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Historic Overview Of Arrow Rockby Michael Dickey, Site Administrator, Arrow Rock State Historic Site
For generations, the Arrow Rock bluff was a significant landmark on the Missouri River for Native Americans, explorers, and early westward travelers. This flint-bearing, high limestone bluff first appeared on a 1732 French map as "pierre a fleche," literally translated as "rock of arrows." Archaeological evidence shows that for nearly 12,000 years indigenous cultures used the Arrow Rock bluff as a manufacturing site for flint tools and weapons.
Following the War of 1812 and the subsequent peace treaties with Indians in 1815, large numbers of immigrants from Kentucky, Tennessee, and Virginia began pouring into the fertile "Boone's Lick Country," so named for the salt spring or "lick" across the river.
In the 1820s, the earliest travelers on what became the Santa Fe Trail crossed the river on the Arrow Rock ferry and filled their water barrels with fresh water at "the Big Spring" before heading west. In 1829, the town of Arrow Rock was founded on the bluff above the ferry crossing. Originally named Philadelphia, the town's name was changed in 1833 to coincide with the better-known landmark name, Arrow Rock.
Many citizens prominent in state and national affairs were closely associated with Arrow Rock including Dr. John Sappington of quinine fame and George Caleb Bingham, Missouri's preeminent artist of the mid-1800s. Three 19th century Missouri governors also came from Arrow Rock.
When the Civil War began, Arrow Rock had reached its peak population of 1,000. The region had a decidedly southern character evidenced in its culture, politics and architecture. One-third of Saline County's population was enslaved African Americans. The Civil War precipitated an economic decline from which Arrow Rock never fully recovered. Steamboats and river commerce gave way to railroads that bypassed the town. Two fires devastated the business district, and the population dwindled to 400 by 1910. Today, 45 full-time and 33 part-time residents call Arrow Rock home.
While the village is small, don't be fooled by its size. Arrow Rock remains a vital community. The restoration of the Huston Tavern in 1923 marked the beginning of historic preservation in the state of Missouri and set the stage for Arrow Rock's future. In 1963, the entire town was designated a National Historic Landmark because of its association with the Westward Expansion. In 1968, the home of artist George Caleb Bingham was listed separately as a National Historic Landmark. Arrow Rock is also a certified site on the Lewis & Clark and Santa Fe Trails.
Residents participate in a variety of organizations that sponsor Arrow Rock activities and projects: The Friends of Arrow Rock, founded in 1959, maintain thirteen historic structures; the Lyceum Theatre, Missouri's oldest regional professional theatre, presents Broadway-caliber plays; the Historic Arrow Rock Council sponsors one of Missouri's oldest heritage craft festivals; a Merchant's Association continues to provide hospitality and services to the traveler; and an elected Town Board runs the affairs of the village.
The Village Scene in Arrow Rock
Many factors contribute to the village of Arrow Rock that we see today, not the least of which is the town plan that was laid out in 1829 when Arrow Rock was founded. The nearly sixty-acre original town was platted in a grid pattern with one-acre square blocks, four lots to each block. Today, First Street forms the eastern boundary, but early plat maps of 1876, 1896, and 1916 show a Commons or Water Street parallel to the bluff. It is unclear if the street ever existed because there is no evidence of it today.
Prior to the Civil War, supplies, merchandise, people, and animals followed the route of the Santa Fe Trail from the Missouri River through Main Street, Arrow Rock's primary east-west artery. Consequently, commercial businesses were concentrated on the river end of town on both sides of Main Street while churches and other institutional buildings were scattered throughout the community.
Most property in Arrow Rock was devoted to residential use, which in the 19th century meant that many back and side yards contained a multitude of outbuildings, animals, and activities. Frequently, these included a garden, various animals (most certainly chickens, a milk cow, and possibly a horse, with the attendant shelter for each), a cistern or well, an outhouse, a separate kitchen, a smokehouse, and, in a few instances, a slave house.
To accommodate all these uses and activities, many property owners acquired multiple lots, their property extending the full depth of a block. This distinctive ownership pattern had a major impact not only on the functioning and visual appearance of Arrow Rock in the 19th century, but also on the Arrow Rock that we see today. Over the years, as these backyard activities became outdated and outbuildings were removed, Arrow Rock's landscape gradually acquired the park-like quality that characterizes the village in the 21st century.


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You might want to do something else besides eating yourself into a coma this Thanksgiving and then trying to figure out some clever way to whip up leftover turkey. Ine the Hamptons and on the East End, there are some great events that will help you work off that stuffing…mmmmmm, stuffing….
Run for Fun Turkey Trot
09:00 am – 12:00 pm
November 22, 2012
742 Montauk Highway, Montauk, NY. 11954.
Get ready to build up an appetite! Keeshan Real Estate and the East Hampton Town Recreation Dept. host the Run for Fun Turkey Trot. Categories for all ages. Info at 631-324-2417.
Walk It Off Hike
10:00 am – 12:00 pm
November 23, 2012
Southampton, Bridgehampton Turnpike, Sag Harbor, NY. 11963.
Meet at Bay Burger on Bridgehampton Turnpike, Sag Harbor. Fast paced five-mile hike to burn off the Thanksgiving turkey and stuffing. Call Dai Dayton, 631-745-0689.
CHIC22 Trunk Show Benefit for The Retreat
01:00 pm – 04:00 am
Friday and Saturday, November 23 and 24, 2012
CHIC22, 36 Diane Drive, East Hampton, NY. 11937.
Thanksgiving Weekend—Come Shop—for yourself and the holidays and support The Retreat
Clothing, Accessories, Jewelry from boutique CHIC 22—Trunk Show & Treats—10% of Proceeds go to The Retreat
White & Warren Cashmere Sweaters, Dresses, Wraps, Scarves, 360 Cashmere Sweaters, Bell Shirts & Dresses, Cosabella Bra and Panty sets and separates, Only Hearts cami's, chemises, tops, leggings, Fur Vests, DL 1961 Jeans, CJ Jeans, Love Quote Tassel Scarves, Belts, Tops, Sweaters, Necklaces, Earrings, Rings, Bracelets,
Located at: 36 Diane Drive East Hampton, NY 11937, Hands Creek Road off Stephen's Hands Path
Call at 917-575-4715 for directions or any questions.
Or email Wendy at firstname.lastname@example.com.
2012 East Hampton House & Garden Tour Benefiting the East Hampton Historical Society
Opening Night Cocktail Party: Friday, November 23rd (6–8pm)
House Tour: Saturday, November 24th (1–4:30pm). EHHS office at 101 Main Street Tuesday–Saturday, 10am – 4pm
Phone: 631-324-6850
Website: www.easthamptonhistory.org.
Clinton Academy, 151 Main Street, on Friday, November 23rd and Saturday, November 24th between 10am and 4pm.
Beatles and Bingo Rewind!
November 23, 2012 6:00 pm – 10:00 pm
Martha Clara Vineyards, 6025 Sound Avenue, Riverhead, NY 11901.
Please join SAVES, Inc. and special guest Don Duga (creator of Frosty the Snowman and Twinkie the Kid) for a night of live music, bingo games, silent and Chinese auctions, raffles, door prizes, food, wine and fun on Friday, November 23rd, from 6 pm to 10 pm at Martha Clara Vineyards, Riverhead, NY. 6025 Sound Avenue, Riverhead, NY 11901
Featuring the music of The Como Brothers Band as The Beatles. Tickets are $35 in advance, $40 at the door. Contact SAVES for tickets, 631-722-0015, or via email at email@example.com. Bingo winners will receive donated gifts, not monetary prizes. SAVES, Inc. is a 501-c-3, all volunteer, not for profit animal rescue group serving the Townships of Southold and Riverhead, NY.
Trivia Fridays @ Peconic Bay Winery
November 23, 2012
Friday Quiz Night! Peconic Bay Winery
7:00-9:00pm (Open 11:00am-9:00pm)
31320 Main Road
Cutchogue, NY 11935
631-734-7361 or firstname.lastname@example.com
Petting Farm & Pony Rides at The Green School
10:00 am – 12:00 pm
The Green School, 287 Merchants Path (Off Sagg Road), Sagaponack, New York. 11962.
Spend your Saturday morning with your family feeding our farm animals with a basket full of hay and goodies, followed by a pony ride!
Saturday, November 24th R.S.V.P. required
$15/child admission fee
$25/child-includes pony ride
*Bring non-perishable food items for donation and receive $5 off the admission fee*
R.S.V.P. Monday – Friday to 631-537-1634 or email@example.com
Upon confirmation of your registration, directions will be provided.
Third Annual Shelter Island Turkey Plunge
November 24, 2012, 10:15 am
The Third Annual Shelter Island Turkey Plunge will take place at Crescent Beach on Shelter Island.
Vines & Canines Educational Vineyard Walk at Martha Clara
11:00 am
Martha Clara Vineyards, 6025 Sound Ave, Riverhead
Bring your dog down for an educational walk through the vineyard! A donation of a non-perishable dog or cat food item, as well as lightly used pet supplies will be accepted.
Santa arrives! (a little early this year) in Sag Harbor
Sunday, November 25th around 2 pm
The Christmas tree light-up is Saturday, December 1st, between 4:30 and 6 at the Windmill, and the Menorah lighting will be Saturday, December 8th, at 5:30pm. Santa's visit is courtesy of the Sag Harbor Chamber of Commerce!

