Posts Tagged ‘market’
Posted by Warm Southern Breeze on Tuesday, December 6, 2016
Fact is, “ObamaCare” – which is properly known as the Patient Protection and Affordable Care Act, or ACA for short – though it’s monikered with POTUS Obama’s name, was largely a Republican brainchild from the über-conservative Heritage Institution.
The cornerstone of the act is predicated upon two items which are the very heart of the act: 1.) Guaranteed Coverage, and; 2.) Community Rating.
In was, in essence Read the rest of this entry »
Posted in - Business... None of yours, - Do you feel like we do, Dr. Who? | Tagged: ACA, Affordable Care Act, avarice, Big Pharma, business, competition, costs, enterprise, Free Market, greed, health, health insurance, healthcare, hospital, insurance, market, Medicare, Medicare for All, medicine, money, monopoly, Obama, Obamacare, oligopoly, power, PPACA, premiums, profit, rates, Return On Investment, ROI, shareholder, single payer, Wall Street, wealth | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, April 9, 2014
James McWilliams—a historian who has made a name for himself in prestigious publications like the New York Times and The Atlantic for his contrarian defenses of the food industry—is back at it. In an item published last week in the excellent Pacific Standard, McWilliams uses the controversy over a recent study of saturated fat as a club with which to pummel food industry critics like the Times‘ Mark Bittman.
Here’s what happened: A group including Harvard and Cambridge researchers analyzed 72 studies and concluded that there’s no clear evidence that ditching saturated fat (the kind found mainly in butter, eggs, and meat) for the monounsaturated and polyunsaturated kind (found in fish and a variety of vegetable oils) delivers health benefits.
Bittman responded to the study’s release with Read the rest of this entry »
Posted in - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: Butter, delicious, fat, food, health, market, marketing, minerals, news, nutrition, protein, research, study, tasty, vitamins | Leave a Comment »
Posted by Warm Southern Breeze on Wednesday, December 26, 2012
Perhaps the most telling rationale, or motivation for the course upon which corporations have set is explained in this statement by ANDREW SMITHERS: Yes, the current way in which managements are rewarded is perverse from an economic viewpoint. Adam Smith pointed out that some characteristics of human beings such as greed, which are often unpleasant at a personal level, can nonetheless bring social benefits. But this is not necessarily the case under current remuneration systems; greed is increasingly the cause of harm rather than help to the economy.
The long and short of it, is greed. And in that paragraph is the solitary mention of the word or practice.
Philosophically, this time, this period in our nation’s history – and in the history of the world, and in the greater, long term picture of humanity – is yet another prime example, and case in point illustrating why and how the selfishness of greed is unsustainable and genuinely evil.
Capital Wins, Labor Loses, But Andrew Smithers Says It Can’t Go On
MAKING SENSE — December 26, 2012 at 4:48 PM EDT
BY: PAUL SOLMAN
Warehouse manager at operations desk on computer. Photo courtesy of John McBride & Company Inc.
Paul Solman: Jon Shayne is not just the world’s No. 1 econo-crooner, belting out economics tunes of his own invention under the stage name Merle Hazard at his own website and for the PBS NewsHour audience on inflation, on the Greek debt crisis, on the euro crisis in general, on too-big-to-fail banks, and most recently, on the fiscal cliff.
No, Shayne/Hazard is no one-trick pony. He is also a noted money manager, recently highlighted by Forbes magazine for his perspicacity in stock-picking. Wrote Forbes: “If you follow the stock market, Jon Shayne is worth a good, long listen. Especially now.”
Having listened to Jon plenty over the past few years, I agree, especially with his emphasis on the increasing share of national income commanded by the owners of capital, in contrast to labor. This angle is the focus of Forbes’ story as well.
