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Bunkers, Food, Armor: Disaster Prep Hits Mainstream
Posted by truther on April 16, 2012
Im not sure when the tipping point occurred, but at some point recently the prepper movement exploded and became mainstream.
Preppers are folks who detect the possibility of calamity and decide to increase their odds of surviving it by putting aside supplies. Putting things by essential throughout most of humanitys existence was common in the United States up until advances in transportation logistics brought about the just in time shipping model. Suddenly, we could get almost any supplies delivered fresh and year-round to massive community stores. What our grandparents called lean times became a thing of the past for even the poorest Americans.
The expectation that we could always get whatever we wanted whenever we wanted it took a couple of hard jolts around the turn of the 21st century: predictions regarding the Y2K bug created a resurgent interest in self-sufficiency, which was further rekindled by the 9/11 terror attacks. A decade later, fears of nuclear terrorism, misunderstood popular views about the end of the Mayan calendar, and ginned-up fears of catastrophic climate change, economic collapse, and violent weather patterns have grown what was once a fringe culture.
I didnt realize how mainstream it had become until Costco sent me an e-flyer: Get Your Home And Garden Stocked For An Emergency And Save! It promoted emergency preparedness, the top suggestions being a month of food storage supplies and emergency garden seeds.
Modern prepping has come a long way from the survivalists of the late 1990s. That wave focused on military supplies, weapons, and tactics, and was in many ways limited by their options. Earlier survivalists had even fewer options they focused on hoarding and protecting supplies in remote cabins. Yet todays preppers have a dizzying array of gourmet shelf-stable foods, green power options, and even custom-built housing to meet their particular survival needs. Additionally, enterprising companies now cater to nearly every desire the preppers can dream up.
National Geographics Doomsday Preppers series featured an episode with prepper Peter Larson, and displayed the work of Paul Seyfried and Utah Shelter Systems. An underground bunker built by Utah Shelter Systems was the core of the Larson familys preparation plans, and with good reason. The underground bunkers manufactured by the company and shipped almost anywhere are designed to withstand nuclear, biological, and chemical disasters, and being buried yards underground, they are secure from all but the most determined marauders.
So what kind of person drops a bare minimum of $47,590 on a complete shelter and tens of thousands more on land, installation, and provisioning? Mr. Seyfried fiercely guards the confidentiality of his client list, but will volunteer that it includes international bankers, hedge fund managers, attorneys, doctors, oil company geologists, business men, and movie producers.
Like any business, the bunker business has cycles and has seen business expand and contract as events bring awareness of their products. After 9/11, the company experienced an increase in sales in the Northeast, centered around New York. Texans have purchased the largest number of shelters, and they range across the Southeast and Southwest, typically as shelters against the common natural disasters that strike the southern part of the country. The most commonly purchased shelter is the $60,750-plus 10′x50′ shelter which offers the best cost per square foot, and customers typically order more bunks to add capacity. Most bunkers go to individual families, but there are some small bunker communities of well-heeled preppers coming together for mutual support.
The vast majority of preppers want to set aside shelf-stable foods. Many are looking for just several days or weeks worth of supplies to get them through normal seasonal disasters, such as hurricane season in the Southeast, the blizzards that hit in northern parts of the country, or the threat of tornadoes that extends across the Midwest and South. Brandon Garrett of The Ready Store sees customers across the country come to his company for 72-hour emergency kits, food storage items such as dehydrated or freeze-dried foods, and other emergency supplies.
Disasters arent the only thing preppers are spending their dollars on. Some look at the economy and prep for the very real possibility of unemployment. Garrett reports:
While some might be preparing against floods others might be preparing against drought or unemployment. I think the major psychographic that connects our customers is a sense of independence and self-sufficiency. They want to be prepared for anything that may be in the future whether that is a natural disaster, a man-made disaster, or unemployment.
Many of The Ready Stores customers follow a pattern that seems to apply to similar stores as well. Customers will often buy a decent initial food supply such as a three-month supply and augment that base of supplies as their time and budget allow.
Preppers are also cognizant of the fact that if an event does strike, being prepared is just part of the equation. As we witnessed in New Orleans after Hurricane Katrina, even the normally law-abiding will resort to out-of-character barbarism if they think it necessary to ensure their survival or the survival of their families.
The past response to the threat of violence has typically been to acquire firearms, preferably guns with more capacity and range than anyone you expect to be causing trouble. It hasnt been until recently that the thought of stopping any inbound fire has become socially acceptable. A company called US PALM is in the process of changing that by creating and successfully marketing body armor designed for the civilian market.
The Defender series of soft body armor is the companys civilian-focused entry-level armor, designed explicitly for the nightmare scenario of a homeowner hearing a door or window smashed open in the middle of the night. The Defender is designed to strap on in less than five seconds, and provide the homeowner with a level of protection against most common handgun (up through .44 Magnum) and shotgun ammunition one would expect in a home invasion scenario. Priced inexpensively (for body armor) at $199 for a single front panel and with the option of adding rear panel for just $99, Defender has also taken off among preppers, allowing them to armor themselves and their families with at least front panel protection for the cost of a set of rifle-stopping armor worn by our troops. It has sold particularly well in the Ohio River Valley, though Rob Anderson, US PALMs director, wont hazard a guess as to why Defender sells so well in that area.
The media still demeans the more extreme preppers making bizarre preparations for what most people consider unrealistic scenarios such as polar shifts or the Mayan apocalypse but with the current global economic situation, the carnage of recent natural disasters, and the fragility of power grids, other scenarios are no laughing matter. Putting things by like our grandparents did is now regarded by many as a wise investment against uncertain times, and like any market, there are smart businesses willing to cater to this growth market.
Bunkers, Food, Armor: Disaster Prep Hits Mainstream | Pakalert Press
Black Blade: There are several "survival" shows on television these days with people against the elements in the wilderness as well as some "self defense" shows on various cable channels. It's only natural that this popular programming morphs into firearms, self defense as well as "prepping" and "survivalism" television. The question is whether it's a fad or a whole sea change of interest. The economy is not doing well as many people have dropped out of the workforce, some taking early retirement and others prepping ahead as unemployment increases and the expectation that violent crime will subsequently increase - not to mention a rapidly growing police state with more restrictions on liberty and freedom as the US Constitution is eaten away and suspended.


