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Inside Julie Chen's Complicated World as Les Moonves' Wife and Host of CBS' Big Brother

After leaving The Talk, Chen has reportedly been supporting her husband after his resignation from CBS in the wake of sexual misconduct allegations

By Natalie Finn Jan 21, 2019 3:00 PMTags
Leslie Moonves, Les Moonves, Julie Chen, 2015Dennis Van Tine/STAR MAX/IPx via AP Images

Julie Chen once described her approach to dealing with marital conflict.

"I won't even be in the room for you to ask what's the matter," she shared on Larry King Now in 2016. "I will ice you out."

Chen was referring to what happened the one time her husband, Leslie Moonves, overstepped during an argument.

Asked what the secret was to their enduring marriage, Chen recalled, "Very early on my husband said to me, 'Let's never say something to the other person where—just know anything you say, you can't take it back.' So never hit below the belt, no matter how emotional you're feeling, or vulnerable, or hurt, or angry. And we really don't fight. We don't fight.

"I'm a very easygoing person," she continued. "I wake up happy. And my husband, he has learned how to count to 10 backwards in his head. He says, 'you have no idea how many times I bite my tongue.' Because the one time he didn't—he doesn't respond well to ice cold. I will shut off and shut down."

Hollywood's Many Men Accused of Sexual Misconduct

When The Talk returned for its ninth season in September, the day after Moonves stepped down from his post as CEO and chairman of CBS in a cloud of sexual misconduct allegations, Chen stayed away—and ultimately never went back.

"Right now, I need to spend more time at home, with my husband and our young son," the veteran TV star said, stoic as ever, in announcing via video that she'd be leaving the CBS daytime show on Sept. 18. "I want to thank everyone at the show for the wonderful years together. I will always, always cherish the memories we shared. Most important, I want to thank you, the viewers, for allowing me into your home every day. It was a privilege that I will forever be grateful for. To everyone behind the scenes—"

The emotion started to creep in so she smiled even more brightly to staunch the tears.

"...I send you my love. I will miss you all very, very much."

Johnny Vy/CBS

Carrie Ann Inaba has since been named as Chen's full-time replacement.

"Julie has been nothing but supportive," Inaba told People earlier this month. "When she learned that I got the job, she sent me the most beautiful floral arrangement. She's like, 'I'm always in your corner.' Woman to woman, that's amazing."

As many people (especially comedians) have said, since October 2017 there has been no scarier sentence for showbiz's most powerful men than "Ronan Farrow is calling."

After Farrow's first story for The New Yorker about Moonves was published in late July 2018, detailing allegations of sexual harassment and intimidation from six women going back to the 1980s, Chen stood by her husband, whom she married in 2004.

"I have known my husband, Leslie Moonves, since the late '90s, and I've been married to him for almost 14 years," Chen said in a statement tweeted Friday, July 27. "Leslie is a good man and a loving father, devoted husband and inspiring corporate leader. He has always been a kind, decent and moral human being. I fully support my husband and stand behind him and his statement." The couple are parents of a 9-year-old son, while Moonves has three adult children with his first wife, Nancy.

John Lamparski/WireImage

The following Monday on The Talk, Chen said she stood by her statement "today, tomorrow, forever."

CBS Corp. stood by Moonves too, at least to the extent that they were awaiting results of an internal investigation before taking action and he was negotiating a massive severance package before Farrow's second report—in which six more women came forward with allegations—was published on Sept. 9. Moonves  resigned, with no agreed-upon compensation, several hours later.

"It's never a good sign when you're the subject of a Ronan Farrow double dip," Stephen Colbert quipped on CBS' The Late Show the next day.

Not surprisingly Chen decided to skip The Talk's season premiere, since the first topic of conversation on the show (as it was on many shows) was Moonves. However, on Big Brother that Thursday night, the show's only host since its 2000 premiere signed off for the first time ever as "Julie Chen Moonves."

Big Brother Status Check: Which Couples Are Still Together?

"The appalling accusations in this article are untrue," Moonves stated in response to the second New Yorker story. "What is true is that I had consensual relations with three of the women some 25 years ago before I came to CBS. And I have never used my position to hinder the advancement or careers of women," Moonves responded. "In my 40 years of work, I have never before heard of such disturbing accusations. I can only surmise they are surfacing now for the first time, decades later, as part of a concerted effort by others to destroy my name, my reputation, and my career."

After the July New Yorker story, Moonves also categorized any past unwanted advances as regrettable mistakes and apologized for making anyone feel uncomfortable.

"But I always understood and respected—and abided by the principle—that 'no' means 'no,'" he added, "and I have never misused my position to harm or hinder anyone's career. This is a time when we all are appropriately focused on how we help improve our society, and we at CBS are committed to being part of the solution."

Vanity Fair then published a story on the heels of the New Yorker's in which a source identified Moonves as the previously unidentified "VIP patient" who twice grabbed and tried to kiss Dr. Anne L. Peters, who detailed the alleged encounter in May in Annals of Internal Medicine, during a routine exam in 1999. Moonves told Vanity Fair: "The appalling allegations about my conduct toward a female physician some 20 years ago are untrue. What is true, and what I deeply regret, is that I tried to kiss the doctor. Nothing more happened."

What Louis C.K. and Matt Lauer's Attempted Comebacks Say About Them—and Us

Calling it a "bittersweet" day on The Talk, Sharon Osbourne said after Moonves stepped down that she'd never been nervous in her life but she was nervous right then. They first flashed to how other morning shows were covering the story, including on CBS This Morning (the second time the show had to report on the ouster of one of their network's own), ABC's Good Morning America and NBC's Today, which weathered the firing of co-anchor Matt Lauer after 20 years on the job in November 2017.

"First of all, I want to say that whatever times of hardship I've had over the last eight years, Julie has always been there for me," Osbourne said. "She's been a friend, she's somebody who I admire and respect greatly, and it's very embarrassing and upsetting to have to talk about her husband, but we do. We feel it's right. I personally knew Les Moonves in a superficial way. It was 'Hello, how are you?' Nothing more, I know nothing about the man other than he's Julie's husband and was head of the biggest network in the world, and the most powerful man in TV.

"I was asked a couple of months ago to make a statement supporting Leslie, which I felt I was as diplomatic as could be with the statement that I made," Osbourne continued. "But now, after seven more women have come out, these stories are so similar, the pattern is so similar, that for them, it's—he's not been convicted of any crime, but obviously the man has a problem."

Wendy Williams, Kathie Lee Gifford and More Sound Off on Julie Chen's Exit From The Talk

More than anything, no matter what happened to The Talk once new management settled in, Osbourne said, she was concerned for the fate of the workers among them who weren't wealthy and famous.

Larry Busacca/Getty Images for NARAS

Gayle King, who had to report in real time on the firing of her co-host Charlie Rose in 2017, was absent from CBS This Morning that first Monday but was back Tuesday and took the network to task after it was reported that CBS wouldn't be releasing the results of its investigation into the allegations against Moonves.

Acknowledging that Moonves had denied assaulting or harassing anyone, King added, "It's been my experience that women don't come out and speak this way for no reason. They just don't. They just don't do it. And so I don't know how we move forward if we don't—we at CBS—don't have full transparency about what we find...In our own house we must have full transparency."

"I feel for Julie Chen today," King also said. "She's in a very difficult position. And Les Moonves has done wonderful things for this company, and we can't forget that either. So, it's just a bad situation all the way around."

Harvey Weinstein & Georgina Chapman's Mysterious Marriage: Inside the Making of a Hollywood Power Couple

Chen hasn't said a word about her husband since putting up that initial united front, but she proceeded to host the rest of Big Brother's 20th season as if nothing was amiss, and then she had her new children's book, When I Grow Up, to promote.

