Man assaults wife for seeking money for shampoo in Ahmedabad

Representative image.AHMEDABAD: A 42-year-old woman from Bavla village in Ahmedabad on Sunday filed a complaint with Viramgam town police stating that her husband had thrashed her badly, pulled her hair and banged her head on a wall just because she had asked for money to buy shampoo.

“On Sunday morning, when my husband was at home and I asked for some money, he became angry and started abusing me. When I tried to pacify him, he suddenly pulled my hair and banged my head on a wall,” stated the complainant.

Later on, the woman called up 181 Abhayam Helpline from where a counsellor came to her home in Bavla and tried to make her husband understand that he should treat his wife properly.

But her husband did not pay any heed to the advice and asked his wife to leave home.

Later, the woman approached Viramgam town police and filed an FIR of domestic violence.

The complainant, who has been married for 15 years, stated in her FIR that her husband, who works with Western Railway as a clerk, beat her very often on petty issues.

“When I got married my husband’s elder brother and sister-in-law used to stay with us. Since the beginning of our married life, my husband’s brother and sister-in-law used to provoke my husband to torture me,” the woman stated. “I had kept quiet for long for the future of my two children,” said the complainant.

Later, the couple moved to Shastrinagar in Ahmedabad city but the intervention of in-laws and her husband’s torture continued there.

Due to some personal issues, the couple then moved to Bavla where the woman’s torture continued.

On Sunday, the woman felt all limits had been crossed when her husband grabbed her hair and banged her head on a wall, stated the FIR filed with Viramgam town police.

[“source=timesofindia.indiatimes.”]

Why Gold Is Still The Best Basis For Money

Image result for Why Gold Is Still The Best Basis For MoneyAs we continue to enjoy the “Yellen gold standard,” now in its Powell phase — who knows how long it will last — let’s look at why the gold standard system worked so well for so many centuries, including nearly two centuries of U.S. history before the rupture in 1971, during which time the United States became the wealthiest country in the history of world.

In 1971, the economist Arthur Laffer — he was the chief economist of the Office of Management and Budget at the time — was asked what he thought the consequences would be of Nixon’s “closing of the gold window,” which effectively ended the Bretton Woods period when the dollar’s value was fixed at $35/ounce of gold.

“It won’t be as much fun to be an American anymore,” Laffer reportedly replied. And he was right.

But why? Why is it that the collective intelligence (let’s be generous) of today’s central bankers, and indeed all the central bankers since 1971, cannot outperform a yellow rock? This probably strikes some as bizarre, but it has always been thus. Way back in 1928, in a book called The Intelligent Woman’s Guide to Socialism and Capitalism, George Bernard Shaw declared:

“You have to choose … between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold.”

It’s the same today. These things never change. Ninety years ago, intelligent women understood these things.

To understand why gold works, as a standard of monetary value, you have to understand what makes good money. Today’s cryptocurrency enthusiasts are rediscovering what monetary thinkers have always known: that the best money is stable money, or, as I like to term it, Stable Money — money that is stable in value. After learning that Bitcoin and its ilk make splendid devices for gambling (the continued popularity of places like Las Vegas and Macau show that there remains a large interest in such things), but a rather poor currency — exactly as I said would happen some years ago — the cryptocurrency engineers are now focusing their energies on developing “stablecoins.”Image result for Why Gold Is Still The Best Basis For Money

Ideally, a currency would be perfectly stable in value. The market economy is organized via prices, profit margins, returns on capital and interest rates. Changes in the value of the currency derange this process, creating chaos and havoc. John Maynard Keynes described in 1923:

“[Markets] cannot work properly if the money, which they assume as a stable measuring-rod, is undependable. Unemployment, the precarious life of the worker, the disappointment of expectation, the sudden loss of savings, the excessive windfalls to individuals, the speculator, the profiteer–all proceed, in large measure, from the instability of the standard of value.”

