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  • Remember How We Bailed Out The Banks So They Could Keep Lending?

    They missed that part:

    Private Financial Sector Net Lending

    Asha Bangalore, Northern Trust:

    The private sector is unwilling to lend and the credit crunch persists.  In the third quarter, net
    private sector lending fell $2.3 trillion, after significant declines in the first and second quarters
    (see chart 1).  On an annual basis, the reduction in lending in 2009 will make the history books
    without doubt as the first drop in net lending in the private financial sector.  This financial sector
    setback justifies expectations of a subdued economic recovery.  

     

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  • Reason To Buy? Getting A Real Version Of The Resident Evil Motorcycle?

    Reader harbingerofdoom sends in the news that video game developer Capcom has commissioned the creation of a “very limited run” of real motorcycles based on the chopper in the game Resident Evil. As harbinger notes with his submission, this is quite a “reason to buy,” in that he’d gladly pay $25,000 for a copy of Resident Evil if it came with one of these…

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  • November NPD sales: hardware and software numbers

    The November NPD results are in and we have the numbers. This months hardware and software sales is reported to be the second best November in history with the Nintendo platforms still leading the hardware department with

  • Does Decline In Chinese Fixed-Asset Investment Signal The End Of Government-led Boom?

    china oil

    A fresh batch of economic data came out, and most of it seems pretty benign. Inflation ticked up a bit, though nothign alarming.

    Still, via Reuters, this is interesting commentary from Citi analyst Ken Peng:

    “The surprise that I see so far is from fixed-asset investment. Falling from 33 percent to 32.1 percent year-to-date, November as a single month has fallen off quite a bit. This has to do with the government’s intention to curb investment growth, especially the government-led- type. It is a good thing. The State Council said as much, saying it would control new project approvals. It was not referring to next year but probably more immediate.”

    Other stats:

    – Industrial output up 19.2 pct vs forecast 18.0 pct

    — Urban FAI (ytd) up 32.1 pct vs forecast 33.0 pct

    — Retail sales up 15.8 pct vs forecast 16.5 pct

    — CPI +0.6 pct vs forecast +0.4 pct

    — PPI -2.1 pct vs forecast -2.3 pct

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  • Do You Last-Minute Groom Your Kids?

    I’m sure ya’ll remember the spit and wipe the face from your own childhood, or maybe the “brush your teeth before you leave” phrase. The question is do you do that?

    IMG: Sxc.hu

    IMG: Sxc.hu

    I’m almost one of those parents, I do ask them if they’ve brushed their teeth, combed their hair or zipped up their jackets. From time to time I’ll even ask them if they have clean socks on, this is normally always done. But the teeth and hair tend to be last minute things so I have to make sure they do it correctly. I don’t know if this stems from my parents always making sure it was done before I left for school or because I’m afraid of my kids going to school and someone thinking they look dirty or something.

    In the morning my girls now know that if I ask if their teeth are brushed they better get me the toothbrush just in case. Most of the time they quickly do their teeth before bringing me the toothbrush, even if they “say they” already did it. Slowly they will learn to do all this stuff before leaving and I’ve already began to learn NOT to wipe their face with their spit or mine. Normally I have wipes on hand so that isn’t much of an issue, plus I remember it being done on me.

    How many of you do the last minute grooming to your kids before going into a store, restaurant, event, school? How many of you had it happen to yourself as a child?

    Post from: Blisstree

    Do You Last-Minute Groom Your Kids?

  • US-Japan Rift Grows As Obama Snubs Prime Minister Hatoyama In Copenhagen

    yukio hatoyama japan

    Interesting report from Japan Times on the increasing isolation of Japan, which is losing its connection to its only real ally in the world — The United States. Apparently, relatively new Prime Minister Yukio Hatoyama had hoped to meet with Obama in Copehnhagen in regards to moving a controversial base.

