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Friday, December 31, 2010
On A New Year
"An optimist stays up until midnight to see the new year in. A pessimist stays up to make sure the old year leaves." - Bill Vaughan
"New Year's Day: Now is the accepted time to make your regular annual good resolutions. Next week you can begin paving hell with them as usual." - Mark Twain
"Good resolutions are simply checks that men draw on a bank where they have no account." - Oscar Wilde
"Many years ago I resolved never to bother with New Year's resolutions, and I've stuck with it ever since." - Dave Beard
“The object of a new year is not that we should have a new year. It is that we should have a new soul” - G. K. Chesterton
BigDog
Allegedly a military robot in development and I have posted this before.
I guess they are not planning to use it for secretive missions. Sheesh, this thing is nosier than a field of bee hives miked through a rock concert PA. You could hear the thing coming at you from the next county over.
I guess they are not planning to use it for secretive missions. Sheesh, this thing is nosier than a field of bee hives miked through a rock concert PA. You could hear the thing coming at you from the next county over.
Pareidolia
I am all for it. All religious appearances are fine with me. I don't care what food, what house shingle, potato chip, anything, I like it all.
Live Science: Virgin Mary Makes Trio of Holiday Appearances
Live Science: Virgin Mary Makes Trio of Holiday Appearances
This phenomenon, called pareidolia, is well known in psychology, and it is the cause of many supposedly mysterious and miraculous events (including the famous "Jesus in the Tortilla").
Chomsky On Wikileaks
In my opinion Chomsky is one of the most brilliant political thinkers of this time. When Noam speaks, I listen. He is going to give you a raw truth and his research and knowledge are about as vast as vast gets.
ABC Melbourne: Few American friends for Wikileaks
ABC Melbourne: Few American friends for Wikileaks
The left-wing academic says he has spent a lot of time a lot of time reading declassified documents and that secrecy is usually aimed at 'protecting the government against their own population'.
'I think the burden of proof is always on the power systems that want to keep their citizens in the dark'.
"What's at stake is whether citizens of a country have a right to know what their government is doing..."
"The internet certainly offers many opportunities for disseminating information," says Prof Chomsky, "but if the press was doing its job most of these things would be known."
The Market On Friday
Good morning and Happy New Year's Eve. It is a cool and clear day here in Upstate NY. We made it through another year!
At 8:30 a.m. futures are descending, the dollar is down across the board, and oil is down.
Who can explain it?
Not I, I have no idea why we are into a triple negative trifecta of indicators. Hopefully evenness will prevail and the indexes will end at worst sideways as we wrap it up for 2010.
All in all, and if you are into equities, it was a pretty good year. You made some gains, take a deep breath and enjoy.
CNN: Stocks set for a dull finish to roller coaster year
At 8:30 a.m. futures are descending, the dollar is down across the board, and oil is down.
Who can explain it?
Not I, I have no idea why we are into a triple negative trifecta of indicators. Hopefully evenness will prevail and the indexes will end at worst sideways as we wrap it up for 2010.
All in all, and if you are into equities, it was a pretty good year. You made some gains, take a deep breath and enjoy.
CNN: Stocks set for a dull finish to roller coaster year
...many investors have sealed their books and are celebrating another solid year for the stock market.
Oil for February delivery slipped 14 cents to $89.70 a barrel.
Thursday, December 30, 2010
Ideas
Check out the page then go to the link for turbine free wind power. It is stunning.
NYT: The 10th Annual Year Of Ideas
NYT: The 10th Annual Year Of Ideas
'Love & Rage'
From Fandango -
A drama of romantic obsession turned violent, Love and Rage was inspired by a true story and partially filmed in the home where the actual events occurred. James Lynchahaun (Daniel Craig) works at the estate of Agnes MacDonnell (Greta Scacchi), a wealthy woman who considers her privacy important but shows flashes of a high-spirited nature among those she trusts...
Right Of Right
These guys make Nixon look like a communist.
Raw Story: Tea party group: Homeland Security ‘a liberal hate group’
Raw Story: Tea party group: Homeland Security ‘a liberal hate group’
K2 - Spice
I am so out of the loop. I didn't even know there was synthetic marijuana and now I am reading that its getting banned in state after state throughout the country.
From Wikipedia:
From Wikipedia:
A large and complex variety of synthetic cannabinoids, most often cannabicyclohexanol, JWH-018, JWH-073, or HU-210, are used in an attempt to avoid the laws which make cannabis illegal, making synthetic cannabis a designer drug.Seattlepi: State bans synthetic marijuana
Often called "K2" or "Spice," synthetic marijuana is a mix of common herbs sprayed with chemicals that mimic the high of pot. It is often sold as incense with a disclaimer that is it "not for human consumption." But users smoke it the same way they do cannabis.
TPMtv - O'Donnell: Biden And Soros And Disgruntled Workers, Oh My!
You know, we don't wish litigation on anyone, its a real drag.
As much as I am not a fan of O'Donnell, I hope she skates clean on the investigation into an allegation of improper use of campaign funds. On the other hand, if the investigation starts getting dirty and dirtier, well...that would be most interesting.
As much as I am not a fan of O'Donnell, I hope she skates clean on the investigation into an allegation of improper use of campaign funds. On the other hand, if the investigation starts getting dirty and dirtier, well...that would be most interesting.
The Decade Of The Robot
According to California thinktank The Institute for the Future, we are entering the decade of the robot.
But there will never be another you...
Guardian UK: Dawn of the age of the robot
But there will never be another you...
Guardian UK: Dawn of the age of the robot
The US military is backing the development of a four legged mechanical pack-carrying robot, called the BigDogs. Guided by its own sensors BigDog can navigate treacherous terrain carrying 150kg on its back.
The University of South Carolina has developed a system called Contour Crafting that allows machines to construct buildings in layers guided by computers. The system can reduce construction times and costs by 75%, according to USC.
Google is working on cars that drive themselves.
Happy Sad
Think of your partner, turns out your mood really affects their mood.
Stay plucky you ingrate...
Live Science: Couples Grow Old, Happy and Sad Together
Stay plucky you ingrate...
