Wednesday, October 31, 2007
HALLOWEEN AIEEEEEEEEEEEE- EEE
Daryl Cagle. Cagle Cartoons
Wacky Halloween Costumes . . .
Spiderman & Dr. Octavious
Tuesday, October 30, 2007
Airbus A380 Cockpit
Pretty damned cool
(where's the clutch?)
Monday, October 29, 2007
World Countries as their top level domains
ginormous version: Worldurlmaps1200.jpg
via Strange Maps
Sunday, October 28, 2007
This Boy - The Beatles
Saturday, October 27, 2007
Friday, October 26, 2007
Its nearly a full moon; good to kow the Coral are keeping an eye on things:
Birds do it. Bees do it. Even lowly corals do it — but infrequently, forgoing sex for as long as a year.
Then, at night, just after the full moon, under warm tropic breezes, the corals dissolve in an orgy of reproduction, sowing waters with trillions of eggs and sperm that swirl and dance and merge to form new life. The frenzy can leave pink flotsam.
Scientists discovered the mysterious rite of procreation in 1981 and ever since have puzzled over its details. The moon clearly rules the synchronized mass spawning, which happens during different months in different parts of the globe, but usually in the summer. But how do corals monitor the moon’s phases and know when to start mingling?
Today, seven scientists from Australia, Israel and the United States report in the journal Science that corals have primitive photoreceptors, if not true eyes. In experiments, they found that the photosensitive chemicals respond to moonlight as admirably as, well, human lovers.
“This looks to be the smoking gun,” Ove Hoegh-Guldberg, a team member at the University of Queensland, said in an interview. “It triggers the largest spawning event on the planet.”
Sexy Corals Keep ‘Eye’ on Moon, Scientists Say
WILLIAM J. BROAD
NYT, October 19, 2007
Thursday, October 25, 2007
Get the F&^% Out of My Office!
The Earth Without Humans
Wednesday, October 24, 2007
Alan Greenspan on The Daily Show
A stunningly revealing interview that Jon Stewart conducted with Easy Al on the 9/18 “Daily Show." It’s telling that the fin media and Street are ignoring Easy Al’s answers.
Easy Al admits to Jon Stewart:
1) Excess money causes inflation.
2) Fed easy credit favors stock market operators at the expense of savers.
3) The Fed believes that the market trades more on perception of what the Fed is or will do instead of the actual policies.
4) The Fed must make the market perceive that the system is sound.
5) The presence of the Fed guarantees there is no ‘free market’.
6) He still can’t forecast the economy or whether there is a bubble or too much exuberance.
Here's a transcript of the interview (via Dummy Spots):
Stewart: (after Greenspan’s explanation that the market moves on expectations of the Fed move, not the fundamentals of it) So the Fed, or whoever’s leading it, if they wanted to could in fact “goof” on all of us...
Greenspan: (smiles) You wouldn’t want to.
Stewart: When you say “Open Market,” I always wonder... Why do we have a Fed? Wouldn’t the market take care of interest rates and all that? Why do we have someone adjusting rates if we are a free market society?
Greenspan: We didn’t need a central bank when we were on the Gold Standard . . . [Conspiracy theorists note- the Fed was created 20 years BEFORE we decoupled from the Gold Std] . . . people would buy and sell gold and the markets would do what the Fed does now. . . but by the 1930s most everybody in the world decided that the Gold Standard was strangling the economy and universally the Gold Standard was abandoned...you need somebody out there or some mechanism to determine how much money is out there because the amount of money in an economy relates to the amount of inflation...
Stewart: So we’re not a free market then - there is an invisible...a “benevolent” hand that touches us...
Greenspan: Absolutely, you are quite correct. To the extent that there is a central bank governing the amount of money in the system, that is not a Free Market, and most people call it regulation.
Stewart: When you lower interest rates, it drives money to stocks and lowers the return people get on savings.
Greenspan: Yes, indeed.
Stewart: So they’ve made a choice - “We would like to favor those who invest in the stock market and not those who [save]”...
Greenspan: That’s the way it comes out, but that’s not the way we think about it.
Stewart: Explain that to me. It seems to me that we favor investment, but we don’t favor work. The vast majority of people work, they pay payroll taxes, and they use banks. And then there’s this whole other world of hedge funds and short betting... y’know, it seems like craps. And they keep saying, “No no no, don’t worry about it, it’s Free Market, that’s why we live in much bigger houses.” But it really is, it’s the Fed, or some other thing, no?
Greenspan: I think you’d better re-read my book.
Stewart: Am I wrong that we penalize work by not making the choice to...
Greenspan: No, what a sound money system does is to stabilize the elements in it and reduce the uncertainty that people confront, and when people confront uncertainty they withdraw and it reduces economic activity...
Stewart: So it’s all about perception then. It’s about making people believe the system is sound. If the stock market is high, people feel confident in spending, and if it lowers, they feel less confident?
Greenspan: Well...uh...I think you have to realize, there are certain aspects of human nature, which move exactly the way you defined it. The problem is, periodically we all go a little bit euphoric until we are assuming with confidence that everything is terrific, there will be no problems, nothing will ever happen, and then it dawns on us- NO!
Stewart: And then it goes the other way.
Stewart: Huge Fear.
Greenspan: I was telling my colleagues the other day...I’d been dealing with these big mathematical models for forecasting the economy, and I’m looking at what’s going on the last few weeks and I say, “Y’know, if I could figure out a way to determine whether or not people are more fearful, or changing to euphoric... I don’t need any of this other stuff. I could forecast the economy better than any way I know. The trouble is, we can’t figure that out. I’ve been in the forecasting business for 50 years, and I’m no better than I ever was, and nobody else is either.”
Stewart: (Leans back in chair)...You just bummed the sh*t outta me!
And here's something I never thought I would type: Alan Greenspan on The Daily Show
Video via Comedy Central