Twitter: @wuhlax
Wednesday 31 August 2011
How e-bikes got sexy | Peter Walker | Environment | guardian.co.uk
The electric bike, now that's a winner!
http://www.guardian.co.uk/environment/bike-blog/2011/aug/31/cycling-haibike-electric-bike
Twitter: @wuhlax
Tuesday 30 August 2011
Linden Street Figure Drawing (Emeryville, CA) - Meetup
Community devoted to drawing the figure in Linden.
http://www.meetup.com/Linden-Street-Figure-Drawing/
Twitter: @wuhlax
Nyack Sketch Log: Wet and Wild Rogue Elephants | Nyack News and Views
Small town musings!
http://www.nyacknewsandviews.com/2011/08/bb_wetandwildelephants/
Twitter: @wuhlax
Monday 29 August 2011
UN warns of mutant strain of bird flu virus - Asia-Pacific - Al Jazeera English
Again, the world will have to deal with the possibility of a major virus outbreak, and this time originating from Vietnam so FAO reports. It's the bird or avian H5N1 variety, the most deadly!
http://english.aljazeera.net/news/asia-pacific/2011/08/2011829165436251177.html
Twitter: @wuhlax
Top Banks Confront Leaner Future by Cutting Jobs - NYTimes.com
Banks became irresponsible businesses by not assuming responsibility for their actions. They embraced gambling and many are simply fronts for organized crime and money laundering operations.
The efforts of government and banks in the building of a country housing bubble, a gambling casino for property, shows how stupid and irresponsible this genertion of young American so called educated bankers were despite the lessons of the Texas bailouts of the 1980s, and possibly they realized that they would be bailed out as this habit of bailing out and gambling in housing and construction sectors persists even to today!
It's thecwidespread prevalence of socially sick and addictive processes such as gambling and fighting that make areas of America so inhospitable today!
Twitter: @wuhlax
Prevent and Reverse Heart Disease
Such a diet may be sufficient, though not absolutely necessary. Question of which steps are safe when moving away from what is sufficient.
Avoid:
Meat
Dairy
Oils
Food with mothers and faces
Emulate Steven Jobs and Bill Clinton to name two!
http://www.heartattackproof.com/
Twitter: @wuhlax
Sunday 28 August 2011
GDP Is a Lie – It’s Time for a New Measure of Economic Growth - Money Morning
This is another claim that statistics lie. Money Morning in my view needs to go back to economics class.
I have a hard time keeping a straight face when reading the rubbish that money morning includes in this blog piece. It sounds convincing, but is really very far off the mark.
The author in money morning wrongly claims that GDP as measured wrongly values growth. By choosing another measure, he claims to remove or reduce a bias. The logic is very short term, but even then is silly!
The problem is associated with the valuation of the government sector at cost rather than a market value. Putting a market value on government spending would certainly alter the growth numbers, but the valuation if long term might be excessively high given that government spending often begins growth.
Should the private sector spend during this gestation and invention research period, it would lose money heavily so the private sector, eg pharmaceuticals, who rely on university and government subsidized research, does nothing but wait around for the basic research and the unprofitable costs to be covered by government.
For example, if the private sector spent money on welfare it would loose profit or income, but the poor person would continue living and add to a country's costs. Eventually the poor person who is educated might contribute to society and part of the income would need to be ascribed to the welfare provided by the private sector. Since firms don't do welfare much, nor even sustain pensions, the market valuation of growth by the private sector is markedly exaggerated.
This is only the tip of the ice berg for the lack of growth that would follow a shut down of government. There would be so little shared research that few firms would compete and negative grow might actually follow. Th Marxist prediction of zero profit would most certainly follow because without invention and sharing of information nothing new would happen. The autos would be like Russian Soviet era cars without design. Since the government supports the R and D of the military sector, the leadership of hat sector would be lost and the private sector would get even less of spin offs such as new materials and things like lasers. We would not see iPads.
But, there is no ideal method for valuing growth. The present GDP exaggerates the contribution of the private sector while understating that of the government sector. The system of measurement proposed by the writer for Money Morning below would exaggerate the growth contribution of the private sector beyond belief!
Read, and then give your view!
http://moneymorning.com/2011/08/23/gdp-lie-time-for-new-measure-of-economic-growth/
Twitter: @wuhlax
Saturday 27 August 2011
Friday 26 August 2011
Sand and Singapore | ASEAN Beat
Strange but true!
http://the-diplomat.com/asean-beat/2011/08/26/sand-and-singapore/
Twitter: @wuhlax
“Nanopower” Shoes Could Generate 20W Of Electricity During Walking - The Washington Post
This might be a good thing and if you walked up or down hill their might be a dividend!
Twitter: @wuhlax
Thursday 25 August 2011
Wednesday 24 August 2011
Tuesday 23 August 2011
Monday 22 August 2011
The Vocabulary on My Autocorrector is Rubbish
I am the first to admit that when using the iPad I make a whole lot of spelling mistakes. I don't make many word mistakes. They are made by the autocorrecting software built into the iPad. The dictionary really needs to be upgraded for me. Am I so bright or have a better vocabulary than the dictionary! Others would say not, but I wonder?
Twitter: @wuhlax
Blair speaks out on what caused British riots and how to deal with them. To one economist, Arthur Lake, very wrong!
Tony Blair take the position that the London riots are a highly specific problem seeking a highly specific solution! This is not about moral decay either so I think Cameron is just as wrong!
