AGJSGW: “As Goes Japan, So Goes World” is a suitable start to train-wreck viewing as the month ends and the week begins.
My friend Robin Handler of the Options Signal Service made a dandy observation overnight: “While Sept is the worse month for stocks historically, during an election year it turns out that Oct is the worst month.” So, pay attention now class. We have a chance of seeing history in the making or a replay of an earlier trend.
“Japan Clocked” (Translated)
Linguistics are someone else’s forte. We are simple word-counters here. But the term “clocked” has many meanings. One of which is “To hit someone” so we refer to Japan’s stock market performance overnight in this regard. Other slanguistics are less suitable (“To identify someone as transgender” or “To catch sight of or notice something or someone” and “To keep track of slot machines to predict when they will pay out…”)”
“What are you saying, Ure?”
Um… -1,910.
That’s how much the Nikkei 225 average tumbled while you were sawing ZZZ’s. Though we have no idea what our Houston Bureau was doing up at 4:-3 AM to tell us Here’s why Japan’s stocks are plunging after Shigeru Ishiba’s win… Except, of course that Houston is a place lately where good solid sleep may be a little scarce. I mean storm after storm and now a dock worker’s strike likely tomorrow.
But let’s hold on that and first look at the Big Picture stuff:
Elliott Waves and Slope Compression
I suppose it’s worth having a mechanical discussion of how Charts evolve over time. Especially because I spent about 7-minutes last night over wine on the screen porch explaining to Elaine how “meter reading parallax” is one of the topics old broadcast engineers (Hank in Hawaii, and me as a once SBE.org member) can wax on about. Or, you can visit Avoid Parallax Error in Gauge ReadingsAvoid Parallax Error in Gauge Readings – Raptor Supplies Blog for a discussion of how parallax impacts things like non-digital micrometer readings.
The point that I’d draw (rock star trader D’Lynn’s) attention to, (since he questioned the trend lines on our charts) is that there is a time-derived first-cousin of meter parallax in charts.
So. that when it (at first) looks like we busted through the upper trend line (which we did, OK?) it is not conclusive that the break is complete until we have escaped from the chance of breaking down.
In other words, as the chart contains “more time” (time’s marching on, an all) the slope of our Rally trend lines will become more pronounced. and thus, the immediate reading of chart – which does often work – can be seen occasionally to first fail, but then (as more time is added and the ascending slope becomes more severe) be proven correct.
Which is how I can peacefully sleep with a long-dated put option basket while other people were bailing. Until, that is, savvy option traders saw a HUGE – most inexplicable rise in put option premiums Friday (which may resolve into much lower equity pricing over the next two weeks). Again, think of this as “Slope Compression”.
Assume a 3 points chart. Where point #1 and #2 project slope A. At slope A point #3 is above the slope. But now, increase the total time in the chart. As time is Added, slope A rises. That is, slope A + (time) equals a new slope B.
At the new slope B (as we see in the pre-session today, the Aggregate Index is again heading for the trend line (now slope B). We may actually hit the revised slope B during today’s trading – more of that damnable “time stuff” before we find out.
What becomes possible is that with the addition of “more time” to the span of the chart the slope B + (time) will result, in a week or three, as new slope C.
The reason this is critical is that when working on visual trading, you have few clues as to what the “correct” time base is for any particular view. That is, you can solve for the “like best time periods” but most people revert to numerical solutions even though (with practice) you can “see the slope changing in slow motion” in the disciplined visual brain.
By the way, this visual time compression is also a reason present-day physics bumps into the woodwork. This has everything to do with properties of manifolds in space-time, reduced to a subtle effect in money-grubbing.
But, I digress.
The Dock Walk Talk
Complexity Implosion
Clif High has a very good piece on his Sub Stack Sunday about how the powers that were are now going completely off-script. It’s about how when things begin to “go wrong” for the PTB, they tend to do more of the same old shit (that didn’t work).
