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Friday, February 10, 2012

The Hickory Hound's New Media Bibliography


 Citizen Free Press - Economic, Cultural, and Social News Links

Trends Research Institute - The Trends Journal - Economic, Cultural, and Social Forecasting

Paul Craig Roberts.org - Economic, Cultural, and Social Analysis

The Keiser Report - Max Keiser - Economic, Cultural, and Social Analysis

Inflection Points - Warren Pollock -  Economic, Cultural, and Social Analysis

Infowars.com - Economic, Cultural, and Social Analysis and Links

The Economic Collapse Blog -  Economic, Cultural, and Social News

The Corbett Report - James Corbett - Economic, Cultural, and Social Analysis

Shadow Government Statistics -  John Williams - Economic Analysis 

King World News - Economic Analysis

Zero Hedge  - Economic Analysis

Daily Job Cuts.com - Economic Analysis
 
The Market Ticker.org - Karl Denninger - Economic Analysis

SGT Report - Economic Analysis

SHTFPlan - Economic, Cultural, and Social News

The End of the American Dream - Economic, Cultural, and Social News

Washington's Blog -  Economic, Cultural, and Social News

Wall St. 24/7 - Economic and Financial Analysis

Breitbart - Economic, Cultural, and Social News

X22 Report -  Economic News and Analysis

USA Watchdog  - Economic Analysis

The Daily Reckoning - Economic Analysis

Wednesday, February 8, 2012

Newsletter about the City Council meeting of February 7, 2012

This newsletter is about the Hickory City Council meeting that I attended this past week. City council meetings are held on the first and third Tuesdays of each Month in the Council Chambers of the Julian Whitener building.

At right of this page under Main Information links is an Hickory's City Website link. If you click on that link, it takes you to our city’s website, at the left of the page you will see the Agenda's and Minutes link you need to click. This will give you a choice of PDF files to upcoming and previous meetings.

You will find historic Agenda and Minutes links. Agendas show what is on the docket for the meeting of that date. The Minutes is an actual summary of the proceedings of the meeting of that date.

Here is a summary of the agenda of the 2/7/2012 meeting. There were a couple of important items that were discussed at this meeting and the details are listed further below:

Please remember that pressing Ctrl and + will magnify the text and page and pressing Ctrl and - will make the text and page smaller. This will help the readability for those with smaller screens and/or eye difficulties.

Invocation by Pastor Lorraine Patterson, Morning Star First Baptist Church

Consent Agenda:
A. Transfer of Cemetery Deed from City of Hickory to Caroline R. Latorre in Oakwood Cemetery

B. Special Event Permit Application to Use Union Square for Downtown Hickory Farmers Market every Wednesday (10:00 am – 3:00 pm) and Saturday (8:00 am – 1:00 pm) beginning on Saturday, April 28, 2012 and ending October 31, 2012. They are also requesting to operate on two Saturdays in November (17th and 24th) from 10:00 am – 2:00 pm


C. Special Event Permit Application for Grave Marking Ceremony for Clinton Cilley, Recipient of the Congressional Medal of Honor (Civil War) by Catawba Valley Chapter of the North Carolina Sons of the American Revolution to be held at Oakwood Cemetery on April 28, 2012 from 10:00 am – 12:30 pm - Item pulled from agenda and postponed to a later date.

D. Special Event Permit Application for Hickory Hops by Hickory Downtown Development Association Scheduled for Saturday, April 21, 2012 to be held at Government Avenue, SW and Second Street SW from 1:00 pm – 7:00 pm

E. Special Event Permit Application for Charity Chase Half Marathon (13.1 Miles) Scheduled for Saturday, June 2, 2012 from 6:30 am to 10:30 am to Start and Finish on Main Avenue Between 3rd Street and 4th Street NW

F. Special Event Permit Application for Hickory Crawdads Valentine’s Day Party Scheduled for Saturday, February 11, 2012 from 11:00 am to 1:00 pm at L.P. Frans Stadium

G. Approve Pyrotechnic Display Permits by Hickory Crawdads for Events Held at LP Frans Stadium - The Hickory Crawdads have submitted a request to obtain permission to allow Pyro Shows Incorporated to provide fireworks after the following games held at LP Frans Stadium: April 13, May 25, June 1, 8, 22, July 4, 6, 20, August 10, 17, 2012 with specific rain dates noted. The Fire Prevention Bureau will inspect the pyrotechnics display area prior to the events to ensure compliance with all guidelines. Staff recommends approval.

H. Approve Pyrotechnic Display Permit by St. Stephens High School for Events at Catawba Valley Community College on June 9, 2012 - St. Stephens High School has submitted a request to obtain permission to allow Zambelli Fireworks Company to provide a public fireworks display at CVCC after the graduation ceremonies on June 9, 2012. The Fire Prevention Bureau will inspect the pyrotechnics display area prior to the event to ensure compliance with all guidelines. Staff recommends approval.


I. Resolution Authorizing Preparation of Assessment Rolls and Public Hearing on Preliminary Assessment Roll for Street Improvements Petition No. 01-12 (Curb and Gutter). A petition was submitted on August 23, 2011, approved by City Council on October 4, 2011, and the project was completed on December 19, 2011. (Authorize Public Hearing for February 21, 2012)

J. Change Order No. 7 to Contract with Pizzagalli Construction Company in the Amount of $28,127.00 for the Northeast Wastewater Treatment Plant (NEWWTP) Upgrade Project - The NEWWTP Upgrade Project was initiated in July, 2010 at a cost of $21,569,382.50 for a complete upgrade of the facility. The current contract amount for this project is $22,095,295.50 which includes previously approved Change Orders Nos. 1 – 6. This project was established with a contingency fund in order to address unforeseen expenses that may arise, and Change Order No. 7 consists of 11 items related to unanticipated conditions that have arisen during construction and one item that is recommended for inclusion with the project that was eliminated during the plan modifications. The single largest item that is included in this change order is $9,694.00 for replacement of the balance of the existing fence line and 2 existing gates along Cloninger Mill Road. The largest of the remaining items is for $6,322.00 for removal of an existing construction debris pile that was buried during one of the previous upgrades. The revised contract total to date will be $22,123,422.50. Staff recommends approval.

