At the moment, money is being sucked out of the financial system, bringing the threat of deflation. But for James Howard Kunstler, the only question is when the new money being pumped in by the Fed will exceed the amount that has disappeared. James says we could see serious inflation - and a slump in the US dollar - before the end of 2009.

This from Whiskey & Gunpowder:

This is the “other shoe” that a lot of people are waiting to drop. Right now we are caught up in a compressive debt deflation as mortgages stop “performing” and loans of all kinds are welshed on. Since money is loaned into existence, and a great many loans are not being repaid, then a lot of money is going out of existence. That’s what I mean when I say that capital is leaving the system.

At the same time, the Federal Reserve has made

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It is a common thought in the worlds of business and engineering that success can create greatness, and that is a reason why Hybrid retains quality engineers like Ron “Hollywood” Cervin. The work and ideas of Cervin and other engineers at Hybrid are leading a revolution that will change the way the world views electric vehicles. The effort of Cervin and others will help change the landscape of all the vehicles on the road and help to save the environment one car at a time.

Ron Cervin has always expressed an interest in automobiles. He got his start in the aerospace industry, working on projects such as space shuttles, F-14 fighters, T-46 trainers, A-10 aircraft, B2 bomber, and the Stealth fighter, but soon decided to pursue his true passion, automobiles. Before making the switch, Ron facilitated revisions to designs and blueprints on aircraft as well as machining

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General Dynamics Corp. (GD) reported third-quarter results in late October. Earnings per share of $1.59 topped the year-prior $1.34 and exceeded analyst estimates by 7%. Revenues jumped 4.5% to $7.1 billion on a year-over-year basis.

Company Description

General Dynamics operates in four main business segments. Aerospace designs, develops, manufacturers and services a comprehensive offering of advanced business-jet aircraft. Combat Systems is a global leader in producing, supporting and sustaining land and expeditionary combat systems for the U.S. military and its allies. Marine Systems designs, builds and supports submarines and a variety of surface ships for the U.S. Navy and commercial customers. The Information Systems and Technology group offers a breadth and depth of technology and service capabilities that support a wide range of government and commercial needs, including systems integration expertise; hardware and software products; and engineering, management and support services.

Read the latest Zacks Equity Research Report on

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ICx Technologies, Inc. (NASDAQ: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, recently announced the company’s financial results for the third quarter ended September 30, 2008. ICx Technologies reported quarterly revenue of $45.0 million, compared to $34.2 million for the corresponding quarter one-year earlier. Net loss for the quarter totaled $0.11 per share, compared to a net loss of $0.95 per share in the third quarter of 2007.

Additionally, the company announced that it has been awarded a system-engineering, analysis and integration contract by the U.S. Army Research and Development Engineering Command Acquisition Center, with an estimated value of up to $711 million over seven years. This Joint Nuclear, Biological, Chemical Reconnaissance System (JNBCRS) is a critical program for the U.S. military and provides joint forces with a toolkit to identify, evaluate and respond to nuclear, chemical and biological threats.

The company’s chairman

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Energy is in the forefront of discussions in the US government and with consumers. Everyone seems to be seeking information on how to conserve energy, find alternative sources of energy, and new methods to store energy. Axial Vector Energy Corporation (AXVC.PK) is a company that owns, develops, and licenses proprietary intellectual property. The company has applied the technology to create smaller and more-lightweight internal combustion engines that produce more horsepower and three-times more torque than traditional engines of the same size.

At this time, Axial is developing the client-base for four separate technologies: a multi-fuel engine, a marine/aviation “gas cam” engine, 200kilowatt GENSETS, and a line of highly efficient small electric motors that can be used for major appliances. The line of small electric motors use two opposing pistons for each cylinder that move in a smooth linear motion, distributing a balanced and

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Brite-Strike Tactical Illumination Products, Inc., makers of high-tech illumination devices for police and government use as well as for personal self-defense, announced today that its “Lightning Strike” Personal Protection System will be featured in this year’s prestigious Frontgate Christmas catalog. The company’s “Tactical Blue-Dot” flashlight is already the top selling product at its price point in the high-end Herrington Catalog.

Brite-Strike president, Glenn Bushee, commented on the increased demand for self-defense products. “In tough economic times, such as now, the number of robberies and assaults rise dramatically, which increases the demand for all our products. This product, for the money, may be the most effective defensive tool available for women today, particularly in preventing assaults and rapes.”

The personal defense gift set includes a powerful, but compact, tactical flashlight, with the patented tactical touch hi-low-strobe switch, a leather holster, and a personal

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This bit comes from Rose Gottemoeller in the Moscow Times: Obama and Medvedev would do well early in their relationship to make some policy decisions that would sharply break with Cold War patterns. For example, although Obama would not have assumed command of the U.S. military when Russia's naval flotilla completes its exercises off Venezuela in mid-November, he could suggest that the Pentagon invite the Russian commanders to stop off at Central Command in Florida before their return to Russia. The purpose of the stop would be to discuss urgent issues that are engaging both navies, such as the piracy that is running rampant off Somalia. And Medvedev, although he would have to push back against Kremlin hard-liners, could recommend that Moscow and Washington have some urgent issues to work on together with Tbilisi. Smuggling through South Ossetia has been a persistent problem, and it has at times involved that most ...

Most products that are used every day are taken for granted in their simplicity. Turn the product on and it should work. What is involved in making that product go, especially if it is an electronic product, is rarely considered. Understanding the process of what actually makes a product work, through the use of electricity, can lead to a solid and stable investment opportunity, even if the overall concept of energy is an esoteric one.

Conolog Corp., a designer, manufacturer and distributor of electronic and electro-magnetic sub assemblies, works to supply equipment involved in converting electrical signals into mechanical energy and mechanical energy into electricity. In a simple sense, the company makes products that control and protect electricity at its basic level.

Conolog Corp. got its start manufacturing guidance and other components for the US military. Since that time the company has manufactured guidance systems and other components for some of

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Headquartered in Calgary, Alberta, and trading on the OTCBB, Mine Clearing Corp. is developing a technology business focusing on the scanning, mapping, and removal of buried landmines. The Company is developing a sensor-based proprietary system that they project will be approximately three times faster and cost fifty percent less than existing best-in-class demining methods.

Mine Clearing Corp.’s mission is to free countries held hostage by landmines. They are working to facilitate economic and social re-development of contaminated areas, as well as reclaim non-contaminated areas that are sitting idle. By providing mine removal services to nations, Non-Governmental Organizations (NGOs), and industrial and commercial interests they believe that they can be a leader in a potential $4 to $5 billion annual market.

The Company bases their system on four proprietary technologies. These are Patented Sensors, a customized Unmanned Airborne Vehicle, proprietary Scan-to-Map GPS Software, and a patented Hand Held Scanning Device.

Concerning the Patented Sensors,

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American Technology Corporation (NASDAQ: ATCO), announced an upswing of growth and record revenues of more than $11 million for its fiscal year ending Sept. 30. This provider of “directed sound” products and technologies that place sound where it is needed says its strong figures are mainly due to robust sales of its LRAD-X technology (Long Range Acoustic Device). ATC also expects $3.8 million in fourth quarter revenues, an increase of about 140% over 4Q 2007.

“The significant investment we made in our LRAD-X product line and technology in the first half of the fiscal year began paying off in the second half,” said Tom Brown, American Technology president and CEO.

That payoff would be to the tune of $6.5 million in revenues for the last two quarters of FY 2008, an increase of 40% over the first two fiscal quarters.

According to the company, LRAD-X acoustic hailing and warning devices (AHDs) are the

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