Tuesday Reading List
Some interesting reads for your reading pleasure:
• ‘Prescient’ economic indicator is bullish (Market Watch)
• Google’s stealth multi-billion-dollar business (CNN/Money)
• Fortune: How they failed to catch Madoff (Fortune)
• Rear-View Mirror Can’t Forecast 2011 Economy (Bloomberg)
• Paulson Plays the Lehman Bust (WSJ)
• Taco Bell and the Golden Age of Drive-Thru (BB Businessweek)
• Google to Unveil Service to Let Users Stream Their Music (NYT)
• Confessions of a Car Salesman (Popular Mechanics)
• The World’s 26 Best Cities for Business, Life, and Innovation (The Atlantic)
• How to steal like an artist (and 9 other things nobody told me) (Austin Kleon)
What are you reading?


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May 10th, 2011 at 4:28 pm
Great News for “insomniacs” — YOU’RE NOT CRAZY — you are normal!!
GO WITH IT
http://www.lifeslittlemysteries.com/bustin-the-8-hour-sleep-myth-1362/
Why You Should Wake Up in the Night
http://www.history.vt.edu/Ekirch/sleepcommentary.html
Sleep We Have Lost
http://www.nytimes.com/2006/02/19/opinion/19ekirch.html
Dreams Deferred
http://www.ted.com/talks/jessa_gamble_how_to_sleep.html
Our Natural Sleep Cycle
May 10th, 2011 at 4:29 pm
Do schools kill creativity?
http://www.wimp.com/schoolscreativity/
May 10th, 2011 at 4:40 pm
Seeing this “Paulson Plays the Lehman Bust”, made me think of “Dispicable Me” which I finally saw last night, in which they paid due respect to Lehman Brothers. It was a little amusing how Mr. Gru, the diabolical villain, was unnerved as he approached the banker to ask for a loan amongst a backdrop of collonades which sequentially crushed John Q. Public beneath their weight. I wonder whether BR has seen it?
May 10th, 2011 at 5:11 pm
Via: Boston Globe:
After more than five years of planning, a national emergency alert system that will send messages to cellphones during disasters is set to be launched in New York City and Washington by the end of year.
The chairman of the Federal Communications Commission, Julius Genachowski, said the Commercial Mobile Alert System will direct messages to cellphones in case of a terrorist attack, natural disaster, or other serious emergency. The plan was approved by Congress in 2006.
…
A special chip is required to allow a phone to receive the messages, and soon all new phones will have the technology. **Some smartphones already have the chip, and software updates will be available when the network goes online later this year, Genachowski said.
Fugate said cellphones turned on in the vicinity of a disaster — an evacuation zone, for instance — would receive a message warning them of the impending danger. The alert would show up on the phone’s front screen, instead of the traditional text message inbox, and arrive with a distinct ring and probably a vibration…”
http://cryptogon.com/?p=22245
~~
http://cryptogon.com/?cat=4&paged=2
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By JENNIFER VALENTINO-DEVRIES And JULIA ANGWIN
Cellphones that collect people’s locations are only the tip of the iceberg: Auto makers, insurance companies and even shopping malls are experimenting with new ways to use this kind of data.
Location information is emerging as one of the hottest commodities in the tracking industry—the field of companies that are building businesses based on people’s data….” http://online.wsj.com/article/SB10001424052748703730804576313522337383898.html#ixzz1Lz7zoaQP
~~
and, a different look at the *Reason behind the ’168. Track n’ Trace’ “Bull Market” ..
http://theintelhub.com/2011/05/10/a-time-for-truth-bin-ladens-death-wont-end-the-war-on-terror-until-americans-understand-the-threat-was-always-us/
May 10th, 2011 at 5:21 pm
Re: Market Watch piece on ‘Prescient’ indicator
As I recall last year while others were trying to use ECRI information to predict a double-dip, ECRI cried foul and said they were improperly interpreting the indicators and ECRI didn’t join them.
This time around ECRI does seem tobe getting more cautious even as Market Watch is saying there is no need to.
http://www.businesscycle.com/news/press/2171/
Time will tell, but it seems like recent experience says we should let ECRI interpret ECRI’s data.
May 10th, 2011 at 5:52 pm
part of the problem the US economy has?
http://www.freakonomics.com/2011/05/09/the-economic-benefits-of-trust/
May 10th, 2011 at 7:35 pm
Points & Figures, its a comedy blog by a trader.
May 10th, 2011 at 8:57 pm
Crowdfunding: VC moving to the masses.
http://www.bostonherald.com/business/technology/general/view.bg?articleid=1336818
May 10th, 2011 at 9:27 pm
momus,
Is this what you were talking about?
http://pointsandfigures.com/2011/05/09/barrys-misplaced-in-his-criticism-of-mankiw/
May 10th, 2011 at 9:40 pm
I can’t put off my screen the HASC Chairman’s Mark of the FY 2012 National Defense Authorization Bill!
http://armedservices.house.gov/index.cfm/files/serve?File_id=7953f7b8-84cb-49ef-ab26-9ed7078c9d6c
Directive language in the back (after page 377) of the House Committee “mark” of the National Defense Authorization Act.
“QDR should be based upon a process unconstrained by budgetary influences so that such influences do not determine or limit its outcome.”
Quadrennial Defense Review fictions should not be constrained worrying about US debt or by raiding the future of the US for most unlikely contingencies.
2012 Overseas Contingencies: Procurement: $15,416Million, Operations and Maintenance: $90,135M
Military Personnel: $11,229M Total $116,780M for the two wars.
2012 Baseline in those 3 subsections: Procurement: $186437M, Operations and Maintenance: $170,987M Military Personnel $142,144M Total: $499,568M.
Grand Total these sections: $616,348M.
The Mark adds a net of $300M over the President’s Budget request!!
Note there are a couple of accounts I did not include, these are my areas of knowledge.
Nothing about DoD spending has recently been constrained by logic and proportion.
May 11th, 2011 at 7:48 am
Jon Stewart increased my word power by asking viewers to Google Rick Santorum on the opening Daily Show routine (I DVR them and watch them a day late). Congrats to JS. The page in question had a Click To Continue Button and I really didn’t want to.