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Old 2014-02-27, 19:29   #34
chalsall
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Quote:
Originally Posted by cheesehead View Post
Yes, "money for nothing".
...and your chicks for free.
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Old 2014-02-27, 22:37   #35
ewmayer
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Quote:
Originally Posted by CRGreathouse View Post
IESVS would have been "YAY-soos" in Classical Latin, no initial aspiration. I think Vulgar Latin would be closer to "YAY-sos" (the vowel from "so" rather than "glue").
Querido sen~or Carlos R. Casagrande:

I intended neither classical, vulgar, couth, what-have-you, but rather latin in the sense of "Latino", that is, Spanish.

--------------------------

Mt Gox Files For Bankruptcy After $473 Million In Bitcoins "Disappeared"

Chronically ill facing high drugs costs under U.S. health law

Inside Ukraine: Mish Reader Who Speaks Ukrainian and Russian Challenges Western Media View of Events

Last fiddled with by ewmayer on 2014-02-28 at 23:00
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Old 2014-04-02, 02:00   #36
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Michael Lewis is the author of bestsellers on topics from baseball (Moneyball) to wall street (Liar's poker and The Big Short), which have in common the fundamental theme of "applied game theory". Lewis has a new book out on the depredations of the high-frequency-trading parasitic class, Flash Boys. In conjunction with the book's release he's doing a national media tour, which included this appearance on NPR's Fresh Air yesterday, the interwebs podcast of which came up a few hours ago. Enjoy!

On A 'Rigged' Wall Street, Milliseconds Make All The Difference

Update: And here is a Naked Capitalism review and critique of some of the major thrusts of Lewis' new book. I like the analogy of HFT-trading-is-to-markets with sugar-is-to-diet in the sense of HFT providing "junk liquidity".

Last fiddled with by ewmayer on 2014-04-02 at 23:19
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Old 2014-04-11, 18:16   #37
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http://arstechnica.com/tech-policy/2...n-south-korea/
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Old 2014-04-12, 18:04   #38
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Quote:
Originally Posted by Xyzzy View Post
My feelings about Samsung continue to deteriorate. This is only the latest reason. Previously-
1) 46" HDTV which failed after 2 years, diagnosed as a bad panel. Replaced with more recent model by Samsung for $250.
2) Replacement TV sometimes dims and brightens in a worrisome fashion, suggesting a similar failure might be in store. We have come to feel, as the saying goes, "This ain't a purchase it's a rental."
3) Capacitor failure in a Samsung monitor. This turned out to be so common that there are many Fix it articles online, and video tutorials on YouTube. I was able to repair this, and it is still in service.
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Old 2014-04-13, 21:32   #39
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^^^ - Using dodgy capacitors appears to be a very common way manufacturers can 'reliably' build in obsolescence of the "a few months after the 1-year mfr's warranty expired, the thing failed".

================

After helping pump the Bitcoin mania nonstop for roughly 2 years, then suddenly having to do any about-face and adjust their message, first from "Bwahaha - lookit the muppets that's just got MtGoxed" to "we were of course skeptical all along", ZeroHedge has finally begun to appreciate the "money for nothing" aspect of all BTC-like digicurrency scams: The early bird gets the best price on those tulip bulb futures. Thus we get the ongoing game of whack-a-mole-style speculator money continually chasing after the latest/greatest digicurrency bubble, hoping to beat the rest of the herd ti the latest mole sighting:

As The Bitcoin Bubble Bursts, Digital Currencies Have A Dilution Problem

But ZH's opening salvo in the above piece is more than a bit(coin) disingenuous given their posting history, so I fee compelled to add a few corrective edits (strikethrus and italics)):
Quote:
There was a time when peoplewe here at ZeroHedge followed every gyration of bitcoin with pathological curiosity, peaking roughly five months ago when after having generated an epic return for 2013 as more and more momentum chasers many of whom were surely inspired by our uncritical 2-year-long pumpage, got on board, the digital currency flirted with the $1000 (in USD terms) level on a daily basis. Then it peaked, almost to the day when this article came out, and ever since then it has been a slow, painful grind lower both for its holders and for its proponents, as can be seen on the chart below.
The possible benefit for Mersenners: Cheap secondhand compute gear.
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Old 2014-04-15, 00:40   #40
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The much-ballyhooed media venture by founding member of the PayPal billionaire boys' club Pierre Omidyar is attracting attention for its not-much-publishing:

