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Archive for the ‘Free Markets’ Category

John Armor Article in Human Events

Posted by Thunder Pig on July 30, 2008

Local author, raconteur, and former primary candidate in the GOP NC-11 race, has an article on Human Events entitled, “Anybody Remember The Red Lion Case?” and here is a snippet to whet your appetite for more:

…What Justice White does not include in his opinion is the relative availability of media when he was writing his opinion. There were slightly more than 4,000 daily newspapers in the United States, then. Most major cities had competing dailies. Some cities like Chicago and New York, had more than six competing newspapers.

At the same time, in 1969, the number of TV licenses were in the hundreds, and there were fewer radio licenses than newspapers.

Today, all of those figures are reversed. The number of daily newspapers is down to about 2,000 and declining. The number of TV stations are above 10,000, and the number of radio stations about five times as many. Given cable and satellite technologies, the average American household now has access to at least 100 TV channels, plus dozens of specialized radio stations. That average household has access to less than two daily newspapers.

It was this change in the facts which led the FCC to end the Fairness Doctrine almost thirty years ago. The disparity, with print media declining and electronic media growing, has continued apace since then. This huge advantage in favor of individual access to broadcast channels that offer what they want, is increased by orders of magnitude when the Internet, plus pod casting, are added to the mix.

Those who are arguing for reestablishment of the Fairness Doctrine have not done their homework….

Source: Human Events

Commentary


You can bet everything you own that the Democrats will get a new Fairness Doctrine in place if Barack Obama is elected President, and that will mean the end of AM Radio.

Fortunately for us, the Internet will be here for the conservative commentators to utilize to side step the ban on conservative talk. That will be good for people who have access to DSL or faster Internet connections, but not for the millions who are on dial up, or listen while on the road, or away from computers.

Will wireless carriers be able to stream Internet radio? Or will people employ a work around like I did while WZNN/WZGM was offering talk radio programming? (I used a transmitter to take the audio from an AM Radio and transmit it on FM so I could hear the faint 1350 kHz signal on my Walkman on an empty slot on the FM Dial, usually 87.9 MHz, up to a mile from my pickup).

I am firm in my belief that if the Fairness Doctrine is passed, we will find a way around it…for the Neo-Stalinist Democrats do not understand the power of freedom, and the utility of Free Markets…that is one reason lefty talk never took hold. They just don’t get it, and never will.

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Posted in Concepts, Conservatism, conservative talk, Fairness Doctrine, Free Markets, john armor, neo-Stalinist Tacttics, Progressives | Leave a Comment »

Watch Those Trendlines!

Posted by Thunder Pig on July 15, 2008

This is Brian’s analysis of today’s action, ignore what the Legacy Media is screaming, and don’t forget to check out this oil price chart.

Brian blogs about the market trends at Alpha Trends.

Posted in Economy, Free Markets, Technical Analysis | Leave a Comment »

Technical Analysis Video For June 27th

Posted by Thunder Pig on June 28, 2008

For the naysayers on the economy, listen to Alpha Trends:

Smart traders make money no matter which way the market is going.

He has a book on Technical Trading.

Posted in Economy, Free Markets, Online Media, Technical Analysis | Leave a Comment »

Crunching The Numbers On Algal Gasoline

Posted by Thunder Pig on June 28, 2008

According to the US Energy Information Administration, US gasoline consumption is currently averaging (4-week rolling) 9.027 million barrels of gasoline per day, or about 379 million gallons (42 gallons per barrel). Thus, to completely replace US gasoline consumption, Sapphire Energy would need to “scrub”, at 100% efficiency, just over 83000 cubic kilometers of air per day. Certainly there is plenty of air available – this volume represents less than 0.02% of the volume of air in the first 1 km of atmosphere. Nevertheless, it is an enormous amount to process each day.

Of course, Sapphire Energy’s near-term goals are much more modest. As CEO Jason Pyle told Biomass Magazine, “the company is currently deploying a three-year pilot process with the goal of opening a 153 MMgy (10,000 barrel per day) production facility by 2011 at a site yet to be determined.” Using my fuzzy math above, that equates to a minimum of 92 cubic kilometers of air a day. Still seems like a lot.

So where will all of the CO2 come from?

