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(Recovered from an archive due to indexing error!) Reader Note: A couple of folks were wondering if my site was down on Friday. No. But, sometimes the internet gets slow along the way here and there...my site is usually more dependable than the 'net. If you ever run into this problem, go to www.independencejournal.com which is the same contents in a less graphic setting.This being the weekend, the fresh content - including a market crash advisory - is available for subscribers to www.peoplenomics.com.This page will be update about 8 AM Monday (central time)...have a great weekend! Witching & Hoping The market opens today with a slight upward bias, since this is quadruple witching day. Gold is just tearing to the upside, approaching $1,260 which as my commodity guy (JB at www.fortwealth.com ) wrote for his folks this morning:" OK!, This is amazing stuff. Gold closed at the highest close in its history onTriple Witch Day, and is up another $10 as I type this missive. Gold is now at $1,259.20, up $10.70 (Aug) and Silver is following suit being up 13.4 cents at $18.910. US$ is flat, down 4.7 points at 85.935. Petro products are lower lead by Crude being down $1.09 at 75.70. Gold closing at its highest and making newer highs going into the Triple Witch Friday, is a harbinger for those with the eye to see. We are truly in an event that will make many poor and very few are prepared to be rich. Gold’s new life of contract high so far today is $1,260.90….It will be hard for the anti-gold traders to do anything else but watch the higher prices come in and maybe find a new level to keep Gold under. This day is just as important as March 25th, when Andrew Maquire revealed to the world and his story explaining the Silver market manipulation. JB tells me that some of his clients have not yet been able to secure May silver contract deliveries from the supposedly "warehousing" bank involved, which only adds to our thoughts that there's hanky-panky in silver-counting...and a certain warehousing bank seems to be stalling deliveries. Meantime, a friend of mine in the wholesale gold business in the Pacific Northwest is thinking that gold will hit $3,000 an ounce by the end of the year which wouldn't surprise us in the least. Home Scanners Last Week News Links Consulting Services Archives & Library Submit a News Tip Peoplenomics Independence Journal Site Disclaimer Elliott Wave View as Blog Be Sure to See: Peoplenomics LiveOnTenThousand.com Half Past Human Independence Jrnl BOTS: Explained Bots: NE Power Outage Solari "Trader Jim" Goulding Our Favorite Tool: Minneapolis Fed Inflation Calculator Our Suppliers: Graphics By Commodity Trading www.fortwealth.com Web Hosting www.emwd.com Emergency Food Stores www.beprepared.com Tequila UrbanSurvival.com Daily News Update Page 1 of 35 http://urbansurvival.com/week.htm 6/20/2010 Only question is will that come from massive inflation going on by then, or because demand for a paper currency alternative rockets? 'Course it doesn't matter to people who bought (as we did) silver when it was under $7 in 2005... Triflation & Deflation: Be Holden the GoldenThe price of gold hit (yet another) all time high on Thursday - and with good reason:Government continues to water down the purchasing power of the Buck and thus your money's not as good here, anymore. Several readers have asked for clarification of my outlook for purchasing power, stores of value, and equivalents. Like this guy: George, you have a way with words, and you know economics, and obviously you know how to think outside the box. Could you explain one thing to me? Why is deflation supposed to be a bad thing? We’ve had inflation all my life – I was born in 1946, a year of massive inflation as wartime price controls came off. Wouldn’t you expect that 60+ years of inflation would be – should be – compensated for at some point by some serious deflation? What’s the alternative? Inflation forever? I realized that the stock market will suffer. I realize that businesses will contract. I realize that we’ll have to suffer high unemployment rates. But these are short-term pain, and social safety nets such as Social Security do provide the SOCIAL security they were designed to provide – that is, they assure that consumer demand won’t entirely disappear, because people will have some minimum amount needed to pay for essentials, which will keep the economy limping along in ways it couldn’t in 1930. Why is deflation a bad thing?" Simple answer: Because people lose their homes. Way Longer Answer: We are not in a period which can be characterized as generally inflationary, or generallydeflationary . It all depends what you want to measure. The present period appears to betriflation but underlying is incipient deflation.Let's begin by referring to Thursday's Labor Department's latest CPI figures, sliced to thistripartite model of reality: On inflation the side, the CPI energy component is up 14% Year on Year (YoY). But it onlyseems so because energy had gotten excessively cheap, hence any move up seems likeinflation. On the deflation side, the CPI shows housing/shelter and apparel with minus signs. And thesmart money folks I know are betting on a further 50% decline in housing prices from here over the next couple of years. But then there are noflation numbers. I'd call these numbers from above zero to as high as6% which while they might seem inflationary on the surface, may reflect some of theunderlying (but unsustainable) 7% printing festival over at the Treasury's Bureau of Engraving less the pernicious decline in velocity of money through the system. With me so far? Many economists and business pundits have been sucked into the black & white version of things. The glass is half full or it's half empty kind of thinking. www.eldontequila.com Organic Heirloom Seeds: We Support UrbanSurvival.com Daily News Update Page 2 of 35 http://urbansurvival.com/week.htm 6/20/2010 Every so often, you'll come across folks like my deflationist pal (Dr.) Jas Jain who has the good sense to step back and ask why are we talking half full or half empty where the glass has just been turned over? What makes Jas' perspective important is his schooling wasn't economics...so he isn't blindedto reality and economic group-think. Don't know as I ever mentioned (and he's too modest to himself, I reckon) Jas holds a PhD in digital signal processing and holds a half-dozen, or so patents for things like "Clock synchronization and dynamic jitter management for voice over IP and real-time data"...So when I offer you quotes from Jas pay attention because he was not taught disfunctionomics...he's a a purely logical "What do the numbers tell us?" kindaguy. In a recent email about the change rate of broader economic measures ( like M3 reconstructedby Trader Bart ), Jas offers this brilliant synopsis of why deflation is so bad:"Yes, the US economy has been in a prolonged, but slow, depression. The SecularGDP has been in decline since 1998! All the growth for the past dozen years hasbeen due to consumption debt growth in excess of the GDP growth, i.e., the ratio of consumption debt, by households as well as governments, to the GDP has been rising exponentially. We have had an over consumption crisis for most of thepast 28 years, i.e., borrow-and-consume now and pay later. The “later” has finally arrived with a vengeance. Therefore, we don’t have an under consumption crisis per se; it is being forced due to over consumption in the past. It is the payofftime. Deflation results from the aggregate demand growing very slowly or not growing at all. You can ask Dr. Bernanke. In a fiat currency regime it is going to be very difficult to fight deflation after the Fed and the Federal govt are done with opening up the spigots! Americans are going to be put on a diet. The aggregate demand would go negative with low calories (less dollars in the pockets!) diet!!" All of which gets around to this real simple answer to the "Why is inflation bad?" question. It's this: When people expect prices to go up (inflation) there is an inceptive to purchasenow and consume in the future when the goods would be more pricey. At some point when prices get high enough, everyone wants to sell own and sell something for huge paper profits. Take the real estate bubble on the way up, just as an example. Conversely, in deflations, people expect prices to go lower and so there is deconsumptionincentive. Once deflation sets it, the deconsumption motive becomes embedded such that the less people spend, the more prices fall, which leads to reinforcement of a vicious cycle toward zero economic activity! I'll wait - it'll be cheaper in two years! That thinking is selffulfilling. From a governmental perspective, inflations are always desirable because they can be throttled. However, since most Americans are (to borrow some classic Jain terminology) "born & bred dopes" they get hooked on the "free lunch" and in time the excess has to be dealt with...by deflation. Inflation/Deflation is not a symmetric function! From a given consumption level, we'realways closer to zero consumption than infinite consumption. Think of cyclical economics as having its consumption curve resting on the x-axis zero line. WW II got the US off the bottom of the last curve and the way off the presently developing one will likely be similar. I expect we are a week or two from entering a months-long economic crash window though late summer. The reason most traditional economic types will miss its arrival is they could be mislead by a slight recent increase in consumer sentiments. When an economy 'rolls over' and the Debtberg sinks world, all the 'confidence' headlines in the world won't overcome the current 12% annualized decline in revolving consumer debt which is incredibly deflationary. And over time, banks will have to straighten their books on nonperforming loans, which when it happens I figure to nonrevolving real home debts into double-digit declines as well. UrbanSurvival.com Daily News Update Page 3 of 35 http://urbansurvival.com/week.htm 6/20/2010 At that moment, deconsumption will explode onto the scene and combined with global food shortages, ought to make Depression 2.0 undeniable by Christmas. I trust you saw the headline this morning that former Fed deity Alan " Greenspan says U.S.May Soon Reach Borrowing Limit" ? He oughta know, having done his own best efforts topush us there. Remember my "Easy Al: the House-flipper's Pal" bumper stickers? --- It's like the botched stall recovery in an aircraft: Plane stalls, you shove the nose down and get air going over the wings again. Your genitals may feel like they're between your ears for a few moments and 300-500 feet of elevation drop, but that momentary discomfort is a lot better than being with a pilot who 'doesn't want you to feel discomfort'...so they just mush along at just below stall speed unwilling to make the big control surface moves that would save the plane if done at altitude. Figuring out that half-measures ensure economic disaster is as easy as figuring out that a "protracted stall" is just another way of saying "Crash about to happen!" The closer we get to the ground, the more bad piloting will become apparent. Oil Out of Control Nothing new there, but the Coast Guard is at a loggerhead with Louisiana's governor over oilsucking barges which the Coast guard has sidelined .Planet dies due to power-tripping yahoos... Pure (Oily) Politics Representative (republicorp) Joe Barton recent stuck his foot in his mouth by accusing the Obama administration of conducting a 'shakedown" of BP. Apparently, Barton's staff must have believed the idiot-level initial flow reports, or this was just corporate apoligism at its worst. Now, Barton stands to eat his words of apology to BP and by some reports came within afraction of an inch of losing his republicorp minion...I mean "leadership" position...in committee seniority; a kind of Washington equivalent to goatmaster. A Gassed Ready for $7 a gallon gas wonders a NY Post piece today."Papieren Bitte?" Department Delaware is coming out with new drivers licenses which will have all kinds of additional security features. Not the least of which is the requirement to present birth information(certificate or current passport). Since one of their plans is to store pictures of people in electronic media so it can be scanned by face recognition software, I keep coming back to my idea of patenting George Ure as a word mark in the Trademark office, and images, voice, and fingerprints all being copyright and any use thereof