Posts Tagged ‘Greece’
I read an interesting article on this subject.
I have posted a blog observing that the information I studied about 50 years back are still being touted as the latest, despite the Scientists declaring, at every Total Solar Eclipse, that they are gathering information about The Sun and will reveal the secrets!
If they have found it, then it is well-kept secret.
In this confusion people do not seem to realize we know very little or next to nothing on Gravity or Electromagnetic Field.
I have posts on this and these are under Astrophysics.
We often mistake Technology or application of Science as Advancement of Theoretical Science.
Refer my posts under Science.
Now in path breaking Find, the reason for the Sun being hotter outside the Sun than the inside.
Onto The Article.
In a Nov. 5, 1997 NASA news conference, Dr. Alan Title said: “We have finally solved a 55 year old puzzle; why is it hundreds of times hotter outside the Sun than inside. The Sun is surrounded by the equivalent of an electric blanket. The blanket is heated by magnetism, however, not by electricity.” What they discovered is the electromagnetic energy fields depicted in the photo.
A Feb. 28, 2001 NASA program, Space Science Update, contained photos and information gathered by the SOHO, IMAGE ad polar satellites. Dr. Craig De Forest, said: “This is what the Sun looks like today. You can see it’s completely covered by active regions. They look like flames all over the surface that were caused by the emergence of new magnetic fields that opposes the direction of the old field. And they’re causing really exciting and dramatic events on the Sun; the largest explosions of the solar system and also profound effects here on Earth”.
What the satellites revealed very vividly is the unnoticed swirling magnetic fields and the electromagnetic energy loops connecting the circular magnetic fields around the high and low pressure areas depicted in the Oct. 17, 1990 Daily Californian newspaper photo over 22 years ago.. Since then many videos have been taken of the visible, vivid electromagnetic field current loops on the Sun. (see Click to see the page one – newspaper article from the Daily Californian Page 2
‘At a University of Cal. Berkeley conference in 1995, researchers from Greece described how they monitor Earth’s natural electromagnetic fields to predict quakes. Panaylotis Varotoas of the University of Athens, said: “There is a long–duration electrical anomaly before an earthquake,” and Stanford Researcher Tony Fraser-Smith, reported detecting an unusual surge in electromagnetic activity on the peninsula shortly before the 1989 Loma Prieta quake.
Then in 1990, Dr. Kirsch was Director of the Reuben Science Center when Mr. Patrick Glynn, Program Director of Copley Radio News Service tried to get one of their scientists to participate in a three way discussion of my concept. Dr. Kirsch replied in a letter dated March 14, 1990: “Mr. Chromie’s concept encompasses a number of disciplines including geology, physics and chemistry as well as astronomy. It may be difficult to find someone who is an expert in all of these fields, but we would suggest that you approach some of the researchers he refers to in his letter. These researchers would be ‘experts’ rather than generalists like our staff, and the resulting discussion would reflect up-to-the-minute research information to produce a highly interesting interview for your news service.”
I received the following 3 sentences in an e-mail from Gijs on March 28, 2013.
- Magnetism is something we totally forgot. (Since Einstein’s mass came mainstream and by that gravity won the headlines in physics). (Magnetism as driving factor behind many things is rediscovered aka emerging very fast in physics)
Imagine the progress that could have been made in science since 1978 if the scientists seriously began considering the concept of magnetism I have been trying to convince them is as important as they now recognize! For instance, I have received letters from the Editorial Director, Tim Chelling, of our local station KCS-TV, dated Feb. 12, 1979, stating “Thank you for your letter of Jan. 22 regarding electrical energy and other mysteries of physics.”
Walter Sullivan, Science Editor of The New York Times, in a letter dated April 18, 1979, wrote “Thank you for your letter sharing with us your ideas on the role of electromagnetism in the solar system.”
In a letter dated June 23, 1980, Pamela Cantori of the program Real People, wrote: “I have passed this information along to the head researcher of “Speak Up, America” and they will be researching it for the show”
- Video Shows Plasma Rain on the Surface of the Sun (escapistmagazine.com)
Most of us are aware of the Financial Crisis, when the Government seized amounts from the Bank account of small investors to manage its financial crisis, which triggered of a run on Banks . by people rushing to ATMs to withdraw their cash.
Under this dispensation,Deposits under 100,000 euros will be protected.
The reasoning behind this is that these amount are (small amounts) are protected by Insurance!
I fail to understand that the Government will be losing the money appropriated ((or Misappropriated) by way of the payment by the Insurers.
Even if the Insurance firms belong to private Sector, it will drive inflation further.
I do not know which Economic Genius thought out this plan!
More than this is an interesting perspective from the ‘Business Insider“
Now banks in EU may tap and seize your savings!
How long will it take to reach India?
I have been voicing about the inefficacy of the Keynesian Economics in my columns for quite some time.
First came Argentina,then Greece, Ireland,now Cyprus.
Western countries rm down an economic system which is not savings oriented, but spending oriented on unsuspecting Nations by way of lending and squeeze when the Note is due, like Germany has done now to Cyprus.
As expected, Cyprus and the EU reached a new late-night bailout deal last night that will reduce the chance that Cyprus’s financial system and economy will completely implode.
