vineri, 19 septembrie 2014

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Idiotic Proposals for Fed to Give Away Money

Posted: 19 Sep 2014 12:27 PM PDT

A Fiscal Times, Yahoo Finance article by by John Grgurich claims that Instead of QE, Fed Could Have Given $56,000 to Every Household in America .

Grgurich formulated his article after reading "an intriguing piece just published in Foreign Affairs, Brown University political economist Mark Blyth and London-based hedge fund manager Eric Lonergan argue the Fed could have done better by pursuing a far different type of grand policy experiment."

The "intriguing piece" is Print Less but Transfer More, Why Central Banks Should Give Money Directly to the People.

Sheer Idiocy

  • First, the Fed cannot give away money, it can only make money available for lending. 
  • Second, the idea that the Fed should give away money is ludicrous, even it the Fed could. 
  • Third, Grgurich is in severe need of math lessons as to what actually transpired.  

The Math

According to the census department the number of US households is 115,226,802.

Base Money Supply
has gone up from $848 billion at the start of 2008 to $4.150 Trillion today. That is an increase of roughly $3.3 trillion.

An increase in money supply of $3.3 trillion is not the same thing as a gift of $3.3 trillion. At most, banks made 0.25% interest (free money) on excess reserves parked at the Fed.

The actual amount of excess reserves is $2.7 trillion.

0.25% of $2.7 trillion is $6.75 billion. That is the amount the Fed effectively gives banks, per year. Spread among 115,226,802 households the gift would be $58.58 per year (less actually because excess reserves grew over time they did not suddenly hit $2.7 trillion).

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

"Surprising" MH17 Crash Update

Posted: 19 Sep 2014 07:33 AM PDT

The title of this article, "Surprising" MH17 Crash Update, is accurate only in the sense the average sheep believes the average mainstream media report.

Since that is the majority, the title is accurate. Mish readers, however, may find this report not surprising.

Reader Marina from Toronto explains via email ....
Hello Mish,

My name is Marina. I am a long-time fan of your blog and a friend of Nicole Foss at Automatic Earth.

I am also a volunteer translator for The Vineyard Saker website. Our team has just translated a very important report on the MH17 crash released by the Russian Union of Engineers.

We have included several prominent journalists and other persons in the distribution of this important document.

Regards,
Marina
Toronto
Union of Engineers Report

Please open your minds and download the Translated Report on MH17.

Forget about the origin and give the report a read. It may open your eyes.

Looking for another opinion? If so, please consider the Automatic Earth Commentary on MH17.

I side with Raul on Automatic Earth who says "At the very least the report should be broadly discussed in western media, and western experts asked to refute what parts of it they find fault with."

Indeed. Where is the discussion?

My take: There is no government interest in any possibility other than a preordained self-serving US conclusion. Thus, there is not, nor will there be any mainstream media analysis of that nature barring a Watergate or Snowden-type disclosure.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Damn Cool Pics

Damn Cool Pics


This Guy Found Out The Hard Way That Cheating Is Wrong

Posted: 19 Sep 2014 11:16 AM PDT

Poor Charlie Fisher went away on holiday and when returned he had a surprise waiting for him at the airport. He got off the plane and then saw his girlfriend, standing with his other girlfriend, who was standing with his other girlfriend. Looks like someone got busted.























The Inside Of A Turtles Mouth Is Absolutely Terrifying

Posted: 19 Sep 2014 10:23 AM PDT

Chances are you've probably never seen the inside of a turtles mouth or even wondered what it looked like. Well after you see what it looks like in there, you will never forget it.

















Unknown Facts About Well-Known Paintings

Posted: 18 Sep 2014 08:28 PM PDT

When it comes to famous paintings throughout history these are the ones that everyone is familiar with. But how much do you really know about these paintings?
















It's on us

I'm proud to work for our President every day. But that's especially true today.
 

I'm proud to work for our President every day. But that's especially true today.

"To the survivors who are leading the fight against sexual assault on campuses, your efforts have helped to start a movement. I know that ... there are times where the fight feels lonely, and it feels as if you're dredging up stuff that you'd rather put behind you. But we're here to say, today, it's not on you. This is not your fight alone. It's on all of us -- every one of us -- to fight campus sexual assault. You are not alone, and we have your back."

That's what President Obama said in the East Room this morning, when he announced the launch of "It's On Us" -- a new effort to fundamentally change the way we think about sexual assault as a country, by inspiring everyone to see it as their responsibility to do something.

When I was in college, I met so many courageous students and friends who had been victims of sexual assault. Their stories, and countless stories of people just like them, touched me deeply and personally. They made me feel angry, sad, outraged, and -- often times -- powerless.