K. Community Appearance Landscape Grant to Unifour Fire and Safety – Non-Residential Property Located at 1025 Tate Boulevard SE in the Amount of $2,500.00 - This non-residential property, owned by Unifour Fire and Safety, is located at 1025 Tate Boulevard SE. Prior to occupancy, the property had remained vacant for a period of time, and the existing landscaping has become overgrown and unkempt. The intention is to upgrade the landscaping. The applicant has provided two bids for the proposed improvements which total $5,000.00 and $6,200.00. Being that both bids are $5,000.00 or greater, the applicant qualifies for the full $2,500.00 grant. On January 23, 2012, the Community Appearance Commission unanimously voted to recommend funding of the requested grant in the amount of $2,500.00.


L. Consideration of Nomination of Lee and Helen George House Located at 16 9th Avenue NE to National Register of Historic Places - The Lee and Helen George House was built in 1951 and is located at 16 9th Avenue NE in the Combford Park Subdivision. The structure is owned by a trust made up of the George Family Heirs, and its historical significance stems from its embodiment of the Modernist style of architecture and the fact that this home is one of the earliest and best examples of this type of architecture in the city. The Historic Preservation Commission held a public hearing on January 24, 2012. There were several citizens present to show support for the nomination as well as other citizens interested in learning more about the property and its effects on the surrounding area. No one spoke against the nomination. The Historic Preservation Commission voted unanimously to recommend approval. The nomination is scheduled for presentation to the North Carolina National Register Advisory Committee on February 9, 2012. If approved, the Lee and Helen George House would be listed on the National Register of Historic Places. Unless the property owner wants the structure to be designated as a local landmark, the property owner will not be required to have alterations approved by the Hickory Historic Preservation Commission. Staff recommends that City Council recommend the Lee and Helen George House be placed on the National Register of Historic Places.

M. Request to Award one Hour of Vacation to Each Employee Who Voluntarily Attends a City Informational Session on Branding - This request is to award one hour of vacation time to each employee who voluntarily attends a city informational session on branding. The informational sessions are designed to educate coworkers on the branding project, its importance to the City, and the role each coworker will play in making the project a success. The opportunity to earn an hour of vacation time will provide an incentive for participation and contribute to the success of the overall project. Staff recommends approval.


N. Budget Ordinance Amendments
1. To budget $407 of miscellaneous revenue in the Fire Department Departmental Supply line item. These funds were received from Mountain Recycling, Inc. for the sale of salvaged metal from surplus Engine 14.
2. To accept and budget a $57,250 donation from the Hickory Kiwanis Foundation Inc. in the Parks and Recreation Facilities line item. This donation is for the purchase of additional playground equipment for the Zahra Baker All-Children's Playground at Kiwanis Park.
3. To reclassify the Library’s vacant Marketing & Programs Coordinator position to a Communications Specialist position and move this position to the Communications Department. This budget amendment moves the funds required to fill this position for the remainder of FY11-12.
4. To appropriate $65,100 of General Fund Balance to the Airport Professional Services line item for legal expenses related to the FBO Bankruptcy. $55,100 is allocated to cover the current expenses incurred to-date this year. An additional $10,000 is to provide funds for anticipated legal expenses for the remainder of this fiscal year related to the bankruptcy.
5. To transfer $60,000 of Water and Sewer Contingency to the Water and Sewer Maintenance and Repair of Buildings line item. This transfer is needed to pay for painting two multi-color "Hickory" logos on 4 Water Tanks (F Avenue, 1st Avenue, 9th Avenue and Mountain View).
6. To transfer $57,241 of Hickory District Court revenues in excess of Hickory District Court expenditures in FY10-11 from the General Fund to the District Court Capital Reserve Fund.

O. Grant Project Ordinance
1. To budget a 2011 Urgent Repair Program Grant awarded to the City of Hickory by the North Carolina Housing Finance Agency in the amount of $37,500 with a local required match of $3,750. The required match is provided by the 1992 Consortium HOME Program.



New Business - Public Hearings

1. Resolution and Order for Petition of James Clayton Neill, Manager, Hollar Hosiery Investments LLC to Close a Portion of Highland Avenue SE - On November 28, 2011, James Clayton Neill, Manager, Hollar Hosiery Investments LLC submitted a petition to close a portion of Highland Avenue SE. This area used to be part of Highland Avenue SE, but during the reconstruction of LR Blvd. and the realignment of Highland Avenue SE tie into LR Blvd., the road over this area requested to be closed was relocated and the old roadway removed. This portion of right-of-way is no longer necessary for public use, and it appears that the closing is not contrary to public interest. Public Services Staff stated that the access to water and sewer infrastructure in the area shall remain unabated. This would allow parking and landscaping over the easement area, but no buildings or structures. It is recommended that the City retain a 25’ easement for any existing water and sewer utilities which will cover maintenance and any future replacements. This public hearing was advertised in a newspaper having general circulation in the Hickory area on January 6, 13, 20 and 27, 2012. Chuck Hanson presentation. Council unanimously consented.


New Business - Departmental Reports:

1. Approve Vacant Building Revitalization and Demolition Grant Performance Agreement with Hollar Hosiery Investments, LLC in the amount of $30,000 - The Vacant Building Revitalization and Demolition Grant program provides grant funding up to $30,000 for projects to renovate and rehabilitate vacant buildings within the Urban Revitalization Area. Hollar Hosiery Investments, LLC has applied for the grant to assist in the renovation of the former Hollar Hosiery Mill located at 883 Highland Avenue SE. The applicant plans to renovate the facility for use by a brewery, restaurant, and event space. The balance of the building will be general retail space. Nearly $3 million will be invested in real property improvements to completely rehabilitate the historic mill building. Future tenants will also invest over $500,000 in personal property and business equipment. The Business Development Committee reviewed the application and voted to recommend approval at their January 25th meeting. Staff recommends approval.- Dave Leonetti Presentation - The Mayor asked about the disbursement of the grant monies. Mr. Leonetti stated that the funds, which are essentially a forgivable loan, will be disbursed $10,000 each year in 2014, 2015, and 2016 as long the building remains occupied. Alderman Guess stated that he is especially excited about the proposed event space. The Mayor stated that he is especially excited about this project being located near Lenoir-Rhyne, which has done a miraculous job updating their facilities and beautifying that area.





