Saturday 30 July 2011
John Batchelor Show podcasts:
http://wabcradio.com/sectional.asp?id=33447
Saturday 905P Eastern Time: Withdrawing Under Fire: Lessons Learned from Islamist Insurgencies, by Joshua L Gleis I http://www.amazon.com/Joshua-L.-Gleis/e/B004IC9QBU
Saturday 920P Eastern Time: Withdrawing Under Fire: Lessons Learned from Islamist Insurgencies, by Joshua L Gleis II http://www.amazon.com/Joshua-L.-Gleis/e/B004IC9QBU
Saturday 935P Eastern Time: The Ballad of Bob Dylan: A Portrait by Daniel Mark Epstein I
Saturday 950P Eastern Time: The Ballad of Bob Dylan: A Portrait by Daniel Mark Epstein II
Saturday 1005P (705P Pacific): In the Garden of Beasts: Love, Terror, and an American Family in Hitler's Berlin by Erik Larson I
Saturday 1020P (720P Pacific): In the Garden of Beasts: Love, Terror, and an American Family in Hitler's Berlin by Erik Larson II
Saturday 1035P (735P Pacific): Chasing Aphrodite: The Hunt for Looted Antiquities at the World's Richest Museum by Jason Felch and Ralph Frammolino I
Saturday 1050P (750P Pacific): Chasing Aphrodite: The Hunt for Looted Antiquities at the World's Richest Museum by Jason Felch and Ralph Frammolino II
Saturday 1105P (805P Pacific):
Saturday 1120P (820P Pacific):
Saturday 1150P (850P Pacific):
Saturday/Sun 1205A (905 Pacific):
Saturday/Sun 1220A (920 Pacific):
Saturday/Sun 1235A (935P Pacific): Robopocalypse: A Novel by Daniel H. Wilson
Saturday/Sun 1250A (950P Pacific): Exeunt. Jupiter: liquid metallic hydrogen. City of David in Jerusalem of 2,000 yeas ago: discovery of a tiny, golden bell that once hung from the hem of the robes of a priest of the Second Temple. See Exodus: pomegranates of blue and bells of gold.
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Sunday 31 July 2011
John Batchelor Show podcasts:
http://wabcradio.com/sectional.asp?id=33447
Sunday 905PM Eastern (605P Pacific): David Drucker, Roll Call, in re: Pres Obama announces that a deal of some ilk has been struck.
Sunday 920PM Eastern (620P Pacific): Robert Zimmerman, behind the black.com, in re: Hayabusa inspires three different Hollywood-type movies. Off-the-shelf 3D printers prove they can create tools in weightlessness. Russian space chief says ISS to be deorbited in 2020. Space war in Congress over NASA. Subpoena issued. NASA says new rocket won't launch for 21 years! The Earth's first Trojan asteroid has been discovered, using WISE data. A big story on the climate: Based on satellite data for the past 20 years, all global warming models have now been shown to be completely wrong. They all failed to predict how much heat the atmosphere traps (which is much less than expected). A Roy Spencer paper.
Sunday 935PM Eastern (635P Pacific): Jim McTague, Barron's Washington, and Simon Constable, WSJ The News Hub Show, in re: Slow growth stirs recession fears: the economic recovery is grinding to a halt, raising the risk that the US could fall back into recession and tightening the screws on Washington to resolve the debt-ceiling debate. US will very likely be downgraded; increasing interest rates, and existing Treasurys will lose value on the secondary mkt - from which $62 bil has flown out in the last two weeks. Will affect banks, insurance companies, even the US govt. Scott Minard, manages billions, says the Republicans could have agreed to close some loopholes and the Dems also declare victory. US downgrade has already been factored into the market; higher interest rates will come slowly, not in a straight line; we're in a cyclical phenomenon now, heading into a slowdown. All the recessions and recoveries since WWII, never been a sustained and robust recovery without a sustained and robust recovery in housing, which is not currently on the radar. There's no consumer cash till jobs are more plentiful. There's so much govt in the economy right now, employers are reluctant to jump in and hire; it needs to vamoose a bit and let private business get a toehold.. Housing may come back in five years, might be ten. If we're at bottom now, it sure won't be a V-shaped recovery - we could limp on for another decade. If you're in a home and it's being foreclosed on, you may actually be able to live there for the rest of your life. "Jungle capitalism": when prices fall, entrepreneurs snap it up if they know the govt won't be competing with them. SiliconValley is doing well; mfrg may be coming back.
