Critiquing the rationality of public policy, ruminating on modern life,
and exposing my inner nerd.
Tuesday, December 08, 2009
Get your facts straight on climate
BBC News - The arguments made by climate change sceptics
Friday, December 04, 2009
Everyone in the U.S. should have to take a con law class
Afghan War 2: Escalate Education, not Troops
Gen. Stanley McChrystal warned in his report on the situation in Afghanistan that “new resources are not the crux” of the problem. Rather, he said, the key is a new approach that emphasizes winning hearts and minds: “Our strategy cannot be focused on seizing terrain or destroying insurgent troops; our objective must be the population.”
So why wasn’t the Afghan population more directly consulted?
Estate tax debate reveals loads about values
Due to a provision signed by President GW Bush (a beneficiary of aristocracy), the estate tax rate had been decreasing (from 55% to 45%) and the threshold increasing since 2001 (from $1 million to $3.5 million). It was set to expire next year, and then come back at 2001 levels in 2011. Republicans want to repeal it completely.
Read about the current legislative battle here: latimes.com, but the entire estate tax issue can be boiled down to this quote from Rep. Kevin Brady (R-Texas):
"We need to reward people who work the hardest and work the smartest in the hope of handing their nest eggs down to their children." [emphasis mine]I'm liberal and therefore I subscribe to the notion that Americans should start on a level playing field and have an equal opportunity to exploit their innate talent. You can't have equal opportunity when folks who get rich from talent and hardwork get to pass all their money to their descendants (because then you can be rich and lazy).
If rich parents want to pass their kids a legacy, how about the values of working hard and getting smart, rather than a trust fund and a Beemer.
Note: rich folks still get to pass on half of their estate. We're not talking about making paupers of princes, but keeping princes out of American democracy.
Escalating the Afghan War is a mistake
But the play in Afghanistan is a sad repetition of history, and the last superpower to make this move left on the eve of their fall. This Star Tribune opinion piece highlights it:
StarTribune.com: "It is fitting that President Obama announced his decision to send more troops to Afghanistan on the 30th anniversary of Soviet leader Leonid Brezhnev's decision to do the same. The two events are joined at the hip."Let's hope these conjoined decisions can be separated before the end.
Wednesday, December 02, 2009
This is one tax we should all like
It's called the financial transactions tax, and it would add a tiny fee to each stock trade or currency exchange processed. For the typical American, it'd be negligible - pennies.
But for firms that make their money on the daily ups and downs of foreign currency exchange or stock prices (and accomplish nothing of social value in doing so), it would end the waste. After financial firms started the worst economic downturn since the Depression with speculation with mortgage derivatives, this seems like a gimme.
Tuesday, December 01, 2009
Don't make a baby during corn growing season
Twin Cities Daily Planet: "Not to get too personal, but if you're thinking of making a baby anytime soon, you might not want to wait until spring. That's the conclusion one could draw from a recent analysis that correlates atrazine contamination spikes with the time of year a baby is conceived and increased rates of birth defects."his is a much better argument for opposing corn ethanol than the utterly ridiculous assertions about food prices. We don't eat feed corn.
The Industrial Lawn
Americans spend $40 billion a year on 41 million acres of lawn. This video, Gimme Green, explores some of the externalities of this fascination.
Tacoma Suspect Is Killed by Police Officer in Seattle
NYTimes.com: "SEATTLE — A man suspected of fatally shooting four uniformed police officers was shot and killed early Tuesday by a Seattle police officer who chanced upon him during a routine patrol."No surprise here. There was no way that he was going to live to get a trial after shooting four police officers in cold blood.
Monday, November 30, 2009
Industrial Thanksgiving
"A 1990 patent secured by food processor Swift-Eckrich (now Armour Swift-Eckrich) describes a method for freezing turkeys faster than traditional air-chilling. Salt, water and propolyene glycol — a major and generally nontoxic component of airplane de-icers — are cooled down to less than minus 5 degrees Fahrenheit. Because the propylene glycol and salt lower the freezing point of the water, the liquid remains unfrozen. The turkeys are either sprayed with the solution or immersed in it, in a tank like the one below."
