byAlma Abell

Few things are as guaranteed to wreak havoc on your home like a flooded basement. A flooded basement can not only destroy whatever was in the basement already, but also potentially destroy your home’s very foundation if not handled properly. Thankfully the means to protect your basement from this happening, to “waterproof” it, as it’s referred to, are easy to requisition. But what if you don’t know your house needs it? Like, say, if you’ve moved into a new house and have no idea you’re in danger of this happening? If you are skeptical if your basement needs waterproofing in Boston, here are the key signs to watch out for in order to determine that you in fact do need this service.

#1. Flaking walls

Most basements are made of brick and mortar, and water and brick don’t really mix well. When water and brick interact for too long, it can cause the brick to flake. This means that, bit by bit, the brick will begin to erode, and parts will start flaking off. Obviously, this is a problem for the rest of your house, even if the basement isn’t necessarily flooded. Flaky bricks are weak bricks, and that poses a serious threat to the structural integrity of your home.

#2. Musty air

If the air in your basement smells musty as you walk through it (and don’t worry, this is not a smell that’s hard to miss) then you should call a professional waterproof specialist immediately. This is a sign that not only is there water in your basement, but that said water has been there long enough that mold has formed, and that mold has developed spores, which are now in the air. For anyone with breathing troubles already, this will be a nightmare if not addressed quickly.

#3. Salt deposits

If the walls of your basement are made out of stone or concrete instead of brick, salt deposits are your means of telling if they’ve contacted water. When water and stone meet, and the water dries up after a while, there will be in its place a layer of white or gray powder left on the surface. Finding this means that you’ve found where the water is.

If you’ve noticed any of these signs or something similar, don’t wait another minute. Call the professional waterproofing specialists at Basement Technologies immediately to get an estimate. Like us on our facebook page.

Posted in Salt Therapy Solutions

Wednesday, March 1, 2017

On Sunday, Disney’s Zootopia won the Oscars award for the Best Animated Feature Film at the 89th Academy Awards ceremony held at Los Angeles. Pixar’s animated short Piper won the Oscar for Best Animated Short Film and Disney’s The Jungle Book won for Visual Effects.

Others competing with Zootopia in the category were Kubo and the Two Strings, My Life as a Zucchini, The Red Turtle, and Disney’s Moana. This was the first Oscar for directors Byron Howard and Rich Moore who were previously nominated for, respectively, Bolt and Wreck-It Ralph.

In the acceptance speech, director Byron Howard said, “About five years ago, almost six now, […] we got this crazy idea of talking about humanity with talking animals in the hopes that, when the film came out, it would make the world just a slightly better place.” The Disney movie addresses several social problems such as racism, sexism, prejudice, stereotyping, and fear. The New York Times said the parental guidance (PG) rated movie was “Funny, smart, thought-provoking — and musical, too.”

Before announcing the award, Mexican actor Gael Garcia Bernal said, “As a Mexican, as a Latin-American, as a migrant worker, as a human being, I’m against any form of wall that wants to separate us.” The movie was released in March, during the 2016 US presidential race.

In an interview with Variety, the directors of Zootopia said movies about bias and discrimination haven’t been Disney’s main focus, but during its production, “Things were not great in the world. […] It was more like we had our finger on something important right now and we really need to do our best to portray this as honestly as we can. Then with the election and the campaign, the real move towards governing by fear […] I don’t think we could have predicted it any closer with this film.”

With this win, the Walt Disney Company has won nine out of ten Best Animated Feature Film Oscars in the last decade, with Pixar Animation Studio winning six out of them. Zootopia also won Best Animated Film at the Annie Awards and the Golden Globe Awards.

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Tuesday, April 14, 2020

In February 2017, the Iranian Chess Federation announced two teenage chess players, Dorsa Derakhshani and her younger brother Borna Derakhshani, were banned from representing the national team. The federation announced their decision although Dorsa Derakhshani had previously decided and informed the chess federation she did not wish to play for Iran.

Dorsa Derakhshani is currently 21 years old and holds the International Master (IM) as well as Woman Grand Master (WGM) titles. Her brother, Borna, plays for the English Federation and holds the FIDE Master title.

Dorsa Derakhshani was banned since she did not wear a hijab, an Islamic headscarf, while competing at the Tradewise Gibraltar Chess Festival in January 2017. Under the laws of Islamic Republic of Iran, hijab is a mandatory dress code. Her brother Borna Deraskhsani was banned for playing against Israeli Grand Master (GM) Alexander Huzman at the same tournament. Iran does not recognise the existence of Israel, and previously, Irani athletes have avoided playing against Israeli athletes.