We were shocked to see the “in Ure’s face” of this phenom on the Drudge Report this morning where a doctored picture of Donald Trump was used along with the headline “Trump Goes Darker”. Which, in turn linked to the story Trump launches into ‘dark speech’ on illegal immigration (yahoo.com).
It was surprising to the old newsman that this close to a dock strike, there was no mention of it looming or what impacts could be. Is this how the PTB lose focus?
Notwithstanding, there’s only so much room, but it might be an instructive omission. Ports strike threatens Walmart, Ikea, Home Depot imports (cnbc.com). And it could come at a time when exactly these Big Boxer’s are needed at full capacity for Helene recovery. When the death toll is now around 90.
Halloween Month
Burn your britches and kiss your witches month starts tomorrow. For this morning we’re goblin pap like this:
The headline is the whole story example: Tim Walz and JD Vance’s 2024 VP debate is tomorrow. Here’s what to know. – CBS News. Yep, that’s all of it, in advance, I guess.
National Insecurity is on the line in the WestPac: Assuming you know we can’t really make all military needs here at home anymore, US approves US$567 million in defence assistance for Taiwan (hongkongfp.com). Biden and the dimmowits have backed up into a “fight or die” supply chain cluster***.
Rights grabbing goes out of style in Oz as people wake to the liberal agenda and wokism goes to the mat: Austrian far-right party wins 1st national election since World War II : NPR. Selling out ain’t as popular?
Forget AI, Gruesome! California Gov. Newsom signs 2 bills to protect children from AI-generated deepfake sexual images | Fortune. But where are the bills to protect against what’s in curriculum?
Personal Protection from Getting Screwed, II: It’s time to take warnings about using airport public Wi-Fi seriously (cnbc.com). Why, we take ’em so seriously, we don’t fly anymore.
Biolab fire to keep an eye on: Terrifying footage from burning biolab in Conyers, Georgia shows huge plume of smoke as inferno sparks massive evacuations. Expect reports to, er, mutate.,
Big Picture read of the day: Mistaking Militarism for Statecraft, Empire for Democracy and Debt for Prosperity – The Burning Platform
War Checks
Ukraine is almost to the desperation phase which means: A Few Long-Range Strikes by Ukraine Could Shift Tide of War: ISW. By the way, a report from my consigliere who has been monitoring future-prediction sites notes a Polish “seer” (with a good track record) who sees Putin attacking a Western nuke plant is Ukraine doesn’t stop their deep strikes into Russia (and they won’t, so brace for a nuke plant attack in Europe though timing is not clear…)
Expect Israel to invade Lebanon in force this week: The probes have begun in Israeli forces carry out limited incursions in Lebanon, report finds – The Jerusalem Post (jpost.com). While on the other side Hezbollah Says It Is Ready for Any Israeli Land Invasion in Lebanon (aawsat.com). It’s a mess.
At the Ranch: Cat-proof Completion?
Sunday was spent putting the last of the clear plastic panels up around the screen porch. Where a couple of the feral cats have been leaping from the railing 3-feet over a stairwell and then trying to claw their way into the porch. Elaine’s trying to balance her “mothering and taking care of” instincts with the PITA reality of too many cats.
I’ve remained detached, since people seem to “call into their lives the lessons they need to learn.”
Meanwhile, I’m pondering the meaning of Compressed Life Review: Extreme Manifestation of Autobiographical Memory in Eye-Tracker – PubMed (nih.gov). We keep coming back to the “Is there some aspect of humans that survives Death?” question.
Interestingly, the notion of a Life Review (post-death) might be something worth preparing for. With an innovative concept in Examining a Novel Legacy Activity for Elders: Oral Histories as Produced Stories – PubMed (nih.gov). Where “life review” exercises may help preserve life experience memory and pass it on, then might it have value? Especially if these reviews can be turned into new (and more accurate) media stories in the future?
Write when you get rich,
George@Ure.net
the big replacement of congress. prior to the election. without citizen vote.
the hour is at hand.
