Wow, first time this has ever happened to me.
Anyone else want to bet their job on the availability of cloud applications?
# – # – # – # – # 2011-Jul-15 @ 08:18
SERVICE: FACEBOOK goes tilt
Friday, July 15, 2011
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Technology | Tagged: cloud, cloud computing | 
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Posted by reinkefj
FUN: You can take my cereal when you pry it from my cold dead hands
Friday, July 15, 2011http://www.impactlab.net/2011/07/08/top-10-brands-that-will-disappear-in-2012/
*** begin quote ***
7. Kellogg’s Corn Pops
The cereal business is not what is used to be, at least for products that are not considered “healthy.” Among those is Kellogg’s Corn Pops ready-to-eat cereal. Sales of the brand dropped 18% over the year that ended in April, down to $74 million. That puts it well behind brands like Cheerios and Frosted Flakes each which have sales of over $200 million a year. Private label sales have also hurt sales of branded cereals. Revenues in this category were $637 million over the same April-end period. There is also profit margin pressure on Corn Pops because of the sharp increase in corn prices. Kellogg’s describes the product as being “Crispy, glazed, crunchy, sweet.” Corn Pops also contain mono- and diglycerides, used to bind saturated fat, and BHT for freshness, which is also used in embalming fluid. None of these are likely to be what mothers want to serve their children in an age in which a healthy breakfast is more likely to be egg whites and a bowl of fresh fruit.
*** end quote ***
Ow! Say it ain’t so. My Mom used to give me a bowl of dry cereal in place of my much desired potatoe chips as a form of “weight control”. Little did she know, (I’m guessing), that Corn Pops were worse. Or at least, equally bad. Argh!
If I buy a bedroom full of them, will they last until I die?
Or should I just transfer to Golden Honey Smacks?
Yeah, I love sugary stuff. But, KCP and GHS is like crack for fat old white guy injineers!
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Posted by reinkefj
MEMORIES: Thinking about Bayonne
Thursday, July 14, 2011I was enjoying an adult refreshment last night at a local establishment. (Shocking I know.)
Comcast’s Cable12 News will be doing a local segment on Friday at 5PM about Bayonne. Heartbroken for my “Bayonne Girl”. Good thing I don’t have cable, it’d make me sad. And, she would have gone to great lengths to see it.
I wonder how our lives would have been different was it not for Jimmy Carter’s gas crisis when I got out of the USAF. I was working in Piscataway and we were up in Bayonne. Even odd. We had even; her brother had odd. I’d go to work and she’d take the other car to wait on the gas line.
We had to move closer to my work.
Hence we left Bayonne and settled in North Brunswick. Soon after, she was diagnosed with diabetes by Doc Ron who was kool, Pragmatically, he reassured her to enjoy life.
She knew from her brother’s life experience what she was in store for. She took it like a trooper. Stoically.
I, on the other hand, was the typical Type A. I wanted confirmation. (Even though intellectually I knew that diagnosis was right.) I wanted her to go to Joslin. I wanted specialists. I wanted experts. I wanted action. I wanted a cure.
She mollified me by going to a Joslin program at Saint Barnabas. They were just a bundle of bad news (i.e., shortened lifespan to age 45 to 50, complications, blindness, infertility, other associated diseases, organ failures). Upon reflection, I can now understand why she just didn’t want to be bothered with it. She knew they were going to tell her bad stuff. But she went to humor me.
The gas crisis eventually ended. But we never moved back to Bayonne. Wonder how it would have been different if we had? Can I blame it all on Doctor Ron? And, maybe if we had done more it would have ended differently.
Yup, she’d have strangled me!
:-)
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Posted by reinkefj
POLITICAL: Time magazine, “One Document, Under Siege”; just wrong!
Thursday, July 14, 2011Fourteen Clear Factual Errors in Richard Stengel’s Essay on the Constitution (And I Am Looking for Your Help)
Posted by Aaron Worthing Jun 29th 2011 at 2:49 pm in Featured Story, Mainstream Media, Time Magazine, corrections/retractions, media bias
*** begin quote ***
On June 23, 2011, Time magazine published an essay entitled “One Document, Under Siege” (one page version, here) by Richard Stengel. I consider the publication of this article to be nothing less than a scandal. Besides the deep philosophical disagreements I have with Mr. Stengel, the piece simply fails as journalism. As I will demonstrate in this post, there were fourteen objectively verifiable errors in Mr. Stengel’s piece, half of which could have been discovered simply by reading the Constitution itself.
