- Friday about 8 AM Central Time Except Holidays....many major
typos are fixed by 8:30 daily
September 12, 2009 07:55 AM CDT
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Saturday Morning at the
upon a time I had grand designs on sleeping in Saturday
mornings, but that was before the FDIC got into the habit of
posting the latest closed bank information either very, very
late Friday, or early Saturday morning. Not counting ATM's
and online banking operations, since the fall of IndyMac last
year, we have not seen 3,684 branches closed or
reorganized into other operations (mostly the latter) including
the 30 branches of the following which are going through reorg
fairness, we're in what passes for 'normal' in this French
Revolution of banking: So far this year we have only
seen 1,077 branched reorg'ed, but if we don't count the
800-pound gorilla that failed last year (Washington Mutual/2,239
branches) the numbers for last year wouldn't seem so bad,
Looking ahead to next week, market watching could turn back into
a nearly fulltime avocation since
insiders have reportedly been selling at a furious pace and
that usually translate to "strong hands' holdings are being
distributed to weaker hands - namely people still courageous (or
foolish) enough to trust 401 (k) stock holdings to keep their
retirement dreams alive.
that throwing a couple of bucks in the direction of new
technologies would be a bad thing, if your investment
horizon was on the order of 20-30 years. America's still
a great country and the largest consumer nation on the planet.
While that's likely to change over the next couple of years,
there may be the odd winner in high/new tech.
other hand, investors over 50 (of which we are two, Elaine
and me) might wish to be far more focused on maintenance of
purchasing power for those few dollars which made it through the
2000-2001 Tech Wreck. The chart no one on Wall Street is
holding up is the one which shows performance of a portfolio
that was comprised of equal parts Dow, S&P 500, and NASDAQ
Composite since 2000. (it's here).
As you'll see, it's nowhere near equality with 2000's purchasing
amount of dough and what it will buy these days might have been
augmented by the odd dividend or split along the way, but in
many cases the fund management fees which I'd insist on taking
into account if we're drilling down into the sludge, usually eat
those - and a lot more.
though I've read a fair bit about economic depressions in the
course of my study of the subject which dates back to my
news-chasing days in the early7 1970's, I haven't read it all.
But reading about human foibles in days past can be a pretty
good predictor of how humans will react in the present day as
well as the future.
Ben Bernanke's assessment of the Great Depression ( Essays on the Great Depression
read to me more like "Quest for the Magic Bullet" - in other
words, what were the formulas that worked during the first Great
Depression - a less formulaic starting point if you're new to
such research might be Charles Kindleberger's Manias, Panics, and Crashes: A History of Financial Crises (Wiley Investment Classics).
we've got a fair bit of rain going here in East Texas this
weekend, I've decided to settle in with about equal parts of
The Panic of 1907: Lessons Learned from the Market's Perfect Storm
by Robert Bruner and Sean Carr and
Pilot's Handbook of Aeronautical Knowledge: FAA-H-8083-25A (FAA Handbooks),
rereading of which I've assigned myself in order to get the most
out of my biennial flight review.
Speaking of books, my brother-in-law read the first few chapters
of my novel-in-progress, "Dimension Barrier" and pronounced "Too
many facts." What I'm aiming for is a middle ground
between Clive Cussler for just damn fine storytelling on the one
hand and Tom Clancy for accuracy of technology slinging.
Not that writing a novel takes much time when it's all done in a
lump, but like so much else in life it's the start-up, quit, and
restart sequencing that seems to be the most difficult.
Just too damn many hobbies.
that's what rattles around between my ears early on Saturday
morning when only the cats and I are up: I wonder "What
would the French Revolution have looked like if it had been
played with falling credit card limits instead of falling
guillotines? The effect is to kill people one way or the
other, just one is more subtle and the card killing process quite protracted.
intellectualized away attendance at stock car races, motorcycle
road races and even air shows with high aerobatic content
figuring that what brings people to such events is the
prospect of death. Nevertheless, here I am on Saturday
morning clicking on the FDIC web site. I'm sure there's a
difference, but putting into words seems difficult, especially
when I've got at least some clue as to the plight of homeless when the rains
come - and it's still a long ways till winter.
instead I'll try to encapsulate it as "Saturday morning at the
guillotine" and suggest that the current financial revolution is
likely to take even longer than the
10-years of the French Revolution so a few same-old
Saturdays can be expected along the way.
best leave it as a weekend ponder for you: sorting out which
is (or was) closer to the people: Washington over
the past 10-years or
be the guy with the "Vote 'Em All OUT" sticker...
Dow closed Friday at 9,605.41. On
September 11, 2001, the Dow closed at guess what? 9,605.51.
A lousy 1/10th of one point difference for 8-years of risk.
as I point out something like this, some reader somewhere will
shoot me an email demanding "Why don't you take dividends and
splits into account?"
answer, you ninny, is "If you let me count delisted stocks" and
oh, by the way, the dollar's purchasing power has dropped 20.45%
in the last eight years. Just so we keep apples to apples
Ure's Investment Tip of the Day: If a broker,
financial products salesman, or other bankster shill doesn't
show you inflation adjusted/purchasing power parity
performance data don't walk...RUN as fast as you can.
I can figure, eventually we get lots more inflation since
the Federal Deficit "hits $1.38T through August."
would pencil out to a $1.505 trillion deficit at the present run
rate by the time things wrap up on September 30th. And, if
we assume a gross domestic product of around $13-trillion, that
implies to my simple-minded way of looking at things a baked-in
inflation rate (or speed of purchasing power being watered down,
whichever you can cope with)
don't have to go up for there to be inflation. All
than needs to happen is that wages go down. See how this
works? Yet Keynesians, I'm sure would argue there's been
no inflation if prices don't go up. Gag me.
Semantics suck. Standard of living tanking is the issue
all labels and hyperbole aside.
Eventually, the people who provide our energy and all that
stuff from Asia are going to charge us higher prices since
the dollars won't buy as much. Which gets us to....
Although here in the Second Depression we don't have something
as all-encompassing as the
Smoot-Hawley Tariff Act, we are starting to see the game of
tit-for-tat ratchet up between the US and China.
case you haven't been paying attention, the Chinese decision
recently that they would not require state-owned companies to
honor certain financial products (derivatives) positions if they
believed there was fraud in how they were sold to the Chinese,
we now see the
US about to impose a tariff on tires from China.
China, 'natch, says this is "Protectionist!" Yeah,
presidential adviser says to expect high unemployment for years
to come sounds like someone speaking for an administration
that is not seriously interested in (or can't seem to
fathom the concept of) ONSHORING JOBS BACK TO THE US. Duh!
big tire plant in Tyler, Texas wasn't saved by this tire tariff
- a couple of three years late, but then don't start me down
sticker: Outsource Washington!
Whoever those people are there - who seem intent on spending us
into wealth - life doesn't work that way and the surest way to
create prosperity in America is to trash globalist pap and
rebuild America into a self sufficient powerhouse.
Globalism has never been any more or less than rich folks
playing labor rate differentials and pocketing the difference.
Plain as day. Ask anyone in Detroit, Ohio, or states that
used to be huge manufacturing centers.
"What Does He Have?"
-especially in the mainstream press, have gone to great lengths
to demonize, marginalize, and ridicule Robert Mugabe of
Zimbabwe. Yet this week,
held meetings with the EU for the first time in seven years.
why do you suppose that is? The way I figure it, the
Western resource depletion juggernaut is going to have to get
serious about resource-stripping of Africa.
shouldn't come as a shocker if you read the piece "Hillary
Clinton seeks to strengthen US imperialism's position in Africa"
last month. Nor should headlines like "AFRICOM
to the rescue" more currently.
what's the interest in Zimbabwe? I mean besides (from the
CIA World Fact Book): "coal, chromium ore, asbestos, gold,
nickel, copper, iron ore, vanadium, lithium, tin, platinum group
metals" and no environmental regulations and a nice
is on lithium - yeah, the stuff that makes new technology
We've already seen a heightened interest in Bolivia as a
resource-rich target for 'improved relations" (which someone
really cynical might read as resource-stripping).
point onshoring anything to America, just yet, is there?
Still too many outposts to build to secure longer-term resources
like a good supply of lithium.
Besides, even if we don't need all that lithium for batteries,
the nearly manic US population might sooner than later need
carbonate added to its water supplies.
glorious new line of development, huh? Why just imagine
progressing beyond democracy to where we won't even have to
vote, we'll be of such a single national mind and purpose...
too early for a beer?
report that the Census Bureau was severing ties with ACORN in
the 2010 Census counting comes as little surprise.
Bite your tongue if you're cobbling up "Washington" and "nuts"
jokes. We try to be serious around here at least now and
The Alien Healthcare Wiggle
sounds like a dance, doesn't it? Well,
the White House is busy offering clarification about how
much verification illegals will need before they get free
Gunshots on the Potomac? Run with it!
Even if the facts later show it was a routine training exercise
for the Coast Guard and gives the White House a chance to blame
the MSM for getting a bit carried away. Such are the
pressures to be firstest with the mostest in newsrooms. As
good ratings, so go raises over time.
Shoot The Moon
names target for water hunt at moon's south pole" reminds me
that there really are warlike aliens in space.
you Monday morning 'bout 8 AM.
Send comments to
The UrbanSurvival Mall:
Free Satellite TV:
Building an Information Platform
Not to be a stick in the mud, but as much as I like to watch
television as much as the next guy, I'm definitely in the came of
not wanting to pay for it. At various times, we've had the pay
TV services and it gets to be spendy - month after month and in
these uncertain times promising to pay even $50 for an assortment of
news and business channels mounts up. Over the usual 2-year
commitment, you're talking about as much as a couple of thousand bucks - and in
some cases equipment is on top of that. What's a guy to do?
