Saturday, November 30, 2013
A Seperate Reality
Hey, somebody has to peal the potatoes, and empty the bed pans, so they can't completely inoculate themselves from the riff raff scum. It's called Freedom Ship, and that means freedom from you and me.
Raw Story: Florida man’s $10 billion plan to build ‘floating city’ for the wealthy is ‘a live project again’
Raw Story: Florida man’s $10 billion plan to build ‘floating city’ for the wealthy is ‘a live project again’
Defense
There's a new pissing match going on. Just what we need.
The Economist: Face-off - China’s new air-defence zone suggests a worrying new approach in the region
The Economist: Face-off - China’s new air-defence zone suggests a worrying new approach in the region
Saturday
Brilliantly sunny here as we head into the afternoon, it's too nice to stay in. See you later.
Friday, November 29, 2013
DOW Higher At Noon
In the noon hour the DOW is at 16,144.93 up 47.60 points.
CNN: Food stamp cuts hit hard this Thanksgiving
CNN: Food stamp cuts hit hard this Thanksgiving
The Market On Friday
Good morning. It is 25 degrees and overcast here in Upstate NY. The weather seems very appropriate for this holiday weekend. I do hope your Thanksgiving gathering was good and if you were by yourself, that you had a restful day. Our gathering was very relaxed and pleasant, I don't think it could have been better. We are grateful for having friends that join us and share the good food.
At 8:45 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher but energy stocks may trail behind.
The market closes at 1 this afternoon. Indexes are at an all time tine high and as the Christmas marketing period gets under way, the strength of retailers will begin to come into focus. It is consumer buying that is a main driving force in the economy. Regardless, today we might just sneak away with a stable market, maybe.
CNN: Stocks: Set to end November on a high
At 8:45 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher but energy stocks may trail behind.
The market closes at 1 this afternoon. Indexes are at an all time tine high and as the Christmas marketing period gets under way, the strength of retailers will begin to come into focus. It is consumer buying that is a main driving force in the economy. Regardless, today we might just sneak away with a stable market, maybe.
CNN: Stocks: Set to end November on a high
Trading is likely to be quiet Friday, with U.S. indexes closing at 1:00 p.m. ET after being shuttered Thursday for the Thanksgiving holiday.
Thursday, November 28, 2013
Thanks
Greetings on Thanksgiving Day. It's cold here, below freezing and sunny at the moment. I'm going to give all of us something today, that would be a break from the news. Let's give ourselves a rest. So, no posts on the less than perfect primarily human interactions that we observe every day. Do have a great day, thanks for coming to the blog and poking around at the things I post and find interesting. Watch football if you must and otherwise absorb all of the goodness.
Giving
“We make a living by what we get. We make a life by what we give.” ― Winston Churchill
“For it is in giving that we receive.” ― St. Francis of Assisi
“You give but little when you give of your possessions. It is when you give of yourself that you truly give.” ― Kahlil Gibran
Wednesday, November 27, 2013
DOW Closes Higher
The DOW closed at 16,097.33 gaining 24.53 points.
From CNN:
From CNN:
Dow and S&P 500 set record closing highs in light pre-Thanksgiving trading. Nasdaq finishes at 13-year high.
DOW Higher At Noon
In the noon hour the DOW is at 16,092.93 up 20.13 points.
CNN: Investors feast on stocks before Thanksgiving
CNN: Investors feast on stocks before Thanksgiving
The Market On Wednesday
Good morning. It is 37 degrees and raining here in Upstate NY. We are in for a very wet day as most of yesterday's snow dissolves away. Thanksgiving preparations are in full swing everywhere. I like Thanksgiving, always have, the only thing I can do without is the football as I am not a fan in the least. Actually over time I have come to think of it as a brutal sport harkening back to the Roman Coliseum - basketball, now that's a sport.
At 8:00 a.m. ET futures are modestly higher and the price of oil per barrel is lower. The market is poised to open in the mixed area.
As you know the indexes are perched at amazingly high record breaking peaks. How long this lasts is puzzling all from the experts to the novices. Today investors will be parsing data on employment, durable goods, and consumer sentiment as everyone hopes for an easy transition to the holiday.
CNN: Stocks: Cheery mood on Thanksgiving eve
At 8:00 a.m. ET futures are modestly higher and the price of oil per barrel is lower. The market is poised to open in the mixed area.
