1946 Technique developed to produce high-quality frozen orange juice concentrate
1946 Tupperware was introduced
1946 Frozen French Fries went on sale at the R.H. Macy department store in New York
1946 Instant Potato (mashed potatoes) was introduced
How Much things cost in 1947?
Average Cost of new house $6,600.00
Average wages per year $2,850.00
Cost of a gallon of Gas 15 cents
Average Cost of a new car $1,300.00
Loaf of Bread 13 cents
United States Postage Stamp 3 cents
Coke Cola 6 ounce Bottle 5 cents
Candy Bar was 5 cents
Ammonium nitrate cargo of SS Grandcap explodes in Texas City, Texas – 552 dead, 3000 injured
UFO allegedly found on July 7th in the Roswell UFO incident
Polaroid Land Camera Demonstrated giving photos in 60 seconds
UK News: Royal Highness Princess Elizabeth marries the Duke of Edinburgh at Westminster Abbey, London.
The United Nations General Assembly votes to partition Palestine between Arabs and Jews
Cold War starts which endured over four decades, from 1947 until the decline and eventual collapse of East European and Soviet state communism in the late 1980s
The Transistor is invented
Walter Morrison invents the Frisbee
ENIAC, one of the world’s first digital computers, is turned on after a memory upgrade. It will remain in continuous operation until October 2, 1955.
The Sound Barrier Broken ( Traveling faster than Sound )
1947 Sugar rationing ends in the U.S
1947 The first aluminum foil, Reynolds Metals ‘Reynolds Wrap’ goes on sale
1948 The opening of Britain’s first supermarket, at Manor Park, run by the London
Hello Friends here we come up with another write up on “Commodity Corner Series”.
Topic is Additional Directional Movement (ADX) Part 1.
.
Additional Directional Movement (ADX)
.
We would touch upon aspects like what is ADX, what does it mean for Investors and what are the basics of ADX.
.
As futures markets are volatile in nature & remain in over bought/-sold condition for a period of time, there is a need to confirm a move with an additional confirmation signal.
.
It is important to predict the trend of the commodities futures & the analyzing the strength with applying technical tools.
.
Reading directional signals from price alone can be difficult, & it is here where this indicator “Additional Directional Movement” provides an early signal to guide investor in right way.
.
This indicator was created in 1978 by J. Welles Wilder, who also created the popular Relative Strength Index.
.
THE BASICS
.
ADX differentiates between strong and weak trends, allowing trader to enter only the strongest trends.
.
The positive & increasing values on the Y-axis of the indicator measures how strongly price moves upward; the negative or decreasing figures measure how strongly price moves downward.
.
· When the +ADX is dominant and rising, price direction is up.
· When the -ADX is dominant and decreasing, price direction is down.
.
In other words, the -ADX rises when price falls, and falls when price rises.
.
Next Blog we would read about what are the features of ADX and the current scenario of the ADX in the market.
.
Stay Tuned for more on this.
.
–
Note : For More Latest Industry, Stock Market and Economy News and Updates, please Click Here
What lost California in the Initiative process was the Imitative that set the budget % for schools (read “Union Teachers”) and the three Initiatives from the Governator proposed in (as I recall) 2006, which were defeated by union money.
There has NEVER been a state income problem. There has been a documented spending problem, spending far beyond the combined Cost of Living Plus immigration numbers.
That, plus setting pensions and other items into contractual stones during bubbles (Dot Com and real estate) that cannot be rationally be funded during recessions and the proximate cause of the state problem.
However much income the State has is how much it has. If the politicians insist on spending more than one of the top five tax states in the nation (#1 in many categories) it is NOT the fault of taxes!
Darn few homes are covered by Prop 13 as to the homes still owned by the original owners – what KEEPS property taxes down is the 2%/year limit on property taxes for EVERYONE who owns a home.
Is it your contention that the 2%/year property tax limit on property tax increases for ALL homeowners should be repealed? Make THAT proposal and you had better guard your anonymity with GREAT care!
Regardless of the mistakes of the people in Initiatives, and I have noted them, the Legislature KNOWS with some certainty how much they have to work with, and in every year they have overspent that amount.
