Daily Digest

Daily Digest - July 6

Monday, July 6, 2009, 9:59 AM
  • BMW 's Electric Mini E
  • IR radiation solar panel uses tiny antennas, has 80% efficiency
  • India Questioning U.S. Dollar Dominance…
  • Ultimate Depression Survival Guide (Video with author)
  • Unemployment Rate % Change (Charts)
  • Zombie Banks Will Need More Money (Video)
  • Speech By Dr. David Bronner CEO Alabama Retirement Systems
  • A day late and 80 trillion short, Sunday Funnies (Humor, in a sad way)
  • Headlines Just Making it to Mainstream Media

Energy

BMW 's Electric Mine E

“These are the future,” says James Van Nostrand, who invited us to drive his Mine E. Van Nostrand, executive director of the Pace University Energy and Climate Center (great fit, BMW) is a conversant passenger who describes a not-too-distant future when millions of plug-ins become an army of “mobile storage units” on the electric grid, sucking up power on the cheap overnight and selling it back — at a profit, mind you — during peak daylight hours.

IR radiation solar panel uses tiny antennas, has 80% efficiency

There are all sorts of ways to produce clean energy, but the smartest and cleanest of all is definitely solar panels. There is absolutely no moving parts, noise or intermediate materials. Just beautiful clean energy. The catch? Low efficiency that in reality is far from the theoretical 20%, high manufacturing costs and productivity only during daytime -preferably with lots of sunshine. The researchers at the Idaho National Laboratory are addressing all these shortcomings. By putting loads of nanoantennas on cheap base material, they manage to collect energy in infra-red frequencies by day and night.

Nanoantennas are a clever way to collect IR radiation that is very small wavelength itself. Tests started as a supplement to conventional solar panels, but progress was such that IR panel research became a project on its own. It is hoped that with nanotechnology manufacturing progress IR panels will be incredibly cheap, and as the substrate is flexible they will be installed practically everywhere. Due to intense packing of the small spirals and the fact that everything is tiny and undetectable by eye, special software will tune and arrange the pattern in ways that will not cause material damage. Panels could even be double-sided with the second face collecting the IR radiated from the earth!

Economy

India Questioning U.S. Dollar Dominance…

Now the demise of our dollar is picking up momentum. Soon there will be a critical mass reached and when that happens the world’s central bankers, dominated by U.K. and U.S. central banks, will have THE proposal that will undoubtedly place them on the top of a new credit based new and bigger, more highly leveraged, never ending growth Ponzi currency/debt scheme! It’s coming fellow slaves, get ready.

Ultimate Depression Survival Guide (Video with author)

Unemployment Rate % Change (Charts)

Zombie Banks Will Need More Money (Video)

Speech By Dr. David Bronner CEO Alabama Retirement Systems

1) Next month (July) California hits the wall financially, that will send a ripple effect across the US economy, AND over the next two years one state after the other will fall to its knees financially as the federal government stimulus package ends by 2011. It has helped various states at different levels comparative to their economic condition. He says the stimulus package is what's been keeping the states alive for now...except for California which was in such terrible shape the stimulus package wasn't enough to really help them. "They go first" he said. Alabama would hit the wall in February of 2011, late in the game as Alabama is in better shape than other states. Bronner says Alabama might dodge the bullet if the economy revives enough by then. But, he doesn't really think things will improve enough by then to avoid a crisis. "It will be the largest economic crisis in the history of the State of Alabama." Bronner says Alabama will experience such significant shortfalls by 2011 that taxes will have to be raised substantially to avoid collapse...probably on property. And that practically all states will face a similar fate.

2) Within 120 to 150 days from now the commercial real estate market nationally begins to collapse as stores, malls, and shopping strips, and industrial plant have enough closures (store and plant) and loss of rental revenue to make them unable to pay their mortgages. They will start going into foreclosure unable to pay their mortgages in a significant way at that time creating a second wave of economic disaster starting three to four months from now.

