From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Mon, 14 Mar 2016 22:15:42 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
Early 80s I was at San Jose Research when Jim Gray left for
Tandem, not before leaving "MIP Envy" behind
https://www.garlic.com/~lynn/2007.html#email801006
https://www.garlic.com/~lynn/2007.html#email801016
copy
https://www.garlic.com/~lynn/2007d.html#email800920
and 24sep1980 version here
https://web.archive.org/web/20081115000000/http://research.microsoft.com/~gray//papers/CritiqueOfIBM%27sCSResearch.doc
At Dec81 Asilomar SIGOPS, Jim asked me if I could help a Tandem coworker get his (Stanford) Phd .... which involved "global" LRU page replacement. The "local" LRU page replacement forces were heavily lobbying not to allow the Phd to be granted (at one time the email exchanges were public on the internet).
Jim knew I had done "global" LRU work with CP67 as undergraduate in the 60s about the same time academic "local" LRU papers were being published. Then in the early 70s, the IBM Grenoble science center modified CP67 to conform to "local" LRU papers published in the 60s ("working set" dispatcher) and had paper published in CACM.
At the time Grenoble had 1mbyte 360/67 (155 4k pageable pages after
fixed storage requirements) and Cambridge had 768k 360/67 (104 4k
pageable pages after fixed storage requirements. Cambridge with 70-80
users got better throughput and interactive response than Grenoble did
with 35 users running similar workload. reference
https://www.garlic.com/~lynn/2006w.html#46 The Future of CPUs: What's After Multi-Core?
other references
https://www.garlic.com/~lynn/93.html#4 360/67, was Re: IBM's Project F/S ?
https://www.garlic.com/~lynn/2001c.html#10 Memory management - Page replacement
https://www.garlic.com/~lynn/2002c.html#49 Swapper was Re: History of Login Names
https://www.garlic.com/~lynn/2006i.html#37 virtual memory
https://www.garlic.com/~lynn/2006i.html#38 virtual memory
https://www.garlic.com/~lynn/2006i.html#42 virtual memory
https://www.garlic.com/~lynn/2006j.html#18 virtual memory
https://www.garlic.com/~lynn/2015c.html#66 Messing Up the System/360
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Tue, 15 Mar 2016 09:36:36 -0700Peter Flass <peter_flass@yahoo.com> writes:
One of my hobbies was providing enhanced operating systems for internal
datacenters ... at various times I supported more of my installations
than all Multics systems that ever existed (a little rivalry between 4th
flr and 5th flr).
https://www.garlic.com/~lynn/subtopic.html#545tech
Lots of internal datacenters moved off cp67 to standard vm370
product. Some old posts mentioning moving from cp67 to vm370
https://www.garlic.com/~lynn/2006v.html#email731212
https://www.garlic.com/~lynn/2006w.html#email750102
https://www.garlic.com/~lynn/2006w.html#email750430
and my internal "csv/vm" internal distribution. One of the things mentioned in above was I also picked up the port of SPM to vm370 ... that was also used for automated operator and service virtual machines (coupled with my "autolog" command).
One of my co-workers at science center was also responsible for
the internal network
https://www.garlic.com/~lynn/subnetwork.html#internalnet
and also used for the customer product and basis for the
corporate sponsored BITNET ("EARN" in europe)
https://www.garlic.com/~lynn/subnetwork.html#bitnet
and even tho vm370 never shipped SPM support ... the original standard network product shipped with SPM capabilty. This was used for query&commands between users and the network software and also extending user-to-user messages across the network. The author of REXX in the late 70s also used SPM to implement multi-user 3270 spacewar game (and with VNET/RSCS extended to across the internal network). trivia: almost immediately, some people started writing automated game player bots ... which resulted in changing the game controller to have non-linear increase in energy use as interval between commands/moves drops below a certain threashold.
after moving to San Jose Research, I continue internal product
distribution as SJR/VM ... a few past posts:
https://www.garlic.com/~lynn/2006u.html#26 Assembler question
https://www.garlic.com/~lynn/2006y.html#35 The Future of CPUs: What's After Multi-Core?
https://www.garlic.com/~lynn/2007.html#3 The Future of CPUs: What's After Multi-Core?
https://www.garlic.com/~lynn/2010b.html#100 "The Naked Mainframe" (Forbes Security Article)
https://www.garlic.com/~lynn/2010o.html#63 They always think we don't understand
https://www.garlic.com/~lynn/2010q.html#41 Old EMAIL Index
https://www.garlic.com/~lynn/2011.html#70 Speed of Old Hard Disks
https://www.garlic.com/~lynn/2013f.html#58 The cloud is killing traditional hardware and software
https://www.garlic.com/~lynn/2015g.html#54 Mainframes open to internet attacks?
past posts mentioning SPM:
https://www.garlic.com/~lynn/2001b.html#32 z900 and Virtual Machine Theory
https://www.garlic.com/~lynn/2006k.html#51 other cp/cms history
https://www.garlic.com/~lynn/2006t.html#47 To RISC or not to RISC
https://www.garlic.com/~lynn/2006w.html#8 Why these original FORTRAN quirks?
