Sunday, October 15, 2017

Taking a short break - no post this week

An exceptionally heavy workload has forced me to take a short break from posting. I expect to post again on Sunday, October 22.

Sunday, October 08, 2017

The Italian experiment and the truth about government debt

Money is a slippery concept. Today we think of it as paper certificates and coins. But actually, anything that is generally accepted in trade can be considered money. The rise of cryptocurrencies is demonstrating this truth. In wartime scarce but desirable and easily transported commodities such as cigarettes, alcohol, jewelry and valuable paintings can act as currency.

Debt is defined as money owed to another person or entity such as a corporation. It is an obligation to pay the money back, usually by a specified date at an agreed rate of interest. Certain kinds of debt, especially government bonds, are traded daily in the world's money markets. So confident are investors that some government bonds, especially U.S. Treasury bonds, will pay the agreed interest and be redeemed in full at maturity that they treat them as if they were cash—because they can be converted into cash in an instant in world markets.

But is government debt what we think it is? Consider the poor Italians who recently announced that they will try paying for government services with tax credits—essentially reducing a person's tax bill in exchange for services rendered or products delivered. The reason is simple. The Italian government is hard pressed for revenue which is paid in Euros, a currency which the government does not control and therefore cannot create more of.

The tax credit scheme gets around this inconvenience. But it also makes possible a far more interesting possibility. As the writer of the linked piece points out, what if instead of making book entries in a taxpayer's account, the Italian government issued paper tax credit certificates that could be used to pay taxes?

At first this seems unimportant unless one imagines that everyone who is doing work for the government receives tax credits in the form of paper tax credit certificates. Furthermore, what if those certificates were available in convenient denominations much like paper Euros? Since most Italians have taxes to pay, these certificates could be traded for goods at the local grocery store which also has taxes to pay. And the grocery store could pay its suppliers in certificates because they too have taxes to pay and so on.

Pretty soon this form of government obligation starts to look just like money. And while it essentially borrows the work of others, it does not borrow money from them. The government's obligation is then extinguished when the recipient pays his or her taxes with the certificates. (Eventually, with so many businesses accepting such certificates, banks would be persuaded to accept them as deposits into savings and checking accounts.)

All this implies that the Italian government could get back into the currency creation business to help finance its operations—even if it were to print more certificates than it had taxes due. So long as people were willing to trade them for goods and services among themselves, some portion of the certificates would remain in circulation and never be redeemed to pay taxes.

Of course, the government could overdo the issuance of such certificates, and the author offers up several ways in which the amount in circulation could be managed.

Whether the European Central Bank (ECB) would allow things to get to this point is an intriguing question. After all, the whole point of the Euro is to unify the countries using it under one currency, and in the Euro area agreement, only the ECB can issue currency.

This Italian experiment—if it were to be fully realized—would come tantalizingly close to what so-called Modern Monetary Theorists say is possible: Government finance without debt or the necessity of taxation. A government that controls its own currency can simply issue what it needs to pay for its operations. The only reasons to tax anything are 1) to carry out certain social and economic policies favoring some activities over others and 2) to create demand for the currency being issued. If government taxes can only be paid using the currency issued by the government, nearly everyone will have to have at least some of that currency.

In practice, such a currency becomes a convenient medium of exchange and is therefore almost universally adopted.

All of this may seem improbable upon first blush. But two examples suggest that it is broadly possible and even desirable. First, the United States government financed the Civil War through the issuance of Greenbacks, paper money with no gold or silver backing, only the assurance that the government would accept it in payment for taxes. Such money lives on today in what are now called Federal Reserve Notes which the U.S. Federal Reserve Bank will not redeem for anything other than more Federal Reserve Notes.

Second, many people have long predicted that the vast and mounting U.S. federal debt would cripple the country's finances and lead to an inflationary economic calamity. And yet, even as the debt mounts to a previously unimaginable size, the country seems no closer to that calamity than it did 10 or 20 years ago—at least not one associated with the federal government's debt.

What's happening is that the U.S. government is doing something through its borrowing operations that is in its ultimate effects roughly the equivalent of issuing currency. It borrows its own currency from private individuals and institutions and then uses that currency (or rather book entries denoting currency) to call upon the productive capacity of the United States (and to a certain degree the world) to satisfy its needs. Because it has not unduly strained that capacity, this spending has not pressured prices very much. (If the buying power of the currency in circulation electronically or otherwise does not exceed the productive capacity of the economy, evidence suggests that there is little reason to expect general price inflation.)

