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I don’t know how to say this. I love what you are doing and wish that you did not have to do it. I respect the patriotism that you show and abhor at the same time the false patriotism of those in Washington who, while sleeping tonight safe in their beds, put you cold, on the ground in harms way. I sleep tonight . . . → Read More: Men and women tonight in Iraq and Afganistan The New York Times Dealbook section reports today that the S.E.C. has published it’s rule on Dodd-Frank Whistle blowing. The Dodd-Frank financial regulatory act makes that clear by requiring the Securities and Exchange Commission and Commodity Futures Trading Commission to pay at least 10 percent, and as much as 30 percent, of any monetary penalties more than $1 million to those who provide . . . → Read More: The ethics of the snitch Earlier I had written on the fact that banks may be foreclosing in a manner which will cause problems down the road. Today Reuters published an overview of the suits that banks are starting to disclose. The suits are coming from two directions: Firstly obviously from homeowners… And, secondly from the buyers of Mortgage Backed Securities (MBS), often big brokerages or banks themselves. . . . → Read More: Foreclosure gate: here come the class-action suits This is a great video by Christopher Whalen on Bloomberg. He is saying some of the things which are going to be working out over the next few years in the slow motion of foreclosures. The knock on effects will work out as a long downward pressure on asset classes, not a single Lehman like event: You guys in in the media have a very tough time. You’re looking for events. You’re trying to cover the news minute by minute. This is cancer. . . . → Read More: Foreclosure-gate is a ‘cancer’ According to Wired’s ‘Danger Room’ the Air force is asking for research proposals to degrade the enemies minds… . . . → Read More: Neuroscience for war The Fed has announced quantitative easing 2 known by the QE2 moniker. The expectations that this alone can raise the level of economic growth in the US is definitely overstated. The Financial Times however points at two other adverse consequences which may turn up in the next 12 months: …other countries are likely to counter what they view as an unnecessarily disruptive surge . . . → Read More: QE2’s like unintended consequences Treehugger reports that Urbee has developed a prototype car whose exterior was completely 3D printed using Stratasys’ 3D printing technology. The goals of the car were admirably ecological: 1. Use the least amount of energy possible for every kilometre traveled. 2. Cause as little pollution as possible during manufacturing, operation and recycling of the car. 3. Use materials available as close as possible . . . → Read More: How to print a car |
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