https://www.garlic.com/~lynn/2006w.html#16 intersection between autolog command and cmsback (more history)
https://www.garlic.com/~lynn/2007.html#11 vm/sp1
https://www.garlic.com/~lynn/2007b.html#14 Just another example of mainframe costs
https://www.garlic.com/~lynn/2007f.html#14 more shared segment archeology
https://www.garlic.com/~lynn/2007k.html#25 IBM 360 Model 20 Questions
https://www.garlic.com/~lynn/2008g.html#22 Was CMS multi-tasking?
https://www.garlic.com/~lynn/2008g.html#41 Was CMS multi-tasking?
https://www.garlic.com/~lynn/2008o.html#73 Addressing Scheme with 64 vs 63 bits
https://www.garlic.com/~lynn/2008s.html#48 New machine code
https://www.garlic.com/~lynn/2009n.html#67 Status of Arpanet/Internet in 1976?
https://www.garlic.com/~lynn/2010h.html#0 What is the protocal for GMT offset in SMTP (e-mail) header time-stamp?
https://www.garlic.com/~lynn/2010k.html#33 Was VM ever used as an exokernel?
https://www.garlic.com/~lynn/2010m.html#28 CSC History
https://www.garlic.com/~lynn/2011b.html#89 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011g.html#49 My first mainframe experience
https://www.garlic.com/~lynn/2011g.html#56 VAXen on the Internet
https://www.garlic.com/~lynn/2011i.html#66 Wasn't instant messaging on IBM's VM/CMS in the early 1980s
https://www.garlic.com/~lynn/2012d.html#24 Inventor of e-mail honored by Smithsonian
https://www.garlic.com/~lynn/2012d.html#38 Invention of Email
https://www.garlic.com/~lynn/2012e.html#64 Typeface (font) and city identity
https://www.garlic.com/~lynn/2012j.html#7 Operating System, what is it?
https://www.garlic.com/~lynn/2012l.html#36 PDP-10 system calls, was 1132 printer history
https://www.garlic.com/~lynn/2013b.html#77 Spacewar! on S/360
https://www.garlic.com/~lynn/2013i.html#27 RBS Mainframe Meltdown: A year on, the fallout is still coming
https://www.garlic.com/~lynn/2013j.html#38 1969 networked word processor "Astrotype"
https://www.garlic.com/~lynn/2013j.html#42 1969 networked word processor "Astrotype"
https://www.garlic.com/~lynn/2014.html#1 Application development paradigms [was: RE: Learning Rexx]
https://www.garlic.com/~lynn/2014e.html#48 Before the Internet: The golden age of online service
https://www.garlic.com/~lynn/2014g.html#93 Costs of core
https://www.garlic.com/~lynn/2014k.html#48 1950: Northrop's Digital Differential Analyzer
https://www.garlic.com/~lynn/2015d.html#9 PROFS
https://www.garlic.com/~lynn/2015g.html#99 PROFS & GML
https://www.garlic.com/~lynn/2016b.html#17 IBM Destination z - What the Heck Is JCL and Why Does It Look So Funny?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic - lies about Medicare Newsgroups: alt.folklore.computers Date: Tue, 15 Mar 2016 12:32:54 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
some old NSFNET email
https://www.garlic.com/~lynn/lhwemail.html#nsfnet
Date: Sun, 19 Feb 1989 11:40:09 PST
From: wheeler
re: g'burg 2/17;
Oh, I almost forgot. The big upcoming NSA bid was also discussed.
Anne has talked to NSA several times before on the HSDT subject and I
had gone over some of the HSDT plus the pitch that was the predecessor
to the current software/system's middle layer pitch.
The NSA situation is going to require follow-up. About a month ago
one of the people that report to the chief scientist at NSA came by
and we talked informally for several hours on the various subjects
related to leading edge technical computing; high performance
workstations, high-speed interconnect, management facilities, etc (and
what we were doing in those areas; RIOS, AIXNET, HSDT, middle
layer, etc).
Also, during the G'burg meeting, the Ethernet Myths and Reality
subject came up. A couple of the SID people don't appear to be
up-to-date on the latest information regarding T/R & Ethernet
(i.e. Ethernet performance, degree of degradation caused by
collisions, good & bad Ethernet controller chips, most recent
articles and published reports, use of Ethernet over IBM wiring, as
well as hiearchial scale-up of Ethernet networks using high
performance ip-routers).
... snip ... top of post, old email index, HSDT email
past HSDT posts
https://www.garlic.com/~lynn/subnetwork.html#hsdt
past 3tier posts
https://www.garlic.com/~lynn/subnetwork.html#3tier
Date: Tue, 13 Sep 94 15:15:29 -0700
From: wheeler
We had a high-speed, high-performance pilot backbone system (major
traffic included the original rs/6000 chip design multi-mbyte files
being shipped from austin to san jose to a custom-built,
one-of-its-kind, 50,000* faster, logic simulator). We had been working
with NSF and were suppose to get $20M to interconnect NSF
supercomputer centers. Then congress cut the budget, some other things
happened and finally they release RFP. Internal politcs prevent us
from bidding.
Director of NSF then wrote a letter to president of IBM research
copying IBM chariman of the board (he had backing of chief scientist
at NSA and the former chief scientist at IBM) but that just made the
internal politics worse. A technical review by NSF people said our
technology was at least five years ahead of all RFP responses.
