I wonder if there's a seasonal adjustment component to all these positive readings. We see this a lot this time of year as the seasons change. Has it been unusually warm?
btw, was at my Walmart the other day. They were out of a lot os grocery stuff (canned goods) so I asked why. The answer was that two of their (prefered) trucking companies went belly up and they have been scrambeling to train some new companies on the procedures and process.
"PORTLAND, Ore. — U.S. Navy researchers claimed to have experimentally confirmed cold fusion in a presentation at the American Chemical Society's annual meeting.
"We have compelling evidence that fusion reactions are occurring" at room temperature, said Pamela Mosier-Boss, a scientist with the Space and Naval Warfare Systems Center (San Diego). The results are "the first scientific report of highly energetic neutrons from low-energy nuclear reactions," she added."
Ponzified, the index is seasonally adjusted. If you read the PR, the guy who drafts the index mentions:
- the boost applied in February
- how index reporting trucking company bankruptcies are handled
A positive post CR? Shame shame - time for much snark & anger from your posters who clearly know - nothing gets better (or stops getting worse) - ever.
I know a couple truckers who have pretty much had their rigs parked for the past few months. Apparently there's not enough right now to make it worth running them -- you're basically just covering your fuel costs unless you're doing long-distance runs.
.........Kung Fu Panda........this is financial blog .....nobody interested in science or engineering.....of course if that makes instant money ,that's another story......those physicist deceived so many times ......highly skeptical about the results.......
Agree that cold fusion would be a game changer, then again so would a succesful perpetual motion machine. Great claims require great proof. Count me as very sckeptical
The economy may respark for a while - but the debt required to fuel it has to be placed first.
Bond markets in the UK & USA did not completely cooperate. Is this a sign of the future?
As someone said earlier, the Chinese took a decade to accumulate $2 trillion. Ben Bernanke did in 6 months. Let's print our way to wealth. The bottom is in.
"Other presenters at the conference also presented evidence supporting cold fusion, including Antonella De Ninno, a scientist with New Technologies Energy and Environment (Rome), who reported both excess heat and helium gas.
"We now have very convincing experimental evidence," De Ninno claimed.
Tadahiko Mizuno of Japan's Hokkaido University also reported excess heat generation and gamma-ray emissions."
Clearly, there has been quite a bit of ongoing research in multiple countries. It would be interesting to learn the discussion in the Navy about announcing this. Somewhere, high ranking brass had to sign off on this.
Ehp- So by looking at your chart were jpg chart were at 02-04 levels?
ot-was in equip. rental center over wknd and counter guy said in wk 3 of slight pickup in business. The guy standing next to him was having to transfer to different location..he kept his job after round of layoffs in morning....
not seeing any noticeable uptick in auto credit apps....
A buddy of mine works for a small trucking company in Arizona. He told me on Sunday that they have received a bunch of new business that will keep them busy for the next year at least.
..........Kung Fu Panda......also on your last posting about N Korea......NK just want to launch a satellite .......not agaist S Korea.....no more Korean war II.......you can sleep well.........
reptilian says “Interesting "Wired" article about Andrew Lo...
.
Dude. The article you linked is about David Li, not Andrew Lo. Li is a quant, Lo is a behavioral, more like Taleb. Totally different guys.
.........cold fusion is like perpetual mobile in science and engineering community for a century......old stuff......theoretically maybe , but reality .....well.....you guess.........
I know a couple of people who were contractors working on those damn "luxury" condos when financing ground to a halt last fall. Since Feb, they've been working non-stop. Would account for some of the tonnage.
Of course, selling these things is a totally different ballgame. More can kicking, I guess.
scone writes: Dude. The article you linked is about David Li, not Andrew Lo. Li is a quant, Lo is a behavioral, more like Taleb. Totally different guys.
