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Sniff. Those children of ours get so old so quickly… Today is the tenth birthday of Apple’s Safari web browser, so have a little cake or maybe propose a toast to the default Mac and iOS browser.
The first version of Safari was released as a public beta exactly ten years ago today. The app was designed by Apple to replace Microsoft Internet Explorer, which was the default Mac browser up to OS X 10.2.
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In an important new study, Olivier Blanchard, the Chief Economist at the International Monetary Fund (IMF), has just admitted that having respected and accepted the advice of conservative economists has turned out to be a blunder.
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A police officer is recovering after being stabbed with a screwdriver while trying to break up an assault in northeast Iowa.
The suspect was quickly nailed, and the judge will undoubtedly drop the hammer on him, though it’s unclear if anyone saw what happened
pun time! you know the drill…
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IF you were hoping that things might be different in 2013 — you know, that bankers would be held responsible for bad behavior or that the government might actually assist troubled homeowners — you can forget it. A settlement reportedly in the works with big banks will soon end a review into foreclosure abuses, and it means more of the same: no accountability for financial institutions and little help for borrowers.
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The conservative media movement exists primarily as a moneymaking venture. As Rick Perlstein explained in the Baffler, some of the largest conservative media organs are essentially massive email lists of suckers rented to snake oil salesmen. The con isn’t limited to a couple of newsletters and websites: The most prominent conservative organizations in the nation are primarily dedicated to separating conservatives from their money.FreedomWorks, which is funded primarily by very rich people, solicits donations from non-rich conservative people. More than 80,000 people donated money to FreedomWorks in 2012, and it seems likely that only a small minority of those people were hedge fund millionaires. And what are people who donate to this grass-roots conservative organization funded mostly by a few very rich people getting for their hard-earned money? In addition to paying Dick Armey $400,000 a year for 20 years to stay away, FreedomWorks also apparently spent more than a million dollars paying Glenn Beck and Rush Limbaugh to say nice things about FreedomWorks, in order to convince listeners to send FreedomWorks money that FreedomWorks would then give to Limbaugh and Beck. It’s a pretty simple con. Beck, meanwhile, also has a subscriber-based media operation, in which people pay his company money for access to programs where Beck expresses opinions that he was paid to hold. He also spent years telling everyone to buy gold from a company that pays him and defrauds consumers.
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The craziest story of this last week? It’s an easy call—John McAfee’s self-told tale of becoming a spymaster in Belize, passing out malware-laden laptops to officials and overseeing a ring of 29 “operatives” who distributed and monitored the computers.
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Pardon me if I disagree by offering a correction: It’s more like the conservatives were wanking the economy by doing the opposite of Keynesianistic guidances.. at great cost to the public but at great benefit to insiders. The headline attributes the behaviour to “miscalculating” multipliers associated with fiscal policy spending.
In reality the multipliers are observed empirical numbers which were ignored and new numbers were postulated… to justify the contrarian policies. It’s been done in Canada as well, which probably has the highest number of economists per capita. Bottom line is that the economists advise.. the politicians choose what they think is appropriate.. like incorrectly using austerity budgets to fight a recession or increasing government spending during booms. The IMF statement is just awkwardly presented.