Urban Studies

You are currently browsing the archive for the Urban Studies category.

Devin Coldewey has a smart essay at Techcrunch pointing out that the tech items we use constantly and depend on for function, the ones that look so beautiful, provide little emotional connection for us because of their uniform and disposable nature. I agree with his assessment of digital culture, where disposal is built into the agreement. Analog technology, like those scratchy LP records that were purchased to not only be played but also to be collected, can hold us in their sway and attach themselves to our hearts and minds. Not so with an iPod. An excerpt:

“It’s a puzzling and complicated relationship we have with technology, as it is personified (for lack of a better term) in our iPhones, laptops, and other gadgets. We hold them and touch them every day, look at them for hours on end, sleep next to them. But how little we care for them!

I know that much of this is because what interests us in our devices is not the device itself, but that to which it is a conduit. Our friends, a map of the world, the whole of human knowledge (if not wisdom) at our fingertips. I don’t value my laptop the way I value my jacket because if I lose the laptop, my friends and Google and Wikipedia will still be there, waiting for me to find another way to get at them. It’s not so surprising, then, that we don’t value this middle-man object much.

And although we share so much of our lives with these devices, they don’t last very long. We’re like serial monogamists, committed until something better comes along, usually after a year or two. Can you really be fond of something you know you plan to replace?

Yet however reasonable it appears, still it disturbs me. It strikes me as wrong that our most powerful and expensive and familiar objects should be the ones we love the least.”

Tags:

“I threw a few new ones in there a few days ago.”

Toenail Collection – for sale – $9 (Newark)

This is a very rare in-valuable item. I mean, how do I know how to price this, what it’s worth? You won’t find somethin’ like this on e-bay, bet your ass! I’ve decided to sell my entire toenail collection that I have been collecting for many many years now. I was going to put this ad under the Antiques category, but I threw a few new ones in there a few days ago. Been keeping ‘em since I was about 6, I’m 81 now. I’m willing to do PayPal and mail this out to you. Or, we can meet in Newark somewhere. Not near the airport….wouldn’t want a big wind from a plane to come by just as I’m opening the jar.

The jar is included, with the screw-on top….if I’m gonna mail this out to you, you wouldn’t want these to get loose and all mixed around in the mail, so I’ll keep ‘em in the jar. Might be worse than Anthrax! But, better yet, if we meet in person, I can update the jar with my latest nails. Bring scissors. And exact change.

For some reason, a carnival worker subjected himself to an Ask Me Anything on Reddit. Wiseasses descended immediately. Some highlights follow.

———————————————————————————————————

Question:

Do you have small hands? Do you smell like cabbage?

Answer:

No I have normal sized hands.

And no I don’t. I’m actually super particular about my smell. I always use the same scent of everything. Right now my shampoo, conditioner, deodorant, body spray, body wash are all from dove fresh cucumber. I’ll probably change it for fall/winter though.

———————————————————————————————————

Question:

Could you throw a hoop on the chimney of my house?

Answer:

Maybe? If I had a lot of tries?

———————————————————————————————————

Question:

How often do you have to clean up vomit from the tilt-a-whirl?

Answer:

I never had to but the cleaning people have to do it pretty often. We call it a protein spill. Actually one of the cleaning people threw up as well just kind of in front of ring toss and then he went home and another cleaning person came and cleaned it up. We have a lot of sweepers though…sometimes I think they just have nothing to sweep really and they just walk around.

Instead of milk, Jimmy Breslin added Piels to his Grape-Nuts. From the 1970s.

See also:

Tags:

“He owned a large part of the city of Tombstone.”

A rags-to-riches-to-rags story that played out in Tombstone, Arizona, and Chicago, Illinois, was reported in the January 24, 1896 Brooklyn Daily Eagle. An excerpt:

“He used to be called the Duke of Tombstone when an Arizona settlement marveled at the recklessness of a man who bathed three times a day when water was five cents a gallon. Edwin Fields in those days changed his white flannel suit whenever the smallest blemish in the way of dust was noticeable and rode behind a pair of horses that were a sensation in a community where burros were the highest type of draft animals. Now he is poor old Ed Fields, and when he gets out of the county hospital, where a Harrison Street police ambulance took him last night, he will be taken to the poorhouse at Dunning to spend his few remaining years in contemplation of the time when he owned a large part of the city of Tombstone and a mine worth more than half a million. Too poor to ask for help, yet sorely in need of it; too proud to ask for money and yet having a brother whose fortune is vast, he was taken from a lodging house at 68 Thirteenth Street against his will, on the strength of a certificate obtained by Dr. A.W. Cowley, who had found that his mind was failing and that he needed comforts he once would have scorned.

