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Archive for 2009

The Perpetual Motion Scam

Tuesday, December 22nd, 2009

By Adam Lass, Senior Editor, WaveStrength Options Weekly

Précis: The Fed’s Trillion-Dollar Bomb is guaranteed to push up this asset 95% over the next few months.

Does this whole Federal Reserve/Treasury note debacle have you a tad confused? Don’t feel too bad about it. Because you’ve got some 10 million fellow investors banging their heads on their desks right along with you.

Most every financial editor and cable news talking head has spent the past few days “explaining” what just happened, and most folks are more confused than ever. Cross-eyed. Hornswoggled!

The evidence? As I sit to write, the markets are actually lower than before Bernanke leaned out the window of his ivory tower on Constitution Ave. and pronounced that he would invent a trillion new dollars from thin air.

Washington’s Idea of a Joke

There are several interesting ideas to be gleaned from all this.

First off, it is mightily amusing that the Marriner S. Eccles Federal Reserve Board Building is located on Constitution Ave., seeing as how that particular document makes no mention whatsoever of that particular institution.

Okay, perhaps “amusing” is not the right word. How about “bitterly ironic?”

The Road to Ruin

Second, regardless of whether it was just, safe or even sensible, the Federal Reserve has been a major force on the markets for the better part of the past few decades. When I was a mere pup, perhaps six or seven people outside of Washington, D.C., even knew the name of the Fed Chairman. And they all worked for the Financial Times and The Wall Street Journal.

I think it’s fair to say that Paul Volcker was our first central banker to even begin to intrude into the public consciousness. But it was Alan Greenspan who became the FOMC’s first celebrity chairman.

Problem is, Greenspan’s very public nature may very well have poisoned the U.S. stock market. That’s right, it might not even be what he did so much as the fact that he did it so loudly that has brought us to ruin.

The Worst Reasons in the World

Under his regime, no investing fact could be accepted at face value. Let’s say for a moment that Wall Street announces tremendous profits across the board. Everyone is making money hand over fist. Prior to Greenspan, that would be considered a great reason to buy stocks.

Sounds rational enough, doesn’t it? American companies are making money, so you should kinda want to own them?

But after the arrival of our very own Rock-God Banker, announcements like that would trigger sell-offs – because now the Fed would raise its short-term bank rate. On the flip side, a slew of quarterly losses were a great reason to buy stocks because every taxi driver and sewer worker from here to Paducah just knew for a fact that now “rates” would go down.

Rewarding Incompetence

This change was no accident. Rather it was the deliberate policy of Alan Greenspan’s Federal Reserve to act as a break against any sizable market movement in either direction.

It also introduced an illogical toxin into America’s bloodstream. Post Greenspan, failure became the only reason to buy while the only sane reaction to success was to sell immediately.

Quality and value automatically represented their exact opposites. Is it any shock then, that we now find ourselves giving million-dollar bonuses to the riskiest players on the block? (Heck, we even keep giving them bonuses after the damage is done.)

More Dollars = Less Wealth

But now, suddenly, things are different. Now we have Alan Greenspan’s successor at the helm of our semi-independent central bank, a gray man who can’t seem to affect the market no matter what he does or says.

I’ve occasionally wondered if perhaps Ben Bernanke’s goal was to rescue the country from this poison by returning the Fed to obscurity. Seriously, the FOMC just announced that it would leave rates at zero for the foreseeable future, and also dump a trillion brand new dollars on us… and the market went down.

Or maybe, just maybe, folks have finally caught on to the whole scam. Could it be that most every investor out there finally understands that that banks – regardless of delusions of grandeur – simply cannot create wealth simply by printing money?

Perpetual Fraud

It’s like the old 17th century dream of perpetual motion, wherein water falls on a wheel, which in turn both powers a mill and pumps the same water back to the top of the machine so as to perform the whole cycle again and again, ad infinitum.

And just as the laws of physics prevent these machines from actually working, the laws of economics state that we can’t bring trillions in genuine new wealth into the system by buying trillions of dollars’ worth of our own bonds.

