Friday, October 10, 2008

THE DOW PSYCHOLOGY

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The Dow psychology
GUEST COLUMN
Mukul Pal / New Delhi October 6, 2008, 0:53 IST

A global marketplace means that investors will link the performance of Sensex with that of the Dow. So far, the correlation is not proven


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The first time I heard somebody keeping a track of Dow on a day-to-day basis was a business school senior of mine from the class of 1997. Little did I know that in matter of barely over ten years, the world will get glued to Dow daily and intraday movements.

And nothing will matter more than where the Dow was headed. We are in the age of the Dow, and Dow psychology rules. The grip is so powerful that an emerging market broker in Romania after a market update to his client starts talking about what the client is interested in most, the bailout meeting. The respective client will be missing the UEFA championship match between CFR Cluj and Chelsea to watch the bailout meeting at home.

Dow is the global pastime now. Before 2000, it was both Dow and the Nasdaq. After the tech bust, Nasdaq featured less in inter office bets and perceived connections with Indian markets.

NOTE: DOW AND NASDAQ ARE BOTH FAMOUS IN THE INDIAN MARKET.

I also remember another occasion when even a shoe shine boy understood, where we are headed tomorrow was more due to the Dow. The perceived connection was thought to be an unstated rule. On occasion when markets took a different turn locally compared to what the Dow was doing, news of a decoupling between global and local markets featured in national newspapers and TV channels. There was always a reason why a Dow connection worked or weakened at times.

As time passed and both liquidity and number of investors increased, the forecasting rules were simple, if there is certainty and up move it is generally because of local factors, but when uncertainty comes in it is the Dow.

It did not matter whether over a month and quarter what Dow returned in terms of price changes, what mattered was the daily and weekly volatility in the price performance of the benchmarks. There were not many studies I read since 1996, which actually studied correlation between Dow and the Sensex or other emerging market indices and whether such comparisons really made sense.

Even fundamental analysts historically have taken refuge in this fact suggesting an upside as a predictable certainty and downside as the Dow effect. The correlation between the Dow and the Sensex are poor. Rather correlation itself increases and decreases as markets move from greed to fear. At both extremes, the correlations have been known to be high. This is why during contagions every market seems to be correlated.

Going a bit deeper into correlations between the Dow and Sensex suggests a historical correlation of 0.69, for the last decade it has been at 0.64, the highest correlation has been since 2002 lows at 0.90 which has fallen now to 0.82 if you look at just the last year. I just ran a random check to see if the correlation could just go negative.

And here I was at the first attempt – 0.42 from May 26, 2005 to Oct 19, 2005. Correlations are an illusion that we live in, as you can actually draw a cycle of increasing and decreasing correlations between Dow and Sensex. And what use is correlation anyway. Correlation as a trading indicator works miserably with not much back testing validations.

And if we just extend the relationship to Dow and dollar, which are seen to have stronger correlation, a strong dollar and positive Dow move together. Even here the correlations between Dow and dollar can go awry cyclically, positive correlation today and negative tomorrow. It just does not work.

Once you identify that the correlation is increasing you know the assets are in sync and vice versa. It is like the classic outperformance underperformance intermarket cycles we have talked about. There will always be a period the Dow will outperform Sensex and a period when it will underperform. Just to look at one side of the cycle is extrapolation and ignoring the other side by calling it decoupling is human.

Dow is our psychological alibi that we use to explain market vagaries. There is no other way you can explain why, if the problem is in America, did China, Russia, India and the world fall more than the Dow. Of course, there will be some explanation for this too.

But then, how quantifiable is it? We at Orpheus believe that emerging markets are better indicators and lead the Dow. India formed the primary low on September 21, 2001 months before the October 8 low of Dow in 2002. Indian and Chinese indices may have lagged at the current top, topping after the October 11, 2007 high in Dow, but emerging markets like Romania had topped as early as July 24, 2007. This is why the Dow psychology remains flawed.

Even if the Dow psychology works better when inverted, understanding American markets remain important in terms of understanding when does psychology hit an extreme? Markets take more time to bottom than they take to top. This is why 'V' shaped patterns are seen more at the top than at the bottom. The Dow breaking at 10,000 will be globally watched and discussed.

What is more relevant is not 10,000 but the support zones near 9,700-10,000 levels. The 10,000 level is more psychological than real. The 9,700 level is the previous primary low and 9,900 is the key 0.618 Fibonacci level of the up move since October 8, 2002. After six years we are back once again to the October symmetry (the Oct low), which the Dow has been repeating since 1932.

Like we said last time, markets have not broken an October low since the great depression. So, though the term great depression is used pretty loosely now, we have yet to pass the major October confirmation.

Bank failures, bankruptcies, 30-70 per cent collapses in indices all seem to be culminating in the anticipated time window ahead. Many indices including the Dow are falling in seven wave structures. This means classic corrective zigzags. Seven waves are corrective structures not impulsive move downs.

