Archive for July 2009

LMF Update: Iran

CNN is reporting that President Mahmoud Ahmadinejad of Iran defended “his government’s relationship with the country’s supreme leader on Friday, disputing charges of a political rift.”
Readers of this blog know what that means.

LMF Theory holds that, if a politician makes a public statement, then one should invest in firms and commodities that would benefit from [...]

Innocence Is NO Excuse

WLWT.com reports on a teacher in Kentucky, USA, who is charged with having sex with a pupil, whom she claims not to know.

After hearing rumors about her alleged tryst, the accused “went to the police station to take a polygraph test, but instead was arrested, and within days she was suspended and fired.”
According to the [...]

Alternative Energy Alternatives

The American Physical Society reports at Physics Central, “A device that gleans usable energy from the mixing of salty and fresh waters has been developed by University of Milan-Bicocca physicist Doriano Brogioli. If scaled up, the technology could potentially power coastal homes.”
The article describes a proof-of-concept, and it is not a product announcement. Still, [...]

Follow the Bouncing Ball…

CFO magazine reports, “As financial markets embrace the idea that economic recovery is drawing near, CFOs are not as infused with optimism — indeed, many are downright skeptical that better times are right around the corner.”
Whether the individuals who play the CFO Prediction Market or traders of the SPDR S&P 500 ETF (ticker: SPY) are [...]

Weird Science

The Guardian reports, “A team of US scientists have engineered bacteria that can solve complex mathematical problems faster than anything made from silicon.”
According to the article, such a computer should grow more powerful over time, as the bacteria multiply.
Meanwhile, Technology Review reports, “By adding fluorescent dyes to DNA and then spinning the DNA strands into [...]

MSM™ Cottons on to the US Brain Drain

It took them a half-year, but the mainstream media (MSM) is finally addressing the impending US brain drain.
MSNBC reports, “The departure of top talent in technology and science may… undercut the prospects for a recovery in the [USA].”
The article’s author, Moira Herbst, states, “The Obama Administration has said it will push for comprehensive immigration reform [...]

Fact Check

Someone at the Associated Press (AP) has been reading this blog.
Yahoo! News is running a story by Calvin Woodward and Jim Kuhnhenn, titled “FACT CHECK: Obama’s Health Care Claims Adrift?”
Click on the link. They tell the story better than any summary that I could post. It is a classic example of LMF Theory [...]

The Coming Inflation

One of the basic definitions in macroeconomics employed by Keynesian economists is:
(1)  Y = C + I + G + Ex - Im, where

Y:  Gross Domestic Product
C:  Consumption
I:  Investment
G:  Government Spending
Im: Imports
Ex: Exports

Gross Domestic Product (GDP) is a measure of the national income. If any of the factors on the right side of the equals sign, other than Imports, increases — [...]

Closed Source Stumbles

David Pogue posted to the New York Times about Amazon.com’s deletion of copies of Nineteen Eighty-Four from users’ Kindle™ readers.
boo.
hoo.
If you are going to buy a piece of consumer electronics that gives someone else the power to dictate what you are allowed to read and for how long, you deserve to get your library deleted. [...]

Open Source Charges Ahead

Slashdot reports, “The US Department of Defense, which has been flirting with open source for years as a way to improve software quality and cut costs, has finally burst the dam on Defense-related open-source adoption with Forge.mil, an open-source code repository based on Sourceforge.”
Meanwhile, Government Computer News reports “USPS goes open-source with tracking system.”
According to [...]