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7/12/2009 Grandma's lesson for the day......7/9/2009 The Federal Reserve "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men." By: Woodrow Wilson, 28th US President (1856 - 1924) Date: 1916 Attributed: In reference to signing the Federal Reserve Act in 1913. 7/7/2009 Food for a year...... Reading the Basic 1 Year Adult Food Storage Supply on Cheryl's blog they allot 1 lb. of peanut butter.....ACK!!! I go through that every week and a half to 2 weeks!! Luckily I could live on beans and rice and split pea soup.....AND, of course, peanut butter. We've been buying beans and rice by the bulk and going through them surprisingly fast. My least favorite bean is lentil but husband LOVES lentil soup and he does whip up a a pretty tasty pot of it. And today we're headed to Sam's where we'll look at buying a small freezer. We've already got 250 gallons of water storage and a generator (a small quiet one) and are stocking up on TP and canned goods. Are we nuts? Well, if you think about it, everything will cost more next month, so why not stock up on necessities. We're off to the dentist in Flagstaff.....I KNOW he is going to say you need a crown and I'm going to tell him I can't afford that.....just do a patch. I think many of our health professionals look at what's good for their pocketbook rather than our best health interest. 6/8/2009 Tagged.com is a SCAM SCAM SCAM!!! If you get any emails supposedly from a friend saying they sent you a message, added you as a friend, or sent you pictures from Tagged.com JUST DELETE IT!!! I got one from a friend and joined up to see the pics and then Tagged.com hijacks your address book and repeatedly sends emails to your friends. It's like a virus.....just delete the email. I can't believe I was so gullible....I usually check things like this out before doing anything, but that morning I had seen the friend who supposedly sent it to me ..... sigh Here's what Wikipedia says about it. Tagged.com is a social networking site that has had numerous consumer complaints lodged against it for its practices, and is regarded as a phishing and spamming site by consumer anti-fraud advocates. Tagged.com provides a feature whereby users are invited to provide it with their email username and password, and it will then check their email address books for contacts and repeatedly send email invitations to people who are not yet on Tagged, claiming that they have been "added as a friend" or had photos of them tagged. Once a user receives an email inviting them to "see photos", the email address is recorded and they are deluged with spam from other companies. Here's more information from Consumer Fraud Reporting: Tagged.com 6/7/2009 New computer.... I bought a 24" iMac and love it. I hunched over my laptop for years but now I can sit back w/o my glasses am very comfortable and can SEE. There's a world of difference between a PC and a Mac but I'm learning. AND I got a 25% discount from the neighbors nephew on a friends and family deal. I was disappointed that it couldn't open my WordPerfect documents ...... mainly my recipes that I've been collecting over the years. I still have my laptop sitting next to this huge screen and have to access it now and then. I'm not much of a music gal but this has a marvelous iTunes program and I downloaded all my Enigma CDs. The sound on this is marvelous.....almost like Boze speakers. I'm having fun learning all the new neat stuff. I wish there were an Apple store closer than Phoenix to get some free lessons but nothing is worth the 2 hour drive to that big, bad-air, congested city. 5/30/2009 No Problem....??? This is a long article but well worth reading. Hopefully you aren't one of those saying "No problem". Ruth Gary North's REALITY CHECK Issue 861 May 29, 2009 THE "NO PROBLEM" MINDSET: GUARANTEED DESTRUCTION Most people will not change. Too radical. Not going with the flow. Not betting against the herd. The best examples in the 20th century were Jews in Germany in 1933. They stayed. This included Jewish bankers, all of whom could have left. They thought they could deal with Hitler. They did not read "Mein Kampf." They did not take it seriously. About 7% did leave early: 38,000 out of 523,000. More left after 1938. By 1941, about 160,000 remained in Germany. Then emigration was closed by the Nazis. Earlier, it was encouraged. The data are here. http://www.garynorth.com/snip/867.htm At some price, almost all could have left. There were countries that would have let them in. They would have had to learn a new language. They would have arrived in poverty. But Jews had faced those options ever since the Assyrian captivity in the eighth century B.C. So what? They all would not have escaped the Nazis. Some would have moved to other European countries that were overrun by Germany after 1939. But they could have tried to get away. They stayed. They refused to acknowledge the warning signals. "It can't be that bad." It got worse. The Armenians went through the same thing. The Turkish massacres of 1895 were a foretaste. Most stayed behind. Then came the genocide of 1915. NO PROBLEM! Look back at the economy in October 2007. The Dow was at 14,000. The banks were booming. Real