Wednesday, March 25, 2009

Soak the rich, kill the lawyers

Soak the rich? Ex post facto? There's pending legislation in the House which would specifically penalize AIG executives by taxing their recent bonuses at 90+%. I think that's disgusting and unconstitutional, and as the attached letter demonstrates, "rich" people will respond in their own way. You might want to think about the consequences of such legislation, Mrs. Pelosi.
 
-Max
 
======================================
 
The following is a letter sent on Tuesday by Jake DeSantis, an executive vice president of the American International Group's financial products unit, to Edward M. Liddy, the chief executive of A.I.G.

DEAR Mr. Liddy,

It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products. I hope you take the time to read this entire letter. Before describing the details of my decision, I want to offer some context:

I am proud of everything I have done for the commodity and equity divisions of A.I.G.-F.P. I was in no way involved in — or responsible for — the credit default swap transactions that have hamstrung A.I.G. Nor were more than a handful of the 400 current employees of A.I.G.-F.P. Most of those responsible have left the company and have conspicuously escaped the public outrage.

After 12 months of hard work dismantling the company — during which A.I.G. reassured us many times we would be rewarded in March 2009 — we in the financial products unit have been betrayed by A.I.G. and are being unfairly persecuted by elected officials. In response to this, I will now leave the company and donate my entire post-tax retention payment to those suffering from the global economic downturn. My intent is to keep none of the money myself.

I take this action after 11 years of dedicated, honorable service to A.I.G. I can no longer effectively perform my duties in this dysfunctional environment, nor am I being paid to do so. Like you, I was asked to work for an annual salary of $1, and I agreed out of a sense of duty to the company and to the public officials who have come to its aid. Having now been let down by both, I can no longer justify spending 10, 12, 14 hours a day away from my family for the benefit of those who have let me down.
 
[snip]

Many of the employees have, in the past six months, turned down job offers from more stable employers, based on A.I.G.'s assurances that the contracts would be honored. They are now angry about having been misled by A.I.G.'s promises and are not inclined to return the money as a favor to you.

The only real motivation that anyone at A.I.G.-F.P. now has is fear. Mr. Cuomo has threatened to "name and shame," and his counterpart in Connecticut, Richard Blumenthal, has made similar threats — even though attorneys general are supposed to stand for due process, to conduct trials in courts and not the press.

So what am I to do? There's no easy answer. I know that because of hard work I have benefited more than most during the economic boom and have saved enough that my family is unlikely to suffer devastating losses during the current bust. Some might argue that members of my profession have been overpaid, and I wouldn't disagree.

That is why I have decided to donate 100 percent of the effective after-tax proceeds of my retention payment directly to organizations that are helping people who are suffering from the global downturn. This is not a tax-deduction gimmick; I simply believe that I at least deserve to dictate how my earnings are spent, and do not want to see them disappear back into the obscurity of A.I.G.'s or the federal government's budget. Our earnings have caused such a distraction for so many from the more pressing issues our country faces, and I would like to see my share of it benefit those truly in need.

On March 16 I received a payment from A.I.G. amounting to $742,006.40, after taxes. In light of the uncertainty over the ultimate taxation and legal status of this payment, the actual amount I donate may be less — in fact, it may end up being far less if the recent House bill raising the tax on the retention payments to 90 percent stands. Once all the money is donated, you will immediately receive a list of all recipients.

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."

Tuesday, March 17, 2009

Why profanity is a terrible habit

It diminishes agency. Quoting:
 
http://www.msnbc.msn.com/id/29681795/page/2/
 
Jay, the swearing expert, says that while there's no evidence supporting the notion that certain sounds are universally satisfying, short sharp words are officially known as expletives and are used in a stimulus-response kind of way.

"A lot of people don't have control over those," he says. "And you don't even have to use swear words. Mormons use euphemisms like 'Cripe!' and 'Darn!' and 'Shoot!' But the emotion is still there."
[emphasis added]

I guess that's not the only reason I hate it, but it's one reason.
 
-Max

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."

The next Google?

For those who are more scientifically inclined, Stephen showed me many interesting examples -- for example, Wolfram Alpha was able to solve novel numeric sequencing problems, calculus problems, and could answer questions about the human genome too. It was also able to compute answers to questions about many other kinds of topics (cooking, people, economics, etc.). Some commenters on this article have mentioned that in some cases Google appears to be able to answer questions, or at least the answers appear at the top of Google's results. So what is the Big Deal? The Big Deal is that Wolfram Alpha doesn't merely look up the answers like Google does, it computes them using at least some level of domain understanding and reasoning, plus vast amounts of data about the topic being asked about.
 
-Max

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."

Charles Murray

 
-Max

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."

Monday, March 16, 2009

Why the DOS path character is \

http://blogs.msdn.com/larryosterman/archive/2005/06/24/432386.aspx

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."

Stem cells

"Previous methods to create embryonic-like stem cells have used a virus to help transform adult cells into pluripotent stem cells -- cells that can develop into most other cell types. But those methods carried the risk of damaging the cell's DNA. With damaged DNA, the cells often became cancerous or led to abnormalities...

"Dr Kaji had found a non-viral method to deliver four genes in a single fragment into a cell genome. However, he couldn't figure out how to remove all trace of reprogramming from the genome. Dr Nagy's group, meanwhile, had developed a system that allowed the removal of inserted genes without leaving a "footprint," but couldn't figure out how to deliver four genes into the same part of the genome. The teams' breakthrough came when they combined their methods."

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20090227/stem_cells_090228/20090301?hub=TopStories

-Max

--
"The presentation or 'gift' of the Holy Ghost simply confers upon a man the right to receive at any time, when he is worthy of it and desires it, the power and light of truth of the Holy Ghost, although he may often be left to his own spirit and judgment." --Joseph F. Smith (manual, p. 69)

"Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me."