It was NOT an Initiative process by which the Legislature permitted city, county and state to increase the 2.5%/year retirement rate to 3% — it was pure legislative action, and although it was permitted and not required, union pressure promptly made 3% the norm (In San Diego County, of 17 municipalities excluding the City of San Diego, only Poway held to 2.5%.)
Surely, there is sufficient blame to go around and the rice bowls being broken are adding to a national unemployment problem. The unions have recently won their lawsuit precluding forced days off – which has caused pay cuts, but pay cuts will not work because they do not end huge pension costs. Only layoffs do that, and they need to begin immediately.
The bad news is that education must be cut. The good news is that it immediately hits leftist professors and idealistic young students who may discover that limits do actually exist.
The best news to everyone is that funds available to government are not unlimited. The Legislature did not believe that and in the budget deal last year the Republicans agreed sub-rosa to release a few Republicans in safe districts to vote the largest tax increase in ANY state’s history! (Anthony Adams, one of those, has recently announced he will not run again – because the Democrat-Republican private deal came to light.)
But it was NOT just the safe Republicans who were in on the deal. EVERY Republican (except I think 5 who were kept in the dark) signed off on it!
I wrote the following essay during the summer of 2003, after attending the Vancouver International Folk Music Festival and picking up a green conscious living magazine. I made the mistake of posting the essay on Helium.com in 2007 when I was a full-time student trying to earn some extra money on the side.
I never made a dime off of Helium.com nor did I read their agreement thoroughly when I posted two essays on that site. When I tried to remove my essays from that site, I was denied. I filed complaints with the Better Business Bureau and the Attorney General’s office in Washington State and still Helium.com refused to remove my essays from its site.
The essay below has just been edited and this is the only authorized version of this essay. Though I clicked on an agreement on Helium’s website, you must understand that those agreements favor the provider of the website and not the author that post–and all website agreements are non-negotiable.
Discarded but Not Forgotten
Essay on Volunteer Simplicity
When I was still firmly ensconced in my middle class formative years, I thought I would grow up, find a good job and purchase the North American dream. I started off in the right direction by attending and graduating from a university, then after I moved to the big city and decided to pursue a career in music, “reality” hit home. I found work to support my musical endeavors, but my paychecks could not afford the price of new furniture, let alone, the purchase of a home.
Throughout my twenties, I thought that toiling at my music would land me a recording contract, the musical equivalent of winning the lottery, but Lady Luck was not looking my way. By the time I reached my thirties, tired of various occupations and watching my dreams fade to black, I learned an important lesson about downsizing.
Some people volunteer to downsize their lives. They give up lucrative careers and become stay-at-home parents or they seek out the true meaning of existence. Best-selling authors wrote books about this painless process, Volunteer Simplicity (Duane Elgin) and Your Money or Your Life (Joe Dominguez & Vicki Robin). The difference between the volunteer simplicity crowd and me was that I never chose to downsize and by the time I read those authors’ books, I had already reached ground zero. I never owned a home, real furniture or any possessions besides musical instruments, equipment, several futons, books and compact discs. I was already living the “simple life” other envied and I learned that with a little trust intact, the Universe does provide.
I watched Italian filmmaker Franco Zeffirelli’s Brother Sun, Sister Moon (1972, Italian), that chronicled the early adulthood of Saint Francis of Assisi, better known as “the first societal dropout”. In the film, based on true events, the son of an upper class cloth merchant, Francesco (his Italian name), stripped himself bare and in his vulnerable state he walked naked into the unknown. Francesco trusted that God would provide for him like he provided for all of nature and he also believed that we could not worship the Divine and materialism at the same time. Add to that the ecological impact all our stuff has upon the earth and downsizing along with recycling our possessions sounds like reasonable plans. Incidentally, Saint Francis of Assisi is known today as the Patron Saint of Ecology.
Another film, a documentary by the French filmmaker Agnès Varda, The Gleaners and I, focused on the people of France that live off of discarded goods. Agnès chronicled the rural people who glean (collect) tons of vegetables, fruit and grains that was abandoned after harvest. She also aimed her camera eye at urban dwellers that salvaged discarded furniture left on the sidewalks of Paris. I have also found abandoned furniture left on sidewalks in good condition, clothing, and books in free boxes as well as, learning how to barter and trade my talents. Somehow I survived a richer person who found wealth in the simple pleasures of life, listening to free concerts, watching free movies, spending time with friends or strolling through nature.
