Monday, October 31, 2011

Nikkei Opens Lower On Tuesday

Reuters: Nikkei tracks Wall Street shares lower, yen in focus

Back To Yoga

LA Times: Yoga may improve back function more than regular care

TED Talks - Pollination

Utterly amazing...

Louie Schwartzberg: The hidden beauty of pollination from TEDTalks on Vimeo.

The Cain Scrutiny

Is a minor implosion about to occur?

NBC: NBC confirms one Cain accuser received cash settlement

And

Raw Story: Report: Cain may have broken tax, election laws

DOW Closes Much Lower

The DOW closed at 11,955.01 dropping 276.10 points.

CNN: Stocks end stellar month with a fall

and check this out -

CNN: $100 million payout for retiring CEO

I sure hope that's enough money...

Price Of Sandwich Is First Born Child

Reuters: Couple jailed, lose custody of daughter, over stolen sandwiches

Please Change The Channel

We have a no starter story here, followed by an attack on "liberals" by Coulter in response to a no starter story. Coulter is on top of her pointless game.

I am posting this as an example of political entertainment. Its like a C level movie with lots of car crashes and tough talk along with a miserable plot and bad acting.

Raw Story: Coulter blames ‘liberals’ for allegations against Cain

TRNN - Will G20 Control Hot Money?


More at The Real News

Democracy Now - Monday, October 31, 2011

DOW Lower At Noon

In the noon hour the DOW is down 164 points.

Reuters: Wall Street loses ground on fading euro zone optimism

Have A Good Morning

The Onion - Town Seeks To Criminalize Walking And Biking

The Onion: Town Seeks To Criminalize Walking And Biking

The Creative Genius

Live Science: Creative Genius: The World's Greatest Minds

Al Jazeera - New York Taxi Medallions Sell For $1m

Al Jazeera - The Main Headlines

Move It

November 5th is move your money day. If you are dealing with a large too big to fail bank, consider moving to a smaller business. Research may be required.

AlterNet: 4 Simple Steps for Taking Your Money Out of the Vampire Banks
You may fear a lack of ATMs with smaller banks, but Amalgamated, like many, is part of a huge, surcharge-free network called AllPoint, with machines at Target, CVS, Walgreens, and other common retail outlets. There are over 4,000 Allpoint ATMs in New York and New Jersey, and there's a web tool and mobile app that allows me to search for nearby machines wherever I am.


I found that the whole process was actually pretty painless. Rep. Brad Miller (D-NC) has introduced a bill to ban nasty practices like exit fees to make ending your dysfunctional bank relationship even easier.


Having taken the plunge, I invite you to join me. The water feels good. And even better, no sharks.

The Market On Monday

Good morning. It is 24 degrees and sunny here in Upstate NY. Winter has arrived very early but it may retreat for a spell this week, we hope. There is still some snow on the ground from Saturday's storm. Tonight the trick or treaters ring the doorbell and we are prepared with packages of CVS bought candy bars. In case you are wondering I have not eaten any, but other unidentified members of the household may have. We are adjusting to life with our new dog. She is a real good fit so far, she's a quick study and very interested in pleasing us.

At 8:20 a.m. futures are flat, the dollar is up against all major world currencies, and oil is down.

The Japanese have worked to reduce the value of the yen, consequently the dollar is rising and this makes US equities less interesting because they are too pricey.

Investors will have a wary approach to the Eurozone debt deal as well. This thing could go south real fast and take the indexes right along with it.

Otherwise October has been a stellar month for equities. With the DOW presently over 12K we are seeing a fluffiness not experienced in several months. Enjoy it while it lasts.

CNN: Stocks poised for losses
The Japanese government acted early Monday to push down the yen's value in international currency markets.


The Dow is up 12% in October, while the S&P 500 and Nasdaq have surged more than 13%.


Oil for December delivery fell 64 cents to $92.68 a barrel.

'Criss Cross'

Thelonious Monk

Sunday, October 30, 2011

Ireland's New President

Its Michael D Higgins.

Listen to him speak on behalf of ordinary people with supreme clarity, empathy, intensity, and conviction. Let's kidnap him and bring him here.

Good Night

Nikkei Opens Lower On Monday

Reuters: Nikkei edges down as strong yen weighs

From His Sister

You have to read this.

NY Times: A Sister’s Eulogy for Steve Jobs

Coming Up On Wall Street

Even though the market has had a solid month of gains and the DOW is back over 12K, there is a long list of issues that will directly impact the market.

Initially the Eurozone debt deal was seen as good from the investor point of view, a few days later questions are arising in the investment mind about its actual effect and size - not enough and not enough. It is conceivable that the Eurozone deal falls back to square one at which point volatility returns to the market.

Balancing on the other end of the Eurozone tether are stronger than expected third quarter results and an American economy that grew at a surprising 2.5% rate also in the third quarter.

In addition here are a few more bumps coming up:
- Europe is possibly already in a new technical recession
- The American consumer is heavily in debt and is purchasing using savings. Therefor the money that bought that 2.5% GDP will not be there in the future.
- Unemployment remains high and probably can't improve until the above point improves and there we have a negative feedback loop occurring - high unemployment, no money, no spending, no need for companies to hire to produce more for you oh ingrate consumer. And around and around it goes.

