Adding insult to injury

So, you’re lying there on the roadside…

Researchers at Germany’s Fraunhofer Institute have developed a manufacturing process that injects microcapsules containing malodorous oils into the (bike) helmet itself, causing it to stink when damaged — alerting you that it’s time to replace it…

(h/t The Null Device)

Reader Tips

Welcome to Reader Tips. Tonight’s music is a song about exuberantly reckless driving in the fifties era, back when the typically boat-like and seatbelt-less cars were designed for pleasure and not safety. Even though the singer describes speeding drunkenly down mountainsides at night, in the rain, and passing other cars on blind corners, what sounds like a cautionary tale has little or no effect on his own driving habits: when he requests plasma from his hospital bed he’s just a hip daddy-o asking to be primed up for another bout of driving.
It’s to laugh. Here’s Nervous Norvus’ 1956 novelty song Transfusion.
You are enjoined to provide links to your Reader Tips in the comments.

Tart

It takes some gall for the “Tart” columnist to talk about closure about an event that happened twenty years ago, over a sum of money one twentieth in size of the missing Adscam monies.
An exchange neither illegal or criminal; an exchange deemed inappropriate.
Maybe in 2030, you will get around to that Adscam column, eh, Tabatha?

Reader Tips

Welcome to SDA Late Night Radio.
The best version of Green Green Grass of Home that I ever heard was at a bar in Whistler where, during some band’s scheduled break, a non-musician local dude – a large, affable snowboarding wildman of about 25, with long blonde hair – was goaded by his buddies to go onstage for what was obviously a reprise performance of a regular event. As the backing tracks played through a cassette machine, the dude – who, along with his buddies, looked three-quarters of the way through a keg – cradled the mic in both hands and delivered the most unashamedly emotional onstage performance I’d ever seen. As he barely choked out – almost barked – the last line of the chorus, his verklempt buddies teared up and rocked back and forth, shaking their heads, like they were hearing the Sermon on the Mount and couldn’t physically endure the ineffable beauty of it.
Truly one of the strangest things I’ve ever seen – you’d figure these guys would have been into speed metal, or something – but you had to hand it to the guy for putting it out there.
Alas, here’s no video of his performance, so tonight we’ll hand it over to a pro: here’s Welsh hotty von-hottenheimer Tom Jones taking his own run at Curly Putman Jr.’s oft-covered Green Green Grass of Home.
You are invited to provide your Reader Tips in the comments.

So How’s That Socialism Working Out For Ya?

Bloomberg;

Credit-default swaps on sovereign bonds surged to a record on speculation Europe’s debt crisis is worsening after Hungary said it’s in a “very grave situation” because a previous government lied about the economy.
The cost of insuring against losses on Hungarian sovereign debt jumped 107.5 basis points to a record 416, according to CMA DataVision prices. Swaps on France, Austria, Belgium and Germany also rose, sending the Markit iTraxx SovX Western Europe Index of contracts on 15 governments 21 basis points higher to an-all time high of 174.4.
Hungary’s bonds fell after a spokesman for Prime Minister Viktor Orban said talk of a default is “not an exaggeration” because a previous administration “manipulated” figures. The country was bailed out with a 20 billion-euro ($24 billion) aid package from the European Union and International Monetary Fund in 2008.

More European optimism here.

Leaving philosophical considerations aside, the comments by the Hungarian prime minister are of very dangerous nature. Combined with the IMF declaring they are not properly capitalized to handle further bailouts, then we are left exposed to a possibly deadly riptide in sovereign bonds. If you owned a Hungarian bond here and you found a bid you would hit it wouldn’t you? So should everybody, and then comes Romania with a recently failed auction, and then Ukraine which already received one round of bailout and will clearly need more. Then comes Western Europe, even Germany with its exposure to Eastern Europe, Japan…

Meanwhile…. stimulus! The “Black Friday Employment Report”.

A Shining Example

From Goldman Sachs:

As the rest of the world speculates which bank/country/continent will require another bailout, Canada serves as a “shining” example on how to escape the debt spiral, Jim O’Neill, chief economist at Goldman Sachs, told CNBC on Tuesday.
“It’s easy to say every developed country has problems – but Canada doesn’t,” O’Neill said.
The country – home to 32 million people – had its “own severe debt problems, and yet demonstrated that you can undertake supply-side structural reforms” successfully.
[…]
Canada “is a shining example to the rest of the world,” on how to bounce back from the recession, O’Neill said.
It avoided the sharp downturn other major advanced nations endured by limiting leverage, protecting consumers, and avoiding excessive deregulation of their financial industry.

… the question is … who to thank? Martin … Harper … both?

Stop the Robots

Oh oh … the UN is angry at the O-team:

A United Nations investigator called Wednesday for a halt to CIA-directed drone strikes on suspected Islamic militants, warning that killings ordered far from the battlefield could lead to a “Playstation” mentality.
Philip Alston, U.N. special rapporteur on extrajudicial executions, said missile strikes could be justified only when it was impossible to capture insurgents alive instead and only if they were carried out by regular U.S. armed forces operating with proper oversight and respect for the rules of war.

From the comments at Cjunk:

Arty: “Philip Alston”. I bet he can hear a bar of soap hit a shower floor in the next county. He’s really out of it as far as modern warfare goes too. It’s almost all “playstation mentality” today and has been evolving that way for a long time. You wonder if he’s ever heard of ICBM’s, cruise misiles, satelllite imaging or smart bombs. Someone should inform him that the “rules of war” have changed too. People are flying planeloads of passengers into office buildings, taking hostage entire schools full of kids, detonating bombs in markets and night clubs and cutting off hostages heads and posting the movies on the internet. All targeting civilians.
I suspect someone in the enemy camp has Ban Ki Moon’s ear and they are telling him that drone warfare is bad, that it’s not in accordance with the rules of war. They need the UN to tie the American’s hands.

Blog Notes

Greetings from Loveland, CO. Once again, my ugly habit called “making a living” is getting in the way of blogging – much of this month is going to be taken up with travelling to shows and giving seminars. As you can see, the guest bloggers have already stepped up. I should be online fairly frequently, but until this extended road trip is over, they’ll be running the place. Thanks for your patience!

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