Saturday, September 23, 2017
Fed's 'Great Unwinding' Begins, And It's About Time — Now It's Congress' Turn To Act | Stock News & Stock Market Analysis - IBD
Fed's 'Great Unwinding' Begins, And It's About Time — Now It's Congress' Turn To Act | Stock News & Stock Market Analysis - IBD:
"Beginning next month, the Fed said it will begin trimming the $4.5 trillion balance sheet simply by not reinvesting the proceeds of some of its maturing Treasurys, and instead letting the principal shrink by about $10 billion a month initially, and then letting that grow to as much as $50 billion a month as time goes on.
How did the balance sheet get so big that it's now a quarter the size of our entire economy? It was built up over eight years of buying Treasury and mortgage bonds, in the mistaken notion that massive Fed cash infusions into those markets would bolster the economy and foster a return to normalcy."
How did the balance sheet get so big that it's now a quarter the size of our entire economy? It was built up over eight years of buying Treasury and mortgage bonds, in the mistaken notion that massive Fed cash infusions into those markets would bolster the economy and foster a return to normalcy."
Report: NYC public school grads spend $63 million on college remedial courses | EAGnews.org
Report: NYC public school grads spend $63 million on college remedial courses | EAGnews.org
"NEW YORK – Hundreds of students and parents gathered in front of New York City Hall last week to decry the $63 million “Remediation Tax” they were forced to pay after their public schools failed to prepare them for college.
"NEW YORK – Hundreds of students and parents gathered in front of New York City Hall last week to decry the $63 million “Remediation Tax” they were forced to pay after their public schools failed to prepare them for college.
“This ‘Remediation Tax’ affects 21,000 New York City college students who have graduated from city high schools but are unprepared for college-level coursework,” according to the StudentsFirstNY website.
“The $63 million Remediation Tax refers to the cost of remedial courses that college students are forced to take before they can enroll in classes that earn credit towards a degree.
This undue burden is imposed disproportionately on low- and middle-income New Yorkers who attend K-12 schools that fail to provide their graduates with the skills and knowledge they need to succeed in college.”
The pro-charter school StudentsFirstNY published a reportThursday that shows the city school graduates spent an average of $3,000 a year to gain the basic knowledge they should have learned in high school.
“Students are forced to pick up the slack for a K-12 system that failed them — depleting whatever grants, scholarships, loans or personal resources they had planned to use to pay for college,” according to the report..."
GENDER NEUTRAL BATHROOMS CAN’T WIN THE POPULAR VOTE AT COLUMBIA
Instapundit » Blog Archive » GENDER NEUTRAL BATHROOMS CAN’T WIN THE POPULAR VOTE AT COLUMBIA: Columbia University students rec…:
"GENDER NEUTRAL BATHROOMS CAN’T WIN THE POPULAR VOTE AT COLUMBIA:
If only you could weight votes somehow, in some sort of college-electoral thing or something.
The name’s on the tip of my tongue. . . .
"Other points:
(1) “Likely outnumber.” Delusional.
(2) In fact, even on “liberal” campuses, most students don’t support this, they’re just bullied into keeping quiet.
Forcing these decisions to secret-ballot votes is a good idea." Posted by Glenn Reynolds at 12:39 pm
"GENDER NEUTRAL BATHROOMS CAN’T WIN THE POPULAR VOTE AT COLUMBIA:
Columbia University students recently voted against a proposal that would make all restrooms on a dorm-floor “gender inclusive.”
Students living in at least five of the elite school’s residence halls voted floor-by-floor to determine whether their male- and female-designed restrooms would be made “gender inclusive,” a practice made possible under a new Columbia University Residence Life Policy. . . .Krish Bhatt, president of the Columbia Queer Alliance, slammed the new policy as one that privileges the voices of “cisgender” students.
“The voices of cisgender residents, who likely outnumber transgender or gender nonconforming students and are more or less unimpacted by the decision, are being centered [in this decision],” Bhatt told The Spectator, adding that trans-students are not properly represented under such a “democratic fallacy.”