As you know the indexes are perched at amazingly high record breaking peaks. How long this lasts is puzzling all from the experts to the novices. Today investors will be parsing data on employment, durable goods, and consumer sentiment as everyone hopes for an easy transition to the holiday.
CNN: Stocks: Cheery mood on Thanksgiving eve
The main indexes in the U.S. have risen by 23% to 33% so far this year thanks to an economic recovery spurred on by the U.S. Federal Reserve.
Tuesday, November 26, 2013
More Reserves
Guardian UK: Why are fossil fuel reserves growing? – interactive - New data collated by Oil Change International (OCI) shows how global fossil fuel reserves are growing, while the world's remaining carbon budget is shrinking.
Scientists agree that at least two thirds and possibly more of the world’s current, proven reserves of oil, gas, and coal must not be burned if we are to avoid the worst impacts of climate change.
The Market On Tuesday
Good morning. It is 28 degrees and lightly snowing here in Upstate NY. Yes, that is snow out there, time to get used to it. That loud scream you heard this morning which was followed by a great sigh was from all the people living in Northeast waking up to a white landscape. Bottom line - stay safe, leave lots of room between you and the other guy on the road, and remember that it's quite beautiful.
At 8:55 a.m. futures are flat and the price of oil per barrel is slightly up. The market is poised to open flat to slightly higher.
As it is a holiday week, investors will be taking vacations and so trading volume will be lower all week. Today investors will parse data on housing and consumer confidence which begs the question - how confident are you? Let's be honest, we're pretty confident.
CNN: Stocks: Drifting into holiday mode
At 8:55 a.m. futures are flat and the price of oil per barrel is slightly up. The market is poised to open flat to slightly higher.
As it is a holiday week, investors will be taking vacations and so trading volume will be lower all week. Today investors will parse data on housing and consumer confidence which begs the question - how confident are you? Let's be honest, we're pretty confident.
CNN: Stocks: Drifting into holiday mode
Trading volumes are expected to remain low this week as investors gear up for Thursday's U.S. Thanksgiving holiday.
...(on Monday) the Nasdaq crossed 4,000 for the first time in more than 13 years.
Monday, November 25, 2013
Good Night
James Franco & Seth Rogen - 'Bound 3 (Vague)' It is a frame by frame spoof re-shoot of a Kanye West tune and as I don't know Kanye West's music at all that part of it is moot to me. Otherwise this is a very serious cringe worthy effort of an original and also cringe worthy effort. Not all pop music is great.
DOW Closes Higher
In the noon hour the DOW is at 16,072.54 up 7.77 points.
CNN: Oil prices tumble after Iran nuclear deal
CNN: Oil prices tumble after Iran nuclear deal
The Market On Monday
Good morning. It is a very cold 20 degrees and sunny here in Upstate NY. Not only that but take a look at this - Nasty weather wallops much of U.S. just before Thanksgiving. That storm is heading our way. It could be a very white Thanksgiving in these parts. Regardless, I hope you had a very restful and fine weekend.
At 8:35 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher with some energy and related stocks trailing behind.
Investors are happy about the deal brokered with Iran and the rest of the world. This has resulted in a drop in oil prices, a relaxation of economic sanctions which will boost sales into Iran, and an overall drop in global blood pressure as the rest of the world let's out a small sigh of relief.
CNN: Stocks: Iran deal boosts investor enthusiasm
At 8:35 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher with some energy and related stocks trailing behind.
Investors are happy about the deal brokered with Iran and the rest of the world. This has resulted in a drop in oil prices, a relaxation of economic sanctions which will boost sales into Iran, and an overall drop in global blood pressure as the rest of the world let's out a small sigh of relief.
CNN: Stocks: Iran deal boosts investor enthusiasm
The deal brokered between the U.S., U.K., France, Russia, China and Germany curtails Iran's ability to develop a nuclear weapon.
Sunday, November 24, 2013
Art Revolutionaries
Voina
Voina is a revolutionary group of Russian artists that engages in radical street protest actions.
Saturday, November 23, 2013
Good Night
'Status Update'
WINNER SPECIAL JURY PRIZE - STATUS UPDATE - a facebook fairytale from Director DANIEL REISINGER on Vimeo.
'Music For 18 Musicians'
The profoundly gorgeous salient work of Steve Reich performed with great joy.