    But White House press secretary Robert Gibbs said Wednesday in Washington that because the two national leaders met just last month in Tokyo to discuss the planned relocation of a U.S. Marine base in Okinawa, it was probably unnecessary to meet again on the sidelines of the global climate conference in Copenhagen.

    “I think this is appropriately being handled right now with our ambassador there and others in terms of making progress,” Gibbs said. “I think this was discussed just a couple of weeks ago and I think the working group working, we would believe, is the best way to continue that progress.”

    This rift (and apparent snub) comes amid rumors of Japan intending to dump $100 billion of its Treasury holdings. We’ve been skeptical of that — and still are; after all, Japan wants to weaken its yen — but the drift apart seems quite clear.

    Read more at Japan Times >>

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  • The Beatles: Rock Band sells over 1 million worldwide

    Despite the unfortunate news of layoffs that occurred over at the Harmonix offices, there comes good news in the form of The Beatles: Rock Band. Reportedly, the Fab Four’s video game has already sold over one million copies worldwide.
     
     
     

  • Nano T PIV Pulsed Nd:YAG Lasers

    Compact and rugged offering repetition rates to 15Hz and energies to 180mJ at 532nm. 3rd and 4th harmonics are optional for LIF applicatons.

    The Nano T PIV lasers exhibit the same industrial robustness as the smaller Nano S & L PIV series. The Nano T PIV range has been designed incorporating stable telescopic resonators, giving very low divergence output beams that allow thinner light sheets to be formed than from conventional stable resonators.

    GENERAL FEATURES
    • Dedicated PIV laser head
    • Dedicated controls for PIV
    • Rugged for industrial installation
    • 3rd or 4th harmonics available for LIF
    • Electronically verified safety shutter

    APPLICATIONS INCLUDE

    • PIV
    • LIF

  • Hello from Iowa

    I’m a happily retired med school prof/biochemist who is getting used to the idea of being a patient. I’m probably going to be lurking for a bit until I get the hang of things.

    Six months ago, my fasting glucose was 89, three months ago it was 192, so I’m just getting started with this journey. I’m heavily into evidence-based decisions and just love the fact that we Type 2’s get to play with our own meters!

    Thanks in advance for sharing your experiences with us newbies.

    Arnie

  • Creating Living Books: A Defense Against ‘Piracy’?

    Michael Scott points us to an interesting essay on piracy in the ebook space, written by Mike Shatzkin. He talks about setting up the program for the upcoming Digital Book World event, where he didn’t even think that “piracy” was a topic worth discussing — but various publishers told him that it’s a big issue to them. Unfortunately, it seems that the reason it’s a big issue is not because they’re learning to use such things to their advantage, but because they have taken the exact wrong lessons from the music industry and have decided they need technological measures to “fight” piracy. Good luck with that.

    Shatzkin, however, lays out a much more reasonable approach, picking up on what O’Reilly does with its books: no DRM, but give people a real reason to buy (there’s that concept again). In this case, it’s regular updates to any book you buy. So, rather than thinking about it as buying the content of the book, you can think about it as paying for a regular update on a particular topic. It becomes an ongoing service, which provides a scarce good, rather than a single transaction for content. As such, “piracy” becomes less and less of an issue, because the content you get may be quite out of date, and give you reason to pay up for real to make sure you are regularly up-to-date.

    But, of course, O’Reilly publishes (wonderful and useful) technology books, where there’s an obvious advantage to keeping current and up-to-date for readers of those books. The question is whether or not similar things can be done for other types of books, and Shatzkin has some ideas that are intriguing. First he quotes Tim O’Reilly in suggesting that piracy might really only impact large well-known authors who don’t need the “marketing” aspect of free books (as opposed to less well-known authors, for whom “obscurity is a bigger threat than piracy”). But, then he notes that perhaps those big name authors can create a “service” of sorts that competes nicely with unauthorized file sharing as well:


    But those authors are also the ones who have the biggest personal followings. They are the most capable of adding material: notes about what they’re working on, correspondence with fans or critics, even observations about other people’s books, that would add some value for many of the readers of their stories. In fact, a regular “update to my readers” from a top-flight author that is available only in their ebooks, or to purchasers of their ebooks, would be an attraction to many and could serve as a constant reminder that downloading their books from illegitimate sources is cheating them.