So I asked Jon to elaborate for the Making Sen$e audience. He has done so by interviewing the person who inspired his thoughts on the subject, British economist Andrew Smithers, who formerly ran the asset management business of S.G. Warburg, and now Read the rest of this entry »
Posted in - Business... None of yours, - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: Adam Smith, analysis, ANDREW, Andrew Smithers, business, CEO, Company, compensation, corporations, economics, Economist, economy, employee, employment, enterprise, European sovereign debt crisis, executives, family, Federal Reserve Bank of New York, Forbes, free enterprise, greed, jobs, JON, JON SHAYNE, labor, London, management, market, money, news, PBS NewsHour, profit, stocks, worker, workers | Leave a Comment »
Posted by Warm Southern Breeze on Tuesday, October 9, 2012
Regardless whether global climate change is man-made, or cyclical… it’s going to affect us all, and we would be wise to DO SOMETHING to PRESERVE, PROTECT and DEFEND ourselves NOW!
Milk-Cow Drought Culling Accelerates as Prices Jump: Commodities
U.S. milk production is headed for the biggest contraction in 12 years as a drought-fueled surge in feed costs drives more cows to slaughter.
Output will drop 0.5 percent to 198.9 billion pounds (90.2 million metric tons) in 2013 as the herd shrinks to an eight- year low, the U.S. Department of Agriculture estimates. Milk futures rose 45 percent since mid-April and may advance at least another 19 percent to a record $25 per 100 pounds by June, said Shawn Hackett. The president of Boynton Beach, Florida-based Hackett Financial Advisers Inc. correctly predicted the rally in March.
Dairies in California, the top milk-producing state, are filing for bankruptcy, and U.S. cows are being slaughtered at the fastest rate in more than a quarter century. Corn surged to a record in August as the USDA forecast the smallest crop in six years because of drought across the U.S. Global dairy prices tracked by the United Nations rose 6.9 percent last month, the most among the five food groups monitored, and that will probably mean record costs next year, Rabobank estimates.
“Farmers can’t afford to buy as much grain and protein, and that affects milk production,” said Bob Cropp, an economist at the University of Wisconsin in Madison who has been following the industry since 1966. “In California, there’ve been some foreclosures and some sell-off of cows quite heavily. You’re going to see that in other parts of the country.”
Class III milk, used to make cheese, jumped 22 percent to $21.05 on the Chicago Mercantile Exchange this year. That’s more than 21 of the 24 commodities in the Standard & Poor’s GSCI Spot Index, which rose 1.8 percent. The MSCI All-Country World Index (MXWD) of equities climbed 12 percent, and Treasuries Read the rest of this entry »
Posted in - Business... None of yours, - Even MORE Uncategorized!, - Read 'em and weep: The Daily News | Tagged: Bank of America, beverage, business, California, cheese, Chicago, Chicago Mercantile Exchange, children, climate, Climate change, Congress, corn, dairy, Dairy cattle, draught, drink, economy, entrepreneur, family, farmer, farmers, farming, food, grocery, jobs, market, milk, news, production, profitability, science, Starbucks, trucking, United Nations, weather | Leave a Comment »
Posted by Warm Southern Breeze on Tuesday, October 9, 2012
Jay Levy, Part of ‘Dynasty’ That Forecast 2008 Crash, Dies at 90
Jay Levy, who worked with his father, then his son, to publish an economics-forecasting newsletter, now in its seventh decade, that predicted the collapse in housing and latest recession, has died. He was 90.
He died on Oct. 4 at Northern Westchester Hospital in Mount Kisco, New York, according to his son, David. The cause was pneumonia. A resident of Somers, New York, he had suffered a series of mini-strokes in recent years.
The Levy Forecast, founded in 1949 as Industry Forecast, bills itself as the oldest paid newsletter devoted to economic analysis in the U.S. It is published by the Mount Kisco-based Jerome Levy Forecasting Center LLC, of which Levy was most recently senior counsel and managing director. The center carries the name of his father, Jerome, who died in 1967. Jay Levy’s son, David Levy, is chairman. They were part of what Forbes magazine, in 1983, called “a kind of economic dynasty.”
