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30 of our most Recent Postings:
- Legacy Journal: Current
- Legacy Journal: A Viking Legacy
- Legacy Journal: Friday: Family First
- Legacy Journal: Thursday Two Step: Fire Alarm or Frozen by Fear
- Legacy Journal: Monday, the First Day of Fall
- Legacy Journal: The Sunday Sermon: Economist Moral Hazard
- Legacy Journal:Laidback Saturday
- Legacy Journal: Friday Final
- Legacy Journal: Friday Fish Wrap.
- Legacy Journal: Thursday Time for Truth Telling: 9/11, the Magazine, and the True Myth Makers.
- Legacy Journal: Wednesday Time to Weed out the Word Wars.
- Legacy Journal: Tuesday Tipoff
- Legacy Journal: Sunday Surprises
- Legacy Journal: Saturday Samplings
- Legacy Journal: Friday Fifth: Change, Cultural Divide, B&B, Google Chrome, and Arctic Drilling
- Legacy Journal: Wicked Wednesday
- Legacy Journal:Trifecta: Olympic Games, Democratic Convention, Quad State visit
- Legacy Journal: Olympic Swimming Prep
- Legacy Journal:080808: The China Olympic Games
- Legacy Journal:080808: The China Olympic Games
- Legacy Journal: B&B on the Erie Canal
- Legacy Journal: Summer Swing
- Legacy Journal: Thursday Thoughts: Twitter, Triathlons for Horses, and Obama One on Tour
- Legacy Journal: High Finance, Bad Loans, and Banking Reform
- Legacy Journal: Sunday Chatter x 3: ABC, NBC, and CBS
- Legacy Journal: Monroe County: Politics, the Carousel, and the Onterio Beach
- Legacy Journal: 50th Malin High School Reunion
- Legacy Journal: 2008 mid-point
- Legacy Journal: Walking with Religion---Walking with Nature
- Legacy Journal: Sunday Supplement
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[ Friday, February 01, 2008 12:19 ]
Legacy Journal: Final Friday: Sure Things for 2008
Section:
FrontPage
Summary:
* Super Bowl Sunday means Buffalo Wing sales will soar in Rochester, New York.
* The country is experiencing widespread freezing weather in the heartland, record precipitation in the west, chilly nights in the a hurricane free season in the Gulf, and a near absence of voter, media candidate concern about AGW. Will there be an Al Gore spot ad in Super Sunday? Not likely. The issue is down around # 16th on the priority list.
* The rate of growth of the $14.6 trillion GDP is slowing. But, employers are competing for reliable employees with the necessary personal qualities, technical skills, and experience. The real story of the American story is told by those in line on the outside seeking an personal or family chance at a once in a lifetime opportunity than many US citizens take for granted. Immigration demographics are increasing, not decreasing.
* Voters for the national ticket in November may have Democrat bonus choice: Three for the price of One. Come on down.
* Expect a high gloss, high cost, high profile TV and endorsement blitz and buzz for the next ten daze. The haze of campaign may be the next step in the degradation of the environment by noise pollution and jet contrails.
*
Main:
: Medical Care costs about 16% of the GDP or over $2 trillion. Some what a federally funded Universal Medical System at a matter of “Right” based on the British National Health Service. On the other hand, the American system is also fueling research, expansion of hospital beds, capital investment and a talent magnet in the service sector of the economy. Media advertising , Big Pharma profits , Medical Foundation non profit trust funds, and executive compensation also seem to have benefited.
:: Hillary Rodham Clinton is long off her Saul Alinski and Wal- Mart SOAP box gigs. She has now gone national with her campaign. Her organizing network in upstate New York is impressive, her hold in California is formidable, and she is portrayed as respected in Arkansas.
::: Meanwhile, everybody over the age of 30 who make their living off the little screen is trembling before the HD switch over. The darn thing shows wrinkles after all.
:::: Fast fact checkers and caught on tape moments will continue to fuel the cheap instant analysis part of covering the campaign.
