Thursday, December 25, 2008

The Terror

It's Christmas night. The guests have merrily departed. The house is (mostly) clean. The wife and kids, drained by the day's festivities, are asleep. I don't feel like doing much so I'll catch up a little bit on my blogging.

The TerrorEuropean explorers spent centuries seeking an easier way to get to the Orient than the traditional rounding of Africa and journeying east. Columbus was the first to try sailing west but instead of finding China, "discovered" two new continents (other earlier claims notwithstanding). While the New World consumed much of Europe's interest for the next few centuries, the quest to find a route around the Americas did not die. Sailors continued to brave the fearsome conditions of the Arctic in order to find the fabled northwest passage: a route through the ice to Asia.

While global warming has made this task easier here in the early 21st century. As recent as the 1840's the Arctic was still unexplored territory for the White Man. If they'd had the humility to consult with the local Inuit "savages", they could've saved themselves some trouble. But in the 19th century, the British Navy ruled the seas; its captains and admirals full of hubris and still a half century away from being seriously challenged.

The Terror is a fictional account of the ill fated John Franklin expedition. Franklin's two ships, the HMS Erebus and HMS Terror, were lost somewhere in the Arctic and their crews never seen again. Genre spanning and award winning author, Dan Simmons, extensively researched the subject (Three pages worth of sources listed) and it shows. All the elements of mid 19th century naval life are present. The reader will also get an education of the various types of ice that constitute the Arctic landscape. Of course, the reader wants to know what happened to the crew. Simmons mixes speculation in with archeological evidence to showcase the crew's misery: insufficient coal stores, spoiled food (canned food was in its infancy back then), pneumonia and frostbite.

But if these things weren't bad enough already, Simmons throws in a bit of the supernatural. The crew of the two ships is stalked by a creature out of Inuit legend. Just when it seems like the crew's luck has changed for the better, the beast returns to wreak havoc. It's quite at home in the endless night of Arctic winters and gales and picks off any hapless crewman to catch its eye.

The story is told from the perspective of several officers and crewmen. Simmons brings each of them to life with as much intricate detail as he provides to the frigid landscape. However, Francis Crozier, the captain of the Terror, is the main character. Without spoiling anything, it's evident from the first chapter that there will be a showdown between Crozier and the creature, but the ending isn't what you'll expect.

The Terror is an excellent story of misery, betrayal and redemption. If you decide to read it, do so in the winter. The cold and the wind howling outside your window will help you empathize with the plight of the characters and you'll gain a greater appreciation for the comforts of hearth and home.

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DED

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Thursday, December 11, 2008

The Bottom Falls Out of the Recycling Market

Ir recycling weren't state law, I believe that it would be dead.

According to the article, here's how bad prices for recyclable materials have fallen in just the past three months:

Cardboard -- from $100 a ton to $5 a ton.

PET plastics, used for things like soda bottles -- from $330 a ton to $200 a ton.

Newspapers -- from $165 a ton to $25 a ton.

Tin cans -- from $150 a ton to $5 a ton.

HDPE plastic, a thicker, higher-density plastic used for things like detergent bottles -- $830 a ton to $255 a ton.

Source: Housatonic Resource Recovery Authority

So much for lobbying to get Polypropylene (#5) added to the mix.

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DED

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Friday, December 05, 2008

Belated Thanksgiving

If you still still have a job, it's something to be thankful for. Over half a million jobs were lost last month. And October and September were worse than we thought.
The U.S. economy lost 533,000 jobs in November, the worst single month since late 1974, and the result was even worse than most analysts had expected.
...
Job losses in September and October also turned out to be much worse. Employers cut 403,000 jobs in September vs. 284,000 previously estimated. Another 320,000 were chopped in October, compared with an initial estimate of 240,000.
And more are on the way....

AT&T announced it will cut 12,000 jobs over the next few months.

Credit Suisse announced it will cut 5,300 jobs (11% of its workforce), though it will spread them over its global workforce.

Even software titan, Adobe, announced that it will cut 600 jobs (8%) from its workforce. They had better-than-expected earnings for the fourth quarter, but said the cuts are necessary due to slower revenue growth.

And it's quite likely that more jobs will be lost as the automakers shrink their operations.

Oil closed at $40.81/barrel which tells me that anticipated demand is so low that we've got a long way to go.

Yet with all this dismal news, the Dow was up 259 points. Go figure.

Enjoy your weekend!

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DED

UPDATE 12/11: The hits just keep on comin'.

UBS (the massive Swiss Bank with a very large office building in Stamford that towers over I-95) is reportedly considering cutting another 3,000+ jobs.

3M admitted to cutting 1,800 jobs.

Dow Chemical is cutting 5,000 jobs and closing 20 plants to stop the bleeding.

InBev, who bought out Anheuser-Busch earlier this year, is cutting 1,400 jobs in order to streamline operations. As an aside, that means the the top selling beer brewers in the US are foreign owned. Yet another reason to keep drinking American made craft beer. ;)

Electronics giant, Sony, will cut 8,000 jobs (4% of its workforce) between now and March 2010.

Principal Financial, an insurance and banking company, is cutting 550 jobs (3.5% of its workforce).

Mining giant, Rio Tinto, is cutting 14,000 jobs. Yet they plan on keeping their dividend to shareholders intact.

Office Depot plans on closing 112 stores. No word on how many retail jobs will follow.

Chip maker, Novellus, announced that they'll be cutting 10% of their workforce. Even the CEO "will take a 50% pay cut and forego bonuses and stock option grants for 2009."

Sara Lee, makers of Ball Park Franks, Jimmy Dean Sausage, Hillshire Farm and a bazillion other products, announced that they'll be cutting 700 white collar jobs and outsourcing their functions.

Even the NFL is getting in on the action. They're cutting 150 jobs (13.6%) from its staff. To be fair, the NBA, MLB, and NASCAR have all announced layoffs.

I'd be tempted to go off on a rant about how professional athletes are grossly overpaid, baseball in particular, but no one gives a shit, so why bother.

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DED

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Tuesday, December 02, 2008

Venice

Are the denizens of Venice stalwart in their defense against their city's sinking and rising sea levels? Or are they just in denial? A recent round of flooding, the highest in 20 years, makes me think the latter.

Where does the sidewalk end and canal begin?

More pictures: here and there.

Even though they've been building that adjustable dam, the city is pretty much doomed.

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DED

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