subject to payment of royalties to me .Led by Idiots File You see where outgoing senate embarrassment Chris Dodd has pushed through a $54 billionstimulus deal for an Indian casino group ?Gives me an idea, though. I propose to open a drug testing center where I will personally test and rank every drug out there: Oxy's, various meths, ecstasy, blow, and every kind of weed brought in from Mexico, and so forth. And for testing all these I'll only charge $2-mil a year. I'm sure that would have merit, too, wouldn't it? I mean as long as we're finding new and creative ways to piss away tax money...here, let me help. Say, that reminds me, I never heard back on my offer to manage the Mustang Ranch, either... UrbanSurvival.com Daily News Update Page 4 of 35 http://urbansurvival.com/week.htm 6/20/2010 === snip and save section === Coping: Quest for New "Sparklies"Had a delightful afternoon Thursday as a gentleman from the Kansas City who came down to the ranch to take delivery of the red 1986 whale tail that I've been enjoying the past year and a half. Elaine & I have had some great fun with the car - had it in a car show, a few short jaunts around the countryside. Although I 'lost money' on the car, selling it for less than I paid, the cost was nothing like the beating I would have taken on just about any other big boy 'toy' out there. As it goes, a Porsche is not nearly as costly as a boat to maintain. Kept in salt water, as our old 40' offshore sailboat was, just the hauling and bottom paint was running about $2-grand every couple of years, and that's before the diver every 3-4 months to wipe speed-stealing slime off the bottom, install new zincs, and so forth. (The sacrificial metal that prevents underwater electrolysis of expensive parts like props, shafts, and through holes which in a worst-case can sink a boat...). Then we had to pony up about $700/month to 'rent a hole in the water' every month, which I've never quite understood; a matter of perspective and what moorage tenant buy. Over the coarse of life, I think I've owned a Porsche maybe 10-years of it, but during those times, there wasn't a car I'd rather be driving regardless of the price. They're really fun, but the 10-years living on a sailboat was fun, too. Still if there's one profound lesson of life, it's that you can have anything you want out oflife, but there's not timer to have everything so we have to use our time on this ol' rocksomewhat judiciously. Which gets us to hatching the plot of our next adventure....which we'll be doing more of this weekend. One possibility is that with real estate prices low - and possibly dropping further, we have considered the possibility of moving up to the Bend area of eastern Oregon, or maybe waterfront in Washington state. Several reasons, but the primary one is a desire to be closer to family & the kids. With Elaine's son in Seattle getting hitched next month, and my three in that area settling down, imperceptibly at times, grandparenting may occur. I've been looking at that and thinking "We want to be close enough to visit or be visited, buton the other side of it, we don't want to be an overly convenient daycare center. Grand kids should be seen but not heard. Elaine's other boys like in flung places like Grand Junction, Colorado, and the Phoenix & Payson areas of Arizona. So, I thinking something about midway between Seattle & Colorado would be nice. Eastern Oregon is nice, and I wouldn't mind winters so we could catch up on skiing, but too far east since we'd be getting close to Yellowstone which is a potential set of issues of its own. Or, we may buy a plane...something like a Cessna Cardinal -- watching those right now. Tough decisions, these. But it brings me around to the point I wanted to share with you: I think what goes a long ways toward keeping people "young" is to keep doing 'young' things with your life - and the cornerstone of 'young things' is change.True, it would be hard to pull up stakes and go build another survival platform; we've got about 7-years of work into this one and it's got everything we'd need to survive and prosper under almost any foreseeable conditions. Because we're almost 200-miles upcountry from the Gulf, I'm not particularly worried about the safety of our homestead here in East Texas. What we don't have here is our own runway - it's 12 miles one way to the Palestine airport,UrbanSurvival.com Daily News Update Page 5 of 35 http://urbansurvival.com/week.htm 6/20/2010 where there's no hangar space available, or 16 miles to another airport, where there may be a hangar. This part of the country has enough hail, you don't want to leave an airplane outside in thunderstorm weather on the off chance the paint will be scrubbed off or the winges dented up. As a consequence, this weekend doing some 'active futuring' to see if there's any better mix of survival platform, proximity to kids, and sustainable retirement situation possible at a decent price. Keeping a fun-filled life on course does force asking though questions, too. Like "George has a medical now, but what good would an airplane do us down the road if G lost hismedical and/or Elaine lost hers?" Along the same vein, planning for the unthinkable continues: "What if there wasn't gasoline to fuel this current 'flight of fancy'?" I figure up to 10% of 'action' time being devoted to planning makes sense. Your clock's your own in life. Periodic weekends of "Are we getting the best possible mix of life's spiritual, economic, and intellectual offerings and having fun to boot?" deserve to be answered often. If the answer tips to thinking there's a way to improve our personal enjoyment of Life's curious theme park-like ride, well, then we go do that. We've become very fond of going to new places every few years and doing new things. Grist for the column, fun to live closer to clients, and so on. Next month, we'll be spending 10-days up in the Pacific Northwest - some business, some pleasure, but the whole time, we'll be looking at it as going through the buffet line of Life to see if any new dishes sound good. Like the old Zen story goes: "When you pay for a $2 latte with a $20 bill, change is inevitable..." Events Overtaking: The Diaspora HandbookA number of weeks back, when the GOM flow rate estimates were running absurdly low, our Peoplenomics.com subscriber newsletter had a short analysis that came up with 2-million a day (or more) of flow rate. This morning there was this note from a subscriber: [ Link to oil flow story over 2.5 million gallons/day]"George...you must be psychic ...or just plain smart dude. You are smart...and very analytical to boot. Keep up the excellent work." Yeah, we do try to use the rickety time machine to keep one step ahead of the devil, so to speak. This weekend for Peoplenomics subscribers: The Diaspora Handbook (part 1). After next weekend (cleverly name Diaspora Handbook (part 2), I'll make it available for nonsubscribers. Also, something coming up Monday: a new ebook from a friend about survival gardening. Makes a fine companion to JB's ebook MyGrowPonics (see ad below). Speaking of the word "Diaspora", depending on which media source you choose, you can find estimates from a lowball 300,000 people displaced by violence in Kyrgyzstan toupwards of half a million. The death toll from the chaos there will pass 200-this weekend, if you have an office betting pool going now that the NBA season leaves us with not much to gamble on...outside the stock market, I mean. Send your comments to george@ure.netShop Till You Drop Department: UrbanSurvival.com Daily News Update Page 6 of 35 http://urbansurvival.com/week.htm 6/20/2010 Peoplenomics This Week Tax the Golem In Jewish folklore the Golem is described as " an artificially created human being that isgiven life by supernatural means automaton: a mechanism that can move automatically.. ."but elsewhere it's simplified to simply an automaton, robot, or machine. This weekend, with my knee bunged up, Universe delivered some raw wryrony: The realization that the problem of economic displacement of humans has now reached a 'knee' such that there may be no long-term recovery from the current decline short of near, no make that total economic collapse. The case is laid out in a hypothetical lecture by a vaporous Professor Ure as he describes "Ure's Knee" - a kind of unrecoverable economic stall condition caused by a lack of widespread productive employment. More For Subscribers To Subscribe, CLICK HERENeed Logon Assistance? Click here.Dream A Little Dream... If you have an especially vivid dream that seems to have something to do with the future, please write it down so others can look it over for possible future/predictive values. Simple go to www.nationaldreamcenter.com and click over to the DreamBase.Cookie Video The folks at Maxa Research have put together a short video (sound track by guess who?) that shows the Maxa Cookie Manager. You can see it here .I don't usually get all whipped up about software, but this is one of those dandy tools that just simply works great. First thing I put on my new computer when I got it was Avira Antivirus and Maxa Cookie Manager (MCM). Either follow the on-screen download instructions of simply click: http://www.urbansurvival.com/setupMCMstdGU.exe Once you try it out, to upgrade to the fully functioning version, just click the upgrade button (!) on the upper right hand side for the $35 unlock to get it to remove even those nasty and highly intrusive 'non-browser specific' cookies. Bonus: You computer may run faster. "Live on $10,000" A Year Having a hard time making ends meet? (Like who isn't, right?) A good starting point to better match up income with outgo is our $10 e-book "How to Live on #10,000 a Year...or less!" It's an automatic download. It's written in an information dense style: The whole thing runs about 65 pages, but it gives you a vision of how to not only live on the cheap, but also how to migrate up the economic foodchain if you have a little hustle left. A bonus section called "How to Build Anything" should instill confidence if you've never taken on a home improvement/home creation project before, too..... Click here for the index and details.MyGroPonics My commodity broker JB Slear and I have written a simple book to get you started on high density hydroponics. It's an example of how someone with a little creativity, access to a few 'dollar stores' and willing to try out some new farming techniques can grow an amazing amount of produce sin a very small space - like even an apartment balcony (if it gets some sunlight). Sound interesting? It's just $10 bucks here... Page UrbanSurvival.com Daily News Update 7 of 35 http://urbansurvival.com/week.htm 6/20/2010 Pass It On A different take on things - that's what you'll find here most mornings. If you know of anyone who might also like our content, simply click here and send a link to them. Or, ifyou hated what you read, send the link to all your 'worst enemies'. Like they say in Burbank, "Ain't no such thing as bad press..." ---- Last week's report is always here. Thursday June 17, 2010 Deflation in CPI It always feels like the Oscars when the jobs report comes out. Moments of tension in the markets...then right at 8:30 Eastern out pops the report: " The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.2 percentin May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reportedtoday. Over the last 12 months, the index increased 2.0 percent before seasonal adjustment. For the second month in a row a decline in the energy index accounted for the seasonally adjusted decrease in the all items index. The index for energy decreased 2.9 percent in May and more than offset a slight increase in the index for all items less food and energy. The food index was unchanged. Within the energy component, the gasoline index accounted for most of the decrease, although all the major energy indexes declined. The index for all items less food and energy increased 0.1 percent in May, posting a monthly increase for only the second time this year. Contributing to the May rise were increases in a number of indexes including shelter, used cars and trucks, tobacco, apparel, and medical care. The index has increased 0.9 percent over the last 12 months." Of course, what no one is coming out and saying is that if you look at this morning's report,you have an annualized deflation rate of 2.4%.But if you take the time to see what the rec3ent Fed money su0pp0ly figures are, you trip over a 7% YoY increase in M1. While it's not a perfect conclusion and there are lots of ways to pick nits, to my