- HEADLINES [click on headline to view story]:
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Money matters
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Snap Shots
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Modern Medicine
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Heart to Heart with Hillary
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Let’s go to the movies
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Money matters:
Graham Macdonald
MBMG International Ltd.
Nominated for the Lorenzo Natali Prize
Obama has not learned from history, part 1
The only new thing in the world is the history you do not know - President Truman
After World War I, the allies imposed Treaty of Versailles on
the defeated Germans. The reparations were severe and everyone knew that Germany
had very little chance in making the payments. The newly formed Weimar Republic
decided the only chance they had was to print money. The value of the Papiermark
was 4.2 to one US Dollar in 1914. By late summer 1923 it was one million per
dollar. People were forced to carry their money in wheelbarrows when they went
shopping. Hyperinflation had hit Germany. To counter this, the Germans had to do
what was called a “monetary reset” and brought in the Rentenmark at the old
value of 4.2 to the US Dollar.
Shocking as though it may seem, it is not impossible that the financial
repercussions of the 1920s will not be repeated now. Hyperinflation is becoming
more likely every day. This is especially so should the plans of the Fed miss
their target or if the Chinese get their way and the US Dollar is no longer
considered as the world’s major reserve currency. The chances of the latter
happening in the near future are not massive as approximately fifty percent of
Chinese reserves are invested in American debt. Also, many of the world’s most
important economies are heavily invested in US Dollars.
As things are now, the US has nearly USD11 trillion in debt already. And with
USD8.5 trillion committed to bailouts and USD3.6 trillion more ready and on the
spending table, we are not going to have a shortage of debt any time soon.
What will be interesting though is to see how the above nations react to the
recent announcement of the Fed to print another USD1 trillion into the American
economy via long term government debt. This is something they have not done for
over fifty years. Basically, it is making money out of thin air.
Just to remind you, the USD, in an experiment dating back to 15th August 1971,
is a fiat currency which means that it is not pegged to anything. The Fed
controls how many dollars are allowed into the market. It is interesting that
now countries know how America plans to respond to the present crisis, they are
now calling for governments to consider a new world reserve currency which is
actually made up from a basket of currencies.
I do not think that this will happen in the near future but it shows how people
feel about the US Dollar at the moment. This is reflected in the questioning of
the value and future of the Greenback in the media, Chinese ministerial
observations, Davos, the G20, academic, financial and industrial research and
even in satirical and semi-serious material that almost borders on bathos.
Now, bearing in mind the quotation at the top of the page from President Obama’s
Democratic predecessor, let us look at comparisons between Germany in the 1920s
and America over eighty years later – the parallel to German war reparations
then is derivatives now.
To be continued…
The above data and research was compiled from sources
believed to be reliable. However, neither MBMG International Ltd nor its
officers can accept any liability for any errors or omissions in the above
article nor bear any responsibility for any losses achieved as a result of any
actions taken or not taken as a consequence of reading the above article. For
more information please contact Graham Macdonald on
[email protected]
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Snap Shots: by Harry Flashman
Perfect Timing
The photographs with this week’s column were sent to me by an old
friend, suggesting that they could be useful in one of the photography
columns for the newspaper, and when I downloaded them, I could only
agree.
Jet
plane crane.
However, there is much that can be learned from careful study of these
photographs, and “perfect timing” is not quite the name of the game
here. Let’s look at the first pic. I will, for the sake of the exercise,
presume that this is a genuine photograph, and not something that has
been ‘photo-shopped’ together to make the final image. To get the timing
right for this shot is almost impossible with the two variables being
the jet plane and its contrails and the flight of the crane (or heron).
Quite honestly, I believe this is one of those incredibly lucky shots
that might occur once in every photographer’s lifetime. Or on the other
hand, it probably is Mr. Photo-shop!
Soda
fountain.
The second photo is a different situation entirely. The soft drink can
could be placed, relative to the camera and the fountain in the
background, to give the impression of the spray coming from the can.
However, there are a few problems to be overcome, and the first is depth
of field. If the can is in focus and the fountain is not, the impression
is immediately lost. This shot requires great depth of field, which
would have been accomplished by having a small diameter aperture (which
equates to a large f stop number, as always remember that f16 is a
smaller aperture size than f 8). Another factor involved in depth of
field is the focal length of lens used. A telephoto lens shortens the
depth of field, whilst the ‘normal’ lens of around 50 mm and wider (down
to 28 mm) will increase the depth of field. Looking at the buildings in
the background and the foreground size of the woman and the can, I think
this would have been taken with the ‘normal’ focal length of 50 mm.
