Tuesday, January 3, 2017

The Hollywood sign in Los Angeles, California was modified to read “Hollyweed” on Sunday. Security camera footage shows the perpetrator was dressed all in black, said Sergeant Robert Payan.

Christopher Garcia, a spokesperson of the Los Angeles Police Department, said the suspected male offender is being investigated for trespassing rather than vandalism. The sign was not physically damaged; the modification was done using black tarpaulins decorated with signs of peace and heart to alter the “O” to read lowercase “e”.

Betsy Isroelit, a Hollywood Sign Trust spokesperson said, “There was obviously recent legislation in California that may have inspired people. But to me, it looks more like a New Year’s Eve prank.” On November 9, legislators voted in favor of a ballot for legalising recreational use of marijuana in California for the age group of 21 and above.

Previously, on January 1, 1976, Daniel Finegood had vandalised the sign using curtains in a similar manner to read “Hollyweed”. As a college student, Finegood had modified the sign for an assignment in art class. Finegood, in 1990, had modified the sign again, signifying a political issue, modifying the sign to read “Oil War” to protest the Persian Gulf War.

The sign was vandalised in 1992 before the US presidential election. Supporters of presidential election candidate Ross Perot altered the sign to read “Perotwood”.

The law legalising recreational marijuana is due to come into effect in 2018.

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

Friday, December 23, 2011

Speaker of the U.S. House John Boehner announced yesterday that he would agree to a two-month extension of the payroll tax cut. In an effort to end the impasse between the House and Senate, Boehner told Senate Democratic leader Harry Reid that he would schedule a House vote on the Senate version of the bill that would extend the tax cut, which was due to expire at the end of the year.

Speaker Boehner announced the agreement in a brief statement: “Senator Reid and I have reached an agreement that will ensure taxes do not increase for working families on January 1”. Boehner informed other congressmen of the deal in a conference call yesterday evening.

The House may pass the bill via unanimous consent today, which would not require the presence of all members. Boehner and Reid also agreed to a bipartisan negotiation committee to sort out differences and extend the tax cut for an entire year, a goal recently sought by Republicans in the House.

The extension of the payroll tax cut, which would prevent approximately 160 million Americans from seeing a tax increase in 2012, had already been passed by the Senate last weekend. Earlier yesterday, Senate Republican leader Mitch McConnell joined several other Republican Senators in encouraging the House to pass the extension.

Senate Democratic leader Harry Reid said that once the House acts, he “will be happy to restart the negotiating process to forge a yearlong extension.” At a news conference, Speaker Boehner issued a statement: “We have fought the good fight. Why not do the right thing for the American people even though it’s not exactly what we want.” President Obama also responded to the development in a statement: “This is good news, just in time for the holidays. This is the right thing to do to strengthen our families, grow our economy, and create new jobs. This is real money that will make a real difference in people’s lives.”

The tax cut extension impasse began when the House effectively rejected the Senate-approved version of the bill on Tuesday after being faced with opposition from House Republicans, specifically those associated with the Tea Party movement, who advocated for spending cuts and the controversial Keystone XL oil pipeline.

Saturday, June 16, 2012

Two weeks ago, FanFiction.Net purged the site of much of the adult content, surprising many fan fiction readers and writers; leaving several archives on the Internet unprepared for a deluge of new users, problems continuing to this day. FanFiction.Net removed around 62,000 stories after a change allowing writers under the age of eighteen to register.

FanFiction.Net spelled out the reasons for their purge on the front page of the site:

According to alixe75 on LiveJournal’s ffdotnetrants, FanFiction.Net deleted 2,002 Naruto stories, 1,497 Twilight stories, 1,256 Harry Potter stories, 670 Glee stories, 364 Inuyasha stories, 364 Hetalia – Axis Powers stories, 282 Kingdom Hearts, 213 Pokemon stories, 143 Yu-Gi-Oh stories, 127 Dragon Ball Z stories and 47 Doctor Who stories amongst others. rahirah on Dreamwidth provided another statistic, “Approximately 11% of all BtVS [Buffy the Vampire Slayer] stories were zapped. That may not sound like much, but FFnet is big – that comes to thousands of stories.” feckless-muse on Dreamwidth reported the purge included banning users. Despite the purge, Alexa reports no drop in traffic to FanFiction.Net.