Source: as tagged || kukajung
Credit: weareshining

There’s more pain on the way for Australia’s borrowers with the Reserve Bank today raising interest rates for the third time in as many months.

As widely tipped, the central bank lifted its key cash rate by 25 basis points to 3.75 per cent following its monthly board meeting. It’s the first time the RBA has lifted rates three months in a row. (Click here for economists’ reaction, including Michael Pascoe and Peter Martin.)

”In Australia, the downturn was relatively mild, and measures of confidence and business conditions suggest that the economy is in a gradual recovery,” RBA Governor Glenn Stevens said in a statement accompanying the rates verdict. The central bank’s ”gradual” increases in rates will ”work to increase the sustainability of growth in economic activity,” he said.

For a typical mortgage holder on a $300,000 mortgage, today’s rate rise will add about $47 to monthly repayments, assuming commercial banks match the RBA’s move. Officials for most of the major banks this afternoon said their rates policies were under review.

The Reserve Bank has made regular public comments in recent weeks that it sees no need to keep interest rates at ”emergency” levels as the economy rebounds from a slowdown during the past year. Ric Battelino, the RBA’s deputy governor, last week said the economy’s growth is likely to extend ”for a few more years yet.”

More to rises come

Still, the economic data continue to provide mixed readings. A measure of manufacturing activity in November out today showed the sector continues to grow with companies adding jobs, although the stronger Australian dollar slowed the pace of expansion.

Overall building approvals, meanwhile, surprisingly fell 0.6 per cent in October, according to other figures out today. A 5 per cent gain in approvals for private homes was countered by a 19 per cent drop in permits for flats and townhouses.

Even with today’s rate increase, the Reserve Bank’s efforts to tighten monetary policy are likely to be far from over.

”The big change in this statement was their reference to the increases so far as being material,” ANZ’s head of Australian economics Warren Hogan told Reuters.

”I read that as implying that they’re ready to now sit back and watch how these increases affect the economy. And the hurdle for further rate hikes will be much higher than we have seen so far.

“So I think our view that they’re going to 4 (per cent), 4.25 then sit there for much of the year is the right one. There’s every chance they’ll do it in February and March, although I wouldn’t be surprised if it’s dragged out over a number of months.”

JP Morgan’s Chief Economist Stephen Walters agreed that the RBA may make it four rate rises in a row: “With inflation likely to creep up, and the worst in the economy having passed, there is no need to keep rates at very expansionary levels.”

“We think they will again lift rates in February,” Mr Walters

said. ”The RBA does not meet in January, but I think they will hike when they return after the break. The word ‘gradual’ is still there in the RBA statement and I think they will start going slow in lifting after February.”

Before today’s move, investors were betting that rates would rise to at least 4.75 per cent in a year’s time – equivalent to four more rate rises over the period. Three weeks ago, however, the betting was for rates to rise to 5.25 per cent, indicating confidence in the economy’s strength has recently diminished.

The RBA’s board is not scheduled to meet again until next February.

Political view

Treasurer Wayne Swan said the rate rise would pinch household funds.

”This is tough for families…when rates go up it has an impact on the family budget,” Mr Swan told reporters.

He took aim at old comments from new Opposition Leader Tony Abbott that the government’s billion-dollar stimulus had led to interest rates rises.

”That is laughable and it comes from a political leader who is prone to making erratic statements,” Mr Swan said.

”Mr Abbott is in denial of the fact that this country has performed well in the global recession.”

Even with the latest jump, these rates were last seen in 1967, Mr Swan said.

Mild downturn

A year ago, the Reserve Bank was in the midst of a series of deep interest rate cuts as Australia joined other countries in attempting to limit the damage from the global financial crisis.

Last December, the RBA sliced one full percentage point from its cash rate, lowering it to 4.25 per cent on the way to a fifty year-low of 3 per cent by April. After a pause, the central bank has started to lift rates back towards more normal levels as fears of an economic crunch abate.

”The effects of the early stages of the fiscal stimulus on consumer demand are fading, but public infrastructure spending is starting to provide more impetus to demand,” Mr Stevens said in his statement today.

