Today we saw who John Airbus McCain picked for as his Vice Presidential candidate.  The selection of Alaska Governor, Sarah Palin effectively negates further discussion about Barack’s so-called lack of experience.  The talking heads are say that at the end of the day it’s who is at the top of the ticket that folks will be voting for.  That is true, but I think that misses something very important.

Amazingly, in the past several months I’ve been called a racist 3 times, more than anytime in my life!  The first time was when the Jeremiah Wright thing broke out and I defended the guy, I was called bigoted against whites.  Then, just the other I was called first "pro-Black" then "racist against whites" because I favored Barack Obama over that walking museum piece from Arizona.  Now, today, the conservative economic blog site, Carpe Diem, is labeling people like me racist for demanding things be made in this country!

Yesterday I had hit on the situation going on with the automakers.  Originally, I had intended to include some other stories, but the first piece was large enough (perhaps too large?) that I realized that I had to push the other pieces. Well, as promised, we got some interesting stuff. First on the auto front a cool piece on zero emission cars.  Next we got fallout from biofuels and water preservation.  Third, it seems the Chinese aren’t so thirsty for the black stuff right now. Lastly could the current woes Australia’s mining sector tell us something?  

Greetings folks, the start of new week and thus we kick off another episode of Manufacturing Monday!  Never a dull moment when it comes to covering stuff that either goes into the products you buy, or the impact that that consumption leads to. Now originally, I had these other items on bio-fuels, hydrogen cars, China and oil, and a few other things.  But I see now that my section on the bailout of the US automakers is so big, that the whole thing is too long.  So, if it is OK with you, I will post those items tomorrow.  

The contrarian in me is screaming that Reuters’ recent piece on food prices is the food inflation equivalent to Businessweek’s famous “Stocks are dead” headline from a 1982 issue.  Yet another piece is whispering in my hear “baby, it ain’t over yet!”  

For anyone whose read my pieces in the past, knows that I hold a certain disdain towards former Reagan White House OMB Associate Director/conservative-libertarian Ayn Rand acolyte Larry Kudlow.  It’s nothing personal against the guy, it’s his ideas and economic policy objectives that I find fault with.  For the past couple of months, he’s been going on about this is the “Goldilocks economy.”  Essentially, that we’re worrying about nothing because one bad economic indicator is being offset by a good one (mind you, he’s often just used productivity as that one).  Well today, despite his claims that all is almost well, we got some news that just proves Larry Kudlow wrong!  

Greetings ladies and gentlemen to the latest episode of Manufacturing Monday. Couple of interesting things to discus today, and some interesting numbers to watch this week.  First we have what appears to be a new take on price fixing by manufacturers.  Next we explore the recent collapse in the price of grains. Our last piece is a story from the Financial Times where companies and groups are hiring the very element that help drive up their costs, speculators, to well…sorta fight speculators.  Kinda reminds me of those old westerns where they hire a gunfighter to take on the baddie.  Finally, as mentioned, there are numbers we’re watching, the Producer Price Index being released tomorrow, Jobless claims and the Philadelphia Fed Survey on Thursday.

Yesterday my aunt in Arizona and I got into our usual squabble about politics and world events.  She’s an nice woman, a retired nurse that sadly has drunk the kool-aid John Airbus McCain has put out.  Well today she sent me an email with the subject line “John McCain would handle Russia”.  You can pretty much guess what the whole email was about.  At first I thought I would respond with highlight the usual deficiencies in neo-con foreign affairs.  Then it hit me, what’s going between Georgia and Russia was indeed because of neo-conservative foreign policy!    

Greetings folks, welcome to another edition of Manufacturing Monday.  Sorry about last week, it’s normally my goal to have a new edition out on the first day of the week, but sometimes life can be unpredictable and throw you a curve ball. Well, several interesting things this week ranging from manufacturing activity to California looking to gain Tesla’s plants.  Plus the Financial Times reports on China dethroning the US from it’s Manufacturing title.

While the media is pouring over the whole Edwards affair, Russia has been sending in military forces into Georgia.  Now I grant you, what John Edwards did was horrible, and I feel for his wife.  But the media has a responsibility to report all the news and to focus on events that will have greater impact on its viewers.

Maybe I’m nuts or unhinged or maybe I’m not. Perhaps its stress or the nerves acting up.  I need to lay off watching the news and politics.  Though something tells me I’m not gonna shake off this feeling I keep getting. Maybe some of you have felt this weird sense of dread too.

(Author’s note: Much thanks to Bondad for the data, without him, I could not complete this. )

It seems Congress is looking into getting the tax code to work in bringing jobs here.  Also, on the inflation front, Dow Chemical is reporting that material costs have become a financial tumor.  Folks, welcome to another edition of Manufacturing Monday!