Saturday, 23 October 2010

What are the implications of ARM for Intel?

Has Apple already made up its mind?

http://www.businessinsider.com/apple-thinks-intels-new-lightweight-processors-suck-2010-10

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Beautiful Paris

The Genuine Article and a Great Sketcher

View this blog:

http://drawingthemotmot.wordpress.com/

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

The Importance of Being an Independent Blogger and there is Pepsigate

I make it pretty obvious that I am an independent blogger. That means that I have my own standards to adhere to. My writing is full of flaws and my logic is not air tight, but I am independent unlike some I know of who are paid by corporations to present a view. The Pepsigate controversy arose because of the lack of independence in a science blog world:

http://www.guardian.co.uk/science/blog/2010/jul/07/scienceblogs-blogging-pepsi

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Pepsigate

What is that I wonder? ::

http://scienceblogs.com/clock/2010/07/the_pepsigate_linkfest.php

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Does Anyone Read My Blog?

Well yes! If you are reading my blog, then you are reading my blog. This is despite me not promoting it.

However, read how the major writers fare:

http://scienceblogs.com/clock/2010/07/scienceblogs_and_me_and_the_ch.php

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

State of Fear

What are the real risks from climate change and should we be worried? Some say we should be agnostic to the idea that there is a real problem. In my view, the idea that we should ignore the very real possibility of climate change, however gradual, is rather naive and misguided. I welcome the efforts by scientists to explore what could be the biggest issue of our children's future. I am not afraid that it might mean crazy ideas, but I think all the silly ideas need to be placed on the table and examined. That Al Gore had the inclination to explore these issues is wonderful whether he supported a Democratic or Republican political viewpoint is immaterial. Everyone should be concerned and a not a little afraid as our ancestors were.

http://www.whoi.edu/page.do?pid=12455

MIT and Global Warming:

http://mit.whoi.edu/

Woods Hole has it's own ideas:

http://www.whoi.edu/page.do?pid=7118

Read and learn:

http://www.forbes.com/feeds/globenewswire/2010/10/15/woods_hole_oceanographic_institution_launches_ocean_203890.html

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

The Problem for America of a Weak Dollar and Credit Creation

It should not come as a surprise that the management of an exchange rate, international finance and monetary policy is a multiple edged sword.

A major issue is the ease with which US firms relocate production to China and the low cost labour sources around the globe. This is not a bad thing for China, nor India, nor the Tiger economies of Asia. It's a bad thing for American employment. How do you figure moving the US exchange rate down somehow slows this process? To my mind, the weakening dollar reflects too many dollars doing bugger all but available to US companies to relocate their production outside the US. In fact, credit creation by George Bush accelerating the flow of jobs outside of America by making it easy for US companies to finance relocation. Dah!

The dollar's weakness is not really an advantage to America because it allows for inefficiencies in the American economy to grow. Cheapening American goods only allows US firms to be more inefficient.

The weaker US exchange rate does not slow down American imports which are due to relatively higher incomes in America. Americans have a knack for buying rubbish so a rise in the cost of this rubbish won't slow down the influx. What would slow down the inflow would be a change in the mix of goods to higher quality. This is not encouraged by weak monetary policy.

The idea that exchange rates going up or down affects trade is an old one, but the problem is that the arguments frequently neglect the mix in the value of trade, or put another way, higher incomes in America and saving would result in a trading up of the composition of imports by America. The fact that America imports more rubbish despite a weakening of its currency means that incomes in America are declining. Imports are remaining high even as the dollar value falls. The exchange rate does little to offset the trade imbalance which reshapes itself into a different mix of goods.

The perverse process of economics means that a stronger dollar might get US companies in America to produce the rubbish that it's customers seem to thrive on.

In none-rubbish products, however, a stronger dollar would force US firms to be more efficient. The problem is then that they avoid that process by migrating their production to China. So how does the exchange rate impact anything? Well, perhaps the US could consume quality rather than rubbish.

All in all, the problem is weakness in American domestic economic policy that encourages Americans to consume rubbish from China rather than quality from America. Figure that one out!

I think that maybe the solution is to force a slowdown in the American economy through more expensive money. This would make it more difficult to finance relocation in China based on credit funded in America. Perhaps, the problem is that it is too easy to relocate production to China while there is so much credit available in America to make it easy to relocate.

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

America Goes From Bad to Worse .. Now it is Blaming Others for a Bad Outcome when that is almost directly due to Policy at Home

Excessive credit creation is the problem and we all see it's effects in American moral decline. This is a decline into gutter fighting and hostility to moderation.

Yes! A dollar based international financial system is inadequate, but it was America that saw and forced the Euro rise in value from well under a dollar to well over a dollar where it now stands, possibly as much as 60 percent decline on occasion. The financial institutions gambled away our children's future. It was America and Britain living well beyond their means that sucked in resources and acquired resources in an aggressive bid for world economic power by their largest financial firms.