Though we understand that seven waves could be extending into nine waves impulsive, which have a more bearish aspect linked to it, the extreme volatilities on many indices suggest otherwise. Many emerging market indices have spiked with 10-year high volatilities suggesting that panic is total and global now. Prices are also nearing the previous four wave conventional supports on some indices, Oil and gold still under supply pressures, dollar continues strength, it is too early for us to let go of the October low hypothesis.

We are in the age of Dow or simply putting the age of global psychology, which does not understand that markets have a limit till where they can collapse unlike the proverbial moon where it can go on the other side. We are in the age of too much information, this is why summaries excite us more than books, and herding is more convenient than trashing the Dow effect.

The Dow composite, just a week back, was the top performer among global indices. So, Dow might have some catching up to do till 10,000 and maybe marginally lower. But, to expect 8,000 in the next few weeks seems a low probability scenario to us.

We are looking at the Japanese Nikkei now, which should give us our first cues regarding potential multi-month global bottom formations in October and not the Dow. Let's see.

The author is CEO, Orpheus CAPITALS, a global alternative research firm
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Thursday, October 9, 2008

NEWLY TENURED FACULTY INCLUDE EXPERTS ON SECOND-GENERATION ETHNIC YOUTH AND SCHOOL BULLYING

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October 6, 2008

Newly Tenured Faculty Include Experts on Second-Generation Ethnic Youth and School Bullying
UAlbany has 21 newly tenured faculty, including sociologist Angie Chung.

UAlbany has 21 newly tenured faculty, including sociologist Angie Chung.
October 6, 2008 - Music, physics, East Asian studies, nanosciences, accounting: these specializations and more are just some of the fields in which the 21 newly tenured faculty of the University at Albany hold expertise.

"As researchers and educators, the 21 faculty members of the University at Albany community have shown exemplary dedication in their respective fields," said University at Albany Interim Provost and Vice President for Academic Affairs Susan D. Phillips. "It is an honor to announce their appointments, and I look forward to their continued commitment to academic excellence and the students of UAlbany."

NOTE: SUSAN PHILLIPS IS A WELL RESPECTED PERSONALITY IN THE UNIVERSITY AT ALBANY.

Angie Y. Chung, a sociologist with expertise on second-generation ethnic youth, and Amanda B. Nickerson, an expert on bullying in the schools are among the newly appointed associate professors.

Chung is spending the fall semester as a visiting professor in the Department of Sociology at Yonsei and Korea University in Seoul, Korea. She recently published Legacies of Struggle: Conflict and Cooperation in Korean American Politics (Stanford University Press, 2007), which looks at how second-generation community-based organizations in Koreatown, Los Angeles, have cultivated ethnic political solidarity. She has also written articles on second-generation youth, ethnic organizations and politics, coalition-building, and race relations theory.

Nickerson, an associate professor of school psychology in the School of Education, is a nationally certified school psychologist and a licensed psychologist in New York State. In addition to the topic of bullying, she focuses on school crisis prevention and intervention, assessing and treating children with emotional and behavioral disorders, and parent and peer relationships.

Nickerson has published more than 25 journal articles and book chapters, conducted over 50 professional presentations, and serves on the editorial boards of Psychology in the Schools and the Journal of School Violence. She is a recipient of the 2006 National Association of School Psychologists Presidential Award for her work developing a school crisis prevention and intervention training curriculum.

Newly Tenured Faculty at UAlbany:

Brett C. Bowles; Languages, Literatures and Cultures
Andrew S. Byon; East Asian Studies
Angie Y. Chung; Sociology
Jesse Ernst; Physics
Samantha R. Friedman; Sociology
Robert Gluck; Music
Fernando I. Leiva; Latin American and Caribbean Studies
Walter E. Little; Anthropology
Helene E. Scheck; English
Joette M. Stefl-Mabry; Information Studies
Eric T. Eisenbraun; Nanosciences
Richard J. Matyi; Nanosciences
Ingrid E. Fisher; Business (Accounting)
David N. Miller; Educational and Counseling Psychology
Amanda B. Nickerson; Educational and Counseling Psychology
Bruce T. Saddler; Educational and Counseling Psychology
Margaret Rita Sheehy; Reading
Benjamin A. Shaw; Health Policy, Management and Behavior
Janell Hobson, Women's Studies
Ing-Nang Wang, Biological Sciences
Lani Jones, Social Welfare

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Wednesday, October 8, 2008

GOVERNOR GENERAL'S ACHIEVEMENT AWARD - IT'S NEVER EASY

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Governor general's achievement award - It is never easy
published: Monday | October 6, 2008


Governor General Sir Kenneth Hall (right) presents the Governor General's Achievement Award to Cindy Haynes as Custos of Kingston Weeville Gordon looks on at an awards ceremony held at the Jamaica Crest Resort in Fairy Hill, Portland recently. - photos by Peta-Gaye Clachar/Staff Photographer

Growing up in the violence-plagued community of Parade Gardens, Kingston (Tel Aviv) was never easy for Cindy Haynes, who on a few occasions had to stay away from school.

This, however, did not deter the 20-year-old youth recipient of the Governor General's Achievement Award for Surrey from achieving academic excellence.