Que: The Government Can.
https://x.com/JamesMelville/status/1840356885372838209?t=_JosI0NLxUgtoLLax36LKQ&s=19
catchy tune.
It would only happen if they changed the constitution, you know , 70% +or – of the states voting for it . Won’t happen any time soon. Hopefully never.
i have had a thing running since october 2020. that hits on this month and year.
big changes.
1024 is the smallest number with exactly 11 divisors.
1024 is a gig.
This fire at the bio labs plant. Reading an article it seems “Around 5am EST, a sprinkler at the facility malfunctioned and sprayed water on a chemical that sparked an explosion, Atlanta News First reported. As of 4:15pm, the fire was still ongoing.” question.
Why would a sprinkler using water be in an area that when activated causes an explosion. Probably something for their insurance to think about come payout time. Seems another type of fire suppressor would have made a better choice.
When I read that news brief the first thing that came to mind was the movie, The Mechanic., with Charles Bronson. Have you seen that one?
This looked to me like a perfect set-up for a deliberately caused fire. Arson.., with water.
Was this bio-lab about to undergo an inspection/investigation? ., or even possibly be raided by the feds ?
A very convenient accident.
Yeah – this is almost art in my life as a firehouse offspring world. Way off the coincidence scale
Probably calcium hypochlorite used in swimming pool or other water disinfection. I had experience with this twice in my industrial chemical consulting days.
One was a sprinkler malfunction onto an open 200 lb container stored in a garage with boxes, rags, gasoline, etc. Big fire, dangerous fumes, burned the garage down.
Second was smaller fire but a lesson for swimming pool owners who store this chemical inside. Guy had an open container of calcium hypochlorite in his garage and had scooped out some to take to his backyard pool. He had a water soaked rag in his vest pocket and didn’t see it fall out into the container. When he returned, he had a smouldering fire and tried to put out with water. WRONG.
A neighbour extinguished the fire with a fire extinguisher but the home owner was burned badly and suffered enough toxic fumes to send him to hospital.
Be careful with this chemical.
Correct
Calcium Hypochlorite (HTH Shock or regular Chlorine) is a strong oxidizer ( Oxidation is rusting which is just slow motion burning) which will start spontaneous combustion with just about any organic material.
Oil and gas of course are organic but so are rags (cotton, or oil based synthetic cloth) wood (charcoal), fertilizers (usually stored in the same place. In industrial setting they build separate buildings to separate oxidizers from organic materials.)
Look for a chemical safety material triangle printed on the drum or bag. If it has a picture of a flame, or a number 3-4 in the yellow side of the triangle, keep it away from organics that can become fuel.
50 years ago, I was in the Boy Scouts. We went to a campsite that had not been used for the winter. One of the scout masters had some Calcium Hypochlorite he was going to toss in the swimming pool and some biological starter for the outhouse. He got them mixed up and put the calcium hypochlorite in the latrine. When it hit the moist organic material in the pit, it caught on fire and burned the outhouse down. We always asked him what he ate for dinner the night before.
Exactly BIC. Also, this isn’t the first fire at the exact same location (calcium hypochlorite) and add to it that the company also had a fire in 2021 at a Lake Charles facility (trichlor).
Tnx, I just moved some to a safer place.
Insurance and building codes REQUIRED a fire suppression system … and “water” is the system installed by default when the building is build in virtually all instances.
Unless it was brought to the attention of the architechs ahead of time they wouldn’t have know that a water sensitive combustable was to be put in that area … and the contractor building the building wouldn’t know either, they just building the building to the architech and building code specs.
Insurance may have also had a requirement for a WET sprinkler system, and since the insurance underwritiers generally treat that part of the policy as just “boiler plate” they would most likely never pay attention to much else wrt the chemicals to be stored and that area having a wet sprinkler system
It would have been up to somebody in the company to catch the issue of what was to be stored in that wet sprinkled area … but alas usually the part of the company responsible for building the buildings is NOT aware of the operational dynamics of the production side. They are given the task of getting the building built to code, which they did.