Personally I am not at all confident about this new market rise. The big deal people in the .0001% are making money hand over fist in a volatile market regardless of if it is sinking or rising. This is who drives this whole mess down the apocalyptic road anywho. Hang on the bumpiness is still coming.

Reuters: Long list of dangers ahead for global economy
"If the absolute amount is not enough (Eurozone debt deal), we will be back to the storms. The break in the clouds may only last a few hours..."


Europe probably is already in recession...


As long as the American consumer, who drives 70 percent of all U.S. economic activity, is buried under a mountain of debt -- much of it mortgage debt -- and many houses remain worth less than the mortgage, consumer demand will remain weak and business hiring paltry.

Fall Back Next Weekend

Squidco: Daylight Saving Time Will End November 6, 2011

'Mound'

4 stars **** - Sande

MSNBC - Schakowsky, McGhee, Spitzer On SSI

Visit msnbc.com for breaking news, world news, and news about the economy

Power Outage

TU: 13,000 without power in Albany, Rensselaer after historic storm

Maher - Halloween Costumes And Christie

Fast forward past the Halloween poorly conceived bomb then get to Christie. Christie is a Republican and gets hell from Maher. They go after him on Iraq but good.

Steve Jobs As Buddhist

Turns out Jobs was a serious student of Zen.

NeoroTribes: What Kind of Buddhist was Steve Jobs, Really?

Have A Good Morning

The Onion - Depressed Candidate Runs Attack Ad About Self

The Onion: Depressed Candidate Runs Attack Ad About Self

Extracorporeal Shock Wave Therapy For Erectile Dysfunction

Live Science: 'Shock' Therapy May Improve Erectile Dysfunction

Al Jazeera - Early Snow Warns Of Harsher US Winter

Al Jazeera - The Main Headlines

New Dog

We had the first night with our new dog. She woke up about every 1.5 hours and cried a little bit. I think she is adjusting to the new home, it has to be a little scary to enter a new house and a new place plus this dog had other brothers. They all slept in a pack leaning on one another. The breeder told us that she sleeps through the night. After I took her out early this morning and fed her, she has gone right back to sleep. We have her in a pen.

The puppy is a yellow lab and I must say this dog is a very quick study. She is learning how to do her business outside really fast, plus we are very attentive and take her out as soon as she wakes or usually after 1.5 hours.

We will work on getting her walking with us. This dog is going to get walked a real lot.

Present Polls

Looking through the 2012 Presidential election polls, Obama's closest competition is Romney. Rasmussen who is a decidedly conservative pollster even has Romney over Obama by 2%, otherwise all other polls has Obama beating all candidates handily.

Curiously Obama loses in most polls against a "generic" GOP Tea Party candidate. One might suspect that when the question is asked - who would you vote for Obama or someone else - the dominant answer is someone else but when a specific someone else is named like Perry, Cain, Bachmann, Gingrich, or Romney, Obama wins.

This suggests that people are not pleased with the GOP Tea Party candidates. Personally I am surprised that Cain, Perry, Bachmann, and Gingrich are even in the race they seem so not presidential. On the other hand, nothing the GOP Tea Party does should surprise anyone considering G. W. Bush was elected twice.

Real Clear Politics: President Obama vs. Republican Candidates

'After You've Gone'

Bireli Lagrene

Saturday, October 29, 2011

Good Night

Living Like 3.6 Million People In California

One suspects this budget buys a lot of white floor, bad oils, and tons of additives.

Raw Story: Congresswoman to attempt to live on $4.50/day food budget

Tassajara Bread

Nice recipe - made two loaves today and there's nothing like the smell of fresh baked bread.

Culinate.com: Tassajara Yeasted Bread

Compare And See

Read the following NYT Op-Ed column which points out how the U.S.A. ranked among other developed countries in terms of things related to poverty like - overall poverty rate, child poverty rate, senior citizen poverty rate, and more.

Long story short - we are just about at the bottom of the pile.

NY Times: America’s Exploding Pipe Dream

TRNN - Bank Of America's Death Rattle


More at The Real News

Maddow - That's Enough Wolfowitz Thank You

Visit msnbc.com for breaking news, world news, and news about the economy

Have A Good Morning

This chair and table look like they were made from hollow core doors.

The Onion - The Week In Review


Department Of Treasury Releases New 'Monsters Of The Silver Screen' $20 Bill

The Latest From Noam

Noam talks about the changing geo-political-economic landscape.

ZNET: Moral Justification
How do you see geopolitics playing out over the coming decades with the rise of the BRICs, the lack of stability in the Middle East and the decline of the west?