subset: commoncrawl


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A picture is worth a thousand words, so I am giving you 3,000.
Edit: Unfortunately, these images are gone, because of image hosting problems in late 2009. My apologies.
Ubuntuforums is, by most measuring sticks, the largest support forum for Linux on the Internet. Now with more than 550,000 members.
You can even ask questions about Windows there. Aren't we friendly? 😀


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Sarasota - Hidden Harbor Marina
(Sarasota, FL)
Vincent Lionetti is the membership executive in Sarasota and Bradenton. He joined Freedom Boat Club in April 2014 and thoroughly enjoys connecting prospective and new members with the fun boating lifestyle. After a lifetime of boating, he was excited to put his enthusiasm to work in this full-time marine industry position.
"I really enjoy establishing personal relationships with our members and getting to know them," says Vince. "We have a great group that boats here out of our club location and everyone becomes like family – that's how I like it."
When Vince isn't working with new members of the Freedom Boat Club family, you can likely catch him boating with his own family including wife Tiffany and son Gavin, or traveling the backroads on his Harley-Davidson Fatboy.
Zachary "Zack" Collums is our Club Manager for both busy Sarasota Marina Jack and Palmer Ranch Hidden Harbor locations. Zack joined Freedom Boat Club in April, 2014 and has worked at several dock locations and at the corporate marine center.
Zack is an avid boater who has been enjoying his favorite pastime since the age of seven when his family moved to Sarasota. A local, Zack attended high school at Cardinal Mooney where he played baseball and helped the team accumulate three district and a regional title.
When he's not on the job, he spends his time fishing, hunting, diving, and participating in many other outdoor activities. He referees high school football with the Gulf Coast Football Officials Association and is an active volunteer with the local Special Olympics.
"My main goal with Freedom Boat Club is to do anything possible to simplify the boating process for our members, while keeping it safe and hassle free," says Zack.
Email: firstname.lastname@example.com
Meet Your Corporate Leaders
Barry Slade is Vice President of Business Development for Freedom Boat Club and brings a wealth of senior level experience to this position.
He is directly responsible for expanding the Freedom Boat Club franchise network internationally, a task he is well suited to handle after directing and managing global sales and marketing activities for several leading boat brands.
Barry also is point on new marina acquisition initiatives, drawing from previous experience as COO for a marine management company.
Another major responsibility includes serving as liaison to the growing number of marine manufacturers and select vendors as part of Freedom Boat Club's continued product expansion initiatives.
Barry has worked professionally in the marine industry since 1989 in several executive capacities. In addition, he is an avid boating enthusiast and a major fan of the boat club concept, having been an active boat club member prior to joining the Freedom Boat Club team.
John Giglio is President of Freedom Boat Club, the world's largest and oldest private boating club in the nation now celebrating its 31st anniversary. With 25,000+ members in 190+ locations in the US and Canada and sporting a fleet of more than 2500+ boats, Freedom Boat Club offers an attractive alternative to boat ownership and delivers memories that last a lifetime.
A business graduate of Florida Southern College with an MBA from the University of South Florida, John was part owner of a 20-chain auto body repair firm prior to joining Freedom Boat Club in 2004 as operations manager for its corporate-owned stores, a post he held for three years. He was promoted to sales manager, and within six months, was named director of sales and operations. He and his former partner purchased the company in 2011 and John was named president of Freedom Boat Club LLC. Just a little more than a year later, in May 2012, he bought out his partner and became president, with direct responsibility for all franchise and corporate operations.
Freedom Boat Club is an ongoing, All-American success story. Since John assumed the helm, the company has doubled its growth since 2012 and has continued to receive multiple recognitions both within and outside the marine industry. It has been named to the Entrepreneur's Magazine "Top 500 Franchisees" for the past five years; the Gulf Coast Business Review's "Top 500 Companies;" and Inc. Magazine's "Top 5000 Fastest Growing Companies." Boating Industry Magazine named John to its roster of "Top 16 Movers and Shakers" in 2013. On a regional basis, the Venice Gondolier and Sun named John to its "Top 40 Under 40 Business Professionals," while Freedom Boat Club is a multi-year winner of its "Best Boating Club" award. Leading boat manufacturer Nautic Global Group has named Freedom Boating Club to its Silver, Gold and Platinum Circle for outstanding sales performance.
Email: email@example.com
Joe Bettley is an integral part of the Freedom Boat Club corporate team. As Chief Financial Officer, Joe actively leads the back office disciplines overseeing accounting and finance, technology and human resources. He is also actively involved in all strategic planning initiatives for Freedom Boat Club.
Joe earned his BS in Business Administration and his Master of Accountancy from University of South Florida and is also a licensed CPA. He has earned the CITP – Certified Information Technology Professional, and CGMA – Chartered Global Management Accountant, distinctions. Prior to joining Freedom Boat Club, Joe owned his own accounting practice and highly successful business consultancy. His goal is to help grow the Freedom Boat Club brand in size, profitability, sustainability and through technology.
Email: firstname.lastname@example.com
Louis Chemi is Freedom Boat Club's Chief Operating Officer of Freedom Franchise Systems and Freedom Outdoor Adventures.
In this capacity, Louis works closely with the corporate leadership team to lead Freedom Boat Club globally. His focus will be on international market expansion, while overseeing domestic franchise growth and operations.
