Monday, August 15, 2011

22:03, 08/14/11 2

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  • TimesPeople recommended an article:
    Aug 13, 2011
    The Elusive Big Idea
    "What the future portends is more and more information — Everests of it. There won’t be anything we won’t know. But there will be no one thinking about it.
    Think about that."
    This is obviously false. Data mining is about extracting facts and trends from the chatter of tweets.
    "And there is the rise of an increasingly visual culture, especially among the young — a form in which ideas are more difficult to express."
    Textual ideas are next to impossible to express pictorially.
    Graphs and data sets are a natural fit as are classes and Ven diagrams. 
    "We are like the farmer who has too much wheat to make flour. We are inundated with so much information that we wouldn’t have time to process it even if we wanted to, and most of us don’t want to."
    Automate. "Too much wheat to make flour" Makes no sense in English
    And less conceptually.
    "In effect, we are living within the nimbus of an informational Gresham’s law in which trivial information pushes out significant information, but it is also an ideational Gresham’s law in which information, trivial or not, pushes out ideas." 
    This is just sloppy thinking. Greshams law applies to hard money.
    http://en.wikipedia.org/wiki/Gresham%27s_law
    "Gresham's law is an economic principle "which states that when government compulsorily overvalues one money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation."[1] It is commonly stated as: "Bad money drives out good", but is more accurately stated: "Bad money drives out good if their exchange rate is set by law.""
    This essay goes down in flames.
    A unifying idea will crystallize a class of information and allow it to be dealt with as a unit rather than as fragments and noise. An example is celebrity or star.
  • TimesPeople recommended a user:
    Aug 13, 2011
    doglover

    • Craig Camp posted to Twitter an article:
      Oct 1, 2010

      Foreclosures Slow as Document Flaws Emerge
      “Foreclosures Slow as Document Flaws Emerge - http://nyti.ms/bdJWmR”
      "Evictions are expected to slow sharply, housing analysts said, as state and national law enforcement officials shine a light on questionable foreclosure methods revealed by two of the country’s biggest home lenders in the last two weeks."
      http://www.nytimes.com/2011/08/15/us/15forage.html?scp=3&sq=foreclosure%20&st=Search
      At Vacant Homes, Foraging for Fruit

      http://topics.nytimes.com/top/reference/timestopics/subjects/f/foreclosures/index.html?scp=1-spot&sq=foreclosure%20&st=Search
      Still waiting for the other shoe.

  • TimesPeople recommended a user:
    Aug 13, 2011
    We have them and will have more.
    We are never prepared for an event.  
    "As I am now soon you will be." from The Spoon River Anthology
    Is the only possible answer.

  • TimesPeople recommended a user:
    Aug 13, 2011
    Carroll Robinson

  • TimesPeople recommended a user:
    Aug 13, 2011
    Phil Allsopp

    • Frans den Broeder commented on a blog post:
      Aug 24, 2009
      How big is $9 trillion?
      "What you have to bear in mind is that the economy — and hence the federal tax base — is enormous, too. Right now GDP is around $14 trillion. If economic growth averages 2.5% a year, which has been the norm, and inflation is 2% a year, which is the target (and which the bond market seems to believe), GDP will be around $22 trillion a decade from now. So we’re talking about adding debt that’s equal to around 40% of GDP. "   P.K.
      "Again, the debt outlook is bad. But we’re not looking at something inconceivable, impossible to deal with; we’re looking at debt levels that a number of advanced countries, the US included, have had in the past, and dealt with."  P.K.
      Think about it this way: The real problem is the nature of this debt, primarily its future geopolitical ramifications. Majority US creditors are China and Middle-East. China will overtake the US economy in size within a decade. With a consistent tradesurplus and increasing huge cashsurplusses. The growing Asian economies, China and India foremost will require enormous amounts of natural resources to sustain their economic growth. Competition for these resources will increase. Guess who'll be in the better corner here? Being the a bigger economy and being the biggest US creditor China will have the US government by its balls. US governent policy can be increasinly manipulated by these countries with a decreasing number of options for the US to respond to it.
      Put Frans back under his bridge as the troll he is.
      China holds fixed interest treasury bonds.  
      They are stuck and know it.
  • TimesPeople recommended a user:
    Aug 13, 2011
    Craig Camp

    • Craig Camp posted to Twitter an article:
      Oct 1, 2010

      Foreclosures Slow as Document Flaws Emerge
      “Foreclosures Slow as Document Flaws Emerge - http://nyti.ms/bdJWmR”
      The fights continue.  The homes are gone even if the occupants are not.
      The rest of it is wishful thinking. 
      The precipitous fall will recommence soon.
      Check the classifieds at the SF Gate.