Levy and his son were “right as rain” in predicting the financial crisis and recession that began in 2007-2008, Alan Abelson wrote in Barron’s in January 2009.
Among the red flags they had raised was this from the November 2005 Levy Forecast:
“Just as the last recession was caused by Read the rest of this entry »
Posted in - Did they REALLY say that?, - Read 'em and weep: The Daily News, End Of The Road | Tagged: business, City College of New York, David Levy, Decision making, economics, economy, entrepreneurs, Forbes, Free Market, Great Depression, Great Recession, Hedge fund, Jay Levy, jobs, Leon Levy, Levy, market, New York | Leave a Comment »
Posted by Warm Southern Breeze on Monday, May 16, 2011
The opening lyric to Hank Williams, Jr.‘s – aka “Bocephus” – 1982 song “A County Boy Can Survive,” is “And the Mississippi River she’s a goin’ dry.”
At this juncture, that certainly doesn’t seem to be the case.
The Mississippi River has flooded to such an extent that the U.S. Army Corps of Engineers has decided to open floodgates and allow excess water from the river to flow toward the Gulf of Mexico through alternate routes.
Weeks of heavy rains and runoff from the melting of an extremely snowy winter have raised Mississippi River levels to historic proportions. Over 3 million acres (1.2 million hectares) of farmland in Mississippi, Tennessee, Arkansas along the river have been flooded, evoking memories of floods in 1927 & ’37.
On Saturday, the Corps opened two of 125 floodgates at the Morganza Spillway, and opened two more today (Sunday, 15 May 2011). The spillway is 45 miles northwest of Louisiana’s capitol, Baton Rouge. The Corps hopes that by opening them, it will Read the rest of this entry »
Posted in - Even MORE Uncategorized!, - Faith, Religion, Goodness - What is the Soul of a man?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: Arkansas, Atchafalaya Basin, Baton Rouge, Baton Rouge Louisiana, community, disaster, economic, economy, FEMA, flood, flooding, Gulf of Mexico, hydrology, infrastructure, local, Louisiana, market, melt, Mississippi, Mississippi River, Morganza Spillway, nation, New Orleans, rain, resources, snow, society, South, state, Taxation, Tennessee, theory, United States Army Corps of Engineers | Leave a Comment »
Posted by Warm Southern Breeze on Monday, July 5, 2010
Apple Computer (NYSE: AAPL), stunned the world today by announcing a critical error in the design of their iPhones, which has been present since the devices were first manufactured and sold in 2007.
It seems that the “bars” indicator – which has been used as a signal strength indicator, albeit an inaccurate and faulty one – is even more faulty than previously thought! In fact, it’s AFU – All Fouled Up. (That’s nice parlance.)
For those of you who do not know how to read radio signal strength indicators (and that’s very likely most folks), they’re expressed in negative numbers. The higher the negative number, e.g., -108, the weaker the signal. Conversely, the opposite is true: The lower the negative number, e.g., -16, the stronger the signal.
My iPhone 3GS is jailbroken, and one feature I have employed on it is a numerical signal strength indicator for the Cellular and WiFi signals. Here are two screenshots to illustrate.
UPPER LEFT CORNER: Cellular signal strength indicator using "Bars" - Note also, the WiFi signal (on the RIGHT of the AT&T) is much stronger than the cellular signal.
UPPER LEFT CORNER: Cellular strength indicator using the accepted numerical standard - Note also, the WiFi signal (on the RIGHT of the AT&T) is much stronger than the cellular signal.
And if you’re looking for a job…
Apple Computer is looking for Antenna Engineers, too!
Read on to see their mea culpa and want ad. …Continue…
Posted in - Did they REALLY say that?, - Lost In Space: TOTALLY Discombobulated, - Read 'em and weep: The Daily News | Tagged: 3GS, 4, AAPL, antenna, Apple, AT&T, best seller, cell, cellular, computer, engineer, indicator, iOS, iphone, letter, market, problems, signal, smartphone, strength, wrong | 3 Comments »