Friday, September 25, 2009

Can a grassroots movement seed a new economy?

This project is about challenging the establishment and voting with our wallets. I spend a lot of time attacking our broken & corrupt political system, but I think if we as individuals can get excited about small, easy ways to rebuild the economy from the ground up, we'll accomplish our goal much more quickly.

How do we do this? Be an entrepreneur, or support innovative entrepreneurs whose values are consistent with yours.

Vote with your wallet.

Think about who you're supporting when you go grocery shopping--is it a highly processed product made with genetically modified Monsanto corn, soy or sugar? Or is is a fresh heirloom tomato that came from the farmer outside of town? I'm trying to make choices that support my local farmers and businesses. It's not always easy, and sometimes it's less convenient (I order a lot of pizza when I'm strapped for time), but if enough of us can make better choices a few times a week, we have the potential to rewrite our economic destiny.

So, regardless of whether you have $5 worth of faith in this particular idea, I hope you'll start/continue using your power to strengthen healthy systems that are aligned with your values.

Learn more about the project here:
http://FriendsOfSlowMoney.com

50 million people are already trying to make purchasing choices to support companies that are socially and fiscally responsible. If we can get this message in front of just .4% of those people (200,000), we have a real shot at demonstrating a new model for rebuilding the economy through community-supported entrepreneurship. Imagine the potential....

(and since I know some of you are wondering, I'm not getting any $ out of this. I just think it has the potential to be a game changer, and I hope you agree!)

PLEASE HELP SPREAD THE WORD!

There is A Lot of Water on the Moon - Why Has NASA Waited Years to Say So?

Keith's Update: There are actually three articles that will be in Science tomorrow - one paper each describing results from Deep Impact aka EPOXI, Cassini, and Chandrayaan-1. Three different spacecraft - three different instruments - all saying the same thing about the presence of water and other materials on the Moon.

The EPOXI (Deep Impact) paper ("Temporal and Spatial Variability of Lunar Hydration as Observed by the Deep Impact Spacecraft", Sunshine et al) says that water has been "unequivocally" confirmed and that "the entire lunar surface is hydrated during at least some portions of the lunar day".

In another paper, previously unreleased 1999 flyby data from Cassini ("Detection of Adsorbed Water and Hydroxyl on the Moon", Roger N. Clark) shows hydroxyl concentrations on "the sunlit face of the Moon". Water was detected in concentrations as high as "10 to 1,000 parts per million" and according to the paper "Regardless of its origin, water is found on the lunar surface in areas previously thought to have been depleted in volatiles."

The Chandrayaan-1 paper ("Character and Spatial Distribution of OH/H2O on the Surface of the Moon Seen by M3 on Chandrayaan-1", C. M. Pieters et al) says "... Modeled abundance could be as high as 770 ppm (20), but is dependent on particle size, and the total abundance of hydrated material in the bulk upper regolith would be substantially smaller if hydration is not retained during regolith gardening. ... data suggests that the formation and retention of OH and H2O is an ongoing surficial process. OH/H2O production processes may feed polar cold traps and make the lunar regolith a candidate source of volatiles for human exploration."

It would seem that NASA has been sitting on a lot of data confirming with regard to the Moon - in some cases, for years. Meanwhile, a lot of people are trying to downplay the importance of these findings in and around NASA at the same time it would seem that the Moon has been revealed as being much more useful than had been previously released publicly. SMD has some explaining to do. Stay tuned.

Water on the Moon?, Nature

"That's not all. Early results from NASA's Lunar Reconnaissance Orbiter (LRO), launched on 18 June, are offering a wide array of watery signals. Increasingly, lunar scientists are confident that the decades-long debate is over. The Moon, in fact, has water in all sorts of places: not just locked up in minerals, but scattered throughout the broken-up surface, and, potentially, in blocks or sheets of ice at depth."

It's not lunacy, probes find water in moon dirt, AP

"We argued literally for months amongst ourselves to find out where the problem was," Pieters said. Sunshine, who was on the team, had a similar instrument on NASA's Deep Impact probe, headed for a comet but swinging by the moon in June. So Deep Impact looked for the water-hydroxyl signature — and found it. Scientists also looked back at the records of NASA's Cassini probe, which is circling Saturn. It has the same type instrument and whizzed by the moon ten years ago. Sure enough, it had found the same thing. The chance that three different instruments malfunctioned in the same way on three different spaceships is almost zilch, so this confirms that it's water and hydroxyl, Pieters said."

