The John Batchelor Show

Friday 1 July 2016

Air Date: 
July 01, 2016

Photo, left: 
 
JOHN BATCHELOR SHOW
 
Hour One
Friday  1 July 2016 / Hour 1, Block A: Jim McTague, Barron’s Washington, in re:  10-Year Treasury Yield Touches Record Low  Yields on U.S. government bonds fell to new lows on Friday, the latest record in this year’s rally in sovereign debt.  Why Treasurys Made Such a Sharp MoveSinking Rates a Boon for U.S. Companies  ;  Auto Sales Poised for Their Best June in 11 Years
European Cities Battle for London’s Finance Crown  Following the U.K.’s vote to leave the European Union, London’s position as the continent’s premier financial center is under threat, and officials in Paris, Frankfurt and Dublin aren’t wasting time in trying to hasten its downturn.   U.K.’s Gove Vows to Limit Immigration ;  Osborne Abandons U.K. Budget-Surplus Target
Friday  1 July 2016 / Hour 1, Block B:  Josh Rogin, Washington Post, in re:  https://www.washingtonpost.com/opinions/global-opinions/obama-proposes-new-military-partnership-with-russia-in-syria/2016/06/29/8e8b2e2a-3e3f-11e6-80bc-d06711fd2125_story.html  ;  https://www.washingtonpost.com/opinions/global-opinions/satellite-imager...
Friday  1 July 2016 / Hour 1, Block C:  John Tamny, RealClearMarkets, & Forbes, & author; in re:  After His Globalization Speech, Trump Can No Longer Be Taken Seriously   http://www.realclearmarkets.com/articles/2016/06/30/donald_trump_is_eith...  (1 of 2)
Friday  1 July 2016 / Hour 1, Block D:  John Tamny, RealClearMarkets, & Forbes, & author; in re:  After His Globalization Speech, Trump Can No Longer Be Taken Seriously   http://www.realclearmarkets.com/articles/2016/06/30/donald_trump_is_eith...  (2 of 2)
 
Hour Two
Friday  1 July 2016 / Hour 2, Block A: Michael E Vlahos, Johns Hopkins, in re:  https://theintercept.com/2016/07/01/nato-general-emails/  ; http://www.cnn.com/2016/07/01/asia/taiwan-fires-missile-on-china/index.html  ;  https://www.youtube.com/watch?v=5Qc8jJ0TjSY   (1 of 2)
Friday  1 July 2016 / Hour 2, Block B:   Michael E Vlahos, Johns Hopkins, in re:  https://theintercept.com/2016/07/01/nato-general-emails/  ; http://www.cnn.com/2016/07/01/asia/taiwan-fires-missile-on-china/index.html  ;  https://www.youtube.com/watch?v=5Qc8jJ0TjSY   (2 of 2)
Friday  1 July 2016 / Hour 2, Block C:   Brian Blase, Mercatus, & Forbes, in re:  ACA 2014 Older, Sicker, Cagier Enrollee.   Our findings show that the individual QHP market exhibited significant adverse selection (a disproportionately high percentage of less healthy enrollees in the insurance risk pool) in 2014—despite premiums that were artificially lower because of a large back-end subsidy program geared toward this market. The findings suggest that the small group market, which contains features that limit adverse selection, initially weathered the ACA’s torrent of regulations and price controls while the individual market did not. Since insurers’ losses selling individual market QHPs more than doubled from 2014 to 2015, adverse selection appears to be worsening as implementation moves forward.   http://www.forbes.com/sites/theapothecary/2016/06/28/new-study-obamacare-enrollees-twice-as-expensive-as-other-individual-market-enrollees/#367409bd42df
The  study:  http://mercatus.org/publication/affordable-care-act-turmoil-large-losses-individual-market-portend-uncertain-future   (1 of 2)
Friday  1 July 2016 / Hour 2, Block D:  Brian Blase, Mercatus, & Forbes, in re:  ACA 2014 Older, Sicker, Cagier Enrollee.   Our findings show that the individual QHP market exhibited significant adverse selection (a disproportionately high percentage of less healthy enrollees in the insurance risk pool) in 2014—despite premiums that were artificially lower because of a large back-end subsidy program geared toward this market. The findings suggest that the small group market, which contains features that limit adverse selection, initially weathered the ACA’s torrent of regulations and price controls while the individual market did not. Since insurers’ losses selling individual market QHPs more than doubled from 2014 to 2015, adverse selection appears to be worsening as implementation moves forward.   http://www.forbes.com/sites/theapothecary/2016/06/28/new-study-obamacare-enrollees-twice-as-expensive-as-other-individual-market-enrollees/#367409bd42df
The  study:  http://mercatus.org/publication/affordable-care-act-turmoil-large-losses-individual-market-portend-uncertain-future   (2 of 2)
 