I decided to do absolutely everything that I could to make a change, and keep it from happening to anyone else. So I organized with our campus gender relations center. We conducted bystander intervention trainings for students across campus, and worked to get out the word about sexual assault: how people couple help step up to stop it, and how survivors could get the resources they needed to heal.

I believe, just like so many others working to end sexual assault, that it's on every one of us to step up, take a stand, and make a difference where we can.

Right now, I'm asking you to take a stand, too -- join the President and Americans across the country by making a personal commitment to help keep men and women safe from sexual assault. Visit ItsOnUs.org, and take the pledge.

Today, it's estimated that one in five women on college campuses has been sexually assaulted. Just 12 percent of those assaults are reported.

It's on all of us to change that.

So when you take a stand, you're recognizing that non-consensual sex is sexual assault.

You're saying you'll identify situations in which sexual assault may occur, and you're saying you'll intervene when it does.

You're committing to help create an environment in which sexual assault is unacceptable and in which its survivors are supported.

Because we'll only move forward as a country when every single one of us fully understands and owns the stake we have in this fight.

Add your name, join the fight, and let's move forward together.

It's on us.

Jordan

Jordan Brooks
Special Assistant to the Chief of Staff
Office of the First Lady
The White House


 

It's On Us to Stop Sexual Assault

 
Here's what's going on at the White House today.
 
 
 
 
 
  Featured

It's On Us to Stop Sexual Assault

Today at the White House, President Obama joined Vice President Biden and Americans across the country to launch the "It's On Us" initiative -- an awareness campaign to help put an end to sexual assault on college campuses.

"It's On Us" asks everyone -- men and women across America -- to make a personal commitment to step off the sidelines and be part of the solution to campus sexual assault.

"An estimated one in five women has been sexually assaulted during her college years -- one in five," the President noted. "Of those assaults, only 12 percent are reported, and of those reported assaults, only a fraction of the offenders are punished."

Learn more about the "It's On Us" initiative, and take the pledge to help stop sexual assault.

Learn more about It's On Us.


 
 
  Top Stories

Standing United Against ISIL: "We're Strongest as a Nation When the President and Congress Work Together"

The House and Senate passed a Continuing Resolution that supports the U.S. military effort to train and equip moderate Syrian opposition forces so they can take the fight to the terrorist force ISIL. President Obama gave a statement to clearly outline these efforts and to thank Congress for standing united in our efforts to degrade and ultimately defeat ISIL.

READ MORE

West Wing Week: "You Guys Aren't Usually This Quiet, Are You?"

This week, the President celebrated the 20th anniversary of AmeriCorps, awarded the Medal of Honor to two American heroes, detailed U.S. efforts to combat the outbreak of Ebola in West Africa at the CDC in Atlanta, and spoke to the troops at MacDill Air Force Base about our strategy against ISIL.

READ MORE

Secretary Arne Duncan: "Meet Brittany"

This morning, in a message to the White House email list, Secretary of Education Arne Duncan shared the inspiring story of Brittany, a student he met last week on the Department of Education's annual back-to-school bus tour.

READ MORE


 
 
  Today's Schedule

All times are Eastern Time (ET)

9:45 AM: The Vice President delivers remarks to the DNC Women's Leadership Forum Breakfast

10:30 AM: The President and the Vice President receive the Presidential Daily Briefing

11:45 AM: The President delivers remarks at the launch of the "It's On Us" Campaign; the Vice President also attends

12:30 PM: Press Briefing by Press Secretary Josh Earnest

3:35 PM: The President delivers remarks at the DNC's annual Women's Leadership Forum

5:30 PM: The Vice President holds a roundtable discussion on domestic violence

7:05 PM: The President departs the White House en route Camp David


 

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How Google is Connecting Keyword Relevance to Websites through More than Just Domain Names - Whiteboard Friday

How Google is Connecting Keyword Relevance to Websites through More than Just Domain Names - Whiteboard Friday


How Google is Connecting Keyword Relevance to Websites through More than Just Domain Names - Whiteboard Friday

Posted: 18 Sep 2014 05:18 PM PDT

Posted by randfish

We're seeing Google continue to move beyond just reading pages, instead attempting to truly understand what they're about. The engine is drawing connections between concepts and brand names, and it's affecting SERPs. In today's Whiteboard Friday, Rand explains just what Google is doing, and how we can help create such associations with our own brands.

For reference, here's a still of this week's whiteboard!

Video transcription

Howdy, Moz fans, and welcome to another edition of Whiteboard Friday. This week we're talking about how Google connects keyword relevance to websites, particularly how they do this beyond just the domain name.