Friday, November 20, 2009
Two thoughts on health care
The United States ranks 31st in life expectancy (tied with Kuwait and Chile), according to the latest World Health Organization figures. We rank 37th in infant mortality (partly because of many premature births) and 34th in maternal mortality. A child in the United States is two-and-a-half times as likely to die by age 5 as in Singapore or Sweden, and an American woman is 11 times as likely to die in childbirth as a woman in Ireland.As my friend RL notes, we have to be careful of cherry-picking our rankings. But whether or not we're the best in a select group of industrial nations, we are definitely not number 1.
Then there's the hyperbole of health care opponents. A selection:
Critics storm that health care reform is “a cruel hoax and a delusion.” Ads in 100 newspapers thunder that reform would mean “the beginning of socialized medicine.”Oops, wrong debate. As the Times' Kristof points out, these are statements from the Medicare debate in the 1960s. They were wrong about Medicare and they're wrong about the current health care bill.
The Wall Street Journal’s editorial page predicts that the legislation will lead to “deteriorating service.” Business groups warn that Washington bureaucrats will invade “the privacy of the examination room,” that we are on the road to rationed care and that patients will lose the “freedom to choose their own doctor.”
Of course, they do illustrate a third point: hyperbole is not a new tactic in politics. Something we should all keep in mind.
Thursday, November 19, 2009
When I die, burn me and use the heat
Wednesday, November 18, 2009
Where Should I Eat? A Fast Food flowchart
Fast Food Edition (Flowchart): "With this simple to follow flowchart you will never have to decide which to listen to, your brain or your stomach. Now you can save those precious braincells for better decisions…like plaid or argyle…"Click through to see a hilarious step-by-step process to select your next meal in a hurry.
Tuesday, November 17, 2009
Amazon.com: Laptop Steering Wheel Desk: Electronics
Amazon.com: "Wow is this thing great! I use it as a 'mini-bar' when the friends and I go out to the bars. I can quickly fix multiple shots of tequila for myself and the friends as we drive from one bar to the next."You should definitely check this out, especially the product images and reviews...
Sunday, November 15, 2009
Deficit spending moralism
NYTimes.com: "I’d be a little more forgiving of the nonsense if all the people screaming about the deficit were sincere. And some are. But many, if not most, are perfectly happy to incur huge unfunded liabilities for the wars they want to fight, and/or to eliminate inheritance taxes for the heirs of multimillionaires. It’s only deficits incurred to help working Americans that get them all moralistic."Ditto.
Friday, November 06, 2009
Baby Einstein Videos make Baby DumbStein
MinnPost: "a 2007 study involving children (some in Minnesota) aged 8 to 16 months found that for every hour a child spent watching a Baby Einstein or other type of baby-oriented DVD or video, the child understood six to eight fewer words than same-aged babies who didn’t watch them." [emphasis mine]Einstein didn't watch TV when he was a kid.
Social Isolation is not a technology problem
But the tradeoff seems to be social connectedness outside your geographic area:
NYTimes.com: "People who use social networks like Facebook or Linkedin are 30 percent less likely to know their neighbors and 26 percent less likely to provide them support."What about neighbors who you also know on Facebook?
Thursday, November 05, 2009
CDC says sick people should stay home, but in the U.S. that means giving up a paycheck
Wonk Room: "Actually, almost 50 percent of private-sector workers in the U.S. have no paid sick days. A survey last year by the National Opinion Research Center at the University of Chicago found that “68 percent of those not eligible for paid sick days said they had gone to work with a contagious illness like the flu.”" [emphasis mine]And once again, when it comes to health care, "The U.S. is the only developed country without a policy mandating some form of paid sick leave."
This is just embarrassing.
The British Go Bank-Busting — Is There A Lesson For The U.S.?
