Brian Gongol

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It's presumed consent unless the individual has declared otherwise

It's a largely Muslim region in China's far west, where riots in 2009 led to about 200 deaths. The anniversary of those riots could be cause for additional violence.

The constitution has been suspended, and the military says that the chief justice of the constitutional court is in charge. Egypt has 85 million people, making it the 15th-most-populated country in the world. It has more people than Germany, France, or the UK.


It's probably going to become harder to offer them

A lot of people paid attention to a few decisions from the Supreme Court of the United States last week, but not many of them read the decision in "Adoptive Couple v. Baby Girl". They should. If it's a reflection of how the court operates generally, then we're in good hands. The decision (in a case about an adoption that was derailed by a Federal law) was 5-4, but not along the kinds of ideological lines that people like to draw. Alito wrote the decision, Thomas concurred but argued that the law itself was Constitutionally flawed, and Breyer concurred but added questions he thought were left unanswered. Sotomayor wrote the primary dissent, to which Scalia added his own twist with a question about the language of the law itself. Each of the opinions is thoughtful and interesting, and if they are at all representative of how the SCOTUS goes about its business, then we should be quite pleased with the justice we get in return for their salaries, no matter how we feel about any particular decision.




China isn't just ripping off intellectual property with patent infringement...it's actually building full-scale cities that are intended to mimic the look and feel of other places. Whatever they produce by those means, it'll never be as good as the original. If you don't understand the process of how anything (a book, a machine, or even a city) came into being, you cannot adequately copy it by reverse-engineering. It's impossible. The process determines the result.

They're trying to morph the search engine into an "intelligent fabric" for building applications and services that depend upon searchable information

The state is wrapping trucks from the Iowa Alcoholic Beverages Division with tourism-themed graphics. It's a decent idea for making use of the trucks, since they're on the roads already. Now, as to whether it still makes sense for Iowa to retain state control over the sale of alcohol? That's a different story.

A Texas teacher retires after 40 years of wearing the same polyester shirt and sweater on picture day. The guy deserves credit for taking the long view on a joke.

Companies that are making their fortunes off the Internet -- like Apple, Google, and Facebook -- are building some of the most radical architecture on the market right now. But one might ask: What happens in the future, when those companies run out of gas? It's impossible for any of them to consistently make all of the good decisions necessary to stay on top indefinitely; their respective rises to prominence have largely to thank weak competitive markets and innovative new ideas at the start of certain Internet industries (e.g., searching, mobile music, and social networking). Staying on top is much harder than getting there when the market is nascent. So will these giant buildings someday look a lot like Ford's River Rouge plant?

Former Governor George Ryan was released on Wednesday

The stem-cell transplants were used to cure the patients' lymphoma, but it may have had the secondary effect of curing the HIV as well

Iowa City jeweler Mark Ginsberg has a 3D printer that he uses to produce models of hearts and other organs to help University of Iowa surgeons when planning tricky surgeries

Civilian oversight is essential

Computer glitch causes 70% of the show to take off at the start of the program

German ad agency figures out how to transmit audio commercials via train windows, and thus by bone conduction, straight into passengers' heads. No word yet on whether it will be used (but mark these words: it will, eventually).

Herbicides have been successful for so long that the weeds that weren't susceptible to them are now gaining ground (since their weaker cousins have been killed off by the chemicals). It's going to make life harder in agriculture.

They're broadening access to the core services of the Bing platform, and trying to turn it into something that program developers can use to build applications and integrate seamlessly into more of the things that people use when connected to the Internet. It's going to start off mainly as a service for the refreshed Windows 8.1 to be released later this year, but it's likely to find wider application later on.


Early reports suggest the train was parked uphill and that the brakes either failed or weren't properly applied, causing it to run downhill. It was carrying tankers full of oil, and the crash caused an explosion and fire.

Possibly because the funds usually require matching spending by the locals, and municipal governments aren't necessarily flush with cash right now. It's very difficult to get the right combination of foresight and political motivation to pay for infrastructure maintenance and upkeep. It's not always easy to get the funding together for the initial construction of a capital project -- though anything that invites a big ribbon-cutting is usually good for at least a few votes. The Archway Monument over Interstate 80 at Kearney, Nebraska, has run into hard times just a few years after being opened, and now the parties involved have to figure out whether to spend the money to keep it open, or pay a big bill to tear it down.

Niall Ferguson suggests so in a recent "Wall Street Journal" column.

The president has been deposed in a coup, and now the opposition groups that led the protests that brought about the coup are trying to decide who will take over (and it's not a settled process). Meanwhile, some supporters of the ousted president are pledging to put him back in power. Whether Morsi was any good or not, it should make everyone nervous that there's this much instability -- and such a crisis of process -- in a nation of 85 million people. Is the military's intervention good for democracy? That's a tough sell.

The watch synchronizes with Android and Apple smartphones, because now it's too much work to reach into one's pocket to retrieve one's phone


People form very strong opinions about what they saw, even when they're completely wrong. A BBC News article about the crash quotes a passenger who says "the plane appeared to be coming in too fast", and a witness who says that the plane "looked out of control" as it came in. But the very first conclusion shared by the NTSB is that the plane was "significantly below" standard approach speed. In other words, it wasn't "too fast" at all -- it was way, way too slow. And as for being "out of control", one can see quite clearly from a crash video shown on CNN that there was nothing visibly "out of control" about the approach. And early on, the Associated Press was quoting an eyewitness who said the plane cartwheeled, when it clearly did not. They have since revised the published version of the story to remove the cartwheeling reference, but it was clearly used in the original. The fact we have so many erroneous observations from eyewitnesses that contradict the evidence just goes to show that you cannot accept eyewitness testimony without corroborating evidence. It just isn't reliable.



People recording everything around them with Google Glass will probably bother everyone sooner or later

Earthquake shock waves travel quickly, but not so quickly that early detection couldn't help save lives. If a seismic wave travels at 1 kilometer per second, that means a place 20 miles away from an epicenter could have half a minute of warning before the shock arrived. Even just a few seconds could be enough to shut down industrial processes, bring trains to a stop, or close off bridges and tunnels to traffic.

A stuffed animal left behind by a child got some extra attention and a return to its owner

Look to the wedge action caused by the cold air moving in below warm, humid air

In the HPV vaccine, we have -- literally -- a vaccine against cancer that proves so effective it lowers cancer rates by more than 50%. This is a remarkable breakthrough.

