Sunday, March 26, 2017

Is Bankruptcy For Illinois The Answer? | Zero Hedge

Is Bankruptcy For Illinois The Answer? | Zero Hedge

Should Buyer's Agents Attend Property Inspections?

Should Buyer's Agents Attend Property Inspections?

Release of Arctic Methane "May Be Apocalyptic," Study Warns

Dahr Jamail | Release of Arctic Methane "May Be Apocalyptic," Study Warns

A study published in the prestigious journal Nature in July 2013 confirmed what Shakhova had been warning us about for years: A 50-gigaton "burp" of methane from thawing Arctic permafrost beneath the East Siberian sea is highly possible.
Such a "burp" would be the equivalent of at least 1,000 gigatons of carbon dioxide. (For perspective, humans have released approximately 1,475 gigatons in total carbon dioxide since the year 1850.)
The UK's Met Office considers the 50-gigaton release "plausible," and in a paper on the subject added, "That may cause ∼12-times increase of modern atmospheric methane burden, with consequent catastrophic greenhouse warming."

Thursday, March 23, 2017

The Perfect Storm -- straight ahead

Did you see The Perfect Storm, George Clooney, Mark Wahlberg, the fetching Diane Lane?

We are approaching the convergence.....must read:

Go Ahead -- You Own It in [Market-Ticker]

...... the Federal Government spent $1,417 billion last fiscal year on Medicare and Medicaid, up from $380 billion in 1998, which incidentally was 37% of all federal spending last year -- and it's accelerating at ~8-9% a year as it has been for the last several decades (with some notable outlying years.)

At this rate it will cross $2,000 billion, or more than half (by a good margin) of the current federal budget within 5 years.  That will blow a $600 billion additional annual deficit hole in the budget into a rising rate environment which the government will not be able to finance.

Saturday, March 11, 2017

The Jew Who Changed Football Forever

The Jew Who Changed Football Forever - The Daily Beast

I grew up in Cleveland.  I was a high school QB.  I went to Ohio State.


I never heard of "Benny Friedman" and his legacy to football until today......what a remarkable story......

Our Age Of Folly

Our Age Of Folly -- Paul Craig Roberts -

.............(Author) Lapham spares no one, least of all his own class. As a young man Lapham was a member of the upper class and remains today a member of the Council on Foreign Relations. He could expect a career guaranteed by the preferments bestowed on his class. Returning from Cambridge University, he secured an interview with the CIA, looking forward to an exciting life as a spy serving the cause of freedom and democracy. 
In a passage that is perhaps the most amusing in the book, he describes boning up for the interview by “reading about Lenin’s train and Stalin’s prisons, the width of the Fulda Gap, the depth of the Black Sea. Instead of being asked about the treaties of Brest-Litovsk or the October Revolution, I was asked three questions bearing on my social qualifications for admission into what the young men at the far end of the table clearly regarded as the best fraternity on the campus of the free world.”
His fellow Yalies wanted proof of his upper class bonafides and relied on three questions that would reveal if Lapham were the real goods. Lapham had to answer the question, which club does one take from the golf bag when standing on the thirteenth tee at the National Golf Links in Southampton, followed by the question of the direction at dusk in late August of the prevailing wind on final approach under sail into Hay Harbor on Fishers Island, followed by “Does Muffy Hamilton wear a slip?”