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Shows how to create a simple web application with professional layouts, web forms, user authentication, and mobile integration with ASP.NET MVC.
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The pudding (it's where the proof is).
We're firm believers in the concept of 'show, don't tell'. So instead of telling you we're awesome, we wanted to show you all the cool stuff we've done so you can see for yourself.
Squiz Speaks Invest in empathy 30 July 2015
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Squiz Speaks UX essentials 20 July 2015
Insight The Geek Speak Glossary: A Guide to Tech Acronyms #1 17 July 2015
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Case Study University of New England Large-scale website modernisation and content migration UNE needed to dramatically modernise their web presence and migrate content from a legacy CMS to a more advanced system that could provide security as well as scalability for the future. 14 May 2014
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Case Study House of Tickets House of tickets creates customer engagement through automation Because of their rapid growth, House of Tickets needed to move away from relying on irregularly updated spreadsheets and move to a streamlined process for managing leads, quotes and projects in order to provide better service to their customers. 9 December 2014
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News Have no fear, Matrix 5 is here! Matrix 5 has been a long time coming and we've included all the newest, shiniest features that'll help you do your job better every single day. 28 April 2014
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Squiz Speaks B2B with Social Media: Which Network should you choose? 9 December 2014
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Download Build Your CMS Checklist Discover how you can meet both your tech and marketing needs with this free checklist. 30 March 2015
Insight Supercharge your Site with Super Content Super Content isn't so much a thing as it is a concept - like localisation or personalisation. At its core, it is content that is made more impactful through being intelligently assembled by a search engine, then compiled into a webpage that looks like it was custom-built for the user. 28 January 2014
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Case Study City University London True integration and best practice consulting When they came to us, City University's marketing team had been running their website on a legacy CMS that made it incredibly difficult for them to make even the simplest changes to their website content and layout. They were frustrated with the lack of control and flexibility and were looking for a CMS that would empower them to truly own their site. 2 January 2014
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Case Study Leighton Holdings Overhauling an ageing group of websites in weeks. Squiz gives an ageing group of websites an overhaul in a matter of weeks. 2 January 2014
Case Study Bodleian Libraries A library full of content gets a modern makeover Bringing the past into the future with Oxford University Library. 2 January 2014
Insight 5 Reasons CIOs Love Matrix You already know how powerful and intuitive Matrix is in your hands - find out why CIOs love it too. 21 June 2013
Case Study WorkSafe Victoria Migrating content to the Squiz Cloud with ease The Squiz cloud provided a clear benefit in managing customer satisfaction and revenue collection during peak periods. 1 January 2004
Case Study V&A Seamless integration and website consolidation Squiz gives a classic landmark a modern overhaul with Matrix. 2 January 2014
Insight Content is King Bow down to marketing's new monarch. 11 June 2013
Insight Sense and Securability Why we're leading the pack with new Squiz Plus agreements that give our clients true security, reliability and peace of mind. 3 May 2013
Insight The UX Experience The birth of User Experience and why it's a vital part of any web project. 26 March 2013
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Case Study The Australian Science Media Centre Streamlining CRM with the ASMC. The Australian Science Media Centre links journalists with experts to improve community understanding of science related topics. The centre needed to streamline the program and develop a new website to support staff in scanning world news journals for news-worthy science stories still under embargo that could then be provided to Australian journalists. 9 December 2014
Insight The Best Things in Life are Free Why Open Source is the future of technology. 26 March 2013
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Insight Demystifying the Cloud We cut through the smoke and mirrors to get to the heart of what cloud really is. 4 April 2013
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Squiz Speaks Can CRM Truly be Social? 9 December 2014
Insight This Time it's Personal Personalisation is this year's buzzword - but is it all it's cracked up to be? 26 March 2013
Case Study Manukau Institute of Technology Opening doors to growth with a scalable web environment Increasing efficiencies through smarter CMS. 1 January 2004
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article Squiz Year in Review 2012 What our UK team is proud of in 2012. 26 March 2013
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News A Trans Tasman Tale Why we love New Zealand (and why it loves us back). 10 May 2013
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Download Matrix Integration Cheat Sheet 24 April 2014
Case Study Australian Strategic Policy Institute eCommerce, Social Media Integration and Responsive Design make for a smashing success ASPI were looking for a web solution that would improve their e-commerce capabilities and to grow their web presence from their dominance in the defence industry to the general public. 10 April 2014
News Squiz Approved by AGIMO 11 February 2013
Case Study Timaru District Council Timaru District Council Timaru District Council aspired to standardise their web environment, modernise their design, deliver accessible, useful and usable content/functionality and become a centralised shared service platform for their community and surrounding area. 12 May 2014


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Saturday, November 2, 2013 - Sunday, December 1, 2013
11:00 am - 4:00 pm
Cost: $6/adult; $5/ages 60 & up; $3/child
Sponsored by Stitching Pretty of Laurel, Montpelier hosts the 18th Annual Needleart Exhibit. This year's theme is "A Trip Down Memory Lane." Judges choose winners in several categories, and you are invited to vote for the "People's Choice" award. To enter a piece in the show, go to www.stitchingpretty.com and click on "Events."
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Office of Academic Services
Where Student Success Begins!
Welcome to the Office of Academic Services! Kent State University at Ashtabula is committed to providing the academic services needed to assist in your college career. Whether that means seeing one of our subject tutors, registering as a student with a disability, or taking a proctored test for a distance learning course, we are here to help.


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- Bellman Equations (1)
- Consumption-investment Problems (1)
- Finance (1)
- Health shocks (1)
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- Markov Processes (1)
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- A dynamic programming approach to constrained portfolios (2012)
- This paper studies constrained portfolio problems that may involve constraints on the probability or the expected size of a shortfall of wealth or consumption. Our first contribution is that we solve the problems by dynamic programming, which is in contrast to the existing literature that applies the martingale method. More precisely, we construct the non-separable value function by formalizing the optimal constrained terminal wealth to be a (conjectured) contingent claim on the optimal non-constrained terminal wealth. This is relevant by itself, but also opens up the opportunity to derive new solutions to constrained problems. As a second contribution, we thus derive new results for non-strict constraints on the shortfall of inter¬mediate wealth and/or consumption.
- Life insurance demand under health shock risk : [Version: 7 February 2014] (2014)
- This paper studies the life cycle consumption-investment-insurance problem of a family. The wage earner faces the risk of a health shock that significantly increases his probability of dying. The family can buy term life insurance with realistic features. In particular, the available contracts are long term so that decisions are sticky and can only be revised at significant costs. Furthermore, a revision is only possible as long as the insured person is healthy. A second important and realistic feature of our model is that the labor income of the wage earner is unspanned. We document that the combination of unspanned labor income and the stickiness of insurance decisions reduces the insurance demand significantly. This is because an income shock induces the need to reduce the insurance coverage, since premia become less affordable. Since such a reduction is costly and families anticipate these potential costs, they buy less protection at all ages. In particular, young families stay away from life insurance markets altogether.
- Consumption and wage humps in a life-cycle model with education : [version 11 june 2014] (2014)
- he observed hump-shaped life-cycle pattern in individuals' consumption cannot be explained by the classical consumption-savings model. We explicitly solve a model with utility of both consumption and leisure and with educational decisions affecting future wages. We show optimal consumption is hump shaped and determine the peak age. The hump results from consumption and leisure being substitutes and from the implicit price of leisure being decreasing over time; more leisure means less education, which lowers future wages, and the present value of foregone wages decreases with age. Consumption is hump shaped whether the wage is hump shaped or increasing over life.


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Retail can be very puzzling
"I often use the analogy of puzzle-making when I moderate strategy sessions with clients. Why? Because it provides a framework from which to fuel the conversation and the ideation that moves an organization or a brand forward," writes Hamacher Resource Group VP Dave Wendland in his latest blog entry.


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Wind: 0 mph
To The Editor:
Regarding our United States of America November presidential election: Do we want four more years of the same old, same old and our country in this condition? No!
Never before have we seen our U.S.A. in such shape, never. We've got wars and spending and taxes and everything going out of sight with our country.
Our jobs are going overseas with business holdings. Our banks are going down and some out. Do we want another four years of the same? The Republican presidential candidate, for sure, has lots of experience in wars and I am sure is well qualified, but follow our past Republican leaders who support him and the war will continue.
Our new president should vote to keep Airforce One to fly only to our 50 states and stay in the U.S.A. and mind our own business and keep our troops home here to protect us. There are modern ways to stop 9-11s and missiles to intercept foreign aggression. Stop the killing of our young people in the military whom we all love dearly.
The old political story -- our leaders can fool some of the voters some of the time but not all the voters all the time. Vote for a change folks.
R. Bob Kingsbury


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Interesting Things
- New Relic is presenting at our Tech Talk this week. Expect good information about using their real-time performance monitoring tool on your Rails projects.
- Pivotal Tracker, our home-grown Agile project management site, should get even more beta tonight. Users should be able to create their own projects! Check it out.


