President Clinton Sold Out the Middle Class & Poor- President Obama Follows

When President Clinton signed off on letting U.S. home mortgages be  traded and sold in tranched derivatives he sold out the middle class. Home mortgages and home investments were the fundamental economic security of the middle class and poor in the U.S.A. I suppose some of the wealthy of London were unhappy with having middle class nuggets they couldn't get their hands on so President Clinton willingly gave them what they wanted.

The poor and middle class before President Clinton and his advisers that served President Obama too were free to not invest in the stock market with all its flim flam in quantitative trading. They were free to have somewhat secure investment in their home without worrying about tranched derivatives undermining the housing market. Those days were gone with the Clinton administration though, and now the middle class and poor have no safe investment havens to keep their money in. Instead President Obama has forced them all to be part of an Obamacare corporate health insurance plan so the rich can pluck their pay in every way.

President Clinton also sent U.S. factories south to Mexico signing off on N.A.F.T.A. and because the Clinton-Obama Democrat party won't enforce zero tolerance for illegal immigration from Mexico policy they supported cheap Mexican labor moving north to take over the U.S. low-end labor market. That's a reason why the Mexican economy grows 4% a year and people are investing their with the Mexican economy reaching the top 20 in the world while the U.S. economy has 15% under and unemployed.

The Clinton-Obama team and their sychophants say they just need another four years to add a trillion dollars a year of debt to the people of the United States. Its another bad idea by bad political leaders, from a middle class and poor point of view.

M/V Susitna Up For Sale- A Steal at $80 million?

A county in Alaska (known here as a burrough) named the Mat-Su had a ferryboat built that is ice-breaking capable a little and a landing craft named the Susitna for 80 million dollars. It is likely that it's going to be for sale since the Mat-Su people haven't a way to use it to bring people to their side of Cook Inlet from Anchorage.

http://www.militaryphotos.net/forums/showthread.php?177898-Successful-launch-of-Susitna-Ferry&s=31bf4db2df178390fa3bcc8fe690473d

The boat cost 80 million dollars and was completed in 2010. The insurance on the baot cost something like 3/4 million annually, so the Wasilla Mat-Su people are planning to try to get rid of one of the 'ten most significant boats launched in 2010'. Maybe it could become a toy for the Coast Guard at Nome or be used to cross the Bering Strait seasonally.

This topic incidentally reminds me of the lack of ice breakers that the Coast Guard has-just one ancient and venerable ship. With declining sea ice maybe a new kind of ice breaking tool that could go in front of an ice capable ship to clear the way could be built-something like a barge with sonic, heat and vibrating technology that could be pushed by a tug/push boat or some more conventional vessel.

Instead of making a complete ship it might be cheaper to develop a heavy-ice breaking technology tool to lead the way for boat-perhaps remotely piloted by the following ship crew.

http://www.frontiersman.com/news/m-v-susitna-up-for-sale/article_6d47eefa-f655-11e1-8444-001a4bcf887a.html

The U.S. Navy helped design and pay for the boat as a prototype for the E-Craft, a new kind of landing vessel. It was built in Ketchikan Alaska, near where the famous 'bridge to nowhere' was to be constructed.

image credit- U.S. Navy

Economists & Government Looking Again at Thorium Power

With perennial U.S. energy consumption paradigm malfeasance its necessary to dump energy to compensate for its inefficient use. Americans use about a 100 times more energy per day than a second world citizen, and that' helpful when reliant upon machines for transportation, washing dishes and staying warm. Thorium power plants may be a way to solve the energy crisis without adding to global carbon emissions.

Thorium is less volatile than uranium and in a Molten Salt Reactor less dangerous evidently than the Chernyobyl land mines. There are no Thorium Nuclear Power Plants today and just one MSR plant has been constructed while the U.S. Government is slack on developing Thorium Power Research it seems.

Thorium has less potential for weapons development than uranium power as well as having less long term radiation storage problems, or so the story goes. It could just be more propriatary support that is half-baked of course, yet it is worth looking in to. When global warming gets really bad and the air conditioners never switch off in Toledo they may want a Tahorium Power PLant to cool things down.

Energy Credit-U.S. Department of Energy Nuclear Research Advisory Staff

Elements of the American Political Zeitgeist

I think that manufactured material wealth and totalized social competition brings a lethe effect rather than a mnemosyne to the social zeitgeist in environmental vulnerability-yet that's also an emergent consequence of a social rather than an individual economic environment.

