Counterparties

By Felix Salmon
June 23, 2011
WaPo

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Price gap: Storage vs Bandwidth — Backblaze

What ‘Inside Job’ got wrong — WaPo

Larry Summers joins Square Board Of Directors — HuffPo

xkcd vs conoisseurship — xkcd (see also)

Pictures of China’s Ai Weiwei after release on bail — Reuters

The US immigration system is horribly broken. Jose Antonio Vargas’s amazing story should change minds — NYT

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Comments
One comment so far

Vargas story isn’t going to change too many minds. Here’s why? He isn’t exactly a typical illegal (or for that matter legal) immigrant. The vast majority are poorly educated and likely to be a burden on our nation as long as they are here (and for generations to come).

Don’t believe me? Read “Seeing Today’s Immigrants Straight” (http://www.city-journal.org/html/16_3_i mmigration_reform.html)

Simple summary

“Pay attention to facts on the ground. If someone proposed a program to boost the number of Americans who lack a high school diploma, have children out of wedlock, sell drugs, steal, or use welfare, he’d be deemed mad. Yet liberalized immigration rules would do just that. The illegitimacy rate among Hispanics is high and rising faster than that of other ethnic groups; their dropout rate is the highest in the country; Hispanic children are joining gangs at younger and younger ages. Academic achievement is abysmal.”

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