One of the answers is "Free-to-air" television. No, you won't
find the assortment of stations and no, not much out there that is
HD, but that's what NetFlix is for - the occasional good/worthwhile
movie. This week's report (since it's a holiday weekend and
all) is something other than our normal 'grim' fare of economic
outlooks. A simple how-to which can save you a thousand
dollars a year and free up 2-hours a day. The grim stuff is in
the chart section.
More For Subscribers
My commodity broker JB Slear and I
have written a simple book to get you started on high density
hydroponics. It's an example of how someone with a little
creativity, access to a few 'dollar stores' and willing to try
out some new farming techniques can grow an amazing amount of
produce sin a very small space - like even an apartment balcony
(if it gets some sunlight). Sound interesting? It's
just $10 bucks here...
No, when you tell your browser to 'empty your cookies' of web
sites you've visited, it probably won't get them all. Why?
Because there is a whole class of 'browser-independent' cookies
that will gobble up space on your hard drive, but more important
is they will sneak out information about you without you
being aware of it. Ever week I get emails like
"Thanks again for the Maxa Tools recommendation, I never
knew how much additional garbage gets attached every time I
Test drive it free by downloading it. To upgrade to full
functionality will be $35 bucks. Is your privacy worth it?
Once you try it out, click the
upgrade button (!) on the upper right hand side for the $35
unlock to get it to remove even those nasty and highly intrusive
'non-browser specific' cookies. Bonus: You computer
may run faster. I've taken
37,970 cookies off my machine now.
It's just amazing.
Attn: Mac Drivers: MCM
does support the Safari Browser, but that does not mean it is
compatible with Mac OS. Maxa-Tools only support the Windows
world....so far. Given Jens and the other engineers
to be a thorn in the side of the Old World Order? Simply
and send a link to this site to everyone on your distro list...Nothing
more dangerous than sharp, clear-thinking upstarts who ask a lot
of questions, eh? Unless you believe WTC-7 fell over on
its own, of course....
"Live on $10,000" Updated
I've told you in the past
to order my ebook "How to Live on $10,000 a year or less..."
with the rationale that "We're all going to live it shortly, anyway."
Don't know as you have looked lately, but the unemployment rate
is up more than 3% since I wrote the first edition of that book
and underpasses have never been more homely. Worth
www.liveontenthousand.com or, click
this little whizzie...
It's an automatic
download. It's written in an information dense style: The whole
thing runs about 65 pages, but it gives you a vision of how to
not only live on the cheap, but also how
to migrate up the economic foodchain if you have a little hustle
Click here for the
index and details.
week's report is here. For
back issues of this site, click here. (Goes back to
September 11, 2009
PWPP: Eight Years On
is the morning of the eighth anniversary of the 9/11 events that
many of us would like to put out of our minds.
Yorkers will be gathering at 'ground zero' and the country
will go through some degree of grieving again, while the calls
for a renewed investigation will likely also be heard. We
don't need to recount all the unanswered questions, but a few
continue to echo. Most notable are the questions as to why
WTC-7 came down - even if you believe the 'jet fuel softened the
steel' stories at the other towers. Nor will we probe into
whether the Twin Towers could have ever economically been
because of the asbestos which was used in its construction.
What Thermite residue found in the wreckage? Why is the
one-time FEMA videographer hiding out in parts unknown in South
leave the debate about those questions to others. I'm
still hung-up on the coincidental timing of the attacks which
came just at the moment when the whole country was on the verge
of collapsing into the Second Depression. Following hard
on the heels of the massive decline in high tech stocks - the
Tech Wreck that wiped anyway from zero to 80% out of some folks'
retirement dreams, the financial shock of 9/11 accomplished a
financial 'miracle' for the country. Consider that it:
Bolstered the popularity of a sitting president who was not
adequately addressing the leftovers of the tech wreck.
Created an 'overnight industry' - "security" which in turn
spawned massive federal hiring programs; among these: TSA.
also provided for a couple of 'instant wars'. I
seriously doubt that the US would be involved in Iraq,
Afghanistan, or Pakistan to the degree we are now without
the driver of 9/11.
allowed for a brief closure of financial markets and the
institution of new controls of how people can move their
money about under the guise of 'anti-terror' screening.
But above all, it provided time for 'easy money' policies
that led to the Housing Bubble to kick in and that, in its
own time, pressed the nation's economy into high gear and
of a convenient occurrence from an economic standpoint this 9/11
even viewed from eight years on. Almost too convenient,
but I'm the first to admit being a distrusting curmudgeonly
cynic. As a nation we still haven't gotten the 'butt we
were gonna kick' in the Twin Towers' aftermath. Is Osama bin
Laden more than a PowerPoint demon?
would his capture deflate the sails that move us around the
'Stans & Sands?
think back on morning's anniversaries this and ask "What would today's
world be like without 9/11?" Would we be involved in
military adventures in 'the sand box'? Would we be
in Afghanistan if there were no poppies there? Maybe, but
not to this extent, I figure.
we have lost the auto industry and the banks much earlier on?
Almost certainly since the nation was on the doorstep of
the Second Depression when the first plane hit the WTC.
almost Orwellian sense, we have entered a time of 'permanent war
for permanent peace'. PWPP.
The need for
'peace-time' war-making was
first expressed in the Bush (I) administration with the first
Gulf War. It came within a 3½ years of the Berlin Wall
coming down (1987). Thanks to that as the son of a Bush,
we've managed to completely squander what should have been a
huge post-Cold War peace dividend many times over.
discus the point (war-making and option pricing theory- this
weekend in my Peoplenomics report). But the bottom line is
pretty simple: Ain't much money in peace. And when
options-pricing theory is applied, you can easily tell where we
go from here.
Written purportedly as a 'spoof' on "think-tanking" during the
Vietnam War era, Leonard C. Lewin's "Report From Iron Mountain
: On the Accessibility &
Desirability of Peace" outlined the economic risks this
"The first factor is that of size. The "world war industry,"
as one writer  has aptly called it, accounts for
approximately a tenth of the output of the world's total
economy. Although this figure is subject to fluctuation, the
causes of which are themselves subject to regional
variation, it tends to hold fairly steady. The United
States, as the world's richest nation, not only accounts for
the largest single share of this expense, currently upward
of $60 billion a year, but also "... has devoted a higher
proportion [emphasis added] of its gross national product to
its military establishment than any other major free world
nation. This was true even before our increased expenditures
in Southeast Asia."  Plans for economic conversion that
minimize the economic magnitude of the problem do so only by
rationalizing, however persuasively, the maintenance of a
substantial residual military budget under some euphemized
"This function is often viewed, oversimply, as a device for
the control of surpluses. One writer on the subject puts it
this way: "Why is war so wonderful? Because it creates
artificial demand ... the only kind of artificial demand,
moreover, that does not raise any political issues: war, and
only war, solves the problem of inventory."  The
reference here is to shooting war, but it applies equally to
the general war economy as well. "It is generally agreed,"
concludes, more cautiously, the report of a panel set up by
the U.S. Arms Control and Disarmament Agency, "that the
greatly expanded public sector since World War II, resulting
from heavy defense expenditures, has provided additional
protection against depressions, since this sector is not
responsive to contraction in the private sector and has
provided a sort of buffer or balance wheel in the economy."
The principal economic function
of war, in our view, is that it provides just such a
flywheel. It is not to be confused in function with the various forms of fiscal control, none of which directly
engages vast numbers of men and units of production. It is
not to be confused with massive government expenditures in
social welfare programs; once initiated, such programs
normally become integral parts of the general economy and
are no longer subject to arbitrary control.
The book also goes on to suggest the important political and
sociological impacts of war, but I expect the 'rally 'round the
President' seen in the wake of 9/11 and the coming together of
America into a 'can do' 'let's kick some butt' nation has been
effectively orchestrated to the desires of people behind the
scenes ever since.
We seem to have long ago forgotten that the only planes flying
over the US during the travel halt following 9/11 were Saudi.
The hijackers came from Saudi Arabia, also. Yet
that's not where we went to pick our wars since they have needed
oil. Instead, the not particularly al Qaida (or even
Wahhabi) friendly despot in Baghdad was the target,
conveniently left on the board from the first Gulf War.
Helped along by forged uranium documents which conveniently
appeared and congressional testimony that stretched the facts,
we're where we are today.
debate continues over "Iron Mountain" - was it really a
satire as argued, or was it a leaked document
slightly reworked from a semi-official study? We'll
never know, but some parts have the ring of truth.
what the aware observer can be looking for once we run out of
countries to occupy are the 'war substitutes' which the book
explores. The common element between all scenarios
discussed is that they would each compel regular humans
living in the USA to accept the rule (and taxes) of
central tenet of the book is that any society needs an
external or internal threat of sufficient magnitude to force
society to pay tribute/taxes and to 'pull together' as a unit
and thus be semi-pliable under the reins of political
of the book's sources of 'external threat' may seem a bit
exaggerated and improbable, such as an external enemy race of
'aliens' arriving. That'd certainly spur such social
cohesion. If you doubt it, go watch the movie "Independence
Day" again to see how that would work through. The
film contains all the 'workable elements' of an Iron
Mountain-type plan: Massive destruction of infrastructure,
population reduction, a fast-forwarding of technology to new
levels for the survivors, and the 'defeat' of an external enemy.
Here all this time you thought you enjoyed the film because it
included Will Smith and Vivica Fox. Maybe it's a truth
Another - and admittedly more readily achievable - alternative
would be the letting loose of a 'killer disease' which would do
for healthcare what terrorism did for the military. Under
this scenario, you'd some up with something that would destroy
existing institutions, reduce population, increase governmental
control over individuals, and move survivors along toward a
higher tech future.