*** and ***
Here are the fourteen errors, in short:
1. The Constitution does not limit the Federal Government.
2.The Constitution is not law.
3. The Citizenship Clause of the Fourteenth Amendment emancipated the slaves.
4. The Citizenship Clause of the Fourteenth Amendment granted the right to vote to African Americans.
5. The original Constitution declared that black people were to be counted as three-fifths of a person.
6. The original, unamended Constitution prohibited women from voting.
7. The Commerce Clause grants Congress the power to tax individuals based on whether they buy a product or service.
8. Inter arma enim silent leges translates as “in time of war, the Constitution is silent.”
9. The War Powers Act allows the president to unilaterally wage war for sixty days.
10. We have only declared war five times.
11. Alexander Hamilton wanted a king for America.
12. Social Security is a debt within the meaning of Section Four of the Fourteenth Amendment.
13. Naturalization depends on your birth.
14. The Obamacare mandate is a tax.
*** end quote ***
I’m not a scholar of anything. Well, maybe of the bits of flotsam passing me by that cause me to react. Here are two bits that attract my eye, and now my keyboard.
When I saw the Time magazine article on the web, I read it.
I saw #1 and #5 in the original Time article and wrote the intire article off to “liberal media bias”. That’s why I never buy magazines and rarely buy a paper.
#1 was outrageous. I knew that from Reading Tom Woods’ stuff.
I spotted #5 thanks to Walter Williams eloquent writing about the “three fifths” as how the Dead Old White Guys dealt with balance in representation.
Impressive collaboration by this author to pull together others to refute the Time article.
Shame on Time for producing such drivel. The sad part is that folks have read it and think it’s correct.
Argh!
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Posted by reinkefj
FUN: IF AIR TRAVEL WORKED LIKE HEALTH CARE
Thursday, July 14, 2011
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Posted by reinkefj
NEWJERSEY: Partially good; partially dumb
Wednesday, July 13, 2011*** begin quote ***
Community Message has been issued by the South Brunswick Twp Police Department.
Monday July 11, 2011 11:20 PM EDT
FATHER CHARGED WITH ASSAULT BY AUTO, CHILD ENDANGERMENT FOR ACCIDENT THAT CRITICALLY INJURED DAUGHTER
A Somerset County father has been charged with second degree assault by auto and second degree child endangerment, as well as drunk driving and reckless driving following an investigation into a May 21, 2011 accident. The accident took place at the intersection of Ridge Road and New Road in the Monmouth Junction section of the Township. The accident happened when Sarathe Gunaskera age 56 of Bedminster drove his 2001 Lincoln Town Car on New Road through a stop sign and into a Ridge Road home.
The intersection requires drivers on New Road to make a left or right onto Ridge Road. At the time of the accident Gunaskera told officers he drove straight because his GPS did not tell him to turn. An investigation by Officer Monica Posteraro and the South Brunswick Traffic Safety Bureau uncovered evidence the GPS was not to blame. The investigation discovered that Gunaskera was intoxicated at the time of the crash and had just left a gathering near the scene of the crash.
The accident severely injured Gunasekera 13-year-old daughter. She suffered a head injury and multiple facial fractures. His wife was also injured in the crash suffering a severe head laceration. Both have been released from the hospital.
Gunasekera was charged after blood samples submitted to the New Jersey State Police laboratory came back showing his blood alcohol concentration was above the legal limit. The severity of the charges was increased because the accident took place within a 1,000 feet of an elementary school.
Gunasekera surrendered at South Brunswick Police headquarters at 4:20pm Monday afternoon. He was released after processing and posting $50,000 bail.
*** end quote ***
Now I think DUI with it’s numerical limits is dumb.
In this case, there was damage and injury. That’s serious stuff.
