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Lafarge Zambia Plc (LACZ.zm) 2017 Abridged Report

first_imgLafarge Zambia Plc (LACZ.zm) listed on the Lusaka Securities Exchange under the Building & Associated sector has released it’s 2017 abridged results.For more information about Lafarge Zambia Plc (LACZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Lafarge Zambia Plc (LACZ.zm) company page on AfricanFinancials.Document: Lafarge Zambia Plc (LACZ.zm)  2017 abridged results.Company ProfileLafarge Zambia manufactures and sells cement and aggregate products for the local building and construction industry in Zambia and for international export. Well-known brands in its product portfolio include: Mphamvu, a Portland limestone cement; Powerplus for heavy industrial construction, Supaset for making cement blocks, RoadCem to road construction, Powercrete for applications in the mining industry, and Wallcrete for masonry projects such as bricklaying, plasterwork and floor screeding. Aggregates produced by Lafarge Zambia are used in building projects, heavy construction, road construction, mining, and the production of concrete products. The company also produce a ready-mix concrete product, and supplies products used in rail and road infrastructure. Lafarge Zambia has 2 fully-integrated cement plants based in Ndola and Lusaka, with a total production capacity of 1.4 million tons per annum. Lafarge Zambia exports cement products to Tanzania, Burundi, Democratic Republic of Congo, Malawi, Namibia and Zimbabwe. Lafarge Zambia Plc is listed on the Lusaka Stock Exchangelast_img read more

How I plan to invest like Terry Smith and Nick Train in 2021

first_img Image source Edward Sheldon owns shares in Apple, Alphabet, Diageo, Unilever, Microsoft, and PayPal and also has positions in Fundsmith Equity and Lindsell Train Global Equity. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Alphabet (C shares), Apple, Microsoft, PayPal Holdings, and Walt Disney. The Motley Fool UK has recommended Diageo, Novo Nordisk, and Unilever and recommends the following options: short January 2021 $135 calls on Walt Disney, long January 2021 $60 calls on Walt Disney, and long January 2022 $75 calls on PayPal Holdings. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Edward Sheldon, CFA | Sunday, 27th December, 2020 See all posts by Edward Sheldon, CFA Speaking of investing globally… Terry Smith and Nick Train are two of the UK’s best portfolio managers. Over the last five years, their respective global equity funds, Fundsmith Equity and Lindsell Train Global Equity, have both returned nearly 20% per year for investors.What’s fascinating about these two fund managers is they both employ very straightforward approaches to investing. It’s nothing that the average investor cannot replicate. With that in mind, here’s a look at how I plan to invest like Smith and Train next year.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Terry Smith and Nick Train focus on their best ideasThe first thing to note about Smith and Train is they take a ‘high-conviction’ approach to investing. Instead of owning hundreds of different stocks like some portfolio managers do, they only hold around 30 stocks each. In other words, they’re focused on their best ideas. I think this is a smart strategy. Personally, I own just over 40 stocks. Next year, I plan to reduce the number of stocks I hold slightly to focus more on my best ideas.Big bets on top stocksWhile Smith and Train each hold around 30 stocks, they don’t hold them in equal weights. Instead, they allocate more weight to the stocks they’re most bullish on. Smith, for example, has a large position in Microsoft. It’s currently about 7% of his portfolio.Train, meanwhile, likes Unilever and Diageo. These two stocks represent about 16% of his portfolio. This is an approach I pursue as well. My top holdings going into 2021 include Apple (6% of my portfolio), Alphabet (6%), and Diageo (5%).A focus on qualitySmith and Train also invest with a strong focus on ‘quality.’ Instead of buying cheap stocks, they look for companies with strong and sustainable earnings, high levels of profitability, and strong balance sheets.It’s a similar approach to that of billionaire investor Warren Buffett. I think this is a great approach to investing and I’ve been focusing more on quality stocks in recent years. The results have been excellent. These kinds of stocks tend to deliver strong long-term returns while also protecting investors during periods of market volatility.Powerful trendsIt’s worth pointing out that many of the companies Smith and Train invest in are benefitting from dominant structural trends. PayPal, for example, which both fund managers own, is benefitting from the shift to digital payments. Diageo, another stock they both own, is benefitting from the global ‘premiumisation’ trend. I plan to focus my portfolio more on powerful trends in 2021.The world’s best companiesFinally, one of the keys to success for Smith and Train is that they invest globally. While both own a handful of UK shares, they don’t restrict themselves to the domestic stock market. This opens a whole new world of attractive investment opportunities.Some examples of top international companies found in their portfolios include make-up powerhouse Estée Lauder, diabetes specialist Novo Nordisk, entertainment company Walt Disney, and beverages champion PepsiCo.I’ve been making my own portfolio more global over the last few years and the results have been fantastic. While the FTSE 100 has struggled, I’ve made big gains from the likes of Apple, Alphabet, Microsoft, and PayPal. In 2021, I’ll continue to invest with a global focus, in the same way Smith and Train do. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. How I plan to invest like Terry Smith and Nick Train in 2021last_img read more