Wonk Room: "Indeed, as Felix Salmon put it, for these companies to be successful, they need to be boring"I think that collateralized debt obligations serve no useful social purpose. Holding money and lending money do. Let's make banking boring again.
Wednesday, November 04, 2009
Tuesday, October 27, 2009
Liberalism watered down
Thanks to DM for the quotes.
Monday, October 26, 2009
Vaccination should be mandatory
It's sad, because it shows that widespread information (via the internet) does not always mean truth floats to the surface. As described in a Wired article about this anti-vaccine movement...
An Epidemic of Fear: "The bottom line: Pseudo-science preys on well-intentioned people who, motivated by love for their kids, become vulnerable to one of the world’s oldest professions. Enter the snake-oil salesman."How do you address the myths this salesman creates? After all, vaccines (with or without the thimerosal preservative) are not linked with autism.
To be clear, there is no credible evidence to indicate that any of this is true. None. Twelve epidemiological studies have found no data that links the MMR (measles/mumps/rubella) vaccine to autism; six studies have found no trace of an association between thimerosal (a preservative containing ethylmercury that has largely been removed from vaccines since 20011) and autism, and three other studies have found no indication that thimerosal causes even subtle neurological problems.The science is clear, but the public debate is far from it, no thanks to a media establishment more interested in controversy than truth.
And the big losers are the children, who are now being needlessly exposed to completely preventable diseases. That's why vaccination should be required. Because it's irresponsible of government to allow people to risk their children's lives based on pseudoscience.
We mandate seatbelt use and car seats. This is no different.
Sen. Franken nails the problem of medical bankruptcy
Thursday, October 15, 2009
What will your refrigerator reveal about you?
Tuesday, October 13, 2009
'Daily Show' Destroys CNN Fact-Checking
| Daily Show Full Episodes | Political Humor | Ron Paul Interview |
Monday, October 12, 2009
Let Congress Go Without Insurance
Wednesday, October 07, 2009
A final chat with the Metrodome
"Why, just look at the past three days here. A sold-out baseball game Sunday. A sold-out 'Monday Night Football' game. A sold-out baseball game this afternoon. Three sellouts and two sports in three days? Beat that, Wrigley Field. The only thing I'm missing is a tractor pull."
Tuesday, October 06, 2009
Using Firefox to maximize productivity
- Adblock Plus - faster browsing, period.
- Table2Clipboard - copies any HTML table into Excel, perfectly. Alleluia!
- FaviconizeTab - shrink Firefox tabs to the size of that little logo. Great for Gmail and Calendar and leaves more room for working tabs.
- Better Gmail - that little logo on Gmail shows my unread message count. And changes color. It has a few other slick interface improvements, too.
- Google Gears - lets me get my Gmail and Calendar without an internet connection. Brilliant.
- TinyURL Generator - right click a link and get a short version. Brilliant.
- Greasemonkey - enables everything else via Userscripts: takes down Facebook ads, cleans up RTM, adds download links to Youtube videos.
Dad’s Life or Yours?
NYTimes.com: "After all, new research suggests that lack of insurance increases a working-age person’s risk of dying in any given year by 40 percent"
Monday, October 05, 2009
TruStone Financial gets it right
Well, within 24 hours of posting my problem and solution, a TruStone VP had responded to my post:
I have seen your blog post about how we display the...ATM locations that accept deposits, and I couldn't agree with you more. Your map makes it easy to see everything at a glance.And now? There's a map of ATMs accepting deposits in my town.
We created the list format in an attempt to save people time so that they did not have to access the maps available on two different ATM network sites (NYCE and Co-op). But you're right, we should have created a map too.
We appreciate the suggestion and we’ll update our website to include a map. We’re sure other members will appreciate it, too.
Nice.
Fox News Polling: The question was okay (but only alone)
FiveThirtyEight: "when you ask biased questions first, they are infectious, potentially poisoning everything that comes below. I don't particularly care if Fox News wants to ask leading or even outrightly biased questions -- but they have to ask them after any questions they expect the policymaking community to take seriously."