"Had the BEST time today reading my book #WhenIGrowUp to the @YMCALA #preschool in downtown #LA," she tweeted in mid-October, at the time her only non-Big Brother-related tweet since leaving The Talk. "Such amazing programs and I'm so honored that I had the opportunity to see & visit. Happy #Friday!"

And it's been business as usual for her, as far as the eye can see, at CBS.

Chen will be in her usual post as host of Big Brother: Celebrity Edition when its second season premieres tonight and she's been tweeting excitedly about it.

Again, as if nothing is amiss and CBS hadn't determined in December that Moonves wouldn't see a penny of the potential $120 million severance package that had been in negotiations.

Moonves' attorney called the board's decision "foreordained and without merit" and promised to fight it—which he is, with CBS announcing last week that Moonves, whose compensation as CEO in 2017 was $69.3 million, had exercised the right in his contract to "demand binding arbitration, according to the Los Angeles Times.

CBS also announced in December that it would be spreading $20 million in donations among 18 groups that support the #MeToo movement and gender equality in the workplace, including Time's Up Entertainment and Women in Film Los Angeles.

Earlier last month, a rep for Chen told Page Six in a statement, in response to rumors that the veteran TV star was having a hard time: "Julie remains committed to her marriage and is focused on her family. In fact, this has drawn Julie and her husband as well as their entire family closer than ever. As for recent media reports, they are based on leaks that can't be responded to."

A source added a few days later that, with Chen not having The Talk to do and Moonves' schedule newly much clearer, the couple were spending a lot of time together. "They have a small child," the source said. "She's very loyal and is very supportive. She's a fighter and she sticks by her man."

They were splitting time between their homes in New York and Los Angeles and Page Six reported that they spent New Year's on David Geffen's yacht in St. Barts. (Geffen didn't respond to their request for comment.)

Patrick McMullan/Patrick McMullan via Getty Images

While the other powerful woman whose fortunes were ostensibly tied to her husband's who immediately comes to mind is Georgina Chapman—who announced she was leaving Harvey Weinstein after 10 years of marriage on Oct. 10, 2017, five days after the New York Times detailed decades of alleged misconduct and just hours after Farrow's New Yorker story detailing allegations of rape and other disturbing behavior was published—Chen doesn't seem to be in as horrifying of a place. (Weinstein has pleaded not guilty to criminal sexual assault charges in New York, as well as denied all allegations of non-consensual sex. Since he'd been married, a model accused him of groping her in 2015 and he was questioned by police; no charges were filed.)

Chapman, incidentally, returned for the newest season of Project Runway All Stars, which is unfolding now on Lifetime. She broke her silence in the pages of Vogue last spring, sharing, among other things, that she had been seeing a therapist and that what happened had initially left her "so humiliated and so broken."

"It's still so very, very raw," the Marchesa co-founder and mother of two said. "I was walking up the stairs the other day and I stopped; it was like all the air had been punched out of my lungs."

Not that saying "at least Les didn't..." means anything at all, particularly to the women who say he assaulted or otherwise mistreated them, but when you get down to timing (the reported allegations against Moonves all occurred before 2004, when he married Chen), it could make a difference to the couple personally.

What's Next for Julie Chen: When a Wife Is Forced to Rebuild Thanks to Her Husband's Scandals

Chen's first professional brush with CBS came in 1990 when the New York native was an intern—along with Andy Cohen—on CBS Morning News. "She was a little bit of a wallflower, and I barely remember her because I was the star intern," Cohen joked on The Talk in 2011. "And then she blew up into this glamour bomb and she's like, the Chenbot all of a sudden."

"Chenbot" being the nickname she has from her role as the longtime host of Big Brother, on which she primarily appears to the housemates as a face on a screen, beamed in from the outside world into their sequestered enclave. When she first started, she was a bit on the stiff, robotic side, but has long since eased into the role—and her robotic seriousness is part of the fun.

Evan Agostini/Getty Images

She anchored CBS Morning News and was the news reader on The Early Show (now CBS This Morning) from 1999 until 2002. Network boss Les Moonves was still married—albeit separated, according to the official narrative—when they started dating. Nancy Moonves filed for divorce in 2003 after almost 25 years of marriage, citing irreconcilable differences and seeking 50 percent of his assets, a week after he signed a five-year deal to become CEO and chairman of CBS.

"Neither I nor our children have watched [CBS] in years," Nancy told the New York Daily News in June 2004. "I don't want to see [Chen]. It's not healthy for me or my kids." She continued, "I knew our marriage would end eventually. But the way it happened was not correct, it was not moral."

From the beginning, Chen—who went on to co-anchor The Early Show until 2010—and the network had to brush aside speculation that her rise at CBS had something to do with her personal relationship with Moonves.

Chen told Larry King that, while she was on his radar, she didn't know Moonves yet when she was offered the Big Brother gig by her bosses at CBS News—and she initially refused, because it would end her dream of continuing on in news and one day joining 60 Minutes. Meanwhile, she recalled, the guy offering her the job said that "technically" they could assign her Big Brother and to refuse would be considered "insubordination."

"I was 29 years old, I had just started [at] the network, I didn't know what to do," Chen said. "So I had to take the job and it changed my whole life. When I talk about marriages come out of [Big Brother], I got married afterwards too."

"I did say, 'How about Julie Chen? She's young, she's pretty, she's hip, and she's a newsperson," Moonves told BuzzFeed News in 2015. "I don't know if she wants to do it—because I didn't even know her at the time. I just knew her as somebody working at CBS News."

And 17 years later, she and Moonves still watched Big Brother together. "He gives me notes sometimes," Chen told King.

"She's unbelievably accessible, very smart, and delivers a great deal of trust, yet you feel like she could be your friend," Moonves told BuzzFeed. "She's someone you want to hang out with."

Lest you feel as alarmed for her thwarted aspirations as that story might suggest, Chen insists she doesn't regret leaving hard news.

"I look at my life outside of [work] and my family is so important," Chen also told BuzzFeed. "I could never see having the life I have now at home with my son and my husband and being a foreign correspondent. I can't imagine being a mother of sound mind who is thousands of miles away from her child. I couldn't do both things well. So I am more than fine not being a 60 Minutes correspondent because I'm pretty lucky to have what I have."

Jim Spellman/WireImage for Tony Awards Productions

Chen and Moonves married on Dec. 23, 2004, in a private ceremony in Acapulco, Mexico, in front of only 30 guests—13 days after his divorce was finalized. The bride wore Reem Acra and the newlyweds then reportedly honeymooned at Las Ventanas resort in Cabo San Lucas.

He was "the first person in my life who doesn't annoy me," Chen quipped, according to, at the Television Critics Association press tour in July 2010 while promoting the upcoming premiere of The Talk, CBS' answer to The View.

Moonves, despite his wealth and position of utmost power as head of the most-watched television network, was the more private of the two, rarely bothering to personally address petty gossip and sticking to corporate business in interviews. He maintained a playful presence on The Late Show With David Letterman, where he was occasionally heard on speaker phone talking to Dave, and when The Talk premiered in October 2010 he was one of the hosts' respective loved ones who recorded a message for the show's debut.

"There are two reasons why I want this show to work," Moonves said. "The first is that I love my wife so much, and the second is that if it doesn't work, I'll cancel you. See you at home dear."

A 2005 New York Times profile noted that a feng shui expert had consulted on his New York office decor. "My wife believes in feng shui, and I can use all the luck I can get," Moonves said. "Even with all the changes at this company, creating a schedule with hit shows is still the center of my job.''