Friday, November 22, 2013
Market Place - Dow hits 16,000; Where Will It Go Next? + Longreads
click the MarketPlace logo then roll through the stories you want to hear.
Good Night
'November 22, 1963 - Errol Morris's JFK Assassination Documentary (2/2)'
November 22, 1963 - Errol Morris's JFK Assassination Documentary (2/2) from The New York Times - Video on Vimeo.
DOW Closes Higher
The DOW closed at 16,064.77 gaining 54.78 points.
From CNN -
From CNN -
S&P 500 ends over 1,800 for the 1st time, Dow posts 7th straight week of gains and closes at a record of 16,064.
The Daily Show - Dem Nukem
The Daily Show
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DOW Higher At Noon
In the noon hour the DOW is at 16,025.55 up 15.56 points.
CNN: California: 10K a day applying for Obamacare
CNN: California: 10K a day applying for Obamacare
The Market On Friday
Good morning. It is 39 degrees and cloudy with light rain here in Upstate NY. Today is a classic gray Upstate NY November day. We add color into the day by ourselves with our activities and creativity. We are gearing up for Thanksgiving - furniture is getting rearranged, clutter is getting placed in remote rooms, and the process of serious cleaning has begun. The weekend will demand much more.
At 8:40 a.m. ET futures are slightly higher and the price of oil per barrel is down. The market is poised to open mixed.
In case you have not noticed, the DOW closed above 16,000 for the first time ever on Thursday. So now what happens? Technically only three things can happen - the indexes go higher, stay the same, or go lower. The building but not necessarily accurate consensus is that the liquidity of the q.e.s has juiced the corporate ledger book and equities into a bubble. When q.e. is pulled a correction will occur. One suspects that the minds at the Fed have been wrestling with this for a while. How do you soften the landing without there being a dramatic crash in the stock market once again. In the meanwhile, it's quite possible to see more increases as well. Why not.
CNN: Stocks: Gearing up for another record?
At 8:40 a.m. ET futures are slightly higher and the price of oil per barrel is down. The market is poised to open mixed.
In case you have not noticed, the DOW closed above 16,000 for the first time ever on Thursday. So now what happens? Technically only three things can happen - the indexes go higher, stay the same, or go lower. The building but not necessarily accurate consensus is that the liquidity of the q.e.s has juiced the corporate ledger book and equities into a bubble. When q.e. is pulled a correction will occur. One suspects that the minds at the Fed have been wrestling with this for a while. How do you soften the landing without there being a dramatic crash in the stock market once again. In the meanwhile, it's quite possible to see more increases as well. Why not.
CNN: Stocks: Gearing up for another record?
...many investors are increasingly worried that stocks are in bubble territory.
Thursday, November 21, 2013
Caution Sign
Reuters: Investors wary of stock surge, even as money piles in
...ample liquidity could push equities higher regardless of fears.
The Daily Show - Strife Of Pie
The Daily Show
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DOW Higher At Noon
In the noon hour the DOW is at 15,989.54 up 88.72 points.
CNN: Stocks up, but retailers slip on poor outlook
CNN: Stocks up, but retailers slip on poor outlook
The Market On Thursday
Good morning. It is 23 degrees and sunny here in Upstate NY. It's really cold and the ground is frosted over. Fans of NY basketball the world over are in free fall now knowing that their beloved team the NY Knicks is a sham. They lost another close one last night and blew opportunity after opportunity to win. It could be a long winter.
At 8:35 a.m. ET future are modestly higher and the price of oil per barrel is up. The market is poised to open slightly higher.
Investors are surprised to learn that the Fed may indeed shut down quantitative easing without a significant improvement in the job market. With not much happening in the jobs market it seemed like a sure thing that q.e. would go on - not so. This morning Janet Yellen is set to get approved as the new Fed Chair and start a new reign in this most powerful of global positions.
CNN: Stocks: Zigzagging after Fed minutes
At 8:35 a.m. ET future are modestly higher and the price of oil per barrel is up. The market is poised to open slightly higher.
Investors are surprised to learn that the Fed may indeed shut down quantitative easing without a significant improvement in the job market. With not much happening in the jobs market it seemed like a sure thing that q.e. would go on - not so. This morning Janet Yellen is set to get approved as the new Fed Chair and start a new reign in this most powerful of global positions.