Are we subsidizing big banks over smaller, better competitors?
NYTimes.com:"AMID all the talk about systemic risk regulators, consumer protection and other fixes to our fractured financial system, there is a troubling silence on what may be the single most important reform: how to rid ourselves of banks that are so big and interconnected that their very existence threatens the world"
Chamber of Commerce going out of business
"Apple Computer is the latest company to quit the U.S. Chamber of Commerce over the group's stance on climate change legislation, highlighting the ongoing internal dissension within the business lobbying group on its advocacy approach to legislation aimed at curbing greenhouse gases."
This is (literally) bull shit
There are regular outbreaks of food-borne illness, and one of the prime causes is E. coli in ground beef. And why is there bacteria from cow feces in our hamburgers?
"The food safety officer at American Foodservice, which grinds 365 million pounds of hamburger a year, said it stopped testing trimmings [for E. coli] a decade ago because of resistance from slaughterhouses. “They would not sell to us,” said Timothy P. Biela, the officer. “If I test and it’s positive, I put them in a regulatory situation. One, I have to tell the government, and two, the government will trace it back to them. So we don’t do that.”"Sales is our first priority. Safety's a close second.
Thursday, October 01, 2009
Some things you think you know about Iran (but for which evidence is shaky)
Belief: The West recently discovered a secret Iranian nuclear weapons plant in a mountain near Qom.
Actuality: Iran announced Monday a week ago to the International Atomic Energy Agency that it had begun work on a second, civilian nuclear enrichment facility near Qom. There are no nuclear materials at the site and it has not gone hot, so technically Iran is not in violation of the Nuclear Non-Proliferation Treaty, though it did break its word to the IAEA that it would immediately inform the UN of any work on a new facility. Iran has pledged to allow the site to be inspected regularly by the IAEA, and if it honors the pledge, as it largely has at the Natanz plant, then Iran cannot produce nuclear weapons at the site, since that would be detected by the inspectors. Secretary of State Hillary Clinton admitted on Sunday that Iran could not produce nuclear weapons at Natanz precisely because it is being inspected. Yet American hawks have repeatedly demanded a strike on Natanz.
Tuesday, September 29, 2009
How not to talk to your kids
Monday, September 28, 2009
Is it time for cellphones on planes?
"Despite dire warnings that cellphone use on planes would unleash social turbulence and possibly even violence in the cabin, there have been remarkably few complaints so far, industry executives and passengers say."
Friday, September 25, 2009
The menace of the public option
As good an argument as you will read for why there's nothing for the private sector to fear from a public health care option.
Thursday, September 24, 2009
TruStone Financial Deposit ATMs in Minneapolis
JFF uncovers soup scandal
Here's the front of the box. Notice that the one on the left has 40% more noodles!
What better way to out yourself
Wednesday, September 23, 2009
TV ads are louder by design
Hyper partisanship in the U.S. House
Tuesday, September 22, 2009
Monday, September 21, 2009
Looking to Healthy Banks to Lend to the F.D.I.C. - NYTimes.com
This is what we call irony. The FDIC, protector of your bank deposits and banks alike, has been drained by all the bank failures and now wants to borrow from banks to keep going rather than assessing the banks. Reason #1 this is a bad idea:
"Bankers worry that a special assessment of $5 billion to $10 billion over the next six months would crimp their profits..."Cry me a river. This fund exists to protect depositors, not banks with poor decision making. Plus, what happens if the banks lend to FDIC? They get interest!
The only possible reason that borrowing from healthy banks seems like a good idea is that it's fairer to the good banks, who are otherwise assessed along with the failing banks.
Thoughts?
Friedman: Real Men Tax Gas
When almost every other developed nation has taken greater strides to pursue renewable energy and reduce dependence on foreign oil, Friedman's final question has an uncomfortable answer:
"Who are the real cheese-eating surrender monkeys in this picture?"
