Recent comments

  • You need to cover some of the insider trading games over in the Democratic land. Pick a few, any few, there are so many there too.

    (Oh I wish it weren't so).

    Reply to: It must be nice to be in a rich Republican family   16 years 1 month ago
    EPer:
  • huh

    all so interesting and why does this bank name remind me of something from the 1980's?

    Reply to: The BailOut - and no, Not for You, Average Joe, Freddie & Fannie Seized   16 years 1 month ago
    EPer:
  • Ask the real academic credentials of the so-called economists.
    Example: make them show you how their ideas are historical, or scientific in the sense of empirically provable.

    To those of us schooled in classical or neo-classical economics,the Chicago School or the Economics of Cary Fiorina are absent credentials. Talk of Fiorina, Gramm, Chau is that of the the uneducated, despite the fraudulent credentials.

    Let them challenge us to debate, if they dare.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • You may have heard the history notion that you can find out where the next war will happen if you can draw the lines of flow of physical trade. flow of goods between states. Supposedly, this applies to major wars. but maybe neighborhood occupation. So not only is the fashionable theory false but fails to deal with so much obvious history, Such as, how could the Germans and Brits fight 2 major wor;d wars? Trade.

    Invasions of Mexico by the U.S? Trade flows. U.S. amd Japan? The U.S. was Japan's major supplier of oil until October of 1941 when FDR cut off all oil shipments to Japan just before Pearl Harbor. Consider how the Persian Empire was the major trading parter of Athens and Sparta before the Peerian Wars. Consider how big the trade was between Carthage and Rome. Got the Picture?

     

    Trade is the Proxy of War

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • Silver State Bank closed.

    The lender, the 11th bank to fail in the U.S. this year, was overexposed to risky real-estate loans, a problem that's vexing many banks amid the worst financial crisis in a generation. Silver State had nearly $2 billion in assets and 17 branches in Arizona and Nevada.

    OK. No big deal, right? Well, there is one small item that makes this a little interesting.
    It seems McCain's son sat on the board of directors of this bank.

    On the eve of President Bush's signing of the housing bill this week, which will regulate, as well as bail out, mortgage behemoth Fannie Mae and Freddie Mac, and create a $300 billion program to expand the Federal Housing Administration's capacity to guarantee mortgages, comes word that Andrew McCain, son of presumptive Republican nominee, John McCain, has resigned today from Silver State Bank's Board of Directors. The bank cites "personal reasons" for Mr. McCain's sudden departure

    Reply to: The BailOut - and no, Not for You, Average Joe, Freddie & Fannie Seized   16 years 1 month ago
    EPer:
  • In a dream of the afterlife, Aeneas (legendary founder of Ancient Rome in Aeneid, survivor of Trojan War) tells his sailors that many dreams are real and some are not real but meant to show us an alternate reality (consider string physics!).

    Alternate realities may be quite real but avoidable. Ancient Chinese always considered alternate realities.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • We have nightmares of Economic Armageddon.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • ...and in addition to the Friday late bombshell that Freddie and Fannie are going to be taken over by the Government, we have Government Highway funds out of money.

    Reply to: The BailOut - and no, Not for You, Average Joe, Freddie & Fannie Seized   16 years 1 month ago
    EPer:
  • Since the Cuban Missile Crisis, I have had nightmares of varying kinds, of being nuked, yet somehow surviving it.Has anyone else had nightmares of Armageddon?

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • We have high fructose corn syrup.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • In the 1930's the Nazis were sure to win. In the 50's 60's and 70s, the Commies. Now is a bit different with the decline of US Manufacturing. If we take it lightly, we are finished as a superpower, but we can grow truffles, and beg the indulgence of the ChiComs.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • Absolutely and China is by hook or by crook getting that advanced technology. Military espionage, industrial or our lovely bought and paid for representatives just plain hand it to them.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 1 month ago
    EPer:
  • looking ahead into the not too distant future - we have a country - china - that is rapidly gaining much of the ability to mass produce that we once had, and surely the technology will follow

    we may end up like the germans - a technology advantage we are unable to mass produce.

    And we are actively encouraging this loss of capacity, technology, infrastructure and therefore national security

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 2 months ago
    EPer:
  • I don't know if many of you caught this series on PBS not too long ago, but it covered much of the aspect of technological prowess.

    The conquistadors who were far outnumbered by the indiginous peoples whose armies numbered in the scores of thousands, but were largely unarmed - it was the eurpeans with their manufacturing and technological edge that dominated.

    The Germans in both Wars had the technological edge in most weaponry - planes, tanks, submarines so forth, but lacked the resources and capacities to mass produce, unlike the US who had slightly less advanced machinery but did have the capacity to mass produce - it became a game of numbers and attrition

    This oversimplifies these things I know, but technology and ability to produce that technology give one a clear advantage

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 2 months ago
    EPer:
  • Both Canidates will increase H-1B Neither will help the middle class! I still think McCaine is worse though. Due to he votes the same way Bush does. Obama is still paid for and won't do much. But at least with him it may get better. Just in case I am voting Independent. My way of saying anyone else want to make a real change. 2 party system is not working very well anymore

    Reply to: Bad News For Techies - Both Presidential Candidates Will Screw You   16 years 2 months ago
    EPer:
  • The greater part of defense capacity and readiness is manufacturing capacity, so says history. To be accurate, there have been awesome military machines without any capacity to manufacture. The examples are the North American Apaches, the Mongols of Genghis Khan and to a smaller extent the Vikings. Apaches warriors could capture weapons and transport with nothing more than a knife. The text of Ghengis Khan "Riders on Horseback" tells how to be marauders and capture weapons in conquest and use the captured weapons. Vikings could get all but ships from conquest. But Vikings needed ships.