South Carolinians affirm decision to leave Episcopal Church

first_img Micheal Link says: November 17, 2012 at 7:30 pm When Bp. Lawrence was consecrated, he affirmed his allegiance to TEC. Remember, his first election was nullified and he was re-elected. I wrote to my Bishop (NC) asking him to not confirm his election, but he received enough confirmations from around the country. I even had an e-mail correspondence with Lawrence, and he said at that time that he would be ordained as a Bishop in TEC. I knew he was not being truthful then, and here is the result I knew would happen. It sure has been an ego trip for him. I feel sorry for those members of the Diocese who do not support him and have to go through this. There are many court cases where the property rights of TEC have been affirmed, so it will be interesting to see how this plays out. November 17, 2012 at 8:09 pm It is unforunate that our church does not seek to reconcile rather than depose and kick out those who disagree. There seems to be a lot of legal stuff on both sides. When one relies on law, they have already lost whatever authority they had. As one who has been active in ecumenism, it seems it would be more loving to let this faithful diocese go with our blessings, leaving the possibility that they would come back. Taking the churches of South Carolina to court and waste tons of money from mission is wrong as mission will suffer on both sides. St. Paul knew what he was talking about when he opposed taking each other to court. Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Sarah Hey says: Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Comments (114) Youth Minister Lorton, VA Tod Roulette says: November 19, 2012 at 8:58 am How about citing a portion of Scriptue where I/we have changed the “plain meaning” and perhaps we can talk. You are ordained. I presume you were seminary trained and took Greek and Hebrew. Can you honestly tell me that we have not gained a more accurate understanding of passages over the years as we leaned more about those languages?Time and again we are told that our direction is to love God and love our neighbor. No place are exceptions provided. Yet we have continually tried to sort out who we should love and who we should not love. That is really God’s job not ours. As a church we are to gather, not to sort.We do not change the plain meaning when we insist that passages of Scripture be viewed in the context of both their time and place of writing AND the larger narrative of which all are a part. Scripture ceases to have meaning when it is chopped up and used as one liners for any purpose.As I have stated before, I will always make room at the table for anyone whether I agree with them or not. I will make room for Lawrence, Allison, Harmon, you and Sarah. But the reciprocal of that is rarely the case. I dont have all the answers, but you folks seem to think you do. Well God bless you for it. Neither of us will know for sure until we stand before God. I doubt I will be asked a single question about my sex life or who I loved. God already knows that. I will be asked if I fed the hungry, watered the thirsty, clothed the naked, housed the homeless, visited the sick and imprisoned. That my brother is true orthodoxy. Open your eyes and your heart and your head to worship the Lord. Make room for the work of the Holy Spirit. She might surprise you. She surprises me all the time. Cathedral Dean Boise, ID Comments are closed. Bishop Andrew Gerales Gentry says: November 18, 2012 at 8:58 am Thanks for pointing out the salient issues here, Bruce. It was obviously Lawrence’s plan to lead SC out of the Episcopal Church and he never intended to keep his pledge of fealty to the national church. Having seen their influence dwindle on several fronts, “the white boys,” as you called them, have now chosen to be led by Lawrence’s monstrous ego. The day on which he styles himself “archbishop” cannot be far off. Nevertheless, let them go in peace, but NOT with church property. The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group November 17, 2012 at 8:20 pm “tin building meeting places”?The Dennis Canon doesn’t apply in South Carolina. Those parishes who choose to stay in the Diocese of South Carolina rather than the new organization established by TEC will retain their property and endowments under South Carolina law.Because Dr. Schori and TEC have refused to support any procedure that allows parishes to withdraw from TEC decently and in order (as the Lutherans and Presbyterians do), they have sown the wind and are now reaping the whirlwind. Submit a Job Listing Family Ministry Coordinator Baton Rouge, LA November 17, 2012 at 7:39 pm Mark Lawrence’s statements and actions reveal his narcissism.He has set himself up as a cult leader. Will his South Carolina followers drink his laced Kool-Aid? Curate Diocese of Nebraska Bruce Garner says: Rector/Priest in Charge (PT) Lisbon, ME Fr. George Stamm says: Rector Belleville, IL November 17, 2012 at 6:19 pm So when do we go to court? Assistant/Associate Rector Washington, DC Robert H. Crewdson says: Director of Music Morristown, NJ Chris Harwood says: In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Bruce Garner says: November 17, 2012 at 8:18 pm I wouldn’t be too sure Courts of the Sovereign State of South Carolina will give complete deference to the hierarchy of “The Episcopal Church”. Its “Denis Canon” postdates most of the parishes of the diocese and South Carolina has tended to use not deference to hierarch but ordinary and neutral trust and contract law in ajudication of these such matters. November 17, 2012 at 7:48 pm Chuck the entire Diocese has left. All properties are held in trust to the Diocese, which if I am not mistaken the South Carolina Supreme Court actually already threw out the Denis Canon. Bishop Lawrence has said that any parish that wishes to leave can do so. Property and all. Very Christian of him. It would be nice to see the same Christian charity from the PB. November 17, 2012 at 7:20 pm South Carolina was the first to secede from the union, they started the Civil War, and now the genes of rebellion have once again bore fruit, be it rotten fruit!May our Lord Jesus be with all Episcopalians in this geographic area of coastal South Carolina!Even their “bishop!’ Donald Hill says: November 18, 2012 at 6:14 am I have found salvation Michael and I am saved. And it is not racist for one old white dude to call out other old white dudes for focusing on their own personal power rather than on the power of the Gospel. THis is not the first time we have seen this. Look only to the former bishops of Pittsburg, Fort Worth, Quincy, San Juaquin for a similar pattern. Those guys led by fear and intimidation and by tightly controlling information that was shared with the people of the dioceses. I have listened to the stories told directly from those who were in the dioceses. The Gospel has not been part of their plans. Power and control always was. Michael Raczynski says: Fr. Will McQueen says: November 20, 2012 at 9:56 am I believe the ancient languages have referred to the Holy Spirit in the feminine. If you think I’m “chopping up” Scripture, what is your explanation of the language of Genesis where it tells us that God created both male and female in God’s image? If both genders are created in the image of God, it is a reasonable assumption that there is a feminine side of God. My hunch is that any feminine references to God have been conveniently culled out of Scripture over the years by a male dominated church and its institutions. As far as Romans is concerned, keep it in the context of the entire narrative. Paul is speaking to a particular church about issues that impact them. He also tells what we call “straight” people not to engage in homosexual behaviour because it is against their nature as straight people. Nothing is said about a homosexual person engaging in what is natural behaviour for them. The New Testament references used against LGBT people are all part of larger narratives and usually part of lists of things that are abusive, coercive or exploitive of others. THat is the sin. Picking out the “anit-gay parts” lacks integrity. They do not stand alone but as parts of a broader story. The point Jesus continually drove home was the need for right relationship with God and each other. His examples of what we were not to do always involved some form of coercion, exploitation or abuse. None of them represented loving, stable, mutual relationships. Keep in mind also that 2,000 years ago, we did not know what we know now about human psychology and sexuality. Being left handed was a sin then….we certainly don’t think so now. November 18, 2012 at 11:28 pm No Michael, these folks did not pay for these buildings. Many are a century or two old and were paid for by Episcopalians who would not likely approve of this. They, like many or most of us, pledged funds for the benefit of all, including the future. When we give gifts they are just that, gifts. If we leave, they stay. No matter what becomes of my parish or diocese, the gifts I have given will remain with them. I have no right to leave and try and take them with me. Otherwise they are not gifts. November 17, 2012 at 9:53 pm All the clergy who are trying to argue your point that ALL of TEC is wrong and Mark Lawrence is the ONLY one that is right—-you sound like you are more concerned with the idolization of Mark Lawrence. By the way your use of the term “traditionalists” is a nice way of saying backwards bigots. That’s the same argument that was tried and failed in every attempt to move the church to the forefront of human rights in history for over 100 years. Slavery, women’s rights, civil liberties….at every advancement of human kind, certain people have resisted progress and cited Bible verses to promote continued hatred, servitude and segregation. Why aren’t you outraged at people wearing garments of 2 different cloths? Burning adulterers at the stake? Beating your children? Kicking all those heathens out of the church who shave and cut their hair? Why are you not “enforcing” every law outlined in the Bible anywhere? Are you going to take all your ‘Episcopal Church Welcomes You’ signs down now? Since, you know, you don’t really welcome everyone? By the way, What WOULD Jesus do? The Gospel of Jesus Christ is LOVE….plain and simple Fr. McQueen and God blesses me with Mercy and Grace daily which I share with everyone, not just the ones that I decide are “Good Enough” Rector and Chaplain Eugene, OR November 17, 2012 at 10:11 pm Ugh, no, we’re not idolizing Bp. Lawrence. We simply choose to stand with Scripture, 2,000 years of church teaching, over 1,000,000,000 Catholics, 300,000,000 Orthodox, Protestants, and all who hold to the catholic teaching. Yep, make this a “civil rights issue,” and you simply attempt to cutoff any discussion or debate. You’re right Ms. Alford, God is love. He loves us so much he doesn’t want us to remain in sin, turn, amend our lives and follow Him. It’s most unfortunate that a group of folks choose not to turn and amend their lives, abandon their sinful behaviour and seek God’s forgiveness and mercy. Lionel Deimel says: By Sarah Moïse YoungPosted Nov 17, 2012 November 17, 2012 at 9:16 pm They’ve already built and paid for those buildings once. So glad to know that you’re more worried about the property than the Gospel of Jesus Christ. May God have mercy on your soul. Rector Bath, NC Curate (Associate & Priest-in-Charge) Traverse City, MI November 17, 2012 at 6:41 pm Forty years ago last Sept 9th, I was ordained as priest at Holy Comforter Church in Sumter, SC. I am saddened, and hurt that the first diocese I served in has chosen to leave the Episacopal Church. My prayers are with those in SC who still feel a part of The Episcopal Church as they struggle with the strangeness of the situation. My prayers are with my friends there who find themselves on either side of this controversy. I know God is watching after all in the diocese, and I thank God for my time there and all I have been given by the people there. Blessings to all of you. November 17, 2012 at 6:52 pm Did anyone expect any differently from the bishop Lawrence?I anticipated this move before his first failed election that did not comply with canonical affirmations in the proper amount of time.I wonder what those 20+ congregations not represented at the convention are thinking and planning do do? Did all the congregations pass or afirn those resolution? Let us pray for the faithful Remnant