The Hound obviously thinks this is a good investment and is something that is much needed. This is exactly what the doctor ordered. If you watch the video above you will understand that. It will be a huge upgrade for that area.




2. Presentation on the 2011 Swim Program Partnership with the Hickory Foundation YMCA - 


Mac McLeod presentation - FY 2011-2012 Parks and Recreation Commission Work Plan Objective
"Pursue local partnerships and collaborations to establish a program to provide accessibility and affordability for swimming lessons to be made available to all children residing within the City Of Hickory."

2011 Spring Break Swim Lesson Program
Tuesday, April 26th-Friday, April 29th 10:00 am K-3rd graders & 11:00 am 4th-6th graders
Offered to City of Hickory residents in grades K-6...  Registration locations: Parks & Recreation Department Administrative Office and Ridgeview Recreation Center

85 children registered for program. Average of 64 children participated each day – ( Tuesday-63/Thursday-66/ Wednesday-65/Friday-63). 17 participants requested transportation with 14 taking advantage of the service: Brown Penn Recreation Center-12 / Highland Recreation Center-2 / Neill Clark Recreation Center-0 / Westmont Recreation Center-0


2011 Summer Swim Pass Program
Partnered with Hickory Foundation YMCA to make purchase of summer swim pass more affordable for those who qualified for Y's financial aid program. City of Hickory and Hickory Foundation YMCA would provide scholarships for a summer swim pass based on financial need to City of Hickory residents

Pass valid Memorial Day until Labor Day at all three YMCA locations
Parks and Recreation's involvement was to verify residency of those participants that wanted to take advantage of the program. Verification could be done at any recreation center. A total of three requests for residency verifications forms were made with two of the forms being picked up. According to the Hickory Foundation YMCA no one took advantage of the program.

2011 Winter Break Swim Lesson Program
Tuesday, December 27th - Friday, December 30th, one class each day at 10:00 am
Offered to City of Hickory residents in grades K-6. Registrations accepted at Parks and Recreation Department Administrative office and all recreation centers


48 children registered for the program. Average of 37 participated each day (Tuesday-31 / Thursday-39 / Wednesday-38 / Friday-39). 10 participants requested transportation with 14 using the service at some point during the week: Brown Penn Recreation Center-7 / Highland Recreation Center-3 / Neill Clark Recreation Center-0 / Westmont Recreation Center-4


Program Cost (excluding staff & vehicle expense)
$740.00 = 37 participants @ $20.00 each

Parent Evaluation Comments… "Actually exceeded my expectations. I didn't expect so much out of something that I didn't have to pay for."… "My son said it was very cool and he liked the swim lessons".
"My kids had a blast. This is their second time and they loved it. The instructors are great."… "This is an awesome program. My son has learned a lot and enjoyed it very much. The teachers are great with the kids."


The Mayor asked if 4 days was enough to learn how to swim.  Mac stated that some people said that they would like more time than that, an hour is not enough, and 4 days is not enough. Alderman Meisner asked about children participating multiple times? Mr. McLeod stated that there are no restrictions, except being a resident of Hickory. Alder Patton asked if the children receive a certificate? Mac stated that they do when they complete the four days. He stated that the Y has worked with them and that it has been a trial and error experience. He stated that they can't teach full blown swim lessons in that amount of time. The goal is to get the kids in the water and get interest and excitement going. He hopes kids will come back for Spring that participated in the Winter.

The Mayor stated that he would like to see outreach towards kids who haven't quite learned how to swim and for kids to have scholarships to participate in competitive swimming, such as the Seahorses and for lifetime fitness.  He added that their wasn't much money spent and more can be spent to get kids to participate.

The Hound thinks that this definitely shows that there is an interest in Aquatic Recreation.  That is embarrassing. Even, if the City is working to create these initiatives, there hasn't been a streamlined process to promote this activity and make it easily accessible. How many people in the community even know about these programs? How many know about that pass? And exactly what is the cost, so that we can understand whether it is prohibitive or not.

But even with the impediments towards participation, you see that 48 children participated in the winter program and 85 participated in last Summer's program. That is significantly more interest than what was touted by the Council when they shut down the pools two years ago. If the program were coordinated through marketing, then I think you easily double those numbers and that is being conservative. So this information hand polished and delivered to the Council shows that they were way off base when they said that swimming as an activity is passe.

I appreciate what the Mayor says about kids learning to swim, but let's be honest, where are they going to swim... and is this really only one hour? And though the details are very much incomplete, it seems that the math is that they are charging $5 for kids to swim for one hour. $20 for 4 days and they are in the water for one hour according to the dialogue I was listening to. If that is correct, then that is robbery.

I suggest that the Council come on out of the closed chambers and listen to the people. They endorsed Aquatic Recreation. It is a lot easier to do your jobs, when you represent your constituency, and especially when it is related to something this obvious and this easy.

Citizens Requesting to be heard - Dr Joseph Inglefield and Rebecca Inglefield. Dr. Inglefield stated that the program is a great partnership with the YMCA. He has been on the board with the YMCA for over 10 years, but this program is simply not enough. We need a public facility that will serve the future needs of this community. It is totally inadequate to depend on the Y at this time. The Y is not able to provide the instructional time or space to do the job right.

It is a matter of commitment and that is what he thought he heard last year and nothing has happened in the last year. We didn't have the money to fix the pools that we had and so what did we do, we demolished them and then turn around and spend $390,000 ($285k+) or so on a big tent Downtown. It is inadequate and if you think that is good for this community it is not. This is a public health issue. Do you want people to drown in the lake? That happens every Summer To a certain extent, the Parks and Rec department has decided that they aren't going to do aquatics and that is simply not right.