One big supermarket chain will absorb another. It's worth asking of any merger: Is this the most effective way the company could deploy its cash and other resources in order to bring its owners more money? Sometimes the answer is yes...but with many mergers, the answer is no.

(Video) The level of programming detail involved in creating this role-playing game devoted entirely to behaving like a sociopath is...well...a little disturbing. Impressive, but disturbing.

Microsoft is out to fix a half-dozen critical vulnerabilities in its products. The company is also introducing a new policy to require app developers for its Windows Store and other app sources to fix vulnerabilities in 180 days (or less, if it's actively being exploited).



(Video) Very interesting reflections


And with that division, "WGN" and the World's Greatest Newspaper will no longer be under the same roof

And it will hurt more at an accelerating rate, since additional interest owed will just turn around to compound the total debt. But that may take a while; Ben Bernanke says rates will stay low for a long time.

There's a dynamic tension between rational economics and animal-spirits trading, and it ain't pretty.

It's rumored to be called the Moto X, and Google's putting a whole lot of money (possibly $500 million) into marketing it for sale with all four major national carriers this fall.

The Lumia 1020 is a Windows-based phone, and with photographic resolution like that, users can actually make use of digital zoom.

So says a group linked to Al Qaeda in response to the ouster of Egypt's president

Fortunately, the Ethiopian Airways jet had no passengers aboard at the time

A small handful of companies have 100-year business plans. Most should.

How long are the records kept, and on whom? It should also be noted that much of what is done online is also being tracked.

So, with that in mind, it should be no surprise that the Air Force pays a lot more attention to manned aircraft than unmanned. The system is designed to promote pilots. That doesn't make it right or wrong; it just makes the outcome predictable.

A woman claims she had "visions" that told her where to find the body of a missing boy. But let's examine the evidence: The body was found on the property of his family's home, which was a highly likely place to search. And the body was actually located when her kids (10 and 12 years old, mind you) smelled the body and saw a mound in the dirt. None of this -- not one thing -- suggests anything other than a hunch (backed by a little use of Google Maps) that is convenient to back-fill with a good storyline about "visions" and a little dramatic license. ■ What reasonable person, legitimately believing him- or herself to discover a dead body, would bring along two pre-teen children for the search, undoubtedly leaving them with terrible memories for life? But, no...this story will be used to legitimize the role of self-appointed "psychics", who waste the precious resources of law enforcement and give worried families false hopes and fake reasons to grieve. ■ Everyone has intuition -- that's just the result of the subconscious mind assembling conclusions while the conscious mind isn't paying attention. And some people may be better than others at assembling those intuitions -- but there is still no evidence to prove that anyone has psychic powers of the type widely claimed in these cases. Purely by coincidence (and practice), "psychics" will occasionally get a call right, just like some people will win lotteries by choosing their children's birthdays. There is no magical power behind it -- and anyone who claims that there is must show the evidence to be believed. ■ A great way to lose an argument is to overstate your case. "Psychics" overstate their case, when they could be saying "I have a hunch, and I think my intuition is better than yours."


The parasite cyclospora (which causes the illness cyclosporasis) has been found on vegetables being sold in Iowa and Nebraska, and it's making people sick. According to the CDC, "This most commonly occurs when food or water contaminated with feces is consumed." And now you know why safe, reliable public systems for sewage disposal and clean drinking water are essential.

The convenience-store chain ranks nationally as a pizza franchise, thanks to the in-store pizza sales. Now Valentino's, a Nebraska-based pizza chain, wants to mimic the success by working its way into convenience stores.

That is, from a credit perspective. The baseline US home mortgage rate tracks very closely with the 30-year Treasury rate. So closely, in fact, that it explains almost precisely why mortgage rates have jumped so much in the last month -- Treasury rates have jumped, too.

The law was intended to crack down on slot machines, but it's pretty hard to distinguish electronic slot machines from other computers, particularly when the legal definitions are imprecise.

Show notes for the WHO Radio Wise Guys, airing at 1:00 pm CT on WHO Radio.

36.31% of voters are independents, 31.86% are Democrats, and 31.83% are Republicans. The Democrat/Republican split is so small, the difference wouldn't even fill a quarter of the Civic Center in Des Moines.

It's widely argued that when the average CEO of a top-200 US corporation gets 200 times the yearly compensation of an average employee, there's a problem of fairness involved. That may or may not be true; fairness is a difficult thing to measure correctly (even if something does smell a little rotten about it). But from a capitalist perspective, it's well worth asking whether that kind of pay imbalance is efficient -- that is, whether it's likely to deliver the right set of results to the shareholders of the company. Since shareholders are the owners of the business, they should be acutely interested in how compensation is doled out. And if the CEO is getting 200 times the pay of an average employee, it's worth asking: Is that CEO delivering better ideas than a cadre of 200 smart employees would? There's a very, very good chance that the answer to that is a resounding "No" -- which tells us that many executives are more skilled at extracting really high salaries and bonuses than they are at making their shareholders wealthier.

Recycling of a different sort

It will remain a digital publication, but the market no longer sustains a printed edition

A lot of people bristle at the thought of sanitizing their Facebook and other social-media profiles in pursuit of employment. But there are a lot of people who also see fit to advertise that their objective is to skirt by with as little effort as possible in the workplace -- and if they're advertising that by wearing shirts and repeating slogans that mock actual labor and enthuse about wasting time on an entertainment site, then their potential (and actual) employers would be stupid to ignore that.



And seeks to sell the newspapers

And the policy has been that way for years.

The world needs to get its house in order








Take a minute or two and conduct some basic self-screenings for cancer. Early detection saves lives. There's lots of misinformation about cancer that finds its way around the Internet, largely because we've been trained to wait expectantly for some sort of magic-bullet solution to cancer. But cancer risks can be significantly reduced through a balanced diet, exercise, and early detection and treatment. Meanwhile, science is making great progress towards improving genetic detection, which holds great promise for some types of cancer. Instead of forwarding hoax-ridden e-mails about "cancer cures" and false threats, people should instead remind their friends and family to assess their health once a month.

And pension promises won't be held sacred. Every retirement-savings system comes caveat emptor -- even pensions.





(Video) It's part of the Microsoft Virtual Faculty Summit

This time, adding tabs to categorize different types of inbound messages

Coal-powered plants are being retired and nobody seems to want to build much nuclear. So expect to see a lot of wind generation and natural-gas power plants in the future. What we really need are energy-storage breakthroughs so that the inconsistency of wind and other renewable power sources can be wrangled under control to meet demand at the time it's needed.