We are all mystified by the call to violence that a police action judged inequitous/unjust brought about. Perhaps, the response has a lot to do with the stimulus, which is an assessment by people that their economic situation is unjust. This is very real. If enough people believe this, such as students who had aspirations for education but who were disappointed with costs, they would riot if the correct stimulus were applied.
The Bubble of Education Costs:
Today we have levered inflation of the education sector which is another balloon about to explode world wide. Why in hell can't people be educated out of libraries and the comfort of their own homes. Or why can't Apple iPad schools not be educating students at 1/100 the cistern of universities. It's a bubble waiting to burst big time. If Bill Gates can succeed, so can almost anybody using an iPad and information on the Internet. Truly employers better get used to self educated people because they will put them out of business if not employed. Demand a certificated and bleed your company's profits away. Self education is the wedge that will burst the present bubble of education costs.
Multiple reasons:
I think the riots may have been due to more than one stimulus and require solutions at many levels of social administration not just specifics. The disconnect between people's aspirations and what was and is being experienced is primarily an economic disconnect. There is most definitely an injustice associated with the life experience of home ownership and job ownership, both related to employment.
While the house price inflations of 2000-2010 were not as bad as the inflation of Germany in the mid twenties, the effect cannot be underestimated, nor can the sense of misery associated with unemployment that also characterised the mid 1920s. Then, the world experienced riots between struggling labour and established employed. Marxism fought fascism, and fascism won some places while Marxism won others.
Project forward these issues that damaged societies in Europe and you have a profound sense of injustice. Sure English and German society were prosperous, but the under society were not. The liberal party all but disappeared in Britain, while in Germany the upper class lost it's legitimacy as did those Jewish families that ventured from the flight to gold and the appreciation in property values.
Recognise that the real issue was not the absence of property which led to the calls for lebensraum, but the absence of a just way for those in the under economy to acquire property at a price they could afford.
Britain's pressure pot riots have a general solution, but they require thinking outside of the normal boxes of specifics and generalities. The main issue was the use of the property market to create growth, but the rise in prices occurred too rapidly and was overtaken by speculation, divorces, two income families, and leveraged borrowing.
The Disconnect Between Property Acquisition and Incomes:
Let's get real economic growth is measured in terms of houses and cars. Much of it is due to inward migration.
There has been mostly crappy growth in Europe. Ugly cities with pollution are not growth, just more crap. American growth has been population driven and products have been crappy junk from China disguised as production but really retailing.
Incomes could not pay for housing and widespread demand went unsatisfied. In America, house prices don't rise because there is so much land or lebensraum, but there property prices went through the roof.
Using property for growth and employment still is seen in America and Britain as a viable economic policy despite the absence of jobs with incomes outside the housing industry to pay for the magnificent properties being built.
Lord Keynes would have said the real problem was effective demand, and an absence of real jobs. He would have focused on total demand just as the economists of Obama and Blair do/did! They would only get part of the picture!
Schumpeter at Harvard would have said the old industries need to die first to make way for new. Microsoft has to die to make way for Apple. That's what the stock Market is all about. It's as much about growing companies as killing them off. Too much leveraging allows the walking dead compaies to survive and a capitalist economy becomes clogged up. The toilet won't flush out the crappy companies to make way for good stuff.
Pricing Education High is Inflation and is as bad as a leveraged housing Market!
It's utter stupid inflation Mr Cameron! You need to see that addiction to leveraged housing market has been replaced by a leveraged education Market. Both have squeezed out those at the lower ends of the income streams.
So my solution as an economist is to recognise that Schumpeter was right and Keynes was right, but that neither are understood because the present lists of economists have crap understanding about leveraged growth. How do I know? I just read and look at TV, and watch the riots!
Un-leverage all the markets that are sodomy in disguise:
Housing and construction
Corporate takeovers
Education
Bailouts for walking dead companies
Inward migration
MPs expenses
Obsolete technology
Do the HP thing and recognise the tough choices!
Email me: wuhlax@gmail.com
Twitter: @wuhlax
Brick Bodies/Lynne Brick's - Baltimore, MD - Build Your Body With Brick!
http://www.brickbodies.com/
Comparable on London England - See Howard Malin entries here:
http://www.thisislondon.co.uk/news/article-938132-eton-boys-take-over-the-town.do
http://www.longshotltd.com/Press.aspx
Twitter: @wuhlax
Sunday 21 August 2011
Tornado in Goderich Ontario
 LEVONews (@LEVONews)21/08/2011 11:34 PM One dead, 37 injured after tornado hits #Goderich, Ontario http://t.co/BgXRfkX |
Twitter: @wuhlax
Goderich Tornado
 Dan Hayward (@danielhayward)21/08/2011 11:04 PM One person dead, number of injuries unknown, many buildings damaged by tornado in Goderich ON. http://t.co/qqHkjY0 Praying. |
Twitter: @wuhlax
Saturday 20 August 2011
Wind Power | Wind Turbines |Alternative Energy | Used Wind Turbines For Sale | Global Wind Turbine Brokers
For the back garden!
http://www.mywindpowersystem.com/
Twitter: @wuhlax
Friday 19 August 2011
Tuesday 16 August 2011
Monday 15 August 2011
Why Inflation is Our Biggest Looming Problem!
This video is a must view! It's long but spot on.... Do not ignore the possibility of serious structural adjustment ahead!....
http://w3.newsmax.com/a/aftershockb/video.cfm?s=al&promo_code=CD59-1
Twitter: @wuhlax
Digital arts charity to close after losing out on Arts Council funding - Civil Society - Governance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits
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