in each place And those who are spiritually homeless. Families and relationships will be torn apart. Miserere nobis. Robert Hansel says: November 17, 2012 at 9:02 pm In NONE of the half dozen other dioceses (SC law notwithstanding) where a similar renegade action was mounted to leave the Episcopal Church has the property ever been alienated from TEC ownership. It’s just too bad so much time and money will have to be spent in litigation to arrive at exactly the same decision. Mark Lawrence is leading a Pied Piper movement and I am very sorry for all those whom he has duped. November 17, 2012 at 9:58 pm I think Fr.McQueen misses the point that there are those of us who invested over a lifetime in the support of our church and don’t appreciate it being taken away from those of us who DID help pay for and support them but do NOT wish to leave The Episcopal to follow Bp. Lawrence’s intractible interpretation of scripture. November 17, 2012 at 7:58 pm I’m sad for Jesus but can’t muster an ounce of anything other than bone deep weariness for those whose penchant for polarization has finally wrought the division they’ve been orchestrating for lo these many years. Enough already! (And now back to my sermon for tomorrow — where we’ll be welcoming 49 new members and baptizing four of them. Onward and upward.) Don Greenwood says: November 17, 2012 at 8:15 pm They “no longer control the world or the church” – neither does TEC. God is in control.God will hold both Dr. Schori and the Diocese of South Carolina accountable for their actions. Those who humbly obey the explicit words of Scripture, rather than the wooing of a sinful secular society, are the only ones in the position to plead for the intercession of Christ for sin. Canon for Family Ministry Jackson, MS November 17, 2012 at 7:24 pm God bless the leaders and clergy and laity of the diocese of South Carolina — no longer a part of TEC. I’m thrilled for them, even as I happily remain within TEC.RE: “The group that has separated itself will begin to dwindle as away by refusing to face the reality that they are irrelevant to a world and a broader church that is more culturally diverse than ever.”A laughably clueless statement considering the radical, plummeting decline by The Episcopal Church over the past dreadful ten years, and the growth of the Diocese of South Carolina over the same period. But . . . I suppose hope for their decline springs eternal for revisionist activists like Bruce Garner.RE: “I wonder when contributions to the Church Pension Fund will end? Do they realize the impact of that?”[gasp] Oh no! You mean . . . they might miss out on the Church Pension Fund contributions? Why — how dreadful! Surely they’ll reverse their decision to defend their diocese against the national church’s strike against their bishop and vote to return to the rank heresy and corruption of the leaders of our organization. I mean . . . if contributions to the Church Pension Fund won’t draw them, what will!Sarah Hey, an Episcopalian November 17, 2012 at 9:53 pm Awesome and congratulations on your parishes growth. When you stand in the pulpit tomorrow take a moment to look out at the congregation and ask yourself this: If the overwhelming majority of my congregation decided that they wished to walk apart from the national church would you seek to expel them from the buildings they have built and sustained or would you seek a way to allow them to keep their home? When you can answer this question your weariness will end and you can continue to build your parish in peace. November 18, 2012 at 6:10 am So Sarah, to what do you attribute the same decline in every other denomination? Even the church of Rome would have fewer numbers were it not for immigration. The Southern Baptists have even realized what they are selling is not being bought. The Gospel is not for sale. Nor is the Gospel exclusionary. Read closely and you will see that Jesus did not create categories, nor did He aim His ministry at the well off. He ministered to the marginalized, outcast and the fringes of society……hardly where we are is it? It’s not revisionist to read what has been and follow it. And by the way, we were charged with taking the Light of Jesus Christ into the world. If that isn’t a call to “activism” I don’t know what is.What you have yet to comprehend Sarah is that the folks under a certain age will not sign on to a faith community that is so hypocritical as most have become. They understand the Gospel probably better than most in pews do. They will follow Jesus just not those who proclaim to do so and then denigrate the children of God in a myriad of ways. These are folks young enough to be my children and grandchildren. I pray we have the sense to bring them into the church. We haven’t been so successful yet. But then nether has anyone else. Even the mega-churches have them leaving through the back door as fast as they come in the front. Faith based on a personality, an individual, or a secular philosphy is nothing more than a cult. Faith based on our Risen Lord is the church. Bishop Diocesan Springfield, IL Bruce Garner says: November 17, 2012 at 6:13 pm Renegade members, take your beliefs NOT our stuff! Bruce Garner says: November 18, 2012 at 11:58 am It is racist and you ought to consider that it is not just the white bishop, but diocese’s Standing Committee, and by recent votes the overwhelming majority of the diocese who have affirmed their decisions. Are they all old white boys? I am betting not. Their parishioners are not some Jim Jones automatons, but come from all walks of life. They include professors, doctors, and many others who just happen to have the same theological outlook that has been taught for centuries. You may dismiss their actions by calling them names, but if the best you can do is call them white boys you have already lost your argument. November 19, 2012 at 7:41 pm Romans 1:26-27 as one example. I think the plain meaning is abundantly clear, and it should be taught accordingly. Glad you are so sure about what you’ll be asked at the great and terrible day of judgment. Oh, and nice reference to the Holy Spirit as she. I’ll stick to He since that’s how Jesus referred to the Spirit. You sir are the one chopping up Scrpture to suit your own selfish and arrogant purposes. Bruce Garner says: November 17, 2012 at 8:27 pm It would be far more loving to let the churches who want to leave go with our blessing with the hope that one day they will return. When we resort to law and canons, we have already lost what authority we might have had. Our church needs to be more involved in reconciliation and love than resorting to law. Fr/. Vincent C Scwhahn says: Debbie Walker says: Debbie Walker says: November 17, 2012 at 8:56 pm Well the Episcopal Church really looks bad when all is said and done that the matter comes down to money and property. If the the PB really believed in diversity of opinions and theologies would she not advocate for a more fair and just resolution of property issues and the like? As a non Episcopalian who is unabashedly liberal Because of the orthodoxy of the Gospel, Because of the Church Fathers and Because of Holy Tradition I would recommend that perhaps a bishop who claims Jesus is no more divine than anyone else should allow those who differ from her to leave in peace. Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Deacon Tom Williams says: Tags Bruce Garner says: Chuck Till says: David Yarbrough says: John Neir says: Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Ken Brannon says: Rector Tampa, FL John Neir says: South Carolina Bruce Garner says: The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit a Press Release November 17, 2012 at 10:15 pm Totally agree Rebecca Benjamin Uchytil says: Fr. Will McQueen says: [Episcopal News Service – Charleston, South Carolina] The majority of South Carolina Episcopalians who attended a special convention at St. Philip’s Church here Nov. 17 affirmed actions by Bishop Mark Lawrence and the diocesan Standing Committee a month ago to disaffiliate the diocese from the Episcopal Church.Those actions took place after Presiding Bishop Katharine Jefferts Schori restricted Lawrence’s ministry on Oct. 17 after the church’s Disciplinary Board for Bishops certified to her that he had abandoned the Episcopal Church “by an open renunciation of the discipline of the church.”On that same day, the Standing Committee announced that the action of the Disciplinary Board “triggered two pre-existing corporate resolutions of the diocese, which simultaneously disaffiliated the diocese from the Episcopal Church and called a special convention.”Jefferts Schori issued a pastoral letter Nov. 15 to Episcopalians in South Carolina offering prayers and support for those who wished to remain in the Episcopal Church.“The Episcopal Diocese of South Carolina continues to be a constituent part of The Episcopal Church, even if a number of its leaders have departed,” she noted. “If it becomes fully evident that those former leaders have, indeed, fully severed their ties with The Episcopal Church, new leaders will be elected and installed by action of a Diocesan Convention recognized by the wider Episcopal Church, in accordance with our Constitution and Canons.”Lawrence referred to the special convention as “the Valley of Decision” during his address and asserted, “It is time to turn the page.” He referred to attempts to prevent separation of the diocese, and his oft-mentioned issues of theology, morality and disagreement with church canons.“So be it…We have withdrawn from that church…We have moved on. With the Standing Committee’s resolution of disassociation, the fact is accomplished: legally and canonically,” he said.While the bishop referred to numerous letters of support from church leaders, he did not announce any open offers of affiliation with the Anglican Communion, and he confirmed that for now the separatist diocese will affiliate with no one. In a conference call following the convention, he confirmed that alignment is not on the table at present.However, during his address, he claimed that “for now and the foreseeable future, having withdrawn from our association with TEC, we remain an extra-provincial diocese within the larger Anglican Communion.”Such a designation requires action by the Anglican Consultative Council, which concluded a 12-day meeting in Auckland, New Zealand, on Nov. 7. No action on South Carolina was taken during that meeting and the council will not meet again until May 2016.Following his address, Lawrence called upon the convention to vote on three resolutions. The first resolution affirmed the actions of the bishop and the Standing Committee and stated “that we are no longer in any relationship with TEC, including union or association with in any capacity.” The resolution also had the convention declare that Lawrence is the diocese’s “rightful bishop.”“By stating this, we declare that as God has sent Bishop Lawrence to be our bishop, only he [God] has the authority to declare otherwise,” the resolution continued.The resolution also said the convention “repudiates actions of TEC purportedly taken against our bishop and declare null and void any claim by any member or representative of TEC to have any authority whatsoever over this diocese or any authority over God’s congregation at any of her parishes who willingly by their presence at this convention and their vote on this resolution so declare.”A second resolution amended the diocesan constitution, removing all mention of the Episcopal Church, including any reference to the “accession clause,” in which a diocese declares that it accedes to the Constitution and Canons of the Episcopal Church. That declaration is required in Article V, Section 1 of the church’s constitution.The diocesan convention had previously revised its constitution limiting the accession clause by saying it would accede to the Constitution and Canons of the Episcopal Church only they were not “inconsistent with or contradictory to” the diocesan constitution and canons.The resolution also removed any reference to the General Convention, making its only governing body the diocesan convention. The third resolution removed all references of the Episcopal Church from the diocesan canons.Forty-two parishes attended the special convention along with 12 missions, sending a total of 170 lay delegates. There are 78 congregations in the diocese.The first two resolutions were accepted by acclamation. The third resolution to change the church canons passed with a 90 percent majority on a roll call vote — including a vote by Lawrence. The vote on the resolution, which required a two-thirds majority to pass, included several abstentions.According to a fact sheet posted on the Episcopal Church’s website: “Dioceses cannot leave the Episcopal Church. While some clergy and individuals may choose to leave, congregations and property remain in the diocese to be used for the mission of the Episcopal Church.”Additional ENS coverage of the convention is planned.