— Mariam Naficy
-Kenneth To (aka me) thinking about about problem solving and Steve Jobs
*My friend said someone already came up with this, but I still like it
|SEN PAUL:||I don’t know of anybody on this panel who tries to maximize their tax burden. I mean my question for Mr. Harvey : Do you take any deductions on your taxes?|
|MR. HARVEY:||Obviously I do.|
|SEN PAUL:||Do you choose to maximize your tax burden or minimize your tax burden?|
|MR. HARVEY:||Uh minimize it.|
|SEN PAUL:||Do you think you’re a bad person for doing that?|
|MR. HARVEY:||Absolutely not.|
"Instead of Apple executives we should have brought in here a giant mirror," he added. "Congress should be on trial here for creating a byzantine tax code.” -Rand Paul
It’s hilarious to watch the Senate being angry at Apple for not paying enough taxes. U.S. congress yells, “We created those loopholes only for our donors and contributors, not for you!”
If historical cases of hyperinflation — real, and now virtual — have one thing in common, it is the instinct among its victims to blame the symptoms rather than the disease. During both the German and the Diablo 3 hyperinflations, “intrigue and artifice” were believed to be at work.
Economically, the tipping point in the transformation of inflation into hyperinflation is characterized by a profound drop in the outstanding demand for money: when holders of money expect the supply of money to increase — particularly without any sense of timing, bounds, or other guidance — monetary demand in the present drops in favor of surrendering money for vendibles.
The focus of possessors of money, therefore, devolves into an effort to capture known, present purchasing power against the likelihood of its decline in the near future. Saving, in any event, delaying consumption, is chastened; and if a cycle of declining purchasing power and rapidly rising prices ensues, ultimately the propensity to hold money declines precipitously and may fundamentally disappear.
This was demonstrated when, in a message board entry prefaced by stating “Sell Equipment before Patch 1.0.5 Hits!” (a patch is a piece of software added to an operational program or application as bugs are found, changes desired, or ways of improving performance discovered), a player warned that,
Blizzard just announced that the drop rates for [certain] items are going to be doubled … if you haven’t already, you should consider converting your current gear to cash … since real $ [are] the best hedge against gold devaluation[.]
If historical cases of hyperinflation — real, and now virtual — have one thing in common, it is the instinct among its victims to blame the symptoms rather than the disease. The Austrian economist Hans Sennholz noted that during the German hyperinflation, “intrigue and artifice” were believed to be at work. Similarly, a handful of Diablo 3 players, frustrated about the decimation of their purchasing power, expressed increasing suspicion of manipulation and conspiracy theories.
I thought this was a fun little read about hyperinflation in an in-game marketplace.
15-Year-Old Kelvin Doe is an engineering whiz living in Sierra Leone who scours the trash bins for spare parts, which he uses to build batteries, generators and transmitters.
I watched this video of Kelvin Doe and felt inspired. I’m also feeling grateful for all the opportunities I have being in grad school because of my parents.
This needs to be stopped:
CNET has learned that Patrick Leahy, the influential Democratic chairman of the Senate Judiciary committee, has dramatically reshaped his legislation in response to law enforcement concerns. A vote on his bill, which now authorizes warrantless access to Americans’ e-mail, is scheduled for next week.
Leahy’s rewritten bill would allow more than 22 agencies — including the Securities and Exchange Commission and the Federal Communications Commission — to access Americans’ e-mail, Google Docs files, Facebook wall posts, and Twitter direct messages without a search warrant. It also would give the FBI and Homeland Security more authority, in some circumstances, to gain full access to Internet accounts without notifying either the owner or a judge.
— Ron Paul
— Steve Jobs
|Question:||Can you describe the feeling when you know that Rafael Nadal is hitting on all cylinders and you're trying to summon something and it's just not there?|
|Andy Roddick:||It's a bad feeling. You know, it's almost worse than competing. You feel helpless, you feel — I think you'd rather be booed than have silence. You know, it's an empty feeling. It's not fun.|
|Question:||Were you able to have fun at all today?|
|Andy Roddick:||I didn't have a lot of fun today, no. But it's early.|