All categories - 29 June 2007

Some say this is the republican (all look just about the same) that gave GW his intell on wmds in iraq. I have a link with the guy actually talking to Gw on the phone.

http://www.radiomex610atlanta.com/images/otrorollo/images/RedNeck.jpg

2007-06-29 10:54:22 · 6 answers · asked by Anonymous in Politics

2007-06-29 10:54:17 · 12 answers · asked by Malcolm uses Xbox 360 Avatar 7 in Polls & Surveys

The file C:\Users\Ally\Desktop\birdy.ppt 2.ppt cannot be imported because the codec required to play the file is not installed on your computer. If you have already tried to download and install the codec, close and restart Windows Movie Maker, and then try to import the file again.


what codec do i need ?

2007-06-29 10:54:16 · 7 answers · asked by Anonymous in Software

2007-06-29 10:54:14 · 32 answers · asked by × 7 in Polls & Surveys

regime which was secular?
The US is going to leave one day and then the Mullah's will take over.Parts of Iraq now already have sharia law.Under Saddam women were equal,his secretary for foreign affairs was a Christian.Even if America beats the insurgency,a very optimistic scenario as things stand now,what have we won?

2007-06-29 10:54:12 · 8 answers · asked by justgoodfolk 7 in Politics

2007-06-29 10:54:06 · 2 answers · asked by Delta/Bravo 3 in Higher Education (University +)

my brother was telling me that there is a game just like the sims.......but they talk in english ............if you know any game out there that is just like the sims........but it is in english.............

2007-06-29 10:54:04 · 4 answers · asked by smiles 1 in Video & Online Games

What if we all saved, on our computers, the same great answer to the ubiquitous "Why are atheists here?" question, and we all posted that same answer each and every time it's asked? I think it's a great idea, and whoever posts the best answer to that overworn question gets best answer :)

So, why are atheists here, lol?

2007-06-29 10:53:53 · 20 answers · asked by I WALK FUNNY 4 in Religion & Spirituality

I'm eventually going to get married and me and my boyfriend/ future fiance want to do it in the summer of 2008, because the next year we will both be going to ut-austin....what are you thoughts on taking out a loan to be able to pay for our wedding, we both have good credit and pay off debts asap....any advice, thoughts, ect...

2007-06-29 10:53:49 · 30 answers · asked by Anonymous in Weddings

It could be anyone past or present. Why is the singer overrated?

2007-06-29 10:53:37 · 6 answers · asked by cats 7 in Polls & Surveys

2007-06-29 10:53:19 · 11 answers · asked by asker 1 in Other - Food & Drink

"It gives manufacturers and dealers a weapon to use against discounters, which will raise prices and stifle innovation," he said.

High Court Overturns Century-Old Antitrust Rule
Manufacturers Gain Say on Retail Prices

By Ylan Q. Mui and Robert Barnes
Washington Post Staff Writers
Friday, June 29, 2007; Page D01


The U.S. Supreme Court yesterday overturned a nearly century-old ruling that prohibited manufacturers from dictating the minimum prices retailers must charge for their goods, saying such agreements could spark competition rather than stifle it.

The 5 to 4 opinion, delivered by Justice Anthony M. Kennedy, found that minimum-pricing requirements by manufacturers do not constitute an automatic violation of the Sherman Antitrust Act. Instead, the agreements must be judged on a case-by-case basis according to a "rule of reason" to determine whether they interfere with market competition.



The 5 to 4 opinion found that minimum-pricing agreements must be judged on a case-by-case basis. (By Win Mcnamee -- Getty Images)
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Chief Justice John G. Roberts Jr. and Justices Antonin Scalia, Clarence Thomas and Samuel A. Alito Jr. joined Kennedy in the opinion. Justice Stephen G. Breyer filed a dissenting opinion with Justices John Paul Stevens, David H. Souter and Ruth Bader Ginsburg, arguing that little has changed in the U.S. economy to warrant overruling a decision that has held up since 1911.

The reach of that previous case, Dr. Miles Medical Co. v. John D. Park & Sons Co., has been vast. In his dissent, Breyer described it as being embedded in antitrust law. It has covered the price of perfume, the cost of cars and countless other goods. The decision is why manufacturers can only offer suggested retail prices.