CNN: Stocks: Zigzagging after Fed minutes
...the latest Federal Reserve meeting revealed that Fed officials may start winding down their stimulus program for reasons other than an improving job market.
Wednesday, November 20, 2013
90
Say hello to global warming, and it's not like we didn't have anything to do with it. These companies got rich and they made many many people wealthy too. All of the booms and tech of the last century come from oil as cheap energy. Look at most pension funds and they are chocked full of big oil equities. The ultimate price is as steep as it gets, and we know it too.
Guardian UK: Just 90 companies caused two-thirds of man-made global warming emissions - Chevron, Exxon and BP among companies most responsible for climate change since dawn of industrial age, figures show
Guardian UK: Just 90 companies caused two-thirds of man-made global warming emissions - Chevron, Exxon and BP among companies most responsible for climate change since dawn of industrial age, figures show
DOW Closes Lower
The DOW closed at 15,900.82 dropping 66.21 points.
CNN: Stocks pull back after Fed minutes
CNN: Stocks pull back after Fed minutes
But according to the minutes, the Fed suggested it could taper for reasons other than substantial improvement in the job market.
DOW Higher At Noon
In the noon hour the DOW is at 15,978.91 up 11.88 points.
CNN: $1.2M gold haul found on plane in India
CNN: $1.2M gold haul found on plane in India
Blogger Is Sick This Morning
I don't know what is going on with blogger but my posts from this morning are not showing up on the main page. They show up in the side bar and when you click it they appear but otherwise they are not showing on the main page. Blogger goes through these conniptions periodically. Bear with it.
DOW Closes Lower
The DOW closed at 15,967.03 dropping 8.99 points.
CNN: JPMorgan agrees to $13 billion mortgage settlement
CNN: JPMorgan agrees to $13 billion mortgage settlement
The Daily Show - Katrina The Healthcare Glitch
The Daily Show
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DOW Higher At Noon
In the noon hour the DOW is at 15,993.07 up 17.05 points.
CNN: 8 things to know about the 2013 bull market
CNN: 8 things to know about the 2013 bull market
The Market On Tuesday
Good morning. It is 40 degrees and cloudy here in Upstate NY. The weather logo is pointing to a mixed day of sun and clouds. Curious to see that Zimmerman is in jail now for pointing a rifle into his girlfriend's face. Karma is tough. One suspects the guy is feeling rather full of himself and invincible in light of killing an unarmed teen and walking away scot-free. Regardless of his past, his present is showing a dangerously violent person.
At 8:35 a.m. ET futures are flat and the price of oil per barrel is down. The market is poised to open flat to lower.
It is a step back and take a look at where we are at type of morning. The DOW passed 16,000 yesterday morning and that is quite a perch. Interesting article yesterday from Reuters which pointed out that the balance sheets of corporations are looking pretty fluffy right now more as a result of cheap money AKA Q.E. 1 through 3, than of any type of super human managing skills. Cheap money can make your balance sheet look real good and then when you get into interest rate swaps and credit default swaps, we have these curious modern economic instruments that produce blazing profits.
CNN: Stocks: Stepping back from record highs
At 8:35 a.m. ET futures are flat and the price of oil per barrel is down. The market is poised to open flat to lower.
It is a step back and take a look at where we are at type of morning. The DOW passed 16,000 yesterday morning and that is quite a perch. Interesting article yesterday from Reuters which pointed out that the balance sheets of corporations are looking pretty fluffy right now more as a result of cheap money AKA Q.E. 1 through 3, than of any type of super human managing skills. Cheap money can make your balance sheet look real good and then when you get into interest rate swaps and credit default swaps, we have these curious modern economic instruments that produce blazing profits.
CNN: Stocks: Stepping back from record highs
"Nobody really wants to be buying right at the top."
Investors were awaiting a number of corporate announcements, which could help set market direction.
Monday, November 18, 2013
Caution
Reuters: Icahn cautious on stocks, will not walk away from Apple
... earnings at many companies are fueled more by low borrowing costs rather than the strength of management.
Ban
Market Place: Google and Microsoft will crack down on child porn searches
Google and Microsoft have agreed to ban searches for 100,000 words in an effort to clamp down on child pornography.
DOW Higher At Noon
In the noon hour the DOW is at 16,005.62 up 43.92 points.
