Posts Tagged ‘stock market’
* The wisdom of markets: hacked @AP Twitter account sends Dow Jones Industrial Average tumbling 150 points in a few seconds.
* Graduate school and the peak-end heuristic. It’s a thing!
Peterson, who has a masters in linguistics from the University of California–San Diego and founded the Language Creation Society, spent twelve to fourteen hours a day, every day, for two months working on the proposal that landed him the Thrones job. When he was finished, he had more than 300 pages of vocabulary and notes detailing how the Dothraki language would sound and function. “The application process favored those of us who were unemployed at the time, which I was,” Peterson laughed.
* And a little something for the whatthefuckaricans out there: Marc Maron…IN SPACE.
* kimstanleyrobinson.info has your 2312 interviews and reviews. I’ll have a review of this in the Los Angeles Review of Books next month.
* Lindsey Thomas rounds up the season’s bleak articles on the state of graduate education in the humanities with a focus on the issue that nearly everyone overlooks: “Graduate students, especially in the humanities, are not just students, endlessly toiling away in our foxholes/ivory towers (depending on which side of the “debate” you’re on) in our lurching quests for new knowledge. No; we are also instructors, and along with the ever-growing numbers of adjunct and non-tenure-track faculty, we constitute over 70% of the postsecondary instructional workforce nationwide.”
* Erik Loomis reviews If a Tree Falls: A Story of the Earth Liberation Front.
* And Facebook may have botched its IPO in much more dramatic fashion than originally thought.
Following a damning resignation letter from Goldman whistleblower Greg Smith, Goldman’s stock plummeted 3.4 percent in trading yesterday. The company saw “$2.15 billion of its market value wiped out.”
* After he had obtained the signature page from his committee, Plaintiff inserted an additional, two-page section into his thesis without the knowledge or consent of his committee members. That section, entitled “Disacknowledgements,” began: “I would like to offer special Fuck You’s to the following degenerates for of being an ever-present hindrance during my graduate career….” It then identified the Dean and staff of the UCSB graduate school, the managers of Davidson Library, former California Governor Wilson, the Regents of the University of California, and “Science” as having been particularly obstructive to Plaintiff’s progress toward his graduate degree. Plaintiff later explained that he had not revealed the section to the members of his committee because he feared that they would not approve it. Today in Landmark First Amendment Cases.
* Alan Moore v. Before Watchmen: “If DC want to soil themselves in public and kill the reputations of a number of otherwise possibly halfway-decent writers and artists, then I’m certainly not going to stop them. And I shall take my fun and my pleasure however it comes.”
* I don’t even need to click a link labeled “Is this a picture of UFOs shooting laser beams at an airplane?” to know that yes, that’s absolutely what it is.
* A few weeks ago, Mitt Romney stuffed his foot in his mouth after proving to the common folk at a NASCAR race that he was a fan of the sport because he has “some great friends who are NASCAR team owners.” This week, he somehow crammed the other foot in there by repeating almost literally the exact same thing about the NFL.
The Stockbrokers Behaved as though Their Neighbor Had the Same Car, ‘And They Took After It With a Baseball Bat So They Could Look Better Themselves’
“Naturally one can’t characterize the traders as deranged,” Noll told SPIEGEL. “But for example, they behaved more egotistically and were more willing to take risks than a group of psychopaths who took the same test.”
The headline reads: “Share Traders More Reckless Than Psychopaths, Study Shows.”
* How to defend Obama’s record, from the man himself: “I think the key is not to get too bogged down in detail.” Geez, you said it.
* Americans hate everyone in Washington, but they hate Republicans a lot more. See, I am in the mainstream.
* But next time will be different! This time for real. We promise.
* The Daily Show has heroically managed to find humor even in the monstrosity that is the Super Congress. More important superhero coverage from Colbert, as well as cutting-edge coverage of NorthDakotagate.
* The heroism that dare not speak its name: The Married Lesbian Couple Who Saved 40 Teens From The Norway Shooter.
According to newly released tax data, “U.S. incomes plummeted again in 2009, with total income down 15.2 percent in real terms since 2007.” 2009′s average income of $54,283, which is the latest available data, “was at its lowest level since 1997 when it was $54,265 in 2009 dollars, just $18 less than in 2009.”
* Self-parody watch: Fox goes after Spongebob.
* Watchdogs Demand Investigation Into ‘Brazen’ $1 Million Pro-Romney Donation. Unfortunately I’ve just gotten an email from 2016 that explains how the Supreme Court will find this all perfectly legal.
* Dibs on the film rights: “Scientists say Earth once had a 2nd Moon.”
* Unbelievably, we’re still playing “Is Health Care Reform Constitutional?” Today’s entrant is Dawn Johnsen with The Simple Case for the Affordable Care Act’s Constitutionality.
* Was the Tea Party bluffing? Steve Benen reports. As has been stated here frequently both in the main posts and the comments, these conversations inevitably run aground on the assumption that Obama was playing against the Tea Party. Of course he was, to an extent—but he was primarily using them as political cover to enact cuts he genuinely wanted to enact. To say Obama “left something on the table” in the negotiations fundamentally misunderstands his goals.
* Life in Hell: ‘Man heard his eyeballs rotate, heart beat.’
* Cartoon of the day: The 24 Types of Libertarian.
* Tumblr of the day: Mad Development, mashing up quotes from Arrested Development with images from Mad Men. (Her?)
* And your sublime panorama of the day: the northern and southern night skies, in a single image.
* Hoping that lemming-like Congressional Democrats have worked through their little collective freakout over the course of the day and can get back to work with their historic majorities in both houses tomorrow. Seems like maybe they have. Just this once, you idiots, do what the GOP would do. Just shut up and pass the bill.
* Of course, it’s easier to blame the Left, which, having given up everything and gotten nothing all year, is obviously to blame for everything. It’s not like the Democrats ever wanted to actually do anything with their power anyway.
* Dow drops 200 on Brown’s win. Eagerly awaiting Fox’s mea culpa.
* The bill that the Senate Democrats passed did not substantially restructure the system of private insurance, nor the health care delivery system. It did not include a public option. It did, rather, about the minimum that you could do if you want to prevent people with pre-existing conditions from being denied health care. You can’t require insurers to cover people with pre-existing conditions unless you’re willing to put a mandate into place (otherwise, everyone’s premiums would rise substantially). And you can’t put a mandate into place without having some reasonably generous subsidies (otherwise, a lot of folks would go broke.) The Senate’s bill was about the least radical way to achieve something approaching universal coverage that can be imagined. It was nevertheless a bill that I think would do a tremendous amount of good for tremendous number of people, and so I’ve advocated for its passage. But with the possible exception of Wyden-Bennett (which not identifiably left or right although much more radical than what the Congress is considering), virtually any attempt to achieve universal coverage would be further to the left of this bill. Post-Partisanship Epic Fail.
* BREAKING: The Senate is still broken.
* If I’m understanding Steve King right, God crashed the economy, killed Ted Kennedy, nominated a weak Democrat who couldn’t campaign as his replacement, and finally put Scott Brown in the Senate all in order to stop health care reform at the last second. Sort of a roundabout way to use your omnipotence, but then again He’s always worked in mysterious ways.
* Or maybe God, knowing the House could pass tomorrow health care tomorrow if it wanted, actually doesn’t want climate change legislation. Because he’s sick and tired of our screw-ups and wants us gone, I guess.
‘Advisers told Summers, others not to put so much cash in market.’ I’m astoundingly undereducated about investing and I could have told them that.