... to paraphrase, you can tell the people 5-10 years ahead of their
time by the arrows in their back???
... snip ... top of post, old email index, NSFNET email
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Tue, 15 Mar 2016 14:56:02 -0700Jon Elson <jmelson@wustl.edu> writes:
they mentioned that a big difference between 360/195 and 370/195 was addition of instruction retry which significantly improved reliability.
peak 195 was around 10mips ... but didn't have branch prediction or speculative execution ... so conditional branches drained pipeline and most codes ran around 5mips. dual i-streams avg. 5mips each, could keep 195 running peak.
Later at SJR, they had 370/195 that ran MVT with typical queue/backlog was around 3 months for an hour numeric intesive job. Palo Alto Science Center did some stuff to vm370 for their 370/145 (benchmarking and some other stuff) to run their task background ... especially offshift & weekends soaking up spare cycles. 370/145 was something like 30 times slower than 370/195 ... but they could get a month turn-around (instead of 3months with the SJR 370/195).
Across the street was the disk engineering (bldg14) and product test (bldg15) labs. They were running around-the-clock, 7x24, scheduled stand-alone test time on their mainframes for disk development and test. They had once tried MVS for concurrent testing but found it had 15min MTBF in that environment (requiring manual reboot). I offered to rewrite I/O supervisor so it was bullet-proof and never fail. They were then able to do on-demand, anytime, concurrent testing ... greatly improving productivity.
bldg15 then got the 3rd engineering 3033 ... and since even multiple concurrent testing only used one or two percent of the processor ... we put up online service for small select group of people ... and would sometimes do favors for others.
One of the things was guy doing air-bearing simulation for design of thin-film floating (disk) heads. Even with expedited service his turning around on the 370/195 was a couple weeks. We set him up so he could run on the bldg15 3033 and he was able to get multiple turn arounds a day (the 3033 was only 4.5MIPS compared to 10MIPS for the 370/195, but there was no backlog).
misc. past posts getting to play disk engineer in bldg. 14&15
https://www.garlic.com/~lynn/subtopic.html#disk
past posts in this thread
https://www.garlic.com/~lynn/2016b.html#99 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#101 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#103 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#104 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#111 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#112 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#0 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#1 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
past posts mentioning dual i-stream 195
https://www.garlic.com/~lynn/94.html#38 IBM 370/195
https://www.garlic.com/~lynn/99.html#73 The Chronology
https://www.garlic.com/~lynn/99.html#97 Power4 = 2 cpu's on die?
https://www.garlic.com/~lynn/2000g.html#15 360/370 instruction cycle time
https://www.garlic.com/~lynn/2001j.html#27 Pentium 4 SMT "Hyperthreading"
https://www.garlic.com/~lynn/2001n.html#63 Hyper-Threading Technology - Intel information.
https://www.garlic.com/~lynn/2003m.html#60 S/360 undocumented instructions?
https://www.garlic.com/~lynn/2003p.html#3 Hyperthreading vs. SMP
https://www.garlic.com/~lynn/2004.html#27 dual processors: not just for breakfast anymore?
https://www.garlic.com/~lynn/2004e.html#1 A POX on you, Dennis Ritchie!!!
https://www.garlic.com/~lynn/2005.html#19 The Soul of Barb's New Machine (was Re: creat)
https://www.garlic.com/~lynn/2005f.html#22 System/360; Hardwired vs. Microcoded
https://www.garlic.com/~lynn/2005p.html#14 Multicores
https://www.garlic.com/~lynn/2006c.html#6 IBM 610 workstation computer
https://www.garlic.com/~lynn/2006c.html#29 IBM 610 workstation computer
https://www.garlic.com/~lynn/2006d.html#0 IBM 610 workstation computer
https://www.garlic.com/~lynn/2006d.html#10 IBM 610 workstation computer
https://www.garlic.com/~lynn/2006m.html#51 The System/360 Model 20 Wasn't As Bad As All That
https://www.garlic.com/~lynn/2006r.html#2 Was FORTRAN buggy?
https://www.garlic.com/~lynn/2006s.html#21 Very slow booting and running and brain-dead OS's?
https://www.garlic.com/~lynn/2006t.html#41 The Future of CPUs: What's After Multi-Core?
https://www.garlic.com/~lynn/2007f.html#10 Beyond multicore
https://www.garlic.com/~lynn/2007r.html#20 Abend S0C0
https://www.garlic.com/~lynn/2007t.html#37 Intel memory latencies
https://www.garlic.com/~lynn/2008c.html#92 CPU time differences for the same job
https://www.garlic.com/~lynn/2009d.html#54 mainframe performance
https://www.garlic.com/~lynn/2009e.html#5 registers vs cache
https://www.garlic.com/~lynn/2009k.html#49 A Complete History Of Mainframe Computing
https://www.garlic.com/~lynn/2012e.html#96 Indirect Bit
https://www.garlic.com/~lynn/2012n.html#33 390 vector instruction set reuse, was 8-bit bytes
https://www.garlic.com/~lynn/2013c.html#67 relative speeds, was What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013i.html#33 DRAM is the new Bulk Core
https://www.garlic.com/~lynn/2014e.html#15 Last Gasp for Hard Disk Drives
https://www.garlic.com/~lynn/2015h.html#82 IBM Automatic (COBOL) Binary Optimizer Now Availabile
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Tue, 15 Mar 2016 15:49:44 -0700Jon Elson <jmelson@wustl.edu> writes:
as mentioned recently in this thread, Jim Gray wrote MIP Envy as he was
leaving for Tandem.
