Category: Business

This Comes as No Surprise

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Utilities are discovering that nuclear power plants are not economically viable:

The nuclear industry is wrestling with that question as it tries to determine whether problems at reactors, all designed in the 1960s and 1970s, are middle-aged aches and pains or end-of-life crises.

This year, utilities have announced the retirement of four reactors, bringing the number remaining in the United States to 100. Three had expensive mechanical problems but one, Kewaunee in Wisconsin, was running well, and its owner, Dominion, had secured permission to run it an additional 20 years. But it was losing money, because of the low wholesale price of electricity.

“That’s the one that’s probably most ominous,” said Peter A. Bradford, a former member of the Nuclear Regulatory Commission and a former head of the Public Service Commission in New York. “It’s as much a function of the cost of the alternatives as it is the reactor itself.”

While the other three, San Onofre 2 and 3 near San Diego and Crystal River 3 in Florida, faced expensive repair bills because of botched maintenance projects, “Kewaunee not only didn’t have a major screw-up in repair work, it didn’t even seem to be confronting a major capital investment,” he said.

This is a turnaround because until recently, the life expectancy of reactors was growing. When the Nuclear Regulatory Commission began routinely authorizing reactors to run 20 years beyond their initial 40-year licenses, people in the electricity business began thinking that 60 was the new 40. But after the last few weeks, 40 is looking old again, at least in reactor years, with implications for the power plants still running, and for several new ones being built.

………

Even if the economics do not result in retirements, they do mean setbacks. Exelon, the nation’s largest nuclear operator, set out a few years ago to invest $2.3 billion in its existing reactors and raise their generating capacity by 1,300 megawatts, a little more than one new reactor would generate. But after completing about a quarter of the plan, it dropped the rest, and said it would pay its suppliers $100 million in penalties for the cancellation, because the economics were no longer favorable.

The economics of nuclear power were never favorable.

When you look at the subsidies involved in mining, fuel processing, shipping, and in the disposal of the waste, nuclear power is arguably the only industry in the United States more heavily subsidized than agriculture, and it’s still not viable.

What a Surprise ……… No MBAs Equals Business Success

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Costco does not hire MBAs:

Costco Wholesale (COST), the second-largest retailer in the U.S. behind Walmart, is an anomaly in an age marked by turmoil and downsizing. Known for its $55-a-year membership fee and its massive, austere warehouses stocked floor to ceiling with indulgent portions of everything from tilapia to toilet paper, Costco has thrived over the last five years. While competitors lost customers to the Internet and weathered a wave of investor pessimism, Costco’s sales have grown 39 percent and its stock price has doubled since 2009. The hot streak continued through last year’s retirement of widely admired co-founder and Chief Executive Officer Jim Sinegal. The share price is up 30 percent under the leadership of its new, plain-spoken CEO, Craig Jelinek.

Costco Wholesale (COST), the second-largest retailer in the U.S. behind Walmart, is an anomaly in an age marked by turmoil and downsizing. Known for its $55-a-year membership fee and its massive, austere warehouses stocked floor to ceiling with indulgent portions of everything from tilapia to toilet paper, Costco has thrived over the last five years. While competitors lost customers to the Internet and weathered a wave of investor pessimism, Costco’s sales have grown 39 percent and its stock price has doubled since 2009. The hot streak continued through last year’s retirement of widely admired co-founder and Chief Executive Officer Jim Sinegal. The share price is up 30 percent under the leadership of its new, plain-spoken CEO, Craig Jelinek.

………

Jelinek earned $650,000 in 2012, plus a $200,000 bonus and stock options worth about $4 million, based on the company’s performance. That’s more than Sinegal, who made $325,000 a year. By contrast, Walmart CEO Mike Duke’s 2012 base salary was $1.3 million; he was also awarded a $4.4 million cash bonus and $13.6 million in stock grants.

