By Larry Marsh, Kansas City Star Midwest Voices columnist 2009
You may think that greedy wall street bankers were the cause of our financial crisis, but if you dig deeper, you will discover they were duped by aliens.
Aliens (aka "quants") created those highly leveraged financial derivatives that turned our banking system into a house of cards.
The aliens are everywhere. They devise complicated schemes to watch your every move and control your life.
At the shopping mall, you use your credit card. As your data are being processed by the computer, an alien is intercepting your information.
The alien knows your past purchases including when you shop, where you shop, what you buy and might be expected to buy and in what quantities.
In a nanosecond the alien uses an artificial neural network algorithm to calculate the probability that you are you.
If you are buying the usual thing, at the usual time and place, no problem.
However, if you are trying to purchase something you don't usually buy at an unusual place (for you) at an unusual time (for you), the calculated probability that you are you may fall below the acceptable threshold.
The clerk's computer screen flashes "check id." The aliens have blocked your purchase.
But it doesn't end there. When you finally get that toaster or television home, you find a registration form to fill out and send in.
It starts out asking for the model number, date purchased and the price paid. Then it wants to know your mailing address, phone number and email address. Next it needs your age, gender and education. After that it's on to your marital status, income and net worth.
At some point you say "enough is enough," and send it in with one or more questions left blank.
Well, at least you thought you left them blank.
Don't worry, the aliens have figured out your "type" and will fill in the blanks for you with amazing accuracy. So much for privacy.
The aliens know where you live and the value of your home in today's market, even if you don't.
Aliens control those special discount coupons printed out on your sales receipts.
They know your favorite restaurants and what you like to do in your spare time.
Aliens observe husbands and wives making joint decisions. Couples buy a house; they buy a car; they go out to eat; they have a baby.
Aliens can determine whether one or the other partner dominates a particular family decision and how strongly they agree or disagree with one another.
Define "fighting" as a negative correlation and "supportive" as a positive correlation.
Applying these definitions to joint decisions, aliens can determine if your neighbors are fighting, what they are fighting about, and how intensely they are fighting.
I won't even start to tell you about all the stuff the aliens are doing to you over the Internet.
Statistical methods are very powerful and very dangerous.
They can be used to clarify or to deceive, for good or for evil.
Like Harry Potter, statistical analysts deal with unobservables every day, they are the wizards of the 21st century.
The bottom line is this: if you think you can go through life without being affected by the results of statistical methods and statistical analysis, forget it.
You are on the wrong planet. The aliens have already taken over this one.
. . .
Also see:
Forget Mars, there's plenty of land under our oceans
Make money just by wearing an electronic ink tee shirt
Espresso Book Machine offers hot book with your coffee
Spend some of that $650 million for education on video games
One day will nanobots fight wars in nanospace?
. . .
Follow Larry on Twitter.
. . .









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Kansas City Star will combine, reduce number of sections...
reported this past Tuesday in our Kansas City Business Journal
http://kansascity.bizjournals.com/kansascity/stories/2009/03/30/daily16.html
Did this story generate discussion here this week?
Excerpt:
"The Kansas City Star plans to combine its main news and local sections — along with its business section four days a week — into a single section, starting in the next week to 10 days, according to a Star e-mail.
The Star will combine its business section on Wednesday, Thursday, Friday and Saturday into the new single section, according to the e-mail. The paper’s Tuesday business tabloid section will continue as a stand-alone section.
The Star will combine its sports and classified sections every day except Sunday. FYI will continue to be a stand-alone section except on Thursday, when it will be combined with the Preview section, as it currently is, according to the e-mail.
The Star also will combine its zoned Neighborhood News sections, according to the e-mail.
“The three Northland sections that could be bought separately or in a Super Zone Combination are now only available as a Super Zone,” the e-mail said. “It publishes only on Wednesday. It used to publish on Wednesdays and Saturdays.”
The Star’s Johnson County Neighborhood News sections — Shawnee Mission, Blue Valley/Leawood, Shawnee/Lenexa and Olathe — will be consolidated to two zones: Shawnee Mission, Blue Valley/Leawood and Shawnee/Lenexa in one zone, and Olathe in the other. The Star will continue to publish these sections on Wednesday and Saturday.
On the Missouri side of the Kansas City area, the Independence/Raytown, Blue Springs, Lee’s Summit/The Southland and The City sections will be combined into one zone, published only on Wednesday. The Lee’s Summit/Southland section, which had been published on Saturday, will be published only on Wednesday.
“This will have little or no affect on your rates,” the e-mail said.
Star Editor Mike Fannin wouldn’t comment on the e-mail but confirmed that The Star recently closed its Northland, Independence and Wyandotte County bureaus, leaving only its Johnson County bureau."
Tom Ryan
The Crossroads
Kansas City
http://crossroadscurrents.blogspot.com/
Nothing left
This will have little or no affect on your rates
So the Star is combining and reducing the size and content of the paper and making everyone still pay the same cost per day?
private business
Quiet in the news due to their right to be quiet, private companies account for the “other half” or more of business news. Add to this, private overseas companies operating here...and US private companies overseas.
Largest US private companies: Koch, Cargill, USPS, Chrysler, Kaiser, GMAC, Bechtel, HCA, PWC, Mars, Publix, US Foodservice…and of course, our small businesses nationwide and around the corner. We see all the “public/transparency” related Wall Street news easily…what about the private business world?
Could the real story about business and recovery be contained in an understanding of the health of private business? With all the public takeovers and fear of socialist trends, private business seems to be the real American-spirited way…and we don’t get enough of that news. My sense is that while it may be difficult to report, there may be more tenacious and optimistic stories there to counterbalance the doom and gloom. Recovery may come via private business.
What’s everyone’s take on this?
Tom Ryan
The Crossroads
Kansas City
http://crossroadscurrents.blogspot.com/
Where the hell that last post come from?
Must be the outer planet of the Kookdom, who the hell said anything about Governor Palin?
Pull your tin hat on a little tighter poster...
Nothing Comes Between Bristol Palin and her Levi
Speaking of aliens...I am convinced that the Palins hail from Uranus. I really do.
How else to explain why somebody whose political career is supported solely by their alleged super-morality, apparently allowed her pregnant unwed daughter to share a bedroom in her home. It's unearthly
Well, at least according to the father, whose comments will appear on Tyra later this week.
For more, not to mention a viewing of the Brooke Shields video that featured the then 15-year old alien and her Calvins....
http://scootmandubious.blogspot.com/2009/04/nothing-came-between-bristol-palin-and.html
But Wait
$265 million in bonuses for Fannie employees, where is Barney Fwank and his outwage? Hmmm?
Sonofrogue - the outrage only applies
for non-government institutions - whoops, are there any left?
Census
And those astute super intelligent Democrats are going to use statistics to calculate the 2010 population of the US. There is no end to it.