Saturday, November 30, 2013

Asset Quality is good. Re: QE Basel Iran War Fat Cat Gay Bankers deflation of veterans

You are mostly reinforcing what I said. The banking system is solid. Buy bank stocks before they become too inflated. The rich own bank stocks. The rich are getting richer while the poor get deflated. If banks can launder money with impunity then bankers must have know what they are doing. If investors continue to be idiots and pay too much for MBS bundles of subprime loans then banks will be making a lot of money in the future. It took 2008-1929=79 years to build up to the last crash. It will probably take longer to see the next crash because bankers got smarter. Get rich by buying bank stocks. The weakest 465 banks went bankrupt, gobbled up by the bigger stronger banks that remain. Many of those bankrupt banks were crooks "mortgage originators" that sold junk to the investment banks and caused the crash (WAMU Countrywide Indymac...) It is good that these crooks got flushed out of the system. http://en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008%E2%80%93present)

People want loans. Other people want to save. Banks will always be able to take deposits from savers and loan those to borrowers. They usually make a good profit for that work.

Banks have additional opportunities overseas. China has started the biggest demographic experiment in world history -- converting from a society of self-sufficient farmers into urban dwellers that will require massive financing of industrial, transportation, and commercial infrastructure. Considerable capital and bank expertise will be required. USA banks accomplished this over the last 100 years. China wants to do it much faster. http://en.wikipedia.org/wiki/Urbanization_in_China

India is highly deflated with a billion people living on less than $3 per day. They need bank loans to finance development and inflation. Banks are also deflating USA by importing deflated India tech workers on slave H-1B visas. http://en.wikipedia.org/wiki/Poverty_in_India http://en.wikipedia.org/wiki/H-1B_visa#Wage_depression

I will correct some misconceptions:

1) The Federal Reserve banks are owned 100% by member banks. Those shares cannot be sold or traded or used as collateral. There are no foreigners involved. http://en.wikipedia.org/wiki/Federal_Reserve_Bank#Function

2) There is usually very little or no borrowing at the Fed Discount Window. http://research.stlouisfed.org/fred2/series/DISCBORR

Discount Window borrowing is unimportant. It gets repaid. It is usually only overnight borrowing or for a few days. What little borrowing is done is usually borrowed by member banks. Only weak banks need to borrow. Borrowing is a signal to regulators to investigate the borrowing bank! Akin to growing marijuana in the front yard! Cops may think that is illegal. Banks avoid the discount window. http://en.wikipedia.org/wiki/Discount_window

3) The QE3 $85 billion per month is not increasing the money supply. M2 can be seen to be growing slower than in decades past by using log scales:
http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[object 0][id]=M2SL&log_scales=Left

This is probably due to banks hoarding the money as deposits at the Fed in response to the increased reserve requirements imposed by Basel III.

4) The Fed does not have to mark to market any of their holdings. They are holding those securities until maturity. So far they have not lost any of their face value upon maturity. For Treasuries, that is the same as saying they have not defaulted.

5) Banks are making money, not losing money on derivatives. Derivatives are usually a profit center. The 2008 crash weeded out 465 weak banks. Now profits are returning to the normal 1.2% on assets.

http://en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008%E2%80%93present)

6) Blackrock is an investment management company
http://en.wikipedia.org/wiki/BlackRock

Blackstone is private equity company
http://en.wikipedia.org/wiki/Blackstone_Group
After subprime mortgage crisis, Blackstone Group LP has bought more than $5.5 billion single-family homes for rent and then sell when the prices rise.

After house prices crashed, many investors bought those cheap houses and are renting them out and reselling them as prices rebound. I have seen no evidence that any single party Blackstone or Blackrock or other has dominated house buying. I see and know many people and companies who are doing such buying (I got 1 offer myself and made 3 offers). My grandfather did this many decades ago. There are more big companies in the field now than in the past, but none particularly big and dominant. It is a lot of work and usually not as profitable as other investments. Blackstone got in the news because they bought 80 apartment complexes -- not much.
http://online.wsj.com/news/articles/SB10001424127887324769704579009071517729420

7) Interest rates will rise because they are so low there is no direction to go except up. Deflation pushed the 10 year rate below 2.5%. If Yellen gives us the promised 2% inflation then that will drive bond rates up to 5%. Usually the real rate of interest is around 3%. 2%+3%=5%. http://www.treasury.gov/resource-center/economic-policy/Documents/long_term_rates_socialsecurity.pdf

8) The housing market is not tanking. Prices have rebounded back to near the peak of the bubble. See the attached graph.

Ron wrote:
> Joe,
>
>
> I agree only with your initial statement that "bankers are greedy > and competitive." It is true
> that governments can rein in bankers and they should. Unfortunately it > only communist countries such as the PRC and Vietnam that actually > hang bankers for fraud. Over here and in the City of London financial > district the tail is wagging the dog. Outright multiple billion dollar > drug laundering deals have been detected in the case of HSBC,Wells > Fargo, and B of A and the fines have been in the millions with no > criminal prosecutions. You will notice that when articles in the > corporate lamestream news discuss these penalties the amount of drugs > and potential profits realized are seldom mentioned. A broke American > worker on food assistance and EBT only sees the multi million dollar > fine and assumes justice has been rendered. (Remember Justice is > pronounced "just us").AG Holder has stated that the "too big to fail > banks" are also to big to prosecute. Holder previously worked as legal > counsel for Goldman-Sachs and I am sure GS has personal dirt on > Holder. Better stick to running guns to Mexico.
> What "bright line" rules or criteria do you use to differentiate > between a "good" or a "bad" investment banks that have access to the > Fed' discount window? To fraudulently bundle mortgage backed > securities and sell them around the world into hard working persons' > pension funds? Were those the product of good (read successful) > investment banks or "bad" (unsuccessful) investment banks?
> The so called "Fed" is owned by undisclosed global investment > banks. I wouldn't call the "Fed" the "ringleader" but certainly a > complicit partner. (conspirator). Certainly not there to "enforce > rules and order."
> The current state of affairs regardless of what is stated on the > official "Fed" website is that $85 billion a month of unbacked > currency is being created. (some sources such as Jim Willie Phd. > contend that amount may be closer to $200 billion per mo.) MBS paper > that is allowed to be be marked to infinity( LOL) instead of marked to > market is trash that is being swapped back to the "Fed" to be > rebranded as it is in Europe as Sovereign debt to be placed the backs > of US taxpayers while the banksters run up increasingly larger > derivative losses.
> House prices have held up because private equity firms such as > Blackrock are buying huge swaths of homes for cash. Recently China > FORMALLY announced what is already widely known that they will no > longer buy US T Bills at the previous rate. The "Fed" is the buyer of > last resort and multiple estimates show the Fed to be monetizing over > 80% of new Treasury issues. When "tapering" was announced a couple of > mos. ago the 10 year bond immediately rose 200 basis points on a rumor > alone. Despite massive monetization the 10 year bond remains above > 2012 levels. Interest rates will continue to rise because it takes > more and more air to inflate a balloon with a larger and larger hole. > Along with jobless consumers or consumers being paid in increasingly > worthless dollars the housing market will continue to tank. >
> Ron
>
> Bob,
>
> Bankers are greedy and competitive. Like blood-thirsty cannibals they > will kill and devour their competitors to get more money for > themselves (in the crash of 2008 many were gobbled up). To maintain > the big bank cartel they must get rid of incompetents and not give off > bad press. Like trust-buster T. Roosevelt, politicians can take away > Fed independence and bankers profitability. Or throw bankers in jail > if it gets too bad. >
> The Federal Reserve is the bankers' ringleaders who enforce rules and > order. The Fed does not want to be buying bad assets -- those stay in > the bad banks. Force bad banks to pay up or get out of the club. >
> The federal government is also levying big fines and otherwise > sticking their nose into bank business with new regulations. > Government lawyers can become big-shots by clobbering banks. The > banks and the Fed cannot do much with so many eyes on them. >
> Obama needs the money from QE (Total Fed assets is $4 trillion) > forthcoming from the Fed to pay for Obamacare and war on Iran. He > will get every penny. If the Fed or any bank loses something on bad > investments they will have to come up with the money some other way. > Banker's don't want to lose their bonuses. >
> The strategy is working -- asset quality is good and getting better. > The Federal Reserve Balance sheet shows most assets are Treasury > Securities plus a smaller amount of Mortgage Backed Securities. > http://www.federalreserve.gov/releases/h41/current/
>
> Mortgage Backed Securities values are booming because house prices are > booming (attached). >
> Underwater mortgages are starting to float above water except in > barrios such as Bakersfield Delano Vallejo Modesto Orlando Reno > Phoenix Stockton Las Vegas
> http://www.huffingtonpost.com/2013/11/27/mortgage-related-cases-ma_n_4347427.html > http://www.zillow.com/visuals/negative-equity/#4/39.98/-106.92 > http://money.cnn.com/2013/09/10/real_estate/underwater-borrowers/ > 2.5 million mortgage borrowers no longer underwater
> http://www.latimes.com/business/money/la-fi-mo-homes-underwater-20131121,0,4734801.story >
>
> If the housing boom continues then these will also go back above water > so all the Mortgage Backed Securities will have good value. Maybe > even banks will win some capital gains from Yellen QE4 QE5 QE6. >
> This is good news for banks -- their assets are being inflated (low > interest rates pushes bond prices and all assets higher). But bad > news for poor people who have to buy houses -- those houses are nearly > as expensive as they were before the crash. So the poor will have > their pocketbooks deflated when they buy those expensive houses (or > end up homeless). Home affordability is sinking. > http://www.latimes.com/business/money/la-fi-mo-home-affordability-20131107,0,1320034.story >
> If the poor take out a variable interest rate loan they will get even > more deflated when their mortgage payments go up as interest rates > rise in the Yellen "taper". >
> The rich get inflated while the poor get deflated, as planned. >
> Then war on Iran, as planned. Or a complete dismantle of Iran nukes. > After USA gets rid of our Black Muslim president Obama if he cannot > accomplish his assignments. >
>
> Bob wrote:
> > I have to wonder about the “quality” of those assets. Anything like > > TARP? So, if the bank assets are really “quality,” they are “performing” > > and nicely so. Why would the banks want to sell them to the Fed, then, > > much like the “toxic assets” of the last bubble? Or is it the habit of > > the Fed to buy every useless piece of non-performing garbage “asset” > > that they can so that the other banks can live while the Fed ultimately > > must expand until finally it explodes in death throes?
> >
> > Who examines and assures the quality of these fine assets like GMC and > > other delightful but archaic companies? We should all be so lucky to buy > > garbage “green” companies that once made solar and electric cars and > > similar useless unwanted junk. Mortgage Backed Securities will be more > > scrutinized now, so Blackstone, Deutsche Bank and others have teamed up > > to take those defaulted homes and create new financial scams -- RBS, > > Rent Backed Securities. Get a few rating agencies to tout them, and > > these speculative instruments will, I’m sure, be eagerly snatched up by > > our Fed so the junk banks can prey on more Americans.
> >
> > BB
> >
> >
> > In a nutshell:
> >
> > QE1 QE2 QE3 is a clever way to enrich bankers and finance the coming war > > on Iran. And deflate veterans, the elderly, the poor, and middle class. > >
> > Fed is buying lots of "quality" assets from banks. Banks take that cash > > and give it back to the Fed in the form of reserves as required for the > > Basel III rules which are more stringent than Basel II and Basel I. > >
> > Essentially the Fed is requiring banks to boost their reserves and is > > giving banks the money to post those reserves. Over $3 trillion > > already, according to the attached graphs. Yellen will probably not > > taper much until banks are filled with reserves. From all this money > > fat cat gay bankers also can pay themselves fat bonuses, and they get > > increased job security because there will be less chance for their bank > > to go bankrupt.
> >
> > Fat Cats take a lot of this money and buy stocks, bonds, gold, and other > > bubbly assets some of which help bankers meet their capital requirement > > (Level 2B below).
> >
> > The Fed will allow these securities to mature at which point the Fed > > will be sitting on $4-5 Trillion or more in cash. The Fed usually > > spends some of this money on themselves and gives the rest back to the > > USA Treasury.
> >
> > With this huge influx of cash into the USA treasury Obama can launch a > > full scale war on Iran. I doubt if he will give any of this windfall > > money to veterans or the elderly. More likely he will ask for more > > sacrifices in a time of war; and deflate veterans benefits, medicare, > > and social security. Not much trickle-down to the middle class and poor > > who will continue to be deflated except for those who qualify for > > Obamacare medicaid subsidies.
> >
> > If Christie replaces Obama that will be even better for fat cat bankers > > and worse for the poor.
> >
> > > http://en.wikipedia.org/wiki/Basel_III#US_Version_of_the_Basel_Liquidity_Coverage_Ratio_Requirements > >
> > Capital requirements
> >
> > Leverage ratio
> >
> > Liquidity requirements
> >
> > The U.S. LCR proposal requires financial institutions to have an > > adequate stock of High Quality Liquid Assets (HQLA) that can be quickly > > liquidated over a short period of time.
> >
> > The LCR consists of two parts: the numerator is the value of HQLA, and > > the denominator consists of the total net cash outflows
> >
> > The US proposal divides qualifying High Quality Liquid Assets into three > > specific categories
> >
> > Level 1 represents assets that are highly liquid Level 2A assets > > includes assets such as GSE-issued.
> >
> > Level 2B assets includes corporate debt and equity securities > >
>
>
house prices booming.pdf