And whether that turns into something significant depends upon whether the drop (from an average of 9% to the recent 7.5% annual rate of growth) stabilizes, turns around, or falls even more. It's impossible for China to grow at 9% forever, but it's such a large economy already that major changes will have ripple effects throughout the world. One writer argues that China's been using inefficient investments by state-owned enterprises for a while to prop up the economy when things slow down -- and that they'll have to stop doing that (investing inefficiently) if they want to have any hope of growing in the long run. It's been noted that China's state-owned companies are the worst performers in the country, and that companies in China are having trouble locating workers at the right price. Considering that China has been using its low-cost labor as a competitive advantage in world trade, worker shortages will mean higher wages and thus an erosion of the advantage.

He applied solid research on data to the 2012 elections and had a good grasp on the outcome well before Election Day. Now, he's apparently going back to crunching numbers for sports. Having revealed (or created) significant demand for statistical analysis of election data, one wonders whether Silver will have successors at the Times and elsewhere.

West Des Moines, Ames, Iowa City, and Cedar Rapids. It is well worth noting that West Des Moines, Ames, and Iowa City are very similar in size (59,000, 60,000, and 70,000 people, respectively), and Cedar Rapids is slightly larger at 128,000. There's a good chance that if one were to really drill down into the data, they'd find that the 50,000 to 75,000 population range is a sweet spot for municipal success and stability -- large enough to develop a good, sustainable commercial tax base, but not so large that government agencies are too big to manage.

This is probably the very best signal that the era of conventional television programming dominance by networks, cable, and satellite systems is at the beginning of the end

That may be a harder question to answer than one might expect

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Notes on the "Brian Gongol Show", airing on WHO Radio Sunday night at 9:00 CT

Notes for "Two Guys Named Jim", airing on WHO Radio Sunday night at 6:00 CT

Rest assured that if Jim Cramer has thought of using it, so have other people like him who are still involved in high-stakes stock swapping

State-patrol departments from 11 states will be increasing traffic enforcement along America's most important highway

At least for the time being. They're not a satisfactory solution to traffic safety; it makes much more sense to take a design-engineering approach, which usually calls for longer yellow lights and longer delays between red lights and green lights in intersecting directions of travel, or traffic circles instead of intersections when appropriate.

There's no simple answer as to why -- but it's certainly a welcome development. And on a semi-related note, Omaha has a new mayor whose chief of staff is doubling as a security detail.

In other news, it's 2013, and people still recognize heads of state on the basis of heredity.

It's a massively worthy effort

Fewer people are playing the game, which makes it harder to make ends meet. This should highlight the risk in public financing of facilities for any popular leisure activity -- including big sports stadiums. If golf can fall from grace, so can football (for instance).

It is terribly catchy, but that may just be an acute case of 80s nostalgia doing the talking





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The Obama administration dedicates lots of talk to lots of subjects, but seems not to know what actions would really help the economy


At least, according to the "Equality of Opportunity Project" study by researchers from Harvard and UC-Berkeley


Toyota engineers made New York charity more efficient. That's better than throwing more money at the problem. Teach someone to fish, rather than feeding them for a day.











Microsoft still can afford to make a lot more mistakes than any other major tech company



It's growth, yes. But if we're not getting substantially better per-person at what we're doing, then we're doing something wrong.



It's hard to conceive of just how close we pushed ourselves towards extinction back in the Cold War



Some people are taking hints from Google that the company is shifting focus. News aggregation on an ultra-local basis wouldn't exactly be a change of focus -- but it would certainly be different from organizing the information locked inside the world's printed libraries, for instance.

There have always been stupid people. What's new is that stupid people have access to worldwide platforms to share their stupidity. We trade-off this exposure to stupidity for access to the world's great ideas, which are now available faster and more broadly than at any point in human history. For instance: Guacamole deviled eggs, which apparently have existed for at least six months. That is altogether too long for such a great idea not to have been brought to one's attention.

It was initially reported that a Long Island couple got a visit from police because of what they'd been searching on the Internet from home. It was later clarified that suspicion was aroused because of what one of them had searched about from work, at a job from which he had been released. Either way, it has a dreary overtone to it. Is merely searching for a topic from a work computer enough to give the police probable cause for a visit to one's home? Can one be curious how, for instance, a nuclear weapon might be built, without arousing suspicion that one is thinking of building said weapon?


They're digging a tunnel from west to east across London. It's huge.

(Video) The Jimmy Fallon/Roots stunt remains funny, even after several iterations

That's a tough sell

Notable: It has a 10-megapixel camera

Which means that many Americans pay more in sales taxes than they save for the future

What's likely needed for many people is a better shot at climbing the economic ladder. That requires good educational and training opportunities (which is a community problem) and personal motivation (which is an individual one). Pandering on the minimum wage may be funny, but it eludes the sober reflection required to make sense of the issue.

Apple's iOS is still #2, with little falling to any otehr systems. That means there's still a decent place for a #3 competitor, if commonplace patterns hold true.


The principal owner of the Red Sox is buying the paper and its associated properties for a tiny fraction of what the New York Times Co. paid for it in 1993. Note that people paying high prices for Facebook stock need to take notice: Major media properties can plummet in value over time.



The idea of lab-grown meat is going to take a while for most people to digest (psychologically), but in the long run, it's an idea that we should do our best to get right. The more we can do to satisfy the world's food needs, the safer human civilization itself will be...and if that requires some novel, innovative, and mind-bending experiments along the way, then so be it.

Better than dogs playing poker

They aren't getting the kind of hits per dollar that the market returns for most every other team

If your home airport isn't a major hub, here are the airplanes that are coming soon to a terminal near you

Chuck Klosterman's 2005 column still resonates -- even though we don't want anyone to take away our choices, sometimes it's satisfying not to have to decide

But the choices that would have prevented it needed to have been made long ago and weren't. George Will argues that those calling for a Federal bailout of the city claim to bow to forces as great as a hurricane -- but that those forces are nothing more than the result of irresponsible popular choice. It's very difficult to see a durable solution to the city's problems when many adults aren't even literate to an 8th-grade level. That's a problem so deep that no quick fix is going to work. The state of decay in the physical infrastructure of the city is haunting.

That's the plan to provide WiFi Internet access over huge geographical areas with the help of high-altitude balloons. Great for consumers, but Google investors will probably come to regret some of the company's (literally and figuratively) lofty ambitions someday.