Hour Three
Friday  1 July 2016 / Hour 3, Block A: Alexander Jones, NYU, in re:  Scientists decipher purpose of mysterious astronomy tool made by ancient Greeks Inscriptions on Antikythera Mechanism suggests it was mechanical computer used to track the Sun and Moon
"Now we have texts that you can actually read as ancient Greek, what we had before was like something on the radio with a lot of static," said a team member, Alexander Jones, a professor of the history of ancient science at New York University.  http://www.cbc.ca/news/technology/antikythera-mechanism-1.3628648  ( of 2)
Friday  1 July 2016 / Hour 3, Block B:   Prof Alexander Jones, NYU, in re:  Scientists decipher purpose of mysterious astronomy tool made by ancient Greeks Inscriptions on Antikythera Mechanism suggests it was mechanical computer used to track the Sun and Moon
"Now we have texts that you can actually read as ancient Greek, what we had before was like something on the radio with a lot of static," said a team member, Alexander Jones, a professor of the history of ancient science at New York University.  http://www.cbc.ca/news/technology/antikythera-mechanism-1.3628648  ( of 2)
Friday  1 July 2016 / Hour 3, Block C:  Hotel Mars, episode n.  David Livingston, The Space Show, and Daniel Adamo, independent astrodynamcs consultant,  in re:  The Jet Propulsion Laboratory: A small asteroid has been discovered in an orbit around the sun that keeps it as a constant companion of Earth, and it will remain so for centuries to come. As it orbits the sun, this new asteroid, designated 2016 HO3, appears to circle around Earth as well. It is too distant to be considered a true satellite of our planet, but it is the best and most stable example to date of a near-Earth companion, or "quasi-satellite."
"Since 2016 HO3 loops around our planet, but never ventures very far away as we both go around the sun, we refer to it as a quasi-satellite of Earth," said Paul Chodas, manager of NASA's Center for Near-Earth Object (NEO) Studies at the Jet Propulsion Laboratory in Pasadena, California. "One other asteroid -- 2003 YN107 -- followed a similar orbital pattern for a while over 10 years ago, but it has since departed our vicinity. This new asteroid is much more locked onto us. Our calculations indicate 2016 HO3 has been a stable quasi-satellite of Earth for almost a century, and it will continue to follow this pattern as Earth's companion for centuries to come."  http://www.jpl.nasa.gov/news/news.php?feature=6537
. . . In the plot I provided, the extreme "Leading Earth" and "Trailing Earth" conditions for HO3 occur when its orbit period most nearly matches Earth's about the Sun.  If, immediately prior to a period-match, HO3's period has been less than Earth's, and extreme Leading Earth condition arises, as it does on the plot between 2008 and 2013.  We're currently in an interval with HO3's orbit period greater than Earth's, and that will result in an extreme Trailing Earth condition between 2028 and 2033 per the plot.  Is that what you're saying about HO3's motion over the next 25 years?
And, yes, other NEOs do exhibit similar patterns.  Most come much closer to Earth (otherwise, chances of discovering ones smaller than HO3's estimated 25-113 m diameter would be very unlikely), but they don't hang around as long as HO3 does.  For example, NEO 2013 BS45 circulates around the entire circumference of Earth's Sun-centered orbit but never crosses the Sun-Earth line.  This is called a "horseshoe orbit", and it takes about 160 years to play out in BS45's case.
Friday  1 July 2016 / Hour 3, Block D:   Hotel Mars, episode n.  Anatoly Zak, Russian Space Web & author, Russia in Space, The Past Explained, the Future Explored, in re: http://www.russianspaceweb.com/proton-light.html   and  The Russian Plan to Spin Off a New Space Station from the ISS (Popular Mechanics)  One more big problem for the space station is that Russian efforts to complete its segment of  . . .
 