In this case, there’s restitution due to all the victims.
The case is probably open and shut. Drinking and accident with personal injury and property damage.
Should throw the book at him … …
… … but not because it was within a 1k feet of a school?
There are hospital bills and emergency services expense that need restitution.
So, “We, The Sheeple” need to be protected from this menace, but it would be interesting to see what really happens.
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Posted by reinkefj
MONEY: A Marshall Plan; the USA is broke
Wednesday, July 13, 2011http://irisheagle.blogspot.com/2011/07/marshall-plan-is-not-what-eu-needs.html
WEDNESDAY, JULY 06, 2011
A Marshall Plan is not what the EU needs
*** begin quote ***
A column in the Guardian calls for a new Marshall Plan to save the EU, but unfortunately the EU’s dominated by leaders who believe in unconstrained free market capitalism, according to Mark Mazower. That’s a load of twaddle.
The EU’s problem right now is that EU enthusiasts ran too far out in front of the citizens of the various nations. They pushed for an integrated EU that required a lot more solidarity and a lot less nationalism than the people of the EU were ready for. Unfortunately they ended up with a fudge – a unified currency stretched over loosely unified national economies. It’s stuck in between integration and a loose confederation, which is a disaster.
*** end quote ***
Seems like it also overlooks that the entropy of large states is crashing. The USSR is a classic example. Shattered to bits and parts by an unsustainable economic model. The USA may be going the same way. That is the 80 year experiment with the FED’s fiat currency may be concluding with disastrous effects. You can NOT trust politicians and bureaucrats to restrain their base human emotions to give the mob bread and circuses to stay in office. Looting the public treasury by crony capitalism while expecting the world to pay for it in the hidden tax of inflation. Sadly, it’s those who trust in the value of a dollar, or a euro, that are going to pay the price. The Rich, like roaches, always survive; it’s the Poor that get hurt. Argh! What fools these mortals be. There’s a reason that gold has always been money; it keeps the politicians honest.
Besides “no entangling alliances” seem still to be good advice.
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Posted by reinkefj
TINFOILHAT: CERTIFIGATE
Wednesday, July 13, 2011CERTIFIGATE
Deception evidence reaches Oval Office?
Analysis says everything president, lawyers said ‘was carefully orchestrated and scripted’
Posted: July 11, 2011
By Bob Unruh
*** begin quote ***
In an allegation that pushes the dispute over Barack Obama’s presidential eligibility to a new level, an affidavit prepared to accompany a criminal complaint over the “Certificate of Live Birth” released April 27 suggests there was a plan to mislead the American public, and it went as high as the Oval Office.
“What I believe you are looking at is a classic example of an attempt at plausible deniability,” wrote Doug Vogt, who has filed a criminal complaint that charges Obama’s birth record is forged.
Vogt, who describes himself as an expert in documents, typesetting, imaging, scanners and document imaging programs and has owned Archive Index Systems since 1993, referenced the widely broadcast White House event when officials, including then-White House Counsel Robert Bauer and Obama’s communications director Daniel Pfeiffer, released the purported Hawaiian “Certificate of Live Birth.”
*** end quote ***
As usual, the cover up is what kills you.
There are an awful lot of people who should be testifying under oath in front a Grand Jury.
And, as before, it all comes down to the question: “Why?”
Followed immediately by “Who knew what? When?”
I’m convinced that “We, The Sheeple” have been defrauded, deceived, and manipulated.
Why?
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Posted by reinkefj
RANT: “Default”? No way, not needed
Tuesday, July 12, 2011As a political junkie, I’m enraged when some bozo (i.e., politician and /or bureaucrat) is allowed by some talking head to say “default” without opposition.
IMHO any reasonable person would pay the interest on the debt first, then the social security and other mandatory welfare payments, and come up with a “total must pay”. Subtract that total from the budget to come up with “what’s left to pay”. Subtract “total must pay” from current receipts for “what’s left”.
Divide “what’s left” by “what’s left to pay” and that’s the haircut that the budget must be slashed by.
No one is going to be happy, but no default. It’ll set off a lot of wailing and gnashing but that’s what fiscal discipline is all about.
