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Comment Re:Who? What? Huh? (Score 2) 62

It may be "getting reprinted all over the fuck", but I had blissfully managed to avoid seeing it.... until getting stabbed in the eye with it on Slashdot. Thanx.

I've been awake 5 minutes and already I've had a 100% Recommended Daily Allowance of pain, misery, cynicism, stupidity, scientific illiteracy, and media whoring.
Now I can't check cable news for today's update on the budget/Obamacare battle.

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Comment Re:No, the little people don't have all the money (Score 1) 387

I actually read those other articles. There's no "Reliable source problem here".

The "healing" story looks to be perfectly valid research on a previously undiscovered mechanism that takes place in sterile fetal tissue. The tissue around the wound contracts, effectively contracting the size of the wound. Then other healing mechanisms kick in to fully close the wound. This isn't going to provide scar-free plastic surgery, at least not in the foreseeable future.

The Cosmology story, I'll start out by saying that when a headline says scientist says "x MAY y", I take that as a blatant tag that we're talking about a speculative new idea. I don't see a problem with a story on speculative science ideas when reported as speculative. It looks like some scientists wrote up an interesting new idea to explain the apparent acceleration of the expansion of the universe, and which appears to fit well with certain other observations. However as the article notes, there's a serious problem/hole in the theory. It was an interesting read, if you're into that sort of thing, but the hole in the theory is almost certainly going to turn out to be fatal.

Anyway, their claim is that, based on Zipf's law, there must be some "long tail" of unknown small financial institutions which have vast but uncounted assets. No way.

"No way" is right. That's not what it says at all.
They said that the collection of all companies follows Zipf's law, and they get the "shadow banking value" from the abnormally deflated HEAD of the curve, NOT the long tail.

They're not saying there's some "unknown small financial institutions which have vast but uncounted assets", they're saying the biggest corporations are underreporting. And it's a known fact that they are underreporting. They merely came up with a way to calculate the size of the known underreporting.

"It is in the nature of markets to move money from the many to the few."

That point is mentioned in the story, and it it is in fact a crucial part of how they obtained their result. The biggest corporations, the ones most closely engaged in working the money market itself, are vastly underreporting just how much they have worked the market to move ~100 Trillion dollars from the many to the few.

Examining the graph it looks like this figure is attributable, almost entirely, to the 16 largest corporations in the world. And if they are right about the size of these unreported assets, the underreported value is greater than the entire global GDP.

And another point jumps to my mind. Large corporations have been gaming the system to avoid taxes. Capturing even just ONE PERCENT of this figure would completely solve the entire US budget deficit. I realize that these are not exclusively US companies, but certainly much of this value is U.S. based. Capturing about 2.5% of this figure, spread across the relevant countries, would pretty much solve everyone's deficits.

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Comment Re:Idiots are against Golden Rice (Score 1) 400

You linked to a Score:0 Anonymous Coward, who I think was probably making a sarcastic joke that they should obviously just eat more carrots. However after you posted we got at least two certifiable cases:
Score:5, Insightful ranting we should just "encourage them to grow more sweet potatoes" and
Score:5, Informative ranting they should just eat sweet potatoes and moringa tree leaves.

If they are growing rice, there are probably reasons that they grow rice. Maybe sweet potatoes don't grow in that soil and climate. Maybe they can't obtain an economically viable yeild. Maybe moringa tree leaves taste like shit. (WTF is a moringa tree anyway?) Maybe there are cultural reasons. It doesn't matter what the reasons are, it doesn't much matter if they are good reasons. The fact is that six hundred thousand children are DYING each year and another half million are going BLIND each year, and yelling at people in extreme poverty to just "eat some goddamn vegetables you idiots" is not a particularly successful solution. I kinda suspect that curing blindness and vitamin-deficiency disease might provide a teensy-weensy bit of help for them to climb themselves out of poverty.

If I found a mutant variety of rice out in the wild which contained Vitamin A, these GMO ranters would embracing it because it's a NATURAL mutant. We knew we wanted rice containing Vitamin A, we looked for it, we didn't find it (yet), that mutation might pop up in a field somewhere tomorrow..... but somehow it magically becomes daaaaaaaaangerous if we make it ourselves rather than waiting around looking for that "natural" mutation. Because a natural mutation potentially making cyanide in your food is somehow better than intelligently, carefully, deliberately putting vitamins into food.... because if we smartly do it that's unnaaaaaaatural.

There's the old Luddite saying: "If man were meant to fly he would have been born with wings"
Fuck that. If we weren't meant to engineer artificial solutions to problems we wouldn't have been born with brains. Well, some of us anyway.

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