tag:blogger.com,1999:blog-21297199.post7202278262095780738..comments2024-03-28T21:41:52.558-04:00Comments on The Elephant Bar: 3 Myths About the Great DepressionDeuce ☂http://www.blogger.com/profile/13472858446242700869noreply@blogger.comBlogger31125tag:blogger.com,1999:blog-21297199.post-26034336541208749462011-09-19T10:34:50.107-04:002011-09-19T10:34:50.107-04:00.
China Shuts Solar Panel Factory After Anti-Pol....<br /><br /><br /><b>China Shuts Solar Panel Factory After Anti-Pollution Protests</b><br /> <br /><br /><i>BEIJING — The authorities have suspended production at a solar panel factory in eastern China following protests by residents who blame the plant for fouling the local air and water, a government Web site said on Monday. <br /><br />Since last Thursday, the factory, JinkoSolar Holding Company, has drawn hundreds of protesters, some of whom overturned vehicles and ransacked offices inside the plant in Haining city, Zhejiang Province. <br /><br />At least 23 people have been detained on charges of vandalism and public disorder, including a man accused of “spreading false information” about the impact of pollution from the plant, the Haining city government said on its Web site. Three company employees were among those taken into police custody after they tried to wrest television cameras away from reporters attempting to film the demonstrations. <br /><br /><b>Villagers have complained about toxic smokestack omissions and factory wastewater they say killed a large number of fish. Government inspectors have confirmed that fluoride contamination was 10 times higher than acceptable levels after heavy rainfall swept improperly stored wastewater into a canal, according to the state-run media. <br /><br />Local residents have also blamed the five-year-old plant for what they claim is an unusual number of cancer deaths, although local officials say such fears are exaggerated...</b></i><br /><br /><a rel="nofollow">Local Officials Say 'Trust Us'</a><br /><br />.Quirkhttps://www.blogger.com/profile/00272168240606512672noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-22391737032361619562011-09-19T10:06:49.024-04:002011-09-19T10:06:49.024-04:00In San Juan Capistrano, California, city officials...In San Juan Capistrano, California, city officials say city code section 9-3.301 prohibits religious organizations in residential neighborhoods without a conditional-use permit. Chuck and Stephanie Fromm already have been fined $300 for holding Bible studies for their friends at their home.Teresitanoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-73689173680986157652011-09-18T20:31:58.999-04:002011-09-18T20:31:58.999-04:00The Barrier<a href="http://www.youtube.com/watch?v=-xFaJUZRkQM" rel="nofollow">The Barrier</a>samhttps://www.blogger.com/profile/11856051164644278989noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-45568886842545251342011-09-18T20:16:32.670-04:002011-09-18T20:16:32.670-04:00Glass Harp<a href="http://www.youtube.com/watch_popup?v=XKRj-T4l-e8&vq=large" rel="nofollow">Glass Harp</a>samhttps://www.blogger.com/profile/11856051164644278989noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-33891245050677247042011-09-18T20:10:04.974-04:002011-09-18T20:10:04.974-04:00"We all ran out our houses, some even jumped ...<i>"We all ran out our houses, some even jumped out of their windows. You can see some buildings that have developed cracks," Gangtok resident C.K. Dahal told CNN-IBN.<br /><br />Indian Prime Minister Manmohan Singh has spoken to Sikkim chief minister Pawan Chamling and offered government assistance, NDTV said.<br /><br />Singh has ordered an emergency meeting of India's National Disaster Management Authority to be held in the wake of the tremor.</i>samhttps://www.blogger.com/profile/11856051164644278989noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-64083210519016142162011-09-18T20:06:30.708-04:002011-09-18T20:06:30.708-04:00Obama's American Jobs Act should be called the...Obama's American Jobs Act should be called the Union Payoff Act.Teresitanoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-53304645009016432752011-09-18T18:15:13.326-04:002011-09-18T18:15:13.326-04:00W/O looking back, T, I seem to remember "Core...W/O looking back, T, I seem to remember "Core" CPI (Minus food, and Energy) is running about 2.2% YOY. So, it seems the Dollar is still worth a bit more than a nickel. Wanna Try Again?Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-18712000023661184002011-09-18T16:12:43.562-04:002011-09-18T16:12:43.562-04:00If the dollar is suddenly worth a nickel because B...If the dollar is suddenly worth a nickel because Bernanke is printing them like no tomorrow, it's not recessionary when gas "blows through $3.25" like in Rufus' simplified model. Once again, he drifts into static thinking.Teresitanoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-34057780117433326792011-09-18T16:09:15.674-04:002011-09-18T16:09:15.674-04:00.