Dr. Joseph H. Greer of 307 Oakley Avenue knew Fields in Arizona and had assisted him from time to time during the past three years in Chicago.

‘I went to Tombstone, Ariz., in 1879,’ said Dr. Greer, ‘and Fields was there before me, although the town contained but seventy-five people at that time. He was squatting on some mining property, which was not supposed to be of much value. But the town grew to 15,000, and he owned two-thirds of the town site, so his rents increased until they gave him an income of $4,000 a month. The mine which he owned was called the Gilded Age, and proved to be a rich property. Fields’ title to it was was a little shaky, but he was backed by Boston and New York capital, and in the end secured a perfect title. He sold the mine in 1881 or 1882 for $600,000 in cash, every cent of which went to him. After the town grew and Fields amassed his wealth he assumed a mode of life that made him the most conspicuous character in the West.

“He had lost most of his property in speculation on the board of trade, and then had taken to the bucket shops.”

‘I left Tombstone and settled in Chicago. One day during the World’s Fair period a seedy looking individual stepped into my office and I recognized Edwin Fields. I asked him what he was doing, and he told me with a mournful smile that he was store man at the Southern Hotel. His salary, he said, was $14 a month. Where had his money gone? Well, I asked him that one day, for I could not understand how a man who never drank, never played cards or gambled to my knowledge, could have squandered a cool million of dollars, which amount he certainly possessed at one time. He told me that he had lost most of his property in speculation on the board of trade, and then had taken to the bucket shops, where the rest of his money had taken wings.

‘He was at this time, even with his pittance of a salary, drifting daily to the bucket shops in the vain endeavor to retrieve his lost fortune. I do not know his birthplace, but he was an Eastern man and well connected. He has a sister living at Steubenville, O.; a brother at Farleys, N.M., who owns a sheep ranch; and another brother who owns an immense coconut plantation in the Samoan islands. Such has been his pride or perverseness that he never would seek aid from them. He has roomed at the house of Mrs. Fitch, 68 Thirteenth Street, whenever he was without employment. I fear he will not live long, as he is suffering from a complication of diseases and is now an old man.'”

Tags: , , ,

Decades before he was a reality show caricature who swam in the shallow end of American pop culture, Hugh Hefner was a trailblazer politically and socially, even if his taste in art was meh. At the tail end of his cultural prominence, in 1974, he was interviewed by James Day.

Tags: ,

From the BBC, a report about thousands of smart cars in Ann Arbor that communicate with one another even if the drivers don’t:

“If you want to find the smartest drivers in the world, you need to head for the home of the US car industry. Just outside Detroit, lies the town of Ann Arbor, Michigan. The drivers there are not any more intelligent than other parts of the world, despite it being a famed college town. However, their cars are.

That’s because the roads of Ann Arbor are now home to a fleet of several thousand cars that constantly ‘talk’ to one another. The scheme, known as the Safety Pilot Model Deployment project, offers a potential blueprint for the future of road transport. Like many projects it aims to cut congestion and make the road network more efficient. But this vision of the future is missing one thing: crashes.”

Declassified documents reveal that the Air Force worked stealthily on a flying saucer craft in the 1950s. From Sebastian Anthony at Extreme Tech:

“The aircraft, which had the code name Project 1794, was developed by the USAF and Avro Canada in the 1950s. One declassified memo, which seems to be the conclusion of initial research and prototyping, says that Project 1794 is a flying saucer capable of ;between Mach 3 and Mach 4,’ (2,300-3,000 mph) a service ceiling of over 100,000 feet (30,500m), and a range of around 1,000 nautical miles (1,150mi, 1850km).

As far as we can tell, the supersonic flying saucer would propel itself by rotating an outer disk at very high speed, taking advantage of the Coandă effect. Maneuvering would be accomplished by using small shutters on the edge of the disc (similar to ailerons on a winged aircraft). Power would be provided by jet turbines. According to the cutaway diagrams, the entire thing would even be capable of vertical takeoff and landing (VTOL).”

