lived through that.

Much more wind damage than anticipated. 
No dial tone.  No DSL.  No power.

Yes, we will need insurance, fire, flood, wind, disaster in general,  liability, theft,  all those things we don't think of as possibilities.  I would like to insure against the risk of riot or other public disorder.

Sooner is better.  As soon as you can is best.

Yes is my only possible answer to you.

 I will deal with your list in detail another time

In haste.

@24:00, 10/28/12

.



I did not do a press review for today or yesterday. 
I found only things of negative interest to me.

The British Press is all Savile all the time.
Rupert Murdoch should be on trial and News Corp. in receivership.
The Hurricane will come ashore when it is good and ready.
If it strikes where and when predicted we can wave good bye to Atlantic City.  New York will also be in deep trouble.

Obama will be re-elected and the Senate will be Democratic.  The new House will be the other problem. 
Our President will invoke his constitutional powers and pay the deficit. 
It will not matter to any but the then fatter bankers.

Krugman campaigns for rationality and Democratic government:
http://krugman.blogs.nytimes.com/2012/10/27/denial-of-economics/

http://krugman.blogs.nytimes.com/2012/10/28/more-financial-crisis-denialism/

http://krugman.blogs.nytimes.com/2012/10/28/the-war-on-objectivity/

http://fivethirtyeight.blogs.nytimes.com/   Nate Silver

http://core.talkingpointsmemo.com/election/scoreboard
I see that Florida and Virginia are slightly favoring Obama.

Greg Montoya can turn all the weird tricks he wants. 
I am sure he will find customers for his crib.
I want to do new things that are presold. 
Things the purchasers desire on introduction.

ADT - There are so very many things that are alarming. 
My belief is that I am as safe as any this week that are this near salt water.  The surge is forecast at a bit less than ten feet here. 
About one sixth of my elevation. 
There will be a great deal to clean up.  The storm will be relatively gentle. 
Much new and old construction will go.  Things will be different.

Credit is wonderful when not required. 
Depending on it is unrecoverable debt.
Social debt is a Japanese tradition. 
My binding is much looser.
Ultimately it is compelling.
Sooner is better.  As soon as you can is best.

This is . . . Life Changing     with an aura of hope.

Sooner is better.   As soon as you can is best.








      -------





























.

For 10/27/12

.

I will do the press review in the next post.

My main worry about hurricane Sandy is that it is not as well organized as it should be.  If after the fuss that is being made it turns out to be a dud the emergency preparation groups will not be excused. 
The situation is a cleft stick.  There is no such thing as partial alarm.
Lipa, the power authority, says seven to ten days without power.
I may have to borrow a generator.

There is general silence on developments on the Greek bailout loan.
There is no accepted or offered deal.  The conditions will not be met.
This is supposed to mean the next tranche will not issue.  There is reluctance to make an announcement.

Spain is in deep denial. 
Britain is living a lie.
Germany has the continental empire it has long desired.
France has been playing for power unsuccessfully.
Italy is diplomacy and nothing else.
Gold is high because it can be buried in the garden under the gas pipe.

Koise2010 has a new body.  
Not really possible but close enough will do.  You please me.

"Home assistance" would be nice.  When that time comes I will call my sister.  She should call my youngest brother to deal with the immediate duty.  That will give her a week or two for organization.  Between the four of them they can find a way.  At this point I am on about one third time but it is "on demand".  My time comes in short pieces.  If I am where I can be seen, tasks will be found.
sleep.















































.

@0:27, 10/29/12

.




I have one report that Greece will not receive the next tranche of the bailout funds.
I have no confirmation.

Obama's poll numbers continue to move in the proper direction.
295.4 Obama to 242.6 Romney  by 538, Nate Silver.

The smart phone business is in disorder.   Samsung ?

Hurricane Sandy is in the news.  The computer tracks are bunching.
The present NHC forecast brings it across South Jersey.


I have been nodding.

I would hope intended events are "life changing".
Sooner is better.   As soon as you can is best.

Obama will get a second term.

I know how I want to proceed.

Extended warranty is not available.  I am healthy.  I hope you are too.