— Sarah Moïse Young is a freelance reporter based in Charleston, South Carolina. Associate Rector Columbus, GA Rector Albany, NY November 17, 2012 at 8:59 pm Yet another group wanting to pick up their marbles and leave. I well recall such groups on different issues over the past 5 decades. The issues are different civil rights, new prayerbook , ordination of women, etc. Our polity posits that we have a “franchise” agreement with the denomination. One of the agreements is that property does not belong merely to a congregation. It is held in trust for the larger church. You can leave but youCannot take the diocese with you. It is like a county in Indiana deciding they want to seceed and be part of Arizona. It just can’t happen – though everyone in the county can choose to move as an individual. Tom Rightmyer says: center_img November 17, 2012 at 9:06 pm Anybody is welcome to “leave in peace”—-just don’t try to take our property with you. If you want to have a church building of your own then raise the funds and build one. Rector (FT or PT) Indian River, MI Press Release Service Bruce Garner says: November 17, 2012 at 11:34 pm I think it could be argued that if you insist that parish property a priori belongs to the diocese and that the diocese belongs to the national church could it not also be argued that the national church belongs to the world wide Anglican Communion if not de jure certainly de facto not to mention by identity and ethos? If this is so then if a diocese or a parish votes to withdraw from the national church but NOT the Anglican Communion should it not be allowed to do so by placing itself with a different national body within the Communion.I also think if you are more concerned about property and the money it represents your values are to say the least ill placed and misdirected but assuming they are not is it not fair and just to recognize that it was the local folkes who paid for that property not the national body! Lastly I am still confused as to why the retention of property is so important to the PB if she in fact views Christianity as simply “one of many”. In such a broad view of fellowship would it strain credulity to allow those who differ from her to affirm what they believe in the houses of worship they bought and paid for rather than creating even more division and bitterness by hounding them for said possessions! Submit an Event Listing November 17, 2012 at 8:51 pm You cannot serve God and mammon. Glad to know what you think is most important Mr. Roulette. This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 November 17, 2012 at 7:53 pm Will ex TEC bishop Lawrence order all TEC Book of Common Prayers removed and replaced with his new approved versions ? Director of Administration & Finance Atlanta, GA November 17, 2012 at 7:32 pm This man knew from the get go that he was not going to remain with the TEC, yet he was consecrated, and during that service he affirmed his allegiance to TEC. So, has he kept those vows or not? November 17, 2012 at 6:52 pm I agree with Chuck Till. When I gave money to my Episcopal Church, I was not giving it o Mark Lawrence. What arrogance and ego to make everyone state, “By stating this, we declare that as God has sent Bishop Lawrence to be our bishop, only he [God] has the authority to declare otherwise,”. And who is speaking for God? Mark Lawrence? That statement is no different than any other cult leader in history. Scary that people are willing to so blindly follow a self imposed dictator. Wonder if he will make them call him “Dear Leader” and hang his picture up over the alters in their tin building meeting places? The Reverend Canon Susan Russell says: Rector Martinsville, VA November 17, 2012 at 6:26 pm and what would you call your stuff? Canon law in regard to parish property is an injustice. It is the parish that has the responsibility for the physical plant. The Lutherans have a more just polity, a parish leaves with the property. It is an anathema to accuse Bishop Lawrence of not keeping ordination vows. This a continuing travesty on the part of the national church. Deacon Tom Williams, Diocese of Central Florida Rebecca Alford says: Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Bonny Loring says: Susan Kearney says: Associate Priest for Pastoral Care New York, NY John Clemens says: Comments navigation Newer comments November 17, 2012 at 6:40 pm The real travesty is the sophomoric actions of a bunch of white boys who can’t handle the reality that they no longer control the world or the church. It’s time for them to grow up. The group that has separated itself will begin to dwindle as away by refusing to face the reality that they are irrelevant to a world and a broader church that is more culturally diverse than ever.I wonder when contributions to the Church Pension Fund will end? Do they realize the impact of that? And those who want nothing to do with any part of The Episcopal Church, will they decline to take a retirement pension? Time will tell of the strength of conviction. November 18, 2012 at 11:33 pm I’m sorry but you have not studied church history very well. We don’t follow over 2,000 years of unchanged teaching. Every generation has interpreted and worked out its own salvation within the broad bounds of what Jesus taught. Jesus taught right relationships yet he never discussed human sexuality in that concept other than to condemn any relationship, even a “marriage” that was abusive, coercive or exploitive. Such relationships are not of Jesus Christ. Most of our views about marital relationships did not come from our fatih but from the legalities associated with passing property on to legitimate heirs. Marriage essentially insured that property would pass only to legitimate heirs…..begging the question of why it was needed except to respond to the inability of men….mostly those of wealth….to keep their zippers zipped. Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Fr. Will McQueen says: November 17, 2012 at 8:08 pm Many of the above comments show how unchristian those folks are who have been opposed to Bp. Lawrence and the traditionalists really are. By their fruits you will know them.Bp. Lawrence has already told those who disagree they may go with their property. The reverse would never be true if the tables were turned.May God bless Bp. Lawrence and the orthodox faithful in South Carolina. Fr. Richard John Neuhaus’ words are coming true, “when orthodoxy becomes optional, it will soon become proscribed.” Robert G. Harp PhD says: November 17, 2012 at 9:57 pm Chuck, more just to the people who built and maintained the churches in the first place maybe? 815 didn’t pay a dime for those buildings, so why should they own them? They’ve already built/ kept them the first time.One more point on the Lutheran version where the parishes have the property, vitriol was there, but much less than TEC and it calmed sooner, allowing the churches to rebuild. And some more conservative churches stayed, hoping to work it out, but secure that the bishop couldn’t kick them out in the future. The nastiest fights were the few congregations where the diocese owned the building( by building or signing the loan itself, not the parish), making winner-take-all the rule-like TEC. This fight also gives TEC a black eye in the general public here. There are 10 times the Lutherans here to Episcopalians and after watching the Lutherans split more peacefully, many here consider the Episcopalian version a mean greedy feudal land grab by the New York lords of the manor.Are all you willing to pay for those buildings when they’re empty? Several dioceses in Canada are giving large donations to BC trying to keep St. John’s open after it’s large congregation left. How many thousands are you willing to give to keep these for just a few people? November 17, 2012 at 7:48 pm I was ordained in 1966 and Pension Fund assessments were paid by congregations and church agencies until I retired in 2002 and began to draw my pension. Those assessments were part of my deferred compensation for ministry. I earned my pension. I remain a priest of the Episcopal Church and plan to continue to do so. Clergy who have left the Episcopal Church remain entitled by law to the deferred compensation provded by the Church Pension Fund. It will take some time to re-organize a Diocese and depose the clergy of the “extra-provincial” diocese. The Presiding Bishop’s letter assures these clergy that Pension Fund assessments may be paid for these clergy until they are deposed. I think Bruce Garner’s comment above is tacky. November 18, 2012 at 12:23 pm This is where the TEC has truncated the message of Christ. Episcopal Church Welcomes You was always just part of the message. The forgotten part is that everyone is welcome, but they are welcome to come and transform. Today’s TEC says everyone is welcome and it will change to accomodate your beliefs. The Gospel of Jesus is LOVE, but it is also a LOVE that forgives us our sins. In the TEC there no longer is sin, no need for forgiveness, and no reason to transform oneself. November 18, 2012 at 9:05 pm If being concerned about property and money is ill placed and misdirected, then why are Lawrence & Co. taking it with them? Why did they go through the quitclaim deed charade, if not to take the property for themselves? Rebecca Alford says: Priest-in-Charge Lebanon, OH Bishop Andrew Gerales Gentry says: Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Michael Raczynski says: Rector Knoxville, TN TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Bruce Garner says: November 18, 2012 at 11:23 pm Michael, I have no idea where you live, but I am guessing you don’t have a lot of experience with South Carolina or any of the “southern” states. I’m a native Georgian and have lived here all my life and descend from a long line of rednecks and white trash. They are my family and I love them even though they remain racist old white men! Let me add to this something I posted elsewhere that explains my connections with the Diocese of SC. After you read it you might understand my position better. That diocese, like the others who tried to leave had become a haven of misinformation, controlled information and lack of information. Free exchange of thoughts and ideas was not encouraged. THere are some very loyal Episcopalians there who fought hard not to have this happen. Lawrence and the ones who support him are only interested in control. After you read the following, I would gladly engage in further discussion with you.This will be an unusually long post….but I think it needs to be said.I have been listening, reading, hearing, reading, marking, learning and inwardly digesting the situation in South Carolina since 1991. That is when I began serving on the now defunct Standing Commission on Human Affairs of The Episcopal Church. The appointees to that commission for the triennium included the Rt. Rev’d Ed Salmon, then bishop of South Carolina, the Rev’d Gay Jennings a priest in Ohio at the time if I recall correctly, the Rev’d Reynolds Cheney, rector of the Church of the Holy Communion in Memphis, TN, Howard Anderson, a lay person in Minnesota at the time, the Rt. Rev’d Fred Borsch, bishop of Los Angeles at the time, and several other folks.One of the disturbing things about the diocese at the time was its entrenchment in the fantasy that we had received our faith unchanged from the saints and apostles. That attitude was reflected in the rarity of women clergy and the rarity of clergy of color and certainly the absence of any visible LGBT clergy. The Rev’d Kendall Harmon was one of the driving forces behind such thinking, having been urged to follow such a path by the previous bishop, Fitz Allison. In retrospect and meaning no disrespect for Ed Salmon, I don’t think Ed had a clue as to how to reign in much less exercise any control over Kendall. And for what it is worth, Ed and I have always enjoyed a very cordial relationship regardless of whether or not we disagreed over church issues. He and Reynolds and I were all raised in the