Amazon's Silk Browser Plays Another Role - NYTimes.com

Amazon's SILK browser is a VERY big deal. Expect others who have committed to cloud computing to emulate it.

"...All this is possible now in part because Silk is only inside the Fire tablet, and connects to Amazon’s cloud. But in learning how better to manage cloud tasks — a little computing here in the hand, a lot of computing up there in the cloud — Amazon is gaining precious skills in newer forms of computer science brought on by the cloud era. For a long time, most programming problems were defined by how much processing power you had. That’s why you used to hear so much about powerful chips and now you don’t. With the advent of the cloud, the amount of processing power for most problems isn’t the issue; correctly apportioning tasks and making millions of servers work together is..."

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Vermont Tiger: Facing the Inevitable

Tom Pelham, Vermont’s budget commissioner in the Dean administration and tax commissioner in the Douglas administration, has it right in his advice to Congress and particularly, to Vermont's Congressional delegation. It's time for leadership, not politics to reshape our national fiscal insanity.

"...America needs leaders, of all political stripes, to accept responsibility for their accumulated budget deficits and enact remedies in scale with the problem. Tax reform, tax increases and budget cuts must come first, thus freeing Americans to look to the future knowing how much more of their cash, both corporate and individual, the government will take and how much will be left for investment and consumption that can reawaken the economy and create jobs.

Vermont’s Congressional delegation should reject President Obama’s American Jobs Plan. It’s a political prop diverting attention, effort and scarce tax revenues from the more essential task of right sizing our federal government and calming fears about a profligate and irresponsible Washington..."

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Vermont Tiger: "Electric Cars" - Still Shorted to Ground (cont.)

Well worth reading the full posting by Dan Foty. We simply cannot become victims to the hype that flows from the fervent advocates when reality tells a different story.

"The continuing attempts to overcome basic physics and basic engineering with ideology and money-throwing raise a deeper concern: Is this a serious symptom of a more-fundamental problem? One can be alarmed that we've reached a point now where we are overstaffed with people who have spent their entire adult lives cocooned in a world where pure talk is both the objective and the end - people who have never had to wrestle with real-world constraints and the limitations imposed by brute matter.... and who thus seem to believe that any nice-sounding outcome can be brought into being by fine talk and fervent wishing."

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Brutal Haqqani Clan Bedevils U.S. in Afghanistan - NYTimes.com

From this article and other reports, I conclude that the chances of a political settlement in Afghanistan are negligible. We simply cannot deal with the radical Islamists, whether in Pakistan or Afghanistan, because they have more to gain by waiting until we tire of the war.

So much agony and death, so few options.

"...But as Washington struggles to broker an endgame for the Afghan war, there is widespread doubt about whether the Haqqanis will negotiate, and whether their patrons in Islamabad will even let them. After a decade of war, there is a growing sense among America’s diplomats, soldiers and spies that the United States is getting out of Afghanistan without ever figuring out how a maddeningly complex game is played.

“Is there any formula for Pakistan to agree to stop supporting the insurgency in Afghanistan and instead help broker and be satisfied with a political settlement?” asked Karl W. Eikenberry, who served as both America’s top military commander in Afghanistan and its ambassador to the country.

“We don’t know the answer to that question,” he said."

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The Weekend Interview with Robert Lucas: Chicago Economics on Trial - WSJ.com

A good piece by Mr. Jenkins well worth reading. The notion of 'rational expectations' rings soundly for me as a possible explanation why the economy remains in the doldrums.

"Let's face it, the "Chicago School" of economics—the one with all the Nobel Prizes, the one associated with Milton Friedman, the one known for its t

rust of markets and skepticism about government—has taken a drubbing in certain quarters since the subprime crisis.

Sure, the critique depends on misinterpreting what the word "efficient" means, as in the "efficient markets hypothesis." Never mind. The Chicago school ought to be roaring back today on another of its great contributions, "rational expectations," which does so much to illuminate why government policy is failing to stimulate the economy back to life..."

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More Trouble for Groupon IPO: Groupon Restates Revenue, COO Exits - WSJ.com

This announcement should alert investors to be very wary should Groupon initiate an IPO. Was this high flying company cooking the books?