By using that aperture of f 16, the correct exposure for that shot would
require a shutter speed of around 1/30 second, and looking at the
fountain spray, that would appear to be the shutter speed selected, as
it is ‘foamy’ and not crystal sharp.
Now, did the photographer go out to get that shot, or did he stumble
across it by accident? My guess is that he (or she) went there to take
that shot, as the variables in the exposure (aperture and shutter speed)
and selected lens are just too much of a coincidence to have happened
all at the same time.
So what is the lesson for the amateur photographer? Well, the first is
to never believe anything you hear and about 50 percent of what you see!
The keen photographer should also sit down and work out how any shots
are actually accomplished. Some photo books will even state the exposure
details of the published shots, so before you go out to try and create
some ‘Perfect Timing’ shots of your own, you will have a rough idea of
what you want to take, and the necessary mechanics you will need.
By the way, I am not suggesting you rush out and slavishly take a
foaming can photograph this weekend, but the concept is one worth
remembering. There could be many shots with foam sprouting from some
object, or even a person, that would have impact. With a cloud
formation, you could put that in (apparent) contact with something else.
You could get tree branches growing out of someone’s ears. The
possibilities are endless, but please don’t wait for flight TG 03 and a
homecoming heron!
Modern Medicine:
by Dr. Iain Corness, Consultant
Beware the Black and Tarries
In many ways, we are all our own physicians, untrained
perhaps, but sufficiently savvy to spot things that are ‘different’ with our
daily bodily habitus. One of the readers discovered what happens if you
ignore warning signs in a very painful way, and sent me the following (and I
thank you Richard, I am sure it will help somebody out there).
(Richard’s story): Looking back I remember an acquaintance on the beach
saying to me for many years, the company doctor advising him to “Check his
poo, always, if it is black and tarry and sticks to the side of the toilet
there is something very wrong somewhere, get it checked immediately!”
I forgot his words of wisdom, I mean checking the color of one’s poo is not
high on the list of ‘Must do things’ is it?
About a month ago I stood up and suddenly keeled over, I had been feeling
strange for a few days before. I lay on the bed and began shaking very badly
as people do in the films just before they are about to die and I thought I
was a goner, as I would have been according to the Doctor had my friends not
gotten me into hospital in record time.
In emergency I suddenly needed a bed pan, and apparently pints of blood came
pouring out, more followed.
It seems I had had a hole in the side of my stomach for some time which
suddenly got bigger and blood was leaking into my stomach. The doctor at
emergency told my friends if they had put me to bed and waited to see if I
felt better later there was a good chance I would have died, my blood
pressure was almost non existent and my kidneys had failed. I had blood
transfusion after blood transfusion
The next morning the Specialist went through my gullet into my stomach and
managed somehow to close the hole, the hospital very kindly gave me a CD of
the operation but I have no desire to watch it at the moment
I was in intensive care for five days, nil by mouth and had more drips going
into me than my laptop has connections. I was then transferred to the
hospital and given a very strong purge to make sure there was no blood
leaking into the intestines.
The Dr. said aspirin might have contributed to the ulcer, my heart Dr.
prescribed an aspirin every day to thin the blood down. I injured my back
doing something stupid and another Dr. prescribed some pain killers which
also contained aspirin. Too much aspirin seems not to be a good idea!
Another five days and I was allowed to go home, my poo having settled down
to being the same color as my cornflakes, with strict instructions, only
soft food, nothing spicy, no alcohol and to drink plenty of water and strict
instructions if my poo was dark at anytime to go straight back to the
hospital.
I had been taking aspirin along with my blood pressure tablets and the
Doctor said to stop taking them as aspirin over a long period could have
caused the ulcer.
After a month an outpatients visit to the doctor with a sample of my poo and
urine, after the results of a blood test, everything was fine, but I still
have to follow the first instructions and inspect the color of my poo
without fail, not the most interesting part of my day!
Another outpatients visit in another month when I hope I will be cleared to
eat what I want and enjoy a glass of wine with my dinner.
So, dear readers, a word of warning, check the color of your poo and if it
is black and sticky ‘You are in the sh*t!’
If you have been eating a lot of beetroot one’s poo may be a reddish colour,
but that is because of the beetroot, not blood, so panic yea not
My sincere hopes what happened to me will never happen to any one of you!
(R.W)
(Dr. Iain: Thank you Richard. Yes, do check your poo, and remember any
deviation from the normal color is a warning.)