Trucking seems to be doing better than air travel, which has seen 15-20% yoy drops in revenue per seat per mile on top of reduced seat-miles (flights). On the plus side, Air travel also shows a slight uptick in the past month (click on the "graphic" tab here):
Rail shows about a 17% yoy drop in total traffic, with intermodal traffic off 18%, baseline off 8% and cyclical off 33%. There is a seasonal bounce in the physical traffic in progress, but the YOY numbers are still in decline, although the rate of deterioration appears to have slowed:
OT (Don't know if this was covered)
The way Geithner and Bernanke jumped to salute Bachmann" dollar loyalty oath yesterday scared the crap out of one world me.
"As the NAS report notes, it is terribly difficult to inspire people to prepare for a potential crisis that has never happened before and may not happen for decades to come."
...........what is common factor of cold fusion and perpetual mobile aparatus?..........all against nature's law.........so impossible to be realized.........some shallow knowledged scientists might argue for more money......but all futile efforts........
The cold fusion effect is almost certainly real. I've spoken to a number of researchers in the field, including Mosier-Boss. Whether it will ever be an energy source, or of any other commercial significance, is an entirely different question. For those of you with a technical bent, see LENR-CANR.org
@Dust Bowling: I wouldn't worry about the solar-plasma-storm "Carrington Catastrophe" too much. Certainly not more than a local magnitude-8 earthquake, hurricane, tornado or 1919-style killer flu epidemic... To the extent that you do worry, your "Great Depression 2" emergency food-and-water stockpile (you do have one, right? how many times has this board covered this?) and possibly a home solar system (or, at less cost, a fossil-fueled portable generator) will solve your immediate needs. It could be a disaster - no question - but it wouldn't be TEOTWAWKI.
Also, I don't think the cold fusion thing is going to prove to be real.
ot- top 250 chevy dealers as of 3-24 only 18 dealers sold more than 70 retail vehicles with top dealer at 144 and number 10 at 94.. MI, NY and TX comprised top 10..
first glance tell me that midwest is doing much better than the coasts..top calif dealer was at #50 with 53 vehicles sold
expect another rough month end report in car land.....
very interesting data cd, please do continue in future
fits within the general notion those who benefited most from the credit bubble, are the hardest hit on the downslope (and vice versa)
continued onward, my notion is that the real income of producers (farmers, factory workers, etc) will increase while the suppliers of frivolity will suffer
on another note, it's a bit early but I'm extremely comfortable that equities will no longer be favoured over bonds going forward (as determined by dividend - yield spread.... unless there is a really extremely stupid rewrite of the tax code or something). Pension funds love their bonds right now, not looking back. The premium equities have garnered dates back to 1958, before that investors demanded additional dividend yield for holding a stock due to the risks of being at the bottom of the creditor ladder
re: cold fusion
Forget about whether or not the results will withstand scrutiny, assume that an exothermic fusion reaction was sustained at room temperature.
It would be a long time before they manage to get the costs down. End result, you're treating a laboratory experiment as a stand-in for your energy demands.
No, the "energy companies" are not fretting about patents to it.
r
Dirk,
Comparing cold fusion to perpetual motion is a straw man argument. With CF we are having reputable scientific organizations demonstrating experimental evidence that a phenomenon exists. I'm not claiming it's going to solve energy problems; it is way too early for that. I'm just saying that this shouldn't be dismissed as quackery.
As an example, per Wikipedia regarding Einstein:
general relativity remained something of a curiosity among physical theories. It was clearly superior to Newtonian gravity, being consistent with special relativity and accounting for several effects unexplained by the Newtonian theory. Einstein himself had shown in 1915 how his theory explained the anomalous perihelion advance of the planet Mercury without any arbitrary parameters ("fudge factors").[6] Similarly, a 1919 expedition led by Eddington confirmed general relativity's prediction for the deflection of starlight by the Sun,[7] making Einstein instantly famous.[8] Yet the theory entered the mainstream of theoretical physics and astrophysics only with the developments between approximately 1960 and 1975, now known as the Golden age of general relativity.
Forty years pass between the Eddington observation and mainstream acceptance? Let's give the concept of cold fusion some time before dismissing it out of hand.
We have a relatively new bank of canada governor, Mark Carney. ex-GS. He's mostly been quiet, but his foolishly optimistic public outlook and some other quiet signals have made me worry about him.
