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Blackhalo wrote:
I prefer this image of him, thinking he is an empty suit. But there may be more to him or behind him than I know.
Rickkk wrote:
So look for the McGuyver with the swiss army knife...
I'm still waiting for the discovery of the McGuyver crab in the Galapagos. I know a little crab somewhere has specialized appendages.
yuan wrote:
Jeez, the Fed is the banksters.
a one-off tax on wealth would achieve the same thing, although without the surgical precision of unwinding thirty years of asset bubbles.
just as unlikely as Picard's plan tho.
@ RD BofA is in runoff mode. If they start shopping their China bank stake you'll know it is all over.
Are you piling on there, ol' pal...I thought that was in the news already????
"We're gonna need a bigger failboat."
/Chief Brody
Yancey Ward wrote:
One bank to rule them all, and in the darkness bind them.
justaskin wrote:
Actually have it, but haven't cracked it open yet. On the list.
When is the next EU emergency meeting?
skk wrote:
That is accurate.
Also as per rural fly over - especially south & central plains - don't mistake politeness for affection or even acceptance. I've read a little about Perry [and his wife] - there is more than a little of the christian white man's burden in him and his followers. As long as you accept that then you'll be okay with them. Otherwise maybe not so much.
justaskin wrote:
Isn't that where all the profit is for them?
Tom in AZ wrote:
==> Did he come out and tap the gay voters today?
bigger failboat, lol
Vonbek777 wrote:
"If we discover a desire within us that nothing in this world can satisfy, also we should begin to wonder if perhaps we were created for another world."
C. S. Lewis (1898 - 1963), Mere Christianity
Yancey Ward wrote:
As the German on this board tonight pointed out a few comments back, there already is a transfer union in Europe - the European Union. All that we are really discussing now is the stepping up to a new, higher, open-ended level of transfer. You do these things in steps, like boiling the frog.
Mr Slippery wrote:
Euro down as EU debt crisis summit disappoints - Yahoo! Singapore Finance
Analysts said governments were now in the worst of both worlds, trying to cut debt by slashing spending and raising taxes, a double squeeze that kills growth and further complicates efforts to stabilize public finances.
new york helps poor little alabama, oh wait, there is the Senate, right?
patientrenter wrote:
You are drawing inappropriate similarities between the Madoff scheme and normal commerce. So, would you really make someone who sold a house in 2004 at a profit give up the profit if you could? And where/how would you draw the line- what counts as an "inflated asset" that should have the profit returned to the buyer? This idea isn't rejected because of raw political power- it is rejected because it is silly and impractical to boot.
Lots of SAR action in the National Park this summer, it's a combination of getting rid of 6 backcountry ranger stations in the Sierra Nevada, and SPOT devices that transmits your gps location when you press the panic button, as many injured backpackers have been doing.
Rickkk wrote:
Clearly written before gene sequencers, coning and in-vitro fertilization. So sad, the limits of a small mind. I think I'll stick with Niven and Azimov.
nova wrote:
are we still in the us debt downgrade apocalypse? pretty much bau on this end. what and when is the next apocalypse? don't gimme some meta-apocalypse mumbo jumbo("we are in nested apocalypses") either. i want one, easily definable economic apocalypse.
dryfly wrote:
Rick Perry is yesterday's news: Paul Ryan is thinking of entering the race.
$14.694 trillion.
08/15/2011 14,615,567,348,203.71
Rickkk wrote:
I sometimes feel that Lewis was going for a reincarnated Augustine...he tried so hard to be sincere.
Mr Slippery wrote:
10:45 EDT.
Rajesh wrote:
Isn't he likely to up against E. Warren? if so, it looks to be a smart move. Weaker field of competitors and a more friendly turf.
Doc,
I am watching for a disastrous peg of the swissie to the euro and subsequent outflows. Then, more Greek drama and continued increases in PIIGS yields in September with nothing more than pledges and hopes to stop it.
Blackhalo wrote:
Really? Wow. One of my holodeck programs will be the pub Tolkien, Lewis, and crew met to discuss and read. I love Niven and Asimov, but I don't let mere Christianity jade my view of Tolkien and Lewis.
"Mathematics catalogues everything that is not self-contradictory; within that vast inventory, physics is an island of structures rich enough to contain their own beholders."
— Greg Egan
I had a brief but similar conversation with Lisa Randall recently during a visit to the Perimiter Institute. She was very kind.
Lisa Randall - Wikipedia, the free encyclopedia
emergency hotdog wrote:
Get ready to be disappointed. On the menu is a continuing series small emergencies, slathered in an economic malaise, for the next 20 years.
