There was a rumor that a large European bank almost failed overnight, if so, it was apparently saved by our Federal Reserve Bank making more dollars available to Europe. That may have been the medium term fiscal consolidation mentioned above.
It makes no sense on a purely intellectual level, but if you consider that comments like that often appear on trading forums, you can probably guess that the word “intellect” (or its derivatives, for that matter) has very little to do with it. It’s simply yet another manifestation of bizarro-thinking, not so uncommon among the type most likely to engage in dumb gambling, trading or investing, than anything else. The type that enjoys living in its own smog of self-delusion and insists on funding the financial markets with its dedication to ignorance. Since such people dominate most of the trading forums, the fastest way to cut your IQ in half is to join one of them. One of the trading forums, that is.
The teams traveled to the Los Angeles Regional Food test bank for their second challenge. Laura chose to sit out for the black team since they had one extra member. The teams had to prepare 150 food kits and then load them on a truck for delivery. The first team to load the truck would win the challenge. The winning team will receive free groceries for a year, letters from home, and they will be featured in a Cheerios campaign. It was a close one, but once again the black team was triumphant. In a touching gesture, Mike feeling bad for Aubrey who has five kids gave her his grocery prize.
Smith v.s Baker – court held that mere knowledge on the part of plaintiff was not sufficient. The defendant ought to have take due care and diligence.
Principle and its agent. (joint liability)- when a agent commits a tor in the course of performance of his duty as an agent, the liability of the principle arises for such wrongful act. It is based on the general principle of qui facit per alium facit per se. which meansthat the act of an agent is the act of the principle and done by the agent both are jointly liable. The authority to do the act may be express or implied. The agent perform such act in the course of his normal course of duty.
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I’ve read horror story after horror story of families whose “equity” was wiped out virtually overnight and they found out they weren’t really homeowners at all.
Remain optimistic. Remind yourself daily why you struck out on your own. The freedom to do exactly what you want to do, under your terms, can be very inspiring. It takes a lot of work to get going, and some days will be really challenging. But if you maintain the right attitude, and incorporate some fun in your work life, you will enjoy your new life. And be successful at it.