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Replaying 1929 "Standup Economics" This economy is a what? |
Updated: Saturday February 16, 2008 7:55 CST The Early Briefing In depth perspectives are for subscribers to www.peoplenomics.com |
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Satellites and Memeering A couple of "expert" readers have checked in with additional thoughts on the US spy satellite which the government is about to start shooting at. One reader officers this on the use of plutonium onboard such craft:
Now to say that the hydrazine angle is a 'smokescreen' may sound like a strong claim, but another reader, an Alabama chemical engineer with some training in such things, send along some interesting information about it (such as price) here as well as offering this to the time monks and me:
All of which is interesting, to say the least ()along with how my email now gives me the message that it wants to "connecting to server" for something or other (PU references probably trigger at least some electronic monitoring - and perhaps with good cause.
Nevertheless, as I explained last Monday, there's this little matter of 'memeering' on the internet as a way to prepare the public for what comes next - and here's an email that goes exactly to the point:
There's lots of other traffic showing up on the net is postings - and since the time monks report they have deployed the spyders to go start sweeping discussion groups and fora for data that will freed the forthcoming ALTA 1308 report - the volume of stuff crossing modelspace will likely increase.
There's some comfort in the idea that the current satellite track seems to take if over central Alaska down to Rio de Janeiro, but that's right now -with 10 days to go and no telling what precession and Navy missile file will be doing to that. --- The NY Times reports today that "Missile Defense Future May Turn on Success of Mission to Destroy Satellite" - something we wish the 'Nebraska Navy" all the luck in the world with.
But, because we have all the language in modelspace (not to mention some geographic descriptors in modelspace which *may or may NOT* mean something), we'll just start tracking a few Google news hits on keywords like "famine" and "shortage" in a short term index for Peoplenomics.com subscribers this weekend.
War Clock As developments in the Middle East continue pointing toward increasing tensions, I got an email from (yet a third reader) that goes some ways down the 'what's going on' behind the curtains idea:
No need to get testy (or drunk) about it. We still have the UN working this fall on getting the mass of humans ready for the 'contract' meme, and in the meantime, we still have the soaring tensions, soaring oil prices, and (stick around a few weeks) new war to deal with. --- In Denmark, we have newspapers reprinting those cartoons, offensive to Muslims for they mockery of the Prophet. The headlines that "Danish Youths riot for sixth-night" are about as close to a non-surprise as you'll find. --- Then, a little closer to where the fighting will soon break out, we read that "Hamas, Jihad vows revenge after killing of 8 people in Gaza." --- Then, as Israel is moving troops to the North and East, we read how (near that border, Iran and Syria are teaming up to find the killer(s) of the Hama leader assassinated this week. --- Against this background, my profits in short-term oil options were only a return of 400-some percent (or a gain of 300-some percent, if you want to talk gain only). And, I'm not the only guy playing it. Widely swinging prices in oil have been just a gift to commodity gunslingers, and the meek and mild-mannered types like me.
As we get a little closer to satellite 'down time' no doubt the internet hysteria about such things will build, speculation about famine seems likely to increase, and the national chewed fingernail index seems likely to head up.
Never one to look a gift headline in the mouth, I waded back into wheat call options at the end of the week, disappointed that my Friday to Thursday statements reflected a mere 19.375% increase for 4/5th of the week. Maybe it'll look better this morning when the new statement comes in.
The Runs: Russian into Things "At a minimum, a head of state should have a head". No, not a surly morning around here - a comment on what's-her-name from Vlad Putin.
Where's That Football? In Africa, presumably with Mr. and Mrs. Decider doing a little world tour. Racking up of mileage awards on Air Force One, maybe?
Headline of the Day Award To the Chicago Sun-Times for this gem: "Gunman "somewhat erratic'. No sh*t? ---- This being "Wrong Problem Week" a reader offers (correctly) that "The problem isn't the guns. It's the drugs that corppharma is pushing on everyone." Well, duh.