American companies are run super lean anymore so the people who run the production side wouldn’t normally have the time to pay attention they construction dynamics of the building … and it is ONLY the production people who would have been aware of problem.
Over the years for my work I was in a LOT of industrial buildings, most fairly well run, and after almost every site visit as I sat down with the Plant Manager who was running the operations I would give him a list of OSHA and safety problems I saw on my walk through, which wasn’t my job, I was only there to evaluate the building from a value perspective.
Those plant manger people were NOT dumb people, they were super sharp, but they were so consumed with keeping the manufacturing operations going and efficient on a day to day bases they had no time to even consider anything else, that was up to the people who were sent out from Corporate.
If the people sent out from Corporate didn’t note it (and those are usually generalists with little to no understanding of chemistry), then the problem would generally never be noticed unless a total outsider would show up and see it and point it out.
When I did point something out the Plant Managers were all over it and it was corrected within a week virtually every time (btw I did once catch that sprinkler issue when I asked about the combustibility of the chemicals stored in an area when I did my sit down with the Plant Manager and noted the wet sprinkler system, to which he nearly shouted OMG!, he had never noticed it after being transferred in from another plant).
Pure bureaucratic work silo dynamics at work, which has gotten really bad as organizations run leaner and learner. Happens a lot with large organizations.
Knock knock
whos there?
clinical death
clinical who?
knock knock
whos there?
2 Hypersonic Houthi Missiles
2 hyper Houti missiles when?
Knock knock
whos there
rumor – as plane was landing frm USA/U address, at ben gurionairport.
Knock knoc
rumor from where?
out of Kutwait.
Knock knock
whos there?
Sourski Hosp
Sourski Hosp who?
clinicians.
* Imagine if/ when proved True..”Naziyahoo will no longer be able to terrorize the world” -BCN
Anderson Cooper of tv fame and cia toadie was paid millions [redacted]
ADMIN FLAG DOWN ON THE FIELD: Not responsive to the related post which refers to rumored medical treatments of a public figure. While Anderson is a public figure, the story and related claims doesn’t relate to content here directly. Sorry – being a hrd-ass has kept us from being sued into ‘blivion…
Remember trading in China will be closed for a week …..
ya i saw that too. so much is in motion. congress taking a month off. passing an amanedment to replace the entitre congresss by appointment.
china markets closed.
there is alot in motion. all before president election.
https://www.washingtonpost.com/politics/2024/09/19/congress-mass-casualty-event-plan/
preparing for a mass casualty event, to replace the entire congress by appointment not by citizen vote, a montb prior to a president election where one canditate got removed by the demictats and replaced by a non voted in candidate and the other candiate has had mutiple assasination atempts on his life.
God Bullets, Gold and Beans.
everyones metal will be tested soon.
to everyone here,
Good Luck and God Speed.
“Trump Goes Darker”
Citing the Werewolf Game Trump is on it.
Say Trump did get elected…. but he gets elected and won’t be pulling in the military to remove anyone. The rhetoric, “His hands are tied” ‘They don’t like me’ or something to that effect juxtapose with Biden and Kam are masterminds. People will eat it up.
Trump supported DeWine. DeWine is not requesting Fed-Bux to finance military operations to expel Haitians but instead to support the newcomers. Those Haitians aren’t going anywhere.
I think Trump’s angle has become merchandising. Ask on the Trump watch is $100,000. If he sells 1,000 worldwide which is a reasonable number that’s bank. Add that to the $1,000 signed bibles, NFTs… etcs.
Give Trump credit feeding the demand. That’s America. He’ll have more collectible merchandise at the mass market price points before the election. 200 years from now on Antiques Roadshow they’ll be oohing and ahhing over the silver medallion.
Here’s one. Recall while in office President Trump personally intervened on behalf of the American shoplifting basketball players in China.