We need a public facility that is accessible and affordable. Build a facility and it will fulfill the cities needs. I would be ashamed to be an All-American City with no public aquatic facilities. Greensboro just spent $25 million to build a facility and it is going to host events. No, you can't learn to swim in a week. You need continuous programs... all these sports depend on the fact that you can be a good swimmer. If you think we are going to attract retirees to come here, then we need a decent facility (for exercise).

Mrs. Inglefield came to the podium thanking the Mayor for stating that he wants to have a program where more people learn to swim. She wants to talk about the young people. This is a ground zero time. We aren't stuck with one pool right now... it is wide open for creative possibilities. We are glad to know that there is a start here, but this is not enough.

Mrs. Inglefield asked if their is a committee working on this? and what the goal is and the vision is to help all of these kids learn how to swim? The Mayor (hesitantly) answered  that it is his vision that all children learn how to swim. The committee is the Parks and Recreation Commission. Mrs. Inglefield asked if this was their mission... their assignment. The Mayor answered that that is one of their assignments. Mrs. Inglefield asked if there was a certain timeline? The Mayor answered that that was part of the visioning process of the Parks and Recreation.. and we are getting way off where we wanted to go with and we probably ought to quit with the dialogue... Mrs. Inglefield stated that ahe appreciated it, then asked if we would have something in place in one year that would allow children to learn how to swim? The Mayor responded that you are looking at one person and I think they have already learned how to swim, but he wants to ensure that the kids that didn't quite get there are followed up on, but he would like to see those numbers tripled or quadrupled.

Mrs. Inglefield asked how many children are in our community. The Mayor answered that in that age group there are probably 7,000 to 8, 000 kids. Mrs. Inglefield responded so 67 swam for an hour 4 days a week? The Mayor answered that he shouldn't get into this... for a million dollars we only had 40 a day. Mrs. Inglefield asked for a million dollars? The Mayor responded if we had created those new pools, it would have been with operating costs a million dollars for 40 kids a day. Mrs. Inglefield answered that she knew that the Mayor had heard that children come to a pool for programming. That is the reason why kids didn't come in the summer, because there was no programming. There weren't swim lessons. It was just a path to come splash. Programming is a high decision, That is the reason why you have coaches for softball and basketball and programs for those... but she is glad that he is committed and we are too.

The Hound wants to convey that the above should reiterate many of the points that have been shared on this blog. Thank You Inglefield's for standing up on this issue. And especially Mrs. Inglefield for asking the questions. That scene shows why we need town hall meetings so that we can ask questions and get answers to the issues we face.

What was shown is that there is no plan, there was no plan, and there will never be a plan as long as the current Council is allowed to perform as they presently do. There were charades that were held in which the public demanded overwhelmingly that we have aquatic recreation in Hickory, but this Council went out of its way to make sure that the public's will was usurped. 

Notice how the Mayor passed the buck to Mr. McLeod and the Parks and Recreation Commission several times. Hey Mac and Parks and Rec, how does it feel to be thrown under the bus to provide cover for your bosses. It might be hard to believe, but there are actually people in this city that wouldn't do that to you. I hope that you're paid enough to carry that load.

Remember what President Harry Truman said about the buck stopping here. My name might be Shell, but I don't have the talent that these folks have playing the Shell game with the buck the way this lot does.

Tuesday, February 7, 2012

Assessing Problems necessary for Solutions.

Over the last several years, while our local economy has suffered from a multitude of issues, this blog has pointed out areas of concern and outright problems that are economic, social, and cultural in nature that not only take root locally, but are the result of global initiatives and governance. Although I have been frustrated and perplexed by the intellectual laziness and lack of desire on the part of my fellow man/woman to understand and take interest in the issues facing our ecosystem, I have not lost faith in the nature of the greater power in this life to bring the forces of good together to repel the darkness that attempts to control and manipulate paradigms towards the personal interests of elitism.

If you don't understand the above paragraph, then please read it again and if you don't understand, then I'll try to break it down, but it loses the gravity of its magnitude when I do so -- and I am not attempting to be arrogant. I am just a regular person trying to figure out life and convey what I have learned and am learning to the people who read this material in hopes that we can become an atomic lifeforce spreading the energy of true openness and love.

We have people who have bastardized the terms capitalism and entrepreneur. They have taken these market principles and contorted them into a perverse notion of I'll get mine whatever way I can, by hook or by crook and you can attempt to do the same; but while you are doing that I'm going to try to keep you from getting yours by erecting barriers and I'm also going to try to steal your livelihood and your assets.

Over the years of this blog and prior, I have been told by local public figures that we need to look on the bright side... we need to be positive. It is easy to talk about problems, but we need to focus on solutions. What these people don't understand is that we can't focus on solutions until we are willing to get beneath the surface and look at what has caused the illness related to those economic, social, and cultural issues. If you have a wound that is oozing puss, then you need to figure out what is causing the underlying issue.

Whether people like it or not, part of the solution is pointing out these problems/issues we face. These issues are not static. They did not come about overnight and as time has rolled on, these issues have evolved into negative issues even bigger in nature. By failing to take action, the problems we have faced have grown even more intensely -- near an exponential level.

When we face down issues head on, in the beginning it might look daunting, but as we gain fortitude through experience, you become adept at adapting. That is what we are talking about when we talk about resiliency. We are always going to struggle, but it is how quickly and nimbly you adapt that separates successful from unsuccessful endeavors, whether on a personal or community level. The biggest negative issues that we face in this community are fear and excessive control to the point of manipulation.

I understand the fear that individuals have in relation to current issues involving personal economics and finance. I freely admit that I have struggled for a long time. It beats you down. It is depressing. I have not struggled to the point that I have seen many others go through, but I am not progressing as well as a person my age should. and cannot afford luxuries. People are worried about the future and this causes them to pull back. This is part of behavioral economic theory. When the population hits a critical mass of people pulling back financially, then on whatever level (local, national, international) we see the economy as a whole regress. That is where we are today.