A country that can't get it's act together on credit creation for wasteful development of it's property sector should not go around pointing it's finger at everyone else and say they are to blame. No, America, the buck stops with you. Your system is to blame for the present US and world crisis and more credit creation is not the solution. The American dollar printing press is not the answer.

http://online.wsj.com/article/SB10001424052702303738504575567431511483738.html?mod=djemTEW_h

The answer is more discipline for the US dollar within a new international currency system based on a new IMF SDR mechanism in which credit creation for me sake of economic and political warfare and dominance is not rewarded. Yes, American, you have been fighting a war and there is a bill because you have not been victorious. That may be a shame, but it does not mean that you can acquire the assets of other countries with impunity just because your banks and financial institutions and derived monster companies gamble with those dollars your economy has created and cannot sustain. The dollar is weak because it is being used maliciously.

Under such a new international system all countries would be required to exercise discipline and the industrial countries would not be able to spend their way, gamble, their way further and further into debt the way Gordon Brown and the administration of George Bush did.

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Friday, 22 October 2010

Why Reforms in America are Very Expensive and Slow

Ever wonder who opposes legislation for business reforms in America? Those in established positions have the money to oppose legislation that would get the ducks in line for effective competition. It's not surprising that occasionally the US seems so far behind the ball on matters of vital concern to the rest of the world. Rich minorities rule through financing opposition campaigns.

From The New York Times:

Top Companies Aid Chamber of Commerce in Policy Fights

The U.S. Chamber of Commerce, a leading force against President Obama, has seen sizable donations from top corporations including Dow Chemical and Goldman Sachs.

http://nyti.ms/cPdmpp


Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

The Nature of Memory - She is Changing

Gone soon will be the days of the hard drive!

http://www.eetimes.com/discussion/other/4209909/Apple-changing-the-game-with-memory?cid=NL_CommsDesign

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Thursday, 21 October 2010

What Do People Say About the iPad?

They rave about it!

http://www.businessinsider.com/ipad-100-day-review-2010-8

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Partial Costing of Help to Banks Omits Many Costs

I would like to see a full costing and who benefits from this massive infusion of money:

http://www.washingtonpost.com/wp-dyn/content/article/2010/10/21/AR2010102101941.html?wpisrc=nl_natlalert

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

I met a man on Portabello Road who was concerned about cruelty to animals in large farms

He referred to American farming methods that were arriving in Britain on the wave of credit creation designed to promote jobs in America.

Does Obama's money mean monster farms in Britain one might ask? Is a farm of 8,000 plus cattle financed in US dollar credit seem right to you?

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Micosoft's Catch up Operating System for Smart Phones Doesn't Appear to Catch Up

In typical Microsoft fashion, it's operating system for smart phones appears to have major deficiencies that don't quite get you there, but require an update later on. Some of these deficiencies are major, at least for me.

The weaknesses in the Microsoft strategy to meet the challenges of the new age in computing reflect the problems of any overgrown organization languishing in the world of it's past successes, which incidentally we have all suffered through.

http://online.wsj.com/video/mossberg-microsoft-phone-7-omits-key-features/76893D75-246C-4B56-9D02-D301A946A8A9.html?mod=WSJ_Article_Videocarousel_2


Washington Post


Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Is the Banking Systems Penchant for Credit Creation Responsible for an Excessive Decline in Competition?

Normally, the question is put that credit creation promotes competition. Because it allows new entrants to have access to credit and so finance innovation.

Put another way, however, that banking systems allowing hedge funds to determine which innovators succeed may not be the best way to promote effective competition.

As regards the economics, one of the major weaknesses in Keynes General Theory was that it failed miserably on the question of innovation. Schumpeter's theory of innovation and business cycles equally failed miserably on the question of credit and banking within a managed economy that has an effective central bank.

Today, economics as a field and central banking as a subset of this field has failed miserably to understand the complex processes of growth, innovation, competition and inflation.

It is no good governments or central banks throwing more credit into a system or doing what is called financial easing. This process of reflation does not help create jobs, nor improve the chances of innovation, nor reduce the risks of inflation. What it does do is take the politicians off the hook. It seems like a solution, but it is a pipe dream of weakly understood economics. We are thrown into a destructive world of economics that the political do not really understand and follow accounting conventions rather than the economics of business cycles under the unsound influence of central bank credit creation weakly understood.

The economic policies during the past decade of Gordon Brown, the Bank of England, and the Federal Reserve Bank were seen in hindsight to have been massively destructive. Rather than money going into job creation money went into the most destructive aspects of capital financing, over-investment in the business of speculation in property and stocks, highly suspect hedge operations that reduced effective competition and forced the closure and relocation of real economic activity much sooner than it would have occurred.