https://www.garlic.com/~lynn/2007d.html#email800920
I got blamed for online computer conferencing (precursor to social
media) on the internal network (larger than arpanet/internet from just
about the beginning until the mid-80s) in the late 70s and early
80. Most widely read was "Tandem Memos" that started with a trip report
that I distributed after visiting Jim at Tandem. Folklore is that when
the corporate executive committee was told about online computer
conferencing (and the internal network), 5of6 wanted to fire me.
https://www.garlic.com/~lynn/subnetwork.html#internalnet
from IBM Jargon:
MIP envy - n. The term, coined by Jim Gray in 1980, that began the
Tandem Memos (q.v.). MIP envy is the coveting of other's facilities -
not just the CPU power available to them, but also the languages,
editors, debuggers, mail systems and networks. MIP envy is a term every
programmer will understand, being another expression of the proverb The
grass is always greener on the other side of the fence.
Tandem Memos - n. Something constructive but hard to control; a fresh of
breath air (sic). That's another Tandem Memos. A phrase to worry middle
management. It refers to the computer-based conference (widely
distributed in 1981) in which many technical personnel expressed
dissatisfaction with the tools available to them at that time, and also
constructively criticized the way products were [are] developed. The memos
are required reading for anyone with a serious interest in quality
products. If you have not seen the memos, try reading the November 1981
Datamation summary.
... snip ...
somewhat as a result, a researcher was paid to sit in the back of my
office studying how I communicated, taking notes on face-to-face,
getting copies of all my incoming & outgoing email, logs of instant
messages, etc. Material was used for internal research reports,
papers, talks, books, and Stanford Phd (joint between language
and computer AI). some past posts
https://www.garlic.com/~lynn/subnetwork.html#cmc
old email from long ago and far away:
Date: 10/29/81 14:23:23
To: wheeler
Found more about the task force on which I will be sitting in November.
It apparently was commissioned by corporate VP for Technical Vitality to
study the work environment contemplated for IBM "Professionals" in the
later part of this decade. I got a package of material that is "food
for thought" that I was encouraged(!) to share with my colleagues.
The first of the pieces was a memo to Distribution "A" signed by John
Opel. Interestingly enuf, it wasn't on letterhead. It goes as follows.
August 12, 1981
Many IBMers need access to computing power to do their jobs and we have
tried to supply them with the right tools, in the right quantity, at the
right time. But recent feedback in the form of surveys and comment, has
convinced me we have to do more. A shortage of computing power can
adversely affect not only the quality and quantity of the work our
professional employees turn out, but their morale as well.
Therefore, despite the strong market demand for all our products, we are
now providing additional internal computing resource, including both
mainframes and peripherals, with special emphasis on the needs of our
plants and laboratories. Some equipment will also be available to
support other operating units. In the future, we plan to ship new
products directly to IBM sites much earlier than we have in the past.
This program, which will include early 3081s and 3380s, will also
include the IBM Personal Computer.
A road show on the IBM Personal Computer has been put together by Boca
Raton, and Dennis Andrews of Boca will be calling plant/lab site
managers to schedule briefings and demonstrations.
Please be sure the people who report to you understand and communicate
this change in priorities. Also, be surre the appropriate people give
careful attention to the Boca presentation so that by September 15,
1981, they can order IBM Personal Computers for those who need them in
their work.
(Signed) John R. Opel.
Note: There was NO classisification on this letter.
Another part of the package included a bit entitled "Excerpts From
Widely Distributed VNET Messages". Most of it was XXXXXXX's farewell
memo and another farewell memo that was put into the system later. I
don't remember exactly whose it was.
The next part of the package was press release information on the Xerox
STAR.
Lastly there is a paper by A. J. Thadhani entitled "Interactive User
Productivity" which on a browse looks like what Doherty has been saying
for some time.
The task force is expected to run 12 hours a day for 4 days, with some
slop over to Friday. I am expected to give a 30 minute pitch on my
collected thoughts on the subject of working environment.
I reiterate that I was encouraged to consult my colleagues, and this is
the best way I know how. I your views on this or anything else in the
subject of working environment/computers/personal computing, and what
IBM should do for itself.
... snip ... top of post, old email index
One of the changes was big influx in the installation of 4341s out in
departmental areas (sort of coming wave of distributed computing
tsunami) ... old email
https://www.garlic.com/~lynn/lhwemail.html#4341
The corporate VP of Technical Vitality came out supposedly to talk to me about my ideas for improving things inside IBM ... but the repeated message during the discussion that went on for a couple hrs was that I and the IBM company were on collusion course (when I distributed things with detailed document).
Another taskforce visited several research and technical institutions
and wrote up comparison/observations ... I've previously posted bits
and pieces:
https://www.garlic.com/~lynn/2001l.html#61 MVS History (all parts)
https://www.garlic.com/~lynn/2006n.html#56 AT&T Labs vs. Google Labs R&D History
https://www.garlic.com/~lynn/2006p.html#31 "25th Anniversary of the Personal Computer"
https://www.garlic.com/~lynn/2006t.html#37 Are there more stupid people in IT than there used to be?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Tue, 15 Mar 2016 16:07:35 -0700re:
somewhat related to Opel's reference to IBM/PC ...
