The U.S. government had been telling the American citizen for several decades now that there is no inflation in the American economy.
Of course, Americans know this isn’t true. Oil prices rose from $15/barrel to $150/barrel in twenty years. Housing prices jumped 150-500% is three years, after averaging an appreciation of 2.5% per year over a century. Health care costs explode year after year, averaging 9.5% growth, year-over-year for the last decade. The cost of college tuition has gone up by almost 1000% in thirty years. And we are told that there is no inflation.
It finally became clear to me, after years of musing on this phenomenon, that, there is no inflation, according to government statistics, as long as there is no wage inflation. And there has been little wage inflation – that is true. As long as wages stay low and do not chase the escalating costs of goods and services – and this is almost possible if the cost of credit stays low -- then the inflation spiral is muted. Of course, the consumer, in this scenario, becomes more and more indebted through this method of paying for myriad inflationary goods and materials. Apparently there is no moral dilemma in this. Business profits grow, wages remain low, and workers take on more and more debt. It sounds to me like a volcano that is bound to blow. But what do I know? I’m not an economist. Sometimes logic is only logic for those not sophisticated enough to know the difference between appearance and reality.
Interesting ... (and longish) ...

2009-06-24

I will be off the interwebs until Sunday night ...


Whenever we become content to leave our security in the hands of others, i.e. the police, military, etc., it's just a matter of time before we start to take on the appearance of 'lunch' for some predator. The only legitimate way to avoid violence is to be READY to confront it head on at a moments notice. There is no way to fake that readiness and once you have it the predators recognize it and go look for easier prey.
Some Summer to start the summer ...

2009-06-22


It's a foregone conclusion that retailers will be getting along with less help going forward. What will probably end up happening is that costs will go up to cover shrinkage until a new equilibrium is found. The 'leaders' will be those that come up with the loss control strategies that work best at the margins.
It's important to make sure you understand exactly whose security is improved using surveillance in the above two examples. The casino patrons are allowing their own invisibility to be reduced in the hopes that the more costly invincibility that the casino has for itself will spill over to the benefit of the patron, and that is frequently a decent trade-off. On the other hand, if the agency is compromising the citizens invisibility so it doesn't have to provide any invincibility, it's hard to imagine any of the citizen's benefiting from it.
I do sooo love it when they fight back ...

2009-06-17

As is ready access to some 'blam-blams' when the time comes ...
Critical information ...
Some cool pics from the start of the Giraglia Rolex Cup ...

2009-06-13

It would be useful in judging your statements to know whether the business structure was such that even if everyone in the joint was content to continue working there doing the same thing, the place would still have to close forever.

If it could have continued on profitably without Tiller but the terror of the act was just too much for everyone, then it might be legit to say it resulted from the act of terrorism (although terrorism is usually directed at government policies rather than individual enterprises.)

On the other hand, if the act of Tiller dying doomed the enterprise then it's rather opportunistic and unethical to go on and on about the terrorism winning when it was in fact the plain old criminal murder that actually did the job.
I think that if you want to support calling any particular act 'terrorism', then you would be better off using some type of definition/usage argument rather than just ranting "THIS is terrorism", "This IS terrorism", This is TERRORISM" throughout the whole post.
Hard to be prepared for this while still operating normally ...

2009-06-08

Home Invasion Roundup:

Evansville - I do so love it when they fight back!

Cannington

Kenner

CINCINNATI

South Bend

Norwalk

Middletown
The Security seemed competent enough ... I think they may have spent a little too much time wishing they weren't going to have to wrestle with a douche before they got around to getting on with it, but, on the plus side, they didn't get sucked into a wild goose chase where the baddie goes back around and gets to the principal a SECOND time with no Security around to protect him 'cuz they all chased after him. I'd call it a pretty solid performance based on the video attached to the story.
Home Invasion Roundup:

New Castle

Webster

Redlands

CLARKSDALE

COEUR D’ALENE - I do so love it when they fight back!

HAPPY VALLEY
A whole bunch of HDR ...