estate was down a little, but the experts gave no warning. They were wrong. All of them. The U.S. government is running a $1.8 trillion deficit this year. Federal tax receipts are down 34%, which means that the deficit will go above $2 trillion. No one cares. No one says, "This is the end. The American economy will never again be what it was." Think "2007." Would you have believed that Chrysler and GM were both headed for bankruptcy. In October 2007 GM shares were at $43. Now they are at $1. There was an industry called investment banking. Bear Stearns, Lehman Brothers, and Goldman Sachs were not part of the commercial banking system. To survive, a few made the transition in September 2008. Some did not make the cut. Merrill Lynch is gone. Bank of America and Citigroup were bailed out by the government. They would have gone under. They sell for a fraction of what they did in 2007. And what do most people say. "No problem." There is no problem for which their answer is not "no problem." Medicare will go bust. Social Security will go bust. "No problem." The unemployment rate keeps rising. "No problem." When people refuse to face reality, because reality is going to be more painful than anything they have experienced, they look for signs that the problems they cannot avoid without changing are really not that bad. They look for offsetting good news. They think the status quo ante will return. The U.S. government is about to spend another $30 billion to buy a dead carcass of a company. It has already spent $20 billion. "No problem." The government will let the company stiff bondholders for $27 billion in exchange for 10% of the company, 72% owned by the government and 17% by the United Auto Workers medical insurance fund. "No problem." Bondholders were originally told that it would take a 90% vote to authorize this. The government has changed the rules. It will determine after the May 30 vote by bondholders what percentage must approve. "No problem. The details are here: http://www.garynorth.com/snip/866.htm The company will never return to what it was. "No problem." People will not buy as many cars as before from a company run by the government and the United Auto Workers. "No problem." The Dow rose 100 points on the rumor that the largest bondholders will accept the deal. The deal is a disaster, but investors are in "No problem" mode. Somehow, the wipeout is less of a wipeout. Who is going to buy a GM car instead of a Japanese car? Here is a company that is about to break its contracts with thousands of its dealers. "No problem." Yet buyers are expected to trust a GM warranty. Oldsmobile is gone. "No problem." Pontiac is going. "No problem." Cadillac sells its cars with an ad of a flash model putting the pedal to the medal. Hot stuff! The company thinks people with money will not see through this ad. The Cadillac division has lost its way. "No problem." The price/earnings ratio for the S&P 500 is over 120. Traditionally, 20 was regarded a sell. The investor pays $120 on the hope that the stock will retain a dollar of earnings, and pay investors some minimal percentage of these earnings as dividends. "No problem." We are watching the investment world adopting a lemming mentality that has always produced losses. "This time it's different. No problem." CONSUMER CONFIDENCE The Conference Board announced that consumer confidence is up to 55. The 50 figure is neutral. Yet consumer confidence is a lagging indicator historically. When it rises, the stock market usually falls. The indicator is a reflection on what the stock market has done recently. To use consumer confidence as a justification for buying stocks is nonsense. This is like saying, "I will buy stocks because the public is confident, which based on the fact that stocks have risen." If that strategy worked, stocks would never stop rising. Even hard-money newsletter readers are beginning to doubt that the recent good news is in fact "less worse than expected" bad news. This is the stuff of dreams that do not come true. Readers look at the reports, and the reports look awful: falling home prices, rising unemployment, an astronomical Federal deficit. But the media say we are close to a bottom -- the bottom of a crash that none of them forecasted. Readers think, "by the standards of late 2007, what we are seeing daily was inconceivable. Optimists speak of a slow, weak recovery. Pessimists speak of hyperinflation and depression simultaneously. But as the chorus proclaims "No problem," the public mindlessly picks up this refrain. "We have nothing to fear but . . . fear itself!" Yet as FDR delivered those words, Hitler was consolidating power in Germany. Stalin was beginning the purges. A quarter of the U.S. work force was unemployed. But Roosevelt began the refrain: "No problem." Four years later, unemployment was still 20%. The Federal deficit had ballooned. Happy days were not here again. Your friends don't want to hear your pessimism any more. They don't want to change. They will refuse to change. In 1934, Ludwig von Mises realized that Hitler, an Austrian, would seek to bring Austria under German hegemony. He warned Jewish economists to leave. They had been his students at his famous seminar in Vienna. Fritz