And Why Are You Wearing That Silly Human Suit?via Overheard in New York, Apr 28, 2009
Suit to man with cat on his head: Why is there a cat on your head?
Man with cat on his head: Why isn't there a cat on your head, douchebag?
--Union Square
Gizmodo: Verizon blocks warranty telemarketers, receives $50,000Those lousy auto warranty robo-dialers are finally going to stop calling Verizon customers as a result of the settlement of Verizon's lawsuit against the two companies.Auto Warranty Services and Explicit Media (Voice Solutions) had both used auto-dialers to call Verizon customers, as well as everyone else, to offer them auto warranty insurance. Verizon sued last year to stop the practice, and just received $50,000, which they will donate to charity. The main part is, of course, that Verizon customers won't be bothered by these two jackass companies anymore.
As print takes its place alongside smoke signals, cuneiform, and hollering, there has emerged a new literary age, one in which writers no longer need to feel encumbered by the paper cuts, reading, and excessive use of words traditionally associated with the writing trade. Writing for Nonreaders in the Postprint Era focuses on the creation of short-form prose that is not intended to be reproduced on pulp fibers.Writing for nonreaders in the postprint era (McSweeney's)
Instant messaging. Twittering. Facebook updates. These 21st-century literary genres are defining a new "Lost Generation" of minimalists who would much rather watch Lost on their iPhones than toil over long-winded articles and short stories. Students will acquire the tools needed to make their tweets glimmer with a complete lack of forethought, their Facebook updates ring with self-importance, and their blog entries shimmer with literary pithiness. All without the restraints of writing in complete sentences. w00t! w00t!
The ideal interest rate for the US economy in current conditions would be minus 5 per cent, according to internal analysis prepared for the Federal Reserve’s last policy meeting.Financial Times: Study puts ideal US interest rate at -5% (27 April 2009)
The analysis was based on a so-called Taylor-rule approach that estimates an appropriate interest rate based on unemployment and inflation.
A central bank cannot cut interest rates below zero. However, the staff research suggests the Fed should maintain unconventional policies that provide stimulus roughly equivalent to an interest rate of minus 5 per cent.
Fed staff separately estimated what size and type of unconventional operations, including asset purchases, might provide this level of stimulus. They suggested that the Fed should expand its asset purchases by even more than the $1,150bn (€885bn, £788bn) increase policymakers authorised at the last meeting, which included $300bn of Treasury purchases.
The assessment that the US central bank needs to provide stimulus equivalent to a substantially negative interest rate is unlikely to have changed ahead of this week’s policy meeting.
More Atheists Shout It From The Rooftops (New York Times)Polls show that the ranks of atheists are growing. The American Religious Identification Survey, a major study released last month, found that those who claimed “no religion” were the only demographic group that grew in all 50 states in the last 18 years.
Nationally, the “nones” in the population nearly doubled, to 15 percent in 2008 from 8 percent in 1990. In South Carolina, they more than tripled, to 10 percent from 3 percent. Not all the “nones” are necessarily committed atheists or agnostics, but they make up a pool of potential supporters.
Local and national atheist organizations have flourished in recent years, fed by outrage over the Bush administration’s embrace of the religious right. A spate of best-selling books on atheism also popularized the notion that nonbelief is not just an argument but a cause, like environmentalism or muscular dystrophy.
[...]
Until recent years, the Secular Humanists of the Lowcountry were local pariahs. Mr. Silverman — whose specialty license plate, one of many offered by the state, says “In Reason We Trust” — was invited to give the invocation at the Charleston City Council once, but half the council members walked out. The local chapter of Habitat for Humanity would not let the Secular Humanists volunteer to build houses wearing T-shirts that said “Non Prophet Organization,” he said.
When their billboard went up in January, with their Web site address displayed prominently, they expected hate mail.
“But most of the e-mails were grateful,” said Laura Kasman, an assistant professor of microbiology and immunology at the Medical University of South Carolina.