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Buy Tickets An Evening with Joss Whedon
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An Evening with Joss Whedon
May 29, 2013
The Film Society of Lincoln Center is thrilled to welcome Joss Whedon for a conversation about his career. The talk will be immediately preceded by a special sneak preview of his new film Much Ado About Nothing, which opens at Film Society on June 7! Read more »


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During this time of the year, as acts of generosity and appreciation
abound, I'm drawn to the works of the painters and draftsmen of the
Ashcan School, which thrived during the early 20th century. This group
of artists—among them Robert Henri, Everett Shinn, John French Sloan,
and William Glackens—were united by a commitment to drawing and
painting the people and places of their daily lives. Sometimes this
meant focusing on the underbelly of society, but many of the works were
really just about depicting reality. Their artwork shone a light on the
plight of the people who were part of the community in which these
artists lived.
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Amanda Double Snap Wallet
Crafted from Italian pebbled leather and finished with a tonal logo, the Amanda Double Snap Wallet is a classic way to store your essentials. The convenient design features plenty of slots for your cards, ID and money — and a tab closure ensures your belongings stay safe and secure.
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Leather and nylon lining.
Height: 4 3/4"(12cm).
Length: 4 3/4"(12cm).
Depth: 1 1/4"(3.1cm).


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Find your major
Use the toolbox to the right to browse the academic offerings at the WSU Pullman and WSU Spokane campuses.
Academic offerings include 95 majors, 86 minors, and more than 100 in-major specializations — so your degree will reflect your interests and strengths.
Other campuses
Academic offerings at the University's other campuses:
- WSU Tri-Cities
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See our page for undecided majors for ideas on getting the most from WSU while you're deciding what major suits you best.


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Touchstone Communities® provides health care services, including skilled nursing, rehabilitation and Alzheimer's care.


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What is an Inter-Governmental Organization?
An Inter-governmental Organization (IGO) is defined as "an organization composed primarily of sovereign states, or of other intergovernmental organizations. IGOs are established by treaty or other agreement that acts as a charter creating the group." (Union of International Organizations website.)
A 'conceptual' definition of an IGO is:
- [IGOs are] entities created with sufficient organizational structure and autonomy to provide formal, ongoing, multilateral processes of decisionmaking between states, along with the capacity to execute the collective will of their members (states).
Volgy, Thomas J. et al. "Identifying Formal Intergovernmental organizations." Journal of Peace Research 45:6 (2008) pp. 849-862
Duke University Libraries hold significant collections of international organizations materials, especially from the United Nations and the European Union. Duke also has a collection of League of Nations documents.
Non-Governmental Organizations (NGO) Guide.
- AccessUN
- EUR-Lex: Access to European Union Law
- International Development Organizations Web Archive
- Official Journal of the European Union
- United Nations Official Documents System (UN ODS).
- Yearbook of the United Nations, 1946-2007
- World Health Organization Documentation Archive
- World Health Organization Library & Information Networks (WHOLIS)
IGO Custom Search Engine
The IGO Custom Search Engine searches across hundreds of IGO websites, enabling users to research topics such as human rights, development, environment, education, HIV/AIDS and health from IGOs like the United Nations, World Bank, UN Development Program (UNDP), Organization for Economic Cooperation and Development (OECD), European Union, Organization of American States, the Asian Development Bank and many others.
This Google Custom Search Engine (CSE) is a project of the International Documents Taskforce (IDTF) of the American Library Association (ALA). For more background on this project, including a growing list of IGOs included in the search, please see the IDTF wiki.
- Int'l Debt Statistics
- IEA Statistics
- IFS - see IMF eLibrary
- OECD and IEA Statistics
- OECD Data Lab
- UN comtrade
- UNdata (free)
- World Bank Data (free) Incl. World Development Indicators (WDI) and Global Development Finance (GDF)
- World Development Indicators (WDI Online)
For help with data sets, statistical software, and GIS/digital mapping programs please contact: Data and GIS Services
Subject Librarian
Christof Galli
Duke University Libraries
Box 90195
Durham, NC 27708-0195
Office: inside 227 Bostock Library
Fax: (919) 668-3134
Middle East/Islamic Studies
International Governmental Organizations
Non-Governmental Organizations
Noteworthy IGO
League of Arab States | جامعة الدول العربية
The Arab League or League of the Arab States is a regional intergovernmental organization of Arab States in the Middle East and North Africa formed in Cairo on March 22, 1945. Seven states formed the League, defining its main goals as to: "draw closer the relations between member States and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries."
To find materials in Duke's Libraries about the Arab League, click here.
Nobel Prize for IGO
Recognizing the problem of potential global climate change, the World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP) established the Intergovernmental Panel on Climate Change (IPCC) in 1988. It is open to all members of the UN and WMO.
IPCC - How does it work?
IPCC - Meeting Documentation
IPCC Reports
IPCC Working Groups/Task Force


text: Too Faced A Few of My Favorite Things Palette ($56.00 for 2.59 oz.) includes twenty eyeshadows (each containing 0.06 oz. of product, which is more than the average full-sized eyeshadow of 0.05 oz.), two blushes (0.28 oz. each, equivalent of a full-sized blush), two bronzers (0.28 oz. each, slightly smaller than the average full-sized bronzer), full-sized Lip Injection Color Bomb! (in Bee Sting), and travel-sized Better Than Sex Mascara (0.17 oz. vs. 0.27 oz. for full-sized). The kit contains $360 worth of eyeshadow, $48.00 worth of blush, $48.00 worth of bronzer, $21.00 worth of lip product, and $14.50 worth of mascara. Note, the eyeshadow value uses Too Faced's only not-discontinued single eyeshadows ($18.00 for 0.06 oz.), but the majority of individual Too Faced eyeshadows seem to have been discontinued/cleared out. Too Faced listed the value of the set at $436, and based on my calculations, I actually had a total value of $491.50. Either way, it's plain that the palette contains a ton of product for your money. Plus, you get a large makeup bag (though it's slim, so it won't expand too much width-wise).


text:
Red House, Jimi Hendrix Experience, followed by Highwire, Rolling Stones.
I don't believe in the word "the", apparently.
Darth Vader is becoming the Mickey Mouse of Star Wars.
"In Brooklyn, a castle, is where dwell I"
The use of a lightsaber does not make one a Jedi, it is the ability to not use it.
"I went to Star Wars Celebration VII in Anaheim, and I didn't get even a lousy t-shirt."
sadly carppy Lady Gaga.....my office only gets in Z100 and it's like they play a new Lady Gaga song every other 5 minutes....it's horrible.
Looking for CW 2010 Sidious and TX-20...if anyone can help it would be greatly appreciated. thanks
[FONT=Courier New]A LOT of AC/DC.[/FONT]
[FONT=Courier New][/FONT]
[FONT=Courier New]They keep re-running that AC/DC Iron Man 2 Shoot to Thrill "video" in the electronics department at Target and using various AC/DC songs in the TV trailers, so I am pretty much ready for next week![/FONT]
[FONT=Courier New]"First of all, never bad mouth synergy..."[/FONT]
I dunno if it's true, but I read somewhere that AC-DC has never released a greatest hits album because, if they were ever to do so, it allows the label to release subsequent greatest hits collection without their approval. So Iron Man 2 is, in essence, their second movie soundtrack that's a greatest hits collection without being called such. If it's true, pretty clever. I still think they might be surprised if they just allowed their songs to be downloaded on iTunes and Amazon; they'd make a killing off "You Shook Me All Night Long" alone.
Tommy, close your eyes.
Darth Vader is becoming the Mickey Mouse of Star Wars.
"In Brooklyn, a castle, is where dwell I"
The use of a lightsaber does not make one a Jedi, it is the ability to not use it.
"Breaking the Law" just makes me think of Beavis & Butt-Head.