Sunday, September 20, 2009
'Why Exercise Won’t Make You Thin' made some people really mad. Why is that?
Friday, September 18, 2009
Pee here for better tomatoes
"The results suggest that urine with [or] without wood ash can be used as a substitute for mineral fertilizer to increase the yields of tomato without posing any microbial or chemical risks,"
Wednesday, September 16, 2009
Behaviors are contagious
Tuesday, September 15, 2009
Toxic Waters - A Series on (not so) Clean Water
Monday, September 14, 2009
Pawlenty backtracks further on his states rights argument
MinnPost: "STEPHANOPOULOS: So just to be clear, are you suggesting that any parts of the plan as the president has laid it out are unconstitutional?
PAWLENTY: Well, I wouldn't go so far as to say it's a legal issue."
This is not health care to be proud of
Friday, September 11, 2009
Actually, it is in the bill
"H.R. 3200, Section 246 is TITLED: NO FEDERAL PAYMENT FOR UNDOCUMENTED ALIENS. And it states:QED. And STFU.
'Nothing in this subtitle shall allow Federal payments for affordability credits on behalf of individuals who are not lawfully present in the United States.'"
Thursday, September 10, 2009
Pigeon Faster Than S. African Net
Wednesday, September 09, 2009
Why?
Financial regulators are turds
Coffee, donut, and tank of gas: $40
Overdraft fees: $105
Getting shafted by your financial institution: priceless
Oh, but we're getting bold now that banks are making $27 billion a year on the Card Game. With growing bank abuse of overdraft fees:
"regulators plan to introduce new protections before year’s end. The proposals do not seek to ban overdraft fees altogether. Rather, regulators and lawmakers say they hope to curb abuses and make the fees more fair."Fair? Banks are reordering transaction postings to maximize overdraft fees. No shit!
But let's not be hasty and ban these wankers (after all, they do put up $37 million in campaign contributions in 2008 alone - thanks opensecrets.org).
So here's your compromise regulation: "a bank shall deny all transactions that cause a customer's account to be overdrawn without the express consent of the customer for each transaction, with the customer being informed of the cost of the fees at the time of consent."
Seem hard? We have cell phones. Call me. Give me a chance to tell you what I think of that overdraft fee at the time of charge. And stop fucking with my check register.
Tuesday, September 08, 2009
People like government health care better
NYTimes.com: "Fifty-six to 60 percent of people in government-run Medicare rate it a 9 or 10 on a 10-point scale. In contrast, only 40 percent of those enrolled in private insurance rank their plans that high."So, why don't we want an option for public insurance?
Monday, August 31, 2009
Health reform could save marriages
NYTimes.com: "The hospital arranged a conference call with a social worker, who outlined how the dementia and its financial toll on the family would progress, and then added, out of the blue: “Maybe you should divorce.”"Wow.
Friday, August 28, 2009
If a Starbucks doesn't say "Starbucks," is it local?
Hometown Peninsula: "In one of the more brazen attempts by a corporation to disguise itself as a locally owned business, Starbucks is un-branding at least three of it Seattle outlets. The first of these conversions, reopening this week after extensive remodeling, will be called 15th Avenue Coffee and Tea. All of the signage and product labels will bear this new name. The Starbucks corporate logo will be no where to be seen."Clearly, the intent is to appear like a local coffee shop while being part of a national chain, taking advantage of people's preference to support a local business. Wow.
Tuesday, August 25, 2009
Don't Want a Public Plan? Well, What Do You Think of Medicare? - washingtonpost.com
Plan designed by the government? Check. Government bureaucracy? Check. Subsidized? Check. (Medicare does not have to fund itself solely by charging premiums to its members; instead, it is largely funded by a payroll tax levied on all workers.) Able to drive private insurers out of business? Check. Medicare dominates the over-65 market.
If you are against the public option, you should be deeply, fundamentally, bitterly against Medicare.
Two on health care
This is the Quinnipiac poll, which asks:From Minnpost, health insurers reaping a bonanza:
Do you support or oppose giving people the option of being covered by a government health insurance plan that would compete with private plans?This is a perfect question.
