“The whole premise of a Citibank or a Chase or a Bank of America is wrongheaded,” says Susan Webber, an analyst who writes one of the most popular and respected financial blogs under the pseudonym Yves Smith. “Studies consistently show that after a certain size threshold, bank efficiency taps out. In fact, it turns out that all those cost savings the banks were supposed to enjoy from being bigger were actually based on cutting corners and fraud.”
—Bank of America: Too Crooked to Fail - Politics News
March 2012
“Computers are an extension of people’s minds, not devices like a record player, typewriter, or printing press. Intrusion into somebody’s processing and data should be treated the same as intruding into their thoughts. It shouldn’t be done.”
—The Test: Civilization at a Crossroads
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Fabulous journalism →
blogs.reuters.com
Buried in here, there’s a good breakdown of what makes good journalism. A starting list:
- a good story
- the feeling that something can be done now and the means to do it
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