Machlup believed him, and came to the U.S. So did Gottfried Haberler. Mises went to Switzerland as a professor, leaving his great personal library behind. He fled to the U.S. in 1940, after France had fallen. He never got a full-time teaching job again. A few listened. Most did not. "No problem." HEARING, THEY WILL NOT HEAR People count the costs of making a change. This is wise. Jesus taught: For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it? Lest haply, after he hath laid the foundation, and is not able to finish it, all that behold it begin to mock him, Saying, This man began to build, and was not able to finish. Or what king, going to make war against another king, sitteth not down first, and consulteth whether he be able with ten thousand to meet him that cometh against him with twenty thousand? Or else, while the other is yet a great way off, he sendeth an ambassage [ambassador], and desireth conditions of peace (Luke 14:28-32). In short, count the costs. This is what people have refused to do. They have counted the cost of doing something radical. It's high. They have counted the immediate cost of doing nothing new. It seems low. They prefer doing nothing. But what about the long term? What about: 1. Retirement (no Social Security or Medicare) 2. The Federal Deficit ($1.8 trillion this year) 3. Federal Reserve's monetary base (doubled) 4. Falling house prices 5. Rising unemployment 6. The war in Afghanistan (forever, until our defeat) "No problem!" How do you reason with these people? Answer: you don't, if you value your time and your privacy. If you turn out to be wrong, you will be ridiculed or at least treated as a child. If you are correct, you will be hated. You will also be hit up for money. If you are a Christian, you will be told you are heartless. You will become a line of credit for those whose mantra was "No problem!" They don't want to change. They will not change. They will not listen to you. And when things turn out much worse than even most newsletter writers are forecasting, you will be hated. Are you prepared for this? Do you have a real plan to deal with what is obviously an unfolding disaster: rising government ownership, massive deficits, rising unemployment, falling house prices, busted retirement pensions, rising interest rates (falling corporate bonds), and Federal Reserve inflation on a scale never seen in American history? Or do you think you can delay. "No problem! CONCLUSION We live in today's world. It's bad, but it's not a catastrophe. We must keep our heads above water. A Tsunami is coming. In such a scenario, you have got to get out of the water and off the beach. But few people ever do, unless they have seen a tsunami. Few have. Allocate some percent of your wealth to tsunami-avoidance. Do it quietly. Do not discuss this with your big-mouth brother- in-law. What do you really think is likely to happen? Not what you would prefer will happen. Think, "General Motors in October 2007" Think Chrysler, Merrill Lynch, and Lehman Brothers. No one saw it coming. It came. Problems. Big, big problems. 5/18/2009 Interesting......
3/27/2009 Letter to editor in local newspaper Thursday, March 26, 2009 Letter: Stacy Kramer was an angel among us. Editor: Stacy Kramer was a testament to the way one ought to live their life. She lived her life to the fullest, with a husband and children and an entire community that loved her. She devoted decades to teaching the young of our community, and she taught them brilliantly. As an educator for several decades I can attest to the fact that Stacy was the best teacher I ever had the pleasure of working with. In her dying, she felt compelled to ease the minds of those around her. She comforted us at a time when we all struggled with how to comfort her. As someone said, "What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others." She is woven into the lives of many people over many generations in this community, and her life has greatly enriched us all. "I've seen angels wearing the disguise of ordinary people living ordinary lives." Stacy Kramer was just such an angel. Thanks be to God for sending her to live among us. John Tavasci Jr. Clarkdale 3/24/2009 StacyMy dear friend, Stacy, died March 13th. She was a remarkable person..... if you met her, you loved her. For the first week I was so terribly relieved for her and her family that the suffering had ended, and after crying for a day, I was feeling pretty good. I, along with several other friends had taken care of her two or three days a week and I had stayed knotted up, tossing down Tums and Pepcid AC. I guess one doesn't realize how stressed one is until the stress is gone. When her obituary came out in the paper the relief ended and the sorrow hit me .... hard. I shall cherish all the 30+ years of wonderful memories we shared. The very best was a week long trip to Maine for four of us. For Christmas 2007 Stacy, with her then 15 year old daughter's help, gave our little group a beautiful calendar with pictures of the Maine trip and other shared memories over the years. Although 2008 was a leap year and the dates won't be current until 2036, that calendar will hang above my computer forever. I miss you terribly, my brave, beloved friend.
