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Chris Reed posted a link
Wednesday at 2:17 pm - via Reshare - Link
Sorry, folks..... We need money for our schools.... But we'll keep the shrimp cocktail at 99 cents....:-) - Chris Reed
It'd be awesome if they built a hotel with slots and tables themed for different charities and causes. You could play blackjack at the Breast Cancer table and know that 10% of the take would go to breast cancer research. There could be a Las Vegas Schools table and a Rainforest table and Cardiac Slots and SETI craps tables... - Kevin Fox
I can't wait for the gambling charity wars. It's Catholic Church vs. Planned Parenthood. People throwing their empty glasses at people in the other isles. - Cyrus Lendvay
Yeah, I was thinking about RNC vs DNC. The two tables would, naturally, be on opposite sides of the aisle. - Kevin Fox
Vegas doesn't need money for schools. A large uneducated population is to the advantage of Las Vegas. The last thing they want are people that are good at math. - Kevin D. White
They're actually one of the last tourism destinations to do it. Local munis have been jumping on this all over the country. One problem. The economy. Numbers are way down .... except NY and FL - which are both drawing foreign visitors because of the decline in the dollar. - Charlie Anzman
@Kevin White: Come on... You don't want me to make stereotypes about Salt Lake City, do you? - Chris Reed
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Economics: Morton Fox posted a link
Avoid Dollar `At All Costs,' Investor Rogers Says
Tuesday at 2:12 pm - via Reshare - Link
Chris, Morton Fox what are you buying instead of saving dollars? - Adam Thorsen
I haven't done anything yet, but have been thinking GLD, USO, and a Euro money market. - Chris White
His comments today echo the themes in his latest book ``A Bull in China: Investing Profitably in the World's Greatest Market,'' in which he tells investors to get out of the dollar, teach their children Chinese and buy commodities. - silpol
I have some physical gold and silver. I also bought GLD, IAU, CEF, SLV, and an assortment of oil and coal stocks. - Morton Fox
Diversification is always important but it pretty rare for the US economy to be down and the rest of the world to be up. Investing some money in Asia & Europe is a good idea but pulling out of the dollar completely doesn't make a lot of sense. - Kevin D. White
I'm almost all US cash right now. I wish I had been smarter and followed my gut back at the beginning of the year, but at least I wasn't in stocks. I think financial advisors are changing their tune regarding commodities and currency diversification. It used to be only 5% was advised, but now it should be a lot more to combat devaluation and inflation. If you are in the stock market, you are doubly screwed because the market is down, and the market is in dollars, which is also down. - Chris White
The Dow is at about 8960 if you account for the fall of the dollar since Oct 2007. - Chris White
they say EU will be hit too - gas prices in UK will start to grow seriously in August, and apparently contineet will follow... - silpol
for those with (almost) all cash in USD it might make sense to move part into renewable energy, like wind electricity etc - silpol
The ECB has been pursuing an anti-inflationary monetary policy, while the Fed has not. In addition, gas prices in Europe are already at above $9 per gallon in USD. The price of oil is a global commodity currently priced at $144 per barrel in USD. The fact that the euro has been continually outpacing the dollar keeps their oil prices down compared to ours. - Chris White
Most of my 401(k) has been in foreign funds for the last several years and has consistently done better than the US funds. - Oliver Ortega Chua
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Chris Reed posted a link
Report: U.S. 'preparing the battlefield' in Iran - CNN.com
Monday at 3:06 pm - via Bookmarklet - Link
Uh oh..... "President Bush and Vice President Dick Cheney have rejected findings from U.S. intelligence agencies that Iran has halted a clandestine effort to build a nuclear bomb" - Chris Reed via Bookmarklet
WTF? No. No no no no no no. This is not an option. We are NOT doing this. - Carla Thompson
God protect us from Bush and Cheney. - Michelle Trent
I'm sure Bush & Dick are just trying to be fiscally responsible by cutting administrative costs. It should be much easier to budget for one really big war instead of two smaller ones. - Kevin D. White
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Jason Calacanis posted a link
Must watch video: YouTube - Stripper Fail
June 28 at 11:23 am - via Bookmarklet - Link
i'm guess this is a viral video for a series of stipper work out tapes... i don't trust anything I see on YouTube's top list any more... it's all viral marketing by some ad agency. :-) - Jason Calacanis via Bookmarklet
if it is, it's kinda pointless, like most viral videos. - phil baumann
wow thats gotta hurt! - tommy payne
Well..either shes out cold or its staged because I would think someone would at least try to get out from under the darn thing. - Greg
Okay ... so I"m going to have to agree with Greg on this one. If that thing was a real piece of furniture with stuff in it and it fell over on her, she'd be in a whole world of hurt ... Though perhaps her ... well ... ample bosom ... cushioned the fall? - Cathy Brooks
seen that, pretty damn good fail! - Dobromir Hadzhiev
That's not a fail. Thats a physics final at an all male prep school. - Kevin D. White
FAIL for defying physics! - Cesar Cardoso
That's freaking funny. - Chris Leckness
One word: Failure - Chacha
Priceless. - Granteezy