Louis, who presently serves on the boards of the American Sportfishing Association and Grow Boating, brings global marine expertise from more than two decades at senior management posts for leading industry manufacturers, most recently including a 10-year stint at Navico, Inc.
Email: email@example.com
Mike Pratt is Director of Fleet Operations with responsibility for the corporate marine center, overseeing all the in-house technicians and service work activities. Mike brings more than 20 years of marine industry experience to Freedom Boat Club, having previously headed up service for one of the dealership facilities of the largest retailer in North America. Mike joined Freedom Boat Club in February 2012 and has as his goal to deliver a superb fleet of boats for members to enjoy. He earned his degree from Florida Southern College.
Email: email@example.com
Nic Thomas joined the Freedom Boat Club team in November of 2014 and is currently the Director of Dock Operations. It's his goal to ensure that every member has their expectations met, all while providing a friendly and welcoming atmosphere. Before starting with FBC, Nic received his Bachelors and Masters degrees with concentrations in Biology, Political Science and Medical Sciences. He also earned his USCG Captain's License for an OUPV. In his free time, Nic enjoys water skiing, wakeboarding, Scuba diving, surfing, and running marathons. He also loves to hike, mountain bike, and cruise on his motorcycle in the beautiful outdoors.
Email: email@example.com
John Combes is the Director of Dock Operations for the Southern Freedom Boat Club locations (Punta Gorda to Marco Island). His mission is to work with the location dock staff teams to ensure they provide a simple maintenance-free and memorable boating experience for every member. This is accomplished through hiring, training, listening to and assisting the local Club Manager and Dock Masters on a daily basis.
Prior to his current position, John served as Club Manager at Freedom Boat Club's Pine Island and Punta Gorda Laishley Park Marina locations.John has experience leading sales, operations, marketing and administrative teams at several Fortune 500 companies. John and his wife Nancy are avid boaters and sailors. They have sailed to the Abacos and the Florida Keys and enjoy exploring all of the barrier Islands in Southwest Florida. John has a USCG OUPV Captain's license.
John is from Detroit, Michigan and has lived in Florida since 1990.
Captain Stephen Jacobs is Director of Training/Instructor for Freedom Boat Club. He is one of the oldest associates in the FBC corporate fold, having first affiliated with the organization in 2002, and becoming a full-time employee in 2004. Steve is responsible for both the corporate and franchise member training programs including the development of all customized training materials and ongoing delivery.
Steve holds a 50-ton United States Coast Guard Masters license, with towing and radar endorsements. He is also a certified Recreational Powerboating Association instructor.
Prior to joining Freedom Boat Club, Steve spent 25 years as a boat owner in the San Francisco Bay area. He enjoys all types of boating activities … powerboating, sailing and most recently, has become a stand-up paddleboarding aficionado.
Email: firstname.lastname@example.com
Randy Underwood is Freedom Boat Club's Corporate Membership Sales Manager. His first and foremost responsibility is to train and support his team of membership executives throughout the Southwest Florida region. He is responsible to provide the tools needed for the sales team to perform their job. He is also intimately involved in creating new systems and programs to facilitate a better experience for the sales team.
Randy is responsible for ongoing sales training for both the internal corporate team, as well as supporting franchise sales groups however needed. Prior to his promotion, Randy served in the trenches as an award-winning corporate membership executive himself, having won the "Membership Executive of the Year" five consecutive years. This hands-on experience working in the field allows Randy to bring a real world perspective to the position.
Jim Cull is Business Development Coordinator, part of the corporate sales and marketing team. Jim focuses on developing and implementing Affinity Marketing Programs (AMP) for the company's corporate and franchise organizations. Jim has successfully launched Freedom Boat Club's corporate AMP for realtors, followed by a program exclusively for members of the District 22 United States Power Squadron. Jim is currently launching a new First Responders and Military Affinity program.
Email: email@example.com
Martha "Marti" Wagley serves as Training Manager for Freedom Boat Club's corporate clubs throughout Southwest Florida. In this capacity, Marti is responsible for recruitment and training of 25+ trainers, a job she is well qualified to manage. Marti has been with Freedom Boat Club since 2007 and in her tenure, has trained somewhere in the neighborhood of 1000 members. With a 100-ton US Coast Guard Masters License and years of boating experience under her belt, Marty brings plenty of experience and a boat load of enthusiasm to her job.
On a personal front, Marti is a passionate scuba diver and a PADI certified master diver/instructor who has managed shops and trained divers in exotic ports of call including Maui and several venues throughout the Caribbean. She's also a former body builder and motorcycle owner/enthusiast. Her favorite role, however, is spending time with her daughter and grandkids, including the latest family production … her first great grandson!
Email: firstname.lastname@example.com
Nick Gosselin serves as Freedom Boat Club's Director of Marketing.
In this capacity, Nick leads all aspects of Freedom Boat Club's branding, advertising, and communication efforts. His primary focuses include building the Freedom Boat Club brand across the country and supporting individual franchisees with local marketing initiatives.
He has previously worked extensively in the franchising industry, bringing a wealth of marketing and brand building experience. Prior to joining Freedom Boat Club, he worked with World of Beer Franchising, The Boston Beer Company, and Vistaprint.


