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<channel>
	<title>Indy Telecom &#038; Industrial Media</title>
	<link>http://www.metlin.org</link>
	<description>Would you like fries with that?</description>
	<pubDate>Fri, 27 Jun 2008 04:48:42 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.3</generator>
	<language>en</language>
			<item>
		<title>Race &#038; Politics</title>
		<link>http://www.metlin.org/2008/06/22/race-politics/</link>
		<comments>http://www.metlin.org/2008/06/22/race-politics/#comments</comments>
		<pubDate>Sun, 22 Jun 2008 20:16:15 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Politics]]></category>

		<category><![CDATA[US]]></category>

		<category><![CDATA[Barack Obama]]></category>

		<category><![CDATA[Blacks]]></category>

		<category><![CDATA[Race]]></category>

		<category><![CDATA[Whites]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/22/race-politics/</guid>
		<description><![CDATA[ABC News has a rather interesting study on the impact of race on politics, particularly given the candidacy of Barack Obama.
One of the interesting measures is &#8220;racial sensitivity&#8221; of white voters between Obama and McCain.
 
A similar graph amongst Blacks would have been useful; however, blacks have traditionally been a pro-democratic group, with 90% supporting [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://abcnews.go.com/print?id=5202366" title="ABC News: Obama's Candidacy Underscores Crosscurrents of Race and Politics">ABC News</a> has a rather interesting <a href="http://www.abcnews.go.com/images/PollingUnit/1065a4RaceandPolitics.pdf" title="Obama’s Candidacy Underscores">study on the impact of race on politics</a>, particularly given the candidacy of Barack Obama.</p>
<p>One of the interesting measures is &#8220;racial sensitivity&#8221; of white voters between Obama and McCain.</p>
<p align="center"> <img src="http://www.metlin.org/content/economics/racial-sensitivity-graph.jpg" class="imagelight" title="Racial Sensitivity Graph for whites" alt="Racial Sensitivity Graph for whites" /></p>
<p>A similar graph amongst Blacks would have been useful; however, blacks have traditionally been a pro-democratic group, with 90% supporting Obama. What&#8217;s more interesting is that this has little to do with a black candidate - John Kerry had 88% black support in 2004, and 90% voted for Al Gore in 2000.</p>
<p>Similarly, the racial impact graph shows how blacks and whites perceive Obama&#8217;s candidacy&#8217;s impact on race relations.</p>
<p align="center"> <img src="http://www.metlin.org/content/economics/racial-impact-graph.jpg" class="imagelight" title="Obama's Racial Impact Graph" alt="Obama's Racial Impact Graph" /></p>
<p>I am also curious to see correlations between this, and traditional right-wing/conservative voters, and see how that scores. This would be unique because according to the study, Obama&#8217;s standing amongst whites is about the same as any Democratic candidate, but with a much wider range than usual.</p>
<p>Either way, interesting nuances to watch out for.</p>
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		<item>
		<title>Inflation in emerging economies</title>
		<link>http://www.metlin.org/2008/06/18/inflation-in-emerging-economies/</link>
		<comments>http://www.metlin.org/2008/06/18/inflation-in-emerging-economies/#comments</comments>
		<pubDate>Wed, 18 Jun 2008 16:45:19 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Economics]]></category>