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Robert Scoble posted a message on Twitter
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Kevin D. White posted a message on Twitter
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Kevin D. White favorited a video on YouTube
Dimitri the stud
June 28 at 5:38 am - Link
Dimitri is quite the catch. - Kevin D. White
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Chris Reed posted a link
June 27 at 12:54 pm - via Bookmarklet - Link
"Bobby Jindahl, creationist/exorcist governor of Louisiana, has signed the academic freedom bill into state law. So that’s it then. Teachers are now free to teach a false controversy in their classrooms, introducing creationism like it’s an actual science instead of tissue-thin nonsense." - Chris Reed via Bookmarklet
Ohh, so that's why McCain likes him. Didn't realize he had this kind of stuff in him. - Carla Thompson
This is an excellent example of why it's imperative that we NOT elect John McCain. It's probable that he will nominate Supremes who will tolerate and even support these sorts of attacks on science and reason. - Tad Donaghe via fftogo
Speaking of Supremes and reason, did you see their forward-thinking interpretation of the 2nd amendment yesterday? Good stuff. - Carla Thompson
I'm glad the Supremes supported the right of law-abiding citizens to own firearms. - Tad Donaghe via fftogo
Ah jeez. Chris, I know you told me this would happen but I still ignored the data hoped it wouldn't. Well LA, don't come crawling back to science when your great intelligent designer decides to redecorate and sends another hurricane. - Kevin D. White
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Battlestar Galactica: Mike posted a link
June 27 at 2:37 am - via Reshare - Link
OMG, if I had 8K sitting around, I would TOTALLY buy that. And possibly move it around if the children were being difficult. ;) - Cyndy
Perhaps some sort of group purchase plan... - Kevin D. White
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iPhone: Granteezy posted a link
June 27 at 11:35 am - Link
So much for the rumors they would offer something reasonable. Data rates and limits are stupid and exorbitant ... - Patrick Jordan
No unlimited bandwidth. That sucks. - Kevin D. White
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Scuba: Kevin D. White posted a link
June 26 at 8:32 pm - Link
"Looking like giant leaves floating in the sea thousands of Golden Rays are seen here gathering off the coast of Mexico." - Kevin D. White
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Kevin D. White shared an item on Google Reader
June 25 at 8:03 am - Link
Yet another area where the US has fallen behind. - Kevin D. White
Travel and Leisure had a survey in the last six months or so about how Philadelphia was the ugliest city to visit ever. - edythe
Then Travel & Leisure needs to get out more. Philly has gone down hill since I lived there but there are plenty of other cities I would place below Philly. Newark & Atlantic City each make Philly look good. - Kevin D. White
when did you live in philly? i grew up there. - edythe
Technically I grew up in Pottstown. But no one knows where that is so everyone would just say "Philly". I left in '91 after graduating from the Hill School. - Kevin D. White
ah. we were in wayne, pa until I was 7 and then we moved into the city. - edythe
Sure! I know Wayne, PA. I used to meet cute girls from Bryn Mawr around there. Good times. - Kevin D. White
:) - edythe
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Economics: Chris White posted a link
June 26 at 5:12 pm - via Reshare - Link
""Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price of oil would quickly drop closer to its marginal cost of around $65 to $75 a barrel, about half the current $135. Fadel Gheit of Oppenheimer & Co., Edward Krapels of Energy Security Analysis and Roger Diwan of PFC Energy Consultants agreed with Masters' assessment at a hearing on proposed legislation to limit speculation in futures markets. Krapels said that it wouldn't even take 30 days to drive prices lower, as fund managers quickly liquidated their positions in futures markets."" - Chris White
These guys are full of crap and they know it or they should be fired. These guys are attempting to manipulate the price oil in their favor by playing on the credulity of Congress and the public. If rampant speculation accounted for 50% of the price of oil then there would be huge ammounts of money to be made by betting in the opposite direction and the price would crash. Why not just eliminate all futures markets? No more hedging your bets! - Kevin D. White
The lesson here is the most basic one in Economics. When demand outstrips supply the price goes up until demand comes back down. You want the price of oil to drop quickly? Find a way to dramatically increase supply or decrease demand. Anything else is a waste of time. - Kevin D. White
I actually agree that the price is going up because people are moving their capital from the stock and real estate markets to commodities, as well as a hedge against inflation and devaluation of the dollar. I don't buy the argument that this is supply and demand, because I don't believe demand has risen that much in the past 6 months. - Chris White
The stock market is not about supply and demand. AAPL is not making less iPhones or Macs than they were last week, yet speculators have decided that it's not where they want their money right now. Why should commodities be any different? Of course the difference, is the price of Apple stock doesn't affect every aspect of our economy. - Chris White