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Mises Daily Articles
Whatever Happened to Peace Officers?
Editor's Note: The following is a selection from a speech by Mises Institute President Jeff Deist at the Southwest Regional Mises Circle in Houston, "The Police State: Know It When You See It," on January 18, 2014.
Today when we use the term peace officer, it sounds antiquated and outdated. I'm sure most people in the room under 40 have never heard the term actually used by anyone; we might as well be talking about buggy whips or floppy disks. But in the 1800s and really through the 1960s, the term was used widely in America to refer generally to lawmen, whether sheriffs, constables, troopers, or marshals. Today the old moniker of peace officer has been almost eliminated in popular usage, replaced by "police officer" or the more in vogue "law enforcement officer."
The terminology has certain legal differences in different settings; in some places peace officers and police officers are indeed different individuals with different functions, jurisdictions, or powers to execute warrants. But nobody says peace officer anymore, and it's not just a coincidence.
The archetype of a peace officer is mostly fictitious — sheriffs in westerns often come to mind, stern lawmen carrying Colt revolvers called "Peacemakers." But the Wyatt Earps of western myth weren't always so peaceful, and often, at least in movies, used their Peacemakers to shoot up the place.
Outside the Old West archetype, Sheriff Andy Taylor of the Andy Griffith Show is perhaps the best and most facile example of what it once meant, at least in the American psyche, to be a peace officer. Now of course the Andy Griffith show was fictional. And there's no doubt that many, many small town sheriffs in America over the decades have been anything but peace officers. Yet it's fascinating that just a few decades ago Americans could identify with the character of Sheriff Taylor as a recognizable ideal.
Obviously the situation today is very different, and we all know how far things have fallen. Police have suffered a very serious decline over the last several decades, both in terms of their public image and the degree to which average citizens now often fear police officers rather than trust them. We can note also that poor and minority communities have long been less trusting, or perhaps less naïve, about the real nature of police. But today that jaundiced view has found its way into middle-class consciousness.
Now the subject of police misconduct and the growing militarization and lawlessness of police departments could fill many hours, and several libertarian writers are doing a great job of documenting police malfeasance, as in the excellent work of investigative journalist William Norman Grigg.
But allow me to mention some particularly egregious recent examples of police action escalating and harming, rather than protecting and serving.
As just one example, we can point to the case in which a 90-pound, mentally-ill young man very recently was killed by three so-called law enforcement officers from three different agencies in Southport, North Carolina. He was apparently having a schizophrenic episode and brandishing a screwdriver when police arrived in answer to his family's 911 call asking for "help." The first two officers managed to calm the young man down, but the third escalated the situation, demanding that the other officers use a taser to subdue him. Once his body hit the ground the young man was brutally shot at close range by the third officer, for reasons that remain unclear.
As another example, we could note the beating death of Kelly Thomas by police in Fullerton, California. The beating was seen as so brutal and unjustified by many members of the community that it led to the recall of three members of the Fullerton City Council who defended the police department in the wake of the beating.
So here we see modern police at work. Escalation. Aggression. A lack of common sense, making a bad situation worse. Overriding concern for the safety of police officers, regardless of the consequences for those being "protected." These are not the hallmarks of peace officers, to put it mildly.
Another troubling development that demonstrates how far we've strayed from the peace officer ideal can be seen in the increasing militarization of local police departments. The Florida city of Ft. Pierce (population 42,000) recently acquired an MRAP vehicle, which stands for "mine response ambush protection" for the bargain price of $2,000. The U.S. military is unloading hundreds of armored tank-like vehicles as Operation Enduring Freedom winds down — and it's also unloading thousands of Afghanistan and Iraq combat vets into the ranks of local police and sheriffs. The Ft. Pierce police chief states, "The military was pretty much handing them out. ... You know, it is overkill, until we need it."
So how did we go from "peace" officers to "police" officers to "law enforcement" officers anyway? How did we go from "protect and serve" to "escalate and harm"? And what is behind the militarization of police departments and the rise of the warrior cop, as one writer terms it?
Well, as Austrians and libertarians we should hardly be surprised, and we certainly don't need a sociological study to understand what's happening. The deterioration in police conduct, and the militarization of local police forces, quite simply and quite predictably mirrors the rise of the total state itself.
We know that state monopolies invariably provide worse and worse services for more and more money. Police services are no exception. When it comes to your local police, there is no shopping around, there is no customer service, and there is no choice. Without market competition, market price signals, and market discipline, government has no ability or incentive to provide what people really want, which is peaceful and effective security for themselves, their families, their homes, and their property. As with everything government purports to provide, the public wants Andy Griffith but ends up with the Terminator.
There is no lack of Austrian scholarship in this area, the intersection between security services, state monopolies, public goods, and private alternatives. I would initially direct you toward two excellent primary sources to learn more about how markets could provide security services that no only produce less crime at a lower cost, but also provide those services in a peaceful manner.
My first recommendation is Murray Rothbard's Power and Market, which opens with a chapter entitled "Defense Services on the Free Market." Right off the bat Rothbard points out the inherent contradiction between property rights and the argument that state-provided police services are a necessary precondition to securing such property rights:
Economists have almost invariably and paradoxically assumed that the market must be kept free by the use of invasive and unfree actions — in short, by governmental institutions outside the market nexus.
In other words, we're told that state-provided police are a necessary precondition to market activity. But Rothbard points out that many goods and services are indispensable to functioning markets, such as land, food, clothing, and shelter for market participants. Rothbard asks, "… must all these goods and services therefore be supplied by the State and the State only?"
No, he answers:
Defense in the free society (including police protection) would therefore have to be supplied by people or firms who (a) gained their revenue voluntarily rather than by coercion and (b) did not — as the State does — arrogate to themselves a compulsory monopoly of police or judicial protection.
Another excellent starting point is Hans Hoppe's The Private Production of Defense. Hoppe makes the case that our long-held belief in collective security is nothing more than a myth, and that in fact state protection of private property — our system of police, courts, and jails — is incompatible with property rights and economic reality.
Motivated, as everyone is, by self-interest and the disutility of labor, but equipped with the unique power to tax, state agents will invariably strive to maximize expenditures on protection — and almost all of a nation's wealth can conceivably be consumed by the cost of protection — and at the same time to minimize the actual production of protection. The more money one can spend and the less one must work for it, the better off one will be.
Both Rothbard and Hoppe discuss an "insurance" model for preventing crime and aggression, which makes sense from a market perspective. Rothbard posits that private police services likely would be provided by insurance companies which already insure lives and property, for the commonsense reason that "... it would be to their direct advantage to reduce the amount of crime as much as possible."
Hoppe takes the insurance concept further, arguing that:
The better the protection of insured property, the lower are the damage claims and hence an insurer's loss. Thus, to provide efficient protection appears to be in every insurer's own financial interest. ... Obviously, anyone offering protection services must appear able to deliver on his promises in order to find clients.
Compare this to the "growth" model of most local police departments, which continuously lobby their city councils for more money and more officers!
Now admittedly the private provision of police and security services is a complex and controversial subject, and we're only touching on it today. But rest assured that if you read further, both Rothbard and Hoppe address many common objections raised when discussing private police: attendant issues like political borders; differing legal systems; physical jurisdiction and violence among competing firms; the actuarial problems behind insuring against physical aggression; free riders; and so forth.
But increasingly society is moving in the direction of private security regardless: consider for example, complex insurance networks and indemnification arrangements across borders; private arbitration of disputes; the rise of gated communities and neighborhoods utilizing private security agencies; and fraud prevention mechanisms provided by private businesses like eBay and Paypal.
These trends can only intensify as governments, whether federal, state, or local, increasingly must spend more and more of their budgets to service entitlement, pension, and debt promises.
If we want our police to act more like Sheriff Andy Taylor and less like militarized aggressors, we must look to private models — models where our interests are aligned with security providers. Only then can we bring back true "peace" officers, private security providers focused on preventing crime and defusing conflicts in cost effective and peaceful ways.


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The essay, "Sexual Offender Shenanigans," is by Keith Ablow, a forensic psychiatrist, TV personality, and mystery novelist. Dr. Ablow totally nails the slippery slope that we are sliding down in the civil commitment arena:
… In most states one of the "prongs" of being found not criminally responsible (by reason of mental illness) is the inability to conform one's behavior to the requirements of the law. Clearly, that is what federal prosecutors are contending -- but only in retrospect -- about the sexual offenders they seek to commit: They can't control themselves and never could. They are turning prisoners over to the secure hospitals that should have held them and tried to heal them from the very beginning (and, probably, for just as long)….Go, Fox News!
The potential for abuse of the federal sexual offender statute is too great. What happens when gang members are deemed too violent to be released after their prison terms are up? What happens when spousal abusers are considered too dangerous to hit the streets? How about those who conspire against the government in any way? Will they somehow find themselves not only sentenced to prison, but also later held without criminal trials in mental health units?
Sound far-fetched? Well, smart, democratic, free societies that hope to stay that way need to see the seeds of authoritarianism when they are planted. The federal sex offender law is such a seed. It blurs the boundaries between punishment for crimes and enforced psychiatric care for sick people (who can't control themselves). In so doing, it gives the government the power to lie in court and coerces the mental health care system to cover its backside.
Inappropriate government power is best sold to the public when it is said to apply only to the most hated folks among us. It's funny (actually, it's scary), though, how quickly that power could be applied to the rest of us.
The full text of Dr. Ablow's prophetic essay is HERE. The Daily Kos blog also has a good analysis of the case and its importance. Some of my earlier coverage of the Comstock case is HERE.