These are some of the reasons why Costco is successful, but I think that the most important bit is this:

It will have to look inside, since Costco does not hire business school graduates—thanks to another idiosyncrasy meant to preserve its distinct company culture. It cultivates employees who work the floor in its warehouses and sponsors them through graduate school. Seventy percent of its warehouse managers started at the company by pushing carts and ringing cash registers. Employees rarely leave: The company turnover rate is 5 percent among employees who have been there over a year, and less than 1 percent among the executive ranks. That’s impressive, but it also suggests the company does not have a regular influx of outside views. Even John Matthews, vice president in charge of human resources, calls the company “awfully inbred.”

I believe that much of their success is from the fact that they do not hire pampered self important people who do not understand the finer points of the business.

“Business school graduate,” and, “Pampered self important people who do not understand the finer points of the business,” are pretty much synonymous, and the fact that they have gained much in the way of currency in contemporary American business, is one of the reason that we are so completely f%$#ed.

H/t  Washington Monthly

How Worship of the Unbridled Market is Taking the United States to 3rd World Nation Status

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Premature babies are dieing of starvation because feeding babies is not profitable enough for sufficient stocks to be maintained:

Because of nationwide shortages, Washington hospitals are rationing, hoarding, and bartering critical nutrients premature babies and other patients need to survive. Doctors are reporting conditions normally seen only in developing countries, and there have been deaths. How could this be allowed to happen?

………

 Except for a mind-boggling problem that Atticus’s [A child born 4 months early, and currently in the NICU] hospital—one of the most prominent in the country—has been powerless to solve: Atticus isn’t receiving some of the critical nutrients he needs to survive.

 Doctors and pharmacists say that because of nationwide shortages caused by a combination of factors—manufacturing problems, a market with few incentives for companies to produce low-profit drugs, and the government’s delayed and inadequate action—thousands of patients are being malnourished.

 ………

 Experts call the nutrient shortage a public-health crisis and a national emergency—and are astounded that the government and manufacturers have let the situation become so dire.

 “Children are dying,” says Steve Plogsted, a clinical pharmacist who chairs the drug-shortage task force of the American Society for Parenteral and Enteral Nutrition (ASPEN). “They’re not getting any calcium or any zinc. Or they’re not getting any phosphorous, and that can lead to heart standstill. I know of a neonate who had seven days without phosphorous, and her little heart stopped.”

 “I’ve never seen anything like this in my entire career, and I’ve been a pharmacist for 40-some years,” says Michael Cohen, president of the nonprofit Institute for Safe Medication Practices (ISMP) and a 2005 MacArthur Foundation fellow. “This should never be allowed to happen.”

 There are 300 drug, vitamin, and trace-element shortages in the US, the highest number ever recorded by the University of Utah Drug Information Service, which began tracking national shortages in 2001. Approximately 80 percent of these are generic injectables, or drugs given intravenously.

 ………

 The nutrients in shortage aren’t rare. “We’re talking about zinc, phosphorous, calcium—trace elements,” says CHA president Mark Wietecha. “These aren’t the latest genetically modified drugs or something coming out of modern high-tech environments. These have been around for decades.”

………

 Some hospitals have resorted to bartering with one another to secure even a small supply of nutrients, and many are rationing.

 At least one NICU in the District is administering some trace elements only three days a week instead of seven. At Atticus’s hospital, no patients heavier than 2½ kilograms (5½ pounds), including NICU babies, are getting intravenous phosphorous. “You could have a brand-new, full-term baby and they don’t qualify,” a staff member says. “There are really sick babies and one-, two-, three-year-olds that don’t get anything at all because we’re rationing it for our tiniest preemies.”

 ………

 When Miguel Sáenz de Pipaón, a neonatologist at a prominent hospital in Madrid, arrived in the US for a research visit, he was stunned by the nutrition shortages.

 “It’s crazy,” he says. “That doesn’t happen in Europe.” He noted that the US relies on a 25-year-old lipid emulsion, which is in shortage, while European hospitals use a newer version that’s readily available. Rather than import the newer emulsion, the US has left many patients without any lipids at all.