Tags:

My earliest childhood memory is of lying on the living room floor of my family’s home and trying to pick up Crayolas with my toes. I doubt there was a day in my life until recent years when I didn’t spend several hours holding a pen or pencil or marker (with my fingers, not toes). That’s what writers did. And there were unintended benefits: There seems to be a strong connection between penmanship and memory. Write a fact on a piece of paper and it’s much more likely you’ll recall that fact.

I can’t tell you the last time I held any writing utensil in my hand. Whether it’s doing a crossword puzzle or paying a bill or jotting down a note, a screen and keypad do the job. But I don’t fret over the change. Yes, memories and individuality are diminished in some ways in a paperless world, but I’ll accept the trade-off any day. Having crayons as a child was wonderful, but you know what else would have been great? Having access to the mountain of information that is accessible 24/7 to us all now. It’s a net win.

Not everyone agrees, however. In a Guardian essayPhilip Hensher urges the reclamation of penmanship. An excerpt:

“We have surrendered our handwriting for something more mechanical, less distinctively human, less telling about ourselves and less present in our moments of the highest happiness and the deepest emotion. Ink runs in our veins, and shows the world what we are like. The shaping of thought and written language by a pen, moved by a hand to register marks of ink on paper, has for centuries, millennia, been regarded as key to our existence as human beings. In the past, handwriting has been regarded as almost the most powerful sign of our individuality. In 1847, in an American case, a witness testified without hesitation that a signature was genuine, though he had not seen an example of the handwriting for 63 years: the court accepted his testimony.

Handwriting is what registers our individuality, and the mark which our culture has made on us. It has been seen as the unknowing key to our souls and our innermost nature. It has been regarded as a sign of our health as a society, of our intelligence, and as an object of simplicity, grace, fantasy and beauty in its own right. Yet at some point, the ordinary pleasures and dignity of handwriting are going to be replaced permanently.” (Thanks Browser.)

Tags:

“It’s kind of embarrassing to me.”

Husband Wants Me to do it….

We have not explained the “facts of life” to our young teenage son yet, and my husband says he can’t get involved in doing this. Says I must do it alone. How do I, a middle-aged mother talk to my 13 year old son about sex, masturbation, std’s, pregnancy, birth control, etc? It’s kind of embarrassing to me.

Serena

From Marek Kohn’s excellent Aeon essay about long-range planning, a passage about how the present might fall into ruin if we weren’t convinced of a future:

“How can you care about something you can’t imagine? For all but the most rigorous moral philosophers, caring requires more than a logical reckoning of duty. People need visions of things they feel attached to, or find beautiful, or moving. They have to be able to imagine a future the failure of which to materialise would feel like a loss. Points on the horizon that help people to see something in the far future may help them feel connected to it. They may also encourage people to believe that there actually will be a future.

After you have systematically cleared the horizon of time and it has faded to white, imagine what is likely to happen if you let someone else get their hands on your vacant landscape. Like as not, they will strew apocalypse all over it: ruins, mutants, scattered bands armed against each other. People seem irresistibly drawn to the end of the world — but if they catch glimpses of a future in which spiritual edifices or ancient documents endure, they might be more inclined to help secure it, and less inclined towards nihilistic fantasy.

They don’t have to have a view of the far horizon in order to factor the distant future’s interests into their actions. The interests of their children and grandchildren will be more alive in their minds: serving them may well serve those of more distant generations, too. But at this possibly critical moment, when our imaginative sympathies need all the help they can get, it’s worth trying to focus a 1,000-year stare.”

Tags:

If the apartment house I grew up in had a fire escape like the tube model displayed in this 1924 image taken by the Cheyenne River Agency, I may have become an arsonist just for the excuse to go for a spin. The record connected to it at the National Archives and Records Administration has only a simple description:

“Drops from second story of brick building; small child is sitting in the end of the tube.”