The people who make the pieces behind the scenes that become the products that other companies assemble can give a decent reading of the tea leaves as to the health of the real economy

Alex Rodriguez is going to challenge his suspension from Major League Baseball, and that challenge means an appeal before an independent arbitrator. Consider the number of individual things that weigh on whether the outcome of the process is "fair": The independence and conscientiousness of the arbitrator, the process for revealing and reviewing evidence, the weighing of the rules applied, the circumstances -- including the law -- under which the rules were instituted, the length of the suspension, the cost of the suspension (to the suspended and to his team), the potential deterrent effect of the judgment, the benefits to be gained by breaking the rules, the implicit costs of not breaking the rules, the toll of a rules violation on the integrity of the sport, and the impact on fans of the sport...among many other factors. How does one measure "fairness" in terms of the damage done to the careers of pitchers, for instance, who played by the rules when certain batters did not? (It certainly could have conferred an advantage to pitchers had the roles been reversed.) Can anything be done to compensate them now? What about the potential deterrent effect of a punishment? Does that "make whole" the damage done to players who may already have retired from the game? The point is that "fairness" is an enormously difficult ideal to achieve.

Parents don't want their recommendations contaminated with kids' choices, and vice-versa, and the quality of the Netflix recommendation engine is best used on an individual basis. Letting people share the cost of an account while still getting individualized recommendations is a wonderful feature.


Bridges are just physical manifestations of human knowledge


Senate candidate Cory Booker got equity in a startup firm

No boom, no bust

In order to buy things (like houses) from their seniors, younger people in the UK have to borrow. They're borrowing the cash...in essence...from the people selling the homes. That makes for a glut of cash available for supposedly low-risk investments (like houses), and thus low returns for the savers.

A LinkedIn columnist praises big, brassy, over-the-top ways to quit one's job. Talk about a pointless exercise in self-absorption. What is the point of making a scene, filming it, and then posting it for the world to see? It's just a tantrum.


One thing is clear: If the newspaper (and its small group of affiliates) is losing $100 million a year with no clear end to the freefall in sight, then paying $250 million in cash to buy it signals that Bezos thinks the cachet associated with the name itself is worth at least $1.5 billion to $2 billion. A handsome sum for a trophy, but he can certainly afford it and may very well have brilliant plans for turning the tide.

The Onion lampoons, but the point is thoroughly true

Berkshire Hathaway -- the conglomerate controlled by Warren Buffett -- is going to issue bonds priced so that the buyers will be lending the company $600 million at an interest rate of 0.95% for three years. That rate is so low that inflation will undoubtedly exceed the cost of the interest itself -- meaning that the lenders, in real terms, will actually be paying Berkshire for the privilege of lending the money. Truly an extraordinary set of circumstances.


Interesting obituary profile of a woman who broke into architecture before many others

People who got five doses of the vaccine appear to have developed immunity. But it was a small trial, and it's hard to get anyone to want to suffer through five doses of a vaccine requiring injection into a vein, so it's some distance between this and a practical vaccine. But it's a good sign.

The Senator was responding to The Guardian and its request for information based upon documents leaked to it by Edward Snowden. President Obama seems to be reacting to some of the public outcry on these issues with some limited steps towards greater civilian oversight.

TechCrunch asks a good question, particularly in light of AOL's plans to cut staffing at the online local-news source. The route ahead for local news is for established institutions (small community newspapers) to learn how to use the Internet effectively. Trying to start up a network with a national footprint and a national template (as Patch has done) really doesn't quite do the trick. But, unfortunately, many newspapers don't understand how to make the leap to digital.


Truly heartbreaking. Parents absolutely must help their kids navigate the hazards of the Internet age, even if much of what's happening and changing seems fuzzy.

They've been charging beta testers $1,500 -- but there's published speculation that the retail price will be more like $300 -- or 80% off. If true, that would make the gadget much more likely to attract a widespread following, though there's still a great deal to be done to reconcile both law and cultural norms with the possibility of always-on video recording. The difference between the beta-tester price and the supposed retail price also suggests that this may have been the most cunningly-funded R&D project ever.

Wired Magazine calls it "an end to the Hacker Way". But given the number of times Facebook has changed things without much notice to its users (and the frustration users have felt as a result), an end to the perpetual change might be of merit.




Important to know if you invest. Or earn a paycheck. Or draw a pension. Or take in Social Security. Or buy things. Or borrow money.

Their approach to sorting your news feed includes a change to the algorithm, which gives higher priority to news from people with whom you've recently interacted. Which means the more you hear from certain people, the more you will hear from and about them -- and the less from others. Not necessarily a good thing.





Dubuque Street is one of the very few thoroughfares from I-80 to the university campus. Work needs to be done on the interchange with the Interstate, but couldn't they have scheduled that work for some time other than the start of the fall semester?

And the President is having his dog airlifted in for vacation. Whatever the reality is, this imagery doesn't look like the administration is attending to a serious situation. Oh, but they definitely have time to try to block the US Airways/American Airlines merger.



A warning many have been seeing on their Android smartphones recently; Google seems to think the problem has been cured




The bust after the last oil boom really tweaked the state

He notes similarities between the contribution that shipping containers have made to the modern world and the missing components he think would make the biggest contributions to fixing problems like malaria in poor countries and low educational standards in the US.

A police officer in Cedar Rapids asks


The world's 15th-largest country is in a state of emergency. That puts 85 million people under martial law. Oh, and 8% of world trade, including 3% of the world's oil supply, passes through Egypt's Suez Canal. That seems to demand something more than waffling by the State Department.

A Facebook posting laments, "If the USA can't afford to provide basic medical care, feed the poor, protect the environment, maintain our infrastructure, or teach our children anymore, then what exactly is our bloated [sic] military budget defending?" Putting aside the implication that the military budget is "bloated" (which it may be or not), the sentiment in theory is fine -- but the implicit assumption behind the post (and its admonition to "Go left") ignores the process. We can wish for many good things to happen, but environmental protection and infrastructure investments don't just happen because someone in government authority wills them. They can only be funded by a healthy and free economy. The poor are fed by high-yielding crops (brought to you by research and development by seed and fertilizer companies). The public infrastructure must be maintained by a great deal of tax money, but it's generally built by private contractors -- and the investment in plant and equipment by private companies (like Toyota's $2 billion in plant expansions and MidAmerican Energy's $1.9 billion in wind-power generation and the plans by BNSF to spend $4.1 billion on railroads and equipment) can't be overlooked, either. And don't even bring up the environmental records of socialist economies: Market economics are the best thing to happen to environmental quality. The lazy and ill-informed assumption that what we need is a leftward tilt -- away from market forces and towards greater government control over the economy -- assumes too much about the desirable goals and thinks too little about the process of achieving them.