In the end, more dollars without more GDP simply means weaker dollars, each one capable of doing less. And not only the ones they are printing, mind you, but all of them, including the ones you are holding too.

The Return of an Old Arch Enemy – and a New Opportunity

It’s called inflation, folks, and we are already seeing it reappear in the nooks and crannies of the system. Producer prices are starting to climb again, as are consumer prices. And as in the beginning of most every inflationary cycle in recent memory, energy is leading the charge.

Which brings us to the third and final idea for today’s column. Crude futures set a double bottom last December and this February. Now the move through $50 has confirmed the breach of the 12-month falling trend. The next marker in the new upside trend will be a return to the previous “normative” of $95/barrel by next December.

This 95% price increase offers traders numerous opportunities to offset the penalties the diminishing dollar will enforce on all. One could simply buy shares of the S&P energy SPDR ETF (XLE:AMEX), and capture most all of this action.

Or you could select your own basket of well-positioned energy companies, and deploy call options against the same, looking to leverage your gains 10-to-1 against the sector as a whole. This is the path I will be recommending to readers in tomorrow’s WaveStrength Option Weekly issue.

Regardless of whether you go long oil, or gold, as has been mentioned repeatedly by Justice and me over the past few weeks, or simply short the dollar via such funds as the Powershares Short Dollar ETN (UDN:NYSE), you simply must act soonest to guard against the Fed’s depredations.

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Pottery Barn for Kids Nursery Tips

Monday, December 21st, 2009

Congratulations you have a new child on the way, ! Without doubt you’re excited about the coming birth and you in all likelihood have a ceaseless list of projects you need to get finished ahead of the baby’s arrival. One of the things at the top of your list is likely getting the  baby’s room prepared. No doubt you need quality products for your nursery, and one outstanding brand to think about is Pottery Barn Kids Products. They are recognized as being quality, cozy, and beautifully designed. If you’re not sure where to start when decorating your baby’s room with Pottery Barn Kids Products, here are a couple of tips to get you on your way to decorating a beautiful nursery for your new baby.

Tip #1 – Pick out a Décor that Will endure Through the Toddler Years – While you are decorating your nursery with Pottery Barn Kids products, it’s best to select a décor that will last though the toddler years. You don’t need to immediately change your nursery when they get to the toddler stages, as this could become costly rapidly. Therefore, go with a décor that will look fantastic in your nursery and that will continue looking great while your child gets to be a toddler as well.

Tip #2 – Go with Superior Bedding Options – Naturally you’ll likewise prefer to go with quality bedding options when you’re decorating a room for your child also. The bedding ought to be well made, and typically cotton embodies the best choice, as it’s comfortable and will not cause your baby to be to hot or allow them to become too cold. All the same, you likely won’t want to spend a fortune on the baby bedding, because infants frequently have a way of making messes on the sheets. Therefore, while you want quality bedding that will let your child sleep in comfort, you do not need to buy something you can’t easily replace either.

Tip #3 – Pick out Furniture that performs Double Duty – whenever you are choosing furniture for the nursery, go with furniture that is going to perform double duty for you. Nowadays you are able to get a lot of dressers that double as changing tables also. Not only will it save you money while you are decorating the nursery, but it will preserve space in the room also.

Tip #4 – Avoid Heavy Covers – while you are decorating the baby’s room with Pottery Barn Kids products, be sure that you avoid heavy covers for your infant. Blankets that are too heavy could be life-threatening, particularly if it accidentally gets pulled up over the head of your infant. Therefore, opt for lighter covers that agree with the rest of the room’s décor.

Tip #5 – Keep the Pillows and Cushions Out of the Crib – finally, as you’re decorating the baby’s room, keep the pillows and cushions out of the crib. Sure, you might find some amazing Pottery Barn Kids cushions or pillows that would look lovely, just use them someplace else in the nursery other than in the crib. Pillows or cushions in the crib could increase the chance of SIDS.