"The US and Europe have somewhat different problems. Europe is facing quite severe financial problems, that is no secret, that are in part traceable to the relatively human approach towards integrating the poorer countries together with the richer nations. Before the European Union was established and the poorer southern countries like Greece, Portugal and Spain were brought in, there were efforts made to reduce the sharp differences between the rich advanced countries and poorer ones – so that northern European workers wouldn't have to face competition from an impoverished and exploited working class in the south. There was compensatory funding and other measures, which – of course – didn't eliminate the gap but removed it sufficiently so that the poorer countries could be brought in without a very harsh effect on the rich northern ones.


"Europe is now paying the price of its relatively humane approach and its failure to deal with some very serious problems such as the extraordinary independence of the European Central Bank and its religious dedication to anti-inflation policies – which are not the ones that should be followed at a time of decline and recession. Europe should be doing the opposite like the US where the policies are somewhat more realistic."

Seaweed And Global Warming

This is the saddest aspect of global warming, the delicate balance of life is upset.

Live Science: Global Warming May Push Seaweeds Over the Edge

Al Jazeera - 'Terrorist Attack' Outside US Embassy In Bosnia

Al Jazeera - The Main Headlines

Uh Oh

We have a winter storm warning in effect from today at noon till 6 a.m. Sunday. Considering we have so many leaves still on the trees, its going to get dicey. Last night we bought extra gas for our generator, one of our best anticipating moves yet.

CS Monitor: A blizzard in October? Major storm could bring foot of snow to eastern US.

Tea Party Attack On Biking And Walking - Seriously

Ron Paul of Kentucky wants to redirect money allocated for bike paths and walkways to repairing bridges. Of course the money allocated for bike paths and walkways is miniscule to begin with and wouldn't repair much of any bridge.

You can petition Paul's move here.

AlterNet: What Do Republicans Have Against Biking and Walking?
Now bicyclists and pedestrians are under attack again, this time in an amendment from Kentucky Senator Rand Paul. He wants to redirect every last penny of money dedicated to bicycling and walking to bridge repair instead.

Since 2007, 2,800 cyclists and 20,000 pedestrians have died on America’s roads—many due to the lack of sidewalks, bike lanes and other safety measures that federal funds provide.

First of all, Senator Paul’s amendment will not even come close to fixing America’s bridges. Biking, walking and other so-called “transportation enhancements” that Paul wants to kill account for less than two percent of the total Transportation Bill. It would take 80 years using money saved from scrapping these programs to finance the backlog of current bridge repairs—not to mention future needs.

'Rue De Pierre'

Bireli Lagrene and Florin Niculescu playing loosely and with good vibes.

Friday, October 28, 2011

Good Night

Shame

Shame on Oakland P.D. for causing this terrible tragedy.

There's no need for police to get violent here at these Occupy protests. The people that incite trouble are usually right wing troublemakers and everybody knows it.

Raw Story: Doctors: Scott Olsen suffered brain damage and is unable to speak

Here is the link to the contact page of Oakland Mayor Jean Quan -
Mayor's contacts

Consider sending these people a note. Here's what I wrote them -
I will come directly to the point.


Shame on Mayor Jean Quan for setting up the eviction of the Occupy movement which led to the Iraq war vet Scott Olsen's brain injury, all occurring at the hands of the Oakland Police.


These people are peaceful. Get it right. Make this better.

DOW Closes Higher

The DOW closed at 12,231.11 gaining 22.56 points.

Amazing week in the stock market with the DOW rising above 12K.

Reuters: Wall Street, finishing flat, posts 4 weeks of gains

Maddow - How Wall Street Defrauded Investors

Visit msnbc.com for breaking news, world news, and news about the economy

The Daily Show - Stock & Awe

TRNN - Occupy Movement Could Focus On Speculation And Food Prices


More at The Real News

Democracy Now - Friday, October 28, 2011

DOW Lower At Noon

In the noon hour the DOW is 15 points lower.

CNN: Stocks struggle after huge rally

Have A Good Morning

The Onion - Nation Finally Breaks Down And Begs Its Smart People To Just Fix Everything

The Onion: Nation Finally Breaks Down And Begs Its Smart People To Just Fix Everything

On Contentment

"Contentment consist not in adding more fuel, but in taking away some fire." - Thomas Fuller


"Health is the greatest gift, contentment the greatest wealth, faithfulness the best relationship." - Buddha


“Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for.” - Epicurus


"The more we require or desire, the more difficult it becomes to achieve contentment. Aim to need less and these needs will be more easily meet. Fewer choices to be made regarding the acquisition, maintenance and protection of possessions and consumables allows more time and thinking space for personal enrichment. Paring down will lead to an increased sense of security if it is you who is making the decision to pare down. Give up one habit or decision or possession or the craving for a possession each day." - Steve Morris

Al Jazeera - Eurozone Strikes Debt Deal

Al Jazeera - The Main Headlines

Changing The Fear

Its difficult to make change, sometimes change creates even more anxiety.

I like the way writers are attempting to put a human face on the Occupy movement.

AlterNet: Gandhi’s Wings: Occupy Wall Street and the Redistribution of Anxiety
What does anxiety look like? You can see this drama played out as the demonstrators meditate surrounded by police whose anxiety is palpable, perhaps because the police cannot figure out which side they should really be on. You see it and hear it and feel it from all of the media pundits who are trying to "figure out," discredit, or dismiss OWS. You see it in the angry denunciations emanating from Wall Street financiers who beat their breasts and cling to the image of their legitimacy because they work so hard that they deserve their top 0.1% style mega incomes.