While acquiring money has its benefits, most people put a lot of time and effort to build their palaces and then more effort to fill their palaces with stuff they can no longer appreciate. I have observed various people with big homes, vacation cottages, luxury cars and the works, but they are too busy to enjoy what they possess. Some of them neglect their children, their spouses and friends, in favor of building another wing onto their palace. They simply do not see all of the unused rooms in their houses, the dust gathering on their belongings or time racing past them as they rush out into the world to earn more money so they can buy more things. It is unfortunate that these are the people society envies. Mansions, luxury cars and designer brands play a greater importance than majestic mountains, vast oceans and wild animals. They take on a greater importance that the joy of companionship, listening to music for the sake of music without boasting expertise or getting in touch with nature without cell phones and other electronic devices to distract them.
People such as myself who choose not to live the “high life” fade into the background, yet many of us (and I am not talking economic poverty), have found spiritual and other sustenance in knowing that the Universe provides for us. Of course, we still need to make the effort and practicing trust is more challenging than people think. Now, that more people find themselves abandoned by a gasping economy, they seek out a new meaning for their lives. I know of at least one dot.com downsize victim (this essay was written in 2003), that turned her life around by pursuing a vocation as a Reiki practitioner and I have known others who found a spiritual practice after losing lucrative careers.
I lost many jobs in my life and I lost my music career after suffering from a long-term illness. I did not think I would survive and yet the natural world beckoned to me, giving me hope. Similar to Francesco of Assisi, I relied on God to provide for me and I gained a talent for resourcefulness. We all have many talents that other people need in this New Era and it is time to return to the concept of barter and trade. Perhaps then we develop a new confidence in ourselves and we will find security in our connection to the spiritual realm as opposed to the material one.
When people discard belongings, they are in fact, giving those possessions new life. When we outgrow something we can pass it on to the next person. And in the end those things once deemed important in our lives are discarded but not forgotten. Since I believe that living beings are more important than things, by sharing what we do have with others, we acknowledge the bond that connects us. The most important lesson I learned in this life thus far has not been how to earn lots of money, but how to contribute my talents to the world without living the North American dream. And besides, I don’t really care for white picket fences.
Originally written the summer of 2003, copyrights Patricia Herlevi
This is the only authorized version of this essay on the Internet.
Korn, Thailand’s finance minister, just got ranked as last year’s “Best Global” finance minister by the very prestigious, Financial Times-specifically for being able to steer Thailand’s economy successfully across a very turbulent political landscape.
According to to most Thai economist, that says a lot for Korn’s ability and it will build confidence in Thailand for global investors, both direct and portfolio-since his past ability, will mean the same for the future and so the greatly feared Red Shirt gathering in the near future, will not really hit the Thai economy so badly.
And so as other ASEAN stock markets are currently making new high from the January Effect, but the Thai stock market has not shown any January Effect, that lagging behind, will not be a real problem as Korn is at the helm.
And as The Japanese think tank, Jetro, says Japanese investors have now abandoned Thailand as a place to invest, that will also not be a real problem, as again, Korn is at the helm.
And as the World Bank, have estimated the Thai GDP, to grow this year as one of the slowest in ASEAN, that will also not be a real problem, as yet again, Korn is at the helm.
To most global investors, the question now, with Korn’s global level elevation, is how will he steer Thailand into the future? Like how will he get the Japanese back; and how will he help stop Thailand being a laggard on growth and stock market performances.
Not only foreigners are pinning their hope on Korn, the Thais, as Master Card says, is about 50% more confidence now than 6 months ago, that the Thai economy and stock market will be doing great. With this type of confidence by the Thais, Korn is literally riding on a very strong positive psychology and sentiment-that will give him a great push.
So all in all, a great deal of hope is now pinned on Korn’s global class ability. And that is very important, because the Thai private sector is failing badly. So basically, Thailand’s hope, is with Korn and Finance Ministry.