text:
This followup to our wildly popular first such titled movie again showcases a series of hot stars as they get down and nasty in hot bareback hardcore action. Coverbo
Love is in the air as well as hot boy jizz in Bareback Lover 2. 5 couples pair up, fuck, and explore each other's bodies in that special way that only exists between
Got a sweet tooth? It' s good to indulge sometimes. It' s okay to dive into the sweet and sinful. Witness some sugar-coated fun as these boys dip their candy rods in


text:
|no news_id given
Conflict in Syria has so far forced thousands of Syrian refugees to cross borders in search of safety. Help us to protect them.
Fearing for their lives, hundreds of thousands of families in the Central African Republic have fled their homes, many having witnessed brutal violence. Help us to protect them.
2013 was a year of crises, disasters and emergencies. How many refugees were there in the world? See the international facts and figures.


text:
Garmin 2.0 Liter Pump & ECU Kit for TR-1 Gladiator Autopilots
This listing is for the Garmin TR-1 Gladiator 2.0 Liter Pump & ECU Kit (103-0002-00). It must be combined with a Gladiator Core Pack to complete the autopilot system. For configuration information, or to see what else you might need, click here for our Garmin TR-1 Gladiator Guide.
The Garmin TR-1 Gladiator's patented Shadow Drive technology allows manual course changes to be made from the helm without disengaging the autopilot. So, you never have to "wrestle" the system for control - or put the autopilot into "standby" mode to gain access to the wheel. The advanced Shadow Drive sensor will automatically send a command to the course computer when is senses your hand-steering inputs, allowing you full control of your vessel at any time. Just grab the wheel and turn for instant course changes on the fly. Then, once you've steered the boat onto its new course, simply release the helm and the autopilot will automatically resume control. If you know how to steer your boat, you know how to run the Gladiator. It can be installed on most powerboats with hydraulic steering. And it can interface with any Garmin GPS or NMEA 0183 compatible chartplotter for pushbutton navigation to selected waypoints or routes. With patented processing technology, the TR-1 Gladiator steers to maintain a constant magnetic heading. Control response is fast, smooth, precise. And heading data can easily be output and displayed on your Garmin network-compatible chartplotter.
You Won't Miss the Rudder-Angle Transducer
Most marine autopilots have a separate rudder feedback sensor, and they're a royal pain in the you-know-what. Prone to high failure rates and stuck in a remote, hard-to-reach area of the boat, these finicky electro-mechanical sensors are the # 1 source of autopilot headaches and product failures industry wide.
So, TR-1 got rid of them.
Using patented mathematic algorithms and technology, the Garmin TR1 calculates its own rudder rate command from a combination of compass, gyro and engine tachometer inputs. So, it doesn't need a remote rudder-angle sensor to measure this feedback. Voila: No more transducer maintenance or replacement. No more downtime for sensor-related repairs. The TR-1's rudder rate is calculated by a high-speed digital microprocessor and sent to the pump controller 20 times a second, thus assuring unsurpassed reliability and lightning-quick steering response.
Bottom line: There's less to go wrong, and way more to go right, when you team up with a Garmin TR-1 Gladiator.
G-Limited Turns for Smooth Response
No other autopilot in the TR-1 Gladiator's class can match it for turn rate control and smoothness. It responds effortlessly at virtually any speed - and can easily be set to hold position against wind, waves or heavy current. Plus, it'll even steer in reverse!
Whether you're accelerating or decelerating, the TR-1's response is fast, precise and automatic. Unlike most autopilots, which only provide one or two turn rate settings based on boat speed, the Gladiator lets you make stress-free turns based on the G-force felt by its included rate gyro. As a result, turns at slower speeds are sharp and efficient - while at higher speeds they remain smooth and comfortably coordinated. No jerking. No wavering. No stomach-churning surprises.
With a TR-1, the good turns just come naturally.
Maximum Control at Your Fingertips
Garmin's TR1 Gladiator system represents a significant breakthrough for owners of all type of hydraulically steered powerboats: Inboards, outboards, stern drives, diesels - almost every configuration imaginable.
The standard wired controller unit can be mounted near the helm or used as a handheld mobile portable. For multi-station use, the Gladiator can easily be set up with two, three or more control sets to allow for a handheld at every station. A handy Heading/Resume button on the controller lets you instantly save your current heading - and then return to it when the button is pressed again. Better still, for the ultimate in onboard freedom and convenience, an optional wireless remote - roughly the size of an automotive keyless entry "beeper" - offers full remote steering control with pushbutton simplicity.
Do We Detect a Pattern Here?
Automating turns and maneuvers with the TR-1 Gladiator gives boaters and fishermen a real on-the-water advantage. Its operation is pushbutton-simple, and any number of pre-programmed turns and maneuvers can be selected: zigzag patterns, timed circles, step turns, U-turns, etc. Plus, a GPS interface lets you set up search patterns, cloverleaf patterns and orbits (to starboard or port) around a pre-selected waypoint. In an emergency "man overboard" situation, a press of the MOB button cues the TR-1 to perform a perfect Williamson maneuver - the offset teardrop-shaped 180° turn considered best for returning the boat quickly to the victim's position. There's no GPS interface required for the MOB function. And in addition to being a great safety feature, you can also the use MOB button to auto-return your boat to any spot that looks promising for fishing, diving, or anchorage.
Non-GPS Patterns:
Zig-Zag: When you press the button on the controller, the TR-1 will begin to zig-zag across the heading line you were tracking. The zig-zag angle and length are user-selectable.
Circles: Great for staying with the fish, circle patterns are user-adjustable. Select lap times from 1 to 90 minutes.
Step turns: Automated turn angles can be preset from 1° to 90°. For each press of the controller button, the TR-1 will perform the selected degree of turn.
U-Turns: For quick course reversal, this Gladiator feature lets you select automatic U-turns (to starboard or port) at the press of a button.
Man Overboard: MOB is a standalone feature, no requiring GPS. Performs standard Williamson maneuver to return boat 180° to the point where MOB was activated. Can also be used as a return-to-fishing-spot function.
GPS-Interfaced Patterns:
Cloverleaf: A useful pattern for repeatedly passing over a point where you think fish may be holding. Mark the center of the cloverleaf with a waypoint in your GPS. Length of the cloverleaf pattern is adjustable from 500 to 6,000 feet.
Search Pattern: Make an outward spiral from a waypoint marked on your GPS to search within a given area. You may set the spacing between laps from 50 to 1,000 feet by 50-foot increments.
Orbits: The autopilot will orbit the active waypoint in your GPS at a user-selected radius distance from the waypoint. Great for staying where the fish are hanging around a structure.
Package Includes
Gladiator Pump & ECU Kit (103-002-00) includes:
- Electronic Control Unit
- Hydraulic Pump
- Wiring
You May Also Be Interested In...
- Wrist / Fitness GPS
- Automotive GPS Units
- Handheld GPS Units
- Chartplotters / GPS
- Fishfinders / GPS
- Motorcycle / ATV GPS
- Two-Way Radio / GPS
- Safety & Tracking
- Camping & Outdoors


