Recent comments by aleister perdurabo

Oh please. Everyone... perhaps even 97% acknowledge that warming has PRECEDED a rise in atmospheric CO2.

Berkeley Earth

Is CO2 leading or lagging temperature rise?

Data from ice core records strongly suggest that the prehistoric carbon dioxide changes were largely a response, not a cause, of temperature changes. This is not a surprise, since warm weather makes CO2 less soluble in water. In fact, a 800-year lag has been reported, and this is consistent with the known fact that it takes about 800 years for the ocean to overturn, that is, for all of the deep sea water to migrate to the surface where it can give up its dissolved carbon dioxide.

However, for the past century we know that the CO2 is not coming from the oceans but from human burning of fossil fuels. We can tell this from C-14 in the atmosphere, also known as radiocarbon. Seawater has high radiocarbon; fossil fuels have none. The increased CO2 in the atmosphere matches the low radiocarbon value of fossil fuel, not the high value from CO2 dissolved in seawater. In addition, we know how much fossil fuel has been converted into CO2, and there is more than enough to account for the atmospheric increase. In fact, we can determine that much, nearly half, of the emissions are dissolving into sea water and being absorbed by plants. So it is clear that it is the CO2 that comes first, not the warming.

CO2 Levels for February Eclipsed Prehistoric Highs - Scientific American

Homo sapiens sapiens—that’s us—has subsisted for at least 200,000 years on a planet that has oscillated between 170 and 280 ppm, according to records preserved in air bubbles trapped in ice. Now our species has burned enough fossil fuels and cut down enough trees to push CO2 to 400 ppm—and soon beyond. Concentrations rise by more than two ppm per year now. Raising atmospheric concentrations of CO2 to 0.04 percent may not seem like much but it has been enough to raise the world's annual average temperature by a total of 0.8 degree Celsius so far.

More warming is in store, thanks to the lag between CO2 emissions and the extra heat each molecule will trap over time, an ever-thickening blanket wrapped around the planet in effect. Partially as a result of this atmospheric change, scientists have proposed that the world has entered a new geologic epoch, dubbed the Anthropocene and marked by this climate shift, among other indicators.

Wells Fargo Sets Defeasance Record | Commercial Observer

With the defeasance sector heating back up, as more borrowers look to replace their CMBS loans with Treasuries to lock in low interest rates, Wells Fargo set an eyebrow-raising record last year.

The banking giant, which ranks as the nation’s largest commercial loan servicer, defeased $11.8 billion in securitized debt in 2014, equal to the amount of total defeasance throughout the U.S. the previous year, a Wells Fargo executive told Mortgage Observer.

“We’re hitting the years of peak maturities that date back to 2005, 6 and 7, so we expect our defeasance business to continue growing in 2015, 16 and 17,” Ms. Fahr, based in Charlotte, N.C., told MO. “We project 25 to 30 percent growth from 2014 to 2015 and expect that trend to continue in the next two years.”

Total defeasance volume in the U.S. in 2014 rose 61 percent to $19 billion from $11.8 billion in 2013, data from the New York-based research firm Trepp shows. That number is still down from a pre-crisis high of $34 billion in 2007.

> Didn't you hear, The Raptures out.

Is that on CD or iTunes?

Hardest-hit states won’t revisit house-price peaks this decade - MarketWatch

WASHINGTON (MarketWatch) — The hardest-hit states won’t get back to their housing-boom-era peak prices this decade.

That’s according to a MarketWatch analysis of the latest home-price data from CoreLogic. For this analysis, MarketWatch looked at the year-over-year growth rates both nationally and at state levels for the states where prices skidded at least 20% from their peaks.

The news is actually better for Florida and Nevada, the hardest-hit states, than some of the states in the Northeast. Since Connecticut prices were actually lower on the year, by 1.3%, that means that, at the current rate, the Nutmeg State will never get back to its peak in home prices. Similarly, at the current, paltry 1.3% rate of appreciation, it will take 28 years for Rhode Island to recapture the bubble peak.