Live Science: Couples Grow Old, Happy and Sad Together
Optimism For 2011
We are well aware that employment and the lack thereof remains a huge thorn in the economic recovery process. For many of us, the recession persists. Also, we are reading that our homes continues to lose value. In my area the market is saturated, and prices seem to be slightly stable. I spoke with someone just last night who told me they got an offer for their house that was significantly lower than the expected value of the house. People are accepting less money in order to sell. It is a buyers market.
Its important that we not only read the articles that expect lots of doom and give us warnings but also the slightly optimistic articles as well.
This CNN article is surprisingly bullish in sentiment citing four key aspects of the ordinary economy that are positive.
CNN: Four reasons for optimism in the 2011 economy
Its important that we not only read the articles that expect lots of doom and give us warnings but also the slightly optimistic articles as well.
This CNN article is surprisingly bullish in sentiment citing four key aspects of the ordinary economy that are positive.
CNN: Four reasons for optimism in the 2011 economy
...a rise in the average workweek might suggest that sustained job growth is in the horizon.
...business investment in capital equipment rebounded in November.
Real money supply – the amount of money in circulation measured in traveler's checks, savings deposits, currency, money market accounts and the like – has increased...
...stock prices have surged.
The Market On Thursday
Good morning. It is a clear and crisp day here in Upstate NY. The sun is out and it is quite bright. During my morning walk the moon and starts were out and it was spectacular. If you can get out around 5:30 a.m. do it.
At 8:30 a.m. futures are slightly lower, the dollar is mixed, and oil is slightly down.
I just read that the first time unemployment filers number is 388,000. That is actually good. Below 400,000 is considered a more normal number. So this will be seen as positive news indeed.
CNN: Stocks set for a flat open
At 8:30 a.m. futures are slightly lower, the dollar is mixed, and oil is slightly down.
I just read that the first time unemployment filers number is 388,000. That is actually good. Below 400,000 is considered a more normal number. So this will be seen as positive news indeed.
CNN: Stocks set for a flat open
The Department of Labor releases its weekly report on jobless claims before the open.
After the start of trading, the National Association of Realtors is expected to report that pending home sales slipped 3% in November, after jumping 10.4% in October.
Oil for February delivery slipped 8 cents to $91.04 a barrel.
Wednesday, December 29, 2010
'Grey Gardens'
Mother and daughter Big and Little Edie Beale, high-society dropouts and reclusive cousins of Jackie O., thrive together amid the decay and disorder of their ramshackle East Hampton mansion.From Wikipedia:
Grey Gardens is a 1975 documentary film by Albert and David Maysles, with Susan Froemke, Ellen Hovde, and Muffie Meyer. The film depicts the everyday lives of two reclusive socialites, a mother and daughter both named Edith Beale...
"Big Edie" died in 1977 and "Little Edie" sold the house in 1979 to former Washington Post editor Ben Bradlee and his wife Sally Quinn. "Little Edie" died in 2002 at the age of 84.
Comedy Central - David Chappelle
Chappelles Show | ||||
Celebrity Trial Jury Selection | ||||
www.comedycentral.com | ||||
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Hard Wired Politics Part 2
I think this article merits another look.
I was thinking about the premise of this study where conservatives and liberals may be politically hard wired - the shape of the brain resonating with the political affiliation.
It makes me think about FOX News in a different light. We are aware of the study that indicates that FOX News viewers are less informed as a result of viewing FOX. This is perplexing to many of us. Certainly it is frustrating and unhelpful.
If the study were to hold up and it turns out that conservatives do have a larger part of the brain associated with fear then FOX makes much more "sense." The idea is that FOX is not providing news but is providing fear as if it were a consumable and needed quantity for a particular viewer. The viewer doesn't go to FOX to be informed, they go to get their fear activated which is central to their brain makeup. One thing you must admit, FOX may not provide factual news, but they do provide fear.
Its a stretch, and I am searching here.
Any thoughts?
Telegraph UK: Political views 'hard-wired' into your brain
I was thinking about the premise of this study where conservatives and liberals may be politically hard wired - the shape of the brain resonating with the political affiliation.
It makes me think about FOX News in a different light. We are aware of the study that indicates that FOX News viewers are less informed as a result of viewing FOX. This is perplexing to many of us. Certainly it is frustrating and unhelpful.
If the study were to hold up and it turns out that conservatives do have a larger part of the brain associated with fear then FOX makes much more "sense." The idea is that FOX is not providing news but is providing fear as if it were a consumable and needed quantity for a particular viewer. The viewer doesn't go to FOX to be informed, they go to get their fear activated which is central to their brain makeup. One thing you must admit, FOX may not provide factual news, but they do provide fear.
Its a stretch, and I am searching here.
Any thoughts?
Telegraph UK: Political views 'hard-wired' into your brain
...a study that suggests people with right wing views have a larger area of the brain associated with fear.
Police Deaths Rise
When I think about all the difficult work that is conducted, certainly being a police officer has got to be one of the most difficult of all jobs.
These people put their lives on the line every day, just imagine working the beats in some of these harsh urban areas and poor rural areas.
Personally I have been perplexed by the release of data indicating that violent crime is down in America. Here we see that more police were killed while on duty in 2010. The former and latter don't jive.
In my opinion reviewing the article the most salient cause surrounds a more coldblooded type of criminal. Perhaps there are less criminals but the remaining ones are more coldblooded and there's still plenty of those people.
CS Monitor: Why police officer deaths rose 37 percent in 2010
These people put their lives on the line every day, just imagine working the beats in some of these harsh urban areas and poor rural areas.
Personally I have been perplexed by the release of data indicating that violent crime is down in America. Here we see that more police were killed while on duty in 2010. The former and latter don't jive.
In my opinion reviewing the article the most salient cause surrounds a more coldblooded type of criminal. Perhaps there are less criminals but the remaining ones are more coldblooded and there's still plenty of those people.
CS Monitor: Why police officer deaths rose 37 percent in 2010
But in five of the past 10 years, the number of police officer deaths topped 160, making the decade almost as dangerous for police as the street wars of the 1970s, when the average number of officers killed per year hovered around 200. And in the gangster heyday of the 1920s, about 150 died every year.