“While I understand the intention of this decision…this rule reinforces a democratic fallacy, where those who would benefit from a decision to designate bathrooms as gender-inclusive are not necessarily represented or represented to the extent of their need,” Bhatt elaborated.
If only you could weight votes somehow, in some sort of college-electoral thing or something. The name’s on the tip of my tongue. . . .
"Other points:
(1) “Likely outnumber.” Delusional.
(2) In fact, even on “liberal” campuses, most students don’t support this, they’re just bullied into keeping quiet.
Forcing these decisions to secret-ballot votes is a good idea." Posted by Glenn Reynolds at 12:39 pm
Scientists remove one of the final barriers to making lifelike robots | KurzweilAI
Scientists remove one of the final barriers to making lifelike robots | KurzweilAI
"3D-printable, synthetic soft muscle can mimic natural biological systems, lifting 1000 times its own weight
"3D-printable, synthetic soft muscle can mimic natural biological systems, lifting 1000 times its own weight
[+]
(L) The electrically actuated muscle with thin resistive wire in a rest position; (R) The muscle is expanded using only a low voltage (8V). (credit: Aslan Miriyev/Columbia Engineering)
Researchers at the Columbia Engineering Creative Machines lab have developed a 3D-printable, synthetic soft muscle that can mimic natural biological systems, lifting 1000 times its own weight. The artificial muscle is three times stronger than natural muscle and can push, pull, bend, twist, and lift weight — no external devices required.
...“We’ve been making great strides toward making robot minds, but robot bodies are still primitive,” said Hod Lipson, PhD, a professor of mechanical engineering. “This is a big piece of the puzzle and, like biology, the new actuator can be shaped and reshaped a thousand ways. We’ve overcome one of the final barriers to making lifelike robots...”
Read on!
It looks like Obama did spy on Trump, just as he apparently did to me | TheHill
It looks like Obama did spy on Trump, just as he apparently did to me | TheHill:
"Many in the media are diving deeply into minutiae in order to discredit any notion that President Trump might have been onto something in March when he fired off a series of tweets claiming President Obama had “tapped” “wires” in Trump Tower just before the election.
According to media reports this week, the FBI did indeed “wiretap” the former head of Trump’s campaign, Paul Manafort, both before and after Trump was elected. If Trump officials — or Trump himself — communicated with Manafort during the wiretaps, they would have been recorded, too."
According to media reports this week, the FBI did indeed “wiretap” the former head of Trump’s campaign, Paul Manafort, both before and after Trump was elected. If Trump officials — or Trump himself — communicated with Manafort during the wiretaps, they would have been recorded, too."
UNC Charlotte offers 345 'diversity' courses - The College Fix
UNC Charlotte offers 345 'diversity' courses - The College Fix:
"...The 21-page list, dubbed “CLAS Diversity Courses,” details 345 classes representing a broad spectrum of fields and majors, including Religious Studies, Women’s and Gender Studies, Languages and Culture Studies, and Africana Studies.
Department chairs and program directors helped aggregate the diversity list after students, during a forum, made requests for more diverse perspectives to be made readily available.
The Associate Dean of UNC-Charlotte, Shawn Long, told The College Fix that courses offered by the public university — whether on this list or not — support students by fostering a fundamental understanding of diversity, unique learning styles, cultural differences and human relationships.
...Although there is no existing diversity requirement for graduating, Dean Nancy Gutierrez stated that the College of Liberal Arts & Sciences is committed to “developing an inclusive environment where diversity, in all its forms, is valued and incorporated in the full-range of college activities.”
The spreadsheet of classes allots a sizable portion to those within the Women’s and Gender Studies, including courses such as “Changing Realities of Women’s Lives” and “Ecological Feminism...”
Department chairs and program directors helped aggregate the diversity list after students, during a forum, made requests for more diverse perspectives to be made readily available.