With the U.S. federal debt approaching $20 trillion and rising, many are saying that a crisis cannot be far away. But the Modern Monetary Theorist would propose an easy fix: Issue currency to buy back whatever amount of the debt is necessary to calm markets. Better yet, buy all of it and never issue debt again. (Doing this over an extended period of time would probably be best in order not to bring chaos to world money markets. And, it would demonstrate that the U.S. government is not "going broke" nor could it ever go broke as long as it issues its own currency.)

Given that the United States and many other countries issue their own currency, why should wealth in the form of interest payments be transferred to the rich who hold most of that debt, when these countries could be debt free?

What the Italian experiment highlights is that governments that issue their own currency do not have to be dependent on private credit or taxation for their spending needs. In fact, as the author of the piece linked above proclaims, it's downright crazy for such governments to borrow their own currency from private institutions and individuals when those governments can simply issue currency as needed. Only those who hold the strings of private credit and therefore benefit from current arrangements have a stake in getting the rest of us to believe that the world can be run in no other way than the one they prescribe.

Kurt Cobb is an author, speaker, and columnist focusing on energy and the environment. He has been a regular contributor to the Energy Voices section of The Christian Science Monitor and is author of the peak-oil-themed novel Prelude. In addition, he has written columns for the Paris-based science news site Scitizen, and his work has been featured on Energy Bulletin (now Resilience.org), The Oil Drum, OilPrice.com, Econ Matters, Peak Oil Review, 321energy, Common Dreams, Le Monde Diplomatique and many other sites. He maintains a blog called Resource Insights and can be contacted at kurtcobb2001@yahoo.com.

Sunday, October 01, 2017

Puerto Rico: When the electricity stops

When the electricity stops in modern civilization, pretty much everything else stops. Not even gasoline-powered vehicles can get far before they are obliged to seek a fill-up—which they cannot get because gas pumps rely on electricity to operate.

When I wrote "The storms are only going to get worse" three weeks ago, I thought the world would have to wait quite a while for a storm more devastating than hurricanes Harvey and Irma. But instead, Hurricane Maria followed right after them and shut down electricity on the entire island of Puerto Rico except for those buildings with on-site generators.

Another casualty was drinking water because, of course, in almost every location, it must be moved using pumps powered by electricity. In addition, the reason we remain uncertain of the full scope of the damage and danger on the island is that the communications system (powered by electricity, of course) failed almost completely.

The Associated Press reported that as of September 30, 10 days after Maria's landfall, about 30 percent of telecommunications had been restored, 60 percent of the gas stations were able to dispense fuel and half of the supermarkets were open.

Presumably, these figures represent mostly urban areas where any single act of repair can restore services to many more people than in the countryside where conditions by all accounts remain desperate.

Unless power is restored soon to those areas still without it, many of life's daily necessities—food, water, medicine—will remain beyond reach for substantial portions of Puerto Rico's residents. The consequences of this are both predictable and dire. But the expectations are that weeks and months may pass before electricity again reaches the entire island.

If that turns out to be the case, then those who are able will simply leave their homes and migrate elsewhere, most probably to the U.S. mainland—something they are entitled to do as American citizens. The United States is unprepared for such a massive wave of migration if it develops.

Electricity is the essential pillar upon which the operations of all modern industrial societies depend. And yet, it is something that remains impossible to stockpile in large amounts; nearly all electricity is consumed as it is produced. Its transmission remains all too vulnerable to bad weather which we now know is only going to get worse—not only hurricanes but also ice and snow storms which will increase in frequency and severity as the atmosphere becomes more saturated with water vapor (because warmer air can hold more moisture).

Part of the question the United States and the world will be answering when deciding on how and what to rebuild in Puerto Rico is how much are we willing to spend on making infrastructure climate-change proof when climate change is a moving target. We do not now know how "hard" we will have to make any rebuilt infrastructure in Puerto Rico because we do not know for certain the ultimate severity of climate change through the lifetime of the infrastructure being built. It would be foolish to rebuild infrastructure that will simply blow down or flood out in the next major hurricane or one just 10 years from now.