Heart to Heart with Hillary
Dear Hillary,
I notice over the years (and that’s a few now) that you frequently put out the
call for Belgian chocolates. I have been thinking about sending you some, but
where do you get these chocolates?
Henry
Dear Henry,
Are you kidding me? Or do you have some sort of learning problem that we
shouldn’t speak about? Belgian chocolates come from Belgium! However, here’s a
little known secret, there are companies in Bangkok that make Belgian chocolate
to original Belgian recipes. There is a Belgian owned company, run by Managing
Director Jean-Louis Graindorge who took over the chocolate making business from
his father. There you are Henry, I’ve done all the leg-work for you. Now all you
have to do is drop a box off at the office, clearly marked “For Hillary Only!”
Of course they go down even better with some bubbles, French by choice. Hint,
hint, nudge, nudge, nudge, wink, wink.
Dear Hillary,
Can you trust a bar girl? Why I ask is that you are telling us to look for the
‘good’ girls, but at my age, I haven’t got the time or effort to be playing the
dating game. I did that years ago in my own country and look at all the good
that brought me! I’ve met some really nice ones, and they are available, which
is more than your ‘nice’ ones. How do we mature guys find the diamonds?
Alfie
Dear Alfie,
Finding diamonds is a bit like panning for gold they tell me. You get a fine
sieve and put the stones and gravel in, wash with water, shake a lot, pray even
more and if you are very, very lucky you might find a diamond caught in the
mesh. It’s a bit hard to do that down at Perfect Match A Go-Go, isn’t it, Alfie
my Petal. What you have to remember is that the girls that work in bars are
there to make money. That’s their ‘regular’ job, and you are the supplier of
that money. Can you trust a bar girl? You can be sure they are good at handling
money, the more the merrier, and some of it, or all of it, will be yours!
Provided you understand the basis of the relationship with your “available”
ladies, and keep your eyes open and your wallet closed, you will be fine.
Hi Hillary,
You are just the person I need to sort out a couple of friends in the UK. They
came over last year with a pocket of blue diamonds and talk about kids in the
candy shop! Since then, Jack, the eldest one has had a heart attack and George,
the other fat one looks like he’s next to go. How do I arrange some nice slow
times for them? And even some ideas on how I can keep them under control. I
don’t want to have to send them home in a wooden box. I’ve told them that they
have to slow down, but they’re ignoring that side of things. What’s next?
George
Dear George,
What’s next? Problems I guess! Now, how old are these friends of yours? 22 and
23? It sounds like it, or is it 62 and 63 minus 40 for the Vitamin V they will
be taking by the handful when they get here? George, sometimes you can’t help
people, and you might be in that situation, my Petal. You know what they are
coming over for, so probably the best thing you can do is make sure they have
travel insurance! Perhaps arranging that they have the same company for the time
they are here might also stop the bull in the china shop! Lots of luck. They’ll
need it by the sounds of it.
Dear Hillary,
Just a quick question. Where would you suggest we go for our first trip to
Thailand? We’re a middle aged couple, but broad minded, and would like to see
something of the country in the two weeks we will be there.
Joyce
Dear Joyce,
For a first trip, do it all by the travel agent’s arrangements. Tours will
happen and you will be quite safe. I suggest Bangkok (temples and palaces),
Chiang Mai (elephants and mountains), Pattaya (nightlife and golf) and Phuket
(beaches).
G’Day, Aunt DD Plus,
Pater has decided to have his Roller shipped over to protect it from the amorous
advances of Daisy the Friesian. You would love Daisy, Hillary. Much more cuddly
than a buffalo and the best set of teats in the business!
Mistersingha
Dear Mistersingha,
Do you honestly think that either the readers or myself are interested in your
claims that your father owns a fancy expensive motor car? There would be as much
substance in that as all your other claims over the years as far as the
chocolates and French fizzwater is concerned. And as far as Daisy the Friesian
is concerned, Friesians have always been good milkers, whether they are called
Daisy or Dozy (which would be more appropriate for your family, I think).
Mistersingha, my Petal, I don’t really know how to say this nicely, but I think
you have a severe problem. You should get some professional help. I cannot help
you, so no more letters please. Just desist, as I cannot in all conscience
expose the readership to this kind of communication. Goodbye Mistersingha.
