The Ten Commandments of the American Religion

James Altucher:

If I stand in the center of Times Square New York City and said something like “Moses didn’t part the Red Sea” or “Jesus never existed” everyone would just keep walking around me, ignoring what I said, etc. Whatever, they would be thinking, I have things to do, very important things that have to get done. And this guy is clearly crazy so not worth my time.

But if I stood there and said, “going to college is the worst sin you can force your kids to commit”, or “you should never vote again” or “World War II was not a holy war” or “never own a home again”, I would probably be lynched on the spot.

The American Religion is a fickle and false religion. Used to replace the ideologies we (a country of immigrants) escaped from with tenets that don’t withstand the test of time. With random high priests lurking all over the Internet, ready to pounce. Below are some of the tenets of the American Religion. If you think there are more, list them in the comments.

Are There Too Many Beautiful Women and Powerful Men In The World?

If you have a few minutes and three buckets try this experiment. Fill one bucket with ice-cold water, another bucket with room temperature water and the third bucket with hot water. Then, place one hand in the cold bucket and your other hand in the hot bucket. Give it a few minutes and then put both hands in the room temperature bucket. This is a harmless and fun way to confuse your brain. On one hand (pun intended) you’ll perceive the water as being cold and on the other hand (again, pun intended) you’ll perceive the water as being warm. The reason is obvious – we perceive the room temperature water relatively.

Turns out that the same is true when it comes to how we assess physical attractiveness. And that’s what I want to talk about here.



In a series of studies done back in the 1980s, Douglas Kenrick and Sara Gutierres asked participants to judge average-looking women after being exposed to pictures of other women. Here was the catch: for half of the participants the other women were unusually beautiful and for the other half the other women were average looking. They found that the participants who were exposed to unusually beautiful women judged the average-looking women “significantly uglier.” In other words, the knock-out stole the show.

Holders of Sovereign Debt



macromon:

Here’s a great chart just released by the International Monetary Fund. Note that almost half — 47 percent – of the US$14.7 trillion U.S. federal government debt is held by the Federal Reserve and the government itself, such as the Social Security trust fund. Add to that the 22 percent foreign official holdings (mainly central banks) and almost 70 percent of the debt of the U.S. government is held by non-market/non-profit oriented investors. Stunning!

Ikea Debuts Mänland

Tim Nudd:

Men hate to shop. It’s a truism that Bud Light ads have hammered into us for decades. Ikea has absorbed it, too, and come up with a novel solution in its Australian stores. It’s launched a special in-store area called Mänland, a kind of daycare where husbands and boyfriends can hang out with their own kind (i.e., other Cro-Magnon morons) while their wives and girlfriends shop. Judging by the video below, this makes everyone happy—particularly the guys, who don’t seem to mind the suggestion that they’re essentially imbecilic toddlers who need to be dropped off and picked up like they’re still in preschool. The area is even modeled off the actual Ikea toddler-care area—and women are given a buzzer to remind them to collect their significant other after 30 minutes of shopping. (Instead of arts and crafts, the guys play foosball and Xbox games, watch sports, and eat free hot dogs.) It’s a nice little PR gambit, and it got lots of play in the Australian media—and would surely be a hit in the U.S. too. Because really, the men aren’t needed until the assembly phase anyway.

Germany’s Choice

Suddent Debt:

Germany is the world’s #2 exporter, very close behind China. In 2010 it exported a total of 960 billion euro, amounting to 42% of its GDP. Its trade surplus came to 153 billion euro, almost 7% of GDP. Impressive stuff, no doubt, and an achievement that Germans are justly proud of.

But, not all surpluses are created equal… 35 billion of that surplus, a whopping 23%, was accounted by just four countries: Italy, Spain, Greece and Portugal. Yes, to a very large extent the PIGSs’ munching at the trough was what kept Germans working in their factories. And if you just add France, another country that is currently screeching towards the borderline of fiscal probity – at least according to financial markets – the numbers get even more interesting. Germany’s PIGS+F trade surplus jumps to 64 billion, a full 42% of Germany’s entire trade surplus. In GDP terms (trade surplus is GDP-additive), PIGS+F surplus accounts for nearly 3% of Germany’s economy.

People are biased against creative ideas, studies find

Mary Catt:

The next time your great idea at work elicits silence or eye rolls, you might just pity those co-workers. Fresh research indicates they don’t even know what a creative idea looks like and that creativity, hailed as a positive change agent, actually makes people squirm.

“How is it that people say they want creativity but in reality often reject it?” said Jack Goncalo, ILR School assistant professor of organizational behavior and co-author of research to be published in an upcoming issue of the journal Psychological Science. The paper reports on two 2010 experiments at the University of Pennsylvania involving more than 200 people.

Barnes Foundation Panoramas

NY Times:

The Barnes Foundation, an extraordinary collection of art amassed by Albert C. Barnes, has been one of America’s strangest art museums from the day its doors opened in 1925. Barnes’s unique juxtapositions of paintings and objects were intended to help the viewer learn to look closely at art. The original building, in Merion, Pa., closed at the end of June — the collection will be relocated to a new one in Philadelphia next year — but The Times has created an interactive tour of some of the old museum’s highlights