That score just went to 3-0? I didn't know you got credit for 2 goals at home in international play if they're extra stylish. But there's a great deal I don't know about hockey.
BLS been shovellin' so hard and so deep for so long a color change to snow won't make any difference. has got their cover and can effect an emergency evac while has the high patrol.
Jonathan wrote: I find it very hard to believe that people are incredibly more productive than they used to be.
Are you serious? Production today is hugely more efficient (see lights-out manufacturing).
Here is a chart from Pettis that shows that the manufacturing share of GDP has remained at similar levels for the past 60 years. However, labor has not. Therefore there are far fewer people producing the same level of output.
What is interesting beyond the union/consequences of automation issue is that this is happening with ON-shore production. There is NO salvation in keeping jobs at home. Just sayin'
p.s. the Wolff chart talks about real wages not real output.
montas ankle wrote: an alternate universe, one where the S&P rises as new home sales fall to a record low
No, that was anti-gravity manufactured by the Fed. It's a side effect of the reality distortion field generated in DC.
The United States looks to the March 7 election as a key step to Iraq's infant democracy.
Operation freedom for oil and $700B for MIC
It must be the weather
Legislation such as minimum wage and mandatory benefits have pushed automation at home so companies could remain competitive with cheap foreign labor.... But there is still global wage arbitrage going on all the time... I think we are in the transition period from manual labor to no human labor - all robotics in the future, with each human given a regular allowance and costs set by the cost of production and 'rareness' of some items... Sort of a continuous auction of goods... Probably a lot of humans wont handle the world of no work very well....
I think we are in the transition period from manual labor to no human labor - all robotics in the future, with each human given a regular allowance and costs set by the cost of production and 'rareness' of some items... Sort of a continuous auction of goods... Probably a lot of humans wont handle the world of no work very well....
I agree with you on the first part but as I have stated here several times before, I don't think our societal structure will handle it very well. During the evolution of this process, I believe that "one person one vote" will die and the rest won't be fun. Germline engineering will allow the "haves" to redesign themselves into higher level beings which will result in some humans being declared the equivalent of animals. And the rest will be history.
You guys hear about the killer whale that killed a trainer today in Orlando? I thought the orcas were supposed to be our friends and allies against the .
Move up your California default countdown: WSJ:
California, tripped up by a legislative hurdle, has postponed selling $2 billion in general obligation bonds, a move that may mean higher interest rates on the debt should the process drag out.
The bond sale was scheduled to begin next week and price on March 4, but state Treasurer Bill Lockyer postponed the deal for a week. He said the delay was required because the state legislature hadn't voted on a cash-management bill that would make California debt more appealing to investors and ratings firms.
This is a lot more ominous than it looks on the surface.
Are you serious? Production today is hugely more efficient (see lights-out manufacturing).
Here is a chart from Pettis that shows that the manufacturing share of GDP has remained at similar levels for the past 60 years. However, labor has not. Therefore there are far fewer people producing the same level of output.
Thanks for the chart. I totally accept your main point. I may not be quite so stupid as I seem, since I did assume that instead of hand-tools to do work, these super productive people now use robots, which presumably involves huge amounts of capital.
However, it seems surprising that manufacturing has remained so constant? Have the other components of GDP remained relatively similar?
Surely personal consumption and healthcare at least have increased in proportion to the decrease of something else?
Thatz why the data is "seasonally adjusted".
Winter is the time for snow storms.
If this snow storm occurred in June, then I could
understand CR's concerns.
If anybody wants to worry about abnormal patterns, he should
consider the 2010 Census jobs. This happens once in ten
years. Unlike storms that occur every year.
splat wrote: When do the new 'green jobs' start kicking in to pick up all the unemployed ? Haven't heard that meme for a while from TPTB.
The green jobs were eaten by fat cows, so with luck there will be brown jobs eventually...
ShadowInventory wrote "I think we are in the transition period from manual labor to no human labor - all robotics in the future, with each human given a regular allowance"
i wish the rulers will be so altruistic as you
but then if they ask
why maintain the useless proles
think of the great height of human development to which the elites and intelligencia can rise if only they let famine, disease and violence destroy the flotsam and jetsam of the world...plus think of the natural resource drain
wonder if TPTB ask, what minimum number of individuals are necessary to maintain sufficient human genetic diversity
hmmm and how do it that must be their question
ahhh maybe they will develop a pandemic in a bottle and inoculate the chosen and then open pandoras box
God forbid, but that may be where we are headed if we dont find our sense of social justice
think this is hyperbole...look at the unbounded greed of the bankstas and the horror of endless wars and guess again
OT: I'm going to join the dark side and open a trading account. Recommendations for a service that will treat a small-time sucker decently in terms of fees and services available? I'm only interested in losing mid-four figures right now.
mock turtle wrote: think this is hyperbole...look at the unbounded greed of the bankstas and the horror of endless wars and guess again
They've planned this for centuries. We are the unfit. They're just doing their god's work.
think of the great height of human development to which the elites and intelligencia can rise if only they let famine, disease and violence destroy the flotsam and jetsam of the world...
If that were true, the Indian elite would be ruling the world. And the Chinese elite wouldn't be pulling out all the stops to keep the growth machine humming. Billions of have-nots on the march scare the haves a mighty one.
I've had a good experience with Tradeking.com. Commissions are rock bottom and the site is pretty nicely set up. They seem pretty responsive to customer concerns and suggestions.
Thanks for the chart. I totally accept your main point.
Sorry, I didn't mean it that way. I don't have the data handy right now but I'm certain that agriculture had a much larger share of GDP historically. I'm still looking for a decent source, hopefully a ready made chart. I'm lazy nowadays.
This business of the elite. Do you think they really could have made less of a mess of things if they'd wanted? That they only design the world for waste and disorder as part of a plot? Perhaps they are overestimated. Perhaps they are not as much in control as you may think. Maybe their own illusion is that they are in control, when the processes set loose are inherently uncontrollable, incomprehensible. Perhaps they';re not even capable of effective cooperation within their own order, or only sporadically. Do they even exist, except as an illusion?
Look back at the last hundred years. Have they learned any lessons? We'll see.
Canada 4 Russia 1 - close to the end of the first period...
7 to 2 now - wow - I thought the Rus would challenge if not win... Team Canada will have to be favored to win it all now - especially after the weak US effort today [and the fact Team USA got out shot & out hustled by Canada in game one - US just had the better goalie that day].
It is rare to vanishing to get a mod if you aren't in default."
I'm curious about something. Can you get your servicer changed without changing the loan? Maybe trace the mortgage to its actual owner and tell them (or their regulator) that you are willing and able to make payments, but you are faced with massive incompetence?
I believe that "one person one vote" will die and the rest won't be fun. Germline engineering will allow the "haves" to redesign themselves into higher level beings which will result in some humans being declared the equivalent of animals. And the rest will be history.
pavel.chichikov wrote: Maybe their own illusion is that they are in control, when the processes set loose are inherently uncontrollable, incomprehensible.
The illusion of control only grows as money does. It's a self-reinforcing delusion of lordship. But I agree with you... it's Pauli exclusion principle-like, I believe... the more control they gain of money, the less control they have over value.
Well, the better goalie is more than half of hockey and often soccer, right?
A goalie can almost single-handedly win a game in hockey, it's true. But I'm not terribly impressed with Luongo tonight; a couple good saves, but he doesn't seem particularly sharp. Better than Nabokov (tonight), no doubt, but that poor boy has absolutely zero defence. It's like Russia has five forwards on the ice and no defencemen.
EDIT: I'm dissappointed the Russians aren't putting up a better fight tonight, no matter what the score.
OT: I'm going to join the dark side and open a trading account. Recommendations for a service that will treat a small-time sucker decently in terms of fees and services available? I'm only interested in losing mid-four figures right now.
I have accounts at both Charles Schwab and TDAmeritrade. Both are low cost for trading, and customer service is excellent. I don't rely on them for investment advice.
If that BloomBox thing isn't basically a scam, then it holds some promise for turning the huge amounts of natural gas we have into useful electricity.
Add battery technology and we could really have something.
I was kinda scared with the hand-waving and sand and 'magic ink' shown in the 60 minutes segment, but wow, eBay certainly seem to be getting power from it.
Survivor Type by Stephen King is written as the diary of a disgraced surgeon, Richard Pine (real name Richard Pinzetti), who, while attempting to smuggle a large amount of heroin on a cruise ship, finds himself marooned on a tiny island in the Pacific with very limited supplies and no food.
A self-proclaimed "survivor" type, his diary entries documenting his day to day activities become more and more disjointed and raving (similar to the writing technique used in Flowers for Algernon), revealing his slow mental decay and eventual insanity caused by starvation, isolation, and drug use.
Determined to hold out for rescue, he goes to horrifying lengths to survive. After breaking his ankle while attempting to hunt a bird, he amputates his foot, then realizes he has to eat it to survive. He continues to amputate his own limbs to use as a food source, ingesting the heroin for anesthesia during the operations.
His last few diary entries, barely comprehensible, indicate he has cut off and eaten everything below his waist, as well as his ears, and drools uncontrollably as he ponders which body part to consume next.
The diary entries end when he cuts off his left hand to eat. ("lady fingers they taste like lady fingers").
JimPortlandOR wrote: I have accounts at both Charles Schwab and TDAmeritrade. Both are low cost for trading, and customer service is excellent. I don't rely on them for investment advice.
I was considering TDAmeritrade or ETrade and viewing some promotional materials on their respective sites. Hadn't considered Schwab. Anyone have experience with ETrade?
I think they were just put on their heels by Canada's physical game, which Canada really hadn't played so far.
Given the pace of scoring in this game so far, however, it's still possible that the Russians will win it in the third. It's only a four point deficit, you never know.
I don't expect it; Canadians have momentum and a home crowd, but this game can turn around fast. I guess I'm still nervous about the Canadian goalie. He can still lose it for them.