The jobless rate has been one of the surprises, with Australia’s unemployment holding well below 6 per cent when many had predicted a level in excess of 8 per cent. Business investment has also held up well in large measure due to the sharp rebound in China and India – leaving Australia as one of the few countries to start raising rates.

”Prospects for ongoing expansion of private demand, including business investment, have been strengthening. There have been some early signs of an improvement in labour market conditions,” Mr Steven said. ”The rate of unemployment is now likely to peak at a considerably lower level than earlier expected.”

The RBA believes economic growth ”is likely to be close to trend (in 2010) and inflation close to target.

Market response

In the aftermath of the rates news, the Aussie dollar initially dropped before recovering to about 91.5 US cents in recent trading, close to its level before the RBA statement.

Shares, also turned mildly lower before recovering to be about 0.2 per cent higher for the day with less than an hour of trading left.

Source :   www.theage.com.au

For the last three weeks of Studio class, Ellen has asked us to design a Brand Bible for the product we came up with at the weekend Visiting Artist Workshop with Designer/Art Director Peter Buchanan-Smith. My Brand Book will be for my product, KYT: Keys You Trust. KYT shifts the commonplace key from it’s mundane existence into an object of compelling personal value.

Keys are an important part of our lives. It’s something you carry with you every single day and your set of keys can be like a snapshot of who you are and how you live your life. Each one protects yet allows access into the lifelines of our world. A key is much more than just a copy—that tiny piece of metal if often what gets you home every single day.

As it stands now, getting a key looks like walking into a Home Depot and handing over your key to an indifferent employee of the big box store. They hand back a flimsy sheet metal copy of your very personal keys. If you’re lucky, they’ll even put it into a small manila envelope for you. If you really want to get crazy you can pick from the dazzingly ugly array of keys covered in smiley faces and zebra print.

With my KYT Brand Book I intend to convey an aura of personal experiences, good taste and excellent craft. Stay tuned.

Long before Fritts & I started to fish for largemouth bass in this area we used to troll Rapalas & Daredevils from sun-up to sun-down & do this all over the area.

I had a very light & shallow twelve foot Sea Nymph boat at the time & 9.5 H.P. Johnson Motor.

The fishing was really slow that whole week as we had gone in the middle of the hot month of August which is not the best time to fish this area.

We had a good time irregardless as The Georgian Bay is absolutely beautiful & rewarding whether one catches fish or not.

The very day we were scheduled to leave we packed up the boats & headed out towards the bay.

It was our custom to troll Rapalas all the way back to the road.

We got a half mile up the bay & started hooking one large pike after another in the ten pound range.

Evidently a large school was moving into the area off the big water as we were leaving.

Fritts was at least a half mile ahead of me & I was trolling a middle sized silver & black floating Rapala that ran shallow along the rocks & shoals of the bay that lead to our campsite.

I did not use a wire leader hoping to catch a yellow pickerel to take home for family food.

When I went around a rock that was in my path & swung the boat to the left I thought I snagged up on the shoal I was trolling over so I put my motor in neutral gear & pulled back on my rod & then this huge pike that looked to be at least five or six feet long took off to the races & headed for the deep water of this bay with me & my little boat being towed by him.

I only had fifteen pound line & no wire leader & my heart was racing as I had never hooked anything this large before.

He went down deep & got into a large sunken weed bed & took on more weight for me to try & handle.

I hung on for a half hour or so & Fritts had kept on going & had the only landing net in his boat.

A canoeist passing by stopped to help me try & land this fish which simply hugged to the bottom in 15 to 20 feet of weed filled water & sat there.

The water was clear & we could see him down there & estimated his length at 5 to 6 feet.

After about an hour I started to pull & tug hoping to get him out of the weeds & up to where I could get him near the boat & the canoe so one of us could grab him & pull him over the side into the boat or canoe.

He finally started to come up & when he was two feet from the surface the line slacked & he was gone.

The line broke where it was tied to the eye of the Rapala & that was it.

Fritts missed the whole thing & to the day he died he figured I was lying about the whole affair.