"Every cop that's slain or otherwise killed in the line of duty is a horrendous situation, but the numbers fluctuate so much percentage-wise because it really is a low-base-rate phenomenon. So even a little movement from one year to the next can produce a high percentage of difference over the previous year..."
"A more brazen, coldblooded criminal element is on the prowl in America, and they don't think twice about killing a cop..."
The Market On Wednesday
Good morning. It is approaching 32 degrees and its gray with clouds here in Upstate NY. This is the land of gray. The roads are now perfectly clear of snow, even the cyclists are back out. The squirrels are on the hunt and we are keeping the bird feeder hopping with activity.
At 8:15 a.m. futures are ever so slightly up, the dollar is flat and down, and oil is slightly down but is still holding above $90 per barrel. Interesting listening to the former head of Shell predict $5 per gallon gas in 2012. America's energy policy is in disarray. If the Republicans take over the complete reins in 2012, we can expect nothing to happen with alternative renewable energy outside of the individual's effort and a complete return to oil as the main energy focus. The eye will be on oil.
Investors are taking it easy this week. Trading is light. Hopefully the market will stay relatively flat as the new year rapidly approaches.
CNN: Stocks poised for slightly higher open
At 8:15 a.m. futures are ever so slightly up, the dollar is flat and down, and oil is slightly down but is still holding above $90 per barrel. Interesting listening to the former head of Shell predict $5 per gallon gas in 2012. America's energy policy is in disarray. If the Republicans take over the complete reins in 2012, we can expect nothing to happen with alternative renewable energy outside of the individual's effort and a complete return to oil as the main energy focus. The eye will be on oil.
Investors are taking it easy this week. Trading is light. Hopefully the market will stay relatively flat as the new year rapidly approaches.
CNN: Stocks poised for slightly higher open
...as investors hold off making their next big bets till the new year.
Oil for February delivery slipped 43 cents to $91.06 a barrel.
'Crush On You'
The Jets
With the passing away of Teena Marie, we are remembering this vast repertoire of Prince influenced dance music from the later 80s. This one is a good example. The presentation leans in the direction of clean cut youthful dancing positiveness without detours into decadence or cultural irony. Bouncy choreography, big hair, color, and fast looping synth lines are requisites. It is the sober child of 70s disco music without the cocaine and quaalude sex.
With the passing away of Teena Marie, we are remembering this vast repertoire of Prince influenced dance music from the later 80s. This one is a good example. The presentation leans in the direction of clean cut youthful dancing positiveness without detours into decadence or cultural irony. Bouncy choreography, big hair, color, and fast looping synth lines are requisites. It is the sober child of 70s disco music without the cocaine and quaalude sex.
Tuesday, December 28, 2010
From Chögyam Trungpa Rinpoche
"The most difficult discipline is to be what you are. Constantly trying to be what you are NOT is much easier, because we are trained to con either ourselves or others, to fit things into appropriate categories. Whereas if you take all of that away, the whole thing becomes too irritating, too boring." from "Crazy Wisdom"
Confidently Not Confident
Today's two pieces of economic data that were supposed to help continue a Christmas rally on Wall Street fell flat on their duffs.
Home prices are down, again. And now consumer confidence is down a tad as well.
How can I make you feel more confident? You're nice, you work hard, you are deserving....
CNN: Consumers lose a little confidence
Home prices are down, again. And now consumer confidence is down a tad as well.
How can I make you feel more confident? You're nice, you work hard, you are deserving....
CNN: Consumers lose a little confidence
But consumers are somewhat more concerned about the outlook for jobs following a jump in the unemployment rate in November to 9.8%. Those who believe jobs are hard to get rose 0.5 percentage point to 46.8%, and those who there will be fewer jobs six months from now crept up 0.4 point to 19.5%.
Home Prices Down
The Case-Shiller home pricing index for October was just released and it shows that home prices dropped across the board in 20 major US cities.
This is bad news.
The worst affected areas over the last year are Atlanta, Chicago, Detroit, and Portland.
Reuters: Case-Shiller home price indexes for October
This is bad news.
The worst affected areas over the last year are Atlanta, Chicago, Detroit, and Portland.
Reuters: Case-Shiller home price indexes for October
Indeed
Allegedly in Massachusetts.
The sign is good but if it had the word 'dude' in there somewhere it would be at least 100 times better.
The sign is good but if it had the word 'dude' in there somewhere it would be at least 100 times better.
Crock
The only thing this proves to me is that Gallup polling is a crock.
The top five women includes Condoleeza Rica and Sarah Palin. Seriously now, these are two of the top five most admired women by Americans.
Are you kidding me? You expect us to take this seriously? This is terribly disappointing and unimaginative.
Move on to the next train wreck...
CS Monitor: Gallup poll: Top 5 men and women admired by Americans
The top five women includes Condoleeza Rica and Sarah Palin. Seriously now, these are two of the top five most admired women by Americans.
Are you kidding me? You expect us to take this seriously? This is terribly disappointing and unimaginative.
Move on to the next train wreck...
CS Monitor: Gallup poll: Top 5 men and women admired by Americans
2. George W. Bush and Sarah Palin
1. Barack Obama and Hillary Rodham Clinton
The Market On Tuesday
Good morning. It is a beautiful cold, clear, crisp, crystalline day here in Upstate NY. We paid the price with a monster snow storm now we are reaping the benefit of the exquisite post storm brilliance. I hope. It is the Northeast and as the saying goes, if you don't like the weather, well just wait a minute.
At 8:25 a.m. futures are ever so slightly up, the dollar is down across the board, and oil is slightly up. One might say the positive market trifecta is in.
Investors will be looking at two pieces of economic data that may very well influence the direction of the market.
We will see numbers on home prices and consumer confidence. Let me ask you right here and now, are you confident you ingrate.
I was reading an extensive article on the retiring baby boomer generation last night. Turns out the boomers are mostly broke. We are in for a decline in lifestyle in our retirement period or as I like to call it the pre-white light period. We didn't save enough, we lived recklessly, and our houses are now worth bupkiss. But man we sure got laid a lot in the 70s and 80s and if you were lucky maybe the 90s. Hell yes.
CNN: Stocks poised for higher open
At 8:25 a.m. futures are ever so slightly up, the dollar is down across the board, and oil is slightly up. One might say the positive market trifecta is in.