The board members meeting in the Kasmans’ living room were an unlikely mix that included a gift store owner, a builder, a grandmother, a retired nursing professor, a retired Navy officer, an administrator at a primate sanctuary and a church musician. They are also diverse in their attitudes toward religion.
Italy's Mafia thrives in global financial meltdown (Associated Press)Naples anti-organized crime prosecutor Roberti said the Camorra has pumped up what once was a kind of cottage industry, with crime clan bosses knitting closer ties with mobsters in China, where fake designer clothing, shoes and accessories are now churned out in factories for the mob.Trafficking in fake designer goods — which investigators suspect the Camorra is also peddling in the United States, France, Britain and Germany — is now becoming more profitable for the Neapolitan syndicate that dealing in cocaine and hashish, said Mainolfi, the customs and tax police general.
He has calculated that for every euro it costs to manufacture the counterfeit designer goods, the Camorra earns 10 euros, while for every euro spent to run drug trafficking, it earns six or seven euros.
The fakes, sold in street stalls and clothing shops in the Naples and Rome areas, arrive by the tons in Naples' sprawling, chaotic port, where custom officials manage to check only some 5 percent of the shipping containers being unloaded, Mainolfi said.
ROYAL BANK OF SCOTLAND VENTURE CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of
credit opened by your brother-in-law at the bank, then execute a
debt/equity swap with an associated general offer so that you get all
four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a
Cayman Island Company secretly owned by the majority shareholder who
sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on
one more.
You sell one cow to buy a new president of the United States, leaving
you with nine cows.
No balance sheet provided with the release.
The public then buys your bull.
Question: What are your top ten products of all time?
Answer:Question: What are your ten worst products of all time?
- Electric Light Bulb
- Japanese Lunch Box(es)
- Mercedes 300 SLR “Uhlenhaut”
- Boeing 707
- Porsche 911
- Apple Macintosh (after the Macintosh SE)
- Arne Jacobsen Chair “3107” by Hansen
- Sony Walkman 2
- Gibson Les Paul Custom Guitar
- Hubble Telescope
Answer:
- Gas-guzzling SUVs
- Neck-pain-causing Notebook computers
- Typical conference chairs and ambiance in hotels
- Software UI on mobile phones
- Most hospital equipment
- Violent video games
- Fake “crafts” products (e.g “Hantcraft” dustpan & brushset)
- Computer accessories requiring 2+ hour installment
- Restaurant table that “kill” your kneecaps
- Myriads of power adapters
Formed in 1971, Liberty now enrolls more than 11,000 residential students, along with thousands more who study through Liberty's distance-learning programs. The university teaches creationism and that the Bible is the inerrant word of God, while pledging "a strong commitment to political conservatism" on campus and a "total rejection of socialism."
Roose's parents, liberal Quakers who once worked for Ralph Nader, were nervous about their son being exposed to Falwell's views. Still, Roose transferred to Liberty for the spring 2007 semester.
He was determined to not mock the school, thinking it would be too easy — and unfair. He aimed to immerse himself in the culture, examine what conservative Christians believe and see if he could find some common ground. He had less weighty questions too: How did they spend Friday nights? Did they use Facebook? Did they go on dates? Did they watch "Gossip Girl?"
It wasn't an easy transition. Premarital sex is an obvious no-no at Liberty. So are smoking and drinking. Cursing is also banned, so he prepared by reading the Christian self-help book, "30 Days to Taming Your Tongue."
He lined up a publisher — Grand Central Publishing — and arrived at the Lynchburg campus prepared for "hostile ideologues who spent all their time plotting abortion clinic protests and sewing Hillary Clinton voodoo dolls."
Instead, he found that "not only are they not that, but they're rigorously normal."
He met students who use Bible class to score dates, apply to top law schools and fret about their futures, and who enjoy gossip, hip-hop and R-rated movies — albeit in a locked dorm room.
A roommate he depicts as aggressively anti-gay — all names are changed in the book — is an outcast on the hall, not a role model.
Ivy Leaguer "infiltrates" Falwell's university (Associated Press, 22 April 2009)
