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Online Well, here we are, a thousand bucks later, one computer’s hard drive gone, another on life support, and a brand new PC with lots of RAM, lots of new antivirus kinds of things, and at least for now, back online. If there is a less on all this (and there are many) the one I would highlight for you is that if your computer starts to run a bit slow, get on it! Don’t waste time – that just gives things a chance to spread – and the second hint is insure that nothing from the old computer gets anywhere near the new one – viruses won’t jump air. I wasn’t the only one having computer troubles on Friday – the FAA’s regional system in the Northeast was having a serious case of the blues, as well. Doubt we have the same problem, though… The
Cold War Dance Can’t help but notice that Vlad Putin is going to stand up to the US on the issue of us putting missile into what was once the Soviet empire. Says Putin – Put them somewhere else – like Iraq, or Turkey , for instance. Maybe the reason for the market’s rally on Friday was the prospect of more biz for defense contractors? Boeing up 1.39% for the day, but Halliburton lagged the averages, so no, that’s not going to fly. Gonu
Toll At least a dozen people are reported dead from the tropical cyclone that went into Iran on Friday. Oman lost 49 to the storm. Happy
at Garman? We wonder how some of the leading US makers of GPS units are feeling today? You’re thinking “Odd thing to ask – you been staring at computers too long?” No, no (well, yes, yes, but that’s beside the point) follow me here: Ministers of the EU met on Friday to try and figure out how to bail out the Galileo project. That was supposed to be the be-all end-all replacement for GPS which the EU techies were trying to launch. No soap though, seems they can’t agree on much of anything. That’s why George Bush was able to put what had been agreement on climate into disarray this week, too. Although, in fine political fashion, it’s called progress. What else? Keeping
Pace No, that won’t be happening, as Peter Pace won’t be renominated to head up the Joint Chiefs at the Pentagon. Felony Forgiveness in Trouble As I read headlines that “prospects dim for immigration bill” I think to myself “There’s hope!” Tesla Tech Lots of discussion about how this week a group of scientists was able to demonstrate that they could light a 60 watt light bulb from a source 7-feet away. All of which sounds like something cooked up by Nicolas Tesla. The problem, if you haven’t read magnetic lately is the darned inverse square law, but nevertheless, 40% efficiency at 7-feet is not too bad… Life’s
a Beach A Florida International University prof is out with best beaches in the US…so if you’re looking to party-hearty, or at least get some quality time with the sun, try Ocracoke Beach in North Carolina. You could be saying “What does this have to do with economics?” Aha, Grasshopper! Where go the hip, there flows to the dough. This
is Good News? Trade figures out on Friday morning were, well, not surprising to us. While the word was that the frantic pace of imports seems to be slowing a bit, as we read things around here (while waiting for the !@#$%^&* computers to do their thing, the lesson not to be overlooked is that folks are just plain tapped out. Want to look like a genius-level economist? (Which I’d note would put your IQ at about room temperature compared to the rest of the population in general, but don’t let me get started on that…) Suggest that “Don’t yah think the Housing Collapse has something to do with it?” And like a good economystic in training, you’d point to data like the negative personal savings rate (which is continuing to auger in) and the fact that 82-mortgage companies have bit the big one since last fall…and the number keeps rising. Bonus points for reminding folks that M-3 on a reconstructed basis is inflating at over 12%. Jobs in the Post-Crash World I've advocated both on my web sites and privately (especially to my kids) the acquisition of as many "low tech" skills as a person can muster because when the stuff hits the fan for the economy, aged infrastructure, long-chain agribusiness, and the "consumer economy" will all be toast. A number of readers have had the good sense to ask "What will be the available jobs when all this comes to pass? Regrettably, there are no simple answers to this question, as the "right" answer will be determined by the speed of the onset of the Next Depression, and which parts of the complex system fail first. Still, we can make some educated guesses for several scenarios, so let's get right to it. More for Subscribers Subscription Information
"No Incumbents in 2008" Bumper Sticker To get your "No Incumbents in 2008" click here. They're just $5. And no, that would not keep Ron Paul from running for the White House - he is not an incumbent there - having never held that job before, got it?