Hard to say, in terms of the way teams can play up or down relative to their opponent in any given match. I'd say a shutout is always a good game, though, no matter how weak the opponent, in any sport.
Color me skeptical. You have to pump in O2 and NG into the expensive unit for electricity to pop out. You're infinitely dependent on input... and costs.
Install a turbine, FREE wind comes along and electricity pops out.
And surprise! folks that invested in google invested in bloom. Where are the first bloom installs?
Ever wonder who the limiteds are in the VCs? Ever suspect they sit on the boards of public companies? Ever wonder about the pricing of some of the deals csco has done?
Maybe bloom has reinvented fire, but until I see something other than a NEA/KPCB hype job, I reserve judgment.
You're not missing much. The greater DC area, despite sucking all of the wealth from the states she rules, doesn't have a single quality sports program at the moment with the possible exception of the Hoyas.
You're not missing much. The greater DC area, despite sucking all of the wealth from the states she rules, doesn't have a single quality sports program at the moment with the possible exception of the Hoyas.
I like watching the Capitals play when I'm in town, because it's a lot cheaper than watching the Senators in Ottawa or the Leafs in Toronto
Well, that was funny- SLS rejected my offer. I guess they prefer nothing to17 cents. The form letter in response to their robocall cutoff is a bit snippy. Now I guess I work on restructuring the first. Nothing like having more money due to not paying them. This whole event is turning farcical. I wonder how long it will take before I start getting the pleading for money letter. I will respond tomorrow asking them to send me the deed in lieu paperwork. Wanna bet they don't want the property.
I love America, where when they screw you they are first to want to get their money out of you, until they find out they really want you to voluntarily send them some money. Our creditors should be praying that we are dumb enough to keep mailing the checks. Instead, they get nothing. I will pay my Citibank credit card now;-}
ghost, you still around? what does 90 day unpaid heloc that is underwater sell for these days-nonrecourse state? Pennies?
I don't expect it; Canadians have momentum and a home crowd, but this game can turn around fast. I guess I'm still nervous about the Canadian goalie. He can still lose it for them.
Isn't going to happen - I can't imagine it - with a four goal lead Canada can sit on it if they want - even against a [potentially] high scoring team like the Russians.
Wow - I wouldn't have been surprised had Canada won but a blow out against the Rus wasn't on my radar.
Isn't going to happen - I can't imagine it - with a four goal lead Canada can sit on it if they want - even against a [potentially] high scoring team like the Russians.
Oh I agree, it's extremely unlikely; the Canadians--especially on an NHL surface--could simply clog the neutral zone and slow the game down to a crawl. But if they happened to take a couple of crappy penalties and the Russians found their sticks--with a wobbly Luongo, it could still turn around.
But I don't expect it either. And I really didn't expect this at all.
Oops, down goes Staal. Luckily he's got three clones. (now I expect Staal to get at least one more goal this game).
This is a field that most claim never does lay offs, and yet even that is not immune.
Teachers aids are so cheap, and technology could minimize the number of teachers needed. Desperate times might call for desperate measures and make things worse in that area.
Who knows what's normal for a large predator in an unnatural environment?
One of our cats that had never bit anyone once pounced on my back in middle of the night and went for the jugular.
No idea what provoked that, and has not bit once since that incident many years ago.
Wild animals are always wild animals, no matter how well trained they are
Orcas are very predictable in captivity. But not if they are abused.
So, this orca was probably abused. The problem is that they don't necessarily turn on the person who was abusing them. They can sqeak, but they can't talk. So, you never know.
It's too late now for the orca shrink to come in. The shrink can read their body language. If they have bad body language, they let them go, like Free Willy.
How surprising would it be for a state to start high school online classes for 2 out of 5 days or some variation
I've been wondering about the dropping of 12th grade that was proposed. If I could have gone to the local university that year, and then the real university the next year, I would have been better off. For many bright students, the last 1-3 years of high school they are topping out on the skill level of teachers.
On eve of Olympics, Iraq reveals how Uday got results
shiver
It was rumored that the Soviets while not going to that extreme did punish their players who didn't perform... most were 'officially' Red Army officers... if they did well they lived in luxury - if they failed it was a posting at a shabby base somewhere along the Soviet Chinese border.
Perhaps, but it won't have a single thing to do with the Bloom Box - the amount of oil used in electric power generation is pretty close to zero - also, IIRC unit costs were currently in the $600K - $800K range plus:
Still, many of the details that investors, customers and analysts really need to know to weigh the technology and the company's prospects remain obscure. Among those details are the price per kilowatt-hour, the system efficiency, how much electricity the boxes actually produce, the maintenance they require and the cells' reliability.
nova wrote: Total online would not be fun. No social interaction.
No social conditioning to hierarchy submission without high school. To the young child there are the Adults (gods) and children like themselves. In high school we introduce them to status consciousness and social inequality.
I gotta think Norris was leaked info by the administration to minimize the impact of a bad number, especially with all the jawboning recently about how the stimulus saved the economy.
I thought this was a little comical from the article:
Teachers rejected the improvement plan because it only offered them an extra $30 per hour for the extra work required by the plan, according to the Providence Journal.
"We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it". -- Congressman Louis T. McFadden
Like this high school in Rhode Island, where all the high school teachers got laid off?
The new Federal education incentives seem like they come with free spine implants for politicians and administrators. Proving once again that you can modify behavior with incentives.
Just wait until somebody figures out they can do this with teachers or parents.
My favorite suggestion? By a 2/3 majority of parents, a school can be moved to a different district. All they need is permission of the other district. A similar 2/3 vote could remove all the teachers and administrators. Want to put fear in the hearts of bad bureaucrats and teachers who don't care? That would do it.
I gotta think Norris was leaked info by the administration to minimize the impact of a bad number, especially with all the jawboning recently about how the stimulus saved the economy.
energyecon wrote:
Well we still should see $50 oil for a bit,
Rob's not gonna like that, he's holding out for $30.
In the $30s. Big difference. Actually it is stuff like solid state fuel cells and low priced solar that I expect to be the impetus. Man is Mexico and the Central Americas gonna be a mess with low priced oil. It may end up costing it more to clean up than the expensive oil might cost.
@scone (profile) wrote on Wed, 2/24/2010 - 7:56 pm
Joe's Garage so prescient and in full swing today
Zappa was a genius as a MUSICIAN ( actually one of top 5 guitarists ) with perhaps the most profound LYRICS and TOPICS.
North Carolina is going to by laying off its child support enforcement people July 1. The job was pushed down to the counties to pay. Some counties are just contracting out the service so good buy state employees.
km4 wrote:
Zappa was a genius as a MUSICIAN ( actually one of top 5 guitarists ) with perhaps the most profound LYRICS and TOPICS.
No doubt about that.
But the more pure music stuff, Weasels through to Yellow Shark, also is delightfully imbeddable in the consciousness.
Sorry for the delay. My daughter insists I read a chapter out of one of the American Girl books each night. It isn't too great of a burden except I've read each book about a half dozen or so time now.
"
Bets by some of the same banks that helped Greece shroud its mounting debts may actually now be
pushing the nation closer to the brink of financial ruin.
"
.
.
"
As Greece’s financial condition has worsened, undermining the euro, the role of Goldman Sachs and other major banks in masking the true extent of the country’s problems has drawn criticism from European leaders. But even before that issue became apparent, a little-known company backed by Goldman, JP Morgan Chase and about a dozen other banks had created an index that enabled market players to bet on whether Greece and other European nations would go bust.
"
COLUMBIA, S.C. -- Lawmakers in the South Carolina House will reduce the number of low-income children eligible for Medicaid programs next year and reduce to three the number of prescriptions patients can get.
COLUMBIA, S.C. (AP) — South Carolina budget writers are discussing plans to cut more than $100 million from classroom spending programs.
Sorry for the delay. My daughter insists I read a chapter out of one of the American Girl books each night. It isn't too great of a burden except I've read each book about a half dozen or so time now.
Ya my kids did that kind of stuff too - start making stuff up - change the story - see what they do - if they are like mine they'll be all over you.
Doesn't life become easier once you stop paying your bills?
Although I would hate to be in the governor's mansion receiving those collection calls: "If you don't pay us the $20 million we are owed, we are going to report it to the credit bureaus. You won't be able to get a loan for a car or be able to buy a house. It may even keep you from getting a job."
Hey Rob Dawg:
California One Step Closer To Insolvency After State Cancels $2 Billion General Obligation Bond Sale | zero hedge
Looking broke in the Golden State!
North Carolina is going to by laying off its child support enforcement people July 1.
Not sure how to ask this, but is NC one of the states where child support enforcement means getting money from one parent to another, or getting it from someone who might or might not be a parent into the state's coffers?
COLUMBIA, S.C. (AP) — South Carolina budget writers are discussing plans to cut more than $100 million from classroom spending programs.
I have been reading a stream of academic articles regarding how merely throwing more money at education doesn't do much. Not sure if the reverse is true.
Hey all, I wanted to drop a line... economic angst hit harder than usual today, so instead of hanging out here I've had to go to another level. I graphed up the new house sales data in the same format that I've been using for weekly unemployment claims (NSA, with each year's data getting a trace on a graph showing the calendar on the X-axis).
The January data that CR called our attention to, looks equally bad (or even worse) in this format. And the 2009 "recovery" ... wasn't. Yet. With the exception of October's (tax-credit driven) blip, every House Sale datum from 2009 was worse than the equivalent month in 2008, which was worse than 2007, which was worse than 2006, which was worse than 2005 ... which was the peak year.
On the plus side, it looks like the seasonal adjustments do not mangle the New House Sales data as badly as they mangle the Weekly Claims data. (Or maybe it's just that this collapse has been so immense that even the seasonal adjustments pale in comparison...)
Oh, and there's also a new post in my "Ethical Investing" series up tonight. I'm abandoning stock mutual funds as much as possible, and I think if more people realized what they are actually buying in their 401(k) plans, they might agree with me... More to come on how to invest without sponsoring and subsidizing the !