Rajesh wrote:
Since he isn't likely to win his house seat [once the predominantly blue collar Wis 1st actually paid attention to his 'plan']... probably a good idea. Maybe he and Michelle can team up since neither would likely win reelection in their own districts after all the recent publicity.
EUobserver.com / Economic Affairs / Germany to propose unelected 'stability council' for EU
patientrenter wrote:
A transfer union large enough to deal with the debt problem would be about a 1000 times larger than the present system. The size would ultimately be the equivalent of all the present sovereign debt of the members plus whatever debts they continue to run up. Just look at the EFSF, and that wasn't a transfer fund- the debtors still owed the other countries. I just don't see it happening in my lifetime.
Mr Slippery wrote:
Seems everyone's buying time these days ... and of course all the old models look like crap ...
A photo of Australian-born model Codie Young wearing a blue blouse appeared on the store’s website last week as part of its ‘Prim and Proper’ campaign, but has now been replaced by a more healthy-looking photo of the model.
I thought it was 'blessed are the chop-chop artists'.
YouTube - Korean chop-chop (fantastic doubles rallies)
[at 1:04]
dryfly wrote:
Hell yeah that's all I ask when I'm passing thru - a beer at a fair price, food without it being spat in, accommodation if it said vacancies before I arrived. polite conversation - even curiosity is fine by me - so long as I can be curious in turn. I nearly always get that.
Edit: No to be accurate I've nearly always got FAR MORE than that.- genuine hospitality.
Blackhalo wrote:
well, forgive me if i play the downer(by posting good econ news) next apocalypse.
YouTube - Rise Against - The Art of Losing
Basel Too wrote:
The purpose of Picard's unwinding was not just some redistribution, it was a maximally equitable redistribution. If Picard had proposed the Madoff Ponzi equivalent of a wealth tax, his plan would have been summarily rejected by an court on the grounds of a failure to respect equity. There were people in the Madoff scheme who put in millions, and took out billions. Even applying an 80% haircut to their take would leave them billionaires, paid for by others who lost money. The same logic applies to the unsupportable asset market gains of the last 30 years.
One last thing about Perry, I always wondered about this James McMurtry tune, 'the governor'
Jango - Free Music - Internet Radio that Plays What You Want! Listen to Music Online Radio Stations
Edit, the link start the whole album. But hey, I'm always glad to intro McMurtry.
patientrenter wrote:
I'm not as convinced of that as you are. If the gains from the real productive capacity had been spread out, then asset prices may have been just fine. But we didn't do that, did we....
Obama: 'Lone wolf' terror attack biggest concern - Yahoo! News
This pretender is desperate for attention
Fact following fiction? Scientists plan mission to blow up an asteroid 'hurtling towards Earth' | Mail Online
Vonbek777 wrote:
Tolkien I reverie, bit Lewis? LW&W is awfully similar to a popular Christian savior/resurrection story... I have not read the entire series, but does it end with everyone being "raptured?"
Rajesh wrote:
Blackhalo wrote:
Deliberately so.
You have to laugh at this..
The 30-year secret of the actress, the literary giant and the Guinness brothers - Telegraph
Errr.. that last name Guinness isn't just decoration. She really is part of the Guinness "beerage" as its called.
Also.. this farmers biz.. they had a stud farm for gawds sake..
sins of the parents ( in this case, if adultery is a sin then literally ) shdn't be visited on the children and all that - but this downplaying of yer moneyed background. Its bloody unseemly.
ohh nooooooo....Mr. Bill..its another terrorist attack!! eeekkk..ahhhhh.....oh noooooooooooo! Run for the hills, no scratch that, run for the desert....nothing to blow up there except sand....
I'm tired of fear tactics..maybe if we get the shit out of muslim countries terrorists will become people....
of course the govt. will stage another tonkin, 911 incident...this is their ace in the hole.....
Blackhalo wrote:
As opposed to 'nasty, brutish and short' as life was described 'back then'. And no plumbing.
gabyjan wrote:
The same. He intends to ride the popularity of his plan to destroy Medicare into the White House.
Blackhalo wrote:
Lewis wrote a lot more than Narnia. And I don't like Lewis, but he wasn't a small mind. He dealt with the problem of evil, among other things, which I applaud, even if I don't agree ultimately with his views. Like I said Lewis has a lot in common with Augustine. He came late to the faith, and approached it from a rational point of view, just not one I share. He also had a serial about space flight....early science fiction. Yes, we absent minded philosophers have to stick up for one another. But he did love his allegory, and I can't stand allegory!
Yancey Ward wrote:
Yes, some milestones may be crossed after you and I are dead, Yancey. But the next step is imminent, and it will be large, and the path that follows is also quite clear.