The half-dozen leading overhaul proposals circulating in Congress would require all citizens to have health insurance, which would guarantee insurers tens of millions of new customers -- many of whom would get government subsidies to help pay the companies' premiums. "It's a bonanza," said Robert Laszewski, a health insurance executive for 20 years who now tracks reform legislation as president of the consulting firm Health Policy and Strategy Associates Inc.
Monday, August 24, 2009
Open letter to friends and family
To everyone I've ever helped, please print this (courtesy of xkcd)...
...and bookmark this link.
Tuesday, August 18, 2009
Ideological supremacy or the supremacy of idiocy
- A health insurance exchange so that Americans can select from comparable health care plans from private providers
- A public option, based on Medicare, so that private providers have to compete against a plan that does not have an incentive to reduce its "medical loss ratio"
- Subsidies for people to buy insurance, for those with incomes up to 400 percent of the federal poverty level
- Regulation that ensures people can get coverage even if they have "preexisting conditions" like pregnancy.
- "Keep your government hands off my Medicare" (note: government runs Medicare)
- It will "pull the plug on Grandma" (referencing made-up death panels that are in fact end-of-life counseling provisions introduced by a Republican)
- "Socialized medicine" (note: not only inaccurate, but deliberately glosses over that the *American* VA medical system is...socialized medicine and that Medicare is socialized insurance. Oh, and where do you think Social Security comes from?)
- "You'll lose your private insurance, even if you don't want to." (note: a lie)
But maybe I expect too much from a party represented by hysterical talk radio men and the Alaskan coming of McCarthy...
Monday, August 17, 2009
The secret weapon
Sunday, August 16, 2009
Things Republicans have taught me in discussing health care
- Consistency is unimportant, but stridency is.
- Knowing the definition of words you use does not matter.
- Lying about who provides your health care does not matter, particularly when people like their government provider more than their private one. (yes, in America).
- It's great fun to tell outright lies about health care legislation...
- ...especially when the "death panels" were actually proposed by a Republican to help families make tough end-of-life decisions...
- ...And (referring back to #1) let's not forget that Republicans have no problem with government interfering with end-of-life decisions.
Friday, August 14, 2009
Thursday, August 13, 2009
How to Recharge Your Soul
A great piece on the importance of connecting to the outdoors.
Tuesday, August 11, 2009
FACs
- Radio Silence - these folks seem happy to see you at parties (before you have to leave early to hit bedtime) but the last time they called, you didn't have a dependent.
- Nice Haircut - you give my child about as much attention as you would a new hairstyle. Excited to see the change and eager to move on. We still like YOU, but that little creature interrupts my punch line.
- So you're Gay - this lifestyle change may not be exactly what you'd choose for yourself, and you try to be supportive. However, the questions are somewhat strained. "Does he sleep through the night?"; he might, but we like him when he's awake, too.
- We're so Happy for You! - we hang out, you're patient when the baby fusses, and flexible with our topsy turvy schedule. You're supportive and helpful. But it sometimes seems like you feel our life is more circumscribed than we do.
- This Kid is Great (and how are you?) - you love the new guy and so do we, but it's not all about him. Getting together is an effortless flow between interacting with BAF and adult conversation. Hanging out with you helps us feel like parents and people. Thank you, thank you, thank you.
Socialized Medicine for Dummies
"The really weird thing about Canada is, even though the government is paying the bill, they aren't actually providing the health care itself. Instead, they have private doctors for that, just like we do here."...We'd never do something like that in this country, except for old people who don't know any better.
...This is what they call "socialized medicine". If you're in Britain, your doctor is probably a socialist. Just kidding! But he does work for the government. The government pays his salary and buys all his tongue depressors and urine cups. Even old people wouldn't fall for that one over on this side of the "pond", so we only do it to our veterans.
Tuesday, August 04, 2009
Wall Street: Stealing Pennies to Make Billions
This...
