Nikola Tesla: The vision of free energy for human kind

If profit-focused, JP Morgan had not backed out of his financing commitments for Tesla’s vision of “free” power for all, the world would no doubt be much further ahead in sustainable, clean energy production today. Or did Tesla himself quash his own project? If it had proceeded, think the US would still be investing life and limb to control oil interests in the Middle East?

Nikola Tesla (10 July 1856 7 January 1943) was an inventor and a mechanical and electrical engineer. He is frequently cited as one of the most important contributors to the birth of commercial electricity and is best known for his many revolutionary developments in the field of electromagnetism in the late 19th and early 20th centuries. Tesla’s patents and theoretical work formed the basis of modern alternating current (AC) electric power systems, including the polyphase system of electrical distribution and the AC motor, with which he helped usher in the Second Industrial Revolution.

See: The Missing Secrets of Nikola Tesla

Also see Tesla: The Untold Story.  Here is a direct link.

 

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Jeffery Sachs details “mountain of criminal and fraudulent behaviour” in finance today

This is an excellent summary of where we are at. And yes it can seem hopeless to fix. But we must nonetheless.

“Since 2008, the United States has missed out on over $4 trillion in National Income from unemployed workers and capital due to insufficient demand. Meanwhile, inequality and corruption is skyrocketing in our country.

This is a wonderful speech about corruption in the United States: from Washington DC and Wall Street, including the entire financial/banking system.

This video is being posted only for educational purposes and to have this important viewpoint as public record.

From the event at the Philadelphia Fed on April 17th, 2013 (04/17/2013) conference segment “Fixing the Banking System for Good”.

“The amount of utter criminality and financial fraud is absolutely enormous and its almost daily.” Here is a direct link.

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Groovy Tuesdays

The S&P 500 has now clocked a truly incredible 20% rally over the past 6 months. Particularly striking since the global economy and corporate revenues have been declining throughout. There are few skeptics left it seems, but for anyone who is at all concerned about support or sustainability of rocket high stock prices, here is a chart worth considering. More than 50% of the market gains since November have come on Tuesdays each week. See: This is your S&P; this is your S&P without Tuesdays

Indeed without Tuesday price gains each week, the S&P would be flat year to date since January.

Groovy Tuesdays indeed! Ah yes the incredible Tuesday effect, I remember learning all about this naturally recurring phenomenon in my market dynamics studies and investment text books. Sure, perfectly natural. No whacky computer trading at work here at all.  Solid investment climate….all good; why question–all on board.

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