German growth slows to a crawl - The Globe and Mail
"The global economy has lost another engine.
Germany’s gross domestic product expanded by a meagre 0.1 per cent in the second quarter, a startling drop from the 1.3-per-cent gain the world’s No. 4 economy posted over the first three months of the year."
Vonbek777 wrote:
The mission, called Don Quijote, will involve sending two spacecraft towards a near-Earth asteroid.
One will be an ‘impactor’, which is fired into the asteroid, the other an orbitor that will analyse data from the experiment.
==> In times of austerity, I say scrub this stupid experiment ... and if they do it, what's to say it won't change the path of this thing towards Earth .. huh?
Not related: YouTube - Cat Power - In this Hole
creditcriminalslovetarp wrote:
when you're desperate enough can always play false flag....however today with real time social media and much more skeptical public its much harder so let's see how desperate O becomes
justaskin wrote:
Here's a riddle for you:
Assume the economy grows at 2% forever. Can asset prices grow at 3% forever?
Think about it.
Edit: Oh, and I agree that a more equitable distribution of the economic spoils is a good idea, so I am not taking issue with your judgment on asset prices because I differ from you on politics. My comment on the supportability of asset prices holds under any political framework. I would venture that asset prices could be higher with an unequal distribution of wealth, simply because wealthy people tend to save more, so the demand for assets is higher in such an unequal society. In any case, asset prices can't grow faster than the economy forever under any social system.
Rickkk wrote:
I'm telling yah's, once those German covered bonds are exposed like the cheap fraulein they are -- then your gonna see some crazy stuff happen really fast!
patientrenter wrote:
The assets in an economy can maintain parallel growth ... but forever, this is illogical:
patientrenter wrote:
Nominal, or real? One is usually measured in real, and the other is usually measured in nominal. All you need is a little gentle inflationary loving to make the numbers work together.
Ryan, the guy drinking $350.00 wine with the hedge fund asshole a few weeks ago?
patientrenter wrote:
What defines the 2% growth?
patientrenter wrote:
I'm having a little trouble with this one. If ancient Egypt had a GDP of 100$ in 3150 BC their GDP in 0 B.C. would be 123180241168945154 Trillion Dollars, in year 0, if it grew at a 2% rate.
patientrenter wrote:
i don't need it to grow forever. i just need it to grow until i'm near death.
emergency hotdog wrote:
... or until you sell your assets. A majority of the living generation currently older than 50 have exactly this attitude. To paraphrase St Augustine, "God, give me asset price reversion to the historical mean, but not just yet." LoL!
And on another note, how long do we keep the all volunteer services once this happens? Apparently this movement began while Bob Gates was still SecDef, but will they keep signing up to use the shiny things we can't cut from the budget, if we are going to screw them like the rest of us?
Panetta Confirms Pentagon Considering Replacing Military Retirement With 401(k) Plan | TPMDC
patientrenter wrote:
Also - define 'asset'. Say vs a commodity or a 'good'. And how do you measure 'volume' - especially since so many don't ever really trade or at best thinly and aren't homogeneous [a house in Iowa isn't the same as a house in Laguna... not in price, not in 'content'].
JP wrote:
I like it. But Perry would probably refuse to sell 'em to the Fed....on principle....
Blackhalo wrote:
Math skills are a bit short here in the US. Try this instead: Assume the economy grows at X% forever. Can asset prices grow at X+Y% forever? Assume X and Y are positive real numbers of your choice.
patientrenter wrote:
Most financial assets are owned by the top 20% right? 2% economic growth plus 1% parasitic extraction from the bottom 80%.
Tom in AZ wrote:
Time to bring back conscription... that's what he is saying.
Tom in AZ wrote:
I bet they will still sign up, but re-enlistment will be a bitch. Where are all the Chiefs and MSGTs going to come from, if the incentive of being able to draw 1/2 pay at 20 years, is gone? Massive re-up bonuses? This does not seem to follow the traditional government policy of putting off payment 'til tomorrow, and pay up-front instead today...
patientrenter wrote:
How do you come up with X?
isn't this pedantic? are there no undervalued assets right now?
all assets don't move in lockstep. investors are fickle. timing is very important.
Fortuna Spins wrote:
Oops! I really had forgotten average math skills here in the US. It reminds me of how important a better educational system is to the country's future. (No snark. We really could use a more literate and numerate population.)
justaskin wrote:
Have all the farmers & ranchers in TX turned down low interest loans designed to help them deal w/crop & livestock losses (offered by the feds) ditto for loans/assistance for dealing w/damages from wildfires? FEMA: Grants, Loans and Technical Assistance Among Aid Available for Texas Wildfires Maybe Perry's going to turn all of it down on their behalf? Bet that will go over well.
