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Induction Bearing Heater is now available for hire from Nybro. This innovative machine allows for the efficient and accurate heating of bearings and parts for shrink fit installations. Induction heating is far superior to traditional methods of heating. Methods such as Oil Baths have been proven to be dangerous with a strong possibility of catching fire, emitting smoke and toxic fumes plus contaminating the bearing. Direct heating will damage the bearing material and Conduction heating can also be ineffective because it is difficult to heat the bearing evenly. Its uses costly propane or acetylene and is known to be inaccurate and inefficient. Finally, Press fits are not always suitable; some bearings can only be fitted properly using a shrink fit.On Friday, New England sports radio station WEEI fired its long-time morning co-host Gerry Callahan.
What a shame.
If you wanted a dose of sports and a dependable conservative take on politics, you found a home with Gerry Callahan.
He wasn’t an in-your-face personality like Donald Trump, but it’s hard to think of anyone in sports who was more of a fan of The Donald.
Callahan was a fact-driven analyst for the forgotten fan—the fan tired of paying 500 bucks to bring his family to see a ballgame.
And he was tired of the elites running sports and politics, like U.S. Senator from Massachusetts, Elizabeth Warren.
Unfortunately, the suits running Entercom, which owns WEEI, had the final say, and chose to “clean” up the show.
What a shame, because Gerry Callahan was its heart and soul.
There is a future for Callahan in whatever it is he chooses to do.
I’d like to see him in politics.
You remember Scott Brown? He was the guy who drove a truck and ran for—and won—the U.S. Senate seat for Massachusetts. He won the so-called “Ted Kennedy” seat in one of the biggest upsets in politics. Scott famously told supporters that the seat wasn’t Ted Kennedy’s at all, but in fact was the “people’s seat.”
I’d like to see Gerry Callahan run for governor of Massachusetts and replace Republican (RINO) Charlie Baker, whose elitist attitude is embarrassingly anti-Trump.
I could see Gerry Callahan running with the support of Scott Brown and Donald Trump.
And winning.
Never in Massachusetts?
Callahan’s winning would most certainly give him the last laugh over leadership at WEEI, and help make Massachusetts great again.
Originally posted on Your Survival Guy.RBA's recession fight not over yet
The recession might have technically ended by one crude measure, but for the Reserve Bank of Australia its recession-fighting toolkit is about to shift into uncharted territory.
When RBA deputy governor Guy Debelle told a Senate committee on Tuesday that "it looks like the September quarter for the country probably recorded positive growth rather than slightly negative", the recession was declared over by some commentators.
But dig deeper into the numbers and you will soon realise the economy is still in a deep rut, even if it is beginning to recover from the ravages of COVID-19 and lockdowns.
Economic output shrank a massive 7 per cent in the June quarter. Mathematically, it's not difficult to recover to a positive growth number from that low ebb and limp out of a technical recession.
Even if the national economy managed to eke out slightly positive growth in the three months to September 30 during the second Victoria lockdown, economic output is still likely to be more than 6 per cent below its pre-COVID-19 levels.
RBA Governor Philip Lowe does not expect interest rates to rise for at least three years. Rhett Wyman
The nation's effective unemployment rate – including people working zero hours on JobKeeper – is about 9.5 per cent, and in Victoria it is 14 per cent, Treasury says.
There are about 4 million people either on the JobKeeper wage subsidy or JobSeeker unemployment benefit, and a wave of business bankruptcies is about to hit as government supports and insolvency shields phase out.
The top priority of both the government and RBA is to get the jobless rate down as quickly as possible.
This is mainly a job for fiscal policy and structural economic reforms, because the RBA has already fired most of its traditional monetary ammunition.
ANZ chief executive Shayne Elliott says rate cuts will not increase demand for credit because borrowing costs are already extremely low. It will put more money in borrowers' pockets but people are likely to save the windfall, he says.
"Providing even more liquidity, I'm not sure what that solves," Elliott says.
Nevertheless, when the RBA board gathers next Tuesday, it will embark on historic and unprecedented further monetary stimulus measures to complement the Morrison government's heavy lifting.
The RBA's package of measures will almost certainly incorporate at least five measures to further lower borrowing costs for the private sector and governments, as well as putting downward pressure on the Australian dollar to support local jobs.
First, there will be a token trim in the overnight cash rate target to 0.10 per cent, from 0.25 per cent.
Second, the rate paid on commercial bank deposits in exchange settlement accounts at the RBA will be reduced to 0.01 per cent, from the current 0.10 per cent.
Third, it will lower the three-year yield curve control (YCC) target on Commonwealth government bonds to 0.10 per cent, from 0.25 per cent.
Fourth, the interest rate charged on super-cheap three-year loans to commercial banks through the novel $200 billion Term Funding Facility (TFF) will be cut to 0.10 per cent, from 0.25 per cent.
Aligning the overnight cash rate at 0.10 per cent with the three-year interest rates for the YCC target and TFF would give credibility to governor Philip Lowe's pledge that interest rates are not expected to rise for at least three years.
Fifth, the RBA will resort to more radical quantitative easing (QE) like other central banks, by buying billions of dollars of longer-dated Commonwealth and state government bonds with tenors of between five and 10 years.
Even though this will lower government borrowing costs, the RBA will maintain a charade that it is not financing ballooning budget deficits. It will not directly buy the debt from governments and instead purchase the bonds in secondary financial markets.
Some RBA watchers have speculated the RBA could opt for a five-year yield target, but this seems very unlikely. Lowe has not hinted he would extend the yield target beyond three years.
Moreover, it is not workable to have both a quantity and yield target on the same tenor of bonds and the RBA would be aware the Bank of Japan ran into problems attempting this.
The big yet-to-be-revealed decision is what dollar quantity of long-term government bonds the central bank will purchase and over what time.
Market economists are tipping the RBA to commit to QE bond purchases of between $6 billion and $12 billion a month.
It would not surprise if the QE program was linked to the bank's No. 1 objective of reducing unemployment.
Expert coverage of Australia's public sector.
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