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From the perspective of this non-Roman Catholic reviewer, it is the authority structure available in the Catholic Church which makes it so attractive and Dr. McInerny's strong call to the Church to exert the authority God has given them is refreshing.
History has demonstrated time and time again that Christianity cannot function either by democracy or by kowtowing to the lowest common denominator. Kudos to Dr. McInerny for bringing to the fore the REAL problem in the Catholic Church over the last 40 years.
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I am not a math superstar, I was a literature and philosophy major in college. But even a liberal arts joker like me can see that the math element is way overdone here. The idea that money management is a mysterious and complex issue is proliferated by books like this. I can sum up effective money management in two steps: First take your worst case loss scenario, which will be based on a run of lossses with a less than one percent probability of occurring, as calculated by your expected win/loss ratio. For example, if you reasonably expect to win 40% of the time and lose 60% of the time, there is a less than 1% or "worst case" probability, that you will see ten losses in a row at some point in your trading (this may look like hard math but the calculations are actually grade school level). Next, determine your max desired drawdown. What's the biggest hit you could possibly stand? Ten percent down? Twenty five? Fifty? Let's say you are moderately aggressive and able to deal with a twenty percent drawdown without losing your nerve. Divide twenty percent by ten, and you see that your max allowable risk is 2% of your account balance, including calculated slippage and commissions per trade. If you can stomach a 40% drawdown you don't risk more than 4%, and so forth. Simple, straightforward, no hidden gimmicks, gizmos or geekspeak. The only other bogey you have to deal with is the once in a blue moon nasty price shock that blows your stop to kingdom come (a simple and emphatic argument for less risk per trade, not more).
Most CTA's could double their returns very easily, simply by doubling the amount of risk they take. Why don't they do it? Because the reward is not worth the risk. If you get a huge win, it will help your profits but it will not change your world. A string of fat losses or a single huge loss, however, can kill you, take you out for years, maybe for good, leave you wandering the streets muttering 'if only I had taken a smaller risk on that trade with my name on it, I would have survived'.... Not to mention that bigger ups and downs throw your sharpe ratio all out of wack, which few investors like. If you double your money in eleven months and then take a 50% loss in December, where have you gotten? Nowhere. I recall an anecdote a while back about how George Soros' fired one of his currency traders after a huge score because the trader took on way too much risk with the trade. Even though he won, he got canned for being reckless. If I had someone trading for me and he wasn't thinking defense first, I would can him too. So you've had a reliable win/loss ratio in the past, so what. How do you know a string of losses or a price shock isn't going to bite you when you least expect it? You don't know, and no one is completely immune to a streak of misfortune. Optimization is for gamblers, not professionals. The 'F' in Optimal F should stand for a word that rhymes with 'sucked.'
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Mr. Woodrow is a big man for writing this book and admitting that he was unknowingly deceived by the pseudo-scholarship silliness put forward by Alexander Hislop. He is also a big man for withdrawing his previous book from print -- at enormous financial cost.
No, Mr. Woodrow is not a Roman Catholic. Those that now accuse him of "selling out to Rome", etc., seem to be more interested in spreading their polemic than researching the actual facts of the matter.
Anyhow, this theologian congratulates Mr. Woodrow for his courage, his integrity, and his Christian witness -- even if there are details on which we would (sharply) disagree.
Then, something happened. Mr. Woodrow discovered, through a long process of prayer and historical research, that Rev. Hislop's book was inaccurate -- inaccurate to the point of being fraudulant. Mr. Woodrow COULD have taken the easy way out. After all, anti-Catholic books sell like hotcakes in certain sectors.
But Mr. Woodrow has the true integrity of a Christian gentleman. When he discovered -- beyond a shadow of a doubt -- that the information in his earlier work was incorrect, he withdrew that book from publication (at some personal expense) and wrote this volume to explain the whys and wherefores.
The result was predictable. Many of Mr. Woodrow's "friends" turned on him. (Just take a look at the tenor of some of the other reviews, and you'll see what I mean!) But other Christians, recognizing integrity in a man (whom they still disagree with on other issues -- like myself) choose to give credit where credit is due.
Now I am not a Roman Catholic -- and never have been. But as a trained historian, I have been shocked and saddened at much of what purports to be research directed against the Catholic Church. I'm glad to see one man willing to say "I was wrong".
God bless you, Mr. Woodrow. May you increase in faith and godly wisdom.
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Now I am not saying that what Epperson is trying to bring out is not good because it is. Base on what Epperson attemped to bring out in this book, the Freemasons and those that pratice witch craft need to be taken more seriously.
Still, an excellent introduction to the harsh realities of the New World Order, who is involved and the nature of its participants. I highly recommend it to "Wake Up" the minds of the ignorant masses or "goyim" of America.
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This book is very good organized and well written. Chap 4(connectivity), chap 5(Running Applications), and Chap 6(Monitoring and Optimization) are the most beautiful part of the book. Chap5 can truly help you understand how to run applications on NT, this chapter does a better job than the MOC(Microsoft Official Curriculum). This book also does a good job on explaining the ' File delete Child' conception(page 189).