Rickkk wrote:
Note that that refers to species, not individuals, or states, or nations....
If election year equals true then x equals old x plus two.
Oh god... Given the past predictive power of The Onion ("Our Long National Nightmare Of Peace And Prosperity Is Finally Over"), we are doomed:
Visa Exposed As Massive Credit Card Scam | The Onion - America's Finest News Source
GDD9000 wrote:
I haven't read any financial report of a bank in over a year, and I would like to proffer an answer by induction.
By considering a bank as a simple business, there are a few things to look at when margins compress. (setting aside advisory, M&A, trading)
(1) More product on hand to sell (money to lend)
(2) Fewer customers (seeking to borrow)
(3) There could also be the same volume of sales, but a shifting composition towards less profitable products
I believe all three are at play, ranked (3) (1) (2).
Higher yields mean higher fees for a more complicated product (I am including more analysis for higher risk products in that statement.) The uncertainty of these items has risen more than the yield, and we've seen increases in deposits at on demand accounts in the money supply reports. We've also seen the ECB and Swiss CB directly purchase some of the riskier debt.
We've clearly seen corporations carry more cash on their balance sheets. That cash pile grew faster than borrowing demand.
Borrowing demand, at least among those who can suit an attractice mix of likely repayment and interest rates, has been weak. Of the credit outstanding, there has been a shift towards less risky sovereigns away from riskier individuals. Were it not for the expansion of sovereign debt, there would be outright contractions.
I don't believe the variable or fixed costs would explain the margin compression. People can be fired or their bonuses cut. There isn't an apparent increase in capital investment that is proportional to their lending.
Other possible factors include fixed fees being compressed to make the deal worthwhile to their depositor under low absolute interest rates, lower churn, lower levels of fixed investment (and less need to move the cash in place)
patientrenter wrote:
Seems like there might be multiple solutions that could prove true on an infinite timeline, say if X>Y, or if X+Y= zero or near zero... Assuming the Universe is infinite, of course...
Rob Dawg wrote:
Exactly - comparing highly abstract & manipulated aggregates is a fools games best played by fools. Nuff said.
patientrenter wrote:
yessss the world over.... and I'd volunteer time towards it, but if I'm volunteering then I want to control of the curriculum - streaming ( segragation of pupils by abilty ) for gawds sake.. Here's part of my input towards the curriculum for math for a state in India :
Of course. Just print the difference and give it to the sellers. Fuck everyone else.
Oldest survivor of Bataan Death March dies at 105 - Yahoo! News
Bygone era of true courageous heroes
I think both you and dryfly are probably right. The loss of those people you mention, and the institutional memory that has been rebuilt will be hurt, more so with new conscripts every few years rotating through. Paying them triple in the private sector can only happen with so many, and if we are willing to throw them out now, we won't be willing to keep paying these Big Mic leaches much longer.
The other side (with a draft later) will be greater attention paid by the general public as to why we are sending more families' kids to some god forsaken place to die. Not just the proud parents of volunteers (who suffer out of sight, mostly).
Singapore joins the party
Singapore July Exports Decline 2.8% - Bloomberg
... Electronics shipments by companies such as contract manufacturer Venture Corp. dropped 16.9 percent in July from a year earlier, after declining 17.2 percent the previous month.
dryfly wrote:
BOGUS GDP NONSENSE.
patientrenter wrote:
"prices" can do all sorts of things. Value, not so much.....
Aren't you cute.
The answer is yes, provided you drop or do not include assets from the sample that grow less than 3% and/or add existing assets from outside the sample. If you have a closed system, that includes everything, then you will in fact see a deterioration over time short of some end of the universe singularity which momentarily zeroes entropy. Thank the sun and other energy sources for allowing us to create temporary order which we know as knowledge or value added items.
1 currency now -yogi wrote:
LOL - I was wondering where you were or if you had me on ignore.
patientrenter wrote:
That must be an economics question, not a math one. What's the relationship between asset prices and the economy ? You haven't defined that. I could assume any bloody relationship to come up with any bloody answer. want me to ?
dryfly wrote:
File:World population increase history.svg - Wikipedia, the free encyclopedia
EvilHenryPaulson wrote:
skk wrote:
That's right. That's why I asked the question, so you could think about it.
What's "ignore"?
I'm still crying in my Old Milwaukee....
It kills me that the Dem dummies are now going to defend Bernanke in the hopes of some warm trickle down.
JP wrote:
That wouldn't be my definition - not that I have one - not all bodies are equally 'productive'. That is sort of the mother of all aggregates.
patientrenter wrote:
K.. I've half reading a manual on GreenPlum ( f'n vaporware methinks ) at the moment so I'll pass..