Maybe he's really 123 years old; maybe he's not. But it's still astonishing that there isn't a more deliberate push by us -- as a species -- to push the boundaries of what we think our lifespans should be. Two root causes are likely at play: First, people confuse growing old with a decline in their quality of life. That's absolutely unnecessary; George Burns and Norman Borlaug were happy, engaged, and active well into their 90s, so we need to separate the notion of "aging" from the notion of "feebleness". Second, we culturally resist acknowleding that death even exists, which in turn makes it hard to take seriously the idea of prolonging a viable, healthy life. Death really is Public Enemy #1, and we should treat it as such. Other living organisms routinely live into multiple hundreds of years, and we are rapidly developing the technology to replace our own failed organs with new ones from our own cells. That means we should, in theory, be approaching a stage in which we can do an end-run around nature and perpetuate ourselves well beyond what might have been our otherwise natural expiration dates. And if we truly think that age can beget wisdom, and that wisdom is a good thing to be used and applied, then we should quite reasonably think of prolonging healthy lives as a means of increasing the world's human potential (an economist would say "human capital") at an exponentially-increasing rate. Had people like Thomas Edison or Albert Einstein or Benjamin Franklin lived to be 150 or 200 years old, wouldn't we all be better off? Capitalism in liberal democracies works because it nudges us all to work hard and (more importantly) helps reward and encourage the occasional genius who can truly leverage big improvements in the quality of life for us all. Anything we can do to perpetuate some of our real geniuses would be a good thing.

America's economy only got more productive at a sub-1% annualized rate over the last few months. That's just not good enough.

That the government has acknowledged the existence of Area 51 as a test area for aircraft isn't quite the step towards more transparent government that we should all be demanding. Area 51 conspiracy theories are for the tin-foil-hat crowd. Meanwhile, we're really not doing enough about government surveillance.

Program notes for the WHO Radio Wise Guys, airing Saturday at 1:00


Take a minute or two and conduct some basic self-screenings for cancer. Early detection saves lives. There's lots of misinformation about cancer that finds its way around the Internet, largely because we've been trained to wait expectantly for some sort of magic-bullet solution to cancer. But cancer risks can be significantly reduced through a balanced diet, exercise, and early detection and treatment. Meanwhile, science is making great progress towards improving genetic detection, which holds great promise for some types of cancer. Instead of forwarding hoax-ridden e-mails about "cancer cures" and false threats, people should instead remind their friends and family to assess their health once a month.

The Register's own story on the promotion includes this unusual line: "[T]he Register has accelerated its transformation from a traditional newspaper operation to a multimedia company, reaching readers and serving customers in print and the digital space". One would think that a copy editor (were there any left) would be aghast at the use of language like "the digital space".


The reign of the crazy people seems to be dead and buried at an important heritage station

An inmate escaped from the Clarinda Correctional Facility, shot a sheriff's deputy, and took a couple hostage in the middle of the night at their farm house. After a few hours, the homeowner got his shotgun and killed the escapee. This kind of story is exactly why debates over guns in America sound totally different to people living in urban areas than they do to people living in sparsely-populated areas. There are places in America where there simply isn't going to be a police officer patrolling nearby for many hours, or even days. In those places, gun ownership is a lot less about "clinging" to something out of some kind of romantic notion of the Second Amendment than it is simply a matter of having a tool. That doesn't mean there aren't plenty of gun nuts in rural and urban places alike -- just that the rules, expectations, and needs are very different in rural America than they are in big cities.


Lock your phone using a pass code, and use a smartphone antivirus program that allows you to wipe the phone by remote if necessary


That's nearly twice the entire population of the United States. And none of them get to use Yahoo anymore.

He's quite right about his analysis of the company, but he's taking a serious risk by shorting the stock. Markets can remain irrational much longer than you can remain solvent. Timing the moment when people wake up to reality is incredibly tough to do.

Illinois is getting a 70-mph speed limit on rural Interstates

Warren Buffett's 1975 letter to Katharine Graham (of the Washington Post) about pension investments is brilliant stuff

The British "suspect that our surface friendly optimism might possibly be fake"

A 2009 study by a Canadian author concludes that the immigrants who come to the US at college age tend to be the ones who do the best by immigrating. Coming over at a younger age appears to make them very comparable to native-born Americans, and those who come later tend to have to play more catch-up in the job market.


So writes a judge on the FISA court, which is assigned to watch the NSA

(Video) A giant Russian hovercraft landed rather unexpectedly on a packed beach

(Video) An exceptionally simple but powerful visualization of where the world's nuclear weapons have been used and tested

While you can do as one hacker did and break into Mark Zuckerberg's own Facebook wall, the company seems to prefer that people follow their pre-approved method for demonstrating security exploits.

Watch how closely the trucking industry responds to changes in fuel prices, and how much they're willing to invest in order to manage that cost. Expect to see the same kind of intense interest when it becomes possible to use vehicle navigation and control systems -- that is, semi- or fully-autonomous trucks -- to cut down on the cost of paying drivers. It'll probably start with systems that allow a driver to go longer without actively managing the vehicle (thus potentially reducing the requirements for crew rest) -- but don't be surprised if it quickly leads to small convoys with one or two human drivers and one or two "drone" trucks.

The whole point of the amendment is to ensure that the sovereign public can keep their government in check. Once that power is thrown into question, the nation is in serious trouble. Not irreversible trouble, but serious trouble nonetheless.

Here's one way to look at the question of "What's next?": Is the situation such that, if given the choice, you would make a financial contribution to a mercenary armed force in order to intervene and attempt to halt the warfare there? ■ If yes, then what would distinguish that act from funneling money to the rebel groups in Syria (no matter what their motivations might be)? How would one morally distinguish that act from funneling money to what the rest of the world may see as a terrorist group? ■ If no, then is there a financial, moral, or other difference between that act and sending in armed forces under the UN banner or some other alliance? Are costs and choices like that somehow subject to a different kind of scrutiny when public funding is involved, rather than private spending?

