Happy or Terrible?

Tuesday, July 17, 2012 at 3:42 am

Let's hope for a "Happy Tuesday".

Just a few items for you to review. First, this great article from Alisdair Macleod which covers some of the same territory that Trader Dan plowed over the weekend. http://alasdairmacleod.blogspot.com/2012/07/managed-money-positions-on-us-futures.html

Speaking of Trader Dan, he was talking about the grains today: http://www.traderdannorcini.blogspot.com/2012/07/grain-index-approaching-2008-peak.html. And so was ZeroHedge: http://www.zerohedge.com/news/putting-corn-harvest-drought-and-flood-context

Santa's pal Eric has written an interesting piece where he discusses several of the CoT trends that we've been covering ad nauseam here. http://edegrootinsights.blogspot.ca/2012/07/this-major-fed-move-is-about-to-create.html

And the LIEbor scandal continues to grow. HEEHEEHAHA! Just for fun, here are two articles which mention two of the primary forces behind The Evil Empire, JPM and HBSC.

Lastly, one final bit of fun from FreedomFest. While I was strolling the floor on Thursday, I ran into Kerry Lutz of the Financial Survival Network. He asked if I could spare a few minutes and I gladly obliged. Here's the link to the 5-6 minute interview. http://financialsurvivalnetwork.com/2012/07/turd-ferguson-everyone-should-be-buying-precious-metals/

That's it for now. Regardless of paper price shenanigans, I hope you personally have a Happy Tuesday!

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Comments

Really?

Submitted by opticsguy on July 17, 2012 - 4:42pm.

I wonder what our country would be like if private companies were providing electricity a hundred years ago (instead of regulated utilities). Our rural areas would be dark, as would the poor sections of most of our cities. The business case couldn't be made for running power lines to poor sections of cities/countryside. Just like the business case can't be made for having standby power for really hot days with our new privately-owned electrical grid.

Balz has some

Submitted by Libero on July 17, 2012 - 4:46pm.

HeyJoe,

Progressivism is a bad thing? What century to you want to go back to? What good ole days do you want to go back to?

@Bill Wilson, Balz

Submitted by Number 47 on July 17, 2012 - 4:47pm.

Exactly.

I think I have a solution, we should move the libertarians to Somalia. No government, defend what you have with force. Live through your entrepreneurship and hard work. A veritable paradise for them. No?

@ For all the debka lovers and haters

Submitted by Jeremiah Jr on July 17, 2012 - 4:52pm.

Here is a short but very interesting conversation linked on ZH on how and why the fighting in Syria is escalating so drastically. The fight is now raging in the very capital of Damascus as noted in the Debka video.

I fully concur, this really is as a battle between the Sunni's versus Shia factions of the Muslim world. Or put another way it a battle between the Iranians & Syrians vs. the Saudi's & Turks that has the potential now to ignite the whole region.

Keep an eye on the 28th - 29th of this month.

http://www.zerohedge.com/contributed/2012-07-17/words-war

@rckymntn

Submitted by Number 47 on July 17, 2012 - 4:56pm.

Your sweeping generalisations are barely worthy of a response, however, just to clarify. All public workers are lazy? All business owners are responsible and hard working?

OK, what a simple, empty headed existence you must lead sir.

public goods

Submitted by peckerwood on July 17, 2012 - 5:00pm.

Public goods have two distinct aspects: nonexcludability and nonrivalrous consumption. “Nonexcludability” means that the cost of keeping nonpayers from enjoying the benefits of the good or service is prohibitive. If an entrepreneur stages a fireworks show, for example, people can watch the show from their windows or backyards. Because the entrepreneur cannot charge a fee for consumption, the fireworks show may go unproduced, even if demand for the show is strong.

read the rest here, or just continue arguing, i just don't fucking care...

http://www.econlib.org/library/Enc/PublicGoods.html

25Mph on a bicycle? Are you a professional bicycle racer?

Submitted by exiledbear on July 17, 2012 - 5:03pm.

To go 25 Mph on a bicycle is no mean feat. It probably means you're in top condition and riding an extremely optimized racing bicycle that can only go on smooth pavement. And I'm talking sustained 25 mph here.

In the real world, with a bicycle that has some decent tires that can handle something more than perfectly smooth pavement, you'll be going about 8mph on average, with maybe some 15 mph bursts if you catch a tailwind or you're going downhill while pedaling.

Don't ask me how I know this (Netherlands, cough).

I raise the Bullshit flag Dagney....

