Tuesday, October 30, 2012


Sandy could have been worse, although she looks bad.   $20B or so.

About what the Fed Reserve conjures out of nothing to steal from savers and asset holders, every two weeks.     Keep things in perspective.

And lets hope the nuke plants can get utility power back on.    They have backup, when it works, and when enough diesel can be delivered.    But there are serious repercussions when they lose power for real.  And the older they get, the more dangerous they get.

1 comment:

  1. major east coast refineries shut down
    (how may this affect diesel delivery?)

    NY Subway may take weeks to restore service


    ...then there's the inefficiency (corruption) of government disaster spending...

    Japan 'has spent rebuilding money on unrelated projects'

    ... not that all this government spending has help Japan avoid contraction http://globaleconomicanalysis.blogspot.com/2012/10/japan-manufacturing-pmi-falls-to-18.html


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