Powerful computers, some housed right next to the machines that drive marketplaces like the New York Stock Exchange, enable high-frequency traders to transmit millions of orders at lightning speed and, their detractors contend, reap billions at everyone else’s expense.
...sounds an awful lot like this:
And I think Jennifer Aniston's character had it right:
If you like these clips, please go buy this movie.
Monday, August 03, 2009
Frost Nixon
The movie is fantastically worthwhile, and is a worthy Hollywood adaptation of the real thing, which you can preview here: Frost Nixon
Small States Mean Corporate Senators
A fascinating analysis showing that senators from small states are much more reliant on corporate money for fundraising.
Being a partisan, I'd also like to point out in terms of PAC money as a portion of fundraising, 8 of the top 10 senators are Republican, while 32 of the 35 senators with the least PAC money are Democrats. Democrats get money from and represent people, not big business.
Saturday, August 01, 2009
Wednesday, July 29, 2009
Enough airplane time to get to Hawaii, but I'm on my couch
Times boarding pass scanned: 4
Miles traveled: 3
Refills of McDonald's drink: 4 (or 5)
Diapers changed: 2
Tuesday, July 28, 2009
The only article worth reading re: Gates
Just What is Socialized Medicine?
Socialized medicine is Great Britain, where the government owns the hospitals and pays the doctors. Socialized insurance is "single payer," e.g. Canada, where the government is the insurer.
Obama's preferred plan is a public insurance option (one of many "payers"). We're not remotely socialized, though the evidence suggests we'd be better off if we were closer to it.
Saturday, July 25, 2009
Traders Profit With Computers Set at High Speed
The rise of high-frequency trading helps explain why activity on the nation’s stock exchanges has exploded. Average daily volume has soared by 164 percent since 2005, according to data from NYSE. Although precise figures are elusive, stock exchanges say that a handful of high-frequency traders now account for a more than half of all trades.
...The rise of high-frequency trading helps explain why activity on the nation’s stock exchanges has exploded. Average daily volume has soared by 164 percent since 2005, according to data from NYSE. Although precise figures are elusive, stock exchanges say that a handful of high-frequency traders now account for a more than half of all trades.
Figuring out how to trade faster than others is not adding to society's wealth, and it should be outlawed.
Friday, July 24, 2009
Graphical humor
17 Relevant Charts and Graphs [Pics]
Hat tip to Aaron Gleeman
Thursday, July 23, 2009
Finding drug users in the wastewater
"Addiction specialists were not surprised by the researchers' central discovery, that every one of the 96 cities - representing 65 percent of Oregon's population - had a quantifiable level of methamphetamine in its wastewater."The privacy implications are very interesting, as is the potential to track drug use.
Yes, They’ll Even BS You about the *Weather*
"I've long considered that if conservatives thought it would Strike a Blow Against Liberal Fascist Treason they would lie about, like, the weather -- 'it's raining out!' 'No it isn't!' 'Then, uh, why is water falling out of the sky?' 'Socialism!'"
Read on for an amusing account of one conservative blogger's blatant lies about his local weather in an attempt to deny climate change.
Tuesday, July 21, 2009
Unreformed health care: minimize health, maximizing profit
: next person to claim the private sector does health care better gets a punch in the face.
There's a measure of profitability that investors look to, and it's called a medical loss ratio...it's a measure that tells...how much of a premium dollar is used by the insurance company to actually pay medical claims. And that has been shrinking...in the early '90s...95 cents out of every dollar was...used by the insurance companies to pay claims. Last year, it was down to just slightly above 80 percent.
Monday, July 20, 2009
10 Household Products to Never Use Again
I've been learning about this stuff from the perspective of "what not to give your baby," like BPA, phthalates, and sharp objects. And then I come across this page at IATP and I think that the great future promised in this clip is not so great.
Thursday, July 16, 2009
A party line vote on health care IS a political consensus
"WASHINGTON — A party-line Senate committee vote on legislation to remake the nation’s health care system underscored the absence of political consensus on what would be the biggest changes in social policy in more than 40 years."