Investors will be looking at two pieces of economic data that may very well influence the direction of the market.
We will see numbers on home prices and consumer confidence. Let me ask you right here and now, are you confident you ingrate.
I was reading an extensive article on the retiring baby boomer generation last night. Turns out the boomers are mostly broke. We are in for a decline in lifestyle in our retirement period or as I like to call it the pre-white light period. We didn't save enough, we lived recklessly, and our houses are now worth bupkiss. But man we sure got laid a lot in the 70s and 80s and if you were lucky maybe the 90s. Hell yes.
CNN: Stocks poised for higher open
Consumer spending accounts for about two-thirds of economic activity...
The Case-Shiller 20-City index of home prices in major metropolitan areas for October is due at 9 a.m. ET.
At 10 a.m. ET, the Conference Board will release a reading on consumer confidence for December.
Oil for February delivery rose 15 cents to $90.15 per barrel.
Monday, December 27, 2010
The C Six
I am down on this list, except for garlic. I like it in small doses once in a while. There's a restaurant around here that really revs up the taste with garlic. We hit it once a month because they really do well with tasty. Around 3 a.m. the garlic makes itself unwelcome in the stomach, and a Pepto night ensues.
Eat these foods you ingrate...
Yahoo: 6 cancer-fighting superfoods
Eat these foods you ingrate...
Yahoo: 6 cancer-fighting superfoods
1. Broccoli
2. Berries
3. Tomatoes
4. Walnuts
5. Garlic
6. Beans
'Widening Gyre'
Sons of Anarchy
Think soap opera that takes place in the middle of a biker drug running club with lots of room for violence, sex, drugs, love triangles, loyalty oaths, patriarchal overlords, within the context of utterly confused human psychodrama.
TV moguls must be testing the market for the next generation of daytime programming...
I give it 3 Harleys, 5 knuckles, 1 decent bj, and 2 superlative buttocks.
Think soap opera that takes place in the middle of a biker drug running club with lots of room for violence, sex, drugs, love triangles, loyalty oaths, patriarchal overlords, within the context of utterly confused human psychodrama.
TV moguls must be testing the market for the next generation of daytime programming...
I give it 3 Harleys, 5 knuckles, 1 decent bj, and 2 superlative buttocks.
Affair Plus Trial
Talk about being hapless. This guy snoops on his wife's email and finds out she is having an affair. They get divorced and now he faces a court trial for hacking into her computer. No mention of alimony but that would be the topper.
Allegedly the trial has major implications in how a particular hacking law is enforced.
Guardian UK: American charged with hacking after snooping on wife's emails
Allegedly the trial has major implications in how a particular hacking law is enforced.
Guardian UK: American charged with hacking after snooping on wife's emails
Walker was charged after opening the Gmail account of his wife, Clara, who was married twice previously. Walker found she was having an affair with her second husband, who had once been arrested for beating her in front of her young son from her first husband.
Walker is due to stand trial in February.
The Capnometer And Panic Attacks
There is a breakthrough in the treatment of panic disorder.
Live Science: To Stave Off Panic, Don't Take a Deep Breath
Live Science: To Stave Off Panic, Don't Take a Deep Breath
The treatment is called capnometry-assisted respiratory training, or CART.
"It's not because they have a lack of oxygen, it's because they're exhaling too much air," Meuret said, adding, "'Take a deep breath' is not a helpful instruction."
The treatment works by normalizing the baseline levels of carbon dioxide in the blood, Meuret said, making people less prone to hyperventilation and giving them the tools they need to reverse an attack. (Individuals only need to use the capnometer in the training phase of the treatment.)
A Better 2011
We like to read about ways to improve our world.
Nice extensive article over at CS Monitor on this topic.
It seems like stupid is on the rise. A broken political system is now more broken. Hysteria is a normal reaction, and the media promotes hysteria. I thought one of the more interesting articles of the year had to do with how FOX viewers were consistently ill informed and held incorrect facts as truths. This is the state of a sizable part of the country. The country as a whole is ill informed. There's so much talk about rekindling education and elevating the American student once again, but how do you start a roaring fire in the middle of a swamp lake, the fuel is inadequate.
Ordinarily I am optimistic about our society. How else could one look at the daily onslaught of disaster if there wasn't a counter balance. But right now I am not optimistic. There is no political party Democrats or Republicans that is conducting the work of the American people. There are a few individuals out there maybe 10% of Congress or so who are okay but 90% is doing the business of corporations and their own personal self interests.
We are still the objects of a mass hysteria campaign that rams through destructive ideas, as the American public is repeatedly lied to in order to clear a harmful path. The formula that rammed through the Iraq war is very much alive and present.
CS Monitor: Ideas for a better world in 2011
Nice extensive article over at CS Monitor on this topic.
It seems like stupid is on the rise. A broken political system is now more broken. Hysteria is a normal reaction, and the media promotes hysteria. I thought one of the more interesting articles of the year had to do with how FOX viewers were consistently ill informed and held incorrect facts as truths. This is the state of a sizable part of the country. The country as a whole is ill informed. There's so much talk about rekindling education and elevating the American student once again, but how do you start a roaring fire in the middle of a swamp lake, the fuel is inadequate.
Ordinarily I am optimistic about our society. How else could one look at the daily onslaught of disaster if there wasn't a counter balance. But right now I am not optimistic. There is no political party Democrats or Republicans that is conducting the work of the American people. There are a few individuals out there maybe 10% of Congress or so who are okay but 90% is doing the business of corporations and their own personal self interests.
We are still the objects of a mass hysteria campaign that rams through destructive ideas, as the American public is repeatedly lied to in order to clear a harmful path. The formula that rammed through the Iraq war is very much alive and present.
CS Monitor: Ideas for a better world in 2011
John H. Adams
Idea: A fuel-stingy car in every garage
He wants to require US cars to get 60 miles per gallon of gas by 2025. "It's a solution that will save the planet, sustain America's independence, and rebuild our economy," says Mr. Adams. He also sees it as a primary way to fight global warming, extracting a "giant chunk of carbon from the atmosphere."
Joseph S. Nye, Jr.