 The only shortage Sáenz de Pipaón could recall in Spain occurred two years ago when a Canadian factory stopped making trace elements. His hospital pharmacy immediately secured the product from a Swedish manufacturer and had it for patients within two days.

 Hospital staff wonder why the FDA hasn’t already put a process in place to streamline foreign inspections and certifications so that labs abroad can manufacture emergency supplies on short notice.

 Jensen says the FDA is working on it and that imported nutrients will be shipped soon: “It took a long time to find companies willing to do it, mainly because they couldn’t meet US needs and didn’t have the ability to ramp up for the US. The good news is we’ve got different firms willing to do this for phosphates, zinc, and trace elements. We moved as quickly as we could.”

Yes, moved as quickly as they could. (Not)

You can be certain that a (castrated over the past few decades) FDA is consulting with the manufacturers, so as to avoid hurting their business models.

“The FDA has repeatedly told us that the shortages are short-term and that they don’t need to import yet,” says neonatologist Steve Abrams of Texas Children’s Hospital. “There’s been a general sense that this problem will go away if we just wait until next Tuesday, and next Tuesday just hasn’t come for the last 2½ years.

They keep kicking the can down the road, because they, and the congressmen who vote on their budget, ahve been captured by pharma.

Speaking of Not Being Surprised………

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We are now discovering that charter schools in Tennessee have been systematically kicking out struggling students just before state test time, pushing them back to public schools, who take the hit on their test scores, while the charters get money for the time that they were at their schools:

Leaders with Metro Nashville Public Schools have serious concerns about what is happening at some of the city’s most popular charter schools.

Students are leaving in large numbers at a particularly important time of the school year, and the consequences may have an impact on test scores.

Charter schools are literally built on the idea that they will outperform public, zoned schools. They are popular because they promise and deliver results, but some new numbers are raising big questions about charter schools.

One of the first things a visitor sees when stepping into Kipp Academy is a graph that shows how Kipp is outperforming Metro schools in every subject.

However, Kipp Academy is also one of the leaders in another stat that is not something to crow about.

When it comes to the net loss of students this year, charter schools are the top eight losers of students.

In fact, the only schools that have net losses of 10 to 33 percent are charter schools.

………

“That’s also a frustration for the zoned-school principals. They are getting clearly challenging kids back in their schools just prior to accountability testing,” said MNPS Chief Operating Officer Fred Carr.

Nineteen of the last 20 children to leave Kipp Academy had multiple out-of-school suspensions. Eleven of the 19 are classified as special needs, and all of them took their TCAPs at Metro zoned schools, so their scores won’t count against Kipp.

Of course it won’t count against Kipp.

The evidence, when corrected for things like students socio-economic status, is that charter schools don’t do any better than public schools, but that fact is ignored, because the educational reform establishment is dedicated to creating a for-profit educational system, so if fraud is required so that Wall Street can make a few bucks off of our children.

It’s applying the sub-prime mortgage industry to our education system.

H/t Diane Ravitch.

Worst People in the World

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The modeling agents in Sweden tried to recruit models from an eating disorder clinic:

A well-known clinic in Sweden has managed to attract a following that stands outside the entrance, approaches patients, and … tries to recruit them to be models?

Indeed, while the United States struggles to keep women’s health clinic patients safe from vitriolic anti-abortion protesters, Sweden’s issue is based at the 1,700-bed Stockholm Center for Eating Disorders, the largest clinic of its kind in the country. Agents have been known to stand outside the clinic and approach teenage patients, offering the sometimes horrifically ill girls work as models because of their small size. These instances provide a shocking look into how shallow the modeling world is capable of being, caring only about young women’s physical attributes and not their health.

One of Sweden’s largest modeling agencies once approached a 14-year-old girl and handed her a business card, while another girl who was so sick she was in a wheelchair was interviewed by another agent right outside the clinic. These awful people care not for these girls’ poor health — you know, the reason they’re at the clinic — but instead for their proven ability to lose a lot of weight very quickly.

This is so deeply evil that it just buggers the mind.

Their mothers should have drowned these guys at birth.