While contemplating such dangers, the world remains largely oblivious to an unparalleled danger to the electric grid, one that dwarfs what climate change is ever likely to threaten: electromagnetic pulse or EMP.

Two sources of EMP, a coronal mass ejection from the Sun and the detonation of a nuclear bomb at high altitude are real threats. What makes North Korea such a menace is not the few nuclear weapons which the country apparently has, but the possibility that it could detonate one at high altitude and thereby cripple much of the electrical infrastructure of the country targeted. (Whether it has a weapon of sufficient power and the ability to deliver it high into the atmosphere above the United States or another country is unknown. Not surprisingly, the nuclear facilities of the U.S. military have been hardened against such an attack so as to assure a retaliatory capability in the event of a first strike.)

The possibility of a coronal mass ejection of sufficient power to cripple the world's electrical system, however, is not theoretical. Just such an event, known as the Carrington Event, took place in 1859. Back then it dazzled viewers of the sky worldwide while burning up telegraph lines. Today, it would shut down much if not most of the globe's electrical infrastructure.

What Hurricane Maria has done to Puerto Rico reminds us of how vulnerable systems critical to the daily operation of industrial society remain. We have options: one is a more decentralized, renewable energy system hardened against EMP. But we do not yet have the foresight and the will to realize such a system anytime soon.

Kurt Cobb is an author, speaker, and columnist focusing on energy and the environment. He has been a regular contributor to the Energy Voices section of The Christian Science Monitor and is author of the peak-oil-themed novel Prelude. In addition, he has written columns for the Paris-based science news site Scitizen, and his work has been featured on Energy Bulletin (now Resilience.org), The Oil Drum, OilPrice.com, Econ Matters, Peak Oil Review, 321energy, Common Dreams, Le Monde Diplomatique and many other sites. He maintains a blog called Resource Insights and can be contacted at kurtcobb2001@yahoo.com.

Sunday, September 24, 2017

The solar panel imports case and the future of self-sufficiency

Last week the U.S. International Trade Commission (ITC) ruled that the American solar panel industry had been harmed by cheap imports though it did not specifically find that the competition was unfair.

The decision has stunned the solar industry which has relied on cheap panel imports to spur the growth of solar power in the United States. It's not clear what remedies the commission will recommend to President Trump who will have final say about how to respond. But the president's often articulated antipathy toward America's existing trade arrangements suggests a punitive response such as a tariff or quota.

Such a response could slow the spread of solar power in the United States by raising the cost of deployment. This would happen just at the point when Mother Nature herself has underlined the need for low-carbon energy sources through the devastating effects of climate-change enhanced hurricanes on American territory in Texas, Florida and Puerto Rico. In fact, in Puerto Rico, hit by two major hurricanes in a row, the damage was so severe that according to The New York Times the island may be facing months without electricity.

The irony, of course, is that had Puerto Rico invested in distributed solar power, a source perfect for a sunny Caribbean island, it might still have had major problems, but not the kind that a devastated centralized power system has visited upon the island's residents.

The case just decided by the ITC may or may not result in large consequences for U.S. solar deployment. But it highlights another issue which the rise of anti-free trade sentiment has exposed. How self-sufficient should the United States or any other country, for that matter, strive to be?

In a globalized world this seems like a retrograde question. After all, the smooth operation of the global logistics system has served consumers and businesses well for decades. Yes, there have been a few disruptions, but nothing so long-term as to seriously call into question the wisdom of dependence on foreign sources for critical goods.

And yet, the increasingly bellicose exchanges between Washington and Beijing even prior to the Trump presidency suggest possible difficulties ahead. China has a near monopoly on the world's rare earth metals supply, critical for modern electronic devices, hybrid engines and certain military technology. And, back in 2010 the country reduced its rare earth metals export quota by 40 percent, possibly in reaction to an incident in the East China Sea.

China, of course, is also a major supplier of low-cost solar panels to the world. In addition, it has become a favored manufacturing hub for countless international companies which make everything from simple household items to sophisticated electronic equipment.

China, of course, is only one country of many which have become manufacturing centers for international companies. Mexico, Malaysia, Korea, Japan, and Taiwan come to mind.

The argument against self-sufficiency is that it costs more. If every country does what it does best, everyone will benefit from lower costs and higher quality. But do those low costs embody risks not accounted for such as environmental and security risks?