Currently a student at the University of the West Indies, Mona, pursuing a bachelors degree in psychology and business administration, Haynes has ambitions of becoming a clinical psychologist.

Within this field, Haynes said she would be able to offer counselling, an area of psychology which the Excelsior high school graduate is fond of.

At high school, Haynes was deputy head girl an active member of the peer counselling body and the Girl Guides.

NOTE: HAYNES WAS A HARDWORKING STUDENT OF PSYCHOLOGY.

While attending sixth form at St George's College, she made the Dean's list and received several awards for hard work and deportment.

Haynes plays an active role in her community, conducting a remedial class for children ages three to nine years old. She is also an assistant teacher for another remedial programme in the community, stimulating young minds to become leaders, which caters to 50 students between the ages of nine and 16.
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Tuesday, October 7, 2008

INCOMPETENT SHRINKS GIVING BAD ADVICE: PSYCHOLOGISTS

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Incompetent shrinks giving bad advice: Psychologists

Triwik Kurniasari, The Jakarta Post, Jakarta

The association of psychologists has warned Jakartans to be careful in selecting competent and professional psychologists because many practitioners in the city are not properly qualified.

Head of the Jakarta chapter of the Indonesian Psychologists Association (Himpsi Jaya), Lukman Sarosa Sriamin, said incompetent psychologists could make false claims that could worsen patients' condition.

NOTE: SRIAMIN IS A WELL RESPECTED PSYCHOLOGIST.

"You should do some research first before choosing a psychologist to avoid selecting a bogus one. Many people fail to realize the importance of conducting background research," Lukman told The Jakarta Post recently.

Unqualified psychologists may have graduated from a psychology school, but did not necessarily have a permit to practice, he said.

"In some cases, they don't have a background in psychology at all. The worst part is, if he or she speaks to the media. People are then lead to believe they are competent," he said.

"I have noticed more than 10 bogus psychologists across Jakarta. This doesn't include bureaus offering the service," he said.

To get a permit to practice from Himpsi, hopeful Psychologists must hold a masters degree in psychology as a minimum requirement. This Himpsi permit is valid for five years and allows psychologists to practice across Indonesia.

Himpsi-accredited psychologists would introduce themselves to their patients, and would show their ID and permit.

"You should ask if a psychologist doesn't do this to begin with. It is also important to ask which institution the psychologist graduated at. This is a common question," he said.

"You should be suspicious if he or she refuses to reveal his or her background. If you are in this situation, you can call the Himpsi office to confirm whether the practice has a permit," he said.

Fabiola Pricilla Setiawan, a licensed child psychologist, said it would be safer for patients to choose a psychologists who were working under governmental institutions.

NOTE: SETIAWAN IS A WELL RESPECTED CHILD PSYCHOLOGIST.

"It is important to have a competent, credible and trustworthy psychologist," Fabiola said.

"For example, In the wrong hands, a child who has symptoms of depression could deteriorate into acute depression," she said.

Himpsi Jaya now has 3,587 members, 1,825 of whom are licensed psychologists.

The organization, however, is powerless in facing unqualified psychologists.

"There is no law or decree about this. We cannot report them to police or punish them just because they are not Himpsi-accredited. We hope the government will introduce laws to regulate this," Lukman said.

Several patients claimed they had tried to gather information before going to a psychologist.

One such patient, Wahyu, said she had asked friends and relatives for their recommendations because she did not know where to go.

"Once I got the psychologist's name, I checked it on the Internet to make sure she was suitable," Wahyu said.

"When I decided to visit her, I did not ask for her permit because she is quite a popular psychologist," Wahyu said.

Nana said she was careful when choosing a child psychologist for her 2-year-old baby boy.

"I only took suggestions from doctors and relatives because it's about my son's growth. I didn't want to make the wrong decision," she said.

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Monday, October 6, 2008

RURAL VOTERS WARY ABOUT UNIFICATION

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October 06, 2008 |
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Rural voters wary about unification
Critics fear the affects of move on finances at various schools

2 comments by Greg Lindsay - Oct. 6, 2008 12:00 AM
Cronkite News Service

STANFIELD - Olivia Rodriguez graduated from Stanfield Elementary School in this farming and ranching community. Her four sons graduated from the school. Now three of her grandchildren go there.

It's the only school in the Stanfield Elementary School District, although the district is expected to grow in coming years along with the rest of Pinal County. Like Rodriguez, the school's 786 students move on to the Casa Grande Union High School District.

NOTE: STANFIELD IS A WELL RESPECTED ELEMENTARY SCHOOL.

The arrangement works for Stanfield, said Rodriguez, president and longtime member of the school board.

"Our kids are doing just fine," she said.

But things could change in November, when voters decide whether to endorse a proposal to combine the Stanfield Elementary School District with a piece of the Casa Grande Union High School District. It's part of a larger plan that would create seven unified districts out of seven elementary-school districts and two high-school districts across Pinal County.

The 13-member School District Redistricting Commission, created by the Legislature, presented Gov. Janet Napolitano with a plan that will have voters in 76 elementary and high-school districts around Arizona deciding whether to create unified districts. If all of the plans are approved, there would be 27 K-12 unified districts instead.