Google Has Done the Impossible………

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Google has made me want to be a German:

Google received an ultimatum Thursday from German consumer organizations that want it to start answering questions from its users via email.

The Federation of German Consumer Organisations (VZBV) has asked Google to sign an undertaking that it will provide customer service by responding individually to users questions sent by email, said Carola Elbrecht, VZBV’s project manager for consumer rights in the digital world at the VZBV.

Signing such a document would expose Google to fines if it breached the undertaking. On the other hand, said Elbrecht, “If Google does not sign it, we’re going to court.”

Germany’s Telemedia Act requires businesses to provide an email address to allow customers to contact them quickly.

But, said Elbrecht, “It is not enough to just provide an email address that leads into emptiness, you also need to be able to communicate over it.” Responding to users attempting to get their questions answered with automatic replies, as Google does in Germany, is not sufficient, she said.

Seriously, dealing with issues on Blogger, or Gmail, or pretty much any Google product, you have no way of contacting a human being.

Their response is “check out the forums and support pages.”

The forums are where people go when they don’t have the answers, and it’s exceedingly rare when a Google staffer deigns to read and answer a question, and the support pages are frequently incomplete and/or out of date.

Just When You Thought that Obama Could Not Get Any Worse………

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He is proposing to sell the Tennessee Valley Authority to Wall Street for some magic beans:

The headline issue, cutting Social Security benefits by changing the measurement of inflation (the “chained CPI”), is something that writers on Naked Capitalism have been predicting for a long time. What has come as a shocking (but not surprising) twist is a bombshell buried in Obama’s budget: the proposed privatization of the Tennessee Valley Association. At this point I think it’s important to quote a part of this section of the budget at length:

TVA is a self-financing Government corporation, funding operations through electricity sales and bond financing. In order to meet its future capacity needs, fulfill its environmental responsibilities, and modernize its aging generation system, TVA’s current capital investment plan includes more than $25 billion of expenditures over the next 10 years. However, TVA’s anticipated capital needs are likely to quickly exceed the agency’s $30 billion statutory cap on indebtedness. Reducing or eliminating the Federal Government’s role in programs such as TVA, which have achieved their original objectives and no longer require Federal participation, can help put the Nation on a sustainable fiscal path. Given TVA’s debt constraints and the impact to the Federal deficit of its increasing capital expenditures, the Administration intends to undertake a strategic review of options for addressing TVA’s financial situation, including the possible divestiture of TVA, in part or as a whole.

Notice how nonsensical the justification for the “divestiture of TVA” is. The authors clearly acknowledge that the Tennessee Valley Authority is a “self-financing Government corporation”. The TVA issues its own debt and also has income from electricity sales. Yet because its capital expenditures are counted as part of the federal deficit for accounting purposes, privatizing the TVA supposedly counts as a “spending cut”. This is the willful blindness of orthodox thought taken to extreme levels. Privatizing the TVA doesn’t shrink the amount of debt in the economy one cent; all it does is bring that debt onto private balance sheets. In fact, private investors will buy the Authority on mainly on credit, increasing the amount of private debt.

Note also whoever buys this will pay far less than market value, because that is how this sh%$ works, and since they get it on the cheap, their goal will be to suck the marrow out of it, and to raise rates on the people it serves as fast as it possibly can.

That’s more than 9 million people he wants to f%$# like a drunk sorority girl.

Thatcher was too smart to privatize Britrail, but John Major was not, and the result was crappy service and fatal accidents.

It is so bad that even the Tories have disavowed selling off rail.

You will see the same from privatizing the TVA.

So, he’s going after two of the remaining jewels in the crown of the New Deal, the TVA, and Social Security.

He’s doing it because he wants to, because, except for the appeals to racial bigotry and abortion criminalization, he’s well to the right of Ronald Reagan, and he hates the liberal wing of the Democrat Party in general, and the New Deal in particular.

I’m beginning to think that I should add the tag “Manchurian Democrat” to posts like this.