Submitted by gearhead_24 on July 17, 2012 - 5:19pm.

I have never been to the museum in Reno but....

If that is actually an exhibit, there has to be many disclaimers. I am an engineer and an auto buff. I don't have the time to get into details (and you probably would not understand anyway, did that piss you off?) but there are many variables behind the physics; mass, wind resistance, air density, rolling friction, octane rating (BTU's), gravity......

I do not doubt someone could rig test results to get that number of 100 MPG but it would NOT resemble anything close to reality. I have heard these claims for a long time and called my Dad on it and just looked at me and got pissed and changed the subject. Without getting into the formulas, did you ever wonder why trucks get poor fuel economy (mine gets 15 MPG) vs. motorcycles (mine gets 55 MPG)? It is mostly mass. and the fact that you have to get up to the "highway" speed somehow. Are you going to push it? Actually, my motorcycle gets 65 MPG on extended trips since at that point it is mostly wind resistance (even though my bike has a higher coefficient of drag than say a Corvette, it's total drag is less because it also takes into consideration frontal surface area, less for the bike). IT weigh's 500 lbs. vs. my trucks 5,000 lbs. (OK, I know weight is not mass but that is all we can go by.)

Just like you & tmosley stated earlier, there are technological game changers. If there was one for the 100 MPG carburetor, someone would have made a shit ton of money on it. Unless you want to believe TPTB can squash any technological game changer then the ones tmosley posted are also toast. What a conundrum.

Don't know if any of my rambling made any sense but I am in a hurry, gotta go to my sons baseball game. Maybe I can elaborate more at a later time.

@balz - Stop looking at

Submitted by cpnscarlet on July 17, 2012 - 5:21pm.

@balz -

Stop looking at yourself and learn to appreciate what is a COLLECTIVITY.

Are you just trying to find every possible way to piss this crowd off? Is it your new hobby? I'm not a troll-caller, but I am ready to suggest that you being here must be for SPORT and not for finding a sympathetic audience or a bunch of kindred spirits. After this weekend's posts, I'm just this close to "STFU".

@gearhead

Submitted by Dagney Taggart on July 17, 2012 - 5:26pm.

You'll need to take it up with the museum. I know what I saw. I'm also a CivE and can read.

Carburetors

Submitted by I_ate_the_crow on July 17, 2012 - 5:36pm.

Charles N. Pogue - patent #2,026,798 design was used on a 1935 Ford V8 which resulted in 26.2 miles on one pint of gasoline, or in other words about 200 miles per gallon. For more information on this and other high mileage carburetors see Secrets of the 200 MPG carburetor by Roadrunner Publications. See patents (1,938,497) (1,997,497)(2,026,798)

JR Fish - This is the famous Fish carburetor which guaranteed at least 20 percent better gas mileage than old-style carburetors. It can also easily be switched for alcohol. See patents (2,214,273) (2,236,595) (2,775,818) (2,801,086)

Edwin V Gray - Patented a motor that requires no fuel and produces no waste. An article appeared in the June 1973 issue of Probe the Unknown titled "The engine that runs itself". See patent (3,890,548)

Arlington Moore - Seventeen patents of interest can be found between (1,633,791) and (2,123,485)

Source: Suppressed Inventions and Other Discoveries, by Jonathan Eisen (suffice it to say that the carburetors, which I only only referenced a few of, barely scratches the surface)

beat me to it

Submitted by peckerwood on July 17, 2012 - 5:45pm.

Printer-friendly version

Pogue Carburetor, 'Gasoline Vapor Maker' Increase Mileage

Charles Nelson Pogue invented a carburetor that vaporized gasonline, instead of nebulizing it into tiny drops, thus dramatically increasing mileage per gallon of gasoline used. Like so many other inventions, that carburetor did not fit in with the business plans of those in the auto and oil industries. It was bought and shelved, leaving enthusiasts to try and make their own ... if they had the specialized knowledge and tools to do so.

the rest is here...

http://blog.hasslberger.com/2007/04/pogue_carburetor_gasoline_vapo.html

just a suggestion to all - you are connected to the internet, so use it. i don't mind all the fighting as long as you come armed.

exiled

Submitted by opticsguy on July 17, 2012 - 5:48pm.

25MPH is my sprint speed. I can do for about 3 minutes. My average speed on flat ground is about 21 (10-15 miles). Not bad for someone pushing 50.

This assumes 20% thermodynamic efficiency, about right for an Otto cycle engine. Some fancy carb isn't going to change the fact that 80% of the chemical energy ends up as heat.

