Thursday, September 18, 2014

9/18/14 Today's Inquiries

Toasted and buttered.


The Links:


Can the United States stand idly by as Scotland descends into civil war?
Scotland has just 5,000 combat troops, hardly enough to defend its government against the more than 1 million rebels claiming allegiance to the radical group YES who already are taking to the streets in droves.
In such circumstances, is inaction justifiable? How many Scots need to die before Obama says “Enough is enough” and steps in?
What would independence mean for Scotch whisky?

You may have heard that a hedge fund criticized Olive Garden for it's unlimited breadsticks. Guess what? They really have ulterior motives and it's all part of a media strategy to make a cool billion off of real-estate



However, Florida, Nevada, Connecticut, Arizona, New Jersey, and Michigan had not returned to their prerecession spending levels as of the end of 2013. For Florida, Nevada, and Arizona, the depth of the collapse in those states’ booming housing sectors is almost certainly responsible for the relative shortfall in performance since 2007. 

This brings us to why the federal government collects taxes. It does so in order to reduce the amount of money flowing through the economy. Paying federal income taxes destroys money.
An excellent review of how the money markets and repo work. If you're at all interested in finance, this is one of the big factors in our economy that almost nobody knows about. 

School districts are also buying surplus military equipment. Thank goodness we're arming teachers to keep the kids safe from the tyranny of the police.

Apple is expanding the amount of encrypted user data it doesn't have access to. I think this is an interesting change and a big departure from normal tech industry practice. Tim Cook was on TV recently pointing out that Apple doesn't care much about selling user data because they sell phones and hardware. Suck it NSA. Also, smart marketing move by Apple. 

Of the 501 migrant workers interviewed, 92 percent paid recruitment fees to gain employment, and 94 percent said their passports were confiscated by their employers. More than three quarters (77 percent) of workers who paid recruitment fees said they had to borrow money to pay them, and 92 percent paid fees beyond industry standards (greater than one month's salary). Many of the migrants hailed from countries like Nepal, Bangladesh, and India.
Some researchers programmed basic ethical decision making ability into a robot and made it choose between two "humans" to save. The robot couldn't handle it and just froze. This doesn't bode well for self driving cars.


"I didn’t like surgeons."
During third year of med school we all rotated though the various specialties. I loved surgery but didn't like the surgeons. I loved medicine but didn't like the old patients and chronic conditions that never seemed to be cured. I hated pediatrics, mostly because of the annoying parents of healthy kids! But OB/GYN was unexpectedly fun. The doctors were all very affable, and some were actually funny. The patients were more healthy than not, and delivering babies was just about the coolest thing ever. I really bonded with two or three docs, and they became my mentors for the rest of my career.  



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