Tuesday, April 29, 2008
Saturday, April 26, 2008
Thursday, April 24, 2008
Wednesday, April 23, 2008
America suffers from a national schizophrenia on education. Everybody thinks it's a good idea to get an education, but displaying that education is looked on as a sin. Knowing how to do a better job for the country and explaining it with clear and thorough reasoning, rather than offering up ignorance spiced with tired stock phrases and pithy platitudes, may ultimately turn out to be disqualifying."
More here at Daily Kos, and be sure to read the comments.
Tuesday, April 22, 2008
Monday, April 21, 2008
V: Say they not cottage pie, in their own tongue?
J: But nay, their tongues, for speech and taste alike
Are strange to ours, with their own history:
Gaul knoweth not a cottage from a house.
V: What say they then, pray?
J: Hachis Parmentier.
V: Hachis Parmentier! What name they cream?
J: Cream is but cream, only they say le crème.
V: What do they name black pudding?
J: I know not;
I visited no inn it could be bought.
Sunday, April 20, 2008
Friday, April 18, 2008
Right Brain 44%
You are more left-brained than right-brained. Your left brain controls the right side of your body. In addition to being known as left-brained, you are also known as a critical thinker who uses logic and sense to collect information. You are able to retain this information through the use of numbers, words, and symbols. You usually only see parts of the "whole" picture, but this is what guides you step-by-step in a logical manner to your conclusion. Concise words, numerical and written formulas and technological systems are often forms of expression for you. Some occupations usually held by a left-brained person include a lab scientist, banker, judge, lawyer, mathematician, librarian, and skating judge.
Your complete evaluation follows below:
Your left brain/right brain percentage was calculated by combining the individual scores of each half's sub-categories. They are as follows:
Your Left Brain Percentages
61% Sequential (Your most dominant characteristic)
14% Reality-based (Your least dominant characteristic)
Your Right Brain Percentages
37% Concrete (Your most dominant characteristic)
16% Fantasy-oriented (Your least dominant characteristic)
Wednesday, April 16, 2008
First, Gross World Product growth has accelerated — from 2.9 percent in the 90s to almost 5 percent in recent years, according to the IMF. All of this is because of growth in emerging economies, largely China.
Second, world oil production has stalled — after growing around 1.6% a year in the 90s, it’s been basically flat for the last three years.
So we’ve got rapidly growing demand due to industrialization in Asia colliding with stagnant supply, basically because oil is getting hard to find. (The demand shock is probably even bigger than the GDP number suggests, because China’s economy is highly energy-inefficient).
And the demand for oil is price-inelastic — that is, it takes big price increases to persuade people to use significantly less.
There’s probably more to the story, but that seems to be the basic thrust. And it seems to be a recipe for rising prices for a long time to come.
This is what peak oil is supposed to look like — not Oh My God We’ve Just Run Out Of Oil, but steady pressure on the economy and the way we live from rising energy prices and their consequences. And it doesn’t matter much whether we’re literally at the peak, or whether production can rise by a few million more barrels a day; unless there are big sources of oil out there, we’ll be feeling peakish for the foreseeable future."
"Oil experts said it was the biggest find anywhere in the world for at least seven years, could yield a total of 8bn barrels of light crude and represent 40% of the oil ever found in Brazil and would push Brazil's reserves into the global top 10. Comparisons to Saudi Arabia may be over-optimistic though. Brazil's total reserves will rise to about 20bn barrels as a result of the discovery, compared with Saudi Arabia's 260bn, whose daily production is four times that of the Brazil."
Assuming 75million barrels produced per day (based on the numbers in this table), then this find is the equivalent of 107 days of world production, ie. three and a half months. Not a lot is it.
Tuesday, April 15, 2008
Great movie.. based on 'one hell of a true story'.
A film based on the legendary speed bike racer from New Zealand named Burt Munro. He set numerous land speed records for motorcycles with engines less than 1000cc at the Bonneville Salt Flats in Utah in the late 1950s and into the 1960s. Many of his records still stand to this day.
Monday, April 14, 2008
Saturday, April 12, 2008
But the fancy-dress gorilla suits of the past aren't made anymore. Even the patterns to sew your own are out of print. That's a tragedy.
In October 2008, you will have the opportunity to make your very own gorilla suit to your own specifications at a two-day workshop.
If you'd like more information about the upcoming Gorilla Suit Construction Workshop, click here!
I so wish I could go to this..
Thursday, April 10, 2008
Wednesday, April 09, 2008
Tuesday, April 08, 2008
It portrays the internal politics the dreadful lack of planning and basically the sheer arrogance of an administration seemingly desperate to go to war no matter the cost.
Which leads me on to an article by Tom Englehardt entitled 'American Grand Delusions' at TomDispatch.com.
Read the entire article which is a little long, but entirely worth it.
He concludes, "And yet, as long as we mistake ourselves for "the natives," as long as we are convinced that our interests are paramount everywhere, and feel that we must be part of the solution to every problem, our problems -- and the world's -- will only multiply."
Finally, one more article where I segue Bush's War in Iraq with the current financial crisis. From the Guardian, Joseph Stiglitz argues 'A leadership deficit lies at the heart of the financial storm'.
He concludes, "Given where we are, the downturn is likely to be the worst in at least the last quarter century, probably since the Depression. But the US has more than just a trade and fiscal deficit; it has a leadership deficit. The result is likely to be a downturn longer and deeper than need be. And the whole world will suffer."
Monday, April 07, 2008
Saturday, April 05, 2008
Friday, April 04, 2008
Take a break. And still the voices in your head. traderfeed
Recession started in Q4 2007 bigpicture
Consumer debt highest since 1992 bloomberg
The 5 stages of the credit crunch ftalphaville
KAL's cartoon economist
Resisting impulses leads to success nytimes
Testing times for athletes economist
The great inflation cover-up cnn
Tsukiji under threat economist
Thursday, April 03, 2008
- Those who sleep in the fetal position are thought to be tough on the outside but sensitive and even shy on the inside. 41% of people (mostly women) sleep in this position.
- Those who lie on the their side with their arms down tend to be sociable and trusting.
- Those who lie on their sides with their arms in front are often open but somewhat cynical.
- Those who lie on their backs with their arms at their sides tend to be quiet and reserved.
- Those who who lie on their stomachs with their arms up by their heads tend to be brash
- Those who lie on their backs with their arms by their heads make the best friends.
Wednesday, April 02, 2008
So take your pick..
Ten Reasons for investors to be optimistic.
"The pessimism is overdone. The odds are that the current financial crisis is winding down and equity markets will stage a come-back over the remainder of 2008."
Bear Market rallies only delay the day of reckoning.
"Every slump is punctuated by exuberant bursts of optimism, known to traders as "bear market rallies". Japan had four false dawns during its long slide into the abyss. Such bounces can be intoxicating."
USD/JPY 101.80, Gold 888, Oil 100.75 and I have no idea what to do next..
"These are extraordinary times and markets are likely to be whipsawed for the foreseeable future, interrupted by periods of calm that give way to a fresh round of drama. But for the moment, ours is a fluid period."