People and communities grow desperate. Instead of trying to find ways to address issues that will create value, they become obsessed with cutting costs. While keeping tight reins and accountability built into a budget is critical, cost cutting does not create wealth and cutting costs can lead to the destruction of wealth.

Chrysler Corporation learned this in the mid to late 1970s. In college, studying management in the late 1980s, we had this vivid message honed into our minds. Chrysler cut costs to the point that they virtually eliminated the Research and Development program. The book entitled "Behind the Wheel at Chrysler," takes a look at how Chrysler's research and development was constrained while the company invested in ventures that had little to do with the corporate mission; how many of Chrysler's new models were simply redesigned chassis on existing platforms; how internal rivalries undermined the company's productivity; and more.

In my opinion, we have seen a similar dynamic on the local level. Egos and marking territories has no doubt been an issue. That does not mean that there aren't really good government employees on the local level. I think the majority take pride in their work and truly do represent the public well. But, we do see a lot of turf protection when it comes to the openness of governance and pushing agendas, protecting friends and allies, and trying to control outcomes towards personal interests. What this does is limit the public's choices in the marketplace.

If you have limited choices, it leads to a deterioration in the quality of products, the marketplace, and ultimately the quality of life in a community. Why? Because this is what happens with controlled economic outcomes. Let's say that a town deems that there will only be one bakery in town and  an ordinance is created that says no one else is allowed to bake or sell bread. That bakery has a captive audience. If you want bread, you have to buy it from them. They can choose what products they offer. They can set whatever price they want. Sure, the residents might choose to not buy bread or even create a black market, but what incentive does the bakery have to create good products at a good price and what incentive do they have to provide an excellent customer service? In looking at similar metaphors, how does a community benefit from a controlled marketplace?

You see, the solutions will take care of themselves if you have a responsive marketplace. The government can take a positive approach by helping to create a dynamic marketplace. Solutions are derived from the assessment of problems.

Sunday, February 5, 2012

Economic Stories of Relevance in Today's World -- February 5, 2012

What’s Important in the Financial World (2/3/2012) Battle Among Fed Members, $100 Oil - 24/7 Wall St.com - Douglas A. McIntyre - February 3, 2012 - Fed Discord - The debate among Fed members about the future of the American economy, and how long rates should be kept low, has become ugly and public. Dallas Fed chief Richard Fisher said in a speech that “the economic forecasts and interest-rate projections of the FOMC are ultimately pure guesses.” Put another way, some of the greatest experts about the American economy have not a single clue about what the economy will be like in 2014. The Fed said it will keep rates near zero until then to protect the expansion. Fisher probably wonders what will happen if U.S. GDP begins to grow at 3% or 4% later this year or in 2013. He would argue that there is no way to put odds on that. And his vote against the validity of long-term forecasts has gained more support since the Fed issued its official numbers last week.



Congress’s Absurd Insider Trading Bill - 24/7 Wall St.com - Douglas A. McIntyre - February 3, 2012 - This has been said before, but it is worth saying again. The idea that Congress needs to pass a bill to keep members of Congress and their staffs from insider trading is the reason Americans have no confidence in the institution. It is tantamount to passing a bill that says members of Congress cannot sell illegal drugs on the floor of the House or Senate.                         Congress members and their staffs know better, too. They receive mounds of information about decisions and data that could affect the values of public companies. The rule, even if it is not put down in law for them to follow, is that if you can make money that people without the information cannot, it is illegal and unethical. And it is also one of the roots of the national confidence in the federal legislative institutions.


Unemployed College Graduates As Vulnerable As High School Dropouts To Long-Term Unemployment: Report - Huffington Post - Bonnie Cavoussi - February 2, 2012 - College graduates and advanced degree holders, once they are unemployed, are as vulnerable as high school dropouts to long-term joblessness, a new study has found.                              Thirty five percent of unemployed college graduates and those with advanced degrees have been without a job for more than a year, the same rate as unemployed high school dropouts, according to a Pew Fiscal Analysis Initiative study published Wednesday. In fact, the long-term unemployment rate, for those 25 and older without a job, is nearly the same across all levels of educational attainment, the report says.....                      The long-term unemployed also often face job discrimination, as many employers prefer to hire workers with fresh experience. A number of employers require job applicants to be "currently employed" in order to be considered for a position.


Long-Term Unemployment Remains High, Millions Leave Labor Force
- CNSNews.com through the Blog The Destructionist - Matt Cover - February 3, 2012 - Despite a January jobs report that saw slightly stronger private sector job growth than in recent months, long-term unemployment remains at record high levels and revised statistics show that another 1.2 million [in just one month] have left the labor force.                According to the Bureau of Labor Statistics (BLS), the number of long-term unemployed – those out of work for 27 weeks or more, was unchanged at 5.5 million in January, near its record of 6.7 million in April 2010. That number has been at historic highs of 5-6 million since August 2009.                  BLS figures also reveal that the number of people who have left the labor force entirely was much higher than previously thought – 1.2 million higher.


Deconstructing The “Massive Beat” in Employment Data- Corrected - The Wall Street Examiner - Lee Adler - February 3, 2012 - I like to look behind the headlines at the real unadjusted, unmassaged, unmanipulated numbers to get some idea of what’s really going on. Here’s where things get strange. Total reported employment and full time employment plunged in January, as is normal for that month. So the Gummit survey data doesn’t square with the tax collections. Had we based our forecast for the headlines (which is the only thing that matters to the market in the short run) on the withholding data, we would have gotten it right, but for the wrong reasons. It’s a head scratcher that suggests that the Gummit’s employment numbers shouldn’t be trusted, which isn’t news. What we do know for sure is that there was a gigantic surge in withholding taxes from late December to mid January, and that surge disappeared completely in the last week......                             Meanwhile, the government’s own survey data show that 7.4 million fewer people have full time jobs today than was the case 4 years ago. Those 7 million jobs were the fake jobs spawned by the housing and credit bubbles. Those jobs were vaporized when the bubble economy collapsed. They are NEVER coming back. The “new normal” is just the old normal without the added froth. What we are left with is the bitter reality of fewer people carrying the tax load and more people needing government assistance. We have yet to see any real proof that the trends are improving enough to ameliorate those burdens on the economy.