Sonja Flemming/CBS

On another rare personal note, he told Newsweek in 2011 that a rumor that Chen was pulling the my-husband-will-fire-you card to hold sway over her co-hosts on The Talk was ridiculous.

"Anybody that knows my wife knows she would never say that," he said.

After the initial New Yorker report about Moonves came out, The Daily Beast reported that Chen's professional behavior was again under the microscope as speculation grew that her husband may be close to stepping down.

"I never saw any behavior that was disrespectful," a former colleague told the site. "Could she be stern? Did she know what she wanted? You bet. Did she feel emboldened? Maybe… Julie suffered no fools gladly." At the same time, the source added, "I completely buy that there are people who've been waiting for this moment for either or both of them. I can't tell you how many people think she got the projects she got because of Leslie… There's no doubt her marriage to him was the elephant in the room."

"I was waiting for the mask to drop," said Aisha Tyler, who co-hosted The Talk for six seasons and considers Chen a dear friend, "but it never did."

"I haven't interacted with her over what's going on right now," the Criminal Minds star said. "I don't know many women who have a stronger sense of self and direction than Julie. She's going through this in a way that only she can. She's incredibly capable and self-aware. I don't really worry about her."

Rob Latour/REX/Shutterstock

In September, talking about the first New Yorker report, Sharon Osbourne—who along with Chen and executive producer Sara Gilbert is the only co-host who's been on The Talk since the beginning—said on The Howard Stern Show that while she adored Julie and socialized with her, she barely knew Les. Her husband, Ozzy Osbourne, didn't know Les at all, Sharon added.

On the Stern show together in 2015, Chen and Osbourne said that both of their husbands had pleaded with them not to discuss their personal lives—or at least not their sex lives. However, Chen did admit—when directly asked—that being with such a powerful guy was, "I'm not gonna lie, it's pretty good." Asked if she thought she could've married a regular guy, she said, "I never thought I was going to get married." And, answering Stern's question, "probably not, to be honest."

But, Chen added, "it's not about power, I need a strong personality, so whether that translates into power in the business world, I don't know. But I need someone who's not going to take my crap... I find it attractive that there's a part of me that's kinda like, I'll listen to him. 'Cause I...don't listen to a lot of people, I want to be the one calling the shots. There's a part of me that likes having someone to call the shots instead of me doing all the work." At home, "I let him be boss."

"Sex has to be there, but you have to be a partner," she also said (again, answering what was even racier question from Howard). "You have to be equal partners."

Chen told Larry King that, five years into their marriage, she still didn't think she wanted to have kids, but Moonves had a feeling she might regret it if they didn't try. "He pushed for it, and he was right," Chen recalled. "He knew me better than I knew myself." Motherhood, she said, is "the only thing in life that is not overrated."

What in the World Is Matt Lauer Doing: Isolated After Scandal, Now Slowly Emerging From His Seclusion

On Howard Stern, Chen surmised, "In many ways, Ozzy and Leslie are very similar. They're the same age..." Howard then interrupted with other questions, and ultimately Chen divulged that her husband went to bed at around midnight and a vodka on the rocks was his preferred aid for winding down.

Asked what Les' worst habit was, Chen deadpanned, "Everything he does is perfect."

"I'll tell you how they're similar," she pressed on. "Sharon and I go out years ago [to the Polo Lounge at the Beverly Hills Hotel] and two people who shall remain nameless came up to us and they were like, 'hey, hey, hey.' And as soon as these two guys walked away, I said to Sharon, 'We better get home, because our husbands are going to be very jealous,' even though Sharon's been married 30-plus years, me over 10 years. I said, 'I bet you we're going to get crap when we get home.'"

Not that Ozzy (whom Sharon has left multiple times and almost left for good a couple years ago over his chronic philandering before ultimately renewing her vows with him instead) or Les really thought they were going to cheat, Chen explained.

Rather, "the women and guys out there, you know it. Us women, we don't do anything...just being polite—you get in trouble for being polite."

Meet the Big Brother: Celebrity Edition Season 2 Cast: Kandi Burruss, Ryan Lochte and More

Asked if Moonves was ever the type to make breakfast for his wife, Chen cracked, "He doesn't know where the kitchen is."

Les was too busy, she added, running CBS.

Chen's contract runs reportedly through the current season of Celebrity Big Brother, premiering tonight at 8 p.m., plus one more season of the regular edition, though CBS has not yet officially renewed it for a 21st season. She told people at the network last fall that she wanted to keep the job, according to Deadline.

Talking to Larry King, Chen said that Moonves would joke to her about having to figure out their summer vacation around her Big Brother schedule. They had just been renewed for another two summers, through season 20.

"I said, 'yes,'" Chen added, "'but you are the one dictating my work schedule.'"

"Doesn't he renew it?" King asked.

"Yes!" Chen said, smiling. "It's like a blessing and a curse. Look, one day it'll end. And until then, as long as people still want it I'm happy to do it."

 (Originally published Sept. 11, 2018, at 2:24 p.m. PT)


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Official firmware update brings XAVC-S and 120fps to Sony RX10

Sony RX10 / A7R

When I reviewed it earlier this year I found the RX10 to be an excellent shot getter – but it was also a shot loser as well due to the weak AVCHD implementation. Many of my images suffered from too much mud and a break-up of detail in certain situations. So this is very welcome news from Sony. The V2.0 RX10 firmware adds 50Mbit/s XAVC-S codec and just as excitingly 120fps for slow-mo, making the RX10 a very interesting creative prospect because of the very effective stabilisation, long lens range, built in ND filter and a sensor with a full pixel readout.

The RX10 came just a bit too early for Sony’s broad sweeping plans to make XAVC-S their next standard consumer video codec. The hardware is capable of better though (the core internals are similar to the RX100 M3 and AX100 which already have XAVC-S) and today we see some of that potential released by Sony in a firmware update, which you can download here. It appears the updater is Windows only at the moment but Mac users can install Windows in bootcamp or using virtualisation software like VMWare (my preferred choice).

I’m holding out some hope that the Sony RX1 will also get some video quality improvements and the new codec, after this is the most expensive of Sony’s RX line and is full frame.

The A7 and A7R already have a way for users to get XAVC and that is the A7S!

Although the RX10 has a 2.7x crop sensor I prefer the look overall to the RX100 thanks to the enormous lens on the RX10, you really can get a nice separation of your subject if using the longer end of the 24-200mm equiv. F2.8 (constant) zoom. The ergonomics are also nicer and the build quality of the body is way above average for a camera in this class.

The firmware update is no doubt in part a response to the competing Panasonic FZ1000 with 4K video. Although RX10 owners might be within their rights to suggest that if it is truly to compete with Panasonic, then a 4K firmware update would have been far preferable! I am sure the next RX10 hardware iteration will record 4K but until then, this is a camera that shoots some very nice 1080p with an enormous range of features.

I’ll shoot more with the new firmware at the weekend, to see if Sony’s digital low pass filter was included as well for reduced moire & aliasing (like on the A7S). XAVC-S on the A7S was a better implementation than on the RX100 M3 – I wonder which camp this will fall into? 120fps is entirely new on this camera as well and it will be interesting to see if this performs the same as the RX100 M3 or better.

Next move – S-LOG 2 please Sony!!

