MODEL RAILROADING

Friday 13 January 2012 at 12:45 am

MODEL RAILROADING

The Germans.  Can you imagine spending 500,000 hours to build a 1300 square meter layout of trains, including 900  locomotives and 12,000 cars, and more. 

Global Economy Could Endure Disaster For a Week

Saturday 07 January 2012 at 11:00 am

Global Economy Could Endure Disaster For a Week


The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said.

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OCCUPY WALL STREET FOUNDER MAKE BIG MONEY

Saturday 07 January 2012 at 10:56 am

Wall Street money for Warren

warren.jpgI thought Elizabeth Warren was all about transparency.  We are all still waiting for her to file the required financial disclosure form.

The Oklahoma Professor has been criticizing Scott Brown for being “Wall Street’s favorite Senator.”  She has also denounced “Wall Street cash in politics.” 

But it turns out she may be indirectly accepting Wall Street money.  The Democrat Senatorial Campaign Committee, which is helping the Harvard Professor, has taken over $40 million from Wall Street during the last 7 years according to records from OpenSecrets.org.  In fact, Wall Street is the biggest contributors to them.  They beat lawyers and labor union.  Just during this election season the DSCC has already received $1.5 million from Wall Street.

If Lizzy Warden is truly opposed to Wall Street money, then shouldn’t she reject the DSCC’s money?  Otherwise she is just using the DSCC to funnel in Wall Street money

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Learning Adobe Illustrator CS5.5

Friday 06 January 2012 at 11:10 pm

 Learning to create custom shapes:

I created a clover vector image..

 

  1. This was creating by combining shapes, two circles and a sqaure turned sideways like a diamond, created each heart shape. 
  2. Then each heart peice was cloned using ALT drag. Fliped and rotated to peice them in. 
  3. Then all the peices were combined into one shape, using [Combine].
  4. Then a stem was made by connecting 2 rectangles, one being at an angle, and the peices combined.

~RiCK

Credits to the following tutorial for teaching me how to do this: 

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THE CHUCK FEENEY STORY - THE GREATEST PHILANTROPIST

Friday 06 January 2012 at 10:47 pm

GIVING WHILE LIVING

THE GREATEST PHILANTROPIST


Obama’s Parents

Tuesday 03 January 2012 at 2:54 pm

Obama’s Parents

To those of us who hoped that Barack Obama’s election marked a departure from right-wing rule, the president’s failure of leadership has been stunning. Seldom have insurgent expectations – even sceptical, guarded ones – been deflated so swiftly. From the moment he announced his staff and cabinet appointments (Rahm Emanuel, Timothy Geithner, Lawrence Summers, Hillary Clinton, Robert Gates et al) it was clear that Obama meant to play by the same Washington rules that created the policy disasters he inherited from George W. Bush. Obama had retreated into politics as usual. He never looked back. One did not have to be a sentimental utopian to be disappointed.

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DEBT MATTERS: $7.6 TRILLION OF DEBT MATURING

Monday 02 January 2012 at 9:53 pm

World’s Biggest Economies Face $7.6 Trillion Bond Tab as Rally Seen Fading

Here are some interesting numbers to digest. Wow???

tom:thanx for a great response;  informed and well thought out. I plan to include it on my blog when I flesh out my entire thoughts.  BUT, I disagree with your conclusions.

 debt matters:

1.         how does the debt compare with income? and our ability to pay it down. to maintain liquidity, debt must be paid  down.

2.         when debt exceeds GDP, as we are faced with at this instant, one becomes vulnerable to the equilibrium trap  which the euro is facing and japan faces in spades!!  we are all lucky now because interest rates are suppressed at  give/take  1%.  but excessive debt eventually leads to inflation because that is the only way to get rid of excessive debt liabilities like social security.

3.         how does the rate of debt interest compare with the rate of gdp growth; and all the permutations and combinations of such a rate analysis?

4.         what is the rate of population growth? this is critically important for the euro and japan where fertility rates have plunged.  fortunately the usa is growing because of legal and illegal immigration;  and someday will reach 500 million, perhaps before 2050; at which time the USA will be totally bilingual with spanish the dominant language and english the univeral business language.

5.         how will the debt be repaid? either by (1) cutting spending; (2) default; (3) contrived inflation.  Economist Klugman (sic) favors (2) and  (3) in a recent article, which will piss off the chinese but will particularly hurt seniors in the USA;  and that is when political alignments will be realigned for a long time. Unfortunately raising taxes cannot solved the debt problem; why? not enough of a tax base. the top 10% are already paying 75% of the taxes.  and when people en masse start to really cheat and avoid taxes, the government is held hostage, (like Greece and Italy). Our jails are already too crowded.

6.         what is the rate of growth of the debt

7.         and ad nauseum!

