Putt Past Poverty Golf Tournament set Aug. 24

Catholic Charities of Idaho is hosting a golf scramble Aug. 24 at Sage Lakes Golf Course. The organizers are looking for people who want to play and for team sponsors.

All proceeds from the tournament will directly benefit participants in the Individual Development Account Program.

Individual development accounts are matched savings accounts that help people of modest means save towards the purchase of a lifelong asset, such as a home or education and job training. Accounts match the deposits of low-income participants into special savings accounts. In addition to earning match dollars, participants learn about budgeting, saving, and purchasing an asset.

Compared to peers not participating in an IDA, research on the outcomes of IDA programs show that participants are:

• Twice as likely to attend college
• 35% more likely to own home
• Less likely to receive public assistance
• Less likely to go into foreclosure 

To find out more about the tournament and CCI, visit this link: http://ccidaho.org/golf2013/

Is growth ending? And if it is, how do we adjust?

While waiting for phone calls to be returned, I ran across this article on the New York Magazine web site.

The Blip

As a baby boomer and student of history, it's a subject that interests me. The questions it asks is "What if everything we've come to think of as American is predicated on a freak coincidence of economic history? And what if that coincidence has run its course?"

I wrote some comments in response to it, which I'll share below. But I'd recommend you read the article first.

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Our expectations of growth and prosperity are based on what happened during a very brief period of history, 1948 to 1973. During this time, Japan and Germany were rebuilding from the rubble they'd been bombed into during World War II. Our main competition was military and ideological, Communism in the Soviet Union and Red China. We enjoyed a fantastic standard of living. Business and organized labor were essentially partners in the great scheme of things.

Things began to change in the early '70s. Suddenly Germany and Japan had new factories and infrastructure, while ours was aging. To cover the costs of Vietnam and the Great Society, Nixon floated the dollar, undoing the Bretton Woods Accord of 1944. Automation became more prevalent. Americans began feeling the pinch.

No one likes to give up gains they have made. Our reaction was to pitch headlong into borrowing. Who had a credit card in 1970? Businessmen with expense accounts mainly. By the end of the decade they were being pitched to everyone (my first Bank Americard, in 1979, had an astounding limit of $500.)

In addition to the extension of credit came the decline of manufacturing and the embrace of consumerism as the economy's driving engine. Baby boomers entering the workforce embraced easy credit as essential to their standard of living.

That was as unsustainable as the postwar prosperity was, and 2008 was when it finally hit the wall. We were like a single engine plane flying up a mountain canyon. The higher we got, the thinner the air got and the less pulling power the plane had. If the head wall is too tall, you smack into it.

I would say the American Century was essentially 25 years, 1948-1973, the same quarter-century the Baby Boomers were born and raised. We expected to live twice as we'll as our parents and borrowed recklessly to sustain the illusion that we were. Younger generations I believe are going to have more tempered expectations, and that's probably a good thing.

I liked this quote in particular: “I strongly believe if we understand the end of growth, we can make provisions for the economy we actually have.”

First Street Stinker station torn down; new store scheduled to open after Labor Day

Crews from Bateman-Hall Construction began tearing down the Stinker Station at First Street and Holmes Avenue around 7 this morning. As you can see, the gas pumps and canopies will be left where they are, but the parking lot will be repaved. The Boise-based chain is planning to open the new store shortly after Labor Day, said Charley Jones, who bought the Boise-based chain more than ten years ago and has since expanded it.

Gathering moss: Topiary elk goes green near Memorial Drive roundabout

Diane Albertson, a horticulturist in the city of Idaho Falls' Parks and Recreation Department, adds moss to an elk sculpture near the roundabout on Memorial Drive. The bronze topiary sculpture is by Jason Brown, and is the first of a series funded by a $4,000 grant from the Maxine Elliott Foundation. Albertson said the project was begun in June, and that they eventually hope to do three or four.

INL named winner of 2013 R&D 100 award

The Idaho National Laboratory has been named a 2013 winner of the R&D 100 award, hosted each year by R&D Magazine.

The award comes for Switchable Polarity Solvent Forward Osmosis, which purifies industrial wastewater, offering significant benefit to the environment in water-intensive industrial processes such as fracking for oil and gas.

Awards will be presented in Nov. 7 at a banquet in Orlando, Fla.

The technology cleanses industrial wastewater by using the switching qualities of selected specialized thermolytic salts (a class of catalysts) purifying water from extremely concentrated solutions. These can contain salts, organics, inorganics, biologics and many other materials. 




Once the water is drawn through a specialized semi-permeable membrane, the diluted solute is exposed to low-grade heat, which causes the thermolytic salts to release carbon dioxide and switch to an oily insoluble material. This oily material is physically separated from the water, permitting its reuse.

In addition to INL, several national labs were recognized this year for their work. Follow this link for a full list: http://www.rdmag.com/award-winners/2013/07/2013-r-d-100-award-winners.

Here is a link to the YouTube video explaining the process: http://www.youtube.com/watch?v=NrXqKAlQC-Q#at=97.