That’s why I say don’t raise the debt ceiling. And, don’t let politicians and bureaucrats scare old people by saying no soc sec or the markets by saying default.
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Posted by reinkefj
POLITICAL: Too big to fail?
Tuesday, July 12, 2011http://lewrockwell.com/margolis/margolis249.html
Banks Should Die for Their Countries, Not Countries for Their Banks
by Eric Margolis
*** begin quote ***
Greece is using the same scare-tactics that the supposedly too-big-to-fail insolvent US banks employed in 2008: “if I go down, I’ll take everyone with me.”
In this case, it’s Europe’s big banks. Three big French banks, BNP, Crédit Agricole, Société Général, hold large chunks of Greece’s debt. If Greece defaults, goes the hue and cry, French, German, Swiss, and Belgian banks may crash.
Here we go again. Politicians have allowed the banking industry not only to grow larger than manufacturing, notably in the United States where the top five banks control 40% of all deposits, but to become so powerful, over-extended, and risky they are a danger to itself and the public.
Bankers who invested in Greek debt or US subprime mortgages were greedy fools and should be fired, not rescued.
*** end quote ***
Seems logical to me “2big2fail” is “2big2be”.
Only politicians and bureaucrats don’t seem to see the concept.
Nature only allows an efficient size.
“We, The Sheeple” need to update our paradigms and memes.
# – # – # – # – # 2011-Jul-12 @ 07:54
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Posted by reinkefj
INTERESTING: Poverty; the meme
Tuesday, July 12, 2011Mom’s apple pie fuels cyclists on last leg of Cycling for Change
By Kevin Kelly
*** begin quote ***
“Poverty hasn’t gotten any better,” he said. “It will take a cooperative effort of government, church and business. If we all work together, we can solve this problem. But if we keep fighting, it will continue.”
*** end quote ***
Didn’t the New Testament say that the poor we will always have with us?
And, “poverty” by what measure?
Argh! Seems like we have a fundamental failure of paradigms and memes.
Paradigm in what we see as poverty. If I have food to eat and a roof over my head, am I poor? If I have “stuff”, am I poor? If I have “habits”, am I poor? I refer back to that fellow in Africa waiting on line to get into the USA, who when asked why, answered “You have poor people who are fat”.
Meme failure is that “poverty” is something that can be “cured”. And certainly, anything that depends upon Gooferment is not going to work.
It would seem that people are poor based on the choices that they make. We need to figure out how to help them learn to make better choices. What we have is a system that enslaves them in poverty. We have multigenerational families who are farming the welfare system. And the politicians and bureaucrats like that just fine. Instant voting block.
Some times the way out is tough love?
End the phony fiat money and the inflation that accompanies it. Privatize Social Security so that the poor can pass on their hard work. End the dole. End the minimum wage. End Gooferment Skrules. End the drug war. End all the wars not specifically declared by Congress and accompanied with a surtax to pay for it.
Then maybe you can redefine poverty.
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Posted by reinkefj
INTERESTING: What would you do with Jeter’s ball?
Monday, July 11, 2011Sat Jul 09 03:48pm EDT
Fan returns 3,000th hit to Jeter, team rewards his generosity
By ‘Duk
*** begin quote ***
As a 23-year-old cell phone salesman, Christian Lopez had thousands of reasons to hold out for the highest bidder on the baseball from Derek Jeter’s(notes) 3,000th hit. In fact, some estimates put the ball’s worth at $250,000, money that the recent graduate from St. Lawrence University could have certainly used.
And yet when New York Yankees officials found Lopez after he corralled Jeter’s historic home run, the only thing that the big Yankees fan wanted was to return the ball to the man who had hit it.
*** and ***
What would you have done?
*** end quote ***
Wow, that’s a tough one.
I doubt I’d have been as gracious as this fellow.
I’d hope that I’d tie two baseball stories together.
Remember that fan who fell to his death leaving his son an orphan?
I’d have gotten my favorite lawyer to negotiate a deal. The fair value of the ball should wind up in the Texas Rangers’ account that was setup for the child and Jeter should get the ball. And, how it all happens are mere details. Since I had possession of the ball, I’m sure it could all be worked out.