Obviously, for a long time Google looked at the name of a particular website and the queries that were entered and might rank that site higher if the domain name had some match with the query. We called this the exact match domains or the partial match domains.

For a long time, they did have quite a bit of power. They've gone down dramatically in power. These days MozCast is reporting 2.5% to 3% of domains that appear in the top 10 over many thousands of search results are exact match domains. It used to be above 7% when we started MozCast. I think before that it was in the 12%, 13%, or 14%. So it's gone way, way down over the last few years.

Google has gotten tremendously more sophisticated about the signals that it does consider when it comes to applying relevance of keywords to a particular domain name or to a particular website.

I'll give you some examples. One is RealSimple.com. If you're someone who does searches around home organization or gadgets for the home, or especially quick recipes, not like the long, drawn out recipes, but like 10, 15 minute recipes, cleaning products, physical fitness and workouts, makeup and beauty, all of these topics Real Simple always seems to rank on the first page, at least somewhere. I'm not talking about these specific terms, but anything related to them.

It's almost like Google has said, "You know what, when people are searching for cleaning products, we feel like Real Simple is where they always want to end up, so let's try and find a page that's relevant on there." Sometimes the pages that they find are not particularly excellent. In fact, some of the time you will find that you're like, "That doesn't even seem all that relevant. Why are they showing me that page for this query? I get that Real Simple is a good site for that usually, but this doesn't seem like the kind of match I'm looking for."

You'll see very similar things if you look at Metacritic.com. Metacritic, of course, started with games. It's gone into movies and now television. They essentially aggregate and assemble, sort of like Rotten Tomatoes does and some other sites like that, they'll assemble critic reviews and user reviews from all over the place, put them together and come up with what they call a METASCORE.

METASCORES are something that they rank very well for. But around all of these pop culture mediums, PC game reviews, critics opinions on games, PlayStation games, TV show ratings, movie ratings, they always seem to be in the top 10 for a lot of these things. It doesn't have to be the broad PC game or TV show. You can put in the name of a television show or the name of a movie or the name of a game, and it will often show up. That seems to be, again, Google connecting up like, "Oh, Metacritic. We think that's what someone's looking for."

You can see this with all sorts of sites. CNET.com does this all the time with every kind of gadget review, electronics review. Genius.com seems to come up whenever there's anything related to lyrics or musical annotations around songs.

There's just a lot of that connection. These connections can come from a number of places. It's obviously not just the domain name anymore. Google is building up these connections between terms, phrases and indeed concepts, and then the domain or the brand name probably through a bunch of different inputs.

Those inputs could be things like brand and non-brand search volume combined together. They might see that, gosh, a lot people when they search for song lyrics, they add "genius"' or "rap genius." A lot of people who search for quick recipes or cleaning products, they add "Real Simple" or "Martha Stewart." Or if they're searching for PC games they look for the Metacritic score around it. Gosh, that suggests to us maybe that those domains, those websites should be connected with those search terms and phrases.

Probably there's some aspect of co-occurrence between the brand name and/or links to the site from lots of sites and pages on credible sources that Google finds that are discussing these topics. It's like, "Oh, gosh, a lot of people who are talking about cleaning products seem to link over to Real Simple. A lot of people who talk about cell phone reviews seem to mention or link over to CNET. Well, maybe that's forming that connection."

Then where searchers on these topics eventually end up on the web. Google has access to all this incredible data about where people go on the Internet through Chrome and through Android. They can say, "Hmm, you know, this person searched for cleaning products. We didn't send them to Real Simple, but then eventually they ended up there anyway. They went to these other websites, they found it, maybe they typed it in, maybe they did brand search, whatever. It seems like there's an affinity between these kinds of searchers and these websites. Maybe we need to build that connection."

As this is happening, as a result of this, we feel as marketers, as SEOs, we feel this brand bias, this domain bias. I think some of the things that we might put into brand biasing and domain authority are actually signals that are connections between the domain or the brand and the topical relevance that Google sees through all sorts of data like this.

As that's happening, this has some requirements for SEO. As SEOs, we've got to be asking ourselves, "Okay, how do we build up an association between our brand or our domain and the broad keywords, terms, topics, phrases, so that we can rank for all of the long tail and chunky middle terms around those topics?" This is now part of our job. We need to build up that brand association.

This is potentially going to change some of our best practices. One of the best practices I think that it immediately and obviously affects is a lot of the time Metacritic might say, "Hey, we want to target PC game reviews. We've got this page to do it. That's our page on PC game reviews. All these other pages, let's make sure they don't directly overlap with that, because if we do, we might end up cannibalizing, doing keyword cannibalization."

