Monday, February 4, 2013

Take a starlit tour of the Planetarium Projector Museum

Optical relics aplenty reside under one roof (parachute actually) at the Planetary Projector Museum in Southern California. Take a video tour.

Source: http://news.cnet.com/8301-17938_105-57565888-1/take-a-starlit-tour-of-the-planetarium-projector-museum/?part=rss&subj=news&tag=2547-1_3-0-20

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Astronauts Will Watch the Super Bowl from Space


Six astronauts living in space may not have gravity, fresh food or a shower, but there is one Earth necessity they won't miss Sunday: They're going to watch the Super Bowl.

NASA's Mission Control at the Johnson Space Center in Houston will beam the Super Bowl XLVII showdown between the San Francisco 49ers and the Baltimore Ravens live to the International Space Station so its astronaut crew can watch the big game along with every other football fan on Earth.

"Yes they are going to watch it this weekend," NASA spokesman Josh Byerly told SPACE.com in an email. Byerly said Mission Control made a special point on Friday (Feb. 1) of asking the station astronauts if they wanted to catch the…
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Source: http://feeds.mashable.com/~r/Mashable/~3/jQARAdz_LOI/

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Sunday, February 3, 2013

Google?s Schmidt: ?Twitter Can No More Produce Analysis Than A Monkey Can Type Out A Work of Shakespeare?

EricSchmidt008Google Chairman Eric Schmidt's upcoming book, "The New Digital Age," isn't pulling any punches. From the "irrelevance" of anonymity to some juicy thoughts on Twitter, the Wall Street Journal published some thought-provoking quotes from the book slated to be released in April.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/v1Fr5XTZ9O8/

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ESA tests prospect of 3D printing Moon bases with lunar soil

ESA tests prospect of 3D printing Moon bases with lunar soil

Building a base on the Moon poses a rather large logistics problem when all the construction material has to make a 238,900-mile journey. The European Space Agency has proposed packing light: it's teaming with Foster + Partners to test the possibility of 3D printing not just the tools, but whole lunar buildings. The current method would bind powder in layers to create hollow, cellular building blocks that are both sturdy and relatively light. With an improved D-Shape printer from Monolite, the ESA believes it could finish a whole structure inside of a week -- if only we could finish most Earth-bound homes so quickly. There's no word on the likelihood of any spacefarers using the technique, but it's easy to see the value of leaving more room for the supplies that really matter.

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Via: CNET

Source: ESA

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/T2CotHG5vUc/

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Saturday, February 2, 2013

How to buy movie tickets with Siri on your iPhone and iPad

How to buy movie tickets with Siri on your iPhone and iPad

As of iOS 6, Siri has been able to help you find movie theaters and showtimes. With the iOS 6.1 update Siri can also help you purchase tickets to the movie of your choice with help from the Fandango app. All you have to do is have Fandango installed and then ask Siri to find tickets.

If you aren't sure how, follow along...

First, you must install the Fandango app on your iPhone or iPad in order for Siri to help you buy movie tickets. It's available for free in the App Store.

  1. Press and hold the Home button on your iPhone or iPad to activate Siri.
  2. Ask her something like "Find showtimes for Zero Dark Thirty." She will then pull up a list of showtimes.
  3. Siri may find the movie playing at multiple theaters with different showtimes. Simply tap on the theater that you'd like to go to.
  4. From here tap on the showing time you'd like to go to.
  5. Now tap on Buy Tickets.
  6. The Fandango app will now launch and you'll be able to complete your purchase through there.
  7. That's it. Your tickets will be purchased and you can either print them out or pick them up at the theater.

Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/jslAFzLrDHQ/story01.htm

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Friday, February 1, 2013

Pandora now using Play Store to manage One monthly subscriptions

Pandora

Pandora users wishing to upgrade from a free to paid account via the Android app can now manage their subscription directly in Google Play. Following a link in the settings of the app now takes you to a Play Store in-app purchase page to start the subscription. A Pandora One account will still set you back the same $3.99 (plus tax, at least in my state,) but this way it will be tied to your Google account. The terms right on the Play Store payment page explain that the app will continue to charge you on a monthly basis via Google Wallet.

This is a really nice way to manage subscriptions for many people, as having things tied to your Google account is usually better than individual logins and payment processes for each service. The new functionality is included in the latest version of the Pandora app, available at the Play Store link above.