But some free-market economists have argued that Dr. Miles outlived its usefulness and is unnecessary as an antitrust weapon in a modern economy.

Their analysis holds that minimum-resale pricing would ensure retailers make enough profit to provide better service to customers and promote the manufacturer's products. It would eliminate "free riding," in which a consumer might try out the latest tennis racket at the local pro shop and then hit the Internet to find a cheaper price.

Even if minimum-price requirements were to hurt retail competition, free-market economists say it doesn't affect competition among brands. No manufacturer would want to price itself out of business.

In its opinion, the court found that reasoning to be persuasive, at least in some instances.

Mallory Duncan, general counsel for the National Retail Federation, said the justices "put a thumb on the scale in favor of those manufacturers who would like to set resale prices.

"It doesn't guarantee them the right to do it," he said. "But it gives them a little more ammunition."

Consumer groups counter that the restriction has saved shoppers hundreds of billions of dollars over the years. Mark Cooper, director of research for the Consumer Federation of America, said yesterday's ruling will make it more difficult for discounters and small businesses to challenge large manufacturers.

"It gives manufacturers and dealers a weapon to use against discounters, which will raise prices and stifle innovation," he said.





Glass-Steagall Act
From Wikipedia, the free encyclopedia
Jump to: navigation, search
Two separate United States laws are known as the Glass-Steagall Act. The Acts (Glass & Steagall) were both reactions of the U.S. government to cope with the economic problems which followed the Stock Market Crash of 1929.

Both bills were sponsored by Democratic Senator Carter Glass of Lynchburg, Virginia, a former Secretary of the Treasury, and Democratic Congressman Henry B. Steagall of Alabama, Chairman of the House Committee on Banking and Currency.




Contents
[hide]
1 First Glass Steagall Act of February 1932
2 Second Glass-Steagall Act (officially called: Banking Act of 1933) (June 16, 1933)
3 Repeal of the Acts
4 Note
5 Emergency Banking Relief Act of 1933 (March 9, 1933)
6 External link



[edit] First Glass Steagall Act of February 1932
This act allowed that government obligations as well as commercial paper can be used as reserve in banks. Therefore, banks were able to increase credit, and more money was in circulation. It was enacted under President Herbert Hoover. Do not confuse this act with the second Glass Steagall Act of 1933.

See: [http://www.u-s-history.com/pages/h1504.html ]





[edit] Second Glass-Steagall Act (officially called: Banking Act of 1933) (June 16, 1933)
This act introduced the separation of bank types according to their business (commercial and investment banking), and it founded the Federal Deposit Insurance Company for insuring bank deposits. Literature in economics usually refers to this Glass Steagall Act, since it had a stronger impact on US banking regulation.

See:

Original Text of the act: "Banking Act of 1933", (= Glass Steagall Act), in: Walsh, Gerard P. Jr. (ed.), Federal Reserve Act of 1913. With Amendments and Laws Relating to Banking, Washington 1981, pp. 163-199. A pdf is available here (downloading takes a while): [1]

"Understanding How Glass-Steagall Act Impacts Investment Banking and the Role of Commercial Banks" [2]





[edit] Repeal of the Acts
On November 12, 1999, President Bill Clinton signed into law the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act of 1933. One impact of this repeal is that certain advisory activities of the banks are now regulated by the Investment Advisers Act of 1940.


[edit] Note
Do not confuse those two acts with this one:





[edit] Emergency Banking Relief Act of 1933 (March 9, 1933)
This act authorizes President Roosevelt to forbid hoarding of gold coins. It authorizes the Treasury to request all people and companies of the U.S. to send in their gold reserves (transportation will be paid by the Treasury.) In addition, this act rules that all banks stop their business (bank holiday) until the Comptroller of the Currency has examined the soundness of such banks and has approved reopening. This act has nothing to do with the Glass Steagall Acts, however, it has often been mixed up.