Friday, November 29, 2013

Orlando Condo Prices Double! But still some bargains all over Florida

Disney world, Beaches, Oranges, Sunshine ... Better than Branson?

Low condo prices are good for investor-owners who can make money by buying a property and renting it out as the article states. Or for prospective resident owners who just want to save money on a place to live.

High condo prices are better for existing resident or investor owners who may want to sell for capital gains now or at some point in the future.

http://articles.orlandosentinel.com/2013-08-22/business/os-orlando-condo-price-doubles-20130822_1_orlando-condo-prices-cash-buyers-gainesville

Orlando condo prices double in 3 years

Orlando-area condo prices have more than doubled in less than three years, a new report shows.

The median price for a condominium or townhouse in the four-county area during July was $104,000, according to a report released by Florida Realtors Wednesday. During 2010, the units traded for a median price of $50,400 -- making Orlando one of the cheapest condo markets in the state at the time.

"When the market went down so low, all of Florida was for sale," "The lenders have not been lending on units and the values dropped tremendously."

Real estate companies advertised cheap Florida condominiums to buyers in the Midwest and the Northeast, spurring a frenzy of cash buyers that quickly drove up prices from the market bottom, she added. By leasing out the units, many of the cash buyers were able to quickly get a 10 percent return. Historically, landlords have had to wait three years after purchasing a rental property before they might get a profit.

The Orlando-area condominium projects that have performed the best are established properties built before the real estate boom and bust

Another issue has been that very few local condominium and townhouse developments have landed on the approval list for federal-backed mortgages -- killing buyers' chances of getting a loan. In many cases condominium associations have not filled out the paperwork required for the federal backing.

Of all parts of the state, Orlando in particular experienced one of the most dramatic condo turnarounds. During just the last year, Metropolitan Orlando condo prices increased 29.5 percent during the last year while prices for Florida's 20 largest metro areas increased 22.9 percent. Statewide numbers do not reflect the most current Brevard County sales.

Consider that three years ago – during a time when darkened windows defined condo projects throughout the state – Orlando and Ocala had the lowest condo prices in the state.

By July of this year, Orlando's condo prices had surpassed those of not only Ocala but also Gainesville, Tallahassee, Indian River County, Charlotte County, Polk County.

Boosted largely by relatively high-ticket condo prices in coastal counties, the median price statewide for the properties was $129,000 in July.

The panhandle area of Okaloosa County, which includes Destin and Fort Walton Beach, had a median condo sales price of $202,000 during July – the priciest condo deals in the state.

Asset Quality is good. Re: QE Basel Iran War Fat Cat Gay Bankers deflation of veterans

Bob,

Bankers are greedy and competitive. Like blood-thirsty cannibals they will kill and devour their competitors to get more money for themselves (in the crash of 2008 many were gobbled up). To maintain the big bank cartel they must get rid of incompetents and not give off bad press. Like trust-buster T. Roosevelt, politicians can take away Fed independence and bankers profitability. Or throw bankers in jail if it gets too bad.

The Federal Reserve is the bankers' ringleaders who enforce rules and order. The Fed does not want to be buying bad assets -- those stay in the bad banks. Force bad banks to pay up or get out of the club.

The federal government is also levying big fines and otherwise sticking their nose into bank business with new regulations. Government lawyers can become big-shots by clobbering banks. The banks and the Fed cannot do much with so many eyes on them.

Obama needs the money from QE (Total Fed assets is $4 trillion) forthcoming from the Fed to pay for Obamacare and war on Iran. He will get every penny. If the Fed or any bank loses something on bad investments they will have to come up with the money some other way. Banker's don't want to lose their bonuses.

The strategy is working -- asset quality is good and getting better. The Federal Reserve Balance sheet shows most assets are Treasury Securities plus a smaller amount of Mortgage Backed Securities. http://www.federalreserve.gov/releases/h41/current/

Mortgage Backed Securities values are booming because house prices are booming (attached).

Underwater mortgages are starting to float above water except in barrios such as Bakersfield Delano Vallejo Modesto Orlando Reno Phoenix Stockton Las Vegas
http://www.huffingtonpost.com/2013/11/27/mortgage-related-cases-ma_n_4347427.html http://www.zillow.com/visuals/negative-equity/#4/39.98/-106.92 http://money.cnn.com/2013/09/10/real_estate/underwater-borrowers/ 2.5 million mortgage borrowers no longer underwater
http://www.latimes.com/business/money/la-fi-mo-homes-underwater-20131121,0,4734801.story

If the housing boom continues then these will also go back above water so all the Mortgage Backed Securities will have good value. Maybe even banks will win some capital gains from Yellen QE4 QE5 QE6.

This is good news for banks -- their assets are being inflated (low interest rates pushes bond prices and all assets higher). But bad news for poor people who have to buy houses -- those houses are nearly as expensive as they were before the crash. So the poor will have their pocketbooks deflated when they buy those expensive houses (or end up homeless). Home affordability is sinking. http://www.latimes.com/business/money/la-fi-mo-home-affordability-20131107,0,1320034.story

If the poor take out a variable interest rate loan they will get even more deflated when their mortgage payments go up as interest rates rise in the Yellen "taper".

The rich get inflated while the poor get deflated, as planned.

Then war on Iran, as planned. Or a complete dismantle of Iran nukes. After USA gets rid of our Black Muslim president Obama if he cannot accomplish his assignments.

