what? sitting down?

Clinton said to David Letterman:

“People are dying to be asked to do something.”

“Think of some way to make the world a better place.”

Letterman then adds, “I don’t mean to be flip about this, these problems, but they’re mundane. We can overcome this.”

Yo!

these boosts are made for walkin’

Cut energy use in office buildings in half by 2015:

The Real Property Association of Canada, whose members are property investors representing more than $150 billion in real-estate assets, has formally adopted an energy-consumption target for office buildings equal to 20 kilowatt-hours of energy use per square foot of rentable area per year, and they’ve pledged to reach that target by 2015.

“The target represents a reduction of up to one half of today’s energy use in Canadian office buildings by 2015.”

Yup. Because they aren’t worrying.

teaching us to guess

  1. The importance of Bayes’ theorem is that it provides a very precise measure of how much a new piece of evidence should make us change our ideas about the world.
  2. Bayes’ theorem provides a yardstick by which we can judge whether we are using new evidence appropriately.
  3. Our brain is a Bayesian machine that discovers what is in the world by making predictions and searching for the causes of sensations.
  4. Our brain never rests from this endless round of prediction and updating.
  5. Inside your head there is an amazing labor saving device.

a win for the citizen

FCC articulates new USA policy on our Internet:

“Historian John Naughton describes the Internet as an attempt to answer the following question: How do you design a network that is “future proof” — that can support the applications that today’s inventors have not yet dreamed of? The solution was to devise a network of networks that would not be biased in favor of any particular application.

The Internet’s creators didn’t want the network architecture — or any single entity — to pick winners and losers. Because it might pick the wrong ones.

Instead, the Internet’s open architecture pushes decision-making and intelligence to the edge of the network — to end users, to the cloud, to businesses of every size and in every sector of the economy, to creators and speakers across the country and around the globe.

In the words of Tim Berners-Lee, the Internet is a “blank canvas” — allowing anyone to contribute and to innovate without permission.”

hockey mom of legend

Most folks seem to feel Levi Johnston is exploiting fame, a task he wouldn’t achieve alone, but I think he’s sincere; in a huge stew, but not taking the risk of lies.

Levi Johnston at Vanity FairMe and Mrs. Palin, at Vanity Fair

“After Tripp was born, Sarah would pay more attention to our son than she would to her own baby, Trig. Sarah has a weird sense of humor. When she came home from work, Bristol and I would be holding Trig and Tripp. Sarah would call Trig—who was born with Down syndrome—’my little Down’s baby.’ But I couldn’t believe it when she would come over to us and sometimes say, playing around, ‘No, I don’t want the retarded baby—I want the other one,’ and pick up Tripp. That was just her—even her kids were used to it.”

As a commenter roughly characterizes Levi, as easily pointing to Sarah Palin, “It’s kind of sobering to see so much assassination applied to such little character.”

smart enough to default

It’s probably not who you think.

New research using a sample of 24 million individual credit files has found that homeowners with high scores when they apply for a loan are 50 percent more likely to “strategically default” – abruptly and intentionally pull the plug and abandon the mortgage – compared with lower-scoring mortgage borrowers.

sailing the high $$$$

$1.2 billion …two helipads, two swimming pools and six-foot movie screens in all guest cabins, a mini-submarine and missile-proof windows to combat piracy, plus anti-paparazzi lasers that fire a bolt of light right at the camera’s lens. woot!

Abramovich yacht

song of the era

Tom Paxton sings “I Am Changing My Name to Fannie Mae”

[youtube=http://www.youtube.com/watch?v=etUq7IY_7Mc&hl=en&fs=1&]

unpredictable vast disruption

Nassim Taleb:

NT: My whole idea is to lower risk in society by developing a system that can resist human error, rather than one where human error rules. The first step is to make sure that no financial institution is too big to fail. Next, make sure governments don’t favor big companies. Governments should also decrease the role of economists – they’re no more reliable than astrologers, and they do more damage.

Q: Now that you’ve painted such a rosy outlook, do you have any advice on how individuals can guard against losing 40 per cent of their money in this extremely risky world?

NT: My advice is that instead of investing in medium-risk securities, you should put most of your money in very low-risk securities, and a little bit in high-risk securities. Then you might get a good black swan. Also, it’s good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who’s also a belly dancer will do a lot better than a trader who winds up driving a taxi.

