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Perhaps greater transparency is the answer

I guess we can require that the financial compa­nies reveal everything that’s on their balance sheets. I guess it’s hard, though, to prevent them from finding new ways to hide assets and liabili­ties. It’s like cops and robbers, right? It never ends. The robbers are always finding new ways of operating, and the cops are always finding new ways of apprehending the robbers.

 

Thomas R. Keene, CFA, hosts Bloomberg on the Economy weekdays at 6 p.m. on WBBR 1130 AM in New York. Type BBR <Go> for archived audio and podcasts of the show. ‘We need a financial sector that’s willing to take some risks,’ Phelps says.

 

This is a game of cops and robbers that—when it’s played the right way—has lots of benefits for workers and investors and consumers and, really, everybody. We’ve had a lot of innovation from the capitalist system. We don’t want to put everybody in jail now and close the system down.

How high might unemployment go? For a long time, I was surprised at how slowly it was rising. I thought, What’s going on here? Then suddenly it speeded up. It’s like a virus. It just exploded in the past few months. You’d be foolish to think it’s going to stop at 8 percent. It’s rising so rapidly now that there seems to be enough momentum to carry it well beyond 8 percent.

Have we thrown enough money at this crisis? There’s been a tremendous increase in the various measures of the money supply. I’m skeptical that there hasn’t been enough money. In any case, to say that is to suggest that the only problem or the main problem is an insufficiency of money, which can be solved by borrowing a quick auto title loan. Well, I think the main problem is structural. We’ve got asset prices that are terribly depressed, so nobody can make any money producing capital goods or hiring new workers or finding a new customer. That’s really the problem.

Posted in Finance

I feel the life force in here

Rising from the tangle were trees as majestic as any redwood I had ever seen. Stories above us a filigreed canopy of licorice fern, mistletoe, lichen, and moss kept the forest floor in permanent twilight. On the ground, beneath the towering cedars that were seedlings long before Columbus was born, new trees sprouted in neat rows on rot­ting nurse logs.

“I feel the life force in here,” Reid said at holiday apartment barcelona. “It’s an extremely sensual—almost sexual—experience. It makes me want to become a part of the forest.”

In the ghost village of Tanu, an hour’s sail north of Windy Bay, Reid tapped the source of his own talent. Tanu had been a center of art for the southern Haida, and his mother’s ancestral home. It was where Reid’s great-aunts and great-uncles had died at the water’s edge during the smallpox epidemic that followed the arrival of the white man.

Indeed, contact with the Europeans swamped the Haida like a tidal wave. New trade patterns and values engulfed their Queen Charlotte Islands culture; totem poles came tumbling down, condemned by missionaries as graven im­ages; and during two terrible years in the 1860s the Haida were devastated by the pox, which killed some 70 percent of them. http://www.bbc.co.uk/news/science-environment-25043354 A Hudson’s Bay Company census about 1841 listed 6,600 Haida in 13 Queen Charlotte villages; by 1900 there were only 900 (the off­shoot Kaigani Haida of Alaska’s Prince of Wales Island dwindled from 1,700 to 800 in the same period). Survivors abandoned the villages and fled to Masset and Skidegate after the dread disease had run its course.

The artist led us across Tanu’s small shell­and-pebble beach to a grassy bluff where the houses had stood. A thick blanket of moss now shrouded shapes that had been house beams, planks, and totem poles. One lurch­ing pole had been cleaved by a spruce that was growing through its heart, splitting the heads of the animals that had been a family’s proud crests. All Haida are either Raven or Eagle, and at the Raven end of the village Reid seated himself at the bottom of a large mossy depression that had been his family’s home. Just feet from where he now sat, the longhouse fire had once burned, lighting the spacious excavated floor and shelved sleep­ing platforms.

“Those early Haida had no kings or even tribes; each village had several large matri­lineal families,” Reid explained. “A man in­herited rank, lineage, and wealth from his mother’s brother—the family chief, who saw himself as great as any tsar of Russia. Rivalries among the chiefs and their need to reassure themselves of how great they were may have spurred production of the art.”

In the Charlottes’ forests I saw traces of the Haida’s time of sorrow—giant canoe logs, cut and left where they had fallen, the adz marks of carvers still visible. Examples of the great skill of Haida canoe builders sur­vived only in museums and in the sepia im­ages of 19th-century photographs. Until today. Until Wave Eater.