3) Unless oil stays above $70 a barrel Russian and Mexican economics will begin to unravel as countries ("socio-economic collapse) economies require that much from oil to have an adequate revenue stream to feed their people and economies. AND, the only other big revenue stream for Mexico is illegal drugs sold in the US...so their economy will intensify their focus on selling drugs in America as a result in order to survive if oil doesn't stay above $70...he said $90 would be better for them.

4) The US economy (according to Bronner) is today like a patient in the emergency room in the process of having a heart attack....

A day late and 80 trillion short, Sunday Funnies (Humor, in a sad way)

Headlines Just Making it to the mainstream media:

  1. India Joins Russia, China in Questioning Dominance of U.S. Dollar...(Via Drudge)
  2. WIRE: Rising debt may be next crisis...(Via Drudge)
  3. 'Cash is king'...(Via Drudge)
  4. Biden: 'We misread how bad the economy was' (Video, via Drudge)

40 Comments

Ragnar_Danneskjold's picture
Ragnar_Danneskjold
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Re: Daily Digest - July 6

For anyone that would rather read the complete article vs visit a meme site that will crash their browser, which is the case for the link to Ultimate Depression Survival Guide (Video with author), the orginal article is here :

http://whiskeyandgunpowder.com/401k-as-dangerous-as-the-dollar/

Davos's picture
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Re: Daily Digest - July 6

Hello Ragnar:

Hey, thank you for the link and I wanted to let you know I tried to reply to your email but you don't accept messages..... I just wanted to let you know I looked into your browser problem, I know it is fustrating! I tried it on IE 7 and IE 8, Firefox and Google Chrome, mine all worked well. Can't say for certain but ususally when I see that it has something to do with the plug in that is running in the browser. His debt clock runs Adobe Flash player, I would suggest that if you want to unblock this bloggers site you might want to download and re-install it.

I'd post the raw links but I have to be honest, I respect all bloggers and what they do to help everyone understand and I respect them more than I respect media outlets of the mainstream and I just can't bring myself to ignore this bloggers site even if he didn't give you more support and it is the only complaint I have gotten.

Please let me know if the adobe work around is succesful, take care!

Ragnar_Danneskjold's picture
Ragnar_Danneskjold
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Re: Daily Digest - July 6

As I indicated in email, I'm a software developer, and I've got 5 different PCs at my disposal all configured differently...they all crash on that site.  All of them already have Adobe Flash installed, but even if that were the problem, it would be pretty stupid to cause a crash if it is not installed.  I also happen to know that some companies block Flash because they don't want users sitting around watching YouTubes all day, although I don't have that problem to deal with.

In any case, the site you refer to is just a meme anyway, never anything original, and usually the article is severely truncated.  Personally, I think it is plagarism since he just copies the material vs quoting it.  And you're just making more work for anyone that wants to read the entire unedited piece.

My .02

 

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Re: Daily Digest - July 6

 Hello Ragnar, I develope in .Net and I have several boxes and platforms as well. Don't know what the deal is or could be. I know he truncates, as do I here and I like the berevity and click into the link if I want to read more. If I get more complaints I'll omit his blog. Take care

tabletop's picture
tabletop
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Re: Daily Digest - July 6

Chill Ragnar.  Then buy a Mac.

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Re: Daily Digest - July 6

Davos - I've had the same issue with The Coming Depression blog links.  I'm running IE 7 on a 64bit Vista machine.  Normally, I'll just go to the site through the home page and find the article and it works.

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Re: Daily Digest - July 6

Davos - I've had the same issue with The Coming Depression blog links.  I'm running IE 7 on a 64bit Vista machine.  Normally, I'll just go to the site through the home page and find the article and it works.

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Re: Daily Digest - July 6

 Hello JasonPaige:

Thanks. I'll post it with credit to coming depression. I don't have a 64 bit vista box in the shop, we push folks to Macs these days whenever possible. Take care.

Ragnar_Danneskjold's picture
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Re: Daily Digest - July 6
tabletop wrote:

Chill Ragnar.  Then buy a Mac.