The Market On Friday

Good morning and welcome to the weekend. It is 28 degrees and sunny here in Upstate NY. Clearly this is the coldest day yet in this season and we are also seeing snow on the ground from yesterday's ultra premature snowstorm. I must admit it is rather beautiful, but it could have waited till around December 25th which is when it normally starts to snow - really. On a separate track - we are doing more preparations for the arrival of our new dog tomorrow. It will be great to have a dog here, its been a year since Mitchel passed away.

At 8:15 a.m. futures are moderately down, the dollar is mixed, and oil is down.

Today we are back to concerns about the Euro debt crisis. The plan came in yesterday, caused a sensation with the market literally jumping up, and now its wait a minute - is this thing for real. Smelled this one coming three days ago.

Notice that corporations keep announcing deep layoffs. Whirlpool is announcing a 5,000 worker layoff. The job creators are not creating jobs and this is getting downright ridiculous. Expect to see communes popping up all over the place where people learn how to survive in little packs growing their own food and building houses out of remnants. Seriously, its either that or we become a nation of individualist criminals robbing each other and scurrying away.

CNN: Stocks: Investors take a step back
Details about the (Eurozone debt) plan remain sketchy and doubts are creeping in.


Shares of Whirlpool tumbled 14% after the company said it plans to cut about 5,000 jobs in North America and Europe.


Oil for December delivery slipped $1.37 to $92.59 a barrel.

'Blue Train'

Bireli Lagrene and John McLaughlin

Thursday, October 27, 2011

Good Night

Nikkei Opens Higher On Friday

Reuters: Nikkei rises above 9,000 for first time since September 1

Snow!



Its snowing here, I mean its really snowing, its sticking and everything. We had a snowfall this early back in the late 80s. Its just plain too early for snow, its about 2 months early.

Reich's Latest

Interesting info on Romney here too.

Robert Reich: Wall Street is Still Out of Control, and Why Obama Should Call for Glass-Steagall and a Breakup of Big Banks

The Women At OWS

The Nation: Where Are the Women at Occupy Wall Street? Everywhere—and They're Not Going Away

Olbermann Interviews Friend Of Marine Injured By The Police In Occupy Oakland

Maddow On Occupy Oakland

Visit msnbc.com for breaking news, world news, and news about the economy

DOW Closes Much Higher

The DOW closed at 12,208.55 gaining 339.51 points.

Its been a while since it last crossed the 12K mark.

Reuters: Wall Street ends up sharply on Europe plan

The Daily Show - Weathering Fights

John takes on the Koch Brothers

TRNN - Obama And Occupy Wall Street


More at The Real News

Democracy Now - Thursday, October 27, 2011

DOW Much Higher At Noon

In the noon hour the DOW is up 310 points.

CNN: Dow soars 300 points on Europe deal

2.5 And 402,000

Surprising numbers on the economy. Could be that the next technical recession is holding off for a while.

From CNN:
U.S. economy grew at a 2.5% annual rate in third quarter, nearly double the second-quarter rate, government says.


About 402,000 people filed for the first week of unemployment claims last week, the Labor Department said Thursday.

Have A Good Morning

The Onion - Rick Perry Speech Electrifies 1,200 Scared, Miserable Racists

The Onion: Rick Perry Speech Electrifies 1,200 Scared, Miserable Racists

On Contentment

The quote is from the Dalai Lama.

Have to admit there is something amusing about a picture of the Dalai Lama peeking into people's medicine cabinets.

Otherwise, he is absolutely correct. Contentment is a key component to living well. We have a lot of discontent with our political system and the economy but even in spite of that or maybe even because of that, we can still work on being content within our own lives. Even the word contentment is helpful, its just something to contemplate - contemplate self contentment.

"On more than one occasion, when I have visited very nice homes in rich communities, I have peeked inside the medicine chest in the bathroom and found some medications to provide energy for the day and others to induce sleep at night. Contentment might do both of these jobs better since it reduces anxiety during the day, paving the way for sleeping peacefully."

Al Jazeera - Tear Gas Used On Occupy Protesters In Oakland

Al Jazeera - The Main Headlines

Changing The Paradigm

I really like this story. Its about a woman who figured out that she preferred to be around people rather than being alone all the time.

Its a simple truth and its good. We need other people.

AlterNet: Why I Decided to Live With Roomates at Age 37: How Living With Others Is Good for My Wallet, Health and Happiness
But what we might not realize is how living with others is beneficial to not only finances, but also to physical well-being. Little did I know that the loneliness I was experiencing on a daily basis in my tucked-away studio was actually bad for my health. University of Chicago psychologist John Cacioppo has spent many years tracking the effects of loneliness, according to a 2003 article in Psychology Today. Cacioppo found that loneliness leads to higher rates of depression, alcoholism and even suicide. Most dramatically, diminished interaction with others can raise levels of circulating stress hormones and levels of blood pressure, a condition that can lead to heart disease and strokes.