Mehrdad Pahlavanzadeh, the president of the country’s chess federation, explained the decision to ban the players saying, “As a first step, these two will be denied entry to all tournaments taking place in Iran and in the name of Iran, they will no longer be allowed the opportunity to be present on the national team.” ((fa))Farsi language: ?????? ????? ?? ??? ??? ?? ??? ????? ?? ?? ???? ???????? ?? ?? ????? ? ?? ??? ????? ?????? ??????? ????? ??????? ? ???? ???? ???? ?? ??? ??? ?? ??????? ????. He further stated, “Unfortunately, something that should not have happened has happened and our national interest is paramount and we have reported this position to the Ministry of Sports.” ((fa))Farsi language: ????????? ?????? ?? ????? ????????? ?????? ??? ? ????? ??? ?? ?? ?? ???? ?????? ???? ? ?? ??? ???? ?? ?? ????? ???? ?? ????? ?????.

IM Dorsa Derakhshani, who currently studies at Saint Louis University in the United States and plays for the United States Chess Federation, discussed her chess career, time in Iran and the 2017 controversy, and her life in Saint Louis with a Wikinews correspondent.

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Friday, March 29, 2019Toronto Comicon 2019 returned to its titular city from March 15 to 17, as one of the largest pop culture events in Canada. The popular event featured celebrity guests like actors Dan Fogler, Ron Perlman, John De Lancie, John Rhys-Davies, and Jaleel White, as well as comic artists, authors, and professional cosplayers. The event included a large show floor with hundreds of retailers and artists promoting their creations. Wikinews’ Nicholas Moreau attended the event, taking photos of the various sights.

John Rhys-Davies broke news when he revealed that a Sliders reboot is being considered. “Jerry [O’Connell] and I are talking to NBC at the moment. The basic problem is that no one knows who owns the rights”. Their legal department had apparently been looking into the matter for two months, as of the convention weekend. Emma Caufield talked of being cast in an NBC television pilot while a recurring guest actor on Buffy the Vampire Slayer. Faced with loosing the character of Anya Jenkins, the producers finally committed to making her a regular. “It was a good day,” she recalls.

Special effects costumer Ian Campbell, whose screen credits include Star Trek: Discovery, had a booth at the convention displaying his prop replicas and cosplay items. Amidst the bustle of activity, Campbell was working on a Thanos helmet sculpt. After the convention, he told Wikinews that “it can be tough to maintain focus with so many people streaming past and along questions, but sculpting in front of a crowd at conventions is great because it allows people to see the process that goes into what I do […] it also can serve as inspiration to other to pursue their own artistic endeavors.”

Lisa Mancini has been cosplaying for two years, her “passion” for the hobby “stemmed through my love for Halloween.” She typically chooses “to portray beloved characters from childhood or strong females. I also enjoy a good gender bent cosplay to ensure a touch of uniqueness!”

Mancini told Wikinews after the event that the best part of cosplay is “bringing a character to life.” One of the characters she took on this year was Squirrel Girl, a Marvel Comics character. Mancini has been described by the Daily Hive as a “squirrel whisperer”, for the close affinity some of the animals have for her.

Stephanie Chapman has knit a variety of knit outfits, an uncommon technique for cosplay. Prompted by Ron Perlman’s visit, she wore a costume based on Hellboy character Abe Sapien, which lacks the eyeholes of her normal masks. With “Abe, I wanted to go for accuracy over comfort,” Chapman told Wikinews, a choice leaving her largely helpless without a handler. The costume “is very warm […] so I have to stay hydrated and try to keep as calm as possible. It’s just really hard to stay calm when I meet someone like Ron Perlman”. With the combination of excitement and “the stress I’m putting on my body”, she shared that she was prone to meltdown in suit.

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Posted in Uncategorized

By Jerri Lily

Because the manufacturers violated the local minimum wage laws, many garment factories in South Africa, Newcastle were forced to close, but the factory workers who triggered a strong protest.

Spontaneous demonstrations of women workers is only long-term unemployment in South Africa a sign of a serious crisis. Because of poor management to close down their industries, as well as low-wage competition from China, the pressure, South African women are concerned they will lose one of the few non-technical jobs, although the wages are very low.