In The Scandal of Money (2016), George Gilder updated this insight, using the tools of modern information theory:

“Casting a shroud of uncertainty over all valuation, monetary manipulations shorten the time horizons of the economy. In information theory, the dominant science of our age, when a medium sends a message of its own–static on the line–it’s called noise. Noise in the channel reduces the channel’s capacity to transmit accurate information.”

In practice, such idealized perfection is not quite possible, so we have to go with the next best thing. The next best thing is gold: the thing that most closely approximates this ideal of stability of value. President James Madison summed up succinctly:

The only adequate guarantee for the uniform and stable value of a paper currency is its convertibility into specie [gold]–the least fluctuating and the only universal currency.

James Madison understood this.

And the United States became one of the most successful countries in the history of the world because people like James Madison understood it, and adhered to this principle from 1789 to 1971.

In this single sentence, Madison touched on some important political truths. You might argue that, ideally, “smart people” could get together and create some better — that is, more Stable — foundation for money than gold. But, you might also notice that nobody actually does this. They don’t even try, and never have, in the past five decades of floating fiat money. One reason for this is that they are human: consequently, they crumble to political pressures, while gold does not. Even if you could invent some statistical concoction that is a better measure of Stable Value than gold — although no human ever has — arguably, no human institution could ever implement it for any length of time. Just look at how statistical concoctions like the Consumer Price Index have been continually altered, each time in response to political pressures, and to serve political ends. This is one reason why, as Madison asserted, gold remains “the only adequate guarantee for the uniform and stable value of a paper currency.”

Related to this is the fact that gold is the “only universal currency.” It is the only thing (along with its adjunct silver) that all people have agreed to use as the basis of money, which then allows fixed exchange rates between countries, vastly simplifying trade and investment. In the pre-1914 era, most major governments participated in the world gold standard, which was simply the extension of many centuries of gold and silver coinage used throughout the world. This system was reassembled during the 1920s, and again in 1944, at Bretton Woods. We have had no difficulty establishing world monetary systems based on gold.

Contrary to popular belief, most countries today do not have freely-floating currencies. According to the International Monetary Fund, about half of all countries actively “anchor” their currencies to something else, usually a major international currency like the dollar or euro. In other words, they have fixed exchange rates. Another 25% of all currencies are “stabilized” against a major international currency, which remains the reference although exchange rates are allowed to drift somewhat. Either “anchored” or “stabilized,” most currencies today are part of the dollar or euro currency blocs. The only significant difference between the euro currency bloc, and the prior world currency bloc based on gold, is the standard of value: gold, or the floating fiat euro.

Despite this enthusiasm for fixed exchange rates (a form of Stable Money), there is little interest today in establishing a unified world currency bloc. We could, for example, form a world currency bloc around the euro, and the IMF has long promoted such solutions. Then, the world would be free of the difficulties of floating currencies. The dollar/euro exchange rate would be fixed, along with the pound/euro, yen/euro and other exchange rates.

The simple reason is that nobody would trust the European Central Bank. I wouldn’t — because the ECB is subject to political pressures, or other agendas, to which gold is immune. The ECB can also serve as a means of imposing political pressures.

Actually, the world did have a system like this. It was called the Bretton Woods arrangement. The British pound, German mark, Japanese yen, French franc and all other world currencies were nominally linked to the U.S. dollar. The reason why they agreed to this is that the U.S. dollar was also linked to gold, at $35/oz. When the dollar left gold in 1971, nobody was interested in remaining linked to the dollar, and currencies floated. They still float today.

Gold’s performance as a standard of Stable Value has been exemplary. It is, actually, a lot better than one might rationally expect. The things that the gold standard made possible — such as the extraordinary stability of bond yields during the nineteenth century — have never been replicated under fiat currencies. Just look at those results (achieved without market manipulation), and tell me which central bank wiseguy — give me a name of a real person — that you think could accomplish this; and then explain, if that is true, why they haven’t done so already.