AWOLOWO AT 100

Monday, December 21st, 2009

It is now one hundred years since the birth of the late sage, Chief Obafemi Awolowo and deservedly, his centenary birthday was marked last week. Accordingly, both the living and the dead have wished the legendary nationalist a happy birthday and many prosperous returns right there in his grave in Ikenne.

In both life and death, Awo, as Awolowo is fondly referred to, stands tall as one genius and patriotic mind, whose name has refused to be wished away in the annals of Nigeria’s corporate existence. Year after year, Awo’s birthday is celebrated by his admirers across the nooks and crannies of Nigeria in grand style. Given the glamour and enthusiasm with which Awo’s birthday is celebrated every year, family,friends and admires always converge at his grave yard, Awo’s current country home, to give the renowned philosopher a bangle, salutation and loud ovation.

Marking his Centenary birthday this year, the celebration commenced in Lagos last Tuesday, with his centenary anniversary lecture delivered by Nobel Laureate, Professor Wole Soyinka, at the Nigeria Institute for International Affairs.

The crowded auditorium accommodated eminent Nigerians as well as notable persons who share the ideals of the late sage

By the time Professor Wole Soyinka concluded his 17-page lecture, none was at a loss that Nigeria still has a far way to go in attaining nationhood.

Earlier on Thursday, January 29, 2009 at the Muson Centre, Onikan Lagos, Lagos state Governor Raji Fashola delivered an address to celebrate the occasion of the 100th Post Humous Birthday Anniversary of late Chief Jeremiah Oyeniyi Obafemi Awolowo.

Describing, the Late Sage as a truly awesome human being who has grown larger in death than when he was alive, Governor Fashola said it was divine that God made Chief Awolowo a Nigerian by birth to show the way to a people he truly loves and has blessed more than any nation on earth.

He further added “The ideas he canvassed many decades ago, the problems he foretold when I was not born and the solutions he proffered at that time are still with us today. The problems still challenge us as indeed the solutions he proffered are relevant.

His achievements in brick and mortar, such as the Liberty Stadium, Cocoa House, Premier Hotel, Ikeja GRA, Ikeja Industrial Estate, Shonibare Estate to mention but a few are reminders to all of us of how little we have failed to add to what he started.

His far sightedness and foundations for the future in his published works like the “Voice of Reason”, “The Problems of Africa”, “Path to Nigerian Freedom”, “The Peoples’ Republic”, “My March Through Prison” and “The Travails of Democracy and the Rule of Law” are eloquent testimonies of how much time he devoted to prepare the future for a nation he loved so dearly and a people he served so selflessly”.

Also commenting on the people who predicted gloomy times ahead for Nigeria, and the role of taxation, Governor Fashola quotes Chief Awolowo in the following words:

Newspaper readers would have noticed that of late an economic prophet of gloom had emerged, warning people about the disastrous future that awaits this country. But I do not share the view of that prophet. It is well known that during the past ten years the revenue of this country has increased with little or no effort on the part of any Financial Secretary by about 400 percent. Of course, the expenditure has also increased correspondingly. And I suppose that some Hon. Members would have read in the press a statement of mine which was published on Saturday, the very day on which the Honourable the Financial Secretary delivered his Budget Speech. In that statement, I did make a point to note that there is no cause for alarm about the future of this country, that is, speaking economically and financially, and that the future will be what the leaders of this country choose to make it.

The Governor concluded his address like this “Even as we have named monuments and institutions after Chief Jeremiah Oyeniyi Obafemi Awolowo, I think that we have not honoured his memory and service enough. I think the greatest honour we can do him is to listen to his immortal words as he speaks to us in his written words to enthrone a government that is good, that cares and that serves the people for whom it exists”.

Chief Jeremiah Obafemi Awolowo was born on March 6th, 1909 and died on May 9th, 1987. He was a Nigerian politician and leader, a Yoruba and native of Ikenne in Ogun State of Nigeria, who started as a regional political leader like most of his pre-independence contemporaries.

He founded many organizations, including Egbe Omo Oduduwa, the Trade Unions Congress of Nigeria and the Action Group political party. He was an active journalist and trade unionist. As a young man, he was the Editor of “The Nigerian Worker” amongst other publications while also organizing the Nigerian Produce Traders Association and serving as secretary of the Nigerian Motor Transport Union among others.