Kevin: Have you noticed a smaller supply of Oil? Enough to account for a doubling in price? I've seen one gas station during this whole thing that didn't have gas and it was because their gas was cheaper. We've actually had a fairly dramatic supply increase during the price escalation and the price has continued rising. - Andrew Burd
And if you still believe that the price of Oil is being driven by supply and demand for the underlying product, watch the news that Petrol trades on. Pipeline problems in countries or political turmoil in the mideast or Sabre Rattling by despots. These are the things that speculators trade on. These shouldn't have a 1-2% effect on the price of oil in a day because they haven't actually affected the supply yet. - Andrew Burd
Nearly all markets are volatile in the short term and are often swayed by emotion and imperfect information. You can blame a short term rise in price on speculation. Oil is no different than any other market. But the long term trend? Nearly 50% of the price? No. For that to be true the entire free market model has to be wrong. Bets on the future turn into obligations in the present where supply and demand still rule. How do you stop people from planning for the future? You can't. It's nonsense. - Kevin D. White
The only reason I'm considering buying USO right now is because I want to protect my portfolio from eroding. If the Fed raises interest rates and the dollar strengthens, I would dump the USO. Look at the US real estate market. Most real estate agents a year and a half ago would have said it was bogus to suggest that houses weren't worth as much as they were. Well, they aren't worth that now. - Chris White
Kevin: we have actually had rules in place on commodity speculation by institutions since the 1930s. We had those rules in place because of price problems caused by speculators in the past. In fact, the reason we had a CFTC is that these problems have arisen in the past and been solved by legislation. And the relaxing of these rules coincides pretty directly with the massive increase in prices among commodities. - Andrew Burd
Chris: I've read a number of economist discussions on the Fed and they all seem to believe we are going to still be below or at 2.75 by early next year. I wouldn't count on the Fed raising rates too dramatically anytime soon. Not with the Bank activity as low as it is. - Andrew Burd
The only ways to make (or keep) money right now seems to be buying commodity indexes, moving from dollars to euros, or shorting the market. :( And Andrew, I think our banks are taking that liquidity and pouring it into the commodities markets which is fueling the problem. - Chris White
Banks are being really really tight with their capital right now. I actually traced back the cash reserves for Bank of American on Bloomberg today and they have actually increased reserves since this time last year. That tells me they are hanging on to every dollar they can in case of disaster. That isn't really an endorsement of BAC so much as a sign of how worried these banks are. If they weren't worried they would be loaning like crazy while their competition is frozen. - Andrew Burd
Andrew: can you tell if these dollars are invested in commodities though? Probably not, as there is no transparency to commodities futures trading by institutional investors right now. I agree, they are not loaning money, since 30 year mortgages are at 6.25 and the Fed is at 2.75. What was the point of all those rate decreases? - Chris White
The rate decreases are keeping the banks solvent. Banks can't sell off their mortgages now so they have to keep their loans on the books. So they can't make as much $ which means more could go under. This could lead to a LOT of problems for every single citizen. Especially if the bank is a big futures player. It's weird to see the rate banks are borrowing at so much lower than the rate you can, but until this storm passes it's the way it needs to be. - Andrew Burd
And the cash is listed as "cash or cash equivalents" so it is most likely invested in very short term bonds. With the commodities market as volatile as it is, it would be more of a risk than a bank living their the wreckage of their previous risk could handle. - Andrew Burd
This is where the free market, or government, or the system breaks down. The banks and real estate industry makes some really bad decisions about housing and loans which I never agreed with at the time, The whole thing goes south, the government bails them out, and I pay for the thing I was against with my taxes and decreased value of my capital through devaluation and inflation. And then we get soaring oil prices as a door prize. - Chris White
Well think about it like this, subprime mortgages are good things. It encompasses microlending and helping the poor get something of real value in this world. And the banks can and should provide that. The problem was the fact that those very risky but very good items were sold wrong, as a stable item. This caused a big mess. So the real problem lies with the people who packaged the loans in such a way that they could be sold to people who shouldn't have bought them. - Andrew Burd
So now you have banks who were doing what they should have been doing on the edge of collapse. And if they collapse, because of the large series of hedges in the managed futures market, you could have an impact upon all of us that is much larger than the impact of just that bank (think in the trillions as a legit possibility). So the gov't stepping in may cost you a billion but it takes away the risk of you losing thousands of billions. While I wish this wasn't going on, I like the gov't stepping in. - Andrew Burd
Blog
Adam Ostrow posted an entry on Mashable!