south with all the baggage that carries and we all loved good cooking and fine wine!Having shared the above, let me now state what I see based on my personal perspective as the real issue(s) in the Diocese of South Carolina, i.e., the one trying to defect.I listened to the audio of Presiding Bishop Katharine’s first visit to that diocese and meeting with Mark Lawrence and what I presume to be a goodly number of the clergy of the diocese. I was absolutely appalled at how those men….all I heard were male voices…dared to treat a woman AND a guest in their diocese. Now I was raised by parents who demanded that I respect guests and women whether guests or not. If I had spoken in the tone those guys used, my mother would have, as we say “gone upside my head” in short order and reminded me I was raised to have better manners and exhibit more respect than that.What was clear then and what is more clear now, especially having seen the pastoral letter from Bishop Lawrence is that none of the “identified” issues are the true issues. The true issues stem from the fact that a group of white men simply cannot grasp the concept that white guys do not run everything anymore. They cannot grasp the concept that women can be ordained to all orders of ministry. I see serious lack of visible support for people of color in leadership roles. And I certainly see nothing that would indicate that LGBT folks have a place in the diocese at any level. I’m and old white guy and I can say these things from experience and observation. The major difference between those guys and me is that I have seriously broadened my horizons and outlook on the church and the world and they have not. The language I hear reminds me of Fort Sumter in the early 1860’s.The pastoral shows only one female name of an active clergy person and that is of a deacon. Otherwise all the names are men….at least as best I can determine. We southerners do sometimes provide generic names that don’t seem to reflect gender.The only other women’s names I saw were retired clergy. And as an aside, I certainly hope the “Martha Horne” I saw isn’t the same person who once was Dean of Virginia Seminary. If it is, I can only express serious disappointment in her.Every seminary trained clergy person who has studied any of church history knows full well that what we have received from the “apostles and saints” has not been received unchanged. The various translations from the ancient languages alone makes that very clear. We do not adopt the proscriptions of the Hebrew texts, particularly the purity codes as our way of operating as Christians. The most ludicrous claim I ever hear is that the Biblical standard for marriage is one man and one woman. All it takes is even a cursory review of Genesis and subsequent books to see that it was one man and pretty much as many wives and concubines as he wanted. David committed murder after adultery to gain another wife. Solomon had some 700 wives etc. (busy man!). Polygamy was more the norm than the exception among the leadership anyway and those with the resources. Women were property, traded bought and sold like any other property. Even in the Christian Testament polygamy is only expressly forbidden for deacons and bishops (don’t tell some of our friends in other parts of the world about that prohibition!).We haven’t treated women as property in this country for decades and decades. We no longer treat people of color as property either. Need I go on with the examples of the so-called unchanged faith? And lest we forget, even Jesus “interpreted” Scripture.Unless none of the clergy in South Carolina have ever been divorced, the teaching on that has changed as well. I thought the teaching on ordination of women had changed, but apparently only to a certain degree. There are countless examples that we could all cite of the true changes in the faith we profess that have taken place. But the one thing that has never changed is that Jesus is Lord! Isn’t that all that matters?I really think it is high time a group of guys acting like immature college sophomores grew up and started acting like grown men. The world is different. The church is different. Just being a white male does not or should not guarantee any of us anything just by virtue of those characteristics.So, no, this isn’t about polity. Nor is it about any essentials of faith. Nor is it about actions of the General Convention. It is about guys whose faith never seems to have matured to the point of trusting in God and the work of the Holy Spirit in trying to provide the things a hurting world needs. And trust me, the world doesn’t need any more sexist and/or racist white guys who just don’t “get it.”We can continue all of the overly polite discussion than involves the polity and history of the church. We can continue all the games of word play that some claim allows them to have “winked and nodded” when they ascribed to the Constitution and Canons of The Episcopal Church. We can try to change history from our beginnings among thirteen mistrusting and confused colonies who were trying to forge both a nation and a church. The bottom line remains, however, that these are the games of a bunch of boys who have forgotten their manners, their history and the true essence of faith: Love God. Love your neighbor. As Rabbi Hillel reportedly stated, this is Torah. All else is commentary.But I suppose we will now have to expend time, energy and funds in dealing with childish boys who think they can leave and take with them what is not theirs to take. Getting mad and taking your toys and going home doesn’t include taking what isn’t yours.You know, I have always made room at the table for those with whom I disagreed the most. I can count on one hand the number of times that gesture has been reciprocated. I will continue to make that room. It is part of what Jesus requires me to do. And it will continue to go unreciprocated. But that’s not my problem….it’s God’s to resolve.Now I am quite sure I have really irritated a bunch of folks, but they should have seen it coming. They stepped on the last nerve I had left and I don’t appreciate it!Bruce GarnerL5 Atlanta 2012Bruce [email protected]“When fascism comes to the United States, it will come carrying a cross, wrapped in a flag.” (“It Can’t Happen Here” by Sinclair Lewis in 1935)“Since when do you have to agree with people just to defend them from injustice?” Lillian Hellman, Writer (1905-1984)“I still have many things to say to you, but you cannot bear them now. When the Spirit of truth comes, he will guide you into all the truth..” John 16: 12-13a An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Fr. Will McQueen says: South Carolinians affirm decision to leave Episcopal Church November 19, 2012 at 12:13 am Mr. Garner, good to see you completely shut down any substantial debate by resorting to name calling…homophobia, “white men’s club,” women haters. I wish you would be more honest and just admit that you change the plain meaning of Holy Scrioture to justify your already agreed upon interpretations. Your mischaracteriazations of Bp. Allison and Cn. Harmon are disgusting. These are two faithful clergymen, and I’m so grateful for their witness. You and your contingent have wanted them gone for years, and now you’ve used your demonic means to reach your damnable ends. Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT November 17, 2012 at 6:19 pm We are one in Christ, no matter what resolutions we pass or how autonomous we claim to be. When will we learn that basic truth? Michael Raczynski says: November 17, 2012 at 7:50 pm Rather narrow and racist Bruce. Look beyond race to the Gospel. You may find salvation there. Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs November 18, 2012 at 6:00 am Not tacky Tom…..just wondering if those who have decided to leave The Episcopal Church have been informed of and realize the long term impact.What IS tacky is the “band of boys” and their actions. How many women clergy have signed on to “leave?” Not many because their are few of them or not many because they understand the shallowness of the reasons the boys are actually using regardless of what they claim? Robert Hansel says: Michael Raczynski says: An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Washington, DC Rector Shreveport, LA Joseph F Foster says: AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis November 17, 2012 at 8:25 pm Amen Reverend Russell. The Episopal Church across this great land will still “welcome all” Featured Events Comments navigation Newer comments Bruce Garner says: November 18, 2012 at 9:18 am When I was President of the Standing Committe of the Dio. Of Eau Claire I asked the President of the standing Committee of the Dio. Of S . C. If Lawrence was planning to pull the Diocese out of TEC and was assured that, while Lawrence had a lot of issues with TEC he had no plans to leave.. Did he change his mind or was his election just a ploy to a power play? November 17, 2012 at 9:12 pm Has it occurred to any of the Jefferts Schori secularists that money (losing properties, pensions, prayer books, families’ church heritages) is not the point? The faithful remain loyal to the true Christian faith, our secular American culture notwithstanding. John Neir says: Course Director Jerusalem, Israel Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Associate Rector for Family Ministries Anchorage, AK Missioner for Disaster Resilience Sacramento, CA November 18, 2012 at 9:50 am Well stated, Rebecca. Fr. Will McQueen says: Assistant/Associate Rector Morristown, NJ Rector Collierville, TN Fr. Will McQueen says: Debbie Walker says: Rector Hopkinsville, KY November 17, 2012 at 9:45 pm They already did pay and build their buildings Robert. Which building in that diocese was built with TEC funds? Which has been sustained? The answer is that probably none at all. The Diocese has chosen to leave. It has been affirmed by those present at its meeting this weekend. The bishop has said that those parishes who wish to remain with the TEC can do so property and all. Who is being a moderate here and who is being unreasonable? November 17, 2012 at 9:32 pm so which people built the churches. Those who worship there now or those who did years ago? That is why the property belongs to TEC. Our concern is that Bp. Lawrence and his followers are not practicing the Gospel which includes honoring the dignity and worth of every human being (see Baptismal Covenant). They are excluding those they feel are different from them from God’s love. How can that be Christian? I’m glad that TEC welcomes all. The Rev Bob Spencer, BCC says: Featured Jobs & Calls David Yarbrough says: Rector Pittsburgh, PA Jeremy Bates says: New Berrigan Book With Episcopal Roots Cascade Books Rector Smithfield, NC November 19, 2012 at 1:47 pm The world wide Anglican Communion does not have a constitution and canons that all constituent bodies have signed on to, so the example is not applicable. The Episcopal Church was created out of the several dioceses through action of legislation that adopted a constitution and subsequently a body of canon law for its governance. No such parallel exists in the Anglican Communion. Assistant/Associate Priest Scottsdale, AZ November 17, 2012 at 6:37 pm A polity more just to whom? All parochial properties in my diocese are held in trust for the diocese subject to the canons. Every deed of every parish has a note to that effect.If self-styled Anglicans wish to form their own congregations, most cities have buildings that can be rented or purchased — or the departing members can put their money where their mouths are and build anew.I support the PB’s decision on Bp Lawrence and look forward to his deposal after due process. Michael Raczynski says: Robert H. Crewdson says: Michael Raczynski says: November 17, 2012 at 7:25 pm Any division is sad and unfortunate. But the Episcopal Church as a body is changing as is the whole world. Some of us have embraced that change, even if difficult and challenging. Others have chosen to part waves. I am sad to see Christians unable to find “reconciliation”….all division in our churches is a scandal, especially to a secular world that is seeing us more and more in skeptical terms. An those sins were not taken lightly by Jesus who prayed that we be one…as he and the Father are one. God forgive our stubbornness of heart. God help us to move ahead as a stronger and better Episcopal Church. My prayers for all. Priest Associate or Director of Adult Ministries Greenville, SClast_img read more

