There are some Italian seismologists who had to go to jail this year that probably think they deserve "Most Incorrect Law Enforcement Action Of The Year" award.
How long before the sno-cone and CCTV lobbies pressure Senator Coburn to retract his report? We can only hope that those lobbies are not as influential as the RIAA and MPAA.
I think you're allowed to simultaneously hold diametrically opposed positions as long as you do it on opposite sides of the earth. Dubai and NZ may qualify.
Mike, eschewing the label of a journalist, as you are quick to do, does not excuse you from neglecting to mention that the patent also covers snow kitty and puppy variants. This could be important to some readers who wish to avoid infringing.
"Instead, what's wrong with just letting the market price decide how trustworthy the debt is?"
I can tell you what's wrong with that in two words: Bear Stearns. Here are some market prices for a share of Bear Stearns common stock:
Jan 2007 - $172
Feb 2008 - $93
Mar 12, 2008 - $60
Mar 14, 2008 - $2
The market had no idea of the real value of Bear Stearns. Any existing theory of efficient market pricing was utterly invalidated in 2008. While Bear Stearns is the most egregious example of this failing, it is not alone.
The value revealed by markets merely indicate the price level at which trades will be made. Those trading levels are often wildly unrelated to the underlying value of the thing being traded. In fact, the trade levels are also opinion. They are the current opinions of the buyers and sellers. Those opinions in aggregate ("the market") are no more prone to valuation accuracy than the opinions of the rating agencies. In fact the ratings agencies can at least expose their algorithms and methodologies to the scrutiny of an auditor. The motivations behind most trading is a mystery.
Mike IS right in that the detailed investment approaches for those acting on behalf of the public should not be dictated by statute. However, perhaps the best investment advice and guidance for pensions and trusts would be caveat emptor.
These backyard movie screens clearly have only one purpose: copyright infringement. After all, the neighbors (and other invited guests who have not paid an appropriate license fee) might see!
I agree that most of the cyberwarfare hyperbole is unwarranted. However, you've written about your interest in the Stuxnet story. Wouldn't you classify that incident as a cyberwarfare attack, and isn't that the prototype attack of the future that we should begin to seriously contemplate? That is: an attack conducted via computer code that causes damage in real life?
Tons of websites reporting gobs of Facebook generated traffic. News organizations observing the wild popularity of Facebook and the new importance of social media. Investors jumping over each other to jam money into the pockets of Facebook equity holders...and you say "stunning that Facebook has not implemented its own fix"? Yeah, "stunning" that Facebook hasn't shut that loop down.
S.O.P.
The Jacksonville Jaguars have had tarps in place for the past eight seasons. They got the idea from baseball's St. Louis Cardinals:
http://jacksonville.com/sports/football/jaguars/2012-07-08/story/jaguars-still-trying- tackle-tarps
Tim, you ignorant slut!
There are some Italian seismologists who had to go to jail this year that probably think they deserve "Most Incorrect Law Enforcement Action Of The Year" award.
Retraction in 1, 2, 3...
How long before the sno-cone and CCTV lobbies pressure Senator Coburn to retract his report? We can only hope that those lobbies are not as influential as the RIAA and MPAA.
Exception
I think you're allowed to simultaneously hold diametrically opposed positions as long as you do it on opposite sides of the earth. Dubai and NZ may qualify.
Next Up?
Will Russia be the first country to make VPNs illegal? It seems like the next logical step for a regime with this mindset.
Me too, please!
I wish my company could suffer "irreparable harm" and still carry a market cap of $553 billion.
Say What?
The Constitution has a 4th Amendment you say?
Yeahhh!!!
It's, it's a courtroom blitz.
Not Bashful
I put WolframAlpha to the test:
http://www.wolframalpha.com/input/?i=what+is+the+best+search+engine
Death Nell?
Could this be the beginning of the end to the dot com/net/org prevalence on internet? How many dot coms are registering dot co.uk right now?
Clowns
FYI - Bozo the Clown hosted the Bozo show. Glad I could help.
What about snow pets?!
Mike, eschewing the label of a journalist, as you are quick to do, does not excuse you from neglecting to mention that the patent also covers snow kitty and puppy variants. This could be important to some readers who wish to avoid infringing.
The Free Market Is Broken
"Instead, what's wrong with just letting the market price decide how trustworthy the debt is?"
I can tell you what's wrong with that in two words: Bear Stearns. Here are some market prices for a share of Bear Stearns common stock:
Jan 2007 - $172
Feb 2008 - $93
Mar 12, 2008 - $60
Mar 14, 2008 - $2
The market had no idea of the real value of Bear Stearns. Any existing theory of efficient market pricing was utterly invalidated in 2008. While Bear Stearns is the most egregious example of this failing, it is not alone.
The value revealed by markets merely indicate the price level at which trades will be made. Those trading levels are often wildly unrelated to the underlying value of the thing being traded. In fact, the trade levels are also opinion. They are the current opinions of the buyers and sellers. Those opinions in aggregate ("the market") are no more prone to valuation accuracy than the opinions of the rating agencies. In fact the ratings agencies can at least expose their algorithms and methodologies to the scrutiny of an auditor. The motivations behind most trading is a mystery.
Mike IS right in that the detailed investment approaches for those acting on behalf of the public should not be dictated by statute. However, perhaps the best investment advice and guidance for pensions and trusts would be caveat emptor.
Um...
Somebody might have to break the news to the folks at Open Air Cinema that their products are most likely illegal.
http://www.openaircinema.us/
These backyard movie screens clearly have only one purpose: copyright infringement. After all, the neighbors (and other invited guests who have not paid an appropriate license fee) might see!
Hmm
Mike,
I agree that most of the cyberwarfare hyperbole is unwarranted. However, you've written about your interest in the Stuxnet story. Wouldn't you classify that incident as a cyberwarfare attack, and isn't that the prototype attack of the future that we should begin to seriously contemplate? That is: an attack conducted via computer code that causes damage in real life?
And in related news...
...VPN subscriptions skyrocket.
And in related news...
...VPN subscriptions skyrocket.
Hmm...
Tons of websites reporting gobs of Facebook generated traffic. News organizations observing the wild popularity of Facebook and the new importance of social media. Investors jumping over each other to jam money into the pockets of Facebook equity holders...and you say "stunning that Facebook has not implemented its own fix"? Yeah, "stunning" that Facebook hasn't shut that loop down.
Wait, what?
Did Obama promise transparency IN government or FOR government?
Re: Fools...
How else would you account for the success of:
HeadOn, Airborne, rubber magic balance bracelets, copper arthritis bracelets, magnet healing therapies...
Catering to fools can be highly lucrative.