Catskills maître d’hôtel Irving Cohen was a matchless matchmaker, and Margalit Fox of the New York Times is a dynamite writer. So it’s no surprise that the passing of the former turned into a great obituary in the care of the latter. An excerpt:

“By all accounts the borscht belt’s longest-serving maître d’hôtel, Mr. Cohen worked at the Concord, in Kiamesha Lake, N.Y., from his early 20s until he was in his early 80s. He would have worked there longer, he said, had the hotel not closed in 1998.

Officially, Mr. Cohen presided over three meals a day in the vast kosher empire that was the Concord dining room, helping thousands of patrons navigate its towering shoals of gefilte fish, pot roast, potato pudding and a great deal else.

Unofficially (though only just), he was the matchmaker for a horde of hopefuls, who flocked to the Catskills ostensibly for shuffleboard and Sammy Davis Jr. but in actuality to eat, drink, marry and be fruitful and multiply, generally in that order.

Thanks to Mr. Cohen, many did. In the 1940s, he paired the Concord’s original clientele. In the ’60s, he paired their children. And in the ’80s, he paired their children’s children. It is no exaggeration, Bob Cohen said Tuesday, to say that thousands of marriages resulted from his father’s sharp-eyed ministrations.

And thus, simply by doing his job — which combined Holmesian deductive skill with Postian etiquette and a touch of cryptographic cloak and dagger — Mr. Cohen single-handedly helped perpetuate a branch of American Jewry.”

Tags: ,

From the July 9, 1875 Brooklyn Daily Eagle:

“An insane man was found wandering about the thoroughfare in the Twelfth Precinct yesterday evening by Officer Bedell who took him into custody. When in the station house he insisted upon lecturing the Sergeant upon the condition of his soul, and told him that he was ‘eternally damned.’ He said that his name was Jesus Christ, that he never had any other name, that he was born in Connecticut, was an Irishman, twenty-eight years old and a baker by trade. The Sergeant said the man was not ugly at all but decidedly crazy on religious matters.”

Tags:

“We are entranced with our emotions, which are so easily observed in others and ourselves.” (Image by Kantele.)

Times of great ignorance are petri dishes for all manner of ridiculous myths, but, as we’ve learned, so are times of great information. The more things can be explained, the more we want things beyond explanation. And maybe for some people, it’s a need rather than a want. The opening of “Music, Mind and Meaning,” Marvin Minsky’s 1981 Computer Music Journal essay:

“Why do we like music? Our culture immerses us in it for hours each day, and everyone knows how it touches our emotions, but few think of how music touches other kinds of thought. It is astonishing how little curiosity we have about so pervasive an ‘environmental’ influence. What might we discover if we were to study musical thinking?

Have we the tools for such work? Years ago, when science still feared meaning, the new field of research called ‘Artificial Intelligence’ started to supply new ideas about ‘representation of knowledge’ that I’ll use here. Are such ideas too alien for anything so subjective and irrational, aesthetic, and emotional as music? Not at all. I think the problems are the same and those distinctions wrongly drawn: only the surface of reason is rational. I don’t mean that understanding emotion is easy, only that understanding reason is probably harder. Our culture has a universal myth in which we see emotion as more complex and obscure than intellect. Indeed, emotion might be ‘deeper’ in some sense of prior evolution, but this need not make it harder to understand; in fact, I think today we actually know much more about emotion than about reason.

Certainly we know a bit about the obvious processes of reason–the ways we organize and represent ideas we get. But whence come those ideas that so conveniently fill these envelopes of order? A poverty of language shows how little this concerns us: we ‘get’ ideas; they ‘come’ to us; we are ‘re-minded of’ them. I think this shows that ideas come from processes obscured from us and with which our surface thoughts are almost uninvolved. Instead, we are entranced with our emotions, which are so easily observed in others and ourselves. Perhaps the myth persists because emotions, by their nature, draw attention, while the processes of reason (much more intricate and delicate) must be private and work best alone.

The old distinctions among emotion, reason, and aesthetics are like the earth, air, and fire of an ancient alchemy. We will need much better concepts than these for a working psychic chemistry.

Much of what we now know of the mind emerged in this century from other subjects once considered just as personal and inaccessible but which were explored, for example, by Freud in his work on adults’ dreams and jokes, and by Piaget in his work on children’s thought and play. Why did such work have to wait for modern times? Before that, children seemed too childish and humor much too humorous for science to take them seriously.