I do not have a loan. 
If you intend to refi, talk to an accountant you trust with the contract in your hands.  Details are of paramount importance.

I have little use for alarm companies.
Jail breaking cell phones is now allowed.

I would very much like to know your schedule.
The sooner we start, the sooner we get to the next stage.
I would like to vote here.  I can possibly vote early.
I must summon a sibling to take over here.

I will not show without an invitation.



.

@2:10, 10/26/12 Press

.


Krugman:

"October 25, 2012, 9:58 am29 Comments

Triumph of the (Electoral) Nerds?

Nate Silver — whom everyone interested in this election should be reading — is bemused by Intrade, which is showing a much higher chance of a Romney victory than his analysis (and he’s actually less bullish on Obama than other quant sites, like Drew Linzer’s Votamatic).
You should probably also know that Nate is, predictably, being accused of deliberately skewing the numbers — no doubt as part of a grand conspiracy also involving the Bureau of Labor Statistics and Area 51.
If you’re new to this, there are two basic approaches to election analysis at this point. One is the campaign reporter style, full of impressionist reporting about who won the news cycle and who has “momentum”, whatever that means (politics ain’t beanbag, but it ain’t billiards either). The other is poll-based. And that mostly means state-level polls at this point: there are more of them, and we have an electoral-college system, not a popular-vote system.
The impressionistic style has been all about Romney on the rise, a narrative that is to a large part being fed by the Romney campaign itself. But the state-level polling doesn’t show it.
In fact, the state polls pretty much say that Obama would win if the election were held right now, taking Ohio, Wisconsin, and Iowa, and quite possibly Virginia. Florida is a dead heat, too. (See the Pollster map). Nor is there any sign of movement in Romney’s direction after his big post-first-debate bump.
So why is Intrade trending Romney? One possibility is that Romney supporters are trying to manipulate the results — as Nate points out, other markets and betting forums are much less Romney-friendly. Another is that Intrade traders actually buy the spin cycle.
Whatever is really going on, we’re now getting close to a showdown between styles of political analysis. By inclination, I of course trust the nerds. But we’ll soon see."

• China Blocks Web Access to Times After Article 12:25 AM ET

  section A - page 12

  By KEITH BRADSHER

"HONG KONG — The Chinese government swiftly blocked access Friday morning to the English-language and Chinese-language Web sites of The New York Times from computers in mainland China in response to the news organization’s decision to post an article in both languages describing wealth accumulated by the family of the country’s prime minister. The authorities were also blocking attempts to mention The Times or the prime minister, Wen Jiabao, in postings on Sina Weibo, an extremely popular mini-blogging service in China that resembles Twitter.

The Foreign Ministry spokesman on duty in Beijing early Friday morning did not immediately answer phone calls for comment.

China maintains the world’s most extensive and sophisticated system for Internet censorship, employing tens of thousands of people to monitor what is said, delete entries that contravene the country’s extensive and unpublished regulations and even write new entries that are favorable to the government.

Rebecca MacKinnon, a senior fellow specializing in Internet free expression and privacy issues at the New America Foundation, a nonpartisan group headquartered in Washington, said that the Chinese interruption of Internet access was typical of the response to information that offended leaders.

“This is what they do: they get mad, they block you,” she said.

The English-language and Chinese-language Web sites of The Times are hosted on servers outside mainland China.

A spokeswoman for The Times, Eileen Murphy, expressed disappointment that Internet access had been blocked and noted that the Chinese-language Web site had attracted “great interest” in China.

“We hope that full access is restored shortly, and we will ask the Chinese authorities to ensure that our readers in China can continue to enjoy New York Times journalism,” she said in a statement, adding, “We will continue to report and translate stories applying the same journalistic standards that are upheld across The New York Times.”

Former President Jiang Zemin of China ordered an end to blocking of The New York Times Web site after meeting with journalists from The Times in August 2001. The company’s Web sites, like those of most other foreign media organizations, have remained mostly free of blocking since then, with occasional, temporary exceptions.

By 7 a.m. Friday in China, access to both the English- and Chinese-language Web sites of The Times was blocked from all 31 cities in mainland China tested. The Times had posted the article in English at 4:34 p.m. on Thursday in New York (4:34 a.m. Friday in Beijing), and finished posting the article in Chinese three hours later after the translation of final edits to the English-language version.

