Google and Privacy

If you use Google, and I know you do, you may have noticed a little banner popping up at the top of the page announcing: “We’re changing our privacy policy and terms.” It gives you the choice to “Learn More” or, another option, the one I’m betting most people followed, to “Dismiss.”

Who wants to read about what Google plans to do with all that information it has about us?

I, too, clicked “Dismiss.” That’s because the very idea of considering what Google knows about me can give me heartburn. And if that happens, I may want to Google “heartburn,” and then I’ll wonder if my insurance company will find out that I was searching “heartburn,” or, worse, that one day I will apply for a new insurance company and the side effects of having considered what Google knows will result in a denial of coverage. But I digress.

The Article

Ed Med

We were invited to a presentation this morning by the Rhode Island Governor, Lincoln Chafee, and the State’s Economic Development Corporation. In the Governor’s opening remarks he emphasized wanting to take advantage of “where the economic growth action is….Ed Med”. For us non-economic opportunist, Ed Med is education and medical industry – primarily academic medical research developments.

From my perspective…and accepting the importance of medical and educational advancements…I know of no other industrial economies that are more troubled and inflated than medical costs and educational costs. I would be willing to bet (and I don’t gamble) that the moment RI commits to huge infrastructure and development investments in Ed/Med…the whole system goes into cardiac arrest.

An article on college costs.

Hydraulic Fracking and the Economy

For example, estimates of Pennsylvania job creation due to increased shale gas production since 2009 range from 44,000 to 72,000. In Bradford County, Pa., the 2009 unemployment rate of 10 percent has been halved because of Marcellus Shale gas development. New York’s economically depressed Southern Tier is also benefiting from gas field development in nearby Pennsylvania. Case in point: RB Robinson Contracting, Inc., a family construction business in Candor, N.Y., had eight full-time employees in 2009. Today, it provides full- and part-time work for 120 people.

The Weblog

Finance Now Exists For Its Own Exclusive Benefit

This article appears to be a sincere attempt, using Bank of America’s most recent financial statement, to 1) explain the financial mechanisms of current banking, and 2) analyze the risks.

Even with the author’s thoughtfulness, it becomes easily evident that current banking ‘mechanisms’ are based upon a language structure that is, at best, obscure. Reminds me of trying to read Sartre…and that is not a good thing.

The Article

Cap and Trade Benefits Connecticut

Connecticut’s commitment to the regional cap-and-trade system and subsequent investment in energy efficiency bolsters the economy, even as power plants shell out cash for their air pollution.

In the first three years of the 10-state Regional Greenhouse Gas Initiative, Connecticut’s state government received $51.7 million of the $913.3 million awarded throughout the region. Connecticut invested 73 percent in energy efficiency initiatives; 23 percent in renewable energy projects; 5 percent on offsetting air pollution; and 1 percent on clean energy education for teachers and students.

Because of energy efficiency, the impact on Connecticut’s economy outpaced the average of the 10 states in the regional initiative, according to an economic impact study of the Northeast’s cap-and-trade system, performed by the Boston-based Analysis Group.

The Article

McRib is Back

McDonald’s has renewed the McRib…a concoction actually composed much like sausage then ‘cut’ to shape. It has been much maligned by many.

Here is an interesting graph of the periods in which the McRib has been ‘re-introduced’.

Interesting coincidence between pork prices and McRib….their business planners at work.