A serial accumulation of memory, incident, consideration, reconsideration, personal discovery and attempts at truth.
It is intended for my attention and that of other interested persons
If that changes, I will extensively re-edit.
Warning:
I attempt to use inductive logic.
As a biennial summit meeting begins Friday in northern Canada, the
council’s mission is being strained by the broad deterioration of
relations with Russia.
International Relations
Russia has been behaving badly.
It is anticipated that they will not change.
With its lopsided pockets of supply and demand and decline in
agriculture jobs, China’s huge manufacturing sector is showing new signs
of stress.
Labor and Jobs; Economic Conditions and Trends
One entity's spending is the income of another entity.
This is the paradox of thrift.
http://krugman.blogs.nytimes.com/?s=paradox+of+thrift
27 hits
http://krugman.blogs.nytimes.com/2015/04/19/crowding-in-and-the-paradox-of-thrift/
. . . "The other view is that business investment is weak because the economy
is weak. Specifically, it is that the effects of household deleveraging
and fiscal consolidation have produced slow growth, which has reduced
the incentive to add capacity – the “accelerator” effect – leading to
low investment that further reduces growth."
Sheldon Silver, the former Assembly speaker, is accused of abusing
his office in order to obtain nearly $4 million in illicit payments
through two law firms.
Corruption (Institutional)
This is not a new development.
The prosecutors must prove that Sheldon Silver committed criminal acts.
Chef David Viana’s interesting combinations of sweet, savory and spicy lift even mundane dishes like chicken breast.
Restaurants; Chefs
I would rather cook than travel for restaurants.
I will always try an unfamiliar dish either at home or away.
The choice is yours.
Sooner is better. As soon as you can is best.
Prime Minister Matteo Renzi of Italy addressed the lower house of
Parliament on Wednesday in Rome and said the European Union must change
its path to tackle the migrant crisis in the Mediterranean.
Immigration and Emigration; Legislatures and Parliaments
There is no solution for refugees at borders.
In the eyes of the refugee the probability of death during travel is better than remaining in the place that had been home. If the world would stop the flow of refugees their home places must be made preferable to a search for a new home.
The problem must go to the U.N. General Assembly.
I see no resolution that does not impose peace on the disturbed areas.
That has been done by killing those who seek change.
Walking; Chinese Food (Cuisine); Immigration and Emigration
Francis Lam writes an essay on home.
I would like to learn where my next one will be.
The choice is yours.
Sooner is better. As soon as you can is best.
Carroll Gardens, Brooklyn, is the focus of the next video in our new monthly series, “Block by Block.”
Real Estate and Housing (Residential)
I would not be comfortable there.
I want my own floor and ceiling, more outdoor space and easy access to an industrial space.
I want to be able to be dirty, clean, loud, smelly, wet and hot at any time of the day.
I do not want to eat, relax or sleep with my work in progress.
Declan Kearney, an Alexander Wang alumnus, says he will bring a new edge (and product lines) to the brand.
Fashion and Apparel
Working on the project.
First the cloths must sell.
Operations that are not self supporting are by definition not sustainable.
The market may consist of wealthy people doing good though it is better to have more purchasers.
It is best to look beautiful by doing "good".
Two advances in tests for the genes that carry an added risk of
breast cancer promise to make the process less expensive and more
precise.
Breast Cancer; Genetics and Heredity; Tests (Medical)
It is mostly whining.
These tests will not increase the number of the "worried well".
If the people are not worried they will not be tested.
The cost of an email is near zero.
If the test is positive the person gets a second opinion.
If the test is indeterminant one could get a second opinion. and / or add to a list to be notified of further developments.
A negative test should comfort the worried and possibly relieve their anxiety.
If the costs are met out of pocket there is no need for the "Healthcare" bureaucracy.
The New York Civil Liberties Union filed suit on behalf of six
refugees in the Utica City district. Law enforcement agencies have
pressed New York schools for months to ease enrollment for immigrants.
Education (K-12); Refugees and Displaced Persons
This is a situation where good intentions are not enough.