Never thought I'd see the DOW over 16,000, and never thought I'd see a mayor of a major city like Ford again either.
CNN: Ford says he didn't lie about crack use
Never thought I'd see the DOW over 16,000, and never thought I'd see a mayor of a major city like Ford again either.
CNN: Ford says he didn't lie about crack use
The Market On Monday
Good morning. It is 52 degrees and sunny here in Upstate NY. I hope you had a very reviving and refreshing weekend. I spent a lot of the weekend resting and watching movies on Netflix. I did get out a bit for the usual weekend chores and such. Truth is Thanksgiving is dominating the scene with preparations for the fancy meal well under way.
At 8:35 a.m. ET futures are moderately higher and the price of oil per barrel is lower. The market is poised to open slightly higher.
To everyone's surprise we might very well see the DOW break 16,000 soon maybe even today. The DOW is presently at 15,961.70 so we are obviously very close. Considering that there appears to be some positive carry over from last week and a positive sentiment about new economic guidelines in China, the 16,000 threshold could be crossed this morning. It's all uncharted territory.
CNN: Stocks edge toward new milestones
At 8:35 a.m. ET futures are moderately higher and the price of oil per barrel is lower. The market is poised to open slightly higher.
To everyone's surprise we might very well see the DOW break 16,000 soon maybe even today. The DOW is presently at 15,961.70 so we are obviously very close. Considering that there appears to be some positive carry over from last week and a positive sentiment about new economic guidelines in China, the 16,000 threshold could be crossed this morning. It's all uncharted territory.
CNN: Stocks edge toward new milestones
Asian markets rallied, with Chinese stocks jumping significantly higher after a new document from the government outlined important reform plans for the country.
Sunday, November 17, 2013
Market Place - Weekly Wrap: No Yellin' At Yellen
This is an incredibly good segment that is often heard on NPR and which I now intend to post regularly.
Deforestation
Speaking in very general terms, three major topics have very strong implications about humanity's future, in my opinion. These are the grand daddy stories so to speak. The first is the exploration of space and what we are learning about exoplanets and such. The second is global warming, as this will shape how we exist on Earth for centuries to come. The third is mankind's overall well being - physical, emotional, and especially spiritual and all of the conditions and circumstances that effect it. Stuff like the power plays in Washington and fighting over the alleged direction of the country fall under these categories, not really above them.
Deforestation is a very big deal. Trees hold CO2 and when they are destroyed that CO2 doesn't disappear, it goes back into the atmosphere. So here we have a double whammy. On one hand the forests are destroyed for big farming especially meat production, for the natural resources which make their way into the market place in one form or another, and for urban development and other human habitat expansion. On the other hand, we are simultaneously removing an essential lifeline in maintaining the environment when deforestation occurs. The primary goal in deforestation is to increase wealth.
In a sense the practice of deforestation hits on all three of my above mentioned overall topics. Deforestation makes the world that much more barren, that much more of an environment less hospitable to living beings not just humans. And so the idea occurs to people that somehow we need to find a better planet because we are exploiting this one to pieces. The second topic is global warming, and we know how deforestation affects that already. And the third is humanity's overall well being because in our drive to create wealth and prosperity, we simultaneously in the case of deforestation reduce our environment. We sell the ground out right from under our feet to create wealth and this changes our sense of being.
Guardian UK: Amazon deforestation increased by one-third in past year - Satellite analysis reveals that since 2000 an area equal to 50 football pitches has been destroyed every minute since 2000
Deforestation is a very big deal. Trees hold CO2 and when they are destroyed that CO2 doesn't disappear, it goes back into the atmosphere. So here we have a double whammy. On one hand the forests are destroyed for big farming especially meat production, for the natural resources which make their way into the market place in one form or another, and for urban development and other human habitat expansion. On the other hand, we are simultaneously removing an essential lifeline in maintaining the environment when deforestation occurs. The primary goal in deforestation is to increase wealth.
In a sense the practice of deforestation hits on all three of my above mentioned overall topics. Deforestation makes the world that much more barren, that much more of an environment less hospitable to living beings not just humans. And so the idea occurs to people that somehow we need to find a better planet because we are exploiting this one to pieces. The second topic is global warming, and we know how deforestation affects that already. And the third is humanity's overall well being because in our drive to create wealth and prosperity, we simultaneously in the case of deforestation reduce our environment. We sell the ground out right from under our feet to create wealth and this changes our sense of being.
