Daily Archives: August 24, 2015

The Demands For Another Fed Bailout Have Begun

Back in August 2007, just as the quant funds had their first taste of what the upcoming collapse would look like and when the Fed for the first time realized that the subprime woes were “not contained” despite what Ben Bernanke had promised previously to Congress, financial comedy TV’s best known mascot, Jim Cramer had a meltdown on CNBC following Bear Stearns’ CFO admission that the fixed-income market turmoil was the worst in 22 years, ranting how the Fed “knows nothing” and how it should promptly bail out the financial system.

Little did Bear Stearns know that less than 9 months later it would no longer exist, but not before the same Jim Cramer proclaimed Bear Stearns was “fine” and is not in trouble when it was trading at $62/share. A week later the company was insolvent and was handed to JPM for a forced take-out at $2/share.

Fast forward 8 years when we just witnessed the biggest weekly market rout in 4 years and largest VIX surge in history, and when – like clockwork – the financial “experts” come crawling out demanding, you guessed it, another Fed bailout.

Here is Suze Orman, self-described as “America’s Most Trusted Personal Finance Expert” who, hilariously enough, in a Twitter conversation with none other than financial comedy’s prime mascot made it quite clear how she feels about the market rout:

continue http://www.zerohedge.com/news/2015-08-22/americas-most-trusted-personal-finance-expert-calls-another-fed-bailout

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To Play Beethoven, Three Harmonicas Will Do Just Fine

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Introducing Bcachefs: Linux’s Newest File System

  Bcachefs maintainer Kent Overstreet has recently announced that the project is now accessible to all. With various ingenious features of ZFS and Btrfs file systems, bcachef aims to provide similar performance and consistency as the consecrated EXT4 and XFS file systems. It aims to be a Copy-On-Write (COW) filesystem with caching, compression and checksumming. Bcachefs, Linux’s Newest File System, ZFS and Btrfs file systems, Kent Overstreet

“For those who haven’t kept up with bcache, the bcache codebase has been evolving/metastasizing into a full blown, general purpose posix filesystem – a modern COW filesystem with checksumming, compression, multiple devices, caching, and eventually snapshots and all kinds of other nifty features,” confirms Overstreet.

continue http://www.efytimes.com/e1/fullnews.asp?edid=173414

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Unicycle drones that swarm together to transport heavy parcels


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YouTube bloggers told to slap ‘advert’ stickers on their vid posts

The UK’s Committee of Advertising Practice (CAP) has told video bloggers (vloggers) on YouTube et al to admit when they are getting paid to shill a product.

The CAP’s new set of guidelines gives tips for the producers and stars of video blogs on how to disclose when they have been paid or stand to gain from endorsing a product in their video entries.

The rules come following a 2014 incident in which some bloggers were paid to post videos featuring Oreo cookies without fully disclosing that they had been paid to do so, causing a stir over how advertising standards should apply to vlogs.

“The advertising rules do not cover or prohibit vloggers entering into commercial relationships and the Advertising Standards Authority (ASA) does not regulate editorial opinion,” the CAP said.

“In response to feedback from vloggers, however, we and the ASA are also reminding brands and agencies (be they advertising, digital or PR) looking to partner with vloggers of the need to be transparent.”

continue http://www.theregister.co.uk/2015/08/20/uk_vlogger_rules/

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Linux AIO Announces All The Linux Mint 17.2 Flavours In A Single ISO Image

Linux AIO Linux Mint 17.2 Live DVDs brings tools like memory diagnostic utility (Memtest86+) as well as HDT (Hardware Detection Tool) which detects the compatibility of the target computer with Linux Mint 17.2 
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Wednesday, August 19, 2015 The Linux AIO team recently announced that a new version of their Linux AIO Linux Mint Live DVD is now available for download. According to the latest reports, the updated version relies on Linux Mint 17.2 distribution which has recently been introduced. Reports further suggest that it contains all flavours of the Linux Mint 17.2 (Rafaela) including Linux Mint 17.2 Cinnamon, Linux Mint 17.2 KDE, Linux Mint 17.2 MATE and Linux Mint 17.2 Xfce in both 32-bit as well as 64-bit versions. Linux AIO ,Linux Mint 17.2 Flavors , All The Linux Mint 17.2 Flavors In A Single ISO Image, Linux Mint 17.2 Cinnamon, Linux Mint 17.2 KDE, Linux Mint 17.2 MATE, Linux Mint 17.2 Xfce

Linux AIO Linux Mint 17.2 Live DVDs bring tools like memory diagnostic utility (Memtest86+) as well as HDT (Hardware Detection Tool) which detects the compatibility of the target computer with Linux Mint 17.2. It also comes with ‘Reboot’ options.

In a conversation with Softpedia, Željko Popivoda confirmed, “We are pleased to announce the release of Linux AIO Linux Mint 17.2 in our Primary branch. It contains 32bit and 64bit version of ISOs, with official, untouched Linux Mint Cinnamon, KDE, MATE and Xfce 17.2 releases.”

continue http://www.efytimes.com/e1/fullnews.asp?edid=173116

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Disable Flash on your browser. Stop hesitating. Do it now.continue

Disable Flash Internet Explorer Chrome Safari Firefox

Recently I uninstalled Flash on both my Windows PC and my MacBook and I was amazed at how much it improved my online experience. Now PC World has gone ahead and run some tests to figure out just how much Flash is a drain on browser performance and has discovered disabling Flash can improve your browser’s performance by as much as 80%.