Wonder where I've heard that kind of health scare being talked
Eyes & Minds
as we're on that topic, about
32.1 million people watched the latest round of "Health Care
Reform" on television last night. That better'n a 36%
drop from the president's previous address to a joint session of
offer too much television programming advice (although I know it
won't be taken, even if correct): In TV-Land, if you do
reruns with only subtle variations on plot using the same
actors, the ratings usually fall off over time. Guess last
night sort of proved that programming axiom.
Obama PR department might take a cue from
American Idol which is changing Paula Abdul for Ellen DeGeneres.
Can't speak for you, but watching either seems preferable to
watching Glenn Beck go after
the latest Obama czarist appointee, Cass Sunstein.
offense to Beck, but I hardly watch Obamavision anymore.
Too much song & dance. At least with Idol, there's an
orchestra...something C-SPAN and congress might consider
adding. Seems musical chairs in this administration really
deserves a little music, know what I mean?
times are tight, but even a small combo like
Lagasse uses can be cost effective at adding some audio
accents. Maybe we could
dig up Doc
Gibbs' agent's number for the folks inside the Beltway.
knows, they've got to find most of talking-head TV as boring as
the rest of us. If we were serious about having good
government in America, it would come with a Government Ratings
Bureau. They're not doing very good song and dance without
Cooking Up The Next War
that I've broached cooking things up this morning: The BBC
headline that "US
and Russia diverge over Iran" is certainly not shock to our
referential integrity, is it?
big story behind the scenes is that
Israel's Bejamin Netanyahu took a no-longer-secret quickie trip
to Moscow to announce his intention to flatten out their
nuclear project in Iran. We hear that was followed by much
yelling, gnashing of teeth on both sides and Netanyahu's quick
flight home where the
Israeli media is all worked up over being left out of the loop.
which leaves us with a couple of scenarios to ponder as we await
the release of next week's planned "Shape of Things To Come"
www.halfpasthuman.com. The difficulty in the
predictive linguistics work is trying to sort out whether we
have the economic crash around the 25th of October, then a week
of building to huge tension over Israel's plans to bomb Iran, OR
if the economy crashes about the same time as the bombing
raids, and then we go saw-tooth/building tension for a week or
so, as the world watches to see if Russia will 'go
glass-factory' on whoever bombs their nuke plant.
More in Cliff's report next week.
don't be taken by the shock & awe of it all when it shows up.
It's not like we haven't been holding up calendars and
screaming about "Big Changes here!" around the October 25th
That Netanyahu was selling attack plans in Moscow is all
over the place in Israeli media, although the US MainStreamMedia
(MSM) clearly doesn't get it. Well, gosh, like that's
new. Also see: "Dude,
Where's your Prime Minister?"
Modestly higher open coming. Today and Monday are
Robin Landry's peak of peaks days as the .382 retracement in
both time and price has been met. Could we go higher?
Sure. Will George play it? Nope. Have fun.
snip and save section ---
Glacial Speed of Truth
interesting email this morning from a friend in Israel - worth
sharing since it may be indicating something of a change in
regards to 9/11:
Greetings, George -
Hope you are well. I am doing
fine, thanks, after recovery from a sore throat - its going
I try to read a newspaper
regularly - well, at least scan the headlines. It's good to
stay in touch with events in the Land. It's important, too,
not to get too upset or carried away by the sometimes
seemingly negative news.
Our Friday newspapers are
usually fatter than their weekday versions, full of
supplements and advertisements (the weekend is Friday and
Saturday). My favorite Hebrew daily has a Friday supplement
that reviews the major stories of the week and focuses on
one or two other stories in more detail.
On paging through that
supplement today I found a story related to the events of 11
Sept eight years ago. The article is part one of what will
be at least a two-part series. It focuses on the attack on
the Pentagon, and poses 17 fairly penetrating questions, the
answers to which seem to cast significant doubt on the
accepted, official story.
No need to note that such
questions are not news to you, or to the many editors,
posters, and readers of the multiple websites that question
the accepted version of events and have been doing so for up
to eight years now.
What surprised me was that a
story of this type was carried by what could be described as
a staid, conservative, right-wing newspaper with high
editorial standards that is, if not always supportive of
government policy, is supportive of our democratic regime in
general. I don't think they would have published the story
if they thought it would upset important government
The article is not going to have
a resounding effect, but it's timing is curious,
interesting. I'm thinking it marks a slow shift in outlook,
but I'm not sure how to label it. It may be just a closing
"burp" of memory, as one might burp a plastic container of
food before sealing it and putting it in the deep freeze.
From what I can gather through
the lens of the Internet, doubters and dissidents in the
States are being encouraged to let go of the trauma and move
Next week's article will focus
on the attack at the WTC. It will probably cover ground
well-trodden by others. I'm interested to see what
conclusions they draw, if any.
to hear about the sore throat - glad it wasn't something more
serious. Yes, this is a fascinating change of tone to
note. Please keep up apprised of next week's report...
Anti-Gravity Gets Real
if you've got a 10,000 gallon tank of liquid nitrogen, 60-miles
of copper wire, some fiberglass insulation, and a kid who
dropped out of college engineering because the 'Class was too
slow for me..." have I got the article for you:
Levitated in Lab"
deadbeat kid is really so smart, challenge him to build one of
these gadgets, big enough for your and the spousal unit.
bet it would beat a waterbed, LOL.
Politically Correct Training
to hand it to the UrbanDictionary people - they come up with
some goodies. Minimum age of a girlfriend if you're a guy?
is their advise. (*My lawyer insists I add provided the
result is greater than 18 in most states. Which is
what he gets the big retainer for.)
Speaking of which, that reminds me of this from a series of
lawyer jokes that was making the rounds on Thursday:
ATTORNEY: Now doctor, isn't it true that when a person dies
in his sleep, he doesn't know about it until the next
WITNESS: Did you actually pass the bar exam?
ATTORNEY: So the date of conception (of the baby) was August
ATTORNEY: And what were you doing at that time?
WITNESS: Getting laid
such graceful use of language.
Speaking of Getting
Remember a couple of weeks back I mentioned all those outfits
down in the Gulf of Mexico that were busy capping off wells?
Seems there are reports starting to surface explaining "Why
$200 oil is just around the corner" - but then you knew that
was coming, right?
Screaming "Uncle!" Time
Wrestling season is almost here - the time when folks who file
quarterly tax estimates have to pony up. Having just sent
a check big enough to pay cash for a well-equipped Altima with
enough left over for dinner out in Paris, we're back to eating
beans again to save up for the next one.
calling TurboTax support to ask "Isn't there some way to
write off the education money I keep sending my kids?"
They seem to be getting smarter from their ongoing schooling,
but the National Bank of Dad hasn't hit the Fed bailout
threshold yet and IRS doesn't seem to want me to keep writing
them off in perpetuity...
Starving for Content
Guatemala declares 'state of calamity' in order to work on
food & hunger problems. So, if you needed to "find your
motivation" to go out and work on your fall garden this weekend,
there it is.
Thursday September 10, 2009
Hungry for Famine News?
been proven right in my latest silver flipping strategy, and
with mostly boring economic numbers due out, we can turn our
attention this morning to some rather frightening headlines that
probably won't hit the MSM [MainStreamMedia] for a day or two.
that in some of the longer term predictive linguistic values we
keep seeing references to food shortages/famine/death of
1-billion + in the next couple of years. From past
experience, the farther ahead of time something appears in
modelspace, the larger it turns out in real-time when it shows
up in the here & now. Which is why I found the BBC article
on the Irish Potato Famine and how a "Killer
gene cause potato famine" to be so interesting.
the rotten growing conditions for some crops up in the Northeast
this year, what if the mutation we should worry about isn't
flu but instead is something like a plant disease?
is not just an idle "Gee, what if...?" kind of question.
It's a damn serious one right now and if you don't plan
to be one of those 1.25-billion people due to die over
the next couple of years (mainly from starvation) then pay
attention to stories that aren't in the mainstream.
Here's one in the Southeast Farm Press: "Are
wheat varieties losing disease resistance?"
exactly an academic question, since you already know (or
should) that wheat rust (UGG-99) is slowly working
its way across the Eastern European steppes and recent research
is lowering the yellow rust ratings of certain kinds of wheat.
Not mainstream stuff:, but you'll find that story on the British
Famer's Weekly Interactive site under the headline "Top
varieties' yellow rust ratings crash."
sure, the shortage of honey bees hasn't killed us off - yet.
the die-off of ladybugs. Ditto the "British
Columbia bears during from salmon shortage."
it's not MainStream yet, but give it 9-months. Food's
going to become a big deal. A really, really, really BIG
deal. Meantime, back at the MSM...
Curiously, one of the things to decline in this morning's trade
figures is export of foods, feeds, and beverages, down $400
million this month. Exports of automotive vehicles, parts
and engines was up $1.3 billion. More? Sure, you
U.S. Census Bureau and the U.S. Bureau of Economic Analysis,
through the Department of Commerce, announced today that
total July exports of $127.6 billion and imports of $159.6
billion resulted in a goods and services deficit of $32.0
billion, up from $27.5 billion in June, revised. July
exports were $2.7 billon more than June exports of $124.9
billion. July imports were $7.2 billion more than June
imports of $152.4 billion.
July, the goods deficit increased $4.3 billion from June to
$42.7 billion, and the services surplus decreased $0.1
billion to $10.7 billion. Exports of goods increased $2.7
billion to $86.7 billion, and imports of goods increased
$7.0 billion to $129.4 billion. Exports of services
increased $0.1 billion to $40.9 billion, and imports of
services increased $0.2 billion to $30.2 billion.
July, the goods and services deficit decreased $32.9 billion
from July 2008. Exports were down $36.8 billion, or 22.4
percent, and imports were down $69.8 billion, or 30.4
Stock futures are pointing to a lower open.
Bye-bye high nigh? (Looked interesting as it fled my
fingers, but you may not have had enough coffee yet to enjoy it,
Despite the happy-slant
headlines, the nations foreclosure rate sucks and Treasury
says millions more are in the pipeline.
foreclosure near record, peak in late '10: report".