Actually, a party-line vote is reflective of a political consensus - that 72% of Americans (and 50% of Republicans) support a health care plan with a publicly-run option to compete with the private sector.
When one party is completely out of touch with America, you can have a political consensus on a party line vote.
Friday, July 10, 2009
Tuesday, July 07, 2009
Watch what you watch
Lifehacker: "One test found that children aged 7 to 11 who watched a half-hour cartoon that included food commercials ate 45 percent more snack food while watching the show than children who watched the same cartoon with non-food commercials."If this holds true for other things advertised, I must buy an unholy amount of home improvement material and carpet when I watch baseball.
Government already pays the plurality of medical bills
It’s a country where there is, indeed, a substantial private health insurance industry, which pays 35 percent of medical bills. But the government pays a larger share — 46 percent. (Most of the rest is out-of-pocket spending.) The country is called the United States of America.
Monday, July 06, 2009
An army of $
"When, why, and how did the United States of America become the land of mercenaries?"This is a great essay that looks at the challenge of meeting our military goals with a volunteer army (conclusion: we don't, but we pay a lot of mercenaries to fill the gap).
Speaking of public > private
the Congressional Budget Office (CBO) has found that administrative costs under the public Medicare plan are less than 2 percent of expenditures, compared with approximately 11 percent of spending by private plans under Medicare Advantage. This is a near perfect “apples to apples” comparison of administrative costs, because the public Medicare plan and Medicare Advantage plans are operating under similar rules and treating the same population.And in case that simple-yet-true explanation is insufficient, Krugman provided more context for his comparison in a later blog post.
Might private, not public, be the dirty word?
"Today 'private' has become a positive, even boosterish word, while 'public' carries a shady undertone. 'Private sector' has become synonymous with efficiency and innovation, while 'public sector' connotes bloat and unresponsiveness, even corruption"
...Everywhere we look it is the private, not the public, that has proven bloated, inefficient and corrupt.
Saturday, July 04, 2009
July 4th Air Quality alert
Seriously, folks, just go watch the city display and give it a rest.
Friday, July 03, 2009
Why its time for the EPA to look at endocrine disrupters
In the Potomac watershed near Washington, male smallmouth bass have rapidly transformed into “intersex fish” that display female characteristics. This was discovered only in 2003, but the latest survey found that more than 80 percent of the male smallmouth bass in the Potomac are producing eggs.
Now scientists are connecting the dots with evidence of increasing abnormalities among humans, particularly large increases in numbers of genital deformities among newborn boys. For example, up to 7 percent of boys are now born with undescended testicles, although this often self-corrects over time. And up to 1 percent of boys in the United States are now born with hypospadias, in which the urethra exits the penis improperly, such as at the base rather than the tip.
Click for more on endocrine disrupters.
Supreme Court finds discrimiation against white firefighters
This is no time to balance budgets
"just a few weeks ago, Christina Romer, the chairwoman of the Council of Economic Advisers, published an article on the “lessons of 1937” — the year that F.D.R. gave in to the deficit and inflation hawks, with disastrous consequences both for the economy and for his political agenda."
Krugman's analysis is that we not only need to stay the course, but increase the stimulus. The math makes sense. The first stimulus saved 3.5 million jobs, but we're in an 8.5 million job hole. There's a lot of ground left to cover.
Monday, June 29, 2009
Can You Get Fit in Six Minutes a Week?
I thought it interesting what they said about running:
There’s a catch, though. Those six minutes, if they’re to be effective, must hurt. “We describe it as an ‘all-out’ effort,” Gibala says. You’ll be straying “well out of your comfort zone.” That level of discomfort makes some activities better-suited to intense training than others. “We haven’t studied runners,” Gibala says. The pounding involved in repeated sprinting could lead to injuries, depending on a runner’s experience and stride mechanics. But cycling and swimming work well. [emphasis mine]