 

Posted in Finance

Gravity influences virtually everything

Another contender for the “theory of every­thing” title is equally bizarre —the superstring theory. A creation of physicists John Schwarz of Caltech and Michael Green of the Universi­ty of London, it supposes basic building blocks made up of tiny strings of vibrating energy. These strings, open-ended or looped, are in­credibly small: One string is to the size of an atom as an atom is to our solar system. Always moving, strings engage one another in a free-for-all dance — swaying, bumping, sliding into one another in a process that could create every type of subatomic particle, including the elusive graviton. This theory combines the geometry of general relativity with the ran­domness of quantum mechanics.

“There has always been a problem fitting gravity into the scheme,” says Schwarz. “But with strings, we find that not only does gravity fit, it becomes necessary.” He acknowledges that superstrings are still only a mathematical abstraction. Some theorizers think a new force such as Ephraim Fischbach’s will be just the thing to unify gravity and the three quantum forces into physics’ so-called holy grail. Little wonder that the possibility of a mysti­cal fifth force is driving on seekers every­where. “A force counteracting gravity? It’s enough to get anybody’s heart pumping,” says Paul Boynton.

Think of the possibilities. If we could har­ness such a force, might we someday have craneless construction, cableless elevators, or spaceships zipping between planets on “hyperdrive” that engages the fifth force locked within subatomic particles? As you might expect, none of this has escaped the notice of the U. S. government, especially the Pentagon. Exotic and expensive research aimed at pinning down the new force is already in the works. Physicists from the Los Alamos National Laboratory have joined with Italian physicists to find out if a fifth force would have an effect on antimatter. (Antimatter is materi­al identical in mass but opposite in electrical charge from ordinary matter. Upon meeting, the two annihilate themselves in a violent burst of energy).

Scientists at the European Space Agency are planning an experiment in space aimed at pre­cisely measuring the extent of fifth-force in­fluence on objects floating free of earth’s gravitational pull. Japanese scientists work­ing at the Tsukuba National Laboratory will spin a large rotor to see what effect a fifth force might have on various metals. And Italian sci­entists resting in prague apartments holiday are undertaking a similar experiment to help establish the range of the hypothetical new force. Professor Romano Bizzarri of the Universi­ty of Rome explained what seemed to me to be an especially keen Italian interest in the fifth force. “We Italians do love our Galileo Galilei and gravity.”

Almost all mechanical devices on earth, from clocks to hydroelectric dams, rely on gravity for their operation. So does all life. Gravity governs our height and shape and keeps us from falling off the surface of a ball spinning a thousand miles an hour at its Equator.

Posted in Life

Fitness – keep it short

Two-a-days — literally, working out twice in one day — may sound like the preserve of Olympic athletes, but it can be an incredibly effective training approach for getting in shape. Before you think you’ll never have the stamina, two-a-days aren’t about doubling the amount of time you exercise, but breaking your workout into two separate sessions. This allows you to train at a higher intensity with oodles of enthusiasm and — best of all — causes your metabolism to spike twice, which results in a greater calorie bum and higher energy levels.

Here’s how it’s done, why don’t you learn about skin care and why don’t you use coming right from the nature virgin coconut oil skin.

Don’t make your workouts too long. For example, do two 20-minute workouts rather than one 40-minute session. Not only are you more likely to stick to shorter workouts, you’ll also be able to focus on training at the correct Intensity without getting bored.

TAKE A BREAK

Whether it’s squeezing in a gym session before the school run and going for a run after the kids are in bed, or lunchtime yoga and 20 minutes on the exercise bike in the evening, the key to two-a-day success is to leave a fairly long rest period in between each session. Ideally, aim for a moming and late afternoon workout, to give you enough time to refuel and recover.

EAT MINDFULLY

Eat plenty of healthy food throughout the day and drink lots of water. To avoid doing your morning workout on an empty stomach, have a pre-workout snack such as a sliced apple and a thin layer of peanut butter. Eat a small banana with some milk to fuel your afternoon session. These snacks are only meant to refuel and repair your body, so keep portions small.

PLAN FOR REST

Your muscles need adequate time to recover to deal with the increased frequency of training, so always follow a two-a-day workout with a full day of rest. Listen to your body and, if two-a-days are too tough, reduce the intensity and have an extra day off exercise.