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The mission of the University of Oklahoma Helmerich School of Drama is to educate theatre artists, scholars and teachers, preparing them to enter their professions with a knowledge of evolving industry standards; to perpetuate theatre art by encouraging and nurturing the development of new artistic endeavors; and to provide a variety of theatrical productions and programs of excellence to Oklahoma audiences.
- Aug04Art Adventures
- Aug11Art Adventures
- Aug14Association Event: Members Meet-Up
- Aug18Art Adventures
Drama Students Receive National Awards
Helmerich School of Drama students (l to r) Kamron McClure, Ethan Hartman, Gabby Reyes, Josh Bonzie, Jake Lozano.
Washington D.C. April 22- Five University of Oklahoma Peggy Dow Helmerich School of Drama students were awarded national honors at the Kennedy Center American College Theatre Festival (KCACTF) held in Washington, D.C., April 15‐19, 2014. Hundreds of schools and thousands of students from across the country compete at state and regional festivals for the right to showcase their work at the national KCACTF held every April at the Kennedy
Center in Washington, D.C.
Helmerich School of Drama Mission Statement
Welcome to the University of Oklahoma Helmerich School of Drama! As you browse our site I hope you will get a glimpse of the scope and strengths of our program, the second oldest university dramatic training institution in the nation. Approaching our 90th birthday, we have long been known to deliver a conservatory style education in conjunction with the benefits of a liberal arts environment housed within one of the premier institutions of higher learning in the Midwest.
We are different by design. The training is intense and demanding, preparing you for the realities of a career in the professional industry. Our curriculum is taught by an ensemble of dedicated educators and artists; highly sought professional actors, directors, designers, and stage managers who continually work in their respective fields to maintain national profiles in the industry. Our alums include Academy Award winners, Emmy Award winners, and Tony Award winners. OU School of Drama grads have prolific careers in absolutely every avenue of show business: from Broadway producers, agents and theatre owners, to Hollywood film executives, casting directors, and international film and television stars…the "Sooner Mafia" is everywhere!
Please take a moment to discover why ours is one of the finest drama schools in the nation. Visit our site often to find exciting new additions to our season and programs. If we can be of assistance, please contact us directly at any time.
Best regards and Boomer Sooner!
Tom Huston Orr
James Garner Chair
Director, Helmerich School of Drama
Auditions & Recruiting Events
The University of Oklahoma preliminary auditions and interviews are held at regional thespian conferences throughout the country. To reserve an audition/interview time, please call the Helmerich School of Drama office at 405-325-0546 or email firstname.lastname@example.com.
Off-Campus Recruiting Events 2013-14:
- Texas Educational Theatre Association (TETA): January 25-27
- New York Unifieds: February 2 & 3
- Chicago Unifieds: February 4-6
- Las Vegas Unifieds: February 7
- Los Angeles Unifieds: February 9 & 10
- Georgia Thespian Festival: Feb 7-9
- International Thespian Festival: June 24-29
On-Campus Audition Dates 2014-2015:
- Audition I - November 15
- Audition II - February 14
- Audition III - March 7
University Theatre Productions for 2014-2015
Carrie The Musical
Sept.19 - 28, 2014, rated R
La Finta Giardiniera
October 2- 5, 2014, rated PG-13
Contemporary Dance Oklahoma
Oct. 24-Nov. 2, 2014, rated PG-13
Little Women
Nov. 14-23, 2014, rated G
Young Choreographers' Showcase
January 22- 25, 2015, rated G
Carmen in Concert
February 6, 2015 and February 8, 2015, rated PG-13
La Cage aux Folles
Feb. 27-March 8, 2015, rated R
Oklahoma Festival Ballet
April 3-12, 2015, rated G
Summer and Smoke
April 24- May 2, 2015, rated PG-13
- cancelled -
The Rocky Horror Show
Feb. 12-14, 2015
Weitzenhoffer Theatre
Rated R


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The Ashe County Department of Social Services Low Income Energy Assistance Program (LIEAP) still has roughly $36,000 of its $75,424 allotment to assist households in need with their heating bills this winter, according to Work First Family Assistance Supervisor Jennifer Parsons.
"One reason it's slow to spend is the specified criteria," Parsons said.
Only households with at least one member age 60 or older or a disabled member receiving services through the Division of Aging and Adult Services are eligible to receive benefits from Dec. 1 through Jan. 31 or until funds are exhausted, according to the N.C. Division of Social Services.
To qualify, a household must include a U.S. citizen or eligible non-citizen, meet income requirements, not have more than $2,200 in monthly resources, and be responsible for its heating bill.
Any household can potentially receive LIEAP benefits from Feb. 1, through Mar. 31, if funds are still available, according to NCDSS.
The program, which gives families a one-time vendor payment to help with their heating bills, works with all gas and heating oil vendors in Ashe County, Parsons said.
Parsons' office also administers the federally-funded Crisis Intervention Program (CIP) which provides assistance to households that have difficulty affording to heat and cool their homes year-round.
The program offers up to $600 per year in direct vendor payments. Applicant families must have at least one U.S. Citizen or eligible non-citizen, meet an income test, and have a "heating or cooling related emergency" as defined by program criteria.
"It can't just be a disconnect notice," Parsons said.
But, while LIEAP funding was up nine percent over last year, CIP received $170,753, down from $219,928 – a 22 percent cut. And, unlike LIEAP funds, CIP money spends very quickly, she said.
Crisis Intervention Program funds typically come in two allotments per fiscal year, she said, and are gone within a few days to a couple of weeks. But applicants are encouraged to check back from time to time, as additional allotments are sometimes made available without notice.
"We can always use donations," Parsons said. "The need is greater and the money is less."
Some extra funding does come from charitable funds and private donations, she said. Tax-deductible donations of heating and cooling equipment are also accepted, but they must be new.
The programs serves most of their applicants, Parsons said, with LIEAP assisting 183 of 206 applicants this year, and CIP assisting 451 of 462.
But, she said, when the temperature drops and snow begins to fall, her office may get 50-60 calls a day from people needing assistance who are not eligible. Those who do not qualify for assistance are referred to other community service organizations like Blue Ridge Opportunity Commission and Ashe Really Cares.
Applications for LIEAP and CIP are taken at Family Central 626 Ashe Central School Road, Jefferson. Office hours are 8 a.m.-5 p.m. Monday-Friday. For more information, call 336-982-7800.


