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Whither the economy? by Jack on Fri Oct 02, 2009 11:11 pm
The powers that be have coined a phrase - "green shoots". I think they've made a mistake, not only in calling a turn, but politically and emotionally.

Our problem boils down to employment. Until we start generating large numbers of stable, well-paying jobs, there is no foundation to support recovery anywhere else in the economy. Housing involves mortgages - which imply a steady income on the part of the borrower. Likewise, increased consumer spending requires a source of income. Note that such spending can no longer grow from expansion of consumer credit - the banks have increased rates, increased payment rates, and cut lines of credit.

The stock market has increased since the March lows; however, if we look back over the past century (as done in Mauldin's work, Bull's eye investing), we find that bear markets end when stocks represent excellent values. Dividends on quality companies rise to as much as 6%. PE ratios decline. None of these have happened - yet. In addition,...

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Book IV: Stone Warriors by eastbay on Mon Jul 08, 2013 12:17 pm
I hope you enjoy this excerpt from Chapter Three of Book IV, "Stone Warriors."

He told CJ the story of that day in early March when six brave explorers from Corbett walked up the Columbia River...

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If confronted by a mob, by wisconsin_cur on Wed Apr 25, 2012 2:04 am
I heard the question asked recently, how do you defend yourself from a mob. Assuming you have...

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Buck, a Survivor of the Shut Down by eastbay on Mon Jan 02, 2012 1:45 pm
Deleted the rough first few chapters, just like last time.

The book is done, submitted and should be on Amazon (paperback and Kindle) and available through major bookstores this spring.

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Reflection on something lost by Jack on Wed Sep 21, 2011 6:46 am
I'm not usually into poetry, but this reminds me of what we've lost. It's been years since I've seen one of these -

POETRY
Monarchs of the 70s
By Sheila E Sanchez Hatch

More astounding than snow in...

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1 Comment Viewed 29028 times
Ten Years and Done Waiting by wisconsin_cur on Sun Sep 11, 2011 2:50 am
On September 11th 2001 my wife and I arrived home from night shifts at a metropolitan hospital to the news that one of the two towers of the World Trade Center was burning. We followed events closely...

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Re: If confronted by a mob, by eastbay on Thu Apr 26, 2012 8:08 pm
The tae kwon do instructor where my kids studied (a few years back) wouldn't give out a black belt unless the student could run fast and far ... I don't recall exactly the time/distance, but it was about...

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Re: If confronted by a mob, by General Doom on Wed Apr 25, 2012 1:30 pm
I've been in one (out in the street), and barricaded inside my house for 3 days from another one.

In the first one I was a young adult and I ran - it's always good to have an escape route planned ahead....

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Re: If confronted by a mob, by Newfie on Wed Apr 25, 2012 6:49 am
You are correct, we mostly agree. In fact I went back to edit my post after rereading you and couldn't find an edit button. I realilized that in my actions where the girl was being beaten I did just...

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Re: If confronted by a mob, by Newfie on Wed Apr 25, 2012 6:49 am
You are correct, we mostly agree. In fact I went back to edit my post after rereading you and couldn't find an edit button. I realilized that in my actions where the girl was being beaten I did just...

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Re: If confronted by a mob, by wisconsin_cur on Wed Apr 25, 2012 5:29 am
If I may quibble but on a distinction that I think is important?

Quote: "a mob occurs when the collective instinct over rides the individual rational thought process."... "Fighting is ineffectual...

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