Why do we like music? We all are reluctant, with regard to music and art, to examine our sources of pleasure or strength. In part we fear success itself– we fear that understanding might spoil enjoyment. Rightly so: art often loses power when its psychological roots are exposed. No matter; when this happens we will go on, as always, to seek more robust illusions!”

Tags:

Technologists knew for the longest time that the world was going to be much more connected, that we would become a global hive. But what form would it take? Before Apple perfected ideas hatched at Xerox and brought them to the marketplace, a lot of people believed that television would be the medium that would unite us (with help from a phone connection, of course). TVs were already in every home, so even though it never came to pass, it made some sense.

From Bell Labs, a 1979 look at TVs and PCs connecting us:

“I am deathly afraid of fire escapes.”

help me life or death (bronx)

I am in desperate need of help right now of either money to get a lie detector test or if someone has the ability to give someone a lie detector test that would be better. I’m 60 years old and for almost a year have been mentally tortured, called fu….. thief on the street, spit at and more. I am NOT a thief, never stolen anything from anyone. My neighbor is spreading this lie through the whole neighborhood and I am shunned by people I’ve known for almost 20 years. I am a very private person and don’t hang out in peoples homes and no one hangs here. This thing that’s going on is ruining my life. I don’t go outside, don’t go anywhere. This issue is 6,000 thats a lot of money. She never called the cops only blamed me. There is much more to this story.I am desperate and it’s hard for me to ask anyone for any kind of help, but I need this to clear my name and then move. I am innocent. I don’t even know any of the facts concerning this except she left the money on a window sill on the fire escape I guess cause thats the only way anyone could have taken it. I am deathly afraid of fire escapes.

The opening of David Barash’s New York Times piece about how parasites can manipulate the behavior of their hosts, whether that host is a bee or a human:

“ZOMBIE bees?

That’s right: zombie bees. First reported in California in 2008, these stranger-than-fiction creatures have spread to North Dakota and, just recently, to my home in Washington State.

Of course, they’re not really zombies, although they act disquietingly like them, showing abnormal behavior like flying at night (almost unheard-of in healthy bees), moving erratically and then dying. These ‘zombees’ are victims of a parasitic fly, Apocephalus borealis. The fly lays eggs within honeybees, inducing their hosts to make a nocturnal ‘flight of the living dead,’ after which the larval flies emerge, having consumed the bee from the inside out.

These events, although bizarre, aren’t all that unusual in the animal world. Many fly and wasp species lay their eggs inside hosts. What is especially interesting, and a bit more unusual, is the way an internal parasite not only feeds on its host, but also frequently alters its behavior, in a way that favors the continued survival and reproduction of the parasite.

Not all internal parasites kill their hosts, of course: pretty much every multicellular animal is home to numerous fellow travelers, each of which has its own agenda, which in some cases involves influencing, or taking control of, part or all of the body in which they temporarily reside.”

Tags:

Braniff was fashion forward but not so progressive socially in the 1960s.

“Jones is likely to introduce one of his favorite pets to spoil your affability.”

A Wyoming man with a facility for snake charming was the subject of a profile in the Denver Post, which was reprinted in the November 28, 1897 Brooklyn Daily Eagle. An excerpt:

“Charles T. Jones, hunter, miner and prospector, is a well known character of Central Wyoming. A queer specimen of genius, endowed with the rare faculty of a snake charmer, whose psychic influence can subdue the vicious and deadly reptile whose namesake he bears, Rattlesnake Jones is one to be avoided during snake season. Whether riding along the highway or eating a quiet meal, Jones is likely at any moment to introduce one of his favorite pets to spoil your affability. He eats with them, sleeps with them, and they are his constant companions on his long journeys through the mountains.

While on a hunting expedition one season, Jones’ fondness for snakes compelled the entire party to vacate camp one morning before breakfast when every man in the outfit found a snake in his boot. The spasmodic gesticulations indulged in resembled a savage war dance. Not a man knew but every snake was a boa constrictor licking his chops for human gore, and no one had the curiosity to investigate at that particular moment. Being tenderfeet, they were unacquainted with Jones’ serpentine propensities, and order was not restored until he appeared on the scene, captured the snakes and conveyed them affectionately to his bosom, after which he proceeded to breakfast. Occasionally a viper protruded his ominous looking head from Jones’ shirt front or sleeve, to flash his long tongue in keen anticipation of a venison steak. It is needless to say Jones and his pets held high carnival that morning.