    The thesis that emerges from history is that settled nations who do cannot manufacture or will not manufacture (Spain, US, and British Empires) cannot defend themselves effectively. So when the Libertarians whisper in your ear the Siren's Song that loss of manufacturing capacity does not matter, there is a huge a number of graveyards of empires the Libertarians ignore. Manufacturing might and defemse, closely track each other.

    Consider the Spanish Empire from the naval assault on Britain in 1588 with several hundred ships to the time of the Spanish American War. In that time, Spain endured the Sieglo de Oro. Endless gold was imported from the New World.
    Spain forgot about manufacturing and then defense. Inflation ensued in the 1600s, the domestic economy declined and the Spanish empire gradually withered.

    In 1870, U.S. manufacturing output exceeded that of Britain.
    That is not about bragging because in WWI then the Second World War, we had to supply the Battle of Britain to make sure Britain survived the onslaught of the Luftwaffe, turn around the War, and make the Invasion of Normandy possible.
    The supply of the Battle of Britain and Aircraft to the U.S.S.R. resulted in an increase of GDP from $50 Billion in 1939 to $200 Billion in 1942. All with U.S. Treasuries and War Bonds (later).

    But there is one more historical comparison that is to the point of the U.S. Economy and the Iraq War. Ancient Rome was invaded 5 times: twice by the Carthaginians, once by the Spartacists, once by the Goths, and once by the Huns. All but the last is relevant to our history. In the first 3 invasions of Rome, the Roman Republic had a strong domestic economy capable of making the armaments of the Roman Legions. In the 4th Century, Goths were allowed to settle on the Danube, because of friendship and compassion by the Empire. In a short period of time, Goths poured across the Danube and attacked Italy. But unlike the Invasion by the Carthaginians, the domestic Economy could not mount an offensive with the arms manufacture or field Legions. Arms manufacture and defense were both outsourced to the rest of the Empire through taxation and alliances and decline.

    The similarity of Rome, the other once superpower and once republic is relevant to our once Republic (prior to 2001),
    and present Empire and superpower. Romans could not move back the Legions from Germany to Italy quickly enough.

    In Iraq, our troops lacked bullets and had to import them through the supply chain. With up-armoring of vehicles, lack of capacity was the same manufacturing story. Again this year, there was a motion to outsource C130 airlift capacity to EADS. Notice the same story as the Romans: inability to move troops back home to defend Rome, outsourcing of defense manufacturing and inability to move troops. And the River in the U.S in question? Rio Grande.
    The Goths? The Cartel and the whole invasion.

    You can be sure the 2 corporate candidates do no get this.

    Reply to: Manufacturing Monday: Gustave's effect on energy & manufacturers   16 years 2 months ago
    EPer:
  • America's government is giving people false sense that the politicians are actually going to do much about what is going on. In IT jobs are getting bad. Companies mostly want 20 somethings that live with their parents. Low pay that is just enough for workers to live with their parents and own a car. Then companies wonder why things like Netflix major breakdown happen. Gee do you think that happened due to experienced tech work? A coworker with little experience said to me when I was telling him why I was being careful with data said to me "What happened to you that you are so careful."

    I did some work for an account where the Indians did not know what was wrong with their network. They assumed it was the router that my company was contracted to fix. Took a couple of trips to walk them through what was really wrong.

    Now I am thinking about a change in career. wondering what I can do that won't be so attacked. Thinking something that I can do as a small company myself. Since IT is always going to have the low ball people doing the work. Is there anything? Use your IT smarts and become self employed! While Indians screw up the systems etc. Someone will need to undo the damage. Unions are being destroyed. Working conditions are being work hard for little money. Might as well do it for yourself. The American Government will not help it. I don't even count on ever seeing heath care for everyone no matter who is president. Corporations have taken over the government. Life will not be the same look at life in the last depression to see where we are headed. This time banks may still be around, but jobs won't be. I hope things won't be as bad as I think they will.

    Reply to: TechiesTargeted - Twice as likely to lose Jobs by Outsourcing   16 years 2 months ago
    EPer:
  • a Labor Union should be able to. Individuals wishing not to be associated with a Labor Union should have the right to decline

    Reply to: Do You Want Professionals in Technically Related, Scientific and Engineering Careers to Form a Union?   16 years 2 months ago
    EPer:
  • CIO Magazine is asking the question on a union for techies also.

    NoSlaves.com blog also is asking the same thing.

    Reply to: Do You Want Professionals in Technically Related, Scientific and Engineering Careers to Form a Union?   16 years 2 months ago
    EPer:
  • This group needs to organize as much as any other. H-1b has had a negative impact that has ruined the careers of almost all older workers. Salary depression is most severe in this area. LCA database proves this with cold hard numbers.

    Reply to: Do You Want Professionals in Technically Related, Scientific and Engineering Careers to Form a Union?   16 years 2 months ago
    EPer:

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