The following website has a slideshow that offers a reasonably good explanation of how the stock market and its clearing mechanisms works, with several case studies, as well as some commentary about the SEC placed in historical context. Rather than trying to synopsize it further, it’s offered for your perusal. The show lasts for about 80 minutes, so be prepared to spend at least that much time listening and watching. As a slideshow, it’s not presented primarily as text, so it’s hard if not impossible to speed it up, making my favorite method of reading fast impossible.
The information presented is worth the time spent watching and listening, even if you have little interest in the stock market. Darkside of the Looking Glass may dispel some myths.
The hypocrisy of the Executive Branch and their legislative cohorts is stunning. They want secrecy and privacy for their actions, but are unwilling to grant privacy to others. They seem to want citizens to have the perception of privacy, without the reality of privacy. They seem to want corporations to collect extra customer cash from the value added by customer-perceived privacy, but they want corporations to give them free customer data. They seem to want the private sector to be somewhat more transparent, more like the public sector, but with funding by the so-called choice of consumers instead of by the mandate of taxpayer funding; while simultaneously seeming to want government to be less transparent, more like the private sector, more secretive, and to maintain the mandate of taxes to pay for it.
A curious pattern of common hypocrisy emerges: Beside the collection of money, corporations and government both seem to want loyalty from the worker, customer, taxpayer, and citizen; but both seem unwilling to be likewise loyal to the citizen. (more…)
AT&T is in the news, this time they are alleged to have updated their privacy policy to include language that grants them ownership over customers’ data according to an article by David Lazarus of the San Franscisco Chronicle. Yesterday, the Associated Press wrote about how police agencies across the country have been using private data brokers to bypass privacy laws that prevent the police from legally obtaining that information without a warrant.
It seems that our 4th Amendment guarantee to be safe in “persons … papers, and effects” has been shredded (more…)
Wow, I haven’t posted for a long time, I guess I have nothing to say publicly, at least not using my real name! Yes, I do post elsewhere under the alias that I’ve used for something like 7 or more years now, but posting under a real name seems, somehow, different. I’m under no illusions of anonymity, however, I’m quite certain the government knows precisely who I am and the alias I post under, with the NSA and alleged telephone eavesdropping that’s been under some, ahem, fire.
I just found that Contact was still sending email to the old email address of the now disconnected ISP I used to use, but I thought I had changed it. I sure hope that nobody tried to email me—never mind that nobody has used the Contact button in all the months that it’s been on this site. So if you tried to email me in the last month or two, sorry(!), I never received it.
On an unrelated note, “U.S. scientists say the more consumers are absorbed in the narrative flow of a story, called transportation, the less likely they’ll respond well to ads.” I wonder if this means when person is caught up in the narritive flow of life in ‘the now’ moment surrounding them, that they won’t respond well to ads? If so, then marketers would logically concentrate upon the future and what could be, instead of what actually is, because reaility is part of the narrative unfolding of each moment with respect to each individual’s life. This seems to explain the so-common culture of ‘denial of reality.’
Have we been indoctrinated, perhaps starting when we are young and continuing through all of our individual years, by a media and various supporting societal structures and culture, to always be ‘looking forward’ or ‘preparing ourselves’ for some illusory world to come, instead of the world we’re actually in right now?
Has the world been hijacked by slick marketers?
While in this blog’s control area, I noticed that in the last few days 239 spams advertising all sorts of drugs piled up. It seems that the spammers are targeting blogs that appear inactive, but that has probably always been true; what seems odd is that they aren’t bugging my partner’s blog much, no more than one or two a day, and she posts every couple of weeks or so.
Why would spammers be avoiding more active blogs? They don’t want to upset the non-abandoned blogs’ users, but if it’s been abandoned, then hey, who cares? Seems as likely as any other answer, if there is an answer.
Note of 6/21: Spammers are still hammering on the door, so perhaps they’re not targeting inactive instead of active blogs.
Note of 8/22: While it’s not the source of the increased spam, the real-time blacklist (DNSRBL) opm.blitzed.org has ceased operations, and that would explain the massive increase of spam: the timeline seems about right.