Forty-two of the districts in which voters are deciding on the question are outside of Maricopa County. Besides Pinal and Maricopa, counties in which voters are considering unification are Cochise, La Paz, Mohave, Pima, Santa Cruz, Yavapai and Yuma.

Gary Emanuel, an associate professor in educational leadership at Northern Arizona University, said many of the elementary districts considering unification were formed at the turn of the century, when fewer than 5 percent of the population attended school beyond the sixth or eighth grade.

"Elementary districts were formed first; some of the later districts formed unified districts," he said. "High schools were a late-19th century idea."

Proponents of the unification plans say combining districts can put more money toward instruction by reducing administrative costs. Opponents say it isn't clear how the plans will affect the finances of districts.

Rodriguez said a key issue in Stanfield was who can best serve the needs of students. She said most residents agree that the district as it's structured is doing that well.

"The needs of kids in rural districts are different than they would be in bigger districts," she said.

Like most districts facing unification votes, the Stanfield Elementary School district and the Casa Grande Union High School district were urging voters to defeat the plan.

Nancy Pifer, superintendent of the Casa Grande Union High School District, which would join with three elementary districts, said combining districts would require money the state hadn't provided. Her concerns include how to deal with differing pay scales and tax rates in different districts.

NOTE: PIFER IS A WELL RESPECTED PERSONALITY IN CASA GRANDE UNION HIGHSCHOOL.

She said her district already provided a seamless transition to high school for students from the various districts.

"Don't get me wrong; we're not perfect," Pifer said. "But we're working on that, and we don't need unification to do it."

Jay Blanchard, a member of the School District Redistricting Commission and an Arizona State University professor of psychology in education, said the biggest issue facing districts was fear of the unknown.

"These school districts have been around for 100-plus years, and most generations have an allegiance to their school district, an allegiance to their sports teams, an allegiance to their schools," he said. "And sometimes change can be scary."

But Chris Thomas, general counsel for the Arizona School Boards Association, said voters should be concerned about how much unification could cost because the state hasn't committed money to help districts make it happen. Thomas said merging salary schedules and dealing with contracts for duplicate services were two examples.

"My real problem is the uncertainty that will happen with the plan," said Thomas, who also serves as president of Madison Elementary School District, a Phoenix-area district considering unification. "Instead of a financial saving, there will be a financial burden."

The school-boards group is supporting the decisions of the local boards regarding unification.

Martin Shultz, chairman of the School District Redistricting Commission, said school districts are trying to throw people off by contending that the unification plan is incomplete.

"The resistance to change, you can cut it with a knife," Shultz said. "It's very thick. While I know it's meaningful to them, we're trying to improve education for Arizona students. This is very important to the future of education."

But for residents of Stanfield, Rodriguez said, the issue comes down to how to serve the community's children.

"We're not afraid of change," she said. "We want the best for our kids."

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The utility lobbyists controlled that commission. Someone needs to ask APS how much their taxes will go down while everyone elses goes up!
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I wouldn't get worried about this POS passing as it's so ridiculous I can't see that happening. There is absolutely no advantage to do this on a statewide scale and there is no advantage to do this to most of the districts they want to combine.
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Learn more about unification

Voters will have opportunities to learn more about the school district unification proposals this month.


• The Arizona School Redistricting Commission is hosting a public forum about the redistricting proposals from 2 to 4 p.m. Tuesday at the State Capitol, Hearing Room 3, 1700 W. Washington St.


• The Arizona Business and Education Coalition will host a public forum about school district unification at 3 p.m. Oct. 20 at the SGI-USA Phoenix Culture Center, 1930 E. Myrtle Ave. in Phoenix. Panel members will present both sides of the issue.


• Publicity pamphlets for the six plans in Maricopa County are posted at the Maricopa County School Superintendent's Web site, maricopa.gov/schools.

Campaign groups

In favor


• Maricopa County Unified for Student Success: www. yesonthequestion.com.

Against


• Preserve Madison: (Phoenix) www.preservemadison.org


• Preserving Phoenix School Districts: www.preserving phoenixschooldistricts.org


• Citizens for Quality Education: (Glendale) citizensfora qualityeducation.com


• West Valley Citizens for Schools: (Litchfield Park and Avondale) notomegadistricts.org


• Preserve Kyrene: (Phoenix and Tempe) www.preserve kyrene.org
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Careers in Psychology

Interest in studying psychology has grown enormously in recent years. Not only is psychology a fascinating subject to study, but it also prepares graduates for a very wide range of careers. Some of these have obvious connections with psychology and are listed below. But psychology also provides a useful training for a much wider range of career options. These include market research, social work, teaching, nursing, advertising, sales, media and broadcasting, personnel management and even the police and the Armed Forces.

British Psychological Society (BPS)

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Some schools and colleges do offer GCSE or A Level Psychology. However, if you are keen on studying psychology at university, an A level in Psychology is not normally an essential entrance requirement. Many universities do insist on GCSE maths, though, because statistics and research methods are part of all BPS accredited degree courses.