Worst is yet to come.
wonder where you might have heard that before?
Defending them Poppy Fields
chief warns against early Afghan exit." Of course he
would. He'd be out of a big important job if there weren't
wars being constantly whipped up. No, we need that
(barren, God-forsaken hunk of) land for something. Didn't
we learn something from Russia's ten-year disaster there?
WTF, no jobs here if it was over, anyway. Besides, doesn't
this slow China some how? Just sayin...
Last of the Terrorist Meme
from Cliff about the hijacking (old fashion terrorism) that
wraps up our window of September 7-9 nuttiness, which was
capped off by the Mexican jet hijacking on Wednesday drew
the observation "Aha! Distributed meme!"
sometimes predictive linguistics come as a single event
(like the NE
Power Outage hit a couple of years back, or the Sept. 3/4
earthquake with the buildings falling into foundations) while
other times it comes distributed as in the flurry of
disappearances and this flurry of terrorism-related headlines.
software-driven time libretto, the next interesting headline
should be a 'surprise' storm causing some relocation of people
and a Katrina-like outcome in the Florida/Carolinas kind of
area, but I just don't see it yet. Hopefully, we'll be
wrong and weather will be fine.
Sticks and Stones Department
headline that "Obama
heckled by GOD during speech: "You Lie" during his standup
before congress last night comes as no surprise. I
mean, what city were they in? And weren't they all
snip and save section ---
Government's Youth Corp
of 1930's Germany? "US
Girl Scouts prepare for war, pestilence" as the government
enlists Girl Scouts to combat hurricanes (am I the only one who
read Wizard of Oz about what happens with little girls and the
big winds?), pandemics, terror attacks, and other disasters.
don't get upset here, but there are a couple of different ways a
student of history could 'context' this. Put on your
thinking cap for a minute.
student of history might flip open to the Wikipedia entry about
the Hitler Youth (Hitler Jungen, or HJ) movement of the 1930's:
HJ was originally Munich-based only. In 1923, the
organization had a little over one thousand members. In
1925, when the Nazi Party had been refounded, the membership
grew to over 5,000. Five years later, national HJ membership
stood at 25,000. By the end of 1932 (a few weeks before the
Nazis came to power) it was at 107,956. At the end of 1933,
the HJ had 2,300,000 members. Much of these increases came
from the more or less forcible merger of other youth
organizations with the HJ. (The sizable Evangelische Jugend,
a Lutheran youth organisation of 600,000 members, was
integrated on February 18, 1934). As an example, in the
class of Hans J. Massaquoi, 100% of the Aryan pupils in
his class became Pimpf. However many of his classmates
joined because of their parents or teachers or to be like
everybody else. After several months many of the children
became inactive and almost all left after one or two years.
By December 1936, HJ membership
stood at just over five million. "
other hand, one could more positively look at the last
Depression and wonder if this might not evolve into a
feeder-program in the offing for a more benign mass social
program. Perhaps it could feed into a new/retooled
Civilian Conservation Corp 2.0 to deal with unemployment when
the second leg down becomes apparent over winter of this year.
CCC provided conservation work in every U.S. state including
the territories of Hawaii, Alaska, Puerto Rico and the
Virgin Islands. Types of work projects varied. There
were 300 possible types of project, comprising ten
director-approved general classifications: 1) Structural
Improvements: bridges, fire towers, service buildings; 2)
Transportation: truck trails, minor roads, foot trails and
airport landing fields; 3) Erosion Control: check dams,
terracing and vegatative covering; 4) Flood Control:
irrigation, drainage dams, ditching, channel work,
riprapping; 5) Forest Culture: planting trees and shrubs,
timber stand improvement, seed collection, nursery work; 6)
Forest Protection: fire prevention, fire presuppression,
fire fighting, insect and disease control; 7) Landscape and
Recreation: public camp and picnic ground development, lake
and pond site clearing and development; 8) Range: stock
driveways, elimination of predatory animals; 9) Wildlife:
stream improvement, stocking fish, food and cover planting;
10) Miscellaneous: emergency work, surveys, mosquito
control. A typical CCC enrollee was a U.S. citizen,
unmarried, unemployed male, 18–25 years of age. Each
enrollee volunteered, and upon passing a physical exam was
enrolled for a six month term with the option to serve as
much as two years. He lived in a work camp, received $30 a
month (with a compulsory allotment $22–25 sent to
dependents) as well as food, clothing and medical care.
During a six month period an enrollee gained an average of
.277 inches height and 7.23 pounds.
look at where vocational schools are training, the
corporatization of farming, and the ever-increasing use of
automation to produce basic goods, we can envision of country
where workers are in rapid decline, and the
professions are ascendant. To where instead of a
shopkeeper economy (where the baker sells bread to the
shoemaker, and so forth) we instead end up with a professional
shopkeeper society, where the dentist sells orthodontia to the
police, lawyers, and accountants while 'security' is the new
flexible demand employer. Same outcome, but it will at
least have a college degree in something-or-other and the ruling
klassen will still have something to rule.
strange way, I'm mourning the loss of the US financial products
industry. Oh, sure, China might not honor paper
derivatives they figure was sold dishonestly, and yeah, that
collapse of the derivatives market is gathering steam even now,
but keeping the kids busy could be important. It'll give
us grownups time to go stand in breadlines, to get our shots, to
get our coupons.
vision of the future, huh?
think it's fine for Girl Scouts to be involved in their
community - just as it's fine for Boy Scouts to be involved in
community. And I think it's by golly Jim Dandy fine that
Homeland Security does 'training' for ministers and pastors lest
free thinking break out in pandemic-like fashion.
I'm wonder is "Where does all this lead?" "Are we on some
kind of path here?" "Does anyone have a plan to reindustrialize
America, or are we gonna be calling India for tech support
questions I won't ask: "Was that purple finger paint made
in the USA?" And I'll keep my question about whether we're
lining up to be Gog or Magog to myself and
refer you to other web sites to study of that one.
may not know who Marc Widdowson is, but he's got a blog -
with occasional postings on "History & Society" where there
are occasional snips about DAT - Dark Age Theory. This is
something that sort of evolved from the site "The
Coming Dark Age" which hasn't been active lately, but
which is still worth some head time.
of the titles on Widdowson's site are intriguing by themselves.
Example: "Issue du jour 1: War with Iran--important to
containing China but delayed over two years" and "Issue du jour
2: The world economy--unbalanced, interwoven, delusional--some
predict its unraveling."
www.firstmonday.org site (another one of my favorites) The
Coming Dark Age, Jay Hanson's
www.dieoff.org and [killer_ape-peak_oil] distro list, there
are sites on the web that do a much better job of contexting
current affairs than the MSM.
the government is cozying up to the Girl Scouts means
something - but just what, I'm not clear on. But stay
tuned...I've got this queasy kind of feeling that we're gonna
find out all too soon.
the Dog Poet has discovered "The
9/11 Fish Head Flu Pandemic."
Steel and DNA
think we're onto something big (or is that small?) with my
discovery that 'shrinking steel' and 'shrinking aluminum' is
involved in the manufacture of small aircraft like Cessna 150's
and certain kinds of imported sports cars. Here is
another reader who has encountered the same phenomena:
"I've too, noticed this phenomenon, and really wish some
Government money would get spent researching it. I haven't
been in a 150 since the mid 80s (I soloed in a 152), and did
most of my flying in my 20s in my Piper Traumahawk, my pride
and joy until it was stolen (long, but interesting story
that ended in death and the aircraft now living in Illinois
- although insurance made me whole on the deal).
The "shrinkage" I've noticed, is
automotive. Now that I have money, I would love to replace
the 1980 MGB that I had in college (parents supplied car),
but anytime I get the bug and go look at one, I'm confounded
by my inability to comfortably sit in the damn thing, let
alone hop in and out like the 20 year old I was as a Junior
at Arizona State University.
Clearly, over time, the steel
used in these aircraft and automobiles shrinks considerably.
I'd really like a chemical explanation for that."
can figure it, this 'shrinking metal phenomena' is highly
DNA-selective; maybe that's what the
memory alloys (SMA's) were that were 'purportedly' recovered
the Roswell UFO crash in 1947 were all about.
remember reading how the 'memory metal' from that crash site
supposedly had hieroglyphics on them that we undecipherable?
What I've pieced together is that those glyphs actutual
contained a warning that read something like this:
"Warning: Special Shape Memory Metal
This is DNA-sensitized metal that will reaction with human
DNA and either shrink or expand, depending on the user's
that some DNA's don't react with this class of alloys.
Elaine, for example, doesn't seem to have much trouble getting
in and out of small cars or flying sardine cans. Her DNA
includes some northern European and a touch of Cherokee.
"Memory fabrics" also react favorably to her - she's still got
some clothes from high school that fit and that was some
(classified) number of decades back.
must be special - that's all I can come up with. Not only
does metal shrink in my presence, but in feats that would be the
envy of Eastern Mystics, you know, the guys who 'materialize
rose petals' out of air? That's nothing. I
can materialized 5-10 pounds by simply repeating the word
"Cheese Danish" three dozen times. (Just writing
I'm working on now is tracking back to the source of expanding
ink. Not the stuff that is used for writing paychecks
- or more often nowadays unemployment checks. No, I'm
talking about the ink used for deductions and holdbacks.
That's the magic stuff. Keeps getting bigger. It's
also used for printing up property tax forms, dental bills
(especially for crowns), and I've caught the whiff of it at
Wal-Mart, Brookshire's, and Kroger's checkout stands. I
think the factory rep for the stuff has been through town.
Contrary to what Homeland Security and the Centers for Disease
Control might try to convince you with the fear-mongering
headlines, the real gravest threat facing America comes
from this shrinking metal and expanding ink phenomena.