This is really big but somehow it isn't registering yet.
From the earlier link: "Treasurer Bill Lockyer postponed the deal for a week. He said the delay was required because the state legislature hadn't voted on a cash-management bill that would make California debt more appealing to investors and ratings firms."
What, they're debating where it can go, rather than to address immediate spending obligations? Or what? It's not like investors are unaware of the fact they're broke.
California One Step Closer To Insolvency After State Cancels $2 Billion General Obligation Bond Sale
I think that's a bogus headline, no? The sale was postponed while waiting for the legislature to greenlight a measure allowing more cash-management flexibility, or something. At least, that was the official story... It's not like the state was threatened with a credit rating downgrade if it took on more debt, or anything... oh wait...
NC is weak.
SC is where the action is.
COLUMBIA, S.C. -- Lawmakers in the South Carolina House will reduce the number of low-income children eligible for Medicaid programs next year and reduce to three the number of prescriptions patients can get.
COLUMBIA, S.C. (AP) — South Carolina budget writers are discussing plans to cut more than $100 million from classroom spending programs.
The big scandal here in Minnie is our governor vetoed a spending bill because it funded trails & civic centers [places to play hockey]... and the papers were all over him. The 'scrooge'. They have no clue - no clue - what this is all about. But maybe trails and civic centers make sense... civic centers to house people and trails so we can escape the city easier.
I think that's a bogus headline, no? The sale was postponed while waiting for the legislature to greenlight a measure allowing more cash-management flexibility,
Ask about what "cash-management flexibility" means. From my blog yesterday: The program would remain in place for the balance of this fiscal year, ending June 30, and through the next fiscal year, giving the financial officials more flexibility by not having to seek legislative approval each time.
I have been reading a stream of academic articles regarding how merely throwing more money at education doesn't do much. Not sure if the reverse is true.
Only one way to find out. Course when you are already at the bottom - can you get 'bottomer'?
Farming’s changing role in the Nation’s economy
1900
41 percent of workforce employed in agriculture
1930
21.5 percent of workforce employed in agriculture;
Agricultural GDP as a share of total GDP, 7.7 percent
1945
16 percent of the total labor force employed in agriculture;
Agricultural GDP as a share of total GDP, 6.8 percent
1970
4 percent of employed labor force worked in agriculture;
Agricultural GDP as a share of total GDP, 2.3 percent
2000/02
1.9 percent of employed labor force worked in agriculture (2000); Agricultural GDP as a share of total GDP (2002),
0.7 percent
Agricultural GDP as a share of total GDP (2002), 0.7 percent
If agricultural GDP is so low, why is my grocery bill so large? Or has the found more ways to middlemanage and intermediate here as well? (Or are they actually subtracting the federal subsidy payments from the agricultural "GDP"?)
If agricultural GDP is so low, why is my grocery bill so large?
Much of food processing is considered 'manufacturing'... retailing food is counted under 'consumption'. The way we do GDP accounting is really f'ed up. It doesn't take into account 'connectedness'.
Let's not be silly. This is the most complacent and pliant people in the history of the world. Okay, maybe I am exaggerating slightly, but we are no where near 1930s Germany.
North Carolina is going to by laying off its child support enforcement people July 1. The job was pushed down to the counties to pay. Some counties are just contracting out the service so good buy state employees.
edit...my mistake i misread child support as child protective...but still whats below may be interesting perception
just one good lawyer and a half dozen cases where the minimum wage child protective services workers allowed a deranged parent high on crack to burn and torture their infant, or starve the baby to death or leave the child in a car when it 90 degrees with the windows closed
and the string of 10 to 15 million dollar law suits and the public outrage will take a major portion of any saving that had been projected
and watch who sues...grandmothers of crack addicted daughter...father of boyfriend abuser..its sick but its a minefield and the poor child is thee victim as well as the tax-payer
in wa state the difference between min wage and stating salary child protective service worker is 15k per year...a pittance
And they like to believe that they're not paranoid, too. Americans are so much more paranoid than the Indians that I've worked with that it's fricking quantifiable.
No, you have to expect them to try every trick they can think up before they do the right things. It's part of the American psyche. I think Churchill got that one right. ("You can always count on the Americans to do the right thing - after they have tried everything else.")
I'm hoping that the realtors and homebuilders will understand that one-off tax gimmicks won't save them anymore, either.
The days of hard reckoning are coming.
BTW, I think you should keep your blog. You have things to say. I'm not a registered Google/Blogger user so I can't comment on your site, but I would've written:
Rob Dawg wrote:
4 posts a day and falling. Should i continue?
Yes. Quality is more important than quantity, and reality more important than entertainment!
Those of us in the reality-based community need to keep each other informed. The media certainly won't, at least not intentionally.
Tell you what, at say 3:00 in the morning, go to a stop lighted intersection and count how many cars run the light, despite the complete absence of danger from doing so.
This is the most complacent and pliant people in the history of the world. Okay, maybe I am exaggerating slightly, but we are no where near 1930s Germany.
It's not even anywhere near 1930s United States. I hope our role will again be to let the rest of the world go nuts (Greece seems to be in the lead this week) and then we pull our act together and clean up the mess... to our considerable advantage.
just one good lawyer and a half dozen cases where the minimum wage child protective services workers allowed a deranged parent high on crack to burn and torture their infant, or starve the baby to death or leave the child in a car when it 90 degrees with the windows closed
mock - they won't be able to sue the state for lack of child protection workers - sorry - they might sue somebody else w/ deep pockets [like the car mfg for not having anticipated they needed an automatic baby sprinkler system for absent minded crack moms who might leave their baby in the car on those rare 90 deg summer daze in NC]... but the state will skate.
I like modern history as much as the next guy. I think a strong argument could be made that were New York and St. Petersburg to have switched places, we would be extolling the virtues of communism today.
"Tell you what, at say 3:00 in the morning, go to a stop lighted intersection and count how many cars run the light, despite the complete absence of danger from doing so."
When I was in Beijing back in 2004 one night I observed a car stopped at a red light and the car behind honking because the first driver refused to drive through the red light. He finally gave up and drive around the first car and through the red light.
We have a ways to go in breaking the rules at the regular person level.
Tell you what, at say 3:00 in the morning, go to a stop lighted intersection and count how many cars run the light, despite the complete absence of danger from doing so.
I got ticketed for that. I was taking my wife the nurse in to work and didn't see the cop parked at the intersection with his lights off.
But I'd like to know whether the FDIC's "negative insurance fund balance" has led any folks to reconsider how they're handling their financials (other than stockpiling the barbarous relics), and if so, what changes people are making? I'm of the mind that there will still be banks, just not necessarily all of the current banks. But if we see another liquidity panic, it's hard to guess in advance which banks the mob will preserve and which will face runs. (Will we even see another liquidity panic, or will the Fed liquidify us in time, next time?)
I like modern history as much as the next guy. I think a strong argument could be made that were New York and St. Petersburg to have switched places, we would be extolling the virtues of communism today.
Well I've always said... even before GM, AIG & Chrysler... many big corporations always did look [and feel] like state owned enterprises. Maybe the differences between the two we point to always were false.
Both corporations and governments largely act on Max Weber's principles of bureaucracies. A lot of folks in this country somehow think the former are protected from it, but they aren't. If I am going to get a PhD in physics, one of the languages I'm highly recommended to learn is Russian. Wouldn't you know that Russia was pretty good at that and mathematics.
Fun on the abandoned home front in Cleveland. Gone beyond bandos and into urban terrorism. This one's got everything, including gas explosions, full-neighborhood carnage, negligent absentee California vulture investor landlords. Lifted from the Cleveland Plain Dealer 2/16:
The natural gas explosion that leveled a vacant, two-story colonial on West 83rd Street last month, and badly damaged a whole neighborhood, is a reminder that an abandoned house can be a ticking time bomb.
William Calderwood, who lived next door, has been indicted on burglary and aggravated arson charges in connection with the explosion, which damaged scores of buildings, injured several people and left 15 families homeless. He is accused of tampering with the gas line in the basement.
But the destruction was aided by an ineffective gas company protocol, an underenforced city ordinance and an absentee owner.
Let's start with the Dominion East Ohio Gas Co. policy that permits gas to be shut off at the meter inside a home rather than at the main shutoff valve near the street: In an era when vacant houses are commonly stripped of metal fittings – like gas meters and pipes – a curbside shutoff should become the norm.
The city could have been more aggressive, too. Even though there are more than 10,000 vacant and abandoned properties in Cleveland, an ordinance that empowers the head of Building and Housing to order utility companies to turn off gas, electricity and water service to abandoned, unsafe properties has been used only 2,400 times.
And then there is EZ Access Funding LLC, the California-based company that bought the house in December 2008.
EZ Access Funding owns 82 properties in Cuyahoga County. As of October, it owed the county $95,000 in back taxes, including $1,873 on the West 83rd Street ruin.
It's time to get tough: If an out-of-state company wants to buy property in Cleveland, it should be required to have a local contact – either someone living in the house, or a property manager. EZ Access had neither.
A cautionary tale, for investors who have no caution.
First and only ride I ever took in a Hummer was from the Jiuzhaigou airport further into the Szechuan highlands. Gotta say they were among the very very few made in USA vehicles I ever saw in China, and not too outrageous in that particular environment:
Hummer faces shutdown after Chinese sale collapses - Yahoo! Finance
I would like to ask a stupid, ill-considered question. There are some instances of not for profit organizations which look a lot like for profit ones: mutual insurers, coop bookstores, credit unions. You get the idea. Why are these never manufacturers? Or, why aren't they ever airlines? Imagine an airline owned by its travelers.
San Juan school district to issue 605 layoff notices - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee
You didn't mention the end of the article. "The district will hold a workshop to discuss recommended budget reductions and the possibility of issuing a facilities bond at a meeting beginning at 9 a.m. Friday"
I know that any new facilities might come online after the budget crisis. Still, what makes them think they will be able to staff any new facilities?