A new sharing economy is emerging...

The Market On Thursday

Good morning. It is 41 degrees, cloudy, and rainy here in Upstate NY. It was cold and damp as I walked this morning, this is the rawer fall weather that we know so well in these parts. There are still quite a few leaves hanging on especially on the oak trees. But this is also the time when sleeping seems easy. Maybe its because we want to hibernate through the winter.

At 8:15 a.m. futures are amazingly higher, the dollar is down, and oil is up. Barring some horrible news on the GDP or first time unemployment numbers, the market is set to pop.

Its all about a deal out of the Euro-zone on how to resolve the debt crisis especially surrounding Greece. A deal was laid out this morning and apparently there is enough there to make investors go happy and bubbly with the equities.

Now how long will this last? If we read that tomorrow its about Euro-zone worries...

CNN: Stocks set to pop on Europe debt deal
Under the new plan, Greek bondholders voluntarily agreed to write down the value of Greek bonds by 50% -- which translates into €100 billion -- and will reduce the nation's debt load to 120% of economic output from 150%.


The U.S. government will report its highly anticipated third-quarter GDP figures before the markets open.


Oil for December delivery gained $2.09 to $92.29 a barrel.

'Bad As Me'

Tom Waits

Wednesday, October 26, 2011

Veteran Shot In The Face By Police Projectile At Occupy Oakland Protests

Looks like the head cracking has recommenced.

Good Night

Nikkei Opens Higher On Thursday

Reuters: Nikkei up on euro zone progress, BOJ easing hopes

The Original Fender Guitar Factory

DOW Closes Higher

The DOW closed at 11,869.04 gaining 162.42 points.

Reuters: Bare-bones EU debt deal news enough for buyers

Richard Wolff: US Is In Serious Trouble

This clip is from July 12, 2011.

I heard Richard Wolff on 'Alternative Radio' and I was very impressed. He's direct, clear, sees a big picture, and he's very knowledgeable - an economist to pay attention to.

The Daily Show - Lewis Black: Indoctrinating America's Children

TRNN - Icelandic People Said No


More at The Real News

Democracy Now - Wednesday, October 26, 2011

DOW Higher At Noon

In the noon hour the DOW is up 46 points.

Reuters: Wall Street trims early gains on Europe, earnings

Have A Good Morning

The Onion - French Teacher Forces Student To Inform Her Of Bathroom Fire In French

The Onion: French Teacher Forces Student To Inform Her Of Bathroom Fire In French

Evidence Of Link Between Antidepressant Use During Pregnancy And Autism

Live Science: Prenatal Exposure to Antidepressants Makes Rats Act Autistic

Al Jazeera - Afghan Mothers At Risk

Al Jazeera - No Escape From Screen For Children

Shifting The Media's Eye


The AlterNet article points out that Occupy has already achieved a big victory. Essentially the media is focusing more on jobs and a lot less on the deficit probably to the chagrin of the Tea Party. In addition there is data to back this up.

Even an article like this appears at CNN today and the wording is telling - Top 1% are getting even richer

AlterNet: he Stunning Victory That Occupy Wall Street Has Already Achieved
In just one month, the protesters have shifted the national dialogue from a relentless focus on the deficit to a discussion of the real issues facing Main Street: the lack of jobs -- and especially jobs with decent benefits -- spiraling inequality, cash-strapped American families' debt-loads, and the pernicious influence of money in politics that led us to this point.

The Market On Wednesday

Good morning. It is 44 degrees and cloudy here in Upstate NY. The weather is looking and feeling perfect for Halloween - dark, damp, and spooky. It was very dark out there this morning during my early walk. I have a new LL Bean rain jacket but I can never get behind Bean's color selection. The one I wanted was out of stock so I settled on black. Not the best color to wear in the dark morning but I do carry a flashing orange flashlight which I wave around when a car approaches. Most of the walk is on a sidewalk except for a few patches where its just road and me walking on the very edge.

At 8:20 a.m. futures are moderately up, the dollar is mixed, and oil is up.

According to the articles, investors are crossing their fingers and wondering if the Euro-bailout package will cover the problem. Is it large enough? We will know later on Wednesday when the plan is revealed so one might expect to see some turbulence at that time. We could see a jump or a dive.

CNN: Stocks: Waiting for Europe's grand plan
European government heads are meeting Wednesday afternoon, after pledging to unveil a comprehensive plan to tackle the region's debt crisis.


"...is it really going to be big enough to make a dent?"


Oil for December delivery gained 43 cents to $93.60 a barrel.

'Live At Marciac 2010'

Rosenberg Trio

Tuesday, October 25, 2011

No Nukes Please

By my own calculations, they dismantled a bomb that was 750 times larger in nuclear explosive force than the bomb dropped on Hiroshima that killed 100,000 people.

Good move.

AFP: US dismantles last big Cold War nuclear bomb

Good Night

'Subject 9'

Fringe - Episode 4, Season 4

Nikkei Opens Lower On Wednesday

Looks like we are back to extreme fears on a Euro-zone debt deal.