simple way of thinking when we see the price of goods going down more than 2.4% annualized and that comes when money stocks M1-wise are up 7%, then the malaise settling over America is a 9.5% annualized deflation. Think the stock market is going to hold up for long under that kinda pressure? Hahaha...you must be kidding! Job Numbers aside, there is a pretty good Tyler Durden piece over at ZeroHedge on whatTobin's q and CAPE (cyclically adjusted PE's) are saying about this market. But, you mightnot want to hear "48% overvalued!" with breakfast so just pretend I didn't mention it. What else is there in the way of evidence? How about more than 90 banks miss TARPpayments? Gee, sorry I'm short the financial sector...NOT!Jobless Spike Big pop in the jobless figures this morning. " In the week ending June 12, the advance figure for seasonally adjusted initialclaims was 472,000, an increase of 12,000 from the previous week's revised figure of 460,000. The 4-week moving average was 463,500, a decrease of 500 from the previous week's revised average of 464,000. The advance seasonally adjusted insured unemployment rate was 3.6 percent for the UrbanSurvival.com Daily News Update Page 8 of 35 http://urbansurvival.com/week.htm 6/20/2010 week ending June 5, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.5 percent. The advance number for seasonally adjusted insured unemployment during the week ending June 5 was 4,571,000, an increase of 88,000 from the preceding week's revised level of 4,483,000. The 4-week moving average was 4,601,500, a decrease of 21,250 from the preceding week's revised average of 4,622,750. The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.097 million. " Current account deficit up to $109 B for Q1 if you need more cheering...future's waffling.When in Doubt: Regulate So what to do is the question. Around here, simple-minded George & his friendly Big Eastern School econ prof know the answer is "Spur Production!" and everything should take care of itself. But after bailing out nonproductive banksters, the Fed has continued to beat the "More regulation" drum with, most recently, the Squam Lake report which was Blessed by Ben" this way Wednesday: " The Squam Lake Report provides a substantial set of recommendations.Among these are the adoption of a more systemic approach to the supervision and regulation of financial firms and markets; enhanced capital and liquidity regulation for financial firms, particularly for systemically important institutions; improved information collection by regulators and, where possible, the public release of such information; development of a resolution regime that would allow the authorities to manage the failure of a systemically important financial firm in an orderly manner while imposing losses on shareholders and creditors; and significant strengthening of the financial infrastructure, particularly for derivatives contracts. The Federal Reserve has supported legislative changes in all of these areas, and, where possible under current law, has initiated changes along these lines within its own operations. In the remainder of my remarks I will elaborate briefly on these recommendations, with particular attention to how they are currently helping shape regulatory reform and the Fed's own regulatory and supervisory activities. " Only a few simple problems with the concept: By the time someone besides us figures out that production is cratering and banks aren't loaning, we will be so deep into Depression 2.0 that it may be unrecoverable. It's, of course, already global is you know where to look. For instance... The Return of Bank Runs Say, here's a nice little story being mostly buried by the MSM: " Bank run in Spain and itsdestabilizing ramifications for the entire EU " on the Economic Policy Journal site.If you're patient and know where to look, you can watch D2 developing...kinda like watching cancer...slow but deadly. Growing Homeless Families Up about seven percent in the past year is the number of families that spent at least one night in a shelter in 2009.Unemployed 'Locked Out' That's the bottom line, apparently: Employers are opting to hiring people who already havejobs versus those on unemployment, given a choice according to a new report.UrbanSurvival.com Daily News Update Page 9 of 35 http://urbansurvival.com/week.htm 6/20/2010 Mexico Takes Arizona Not to rain on your Cheerios this morning, but signs like this one are going up along Interstate 8 in Arizona and are likely to start appearing in more places. The tip and pic from a reader: "I just received this email from a friend of mine. I called the phone number on the sign and it was the area BLM office. The lady who answered the phone said that this was actually one of the signs they have put up because of the problems being reported in the area!!!!!!!!!!!!!!!!! Are you kidding me???!!!??? If you have to squint to get the number it is: 623-580-5500. Apparently, our government has surrendered and ceded part of Arizona to the smugglers and cartels of Mexico??? And President Obama is sending 1,200 military "secretaries" to the border states, for uh, WHAT? To document the problem so someone can send a strongly worded letter to Mexico!!??!! Well, seems that there is a whole conspiracy at the national governmental level to turn the 50- States into the 49 (or fewer) and this is something that Bill Clinton got the ball rolling on by Executive Order during his tenure, which is why this has been evolving. George Bush didn't do squat about it and then earlier this year, Obama pulled the plug on the border fencebuilding project. I'm willing to give a fair amount of maneuvering room to Obama, but this is absurd. What happened to the "end the war" promises, too, by the way? Seems to me there oughta be a legal course of action where politicians can be recalled from office is they fail to make 'best efforts' to achieve what they promise in their campaigns for office. At least to my way of thinking, to promise one thing, then deliver another is tantamount to voter fraud. Stealing the Net, Redux Not that 'net freedom (and freedom to criticize government for 'giving away' Arizona) will last much longer, though. Don't know if you have seen the reports of a new bill which wouldgive an 'Internet Kill Switch' to the president .You're welcome to try and figure out just what this bill means by reading it here, of you canjust assume that if senators Joe Lieberman and Jay Rockefeller are for it, it probably is anindustry-backed, politically chilling bill at its core... What's Up, Slick? Well, Cuba is gearing for oil damage control now, and they are calling in help fromVenezuela.. .How Insane Are We? Our friends up north of the border are having a fine jolly on the " Southern Illinois city ofUrbanSurvival.com Daily News Update Page 10 of 35 http://urbansurvival.com/week.htm 6/20/2010 Metropolis unveils statue of Superman's Lois Lane " tomorrow.Helluva note when a country as grand as America has to go all the way back to 1932 for ahero...but not much in the way of recent candidates, seems like... We'll know we're in D2 for sure when a modern analog emerges...I mean outside government... ==== snip and save section === Coping: A Synch-wink at the WuJoFor some number of weeks now, we've been having a near exchange of ideas on whether there's anything behind the numerology thinking that somehow the number '8' had special powers to it, and in particular, the power to attract money. Well, have a look at the latest crop circle just posted this week over at www.cropcircleconnector.com . Damned if it's not an eight with a bunch of other 8'sinterleaved inside of it. Might be a little complicated to recreate, but with my scanner and Corel graphics, maybe not so hard after all - using the trace function would probably get me 99% of where I'd want to go with this. No sure what it means, other than once again, here is another case of 'talk about it, then it happens at some level or other. Sort of like liking " The Lathe of Heaven" lite.You'll recall that the night before the BP spill I had the weir4d dream about a murder in aclosed room with a knife, a cook, related to the oil industry and a place called the wall? It was under the coping section headline "Irwin Allen's Dreams" which can look up in our archive here . April 19th if I recall..=== Back to path here: I continue to collect the user reports from people who have put 8's in their wallets. For some, it's just a plain bad idea... "in relation to 8's, i put the number 8 in my wallet a few weeks ago and promptly lost the wallet a day later. haven't found it since! " Others are having better luck: "Sharpie on paper : one 8. Got a $330 check from the gov a few days later. " Here's another dandy: "After reading your story on the number 8, and its potential positive effect on material affairs, I went ahead and drew a double tetrahedron (which is an 8- pointed figure), and wrote the number 8 in the three flat sides that were facing on the image. The cut out image has since gone in my wallet. My girlfriend also has an 8 in her wallet, and together we're seeing if there's any benefit. Went and played some table games over the weekend, and sitting at the three card poker table, I remind my lady of the existence of the number 8, then I sang a little song about it just messing around, and it put a smile on both our faces. Next hand, I'm dealt my three cards. Can ya guess what I got? That's right, I got three 8s staring back at me! I was grinning ear to ear, and although I hadn't bet a wondrous sum of money, the payout was 30 to 1. Not too shabby if I say so myself. I can safely say I've shaken hands with the divine 8, and am definitely no worse for the wear. Next step is winning Powerball! In my mind I've won already. Thanks, George!" One of these days, I will get my fancy online polling & data analysis software online so I can UrbanSurvival.com Daily News Update Page 11 of 35 http://urbansurvival.com/week.htm 6/20/2010 do reader polls on things like this. I have to wonder what percent of people have actualpositive experience (winning or finding money unexpected) versus those who try and strike out? WuJo 2: Dream DriftThe other current field of research (in the few minutes permitted such flights of fancy) has to do with whether there is any correlation between people's dreams and future events.At the WuJo, where science meets the woo-woo arts, our main test platform for this is a website called the National Dream Center, where people are encouraged to post their vividdreams. If you know of anyone who might be interested, sending them along to post would be fine, since the data flow right now is only running at the 50-dream per week level. Not a lot of meaning to it --- yet. I expect that this is one of those items which will take some time to evolve. In the last week, there has been a tiny (down in the noise) dream level increasing around fire, and a decrease in dream content categorized as 'air', but remember these are user-assigned labels and n is very small. I expect the drift will occur over time.What will be very cool to observe is whether the process will capture any dream content change when we get to the peak of the predictive linguistics 'building tensions' period (which oughta peak around July 11th, and then lead to a see-saw kind of release period across summer, or whether there will be an archetype-level change before we get to the huge global tension release that will be like 4-days worth of 9/11-sized tensions releasing and changing life forever (once again) come November 8-12 (+/- time drift). If you think of 9/11 as an hour and a half of tension release, then scale to 96 hours worth of that change level - it's thatkind of thing. I continue looking for the triggers to all this through every sense-extending/sensory UrbanSurvival.com Daily News Update Page 12 of 35 http://urbansurvival.com/week.htm 6/20/2010 enhancer I can think of. Fortunately, the next Shape of Things to Come report from www.halfpasthuman.com will be out (hopefully) next week, which ought to be just in timefor the can't tell you yet that will begin the week following. My Office 2010 Experience - Part One One of the things that keeps life interesting around here is that I try to keep up with 'best practices' in computing in the (real) business world. Part & parcel of this is keeping current with Microsoft Office. Only one day late from expected, my copy of Office 2010 showed up and I was so damnexcited...when you spend as much time on a computer as I do (12-hours a day isn't uncommon, as my butt reminds me) you look forward to