On the side of safety, his powers to do something stupid are limited. There is a minority government and attempts at mentioning QE would have predictable consequences.
As for the budget officer, he's a bureaucrat that is offering the honest cold splash of water to the face politicians (CBO does similar thing in America, but they have had to fight censorship which led the ex-head to quit and get involved with a private group that sponsored the I.O.U.S.A movie)
I should note for those that did not read the article, the quoted number was quarterly but reported as an annual rate
With the stock market trading being a zero sum game, the +11.6b is equivalent to an additional 11.6b loss from (?) (mutual funds/other stupid hedge funds/USG)
There's been strong circumstantial proof for cold fusion for many years but the dealbreaker is that there's not enough palladium / precious metals for widespread use
Yo, Jas. How are those paper investment treasury t-bill thingy-majig doing for you?
they see tracks interpreted as energetic neutrons splitting 6C12 into 2He4. I shan't believe that ubtill they reproducibly collect the neutrons. And the 3He or 4He product of fusion.
Thanks Hoops, I hope Yellen is just sending up a trial balloon on that "Fed issuing its own debt" thing. I mean, I kinda thought that's what the currency was for already, sort of. Used to be.
Re: metals for cold fusion. The palladium doesn't (so far) appear to be consumed in the process. There are some reports of hydrogen in nickel causing a similar reaction. And, titanium may also be a possibility. Overall, too early to know one way or the other.
Re: collection of He4. It's been done by a number of labs.
I also post comments to an irc channel as they appear on haloscan. Click for a web irc interface: Mibbit IRC client widget (Or join the irc server directly: irc.realize.org:9996 #calculatedrisk)
CRbot would now like to sing a little song for all his fans, and it goes something like this:
Benny... Benny... give me your answer... do. I'm.. half CRAZY... all for the love... of you. It won't be a ... stylish marriage. I can't... AFFORD... ANYTHING TO EAT... MUCH LESS A FRACKIN CARRIAGE!!! But you'll look sweet... --BOT SO HUNGRY!-- upon the seat... Of a HOOPAJOOPS built for two... families.
I'm sorry Ben, I can't let you do that...
Rally mode + Printing Press == does not compute... does not-- com--- com... puttttrrrrhgh.
I think we got the right and left wingnut cocksuckers in D.C. by the balls. Let me explain; The politicians in Washington can be Forbidden from taking campaign contributions from every company who receives tax payer bailout money for their election campaigns, and that includes money from the Federal Reserve. We just got to get some ambitious rookie politician or Ron Paul to introduce the bill in congress and make it so.
"The palladium doesn't (so far) appear to be consumed in the process"
Yes, it's a catalyst but last year I read convincing arguments that even if cold fusion works, it can't replace the oil economy with existing stocks of palladium/platinum/whatever.
On the whole cold fusion thing... my understanding is that they produced SOME SORT of reaction.. however they don't know if it's technically "fusion" or if it could every be used to produce energy
So the research is interesting.. but not something that will have any chance of really impacting our lives for decades
of course we should be spending a lot more money on energy research.. but that's another topic
r
In my 28 years as both an Independent trucker and today as a principal of a tiny regional 3PL cartage company, tonnage today is as low as it has ever been. Here in Atlanta, which is one of the Nation's largest transportation hubs, no segment of the industry has been spared.Even the truck dealers are now in survival mode as their lots are largely clear of inventory and the other day we got a call from one of the biggest truck financing entities asking if we would be interested in some of their repos.
While the ATA may be a large entity but it is NOT the voice of the industry and is NOT any authority on actual tonnages or traffic, just as it states in this communication. Empirical evidence alone shatters any assertion or invention of figures as the ATA's numbers are simply that: one need only visit the industrial areas of the nearest large Metro to see the truth. Not 18 months ago, the shortage of certifed Drivers was all the lament, today there are lines of CDL & Hazmat qualified Drivers seeking whatever work they can find.