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Mitt Romney's opponents in the GOP Presidential primary need to jump all over this. Seems one of his advisors feels ObamaCare won't be repealed completely.
"You will not repeal the act in its entirety, but you will see major changes, particularly if there is a Republican president," Coleman told BioCentury This Week television in an interview that aired on Sunday. "You can't whole-cloth throw it out. But you can substantially change what's been done."
That would be former Minnesota Senator Norm Coleman, who Romney's campaign is trying to distance itself from.
"With all due respect to Sen. Coleman, he's wrong," campaign spokeswoman Andrea Saul said via e-mail. "Gov. Romney can and will repeal Obamacare and is committed to doing so."
Distancing or not this is another example of why Mitt Romney can NOT be the Republican nominee. It's also an example of why the Republican establishment needs to stop trying to pick who their nominee should be.
(H/T – RedState)
Related articles
- Romney's Real Intentions For Obama-Care? (markamerica.com)
- Rick Santorum Uses 'ObamaCare' to Highlight His Conservative Bona Fides (deaconjohnspace.wordpress.com)


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These two sections give the "red and black" on the anointing of catechumens. This rite has three parts: first, a prayer of exorcism (see RCIA 94); then the optional blessing of oil; and finally, the anointing itself. The rubrics read:
102. When anointing with oil already blessed by the bishop, the celebrant first says the prayer of exorcism given as option A (or one of the other prayers of exorcism in (RCIA) 94); a priest celebrant who for pastoral reasons chooses to bless oil for the rite uses the blessing given as option B.
Let us pray.
O God,
source of strength and defender of your people,
you have chosen to make this oil,
created by your hand,
an effective sign of your power.
Bless + this oil
and strengthen the catechumens who will be anointed with it.
Grant them your wisdom to understand the Gospel more deeply
and your strength to accept the challenges of Christian life.
Enable them to rejoice in baptism
and to partake of a new life in the Church
as true children of your family.
We ask this through Christ our Lord.
103. Facing the catechumens, the celebrant says:
We anoint you with the oil of salvation
in the name of Christ our Savior.
May he strengthen you with his power,
who lives and reigns for ever and ever.
The celebrant anoints each catechumen with the oil of catechumens on the breast or on both hands or, if this seems desirable, even on other parts of the body.
(If there are a great many catechumens, additional priests or deacons may assist in the anointing.)
The anointing may be followed by a blessing of catechumens (RCIA 97).
In the blessing of oil, we see that line "created by your hand" in reference to the Church's use of olive oil. Natural or God-made items are generally preferred for most of the Church's sacraments and sacramentals.
As usual, the texts of the prayers point to a desired final result of this rite. Catechists should take note of this, and plan teaching accordingly. Homilists, too.


text:
|System: Xbox 360, PS3*, PC
|Dev: Gearbox Software
|Pub: 2K Games
|Release: October 16, 2012
|Players: 1-4
|Screen Resolution: 480p-1080p
|Blood and Gore, Intense Violence, Language, Sexual Themes, Use of Alcohol
Now, that's not to say it's completely perfect. I came across a few bugs during my time with the DLC. But then again, these weren't Skyrim-level bugs or anything. Once or twice I saw some glowy green walls appear around certain objects, and a couple times the enemy A.I. would just stand there and let me shoot at it. Also, trophy/achievement hunters might be disappointed that there are only three new ones to earn here. Considering how much content is here, such a small number of trophies/achievements seems like an odd choice.
But seriously, with Scralett's ten or so hours of gameplay, these were my biggest gripes. You should probably just forgive Gearbox and throw your ten bucks at them.
I understand that the people who read reviews like this one tend to skip over a good portion of the text to simply check out the summary paragraph and the score. And while it makes me sad to see so much of my hard work skipped over without a thought, I don't blame you; you've got Borderlands to play. So for the jerks who simply want a concise breakdown of my opinion of this content, here it is:
Captain Scarlett and Her Pirate's Booty is simply an astounding piece of content that should be celebrated with excessive amounts of rum. At a measly ten bucks, I can't find a single legitimate excuse for any Borderlands fan to skip this. So pick it up, you landlubber, or I'll make you walk the plank.
Josh Wirtanen
Editor / News Director
Date: October 19, 2012
Game Features:


text:
Understanding your data
Now that you've created your campaign, it's time to measure your ad performance. Analyse basic account, campaign and ad group information to improve your return on investment (ROI). AdWords also offers advanced reports for more information on how customers interact with your ad.
Measure ad and keyword performance
- Monitor your ads and keywords
- Measure ad extension performance
- Evaluate ad performance on the Display Network
- Measuring image and video ad performance
- Monitor and optimise your Shopping campaigns
- Evaluating ad performance on the Search Network
- Measure Search Network keyword performance
- Tips for tracking and improving online sales
- About video ad metrics and reporting
Additional performance insights
- Compare and track your ads' performance over time
- About ads labels
- Create, use and manage labels
- About measuring paid & organic search results
- Check your Quality Score
- Understanding landing page experience
- About Display Planner
- About the search terms report
- About measuring geographic performance
- View location and distance reports
- Understanding viewability and Active View reporting metrics
- About Quality Score
- View the search terms report
- About notes
- Create and edit notes
- About explanations (beta)
- About local actions conversions
- Plan a Display campaign using the new Google Ads experience
- About Brand Lift surveys
- About optimisation score
- Check your optimisation score
- Optimisation score: Definition
Understanding your ad exposure
- Measuring reach and frequency
- About impression share
- Use auction insights to compare performance
- Using free clicks data
- About click share
- Get impression share data
- About exact match impression share
- Improve your impression share
- About forecasts in Reach Planner
- About the new Reach Planner
- Create, review and edit a media plan in the new Reach Planner
- About recommended media plans in the new Reach Planner
- Fix forecasting issues in Reach Planner