More:
Footnotes:
Business and Trade: • Cal Water New: • Calendar: • Friday: • Chances are ---: • Roll of the Dice: • Climate: • Climate Noise: • Forecasting: • Data: • Dollars and Cents: • Follow the Money: • Energy: • Nuclear Power: • Entitlements: • Environment: • Air: • Features: • Permalinks: • Feedback Loop: • Going Green: • Heartland: • Hot and Cold: • IT3 Tech: • Internet Tech: • Google: • Calendar: • Lights Out: • Moral Jeopardy: • News: • Global: • Northern Lights: • Predictions: • Previews: • Promise Makers: • Science and Technology: • Social Sciences: • Demography: • Talking Points: • Voice: • Cross Over: • Washington Watch: • Weather Watch: • (0) Comments: • (0) Trackbacks: • Permalink:
[ Wednesday, November 07, 2007 12:49 ]
Legacy Journal: Wacko Wednesday
Section:
Markets
Summary:
Tom Friedman continues his nytimes column on his view of the future of technology, energy, and the role of 700 million Indians in the coming Brave New Green World of carbon trading derivatives.
Currently, some very smart executives and Wall Street players are paying the heavy price of not knowing the fundamental value of “ Junk “ home mortgage backed financial instruments. Derivatives if you will. General Motors and Bear Stearns are the latest in the lineup. More accounting standards enforces write offs against current profits are anticipated. The future of carbon trading is murky and shares a built in flaw with other “derived” finance instrument. That would be a lack of accepted standards and mechanisms for pricing, valuing, measuring and enforcing accountability of carbon based credits and debits.
One wag has proposed color coding electrons so that electricity meters in say, the elevators of NYC high rises could sort out the source of the power used. Now, there is an opportunity for some smart E2K programmers.
Dot Earth blogger, at the nytimes weighs in with more Wednesday Wackiness. A Foster City California project is setting sail to play Captain Pirate of a scheme to capture the rights to carbon trapping plankton on the high seas. Some folks must be spend far to much time watching reruns of Johnnie Deept movies.
Main:
Meanwhile:
The mood of the Heartland was measured by yesterday’s election results:
* Utah rejected a proposal to provide state wide vouches to public school students.
* Oregon rejected a proposal to add to the state tax on cigarettes to provide medical care to poor kids not covered by Medicaid.
* In New York, the State Legislature and the Monroe Count Legislature remains Red.
* A town in the western upstate NY county of Wyoming voted against a proposed large commercial turbine based Big Wind Farm project in their neighborhood. The proposal is thought to be based downwind in Massachusetts.
In addition:
* Injured race horses and other ill animals are humanly and regularly “put down.” Yet, it appears that is not technically possible according to the sources for those legal reporters covering death penalty issues before the courts.
* Important legal and political issues in Pakistan continue to be reported without context as though events in the street are being played out in some small town in Louisiana.
* The temperature today in Rochester is 10 degrees below “normal” and there is light snow on some home roofs that are on rises in the southern part of Brighton, Monroe County, NY
* The local paper has been recognized by an independent trade group is accessing over 80% of its potential market within its service area. That is a # 1 ranking. Among those serviced are a large and growing number of foreign born, young professional east Indians, Asians and Europeans. The University of Rochester, Strong Memorial Hospital and affiliated groups, Xerox, Eastman, and Bauch and Lomb are continuing talent magnets.
* Speaking of snow, USA Today reports that the National Park Service is considering closing the eastern entrance to Yellowstone National Park for the winter. A 8,550 ft. pass west of Cody, Wyoming is used by outfitters for really hardy and fit high mountain skiers, trekkers, and snowshoers.
More:
Footnotes:
Calendar: • Cascade Effect: • Demographics: • Digital Domainism: • Earth Sciences:: • Energy: • Expressions: • Western: • Heartland: • IT3 Tech: • Information Tech: • Internet Tech: • Justice: • Language: • Lights Out: • New York: • Regions: • News: • Personalities: • Political Watch: • Promise Makers: • Rule of Law: • Snow Flakes: • Spectored Tales: • Standards: • Tall Tales: • The Price is Right: • Triangulation: • WakeUp: • Wilderness: • Metaphors: • Popular Culture: • Climate Change: • Certainty: • Punditry: • (0) Comments: • (0) Trackbacks: • Permalink:
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