Oh yeah....that would solve all my problems. </sarcasm>

 

tabletop's picture
tabletop
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Re: Daily Digest - July 6

<?php
$s=ragnarSystem("S");
if ($s=="Mac")
  echo "You have solved most of your problems!";
else
  echo "Take a valium dude!";
?>

:-P  Just couldn't resist.

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Re: Daily Digest - July 6

 Davos, I love your news and never start a day without checking. But one small favor.....Let's just not bother siting Drudge.  I think TMZ is more credible.

Thanks for your continuing posts!

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tabletop
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Re: Daily Digest - July 6

Alright, Maybe I need the valium but I am eternally grateful to Davos and Chris Martenson for keeping me knowledgable on the real truth about our changing economy and world.  In such, I can't help but being totally peeved at the knitpicky comments today to Davos' links. "don't cite Drudge?"  Are you really serious? That is pure binary and partisan fueled nitpicky nonesense if I ever heard it.  I feel right now the same way I feel when I stand behind the crabby lady at the grocery who is yelling at the clerk about prices.  Drudge is nothing more than a convenient portal on the web to reach other "credible" sources.  There are many of such portals out there that come from a variety of political angles.  Monitor them all and you start to get directed to the truth.

Ragnar_Danneskjold's picture
Ragnar_Danneskjold
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Re: Daily Digest - July 6
tabletop wrote:

Just couldn't resist.

Really...going to Mac would cause me MORE problems since it isn't compatible with software I use.   Mac is a crappy platform for database development.

Davos's picture
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Re: Daily Digest - July 6

Hello:

Hey, no comment is a bad comment, it is interesting to hear everyones opinions. I've been addicted to Drudge for years, even though I don't lean quite that far to the right. To be totally honest, I posted it that way today to point out what I see.

Here is my take. Trend wise:

  1. Blogs break the news fast, they are unencumbered by editors 
  2. Blogs may or may not be anonymous but many bloggers work in the field they are blogging about
  3. Then as far as speed goes you have Drudge, I have to hand it to them when it comes to speed and citing UK papers which often run stories on stuff our press misses or doesn't bother covering

Overall I pull 50++ reads in my iGoogle RSS reader, 1/2 are mainstream, and I constantly do a ctrl-f and look at key trends in the blogs to see if they are even in the mainstream and if they are what the citing ratio is and then I read their slant.

Unemployment is a biggie. Bloggers are citing it at 20++%, showing the truth between u3 and u6 numbers and the birth death model adjustment applied to u3, mainstream feeds I'm seeing 8.5%.

On the Mac/Pc, I can't do 40% of what I do on the Mac without running VM ware. I'm just not a Vista fan.

Take care, and I emailed thecomingdepression blogspot....

 

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Re: Daily Digest - July 6

Davos,

Add one more complaint: IE7, 32 bit. Ragnar and I have .04 between us...

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Re: Daily Digest - July 6

 Thanks Headless, If that blogger responds to my email I will pass all this along so he can consider devoting some more time to this issue if he so choses to.

Appreciate the feedback, take care

TechGuy's picture
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Re: Daily Digest - July 6

IR radiation solar panel uses tiny antennas, has 80% efficiency

Although energy collection efficiency is estimated as high as 80%, when power conversion takes place it is highly unlikely that the final figure will stay so high.

FWIW: This article is misleading because is does not address the rectification problem, for any RF energy to be converted into electricity it requires rectification. Finding a suitable recifier (a Diode) that is capable of producing energy from this is very doubtful. Each nano antenna would require its own rectfier to convert IR into electricity and would need to have a very low forward voltage drop. I believe they were researching into a method to use synchronous rectification to get around the forward voltage drop problem, but is very unlike this this will be a usable solution.

On a scale of 1 to 100, I would give this approach a 3 of resulting in a useful product for generating electricity. Although this technology may be useful in other applications, such as sensors.

