The Adopt-a-Stream students from McIntosh High School and students from Sandy Creek High School’s Key Club combined one sunny Saturday morning recently and collected 700 pounds of trash along the course of Line Creek in western Fayette County.
The 65 volunteers were part of a Rivers Alive cleanup event sponsored by the Fayette County Environmental Management Department and the town of Tyrone. Rivers Alive is an annual volunteer waterway cleanup that targets all waterways in Georgia. This group picked up trash and debris along Line Creek.
A new ordinance designed to heavily restrict sexually-oriented businesses which might seek to locate in unincorporated Fayette County has drawn pushback from some residents who are concerned such businesses might come near their neighborhood.
The matter was the topic of several citizens addressing the county commission Nov. 14 including a group of a dozen members of Liberty Baptist Church as well as representatives from the North Fayette Community Association.
Days after being granted omnipotent "decree" powers, and a week after the Venezuelan president wielded his mighty Marxist sword and jailed 100s of "bourgeois, barbaric, capitalist parasites"; Maduro has unveiled his latest "keep the masses happy" trick…
*VENEZUELA TO SPEND $100M ON SAMSUNG IMPORTS: RAMIREZ
*VENEZUELA TO IMPORT 400,000 SAMSUNG PRODUCTS, RAMIREZ SAYS
Why didn't AAPL get the nod? As Maduro explained yesterday, 15-30% margins are "enough"… Of course, the US is disappointed in the decision to grant Maduro "decree power" – perhaps as they didn't think of it sooner (though they do have the Obamaphone?).
Via Bloomberg (from Venezuelan State TV):
Venezuela to pay $100m in cash for Samsung product imports, Ramirez says
Samsung products to arrive before Christmas, Ramirez says
Days after being granted omnipotent "decree" powers, and a week after the Venezuelan president wielded his mighty Marxist sword and jailed 100s of "bourgeois, barbaric, capitalist parasites"; Maduro has unveiled his latest "keep the masses happy" trick…
*VENEZUELA TO SPEND $100M ON SAMSUNG IMPORTS: RAMIREZ
*VENEZUELA TO IMPORT 400,000 SAMSUNG PRODUCTS, RAMIREZ SAYS
Why didn't AAPL get the nod? As Maduro explained yesterday, 15-30% margins are "enough"… Of course, the US is disappointed in the decision to grant Maduro "decree power" – perhaps as they didn't think of it sooner (though they do have the Obamaphone?).
Via Bloomberg (from Venezuelan State TV):
Venezuela to pay $100m in cash for Samsung product imports, Ramirez says
Samsung products to arrive before Christmas, Ramirez says
A spokesman from the
Organization for the Prohibition of Chemical Weapons (OPCW) has
said that Syria’s chemical weapons could be destroyed at sea rather
than on land.
OPCW spokesman Christian Chartier said the alternative of
destruction at sea, on a boat or floating rig, is a “feasible”
possibility.
Chartier told The Associated Press, “All options are on the
table.” No further details have been released.
Among mobile systems that could be put on a ship and sent to sea
is one owned by the U.S. Defense Department. The Field Deployable
Hydrolysis System is a transportable neutralization system that
uses water, other chemicals and heat to change chemical warfare
material into compounds not usable as weapons.
The news comes after authorities in
Albania,
Norway, and
Belgium declined to have their country host the destruction of
Syria’s chemical weapons.
Although destroying the weapons at sea has numerous advantages,
chemical weapons disarmament consultant Ralf Trapp told the AP that
there are, unsurprisingly, potential regulatory, environmental, and
logistic issues that would need to be addressed:
Trapp told the AP that using a sea-based facility would have
numerous advantages, including the ability to position it far from
populated areas.
But he said there were many problems to be addressed beforehand,
including restrictions in the U.N. Convention on the Law of Sea
intended to protect the marine environment, and how to transport
the highly toxic cargo so it presents a minimal risk for sailors,
other maritime traffic and the oceans in general.
A spokesman from the
Organization for the Prohibition of Chemical Weapons (OPCW) has
said that Syria’s chemical weapons could be destroyed at sea rather
than on land.
OPCW spokesman Christian Chartier said the alternative of
destruction at sea, on a boat or floating rig, is a “feasible”
possibility.