  • TimesPeople recommended a video:
    Aug 13, 2011
    Final Cut Pro Gets Easier
    http://pogue.blogs.nytimes.com/
    http://pogue.blogs.nytimes.com/2011/06/24/the-quarrel-over-final-cut-continues/
    http://www.nytimes.com/2011/06/23/technology/personaltech/23pogue.html?_r=2
    "Yes, some bugs need fixing, and the “coming soon” features need to come soon. But despite the footnotes, and if you can get past the shock of the new, Final Cut X is already intuitive, powerful and very sweet." P.
    I do not at this time do video.  I feel no need to work that hard.
    http://en.wikipedia.org/wiki/Norman_McLaren

  • TimesPeople recommended an article:
    Holding Rumsfeld Accountable

    "(Sadly, there remains no accountability for the abuse, and torture, of foreigners by American jailers and interrogators, which Mr. Rumsfeld and President George W. Bush personally sanctioned.)"

    We are not yet a Banana Republic.

  • TimesPeople recommended an article:
    Aug 13, 2011
    Starved State Budgets Inspire New Look at Web Gambling
    I will leave the moral issue to the state legislatures and the congress of the U.S.
    The cash situation of the District of Columbia is another matter. It is a government fife and as such has a budget line of its very own. If the Congress does not like the way it is administered they may change it. They must pay its legitimate costs.

  • TimesPeople recommended an article:
    Aug 13, 2011
    The Age of Outrage

    My experience is that Germany does not remember its recovery from the second world war.
    They, like the G.O.P., Believe their good fortune is the result of their own good sense and moral behaviour.
    Others bad fortune must then in some way be the result of others moral turpitude
    and foolishness. That a zero sum game is in progress lies in a self generated blind spot.
    Roger Cohen needs to put down his Torah and read the paper he writes for.

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  • TimesPeople recommended an article:
    Aug 13, 2011
    A Theory of Everything (Sort of)

    I refuse to deal with Thomas Friedman at two in the morning.

    The cause he seeks is a misapprehension of the mechanism of the social contract.
    This has been built over the last century and a half, maybe a bit more, in response to the French revolutions. 
    There is a great deal of learning to be done and we have been refusing to do it for twenty years.  
    I do not know what the price will be.

  • TimesPeople recommended a blog post:
    Aug 13, 2011
    There's a Better Approach to H.I.V. Prevention - Room for Debate
    We have to provide resources so that young gay black men have shelter, counseling and access to drug treatment if they test positive.
    I have no difficulty with the description of the problem.
    The approach to a solution is wrong.
    The Black homosexual self image must change.  These are valuable persons to themselves and to others.  Their nihilism brought on by the potential rejection by the extant institutions is the problem I see.
    Remunerative and socially supported institutions must be found or built.   This is probably the problem of the gay community.
    Again, I do not know how to help.

  • TimesPeople recommended a user:
    Aug 13, 2011
    Frans den Broeder

    • Frans den Broeder commented on a blog post:
      Aug 24, 2009
      How big is $9 trillion?
      "What you have to bear in mind is that the economy — and hence the federal tax base — is enormous, too. Right now GDP is around $14 trillion. If economic growth averages 2.5% a year, which has been the norm, and inflation is 2% a year, which is the target (and which the bond market seems to believe), GDP will be around $22 trillion a decade from now. So we’re talking about adding debt that’s equal to around 40% of GDP. "   P.K.
      "Again, the debt outlook is bad. But we’re not looking at something inconceivable, impossible to deal with; we’re looking at debt levels that a number of advanced countries, the US included, have had in the past, and dealt with."  P.K.
      Think about it this way: The real problem is the nature of this debt, primarily its future geopolitical ramifications. Majority US creditors are China and Middle-East. China will overtake the US economy in size within a decade. With a consistent tradesurplus and increasing huge cashsurplusses. The growing Asian economies, China and India foremost will require enormous amounts of natural resources to sustain their economic growth. Competition for these resources will increase. Guess who'll be in the better corner here? Being the a bigger economy and being the biggest US creditor China will have the US government by its balls. US governent policy can be increasinly manipulated by these countries with a decreasing number of options for the US to respond to it.
      Put Frans back under his bridge as the troll he is.
      China holds fixed interest treasury bonds.  
      They are stuck and know it.
      A copy.
       
http://www.nytimes.com/2011/08/15/opinion/the-texas-unmiracle.html?hp

"If this picture doesn’t look very much like the glowing portrait Texas boosters like to paint, there’s a reason: the glowing portrait is false."
"So when Mr. Perry presents himself as the candidate who knows how to create jobs, don’t believe him. His prescriptions for job creation would work about as well in practice as his prayer-based attempt to end Texas’s crippling drought." P.K.

I intend to read the funnies and go to bed.





















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