another name for ka poom

[Roughneck]

very interesting article.

http://www.marketoracle.co.uk/Article11785.html

[ThePythonicCow]

Re: another name for ka poom

very interesting article.

http://www.marketoracle.co.uk/Article11785.html

Yes - Ty Andros with his Crack-Up Boom is one of the better hyperventilating Cassandras around.

Ty Andros

[Roughneck]

Re: another name for ka poom

Over the years I've tried to shake myself loose from the catstrophe syndrome. The older you get the more you find that most times the worst things possible don't usually happen.Most times it something between the two extremes.But,there's allways a but,there is a lot of truth in what this guy is saying.

[Chris]

Re: another name for ka poom

I especially like his charts of the S&P priced in gold and crude oil. The article was also a nice refresher. Thanks.

[ASH]

Re: another name for ka poom

very interesting article.

In its place, they substitute CORPORATISM, a system of entrenched corporations which OWE their ability to stay on top of their industries and sectors to the public servants who are dependent on them for funds needed for reelection. Name me one entrenched business that does not give to ALL public servants for reelection. Both RIGHT and LEFT are funded equally and to the maximum allowable limits.

This rings true to me. I work for a business of about 20 employees. We are entirely self-funded (no venture capital; no debt), but a lot of that funding comes from the Small Business Administration's SBIR program, which competetively bids research contracts of $100k (6- or 9-month Phase I program) up to $750k (2-year Phase II programs) to small businesses, defined as those with fewer than 500 employees. To me, 500 employees doesn't sound like a real "small" business, but whatever. After about 5 years of operation, starting from first-principles modeling and simulation and carrying it through manufacturing development and demonstration of prototypes, we've produced what is probably the best InGaAs avalanche photodiode yet reported. We are right at the cusp of productization, and hopefully a transition from SBIR funding to commercial sales. (To be frank, SBIR is another form of government pork, but as it is targeted at small innovative business, it is better targeted to promote job creation and technology development than a lot of other pork.) However, the SBIR bill is up for re-authorization, and the version in the House is basically going to divert the existing funding base from true small businesses to larger companies that are themselves either already backed by VC or an even larger parent. As far as I can tell, the big players have figured out how to divert public dollars from small innovative start-ups, so that fewer awards of higher value are made to bigger companies, to subsidize VC investors and sclerotic corporations. If passed in that form, the new SBIR bill will basically squeeze out all of the small businesses that started as we did -- with no VC backing and just a few guys with some ideas.