Here are some of the key pros and cons revised for V2, from my full review earlier…

  • Stunning Zeiss 24-200mm F2.8 zoom (if sold separately as a broadcast ENG / Super 16mm cine lens, would be worth a lot of money indeed)
  • DSLR-like feel to results especially the raw stills
  • Full pixel readout creates finely detailed 1080p
  • XAVC-S at 50Mbit/s (v2.0 firmware)
  • 120fps slow-mo interesting creatively, including broad range of other frame rates (24p very welcome)
  • PAL / NTSC switchable
  • Uncompressed HDMI
  • Fantastic “shot getter”
  • Built in ND filter (though quite weak)
  • Built in EVF
  • Effective stabilisation
  • Articulated screen
  • Stepless aperture ring
  • Headphone and mic sockets
  • Good ergonomics with plenty of customisable buttons

  • Not a great low light camera
  • EVF not up to standard of similarly priced Olympus, Panasonic, Fuji and other Sony cameras
  • Articulated screen makes screeching sound as it scrapes the back of the camera when released
  • Mediocre battery life and no included charger aside from USB adapter & cable
  • Confusing separation of stills and movie files in playback mode
  • Very low quality thumbnails for movies in playback mode
  • In manual focus mode, quite hard to tell if image is in focus without using punch in focus assist
  • Manual focus ring does not act like a mechanical one – can be confusing
  • Peaking not very effective compared to Blackmagic Pocket Cinema Camera
  • Cannot shoot stills when mode dial set to video like on other cameras
  • Camera complains about database restructuring when your card has been in another camera
  • Menus not very well organised, with features that should be grouped together scattered far and wide across too many pages and options

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Matthew Vines asks Evangelicals to reconsider their biblical interpretations considering LGBT relationships

Matthew Vines asks Evangelicals to reconsider their biblical interpretations considering LGBT relationships

Photo: Monica Almeida/The New York Times

Matthew Vines, previously covered author of “God and the Gay Christian”, is in a New York Times article for some three dozen meetings with Evangelical leaders he’s held recently.

Vines says that he doesn’t expect to change any minds immediately, but hopes to make headway by identifying sympathetic leaders and opening a dialogue. Even Focus on the Family has met with Vines.

From the article:

“Because this is such a relatively new thing, pastors and church people want to know, ‘How do we navigate this, and how do we navigate this well, without doubling down or capitulating?’ ” Glenn T. Stanton, the director of family formation studies at Focus on the Family, said in a telephone interview from the organization’s headquarters in Colorado Springs. Focus on the Family is a large ministry that helps set the social and political agenda for evangelicals, who make up about one-fourth of the nation’s population, according to a Pew Research Center poll conducted in 2014.

Do you think Vines will be successful? Have you read his new book?

Posted by David Streever

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The Episcopal Café seeks to be an independent voice, reporting and reflecting on the Episcopal Church and the Anglican tradition.  The Café is not a platform of advocacy, but it does aim to tell the story of the church from the perspective of Progressive Christianity.  Our collective sympathy, as the Café, lies with the project of widening the circle of inclusion within the church and empowering all the baptized for the role to which they have been called as followers of Christ.

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Are bubbles all bad?

13 MARCH 2010

A few months ago, the alumni association of the Asian Institute of Management organised a panel discussion on the topic 'Are bubbles all bad?' The panel was a wonderful mix of people, an academician, a politician, an entrepreneur, a market player and a columnist/researcher. Other than the market player, who made a feeble attempt at defending bubbles as a market phenomenon, the consensus was that bubbles were the next worse thing after the snake at the Garden of Eden who tempted Adam to take a bite of the proverbial apple.

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For investors, one of the main causes of concern right now is whether the excess liquidity pumped in by the US Fed and by other countries to stimulate their economies are resulting in bubbles which may burst. With almost all Q4 results out in the US, the P/E ratio, at 22, is at the upper end of the P/E band. Global stockmarkets have zoomed significantly from their lows. But there is danger! According to Stephen Roach of Morgan Stanley, the estimated 'toxic assets' with banks amounted to $ 3.4 trillion, of which only half has so far been written off. These were assets acquired by asses during bubble years in a triumph of greed over prudence.

Whilst all bubbles are bad, bubbles are not all bad. They do leave some beneficial legacies behind, sometimes. To misquote Shakespeare, 'the evils that bubbles do live on after them; the good is oft interred with their bones'. After World War II, a stock market bubble was created in India, thanks to the enormous liquidity in a few hands which had supplied the war effort. This liquidity needed investing opportunities and, although the BSE was one of the oldest exchanges in the world, the universe of stocks to invest in was small. It comprised mainly of unexciting British banks. In stepped a broker by the name of Premchand Roychand, who seized the opportunity provided by the liquidity to float several companies, one of which was called The Backbay Reclamation Company. Efforts to reclaim land would have been hugely delayed were it not for the bubble! Similarly, it was during bubble years that 2 companies got huge funds to lay undersea cables; though the companies went bankrupt and were bought out by Tata Communication and by Reliance Comm., at some 10 cents to the $, the assets financed by the bubble are a legacy of it and help in providing cheap telephony to IT and other industries.

Bubbles are, however, inevitable, a fact that investors (as also policy makers) ought to realise so that they could shape their actions in accordance, instead of lamenting the creation of them. This is because of the four factors of production, viz. men, material, machinery and money, it is only money that is capable of being digitized. This gives it the ability to move instantly, at the click of a mouse. Moving material takes a few days/weeks, machinery a few weeks/months and men a few months/years (in terms of immigration). The increased velocity of money, compared to other factors of production, would, naturally, increase its weightage. That's why the share of financial companies in GDP has been steadily increasing, markedly so since the '80s.

It was in the '80s that the US, in a bid to counter the economic successes of Japan and Germany, which had adopted 'stakeholder' capitalism, started focussing on 'shareholder' capitalism. In the '80s Japan was a roaring success. Seven of the top 10 banks in the world were Japanese. The most valuable stock in the world was NTT DoCoMo. The Japanese were buying American icons like Universal Studios and Rockefeller Centre. The Nikkei index hit a stratospheric 38915 in Dec 1989 (and has gone into a 20 year decline since).

The American response was to promote shareholder capitalism, in which interests of shareholders (i.e. providers of money) are of primacy, with interests of other stakeholders falling in line. One of the pillars was the institutionalisation of money, through the fund industry (mutual, pension, hedge et al). This worked! The % of corporate equity in individual hands has fallen from over 2/3rds to under 1/3rd in the past 4 decades since mutual funds made their foray. The % in institutional hands has, correspondingly, risen. Before the financial crisis, the two largest institutions each had assets under management exceeding $ 2 trillion, or twice India's GDP. This institutionalisation of money, combined with the principle of greed underlying shareholder capitalism, and combined with the attribute of digitisation of money, inevitably results in the formation of periodic bubbles.

Individual investors, realising the inevitability of bubbles, ought to set for themselves happiness targets for return when buying a stock. (I would be happy if the stock gave me a ___% return). When the return target is hit, a quick review to see if there was still a lot of upside, else sell, would be a practical policy to follow. After all, one's enjoyment of a buffet is not marred by the bigger appetite of one's friend.

So yes, there are concerns of excess global liquidity creating bubbles and yes, there are fears of toxic assets being unearthed and causing shocks. Yet the India story remains good, marred only by the inanities of public governance, with little thought of nation building. The unedifying spectacle of upper house Parliamentarians misbehaving whilst opposing the Women's Reservation Bill purely on vote bank politics, is the latest case in point.

In corporate news of interest, the BSNL Board has agreed to the recommendation by the Pitroda committee to divest a 30% stake, but the employees haven't. Another recommendation of the committee was to outsource its network operations, as has been done by Bharti Airtel, which would mean a significant downsizing of its large workforce.