Hour Four
Friday  1 July 2016 / Hour 4, Block A:  Robert Zimmerman behind the black, in re:  Hubble images Jupiter and its aurora   Cool image time! In anticipation of the arrival of Juno in orbit around Jupiter on July 4, scientists have released a spectacular image of Jupiter and its aurora, taken by the Hubble Space Telescope. The image on the right has been reduced slightly to fit on the webpage. The main focus of the imaging is the aurora.
To highlight changes in the auroras, Hubble is observing Jupiter almost daily for several months. Using this series of far-ultraviolet images from Hubble’s Space Telescope Imaging Spectrograph, it is possible for scientists to create videos that demonstrate the movement of the vivid auroras, which cover areas bigger than the Earth.
Not only are the auroras huge in size, they’re also hundreds of times more energetic than auroras on Earth. And, unlike those on Earth, they never cease. While on Earth the most intense auroras are caused by solar storms — when charged particles rain down on the upper atmosphere, excite gases, and cause them to glow red, green, and purple — Jupiter has an additional source for its auroras.  The strong magnetic field of the gas giant grabs charged particles from its surroundings. This includes not only the charged particles within the solar wind, but also the particles thrown into space by its orbiting moon Io, known for its numerous and large volcanos.
I have embedded below the fold one of the videos of the aurora, taken over time by Hubble. Quite amazing.  (1 of 2)
Friday  1 July 2016 / Hour 4, Block B:  Robert Zimmerman behind the black, in re: Space engineering.  
Hubble images Jupiter and its aurora   Cool image time! In anticipation of the arrival of Juno in orbit around Jupiter on July 4, scientists have released a spectacular image of Jupiter and its aurora, taken by the Hubble Space Telescope. The image on the right has been reduced slightly to fit on the webpage.
The main focus of the imaging is the aurora.
To highlight changes in the auroras, Hubble is observing Jupiter almost daily for several months. Using this series of far-ultraviolet images from Hubble’s Space Telescope Imaging Spectrograph, it is possible for scientists to create videos that demonstrate the movement of the vivid auroras, which cover areas bigger than the Earth.
Not only are the auroras huge in size, they’re also hundreds of times more energetic than auroras on Earth. And, unlike those on Earth, they never cease. While on Earth the most intense auroras are caused by solar storms — when charged particles rain down on the upper atmosphere, excite gases, and cause them to glow red, green, and purple — Jupiter has an additional source for its auroras.  The strong magnetic field of the gas giant grabs charged particles from its surroundings. This includes not only the charged particles within the solar wind, but also the particles thrown into space by its orbiting moon Io, known for its numerous and large volcanos.
I have embedded below the fold one of the videos of the aurora, taken over time by Hubble [ http://hubblesite.org/newscenter/archive/releases/2016/24/video/ ]. Quite amazing.  (2 of 2)
Friday  1 July 2016 / Hour 4, Block C:   Daniel Sutter, economist,  Troy University, & Mercatus Center in re:  Politics, Not Patient Needs or the ACA, Are Main Driver of Medicaid Cost Explosion
New Mercatus Center at George Mason University study:  Medicaid’s costs have skyrocketed from an inflation-adjusted $5.3 billion in 1970 to $449 billion in 2013. The main reason may surprise you, according to new Mercatus Center at George Mason University research.
The number-one driver of Medicaid’s explosive cost growth is not the Affordable Care Act (ACA)’s program expansion, nor even the considerable medical needs of poor Americans. It’s simple politics. After a thorough review of the evidence on the growth of Medicaid spending, Troy University economist Daniel Sutter finds that its financial structure causes policymakers to cater to powerful interests rather than to taxpayers or fiscal restraint.  (1 of 2)
Friday  1 July 2016 / Hour 4, Block D: Daniel Sutter, economist,  Troy University, & Mercatus Center in re:  Politics, Not Patient Needs or the ACA, Are Main Driver of Medicaid Cost Explosion
New Mercatus Center at George Mason University study:  Medicaid’s costs have skyrocketed from an inflation-adjusted $5.3 billion in 1970 to $449 billion in 2013. The main reason may surprise you, according to new Mercatus Center at George Mason University research. The number-one driver of Medicaid’s explosive cost growth is not the Affordable Care Act (ACA)’s program expansion, nor even the considerable medical needs of poor Americans. It’s simple politics.
After a thorough review of the evidence on the growth of Medicaid spending, Troy University economist Daniel Sutter finds that its financial structure causes policymakers to cater to powerful interests rather than to taxpayers or fiscal restraint.  (2 of 2)
 
..  ..  ..