Eddie

Bloomberg

AMD to Spin Off Plants, Gets $8.4 Billion Investment

Oct 6 ⋅ 11:36 PM

The cost of protecting AMD’s debt from default has spiked this month. Contracts on AMD’s bonds jumped to 39.3 percent, from 14.5 percent on Sept. 1, CMA Datavision prices show.

This is the financial crisis we’re facing. No one trusts anyone, so no one is willing to lend money to anyone. I didn’t know this before the current crisis exploded: the economy runs on commercial paper (companies/banks lending money to each other). When commercial paper becomes prohibitively-expensive or unavailable, an otherwise healthy surviving company like AMD can find itself in dire straits in a matter of weeks.

AMD was lucky to find an investor. Other companies won’t be so lucky.

Shards of Alara Prerelease

Sep 28 ⋅ 11:27 PM

Even though I have played Magic for many years, I’ve never attended a Magic prerelease event (or any other prerelease event, for that matter). It was a mix of previous prereleases being inconvenient to get to, not knowing anyone else to go with, and being a bit intimidated by the size of such events that kept me from attending.

But as part of a push to reach the “kitchen table gamer”, Wizards of the Coast shifted from few convention-center-sized to many local-store-sized prerelease events. Instead of Santa Clara Convention Center being the only nearby event site, every local game store was holding their own events. At the same time, Max, Tansen, and I kicked off somewhat-regular gaming sessions at Eudemonia. So by the time the Shards of Alara prerelease came around, I had no excuse not to attend.

Indeed, my excitement and anticipation grew over the past couple weeks. I voraciously followed the official spoilers at Magicthegathering.com and the unofficial spoilers at MTG Salvation. I studied the completed unofficial spoiler and read primer and strategy articles. When the day finally arrived, I was absolutely giddy with excitement.

Aside: before we were seated, I spotted Emily, who used to be friends with Alexis. I thought it might be awkward, so I didn’t go over to say hi. Lo and behold, I end up across from her during deck construction and with Max on my left. And it wasn’t awkward at all. Anyway.

I was hoping to get Flameblast Dragon, which Tansen got; he flashed it at Max and me from across the room. In turn, Tansen was hoping to get Elspeth, which Max got. And I guess Max was hoping to get good commons, which I got. (Max’s account of the event)

I was initially disappointed with the cards I got. Looking at my rares (Broodmate Dragon, Cunning Lethemancer, Gather Specimens, Invincible Hymn, Salvage Titan, and Sigil of Distinction), only Salvage Titan jumped out at me. Compare that with Max, who opened Elspeth, Knight of the White Orchid, and Quietus Spike.

It was probably for the best though. The lack of at-first-glance bomb rares allowed me to focus on the incredible commons I got: 2 Oblivion Ring, Resounding Silence, 2 Soul’s Fire, Resounding Thunder, and Naturalize. It didn’t take me long to quickly set aside anything not in Naya (wGr) colors. This is the deck I ended up with:

I was really nervous in the first match and made a bunch of mistakes against an Esper/Grixis deck. In the first game, I didn’t block enough in the early game, so I didn’t have enough of a life cushion to force damage late. In the second game, I forgot to draw cards from Drumhunter and I forgot to kill my opponent’s Sharding Sphinx after combat. After the loss, I switched Guardians of Akrasa for Soul’s Might and a Yoked Plowbeast for Mosstodon. Both changes would help me immensely in the other matches. (0 wins, 1 loss)

In match two, I steamrolled my Grixis opponent. Game 2 featured an attack by my 1/1 Elvish Visionary pumped to 12/12 via Sigil of Distinction and Soul’s Might followed by post-combat Soul’s Fire for the win. (1 win, 1 loss)