International ranking says Thailand’s private sector productivity have dropped last year, and in the first global ranking of the world’s best 500 CEO, as many Asians and other emerging economies made the list, even the best of Thailand like the head of CP, Red Bull, the Liquor Tycoon, or the head of Siam Cement or PTT, did not show up. And other international ranking says as other ASEAN countries are focusing on innovation and creativity to recover from the global slow-down, Thai firms are cutting costs.
Does this blog have the type of confidence Financial Times has on Korn?
Well to tell you the truth, this blog does not think the Financial Times elevation of Korn has anything to do with Korn at all, but with the Thai military, particularly Anupong-the Thai army chief.
In fact, this blog thinks Anupong should be the global Finance Minister of the year position.
That is because the only reason why Korn was able to steer the Thai economy across such a turbulent political landscape, is because Anupong shot live bullets accross the heads of the Red Shirt protest and warned the Red Shirt to dissipate their protest, otherwise the military will do whatever is needed to stop their protest.
The Red Shirt, confronted by that type of threat, simply said they will “Save Red Shirt Lives” and stop the protest. So what actually steered Thailand’s economy through the political mess, is not Korn’s abilities at all, but bullets.
The question for ethical investors Globally to really ask, and we want the Financial Times to think about this very carefully-is if investing in Thailand, is helping the bullets fly towards people.
Αυθεντικός τίτλος: The average Joe Amerikan (in English) (in Polish)
Ο «μέσος Τζο» κατέχει ειδική θέση στην αμερικάνικη συνείδηση.Ο εν λόγω λογοτεχνικής έμπνευσης ,δημοφιλής χαρακτήρας, «ήρωας της εργατικής τάξης», εμφανίζεται σε ταινίες,στην τηλεόραση,επί σκηνής.Αποθεώνεται από τους πολιτικούς.Για τους Πρωτοκοσμιστές ρεβιζιονιστές αποτελεί το κλειδί για το μέλλον,για τον κομμουνισμό.Αυτός είναι ο μύθος του «μέσου Τζο».Ποιά είναι όμως η πραγματικότητα;
Ο «μέσος Τζο ο Αμερικάνος»,25 ετών και άνω,έχει ετήσιο εισόδημα 32 χιλιάδων δολλαρίων.(1)Αντιθέτως,οι περισσότεροι άνθρωποι στον κόσμο,ίσα που επιβιώνουν με χίλια δολλάρια το χρόνο.Για παράδειγμα,οι Ινδοί που βγάζουν λιγότερο από ένα δολλάριο τη μέρα είναι περισσότεροι από όλους τους κατοίκους των ΗΠΑ.(2)Με το υψηλό του εισόδημα,ο μέσος Αμερικάνος έχει πρόσβαση σε πολυτέλεια και ποιότητα ζωής άπιαστες για τους περισσότερους λαούς στον κόσμο.Αξιοπρεπή κατοικία ,αυτοκίνητο ,υπολογιστή ,στερεοφωνικά, πισίνα, μόρφωση, διακοπές, διασκέδαση, επενδύσεις, και άλλα πολλά, μπορεί να έχει ο «Τζο» χάρη στο υψηλό του εισόδημα.Ο «Τζο» και έχει και κερδίζει πολλά παραπάνω σε σχέση με την εργασία του.Με το εισόδημά του ο «Τζο» έχει μεγαλύτερη πρόσβαση σε κεφάλαιο από πολλούς καπιταλιστές του Τρίτου Κόσμου.Ο «Τζο» κερδίζει πολλά παραπάνω από ότι θα του επεφύλλασε μια ισότιμη διανομή του παγκόσμιου πλούτου.Με λίγια λόγια, από τον σοσιαλισμό θα συνεπάγετο μια δραστική μείωση των εσόδων του «Τζο».Στην περίπτωση μιας σοσιαλιστικής παγκόσμιας διανομής του πλούτου,ο «Τζο» θα έχανε το μεγαλυτερο μέρος του εισοδήματός του.Στο σοσιαλισμό ο «Τζο» θα έχανε τον αμερικάνικο τρόπο ζωής του.Με άλλα λόγια,τον «Τζο» τον συμφέρει τόσο να έρθει ο σοσιαλισμός,όσο συμφέρει και την ιμπεριαλιστική αστική τάξη.Αυτό το καταλαβαίνει ο Τζο και γι’αυτό,ξανά και ξανά συντάσσεται με την αστική του τάξη ενάντια στον Τρίτο Κόσμο.
