CISPA Cancer Spreading; Truthiness and the New York Times; Tough Times for Chinese Graduates

July 30, 2012

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“Those life preservers are just for show”

“Those who desire to give up freedom in order to gain security will not have, nor do they deserve, either one.” ~ Benjamin Franklin

Freedom:

Cybersecurity Act of 2012 lets Facebook and Google monitor your online communications and pass that data to the government without a warrant.

  • If concerned, let your congressional representative know using this locator
  • Ex. @ChuckSchumer Stop seizing freedom and power in the faux name of security. People are losing trust in Congress and Guv. Vote against #CISPA

Research:

"People who avoid regularly looking at email experience less stress and increased productivity." ~ Farnam Street

Decision making under hypoxia: Oxygen depletion increases risk seeking for losses but not for gains ~ (pdf) Journal

The art of writing can be reduced to a few simple rules. ~ NYT

60 percent of hiring managers in the survey said that they would automatically dismiss a candidate when seeing typos in their résumé

U.S.

Denied rumor of financial blockade against the NY Times by Visa, Mastercard, American Express for wikileaks coverage ~ max keiser

  • The successful spread of a rumor implies either hidden wants; or, a belief in a rumor’s capacity to be true.

What Are the Odds Your Employer Will Drop Health Coverage? ~ Heritage100%, by design; government, big companies, and unions will be last

Rep. Kelly’s Rousing Floor Speech lambasts regulatory costs, receives Standing Ovation and Chants of "USA" ~ youtube

World:

The great currency war of 2007-2012 is over ~ The Atlantic is rivaling Time Magazine as the consummate fade

Japan and India Pair Up on Defense to counter China ~ NYT – picking sides – China, Russia, NK vs US, ASEAN, Japan, India #war

"Peak may be in sight for commodity prices" ~ The Economist

Marc Faber sees the middle east going up in flames, favors equities over bonds ~ Arabian Money

"Only Mario Draghi’s ECB can avert global calamity before the year is out" Telegraphand create a bigger one later

‘In 1985, Bob Prechter observed that in bear markets, culture shows a preference for “masculine” women’s and “feminine” men’s fashions’  ~ Social Mood Watch

China:

"In China, we have continued to see evidence of a faster-than-anticipated economic slowdown." ~ mining giant $BHP ~ bankokpost

20-30% of China’s Graduates in China to Struggle to Find Jobs ~ businessweek 

  • something like 700k foreigners, led by the Chinese, are educated in U.S. universities – wonder if they will sour, help pop .edu bubble

98 per cent of all criminal cases in China result in convictions according to a 2009 Harvard study

Why massive protests happened in Shifang? ~ WSJfor those that believe China has an unlimited capacity for a stimulus

Abandoned Olympic Cathedrals Sit Rotting in Beijing ~ Bloomberg

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