June 26 at 2:40 pm - Link
Good for Powerset. They had to get picked up by someone. - Kevin D. White
Twitter
Jason Calacanis posted a message on Twitter
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Chris Reed posted a message
June 26 at 12:59 pm - Link
Do you have a source for this yet? Or is this breaking? - Mark Trapp
@Mark... Just an E-mail from one of my NASA contacts, but I see the news is out on the wires as well and that aforementioned feed.... - Chris Reed
I want my killer tomatoes and I want them NOW! - Kevin D. White
Far out. Huge headlines coming! - Charlie Anzman
what should we grow first? - Alan Cheslow
Yea, they called it "friendly" soil! you could grow Asparagus...but the environment is too hostile for growth, despite the pH 8 soil!! wow....wow ... wow! Check out this tweet --> http://twitter.com/MarsPhoenix... - Susan Beebe
in other articles they are calling it 'asparagus soil' because the minerals and pH would grow some great spears! - Nancy Babyak via twhirl
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edythe shared an item on Google Reader
June 25 at 10:36 pm - Link
Cask conditioned ale is great stuff - Kevin D. White
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rambn posted a message on Twitter
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Kevin D. White posted a link
June 25 at 7:39 pm - Link
"United Fire & Casualty Co., the Cedar Rapids, Iowa-based property and casualty insurer, said it was flooded out of its headquarters and expects to incur costs because it's not fully covered by insurance." - Kevin D. White
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mathew ingram posted a message on Twitter
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edythe shared an item on Google Reader
June 25 at 3:45 pm - Link
the other side... - edythe
the far side... - Michael W. May via twhirl
I was hoping for a wiki on Conservation. Denied. - Kevin D. White
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Kevin D. White shared an item on Google Reader
June 25 at 8:42 am - Link
"But perhaps because you did not bother even to read our paper, or perhaps because you aren't very bright, you seem not to understand that we have the actual, living bacteria that exhibit the properties reported in our paper, including both the ancestral strain used to start this long-term experiment and its evolved citrate-using descendants." This is how a real scientist calls someone a complete jackass. - Kevin D. White
is Andrew Schlafly related to Phyllis? ;) - edythe
That is a brilliant putdown. Good read. - Michael W. May via twhirl
@Michael Yeah, it's pretty savage. Scientists get kinda snippy when you criticize without even looking at the data. - Kevin D. White
Google Reader
Kevin D. White shared an item on Google Reader
June 25 at 8:42 am - Link
"New high school student Aki pairs up with her schoolmate lover and the swim team, to take down an evil madman who's injecting their school with a virus that turns everyone into blood-thirsty killing machines." - Kevin D. White
again, i hear echoes of still another Buffy episode. Bonus points if you can name the episode and season. - edythe
Season 2 - The one where the swim coach turns the swim team into fish monsters? - Kevin D. White
actually, one thing I always particularly liked about earlier Buffy episodes was their somewhat narrow focus. No matter which way the apocalypse was going to go down, the fact that it would affect the entire world was a given. There was no need (and probably no money) to look beyond Sunnydale for the way the end of the world would affect people. Hmm. Did that make sense? Probably not. [sigh] Maybe I will edit later for clarity. - edythe
OK, i may have to rent that somewhere. - edythe
I commented this previously but... the marketing for this needs to be fired and sued, because the poster and blurb alone would have made it money in stateside theatres :P - Michael W. May via twhirl
Kdw: correct! Go Fish. - edythe
Damn, not on Netflix yet. - Victor Ryden
Google Reader
Ginger Makela shared an item on Google Reader
June 25 at 3:46 pm - Link
business as usual - mixing inventions and innovations... *sigh* - silpol
Managers sure do like reality to conform to their fantasy. I like reality too much. That's why I got out of management. - Kevin D. White
A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines. - Ralph Waldo Emerson - edythe
Would they also like to plan discoveries, and lay out the exact points to be discovered? %) - 9000
Btw,what's about the Google's managers?:) - Igor Poltavskiy