The end of apartheid 16 years ago, South Africa to follow the Western open market economy, promoting economic growth, but still can not resolve the thorny problem of unemployment. South Africa’s unemployment rate has climbed to the highest point of the world, contributing to the richest areas in Africa crimes, aggravated the social unrest. Even worse, the global economic downturn the country to win a million jobs. More than one third of the South African workers have been unemployed. 15-34 year-old black, more than half of the unemployed. “The figure is incredible,” Yale University economics professor James Levinsohn said.

[youtube]http://www.youtube.com/watch?v=sdzCELofGgE[/youtube]

Increasingly strong argument for the unemployed, but South African President Jacob Zuma has failed to achieve his inaugural commitment to the creation of new jobs. Experts are debating the causes of unemployment, unions are fighting for higher wages for workers negotiated with the Government. However, most people think very deep roots of the crisis can be traced back the history of apartheid. At that time the government put into the inferior black schools, and stole their land, homes and businesses, the millions of people isolated in small towns and rural areas where they cut off economic ties. Until 1994, South Africa before apartheid and rebuild the economic system.

More complex, the large number of uneducated blacks poured into the labor market, but the transformation of South Africa’s economy forward and technology-intensive, agricultural and mining sectors in the gradual disappearance of traditional labor.

The leaders invest heavily in education, but the failure of post-apartheid system, many poor blacks can not be integrated into the accountants, engineers and managers in high demand in the economy. Economists said that as lack of skilled workers, companies have to recruit people from other African countries.

Last year’s financial crisis, the South African economy contracted significantly. Zuma, held in Durban last week, meeting commitments of political parties, the Cabinet will soon take action. But it is unclear what he called “as soon as possible” how fast. 8 months ago, Zuma proposed wage subsidies to encourage the young and inexperienced workers, but then the South African Congress of Trade Unions strongly oppose the pay increase proposal.

However, Newcastle have been very serious unemployment crisis. Many factory workers last month, protests, the factory was closed. Now, close the plant has resumed operation. 5 pm, thousands of black women ride home from the factory out of line. But workers are still worried that the recovery time being will not last long.

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Posted in Public Relations

Wednesday, May 21, 2008

News media in the United Kingdom are reporting that a boy under the age of 18 was served with a court summons by City of London Police because he held a placard calling Scientology a “cult” at a peaceful protest on May 10. Human rights activists have criticized the decision to issue the 15-year-old the summons as an affront to freedom of speech, and representatives for the City of London Police force explained the actions of the police.

Individuals from the group Anonymous were protesting Scientology in the fourth protest in as many months, as part of the anti-Scientology movement Project Chanology. The Project Chanology movement began when the Church of Scientology attempted to get a leaked Scientology promotional video featuring Tom Cruise removed from websites YouTube and Gawker.com.

Members of Anonymous were motivated by the actions of the Church of Scientology, and bombarded Scientology websites and were successful in taking some of them down. Anonymous later changed tactics towards legal measures, and held international protests against Scientology on February 10, March 15, April 12, and most recently May 10.

At the May 10 protest, the 15-year-old boy was present and held up a placard which stated: “Scientology is not a religion, it is a dangerous cult,” with a mention at the bottom of the sign to the anti-Scientology website Xenu.net. He attended the protest held outside the Church of Scientology building on Queen Victoria Street, near St Paul’s Cathedral in London. In a post made by the boy on the anti-Scientology website Enturbulation.org, he stated: “Within five minutes of arriving I was told by a member of the police that I was not allowed to use that word, and that the final decision would be made by the inspector.” The website describes itself as “A Source for Information on Dianetics and the Scientology Organization”. Using the pseudonym “EpicNoseGuy” at the Enturbulation.org message board, the boy goes on to describe how he was “strongly advised” by police to remove the placard.

City of London Police cited section five of the Public Order Act 1986 to the boy, which deals with “harassment, alarm or distress“. In response, the boy cited a 1984 judgment given by Mr. Justice Latey in the Family Division of the High Court of Justice of Her Majesty’s Courts of Justice of England and Wales, in which Latey called Scientology a “cult” and said it was “corrupt, sinister and dangerous”. In the actual 1984 judgment made by Judge Latey, he stated: “Scientology is both immoral and socially obnoxious. […] In my judgement it is corrupt, sinister and dangerous. […] It is dangerous because it is out to capture people, especially children and impressionable young people, and indoctrinate and brainwash them so that they become the unquestioning captives and tools of the cult, withdrawn from ordinary thought, living and relationships with others.” According to the boy’s post at Enturbulation.org, the City of London Police told him he had 15 minutes to remove the sign in question. He was given a court summons by the police about a half-hour later, and his sign was removed and taken by the police as evidence.