Yields on long-term government bonds: U.S. (1970-2017) and Britain (1830-1880)NATHAN LEWIS

Economies work best when currencies are stable in value. Once we know what the goal is, we then look for a way to achieve it; and the best way has always been to base a currency on gold. Nobody has found a better way, even in the form of a proposal; and nobody has ever needed to find a better way, because gold has always worked very well.

[“source=forbes”]

Police warn parents of 14 apps that could be dangerous for kids

LAS VEGAS (KSNV) – Law enforcement agencies across the country are warning parents of 14 popular apps that could put kids in danger of predators.

Police are urging parents to check their children’s phones and the apps on their devices as this is the best way to defend against possible predators.

Some tips to protect children according to police are:

  • Approve every app on your kid’s phone
  • Check their privacy settings
  • Speak with your children about phone use, app use and social media

14 apps that police say could be dangerous for children. (Source:Bulloch County Sheriff’s Office’ Facebook)

Here are the 14 apps police say parents need to be aware of:

SNAPCHAT: allows users to take pictures and videos that disappear with new features like ‘stories’ that allow users to view content for 24 hours and see your location.

KIK: allows anyone to direct message instead of text messaging and gives unlimited access to anyone, anytime.

YELLOW: allows teens to flirt with one other similar to Tinder.

HOLLA: video chat app that allows users to meet through their phones across the world in seconds.

OMEGLE: allows users to chat for free and encourages anonymous chatting with strangers.

BUMBLE: similar to Tinder, a dating app that requires women to make first contact, though kids are known to create fake accounts and falsify their age.

WISHBONE: allows users to compare photos to each other and rate one another on a scale.

CALCULATOR%: secret app that allows users to hide photos, videos, files and browser history.

ASK.FM: notorious for cyberbullying, this app encourages to anonymously message others to ask questions.

WHISPER: anonymous social media app that allows users to share secrets with others and can share users’ locations so they can meet.

BURNBOOK: allows users to post anonymous rumors through text, audio and pictures.

HOT OR NOT: allows users to rate profiles and find people in their area and chat.

LIVE.ME: live streaming app that uses geolocation to share videos so users can see the broadcaster’s location.

INSTAGRAM: one of the most popular apps among children, kids are known to use this app for fake accounts and to text since the conversation is deleted when someone leaves the chat.

These are only examples of potentially dangerous apps, and parents should monitor all apps and note if they offer messaging features.

[“source=katv”]

New Ford Aspire Review: Better Equipped, Better Value for Money

Image result for New Ford Aspire Review: Better Equipped, Better Value for MoneyEver since Ford came out with the Aspire, the car has managed to create an identity for itself which is of being a good driver’s car. But then there were a few features that the car could have used. Now, though, seems like Ford has heard to their customers as they have now come out with the new Aspire that not only gets new features but also new styling. But does that mean it is better value for money than before? Let’s find out.

Let’s start with the way the new Aspire looks. The biggest visual update is the redesigned front-end. The Aspire gets a new grille design which sports ample out of chrome for the chrome-lovers out there and the fog lamp enclosures now extend into the bumper to give it a c-shape design and yes, gets the chrome treatment as well. The headlamps have been smoked out and even they get a chrome element inside!

Ford, Ford Aspire, Aspire, Ford Aspire ReviewThere’s ample of chrome on the New Ford Aspire. (Photo: News18.com)

Coming to the back of the car, the thick chrome strip that runs across the width of the boot lid remains the same as the earlier model whereas the rear bumper has been redesigned. Look closer and you will notice that the tail lights get new detailing.

Ford, Ford Aspire, Aspire, Ford Aspire ReviewThe new Ford Aspire gets subtle updates at the back. (Photo: News18.com)

As for the side profile, well, it still has that muscular and strong shoulder line which is now complemented by new 15-inch alloy wheels.

Overall, the car looks fresh and more up to date. However, there is no LED Daytime Running Lights (DRL), projector headlamps or LED tail lights on offer even in the top-spec variant, which is something that the competing cars in this segment do come with. Is it a deal breaker? and does it make that much of a difference? Not at all, but it is something that would have been nice to have.

