May 12, 2011

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“Navy SEALs hauled away roughly 100 flash memory drives after they killed bin Laden, and officials said they appear to archive the back-and-forth communication between bin Laden and his associates around the world.”

Edited to add this: Maybe he was sending out his inimitably interesting home movies. Or maybe his correspondents were sending him porn. I hope those Internet cafes the couriers were using had fast connections.

Edited again, to add this: I have a file on my hard-drive I call “text”, where I keep stuff that is mainly text-only. It includes the texts of several long novels downloaded off of Gutenberg.com, including “Tom Jones”, “The Pickwick Papers”, “David Copperfield”, “Oliver Twist”, and actually, many MANY others. This file goes back to the ’90′s including letters and Duluth Farmer’s Market history and politics originally typed on a word-processor, then converted and saved, including all my typed personal correspondence since the ’90′s, including a bunch of emails I didn’t used to trust Yahoo to save, and including hundreds of old news stories and copies of web-pages back from old Tittie. It even includes the photos of us tittie-boarders in NYC.

My “text” file contains 132 megabytes.

Osama must have been a speed-reader, and a really fast typist, to use all those thumb drives, or else they HAD to have been sending photos and video back and forth, and lots of them. Maybe mp3 files, like “He’s the Idiot Son of an Asshole”, or was that a video?

I wonder if all of Bin Laden’s associates’ email addresses were redacted, or maybe they had couriers running back and forth to Internet cafes too and used the Internet cafes’ email addresses instead of their own?

Sheesh!

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62. November Rain – Guns N’ Roses

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Economist studies how higher gas price affect consumer behavior

May 12, 2011  |  By: Deborah Baum |  401-863-2478
Justine Hastings Associate Professor of Economics
Brown University economist Justine Hastings uses gasoline purchasing data to show how consumers make buying decisions when prices jump at the pump.

A dollar is a dollar is a dollar, so goes the economic theory of fungibility. But do people really act that way? In a new working paper, Brown University economist Justine Hastings and Jesse Shapiro of Chicago Booth School of Business find striking evidence that basic consumer choice behavior violates this bedrock theory.

“Fungibility is an important assumption in many economic models, but we have a lot of laboratory evidence suggesting that people don’t, in fact, treat a dollar as a dollar,” said Hastings, associate professor of economics. “People instead try to manage their budgets based on rules of thumb, which is a divide-and-conq

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