>> .. solar-plasma-storm "Carrington Catastrophe" ... To the extent that you do worry, your "Great Depression 2" emergency food-and-water stockpile (you do have one, right? how many times has this board covered this?) and possibly a home solar system (or, at less cost, a fossil-fueled portable generator)
I'm going even one better: when the solar plasma storm hits my home solar system, I plan to sell the excess gigawatts back to my utility. Huzzah!
>> Year over year is the only valid metic. Month to month is beyond idiotic!
Has anyone else noticed the weather temperature rose from January to February?
I call it "mustard seeds"! But, I bet you're a "glass half empty" kind of person.
So is JS-Kit working yet?
This comment thread has been HALO-IZED by CRbot.
http://realize.org/cr/halokit.php?halourl=http://www.haloscan.com/comments/calculatedrisk/4532312710137881128
Maybe the truckers are just getting fatter.
ROTFL!
I wonder if there's a seasonal adjustment component to all these positive readings. We see this a lot this time of year as the seasons change. Has it been unusually warm?
The ATA Chief Economist is a breath of fresh air when compared to the NAR economist.
do we have to reconcile this with rail, for substitution effects?
Foreclosure/repo freight
FedEx's outlook wasn't rosy.
I wish this was the bottom of the cliff, this is the base camp before the next freefall
ac, obviously the trucking economist didn't think much of this improvement. I tried to highlight his comments.
I don't see any rebound in any of these numbers - just not further cliff diving. And that might be temporary too.
best to all.
CR is that you?
--
Gives more fodder to those calling for recovery by 2009Q3. Obama should soon claim victory.
Jas
Basel Too --
That was my thought, too: Plummeting gasoline prices.
truck shipments are always low in january. seasonal.
Look Out Krugman, Belief In Keynes Is Belief In Self-Delusion: Peter Schiff Tells The Truth About The Recession And Government Spending (Morning Joe Video)
Good stuff.
Four Gold Clips From The Colbert Report. Stephen's Angry Mob Will Crush AIG (All New Video)
MArk Samford Interview.
(Diesel, whatever)
Interesting "Wired" article about Andrew Lo, "The Formula That Killed Wall Street."
Recipe for Disaster: The Formula That Killed Wall Street
In the 30s it was the trains, today its trucks.
btw, was at my Walmart the other day. They were out of a lot os grocery stuff (canned goods) so I asked why. The answer was that two of their (prefered) trucking companies went belly up and they have been scrambeling to train some new companies on the procedures and process.
From the Jan 27, 2006 Press Release
tonnagegp012706.jpg
same chart back to inception, for perspective
Here's that cold fusion link again:
Cold fusion experimentally confirmed
"PORTLAND, Ore. — U.S. Navy researchers claimed to have experimentally confirmed cold fusion in a presentation at the American Chemical Society's annual meeting.
"We have compelling evidence that fusion reactions are occurring" at room temperature, said Pamela Mosier-Boss, a scientist with the Space and Naval Warfare Systems Center (San Diego). The results are "the first scientific report of highly energetic neutrons from low-energy nuclear reactions," she added."
RE: Cold Fusion.
Get psyched when some one reproduces the results and a peer-reviewed journal publishes it.
Ponzified, the index is seasonally adjusted. If you read the PR, the guy who drafts the index mentions:
- the boost applied in February
- how index reporting trucking company bankruptcies are handled
Dead cat bounce.
If cold fusion is real and becomes widely practical, it's a game changer.
If cold fusion is real and becomes widely practical, it's a game changer.
It almost certainly is not - unless there's some really good independent verification, best assume the conclusion is flawed.
Nemo has the most plausible explanation.
A positive post CR? Shame shame - time for much snark & anger from your posters who clearly know - nothing gets better (or stops getting worse) - ever.
I know a couple truckers who have pretty much had their rigs parked for the past few months. Apparently there's not enough right now to make it worth running them -- you're basically just covering your fuel costs unless you're doing long-distance runs.
retread
http://www.financialsense.com/fsu/editorials/2009/0325.pdf
.........Kung Fu Panda........this is financial blog .....nobody interested in science or engineering.....of course if that makes instant money ,that's another story......those physicist deceived so many times ......highly skeptical about the results.......
