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rpannier

Profile Information

Gender: Male
Current location: Boseong
Member since: Fri Jan 30, 2004, 05:44 AM
Number of posts: 21,764

Journal Archives

Something I don't get

Remember the opening scene in the Lion King where baby Simba is held up before all the animals and they bow. I mean, they are bowing for a predator that, given the chance, will hunt down and kill all of them. It just is so weird. I mean, no creature would be so stup...

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South Korean pension fund deals blow to Elliott in Hyundai fight

SEOUL (Reuters) - Elliott Management received a potentially fatal blow in its proxy fight to shake up South Korea’s Hyundai Motor Group on Thursday when major shareholder the National Pension Service (NPS) said it would vote down the U.S. hedge fund’s proposals.

Elliott, founded by billionaire Paul Singer, has been battling to get South Korea’s No.2 conglomerate to return excess capital to shareholders and fix governance problems since May last year when it scuppered a restructuring plan. [L4N1RG5BG]

The fund has demanded 7 trillion won ($6.2 billion) in one-off dividend payments and seats on the boards of group companies Hyundai Motor and Hyundai Mobis, in proposals to be put to a shareholder vote on March 22. Hyundai has rejected the proposals.

snip

The U.S. fund however says that even after the payout, Hyundai’s net cash level will be in line with industry peers. Elliott has also raised concerns that Hyundai’s excess capital will be used to fund non-core projects, citing the group’s $10 billion investment in land for its headquarters in 2014.

link
https://www.reuters.com/article/us-hyundai-motor-nps/south-korean-pension-fund-deals-blow-to-elliott-in-hyundai-fight-idUSKCN1QV0DO

Excess capital

Typical Hedge fund/republikkan thinking... You have excess money (rainy day fund, capital improvements, etc)... No. Spend it immediately

One soldier to face charges over Bloody Sunday killings

Only one former paratrooper is to be charged in connection with the killings of civil rights demonstrators in Northern Ireland on Bloody Sunday in January 1972.

The decision was announced by Northern Ireland’s Public Prosecution Service (PPS) after relatives of the 13 people who died on one of the darkest days of the Troubles, had marched together through the streets of Derry where the victims fell.

The director of public prosecutions for Northern Ireland, Stephen Herron, said: “It has been concluded that there is sufficient available evidence to prosecute one former soldier, Soldier F, for the murder of James Wray and William McKinney, and for the attempted murders of Joseph Friel, Michael Quinn, Joe Mahon and Patrick O’Donnell.

link
https://www.theguardian.com/uk-news/2019/mar/14/one-soldier-to-face-charges-over-bloody-sunday-killings

The Killing Times: A Massacre Map (Australia)

The colonisation of Australia is at the heart of calls for a national truth-telling process. This map tells the stories that have long been kept out of our history books. It shows evidence of mass killings from 1788 until 1928: a sustained and systematic process of conflict and expansion.

snip

The mapping of our turbulent history is happening in many forms across the country, through painstaking research by historians, archaeologists, artists and descendants on all sides. The process is ongoing, and this data is incomplete. In particular, more sites in Western Australia are expected to be added. We will update this site as more information comes to light.

https://www.theguardian.com/australia-news/ng-interactive/2019/mar/04/massacre-map-australia-the-killing-times-frontier-wars

March 3rd, Hina Matsuri. Japanese Festival for Girls

Today, I leave to visit the family in Japan. Wife and girls have been living there for the past year, I move later in March. But, that's for another post.
March 3rd is Hina Matsuri, the Doll Festival. Hina Matsuri dates back to the Heian Era, it is about one thousand years old and it is a day for girls. This will be their first one.

Preparations for the festival and some activities have already begun.

Hina Matsuri is a day for families to pray for the well-being and success of their young daughters. The girls will present the dolls on a five tiered platform; on the Top Tier will go two dolls, the Dairi-bini, the Imperial dolls, though they do not represent the Imperial Family (all the girls received a pair of these from their grandfather when they were born. But, we bought new ones for this event)
the Second Tier the Court Ladies (3 dolls) called the San-nin Kanjo,
Third Tier is the Go-nin Bayashi, the musicians(5 dolls: four hold instruments and one holds a fan),
Fourth Tier Guardians and Ministers (2 dolls with other ornaments) called theDaijin,
Fifth Tier helpers and protectors (three dolls), called the Shijo,
The Sixth Tier items used in the palace, seventh tier items used outside the palace.
The full platform and dolls are rather expensive (we paid almost $10,000 for a set). But it is their first Hina Matsuri and it is an important cultural event. The display will also be used every year, rather than just once.
We live in Kanagawa and there will be many events in the area to celebrate. By tradition the dolls are placed in boats and set out into the water. The girls will make paper and/or straw dolls as well and set them adrift with their friends from school. This is symbolic of carrying away their imperfections and impurities.