Stacy 1949 - 2009 3/11/2009 FUNNY!!!Rarely do I laugh uproarously at anything......but this is one of those things.
This is from newshound Dave Barry's colonoscopy journal: 3/9/2009 Just not fair.....My brave, wonderful friend with cancer is still hanging onto life only by a thread. Two weeks ago I thought each breath was going to be her last, however she is very strong willed. I sat with her this afternoon and she was very vocal, making up words and making sense only to herself. It is so difficult to see her like this. The family is attempting to be as normal as possible but they are all going through hell.
Hospice is very helpful with a nurse and also a bath giver coming three days a week, but someone has to be with her 24/7. She is such a beautiful, caring and giving person that many of her friends consider it an honor to spend whatever time they can with her.....no matter how difficult and heartbreaking. I pray, for her and her family's sake, that I'm not needed on Thursday and Friday. 2/22/2009 Life...My friend is home with hospice and is going downhill rapidly. I sat with her in the hospital and now I'm spending some afternoons to sit with her and care for her while her family tries to keep some semblance of normalcy while grieving and to get some sleep if they were up during the night. It really puts perspective on all the minor things in life that upset us and what is really important. 2/10/2009 Prayers needed.....My heart is breaking. My beautiful, brave, spunky friend, who has been battling cancer for 3 1/2 years and made it through brain tumor surgery in October, had a bowel blockage. She waited ten days before going to the ER because she couldn't face what it might be. The tumor is imbeded in her bowel and inoperable. They gave her a colostomy and she's fighting to regain strength. Please pray for her. 2/5/2009 The FedThe Federal Reserve: What the Heck Is It?February 4, 2009 by Guest Writer Sedona, AZ — By J. Rick Normand, SVVT Financial Columnist…
“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world…no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.” – President Woodrow Wilson, shortly after signing the Federal Reserve Act
I’ve regularly heard educated Americans say…“What’s the worry with all this money our government owes? We just owe it to ourselves!” WRONG! This common misconception is rooted in the mistaken idea that the United States Federal Reserve Bank (commonly known as “the Fed”), and its twelve regional subsidiary banks, are part of the U.S. government. They are not!
The money in your pocket is not an American government issued currency backed by an asset, but rather a Fed created fiat currency backed by nothing. The U.S. media, complicit with the government, willingly promotes this deception. Our news media and our elected representatives are keeping up the false impression that the Federal Reserve is part of our government!
The Fed was formed in 1913, by Congressional Act, and signed into law by then President Woodrow Wilson, as a private, for profit bank, that controls our government and economy through Congressionally “non-recourse delegated authority (not accountable since Congress relinquished their authority).” They control the money supply, and create inflation, depression, recessions, etc.
They are NOT accountable to Congress, the President or anyone in government, nor to the voters, taxpayers, and citizens of this country. Yes, I know that most people think that since the President of the United States appoints the Chairman of the Federal Reserve it has to be a government entity. Wrong again!
The President merely chooses his/her selection from a list of candidates given to him/her by the Federal Reserve and presents this person to the Congress for approval. It’s a show, people! The Fed has agreed to have the President “appoint” its Chairman, from a list of candidates given to him by the Fed itself, in order to cause the people to believe it’s a government agency appointment. You’ve been deceived.
