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To: John Vosilla who wrote (93822)	4/26/2008 3:13:44 AM
From: Haim R. Branisteanu	Respond to of 110194

The United States recently overtook Spain as the world’s second-largest wind power market, after Germany, with $9 billion invested last year. A recent study by Emerging Energy Research, a consulting firm in Cambridge, Mass., projected $65 billion in investment from 2007 to 2015. nytimes.com

To: John Vosilla who wrote (93822)	4/26/2008 5:21:25 PM
From: sea_biscuit	Respond to of 110194

I hope that was said with the tongue firmly in cheek. Starbucks is discretionary stuff. Mish should tell people trying to buy rice that there is deflation..

To: John Vosilla who wrote (93822)	4/26/2008 5:28:52 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 110194

"Mish's Deflation scenario playing out as he called it." Today, I went to buy Indian Basmati rice. Not only had most of the rice vanished from the store, but the one remaining brand was selling at $20 for a 10-pound bag. That is an increase of more than 100% in the last 3 years or less. And I remember making use of "Buy 1, get 1 free" deals on the same brand of rice not too long ago! Yet, we have stupid fools like Mish saying that we are living in a raging deflationary period! However, that doesn't prevent him from buying and storing frozen hamburger and chicken - why would the dude do it if he was sure prices would collapse???? Maybe he is not such a big fool after all! ;-)

To: John Vosilla who wrote (93822)	4/26/2008 9:27:04 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 110194

I went to sams today. I can still buy 4 - 50# bags of riceland rice. Or so said the sign.

To: John Vosilla who wrote (93822)	5/12/2008 11:21:36 AM
From: sea_biscuit	Read Replies (4) \| Respond to of 110194

Here is more crazy stuff from Mish. Now, he is implying that the $200K fall in home prices puts more money in our pockets so that we will have no problem paying more for cucumbers, peppers, milk, gasoline or eggs! Incredible! And I thought the folks at the Fed and BLS were the nuttiest folks around! Here's Mish quoted verbatim from a recent blog : "But let's be serious here: It takes one hell of a lot of increases to make up for falling home prices. A $200,000 decline in the price of a home (or even a $50,000 decline) is several orders of magnitude more important than the doubling of the price of cucumbers, milk, or eggs. However, people do not buy houses every week although they may buy milk and gasoline every week. So inflationists have everyone screaming inflation when the big picture is falling asset prices and banks in a mad scramble to raise capital. The mad scramble to raise capital proves there is "mark to market" credit contraction because Citigroup and others would hardly be raising money at 8%+ with the Fed Funds rate at 2.00% were it not the case. So while some point out rapidly rising prices of peppers, milk, and gasoline, it's important to remember that $200,000 will buy one hell of a lot of the above."