If the guy had made $2.3 billion doing the same....<br /><br />If the guy had made $2.3 billion doing the same things you would have never heard anything about it and UBS wouldn't be complaining.<br /><br />.Quirkhttps://www.blogger.com/profile/00272168240606512672noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-11803958087409143782011-09-18T15:30:16.989-04:002011-09-18T15:30:16.989-04:00Kweku Adoboli, 31, an employee in the UBS’ exchang...<b>Kweku Adoboli, 31, an employee in the UBS’ exchange-traded funds unit had been named by the Wall Street Journal as the trader charged with $2.3B in trading losses. </b><br /><br />My God! I got an email from this guy three weeks ago telling me he needed my bank account to wire $2B into and I would get to keep 25%. I deleted it.Deuce ☂https://www.blogger.com/profile/13472858446242700869noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-46628507493238248942011-09-18T11:03:57.184-04:002011-09-18T11:03:57.184-04:00"But, that's okay; if you don't belie..."But, that's okay; if you don't believe there's an Energy Problem, that's your prerogative. Enjoy the show."<br /><br />There is an energy problem because there is a taking problem and those who have been taken have not enough left to solve their energy problem.logoshttp://www.blogger.com/profile/16770268554450465514noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-88906658615308020562011-09-18T11:00:52.180-04:002011-09-18T11:00:52.180-04:00The problem is not the take, the issue was and alw...The problem is not the take, the issue was and always is the spend. Politicians are now petrified of the monster their class has built: the client state which has reach tipping point in electoral terms. <br /><br />Enfranchised, those contributing absolutely nothing, can vote to put their hands in the pockets, not of the super rich, but the emancipated working class - now a broad, deep mid class - for a free ride.<br /><br />We have to stop politicians from bribing people for their votes with money for imaginary public sector jobs, or simply for doing nothing at all, or even for fecklessly producing hundreds of thousands of children in homes entirely funded by the state.<br /><br />We have to stop because this has gone way beyond the point where taxation on individuals and business can fund it - for that is why we have a deficit and the pretense of borrowing rather than printing - and why our costs as a manufacturing center - with taxes larded onto employees and employers - make us unable to compete any more.logoshttp://www.blogger.com/profile/16770268554450465514noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-70150617459650299212011-09-18T10:58:34.399-04:002011-09-18T10:58:34.399-04:00I called the '08 "Recession" (it sta...I called the '08 "Recession" (it started in Jan of '08) in June of '07, and caught tons of derision. Admittedly, I missed the Banking Crisis. <br /><br /><br />But, as for the present situation: Things were getting better, and GDP was running 2.5 to 3.0% in the Fall of 2010 when I made the call that rising gasoline prices were going to "sink us again." <br /><br />I said the Stock Market would start to wise up in the Spring, and that this would, likely, be a good time to "Sell in May, and Go Away." The Markets Topped on, either, May 1st, or May 2nd, if I recall. <br /><br />But, that's okay; if you don't believe there's an Energy Problem, that's your prerogative. Enjoy the show.Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-55199472939377352132011-09-18T10:56:57.818-04:002011-09-18T10:56:57.818-04:00Which would you prefer?