What?

the bigotry party

Dana Blankenhorn:

With Glenn Beck, I think we’ve got the GOP right where we want it. Let them have the racists, the nativists, the conspiracy theorists, and the religious nuts. They will scare away just about everyone else.

fame, success and busted

What happens to many athletes and their money is indeed hard to believe.

  • By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress because of joblessness or divorce.
  • Within five years of retirement, an estimated 60% of former NBA players are broke.
  • MLB players have been similarly ruined, 10 in one month.

very very great error

The presence of a major ideological movement in the United States of America dedicated to the dual propositions that taxes must never go up, and that government expenditures don’t need to relate to government revenue in any real way as long as the Republican Party is in charge simply makes it almost impossible for the country to be governed in a responsible manner.

If we had a different political system, it’s possible that such an ideological movement would marginalize itself, lose elections, and the other guys would run the show responsibly. Maybe. You could at least imagine it happening.

But in our system even a defeated minority gets a ton of influence over policy and becoming completely dogmatic and irrational actually enhances that level of influence.

The Epitaph of Economic Jingoism:

XXXXXXXXXX

terrific…but appalling

The Nightmare of Christianity …my mother was into all the charismatic “fanatical evangelical” insanity. Her and her church believed that Satan and demons were everywhere in everything.

Obedience is listening attentively,
Obedience will take instructions joyfully,
Obedience heeds wishes of authorities,
Obedience will follow orders instantly.
For when I am busy at my work or play,
And someone calls my name, I’ll answer right away!
I’ll be ready with a smile to go the extra mile
As soon as I can say “Yes, sir!” “Yes ma am!”
Hup, two, three!

“It’s so funny how many people want to help you and love you and counsel you when there is money involved,” he replied.

contributing in other ways

The guy who invented the locomotive:

Stephenson was determined to extend his father’s pioneering work on a national and ultimately global scale, for the benefit of mankind and the working man in particular. He believed that railway development should be comprehensive, benefiting the whole population, not just the privileged few.

“The true and full effect of railways,” he wrote, “would not take place until they were made so cheap in their fares that a poor man could not afford to walk.”

raising or lowering taxes

An important question is, where are we on the Laffer curve?

The notion of the Laffer curve has been used to justify all sorts of tax cuts, under the assumption/claim that we are to the right of the maximum, so that cutting taxes will actually increase revenues.

Serious economists generally don’t believe this holds true in the U.S. right now, but the lure of the idea is undeniable: lose weight by eating more ice cream!

it becomes a psychological burden

Why do you want to change the way things work when Jesus Christ said we’re the best country in the universe?

Jotman:

One day — this was ten years ago — an African American lady lectured me for almost an hour about the greatness of America (relative to the rest of the world). She told me that in America people enjoy things that foreigners don’t have. I asked for an example.

“Like freedom,” she said.

Few Americans seem to realize just how good many people have it in other countries.

stop deliberate programming

Stephen Downes on fixing 21st Century learning:

First, it isn’t impossible to teach people facts. Quite the opposite is the case – we understand, and can prove (and have proved, over and over) that we can teach facts very simply and easily, through repetition, rote, memorization, practice examples, worked examples, and more.

Second, it isn’t wrong to teach facts. Or (perhaps more accurately) to learn facts. Having an easy memory recall of a body of facts will serve a person well in life.

Third, we need facts to do stuff. We need to know about psychology, about Freud and Jung and maybe Erikson and Arens, in order to do the job. We need to know about navigation and aerodynamics and where the brake lever is in order to fly an airplane.

But do we need these specific facts?

When you teach children facts as facts, and when you do it through a process of study and drill, it doesn’t occur to children to question whether or not those facts are true, or appropriate, or moral, or legal, or anything else.

We know now – and, indeed, have probably always known – that an education based strictly and solely in facts is insufficient.

now we’re talkin’

Paul Volker, chairman of the White House Economic Recovery Advisory Board, suggested banks should be restricted to trading on their client’s behalf instead of making bets through internal units that often act like hedge funds.

Congressional hearings this week.

pump your friends

The U.S. government delivered more than twice as many federal dollars to programs benefiting fossil fuels than it supplied to renewable energy from 2002 to 2008. This Administration? I’ve found no wrap up.