El-Erian is discussing bimodal distribution. The Only Game in Town:
Central Banks, Instability, and Avoiding the Next Collapse (Mohamed
A. El-Erian)
https://www.amazon.com/Only-Game-Town-Instability-Avoiding-ebook/dp/B0165I3V4C/
loc3334-36:
Remember the dominance of IBM on the eve of the personal computer (PC)
revolution. The company had by far the most powerful brand in
technology. Each year it deployed a large R&D budget. And it was
profitable. By these metrics, it was in a very strong position to
dominate the PC revolution.
loc3336-39:
Research shows that IBM executives were aware of the "disruptive
technology" aspect of the PC. They discussed the issues involved,
recognizing the potential for a bimodal outcome for mainframe customers,
their bread-and-butter clientele. Some would be lost permanently to the
PC while others would be interested in mainframe upgrades to support new
requirements.
loc3340-41:
But when it came to implementation, IBM appeared to fall into the
"active inertia" trap. Rather than pivot decisively to the new approach,
they allowed their much more familiar historical behavior to
overinfluence their future actions.
... snip ...
Late 80s, a senior disk engineer gets a talk scheduled at annual,
world-wide, internal communication group conference, supposedly on 3174
performance ... but opens the talk with statement that the communication
group was going to be responsible for the demise of the disk
division. The issue was that the communication group had stranglehold on
datacenters with corporate strategic ownership of everything crossing
the datacenter walls, and were fiercely fighting off distributed
computing and client/server (trying to preserve their dumb terminal
paradigm and install base). The disk division was starting to see data
fleeing the datacenter to more distributed computing friendly platforms
with drop in disk sales. The disk division had come up with a number of
solutions to reverse the process, but were constantly being vetoed by
the communication group. some posts
https://www.garlic.com/~lynn/subnetwork.html#terminal
Trivia: The science center had developed a lot of performance
technologies, monitoring, simulation, analytical modeling,
workload&system profiling (evolves into capacity planning), etc.
https://www.garlic.com/~lynn/subtopic.html#545tech
One of the APL-based analytical models was enhanced and offered on the
world-wide online sales&marketing support system HONE as Performance
Predictor, sales support could enter workload&system profiles and ask
change "what-if" questions.
https://www.garlic.com/~lynn/subtopic.html#hone
I had done dynamic adaptive resource management as undergraduate in the
60s, which was picked up and shipped in CP67. In the morph from CP67 to
VM370 there was a lot of simplification and many features were
dropped. During the FS period I continued to work on 360/370 stuff (even
periodically ridiculing FS activity). VM370 customers were lobbying for
re-introduction of my dynamic adaptive resource management and the with
the implosion of FS and the mad rush to get stuff back into the 370
product pipelines, contributed to decision to (re-)release my "Resource
Manager".
https://www.garlic.com/~lynn/subtopic.html#fairshare
and
https://www.garlic.com/~lynn/submain.html#futuresys
I had also developed some automated benchmarking tools that could vary
workload & configuration. As part of the release of the "Resource
Manager", 2000 automated benchmarks were run that took 3months elapsed
time. The first 1000 benchmarks were selected to methodically cover
possible workload and configuration profiles. The last 1000 benchmarks
workload&configuration profiles was selected by a modified version of
the Performance Predictor which was fed results of all previous
benchmarks. It would select workload/configuration, predict the results
and then compare the benchmark results with the predicted. It would also
search for optimal workload+configurations doing "hill climbing"
searching for maximums and also attempting to differentiate from "local"
maximums verses "real" maximums. This assumes that there might be an
arbitrary number of optimal maximum solutions somewhat analogy to
multi-modal (not just bimodal) distribution.
https://www.garlic.com/~lynn/submain.html#benchmark
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Tue, 15 Mar 2016 18:30:40 -0700hancock4 writes:
science center
https://www.garlic.com/~lynn/subtopic.html#545tech
did their own virtual memory system cp/40 for 360/40 modified with
relocation hardware.
https://www.garlic.com/~lynn/cp40seas1982.txt
cp/40 morphs into cp/67 when science center gets a 360/67 (trivia: the
cp/cms group at the science center had 11 people when the tss/360 group
had 1,100 people). Lots of places ran CP/67 on their 360/67.
https://en.wikipedia.org/wiki/CP/CMS
Univ. of Michigan wrote their own virtual memory system MTs, for 360/67,
https://en.wikipedia.org/wiki/Michigan_Terminal_System
https://web.archive.org/web/20221216212415/http://archive.michigan-terminal-system.org/
from somebody that worked on MTS
http://www.eecis.udel.edu/~mills/gallery/gallery7.html
http://www.eecis.udel.edu/~mills/gallery/gallery8.html
other MTS pages have gone 404 ... but still are at wayback machine:
https://web.archive.org/web/20050212073808/www.itd.umich.edu/~doc/Digest/0596/feat01.html
https://web.archive.org/web/20050212073808/www.itd.umich.edu/~doc/Digest/0596/feat02.html
https://web.archive.org/web/20050212183905/www.itd.umich.edu/~doc/Digest/0596/feat03.html
some number of other univ. ran MTS ... especially on 370.
a little MTS lore:
https://web.archive.org/web/20221216212415/http://archive.michigan-terminal-system.org/myths
Germ of Truth
Early versions of what became UMMPS were based in part on LLMPS from
MIT's Lincoln Laboratories.