See:

President Franklin Roosevelt's Bank Holiday Declaration, 1933: [3]

Original Text of the Emergency Banking Relief Act of 1933: [4]





[edit] External link
Back to the Twenties Through the Looking Glass - Steagall Hour long Wizards of Money MP3 explaining the Glass-Steagall Act, background to it and impact of it.
Retrieved from "http://en.wikipedia.org/wiki/Glass-Steagall_Act"
Categories: 1932 in law | Legal history of the United States | United States federal banking legislation | History of the United States (1918–1945) | Federal Deposit Insurance Corporation

2007-06-29 10:52:48 · 2 answers · asked by trevathantim 2 in Corporations

should i go ahead and let him have it?

2007-06-29 10:52:42 · 23 answers · asked by Anonymous in Grade-Schooler

my nexy birthday is in september, anybody have an idea of what i should do that'll rock the world?

2007-06-29 10:52:26 · 2 answers · asked by Anonymous in Other - Holidays

I'm trying to describe the sound you hear when a vehicle passes another on the highway, something like "whoosh," and on the racetrack like "vroom."

I feel like a little sheepish asking, but I need to do a presentation for a client and his minions, and I don't want to stammer through it.

Right now I'm describing it as, "you know that sound that one car makes when it passes another car?"

Thanks for your help.

2007-06-29 10:52:26 · 7 answers · asked by LJR 2 in Physics

Everytime we make love my husband asks if I had an orgasm. So far I've lied to him. I don't think I've had an orgasm yet. Should I tell him the truth next time he asks? I'm afraid this will hurt his ego. Help!

2007-06-29 10:52:25 · 27 answers · asked by Cookie Monster 1 in Marriage & Divorce

It has a twisted trunk, gnarled branches with big green leaves that fall off each fall. Kind of looks like the tree in the Harry Potter movie, only not as large, 7 ft tall is all it is, and not as aggressive. The twigs are twisted also. Seems like once it leaves out each year, new branchs appear with new leaves

2007-06-29 10:52:23 · 3 answers · asked by Anonymous in Garden & Landscape

I usually prefer a song with a proper ending....faded endings usually just sound weak to me.

2007-06-29 10:52:16 · 21 answers · asked by hello world 7 in Polls & Surveys

2007-06-29 10:52:15 · 13 answers · asked by Gotnothingtodo! 1 in Religion & Spirituality

2007-06-29 10:51:50 · 16 answers · asked by throw_away_your_television_2 6 in Polls & Surveys

Yes...he was horrible....monica lewinsky, and some other stuff but doesn't that all seem trivial when compared to what we face today...the War in Iraq, illegal immigration, high college tuition, $3.29 in gas (at least in Connecticut)...oh and the world looks at us like a joke...we aren't respected anymore in certain countries...if you weren't happy with Clinton then are you happy with Bush?

2007-06-29 10:51:43 · 26 answers · asked by jassie9788 3 in Government

2007-06-29 10:51:43 · 20 answers · asked by Cole Cooper™ 4 in Other - Entertainment

2007-06-29 10:51:31 · 8 answers · asked by Anonymous in Family

2007-06-29 10:51:16 · 9 answers · asked by Ann 3 in Polls & Surveys

in a sound wave it is molecules air
in a water wave it is drops of water
in an electron is is ?

2007-06-29 10:51:16 · 7 answers · asked by Lobster 4 in Physics

2007-06-29 10:51:03 · 3 answers · asked by Jose R 6 in Other - Politics & Government

A blonde's car gets a flat tyre on the motorway one day. So she eases it on the hard shoulder.

She carefully steps out of the car and opens the boot. She then takes out two cardboard men, unfolds them and stands them at the rear of the vehicle facing oncoming traffic. The lifelike cardboard men are in trench coats exposing their nude bodies to approaching drivers....

Not surprisingly, the traffic became congested and backed up for miles. It wasn't very long before a police car arrives.

The officer, clearly angered, approaches the blonde of the broken down car yelling, "What's going on here?"

"My car's broken down, Mr officer," says the blonde calmly.

"Well, what the hell are these obscene cardboard cutouts here by the road? asks the policeman.

"Er hellllooooooooo! those are my emergency flashers!" she replies.

2007-06-29 10:50:45 · 25 answers · asked by MYKLIA G 5 in Jokes & Riddles

I could really go for a NYC hotdog...

2007-06-29 10:50:41 · 13 answers · asked by Casey 5 in Polls & Surveys