Reuters: Nikkei falls on strong yen, European concerns

The Daily Show - End O'Potamia

Richard Wolff: Capitalism Hits the Fan

DOW Closes Lower

The DOW closed at 11,706.62 dropping 207.00 points.

Reuters: Wall St. down on Europe fears, corporate outlook

Basic Recording Techniques For An Acoustic Or Electric Guitar

Plutonomy

New term for me here, not quite the same as a plutocracy.

Plutonomy -
Economic growth that is powered and consumed by the wealthiest upper class of society. Plutonomy refers to a society where the majority of the wealth is controlled by an ever-shrinking minority; as such, the economic growth of that society becomes dependent on the fortunes of that same wealthy minority. source

Democratic Underground: Citigroup's Shocking 'Plutonomy' Reports

TRNN - Bill Black: What I'd Demand Of The Fed


More at The Real News

Democracy Now - Tuesday, October 25, 2011

DOW Lower At Noon

In the noon hour the DOW is down 71 point.

Reuters: Wall St. down on Europe debt concerns, profits

Have A Good Morning

The Onion - Mitt Romney's Goal To Connect With One Voter By The Time This Is All Over

The Onion: Mitt Romney's Goal To Connect With One Voter By The Time This Is All Over

Leftist Sleep Disorder

No harm intended to the left handed, as I am left handed.

Live Science: Disruptive Sleep Disorder Affects the Left-Handed Differently

Al Jazeera - Bangkok Flood Waters Force Difficult Decisions

Al Jazeera - Two-Day-Old Baby Rescued In Turkey

The Humble Cell Phone Camera As A Tool For Change And Accountability

It is the humble cell phone video that is keeping things honest and direct with the Occupy movement.

As much as the right likes to infiltrate left based and popular based protests and then begin some violent mischief, there is a new foil to that long standing meme.

Basically if you do something, people are going to film it from many angles and you will get identified.

I like it.

The revolution might not get televised, but it might very well get seen on Youtube.

AlterNet: How Video of Police Behaving Badly Made Occupy Wall Street a Global Phenomenon
“I tell people to document everything, record everything – it's really the best way to keep ourselves safe..."


“Public video recording has dramatically changed the landscape of police accountability – no question about it..."


...video evidence had led to the dismissal of charges against 227 protesters from one location alone during the tumultuous week of demonstrations.

The Market On Tuesday

Good morning. It is 42 degrees and cloudy here in Upstate NY. Happy to report I did my 3.0 mile run this morning with great aplomb. Here's one key to get back into running or even to begin. Spend a solid year walking a 45 minute loop about 5 to 6 days a week. Walk like you mean it. If you can't do 45 minutes, then start with less and build up slowly. Another key is consistency. You really do feel smoother and easier in your body after an aerobic workout. It does help to elevate your mood for at least a while. All I can say is that if I can do it and you are thinking about it, then you can do it. Two years ago I had a dislocated kneecap and I really thought I was finished. The walking was the remedy.

At 8:20 a.m. futures are slightly down, the dollar is mixed, and oil is way up. Oil is closing in on $95 per barrel, and so one might suspect that fuel prices will continue to fleece the working stiff and hamper those trying their damnedest to find a job or just get by in a very tough economy.

The market is set to actually rebound and rise more according to the talking heads. Always take that with a grain of salt. The brake on this rise is the European debt crisis. That crisis might be seen in a different light this week as European leaders get ready to reveal their plan for tackling the problem. Meanwhile the people in Greece are ready to go into an official revolution, unhappy with the imposed austerity and tightening of the social spending belt. The occupy movement will gain serious loyalty and a following in Greece, that's for sure.

CNN: Stocks: Europe clouds the markets
Investors are awaiting a European summit on Wednesday, a day leaders have pledged will end with a comprehensive plan to solve the region's debt crisis.


Swiss pharmaceutical company Novartis AG announced Tuesday that it will cut 2,000 jobs over the next three to five years.


Data on home prices across 20 major U.S. cities for August from the S&P/Case-Shiller index are on tap just before the open.


Oil for December delivery gained $2.91 to $94.18 a barrel.

'Gimme Shelter'

Stones live in Amsterdam 1995.

Monday, October 24, 2011

Good Night

Busy night, must scoot. I usually like to post about the Nikkei Index so I am going to guess it opens higher on Tuesday. The nice thing about blogs is that if I'm wrong I can delete it...

See you tomorrow.

Chomsky Speaks To Occupy Boston

This was on October 22nd.

The Protests Spread

Recapping some of the protests in the NYC area this last weekend.

ZNET: Occupied Wall Street Inspired Protests & Actions Spread Across NYC Area During Busy Weekend

DOW Closes Higher

The DOW closed at 11,913.62 gaining 104.83 points.

Reuters: Wall Street ends higher on M&A, Caterpillar

Frances Fox Piven Interview At OWS

This is from October 4th. Frances Fox Piven is an expert on new political movements.