By contrast, Florida and Nevada may reach their previous peaks in prices in the early part of the 2020s.

- NY Times

In the aftermath of the financial crisis, large private equity firms spent tens of billions of dollars buying foreclosed homes across the United States to operate them as rental properties.

Now some of those same firms are providing loans to smaller investors seeking to do much the same.

Three big private equity firms — the Blackstone Group, Colony Capital and Cerberus Capital Management — are betting that so-called landlord loans to small and midsize investors will become the next big opportunity to profit from the rebound in the United States housing market. The private equity firms are providing financing indirectly to hundreds of real estate funds buying single-family homes, something that until recently was not widely available.

The push to securitize landlord loans is following a similar path that big institutional investors like Blackstone, Colony and American Homes 4 Rent took with their own large portfolios of single-family homes. Over the last 18 months, the biggest buyers of foreclosed homes have sold 16 single-family rental bonds with a combined value of $8.9 billion, according to Kroll Bond Rating Agency.

Yanir Ram, chief financial officer of DRI Holdings, a California real estate firm, was one of the first to get approved for a loan from FirstKey. He said the $36 million loan, secured by 300 homes his firm bought and manages in the Antelope Valley region of Southern California, would allow DRI to expand its business without borrowing from hard-money lenders.

Albany-area couple stole chicken and soda from Walmart, ate them while shopping, police say |

BRUNSWICK, N.Y. -- A Troy couple ate a rotisserie chicken and drank soda they didn't pay for while shopping at Walmart, state police said.

The pair, 23-year-old Melissa Crandall and 22-year-old Tommy Crandall, took the chicken and soda from Walmart and began eating it inside the store Monday afternoon. They then tried to hide the empty packaging, state police said in a news release.

Police caught up with the pair at a Dunkin' Donuts across the street on Hoosick Road and charged them with petit larceny.

*> He's a lying thieving toad.

He's stealing off YOU !*

Amartya Sen - Wikipedia, the free encyclopedia 

Sen's revolutionary contribution to development economics and social indicators is the concept of "capability" developed in his article "Equality of What".[12] He argues that governments should be measured against the concrete capabilities of their citizens. This is because top-down development will always trump human rights as long as the definition of terms remains in doubt (is a "right" something that must be provided or something that simply cannot be taken away?). For instance, in the United States citizens have a hypothetical "right" to vote. To Sen, this concept is fairly empty. In order for citizens to have a capacity to vote, they first must have "functionings". These "functionings" can range from the very broad, such as the availability of education, to the very specific, such as transportation to the polls. Only when such barriers are removed can the citizen truly be said to act out of personal choice. It is up to the individual society to make the list of minimum capabilities guaranteed by that society. For an example of the "capabilities approach" in practice, see Martha Nussbaum's Women and Human Development.[13]

But after driving more than 22,000 kilometres in his electric roadster, Wilcke is happy with the 400-kilometre range that its battery already provides. The real problem, he says, is money: battery packs for electric cars cost more than $500 kWh−1. “What's holding back the mass acceptance of electric cars is really the price rather than the energy density,” he says. So Wilcke now favours a cheaper breathing battery based on sodium. Theory predicts that sodium–oxygen (Na–O) batteries could provide only half the energy density of Li–O, but that is still five times better than Li-ion batteries. And sodium is cheaper than lithium, so Na–O might, Wilcke hopes, get closer to the $100-kWh−1 goal that the JCESR and others have set for affordability.

The rechargeable revolution: A better battery : Nature News & Comment

Wilcke's change of heart was undoubtedly influenced by the fact that many have given up hope on Li–O. Researchers who have tried to make it work over the past 20 years have wrestled with unwanted side reactions: carbon in the electrolyte and electrode material react with the lithium and oxygen to form lithium carbonate, so that in every cycle, some 5–10% of the battery capacity is lost. After 50 cycles or so, the battery suffocates. “The bottom line is that Li–O has zero chance for vehicles,” says Stanley Whittingham at Binghamton University in New York, who invented the concept of Li-ion batteries in the 1970s and still focuses on squeezing the best performance out of them. Researchers hoping to resuscitate Li–O include Peter Bruce, a chemist at the University of St Andrews, UK. “We are closer to what's needed than we were a few years ago,” he argues. But many consider it a lost cause.