new 'power tools' that can drive personal output even higher. Unfortunately, Office 2010 will have to wait a bit. The reason's an odd one, so let me explain in detail just in case Bill or Steve reads the site (not!). Every so often I buy a piece of software that just works great at its intended purpose...in fact it works so well at doing what it does that I shun damn near everything else because while later product might have more bells & whistles, the core software function is as near perfect as you'll find. An example is Ipswich's WS- FTP site FTP software which I bought years ago...and I'mtalking before Y2K I think. Built to run on early, early Windows computers, it still runs just fine. That CD is like a bottle of rare wine. Sure, their latest is much 'mo bettah' but I'm so used to the old program that I can do everything I need virtually on autopilot. So, too, has been my experience with Microsoft's FrontPage 2003 . It does exactly what Iwant when I am cobbling together my columns and despite buying the CoffeeCup HTML suite, and Expression Web (2.0 and 3.0), FrontPage 2003 has always suited me as a wonderful standalone editor, which is the mode I use it in. Patience! We're circling around to Office 2010...So when I put in the O-2010 disc what comes up but a note that I would have to uninstall orreinstall my Office 2003 installation. But, I didn't do that because when I put in Office 2007(which has some really good tools in Outlook, that I'm fond of) I remember spending an hour & a half on the line with Microsoft support while they figured out how to leave just enough of required Office 2003 code to support FrontPage 2003, while still getting Office 2007 humming. Which, to their credit, they did...works perfect.Now I'm faced with a daunting problem: Does this mean I'll have to give up my favorite HTML editor of all time (FP2003 )? Sure looks that way.To be sure, it's not the learning of Expression Web better which slows me down, it's the fact that when I look at the code generated by FP-03, I notice that Expression Web says (politely) "Here are a bushel-basket of non-compliant parts of your code..." While I don't have any problem doing the rollover, it will involve at a minimum cleaning up the Index page, the daily update page, and perhaps have a dozen more. The payoff might be that I could go to templates and other non-horse-drawn computing techniques, but I've always been a Luddite at heart. So my transition to Office 2010 may be delayed by a week to a few months, since every site I have (the Dream Center, IndependenceJournal.com, and Peoplenomics, not to mention my son's medical site...all that would have to be rolled over. The bottom line being: If you have some legacy Microsoft 2003 product, and you are UrbanSurvival.com Daily News Update Page 13 of 35 http://urbansurvival.com/week.htm 6/20/2010 planning to just add Office 2010, expect to spend a lot of time on the phone with some inIndia, by the sound of it, figuring out that the real user question is about 'feature saturation'. Your keyboarding speed won't change and to the extent that moving functions to newlocations on a menu is progress...there's gonna be a learning curve although there's a legacy menus function...well, you have to make those calls. Just Plain Weird Department Say, here's a fine one for you: "Hey George , Just got the most bizarre phone call of my life . I was doing my morning reading and the conversation went something like this . Not word for word but I want to get what I remember down before my memory screws with it . (I am overseas ) . Here goes Me : Hello? Unknown: Allo(she may have said my name .I can't remember)? oh you speak english . I will do my best .I don't know you ,but I calling to see if you are aware of the NEW GOV"T That is coming . Me:(a million and one things rush thru my head at once at this statement) I am aware things are changing . Unknown : So you know God's gov't as written in the bible is coming ? Me: I know something is coming but whether it is good I don't know (here I am thinking doesn't evil come before it is replaced in a short time in the Bible and also dont a lot of people die before that as well ). Unknown : You don't think God is capable of creating a great New Gov't ? Me : My tone of voice changed a bit (I felt my faith in God or as you call it Universe was being tested) . I know exactly what God is capable of .I just don't know if what comes next is necessarily good . Unknown : Okay thank you . Hurry's off phone .hangs up. What the heck was that George ???? Have any of your readers recvd a call like this ? New Gov't ? Am I right about the bad coming before the good (my bible study isn't up to par ? What was I going to be asked to join if I answered the questions right? I am a little spooked and I wish I was stateside because I could star 69 the call . And call back to get some answers . If you have any I would appreciate it . " No clue, dude, but mentioned in today's column in case the unbelievably weird should call you, too. About the only thing this might reference is an email going around the net claiming that the queen of England is going to resign her throne because some guy out of Australia is going to step forward and take over reins of UK power and he claims to have 'defeated Satan' in May at some showdown in Australia... The Truth Detector on this one seems simple: If people are still killing each other in xnumber of wars, oil still flowing from the Gulf, and taxes too high, home values collapsing, and the value of money along with it, Satan not only isn't defeated, his productivity numbers are even higher than the ones reported by gov't.... (Wonder if he's rolled over his minions to Office 2010?) People so want to be led, they'll buy anything promising 'change'...they just mindlessly UrbanSurvival.com Daily News Update Page 14 of 35 http://urbansurvival.com/week.htm 6/20/2010 suspend thinking...or hadn't you noticed?Wednesday June 16, 2010 U pdateIndustrial Production #'s Just out from the Fed: Industrial production advanced 1.2 percent in May after having risen 0.7 percentin April. Manufacturing output climbed 0.9 percent last month, its third consecutive monthly gain of about 1 percent, and was 7.9 percent above its yearearlier level. Outside of manufacturing, the output of mines edged down 0.2 percent, and the output of utilities increased 4.8 percent. The jump in utilities reflected unseasonably warm temperatures that boosted air conditioning usage in May after uncharacteristically temperate weather in April reduced heating demand. At 103.5 percent of its 2002 average, total industrial output in May was 7.6 percent above its year-earlier level. The capacity utilization rate for total industry rose 1.0 percentage point to 74.7 percent, a rate 6.2 percentage points above the rate from a year earlier but 5.9 percentage points below its average from 1972 to 2009. Remember, these Fed numbers are against a backdrop of 7.04% annual monetary inflation atthe M-1 level , so don't get too excited.Downer Numbers, Dow to Follow A couple of press releases out from the government this morning seem destined to weigh on markets at the open today, after a romp to the upside for a little skewering of the shorts: One is the Housing report which showed an unexpected drop in permits. Check it out:BUILDING PERMITS Privately-owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 574,000. This is 5.9 percent (±2.2%) below the revised April rate of 610,000, but is 4.4 percent (±2.6%) above the May 2009 estimate of 550,000. Single-family authorizations in May were at a rate of 438,000; this is 9.9 percent (±2.1%) below the revised April figure of 486,000. Authorizations of units in buildings with five units or more were at a rate of 117,000 in May. HOUSING STARTS Privately-owned housing starts in May were at a seasonally adjusted annual rate of 593,000. This is 10.0 percent (±10.3%)* below the revised April estimate of 659,000, but is 7.8 percent (±9.7%)* above the May 2009 rate of 550,000. Single-family housing starts in May were at a rate of 468,000; this is 17.2 percent (±7.9%) below the revised April figure of 565,000. The May rate for units in buildings with five units or more was 112,000. HOUSING COMPLETIONS Privately-owned housing completions in May were at a seasonally adjusted annual rate of 687,000. This is 7.4 percent (±9.7%)* below the revised April estimate of 742,000 and is 15.4 percent (±13.2%) below the May 2009 rate of 812,000. Single-family housing completions in May were at a rate of 507,000; this is 7.8 percent (±9.5%)* below the revised April rate of 550,000. The May rate for units in buildings with five units or more was 175,000. A bit to chew on, for sure... Next we move on to PPI The Producer Price Index for Finished Goods moved down 0.3 percent in May,seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decline followed a 0.1-percent decrease in April and a 0.7-percent increase in March. At the earlier stages of processing, prices received by producers of UrbanSurvival.com Daily News Update Page 15 of 35 http://urbansurvival.com/week.htm 6/20/2010 intermediate goods advanced 0.4 percent and the crude goods index fell 2.8 percent. On an unadjusted basis, prices for finished goods rose 5.3 percent for the 12 months ended May 2010. This was the second consecutive month of slowing year-over-year advances after a 6.0-percent increase for the 12 months ended March 2010. The worrisome note here is that Crude Goods were down 2.8% for the month, which a cynical person with just the right amount of coffee might call evidence of deflation.Industrial production and factory utilization will pop about 15 minutes before the open...I will try to remember to post the update... What's the Book of Landry say? Oh, here it is: "In bear markets, surprises are usually, butnot always, to the down side...":Solving The World's Problems For whatever reason, I awoke this morning ready to solve many of mankind's most perplexing problems. While such an inclination would bar me from a career in politics, law, pharmaceutical outfits, the military, and so forth, it nevertheless seems like the right thing to do. President Obama's speech last night promising to get tough on BP and make sure they payfor the Gulf Cleanup , hasn't stopped the net-mill rumors that BP was an 'inside job" whichquestion how certain Goldman and BP insiders were able to so deftly move in ways that seemon the surface to defy mere chance. Which gets me to my first pair of solutions. I'd suggest that there are certain kinds of industrial sites where the workers do not undergo serious background checks to the degree which might be required if these same people were to be, for example, fire control personnel on nuclear-armed military craft, or flying jumbo jets around. So step one would be background checks for people in refineries, oil platforms and hazardous materials operations. Beyond oil marshals on platforms and in plants, background checks including quarterly financial statements for operating personnel would make sense. Wonder how many BP employees, officers, directors, and contractors dumped stock ahead of April 20th? Gotta think AG Eric Holder's team will be asking the same thing. But this gets me to an even bigger concept worth pondering: Just like average citizens canget put on no-fly lists for who knows what reasons - going to the wrong protest, orsomething, how about a lot more useful list I call the no corporate involvement list?Let's say that a corporation has a board of directors which was in place when bribes were paid overseas in violation of US law, or who were in their lofty stations when a company was deliberately profiting by misrepresenting products in, oh, collateralized debt paper, just for example. Better than the odd prosecution of one fall guy for the organization, I'd suggest that thewhole executive level of such firms, two layers deep be barred for five-years in cases of massive public misfeasance. Besides creating huge turnover in some of the world's largest 'investment' (which I think of as 'ripoff') banks, the technique would go a long ways toward restoring public confidence in government's ability to operate as advertised. Instead of 'no fly' lists, I propose: "No investment banking" lists, and "no corporate directorship" lists. And for the money guys: "No stock trading" lists. Just to keep everything on the up & up. Climate Bill This is rich: " John Kerry, Joe Lieberman tout EPA projection on climate bill" which isUrbanSurvival.com Daily News Update Page 16 of 35 http://urbansurvival.com/week.htm 6/20/2010 