Thursday, December 30, 2004

Today, the SEC asked Berkshire Hathaway's General Re unit to provide information related to insurance products aimed at mitigating financial losses. Hmm, and the purpose of purchasing insurance would be exactly what if not to mitigate loss in the financial sense?

Monday, December 20, 2004

At Powerline as Hindrocket told Time magazine, "The world is full of smart people who have information about every imaginable topic, and until the Internet came along, there wasn't any practical way to put it together."

The distributed nature of the blogsphere yields intelligence that is successful at rates that vanquish verticality in the Intelligence Services, viz. National Director of Intelligence. Give 100 groups 5 Million $ each for a year. Allow them to freely and securely communicate amongst themselves and see what they come up with. The 500Million cost is less than one tenth of one percent of the budget of Department of Defense when the costs of Iraq and Afghanistan are added in. A mere bagatelle. At the end of the year cull nonperforming groups and add those which seem, in light of the recent product of the distributed groups, promising.

It is the outcome of Rathergate, which took 24 hours to unmask in the distributed blogsphere, that is wanted and not a vertical system which couldn't respond to islamofacists who wanted to fly but not land.