Saturday, July 07, 2012

The Ripple Effect of Barclays.


Tick, tock, tick, tock, tick, tock.
I am sure there will be litigation for losses to investors. They are correct to close the funds. The funds which remain have to be preserved to return to investors while funds remain. When the fund stabilizes Morgan and others will know the extent of the damage.
The nightmare of 2008 never ends.
The banks are out of control. They cannot manage their investments and are seeking criminal and corrupt ways. They are still playing with margins. The problem is the margins aren't margins, they are the margins of the margins and they haven't got control because there is no control to be had.
They are too big. Either that or their management is too few.
Why move to London? What for? This has had to play into the losses in the Morgan portfolio at some level and is the reason they needed experts. That is just a guess.

J P Morgan spokeswoman Kristen Chambers (click title to entry - thank you) said the New York bank's investment arm temporary closed the funds we think it will help prevent further dilution in yields, which is in the best interest of clients."

J P Morgan's move was first reported by Bloomberg News.

On Thursday the European Central Bank cut its main refinancing rate to a record low 0.75 percent in the wake of grim economic data. The lower rate could send investors looking for new places to put cash to work, such as in money funds.

But money fund managers are hardly looking for more cash from investors. U.S. fund operators have been squeezed by low interest rates and have slashed fees just to keep clients invested in the cash-management vehicles.

Operators of equity mutual funds often close the vehicles to new investors when managers have difficulties finding new places to invest cash. Peter Crane, publisher of the cranedata.com website, said money funds have also been temporarily closed in response to low interest rates, such as in 2009 and 2010 at several U.S. Treasury money funds.

The Equator is spinning of storms on a regular basis, isn't it?

July 7, 2012
1830:18z
UNISYS Water Vapor GOES West Satellite (click title to entry for 12 hour loop - thank you)


There is no quick fix here. Scientists began to tell governments about this over fifty years ago, but, Republican wealth politics stopped the progress that was needed to PREVENT this. 


PREVENT IT. There is no fixing it. 


The continued use of carbon as fuel is the biggest joke in the world. The natural gas industry will have everyone believe they emit far less CO2 than coal. 


So what?


The population continues to grow. Simply substituting a less dense form of carbon dioxide emission over another isn't going to matter as the population grows. 


Let's just say Coal is the highest polluting carbon agent of all forms of fuel. So, we'll assign it 100% polluting of CO2.


Let's say 100% of the population uses coal. So the saturation of CO2 emissions is as high as it gets. 


Then comes along natural gas claiming they are 50% less CO2 emissions than coal. Right?


So, 100% of the population converts to natural gas for energy. The entire CO2 emission is 50% of what it is with coal. But, the population keeps growing and there is now 50% expansion of CO2 emission before 100% is reached again. That means 50% of the population can increase before the emissions are back at 100%, but, it does not end the problem.


Converting to natural gas from coal or oil is only "Kicking the Can further down the Road."


The idea human beings can continue to emit greenhouse gases if the density of the emission is lower per Joule of energy is the worst measure of reduction in dangers to the climate. Each Joule of energy may emit less CO2, but, that does not solve the problem. 


Each Joule of energy produced for human consumerism has to have a goal of 0% greenhouse gas emission in order to actually solve the problem. 


In addition to the complexity of the energy circumstances of First World nations is the reality Third World nations have no financial resources to change their methods of energy. Heck there are some tribes still using slash and burn.


But, that isn't all of it. Earth is in a negative feedback loop. The high temperatures, loss and stressed carbon sinks and the melting ice caps are causing other dynamics emitting methane from what was frozen beds.


The emitting of CO2 and greenhouse gases has to stop.


Just that simple. It is too late to think and debate it anymore. It is unfortunate it is not a good political strategy.


July 7, 2012
1838 gmt
Weather Channel Global Pacific Satellite Image


July 7, 2012
1820 gmt
The Weather Channel Mexico Satellite Image


July 7, 2012
1817 gmt
The Weather Channel Tropical Atlantic Satellite Image

The heat deaths are rising, huh? This is going to sound odd, but, the Department of Labor is ahead of the curve.

The dynamics to hydration can't be ignored by anyone. There is also a salt component even some runners don't pay attention to. The reason runners might not be making the cognitive connection to salt/sodium/Na is because that is part of the sports drink hydration. Those drinks can be expensive, so salt tablets will to the same thing. 


This website is part of OSHA’s nationwide campaign to raise awareness among workers and employers about the hazards of working outdoors in hot weather. The educational resources page gives workers and employers information about heat illnesses and how to prevent them. There are also training tools for employers to use and posters to display at their worksites. Many of the new resources target vulnerable workers with limited English proficiency. OSHA will continue to add information and tools to this page throughout the summer.


