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Tuesday, February 18, 2003 |
Pipeline
is not gambling on basketball today.
4:18:32 PM
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News from Pakistan:
MMA
wants to close down cyber cafes, by Abdullah Iqbal, Gulf-News.
With home computers still in limited use because of their cost,
most Internet users rely on cafes, which now exist in even small towns and
villagers. As such, a closure of these cafes would drastically reduce
Internet usage.
Commenting on this, a spokesman for the MMA in Lahore said: We think in
cafes the Internet is not used for education, but only for recreation or
immoral activity, so this would not adversely impact anyone.
12:17:54 PM
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"Joe
Millionaire" chooses Zora, by Frazier Moore (AP).
Many on
The Well had
speculated about this ending and guessed the million-dollar prize.
I am not disgusted with myself for having watched this, but I do feel a
little unclean. To atone, I will do some ''mercenary'' act, such as bathing
a poor child.
12:17:51 PM
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Good advice for Alan Greenspan:
On the
Second Day, Atlas Waffled, by Paul Krugman (NYT).
John Galt wouldn't be very happy with you right now.
. . .
Fed chairmen aren't allowed to speculate about disaster scenarios, so let
me do it for you. If the administration gets what it wants, within a decade
— or perhaps sooner — the United States will have budget fundamentals
comparable to Brazil's a year ago. The ratios of debt and deficits to
G.D.P. won't be all that high by historical standards, but the bond market
will look ahead and see that things don't add up: the rich have been
promised low tax rates, middle-class baby boomers have been promised
pensions and medical care, and the government can't meet all those promises
while paying interest on its debt. Fears that the government will solve its
problem by inflating away its debt will drive up interest rates, worsening
the deficit, and things will spiral out of control.
So why are you still giving these people political cover?
No doubt you're under intense pressure to be a team player. But these guys
are users: they persuade other people to squander their hard-won
credibility on behalf of bad policies, then discard those people once they
are no longer useful. . . . .
9:15:36 AM
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ZapMail Redux:
A Response, by Dan "Effugas" Kaminsky. (Thoughts brought on by Clay
Shirky's
Customer-Owned
Networks and Zapmail, which I thought I had blinked here, but don't
find via Google -- there seems to be a dark chunk of my weblog in
the Google archives -- or maybe I only sent it to my list or none of those
things. Sometimes, I forget things.)
2:14:26 AM
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