The Past Week: July 12-18, 2009 (Energy-Saving Porch Project; “Full Plates Full Lives” Food Campaign; JFK, Jr.)

~~By InsightAnalytical-GRL

We’ve been busy for the last week or so having our back porch enclosed. It’s costing some bucks, but we figure we get an extra room out of it and eliminate the dust and dealing with the wind, which has made the area virtually unusable, except to pile up a lot of junk!  It’s unheated, but we bought E-366 doors and windows and have insulted the walls with above spec insulation. Here in southern New Mexico this means that we will have a delightful place to hang out during the winter and also in the cool mornings and evenings during most of the warmer months. Even all closed up now the temperatures are no more than what’s going on outside, which means our choice of the E-366 glass and the insulation is really paying off already!  Our AC isn’t working any harder, so we’re very pleased!

Here’s what the room looks like before caulking and final finishing. By next week I’ll be able to show you the entire room painted and in all its glory!

Porch Enclosure in Progress...

Porch Enclosure in Progress...

Unfortunately, the dogs aren’t getting out into the backyard very much because of all the mayhem.  But Slick, in particular is enjoying the gated area at the front of the house:

Slilck hangs out...

Slilck hangs out...

As we prepare to write a large check for this project (which is being done by neighbor who teaches but has a contractor’s license, too), it seems we’ve been musing a lot about money and the economy this past week. Here’s something in particular that is something to consider supporting:

Full Plates Full Lives

U.S. Foodservice, a 150 year old company that supplies food and related products to “restaurants, hospitals, hotels, schools and governmental operations” is running a “STEMulous Drive” now through October 15, 2009.  They’re organizing neighborhood drives, selling a cookbook, etc. all with the aim of feeding families who need help during these tough economic times. “Operation STEMulous” is specifically aimed at getting fresh fruits and vegetables to needy families.

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Speaking of vegetables…this porch project has really cut into my gardening time…I’m barely able to water everyday, but as of last night the patio outside the new room is finally cleared of lumber!

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And finally, this:

Jul 16, 2009 10:25 am US/Eastern

10th Anniversary Of JFK Jr.’s Death Passes Quietly

NEW YORK (CBS) ― The tenth anniversary of the death of John F. Kennedy, Jr., in a small plane crash off Martha’s Vineyard passed with relatively little notice Thursday, overshadowed by attention paid to the 40th anniversary of the historic Apollo 11 moon mission.

I remember that night clearly…It was a sultry evening in New Jersey and after hearing the initial reports I stood outside on our back patio and gazed up at the sky for a long time and prayed it wasn’t true…but it was.

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THE PAST WEEK

CNBC (Among Others) Caught in the Act “Reporting” Nouriel Roubini’s Comments on the Economy…He Responds

HEADS UP! It’s HERE! The New World Currency Design, Presented to the G-8 Delegations (With Pics)

The Past Week: July 4-11, 2009 (Where We Are Now re: The Economy-Robert Reich, Nouriel Roubini, Robert Shiller, Chris Martenson)

HEADS UP! It’s HERE! The New World Currency Design, Presented to the G-8 Delegations (With Pics)

~~By InsightAnalytical-GRL

OK, you know how we keep hearing that the new world currency supplanting the dollar is a long way off?  Well, some folks have other ideas…at the very least, they’re getting ready for the day, whenever it comes.   From Bloomberg News:

Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8

By Lyubov Pronina

July 10 (Bloomberg) — Russian President Dmitry Medvedev illustrated his call for a supranational currency to replace the dollar by pulling from his pocket a sample coin of a “united future world currency.”

“Here it is,” Medvedev told reporters today in L’Aquila, Italy, after a summit of the Group of Eight nations. “You can see it and touch it.”

The coin, which bears the words “unity in diversity,” was minted in Belgium and presented to the heads of G-8 delegations, Medvedev said.

The question of a supranational currency “concerns everyone now, even the mints,” Medvedev said. The test coin “means they’re getting ready. I think it’s a good sign that we understand how interdependent we are.”