The divestment of stock in NMDC has not found favour with retail investors, who find the minimum price of Rs 300 expensive. It translates to a forward P/E of around 46, compared to, say Rio Tinto, of 9, and 12 for BHP Billiton, according to Economic Times. The institutional segment has been oversubscribed, thanks to LIC, which came in at the lowest price in the band, of Rs 300. The Government mistakenly based its pricing on the prevailing market price of over Rs 400, unmindful of the fact that it was unrepresentative, due to no floating stock. The issue got oversubscribed 1.2 times.

The dependence on domestic institutions like LIC to bail out troubled PSU IPOs (NTPC, NMDC) means they have fewer resources to invest in the secondary market. Which, in turn, means that it would be a weakish bulwark against FII selling pressure, were it to arise.

The market last week was flatting, with the graph of the BSE-Sensex resembling the ECG of a patient in coma. The next major move would be influenced by global factors, perhaps a financial or political crisis. Till such time, the Indian market would inch boringly and modestly upwards.

J Mulraj is a stock market columnist and observer of long standing. His weekly column on stock markets has run for over 27 years. An MBA from IIM Calcutta, he has been a member of the BSE. He is Conference Head - India, for Euromoney. A keen observer of events and trends, he writes in a lucid yet readable style and takes up issues on behalf of the individual investor. Nothing pleases him more than a reader who confesses having no interest in stock markets yet being a reader of his columns. His other interests include reading, both fiction and non-fiction, bridge, snooker and chess.

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8 Responses to "Are bubbles all bad?"

Mar 16, 2010

I sometimes wonder how stupid and illconsidered some of the comments are. The authors really ought to read the articles- and in their case,it would appear to be necessary to do so more than once,before they rush in to post a comment.
You did not say bubbles were good. You merely pointed out some good coming out of the bad resulting from the bubbles. I wonder if these critics have not enjoyed the benefits of Backbay reclamation or of cheap telephony??
Keep writing and keeping us informed. You are providing a valuable service for people like me. We may not always agree with you, but will always appreciate the efforts you put in, to pen your thoughts. Regards

Mar 16, 2010

"After all, one's enjoyment of a buffet is not marred by the bigger appetite of one's friend"

A good one. this is the problem with retail investors Forgetting their own appetite and trying to compete with greedy

r j

Mar 15, 2010

Bubbles ARE all bad in financial and economic environments.
Soap bubbles are ok. They are natural and they are in the bathtubs or in a child's toy that creates them with rainbow colors.
Economic bubbles are created by gambling men and harm the general unparticipating public.
And no it is not easy to set a stock appreciation target and dump the stocks when they attain it because the drum beat to cnbc will drown out and bury your sober goal estimates and keep you from being prudent.

Mar 15, 2010

Dear hip,

Why this Bla Bla Bla....
what people understand from this? Today u talk good. tomorrow morning reverse. I dont find any valid content!!!!have many readers out of 120 cr population.

Mar 14, 2010

ECG of patient in coma differs much from the person who is not in coma ?

Mar 14, 2010

Thanks for the nice witty article. Gives holistic view on the market bubbles and some interesting insight too. One of the best from SFTH. Keep the flow.

Mar 14, 2010

Dear Sir,
I found your expose on bubbles useful and informative.
I also concurr with your aside on the governance by our politicians as witnessed by the recent scenes in the Rajya Sabha.
However, I take issue with all the middle class scions,the chattering classes, the voluble media and the new Turks that the fault lies with governance alone. Any honest observer of the situation will not find it hard to conclude that the 'governing classes' also include the Sonia Gandhis,the Manmohan Singhs etc., whose dedication to the cause of India's progress cannot be doubted except by hardboiled vested interests.
The disease in India is much deeper. It is the middleclasses who are the real leeches in Indian society preying upon a hapless majority of the poor on whose labours they thrive while at the same time despising them. It is as if the soul that I knew of India of my younger days, has been systematically squeezed out of it. For a country that is on the cusp of many great things this is what people like you, with respect, should also be warning us all about.
On a slightly technical matter, would you say that an invester should invest now or wait for the correction which I have been waiting for, for 2 months? Mark Mobius said about a few months back that he envisaged a correction of upto 30% in emerging economies. Do you agree?

Mar 14, 2010

i like your comment on pitroda committee on is at once satirical and factual....good, racy style...keep it up....

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On Edge

March 6, 2020

Why am I so on edge right now? I have been doing well, I thought. I have felt progress, I said. I have seen momentum, I believed. But here I am on a Friday night on the brink of panic — with a brain that is clearly still struggling to recover from traumatic injuries. Things are not yet out of control, but little appears to be stopping all from devolving in that direction. I've worked diligently with focus and intention to protect myself from outside stressors and added dangers since my accident. Yet as I struggle to put what is happening in the world beyond into perspective or terms I can understand, fear is ratcheting up. I’m starting to doubt my strength, feel sensitivity turn to weakness, watch agitation brew into anger, and lose my ability to allow for vulnerability without slipping into precarious territory — which only adds compounding layers of guilt, shame, sadness. Why? Again? Now? What good is progress if regression or stagnation always follow? How do I accept or accommodate all of these perplexing emotional sensations without caving or crumbling? I hear the wise newly-fortified voices in my head telling me this is natural, that self-limiting destructive lines of thought do not serve, to learn to work through rather than grow overwhelmed by or fall victim to troubling moments. Take time to process, gain awareness and choose a deliberate response to this temporary state, in place of mounting a hasty or disproportionate reaction from a place of fear, anger or frustration. Living with, managing and improving my relationship to discomfort will yield far greater outcomes than rigidity, toughness or absolutes. I don’t like feeling on edge, but denying, ignoring or fighting this reality will only deepen the nuanced web of challenges, whereas openness, acknowledgment and willingness to simply notice, scan and engage without judgment, pressure or resistance will enable me (I think/hope/pray) to not just make it through this negative experience, but that adoption of resilient techniques may even propel me onwards toward further psychological and physical healing. I’m on edge, I am — but also feel fairly capable of maintaining my balance, staying the course, breathing deeply, and carefully finding a way to more solid footing.

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A brand new discovery centre has opened near Essex and it is bursting with exciting wildlife to explore.

Just north of the M25 and nestled on the Essex border in Fishers Green is the stunning Lee Valley, with 10,000 acres to explore.

The new Wildlife Discovery Centre opened last week, giving families and friends the chance to get up close and personal with the gorgeous wildlife and habitats that burst from Lee Valley.

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Lee Valley Regional Park Authority’s Chief Executive, Shaun Dawson, said: “The pandemic has shown us how much people value open space and the ability to get close to nature.

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Gold exchange traded products, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL), have traded mostly flat over the past few days, leading some gold market observers to highlight geopolitical flareups and demand trends as the most credible near-term catalysts for the gold metal.

Gold prices could move modestly higher with some help from emerging markets, namely China and India. However, the dollar has recently retreated in noticeable fashion, helping aid gold’s ascent along the way.

Gold has enjoyed greater demand in a low interest-rate environment as the hard asset becomes more attractive to investors compared to yield-bearing assets. However, traders lose interest in gold when rates rise since the bullion does not produce a yield.

“Gold continues to receive bullish news from outside markets and geopolitical events. OPEC has agreed to extend production cuts for another 9 months, the Macron election victory in France (bolstering the Euro) and the North Korean standoff have made the case for Gold as a safe haven investment. However, the 800 lb. gorilla in the room is physical demand for the metal,” according to OptionsExpress.


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The GRAMMYs may be music's biggest night, but if we were being honest, tonight was more friendship's biggest night, and BFFs Taylor Swift and Selena Gomez were killing it together all over the awards show.