Psychology at University

Universities offering degree courses in psychology approved by the BPS are listed on the BPS website and at The University of Wales site. Beyond university, the career options listed below demand further, specialist training and experience. Check the BPS website for further details at http://www.bps.org.uk.

Clinical Psychology

Training in clinical psychology usually takes place after students have obtained relevant work experience in clinical psychology. Students then undertake a three-year postgraduate training course.

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Educational Psychology

Educational psychology is closely allied to developmental psychology. Educational psychologists work in schools, together with teachers and parents, to enhance children's learning and development, especially in cases of behavioural and learning difficulties. Training involves an initial degree in psychology, a teaching qualification (e.g., the PGCE) and at least 2 years experience of teaching in schools, before starting postgraduate training in educational psychology. (There is no requirement to be a qualified teacher in Scotland).

Forensic Psychology

Forensic psychologists work in the field of criminal and civil justice, providing support to the police, the prison and probation services, the National Health Service and the Social Services. Postgraduate courses in forensic psychology typically require one year of full-time study.

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Sunday, July 6, 2008

China's 1 child policy causes extra pain

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China's 1-child policy causes extra pain

Friday, May 16, 2008

By CHRISTOPHER BODEEN, Associated Press writer

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WUFU, China — Bi Kaiwei and his wife, Meilin, stopped having children after their daughter was born, taking to heart China's one-child policy and its slogan "Have fewer kids, live better lives."

For them and other couples who lost an only child in this week's massive earthquake, the tragedy has been doubly cruel. Robbed of their sole progeny and a hope for the future, they find it even harder to restart their shattered lives, haunted by added guilt, regret and gnawing loss.

NOTE: CHINA WAS HIT BY EARTHQUAKE LAST MAY 12,2008.

"She died before becoming even a young adult," said Bi, an intense, wiry chemical plant worker, standing beside the grave of 13-year-old Yuexing _ one of dozens sprinkled amid fields of ripened spring wheat and newly planted rice. "She never really knew what life was like."

Yuexing, a bright sixth-grader, was in school when Monday's quake struck, bringing the Fuxin No. 2 Primary School crashing down, killing her and 200 other students. Teachers had locked all but one of the school's doors during break time, parents said, leaving only a single door to escape through.

Many among the more than 22,000 people killed across central China were students in school. Nearly 6,900 classrooms collapsed, government officials said Friday, in an admission that highlighted a chronically underfunded education system especially in small towns and compounded the anger of many Chinese over the quake.

In Wufu, a farming village two hours north of the Sichuan provincial capital of Chengdu, most of the dead students were a couple's only child _ born under a policy launched in the late 1970s to limit many families to one offspring. The policy was meant to rein in China's exploding population and ensure better education and health care.

The "one-child policy" has been contentious inside China as well as out. The government says it has prevented an additional 400 million births. But critics say it has also led to forced abortions, sterilizations and a dangerously imbalanced sex ratio as local authorities pursue sometimes severe birth quotas set by Beijing and families abort girls out of a traditional preference for male heirs. The policy is law but there are exceptions.

NOTE: 1 CHILD POLICY IN CHINA IS A LAW.

Farther down the lane from where Yuexing is buried, 10 more graves were laid out, some accompanied by favorite items _ textbooks for English and music, a pencil box, a Chinese chess set. At one, grandmother threw herself to the dirt and wailed as her husband lit a handful of "spirit paper" believed to comfort the dead in the afterlife.

Another bereaved parent, Sang Jun, stood where his daughter, Rui, is buried, a simple mound of dirt beside his quake-shattered farmhouse. The house is surrounded by burned bushes _ a traditional disinfectant.

"The house is gone and the child is dead," said Sang, who wore a T-shirt and plastic sandals. His parents, both in their 70s, looked on with tears in their eyes.

Resistance by ordinary Chinese has forced Beijing to relax the policies, allowing many rural families to have a second child if the first was a girl. But in Wufu, the family planning committee seems to have prevailed on most families to stop at one child. Slogans daubed on boundary walls and houses all along the rutted country road leading to Wufu call on families to "stabilize family planning and create a brighter future."

Standing in the rubble of the school holding his daughter's ID and a posed shot taken at a local salon, Bi _ pronounced "Bee" _ said starting a new family, either by having another child or adoption, is simply imponderable.

"I'm 37 years old and my child was 13. If we were to do it again, I'd be 50 when this stage comes along," Bi said.

Parents who lose children in disasters often feel intense guilt for what they see as a failure to protect them, said psychology professor Shi Zhanbiao. Parents, he said, may also recall their past relationships with their children with regret, thinking they were too stern, did not show them sufficient love or did not interact with them enough.

"They'll think that if they just hadn't sent their children to school that day, they would have been saved," said Shi, a researcher with the Chinese Academy of Science in Beijing.

The loss is intensified for those with no other offspring to lavish with care and affection, Shi said. And in China, other, more practical concerns may also come into play because children are generally expected to care for their aging parents.

"They'll be worried about the future, because for the later part of their lives, they'll have no one to depend on," Shi said.