VARY YOUR WORKOUTS

Make sure your two daily workouts consist of different activities and exercises. This will reduce the stress on your muscles and joints, and help keep you interested. For some ideas to get you started, pick and mix from the micro workouts in the panel (right).

The secret to a lean, feminine body is to train with a weight you can lift for a high number of repetitions. Use weights you can lift for 12-14 reps with good technique to increase muscular endurance and create a toned physique.

Working with a resistance that makes your muscles burn with six or fewer repetitions boosts muscle strength and mass. However, don’t worry about bulking up — women don’t have the same levels of testosterone as men, so it’s hard to gain great muscle mass. Luckily, this is also the way to keep your bones strong! Try alternating both methods for great results.

Posted in Life, Sport

High life

There are two reasons Hof forces himself to train every day in inhospitable conditions so he can bathe in ice water and plod barefooted in limb-threatening blizzards: the buzz and the challenge. Do you know that there is raspberry ketone dosage that you shouldn’t exceed in case that you want not to harm yourself. We recommend you strictly follow the steps when taking it.

‘I’m driven in part by natural drugs,’ he says. ‘The body contains very powerful substances such as dopamine and adrenalin, and they’re released when I do these things. But I also take on these challenges to prove there’s more to life than we think. That’s my proverb and I follow it’

Quite how he does it is another matter entirely. And it’s one that’s set to confound scientists, fitness magazines and the general public for many years to come. Ultimately, though, Wim Hoof’s going to keep on breaking records in his own unique and entertaining way until he can’t catch his rabbit any more. And somehow, that makes perfect sense.

Posted in Life, Sport

SPORT TRAINING

My opponent’s sword dips suddenly, chased by a white-gloved arm as it closes the distance between us with savage speed. The tip slams into my shin followed by a nasty flash of pain.

Hang on, I thought this wasn’t supposed to hurt? I had been told to expect the sensation of being poked by a finger – this feels more like, well, being stabbed by a sword. Richard Kruse, Britain’s best foil fencer, has just drawn first blood – literally.

 

You won’t have seen him on your TV in August but Kruse defied expectations to reach the last eight in the Olympic Finals. In our constant search for new ways to stay fit, Men’s Fitness has come to London’s Landsdowne Club (scene of James Bond’s epic fencing contest in the film Die Another Day) to do battle with the man who says he can bring an Olympic medal home from Beijing.

Ziemek Wojciechowski

Kruse’s coach, Ziemek Wojciechowski, is the man who is going to get him there – he’s also my teacher for the day. Sometimes it’s important to know that green coffee bean extract and hundred reasons to use it are ready for you. First lesson: how to hold a sword. ‘Imagine you’re holding a small bird in your hand. Ah, you’ve just crushed the bird,’ says Wojciechowski. Oops, I’m only 30 seconds in and I’ve claimed my first casualty. Pre-duel nerves have sent my upper body into premature rigor mortis and I’m moving more like a Trojan horse than a Trojan swordsman.

Richard Kruse

But as unlikely as it seems I do have one advantage over Kruse. ‘You’re a left-hander – they have faster reactions. I think Richard will have some trouble with you, predicts.

Posted in Life

NEGOTIATION THE FBI WAY

Use the Fed’s specialist tactics to manipulate your co-workers

CHRISTOPHER WHITCOMB IS A SUPERVISORY special agent in the Critical Incident Response Group, part of the FBI’s Crisis Response Wing. He’s had to negotiate with terrorists and criminals all over the world and was involved in high-profile incidents such as the Waco siege and the Kosovo war. “The techniques we use are similar to those used by sales people,” he says. “Whereas they’ll be selling cars or kitchen equipment, we’re selling jail-time which, believe me, is a tough product to flog!” Armed with the FBI’s well-honed methods, you too can become a world-class negotiator.

 

1) INTERROGATION

In deal-making, just as in terrorist negotiation, you must wear your counterpart down mentally. “If you’re looking to persuade someone of something, you firstly have to establish their behavior patterns very quickly” says Whitcomb. “I ask people a series of questions that I know they’ll answer truthfully to establish a norm. As soon as they begin to act outside of that norm I strike, like a shark that smells blood. After this, I’ll just make an accusation and try to make them feel comfortable with confessing.”