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Re: Daily Digest - July 6

http://kunstler.com/blog/2009/07/the-free-and-the-dead.html#more

The part I thought was interesting:

President Obama had better turn his efforts from pretending to re-start the revolving credit rackets to overseeing the comprehensive re-simplifying of American life. I think he has a few weeks to turn his rhetoric around before the political mischief begins for real, and the aggrieved classes start shooting things up and burning things down.  These classes really do need something to hope for, and something to work at, and something to occupy their attention besides their grief over the massive losses in their lives. But none of that energy will be focused beneficially unless they hear the truth... that there really is no going back to what was before.
    It's also vitally important to commence public hearings and official investigations of those who committed real crimes and malfeasances.  Bernie Madoff has been salted away for two and a half lifetimes, but Henry Paulson is still at large after overseeing the creation of the biggest heap of fraudulent securities the world has ever known -- and then betting against them in the swaps market, in effect shorting his own swindle -- not to mention his misdeeds at the US Deparftment of the Treasury. Why are those other Wall Street smoothies still enjoying their Hamptons villas while the foreclosed set up tents in the Sacramento Delta?  Why are the government officials who failed so miserably at regulation still enjoying their salaries, perqs, and pensions while those not employed by a bloated government struggle to stay alive another week.  And how many more weeks will go by before Michael Jackson is buried in the ground?

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Re: Daily Digest - July 6

Whoever wrote this doesn't know what he's talking about....  the "theoretical efficiency limit" isn't 20% to start with, it's ~32%.  PVs with 24% efficiency have already been made.  The reason there's a "theoretical efficiency limit" is because Silicon is a semi conductor, which, as opposed to a proper conductor, has far fewer free electrons to shuffle around to create a current.  Once you know how many free electrons are available to create this current, and you know how much energy there is in sunlight to excite these electrons into action, you KNOW it's impossible to achieve 80% no matter how many nano antennas you have!  Nano technology will never get blood out of a stone....

Mike

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Re: Daily Digest - July 6

Re the electric Mini, and how you can't believe everything you read on the internet....

1) A fatter pipe — a 32-amp cable BMW is just making available, plugged into a 220 volt line — cuts the fill-up time for the 35 kilowatt-hour lithium-ion battery to a mere 4.5 hours.  YEAH RIGHT...... I did the sums, and that amount of electric download requires 35.5 Amps @ 100% efficiency, and if it was my house this was plugged into, I'd want at least 45 A circuitry to make sure nothing releases the smoke stored inside!

2) Comparing this car to a 17 MPG vehicle is hardly fair now. is it.  OUR car gets 40 MPG, and it costs $5 to cover 100 miles with gas at $2.  And our car doesn't cost us $850/month to own!

3) Van Nostrand speculates, charging up could be offered as inducements by restaurants, shopping malls and theaters.....  and they're all going to put in lots of 45A plugs because they like you? 

4) and a carbon footprint approaching zero.  Give me a break....  it STILL takes 90 barrels of oil to make this car, and it STILL needs bitumen roads and car parks, and it STILL needs coal fired power stations or nukes, none of which were C neutral last time I looked...

As an aside, here's an interesting bit of trivia for you: Because of the crisis, more and more people in Australia are using mass transit.  Those who live in outlying areas drive to railway stations and park their cars there, riding the train to work.  Now this is becoming so popular, car parks are too small, and a new bigger one is planned nearby at an end of the line rail station.  Cost:  $12,000 PER CAR!!  <SIGH>

Mike

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Re: Daily Digest - July 6

Budget meltdown has Arnie targeted for termination

By North America correspondent Kim Landers for AM

http://www.abc.net.au/news/stories/2009/07/07/2618564.htm?section=justin

Failing to terminate California's financial meltdown is proving to be the toughest role Hollywood action star Arnold Schwarzenegger has ever taken on.

And as he enters his final 18 months in the Governor's office, Mr Schwarzenegger's popularity with the voters is waning as the world's eighth-largest economy is gripped by a multi-billion-dollar deficit and soaring unemployment.

People working out on Venice Beach, where the Governor was once a regular in his bodybuilding days, have strong views about the man who is in charge of a state that cannot pay its bills.

"Basically he's just an actor," Mike Haley said. "I think his wife is running the economy more than he is because she came from a political family. She is a survivor.

"If you go back, that's the Kennedys. I think that is the brains of the family."

