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Hanna and Gustav to Get Together Over Florida? Interesting graphic out from NOAA suggesting that, according to some models, soon-to-be Hurricane Gustav and Tropical Storm Hanna will join forces, sort of, over Florida in the coming days. What's next for Florida? A plague of locusts? Other? [via Stormwatch] InfectiousGreed Friday, August 29, 2008 Friday Flashback: The Virtuous Cycles of the Gift Economy From two years ago:
Our
society puts a value on human activities only when they can be
monetized – when a transaction involving an exchange of money occurs.
We tend to equate our time with money: If the ‘market value’ of an hour
of our time exceeds the cost of hiring someone else to mow our lawn or
make a present for a loved one or look after our children or our home,
we conclude that it makes sense to buy those services and to work
longer hours to pay for them.This false economy leads us to buy
what we don’t need, which requires us to work harder to pay for those
unnecessary goods and services, leaving us even less time to look after
ourselves and our own needs and forcing us, in a vicious cycle (cycle 1
in red on the chart above) of consumption and debt, to ‘outsource’ even more of the things we
might be doing for ourselves. All this phony economic activity is added
to the GDP and employment data. Do-it-yourself and other ‘unpaid’ work, How to Save the World Friday, August 29, 2008 This week’s jobs have a fire, wood, and heater theme, indicating fall is in the air. There’s also a massive job fair for people with security clearances, a foolproof indicator of upcoming elections…
1. Indiana: Presto Heater/Costco Merchandiser
Seasonal Part-Time Job. Check “Presto Heater Display” twice daily in local Costco store. Light merchandising of display required. [...] Businesspundit.com Friday, August 29, 2008 The Friday Photo Follies: London at Night I'm checking out shortly, so a link to some wonderful photos to put you in a contemplative frame of mind for the weekend. The Boston Globe has up a series today taken over London's financial district at night, and they are bleakly ethereal, like the movie Blade Runner relit by the people who did the closing ceremonies of the Beijing Olympics. More here. InfectiousGreed Friday, August 29, 2008 Warm Waters in Gulf of Mexico. Cat-in-a-Box Coverage, etc. We keep hearing about warm waters in the Gulf of Mexico fueling the rise of Cat 3 hurricane strength from tropical storm Gustav, but just what does that mean? Well, studies generally suggest hurricanes require water temperatures over 26 C to grow in strength, and one major recent study found that every 0.5 degree C higher water temperature is associated with a 40% increase in hurricane activity and frequency. So, with the preceding in mind, consider this figure from earlier today in the region showing current water surface temperatures in the Gulf. In essence, once you cross between Cuba and the Yucatan, you're in 30 C water temps - and higher - all the way to the Gulf coast. Compare this image to the Gulf surface water temperatures three years ago at this time during Hurricane Katrina. You can see that central Gulf water temperatures are warmer now, but the temperatures closer to the Gulf coast are marginally cooler. You can see that the Gulf waters were generally warmer th InfectiousGreed Friday, August 29, 2008 Wave of Option Repricing Coming? Employee stock options at 1 in 10 fortune 500 companies are essentially worthless, and stock options are currently underwater at 40% such companies. That is up from a little over 30% being underwater at the end of Q1, according to a new study. Some more specifics: Five of the ten most underwater companies are in financial services Freddie Mac has the most deeply underwater options, with 90% below its weighted average share price of August 15th. Fannie Mae and WaMu aren't far behind. VMware is already trying to get shareholder approval to reprice employee options. Is a wave of option repricing looming? You have to imagine it's up there as an issue, but a weak employment market is likely taking some of the pressure off job-hopping option-seekers. [via FinancialWeek] InfectiousGreed Friday, August 29, 2008 Much to the chagrin of their many boosters, prediction markets missed the boat on the Obama candidacy -- they had Clinton for too long -- and they totally whiffed on John McCain's Sarah Palin pick. InfectiousGreed Friday, August 29, 2008 I have a bet with Arik Hesseldahl over at BusinessWeek on the current Apple quarter. Check it here, and feel free to tell me, post-Dell, I'm wrong in my bearishness. InfectiousGreed Friday, August 29, 2008 Wikipedia Had the Sarah Palin Veep Pick First? Apparently Wikipedia had John McCain's Sarah Palin pick for VP first. Check the following edits from late last night (that were then deleted, and reinstated): IP address for the edit source was 68.106.201.11, which is Cox.net account, but I can't geolocate any more tightly than that. Anyone else more adept at that sort of thing than me, feel free to chime in. InfectiousGreed Friday, August 29, 2008 Byron Bay, AustraliaCaves Branch, BelizeThe 500sf home above was built using local, healthy, natural materials into a woodland hill in Wales,
is sustainable and energy-efficient, and cost about 1500 hours plus
£3000 ($6000). They are now planning to build a whole community of such buildings.On
Saturday I'm off to my second meeting with an impromptu Natural
(Intentional) Community forming group. The guy who brilliantly
researched the 18 very diverse people he invited to the first meeting
has moved aside and is letting the group self-organize, which is an
inspired move. Those who have self-selected out of the group won't show
up again, and each of us has been invited to bring some additional
candidates for membership Saturday. So there will be a whole new
playing field.It's a strange experience, accepting an
invitation to meet a bunch of strangers in a huge house in the forest.
I felt like I was in one of those mystery movies, looking for clues for
why we were all there!The greatest How to Save the World Friday, August 29, 2008
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Aggregated News:
Top news - Business - Entertainment - Health - Industry - Internet - IT - Politics - Science - Sports - Technology - USA - Video games - World news
Feedzilla's articles:
Mattresses
© 2008 Butterfly Effect SA