1. Working hard, getting...Which would you prefer? <br /><br />1. Working hard, getting rewarded for doing so and being praised by your boss for doing so?<br />2. Working hard, having bosses who try to cut your pay by 25% without doing the same to themselves, being sneered at for doing a good job which showed up the bosses' incompetence.<br /><br />Or how about those who say that working for the 'public sector' is so principled, but when you decide to spend your own money doing your own thing, they decide that if they don't control it that you can't do it. Because 'socialists' can't abide others not doing what the socialist 'elite' order them to, can they?<br /><br />Those are the realities and the nasty venality of the wannabe millionaires in the upper middle classes, many of whom rose to that level of affluence from working class beginnings, with attendant lack of ethics, decency and fairness as a result.<br /><br />I don't want the charity of anyone who behaves like that.<br /><br />I want to earn a fair wage and be left alone to spend my money as I choose. Not to be subjugated, controlled and destroyed by venal control-freaks.logoshttp://www.blogger.com/profile/16770268554450465514noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-88949077449559993772011-09-18T10:48:37.914-04:002011-09-18T10:48:37.914-04:00you throw darts at the board and you get lucky onc...you throw darts at the board and you get lucky once in a while. Remember how badly you got the '08 recession and financial crisis?<br /><br />Just because there is a financial crisis doesn't mean there is an energy crisis. The vast majority of problems occurring now have to do with the financial crisis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-15203219319750275272011-09-18T10:36:44.160-04:002011-09-18T10:36:44.160-04:00Why was I able to call this recession, and why was...Why was I able to call this recession, and why was I able to call Bullshit when Bernanke, and the Wall St. clowns said we would grow at a 3% Rate in the Second Half?Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-74342158889659139452011-09-18T10:29:36.915-04:002011-09-18T10:29:36.915-04:00Why Did all of these things start the second half ...Why Did all of these things start the second half of February <b>when we blew through $3.25/gal?</b>Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-25818537852255798762011-09-18T10:28:30.642-04:002011-09-18T10:28:30.642-04:00Why Are we paying 30% More for gasoline than we we...Why Are we paying <b>30% More</b> for gasoline than we were at this time last year, and why Is the unemployment rate back up to 9.1% - and rising?<br /><br />Why Did another 400,000 people go to "part-time" work last month?Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-66500802686671444132011-09-18T10:24:53.222-04:002011-09-18T10:24:53.222-04:00And, why Is our economy flat-lining, and getting r...And, why Is our economy flat-lining, and getting ready to go negative?<br /><br />Why Are we still below the GDP of the <b>4th qtr of 2007?</b>Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-45878621626061237932011-09-18T10:22:30.358-04:002011-09-18T10:22:30.358-04:00Then, why DID we take 60 Million Barrels out of ou...Then, why DID we take <b>60 Million Barrels</b> out of our "Strategic Reserves?"Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-34431149968338993772011-09-18T10:08:45.708-04:002011-09-18T10:08:45.708-04:00No rufus, you have been wrong at every turn and th...No rufus, you have been wrong at every turn and the odd time you dare throw out a fact it has been "from memory" and you have been wrong.<br /><br />There is and has not yet been any "energy crisis" contrary to your hyperventilating predictions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-21297199.post-2346719852620011302011-09-18T10:08:33.132-04:002011-09-18T10:08:33.132-04:00Now, this is the way you do it, making a strong st...Now, this is the way you do it, making a strong statement of opinion while remaining a gentleman.<br /><br />Rufus II said... <br />Yergin is a fine writer, but his theories have been proven to be nonsense, and his facts, . . . uh, unfactual.<br /><br />Sun Sep 18, 09:30:00 AM EDT<br /><br /><br />*****************************<br /><br /><br /><br />In all fairness, there were so many variables in play at the time of TGD it is hard to get ones head around more than a few. One that gets less play than it deserves is the festering, growing impact of the consequences of WWI on the world's fragile political, philosophical and financial spheres in the aggregate.<br /><br />Although the terrible plight in which we now find ourselves in Atlanta, for example, has no direct correlatives in the TGD, I think there are lessons to be learned from the former that might give us some direction in dealing with the present. And I mean both positive and negative. <br /><br />For example, what role can the Federal government play in expediting the development and use of the new petroleum and natural gas recovery from abandoned fields all across the country? This sort of infrastructure investment might do what the great electrical generating projects did in the 1930's. Think of how weak our position would have been on 1 Sep 1939 through the War without that "excessive" capacity.<br /><br />... hope some of this makes sense ... I'm not yet caffeinated.allenhttps://www.blogger.com/profile/15605114251615293411noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-7376019654213345442011-09-18T09:33:39.990-04:002011-09-18T09:33:39.990-04:00You want to believe the guy that's telling you...You want to believe the guy that's telling you what you want to hear, go ahead.<br /><br />However, I'm on record, Here, having this story correct from the git-go. He's on record as having the call "backwards," from the git-go.<br /><br />Choose wisely, grasshopper.Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-56147424461804988632011-09-18T09:30:35.115-04:002011-09-18T09:30:35.115-04:00Yergin is a fine writer, but his theories have bee...Yergin is a fine writer, but his theories have been proven to be nonsense, and his facts, . . . uh, <i>unfactual.</i>Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.comtag:blogger.com,1999:blog-21297199.post-50243468667266329742011-09-18T09:29:03.575-04:002011-09-18T09:29:03.575-04:00Not really. An idiot article by a guy that's ...Not really. An idiot article by a guy that's been wrong every step of the way.<br /><br />Remember, the 2nd largest shareholder in the WSJ is Saudi Prince Alwaleed.Rufus IIhttps://www.blogger.com/profile/05297231055991566183noreply@blogger.com