House prices hit post-bubble low - Washington Post - Peter Whoriskey - January 31, 2012 - Data released Tuesday showed that seasonally adjusted housing prices have reached a post-bubble low, as the minor surge that began in 2009 fizzled, to be followed by the almost continuous slide of the past 18 months. The housing bust, in other words, appears to be even worse than it was at the nadir of the recession. For millions of homeowners, that’s an unsettling reality, and potentially an issue in the presidential campaign. But the damage may be far more widespread........              
“The trend is down and there are few, if any, signs in the numbers that a turning point is close at hand,” said David M. Blitzer of S&P Indices. “I spent the weekend scratching my head and saying, ‘Isn’t there some good number in here?’ ” The Standard & Poor’s Case-Shiller seasonally adjusted housing index for 20 cities dropped again in ­November, the last month for which data were available, falling to a level not seen since 2003.......                   “Housing starts have been at 60-year lows for 38 months — it’s incredible,” said Karl E. Case, emeritus professor of economics at Wellesley College and co-founder of the housing price index. “It’s a complete depression.” Case noted, for example, the slump’s profound effect on the residential construction industry: Annual housing starts in the United States peaked at 2.37 million and have fallen to fewer than 700,000. “Eighty percent of a major industry in the United States just disappeared,” he said....                  The recent white paper from the Fed noted, for example, that housing prices have fallen an average of about 33 percent from their peak, erasing $7 trillion in household wealth. With that, according to the paper, comes a “ratcheting down” of what people buy.


Bank of America Would Spare Only Two Headquarters in Plan to Sell Offices - Bloomberg - Hugh Son - February 3, 2012 - Bank of America Corp., the second- largest U.S. lender by assets, may sell all its offices as part of the company’s effort to cut costs, sparing only its headquarters in North Carolina and New York City.                “We are currently reviewing all of our properties across our portfolio, with the exception of Bank of America Corporate Center in Charlotte and Bank of America Tower at One Bryant Park” in Manhattan, Kelli Raulerson, a spokeswoman, said today. The lender owned or leased about 120 million square feet in 26,910 locations at the end of 2010, mostly in the U.S., according to its last annual report.                    Chief Executive Officer Brian T. Moynihan, 52, is reevaluating the bank’s real estate needs as he eliminates at least 30,000 positions and seeks to trim as much as $8 billion in annual expenses. If Bank of America sells buildings, it will lease back space for operations, avoiding impact on employees, the company said in a statement provided by Raulerson.


How US Fascism Comes Out on Top Via 'Too-Big-to-Fail'? - The Daily Bell - Thursday, February 02, 2012 - Too-big-to-fail legislation is toxic on every level. It marries government to private industry, drains competition from the marketplace and ensures that the most important elements of the modern financial system are further constrained by regulatory fiat.      Of course, one could argue that the modern system – one that has been built on the monetary fraud of central banking – is not worth saving anyway. We would agree with that, in fact. The current financial system not only deserves to collapse, it DID collapse three years ago.           The dollar reserve system, from our point of view, is already dead. From what we can tell, central banks – at the behest of their controlling power elite – have injected some US$50 TRILLION into the system worldwide.       These horrible numbers are actually incomprehensible. The larger financial system is effectively frozen. It has not been allowed to shed its failing elements, and one could argue, in fact, that these failing facilities have been enshrined at the heart of the system's decisive economic dysfunction.     In other words, the very entities that are the most important to the system's current operation are the ones that should be allowed to fail. They exist only because the system – worldwide – is a kind of elite command-and-control operation that has little or nothing to do with free markets.          But as the current central banking system becomes more and more dysfunctional, the costs of keeping it going are rising exponentially. As we have pointed out, the current environment has a manifest logic, and it's not a pleasant one.             There is no economic justification for "too-big-to-fail" except the brutal logic that government funds must compensate for private failures. This will work for a while, but not forever. Eventually, the dysfunction will be too big even for governments' large pockets. In the meantime, we will have "isms" – specifically, growing fascism in the US. Europe, we would argue, is headed in the same direction.          Remove competition from the marketplace and you end up with a collection of enterprises that perform inconsequential functions incompetently. More importantly, you end up with a federalized private sector and a series of disastrous "public-private" partnerships.        The result is ruin – ruin of every kind. Militarism thrives in a fascist environment. So does a certain kind of ignorance, civic dysfunction and increasingly poverty and civil violence. Chaos looms. Of course, out of chaos ... order. A New World Order. That's obviously the plan.           But as we often point out, we would tend to believe that what we call the Internet Reformation will make the elite's main dream rather hard to achieve. The more that the powers-that-be plot to increase the dysfunction of the Western world and especially America, the more push back is generated, in our view. It may turn out that ordinary people in the Internet era are far more resistant to fascism – statism – than elites currently believe.         Conclusion: Will the world-spanning plans of the Anglosphere be realized? Just as too-big-too-fail is ultimately an insupportable concept, so is the idea of world government. They are both based on enormous economic fallacies and carry within their implementation the seeds of their own destruction.


Usury - I personally have problems with Bill Mahers personality, but this is a good interview thanks to Elizabeth Warren. Yeah I know, she's a Democrat, but what she says here makes sense.

Saturday, February 4, 2012

City of Hickory Bits and Pieces - February 4, 2012

This was provided by one of the followers to the Hickory Hound:
I was curious and asked myself: how many of these farmers grow in Catawba County? Out of 38 vendors listed on the HFM website, I confirmed 8 of them (21%) grow or prepare products in Catawba County.