Ο μύθος λέει ότι ο «Τζο» είναι εργάτης,χειρώνακτας, «μες στη μουτζούρα» ας πούμε.Αυτή η εικόνα έχει διαδοθεί από χαρακτήρες όπως ο Homer Simpson στη γνωστή αμερικάνικη σειρά κινουμένων σχεδίων «Οι Simpsons».Η αλήθεια ωστόσο διαφέρει.Ο μέσος Αμερικάνος έχει δουλεία γραφείου.(3)Η δουλειά του,δεν είναι από αυτές που σπάνε κόκκαλα,που τσακίζουν το σώμα ,που στην κυριολεξία σκοτώνουν, όπως αυτές που κάνουν οι εργάτες του Τρίτου Κόσμου για να επιβιώσουν.Αντιθέτως,η δουλειά του Τζο είναι άνετη,με υψηλές απολαβές,για λίγες ώρες και με μεγάλα διαλλείματα.Η κουλτούρα που σχετίζεται με τη δουλειά γραφείου του μέσου Αμερικάνου,έχει πολύ λιγότερα κοινά σημεία με την εργατική κουλτούρα του προλεταριάτου του Τρίτου Κόσμου και πολύ περισσότερα με την εργασιακή κουλτούρα της αστικής τάξης.Επίσης, ο «Τζο» δεν εντοπίζει τον εαυτό του μέσα στο παγκόσμιο προλεταριάτο, τους οποίους ο Μαρξ περιέγραφε ως εκείνους «που δεν έχουν τίποτα να χάσουν,παρά τις αλυσίδες τους».Μάλλον είναι πιθανότερο ο «Τζο» να «βλέπει» τον εαυτό του μέσα στην παραδοσιακή αστική τάξη.
Σύμφωνα με το μύθο,ο μέσος Αμερικάνος ζει μέσα σε μια αστική ζούγκλα,σε γκέτο ή σε καμμιά τρώγλη.Η αλήθεια είναι ότι ο «Τζο» ζει σε άνετο σπίτι σε προάστιο.(4)Τα προάστια όπως τα ξέρουμε σήμερα,ξεκινούν την εμφάνισή τους και αναπτύσσονται στις ΗΠΑ μετά το Β’Παγκόσμιο Πόλεμο.Η αφθονία στις ΗΠΑ αυξήθηκε κατακόρυφα καθώς αυτές αναδύονταν από τη Μεγάλη Ύφεση και το Β’Παγκόσμιο Πόλεμο ως η κύρια ιμπεριαλιστική υπερδύναμη.Η ζωή στο προάστιο έιναι μέρος ενός ουτοπικού οράματος που σχετίζεται με την μεταπολεμική pax Americana.Το να ζει κανείς σε προάστιο είναι μέρος του «αμερικάνου ονείρου».
Ας αντιμετωπίσουμε την αλήθεια.Η σκέψη και μόνο, ότι ο μέσος Αμερικάνος αποτελεί κοινωνική βάση για επανάσταση είναι γελοία.Με καμμία δύναμη δεν πρόκειται ο «Τζο» να εγκαταλείψει τα προνόμια που έχει σαν μέσος Αμερικάνος και να ρισκάρει το τομάρι του για το καλό αυτών που είναι πραγματικά θύματα καταπίεσης και εκμετάλλευσης στον Τρίτο Κόσμο.Αυτό δεν ισχύει μόνο για τον μέσο Αμερικάνο.Ισχύει γενικά για τον Πρώτο Κόσμο.Στον πυρήνα της Μαρξιστικής σύλληψης για το προλεταριάτο,το επαναστατικό υποκείμενο,βρίσκεται η ιδέα ότι η ζωή του προλετάριου είναι δυστυχισμένη και σκληρή.Δεν έχει τίποτα να πουλήσει παρά την εργασία του και τίποτα να χάσει παρά τις αλυσίδες του.Αυτή η περιγραφή,σε καμμία περίπτωση δεν ισχύει για τη συντριπτική πλειοψηφία των κατοίκων του Πρώτου Κόσμου.Τι είδους «Μαρξισμός» είναι αυτός που «αγωνίζεται» για καλό των πλουσιότερων πληθυσμών;Είναι σοσιαλιμπεριαλισμός και σοσιαλφασισμός,Πρωτοκοσμιστικός ρεβιζιονισμός.Τι είδους Μαρξισμός στέκεται στο πλευρό της συντριπτικής πλειοψηφίας της ανθρωπότητας,που δεν έχει τίποτα να χάσει παρά τις αλυσίδες της;Τι είδους Μαρξισμός στέκεται απέναντι από τον Πρώτο Κόσμο,θεωρώντας τον στην ολότητά του ταξικό εχθρό;Πραγματικός Μαρξισμός,Μαοϊσμός-Τριτοκοσμισμός.