“The field is wide open,” says Ceder. Grid suppliers have used banks of cheap, old-fashioned lead–acid batteries, for example, or stacks of Li-ion. A dizzying array of other chemistries are in development, including zinc–air and sodium-ion. Most technologies are doing well to cost five times as much as the JCESR's $100-kWh−1 target.

Sadoway, a materials chemist at the Massachusetts Institute of Technology, is developing an alternative with two layers of molten metal as electrodes, separated by their different densities and by a layer of molten-salt electrolyte. The metal layers swell or shrink as ions pass between them, storing or releasing energy. Because everything is liquid, there is nothing that could crack after thousands of cycles, as solid electrodes might.

The essential reality and potential power of modern fiat money—which has yet to be fully realized and managed by any modern society—can be summarized in the following statement:

The Millennials’ Money Pt. 1 - New Economic PerspectivesNew Economic Perspectives

While it remains true that the number of dollars any individual can spend is ultimately limited to what he or she can “earn”, the number of dollars individuals can spend collectively—as a sovereign nation—is (with one cautionary caveat) unlimited.

The purpose of this small book is to introduce the topic of this “modern money” to the Millennials themselves—to make them aware that the above statement is very much a possibility and, furthermore, to help them see that it is very much in their interest to grasp hold of and nurture that possibility. This is not a message their parental generations are inclined to send, chiefly because boomers and the interim gen-Xers (let’s lump them together as “BGX”) are entrapped—conservatives and liberals alike—in an ideological “money box” from which they cannot, or will not, allow themselves to logically escape. To understand this entrapment, a short bit of history will be helpful.

In August 1971 President Richard Nixon took the United States—and thus the rest of the world—off the monetary “gold standard” which had prevailed, in one form or another, for much of modern history. The gold standard, in general, was the way nations had sought to protect the value of money by requiring printed dollars to be convertible, on demand, to a specific amount of gold. In theory, this guaranteed conversion to gold limited the amount of money that could be created, thus protecting, it was believed, against governments diluting monetary value by simply “printing” dollars when they were needed.

Viva Colorado, Washington, Alaska and DC!

- NY Times

MEXICO CITY — Servando "La Tuta" Gomez, a former school teacher who became one of Mexico's most-wanted drug lords as head of the Knights Templar cartel, was captured early Friday by federal police as he tried to sneak out of a house wearing a baseball cap and a scarf to hide his identity.

Gomez was arrested at a house in Morelia, the capital of the western state of Michoacan, along with eight bodyguards and associates toting a grenade launcher, three grenades, a machine pistol and assault rifles, National Security Commissioner Monte Alejandro Rubido said.

Gomez and his accomplices were arrested without a shot fired, after a months-long intelligence stakeout in which his associates were identified when they gathered on his birthday Feb. 6 with cakes, soft drinks and food, he said.

Rubido said the key break came months ago when agents identified one of Gomez's most-trusted messengers. A series of such liaisons had apparently supplied Gomez with food, clothing and medicine when he was earlier hiding out in the mountains.

Russia issues prepayment ultimatum to Kiev for gas supply guarantee in March - Xinhua |

MOSCOW, Feb. 27 (Xinhua) -- Russia asked Ukraine to complete payment for Russian gas on Friday to guarantee gas supplies in March, according to Russian Energy Minister Alexander Novak.

"The payment should be completed Friday ... and we would wait literally by the end of the week for these prepayments," Novak said at the Krasnoyarsk economic forum held in Russia's Siberia.

He warned that in line with last October's agreements reached in Brussels, supplies will stop from Tuesday if no money is received.