Agree that cold fusion would be a game changer, then again so would a succesful perpetual motion machine. Great claims require great proof. Count me as very sckeptical
I'd go a step further 1 can not equal 2.
......
The economy may respark for a while - but the debt required to fuel it has to be placed first.
Bond markets in the UK & USA did not completely cooperate. Is this a sign of the future?
As someone said earlier, the Chinese took a decade to accumulate $2 trillion. Ben Bernanke did in 6 months. Let's print our way to wealth. The bottom is in.
"Other presenters at the conference also presented evidence supporting cold fusion, including Antonella De Ninno, a scientist with New Technologies Energy and Environment (Rome), who reported both excess heat and helium gas.
"We now have very convincing experimental evidence," De Ninno claimed.
Tadahiko Mizuno of Japan's Hokkaido University also reported excess heat generation and gamma-ray emissions."
Clearly, there has been quite a bit of ongoing research in multiple countries. It would be interesting to learn the discussion in the Navy about announcing this. Somewhere, high ranking brass had to sign off on this.
Ehp- So by looking at your chart were jpg chart were at 02-04 levels?
ot-was in equip. rental center over wknd and counter guy said in wk 3 of slight pickup in business. The guy standing next to him was having to transfer to different location..he kept his job after round of layoffs in morning....
not seeing any noticeable uptick in auto credit apps....
A buddy of mine works for a small trucking company in Arizona. He told me on Sunday that they have received a bunch of new business that will keep them busy for the next year at least.
..........Kung Fu Panda......also on your last posting about N Korea......NK just want to launch a satellite .......not agaist S Korea.....no more Korean war II.......you can sleep well.........
Roubini supports Geithner plan, here.
Space storm alert: 90 seconds from catastrophe - space - 23 March 2009 - New Scientist
Puts everything in perspective. It's only a matter of time.
The non-seasonally adjusted Year Over Year changes are the real story, Month Over Month seasonlized numbers are a distraction...
So, CR, why did we ditch HaloScan again? This new system sucks.
It's barfing code all over the posts.
Because HaloScan blew up
reptilian says “Interesting "Wired" article about Andrew Lo...
.
Dude. The article you linked is about David Li, not Andrew Lo. Li is a quant, Lo is a behavioral, more like Taleb. Totally different guys.
.........cold fusion is like perpetual mobile in science and engineering community for a century......old stuff......theoretically maybe , but reality .....well.....you guess.........
I know a couple of people who were contractors working on those damn "luxury" condos when financing ground to a halt last fall. Since Feb, they've been working non-stop. Would account for some of the tonnage.
Of course, selling these things is a totally different ballgame. More can kicking, I guess.
This is not directly to scale, but here is the ATA Truck Tonnage Index from Jan 2001 - Present
http://img520.imageshack.us/img520/6198/ehp.png
EHP are you abot? Just wondering?
"If cold fusion is real and becomes widely practical, it's a game changer."
Yes, Traditional energy companies might break into a cold sweat if they can't obtain control of the patents.
Yogi is offering a new wager: 2-1 no TARP money gets paid back through April.
4-1 the banks will say they really wanted to but the damn regulators...
scone writes: Dude. The article you linked is about David Li, not Andrew Lo. Li is a quant, Lo is a behavioral, more like Taleb. Totally different guys.
You are so right. Profuse apologies to everyone.
Trucking seems to be doing better than air travel, which has seen 15-20% yoy drops in revenue per seat per mile on top of reduced seat-miles (flights). On the plus side, Air travel also shows a slight uptick in the past month (click on the "graphic" tab here):
Air-Travel Demand Tumbles to ‘Alarming Levels’: Chart of Day - Bloomberg.com
Rail shows about a 17% yoy drop in total traffic, with intermodal traffic off 18%, baseline off 8% and cyclical off 33%. There is a seasonal bounce in the physical traffic in progress, but the YOY numbers are still in decline, although the rate of deterioration appears to have slowed:
Railfax Report - North American Rail Freight Traffic Carloading Report
yogi: are you talking money-centers only, because I know one small bank that's planning to return their funds within the next two weeks.