Why limit violence day to shoplifters? Get price gougers and COVID injectors during violence day too. And everyone who gave orders and the folks who protect the order givers…
Watch Trump’s ‘One really violent day” speech: Crime ‘will end immediately’
https://www.youtube.com/watch?v=9f136NPYs4U
“PITA reality of too many cats.”
Cats love to breed. How many do you have now and are there cat trials in the yard?
Im volunteering to be Judge…and Jury, AND Shooting Squad !
Hell Ill even Donate my own dam Bullets..
1 .22 – 1 Cat
Color me Judge Catastrophic.
Give Me Back My Bullets – https://youtu.be/Xk83VHblPhE?si=W89oblRbziPmlGxv
Catch the males and take and get them fixed.
Then the females.
There are organizations that will pay most of the cost of fixing cats. Same for the kittens, when they are about 6 months take them all and get them fixed.
Cats are nice to have in the yard if they are not always making more cats.
Not out here…no catcvh and release neutering ops within 100 miles I’ve beenb able to find. Next county up has one, won’t work our county
trials/trails…. you know.
https://www.broadcastify.com/webPlayer/43107
Audio from a ham radio repeater on Mount Mitchell in NC. Moderately busy. Listening is open to all.
(The normal audio feed is down due to internet outages.
This is an alternate audio feed from W4HTP.)
For HF: 7.232 by day, 3.923 by night. Busy.
Situation in Western NC is horrible beyond words.
Listn to this for a little while, and you’ll know why a ham radio license is a very good thing to have.
73
KW1B
Great report – thank you
Did someone say..the only (2) Quartz mines suitable 4 Silicon wafer fabbing in da world are where ? pine bluff – western NC
rut row
145.190 (-) offset, no tone. For those within earshot.
73
K4YKI
That was/is great, thanks. Did you hear the time when the guy with diapers to distribute called in with his offer, net control took it then asked for his call? He said “I don’t have a call yet, just a number.” And net control without missing beat read out his phone number over the air for people who needed diapers.
George, not long ago you mentioned a deck stain that you’ve been using. What’s it called and how does it look?
Looks great (Elaine would like it less red) Penofin from Amazon.
Thank you, sir!
Have you had a chance to listen to the head of the dock workers – good lord, that guy is really pissed-off – he doesn’t want a contract – he wants absolute domination.
“The abolishment of all automated systems on the docks.” How are they going to move anything near the volume they have without some form of modern automation?
I am not sure what his plan is., but negotiating isn’t one of them.
Know a guy works in Wilmington port, night security. Checks trucks and containers in and out all night long. He said there are NO containers in Port right now – None, Empty.
This is weird report, as Wilmington is where tons of new Cars come into every week.
He is very worried that he is about to get a Layoff notice.
Some ting wong and does not pass smell test..
Would you accept a dollar not backed by oil???? Let’s Go Brandon.
The last time I went through an airport(a rare evemt. though flying after 75 is just a bit safer from TSA), I used my naked laptop for the duration of a very long layover using their WiFi. I never logged into anything, but just used the time to catch up on reading and watching videos on youtube and other sites. Cat videos too. I did check that it was the official site, and never gave any personal info. All they got was perhaps a motherboard serial #, a MAC address, and the time and location. When I got home, I reinstalled the OS for other reasons. That may be a bit extreme, but why not? It’s not Windows.
oh contraire mon ami, I did not question your trend lines.., I questioned your placement of the channels.
I use both, religiously, and am well aware of possible parallax [ wasn’t there a movie called – “Parallax ________?”]
Parallax View – Warren Beaty.., political thriller.
WW2 naval vintage mechanical analog Fire Control computers had parallax correction between the directors/radar and the different guns. Also had correction for magazine temperature, barrel wear, and the earth’s rotation during the projectile time of flight.
Just a bit of trivia from an old, former Fire Controlman.
Thanks for the synopsis on the VP “debate”. I have no doubt that it will be slanted, as always. That, and worthless, as usual. The term “moderator’s discretion” says it all.
