Solar Superstorm

Solar Superstorm: "Solar Superstorm"  Click link for full story at NASA site.

  This is part of an article on NASAs website and there is a reason I link to it.  Will talk more about this over the next few days.  Thanks for having a look.

Scientists are beginning to understand a historic solar storm in 1859. One day, they say, it could happen again.

Old Myths Pop up AGAIN

I was on one of my old military unit pages and someone put a link to a youtube video of the little girl badly burned in a napalm attack back in '72.  I made the mistake of reading some of the comments.  The world has no shortage of Idiots and Communist.

The little girl, Kim Phuc survived and moved to Canada where she has married and has children.  She also is a cottage industry herself with speaking and appearances all over the place.  She even has a high powered manager.  Anyway,  it was at the dedication of the Vietnam Memorial in D.C. Kim was a guest speaker.  I never have figured out exactly why but I guess it makes for a nice story.  In Kim's speech, she makes the comment that "I forgive the pilot who dropped the bomb" and this guy says "I am that man"  What a story.

Now for a little background on this incident.  The South Vietnamese Army was conducting a search and destroy in the area and the South Vietnamese Air Force sent in some A1E or AD Skyraiders to bomb a target in the village Kim Phuc was in.. Apparently there was some miscommunication as to the exact target for the napalm and at least one load of canisters were dropped on the building the children and adults were hunkered down in.

What the Hell is a Malinvestment?

We all have heard the term and I have even used the term in various places.  But what exactly is it?  Well I did my usual type in the word followed by "def" and let Goggle give me some choices for definitions.  So, I clicked on Webster’s dictionary and got this. 

WTF ……..  It seems that I will have to sign up for the “Premium” service to get the definition.  I had no idea

New Page Added

Above you will see a line with Home, Stock Market and Required Viewing.  These are navigation buttons to take you to other pages in this blog.  Just click on either the see the rest of the material.

Bad News if you are in the Construction Business

The chart below depicts the anticipated change in jobs in the construction business projected for the year 2010. I used this chart because building may be on of the indicators that will show true recovery.  Click here to go to the web site for the full interactive chart.  You can select any sector or state.  I have bookmarked this for future reference, pretty neat setup.

This bubble was in the housing sector and there is and will remain plenty of inventory on the market for years to come in my opinion.  Foreclosures may slow but there are still many re-sets on variable rate notes upcoming.  In addition there is still noise in the commercial sector.

It is my opinion also that the key to our recovery can be found in household spending.  This whole cycle is like a cancer eating the economy from the inside now and government throwing money into these stimulus programs is far to little and simply a waste which will only prolong the situation and further burden future generations.

I notice as I go about daily life that places are thin in customers, but the 30 somethings are still going on as nothing has happened.  I have been making notes on places I go and conditions I see just for my own curiosity.  Places like the grocery, Home Depot and Walmart etc. The depth of unemployment and underemployment when considered together seems to me to be more severe than government numbers indicate.  At least here in Nevada the construction industry which once drove the economy is in a poor state.

The Strange Mystery of the gold at Victorio Peak

I have spoken of Yamashita’s gold before.  Here is another “Legend” concerning gold and mystery.  It is the gold stash supposed to have been found by “Doc” Noss and his wife Ova around 1937.  Rumor has it that Lyndon Johnson just may have acquired the Very old stash of Spanish gold.  Lots of gold stories out there 

 This really makes you wonder about just how much gold is out there that very few are aware of.  One man says he saw over 18,000 bars of gold inside the mountain.  That's a pile of gold.  Where did it go? 

Click here for the story 

Teachers in trouble after honoring O.J. Simpson, Dennis Rodman and RuPaul for Black History Month

Teachers in trouble after honoring O.J. Simpson, Dennis Rodman and RuPaul for Black History Month: "LOS ANGELES - Three Los Angeles elementary school teachers accused of giving children portraits of O.J. Simpson, Dennis Rodman and RuPaul to carry in a Black History Month parade have been removed from their classrooms, a school district spokeswoman said Wednesday."

I hate to see Black History month come to an end.

So your 8 year old comes home from school carrying a poster of OJ, You go"Pablo, why do you have that picture of Oh Jay Simpson"?

Three white male teachers in a school which is 90% Latino celebrating Black History month. Sounds like fun to me.

These three guys got some 'splaining to do.  Hey, they made a statement. What are they going to do about it?. Not give them their IOUs at the end of the month.   These three jewels above are certainly part of "black history" but why should a "history month" of any group be all the "good stuff" but none of the other "inconvenient truths"?  This did happen in California after all, it's likely the three teachers figure they are working for state IOUs and there is no 'Homo History Month" so may as well get a grin out of it.  Geeeezzzz.  

Greek Government has its Tits in a wringer

Greece is an example of what we may see here in the U.S. soon, so all those who are contemplating retirement or already retired may get some tips from this video.

These elderly folks are not your typical radical types you normally see stirring up trouble over the run of the mill protester but the core of the country.  They are the people who have expended their working lives paying into a system not unlike our here in the US and are now being thrown under the bus.

A government, any government will sacrifice anything to insure it’s survival and that includes the citizens pensions.  The Prime minister says they were difficult decisions but necessary.  So they go to the only source or option by raising taxes and cutting pensions.  Say, that can’t happen here can it? 

Jamie Dimon, chairman of JP Morgan Chase, has warned American investors should be more worried about the risk of default of the state of California than of Greece's current debt woes.

California's state controller says they may again issue IOUs as they run out of money yet again. 

Pay attention to the local governments as this economic mess continues to gather steam.  Illusions painted by government numbers may put the crowds at ease for a time but the REAL state of the economy will manifest itself at the local level as cities and states feel the pinch from the unemployment.