Does not Google management explicitly allows 20% of time to be spent on unpredictable projects? :) - 9000
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June 25 at 3:32 pm - via Reshare - Link
"But perhaps because you did not bother even to read our paper, or perhaps because you aren't very bright, you seem not to understand that we have the actual, living bacteria that exhibit the properties reported in our paper, including both the ancestral strain used to start this long-term experiment and its evolved citrate-using descendants." THIS is how a real scientist calls someone a complete jackass. - Kevin D. White
Google Reader
Kevin D. White shared an item on Google Reader
June 25 at 8:03 am - Link
buffy again... - edythe
I didn't intentionally create a pattern. Today just happened to be a banner day for Buffy-esque news. - Kevin D. White
no, no. it's just me. single-mindedness. - edythe
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edythe posted a link
Another Japanese Import - Maids Who Take Orders in Restaurants - NYTimes.com
Another Japanese Import - Maids Who Take Orders in Restaurants - NYTimes.com
June 25 at 12:17 am - via Bookmarklet - Link
"“If there is anything I can do to make your meal more enjoyable or delicious, please let me know immediately,” said Kat Steele, in frilly white knee-high stockings and taut pigtails, as she set down a glass pot of lemon verbena tea. Then she curtsied and pranced away." - edythe via Bookmarklet
Hubba hubba - RAPatton
Trying to find the line betwixt fun fantasy and Hooters like degradation and I am lost.... - Michael W. May
somehow this plays in Akihabara, but seems a little creepy in the states... - felix
but those outfits are so cool that I don't know that i would feel degraded. plus, not low-cut, right? at least, not in that pic. - edythe
ok, objectified... I'm objectifying the hell out of the woman in the pic ;) - Michael W. May
ha ha. yes, you have this woman's permission to, anyway. ;) - edythe
this kind of objectification is probably not the best thing to take from Japanese culture. How about we focus on decent internet speeds? - Stefan Hayden
What Stefan said. - Cecily Walker
This is a wonderful trend. Imagine how it will help poor children in Nairobi get a bite to eat, weaken Kim Jong Il's reign in N. Korea, and stop trade in human flesh. And even if it doesn't do all that, its still frickin' HOT. - Zach Landes
@Stefan Decent internet speeds in Japan allow men and women to download or stream objectification faster than in the US. - Kevin D. White
Kevin dw: ;) - edythe
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Environment: James Towner posted a link
June 24 at 9:08 pm - Link
According to some research, it sure looks that way. Makes sense in a truthy sorta way, too. - Bill Sodeman
All of the research I have seen was conducted in tightly controlled laboratories and used statistics to predict possible impact. Labs no matter how sophisticated cannot reproduce the real world conditions of a coral reef. To my knowledge there is no evidence that there is a sufficient concentration in the surrounding water of chemicals from sunscreens to pose a substantial risk to corals. I would put sunscreen way down near the bottom of the list for things to worry about damaging corals. - Kevin D. White
For people interested in coral conservation I suggest the Coral Reef Alliance, http://www.coralreefalliance.o... - Kevin D. White
Picasa Web Albums
Michelle Miller published a photo on Picasa Web Albums
Men Run.JPG
June 25 at 12:37 pm - Link
Facebook ads are really starting to piss me off. The next one says I'm fat! - Michelle Miller
Mine says 'Over 30 and still single?' The girl in the pictures looks like she's 19! Creepy! - Rick Schmidt
unlike (the ads)!! - lisa-k
gay-themed ads seem to be on a decline, which is good. ;) - Paul Whitaker
Facebook ad targeting mystifies me as well. Facebook has huge amounts of info on my preferences yet the ads are no better than email spam. - Kevin D. White
kdw: agreed. the ads i see don't have anything to do with me or my habits as indicated by my facebook activity. it's odd. however, if they could really explain to me why many men don't return calls... - edythe
All my facebook ads say I'm fat. My answer? "I bet you can tell I'm black, too!" - Cecily Walker
@Cecily LOL That's great! - Michelle Miller
Has he "lost interest," or is he just "Lost?" Guy texting: "WAS ON OCEANIC 815. PLANE CRASHED. SORRY CANNOT MAKE DATE. TTYL" - Karim
@Karim Guy NEVER ask for directions. I had not considered this... - Michelle Miller
Just Troll him! lol - Igor The Troll
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