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For an author, one of the nicest parts of the traditional book is the dedication page. The dedication is far more than an acknowledgement to someone who helped you write the book, it's a permanent signpost, a capstone to the work of a year or more.
Even if the person you've dedicated the book to can't read it, the writer benefits from the knowledge that a connection was made and that a memory was preserved.
Here's the thing: you can dedicate just about anything. A project, a meeting, a tweet. You don't have to tell anyone but yourself. This blog post, like all the posts before it, has a dedication page, at least in my head.
When you start creating for and in honor of those that have made a difference to you, your work changes.
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Mish's Global Economic Trend Analysis |
Posted: 12 May 2012 10:14 PM PDT French president-elect François Hollande has launched a preemptive attack blaming outgoing president Nicolas Sarkozy for the huge budget deficit of France. Given Hollande wants to tax millionaires 75%, I find it quite ironic that Hollande blames the problem on "hidden taxes" of Sarkozy. Please consider Brussels raises alert over French deficit Brussels has raised a red flag on France's budget deficit next year, in a warning over a €24bn fiscal shortfall that threatens to develop into a confrontation with Paris over austerity.Hollande in Deep Trouble Already Note that Hollande does not have the decency or the courage to name his budget cuts. Moreover, I can guarantee cuts will be bigger and/or the tax hikes greater than he has announced because growth estimates in France are wildly optimistic. Specifically, the idea that France is going to grow 1.7% next year is preposterous. I am willing to bet France will not grow at all. If so, expect still more austerity measures or tax hikes, with protests spreading to France as they did in Greece, Spain, and Italy. The result will be as happened in Greece. Voters will start backing any candidate willing to tell Brussels and the Troika to go to hell. Marine Le Pen is one such candidate on the right. She is in favor of exiting the eurozone. Expect to see counterparts on the left willing to say the same thing as politics splinters in country after country. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
Posted: 12 May 2012 08:09 AM PDT Violent protests against the hated Equitalia, the Italian tax collection agency, are making headlines in several cities in the past few days. In Rome mail bombings have been ongoing since December. Via Google Translate, this time in Italian, please consider a trio of articles. Equitalia, six months of mail bombs MILAN - Equitalia once again in the crosshairs. After the envelope with gunpowder delivered Friday to the see of Rome, in Via Giuseppe Grezar, last night, two Molotov cocktails were thrown against the door of the agency's headquarters in Livorno. This is the latest in a long series of parcel bombs and suspicious envelopes arrived in recent months in various offices of the Italian society of recovery.Livorno, Molotov against Equitalia 4 Molotov cocktails (two did not ignite) and a bomb against Equitalia.Clashes outside the headquarters of Equitalia in Naples NAPLES - The demonstration outside the offices of Equitalia leads to violence. The police charged the demonstrators, one hundred, the "Network against Neapolitan Equitalia" who manned the headquarters of South Course in Naples. "Network" made up of temporary committees, community centers, networks, trade unions and student base.Expect the protests to become more frequent and more violent. Protests in Greece started much the same way. Mario Monti, the technocrat appointed to save Italy has lost support. Reuters reports local vote result dims reform prospects May 9, 2012 12:18pm EDTMonti is not going to remain in control for long, assuming of course he is still in control in the first place. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
Will Greece Snatch Defeat From the Jaws of Victory? Posted: 11 May 2012 11:54 PM PDT Inquiring minds scoff at the preposterous Financial Times headline a 'Glimmer of hope' for Greek coalition The "Glimmer of Hope" that Financial Times writer Kerin Hope speaks of is the possibility of a coalition that last until 2014 before new elections. I strongly disagree. I believe another coalition whose sole purpose is to keep Greece in the eurozone will result in more years of useless torture. Here are a few snips from the Financial Times. Greek conservative leader Antonis Samaras said on Friday there were still hopes a government could be formed after Sunday's inconclusive election to avoid a repeat poll.Venizelos is a Liar For starters Venizelos is a liar. He said he had no interest in forming a government pieced together with barely a majority. So what changed his mind, and what may change the mind of Fotis Kouvelis? The answer is easy to explain in form of post-election polls that show soaring support for the Syriza party led by Alexis Tsipras. Before looking at recent polls, note that Syriza's demands are enough to spread fear into the hearts of every pro-euro clown. Tsipras' Five Point Proposal Please consider Tsipras lays out five points of coalition talks
However, it's not the proposals that are scary to the Troika and eurocrats, but rather Syriza's poll results two days after the election as disclosed in Athens News show that Tsipras has a chance in carrying those proposal out.
Svriza's totals rise every day. By the time elections are held, any coalition might put them in the majority. It's conceivable Syriza would not even need a coalition. This explains the all-out push by eurocrats and Troika-sponsored clowns to stop another election. Thus, the "Glimmer of Hope" that Financial Times writer Kerin Hope speaks of is more like a "Glimmer of Despair". In general, I have no use for socialists. However, if they serve to bring about the exit of Greece from the eurozone they will have done Greece and Europe a huge favor. The sooner the breakup the better. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
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Damn Cool Pics |
Posted: 11 May 2012 11:51 PM PDT "Pinsanity," is when Pinterest addiction goes a little too far. Pinterest seems like a load of innocent fun, but what if Pinterest came to life? It's like reliving that bad college roommate experience over and over and over again.. Via: comediva |
Posted: 11 May 2012 11:02 PM PDT You probably remember how you dressed up and did your best to look awesome for your prom, or to be more precise for the prom camera. While you might have experienced some troubles with your attire or hair, these Wisconsin students went through much more unpleasant experience. Just before their junior prom on Saturday, a group of students from Kettle Moraine High School gathered on a pier at a friend's house for pictures. However, the picture-taking didn't last long, since the pier gave way and the teens plunged into the waters of Lac La Belle. According to NBC: As the group crowded onto the pier Saturday, one person called out that he just heard two cracking sounds, and everyone else stopped, said Josh Orne, 17, one of the students. Without warning, part of the pier gave way, and about half the students dropped feet-first into the water. |
How To Smoke A Cigar [Infographic] Posted: 11 May 2012 10:42 PM PDT Cigar always remain the symbol of aristocracy. The demand for cigar remained the same as it was many decades ago. For its great aroma and taste, cigar is all time favourate for all around the world.Like its manufacturing, while smoking a cigar also have few steps to follow. This Infographic on, "How to smoke a Cigar" guides you how to make your cigar smoking a more enjoyable experience. It discusses every aspects of cigar smoking. So just follow the steps, and indulge yourself in the rich savour of cigar. Click on Image to Enlarge. Via: cigarhumidors-online |
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