I am going to fight this and not take it down because I believe in freedom of speech.

In videos of the May 10 protest posted to YouTube, City of London Police can be seen telling protesters not to use the word “cult” in their signs. Protesters discussed the issue with police and stated that they had checked with lawyers and verified that criticizing religion was a valid form of protest. The police warned protesters that if they violated police instructions regarding usage of signs “you will be prosecuted”. A female police officer read a form statement to the 15-year-old and stated: “I’ve been asked, if you could remove it [the sign] by 11:30, if not then I’ll have to come back and either summons you or arrest you.” The boy read Mr. Justice Latey’s 1984 judgment to the police, and then said: “I’m not going to take this sign down.” He told fellow protesters: “If I don’t take the word ‘cult’ down, here [holding up his sign], I will be either, I think, most likely arrested or [given] a summons. I am going to fight this and not take it down because I believe in freedom of speech, besides which I’m only fifteen.”

After the boy was given a summons one of the protesters asked a member of the City of London Police force: “Are we allowed to say Justice Latey says Scientology is a cult?”, to which the police officer responded: “I’ve already had this discussion with people. Direct quotes by individuals, I haven’t got a problem with.”

This barmy prosecution makes a mockery of Britain’s free speech traditions.

“This barmy prosecution makes a mockery of Britain’s free speech traditions. After criminalising the use of the word ‘cult’, perhaps the next step is to ban the words ‘war’ and ‘tax’ from peaceful demonstrations?” said Liberty director Shami Chakrabarti in a statement in The Guardian. The boy has appealed for help in order to fight the potential charges and possible legal action from the Crown Prosecution Service (CPS).

Ian Haworth of the United Kingdom-based Cult Information Centre also commented on the actions of the City of London Police to The Guardian, saying: “This is an extraordinary situation. If it wasn’t so serious it would be farcical. The police’s job is to protect and serve. Who is being served and who is being protected in this situation? I find it very worrying.”

News of the summons issued to the UK minor has received significant attention on the Internet, hitting the front pages of websites Slashdot, Digg, and Boing Boing on Wednesday. The story has also been discussed in hundreds of blog postings, including sites related to the tech-sector and others related to civil liberties.

City of London police had received complaints about demonstrators using the words ‘cult’ and ‘Scientology kills’ during protests against the Church of Scientology on Saturday 10 May.

In a statement given to publications including The Guardian and The Register, a representative for the City of London Police explained the rationale for the summons: “City of London police had received complaints about demonstrators using the words ‘cult’ and ‘Scientology kills’ during protests against the Church of Scientology on Saturday 10 May. Following advice from the Crown Prosecution Service some demonstrators were warned verbally and in writing that their signs breached section five of the Public Order Act 1986. One demonstrator, a juvenile, continued to display a placard despite police warnings and was reported for an offence under section five. A file on the case will be sent to the CPS.”

“City of London Police upholds the right to demonstrate lawfully, but we have to balance that with the rights of all sections of the community not to be alarmed, distressed or harassed as a result of others’ actions,” said City of London Chief Superintendent Rob Bastable in a statement given to The Register and The Daily Telegraph. Unlike the City of London Police, the Metropolitan Police Service (the territorial police force responsible for Greater London excluding the City of London) has not raised an issue with protesters using the word “cult”, according to Londonist.

… if we receive a file we will review it in the normal way according to the code for crown prosecutors.

A spokesman for the CPS told The Guardian that they did not give City of London Police specific instruction about the boy’s protest sign. The spokesman said that the CPS gave the City of London Police “general advice” about the laws governing protests and “religiously aggravated crime”, but did not give advice about this specific case. “… if we receive a file we will review it in the normal way according to the code for crown prosecutors,” said the CPS spokesman.