Publication of the article about Mr. Wen and his family comes at a delicate time in Chinese politics, during a year in which factional rivalries and the personal lives of Chinese leaders have come into public view to a rare extent and drawn unprecedented international interest.

The Times’s statement called China “an increasingly open society, with increasingly sophisticated media,” adding, “The response to our site suggests that The Times can play an important role in the government’s efforts to raise the quality of journalism available to the Chinese people.”

The New York Times is not the first international organization to run into trouble with Chinese censors. Google decided to move its servers for the Chinese market in January 2010, to Hong Kong, a semiautonomous Chinese territory outside the country’s censorship firewalls, after the company was unable to reach an agreement with the Chinese authorities to allow unrestricted searches of the Internet.

Bloomberg published an article on June 29 describing wealth accumulated by the family of Vice President Xi Jinping, who is expected to become the country’s next top leader as general secretary of the Communist Party during the coming Party Congress.

Since then, Bloomberg’s operations have encountered a series of problems in mainland China, including the blocking of its Web site, which is in English."

http://www.nytimes.com/2012/10/26/opinion/krugman-pointing-toward-prosperity.html

"Mitt Romney has been barnstorming the country, telling voters that he has a five-point plan to restore prosperity. And some voters, alas, seem to believe what he’s saying. So President Obama has now responded with his own plan, a little blue booklet containing 27 policy proposals. How do these two plans stack up? Well, as I’ve said before, Mr. Romney’s “plan” is a sham. It’s a list of things he claims will happen, with no description of the policies he would follow to make those things happen. “We will cut the deficit and put America on track to a balanced budget,” he declares, but he refuses to specify which tax loopholes he would close to offset his $5 trillion in tax cuts.

Actually, if describing what you want to see happen without providing any specific policies to get us there constitutes a “plan,” I can easily come up with a one-point plan that trumps Mr. Romney any day. Here it is: Every American will have a good job with good wages. Also, a blissfully happy marriage. And a pony.

So Mr. Romney is faking it. His real plan seems to be to foster economic recovery through magic, inspiring business confidence through his personal awesomeness. But what about the man he wants to kick out of the White House?

Well, Mr. Obama’s booklet comes a lot closer to being an actual plan. Where Mr. Romney says he’ll achieve energy independence, never mind how, Mr. Obama calls for concrete steps like raising fuel efficiency standards. Mr. Romney says, “We will give our fellow citizens the skills they need,” but says nothing about how he’ll make that happen, pivoting instead to a veiled endorsement of school vouchers; Mr. Obama calls for specific things like a program to recruit math and science teachers and partnerships between businesses and community colleges.

So, is Mr. Obama offering an inspiring vision for economic recovery? No, he isn’t. His economic agenda is relatively small-bore — a bunch of modest if sensible proposals rather than a big push. More important, it’s aimed at the medium term, the economy of 2020, rather than at the clear and pressing problems of the present.

Put it this way: If you didn’t know what was actually going on in the U.S. economy, you’d think from reading the Obama plan that America was a place where workers with the right skills were in high demand, so that our big problem was that not enough people have those skills. And five or 10 years from now, America might actually look like that. Right now, however, we’re still living in a depressed economy offering poor prospects for almost everyone, including the highly educated.

Indeed, these have been really bad years for recent college graduates, who all too often can’t find anyone willing to make use of their hard-won skills that were expensive to attain. Unemployment and underemployment among recent graduates surged between 2007 and 2010, while far too many highly trained young people found themselves working in low-skill jobs. The job market for skilled workers, like that for Americans in general, is now gradually improving. But it’s still far from normal.

The point is that America is still suffering from an overall lack of demand, the result of the severe debt and financial crisis that broke out before Mr. Obama took office. In a better world, the president would be proposing bold short-term moves to move us rapidly back to full employment. But he isn’t.

O.K., we all understand why. Voters have been told over and over again that the 2009 stimulus didn’t work (actually it did, but it wasn’t big enough), and a few days before a national election is no time to try to change that big a false belief. So all that the administration feels able to offer are measures that would, one hopes, modestly accelerate the recovery already under way.