Let’s go to the movies:
by Mark Gernpy
Now playing in
Pattaya
G.I. Joe: The Rise of Cobra: US, Action/ Adventure/ Sci-Fi/
Thriller – From Hasbro we get another action-adventure film based on
toys, like Transformers. “From the Egyptian desert to deep below
the polar ice caps, the elite G.I. Joe team uses the latest in
next-generation spy and military equipment to fight a corrupt arms
dealer and the growing threat of the mysterious Cobra organization to
prevent them from plunging the world into chaos.” The term “G.I. Joe”
here refers to a Hasbro-created military-themed line of action figures
and toys which lasted from 1982 to 1994, and included over 500 different
figures and 250 vehicles and playsets. A series of comics were printed
as part of the promotion package. With Dennis Quaid, Channing Tatum,
Marlon Wayans.
Sam Chuk: Thai, Drama – Based on a true story, this is a rarity for
Thailand: a social issues film, exploring the lives of seven teenagers
who are entangled with and devastated by drug use in a small province
called Sam Chuk. Their local teacher tries to teach them to cope with
their problems.
The Taking of Pelham 1 2 3: US/ UK, Crime/ Drama/ Thriller – I found
it a thoroughly engrossing and exciting film, and a satisfying dramatic
experience – everything Public Enemies tried for and failed to
achieve (in my opinion.) Denzel Washington plays a New York City subway
dispatcher whose day is thrown into chaos by an audacious crime: the
hijacking of a subway train. The criminal mastermind, played by John
Travolta, is the leader of a gang who threatens to execute the train’s
passengers unless a large ransom is paid within one hour. Rated R in
the US for violence and pervasive language. Mixed or average reviews.
6:66 Death Happens / tai mai dai tai: Thai, Horror – A crime
reporter starts seeing weird and scary things after someone who was
supposed to die doesn’t die, causing a rip in the fabric between life
and death, or something like that. A dreadful movie, to gauge from the
previews and posters.
Public Enemies: US, Action/ Crime/ Drama/ History – I think it’s a
mess, albeit a brilliant mess, but I don’t want to unnecessarily
discourage you from seeing it, because it offers many pleasures. It’s an
impeccably crafted film, with some fine performances, vast attention to
period detail, an innovative use of high-definition video instead of
film, and a fascinating era recreated. Still, it’s a hodge-podge in my
opinion, and doesn’t gel into anything coherent. Johnny Depp plays the
criminal John Dillinger and Christian Bale plays government agent Melvin
Purvis in a Great Depression-era drama about the fledgling FBI’s
attempts to end a crime wave. Rated R in the US for gangster violence
and some language. Generally favorable reviews.
Director Michael Mann has been accused of bringing what has been dubbed
the “MTV Look” first to television drama and then to films, a look which
favors style over substance and technique over storytelling, in the
“short attention span” manner of the MTV cable network. That’s the
overwhelming impression I get here. The style and the techniques are
truly impressive, but Mann has said, “The biggest struggle, for me is
always: Get the story to work,” he said. “The story has to be about the
inner experience of [Dillinger], so that by the end, it’s not about him
getting shot. Is your heart with him? Do you know him? That’s the
battle.”
A battle I think he truly lost in this instance.
Dear Galileo: Thai, Comedy/ Drama – A pleasant enough diversion
about two Thai girls on their own in Europe – low-keyed and low-powered,
slow and meandering. From Nithiwat Tharathorn as he continues his
examination of students in love: two girls backpack for a year in
London, Paris, and Rome.
Harry Potter and the Half-Blood Prince: US/ UK, Adventure/ Fantasy/
Romance – This, the latest and darkest Harry Potter episode, is a
dazzling film, with brilliant cinematography, fantastic effects, and
moments of emotional power. I think you’ll find it incoherent unless
you’re a close follower of the previous films, or have immersed yourself
in the books. If not, large sections of the film will make absolutely
no sense whatsoever, because all the characters seem to know things the
audience is never privy to. Generally favorable reviews.
Thick as Thieves / The Code: US/ Germany, Crime – A master thief
recruits a younger crook to help him steal two famous Faberge eggs.
With Morgan Freeman, Antonio Banderas. Savagely poor reviews with a few
which say it’s an OK time-waster. Rated R in the US for sexuality,
language, and some nudity.
Ice Age 3: Dawn of the Dinosaurs [in 3D]: US, Animation/ Comedy – If
you enjoyed the previous two installments, you should like this one.
Mixed or average reviews.
Wongkamlao: Thai, Comedy/ Family – Popular comedian turned director
Mum Jokmok directs and stars in this quite well-received romantic
comedy.
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