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Stanley
Local Historian & Old Fart
36804 Posts
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Posted -
14/11/2010
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06:26
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NEW VERSION TO MAKE IT EASIER FOR MEMBERS WITH SLOW CONNECTIONS TO CONNECT.
Follw this LINK for last version.
Stanley Challenger Graham
Barlick View stanley at barnoldswick.freeserve.co.uk
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Tizer
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Posted - 23/11/2010 : 16:53
Tripps, Bruff, thanks for that, I wish there were more examples put around so that people could appreciate what the big numbers mean. When I listen to the news I often wonder whether they said million or billion, they are so similarin sound - and as Tony would say, "Hey, what's 999 million between friends". We should drop the `-illion' words and use something that makes a better distinction, perhaps like the US word `mega-bucks'. So, kilobuck, $1000; megabuck, $1,000,000; terabuck, $1,000,000,000. But what do we use for £? Kilopounds? KP, MB, TB?
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Stanley
Local Historian & Old Fart
36804 Posts
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Posted - 24/11/2010 : 06:32
Catty, the holiday pay only belonged to the employee if paid and a little known rule attached to it was that the employee had to work a full day before and after the holiday or it could be reclaimed. I never heard of that happening but we all knew the sanction existed. So no question of interest.
Trillions. A man once told me that it was impossible to appreciate 94 million miles as the distance to the sun. I told him that in driving over 2 million miles I had seen more white lines and cat's eyes than that so I could appreciate just how far it was. Not trillions though....
Another massive explosion in the NZ mine and the official view is that nobody can have survived. The price of coal. This was an ultra-modern pit and the explosion should not have happened. Terrible.
We are told by the government that it will pay us to borrow 6billion to help bail out Ireland. At the same time roughly the same amount is extracted from the UK electors in one year. Could it be that the internal UK recovery route doesn't directly impact the financial institutions so long as they can continue to trade on the markets but that there are linkages with the Irish banks which if they should fail would impact on the UK banks so it's obvious to the money men that taxpayers money should be thrown at the problem? One law for the banks and another for the electors? Discuss.
On the wider scene, as Ireland slides into political chaos and can't guarantee that the emergency budget which is the essental precursor to the bail-out will pass. Portugal faces its biggest General Strike as it slides down the same slope. Spain is teetering on the brink and Greece has already fallen off the cliff. Increasingly we are hearing commentators doubting whether the Euro can survive. This mess signals to me that the structural problems in the financial model that got us to where we are now are worse than we were told and further, to my knowledge the same system is still in place. It has not been revised. Is it simplistic to conclude that such revision is not only essential, it is a no-brainer? Re-arranging the deckchairs?
Stanley Challenger Graham
Barlick View stanley at barnoldswick.freeserve.co.uk |
Stanley
Local Historian & Old Fart
36804 Posts
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Posted - 24/11/2010 : 07:47
http://en.wikipedia.org/wiki/Choice_architecture
Ever heard of this? I heard a trail for R4 Moral Maze tonight with the comment that the Condem Downing Street team already has a unit based on the theory in place. Basically it is the theory that public choices can be influenced by psychological manipulation of what might be seen to be undesireable attributes like sloth, greed etc. Talk about 1984! They say some people describe it as 'potty training politics'. Sounds like a good description to me.
Advertising industry already using it?
Stanley Challenger Graham
Barlick View stanley at barnoldswick.freeserve.co.uk |
Cathy
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Posted - 24/11/2010 : 09:48
Help... how do I find the Barnoldswick and Earby Times (the way it used to be up until a few weeks ago) I get thrown from site to site and don't want news of Burnley or Bradford etc... maybe (probably) you have had discussions about this, but does it still exist??
All thru the fields and meadows gay .... Enjoy Take Care...Cathy |
catgate
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Posted - 24/11/2010 : 10:22
quote: Stanley wrote: Catty, the holiday pay only belonged to the employee if paid and a little known rule attached to it was that the employee had to work a full day before and after the holiday or it could be reclaimed. I never heard of that happening but we all knew the sanction existed. So no question of interest.
Eh?
Where did this money accrue during the 51 weeks that it was being earned/generated prior to pay out ?
Every silver lining has a cloud.
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belle
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Posted - 24/11/2010 : 13:39
What attracted my attention today? yet again the arcade isn't updating my scores..pochle tweak, have just worked out how to play it but can't update my score! Doc...Pluggy?
Life is what you make it |
moh
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Posted - 24/11/2010 : 13:52
Strange that, it did mine.
