STUFF

Last weekend we had our 57th annual meeting of the Bilderbergers.

Google's patented concentrated solar tech uses cameras and computers in the central tower to adjust the mirrors robotically for plant optimization. Sometimes, folks, the simplest of ideas are as elegant as the most complex.

Since the '06 peak, homeowners' equity is down from $14.7T to $6.9T. Lower than at the end of '99. Households also lost ~$2T in the market last 5 yrs. Tell me about it. And, not to forget, labor's share of national income is now at the lowest point in almost 100 yrs. What does that tell you?

An albino rabbit was born without ears near Fukushima recently. And dosimeters will be issued to 34k students in the fall. Welcome back to school, kids.

Only 13% of small biz owners in May said they planned to hire workers in next 3 months. Those planning to reduce workers rose to 8%. 23% said sales were higher in last 3 months, 36% said they were lower.

When Dimon (Goldman) last week asked, Bernanke admitted NO ONE had studied the cost of compliance with the new financial regs out of Dodd-Frank. Tuesday the Commodity Futures Trading Commission delayed until year-end implementation of rules covering derivatives. They were to take effect this 16th.

OPEC produced 200kb/d more - over 29mb/d - in May v. April, most gain from Sauds. Sure didn't cover loss from Libya. Way.

DOE yesterday announced almost $2B more in loan guarantees to 2 concentrating solar projects. $1.2B to Abengoa's Mojave project. $682M to Next Era Energy Resources' project in Riverside County CA. Power from both to be sold to PG&E.

Scientists discovered oldest black holes ever in space. Could be a joke in there. I'll let Woopy handle it. And there's missing sunspot activity.

Out, pards. Keep the trails good.