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Remembering Lily Wheelwright.
Now, Neil Amdur has a bit of background in the New York Times and mentions a memorial service taking place today at the Meeting House of Plymouth Church of the Pilgrims in Brooklyn and a screening of Orphans on April 30 at 10 pm at the IFC Center. I thought that, if you're in New York, you might like to know. London to Sydney the Hard Way
No other rally attracted so many super-stars. Innes Ireland had been a Grand Prix driver for six years, Mike Taylor had also driven for Lotus, Giancarlo Baghetti had driven for Ferrari and was a works driver for Alfa Romeo. Andrew Hedges raced in long distance events like Le Mans and Sebring for BMC, Rosemary Smith had won the Tulip Rally. John Sprinzel was a former British Rally Champion. Well, friends, you needn't be a super-star to compete in the 2008 event. All you need is the car (authentic cars of the Sixties) and the cash. Imagine, for example, airlifting out of India in giant Russian Antonovs! Leaving London on October 12th, 2008, the overland event will have its most arduous miles crossing India and Australia. Meanwhile you may spot me on the streets of Sidney, BC, hat in hand, desperately raising funds to compete. That's former winner Andrew Cowan in the photo. I Will Pay Money To Make You Poorer
Participants in laboratory games are often willing to alter others' incomes at a cost to themselves, and this behaviour has the effect of promoting cooperation1-3. What motivates this action is unclear: punishment and reward aimed at promoting cooperation cannot be distinguished from attempts to produce equality4. To understand costly taking and costly giving, we create an experimental game that isolates egalitarian motives. The results show that subjects reduce and augment others' incomes, at a personal cost, even when there is no cooperative behaviour to be reinforced. Furthermore, the size and frequency of income alterations are strongly influenced by inequality. Emotions towards top earners become increasingly negative as inequality increases, and those who express these emotions spend more to reduce above-average earners' incomes and to increase below-average earners' incomes. The results suggest that egalitarian motives affect income-altering behaviours, and may therefore be an important factor underlying the evolution of strong reciprocity5 and, hence, cooperation in humans.FuturePundit has some excellent commentary on the issue. To put it another way: Think of societies as having inequality budgets. A society has a fixed amount of inequality to spend. In my view it is better to spend that inequality on policies that cause economies to generate the most wealth per person and the most new technology and science. Policies that generate a lot of inequality with little increase in productivity of wealth creators (e.g. immigration of people who have low skills and low earnings power) essentially waste inequality that would be better spent on incentive systems for those with the most potential to generate wealth.I think that technology will initially exacerbate this problem, as the lower end of knowledge work will eventually be automated. In the end, maybe some virtual reality will let us all live seemingly real lives as rock stars, celebrities, or whatever it is that we want to be. Our own private Lake Wobegones. Follow Your Folly
These ads with the tagline, "Follow Your Folly," represent a shift that's happening in our culture. It's a shift away from focusing on accomplishments to, instead, enjoying experiences. After watching the ads, I wanted to grab a beer, kick back and enjoy watching the clouds go by. Money Monday
Musicrypt Raised $10 Million Musicrypt sold $10 million in stock through Sprott Securities. Musicrypt's patented Digital Media Distribution System (DMDS) provides secure B2B media distribution. Musicrypt trades on the TSX Venture Exchange and in the U.S. in the OTCBB. INTENT MediaWorks Raised $3 Million INTENT MediaWorks, a digital music and media distributor over the web and P2P, secured $3 million in venture capital funding from the Eckford Group and previous Angel Investors, including Jack Alexander, former CEO of WorldTravel Partners, BTI. Pando Raised $7 million Pando Networks, a P2P developer, raised $7 million in financing led by Intel Capital and investors BRM Capital and Wheatley Partners, from whom it had previously raised $4 million. Unlimited, Except When It's Not