It’s disappointing, to be sure. But a slow job is better than a snow job. Mr. Obama may not be as bold as we’d like, but he isn’t actively misleading voters the way Mr. Romney is. Furthermore, if we ask what Mr. Romney would probably do in practice, including sharp cuts in programs that aid the less well-off and the imposition of hard-money orthodoxy on the Federal Reserve, it looks like a program that might well derail the recovery and send us back into recession.

And you should never forget the broader policy context. Mr. Obama may not have an exciting economic plan, but, if he is re-elected, he will get to implement a health reform that is the biggest improvement in America’s safety net since Medicare. Mr. Romney doesn’t have an economic plan at all, but he is determined not just to repeal Obamacare but to impose savage cuts in Medicaid. So never mind all those bullet points. Think instead about the 45 million Americans who either will or won’t receive essential health care, depending on who wins on Nov. 6."

Wednesday, October 24, 2012

Links 10/24/12

Cat recovering from NH barn fire has pig to thank Associated Press
This dung beetle’s air-conditioning unit is crap. No, really Discovery. Another Richard Smith anti-antidote.
FDA probes deaths linked to Monster Energy drinks Raw Story. The FDA lapse here is terrible. Caffeine is extremely toxic. We just happen to get highly diluted doses in coffee and tea.
Town’s Passion, Retired Doctor’s Concern New York Times. While we are on the subject of health risks….
Strip-Club Fees Aren’t Tax Exempt, N.Y. Top Court Rules Bloomberg. The fact that they had enough dough to take an appeal this far undermines the idea that they merited an arts exemption.
Lorca earthquake ’caused by groundwater extraction’ BBC
The Continuing Tragedy of L’Aquila Understanding Uncertainty (Richard Smith)
On Mexico City’s flat roofs, tiny gardens help feed families, provide an urban respite McClatchy (Lambert)
More on China’s PMI MacroBusiness
Is China Still a “Currency Manipulator”? Ed Donlon, EconoMonitor
Oldest Auschwitz survivor dies aged 108 AFP
Golden Dawn adopts the Nazi salute YouTube. Nikki: “At the end he says, as he gives the salute first with one arm then with both, “these are clean hands, these are not dirty hands”. (Note that the word I am translating as ‘dirty’ is also used for the stench of garbage.)”
Malaria returns to crisis-torn Greece Telegraph
Uruguay plans to legalise marijuana under state monopoly Guardian (furzy mouse)
The IMF and the End of Austerity Ann Pettifor, Huffington Post
HOW COLONEL GADDAFI AND THE WESTERN ESTABLISHMENT TOGETHER CREATED A PANTOMIME WORLD Adam Curtis, BBC
Mourdock: Rape Pregnancies ‘Something That God Intended to Happen’ TPM
Joe Klein’s sociopathic defense of drone killings of children Glenn Greenwald
Nine Things to Remember During the Iran Section of the Presidential Debate Tonight Wide Asleep (furzy mouse). Still useful even though clearly from yesterday.
Robert Waldmann: Romney Suffers from CEO Disease Brad DeLong
Japan Is Not A Good Example Of How Deflation Typically Plays Out Stoneleigh
Nightmare on Electric Vehicle Street OilPrice
Saturated Fat: McDonald’s to Revisit ‘Dollar Menu’; Reflections on Same Store Sales and Commercial Real Estate Michael Shedlock (furzy mouse)
Insight: Nevada struggles with dark side of Macau casinos’ growth Reuters (Richard Smith)
Hedge fund manager donates $100M to Central Park in largest gift ever New York Post. Debra C via e-mail:

So John Paulson, the man who made billions shorting RMBS’s that he chose to fail, is donating 100 million dollars to the Central Park Conservancy. For plutocrats, it’s a twofer or threefer. Underfund the public sphere, like funding for parks for everyone. So that they fall apart. Create a private entity like the Conservancy so that private persons can come to the rescue of the foundering public enterprise. Destroy the public sector through undertaxation and then have the private one ride to the rescue of the incompetent and inefficient public sector
They get lots of social kudos for doing “good” and also get to prove once more the utter uselessness of government and public ownership and control of public space.
In THIS case, though, how the donor got rich enough to give away $100,000,000 has a bloody trail that might be uncovered.
Because Paulson didn’t give 100 million dollars. The people and institutions he scammed with his scheme THEY gave 100 million dollars.