Barnes & Noble nook – cause for my first tech support call

Sunday, December 20th, 2009


I received my new BN nook on Wed., December 9th. Purchased e-book of Leslie Caron’s memoir “Thank Heaven” – found that at my preferred font size, a number of pages “disappeared” from view. Video documents problem before I apply the recommended fix from Barnes & Noble tech support.

Caution! Is This The Biggest Psychic Reading Rip Off Ever? (Nancy Thinks So)

Sunday, December 20th, 2009

Are you worried about getting a psychic reading?  Do you fear being scammed, ripped off or simply let down?  If you said YES…..you are NOT alone!  In fact, many of us who are true blue and authentic devotees of the amazing gift of emotional and energetic intuition, authentic mediumship and provable psychic skills are STILL afraid of coming across a swindler, scam artist or other person of poor ethical compass or caliber.

Which Brings Me to The TRUE Story Of Nancy….a Regular Reader Who Had a Very “Unpleasant” Experience (name changed to protect the innocent..:-)

What did she do?  She hired an overseas woman to conjure up a psychic spell.  And this wasn’t’ any ordinary spell….it was designed to help Maggie get back the love of her life.  (who had just unceremoniously dumped her for another woman after almost 12 years together) Suffice it to say, Nancy was unhappy.  To be more accurate, she was actually beside herself with grief, worry and a wee bit of self pity to boot.

What Happened?

Nancy came across this woman on a forum, and proceeded to send her 1200 dollars via Western Union for this “love spell” which was promised to re-unite her with her beloved in 3 weeks or less.  And not only did she have the audacity to take Nancy’s hard earned money once, she actually had the nerve to ask for a “few hundred extra” for some special spell “bonus” that was going to be irresistible to Nancy’s lover just a few days short of the 21 days expiring.

How Does the Story End?

Exactly as you would expect it to.  Nancy’s lover remained long gone.  And Maggie was down close to 1500 dollars.  And the woman who promised the spell?  Nowhere to be found.  Email box closed.  No response.  No phone number.  And certainly no refunds.

The Moral of the story is clear.  Real psychic readings are easy to get.  Authentic, gifted and COMPASSIONATE intuitives are easy to find.  So STOP searching the forums and the nooks and crannies for people who are not only not psychic….they also aren’t very nice.  Stick with legitimate services, with REAL people and real money back, satisfaction guarantees.  And you’ll never have a story like Nancy.  (who I might add…..is now HAPPILY involved with a brand new man who makes her VERY happy, and is grateful that the spell didn’t work after all!)

Caution! Is This the Biggest Clairvoyant Rip Off Ever?

Sunday, December 20th, 2009

Are you skeptical of getting a psychic reading? Do you fear being ripped off or simply let down? If you are…you are NOT alone! Many of us who are true blue believers in the amazing gift of emotional intuition, genuine medium ship and authentic psychic skills are STILL afraid of coming across a swindler, scam artist or other person of poor moral and ethical caliber.

Which Brings Me to The Story Of Maggie…a Regular Reader Who Had a Very “IRREGULAR” Experience…

What did she do? She hired an overseas woman to conjure up a psychic spell. And this wasn’t’ any ordinary spell…it was designed to help Maggie get back the love of her life. (Who had just unceremoniously dumped her for another woman after almost 12 years together) Suffice it to say, Maggie was unhappy. To be more accurate, she was actually beside herself with grief, worry and a wee bit of self pity to boot.

What Happened?

Maggie met this woman on a forum, and proceeded to send her 1200 dollars via Wire Transfer for this “love spell” which was promised to re-unite her with her beloved in 3 weeks or less. And not only did she have the audacity to take Maggie’s hard earned money once, she actually had the nerve to ask for a “few hundred extra” for some special spell “bonus” that was going to be irresistible to Maggie’s lover just a few days short of the 21 days expiring.

How Does the Story End?