Early versions of what would become MTS were known as LTS. The initial
"L" in LTS and in LLMPS stood for "Lincoln".
... snip ...
Stanford wrote Orval system for 360/67 (along with Whylbur editor)
https://en.wikipedia.org/wiki/ORVYL_and_WYLBUR
http://www.slac.stanford.edu/spires/explain/manuals/ORVMAN.HTML
http://www.stanford.edu/dept/its/support/wylorv/
Wylbur later was ported to MVS
posts in this thread:
https://www.garlic.com/~lynn/2016b.html#99 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#101 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#103 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#104 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#111 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016b.html#112 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#0 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#1 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#3 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#4 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
https://www.garlic.com/~lynn/2016c.html#5 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Why was no one prosecuted for contributing to the financial crisis? New documents reveal why Date: 15 Mar 2016 Blog: FacebookWhy was no one prosecuted for contributing to the financial crisis? New documents reveal why
Robert Rubin Was Targeted for DOJ Investigation by Financial Crisis
Commission
http://fortune.com/2016/03/13/robert-rubin-financial-crisis-commission-justice-department/
National Archives Opens Financial Crisis Inquiry Commission Records
http://www.archives.gov/press/press-releases/2016/nr16-45.html
Rigged Justice: 2016 ; How Weak Enforcement Lets Corporate Offenders
Off Easy
http://www.warren.senate.gov/files/documents/Rigged_Justice_2016.pdf
The president of AMEX was in competition to be the next CEO. The
looser takes his protegee and leaves, going to Baltimore and taking
over what has been described as loan sharking business. They take over
some number of other firms, eventually acquiring CITI in violation of
Glass-Steagall. Greenspan gives them an exemption while they lobby
congress for repeal of Glass-Steagall (enabling too big to fail)...
lobbying some number of people in washington to assist including
SecTreas (former head of goldman-sachs) ... once they have it
underway, the SecTreas resigns and becomes, what at the time is
described as co-CEO of CITI. The protegee then leaves and becomes CEO
of JPMorgan/Chase, another too big to fail
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
and
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
The SecTreas is replaced by his protegee
https://en.wikipedia.org/wiki/Lawrence_Summers
Is Harvard responsible for the rise of Putin?: John Helmer: Convicted
Fraudster Jonathan Hay, Harvard's Man Who Wrecked Russia, Resurfaces
in Ukraine
http://www.nakedcapitalism.com/2015/02/convicted-fraudster-jonathan-hay-harvards-man-who-wrecked-russia-resurfaces-in-ukraine.html
If you are unfamiliar with this fiasco, which was also the true
proximate cause of Larry Summers' ouster from Harvard, you must read
an extraordinary expose, How Harvard Lost Russia, from Institutional
Investor. I am told copies of this article were stuffed in every
Harvard faculty member's inbox the day Summers got a vote of no
confidence and resigned shortly thereafter.
... snip ...
How Harvard lost Russia; The best and brightest of America's premier
university came to Moscow in the 1990s to teach Russians how to be
capitalists. This is the inside story of how their efforts led to
scandal and disgrace.
https://web.archive.org/web/20160325154522/http://www.institutionalinvestor.com:80/Article/1020662/How-Harvard-lost-Russia.html
Mostly, they hurt Russia and its hopes of establishing a lasting
framework for a stable Western-style capitalism, as Summers himself
acknowledged when he testified under oath in the U.S. lawsuit in
Cambridge in 2002. "The project was of enormous value," said Summers,
who by then had been installed as the president of Harvard. "Its
cessation was damaging to Russian economic reform and to the
U.S.-Russian relationship."
... snip ...
and across the river from Harvard, Confessions of an Economic Hit Man
https://www.amazon.com/gp/product/B001AFF266/
Dogmas of Our Economic System Must Change, Says Former Economic Hit
Man
http://www.truth-out.org/news/item/35192-dogmas-of-our-economic-system-must-change-says-former-economic-hit-man
The World Bank's Anti-Poverty Push Made These Controversial Tycoons
Even Richer
http://www.motherjones.com/politics/2016/01/risky-business-ifc-wealthy-beneficiaries
past posts
https://www.garlic.com/~lynn/2011p.html#63 21st Century Management approach?
https://www.garlic.com/~lynn/2011p.html#71 A question for the readership
https://www.garlic.com/~lynn/2011p.html#80 The men who crashed the world
https://www.garlic.com/~lynn/2011p.html#111 Matt Taibbi with Xmas Message from the Rich
https://www.garlic.com/~lynn/2012.html#25 You may ask yourself, well, how did I get here?
https://www.garlic.com/~lynn/2012d.html#57 Study Confirms The Government Produces The Buggiest Software
https://www.garlic.com/~lynn/2012e.html#70 Disruptive Thinkers: Defining the Problem
https://www.garlic.com/~lynn/2012f.html#70 The Army and Special Forces: The Fantasy Continues
https://www.garlic.com/~lynn/2012j.html#81 GBP13tn: hoard hidden from taxman by global elite
https://www.garlic.com/~lynn/2012k.html#45 If all of the American earned dollars hidden in off shore accounts were uncovered and taxed do you think we would be able to close the deficit gap?