Henry Ford Knew This 99 Years Ago

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When he doubled the pay of his workers to reduce turnover and increase productivity.

It turns out that Wal-Mart has not realized how this works, and as a result, it is losing customers who are facing empty shelves:

Margaret Hancock has long considered the local Wal-Mart Stores Inc. superstore her one- stop shopping destination. No longer.

 During recent visits, the retired accountant from Newark, Delaware, says she failed to find more than a dozen basic items, including certain types of face cream, cold medicine, bandages, mouthwash, hangers, lamps and fabrics.

 The cosmetics section “looked like someone raided it,” said Hancock, 63.

 Wal-Mart’s loss was a gain for Kohl’s Corp., Safeway Inc., Target Corp., and Walgreen Co. — the chains Hancock hit for the items she couldn’t find at Wal-Mart.

 “If it’s not on the shelf, I can’t buy it,” she said. “You hate to see a company self-destruct, but there are other places to go.”

 It’s not as though the merchandise isn’t there. It’s piling up in aisles and in the back of stores because Wal-Mart doesn’t have enough bodies to restock the shelves, according to interviews with store workers. In the past five years, the world’s largest retailer added 455 U.S. Wal-Mart stores, a 13 percent increase, according to filings and the company’s website. In the same period, its total U.S. workforce, which includes Sam’s Club employees, dropped by about 20,000, or 1.4 percent. Wal-Mart employs about 1.4 million U.S. workers.

 Disorganized Stores

 A thinly spread workforce has other consequences: Longer check-out lines, less help with electronics and jewelry and more disorganized stores, according to Hancock, other shoppers and store workers. Last month, Wal-Mart placed last among department and discount stores in the American Customer Satisfaction Index, the sixth year in a row the company had either tied or taken the last spot. The dwindling level of customer service comes as Wal- Mart has touted its in-store experience to lure shoppers and counter rival Amazon.com Inc.

Yes, they want to tout their in-store experience.

As a part of that experience, they want their customers to deliver their packages for them for free:

Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc.

Tapping customers to deliver goods would put the world’s largest retailer squarely in middle of a new phenomenon sometimes known as “crowd-sourcing,” or the “sharing economy.”

A plethora of start-ups now help people make money by renting out a spare room, a car, or even a cocktail dress, and Wal-Mart would in effect be inviting people to rent out space in their vehicle and their willingness to deliver packages to others.

Such an effort would, however, face numerous legal, regulatory and privacy obstacles, and Wal-Mart executives said it was at an early planning stage.

Wal-Mart is making a big push to ship online orders directly from stores, hoping to cut transportation costs and gain an edge over Amazon and other online retailers, which have no physical store locations. Wal-Mart does this at 25 stores currently, but plans to double that to 50 this year and could expand the program to hundreds of stores in the future.

Wal-Mart currently uses carriers like FedEx Corp for delivery from stores – or, in the case of a same-day delivery service called Walmart To Go that is being tested in five metro areas, its own delivery trucks.

“I see a path to where this is crowd-sourced,” Joel Anderson, chief executive of Walmart.com in the United States, said in a recent interview with Reuters.

This is brilliant.

Let’s see, we have:

  • Honest, I left the big screen TV at their front door?
  • When I was driving to deliver the box, I was rear-ended, and now I have whiplash.
  • The package was fine when it left the store, the damage isn’t our problem.

And that is what I came up in about 3 minutes.

Why is this group of fools the largest corporation in the world?

This is Free Market Mousketeer Bullsh%$

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Bolivia President Evo Morales is looking about setting up a state owned concern to refine his country’s huge lithium deposits:

Is Bolivia poised to become the “Saudi Arabia of lithium,” the vital ingredient in batteries for smartphones and electric cars?

The Uyuni salt flats, stretching across a remote Andean plateau in the southwest of the country, are easily the world’s largest reserve of the soft, light, whitish metal coveted by high-tech firms from Silicon Valley to Tokyo.

This year, President Evo Morales has moved swiftly ahead with plans to finally begin reaping a potential lithium windfall of billions of dollars for the impoverished South American nation.