Bob wrote:
> I have to wonder about the “quality” of those assets. Anything like > TARP? So, if the bank assets are really “quality,” they are “performing” > and nicely so. Why would the banks want to sell them to the Fed, then, > much like the “toxic assets” of the last bubble? Or is it the habit of > the Fed to buy every useless piece of non-performing garbage “asset” > that they can so that the other banks can live while the Fed ultimately > must expand until finally it explodes in death throes?
>
> Who examines and assures the quality of these fine assets like GMC and > other delightful but archaic companies? We should all be so lucky to buy > garbage “green” companies that once made solar and electric cars and > similar useless unwanted junk. Mortgage Backed Securities will be more > scrutinized now, so Blackstone, Deutsche Bank and others have teamed up > to take those defaulted homes and create new financial scams -- RBS, > Rent Backed Securities. Get a few rating agencies to tout them, and > these speculative instruments will, I’m sure, be eagerly snatched up by > our Fed so the junk banks can prey on more Americans.
>
> BB
>
>
> In a nutshell:
>
> QE1 QE2 QE3 is a clever way to enrich bankers and finance the coming war > on Iran. And deflate veterans, the elderly, the poor, and middle class. >
> Fed is buying lots of "quality" assets from banks. Banks take that cash > and give it back to the Fed in the form of reserves as required for the > Basel III rules which are more stringent than Basel II and Basel I. >
> Essentially the Fed is requiring banks to boost their reserves and is > giving banks the money to post those reserves. Over $3 trillion > already, according to the attached graphs. Yellen will probably not > taper much until banks are filled with reserves. From all this money > fat cat gay bankers also can pay themselves fat bonuses, and they get > increased job security because there will be less chance for their bank > to go bankrupt.
>
> Fat Cats take a lot of this money and buy stocks, bonds, gold, and other > bubbly assets some of which help bankers meet their capital requirement > (Level 2B below).
>
> The Fed will allow these securities to mature at which point the Fed > will be sitting on $4-5 Trillion or more in cash. The Fed usually > spends some of this money on themselves and gives the rest back to the > USA Treasury.
>
> With this huge influx of cash into the USA treasury Obama can launch a > full scale war on Iran. I doubt if he will give any of this windfall > money to veterans or the elderly. More likely he will ask for more > sacrifices in a time of war; and deflate veterans benefits, medicare, > and social security. Not much trickle-down to the middle class and poor > who will continue to be deflated except for those who qualify for > Obamacare medicaid subsidies.
>
> If Christie replaces Obama that will be even better for fat cat bankers > and worse for the poor.
>
> http://en.wikipedia.org/wiki/Basel_III#US_Version_of_the_Basel_Liquidity_Coverage_Ratio_Requirements >
> Capital requirements
>
> Leverage ratio
>
> Liquidity requirements
>
> The U.S. LCR proposal requires financial institutions to have an > adequate stock of High Quality Liquid Assets (HQLA) that can be quickly > liquidated over a short period of time.
>
> The LCR consists of two parts: the numerator is the value of HQLA, and > the denominator consists of the total net cash outflows
>
> The US proposal divides qualifying High Quality Liquid Assets into three > specific categories
>
> Level 1 represents assets that are highly liquid Level 2A assets > includes assets such as GSE-issued.
>
> Level 2B assets includes corporate debt and equity securities >
house prices booming.pdf

online $ payments by Dwolla in Iowa. USA financial system vulnerable

Interesting Iowa company taking on the big bank antique payment systems that don't work well. Credit cards take 3 days to clear. Paper checks can take longer. Instantaneous transactions should be a reality by now. The problem is that Dwolla and Paypal are worse than and similar to banks in that they do not really know who their customers are. USA must have positive ID -- biometrics, fingerprints, DNA, optical scans, birth certificates to make sure they are dealing with the real and legal person. Nobody does that. Is that judge really a judge? Is Obama an imposter? Whose money is that? Further, they don't know if the computer claiming to be yours is not in China, Russia, Nigeria or run by terrorists trying to destroy you and the USA. Obama is lax on protecting USA financial transactions. Might Obama be a closeted anti-Semitic black Muslim with terrorist sympathies? Why can't politicians fix this mess?

http://en.wikipedia.org/wiki/Automated_Clearing_House

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions. The Federal Reserve Banks are collectively the nation's largest ACH operator, and in 2005 processed 60% of commercial interbank ACH transactions. The Electronic Payments Network (EPN), the only private-sector ACH operator in the U.S.A., processed the remaining 40%. EPN and the Reserve Banks rely on each other for the processing of transactions when either party to the transaction is not their customer.

http://www.theverge.com/2013/11/4/5055620/dwolla-digital-payment-startup

When it comes to radically altering the fabric of digital payments, there is no startup more interesting than Dwolla. The Iowa-based company has built its own alternative to the credit card networks and Automated Clearing House (ACH), the decades-old infrastructure which powers everything from bank transfers to cutting-edge payment companies like Square. Creating its own network from scratch has given Dwolla two powerful advantages over its competitors. First, it can avoid the hefty interchange fees levied by the credit card companies. And second, it can offer instantaneous transfers, avoiding the sometimes multi-day waiting periods associated with ACH. The company says it's on pace to process around $1 billion in transactions this year.

"DWOLLA IS TRYING TO BUILD AN END RUN AROUND THE SYSTEM."

"Dwolla is trying to build an end run around the system," says Eric Weiss, a tech investor who has backed payment companies like Venmo and Braintree. "The problem with that is, as soon as people need to move their money back into the old system for any reason, you’re in big trouble, because all the same fees and wait times will apply." Users need to be able to pay merchants and transfer money to friends without ever leaving the Dwolla system. The network has to reach a large number of merchants and consumers before it’s valuable enough to exist in isolation from the traditional banking and credit system. "There is only one company who achieved that kind of scale to date, and that’s Paypal," says Weiss.

Last week, Dwolla took a big step towards expanding the utility of its network with the introduction of Dwolla Credit. Backed by billions from Comenity Capital Bank, the service allows Dwolla users to sign up for a virtual credit card that works just like traditional Visa or Mastercard, but doesn’t levy the same 2 to 3 percent fees on every transaction. Instead, Dwolla charges a flat rate: free for purchases under $10 and 25 cents for anything over that. Because Dwolla knows both the buyer and seller, users can apply for the line of credit and, if approved, start using it instantly. Depending on the customer’s credit rating their limit may be anywhere between $1,000 and $12,000.

Ideally, this would mean merchants using Dwolla could pass on the savings to their customers. In its home state of Iowa, for example, citizens can use Dwolla to pay their taxes or registration fees online, cutting costs from $5.45 down to just 40 cents. But so far no major merchants have begun to offer a similar deal.

"Dwolla is a fascinating company, because they are trying to build a whole new set of rails for moving money," says Mark Egerman, who ran the mobile payments division at the Consumer Financial Protection Bureau. "The ACH system is completely broken, and it's amazing to watch someone take that on." Working at the CFPB, Egerman saw firsthand how hard merchants were hit by the credit card system. "Restaurants were losing huge amounts of money and having to wait weeks to get their funds. Whoever can solve that problem will have a huge impact and a huge business"

But while Egerman is excited about Dwolla's mission, he remains skeptical about their chances. "In order for it to be really useful you need a ton of supply and demand. They are trying to build a two-sided market, and that is very tough, because you can't attract one without the other. It's a chicken and egg problem."

"AS SOON AS PEOPLE NEED TO MOVE THEIR MONEY BACK INTO THE OLD SYSTEM, FOR ANY REASON, YOU’RE IN BIG TROUBLE."

Ben Milne, Dwolla's founder and CEO, touted the instantaneous aspect of his company's new credit product. "Instead of waiting two to three days for the money to hit their account, it’s there the second someone makes a purchase." For a young business with tight cash flow, this could be huge. But once again, it’s constrained by the size of the network. Unless they can pay their expenses through the Dwolla network, the merchant will have to transfer that money back into their traditional bank, which tacks on the standard ACH waiting period. And Paypal offers merchants its own take on instantaneous payments through its branded debit card.

Dwolla says that more than 25,000 merchants, nonprofits, and government agencies are currently using its service. But at launch, Dwolla credit will only be accepted by a little over 40 merchants. In an effort to prevent fraud, the network will also be constrained on the consumer side. The product is rolling out in beta to a few hundred Dwolla users each day, and will slowly expand leading up to a public launch in the first quarter of 2014.

APPEALING TO CONSUMERS, NOT ARMCHAIR ECONOMISTS

Milne says the slow rollout will allow Dwolla to work the kinks out of the system and help to prevent fraud, which was rampant during PayPal’s early days. According to Paypal founder Max Levchin, the company was earning $14 million in revenue by 2001, but was losing $10 million a month to fraudsters. "We know that you’re not going to walk into your local steakhouse tomorrow and pay for dinner with Dwolla," he admits. "But we feel like this is the next big step moving us forward from a service that’s interesting to armchair economists and to the average customer looking to save time and money."

Dwolla has raised $22 million in venture capital to date and likely keeps costs far lower than startups based in New York or San Francisco, where rents are extremely high. But it is facing off against a wide array of extremely well-funded companies like Square, PayPal, and even giants like Google, all of whom want to play in the payments market. Dwolla won’t confirm it’s current number of users, but will say it had 250,000 registered users at the end of 2012. Even if that number has doubled since then, Dwolla still trails well behind the 2 million people registered with Square and the 110 million Paypal accounts.

But the company’s investors aren’t worried. "Whenever you are creating a company that relies on a network effect, there is going to be a cold start problem," says Albert Wegner, the partner from Union Square Ventures. "But I prefer not to invest in thing where you need to get the timing right. We invested in Dwolla for the same reason we invested in Bitcoin, because we believe that in the long term, payments will need to become cheaper and faster, and we want to back the companies that will be part of the revolution, even if it takes a while to get there."

Thursday, November 28, 2013

sun and garlic fights colds, flu and many diseases

I have been using raw and cooked garlic for decades. At least 1 clove of raw garlic per day. Usually slice it and let it air for 30 minutes before consuming. Besides health, it improves taste. Garlic is a foundation of both French and Chinese cooking. Whenever I drive through Gilroy California I get big sacks of whole garlic. Can grow it at home too. Store bought garlic is usually from China nowadays, like peanuts. Not long ago it all came from USA.

Numerous articles on the internet. Also be sure to take cod liver oil, Vitamin C and multi Vitamins. Also avoid sugar, flour, stress, etc. Coconut oil is also anti-viral. I drink lots of liquids including tea, coffee, cinnamon and unsweetened Hershey's chocolate. Sleep and exercise and sunshine are always important. Probably Kefir and home made sauerkraut helps too. I use lots of spices including New Mexico red hot peppers.

I don't get flu shots. I do get a lot of exposure to germs in public places but try not to get too much of any kind of germ. Germs compete so by portfolio diversification you can get them to kill off each other instead of attacking you. Kefir and sauerkraut build up immunity and help protect from germs invading the gut.

Sunny climates in southern latitudes have much less colds and flu. Like San Diego, Florida, Hawaii, etc. Sunshine is healthy. In sunny regions people spend more time outdoors instead of blowing germs on each other

http://www.nytimes.com/2007/12/05/health/research/05flu.html
> “influenza,” is an Italian word that some historians proposed, originated in the mid-18th century as influenza di freddo, or “influence of the cold.”
transmission was excellent at 41 degrees. declined as the temperature rose until, by 86 degrees, the virus was not transmitted at all.

