Monday, March 31, 2014

 

Kenyon College from the air



This was shot with a quadcopter at Kenyon and it is awesome.  I want this toy.  Painted black with night vision...

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Friday, March 28, 2014

 

High-frequency trading hurts regular customers, Michael Lewis tells ’60 Minutes’

High frequency traders have found ways to use their speed to gain an advantage that few understand,” says Lewis in the interview.

“They’re able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price,” says Lewis. “The speed advantage that the faster traders have is milliseconds…fractions of milliseconds.”
IOW, front running.

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Taken By Trees - "Dreams"

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Wednesday, March 26, 2014

 

I think Bill O knows this guy

On this day, our pest control guy won a mighty battle. - Imgur

Tuesday, March 25, 2014

 

The Cost of College: Sizing It Up Beyond the Sticker Price

"One thing I do suggest is try to do a campus visitation. See what you're getting yourself into before you actually start the [application] process," she says. "Also try to talk with some of the alumni that have graduated from the institution to see how the institution has benefited them."

I would strongly suggest visiting many schools with an eye on what you want to study.  Finding a good fit is extremely important and can save a lot of time and aggravation.   I wish I had visit more than one college just so that I had a choice. 

Monday, March 24, 2014

 

Illegal Aliens, Non-Citizens Caught Voting In Florida In Vast Numbers

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Saturday, March 22, 2014

 

"Men's Rights" Activists Are Trying to Redefine the Meaning of Rape

Yes, back to the standard that was used before the Obama administration.  That is what leftists do, make wholesale changes then accuse you of what they have just done when you want to reverse their mischief. 

The Foundation for Individual Rights in Education, along with Minding the Campus, wrote extensively about the "Dear Colleague letter" sent by Russlyn Ali, the Department of Education's assistant secretary for civil rights, to America's various educational institutions. The letter threatened loss of funding if these institutions did not comply with their title IX obligations, which would be title IX of the 1972 educational amendments. Educational institutions which receive federal funds may not discriminate on the basis of sex, and an environment where people are frequently the targets of sexual harassment is considered a hostile one, and therefore discriminatory against the targets based on their gender.
While F.I.R.E. and Minding the Campus have done yeoman's work in bringing this matter to people's attention, they have missed the larger problem with the "Dear Colleague" letter. Treating rape as a form of sexual harassment trivializes rape, placing it in the same category as off-color jokes and unwanted sexual advances. Furthermore, colleges are wholly unequipped to investigate and adjudicate rape cases, something the letter encourages them to do.

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Thursday, March 20, 2014

 

Can't Resist, Rush IS Variety!


Friday, March 14, 2014

 

Wolf People - All Returns

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China's Li Keqiang warns investors to prepare for wave of bankruptcies

On March 9th or 10th, 2000 (gimme a break it was 14 years ago) Abby Joseph Cohen and Mark Mobius both came out to warn that the NASDAQ had gotten ahead of itself.  The index was around 5000 at that point having risen from 3000 just 4 months earlier.  The saying goes that they don't ring a bell at the top but you couldn't have gotten a clearer signal that the stock market was way too high at that point.  I think we just had another bell ring.
China is braced for a wave of industrial bankruptcies as its slowing economy forces companies with sky-high debts to the wall, the country's premier has said.

Premier Li Keqiang told lenders to China's private sector factories they should expect debt defaults as the world's second largest economy encounters "serious challenges" in the year ahead.

Speaking after the annual session of the national people's congress, Li Keqiang said: "We are going to confront serious challenges this year and some challenges may be even more complex." He told lenders to China's private sector factories they should expect debt defaults. [Emphasis added.]



Friday, March 07, 2014

 

Trampled By Turtles - Widower's Heart

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Thursday, March 06, 2014

 

Obama working on his greatest concern for this March


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Tuesday, March 04, 2014

 

High-Speed Trading Isn't About Efficiency—It's About Cheating

I am not going to quote from the article from which the title is taken but rather the blog which discussed it because the blog had a better understand of the frailty HFT has introduced into the stock market and better solutions than  MOAR taxes. 

A frightful concern I've had for a long time is that if there is another steep stock market selloff, the HFT players will withdraw their bids and go flat on all positions.  Since the Specialist system is gone, there will be no one else left to make a market in stocks that are crashing.  I expect any stock market decline to be exacerbated by margin calls on over leveraged players.  If you divide the record high margin debt by the decreased volume of today (40% of what it was in 2007), this has the making of a lot of forced liquidation of stock with few or no institutions willing to take the buy side.   (Victor adds that computerized re-allocation of institutional assets from stocks to government bonds may also play a role in steepening any stock market decline).

 40%?  Wow.  HFT has destroyed liquidity not enhanced it.  In the next bear market we could see some serious vacuums where there is no trading on the way down.  

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Saturday, March 01, 2014

 

America’s Angriest Store

Outside the four walls of a Whole Foods, you might recognize these people as Gawker commenters or Twitter shamers. Inside, they are the breathless, self-important shoppers who just can’t believe!! that it’s taking this long to check out. They are busy, they have somewhere to be. Don’t these people in the other six open checkout lanes that are each 3 shoppers deep understand that, WTF??!?

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