The Social Economics of Thorstein Veblen Michael Hudson, EH
Eurozone crisis as it happened: Greek leaders fail to agree on austerity package as markets slide Guardian and US results raise fresh fears for economy Financial Times. I had wanted to post on this. It’s feeling like we have finally hit an inflection point where faith in the ability of central banks in keeping economies and markets afloat is fading. And per this: Firms Don’t Share Consumer Optimism New York Times, retail is always the last to figure things out…
* * *

Read more at http://www.nakedcapitalism.com/2012/10/links-102412.html#pKAyyVowMA3oop40.99

Act on pledge to ease Irish debts, IMF urges EU

 

Europe must follow through on its pledge to ease Ireland's debt burden through direct recapilisation of its banks, or it risks leaving the country dependent on official financing, the International Monetary Fund said on Thursday.

25 Oct 2012

| 1 Comment

Debt crisis: as it happened - 25 October, 2012

 

The IMF has urged Europe to follow through on its pledge to ease Ireland's debt burden by directly recapitilising its banks, which could cut the country's debt by up to 15pc.

25 Oct 2012

| 203 Comments

In graphics: how Britain's economy has fared

Britain's double-dip recession is over, official data is expected to show today. We examine the impact of the Goverment's current austerity drive on jobs and growth, and take a closer look at the UK's stubborn recovery.

25 Oct 2012

| Comment

Bundesbank slashed London gold holdings in mystery move

 

Germany withdrew two thirds of its vast holdings of gold from Bank of England vaults shortly after the launch of the euro more than a decade ago, according to a confidential report by German auditors.

24 Oct 2012

| 654 Comments

http://robertreich.org/post/34302125733

If You Succumb to Cynicism, The Regressives Win it All

"Thursday, October 25, 2012

This is for those of you who consider yourself to be progressive but have given up on politics because it seems rotten to the core. You may prefer Obama to Romney but don’t think there’s a huge difference between the two, so you may not even vote.
Your cynicism is understandable. But cynicism is a self-fulfilling prophesy. If you succumb to it, the regressives who want to take this nation back to the 19th century win it all.
The Koch brothers, Karl Rove, the rabid Republican right, CEOs and Wall Street titans who want to entrench their privileges and tax advantages – all of them would like nothing better than for every progressive in America to throw in the towel.
Then America is entirely theirs.
The alternative to cynicism is to become more involved in politics. Help create a progressive force in this nation that grows into a movement that can’t be stopped.
We almost had it last year in the Occupy movement. We had the arguments and the energy. What we lacked was organization and discipline.
I’ve spent years in Washington and I know nothing good happens there unless good people outside Washington are organized and mobilized to put pressure on Washington to make it happen.
This isn’t new. In the election of 1936, a constituent approached FDR with a list of things she wanted him to do if reelected. “Ma’am,” he said, “I’d like to do all those things. But if I’m reelected, you must make me.”
We must make them.
I suggest a two-step plan.
Step one: Vote for Barack Obama for President and vote for every Democratic senator and representative in Congress. Get off your ass and make sure your friends and relatives do the same.
Step two: Starting Election Day, regardless of who’s elected, commit at least three hours every week to political organizing and mobilizing. Connect with other progressives in your city and state. Help find and recruit new progressive candidates to run against Republicans in swing states, and against conservative Democrats. Support the members of the progressive caucus in Congress. Raise money. Raise a ruckus.
Make it our goal to reverse Citizens United, even if it takes a constitutional amendment. And have public financing of elections (including requiring the media to provide free political advertising as part of their commitment to public service).
Also break up the biggest banks and resurrect the Glass-Steagall Act.
Put a 2 percent surtax on wealth in excess of $3 million. And a one-tenth of 1 percent transaction tax on every financial transaction. And restore top tax rates to what they were before Ronald Reagan became president.
Use half this revenue to pay down the national debt and half to make sure every American has a world-class education.
Put a tax on carbon, and use the revenues to reduce or replace payroll taxes.
Have a single-payer health-care system that delivers care at far less cost than our current balkonized and inefficient one.
And much else.
You say it can’t happen — the system is too rotten.
It won’t happen if you wallow in the comfort of your cynicism. But it will happen if you and others like you get fired up.
We’ve done it before.
I remember when progressives joined with African-Americans to get enacted the Civil Rights and Voting Rights Acts. I remember when progressives stopped the Vietnam War. When women finally got freedom of choice over their own bodies. When the Environmental Protection Act became law.
Who would have imagined two decades ago that America would elect an African-American as President of the United States? Who would have supposed gays and lesbians would begin to achieve equal marriage rights?
Of course we can take America back.
Stop complaining and start organizing.
And by all means, vote."