Anna’s Sweet Treats - ?
John H. Bigelow Photography - Mt. Pleasant, NC
Beam Family Farm - Lawndale, NC
Bluebird Farm - Morganton, NC
Blue Ridge Apiaries - Hudson, NC
Childers Farm - Whittier, NC
Coto Family Farms - Vale, NC
Crane/Herbville Farm - Granite Falls and Lenoir, NC
Crowe’s Produce - Morganton, NC
Daphine & Sons Asparagus Farm - ?
Davis and Son Orchard - Lawndale, NC
Diane’s Bakery - Hickory, NC
The Dog House - ?
Donna Wood - ?
Farmer's Daughter - Taylorsville, NC
Gayle’s Gardens - Caser, NC
Hoffman Farms - Lincolnton, NC
Ed Huss - ?
Interior's by Betsy - ?
Jerry Harris - ?
Richard Hill Farm - Lawndale, NC
Keller's Gourd Barn Crafts - Cornelius, NC
Lisa’s Baked Goods - Hickory, NC
Living Greener Days - Hickory, NC
Mills Garden Herb Farm - Statesville, NC
Muddy Creek Mushroom Farm - Morganton, NC
Nancy Jaeger - ?
O My Soap! - Newton, NC
Open Hearts Bakery - Morganton, NC
Raby’s Greenhouse - Hickory, NC
Ripshin Goat Dairy - Lenoir, NC
Rock House Farm - Morganton, NC
Setzer’s Nursery - Claremont, NC
Sipe Angus Farm - Claremont, NC
Snyder Family Farm - Granite Falls, NC
Summer Fresh Flowers - Newton, NC
Tumbling Shoals Farm - Millers Creek, NC
Whippoorville Farms - Hickory, NC

I was unable to find addresses for the other 8 (21%) of vendors.

A friend who is a chef in Atlanta, who is from here, left me a note when I asked about his thoughts on this issue.
This is a HUGE movement here in Atlanta too. Many of the more upscale restaurants buy from local, state, and regional growers, dairies, and farms. I would support anyone that offers a quality product or service that is produced as close as the ones you have listed here. Hickory's business community in general could try this as common practice and enjoy numerous benefits.

I asked Harry about his thoughts
Personally, if these folks are in our "region" I wouldn't quibble too much about, though Mt Pleasant and Whittier seem a bit far. My beef is with folks that farm at MDI then sell it. By the way, it seems that we didn't have too much trouble finding $140K to fix up 5 tennis courts. I have no problem with tennis courts, they aren't pools after all - (sic). HH

The Hound thinks this shows that we aren't focusing the farmer's market on local farmers per se, as some have (mis)led us to believe. In December, when a couple of threads were devoted to this issue, we were led on communicative ramblings that insinuated that the market was being limited in size and scope to help maintain price levels to make the marketplace function profitably for the local farmer/vendors. I don't know exactly how much of what Harry is stating about reselling from corporate purveyors is going on, but it would most definitely be interesting to have that proven and quantified. But aren't most of these purveyors going around a regional circuit? Going to 4 (or more) sites a week to sell their goods.

What our friend from Atlanta endorses is exactly what we have talked about on this very blog. And when we see the geography of where these vendors are homebased, then it shows that what we are discussing/proposing is already reality to a great extent. The only thing inhibiting the possibility of growth of this marketplace are the usual forces that have determined that everything must revolve around Union Square and their personal interests.

Take the leash off and Hickory will grow. This is the 10,000 pound gorilla. This is what is killing our local economy. And very few say anything about it and even fewer do anything about it.

Speaking of which, In an article on WHKY's website entitled Five City Tennis Courts to Close for Repair - 2/3/2012
Five City of Hickory tennis courts will close on Monday, February 6, while the courts are rebuilt over the next few months.

Tennis courts one through five at Hickory City Park, 1515 12th Street Drive N.W., will be closed, but the lower courts (six through eight) will remain open throughout the construction process. Construction is expected to continue through April.

The tennis courts designated for repair were built in the late 1970s and have severe cracks and splits. The cost to rebuild the courts is $140,000 and will include a new asphalt surface, along with new posts and nets.

The City has a total of 17 tennis courts. The remaining 12 will continue to be open for play.

The City will have a Dog and Pony show about the YMCA swimming initiative at this week's City Council meeting. The Mayor talks about this issue of kids learning how to swim. That's great, but the bigger issue is a focused program of Aquatic Recreation, Leisure, Sports, Exercise, and Rehabilitation. Where are these kids going to swim? Their toilet bowl?

If you want to hear the propaganda, then I suggest you be there, because if they don't address any relevant issues relating to getting an aquatic center built in Hickory, then I won't be writing about it on this blog. The YMCA is a good place for people who can afford it and don't talk to me about scholarships, that isn't affording it and the YMCA is already overcrowded. I'm going to be at the City Council meeting to report on happenings that impact your life. I'm not a subservient mindnumbed trick pony programmed to regurgitate nonsense.

Friday, February 3, 2012

Reality and the 2012 Presidential Election



For those of you who aren't afraid of the real current events watch the information above. You rob a convenience store and they put you in prison for 7 years plus. You see the man, reported on locally, who has fenced maybe a million dollars in goods on Craig's list etc. Yet, John Corzine has swindled billions of dollars through MF Global and he isn't even being questioned. We have a Congress that is allowed to insider trade and we have a Senator here in North Carolina who voted against legislation that would move forward ending this. And don't think this makes the Democrats better, because they are in on it too. As I showed in the Economic Stories of Relevance (1/15/2012) a few weeks ago, Goldman Sachs was the largest campaign contributor to Obama in 2008 and so far in 2012 they are the largest contributor to the Romney Campaign.

News on Quantitative Easing 3

This is what happens in Third World Nations. The United States is way down the list on most world rankings in relation to education, healthcare, quality of life, human rights... This is what happens in an imploding economy. This is what happens under the auspices of austerity.
Most of Newt Gingrich’s Twitter Followers Are Fake - gawker.com - August 1, 2012 - Newt employs a variety of agencies whose sole purpose is to procure Twitter followers for people who are shallow/insecure/unpopular enough to pay for them. As you might guess, Newt is most decidedly one of the people to which these agencies cater.