The Japanese culture is among the finest on the planet.  Homogeneous, tough minded and hard working people with the tightest of all cultures on the planet. [thank God and HST, we did not invade Japan. We would have had to kill off all 100 million Japanese men, women and children.]  Their economy was recently crippled with the worst natural disaster [quake and tsunami] in decades and they did not blink nor whine or play the blame game like the democrats and the N'orleaners;  they pull together and rebuild. Yes, they have self-financed and own their enormous debt per capita.  BUT THEY ALSO KNOW their culture will be crippled because their fertility rate is only 1.39 causing their population to rapidly decrease as it doing right now as we talk; and when they decide to take action (not sure how?) it may take 100 years to recover. so they are leaving a massive debt per capital problem for their children.

Tom's original reply on next page.   NOTE:  I probably missed an important point:  Ask a mortgage holder who is underwater whether debt matters.

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Robot Hiring Boom Has Arrived

Wednesday 28 December 2011 at 10:32 pm

Robot Hiring Boom Has Arrived

yes, see rest of discussion below

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De-pindusstrialization of America

Friday 23 December 2011 at 07:22 am

Facts About The De industrialization Of America That Will Blow Your Mind. The United States is rapidly becoming the very first "post-industrial" nation on the globe.  All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing.  It was America that was at the forefront of the industrial revolution.  It was America that showed the world how to mass produce everything from automobiles to televisions to airplanes.  It was the great American manufacturing base that crushed Germany and Japan in World War II.   But now we are witnessing the de industrialization of America .  Tens of thousands of factories have left the United States in the past decade alone.  Millions upon millions of manufacturing jobs have been lost in the same time period.  The United States has become a nation that consumes everything in sight and yet produces increasingly little.  Do you know what our biggest export is today?  Waste paper.  Yes, trash is the number one thing that we ship out to the rest of the world as we voraciously blow our money on whatever the rest of the world wants to sell to us.  The United States has become bloated and spoiled and our economy is now just a shadow of what it once was.  Once upon a time America could literally out produce the rest of the world combined.  Today that is no longer true, but Americans sure do consume more than anyone else in the world.  If the de industrialization of America continues at this current pace, what possible kind of a future are we going to be leaving to our children? Any great nation throughout history has been great at making things.  So if the United States continues to allow its manufacturing base to erode at a staggering pace how in the world can the U.S. continue to consider itself to be a great nation?  We have created the biggest debt bubble in the history of the world in an effort to maintain a very high standard of living, but the current state of affairs is not anywhere close to sustainable.  Every single month America goes into more debt and every single month America gets poorer. So what happens when the debt bubble pops? The de industrialization of the United States should be a top concern for every man, woman and child in the country.  But sadly, most Americans do not have any idea what is going on around them. For people like that, take this article and print it out and hand it to them.  Perhaps what they will read below will shock them badly enough to awaken them from their slumber.    The following are 19 facts about the de-industrialization of America that will blow your mind.... #1. The United States has lost approximately 42,400 factories since 2001.  About 75 percent of those factories employed over 500 people when they were still in operation. #2.  Dell Inc., one of America s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade. #3.  Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina in November.  Approximately 900 jobs will be lost. #4.  In 2008, 1.2 billion cell phones were sold worldwide.  So how many of them were manufactured inside the United States ?  Zero. #5.  According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone. #6.  As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago. #7.  The United States has lost a total of about 5.5 million manufacturing jobs since October 2000. #8.  According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million. #9.  In 1959, manufacturing represented 28 percent of U.S. economic output.  In 2008, it represented 11.5 percent. #10.  Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul , Minnesota . Approximately 750 good paying middle class jobs are going to be lost because making Ford Rangers in Minnesota does not fit in with Ford's new "global" manufacturing strategy. #11.  As of the end of 2009, less than 12 million Americans worked in manufacturing.  The last time less than 12 million Americans were employed in manufacturing was in 1941. #12.  In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services. #13.  The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000. #14.  In 2001, the United States ranked fourth in the world in per capita broadband Internet use.  Today it ranks 15th. #15.  Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975. #16.  Printed circuit boards are used in tens of thousands of different products.   Asia now produces 84 percent of them worldwide. #17.  The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States . #18.  One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040. #19.  The U.S. Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept. So how many tens of thousands more factories do we need to lose before we do something about it? How many millions more Americans are going to become unemployed before we all admit that we have a very, very serious problem on our hands? How many more trillions of dollars are going to leave the country before we realize that we are losing wealth at a pace that is killing our economy? How many once great manufacturing cities are going to become rotting war zones like Detroit before we understand that we are committing national economic suicide? The de industrialization of America is a national crisis.  It needs to be treated like one. If you disagree with this article, I have a direct challenge for you.  If anyone can explain how a de-industrialized America has any kind of viable economic future, please do so.America is in deep, deep trouble folks.  It is time to wake up!!

CHANGES THAT ARE COMING

Friday 23 December 2011 at 07:16 am

There is nothing political about this email.  It simply points out very probable changes that are in our future.   And, to me, some of these, are indeed a big worry!!   

CHANGES ARE COMING ----

Whether these changes are good or bad depends in part on how we adapt to them. But, ready or not, here they come

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