Guardian UK: Amazon deforestation increased by one-third in past year - Satellite analysis reveals that since 2000 an area equal to 50 football pitches has been destroyed every minute since 2000
Saturday, November 16, 2013
Friday, November 15, 2013
DOW Closes Higher
The DOW closed at 15,961.70 gaining 85.48 point.
CNN: Retired union workers facing 'unprecedented' pension cuts
CNN: Retired union workers facing 'unprecedented' pension cuts
The Daily Show - Fed Med Redemption
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DOW Higher At Noon
In the noon hour the DOW is at 15,911.06 up 34.84 points.
Reuters: Global stocks, oil, gold gain on promise of stimulus
Reuters: Global stocks, oil, gold gain on promise of stimulus
Getting To Know You
People are falling all over themselves for this guy without even taking a look at what's important which is what policy issues he promotes. This guy is not a moderate.
AlterNet: Chris Christie Is an Extreme Right-Winger -- Don't Fall for His "Moderate" Act - Behind the facade, Christie is a Bush/Cheney-esque neoconservative promoting the old politics of division and ignorance.
AlterNet: Chris Christie Is an Extreme Right-Winger -- Don't Fall for His "Moderate" Act - Behind the facade, Christie is a Bush/Cheney-esque neoconservative promoting the old politics of division and ignorance.
The Market On Friday
Good morning. It is 37 degrees and sunny here in Upstate NY. If today is anything like yesterday, we are in for a golden day. I know Thanksgiving is two weeks away but the feel of the holiday is already here. Plans are laid, the gatherings are mostly scheduled, we feel it coming. As I'm not in the least little bit a football fan, that part of the equation holds no importance for me. With all the scientific evidence coming forth about the real dangers of the sport to the professional athletes, I don't want to even watch the highlights. Hard for me to support something that holds a promise of extreme future disability.
At 8:30 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open moderately higher.
The DOW is to our amazement closing in on 16,000. It's real close and one suspects that it very well could become a reality. Investors were pleased to hear Janet Yellen support the program of quantitative easing which adds cheap liquidity into the commercial system. This is all gravy because it's hard to understand how the present index numbers can remain when the program is curtailed. A correction is coming, when and how deep, who knows but it's not today.
CNN: Stocks on the cusp of key milestones
At 8:30 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open moderately higher.
The DOW is to our amazement closing in on 16,000. It's real close and one suspects that it very well could become a reality. Investors were pleased to hear Janet Yellen support the program of quantitative easing which adds cheap liquidity into the commercial system. This is all gravy because it's hard to understand how the present index numbers can remain when the program is curtailed. A correction is coming, when and how deep, who knows but it's not today.
CNN: Stocks on the cusp of key milestones
...Federal Reserve chair nominee Janet Yellen told a Senate panel that she is determined to support the U.S. economic recovery, and believes the Fed's bond-buying program still has the power to help.
Thursday, November 14, 2013
The Daily Show - Racist Or Not Racist?
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The Market Of Thursday
Good morning. It is 29 degrees and sunny here in Upstate NY. The logo is calling for a sunny day today and warmer weather in the next few days. We'll take it. Spent a little bit of last night watching the last James Bond film on Netflix. I have to say it was a lot of fun, that Bond is quite the man. Very happy to see the NY Knicks pull out a win against the Hawks. They really needed a win, however tonight they will have their hands very full facing the Rockets in the Garden on a back to back.
At 8:40 a.m. ET futures are slightly higher and the price of oil per barrel is down. The market is set to open in a subtle mixed position.
Investors were pleased to read prepared remarks from soon to be Fed Chair Yellen indicating that she is strongly compelled to continue q.e in order to bolster the woozy economy. That was music to their ears, cheap low interest liquidity for all. Lots of inside people are getting ridiculously wealthy on this.
CNN: Stocks: Set to hit fresh highs
At 8:40 a.m. ET futures are slightly higher and the price of oil per barrel is down. The market is set to open in a subtle mixed position.
Investors were pleased to read prepared remarks from soon to be Fed Chair Yellen indicating that she is strongly compelled to continue q.e in order to bolster the woozy economy. That was music to their ears, cheap low interest liquidity for all. Lots of inside people are getting ridiculously wealthy on this.
