Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1293412 Comments:2390
"Lower-than-expected health care use has helped insurers in the past several quarters, and it factored into the 73 percent earnings gain Aetna reported in February for last year's fourth quarter. But Aetna and other insurers have said they expect use to return to more normal levels this year, which means they pay more claims, as consumers who were pinched during the recession start to feel more comfortable about their finances.....8D
"as consumers who were pinched during the recession start to feel more comfortable about their finances.....and realize they'll never get better...
66.87 Apr 26, 4:01PM EDT|Pre-Market: 65.00 Down 1.87 (2.80%) 7:59AM EDT - Nasdaq Real Time Price
"The maker of Tide detergent and Olay skin cream says net income fell 16 percent to $2.41 billion, or 82 cents per share. That compares with $2.87 billion, or 96 cents per share last year.
Consumer product companies have been raising prices to deal with higher costs for materials like fuel and packaging.
Consumers unfazed by 'raising prices' because they feel better about the economy. And can print money and borrow all they need just like the banksters....;}
DEARBORN, Mich. (AP) -- Ford Motor Co. said Friday its net income fell by 45 percent in the first quarter as European sales plummeted and the company paid higher taxes.
The company announced it will try to cut its pension costs by offering lump-sum payments to about 90,000 U.S. white-collar retirees and former employees. Ford said it is the largest such offer in U.S. history. Payouts will start later this year and come from pension plan assets. Ford doesn't yet know how much the plan will cost....
but that doesn't matter because F can print money and borrow just like the banksters.....;}
In a move to further ease and relax the consumer, the Markets have jointly confirmed that the color 'Red' will no longer be used for it's indicators.
'Black' and/or 'Green' are all we really need. 'Red' is superfluous. And thus un necessary....;}
Eurozone Retail Sales Plunge at Strongest Pace Since Late-2008; German Retail Sales Plunge Into Contraction; French Retail Sales Plunge at Record Pace; Record Job Losses, Record Retail Plunge in Italy
The word of the day is plunge. Retail sales fell like a rock in Germany and fell at a record pace in France. -Mish
Again Mish. This time about Greece taking money from accounts of suspected tax cheats....trials later....in other words, all accounts are criminal until proven otherwise...;}
"Anyone with any common sense has already pulled all of their money out of Greek banks. However, the unthinking masses probably have not. This move will without a doubt cause more than a few to worry about accusations, true or false, and in the case of the latter, the illegal confiscation of money.
Expect to see a further plunge in money kept at Greek banks. Also expect capital flight of another kind: human capital. With this kind of crackdown, anyone capable of leaving would be wise to leave Greece immediately."
" With this kind of crackdown, anyone capable of leaving would be wise to leave Greece immediately."
Back around 1935, the same warnings were given in Germany. On the Titanic, the first life boats left 1/2 empty.
1 day ago – The normal high temperature for April 25 is 83 degrees. ... In 1925, San Angelo recorded 107 degrees on April 19, the highest ... And, yes, that will set another hot weather record (the old high for April 26 is 99, set in 1943).
RECORD EVENT REPORT NATIONAL WEATHER SERVICE SAN ANGELO TX 606 PM CDT THU APR 26 2012
...RECORD HIGH TEMPERATURE SET AT SAN ANGELO... ...RECORD HIGH TEMPERATURE TIED AT ABILENE... ...RECORD HIGH MINIMUM TEMPERATURE SET AT SAN ANGELO AND ABILENE...
A RECORD HIGH TEMPERATURE OF 105 DEGREES WAS SET AT SAN ANGELO TODAY. THIS BREAKS THE OLD RECORD OF 99 DEGREES SET IN 1943.
THE RECORD HIGH TEMPERATURE OF 96 DEGREES WAS TIED AT ABILENE TODAY. THIS TIED THE OLD RECORD OF 96 DEGREES SET IN 1984.
THE LOW TEMPERATURE OF 74 DEGREES BROKE THE OLD RECORD HIGH MINIMUM AT ABILENE OF 70 DEGREES SET IN 2009.
THE LOW TEMPERATURE OF 73 DEGREES BROKE THE OLD RECORD HIGH MINIMUM AT SAN ANGELO OF 72 DEGREES SET IN 1963.
RECORD EVENT REPORT NATIONAL WEATHER SERVICE SAN ANGELO TX 606 PM CDT THU APR 26 2012
...RECORD HIGH TEMPERATURE SET AT SAN ANGELO... ...RECORD HIGH TEMPERATURE TIED AT ABILENE... ...RECORD HIGH MINIMUM TEMPERATURE SET AT SAN ANGELO AND ABILENE...
Yes, quite warm yesterday at baseball practice, but it does get warm this time of year in Texas. By late May we no longer get "cool fronts" in Central TX.
"And then to top it off, the "man who loves trees" almost as much as he loves himself had yet another stupid anthropocentric article in the HuffPo, to which I commented after this quote from him:
"They sweep air pollution out of the air in our cities and suburbs and clean water through their complex root system."
That's great, Jim Robbins. What happens to those trees that are absorbing our pollution through their leaves and roots? Ozone gives people cancer and other fatal diseases. It does even much worse things to trees. It rots their roots making them more vulnerable to drought and wind, and rots their interiors making branches break. Ozone and acid rain make them lose their natural resistance to insects, disease and fungus. Pollution lowers their production of nuts, seeds, and fruits so they can't reproduce. If you really care about trees so much, why not talk about that?
He of course blames warmer winters for bark beetles: "They are dying all around us in the American West. I came to realize what climate change can do to trees when bark beetles, their season lengthened by unusually warm winters, attacked trees on my 15 acres of pine forest in Montana," conveniently ignoring the fact that the first ever proven case of trees dying from bark beetle infestation, thanks to a compromised immunity from exposure to ozone, was from back in the 1950's in the extraordinarily polluted hills above Los Angeles, where it NEVER approaches extended winter freeze.
We seem to have an obsession with “breaking points”. A while back many were claiming $100/barrel was the ugly horizon. We’ve been there a while.
I think we will continue to see roughly linear effect as prices rise (as they have been). Slow economy becomes more sluggish. We have seen demand fall off in developed countries WITHOUT the usual drop in prices. Other demand (Chindia) is stepping in to fill the gap.
I don’t know what the breaking point is, but the broke point is back under $2.00 a gallon with few buyers…because the economy has failed in a big way."
"I think we will continue to see roughly linear effect..."
Quantum Science replaces Newtonian Law. Once you've gone parabolic, you don't reach asymptote and then level out.
As you drop off the other side, as 'Mike on Sat' alludes to, your 'waste' catches up with you. You hit the 'fat tail' and begin Non Linear 'breaks'.