    It’s an interesting idea, and I like the proactive thinking on ways to compete by allowing something that isn’t really possible in the paper book format. Though, I’m not sure if this method works precisely. After all, we already have the example of Paulo Coehlo, one of the best-selling authors of all time, who purposely “pirated” his own book and saw his sales increase tremendously. On top of that, he is already doing many of the things that Shatzkin suggests, but for free on his own website — and it’s working wonders. It’s building up a much more loyal following for Coelho, and is allowing him to run interesting experiments like having his fans make a movie out of one of his books. All of this has only opened up more opportunities for Coelho to make money by both building his overall audience while also making his fans ever more loyal and ever more interested in supporting him.

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  • How do you explain limitations?

    Hi Everyone,
    I am new to this site and a recently diagnosed diabetic. I am struggling daily to understand my new way of life. I am wondering, how do I get through to people that I shouldnt (I dont like "cant") consume food or booze in the same way they do? I have a lot of well meaning people in my life but they cant seem to understand that me eating a load of carbs or fat etc isnt what I need to do to remain healthy. I feel like I’ve said it enough but I must be saying it wrong, they just dont get it. Thanks

    ps- any reading or tips suggested for my new lifestyle is appreciated!

  • Ružica Church

    Stari Grad, Serbia | Museums and Collections

    Lighting the frescoed walls of Ružica Church, a small chapel tucked into the side of the Serbian Kalemegdan fortress, are two chandeliers made entirely of spent bullet casing, swords, and cannon parts. It is a more fitting decoration than one might realize.

    Controlled at various times by the Serbs, Turks, Hungarians, and Austrians, the small dark Ružica church has seen a lot of action. The space the church now occupies was, for over 100 years, used by the Turks as a gunpowder magazine.

    The church had to be largely rebuilt after World War I. Though damaged by bombings, there was an upshot to the devastation. While fighting alongside England and the US, Serbian soldiers on the front line used their downtime to craft the incredible chandeliers from the materials available to them: the spent shells and weaponry that lay strewn around the battlefield.

    The soldiers managed to carry their light giving creations to the church, where they still light the room to this day.

  • Sony: God of War III now complete, detailed info coming next month

    With roughly four months to go until the release of God of War III, the US PlayStation blog recently spoke to Sony Santa Monica Studios’ Director of Development John Hight to update us with the status of

  • Alcohol Tied to Breast Cancer Recurrence

    Breast cancer survivors who consume three or four alcoholic drinks per week might be increasing their risk of a recurrence.

    New research presented at the San Antonio Breast Cancer Symposium has shown that drinking fewer than three alcoholic drinks per week is not associated with an increased risk of breast cancer recurrence, but three or four drinks per week does increase risk.

    breast-cancer-recurrence

    Researchers said the increased risk of recurrence appeared to be greater among postmenopausal and overweight or obese study participants. While any type of alcohol consumed (wine, beer or liquor) increased risk, the research revealed that the increased risk of cancer recurrence was most predominant in women who had two or more glasses of wine per day.

    “Women previously diagnosed with breast cancer should consider limiting their consumption of alcohol to less than three drinks per week, especially women who are postmenopausal and overweight or obese,” said Marilyn L. Kwan, Ph.D., staff scientist in the Kaiser Permanente Division of Research in Oakland, California.

    While previous studies have shown that drinking alcohol increases the risk of breast cancer, the new study is one of few to analyze how alcohol affects breast cancer survivors. Since so few studies have been done, researchers caution that additional studies are needed to help confirm these findings. However, the research does provide valuable info to help women who have had breast cancer make more informed lifestyle decisions.