Mondragon Corporation would be the closest one with any scale.
The greatest issue, as I understand it, is the upfront cost is so great as to make mutualization difficult. There examples in South America were workers have forcibly taken over factories scheduled to close and simply run them against their owner's wills, but needless to say it is difficult to replicate that creation model.
Still, what makes them think they will be able to staff any new facilities?
Bond holders eat the school lunch before the kids. The State in places is also looking at an epic baby bust. Nothing like multimillion dollar facilities shuttered and still paying debt for 30 years.
There have been brief periods when the airlines were actually profitable without carrying mail.
One was the Lockheed Vega. Varney, for example, used the single-engine Vega and actually made money with it until the government required that all airliners be multi-engine. Thus, that gravy train ended.
The introduction of the DC3 in 1935 was another. The load immediately jumped to 28 seats, even though American, which originally ordered them, planned to use it as a sleeper.
The DC3, by the way, killed the Lockheed Super Electra. If it hadn't been for World War II and the British order for the Hudson bomber, Lockheed could have ended up bankrupt again. Of course, the Super Electra had tail flutter, which had to be worked out, but it was the DC3 that killed it.
Then there was the Constellation, but that's another story for another day.
This moment in aviation history was brought to you by Conjure Bag.
The State in places is also looking at an epic baby bust
I think the population of CA is dropping, except perhaps right at the coast. In the mid to longer term, it will have to do with inmigration, outmigration, and housing affordability. If housing becomes affordable and the State government doesn't implode, people will actually move to CA from other states.
Should we talk about the weather?
Should we talk about the government?
thread music
"Heck, maybe the snow storm boosted employment because of all the people hired temporarily to shovel snow! "
Or maybe companies couldn't lay people off because they were closed.
Let's not talk about employing people shoveling in DC....
I miss spending my idle hours here
fewer idle hours with the newborn around
oh well, maybe one day he'll count in he good part of ledger of the BLS jobs data - dare to dream
CR has a terrific sense of humor
Incidentally, the Russians and Canadians mens hockey teams are playing right now - 1-0 Canada in the first period....
Men's Play-offs Quarterfinals : Schedule and Results : Vancouver 2010 Winter Olympics
Hat tip to whoever posted the link to the USA - Swiss game earlier....
montas ankle wrote:
---Good luck on getting enough sleep to dream.
I'd be more concerned with the fact that initial jobless claims are parked at about 470K per week. This seems consistent with continued losses.
A great song by a great band.
What this country needs is a white collar strike.
Save more, spend less!
yup, I think the sleep deprivation has put me into an alternate universe, one where the S&P rises as new home sales fall to a record low
rosethorn wrote:
Save less, spend less; borrow nothing.
That score just went to 3-0? I didn't know you got credit for 2 goals at home in international play if they're extra stylish. But there's a great deal I don't know about hockey.
BLS been shovellin' so hard and so deep for so long a color change to snow won't make any difference.
has got their cover and
can effect an emergency evac while
has the high patrol.
I find it very hard to believe that people are incredibly more productive than they used to be.
Are you serious? Production today is hugely more efficient (see lights-out manufacturing).
Here is a chart from Pettis that shows that the manufacturing share of GDP has remained at similar levels for the past 60 years. However, labor has not. Therefore there are far fewer people producing the same level of output.
Real Manufacturing Output and Employment
What is interesting beyond the union/consequences of automation issue is that this is happening with ON-shore production. There is NO salvation in keeping jobs at home. Just sayin'
p.s. the Wolff chart talks about real wages not real output.
edit: chart from here: The pace of change
It's those confounded micro-transistors. They're everywhere now.
montas ankle wrote:
an alternate universe, one where the S&P rises as new home sales fall to a record low
No, that was anti-gravity manufactured by the Fed. It's a side effect of the reality distortion field generated in DC.
Anti-American bloc gains ground ahead of Iraq vote - Yahoo! News
The United States looks to the March 7 election as a key step to
Iraq's infant democracy.
Operation freedom for oil and $700B for MIC
It must be the weather
It's those confounded micro-transistors. They're everywhere now.
Coming to an outpatient surgery near you.
RE wrote:
Legislation such as minimum wage and mandatory benefits have pushed automation at home so companies could remain competitive with cheap foreign labor.... But there is still global wage arbitrage going on all the time... I think we are in the transition period from manual labor to no human labor - all robotics in the future, with each human given a regular allowance and costs set by the cost of production and 'rareness' of some items... Sort of a continuous auction of goods... Probably a lot of humans wont handle the world of no work very well....
Pretty soon we'll be communicating exclusively in icons. Talk like an Egyptian!
YouTube - The Bangles Walk Like An Egyptian
greenchutes wrote:
At first it was just
but now if you complain
.
and the
won't have to sic the
or call in the
.
Be a good
Canada 4 Russia 1 - close to the end of the first period...
Glyphs my good man
Glyph - Wikipedia, the free encyclopedia
Pretty soon we'll be communicating exclusively in icons.
We'll say: Talking to you is like talking to an iconostasis.
Big Hair Shag!
Canada 4 Russia 1 - close to the end of the first period...
There'll be some heavy, morose drinking in Moscow tomorrow.
pavel.chichikov wrote:
as usual?
pavel.chichikov wrote:
So about usual then.
scone wrote:
OT:
Euro no like Greece downgrade.
So about usual then.
Normalno.
Euro no like Greece downgrade.
On to BBB - ?
ShadowInventory wrote:
I agree with you on the first part but as I have stated here several times before, I don't think our societal structure will handle it very well. During the evolution of this process, I believe that "one person one vote" will die and the rest won't be fun. Germline engineering will allow the "haves" to redesign themselves into higher level beings which will result in some humans being declared the equivalent of animals. And the rest will be history.
i had outpatient surgery (ambulatory surgery) recently
are you saying they chipped me like a common dog or cat...sheeesh
how do i detect and remove my chip
can i use my AM radio and my boyscout knife
i dont want to set off the anti theft rfid detectors when shopping at walcosmartco
mock turtle wrote:
They cut your
off? That's harsh.
The state and local cutting continues.
San Juan school district to issue 605 layoff notices - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee
mock turtle wrote:
Microwave yourself on High for about 3 minutes - that should do it....
Germline engineering will allow the "haves" to redesign themselves into higher level beings
Maybe very clever people but a lot more stupid.
And a lot more paranoid.
You guys hear about the killer whale that killed a trainer today in Orlando? I thought the orcas were supposed to be our friends and allies against the
.
And murderous. Treacherous.
pavel.chichikov wrote:
I agree but much more powerful. I don't have a lot of hope that humans want to manage progress in the interest of humanity.
oxtail:
You're thinking of sperm whales.
Move up your California default countdown:
WSJ:
California, tripped up by a legislative hurdle, has postponed selling $2 billion in general obligation bonds, a move that may mean higher interest rates on the debt should the process drag out.
The bond sale was scheduled to begin next week and price on March 4, but state Treasurer Bill Lockyer postponed the deal for a week. He said the delay was required because the state legislature hadn't voted on a cash-management bill that would make California debt more appealing to investors and ratings firms.
This is a lot more ominous than it looks on the surface.
RE wrote:
Thanks for the chart. I totally accept your main point. I may not be quite so stupid as I seem, since I did assume that instead of hand-tools to do work, these super productive people now use robots, which presumably involves huge amounts of capital.
However, it seems surprising that manufacturing has remained so constant? Have the other components of GDP remained relatively similar?
Surely personal consumption and healthcare at least have increased in proportion to the decrease of something else?
Thatz why the data is "seasonally adjusted".
Winter is the time for snow storms.
If this snow storm occurred in June, then I could
understand CR's concerns.
If anybody wants to worry about abnormal patterns, he should
consider the 2010 Census jobs. This happens once in ten
years. Unlike storms that occur every year.
You guys hear about the killer whale that killed a trainer today in Orlando?
Orcas are aliens too, from our own planet, and who knows how they think, or why they do things?
An instructive story along this line is the arrival of Captain Cook's expedition on Hawaii, and what the Hawaiians thought it meant.
Rob Dawg wrote:
S&P still rates California debt higher than Greek debt. Is California eligible for an IMF workout?
Greece accuses Germany of wrecking its economy during Nazi occupation as debt-ridden nation is hit by more strikes
| Mail Online
Lol. We all knew this was coming...
When do the new 'green jobs' start kicking in to pick up all the unemployed ? Haven't heard that meme for a while from TPTB.
~splat
Is California eligible for an IMF workout?
After it declares independence.
Rajesh wrote:
EU to Greece is equivalent to US to California of $190 billion.
splat wrote:
When do the new 'green jobs' start kicking in to pick up all the unemployed ? Haven't heard that meme for a while from TPTB.
The green jobs were eaten by fat cows, so with luck there will be brown jobs eventually...
RE, I'm sure you'll appreciate this:
Made in China: Skill « bunnie's blog
ShadowInventory wrote "I think we are in the transition period from manual labor to no human labor - all robotics in the future, with each human given a regular allowance"
i wish the rulers will be so altruistic as you
but then if they ask
why maintain the useless proles
think of the great height of human development to which the elites and intelligencia can rise if only they let famine, disease and violence destroy the flotsam and jetsam of the world...plus think of the natural resource drain
wonder if TPTB ask, what minimum number of individuals are necessary to maintain sufficient human genetic diversity
hmmm and how do it that must be their question
ahhh maybe they will develop a pandemic in a bottle and inoculate the chosen and then open pandoras box
God forbid, but that may be where we are headed if we dont find our sense of social justice
think this is hyperbole...look at the unbounded greed of the bankstas and the horror of endless wars and guess again
pavel.chichikov wrote:
Jumps or gets pushed?
Oxtail wrote:
Apparently, Godwin is wrongly limited to internet threads.
OT: Looks like the Russians are gonna need to pull Tretiak out of the box and put him between the pipes. And fast.
