The Fount of Useless Information
Your place for useless information that just might possibly be interesting.
Meet the BAT, an airborne wind turbine
http://www.cnn.com/2014/05/12/tech/innovation/big-idea-airborne-wind-turbines/index.html?hpt=hp_c2
At first the idea of a lighter-than-air product to reach the higher energy winds at higher altitude makes a great deal of sense, but the use of helium makes it a really …
Feds wrestle with ‘too big to jail’
http://money.cnn.com/2014/05/05/investing/too-big-to-jail/index.html?hpt=hp_t2
I talk about “too big to jail” here from time to time. The core of the problem remains this idiotic notion of a corporate entity being ‘human’. You can’t put …
A nice explanation for how high frequency trading makes its outsized gains:
Trading in Milliseconds: When Correlations Break Down
http://jaredbernsteinblog.com/trading-in-milliseconds-when-correlations-break-down/
In the comments (most of the comments on his blog are intelligent) is another nice analogy:
http://jaredbernsteinblog.com/trading-in-milliseconds-when-correlations-break-down/#comment-2146150:
…It would
Updated Review: Tamiflu Is a Bust
After finally getting their hands on full clinical study reports, independent reviewers say the antiviral drug is ineffective.
http://www.the-scientist.com//?articles.view/articleNo/39686/title/Updated-Review–Tamiflu-is-a-Bust/
I mentioned Tamiflu and its uselessness when I complained about the uselessness of the flu …
How America is rigged for the rich
http://www.cnn.com/2014/04/09/opinion/liu-income-inequality/index.html?hpt=hp_t4
This is kind of a ‘retweet’. I think this is important for the health and welfare of our nation, though I figure the rich have such a lock on things their hold …
Why is American internet so slow?
The country that literally invented the internet is now behind Estonia in terms of download speeds
http://theweek.com/article/index/257404/why-is-american-internet-so-slow
I have been complaining about how the US has been rapidly turning into a third-world country, this …
Hey, Washington! The Pay Is Too Damn Low: The Minimum-Wage War
Giving America’s lowest-paid workers a raise is great for the economy. And even better for Democratic prospects in 2014
http://www.rollingstone.com/politics/news/hey-washington-the-pay-is-too-damn-low-the-minimum-wage-war-20140227
This seems to be another step in my personal …
A new study: How overpaid CEOs tank their firms
http://www.pbs.org/newshour/making-sense/new-study-overpaid-ceos-tank-firms/
Quite interesting article, I will copy the summary of the paper here:
…We find evidence that CEO pay is negatively related to future stock returns for periods up to three
The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet
Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever
http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212
I wrote earlier about …
Unless you have been living under a rock, you know that Target (and several others) have recently been hacked at their point of sale (POS) terminals to the tune of 10’s of millions of credit cards. Back in the ‘old …