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Dear Reader,

I’ve been raging against the “social contract” and its offspring, the “debt to society,” since I first felt their unjust weight pressing upon me. I would have withdrawn from both of them back in the 1960s, had they been explained well enough to me. I was definitely opposed to the concept of a social...

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Markets crash not from "bad news" but from the exhaustion of temporary stability.

Yesterday I made the case for a  Financial Singularity  that will never allow stocks to crash.  We can summarize this view as: the market and the economy are not systems, they are carefully controlled  monocultures . There are no inputs that can't...
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(RNS) She made you laugh. She made you cringe. The queen of humor, who died Thursday at 81, had a distinctive bite....

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By Vera Yuan....
Thursday, 04 September 2014 |

The difference between L2 and L3 cache

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Cache
What is L2 cache? What is L3 cache? What is the major difference between the two? All your cache questions have been answered....
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  • AvalonBay Communities (NYSE:
  • ...
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Central bank launches radical plan to drive down the euro, but won't make any difference, warn analysts...
Thursday, 04 September 2014 |

Mormonism in an Expanding World

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Like every religion, especially in the West we face the issue of how to deal with our increasingly secular world, not just legally, but in the way that all of us understand our relationships to each other and to everything else....
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One of the post-bubble conventional wisdom stories that has gotten a lot of traction is that housing is a bad investment and that consumers would do better to rent and invest in the stock market.  The problem is that it's wrong.

The prooftext for the idea that housing is a bad investment is a straightfoward comparison of the returns on stock

...
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* BP shares fall 5.9 percent in U.S. trading (Adds case details, updates share price)...

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