text:
LITTLE ROCK � Arkansas' lottery scholarship program is expected to go through some changes during the upcoming legislative session, though lawmakers differ on what those changes should be.
LITTLE ROCK � Arkansas� lottery scholarship program is expected to go through some changes during the upcoming legislative session, though lawmakers differ on what those changes should be.
One likely outcome is that scholarship amounts will be lowered. The first lottery-funded scholarships, awarded in the 2010-11 school year, were $5,000 per year to attend a four-year school and $2,500 per year to attend a two-year school. By the time the Legislature convened in January 2011, however, it had become clear that the program was not sustainable at that level, so lawmakers reduced the scholarship amounts by 10 percent.
Now the state Department of Higher Education is urging lawmakers to make more adjustments to the program. ADHE officials say that if lottery revenues continue at the current level, the cost to maintain scholarship awards at the current level would exceed revenues and exhaust a $20 million reserve within three years.
The legislative oversight committee on the lottery voted Tuesday to recommend lowering the scholarships amounts to $3,300 for four-year schools and $1,650 for two-year schools. But that is not the only idea being discussed.
�I�d be really surprised if we do not change eligibility requirements so that these scholarship amounts (can) remain at a level that�s meaningful for the students,� said Sen. Jonathan Dismang, R-Searcy, a member of the lottery oversight panel.
Currently, to qualify for an Academic Challenge Scholarship a student must graduate from high school with at least a 2.5 grade-point average or score a 19 on the ACT. Dismang said he would like to see the Legislature change the requirement so that students must have both a 2.5 GPA and a 19 ACT score, not one or the other.
Rep. Ann Clemmer, R-Benton, said the Legislature could create a formula in which both GPA and ACT score are taken into account, so a low score on one would require a higher score on the other to achieve eligibility.
�A 2.5 alone does not mean you�re prepared for college,� she said.
Only about half of lottery scholarships are retained, according to higher education officials.
A move to raise eligibility requirements likely would be met with some opposition. Some say that would defeat the lottery�s goal of making college accessible to students who otherwise would not go.
�I would just ask we proceed with caution with changing any eligibility that would make it more difficult for my constituents to get lottery scholarships,� Sen. Stephanie Flowers, D-Pine Bluff, said during a legislative hearing on lottery scholarships last month.
Flowers noted at the time that her district includes part of Jefferson County, which is one of the top counties in the state in lottery ticket sales but is not one of the top counties in scholarship awards.
Sen. Johnny Key, R-Mountain Home, co-chairman of the legislative oversight committee on the lottery, has floated the idea of a tiered system in which scholarships would increase each year for four years, to give students an incentive to stay in school. Critics say that offering relatively small scholarships for freshmen would offer too little aid to students whose only barriers to starting college are financial.
Clemmer is considering filing a measure similar to a proposed constitutional amendment she filed in 2011 that would have required at least 35 percent of lottery proceeds to go to scholarships.
All lottery revenue after prizes and expenses now goes to scholarships. Net proceeds have averaged about 20 percent of total revenue.
�The voters didn�t vote just for a lottery, they voted for a lottery scholarship. And when only 20 percent of the money is going to scholarships, I don�t know that that�s what the voters intended,� Clemmer said.
Critics of that idea say a percentage requirement for scholarship funding would mean smaller prizes and limited ability to promote lottery games, ultimately putting a damper on ticket sales.
�I don�t know that it�s as simple as locking into a certain percentage,� said Rep. Matthew Shepherd, R-El Dorado, a member of the lottery oversight panel.
Rep. Nate Bell, R-Mena, is working on a bill to require students who fail to obtain a degree to repay their scholarship money, with some exceptions.
Dismang said of Bell�s proposal, �I understand what he�s trying to do, but I don�t believe that that�s really the direction that we need to be going. We need to be tackling it on the front end through the eligibility requirements.�
Key said during a hearing last week that �it�s disappointing� to be in a position of needing to lower scholarships for the second time.
Arkansas approved a constitutional amendment authorizing a state lottery in 2008. At the time, former Lt. Gov. Halter, who led the push for the lottery, predicted the lottery would raise $100 million a year for scholarships.
The lottery has not quite met that goal. Lottery officials say it currently is on track to raise $90 million this fiscal year for scholarships, down from $97 million the previous year.
Meanwhile, demand for the scholarships has exceeded expectations. More than 90,000 students have received scholarships in the program�s first three years.
�I do think the lottery was oversold. I think we over-promised what would be available to students,� Dismang said.
�It�s the revenue amount, the number of students applying � I don�t think that all those factors were adequately discussed, especially when we were initially setting out the scholarship amounts. It was new to Arkansas, and in a way that�s understandable. But we do have to create the proper amount of expectation,� he said.


text:
Cameras that can see in the dark are nothing special. But how much detail can you really get from that fuzzy, green, Buffalo Bill-o-vision? The Color Night Vision Camera, though, can reproduce red, blue, and green even through the pitch black darkness, using the magic of infrared.
It's just a prototype for now, and they're still working through some hiccups. But a commercial version is expected to be available by the end of the year, when you'll finally be able to do your stalking in Technicolor. [CrunchGear]


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text:
The Lippa Side Chair adds the perfect modern classic touch to any dinning space. Sturdy, easy to clean and lovely to behold, these chairs elevate a meal to whole new levels of enjoyment. Available in an array of colors, the Lippa Chair makes it easy to express your individual style. Lippa chairs come great with Lippa round white dining table.
Model: Lippa AC Black
SKU: EEI-116Measurements:
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For stock information please call/email or use check stock feature in a shopping cart since stock changes every day.
Modway is CA-NJ based importer of modern dining stools, coffee tables, office furniture and more. Styles of their products are always contemporary, modern and urban.


text:
Why Cetaphil is the Devil
Last week I was talking to a reader about how many chemicals are in most facial cleansers and she said "That's why I use Cetaphil!"
I nearly fell out of my chair.
Darling readers, I feel it is my duty to inform you: Despite what 9 out of 10 dermatologists say, Cetaphil is the devil. It may look harmless and smell harmless but by golly it's craptastic. One plastic jug contains just eight ingredients: water, cetyl alcohol, propylene glycol, sodium lauryl sulfate, stearyl alcohol, methylparaben, propylparaben, butylparaben. Everything but the water is chemically manufactured, and propylene glycol, sodium lauryl sulfate, and three (three!) parabens are potentially cancer-causing. Which means, there is not a single beneficial ingredients in this cleanser. So what's a girl to do? Step one: Put your Cetaphil in the trash. Step two: Pick up a natural, inexpensive alternative. Two of my favorites: Suki Sensitive Skin Cleansing Bar ($11.95 ) and Yes to Cucumbers Towelettes ($5.99). What are some of yours?
For more depressing data on Cetaphil, check out this fantastic reporting from Well + Good NYC.


text:
Stroke rehabilitation is training and therapy that helps a person
regain function and relearn skills that were lost as a result of a stroke. The
focus of rehabilitation depends on which part of the brain was damaged from the
stroke and how much damage was done.
Rehabilitation begins in the hospital, as soon as the person is
stable after having a stroke. A rehabilitation team that includes doctors and
nurses and physical, occupational, speech, and recreational therapists helps
the person to resume activities of daily living, such as eating, bathing, and
dressing. Some people may need help learning how to walk again, communicate,
and overcome disabilities from the stroke.
Last Revised:
June 28, 2011
Healthwise Staff
Medical Review:
E. Gregory Thompson, MD - Internal Medicine & Richard D. Zorowitz, MD - Physical Medicine and Rehabilitation
This information does not replace the advice of a doctor. Healthwise, Incorporated disclaims any warranty or liability for your use of this information. Your use of this information means that you agree to the Terms of Use. How this information was developed to help you make better health decisions.
To learn more visit Healthwise.org
© 1995-2012 Healthwise, Incorporated. Healthwise, Healthwise for every health decision, and the Healthwise logo are trademarks of Healthwise, Incorporated.


text:
Kendrick Perkins to shed 20 pounds in off-season
Not that Perkins cares about critics, but the road to silencing them starts this summer. Perkins wants to show up for training camp at 265 pounds, 20 pounds lighter than he is now. He's hired a nutritionist and is planning to get to work right away, spending most of his time working out in Houston with former coach John Lucas.