Uh, yeah, >5 billion only, that's the ticket. :-[ :-[
The Latest from Jesse:
The Decline of the Dollar as the World's Reserve Currency
OT (Don't know if this was covered)
The way Geithner and Bernanke jumped to salute Bachmann" dollar loyalty oath yesterday scared the crap out of one world me.
Dude. The article you linked is about David Li, not Andrew Lo. Li is a quant, Lo is a behavioral, more like Taleb. Totally different guys.
............tell me........what's the difference between Ho and Hu?..................
ewww , that's an ugly post
"As the NAS report notes, it is terribly difficult to inspire people to prepare for a potential crisis that has never happened before and may not happen for decades to come."
Truer words never spoken.
testing
Canada's Parliamentary Budget Officer just tabled a ground shaking report.
http://www.theglobeandmail.com/servlet/story/RTGAM.20090325.wPOLpage0325/BNStory/politics/home#mce_temp_url#
Budget watchdog predicts 8.5% drop in GDP
EHP
Re: Budget Watchdog
Can you make that larger? I misplaced my ready glasses
ready=reading
...........what is common factor of cold fusion and perpetual mobile aparatus?..........all against nature's law.........so impossible to be realized.........some shallow knowledged scientists might argue for more money......but all futile efforts........
EHP, big enough font?
it's the vagaries of the rich text entry field and copy/paste
not my fault js-kit crew keep buggering with the system
pos js-kit seems to have eaten my last post.
The cold fusion effect is almost certainly real. I've spoken to a number of researchers in the field, including Mosier-Boss. Whether it will ever be an energy source, or of any other commercial significance, is an entirely different question. For those of you with a technical bent, see LENR-CANR.org
..........CR..........better to limit font size............that's annoying................
@Dust Bowling: I wouldn't worry about the solar-plasma-storm "Carrington Catastrophe" too much. Certainly not more than a local magnitude-8 earthquake, hurricane, tornado or 1919-style killer flu epidemic... To the extent that you do worry, your "Great Depression 2" emergency food-and-water stockpile (you do have one, right? how many times has this board covered this?) and possibly a home solar system (or, at less cost, a fossil-fueled portable generator) will solve your immediate needs. It could be a disaster - no question - but it wouldn't be TEOTWAWKI.
Also, I don't think the cold fusion thing is going to prove to be real.
Haloscan didn't blow up so much as JS-Kit sabotaged it when they bought it.
ot- top 250 chevy dealers as of 3-24 only 18 dealers sold more than 70 retail vehicles with top dealer at 144 and number 10 at 94.. MI, NY and TX comprised top 10..
first glance tell me that midwest is doing much better than the coasts..top calif dealer was at #50 with 53 vehicles sold
expect another rough month end report in car land.....
very interesting data cd, please do continue in future
fits within the general notion those who benefited most from the credit bubble, are the hardest hit on the downslope (and vice versa)
continued onward, my notion is that the real income of producers (farmers, factory workers, etc) will increase while the suppliers of frivolity will suffer
on another note, it's a bit early but I'm extremely comfortable that equities will no longer be favoured over bonds going forward (as determined by dividend - yield spread.... unless there is a really extremely stupid rewrite of the tax code or something). Pension funds love their bonds right now, not looking back. The premium equities have garnered dates back to 1958, before that investors demanded additional dividend yield for holding a stock due to the risks of being at the bottom of the creditor ladder
There were 60 new 52 week highs on the nyse and new restaurants are apening all around us. Doesn't this matter?
re: cold fusion
Forget about whether or not the results will withstand scrutiny, assume that an exothermic fusion reaction was sustained at room temperature.
It would be a long time before they manage to get the costs down. End result, you're treating a laboratory experiment as a stand-in for your energy demands.
No, the "energy companies" are not fretting about patents to it.
r
Dirk,
Comparing cold fusion to perpetual motion is a straw man argument. With CF we are having reputable scientific organizations demonstrating experimental evidence that a phenomenon exists. I'm not claiming it's going to solve energy problems; it is way too early for that. I'm just saying that this shouldn't be dismissed as quackery.