CNN: Stocks: Set to hit fresh highs
Yellen -- who is expected to become the new head of the Fed in early 2014 -- will appear before the Senate Banking Committee at 10 a.m. ET.
Her prepared remarks to the committee, released late Wednesday, show that she intends to encourage growth by maintaining accommodative monetary policies.
Wednesday, November 13, 2013
Palin Rants On The 'Liberal' Pope
The woman is full of herself, sans humility, and full of arrogance.
Pema's Weekly Advice
ANY ENCOUNTER OFFERS US A CHOICE
This is an idea that seems difficult for Westerners to accept: when someone harms us, they create the cause of their own suffering. They do this by strengthening habits that imprison them in a cycle of pain and confusion. It’s not that we are responsible for what someone else does, and certainly not that we should feel guilty. But when they harm us, we unintentionally become the means of their undoing. Had they looked on us with loving-kindness, however, we’d be the cause of their gathering virtue.
What I find helpful in this teaching is that what’s true for them is also true for me. The way I regard those who hurt me today will affect how I experience the world in the future. In any encounter, we have a choice: we can strengthen our resentment or our understanding and empathy. We can widen the gap between ourselves and others or lessen it.
The Daily Show - Chatty Chatty Boom Boom
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Global Warming - The Philippines
The Philippines is presently losing roughly 5% of its economy per year because of global warming. If there is one country that is truly feeling the heat and under direct attack from global warming, it is the Philippines. They are the first canary in the mine shaft.
AlterNet: "Stop This Madness": Filipino Climate Chief Begins Hunger Fast to Protest Global Inaction - Climate negotiator from the Philippines gave an emotional appeal to the world to address the climate crisis following Typhoon Haiyan.
AlterNet: "Stop This Madness": Filipino Climate Chief Begins Hunger Fast to Protest Global Inaction - Climate negotiator from the Philippines gave an emotional appeal to the world to address the climate crisis following Typhoon Haiyan.
The Market On Wednesday
Good morning. It is 25 degrees and sunny here in Upstate NY. That is cold. I can't say it enough, please get a hold of a copy of Rick Hanson's Hardwiring Happiness: The New Brain Science of Contentment, Calm, and Confidence. This book will answer a big part of the puzzle if you are the kind of person that is seeking happiness and contentment and thinks that that is a real possibility in your life. If you have given up on that possibility, then get the book anyhow and read it, don't let it sit by the night table, read it. The facts presented in this book are extraordinarily compelling and the light bulb will go on and who doesn't need the light bulb to go on. There's no age limit here, this information and understanding will work for you.
At 8:40 a.m. ET futures are moderately lower and the price of oil per barrel is slightly higher. The market is poised to open with a whimper.
Two currents are tugging on pre-market numbers. The first is the ongoing concern over the abatement of quantitative easing and how that concern will be affected by soon to be new Fed Chair, Janet Yellen. The second concern is some new fangled economic policy coming out of China. I don't know what that is all about yet, but recall that China is the darling of the finance world with it's seemingly endless ability to crank out junk as the world's great producer of stuff. You know what I'm talking about. One suspects that investors don't want that massive boat rocked but something is up there and that causes market stress.
CNN: Stocks: Sluggish start to the day
At 8:40 a.m. ET futures are moderately lower and the price of oil per barrel is slightly higher. The market is poised to open with a whimper.
Two currents are tugging on pre-market numbers. The first is the ongoing concern over the abatement of quantitative easing and how that concern will be affected by soon to be new Fed Chair, Janet Yellen. The second concern is some new fangled economic policy coming out of China. I don't know what that is all about yet, but recall that China is the darling of the finance world with it's seemingly endless ability to crank out junk as the world's great producer of stuff. You know what I'm talking about. One suspects that investors don't want that massive boat rocked but something is up there and that causes market stress.
CNN: Stocks: Sluggish start to the day
Investors were digesting a Chinese Communist Party communique on economic reform that was heavy on jargon but light on specifics.
Tuesday, November 12, 2013
Stayin' Alive Rita Hayworth
After watching this, the modern theory about how all American female singers/dancers must perform as close to naked as possible is shot. This is not a modern theory, it's an American tradition. Regardless, she is utterly stunning.