		<category><![CDATA[China]]></category>

		<category><![CDATA[Emerging Economies]]></category>

		<category><![CDATA[India]]></category>

		<category><![CDATA[Inflation]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/18/inflation-in-emerging-economies/</guid>
		<description><![CDATA[The Economist has an excellent article on inflation in emerging economies, and how they may be making the same mistakes that developed economies once did.
For instance, the graph below shows the CPI comparison between today and a year ago, and the difference is simply staggering. This is made made worse by the fact that food [...]]]></description>
			<content:encoded><![CDATA[<p>The Economist has an excellent article on <a href="http://www.economist.com/finance/displaystory.cfm?story_id=11402856" title="The Economist: Inflation in emerging economies">inflation in emerging economies</a>, and how they may be making the same mistakes that developed economies once did.</p>
<p>For instance, the graph below shows the CPI comparison between today and a year ago, and the difference is simply staggering. This is made made worse by the fact that food is one of the biggest component of the consumer price buckets.</p>
<p align="center"> <img src="http://media.economist.com/images/20080524/CBB347.gif" /></p>
<p>Also interesting is the comparison of GDP vs. interest rates, and the currency supply between developed and emerging economies.</p>
<p align="center"><img src="http://media.economist.com/images/20080524/CBB350.gif" /></p>
</p>
<p align="center"> <img src="http://media.economist.com/images/20080524/CBB349.gif" /></p>
<p>An interesting take away could be that the increasing price of exports from emerging nations could be because of a weakened Dollar, rather than faster inflation. But as someone who has relatives in Asia (who complain a lot about the price increases), I&#8217;d like to point out that the current rate of inflation increase in emerging economies (at least in Asia) is among the fastest, historically speaking.</p>
<p>Either way, increased inflation in the developed economies translates to less discretionary spending. Increased inflation in emerging economies usually translates into less food on the table, which is something to think about.</p>
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		<item>
		<title>A Presidential Rebuke</title>
		<link>http://www.metlin.org/2008/06/15/a-presidential-rebuke/</link>
		<comments>http://www.metlin.org/2008/06/15/a-presidential-rebuke/#comments</comments>
		<pubDate>Sun, 15 Jun 2008 05:50:33 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Law]]></category>

		<category><![CDATA[Habeas Corpus]]></category>

		<category><![CDATA[Supreme Court]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/15/a-presidential-rebuke/</guid>
		<description><![CDATA[The New York Times has an excellent article that questions (and speculates) on the Supreme Court time and again rebuking the Executive branch , something that&#8217;s quite rare.
While traditionally wartime Presidents have had broad and sweeping powers, the Judiciary has ruled against this specific Executive on four separate occasions during the past four years -

Hamdi [...]]]></description>
			<content:encoded><![CDATA[<p>The New York Times has an excellent article that questions (and speculates) on the <a href="http://www.nytimes.com/2008/06/15/weekinreview/15mahler.html?em&amp;ex=1213588800&amp;en=69decb1315deeefd&amp;ei=5087%0A" title="NYT: Why This Court Keeps Rebuking This President">Supreme Court time and again rebuking the Executive branch</a> , something that&#8217;s quite rare.</p>
<p>While traditionally wartime Presidents have had broad and sweeping powers, the Judiciary has ruled against this specific Executive on four separate occasions during the past four years -</p>
<ul>
<li><strong>Hamdi v. Rumsfeld</strong>: The court upheld that US citizens detained as enemy combatants must get a &#8220;meaningful opportunity&#8221; to challenge their detention.</li>
<li><strong>Rasul v. Bush</strong>: The court established that Guantánamo Bay was still within US territory, and therefore subject to US laws (and consequently, the constitution).</li>
<li><strong>Hamdan v. Rumsfeld</strong>: The court established that the military court established by the Executive cannot proceed because they violate military laws and the Geneva Convention.</li>
<li><strong>Boumediene v. Bush</strong>: The court established that terror suspects in Guantánamo Bay have the right to seek a writ of Habeas Corpus in a US Federal Court.</li>
</ul>
<p>It is almost interesting to note the consistency (and reluctance) with which the Judiciary has lately stood up against the Executive, especially surprising given a wartime circumstance (of course, whether or not we are in wartime is a topic for yet another discussion).</p>
<p>Either way, I&#8217;m reminded of a fascinating Chinese curse. Interesting times, indeed.</p>
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		<item>
		<title>Interesting Links - 6/11</title>
		<link>http://www.metlin.org/2008/06/11/interesting-links-611/</link>
		<comments>http://www.metlin.org/2008/06/11/interesting-links-611/#comments</comments>
		<pubDate>Wed, 11 Jun 2008 19:42:24 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Finance]]></category>

		<category><![CDATA[hedge-funds]]></category>

		<category><![CDATA[S&amp;P 500]]></category>

		<category><![CDATA[Warren Buffet]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/11/interesting-links-611/</guid>
		<description><![CDATA[Here are some links for this week &#8211;

Analysts Lose 17% for Investors in Brokerage Picks &#8212; Twice the decline of the Standard &#38; Poor&#8217;s 500 Index.
Warren Buffet&#8217;s bet against hedge funds &#8212; I agree with a lot of what Mr. Buffet has to say; this is just not one of them.