Source: http://feedproxy.google.com/~r/androidcentral/~3/RIPplXYIBRs/story01.htm

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China Averts $482 Billion in Local Bank Defaults via Massive Rollover Scheme; Extend-and-Pretend Chinese Style

The Chinese banking system is insolvent. Of course, the entire global banking system is insolvent, but today's spotlight is on China. Please consider China averts local government defaults.
Chinese banks have rolled over at least three-quarters of all loans to local governments that were due to mature by the end of 2012, an indication of the immense challenge facing China in working down its debt load.

Local governments borrowed heavily from banks to fuel China?s stimulus programme during the global financial crisis and are now struggling to generate the revenue to pay them back, a shortfall that could cast a shadow over Chinese economic growth.

Banks extended at least Rmb 3tn ($482bn) ? and perhaps more ? of the roughly Rmb 4tn in loans plus interest that local governments were to have paid them by the end of last year, according to Financial Times calculations based on official data.

Extend-and-Pretend Chinese Style

Since details on refinancing and interest rates are lacking, the reported $482 billion is undoubtedly on the low side.

The key point is that massive rollovers were needed to stave off defaults.

?That?s a correct observation and explanation,? said Stanley Li, a banking analyst with Mirae Asset Securities. ?Based on the payback period for the infrastructure projects [started by local governments], it will take more than 10 years to pay these loans back.?

Ten years? How about never? Many of these projects were never economically viable, especially the housing and land schemes.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Wednesday, December 12, 2012

Mark Carney, Incoming Governor of the Bank of England, Dives Straight Into Monetarist Loony Bin

Mark Carney, Bank of Canada governor and surprise pick to replace Mervyn King as incoming governor of the Bank of England, dove straight into the monetarist looney bin today with policy proposals.

The Telegraph reports Mark Carney hints at need for radical action to boost ailing economies

Mr Carney, the current Bank of Canada governor who takes over from Sir Mervyn King next June, said central bankers should consider committing to low interest rates until inflation and unemployment met ?precise numerical thresholds?, or even changing ?the policy framework itself? to stimulate a desperately weak economy.

His words were directed at the Bank of Canada but will be seen as a hint that he will push for radical action in the UK, where the economy has been stagnant for two years. On his appointment, he said that he would be going ?where the challenges are greatest?.

Addressing the Chartered Financial Analyst Society in Toronto, Mr Carney said that in major slumps: ?To achieve a better path for the economy over time, a central bank may need to commit credibly to maintaining highly accommodative policy even after the economy and, potentially, inflation picks up.

?To 'tie its hands?, a central bank could publicly announce precise numerical thresholds for inflation and unemployment that must be met before reducing stimulus.?

He added: ?If yet further stimulus were required, the policy framework itself would likely have to be changed. For example, adopting a nominal GDP level target could in many respects be more powerful than employing thresholds under flexible inflation targeting.?

The proposals would be anathema to Sir Mervyn, who has publicly refused to abandon the inflation target or commit to long-term low rates.

Economic Lunacy

Only arrogant fools think they can overpower markets without causing even more severe problems down the road.

If fiscal and monetary stimulus worked, Japan would be a glowing success today instead of having a debt to GDP ratio approaching 250%.

The US housing bubble is another case in point.

By holding interest rates too low, too long Fed chairman Alan Greenspan bailed out banks then deep in hock with nonperforming loans to South America and dotcom companies going bust. The end result was a housing bubble far bigger than the dotcom tech bubble that preceded it.

Indeed, Fed policy has spawned bubbles of ever increasing amplitude over time. The only beneficiaries of those bubbles have been the banks and the already wealthy.

Carney the "Talented" Speaker

Carney is a  talented speaker, able to speak out of both sides of his mouth at once, each saying opposite things.

In light of Carney's "radical action" statements, please consider Bank of Canada warns of low-rate risk.

The Bank of Canada says low-interest policies that it and other central banks have put in place are adding another layer of risk to the already stressed global financial system.

The Canadian central bank says that the near record level interest rates that have been in place since the 2008-09 recession are taking their toll on insurance companies and pension funds.

Low rates, it adds, are even increasing the appetite of investors to take risks in search of higher returns.

Bank governor Mark Carney has warned about the dangers of low interest rates ? which most Canadians consider a good thing ? sporadically in the past.