The City of London Police has faced controversy in the past for its close association with the Church of Scientology. When the City of London Scientology building opened in 2006, City of London Chief Superintendent Kevin Hurley praised Scientology in an appearance as guest speaker at the building’s opening ceremony. Ken Stewart, another of the City of London’s chief superintendents, has also appeared in a video praising Scientology. According to The Guardian over 20 officers for the City of London Police have accepted gifts from the Church of Scientology including tickets to film premieres, lunches and concerts at police premises. Janet Kenyon-Laveau, spokeswoman for the Church of Scientology in the UK, told The Guardian that the relationship between the City of London Police and Scientology was mutually beneficial, and said that Scientologists conducted clean-up campaigns in urban areas affected by drug use problems. A City of London Police spokesman released a statement in November 2006 saying: “We are conducting a review to ensure that all members of staff are aware of the force policy on accepting hospitality and to assess whether clarification or amendment of this policy is necessary.”

Each of the Project Chanology international protests against Scientology has had a theme: the February protest called attention to the birthday of Lisa McPherson, who died under controversial circumstances while under the care of Scientology, the March protest was arranged to take place two days after Scientology founder L. Ron Hubbard‘s birthday, the April protest highlighted the Church of Scientology’s disconnection policy, and the May protest highlighted the Scientology practice of “Fair Game” and took place one day after the anniversary of the publication of Hubbard’s book Dianetics: The Modern Science of Mental Health. Another international protest is planned for June 14, and will highlight the Church of Scientology’s elite “Sea Organization” or “Sea Org”.

 This story has updates See No prosecution for UK minor who called Scientology a ‘cult’ 

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Sunday, August 21, 2005

A robotic system at Stanford Medical Center was used to perform a laparoscopic gastric bypass surgery successfully with a theoretically similar rate of complications to that seen in standard operations. However, as there were only 10 people in the experimental group (and another 10 in the control group), this is not a statistically significant sample.

If this surgical procedure is as successful in large-scale studies, it may lead the way for the use of robotic surgery in even more delicate procedures, such as heart surgery. Note that this is not a fully automated system, as a human doctor controls the operation via remote control. Laparoscopic gastric bypass surgery is a treatment for obesity.

There were concerns that doctors, in the future, might only be trained in the remote control procedure. Ronald G. Latimer, M.D., of Santa Barbara, CA, warned “The fact that surgeons may have to open the patient or might actually need to revert to standard laparoscopic techniques demands that this basic training be a requirement before a robot is purchased. Robots do malfunction, so a backup system is imperative. We should not be seduced to buy this instrument to train surgeons if they are not able to do the primary operations themselves.”

There are precedents for just such a problem occurring. A previous “new technology”, the electrocardiogram (ECG), has lead to a lack of basic education on the older technology, the stethoscope. As a result, many heart conditions now go undiagnosed, especially in children and others who rarely undergo an ECG procedure.

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How Do You Measure a Chainsaw Blade and Chain?

by

Cullen BlakemanIs your chainsaw starting to seem dull and not perform as well? Looks like it’s time to replace the chain. In order to do this, you will need to know the length of both the chainsaw blade as well as the length and size of your chain. If you’ve checked out the manufacturers’ charts, they might seem a little overwhelming. But it really is pretty simple once you understand what’s involved in the length of the blade and chainsaw chain.

When you’re ready to replace your chain, the first thing to do is determine the size of your chainsaw bar. If you happen to have an Oregon chainsaw, this should be easy. Just check the first two numbers of the ten-digit model number that is stamped on the motor end of the blade. That’s your chainsaw bar length.

Don’t have an Oregon chainsaw that easily shows you the length of the blade? Then here are some tips for figuring it out yourself.

How To Measure Your Chainsaw Blade

[youtube]http://www.youtube.com/watch?v=zGxo3VtWlSw[/youtube]

You may wonder how do you measure a chainsaw blade. To determine what size your chainsaw blade is, you need to measure starting from where the bar comes out of the casing all the way to the end of the bar.

To eliminate any confusion, the words “blade” and “bar” are both used interchangeably to refer to the same thing … the long metal blade that extends from the motor casing and holds the chain that does the actual sawing.

For all manufacturers, chain saw blades are made in 2-inch measurements. Although the most often seen are the 16-, 18- and 20-inch sizes, you can actually buy chainsaw blades as small as 10 inches or as long as 42 inches. If your blade measurement doesn’t end in an even number, then round up to the nearest one.

Measuring A Chainsaw Chain

To measure the chain on your chainsaw, there are two things you will need to know … the number of drive links and the pitch of the chain.

The number of drive links actually determines the length of the chain. A drive link is simply a tooth on the chain. The pitch of the chain will also affect the size of the drive links.