Link: http://www.osha.gov/SLTC/heatillness/index.html

Hydration and salt content of the body are important because it comprises sweat. It is sweat that keeps the body cool. The idea there has to be an elaborate air conditioning infrastructure at this point is inaccurate. Fans can serve to cool people as well as an air conditioner so long as their body content for sweat is intact.


Air moving past a wet body due to sweat or a dip in the pool will facilitate DISSIPATION of body heat. The skin will even come to feel cool, but, don't cover it with a way to maintain warmth. The idea is to allow the skin to becomes cool while the blood circulates through those capillaries to maintain internal body temperature. Now, don't seek HYPOTHERMIA whereby the internal body temperature drops that is just as deadly, but, in hot air circumstances, having COOL, NOT COLD skin will maintain the internal body temperature at a reasonable level to prevent heat stroke or otherwise.


When Heat Stroke occurs or any heat stress for that matter occurs it means the body systems are already stressed and probably will not recover by simple means, HOWEVER, offering water, pouring water on the skin, applying ice to wrists, forehead and ankles are all legitimate methods of helping. The idea is to cool down the body temperature, but, at this point there also has to be hydration to return body functions. But, if hydration is not available cooling the body is reasonable with transportation as soon as possible an emergency room or free standing Emergy Center or if any of those are not reasonable, any medical facility where trained professionals will help.


The best venue to children and elderly is in a group situation where they can be observed and intervention is reasonably within reach. Neighborhoods should realize where their elderly and children are to be sure they are not dehydrating.


CHILDREN react to environmental heat FIVE TIMES FASTER than adults.


I was going to explain it, but, it is better if John Hopkins does that. It will add brevity to the legitimacy to the concern I have for children. They are usually thought as bundles of energy. That image can be dangerous if unwitting parents don't understand heat stress happens fast in children.

What are heat-related illnesses? (click here)

Exposure to abnormal or prolonged amounts of heat and humidity without relief or adequate fluid intake can cause various types of heat-related illness. Children and adolescents adjust more slowly than adults do to changes in environmental heat. They also produce more heat with activity than adults, and sweat less. Sweating is one of the body's normal cooling mechanisms. Children and adolescents often do not think to rest when having fun and may not drink enough fluids when playing, exercising, or participating in sports.
Children and adolescents with chronic health problems, or those who take certain medicines, may be more susceptible to heat-related illnesses. Children and adolescents who are overweight or wear heavy clothing during exertion, such as marching band or football uniforms, are also more susceptible.
There are three types of heat-related illnesses:
  • Heat cramps
  • Heat exhaustion
  • Heat stroke
Children simply don't understand the world. They don't have to, that is why adults give care to children. Children can be told they have to drink more or report not feeling well early. Children should not be second guessed they are simply seeking attention. They should be seeking attention. A child should not be made to believe they are a pest or annoying. Spoiling children are very helpful strategies during heat events. Seriously. Children need to be minded by adults during times when it is very hot outside.


Activities of swimming, arts and crafts, board games and quiet time are excellent ideas during the hot times of day. All the running and playing games can be conducted during cooler times.


I make a caution to parents obsessing about hydration. Parents love their children and will seek to intervene when it may not be necessary. Obsessing about hydration can be dangerous, too. Over hydration is not good. A parent needs to observe their children and be sure they are drinking. Enforcing a regime of drinking can lead to over hydration, so this is not a regiment, it is an act of love toward your children.


And last but not least, for those that simply can't take rests as they should or insist on activity no matter what the temperature there is GEAR.


This was on Overstock. But, a sox with ice will serve the same purpose of such gear cannot be found or purchased.


I.C.E. Down Cold Therapy Neck Wrap (click here)


Remember if one is using GEAR to get by with the heat be sure it is working. Be sure the cold wraps or ice is nearby and ready. If the GEAR isn't working or isn't a realistic to the activity then DON'T DO IT.

Don't go on a long run if the ice packs will melt before returning home or to a hydration source and shade. Be reasonable to the demands one places on their body when there is a heat event. A human being has limits and those limits must be respected.

Have a better day. 

Be safe.

Romney's pivot to the left.



It is a fee. An assessment. 


Oh, that clears it up. Like a Tax Assessment.

Romney: "It's not a tax hike. It is a fee, an assessment."



Romney has danced this dance before. His revenue increases in Massachusetts were titled fees. But, the public argued it was a tax hike. He sincerely does agree with Chief Justice Roberts.