text:
Look forward to following your growth progress!
I know the bench press is so cliche, but:
Cool, Im interested to see where it takes you. I had always learned that you need significant rest and recovery for mass. Are you able to explain a little of the mechanism for me?
I have come to believe that the body can handle almost anything you can throw at it….and praise God for that! I used to be very entrenched in a way of thinking that really impaired my training. I wouldn't dream of bench pressing for example if my chest was still sore from a previous workout, or squatting if my legs were sore.
One of the big factors that shattered my pre-conceived notions was a Russian program named Smolov. My squat sucked (still does, but that isn't Smolov's fault!) and I desperately needed to improve it. I began reading about different programs and eventually settled on Smolov. It called for squatting 4 times per week at absolutely insane percentages of 1 rep maximum. And when you first start the program, your legs are absolutely crushed with DOMS. But a surprising thing happens, they get used to it, surprisingly quick in fact. Within the first 10 days or so, you are no longer crushed by DOMS. Your legs become recovering machines. While increasing my bodyweight by 4.7% on Smolov, my legs increased in girth by 7.6%. So that tells me that they were more than just recovering from the program, they were adding quality muscle mass.
Before that was ABC's Hyperplasia challenge (my journal for that: http://www.abcbodybuilding.com/forum...ad.php?t=89552 ) I designed my own split for that based on a lot of what I had read from Chad Waterbury. He was/is a proponent of high frequency. That was my first true experience with double sessions and hitting a muscle group more than once per week. I felt it was successful. Funny thing was, I wanted everything I did to be verified by science. So I started scouring the ABC Journal of Hyperplasia. DUP in particular was a subject that fascinated me. Here is the article: http://www.abcbodybuilding.com/periodization3.pdf
This is a gross over simplification, but science supports the idea that using movements 3 times per week can be more effective than once per week.
Finally, during my recent fat loss attempts, my mind was opened further. I again employed double sessions, but now I was in a caloric deficit (my first time I was bulking). I was recovering from my workouts, setting PR's in the gym and doing it all while losing fat! How, on earth did this happen!
Well, obviously with all of my examples (Smolov, Hyperplasia Challenge, recent fat loss), you cannot be an idiot. I was eating right and sleeping (fairly) well (anyone who reads my journal knows that I throw in an occasional sleepless night working a midnight shift!). I also wasn't training to failure. This is not to say that I wasn't intense. Watch some of my videos and you will see that I can be intense. But I knew if I was going to train with high frequency, I couldn't push myself to mechanical failure.
Not sure if you read T-Nation, but there was an article recently which was a great summary of the science of hypertrophy (article here: http://www.t-nation.com/free_online_...phy_specialist )
Thanks to CT over at T-Nation, I have been dragging my tire a lot, this is referred to as eccentric-less training. I believe this has dramatically helped my recovery. The eccentric portion of the rep is where most muscle damage occurs. Further, sore muscles are not conducive to glycogen replenishment. Again, scouring ABC articles to back up everything with science, from the precontest week article ( http://www.abcbodybuilding.com/precontestweek.pdf ):
I hope that helps you see the rationale behind how I set up my program.
Something else I am excited about regarding training 3 times per day, I just crunched the numbers and I am taking in 81% of my daily calories within 1 hour of training! I should theoretically be a nutrient partitioning MACHINE! I also take in a whopping 92% of my daily carbs within 1 hour of training.
So, last night, I got an idea to name this phase of my training. HardCory has done it, Workout Machine previously named his program, Defying Gravity, and I would like to join their ranks. It is corny, but I call it: Get Big or Die Trying.
AM – Strength
Flat Bench Press superset with Wide Cable Rows, 65x8 reps after each bench set
157.5 (plus 5) 217.5x3
Rack Bench (5 inch off chest)
217.5 (plus 5) 247.5x3
Lunch – Eccentric-less
Tire Drags
Chest Press 50 superset with Lat Pulldown 50, 3 sets
Chest Fly 25 superset with High Row 75, 2 sets
Chest Press 50 superset with High Row 75, 1 set
Tricep Pushdown 25 superset with Bicep Curl 50, 2 sets
Even though I didn't fast yesterday, I still decided to feast today, ahh, the benefits of bulking.
Thanks to the additional carbs, I felt like I had a massive pump and looked absolutely huge after my tire session!
James 1:16-17 ESV
Do not be deceived, my beloved brothers. Every good gift and every perfect gift is from above, coming down from the Father of lights
With God's help...Mens sana in corpore sano
Last edited by Commander; 10-29-2010 at 04:34 PM.
I know the bench press is so cliche, but:
"Strength is the product of struggle, you must do what others don't to achieve what others won't."
Competition PRs-
Squat: 463 Bench: 275 Deadlift: 529 Total: 1262
"Technique is always the first place to begin when striving to improve at a specific skill."
My YouTube Page
cant argue with science!!!
my youtube channel: http://www.youtube.com/kbarry86
finally got camera, more vids to come!
Friday Evening - Volume Bench Session
Flat Bench superset with Wide Cable Row 65x8 each set and with Ab Bench 50x8 each set
172.5x5, 6 sets
Rack Bench superset with Ab Bench
192.5x8, 5 sets
OH Tricep Extension
50x9, 6 sets
Light Tricep Pushdowns for the pump
Saturday - Legs
Front Squat
122.5 (plus 10) 182.5x3
182.5 (plus 10) 232.5x3
Half Squat off pins
232.5 (plus 20) 312.5x5
SLDL superset with Leg Curl
120 (plus 20) 220x5 with 60x6 ,6 sets
Leg Extension with Sissy Squat
100x8, 4 sets with BWx8, 4 sets
Tire Work
Forward Sprints, 75
Backward Drags, 75
4 sets of each
James 1:16-17 ESV
Do not be deceived, my beloved brothers. Every good gift and every perfect gift is from above, coming down from the Father of lights
With God's help...Mens sana in corpore sano
BW+2.5 (plus 5) BW+42.5x5 then worked back down
BW+32.5 (minus 10) BW+12.5x5
Bent Row
92.5 (plus 10) 172.5x5
120x14, 13, 12
102.5x8 Q reps (double contraction at top), 3 sets
Tire Work
Forward Sprint, Backward Drag 75, 2 sets
Lat Pulldown 50, 3 sets
High Row 75, 3 sets
Stiff Arm Lat 25, 3 sets
Bicep Curl superset with Ab Wheel Rollouts
62.5x12, 12, 12, 10, 10, 10 with BWx8, all sets
James 1:16-17 ESV
Do not be deceived, my beloved brothers. Every good gift and every perfect gift is from above, coming down from the Father of lights
With God's help...Mens sana in corpore sano
So, couldn't fall asleep until well after 2 a.m. I was reading "Brief History of Time", then watched a "Making of Walking Dead" special. My brain was just running in hyper mode. My fault I guess, I typically try to stay away from TV and computer at night. And reading about complex physics just gets my brain going.
I am super excited to watch this new "Walking Dead" series on AMC. I prefer fast "zombies" like those found on "28 days later", but I have heard good things about the Walking Dead series.
In spite of not sleeping I got up and trained. I figure every time I wake up and train I am building a habit and helping break my neurotic behavior (of being anxious that I won't get enough sleep). For example, if I can't fall asleep at 11pm, I, theoretically, shouldn't stress because I can think back and remember training at 6am after only getting slightly more than 3.5 hours of sleep. That should help me relax and actually fall asleep.
Monday - OH Press Day
OH Press superset with Upright Cable Row
62.5 (plus 10) 102.5x3
107.5 (plus 5) 132.5x3
Push Press
132.5 (plus 5) 162.5x3
OH Rack Press - pins at eye level superset with Upright Cable Row
72.5 (plus 10) 112.5x3
117.5 (plus 5) 137.5x3
OH Press
OH Rack Press
Diet Update
Bulk Started October 25, 2010: 173.5
Bodyweight average this week: 172.8 (yes, that's right, I lost 0.7 lbs on my bulk!)
Previous Macros - 2268 cal, 72 fat, 235 carb, 171 protein - PWO - 3108, 80, 347, 251
New Macros - 2648, 89, 276, 185 - PWO 3488, 97, 388, 265
Middle of last week, I had to add a serving of nuts to my afternoon because my lunch shift (and hence, meals and paraworkout nutrition) got moved earlier, making a very long gap between lunch and dinner. Today, I added 2 scoops of oats.
James 1:16-17 ESV
Do not be deceived, my beloved brothers. Every good gift and every perfect gift is from above, coming down from the Father of lights
With God's help...Mens sana in corpore sano
Looking crazy lean Commander.
Discipline makes you mentally and physically tough!
Currently making everything stronger!!
Once I stick to the program I am going to get really strong.
|christian thibaudeau, hfs, smolov, starting strength
|Thread Tools