OT: I'm going to join the dark side and open a trading account. Recommendations for a service that will treat a small-time sucker decently in terms of fees and services available? I'm only interested in losing mid-four figures right now.
scone wrote
"They cut your :Bic Flick off: ? That's harsh."
no, uh actually i had a master liquidity enhancement conduit, MLEC added to my system
came highly recommend by a treasury secretary named paulson
edit spellung
Jumps or gets pushed?
Please. Let's not set any precedents.
mock turtle wrote:
think this is hyperbole...look at the unbounded greed of the bankstas and the horror of endless wars and guess again
They've planned this for centuries. We are the unfit. They're just doing their god's work.
mock turtle wrote:
Sounds viagra-ish.
mock turtle wrote:
If that were true, the Indian elite would be ruling the world. And the Chinese elite wouldn't be pulling out all the stops to keep the growth machine humming. Billions of have-nots on the march scare the haves a mighty one.
Just don't cut off the Colorado!
Just don't cut off the Colorado!
Yeah, there are a few little problems.
i dont want to set off the anti theft rfid detectors when shopping at walcosmartco
walcosmartco. man i like that word. good job. fedgovsquidfuck. just practicing.
west of the fields wrote:
doubleplus good.
~splat
I've had a good experience with Tradeking.com. Commissions are rock bottom and the site is pretty nicely set up. They seem pretty responsive to customer concerns and suggestions.
west of the fields
touche!
JP wrote:
Jonathan wrote:
Sorry, I didn't mean it that way. I don't have the data handy right now but I'm certain that agriculture had a much larger share of GDP historically. I'm still looking for a decent source, hopefully a ready made chart. I'm lazy nowadays.
This business of the elite. Do you think they really could have made less of a mess of things if they'd wanted? That they only design the world for waste and disorder as part of a plot? Perhaps they are overestimated. Perhaps they are not as much in control as you may think. Maybe their own illusion is that they are in control, when the processes set loose are inherently uncontrollable, incomprehensible. Perhaps they';re not even capable of effective cooperation within their own order, or only sporadically. Do they even exist, except as an illusion?
Look back at the last hundred years. Have they learned any lessons? We'll see.
splat wrote:
What's wrong with the "walcostdepot" we've been using for about 4 years?
"Shop smart, shop S-Mart." - Bruce Campbell in "Evil Dead III Army of Darkness"
Oxtail
yeah its a shame bout the orca killing its trainer
but i guess it just goes to show
that any intelligent creature
can just take so much squid jammed down its throat
and finally they snap
"Evil Dead III Army of Darkness"
Dead as in a metaphorical death?
ShadowInventory wrote:
7 to 2 now - wow - I thought the Rus would challenge if not win... Team Canada will have to be favored to win it all now - especially after the weak US effort today [and the fact Team USA got out shot & out hustled by Canada in game one - US just had the better goalie that day].
From last thread
"Lawyerliz wrote:
I'm curious about something. Can you get your servicer changed without changing the loan? Maybe trace the mortgage to its actual owner and tell them (or their regulator) that you are willing and able to make payments, but you are faced with massive incompetence?
PIMCO: The US Falls Into the Sovereign Debt Ring of Fire
RE wrote:
Read much George Orwell?
*7 to 2 now - wow - *
Good thing the Old Man isn't around any more. This is bad enough.
ShadowInventory wrote in reply to.. 6:20 pm
mock turtle wrote:
how do i detect and remove my rfid chip
Microwave yourself on High for about 3 minutes - that should do it....
ok i tried...got myself crammed into the microwave...but then couldnt figure out how to turn it on with the door shut
any idea?
Jonathan wrote:
It is fascinating but I've seen lots of things like this on the Indian subcontinent. I used to be a software outsourcing expert...
What should be of interest is that even China lost lots of manufacturing jobs:
an old but still relevant link:
China Losing More Manufacturing Jobs Than U.S. But Adding Service Jobs at a Rapid Pace
Well, the better goalie is more than half of hockey and often soccer, right?
pavel.chichikov wrote:
I haven't maybe in the next 48
pavel.chichikov wrote:
Maybe their own illusion is that they are in control, when the processes set loose are inherently uncontrollable, incomprehensible.
The illusion of control only grows as money does. It's a self-reinforcing delusion of lordship. But I agree with you... it's Pauli exclusion principle-like, I believe... the more control they gain of money, the less control they have over value.
In gambling parlance 'whale' means a high roller, and if one of the Wall*Street varieties were to roll over on us, that'd be killer.
pavel.chichikov wrote:
This stuff just writes itself. "My hand went bad so I cut it off."
RE wrote:
That is what happens when you don't realize the race to the bottom occurs in a bottomless pit.
CaptainMorgan wrote:
And it comes with free environmental degradation too !
~splat
This stuff just writes itself. "My hand went bad so I cut it off."
That's the way people can feel about a lot of things.
Those evil dead zombie movies are about how things can seem on a subway after a hard day.
Bloom Energy Reveals Its Supersecret Fuel Cell Technology - DailyFinance
might wanna get ready for sub-50 dollar oil.
Seems the whales forgot to save some krill.
Dollar, dollar, krill, yo.
And the evil, hideous, scary aliens too.
Self-portraits.
some investor guy wrote:
No need anymore. 1984 has come and gone. It has become even more fascinating now.
Walk the plankton, landlubber_____
1984 has come and gone.
The technology has. Not the sociology.
greenchutes wrote:
A goalie can almost single-handedly win a game in hockey, it's true. But I'm not terribly impressed with Luongo tonight; a couple good saves, but he doesn't seem particularly sharp. Better than Nabokov (tonight), no doubt, but that poor boy has absolutely zero defence. It's like Russia has five forwards on the ice and no defencemen.
EDIT: I'm dissappointed the Russians aren't putting up a better fight tonight, no matter what the score.
Walk the plankton, landlubber_____
That's a stitch!
ResistanceIsFeudal wrote:
I have accounts at both Charles Schwab and TDAmeritrade. Both are low cost for trading, and customer service is excellent. I don't rely on them for investment advice.
It's like Russia has five forwards on the ice and no defencemen.
They're throwing it!
Just kidding.
If that BloomBox thing isn't basically a scam, then it holds some promise for turning the huge amounts of natural gas we have into useful electricity.
Add battery technology and we could really have something.
I was kinda scared with the hand-waving and sand and 'magic ink' shown in the 60 minutes segment, but wow, eBay certainly seem to be getting power from it.
pavel.chichikov wrote:
Honestly, I wondered for a minute or two
I missed most of the first period goals as I was putting the kids to bed. But what I've seen is definitely not the Russia I was expecting.
Not a bad theory - Nabokov was known to be pissed at what he felt was low-balling by the Sharks.
Will we have a "Weather and February Retail Sales Report?"
They wouldn't dare!
Not even if the Moscow Mob bet on Canada.
@HomeGnome -- this one's for you:
YouTube - Cosmic Slop- Houston 1978
low-balling by the Sharks.
?
I remember being excited once because I actually had enough money that Schwab would actually give me the time of day to dispense investment advice.
My excitement diminished about 2 minutes into the conversation when I realized I knew more than the guy across the table.
To be young and foolish.
over 200 million VC money in this thing already.
you cant even invest in this technology, unless you are an end user...
didja see that last part about a unit being in the 3k range...its an off grid doomers wet dream.
Survivor Type by Stephen King is written as the diary of a disgraced surgeon, Richard Pine (real name Richard Pinzetti), who, while attempting to smuggle a large amount of heroin on a cruise ship, finds himself marooned on a tiny island in the Pacific with very limited supplies and no food.
A self-proclaimed "survivor" type, his diary entries documenting his day to day activities become more and more disjointed and raving (similar to the writing technique used in Flowers for Algernon), revealing his slow mental decay and eventual insanity caused by starvation, isolation, and drug use.
Determined to hold out for rescue, he goes to horrifying lengths to survive. After breaking his ankle while attempting to hunt a bird, he amputates his foot, then realizes he has to eat it to survive. He continues to amputate his own limbs to use as a food source, ingesting the heroin for anesthesia during the operations.
His last few diary entries, barely comprehensible, indicate he has cut off and eaten everything below his waist, as well as his ears, and drools uncontrollably as he ponders which body part to consume next.
The diary entries end when he cuts off his left hand to eat. ("lady fingers they taste like lady fingers").
Survivor Type
From Wikipedia, the free encyclopedia
greenchutes wrote:
Live by the goalie - die by the goalie. I'd like US chances a lot more if they had as many shots on goal as Canada did in the last game.
Only need a few to sneak by and blow what otherwise was a very nice run.
Also - unless the US plays better than they did against the Swiss [like Canada is now] they never make it to the rematch - they watch instead.
JimPortlandOR wrote:
I have accounts at both Charles Schwab and TDAmeritrade. Both are low cost for trading, and customer service is excellent. I don't rely on them for investment advice.
I was considering TDAmeritrade or ETrade and viewing some promotional materials on their respective sites. Hadn't considered Schwab. Anyone have experience with ETrade?
pavel.chichikov wrote:
I think they were just put on their heels by Canada's physical game, which Canada really hadn't played so far.
Given the pace of scoring in this game so far, however, it's still possible that the Russians will win it in the third. It's only a four point deficit, you never know.
I don't expect it; Canadians have momentum and a home crowd, but this game can turn around fast. I guess I'm still nervous about the Canadian goalie. He can still lose it for them.
It's all in his wiki bio, Pavel - Evgeni Nabokov - Wikipedia, the free encyclopedia .
bANK fAILURE wrote:
Did you see it uses natural gas? Hardly off the grid unless you have your own gas well.
Personally, $2/W solar would be ok for me. Note there yet, but moving.
Hard to say, in terms of the way teams can play up or down relative to their opponent in any given match. I'd say a shutout is always a good game, though, no matter how weak the opponent, in any sport.
bANK fAILURE wrote:
In the future, maybe. I have read six figure prices at present time.
Thanks. I don't follow sports, actually.
Scone<
Solid.