Kiplinger's analysis (and the Omaha World-Herald's story on the report, which named Omaha #1) called it a list of "Best cities for cheapskates". The Register (of #3-ranked Des Moines) took the more tactful route: "Iowa and Midwest dominate Kiplinger list of affordable cities".

A University of Minnesota study indicates that people who grew up poor, when exposed to stressful economic conditions as adults, tend to make shorter-term, higher-risk choices than people who grew up with more financial security. That impulsivity and risk-affinity, perversely, puts them at higher risk of ending up poor as adults, too.

Present rules seem to generally limit their use to Amber Alerts for child-endangerment cases. But what about abductions of adults? It would seem that the failure to use them for cases in which a person is known to be at serious risk of bodily harm would be a missed opportunity to do good.


It's way too easy to think that people in poor countries are poor because they lack skills or motivation. The truth is that the only real difference between many of them and many of the people in wealthy countries is that some people happened to grow up in places with the right environment (free markets under the rule of law, with a well-developed infrastructure) for their skills to prosper. Warren Buffett, for instance, acknowledges that he was lucky to have been born in the right place at the right time for his natural talents to be useful. Want to see the world prosper? Get the right processes and systems in place for as many people as possible.

Smartwatches will really mark phase 1 in the era of wearable computing

They'll have to pay some users whose names were used in ads without those users' direct consent




One doesn't have to go to the kinds of extremes that AJ Jacobs does, but focusing on a single task is a much more efficient way to get things done than trying to do too many things at once

WGN-TV is going for a six-hour morning news show. And to think that the "Today" show was just two hours long as recently as the turn of the century.


Under the "jobs" excuse, virtually any kind of productive (or non-productive) behavior, subsidized heavily enough, can pass political muster. Instead of paying film crews, one could pay people to walk around with bullhorns screaming the name of the city, or smashing streetlights, or turning over garbage cans, and say that "jobs" were "created". Is that good enough reason to do it?


A surplus, that's what. A lesson in basic economics for those who are striking for a $15 wage at fast-food restaurants. Most specifically, we would likely see a surplus of youth workers (in other words, high youth unemployment) if we raised the minimum wage dramatically.

It seems like a ridiculous request to have to place, but it may simply be necessary in the future for police and other emergency agencies to acknowledge that people are going to use whatever tools they want in order to reach them. For now, it's certainly reasonable to expect people to pick up the phone and dial 9-1-1...but in the not-so-distant future, they're going to have to become more like private-sector businesses that have to take customer inquiries in whatever form they're submitted -- phone, fax, e-mail, text message, tweets, Facebook posts, LinkedIn requests, and so on. There was a time when the police had to adapt to using phones in the first place; we need to act quickly to make sure our public agencies are properly equipped to take reports in whatever form they are submitted tomorrow. (Meantime, the public needs to learn which systems are considered "five-nines" reliable for submitting emergency information, and which are not. Hint: Only the phone makes it to five nines.)

That's greater than the entire population of South Dakota.

An interesting dip in the sociological pool

The ICN (Iowa Communications Network) is a statewide fiber-optic network, and the state wants to sell it -- but not at the prices offered.

That 45% is currently owned by Vodafone

Being an ex-lover of the dictator apparently earns one the death penalty


A dictator has used poison gas to kill well over a thousand people. From a moral standpoint, the world has to view this as an unequivocal case for intervention. As the President said, there's no purpose to having international agreements prohibiting the use of chemical weapons if there's no enforcement. But as The Onion nailed in its inimitable fashion, the morals may be clear but the execution is a Gordian knot. The decision to go to Congress for approval to act looks like a political punt (since the thought of any more military action appears to be deeply unpopular inside the US), but even if it's a punt, it's also about time that Presidents get back to getting authorization from Congress before going to war. And on that note, if someone someday figures out the secret of time travel, they'll want to visit John Kerry in 2004 and see the look on his face when they tell him that as Secretary of State, in less than a decade, he'll advocate military action against a Ba'athist dictator who uses WMDs (weapons of mass destruction) against his own people. Nothing about this is pretty or pleasant, but there's no case to be made for standing aside with massive atrocities taking place.


So what are they going to do to return that money to the business owners?



Americans spend a lot of time talking about global competition as a threat. But competition flows in both directions -- witness the massive flow of investment money into the United States as the US Treasury rate has risen; that flow of investment has been negative for many emerging-market economies. Is that fair to them? Tough to say. But the net impact of the (slow) rebound in the US economy and the resulting withdrawal of government and Federal Reserve stimulus to the US economy will likely mean painful effects in smaller countries. Just as water tends to seek its own level, investment dollars tend to seek the market rate of return, no matter where that rate can be obtained. During the slowdown, emerging markets looked opportune; with the US economy doing better, the risks involved with those other economies no longer look quite rewarding enough...at least, not to people with short-term time horizons. (It is worth noting that Federal Reserve research disputes the widely-held belief in a connection between "quantitative easing" in the US and the flow of new dollars into small-nation economies. But lots of other practicians seem to disagree.)

The Economist defines its political stance. And it's an excellent one.

And also apprenticeships. Both are reactions to disparities between what the labor market demands and what is being supplied. In the case of apprenticeships, we most certainly should expect to see further developments that seek to make the skilled trades easier to join. A very substantial shortage of skilled workers to do hands-on trade work has been hitting the Midwest hard for quite some time. Our expectations of work will continue to be challenged for a while as technology and rising living standards play tug-of-war with people's working lives.


The Economist reports on the debate between German Chancellor Angela Merkel and her challenger, and notes Merkel's means of putting the challenger in his place.

Routinely and frequently sharing your location on the Internet isn't a very good idea, anyway, so this shouldn't affect a lot of lives. But this is just another example of a Google service that's been cancelled. Many others have met the same end. They really want you to use Google Plus instead.

How can businesses be blamed or criticized for making that choice, when the future costs of hiring more employees remains terribly uncertain (What will health care cost? What about changes to tax rates for entitlement programs?) and when the cost of capital (like computers and robotics) keeps falling? People who are failing to prepare themselves for these trends to continue are going to regret that failure in the not-so-distant future.

Embrace them as soon as they become available; taking human drivers out of the control spot means vastly more safety, more options for people who can't (or shouldn't) drive today, and greater efficiency (of fuel, road use, and our time). It's going to be a huge win for society when these things become a commercial reality.