Who owns the Fed then? Mr. Agata Zhang, a “Business Support Analyst” at the Federal Reserve, had this to say: “The [twelve] regional Federal Reserve Banks, which were established by Congress as the operating arms of the nation’s central banking system, are organized much like private corporations - possibly leading to some confusion about ‘ownership’.”
The Regional Reserve Banks issue shares of stock to ordinary commercial member banks, ownership of which, by law, is a condition of membership in the System. “The stock, [unlike a normal for-profit company, however], may not be sold, traded, or pledged as security for a loan; dividends are, by law, six percent per year. Again, the holding of stock in a Regional Federal Reserve Bank does not carry with it the control and financial interest conveyed to holders of common stock in for-profit organizations.”
In other words, the Federal Reserve Bank is a lawful “banking cartel” which would normally be illegal under U.S. Anti-Trust laws. The Regional Federal Reserve Banks own all the shares in the U.S. Federal Reserve Bank.
But some of the larger New York commercial bank shareholders in the Regional Reserve Banks have foreign ownership that are European investment banks such as Rothschild & Co. And, the New York-based commercial banks carry a lot of sway!
So, have the Courts decided whether the Federal Reserve Banks are privately owned or not? Yes, in several cases. Here is one of them which went up to the 9th Circuit Court of Appeals:
LEWIS v. UNITED STATES
John L. LEWIS, Plaintiff/Appellant v. United States of America, Defendant/Appellee. No. 80-5905. United States Court of Appeals, Ninth Circuit. Submitted March 2, 1982; Decided April 19, 1982; As Amended June 24, 1982; “Plaintiff, who was injured by vehicle owned and operated by a federal reserve bank, brought action alleging jurisdiction under the Federal Tort Claims Act. The United States District Court for the Central District of California, David W. Williams, Jr., dismissed holding that federal reserve bank was not a federal agency within meaning of Act and that the court therefore lacked subject-matter jurisdiction. Appeal was taken. The Court of Appeals, Poole, Circuit Judge, held that federal reserve banks are not federal instrumentalities for purposes of the Act, but are independent, privately owned and locally controlled corporations. Affirmed.”
“Each [Regional] Federal Reserve Bank is a separate corporation owned by commercial banks in its region. The stockholding commercial banks elect two-thirds of each Bank’s nine member board of directors. The remaining three directors are appointed by the U.S. Federal Reserve Board. The Federal Reserve Board regulates the Reserve Banks, but direct supervision and control of each Bank is exercised by its board of directors. 12 U.S.C. § 301. The directors enact by-laws regulating the manner of conducting general Bank business, 12 U.S.C. § 341, and appoint officers to implement and supervise daily Bank activities. These activities include collecting and clearing checks, making advances to private and commercial entities, holding reserves for member’s banks, discounting the notes of member’s banks, and buying and selling securities on the open market. See 12 U.S.C. §§ 341-361. . . [Furthermore,] the twelve regional Fed Banks are listed as neither “wholly owned” government corporations under 31 U.S.C. § 846 nor as ‘mixed ownership’ corporations under 31 U.S.C. § 856 . . .”
How does the Fed work then? This will stun you. The United States Department of the Treasury, which is headed up by the Secretary of the Treasury (formerly Henry Paulson, now Tim Geithner), a presidential cabinet appointment who is not elected, calls up Ben Bernanke at the Fed (Chairman, who is not elected) and says, “Ben, thanks to Congressional approval, I need, oh say…$500 billion…so, I’ll have $500b in Treasury notes printed up and I’ll give ‘em to you (the Fed) in exchange for a credit to the Treasury’s account at one of your regional banks (the Federal Reserve Bank of New York).”
Ben says, “Thanks Tim Boy, I’ll create the bucks for you on our books as a ‘receivable’ due to us (the Fed) and you create a ‘payable’ for yourself (the U.S. Treasury in behalf of U.S. taxpayers) when I credit your account with us showing the government’s deposit of our money in your account at our bank. Remember, though, Tim Boy, this is just a loan to you at the government (keeping in mind that the U.S. Government Treasury is just a custodian for your money as a taxpayer), so you have to pay it back with interest. Got it? My shareholders gotta get their interest, you know! See ya!” Factually, those Treasury notes are just promissory notes obligating the Treasury, and therefore you, as a taxpayer, to pay back the borrowed sum to the privately owned, for-profit, central bank known as “the Fed.”