Color me skeptical. You have to pump in O2 and NG into the expensive unit for electricity to pop out. You're infinitely dependent on input... and costs.
Install a turbine, FREE wind comes along and electricity pops out.
AB
i followed your link and got this at the bottom
"this short story-related article is a stub. You can help Wikipedia by expanding it."...
how disgusting..and fitting
Anonymous Bosch wrote:
---For now.
I'm pretty sure TPTB will try to tax the wind next.
OR more likely a wind fee...
bANK fAILURE wrote:
And surprise! folks that invested in google invested in bloom. Where are the first bloom installs?
Ever wonder who the limiteds are in the VCs? Ever suspect they sit on the boards of public companies? Ever wonder about the pricing of some of the deals csco has done?
Maybe bloom has reinvented fire, but until I see something other than a NEA/KPCB hype job, I reserve judgment.
*eBay certainly seem to be getting power from it. *
...and Fedex, wal-mart and that big power hog google.
You're not missing much. The greater DC area, despite sucking all of the wealth from the states she rules, doesn't have a single quality sports program at the moment with the possible exception of the Hoyas.
Jonathan wrote:
Just the bare panels are close if you buy by the pallet or buy blemished panels (which are producing rated power) you can get into $2 and change /W.
Not quite $2/W for installed producible power though.
CaptainMorgan wrote:
I've had this experience with pension funds and other institutional investors.
greenchutes wrote:
I like watching the Capitals play when I'm in town, because it's a lot cheaper than watching the Senators in Ottawa or the Leafs in Toronto
And just as fun!
you mean me disgusting, mock? The short story was in an anthology of sailing stories fittingly called S.O.S.
Oh! "a stub" I get it.... finally.
That's not normal. That orca went rogue.
You're not missing much.
I lost interest a long time ago. For one thing, it takes too much time to watch.
Godwinites.
Well, that was funny- SLS rejected my offer. I guess they prefer nothing to17 cents. The form letter in response to their robocall cutoff is a bit snippy. Now I guess I work on restructuring the first. Nothing like having more money due to not paying them. This whole event is turning farcical. I wonder how long it will take before I start getting the pleading for money letter. I will respond tomorrow asking them to send me the deed in lieu paperwork. Wanna bet they don't want the property.
I love America, where when they screw you they are first to want to get their money out of you, until they find out they really want you to voluntarily send them some money. Our creditors should be praying that we are dumb enough to keep mailing the checks. Instead, they get nothing. I will pay my Citibank credit card now;-}
ghost, you still around? what does 90 day unpaid heloc that is underwater sell for these days-nonrecourse state? Pennies?
Someday this war's gonna end...
That's not normal.
Who knows what's normal for a large predator in an unnatural environment?
noob goldberg wrote:
Isn't going to happen - I can't imagine it - with a four goal lead Canada can sit on it if they want - even against a [potentially] high scoring team like the Russians.
Wow - I wouldn't have been surprised had Canada won but a blow out against the Rus wasn't on my radar.
You can take a straight line from Hendrix to P-Funk to Living Colour...
Everywhere, teachers are getting laid off.
Is it possible the downdraft in govt. spending will offset all that growth in tech and exports that CR is predicting??
Night all. I expect to see snow on the ground tomorrow morning. Back to the shovel.
dryfly wrote:
Oh I agree, it's extremely unlikely; the Canadians--especially on an NHL surface--could simply clog the neutral zone and slow the game down to a crawl. But if they happened to take a couple of crappy penalties and the Russians found their sticks--with a wobbly Luongo, it could still turn around.
But I don't expect it either. And I really didn't expect this at all.
Oops, down goes Staal. Luckily he's got three clones. (now I expect Staal to get at least one more goal this game).
rich wrote:
This is a field that most claim never does lay offs, and yet even that is not immune.
Teachers aids are so cheap, and technology could minimize the number of teachers needed. Desperate times might call for desperate measures and make things worse in that area.
How surprising would it be for a state to start high school online classes for 2 out of 5 days or some variation
pavel.chichikov wrote:
One of our cats that had never bit anyone once pounced on my back in middle of the night and went for the jugular.
No idea what provoked that, and has not bit once since that incident many years ago.
Wild animals are always wild animals, no matter how well trained they are
CaptainMorgan,
A meow cat or a roar cat?
Orcas are very predictable in captivity. But not if they are abused.
So, this orca was probably abused. The problem is that they don't necessarily turn on the person who was abusing them. They can sqeak, but they can't talk. So, you never know.
It's too late now for the orca shrink to come in. The shrink can read their body language. If they have bad body language, they let them go, like Free Willy.
Do recognize that high schools have similar benefits to the institution we otherwise call prison.
Dude, that would, like be, you know, like, totally, the bomb and stuff.
Badger,
I don't understand
dryfly wrote:
Okay, now that the Russians have taken two really stupid penalties, I don't have any more doubts.
Nova, I suggested the online thing last night, for good, proven students only.
The teachers aren't unionized, so it could happen.
CaptainMorgan wrote:
That's what the
says about us.
Damn, I shorted the orca.
nova wrote:
Plain old little sweet meow cat, I am not foolish enough to have the other kind. It is an old
now, and like I said a one time isolated incident.
It is an experience that makes one realize having the other kind or any wild animal is playing Russian roulette.
You are aware, of course, that the average high school graduation rate in America hovers near 50%.
Fifty percent.
Pathetic
dr munch,
It's a good idea. I bet if you let them go at their own pace a lot of them would be done by the time they turned 16
How surprising would it be for a state to start high school online classes for 2 out of 5 days or some variation
Like this?
About Us
(NH has a free online high school {charter school})
noob goldberg wrote:
They need to reinstate the Gulag before the next Olympics - as motivation.
badger wrote:
But prison guards don't get the summer off.
On eve of Olympics, Iraq reveals how Uday got results
shiver
Total online would not be fun. No social interaction.
nova wrote:
I've been wondering about the dropping of 12th grade that was proposed. If I could have gone to the local university that year, and then the real university the next year, I would have been better off. For many bright students, the last 1-3 years of high school they are topping out on the skill level of teachers.
Anonymous Bosch
you are correct on re-consideration...i did not intend to call you disgusting
i was referring to the jukstaposition between the story
and then the wiki invitation to improve on the "stub" (smile)
and i was trying to be... wry?
Rob Dawg wrote:
The name's Ash...housewares
gimme some sugar baby.
Necranomicon....FTW
Everywhere, teachers are getting laid off.
Like this high school in Rhode Island, where all the high school teachers got laid off?
Rhode Island School District to Fire All its Teachers at Central Falls Senior High School - ABC News
badger wrote:
You mean pension and retiree medical for employees? Or keeping young people off the street where they would commit crimes?
This'll put yer aura on spin cycle:
YouTube - Frank Zappa - Stairway To Heaven
Outsider, The article says 50% will be rehired.
badger
true re comparison of high school verses prisons
added plus...high school costs are much less... 5k per year per pupil versus 50k or even much more for prison !!!
JP wrote:
It was rumored that the Soviets while not going to that extreme did punish their players who didn't perform... most were 'officially' Red Army officers... if they did well they lived in luxury - if they failed it was a posting at a shabby base somewhere along the Soviet Chinese border.
bANK fAILURE wrote:
Perhaps, but it won't have a single thing to do with the Bloom Box - the amount of oil used in electric power generation is pretty close to zero - also, IIRC unit costs were currently in the $600K - $800K range plus:
nova wrote:
Total online would not be fun. No social interaction.
No social conditioning to hierarchy submission without high school. To the young child there are the Adults (gods) and children like themselves. In high school we introduce them to status consciousness and social inequality.
I gotta think Norris was leaked info by the administration to minimize the impact of a bad number, especially with all the jawboning recently about how the stimulus saved the economy.
I just report the hype.
you know my gas runs liquid.
Massachusetts Senate eyes creating a state bank
| Reuters
Massachusetts, North Dakota + a few more and we'll have
for BB and the Fed
bANK fAILURE wrote:
bANK fAILURE wrote:
That might leave a stain.
Edit: HG>dryfly
bANK fAILURE wrote:
That is all that price point is at the moment - current cost is ~200x that...
bANK fAILURE wrote:
Ohhhhhh. Misspelled. That's bad. Very bad.
No more than 50% can be re-hired.
I thought this was a little comical from the article:
Teachers rejected the improvement plan because it only offered them an extra $30 per hour for the extra work required by the plan, according to the Providence Journal.
The teachers had requested $90 per hour.
dryfly wrote:
Luongo has definitely picked up his game in the third. That was a very impressive stop.
"We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it". -- Congressman Louis T. McFadden
nova yes exactly
and thats why ive argued against home schooling...all tho i understand parents who want to
1 infuse religion into education (dont agree but understand)
2 protect their kids from a violent neighborhood school
3 believe they can teach better than teacher (sometime yes often not)
but as you said the socialization is a major plus for sending kids to school..public or private
Threatening to put perps back in high school would certainly cut the crime rate.
JP wrote:
Anyone want to give odds that we see an IPO before we see a $3K priced unit?
Outsider wrote:
The new Federal education incentives seem like they come with free spine implants for politicians and administrators. Proving once again that you can modify behavior with incentives.
Just wait until somebody figures out they can do this with teachers or parents.
My favorite suggestion? By a 2/3 majority of parents, a school can be moved to a different district. All they need is permission of the other district. A similar 2/3 vote could remove all the teachers and administrators. Want to put fear in the hearts of bad bureaucrats and teachers who don't care? That would do it.
RiF,
I don't know about all that. I did discover Carol, Karen, and Kitty,
YouTube - Stompin Tom Connors - The Hockey Song
Ken is really pumping out the "smileys' these days.
kcoop has been busy...



Thanks Ken...
And so convenient for scoring a dime bag.
YouTube - Frank Zappa - Whippin' Post - Barcelona 1988
dryfly wrote:
I can't believe we finally got the
I dont care that the backstory on the
has to do with the ?Matrix?
it'll always be yuri gellers spoon.
