A number of photos of a man dressing up as a panda and letting people punch him for money. This is from the Wall Street Journal, which is a noted purveyor of panda-related violence.
Study finds Wi-Fi makes trees sick via Macworld UK:
Radiation from Wi-Fi networks is harmful to trees, causing significant variations in growth, as well as bleeding and fissures in the bark, according to a recent study in the Netherlands.
Besides the electromagnetic fields created by mobile-phone networks and wireless LANs, ultrafine particles emitted by cars and trucks may also be to blame. These particles are so small they are able to enter the organisms.
I also would have accepted “Either Wi-Fi or pollution is hurting trees, but we’re going to go with the sensational and inaccurate title.”
Even in areas heavily saturated with Wi-Fi or cell phone networks, the amount of man-made radiation present is negligible compared to the amount of radiation which the Sun creates. We get about a kilowatt of insolation per square meter at the earth’s surface. Cell phones and Wi-Fi routers produce milliwatts of radiation. (My router is set to broadcast at about 50 milliwatts, for the record.) If radio waves are making trees sick, let’s start by pointing fingers at the Sun, which bombards our leafy friends with far more radiation daily than my cell phone or my router.
I’ll dig up all the trees and put them in a dark room, where they will thrive far from the deadly rays of the Sun. Who’s with me?
Barry Ritholtz pens a letter to the government in the voice of one Warren Buffet, if the latter had been dosed with sodium pentathol. Excoriating and enlightening, as always. My favorite highlight:
Before I get to the bailouts, I have to remind you that in:
1999, you passed the Financial Services Modernization Act. This repealed Glass-Steagall, the law that had successfully kept main street banking safely separated from Wall Street for seven decades. Even the 1987 market crash had no impact on Main Street credit availability, thanks to Glass-Steagall.
1997-2010, you allowed the Credit Rating Agencies to change their business model, from Investor pays to Underwriter pays — a business structure known as Payola. This change effectively allowed banks to purchase their AAA ratings, and was ignored by the SEC and other regulators.
2000, you passed the Commodities Futures Modernization Act. It allowed the shadow banking industry to develop without any oversight by the Commodity Futures Trading Commission, the SEC, or the state insurance regulators. This led to rampant creation of credit-default swaps, CDOs, and other financial weapons of mass destruction — and the demise of AIG.
2001-04, the Fed, under Alan Greenspan, irresponsibly dropped fund rates to 1%. This set off an inflationary spiral in housing, commodities, and in most assets priced in dollars or credit.
1999-07, the Federal Reserve failed to use its supervisory and regulatory authority over banks, mortgage underwriters and other lenders, who abandoned such standards as employment history, income, down payments, credit rating, assets, property loan-to-value ratio and debt-servicing ability.
2004, the SEC waived its leverage rules, allowing the 5 biggest Wall Street firms to go from 12 to 1 to 20, 30 and even 40 to 1. Ironically, this rule was called the Bear Stearns exemption.
(In case you’ve never heard of him, Ritholtz was the one that called that whole “Goldman’s gonna settle” thing months ahead of time.)
While I’m listening to the new Girl Talk album, I am occasionally reminded of how superficial my appreciation is. I also enjoy Tarantino’s movies, despite not “getting” them the way others apparently do.
I had missed this little bit of brilliance in Girl Talk’s new album, though:
“That’s Right” has Beyonce singing “Single Ladies” over the beat from M.O.P’s “Ante Up,” telling you to put a ring on it, and then the vocals cut to M.O.P, telling you to take off your rings and jewelery.
The level of attention this dude puts into his songs is ridiculous.
UPDATE: for the unsophisticated readers like myself: All Day Samples describes all the samples in the entire album.
via Talking Points Memo:
According to Glenn Thrush of Politico, [freshman Congressman Andrew Harris] created a stir at the orientation meeting by demanding to know why he had to wait a month after he was sworn in in January for his government-subsidized health care to kick in. After responding in a huff, he even asked if there was some way he could buy into the government care in advance, seemingly thinking there might be a government program similar to the so-called ‘public option’ championed by progressive Democrats in 2009.
This would be amusing if he hadn’t campaigned so vigorously against socialized healthcare. Now, it’s just embarrassing.
From the “and the bug was probably originally named after the Greek god of good intentions” file:
On Monday, we voiced our concerns about the security implications of Facebook’s newly announced messaging service. Today, those concerns take new shape as a Facebook bug has erroneously deactivated a number of accounts on the social networking site.
According to Read Write Web, Facebook has confirmed that a bug that went live today was designed to find and disable accounts that seem fake. The social networking site is apparently working to fix the issue and to get those accounts up and running.