.. saw evidence of a boom everywhere we looked.
But all the trucks were carrying construction materials, not goods.
At the workshop-level factory we visited, one of my fellow travelers, who spoke Chinese, learned that the owners were trying to sell it because they could get more from the land than they could from making farm equipment.
via What Happens If China Becomes Japan? – Bloomberg View.
.. if you are a small nation of bit more than 5 million people, about to take a very large risk by heading out alone with uncertain currency, fiscal, resource and debt positions, EU membership offers continuity, reassurance and security.
Scots who plan to vote for independence would naturally rethink the benefits of the EU and want to stay in it.
via Braveheart Favors the EU – Bloomberg View.
“We will agree to return to serve in the unit if we know that the purpose for which we are there is self-defense, and not to perpetuate the military regime.”
via Israel's High-Tech Soldiers Go AWOL – Bloomberg View.
Me and my deputy, cousin Roy, are pleased to report complete success in uncrating the A-498-Class Mayhem Jr. automatic self-propelled semi-mobile peace-delivery system that was recently delivered by an Air Force cargo plane to this bureau.
A hearty thanks to the “Gifts for the Good Guys” Law-Enforcement Self-Defense Program.
via Pentagon’s Cop Aid Hits Snags.
The push for a new law was fueled by cases of small businesses and tech innovators being drained of their limited budgets by “patent trolls” – entities using patents not to build or improve inventions, but to threaten people with infringement lawsuits to extort settlements as an alternative to expensive litigation.
Patent trolls sometimes use poorly defined or expired patents on consumer technology to extort out-of-court settlements from small businesses.
via How the Tech Lobby Got Beat – US News.
“Most people don’t even know there’s a midterm election – it’s not in their universe of things to look forward to.”
“And so much is at stake. So much is at stake in the election and I would hope, if I could put one word on the ballot, it would be bipartisanship.”
via Pelosi: 'We never treated President Bush the way they treat President Obama' – Washington Times.
According to some experts, the electoral system has developed a number of safeguards over the past few decades to prevent someone with independence and backbone from occupying the Presidency.
via Integrity Disqualifies Sanders for White House – The New Yorker.
Kerry said that the government’s successful identification of a moderate Syrian rebel was a major victory that should silence critics of the U.S.’s strategy in Iraq and Syria.
via Kerry Claims U.S. Has Found a Moderate Syrian Rebel – The New Yorker.
The story of RadioShack begins with failure. The company, founded in 1921, sold radio parts and surplus supplies by outlet and catalog.
But it was almost bankrupt when it was purchased in 1963 by Tandy Corporation, a leather retailer.
via A History of Misses for RadioShack – NYTimes.com.
Established companies enjoy a host of advantages, ranging from name recognition to established revenue streams.
Prioritization can be the difference between an unknown startup languishing in obscurity and a better product ousting an incumbent — banning prioritization in the name of protecting startup innovation is simply disingenuous.
via Net neutrality's hollow promise to startups – Computerworld.
.. when Mr. Braverman resumed trading in 2012, he sought to conceal his activities by using a brokerage account held in the name of a relative living in Russia.
But the plan did not work and law enforcement was able to trace the trading back to Mr. Braverman.
via Employee of Law Firm Wilson Sonsini Charged With Insider Trading – NYTimes.com.
“The VIE (variable interest entity) structure is the only way at present to play this game.”
“So if you want to invest in restricted sectors of China’s economy, you have to get comfortable with the VIE structure.”
via Alibaba Group IPO comes with unusual structure.
The history of the crash goes something like this. Lenders made (or misled people into) mortgages that couldn’t be paid back.
Then, with the magic of math, banks claimed that bundles of these crappy loans were actually as good as gold—or Treasury bonds—since, the story went, they wouldn’t all go bad at once.
That was enough for the credit rating agencies to put their top-rated, AAA stamp of approval on this financial alchemy. Which was enough for investors to gobble up all this toxic waste.
via Uh-oh, the credit rating agencies are up to their old tricks again – The Washington Post.
Alstom will be responsible for project management, design and supply of 22 Metropolis trainsets and Urbalis 400 communications-based train control.
The trains will be six-car formations, although the platforms will be long enough for eight-car trainsets.
via Alstom to supply automated trains to Sydney – Railway Gazette.
War concentrates great powers in the presidency and wrenches the Constitution’s separation of powers and checks and balances.
It crowns the president with secrecy, contracts, appointments, vast powers of surveillance and detention, and the authority to kill.
Congress and the Supreme Court are marginalized like extras in a cinematic extravaganza …
via FEIN: Why the Constitution disfavors war – Washington Times.
“The crisis in Ukraine is having side effects on Russia and on neighboring countries, particularly those that belong to the German value chain and whose trade, energy and financial links are being affected in varying degrees”
via Russia sanctions risk return to recession for Europe's shaky economy – Washington Times.