Keith's Update: Interesting ... Cassini made this discovery a decade ago - and yet NASA did not even know that it had done so. Just goes to show you that new discoveries can be found in old data.

Earlier posts below


Keith's 21 Sep 5:49 pm EDT note: Reliable sources report that there will be a press conference at NASA HQ at 2:00 pm this Thursday featuring lunar scientist Carle Pieters from Brown University. The topic of the press briefing will be a paper that will appear in this week's issue of Science magazine wherein results from the Moon Mineralogy Mapper (M3) aboard Chandrayaan-1 will be revealed. The take home message: there is a lot of water on the Moon. Stay tuned.

NASA to Reveal New Scientific Findings About the Moon, NASA

"NASA will hold a media briefing at 2 p.m. EDT on Thursday, Sept. 24, to discuss new science data from the moon collected during national and international space missions. NASA Television and the agency's Web site will provide live coverage of the briefing from the James E. Webb Memorial Auditorium at NASA Headquarters, 300 E St. SW, in Washington. ... The briefing participants are: ... Carle Pieters, principal investigator, Moon Mineralogy Mapper, Brown University ..."

Fed says US economy in recovery

The Federal Reserve said today that the US economy was in recovery and repeated its intention to keep rates exceptionally low for some time.

"Information received since the Federal Open Market committee met in August suggests that economic activity has picked up following its severe downturn," the Fed said in a statement. As was widely expected it said it was holding overnight lending rates at close to 0%.

The Fed added that it would gradually slow the pace of its purchases of mortgage-related debt in order to promote a smooth transition in markets, but reiterated it would keep its options open.

It doubled the size of its balance sheet to around $2tn as it flooded financial markets with money during the crisis last year. It has maintained this support through a campaign to buy $300bn of longer dated US government bonds and $1.45tn of mortgage-related debt in an effort to keep lending rates low.

CNN's hoax on America. REAL VIDEO PROOF!! NO BS!!!

Check this link ......... http://bit.ly/bMMII

URGENT: MSNBC GUILTY OF ASSISTED SUICIDE?

Check this link ....... http://bit.ly/EjHAv

School kids taught to praise Obama

Check this link ........ http://bit.ly/14qgjF

HSBC bids farewell to dollar supremacy

The sun is setting on the US dollar as the ultra-loose monetary policy of the US Federal Reserve forces China and the vibrant economies of the emerging world to forge a new global currency order, according to a new report by HSBC.


A dollar bill
All change: the dollar is losing ground as the world's reserve currency Photo: Bloomberg News

"The dollar looks awfully like sterling after the First World War," said David Bloom, the bank's currency chief.

"The whole picture of risk-reward for emerging market currencies has changed. It is not so much that they have risen to our standards, it is that we have fallen to theirs. It used to be that sovereign risk was mainly an emerging market issue but the events of the last year have shown that this is no longer the case. Look at the UK – debt is racing up to 100pc of GDP," he said

Crucially, China and rising Asia have reached the point where they can no longer keep holding down their currencies to boost exports because this is causing mayhem to their own economies, stoking asset bubbles. Asia's "mercantilist mindset" of recent decades is about to be broken by the spectre of an inflation spiral.

The policy headache was already becoming clear in the final phase of the global credit boom but the financial crisis temporarily masked the effect. The pressures will return with a vengeance as these countries roar back to life, leaving the US and other laggards of the old world far behind.

A monetary policy of near zero rates – further juiced by quantitative easing – is completely incompatible with circumstances in most of Asia, the Middle East, Latin America, and Africa. Divorce is inevitable. The US is expected to hold rates near zero through 2010 to tackle its own crisis.

What is occurring is an epochal loss in the relative wealth and economic power of the old G10 bloc of rich countries compared to rising regions of the world. The euro, yen, sterling, Swiss franc and other mature currencies will be relegated along with the dollar in this great process of rebalancing, but the Greenback will bear the brunt.

The Fed's super-loose policy is turning the dollar into the key funding currency for the next phase of the global "carry trade", taking over the role of Japan during its period of emergency stimulus.

Mr Bloom said regional currencies would emerge as the anchor for their smaller trading partners, with China, Brazil, or South Africa substituting the role of the US. Australia is already linking its fortunes to China through commodity ties.

By Ambrose Evans-Pritchard