Its task for most of the past 100 years has been to regulate growth — not to manage decline. Much of the commentary you saw prior to 2008, such as Ben Bernanke’s sincere lack of concern about a US housing bubble (“I guess I don’t buy your premise. It’s a pretty unlikely possibility. We’ve never had a decline in house prices on a nationwide basis…”) is, of course, duplicated today as we confront a similar endgame in sovereign debt.
Month: December 2011
The Download.com Debacle | Electronic Frontier Foundation
CNET’s Download.com site has been embedding adware into the install process for all kinds of software, including open source software like NMAP. For the unwary, some of the ads could have been read to suggest accepting the advertised service (e.g., the Babylon translation tool bar) was part of the installation process. Users who weren’t paying attention may also have clicked “accept” simply by accident. In either event, after their next restart, they would have been surprised to find their settings had been changed, new tool bars installed, etc.
Weekly Economic Update | LAEDC
THIS WEEK’S HEADLINES:
- Consumer Credit Rose by $7.7 Billion in October
- California’s Budget Position in November
- Events of Interest
- January 22-24, 2012: VerdeXchange Conference – Energy & Infrastructure: The Business of Adapting to Green
- February 15: LAEDC Economic Forecast and Industry Outlook
China’s deserted fake Disneyland | Photographers Blog
Situated on an area of around 100 acres, and 45 minutes drive from the center of Beijing, are the ruins of ‘Wonderland’.
Pop Quiz: Can 8% GDP growth be sustained? You can use your notes. -Ed.
Insight: The day Europe lost patience with Britain | Reuters

The swing was very, very quick. Everybody was on board in a matter of minutes. I think it was obvious inside the room that Cameron was shocked by the swiftness with which his allies left him alone.”
Can Owning A Cat Void Your HP Warranty? – The Consumerist
[If] there’s fur inside the computer, causing HP to declare his computer a “biological hazard” and send it back un-repaired.
UC Davis Pepper-Spray Incident Reveals Weakness Up Top | Matt Taibbi | Rolling Stone
Dashcam Video – Swept Away By The Tsunami | ITN
Winning comment:’ I’m surprised the car didn’t sink under the weight of this guy’s balls’ – Ed.
21st Century Killer Drum Solo
Terry Bozzio was a major influence on my playing. I heard him for the first time when he played with Frank Zappa in the 1970’s. He’s moved from blazing solos to melodic percussion work. Brilliant.
20th Century Killer Drum Solo
Buddy Rich was not an influence when I was learning to play, but I came across this and I was pretty captivated. He works his ass off.