Strange Bachmann Demand

Raw Story: Bachmann calls on hospitals to give away free health care

TRNN - Should Banks Be A Public Utility


More at The Real News

Democracy Now - Monday, October 24, 2011

DOW Higher At Noon

In the noon hour the DOW is up 93 points.

Reuters: S&P 500 rises 1 percent

Occupy Albany

Have A Good Morning

The Onion - Mother's Little Angel Just Made Fun Of Classmate's Weight For 30 Straight Minutes

More poignantly painful than humorous...

The Onion: Mother's Little Angel Just Made Fun Of Classmate's Weight For 30 Straight Minutes

Malignant Narcissist

Live Science: Why Moammar Gadhafi Was So Strange

Al Jazeera - Far-Right Party 'Loses Ground' In Swiss Poll

The Main Headlines

Pictures Tell The Story

I would encourage you to read the following AlterNet article and select for yourself a few relevant graphs and then re-post them all over the place. There are many to choose from.

AlterNet: The Shocking, Graphic Data That Shows Exactly What Motivates the Occupy Movement

The Market On Monday

Good morning. It is 39 degrees and cloudy here in Upstate NY. I think this might be our coldest morning yet in this Fall season. I hope you had a fine weekend. We did a lot of work puppy proofing the house, getting more ducks lined up for the arrival of our new dog this coming Saturday. We are primed for a challenging period and I'm looking forward to it. We have enough experience to know what to expect and the patience quota is good.

At 8:00 a.m. futures are flat, the dollar is mixed, and oil is slightly up.

The pendulum keeps swinging between Europe's debt crisis and economic conditions in America. This is a long standing story.

Investors will not know what is cooking in Europe till Wednesday when plans for how European leaders will solve this debt crisis are made known. Till then its still a slew of third quarter corporate reports. At the moment there seems to be a sentiment out there for more stability and less volatility.

CNN: Stocks to start the week little changed
...they were getting closer to finalizing a plan to solve the continent's (Europe's) debt crisis...a final agreement not expected before Wednesday...


"If we continue to see incremental progress out of Europe, I think you'll see less choppiness, and you could see continued gains in the U.S. equities side..."


Oil for December delivery gained 34 cents to $87.74 a barrel.

'Hippy Hippy Shake'

Beatles live at the Cavern Club.

Sunday, October 23, 2011

'Johnny English Reborn'

trailer

Good Night

Again And Again

Reuters: U.S. rating likely to be downgraded again: Merrill

Nikkei Opens Higher On Monday

Reuters: Nikkei rises on hopes for European debt solution

Republicans Have Been ‘Crossing Their Arms And Hoping For Failure’

Occupy Arrests

Reuters: About 130 arrested at Occupy Chicago protest

Have A Good Morning

The Onion - The Week In Review


Rick Perry Speech Electrifies 1,200 Scared, Miserable Racists

Economic Downturn = More Alcohol Dependence

Live Science: Recession Fuels Risky Drinking for Both Jobless and Employed

Al Jazeera - Bringing E-Books To African Schools

Finally, an uplifting story!

Al Jazeera - The Main Headlines

Coming Up On Wall Street

Good morning. It is 48 degrees and cloudy here in Upstate NY. We have worked on puppy proofing the house and yard. On Saturday I fenced in an area of the yard to keep the puppy from falling into or going into a dangerous stairwell. We are reading the books about how to work with a puppy. Even though Kaya will be our third dog, the wisdom of the experts has lost some of its glow. Next we need a large crate for when we leave the house, and we need to create a contained space in the kitchen where she can wander around while we cook and hang out. She arrives next Saturday.

For the time being the market indexes are rising. This is primarily due to stronger than expected corporate earnings combined with a sense that the European debt crisis will be contained. On the scale of influence, the Eurozone crisis is reported to be heavier.

Its important to recognize that while Greece may somehow re-regulate its economy, the Greek people are in a significantly harsher economic environment. So while Wall Street's indexes rise, and investors cheer policy decisions coming out of Europe, the ordinary people in Greece are suffering. We rarely see these two realities juxtaposed in any reporting. If we use the two degrees of separation rule, Wall Street is inadvertently cheering the reality that the Greek people will be much poorer and economically vulnerable.

Also notice that more and more investors are going on record saying that the economy will not fall back into a technical recession. The more dominating thought is that the economy creeps along with a slow GDP for several quarters accompanied by lower corporate profits. Although this sounds encouraging, the reality is that Main Street is an economic mess with high unemployment, miniscule job opportunities, virtually no job creation from the job creators, high foreclosure rates, creeping inflation, housing price deflation, and a significant shift in how the American economy operates post 2008 leading to a massive change in what we need to know in order to be employed. All this occurs no matter what some idiot who makes crappy pizza and sells it to people who obviously could make much better nutritional decisions. He's all box and no pie indeed.

CNN: Earnings forecasts look less bright
Much of what's driving worries about earnings is related to expectations for less demand from Europe and other parts of the world, including China, where indicators show growth is slowing.


The data shows S&P 500 earnings are expected to have risen 14.7 percent in the third quarter from a year ago...


