"Even Milton Friedman, the high priest of monetarism (or perhaps Scott Sumner today on market monetarism) insisted that you want the money supply to be expanding so as to cater to the greater demand for money as the economy grows. Sure, too much monetary expansion will lead to inflation, too much money chasing too few goods. But deflation means the opposite, where the economy, if the deflation is strong enough, will shrink in terms of the goods and services available to us. That is indeed the same thing as saying we'll all get poorer."
Scratches to Sketches
Monday 30 December 2013
Manufacturing lessons from Germany - Tradegood
"Germany is the largest economy in Europe and the second largest exporter in the world after China. The country's 2.7 trillion euro GDP accounts for nearly 30% of Eurozone output. Over the past decade it has posted the fastest GDP per capita growth, making it the second largest production powerhouse among the G7 economies. With the second-lowest unemployment rate in Europe and an economic growth at 0.7% in the second quarter of 2013, the country successfully weathered the 18-month economic downturn in the Eurozone. As seen from the recent Global Manufacturing Competitiveness Index 2013, Germany ranked second in global manufacturing competitiveness after China, but topped the list among the developed countries. It has also gained political clout thanks to its role as the biggest financial contributor to Europe's bailouts."
I worked on the US drone program. The public should know what really goes on | Heather Linebaugh | Comment is free | theguardian.com
Few of these politicians who so brazenly proclaim the benefits of drones have a real clue of what actually goes on. I, on the other hand, have seen these awful sights first hand.
Edward Snowden declares 'mission accomplished' in Moscow interview | World news | theguardian.com
He continued: "I already won. As soon as the journalists were able to work, everything that I had been trying to do was validated. Because, remember, I didn't want to change society. I wanted to give society a chance to determine if it should change itself."
NSA mass collection of phone data is legal, federal judge rules | World news | The Guardian
Judge Pauley said privacy protections enshrined in the fourth amendment of the US constitution needed to be balanced against a government need to maintain a database of records to prevent future terrorist attacks. "The right to be free from searches is fundamental but not absolute," he said. "Whether the fourth amendment protects bulk telephony metadata is ultimately a question of reasonableness."
NSA 'hacking unit' infiltrates computers around the world – report | World news | The Guardian
NSA officials responded to the Spiegel report with a statement, which said: "Tailored Access Operations is a unique national asset that is on the front lines of enabling NSA to defend the nation and its allies. [TAO's] work is centred on computer network exploitation in support of foreign intelligence collection."
How London's Heathrow Software Died Causing a Massive Disruption of Services
"Placing barriers in the way of widespread dissemination of relevant details of adverse events is a way of preventing learning in any organization," said Dr. John Wreathall of the Resilience Engineering group. "Bear in mind that one hallmark of a resilient organization is that it is prepared not only for its own failures, but those which it can learn from others. The more resilient an organization is, the larger are the lessons it has learned from others."
Sunday 29 December 2013
Saturday 28 December 2013
Friday 27 December 2013
Wednesday 25 December 2013
Monday 23 December 2013
Sunday 22 December 2013
Saturday 21 December 2013
RF Safe Supports Breast Cancer Awareness... Keep safe at Christmas and the new year.
Voluntary service warning. Read at the risk of being better informed about the risks of EMF radiation in your neighbourhood or handbag.
1. It's critically important at Christmas time not to lull women and children into a false sense of security watching them exposed to EMF radiation using iPads, tablets, and cell phones without saying anything, or watching men of all ages risk worsening tinnitus, sterility and deafness.
2. Turn your WIFI off at night and encourage your cell tower operator in a residential area to move those antennas that in cloudy winter conditions are an increased EMF pollutant. When using a cellular device be aware of the duration and turn on airplane mode when not actively using such devices.