In match three, I faced Emily’s friend Mark in a Naya mirror. I had an extra Oblivion Ring on him plus massive card advantage from my 2 Elvish Visionary and 2 Drumhunter. The key sequence of the match happened in Game 2 with me up 1-0 in the match. My Mosstodon was removed from play by Oblivion Ring. Mark had a Rhox Charger in play, while I had a couple 1/1s. I had Oblivion Ring in hand and was tempted to use it on his Charger. Following Zac Hill’s advice (#2 on his list), I held the Ring back. I would not have been able to win on the backs of two 1/1s and I probably wouldn’t lose the game to his Charger. I had many ways to kill/neutralize it and I wasn’t low on life. Sure enough, a couple turns later, I drew and played Rakeclaw Gargantuan. The following turn, Mark played Flameblast Dragon. Because I didn’t play the Ring on his Charger, I had it ready to remove his Dragon from the game. On his next end-step, I Naturalized his Ring to bring back my Mosstodon and won two turns later. The Sigil of Distinction + Soul’s Might combo also made an appearance in Game 2, but my resulting 13/13 Elf was removed from the game. (2 wins, 1 loss)

In match four, I faced a Grixis deck that splashed green. Game 1, I had enough removal for his flyers and he had enough removal for my weenies. However, Coma Veil on my only fattie made me lose to his two pingers. Game 2, turn 3 Akrasan Squire backed by removal and later pumped by Sigil of Distinction went the distance. Game 3, he mulliganed down to a five-card hand on the play. Knowing that, I kept my hand of five lands, Obelisk of Naya, and Rakeclaw Gargantuan. He didn’t draw the right lands while I drew Sigil of Distinction. Three swings later and that was game. (3 wins, 1 loss)

In the final match, I faced an Esper deck with Tezzeret. Game 1 was a landslide win for him. Game 2 was a landslide win for me. Game 3, I made the mistake of not redirecting combat damage to kill his Tezzeret. After the game, he told me he used Tezzeret’s search ability to find an Obelisk to give him the black mana needed to cast the game-winning Infest. (3 wins, 2 losses; prize: 2 boosters)

I think I could’ve had four wins, maybe even five wins. Looking back on my deck now, I realize that I had a strong deck. I should’ve played Knight of the Skyward Eye and Wild Nacatl in my deck; probably remove a land and something else.

All in all though, I had a great time. It was fun playing against and talking with a lot of other people who are also crazy about Magic. At least in this Sealed format, Shards of Alara is a fun set. All the preview articles talked about each shard individually, so it wasn’t until I got the cards in my hand did I realize that mixing shards together results in some crazy synergy and interaction. I liked the set so much that I already preordered a box of boosters from Eudemonia. I’ll be picking it up next week. Can’t wait to play the set again!

Cracked.com

What is the Monkeysphere?

Sep 22 ⋅ 12:12 AM

Required reading.

Barren Glory

Sep 21 ⋅ 12:25 AM

From the Wikipedia page on depression (economics):

Today many economists believe that the combination of the social safety net and a much better understanding of macroeconomics makes another Great Depression highly unlikely.

The social safety net is a lie. The much better understanding of macroeconomics is blunted by the sheer complexity of new financial instruments.

If you were on vacation for the past few weeks, you would have returned home to find that the had world changed forever. Two of Wall Street’s oldest investment banks are gone: Lehman Brothers filed for bankruptcy and Merrill Lynch was forced to sell itself to Bank of America. 80% of AIG, one of the largest insurance firms in the world, is now owned by the U.S. government after an $85 billion buyout. AmeriBank became the 11th bank to fail this year (14th since the mortgage crisis began). Central banks around the world struggled to rein in the skyrocketing cost of borrowing money in an attempt to prevent other firms from collapsing. To end the week, President Bush, the “compassionate conservative”, asked Congress to approve of a $700 billion bailout plan that would buy all the bad assets held by financial firms.

What was thought to be unlikely became possible and imminent. We were overlooking a 1929-sized fall and all subsequent ramifications.