If something is cheap but you cannot get it because of a trade or diplomatic dispute or possibly even a war between two nations, its low price doesn't matter. And if the expertise to produce this now unavailable product is no longer found elsewhere or in one's own country, then the price will no longer be cheap and the disruption will be proportionate to the importance of the product in the functioning of one's society.

For this reason many countries protect their agricultural sector. Lack of food would be a catastrophic disruption. But does America want to revive its own solar panel industry? Won't the solar and other renewable energy industries become critical to the well-being and security of every nation? And, isn't the distributed nature of renewable energy generation a model to be heeded for the manufacture of devices that produce it?

The difficulty in such deliberations may be trying to separate critical industries from ones which are less important to maintaining the functioning of one's society. And, we must also now admit that humans might not be the cause of the next big disruption in world logistics. Extreme weather could knock out the ability of industries concentrated in particular countries or areas to supply world markets.

Absolutes are dangerous. Even the most ardent advocate for expanding domestic and even regional and local production may crave a cup of coffee or a piece chocolate, something which may be impractical to produce domestically in most places. But the case of America's solar panel imports raises the question of dependence for critical products on faraway producers who could at any time stop shipping their wares both for reasons we can imagine and ones we cannot yet discern.

Kurt Cobb is an author, speaker, and columnist focusing on energy and the environment. He has been a regular contributor to the Energy Voices section of The Christian Science Monitor and is author of the peak-oil-themed novel Prelude. In addition, he has written columns for the Paris-based science news site Scitizen, and his work has been featured on Energy Bulletin (now Resilience.org), The Oil Drum, OilPrice.com, Econ Matters, Peak Oil Review, 321energy, Common Dreams, Le Monde Diplomatique and many other sites. He maintains a blog called Resource Insights and can be contacted at kurtcobb2001@yahoo.com.

Sunday, September 17, 2017

The high cost of an easy-care, low-maintenance world

I may be a member of an endangered species. I prefer a perfect crease in a pair of pants resulting from the use of an actual iron rather than a crease maintained by a toxic brew of chemicals that can make cotton-fiber pants not only "wrinkle-free," but also "stain resistant."

Once you finally get such chemically-enhanced britches dirty, you can put them through a wash augmented by artificial perfumes and other noxious chemicals found in liquid softeners and dryer sheets.

The maintenance of clothing isn't thereby eliminated. It is simply transferred to chemical companies, clothing manufacturers, and purveyors of household products who concoct and apply formulas which require considerable energy to manufacture and deploy. One can adduce many other examples of our obsession with a low-maintenance life. (I will include a few below.) But, I write to contest the whole idea that a low-maintenance existence is in itself a good thing.

In general, entropy obliges us to maintain those objects which serve us. In doing so we must give them attention; we must give them a sort of love. We must become involved with their needs and not only our own.

By abandoning the duty of maintenance we owe to the objects in our lives, we are distancing ourselves from the physical world and essentially sending the entropy elsewhere for someone else to deal with, whether human or non-human.

I used to have an electric razor, the cutting block of which could be sharpened. A jeweler in the building where I worked had the equipment to do it. Later, it was cheaper just to replace the cutting block, and so, equipment that would sharpen it was scarce. Now, a new shaver that I just purchased—after many good years of service from my previous one ended with the motor shutting down—this new one is clearly designed simply as a throwaway.

Yes, there is nothing particularly new about planned obsolescence. But once again the maintenance task has simply been transferred to the landfill operator who must care for the objects we discard. This also shows that we should not conflate low-maintenance with durable.

I am not opposed to durable objects which require little maintenance. But we have created a world of low-maintenance objects which are low-maintenance merely because they are disposable. Sneakers that aren't resoleable are low-maintenance, but not long-lived. On the other hand, well-made wool clothing can last a lifetime with only an occasional cleaning.

In our gardens and on our farms we have transferred the care and maintenance associated with weeding to the world's chemical industry. The consequences of that are not only embedded in our soil, but also in our health care system—and in the degraded ecosystems upon which are lives depend.

Easy care and low maintenance are merely local phenomena. Once we pull back and see the bigger picture, the entropy produced by them creates a maintenance burden on others, on society and on other living organisms and natural systems.

As it turns out, maintenance has gotten a bad wrap. Maintenance is really a form of caring. Modern philosophers bemoan our love of material things. But I believe that we modern, industrialized people do not actually love material things. We wouldn't treat material things the way we do if we truly loved and cared for them.

