The unimportant news thread

Started by Lethevich, March 05, 2008, 07:14:50 AM

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Todd

The universe is change; life is opinion. - Marcus Aurelius, Meditations

People would rather believe than know - E.O. Wilson

Propaganda death ensemble - Tom Araya

Todd

Regulators close Signature Bank, say depositors will be made whole

Fortunately, SVB and Signature Bank were the only two troubled banks in the US.
The universe is change; life is opinion. - Marcus Aurelius, Meditations

People would rather believe than know - E.O. Wilson

Propaganda death ensemble - Tom Araya

DavidW

Vinyl has eclipsed sales of cds.  If it sounds like old news that is because in 2021 it did by revenue and now it is doing it by volume. 

https://www.npr.org/2023/03/10/1162568704/vinyl-outsells-cds-first-time-since-1987-records

Only 33 million cds sold annually.  Twenty years ago it was around 800 million.  Streaming has become so impersonal that Gen Z has gone the opposite way-- vinyl.  There is also a resurgence in dumb phones, and more often they prefer reading physical books over ebooks.   

Todd

Quote from: DavidW on March 13, 2023, 06:44:30 AMand more often they prefer reading physical books over ebooks. 

I detest ebooks.  I refuse to read a book that requires a battery. 

Vinyl's mild resurgence is good fun, if perhaps falsely nostalgic.  LPs do come with the physical satisfaction associated with larger, more abundant artwork, and the warm, distorted sound of LPs works just swell for some types of music.  Just how high fidelity does playback need to be for two electric guitars, one electric bass, and drums, all recorded and mixed in a studio?
The universe is change; life is opinion. - Marcus Aurelius, Meditations

People would rather believe than know - E.O. Wilson

Propaganda death ensemble - Tom Araya

DavidW

I teach a student that collects audio cassettes.  Now we just have to wait for the return of eight track!

Brahmsian

Quote from: DavidW on March 13, 2023, 06:56:28 AMI teach a student that collects audio cassettes.  Now we just have to wait for the return of eight track!

My 17 year old nephew has an old soul.  He probably knows more about film and film history than I dare say, most people! He is interested in pursuing a career in film, and I certainly hope he does.

He also collects audio cassettes, DVDs and VHS of films.  :)

I love discussing film with him and asking him "What about this director? Any recommendations?".  It is thrilling for me, and I am sure he enjoys educating his uncle.  8) He loves old films equally to modern, foreign films.  The whole gamut.

VonStupp

#5026
Quote from: DavidW on March 13, 2023, 06:56:28 AMI teach a student that collects audio cassettes.  Now we just have to wait for the return of eight track!

My dad's Caddie had an 8-track player in it. Those things would get so tangled up and often overheat!
VS
"All the good music has already been written by people with wigs and stuff."

VonStupp

Quote from: OrchestralNut on March 13, 2023, 07:00:45 AMMy 17 year old nephew has an old soul.  He probably knows more about film and film history than I dare say, most people! He is interested in pursuing a career in film, and I certainly hope he does.

He also collects audio cassettes, DVDs and VHS of films.  :)

I love discussing film with him and asking him "What about this director? Any recommendations?".  It is thrilling for me, and I am sure he enjoys educating his uncle.  8) He loves old films equally to modern, foreign films.  The whole gamut.

What a good uncle you are!  :)

I had some students of mine in class once, maybe around 16 years old, debating the classic status of Cool Hand Luke and whether or not it was Paul Newman's best film. At the time, I hadn't even seen that movie.

VS
"All the good music has already been written by people with wigs and stuff."

Todd

Quote from: DavidW on March 13, 2023, 06:56:28 AMNow we just have to wait for the return of eight track!

Only if quadrophonic recordings return with it.