Virus was transmitted best at a low humidity, 20 percent, and not transmitted at all when the humidity reached 80 percent.

diminished immune response because people make less vitamin D or melatonin when days are shorter. “We know one of the largest factors is kids in school — most of the major epidemics are traced to children,”

http://articles.mercola.com/sites/articles/archive/2013/09/23/garlic-health-benefits.aspx

Garlic has long been hailed for its healing powers, especially against infectious diseases like cold and flu. It has immune boosting effects, and fresh garlic is also a potent antibacterial, antiviral and anti-fungal agent

Studies have demonstrated more than 150 beneficial health effects of garlic, including reducing your risk for heart disease, high cholesterol and high blood pressure, and various cancers such as brain, lung and prostate cancer

Research has shown that those taking garlic daily for three months had fewer colds than those who took a placebo, and, when they did come down with a cold, the duration of illness was shorter

Garlic must be used fresh to give you optimal health benefits. To stimulate the process that catalyzes the formation of allicin, compress a fresh clove with a spoon prior to swallowing it, or put it through your juicer with other veggies

For example, studies show that regular consumption of (primarily raw) garlic:

May be effective against drug-resistant bacteria

Reduces risk for heart disease,2 including heart attack3 and stroke

Helps normalize your cholesterol4 and blood pressure

Protects against cancer, including brain, lung, and prostate9 cancer

Reduces risk of osteoarthritis

It’s thought that much of garlic’s therapeutic effect comes from its sulfur-containing compounds, such as allicin, which are also what give it its characteristic smell. Other health-promoting compounds include oligosaccharides, arginine-rich proteins, selenium and flavonoids.

Research12 has revealed that as allicin digests in your body, it produces sulfenic acid, a compound that reacts with dangerous free radicals faster than any other known compound.

This is one of the reasons why I named garlic as one of the top seven anti-aging foods you can consume. Garlic is also a triple threat against infections, offering antibacterial, antiviral and antifungal properties.

Not only is it effective at killing antibiotic-resistant bacteria, including MRSA, but it also fights yeast infections, viruses and parasites. Garlic must be fresh to give you optimal health benefits

http://articles.mercola.com/sites/articles/archive/2012/10/17/sun-exposure-vs-vitamin-d-supplements.aspx

By Dr. Mercola

For the last ten years, I've regularly reported on the benefits of vitamin D, especially for combating colds and flu.

many of the health benefits generally attributed to vitamin D are actually due specifically to the sulfated form, which you can only get from sun exposure. Such benefits include the natural optimization of your immune system, which of course is a vital component of combating or preventing any infection, not just upper respiratory infections. This is just one of many compelling reasons to make a concerted effort to get your vitamin D requirements from safe sun exposure.

Benefits of Sun Exposure Beyond Vitamin D Production

Evidence presented in the April-June issue of Dermato-Endocrinology8 confirms that exposure to the sun in appropriate and measured timeframes has a number of health benefits unrelated to vitamin D production, including:

Enhancing mood and energy through the release of endorphins

Protecting against and suppressing symptoms of multiple sclerosis (MS)

Treating skin diseases, such as psoriasis, vitiligo, atopic dermatitis, and scleroderma. UV radiation also enhances skin barrier functions

Inducing nitric oxide (NO), which helps protect your skin against UV damage and offers cardiovascular protection, promotes wound healing through its antimicrobial effect, and has some anti-cancer activity

Melatonin regulation through the "third eye" of the pineal gland photoreceptors Relieving fibromyalgia pain

Standard treatment for tuberculosis 100 years ago, long before the advent of antibiotics

Treating neonatal jaundice

Can be used to sterilize your armpits and eliminate the cause of most body odor

Treating Seasonal Affective Disorder (SAD)

Synchronizing important biorhythms through sunlight entering your eye and striking your retina

Regulating body temperature

Protecting against melanoma and decreasing mortality from it

May be effective in treating T Cell lymphoma

Low Vitamin D May Increase Your Alzheimer's Risk

In related news, a new analysis published in the journal Neurology9 found that low concentrations of vitamin D may increase your risk of cognitive decline and Alzheimer's disease. The review included 37 studies.

Due to the physics and wavelength of UVB rays, they will only penetrate the atmosphere when the sun is above an angle of about 50° from the horizon. When the sun is lower than 50°, the ozone layer reflects the UVB-rays but let through the longer UVA-rays.

So how do you know if you have entered into the time of year for your location where enough UVB is actually able to penetrate the atmosphere to allow for vitamin D production in your skin?

The first step is to determine the latitude and longitude of your location. You can easily do this on Google Earth, or if you are in the U.S. you can use the TravelMath Latitude Longitude Calculator to find your latitude and longitude.

Once you have obtained that you can go to the U.S. Navy site to calculate a table to determine the times and days of the year that the sun is above 50 degrees from the horizon.

Translated to the date and time of some places on the globe, it means for example: In my hometown of Chicago, the UVB rays are not potentially present until March 25, and by September 16th it is not possible to produce any vitamin D from the sun in Chicago.

Please understand it is only theoretically possible to get UVB rays during those times. If it happens to be cloudy or raining, the clouds will also block the UVB rays. For a more detailed understanding of this, please view the following video, and/or read through the corresponding article.

Wednesday, November 27, 2013

QE Basel Iran War Fat Cat Gay Bankers deflation of veterans

In a nutshell:

QE1 QE2 QE3 is a clever way to enrich bankers and finance the coming war on Iran. And deflate veterans, the elderly, the poor, and middle class.

Fed is buying lots of "quality" assets from banks. Banks take that cash and give it back to the Fed in the form of reserves as required for the Basel III rules which are more stringent than Basel II and Basel I.

Essentially the Fed is requiring banks to boost their reserves and is giving banks the money to post those reserves. Over $3 trillion already, according to the attached graphs. Yellen will probably not taper much until banks are filled with reserves. From all this money fat cat gay bankers also can pay themselves fat bonuses, and they get increased job security because there will be less chance for their bank to go bankrupt.

Fat Cats take a lot of this money and buy stocks, bonds, gold, and other bubbly assets some of which help bankers meet their capital requirement (Level 2B below).

The Fed will allow these securities to mature at which point the Fed will be sitting on $4-5 Trillion or more in cash. The Fed usually spends some of this money on themselves and gives the rest back to the USA Treasury.

With this huge influx of cash into the USA treasury Obama can launch a full scale war on Iran. I doubt if he will give any of this windfall money to veterans or the elderly. More likely he will ask for more sacrifices in a time of war; and deflate veterans benefits, medicare, and social security. Not much trickle-down to the middle class and poor who will continue to be deflated except for those who qualify for Obamacare medicaid subsidies.

If Christie replaces Obama that will be even better for fat cat bankers and worse for the poor.

http://en.wikipedia.org/wiki/Basel_III#US_Version_of_the_Basel_Liquidity_Coverage_Ratio_Requirements

Capital requirements

Leverage ratio

Liquidity requirements

The U.S. LCR proposal requires financial institutions to have an adequate stock of High Quality Liquid Assets (HQLA) that can be quickly liquidated over a short period of time.

The LCR consists of two parts: the numerator is the value of HQLA, and the denominator consists of the total net cash outflows

The US proposal divides qualifying High Quality Liquid Assets into three specific categories

Level 1 represents assets that are highly liquid
Level 2A assets includes assets such as GSE-issued.
Level 2B assets includes corporate debt and equity securities
[gallery]

Tweeter arrested for Antisemitism. Freedom of Speech?

Maybe liberal Scandinavia is not as free as they say.

http://www.thelocal.no/20131127/racism-watchdog-reports-second-extremist-blog

National Racism watchdog reports antisemitic blog

Rune Berglund Steen, leader of the Center Against Racism - Greggery

Norway's Center Against Racism has reported a second anti-semitic blog, subtitled 'Jewish Hands are Drenched in Aryan Blood" to the Norwegian police for violating racism laws.

Police in Norway arrest racist tweeter (25 Nov 13)

Racism group reports pro-Breivik anti-Jew blog (25 Nov 13)

'Norwegian racism' triggers Twitter storm (19 Nov 13)

The site, which received its first posts over the weekend, argues amongst other things that Jews aim to enslave the rest of the world, that they are responsible for atrocities carried out by the Soviet Union, and that the Jewish ritual of circumcision is an "amputation".

"It is very important for society that we mark a clear distinction about what should be protected by free speech and what is going too far," the centre's Shoaib Sultan told TV2. "This is going too far."

The report came only days after the centre reported a blog called "The Internet's Darkest Corner", whose author praised Norwegian mass murderer Anders Breivik. Before this week, the centre had not reported a blog for five years.

A user of the Twitter microblogging service, who went under the handle @Negerjeger, or @niggerhunter, was arrested by police on Monday for publishing racist tweets.

"Two patriotic Norwegian men, one blogger and one tweeter, were taken by the Thought Police recently," the author of the Jewish Hands blog wrote on Tuesday. ""One would think that other patriots, at least those that are somewhat similar as a group, would come to their defence. But it doesn't happen."

Monday, November 25, 2013

inflation interest rates obamacare

Interest rates tend to follow inflation because people will not buy or will sell assets that do not pay interest greater than the inflation rate.

In the attached charts show that interest rates and inflation were high around 1980. But now interest rates and inflation are near zero.

Inflation tends to be high in booms and low in recessions. Similarly for interest rates. One theory is that the Federal Reserve pushes interest rates higher and thereby causes recessions as people cannot afford to borrow to buy cars and houses and business cannot borrow to expand or maintain operations.

During booms (1) businesses and people borrow more so they push up interest rates and (2) businesses and people buy more stuff, cause scarcity, and thereby push up prices.

If QE was stimulative we should see higher inflation and interest rates by now. But the economy remains weak. QE money has been hoarded.