Instead, the material world has become merely a substrate for our dreams of mastery. We do not want involvement with the material world and all the limitations which that implies. Rather, we want liberation—liberation from its constraints.

We think easy care and low maintenance are steps toward that liberation. But as we have seen, those characteristics only impose maintenance tasks on others and sometimes even rebound to sicken our bodies. More important, they separate us from a material world that should naturally summon our powers of care and concern.

Kurt Cobb is an author, speaker, and columnist focusing on energy and the environment. He has been a regular contributor to the Energy Voices section of The Christian Science Monitor and is author of the peak-oil-themed novel Prelude. In addition, he has written columns for the Paris-based science news site Scitizen, and his work has been featured on Energy Bulletin (now Resilience.org), The Oil Drum, OilPrice.com, Econ Matters, Peak Oil Review, 321energy, Common Dreams, Le Monde Diplomatique and many other sites. He maintains a blog called Resource Insights and can be contacted at kurtcobb2001@yahoo.com.

Sunday, September 10, 2017

The storms are only going to get worse

We are now used to hearing about once-in-a-1,000-year floods. The fact that we are used to hearing about them tells us that they will no longer be rare. In fact, since climate change is at the heart of these events and continues unabated, we can expect that storms practically everywhere will get worse.

That's because as average atmospheric temperatures continue to rise, the atmosphere will hold more and more water vapor. And, as more and more heat gets stored in the oceans, they will provide more and more energy to the storms which pass over them.

Of course, "once in a 1,000 years" only means that the chances are one in a thousand that such a storm will occur this year or the next. In fact, this phrase doesn't actually reflect weather records. As Vox points out, we don't have reliable records going back that far. We have only about 100 years of such records for the United States, and then not for every locale. Beyond 100 years we are guessing about flood severity based on indirect evidence.

Instead of planning based on such long intervals, we will be faced with a moving target—actually a moving target of probabilities—probabilities which are rising in unknown ways at unknown speeds. Even with all of our instruments, models and scientists we cannot keep up with the changing dynamics of an atmosphere continually perturbed by climate change.

But we know the general direction; and what should terrify us is that we cannot really calculate just how bad things will get.

There is a notion afoot that we will simply adapt to climate change. How does one "adapt" to hurricanes such as Harvey and Irma if they become frequent events? If large parts of the industrial plant are shut down for weeks at a time after such a storm—as refineries producing ethylene, the basis for most plastics will likely be after Harvey—how well will the industrial infrastructure function?

We could harden our industrial, commercial and public infrastructure against such storms, but a move like this would be tricky to execute: What exactly should each installation do? And, such a move would be tremendously costly. Besides, as climate change continues to worsen, to what set of conditions are we supposed to adapt our infrastructure assuming we would be willing to spend the money?

Even if we were to decide to spend the money, if the homes of those working in the industrial, commercial and public infrastructure are destroyed or rendered uninhabitable, who is going to show up to work to run those installations after destructive storms?

Adaptation is going to be much harder than simply using more air-conditioning during the increasingly hot weather. (And, of course, in most locations using more air-conditioning will simply lead to more fossil-fuel use at electric generating plants; that will only exacerbate the problem.)

What Harvey and Irma are making clear is that the infrastructure we have built was built for a different climate and is surprisingly fragile in the face of climate change. When some scientists say that our civilization is at risk, this is what they mean. The things we expect to work and work reliably won't. This will include agriculture as climate change turns increasingly negative for food production worldwide.

Without a coherent plan to address climate change, the world will simply lurch from one climate-induced crisis to another. A focus on the immediate disaster will only make things worse as we do little or nothing to adapt to or to mitigate the warming of the globe.

That's the trajectory that the do-nothing crowd has now put us on. Are we so politically hamstrung and propagandized that we will simply allow this? The aftermath of two of the worst hurricanes ever will provide some clues.

Kurt Cobb is an author, speaker, and columnist focusing on energy and the environment. He has been a regular contributor to the Energy Voices section of The Christian Science Monitor and is author of the peak-oil-themed novel Prelude. In addition, he has written columns for the Paris-based science news site Scitizen, and his work has been featured on Energy Bulletin (now Resilience.org), The Oil Drum, OilPrice.com, Econ Matters, Peak Oil Review, 321energy, Common Dreams, Le Monde Diplomatique and many other sites. He maintains a blog called Resource Insights and can be contacted at kurtcobb2001@yahoo.com.