I hope I’d have the stones to make it happen.
That’s what I think I’d have done. Or, what I’d like to THINK that’s what I’d have done. It’s what I HOPE i’d have done.
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Posted by reinkefj
INTERESTING: Lone parents, the large majority of whom are women
Monday, July 11, 2011SINGLE MOTHERS:SINGLED OUT Summary: the impact of 2010-15 tax and benefit changes on women and men
*** begin quote ***
The Fawcett Society is the UK’s leading campaign for equality between women and men and traces its roots back to 1866, to Millicent Fawcett’s peaceful struggle for women’s right to vote. Fawcett’s vision is of a society where women and our rights and freedoms are equally valued and respected and where we have equal power and influence in shaping our own lives and our wider world.
*** and ***
Findings:
• Single women are hit harder than single men, couples and multifamily households by the current government’s tax and benefits changes.
• Lone parents, the large majority of whom are women, are, on average, among the biggest losers as a result of the reforms.
*** end quote ***
I found this interesting. Here’s why:
(1) The groups logo says “closing the inequality gap” and a clever graphic “wo since1866 man”. Excuse me but am I to understand that this group has been going on since 1866? That’s insanity. It’s a cult. Or someone has figured out a multigenerational way to earn a buck. Oh, it’s UK, a pound. Wow, talk about a model for failure. What would you call working on a problem for 177 years and not solving it. Wow!
(2) Economists have long pointed out that single mothers are going to be poor and have a hard life. Old women should be telling younger women this fact from birth. It’s a meme that needs to get into the culture.
(3) Single moms is a poor way to raise a child. I know. Even with a good family structure to give support, the child is deprived. Women need to choose their mates wisely. (Sorry Mom, RIP, but you know that’s true.) In nature, the females make the males prove their worth. In humans, “free love” screws woman and child.
(4) The Gooferment can try to redefine marriage in response to pressure groups. But, the family, a husband and wife joined forever has been the way to “do” children. Regardless if you believe in “evolution”, we have a grazillion years in field testing how to raise children. Nuclear family with a stay at home mom seems to be the best answer.
(5) Once again, women are to blame for these problems. “Yes, when we get out of here. We’re going to have to fix that. You know we control something that can get it done. Not the ballot box, but the other box. (A giant sucking sound as pure Miss Marie used that very rude idiom.) We can end war.” — character “Marie” being anti-war in CHURCH 10●19●62 Volume 1 Page 262
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QUOTE: Women
Monday, July 11, 2011“Women and cats will do as they please, and men and dogs should relax and get used to the idea.”
— Robert A. Heinlein
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FLASH: Another American death!
Sunday, July 10, 2011http://news.yahoo.com/us-defence-chief-iraq-surprise-visit-152728095.html
Panetta in Iraq as another US soldier killed
By Mathieu Rabechault | AFP – 7 hrs ago
*** begin quote ***
US Defence Secretary Leon Panetta arrived in Baghdad on Sunday to urge Iraqi leaders to act against Iran-backed Shiite militias, as another American soldier was killed in the south of the country.
*** end quote ***
Donna Nobis Pacem
# – # – # – # – # 2011-Jul-10 @ 22:33
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TECHNOLOGY: Apple does evil?
Sunday, July 10, 2011http://m.techeye.net/security/us-spooks-arrest-artist-for-tinkering-with-apple-macs
US spooks arrest artist for tinkering with Apple Macs
It’s terrorism
08 Jul 2011 09:41 | by Nick Farrell in Rome | posted in Security
*** begin quote ***
Tinkering with Apple computers in one of its cathedrals of shallowness is now a terrorist act.
According to AP, the fruity cargo cult called in the US Secret Service after it discovered that some of the Apple Macs in its New York Store had been profaned by unauthorised software which appeared to take pictures of customers.
*** end quote ***
Unfortunately!
- My little more than a year old MACBOOKAIR has as many problems as my old WINDOZE machine. And, it’s had two bare metal restores and three type 1 hardware problems.
- APPLE is arguably as bad as MICROSLOTH! … but with better support at the genius bar.