In addition to the dolls, Shirozake (white rice wine), Hishi Mochi (three layered rice cake), and peach blossoms will also be displayed with the dolls.
Hishi mochi has three symbolic colors: White represents the pure and cleansing snow; the pinkish-red color to symbolize peach blossoms; and green represents the coming of spring. The cake's rhomboid shape is the symbol of fertility.
Eaten on Hina Matsuri is Chirashizushi, sushi with clam soup, and hina arare a rice cracker that is only sold for Hina Matsuri.

If you're ever in Japan, I am told that Katsuura Big Hina in Chiba is the biggest and best of the Hina Matsuri Festivals. Over 40,000 dolls are displayed in five areas around the city. The temples, businesses, schools and community groups place dolls in one of the five locations. Some dolls displayed are over one hundred years old. (maybe next year we'll go)

Tokyo has the Hyakudan Hina Matsuri. The Edo Nagashi Bina includes the tradition of setting the dolls adrift in the Sumida River.

Although the event is for younger girls (about 11 and under), all of ours will participate this year because it is their first time. Prior to living in Japan, we lived in Korea, and school begins on March 1st, so we could never take them. Some of the older girls friends are participating with them. So, it will be fun.

Romualdo Pacheco

Who is Romualdo Pacheco you may ask?

First, the City of Pacheco, California is named for him.

Pacheco was born in California when it was still Mexican Territory

He was the 12th Governor of California, a Republican, he is the only Hispanic to serve as Governor of California since statehood. He was also the only governor to have been born in the state before statehood.

He served three terms in the U.S. House of Representatives, the first Hispanic to serve in the House elected from any state. (The others before him were delegates from U.S. territories, and thus had no voting privileges) He was the first Hispanic Representative to chair a committee, heading up the Committee on Private Land Claims.
His first election for House was unusual, in that, he won his election by one vote. His opponent Rep. Wiggington, the incumbent, contested it. Pacheco was sworn in and sent to D.C. The recount found Wiggington the winner. He came back to California and two years later won that seat.

He was Lieutenant Governor, he replaced Governor Booth when Booth got elected to the Senate.
While Lt. Governor he was also the prison warden at San Quentin

He was elected to state Treasurer in 1863

In 1857, he was elected to the state senate as a Democrat

In 1861, he commanded the First Brigade of the state militia. His primary responsibility was to disarm all non-Union companies in Los Angeles County through 1862.

Pacheco also served as U.S. Minister to Guatemala, El Salvador, Honduras, Costa Rica and Nicaragua -- all at the same time in 1861. Only Honduras and Guatemala would he serve longer than several months (1861-3 for both).
My what different times we live

He was a vocal member of the anti-slavery movement.
He was the go-between for Mexican President Juarez and prominent Californians in Mexico's war with France.
He was a Superior Court Judge

A couple of places where I found information about Mr Pacheco

https://history.house.gov/People/Listing/P/PACHECO,-Romualdo-(P000003)/
http://www.findingdulcinea.com/features/profiles/p/romualdo-pacheco.html

Astronomers Have Revealed The Biggest Meteor Shower Ever Recorded In The Solar System

On our planet, we’re quite in luck if we see a few hundred meteors an hour during a meteor shower. But if you were on Mars about three years ago, nevertheless, you would have witnessed something extraordinary – 108,000 meteors per hour, the biggest meteor shower ever in recorded history on any planet.

This meteor shower was a result of Comet C/2013 A1 (Siding Spring) zipping past the planet on October 19, 2014. We were lucky to have a spacecraft in circling the planet back then, and what they observed was unbelievable.

link:
http://www.physics-astronomy.com/2017/09/astronomers-have-revealed-biggest.html#.XHTnhaBS-M8

Federal Reserve Bank of NY: 7 million people are 90+ behind on car pymt

This is quite bad. Makes you wonder how many other bills they're unable to pay?
Also reported that 60% of all credit racked up over the past 10 years is in China

http://fortune.com/2019/02/12/americans-late-on-car-payments/

https://www.washingtonpost.com/business/2019/02/12/record-million-americans-are-months-behind-their-car-payments-red-flag-economy/?utm_term=.af8cfb1b9d7c

https://libertystreeteconomics.newyorkfed.org/

When Animals Appear at Sporting Events (PIC HEAVY)


FC Barcelona Cat


Giraffes walking for the next hole.


Squirrel corralled at Man City. Could be a fan. He looks excited


Cat and Everton Goalkeeper


Bees in Kansas City. After the incident, Royals manager Ned Yost said, “It’s just important for the environment… in terms of pollination with all the crops.”


Kangaroo golfers


BIRDS!!!!! Alfred Hitchcock may have been right.


BEES!!!!!!!!!!!!!!!


Mick Fanning at the World Surf League, Jeffrey's Bay. The shark is tangled in Fanning's surf leash


A dog ran onto the pitch between Macedonia FK Vardar and Rosenborg of Norway.


No he's not dancing. A bat got into the arena

Lyndon La Rouche dead at 96

The Alex Jones, before there was Alex Jones has passed on to his great reward.
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