]]></description>
			<content:encoded><![CDATA[<p>Here are some links for this week &#8211;</p>
<ul>
<li><a href="http://www.bloomberg.com/apps/news?pid=20601213&amp;sid=a9vT3LqBYnGY&amp;refer=home" title="Bloomberg: Analysts Lose 17% for Investors in Brokerage Picks">Analysts Lose 17% for Investors in Brokerage Picks</a> &#8212; Twice the decline of the Standard &amp; Poor&#8217;s 500 Index.</li>
<li><a href="http://www.boingboing.net/2008/06/09/warren-buffet-make-1.html" title="BoingBoing: Warren Buffet makes $1 million Long Bet">Warren Buffet&#8217;s bet against hedge funds</a> &#8212; I agree with a lot of what Mr. Buffet has to say; this is just not one of them.</li>
</ul>
]]></content:encoded>
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		</item>
		<item>
		<title>Cities and Ambition</title>
		<link>http://www.metlin.org/2008/06/09/cities-and-ambition/</link>
		<comments>http://www.metlin.org/2008/06/09/cities-and-ambition/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 16:14:37 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Miscellaneous]]></category>

		<category><![CDATA[Cities]]></category>

		<category><![CDATA[Essay]]></category>

		<category><![CDATA[Paul Graham]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/09/cities-and-ambition/</guid>
		<description><![CDATA[Excellent essay by Paul Graham on great cities attracting great people.
]]></description>
			<content:encoded><![CDATA[<p>Excellent essay by Paul Graham on <a href="http://www.paulgraham.com/cities.html" title="Cities and ambition">great cities attracting great people</a>.</p>
]]></content:encoded>
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		<item>
		<title>Plaster Legos</title>
		<link>http://www.metlin.org/2008/06/07/plaster-legos/</link>
		<comments>http://www.metlin.org/2008/06/07/plaster-legos/#comments</comments>
		<pubDate>Sat, 07 Jun 2008 20:09:15 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Lego]]></category>

		<category><![CDATA[Art]]></category>

		<category><![CDATA[Patchwork]]></category>

		<category><![CDATA[Plastic]]></category>

		<category><![CDATA[Walls]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/07/plaster-legos/</guid>
		<description><![CDATA[Who needs plaster when you have Legos?
 
]]></description>
			<content:encoded><![CDATA[<p>Who needs plaster when you have Legos?</p>
<p align="center"> <a href="http://www.janvormann.com/dispatchwork.php"><img src="http://www.metlin.org/content/lego/lego-wall.jpg" title="Plastic construction pieces" alt="Plastic construction pieces" class="imagelight" /></a></p>
]]></content:encoded>
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		<item>
		<title>A Rare &#038; Dangerous Black Swan</title>
		<link>http://www.metlin.org/2008/06/06/a-rare-dangerous-black-swan/</link>
		<comments>http://www.metlin.org/2008/06/06/a-rare-dangerous-black-swan/#comments</comments>
		<pubDate>Fri, 06 Jun 2008 21:46:30 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Humour]]></category>

		<category><![CDATA[Black Swan]]></category>

		<category><![CDATA[funny]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/06/a-rare-dangers-black-swan/</guid>
		<description><![CDATA[ Be afraid, folks. Be very, very afraid.
 
