Thursday, April 28, 2011

Keynes And Hayek Round Two

Round Two, straight outta EconStories.

FYI, postings will continue to be light to nonexistent for the next few weeks. A tiny miss FutureJacked is on the way and I'm focusing on issues on the home front for the time being.

That said, keeping an eye on the DJIA, gold and silver, it is making me wonder if we are not about to tip over into one of the highly unlikely scenarios outlined by the folks at Elliott Wave International over the last months.

Wednesday, April 13, 2011

Magical Thinking at the Pump

Magical Thinking is alive and well.  Socionomics tells us this is only the beginning...

How one Georgia church is praying for lower gas prices
by Michael Babad, The Globe and Mail
If the markets can't bring down the high price of gasoline, try praying.

A small church in Georgia has organized a prayer service at a local gas station this Saturday, its third such session.

Bishop Marshall Mabry of the 60-member Beacon of Light Christian Center in Dublin, Ga., southeast of Atlanta, says the idea has been growing since he started it.

"Every time we do it, the number gets larger and larger," he said.

The service has a sweet message: That God will stabilize the economy, that the Middle East will see peace and U.S. troops will come home, and that gas prices will fall "to an amount that's affordable to a lot of people..."

Best of luck to him and his flock.

Thursday, April 7, 2011

Checking In

Apologies for the lack of posts lately, the day job has been incredibly hectic lately, plus what I've been spending my socionomics time on getting a paper together trying to identify any socionomic characteristics of how nuclear power has developed over the decades. The accident in Japan, along with the huge outpouring of emotion related to it has made it a timely topic and I hope to produce a solid study soon.

Otherwise, the fight between positive and negative bias mood continues, with the financial markets continuing to hold this plateau. The world situation simmers, with increasing violence in Africa, rumors of war in Gaza and a looming federal government shutdown in the U.S.

Hopefully my schedule lightens up a bit soon and we can get back to regular postings on current events.