The reality is that credit creation and lax competitive policy spawned by poor understanding of risk financing can accelerate all the negative aspects of an economy at the expense of jobs and security. We see it with the ownership and fortunes of Manchester United football club and Harrods. Do we have to watch the economy micro-self destruct over and over again?

http://online.wsj.com/article/SB10001424052702304023804575565712776857050.html?mod=djemalertDEALS

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

The World has Changed - The Challenges of Population Growth and Risk Taking

We know that world population has grown so fast during the last half century that we now are experiencing the stresses of relatively high population density.

The world in effect has become much busier and we have become busier. People are more actively engaged as a whole whether peacefully or not.

In addition, we are communicating more and more through travel and for want of a better words, what I would call interpersonal presentations: talking, writing, painting, fighting, and a multitude of interpersonal behaviors, such as smiling, chatting, laughing, stroking, dancing, bumping, viewing, touching and so on.

The number of medias for communication has grown rapidly as has our incentive to communicate.

To enable us to be busier, our per capital incomes have also grown, nevertheless, there are enormous gaps between what the fortunate are enjoying compared with the unfortunate.
Our business is directly related to the access that we have to incomes and credit directly and indirectly. The influence of banks has grown in our lives both directly and indirectly.

The world because it is busier has a more direct dependency on banking as an institution. Thus, it is ultra important that we make sure our banking institutions are sound and our deposits with banks are both secure and valued.

The key word here is valued.

One of the big problems the world faces is the undervaluation of deposits. This happens when the amount of credit has grown too rapidly relative to our joint busy ness or business. When credit grows too rapidly business rather than growing slows down. The reason is because too much credit leads to lower valuation of savings, and lower valuation of savings leads to unproductive and wasteful investment or to ballooning of the valuation of goods relative to money.

This running away from the appropriate valuation of money is our major problem. It happens because credit growth in the past has been too rapid and as a result money has lost it's value and people buy stuff instead of money, and the stuff they buy is not real stuff but imaginary stuff, dreams that cannot be fulfilled.

Gambling is a direct result of the loss of value of money. When people decide to gamble they are taking a risk based on an imaginary payoff and winning more money. The money they already have is devalued to the point that the imaginary wealth arising from the dream of winning is more important than the building of sound deposits in a bank.

What has happened is the lower valuation of saving relative to gambling. It's not that risk taking per se is something we should not do, but risk taking is destructive if it is not based on an appropriate valuation of the odds. The problem is compounded when the mathematics of risk taking bear no relation to the taking of the risk and the risk taking is just a bad habit.

Habitual risk taking is not healthy and is destructive in a world where people are already struggling to make ends meet.

http://www.ted.com/talks/hans_rosling_on_global_population_growth.html

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

Wednesday, 20 October 2010

Positano View

Went on a walk and shot this image!

High Capacity High Speed Memory and the Canon PowerShot SX30 Technologies

The new specification has Blu Ray level memory ...

Here are some pointers to the memory....:

http://www.picstop.co.uk/memory-cards/sdxc-memory-card

http://www.google.co.uk/products/catalog?q=sdxc+memory+cards&oe=UTF-8&hl=en&client=safari&um=1&ie=UTF-8&cid=17834080263451927671&ei=PJ--TK-cKNqI4gaEnYDBAQ&sa=X&oi=product_catalog_result&ct=result&resnum=5&ved=0CDIQ8wIwBA#ps-sellers

Here are some pointers to the new Canon Camera....:

http://www.canon.co.uk/Images/PowerShot_SX30_IS_Press_Release-v1_0_tcm14-779253.pdf

http://www.canon.co.uk/About_Us/Press_Centre/Press_Releases/Consumer_News/Cameras_Accessories/PowerShot_SX30_IS_lifestyle.aspx

http://www.canon.co.uk/Images/PowerShot_SX30_IS_Specification_Sheet-v1_0_tcm14-779254.pdf

http://www.canon.co.uk/Images/PowerShot_SX30_IS_Technologies_Explained-v1_0_tcm14-779255.pdf

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

New Memory Cards SDXC up to 2 Terrabyte for new Canon Camera SX30 IS

Thinking of low priced memory cards for your new digital camera that supports the SDXC standard such as the new Canon SX30:

Camera ....

http://www.canon.co.uk/Images/PowerShot_SX30_IS_Technologies_Explained-v1_0_tcm14-779255.pdf

Memory cards ....

http://www.lowpricememory.co.uk/sdxc-memory-cards-c-48

Will ye no think kindly on those who would be your friends! May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.

YOU HAVE REACHED WOOH'S STREAM
The Internet User's Best Kept Secret

Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!