Sunday, September 03, 2017

In media res: Houston, Harvey and the catastrophe of climate change

"In media res" is Latin for "in the middle of things." Frequently, it refers to the literary device of plunging readers into some central action of a story (often an epic) and then filling in the details and background later.

The residents of Houston must have felt that they were plunged into the middle of some epic story as Hurricane Harvey dumped up to 50 inches of rain on them and flooded much of the city. Early estimates suggest that this hurricane could end up being the costliest natural disaster in U.S. history.

Hurricane Harvey is almost certainly an epic story unfolding before our eyes. That means the significance of events and outcomes surrounding the hurricane will only be filled in later--creating analysis, folklore and perhaps even a cultural output on par with that which followed Hurricane Katrina (think: the television series "Tremé").

There will be stories about the failure or success of the emergency response effort. There will be denunciations of those officials who recommended staying put and recriminations of those doing the denouncing. There will be riveting accounts of suffering and also of heroic rescues and exceptional kindness. And, there will be stories of lawlessness and cruelty.

Harvey will almost certainly be styled as a tragedy. The storm is undoubtedly a colossal misfortune, and we should have compassion for those affected. But from a literary standpoint, it is not a tragedy at all. A genuine tragedy requires that the main players be unaware of how their own flawed character is leading them to self-destruction. A genuine tragedy depicts an ineluctable course of events. Nothing and no one could have prevented them. Greek tragedians relied on Ananke, the goddess of fate, to drive the action of their plays.

But humans do know that their actions are leading to climate change--which many climate scientists foretold would result in increasingly destructive storms. Denial of such a link is not the same as ignorance. Denial means the message has been received and recorded, just not accepted.

It is, of course, an irony that the city most associated with the oil and natural gas industry should be struck so fiercely by a climate-change enhanced hurricane. But this should NOT be read as some kind of divine retribution either in the literary or the religious sense. The discovery and use of fossil fuels has long been hailed as the basis for modern prosperity and advances in human well-being the world over. Those involved in such discoveries and the refining and distribution of the output have until relatively recently often been cast as heroes in history, in literature and in film.

More energy--to those who have access to its benefits--has meant longer, healthier lives and rapid development of wondrous technologies which rely on abundant energy supplies for their deployment and operation. The modern technical civilization in which we live relies on continuous high-grade energy inputs in order to function. Without those inputs our society would quickly collapse. If we rail against those who have extracted and refined those fuels for us, we are only railing against ourselves for using them. (On the other hand, if we rail against those who have systematically lied about the climate effects of burning fossil fuels to the public and policymakers, that is another matter.)

It is true that the ravages of climate change have to date fallen disproportionately on those least responsible and least capable of protecting themselves such as island nations now being inundated by rising sea levels and the poor in drought-stricken areas of the world. What Hurricane Harvey is showing us is that climate change will spare no one.

The sadness and destruction inflicted on residents of the Gulf Coast will flicker on television and computer screens for weeks to come. Their misfortune is truly our misfortune--even if we are only capable of feeling it in the price and availability of gasoline.

But we should not mistake misfortune for tragedy--which many of our leaders will almost surely want us to do. They will want to paint Hurricane Harvey as a tragedy. They will use that word again and again, wittingly or unwittingly making Harvey out to be an unforeseen and unforeseeable event for which we humans have no culpability (or at most only a little and therefore hardly worth mentioning).

That takes them and us off the hook for neglecting the causes behind the great misfortune which this storm has become. And, it would encourage us and them to do little to try to mitigate future misfortunes as the catastrophe of climate change descends upon us.

Kurt Cobb is an author, speaker, and columnist focusing on energy and the environment. He has been a regular contributor to the Energy Voices section of The Christian Science Monitor and is author of the peak-oil-themed novel Prelude. In addition, he has written columns for the Paris-based science news site Scitizen, and his work has been featured on Energy Bulletin (now Resilience.org), The Oil Drum, OilPrice.com, Econ Matters, Peak Oil Review, 321energy, Common Dreams, Le Monde Diplomatique and many other sites. He maintains a blog called Resource Insights and can be contacted at kurtcobb2001@yahoo.com.