Good Night
The making of 'The Bear And The Hare'
John Lewis 'The Bear & The Hare' - The Making Of from Blink on Vimeo.
The Daily Show - 60 Minutes: Meh Culpa
The Daily Show
Get More: Daily Show Full Episodes,The Daily Show on Facebook
DOW Lower At Noon
In the noon hour the DOW is at 15,728.58 down 54.52 points.
In my opinion, the following article is extremely important for many reasons. It shows that the Obama Administration is fundamentally about a business as usual policy in spite of the rhetoric on climate change and green energy. The will and power to change from business as usual to something greener among are political leaders, even our alleged progressive leaders, is simply not there. The U.S. is a leading contributor to CO2 in the world's atmosphere, this is all the proof you need to know that that contribution will at best stay the same or at worst increase.
CNN: U.S. to become top oil producer by 2015
In my opinion, the following article is extremely important for many reasons. It shows that the Obama Administration is fundamentally about a business as usual policy in spite of the rhetoric on climate change and green energy. The will and power to change from business as usual to something greener among are political leaders, even our alleged progressive leaders, is simply not there. The U.S. is a leading contributor to CO2 in the world's atmosphere, this is all the proof you need to know that that contribution will at best stay the same or at worst increase.
CNN: U.S. to become top oil producer by 2015
The Market On Tuesday
Good morning. It is 29 degrees and cloudy here in Upstate NY. The weather logo is showing sun with some clouds today. The rawness of November is here along with the accompanying grayness. My chiropractor recommended hitting the tanning machine for a short burst of time 5 to 7 minutes or so, about 2 to 3 times a month. This is in an effort to get that vitamin D and help to hold at bay the Winter blues. I know people who are already a little blue about the incoming Winter. Our choice is whether or not to put effort into finding the joyful parts of the Winter.
At 8:40 a.m. ET futures are slightly lower and the price of oil per barrel is down. The market is poised to open lower.
This morning's CNN article is almost nostalgic in tone. The indexes have run up to record highs this year, and now what. The next larger concern will be coming to terms with how Yellen commands the Fed and remembering that the Fed is the largest central bank on the globe meaning it is central to the global economy. At some point quantitative easing will taper off and the flow of lower interest interbank money will tighten. This is the big concern right now as it will effect the value of probably most equities. In a way we are being prepared for a downturn but the hope is we have a soft landing.
CNN: Stocks: Rally losing momentum?
At 8:40 a.m. ET futures are slightly lower and the price of oil per barrel is down. The market is poised to open lower.
This morning's CNN article is almost nostalgic in tone. The indexes have run up to record highs this year, and now what. The next larger concern will be coming to terms with how Yellen commands the Fed and remembering that the Fed is the largest central bank on the globe meaning it is central to the global economy. At some point quantitative easing will taper off and the flow of lower interest interbank money will tighten. This is the big concern right now as it will effect the value of probably most equities. In a way we are being prepared for a downturn but the hope is we have a soft landing.
CNN: Stocks: Rally losing momentum?
Stocks have surged this year thanks to a slowly recovering economy and continued bond buying from the Fed, leaving the major U.S. indexes sitting at or near record highs.
Monday, November 11, 2013
Gold
Bloomberg: Hedge Funds Cut Bullish Gold Bets on Fed Stimulus Outlook
Gold has tumbled 24 percent this year, heading for the biggest drop since 1981...
Bullion will probably hold near $1,300 until year-end and then decline to $1,050 at the end of 2014...Goldman Sachs Group Inc. wrote...
A Very Intimate Neighbor
This is about the guy who is attempting to set up an all white supremacist town in N. Dakota.
Raw Story: Talk show host delivers DNA test results to white supremacist town founder: ‘You have a little black in you’
Raw Story: Talk show host delivers DNA test results to white supremacist town founder: ‘You have a little black in you’
Far Right Riots In Warsaw
These people want 'traditional marriage values', no abortion, and a return to old style Polish values and customs and they are angry about it enough so as to cause property damage and hurt people.
Reuters: Rioters leave trail of destruction in Polish capital
Reuters: Rioters leave trail of destruction in Polish capital
DOW Higher At Noon
In the noon hour the DOW is at 15,782.31 up 20.53 points.
CNN: Looking for a reason to keep buying stocks
CNN: Looking for a reason to keep buying stocks
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