The World from Berlin 'Euro-Zone Plans to Fix Greece Have Failed'

SPIEGEL ONLINE - October 25, 2012 Greece says it has been granted an extra two years to meet austerity targets. The EU and IMF deny it. According to press reports, Athens needs an extra 20 billion euros in aid. It is difficult to determine exactly what might come next for the country, but commentators say it is clear that Europe is at a crossroads. more...

http://www.bbc.co.uk/news/business/market_data/overview/

Dow Jones 15 min delay value change % 13103.68 +26.34 +0.20 Top winner and loser Procter & Gamble Co. 70.07 +1.99 +2.92 Boeing Co. 71.54 -1.17 -1.61				Nasdaq 15 min delay value change % 2986.12 +4.42 +0.15 Top winner and loser Pss World Medical Inc. 28.57 +6.97 +32.27 Crocs Inc. 12.76 -3.43 -21.19				S&P 500 15 min delay value change % 1412.97 +4.22 +0.30 Top winner and loser Teradyne Inc. 14.73 +1.11 +8.15 Cliffs Natural Resources Inc. 38.20 -4.49 -10.52
BBC Global 30  value change % 6301.91 -7.04 -0.11 Market reports London Paris Frankfurt Wall Street Tokyo				FTSE 100 15 min delay value change % 5805.05 +0.27 +0.01 Top winner and loser Carnival 2505.00p +74.00 +3.04 Evraz 235.40p -14.90 -5.95				Dax 15 min delay value change % 7200.23 +7.38 +0.10 Top winner and loser Volkswagen AG 143.85 +3.50 +2.49 Daimler AG 36.79 -1.03 -2.72

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http://www.bbc.co.uk/news/business-20079104

"Spanish bank Santander has said its quarterly profits fell by more than 90% after taking provisions for bad property loans in its local market.

Net income fell to 100m euros (£81m) in the third quarter from 1.8bn euros in the same period last year, it said.
The bank also said that UK profit fell 21% to 337m euros in the three months.
So far this year Santander has set aside 3.5bn euros for provisions for property losses - a problem facing all Spanish banks.
The Spanish government has found itself in financial difficulty since the 2008 global financial crisis caused a big crash in the country's over-heated property market, and many fear that it will need a full bailout on top of the banking loan that has already been agreed.
Santander said that total problematic property assets amounted to 18.5bn euros.
"The bank's capacity to generate profit enables us to set aside hefty real estate provisions in Spain in 2012 and significantly increase non-performing loan coverage," Santander chairman Emilio Botin said.
Loans grew in emerging market such as Latin America and Poland and declined in economies that are "deleveraging" - that is, cutting down on debt - such as Spain and Portugal, the bank added.
Spain is struggling with a shrinking economy and 25% unemployment.
Spain's banks will need an injection of 59.3bn euros to survive a serious downturn, an independent audit recently calculated. However, Santander - along with six other banks - was found to have no need for extra capital.
The Spanish government is still hoping to avoid requesting a bailout from the eurozone rescue funds, but many think this is inevitable."



http://fivethirtyeight.blogs.nytimes.com/2012/10/25/oct-24-in-polls-romneys-momentum-seems-to-have-stopped/

243.9                          Romney

-2.5 since Oct. 18

294.1                          Obama

+2.5 since Oct. 18

Electoral Coledge






.