Fact checking… Investors’ Business Daily has heard of it.

In a spectacular outbreak of foot-in-mouth disease the right-wing newspaper Investors’ Business Daily avers that “People such as scientist Stephen Hawking wouldn’t have a chance in the U.K., where the National Health Service would say the life of this brilliant man, because of his physical handicaps, is essentially worthless.” Without realizing of course that Hawking IS in fact British and that the NHS didn’t just leave him on a mountaintop to be pecked clean by the crows, something which any American health insurance company would no doubt have done decades ago. This, I’m afraid, is typical of the level of debate in the United States about health care reform.

Note: I’m quite sure that the original article will be removed as soon as it starts getting a lot of traffic, so if you can’t find the quote I highlighted have a look at the article as it originally appeared (local cache).

Same result, no reward.

When Microsoft offered nearly fifty billion dollars last year to acquire Yahoo I thought this was the stupidest thing Redmond had ever done, and in hindsight not accepting the offer was indeed the stupidest thing Yahoo had ever done. In a new development this week Yahoo has announced that it was ditching search and concentrating on its ad service in a 10-year agreement with Microsoft. Effectively Microsoft ended up getting almost as much control over Yahoo as they would have by owning it but for a fraction of the cost, while sidestepping antitrust regulations that would have resulted from an acquisition. In the end it goes to show that Yahoo really has been managed by the dumbest people in the IT business for the past couple of years…

I really need to take up cycling. In Sweden.

From the “things you don’t hear about every day” dept. — a 50 year-old Swedish man has reportedly complained that while he was out biking he was pulled of his bike by a lady with tattoos on her arms who then proceeded to have her way with him. He also reports that the same unspeakable crime was committed again when he rode in the exact same spot the next day. And the day after that. And the day after that. In fact he’s so upset that if these incidents don’t stop within 6 months he’ll be forced to consider maybe changing his route.

The vagaries of IT work

Up until today I was pretty sure that I would never hate an IT product as much as I hate IBM WebSphere, but I think we have a new winner: SAP Netweaver v7. Just installing the damn thing is like trying to thread a needle while someone is stabbing you repeatedly in the face, and every time you look at him for guidance he says “nuh-huh, no hints!” Oh, and it can *only* use a version of Java that Sun has already announced is EOL’d. Literally your JVM must be between 1.4.2_08 and 1.5.0, exclusive. Why is “bloody impossible to get going” become a positive attribute for computer systems in the past few years?.. When has that become a good thing?

Second Strike.

So, how do you repair your public image after an interview in which you praise Hitler? You blame the Jews for the financial crisis, that’s how. At least that’s how it works in Bernie Ecclestone’s mind. Seriously, this guy just doesn’t get it. But there’s a chance that something positive will fall out from this — I don’t see how he’s going to be able to remain at the head of the FIA for very long if he keeps up the Prince Philip act. Even now he’s had to cancel his personal appearance at the formal opening of this weekend’s German Grand Prix and who knows how many other races he won’t be welcome at.

Rules.

There aren’t many absolute rules to life; to each rule there seems to be an exception, with the notable exception of this one: if you’re a controversial public figure and an associate of Max Mosley, and you’re talking with reporters, you should never, ever say anything that even sounds like “Hitler was a man who could get things done.” In fact unless you’re a historian any discussion involving Hitler probably doesn’t belong in an interview. Can we at least agree on this?

Now that’s some serious souvenir money.

The sports world is abuzz with Cristiano Ronaldo’s acquisition by Real Madrid for a record-setting 96 million Euro transfer fee, but I think the real important story of the day is the capture of two Japanese citizens in Italy who were bound for Switzerland with $134 billion in possibly-counterfeit US securities in $500M and $1B denominations.

Interesting how this story keeps getting blacked-out in the mainstream press, don’t you think? Methinks I detect Kim Jong-Il’s hand in this. North Korea has been turning out high-quality counterfeit US money for over a decade, and it was only a matter of time before they started working on the really valuable stuff. Still, it’s only speculation at this point. Still, is anyone in the market for shady $500M US bonds?..

Is the greenback collapsing?

Here’s something that’s relatively easy to miss in these hard economic times where importing things from the US had become a luxury once again — there has been a sharp but sustained drop in the value of the US dollar recently. It’s fairly dramatic, too — in the past 3 months the value of the Canadian dollar has gone from $.77 to$ .92 US. That’s almost a 20% rise in the space of a quarter.

There isn’t really anything currently going on in Canada to warrant this sort of price movement, and indeed much the same story is revealed when looking up the relative values of the Euro and the Pound; even the Japanese yen is appreciating despite the plethora of political and economic bad news coming from Tokyo.

Nope — this is not about other currencies appreciating. This is about the USD tanking, and a low dollar means that Americans will spend more for the imports on which their economy depends. This heralds the onset of inflation in the American market. If Americans think they’ve had it tough since October, they’re in for a rude awakening.

Words fail me…

Maybe I wasn’t following the news at the time because I really would have remembered this, but earlier in the 2000s it seems that German industrial giant Siemens had plans to use the name “Zyklon” for a range of products that was slated to include gas ovens, which is incredibly tasteless considering the history of the company. Think about that for a moment. Were they going to use the swastika as a logo for this brand?..

White Bag Doritos

Has anyone else picked up those new Doritos in the white bag with the dollar sign on it and thinks that they taste about the same as the original nacho-cheese flavor? Honestly, there’s either no difference at all and that contest they have is a big joke, or the difference is so subtle that it would be completely lost on the usual late-night-munchies crowd.