- Linux is the wild frontier. But maybe it’s better?
- Google’s CHROMEBOOK is an interesting take on Cloud Computing.
- Crony capitalism is one of the terrible feature of today’s Gooferment.
So what does one do?
Beats me.
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MONEY: Retirement? fuhgeddaboudit!
Sunday, July 10, 2011http://lewrockwell.com/north/north1001.html
Never Say Retire
by Gary North
*** begin quote ***
I had concluded that millions of baby boomers would discover at age 65, much to their chagrin, that their plans for a comfortable retirement had been smashed by the reality of low economic growth, low returns from the stock market, their own insufficient savings programs for decades, and inflation. I figured that I might create a Website based on the theme, “never say retire.” I have not developed that site, but at least I set up a department on my Website. So, if anyone types the words “never say retire,” he is directed to my department.
*** end quote ***
The truth about retirement. Argh! “We”, as a society, waste the first 25 years and the last 20+ years of life. “School” isn’t about reading children to take their place in the civilization creating wealth. “Retirement” isn’t about the “golden years”; they are removed from the workforce at the height of the wealth creation capability. Argh!
Retire? fuhgeddaboudit! (translation from the Brooklyn dialect: “forget about it” with a sneer.)
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TECHNOLOGY: Google’s GOOGLE+ might be a big winner
Saturday, July 9, 2011Recently I scored an invite to GOOGLE+, Google’s competitor to FACEBOOK. While my initial experience with it has been rough, I can see that this could be a BIG winner for Google in the “enterprise space”. It may even compete with LinkedIn, the recruiter’s white pages. This is also a competitor for various products and services that do “management of enterprise identities” (e.g., SALESFORCE; sales funnel management tools, Customer Relationship Management products). That’s how big it could be.
In a nutshell, it’s like FACEBOOK for a User’s define communities.
I’d suggest that every IT person should be grabbing a GOOGLE+ invite and try it for themselves. It’s going to be in the enterprise and everyone should understand the raw power that it represents.
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TECHNOLOGY: Free public access for a month to 6.5 Million eBooks
Saturday, July 9, 2011http://web.resourceshelf.com/go/resourceblog/64627
Millions of eBooks Available at the World eBook Fair
July 6, 2011 20:31
*** begin quote ***
The World eBook Fair runs from July 4 through August 4, 2011. Their goal is to provide Free public access for a month to 6.5 Million eBooks. Project Gutenberg and the Internet Archive are both contributing organizations and will be presenting a number of items in other media this year, including music, movies and artwork, even dance choreography. The collections include light and heavy reading materials, more reference books, scientific items, etc., and about 50,000 music entries in addition to the 12,000 that debuted last year.
*** end quote ***
Wow, can one OD on content?
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RANT: Scapegoating criminals; not the real culprits
Saturday, July 9, 2011FROM FACEBOOK
*** begin quote ***
Remember when teachers, cops, firemen, government employees, NPR, PBS, and Planned Parenthood blew up the stock market, wiped out most of our 401Ks, took trillions of dollars in taxpayer funded bailouts, spilled oil in the Gulf of Mexico, gave themselves billions of dollars in bonuses, and paid no taxes?
Yeah, me neither.
*** end quote ***
FJohn Reinke response:
Well, none of that litany is completely innocent. See “We, The Sheeple” allowed the politicians and bureaucrats to make a mess. And, Unions of Gooferment employees is by definition corrupt. (Union “negotiates” with politicians, with whom they give campaign cash, labor, and votes. Translation taxpayers get shafted.) Also, when these various frauds were being perpetrated, what did “We, The Sheeple” do? Nothing! So what’s the issue that will bring the folks to the streets. Then maybe something will change. Vote Ron Paul!
# – # – #
Argh!
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INTERESTING: Copyright violation
Friday, July 8, 2011I have a bunch of content. Commonly called LP33s, 45s, Cassettes, books, software, hardware. Paid list price for them.
Problem: I’d like to enjoy them on my laptop or my ipad.
Why should I have to pay for the content again?
If I download them via bit-torrent from a pirate, then how much trouble can I be in?