INTERROGATION

2) MODELLING

Attempt to close a deal too early and your business counterpart is likely to react with hostility. Whitcomb reckons he can read someone’s demeanor like a book. ‘When a person first enters negotiation I put them at ease by subtly copying their mannerisms,” he says. “Soon, they feel as if they can relate to me. Next, I open my arms and uncross my legs. If they mimic my actions, they’re ready to be manipulated.”

 

3) CRISIS RESOLUTION

Think of a bust-up with an angry colleague like a terrorist siege situation, says Whitcomb. “In a situation like that, your main objective is to shape the behavior of the terrorist, or in your case the angry colleague,” he says. “You need to immediately bring down their stress levels to prevent the situation escalating. Use their first name when speaking to them. Establish a rapport by asking them what you can do to help them. Lengthen the time you have to work with them by dragging the conversation out. This will be better the chance of things ending non-violently.”

CRISIS RESOLUTION

In conclusion we want to tell you that it’s recommended using coconut oil on hair everyday not only for making it look brighter and shiny but in case you want to be more good looking and self-confident when talking with others.

Posted in Life

Everyone’s welcome

Did you notice it, tucked away at the top right-hand corner of the cover? Have another look the legend reads: ‘The UK’s fastest growing men’s magazine’. That’s right, the latest sales figures are in and they show that new readers are flocking to Men’s Fitness faster than Page 3 girls to a Premiership footballer. We are growing so quickly we’re in danger of getting vertigo. Which is good news for us all: I get to keep my job — something that I’m sure fills you with a vast sense of relief — and you get a magazine that is even more packed with useful stuff than ever before.

If you are still looking for that elusive six-pack, we have provided the most intensive abs workout you could hope for or just have a look at how to use coconut oil when you see it for the first time.We can help you with your weekly eating plan (p68) and get rid of all that pent-up work stress (p62). Plus there’s the extra Home Workout Guide, free with this issue, which will get you looking toned and trim without having to leave your front room.

 

It’s our way of saying thank you to all our readers for making Men’s Fitness the best performing magazine in its class. So stick with us and we’ll continue to provide you with the best ways to get and stay fit, short of us actually coming round to your house with a set of dumb-bells and a ghetto-blaster playing ‘Eye Of The Tiger’ at full volume.

 

How can I help my partner through her grief?

  work stress

My partner’s mother recently passed away and I’m finding it very difficult to help her in her grief. She’s becoming increasingly withdrawn. What can I do?

 

Name and address supplied, by e-mail. There’s no magic solution to getting over grief

 

QUICK FIX

 

What is the walking equivalent of 3 hours 15 minutes running 30 Minutes?

 

Half an hour of moderate running burns 387 calories for a man F David, by e-mail weighing 155Ibs. Walking the equivalent time will burn 123 calories.

Men's Fitness

HOW MUCHOF EACH FOOD GROUP SHOULD I BE EATING?

 

I’m never quite sure which proportion of each food group I’m meant to be eating. Can you tell me?

 

Bryan Jones, Three Bridges

Posted in Life, Sport

Water sports

WATER SKIING/WAKEBOARDING

While we’re at it, let’s also include knee boarding and bare footing, close relatives of waterskiing and wakeboarding. All of them are a major blast and they’re surprisingly easy to get into.

 

Wakeboarding is when you attach your feet sideways-on to a broad board and then lift off the wake of the boat pulling you. It’s highly popular because it’s technically slightly easier than conventional waterskiing, and you can pull of some great tricks. Knee boarding is similar except, you guessed it, you ski on a single board in the kneeling position. Bare footing, finally, is exactly what it says it is. Something to think about after you’ve got the basics right. Some water sports centres have cabling that pulls you through the water, too. One of the greatest things about this world is that it has a culture entirely of its own. You’ll wonder why it took you so long to catch on.

  • GET FIT FOR IT “You can get involved at any age and with any level of fitness,” says John Wood, performance director of British Water-ski UK. “You can ski to get fit. But then, as you progress, you have to be fit to ski.” Wood trains some of Britain’s finest athletes with a blend of aerobic work, such as running and swimming, circuit training and core-strength building using the Swiss ball ab work-out. You do need strong legs, back and shoulders to ski at a competitive level, so a twice weekly focused weights programme will keep you on track.