text:
About Scholarly Year
The Icahn School of Medicine at Mount Sinai aims to produce physicians who are lifelong learners, able to grow as the field of medicine develops. This will enable them not only to provide the highest quality medical care to their patients, but also to fulfill themselves intellectually.
Within the four-year School curriculum, medical students have many opportunities to enrich their education, but these experiences are limited by required course work and clinical responsibilities. Hence, a growing number of students elect to spend a full year carrying out a scholarly project of their choice.
Some students opt to conduct a research project in order to obtain mentored, one-on-one research training, while others engage in a service or advocacy project with a faculty mentor. Such experiences not only enhance the ability to be a lifelong learner, but may also help students to identify an area in medicine in which they would like to work after graduation.
The Scholarly Year program is available to students who are in good standing, have completed their second or third year of medical school, and choose to devote a year to conducting research or working on another type of scholarly project. The Scholarly Year, which may be conducted either at the Icahn School of Medicine or another approved site, offers students a more intensive research experience than otherwise possible.
Exploring a Scholarly Year
Students considering a Scholarly Year first meet with Dr. Zier or Dr. Wyatt in the Medical Student Research Office to discuss their plans. They receive assistance with identifying national fellowship programs that support their goals and objectives, such as the Howard Hughes Research Scholars Program, or the NIH Medical Research Scholars Program, as well as other sources of funding to support a scholarly year. Help is also available in identifying a mentor at Mount Sinai.
Scholarly Year projects must ask a question of scientific, social, or other scholarly value, and must be feasible within the time frame available. Research topics in the humanities as well as the sciences are encouraged. All projects, other than those done as part of a national research fellowship program, must be approved by the Medical Student Research Office in order to ensure the experience will result in a rich, productive year.
For further information, please review the Scholarly Year Guidelines.
Karen Zier, PhD
Associate Dean for Medical Student Research
Tel: 212-241-4429
Send email
Christina Wyatt, MD, MS
Associate Director
Tel: 212-241-4429
Send email
Grace Oluoch, MBA
Program Administrator
Tel: 212-241-4429
Send email
Alecia Williams
Program Administrator
Tel: 212-241-4429
Send email
Icahn School of Medicine at Mount Sinai
One Gustave L. Levy Place
Annenberg 13-30, Box 1257
New York, NY 10029
How to Succeed and Have Fun During a Lab-Based Research Year [PDF]