Idea: Why the US isn't Rome
Mr. Nye writes: Sixty percent of Americans think the US is in decline. A recent poll shows 47 percent think China's economy is stronger (though the Chinese economy is unlikely to equal the size of America's for another 20 years).
Why does it matter? Because a fearful, inward-looking US is less likely to provide leadership that the world needs to solve transnational challenges such as climate change, financial stability, cyber-security, and terrorism.
Americans are prone to cycles of belief in decline. Polls showed a belief in decline after the Soviet Union launched Sputnik in 1957, after Nixon's economic adjustments and the oil shocks in the 1970s, and after the closing of Rust Belt industries and the budget deficits of the Reagan administration in the '80s. Such cycles of "declinism" tell us more about American psychology than real shifts in power.
The Market On Monday
Good morning. It is snowing and very cold here in Upstate NY. We really got clobbered with snow overnight. People are digging out and as far as I could tell the main roads look pretty good. I went out for my 2.5 mile walk a few hours ago and I had on a silk t-shirt, regular cotton t-shirt, microfiber long sleeve shirt, woolen sweater, fleece vest, woolen jacket, and down vest. Also had on the microfiber long johns and flannel lined pants. That's seven top layers, no wonder I was so hot. Walking was not easy, it was like walking in a nightmare where your moving your legs but not getting anywhere.
At 8:30 a.m. futures are modestly down, the dollar is down, and oil is down. Its all down.
The one or two investors who somehow managed to make it down to Wall Street now have a lot of say over the world's economy.
It is China's recent bank interest rate hike that has investors puzzling. They are wondering what exactly this means in terms of the soon to be world's greatest economy.
CNN: Stocks set for lower open
At 8:30 a.m. futures are modestly down, the dollar is down, and oil is down. Its all down.
The one or two investors who somehow managed to make it down to Wall Street now have a lot of say over the world's economy.
It is China's recent bank interest rate hike that has investors puzzling. They are wondering what exactly this means in terms of the soon to be world's greatest economy.
CNN: Stocks set for lower open
On Sunday, the People's Bank of China raised its benchmark interest rates by a quarter of a percentage point...
Trading volume is expected to be extremely light.
Oil for February delivery slipped 25 cents to $91.26 a barrel.
Sunday, December 26, 2010
Coming Up On Wall Street
Perusing the Reuters article on what's coming up on Wall Street this week, one sees that the quoted investors suspect a market correction is in the near future.
Recall that February is a big dividend month.
As a novice follower of the market, three simple observations occur.
First, whatever happened to the "double dip?" Contrary to many expert economists, the double dip didn't.
Second, the DOW is at 11,500 and this is where yours truly was thinking the DOW would be at around September of 2011. We are perched on high.
Third, does anyone really think the DOW will crack 12,000 especially when cracking 11,000 was the biggest surprise story of the year.
A correction is coming.
Reuters: Santa rally continues as China hikes rates
Recall that February is a big dividend month.
As a novice follower of the market, three simple observations occur.
First, whatever happened to the "double dip?" Contrary to many expert economists, the double dip didn't.
Second, the DOW is at 11,500 and this is where yours truly was thinking the DOW would be at around September of 2011. We are perched on high.
Third, does anyone really think the DOW will crack 12,000 especially when cracking 11,000 was the biggest surprise story of the year.
A correction is coming.
Reuters: Santa rally continues as China hikes rates
The CBOE Volatility Index VIX .VIX, known as Wall Street's fear gauge, was down by two-thirds from this year's peak in May.
"We think there could be a correction of 5 to 7 percent" toward the second half of January...
"Currently, bullish sentiment has been rising, but we feel optimism is not widespread and only skin deep, which means that investors are likely to turn bearish at the first downtick...
"Odds are that a meaningful correction lies in the near future..."
Suspicious
A local road is shut down when a cab driver notices a suspicious package.
I had no idea suspicions were so raw.
CBS 6: 'Suspicious package' shuts down Everett Road
I had no idea suspicions were so raw.
CBS 6: 'Suspicious package' shuts down Everett Road
Confronting Birthers
The new governor of Hawaii has pledged to take on the birthers and put the detraction to rest once and for all.
Then how come we are reading about this in a publication out of England?
Salacious news is a big deal in the USA, we need birthers for the economy.
Guardian UK: Barack Obama detractors, the birthers, face challenge from Hawaii governor
Then how come we are reading about this in a publication out of England?
Salacious news is a big deal in the USA, we need birthers for the economy.
Guardian UK: Barack Obama detractors, the birthers, face challenge from Hawaii governor
"[Obama's] a big boy; he can take sticks and stones. But there's no reason on earth to have the memory of his parents insulted by people whose motivation is solely political. Let's put this particular canard to rest," he said.
The governor is working with Hawaii's attorney general and health department to find ways of producing definitive evidence of Obama's Hawaiian birth. Full disclosure is restricted under the state's privacy laws.
Snow Down
Started to snow here around 4:00.
Its the first big storm of the season. I think some people are a little unnerved by it. That seems perfectly normal. Its very quiet around here.
That's the before shot. I will do an after shot tomorrow...
Its the first big storm of the season. I think some people are a little unnerved by it. That seems perfectly normal. Its very quiet around here.
That's the before shot. I will do an after shot tomorrow...
Changing Times
If conservative Catholic Ireland can adjust its laws, we suspect the rest of the world will catch on.
Irish Central: Ireland’s gay civil partnership recognized in law
Irish Central: Ireland’s gay civil partnership recognized in law
"Their relationships will be legally recognised and protected."
After they register as a civil partnership, the couple will be treated in the very same way as spouses under tax and social welfare codes.
Gaseous
America is floating on natural gas. Allegedly there is so much of it, we don't know what to do with it all.
America's got gas.
CS Monitor: Top 5 overlooked stories of 2010
America's got gas.
CS Monitor: Top 5 overlooked stories of 2010
4. Rise of natural gasDiscovery: Sex Offenders Thrive in Oil and Gas Boom Towns
The dramatic rise in the amount of retrievable natural gas in the United States could recast the nation's energy profile.
Natural gas is threatening the dominance of coal and undercutting nascent efforts not only to resuscitate nuclear energy but also to establish renewable energy as a viable and economic alternative.