Bi said Yuexing was polite and smart. She had won a coveted place at the county's best high school on the recommendation of a teacher. She was a top student who got better after the family moved closer to school to reduce her commuting time, said Bi, who completed high school but failed the national university entrance exam.

In her pictures, Yuexing, whose name combined the Chinese characters for moon and star, is smiling and demure. The studio shot shows her wearing a bright yellow sweater and looking playfully over her shoulder.

Parents in Wufu said they plan to bring a formal complaint over what they say was corruption and malfeasance in construction of the school. They say officials moved the students from a group of one-story classrooms _ all of which survived the quake _ into a modern-looking, but unsafe building.

"We have nothing else, no other wish but to win justice for our children," said Sang's wife, Zhao Jing. "We put all our hopes on these kids, and this is the return we get."

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Saturday, July 5, 2008

NICE GUYS FINISH LAST

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Nice guys finish last

By Kate Spicer

April 10, 2008 08:14am
Article from: The Australian

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* Businessman hires coach to learn how to act mean
* His ruthless behaviour sees him succeed at work
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THEY'RE the colleague who came in as your junior and just keeps getting promoted, despite being a complete and utter idiot.

They're the highly caffeinated female boss who manages her team like a Serbian warlord, but thinks of herself as a really sweet person.

They're the overly confident, sports-car-driving guy who has had sex with all the women and mocks all the men.

In case you hadn't noticed, "assholes'', as Americans call them, are everywhere and, what's more, they're doing really well.

Ruined by niceness

The first line of Marty Kihns book, A$$hole: How I Got Rich and Happy by Not Giving a Shit About You, is: "I was the nicest guy in the world and it was killing me.''

NOTE: KIHN IS A WELL KNOWN AUTHOR.

Blogs Blog: Do nice guys finish last?
Related story Newsletter: Latest Business Sense to your inbox

His wife, colleagues, boss and neighbour, the staff in his local coffee shop, the people he bumped into in parks, even his dog and cat - everyone was taking the P, says Mr Kihn, who works for a marketing company.

The final straw came when his boss told him that, unless he started playing hardball, they were going to demote him to a less aggressive part of the organisation - the humiliatingly termed "soft track'' - and upgrade a colleague Mr Kihn calls The Nemesis to a window office.

Philosopher Jung says everyone has an opposite they want to be, a shadow self. In Mr Kihn's case, that opposite was an asshole. He decided to turn himself into one - and, in telling his story, he describes exactly how you can do it, too.

Turn that smile upside down

For all the humour in his mission, the truth is, it really worked. By finding the balls to act like an asshole, he crushes The Nemesis, gets a promotion, then nets a bundle of cash, and a second home into the bargain, by selling the book to Hollywood for a six-figure sum - all this despite clearly being a big pussycat.

"In corporate America,'' he says, "if you are ambitious, or if you just want to go for the big money, it
more than helps to be an asshole.''

Mr Kihn built a serious team - acting coach, life coach and both personal and dog trainer - to help master the art of assholism.

"You've got to try on a character for size,'' he says. "The acting coach had me dress up in a bear suit, stand on Broadway and have people stare at me to remove self-consciousness.''

This was just the start. He also stood in a mall, giving a dollar to anybody who would insult him, to try to stop caring what people thought.

He practised aggressive sports such as boxing. He repeated asshole mantras and affirmations: "Clear your mind of all nice, helpful, self-defeating thoughts and replace them with mean, selfish, ass-kicking patterns.''

Don't pray to God, pray to a higher power in you, wishing every ill, including bad haircuts, on all your adversaries. The use of eye contact is also important.

"If you stare at people hard enough, you can make them walk backwards,'' he says.

"I studied Al Pacino's body language in Scarface: no smiling, his eye contact is constant. He doesn't blink - Pacino's eyeballs must have felt like sandpaper.''

NOTE: PACINO IS A HOLLYWOOD ACTOR WHO PLAYS ' ASSHOLE' ROLES IN HIS MOVIES.

An asshole never listens to anybody. Tony Montana from Scarface, and The Nemesis from work, were his key role models.

"A true asshole is someone who lacks empathy and has clear goals,'' Mr Kihn says. "Someone who unthinkingly takes credit for another person's actions.''

He found inspiration everywhere he looked. He reels off some assholes: Donald Trump, former New York mayor Rudy Giuliani, Martha Stewart, David Letterman.

And Hollywood clearly is not short of assholes. "God, no,'' he says. "Nicole Kidman. I've been around her, observed her. I've never seen anybody with a more powerful sense of self.''

Experts agree

Chris Jackson, business psychology professor at the Australian School of Business, agreed being mean and ruthless at work sometimes had benefits, but warned they often didn't last.

"When you behave badly and negotiate hard and you treat people poorly, you're likely to get other people's resources," Mr Jackson said.

"So there's definitely a short-term benefit."

But when it comes to needing someone to do something for you, you're going to find it very difficult to persuade them, he said.

"You'll probably have to continue to be coercive, which only builds up more resistance and negativity and encourages people to leave.

"So instead of acquiring a network of colleagues who work together to solve problems, you acquire a network of people who are resistant to you and will try to bring you down."

