March 14, 2013
Extremely Difficult to Keep Up With Economic Stupidity
View article: Extremely Difficult to Keep Up With Economic Stupidity
Hard hitting global and local news
Hard hitting global and local news
View article: Extremely Difficult to Keep Up With Economic Stupidity
About a week ago I started exchanging emails with reader Bernd who lives in Germany. He claims that the anti-euro movement in Germany is far bigger than mainstream media lets on. The question is who to believe, and I cast my lot with Bernd.
Circling the Drain In the Atlantic a letter from Paul Alivisator, director of Lawrence Berkeley National Laboratory, Eric Isaacs, director of Argonne National Laboratory and Thom Mason, Director of Oak Ridge National Laboratory Most of the talk about sequestration has focused on its immediate impacts — layoffs, furloughs, and cancelled White House tours in the days and weeks ahead. But one severe impact of the automatic spending cuts will only be felt years — or even decades — in the future, when the nation begins to feel the loss of important new scientific ideas that now will not be explored, and of brilliant young scientists who now will take their talents overseas or perhaps even abandon research entirely.
Reader Kenneth from Stockholm, Sweden informs me that Sweden is Officially in Deflation . Current Inflation Rate In February 2013, CPI inflation (measured as the annual change in the consumer price index) stood at -0.2 per cent (-0.0 per cent in January 2013)
An Apology From Eli For about a year, Eli has been saying that the UAH (and the RSS) software for decoding the (A)MSU data is not publically available. To be honest the Rabett had expected that if it was available somebunny (Hi Lucia) would be churning away on it and others (Hi Steve) would be auditing and still others would be rewriting it in Python ( Hi Nick ) and they would have haruphed at Eli. Well, it turns out that a recent poke at this by Eli, brought a pointer to a place where this was mentioned three years ago, Dr. Christy and Dr.
Expression of the Day: "Ducks are Fat at the Back" I was intrigued by a quote in the Financial Times by former German Chancellor Gerhard Schröder who won a standing ovation when he returned to remind his supporters of their ancient triumphs. Schröder’s message for the party was to persevere in this year’s general election, with a real chance of beating chancellor Merkel’s centre-right coalition in the final weeks of the campaign. Schröder claimed Peer Steinbrück, the SPD candidate for chancellor, should stick to his guns in spite of trailing in the opinion polls.
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid.
I have the answer: Obama’s transparency is Where the Sun Don’t Shine .
Bloomberg reports Japan Machinery Orders Fall 13% in Sign of Limits on Investment . The decline from the previous month, announced by the Cabinet Office today in Tokyo, compared with the median estimate in a Bloomberg News survey of 26 economists for a 1.7 percent fall.