]]></description>
			<content:encoded><![CDATA[<p> Be afraid, folks. Be very, very afraid.</p>
<p align="center"> <a href="http://bigpicture.typepad.com/comments/2008/06/uh-oh-dangerous.html"><img src="http://www.metlin.org/content/blog/blackswanchartael4s.jpg" alt="Rare and dangerous black swan" title="Rare and dangerous black swan" class="imagelight" /></a></p>
]]></content:encoded>
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		<item>
		<title>Taleb on Life</title>
		<link>http://www.metlin.org/2008/06/05/taleb-on-life/</link>
		<comments>http://www.metlin.org/2008/06/05/taleb-on-life/#comments</comments>
		<pubDate>Thu, 05 Jun 2008 15:41:38 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Personal]]></category>

		<category><![CDATA[Philosophy]]></category>

		<category><![CDATA[Life]]></category>

		<category><![CDATA[Nassim Nicholas Taleb]]></category>

		<category><![CDATA[Philosphy]]></category>

		<category><![CDATA[Taleb]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/05/taleb-on-life/</guid>
		<description><![CDATA[The Times (UK) has an article on Nassim Taleb, and while it talks about his work, the more interesting bits have nothing to do with Taleb&#8217;s work.
What I find particularly interesting (and in some ways, rather profound) is Taleb&#8217;s philosophy on life, which he sums up at the very end.
Taleb&#8217;s top life tips

Scepticism is effortful [...]]]></description>
			<content:encoded><![CDATA[<p>The Times (UK) has an <a href="http://business.timesonline.co.uk/tol/business/economics/article4022091.ece?print=yes&amp;randnum=1212326634830" title="Nassim Nicholas Taleb: the prophet of boom and doom">article on Nassim Taleb</a>, and while it talks about his work, the more interesting bits have nothing to do with Taleb&#8217;s work.</p>
<p>What I find particularly interesting (and in some ways, rather profound) is Taleb&#8217;s philosophy on life, which he sums up at the very end.</p>
<p><strong>Taleb&#8217;s top life tips</strong></p>
<ol>
<li>Scepticism is effortful and costly. It is better to be sceptical about matters of large consequences, and be imperfect, foolish and human in the small and the aesthetic.</li>
<li>Go to parties. You can’t even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.</li>
<li>It’s not a good idea to take a forecast from someone wearing a tie. If possible, tease people who take themselves and their knowledge too seriously.</li>
<li>Wear your best for your execution and stand dignified. Your last recourse against randomness is how you act — if you can’t control outcomes, you can control the elegance of your behaviour. You will always have the last word.</li>
<li>Don’t disturb complicated systems that have been around for a very long time. We don’t understand their logic. Don’t pollute the planet. Leave it the way we found it, regardless of scientific ‘evidence’.</li>
<li>Learn to fail with pride — and do so fast and cleanly. Maximise trial and error — by mastering the error part.</li>
<li>Avoid losers. If you hear someone use the words ‘impossible’, ‘never’, ‘too difficult’ too often, drop him or her from your social network. Never take ‘no’ for an answer (conversely, take most ‘yeses’ as ‘most probably’).</li>
<li>Don’t read newspapers for the news (just for the gossip and, of course, profiles of authors). The best filter to know if the news matters is if you hear it in cafes, restaurants&#8230; or (again) parties.</li>
<li>Hard work will get you a professorship or a BMW. You need both work and luck for a Booker, a Nobel or a private jet.</li>
<li>Answer e-mails from junior people before more senior ones. Junior people have further to go and tend to remember who slighted them.</li>
</ol>
<p>Something to think about.</p>
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		<item>
		<title>Oil Bubble</title>
		<link>http://www.metlin.org/2008/06/04/oil-bubble/</link>
		<comments>http://www.metlin.org/2008/06/04/oil-bubble/#comments</comments>
		<pubDate>Wed, 04 Jun 2008 14:38:20 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Economics]]></category>

		<category><![CDATA[Bubble]]></category>

		<category><![CDATA[Oil]]></category>

		<category><![CDATA[Speculation]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/06/04/oil-bubble/</guid>
		<description><![CDATA[I&#8217;ve been saying this for a while, but the WSJ has an article wondering if oil would the next bubble to pop.
In fact, to anyone who&#8217;s been following trends, it is quite obvious that oil has been fast approaching the &#8220;bubbly&#8221; state. People far wiser than I have said so, as well.
 