Be a role model

Inspiring people through good leadership, acting as a role model or by encouraging them to have your goals and values will leave workers more motivated to achieve what you want them to achieve, Mr Jackson said.

"But I want to make it clear that assertiveness and authority aren't necessarily bad characteristics," he said.

"Just because you know what you're talking about and negotiating strongly doesn't make you an asshole."

Read full interview with Marty Kihns at The Australian.

- Additional reporting by staff writers
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Angry man / File
Think mean ... the only way to get ahead at work - and in life - is to be a bastard, according to a businessman.
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Latest Comments:

I have given up my hope of "what goes around comes around", the nasty behaviour of others probably will never be punished or given in kind to them. I used to believe in Kama, "You get what you give, ... eventually". I am tired of being nice, but I wont be a complete AHole, just consider myself before others .......
Posted by: Jim of null 2:06pm April 14, 2008

the draconian style of leadership achieves very little in the long term..a participating leader creates greater respect and encourages the best out of all....however you are correct the weaker softer approach does let everyone p.. on you..money power isnt everything in life..do unto others etc
Posted by: alan anderson 10:10am April 14, 2008

When I started working my parents said to me that I am there to work, not to be popular or liked, and to ignore all the intrigue/politics and arseholes that pervade the workplace. Respect others and let your work speak for itself, then all will be good. However there was one guy who kept calling for me like I was a dog, and treated me like one. Ppl kept going to me saying they wouldn't cop that if they were me. I went up to him saying I was offended but he shrugged it off. The next time he did it I put him on report, but he wasn't fazed. The third time was in the car park all alone as I was going home. He pushed me up against a wall and did what bullies do because he found out that I actually reported him. Too bad for him there was a security camera watching our every move in the car park! Let's just say he found out being an arsehole didn't pay after all!:D
Posted by: Oldie of Sydney 1:09am April 14, 2008

It doesn't work. Id tried being as asshole at work but it got me fired. So now Im just an Caring Understanding Nice Type.
Posted by: Converted Asshole 10:40am April 13, 2008

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Friday, July 4, 2008

STUDENTS SUFFER HIGH DEPRESSION RATES

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Students suffer high depression rates

June 02, 2008 01:30am
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MORE than 20 per cent of female HSC students have severe depression and suffer from stress, while 30 per cent show symptoms of acute anxiety, new figures reveal.

An alarming number of year 12 students are breaking down in psychological distress in their final year of school as they prepare to sit their final exams, News Limited reports.

More than 11 per cent of year 12 boys are seriously anxious, 18.3 per cent are stressed and 15 per cent acknowledge they are depressed, new research by Flinders University School of Psychology shows.

Students exhibit a range of symptoms such as awareness of their heart activity when at rest, trembling hands, panic, lack of motivation and even feeling that their life is meaningless.

Researchers have separated out the impact of exams on students' psychological health.

More than 53 per cent of male students and more than 60 per cent of female students attribute most of their stress to final year exams.

Dr Julie Robinson from the Flinders School of Psychology said researchers found a ``significant number of boys and girls'' had levels of stress, anxiety and depression - far more in the HSC year than in year 11.

NOTE: ROBINSON IS A WELL RESPECTED PROFESSOR IN FLINDERS SCHOOL OF PSYCHOLOGY.

"These are alarming numbers... some young people have six times the range of clinical stress that you would expect,'' she said.
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Thursday, July 3, 2008

MENTAL TRAUMA RAMPANT AFTER CHINA EARTHQUAKE

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Mental trauma rampant after China earthquake

Tuesday, May 27, 2008

By AUDRA ANG, Associated Press Writer

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DEYANG, China — Liu Yisi sits on a hospital bed, reading a comic book. His nose is bruised, swollen and cut, and his left arm is heavily bandaged.

NOTE: CHINA WAS HIT BY AN EARTHQUAKE LAST MAY 12, 2008.

While his physical injuries from China's May 12 earthquake are healing, mental trauma has made the 13-year-old withdraw into mostly silence.

Li Fuhong, a psychology professor who voluntarily drove nearly 200 miles to the disaster zone, speaks softly to Liu. He coaxes the boy to tell him what happened when he escaped the ruins of his school in the city of Mianzhu and makes him repeat these words: "The bad events are over. The future will be better. I need to be strong."

NOTE: LI FUHONG IS A WELL RESPECTED PSYCHOLOGY PROFESSOR IN CHINA.

The teenager is lucky to be getting help. Across central China's disaster zone, many other such victims with mental trauma are going untreated because health services are already strained.

Hospitals and clinics were destroyed along with so much else across Sichuan province in the quake, leaving acute shortages of staff and facilities. In the immediate aftermath, medical services have focused on treating crushed and broken bones, amputated limbs and on preventing disease outbreaks.

Experts warn that mental trauma could be a hidden toll for many survivors.

The government says the quake may have killed more than 80,000 people, leaving many more to deal with the deaths of loved ones. Millions have had their homes shattered and their lives thrown into turmoil. No government estimate of people needing psychological help has been released, although the state-run Legal Daily newspaper quoted an expert as saying they could number as high as 600,000.