ludicrous, since the world is headed for oil-induced disaster anyway. On the other side of the political aisle, republicorps were moaning about how a national energy tax would just beanother job-killer .As the evidence grows that the BP disaster was a deliberate event - and one which will have massive socioeconomic consequences by late fall including the possibility of Diaspora, wecontinue to offer the simple solution for humans who wish to avoid impacts: Move above 40 degrees North or below 40 degrees South, and stay away from the Northeast since a good part of global warming is caused by hot air in the Washington area. Best I could make of the presidential address which linked 'long term reforms' with thecurrent disaster is it was a feeble-minded attempt to bait and switch which didn't fly, at least around here. Next thing you know, we'll be using assault victims to pitch healthcare insurance...same kind of link-think... Misplaced Pride A Drudge report that vice president Joe Biden said " I'm a politician, and I'm proud of it" hasme wonder what (if anything) was he thinking?That makes as much sense as walking into a Texas watering hole and announcing "I'm a rounder who cheats at cards and steals horses..."I expect in either case, the audience around at the time would not be surprised. And speaking of surprising (but not really) vice presidential items, have you seen the latestabout Al Gore ?New York Tourism Promotion? We can't help but notice the Gothamist headlines that " Marijuana May Be Growing in UnionSquare Park. " In case you miss harvest time, Ditmas Park, too may need weeding.See how easy it is to get public participation in local park maintenance? GlobalRev Bidding up the body count department: Almost two hundred people dead so far in riotingagainst the government in Kyrgyzstan although Chinese media says only 85 by their count.Aljazeera puts the number at 176 ....Do I hear 200? Anyone give me 200? Going.....going....Curious Timing We note all the attention that is being given in the UK to the "Bloody Sunday charges: Thelegal arguments" and wonder what's also going on Ireland-related that isn't making it into theworld press very well since the 'Irish slot' has been filled. Hmmm...ah, here we go: " Ireland orders Israeli diplomat out of embassy over forgedpassports: Move follows alleged Irish passport misuse in killing of Hamas official in Dubai... "Lifestyles There's a dandy article on the Yahoo Finance site this morning from www.smartmoney.comwarning about " Midlife Crisis: How to Cut the Cost".As a now over-60 male, I can tell you first-hand that a midlife crisis is expensive: A divorce about 20-odd years back reset my financial net worth to zero in my 40's, and making it back has been a challenge. Then there have been the ebb and flow of hobbies tugging on the wallet as well. Boats, fast cars, faster women, and various exploits....yeah, I think I did up my midlife crisis just peachy. UrbanSurvival.com Daily News Update Page 17 of 35 http://urbansurvival.com/week.htm 6/20/2010 I'm reminded of the bumper sticker one of the Shilshole Liveaboard sailing community members had on his car - he was a game designer in real life: "I spent all my money on sailing, wine, women and song. The rest I wasted." What's sad is there seems to be so little time in life between sorting out hormone-change induced craziness of 'midlife' (for either sex, BTW - midlife crisis may just be the male version of PMS way I've got it figured) and the onset of obvious aging. I used to think my teenage years were my best: Life was new back then - everything fresh and exciting. But then I came to like the twenties: Professional accomplishments had started to pile up. But then the thirties weren't bad, being a father and such. The pain of divorce in the 40's was replaced by the midlife...which was a blast, but here lately, I've started to think the best of all years were since 50 when I finally settled down a bit. Makes you wonder what you'll think about the 60's when you hit 70, the 70's when you hit 80.... With any luck we'll still both be around then with enough functioning brain cells to remember the previous 10-years. The most interesting change though has to do with effort: When I was young, it seemed everything took so much effort to get done. Learning, work, and such. Now, all things justseems to sort of flow. Not sure what the phenomena is, but it's almost like a part of aging seems to be an increasing ability to accomplish much with little effort. Maybe that's why gardens of folks over 50-60 often seem so much more fruitful. Or maybe it's just that as we age, we just stop noticing work so much. Definitely something to ponder. ==== snip and save section ==== Coping: The 'Art' of Personal MedicineBeen meaning to mention two of what seem like medical breakthroughs have occurred to merecently. One is the correlation between gout and mental acuity, while the other is the hiccups. Since I tend to always err on the side of caution, let me give you the usual disclaimer here: This is NOT medical advice and if you think you have a real health issue, talk to a real medical professional. Don't try this at home, not to be used without parental consent, your mileage may vary, operators are standing by. call now, lines are open, this is a free call. (Whew!) My observation about a link between mental acuity and gout first: I happened to be thinking back on columns written over the past month, or so, and noticed that even by my own standards of pun-laced, slapstick journalism, a few of the recent columns were pretty good - and one or two were actually quite funny.They also happened before my goat-kner-twist setting off gout a week ago. Since then, writing at times through the blue fog of pain at the height of gout, I noticed that there was a little less humor, and almost an overdose of cynicism. It was while reflecting on this change in style that I developed my first crackpot medical idea of the day: The reason that gout is called "thinking persons disease" is that just before a goutattack, there is a small, but in my case noticeable improvement in mental function, which once gout arrives and treatment is started, quickly enough reverses. UrbanSurvival.com Daily News Update Page 18 of 35 http://urbansurvival.com/week.htm 6/20/2010 Underlying my crackpot theory is the suspicion that there is a very low-level link between system uric acid levels and the ease with which certain neuron-firing patterns happen in the brain. It was almost as though a higher level of uric acid, up to, just just short of the levels where the uric acid crystals precipitate, which causes physical pain, there is some low-level serum level of uric acid function that makes thinking clearer, or less clear. At the upper subcritical boundary (say, this is sounding medical, isn't it?) mental acuity seems to improve, while at the lower end (as in post gout treatment) acuity is OK, but nothing to write home about. Since we are 73% water (or higher, depending on who you quote and if you're cursed with bloating) it's obvious that small changes in electrolytes in our bodies can - and probably dohave a good connection with how our brains function. The art of 'self medicine' is a time-honored tradition in my family, and I remember whenever I was going to take a big test, Pappy always recommended a cup of fresh coffee and a steak & eggs breakfast, light on the carbohydrates. His theory was that it was brain serotonin levels which keep the brain sharp, but now that I've had a half-century plus a decade in this bag-o-bones, I'm wondering whether it was the serotonin uptake channel, or whether it was the serum uric acid levels changing which might make it just a tiny but measurable increase in likelihood of neurons firing when called upon.This link between (serotonin levels, or serum uric acid) may account for different religions having various dietary rules; maybe when a person goes vegetarian, for example, they can get used to a much lower level of some brain chemical, or other, and through mental focus of some kind, achieve some kind of different level of mental acuity. But that was my first wild-eyed medical idea to pass along: Find me the serum electrolyte studies of different regular folks and then go compare them with various figures with longterm vegetarian habits who are on the personal enlightenment path, and then mix me up a batch of foods and supplements so I can (without doing any real work, which I abhor) reach astate of enlighten after a properly laced cheeseburger. --- The second observation came about hiccups, which I got last night, for no particular reason. There I was hiccupping like crazy and I made this most incredible discovery which I know applies to me and you may wish to experiment with next time you get a good bout of hiccups:What seems to cure them is doing something which causes your mouth to salivated. Moreconventional treatments are here , but treating a bad case of hiccups doesn't sound likesomething we have in our otherwise well-stock medicine chest; from Wikipedia: Haloperidol (Haldol, an anti-psychotic and sedative), metoclopramide (Reglan, a gastrointestinal stimulant), and chlorpromazine (Thorazine, an anti-psychotic with strong sedative effects) are used in cases of intractable hiccups. In severe or resistant cases, baclofen, an anti-spasmodic, is sometimes required to suppress hiccups. After a review of old-fashioned home remedies, I figured that most involve some kind ofsaliva release, so next time to get hiccups, you might try that approach: Eat (or drink) something that gets your mouth to watering. It may not be the acidic level of the foodinvolved (sugar, vinegar, or water) so much as it may be something saliva-connected. Let us know? Personal self-medicine is an interesting field and one not often practiced. Yet it's really a quite rewarding field to tinker with, a kind of first level of Citizen Science. Speaking of which... Flare/Quake Relation Confirmed? UrbanSurvival.com Daily News Update Page 19 of 35 http://urbansurvival.com/week.htm 6/20/2010 You may recall that over the past year, or so, we have talked about an apparent link betweenearthquakes and solar flares. While a few scientists have written in trying to debunk theory, those with an open mind are finding what seems to be a statistical correlation: Hey George, you're always so fascinated about sun activity and earthquake correlations, so I made a nice diagram for you. It's all on your interpretation but there really seems to be a correlation in some way. Btw, thank you very much for your daily report! The reader attached this most informative chart which lines up earthquakes (blue top axis, since about March 15 of this year) with solar flare outbreaks off the GOES satellite platformthrough the same period: To be sure, it's not a perfect correlation - very noisy and all - but the appearance of 7+magnitude quakes recently seems to be correlated, which gets me to wondering aboutwhether historical research would firm up the data any. A good place to start might be to look at the so-called Carrington Event of 1859 which melted down telegraph wires and such.A good starting list of historical solar events may be found in James Marusek's 2007 paper "Solar Storm Threat Analysis" and then go off searching for temporally adjacent correlated quakes. Papers are due Friday before class. Pass-fail, yada, yada, yada... Wednesday at the WuJo: More 8'sOur recent descriptions of people having good experiences by putting 8's into their walletshas not been universal. Take this email from a reader: "I have been a reader of your free website for quite awhile now and need some clarifications on the 8's. I wrote down 3 figure 8's in a triangle and put the paper in my wallet on 6-9-2010 at 8:49 am, making sure that the 1st 8 is always on top. Since then, I have had an outflow of over $500.00. I am doing something wrong? " Putting them in a triangle was just an idea to be tinkered with carefully. I would get rid of itby burning it (under safe conditions, parents observing, and such) and then try a single 8. Still, plenty of positives - like this guy: "I just put a "8" in my wallet a couple of days ago, and I went online to reconcile UrbanSurvival.com Daily News Update Page 20 of 35 http://urbansurvival.com/week.htm 6/20/2010 my bank statement, and my federal tax return had been direct deposited with $850 more than I had figured when I filed. "What the thinker thinks, the prover proves". Thanks for helping to pass the good vibes." If you're a real sharing & caring reader, how about sending $500 of that to reader #1? Just thinking.... But now we get a little closer to the woo-woo: "Hi George, For the previous 2 years or so, my alarm clock steadily gained minutes without me changing anything (I don't even use the alarm part), so I got used to mentally calculating the 'real' time if I awoke and looked at the clock and knew I was always within a half hour of being correct. I went through several/many full cycles of the 12 hour cycles and always figured the mental calculation necessary was good for the aging brain. Then, 4 or 5 months ago, the clock started keeping time again. I can't remember when, so can't go back and track anything astrological/environmental/technical etc. At the same time, hyperchronism and discussions and input came about so I decided that when my alarm clock started trekking ahead again, I'd make a daily note of it. Well, nothing came of it for months. Then, last week, I woke up one morning and my alarm clock was a distinct 8 minutes ahead of the previous night's time when I went to bed. I jotted the date down and the minutes the clocked gained and didn't think anymore about it. Nothing has happened since then. Tonight, I was putting some things away in my night table and looked at the jotting and noticed that on June 8th, my alarm clock leapt forward 8 minutes, yet hasn't gone beyond that since. In the meantime, I put the number 8 in my two wallets and haven't lost/been charged any money, yet I haven't won the lottery either (but then again, I don't buy tickets). I'm rich, I just don't have lots of money. :-) Easy solution for Mr. Science! Put your alarm clock in your wallet. Next? "Hi George, I hand-wrote an 8 on a piece of paper and put it in my wallet last Wednesday. My company's employee stock purchase plan rocks. We are locked into a purchase price for 2 YEARS, with our last price having been set in January 2009. Our purchase price was set at $3.92 and the current stock price (while down considerably since May 6th) is at $38.31 as we speak. Every 6 months, we have open enrollment where we designate what percentage of our income that we want to contribute, maxing out at 15%. I enrolled at 15% during our last period, but there was a problem with the website and my contribution change was not saved. Luckily I had printed a receipt of the transaction. I contacted our accounting department, and we played email/phone tag for a couple of months. They weren't offering any information in the email phone tag exchange, and I was getting worried that they couldn't do anything about it. I set up an appointment to talk with the accounting manager for last Friday. We chatted for a bit and then got down to the topic at hand. UrbanSurvival.com Daily News Update Page 21 of 35 http://urbansurvival.com/week.htm 6/20/2010 I said "I'm hoping you can help me" and she said "I think we can". All I have to do is write a check before the end of June and they will make the stock purchase the first week in July. I will own the shares outright and can sell them that day. I was ECSTATIC !!!! I plan to sell as soon as it settles, and assuming things don't fall apart before then, stand to make a significant return on my 15% investment. This 2 year period continues through 2010, but the 2nd half of the year has me concerned. Glad I'll be able to take some money off the table in July. As an aid to your readers, I made a page of business card sized triangularly arranged 8's and have attached it as a .pdf for you if you would like to share it. Yah, sure, you bet'cha! Click here to open the .PDF and print it...Keep sending in the results. If you're not sure, just empty the entire contents of you wallet,especially cash, and mail it to us. We'll...er...test the evidence at local stores and shops and report back.... "Is the word gullible in the dictionary?" you're wondering? But now let me show you proof in today's news that 8's influence money and visa versa: " 8House members investigated over fundraisers held near financial reform vote " says theWaPo online this morning. There...did I tell you it's all about 8s and money, or what? Tuesday June 15, 2010 Very Short Term: Positive I would not be surprised to see US stocks follow through on the late weakness of Mondayand go back down to test the 10,000 level before making a gallant run to the upside between now and options expiration, or maybe even into early next week. This being the expectation, I already have my sell orders in for today - which since I'm playing one of the inverse ETF's (a stock that works backwards of the general market; e.g. market going down and they go up) I expect to hit my sell orders. From there (if everything goes according to plan - which it never does) I will reenter long positions next week sometime when I expect the market to go higher, although it seems ready to bounce at the open. My current thinking is to the 10,350-450 range, and then a big decline toward the end of the month which oughta to stand everyone's hair on end. This is not trading advice - just what I plan to do with my own money in my own account: What you do with your money is your own damn business. Still, it always pays to look at the 'news flow' which is like a river etching its way through a soft landscape. Right now, the river is flowing slowly...not that we don't have oil prices andGreece's latest debt downgrade to consider , but the mood of the bulls is...well....bullish.There's also some signs of life in the economy...little things like the f irming of gasolineprices in the latest Triple A Fuel Gauge report.--- Down on the docks there are a few more cars around the viaduct out in Long Beach whereloaded inbound container volumes are up 26.8% for May . Over on the harbor side, there'salso a 12.52% increase in loaded inbound reported for the Port of Los Angeles. It will be afew more days till the other West Coast ports catch up, but the hints out of the SoCal docks tend to support some short-term economic recovery. Weakness in here would perhaps be a 1- week (maybe less) buying opportunity, if you have visions of pattern day-trader status and making the fast buck. UrbanSurvival.com Daily News Update Page 22 of 35 http://urbansurvival.com/week.htm 6/20/2010 For a little more discussion of the 'fast buck' thinking, see today's "Coping" section for an explanation of what I call Mr. Ure's Idiot-level Charting System...a variation on Elliott Waves simple enough for use without thinking too much. Letter to Volker Former Fed chair Paul Volker for reportedly said recently that " Restoring our fiscalposition . . . sorting out a reasonable approach toward limiting carbon omissions, and producing domestic energy without unacceptable environmental risks all take time.. "We are out of time! Over - gone!Limiting carbon emissions? Are you kidding? That was all part of the global warming crisis...scuttled at Copenhagen on phony data...remember? I'm wondering why we're still spending big tax bucks promoting carbon solutions when we got maybe 50-200 million gallons of carbon floating just off New Orleans, for cryin out loud. Why, the thought police even have www./globalwarming.gov going strong.Not to say global warming isn't a problem, but we may not live long enough to see it. Can we get our priorities right, please? Begging on bended knee here. Maybe a letter would help... Dear Mr. Volker: The real crisis is not 'carbon' or any of the other trumped up diversions in the headlines, designed to herd the sheep behind this scheme, or that. Instead, I'd suggest that it is "who's gonna buy the ruined real estate debt instruments from across the whole South-Gulf region for x miles inland and theeat the costs for the massive economic collapse including the massdestruction ofpension fund assets and the beggaring of the Boomers that will surely accompany it this fall? think about it: If you owned Gulf coast property and it became oil soaked and smelling of oil to high heavens, would you pay the mortgage, or would you throw down the keys and say "Have fun, bank..."? Why can't leadership in America lead for a change? By getting ahead of theproblems rather than being two years behind? Louisiana is trying by attempting to fill in barrier islands to create am oil barrier 9-miles out , but it's a little bigger problem than just one state, you know?What happens when there is s o much oil in the Gulf that air quality/ hydrogensulfide levels make coastwise living unhealthy, cancerous, or even immediately fatal ?What happens if a million homeowners and condo-dwellers all throw down their keys in mass 'deeds in lieu of foreclosures' this fall and head north to clear air? What happens to the underlying securitizations? And what about the banks and pension funds that thought they had assets?I'll tell you: They decline to near zero. And that collapses the economy. Period. Obvious as pie. Yet not one major financial figure (such asyourself) has called for a meeting to develop plans for economic collapse as aresult of the Gulf! I'm shocked. Not blaming you...the problem is systemic, ofcourse. Maybe though, since you're a former Fed boss, you can explain to people in Washington that we are in a long-term secular bear market, and that our UrbanSurvival.com Daily News Update Page 23 of 35 http://urbansurvival.com/week.htm 6/20/2010 currency was in a heap of trouble already from past excesses and now with mass real estate declines around the GOM it gets worse than imaginable because of the financial impacts almost certain to come. As an aside, you realize I'm sure, that since you left the Fed job in 1987 the US Dollar has lost 48.3% of its purchasing power due to inflation? The track record of your successors has been less than admirable. The Fed is still watering down purchasing power of the dollar which masks the fact that the Dow has been in a purchasing power parity decline since 2000, but that's another problem. The oil mess could dwarf even this and in a year. The main problem I see this fall is oil-induced economic collapse by mid November as someone's gonna get stuck for the costs shoreside when folks pack up and leave. I think you're a really bright guy and can see it, too, if you look...and maybe start working on options to prevent calamity for the Nation. Thank you in advance. PS If you're ever in East Texas outback and want a stogie and a glass of Remy drop by. PPS: I just bought a 1974 "Whip Inflation Now" button, and I promise to wearit. Grill, Drill, and Thrill While there are headlines about how co ngress will be 'grilling BP" executive and such,, theUrbanSurvival readership has a much more measured response to all the prime time shenanigans. Look, here's a reader email that explains why: "George, Many have said that the gulf spill will put BP out of business. Let's review how incorporation is used by modern corporation to encapsulate and limit liability. Iwould expect something like the following structure exists within BP. BP Cayman Islands master owning corporation of all sub corporations BP England stand alone corporation wholly owned by BP Cayman Islands BP US stand alone corporation wholly owned by BP Cayman Islands owns gas station in US no connection with corporate entity that is doing the drilling in the gulf. BP US Exploration stand alone corporation wholly owned by BP Cayman Islands owner of the right to drill in gulf. Rents oil drilling platform from outside corporation. Owns nothing expect the right to drill. Has borrowed money from banks and will have to first use the value of the right to drill to pay back bankers loans before paying for any cleanup or damages claims. The only corporation that might go bankrupt is BP US Exploration. As it has a negative net worth I do not see any investor shedding any tears. Nor any victims getting any money. Since the supreme court decided corporations were people each corporation named is a separate person and stands liable all by themselves. All the other persons are free and clear. They can not be held responsible for the crimes of others." You know, sad thing about it is the reader may be right. Whether BP is spread into multiple pieces and insulated in 'good corporate form' ought to be the very first question by thoseUrbanSurvival.com Daily News Update Page 24 of 35 http://urbansurvival.com/week.htm 6/20/2010 doing the so-called grilling. And if they weren't structured this way, what's to stop 'em now?Too obvious? Not hardly. Haven't seen hardly any discussion of this so far. Old News, Broken Promises Numerous readers are putting on their cynical hats and saying all this talk about a trilliondollars worth of minerals in Afghanistan is "a ploy to renege on yet another