    An earlier breast cancer study this year by the Fred Hutchinson Cancer Research Center found that obesity represents a 50% increased risk of a second breast cancer while one alcoholic drink per day raises the risk to 90% and smoking raises the risk to 120%.

    (Image via stock.xchng)

    Post from: Blisstree

    Alcohol Tied to Breast Cancer Recurrence

  • Lithium and REE: Electric Porsche Cayenne unveiled by Ruf TNR.c, CZX.v, WLC.v, RM.v, LI.v, CLQ.v, SQM, FMC, ROC, AVL.to, RES.v, QUC.v, CCE.v, HEV, F

    CAR
    German tuning specialist Ruf has decided to give the Porsche Cayenne the electric treatment. This follows their electrically powered eRuf Greenster, an electric Porsche 911 that appeared at the Geneva Motor Show in March prior to its limited production run.
    The latest eRuf variant is the Stormster and it is a plug-in electric Cayenne. It uses the same 270 kilowatt Siemens motor that was in the Greenster along with Li-Tec lithium ion batteries. Ruf says the Stormster will be available in the standard Cayenne body or in a special wide-bodied version.”
  • Google CEO Eric Schmidt Dismisses the Importance of Privacy

    Yesterday, the web was buzzing with commentary about Google CEO Eric Schmidt’s dangerous, dismissive response to concerns about search engine users’ privacy. When asked during an interview for CNBC’s recent “Inside the Mind of Google” special about whether users should be sharing information with Google as if it were a “trusted friend,” Schmidt responded, “If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place.”

    Unfortunately, Schmidt’s statement makes it seem as if Google, a company that claims to care about privacy, is not even concerned enough to understand basic lessons about privacy and why it’s important on so many levels — from protection against shallow embarrassments to the preservation of freedom and human rights. In response to Schmidt, Security researcher Bruce Schneier referenced an eloquent piece he wrote in 2006 that makes the case that “[p]rivacy is an inherent human right, and a requirement for maintaining the human condition with dignity and respect.” Schneier writes:

    For if we are observed in all matters, we are constantly under threat of correction, judgment, criticism, even plagiarism of our own uniqueness. We become children, fettered under watchful eyes, constantly fearful that — either now or in the uncertain future — patterns we leave behind will be brought back to implicate us, by whatever authority has now become focused upon our once-private and innocent acts. We lose our individuality, because everything we do is observable and recordable.

    Gawker was quick to point out the personal hypocrisy of Schmidt’s dismissive stance, noting that for about a year, Schmidt blacklisted CNET reporters from Google after the tech news company published an article with information about his salary, neighborhood, hobbies, and political donations — all obtained from Google searches. Techdirt noted additionally that Schmidt’s statement is painfully similar to the tired adage of pro-surveillance advocates that incorrectly presume that privacy’s only function is to obscure lawbreaking: “If you’ve done nothing wrong, you’ve got nothing to worry about.”

    In a talk about privacy given to the American Library Association, EFF Fellow Cory Doctorow highlights the error in logic that leads to short-sighted conceptions of privacy like Schmidt’s:

    We have an unfortunate tendency to conflate personal and private with secret and we say, “Well, given that this information isn’t a secret, given that it’s known by other people, how can you say that it’s private?” And we can in fact say that there are a lot of things that are [not] in secret that are in private. Every one of us does something private and not secret when we go to the bathroom. Every one of us has parents who did at least one private thing that’s not a secret, otherwise we wouldn’t be here.

    So this decision — this determination — over when and under what circumstances your personal information is divulged tracks very closely to how free and how much power you have in a society. When you look at really stratified societies, particularly the great totalitarian empires of the last century, the further up the ladder you go, the more raw power you wield, the more raw power you have over this disclosure of your personal information. And the further down the ladder you go, the less power you have.

