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Paul Craig Roberts: Summary of USG Financial Fraud from Clinton to Obama

03 Economy, 11 Society, Commerce, Corruption, Government
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Paul Craig Roberts
Paul Craig Roberts

The US Economy Has Not Recovered and Will Not Recover

CounterPunch, 19 February 2016

The US economy died when middle class jobs were offshored and when the financial system was deregulated.   . . .   The Federal Reserve’s zero interest rate policy was designed to support the balance sheets of the mega-banks and denied Americans interest income on their savings.  This policy decreased the incomes of retirees and forced the elderly to reduce their consumption and/or draw down their savings more rapidly, leaving no safety net for heirs.  Read more.

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Yoda: Open Source Exploding in China

#OSE Open Source Everything
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yoda with light saberTencent and Why Open Source is About to Explode in China

. . .   Three of the biggest internet companies in the world are actually based in China – Baidu, Alibaba and Tencent – collectively known as “BAT.” . . . One key enabler of this innovation is their growing embrace of open source platforms. The innovation coming from the highly admired BAT companies is also having a ripple effect across the Chinese market – inspiring Chinese telcos, enterprises, and equipment manufacturers to also look to open technologies to gain agility and cost savings.

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Ty Simpson: Ethereum World Computer

Advanced Cyber/IO
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Ty Simpson
Ty Simpson

What is Ethereum?

Ethereum, like any advanced system, will mean different things to different people. As you read this section, some bits may not resonate with you or even make sense. That is fine, just skip to the next paragraph and hopefully that one will be more enlightening. If you reach the end of this section and still feel confused, then jump on a forum and start asking questions.

Learn more.

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Stephen E. Arnold: Print – and Digital – Media Dead

IO Impotency
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Stephen E. Arnold
Stephen E. Arnold

Print and Digital: Both Goners

I read in McPaper this article: “Wolff: Print’s Dead — but So Is Digital.” Okay, I learned from Dr. Francis Chivers (Duquesne University professor in the 1960s) that God is dead. I learned from Francis Fukuyama (assorted universities) that history is dead. Now I learn from McPaper that print and digital are dead. A two’fer! That is what makes McPaper so darned compelling.

Continue reading “Stephen E. Arnold: Print – and Digital – Media Dead”

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Graphic: Water Conflict Events

12 Water, Earth Intelligence, Peace Intelligence
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Click on Image to Enlarge
Click on Image to Enlarge

Among the most disturbing trends in 2015 was the intentional and unintentional targeting of water infrastructure in several of the ongoing conflicts in the Middle East and the Ukraine, attacks on water pipelines and water supply systems in Syria and Iraq, and the use of major dams as weapons of war in Iraq. In other parts of the world, however, we also saw several instances of violence over access to water, from low-level fights among land owners to the deaths of thousands in Yemen in armed fights over wells and other water access points.

Source

See Also:

Water Conflict Chronology List

Tip of the Hat to Berto Jongman.

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Yoda: Linus Torvalds Naked & Awesome

Software
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yoda with light saberGlorious Jerk Linus Torvalds Trolls TED With Hilariously Frank Interview

Linus Torvalds, inventor of the open-source Linux operating system and father of the modern open-source movement, never meant to start a revolution. In fact, he wanted the OS all to himself. That’s just one of the revelations that came out of a rare and revealing interview Torvalds gave at TED2016. The famously reticent engineer went in depth on the origins of the open-source operating system that took off in the 1980s when Torvalds released the Linux kernel for free to the world, and on Torvalds’ working style.  Read highlights.