I don’t know who the guy was in the canoe but if you are still out there & remember this let me know.

That pike could have been the Canadian record for sure.

It had to be over forty pounds & much longer than the twenty to twenty-five pounders routinely caught in this area.

I caught & released a thirty-three pound pike & this one was much larger & stronger.

I will never get over that feeling I had when the line went slack & I knew I had hooked & lost the fish of a lifetime.

Especially so when my friend was not there to witness it & fluffed it off as just another worn out fishing story.

The Indian guide Ivan had warned us to never use less than twenty pound line & always use a wire leader.

Now I know why.

All my schoolchildren woke into Roethke
like new chickens, beaking for a turn.

It’s not liking sleep better, one
whirred, but liking the dream of in-
between. Everyone’s wing elbowed
loudly. An audiovisual monkey tuned
revolving stairs. We hopped from one to
the next key while Ginsberg paid cash for

all of us, in full color.

All right my fellow k-pop lovers. It is that time again. Time for another random picture frenzy! This time at midday rather than midnight. Please enjoy!

SHINee time:

Key looks hella fierce in this shot!

What time is it?! It’s 2-P-M!

Can I have them for Christmas?!

Maknae is looking in-tense!

And, best for last:

Oh man, he looks a-ma-zing!!! So nice in white and super sweet. Oh, be still my beating heart!!!

I hope you enjoyed the pics! Have a wonderful day!

eiji is drooling now LOL
* ADD MORE PHOTOS *







source DRGROUND (PHOTO BY. 도도글렛) + shakizi + KEYSYOU + KEYANDU + MONG + DAISKEY
credit weareshining

posted by eiji mesum

source as tagged + shakizi
credit weareshining

source and credit LOVE POTION @ shakizi + reupload weareshining

thx eiji on for helped me ^^

have i’ve ever shared this before? *pretends forgeting*

“Let’s make a baby!!”

they both looked so happy (esp.Key..it’s all on his face) but yet so impatient LOL

credit ilovegod41@naver

I cropped the rest pictures bellow

credit bestiz and ijj147@naver

thanks so much to Fon for finding and uploading these photos *kissu2*

source as tagged + SHINee baidu
credit weareshining

Sellers in France are being blocked by an injunction from selling certain branded perfumes on eBay in a key battle on web sales…. From BBC News. Full story

This site may contain information about: window shopping. The blog is also related to: shopping reviews.

source ♥KEY♥ + shakizi
credit weareshining

credit HUG + source shakizi + reupload weareshining

source and credit shakizi
contributor Pandanamacha @ WRS
reupload weareshining

[Key] Vogue – 키.미노.태밍. 호호호. 물을 보더니 다들 기뻐했다.
[Key] Vogue – Key. Mino. Taeming. HoHoHo. Seeing water made them all happy

Source: me2day.net/shineeshinee
Translation: jojo@weareshining.com

oh again, i missed this pic… how slow i am, how could i haven’t seen this old picture? T.T

credit wk3316@naver

during Juliette and LLO time

credit hyun920521@naver

Onew grabbed Key’s arm and then he realized that there’s a camera. So onew automatically…

Onew : Oh..anyonghaseyo, this is my wife Key
Key : Oh..anyonghaseyo… this is Mrs. Lee Kibum

Mwuahahaha LOL

Eeewww, Key looks so cute looking at his husband and then nodding cutely, agreeing whatever his husband say to the camera ^^

credit hyun920521@naver

credit mazinga2m@naver

Onew : *waves* Hiii!! my fans there!!
Key : *turns head* YAH!! don’t act like a child!
Onew : *quickly silent*

Omooo… umma scolds appa for acting childish in public LOL.

credit hyun790521@naver

I don’t remember which episode starking this was but i’m sure it was during their Replay time. See here, ninja Onkey…Key holding Onew’s waist ^^

credit hyun790521@naver

and bonus

credit daum

look at key’s hand… ^^
Omo, they are too cute !!

Key’s face is like… ‘oh, i shouldn’t make him angry’ LOL

Key… why blushing? lol

credit gif made by me!