On another occasion Jones rode into a mining camp with fifteen rattlesnakes about him–with their fangs out, of course–but none less inviting in appearance. The presence of these unwelcome visitors created a panic among the miners, who were enjoying a half holiday and a keg of beer, and it was probably difficult to discriminate between the genuine snake and the product of Bacchus. 

Rattlesnake Jones is a man of medium height, with small gray eyes and wears long hair in true Western style. He invariably carries a six shooter and hunting knife and spends his life hunting and prospecting over the Rocky Mountains. He is very reserved and his extreme modesty is at once appreciated as a virtue rarely met with in old time celebrities who are inclined to be somewhat impressive in speaking of their past records. By dint of much persuasion, however, I induced Jones to tell me of his first experience in handling snakes.

“Before breakfast every man in the outfit found a snake in his boot.”

‘Well,’ he began, ‘I was always monkeying with something out of ordinary from the time I was a boy, and snakes were my earliest associates. But my first experience with the rattlers was in the Indian Territory in the early ’70s, while living among the Indians. I was then about 20 years of age. The different tribes were continually at war, either among themselves or combined against the whites. One day while out hunting with a small band of friendly Indians, a hostile party of three times our number surrounded us, killed all my companions and took me captive. Not knowing what my fate would be, I took chances to escape on the third night of my captivity. I made good speed till daylight, when I found a small cave near the head of a creek in which I crawled to hide till night came again. It was a very dark, filthy place and while endeavoring to make myself comfortable for the day I heard the warning hiss of a rattlesnake at my elbow. I immediately recoiled, but before I could get out of the way I was stung on the back of the neck. How to kill the poison was a question. I was not contortionist enough to suck it from the wound and knew not what to do. The country was full of hostile Indians. I endeavored to find a weed recommended for the cure of snake bite but it failed. All day the poison increased and by night my head was larger than a keg. Some time during the night I became delirious and nearly as I can calculate I did not regain my senses for twelve days.

When I became conscious I found myself naked as when I first came on Earth and I was almost buried in mud. In my delirium I had torn off all of my clothing and was without shoes even. The first thing that attracted my attention when I awoke was the rattle of a snake, weak as I was. We came out of that hole together somewhat ghostly looking but strong friends. In my nudity and accompanied by Mr. Snake, I overawed the Indians who regarded me in astonishment as being from the other world. My demands were granted with meek obedience, for which I owe a debt of gratitude never to be forgotten.’

Beside his love for rattlesnakes Jones has a fad for collecting curios. Mounted animals, horns, hides, tusks, etc., adorn his hermitage in promiscuous array.”

Tags: ,

From the November 22, 1901 Brooklyn Daily Eagle:

Glen Cove, Long Island–Edward Albertson died yesterday from strangulation. He was ill with tonsillitis, and was gargling his throat when he choked, and, failing to get relief, was strangled to death. He leaves a widow and six children.”

Tags:

The best and brightest people I’ve met in my life haven’t been the most successful ones. America doesn’t work that way now. It probably never did, but it seems to be getting worse. What people believe to be a promise has become, at best, a lottery ticket.

I watched Carly Fiorina on TV the other day extolling Mitt Romney’s great command of facts and figures at the first Presidential debate. Like, say, his assertion that half of the clean tech companies that the President invested stimulus money in had gone belly up. Except that isn’t close to the truth. From what I can gather, more than 90% of those companies have thus far been successful. That’s an amazing rate. Far better than Romney’s record at Bain and far, far better than Fiorina’s lousy tenure at Hewlett-Packard. I’m all for inventors and creators and builders making good, but you have to question a system that so richly rewards an executive like Fiorina, who contributes little, or Romney, who doesn’t acknowledge he had a huge advantage in a very uneven playing field because of family money and connections. The disconnect between such people and most Americans is enormous.

Economist Joseph Stiglitz has been calling bullshit on the situation for some time now. From a recent Q&A with him at Spiegel

Spiegel: 

The US has always thought of itself as a land of opportunity where people can go from rags to riches. What has become of the American dream?