The Associate Dean of UNC-Charlotte, Shawn Long, told The College Fix that courses offered by the public university — whether on this list or not — support students by fostering a fundamental understanding of diversity, unique learning styles, cultural differences and human relationships.
...Although there is no existing diversity requirement for graduating, Dean Nancy Gutierrez stated that the College of Liberal Arts & Sciences is committed to “developing an inclusive environment where diversity, in all its forms, is valued and incorporated in the full-range of college activities.”
The spreadsheet of classes allots a sizable portion to those within the Women’s and Gender Studies, including courses such as “Changing Realities of Women’s Lives” and “Ecological Feminism...”
History for September 23
History for September 23 - On-This-Day.com
Caesar Augustus 63 B.C., Walter Lippmann 1889, Mickey Rooney (Joe Yule, Jr.) 1920
Ray Charles 1930, Bruce Springsteen 1949 - Musician, Jason Alexander 1959 - Actor ("Seinfeld")
1779 - John Paul Jones, commander of the American warship Bon Homme, was quoted as saying "I have not yet begun to fight!"
1780 - John Andre, a British spy, was captured with papers revealing that Benedict Arnold was going to surrender West Point, NY, to the British.
1806 - The Corps of Discovery, the Lewis and Clark expedition, reached St. Louis, MO, and ended the trip to the Pacific Northwest.
1845 - The Knickerbocker Base Ball Club of New York was formed by Alexander Joy Cartwright. It was the first baseball team in America.
1846 - Astronomer Johann Gottfried Galle discovered the planet Neptune.
1930 - Flashbulbs were patented by Johannes Ostermeier.
1952 - Richard Nixon gave his "Checkers Speech". At the time he was a candidate for U.S. vice-president.
1962 - "The Jetsons" premiered on ABC-TV. It was the first program on the network to be carried in color.
Friday, September 22, 2017
Articles: Explaining the Narcissistic Rage of the Left
Articles: Explaining the Narcissistic Rage of the Left:
"Why such unabated arch-loathing? One possibility is that Trump's triumph dealt the progressive left a narcissistic injury from which they are still reeling. Is there another explanation for why previously sober, thoughtful Americans have abandoned the rational in such numbers?
The elite see their virtue, rectitude, and moral superiority reflected back to them in the films, newspapers, advertisements, TV shows, and magazines they themselves create, and it is intoxicating – a gauzy reverie of self-ratifying congratulation. Is it any wonder, after such unmitigated success, that the left is apoplectic about having its echo chamber shattered by a barbarian like Trump?"
The elite see their virtue, rectitude, and moral superiority reflected back to them in the films, newspapers, advertisements, TV shows, and magazines they themselves create, and it is intoxicating – a gauzy reverie of self-ratifying congratulation. Is it any wonder, after such unmitigated success, that the left is apoplectic about having its echo chamber shattered by a barbarian like Trump?"
This is what drinking does to the brain | ScienceNordic
This is what drinking does to the brain | ScienceNordic"...When Finnish scientists studied the brain activity of 27 young men and women who had been drinking rather regularly for ten years, they found that parts of this activity differed from the norm.
The scientists thought the long-term alcohol intake would impact the women most.
So they were very surprised to find the opposite.
...This means that male brain electrical functioning is changed more than female brains by long-term alcohol use,” said Outi Kaarre in a press release from ECNP.
...GABA is involved in many neurological systems and it is linked to anxiety and depression.
...This means that male brain electrical functioning is changed more than female brains by long-term alcohol use,” said Outi Kaarre in a press release from ECNP.
...GABA is involved in many neurological systems and it is linked to anxiety and depression.
The Finnish researcher says it “generally seems to calm down brain activity...”
What the $20 Trillion National Debt Means to You - Just Facts
What the $20 Trillion National Debt Means to You - Just Facts
"...In 2014, the Congressional Budget Office (CBO) projected that this debt would more than double again over the next 25 years and far exceed the peak of World War II...