campaignpromise, with the possible exception of an offshore drilling moratorium." Here you thought I was cynical...Terra Bites A 5.7 earthquake out in the area east of San Diego has us wondering again if the Salton Seamight sooner than we'd like, be hooked up with the Sea of Cortez again...Sun Worries I notice the UK's Telegraph is headline that "NASA warns solar flare from 'huge spacestorm' will cause devastation ". But will it matter, is another thing. If we are facing a deathof the US dollar and oil-indusced Diaspora in the US this fall/winter, seems to be this is just one more inconvenience, the failure of electrical systems, computational horsepower failing and so forth. Near as I can figure it, you want to be in your 'weathering through it' place by mid October or earlier. The Sun's a problem on the backside of 2012 . Getting there will be hard enough.Where's My Office 2010? Email: "Hello from Amazon.com. We're sorry for the delay in shipping the order you placed on June 02 2010 (Order# ###############. We have good news -- the order is now being shipped! You should receive a shipping notification shortly, within the next business day, for the following item(s): "Microsoft Office 2010 Home & Business (Disc Version)" The shipping notification will include an updated estimated delivery date and tracking information if it's available. Because we were unable to meet our guaranteed delivery date promise, we are refunding the shipping charges for your entire order. This refund should be processed within the next few days, and we will send you an e-mail to let you know when the refund has been completed. We will make every effort to get the delayed item(s) to you as soon as possible and we'll send you an e-mail to confirm shipment. Any other items in your order will not be affected by this delay. We apologize for the inconvenience caused by this delay. OK with me...nice to get the free shipping... Like Father Like...No? A lot of us Libertarian-leaning former republicrats had high hopes that Ron Paul's con Rand would follow in his father's footsteps. But, with the headline that " Rand Paul'sUrbanSurvival.com Daily News Update Page 25 of 35 http://urbansurvival.com/week.htm 6/20/2010 ophthalmology certification not recognized by national clearinghouse ", I can only shake myhead... ==== snip and save section ==== Coping: Mr. Ure's Idiot Level Chart SystemA long time ago, I got to looking at charts after reading Bob Prechter's wonderful book Elliott Wave Principle: Key To Market Behavior which says (ridiculously over-simplified)that when a market is heading in a particular direction, the move will come in either 3 steps or five steps. The five waves in a particular direction are often called 'impulsive' while counter trend moves are said to be 'corrective'. Thus, in a bear market, you might see one wave down, abounce, another wave down, a bounce, and then a fifth wave down to complete the move. It I have trouble getting my head on right about such things, I use idiot-level charting, simply connecting the tops of the peaks of bounces. When the trend line of this market direction is broken, I assume the market is going the other way. So, as it applies to the current market(and borrowing a linear scale chart from http://finance.yahoo.com to use as the basis for thecurrent example) the 3-month Dow chart, my trend line looks like this: What this says to me is that the short-term odds are pretty good that the market is completing the first bounce of a corrective 3-waves up. Wave 1 started from the early June low, broke the trend line about June 7th for wave 1 . From here, I'd expect wave 3 of the correction tocome down to around 10,000, and from there we could go as high as 61.8% of the distance from around 11,200 down to 9,800 in roundest of numbers. The reason is that corrective waves tend (it's only a tendency remember!) to complete their bounces at Fibonacci numberslike .618 or even fractions like 50%, 75%, 80% and so forth. Since the market has declined 1,400 points since the recent peak, I would expect to see a bounce of (round number here) 865 points. Adding 865 to the 9800 Dow low could see a bounce as high as 10,665 . Or, the bounce could be 50% to the 10,500 area.Many times, the bounce under really ugly conditions will be as little as 38.2% - thereciprocal of the .618 Golden Ratio. If that were the case, the peak might be as low as 10,334on the bounce. These numbers are NOT PRECISE as I am simply illustrating a way to think about the market. The main point of this morning is that the bearish trend line has been broken short-term and from here, we could see a decline to the 10,000 level over the next few days. Then a nicerally into options and maybe carrying into next week. --- UrbanSurvival.com Daily News Update Page 26 of 35 http://urbansurvival.com/week.htm 6/20/2010 The bigger picture for the economy comes into focus when you look at a five year chart.Since waves tend to be fractal (meaning they tend to work regardless of the timeframe you're looking at) there's a case to be made that the entire market move down from over 14,022Dow to 6,727 was only Wave One of this larger degree wave.That would make the (Bigger) wave 1 down 7,295 points, and if we are in a 50% bounce, this larger wave 2 could complete at 10,374 . Or, if the decline bounces the full 61.8%, thenthe Dow target would be 11,235 or thereabouts. Sound familiar? It should: Go back and look at the intraday highs of April 30 (11,235.94) April 29 (11,232.54), and so forth. To be sure, there was a brief period of trading over 11,300 intraday, but as for a close overthe target? Nope. 11,205.03 for April 26th. Again, this is NOT trading advice, but IF I were foolish enough to have an IRA, and lucky enough to have telephone transfer capabilities, I would sure move to 100% CASH/BONDS on any rally over the next week or so, since a collapse toward the end of the month does come into view. Whether the bounce over the next week or two goes to as little as 10,350, or as much as 10,665 or even higher, when the tide turns again late this month or early next, we could be starting a downturn that could take the Dow down to the 4,400 level or below. --- People sometimes say "Damn George, you're such a pessimist."I disagree: I see the stock market for what it is - it does up and I can make money, or it goes down - and I can make money. By having no attachment to whether it's a bull market, orbear market, money's to be made in either case. Since we are setting up to rally to complete a wave 3 rally, to finish a wave 2 bounce in thelarger context, the way to play - at least with my money - will be to 'load the boat' on the short side in a week or so. if it happens to work out that I make a few dollars, at least you can see my thinking on the matter. Remember, this is NOT TRADING ADVICE - JUST MY OWN TRADING PLAN FOR THE NEXT SHORT WHILE. Monday June 14, 2010 Afghanistan: Truth Out?First thing floating to the top of the reader inbox this morning was this note: I love your writing... I am a native American with a dual degree in Foreign Policy and Economics from UCSD. I was destroyed by the economy and this government as a small business man - Iowned a restaurant during the economic collapse. I don't know if you read this piece...but here it is... the reason we are chasing Osamabin deaden in Afghanistan. Let me think here... $1- trillion worth of resources including what the NY Times calls 'theSaudi Arabia of lithium '. What's even more telling is that the Soviets knew there was somemineral resource there from their occupation and we've been eyeing it since 2006.Hate to start off on a Monday with an "Did we, or did we not fear something like this?" But, we have long feared that if there was an accurate way to look at Middle East developments, UrbanSurvival.com Daily News Update Page 27 of 35 http://urbansurvival.com/week.htm 6/20/2010 it might be summarized this way: A complex game of commercial interests played on under a public pretext of 'bringing freedom' to regions. So if I ever get that squinty-eyed look and assert things like "The only reason we went into Iraq was to keep the Saudi oil prices up and to regulate how fast new production could come on line - and the same kind of thing could be extended to Iran (that we have to contain theiroil) - witness t he Saudi green light to flights to attack Iran, ,well, just try and overlook it.Too long reading behind the headlines and drinking cynicism inducing coffee in the newsroom. This morning, the well-connected Middle East news outfit Debka reports " The Afghan Warnears end with Pakistan-aided Taliban victory " now in sight.Why is it that I somehow expect a new 'urge to surge' to ensure 'freedom' of these people? Couldn't have anything to do with a grim military outlook and a jackpot of precious minerals, could it? A reader (who's almost as cynical as me began an email on point with "We are NEVERleaving Afghanistan now!" That's what the Russians thought, too, I'm sure. Showdown Coming The report that the first of the Iranian Gaza aid ships left port Sunday should set a countdown timer for future headlines - another one is due to leave on Friday...and Iran reports 100,000volunteered to help .The Israeli cabinet has voted for a Gaza flotilla inquiry, no doubt to head of international orUN investigations which might be way less friendly. March to Wars Along with this, we noticed the assertion that " Iran 'definitely' building nuclear weapon' overat the WTOP website. But not to worry, if your defense stocks are still lagging, maybe the headline " North Koreathreatens 'all-out military strike " on South's loudspeakers" may be good for a half point rallytoday. The Weak Ahead This being options expiration week, I are sure going to be tempted to buy up a whole pile of short-term put options for the July cycle as stocks head for a higher opening today.If you believe numbers matter, you'll have plenty to ponder this week as we get import/export prices tomorrow, then housing starts on Wednesday along with PPI, and then Thursday the Biggie: CPI. Just a gut sense of things would be a little rally today, maybe a bit of follow-through, then a slow decline into options expiration Friday. Boring! SOTTC The next Predictive Linguistics report from www.halfpasthuman.com should be out beforethe end of next week, if you're waiting for the next glimpse into the [computed] future. Sun Disease You see the new headline off NewScientist's site? " What's Wrong weith the Sun" goes intohow the sunspot cycle just ain't right. Worth reading, but only if you're a human living on a sun-dependent planet, or something... Trouble for the Bang Gang You catch the recent story that there may have been NO Big Bang as is presently beingtaught in how many schools around around the country? UrbanSurvival.com Daily News Update Page 28 of 35 http://urbansurvival.com/week.htm 6/20/2010 --- Write today's date down on a calendar somewhere and let's see how long old/wrong science can be taught to young people, shall we? Just like economics is out of date when learned nowadays because the world doesn't operate as described, so too, lots of fundamental science is anything but current. Which gets me to wondering why a forward thinking college system doesn't put all of its textbooks on Kindles to lower the cost of higher ed? Answer is simple: Since textbooks have to be rewritten every couple of years, it's been a great cash cow for the tree-cutters and book publishers. But wait! What about the consumer? Why not pure electronic content? One book-sized kindle... --- By the way - speaking of which - I always like to put a plug in where I can for the MIT Open Courseware site: http://ocw.mit.edu/index.htmThere are now 1,900 courses online...just the thing for lifetime learners. Sailing Mars Another story to watch is the one that about one-third of Mars was once covered by oceansand may have supported life .All of which can be taken as an article of faith, since Men are From Mars and they wouldn't go anywhere without boating, fishing, and sailing, would they? Future of Journalism Tomorrow, the FTC will be holding the last of its hearing on how to 'save journalism' which is being challenged by the large number of sites on the internet that offer a non-mainstream, unconventional view of the world which could be disruptive to the PTB, MainStreamMedia, and old-fashioned cut-down-the-trees newspapering. There's a good story on what's going on thanks to the NY Times online coverage.But, fact of the matter is that the government is already doing a fair (or is this unfair) bit tohelp the