Squeezed between the Boomers and the Millennials, the much-smaller Generation X cohort may have a harder time keeping a grip on management roles

More than 20,000 individuals were the subjects of inquiries from government agencies inside the US. The company complied 79% of the time with domestic requests.

A lot more than they like Facebook and Tumblr...and don't even ask about LinkedIn

The state doesn't rank well for broadband Internet access, and there's no doubt that economic development will be difficult in places that don't have it.


The white paper casts the issue in terms of connectivity as a human right. But then there's also that funny little issue for Facebook that it really could use some new users, and they've pretty well saturated the market in Internet-developed countries.


Getting really drunk, then getting arrested, then telling the world about it -- not a recipe for long-term life success

Univision beat Fox in overall viewers last night, and beat both Fox and ABC for viewers ages 18 to 49.


On the positive side, they can certainly create a better environment for police accountability, and provide valuable evidence to corroborate (or correct) what people think they saw. On the negative, body-mounted cameras could make it more difficult for police to obtain confidential insights from informants.



They stay longer and have more success than external candidates

It turns out that when you conduct experiments with Western college students, you tend to get different results in some cases than when you sample the broader world



Commentary on the evolution of weed resistance to herbicides actually echoes for many things that we humans do in life. We sometimes make the mistake of thinking that because we're sentient, we're smart. Not necessarily true. While we are aware of our ability to think, we can only think in relatively linear ways. (Algebra, for example, is approached by executing multiplication, then division, then addition, then subtraction.) The advantage that Nature has over us isn't self-awareness...it's the ability to try many things at once, and in massive quantities. Thus, in a field full of crops that have been treated with herbicides, it may take only one tiny mutation inside one weed -- among thousands and thousands -- for resistance to those chemicals to appear. But once that single mutation occurs, the plant bearing those genes can reproduce and may ultimately become predominant. The same thing goes for our use of antibiotic drugs and soaps -- which we use because we are smart, but which can fail when even a tiny window opens for a mutation to thrive, leading to antibiotic resistance. These things happen not because Nature is "thinking" about it, but because the systems that define nature involve consequences and rewards that don't necessarily require thinking. There is an important lesson for us (as humans) to extract from this: There are other systems that work in the world around us as well...true forces of nature. These include systems like the laws of supply and demand. We can tell ourselves that we're smarter than those systems -- saying, for instance, that it's all the fault of economists and "corporations" that degrees in petroleum engineering pay three times what fine-arts degrees do. But the nature of the system behind those inequities is, well, natural. It isn't the result of deliberate oppression by The Man, or by a cabal of sinister people trying to manipulate the world. It's the result of supplies for some things (usually hard things, or things that aren't very emotionally fulfilling) falling short of demand at one price, and less so at a higher price. And, on the other side of the coin, it's the result of some things feeling so good that many people will do them for free or nearly for free. Nature is really the party to blame, and if we think we can overcome these natural forces by brute-force human thinking, then we're prone to making serious mistakes like the errors that riddled Soviet medicine with corruption and bad practices.

The company is going to go public, likely sometime soon. What should you take away from that news? That the people who own the shares now think they're at the peak convergence of profits and future expectations. You don't sell something when you think the market is ready to under-pay for something. Outsiders will struggle to put a price tag on the company ($10 billion, says one), but even after the full financial details are revealed, there will still be a great deal of speculation involved. (We do know that they're bringing in less than $1 billion a year in revenues.) And meanwhile, you should note that Hilton Hotels is about to have an IPO, too.

Can they continue to afford that debt burden for long?

Mortgages will cost more next year, and the Federal government is likely to back off some of the steps it's taken to prop up the housing market

A 30-foot wall of water and debris is supposedly coming down a creek towards the city

(Video)

France is headed for a more state-interventionist economy, if the government gets its way. State-interventionism tends to contaminate any market economy, but its effects are more subdued in emerging economies (like in Singapore or South Korea, 50 years ago). But in a mature economy like France? Sounds like a recipe for boondoggles, waste, and corruption. It's quite lovely that the political class there wants to dream of creating a "third industrial revolution", but the people who actually create industrial revolutions aren't working for the state. ■ The best thing a country can do if the political leadership wants certain technological innovations (like the 34 projects they'll pursue in France) is to establish inducement prizes (or, perhaps they could better be called "innovation prizes") that concentrate the rewards for actually delivering on those innovations. Governments ought to be largely agnostic about the exact steps involved in getting expensive things with public funding. Trying to micromanage a macro-economy is a really good way to demonstrate foolishness. Instead, define carefully what you want and decide precisely what it's worth to you, then publicize the prize and stay out of the way. That's how the X Prizes work. (And they really do work.) ■ Understand that for government to concentrate benefits around any particular result distorts the market -- but if there are enough benefits to the result, say, in the form of public goods, then that distortion may be worthwhile. But distorting through micromanagement and rough-edged "industrial policy" is a great way to waste the taxes taken from hard-working people. ■ France's problem is a really high unemployment rate. That, quite often, is a symptom of an economy with too little labor mobility and too many regulations on employment. (For an American counterpart to this problem, compare the experiences of the heavily-unionized automakers with the non-unionized ones. Sure, the unionized ones promised lots of benefits to the workers, but the companies' promises exceeded their capacities, and two of them went broke. The non-unionized ones had more flexibility to shrink when needed and to grow when needed, making them more nimble and thus more capable of taking advantage of shifts in the market. And thus Toyota is hiring and expanding in a big way inside the US, while the US and Canadian governments are only now getting around to backing out of owning (that is, propping up) GM. ■ It's far more defensible for small, developing countries to try a coordinated industrial policy, but to do so requires that the politicians have the wisdom and self-restraint to pull away the "punch bowl" of government protection once the party starts to heat up. South Korea used the government protection of the chaebol to spur industrialization. But the protections outlasted their usefulness, and caused the chaebol to become sclerotic and hazardous to the health of the nation's economy as a whole. The last decade or more has been spent trying to rein in the chaebol so the rest of the economy can flourish. Any government considering an interventionist industrial policy needs to think twice.

Mortgage interest rates have risen and will probably continue to rise -- but they're still at incomprehensible lows, from a historical standpoint. So will rising rates be offset by demand that's been pent-up as people left homeownership? Seems like the demand-side issue will probably be market-specific, while the interest rates will have a more universal impact.

Investments, technology, and real estate are the top three routes

Very strange indeed, but no guarantee of future security


If you air one part in spring 2014 and the next in spring 2015, isn't that really just the same as having two ultra-short seasons?