Nothing to Sneeze At
Sorry State of Affairs As I pointed out in the Tuesday report, seemed to me that Australia saying "So Sorry!" for wrecking a perfectly decent continent and destroying first people's and their cultural heritage wouldn't be sufficient.
Two points today. 1) The aboriginals are planning to sue the invaders (* some of my own family surname are actually in history books there, but t'weren't me) and 2) The reason that first peoples are an appreciating resource is that the generational learning of everyone from Alaska natives, to North American first peoples and the Aboriginals (not to overlook half of Africa while we're at it) is incredibly valuable because they folks got along without high def TV and Vista. Think we might be able to learn a little something from them? Communicating over long distances without texting and a monthly bill? OMG these folks are dangerous! Eating without a credit card? TEOTWAWKI! Get real...
"Wrong Problem Week" Capper I started off Monday with a rant about how our "leaders" (using the term loosely!) have a marvelous way of solving the wrong problem.
Clearly, the EU has figured ouit that if the US can keep economically afloat by pouring money like mad into "security" and stun guns, then in order to ensure the same kind of economic growth in the EU, they need to whip up a little more 'terrorism fear', invade a few more countries, and do a little more back-room germ warfare development.
The underlying problem of too many people fighting over too few resources has an inevitable outcome: Dying oceans, oil past peak, and a corpgov economic system that exploits labor wage rate differentials for the benefit of the owner class (which we call around here the PTB) are but a few examples.
Those who believe in the myth of the Singularity seem delightfully ignorant of Third World dynamics. But, I suppose that's OK. Denial is doing its job keeping the markets afloat (for now).
A Hero Steps Aside As a recovering news manager, I don't have a lot of heroes Sadly, one of my remaining few, David Walker, US Comptroller General, is stepping aside at the Government Accountability Office. His next mountain: A foundation to alert the public to the problems of the financial soundness of the US - in debt to the rest of the world for something like $53 trillion already and more coming thanks to a snoozing CONgress stampeded past thinking by staged events. --- Too often I've seen what were initially people of high integrity turned to trained pets of the powers-that-be or simply raw cash. Walker's been one of those refreshing exceptions.
It will be a sure sign of our honesty and integrity as a nation to see what kind of replacement is nominated for Walker's position. Unfortunately, I'm not holding my breath.
No Snip and Save Just too much going on around here today - but keep sending suggestions to george@ure.net and I will get another update on Monday.
Reader Reminders A few important reminders
Around the Ranch: SOHO Improvements Managing 3 (or more sometimes) computers and 5 to 7 monitors going has become a bit much. Adding a KVM switch and a FTA satellite TV to the monitoring center here. Along with a computer-controlled receiver (which is the nth back up of all the other electronics in here).
The new wireless laser printer will replace the one sitting where more monitors can go... They're fairly cheap now and simple enough to install (I hope!).
When all is done, I expect to have just five LCD's at the main work position. One three monitor laptop for client consulting, web site, and email, while a second laptop will handle wireless cams around the property, the USB TV, network admin, and the USB controlled shortwave monitor.
Does any of this sound like work? LOL Not hardly!
Peoplenomics: 13 Acres And Independence - Part One We've lost track of the number of folks who have asked us to write up a short booklet on how to go about dropping out of the Big City - High Consumption Lifestyle, which we've managed to pretty much ditch over the past six years. So, this week I'm starting to write a short e-book (which as a subscriber to Peoplenomics, you'll be able to read here as bits and pieces of it come out. ) For those addicted to the rush of the markets (like me, for instance) this week's ChartPack (click here) will give you the economic overview and set out what I expect in the very near term. In a nutshell, while we seem due for a major increase in commodity prices (food and energy sectors) there continues to be an erosion of housing prices and what works out as illiquidity in the bond markets. This latter seems more because of fears over the fate of bond insurance companies, than a fear of default on underlying commitments, but the work-out is the same: Bond's that don't move.
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No Incumbents Bumper Stickers 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 for that office having never held that job before, you see.
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