In January, Bolivia opened its first trial plant. It will produce 40 tons of lithium carbonate a year. Over time, the government wants to ramp production up to 30,000 tons — roughly a fifth of current global demand.

Of course there are some potential difficulties, the salt flats are both moist, and contain a fair amount of magnesium, which makes extraction more difficult.

But here is the assumption that seems to be everywhere these days that just pisses me off:

Meanwhile, Morales’ socialist administration’s go-it-alone attitude — including recent nationalizations of everything from utilities to airports — may mean it will have problems accessing the foreign technology needed to process the lithium.

This is bullsh%$.

If they want the technology, they will get it the same way that multinational megacorporations do today: they buy the f%$#ing technology.

Exxon, BP, and all the rest don’t know how to do difficult drilling, they hire companies like Halliburton or Slumberger for their expertise in deep water drilling, they hire companies like Transocean for its expertise in building deep water rigs.

I’m not talking about industrial espionage here, it’s that companies have increasingly outsourced core competencies in the name of cost savings, and these are now available freely for sale.

You hire a company to do the design, you hire another to do the construction, and if you have any sense, you structure it so as to ensure that the local folks get at least a general understanding of the process when you do this.

Ain’t capitalism grand?

Yes, Please F%$# the Cable Networks

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Yes, I’m actually rooting for Verizon against the cable networks.

You see Verizon wants a new deal for its content.

It does not want to pay for each person who has access to a network, but rather it wants to pay only for the people who actually watch the shows:

Verizon wants to change how it pays television providers for their shows, according to a new report.

 The company, which operates Fios TV, is currently in talks with several “midtier and smaller” television companies to pay them not for the number of subscribers their channels can reach, but by the number of people who actually watch their shows, according to the Wall Street Journal, which interviewed the company’s executives.

 “We are paying for a customer who never goes to the channel,” Verizon Fios TV chief programming negotiator Terry Denson told the Wall Street Journal.

 The payment structure would be passed on a “unique view” model in which one person who spends at least five minutes on the channel would count towards a fee, according to the Journal. Verizon would not need to pay for anyone who didn’t actually spend that time on the channel.

If they can apply this generally it makes it less economically viable to use things like ESPN to overload the cable networks, and our cable bills, with stuff that no one else watches.

This is a decent step toward à la carte content delivery.

I Have a New Rule for Finance and Fraud

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The first was coined by Eric Falkenstein:

People who meticulously avoid email should not be trusted, because it is simply too calculating, as if they know they are regularly committing crimes. A phone conversation can always be disavowed, you just say you were talking about last weekend’s bar mitzvah.

The 2nd rule, which I call Saroff’s Rule:

If a financial transaction is complex enough to require that a news organization use a cartoon to explain it, its purpose is to deceive.

Well, now I have another rule, if your business plan requires an extraterritorial location not subject to any national law, it is because the principals involved intend to be lawless:

A company named Blueseed is a year away from offering entrepreneurs an inexpensive place, near Silicon Valley, in which to develop their products.

 “Blueseed will station a ship 12 nautical miles from the coast of San Francisco, in international waters. The location will allow startup entrepreneurs from anywhere in the world to start or grow their company near Silicon Valley, without the need for a U.S. work visa. The ship will be converted into a coworking and co-living space, and will have high-speed Internet access and daily transportation to the mainland via ferry boat. So far, over 1000 entrepreneurs from 60+ countries expressed interest in living on the ship.”

No Civil Rights Act, no Equal Employment Opportunity Commission, no Fair Labor Standards Act, no Securities Exchange Act, no RICO statute, no consumer protection laws, no laws against slavery or indentured servitude, and indeterminate tax jurisdiction.

If you get an offer from these people, run the other way.

H/t Naked Capitalism.

OK, Google is Going Full Evil

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The Inevitable Downfall Video (NSFW)

Google is killing its Google Reader RSS Reader:

Google Reader, one of the world’s most popular RSS readers, is shutting down on July 1, 2013, Google announced Wednesday.