I will be attending a meeting at the exact time of that “debate”. Like most of us, I have better things to do than watch a political slugfest between two boring men. If I had the time, I still prefer videos of cats or AI girls.
If there is ever a Presidential (or VP) debate in my lifetime, I will watch and listen. I don’t remember Kennedy / Nixon, but there damnsure haven’t been any since at least the ’60 Election.
A debate occurs when two people or sides are asked the same question, then slug it out with each other in an attempt to persuade a third party (the audience) that their answer is the correct or proper one.
What we have now amounts to dueling political advertisements, with “moderators” periodically horning-in to get national face-time. Participation by the third party (audience) is a waste of time.
Ray. It was a high English school teacher 68 years ago that taught me about debates. Because I always questioned everything she told me, she put me on the debate team. First time, I went one on one with another student.
When we finished our debate, she congratulated me, asked the student body to vote a winner and then she asked me to change chairs with the opposite debater. I was a bit stunned but I agreed. She then asked the same question and I had to debate the other side of the argument.
I never forgot that. It was a time when facts and persuasion won the debate and when statement of facts did not offend anyone. I never remember a teacher doing a fact check during the debate. I stayed on the debate team through high school and college and enjoyed it.
Today’s political debates are ugly biased personal slugfests and I have no interest in watching.
“It was surprising to the old newsman that this close to a dock strike, there was no mention of it looming or what impacts could be. Is this how the PTB lose focus?”
They dont lose focus George.
But this is how they want YOU to lose focus. Why I like to read all media sources and draw my own conclusions. Sometimes ommissions and distractions are exactly what’s needed for ” them” to get into all of the currently out of the money Puts that are out there before the rest of US catch on.
Sometimes ommission is the biggest confirmation of my thematics/design patterns on a go forward basis. Once its in the news or Crammer recommends it. Be very leary.
More dots connected.LOL.
https://www.youtube.com/watch?v=vhjNydyFLGA
Otherwise: Got Blockchain?
https://www.youtube.com/watch?v=By7kMmY9pjs
re: Helene storm coverage
Don’t know if they’ll do overflights of NC/TN but here is post-storm imagery of the damage in Florida:
https://oceanservice.noaa.gov/news/sep24/ngs-storm-imagery-helene.html
Really Really sad situation when your gub mint is run by the wokey agenda as priority over all else.
https://x.com/rachelbovard/status/1840562024515792946?ref_src=twsrc%5Etfw
https://www.zerohedge.com/political/biden-and-harris-called-out-over-botched-hurricane-response-trump-visits-victims
Was curious about the options service that you use….the link does not seem to be working.
George,
This is day 2 of a 10-11 day 4th decay fractal ending 10-11 October 2024 and part of a 5 August 2/4/4/3 week base decay fractal series or 8/16/16/2 of 10-11 day daily fractal series.
What caused the crash in 1929? Too much debt, too much over-investment and over-valuation and a market saturation and depletion of the population of potential equity buyers. 3 September 1929 was the then peak equity valuation and 27 Sept in 2024.
The same 1929 underlying reason for the peak valuation and crash of the asset-debt macroeconomic system exits at present in 2024.
The US eastern dock strike looks like a significant exacerbating true true and unrelated explanation for a crash. It will certainly be used politically espousing that America needs a strong man to curb the potential damage that longshoremen can do to America’s more dependent importing economy.
Maybe the strike will constitute an October presidential election surprise.
George,
From today’s ACWI 100-trillion + dollar-equity-ETF-proxy close (slightly negative but near the positive high of the day) a 3 phase 2/5/5 day (10 day) or a 4 phase 2/5/4/3 day (11 day) decay fractal series ending 10 or 11 October 2024 is reasonable.