Obamacare was supposed to work by getting young healthy people to buy insurance. That money would be used to pay for all the sicker and older people who need lots of medical care. Sticker shock might get a lot of young healthy people mad (some of them voted for Obama!)
http://www.gop.com/news/research/obamacare-sticker-shock-from-washington-dc-to-wyoming/

North Dakota has the lowest LGBT Lesbian Gay Bi Trans population. And Montana, etc. other cold states. http://www.gallup.com/poll/158066/special-report-adults-identify-lgbt.aspx
http://www.gallup.com/poll/160517/lgbt-percentage-highest-lowest-north-dakota.aspx
[gallery]

drink coffee to prevent Alzheimers, Parkinsons, diabetes, cancer, depression, dementia,

I will probably keep drinking coffee, but not so much. Sometimes I have over 8 cups per day. I order the largest cups available. I tolerate it well. But too much interferes with sleep. I may convert from espresso back to drip coffee to get more water. Coffee filters the water and kills bacteria and viruses. Also eliminates some of the carcinogenic organic matter in water caused by chlorination and fluoridation.

I often use coffee while fasting as a meal substitute. Especially when beginning a fast. It perks me up so I don't miss the food. I use lots of cream that is very healthy. Sometimes I add an apple. I can feel my body transition into fat burning mode when beginning a fast. It is real easy for me to get skinny, especially with the help of coffee. I sometimes worry I get too skinny. I actually get more energetic when skinny. Not sure of all the hormones involved or my optimum weight. But I don't like to get way skinnier than everybody else.

Dr. Kris Gunnars seems honest, probably not funded by the Coffee industry. He quotes science but is not over technical. He is young and writes well and understands how to pick images for the right impact. He is one of the few health bloggers that I follow.

http://authoritynutrition.com/top-13-evidence-based-health-benefits-of-coffee/

Jews in America fading, intermarrying, liberal, no religion

Jews are disappearing into other liberal cultures. Detailed study and video.

http://www.pewforum.org/2013/10/01/video-a-portrait-of-jewish-americans-overview/

Video: ‘A Portrait of Jewish Americans’ Overview by Alan Cooperman, deputy director of the Pew Research Center’s Religion & Public Life Project, presented an overview of the findings of the Pew Research survey of U.S. Jews at an Oct. 1 event in New York City

http://www.pewforum.org/2013/10/01/jewish-american-beliefs-attitudes-culture-survey/

A Portrait of Jewish Americans

American Jews overwhelmingly say they are proud to be Jewish and have a strong sense of belonging to the Jewish people, according to a major new survey by the Pew Research Center.

But the survey also suggests that Jewish identity is changing in America, where one-in-five Jews (22%) now describe themselves as having no religion.

intermarriage rates seem to have risen substantially over the last five decades. Among Jewish respondents who have gotten married since 2000, nearly six-in-ten have a non-Jewish spouse.

Sunday, November 24, 2013

Weak Loans, Deposits. $100,000 Veterans Bonus. QE flop

Attached graphs show loans are weak. Many loan categories are down. Loan categories that are up are not up much. Deposits are on their historical trend. If bankers were loaning QE money out, that money would be in the banking system as deposits. People need loans to buy products and stimulate the economy. Businesses need loans to make products and pay employees and stimulate the economy.

QE has been a $2 trillion dollar flop because bankers are hoarding money and paying themselves big fat bonuses. So the economy is not growing as fast it could be. Many are still unemployed.

QE money has not stimulated the economy. The economy has recovered on its own. People like to shop and they will go to work to make money so that they can shop more. They don't need banks to do that -- they just need the bankers to not steal their hard earned money.

That $2 trillion QE money could be better used than giving it to bankers. That money should be divided among the 20 million veterans which would give them a $100,000 bonus check.

$100,000 = 2,000,000,000,000 / 20,000,000
[gallery]

QE no money, no inflation. Florida rockets rednecks Negroes Latinos Hurricanes Straight marriage

The attached charts show that QE has not grown the money supply or caused inflation. Rich 1% fat cat gay bankers hoard that money in the form of deposits at the Federal Reserve to meet increased reserve requirements. The chart shows deposits have jumped nearly $3 trillion since the crash! Of course, rich fat cat bankers continue to pay themselves fat bonuses. Not much money trickles down to Veterans and the Elderly who deserve that money. Yellen will continue this corrupt Bernanke strategy. Politicians refuse to institute an IQ test or Alzheimers test for high ranking Fed appointments because they are afraid voters will require Obama to get an IQ test (and flunk).

We are freezing while Florida space coast is 77. Cape Canaveral Kennedy space center is in a less populated beach area next to the largest orange groves in the USA, and in a white people area with technology companies and universities.

Negroes, Latinos, and white trash rednecks are common. Those groups are anti-gay. They will not legalize gay marriage. No gay tourism mecca. They can go to bankrupt California.

Florida has zero income taxes and is not too expensive. Miami had a big housing bubble and is probably still over-built. Much of the state is over-built, keeping a lid on house price inflation. It is further south than Texas and warmer with more beaches. Hurricanes no big deal. You can see them coming days in advance and escape (unlike quakes). Hot summer hop on the train and go to Boston or Maine beaches.

Joe
[gallery]

Saturday, November 23, 2013

colder. Florida Space Coast beaches for health: electrons, exercise, Vitamin D sunshine

We had 1 day high 35 then jumped to high 75 and then cooler but now has fallen back into the 30s. Maybe I should move to Florida Space Coast. Still fairly white people, Kennedy Space Center, Cape Canaveral, Florida Institute of Technology, tech companies. Milder temperatures than Missouri or Fresno. Older people have an epidemic of weak bones, fractures, and a need to walk on the beach barefoot to get electrons antioxidants. Walking helps circulation of blood to the brain so I can think better. I like to walk all day. Miami is too many Latinos and Jews. North Florida is too cool and too many Blacks. Central Florida coast probably the best. Great freeways and trains along the coast all the way to New York and Maine. It is increasingly hard to find mostly white communities with mild weather and 50 inches of rain per year. Florida grows 5 times as much oranges as California! Free wild pigs everywhere!

[gallery include="5762,5763,5764,5765,5766,5767"]

USA National Gas Price Heat Map GasBuddy.pdf
[gallery include="5769,5770,5771,5772"]

Thursday, November 21, 2013

stock market bubble

Maybe not the biggest bubble in history but lax monetary policy is inflating the rich and their stocks. I would not be a buyer of stocks now, or bonds, or gold, or silver. Yellen may try to extend the rally to help the rich get richer. But such schemes often go awry. Risks are mounting. Time to sell off slowly and carefully now before some minor event triggers a sell-off as the rich panic and dump their holdings.

There are good real estate investments available, and horses, cows, paintings, sculpture, art, .... that one can use even if there is another big crash ahead.

http://www.marketwatch.com/story/what-shiller-pe-ratio-says-about-markets-top-2013-03-18

Valuation is a crucial part of the discussion, which has drawn attention to one gauge that measures how heated the stock market is. It’s called the CAPE ratio (cyclically adjusted price earnings ratio).

The tool was popularized by Yale University economist and professor Robert Shiller, author of the book Irrational Exuberance, published just about the time the dot-com bubble burst in 2000.

Later, Shiller was among those warning the U.S. housing market would be pummeled.

The Shiller P/E tool shows frothy market periods in 1929 and 1999 that were followed by huge selloffs.

eat nuts: study published today in New England Journal of Medicine

Eat one ounce of nuts per day for 20% lower mortality. (Study funded by the Tree Nut Council.)

I have probably averaged more than 4 ounces per day since age 14. I prefer in-the-shell, raw, minimally processed. All kinds especially peanuts that are highest in protein (leucine, a branched chain amino acid) http://en.wikipedia.org/wiki/Leucine#Dietary_aspects

Fat is good food. Maybe one reason I am so healthy and not fat. Fat is not refined carbohydrates that will spike insulin and blood sugar, cancer, stroke, heart attack, Alzheimer's and other degenerative inflammatory diseases...

Ironically, I just baked a batch of turmeric cinnamon pumpkin chocolate peanut butter cookies. First batch since last winter. I will quit all wheat this winter, and probably give up coffee and tea and chocolate too. I rarely eat wheat anyway and have quit coffee and tea many times before and did not miss them after withdrawal symptoms go away. Stimulants interfere with sleep. I think I really notice worse sleep the night after morning coffee -- 12 hours later! Will study carefully March 1 or whenever I quit as weather warms up.

I am really sore after hard workout yesterday. My arms are definitely getting stronger after a decade without much exercise.

http://www.nejm.org/doi/full/10.1056/NEJMoa1307352

* Welcome Guest
* Renew
,Subscribe
orCreate Account
* Sign In

The New England Journal of Medicine

* HOME
* ARTICLES & MULTIMEDIA * ISSUES
* SPECIALTIES & TOPICS * FOR AUTHORS * CME

Advanced
Search

ORIGINAL ARTICLE

Association of Nut Consumption with Total and Cause-Specific Mortality

Ying Bao, M.D., Sc.D., Jiali Han, Ph.D., Frank B. Hu, M.D., Ph.D., Edward L. Giovannucci, M.D., Sc.D., Meir J. Stampfer, M.D., Dr.P.H., Walter C. Willett, M.D., Dr.P.H., and Charles S. Fuchs, M.D., M.P.H.

N Engl J Med 2013; 369:2001-2011November 21, 2013 DOI: 10.1056/NEJMoa1307352

Share:

Abstract
Article
References

BACKGROUND

Increased nut consumption has been associated with a reduced risk of major chronic diseases, including cardiovascular disease and type 2 diabetes mellitus. However, the association between nut consumption and mortality remains unclear.

Full Text of Background...

METHODS

We examined the association between nut consumption and subsequent total and cause-specific mortality among 76,464 women in the Nurses' Health Study (1980–2010) and 42,498 men in the Health Professionals Follow-up Study (1986–2010). Participants with a history of cancer, heart disease, or stroke were excluded. Nut consumption was assessed at baseline and updated every 2 to 4 years.

Full Text of Methods...