Telefriend You might want to tell all your friends that you read UrbanSurvival or Independence Journal. That way, they'll marginalize you as a "nut job" and won't bother speaking to you about jobs, the economy, and such. Click here to warn them.
Be a "Third Worlder" Now! Order our handy ebook "How to Live on $10,000 a year or less - and learn to live like a Third World person now. It's coming anyway, with big job layoffs this summer - and by ordering now, you can beat the rush...
--- Friday June 8, 20076 Some
Mornings... OK, can't go
into all the details, but there has been some mighty strange stuff going on
here in computerland this morning. My main system
was hacked, along with the router, so I had to go through the restore from
backups and that's going to take a while longer to finish. So, please
bear with me. This is all the
more suspect because the whole thing seemed to have taken place at about the
same time that all three of my sites, www.independencejournal.com
(which is a mirror of this sites content) and Peoplenomics.com all went down. So, while it's
a pain, things are hanging together and we will have more posted later on
today so please check back. Need to get food, insure the integrity of
some client work, and then will get an update posted - much going on - \ ] \G Thursday June 7, 2007 Missing
Quakes, More to Come? I keep forgetting to mention the fine tracking that Holly Deyo has been doing on "missing" earthquakes, posted a few days back. Add in the recent quakes off Papua New Guinea, and the one in China, and you'll get a a sense of why our predictive linguistic "time monks" at www.halfpasthuman.com are all whipped up about a "global coastal event" in the not too distant future. For example, what could three large world changing quakes do?
Although the sea levels change globally have been incremental so far, there are already a few stories starting around the edges of MSM (mainstream media) about possible impacts. Virginia wetlands, for example: "As Sea Level Rises, Disaster Predicted for Va. Wetlands" reads one headline. And, while stories today of glacial melt put the short term outlook in fractions of an inch, the linguistics boys are thinking measured in feet, not inches. Recall that globally, there's enough ice on land to raise sea level 250-feet or so... and yes, head time monk Cliff is scrambling to find a project boat to turn into a survival platform. As soon as I can, I'm planning to seek a free/cheap project sailboat for Elaine and I too - like I need another project. But, a "project boat" is a toy and maybe a lot more - depending on how far above the current sea levels things pop.
Place not to move to? Bangladesh - already feeling some minor impacts of sea level rise. More to come - much more.. --- Ok, you're thinking to yourself, these guys are interesting - but George for sure is nuts. So, I won't tell you to click back to one of my weekly reports from January - January 13th to be specific - when the Red River flooding was predicted. OK, so a little late, but a hit nevertheless. No warrantees because we're in a place where Timex doesn't play the same. So along comes this weekend and the Red River is going waaay over flood stage. And about the 70,000 (or 700,000) displaced, inconvenienced by this flooding. Well, Fargo is 90,000 so not everyone will be impacted this weekend, presumably. We'll keep an eye out for references to 70,000/700,000 again, although presumably the Northeast Flooding hit the 700-thousand figure nicely. And the airplanes in water/wings locked imagery out of the Teterboro (NJ) pictures fulfilled that archetypical imagery. --- The technology
- while in its infancy does seem to give us some interesting clues about
future events, so when I tell you who's holding onto their precious metals
and building boats, with a 6-month lead time, I'd ask you to consider
"What other web sites/services were talking about Red River flooding
back in January - 6-months ahead of actual events?" Which is why www.halfpasthuman.com's web bot
runs are like a 'rough outline' of how things will work out in coming months
and years. Worth every dime of a subscription if you're a big trader...but
even "little guys" might worry about and position for
"whatever" come September. State
of Confusion While our tracking of the occurrences of the word "shortage" in the Google news engine hit another all-time-high this morning, one of the stories adding to the increase was the headline "Condoleezza Rice blamed for staff shortage" at the State Department where reports have it that morale is low. --- Another interesting story has to do with power shortages in India. My friend Vishal is in (nearest big city?) and when I asked him about the power outages and brownouts in India, he had this to say about how reliable power has been with monsoon season nearly there..."In metros like New Delhi, where I am located, there is no problem of electricity however leaving the metros apart, the power cut is for a very long time, and specially in summers it makes the life miserable." --- And I'm expecting a reflare of tensions between Ukraine and Russia as Ukraine says power exports to Russia and Belarus will be low (think non-existent) in June.
