Items of some interest…

These are my recent Pinboard.in links:

  • Economist’s View: Bubble Illusion

    "I'm not sure how much the additional pessimism that "bubble illusion" causes matters for people's outlook about their current situation, and thus how much it affects the willingness to spend — that seems to be related more to actual values today than to how much was lost. But it may affect the goals people set for when they will feel "whole" once again, and thus have an effect on spending through that channel. In any case, the illusion does seem to be present."

    financial-crisis economics investment valuation behavioral-finance

  • Is Your Boss Really in Business to Create Jobs? » New Deal 2.0

    "No, Mr. President, we’re not in this together with corporate America. Corporations are in it to maximize profits and boost CEO salaries, not help the U.S. economy or put people back to work.

    With no “healthy increase in demand,” on the horizon and unemployment heading back up, the President has talked more about government-led solutions that would actually create jobs in America. Near the end of his address on Afghanistan, and in a full-throated pitch at a Democratic fundraiser in New York City the next evening, Obama called for investments in education, infrastructure, and clean energy at home.

    Democratic leaders in Congress have also started to sharpen their focus on the failure of corporations to create jobs at home. Nancy Pelosi’s reaction to the Majority Leader Eric Cantor’s walking away from budget talks was, “”Yes, we do want to remove tax subsidies for big oil, we want to remove tax breaks for corporations that send jobs overseas… ”"

    financial-crisis economics business-culture corporatism jobs unemployment figure-ground-error

  • Git API v3 | developer.github.com

    The Git Database API gives you access to read and write raw Git objects to your Git database on GitHub and to list and update your references (branch heads and tags).

    This basically allows you to reimplement a lot of Git functionality over our API – by creating raw objects directly into the database and updating branch references you could technically do just about anything that Git can do without having Git installed.

    GitHub API software-development interoperability awesome

Items of some interest…

These are my recent Pinboard.in links:

  • Economist’s View: Bubble Illusion

    "I'm not sure how much the additional pessimism that "bubble illusion" causes matters for people's outlook about their current situation, and thus how much it affects the willingness to spend — that seems to be related more to actual values today than to how much was lost. But it may affect the goals people set for when they will feel "whole" once again, and thus have an effect on spending through that channel. In any case, the illusion does seem to be present."

    financial-crisis economics investment valuation behavioral-finance

  • Is Your Boss Really in Business to Create Jobs? » New Deal 2.0

    "No, Mr. President, we’re not in this together with corporate America. Corporations are in it to maximize profits and boost CEO salaries, not help the U.S. economy or put people back to work.

    With no “healthy increase in demand,” on the horizon and unemployment heading back up, the President has talked more about government-led solutions that would actually create jobs in America. Near the end of his address on Afghanistan, and in a full-throated pitch at a Democratic fundraiser in New York City the next evening, Obama called for investments in education, infrastructure, and clean energy at home.

    Democratic leaders in Congress have also started to sharpen their focus on the failure of corporations to create jobs at home. Nancy Pelosi’s reaction to the Majority Leader Eric Cantor’s walking away from budget talks was, “”Yes, we do want to remove tax subsidies for big oil, we want to remove tax breaks for corporations that send jobs overseas… ”"

    financial-crisis economics business-culture corporatism jobs unemployment figure-ground-error

  • Git API v3 | developer.github.com

    The Git Database API gives you access to read and write raw Git objects to your Git database on GitHub and to list and update your references (branch heads and tags).

    This basically allows you to reimplement a lot of Git functionality over our API – by creating raw objects directly into the database and updating branch references you could technically do just about anything that Git can do without having Git installed.

    GitHub API software-development interoperability awesome

Items of some interest…

These are my recent Pinboard.in links:

  • The Fed Audit – Newsroom: U.S. Senator Bernie Sanders (Vermont)

    "To Sanders, the conclusion is simple. "No one who works for a firm receiving direct financial assistance from the Fed should be allowed to sit on the Fed's board of directors or be employed by the Fed," he said.

    The investigation also revealed that the Fed outsourced most of its emergency lending programs to private contractors, many of which also were recipients of extremely low-interest and then-secret loans.

    The Fed outsourced virtually all of the operations of their emergency lending programs to private contractors like JP Morgan Chase, Morgan Stanley, and Wells Fargo.  The same firms also received trillions of dollars in Fed loans at near-zero interest rates. Altogether some two-thirds of the contracts that the Fed awarded to manage its emergency lending programs were no-bid contracts. Morgan Stanley was given the largest no-bid contract worth $108.4 million to help manage the Fed bailout of AIG.

    A more detailed GAO investigation into potential conflicts of interest at the Fed is due on Oct. 18, but Sanders said one thing already is abundantly clear. "The Federal Reserve must be reformed to serve the needs of working families, not just CEOs on Wall Street.""

    corporatism financial-crisis bankers-should-start-avoiding-lampposts-right-about-now

Items of some interest…

These are my recent Pinboard.in links:

  • Cisco, the Whistleblower, and the Angry Judge | The Mark

    "British Columbia’s highest court has accused tech giant Cisco and U.S. officials of a massive abuse of process in order to have a Cisco whistleblower thrown in jail. B.C. Supreme Court Justice Ronald McKinnon said Cisco had the “unmitigated gall” to attempt to use Canada’s justice system, via U.S. officials, to pressure former Cisco exec Peter Alfred-Adekeye into dropping a civil suit against the company. Alfred-Adekeye had alleged that Cisco was illegally forcing customers into maintenance contracts. Cisco eventually settled the suit and abandoned the maintenance-contract practice, but not before Alfred-Adekeye spent 28 days in a Canadian jail. The Alfred-Adekeye case has caused outrage among many commenters, some of whom have suggested it’s a sign that the U.S. is becoming a “corporate police state.” The Mark interviewed Marilyn Sandford, who represented Alfred-Adekeye during his extradition proceedings."

    corporatism whistleblower dirty-tricks felonies-committed-by-nonhumans

Items of some interest…

These are my recent Pinboard.in links:

  • The Ann Arbor Chronicle | Column: Grover and Me

    "We should check back in a few years to see how the “inevitably” thing is working out. I liked Republicans better back when, like Richard Nixon, they were all Keynesians. So I have a hard time figuring out how any jobs will be created when millions of families lose disposable income through higher taxes, just to provide tax breaks to a much smaller number of businesses. (If we were investing the added revenue in public infrastructure to enable private profits, like roads, schools and bridges, it would be a different story.) To whom are Michigan businesses going to sell their goods and services, when me and everybody else in the state has to fork over all our extra cash to Rick Snyder?"

    corporatism Michigan politics Republicanism-is-not-conservatism Rick-Snyder local