Medvedev has repeatedly called for creating a mix of regional reserve currencies as part of the drive to address the global financial crisis, while questioning the U.S. dollar’s future as a global reserve currency. Russia’s proposals for the G-20 meeting in London in April included the creation of a supranational currency.

There’s actually a website for this “United Future World Currency .   According to Article 1 of the Manifesto

ART. 1

“Unity in diversity” is the foundation that drives this initiative, which started up in 1996. Its aim is to bring people together and go beyond national stereotypes. Its historical importance is even greater than its economic one; it is a goal built on faith, common hope, and the unification of cultural and spiritual roots.

So, this project was underway in 1996??????

If you go to The Long Path section, you’ll see the history of this project.  Here’s an excerpt:

In 1996, Sandro Sassoli had the brilliant idea that the “Ecu”, as the Euro was then known, was not the only opportunity for linking different countries together. Dr. Sassoli is an Italian journalist with a number of high-profile projects to his name. He worked on the ITALIA 90 World Cup campaign, promoting a range of products tied to the official mascot and logo, and inventing the Platinum Ball Trophy. As Chief of Special Programs, he developed a “Year 2000 Medals” project on behalf of the Italian State Mint. He was also responsible for the “Gold Books” program, which featured pages in real gold, and official celebrations to mark the end of the Italian Lira (The Last Day of the Lira at Rome’s Trevi fountain, and the Monument to the Lira, made by real coins).

Against this professional background, Dr. Sassoli believed that another new currency could be possible in the wake of the new European single currency. Giving the new future currency the draft name “Eurodollar”, Dr. Sassoli believed that the Eurodollar was a natural consequence of the historical ties between Europe and the United States. A centuries-old relationship formed by common roots, views and goals and a similar melting pot of different races.

An ideal Manifesto for the program, comprising 10 articles, was drafted in Brussels in 1996. This document has been modified since then, and is now definitive. (more)

Gee, as a kid, my relatives always brought me lira and I still have some.  Light–very light–coins, as I recall. Like play money…and worth about as much…

Here’s the page showing the “test” coin that was presented at the G-8:

FIRST TEST ISSUE:
OBVERSE the “Number 1” icon is repeated five times, representing the five continents. The border inscription reads “Unity in Diversity” and includes the first issue date of 2009.

Author: Luc Luycx, Royal Mint of Belgium.

REVERSE: the Tree of Life, with five leaves symbolizing local tree species that grow in the five continents. The border inscription reads “United Future World Currency”.

Author: Laura Cretara, former artistic chief of the Italian State Mint.


THIS IS FREAKING ME OUT!

But, apparently, the people in the Photo Gallery are all excited about this!

People from various national mints, even Sophia Loren and MARIO CUOMO, all grinning ear to ear!

And, guess what? There is a School Program that’s been involved in coming up with a name and symbol for the currency.

640 children (325 boys and 315 girls) aged between 7 and 18 years took part in an internal competition to come up with a name and symbol for the new currency. This was after they had received input from journalist Sandro Sassoli, creator of this project from its start in 1996 and numerous other events such as official celebrations of the Italian Lira, and from Professor Guido Crapanzano, monetary consultant for the Bank of Italy and representative for Italy on the European Central Bank (ECB)’s international jury which chose the Euro banknote designs.

An international jury, comprising the heads of the world’s leading mints, economists, Nobel-prize winners, and figures from the world of culture and entertainment (including Sophia Loren and Carlo Rambaldi, creator of E.T.), Luc Luycx (creator of the uniform side of the Euro coin), and Hans-Henning  Goehrum and Albert Beck (presidents of the World Money Fair), will have the task of selecting and rewarding the children’s best work on giving the new currency its name and design.

Last validation date: The works have to be sent within 10 May, 2009.

And what is the prize for the winner?

1st work: 1 Gold Banknote, in pure gold 999.9

2nd work: 1 Gold Coin, official tender

3rd work: 1 silver coin, official tender

Getting the hint now about what to do with your dollars?