Exactly as you would expect it to. Maggie’s lover remained long gone. And Maggie was down close to 1500 dollars. And the woman who promised the spell? Nowhere to be found. Email box closed. No response. No phone number. And certainly no refunds.

The Moral of the story is clear. Real psychic readings are easy to get. Authentic, gifted and COMPASSIONATE intuitives are easy to find. So STOP searching the forums and the nooks and crannies for people who are not only not psychic…they also aren’t very nice. Stick with legitimate services, with REAL people and real money back, satisfaction guarantees. And you’ll never have a story like Maggie. (Who I might add…is now HAPPILY involved with a brand new man who makes her VERY happy, and is grateful that the spell didn’t work after all!)

Barnes & Noble Nook unboxing

Saturday, December 19th, 2009


On 12/8/09 I got the Nook that I had pre-ordered on Oct. 20. This is the un-boxing of it. We use e-readers aboard our sailboat. They save a lot of space and give us access to numbers of books we could not carry with us. I just posted a first review and Side-By-Side with our Sony 505 on our web site at: www.svguenevere.com

Global economy is on the way of recovery, how should we take this opportunity?

Saturday, December 19th, 2009

Speaking at a press conference in Vienna, Strauss-Khan said “the worst of the economic crisis is behind us, “as international institutions and central banks now have a clear picture of the risks to the economy”. The turnaround in the global economic slowdown came in October or November this year and we are on the way of recovery.

 

Global economy recovery brings new opportunity and enterprises are beginning to investing again. How should we take this great chance?

 

Among all the industries,

<a onClick=”javascript:pageTracker._trackPageview(‘/outgoing/article_exit_link’);” href=” http://www.salvationdata.com/data-recovery-solutions/data-recovery.htm

”>

Data Recovery</a> is a good choice.

 

Data recovery is the process of <a onClick=”javascript:pageTracker._trackPageview(‘/outgoing/article_exit_link’);” href=” http://www.salvationdata.com/ “>salvaging data</a> from damaged, failed, corrupted, or inaccessible secondary storage media when it cannot be accessed normally. Often the data are being salvaged from storage media such as hard disk drives, storage tapes, CDs, DVDs, RAID, and other electronics. Recovery may be required due to physical damage to the storage device or logical damage to the file system that prevents it from being mounted by the host operating system.

 

There would be risk free for investing in flash data recovery

 

Market analysis

The hard disk recovery market is both mature and saturated. However, only few people is doing much in the flash data recovery market, or at least not yet. On the other hand, as you know, the mass market is saturated with memory sticks in every nook and cranny of life. Surely someone, someplace is desperately needing the flash data recovery.

 

Business cost

Unlike hard drive recovery, we do not need a clean room and this can save a huge cost for the equipments in the beginning stage. We can begin our business with a good flash memory reader, therefore your startup costs will be very low.

We can find a few providers for flash solution worldwide, such as SavlationDATA, ACE. It can recover data from damaged flash media (both physical and logical problems) and works on all NAND-based flash devices

10 Best Series of Articles

Saturday, December 19th, 2009

India with its huge diversity, myriad traditions, ethnicity and cultures has been a traditional hotspot for travelers since ages, suiting in the process every taste, age groups, nationalities and even religious preferences. To explore and write about the true colours of India far removed from the glossy tourism brochures is a challenging proposition. Every nook and corner of India is brimming with something unique throwing in an element of surprise that is but not only limited to natural beauty, grand monuments or rich cultural traditions.

In India where languages change after every few kilometers, greatly varying topography, marvels of the past coexisting with modernity, huge difference between rural and urban settings- the only way out to fathom such distinctness is through travel.

Travel is the best educator and one of the surest ways to discover India is to look at its diversity from angles that are not clichéd yet. From Kashmir to Kanyakumari and Kutch to Kohima there lies an incredible treasure trove, sometimes out in the open but oblivious to the common eyes or hidden somewhere in the depths waiting to be discovered.

What is needed to tap into these hidden depths? An uncanny knack of seeing beyond the obvious with a fresh new thought to collect divergent information in an effort towards creating interesting, relevant, meaningful and practical ways of sustainable tourism.