To be honest, I was really scared this past week. From what little I understand, I think I’ve been able to connect enough dots to see the big picture. Seeing people worried about whether or not they’ll be able to salvage their savings accounts if—for example—Washington Mutual collapses was quaint. My worry was that the financial system as a whole would collapse and paper currency would become worthless overnight. Yes, I am finally grasping this possibility (or probability!) that Lloyd warned me about years ago. But I see it and feel it now.

As shown in the chart above, the stock market fully recovered from the fall this week. But don’t be fooled: the troubles are far from over. There is still much more bad debt and bad bets to be aired; and there is the issue of saddling taxpayers with another trillion-dollar liability.

I hope you will all keep tabs on all this. Just like how the current presidential election has drawn young people into political discussions, I hope this crisis will draw young people into discussions about economics and the workings of our financial system.

At peace during a firefight

Sep 15 ⋅ 1:48 AM

It was my third (possibly fourth) time playing laser tag and I finally grokked it! By the last game, I was aiming well and I felt like I intuitively understood the flow of the game—briskly moving from base to base tagging all enemy players in sight. That as opposed to camping or stalking or cautious approaches.

I felt so at peace too. I know it sounds weird to be at peace when your heart is pumping and adrenaline is flowing; but after everything that has happened and everything that I’ve started paying attention to these past three years, just to have 15 minutes where I’m not thinking about the stock market, bank runs, Iraq, Iran, the upcoming election, where my career is headed, retirement savings is liberating.

I really need 15 minutes of such peace every day.

chartjunk

Tax Plans

Sep 14 ⋅ 11:32 PM

How come so many people think they’ll pay more taxes under an Obama administration than under a McCain administration? I guess partly because the news media passes along those opinions without correcting them; partly because a lot of people are uninformed; partly because some of those people make above $111,645/year.

The Daily Show

John McCain’s Big Acceptance Speech

Sep 12 ⋅ 8:23 PM

Best part’s at the end. Jason Jones: “You mean to tell me they nominated a richie rich, slow-talking Vietnam Vet?… Good luck selling that to the red states.”

How the World Works @ Salon

The truth about Fannie and Freddie

Sep 8 ⋅ 11:55 PM

A point that gets easy to miss in the current hullabaloo over the bailout is that Fannie and Freddie were not primarily responsible for either the housing boom or its bust. That responsibility is more fully borne by the non-government sponsored enterprises who play in the real estate market — the private mortgage lenders, commercial banks, investment banks and myriad institutional and hedge fund investors who engaged in an orgy of exotic mortgage loan and mortgage security innovation and speculation. Toward the very end of the boom, Fannie and Freddie did begin to get more involved in subprime loans and related derivative markets, but that was because they were losing market share to the fully private sector.

VentureBeat

Xbox 360 defects: an inside history of Microsoft’s video game console woes

Sep 8 ⋅ 11:52 PM

Excellent retelling of the several missteps Microsoft made in the development and launch of the Xbox 360. (via Opposable Thumbs @ Ars)

Ars Technica

Study: heavy mental effort leads to much bigger meals

Sep 5 ⋅ 1:07 PM

The results were clear-cut. Compared to the instances when they sat around relaxing, the same students ate 848 kiloJoules more food after completing the reading/writing task. When faced with a computer, that number went up to 1057kJ. This happened despite the fact that the brain is pretty active even when a person is not mentally engaged, meaning that the KBW didn’t burn off much more energy than sitting around.

The Daily Show

Sarah Palin Gender Card

Sep 5 ⋅ 12:20 AM

I can’t help but feel insulted when political operatives and talking heads string along the public—forwards and backwards—in such an overt way. It’s like they’re daring you to call them on it. Thankfully, there’s The Daily Show and the Best F**king News Team on the planet. To paraphrase: Dick Morris is a lying sack of shit. Awesome.

(These things always make me wonder if manipulation to this magnitude has happened on the Democratic side of the current election. Has it?)