Stiglitz:

This belief is still powerful, but the American dream has become a myth. The life chances of a young US citizen are more dependent on the income and education of his parents than in any other advanced industrial country for which there is data. The belief in the American dream is reinforced by anecdotes, by dramatic examples of individuals who have made it from the bottom to the top — but what matters most are an individual’s life chances. The belief in the American dream is not supported by the data.

Spiegel: 

What do the numbers suggest?

Stiglitz:

There has been no improvement in well-being for the typical American family for 20 years. On the other side, the top one percent of the population gets 40 percent more in one week than the bottom fifth receive in a full year. In short, we have become a divided society. America has created a marvelous economic machine, but most of the benefits have gone to the top.”

Tags: , ,

“We are going to be living in a world with tablets or flat screen computers on the walls in our bedrooms and kitchens.” (Image by Vergel Bradford.)

Let’s hope there’s an OFF switch when we are surrounded by screens and sensors that want to assist us without any prompting. It will be wonderful and it will be terrible. From Ben Popper at the Verge:

It’s rare to meet a startup that is focused on building a business for a world which does not yet exist. But Expect Labs, which today announced a $2.4 million round of funding from Google Ventures and Greylock Partners, is doing just that. The company is creating a system that listens and understands human conversation, then suggests relevant information without being prompted. ‘As the price of hardware falls, we are going to be living in a world with tablets or flat screen computers on the walls in our bedrooms and kitchens,’ says Expect Labs founder Timothy Tuttle. ‘These machines are going to listen to everything you say and be able to assist you with the right song, map or recipe, without you even having to ask.'”

Tags: ,

“We are only interested in short term commercial loans offering a high interest rate so we can expand our operation.”

I have a problem can you help me? – buds (Financial District)

In 2012 marijuana prohibition may be coming to an end. In the United States of America there are currently 17 states (plus Washington DC) who have developed legislation legalizing marijuana for medical use. There is even a court case scheduled to begin on Oct 16 (ASA VS DEA) where it is possible the US Federal Government may be forced to change the classification of marijuana from schedule I to II or III which will immediately end the seventy year war against the plant. We are seeking lenders. If you can offer $5000 to $350,000 in the form of a commercial loan we will pay that loan at a fixed interest rate of 10% to 30%. So, do you have a minute? 

This is a little long but it’s imporant that you get the big picture about this new industry in America. Well, truth be told it is not really ‘new’. In fact, it was a major and highly profitable industry for a long time up until about a hundred years ago until a guy named Harry Anslinger came along. 

It seems Harry didn’t like jazz and he also didn’t like immigrant workers from south of the border. So old Harry realized that people from Mexico had a little habit of smoking the wacky weed which is from the “flower” of a hemp plant. Down in New Orleans the jazz musicians were starting to partake and the big old fat man, well.. he decided the SMART thing to do would be to lock up all those people who smoked cannabis. So Harry and his friends got together and they formed the “Bureau of Prohibition” which was an office within the Federal Government from 1920 to 1930 until it was rolled into the Dept of Justice. Harry’s actual title was “Prohibition Commissioner” in the bureau. He died in 1975 and we are just now beginning to learn that his motives may have been less than honorable. At the very least we know the plant certainly does not cause the great harm he said it did and it is far less toxic than alcohol.

In Colorado we have a chance to make good money providing medical marijuana to patients who need it, but we have a big problem.

Until the Federal Government reschedules Cannabis from Schedule I to Schedule II or III there will be issues that arise regarding how to govern marijuana and exactly what individual states can and cannot do. Banks all work under the purview of the Federal Reserve and the Federal Deposit and Insurance Corp (FDIC). These entities oversee all aspects of banking and as a part of their rules they force the banks to report activities that are suspicious. Medical marijuana is suspicious at the Federal level no matter what the individual states rules are and as a result all banks REFUSE to accept accounts from medical marijuana dispensaries even when the dispensary is completely compliant with all local and state rules. In 2011 Attorney General Holder said that he could find no reason medical marijuana centers should not be able to make deposits just like any other business, but the banking industry has not yet caught up to the Department of Justice stance on state legal dispensaries. ((Search the internet for “banks refuse dispensaries” or “credit cards refuse dispensaries”))

We have an exciting opportunity in Colorado, the only place where cannabis can be sold for-profit in the world. The industry is HIGHLY profitable with gross profit margins well north of 70%. We are currently interested in borrowing $350,000 US in the short term toward a large production facility south of Denver whose build-out will run nearly $2,000,000 US over the course of the next few years. 

