OAKLAND GEARING UP FOR THE MEHSERLE VERDICT

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OAKLAND GEARING UP FOR THE MEHSERLE VERDICT

As the Mehserle verdict looms over all of our heads, cities are preparing for civil unrest if the verdict goes in favor of Mehserle. I was watching the news the other day they were showing the police in Oakland with riot gear doing exercises on crowd control. They are setting up stage areas with Police, Fire and Medical personal. It would be great if the Oakland surprised everyone and behaved civilly. I know this is wishful thinking.

It’s really sad that in 2010, that we still have police officers killing or beating citizens for no apparent reason. No wonder citizens get mad and destroy property and lash out at the police. I’m not saying their justified in doing this, but come on! It’s all the years of frustration.

People are sick and tried of how the police get away with murder and beating innocent people. I my opinion Mehserle is guilty of  First Degree Murder no less than Second Degree Murder. If he gets off with voluntary manslaughter, involuntary manslaughter or innocent of all charges, it’s going to be bad.

http://www.sfexaminer.com/local/Cities-prepare-for-reaction-to-Mehserle-verdict-97646429.html

http://www.nbcbayarea.com/news/local-beat/Mehserle-Closing-Arguments-Stretch-Into-Second-Day-97671529.html

LM

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RIDES AT COUNTY FAIRS

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RIDES AT COUNTY FAIRS

It’s summertime the kids are out of school, their excited about going to county fairs.  When I was a kid summertime to me meant hanging out with friends. Making money babysitting so you could, have money to go to the county fair. It’s a right of passage for kids all over to ride the rides at county fairs.

At the Alameda County fair Seven people were injured on the Wacky Worm ride a children’s roller coaster ride on July 1, 2010. On June 24, 2010 at Sonoma-Marin Fair in Petaluma a workers leg was severed when he stepped in front of  the Wacky Worm roller coaster. This ride is different from the children’s ride at Alameda County Fair.

 Are rides a county fair’s safe? At the Alameda County Fair, a chain broke on the ride. Was the ride inspected very carefully? Was it negligence on the part of operators of the rides? I guess we have to wait and see until the Occupational Safety and Health Administration gets done with their report. And for the worker at the Sonoma-Marin County Fair, I think personally he was at fault.

Well people if you love to go to county fairs and ride the rides, I guess we have to hope and pray that every ride we get on is safe. Have a great and safe summer.

http://kcbs.cbslocal.com/2010/07/02/wacky-worm-ride-injures-seven-at-alameda-county-fair/

http://abclocal.go.com/kgo/story?section=news/local/north_bay&id=7516634

LM

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Beginner’s Guide to Forex Trading and its Basic Terms

Are you a beginner in forex trading? Know the basic forex trading terms before involving with forex market. This may play a vital role in your success as a trader. Following are some important terms:

Bid: This is the amount that the buyer of a currency would pay for a foreign currency. This amount is basically based on the current market status. This is the amount generally a seller is supposed to pay in order to purchase a share. Later he may sell that share to make a profit.

Ask: This is an expected amount that a seller makes while selling a foreign currency. It is also based on current market trends. This is the goal amount for a seller as a profit.

Spread: This is a very simple term which is well known to every one. It is nothing but the difference between the ask and the bid price.

Price: This is the key term for a seller to make profit or sometimes loss

PIP: This is the unit of the smallest price of currency. This factor helps to calculate the exchange rate.

Base currency: This is the basic amount on which a trader starts trading and this is generally compared with another base currency to calculate the profit or loss.

Secondary currency: This term is used to define the currency which is exchanged with the base currency. Suppose, US dollar was your base currency and you changed that currency to UK pound then this UK pound is known as secondary currency.

Margin: This term is usually used when you are willing to work with a broker. This is the commission amount that would be paid to a broker while a trade is made.

Leverage: This is used to term the weight of a margin. This is the way to set up the forex trading deposits so that a huge amount of security is managed to small possible amounts.

Margin call: This term is used in case of a significant loss. In this time a trader’s deposit does not even cover the transaction made.

Currency pair: This is made up of both base currency and secondary currency. This is the 2 different mediums of financial media being exchanged.

Volatility: This is a tool used to evaluate the profit or loss while investing certain amount in forex trading.

Clearing price: This term is used to describe the value of the currency pair. This is a particular security amount which is calculated by current bid and ask price.

These are the basic and useful terms of forex trading and a beginner should know all the above terms in order to invest money in the forex market.