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| "I don't think the report is true, but these crises work for those who want to make fights between people." Kulam Dastagir, 28, a bird seller in Afghanistan
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| Topic: Economics |
12:57 pm EDT, Aug 7, 2002 |
Courtesy of the so-called benchmark revision of the national income and product accounts, the recent performance of the U.S. economy has been cast in a very different light. The direction of this annual revision was hardly a shocker. The incoming monthly flow data had tipped us off to expect a weaker picture than the previous data had painted. But there is more to this revision than statistical noise. In my opinion, the new data now place the U.S. economy right on the brink of another recessionary relapse -- the dreaded double dip. Double dips happen because demand relapses invariably occur at just the time when businesses are lifting production in order to rebuild inventories. With the current production upswing well advanced -- industrial production has risen for six consecutive months -- a demand relapse would come at a most inopportune time. Yet with the U.S. economy now back to its stall speed, that's precisely the risk. Courtesy of the government's newly revised depiction of the U.S. economy, the odds of a double dip have risen, in my view. I would now place a 60 percent to 65 percent chance on such a possibility in the second half of this year. Double dip alert |
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Security warning draws DMCA threat - Tech News - CNET.com |
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| Topic: Technology |
1:11 am EDT, Jul 31, 2002 |
Hewlett Packard has found a new club to use to pound researchers who unearth flaws in the company's software: the Digital Millennium Copyright Act. Invoking both the controversial 1998 DMCA and computer crime laws, HP has threatened to sue a team of researchers who publicized a vulnerability in the company's Tru64 Unix operating system. Yow! If this solidifies into a court battle it could present the first amendment question that the Felton case nearly presented. However, I think there are a number of technicalities here that will prevent this case from making it into a courtroom. Security warning draws DMCA threat - Tech News - CNET.com |
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Behind the Music that Sucked |
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| Topic: Music |
1:46 pm EDT, Jul 13, 2002 |
A large collection of cartoon shorts making fun of the music industry. Watch Tobe Kenobi... Behind the Music that Sucked |
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| Topic: Cars and Trucks |
1:29 pm EDT, Jul 13, 2002 |
This is an automotive porn site. It even has pop-up ads. I'm going to take a cold shower.... European Supercars |
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Yahoo! News - Friends-turned-foes complicate Buffett's foray into telecom |
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| Topic: Technology |
2:54 am EDT, Jul 11, 2002 |
"Buffett has known Crowe for a long time. They have mutual ties through Walter Scott, CEO of construction giant Peter Kiewit Sons'. Scott is the founding investor in Level 3. Scott and Buffett are Omaha billionaires, which is a small club, and longtime friends. Buffett's offices are on a floor of Kiewit's Omaha headquarters. When Level 3 started, it leased space there, too. A few months ago, Crowe says, the three well-acquainted men -- Crowe, Scott and Buffett -- met to talk about opportunities in telecom. They figured there must be opportunities now that things are so bad that entire telecom companies will probably be sold on eBay." A great article on the political intrigue behind Buffet's purchase of Level 3 stock. Yahoo! News - Friends-turned-foes complicate Buffett's foray into telecom |
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web economy bullshit generator |
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| Topic: Humor |
10:54 pm EDT, Jul 9, 2002 |
strategize real-time methodologies
implement visionary content
scale innovative technologies
monetize bricks-and-clicks deliverables Oh yeah, that sounds like a PLAN... web economy bullshit generator |
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United States Congress XML and Legislative Documents |
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| Topic: Technology |
1:08 pm EDT, Jul 5, 2002 |
The purpose of this website is to provide information related to the ongoing work of the U.S. House of Representatives in relation to the eXtensible Markup Language (XML). Under the direction of the Senate Committee on Rules and Administration and the House Committee on Administration, the Secretary of the Senate and the Clerk of the House have worked together with the Library of Congress and the Government Printing Office to create Document Type Definition files (DTDs) for use in the creation of legislative documents using XML. As this is an ongoing project, it is important to note that the DTDs presented here have not been finalized, and may change over time. Any documents or programs created with these DTDs should be treated as beta material and not used in a production capacity. United States Congress XML and Legislative Documents |
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| Topic: Humor |
2:47 pm EDT, Jun 21, 2002 |
Well then... This is random... British people (shakes head) introducingmonday.co.uk |
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| Topic: Politics and Law |
11:05 am EDT, Jun 13, 2002 |
"Unless youve been held incommunicado by U.S. military forces and missed the previews running every five minutes on television, you probably know that Steven Spielbergs soon-to-be-released Minority Report is about a futurist police agency called Precrime. The agency is responsible for identifying and arresting murderers before they commit their crimes." A good quick summary of the general truth behind the articles I recommended yesterday. Department of Precrime |
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SEC votes to require CEOs |
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| Topic: Economics |
5:13 pm EDT, Jun 12, 2002 |
Federal regulators voted tentatively Wednesday to require chief executives to personally vouch for their companies financial reports, a Bush administration initiative inspired by the collapse of Enron Corp.
COMPANIES ALSO WOULD have to make public important changes in their operations much faster and report a wider group of changes under the new rules of by the Securities and Exchange Commission.
The 8-K form for reporting significant events or corporate changes important to investors would have to be filed with the SEC within two business days, rather than the current requirement of five days for some items and 15 days for others.
Among the new items that would have to be reported in the 8-K: the sort of off-balance-sheet transactions that helped topple Enron and unexpected departures of top executives, senior managers or directors. SEC votes to require CEOs |
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