https://www.garlic.com/~lynn/2012n.html#60 The IBM mainframe has been the backbone of most of the world's largest IT organizations for more than 48 years
https://www.garlic.com/~lynn/2012n.html#83 Protected: R.I.P. Containment
https://www.garlic.com/~lynn/2012o.html#2 OT: Tax breaks to Oracle debated
https://www.garlic.com/~lynn/2013d.html#93 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#95 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#98 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013e.html#7 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013e.html#25 What Makes bank regulation and insurance Bizarre?
https://www.garlic.com/~lynn/2013e.html#51 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013i.html#78 Has the US Lost Its Grand Strategic Mind?
https://www.garlic.com/~lynn/2013k.html#69 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013m.html#80 The REAL Reason U.S. Targets Whistleblowers
https://www.garlic.com/~lynn/2014.html#40 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014b.html#38 Can America Win Wars
https://www.garlic.com/~lynn/2014b.html#62 UK government plans switch from Microsoft Office to open source
https://www.garlic.com/~lynn/2014c.html#41 UK government plans switch from Microsoft Office to open source
https://www.garlic.com/~lynn/2014c.html#49 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#37 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#38 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#47 Stolen F-35 Secrets Now Showing Up in China's Stealth Fighter
https://www.garlic.com/~lynn/2014g.html#66 Revamped PDP-11 in Brooklyn
https://www.garlic.com/~lynn/2014h.html#70 Alan Grayson: Is Keith Alexander Selling Classified Information to the Banks?
https://www.garlic.com/~lynn/2014j.html#104 No Internet. No Microsoft Windows. No iPods. This Is What Tech Was Like In 1984
https://www.garlic.com/~lynn/2015b.html#1 do you blame Harvard for Puten
https://www.garlic.com/~lynn/2015b.html#4 Pay Any Price: Greed, Power, and Endless War
https://www.garlic.com/~lynn/2015b.html#5 Swiss Leaks lifts the veil on a secretive banking system
https://www.garlic.com/~lynn/2015b.html#8 Shoot Bank Of America Now---The Case For Super Glass-Steagall Is Overwhelming
https://www.garlic.com/~lynn/2015b.html#68 Why do we have wars?
https://www.garlic.com/~lynn/2015c.html#13 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015e.html#67 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#30 Analysis: Root of Tattered US-Russia Ties Date Back Decades
https://www.garlic.com/~lynn/2015f.html#44 No, the F-35 Can't Fight at Long Range, Either
https://www.garlic.com/~lynn/2015f.html#45 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#11 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#14 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015h.html#122 For those who like to regress to their youth? :-)
https://www.garlic.com/~lynn/2016b.html#31 Putin holds phone call with Obama, urges better defense cooperation in fight against ISIS
https://www.garlic.com/~lynn/2016b.html#39 Failure as a Way of Life; The logic of lost wars and military-industrial boondoggles
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Wed, 16 Mar 2016 09:44:23 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
Thadhani reports had human productivity improved with .25sec interative response (there was early YKT research study about variation between people regarding perception of "immediate" response ... some couldn't differentiate between immediate and .2secs, others could differentiate between immediate and "delay" down to .1secs).
from ibm jargon:
bad response - n. A delay in the response time to a trivial request of
a computer that is longer than two tenths of one second. In the 1970s,
IBM 3277 display terminals attached to quite small System/360 machines
could service up to 19 interruptions every second from a user I
measured it myself. Today, this kind of response time is considered
impossible or unachievable, even though work by Doherty, Thadhani, and
others has shown that human productivity and satisfaction are almost
linearly inversely proportional to computer response time. It is hoped
(but not expected) that the definition of Bad Response will drop below
one tenth of a second by 1990.
... snip ...
I've posted periodically that some internal sites bragged about having online vm370s getting consistent .25sec system trivial interactive response. However, local channel attach 3272/3277 had .086 hardware response ... making response seen by human for .25sec system response, .336sec. I had several operations that would get .11sec system trivial interactive response ... making response seen by human .196sec.
then they did 3274 controller where they moved a lot of the electronics
for 3278 back into the controller (to reduce terminal manufacturing
costs). This significantly increased protocol chatter over the terminal
coax ... and local channel attach 3274/3278 had hardware response of
.3-.5secs for typical operations ... making it impossible to have .25sec
(total) response seen by human. SNA (non-direct channel) connected
controllers and "remote" controllers significantly increased that
latency. MVS/TSO response tended to be much worse than second response
... which contributes to that population rarely noticing transition from
3272/3277 to 3274/3278. Internally, there were complaints to 3274
product administrator that 3274 made interactive computing worse.