RESULTS

During 3,038,853 person-years of follow-up, 16,200 women and 11,229 men died. Nut consumption was inversely associated with total mortality among both women and men, after adjustment for other known or suspected risk factors. The pooled multivariate hazard ratios for death among participants who ate nuts, as compared with those who did not, were 0.93 (95% confidence interval [CI], 0.90 to 0.96) for the consumption of nuts less than once per week, 0.89 (95% CI, 0.86 to 0.93) for once per week, 0.87 (95% CI, 0.83 to 0.90) for two to four times per week, 0.85 (95% CI, 0.79 to 0.91) for five or six times per week, and 0.80 (95% CI, 0.73 to 0.86) for seven or more times per week (P<0.001 for trend). Significant inverse associations were also observed between nut consumption and deaths due to cancer, heart disease, and respiratory disease.

Full Text of Results...

CONCLUSIONS

In two large, independent cohorts of nurses and other health professionals, the frequency of nut consumption was inversely associated with total and cause-specific mortality, independently of other predictors of death. (Funded by the National Institutes of Health and the International Tree Nut Council Nutrition Research and Education Foundation.)

Sunday, November 17, 2013

rich 1% eat rich foods: caviar, cheese, pate, wine, filet mignon, Re: eat butter

Ron,

Business meals, breaks, cocktail parties have been tax deductible business expenses. Working teachers, cops, janitors etc. pay for rich 1% food indirectly. Their Burger King lunches are not usually tax deductible.

I have been to many rich 1% food events starting in 1973. These are still going on, paid for by banks and other rich companies. Even "poor" college professors get such benefits -- back in the 1970s very good wine and cheese at every Finance seminar (economics not so much). Food and entertainment is a big expense for educational seminars which are becoming more and more popular but were big in the 1970s for upper management. The higher the level the greater the expense back then, like 1% of 1% of 1%. Nowadays lower level people get fancier foods, like the rich 1%.

Cholesterol and saturated fat are expensive but healthy, especially for the brain. The rich get richer because their brain gets more cholesterol so they get smarter.

The rich 1% own the liberal news media that promotes whole grains and vegetable oils that dumb down the poor 99% and sicken them so they can be more easily controlled. This has been going on for 100 years (at least) but has been getting worse in the last 30 years as the rich have become richer and more powerful. The rich are also getting richer off statins that also cause brain degeneration and dementia (paid for by President Bush medicare prescription drug plans).

I am glad I can use butter to help trigger my genes to eliminate cancer, brain degeneration, heart disease, etc. "Fat phobia is the cornerstone of modern devastating degenerative diseases." I also exercise quite a lot and skip meals since a teenager. Exercise and fasting also quite beneficial for mental and physical health, synergistic with a high fat diet.

Excellent interview on health hazards of grains from a famous neurologist who treats Alzheimer's patients. He shows pictures of brain shrinkage from consuming grains:

Ron wrote:
> Joe,
>
> The 1% elites do not eat what they preach. Menus for summit meetings, > Fed meetings, and CFR meetings do not include items such as margarine > or egg beaters but rather list lamb, butter,pate, etc. This food is > never supposedly safe GMO or hormone treated. These dinners more > resemble what the upper level French eat. Bear in mind that the elite > are completely egotistical persons that are overly preoccupied with > their health and general state of being. There are many things that > the little people have shoved down their throats sometimes at the > expense of enforcement by the authorities. These include water > fluoridation and vaccines. Increasingly medical doctors are breaking > away from the corporate spin on research. When I > recently went for a full workup with a top cardiologist in Fresno he > was not concerned with cholesterol. At the very end of a two hour exam > he grudgingly asked me; " I will assume your cholesterol is good." > Likewise my other doctor (MIT graduate) within the last week offered > me a flu shot all the while shaking his head in the negative. >
> Ron
> *Subject:* eat butter
>
> Butter is good for the Brain, Heart and whole body. More and > footnotes on the site. >
> http://authoritynutrition.com/grass-fed-butter-superfood-for-the-heart/ >
> Grass-fed Butter is a Superfood For The Heart
>
> The heart disease epidemic started around 1920-1930 and is currently > the world’s leading cause of death. >
> Somewhere along the way, nutrition professionals decided that foods > like butter, meat and eggs were to blame. >
> According to them, these foods caused heart disease because they were > high in saturated fat and cholesterol. >
> But we’ve been eating butter for thousands of years, since long before > heart disease became a problem. >
> Blaming new health problems on old foods doesn’t make sense. >
> As consumption of traditional fatty foods like butter went down, > diseases like heart disease, obesity and type II diabetes went up. >
> The truth is, natural foods like butter have nothing to do with heart > disease. >
> In fact, real butter that comes from grass-fed cows is one of the most > important foods you can eat for a healthy heart. >
> Saturated Fat is Not The Devil It Was Made Out to be
>
> The reason butter was demonized is because it is loaded with saturated > fat. >
> In fact, a very high proportion of dairy fat is saturated, whereas a > large part of most other animal fats (like lard) is also mono- and > polyunsaturated. >
> Butter, being almost pure dairy fat, is therefore very high in > saturated fat, the fatty acids in it being about 63% saturated (1). >
> However, that really is not a cause for concern. The whole saturated > fat, cholesterol and heart disease myth has been thoroughly debunked > (2, 3, 4). >
> In fact, saturated fats can actually improve the blood lipid profile: >
> They raise levels of HDL (the good) cholesterol, which is associated > with a lower risk of heart disease (5, 6, 7). >
> They change the LDL from small, dense (bad) to Large LDL – which is > benign and not associated with heart disease (8, 9). >
> Therefore, saturated fat is not a valid reason to avoid butter. It is > completely benign… a healthy source of energy for the human body. >
> Bottom Line: The myth about saturated fat causing heart disease has > been thoroughly debunked. The studies show that there is literally no > association between the two. >
> Grass-Fed Butter is Loaded With Vitamin-K2, The Missing Nutrient That > De-Calcifies Your Arteries >
> Most people have never heard of Vitamin K, but it is one of the most > important nutrients for optimal heart health. >
> There are several forms of the vitamin. We have K1 (phylloquinone), > which is found in plant foods like leafy greens. Then we have Vitamin > K2 (menaquinone), which is found in animal foods. >
> Even though the two forms are structurally similar, they appear to > have different effects on the body. While K1 is important in blood > clotting, Vitamin K2 helps to keep calcium out of your arteries (10, 11). >
> Butter in a Small Bowl
>
> High-fat dairy products from grass-fed cows are among the best sources > of Vitamin K2 in the diet. Other good sources include egg yolks, goose > liver and natto – a fermented soy-based dish (12, 13). >
> Vitamin K works by modifying proteins, giving them the ability to bind > calcium ions. For this reason, it affects all sorts of functions > related to calcium metabolism. >
> One problem with calcium, is that it tends to leach out of the bones > (causing osteoporosis) and into the arteries (causing heart disease). >
> By optimizing your intake of Vitamin K2, you can partly prevent this > process from occurring. Studies consistently show that Vitamin K2 > dramatically reduces the risk of both osteoporosis and heart disease > (14, 15). >
> In the Rotterdam study, which examined the effects of Vitamin K2 on > heart disease, those who had the highest intake had a 57% lower risk > of dying from heart disease and a 26% lower risk of death from all > causes, over a 7-10 year period (16). >
> Another study found that the risk of heart disease was 9% lower in > women for every 10 micrograms of Vitamin K2 they consumed per day. > Vitamin K1 (the plant form) had no effect (17). >
> Given how incredibly protective Vitamin K2 is against heart disease, > the advice to avoid butter and eggs may have actually fueled the heart > disease epidemic. >
> Bottom Line: Vitamin K2 is a nutrient that most people don’t know > about, but it is one of the most important nutrients in the diet for > heart and bone health. >
> Butter is Loaded With an Anti-Inflammatory Fatty Acid Called Butyrate >
>
> In the past few decades, heart disease has been believed to be > primarily caused by elevated cholesterol. >
> However, new studies are showing that there are a ton of other factors > at play. >
> One of the main ones is inflammation, which is now believed to be a > leading driver of heart disease (18, 19, 20). >
> Of course, inflammation is important and helps protect our bodies from > injury and infections. But when it is excessive or directed against > the body’s own tissues, it can cause severe harm. >
> It is now known that inflammation in the endothelium (lining of > arteries) is a crucial part of the pathway that ultimately leads to > plaque formation and heart attacks (21). >
> One nutrient that appears to be able to fight inflammation is called > butyrate (or butyric acid). This is a 4-carbon long, short-chain > saturated fatty acid. >
> Studies show that butyrate is potently anti-inflammatory (22, 23, 24). >
> One of the reasons fiber reduces heart disease risk may be that the > bacteria in the intestine digest some of the fiber and turn it into > butyrate (25, 26, 27, 28). >
> The name butyr-ate is actually derived from butter, which is the best > source of byturate in the diet, by far. >
> Bottom Line: Butter is a great source of a short-chain fatty acid > called butyrate, which helps fight inflammation. >
> In Countries Where Cows Are Grass-Fed, Butter Consumption is > Associated With a Dramatic Reduction in Heart Disease Risk >
> The nutrient composition and the health effects of dairy products can > vary greatly, depending on what the cows ate. >
> In nature, cows used to roam free and eat grass, which is the > “natural” source of food for cows. >
> However, cattle today (especially in the U.S.) is primarily fed > grain-based feeds with soy and corn. >
> Grass-fed dairy is much higher in Vitamin K2 and Omega-3 fatty acids, > nutrients that are incredibly important for the heart (29). >
> Overall, there is no positive association between dairy fat and heart > disease, although high-fat dairy products are associated with a > reduced risk of obesity (30, 31). >
> But if you look at some countries where cows are generally fed grass, > you see a completely different effect. >
> According to one study from Australia, where cows are grass-fed, > individuals who ate the most high-fat dairy products had a 69% lower > risk of death from cardiovascular disease, compared to those who ate > the least (32). >
> Several other studies agree with this… in countries where cows are > largely grass-fed (like many European countries), high-fat dairy > products are associated with a reduced risk of heart disease (33, 34, 35). >
> Bottom Line: The health effects of butter vary greatly depending on > what the cows ate. In countries where cows are mostly grass-fed, dairy > fat is associated with a lower risk of heart disease. >
> Recommending Margarine and Vegetable Oils Instead of Butter is a Crime > Against Humanity >
> Mainstream nutrition gets a lot of things wrong, but the insane advice > to replace butter with trans-fat laden margarine and vegetable oils is > among the worst. >
> Margarine, not surprisingly, increases heart disease risk compared to > butter (36). The same can be said for processed vegetable oils… > several controlled trials show that they can cause heart disease and > kill people (37, 38, 39). >
> The studies say that these highly processed fats and oils increase > heart disease risk, so it makes sense that we should avoid them if we > don’t want to get heart disease. >
> It’s a no-brainer, right?
>
> Well, apparently not… The mainstream nutrition organizations are still > telling us to eat them, even though these studies have been out for > many years. >
> They just don’t get it. When we replace real, traditional foods like > butter and meat with crappy, processed pseudo-foods, we get sick. >
> How many doctors, nutritionists, PhDs and decades does it take to > figure that out? >
> Real food is the key to good health, processed junk food is not. Period. >
>
>

Friday, November 15, 2013

DRM -- now it's in the cars. Buy a Horse! Fight crime, speeding, accidents,...