It's been in place several years - which is how we go to where
we are today. I'm sure of it.
Already we've got suspects, too. For example, there's a
ring of four pitchers for double-A ball club San Antonio that
combined for a no-hitter baseball game. We were tipped off
by the headline "Missions
Pitchers Throw Zeroes". We want to know where they got
all those zeros. Maybe it's not the PowersThatBe we should
be looking for. Maybe it's the PrintersThatBe.
Wednesday September 9, 2009
The Recovery Lie
people are willing to swallow - hook, line & sinker - the notion
that there's some kind of an economic recovery underway.
However, the latest figures out in the Federal Reserve's
consumer debt report (a/k/a/
Consumer Credit G.19) shows that the amount of debt being
created had started to collapse again in July.
Why We're So Screwed
Consumer Credit: G.19 Federal Reserve Data 9/8/2009
Annual Rate of Change TOTAL Credit
Annual Rate of Change REVOLVING Credit
Annual Rate of Change NON-REVOLVING Credit
New Car Loan Interest Rate
Loan to Value %
couple of things may drift to mind of even unaware people upon a
quick glance at these numbers. But the major one is pretty
darned simple: America has been a consumer driven
economy. What's this? Consumer credit is
dropping at a pretty good clip, says this Fed report.
me ask you the Big Ugly question: "If the consumer isn't
driving, who is?"
upon seeing numbers like this I regret not making a better
career choice earlier in life: I should have been selling
highly specialized inks...you know what I'm saying?
"Moody's says U.K., Spain to retain top credit ratings."
says "No one wants to be the first to comment on the emperor's
new clothes. You seen Spain's unemployment rate? Who in
their right mind would retain "top credit ratings" for
a country like Spain with 17.9% unemployment? Whatzzup
Bloomberg story contained this comforting reassurance:
"The global economy is emerging from the worst recession
since the 1930s, supporting governments’ decisions to
increase debt levels to finance spending."
Then how come I read on the Forbes site last night "The
maybe not yet - just need to stave off them Moody's blues.
the G.19 Fed report hasn't sunk in yet. What's the olde
Depression Era saying? Oh yes. "Good times are just
ahead!" (But keep a roll of Charmin handy just in case.)
of hitting the fan here shortly, help me wheel out the white
board, will yah?
[Market] Geometry Class
OK, I confess! I sold a couple of silver commodity call
options at exactly the peak in the silver market yesterday.
Why? Too much hype about gold going through $1,000 for my
tastes - and with it, silver gaining. Just to be clear,
however, I didn't sell any physical, just paper
because there was easy money (the paper & ink kind) was for the
Quite often I've noticed (and so has my
commodity guy JB) that
triple witching brings odd surprises and with triple witch next
week, I'm willing to wait for a nice 'beat down' in the metals
before reentering option positions on the long side.
(*This is NOT trading advice...just my lunatic compulsive
options gambling streak that has evidenced itself elsewhere in
my life in the form of women, fast cars, fine rum, sailboats,
and airplanes. The rest, I waste.)
OK, on to Robin Landry's latest bit of research for his
colleagues in the professional investment world. You know, the
dozen or so guys who did see this coming.
"While I was reviewing the
charts over the holiday weekend I found something of
interest that could be meaningful. While many technicians
have been talking about a .382 retracement of the Dow and
S&P over the last few weeks, I have heard nothing about the
time it takes to reach that retracement
period. The Intraday high of both the Dow and the S&P
occurred on 10/11/07 (according to my Charts). The Dow had
an intraday high of 14198.10 and the S&P intraday high was
1576.09. The intraday low for both occurred on 3/06/09. The
intraday low for the Dow was 6469.95 and the intraday low
for the S&P was 666.79. The decline in the Dow from the
intraday high to the intraday low was a total of 7728.15
pts. The decline in the S&P from the intraday high to the
intraday low was 909.30 points. A .382 retracement of these
declines results in the following targets for the Dow at
9422.10 and for the S&P 1014.14. Both of these indices
reached slightly higher prices than the .382 retracement on
Friday 8/28/09. As of this writing both have not exceeded
Now for the interesting part.
The High on the Dow and S&P occurred on 10/11/07 on an
intraday basis. On a closing basis it was 10/09/07.
Measuring from the high on those dates to the low on 3/06/09
and then looking forward to a 1.382 time period from the
high to the low results in the following dates. From the
closing high we get
9/11/09 and the intraday high we get
will be interesting to see what happens on those dates. I
believe it could be the high for this rally off the
3/06/09 low. We will know in just a few days.
Think that's cheery? Then try this...
Currency Crash Possible
not a sourpuss, just a realist:
Nouriel Roubini: A currency crash is possible.
I'd like to be back into the silver options before - not
after. But I'll take out with dough over losing my shorts
(profits) any day.
Armed & Dangerous
FBI stats on background checks for the Year to Date into the
National Crime Information Center's computer background check
Since I got up early this morning and have the calculator warmed
up, I'd note projecting out an annual run rate for this year
would put 2009 NCIC checks up in the range of 13,614,000, which
is an increase of only 1/10th of one percent compared with last
year. Pencils out to about one gun per family over the
past 11 1/2 years.
Know what's really strange? Gun background checks
dropped almost half a million the year after 9/11. Go
figure. Some for both sides of gun rights in this one, I
Those Terrorism Linguistics
While there was a fair amount of terrorism gnashing about around
the 'hot date' September 7/8, this note to the HPH crew from
India had escaped my notice until this morning:
I am a fan of your work, and I
keep up with your interviews that are posted to YouTube.
In once of the recent interviews
(maybe the one on September 1), you predicted a
terrorism-related event in northern India, to occur sometime
around September 07-09 (if I remember correctly).
today is September 08, and true enough, the headlines right
now are that there has been a major "bomb scare" in New
Delhi, the capital of India, and located in the northern
region of the country.
I am very familiar with Delhi (I
lived there for 20 years). All the four locations where
bombs were found are *very* crowded locations, and had
powerful bombs gone off in these places, the death toll
could easily have been 200-300, with more than a thousand
So, yes, this was a major
terrorist attack, and even though it was foiled, it is big
news because it had the potential to cause huge damage. (I
believe that the next time there is a major terrorist attack
in India, chances are high that it will snowball into an
You were right about the major
earthquake last week too, which turned out to be the one in
Indonesia. I understand the next immediate event you expect
is a surprise hurricane on USA's west coast. Going by your
track record, I think it will turn out that you were right
about that, too.
Thank you for all your work, and
I wish you all the best for the future!
More when the next Shape Of Things to Come is out next
week. But that 'surprise hurricane' is for the east
coast, not west if my recall is any good.
Also worth reading:
"Is another 9/11 set to unfold?" Discomforting
thoughts there - along with this latest from 'The Dog Poet'
all be Rewarded when the Sh*t hits the Fan."
Landry's market markers/possible turn dates coming, the
linguistics, the eight-years after 9/11 and references to
American Hiroshima. Nope, I don't like it one damn bit.
Won't fly till next week.
Linguistics have been pointing at a 'surprise hurricane' from
September 13-15 in the Southeast/. With any luck it will
be nothing more than a processing artifact, and Tropical Storm
Fred is not likely to be 'it' because 'it' is probably too far
away to show up next week. But a reader cautions...
"On the Intellicast Atlantic Satellite map you cannot see
this, but the link I gave you it is clearly visible tonight.
North of the Dominica Republic -
nice circular motion, with a clear center already visible.
Might not turn into
anything..... but...... I'll keep watching.
So will we...
Don't have an account set up for direct deposit? Don't
want a debit card in lieu of a paycheck? Might not want to
Wal-Mart - they're doing away with physical paychecks...
An uncomfortable numbers of companies are doing away with
paychecks lately, come to think of it...
--- snip and save section ---
A UFO Report Critic
We continue (when real work doesn't intrude) trying to sort out
the UFO stories coming out of China. What has come through
in some translations as a sighting from
Plum (Purple) Mountain of 40 minutes of HD video of something
located near the sun, is also being reported as Chinese
scientists planning to stody 40-minutes of high quality
sightings in their country.
As luck would have it, a Prague reader of ours who was in China
for the eclipse (I call him a Praguematist) says in so
many words - the craft between the earth and sun report just
doesn't hold up:
You know that 1--I do astronomy
and did fly until your nation sheared off my wings, so to
speak. 2--I was one of the few (comparatively speaking: 33
million Chongqingese is few when we talk about China) who
observed the complete solar eclipse of 22/7/2009. Let it be
said that I have yet to be unable to identify anything I
have seen in the sky.
Most people on the track of this
eclipse got clouded out. Some were lucky to see the end of
totality as the atmosphere cooled. Few had a relatively
clear view of the eclipse from the ground. I was one of the
Here at this link is a movie of the lunar shadow tracking
across China. Let me spell it out for you: (slow
loading - G)
Chongqing was my location, 29 N
106E. The 120E meridian is the line that touches the west
coast of Taiwan, meridians marked every 10 degrees . Nanjing
is at 32 N 118 E. It is outside the totality zone and it was
mostly cloudy. A check of Weather Underground reports
overcast skies from Nanjing between 9 and 10 AM that day.
I hate to tell you this, but we
had our eyes on the sky all morning. By "We", I refer to 27
of my fellow astronomers with Eclipse City who took Plan B
and got out of Shanghai, about two hundred or so local
people in the nice new park overlooking the city centre, and
three municipal police officers. No one reported anything
out of the ordinary except, of course, the first total solar
eclipse to be available from this location since 1824.
There were NO reports of
anything except stories of cloud-outs and the occasional
success in the following day's newspapers or on such sites
as Daniel Fischer's Cosmic Mirror.
George, I will not jump your
case about poor grammar and spelling. I am not your teacher
and I understand that you have to run your Type A act. But
there is no excuse for lousy, American quality research.