Police put out two bait cars (with keys in the vehicles) in April to see if anyone would steal them from high-crime areas. Nobody's tried yet. That doesn't mean Iowa lacks for idiot thieves; one stole an iPod and uploaded selfies to the victim's Facebook page.

The Koch brothers get a lot of heat for their political spending. But from a business perspective, they are admirable -- reinvesting 90% of their profits back into the business. It's a model worth examining by all businesses -- and by individuals and families, as well. We can't always reinvest everything, but almost all of us could be reinvesting more than we do.

As Internet service providers impose usage caps, people are finding ever more ways to use the Internet. Any firm imposing caps instead of putting new fiber-optic cable in the ground is probably one that needs a dose of competition.

Five hundred in one year -- more than New York City, by far, even though New York is much larger. Chicago needs its own Rudy Giuliani. Or maybe it just needs Giuliani. What also helps: A better economic climate.

Even when unsubsidized (at least in Australia), according to a Bloomberg analysis

He wants Ben Bernanke to come back. Related: There was very little net change in unemployment last month.

Pope Francis comes across as a much-needed revolutionary

It's being circulated as though it's a recent story, but a man really did try to rob a gun store occupied by a uniformed police officer back in 1990. He did not survive to go to trial.

But whose idea was it to come out with a higher-powered phone and a lower-tech model at the same time, and distinguish their model names only by calling one the "5c" and one the "5s"? Apple just made things too complicated for the very casual user -- and that's the market Apple should be trying to win over. The company endless ballyhoo over being user-friendly, and now that smartphones outsell regular phones, the remaining market to be conquered is the set of users who have thus far been afraid to buy smartphones for fear of their complexity. Many will go into stores and want "the new iPhone", and then get lost in the details of a "5c" versus a "5s". Oh, and there's also that complication that "5" and "S" look a lot alike. Poor branding choice for Apple, if they want to catch up with Android (or just hold their own) in the smartphone market. Don't make customers learn your codes; just give them model names that are simple and catchy to ask for. The iPhone series is turning into jargon soup.

That's too bad; the brand alliance gave AllThingsD a certain level of credibility that its all-too-casual name did not

Louis CK's thoughts on smartphones ring all too true

Players can't take off their own helmets to fight. But players found the loophole: They can take off the other guy's helmet instead. The takeaway: People in charge of rulemaking usually think they're the smartest people in the room. But, quite often, the organic response to the rules is that just one or two people will figure out a desirable loophole, and soon everyone else jumps on board. That's the way of nature -- we spray for weeds or take antibiotics, but when corners get cut, nature finds a way to poke through, and we end up with herbicide-resistant weeds and MRSA. That's why we should always be skeptical when politicians and policymakers think they have all of the answers to the world's problems. Often, they'll just impose more costs on the public generally, while the worst offenders find the loopholes. Our best defense against the worst abuses in many sectors is often to mandate transparency and educate people to deal with the information they get. The bizarro world of investment banking wouldn't be nearly so profitable as it is if people took the time to understand money as well as they understand fantasy football, and then withheld their money from those who charge fees disproportionate to the value they create.


Fortunately for the company, there's such a franchise built around Windows with so much ongoing earnings power behind it that they can afford to make big mistakes while finding other income streams.

Silicon Valley isn't quite an open meritocracy. More often than not, people went to the "right" school or already know the "right" people. Which in turn suggests that there's some real opportunity to be had funding projects by people with good ideas who are outside those existing networks. But startups are speculative by nature, anyway, so which of those risks are worth taking?


Their electronics are on borrowed time, and nobody wants an accident to happen. Fixing them will cost about $10 billion, which (with a population of 316 million) is about $32 a person.

Not a great deal, at least not structurally. Iowa and other "brain-drained" states need to stop obsessing so much over where recent graduates choose to live and think more about making sure the tax and regulatory environment is friendly to business in general (and thus, by extension, to small and startup businesses). The friendlier the climate for business, the more opportunities for those who want to work for themselves, and the greater the choice for those who prefer to work for others.



Show notes for the Brian Gongol Show on WHO Radio, airing at 9 pm Central Time


The Chinese company that owns AMC movie theaters, among other companies, wants to get into movie production in a big way, and points to its vertical integration as a competitive advantage. The studio system in that sense fell apart many decades ago.

Usually the number is almost double that by this stage of the year. Both Iowa and Nebraska remain really dry.

The country needs sources of cheap electricity with little or no air pollution, giving a lot of impetus to those who have a vested interest in building hydroelectric dams

Not because they were trying to get into terrestrial broadcasting for its own sake, but because it gives them access to cheaper music-licensing fees

A group of British ad agencies set up a group of awards for advertising that can be shown (econometrically) to have actually worked

A Chicago Federal Reserve summit on economic competitiveness included comments from Paul Jones of the AO Smith Corporation. AO Smith is a manufacturer of water heaters -- not what most people would categorize as a high-tech industry. But Jones's comments are right in line with what many Americans need to hear. As others noted in the same conference, manufacturing jobs are important -- but the high-value jobs are high-skill jobs. The notion that people are going to get paid well to do jobs that aren't challenging in some way is pure fiction. But we have a choice available to us: The challenges can be that particular jobs are unpleasant in some way (and thus must be endured through their unpleasantness), or they can be challenging because they require the worker to know how to do things that are hard. Over the long term, we'll find ways to get machines to do ever more of our dirty work -- nobody pushes carts through towns to pick up horse manure anymore, like had to be done in the Dark Ages. But there are plenty of jobs within manufacturing that call for thinking and acquired skills of which people can be proud. Those are the manufacturing jobs of the 21st Century, and they're not for dummies.

The code-named "Hummingbird" algorithm is supposed to make Google's searches more contextual and less constrained than the Boolean searches of the past

People survived for hundreds of years with an editor or publisher standing between them and the full power of the printing press. The ultra-democratization of Internet commentary did not, on balance, make us wiser than we would have been with at least a little editorial review of what people had to say in response to others' published work. An echo chamber of stupidity (like any hotly-debated set of comments on a YouTube video) is quite enough to make us all worse off.


(Video) A highlight reel from "The Critic", featuring the daffiest character of them all

21 million of the 68 million hogs in the United States are in Iowa

There seems to be a lot of belief that the agricultural economy won't go bust -- but instead will just endure in a low-returns cycle for a while. Farming income accounts for 7% of the state's GDP.