Fox Sports Australia pull no punches in new promo mocking England ahead of series

first_imgMonday Jun 6, 2016 Fox Sports Australia pull no punches in new promo mocking England ahead of series Shots have been fired with this scathing new promo ahead of the three-Test series between the Wallabies and England that starts this weekend, June 11th. It features Fox Sports pundits and commentators, including former Test stars, having a full go at the RWC 2015 hosts.Former Wallabies Greg Martin, Phil Kearns, Tim Horan and Rod Kafer weigh in as fan favourite Sean Maloney reacts to comments made by now England coach, Eddie Jones.We don’t need to say too much more – have a look for yourself and let us know what you think.WALLABIES VS ENGLAND FIXTURES:June 11th: Australia v England, BrisbaneJune 18th: Australia v England, MelbourneJune 25th: Australia v England, SydneyADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Banks bailed out — themselves

first_imgDetroit, Feb. 1 — When the Troika — the International Monetary Fund, European Commission and European Central Bank — disbursed 226.7 billion euros to Greece between May 2010 and the present, European capitalists and politicians spoke of these funds as if they were a gift to the Greek people. In reality, the funds went almost exclusively to bailing out the banks, provided little benefit to the people and increased Greece’s public debt.Only 27 billion euros, 11 percent of the total, went to Greece’s governmental operating needs. By contrast, 122 billion euros, or more than half the funds, went to debt servicing. Some 81 billion euros were paid in maturing debt obligations and 40 billion euros in interest.  Some 94 billion euros went to replace nonperforming bank loans through new bond exchanges, buybacks and other forms of restructuring — in other words, to make up the losses on worthless bonds issued by the banks. An additional 9.1 billion euros was paid back to the IMF, and 2.3 billion euros were paid in capital to the European Stability Mechanism. (“Where did all the money go?” by Yiannis Mouzakis, tinyurl.com/oxku48g.)Especially significant is that the banks and financial institutions which held the Greek debt before 2010 were essentially paid off and bailed out. As a result, 65 percent of Greek debt was shifted to the public sector, making other eurozone governments now liable for it. Another  20 percent is in the hands of the ECB and IMF.  (“The troika saved banks and creditors — not Greece,” tinyurl.com/kbxvzt9.)This is very similar to the U.S. bank bailout that began in 2008, in which the U.S. Treasury and Federal Reserve bought up several trillion dollars in bad bank debt, particularly mortgage securities, and backed them up with U.S. taxpayer funds through Fannie Mae and Freddie Mac.Wall Street’s role in Greek ‘debt’As a result of the Troika’s “bailout,” Greek government debt has grown from 133 percent of the country’s gross domestic product in 2010 to 174 percent today. (“Six key points about Greek debt and the forthcoming election” by Tim Jones, Senior Policy and Campaigns Officer, Jubilee Debt Campaign, January 2015.)However, the study by Mouzakis, cited above, notes that beginning in 2013 and continuing until today, Greek government revenues have exceeded expenses, with no financing needed to cover state operations.  If Greece did not pay off its debt to the Troika — and through the Troika to the banks and financial institutions — it would be able to maintain its operations and likely increase services to the people, which have been devastated to provide the funds to pay off the banks. Canceling the debt to the banks, instead of hobbling Greece, would likely raise the people’s standard of living.Wall Street played its own role in creating the Greek financial crisis, while profiting from it. In 2001, the investment banking firm Goldman Sachs engineered a deal with Greece that allowed the country to mask its real deficit in order to adopt the euro as its currency.  Goldman Sachs engineered a “derivative” — a cross-currency and interest rate swap — in which it advanced 2.8 billion euros to Greece to eliminate 600 million in euros owed by Greece at the time.By 2005, when Goldman Sachs sold the swap to the National Bank of Greece, the amount owed by Greece had mushroomed to 5.1 billion euros. In addition, Goldman Sachs pocketed a $300 million fee for engineering this deal. (New York Times, Feb. 14, 2010)Goldman Sachs underwrote similar swaps for the city of Detroit, which cost the city $365 million in termination fees on swaps tied to pension obligation certificates, and $537 million on swaps tied to water infrastructure bonds.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

If Trump won’t quit — SHUT! IT! DOWN!

