the NYT has some good stuff, when not dealing with matters of overty political import. One Example pops up today, about the extensive use of Photoshop to alter our personal histories and present a different version of reality to the world. Of course, the world has had the ability to manipulate images since we started making them. greek sculptors, renaissance painters, the pictorialist photographers etc.are famous for presenting the world with an altered reality closer to their ideals… which are now ours in part. The only difference is that any old guy or girl can get on the internet and lay their hands on some free software that can help you to do all this on any beat-up old computer. that means you!
Category Archives: 4525450
someone call the waahmbulance
the levels of hysteria that are on show on the business news channels on TV regarding a relatively modest drop* in share prices over the past few months are getting ridiculous. to paraphrase a wise internet fish, it’s like no one has any medium term memory anymore.
that chart shows an approximate return of 33%. banks give a return on your mid-term deposits that are in the range of 9%.
if so-called ‘investors’ are not happy with a return of 33% for a year, there’s only one reason and that is pure unadulterated Greed. which is the primary reason that capitalism, in almost all shapes and forms, sucks like a black hole.
* the recent drop has been about 27-28%. however, this distaste should be quelled by long term graphs – check it out – 2yr graph here and even more emphatically with the 5yr figures here
similarly, one can have lots of fun with the ‘Nifty’ broad-based index as well
(Disclosure: Both my parents now work in Stock Market – related activities, and i’m really depressed about that)