Here are their eight best friendship moments.

MORE: Taylor Swift Slams Kanye West in the Most Epic Way Possible During GRAMMYs Acceptance Speech

1. How they rolled in together.

"No big deal just rolled up with the hottest date," Taylor wrote on Instagram.

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"We just won a Grammy for the Bad Blood music video and we are NOT OK," Taylor wrote.

Sometimes being not OK is the perfect way to be.

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We're not positive this is to Taylor as she stepped off the stage, but in our hearts, it always will be.

7. When Taylor called out Kanye, but really gave it up to her friends.

Getty Images

"If you just focus on the work and you don't let those people sidetrack you, some day when you get where you're going, you'll look around and you will know that it was you and the people who love you who put you there and that will be the greatest feeling in the world," Taylor said during her phenomenal speech after winning Album of the Year.

MORE: See the Complete Winners List at GRAMMYs 2016

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Y'all are an inspiration. Keep it up.


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His Majesty King Philippe gave us the honor to visit Kaneka Eurogentec

This visit represents a great acknowledgement of our expertise in the fight against COVID-19.

On April 28th, His Majesty King Philippe of Belgium visited Kaneka Eurogentec in Seraing, Belgium. He was accompanied by the Minister-President of the Walloon government, Elio Di Rupo. The King learned more about the key role of Eurogentec for the COVID-testing and the development of vaccines and therapies against the SARS-CoV-2 virus.

In the field of testing, more specifically the molecular diagnostics, Kaneka Eurogentec is one of the few companies in Europe to develop and produce reagents for the qPCR analyses. As a pioneer in the field of production of DNA material for use in gene therapies, Kaneka Eurogentec has become an important player for the manufacturing of molecules who are essential for the COVID vaccines.

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All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Qatar Telecommunications plans to raise USD 2bn syndicated loan.

Qatar Telecommunications plans to raise USD 2bn syndicated loan. Qatar Telecommunications Co (Q-tel) announced that it plans to raise a loan worth USD 2bn. Q-tel further said that it has appointed Barclays, Development Bank of Singapore, Gulf International Bank, Qatar National Bank and Royal Bank of Scotland as lead arrangers for a three-year revolving loan. Qatari daily The Peninsula reported that Barclays would act as the book runner.

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Video: France’s Medical Doctors Speak Out “For the Truth About Covid-19”

ER Editor: This is refreshing to see as France, unlike Germany, Spain and internationally, had up to recently not yet formed its own dissident doctors’ group as a response to the incoherent covid tyranny. In the image above we see psychiatrist Dr. Martine Wonner (centre), who stood as a member of Parliament for the first time in Macron’s party, only to get booted out of it for speaking medical truth to power publicly many times. Equally courageous and outspoken is gynaecologist/epidemiologist Dr. Violaine Guerin (right), who has been vocal about her successful clinical use of hydroxychloroquine with patients, only to find herself threatened for such disclosure.

The public discreditation of Dr. Didier Raoult in France is the stuff of legend by now, as is the psychiatric internment of Dr. Jean-Bernard Fourtillan late last year. Other dissenting doctors such as Dr. Christian Perronne have also been on the sharp end of the government’s propaganda stick. Fortunately for us, they’re all tough and very determined, just like the Gilets Jaunes. These aforementioned doctors are not part of the new team led by Drs. Wonner and Guerin.

Martine Wonner and Violaine Guerin are also spearheading the group “Let Us Prescribe,” given the restrictions on what doctors could and couldn’t prescribe for their patients during the so-called ‘pandemic’, restrictions which are still in place we believe. Hydroxychloroquine had been conveniently banned in January 2020 by then-‘health’ minister Dr. Agnes Buzyn (who was conveniently whisked away by Macron, and has now landed on her feet with the WHO) just before infection rates started to climb. The political class, meanwhile, had already received their private supplies according to physician Dr. Patrick Pelloux.

The surprising fact here is that a Chinese media channel is helping them to advertise their cause because France, the country of liberty, egality and fraternity, isn’t.

Video: France’s Medical Doctors Speak Out. “Pour la vérité de Covid-19”

Analysis by Peter Koenig

The New Tang Dynasty (NTD) broadcast a Press Conference of 9 January 2021 of independent French medical doctors for the truth about Covid-19. It is called “Coordination Santé Libre” or “Free Health Coordination”.

The Group, based in France, represents more than 30,000 medical doctors, an equal amount of medical care personnel, and more than 100,000 citizens.

Conférence de presse: Santé Libre | Des collectifs de médecins indépendants pour la Covid19 – Une Initiative de médecins libres français (12 Janvier 2021)

NTD Television is the largest independent Chinese international TV channel. It was created in 2001 in New York, from where it broadcasts its programs to more than 100 million people around the world.

In 2010, a French branch was created, to serve mainly European viewers. NTD has become an effective alternative news network.

Since the independent French “Free Health Coordinators” have no access to French and European mainstream media, they have decided to work with NTD – benefitting from the broadcast network’s large coverage. Their goal is to inform as many people as possible about the truth behind Covid-19, clearing up myth, mysteries, scientific controversies and outright lies.

The Medical Coordination Group has created 4 cells of research and public information, covering covid prevention, treatment, dialogue and information, notably

(i) the (French) government’s prohibition of using traditional and effective anti-inflammatory and infection medication, like Ivermectin and others;

(ii) analyzing and making public the “figures” – the often false or misleading statistics about new “infections” or new “cases” – the mortality rate (what does it mean) – and bringing these corrected concepts to the public;

(iii) the different aspects and risks of the currently available – largely untested – vaccines in the west, specially the dangers of mRNA-type vaccines; and

(iv) public information – which is currently a topic of misinformation, a chaos of scientific and medical contradictions, manipulation of facts, half-facts and untruths, and outright lies, as well as intense fear campaigns. People in fear become weak, morally, physically and more vulnerable for diseases – all kinds of diseases – as well as obedient and depressed, which may lead to suicide.

It is truly amazing what this French Medical Coordination has already done and is planning to continue doing to counter the current almost worldwide false and incomplete covid narrative – and bring truth to the people. – With this fantastic French initiative, there is a flicker of hope on the horizon that more and more people will see through this criminal covid endeavor.

Peter Koenig is a geopolitical analyst and a former Senior Economist at the World Bank and the World Health Organization (WHO), where he has worked for over 30 years on water and environment around the world. He lectures at universities in the US, Europe and South America. He writes regularly for online journals and is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and  co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020)

Peter Koenig is a Research Associate of the Centre for Research on Globalization.

The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)

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The Bruges Group

  • The Bruges Group was set up in February 1989 to campaign for a Europe less subject to centralised control than that emerging in Brussels. Its inspiration was Margaret Thatcher’s Bruges speech, in September 1988, in which she remarked that Britain had not rolled back the frontiers of the state in order to have them re-imposed from Brussels. The Bruges Group soon had a major effect on public opinion, and forged links with similarly minded Members of Parliament as well as with similarly minded groups in other countries.

Brexit Party

  • The only democratic, non-racist, non-sectarian political party to advocate Britain’s withdrawal from the European Union. It campaigns to restore true democracy and independent accountability to the parliament in Westminster.

The Democracy Movement (UK)

  • The DM is Britain’s biggest and broadest-based pressure group defending liberal democracy in Britain and across Europe.

The Brussels Journal

  • The voice of conservatism in Europe.

  • European Union made easy, by ex-European MP Jens-Peter Bonde.

EuropaRL – Youtube video channel

  • Selected videos, strong voices.