About 80 percent of those accounts are inactive or are dummy accounts created by various "follow agencies," another 10 percent are real people who are part of a network of folks who follow others back and are paying for followers themselves (Newt's profile just happens to be a part of these networks because he uses them, although he doesn't follow back), and the remaining 10 percent may, in fact, be real, sentient people who happen to like Newt Gingrich. If you simply scroll through his list of followers you'll see that most of them have odd usernames and no profile photos, which has to do with the fact that they were mass generated. Pathetic, isn't it?
What you are going to find out next year is that whoever is elected is not any different than the other when it comes to Obama, Romney, and/or Gingrich. I know that is going to upset the Republicans that think that Obama is the only Marxist. When you look at Massachusetts healthcare plan and compare it to Obamacare, you see that it's the exact same plan. Hey, that plan was instituted under Romney. You look at what has happened with MF Global and it is the same buy it up and strip it out Corporatism that Romney headed up at Bain Capital.

Oh, so if Romney is so bad and Obama is so bad, then that must mean that you endorse Gingrinch. Look at the dishonesty of his campaign. He is completely in it up to his eyeballs with Fannie Mae and Freddie Mac (from Real Estate Depression fame):

And yet, over a span of eight years, according to Bloomberg News, The Gingrich Group was paid between $1.6 and $1.8 million by the Freddie Mac. At the same time, Freddie Mac was engaged in massive fraud. Gingrich suggested he was a “historian” for Freddie Mac. But the evidence clearly shows he was “throwing his weight” behind the two Government Sponsored Enterprises to prop them up, saying in one interview that Fannie and Freddie provided a more “liquid and stable housing finance system than we would have” without them. Ironically, President Obama, the man who Gingrich is seeking to oust from office, is keeping secret each and every Freddie Mac (and Fannie Mae) document, including those that could shed light on Gingrich’s relationship with Freddie.

Gingrich also has claimed, “I have never done lobbying of any kind.” However, as documented by the Washington Examiner’s Timothy Carney, Gingrich was a hired gun for the drug lobby who “worked hard to persuade Republican congressmen to vote for the Medicare drug subsidy that the industry favored.” Carney reports that the Pharmaceutical Research and Manufacturers of America confirmed that they paid Gingrich. Bloomberg News “cited sources from leading drug companies AstraZeneca and Pfizer saying that those companies had also hired Gingrich.”

I don't agree with everything that Ron Paul says, but I trust him. I also don't think that he is a fruitcake. If you listen, then you will understand where I am coming from and where he is coming from. Where I disagree with him is in relation to a laissez faire philosophy towards foreign policy and domestic corporate regulation. I think the mega-corporations need to be reined in and while I agree that the endless wars need to be curtailed, we need to ensure that any cease fire related to current hostilities is recognized by all parties. The problem with the current U.S. foreign policy is that we do not expedite missions, we draw them out with no defined mission or conclusion.

I am tired of voting for the lesser of evils. I don't expect anyone to fulfill all of my desires related to philosophy. I just don't want a Flip Flopper or a Hypocrite or Obfuscator as the leader of this nation. If we are going to turn this country around, then we are going to have to have a straight shooter with convictions who at the same time is able to build consensus. Unfortunately, I just don't see that happening in this election cycle.

Wednesday, February 1, 2012

No Gloom, No Despair, No Agony -- A Solution oriented Challenge

I went to a meeting at church tonight in which we talked about reality. There are children in local schools who are dependent on schools to provide their meals. Many of the children aren't eating when they go home at night. They aren't eating on the weekends. They aren't eating when school is out on break. One school administrator says the hardest thing he has to do is order the schools closed, because of inclement weather, because he knows that some of the children that depend on the schools aren't going to have any of the comfort of a heated building or anything to eat that day. That certainly gives one who enjoyed every snow day pause for perspective.

This is the reality of what is going on in this country. This isn't about ideology or self-reliance. This is about survival. In the land of plenty that are these United States, we should not have this. I know that some people that I have heard in this community think that this is a story of make believe, but I can assure you that it is not. It isn't about tugging on ones heart strings. It is about innocent people trying to survive.

Survival is the word of the day.. We have always had people struggling in this world. We have all faced adversity, but what I heard tonight is that we have an elementary school here in Hickory where over 92% of the children in that school are on the school meal program and this is the school where kids are falling through the cracks. Their families don't qualify for food stamps, but also don't have food in the house, because they don't have money. There are currently over 46 million people in the U.S. receiving Food Stamps according to the USDA.

This is a community problem and my church is looking for ways to address this issue. We are open to suggestions and possible solutions. We have ideas of our own that we are looking to move forward with in the very near future. The Church I attend is Mt. Olive Lutheran ELCA here in Hickory on Highway 127 in Viewmont.

Leave a comment below or send me an e-mail at hickoryhound@gmail.com or you can visit our Mt. Olive facebook page, if you have suggestions that may be helpful.

I will conclude that this is not about gloom, despair, or agony relating to the plight of these people who are in dire straights or our feelings related thereof. People want to talk about being solutions oriented. Well, here is their opportunity to put their money where their mouth is. There were thirteen people in that room tonight that feel a calling to embrace this challenge. We are humbled by this challenge and the journey that lies ahead. In some ways it seems daunting and in many other ways it is a wonderful challenge that allows us to glorify God.

In our mission, we aren't attempting to displace or change the other wonderful charitable endeavors that shape this community. What we are attempting to do is fulfill a niche.  The Cooperative Christian Ministry (CCM), the Hickory Soup Kitchen, and other benevolent ministries fulfill overall invaluable missions. We realize that there is such need in the community, in this economy, that it isn't going to be easy to procure the food and other items needed to fulfill every deficiency, but we are going to start out small and take this process one step at a time. And we will keep you updated every step of the way.

May God help those in need in our community.

Micah's Cupboard
Mount Olive Evangelical Lutheran Church
2780 North Center Street
Hickory, NC 28601-1341
828.324.6198