A Town in New York Creates Its Own Department Store THE residents of Saranac Lake, a picturesque town in the Adirondacks, are a hardy lot — they have to be to withstand winter temperatures that can drop to 30 below zero. But since the local Ames department store went out of business in 2002 — a victim of its corporate parent’s bankruptcy — residents have had to drive to Plattsburgh, 50 miles away, to buy basics like underwear or bed linens. And that was simply too much. So when came knocking, some here welcomed it. It’s a situation familiar to many communities these days. It took nearly five years — the added to the challenge — but the organizers reached their $500,000 goal last spring. The 4,000-square-foot space was not completely renovated — a home goods section will be ready for the grand opening on Nov. 19 — but shoppers seemed pleased with the mix of apparel, bedding and craft supplies for sale. “Ooh, that’s nice,” said Pat Brown, as she held up a slim black skirt (price: $29.99). “It’s been a long process for all of us.
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An Ingenious Way to Financially Bootstrap a Resilient Community Here's Marcin, a farmer scientist (not many left). In this video (click the link above if you can't see it embedded below), Marcin used Kicksarter to ask for $40,000 in support of his global village construction set project. Fortunately, he was successful and raised over $63,000. If you haven't heard of it before, the construction set project is a do-it-yourself lab/facility based on Marcin's farm in Mayesville Missouri. This project shows that it is possible to get meaningful funding for projects that matter. Is this a Backdoor Way to Financially Bootstrap a Resilient Community? I've featured Marcin's work on Global Guerrillas many times before, as a great example of open source innovation in hardware. With the addition of a fabrication facility and living units, this project is starting to sound like something even more ambitious. I'm not saying that Marcin's approach to building a resilient community is the only way, the best way, or the one I would choose.
Tim : Interesting comic illumina... Cool Infographics - Blog Fiat Currency Failure Means: ‘In Gold We Trust’ (NYSEArca:UUP, NYSEArca:UDN, NYSEArca:GDXJ, NYSEArca:GLD, NYSEArca:SLV, NYSEArca:GDX, NYSEArca:SGOL, NYSEArca:IAU Kevin Kerr: No matter where you live or travel — America, Europe, Asia, South America, China, etc. — you use fiat currency, at least in one form or another. Paper money (whose value is dependent on governments and not tied to any fixed standard such as gold) is just a fact of life. Our wealth and financial health are determined by the amount of money in our investments, bank accounts and other holdings. But the influence goes beyond a government’s regulations, laws or other decrees. That is, they are subject to the daily fluctuations and whims of the currency markets. We’ll talk about how to best protect yourself from the unavoidable dangers of fiat money in just a moment. Graveyard of Currencies You might have become very nervous watching your personal holdings evaporate as the underlying fiat currency — whether it’s the euro, U.S. dollar, yen, pound, franc or most others — loses value. A study you might find intriguing was done on 775 fiat currencies by DollarDaze.org. Sound familiar?
Planet confirmed that could have water Kepler-22b is the first confirmed planet in the “habitable zone,” the area around a star where a planet could exist with liquid water on its surface, that has been discovered by NASA’s Kepler mission. The planet’s radius is about 2.4 times that of the Earth. It is located about 600 light years away. Its orbital period is shorter than that of the Earth: a "year" on Kepler-22b is 290 days instead of 365. There were two other planets confirmed this year by other projects in the habitable zone, but their stars are much cooler than our Sun, and their orbits are more like that of Venus or Mars, scientists say. Kepler-22b is 15% closer to its star than we are to the Sun. "If the greenhouse warming were similar on this planet and had a surface, its surface temperature would be something like 72 Fahrenheit, a very pleasant temperature here on Earth." Share your thoughts about searching for life on other planets The warmer a planet, the more evaporation of water there would be, Borucki said.
Fair Housing Advocates Bristle At Banks' Proposals For Foreclosed Homes Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and investment companies have submitted proposals to the federal government, suggesting ways that they can help manage a program to rent out 180,000 foreclosed homes. Fair and affordable housing advocates are calling on the Obama administration to reject help from the financial sector, or at least limit its influence. "It's really a question of whether the banks that made so much money creating this crisis are going to profit again," Jeremy Rosen, policy director at the National Law Center on Homelessness and Poverty, told The Huffington Post. More than 4,000 companies, organizations and individuals submitted ideas to the federal government this fall, Bloomberg reported. The National Law Center on Homelessness and Poverty also registered its suggestions, Rosen said. "Let's just say their track record isn't good," Goldberg said.
GOLD News and Views 09-Apr (USAGOLD) — Gold slipped back to the $1300 zone, weighed by a firmer dollar and a rebound in U.S. equities. The market is also awaiting the release of the minutes from the March 18-19 FOMC meeting, at 2:00ET today. There is expected to broad unanimity reflected in the minutes, as the March meeting was the first presided over by new Fed chair Janet Yellen. However, while there was a consensus on policy, The Wall Street Journal’s Jon Hilsenrath points out that Fed officials are unclear on why they agreed on rate strategy. “[I]t is striking that on such an important issue the Fed doesn’t have a consistent explanation for why,” writes Hilsenrath. An article in The Economist this week posits that central banks may now be financing governments on a permanent basis. That’s not the basis for QE cited by the central banks! The Economist makes the point that QE “makes democratic leaders less accountable.” And what of that $17 trillion+ in debt, if rates are allowed to revert to the mean?
Watch flying robots build a 6-meter tower A quadrotor just before a precision landing on a brick (credit: Markus Waibel/ETH Zurich) ETH Zurich roboticists and architects used a fleet of quadcopters to build a 6 meter (20 feet) twisting tower out of 1500 foam bricks, IEEE Spectrum Automaton reports. The ceiling of the room where the assembly is taking place was equipped with a motion-capture system. A computer uses the vision data to keep track of the quadcopters and tell them where to go. First, the robots grab foam bricks from a special brick dispenser on the ground.
The Communist Daily