Nanjing was socked in all day, period.
I do not discount any
possibilities, and that includes consciousness in more than
four dimensions and extraterrestrial consciousness packets
and/or life forms. However, reporting a 500 mile wide UFO,
that is, something about 22.5% the size of the moon seen
from an astronomical observatory that was under clouds just
damages your credibility.
Early translations aside, there's still this little matter of
40-minutes of relatively HD video of UFO's in China top be
Say, you don't suppose that since China now holds most of the
world by the financial nuts, pardon that, the interdimensional
interlopers have decided China would be where contact
will happen, do you?
Guess we blew our chance in Washington D.C. back in 1952, huh?.
Sadly, if they're looking for intelligent life on earth, 'spect
you know the answer to that one?
Psst! Want to Buy And
Here's your chance to pick up goodies from
a couple of Delphi steering manufacturing plants in Alabama.
Just the auction to hit (bring a trailer) if you've been
thinking about knocking out NASCAR frames in your garage,
don'tcha think? Why, you could built custom rack & pinion
steering racks with all this fine high end equipment. Name
your new chassis outfit Rack & Roll, for me, would you?
Or, with the option composite body onboard, how about "Racked &
But seriously: Why hasn't some Southern stock car frame
shop been named Wholly Rollers?
On this week's Peoplenomics article on how to set up and use
free-to-air television as part of your communications back-up
plan a reader offers this:
"A very good article on FTA...
But I wanted to ask you is there anything such as "Internet
Over CB"? Or "Internet Over Shortwave"? TPTB can shut down
all forms of communication (Internet, Satellite, Cellular,
etc.), but CB and such are truly "free", both from cost AND
from control (aside from possible jamming techniques).
Just a thought..."
And a darned good one. The easiest format you're looking
for is probably
BPSK-31 - or simply PSK31 for short. Commonly used ham
radio mode - just like internet chat. Except, of course,
there's no internet involved. About 50-60 words per minute
fast enough for you?
To receive PSK31, you need an HF radio with a BFO (better:
product detector for CW/SSB signals) and an interface between
your HF radio and computer. I use the
Tigertronics SignaLink USB interface which you can get many
places including DX Engineering's web site. About $110
by the time you get shipping and a radio cable. Oh - the
mini-CD that comes with the Tigertronics product also has
programs so you can move around slow-scan TV pictures - again,
no internet needed.
Around The Ranch:
For the first time in nearly a decade I strapped on a little
Cessna 150 Tuesday morning just after writing my column and
started the biennial flight review process to get current in
little airplanes again. Over the course of an hour, which
included flying over Uretopia Ranch (which is damn near
invisible in the trees, even from just 1,000 Ft. AGL - not even
worth trying to shoot pictures of it), a couple of high bank
360's, a couple of departure stalls, and four survivable but
rusty landings, I got back in touch with one of life's simple
pleasures, although it's not one of the cheapest.
Cessna 150's have shrunk a fair bit since I last spent much time
in them in the mid 1970's. According to my logbook, I had
four landings in early 2000 in a C-172 and had gotten current
then. Must be a disease that periodically flares up, this
idea of escaping earthly bounds.
C-150's and its beefier brother the
faster sink-rate Aerobat were once easy,
jump-in-and-fly machines. Nowadays, however, it takes
several minutes to get in and looks like an exercise show;
me propped up on the left gear strut step with the left leg and
trying to remember how to stuff both legs into a sardine can.
Was this why I had transitioned to the much larger
C-172's a couple of decades back?
My instructor, a very patient retired 767 driver, volunteered to
vouch for my flying to Elaine any time, but I'm not too worried
about that for a month or three since flying in East Texas even
in this part of September is something best done before 10 AM,
at least flying a sardine can which feels like it's been over a
Unlike rotten weather flying in the Pacific Northwest, which had
its fair share of perils such as mountains and military control
areas, East Texas has a different problem:
everything looks the same. It's all the same...mile
after mile of nondescript trees and fields. From my
earlier flying and sailing days, I dredged up what I could
remember about dead reckoning.
Airport isn't presactly flush with navigation aids, although
the north-south runway is long enough (5,005') for even a
returning middle aged person able to find it, or at least so's
you'd think. Once about 15-miles north of the airport
though, it all sort of disappeared into the hazy late summer
morning even from down low at 2,000 feet.
I'd studied the sectional chart and found a old low frequency
ADF (automatic direction finding) beacon on 375 kHz right at the
field, but it didn't do any good since this particular trainer
didn't have an ADF receiver in it. The ex-767 drive/ CFMEI
in the right seat wasn't the least bit concerned, having
good familiarity with the
measuring equipment] off a radio beacon we could hear.
Still, it got me to thinking about the idea of buying a small
automotive moving map for my cross-country flying refresher.
Seems that's be a lot more cost effective than either buying a
new airplane with a current IFR certification, but dual VOR's,
one with glidescope, a moving maps GPS (with WAAS) and an ADF
that would point to the field would sure be nice.
"Head over that way - toward that clear spot and what looks like
a water tower down that way," he advised with a gesture to the
southwest. Sure enough, a few minutes later, the field was
right where it should be. Didn't seem to have moved too much.
I'm trying to schedule a return match for next week, but before
that happens I've got three items on my shopping list: the cheap
GPS, several dozen simulator approaches so I don't over-correct
on flare out - the sardine can is lighter than a C-172 - and
yoga lessons so I can get in and out of the thing. Funny,
seems like my sports car has been shrinking in the past year,
too. Or, at least the doors are.
One other thing I noticed: the 930 doesn't take nearly the
work as the flying sardine can to hold altitude within 50'.
Tuesday September 8, 2009
Thousand Dollar Gold Returns
Yee of little faith....it was just six months ago that Elaine
was asking me "You know that gold coin of ours? Shouldn't
we, ah, sell it?" Like the doggedly serious
long-term investor I am, I calmly announced to her that I was
not wrong in predicting the rest of the world would sooner, or
later, come to value gold much higher, but it would probably
take some time. "Just be patient dear, I know what I'm
doing..." Everyone was else was wrong.
To be sure, there was some logic to what she said - and there
may even be some reason t consider selling gold over $1,030 to
$1,050 - and expect that one more good-sized pullback to the
$ 700 range is possible before gold heads over $2,000 an
ounce and maybe three to five times that on a spike down the
road. But even with a pullback to such levels, I sure
wouldn't want to be out of owning this one lone coin of ours.
It'd be too easy to get 'caught out'.
An article in the Wall Street Journal online under the headline
gains spell trouble for Seasonal Buyers" is worth a read.
The accession of gold over $1,000 underscores that despite much
of the Fed fear about a return to deflation economics that
devastated the country in the 1930's, the Fed's plan - which is
trying to inject just enough inflation to offset deflation in
case no one had explained it to you - seems to be working OK if
you overlook a few monetary sins like having the Fed print up
dough in order to buy our own bonds and such. It's that
kind of sleight of hand that causes inflation at the monetary
level and makes it appear that inflation is coming back, at
least insofar as necessary goods are concerned.
I noted in a column this weekend that what America needs is a
50% bout of inflation anyway, so gold going to $2,000 (or
higher) would be a sure sign of its arrival. To which a
serious-minded reader asks:
You advocate a 50% dollar
For starters, that doesn't
translate into wages. Wages will stay static while prices
will increase. You yourself admit foreign goods would nearly
double in price. You claim this is good for American
manufacturing, but you fail to recognize we manufacture very
little. In the meantime, while factories are supposedly
gearing up, people are destitute because they can't afford
anything anymore. They will be forced to liquidate their
investments and savings (if they have any) just to eat and
stay warm and still be able to drive to work. (I noticed you
conveniently left out the cost of oil in all this) And once
that happens, where is the capital to build these factories,
much less sustain the ones we already have, supposed to come
from? It's all being sucked even faster over seas because
our dollars now buy less.
Then there is the issue of
collapse of government financing as a result. This would
further remove all social welfare payments leaving retirees
who depend on Social Security and Medicaid in the dust -
literally. Farming funds would dry up preventing crops from
being planted. We live in a socialist country George. You
were born into one as was I. Inflation is ALWAYS a bad thing
no matter what. It will always end badly.
And this is just the tip of the
Seriously, you are a lunatic or
at least very uniformed about basic economics if you
honestly think an immediate 50% inflation is desirable."
OK, from the top, here's how it shapes up:
Maybe my use of the word "advocate" was a little strong.
Maybe it should be "bound for that particular corner of
hell' (with that kind of inflation) would have laid it out
better. A good linguistic catch.
Yes, a 50% devaluation of the dollar (internationally) would
cause the price (domestically) of foreign-made goods to
That America doesn't presently make much is
more or less true. But, until our present flood of
cheap goods from China, India, and elsewhere is stemmed,
there will be no fundamental incentive to MAKE goods
here. When it is cheaper to make a product here
(shoes, for example) then we will get economic growth since
demand for things like shoes is relatively constant.
I agree that people will be forced to liquidate their some
of their [cash/paper] savings to make ends meet, but look:
That's happening anyway. In a true depression
(look around you!) what happens is debt is destroyed along
You're also right about the price of oil, but before you go
bad-rapping that, remember that for America to return to
something even approaching a balanced economy (e.g.
self-sufficiency and a balance between imports and exports,
and a balanced national budget) a doubling of energy costs
creates a financial incentive to use mass transit, build
ultra-efficient cars, and lots of other resource efficient
The issue of capital formation is a difficult one, too.
But, let's look back at the model of the previous
Depression. In that one, government partnered on a
bushels of projects, from small to large; everything from
the Works Progress Administration to the Civilian
Conservation Corp. Oh, did I mention rearming for
World War II?
Your supposition that this Great Coming to Terms would
collapse government financing ignores the inconvenient fact
that government financing has already collapsed -
it's just that it hasn't pushed back upstream to the
consumer level yet. Ports are dying, layoffs are
continuing, and the number of homeless continues to mount.
