How to validate a credit card number (click for full pic)
[via:Viralliset Linkit]
US public relations corporation to run for congress
“With more than a twinge of irony, Murray Hill Incorporated, a liberal public relations firm, recently announced that it planned to run in the Republican primary in Maryland’s 8th Congressional District.”
Campaign ad on Youtube.
[via:zzorn]
Content farming: conquering the web by producing cheap content based on search stats
“Most media companies are trying hard to increase those numbers, to boost the value of their online content until it matches the amount of money it costs to produce. But [...] instead of trying to raise the market value of online content to match the cost of producing it — perhaps an impossible proposition — the secret is to cut costs until they match the market value.”
You might have noticed how Sturgeon’s Law (“Ninety percent of everything is crud”) lives its own rampant life on the Internet in the form of these ad filled sites with unbelievably shitty how-tos and fake advice. But wait a year or two until clustered ponds of shit like eHow, Cracked and Livestrong might begin to mimic journalism. Quality media has only started its long, stinky journey down the rabit hole/drain pipe of the Intertube
Also: An interview with Demand Media CEO Richard Rosenblatt
[via:Olli Sulopuisto]
Rolling Stone/Matt Taibbi: Obama sold out to Wall Street
“There’s no other way to say it: Barack Obama, a once-in-a-generation political talent whose graceful conquest of America’s racial dragons en route to the White House inspired the entire world, has for some reason allowed his presidency to be hijacked by sniveling, low-rent shitheads.”
After being elected, Obama basically gave everyone from his “change” campaign dead end jobs. All the important posts went to insiders from the same financial giants, that through “bailout” laws now have been granted free money every time and no matter how badly they fuck up themselves and the system.
If you’re not easily tricked into reading longer articles, have a look at the video summary. Taibbi‘s recent writing is highly recommended reading, his style is very readable and entertaining but maintains a striking contrast to the usual correct, bullshit-plagued financial and political reporting.
[via:No Agenda]
The author explores the nature of Iceland and its financial crisis through the nation’s alpha male fisher attitudes, dangerous optimism, over-educated arrogance and… belief in elves. I laughed repeatedly.
“We’re in a place we haven’t been since the Depression: Our economy is so completely fucked, the rich are running out of things to steal.”
In his article, Matt Taibbi explains, in great detail, how naked short selling has been used to manipulate the markets into killing investment banks. Unless you’re already an expert on how the stock market works, start by watching this accompanying short explanation of short selling.
Based on a pattern of linkage deserving articles in Rolling Stone, I’ll try to follow Taibbi‘s writings carefully in the future.
[via:Thomas N.]
UK Treasury about to force banks to lend in poorer communities?
“Bankers in visible pain” sounds like a nice concept, but this seems an awful lot like a socialized version of the lunacy that caused the subprime mortgage crisis (do watch the video)…
[via:Tommy Rosenqvist]
Fortune interviews Mark Whitacre, ADM price-fixing whistleblower and compulsive liar
Whitacre discusses bipolar disorder, prison, his marriage, lying to Fortune in an earlier interview and Steven Soderbergh’s new film, “The Informant!” where his person is presented by Matt Damon. The book on which “The Informant!” is based comes highly recommended.
[via:Slashdot]
The Iraqi who saved Norway from oil
Financial Times explains how Farouk al-Kasim helped create government regulation that saved Norway from wasteful oil extraction and political corruption by foreign industry interests. Shock and horror: Unlike many other oil nations, Norway has actually saved money rather than fallen into debt.
[via:Metafilter]
Nokia plans to launch mobile “banking”, “paypal”
“The “Nokia Money” service will make it possible “to send money to another person just by using the person’s mobile phone number, as well as to pay merchants for goods and services, pay their utility bills, or recharge their pre-paid SIM cards,” [...] Nokia said it was building up a large network of Nokia Money agents where consumers can deposit money or withdraw cash from their mobile accounts. [...] “In many countries, mobile phone ownership significantly exceeds bank account usage”"
[via:FNB]
Movie trailer: Michael Moore’s “Capitalism: A Love Story” (720p)
According to Wikipedia, the film centers on the financial crisis of 2007-2009, the transition from the Bush administration to the Obama administration, and the stimulus and bailout package. IMDb link, official site, Apple trailers. The US theater release date is set to October 2.
[via:Dvorak]
SAS to use glide landing to cut CO2 emissions
Being mostly ignorant about even basic physics, I’m not really keen to admit how insane of an idea this seems.
[via:No Agenda]
“Yay, let’s build a big ass hall of servers to help us play Economy”
[via:Waxy]