With California saddled with more than $33 billion in debt and unemployment at 11.5 per cent, Mr Haley says he does not think the "Governator" has the political muscle to change anything.

"He needs to get out of there," he said. "It's no better with him in there." <MORE>

SO.... what I want to know is, just who do they think knows how to fix it..?

Mike

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Re: Daily Digest - July 6

 Hello TechGuy:

Probably so. One of the scientists was interviewed and I watched the youtube clip and he professes that in about 4 years they will be able to harness power. Don't know where he gets the 4 year figure from.

Having said that I have been yearning to build solar at the house, at least enough to run the well a few lights and the freezers. I went from conventional PV to parabolic PV to reading that parabolic mirrors to heat oil to generate steam were more efficient to IR to heat (think that is low wavelength radiation) PV cells was even better.

I found it interesting that this stuff has been around since the 70s.

Mike I wish I had a handle on the EV cars like you do! I'm really tempted to convert our old Subaru.

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Re: Daily Digest - July 6

 Hello Ragnor & Headless:

Could you try the site again? http://thecomingdepression.blogspot.com/ Scott emailed me back and removed the debt clock we want to see if that is the culprit. Many thanks! 

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Re: Daily Digest - July 6

Site now works for me Davos. Thanks.

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Re: Daily Digest - July 6
Headless wrote:

Site now works for me Davos. Thanks.

Try this one...

Ultimate Depression Survival Guide (Video with author),

Problem is still there for me....but not if I use the http://thecomingdepression.blogspot.com/ link Davos posted. 

It isn't the debt clock.  I haven't tried to decipher the code, but it could be a problem with a script that is conditionally executed if someone lands directly on a blog entry vs clicking through on the site.  I say that because the same blog entry does not cause an error if clicked through on the site vs a direct link.

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Re: Daily Digest - July 6

Davos,

First one: "Operation aborted."

Second one: Works.

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Re: Daily Digest - July 6

I just heard Kunstler speaking on the BBC news program on public radio about Peak Oil and how life will necessarily be different in the future.  The interviewer missed the chance to put forth really good questions, asking only stupid things like "what proof do you have?"

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Re: Daily Digest - July 6

Woodman said:

"I just heard Kunstler speaking on the BBC news program on public radio about Peak Oil "

Link?

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Re: Daily Digest - July 6

Okay, finally I got my opportunity

Since this is the day for nitpicking (eww I really did that once when my daughter got lice) - may I mention that I no longer direct anyone to this website for two primary reasons:

1) too many conspiracies cited here - some of the threads are real whack jobs!

2) Spelling. While I grant that intelligent thought can be disseminated by poor spellers - the spelling on this site is so atrocious that it makes the site appear as though it is visited by the uneducated. Spell check folks, it's a tool available as you post. (it says "ABC" and has a green check mark.)

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Re: Daily Digest - July 6

v spelin 1 iz all about how u look at it. Sum of us down under can't spell anyway coz we uz words speld difrnt to uze lot up (?) vere. if v barstdz hyd took me on my speln then I wud neva av got me digrey (edit. Speln digri mite b beta)

Don

__________________________________________________

2 big ta fail, 2 big ta fix, 2 big ta care

 

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Re: Daily Digest - July 6

Davos,

Both sites lock me up.  The second actually took over and wouldn't let me out.  Had to x out and start over.

nitpicky is right.

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Re: Daily Digest - July 6
Davos wrote:

Mike I wish I had a handle on the EV cars like you do! I'm really tempted to convert our old Subaru.

Davos - you need to subscribe to the EVDL list (more stuff to read!). Or at least check out the EV album and search by make, Subaru. It may give you some encouragement. I'm working on a BMW motorcycle conversion with a Mazda 626 next in line.

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Re: Daily Digest - July 6

Thanks to all who checked his site, I'll email him now. SteveS I'll add that to my reader. Grl, I, without a doubt am the sites worst speller and often times I don't have the time to run a spell check. I come to this site because it is one of the few forums that doesn't rate one's overall ability by their ability to spell.