Bob,

Don't buy Renault. Better yet, don't buy any car. Walk everywhere. Get more exercise. In 1964 half of USA workers walked to work. Obesity was rare.

Bikes for medium distance. The 1964 Schwinn English internal 3 speeds are very efficient.

For loads or distance without roads get a horse or donkey or mule team. Horses have built-in computers that cannot be hijacked.
Horses automatically avoid collision and can take you home if drunk or shot. Horses don't need imported oil, can go from LA to NY on just water and grass. Horses can swim and go many places autos cannot.
Horses improve the ecosystem, provide fertilizers, fight desertification,... Horses are edible.
Horses are cheap and renewable.
Horses are great pets, vegetarian, don't need to buy dog food or cat food.

Start with 1 small cheap horse or donkey and upgrade as needed. Sooner or later we will all be riding horses again.

Joe

Bob wrote:

http://www.techdirt.com/articles/20131108/09350825182/renault-introduces-drm-cars.shtml >
>
> Renault will remotely lock down electric cars
>
> Posted by *gerloff *on Thursday, October 31st, 2013 0 > > >
> For a long time, cars were a symbol of freedom and independence. No > longer. In its Zoe electric car, car maker Renault apparently has the > ability to remotely prevent the battery from charging. And that’s more > chilling than it sounds. >
> When you buy a Renault Zoe, the battery isn’t included. Instead, you > sign a rental contract for the battery with the car maker. In a Zoe > owner’s forum, user Franko30 reports > > that the contract contains a clause giving Renault the right to > prevent your battery from charging at the end of the rental period. > According to an article > > in Der Spiegel, the company may also do this when you fall behind on > paying the rent for the battery. >
> This means that Renault has some way of remotely controlling the > battery charging process. *According to the Spiegel article, the Zoe > (and most or all other electric cars) collect reams of data on how you > use them, and send this data off to the manufacturer without your > knowledge. This data tells the company where you are going, when, and > how fast, where you charge the battery, and many other things besides. > We already knew that Tesla was doing this with its cars since the > company’s very public spat > with a journalist who > reviewed one of their cars for the New York Times. Seeing the same > thing in a mass market manufacturer like Renault makes clear just how > dangerous this trend is.* >
> This sort of thing fits well into the dystopian picture which Cory > Doctorow paints in his 2011 talk “The coming war on General > Computation ” (which you > really must watch, if you haven’t already), where he argues that “we > don’t have cars anymore, we have computers we ride in”. The question > then becomes who is in control of this computer > : You, the manufacturer, or someone > else? >
> If there is a mechanism to remotely control what your car does, some > will make use of this mechanism at some point. This could be the > manufacturer, shutting down your car as you fall behind on the battery > rent because you just lost your job, meaning that it becomes harder > for you to find work. It could be the government, compelling the > manufacturer to do its bidding. In his forum post, Franko30 predicts > that at some point, governments may simply ask car manufacturers to > block charging near controversial political events (e.g. a G8 summit), > in order to prevent you from participating in demonstrations. Or it > could be any random criminal out there > , > gaining access to this mechanism by bribing a Renault employee. >

http://boingboing.net/2012/08/23/civilwar.html

This talk was delivered at Google in August, and for The Long Now Foundation in July 2012. A transcript of the notes follows.

I gave a talk in late 2011 at 28C3 in Berlin called "The Coming War on General Purpose Computing"

In a nutshell, its hypothesis was this:

• Computers and the Internet are everywhere and the world is increasingly made of them.

• We used to have separate categories of device: washing machines, VCRs, phones, cars, but now we just have computers in different cases. For example, modern cars are computers we put our bodies in and Boeing 747s are flying Solaris boxes, whereas hearing aids and pacemakers are computers we put in our body.

• This means that all of our sociopolitical problems in the future will have a computer inside them, too—and a would-be regulator saying stuff like this:

"Make it so that self-driving cars can't be programmed to drag race"

"Make it so that bioscale 3D printers can't make harmful organisms or restricted compounds"

Which is to say: "Make me a general-purpose computer that runs all programs except for one program that freaks me out."

But there's a problem. We don't know how to make a computer that can run all the programs we can compile except for whichever one pisses off a regulator, or disrupts a business model, or abets a criminal.

The closest approximation we have for such a device is a computer with spyware on it— a computer that, if you do the wrong thing, can intercede and say, "I can't let you do that, Dave."

Such a a computer runs programs designed to be hidden from the owner of the device, and which the owner can't override or kill. In other words: DRM. Digital Rights Managment.

These computers are a bad idea for two significant reasons. First, they won't solve problems. Breaking DRM isn't hard for bad guys. The copyright wars' lesson is that DRM is always broken with near-immediacy.

DRM only works if the "I can't let you do that, Dave" program stays a secret. Once the most sophisticated attackers in the world liberate that secret, it will be available to everyone else, too.

Second, DRM has inherently weak security, which thereby makes overall security weaker.

eat butter

Butter is good for the Brain, Heart and whole body. More and footnotes on the site.

http://authoritynutrition.com/grass-fed-butter-superfood-for-the-heart/

Grass-fed Butter is a Superfood For The Heart

The heart disease epidemic started around 1920-1930 and is currently the world’s leading cause of death.

Somewhere along the way, nutrition professionals decided that foods like butter, meat and eggs were to blame.

According to them, these foods caused heart disease because they were high in saturated fat and cholesterol.

But we’ve been eating butter for thousands of years, since long before heart disease became a problem.

Blaming new health problems on old foods doesn’t make sense.

As consumption of traditional fatty foods like butter went down, diseases like heart disease, obesity and type II diabetes went up.

The truth is, natural foods like butter have nothing to do with heart disease.

In fact, real butter that comes from grass-fed cows is one of the most important foods you can eat for a healthy heart.

Saturated Fat is Not The Devil It Was Made Out to be

The reason butter was demonized is because it is loaded with saturated fat.

In fact, a very high proportion of dairy fat is saturated, whereas a large part of most other animal fats (like lard) is also mono- and polyunsaturated.

Butter, being almost pure dairy fat, is therefore very high in saturated fat, the fatty acids in it being about 63% saturated (1).

However, that really is not a cause for concern. The whole saturated fat, cholesterol and heart disease myth has been thoroughly debunked (2, 3, 4).

In fact, saturated fats can actually improve the blood lipid profile:

They raise levels of HDL (the good) cholesterol, which is associated with a lower risk of heart disease (5, 6, 7).

They change the LDL from small, dense (bad) to Large LDL – which is benign and not associated with heart disease (8, 9).

Therefore, saturated fat is not a valid reason to avoid butter. It is completely benign… a healthy source of energy for the human body.

Bottom Line: The myth about saturated fat causing heart disease has been thoroughly debunked. The studies show that there is literally no association between the two.

Grass-Fed Butter is Loaded With Vitamin-K2, The Missing Nutrient That De-Calcifies Your Arteries

Most people have never heard of Vitamin K, but it is one of the most important nutrients for optimal heart health.

There are several forms of the vitamin. We have K1 (phylloquinone), which is found in plant foods like leafy greens. Then we have Vitamin K2 (menaquinone), which is found in animal foods.

Even though the two forms are structurally similar, they appear to have different effects on the body. While K1 is important in blood clotting, Vitamin K2 helps to keep calcium out of your arteries (10, 11).

Butter in a Small Bowl

High-fat dairy products from grass-fed cows are among the best sources of Vitamin K2 in the diet. Other good sources include egg yolks, goose liver and natto – a fermented soy-based dish (12, 13).

Vitamin K works by modifying proteins, giving them the ability to bind calcium ions. For this reason, it affects all sorts of functions related to calcium metabolism.

One problem with calcium, is that it tends to leach out of the bones (causing osteoporosis) and into the arteries (causing heart disease).

By optimizing your intake of Vitamin K2, you can partly prevent this process from occurring. Studies consistently show that Vitamin K2 dramatically reduces the risk of both osteoporosis and heart disease (14, 15).

In the Rotterdam study, which examined the effects of Vitamin K2 on heart disease, those who had the highest intake had a 57% lower risk of dying from heart disease and a 26% lower risk of death from all causes, over a 7-10 year period (16).

Another study found that the risk of heart disease was 9% lower in women for every 10 micrograms of Vitamin K2 they consumed per day. Vitamin K1 (the plant form) had no effect (17).

Given how incredibly protective Vitamin K2 is against heart disease, the advice to avoid butter and eggs may have actually fueled the heart disease epidemic.

Bottom Line: Vitamin K2 is a nutrient that most people don’t know about, but it is one of the most important nutrients in the diet for heart and bone health.

Butter is Loaded With an Anti-Inflammatory Fatty Acid Called Butyrate

In the past few decades, heart disease has been believed to be primarily caused by elevated cholesterol.

However, new studies are showing that there are a ton of other factors at play.