    The understanding that privacy is a key liberty informs EFF’s many privacy efforts, including to improve search engine practices and policies, uncover details about snooping on social networking sites, tighten up laws around behavioral tracking online, argue for better reader privacy, and more. Google, governments, and technologists need to understand more broadly that ignoring privacy protections in the innovations we incorporate into our lives not only invites invasions of our personal space and comfort, but opens the door to future abuses of power.

  • VIDEO: Autocar pits Nissan GT-R vs. Porsche 911 Turbo and Audi R8 V10 on Castle Combe

    Filed under: , , , , , ,


    Click above to watch the video after the jump

    These are our favorite kinds of car videos. Take a few super hot, fire-breathing, track-ready road cars and pit them against one another on a race track and see who wins. Autocar magazine’s Steve Sutcliffe assembled the Nissan GT-R, the Porsche 911 Turbo and the Audi R8 V10 at the UK’s Castle Combe circuit to see which of the entry level supercars could turn in the fastest lap.

    The GT-R is the low-cost track star of the bunch, with the most mass, the least power and, arguably the most grip of the group. The 911 Turbo is the featherweight of the entry supercar trio, with middle-of-the-pack power and an (apparently) adventurous ride. The R8 V10 has the most power and Audi’s excellent Quattro all-wheel drive system.

    Sutcliffe took all through road warriors through the paces at Castle Combe, and the dynamic trio finished within about one second of each other. One of them could have won if it weren’t for some iffy brakes, another didn’t quite have the grip to win the day while the winner was quickest in and out of turns. Who won? You’ll have to hit the jump and watch the high-res footage to find out.

    [Source: Autocar via YouTube]

    Continue reading VIDEO: Autocar pits Nissan GT-R vs. Porsche 911 Turbo and Audi R8 V10 on Castle Combe

    VIDEO: Autocar pits Nissan GT-R vs. Porsche 911 Turbo and Audi R8 V10 on Castle Combe originally appeared on Autoblog on Thu, 10 Dec 2009 19:58:00 EST. Please see our terms for use of feeds.

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  • COP15 Thursday: nine snippets this time

    > Amazing scenes in the negotiator’s Plenary today, with Tuvalu rep arguing and China resisting – both politely but in a very determined way – that a treaty has to limit global temperature increases to 1.5 degrees and to reduce CO2 in the atmosphere to 350ppm. No resolution yet.

    > You may have seen news of “leaked Danish PM text” suggesting rich nations sort out climate change via the World Bank rather than the UN and pretty well tell developing nations what to do; quite a controversy at COP, as you can imagine. Gossip here is that a Danish Cabinet Minister colleague leaked it; seems the PM has been pushing it against lots of opposition, and the opposition hasn’t given up.

    > Hot news: Indonesia announced it’s proposing a feed-in tariff for geo-thermal energy. Apparently they have 40% of the world’s hot rock resources! See http://tinyurl.com/y9pm6t6

    > Russia announced it would cut emissions by 25% by 2020 (from 1990 levels) if other countries agreed to do the same; they had been saying 10-15%; the EU is saying “we convinced them”. EBRD at a seminar today explained that Russia’s energy intensity is incredibly bad; they have enormous potential to cut emissions from energy efficiency measures. Hopefully the high returns will entice energy efficiency investors despite political and crime risks. EBRD aims to help de-risk.

    > Outlook for a “good” Copenhagen Agreement seems to be improving. Insiders are saying that having so many world leaders (more than 100) turning up, and Obama now coming for the end of the Conference, is forcing a better outcome.

    > Also helping was the US EPA announcement this week to formally classify CO2 as a pollutant. That allows Obama to regulate CO2 without Congress – it dramatically increases his ability to deliver at least the cuts he’s promising.

    > The Saudi Arabian representative was being obstructive again this week; at one point he made a speech about the implications of the East Anglia Uni email leaks and how they raised doubts about global warming science. Apparently the speech was met with silence; no other country followed up. Would’ve been different under Bush.