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Join our experts, Ray Jones, Vice President, IBM System z® Software, and Kevin Stoodley, IBM Fellow and CTO for Enterprise Modernization Tools, Compilers and Security, to learn how IBM's latest compilers, middleware and tools can help you stay on the technology curve. In this complimentary webcast, Ray and Kevin will discuss best practices and approaches to plan and execute a successful compiler migration, alongside CICS®, IMS™ and DB2® upgrades. They will also go over IBM's strategy for compilers and tools on System z to help you better plan your overall development and upgrade efforts.
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text: Hi Guys, Finally finished setting the above up. Most of it seems to work out of the box. Only issue i seem to be having is that I cannot release messages. GIves me a cannot connect to server error. If I turn off java then it does the server misconfigured page. Any help would be much appreciated. Rich


text:
This exhibition brings together a rich and varied treasure trove of nearly 400 works, on loan from collections in 13 countries, with the aim of reconciling the legend of Babylon with its history. Spanning five millennia (from the end of the 2nd millennium B.C. to the beginning of the 20th century), it pays tribute both to the historical and cultural importance of this ancient city and the way in which its reality was later transformed into the mythical Babylon. The oldest textual reference to Babylon dates back to the period of Sumer's archaic dynasties: in ancient Akkadian, the governor of a place called Bar-bar—a phonetic retranscription of Ba(b)bar or Ba(b)bal, probably ancient Babylonian script—was described as the builder of a temple to the god Marduk. Thus around 2500 BC there probably existed a city, populated by Akkadians, that was the capital of a principality. Nothing more is known, because these ancient levels of Babylon are inaccessible to archaeological excavation. The temple in question was probably located on the east, or left, bank of the Euphrates, the site of the current ruins.The name Babylon appears three hundred years later, on a clay tablet, written in Sumerian ideograms, KÁ.DINGIR.KI, to be read in Akkadian bāb-ilu or bāb-ilim, which means "Gate of (the) God(s)." This document refers to the construction of two temples in Babylon. These twin temples, part of the same complex, were dedicated to two warrior deities, namely Anunîtum, daughter of the moon-god, and the Akkadian god Il-aba: "Year in which Shar-kali-sharri laid the foundations of the temple of Anunîtum and the temple of Il-aba, in Babylon."
After the fall of Ur, almost all trace of Babylon is lost for one hundred years (2000 to 1890 BC). The political situation in Mesopotamia in the late twentieth century BC was marked by a weakening of the power and political influence of the Isin dynasty. A few chiefs of sedentary Amorite tribes took advantage of the situation by capturing towns in northern Babylonia. The leader of one of these groups, Sumu-la-El, seized possession of Babylon in 1894 BC. It was probably his successor who founded the first Babylonian dynasty around 1880 BC.
The great Akkadian monarchs, Sargon and his grandson Naram-Sin, long served as the model of a heroic king. The depiction of Naram-Sin leading his troops to victory over the people of the Zagros Mountains on his victory stela inspired later all-conquering monarchs when it came to pose and military dress (a short garment with long front panel). Old Babylonian royal victory stelae were influenced by the heroism of the Akkadian empire, while the position of the arms and weapons of the king of Akkad were imitated by the heroic warrior-kings depicted on Old Babylonian seals.The first section of the exhibition (=Truth) exposes the roots of our Western culture by looking at the archaeological remains of Babylon, thus revealing what lies behind the legends. This section centres around the Ishtar Gate and the Processional Way of Babylon, one of the ancient Seven Wonders of the World. Over 800 objects are exhibited, among them statues, reliefs, votive offerings, architectural fragments, and documents.
The second section of the exhibition (=Myth) regards Babylon as a metaphor for the dark sides of civilisation - repression and the lack of freedom, terror and violence, hubris and madness. In European art and culture, the myth of Babel is closely related to mankind's primal fears. Here, visitors experience the mythical story of the rise and fall of Babylon as a city of sin and tyranny, as the site of the confusion of tongues and the metropolis of eternal apocalypse.
PergamonmuseumAm Kupfergraben 510117 Berlin-Mitte


text:
Monetary PolicyTaxes and Spending
Argentina is only going to prosper when it recognizes that its fiscal and monetary imbalances are not the fault of the citizens and their small businesses, but of the government.
The FedGlobal EconomyMoney and Banking
The true lesson from Japan is that central planners prefer to gradually nationalize the economy before even considering a moderate reduction in government size and control.
Global EconomyStrategyPolitical Theory
The ideas of Mises, Rothbard, and Hoppe have sparked an intellectual revolution in Brazil, and the country's left fears it.
Financial MarketsGlobal Economy
The recent collapse of the Argentine Peso and other emerging currencies doesn't bode well for the global economy.
Argentina is a warning, and administrations should take this as a serious signal before the scare turns into a widespread emerging market crisis
Global EconomyTaxes and Spending
Argentina is faced with a model that has disproportionately increased the tax burden on the most productive sectors to subsidize the lowest productivity sectors.
Money and Banks
Global EconomyPrices
It no longer seems to be the case that a few countries can control oil prices. In other words, cartels are being even less influential in oil markets.


text:
The Kindle 3 was like the girl next-door: Maybe not the prettiest, but comfortable, smart, and simple. The new non-touch Kindle's the bitchy cheerleader; absolutely gorgeous but totally unaccommodating and uninterested in whether you're enjoying yourself.
For the first time, picking up a Kindle doesn't feel like I'm firing up the ol' Book Reading Machine. The waif-thin proportions and low-profile design make it feel like a natural successor to the paperback—more like a Book Reading Accessory. And from the new size comes the biggest improvement to functionality: The reader now fits comfortably in your jacket/back pants pocket. Sure, it sort of did before, but it looked pretty stupid. I'm going to take this thing out with me when I don't have a bag a lot more.
Page turning is faster than the Kindle 3 (though not so fast as the Nook Simple Touch), and I actually enjoyed the new, non-dead-author wallpapers more than I probably should have. I haven't used the Special Offers version, though, so I can't tell you how much those suckers detract from the experience. (Probably not much though, since they're just screensavers.)
The easy, ergonomic simplicity of the Kindle 3 is kind of gone, the page-turning buttons being the biggest offenders. On the previous models, they were flush on the front of the device. But on the new model, in the service of clean lines and industrial design, they're strangely narrow and on the diagonal edge of the Kindle. That makes holding the device incredibly awkward, and you're more likely to get a hand cramp than find a position that lets you hold the Kindle and press the page buttons comfortably.
Inputting text is a lot harder without a keyboard, and you can see how that would be a giant pain in the tookus for anyone who types on their Kindle with any regularity (I don't). Much more troubling, though, were the newly-centered navigation, select, menu, and back buttons. The right-aligned keys on Kindle 3 allowed for easier navigation that, accidentally or otherwise, made for a wonderfully ergonomic right-handed reading experience. Using the nav buttons for the auto-dictionary function (to figure out stuff like what "nightsoil" is in King's Landing) is an almost-every-few-pages action, so it's a pretty large inconvenience to have to reach to the middle of the device each time. And the out-of-the-way buttons are compounded by information like page count and location values now requiring you to press the menu button to be viewed.
Maybe, if you want an ereader for under or around a hundred bucks. But there are a bunch of caveats. The size difference makes it really hard to justify going back to the Kindle 3, because the size difference breaks the barrier for true portability and pocketability. But it's more of a pain to use than a Kindle has any right to be. If all you care about is ease of use, you might want to take a look at the Kindle 3, Nook Touch, or wait a bit and check out the Kindle Touch in November.