Say only a little but say it well |
belle
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Posted - 24/11/2010 : 15:43
It happened twice...very annoying.
Life is what you make it |
Tizer
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Posted - 24/11/2010 : 17:10
On the `choice architecture' theory and psychological manipulation...this is behind the government's `Behavioural Insights' initiative (I'm calling it an initiative because I don't know what it's supposed to be!). They've been talking to Thaler and decided they can get some mileage out of it. Of course, the conspiracy theorists are having a field day with it!
The sad outcome at the NZ mine reminded me of all the miners around the world risking their lives for us. Give a thought to those in the metal mines, often in countries with poor safety practices and lax regulations, and often working in appalling conditions to dig out the fancy rare metals that are essential for the working of all the electronic devices that we crave.
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panbiker
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Posted - 24/11/2010 : 20:38
quote: Cathy wrote: Help... how do I find the Barnoldswick and Earby Times (the way it used to be up until a few weeks ago) I get thrown from site to site and don't want news of Burnley or Bradford etc... maybe (probably) you have had discussions about this, but does it still exist?? Not really Cathy, I mentioned in another thread that the papers byline is now "an edition of the NelsonLeader"
This is the website of the parent group
Pendle Today Group
Unfortunately this is as good as it gets online.
Ian |
Stanley
Local Historian & Old Fart
36804 Posts
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Posted - 25/11/2010 : 05:40
Catty. Dead simple. It was part of the operating capital/profits of the company, same source as sick pay. Their maney until the pay-out was triggered by holidays or sickness. There was also a privately run holiday club in most mills run by a responsible person. In those cases the person running the scheme kept the interest generated as a reward for doing the administration. Sidney Nutter ran it at Bancroft Shed.
Tiz, you're right. Mining and fishing are dangerous occupations and they occupy my mind frequently because when there is an accident it isusually the result of natural forces. There are occupations with higher death tolls, quarrying used to be one of them but accidents there were often for human reasons. I see they are calling for the bodies to be brought out of the mine, very understandable but I wonderif they have really thought it through. After repeated explosions and underground fires there may not be 'bodies'. I am reminded of Greford, there are still 256 bodies down there in the Dennis Main Seam. From 1943 to pit closure the miners worked next to the seam which was never reopened. The question arises whether the risk of going in for the bodies is worth the result. Perhaps the NZ mine is too dangerous to exploit.
The Koreas escalate. The question that was asked by many people when Bush and Blair went berserk over Iraq was whether they were focussed on the real danger. North Korea already has a nuclear capability and is in a hell of a mess. There was a programme on R4 one day about the glimpse into conditions that could be got from interviewing people at the main border crossing into China. From what could be gleaned conditions are horrendous. There is a theory that the present manufactured 'incident' is largely designed to provide a military platform for the imminent change of leadership. The military are running the show. One thing is certain, no argument about the existence of WMD!
Stanley Challenger Graham
Barlick View stanley at barnoldswick.freeserve.co.uk |
Cathy
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Posted - 25/11/2010 : 08:36
Thanks Panbiker... I searched pendletoday/barnoldswickandearbytimes and got one barnoldswick story. Frustrating.
All thru the fields and meadows gay .... Enjoy Take Care...Cathy |
Stanley
Local Historian & Old Fart
36804 Posts
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Posted - 25/11/2010 : 09:03
Listening to the financial news coming in (Sorry Frank!) I am even more convinced that the Euro is in far more trouble than anyone is admitting and that my instincts at the time of the bank bail-out may have been justified. It begins to look as though the money thrown at them papered over the cracks but did nothing to address structural flaws in how the markets operate. It is these flaws that spawn the pressures that are forcing government interest rates up. Another nail in the coffin of Friedman economics, the market is neither infallible or a potential support for economies in trouble. The sharks are gathering and making as much money out of the situation as they can. What a way to run a financial system!
Stanley Challenger Graham
Barlick View stanley at barnoldswick.freeserve.co.uk |
moh
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Posted - 25/11/2010 : 09:52
I don't know why they don't merge the Colne Times & Nelson Leader, the news is often more Nelson than Colne.
Say only a little but say it well |
Tizer
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Posted - 25/11/2010 : 10:28
Talking of the eurozone crisis, unemployment in Spain is 20%. Portugal 10%. Ireland 12%. UK 8%. If we believe things are bad here and in Ireland, we should be worrying about Spain and Portugal. I think those figures give a glimpse of what the money market people know and fear but don't want to tell us in case we panic.
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