3. You don't want your kids to hate you when they contract cancer or one of the many many broad spectrum diseases / ailments now definitely linked to cell phone use and cell towers in residential / work areas. Remember that your body and it's immune systems communicates with or is embedded within electromagnetic fields. You are a microwave entity and specific wavelengths / vibrations are key to good health, such as the yoga OM sound vibration that extends life by stimulating the vagus nerve system. Light waves are key to happiness and good health. We are learning so much each week as to the importance of physical vibrations seen and unseen. EMF waves are no less important and human life has enjoyed an environment largely free of EMF pollution with the exception of periods of high solar winds when cell mutations drove evolution of species allowing powerful cosmic rays from distant galaxies and our Milky Way to impact cell structures on earth from outside the solar system.
4. Remember that the WHO level tests have moved above the risks of lead and other toxins to the PROBABLE cause of cancer not POSSIBLE, but PROBABLE. Other bad diseases are higher than probable being a highly likely resultant. We don't know how many women in past decades have died of cancer because of broad spectrum EMF radiation because it remains under researched and industry maligned.
5. We can now easily link brain cancer death delivering tumours to those at wartime exposed willy nilly to intense radar. It's likely, we will be able to link cell phone level EMF exposure to many deaths and impairments in the same way in about 2025.
6. Remember that the broad spectrum EMF diseases spread statistically and it is almost impossible to predict specific victims and the timing of severe vulnerability. It's like knowing we will see more and more traffic deaths without knowing whom.
7. Take precautions by switching off your cell phone and gradually move back towards a wired phone system encouraging others to do the same. It's not that inconvenient for home use.
Arthur
Flow of data drives request for more cellphone towers in Cumberland County - Local News - Fayetteville Observer
Doing it on the cheap May have serious health consequences, however!
http://m.fayobserver.com/news/local/article_0ee7afc9-f1de-5ab1-90b5-ac8e7c21b77a.html?mode=jqm
http://m.fayobserver.com/news/local/article_0ee7afc9-f1de-5ab1-90b5-ac8e7c21b77a.html?mode=jqm
Friday 20 December 2013
Banning Cell Towers Where Powers Permit
Sneaking cell towers into unsuspecting communities is not new. Residents need powers to ban cell towers where people live and work.
Thursday 19 December 2013
Wednesday 18 December 2013
Noida in India takes initiative to reduce health hazards by mobile towers - Moneycontrol.com
Moving cell towers from residential areas is proper even if the evidence of harm is / was / and for some time will be statistical and people don't understand statistics or the metrics of epidemiology even in national health bases.
Tuesday 17 December 2013
Saturday 14 December 2013
By cracking cellphone code, NSA has ability to decode private conversations - The Washington Post
We all probably guessed this, but it's important for experts to state it. NSA has effectively killed the www Internet of people. What will happen with the Internet of things?
Friday 13 December 2013
EMF Exposure During Development and Disease
If you were exposed as a young child might you be having disease now?
If Cell Phone Radiation Were Visible, The World Would Look Like This
If I weren't suffering from silver fish migraine right now I might even be able to see it myself..
Thursday 12 December 2013
Carriers Switch on Small Cells Slowly | EE Times
And, with femtocells what is obsolete?
There is a possibility of a massive sickening of the population if the femtocell volume predictions are right and the epidemiology cancer studies are right.
The rich do not pay the most taxes, they pay ALL the taxes, but they also receive the lions share or almost all of incomes as well.
According to one analyst at least, the fact that taxes serve a redistribution of income role seems noteworthy. Yes! It is.
The sad fact is that the US economy is not working and the tax figures show it.
Why do so many Americans need a hand out?
The missing part of the analysis is that income from monetary expansion is going to the rich and not to employment and incomes of the less well off. The US economy is failing its people big time. The rich know that their income comes from services and so they invest in services. They exclude manufacturing in their real investments and so exclude a huge segment of the livelihood of Americans, hence the non income or low relative income for the vast majority of Americans seeking a job in manufacturing.
Without manufacturing the US economy is doomed.
Lloyds has failed to learn the lessons of previous mis-selling fines | Business | theguardian.com
Obviously, jail sentences and stiffer fines needed?
Criminal Action Is Expected for JPMorgan in Madoff Case - NYTimes.com
And, we may wonder why there is a depression with such banks still operating...
Wednesday 11 December 2013
Britain has an ethnic problem: the English - The Globe and Mail
Jim,
Thank you for sending me this link. I have made a meal of it as usual.