Did I call a top specifically in futbol spending? I feel like I said that the spending was out of whack, and was certain to decline once the bank/insurance company/sheikh/oligarch sponsors were not there to renew their contributions. We did see a major hiccup with some stadium under construction in Spain.
1 currency now -yogi wrote:
Was there ever any doubt? Dodd, Frank and O' were the only things standing between the banksters and the
.
1 currency now -yogi wrote:
I was on vacation and missed the melee. Since I'm back in the world my Wisco friends tell me a number of those districts were pretty heavily GOP and would have gone that way regardless.
But the lesson was learned - overreach and you will face recall. That isn't all bad.
pavel.chichikov wrote:
Uh oh. I'm suddenly thinking "who would appoint Elizabeth Warren to lead the Fed?"
Who understands health care? Who can get a budget closer do balance?
Dammit, Howard Dean isn't running. He must have run in the wrong election year.
European sales of consumer electronics have been a big laggard, but it's a global thing of not meeting sales targets. Those suppliers that are in a position to, have already announced they won't be caught with too much inventory
You left off the mainstream media and all but the kooky fringe Republicans.
1 currency now -yogi wrote:
Its utterly hilarious isn't it. This is taking "my enemy's enemy is my friend" a little too far.
how about the other dictum guys - "Unite all who can be united " ( -against the banksters - BB stooge of ).
Of course Lenin would say - "SO THEY REVEAL THEMSELVES" - the side they are on - which is of the banksters. ( top elite Dems not the supporters of course ).
EvilHenryPaulson wrote:
Singapore just confirmed it.
1 currency now -yogi wrote:
Yeah, well, voter calls and e-mails may have been 9 to one against, but campaign contribution, weighted calls, were likely somewhat different...
RE wrote:
Good thing Singapore is racing headlong into financial services and int'l banking and a way from mfg... else they might suffer.
I heard somewhere that there is one
senator who may be "approachable" on some issues. Numbers don't lie, just Economists.
RE wrote:
Is that a joke/tag line like, "Suzanne researched it." that I am not in on?
Blackhalo wrote:
actually bernanke is no banker (and gets quite a bit of criticism form the bankster crowd). nevertheless, a democratic selection of central bankers (as opposed to our corporatcratic process) would end the bernank's tenure. the problem with the zero-hedge bots is that they not only don't know who their true enemy is, they don't want to know. meanwhile the
sucks their turbid life-blood. idjits.
skk wrote:
Yeah, when that second person realizes that the kid is right about the emperor hanging out, it doesn't take long.
Online Retailers Wander in Warehouse Wasteland
land bubble getting in the way of business
China's effectively blocked any outsider entrants into domestic logistics (trucking, air cargo, final delivery) but warehouses are the hot thing right now. Rents are better than for a mall or other commercial development, and occupancy more stable than residential. So back to Singapore and its sovereign wealth fund
Online Retailers Wander in Warehouse Wasteland
“There are two things you can count on -- the market is smarter than S&P and the U.S. will not default,” Reynolds said
I think S&P is being degraded rather than downgraded.
yuan wrote:
There are more than a few days I wonder if ZH isn't just a sock puppet troll for the squid itself.
Is there anyway to find out the number of families making at least x dollars and renting from census data?
Blackhalo wrote:
"You know that thing we talked about? George is into it."
Yancey Ward wrote:
amusingly naive. its amazing how people get angry at symptoms instead of the real disease. the problem is the
not the fed. when the fed is traded on wall street and the bernank gets gazillion dollar bonuses/deferred compensation you might have a point. until then these fed rants are just carrying water for dimon and blankfied. the fed is the perfect chump for the oligarchs.
dryfly wrote:
Being the Finance capital of Asia has long been Lee Kuan Yew's ambition. Not such a good time for that dream.
Oh good. The €uro has dropped back below $1.44. Can the EU be long for this world?
RE wrote:
My
has stealth capabilities - you didn't see it flyby.
Gotta sleep -
yuan wrote:
Keep your gubmint hands off my discount window stash.
NYC court upholds trustee's calculation of losses - Yahoo! Finance
A three-judge panel of the Manhattan court said customer statements showing that initial investments of about $17.3 billion had ballooned to more than $65 billion "reflect impossible transactions and the trustee is not obligated to step into the shoes of the defrauder or treat the customer statements as reflections of reality."
Helen Davis Chaitman, who argued the case for investors, said the 2nd Circuit ruling "will destroy investor confidence in the capital markets" because investors will no longer trust that they will recover their money if they are cheated by dishonest brokers.