Shower
with a Friend The folks in LA are getting a first-hand glimpse of life under "shortages" as they're being told to cut showers to save water as the SoCal drought crisis worsens. Quick, is there a pure play anywhere in the deodorant business? Gonu
Goner Looking at the price of oil this morning (as the world runs on the stuff) I notice that while the much ballyhooed tropical cyclone Gonu has been blamed for 15-deaths so far, a look at the tracking maps says when the sustained winds of 40-miles an hour hit Iran today, it won't be a big deal there, like it was in Oman. Still, the storm does bear continued watching - as do oil prices every day.
The oil market, meantime, are finding worries elsewhere to fill in the gaps at the Rolaids counter: Some are citing fears about Iraq while other reports focus on the US (slight) production dip. If you find yourself mumbling something about markets climbing a wall of worry, that'd be a fair thing to apply to oil, it seems.
Oil
For Rubles Say, like you needed more evidence that the long term future of the dollar is "iffy" - check this one out: Russia is moving the trading of its domestic oil futures from the NYMEX to its own market in St. Petersburg. Is there a hint in there someplace?
Saved
By The Carry Trade While the Bank of England held rates steady today, there's a headline out that the "Yen, Swiss Franc Weaken as Rising Global Rates Spur Carry Trade." No, you have to look up what a carry trade is, yourself.
The US Fed meetings later this month will be a very interesting opportunity to test your gambling skills. Rising global rates pressure the Fed up, housing prices sinking pressure down, rental costs for the US dollars may have to go up (to keep people investing in dollar instruments) but it's anyone's ball game right now.
Shooting
Aliens With all the disclosures recently about UFO's and such (just a small part of the 'secrets revealed' meme the country has been going through of late), I did find the report that an alien visitor had been shot (years back) at Area 51/Dreamland to be interesting. Not saying it's true, just saying it's a good read over a second cup.
Wednesday June 6, 2007 Digging Deeper Well, here it is hump day and what do you think is the most important thing going on in the whole world right now? Oh sure, there's the G8 talks in Europe - which feature the Bushcorp guys saying they expect the meeting to "endorse the Bush call for climate talks" - and on the other hand, we have those paying a bit more attention saying "What about Kyoto?" and the proposal is being panned by lots of folks. And then we have the beat up police stories along with the fences to keep people away from corpgovernance figures. But is that really the most important financial story of the day? Water cannons make good video, right?
Hardly.
Instead, I'm waiting for the petroleum stocks report which will be out later today and at the same time, there's everyone sort of holding theirs breath about the first in history cyclone that could deliver a knockout punch to some of the Middle East's oil biz. With that, guess what? $80 oil is possible says one report.
So, while mainstream keeps pounding out the stories about the G8, we'll just keep watching the basics and the cyclone which has halted Oman production for two days now as thousands flee the coast.
Life runs on oil and interruptions there are really important. Market looks to open down a tad - I may not be the only one worried.
Next Book OK, here's one to put on the summer reading list prompts Tim B, our Canadian Bureau Chief: "Planet Garden: The present phase change of the Human Species" by William Kötke. I'm surprised that I'm alert enough to find the little umlaut things to put over the "O" in his name; must be strong coffee today. Apparently the coffee was weaker in 2005 when I missed the book coming out. Like I don't have enough reading (and writing) on my plate already...
Bashin Bush The republican presidential wannabe's hit out at you-know-who in their New Hampshire show. Maybe they were a bit tougher because of the New Hampshire session talk, huh? --- GW meantime is insisting the Cold War is over and he (who rules by signing decree like a certain mustachioed feller pre-WW II) also is critical of the state of democracy in China and Russia. If that's not the pot calling the kettle, what is?
Immigration Bill Fading? Well, looks like not everyone is hard of hearing in the District of Corporations. The Senate is not lining up behind the proposed immigration bill.
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Updated: Sunday June 10, 2007