Where have you been?
The plans are already well advanced to screw Social Security
recipients (not to mention retired military), so with or
without inflation, that's baked in the cake. Remember
that it was runaway inflation during the Weimar days of
Germany that actually unbound Germany's economy so that it
could be turned around by the guys who lost WW II.
Inflation is always a matter of choice.
Of course we list in a socialist country! Of course
it's been that way since we came along, and yes, the root of
it all is crooked money & usury except instead of
kicking money-changers out of the temple, Washington DC
seems to embrace them, but don't get me started on the
invisible revolution or the invisible coup that
was carried off by financial interests. It's been a
slow-motion revolution since credit card rates, once subject
to 12% (and even lower) interest rate ceilings were adjudged
'illegal' and now we get to pay 35% and up, thanks to a
Supreme Court decision in the 1960's.
Let me tune this up my position a bit: I am not
advocating a 50% inflation. I'm just saying that a 50%
inflation is the natural outcome of government spending gone
wild, dreams of bankers that allow them to create money out of
thin air through a circular money-printing regimen like the
Government spends, Treasurys bonds, Fed creates, which is so
strikingly similar to check-kiting that it's not even funny.
What I'm saying - and I want to be extraordinarily clear about
it is: That's where I think we're going. And
if you doubt it for a minute, just watch the price of gold and
see how the dollar does vis-à-vis other currencies around the
world over the next few years.
Not that the market won't go up now and then -
like today, for example.
An AP article "New
frugality is the new normal, by necessity" gets right to the
heart of things when it says "shop til you drop" stopped...
Not willing to call it a full-on Depression yet, the AP story
nevertheless calls it the Great Recession. Close enough
for home use.
An AFP story asks "Did
Bernanke save US from another Great Depression?"
Ask me when the real unemployment rate is back down to single
digits. It's nearly 17% now.
Even Switzerland has become more competitive than the US.
Singapore and Sweden are hot on our tail. And
with the UN pushing for a dollar replacement, in your
wildest dreams, where does that lead?
Oh....on your "Are you a lunatic?" question, can I
pull a Spiro Agnew and enter a plea of
Congress is back in session. What's the old saying?
Neither a man, his home, or his business is safe when Congress
is in session? Financial reforms being stalled, so goes
Not Exactly Famine Yet,
There is a global tea shortage developing as the "Tea
Shortage to Widen 10% as India, Kenya Droughts Hurt Crops."
Wake up and smell the famine coming...or switch to coffee.
Venezuela's Got Gas
And since it's theirs not ours,
they've done a deal to send 20,000 barrels a day to Iran.
Why? Simple enough: In the big international game of
cat and mouse (Iran playing the mouse) the US/Israel/West would
like to have Iran turn off those centrifuges which could be
making weapons grade uranium or plutonium. The West is
hinting at sanctions and so if trade gets restricted, Iran is
shopping 'free agents' to see what they can get - and in this
case, it's Venezuelan gas.
a new 'tropical depression forms in eastern Atlantic" could
be the linguistic reference to a surprising hurricane around the
13-15th. Or, could just be hurricane headlines around
then...time will tell.
This the "Terrorism Event"?
Linguistics, being funny little critters that they are, have a
very hard time telling the difference between an actual
event and an event in the public mind. Down at the
archetype level, this distinction is really hard to piece out of
wall-to-wall news coverage about the conviction of three
would-be bombers may fill the linguistic hole we'd been
expecting. Or not. Time will tell.
Suicide blast kills three at an Afghan airport.
President Obama's message to school kicks has drawn a fair
amount of ire from the right. Still,
messages like 'wash your hands' and 'study hard' don't seem
to me very likely to turn America into a land of Bolsheviks or
bring down Constitutional law.
The Unanswered Questions
The BBC reports that Russia has spoken up on that recent missing
ship episode: "Arctic
Sea Iran arms link denied" says their headline.
Meantime, Russia Today is reporting that the port official who
blew the whistle on all this has fled to Thailand fearing for is
Whence Came Flu
Our resident cartoonista, Rebecca Price, has been reading up
about the WHO permitting the use of "mock-up" flu in order to be
ready for 'fast-track approval' of new flu vaccines. But
wait! Aren't those mock-ups made with real virus?
And, if someone gets them, aren't they communicable? The
mind boggles at the implications of the 'wrong answer' to
obvious questions like these.
Speaking Syringe Stabbings
China has sent 'harmony makers' to the troubled province
where stabbing people with syringes has gone viral. OK, a
bad joke and not especially funny, but this is a two-Monday
week, you know...
Wearing the Pants
The recent "Sudan
trouser ruling violates international law: U/N."
If I was an alien visiting earth, I'd find such trivialities
hysterically funny. Ever notice on Star Trek how everyone
wears about the same thing? Speaking of
--- snip and save section ---
The Day the World Slept Still
I mentioned in yesterday's report that there's
been a sighting and 40 minutes of high definition video of a
monster-sized UFO between the earth and the Sun during the
recent eclipse and the Chinese are all over this trying to
figure out WTF it is.
This morning I got this email from a reader that (if case you're
not aware of this particular quatrain from Nostradamus) you
ought to read really, really carefully:
During a solar eclipse
The Monster will first be seen
High price left unguarded
None shall have prepared
Considering the countless comet
And you are the only legitimate
site talking about this major event I have found...Thank
Quite welcome...The story is starting to be picked up elsewhere,
like this one:
"Chinese say UFO flimed for 40 minutes during Eclipse" but
none in the West are mentioning the 500-miles size of
this thing that is in the Chinese language clips that have been
coming in from the
www.halfpasthuman.com spidering for the next edition of
"Shape of Things To Come" due out around the 15th, or so.
But if you look, the story is starting to 'get MSM legs' -
it's even in the UK Telegraph now.
I've many times mentioned First Monday's fine review of things
academic in nature and this month's issue has a particularly
good article under the title "Reinventing
academic publishing online. Part II: A socio-technical vision.".
Part 1 of the series - which deals with
the limitations of feudal academic knowledge exchange and
predicted its decline as cross-disciplinary research expands,
- is one of those "Uh huh...seems obvious..." kind of things
that needs widespread adoption.
Around the Ranch:
This morning's report will be posted a little earlier than usual
because I'm off to the airport to work on my biennial flight
review. Dusted off the old logbook and even took one of
the AOPA online refresher coursers as part of their WINGS
program. My try to get a few snaps along the way and maybe
even some 2-meter ham use between 9 and 10 AM...
MAKS 2009 air show is going on outside Moscow where some of
those fancy new Su-34s and MIG-29's will be put through their
paces. Nice toys if you're a government, but a little
Cessna 150 gets much better mileage.
Monday September 7, 2009
A Huge UFO Story
Thanks to the predictive linguistics spiders, we've been getting
some reports out of China that during the recent eclipse, the
Chinese at what translates as the "Plum Mountain Observatory"
got about 40-minutes of high definition video of a huge UFO near
the sun. It also translates as the 'Purple Mountain'
How big is huge, you're wondering? Try about 500-miles
across. Yep, that'd be a big damn UFO for sure.
So far, the story isn't getting too much traction in the West
except that the
UK's Daily Mail has spotted it too, along with some UFO pictures
of closer to earth craft. And if nothing else, this
puts China one big step closer on the path to full disclosure
about what is - and what isn't - known about UFO's and their
Biggest fear on Wall Street? These guys won't be
interested in our 'financial products. Gee, yah think?
Emergency Procedures Check
We begin this week's report with several notes of a 'just in
case sort' because whether the 'net is threatened by terrorism
or the flu, it's time like a good pilot to go over our
'emergency procedures' around here. Besides, what better
time than a sleepy holiday morning for a preparedness drill, eh?
First things first: If you are not able to get to the
page, remember that you may be able to get through using our
address or even the
If you can't hit any of these, the daily reports are available
via the mirror site I maintain at
www.independencejournal.com which also has
Current subscribers to Peoplenomics should be on the lookout for
email directly from me and the www2.peoplenomics.com address
should be active by tomorrow.
The main reason for these addresses is that when a web site is
blocked (for whatever reason) there's still a chance the www2.
prefix will work where a 'plain'; www. won't.
What's To Worry About? Funny that you'd ask...
Several universities around the country have come down with mass
outbreaks of the (look afraid here) 'swine flu'.
Meantime, the net continues to swirl with allegations that this
flu is not just accidental. One site, for example,
a purported 5-year old IBM (France) PowerPoint that explained
how this flu would occur.
At least equally curious is the role of the
World Health Organization which encouraged the use of so-called
'mock-vaccines'. The general idea was that by allowing
drug companies to do 'mock-up's of live vaccines, the pharma
outfits would be able to raise enough green monkeys, dog, or old
coffee grounds - whatever it is they brew this stuff up in) in
order to have enough vaccine when the biggie outbreak occurs.
the WHO document itself says here:
"Specific regulatory procedures have been devised to
expedite the approval of pandemic vaccines. In the USA, for
example, fewer data are required when the manufacturer
already has a licensed influenza vaccine and intends to use
the same manufacturing process for its pandemic vaccine.
In the European Union, the
European Medicines Agency uses a rolling review procedure
whereby manufacturers can submit sets of data for regulatory
review as they become available, without having to wait
until all data can be submitted together in a single formal
Also in Europe, some
manufacturers have conducted advance studies using a
so-called “mock-up” vaccine. Mock-up vaccines contain an
active ingredient for an influenza virus that has not
circulated recently in human populations and thus mimics the
novelty of a pandemic virus. Such advance studies can
greatly expedite regulatory approval."
Uh...yeah...sure. As one headline noted 8in the past few
pandemic vaccines bypass genuine safety testing, turning
population into guinea pigs."