Chartier told The Associated Press, “All options are on the
table.” No further details have been released.
Among mobile systems that could be put on a ship and sent to sea
is one owned by the U.S. Defense Department. The Field Deployable
Hydrolysis System is a transportable neutralization system that
uses water, other chemicals and heat to change chemical warfare
material into compounds not usable as weapons.
The news comes after authorities in
Albania,
Norway, and
Belgium declined to have their country host the destruction of
Syria’s chemical weapons.
Although destroying the weapons at sea has numerous advantages,
chemical weapons disarmament consultant Ralf Trapp told the AP that
there are, unsurprisingly, potential regulatory, environmental, and
logistic issues that would need to be addressed:
Trapp told the AP that using a sea-based facility would have
numerous advantages, including the ability to position it far from
populated areas.
But he said there were many problems to be addressed beforehand,
including restrictions in the U.N. Convention on the Law of Sea
intended to protect the marine environment, and how to transport
the highly toxic cargo so it presents a minimal risk for sailors,
other maritime traffic and the oceans in general.
Runoff election pits Councilwoman Fleisch vs. former mayor Logsdon
Advance voting has begun for the runoff election to determine who Peachtree City’s mayor will be for the next four years.
Voters who have made up their minds may cast their ballot Wednesday through Friday of this week and Monday through Wednesday of next week by dropping by the Peachtree City Library between 8 a.m. and 5 p.m.
If you can’t “early vote” by Wednesday, Nov. 27, you’ll have to wait until election day on Tuesday, Dec. 3 and head to your regular polling place between 7 a.m. and 7 p.m.
PTC taxpayers on the hook for $61,000 in latest case
A new accounting of the cost of settling a sex and disability discrimination case against Peachtree City officials and police chief H.C. “Skip” Clark shows that Peachtree City taxpayers paid $60,905 directly to defend and ultimately settle the case.
John Fichthorn and his $500MM Dialectic Capital hedge fund may not be household names, but in a time when “fighting the Fed”, i.e. trading on fundamentals and not on the Fed’s balance sheet, is heresy, John may be the biggest bear around, maybe even bigger than Faber. He revealed as much in an interview earlier when he said that the current trading environment may be the shorting opportunity of a lifetime. To wit: “we think the [shorting] opportunity with any kind of reasonable timeframe now is really the best we’ve seen since starting our firm ten years ago, and really since i’ve been doing this since 1995, and i was a short seller in the middle of the internet bubble, and in many ways, this is more compelling because it makes less sense.“
Fichthorn notes the obvious that “easy money drives bubbles, but here you have a bubble that is largely driven without fundamentals in certain areas, and so, you have this crazy bifurcated market where you have incredibly cheap stocks and incredibly expensive stocks, really inside the same sector. And when this easy-money period ends, and maybe even before, as we see the fundamentals starting soften, you’ll have the opportunity to make a lot of money on the short side…seeing the lack of momentum is a sign that, you know, the ship is starting to waiver.”
Some of Fichthorn’s favorite sectors to short: 3D printers and solars: “this is a bubble that’s happened three times in the past. This isn’t the first time you’ve seen a 3D printing bubble. The industry has been around for 20 years…. We think the chinese solar companies and even some of the other ones are bigger shorts, although first solar will have its day of reckoning, as well. But the Chinese solar stocks, and the whole group, is up 300% this year. You know, this is a bubble that also, like 3D printing, has burst in the past. it blew up in 2011. And today, capacity is in the 60 gigawatt range and demand is below 40 gigawatts. You can’t have a supply/demand imbalance like that and make any money and so, ultimately, the stocks will do exactly what they did in 2011, and they’re going to correct again.”
He is right, of course. The only problem is that many other shorts have been right positionally, but were off by a month, or a year, and ended up blowing up. And in the new normal, in which shorting a stock, an industry or a market is also betting against the insanity of a few delusional academics with a money printer, the odds have never been higher.
At the end of the day, however, only one thing matters for people like John and his peers: the P&L at the end of the day, the month and the year. We wish him the best of luck.
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/knrtqSUJZE8/story01.htm Tyler Durden
A spokesman from the