Items of some interest…

These are my recent Pin​board​.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 | devel​oper​.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 Pin​board​.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 | devel​oper​.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 Pin​board​.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 Pin​board​.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 Pin​board​.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