The new deal is better than the last deal in one key respect:
- Deposits under 100,000 euros will be protected
That’s very important. Those deposits were ostensibly “insured.” To seize them, the way the last bailout deal would have, would have been grossly unfair and would have set a truly alarming precedent.
Now, small depositors in European banks can breathe more easily. At least in this case of gross malpractice on the part of reckless bank managers, their life savings have been preserved.
Alas, the good news ends there.
Although deposits under 100,000 euros will be spared, deposits over 100,000 euros will be seized and subjected to an as-yet undetermined haircut–with the confiscated money going to bail out the gambling losses of the aforementioned reckless idiots who run some of Cyprus’s banks.
This seizure, needless to say, will dampen the enthusiasm of rich depositors for keeping money in banks that get themselves into financial trouble.
And because many, many banks in Europe have gotten themselves into financial trouble, this will create a general state of unease among rich depositors throughout the Eurozone.
And it should wig out some bank lenders, as well.
After all, never before in the history of this global financial crisis has a major banking system allowed depositors to lose money, no matter how reckless and stupid and greedy their bank managers have been. And only rarely have bank lenders–those who hold bank bonds–been asked to pony up.
In this case, however, the depositors will lose money. Perhaps a lot of money. And if there had been big bank debtholders in Cyprus, they probably would have been socked with losses, too.
It’s possible that everyone will just laugh off Cyprus, viewing it as an exceptional one-off. After all, the Cyprus banking system was notorious for being the offshore money-laundering arm of many Russian oligarchs, so many folks will likely view this asset seizure as a case of “just desserts.”
But this optimistic view of the Cyprus horrorshow overlooks one key fact:
The main reason that Cyprus depositors will lose their cash is because it has become politically difficult (impossible?) for leaders in Germany and other rich European countries to bail out their brethren in the “periphery” without taking many pounds of flesh.
And it is that precedent, in addition to the fate of big depositors in Cyprus, that should spook Europe’s big bank depositors and lenders.
If Germany is done bailing out countries and banks without having those countries and banks cover some of the cost, it’s not clear why Germany will relent next time Spain, Italy, Greece, and other countries in near-desperately bad financial shape come rushing to the EU with their hands out.
Unlike Cyprus, the banking systems in these countries do have bondholders that can get haircut before the depositors get haircut, but the effect will be the same.
For the first time since the collapse of Lehman Brothers, those who lend their money to banks or keep their money in banks are at risk.
Because the neighborhood loan shark (Germany) is now extracting much more onerous terms.
One redeeming feature is , no one has been arrested..as yet!
ATHENS — A former Greek culture minister, several employees of the Finance Ministry and a number of business leaders are on a list of more than 2,000 Greeks said to have accounts in a Swiss bank, according to a respected investigative magazine. The Greek magazine, Hot Doc, published the list on Saturday, raising the stakes in a heated battle over which current and former government officials had seen the original list passed on by France two years ago — and whether they had used it to check for possible tax evasion….
Hot Doc said its version of the list matches the one that Christine Lagarde, then the French finance minister and now the head of the International Monetary Fund, had given her Greek counterpart in 2010 to help Greece crack down on rampant tax evasion as it was trying to steady its economy. The 2,059 people on the list are said to have had accounts in a Geneva branch of HSBC.
Questions about the handling of the original list reached a near frenzy in Athens last week as two former finance ministers were pressed to explain why the government appeared to have taken no action on the list. The subject has touched a nerve among average Greeks at a time when the Parliament is expected to vote on a new 13.5 billion euro austerity package that could further reduce their standards of living.
The publication of the list is likely to exacerbate Greeks’ anger that their political leaders might have been reluctant to investigate the business elite, with whom they often have close ties, even as middle- and lower-class Greeks have struggled with higher taxes and increasingly ardent tax collectors.
Hours after the magazine hit newsstands, Athens prosecutors issued a warrant for the arrest of Kostas Vaxevanis, the owner and editor of Hot Doc, “where names from the Lagarde list have been published,” the Athens police said in a statement on their Web site. They said he was sought on misdemeanor charges; the Greek media reported that the charges were related to violating the privacy of those on the list.
The following is a list of 2,059 names of Greek citizens that have bank accounts with HSBC’s branch in Geneva, Switzerland. The list was originally published by a Greek magazine called Hot Doc on October 27, 2012 resulting in the arrest of its editor Kostas Vaxevanis for “breach of privacy”. These scanned images of the magazine were originally posted on the website of the Greek television program Zougla. We have taken the images and converted them into a PDF file for easier viewing. The original scanned images of the magazine are also available in a ZIP archive. Thanks toDarker Net for pointing out the scanned images.
Everyone has the other side.
Britain has gone Queen mad this weekend with a four-day festival to celebrate 60 years on the throne. Here are some little known facts about her majesty and her cohorts.
2. Servants must freeze in place and avoid eye contact if they run into one of the royals in the hallway or corridor
3. She’s very small, officially 5 foot 3 inches but most believe she’s really about 5 foot 1
5. The Queen once entertained an intruder in her bedroom for several minutes until security arrived.
7. If she lives three more years she outlasts Victoria as the longest reigning monarch ever.
8. Prince Phillip once remarked about his daughter Princess Anne’s obsession with horses, “If it doesn’t fart or eat hay she’s not interested.”
9. She loves hunting and shooting animals on her Scottish estate
10. She says her trip to Ireland was one of the highlights of her long reign