"The message to every American who invests in the stock market is clear: invest at your own risk" because insurance cannot be relied upon, she said in a statement.
aleister perdurabo wrote:
Does that go for CDS contracts as well? Cause if so, I suspect that there are a few banks that may be marking them to an unsupported value...
yuan wrote on wrote on Tue, 8/16/2011 - 8:58 pm:
You are aware that the Federal Reserve is a set of corporations whose stock is owned by firms almost entirely traded in on Wall Street, right?
"when" is "now"
Here's the relevant quote:
aleister perdurabo wrote:
Except they didn't actually invest in 'the stock market' did they? They invested with Madoff. Because HE was better that the market.
National real estate association adjusts its outlook, says sales will rise
Guy on CBC just said Vancouver is insulated from other markets.
aleister perdurabo wrote:
I'm surprised that they had any to begin with,...but then, they are more sophisticated than I.
And... right on cue, Rachel Maddow has Ezra Klein citing Milton Fuckin' Friedman's support for the Fed.
If there was ever a time to have Bernie Sanders on...
skk, I agree with you 100%. At a college level I'd say teach the engineering math first and save the philosophical math for the advanced courses, as electives perhaps.
1 currency now -yogi wrote:
Sounds vaguely familiar...
Three-Way Sex - Television Tropes & Idioms
Ah, yes.
Buying is cheaper here too. If you don't mind reinstalling wires and plumbing. A house in my hood just went for $2,000. #bed, 2 bath, nice old craftsman style home, hardwood floors. Built in 1920's. If anyone is looking for a cheap place to live, check out Dayton OH. Of course no jobs here, so have to have a work from anywhere situation. Lots of intact houses, in good shape in the $40-$50,000 range, on market forever, could probably scoop them up for $25,000
rosethorn wrote:
What is this "philosophical math" you speak of? Logic? Fluid Dynamics? Diffy-Q?
km4 wrote:
please, give me a break, here is just one Myanmar's Suu Kyi tests freedom, meets supporters | The Associated Press | News | Washington Examiner A very courageous person and there are others. For some people in nations like Somalia, just getting through the year & feeding & protecting your kids takes courage & persistence.
doom mix cd
Bubblisimo Gerkinov wrote:
I think there may be a lot of truth to that. E.g. San Francisco (within city limits) hasn't suffered that much, and the "bubble" there took quite a while to grow so the shock wasn't so great when TSHTF.
Vancouver plays SF's role in Canada.
Number theory, proof theory... the point being that one needn't be an expert in number theory to master the math tools needed to perform as a civil engineer for example.
my idea of philosophical math = ones we don't have the vocabulary yet for posing the question
answer + question = math
one or the other = philosophical math
neither = death
Another way of thinking about it is, you don't have to be a metallurgist to be an engine mechanic. Some knowledge of the properties of metals and alloys is needed, sure.
Perry stands by 'treasonous' comment on Bernanke - Aug. 16, 2011
Dirk van Dijk wrote:
Location, location, location...
rosethorn wrote:
But then it would be too easy to become a civil engineer, the market would be flooded with new entrants, wages would fall and profs would not command so generous an income...
Heh heh...I should have been referring to pure vs applied math. Applied math is what an engineer does, generally...
Blackhalo wrote:
No, they would just rig the licensing tests differently, raise the bar to reduce the quota, whatever is needed.
Once you have licensing... it's not hard to engineer shortages.
Panetta: 'You Have to Consider' Military Retirement Reform - FoxNews.com
" Panetta said a decision has not been made yet about a proposal from a Pentagon task force that would abandon the traditional pension system in favor of a 401(k)-style contribution program. "
rosethorn wrote:
I hope you aren't including the proofs used in plane geometry. In HS that was the class that turned me on the most and led to studying engineering.
Blackhalo wrote:
As skk alluded to-- there's arithmetic where you get an answer, and math theory where you think about what an answer would look like.
overheard a conversation in a cafe today, two women, say late 20s
one worked retail, one worked phones
both complaining about trying to get social worker positions (?). many anecdotes about people volunteering in what used to be a paid position, 1-3 full days a week. trying to get the right references/contacts, because it was about who you knew. the top levels were making more money than ever while lower ranks absorb freezes/cuts. the one hope was getting a masters would get them on their way. even in their basic jobs, there were bad employees kept on just because they had the right connections. meanwhile both employers were asking for employees to specify more hours of availability in advance for scheduling or last minute fill-in shifts. that was causing trouble for a few people who had more than one job.
thought came to me that we might see a bifurcation in the quality of employees in this job market.
connections in positions of authority (primarily family/friends) would feel more obligated than ever to secure jobs for those they know. they would let these bad employees go and fend for themselves in better times.
meanwhile, among those competing based on merit the competition is greater for any position that's hiring.
so better good employees, and worse bad ones.