...Joel Berger and Jon Beckmann of the Wildlife Conservation Society have found that registered sex offenders are three times more numerous per capita in towns whose economy relies on natural gas mining than communities built around agriculture or recreation...
Patron Of The Arts
Roy R. Neuberger has passed away at age 107.
He was a financial wizard and a huge patron of the arts. If you enjoy MOMA, you are viewing work donated by Neuberger.
Reuters: 20th century financial titan Neuberger dies at 107
He was a financial wizard and a huge patron of the arts. If you enjoy MOMA, you are viewing work donated by Neuberger.
Reuters: 20th century financial titan Neuberger dies at 107
In 1967, New York Governor Nelson Rockefeller offered to build a museum at the New York State University at Purchase that would serve in part as a repository for Neuberger's collection. The museum opened in May 1974.
He donated other major works in his collection -- which included paintings by Willem de Kooning, Jackson Pollock and Milton Avery, to New York's Museum of Modern Art and Metropolitan Museum of Art.
Saturday, December 25, 2010
Snow Time
What we've been waiting for, a white Christmas.
CNN: Blizzard warning issued for parts of New York, New Jersey, Connecticut
CNN: Blizzard warning issued for parts of New York, New Jersey, Connecticut
The National Weather Service has issued a blizzard warning for the New York metro area, northeast New Jersey and coastal Connecticut, CNN has confirmed.WRGB
A Winter Storm Watch is now in effect from Sunday afternoon through Monday morning for the immediate Capital Region, mid Hudson valley, Schoharie valley, eastern Catskills and Bennington, Berkshire and Litchfield counties for the possibility of 7" or more of snow.
On Giving
“If you wish to experience peace, provide peace for another.” - Tenzin Gyatso, The 14th Dalai Lama quotes
“You give but little when you give of your possessions. It is when you give of yourself that you truly give.” - Kahlil Gibran
“The value of a man resides in what he gives and not in what he is capable of receiving.” - Albert Einstein
“Real generosity toward the future lies in giving all to the present.” - Albert Camus
Christmas Wish
I am going to try very hard to protect my peace today.
The Buddhist monks would meditate and beside them would be a pile of black marbles and a pile of white marbles. One black marble would represent one negative thought. One white marble would represent a positive thought.
When they would actually have a negative thought while meditating, they would create a second pile of black marbles. When they would have a positive thought, they would create a second pile of white marbles.
Allegedly when they first started meditating, the pile of black marbles would be the largest. Over time, that pile would get smaller and the white pile larger. Eventually they would create only a white pile of marbles.
I am going for a white marble type of day.
I hope your day is absolutely delicious.
The Buddhist monks would meditate and beside them would be a pile of black marbles and a pile of white marbles. One black marble would represent one negative thought. One white marble would represent a positive thought.
When they would actually have a negative thought while meditating, they would create a second pile of black marbles. When they would have a positive thought, they would create a second pile of white marbles.
Allegedly when they first started meditating, the pile of black marbles would be the largest. Over time, that pile would get smaller and the white pile larger. Eventually they would create only a white pile of marbles.
I am going for a white marble type of day.
I hope your day is absolutely delicious.
Friday, December 24, 2010
Renewable Fuel
This gets a huge wow.
Guardian UK: Researchers develop reactor to make fuel from sunlight
Guardian UK: Researchers develop reactor to make fuel from sunlight
A simple reactor that mimics plants by turning sunlight into fuel has been demonstrated in the laboratory, boosting hopes for a large-scale renewable source of liquid fuel.
'A Prophet'
trailer
Watched this on Netflix. It is outstanding. One of the best films I've seen in a while. Its the best film of the last few years.
Watched this on Netflix. It is outstanding. One of the best films I've seen in a while. Its the best film of the last few years.
Widening The Gap
The rich didn't just get richer, they got almost everything!
CNN: The rich are much richer than you and me
CNN: The rich are much richer than you and me
Stroke Belt
I was not aware of a stroke belt. The stroke belt is "an area..that includes the coastal plains of North Carolina, South Carolina and Georgia."
People in this area run a higher risk of dying from a stroke.
The idea is that people in this region particularly black people, eat too much fried fish. Fish is considered a decent enough food for many reasons but it is the deep frying that may turn it into something that the body can't handle.
Health News: 'Stroke Belt' Mystery: Fried Fish Linked to Higher Death Rate
People in this area run a higher risk of dying from a stroke.
The idea is that people in this region particularly black people, eat too much fried fish. Fish is considered a decent enough food for many reasons but it is the deep frying that may turn it into something that the body can't handle.
Health News: 'Stroke Belt' Mystery: Fried Fish Linked to Higher Death Rate
...there is evidence that frying fish reduces their amount of omega-3 fatty acids...Frying is also associated with an increase in the food's fat and calorie content.
Right Solution, Wrong Congress
The EPA has worked out a timetable for reducing greenhouse gases. The plan has been hailed by environmentalists.
So far so good.
Ah, one itty bitty sticking point arises in January when a Republican party hell bent on the world's screwiest agenda takes over in Congress.
The Republican party does not believe in greenhouse gases, its some kind of socialist liberal trick and all of the scientists in the world could get on board but they are also socialist liberals.
We can go over the angina producing reasoning here, but let's save that for after the holidays.
I would expect that we see more about this in the coming months.
CS Monitor: EPA presents plan on greenhouse gases. Can next Congress stop it?
So far so good.
Ah, one itty bitty sticking point arises in January when a Republican party hell bent on the world's screwiest agenda takes over in Congress.
The Republican party does not believe in greenhouse gases, its some kind of socialist liberal trick and all of the scientists in the world could get on board but they are also socialist liberals.
We can go over the angina producing reasoning here, but let's save that for after the holidays.
I would expect that we see more about this in the coming months.
CS Monitor: EPA presents plan on greenhouse gases. Can next Congress stop it?
...the US Environmental Protection Agency Thursday laid out a timetable for the nation's largest carbon emitters – power plants and refineries – to begin curbing those pollutants.
Republicans have said all year that they plan to pull out all the stops to keep the EPA from phasing in greenhouse gas (GHG) regulations beginning in 2011, saying they would damage the energy industry, raise prices, and cost jobs.