(“War Checks
Ukraine is almost to the desperation phase which means: A Few Long-Range Strikes by Ukraine Could Shift Tide of War: “)
well from a photo of Biden all excited then the unofficial never happened reports that some members of congress were showing signs of concern and the talk that Ritter gave last night tied everything into focus..
https://kyivindependent.com/ukraine-war-latest-us-announces-new-military-aid-package-worth-almost-8-billion-for-ukraine/
the look on Biden’s face and the report that congress was scurrying had me wondering what exactly was said.. the facial expression is iconic..
then the whole thing came together when Scott Ritter mentioned that there was a back channels call to inform everyone that the Russian government is not bluffing..
so we didn’t sign off of deep strikes in russia..just like the Cuban missile crises.he thinks this could have been even closer.. he was only speculating from rumors he heard but it does make the puzzle complete…
I went out this morning took a nice deep breath.. enjoyed the cup of coffee a little more than normal..got out the pressure cooker and made a prime rib for dinner.. dam if learning that The greatest possibility that we were just a few minutes away from nothing existing didn’t make it all somehow taste better and smell better..
Its a Bird ? its a plane ?..sure as shit aint Superman – https://youtu.be/Nvsbk4P3NQ0?si=wRxSMSBGlLTvjwqw
Mother goose ? come in Mother goose…
We got not one now, but 2 inbound bogies, and one looks Green..the Goblin ?
Perseids in couple of days, Sun is perking up, 2 inbound bogies – Light show in coming days should be awesome.
Several levels to that last bit…
Never know whats about to go down, after you go about murdering one of Mohammads’ Decendants. Ought to be an interesting response (s).
Several reports coming out – Israel has sent multiple Special Forces Units into southern in Lebanon.
.
Does that not constitute a military invasion of another country? Maybe not by words., but by deeds – is this not a declaration of war ?
.
…, damn !
Headlines a while ago – U.S. buys 6 million barrels of oil for Strategic Reserves.
Since we use 21 million barrels a day – not quite sure that is going to help all that much.
.., but maybe they will keep buying…,
They probably finally figured out just how bad of a situation we are in.. We are F@#ked if what almost happened when Z visited comes about …IF …there happened to be any survivors left at all they wouldn’t be able to do a thing like every situation I have gone through you are on your own.. even if they were the only survivors.. they wouldn’t be able to do a thing.. there is a reason why we have strategic reserves.. How many was it again that the analysts that were hired to study the potential threats again.. four million .. now was that globally or just the USA..
As I have said before:
When the Strategic Petroleum Reserves was set up we were importing nearly 5 million barrels of oil a day (best recollection). The purpose of the Reserve was so we had a cushion from our import needs in case we were severely reduced in the amount of oil we could import. OH … and we were also so short of natural gas at that time that new Natural Gas hookups WERE BANNED.
Today we are NET EXPORTERS of oil.
Natural Gas, which can substitute for some oil, is also in a HUGE SURPLUS situation.
While we still import some oil, because of the blend of oil needed by several refineries that were built when we were big importers, those imports are NOT required today to keep the US in sufficient oil to keep our economy running (the refineries could be quickly reconfigured to ONLY USE OUR OIL – prob take about 3 months).
The dynamics of the US dependency on foreign oil has totally changed since the Stategic Patroleum Reserve was established. Still nice to have … but not an absolute critical need unlike when it was established.
“Rights grabbing goes out of style in Oz as people wake to the liberal agenda and wokism goes to the mat”
A rare slip but all is well in Oz – clear blue skies, sunshine, far from the madding crowds of the northern hemisphere.
Austria on the other hand…………………
Earthquake count on USGS site was down to 13 this morning (as low as I’ve seen the past 15 years), now an uptick to 16. Tectonic plates are locked up. Doesn’t mean anything is going to happen but the devastating Christchurch (NZ) EQ kicked off when the count was down at 22. Hopefully back to normal flexing and stretching soon enough.
“It was surprising to the old newsman that this close to a dock strike, there was no mention of it looming or what impacts could be. Is this how the PTB lose focus?”