"On Friday, Groupon said it would change what it books as revenue after discussions with the Securities and Exchange Commission. It will now only count as revenue its commission on sales, rather than the total value of an online coupon. Previously, when it sold a restaurant gift certificate for $10, for instance, it would book the full amount, even though a portion went to the business owner.

That change reduces Groupon's stated revenue for 2010 to $312.9 million, down from the $713.4 million previously reported.

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Mullen - Pakistan’s Spy Agency Supported U.S. Embassy Attack - NYTimes.com

Such bold and frank talk by Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff, signals to me that the U.S. may be considering some bold move in Pakistan.

"“In choosing to use violent extremism as an instrument of policy, the government of Pakistan, and most especially the Pakistani Army and ISI, jeopardizes not only the prospect of our strategic partnership but Pakistan’s opportunity to be a respected nation with legitimate regional influence,” he said. “They may believe that by using these proxies, they are hedging their bets or redressing what they feel is an imbalance in regional power. But in reality, they have already lost that bet.


“By exporting violence, they’ve eroded their internal security and their position in the region. They have undermined their international credibility and threatened their economic well-being.”"


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Why Even Resolute Dieters Often Fail - NYTimes.com

This article is well worth reading if you, as I,  struggle to manage body weight. I can relate to its advice and conclusions.

"If you’ve been trying for years to lose unwanted pounds and keep them off, unrealistic goals may be the reason you’ve failed. It turns out that a long-used rule of weight loss — reduce 3,500 calories (or burn an extra 3,500) to lose one pound of body fat — is incorrect and can ultimately doom determined dieters."

"...According to the researchers, it is easy to gain weight unwittingly from a very small imbalance in the number of calories consumed over calories used. Just 10 extra calories a day is all it takes to raise the body weight of the average person by 20 pounds in 30 years, the authors wrote.
Furthermore, the same increase in calories will result in more pounds gained by a heavier person than by a lean one — and a greater proportion of the weight gained by the heavier person will be body fat. This happens because lean tissue (muscles, bones and organs) uses more calories than the same weight of fat..."

Obama Deficit Plan Cuts Entitlements and Raises Taxes on Rich - NYTimes.com

Even without the partisan rancor surrounding this proposal, let's put TeamObama's deficit plan in perspective.

The Obama budget previously submitted to Congress for the ten years 2012-2021 totals $45.95 Trillion in spending which creates additional cumulative deficits of $7.2 Trillion. A $3 Trillion reduction amounts to a 6.5% reduction in total spending. The cumulative budget deficits would shrink to $4.2 Trillion and the national debt would rise to approximately $18+ Trillion.


Too bad the article didn't include this relevant information. But political rhetoric and often the media echo chamber fail to give us the full story in order to shape our views. 

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Stephen Moore: The Obama Promise—Then and Now - WSJ.com

When will politicians become leaders instead of over-promising their ability to accomplish massive goals to gain votes or schmooze their constituencies? As increasing numbers of people lose confidence in the promises of their 'leaders,' hope dwindles and the other party gains voters.

TeamObama has failed the country because they failed to understand the realities that David Brooks at the NY Times portrayed earlier in the week. He argues that Americans have developed an absurd view of the power of government. Many voters seem to think that government has the power to protect them from the consequences of their sins. Then they get angry and cynical when it turns out that it can’t." [emphasis added]


Obama's inexperience and collectivist ideology fail him as a leader; his rhetoric has done him in.

"Barack Obama now faces perhaps his most politically crippling deficit of all: a credibility deficit.
That observation is reflected in the latest Bloomberg poll, which finds that on the heels of his big jobs speech last Thursday night, more than half of Americans (51%) do not believe the president's claim that this latest $447 billion spend-and-tax-or-borrow scheme will create new jobs.
"As the economy has gotten worse, people have stopped listening to Obama and his speeches are no longer an asset, they're a liability," concludes Kellyanne Conway, president of the Polling Company. That is because the gulf between three years of rhetoric and reality is so gigantic..."

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