The minister confirmed earlier in the day that Ukraine's national energy firm Naftogaz has transferred a gas payment of 15 million U.S. dollars, which however can only pay for one day's gas volume.

Why do you think Castro and Che walked into Havana?

Because they couldn't afford a Cadillac?

JFK and the Unspeakable: Why He Died and Why It Matters | Global Research

Then in June 1963 he gave an incredible speech at American University in which he called for the total abolishment of nuclear weapons, the end of the Cold War and the “Pax Americana enforced on the world by American weapons of war,” and movement toward “general and complete disarmament.”

A few months later he signed a Limited Test Ban Treaty with Nikita Khrushchev.

In October 1963 he signed National Security Action Memorandum 263 calling for the withdrawal of 1,000 U. S. military troops from Vietnam by the end of the year and a total withdrawal by the end of 1965.[iii]

All this he did while secretly engaging in negotiations with Khrushchev via the KGB , Norman Cousins, and Pope John XXIII , and with Castro through various intermediaries, one of whom was French Journalist Jean Daniel. In an interview with Daniel on October 24, 1963 Kennedy said, “I approved the proclamation Fidel Castro made in the Sierra Maestra, when he justifiably called for justice and especially yearned to rid Cuba of corruption. I will go even further: to some extent it is as though Batista was the incarnation of a number of sins on the part of the United States. Now we will have to pay for those sins. In the matter of the Batista regime, I am in agreement with the first Cuban revolutionaries. That is perfectly clear.” Such sentiments were anathema, shall we say treasonous, to the CIA and top generals.

Climage Change: Failed Efforts to Combat Global Warming - SPIEGEL ONLINE 

So does Naomi Klein have it right? Is climate protection doomed to failure so long as the world continues to pursue growth?

During that past two centuries, humanity has experienced something never before seen on this scale: a period of almost continuous growth. Earth's population has increased sevenfold since 1800. Per capita earnings have grown on average from $700 to $6,500 per year and economic output is 60 times bigger than it was 200 years ago.

That continual boom, though, was made possible fossil fuels, resources people long held to be inexhaustible. Coal, followed by oil and natural gas, made unprecedented economic growth in Europe, America, Australia and Asia possible.

Naomi Klein's argument sounds almost banal. She believes that growth is inevitably linked to destruction of nature and that the climate can only be protected by curbing economic activity. In other words, the only thing that can help the environment is giving up material things. "Less is more" is the mantra of the degrowth movement, which began more than four decades ago when a research group lead by the American Dennis Meadows was tasked by the Club of Rome to examine the frontiers of economic expansion in 1972. The resulting report was titled, "The Limits to Growth," and the theory that grew out of it has been finding great resonance ever since.

Good fucking riddance.
Can we shut down the military next.

But will it be safe to shop at the mall?

Jacques Derrida

One structure that needs critical attention from Derrida is the Hegelian dialectic itself, which is clearly the structure or process underlying deconstruction. The Hegelian negation, followed by the negation of the negation or aufheben, was described by Heidegger as destruction (destruktion), followed by reappropriation of the whole (wiederholung). In Derrida's terminology, it becomes deconstruction, followed by relever (a word with the same connotations of cancelling and uplifting as aufheben). Derrida knows that his work, like any relativist or skeptical position, risks the self-referential danger of deconstructing deconstruction itself. Indeed, his dissemination is an unavoidable interruption of the aufheben/relever, forever blocking reappropriation of the lost origin or thesis.

An important deconstructive reading (or misreading) of deconstruction could be to expose it as a not so subtle version of the sexual/reproductive metaphor. Derrida, and his influential precursor Lacan (a sexual Lack), were both heavily loaded with Freudian terminology and technique. Derrida's other great influences, Hegel, Nietzsche, and Heidegger, participated in the sexual reading of the founding binary opposition or dualism of idealism-materialism as male-female (since Aristotle).