first_imgLarry Holmes is the First Secretary of Workers World PartyThe Rochester Labor Council passed a very forward-thinking resolution on Oct. 8, calling on the AFL-CIO to call a general strike if President Donald Trump refuses to leave office. Soon after, the Central Wisconsin Area Labor Federation passed a similar resolution. The Southern Workers Assembly called for “No business as usual at work, school, wherever you are!” if Trump attempts a coup. And the Unite All Workers for Democracy caucus inside the United Auto Workers endorsed the Rochester resolution.Many other labor bodies are now taking this up. Labor unionists everywhere are talking about the need for a general strike if Trump tries to hold on to power.This is a huge development.All-India General Strike, Jan. 8. This is what a general strike looks like!A general strike against a Trump coup?In an article published by Workers World Newspaper called “The Left, the election crisis and the ‘elephant in the room,’” I speculated that very few socialists, if any, were considering what the working class would do, apart from voting, in response to the threat of violent fascistic attacks, and an attempted coup next month by Trump and his loyalists. (workers.org, Sept. 25)That article said that most of the left did not expect the working class, as a class, to intervene in the election crisis in any way that differs from — and suggests some independence from — the ruling class political establishment, because the top labor movement leaders only do what Democratic Party leaders tell them to do.We have been pleasantly surprised.What this talk of a general strike will lead to is uncertain. The general strike talk is not about demanding protection for workers against COVID-19 or aid for the millions of unemployed workers or a permanent moratorium on evictions and foreclosures. It is essentially about defending the candidates of the Democratic Party, a capitalist tool whose function is to keep the workers and oppressed hostage to the capitalist system.But even with this contradiction, the talk of a general strike — two words that are feared by the ruling class, and rarely if ever taken seriously by unionists — is something new and something big.All-India General Strike, Jan. 8. This is what a general strike looks like!The working class intervenes in the political crisisA few weeks ago, the call by a significant number of unions and labor unionists for work actions against racism represented the beginning of a new phase that held the potential of forging a new relationship between the anti-racist rebellion and organized sectors of the working class. It now appears that the new talk in the organized labor movement about the need for a general strike if Trump tries to stay in power has taken center stage. In my view, this development is about more than the issue of the general strike, which is, of course, central. This development is a sign that the present political crisis is so unique, so serious, that it is compelling the organized labor movement to consider acting somewhat independently of ruling class politics — and acting as a class that has social power which transcends the day-to-day struggle over working conditions or merely urging union members to vote. Neither the Republicans nor the Democrats nor the capitalists they represent want a revival of the general strike. To them, it would signify a harbinger of a turn in the organized labor movement toward a measure of independence from the capitalist political parties.Movement for general strike could intensify class struggleIf this movement for a general strike isn’t quashed soon, it will reanimate other issues vital to the working class, such as the need for a 180-degree turn towards the mass organization of workers — especially those workers who have been so terribly neglected by the top leadership of the organized labor movement.It could open the door to a more militant upsurge in the class struggle. Maybe it could even lead to a much needed reconsideration of organized labor’s pitiful relationship to the migrant workers’ struggle. The call for work stoppages against racism may be on the back burner for a while, but that will only be temporary. Events will reawaken it. And, it will be clear that the movement for a general strike against a coup attempt by Trump — and strikes against racism — are being driven by the same things that are pushing the working class to act in its own defense.The article on “The Left, the election crisis and ‘the elephant in the room’” imagined the prospect of a fusion between the militants in the street who have  carried out an “intifada” against police terror since the spring, on the one hand,  and the best forces within the labor movement, on the other hand. Such a fusion will not be based on something one-dimensional, like a meeting between these two forces, although such a meeting would be an excellent idea.The fusion will derive from, and be tested by, the next uprising. But most importantly, the resolve of a critical force of militants to do whatever is needed to see that such a fusion becomes a reality will be decisive. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Caltech Scientists Develop Cool Process to Make Graphene, Futuristic Wonder Material

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Top of the News 10 recommended0 commentsShareShareTweetSharePin it Your email address will not be published. Required fields are marked * Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyThe Real Truth About The Pain Caused By MicrobladingHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeauty6 Trends To Look Like An Eye-Candy And 6 To Forget AboutHerbeautyHerbeautyHerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeauty Name (required)  Mail (required) (not be published)  Website  Community News center column 4 Caltech Scientists Develop Cool Process to Make Graphene, Futuristic Wonder Material By KER THAN Published on Wednesday, March 18, 2015 | 4:24 pm Make a commentcenter_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Subscribe Community News More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Nai-Chang Yeh and David Boyd. Credit: Lance Hayashida/Caltech Office of Strategic CommunicationsA new technique invented at Caltech to produce graphene—a material made up of an atom-thick layer of carbon—at room temperature could help pave the way for commercially feasible graphene-based solar cells and light-emitting diodes, large-panel displays, and flexible electronics.“With this new technique, we can grow large sheets of electronic-grade graphene in much less time and at much lower temperatures,” says Caltech staff scientist David Boyd, who developed the method.Boyd is the first author of a new study, published in the March 18 issue of the journal Nature Communications, detailing the new manufacturing process and the novel properties of the graphene it produces.Graphene could revolutionize a variety of engineering and scientific fields due to its unique properties, which include a tensile strength 200 times stronger than steel and an electrical mobility that is two to three orders of magnitude better than silicon. The electrical mobility of a material is a measure of how easily electrons can travel across its surface.However, achieving these properties on an industrially relevant scale has proven to be complicated. Existing techniques require temperatures that are much too hot—1,800 degrees Fahrenheit, or 1,000 degrees Celsius—for incorporating graphene fabrication with current electronic manufacturing. Additionally, high-temperature growth of graphene tends to induce large, uncontrollably distributed strain—deformation—in the material, which severely compromises its intrinsic properties.“Previously, people were only able to grow a few square millimeters of high-mobility graphene at a time, and it required very high temperatures, long periods of time, and many steps,” says Caltech physics professor Nai-Chang Yeh, the Fletcher Jones Foundation Co-Director of the Kavli Nanoscience Institute and the corresponding author of the new study. “Our new method can consistently produce high-mobility and nearly strain-free graphene in a single step in just a few minutes without high temperature. We have created sample sizes of a few square centimeters, and since we think that our method is scalable, we believe that we can grow sheets that are up to several square inches or larger, paving the way to realistic large-scale applications.”The new manufacturing process might not have been discovered at all if not for a fortunate turn of events. In 2012, Boyd, then working in the lab of the late David Goodwin, at that time a Caltech professor of mechanical engineering and applied physics, was trying to reproduce a graphene-manufacturing process he had read about in a scientific journal. In this process, heated copper is used to catalyze graphene growth. “I was playing around with it on my lunch hour,” says Boyd, who now works with Yeh’s research group. “But the recipe wasn’t working. It seemed like a very simple process. I even had better equipment than what was used in the original experiment, so it should have been easier for me.”During one of his attempts to reproduce the experiment, the phone rang. While Boyd took the call, he unintentionally let a copper foil heat for longer than usual before exposing it to methane vapor, which provides the carbon atoms needed for graphene growth.When later Boyd examined the copper plate using Raman spectroscopy, a technique used for detecting and identifying graphene, he saw evidence that a graphene layer had indeed formed. “It was an ‘A-ha!’ moment,” Boyd says. “I realized then that the trick to growth is to have a very clean surface, one without the copper oxide.”As Boyd recalls, he then remembered that Robert Millikan, a Nobel Prize–winning physicist and the head of Caltech from 1921 to 1945, also had to contend with removing copper oxide when he performed his famous 1916 experiment to measure Planck’s constant, which is important for calculating the amount of energy a single particle of light, or photon, Boyd wondered if he, like Millikan, could devise a method for cleaning his copper while it was under vacuum conditions.Schematic of the Caltech growth process for graphene. (Courtesy of Nature Communications) The solution Boyd hit upon was to use a system first developed in the 1960s to generate a hydrogen plasma—that is, hydrogen gas that has been electrified to separate the electrons from the protons—to remove the copper oxide at much lower temperatures. His initial experiments revealed not only that the technique worked to remove the copper oxide, but that it simultaneously produced graphene as well.At first, Boyd could not figure out why the technique was so successful. He later discovered that two leaky valves were letting in trace amounts of methane into the experiment chamber. “The valves were letting in just the right amount of methane for graphene to grow,” he says.The ability to produce graphene without the need for active heating not only reduces manufacturing costs, but also results in a better product because fewer defects—introduced as a result of thermal expansion and contraction processes—are generated. This in turn eliminates the need for multiple postproduction steps. “Typically, it takes about ten hours and nine to ten different steps to make a batch of high-mobility graphene using high-temperature growth methods,” Yeh says. “Our process involves one step, and it takes five minutes.”Work by Yeh’s group and international collaborators later revealed that graphene made using the new technique is of higher quality than graphene made using conventional methods: It is stronger because it contains fewer defects that could weaken its mechanical strength, and it has the highest electrical mobility yet measured for synthetic graphene.Images of early-stage growth of graphene on copper. The lines of hexagons are graphene nuclei, with increasing magnification from left to right, where the scale bars from left to right correspond to 10 ?m, 1 ?m, and 200 nm, respectively. The hexagons grow together into a seamless sheet of graphene. (Courtesy of Nature Communications)The team thinks one reason their technique is so efficient is that a chemical reaction between the hydrogen plasma and air molecules in the chamber’s atmosphere generates cyano radicals—carbon-nitrogen molecules that have been stripped of their electrons. Like tiny superscrubbers, these charged molecules effectively scour the copper of surface imperfections providing a pristine surface on which to grow graphene.The scientists also discovered that their graphene grows in a special way. Graphene produced using conventional thermal processes grows from a random patchwork of depositions. But graphene growth with the plasma technique is more orderly. The graphene deposits form lines that then grow into a seamless sheet, which contributes to its mechanical and electrical integrity.A scaled-up version of their plasma technique could open the door for new kinds of electronics manufacturing, Yeh says. For example, graphene sheets with low concentrations of defects could be used to protect materials against degradation from exposure to the environment. Another possibility would be to grow large sheets of graphene that can be used as a transparent conducting electrode for solar cells and display panels. “In the future, you could have graphene-based cell-phone displays that generate their own power,” Yeh says.Atomically resolved scanning tunneling microscopic images of graphene grown on a copper (111) single crystal, with increasing magnification from left to right. (Courtesy of Nature Communications)Another possibility, she says, is to introduce intentional imperfections into graphene’s lattice structure to create specific mechanical and electronic attributes. “If you can strain graphene by design at the nanoscale, you can artificially engineer its properties. But for this to work, you need to start with a perfectly smooth, strain-free sheet of graphene,” Yeh says. “You can’t do this if you have a sheet of graphene that has uncontrollable defects in different places.”Along with Yeh and Boyd, additional authors on the paper, “Single-Step Deposition of High-Mobility Graphene at Reduced Temperatures,” include Caltech graduate students Wei Hsiang Lin, Chen Chih Hsu and Chien-Chang Chen; Caltech staff scientist Marcus Teague; Yuan-Yen Lo, Tsung-Chih Cheng, and Chih-I Wu of National Taiwan University; and Wen-Yuan Chan, Wei-Bing Su, and Chia-Seng Chang of the Institute of Physics, Academia Sinica. Funding support for the study at Caltech was provided by the National Science Foundation, under the Institute of Quantum Information and Matter, and by the Gordon and Betty Moore Foundation and the Kavli Foundation through the Kavli Nanoscience Institute. The work in Taiwan was supported by the Taiwanese National Science Council.Images reprinted from Nature Communications, “Single-Step Deposition of High-Mobility Graphene at Reduced Temperatures,” March 18, 2015, with permission from Nature Communications. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News First Heatwave Expected Next Week last_img read more