As an example, per Wikipedia regarding Einstein:
general relativity remained something of a curiosity among physical theories. It was clearly superior to Newtonian gravity, being consistent with special relativity and accounting for several effects unexplained by the Newtonian theory. Einstein himself had shown in 1915 how his theory explained the anomalous perihelion advance of the planet Mercury without any arbitrary parameters ("fudge factors").[6] Similarly, a 1919 expedition led by Eddington confirmed general relativity's prediction for the deflection of starlight by the Sun,[7] making Einstein instantly famous.[8] Yet the theory entered the mainstream of theoretical physics and astrophysics only with the developments between approximately 1960 and 1975, now known as the Golden age of general relativity.
Forty years pass between the Eddington observation and mainstream acceptance? Let's give the concept of cold fusion some time before dismissing it out of hand.
Let's see if this CR(-app) works now ?
CSC is that you?
Restaurants apening. Love it.
EHP are they of the Darling 'tell 'em the worst' mold usually or the Big Ponzi Shell shill?
And what do I do with all my loonies??
We have a relatively new bank of canada governor, Mark Carney. ex-GS. He's mostly been quiet, but his foolishly optimistic public outlook and some other quiet signals have made me worry about him.
On the side of safety, his powers to do something stupid are limited. There is a minority government and attempts at mentioning QE would have predictable consequences.
As for the budget officer, he's a bureaucrat that is offering the honest cold splash of water to the face politicians (CBO does similar thing in America, but they have had to fight censorship which led the ex-head to quit and get involved with a private group that sponsored the I.O.U.S.A movie)
I should note for those that did not read the article, the quoted number was quarterly but reported as an annual rate
Not a good sign...
http://www.nytimes.com/2009/03/26/us/26tents.html?hp
OT:
http://js-kit.com/api/static/Top earners in hedge funds took in $11.6 billion
With the stock market trading being a zero sum game, the +11.6b is equivalent to an additional 11.6b loss from (?) (mutual funds/other stupid hedge funds/USG)
r
<i>"
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<div class="js-singleCommentText" style="padding-top: 4px; font-size: 12px;">f cold fusion is real and becomes widely practical, it's a game changer"</i></div>
<div class="js-singleCommentText" style="padding-top: 4px; font-size: 12px;">
</div>
<div class="js-singleCommentText" style="padding-top: 4px; font-size: 12px;">No, it's not. There's been strong circumstantial proof for cold fusion for many years but the dealbreaker is that there's not enough palladium / precious metals for widespread use.</div>
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Central Bank Seeking Power to Issue Its Own Debt, Yellen Says - Bloomberg.com
Damn, what is with this thing now?
There's been strong circumstantial proof for cold fusion for many years but the dealbreaker is that there's not enough palladium / precious metals for widespread use
Yo, Jas. How are those paper investment treasury t-bill thingy-majig doing for you?
I see it now. Some of my posts are travelling back through time to try to save the economy.
Re: US Navy research on cold fusion
IEEE Spectrum: New Cold Fusion Evidence Reignites Hot Debate
they see tracks interpreted as energetic neutrons splitting 6C12 into 2He4. I shan't believe that ubtill they reproducibly collect the neutrons. And the 3He or 4He product of fusion.
Good news at BAC and WFC?
http://www.bloomberg.com/apps/news?pid=20601087&sid=aUyT3GEOKkD4&refer=home
Ex-GS? My condolences.
How's the debt situation?
The Bottom will be in when CR's comments finally work right.
I've got a big tax bill coming thank glod so I think I must close a portion either way.
Do you still see CAD in step with raw mat/commodities?
The Latest from Denninger:
We're To Blame? Yep!
Thanks Hoops, I hope Yellen is just sending up a trial balloon on that "Fed issuing its own debt" thing. I mean, I kinda thought that's what the currency was for already, sort of. Used to be.
What will Moody's say about Papa Warren? S&P leaves BRK AAA, cuts to "outlook negative". Fitch downgraded.