No Market On Friday
Good morning. Its cold and starting to slightly clear here in Upstate NY. Lots of unfriendly dog walkers were out this morning. No one was willing to say good morning and that's in a neighborhood where everyone lives comfortably in a decent looking house. Must be the holiday cheer kicking in. Lesson learned...
As you know the stock market is closed today for Christmas Eve. Car traffic in my community is light as I presume many have taken the day off.
As long as investors are taking the day off from the stock market, I will too except for one thing.
The price of oil has passed $90 per barrel. This can only mean that the threshold of $100 is in sight and on the lips and pockets of commodity speculators. It also means that gas is going to get more expensive. You can take that to the bank.
CNN: Stocks take early vacation, end flat
As you know the stock market is closed today for Christmas Eve. Car traffic in my community is light as I presume many have taken the day off.
As long as investors are taking the day off from the stock market, I will too except for one thing.
The price of oil has passed $90 per barrel. This can only mean that the threshold of $100 is in sight and on the lips and pockets of commodity speculators. It also means that gas is going to get more expensive. You can take that to the bank.
CNN: Stocks take early vacation, end flat
"Everyone is on vacation or just taking a break from the stock market..."
Oil for February delivery jumped $1.03, or 1%, to settle at a fresh two-year high of $91.51 a barrel...
Thursday, December 23, 2010
Nikkei Opens Lower On Friday
Although some world markets are active on Friday, Wall Street will be closed for the holiday.
Reuters: Nikkei opens lower on yen but sentiment strong
Reuters: Nikkei opens lower on yen but sentiment strong
Stripped
Conflict between medical priority and religious priority arises in Phoenix.
ABC News: Bishop Strips Hospital of Catholic Status After Abortion
ABC News: Bishop Strips Hospital of Catholic Status After Abortion
Nun Gets Ex-Communicated From Catholic Church After Approving an Abortion to Save a Mom's Life
Okay
You know, I am no longer a big Obama fan or supporter. That train left the station. He pretends to be a progressive and then goes about dismantling SSI. I have no love for this guy anymore.
Seperate from this, you would have to agree that the attacks on Obama are quite bizarre.
You thought you heard it all with birthers, and death squads, Muslim birth etc etc. Yet there is more. A conservative group is now alleging that Obama wants to give the USA back to the Indians.
Raw Story: Conservative group: Obama will give ‘entire land mass’ of the US to ‘the Indians’
Seperate from this, you would have to agree that the attacks on Obama are quite bizarre.
You thought you heard it all with birthers, and death squads, Muslim birth etc etc. Yet there is more. A conservative group is now alleging that Obama wants to give the USA back to the Indians.
Raw Story: Conservative group: Obama will give ‘entire land mass’ of the US to ‘the Indians’
Titan
Titan is a gorgeous looking moon of Saturn.
The Cassini-Huygens mission to Saturn is still swooping around Titan and has produced some amazing data that has scientists aflutter.
Think about it - volcanoes that spew slushy ice, prospects for pre-biotic chemistry, and hydrocarbon lakes.
Nice place to visit. The idea is that Titan is in a type of pre-Earth-like state. It is a bio-chemists dream world.
CS Monitor: What's new with Titan? Five intriguing findings about Saturn's moon
The Cassini-Huygens mission to Saturn is still swooping around Titan and has produced some amazing data that has scientists aflutter.
Think about it - volcanoes that spew slushy ice, prospects for pre-biotic chemistry, and hydrocarbon lakes.
Nice place to visit. The idea is that Titan is in a type of pre-Earth-like state. It is a bio-chemists dream world.
CS Monitor: What's new with Titan? Five intriguing findings about Saturn's moon
To be sure, planetary scientists had posited that Titan was home to liquid-hydrocarbon lakes or seas.
...Titan, so on a very young Earth, complex pre-biotic molecules could literally have fallen from the skies.
...there are four possible explanations. But the most provocative involves the presence of organisms that are methane-based, rather than water-based, as terrestrial organisms are.
The Market On Thursday
Good morning. We are having some light snow. Earlier I was out walking and the snow was stinging my eyes as it whipped around in the wind. I really like the feel of that.
At 8:30 a.m. futures are flat, the dollar is mixed, and oil is slightly up per barrel remaining over $90 per barrel for a few days now. Notice that gas prices are climbing again. The national average is over $3 per gallon. Relative to the rest of the world its still pretty cheap.
The journalists are indicating that the day is supposed to be relatively quiet. We shall see. Investors will be looking at data on personal income and new house sales. The first time layoffs number is slightly improved again.
CNN: Stocks positioned for a flat open
At 8:30 a.m. futures are flat, the dollar is mixed, and oil is slightly up per barrel remaining over $90 per barrel for a few days now. Notice that gas prices are climbing again. The national average is over $3 per gallon. Relative to the rest of the world its still pretty cheap.
The journalists are indicating that the day is supposed to be relatively quiet. We shall see. Investors will be looking at data on personal income and new house sales. The first time layoffs number is slightly improved again.
CNN: Stocks positioned for a flat open
Pre-holiday trading sessions are usually pretty quiet.
U.S. markets will be closed Friday for the holiday weekend.
Oil for February delivery gained 12 cents to $90.60 a barrel.
Gas prices have risen more than 4% from a month ago, and are nearly 16% higher than the a year ago.
Wednesday, December 22, 2010
What Is Mindfulness?
Jon Kabat-Zinn, who is the son of the late Howard Zinn, gives a short talk on mindfulness.
Kabat-Zinn runs a stress reduction clinic in Boston. He's very good. I'm a fan of his book 'Full Catastrophe Living.'
Kabat-Zinn runs a stress reduction clinic in Boston. He's very good. I'm a fan of his book 'Full Catastrophe Living.'
Hell Freezes
I just don't get this.
Raw Story: Shock: Christian Coalition founder Pat Robertson favors marijuana legalization
Raw Story: Shock: Christian Coalition founder Pat Robertson favors marijuana legalization
2.6
The government has revised the third quarter GDP up a notch to 2.6% up from 2.5%.
Previously owned house sales are up as well.
The data is pointing to a slightly strengthening economy.
