‘We have a subprime financial system, not a subprime mortgage market.’
Posted on August 20, 2008
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“Our biggest financiers are China, Russia and the gulf states,” Roubini noted. “These are rivals, not allies.”
Emily, the ultimate computer-generated actress, talks about herself
Posted on August 20, 2008
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Emily, the woman in the video above created by ImageMetrics above, is one of the first animations to have crossed a barrier known as ‘uncanny valley’ — the perception that animation looks less realistic as it approaches human likeness.
Downsizing the news and pretending to increase quality
Posted on August 19, 2008
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By Walter Brasch
Executive management at the Allentown Morning Call recently laid off more than two dozen persons from its newsroom, most of them veteran reporters drawing higher salaries. Management plans to cut 35–40 positions, according to a letter sent by publisher Timothy Johnson. The cuts are about one-fourth of the news staff. The remaining reporters are being told to write more stories under the same deadline constraints. Coverage of local meetings has been put into secondary importance; bureaus have been combined. The Morning Call is not alone. Read more
Got ammo? Kill a Democrat.
Posted on August 16, 2008
Filed Under Douchebloggery, Marching Morons, Politics | Leave a Comment
The Russo-Georgian War and the Balance of Power
Posted on August 13, 2008
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By George Friedman
The Russian invasion of Georgia has not changed the balance of power in Eurasia. It simply announced that the balance of power had already shifted. The United States has been absorbed in its wars in Iraq and Afghanistan, as well as potential conflict with Iran and a destabilizing situation in Pakistan. It has no strategic ground forces in reserve and is in no position to intervene on the Russian periphery. This, as we have argued, has opened a window of opportunity for the Russians to reassert their influence in the former Soviet sphere. Moscow did not have to concern itself with the potential response of the United States or Europe; hence, the invasion did not shift the balance of power. The balance of power had already shifted, and it was up to the Russians when to make this public. They did that Aug. 8. Read more
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