From the WSJ [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been saying this for a while, but the WSJ has an article wondering if <a href="http://online.wsj.com/article/SB121251666620041937.html?mod=hpp_us_whats_news" title="WSJ: Is Oil the Next 'Bubble' to Pop?">oil would the next bubble to pop</a>.</p>
<p>In fact, to anyone who&#8217;s been following trends, it is quite obvious that oil has been fast approaching the &#8220;bubbly&#8221; state. <a href="http://paul.kedrosky.com/archives/2008/05/07/oil_just_outbub.html" title="Paul Kedrosky: Oil Just Out-Bubbled the Tech Bubble">People far wiser</a> than I<a href="http://paul.kedrosky.com/archives/2008/05/07/oil_just_outbub.html" title="Paul Kedrosky: Oil Just Out-Bubbled the Tech Bubble"> </a><a href="http://paul.kedrosky.com/archives/2008/05/08/the_oil_bubble.html" title="Paul Kedrosky: The Oil Bubble, Self-Organized Criticality, etc.">have said so</a>, as well.</p>
<p align="center"> <a href="http://bespokepremium.com/"><img src="http://www.metlin.org/content/blog/three-bubbles_3.png" alt="Tech, Housing &amp; Oil Comparison" title="Tech, Housing &amp; Oil Comparison" /></a></p>
<p>From the WSJ article -</p>
<blockquote><p>Lehman Brothers on Friday compared the rally to the one-upmanship of the dot-com boom: Wall Street analysts have repeatedly raised their price forecasts as oil prices have soared, driving new investor flows that have pushed prices to still-higher levels, leading to still-higher price forecasts. Lehman sees the &#8220;classic ingredients of an asset bubble,&#8221; with financial investors driven by a &#8220;herd&#8221; instinct and chasing past performance.</p></blockquote>
<p>Of course, the key difference between oil and the tech or housing bubbles is that oil is strongly based on fundamentals, while the latter is heavily based on pure speculation. However, that has been slowly changing, because there is no way that oil could have hit $130 purely on the basis of weak fundamentals.</p>
<p>Secondly, general market sentiments over higher oil prices are driving down demand, and a strengthening US Dollar (all hail Uncle Benny!) seems to be pushing the prices down.</p>
<p>The other thing to keep in mind is that while the US economy is doing badly, European economies aren&#8217;t much better. China has also been badly battered by the new earthquake, and the increasing oil prices and food shortage is having its say on India and the rest of Asia (this includes SEA and SA).</p>
<p>Also, while the oil bubble may have been triggered by weak fundamentals, it is increasingly being <em>driven</em> by speculation. If this is not the sign of a bubble, I do not know what is.</p>
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		<title>Awesome West Coast Swing Performance</title>
		<link>http://www.metlin.org/2008/05/31/awesome-west-coast-swing-performance/</link>
		<comments>http://www.metlin.org/2008/05/31/awesome-west-coast-swing-performance/#comments</comments>
		<pubDate>Sun, 01 Jun 2008 01:12:24 +0000</pubDate>
		<dc:creator>Karthik Narayanaswami</dc:creator>
		
		<category><![CDATA[Entertainment]]></category>

		<category><![CDATA[Jordan Frisbee]]></category>

		<category><![CDATA[Tatiana Mollman]]></category>

		<category><![CDATA[West Coast Swing]]></category>

		<guid isPermaLink="false">http://www.metlin.org/2008/05/31/awesome-west-coast-swing-performance/</guid>
		<description><![CDATA[I just found this amazing video of Tatiana Mollman and Jordan Frisbee performing West Coast Swing at MADJam 2006. Simply fabulous.
 
(And sigh, I think I&#8217;ve a bit of a crush on Tatiana Mollman after watching about fifty of her videos online&#8230;.)
]]></description>
			<content:encoded><![CDATA[<p>I just found this amazing video of Tatiana Mollman and Jordan Frisbee performing West Coast Swing at MADJam 2006. Simply fabulous.</p>
<p align="center"><embed id="VideoPlayback" style="width:400px;height:326px" allowFullScreen="true" flashvars="fs=true" src="http://video.google.com/googleplayer.swf?docid=3017624346175958197&#038;hl=en" type="application/x-shockwave-flash"> </embed></p>
<p><em>(And sigh, I think I&#8217;ve a bit of a crush on Tatiana Mollman after watching about fifty of her videos online&#8230;.)</em></p>
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