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Everything posted by Luke_Wilbur
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It is quite apparent that our financial institutions have the tiller when it comes to economic direction. Both public and private institutions are thinking globally for investments and acquisitions. Are we ready as a nation to commit to this direction?
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America Must Pay Debts and Fix Infrastructure
Luke_Wilbur replied to a topic in United States Politics
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News Corp. Hacking Allegation in the U.S. as DOJ Review Begins
Luke_Wilbur replied to a topic in Business
This is a serious allegation. We should wait until DOJ makes a statement. -
Manchin would be ruined in West Virginia if he did not express the sentiment of the birthplace of the oil and gas industry. I wonder if this is really is QE3 in disguise? Manufacturing was slowing down. The dollar was getting weaker. Something had to be done and the Federal Reserve was getting real heat from its Quanitative easing. http://www.iea.org/press/pressdetail.asp?PRESS_REL_ID=418 International Energy Agency (IEA) Executive Director Nobuo Tanaka announced today that the 28 IEA member countries have agreed to release 60 million barrels of oil in the coming month in response to the ongoing disruption of oil supplies from Libya. This supply disruption has been underway for some time and its effect has become more pronounced as it has continued. The normal seasonal increase in refiner demand expected for this summer will exacerbate the shortfall further. Greater tightness in the oil market threatens to undermine the fragile global economic recovery. In deciding to take this collective action, IEA member countries agreed to make 2 million barrels of oil per day available from their emergency stocks over an initial period of 30 days. Leading up to this decision, the IEA has been in close consultation with major producing countries, as well as with key non-IEA importing countries. The IEA estimates that the unrest in Libya had removed 132 mb of light, sweet crude oil from the market by the end of May. Although there are huge uncertainties, analysts generally agree that Libyan supplies will largely remain off the market for the rest of 2011. Given this loss and the seasonal increase in demand, the IEA warmly welcomes the announced intentions to increase production by major oil producing countries. As these production increases will inevitably take time and world economies are still recovering, the threat of a serious market tightening, particularly for some grades of oil, poses an immediate requirement for additional oil or products to be made available to the market. The IEA collective action is intended to complement expected increases in output by these producing countries, to help bridge the gap until sufficient additional oil from them reaches global markets. “Today, for the third time in the history of the International Energy Agency, our member countries have decided to act together to ensure that adequate supplies of oil are available to the global market,” Mr. Tanaka said. “This decisive action demonstrates the IEA’s strong commitment to well-supplied markets and to ensuring a soft landing for world energy markets.” Total oil stocks in IEA member countries amount to over 4.1 billion barrels, and nearly 1.6 billion barrels of this are public stocks held exclusively for emergency purposes. IEA net oil-importing countries have a legal obligation to hold emergency oil reserves equivalent to at least 90 days of net oil imports. These countries are holding stock levels well above this minimum amount, currently at 146 days of net imports. (http://www.iea.org/netimports.asp) The IEA Governing Board will within 30 days of this notice reassess the oil market, review the impact of their coordinated action and decide on possible future steps.
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There is no reason why we could not use nuclear technology. We have the capibility to build safe units. Currently Nuclear power plants generate nearly three-fourths of America's clean-air energy. The Calvert Cliffs plant has been safely producing energy for Maryland since 1975. http://www.nei.org/
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It will be the banks that decide this, not our government. There are also other battery solutions coming down the pipe. http://www.polyzion.eu/ Current battery technologies for hybrid (HEVs) and small electric vehicles (EVs) have technological, costs or environmental limitations. Despite this, the global market for HEVs and EVs is growing rapidly and is expected to top $2billion by 2015. The PolyZion project aims to create a new class of fast rechargeable zinc-polymer battery for hybrid and small electric vehicles applications. The research program combines fundamental material and process advances in ionic liquids, rechargeable zinc electrodes, ultra-fast pulse charge injection techniques and conducting polymers, as well as constructing prototypes battery units for industry standard testing. The resulting battery device will be low cost, have low environmental impact and have the energy and power density necessary to compete with alternative battery technologies in the HEV and EV markets. PolyZion is a European-led consortium combining world-class research organizations in ionic liquids, conducting polymers, zinc deposition, pulse charging and batteries, as well as SME partners with expertise in technology development and specialised materials, and large industrial partners with industrial experience of battery manufacture and state-of-the-art testing facilities. The consortium also includes 2 organisations with world-class research expertise from an 'Emerging Economy' (Russia) and a 'High Income' country outside the EU (Canada).
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How are we to secure commodities when we have nothing to do with them. We are just now starting to once again focus on batteries that for decades we outsourced. Although, the majority of electronic components that require lithium are MADE IN CHINA. That is why they need the resource. When our manufacturing base begins to grow, then we will gain purchasing power again. First we need to nurture our collective intelligence to better understand where we are economically in the world marketplace. We just have to win the technology race. That starts with our schools. I see robot competitions in the Midwest. We need to start treating teachers NOT like glorified babysitters and give them the same respect as doctors and lawyers.
