Robert Kaplan’s article in the Atlantic concludes with this dire warning;
Defense policy will be increasingly geared toward protecting the homeland, even as globalization makes for a smaller, more intricately connected world. America, in the final analysis, will be better protected, even as its global reach wanes.
I am supposed to worry because… Maybe, . . . → Read More: Is America’s power shrinking? Who Cares?
I discussed in a previous article how the the economic system has become an entity unto itself, and how it needs to feed itself to keep alive. The irony is that it has no consciousness. It is a machine that we have made with our own hands, that has turned against us. Today, . . . → Read More: Man – The unwitting Zombie
Many economists have warned of continued unemployment — an economic indicator that always lags even as the economy rebounds and returns to growth.
With that in mind let’s again focus on what employment opportunities are out there. Particularly those positions that are likely to be recession proof.
For instance, many of Western New York’s . . . → Read More: More on Recession Proof Jobs
Tyler Durden of Zero Hedge has posted an analysis of SLV’s bar list by “Project Mayhem Research” (PMR for short) that concludes:
During our research into the inventory lists of the iShares SLV and London-based ETFS physical silver funds, we discovered multiple anomalies which cannot be easily dismissed. These included the presence of internal . . . → Read More: Multiple Anomalies Detected In Silver ETFs
In the U.S. today, approximately 360,000 people have brain cancer. In 2002, 40% of the 40,000 patients diagnosed with this disease died within one year. Brain tumors are the second leading cause of cancer-related deaths in children under the age of 20 as well as men under the age of 39. In women between . . . → Read More: Simple Blood Test May Soon Be Able to Diagnose Brain Tumors
Confidence among institutional investors rose sharply in July according to the State Street Index report released on Tuesday. Unlike other consumer and investor confidence surveys, the State Street Index measures institutional investor confidence by looking at actual levels of risk in their portfolios. This is not a subjective attitude survey. It measures confidence directly . . . → Read More: Investor Confidence Surges to Five Year High
New home sales added to our run of good news in the housing market on Monday. Sales jumped 11.0 percent in June to an annual rate of 384,000 and the highest rate this year — well above any economists’ estimates. In fact the month-to-month percentage change was the highest in nearly 9 years. But . . . → Read More: New Home Sales Jump; Supply Plummets; Prices Bouncing
“By the pricking of my thumbs, / Something wicked this way comes” is from Act 4, scene 1, lines 40-41 of the Bard’s Macbeth.
A year ago at Cambridge House when asked whether the economy was going to rebound I responded, “That light at the end of the tunnel is just the next train. Get . . . → Read More: The Coming Market Crash
I find it hard to take seriously the concept of a happy planet. Is Earth happier than Mars? How would we know? It seems to me that only sentient beings can be happy, but that might just reflect the limited perspective of a sentient being. For all I know a rock might have a . . . → Read More: What Makes a Planet Happy?
In June, President Obama signed the CARS Act. It makes $1 billion available for Americans that trade their fuel inefficient vehicles for brand new, greener ones.
Some dealerships have accepted cars in the program since July 1. However, most dealers were waiting for Friday in order to closely examine the program’s final guidelines released . . . → Read More: Cash for Clunkers Kicks New Car Sales into High Gear