Meantime, the case for flying my own plane is being made as "Airlines
ratchet up prevention to target swine flu."
Apparently, such niceties as pillows and blankets are being
stowed in favor of handy wipes. If I'm not gong to be able
to snooze comfortably, I figure I might as well be watching
flight instruments. Besides, no waiting in those miserably
Critical as I have been of excessive general aviation, if a two
place plane can get mileage better than most cars, what the
Terrorism Worries Tick Up
As one could expect, increased fears of terrorism are floating
around this weekend, since the president is planning an
education speech tomorrow, the 8-year 'Venus cycle' has
astrologers looking at harmonics off 9/11/2009, and the
anniversary of 9/11 is just a few days ahead.
North Carolina comes a report that an accused terrorism ring
participant is 'on the run', so that bears watching.
Even more worrisome, though, is the report that
a top terrorism suspect who has been 'under control' (house
arrest) since 2006, has been freed apparently because the
British government didn't want to have to reveal the means by
which evidence was gathered on this fellow.
Even without the predictive linguistics noting this in elevated
';immediacy values' in advance of the next "Shape of Things to
Come" report due out next week, the British case is noteworthy
because is places the conflict between rights to a speedy trial
in stark contrast to the need to prevent explosions and such.
Perhaps nowhere is this conflicting set of interests more clear
case where an American suspect is planning to sue former US
Attorney General John Ashcroft over illegal arrest.
That Ashcroft was acting in the wake of 9/11 was not deemed an
acceptable reason to abuse prosecutorial powers, ruled the 9th
May not be over yet, however. The government side has the
right to a full Circuit Court review and failing that 9or going
directly) the case could end up in the Supreme Court.
Yes, the United States still has a no fly list although the
other side of that is the 'registered traveler program'.
If you ever miss a flight, or are denied boarding for reasons
that aren't legit,
you can visit the one-stop traveler's redress page that TSA has
Or, you can start walking.
One more oddity: "Obama
may need sense of crisis to revive health care overhaul"
says a headline. Just one more reason I worry about
terrorism this week - it would just 'fit' with so many things.
Called the 'green jobs' czar for the Obama administration, Van
Jones has resigned. The republicons made a huge stink
over Jones' reported signing of a 2004 petition to further
investigate events of 9/11 - and given the reports/allegations/
and papers alleging Thermite residue being found in the building
more photo analysis.
Green jobs is an important area for the Obama administration -
and I doubt that the republicons know how precious little time
there is till famine happens and the global economy collapses.
Seems to me there's a time for debating and such,; but then
comes the time to get down to work and try to get ahead of some
serious problems America has and that includes the need to
onshore jobs (the opposite of off-shoring to India and China) to
build energy self sufficiency, and ensure agricultural
Sadly, if you find yourself hungry and walking in the next
couple of years, you'll be able to thank both parties for
putting power-tripping ahead of eating and grass-roots economic
recovery. Which brings me to...
Replaying The Great
Nobel Laureate James Buchanan has endorsed a new study by UK
free-market think tank the Institute for Economic Affairs that
argues the Obama administration is making the same mistakes that
were made in dealing with Depression #1. A key paragraph
from the report:
particular, the authors, economists Charles Rowley of
George Mason University and Nathanael Smith of the Locke
Institute, claim that the White House's plans to pour
hundreds of billions of dollars of cash into the economy
will undermine it in the long run. They say that by
employing deficit spending and increased state intervention
President Obama will ultimately hamper the long-term growth
potential of the US economy and may risk delaying full
economic recovery by several years. "
I hate to be the bearer of bad news here, but as I see it, the
day of the 'strong dollar policy' is gone. What would go
the largest distance toward economic recovery in America would
be a nice bout of dollar devaluation. Yup, that's right,
inflation. Here's why:
A 50% inflation managed as quickly as possible would
increase the minimum wage to north of $10/hour.
A 50% inflation would mean people would still have equity in
A 50% inflation would effective double the price of
foreign-made goods and bring jobs back to America.
Oh, and it would cause much lower consumption levels of
energy since its costs, too, would be going up.
Then put some dough into things like solar panel manufacturing,
a mandatory refit of every home in America to bring insulation
up to snuff - there's no end of real work to be done. Even
a movement pushing a few federal bucks in the direction of
local -sustainable -agriculture would be nice.
Fortunately, no one will listen to my suggestions; they'll just
come out that way in the end, so rather than embrace the
concepts now, we're going to go squabbling and arguing down that
path anyway. Gold will soar, energy will soar, food will
become dear or scarce, and the average person will ask "Gee,
how'd that happen?" Which is why average people are
just that: average.
Down in northern South America's US supporting oil patch, I
notice that "Chavez
minister vows more Venezuela radio closings." His own
private, clear channel, huh?
The Weak Ahead
Truth & Consequences time tomorrow over at the
(not-really-federal or we'd be able to audit it) Federal
Reserve. That's when the bankster cabal tells us their
take on Consumer Credit. Although some economists view
this as an 'also-ran' some folks whose views I respect think
this is the biggie/grand pappy of 'em all since it's not
consumer credit that gets reported: It's consumer debt.
The more debt we get into, the more in hock to bankers we are,
the better the economy is bound to do since living beyond our
means is the only way the economy can 'grow' in nominal terms.
If you're starting to sense the absurdity of that,
congratulations. You could be an economist. sorry
about the first part of the lesson where the first half of your
401(k) got wiped out, but bankers can't get the omelet without
breaking a few eggs. Yours.
China has already made its first big move away from US dollars -
planning to buy $50-billion worth of bonds from the IMF.
Almost predictably, as our Second Depression unfolds here, the
calls for punitive tariffs against China are showing up.
Take the Buffalo News Op-Ed piece "Obama
needs to punish China with import taxes."
Shades of the Smoot Hawley Tariff Act, huh? And you
wonder why I am pessimistic.
--- snip and save section ---
Hurricane Sept 13-15
Predictive linguistics has its limits, as does any fledgling
science, but the odds seem to be increasing that our predict
major/sudden storm could hit the Southeast (Florida to Carolinas
seems likely) around the 13th. And what's this?
loop - I haven't seen this source before - had to go looking
because the intellicast site is offline! This is, uh, 8 days
away from the U.S. Coast? Already told my kids that if a
storm forms around the 13th to get the heck out of Florida!
The only reason I keep harping on this is that the language
surrounding this continues very hot with displacement of humans/
"Diaspora" related language. If I were a FEMA worker in
the Southeast I'd be getting lots of rest between now and this
time next week, if the predictive lingo comes in.
Indo Quake Follow-up
Our former Houston Bureau Chief, Bernard, writes this morning
"The latest reports say over 200,000 structures damaged or
destroyed. The death toll should head well north of 100. One
small city in the mountains south of Jakarta, Cianjur, got
walloped with a landslide that buried an entire
Since the mountain house is between Bogor and Cianjur, I
took the weekend and went up there to inspect the scene. You
had mentioned pancaked houses, and indeed I saw dozens where
the roof fell flat in and the walls folded over on top. A
perfect description of pancaked. I tried to view the scene
of the landslide, but there were many military personnel,
along with search and rescue, so I didn't push too far. I
could see the section of the cliff that gave loose, and it
is an impressive sight. The Jakarta Post says that over
300,000 people are displaced at this time.
Sorry the reports are so slow, but outside Jakarta, it is
hard to get full reports quickly, especially since it is
Ramadan. But, this report should finalize the impact if not
completely counting the details. Pretty serious. Inside
Jakarta, most of the damage was shattered windows on
buildings and people trampled in stampedes. South of the
mountains, the damage was far more significant. The small
island just north of the epicenter is virtually destroyed,
though reports are slow to get out from there.
All in all, I'd say the bots have their target now.
Something I keep forgetting to mention:
The night before the quake,. we
had a wild thunder n lightning storm. It's still early for
Rain Season and the timing could be completely coincidental.
One other thing, some time back, you had a discussion about
ear ringing before earthquakes. Not only were my ear ringing
rather more than normal, there was a strange popping
sensation that seemed to originate from my hindbrain the
hour or so before.
There were also reports of the
animals at Taman Safari (about 30 km from Cianjur) going
nuts beginning about 15 minutes before the quake.
Just a note...I happen to know
many Taiwanese here who are quite jaded about earthquakes.
My students were in class when it hit and the teachers
continued class despite the shaking. They only left the
building after authorities wanted to check the structure.
There was no time off given. After the building was cleared,
the students returned to finish the last 5 minutes of class.
I chalk that one up to "no wonder the Asians are kicking our
OK, nuff said unless something
interesting comes to light.
Note from the Editor In Chief (Zeus the Cat):
"Wait! Where my pictures of the buildings falling into
their foundations? Predictive linguistics say we should
have some of that kind of visual....go out and push a building
over and send us the snaps pronto!"
Danged uppity cat.
It's Labor Day Because...
One of our goats gave birth last night. Right weekend, eh?
Or is my sense of humor labored...whatever!
I'm going to head back to the rack and saw a few more zzz's.
See you tomorrow morning.
Once upon a time, a long while ago, I observed during my quest for
'truth' in economics, that the PowersThatBe, the talking heads on
the teeve, and the other information sources that actively engage in
the programming of humans not to think, had conveniently swept
several trillions of dollars that disappeared in the Internet
Bubble's bursting (since spring 2000) under the rug. Surely,
it wasn't unnoticed by the thousands of people who called brokers
and said "Where is my money?" "Gone, but hang in there as
you're a long term investor!" was about all they heard back.
So one of our
charts for Peoplenomics subscribers oughta be widely circulated - it
shows that if you line up the peak of the Dow in January 2000 with
the peak in early September of 1929, we're on a very very close
replay track. Much closer than even the chart shows if you
were to back out inflation, and put in the effects of 1929
deflation, but that'd be real work, and I'm sort of lazy if the
truth be told.