Verizon steps over the line with its advertising of the EVDO Wireless Data Service, which it advertises as Unlimited. Only it's not. And you don't find that until you read the user agreement, if you ever read it. Here is an except that shows prohibited uses such as P2P and the monthly 5 GB limit. "Examples of prohibited uses include, without limitation, the following: (i) continuous uploading, downloading or streaming of audio or video programming or games; (ii) server devices or host computer applications, including, but not limited to, Web camera posts or broadcasts, automatic data feeds, automated machine to machine connections or peer to peer (P2P) file sharing; or (iii) as a substitute or backup for private lines or dedicated data connections. .... "A person engaged in prohibited uses, continuously for one hour, could typically use 100 to 200 MBs, or, if engaged in prohibited uses for 10 hours a day, 7 days a week, could use more than 5 GBs in a month. .... "Anyone using more than 5 GB per line in a given month is presumed to be using the service in a manner prohibited above, and we reserve the right to immediately terminate the service of any such person without notice." Nasdaq in Talks to Acquire Philadelphia Stock Exchange
The negotiations between the two markets have gathered momentum in recent weeks as Nasdaq eyeing on its next step after a failed effort to acquire London Stock Exchange PLC. The recent takeover move for acquiring the country’s third-largest options exchange by contracts traded would provide the Nasdaq a sizable foothold in the options business, which is the Philadelphia exchange’s strongest point. Exchanges like Nasdaq are increasingly stepping up into the business, in which investors trade the right, but not the obligation, to buy or sell a security in the future. The takeover effort was well anticipated in the market as, Nasdaq chief executive Robert Greifeld had earlier pronounced plans September last year to launch an options business by 2007. At present there are six options exchanges operational in the U.S. In its earlier bid to expand business by acquiring LSE was thwarted out by LSE shareholders. The Philadelphia exchange trades more than 7,000 stocks, 2,400 equity options, 17 index options and multiple currency pairs, like the euro against the U.S. dollar. Experts have valued the exchange roughly between $250 million to $300 million and they have expressed that the amount is si9gnificantly small that the Nsdaq could comfortably absorb. Nasdaq is the second largest US stock market by the value of its listed companies. Read Can a car power your house?
Reported by Sarah Jane TribMercury News, this is GREAT news for the utility company. Prices for plug-in hybrids are expected to range from $3,000 to $5,000 more than conventional hybrids, which would mean cars such as the Toyota Prius would be in the high $20,000 price range, said Bill Van Amburg, senior vice president for the industry trade group CALSTART. Tribble reports: "The investor-owned utility, which appears to be the first in the United States to demonstrate a car that can power a home, says customers will be able to use plug-ins to cut greenhouse gas emissions as well as high home-energy bills." If you ask me, that's pretty darn awesome! You can read all about Pacific Gas & Electric's hybrid Toyota Prius that has several awesome new features that make the standard PrPDF). Scarlett Johansson: The First Choice of Men for Wedding!
Australian pop star Kylie Minogue tracked the Lost in Translation beauty at the second spot, and British actress Sienna Miller, who was ranked third, says the reports. Kirsty Gallacher, Scottish TV presenter and Angelina Jolie, Oscar winner, mum of four and an astonishing actress completed the top five, at the fourth and the fifth places respectively, in the survey conducted by Esquire magazine. Have a look at the order once again: 1. Scarlett Johansson 2. Kylie Minogue 3. Sienna Miller 4. Kirsty Gallacher 5. Angelina Jolie Via - zeenews Syndromes and a Century.
"David Lynch may have drawn sold-out screenings at the very beginning of Inland Empire's recent theatrical run, but Apichatpong's movie casts a more rewarding and successful spell with trademark gambits and surreal touches," writes Johnny Ray Huston. "Syndromes and a Century reinvents a genre that would seem beyond rescue, the romantic comedy..... When Apichatpong and his actors hit their improvisational stride, the results can be as funny as - and less forced than - 60s-pop Jean-Luc Godard at his most madcap..... When Apichatpong lets the story go underground and grow aimless, Syndromes starts to levitate." Older Blog Entries 1 |
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