That Derrida is playing with himself and with his readers becomes clear in his vision of dissemination, the irresistible movement (free play) of the infinite chain of signifiers never producing a "transcendental signified" (Barthes' S/Z). No skeptical relativist can ever make a consistent knowledge claim, and thus Derrida's reproductive metaphor becomes a process that never produces a product. The logocentric-phallocentric-phonocentric signifier is forever prematurely ejaculating, the seed spilling and the hymen eternally folded, always intact as it is always ravished. The result is a seed/signifier that never conceives a concept/signified, writing as continuous coitus interruptus.|NSNS|2012-GLOBAL|online-news#.VO4TkvnF9as

IT'S heady stuff. The world's first attempt to transplant a human head will be launched this year at a surgical conference in the US. The move is a call to arms to get interested parties together to work towards the surgery.

The idea was first proposed in 2013 by Sergio Canavero of the Turin Advanced Neuromodulation Group in Italy. He wants to use the surgery to extend the lives of people whose muscles and nerves have degenerated or whose organs are riddled with cancer. Now he claims the major hurdles, such as fusing the spinal cord and preventing the body's immune system from rejecting the head, are surmountable, and the surgery could be ready as early as 2017.

Where is Pavel Chichikov when you need him?

I know that guy, he's the mayor of the next town over from me.

John Milton

Paradise Lost, New Business Found

Of Man’s rst inconvenient slip and Fall
Upon the ice, and the party whose petition
Brought the hourly bill into the World, and all our woe,
With loss of joy, till a Judgeship may
Sustain us, and inspire more blissful work,
Sing, Heavenly Muse, that, on the secret top
Of downtown’s height, didst inspire
That Partner who rst sowed the holy seed
Of business and brought forth the fabled green
From out of Chaos; or, if oral argument
Delight thee more, and thy advocate that holdeth
Fast unto the oracle of God, I thence
Invoke thy aid to my most friv’lous brief,
That with no better voice will never soar
Above appellate mount, though it pursues
Things unattempted yet in prose or headnote.

Gawd, I love this woman. Menage a trois. Me, Hillary and Barney.

Clinton Says She Would Push for Inclusive Problem-Solving - ABC News

Hillary Rodham Clinton said Tuesday that if she decides to seek the White House again she would try to bring Republicans from red states and Democrats in blue states into a "nice, warm, purple space" that would encourage problem-solving.

Clinton, the leading Democratic contender should she run, referred to her likely presidential campaign in hypothetical terms during an interview on stage at a women's conference in Silicon Valley. But she said anyone who mounts a campaign for president in 2016 should make economic growth and restoring rising wages top priorities, along with rebuilding trust and cooperation in the nation.

"I'd like to bring people from right and left, red, blue, get them into a nice, warm, purple space where everybody is talking and where we're actually trying to solve problems. That would be my objective," Clinton said at a paid appearance before the Watermark Silicon Valley Conference for Women.

If you’ve ever had a hangover, you know how bad acetaldehyde’s effects can feel. The chemical, produced when the body breaks down drinking alcohol (ethanol), can make people nauseous and cause their mouths to dry and heads to ache. But most people get off comparatively lightly. Others have a mutation in the gene for the enzyme that normally cleans up acetaldehyde, and when they drink heavily they get more than hung over: They are over 80 times more likely to get mouth, throat and esophageal cancers than people with the normal gene and enzyme.

Now Stanford University researchers have found a novel way to pair two small chemicals to reduce this risk. But one of them, unfortunately, is toxic and also can be used to make the illegal and dangerous drug, ecstasy. So scientists are searching for a safe substitute that can take advantage of this powerful pairing approach, they report today in Proceedings of the National Academy of Sciences.