  • Website of ex-European MP Jens-Peter Bonde


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from the Diamond Light Workbook by Soluntra King

The RNA Receives the Multi Dimensional Codes

      The RNA is different to DNA in that it is single stranded and it is the messenger that brings the Light through the cells and to the DNA. With the great shift that is taking place within our bodies and being, as well as the Earth, Solar System, Galaxy and Universe, where we are graduating back into the higher dimensional Light being we are, this time in a physical body from carbon to crystalline based, the RNA is very important now as part of this process.
      In a metaphysical sense the RNA communicates in multiple time dimensions and receives information through its crystalline linear chain mechanism. That is how RNA molecules assemble the physical matter proteins in the Ribosome in order to receive the new Light Codes. The RNA receives communication from the Source/Universal Mind/Prime Creator and through to your oversoul/divine consciousnesses. Most of this information is of anti-matter and the RNA receives the new Light Codes that act as catalysts enzymes for the building blocks of our new bodies that are changing from carbon based to crystalline based.

     RNA is the gel that connects to the next level of DNA activation and you may find like myself at the moment, the need to eat a lot more protein to assist this process, this includes animal protein. I was a vegan for many years, then vegetarian and now I need to eat eggs everyday and fish or chicken. My body needs this at present to assist this process so listen to your own body and what it needs to help it with the changes.
     The RNA is not only doing its primary function of protein synthesis within a cell, but is the catalyst for this amazing upgrade we are going through physically. RNA is having an upgrade as well to be ready to receive the higher Light Codes that we are experiencing now as we heighten our frequencies and come to the state of stillness. In no time, no space as we move through the centre of our Galaxy and the cross over point into the new creation. As the DNA strands activate mostly in the etheric where the strands are functioning and in our higher energy bodies and multi-dimensional bodies that we are now integrating into the physical plane.

      It does not pay to get caught up in numbers but to just be aware that these changes are happening within you, and that you can assist it to be gentle, easy and flowing, and can in fact enjoy the ride and allow yourself to awaken to your Divine Blueprint where experiencing life in your full embodiment is your next destination. You are already there now, as there is no time or space, but in the arena where we have chosen to play we are in density and matter and so it takes some conscious attention on our part to assist and know what’s happening, and to expand our consciousness to Universal Mind.

     This upgrade is affecting all of us and our Pineal and Pituitary and Thymus glands that are players with the RNA as we receive the Light through the Pineal and process it all in the Pituitary and the Thymus regulates our body and kundalini flow. We are receiving this information from matter, anti matter and dark plasma.
      Your multi-dimensional bodies are liquid light plasma and exist in the worlds of what scientists call dark matter or anti matter, that is lighter and higher frequency than dense matter and interfaces with the divine realms. It cannot be read by scientist in third density consciousnesses, and it is in unified consciousness and beyond the dense world of duality, it is not electromagnetic like the Earth, us and denser forms.

    As this process evolves in us with our RNA, DNA and Light Bodies it means we are holding greater light and our energy field is strong and clear. It also means that we have a lot of energy at our disposal and we must be so aware of our thoughts, words and actions. Like never before do we create from them and now we have a lot of responsibility to be aligned with Source and come from unity, rather than separation consciousness and to take responsibility for all levels of our being.
     We are fortunate now, in the past we have held these energies but often did not have the wisdom, now the journey home to ourself is through Love, not power and magic, and so we are safe guarded to a certain extent as not much happens to us in the way of getting lighter if we do not have our heart open and are loving, compassionate and allowing.

To work with the RNA please see in the Diamond Light Workbook

Copyright © 2010   Soluntra King PO Box 11 Whakatane, Bay of Plenty. 3158 New Zealand.
This email address is being protected from spambots. You need JavaScript enabled to view it.  Web site www.evenstarcreations.com


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Master & Apprentice Premiere Comedy Night!

Thu 25 May 2017, 8:00pm–10:00pm

Where: Master & Apprentice, 136 Hurstmere Rd, Takapuna, Auckland

Restrictions: R18

Listed by: Taylor McLeod

Always two there are; no more, no less. A master and an apprentice...

They had the Master Bar so we took on the apprenticeship. Foolhardy Comedy Productions is proud to present a night of comedy at Master & Apprentice Bar in Takapuna!

We needed to rally up some hilariously skilled talent for our own Jedi Council of comedians, so that's what we've done!

That's right! We searched up and down NZ and we managed to wrangle one of the most renowned masters of comedy to host the night - Brendhan Lovegrove!
You'll know Brendhan from 7 Days, TV1's A Night At The Classic, and he's even won Best Male Comedian a few times (9x or so he keeps reminding us!)

Joining Brendhan - fresh from her debut on TV3's 7 Days (and you'll also catch her on The Flick Electric Comedy Gala in April!) - is Melanie Bracewell!

We're also lucky enough to have the hilarious talents of the multiple award-winning Paul Douglas! (NZCG Best Newcomer & Gag of The Year!)

But this comedy council just wouldn't be complete without the one and only Justine Smith!

A Foolhardy Comedy favourite - Jussi has previously won the prestigious Billy T Award. She's also taken out NZ Comedy Guilds Best Female Comedian and took away the title of Best MC at the 2016 Comedy Awards! She is a regular panellist on TV3's 7 Days and you'll also have caught her on TV3 After Hours Stand Up Special!

What a team and they're here to bring you a night of laughs for One Night Only in Takapuna!

Once you've booked your tickets, get in touch with Master & Apprentice to book a table.

Proudly Presented by Master & Apprentice and Foolhardy Comedy Productions!

Sponsored by: Macs Cloudy Apple Cider & Yealand Wines.

Door Sales Available From 5pm

Restaurants to book near Master & Apprentice Premiere Comedy Night!


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Blog Archive

This post contains links to products on Amazon. If you purchase items through these links, I receive a small percentage of every sale.

Liebster Award

I am so excited to announce that Every Star Is Different has been nominated for the Liebster Award!  What is that exactly?  It's an award that's all about love for new and upcoming blogs.  Most importantly, and most flattering, I was nominated by one of my readers!  Thank you Laura!  I am so honored to accept.

Laura's blog has some fabulous hands-on activities for preschoolers.  Her posts have so much detail.  The ideas are great!  If you haven't visited My Bright Firefly yet, please do!

When accepting the Liebster Award, I'm asked to link back to the nominating blog, nominate at least 5 other new and upcoming blogs, share eleven random facts about myself, answer 11 questions Laura has prepared for me, create 11 questions for my nominees to answer, and contact my nominees to congratulate them and let them know they've been nominated.