Three years later, the debt is tracking with these projections:"
"...In 2014, the Congressional Budget Office (CBO) projected that this debt would more than double again over the next 25 years and far exceed the peak of World War II...
Three years later, the debt is tracking with these projections:"
Philadelphia finds hundreds of illegal voters | Fox News
Philadelphia finds hundreds of illegal voters | Fox News:
""This is a real concern," Schmidt said. "It is harmful to election integrity, and it is harmful to members of the immigrant community who are applying for citizenship. If you've registered to vote in the U.S., and you're not a citizen, it's potential grounds for the denial of your citizenship application."
Schmidt said that many more noncitizens could have mistakenly registered through the system, both in Philadelphia and elsewhere in Pennsylvania. However, he pointed out that no municipal election was close enough to have potentially been affected by improper voting. "
Schmidt said that many more noncitizens could have mistakenly registered through the system, both in Philadelphia and elsewhere in Pennsylvania. However, he pointed out that no municipal election was close enough to have potentially been affected by improper voting. "
Hubble Reveals an Odd Object In the Asteroid Belt Between Mars and Jupiter - The Daily Galaxy --Great Discoveries Channel
Hubble Reveals an Odd Object In the Asteroid Belt Between Mars and Jupiter - The Daily Galaxy --Great Discoveries Channel:
"In September 2016, just before the asteroid 288P made its closest approach to the Sun, it was close enough to Earth to allow astronomers using the Hubble Space Telescope to observe the intriguing characteristics of an unusual type of object in the asteroid belt between Mars and Jupiter: two asteroids orbiting each other and exhibiting comet-like features, including a bright coma and a long tail.
This is the first known binary asteroid also classified as a comet.
The images of 288P, which is located in the asteroid belt between Mars and Jupiter, revealed that it was actually not a single object, but two asteroids of almost the same mass and size, orbiting each other at a distance of about 100 kilometers..."
"In September 2016, just before the asteroid 288P made its closest approach to the Sun, it was close enough to Earth to allow astronomers using the Hubble Space Telescope to observe the intriguing characteristics of an unusual type of object in the asteroid belt between Mars and Jupiter: two asteroids orbiting each other and exhibiting comet-like features, including a bright coma and a long tail.This is the first known binary asteroid also classified as a comet.
The images of 288P, which is located in the asteroid belt between Mars and Jupiter, revealed that it was actually not a single object, but two asteroids of almost the same mass and size, orbiting each other at a distance of about 100 kilometers..."
Top five most expensive tech blunders: how simple mistakes led to massive losses - ShinyShiny
Top five most expensive tech blunders: how simple mistakes led to massive losses - ShinyShiny
"Author of Humans vs. Computers, Gojko Adzic, picks his top five biggest tech mistakes of all time…
As such, here are the top five biggest tech blunders in recent history that led to massive losses because of computer error. The are some of the worst, but serve as a reminder of similar crises...
"Author of Humans vs. Computers, Gojko Adzic, picks his top five biggest tech mistakes of all time…
Humans have become increasingly reliant on technology to help ease and automate processes in our personal and professional lives. We’ve become so reliant in fact, that automation is expected to replace 25 million jobs within the next ten years.
Given that 30% of UK industries are expected to be automated by 2037, we’re facing the very real idea that robots and humans will be working side by side each day. This brings with it many benefits including freeing up humans for more complicated tasks and roles. However, it also means that robots, who rely on algorithms to run systems and calculations, will be at risk for huge mistakes.
As such, here are the top five biggest tech blunders in recent history that led to massive losses because of computer error. The are some of the worst, but serve as a reminder of similar crises...5 – Amster-damn!
In 2013, Amsterdam surprised 9,000 of its poor residents with an early Christmas gift. Through a mathematical error and miscalculation of decimals, like in our #3 example, the city council ended up paying out house assistance benefits in Euros rather than cents.
The mistake ended up costing the council a total of €188 million, rather than €1.88 million..."
Read 'em all!
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