2me.
Big Zappa fan here....this is one of my favs
Yancey Ward wrote:
Jawbone of an Ass icon? That'ud be a tough one...
bANK fAILURE wrote:
Well we still should see $50 oil for a bit, then the next spike - and that on a funamentals basis, no
liquidity events
I'm still holding out for the :penguin:
In this day and age, it's an absolute necessity.
Penguins: We eat squid for breakfast.
bANK fAILURE
how the heck did you do that?
my palate doesnt have a...oh wait maybe i need to re-load
energyecon wrote:
Rob's not gonna like that, he's holding out for $30.
Rob Dawg wrote:
Well maybe I didn't say every single syllable...
bANK fAILURE wrote:
OMG! Ken does it again!
Rob Dawg wrote:
OK, I gotta find some pennies to throw in the change jar on the counter, kcoop is da
broward wrote:
In the $30s. Big difference. Actually it is stuff like solid state fuel cells and low priced solar that I expect to be the impetus. Man is Mexico and the Central Americas gonna be a mess with low priced oil. It may end up costing it more to clean up than the expensive oil might cost.
always be closing.
sweet!!
(this post is otherwise pointless)
For some reason, Gail, aka The Enforcer, has allowed Joe's Garage to stay up intact:
YouTube
- Frank Zappa - The Central Scrutinizer + Joe's Garage
Rob Dawg wrote:
I thought you didn't like to go long on short trades.
Oxtail wrote:
Is Greece really just saying that the Goldman Nazis continue to take advantage of them?
standard close

misean taught me that.
Joe's Garage so prescient and in full swing today
Zappa was a genius as a MUSICIAN ( actually one of top 5 guitarists ) with perhaps the most profound LYRICS and TOPICS.
YouTube - Toad the Wet Sprocket - Fly From Heaven
last yuri geller reference.
The white zone is for loading and unloading only....
km4 wrote:
No doubt about that.
But the more pure music stuff, Weasels through to Yellow Shark, also is delightfully imbeddable in the consciousness.
North Carolina is going to by laying off its child support enforcement people July 1. The job was pushed down to the counties to pay. Some counties are just contracting out the service so good buy state employees.
Anak wrote:
Nanook and the yellow snow.
Local banker story-
A banker from Dallas (GA) has won the special election to fill the vacant seat created by the resignation of former House Speaker Glenn Richardson.
Stout won the seat despite an embarrassing admission that 10 years ago, when his first wife was pregnant, had had an affair with her mother.
Ex- Speaker's Seat Filled - WSB News on wsbradio.com
And yes his bank is on the unoffical troubled list.--Heritage First in Rome, GA. When it fails we will need a Ms. Robinson haiku.
Bingo. The latter that is.
Sorry for the delay. My daughter insists I read a chapter out of one of the American Girl books each night. It isn't too great of a burden except I've read each book about a half dozen or so time now.
Where have we seen this before!
"
Bets by some of the same banks that helped Greece shroud its mounting debts may actually now be
pushing the nation closer to the brink of financial ruin.
"
.
.
"
As Greece’s financial condition has worsened, undermining the euro, the role of Goldman Sachs and other major banks in masking the true extent of the country’s problems has drawn criticism from European leaders. But even before that issue became apparent, a little-known company backed by Goldman, JP Morgan Chase and about a dozen other banks had created an index that enabled market players to bet on whether Greece and other European nations would go bust.
"
[Squid Striks again!]
- NY Times
Try reading it with your daughter, badger.
lol.
O H Chick wrote:
Wow - Georgia has it going on!
Hey Rob Dawg:
California One Step Closer To Insolvency After State Cancels $2 Billion General Obligation Bond Sale | zero hedge
Looking broke in the Golden State!
Someday this war's gonna end...
NC is weak.
SC is where the action is.
COLUMBIA, S.C. -- Lawmakers in the South Carolina House will reduce the number of low-income children eligible for Medicaid programs next year and reduce to three the number of prescriptions patients can get.
COLUMBIA, S.C. (AP) — South Carolina budget writers are discussing plans to cut more than $100 million from classroom spending programs.
badger wrote:
Ya my kids did that kind of stuff too - start making stuff up - change the story - see what they do - if they are like mine they'll be all over you.
Doesn't life become easier once you stop paying your bills?
Although I would hate to be in the governor's mansion receiving those collection calls: "If you don't pay us the $20 million we are owed, we are going to report it to the credit bureaus. You won't be able to get a loan for a car or be able to buy a house. It may even keep you from getting a job."
dryfly wrote:
fyi for dry:
We been bad over here in Knockoffia, so we get messages like this:
"This video contains content from EMI. It is no longer available in your country."
I suppose it's better than China proper where Youtube does not go at all.
Citizen AllenM wrote:
Thanks. I started hearing the whispers of troubles and reported them here a little more than a week ago. Above I linked to the WSJ breaking news. This is really big but somehow it isn't registering yet.
Comment by Rob Dawg from thread 'Weather and the February Employment Report'
comrade mike wrote:
Not sure how to ask this, but is NC one of the states where child support enforcement means getting money from one parent to another, or getting it from someone who might or might not be a parent into the state's coffers?
Insert your favorite horror story here_______
HomeGnome wrote:
I have been reading a stream of academic articles regarding how merely throwing more money at education doesn't do much. Not sure if the reverse is true.
Hey all, I wanted to drop a line... economic angst hit harder than usual today, so instead of hanging out here I've had to go to another level. I graphed up the new house sales data in the same format that I've been using for weekly unemployment claims (NSA, with each year's data getting a trace on a graph showing the calendar on the X-axis).
The January data that CR called our attention to, looks equally bad (or even worse) in this format. And the 2009 "recovery" ... wasn't. Yet. With the exception of October's (tax-credit driven) blip, every House Sale datum from 2009 was worse than the equivalent month in 2008, which was worse than 2007, which was worse than 2006, which was worse than 2005 ... which was the peak year.
On the plus side, it looks like the seasonal adjustments do not mangle the New House Sales data as badly as they mangle the Weekly Claims data. (Or maybe it's just that this collapse has been so immense that even the seasonal adjustments pale in comparison...)
Investing for Sustainable Gains
Oh, and there's also a new post in my "Ethical Investing" series up tonight. I'm abandoning stock mutual funds as much as possible, and I think if more people realized what they are actually buying in their 401(k) plans, they might agree with me... More to come on how to invest without sponsoring and subsidizing the
!
Rob Dawg wrote:
From the earlier link: "Treasurer Bill Lockyer postponed the deal for a week. He said the delay was required because the state legislature hadn't voted on a cash-management bill that would make California debt more appealing to investors and ratings firms."
What, they're debating where it can go, rather than to address immediate spending obligations? Or what? It's not like investors are unaware of the fact they're broke.
Citizen AllenM wrote:
I think that's a bogus headline, no? The sale was postponed while waiting for the legislature to greenlight a measure allowing more cash-management flexibility, or something. At least, that was the official story... It's not like the state was threatened with a credit rating downgrade if it took on more debt, or anything... oh wait...
Wisdom Speaker wrote:
Yes, 2005 was the peak year, you can see it the change in housing inventories in Nov/Dec.
I submit to you that this is a continuation of 2001-2003 crash, look at how the DOW topped out at almost the same spot again.
That's a hard constraint somewhere.
HomeGnome wrote:
The big scandal here in Minnie is our governor vetoed a spending bill because it funded trails & civic centers [places to play hockey]... and the papers were all over him. The 'scrooge'. They have no clue - no clue - what this is all about. But maybe trails and civic centers make sense... civic centers to house people and trails so we can escape the city easier.
Lockyer Urges Passage of Cash-Flow Bill - Bond Buyer Breaking News Article
Anak wrote:
"He's not dead yet. He's only mostly dead."
Where is Miracle Max when we need him?
Wisdom Speaker wrote:
Ask about what "cash-management flexibility" means. From my blog yesterday:
The program would remain in place for the balance of this fiscal year, ending June 30, and through the next fiscal year, giving the financial officials more flexibility by not having to seek legislative approval each time.
Screw all that Constitutional protection shit.
some investor guy wrote:
Only one way to find out. Course when you are already at the bottom - can you get 'bottomer'?
Do you trust the USDA? Theoretically, they know something about agriculture, though the practice might be different.
The 20th Century Transformation of U.S. Agriculture and Farm Policy
Wisdom Speaker wrote:
Takeoff that line in 2004's "Dawn Of The Dead" -
Kenneth: Is everyone there dead?
Steve: Well... dead-ish.
Odysseus wrote:
If agricultural GDP is so low, why is my grocery bill so large? Or has the
found more ways to middlemanage and intermediate here as well? (Or are they actually subtracting the federal subsidy payments from the agricultural "GDP"?)
You want Taxation AND Representation?
---Caught me another candidate for the "Freedom Education Farm"
DHS, I can haz reward?
Rob Dawg wrote:
Pardon my quiet while I go and catch up on your blog for a bit!
The CA sale is delayed one week. Expected to price March 4.
Wisdom Speaker wrote:
Don't forget to look out behind the barn.
Rob Dawg wrote:
Do first, defend/litigate later.
Wisdom Speaker wrote:
Not as big as FIRE inspired bodacity and its "contribution" to gdp, supposedly.
Wisdom Speaker wrote:
Much of food processing is considered 'manufacturing'... retailing food is counted under 'consumption'. The way we do GDP accounting is really f'ed up. It doesn't take into account 'connectedness'.
Rob Dawg wrote:
I'm telling you.
This place is gonna look a lot like Germany, 1931 soon.
Rob Dawg wrote:
Let me guess, half pack o Luckies and three well worn Playboys?
The best thing I've manufactured in the last week was Seared Scallops and Pea Risotto!