Lou Dobbs put it this way…“Let me ask you a simple question: What country in its right mind would create a system that would force it to lend itself money and have to repay the money with interest? What sane country would charge itself interest? What nation would put itself out of business by making it bankrupt because of interest? The answer is none! America is not charging itself interest on its debt, the privately owned central bankers are doing this and they are hiding in plain sight! Congress (with the exception of Ron Paul), every US president, and every single member of the corporate media are either part of the conspiracy or just plain stupid!” My dear readers, people who aren't even elected and have no accountability to you whatsoever, have the power to run the U.S. economy.
You can clearly see what they’ve done to it…and to each of you. The U.S. Federal Reserve is a danger to each of you and does not operate in your behalf. It works for private bankers, and indirectly, for foreign investment banks too!
Online article at: http://sedonaverdevalleytimes.com/the-federal-reserve-what-the-heck-is-it%20/
2/3/2009 Check stuff out.....Today I got an email with a CNN video about a new Amnesty Bill. It made me MAD but thought I'd best check it out before sending it on. As it turned out the CNN clip and bill were both from June 2007 and the bill had already died.
The lobbyists get heard so why shouldn't you? Our representatives will listen to us if enough of us make the small effort to contact them. They want to keep their jobs.
So here are two websites we all should use:
1. To find out if an email is legit or worthy of sending on:
2. To contact our congressmen and representatives:
2/2/2009 Feeding, not starving....Feed a cold......starve a fever. Well I guess that's what I've done because I've gained 3 pounds in the ten days I've been sick. Actually I haven't eaten more.....just haven't exercised. I have gone to Curves 3 days a week for the last three years and hiked/walked two miles daily for the last 30+ years. So that goes to show that no exercise plus age (I'll be 66 next month ACK!!!) equals excess FLUFF aka fat. I'm still coughing so I didn't go to Curves but today's a lovely day to start walking again. Super Exciting BowlWhat a great game! I am proud to be a fan. The headline in the Phoenix paper was "Heartbreak" but I know the fans don't feel that way. It was one of the best football games I've ever seen. Thank you, Cardinals, for a thrilling ride. I am sure there will be a huge group of fans welcoming them home. 1/31/2009 Hanging in there...Day 8 of the crud. I'm feeling better but when I talk I'm either high and squeeky or sound like a longshoreman. No, I don't mean cussing. And if I try to talk, I cough and am disgusting. I won't even mention all the sludge. Anyway, it sure does make me appreciate that 98% of the time I'm hale, hardy and healthy. I'm very grateful to have a dear husband who has lovingly pampered me through all my grossfullness (another credible word) this week. Consider the poor sick single people, or even worse, the sick single working mom with sick children. Oh my....... 1/30/2009 Things I've only done once......Warnings:
Never lick a windmill on a Minnesota winter day.
Probably someone dared me to do it. I was very young but won't forget the terror.....then pain.
Never try to club someone with a loaded 45 handgun.
It was handy and heavy and I really only wanted to HIT husband with it. He took it away, carried me outside and locked the door. Hey, I was 18.
Never throw dishes in a temper snit.
At least not AFTER dinner dishes. I felt pretty foolish later scrapping food off the ceiling, and mad at myself for breaking some of my only dishes. I was 21 or so.
Never put your panti-liner in upside down.
In a hurry.....off to work and didn't realize it till potty break....OW!!! Had to yell for scissors.....how embarassing!
Never cook lima beans in a pressure cooker.
I heard a strange noise and walked into the kitchen to find hot goo flying everywhere. I shut the burner off but it kept on shooting onto the ceiling, lights and cupboards, then dripping down on my hair, face and clothes. What a mess! It was so ridiculous I howled all the while I was cleaning it all up. Can't blame youth here......I was mid-50's.
What stupid things have you only done once? |
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