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Badomero Schoulund
Sometimes, in the line of duty, we encounter some unique challenges. While most of our repair and installation work takes place on land, there are occasions where we are called out onto the water as well.
In this recent example, we were contacted by the Operations Manager of a marina in Bayview who needed us to look at a glass sliding door lock on a syndicate boat they manage. The companionway hatch lock needed some urgent repairs and, unfortunately, there were no parts available for this particular lock which presented us with a dilemma.
Monterey, CA prices are Higher than the U.S. National Average. Affordable off-post housing is limited. Rental properties in the Monterey Peninsula area range from $2400 for an unfurnished one-bedroom apartment to $5000 for a house in some cases prices can be higher or lower. Make sure you ask if pets are allowed on the property if you have a pet. the rentals that do allow pets will typically have a pet charge between $100 and $250 with an additional pet deposit. Generally, expect to pay the first and last month's rent, up front, or a deposit plus the rent. Remember if you have pets to ask and get that approved before signing any contract. It is best to take your lease agreement to base legal for a review prior to signing it.
Currently there are approximately 87 staff (permanent Party), and approximately 1500 plus service members (students), attending NPS that consist of officers from the five U.S. uniformed services, officers from approximately 30 other countries and a small number of civilian employees. Monterey, county. Population 432,977 . Population changes often due to Military PCS.
Approximately 1,500 plus students are currently attending Naval Postgraduate School. The student body consists of officers from the five U.S. Uniformed Services and approximately 30 other countries in addition to 87 permanent party staff members. Selection of officers for fully funded graduate education and is based upon outstanding professional performance as an officer, promotion potential and a strong academic background. The faculty the majority of which are civilians are drawn from a broad and diverse background of educational institutions and represents a prestigious group of scholars. Faculty and student interaction is high and recommended. Every class is taught directly by a faculty member, over 99% of whom have a Ph.D. Contact the Deans Office at 831-656-2291 for more information on classes, or go to the website at nps.edu.
Before World War II one of the finest luxury hotels in North America, the Hotel Del Monte, occupied the present site of the Naval Postgraduate School. From the time railroad pioneer Charles Crocker first opened the hotel in June 1880, it was an immediate success. Fire completely destroyed the hotel in 1887, but the second Hotel Del Monte rose promptly at the same location and was more splendid than its predecessor. In the early morning of September 27, 1924, fire again devastated the central wooden structure of the hotel. Reconstruction was again immediate and the more modern building continued to make the Del Monte one of the showplaces of the world.
In December 1951, in a move virtually unparalleled in the history of academe, the Postgraduate School moved lock, stock and wind tunnel across the nation, establishing its current campus in Monterey, Calif. The coast-to-coast move involved 500 students, about 100 faculty and staff and thousands of pounds of books and research equipment. Rear Adm. Ernest Edward Herrmann supervised the move that pumped new vitality into the Navy's efforts to advance naval science and technology.
Government transportation is not furnished from any of the above airports to NPS. Taxi/shuttle service is available. Taxi - metered rates apply. Arrange for Monterey/Salinas shuttle service if you fly into SFO or SJO). Shuttle - Monterey/Salinas Airbus call 831-373-7777.
There is a military shuttle once daily from OMC to the Presidio of Monterey. It departs from the Stilwell Community Center at 0607 and returns in the evening departing from POM at 1729. There is also the following service by the Monterey-Salinas Transit on POM, OMC and the Naval Postgraduate School:
The Monterey Peninsula Airport is the closest airport to the NPS and the Presidio of Monterey. Transportation from the airport to the installation is by rental car, public transportation, or taxi. The Monterey Peninsula Airport does not have USO facilities. Airports with USO lounges are the San Francisco International Airport and the Mineta-San Jose International Airport. The USO Lounge at the San Francisco International Airport is located on the mezzanine floor of the main terminal above the United Airlines ticket counters. It is open 24 hours daily. The USO Lounge at the Mineta-San Jose International Airport is open seven days a week, from 8 a.m. to 8 p.m.
An alternate route to Monterey from the north is Highway 101 South to the Monterey Peninsula exit near Prunedale (Highway 156 West). This five-mile road leads to Highway 1 South and on to Monterey. You'll drive by Marina, Fort Ord and Seaside. Continue along Highway 1 to the Del Monte exit. Follow Del Monte until you approach the Fisherman's Wharf intersection. Move to the left, and follow this route past Portola Plaza Hotel on your right until you can turn left onto Pacific Street. At next intersection. To DLI turn right on Franklin and follow it through the Franklin Street Gate. Taylor Hall building 616 will be the first building to your left after the stop sign inside the gate. Report there during duty hours or to Rasmussen Hall building 614 during non-duty hours. Rasmussen Hall will be the first large building to your right after the stop sign.If you are going to NPS take pacific street down to aguajito follow that down to mark Thomas dr and turn left, at the light turn left onto Sloat and NPS will be on the right.
If you're approaching from the east or southeast, use Interstate 5 North. Follow I-5 to the Highway 152 West connection to Highway 156. Travel along Highway 156 to Prunedale, then by Marina, Fort Ord and Seaside into Monterey. Use the directions for approaching NPS or the Presidio following the alternate route from the north given above. If you need help please contact 831-656-3060.
You will need Valid military credentials for access to all military instillations. Transit riders without credentials will be required to de-board before the security gate. Naval Postgraduate School Travel Office Phone Number can be located at 831-656-2041 for the Commuter transit lines serving Naval Post Graduate School:
In fairness, these predictions were all over the board and forecasting is an inexact science. The 2024 consensus, however, was for a distinct slowdown in economic activity and lower interest rates led by a series of Fed rate cuts. We also are only halfway through the year so a lot remains to be seen going forward into the 3rd and 4th quarter. My view has been and continues to be a little outside the box. I believe that we are experiencing a general commonplace economic cycle but that it is not unfolding at the pace the market anticipates it should. We are emerging from a very extraordinary circumstance in the pandemic. Businesses were shut down and unprecedented government aid, backstops, debt deferral/forgiveness, and money infusions have held the economy up. Full employment and wage increases allowed consumer spending to remain resilient which also aided in deferring a recession. The yield curve remains inverted but its predictive consistency should not be ignored. Recessions typically occur months after the curve reverts to a normal slope.
The midyear report card is good (for the economy, not for pundit/investor predictions). GDP has remained strong. Steady high employment and wage increases have allowed consumer spending to stay resilient and thus have been translated into strong corporate earnings. Consumers have performed their role in sustaining the economy. Both the S&P and Dow Jones Industrial Average are hovering around historic highs. Raised housing prices have given consumers a sense of inflated wealth.
The gross domestic product measures the final market value of goods and services produced and as indicated in the chart, it has held up, undeniably beating expectations and inspiring optimism. The wealth effect is more than psychological. Investors in the stock markets have benefitted from soaring stock prices. Investors buying individual bonds have gained an advantage with purchases that will benefit from elevated income returns.
The final section of the chart expresses part of the scope of worry. Huge consumer savings that were built during the pandemic have been depleted and then some. The general consumer savings balance is below long-term averages. Worse, consumer debt is at historic levels. Housing has been brought to its knees with high mortgage rates keeping homeowners with low mortgage rates locked into their current homes, and potential buyers unable to afford swollen mortgage payments created by elevated rates.
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