To make governance more rational and fairness in competition better corporations need to be limited in size to 5000 employees and no individual should be able to invest in more than three. Too much networking and concentrated political power outside of  government otherwise.

I was reading about Constantinople circa 1200 recently and of the east and west Roman empires in the 4th century. The Emperors divided up East and West between two Emperors with a vice-Caesar apiece before Constantine. The division of political power and rule today with a global evil empire transcending the U.S. Government and economy locally has created and ungovernable monster from the point of view of national self-determinism that existed say, between 1920-39 and less so as recently as 1989.

Political conventions and treaties are as useful as they are in real effect, and certainly their is much unintentional disingenuity in international relations today with the broadcast media abetting an inertial, unfocused drift toward some millennial goal that G knows where it would 'evolve'.

I think that value-added products such as Thomas Edison made are great, and I like science yet the existential application of such technologies without general social competence on the vulnerability of the ecosphere to depletion if not eradication is extremely dangerous. A what me worry mentality pervades both major national parties these days.

Bottom Trawlers Trash Ocean Floor Habitat- Another One for the Ecosphere Clouseau File

An article in nature reported on research documenting adverse biosphere effects of ocean trawlers running roughshod on the seafloor. The trawling trashes whatever life habitats were sedentary and built up in support of life. Luckily at such depths the seahorse population isn't affected, although I believe they have achieved endangered species status on their own.

Other reports in the broadcast media mention that some of the biosphere population during this period of mass extinction might 'intersect' human life on Earth. Its good that those media minds are aware that their bodies might have a biological foundation too, so if there is a mass extinction going on and some malevolent force is causing it, maybe some clever scientists will discover the culprit one day, some day and legal authorities can arrest them.

http://www.latimes.com/news/science/sciencenow/la-sci-sn-bottom-trawling-20120905,0,6628384.story?track=rss

Quantum Entanglement Tech Makes Another Leap for Information Exchange Distance Record

Scientists working together from a few nations entangled photons that exchanged information 89 miles between two of the Canary Islands in the Atlantic offshore from Spain. With a conventional communications link between two points one may also send quantum information of the quantum state of entangled photons faster-than-light through some sort of not in the grid space of conventional matter.

Because the quantum information of the state or spin characteristics of entangled photons-made up of quarks I think- travels through non-conventional means it allows information exchanges safe from hacking and surveillance-a useful tool for business,conspirators and governments yet not such an excellent scientific motivation.

The quantum state of a few particles-as many as 7 or 8 entangled particles might theoretically be scaled up to allow instant communication between Earth and Mars perhaps,  yet since human beings have a few more particles than that communicating the information of a particular human in order to send a copy instantly someplace else is a way out there-it would cut down on fuel costs of air travel though the individual remaining someplace while a double appears some place else wouldn't enjoy the vacation much.

http://www.space.com/17475-quantum-teleportation-distance-record.html

Jobs Lost Far Exceed Jobs Created in August

The long-term trend of cancelling, outsourcing and downsizing the labor force continues in the U.S.A. through 2012. In the last week of of August there were 365,000 first time unemployment claims while no more  than 202,000 jobs were created in the private sector. That means that the 47 million Americans receiving food stamps will probably see their ranks swell.

The last week of August that had 365,000 jobs lost, the week before it was 374,000 and so on. More jobs being lost than created. Evidently fewer Americans are working presently than in January 2009.

The Obama administation's plan to add five trillion or more of public debt if re-elected would leave a 2016 Presidency with more than 21 trillion of public debt to begin with. The rancorous Democrat congressional unwillingness to raise taxes on the middle class and rich in December 2010 plus the Obama administration forcing through an multi-trillion dollar middle class health care bill during hard times for the poor adds to the budget top-heavy stiltification of the U.S. economy. Just one foreign war and stoppage of middle east oil production would send the entire economic house of cards into depression with possible collapse of the value of the dollar.

The 2007-2008 mortgage and banking crises were constructed during the Clinton years of financial deregulation with Al Qaeda also building up its attack potential during the Clinton decade era of failure to reconstruct and manage foreign intelligence gathering, yet the Obama construction of a new depression would exceed the capacity for domestic industry to dig itself out of that quagmire since so much American production was outsourced while the nation developed a financial related services and non-material production core that fails to deliver during low growth eras.

The black hole lurking out there for the labor force is the millions of illegal aliens that will surge anew into the U.S.A. to take jobs if the economy recovers even modestly thus softening the labor wage market further.

note- the data used in this post are approximations of Dept of Labor reported numbers.