Σημειώσεις
A few months ago, I suggested that citizen gumshoes using the Internet could help regulators spot fraud. It seemed a number of people in finance knew for years that Madoff was likely a Ponzi scheme, but even though one of them, Harry Markopolos, wrote to the SEC, no one did anything about it until Madoff turned himself in years later. The power of information connectivity can allow people to collaborate, and group problem solving has been a particularly powerful genre, whether it be movie-preference algorithms or mathematical proofs. Why not solving crimes?
I wrote money-manager and blogger “John Hempton seems to spot a financial fraud every quarter and has the courage to publicly do so on his blog.” He’s done it again, and this fraud is as big to his home country of Australia as Madoff was to the US. Here’s his version of the events, along with his aw-shucks addendum. The short story is that a reader of Hempton’s blog pointed him towards the suspicious firm given Hempton’s reputation for outing hedge-fund frauds. After concluding the suspect financial firm Astarra was likely a Ponzi scheme, he wrote a letter to the Australian Securities and Investments Commission, and the regulators followed up quickly, shutting down Astarra, which was a manager in the outsourced Australian pension system, their version of Social Security.
Congratulations to John Hempton and the anonymous citizen gumshoe/blog reader.
And why stop at white-collar crime? How cool would it be to see Internet geeks collaborating on Twitter to solve an unsolved murder? #ColdCase. Uhh… it might be better to use anonymous names for those ones.
Next Blog we would read about what are the features of ADX and the current scenario of the ADX in the market.
.
Stay Tuned for more on this.
.
–
Note : For More Latest Industry, Stock Market and Economy News and Updates, please Click Here
Ο μύθος λέει ότι ο «Τζο» είναι εργάτης,χειρώνακτας, «μες στη μουτζούρα» ας πούμε.Αυτή η εικόνα έχει διαδοθεί από χαρακτήρες όπως ο Homer Simpson στη γνωστή αμερικάνικη σειρά κινουμένων σχεδίων «Οι Simpsons».Η αλήθεια ωστόσο διαφέρει.Ο μέσος Αμερικάνος έχει δουλεία γραφείου.(3)Η δουλειά του,δεν είναι από αυτές που σπάνε κόκκαλα,που τσακίζουν το σώμα ,που στην κυριολεξία σκοτώνουν, όπως αυτές που κάνουν οι εργάτες του Τρίτου Κόσμου για να επιβιώσουν.Αντιθέτως,η δουλειά του Τζο είναι άνετη,με υψηλές απολαβές,για λίγες ώρες και με μεγάλα διαλλείματα.Η κουλτούρα που σχετίζεται με τη δουλειά γραφείου του μέσου Αμερικάνου,έχει πολύ λιγότερα κοινά σημεία με την εργατική κουλτούρα του προλεταριάτου του Τρίτου Κόσμου και πολύ περισσότερα με την εργασιακή κουλτούρα της αστικής τάξης.Επίσης, ο «Τζο» δεν εντοπίζει τον εαυτό του μέσα στο παγκόσμιο προλεταριάτο, τους οποίους ο Μαρξ περιέγραφε ως εκείνους «που δεν έχουν τίποτα να χάσουν,παρά τις αλυσίδες τους».Μάλλον είναι πιθανότερο ο «Τζο» να «βλέπει» τον εαυτό του μέσα στην παραδοσιακή αστική τάξη.