 The search giant is pulling the plug on the 7-year old project citing “declining usage.” Google says it is shuttering Reader and deprecating or shutting down a number of other services as part of the company’s “spring cleaning” initiative — one that seeks to help the company focus on the features that need the most use.

Seeing as how this app has been pretty much on autopilot for a while, it’s not like it was sucking up much in the way of resources.

My guess is that Google™ saw it as an alternative to Google+™, they dumped some sharing features from the program a year ago, and this was a large part of the reason to axe the program.

They are terrified of Facebook, and so they push G+.

As an aside, one of the problems with Google+™ is that G+ still sucks.

For example, there is still no way to feed your blog RSS to G+, which you can do in Facebook, Twitter, and even lowly MySpace.  (If someone knows a work around, tell me)

And to go further down the “We Love Evil” path, Google has now banned ad blocking software from its Android Market, the Play Store:

Google has removed all ad blocking apps from Google Play, its online store for Android applications, on the basis that they interfere with other services. Searches for “adblock” and related terms on Wednesday evening no longer returned any references to ad blocking software.

Till Faida, co-founder of Adblock Plus, condemned the decision, calling it a threat to consumer choice. “By unilaterally removing these apps, Google is stepping all over the checks and balances that make the Internet democratic,” he said in a statement, suggesting that Google’s actions threaten Internet freedom in the same way that SOPA and PIPA did.

Google did not immediately respond to a request for comment. In its letter to Adblock Plus, Google said the software violates Section 4.4 of the company’s Developer Distribution Agreement.

Section 4.4 states, “You agree that you will not engage in any activity with the Market, including the development or distribution of Products, that interferes with, disrupts, damages, or accesses in an unauthorized manner the devices, servers, networks, or other properties or services of any third party including, but not limited to, Android users, Google or any mobile network operator.”

Evil. It’s what’s dinner.

On a related note, my guess is that Feedburner will be done away with in the near to medium term, so if you have an email subscription, you would need to change.

I’m looking at alternatives.

Boeing 787 Faces More Battery Problems

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Bummer of a birth mark, Boeing

They have found swelling in another 787 battery:

Cells in a second lithium-ion battery on a Boeing Co 787 Dreamliner forced to make an emergency landing in Japan last month showed slight swelling, a Japan Transport Safety Board (JTSB) official said on Tuesday.

The jet, flown by All Nippon Airways Co, was forced to make the landing after its main battery failed.

“I do not know the exact discussion taken by the research group on the ground, but I heard that it is a slight swelling (in the auxiliary power unit battery cells). I have so far not heard that there was internal damage,” Masahiro Kudo, a senior accident investigator at the JTSB said in a briefing in Tokyo.

Kudo said that two out of eight cells in the second battery unit showed some bumps and the JTSB would continue to investigate to determine whether this was irregular or not.

Ummmm….I spent a few months working for a battery manufacturer. This is not a good sign.

Boeing purchasing McDonnell Douglas, and deciding to let McDonnell Douglas’s failed management then take over the firm is bearing bitter fruit.

I Guess that Texas Was Sick of Being a Laughing Stock

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This is why the Texas legislature took the power to select textbooks away from Texas Board of Education:

Much has changed since then. In 2011, the Texas Legislature shifted authority to order textbooks from the state to individual school districts with Senate Bill 6. The law deprived the board of its final say-so. Now, school districts have control over how they spend their almost $800 million on learning materials.

“It’s pretty clear that it reduces our authority in the sense that we’re not the only game in town,” board member Michael Soto, D-San Antonio told the Austin American-Statesman.

Filmmaker Scott Thurman describes it this way: Before, “the textbook publishers had to meet 100 percent of the TEKS [Texas Essential Knowledge and Skills standards]. In The Revisionaries, I follow the process of making those standards. Now, they only have to meet 50 percent of the standards…Textbook publishers have a little more wiggle room.”

He speculates that SB6 was passed because of the controversy the board raised in 2009 and 2010. “According to moderate members of the board, the far right didn’t like this at all. They wanted complete control. They wanted to lock in those standards and not allow textbook publishers to work around it.”