We are not seeking partners, or investors. We are only interested in short term commercial loans offering a high interest rate so we can expand our operation. So we need good hearted citizens who are willing to step in where the banks will not. Do it because you have a loved one who is helped by medical marijuana or do it because you want to make a decent return, just do it! 

If you can offer $5000 to $350,000 in the form of a commercial loan we will pay back that loan at a high fixed interest rate of 10% to 30%.

  • If you lend us:$ 5000 We will pay you $ 648.66 per month for 8 months (10.0%)
  • If you lend us:$ 10000 We will pay you $ 1309.30 per month for 8 months (12.5%)
  • If you lend us:$ 25000 We will pay you $ 3303.33 per month for 8 months (15.0%)
  • If you lend us:$ 50000 We will pay you $ 6667.08 per month for 8 months (17.5%)
  • If you lend us:$100000 We will pay you $13455.57 per month for 8 months (20.0%)

or if you prefer a balloon:

  • If you lend:$ 25000 We will pay you $ 521.14 per month for 8 months + $ 24,997.36 (25.0%)
  • If you lend:$ 50000 We will pay you $1,146.16 per month for 8 months + $ 49,997.17 (27.5%)
  • If you lend:$100000 We will pay you $2,500.34 per month for 8 months + $ 99,997.03 (30.0%)
  • If you lend:$250000 We will pay you $7,291.90 per month for 8 months + $249,997.93 (35.0%)

(Usury rate in Colorado is 40%)

To be clear, this is not an offer to sell a security, this is an offer for a commercial loan which is partly secured against lights, ballasts, computer equipment, air conditioning systems, water conditioning systems, carbon dioxide emission systems, and other related equipment we need to operate and expand our production capabilities. 

You will not be sharing any profits we generate as that is illegal by state law. 

Loaning us money grants you no voting rights nor do you have any say in our day to day operations. This is a simple commercial equipment loan request at a fixed interest rate for a short term (9 or fewer months).Contact me at the above email if you would like to lend us money or learn more about our state legal for-profit business.

For a guy who grew up in Michigan, Mitt Romney sure hates auto manufacturers. He would have killed off Detroit, and now he uses Elon’s Musk’s Tesla Motors as a curse word. Anyone who is rooting against Tesla for political or other reasons–an American company that provides really good jobs and a cleaner future–is dead wrong. I assumed Musk would push back after last night’s debate and recent negative news stories about his electric car company. From his new release:

“Most importantly, what did not come across well was that we raised the funds simply for risk reduction. Barring any disasters internally or with suppliers, Tesla is actually on the verge of becoming cash flow positive and will not have to spend any of the money raised, at least until we embark upon a major new vehicle program. In the public call with investors, I tried to make this point, but perhaps should have emphasized it more: we expect Tesla to become cash flow positive at the end of next month.

However, given that we do have a global supply chain and that floods, fires, hurricanes or earthquakes can cause supply chain interruptions and halt production, we thought it would make sense to raise capital to protect against such an event. In fact, an important consideration in doing this financing round was that we went through just such a crisis recently with a supplier that had a flood in their factory. This caused a shortfall in shipments and delayed production until we could find another solution.

As for the reduced vehicle delivery guidance in Q3 and Q4 of this year, it is unfortunate that we are at the steepest portion of our production ramp. This gives the appearance of being much further behind than we actually are. Our production rate in the last week of September was roughly 100 vehicles, four times greater than our production in the first week of September as we overcame supply constraints. If the calendar were simply shifted a few weeks to the right, Tesla would have exceeded the 500 vehicle delivery target for the third quarter. In fact, I am pleased to report that we completed production of 359 vehicles last quarter (delivering over 250 of those to customers) and have already made our 500th vehicle body. While we are indeed a few weeks later than we would like, this is perhaps not a terrible outcome for a product as advanced and complex as the Model S, particularly given that Tesla is doing manufacturing of full vehicles for the first time with a new team and new suppliers.”

Tags: ,

« Older entries § Newer entries »