This book has very little typos which are inevitable and acceptable. For example, in page 203, table 3.15, if you want to change permissions of a printer, you must have Full control permissions, however, table 3.15 shows that you only need have Mana! ge documents permission, not Full control permission.
Another example, in page 397, table 6.12, the stop icon and information icon are misplaced.
Very few questions offered in this book are not designed well(most of them are designed carefully). For example, in page 142, question no.1 and no.2 need to be re-designed more carefully.
In page 230, the answer to question 12 should be B, not A, be careful.
After all, this is a very good training guide, and it did help me to prepare for the 70-73 exam(passed with 980).
I'd like to recommend this book to you.
Rui-Di Chu (FREDDY)
PS: This is not the only book I use to prepare for the 70-73 exam. I attended the class, read MOC, and an Exam Guide from QUE.
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Furthermore, Schoenman recounts the story of Rabbi Weissmandel who accused the Zionist of not giving him funds to save the Jewish people while the Nazis were slaughtering them. However, what Schoenman fails to mention is that the Zionist did in fact try to funnel money to Rabbi Weissmandel; however, the deal was doomed to fail from conception. One reason being that the Jewish people just didn't have the money that the Nazi officer who was making the deal demanded. And more importantly the Nazi officer himself was a swindler who had no intention (or real power for that matter) to save any Jews (Yoav Gelber, "Jews For Sale?").
In addition, Schoenman states that "No Zionist leader supported his [Rabbi Weissmandel's] request, nor did the Western capitalist regimes bomb a single concentration camp." Beside the fact that there were Zionist leaders who did support the Rabbi, Auschwitz was bombed at least once. It is true that the Allied powers could have done more to save Jews; however, it is extremely debatable whether or not bombing the camps would have saved millions. Especially since bombing the camps would have meant killing the Jews inside of them. There is also at least one piece of irony and hypocrisy when Schoenman titles Chapter 8 "Blitzkrieg and Slaughter". In the chapter Schoenman blasts Israel for bombing Lebanon and inflicting high civilian casualties (another bogus claim). The truth is that Israel would drop leaflets on warning the civilian populations and other non-combatants when and where they would commence bombing. The Syrian/Lebanese government told the civilians not to touch the papers because they were poisonous. One should note that apparently Schoenman is in favor of collateral damage when the victims are Jews but apposes it when they are not.
Schoenman seems more content on proving his ignorance when he discusses what he likes to call "Ben Gurion and the final Aim". Though this section should more aptly be titled "Schoenman and his lack of Brains". He quotes Ben Gurion saying a couple of things and links them to a supposed expulsion of Palestinians. The quotes are taken way out of context and show Schoenman's total lack of intellectual integrity...
The book makes many more statements that are of equal stupidity and are far to numerous to recount here...
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I am a web developer and a wanna be java programmer. In the last year I have looked at many a books, taken several intro courses from Sun, and others; they all have prepared me for where i am now, but I will have to say much of the journey has not been pleasurable learning. Many teach Java who are not well trained themselves. From the parts I have read in this book, it is an essential learning primer.
Let me say, this book is pleasurable learning, from the couch to the Desktop. I recommend it to all levels of programmers. Even for just cognitive review...which we all need sometime in life.
Cheers to Ralph Morelli.
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Buy it if you are a die hard Batman fan, or if you didn't grow up on the show...but if your only memories are of good natured fun on a clever TV show...read Adam West's "Back To The Batcave".
Anyway, it's a funny book, but only for those who can stand the detailed descriptions of Ward's nocturnal escapades. You'll never see "Batman" in the same light again.
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Unfortunately, McInerny falls into much of the same behavior as that which he deplores in the dissenters: overt hostility and lack of charity. Too much of this short book is given over to venting. The same points are made over and over, resulting in an unpleasantly hectoring tone. One very revealing passage shows the author's frustration with what he perceives as the Vatican's excessive patience and restraint in dealing with the mounting protest. (Apparently, the papacy's supporters have as much trouble submitting to it as do its detractors!) The effect of this tone is such that his closing recommendations for Church restoration and healing through "prayer and fasting" seem tacked on and perfunctory. Bearing this in mind, the book's main points are well made, and I look forward to delving into the actual Vatican II documents to see just how much the public perception of the changes in that council's wake are justified by the writings themselves.
The nature of the Church is such that issues can be freely discussed throughout the hierarchy, between laity, clergy and bishops, and, when necessary, the pope will determine what is binding. One can be an American and disregard presidential statements; one cannot truly be a Catholic without willing submission to the pope's teachings. To refuse this obedience is to define oneself, quite simply, as a Protestant. Any charge of totalitarianism is invalid; one is not free to act as one wishes in, or flee, a country with a totalitarian government, whereas no one is compelled to be a Catholic against one's will. Catholics believe that the Church hierarchy is inspired by the Holy Spirit, whether or not its teachings coincide with their own desires, and that consistent efforts to align oneself with these teachings will deepen one's love of God and humanity and thus lead to full acceptance of the salvation won for us by Christ. If such submission seems sheeplike to the secular mentality, it should be remembered that the Lord did not use the word "sheep" as an insult.