Yes, having a Board of Ed that is batsh%$ insane is a problem, particularly when, before the new law, they dictated text books for 5 million students in one fell swoop, which would lead text book publishers to make their books for everyone match the frequently nonsensical requirements of this body.

This is very good news for education in the US.

No Accountability for the Right Wing

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Karl Rove just got a 4 year contract extension from Fox News, despite his meltdown on election night 2012:

Politico reports that Fox News has extended Karl Rove’s contract through 2016. If the past is any indication, you can expect the network to continue to be used as a fundraising and publicity vehicle for Rove-affiliated outside groups, Republican Party propaganda masked as news analysis, and repeated failure to disclose Rove’sentangled interests.

Rove, the so-called “architect” of President Bush’s election wins, was hired as a Fox contributor in 2008.

During his appearances, Fox has frequently failed to inform its viewers that Rove is still an active participant in Republican Party politics — specifically the creation and operation of American Crossroads and Crossroads GPS, his PAC and non-profit, respectively, that spent millions opposing Democrats in the 2010 and 2012 elections.

He called everything wrong, he pissed away millions of dollars given him by right-wing rich chumps, and he ……… gets his paid gig at Fox extended by 4 years.

I wish that I had a job where I could f%$# up this badly, and still get my lucrative contract renewed.

Say what you will about the VWRC (Vast Right Wing Conspiracy), but their pay and benefits are pretty damn good.

I Blame the MBA Mentality

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The Boeing 787 Dreamliners fleet has been grounded worldwide:

Qatar Airways, Ethiopian Airlines and LOT Polish Airlines have joined the list of 787 operators that have stopped flying the aircraft following a U.S. FAA directive on Jan. 16. All 787 fleets worldwide have now been grounded.

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The groundings were prompted by an incident on Jan. 16 in Japan, when an ANA 787 on a domestic flight declared an emergency and diverted to another airport. Pilots reported messages on cockpit indicators concerning the battery and other systems, and they also noticed an unusual odor in the cockpit and cabin. Inspections revealed that the main battery in the forward electronic equipment bay was discolored and its electrolysis solution had leaked.

The 787 has a lot of innovations, but one of its feature is a change in management strategy.

Boeing has outsourced much of the design and engineering to “risk sharing partners” (some of whom it was forced to buy to get things made right) .

To an MBA, it’s about cutting overhead.  In reality, it’s about losing control of the systems, some of which have never flown on a civil aircraft before, and losing the big picture on how that complex jigsaw puzzle all goes together.

Not Something I Did Not Expect From Time Magazine

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they just did an article about the advantages of state owned banks:

The American Great Plains are known for their expansive farm lands, endless horizons, and — in recent history — staunchly conservative politics. So it may come as a surprise that only state-owned bank in the U.S. (an institution more widely associated with communist China than the Republican Party) can be found in ruby-red, rural North Dakota.

 That’s right, The Bank of North Dakota (BND) — the largest bank in the state by deposits — was founded by legislative mandate in 1919, and has been a mainstay of the North Dakotan economy since that time, mostly through partnering with community banks to provide loans for local businesses. And advocates of public banking are holding up the BND as an example of what government-owned banks can do for an economy.

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 Sure, there are many obstacles to launching publicly-owned financial institutions. Pulling state capital out of commercial institutions could prove to be disruptive to the current financial system. And proper controls need to be set up to avoid political considerations overwhelming proper analysis of lending opportunities. But North Dakota has avoided these pitfalls, and the NBD is an institution that has proven its ability to work alongside the private banking industry to help the state’s economy — one of the most successful in the nation in recent times — develop and grow.

The idea that this idea has gained enough currency to appear on the pages of Time Magazine is pretty remarkable. 

Generally, the MSM will view something like North Dakota’s as an anachronism, or some sort of upper Midwest peculiarity, like something from the movie Fargo.

They are actually taking this seriously, and that’s a change.