The pitch of a chain is the size of the chain. This is the distance between any three rivets, then divided by two. Your chain pitch is important because it must match the pitch of the drive sprocket and sometimes the bar nose sprocket. The pitch should be stamped on the drive link.

To be more specific, a 1/4″ pitch chain might have 52 drive links and be 2.17 feet in length, while a 3/8″ pitch with 52 drive links would be 3.18 feet in length. The number of drive links has a direct correlation to the blade length.

If you have any questions, the manufacturer of your chainsaw or anyone who makes chains should be happy to help you figure out what you need to know.

But if you know what size

chain saw blade

or

chainsaw chain

you need and are eager to buy a replacement, check out the huge selection and good deals at ChainsawDeals.com

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Posted in Clothing

Sunday, March 25, 2018

Visual art, fabric art, photography, performance, dance, virtual reality, and music were all the subject of sessions at Furnal Equinox 2018, a conference held from March 16 to 18 at Toronto’s Westin Harbour Castle. Canada’s largest furry convention by attendance, the annual event offers dozens of subculture-specific programs.

The convention’s communications and public relations coordinator for the event, Ronnie, describes furries as “people that enjoy arts and culture centred around animals and animal-themed topics, essentially. Furnal Equinox in particular, we like to celebrate in a very visual and very […] artistic nature, where we have lots of arts and performances and crafts that go on, and people celebrate with lots of socialisation involved.”

Of the attendees, Ronnie told Wikinews “they come from all walks of life. They are people of all ages, sizes, all sorts of backgrounds, and they come together under one mutual interest, which is their love for animal culture.”

“Programming at Furnal Equinox involves[…] a lot of informational panels, so you can find out about topics from art and how to draw, or how to visually incorporate different elements into your artworks. You can also find panels that teach you how to write better, be a better fiction author for example,” explained the event representative.

At one panel Wikinews attended, members of its all-volunteer organising committee spoke of the year-long process of planning the event, and their reasons for committing such a significant amount of their time. Said one panelist, “if you’re happy, we’re happy.”

The largest hub of activity at the convention was a dealer’s room; nicknamed the “Dealer’s Den”, giving it an anthropomorphic twist. Vendors were selling original visual art, wearables like faux fur tails or ears, or things like jewellery or soap with motifs that would interest attendees.

The back area of the room was dedicated to a charity auction, with proceeds benefiting Happily Ever Esther Farm Sanctuary. According to the convention website, the charity is “dedicated to rescuing abused, neglected, and abandoned farmed animals. Their goal is to provide a safe, life-long home for all of their residents, and to educate the public about the true nature of farmed animals through tours, volunteer programs, and community outreach.”

Split into groups, some attendees played “Fursuit Games” in front of an audience, like trying to toss a ball into a garbage can. The activity made harder, of course, by the limited dexterity and vision the most of the costumes entail.

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Posted in Uncategorized

Wednesday, March 25, 2009

Treasury Department secretary Timothy Geithner and the Obama administration are pressuring Congress to allow the government to seize troubled financial institutions such as insurance companies and investment firms. Currently, banks are the only such entities that the government has authority to take over.

Speaking before the House Financial Services Committee, Geithner said “The United States government does not have the legal means today to manage the orderly restructuring of a large, complex non-bank financial institution that poses a threat to the stability of our financial system.”

Committee Chairman Barney Frank (D-MA) agreed, saying, “When non-bank major financial institutions need to be put out of their misery, we need to give somebody the authority to do what the FDIC can do with banks.”

Geithner would work with the White House and Federal Reserve to execute any such takeovers.

The expanded powers would have allowed the seizure of companies such as pariah AIG, which has already received US$180 billion in government aid. The recent controversy over the payment of bonuses has bumped up the plan to high priority. It was initially to have been part of a more comprehensive overhaul by the government of the financial regulatory system.

Not all are happy with the proposal. Republican House minority leader John Boehner derided the plan, saying it would be “an unprecedented grab of power.”

Maxine Waters (D-CA) criticised the government for its lack of transparency in dealing with the current crisis, and questioned Geithner on whether firms such as Goldman Sachs had received preferential treatment by the government. Such probing may indicate reluctance on the part of Congress to grant the expanded powers.

Other than simply taking over a firm, the government would also be able to purchase its assets, guarantee losses, and take out a partial ownership interest.

“It is a terrible, tragic thing that this country came into this crisis with such limited tools for trying to protect the economy itself from the kind of distress that would come as the system came back down to Earth,” Geithner summarized.

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