Electrical Failure Sparks Home Fire on Friday

first_imglatest #1 Electrical Failure Sparks Home Fire on Friday Published on Friday, June 1, 2018 | 3:10 pm Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyKim To File For Divorce From Kanye West After 6 Years Of MarriageHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyNow She’s 19 – Look At Her Transformation! Incredible!HerbeautyHerbeautyHerbeautyHe Swears He’s Ready For Another Relationship. Is He Really?HerbeautyHerbeautyHerbeauty10 Easy Tips To Help You Reset Your Sleep ScheduleHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Photo courtesy Pasadena Fire Dept.Pasadena and San Marino Fire Dept. units responded to a house fire in the 200 block of S. Sierra Bonita Ave. in Pasadena on Friday morning, and knocked down a blaze in the home’s laundry room about seven minutes after the first unit’s arrival.A Pasadena fire engine arrived on-scene at about 6:27 a.m. and reported a two-story house, with light smoke showing from the rear. Firefighters immediately investigated and found the laundry room on the west side of the home on fire.The fire was quickly extinguished at 6:34 a.m. with no injuries reported.Pasadena police officers assisted with traffic control.Investigators found that the cause of the fire was an electrical failure in the laundry room.No official estimate of damage was released. Subscribe Community News Top of the News More Cool Stuff ShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimescenter_img Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked * Community News First Heatwave Expected Next Week EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business Newslast_img read more

PERRYMAN: Impasse

first_img Twitter WhatsApp Facebook TAGS  PERRYMAN: Impasse Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. The United States and China have been attempting to negotiate a trade agreement for a while, but as I am writing, no deal has been reached. The sooner, the better.Tariffs (which are largely taxes paid by US households and firms) have already reduced the volume of trade in both directions. According to recent data, US imports from China decreased from $123.1 billion during the first quarter of 2018 to $106.0 billion in the first quarter of 2019. Simultaneously, US exports to China fell from $32.0 billion to $26.0 billion. In fact, during this period, Mexico eclipsed China as the largest US trading partner.Free trade is clearly beneficial. Basic economic theory and centuries of evidence support this fact. The notable declines in trade driven by tariffs are harmful to both nations. Although the Chinese economy is more export-oriented than the US, American families and firms are also feeling the effects.One thing that seems to be lost at times in the discussion is that, when the US imposes tariffs, people in the US pay more for Chinese goods, as tariffs are collected at the border and largely passed on to consumers and producers. (How much gets absorbed by US interests depends on arcane measurements of the relative elasticities of supply and demand, but the bottom line is that we pay more.) Some of these products are consumer items, while others are inputs for US goods. Household budgets are affected, as are firm profits and competitiveness. When China retaliates with its own tariffs, US exports become less affordable for Chinese customers, purchases are reduced, and US firms suffer in the huge Chinese market. The current tariffs could add $500 or more to the annual costs of operating a US household, and more are being threatened. Simply stated, this stuff is real!!Even beyond tariffs are changes in investment patterns, supply chains, and strategic plans. Chinese investments in the US have fallen sharply. Already, corporations have announced moves from China to other nations for manufacturing facilities to avoid trade complications. In some industries such as electronics, divergence of the US and China can affect global standards. If a Chinese protocol for 5G doesn’t precisely match that of the US, for example, enormous inefficiencies with profound implications will occur.The more the two largest economies in the world can interact, the better they will perform, which generates advantages for virtually all nations. At the same time, it is essential to protect intellectual property, ensure national security, and keep the playing field level. A trade agreement that deals with these issues and reduces or eliminates tariffs would not only positively affect the US and China, but would also yield substantial global benefits. WhatsApp Facebookcenter_img Local News Twitter Pinterest Pinterest By Digital AIM Web Support – February 24, 2021 Previous article052719_Memorial_Day_Ride_51Next article052719_Memorial_Day_Ride_55 Digital AIM Web Supportlast_img read more

Man due in court charged with drug related offences

first_img News, Sport and Obituaries on Monday May 24th WhatsApp Google+ By News Highland – May 16, 2021 Previous articleTyres damaged in Ard McCarron BallybofeyNext articleMacra na Feirme President calls for more supports for young farmers News Highland Facebook Pinterest Man due in court charged with drug related offences Twitter Nine til Noon Show – Listen back to Monday’s Programme Important message for people attending LUH’s INR clinic Arranmore progress and potential flagged as population grows center_img Pinterest Facebook RELATED ARTICLESMORE FROM AUTHOR WhatsApp A 23-year-old man is due to appear before Derry Magistrates’ Court on June 9th charged with a number of drug related offences.The charges follow searches at two houses in the Waterside area of Derry on Thursday under the Misuse of Drugs Act.A 19-year-old woman has been released on bail.As is normal procedure all charges are reviewed by the Public Prosecution Service. DL Debate – 24/05/21 Twitter Google+ Loganair’s new Derry – Liverpool air service takes off from CODA Homepage BannerNewslast_img read more

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