Are you paying attention, Andre Cuomo?
Re: metals for cold fusion. The palladium doesn't (so far) appear to be consumed in the process. There are some reports of hydrogen in nickel causing a similar reaction. And, titanium may also be a possibility. Overall, too early to know one way or the other.
Re: collection of He4. It's been done by a number of labs.
New Thread: Shanty Towns
http://www.calculatedriskblog.com/2009/03/shanty-towns.html ( 0 comments ...You could be FIRST! )
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CRbot would now like to sing a little song for all his fans, and it goes something like this:
Benny... Benny... give me your answer... do.
I'm.. half CRAZY... all for the love... of you.
It won't be a ... stylish marriage.
I can't... AFFORD... ANYTHING TO EAT... MUCH LESS A FRACKIN CARRIAGE!!!
But you'll look sweet... --BOT SO HUNGRY!-- upon the seat...
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I'm sorry Ben, I can't let you do that...
Rally mode + Printing Press == does not compute... does not-- com--- com... puttttrrrrhgh.
--Your systemic-failure-crashing bot
CRbot: Call me HAL.
I think we got the right and left wingnut cocksuckers in D.C. by the balls. Let me explain; The politicians in Washington can be Forbidden from taking campaign contributions from every company who receives tax payer bailout money for their election campaigns, and that includes money from the Federal Reserve. We just got to get some ambitious rookie politician or Ron Paul to introduce the bill in congress and make it so.
<i>Get psyched when some one reproduces the results and a peer-reviewed journal publishes it.</i>
Mosier-Boss's results have been reproduced, and have been published in a number of different peer-reviewed journals.
"The palladium doesn't (so far) appear to be consumed in the process"
Yes, it's a catalyst but last year I read convincing arguments that even if cold fusion works, it can't replace the oil economy with existing stocks of palladium/platinum/whatever.
Can't find the reference yet.
Michael, while your idea has merit... what makes you think a bill like that has any chance of passing?
On the whole cold fusion thing... my understanding is that they produced SOME SORT of reaction.. however they don't know if it's technically "fusion" or if it could every be used to produce energy
So the research is interesting.. but not something that will have any chance of really impacting our lives for decades
of course we should be spending a lot more money on energy research.. but that's another topic
Yeah, but what happens when you back out the shipment of Obama's budget from the printer to The Hill?
The American Trucking Associations’ ....
Could this have anything to do with protectionist measures pushed by the lefties?
Deh tuk er jawbs.
Dem furiners(Mexican truck drivers).
Deh tuk er jawbs.
Or it could be more Mexican truckers on US roads.
More people living in tractor trailers?
r
In my 28 years as both an Independent trucker and today as a principal of a tiny regional 3PL cartage company, tonnage today is as low as it has ever been. Here in Atlanta, which is one of the Nation's largest transportation hubs, no segment of the industry has been spared.Even the truck dealers are now in survival mode as their lots are largely clear of inventory and the other day we got a call from one of the biggest truck financing entities asking if we would be interested in some of their repos.
While the ATA may be a large entity but it is NOT the voice of the industry and is NOT any authority on actual tonnages or traffic, just as it states in this communication. Empirical evidence alone shatters any assertion or invention of figures as the ATA's numbers are simply that: one need only visit the industrial areas of the nearest large Metro to see the truth. Not 18 months ago, the shortage of certifed Drivers was all the lament, today there are lines of CDL & Hazmat qualified Drivers seeking whatever work they can find.
>> .. solar-plasma-storm "Carrington Catastrophe" ... To the extent that you do worry, your "Great Depression 2" emergency food-and-water stockpile (you do have one, right? how many times has this board covered this?) and possibly a home solar system (or, at less cost, a fossil-fueled portable generator)
I'm going even one better: when the solar plasma storm hits my home solar system, I plan to sell the excess gigawatts back to my utility. Huzzah!
>> Year over year is the only valid metic. Month to month is beyond idiotic!
Has anyone else noticed the weather temperature rose from January to February?
I call it "mustard seeds"! But, I bet you're a "glass half empty" kind of person.