Michael B. Duff

Lubbock's answer to a question no one asked

links for 2010-10-09

  • "The schemes generally involved the payment of kickbacks to purportedly corrupt pension fund managers or stockbrokers, who would use their clients' accounts to purchase the publicly traded stock," the SEC said in a statement.
    (tags: finance crime)
  • "The average American doesn't realize how much of the laws are written by lobbyists." Schmidt made this remark last week. While he expressed shock at how Washington works, he neglected to mention that Google spent $1.34 million last quarter on lobbyists–an increase of 41% year-over-year–and as much as $2.72 million in the first half of 2010. If lobbyists are writing the laws, then Google is certainly dropping enough dough to make sure it's controlling the pen.
  • So the cover hs a close-up on a burning peace flag and a Delmore Schwartz quote – ‘Time is the school in which we learn, time is the fire in which we burn' – and it all blossoms from there. […These stories] are designed to be told over and over again. If you were an Aboriginal kid or a tribal shaman, that's what you'd do, you'd participate in the recycling of old stories, the ‘revamping' of characters and scenarios, the explaining away of plot holes. Some to the job with more skill than others, but if you work with Marvel, DC or other companies' pulp fiction characters, you're basically repainting pictures of the ancestors on cave walls.
    (tags: comics)
  • Many homes with plaster and lath walls were held up by wood wrapped in chicken wire. When modern homeowners try to live the wireless life, they find terrible Wi-Fi coverage, because the wire is spaced in just such a way to create a perfect shield against Wi-Fi frequencies (sometimes called a Faraday cage.
    (tags: wireless)
  • That special airs the week before their latest Christmas special, which features Superman and Santa reenacting the famous race between Supes and the Flash.
    (tags: humor tv starwars)
  • Democratic operatives in New Jersey are turning on Congressman John Adler (D-NJ-3). Due to “ethical qualms” they have revealed the Adler campaign is behind the bogus “NJ Tea Party” candidacy of Peter DeStefano.
  • "Students are my slaves. I make them spend hundreds of dollars to buy the books I write."
  • When proponents say TARP "made money," they are narrowly referring to the infusion of funds into banks. The taxpayers have still lost money on the entire deal, because the slight profits on the bank investments have been dwarfed by the injections into AIG and the auto industry.
    (tags: economics tarp)
  • "Some men can learn almost indefinitely; their capacity goes on increasing until their bodies begin to wear out. Others stop in childhood, even in infancy. They reach, say, the mental age of ten or twelve, and then they develop no more. Physically, they become men, and sprout beards, political delusions, and the desire to propagate their kind. But mentally they remain on the level of schoolboys."
  • New E3 trailer is AWESOME.
  • After reporting that a "Verizon compatible" iPhone would be produced by Apple for the nation's largest wireless carrier, the Wall Street Journal revised its report on the subject. It now says that production of a Verizon iPhone–similar to the iPhone 4 and based on an "alternate" technology–will begin at the end of this year. It is being produced by Pegatron Technology Corp., the contract manufacturing subsidiary of Taiwan's Asustek Computer. Shipments are expected in the first quarter of 2011.
  • May have finally solved the RSS import problem into Facebook. If these links become annoying to you, please let me know. I may go back to the "one post a day" format.
  • Or better yet, imagine a factory that’s called a tank factory but they don’t produce any tanks. They just pay people to pretend to make tanks. But they pay the workers a lot. There’s zero unemployment, the work force is expanding and people have a lot of money. Would that economy prosper? All that spending and all that income. Surely it would thrive! But it wouldn’t. If you put enough people in the factories pretending to make tanks, there’s less stuff to buy out in the rest of the economy. You’d be poorer as a group. Not as poor as when you actually built the tanks. And not as poor as when people died in real fighting. But you’d still be poorer if lots of people were working in the fake factories.
    (tags: economics)
  • First breath (spoken with hat in hand): “Please lend us plenty of money. It’ll help us to ‘stimulate’ our economy so that it’ll grow.”

    Second breath (spoken on the record at a ‘summit’ of ‘leaders’): “How dare you lend us so much money! You are keeping our economy from growing!”

    Third breath (spoken loudly and self-righteously on the campaign trail): “Elect me and I will protect us innocent Americans from the scheming, greedy, and devilish Chinese!”

Written by Michael B. Duff

October 9, 2010 at 23:02

Posted in Uncategorized

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