Let's not be silly. This is the most complacent and pliant people in the history of the world. Okay, maybe I am exaggerating slightly, but we are no where near 1930s Germany.
broward wrote:
What do you think my countdowns and conjure's clocks are/were about? So obvious, so avoidable and yet...
comrade mike wrote:
edit...my mistake i misread child support as child protective...but still whats below may be interesting perception
just one good lawyer and a half dozen cases where the minimum wage child protective services workers allowed a deranged parent high on crack to burn and torture their infant, or starve the baby to death or leave the child in a car when it 90 degrees with the windows closed
and the string of 10 to 15 million dollar law suits and the public outrage will take a major portion of any saving that had been projected
and watch who sues...grandmothers of crack addicted daughter...father of boyfriend abuser..its sick but its a minefield and the poor child is thee victim as well as the tax-payer
in wa state the difference between min wage and stating salary child protective service worker is 15k per year...a pittance
badger wrote:
I know that most Americans like to believe that.
And they like to believe that they're not paranoid, too. Americans are so much more paranoid than the Indians that I've worked with that it's fricking quantifiable.
Rob Dawg wrote:
No, you have to expect them to try every trick they can think up before they do the right things. It's part of the American psyche. I think Churchill got that one right. ("You can always count on the Americans to do the right thing - after they have tried everything else.")
I'm hoping that the realtors and homebuilders will understand that one-off tax gimmicks won't save them anymore, either.
The days of hard reckoning are coming.
BTW, I think you should keep your blog. You have things to say. I'm not a registered Google/Blogger user so I can't comment on your site, but I would've written:
Rob Dawg wrote:
Yes. Quality is more important than quantity, and reality more important than entertainment!
Those of us in the reality-based community need to keep each other informed. The media certainly won't, at least not intentionally.
Anyone have the latest hockey score? I'm still showing 7-3 with 15 minutes left.
broward wrote:
Working on that:
A Timeline of American Paranoia | PBC Blog
Tell you what, at say 3:00 in the morning, go to a stop lighted intersection and count how many cars run the light, despite the complete absence of danger from doing so.
badger wrote:
It's not even anywhere near 1930s United States. I hope our role will again be to let the rest of the world go nuts (Greece seems to be in the lead this week) and then we pull our act together and clean up the mess... to our considerable advantage.
Revulution!
http://www.newyorkslime.com/tea-party-misspelled-signs-02.jpg
broward wrote:
Just because you're paranoid does not mean that they're NOT out to get you!!!
"Trust no one, and keep your weapon handy." -- tag line from an old RPG I never played.
mock turtle wrote:
mock - they won't be able to sue the state for lack of child protection workers - sorry - they might sue somebody else w/ deep pockets [like the car mfg for not having anticipated they needed an automatic baby sprinkler system for absent minded crack moms who might leave their baby in the car on those rare 90 deg summer daze in NC]... but the state will skate.
poic wrote:
Done - Rus sent to Siberia.
I like modern history as much as the next guy. I think a strong argument could be made that were New York and St. Petersburg to have switched places, we would be extolling the virtues of communism today.
HomeGnome wrote:
Dude, that's how they generate the faux authenticity that convinces the rabble they're not actually being manipulated!
Wisdom Speaker wrote:
Well, it worked for dubya!
"Tell you what, at say 3:00 in the morning, go to a stop lighted intersection and count how many cars run the light, despite the complete absence of danger from doing so."
When I was in Beijing back in 2004 one night I observed a car stopped at a red light and the car behind honking because the first driver refused to drive through the red light. He finally gave up and drive around the first car and through the red light.
We have a ways to go in breaking the rules at the regular person level.
badger wrote:
I got ticketed for that. I was taking my wife the nurse in to work and didn't see the cop parked at the intersection with his lights off.
I've got to check out for the night.
But I'd like to know whether the FDIC's "negative insurance fund balance" has led any folks to reconsider how they're handling their financials (other than stockpiling the barbarous relics), and if so, what changes people are making? I'm of the mind that there will still be banks, just not necessarily all of the current banks. But if we see another liquidity panic, it's hard to guess in advance which banks the mob will preserve and which will face runs. (Will we even see another liquidity panic, or will the Fed liquidify us in time, next time?)
badger wrote:
Well I've always said... even before GM, AIG & Chrysler... many big corporations always did look [and feel] like state owned enterprises. Maybe the differences between the two we point to always were false.
dryfly wrote:
Both are organs of the elite?
BTW, speaking of big corporations and state owned enterprises, Hummer appears to be "mostly dead" now (sale collapsed):
News from The Associated Press
Both corporations and governments largely act on Max Weber's principles of bureaucracies. A lot of folks in this country somehow think the former are protected from it, but they aren't. If I am going to get a PhD in physics, one of the languages I'm highly recommended to learn is Russian. Wouldn't you know that Russia was pretty good at that and mathematics.
Odysseus wrote:
Thanks very much. I am still hoping to find a chart that shows the evolution of the major components.
OT, but at this point...
Fun on the abandoned home front in Cleveland. Gone beyond bandos and into urban terrorism. This one's got everything, including gas explosions, full-neighborhood carnage, negligent absentee California vulture investor landlords. Lifted from the Cleveland Plain Dealer 2/16:
The natural gas explosion that leveled a vacant, two-story colonial on West 83rd Street last month, and badly damaged a whole neighborhood, is a reminder that an abandoned house can be a ticking time bomb.
William Calderwood, who lived next door, has been indicted on burglary and aggravated arson charges in connection with the explosion, which damaged scores of buildings, injured several people and left 15 families homeless. He is accused of tampering with the gas line in the basement.
But the destruction was aided by an ineffective gas company protocol, an underenforced city ordinance and an absentee owner.
Let's start with the Dominion East Ohio Gas Co. policy that permits gas to be shut off at the meter inside a home rather than at the main shutoff valve near the street: In an era when vacant houses are commonly stripped of metal fittings – like gas meters and pipes – a curbside shutoff should become the norm.
The city could have been more aggressive, too. Even though there are more than 10,000 vacant and abandoned properties in Cleveland, an ordinance that empowers the head of Building and Housing to order utility companies to turn off gas, electricity and water service to abandoned, unsafe properties has been used only 2,400 times.
And then there is EZ Access Funding LLC, the California-based company that bought the house in December 2008.
EZ Access Funding owns 82 properties in Cuyahoga County. As of October, it owed the county $95,000 in back taxes, including $1,873 on the West 83rd Street ruin.
It's time to get tough: If an out-of-state company wants to buy property in Cleveland, it should be required to have a local contact – either someone living in the house, or a property manager. EZ Access had neither.
A cautionary tale, for investors who have no caution.
Hummer faces shutdown after Chinese sale collapses - Yahoo! Finance
First and only ride I ever took in a Hummer was from the Jiuzhaigou airport further into the Szechuan highlands. Gotta say they were among the very very few made in USA vehicles I ever saw in China, and not too outrageous in that particular environment:
Jiuzhaigou Valley - Wikipedia, the free encyclopedia
REBear wrote:
I would like to ask a stupid, ill-considered question. There are some instances of not for profit organizations which look a lot like for profit ones: mutual insurers, coop bookstores, credit unions. You get the idea. Why are these never manufacturers? Or, why aren't they ever airlines? Imagine an airline owned by its travelers.
HomeGnome wrote:
An oldy but a goody.
some investor guy wrote:
It"s an old joke in the industry that the airlines are non-profit.
ghostfaceinvestah wrote:
You didn't mention the end of the article. "The district will hold a workshop to discuss recommended budget reductions and the possibility of issuing a facilities bond at a meeting beginning at 9 a.m. Friday"
I know that any new facilities might come online after the budget crisis. Still, what makes them think they will be able to staff any new facilities?
Mondragon Corporation would be the closest one with any scale.
The greatest issue, as I understand it, is the upfront cost is so great as to make mutualization difficult. There examples in South America were workers have forcibly taken over factories scheduled to close and simply run them against their owner's wills, but needless to say it is difficult to replicate that creation model.
Rob Dawg wrote:
Well, at least the old-school airlines who don't actually like their customers. Southwest, JetBlue, and Virgin seem to be doing fine.
some investor guy wrote:
Because these are me-too service providers that users organize to go mutual, where manufacturers are supposed to, eh, innovate or perish?
badger wrote:
Thanks. I hadn't seen this example.
Rob Dawg wrote:
Negative profit actually - ever since
...
some investor guy wrote:
"We're not happy until you're not happy."
some investor guy wrote:
Ya let's borrow some more money - morans....
some investor guy wrote:
Also ag processors [both inputs like fertilizers and outputs like 'sugar']... some are VERY large and quite invisible to the consumers.
some investor guy wrote:
Bond holders eat the school lunch before the kids. The State in places is also looking at an epic baby bust. Nothing like multimillion dollar facilities shuttered and still paying debt for 30 years.
If you're talking worker owned and operated manufacturing, maybe look to the Yugoslavian model, people's co-ops in 60's China, or maybe kibbutzim?
Did not appear to work well then, but time for the past to repeat maybe. More locally, from a burned out base.
There have been brief periods when the airlines were actually profitable without carrying mail.
One was the Lockheed Vega. Varney, for example, used the single-engine Vega and actually made money with it until the government required that all airliners be multi-engine. Thus, that gravy train ended.
The introduction of the DC3 in 1935 was another. The load immediately jumped to 28 seats, even though American, which originally ordered them, planned to use it as a sleeper.
The DC3, by the way, killed the Lockheed Super Electra. If it hadn't been for World War II and the British order for the Hudson bomber, Lockheed could have ended up bankrupt again. Of course, the Super Electra had tail flutter, which had to be worked out, but it was the DC3 that killed it.
Then there was the Constellation, but that's another story for another day.
This moment in aviation history was brought to you by Conjure Bag.
mp wrote:
---Tea Bag that, morans!
Rob Dawg wrote:
I think the population of CA is dropping, except perhaps right at the coast. In the mid to longer term, it will have to do with inmigration, outmigration, and housing affordability. If housing becomes affordable and the State government doesn't implode, people will actually move to CA from other states.