Moving on to the inside of the car and the first thing that you will notice is that the cabin has the familiar Ford layout. The build quality is great and so is the quality of materials used – something that Ford is known for.

Ford, Ford Aspire, Aspire, Ford Aspire ReviewThe interiors of the new Ford Aspire have a familiar layout. (Photo: News18.com)

Gone are the leather seats making way for the new fabric seats that have better bolstering. There is enough room for passengers all around the cabin but the car surprisingly does not have a rear AC vent or a charging port for the rear passengers which is a big miss.

Add to that the absence of cup holders in the rear armrest and no bottle holders in the rear doors which is a bit surprising, to be honest.

The Aspire’s saving grace, though, is the new touchscreen infotainment system.

Ford, Ford Aspire, Aspire, Ford Aspire ReviewThe infotainment system of the new Ford Aspire in the top-spec variant comes with Ford’s SYNC 3 technology. (Photo: News18.com)

We drove the top-spec variant which actually gets a smaller 6.5-inch screen as opposed to a 7-inch screen that the lower variants get, but it offers the Android Auto and Apple CarPlay support which the lower variants don’t. There are also two USB ports placed in the centre console and the car gets the usual Bluetooth connectivity along with steering mounted controls. The outside rearview mirrors can now be operated electronically and I absolutely loved the rotary knobs for the volume and aircon controls which feel premium.

But coming to the infotainment system, it gets Ford’s SYNC 3 technology and simply put – this is the best infotainment system in the compact sedan segment in India right now. The touch response is simply fantastic and there’s also a reverse parking camera that the new Aspire gets.

Then, there’s the addition of automatic headlamps and rain sensing vipers as well.

Ford, Ford Aspire, Aspire, Ford Aspire ReviewThe new Ford Aspire gets new features like automatic headlamps and wipers. (Photo: News18.com)

So yes, the new touchscreen infotainment system is the highlight of the cabin but what I really liked was the driving ergonomics that the car has to offer. Especially the chunky steering wheel which is just fantastic to hold.

And this isn’t that big of a surprise. Ford cars are known for being great at driving and it is applicable on the new Aspire as well. The other thing that Fords are known for is safety, and the Aspire offers that by offering dual airbags and ABS as standard across variants. The top-spec variant of the Aspire comes with six airbags around the cabin.

The unit we tested came powered with the 1.2-litre three-cylinder engine which was first seen on the Ford Freestyle and it gets the same state of tune in the Aspire as well. The engine makes 96 PS of power at a sky-high 6,500 RPM and 120 Nm of torque at 4,250 RPM. This engine is peppy and when you drive it down low in the RPM range, it is calm and composed like a well-behaved child. But, go past the 3,000 RPM mark and you are greeted with a throaty exhaust note and the car pulls ahead like a cat who is afraid of water, has just been in the water.

The gear throws are short and crisp and the drivetrain feels just so engaging to shift through.

Ford, Ford Aspire, Aspire, Ford Aspire ReviewWe drove the manual-gearbox equipped variant of the new Ford Aspire and the drivetrain was a delight. (Photo: News18.com)

That’s not it, the chassis is so good that it makes you believe that it can take much more power. And the driving feedback from the steering wheel and the brakes makes the car feel sublime. Yes, the ride quality is a bit harsh at low speeds but it just keeps getting better and better as the speeds climb.

This is a proper driver’s car.

Ford, Ford Aspire, Aspire, Ford Aspire ReviewThe new Ford Aspire gets new 15-inch alloy wheels. (Photo: News18.com)

Last but not least, the price. The new Ford Aspire is actually cheaper than the old Ford Aspire. And with that, it also undercuts the starting price of the Hyundai Xcent, Honda Amaze as well as the new Maruti Suzuki Dzire making it a sweeter deal than ever before.

So to sum up the new Aspire’s experience. Well, if you’re in the market looking for a compact sedan then you might be looking for things like efficiency or practicality, but if you’re looking out for driving dynamics, then the new Aspire is something that we definitely recommend.

[“source=news18”]