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Journal: Circular Refuge on reddit 5

Journal by Some Woman

It's a happening place. There are upwards of 3, maybe 4 posts a day!
You should join us, if you like.

http://www.reddit.com/r/CircularRefuge
(message mods to join; can't let the riffraff on reddit in! Just our very own special riffraff.)

Space

Evidence of a Correction To the Speed of Light 347

Posted by Soulskill
from the fault-is-not-in-our-stars-but-in-ourselves dept.
KentuckyFC writes: In the early hours of the morning on 24 February 1987, a neutrino detector deep beneath Mont Blanc in northern Italy picked up a sudden burst of neutrinos. Three hours later, neutrino detectors at two other locations picked up a second burst. These turned out to have been produced by the collapse of the core of a star in the Large Magellanic Cloud that orbits our galaxy. And sure enough, some 4.7 hours after this, astronomers noticed the tell-tale brightening of a blue supergiant in that region, as it became a supernova, now known as SN1987a. But why the delay of 7.7 hours from the first burst of neutrinos to the arrival of the photons? Astrophysicists soon realized that since neutrinos rarely interact with ordinary matter, they can escape from the star's core immediately. By contrast, photons have to diffuse through the star, a process that would have delayed them by about 3 hours. That accounts for some of the delay but what of the rest? Now one physicist has the answer: the speed of light through space requires a correction.

Comment: Re:Gox used margin trading & fractional reserv (Score 1) 143

by sphealey (#47092895) Attached to: Sifting Mt. Gox's Logs Reveals Suspicious Trading Patterns

= = = The difference between banks and MTGox is that while banks also use fraction reserve, the full liabilities are backed by assets in the form of loans they have handed out, and security on the assets of the borrowers such as property. At the time of the financial crisis, those assets and collateral were not sufficient to cover the fractional reserve liabilities, but at least they had something, unlike MTGox which had nothing to back the fractional reserve liabilities. = = =

Spot-on. Of course the major Western money center banks and financial institutions also had the backing of the full faith and credit of major, stable governments including both the maligned US Federal Reserve and ultimately the US Treasury. While bitcoin has the full faith and backing of... Satoshi I guess.

sPh

Comment: Re: Myth of the Obama Bank Bailout (Score 4, Insightful) 143

by sphealey (#47092873) Attached to: Sifting Mt. Gox's Logs Reveals Suspicious Trading Patterns

There is no question that the financial structure of the United States, and mostly likely the world as a result, was in danger in the 2008 time frame. President Bush and Secretary Poulson took the responsible course of action, deflected those whose advice was to let it all burn on principle, put together a bailout plan, invited the presidential candidates to review it, and got it signed into law. IMHO the only competent thing that W did during his entire Presidency.

What President Obama can be held responsible for is not following up TARP with detailed investigations into violations of civil and criminal law, including prosecutions where appropriate. Particularly investigations into the utterly illegal shadow mortgage documentation "registry" that the financial industry apparently created around 2000. This was the first major financial crisis in the history of the United States that did not generate a strong investigatory response. There are undoubtedly reasons why that didn't happen, reasons noble, neutral, and craven, but the lack of _any_ investigation or prosecution is an utter failure of President Obama and his Administration.

sPh

Comment: Re:The Problem Isn't "Free Speech vs Privacy" (Score 2) 278

by sphealey (#47043085) Attached to: The US Vs. Europe: Freedom of Expression Vs. Privacy

= = = It's legal, but that doesn't make it right. Technically, the first Amendment only prevents the government from restricting free speech. That restriction should apply to every one. = = =

So... your political theory is "libertarianism for me but not for thee"? Corporations to be free to do whatever they want, unless they violate some unwritten norms of right-wing thought? That doesn't sound very, um, free to me.

sPh

All programmers are playwrights and all computers are lousy actors.

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