Reuters: Third-quarter GDP raised, home sales bounce back
Previously owned house sales are up as well.
The data is pointing to a slightly strengthening economy.
Reuters: Third-quarter GDP raised, home sales bounce back
Lunch
I just made a completely rocking health food lunch for myself. Its still making me happy.
- Sauteed some tempeh and some mushrooms in canola oil.
- Toasted a multigrain wrap and spread some horseradish on it, not too much though.
- Put some arugula and carrot on the wrap.
- Tossed in the hot sauteed tempeh and mushrooms.
- Wrapped it up and ate it like it was my last meal.
That puppy was tasty.
I almost forgot the very small glass of fresh pomegranate juice.
- Sauteed some tempeh and some mushrooms in canola oil.
- Toasted a multigrain wrap and spread some horseradish on it, not too much though.
- Put some arugula and carrot on the wrap.
- Tossed in the hot sauteed tempeh and mushrooms.
- Wrapped it up and ate it like it was my last meal.
That puppy was tasty.
I almost forgot the very small glass of fresh pomegranate juice.
Pope Makes Excuses
How quickly one can lose respect for an individual.
Here we have the Pope making excuses for pedophile priests.
The responsibility for your actions lie with you. This is one aspect of liberal thinking that it wrong. We can talk about context with all kinds of issues, but people make their own decisions. Whenever I see someone blaming their actions on the social context, I get steamed. Its called not accepting responsibility.
Live Science: Pope Blames 1970s Society for Pedophile Priests
Here we have the Pope making excuses for pedophile priests.
The responsibility for your actions lie with you. This is one aspect of liberal thinking that it wrong. We can talk about context with all kinds of issues, but people make their own decisions. Whenever I see someone blaming their actions on the social context, I get steamed. Its called not accepting responsibility.
Live Science: Pope Blames 1970s Society for Pedophile Priests
Do Not
So this guy out in Chicago ran a blog. On the blog he objected to some kind of weapons ban in Chicago. As a way of retaliating against the ban he wrote on his blog for his readers to go out and kill judges. He wrote personal information about the judges, how to get at the judges.
What was this guy thinking? First off, never threaten people with death, don't ever do that. I don't care what justification you think you have. Yes I do believe in self defense in a life threatening situation but after that, nobody needs to make death threats. Okay bottom line, no death threats. Thank you.
CS Monitor: Blogger gets 33 months for threatening Chicago judges on Internet
What was this guy thinking? First off, never threaten people with death, don't ever do that. I don't care what justification you think you have. Yes I do believe in self defense in a life threatening situation but after that, nobody needs to make death threats. Okay bottom line, no death threats. Thank you.
CS Monitor: Blogger gets 33 months for threatening Chicago judges on Internet
...Turner posted photographs, phone numbers, work addresses, and room numbers for the three judges.
The Market On Wednesday
Good morning. Welcome to hump day and welcome to winter, little by little the light will return. The ground freezes and the soil has a chance to rest. Snow gives us a rest from the vibrancy of color in the summer. Winter always strikes me as an especially contemplative time.
At 8:20 a.m. futures are flat, the dollar is mixed, and oil is now up over $90 per barrel. That $90 per barrel is on the high side...
Investors will soon learn the latest revised numbers on the third quarter GDP, along with data on previously owned housing. That should be of concern to all homeowners.
Volume is expected to be low as many investors have already closed the books on 2010 as they now vacation and take tourist tours of outer space.
CNN: Stocks poised for flat open
At 8:20 a.m. futures are flat, the dollar is mixed, and oil is now up over $90 per barrel. That $90 per barrel is on the high side...
Investors will soon learn the latest revised numbers on the third quarter GDP, along with data on previously owned housing. That should be of concern to all homeowners.
Volume is expected to be low as many investors have already closed the books on 2010 as they now vacation and take tourist tours of outer space.
CNN: Stocks poised for flat open
...both companies and investors have piles of cash on the sidelines.
The existing home sales index from the National Association of Realtors is also due Wednesday morning.
...a reading on mortgage applications also are on tap for Wednesday.
Oil for February delivery gained 42 cents to $90.24 a barrel.
Tuesday, December 21, 2010
Real
Here is something we really need. Its a positive story and we just don't have enough of these.
Please read.
NPR: A Victim Treats His Mugger Right
Please read.
NPR: A Victim Treats His Mugger Right
Secession Ball
Ordinarily a ball celebrating the 150th anniversary of the South Carolina secession from the Union would not bother me in the least little bit even if I do have to read about it from a website based in England.
But this point is a good one. "What would happen if Japanese Americans decided to have a ball to celebrate Pearl Harbour?"
Yes, there is a very severe double standard at play here. We can fill in the above critique with all kinds of different names linked to various atrocities and they just simply could not take place. People would be aghast.
So in my opinion, there must be a social threshold that an event has to cross in order to muster enough demanding dissent to stop it. Or if the threshold is crossed, which I believe the Secession Ball does, there has to be a counter force that pushes the dissent backwards, pushes it back down to the level of non story, non starter.
I suspect we might be able to think of reasons why this ball can be held, and who is not going to try to stop it even in the face of valid dissent.
Guardian UK: 'Secession ball' marks start of American civil war with champagne and dancing
But this point is a good one. "What would happen if Japanese Americans decided to have a ball to celebrate Pearl Harbour?"
Yes, there is a very severe double standard at play here. We can fill in the above critique with all kinds of different names linked to various atrocities and they just simply could not take place. People would be aghast.
So in my opinion, there must be a social threshold that an event has to cross in order to muster enough demanding dissent to stop it. Or if the threshold is crossed, which I believe the Secession Ball does, there has to be a counter force that pushes the dissent backwards, pushes it back down to the level of non story, non starter.
I suspect we might be able to think of reasons why this ball can be held, and who is not going to try to stop it even in the face of valid dissent.
Guardian UK: 'Secession ball' marks start of American civil war with champagne and dancing
A ballroom full of white guests gathered last night, each paying $100, to mark the anniversary of 20 December 1860, the day that South Carolina became the first state in the US to declare secession from the Union in order to protect the right to slavery.
"What would happen if Japanese Americans decided to have a ball to celebrate Pearl Harbour?"
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