Sunday 950PM Eastern (650P Pacific): Lara Brown, Villanova and author, Jockeying for the American Presidency, in re: reminiscent of nullification; the Great Compromiser, Henry Clay, did not win the presidency.. The president lost the country on the healthcare bill. Entitlements vs. taxes is the big fight for the years ahead.
Sunday 1005PM EDT (705P Pacific): Taegan Goddard, Political Wire, and John Fund, WSJ, in re: "Sugar-coated Satan sandwich." "If ten per cent of any group are committed ideologues, they'll get what they want." Democrats have been completely outmanouevered in the last few weeks. If this fails, who gets blamed? "The game of who gets blamed is everything in the next few hours. Nancy Pelosi has ironclad command over half of the Democrats." Now the Dems can potentially be blamed for tanking the markets.
Sunday 1020PM EDT (720P Pacific): continued. Did the president of the United States get rolled? "Taegan - is Mitt Romney at your house?" "No; I was hoping he was at your studio. He's been absent from this debate; interesting strategy, seems to be too grave for him to speak up." JF: "He's running as the new Rorschach test." JB (anent Democrats): "Hard to understand how you can be this weak with the Senate and the White House."
Sunday 1035PM EDT (735P Pacific): Larry Johnson, No Quarter blog, and Salena Zito, Pittsburgh Tribune-Review, in re:
Sunday 1050PM EDT (750P Pacific): Gordon Chang, The Daily and Forbes.com, and Joseph Sternberg, WSJ Asia, in re: in Kashgar, the premier Uyghur city in Xinjiang, 14 people were hacked to death as the Uyghurs fight back against Han jackboot.
Chinese property bubble, prices have soared way beyond the means of most Chinese people. Property mkt can't drop by 50% (as claimed by a smiling banking report) and the highly-exposed banks still stay afloat. A lot of banks's loan have been transferred to off-balance-sheet accounting; China is a huge Enron.
Not doing too well with innovation - in China, this is similar to intellectual property theft - as the pattern is "borrowing" or "learning from": trying to become an innovation economy while lacking practice or a practical foundation. R&D centers in foreign companies. China will become an innovation society at some point in the future: after the Communist Party no longer is in control, as it perforce demands obedience from kindergarten through post-doc; not helpful for independent thinking.
An impressive volume of patent filings conceals serious challenges to Beijing's R&D aspirations. Hardly a week goes by without a headline pronouncing that China is about to overtake the U.S. and other advanced economies in the innovation game. Patent filings are up, China is exporting high-tech goods, the West is doomed. Or so goes the story line. The reality is very different. China is indeed mounting considerable efforts on the innovation front. However, many of the pundits seem to confuse inputs with outputs. The "inputs" for innovation are impressive. China's R&D expenditure increased to 1.5% of GDP in 2010 from 1.1% in 2002, and should reach 2.5% by 2020. Its share of the world's total R&D expenditure grew to 12.3% in 2010 from 5.0% in 2002, placing it second only to the U.S., whose share remained steady at 34-35%. According to UNESCO, China now employs more people in science and technology research than does any other country.
Gen Chen complained about a recent visit by the US Chairman of the Joint Chiefs of Staff Adm. Mike Mullen, saying Washington and Beijing fretted endlessly over protocol in advance. "Such meticulous preparations signify bad bilateral relations. I don't think Seoul and Washington would make the careful and meticulous preparations we did if Mullen goes to Seoul, because they are allies." The outburst put Seoul in an awkward position and apparently aimed at repaying South Korea for complaining about China's close relations with North Korea, observes speculate. Kim tried to defuse the situation by suggesting Seoul and Beijing "strengthen bilateral military exchanges and cooperation," according to a Defense Ministry official. Chen then expressed hope that a South Korean Navy vessel will visit China, adding the details can be left to working-level officials. Earlier on, Kim paid a call on Chinese Vice President Xi Jinping and asked him to ensure that five family members of a South Korean prisoner of war who recently fled from North Korea to China make it safely to South Korea.
