The John Batchelor Show

June 15, 2012

Air Date: 
June 15, 2012

Friday 905P Eastern Time: .Satyajit Das, in Australia, in re: Germany and the possible total meltdown.  Did well rolling cars off the line and down to Italy and Spain. No longer.  Economy €2.8 trillion euros; will lose 40% in a year. Germany has been mfrg essential investment goods; have been lending tot he people who buy their goods -a Ponzi scheme; and sell almost 60% in Europe and almost 40% in eurozone. Were selling 5% to China, which is now very soft.  The global slowdown radically affect Germany's economy.  Trade makes up 13% of US economy. Banking systems are still linked, which will cause trouble for US banks. S&P 500 - 40% from overseas, much of it from now-weak Europe.  Everybody;s trying to weaken its own currency;not everybody can have the weakest currency.  Greek vote will be indecisive; all parties want varying degrees of renegotiation of the treaties and Germany and France will accommodate to some degree. If Greece doesn't solve it, will revert to a technocratic govt and we'll all just bumble toward the precipice.

Friday 920P Eastern Time:  .Randy Kennedy, NYT art correspondent, in re: Greeks fail archaeology, Minoan pottery at risk. Kythera is about 6 hours by boat southeast of Athens.  Antiquities Department staff has shrunk radically.  Looting and museum security are issues. Also damage done to archaeological sites by weather (riverbank collapse around Minoan pottery shards, e.g.) or human development.
Friday 935P Eastern Time: .Ty Rogoway,, in re: Happy 50th birthday, B-52 - a flying arsenal.   Need a new system.  F-35 is a troubled aircraft. The F-117A.
Friday 950P Eastern Time:  .Dan Henninger, WSJ, in re:  what European youth are dong with the financial crisis and falling jobs: going to Brazil.
Friday 1005P (705P Pacific Time):  .Jim McTague, Barron's Washington, in re: The US economy weakens. Manufacturing and and consumer sentiment and retail sales and industrial output all soft and down.
Friday 1020P (720P Pacific Time):  .Bud Weinstein, Southern Methodist University, in re: Obama Administration fails in Gulf; the permitting slows recovery.
Friday 1035P (735P Pacific Time):  .Laura Huggins, PERC and Hoover, in re: commercial fishing and the commons: how Namibia does it right and the US does it wrong. 
Friday 1050P (750P Pacific Time):  .Bob Zimmerman,, in re: Voyager leaves Solar System. China launches astronaut crew with one female.  X-37B returning.
Friday 1105P (805P Pacific Time): .Simon Romero, NYT, in re: Brazilian indigenous peoples vulnerable to development.
Friday 1120P (820P Pacific Time): .Claudia Rosett, FDD, in re: UN Committee on Information includes all the major tyrannies and censors.
Friday 1135P (835P Pacific Time): .Richard Epstein, Hoover, in re: the Armour case and what it says of a lazy SCOTUS.
Friday 1150P (850P Pacific Time):  .Richard Epstein, Hoover, in re: Nobel laureate in economics, R.I.P.  What it means.
Friday/Sat 1205A (905 Pacific Time):  .Bill McGurn, WSJ, in re: Romney vs. Obama--en Español. The challenger can note that, in 2007, then-Sen. Obama helped kill immigration reform
Friday/Sat  1220A (920 Pacific Time): .Gretchen Morgenson, NYT, in re: the return of swaps in the municipal market and what it means for costs. 
Friday/Sat  1235A (935P Pacific Time):  .Juliette Kayem, Boston Globe, in re: suicide deaths exceed combat deaths in Afghanistan. What it means.
Friday/Sat  1250A  (950P Pacific Time): Henry Miller, Hoover, in re: POTUS says economy is doing fine. Is it in medical fields?