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SERVICE: GOOGLE+ slugish start
Friday, July 8, 2011GOOGLE+, Google’s version of FACEBOOK, is off to a slow start.
Somehow, not really sure how, I scored an invite.
Initial setup was trivial.
Added about forty folks whom I thought could benefit and enjoy this new “facebook”.
The big attraction to me was the ability to update, like “tweet”, to a specific subset of identities. My highschool mates versus my favorite headhunters versus my relatives.
Rumor hath it that adding someone to a circle triggered an invite.
So I loaded a dummy email (i.e., one of the many I have for various purposes) and about 12 hours later, it received an email update but no invite. So much for that myth.
It’s not very useful without participation. I could effect the same result with a big CC list.
Also, it appears that I can’t control the display name of the identity in my circle.
Also, it appears that there is a weak linkage to GMAIL’s contacts. With no “update”. I went to GMAIL’s contacts and I can’t figure out where the “name” for an identity is coming from. I loaded an email into GOOGLE+ and put in the name in the format I like. Poof, it gave it a different name that is not related to anything I have for it. Weird? And, I can’t fix it.
Finally, putting a post in the Google group for support, generates an email summary of a hundred or so messages, at semi random intervals.
Interesting?
# – # – # – # – # 2011-Jul-08 @ 06:26
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Posted by reinkefj
JOBFINDING: .Net Developer- Boston Contract
Friday, July 8, 2011Location: Boston
Contract: 2 Months – option to extend or hire. Can start ASAP
Requirments: Can be flexible on on listed below C#.Net is most important.
Rate: Negotiable
Company: Asset Manager $22 Billion AUM
Position Overview
The primary responsibility of the Developer is to work with portfolio managers, analysts and traders on a daily basis to assist in enhancing the organization’s investment processes. The Portfolio Associate will report to the head of implementation for the stock selection products.
Position Responsibilities
• Assist analysts with:
o Developing new systems to enhance the process of optimizing portfolios
o Creating tools to assist in analyzing performance attribution
o Reviewing and enhancing quality control and risk management reports
• Assist traders with:
o Enhancing the reconciliation process
o Creating proprietary transaction cost analysis tools
• Create tools and reports which effectively communicate key investment positions and risks to team
Education and Work Experience
• BA or BS degree required: major in finance, computer sciences, operations management, mathematics or similar discipline is preferred
• Superior undergraduate record
• Prior work experience in the financial industry with firm understanding of basic equity concepts, where applicable, is a plus
• Excellent computer skills, including working knowledge of C#, S+, SQL or similar
• Team player; willingness to work with people at all levels to promote the common interest, willingness to work tirelessly toward the achievement of both departmental and personal goals
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Posted by reinkefj
POLITICAL: Price support and price ceilings are just hidden taxes on a free market
Friday, July 8, 2011FROM FACEBOOK
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Seems to me that it’s a spectacular leap of illogic to assume that allowing employers to pay subsistence (or worse) wages to all would somehow help with the problem of youth unemployment.
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Well, I’m just a fat old white guy injineer, but Austrian economists don’t seem to see it as such a big leap. If all labor rates have a floor, then the inexperienced, who can’t present a value equation greater than the artificial floor, will go unemployed. If I’m a shop owner and have a dirty floor that is worth 4$ to clean, I can hire the local kid to sweep it without falling a foul of the Gooferment diktat. The work goes undone, or the shopkeeper does it himself. And, the local kid loses an opportunity to learn critical skills — show up on time, do a good job, and be polite to all. And, that’s how you get 40% minority unemployment. A diktat precludes a free marketplace for labor. If you’re still unconvinced I can tell you about my cousin the elevator operator.
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Anytime the Gooferment creates a “price support” (i.e., minimum wage, milk prices, sugar tariff, tobacco subsidy) or a “price ceiling” (i.e., rent control, financial interest rates, ATM fees) they are screwing the little people and enriching their political contributors. Support for milk farmers means that poor people pay more than they have to. Why is a gallon of milk cost as much as a gallon of gas? Just visualize the effort into gas versus the effort for milk. Rent control ensures that rental units are in short supply and “hogged” by politician like Rangal who had 4 rent controlled apartments. Why do people get to inherit a rent controlled apartment? Guess poor people don’t need good affordable housing. Argh! The politicians and bureaucrats have done a great job fooling “We, The Sheeple”.