Source: Watts Up With That? (Be sure and read the whole post over there).

Commentary

This is the one thing enviro-weenies seem to forget when they try to force alternative energy on us…it is usually not scalable the way oil is scalable. They make good supplemental sources of energy, but cannot replace oil completely.

I am very interested to see more research in this direction for producing fuels from biological sources that are not also food sources. Al Fin has a post on a similar effort that boasts 100,000 gallons of oil an acre production, which leaves me to ponder the possibility of lefties and enviro-weenies (often the same creature) will begin to oppose that process should it promise to free us from bondage to the Middle East, and perhaps create true wealth here. If it is successful…count on it as surely as the protests against wind mills and clean coal plants…which they championed a few years ago.

Posted in al fin, Alternative Energy, Economy, Free Markets, Peak Oil Debunking, science | Leave a Comment »

Economists see US avoiding recession

Posted by Thunder Pig on March 11, 2008

LOS ANGELES—The U.S. economy will suffer as the slumping housing market eats away at job creation and consumer spending, but the nation should avoid slipping into a recession this year, according to a new economic report.

A recession could still happen though, if the credit crisis that has stifled the housing market deepens, preventing consumers from buying big-ticket items like cars and businesses from spending on equipment, according to the quarterly Anderson Forecast by the University of California at Los Angeles.

“We don’t see that happening,” said Edward Leamer, director and co-author of the forecast released Tuesday. “This is a tough call, but I will be very surprised if this thing actually precipitates into recession.”

The forecast anticipates job growth remaining sluggish in 2008, with the U.S. unemployment rate rising to 5.5 percent by the end of the year. The February rate was 4.8 percent.

The forecast expects the economy to post gross domestic product growth of about 1.5 percent this year, rising to about 3 percent growth in 2009. GDP grew 2.2 percent in 2007, the weakest showing in five years.

The no-recession forecast runs counter to the outlook among many economists and financial pundits, who contend the economy has already started to shrink amid rising unemployment, job losses, record oil prices, and the lingering effects of the housing and credit crises.

The U.S. lost 63,000 payroll jobs last month, the second consecutive month of job losses. The last time the U.S. posted a two-month drop in payroll jobs was in 2003, when employers were still struggling through the aftermath of the 2001 recession.

Leamer said the nation may be experiencing negative economic growth in the current quarter. Economists generally look for at least two consecutive quarters of negative growth before they make a recession determination.

Source: Denver Post

[Emphasis mine throughout the article–TP]

Commentary

Of course, for Democrats, it is already settled science that we are in a recession, if not an outright depression. I expect that their report on the death of the American Economy is greatly exaggerated, like all those types who have been calling for a Financial Catastrophy since the 1980’s.


Dow Jones Industrial Average since 1900.

Posted in Economy, Free Markets, Press | Leave a Comment »

Who Needs Oil or Ethanol When You Can Grow Algae?

Posted by Thunder Pig on January 22, 2008

…PetroSun BioFuels Refining has entered into a joint venture to construct and operate a biodiesel refinery near Coolidge, Arizona. The feedstock for the refinery will be algal oil produced by PetroSun BioFuels at company owned and operated algae farms to be located in Arizona….The refinery will have an annual production capacity of thirty million gallons and will produce 100% renewable biodiesel. PetroSun BioFuels will process the residual algae biomass into ethanol….Petrosun claims that Independent studies have demonstrated that algae is capable of producing in excess of 30 times more oil per acre than corn and soybean crops.

Source: Al Fin

The Free Market will find a way to solve our problems, if only the givernment will get out of the way…

Posted in al fin, Alternative Energy, Free Markets | 7 Comments »

Video: Video Technical Analysis Stock Market Review For 0906

Posted by Thunder Pig on September 6, 2007

I am heavily into using charts to determine my market moves, (disclaimer—I take all my money out of the market in late July, and return sometime in September or October) and I discovered this guy a few months ago. I never got around to highlighting him until now. He blogs at Alpha Trends, and he usually puts out a video or two a day during trading, or shortly after the markets close.

John J Murphy is the best place to start, and get the study guide, too!

Martin Pring is also someone I study.

Posted in Books, Free Markets, Technical Analysis, video | Leave a Comment »