The refugee centers and school boards are going to have to work.
Immersion teaches language quickly.
Perhaps if the definition of language is extended to include civil culture the refugees
can get enough education by the mandated age limit.
There is a continuing argument in Albany about the extent of the promised free public education. Some contend it ends with the eighth grade.
Initial claims for state unemployment benefits increased 1,000 to a
seasonally adjusted 295,000 for the week ended April 18, the Labor
Department said.
"Simon Wren-Lewis continues his voice in the wilderness campaign against British economic myths, focusing on claims that Labour was fiscally profligate. Needless to say, I agree, and would like to enlarge on his points.
The simple fact is
that Britain was not running big deficits on the eve of the financial
crisis, and that public debt wasn’t high by historical standards. So how
does that record get turned into a claim of wildly irresponsible
budgeting? As Wren-Lewis says, there are really two levels to this
diversion. First, there’s the highly questionable reinterpretation of
past GDP data; second, there’s the implicit proposition that governments
in the past should have based fiscal policy on information (or actually
“information”) that didn’t exist at the time.
On the first point:
these days official estimates say that Britain, although it had a modest
actual deficit in 2006-2007, had a large “structural” deficit. How so?
Well, these estimates are now based on estimates of potential output,
which purport to show that the British economy in 2006-7 was hugely
overheated and operating far above sustainable levels.
But nothing one saw at
the time was consistent with this view. In particular, there was no
sign of inflationary overheating. So why do the usual suspects claim
that Britain had a large positive output gap?
The answer is that the
statistical techniques used by most of the players here automatically
reinterpret any prolonged slump as a slowdown in the growth of potential
output — and because they also smooth out potential output, the
supposed fall in current potential propagates back into the past, making
it seem as if the pre-crisis economy was wildly overheated.
As an extreme example, consider Greece. Here’s the IMF estimate of Greece’s output gap before the storm:
Photo
Credit
Does anyone really
believe that Greece was operating 10 percent — 10 percent! — above
capacity in 2007-8? This is just a smoothing algorithm producing
nonsense results in the face of economic catastrophe.
And this backward
propagation of economic disaster also leads, automatically, to the
appearance of past fiscal profligacy. Consider the case of Ireland. Back
in 2006 George Osborne praised the country
as a “shining example” of “wise economic policy-making”, and especially
praised the country’s fiscal prudence. Today, backward-looking
estimates say that Ireland was fiscally irresponsible all along:
Photo
Credit
Even if you believe
these estimates (which you shouldn’t), it’s unfair to criticize the
Irish government of the time for fiscal profligacy. They believed that
they were acting responsibly, and all the best people were praising them
for it.
So were Blair and
Brown irresponsible? No, not at all. True, if they had known the crisis
was coming they would probably have tried to pay down debt during the
good years. But they didn’t know that, and in any case it’s hard to
imagine that it would have made any significant difference. Claiming
that there was a major failure of fiscal prudence isn’t even 20-20
hindsight, it’s hindsight with a severe case of astigmatism."
The two leaders met for about half an hour, about half the
customary time for such diplomatic sessions, on the sidelines of a
summit meeting in Indonesia.
The anti-testing movement is targeting districts that require
students not taking the exams to remain quietly in their classrooms and,
as opt-out advocates have labeled it, “sit and stare.”
In a video message on Monday, Paul Kruse, Blue Bell’s chief
executive and president, apologized for recalling products on the market
after two samples of ice cream tested positive for listeria.
Ice Cream and Frozen Desserts; Food Contamination and Poisoning
"“We’re committed to doing the 100 percent right thing, and the best way
to do that is to take all of our products off the market until we can be
confident that they are all safe,” Mr. Kruse said in a news release."
The proceeding on charges including membership in a criminal
organization and murder will decide the fate of the third-largest party
in the Parliament.
As the climate changes and populations grow, resource managers and
environmental advocates warn that scarcity of either water or power
could mean shortages and rising costs of both.
Hydroelectric Power; Water; Drought
Get the numbers right.
https://en.wikipedia.org/wiki/Acre-foot
≈ 325,8513⁄7 U.S. gal or
≈ 325,853.383688 U.S. gal
https://en.wikipedia.org/wiki/Horsepower
"The mechanical horsepower, also known as imperial horsepower, of exactly 550 foot-pounds per second is approximately equivalent to 745.7 watts."
550/745.7 = .7376 ftlb/sec per watt or1.356 watt seconds/foot pound
about 2,655,360 ft.lb. per kilowatt hour or 331,920 gallon feet per kilowatt hour.
The university, working with the online course provider edX, will
begin a low-cost program that will be available worldwide with no
admissions process and full credit.
Ocean waves seem a promising source of renewable energy but remain
largely experimental, though companies have developed various designs
over the last two decades.
The penalties BP will have to pay in restoration may finally give
the Gulf of Mexico’s fragile ecosystem the long-term care it needs.
Gulf of Mexico Oil Spill (2010); Editorials; Offshore Drilling and Exploration; Oil Spills
"Another benefit, requiring follow-through, is that the penalties BP will
have to pay in restoration money may finally give the gulf’s fragile
ecosystem the long-term care it needs, especially its wetlands and
barrier islands. Over the years, oil and gas companies have sliced and
diced Louisiana’s forests, coastal marshes and mangrove swamps with more than 10,000 miles
of canals. This, combined with years of misguided flood control along
the Mississippi River, has already cost Louisiana 2,300 square miles of
wetlands, with more erosion every day."
I am troubled calling the care the delta needs "replenishment of the shoreline".
The proposal from the Labor Department offers strong protections and deserves praise.
Financial Brokers; Editorials; Regulation and Deregulation of
Industry; Individual Retirement Accounts; 401(k), 403(b) and 457 Plans;
Stocks and Bonds; Personal Finances; Retirement
The list by the Committee to Protect Journalists also counts
Azerbaijan, China, Eritrea, Ethiopia, Iran, Myanmar and Vietnam as among
the top jailers of journalists.
Censorship; Freedom of the Press; News and News Media
OK, write about them after leaving.
These are sovereign nations.
The Apple Watch will be sold in just nine countries and only
through its own channels, entering the world in a different manner from
that of the iPhone.
Watches and Clocks; Wearable Computing; Shopping and Retail; Luxury Goods and Services
Only in a borough that is home to 1.1 million immigrants would a
1963 treaty designed to protect foreign nationals figure in the most
mundane of legal proceedings.
Crime and Criminals; Immigration and Emigration; Courts and the
Judiciary; Diplomatic Service, Embassies and Consulates; United States
International Relations; Legal Profession
Jurors also want to review the testimony of the prosecutor who
decided not to record the interrogation of Pedro Hernandez, the man
charged with killing the boy.
Murders, Attempted Murders and Homicides; Confessions
Margrethe Vestager, the European Union’s commissioner for
competition, said in Brussels on Wednesday that Gazprom was abusing its
market dominance in central and eastern European member states.
Natural Gas; Antitrust Laws and Competition Issues
A survey by Goldman Sachs shows that insurance companies are
shifting investments into private equity firms, real estate deals and
hedge funds.
Insurance; Banking and Financial Institutions; Life Insurance; Private Equity; Hedge Funds
https://en.wikipedia.org/wiki/Corporation
"A corporation is a company or group of people authorized to act
as a single entity (legally a person) and recognized as such in law.
Early incorporated entities were established by charter (i.e. by an ad hoc
act granted by a monarch or passed by a parliament or legislature).
Most jurisdictions now allow the creation of new corporations through
registration. Registered corporations have legal personality and are owned by shareholders[1][2] whose liability is limited to their investment. Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity."
https://en.wikipedia.org/wiki/Fiduciary
The following tax-exempt fixed-income issues are scheduled for pricing this week.
Municipal Bonds; Tax Credits, Deductions and Exemptions; Credit and Debt
"At the close of the New York cash market on Friday, the rate on the
outstanding three-month bill was 0.02 percent. The six-month rate was
0.08 percent. The four-week rate was 0.03 percent."