I don't believe it for a second. The average English are absolutely amazing. It's a popular put down to say the average English are somehow behind the ball, but the reality is that they have withstood enormous change in the past decade. The level of integration and goodwill in London is beyond belief. I am so happy that what violence could have happened is still so remote. Newcomers to London and England love the country and people. Yes. Yes. The degree to which a strange incoming population has been received with open arms is truly heartwarming. The rainbow of integration can obviously happen if it is properly orchestrated. Come to London and see for yourselves.
The real problems in London have nothing really to do with the English nor how well everyone is coping with tremendous economic pressures. It has to do with rich speculators buying up the best properties of Greater London and what average homes should be available to the locals at reasonable cost in speculation hoping to make a flip or turn and then take their capital out. The average locals are housing peasants. They have to spend all of their income on a double two person mortgage and go head long into credit card debt to keep up with the young.
Foreign banks that have the worst financial records in their own countries, such as Santanders from Spain, which has a dismal history of bad management there, are speculating in the London property market and killing what recovery is possible from that sector. Thank goodness the British government has now introduced a property speculation tax beginning in 2015. That's only a scratch at the problems.
Unfortunately, the British government does not try understand the most basic of realities with regard to the housing market as it affects the ethnic English. Local councils cannot afford to pay the enormous sums to house a population that is growing so rapidly because of inward migration and an inability of the government / Bank of England to deal with maturity mismatch in the money markets. I participated in the invention / innovation of these markets in the 1970's, trying my hardest to stop the crazy policy of Margaret Thatcher to make Building Societies into banks and allow banks to compete in the housing market. I shake my head in disbelief at the financial carnage and a misunderstanding of the effects of that bad policy has brought internationally. The Americans tried to copy cat London and look what happened. I had Barclays friends earning annual bonuses of half a million on property speculation. They retired to Southern Europe.
The result of property and stock speculation arising from deregulation and throwing away lessons learned from the 1929 crash was a disaster for locals in England and the States, especially the British who demanded a decent wage but who had no effective union representation as Thatcher rapidly closed down the future of British manufacturing industry the only thing that really produces economic growth. With the focus on services industry the British distribution of income has gone completely towards the bankers and insurance company execs that actually produce nothing but fear.
And you have read no doubt how the American banks speculated and pushed British banks into speculation. In short, Thatcher's Big Bang was a big bubble that worked in favour of those who could speculate. It favours growth biased towards speculators and bankers. It still does and David Cameron with the help of that Canadian / Yankee Doodle Governor Carney has unleashed another round of costly socially destructive speculation. No wonder the Scot's want to run as far and as fast away from London as they can. It's insane what's happening.
Thatcher took away education subsidies and introduced reforms that were ludicrous as regards the average Brit. The Scots kids receive subsidized education like the Canadians. The idea that graduates can carry huge debts into their future lives is stupid. Especially, if one factors in the high cost of housing.
Now after the Thatcher years, we have nobody in England that can afford a home with one income. The kids are treated as a cost instead of benefit to society and educational standards have fallen well below preThatcher years.
What the Social Democrats here did here was imitate Thatcher, which is why people have no choice now. The English should have been housed at affordable costs, the kids should have been educated at affordable costs. The housing / banking crisis should never have happened.
The English can thank Maggie that the world is in such a mess. That is my view as a former banker who believes he understands the British economy.
I get angry because it is easy to produce a functioning economy where everyone can afford a home and all the luxuries. What Thatcher is responsible for is a dis functional economy and stupid policies that threaten the economy stability of the whole world. So from easy peasy, we have slump and bump. No fun and it can lead to major, major international conflicts and what could otherwise have been tolerant people taking to the streets in despair.
So, when I hear that Maggie did so much for Britain by getting rid of the union power belonging to the lazy English, I just think that if you can read history and understand the most basic of economics of the money and housing markets, you would come to a very different conclusion. The English are just fine in relative terms. What's dysfunctional is the stupidity of David Cameron and the wayward ideas of his one time mentor the misguided shop keeper Maggie Thatcher, such a destructive force.
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth.
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