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Price support translate to being forced to pay more than you should have to. It’s a transfer of wealth from the buyer to the seller. The seller can sell as many units as they would with out interference. The buyers have less to spend. And, at the margins, there are people who can’t afford the product at the higher price.
Price ceiling translate to being unable to buy what you want (i.e., shortages). Rent controlled apartments are NOT offered as they would in a free market because the owner can’t recover their true costs.
Seems obvious in both Keynesian or Austrian economics.
We have prosperity because of capitalism, the division of labor, and the free markets. The invisible hand of the market assures tht everyone gets an equal amount of “happiness” with the minimum of overhead (i.e., Buyers and sellers don’t trade unless both are better off. Non-buyers and non-sellers don’t trade because neither would feel better off. The free market is an immense calculator that uses price to balance supply and demand. It’s a beautiful “thing” that makes us cooperate to everyone’s betterment. Until the Gooferment gets in and messes things up.)
Argh! Sigh!
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Leave a Comment » | Political | Permalink
Posted by reinkefj
MONEY: Rollover 401Ks and carefully consider being in one today
Thursday, July 7, 2011http://www.doughroller.net/investing/rollover-401k-to-ira
Should You Rollover a 401(k) to an IRA
by DR
in INVESTING
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I quit my job last month. After more than six years investigating the financial audits of public companies, I’ve decided to go back to the private practice of law. So after a summer sabbatical, I’ll be returning to my old firm in August. And that raises one important question—should I rollover my 401k to an IRA.
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I’d suggest that the GENERAL rule of thumb is ROLLOVER. The SPECIFIC rule is you better have a superior reason for not doing it.
Rationale:
(1) 401Ks have sponsors (your old employer) and providers (e.g., Fidelity; Vangard; others) rarely does this relationship not have its conflicts. The literature is replete with examples of often illegal activities. You have to be very skeptical of what decisions are being made for you.
(2) Fees. You don’t know all the fees and guess who pays them.
(3) Investment options. Always limited by comparison. I’m a perma bear! (Have you seen what the US Gooferment has done to the money, the debt, the deficit, the spending, and the entitlements? And, you think this is going to be good!) Try and put your retirement money into gold. You can in certain IRAs.
(4) As a bear, I am interested if my retirement savings retain their value. A nice account denominated in Swiss Francs or Chinese Yuan would be comforting. How sure are you that you’re going to keep your wealth?
(5) If you have multiple accounts, and you have multiple mutual funds labeled GROWTH and or VALUE, how in heaven’s name will you diversify. They could be investing in the same stuff wildly increasing your risk. They could be even taking opposite sides of the same bet. So you’re paying fees to bet both red and black.
(6) Underlying the whole proposition is the trustworthiness of the “casino”. At least with an IRA, you’re picking your poison.
As a bear, I think the days of “invest in anything cause it all appreciates” are over. I remember the Sixties bear, and have grandfolks who lived through the Great Depression. They were scared. And so should we be.
BTW did I mention I like the Tea Party and “vote the bums out” strategy. Cutting Gooferment drastically is the only way to save the economy and our retirement money. We need more producers and less drones / vampires in DC.
imho ymmv fwiw
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Maybe you shouldn’t be in a 401K in the first place? Heresy!
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Posted by reinkefj
RANT: Israel, “terror sponsor”?
Thursday, July 7, 2011http://www.dickmorris.com/blog/obama-admin-lists-israel-as-terror-sponsor/
OBAMA ADMIN LISTS ISRAEL AS TERROR SPONSOR
By Dick Morris And Eileen McGann 06.30.2011
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Israel? Yes Israel is one of the thirty-six SDCs that “promote, produce, or protect” terrorists, according to the Obama Administration. With splendid equality, they manage to list the world’s biggest victim alongside the globe’s leading perpetrators of terrorism. Israelis coming into America get the same high level of scrutiny that Iranians do!
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You have to be kidding me?
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Posted by reinkefj
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