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Re: Daily Digest - July 6

Peak Oil Day | Energy Bulletin

Peak Oil Day
by Richard Heinberg

On July 11, 2008, the price of a barrel of oil hit a record $147.27 in daily trading. That same month, world crude oil production achieved a record 74.8 million barrels per day.

For years prior to this, a growing legion of analysts had been arguing that world oil production would max out around the year 2010 and begin to decline for reasons having to do with geology (we have found and picked the world’s “low-hanging fruit” in terms of giant oilfields), as well as lack of drilling rigs and trained exploration geologists and engineers. “Peak Oil,” they insisted, would mark the end of the growth phase of industrial civilization, because economic expansion requires increasing amounts of high-quality energy.

During the period from 2005 to 2008, as oil’s price steadily rose, production remained stagnant. Though new sources of oil were coming on line, they barely made up for production declines in existing fields due to depletion. By mid-2008, as oil prices wafted to the stratosphere, every petroleum producer responded to the obvious incentive to pump every possible barrel. Production rates nudged upward for a couple of months, but then both prices and production fell as demand for oil collapsed.
...
Mark your calendar. What will you be doing on July 11?

Help us "celebrate" Peak Oil Day by signing our petition.

 

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Re: Daily Digest - July 6

in other news, CFTC looking at reducing speculation in key commodities

http://www.washingtonpost.com/wp-dyn/content/article/2009/07/06/AR2009070603584.html 

Any chance of this actually getting through? 

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Re: Daily Digest - July 6
grl wrote:

Okay, finally I got my opportunity

Since this is the day for nitpicking (eww I really did that once when my daughter got lice) - may I mention that I no longer direct anyone to this website for two primary reasons:

1) too many conspiracies cited here - some of the threads are real whack jobs!

2) Spelling. While I grant that intelligent thought can be disseminated by poor spellers - the spelling on this site is so atrocious that it makes the site appear as though it is visited by the uneducated. Spell check folks, it's a tool available as you post. (it says "ABC" and has a green check mark.)

 

Regarding #1:  Do you care to name any specifics?  As an aside, there are literally thousands of people convicted every year for some sort of conspiracy; some types of crimes just get investigated more than others.

#2: If we're going to be nitpicky here I think you should have capitalized "it" in the sentence in the parantheses. 

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Re: Daily Digest - July 6

 Sorry folks,  not to be elitist but if you want to reach some thinking people who might be receptive but value standard and tradition, the spelling and grammar is important. Otherwise the educated are not going to bother. Maybe this will resonate: can you imagine the Constitution with spelling errors? Would that lessen its validity? I think so. The reality show watching TV crowd can't spell, why? I don't say this to denigrate, only because I honestly meant what I said in my original post. I would like to refer my like minded  friends to this site but they will immediately turn off to the egregious spelling errors (minor stuff - nbd) . The conspiracy threads - well, I can't go there right now but another big barrier. I am not out to cut anyone down - just want to spread the important CC message but don't feel as though I can (in my circle anyway).

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Re: Daily Digest - July 6

GRL Wrote:

The reality show watching TV crowd can't spell, why?

Hello GRL:

I don't have TV. I read no less than 4 books per month, I read no less than 90 hours per month of articles.

I can't spell cat.

Take care

 

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Re: Daily Digest - July 6

grl, (where'd you learn to spell Girl?;-)

this is a blog.  Not a term paper.  I don't have nor do I want to take the time to spell check every post I make.  If an incorrect spelled word is going to turn you off to a poster then I think you could miss some very special people and their info/opinions.  As Davos pointed out, some people can't spell....I forget to use comma's ALL the time!  Again, this isn't a theses.

Cheers!

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Re: Daily Digest - July 6
grl wrote:

 can you imagine the Constitution with spelling errors? Would that lessen its validity? I think so.

Though I agree that correct spelling does help give one's viewpoint more validity (an interesting thesis on its own) , in the day of the founding fathers spelling was not a high priority. People generally spelled things as they wished then, even the learned.

I am happy to have spell check added to the forums - when I did it on this post only 'grl' was flagged.....

 

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