EvilHenryPaulson wrote:
how 'bout
Write another song for the money
Something they can sing, not so funny
Money in the bank to keep us warm
Stick another grape in the juicer
Or fill your guts with grease and get get looser
You are what you eat , so eat it warm
Roll another joint for the Gipper
Get the Gipper high, he gets hipper
Stick it in his mouth and keep him warm
Elect another jerk to the White House
Gracie Slick is losing her door mouse
Take her off the streets and keep her warm
Fight another war if they make you
Squeal on a friend or they'll take you
The future's in your lap, so keep it warm...
Warm, here in your arms
Safe from all harm, where I belong
Warm, cozy and calm, another
Dawn together warm....
My woodie's broken down by the beach now
And TM's gotten far out of reach now
Tell the Mahareesh to keep it warm
George is suing Paul, suing Ringo
and immigration wants John and Yoko
All they need is love, to keep them warm
Kill another whale with your power
Or shoot a bunch a kids from a tower
Snipe them in there cars
Blood keeps them warm
Or
Make a better world from the old one
Make yourself a baby and hold one
Hold her in your arms and keep her warm,
Keep her warm, Keep her warm,
Keep her warm...........
YouTube - Keep It Warm-Flo and Eddie
Words and Music by
Mark Volman and Howard Kaylan
pavel.chichikov wrote:
CR? CR?
Anyone seen CR?
Hoocoodanode SuperPAC!
Contains swearing, you've been warned
YouTube - Felonious Munk Presents: Stop It B! OBAMA PAY YOUR &*%$#% BILLS
YouTube - Cold War Kids - Hospital Beds
g'night
p.s.
Building the case for Apple television as premium TV brands work their way down to sub-$1,000 mark | 9to5Mac | Apple Intelligence
look at the chart from iSuppli in that article, the price of an LCD TV dropping 23% YoY. meant to throw that data out before
Saw a tv commercial with former Senator & Prez candidate Fred Thompson doing an ad for reverse mortgages. Sad to say there was a twinge of nostalgia. Sort of like Sydenham" Primum non nocere, I doubt he'd do much and I'm happy enough with that as a goal.
He's available.
Walmart had a Samsung 42" LCD 1080p with all the inputs for $487. The commoditization of everything consumer procedes.
Of course, the continuous 2% growth also requires a continuous 2% growth in energy delivered to the economy... oops.
Where's that chart again... ahh there it is.
U.S. Imports of Crude Oil and Petroleum Products (Thousand Barrels)
Jonathan wrote:
It's interesting to see how much larger the drops were in the early 80s, percentage-wise. Vastly larger.
Not really. We've been doing okay with energy inputs to GDP efficiency for quite some time. That should continue and even pick up a bit.
Table 1.5 Energy Consumption, Expenditures, and Emissions Indicators, 1949-2009
Oregon confronts economic reality: U6 Think Oregon's 9.5 percent unemployment is bad? Try 19.6 percent, once everyone's counted | OregonLive.com
zephyrum wrote:
the fomc is a governmental agency...just like the treasury. it is not owned by anyone other than
taxpayerserrm corporate lobbyists:Federal Reserve Act - Wikipedia, the free encyclopedia
the individual banks (not the fed) are quasi private corporations, much like fannie or freddie (ahem).
Jonathan wrote:
poppycock. conservation can produce just as much "growth" as new (wasteful) production.
Rob Dawg wrote:
Expect more fighting over the scraps. I'm engaged in one such battle right now.
yuan wrote:
I neglected to say that conservation would be just as good, actually better.
Dawg,
What about the Per Capita Consumption versus Per Capita Expenditure (cols 2 + 4)? It appears we are back to roughly 1983 levels of consumption, but with more than twice the expenditure...
Actually, it's even worse since I'd imagine that expenditures actually rose since 2007. There's some not yet available data in the last couple of rows.
Rob Dawg wrote:
Seems to me that over the last forty years manufacturing costs have fallen tremendously while capabilities have grown. It's one of the reasons I don't buy into the people that say we're failing because our society has grown too complex to be supported by available resources. That complexity often exists because it reduces over all costs. It would seem as energy gets more expensive, that pushes you to being thrifty with materials and energy not the other way around.