Glenn, Intercepted: Pierre Omidyar’s quarter billion dollar journalism project seems to have stopped publishing

==================

And a little humor just in time for April 15th, the day each year we here in the US celebrate the billions of person-hours wasted dealing with an insanely convoluted federal tax code. We have carefully selected an area of the tax code most likely to embody the proper combination of "generally considered obscure" yet "likely to be of disproportionate relevance to Mersenneforumites". Here you go:

Be careful when deducting breast implants as a business expense
Quote:
In filing one’s taxes, it may be necessary to distinguish between breast implants that are merely “large,” and breast implants that are “extraordinarily large.”
We provide this information not for purposes of gratuitous titillation, but in order to keep our readers abreast of important changes in key areas of tax policy. You wouldn't want to get, um, busted for failing to make key distinctions such as the above one related to implant size, would you?
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Old 2014-04-15, 03:38   #41
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http://arstechnica.com/tech-policy/2...le-tax-filing/
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Old 2014-04-22, 00:38   #42
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Tech Companies Adopt Astroturf to Get Their (Wicked) Way | TruthOut

You want a good internet economy with lots of jobs? Here’s How. | Ian Welsh
Quote:
This is pure rent-seeking, pure skimming off of other people’s work, and while it makes a few companies obscenely profitable (Apple doesn’t even know what to do with all the money it’s sitting on) it destroys businesses. If you have to pay 30% to someone simply as the price of getting your product before consumers in theory (often not in practice), a lot of businesses simply become unviable, and the jobs at Apple or Facebook or Google do not make up for all the jobs they kill. If Google doesn’t serve your website in the first few pages, it’s not going to be read. You will make a deal with Google (if you’re big enough for them to care) and you will create your content to pander to Google’s preferences as embodied by their algorithms, or you won’t get traffic, and even if you do get traffic, well your ads don’t pay squat, because Google takes almost all the profit.

Companies like Google, the key App stores, Walmart and so on must be heavily regulated, and the amount of commission they can take must be fixed by law. If it isn’t, well, you get to read all sorts of articles wondering where the tech jobs are, asking why Instagram has so few employees, while Kodak had tons. The reason is that tons of people are providing value to Instagram, or Google, or Apple, or Facebook, and they either aren’t getting paid, or are getting peanuts: they create content, that content has value, but because someone stands between them and the people who pay, they aren’t rewarded for the value they create.

You want a good economy again? You want an internet economy that lives up to the early hype and which provides even more jobs than the old economy? Break or regulate Google, Apple, Facebook and all the other gatekeepers, scrapers and information brokers.

(Oh, and reduce patents to only a few years, and enforce mandatory licensing, and a million (ok hundreds) of cell phone companies will blossom, driving smartphone prices down to a tenth of what they are today, or more. It’s called a competitive market, and it doesn’t work in a strict protected works world.)

You can have an economy that works, or you can have a few oligopolist companies which make obscene profits and create oligarchs: your choice.

Last fiddled with by ewmayer on 2014-04-22 at 00:43
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Old 2014-05-25, 01:39   #43
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Geithner's Stress Test Failure | Barry Ritholtz (op-ed for Bloomberg)

Edit: Couple more links on the topic of Timmah Timmah! lying his weaselly - and that is probably an insult to real hard-working weasels everywhere - little butt off:

Andrew Ross Sorkin, Timothy Geithner, and the Three Card Monte Model of Propaganda | naked capitalism

Bill Black: Geithner’s Single Most Revealing Sentence | Zero Hedge

Re. Geithner's autohagiography, I am uninterested in what unindicted criminals such as Timmah Gee and Hank "I ducked a couple hundred million$ in taxes by becoming a faux 'public servant' while turning the US Treasury into a wholly-owned subsidiary of my former firm" Paulson have to say as long as it's not written from behind prison cell bars.

Last fiddled with by ewmayer on 2014-05-25 at 22:52 Reason: add apt title
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Old 2014-05-25, 15:32   #44
kladner
 
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Quote:
Originally Posted by ewmayer View Post
Thanks for posting this, Ernst. I was screaming at the TV the other night when Tiny Tim was on Daily Show. At least Stewart kept skewering the POS.
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