I haven't heard an eight track since ~1982, when Dr Demento was still on the air locally.  I do, though, still have some cassette tapes at my disposal and a nifty Sears tape recorder/player.  Perhaps I should buy a fancy, 80s-audiophile-approved tape deck in anticipation of the return of the format.  Man, get that pristine vinyl, then record it to cassette for portability and longevity of the source.  Good stuff.

The universe is change; life is opinion. - Marcus Aurelius, Meditations

People would rather believe than know - E.O. Wilson

Propaganda death ensemble - Tom Araya

Pohjolas Daughter

Quote from: DavidW on March 13, 2023, 06:56:28 AMI teach a student that collects audio cassettes.  Now we just have to wait for the return of eight track!
Get your *pencils ready!

*Think "rewind errant tapes".

PD
Pohjolas Daughter

SimonNZ

Quote from: Pohjolas Daughter on March 13, 2023, 07:23:18 AMGet your *pencils ready!

*Think "rewind errant tapes".

PD

And wind it back with a kink so you press play and hear the wrong side backwards.

Spotted Horses

The "Last Movie I Watched" thread got out of hand and had to be locked? Huh?
There are simply two kinds of music, good music and the other kind. - Duke Ellington

Florestan

Quote from: Spotted Horses on March 13, 2023, 10:50:52 PMThe "Last Movie I Watched" thread got out of hand and had to be locked? Huh?

People tend to be overzealous at their new job, especially when it deals with exercising authority.  ;D

IMO there was nothing in that thread that warranted its being locked.

When I'm creating at the piano, I tend to feel happy; but - the eternal dilemma - how can we be happy amid the unhappiness of others? I'd do everything I could to give everyone a moment of happiness. That's what's at the heart of my music. — Nino Rota

Brahmsian

Quote from: Florestan on March 14, 2023, 02:37:19 AMPeople tend to be overzealous at their new job, especially when it deals with exercising authority.  ;D

IMO there was nothing in that thread that warranted its being locked.



I support the moderator's decision and it is temporary as a cooling period mechanism.  :)

Todd

The universe is change; life is opinion. - Marcus Aurelius, Meditations

People would rather believe than know - E.O. Wilson

Propaganda death ensemble - Tom Araya

drogulus


    This bank run is causing me sleepless minutes. Nevertheless, I refuse to buy more bank shares.
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Karl Henning

Quote from: drogulus on March 14, 2023, 03:04:56 PMThis bank run is causing me sleepless minutes. Nevertheless, I refuse to buy more bank shares.
So, is crypto complete bunko, or what?
Karl Henning, Ph.D.
Composer & Clarinetist
Boston MA
http://www.karlhenning.com/
[Matisse] was interested neither in fending off opposition,
nor in competing for the favor of wayward friends.
His only competition was with himself. — Françoise Gilot

drogulus

Quote from: Karl Henning on March 14, 2023, 04:17:47 PMSo, is crypto complete bunko, or what?

     It's best to think of it like that unless you're a criminal.
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drogulus


    My default view is Fed bashing is for weaklings. Still, you know what they say about stopped clocks, so this might help:

   

    Yeow!

Banks invest their deposits in short-term bonds, for the most part. But even short-term bonds can have large unrealized losses when interest rates spike until the bonds mature. And bonds that have more interest rate risk are even more susceptible to large losses. All told, banks are now sitting on roughly $600 billion of losses in what are supposed to be among the safest instruments in the world. All because the fed went too far too fast.

     The red line on the chart tells the tale.
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Todd

From the Gray Lady: The Silicon Valley Bank Rescue Just Changed Capitalism

Mr Lowenstein's too long op-ed can be summed up thusly: financial industry capture of the American government is now complete as pretenses of effective regulation have been dropped in favor of formalizing the 2008 crisis response of socializing risk while allowing (encouraging) private sector profit and concentration.  It's all good.
The universe is change; life is opinion. - Marcus Aurelius, Meditations

People would rather believe than know - E.O. Wilson

Propaganda death ensemble - Tom Araya