APATHY AND OTHER SMALL VICTORIES.
My nom de plume is Ryan and I'm 21 years old female studying Mechanical Engineering at NYU.
- Ryan
- "Well Ryan have an independent sight of mind, caring, observant, intelligent, as she understand most things people do not, but at same time don't always have confidence in herself. She don't like being pinned up, she like to get out and about physically and psychologically, she enjoys freedom". -Galen Hallcyon
Saturday, December 28, 2013
Wednesday, October 16, 2013
Friday, September 27, 2013
Tuesday, May 7, 2013
Sunday, April 7, 2013
Thursday, February 7, 2013
Monday, September 24, 2012
Saturday, August 25, 2012
Wednesday, August 8, 2012
Saturday, July 14, 2012
Tuesday, July 10, 2012
Today is Nikola Tesla's birthday! For those who don't know, Tesla was instrumental in giving us the modern world as we know it. He came up with alternating current, making modern electrical networks possible. Without him, we likely not only wouldn't be able to power our computers, but we'd also not have the networks many of us use to connect to the internet. Tesla laid the groundwork for our modern understanding of wireless communications. Aside from being a great scientist, he was also fluent in several languages, and incredibly intelligent. Let's celebrate his birthday and remember what a great man he was; Happy birthday Tesla!
Tesla in his laboratory, 1916, in 8th West 40th Street, New York City
Tesla in his laboratory, 1916, in 8th West 40th Street, New York City
Saturday, July 7, 2012
Wednesday, July 4, 2012
The biggest financial scam in the history of the world.
"Explain it like I'm five" explanation:
LIBOR (the London InterBank Offered Rate) is the rate at which banks charge each other to lend to each other. A committee made up of 16 banks (some sources say "up to 18") determines the average rate which the banks (within this committee) have been charging each other, and report that as the LIBOR. These numbers are self-reported and are not necessarily based on real trades. They "throw out" the highest four and lowest four numbers and average the remaining eight to make the LIBOR.
Why do we care about the banks trading? Banks lend to each other "to either make a profit or cover any short-term cash shortfalls on the part of the borrower." The banks who are lending the cash make extra profit. If banks have to raise interest rates for lending funds, it means the lending bank is less confident in the loan. This is meant to reflect "the health of the wider banking sector."
For Europeans, you may be familiar with Euribor. This is the equivalent.
However, this committee has been, evidently, lying about it, in both directions (higher and lower than reality.) Because of the fact that numbers are thrown out, it means that it's possible more than just one or two banks are falsifying their numbers.
Effectively, they've been falsifying their credit scores. They've been doing so to make money. Now, "in many cases", these falsifications were made to push rates down, so consumption would go up. They also did this to mask how much financial stress they were under: if they lowered interest rates, it would make them seem more confident. Again: higher consumption, more profit. However, they pushed them higher on many other occasions. They do this, from the evidence we have, at the request of traders. (Comment with more detail on how they make money off this.)
"Every interest rate in the world is based on LIBOR." Ok, not every single one. But "some mortgages and loans are directly linked to the Libor rate." Most of the remaining loans are at least influenced by it, as it is often used as a benchmark, especially for commercial mortgages and loans.
Individual sources of blame aren't clear yet. The recently-quit chief executive of Barclays Plc "blam[ed] a group of 14 traders out of 2,000" and claimed that he "didn't know about their activities until a week before regulators published their findings." However, these requests and exchanges had been going on for years, so there's a lot of questions around why it took so long to come out. This particular bank (Barclays) seems to have born the brunt of the news flurry: I couldn't find much mention of other banks aside from the Bank of England. I did find a reference to an ongoing US aggregated lawsuit against a dozen (+) banks (including Citigroup and BofA), accusing them of this same behavior (reference). However, as this is currently evolving news, it's possible more banks could come under scrutiny. Several others have been implicated thus far: UBS, RBS and Citibank.
TL;DR: LIBOR is the bank-to-bank lending rate. It's self-reported and easy to fake. It has a wide influence in the lending market. We know for sure that traders within one bank faked and manipulated their LIBOR numbers to maximize profits. They did so at the request of other traders.
Sources: http://www.bbc.co.uk/news/business-18622907
http://www.bbc.co.uk/news/business-18613988
http://www.businessweek.com/news/2012-07-04/diamond-says-barclays-penalized-for-being-first-fined-over-libor
http://buzz.money.cnn.com/2012/07/04/barclays-libor-email/
"..And I could never understand national or ethnic pride, because to me Pride should be reserved for something you achieve on your own. Being Irish isn't a skill, it's a fucking genetic accident. You wouldn't be proud to be 5'11". You wouldn't be proud to have a pre-disposition for colon cancer."
-George Carlin
-George Carlin
Just saying.
Now that there's some good evidence for the Higgs boson maybe people should stop calling it the "God Particle".
Monday, June 18, 2012
Circling Manhatthan
Sincerely, my legs
Friday, June 15, 2012
Turtle pond in central park
Yesterday I went rollerblading with Alex and Ethan in central park, we then went exploring around central park and visited the Turtle Pond and the Balvedere Castle, we also went into the woods. Later on we took the train downtown to Union Square and went to grab a bite at Vanessa's Dumplings then we headed to Saint Marks to get some pizza, later we rested in the grass of Washington Square park which it was hosting a movie night. They were playing the 1962 first version which is french of my favorite movie "Wars of the buttons". I personally prefer the 1994 Irish version, since that was the first one I saw when I was 4 and the first one that captivated me. It was a perfect day, and they will be many more to come.
Monday, April 23, 2012
Sunday, April 22, 2012
Friday, April 20, 2012
Invisible children Kony 2012 campaign is everywhere!
Tuesday, March 20, 2012
Monday, February 20, 2012
Wednesday, February 15, 2012
Monday, February 6, 2012
Wednesday, December 21, 2011
Wednesday, November 23, 2011
Saturday, October 22, 2011
Tuesday, August 23, 2011
Tuesday, February 22, 2011
Tuesday, October 12, 2010
Thursday, September 30, 2010
Birthday Poem/Thought.
To my little turtle.
I love you more than everything.
I can't stop thinking about you, you
lighten up my life with your shining radiance and beauty.
You really are the most beautiful.
Every moment with you is an eternity of joy.
Every moment with you never ends (because is infinite)
So these infinities interlap; but since joy is a single quantity,
and since infinity last forever, one moment with you is a lifetime of joy,
but since moments can add up, and joy is like snow, a blanket term for similar but
distint concepts/things. So each moment is a truly unique experience extending
into endlessness.
My most beautiful goddess, you are my universe.
I love you more than everything and even more than that!!!
I love you more than everything and even more than that!!!
- Written By V. S
Wednesday, July 14, 2010
Wednesday, March 31, 2010
Monday, March 23, 2009
Sunday, March 22, 2009
Friday, February 13, 2009
Tuesday, December 23, 2008
Tuesday, June 3, 2008
Friday, March 14, 2008
How fascinating! Happy birthday Einstein and happy Pi day everyone!
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