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DVD Fulfillment Update

Sunday, December 7, 2008, 12:49 PM

UPDATED Dec. 9th 2:00pm Eastern Time

Our initial order with our fulfillment partner was for 10,000 DVDs, but All 10,000 discs sold out in the first 36 hours! As of this morning (12/9), we have orders for more than 14,000 DVDs! The first 10,000 discs were shipped from Texas today, Dec. 9th. The vendor is now producing another 7,500 DVDs and expects to ship the remaining orders on Wednesday or Thursday of this week, still in plenty of time for Christmas.

If you have not yet placed your order, I recommend you do so immediately. There are about 3,000 more DVDs in the 2nd production run that can be shipped in time for Christmas. Once they're gone, subsequent orders won't arrive until after the holiday.

The vendor is still saying that regular ground orders placed before 12/12 "should" make it well before Christmas, provided that the remaining 3,000 DVDs don't sell out. However, I know FedEx ground has had problems with the holiday rush in past years. If you place new orders for ground shipment, they "probably" will arrive before Christmas, but you should be aware of the risk that they might not.

Ordering info is repeated below:

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Daily Digest - Dec 7

Sunday, December 7, 2008, 10:56 AM

Foreclosures soar to record 1.35 million,  unemployment in the Great Depression, minimum pricing battle, job creation by administration, and more bailouts.

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Daily Digest - Dec 6

Saturday, December 6, 2008, 10:10 AM

Gold price manipulation,  bailout lacks coherence, liquidity trap, Citi Ponzi scheme alleged, Harvard endowment loses 22%, worst retail in 35 years, China faces social unrest, one-in-ten (!) mortgages in forclosure, Jon Stewart video, CA issues IOUs to vendors, community proposes to print own money, and a challenge from Chris Whalen to Timothy Geithner.

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UPDATED: Crash Course available on DVD!

Friday, December 5, 2008, 6:00 PM

3-26-08 An update for anyone who might have encountered this old blog entry:  If you are interested in ordering DVDs, please click here. The old links (below) are outdated.  Thanks!

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Fuzzy Numbers: Jobs report bad at minus 533,000, but made to look better

Friday, December 5, 2008, 8:33 AM

As expected the employment report for November was bad having shed 533,000 jobs with unemployment advancing to 6.7%.

WASHINGTON (MarketWatch) - U.S. nonfarm payrolls plunged by an astonishing 533,000 in November, the worst job loss in 34 years, the Labor Department reported Friday.

It's only the fourth time in the past 58 years that payrolls have fallen by more than 500,000 in a month. Since the recession began 11 months ago, a total of 1.9 million jobs have been lost.

But it would have been worse had it not been for the mysterious positive addition of 30,000 jobs by the so-called birth-death model.  From here on out we'll just refer to it as the birth-birth model because no matter how bad the underlying economic data this model somehow always adds jobs in every month except typically January and July when the model backs out a few of its more irrationally exuberant additions.

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Daily Digest - Dec 5

Friday, December 5, 2008, 8:18 AM

Record number of Americans on food stamps, big three spend millions on lobbying, Bush's new digs, and charts of auto sales, same store sales, and weekly unemployment claims.

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Your must-read article of the day (Vanity Fair)

Thursday, December 4, 2008, 11:55 PM

Over the past two days I have been working with Erik and Becca on developing the next layer of strategy and direction for the site, the Crash Course, and where all of this is going. 

We'll share this with everyone as soon as it is ready.

In the meantime, this is the intro to a long but brilliant article on the economic/financial crisis, by Niall Ferguson in Vanity Fair. This is a must read article.

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Daily Digest - Dec 4

Thursday, December 4, 2008, 7:25 AM

Who holds US debt?, Lacker says Fed actions potentially destabilizing, UN warns of dollar risk, Paulson still doesn't get housing, mortgage refinancing surges, US-China currency clash, and the Beige Book.

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DVD Ordering Update

Wednesday, December 3, 2008, 8:12 PM

Third Update (12/3 5:30pm EST): This update is from Erik Townsend. I want to assure everyone that Christian Redshaw and I have been on top of this situation all day long, and are managing it very actively. We have escalated our frustration with the delays to a senior Vice President at the replication company, and are doing everything possible to work toward a prompt resolution to the unexpected delays.

There's some good news here: the delays are all related to putting the order form online. We're being told that the actual replication of DVDs is proceeding on schedule. That means that as soon as the order form is operational, the fulfillment center should be able to start shipping immediately. So while we are experiencing a delay of several days in making it possible to place your orders, the orders will still begin shipping when they otherwise would have, either Friday 12/5 or Monday 12/8.

We are acutely aware of the community's desire to receive these DVDs in time for holiday gift giving, and are working very hard to hold the vendor to their original promise to begin shipping DVDs no later than Dec. 8th and hopefully Dec. 5th. We are also preparing to send registered users an e-mail blast within minutes after the order form goes operational.

We will extend the introductory pricing deadline so that it is available for several days. Please don't be concerned by our earlier statements that the special price would expire Dec. 4th. We'll revisit that when the order form is online.

Thanks for your patience and understanding, everyone. The best I can do is to assure you that we are working on this diligently, and that we'll do the very best we can to get the word to you just as soon as the order form is available.


Second Update (12/3):  Well, we are still waiting for word from the manufacturer that they've got the ordering page configured.  We'll be calling them as soon as they get in (11-12 EST) and then we'll let you know.  The Torrent files will be put up at some point over the next 48 hours (they should be arriving by mail today and the upload time is ~10-12 hours).

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Update:  The website ordering system is in the hands of the supplier.  We are told that they are "hopeful" about getting it done today.  As of 5:00 pm (EST) we are still hoping.

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We are currently (patiently) waiting for the coupon code from the manufacturer.  Within 60 seconds of its receipt it will be posted here.

We expect it at any moment...as of this moment (1:15 pm EST) it is not yet in our hands...

Thank you for your patience and inquiries.

Best,
Chris & the team

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The beginning of the end

Wednesday, December 3, 2008, 9:33 AM

I am often asked what signs I use to measure where we are in the crisis and whether it will get worse or better.

This next article posits the emergence of a new type of bond sold by the US that is not denominated in US dollars. This would be the equivalent of a road sign reading, “No bridge, 10 feet.”

Here’s the idea: