Tag: security

Facebook

Facebook is a social media site that I don’t use. At all. Ever. You see a Bridget Magnus over there? It’s not me. Probably that lady from Vancouver.

Ok, disclosure out of the way.

So, it seems that their stock is at a record low. And it’s expected to dump more altitude in a couple of weeks when employee stock can start to trade.

Is it really relevant to talk about a stock being at an all time record low when it hasn’t even traded for 6 months yet?? Seriously?

If you want a real Facebook story, how about the fact that 80% of ad clicks might be bogus? That’s where Facebook makes it’s money; is it possible that their profits are padded by bot-generated activity? Which of course begs another question: who ever clicked on those ads? I had about 3 hours where I thought it might be a good idea to advertise over there, but then I came to my senses.

As for myself, I’m not buying their ads, not buying their stock, and not taking their free membership either.

In Closing: life lessons; Jill explains why the Post Office is really in trouble; enough with biometric security already (hello!); how far will this scandal reach?; sugar; Orwelling; nope, no such thing as global climate change (BTW it’s raining in Vegas today).

Just a few items on the economy

So let’s just start with Robert Reich, pointing out the disconnect between Washington and the economy.

The economy, by the way, is in lousy shape. It’s just that between inflation reporting that automatically inflate GDP and corporations raking in record profits, it’s easy to pretend that things like anemic jobs numbers, people leaving the workforce, dropping housing prices, declining wages, high fuel prices, and all the other things that effect those of us in the trenches don’t matter.

But here’s an odd glimmer of hope. One Fed official thinks it’s time to start raising interest rates. His reasoning is that it will encourage saving. Traditionalists should be ripping their hair out yelling about how it will kill the “recovery” (you know, the one we aren’t really having) by making it harder for businesses to borrow money (you know, the money banks aren’t really lending).

Some of those traditionalists might stop for a moment to consider that it would also stifle inflation (the inflation the feds have been trying to pretend hasn’t existed since the Clinton Administration). None of them will point out that it will make it more attractive for everyone to own bits of the national debt (the debt that Congress is arguing about). It is too much to hope that anyone other than myself is beginning to question whether super-low interest rates actually do much for the economy.

 

In Closing: porn; abortion; blast from the past; War on Drugs; humiliation; security; and cats.

Silent Night, Deadly Shorties

Merry Christmas! Here’s a little Christmas history for you.

Ok, let’s start off with obligatory items on health insurance reform. The Senate has officially voted on the accursed thing. Here’s the rational case for kill the bill, and push back in conference. The real problem is that this, like many bills, is so long that nobody knows what’s in it, even the Senators.

I have a soft spot for education. Here’s an item on schools that work.

Surely the economic worst is behind us. So saith the President. Unfortunately, he thinks small business is going to lead us out of this mess. That can’t happen as long as banks won’t lend to small businesses (or will only make home equity loans to them), and certainly won’t happen if that small business can’t get affordable health insurance for its owners and employees — who will all be required to have “mandated” insurance under the new bill. Maybe what we really need is some manufacturing, instead of pretending we can build an economy on selling lattes to one another.

Go ahead and tackle that kid, but don’t do any science! You might get hurt! Yeah, maybe we have gone a little wacky on the safety thing (oops, unintentional football joke!). But the point is well taken that the Dangerous Book for Boys isn’t, and most kids aren’t doing any real science in school for fear of lawsuits.

What a great idea! Boy sees problem. Boy asks why problem exists. Boy comes up with solution. Food banks for pet supplies!

SHHHHHHH! Most censored news stories of the year.

Must be nice. Fannie and Freddie’s CEOs are taking home 7 figure paychecks this year. Where do I send my resume?

Schneier on the Predator Drone hack. Short version, it’s not that big a deal. Find out why!

And last…

I think he’s on to something: The grand unifying theory of progressive frustration.

Sorry for anybody who was disappointed that I didn’t cover the Emperor’s birthday. I had net outages yesterday.