China's move to make its currency more international has had unintended consequences, including opening a path for "hot money" to flood the country. If the yuan floats, could it sink?
Sunday 1105PM EDT (805P Pacific): Joseph Bergeron, author, Science Magazine, in re: "What caused Jesus' death?" I
Sunday 1120PM EDT (820P Pacific): Joseph Bergeron, author, Science Magazine, in re: "What caused Jesus' death?" II
Sunday 1135PM EDT (835P Pacific): Malcolm Hoenlein, Conference of Presidents, in re: Syrian tanks stormed Hama, killing 136 or more. The assault on the opposition stronghold appears to be part of nationwide offensive ahead of the start of Ramadan. Mobile phones take horrifying photos. Deir az-Zour also has been assaulted; Assad regime brutalizing its own people. Pres Obama speaks out, bt no sign that the US will do anything, Germany and Italy requesting special session of Security COuncil Nail bombs exploded in Damascus. Assad replacing political leaders, esp telecoms. Fri demos were vs Arab silence: "Your silence kills us" Also demos vs Nasrallah. Secret Serice derailed a train to deter people from Aleppo from attending a demo. This, in turn, became another issue between the people and the regime. Demonstrations in support in twenty cities around the world. Egypt: Sinai pipeline of gas to Israel repeatedly bombed. Ikhwan demos this past weekend shook up Egyptians - supposed to have about 20% support; in fact, showed enormous power, have a large enough bloc and apparently are able to take full control of apparatus. Turkey: entire highest general staff resigned en masse. Army has been guarantor of democracy since Ataturk. Erdogan has consistently diminished the power of the army to an alarming degree; resignations seem to be an act of desperation. Europe, in its requirement for Turkey to "put the military under civilian control," gave excuse to strip it of its democracy-guarding function. Cairo: will televise Hosni Mubarak's trial; huge show trial of Mubarak, his sons, his former allies; some for capital offenses. Syria: no solution other than the collapse of the state. Hezbollah claim that they're not participating in the butchery; this has been proven to be a lie.
Sunday 1150PM EDT (850P Pacific): Catherine Rampel, NYT, in re: many employers won't hire anyone unemployed. Millions of workers out of work for six months or two years, and are flat out of luck.
Sunday/Mon 1205AM EDT (905 Pacific): Gene Marks, in re: small business slowdown.
Sunday/Mon 1220AM EDT (920 Pacific): Sara Reardon, Nature magazine, in re: Agincourt armor
Sunday/Mon 1235AM EDT (935P Pacific):
Jim McTague, Barron's Washington, and Simon Constable, WSJ The News Hub Show, in re: Slow growth stirs recession fears: the economic recovery is grinding to a halt, raising the risk that the US could fall back into recession and tightening the screws on Washington to resolve the debt-ceiling debate. US will very likely be downgraded; increasing interest rates, and existing Treasurys will lose value on the secondary mkt - from which $62 bil has flown out in the last two weeks. Will affect banks, insurance companies, even the US govt. Scott Minard, manages billions, says the Republicans could have agreed to close some loopholes and the Dems also declare victory. US downgrade has already been factored into the market; higher interest rates will come slowly, not in a straight line; we're in a cyclical phenomenon now, heading into a slowdown. All the recessions and recoveries since WWII, never been a sustained and robust recovery without a sustained and robust recovery in housing, which is not currently on the radar. There's no consumer cash till jobs are more plentiful. There's so much govt in the economy right now, employers are reluctant to jump in and hire; it needs to vamoose a bit and let private business get a toehold.. Housing may come back in five years, might be ten. If we're at bottom now, it sure won't be a V-shaped recovery - we could limp on for another decade. If you're in a home and it's being foreclosed on, you may actually be able to live there for the rest of your life. "Jungle capitalism": when prices fall, entrepreneurs snap it up if they know the govt won't be competing with them. SiliconValley is doing well; mfrg may be coming back.
Sunday/Mon 1250AM EDT (950P Pacific): Exeunt

