Glenn Greenwald @ Salon

The GOP’s cheerful viciousness

Sep 4 ⋅ 11:17 AM

With last night’s cheerfully vicious speeches from Rudy Giuliani and Sarah Palin, the Republicans did what they always do in order to win elections: they exploited raw cultural divides while mocking, belittling and demonizing Democratic leaders. Yet again, they delivered brutally effective and deeply personal blows to the Democratic presidential candidate grounded in the same manipulative and deceitful yet very potent themes they’ve been using for the last three decades.

I’m linking Greenwald again because it’s vital to be able to instantly recognize these types of attacks and prevent yourself from being swayed by them. Outside of The Daily Show and the Colbert Report, none of the media’s political “journalists” call these bullshit attacks for what they are.

Glenn Greenwald @ Salon

Sarah Palin and Mark Halperin’s complaints of “liberal media”

Sep 3 ⋅ 1:35 PM

The first thing Palin did after being elected [as Mayor of Wasilla] was fire six department heads in the City, including the Police Commissioner and the librarian. As The Anchorage Daily News put it: “the newly elected mayor of Wasilla has asked all of the city’s top managers to resign in order to test their loyalty to her administration.”

I can’t help but think she’s a good fit for Bush’s third term… oops, I mean, McCain’s ticket. Wrongfully-terminating government officials is a key skill for any member of the current Republican Party seeking higher office.

August is TIC Redesign Month

Aug 31 ⋅ 11:59 PM

My entry barely made it. ;)

(And as usual, it’s somewhat incomplete and the comment form hasn’t been styled yet.)

Salon

Hang up and drive

Aug 26 ⋅ 8:45 PM

But can’t you just ignore the voice chatting in your ear when driving conditions get hairy? Apparently not. “Listening to someone talk is a very automatic process and you can’t will yourself not to,” explains Just. “In another study, we told them [test subjects] to ignore the sentences, but it made very little difference. You have to block your ears. You can’t turn off your brain processing.” You may think that you’re tuning out your husband or BFF on the other end of the phone when road conditions get bad, but it’s not that simple.

“It’s insidious,” says Just. “If you’re in a tough driving situation, and someone talks to you, the processing of the language is going to start right away, whether you like it or not.”

This is also why cubicles are the most inefficient working environment. They give a false sense of office-like isolation. Unlike an office, the walls don’t provide any sound isolation; and unlike a shared workspace, you don’t see your coworkers gnashing their teeth as you carry on your inane phone conversation.

Salon

John McCain, Internet dunce

Aug 12 ⋅ 9:42 PM

Has the mainstream press/media highlighted this deficiency? I wouldn’t be surprised if they haven’t; I tend to think the upper-management in media conglomerates are only slightly-less clueless than McCain himself when it comes to internet-related issues. It would make for some catchy headlines though—like this one: McCain Makes Historic First Visit to Internet. ;)

Open Salon

What Killed Bernie Mac?

Aug 12 ⋅ 1:16 PM

Now, in English: Sarcoidosis is a disease we don’t know a lot about (idiopathic), but one in which different organs (particularly the lungs) begin to get infiltrated with inflammatory nodules (non-casseating granulomas). It’s a fairly rare disease, and in the US disproportionately affects African-Americans more than other groups.

The Atlantic

Electro-Shock Therapy

Aug 11 ⋅ 10:29 PM

Softens my negative opinion of GM a bit. As the article mentions, GM does deserve a lot of credit for aggressively developing plug-in hybrids at a time when Toyota (the market leader) was being cautious. But I still have this overwhelming expectation that GM will ultimately drop the ball… on its foot. (via Evan Ratliff @ Machinist)

Salon

Why we never need to build another polluting power plant

Jul 28 ⋅ 12:06 AM

Not poppycock.

Associated Press

Report: Empty prison in Iraq a $40M ‘failure’

Jul 27 ⋅ 10:04 PM

Epic incompetence.