@Dagney

Submitted by OrangeAlert on July 17, 2012 - 5:51pm.

I just find it amusing that out of all the people here, it was you who brought up some super efficient carburetor you saw once. Whether it was done on accident or purpose, it would have been a whole lot more entertaining if John Galt and Hank Reardon started commenting on the topic as well. Could have had entertainment all day I bet.

Well done Pecker

Submitted by Dagney Taggart on July 17, 2012 - 5:59pm.

I'm doing a few other things right now and can't surf. Maybe humanity has a chance.

Peckerwood

Submitted by I_ate_the_crow on July 17, 2012 - 6:00pm.

LOL. I decided to post that before getting the nightly beer, shoulda went to get it and wouldn't have had to post anything.

This is a tricky subject to research. Some are most definitely just failed inventions, while others are 100% documented as being supressed, or at the very least would be concluded as such beyond a reasonable doubt by a jury of our peers with common sense.

Here is another patent I find interesting, which I've filed under "things that should make people go hmmmmmm...."

http://www.scribd.com/doc/4296843/US-Patent-5003186-Stratospheric-welsbach-seeding-for-reduction-of-global-warming-spraying-with-aluminum-

@Orange

Submitted by Dagney Taggart on July 17, 2012 - 6:01pm.

I did call out where I saw it so it's just a coincidence. I'm not entirely convinced they are the same men they used to be. Thank you for reminding me of that "other carburetor".

Diesel Auto's in Europe and here.

Submitted by Karankawa on July 17, 2012 - 6:12pm.

Free Market in US is a thing of the past.

pogue carb

Submitted by peckerwood on July 17, 2012 - 6:12pm.

i have a patent myself. i know what they can and can't do. i learned the hard way that your patent is only as good as your lawyer. it is nearly impossible for a little guy to get a decent patent - the deep pocketed corporations will litigate until you run out of money. to get a patent, the patent is actually "prosecuted" by your legal team.

so anyway, i am sure that some good technology has been shelved. also, because of what i learned, i am sure that technology can be suppressed for much longer than the 17 utility patent term.

a Bier run sounds like a good plan :-)

@ No balz and Liibero

Submitted by heyJoe on July 17, 2012 - 6:13pm.

Your right, progressivism is great today. Especially if you getting a government check and living in your parent's basement.

I need more pills

Submitted by Sisyphus on July 17, 2012 - 6:16pm.

What is up with the [expletive deleted] miners. HUI is bout to go big flop according to technicals.

So miners are

(1) run by incompetent nitwits who couldn't organise a pissup in a brewery?

(2) Ruined by ever-rising costs? (I saw a diagram - costs rising, profits rising more, so no).

(3) Victims of the fear of politics and mine nationalisation?

What?

Little Bitches STFU Yourself!

Submitted by Pegasus on July 17, 2012 - 6:20pm.

Everyone complaining about how hard they work, how much tax they pay for everyone else's benefit, how lazy all government workers are, how anyone who doesn't agree with them, or holds a progressive viewpoint doesn't belong here and is therefore a trolling scumbag, are just little fucking sissy ass bitches who always find a reason to blame someone else for their problems. Stop it with all the fucking left bashing and deal with life. Quit being such sociopathic wing nuts. We all have to do things and pay for things we would rather not, but that doesn't give us the right to rampage on anyone that we (you) disagree with.

I am so fucking tired of the petty ignorant BS stereotype spewing assholes on this website that it makes me sick. I don't care if this is a right wing dominated enclave or not, why don't you just keep your seriously flawed ideologies to yourself and stick to the business of what really matters, and that is PM's?

The right and the left have all collectively contributed to the problems we face. Our survival is not going to be enhanced by further alienation and blame. You know who you are!

"Patented a motor that requires no fuel and produces no waste"

Submitted by Bollocks on July 17, 2012 - 6:27pm.

The source loses any possibility of credibility.

@Pegasus - If progressives

Submitted by cpnscarlet on July 17, 2012 - 6:33pm.

@Pegasus - If progressives and collectivists had the answers, the USSR would have truly been a worker's paradise and North Korea would have the obesity problem instead of the US. And just look at the Euro-Socialist model and how it has spiraled out of control.

It's called empiricism, try it.

When it comes to collectivists, I'll stick to my "sociopathic", "alienating", "blaming" behavior because there IS RIGHT AND WRONG, even if you're not a fan of LEFT OR RIGHT.

BTW - Which end of the Pegasus are you?