- Newspapers and Thinking the Unthinkable – A good epitaph for the newspaper, by Clay Shirky. Now if only Elsevier would go bankrupt too. (tagged: technology economy history internet copyright publishing newspapers )
- Will Banks Start to Walk Their Talk? Don't Hold Your Breath – I thought that whole spiel about how Citi and friends were suddenly going to be profitable sounded suspicious. All they had to do was redefine the word "profit" to mean whatever they wanted it to mean! Brilliant! The innovations that flow from our Commanding Heights never fail to amaze. (tagged: baiilout finance economics policy politics banks citi )
- Our Pigs, Our Food, Our Health – Massive overuse of antibiotics in livestock feed breeds bacteria resistant to antibiotics? Whodathunkit! WTF is this article doing on the Op-Ed page? Shouldn't someone be out there in Iowa winning a Pulitzer over this? Or is it too obvious to even warrant investigation. We're going to look back in 100, or 50, or 25 years and deeply regret squandering the limited miracle of antibiotics on cheap bacon. This is what we get for refusing to teach evolution. (tagged: health evolution antibiotics agriculture food mrsa livestock farms )
- Obama Tells Business Roundtable: “If You’re Giving Away Carbon Permits For Free … It Doesn’t Work” And “The Science Is Overwhelming” – Joe Romm usually bugs the crap out of me, but this is actually a decent piece, trying to get across the point that Obama really, actually appears to understand what would be required to get carbon pricing implemented and functional, both from a policy and a political point of view. The sooner industry starts planning around this, the better it'll be for everyone. (tagged: climate carbon economics auction policy obama energy )
- Hussman Funds – Weekly Market Comment: Buckle Up – I don't see any reason to trust Hussman more than the normal investing talking heads who do about as well as chance would predict, but he can do division:
The course of defending the bondholders of insolvent institutions is not sustainable. Do the math. The collateral behind private market debt is being marked down by easily 20-30%. That debt represents about 3.5 times GDP. That implies collateral losses on the order of 70-100% of GDP, which itself is $14 trillion. Unless Congress is actually willing to commit that amount of public funds to defend the bondholders of mismanaged financials so they can avoid any loss, this crisis simply cannot be addressed through bailouts. Bondholders have to take losses. Debt has to be restructured. There is no other option — but the markets are going to suffer interminably until our leaders figure that out. (tagged: finance crisis banks investing bailout )
Tag: history
Shared Links for Mar 6th
- If You Want to Know Bike Laws, Don’t Ask the California Highway Patrol – A great rundown of traffic laws as they apply to bicycles in California… and how unfortunately uninformed the police are. (tagged: bicycle transportation police law california )
- R3project: Sustainability in Barcelona – A blog recounting the story of remodeling (and living in) a previously abandoned 18th century apartment in Barcelona's old town, as sustainably (and cheaply) as possible. Available in English or Spanish! (tagged: green sustainability design architecture urban barcelona buildings )
- The Evolution of Life in 60 Seconds – 4.6 billion years of Earth history, boiled down into 60 seconds, showing the spectacularly non-linear nature of evolution. (tagged: non-linear video science evolution biology earth darwin history )
- EFF Surveillance Self-Defense Project – A tutorial from the Electronic Frontier Foundation, on what you can do to protect yourself against snooping, government and otherwise. Now if only these things would become standard, default practice, around which all of our applications and workflows are designed. (tagged: politics technology privacy surveillance security law )
- Human flesh search engines – A phenomenon of internet vigilantes, kind of like paramilitary morality cops, in China. We've been doing this kind of thing to spammers and other "internet criminals" for a while now. Strange to see it leak out into the real world. A potentially interesting propaganda tool. Mob justice on command? (tagged: internet technology china vigilante politics )