Also consider these December 11, snips from the Globe and Mail.
?Our current guidance indicates that some policy action may be necessary, encouraging a degree of prudence in household borrowing,? Mr. Carney said in his speech, echoing the warnings of the Bank of Canada?s last policy statements.

As it has said in the past, the biggest domestic threat to financial stability ?continues to stem from the elevated level of household indebtedness and stretched valuations in some segments of the housing market.?

Nothing like warning about debt and low interest rates, while pledging to keep interest rates low until artificial central planning targets are met.

Carney stated the central bank "would clearly say we are doing so" if it chose to act on consumer debt.

Yep, I don't doubt that. Indeed, I suggest that Carney would notify banks in advance of any major policy moves.

Goldman Sachs Background

Let's back up a bit and look at Carney's background as listed on Wikipedia.

Carney spent thirteen years with Goldman Sachs in its London, Tokyo, New York and Toronto offices. His progressively more senior positions included co-head of sovereign risk; executive director, emerging debt capital markets; and managing director, investment banking. He worked on South Africa's post-apartheid venture into international bond markets, and was involved in Goldman's work with the 1998 Russian financial crisis.

Goldman's role in the Russian crisis was criticized at the time because while the company was advising Russia it was simultaneously betting against the country's ability to repay its debt.

From a Goldman Sachs and JP Morgan standpoint, Carney is the perfect candidate to head the Bank of England. Who could possibly be better than a currency crank promising clear signals, with a background of advising Russia while betting against it?

As a practical matter, however, should Carney actually implement his "radical action" policies, I suggest the UK would quickly be in ruins.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Dodge is a space-shooter in which you have no weapons

dodge
Space-shooters are usually a fairly fiery affair, with many types of guns, weapon upgrades, power-ups and more. Dodge does away with all of that, while keeping the very essence of a space shooter: Dark background, fast action, and stuff blowing up all over the place.

Your vector-looking spacecraft is the fastest thing on the screen, most of the time. And as the header implies, you have absolutely no weapons; you can't get any, either. All you have is agility and maneuverability.

Your opponents shoot heat-seeking missiles at you; the missiles lock on and start tracking you. The trick is to dodge the missiles while putting them in the path of one of your enemies, thus letting them have a taste of their own medicine.

There are three types of enemies, at least in the first few levels: "simple" spaceships which fire slow projectiles, "tanks" which seem to be more serious and take more hits to destroy, and "circles." The circles simply explode, spewing twenty or thirty very fast projectiles. This sounds dangerous, but is actually great once you learn to use them; they are very destructive for tanks, and can even blow up other circles.

The soundtrack is very techno, but it meshes very well with this type of game. Intense fun!

Dodge is a space-shooter in which you have no weapons originally appeared on Download Squad on Tue, 01 Mar 2011 17:30:00 EST. Please see our terms for use of feeds.

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Source: http://downloadsquad.switched.com/2011/03/01/dodge-is-a-space-shooter-in-which-you-have-no-weapons/

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Tuesday, December 11, 2012

Remote-vision quadcopter soars over LeWeb

Google to Let Users Post Bio Notes on Name Search Pages

Google now gives users the option to post a link to a Google profile at the bottom of name-query search pages, meaning that anyone searching for a user online can view information that the user wants the world to see. This potentially allows Google to use its search engine to create more of a social networking presence online, similar to Facebook and Twitter....

Source: http://feeds.ziffdavisenterprise.com/~r/RSS/publishvideo/~3/LNJ15UhGLe8/

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Sunday, December 9, 2012

Ubuntu Linux and Windows 8: Head-to-Head at Last

Canonical may have ultimately changed its mind about "Avoid the pain of Windows 8" -- the slogan that accompanied the original launch of Ubuntu 12.10 "Quantal Quetzal" earlier this fall, but like so many deeply compelling notions, it seems to have staying power here in the Linux blogosphere. That indeed is why more than a few Linux fans have viewed Windows 8 with jubilation rather than dread.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/2654dac6/l/0L0Stechnewsworld0N0Crsstory0C767870Bhtml/story01.htm

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Obama Administration in Talks to Draft Cyber-Security Executive Order

The Obama administration has been reaching out to various interest groups for input on an executive order that would implement some of the provisions of cyber-security legislation that failed for a second time in the U.S. Senate.

Source: http://feeds.ziffdavisenterprise.com/~r/RSS/eweeklinux/~3/UIdCVz5mrFs/

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