The 10 Best Series, a compilation of short articles is an effort to bring together under one platform the unsung tales from various parts of India. It is like a crash course tailor made to arouse genuine interest among the readers to learn more and then travel to those places to take a look firsthand and learn. The series tries piecing together different fragments of Indian diversity and promote a culture of information sharing and wisdom.

The 10 Best Series bridges the information gap by going on a journey of discovery which is varied as the country itself. So from the best monsoon destinations of India to the best aquariums or from the 10 Best places to spot Elephants to 10 most spooky places -the variety is remarkably contrasting. Culled from reliable and authentic sources, the series by far has covered nature, History, wildlife, sacred places, engineering marvels, transport, buildings and in the future plans to capturing every small and rare gem that makes India alive and thriving and make it as part of the 10 Best Series.

Barn Conversion Funding Information and Build Tips

Friday, December 18th, 2009

If you take a look at most of our rural areas you will be amazed to see just how many farm lands have run down barns on their land ideal for renovation or converting from a disused barn to a stylish and exclusive family home.

Obviously the first trick is to find such a barn, many landowners will offer such properties through the normal channels such as estate agents and auction houses however there is no substitute for actually going out into the area you would like and seeing just what is lying in a derelict state or simply not really used.

When a suitable project is located the first most obvious question is does planning permission exist to convert the barn to a residential property, if not extreme caution is needed as the local council may decline any new proposal leaving you with a barn but very little scope for development and possibly a complete waste of money.

If there is planning permission check out any stipulations or restrictions in it as these could limit the potential to develop it as required such as keeping within the current buildings foot print, another crucial area to look at is if there are any agricultural restrictions on it such as you can only buy it if you keep livestock in the area, whilst you mind find that an attractive proposition someone looking to buy the barn in the future may not and it would damage the future sale value. On the same subject should you be looking to obtain a mortgage to fund the purchase or build (or both) any potential lender would probably decline the application on the grounds of an agricultural tie.

Quite obviously a barn is probably going to be the countryside hence care should be taken to take note of any wildlife issues such as bat colonies as if they are in residence or nearby the whole project could be put on hold or even cancelled until the issue is resolved.

Another overlooked point is the matter of access, firstly does the local land owner or even the seller have any rights over any roads or land that could cause a problem in the future, then you need to consider how any delivery vehicles are going to get to the barn to deliver supplies of bricks etc.

However to move on let’s assume that all the initial enquiries seem to point to it being a viable option you will now need to look at the funding options for such a project in other words the total funds required for both the purchase and all the associated build costs, when looking at the build costs always leave an amount aside for contingency (normally at least 10%), failure to do this could leave you short of funds with an unfinished project.

A lender will look (firstly) at three main areas when assessing their agreement to lend on such a project 

1 Initial Cost Of Purchase

2 Costs of the Build

3 End Value of the Finished Project

Once these appear to fit (on paper) the lender will look at the applicant (credit score income etc) then they will look at the applicants plans for the conversion taking into consideration who will be doing the work, what certificates will be available when the build is finished and who (if any one) will be supervising the work (such as an architect or surveyor).

Having the notion or belief that you will be able to carry out the work yourself will not impress any lender they will want to see the project is financially sound and properly managed as their funds will be tied up in the project and they need to be confident their money (and security will be safe).

Most barn conversions are funded via a self build type of mortgage where the lenders will release a percentage of the purchase price then the remainder (for the build) in arrears at the end of each stage once their surveyor is satisfied the build is up to standard and has added the correct value at each stage, importantly its the lenders surveyor who they will rely on to confirm all values etc are correct hence if you purchased the barn for £100,000 but if their surveyor values it at £80,000 then that is the value they will work from not your purchase price.

Whilst their is obviously a great deal to take into consideration when planning such a project even in today’s financial climate a well thought out and well built project an not only produce a dream family home but also a property that can gain a large amount of equity in it at the finished stage.

As with most things in life you will always be advised to seek the services of a specialist broker when looking to fund such a complex but worthwhile venture.