Teams of psychologists, psychiatrists and volunteer counselors like Li Fuhong have gone to the hardest-hit areas, where mental health professionals have been swamped.

"China has been struggling to help thousands of people distressed and traumatized in the unprecedented earthquake that ravaged many parts of Sichuan," the official Xinhua News Agency said last week. "Many volunteers and experts have rushed to quake zones but psychologists are still in great demand."

In the past, there has been a social stigma attached to mental illness in China. Increasingly fast-paced _ and stressful _ lifestyles stemming from two decades of economic success have forced a greater awareness of the problem.

Xinhua reported last year that there were 16 million mental patients in the country but services at the grass roots level were still lacking, and public awareness was minimal. Health officials have said that by of the end of 2006, there were only 1,124 mental institutions, with 146,000 beds and 19,000 psychiatrists or assistant psychiatrists.

Hospitals left standing by the quake have been overrun with serious injuries. The government has rushed more than 10,000 doctors or nurses to the area and a dozen field hospitals have been erected, Health Ministry spokesman Sun Jiahai said Tuesday in Beijing.

Signs of mental and emotional strain are widespread.

Relatives, weeping inconsolably, fall to the ground in front of plastic-wrapped bodies of sons and daughters killed in a school collapse in Hanwang. In the town of Beichuan, so badly damaged that it has been abandoned, villagers stare blankly in shock at what used to be their homes. Some talk with gratitude about having escaped with their lives _ only to dissolve into tears.

Metin Basoglu, head of trauma studies at London's Institute of Psychiatry at King's College and the director of the Istanbul Center for Behavior Research and Therapy in Turkey, said 80 percent of the survivors could be expected to suffer short-term effects of post-traumatic stress disorder, a condition that can develop after a person is exposed to a terrifying event in which physical harm has either occurred or was threatened.

Half will have longer-term problems, which include obsession with the trauma, nightmares, flashbacks, emotional numbing, loss of interest in life, irritability, memory problems and hyper-vigilance _ a state of constant alertness.

"Fear is the most serious problem," Basoglu said. "Many people will find that their fear of earthquakes interferes with their everyday activities," including sleeping, bathing _ even walking into a building.

In the Deyang City No. 1 People's Hospital, the scene was chaotic last week as doctors and nurses rushed from one injured person to the next as they lay on beds cramming hallways and in tents on the hospital grounds. Away from the hubbub, Li _ the counselor from Southwest University in Chongqing _ talked quietly with the teenager, Liu.

Liu's mother, Zhao Xiaoxia, said the normally outgoing teen barely ate in the days after the disaster, and could not fall sleep unless she was holding his hand.

But the therapy by Li seems to be working.

"Now," Zhao said with a broad smile, "he wants fried chicken."

In another sign that health care professionals will not reach everybody in need right away, the Ministry of Health has issued a handout of guidelines on how to help survivors, rescue workers and volunteers who have experienced the carnage. Blue flyers circulated by Sichuan health authorities offer concern and compassion from the ruling Communist Party.

"When we're facing a disaster, the first thing we want to do is to continue living," it said. "That's the only way we can fight the disaster."

To make up for the shortage of counselors, doctors are encouraging survivors to look after each other, trying to create support systems in quake-shattered communities.

In Shifang, a town surrounded by rice fields where two chemical plants collapsed and buried more than 600 people, a steady stream of people visited three tables lined with medicines and staffed by doctors from the Taiwan-based Buddhist Compassion Relief Tzu-Chi Foundation.

"It's different from America here. Social and familial support is strong and it makes people feel better, safer," said Chien Sou Hsin of the foundation. "It's a special thing."

China is officially atheist, and there were no signs apparent that people were taking solace in religious counseling.

Basoglu, the trauma expert, and his colleagues have developed a method for dealing with large numbers of survivors from disasters _ work that grew from his experience after two quakes killed 19,000 people in Turkey in 1999. The method encourages victims to confront their fears and the simple message can be delivered through pamphlets, television or radio.

"Once they overcome their fear, all other PTSD and depression symptoms disappear," he said.

For some, recovery seems far away.

The nights have been the hardest for retired soldier Luo Tiangui. He flails violently in his hospital bed, eyes unblinking and shouting incoherently. "I am a bad person," he says, over and over.

Luo, 57, was buried in his house but survived with a broken thigh and fractured ribs. His mental state is more fragile.

Lying shirtless and sweating, Luo stared at the ceiling, murmuring "It's on fire, it's on fire" _ one of the many hallucinations his family says he's been suffering.

Doctors said Luo has suffered a great fright, and he's being given drugs to help him sleep. They have told his family they should share happy moments with him in the hope that it helps.

At his bedside, Luo's wife, Wei Yunqun, and 21-year-old daughter, Luo Cui, stroke his hands, which did not stop trembling. The TV above his bed is kept off so he isn't bombarded with news from the quake.

"It's too hard to bear," said Wei, 54, her eyes filling with tears as she looked at her husband, a former construction worker and furniture-maker.

"There was never anything wrong with his mind," Cui said.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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