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Editor Note: A year ago last Friday, Chapman University professor Terry Burnham, formerly of Goldman Sachs and Harvard Business School, presented his vision for a spectacular economic bust. He foresaw the Dow hitting 5,000 before it hit 20,000. We ;ve since called it his Dow 5,000 prediction. A year later, as the Dow closes above 17,000, he sticking by that prediction.Most famous for his books Mean Genes and Mean Markets and Lizard Brains, Burnham believes that our lizard brains blind us to the signs of collapse. He explored the concept in a segment with Paul Solman, which you can watch at the bottom of this post. Burnham is a long-time market skeptic and critic of the Federal Reserve, comparing America dependence on printed money to the Stockholm Syndrome on this page and urging readers to withdraw mon stanley cup ey from banks. He updated us on his prediction since last July, but now that hestanley cup 82 stanley cup 17 hit the one-year mark, Burnham wanted to deliver a more complete scorecard of where we ;ve been, where we are now, and where we ;re going. Simone Pathe, Making Sen$e EditorOn July 11, 2013, on this page, I predicted that the Dow Jones Industrial Average would hit 5,000 before it hit 20,000. Here is some of what I wrote a year ago:The Fed has been keeping interest rates at rock bottom lows to supposedly stimulate the economy鈥?The idea that the Fed can save the economy is simply ridic Ncbw 12 steps to safely bury Ebola victims
Rumsfeld said the small band of coalition fighters saw an opportunity to move into the city early Friday local time.Within stanley cup recent hours I am told that in Mosul there appears to be an opportunity for the regular Iraqi forces to turn in their weapons and no longer pose a threat, in which case Kurdish forces and U.S. forces in small numbers are in the process of moving into Mosul, Rumsfeld told reporters in Washington.The secretary of defense said that military officials on the ground were reporting no armed resistance as the soldiers entered the northern Iraqi city. 822 adidas campus 0;To my knowledge, at last hearing, it is an orderly process and the forces that are entering are being welcomed by the people, he said.A Reuters correspondent near the city reported seeing American tanks moving towards Mosul.Earlier in the day, Gen. Babakir Zebari, a Kurdish commander in the region, told the Associated Press that members of Saddam Baath party and Iraqi military commanders in the city had offered to surrender if the coalition ceased its air bombardment and offered the senior leaders amnesty.Bo stanley cup th military officials near Mosul and at the Pentagon indicated there would be no clemency offer, although U.S. authorities did say they were in contact with Iraqis in the city.Our special forces have the ability to talk to them, and they are there, a U.S. Defense Department official told Reuters.The dramatic developments in the city came on the same day that Kurdis