papers. One way they do this is by leaking stories to newspapers before giving it to internet services. Plus, many government web sites habitually put out stories late - if ever -to online media. Way back in the day of being a serious newsman, a mayoral press aide and I were out for a beer after work and he told me "I think we'll release this story in the afternoon tomorrow because that will be on the P.I.'s time." Referring to Seattle's Post Intelligencer. "Then we'll do this other story on Time's time."And so it goes - the politicos play the major papers publishing deadlines and even go so faras to note which stories get released to which paper, so as to have another ,talking point with editorial boards when endorsement time comes around. Funny thing? This somehow never gets revealed to the public... You want to improve journalism? Make it mandatory that anything governments do be putout to all media at the same time. Might seem hokey and all, but to this day, government agencies at just about all levels are still playing by 'newspaper rules'... Yep - take this to the bank: The big drivers of editorial board endorsements by major newspapers is how 'friendly' politicos are in their timing of news events to the paper's particular publishing schedule and how well they respond to the paper's editorial suggestions... For Whom the OS Tolls UrbanSurvival.com Daily News Update Page 29 of 35 http://urbansurvival.com/week.htm 6/20/2010 Although there might be one in the next month, the clock is about run out for Windows XPSP2 support. ...July 13th.Tomorrow, I'm supposed to get my new copy of Office 2010, but whether it shows up...well,I'll let you know. Hasn't shipped yet, though... === snip and save section === Coping: The Return of Debtors' PrisonsA story in the Minneapolis Star-Trib last week really deserves some focus because it related how Minnesotans - more than 800 in the past year - have been arrested on creditor warrants.This is also spreading to other states such as Illinois where, says the S-T story "In January, a judge sentenced a Kenney, Ill., man "to indefinite incarceration" until he came up with $300 toward a lumber yard debt.: The social contract, once upon a time, had two parties: The individual and the whole ofsociety . But, thanks to the recently accomplished takeover of government by corporateinterests - bolstered by a recent US Supreme Court decision which gives supra-human rights to corporations to spend as much as they please on 'buying government', the parties to the old social order have been replaced. The new 'social contract' (which ain't very social) is evidenced across the board as a contractbetween humans and the ruling business-owner class (the PTB). So, whether you're looking for a change in what drives the US to commit military forces (Hint: Fortune 500-sized corporate interests) or whether you're trying to find the reason for changes in the use of debt warrants, the answer seems to be coming around to the same thing: Fortune 500-sized corporate interests. What's more, as we see the continuing alignment of corporate interests into government actions (resulting in corpgov) we are likely to see even heavier-handed laws to quell dissent and punish those who question the New World Order paradigm. There was a time when to connect such dots would land one on the radical fringe; yet today we see the locking people up story, and we read about how Afghanistan (gee, look what we just discovered...) has huge raw material assets. The ethical question that arises, when one views the world in this light - namely corporate versus human rights - is "What's the right course for humans to pursue?" I'm embarrassed to say that a great, great, great grandfather, Andrew Ure was -- in 1835 England - one of the leading apologists for what was in his day the corporate interests, the owners of automation, which he claimed was a good thing. Andrew Ure was just in lovewith machines: " Improvements in the machinery have a three-fold bearing: -lst. They make it possible to fabricate some articles which, but for them, could not be fabricated at all. 2nd. They enable an operative to turn out a greater quantity of work than he could before, - time, labour, and quality of work remaining constant. 3rd. They effect a substitution of labour comparatively unskilled, for that which is more skilled. Unfortunately, for my great, great, great grandfather, he was living in a period of history where resource depletion would soon become an issue. In some ways, the scalping of most of England's trees to feed the fires of commerce might be UrbanSurvival.com Daily News Update Page 30 of 35 http://urbansurvival.com/week.htm 6/20/2010 viewed a good thing, since it encouraged innovations in areas alike coal mining. But, what he missed was that while in the early stages, industrialization may be considered 'good' since humans move on to other tasks associated with industry - such as mining or building railroads, there comes a point beyond which the urge to industrialize collapses upon itself. This point (which we are now nearing, in my estimate), could be considered global supersaturation of consumer markets. Just as American cigarette companies - driven from the US by anti-death lawsuits - are now hooking everyone they can in lower knowledge areas of the world such as Indonesia. When you see stories about how "A chain-smoking Indonesian toddler has cut back to 15cigarettes a day thanks to "therapy focused on playing", a child welfare official said on Tuesday " - think of it as amoral corporate death-dealing for profit.The difference between regular humans and corporations is that corporations have systematically gone forth conquering humans since they are not accountable to 'society'...a concept that's quickly becoming lost in law.Even more insidious is that when corporations go conquering, their actions as entities arewell-hidden from the eyes of of humans by massive PR Departments that make sure anticorporate feelings don't emerge. In the time of the Old Ure, anti-corporate - or more properly anti-automation/ factory owner class - activities were laid at the feet of Ned Lud... Ned Lud was a weaver, believed to be from Anstey, who in 1779, by someaccounts, either after being whipped for idleness, [4] or after being taunted bylocal youths, [5] smashed two knitting frames in what was described as a "fit ofpassion". [6][7] Other accounts offer the less dramatic explanation that Lud wastold by his father, who was a framework-knitter, to 'square his needles'; Lud took a hammer and "beat them into a heap". [8] News of the incident spread, andafter a time, whenever frames were sabotaged, people would jokingly say that "Ned Lud did it". [6][7]By 1812, organized frame-breakers who became known as the Luddites had begun to use the name King Ludd or Captain Ludd for their mythical leader. In the time of Lud and Ure (the old one, not me), the face-off between humans and the factory owner class was a local matter. While the Old Ure was defending child labor for 12-hours a day in mills, Lud followers were (on occasion) directly striking back. As a result, over time, the corporate interests/factory owner class, has become distanced from local humans. By going first interstate - and then international, they have disappeared into the smoke of foggy thinking. I mention these facts because what we are seeing in the case of BP in the Gulf could mark an important historical turning point in how regular humans deal with corporate interests. I refer specifically to the headline that " Obama wants BP escrow fund for spill damage: Asmore oil washes ashore, a letter from 54-senators calls for the company to set aside $20- billion. "The turning point seems to be that if the corporate crime is great enough and too obvious tohide, then humans can still turn on the corporate and seek their due. Of course, it won't be easy. For one thing, BP is likely to hide behind foreign ownership. Although the UKgovernment sold its shares in BP in 1987, its ownership continues to have it's headquarters atSt. James Square, London .As the US outrage builds over the summer, and BP predictably tries to cling to its position power, a showdown with the US could arise over our damage claims against BP. UrbanSurvival.com Daily News Update Page 31 of 35 http://urbansurvival.com/week.htm 6/20/2010 The company today will make a decision about whether to pay a Q2 dividend...this against the growing background of public anger. We note that action against BP is only coming because the crimes are so obvious, the complicity of insider investors so clear, and the magnitude of infraction undeniable. Yet when we return to the toddler who's down to 15-smokes a day, we have to ask a little broader question, I think: have corporate interests grown so large, and so adept at their manipulations of power, that they pose a real threat to humans? Then - by extension - I go on to wonder if any of the people arrested and thrown in jail over debts think about their relationship to the Corporate States of America, in this larger context? And if they do, what fraction will see the context with enough definition to formulate personal plans of action to effect direct change? As the battle lines harden - they're very soft for now - I can't help but think we'll see more frustrated humans go off and 'do crazy shit' as the year goes on, rather than organize and petition to effect peaceful change and the holding of corporations to the same standards of behavior that are applied to humans. But until corporations are stripped of their supra-human rights, we humans are on a collision course with the raw naked power of corpgov. Till then, all a rational human can do is support non-corporate interests, small-scale and local businesses rather than Big Box stores, and in every little way you can imagine, vote with your wallet. We see today the modern-era corporate apologists who argue that direct consumer actionagainst BP is somehow misplaced .I don't think so. Stripped of meaningful representation in Washington (remember the bailouts?) and moral enough not to take up arms, humans don't have too many options left except to eschew economic relations with corporate interests which act in anti-human ways. For the local owners of BP franchises, I'd suggest changing brands and hope people like me are on the jury should BP survive to claim breach. The one course everyday humans have left is Vote With Your Wallet - every time you openit. VWYW. Knee Better I'd say my knee - injured in goat misadventures of last week - is a LOT better today. Turns out that the knee twists triggered a gout attack and now that I'm on my gout meds, things are actually improving. As with any cloud, this one may have a silver lining: I've got a new way of figuring out serious an injury is: By how much weight you lose. I've lost 8-pounds since the incident last week. Appetite is still missing, too. Now, I'm trying to figure out how to get FDA approval of a large hammer, which would be sold as a weight-loss remedy. Hit yourself hard enough with it - on a knee or something - and you can lose your appetite. New meaning to 'getting hammered' too...
Before the chart, a little background: Once upon a time, a long while ago, I observed during my quest for 'truth' in economics, that the PowersThatBe, the talking heads on the teeve, and the other information sources that actively engage in the programming of humans not to think, had conveniently swept several trillions of dollars that disappeared in the Internet Bubble's bursting (since spring 2000) under the rug. Surely, it wasn't unnoticed by the thousands of people who called brokers and said "Where is my money?" "Gone, but hang in there as you're a long term investor!" was about all they heard back.
So one of our charts for Peoplenomics subscribers oughta be widely circulated - it shows that if you line up the peak of the Dow in January 2000 with the peak in early September of 1929, we're on a very very close replay track. Much closer than even the chart shows if you were to back out inflation, and put in the effects of 1929 deflation, but that'd be real work, and I'm sort of lazy if the truth be told.
No, it's not a perfect replay of 1929, but history doesn't repeat exactly, it only rhymes. So think of this as the rhymes and the crimes chart:
"George, that's only a coincidence!" your monkey-mind will protest.
Why sure it is...you bet. A 9½ year long coincidence...yessir....just a coincidence, I'm sure...
Write when you get rich,
George Ure, The People's Economist
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