    > The Conference is quite a buzz; 15,000 people talking non-stop in the conference centre. Thousands of laptops, lots of coffee, chanting anti-REDD demonstrators in the background. The cloak room is open 18 hours a day this week; it advertises that next week, as negotiations come to then end, it will be open 24 hours a day.

    > Had a talk with a couple of big EU pension funds this week to see if they’d join Danish ATP pension fund’s new €1 billion ‘Climate Change Action Fund for Emerging Economies’, reported earlier this week. They think they tackle the issue of investing better by building in relevant criteria across all their asset classes – i.e. in the whole fund. The €1 billion, they think, puts it into a sideline rather than mainstreaming the idea.

  • Bow-Wow-Wow-Yippie-Yo-Yippie-Yea Is Infringing, And Fair Use Won’t Save It

    This one came out about a month ago, and I’d been ignoring writing about it because it was too frustrating (even though we wrote about the case earlier). But people keep submitting it, so we might as well dig in. This particular case involves Bridgeport Music, a company that claims to own a bunch of composition copyrights, including (most importantly) those of many songs by funk legend George Clinton — though, Clinton himself claims that the guy behind Bridgeport forged signatures to get the copyrights, and Clinton himself doesn’t have a problem with hip hop artists sampling his music. However, Bridgeport has filed hundreds of lawsuits over these copyrights, and while it has lost or settled a bunch of cases, it has had a few stunning and confusing victories that seem to ignore the concept of fair use in music.

    This particular case involved a song by the band Public Appearance, called “D.O.G. in Me” that apparently samples a part of Clinton’s track “Atomic Dog” and uses the phrase “bow wow wow yippee yo, yippee yay” near a rhythmic repetition of the word “dog.” Now, for the most part, the two songs are incredibly different, and at most you could consider the latter one to be an homage to the first — most likely creating more interest in the original song. However, a jury (with limited instructions in the matter of fair use) ruled for Bridgeport. And while we found it amusing that Universal Music suddenly is concerned about fair use and how high the penalties for copyright infringement are when they’re suddenly on the other side in Bridgeport cases, we were happy to see Universal Music appeal the ruling.

    Unfortunately, however, the same 6th Circuit that gave Bridgeport its earlier ridiculous win has done so again in this case, with a rather bizarre interpretation of the four factors of fair use. To be honest, I can’t see how any of the four factors used in judging fair use would go against Universal or Public Appearance. It used a tiny part of the song, and even if it was an important part of the song, it hardly harms the market for the song. Furthermore, the claim that the use of the word “dog” is part of the infringement is absolutely ridiculous, not the least of which is because Bridgeport only owns the copyright on the composition, not the recording — and the sheet music for the song doesn’t even include the rhythmic use of the word “dog.”

    Unfortunately, this is yet another dreadful ruling that basically eliminates fair use rights when it comes to music sampling.

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  • Edo Competition creates the Lamborghini Gallardo LP600/4

    Filed under: , , ,


    Edo Competition Gallardo LP600/4 – Click above for a high-res image gallery

    Edo Competition is no stranger to modifying Lamborghinis. Its unique touch has graced the Gallardo Superleggera and Murcielago LP640, along with a limited edition Christian Audigier edition Murcielago, among others.

    Now the German tuner has taken the Gallardo LP560-4 and given it what it likes to call a little “added spice”. The output of the Italian supercar has been bumped to an even 600 horsepower thanks to a new stainless steel exhaust system and an ECU tune, resulting in a claimed top speed of 211 mph. Other upgrades include an adjustable sport suspension system, 19-inch three-piece wheels, and a new front spoiler lip. You can read more details in the press release after the jump and check out the high-res gallery of photos below.

    [Source: Edo Competition]

    Continue reading Edo Competition creates the Lamborghini Gallardo LP600/4

    Edo Competition creates the Lamborghini Gallardo LP600/4 originally appeared on Autoblog on Thu, 10 Dec 2009 19:24:00 EST. Please see our terms for use of feeds.

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