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I am not a fan of apocalyptic constructs that implore our Creator to now purge mankind. There is no grace in frightening the faith of the innocent looking for greater purpose in life.
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When I was in the Scouts we played the telephone game around the campfire. One boy would whisper a story in to the person next to them, then that boy would whisper what they heard to the person next to them, etc... By the time the story had circled around the fire to the original person the story had completely changed.
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United States Takes Steps to Make Economy Better
Luke_Wilbur replied to Luke_Wilbur's topic in Economy
We need to better understand the definition of our economic system. We as a People need to better understand of the the history of Capitalism and the world of finance. We as a People need to better understand the role of a transaction in a totally unpredictable world, where we better forecast our future, creating a highly secured software judicial system that better flags and records all public markets financial anomalies of buyers/sellers. A dynamically updated anomalies report would be sent to Regulators to review and take action. After a reasonable period of time the report should be declassified, so the public can review it. Maybe this type of report would give us all better perspective and values, so that our leaders in all three branches of government can better serve all Citizens equally. Promote Made in the United States Made in USA Made in America -
Here are the latest Rudy Rucker feeds. http://feeds.feedburner.com/rudyrucker
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When are we going to start talking about fair trading and currency practices from our trading partners. We waste taxpayer dollars sending government officials on corporate jets traveling around the world all the time negotiating on the People's behalf with no results. We live in the information age, so lets use it. We should start balancing currency with tariffs. If a foreign country is subsidizing an economic sector we should either give deficit neutral loans to USA manufacturers and/or raise tariffs on our trading partner. If foreign labor rates are too low, then we should either give deficit neutral loans to USA manufacturers and/or raise tariffs on our trading partner. Instead of promoting Spend Globally, we should start promoting Made USA. My State is Wild and Wonderful. Instead of going abroad why not visit our United States. We are lucky to be caretakers of this land of the American Dream. Let's put aside the bad, and focus on the good we can do. Let's focus on jobs that we can bring back or create. To make this happen we need to use the resources we have and stop giving them away to our foreign competition. Finally, the Treasury needs to require that the money they give to the Federal Reserve which gets loaned to the banks has to be used primarily to give reasonable loans to Small Business and manufacturers. This money should not be loaned back to the Treasury at interest.
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Here is the link that Human gave. Click Here After reading this article I can believe that the British are worried about their control of the area. I also hope that negotiations can be done to avoid another conflict. The islanders should consider gaining independence from both sides. The oil reserve is huge. They should be the ones to benefit from it. But, we should be worried that China is making deals in an area that we used to control. Energy independence is still far off. We need all the oil we can get.
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Contacting Cornell. http://topics.law.cornell.edu/justanswer_interstitial took me to I posted to the form: I got this response http://www.law.cornell.edu/uscode/ Went to contact us page instead. http://topics.law.cornell.edu/contact Going to ponder my next move.
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I wanted to know the status of my question I submitted. The Law Library Reading room 202.707-5079 James Martin sent me a response Looks like congress has no legal definition for the term America.
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This is a fantastic idea. I wonder why no one is talking about it?
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My family taught me it was the pursuit of Life (Self), Liberty (Personal Freedom), and Happiness (American Dream). Our rights are equal as Citizens regardless of our riches and past history.
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What can be more fair than to admit everyone into the divine presence on the basis of forgiveness grasped by their personal faith in the Uncreated Creator? Matthew - Chapter 5
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Is She a)Israel b)Palestine c)all the above I pick C.
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Buy American Act Mar. 3, 1933, ch. 212, 47 Stat. 1520 - http://uscode.house.gov/uscode-cgi/fastweb.exe?getdoc+uscview+t41t42+23+1++%2841%29++AND%252 According to the Federal Trade Commission, "Made in USA" means that "all or virtually all" the product has been made in America. http://business.ftc.gov/documents/alt101-selling-american-made-products-made-usa-claims
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Searching for the legal definition of the term America. The first place I contacted is: American Historical Association 400 A St., SE Washington, DC 20003 tel. (202) 544-2422 fax (202) 544-8307 A friendly gentleman politely stated that none of his staff could be of assistance, but told me write to the organization at: aha@historians.org I look forward to the response. I have also inquired at the Library of Congress. Awaiting their response. Found a good quote from George Washington to Lafayette - February 07, 1788 The original source can be found at: http://gwpapers.virg...lafayette1.html Here is another good one.
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I can answer this one. The President placed goals that cannot be obtained. Palestinian recognition of Israel and allowing Israel to defend itself "by itself."
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A friend of mine sent me this. I wonder what purpose 0501 serves to a secret society?
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LOL. That is the truth. I would like to see what the doomsayer has to say now. Watch this sister of Harold Camping supporter gets very upset by this young man's presence. Her actions were not that Christian to say the least. I wonder if there will be a postponement until December 21, 2012? http://www.twitvid.com/NKUGF
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I wonder how much is being spent on the operation.