For those broad topics, Metacritic might actually say, "You know, because of this functionality of Google, we actually want a lot of pages on this. We want everyone, we want to be able to serve all the needs around this, not just that one page for that one keyword. Even if it is the best converting keyword and our content resources are limited, we might want to target that on a bunch of different pages. We might want to be producing new content regularly about PC game reviews and then linking back to this original one because we want that association to build up."

Other best practices that we have in SEO are things where we will take a keyword and will essentially just make our keyword research very limited to the ones that have produced returns in our paid search account or in our advertising. That also might be unwise. We might need to think outside of those areas and think, "How can we serve all of the needs around a topic? How can we become a site that is associated with all of the keyword topics, rather than just cherry picking the ones that convert for us?"

That might get a little frustrating because we are not all content factories. We are not all big media brand builders. But these are the sites that are dominating the search results consistently, over and over again. I think as Google is seeing this searcher happiness from connections with the brands and domains that they expect to find, that they want to find, they're going to be biasing this way even more, forcing us to emulate a lot of what these big brands are doing.

All right, everyone. Look forward to some great commentary, and we will see you again next week for another edition of Whiteboard Friday. Take care.

Video transcription by Speechpad.com


Sign up for The Moz Top 10, a semimonthly mailer updating you on the top ten hottest pieces of SEO news, tips, and rad links uncovered by the Moz team. Think of it as your exclusive digest of stuff you don't have time to hunt down but want to read!

Meet Brittany:

 

Last week, I met Brittany.

She's a hardworking student at West Georgia Technical College who is now just months away from being certified as a nursing assistant, but there was a point when she didn't think she'd be here. In high school, Brittany became pregnant and her future suddenly became uncertain. Her high school counselor suggested she apply for the 12 for Life program, a local program that offers students who have fallen behind in high school the opportunity to attend class, work, and get back on their feet.

As I talked with Brittany and her fellow students -- many of whom were the first in their family to graduate high school -- they spoke powerfully and tearfully of the program's success, and how it had given them hope for the future.

Brittany's inspiring story is just one of many I heard last week during the Department of Education's annual back-to-school bus tour. This year's tour took us to Georgia, Alabama, and Tennessee, and provided my team and me with the opportunity to see innovations in education and to discuss progress, promise, and results.

I wish I could see every innovative program -- every initiative creating promise for our children -- happening across the country, but even after visiting all 50 states and more than 350 schools during my time as Secretary, I can't visit every school. So that's where you come in.

What cutting-edge programs are your local schools undertaking? Or, if you don't know of any, what would you like to see them do?

We'll share some of your stories and suggestions on the White House blog.

Brittany tells me about her positive experience in the 12 for Life Program during a stop on my back-to-school bus tour in Carrolton, Ga. (Photo courtesy of the U.S. Department of Education by Joshua Hoover)

This was my fifth back-to-school bus tour, and with each tour, I become increasingly optimistic about our country's ability to elevate and strengthen education. High school graduation rates are at an all-time high, college enrollment has hit record levels, dropout rates are dramatically down, and principals, teachers, parents, and students are taking the lead on improving education for all students.

But during the bus tour and around the country, I also hear a lot of people worried that our children won't inherit a better America than we did. That's why we have such an important shared mission: to make sure that every student, everywhere, gets an effective education. It's a mission that we can all agree on, and it's one that matters immensely.

The best ideas in education will never come from Washington, which is why the Obama administration is working hard to help states and communities strengthen schools -- in particular, through supports for great teaching, and higher standards. It's inspiring to see states and local communities stepping up to expand access to high-quality early education, transition to college- and career-ready standards, and support innovation in education.

So I want to know what's happening in your community. Share the innovative things the schools in your area are doing -- or what you'd like to see happen.

We should celebrate the gains we've made these past couple years, but we can't be fully satisfied. There's still more to do to support all students so they may reach their full potential. So, in this new school year, let's get to work.

Thanks for sharing,

Arne

Secretary Arne Duncan
Department of Education
@arneduncan


 

Seth's Blog : What are you seeking at work?

 

What are you seeking at work?

Some people want safety and respect. They want to know what the work rules are, they want a guarantee that the effort required is both predictable and rewarded. They seek an environment where they won't feel pushed around, surprised or taken advantage of.

Other people want challenge and autonomy. They want the opportunity to grow and to delight or inspire the people around them. They seek both organizational and personal challenges, and they like to solve interesting problems.

Without a doubt, there's an overlap here, but if you find that your approach to the people around you isn't resonating, it might because you're giving your people precisely what they don't want.

       

 

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