Freeman Dyson - Wikipedia, the free encyclopedia

Dyson agrees that anthropogenic global warming exists, and has written that "[one] of the main causes of warming is the increase of carbon dioxide in the atmosphere resulting from our burning of fossil fuels such as oil and coal and natural gas."[45] However, he believes that existing simulation models of climate fail to account for some important factors, and hence the results will contain too much error to reliably predict future trends:

The models solve the equations of fluid dynamics, and they do a very good job of describing the fluid motions of the atmosphere and the oceans. They do a very poor job of describing the clouds, the dust, the chemistry and the biology of fields and farms and forests. They do not begin to describe the real world we live in ...[45]

He is among signatories of a letter to the UN criticizing the IPCC[46][47] and has also argued against ostracizing scientists whose views depart from the acknowledged mainstream of scientific opinion on climate change, stating that "heretics" have historically been an important force in driving scientific progress. "[H]eretics who question the dogmas are needed ... I am proud to be a heretic. The world always needs heretics to challenge the prevailing orthodoxies."[45]

Dyson says his views on global warming have been strongly criticized. In reply, he notes that "[m]y objections to the global warming propaganda are not so much over the technical facts, about which I do not know much, but it’s rather against the way those people behave and the kind of intolerance to criticism that a lot of them have."[48]

More recently, he has endorsed the now common usage of "global warming" as synonymous with global anthropogenic climate change, referring to "measurements that transformed global warming from a vague theoretical speculation into a precise observational science."[49]

Tricky Transition for Investment Homes | Private Equity content from National Real Estate Investor

Investors are also providing less support to home prices. “Many investors have started getting priced out of many markets,” says Blomquist. Average capitalization rate for single-family rentals fell to 9 percent in 2014. That’s down from 10 percent, according to RealtyTrac. Cap rates represent the income produced for a property as a percentage of the sale price. RealtyTrac bases its calculations on the median home prices and the local Fair Market Rents computed by officials at the U.S. Dept. of Housing and Urban Development. Blomquist expects cap rates for single-family rental homes to stabilize in the coming years between 9 percent and 6 percent.

Policy makers have recently taken steps to make it easier for potential homebuyers to get a mortgage, including lower premiums for Federal Housing Administration insurance programs. A strong job market may also help strengthen the housing markets—including demand for both rental housing and for-sale homes. “We are at a key transition point,” says Fannie Mae’s Palim. “We should see a pickup in home sales.” More than 5 million existing homes should sell in 2015, according to Fannie Mae’s latest forecast.

Leading investor Blackstone, for example, shows no sign of selling. “They are very committed to holding on for at least the next few years,” says Blomquist of Blackstone’s huge portfolio of 45,000 single-family properties for rent. In fact, Blackstone has sold bonds to Wall Street based on the rental income from its properties. Rental housing operators like American Homes 4 Rent and Starwood Waypoint Residential Trust have also securitized the cash flow from their properties. These deal would make it awkward, to say to least, for the firms to sell their single-family portfolios. “They are at least in these for the next few years,” says Blomquist.

Investors like Blackstone have also created a new way for other investors to put money into single-family rental housing: as a lender. The private equity firm has created B2R Finance. B2R stands for "buy to rent," and provides financing tailors to investors who buy small properties to rent.

According to Pat Metheny, the difference between a jazz guitarist and a rock guitarist is this:

A jazz guitarist plays 10,000 chords for 3 people.

A rock guitarist plays 3 chords for 10,000 people.

That's why I dig Calypso.

St. Thomas/Joshua Redman Quintet - YouTube

Energy content of biofuel - Wikipedia, the free encyclopedia

Seems like Olive oil is about equal to crude oil in energy density. mj/L.

What a Grexit Would Mean for Greece and for Europe - SPIEGEL ONLINE

The political damage, of course, would be much greater. A Grexit would represent a significant political defeat for European leaders. For the last five years, they have tried to keep Greece in the euro zone at almost any price. Were the country to leave the euro, there is a danger that it could begin to orient itself more toward Russia or China.

In the final analysis, leaving the euro zone would be an almost incalculable economic risk for Greece, but one which could pay political dividends. The reverse is true for the euro zone. As such, it is hardly surprising that cracks have become apparent in the Greek facade in recent weeks. Greek Finance Minister Varoufakis, for example, has made several concessions to his European counterparts only to see his prime minister withdraw them again.