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Japan was the world's most admired economy in the '80s. Then it was the world's most despised economy in the '90s. By 1995, economists pointed their fingers and laughed – the world's most admired businessman had lost his left shoe.
But now, much of the world is barefoot. The US inflation rate has been going down since the early '80s and was cut in half since last year. It now hovers barely above zero. Surely Japan – where prices have been falling for two decades – has something to tell us. As we pointed out last week, the Nipponese have been in decline for the last 20 years – with lower stock prices, falling real estate prices, and a falling GDP. Even the population has been sliding for the last five years
This week the Japanese decided to throw some more grit on the slope. Japan's central bank governor, Masaaki Shirakawa, said he was boosting his "special loan facility" by 10 trillion yen, about $120 billion. And Mr. Naoto Kan, Japan's Premier, said he would support the central bank, adding a "second pillar of stimulus' of some 920 billion yen. The numbers always sound impressive in yen. But they are unlikely to give the economy much traction.
Professors Ken Rogoff and Carmen Reinhart studied 15 economic crises over the last 75 years. What they found was what you'd expect: real recoveries in the post-Keynes era are rare. Instead, in the 10 years following a crisis, economic growth rates are lower and unemployment is higher than in the years preceding the crisis. In two thirds of the episodes, jobless rates never recovered to pre-crisis levels, ever. And in 9 out of 10 of them, housing prices were still lower 10 years after the crisis ended.
"Our review of the historical record, therefore, strongly supports the view that large, destabilizing economic events produce big changes in the long-term indicators, well after the upheaval of the crisis. [Up to now," the authors warn, "we have been traversing the tracks of prior crises. But if we continue as others have before, the need to de-leverage will dampen employment and growth for some time to come."]
It was perhaps this scholarly warning that roused Shirakawa to action, with Ben Bernanke right behind. Neither wants to be known as the central banker who followed in the footsteps of losers. Urged on by sages and simpletons, they will print money. "It falls to the Fed to fuel recovery," writes Clive Crook, one or the other, in The Financial Times. "Under the circumstances," he writes, "better to print money and be damned." At last week's conference in Jackson Hole, Wyoming, the Americans promised to print more money, if needed. Shirakawa rushed home early so he could turn on the presses right away.
We would have more faith in central bankers if they had not been responsible for causing the crisis in the first place. Shirakawa joined the Bank of Japan more than 30 years ago. Ben Bernanke, an expert on the Great Depression, joined the Fed in 2002; he was standing at Alan Greenspan's right side, with a pin in his hand, years before the bubble reached a crisis level.
"In a sense," said Professor John Taylor, also at Jackson Hole, "the Fed caused the bubble." That is, in the only sense that matters – they kept the key lending rate too low for too long. Now they are about to make another monumental mistake. No, two of them.
The first is already in progress. By promising the world extremely low rates for an "extended period" of time, they have created the exact conditions they wanted to avoid. President of the St. Louis branch of the Federal Reserve, James Bullard, explained that the Fed had unwittingly put the economy into an "unintended steady state." The key rate cannot go any lower as prices sink; it is already at zero. It cannot go higher, either, not as long as inflation remains below the target. So, it does not move. The private sector has come to expect no policy response, Bullard concludes, "so nothing changes with respect to nominal interest rates or inflation." As in Japan, the US economy remains in a coma.
The second major mistake is still ahead. Quantitative easing is a new weapon. It is not meant to kill dollar holders or bond buyers. It is intended merely to scare them with a little bit of inflation. But with the Fed's QE shotgun staring him in the face, an investor may doubt the Fed's promise to pull the trigger "just a little." He will drop the dollar and US bonds and run. Inflation will soar.
Here at The Daily Reckoning, we have argued that it is coming…but not soon. Our opinion hasn't changed. We're just getting tired of waiting.
Bill Bonner
for The Daily Reckoning
Since founding Agora Inc. in 1979, Bill Bonner has found success in numerous industries. His unique writing style, philanthropic undertakings and preservationist activities have been recognized by some of America's most respected authorities. With his friend and colleague Addison Wiggin, he co-founded The Daily Reckoning in 1999, and together they co-wrote the New York Times best-selling books Financial Reckoning Day and Empire of Debt. His other works include Mobs, Messiahs and Markets (with Lila Rajiva), Dice Have No Memory, and most recently, Hormegeddon: How Too Much of a Good Thing Leads to Disaster. His most recent project is The Bill Bonner Letter.
This calm before the inflationary storm is a blessing… savvy buyers will quietly accumulate gold and silver.
I can only laugh when the term "historical" is used to describe the most recent 75 years. The situation the United States finds itself in today is far more similar to the Spanish Empire 4 centuries ago than anything remotely like Japan of the 1980s.
And it has little to do with the nature of fiat money, though history going back much further than 75 years provides ample evidence of what we can expect next.
The similarity to Spain in the 17th and 18th centuries stems from the universal acceptance of both regimes currency. Just as Spain had a near unlimited supply of gold, so too has the United States had a completely unlimited supply of dollars.
In both instances, the reserve status of the nations currency along with nearly limiless supply of said currency, could only result in one outcome: The near complete extermination of the local economy by imports purchased abroad.
We can focus on the debt crisis, the financial crisis, or any number of other microeconomic phenomonen. But in the end, it is the reserve status of the dollar that has caused the current depression, and the only hope for any real relief lies in the failure of the currency itself.
If the currency failure is followed by the immergence of institutions that genuinely understand the importance of capital allocation in a productive society (as opposed to the current allocation that only benefits executive compensation) -then, and only then, can the seeds of economic recovery be planted.
But back to "history" again for a moment. Amongst those of us who collect world coins, anything struck since the year 1600 is considered "modern". History is generally much better understood when viewed from the vantage of centuries. This is especially true when viewing and understanding the rise and fall of civilizations.
When our currency is accounted for by looking at a countries holdings of..say treasuries, what is the process of accounting for..shifting or spending?
Lets say that a Chinese pension fund aquires a company ..POTASH.. for X Billion and in that purchase they use US treasuries.
Where would one find the shfting of holdings. Could it be that China has far less holdings than we think? If I were in their position, I would be happy to spend all that US FUNNY MONEY aquiring Natrural resourses and other companies. All the while keeping a political front by purchasing more each month…to make it look good. Any answers?
Economists– especially Keynesians– and central planners would benefit from taking freshman physics. Newton demonstrated that for every action, there is an equal, opposite reaction. Economic machinations are not exempt from this law. One cannot easily measure the effects of individual Fed actions as easily as a freshman can demonstrate the effect of one ice skater pushing on another, but the effects of the economic actions still must be counterbalanced. In our current sorry state, less action would seem to be the wiser course.
This point of view is one held in our family for the last few years. We have warned friends and family not to incur debt and at our earliest opportunity (2006) sold our house before the full impact of sub-prime was felt. I am merely a housewife, my husband a meat-cutter and we had two children still in school (one in university and one preparing to enter). Why then, were we able to see this crisis in the making when so many highly educated, highly trained, 'in the loop' economists, advisors and politicians were so blind?
Stan, if China has been on a buying spree, that would certainly be smarter than hanging on to all those USD.
But the problem with foreign properties is that there is little security of tenure without having some really serious military power-projection ability.
Otherwise, the title deeds are just paper when a third world gov't decides to nationalize an industry. If you can't send in the Marines to go topple that government, then your foreign investments cannot be very safe.
The only country in the world that has the power to keep its foreign assets safe is the USA. The USA also markets its enforcement services capability to its allies and partners. The investor classes in all countries are indirect beneficiaries of US-backed global enforcement services. That's why global investors have not punished the USA for its economic follies–they're propping up the "too big to fail" guarantor of all foreign investments!
However, this is a problem for China. If the Chinese begin to seriously rival the USA, then the Americans are unlikely to employ their enforcement services on China's behalf. Instead, it wouldn't be surprising if they install and support governments that are keen to nationalize Chinese investments.
It's easy to imagine that after Chinese money builds a pipeline in central Africa, that some colonel or another topples the gov't shortly after the work is finished, and takes it over with the stroke of a pen. The Chinese object furiously, but then the Americans praise the work of the new democratic government of …
So, unlike the Euros or Japanese, the Chinese might figure they need to build up their own global enforcement services sector. But that's very expensive and the lead times are long. The USA would also, presumably, wish to preserve their present near-monopoly of the global enforcement services market.
All I can say is run for it. There is nothing that this ship of state or the world state can do but blindly sail through the darkness until we hit the proverbial iceberg. If you think gold is going to save you there will be plenty of people that will gladly relieve you of that burden.
"the Nipponese have been in decline for the last 20 years – with lower stock prices, falling real estate prices, and a falling GDP. Even the population has been sliding for the last five years"… yes but job wise they have outperformed the U.S. hands down. Their current unemployment rate is 5% half of that as the U.S. I think the average American wants a job and couldn't care diddly squat about the stockmarket, deficits or special loan facilities.
Careful – IF gold becomes the only thing of value, the Government will surely seize it.
Do you have a Plan B?
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Bill Bonner explains why gold stands in the way of the government and welfare statists, and the process of deficit spending...
Mark Nestmann reports on what Congress and Obama plan to do with your retirement assets...
Greg Canavan discusses China's currency peg to the dollar, and whether or not a break of the dollar-yuan peg is coming...
Charles Hugh Smith explains the perfection of consumerist narcissism, in which the only goal is maximizing private gain by whatever means are available...
These days the energy sector is filled with pitfalls. Oil? Natural Gas? Uranium? Coal? These sectors have faced immense pressure over the last few months – and the bloodletting may not be over. But what if I were to tell you there's another energy sector on the verge of collapse? Major players – seemingly safe investments -- may soon be at risk.


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Byrant, Guthridge, McGeorge highlight Hall of Fame class
Four people with connections to UNC Chapel Hill will be enshrined in the N.C. Sports Hall of Fame this year.
Running back Kelvin Bryant, men's basketball coach Bill Guthridge, sports information director Bob Quincy and photojournalist Hugh Morton, a UNC alum, will represent the Tar Heels in the Class of 2013, it was announced Monday.
Former Duke and N.C. Central assistant football coach Rich McGeorge and NHL Hall of Famer Ron Francis also are among the 11 selections. The 50th induction banquet is May 2 at the Raleigh Convention Center.
The other inductees are fast-pitch softball pitcher Wade Garrett, Gold Glove second baseman Tommy Helms, high school football coach Marion Kirby, Special Olympics standout Marty Sheets and tennis champion Mildred Southern.
"The achievements of this year's class of inductees enrich our state's remarkable sports heritage, and they certainly earned the honor of joining the 289 men and women who have been previously enshrined," said Dr. Janie Brown, president of the Hall. "This is our 50th class and we will have a program to celebrate this special time in our state's sports history."
Bryant is one of three Tar Heels to rush for 1,000 yards in at least three seasons (1980-82), and he set an ACC single-game record with six touchdowns against East Carolina. The Tarboro native was a three-time first-team all-ACC selection and earned the USFL player of the year award in 1983 before playing with the Washington Redskins.
Guthridge was Dean Smith's assistant for 30 years before taking over and making the Final Four in two of his three seasons at the helm. He played or coached in 14 Final Fours, more than any other person in NCAA history, including 12 at UNC and one each as a player and an assistant coach at his alma mater, Kansas State.
Quincy, who worked at UNC from 1962-66, won the state's Sportswriter of the Year award five times, while Morton, who died in 2006, photographed UNC football and basketball from the 1940s into the current millineum, capturing everyone from Charlie Justice to Vince Carter.
McGeorge, who played tight end at Elon and for the Green Bay Packers, is a member of the College Football Hall of Fame. He was the offensive line coach when Duke won the ACC title in 1989 and later returned to the area as an assistant at Duke and N.C. Central.
Francis, who has lived in the Raleigh area since retiring from the NHL, is fourth in career points, third in games played and second in assists behind only Wayne Gretzky. He currently is an associate head coach and director of player personnel for the Hurricanes.
Ticket information for the banquet is available at www.ncsportshalloffame.org or by calling 919-845-3455.