No.
They didn’t lose focus. They can’t acknowledge the potential for a sucker punch to the economy right before the Election.
They will mention that it could affect a few hated big-box retailers. This will make the Young Democrats smile, because they’re far enough down the communist rabbit hole that they will think anything that socks it to the rich retailers is good (despite half the HD and 83% of Wal-Mart’s directorship being commie-wannabee Democrats.)
Just like they will talk about the hurry-cane damage, but they’ll talk in terms of dollar-losses while showing pix of what’s left of Tampa and Asheville, scarcely mentioning the mountain death toll, which may run to the tens of thousands. Between Alabama and West Virginia there’s between 4-7mln people stranded without food, shelter, or communications, who can only be gotten to by helicopter. Those people have been drinking flash-flood runoff and their own piss for several days now. That’s not a good recipe for healthy longevity…
(“Just like they will talk about the hurry-cane damage, but they’ll talk in terms of dollar-losses while showing pix of what’s left of Tampa and Asheville, scarcely mentioning the mountain death toll,”)
Exactly I haven’t heard from my mini me yet.. he manages a company that was in the Hurricane and going to school … hopefully he will call today..
The problem is.. they think in Numbers.. on a sheet of paper.. give me guns bullets and gold.. when they should be thinking of food water and shelter and community.. to pull together as a unit a colony or village.. not individual.. what is that old saying it takes a village to raise a child or something like that..
that is why the Amish will be one of the only religions to survive is there is a life changing event. Even if it is just a economical collapse. while everyone is thinking number on a piece of paper or personal salvation .. they are thinking the colony.. the LDS were so concerned about temple duties and expansion that they forgot the members and even though the moral and ethical platform is still good they moved away from what joseph smith had originally seen as the way.. they worked as a colony the first fifty years but slowly moved towards modernization and dispersed to modern business practices while keeping the same moral and ethical principles…. the temples are nice and good teaching of service and commitment do unto others… but they like the temples of the ancients will be lost the members will be sparse.. Thomas Monson gave a lecture at BYU and several articles that brought this up in a not so much in your face way of saying we needed to change people loved his messages but no one really got the jist of why he gave them….Leaving what they have accomplished to be rediscovered at some future date..
fyi: i dreampt this a couple nights ago and again last night. i heard those exaxt words and saw the same event. it looked like dubai the first time in my dream. the second time it looked like san francisco.
https://x.com/ore_train_11/status/1841082398458663061?t=CbvM7JFWFSv6W2y25fhLZQ&s=19
could have been just a dream. although. i have never had the same dream twice hearing the same thing,
“Release the Kraken”
My favorite Chinese restaurant, very small, for lunch closed down a few years back, old guy decided to retire, and on his walls he only had a few things. Some typical Chinese scene painting and a very large surrealistic painting /vitural photograph of the Golden Gate Bridge being overwashed by a HUGE WAVE breaking over it that was coming in from the Pacific.
Why would this old line Chinese guy, clearly American (probably from San Francisco originally) though much of his staff could only speak Chinese, have such a picture in the most prominant location in his entire small restaurant?
A personal vision that he had seen himself so he found a picture of it and decided to display it? I found it both disconcerting and fascinating at the same time.
In my many years of going to that restaurant most of the other decorations changed … but that picture of the Golden Gate Bridge being overwhelmed by a HUGE wave was never removed from being the most prominant wall item in his restaurant.
Amazing! I used AI to create the cover for my last book. It was exactly the same scene as you just described. You can see it at:
https://www.amazon.com/dp/B0DG8VM4V4
Your pic is interesting but his was photo realistic in that it reflected the true hills and development around the GG Bridge … a view as if a photograph from about 100′ of evelation above the Bay from the South shore, down around where the Presidio goes downhill into the Bay looking WNW about 1+ mile from the bridge and capturing both approaches to the bridge.
Wish I had taken a picture of it … but the image of his wall “decoration” is forever locked into my brain.