One of the main ones is inflammation, which is now believed to be a leading driver of heart disease (18, 19, 20).

Of course, inflammation is important and helps protect our bodies from injury and infections. But when it is excessive or directed against the body’s own tissues, it can cause severe harm.

It is now known that inflammation in the endothelium (lining of arteries) is a crucial part of the pathway that ultimately leads to plaque formation and heart attacks (21).

One nutrient that appears to be able to fight inflammation is called butyrate (or butyric acid). This is a 4-carbon long, short-chain saturated fatty acid.

Studies show that butyrate is potently anti-inflammatory (22, 23, 24).

One of the reasons fiber reduces heart disease risk may be that the bacteria in the intestine digest some of the fiber and turn it into butyrate (25, 26, 27, 28).

The name butyr-ate is actually derived from butter, which is the best source of byturate in the diet, by far.

Bottom Line: Butter is a great source of a short-chain fatty acid called butyrate, which helps fight inflammation.

In Countries Where Cows Are Grass-Fed, Butter Consumption is Associated With a Dramatic Reduction in Heart Disease Risk

The nutrient composition and the health effects of dairy products can vary greatly, depending on what the cows ate.

In nature, cows used to roam free and eat grass, which is the “natural” source of food for cows.

However, cattle today (especially in the U.S.) is primarily fed grain-based feeds with soy and corn.

Grass-fed dairy is much higher in Vitamin K2 and Omega-3 fatty acids, nutrients that are incredibly important for the heart (29).

Overall, there is no positive association between dairy fat and heart disease, although high-fat dairy products are associated with a reduced risk of obesity (30, 31).

But if you look at some countries where cows are generally fed grass, you see a completely different effect.

According to one study from Australia, where cows are grass-fed, individuals who ate the most high-fat dairy products had a 69% lower risk of death from cardiovascular disease, compared to those who ate the least (32).

Several other studies agree with this… in countries where cows are largely grass-fed (like many European countries), high-fat dairy products are associated with a reduced risk of heart disease (33, 34, 35).

Bottom Line: The health effects of butter vary greatly depending on what the cows ate. In countries where cows are mostly grass-fed, dairy fat is associated with a lower risk of heart disease.

Recommending Margarine and Vegetable Oils Instead of Butter is a Crime Against Humanity

Mainstream nutrition gets a lot of things wrong, but the insane advice to replace butter with trans-fat laden margarine and vegetable oils is among the worst.

Margarine, not surprisingly, increases heart disease risk compared to butter (36). The same can be said for processed vegetable oils… several controlled trials show that they can cause heart disease and kill people (37, 38, 39).

The studies say that these highly processed fats and oils increase heart disease risk, so it makes sense that we should avoid them if we don’t want to get heart disease.

It’s a no-brainer, right?

Well, apparently not… The mainstream nutrition organizations are still telling us to eat them, even though these studies have been out for many years.

They just don’t get it. When we replace real, traditional foods like butter and meat with crappy, processed pseudo-foods, we get sick.

How many doctors, nutritionists, PhDs and decades does it take to figure that out?

Real food is the key to good health, processed junk food is not. Period.

Coconut Oil | Alzheimers and Dementia

Jeff,

I agree. Coconut oil can help prevent Alzheimer's and Dementia because it is the most highly saturated fat. A safe source of calories that will help you keep off sugar, flour and other carbohydrates that will attack your brain and other organs. Polyunsaturated fats go rancid more easily than saturated fats. They are also usually GMO; processed with hexane and other dangerous chemicals and processes; and usually rancid. Carbohydrates, sugars, and polyunsaturated fats are also implicated in cancer, heart disease, and many other diseases. Coconut oil (or butter) can help prevent all these diseases.

I am not worried about Alzheimer's (grain brain). Easy to avoid by diet and exercise.

Joe

Jeffrey wrote:
>
>
>
> Coconut Oil | Alzheimers and Dementia Blog - Alzheimers > Association of Northern California and Northern Nevada >
>
> Source: alzheimersblog.org
> Why aren’t you researching coconut oil or [insert other substance > here]?, Tagged with alternative therapy, , Alzheimer's and coconut > oil, , Alzheimer's cure, , Alzheimer's research, , Alzheimer's > treatment, , Alzheimers, , Alzheimers Blog, , axona, , coconut oil, , > dementia, , dementia blog, , dementias, , ketones, May 22nd, 2012 @ > 3:36 pm My recent blog entry about coconut oil generated a lot of > comments with the same question: Why isn’t the Alzheimer’s Association > researching coconut oil? It’s... >
>
>
>

Thursday, November 14, 2013

Fish fight arthritis, diabetes, heart attacks, cancer,...

Alaska Eskimos have less arthritis, diabetes, etc.

They eat mostly fatty fish and seal blubber. No fruits or vegetables or starch or carbohydrates.

Unfortunately the sun is too weak and they wear lots of clothes due to cold weather. So they get weak bones osteoporosis and other such ills. Sunshine is healthy. Sunscreens cause cancer.

Unfortunately nowadays Eskimos get welfare and other money that allows them to buy carbohydrates so they are getting fat and sick. Traditional fatty diet was better.

Catch your own organic fish from clean water. I live next to a lake filled with trout -- a cold water fish that is high in the right kind of fish oil.

Eat the whole fish fresh. Fish oil tablets are a joke -- usually rancid and too small of a dose. The whole fish also contains protein as well as essential fish oils.

http://www.regenexx.com/2012/07/how-much-fish-oil-should-you-take-for-your-arthritis-and-stem-cells/

Eskimos blood work was better than Danish, and they had far fewer episodes of fatal heart attacks.

fish oil consumption among Eskimo tribes has been linked to reduced heart disease and metabolic syndrome.

High levels of EPA and DHA in Eskimos was associated with good blood markers like lower triglycerides and lower c-reactive protein (a test for bad inflammation).

Eskimos also seem to have less arthritis. So if Eskimos have less arthritis, how would fish oil help? Fish oils suppress the formation of inflammatory cytokines and eicosanoids and this is believed to be associated with less pain and inflammation. However, rather than shutting down the COX inflammatory pathway (like NSAID drugs-so called “COX inhibitors”) they are metabolized by that pathway into powerful anti-inflammatory molecules known as the resolvins and the protectins. These have been shown to have many effects, not the least of which is activating the the recovery process of inflammation. So unlike NSAID’s (Motrin, Alleve, Ibuprofen, Voltaren, Celebrex) which block an important inflammation pathway and cause sudden death via heart attacks and fatal stomach ulcers, fish oil increases good molecules that can control inflammation. They also do more than just turn down the inflammation knob, they switch inflammation from a bad chronic state to a good recovery state.

http://www.jrheum.com/subscribers/06/10/1931.html

rheumatoid arthritis (RA)

Low prevalence of RA in Eskimos, who consume large amounts of oily fish rich in Essential Fatty Acids, is *low *
*fish oil therapy has a distinct advantage of being very well tolerated by the majority of patients.

fish oil supplementation virtually has no major side effects, *

this study represents one of the first attempts to evaluate the potential cardio-protective role of fish oil in RA.

Previous studies have shown n-fatty acid supplementation is protective against cardiac deaths.

one does not need to be an Eskimo to have less arthritis and cardiovascular thrombosis.

Wednesday, November 13, 2013

silver prices depressed. gasoline deflates. paintings boom

Jeff,

Gasoline prices are deflating.

Silver pays no dividends and has few uses. Silver has the tendency to be depressed for decades and centuries. Silver crashed in the early 1980s and only recently bubbled up, although the current bubble is not as strong as the 1980 bubble -- prices about a third of where they were then. Silver prices in 1930 were only a third of what they were in 1830 -- a hundred year bear market! Buy silver only if you think you can resell it to a greater fool. Better yet, buy a put option if you think prices will fall or a call option if you think prices will rise. Much easier to use derivatives -- you can't lose the coins or bars that way and no worry about counterfeits. The rich get richer because in part they invest in paper assets.

Better investment are paintings or sculpture. Paintings that did not even exist in 1969 now sell for $142,000,000. Better than buying them, paint them yourself. Bacon was not so smart. Anybody can paint, read their biographies. Bacon bio: living on his instincts, 'drifting', and reading Nietzsche. When he was broke, Bacon found that by the expedient of rent-dodging and petty theft, he could manage a reasonable economy. To supplement his income, he briefly tried his hand at domestic service, but although he enjoyed cooking, he became bored and resigned. He was sacked from a telephone answering position at a shop selling women's clothes in Poland Street, Soho, after writing a poison pen letter to the owner. Bacon found himself drifting through London's homosexual underworld. Early on he was aware that he was able to attract a certain type of rich man, something he was quick to take advantage of, having developed a taste for good food and wine. One was a breeder of race-horses, Harcourt-Smith, who was renowned for his manliness. Bacon claimed his father had asked this "uncle" to take him 'in-hand' and 'make a man of him'. Francis had a difficult relationship with his father, once admitting to being sexually attracted to him. In 1927, Bacon was taken by Harcourt-Smith to the opulent, decadent, "wide open" Berlin of the Weimar Republic, where they stayed together at the Hotel Adlon. Bacon likely saw Fritz Lang's Metropolis, and Sergei Eisenstein's Battleship Potemkin which he credits as the key catalysts on his own artistic imagination

http://www.cnn.com/2013/11/12/us/francis-bacon-painting-art-auction/ Francis Bacon painting auctioned for more than $142 million
part of a record-breaking auction that grossed $691,583,000

http://en.wikipedia.org/wiki/Jeff_Koons "Jeff" Koons is an American artist known for his reproductions of banal objects—such as balloon animals produced in stainless steel with mirror finish surfaces. He lives and works in New York City. His works have sold for substantial sums of money, including at least one world record auction price for a work by a living artist. Koons’s Balloon Dog (Orange) sold at Christie's Post-War and Contemporary Art Evening Sale in New York for $58.4 million. Critics are sharply divided in their views of Koons. Some view his work as pioneering and of major art-historical importance. Others dismiss his work as kitsch: crass and based on cynical self-merchandising. Koons has stated that there are no hidden meanings in his works
[gallery]