text:
August 28, 2006
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to discuss this article
Stephen King
Mark Cipolloni/AutoRacing1.com
Champ Car driver Justin Wilson got his real big break in
racing when he was offered to drive in Formula One. However, he
was expected to bring money but he didn't have enough so he sold shares
in himself to raise the funds in a novel concept.
I caught up with the head of Wilson's Investors Club,
Stephen King in Montreal this past weekend to learn more about the club.
MARK CIPOLLONI: I'm here today in
Montréal, Canada, with Stephen King, head of the Justin Wilson's
Investors Club, is that correct?
STEPHEN KING: I organize it, yes, that's right. The Investors Club was
set up after Justin Wilson plc came into existence. There are about 900
investors in Justin. It was felt that it would be good to have something
whereby people have a bit more involvement. The Investors Club is
separate to, but supported by the directors of Justin Wilson plc. My
role is to coordinate what goes on, to look after the website, and to
raise the investors tours for UK investors to come over to watch some of
the races in the U.S., Canada, et cetera.
Q. How did this come about? In America here, we don't see too much of
that kind of thing.
STEPHEN KING: It was a one-off of its time. Justin had the opportunity
in 2003 to go into Formula One. The only way he could do that was to
bring money into Minardi. Because it's very difficult to get
sponsorship, it was felt that Jonathan Palmer, who is Justin's manager,
felt the way to do that was through this novel scheme whereby Justin
sold shares in himself to the public. He raised £1.2 million,
approximately, most of which was used to fund the driving for Minardi.
He impressed quite well in his first season in Formula One to the point
that the last five races, he left Minardi and moved into Jaguar.
Unfortunately, Jaguar then got into a situation where they required a
pay driver, and the entry level for F1 drivers had gone up to such an
extent that Justin was priced out.
Justin then moved over here. He looked at his options. Champ Car was
obviously an option for him. He moved in with Mi-Jack Conquest for a
season. During the course of that, Carl Russo was keeping tabs on
Justin's performance, saw that he was good at what he did and would be
suitable for RuSPORT in its second year. So Justin went over to RuSPORT
in 2005, finished third in the championship points, and here he is this
year third place again.
Q. You mentioned there's 900 members in this club.
STEPHEN KING: Yes. When the scheme was set up, it was available to
anybody to subscribe. The minimum subscription was £500. Most people put
in either 500 or a thousand. Some people put in a lot more than that.
The vast majority are private individuals, but there are one or two who
have done it on a corporate basis.
Q. Why did these people get involved? What was their incentive?
STEPHEN KING: With very few exceptions, indeed, the motivation wasn't to
make money. There was a tax break in that it was under the enterprise
investment scheme, which means that you get about 20% of your
contribution offset against your tax liability. But most people did it
because they wanted to support a British driver. He'd won the F-3000
championship - only British driver to do that. He was having difficulty
trying to make it into F1. It gave people involvement. At the weekend
when they're watching whether it's Monaco or Nurburgring or something,
they can say, you know, I'm involved in this, I'm part of the story of
that driver and how come he's racing around that circuit.
Q. Are they mostly racing fans of some sort?
STEPHEN KING: I would say almost all are racing fans. There wouldn't be
anybody that came into it expecting to make money, and therefore they're
all doing it. It's a decision of the heart rather than the head to
invest that money.
Q. Interesting. Do they, as part of this Investors Club, get to
be inside the sport more? Do they get access to things?
STEPHEN KING: They get access because the Investors Club is recognized
by RuSPORT as being a legitimate organization, if you like, affiliated
to Justin. We're able through the kindness of RuSPORT to make places
available in hospitality. We book hotel accommodations for our people
through the same agent that deals with the team. So we can sort of fast
track investors in.
Q. I see.
STEPHEN KING: I think those that have come over, they just appreciate
how good Champ Car is compared to Formula One. You can get close to the
drivers, to the venue. Everyone is friendly.
Q. Can I ask, has there been any return at all on the investment yet?
Any money come back the other way?
STEPHEN KING: The way the scheme was set up in year
one the whole point of it was to spend that money on the F1 drive. It
was no surprise at the end of the first year there was no money there at
all. The way the scheme is set up, the shares have a life of 10 years
from the day of issue. What will happen is progressively, as Justin's
income accrues, shareholders will get up to £2 for each £1 they put in
and thereafter 10% of any surplus. For the first year, -the year ending
December 31st, '05, was the year the company first made a surplus. This
year it will do the same as well. Hopefully over the next two, three,
four years, there will be income accruing to the Justin Wilson plc which
can then be shared out to investors.
Q. Very interesting. So this was kind of like a -- this is a novel
concept even in Europe?
STEPHEN KING: It's a one-off. Nobody's ever done it before. It was tried
a year or so later by a man called Sam Hancock. His scheme didn't get
the minimum subscriptions, so he had to abandon it. As I said at the
outset, I think it was of its time. You couldn't get an F1 drive for
that sort of money. There's no way an individual could raise the funds
necessary to fund a drive.
Q. Very interesting. So if for some reason Justin doesn't earn enough
money in the 10 years to pay off all the investors?
STEPHEN KING: Such is life. And I think people will say -- even now,
there isn't a formal marketplace for the shares. It's not like you go to
the Stock Exchange and trade them. There are one or two people who
either they decided they want to move out of that and into something
else, and there are people who will buy up those residual shares. Again,
nobody's doing it to make money. At the end of it, if you paid £500 for
a part of that, you go 10 years, you don't get anything back, you can't
say you haven't had your money's worth because you've had that person
help that driver's career.
Q. When he announced he was going to come to Champ Car, does the
Investors Club have -- did they ask for their opinion on it? Any say in
where he races?
STEPHEN KING: No. The Investors Club is something that is automatically
available at no cost to people who are investors. It's just a way of
communicating with them, to enable them to get a bit more involvement.
But they don't have any authority over what Justin does. Justin
obviously is very mindful of his investors and he's interested in what
they have to say, and he appreciates the fact that investors are behind
him. And he would not be in this position had he not had that
investment, so he's very committed to the Investors Club and the
individuals as well.
Each year we have an annual general meeting, a formal meeting, which is
at Brands Hatch, which is a venue -- one of the venues Jonathan owns.
Justin comes along and once the formal business of the meeting is over,
there's socializing. We can all take our own private cars around the
track. It's all good fun.
Q. Are all the investors British?
STEPHEN KING: The vast majority are because Justin is British, and
therefore it was British investors. But there are a couple this side of
the Atlantic, there's some in Australia, there's one in New Zealand. So
it is international, but the vast majority are UK based.
Q. There's some rumors about a possible race or two in Europe next year
with Champ Car. Give the investors something to come out for that?
STEPHEN KING: There have always been rumors. The Investors Club, of
course, would love it because it would be a home race and it's quite a
trek to come across the Atlantic as many times a season as I've been
doing. But I think the realities are the series has to make it viable
and you probably need to have back-to-back races to do that. Whether
it's going to happen or not, I don't know. But, yes, it would definitely
be nice from an investor's point of view.
Q. Very interesting. I appreciate the time you've taken for our readers
to tell us what this is all about, how it all came about. I hope you
eventually make return on your own investment. If not, hopefully you
enjoy the opportunity, the experience.
STEPHEN KING: We hope we do. If anyone wants to look at
www.JWIC.co.uk, the Investor Club's
website. There is a shareholders area that you do need membership access
for. But a lot of it is available to the general public to have a look
at. Of course, there's Justin's own
website, too.
Q. Very good. Thank you very much.
STEPHEN KING: You're welcome.
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Portland Pirates players to take college course on healthy cooking
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The goal is to improve the nutritional intake of the Pirates players while giving the younger players experience in cooking for themselves.


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