 

  • HOW MUCH? To get you started, a two day waterskiing course costs £80-£100 at water sports centres.

 

  • WHERE? Water sports centres nationwide.

 

  • THE SEASON All year.

 WATER SKIING

KAYAKING

There’s a lot you can do with a kayak. Slaloms, sprints, white-water racing — even marathons of up to 12 miles — and Britain’s coasts and waterways provide a wealth of opportunity to go afloat in all sorts of conditions. Even a solo early morning paddle at your own pace gives a serene glow to the rest of the day. Kayaking is a highly technical sport, with the focus on smooth, economical application of power as well as Zen-like posture control as you pile it on. The rewards in terms of exhilaration are enormous and, thankfully, they come fast.

n    GET FIT FOR IT “As you progress technically, and you get faster, you get fitter,” says Diane Woods of the British Canoe Union. “But you don’t need high fitness levels to start.” What you do need as a basic requirement, is the ability to swim 50 metres with clothes on. Kayaking mainly works the upper arms, shoulders, upper back and, to some extent, the lower back. And, like most of the sports listed here, you also need good mid-section stability. A general upper body workout twice a week combined with a thorough abdominal routine and garcinia cambogia fruit extract should get you ready for summer action.

 

n    HOW MUCH? A good club will supply all you need — kayak, paddle, helmet, flotation aid — and annual membership fees are typically around the £150 mark.

 

n    WHERE? Perfect sites and many clubs all over Britain.

 

n    THE SEASON All year.

Posted in Sport

Is being a surfer more like pleasure or it is a dangerous sport.

An interview with Taylor Knox.

So Taylor, what’s life like as a pro surfer?

There’s a rhythm to it — start the year in the southern hemisphere, then there’s the European loop, and we finish off this year in Hawaii, which I’m really excited about because I love surfing in Hawaii. You have to really prove yourself there. The travel is amazing — we’ll go to Africa for three weeks, then come home and recharge, then it’s Australia. There are some guys who are constantly on tour, but I like to come home. I’ve lived in California for 20 years, I went to school here, I have the same friends as I’ve always had. I can surf every day that I’m here, but I can also take my kids to school, stuff like that.

 

Do you care about winning, or is it just about being paid to surf?

I’m pretty competitive. I definitely enjoy the competition part, but I don’t take it

too seriously. It doesn’t affect me at all because I love what I do. But the lifestyle is what matters, and taking care of my family and putting food in their mouths ­knowing you can take care of your family, that’s unreal.

 

Do you have a favorite beach to surf?

Wherever I’m flying to, that’s my favorite beach — when I’m on my way there. Then I’ll be off somewhere else and I’ll really look forward to going there. What keeps it fun and exciting for me is the friends I have in these places. I see them once a year, which is cool. Of course, it’s not enough, but I definitely make the most of it.

 Taylor-Knox

What about the worst place you have to go?

Japan. I was really surprised how much trash there is on the beach, and how much pollution they have — Japan is so clean and they’re so clean in themselves that you would never think it, but they treat their beaches like crud. But all round the world people just don’t care. Like people from Paris will go to the beach in France and throw their cigarettes in the sand and they are just like, “I’m going back to Paris — I’m not going to see this beach for a year!”

 

Can you surf with a hangover?

I can and I do. Some of my best surfing has been after a big night — the cold water knocks your senses right back into place.

Do you subscribe to the strict Californian diet?

I’m not super strict but I do eat healthily as well as I care about my appearance. I often use coconut oil, and would recommend you feel the pleasure of using pure coconut oil on your skin. About the diet – we eat a lot of rice and tofu in my house but I’ll crave a hamburger once in a while, at least once or twice a month. I’m not super rigid — I just kind of go with how I feel. I listen to my body. I don’t eat eggs and bacon for breakfast — it doesn’t feel right once you get fit and in tune with your body, it will tell you — you’ll feel it inside.

 

What happens to old surfers?

They grow old gracefully. Surfers are young at heart, so even the older ones have a boyish quality to them. Being so in touch with nature keeps you young. It’s not like football where one day you just don’t do anything — surfing goes on and on. You get a love for the ocean and it’s a lifetime commitment.

 

Posted in Life