I hope it's okay that I made my random facts a little more entertaining than expected.  Yes, I'm a Mommy to four special needs kiddos. Yes, I'm an educational blogger.  But, there's so much more to me than that, and it's fun to remember what life was like before all this. I hope you enjoy!  And in case you're wondering, I do have witnesses to verify every single one of these facts. ;)

11 Random Facts about Renae
1.  I obtained a boater's license and my first boat at age 11.
2.  My passion for computers and Microsoft Publisher (where I make all of my printables) started in 7th grade when I was nominated to be editor and chief of our middle school newspaper and taught by my technology teacher, Mr. Freitag, my mentor for years afterward.
3.  While in middle school, my family ran an ice business.  Each night, after dinner, during the Spring, Summer, and Fall,  I would head to the ice house to help my dad bag blocks and bars of ice.  We'd then bale 60 lb. bags of cubes, and stack them in the freezer.
4.  In high school, I was president of my class, president of our student council, and took AP courses. Yes, I was that type of girl.
5.  In my ninth grade year of high school, a classmate committed suicide in an effort to escape bullying.  As president of the class at the time, I was asked by my principal, to write a letter of condolence to the classmate's parents and hand deliver it to them, in their home, along with the American flag from the school, they'd requested, before the funeral.  I don't think I'll ever forget that experience.
6.  My high school class was known as the "Cursed Class of 2000."  Each year of our high school career classmates died.  Three of them died in car accidents.  Two of them died in car accidents in the same location.  The last to die was a surviving passenger of the second car accident just a month or two before.  The first to die in a car accident was one of my dearest friends.
7.  At 19, my best friend and I hitch hiked while in Las Vegas, Nevada.  This is one of those "What was I thinking?" memories, but still a fun one.
8.  While in college, I worked at a funeral home helping with removals, visitations/calling hours, funerals and more.  I LOVED this experience!
9.  While I was on a cruise ship to the Bahamas with a friend during my college years, the first mate of the ship, who happened to be from Greece, fell madly in love with me.  So much that he continued to call me, write me, and later propose marriage to me.  (In case you're wondering, I didn't marry him.)
10.  My husband and I eloped.
11.  I am addicted to popcorn.

Laura's Questions to Me:
1.  What one word sums up the heart of your blog and why?
Success.  My blog is documentation of all that I've taught my children.  When I look at each post and picture, I see my kiddos being successful in their learning.  The activities I create are specifically for them, to help them grow, learn, and develop into the most successful people they can be.

2.  What is the story behind your blog's name?
Every Star Is Different is the name of one of my favorite children's songs.  The words were written by John C. Cameron.  The music was written by K. Newell Dayley.  The piece was arranged by K. Newell Dayley.  I couldn't think of a better name for the documentation of my four very different shining stars. When I started blogging, I did not anticipate others following my units and activities. When I realized that my blog was becoming popular, and decided to make it a professional endeavor, I was able to contact the correct people and obtain permission to keep the name.

If you'd like to listen to the song, click HERE.

3.  What post have you written are you most proud of?
It may sound silly, I'm most proud of my Free Printables page.  The post took months to put together, as I had to go back and create collages, and update printable links for every unit I'd done with the kiddos.  When it was finished, I had a page that included every single unit I'd ever put together.  It was amazing to see all I had created and taught.  Looking at the pictures while making collages, brought back so many enjoyable memories I have with my children.

4.  What is your favorite aspect of blogging?
I love connecting with people from all over the world.  In my eyes it helps make the world a better place, where we're all working towards the same goals, share the same love, and want what's best for each other.  After all, this is how I started working with Anastasia from Montessori Nature.  Who would have thought I'd have a partner, who lives on a completely different continent?  I can't imagine life without her now.

5.  What is your favorite way to treat yourself?
On Friday nights, I take time to myself, and watch the newest episodes of my favorite shows, Parenthood and Grey's Anatomy.  More often than not, I'm eating popcorn too.

6.  What do you like most about the area you live at?
There are two things I absolutely love about where we live.  One, we are blessed to have amazing doctors and specialists for our kiddos all within an hour radius of our home.  I don't know what we'd do without them.  Second, behind our home is the most beautiful and well cared for cemetery.  Some may think that it's freaky to live so close to a cemetery.  Others may joke about our quiet neighbors, but I LOVE having the cemetery so close.  The kiddos and I take walks there almost daily.  There is so much history there.  And on a personal note, I find cemeteries to be such spiritual places.

7.  Your dream vacation, mountain hideaway or a beach house?
I would prefer a mountain hideaway any day.

8.  What's your favorite book?
Such a hard question...  As much as I LOVE to read, the only time I get a chance to read much of anything is when I'm in the bathroom.  Lol.  Since my kiddos have been born, this is pretty much limited to magazine articles, as they're short and quick.  But other than that, I'd have to say my scriptures are my all time favorite books.  They're the only books I've read more than a few times, and make time to read and study on a daily basis.

9.  Hot chocolate or coffee?
Neither.  I'm a hot apple cider kind of girl.

10.  Early bird or night owl?
Definitely a night owl and always have been.

11.  Which project or idea on my blog would you be most likely to try yourself?
I'm all about fine motor and sensory activities.  I love the picture of your Halloween Fine Motor Activities, and also your Halloween Sensory Bin Round Up.

Thank you again to Laura for nominating me for this award.  I'll be nominating five other new and upcoming blogs and asking them 11 questions I've prepared.

1.  Why did you start your blog?
2.  What are some of your favorite blogs to read and follow?
3.  What do you listen to when you're blogging?
4.  What's the story behind your blog name?
5.  What do you do to take care of yourself on a regular basis?
6.  What do you like to do in your spare time (besides blogging)?
7.  What makes you smile?
8.  What have you done today to show someone you love them?
9.  Who inspires you to be the best person you can be?
10.  What makes you laugh?
11.  What makes blogging worth it?

More details about the nominees coming soon!

1 comment:

  1. Making a world a better place - I love it!!! Congratulations on your award. You have a wonderful blog! And this post is such a sunshine. I love how the heart of your blog is the success of kids! I like Grey's Anatomy and popcorn too :)


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Alstom innovating to improve and expand its onshore wind turbines

Alstom signs a partnership with Freyssinet to enhance its ability to provide higher towers to serve less windy sites. The Group also achieves a key milestone in the certification of its ECO 122 wind turbine and commercialises a 3.0MW model of the machine.
Following measurements taken over a 2-month period on an initial ECO122 unit installed in Wieringermeer, Netherlands, the power curve of the wind turbine was measured and certified by ECN1, providing tangible evidence of the machine’s efficiency.

Alstom also announced that it has signed a global partnership with Freyssinet2  to develop a 119-metre concrete tower specifically designed for its ECO122 wind turbine. This new tower will be made of 11 concrete sections, the lowest measuring 7.20 metres in diameter, for the base of the structure.

Coupled with the MOU agreement previously signed with Max Bögl Wind AG3, to develop a 139-metre tower of hybrid design featuring a concrete bottom section and a steel top section, this new partnership gives Alstom the ability to offer its customers two high tower options for its ECO 122, suited to harness the stronger winds found at high altitude.

The ECO122 is now available in 3.0MW model which will have a 6% higher yield than the 2.7MW version. The high capacity factor4 combined with the turbine’s significant rated power make the turbine ideally suited for low to medium winds.

By consistently investing in innovative wind turbines, we strive to ensure a better use of wind resources and a higher yield, regardless of wind characteristics. The new steps achieved today will help us to continue to provide our customers with more flexible and ever more efficient solutions” stated Laurent Carme, Alstom’s Vice President Platform & Product Wind Onshore.

Thanks to the installation of a temporary structure and a mobile factory close to the wind farm, each element of the concrete tower will be produced and assembled, by Freyssinet, on site or nearby prior to full installation of the turbine, allowing increased local content, and reduced transport costs. Freyssinet has developed a unique installation method “Eolift” based on proven heavy lifting techniques used in civil engineering. The method facilitates the nacelle and tower assembly at heights exceeding 120 metres, while reducing contingencies relating to stringent conditions, such as high wind conditions during installation.

By providing a comprehensive range of towers made of concrete, steel or both, and adding to that the latest in installation technology, it is now possible to consider installing a wind farm within more complex environments, at competitive costs and within competitive completion times.

Energy research Center of Netherlands
Member of Soletanche Freyssinet Group, world leader in specialized civil engineering
3 Germany’s leader in the design and construction of wind turbine installations
4 Capacity factor is the ratio of the actual energy produced in a year, to the theoretical maximum possible if the turbine is running full time at full power output.