AI as seen by John Oliver The Daily Show: John asks off the cuff what would happen if AI was tasked with creating some “trenchant humour” Netflix took John up on that and the most recent AI try is challenging. What makes NetFlix 2 is a joke is that it is exactly the opposite. a […]
NYTimes Magazine online edition has been the subject of lavish praise from this reviewer of late[see the fulsome accolades for NYTimes Magazine story on a Philippines outpost against the Chinese land grab here]. But the Magazine can be too indulgent as appears to be the case in its extravagant Making a Scene production – 11
Financial turnaround Tall Tales from the Banking Community are not hard to find because the Banksters are creating scandolous headlines at an ever faster rate this year. Yet these same parties and much of the Financial Press continue to insist that everything is a-okay. The apologists make very hollow arguments: 1)financial markets are the
Weill Weill Weill – the Financial Tall Tale Gold Medal Read More »
Well I saw the Jamie Dimon performance on Meet The Press on Sunday Morning and he looked good in a Black Swan motif. Here is what some commentary had to say: LATimes – What Jamie Dimon Didn’t Tell You on Meet the Press NYTimes – What the Banker Did Tell you in StageCoach FinancialTimes – Jamie Dimon creates a
One can almost hear the wailing Blues line – “Why Obama and Romney Ain’t Your Man”. It has a haunting truth to it as it careens around your head to a pulsing back beat. Day after day the the obvious becomes a refrain ever louder. These dudes aren’t going to do anything about the Financial
If the Republicans want a bona fide issue to tar and feather President Obama on, its his kowtowing to the banks exemplified most recently by the Housing Settlement. Once again, “for the sake of the economy”, banks get away with major white collar financial crime. Anything for a settlement. The $25Billion is peanuts in comparison to the the
The five major problems facing not just the US but almost all developed countries are the following: 1)Jobs are going to the developing countries with very favorable rates of exchange and wage level relative to prosperous developed countries. Wages in China, India, Vietnam, Brazil and others across the board are a fraction of the developed
5 Major Wicked Problems and US Election Politics Read More »
Over and over again, the world is seeing an anguishing and paradoxical debate over the Deficit Conundrum . Simply stated, nation after nation has allowed bubbles of inflated values to occur, accumulate and eventually topple their economies. The classic bubbly case is the overinflated housing markets in the US and parts of Europe that burst
The following stories catch various Evangelicals and other Christian groups misbehaving: NYTimes – The Evangelical Rejection of Reason YouTube – When Christians Misbehave Guardian – Attacks on Mitt Romney for Mormon faith heightens Republican rivalry. ChristianPost – Can Christians escape the “Hate” label in Gay marriage debate? Wikipedia – Anti-abortion violence, Christian terrorism This raises
For the past few years admirers of Hewlett Packard as envisioned by the two founders, William Hewlett And David Packard, have had to endure so much unseemly tumult at the top. This is definitely not the founder’s enlightened HP Way. The following Dilbert cartoon catches the madness: But the humor is truly black. Is the
This is the second part of the Taketh5th review of NYTimes Roger Cohen’s assessment US Interventionism. Our first take was that despite over 100 years of increasing US Intervention in foreign affairs and despite not just the UN but a whole phalanx international agencies such as Atomic Energy Commission, WHO, IMF, World Bank, and others
Reuters has a story on investigation of S&P and Moody’s by Justice department for their role in the Mortgage meltdown of 2007-2008. Clearly the question is why is this probe starting up 3 years or more after the fact. Here are 5 possibilities: 1)It takes a long time to do Financial fraud prosecutions. Also GOP has held
The Ratings Agencies Moodys and S+P: Investigations 3 Years Late Read More »
Memo to: President Barack Obama Subject: NYTimes/Princeton’s Paul Krugman was right three times Dear Mr. President We regret to inform you that Paul Krugman was right three times. First he was right about the size and targeting of the stimulus funds. JedReport, June 2010 – Stimulus Spending: Paul Krugman was right – it was not nearly enough
Memo to: B. Obama – Paul Krugman Was Awfully Right Thrice Read More »
Ye Editor has previously put forward the idea that the GOP is coming apart at the seams and the only thing uniting the Republican party is the notion of making Obama a one term President. Now that the split in the House between the two factions in the GOP has become an open festering wound
The Only Thing Uniting the GOP Now is “Get Obama” Read More »
The most interesting item heard on NBC’s Meet the Press and ABC’s This Week was the fact that both parties were working towards a 4PM Sunday deal so that the Asian stock markets which are at 9AM Monday time did not spike downwards because of the continued US Debt Ceiling Gridlock . It shows where
News Corp International is the name of Rupert Murdoch’s media empire that stretches from his native Australia [owning many of the largest Australian newspapers] thru Europe with many interests based in England [including Harpers Collin Book Publishing, Sky Italia and other Sky TV networks, several newpapers including the Sunday Times and the just now defunct
As Murdoch’s News Empire Crumbles: Rule of Law Implications Read More »
There is a growing unrest that sees President Obama badly overshooting his Centrist tendencies and becoming a Republican. Ye Editor has raised the issue most recently with Race to the Bottom: Obama Curries Wall Street Favors. But Huffington Post’s Drew Westen has done the careful spadework and here is a sampler of an essay laced
The 3rd Wing of the Republican Party: President Obama Read More »
Being deliberately irrational has become the modus operandi for the GOP as the party of Political Conservatives. However, in recent months, the conservative norms have taken ever more extreme forms including the deliberately irrational or mendacious. Take the latter and Republican Senator John Kyl of Arizona who declared in the Senate that 90% of Planned
Anthony Mozilo, the former CEO of Countrywide Financial , just got tagged by the SEC with “the biggest financial penalty ever against a public company’s senior executive”. This follows the settlement earlier this summer with Goldman Sachs in which the SEC also claims the largest fine ever – $550 million. It appears the SEC is
US Financial Justice 2010: No Cost, No Admission of Guilt Read More »