RELATED: I disabled Flash on my computer and I haven’t enjoyed the web this much in years

How bad is Flash for your browser? PC World found that with Microsoft Edge, having Flash enabled made the application consume 4.72 GB of memory and 84.1% of CPU cycles. Once Flash was disabled, those numbers went down to 4.12GB of memory and 24.5% of CPU cycles.

Things get even more dramatic with the Opera browser, which consumes 3.47 GB of memory and 81.2% of CPU cycles with Flash enabled and just 1.8GB of memory and 6% of CPU cycles with Flash disabled. Installing Flash onto Firefox, meanwhile, meant that “some tabs were unresponsive minutes after loading, and I had to manually check each tab to check on its progress,” which was completely different from how the browser behaved before installing the Flash plugin.

continue http://bgr.com/2015/08/19/disable-flash-internet-explorer-chrome-safari-firefox/

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Climate philanthropist George Soros invests millions in coal

Billionaire has previously funded renewable energy and low-carbon initiatives and has called coal a ‘lethal bullet’ for climate change

Chairman of Soros foundation George Soros funds the Climate Policy Initiative thinktank and and clean energy initiatives.
George Soros has recently bought shares in struggling coal giants Peabody Energy and Arch Coal. Photograph: Jorge Silva/REUTERS

Billionaire climate philanthropist George Soros invested more than $2m (£1.3m) in struggling coal giants Peabody Energy and Arch Coal in recent months, despite having once called the fuel “lethal” to the climate.

Filings with the Securities and Exchange commission show that between April and June this year Soros Fund Management (SFM) bought more than 1m shares in Peabody ($2.25m), the world’s largest private coal company, and 500,000 shares in Arch ($188,000).

The firm, which Soros chairs, bought the large stakes for bargain prices. Peabody and Arch are giants of the US coal sector but have suffered massive declines in recent years, losing more than 98% of their value. SFM made a similar move in 2014 by investing $234.4m in coal and gas company Consol. Those shares were sold off after a few months as gas prices continued to fall.

The Hungarian trading titan is the 29th richest person on earth; according to Forbes he is worth $24.2bn. In 2009, after being convinced by Al Gore of the urgency of the climate challenge, he pledged to spend $1bn of his own money on renewable energy and funded the Climate Policy Initiative (CPI) thinktank.

At the time, Soros said: “There is no magic bullet for climate change, but there is a lethal bullet: coal.” A report produced by CPI in June 2014 concluded that transitioning away from coal represented a cost-effective way to reduce emissions. CPI declined to comment on their benefactor’s apparent inconsistency.

continue http://www.theguardian.com/environment/2015/aug/19/climate-philanthropist-george-soros-invests-millions-in-coal

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Instructions for Engineering Sustainable People

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Inside the Kremlin’s ‘troll army’

Editor’s Note: It appears the Kremlin has its version of Hasbara trolls who flood the internet with pro-Putin memes. Makes you wonder about the unhinged Putin worshipper Mark Glenn and the “Ugly Truth” brigade.

kremlin-trollsOver the past year, Russia has seen an unprecedented rise in the activity of “Kremlin trolls” – bloggers allegedly paid by the state to criticise Ukraine and the West on social media and post favourable comments about the leadership in Moscow.

Though the existence and even whereabouts of the alleged “cyber army” are no secret, recent media reports appear to have revealed some details of how one of the tools of Russian propaganda operates on an everyday basis.

continue http://nonalignedmedia.com/2015/08/inside-the-kremlins-troll-army/

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Politically Correct School District Bans ALL Flags, Including the American flag


School officials in the Tennessee county of Dickson have decided to ban all flags from being displayed on campus by students, including even the American flag, reported Scripps Media.

The controversy started earlier this summer when students began flying their own banners in response to the whole Confederate-flag fiasco. This apparently upset officials so much that they decided to ban students from displaying any flag on campus.

“It’s not an unpatriotic act by an means, because we have a number of ways in which students do learn how to be patriotic and express American pride,” Dickson County Director of Student Services Steve Sorrells said to reporters in defense of this decision.
continue http://www.thefederalistpapers.org/education-2/politically-correct-school-district-bans-all-flags-including-old-glory

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New Zealand zoo bans ‘wizard’ for upsetting gorillas

Gorillas Fataki, Fuzu and Mahali in their enclosure at Orana Wildlife Park in New Zealand. A self-proclaimed “wizard” was banned from the park after allegedly agitating the animals by chanting and beating his chest. CTV – Canterbury Television/YouTube video screenshot

CHRISTCHURCH, New Zealand, Aug. 17 (UPI) — A New Zealand man who describes himself as a “wizard” has been banned by a zoo for chanting and beating his chest at gorillas.

The Orana Wildlife Park in Christchurch said Andrew Wright, a self-proclaimed wizard and energy healer, has been banned from the zoo after back-to-back visits last week left the park’s three gorillas agitated.

Nathan Hawke, the zoo’s marketing manager, said staff members asked Wright to stop chanting, beating his chest and mimicking the primates, but his behavior persisted.

Wright said officials misunderstood the gorillas’ reaction to his presence.

“They weren’t agitated at all — they seemed to be enjoying the singing,”

continue http://www.upi.com/Odd_News/2015/08/17/New-Zealand-zoo-bans-wizard-for-upsetting-gorillas/5601439826212/

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