"The general macroeconomic data in the U.S. continues to confirm a protracted, slow painful recovery but not a recession at this stage..."

7.2 Magnitude Quake In Turkey

CNN: Powerful earthquake strikes poor eastern Turkey

'Tristram Shandy A Cock And Bull Story'

trailer



part 1

'Sleepwalk'

Hank Marvin

Saturday, October 22, 2011

Percentages

Good Night

'Sons Of Anarchy'

trailer

This is a fascinating series. Its ostensibly about a motorcycle gang but fundamentally its about a tribe and tribal mentality.

Smiling rarely occurs in the show. People say 'I love you' and frown - fascinating. Its not about the individual, everything occurs within the context of the gang. The members intentionally subvert their individuality in order to serve the needs of the gang. It is militaristic accompanied with a method for justice and order. Its simultaneously offensive, nauseating, and attractive. Its like watching an ongoing never ending wreck, a collision of humanity with its most strained sensibilities.

Raining Satellites

I hope this is not the beginning of a regular occurrence given all the satellites now in orbit.

BBC: German Rosat spacecraft to make uncontrolled re-entry

John Bolton Wants The U.S.A. To Stay In Iraq

The neocon wants war.

'PencilHead'

Herman Cain: The Goal Of Liberals Is To Economically Destroy The United States

Okay, at this point my opinion is solidified. This clip is the clincher. This man is out of his mind. He is an ignorant fool and that is being kind.

It is telling that Cain is leading in the Tea Party polls. It speaks volumes about the absolute lack of knowledge, lack of anything resembling coherent rational policy from this wing of the political spectrum.

Cain's grasp of how the economy is functioning is many many rungs below anyone who even occasionally reads from one of the many blogs out there similar to this one. He's working in a fantasy world.

Have A Good Morning


Prophets Of Doom

Into The Deepest Ocean Trench

Al Jazeera - Fleeing Syrians Refused Refugee Status

Al Jazeera - The Main Headlines

Iraq Withdrawal

I actually thought I would never see the day when this monstrous war would come to a conclusion. Like the Afghanistan War there was no clear conclusion point, no real metric that meant a victory was at hand, and no real profound reason why the war occurred and needed to be entered in the first place other than the bizarre desire of a handful of crazed neocons given full reign by a golf loving policy disinterested president supported by a military industrial complex always in need of a massive public money fix and trumpeted by their paid political lackeys in the Senate and in the Congress. And let's not forget the right wing media fog horn pushing patriotism and a boatload full of half truths and lies to the great sheeple farm.

CS Monitor: Iraq withdrawal: With US troops set to exit, 9-year war draws to close
Most of the 39,000 troops still in Iraq should be “home for the holidays,” the president added, although the logistical challenges involved in removing so many soldiers in such a short time could mean the final few will not leave until January.

Occupy The Boardroom - Letters Of Outrage

Its very simple and straightforward. People are writing their own personal stories about trying to live within very difficult economic times while big banking is turning the screws tighter and harsher. They are posted on Occupy The Boardroom. The idea is to get these stories into the hands of the elite, make them understand that we need changes.

I would encourage you to read a letter or two. The stories are real. People are hurting and this is what is driving OWS.

AlterNet: Occupy the Boardroom: 9 Angry, Heart-Breaking Messages to Wall Street's Elites From the 99%
Ordinary people can post their letters to Occupy The Boardroon, and activists promise to do whatever it takes to deliver them to the intended recipients.


“...making sure that the 1 percent, Congress and the media, finally understand who’s behind the Occupy movement – Americans, struggling because of the terrible, immoral and illegal decisions made by the top execs in the banking industry.”

'Everlong'

Foo Fighters

Friday, October 21, 2011

Good Night

'Midnight Sun Iceland'

Occupy Albany Begins

CBS6: Occupy protesters gather next to NY state Capitol

DOW Closes Significantly higher

The DOW closed at 11,809.02 gaining 267.24 points.

CNN: Stocks rally, but Europe better get it right

Maddow On Koch Brothers

Visit msnbc.com for breaking news, world news, and news about the economy

The Daily Show - No'Amor Qaddafi

TRNN - Gaddafi's Murder And International Law


More at The Real News

Democracy Now - Friday, October 21, 2011

Out Of Iraq

A monstrous ugly war that should never have happened.

From Reuters -
Breaking News: Obama to announce U.S. will complete withdrawal of troops from Iraq by year end: White House official

DOW Higher At Noon

In the noon hour the DOW is up 203 points.

Speaking of b.s. -

Reuters: Walmart trims certain employee health coverage

Have A Good Morning

Saved our bacon -

The Onion - Report: 40,000 People Died On Ferris Wheels This Summer

The Onion: Report: 40,000 People Died On Ferris Wheels This Summer

Utah Depression

Live Science: Suicidal Thoughts Highest in Utah, National Survey Finds

Al Jazeera - Who Are The PKK?

Al Jazeera - The Main Headlines

Security State

Our growing military state explored...

AlterNet: Why Do You Pay $1.2 Trillion a Year to Prop Up a Vast, Secretive National Security State?