Weekly Mind Food aims to show you what TTPers without a regular
column, but with deep expertise in key fields, are paying attention to.
We call ourselves TTP's Team B. Note the "Weekly Mind Food" category in the left side-bar now, which will have all our issues. They're Free Access, as are all the linked articles, so feel free to read them at your leisure - and mail the article's URL to your friends!
Paul (internet tech, privacy, economics). Citizen K (hydrocarbon
industry), and "devry" (security, economics, Personal Plan B) are
aboard. We also congratulate TTPers bobbear, hardcharger, kramer, and
mrapp, for freelance link suggestions that met the test - and
calgarydave, who deserves credit from last week.
This week's issue has a pair of themes. One is of resilience,
courage, and hope in troubled times. The other motif this week is
China. So, here's your "Hope and Changs" for the week...
To simplify your scans, I've divided the links into sections: Polis
(domestic politics), Techne Logos (tech),
Economos (global economy), Stratiootika
(geopolitics & military), plus 1 Good News
item to brighten your week and/or make you better. Enjoy!
Over The Hump: Good News This Week
Doc
Talk: The Greatest Superhero Movie of the Summer Is a Documentary
(Movies.com, July 25/12). Ai Weiwei is
China's most famous international artist, and its most outspoken
domestic critic. Ai
WeiWei: Never Sorry is inspirational, and instructive for us
all in these times.
Polis
- jkatzman: Yes,
Ted Cruz for Texas (National Review, July
30/12).
His subsequent win
is one small step for a man, one giant step for constitutional
conservatism. citizenk says that Dewhurst's
crony energy record alone should have done him in, and hopes
Cruz will be better.
- citizenk: The
Story Is That Obama's New Orleans Trip Yesterday Was A Fizzle
(The Hayride, July 26/12).
JK: Off Citizen K's normal topic here, but it's an excellent snapshot
of the political fundraising game, and what actually happens.
- jkatzman: Four
Little Words: Why the Obama campaign is suddenly so worried. (WSJ,
July 26/12)
"You didn't build that" - the very words and argument that his cronies
and the liberal media wanted him to use. Perfect. Keep hammering.
- jkatzman: Romney
must win over Asian voters (Washington
Examiner, July 28/12).
It's a very winnable demographic, as some Republicans are
demonstrating. And how do you think all those Chinese and Indian
business owners will take "you didn't build that"?
Techne Logos
- prosenberg: Facebook
Scanning Chats (Mashable, July 12/12).
Big Brother is inside of Facebook, monitoring all the perps... umm...
users. Yeah, it's that bad, and almost certainly worse - it's not like
Facebook wants people to know about these things.
- devry: Microsoft
in hot water over Skype spying allegations (Global
Post, July 24/12).
The moment Microsoft bought Skype, they announced
a backdoor. Skype's "security by obscurity" crypto has been cracked
for some time - takes about 6 minutes to start logging.
Skype's a
joke - always has been.
- kramer: This
Cute Chat Site Could Save Your Life and Help Overthrow Your Government
(WIRED Threat Level, July 27/12).
Cryptocat is browser-based encrypted chat, developed by a Canadian from
Lebanon. Beta software, but way safer than Skype, and much easier than
ZRTP. I tried a dry run... fairly unstable but they should have the
second version out by late this year.
- devry: How To
Get Anything Through TSA Nude Body Scanners (YouTube,
March 6/12).
The TSA's a joke and a sad statement regarding the decision of
Americans to trade their freedom for the illusion of security. As
Franklin said, Americans will deserve neither...
- mrapp: Printing
Weapons at Home for Fun and Mayhem (John
Robb's Global Guerillas, July 26/12).
"Additive
manufacturing" is a growing trend, and under
consideration for F-35 fighter parts. But I wonder what our
controllers will think when they find out about "printable" guns?
JK: Our controllers? Imagine China's. Printable weapons is the
equivalent of computers to the Soviet Union - the future China doesn't
dare touch, but can't possibly ignore. If additive manufacturing can
easily make guns, they have to control it extremely
tightly. That will crimp access, training, experimentation, and
innovation. If we don't make the same mistake, its spread and
innovations could take very big chunks out of "Made in China". Pick
your poison, comrades.
Economos
Michael
Krieger interview, (Future Money Trends,
Freedom Fest 2012) "...the main message I try
to convey is that "awake" people must not live in fear. The system owns
you emotionally when you live in fear.... life is short. You can and
must enjoy life while fighting these criminals, otherwise they win.
Give yourself to love, compassion and truth."
- devry: Fed
Eyes Limiting Money-Market Fund Withdrawls (NASDAQ,
July 19/12).
As the US is forced to hold down government bond rates via Federal
Reserve programs like Operation Twist and (coming soon) QE3, savers
face another challenge: the money market accounts tied to your checking
and savings accounts run the risk of bankruptcy as they can't provide
returns above expenses. In another attack on savers, the Fed is now
discussing limitations on money market withdrawals to prevent a run on
money market accounts. Soon, limitations on how much of your money you
can access will be the norm in the US.
- bobbear: Cuba
to end Soviet-style economy and will implement market friendly policies
(Mercopress, July 27/12).
"We win, you lose" - Ronald Reagan. JK: Progress, but it's more of a
shift from communism to state capitalist fascism, like China.
- hardcharger: HSBC
takes $2 billion hit for U.S., UK scandals (Reuters,
July 30/12).
I said last week to watch for this one. Interesting, too, how people in
the hierarchy of financial institutions in trouble seem to meet
"untimely" deaths.
- prosenberg: HSBC
linked to drug lords and terrorists, Senate report alleges (LA
Times, July 17/12).
This is not the first time, you understand. Wachovia
laundered $378 Billion for the Mexican narcos. Behind the
headlines (written by compliant editors), drug profits are a major
force in securities markets and political campaigns world-wide.
- citizenk: China's
proposed $15 billion Nexen oil acquisition in Canada... Any
news article is likely at least partially erroneous, all that I've seen
so far are that way. IBD is so unreliable on facts. Nexen is mostly
invested in fields as a partner with others in Gulf of Mexico, Yemen,
Columbia, Nigeria, North Sea and Canada. Nexen's "Tar Sands" holdings
are around Long Lake and are produced by steam flooding and pumping
rather than strip mining. It holds a percentage.
- jkatzman: 5
Signs of the Chinese Economic Apocalypse: From hog ratios to
growing coal stockpiles, the Chinese economy is blinking red (Foreign
Policy, July 2/12).
- hardcharger: China
prepares vast stimulus as slump threatens Asia (The
Telegraph, July 30/12).
Stratiootika
This week's focus is on China's underpinnings. We'll have more
links next week focused on its military, cyber-warfare, and how it's
affecting its key neighbors.
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