Some thoughts on Omaha's (warren Buffett) suggestion, written in the 1960s
The tax man's taken all my dough
And left me in my stately home
Lazing on a sunny afternoon
And I can't sail my yacht
He's taken everythin' I've got
All I've got's this sunny afternoon
Save me, save me
Save me from this squeeze
I've got a big fat momma tryin' to break me
And I love to live so pleasantly
Live this life of luxury
Lazing on a sunny afternoon
In the summertime, in the summertime
In the summertime
Kinks - Sunny Afternoon
Goodnight Rockers \m/
Reinvent wheel once.
Robot-making robot on the way.
Luxury Cars Burned in Berlin Protests - Bloomberg
Great song by the Kinks.
Good post by shill earlier today:
"This is what worries me Rob with the prices of Gold and Soon Silver going forward. Actual Capital in the system. If the Cash is not there for me too redeem so I can go Grocery shopping, all I have is a piece of metal with a value, but not redeemable. Last time I checked the Super Markets have not installed Gram scales."
Morning
I guess he knows better than the police...
Canada’s housing industry, according to the Canadian Real Estate Association, which had forecast declining sales but now expects them to increase overall in 2011
er, time to call a top?
SNB makes low-key move to tame franc; currency spikes
| Reuters
Your bazookas are useless against us. We have helicopters full.
Juvenal Delinquent wrote:
Not sure if its the beer or the food but I do know its not the weather or the state of the roads............
nova wrote:
beaten only by "Wallon women" ....brrrrrrrr
gruntled wrote:
I'd describe myself as very pro EU but further fiscal/political integration at this point would not get my vote....... Too much too young
Black Star Ranch wrote:
although now via a less painful strategy.........I sometimes wonder if the US fear of losing hegemony to a resurgent Europe isn't an underlying driver for this whole fiscal disaster......'If I don't post again...you'll know the answer'
Good morning from the purple mountain majesties, above the fruited plain.
YouTube - Smokey Mountain Lullaby - Tommy Emmanuel - CAAS 2011
burnside wrote:
yes but Ixelles is neither Flemish nor Wallon, its the Bruxelles Ghetto.......you see in every coal field there is at least one diamond....
"it is a level of consumption that exceeds imagination"
Hitler talking about panzer petrol needs
YouTube - Hitler Speaking Normally (Subtitles)
Good morning CR...Wow the dollar index really broke down over night I see. Should be an interesting day..and the PPI will be the direction which looks up as the dollar goes down.
http://www.weblinks247.com/indexes/idx24_usd_en_2.gif
shill wrote:
CommodityCharts.com: Futures & Forex Quotes, Futures Charts, Custom Quoteboards, Commentary
Morning Trader, I am showing 73.63 -44, odd how various tickers differ.
Fermat!
shill wrote:
The chart I posted is the September futures contract. Is your quote a futures or cash? Also, the quote I posted is about 10 minutes delayed.
I would say cash trader.
shill wrote:
Actually the two quotes are about the same showing about the same decline. The drop both quotes indicate is really not very big given the volatility as shown by the chart I posted. It looks like a big drop, but isn't really (unless you are long, of course).
Look the fiscal union this way. Going alone does not offer any meaningful benefits in the continental Europe anymore. Everything is connected, roads, lakes, seas, airways, tracks are all wide open now.
Your own central bank policies mean nothing when the citizens go get their loans from another country, like Polish from Swiss banks. Globalization works like Internet, any blocking attempts are simply bypassed one way or another. Those central bank policies between ECB, BOE, FED, BOJ are also almost identical now, zirping and easy money.
UK did not benefit that much from the pound depreciation against euro, no boom there despite 20-30 percent crash. Factories order stuff all over the world and it pretty much evens out any currency changes. Then over 50 percent crashes will make oil and other commodities too expensive and that will kill the economy.
Glod no.
LoserBeachBum wrote:
.....I guess with all the wars throughout all the generations the nationalistic pride was just beaten right out of you - like dealing with some bastard child in 'olden' times?
Graham Capill granted parole - National - NZ Herald News
uh ho, another evang menace back on the streets.
LoserBeachBum wrote:
Wouldn't the UK have suffered a lot if sterling hadn't declined 20-30 %?
Black Star Ranch wrote:
USA!USA!USA!
There are some very good reasons that might be so, don't you think...
Sheesh
"The message to every American who invests in the stock market is clear: invest at your own risk" because insurance cannot be relied upon"
What a git! That remark is so wrong at so many junctures, my heads spinning.
Do her clients truly believe, they are investing in the stock market? Or a share of company X profits?
Do her clients truly believe, someone other than themselves is shares the risk of buying a company X security? If they do, I would be pleased to find my return in de mail...
Do her clients truly believe, each securities purchase is an insurance policy guaranteeing full refund of the purchase price PLUS risk in the event company X returns no profit to a shareholder?
wtf