Tag: images

Deleveraging

You could read almost all of the voluminous coverage of the present crisis in the financial markets in the legacy media without ever encountering the essential term which describes what’s going on at the “big picture” level, understanding the underlying cause for the events in the news, or comprehending the magnitude of the problem and how protracted may be its consequences. The following chart encapsulates everything you need to know about the present situation. This is not a “mortgage crisis”, “derivatives crisis”, “credit crisis”, or any of the other terms bandied about describing aspects of the larger situation—it is a debt crisis and it always has been. The United States have experienced a multi-decade bubble market, rolling over from equities and real estate in the 1980s, to technology stocks in the 1990s, and back to residential real estate in the aughties, all driven by an unprecedented explosion of debt, as illustrated below.

“bailouts” as presently proposed and implemented make no difference whatsoever in this chart. They’re just a transfer of debt from the private account to the public account.

Parsing Palin

There are plenty of people out there who believe that diagramming a sentence provides insight into the mind of its perpetrator. The more the diagram is forced to wander around the page, loop back on itself, and generally stretch its capabilities, the more it reveals that the mind that created the sentence is either a richly educated one—with a Proustian grasp of language that pushes the limits of expression—or such an impoverished one that it can produce only hot air, baloney, and twaddle. Other Palinisms are not so tractable:

I know that John McCain will do that and I, as his vice president, families we are blessed with that vote of the American people and are elected to serve and are sworn in on January 20, that will be our top priority is to defend the American people.

I didn’t stop to marvel at the mad thrusting of that pet political watchword “families” into the text. I just rolled up my sleeves and attempted to bring order out of the chaos:

I had to give up. This sentence is not for diagramming lightweights.

of course the people prone to listening to her only hear “donuts” anyway.

Baikonur Cosmodrome

When NASA’s last scheduled Space Shuttle mission lands in June of 2010, the United States will not have the capability to get astronauts into space again until the scheduled launch of the new Orion spacecraft in 2015. Over those 5 years, the US manned space program will be relying heavily on Russia and its Baikonur Cosmodrome facility in Kazakhstan. Baikonur is an entire Kazakh city, rented and administered by Russia. The Cosmodrome was founded in 1955, making it one of the oldest space launch facilites still in operation.

Military Powerpoint

IO threats come in many different forms. Maybe it’s a server-clogging 12 megabyte PowerPoint slide with an embedded photo of a tropical sunset inviting you to a retirement luncheon for someone you’ve never met.
Perhaps it’s the 8th volley of a “reply to all” e-mail chain recounting a discussion that’s irrelevant to you and 47 of the other 50 CC’d addressees. Or it could be the important deadline you overlooked because the task and due date were buried somewhere in the middle of a rambling narrative, the subject line of which failed to differentiate it in any way from the inescapable rising tide of inconsequential flotsam already choking your inbox.

There was a half-joking idea years ago about air dropping PowerPoint software on adversary nations and watching their productivity grind to a halt.

the Italian forces there not only provided Mr. Holbrooke with a PowerPoint briefing, but accompanied it with swelling orchestral music. Gen. Stanley A. McChrystal, the leader of American and NATO forces in Afghanistan, was shown a PowerPoint slide in Kabul last summer that was meant to portray the complexity of American military strategy, but looked more like a bowl of spaghetti. “When we understand that slide, we’ll have won the war,” General McChrystal dryly remarked, as the room erupted in laughter.


as edward tufte says, powerpoint kills

The hit list nomination process is the strangest of bureaucratic rituals: Every week or so, more than 100 members of the government’s sprawling national security apparatus gather, by secure video teleconference, to pore over terrorist suspects’ biographies and recommend to the president who should be the next to die. This secret “nominations” process is an invention of the Obama administration, a grim debating society that vets the PowerPoint slides bearing the names, aliases and life stories of suspected members of Al Qaeda’s branch in Yemen or its allies in Somalia’s Shabab militia.

Dan Hon noticed that Star Trek’s meetings and conferences always involve military officers, usually occur with ample time for preparation, yet invariably has them just talking to one another. If there are any graphics involved, they are simple, concise and expressive. This is of course nothing whatsoever like any military on earth or off it. So Hon decided to photoshop what such meetings would actually entail: PowerPoint, and lots of it.