Eventually the 3274 product administrator responded that 3274 wasn't
designed for online interactive computing, it was designed for data
entry (i.e. online keypunch). reference
https://www.garlic.com/~lynn/2001m.html#19 3270 protocol
Later the 3274 coax protocol chatter overhead shows up in
upload/download speed with ibm/pc terminal emulator. 3277 emulator card
had three times the upload/download throughput of 3278 emulator card.
https://www.garlic.com/~lynn/subnetwork.html#emulation
past posts referencing Thadhani:
https://www.garlic.com/~lynn/2011d.html#53 3270 Terminal
https://www.garlic.com/~lynn/2011p.html#84 Is there an SPF setting to turn CAPS ON like keyboard key?
https://www.garlic.com/~lynn/2012.html#12 Who originated the phrase "user-friendly"?
https://www.garlic.com/~lynn/2012.html#13 From Who originated the phrase "user-friendly"?
https://www.garlic.com/~lynn/2012.html#15 Who originated the phrase "user-friendly"?
https://www.garlic.com/~lynn/2012b.html#2 The PC industry is heading for collapse
https://www.garlic.com/~lynn/2012d.html#19 Writing article on telework/telecommuting
https://www.garlic.com/~lynn/2012m.html#15 cp67, vm370, etc
https://www.garlic.com/~lynn/2012m.html#37 Why File transfer through TSO IND$FILE is slower than TCP/IP FTP ?
https://www.garlic.com/~lynn/2012n.html#37 PDP-10 and Vax, was System/360--50 years--the future?
https://www.garlic.com/~lynn/2012p.html#1 3270 response & channel throughput
https://www.garlic.com/~lynn/2013b.html#55 Dualcase vs monocase. Was: Article for the boss
https://www.garlic.com/~lynn/2014f.html#44 System Response
https://www.garlic.com/~lynn/2014m.html#127 How Much Bandwidth do we have?
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Wed, 16 Mar 2016 10:46:24 -0700Jon Elson <elson@pico-systems.com> writes:
For a time San Jose Research had an MVS168 and a VM158 with a common 3330 disk farm. However, there were 3830/3330 controller/strings that were "dedicated" to MVS and others "dedicated" to VM370 ... to avoid impacting VM370 with the enormous interactive penalty from CKD multi-track search (from OS/360 days, MVS requirement for CKD still continues to this day even though real CKD haven't been made for decades).
One morning, some MVS operator mounted a 3330 pack on a VM158 sraing drive ... and almost immediately the machine room phone was ringing off the hook with irate calls from people all around the building about what had happened to VM/CMS interactive response. The problem was that the CKD multi-track search locks up the channel, controller, and drive for duration ... which can be 1/3rd second (MVS multi-track search locking up the vm158 3830 controller locks out access to all drives on that string from the vm370 side).
TSO response was so horrible and they were so use to the bloated overhead and effects of CKD multi-track search ... they didn't know any better. However, this was a dramatic demonstration about how bad multi-track search can effect interactive response. Note that things like CICS will attempt to minimize use of underlying system services and maximize fixed resident resources to minimize the parallelizing effects of the underlying operating system.
In any case, a demand was made to immediately move the MVS 3330 off a VM370 drive. Initially they refused ... saying they would defer the move to offshift (since it would require interrupting all uses of the drive). We had a highly optimized VS1 system for running under VM370 and put its pack on MVS string ... and started some of our own multi-track searches ... which brought MVS168 to its knees (and alleviated the effect that MVS168 was having on VM/CMS response) ... and they immediately agreed to move their MVS pack off a VM370 drive ... if we would move the VS1 pack (a highly optimized VS1 system running in virtual machine on loaded VM158 easily outperforms a MVS168 system)
misc. past posts mentioning CKD, multi-track search and FBA
https://www.garlic.com/~lynn/submain.html#dasd
trivia: MVT storage allocation was so bad that region sizes had to be
defined four times larger than normally used. This turned out to be
major justification for decision to make all 370 systems virtual
memory. Morphing MVT into OS/VS2 SVS (essentially running MVT in 16mbyte
virtual memory) met that a typical 1mbyte 370/165 with four regions
could be run with 15 regions with OS/VS2 SVS with effectively no paging.
Old post discussing the decision to make all 370s virtual memory (based
on the significant problem with MVT storage allocation, somebody over
in ibmmain mailing list had asked me to contract old IBMers for
the history of this decision)
https://www.garlic.com/~lynn/2011d.html#73 Multiple Virtual Memory
other trivia: Boeing Huntsville had gotten two-processor SMP 360/67 assuming they would run TSS/360 support 2250 graphics displays doing engineering design. With the TSS/360 problems they would run the machine as two 360/65 single processors under os/360. The MVT storage allocation problem ... was especially aggrevated by the long running 2250 graphics design applications. The Beoing Hunstville group eventually modified OS/360 MVT Release 13 to run in virtual memory mode ... it didn't do any paging ... it just used the virtual memory hardware to re-arrange contiguous addresses as countermeasure to MVT storage fragmentation problem.
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Wed, 16 Mar 2016 11:24:55 -0700Jon Elson <elson@pico-systems.com> writes:
In the science center rivalry with the 5th flr,
https://www.garlic.com/~lynn/subtopic.html#545tech
there was something like 120 multics systems over its whole lifetime
... this has complete list of 84 multics installations (but there were
slightly more systems than installations) over complete lifetime into
the 90s
https://www.multicians.org/sites.html
Once 370s appeared ... it was no longer fair to compare numbers of total systems ... even just the total number of internal IBM corporate virtual machine, online systems exceeded the total number of multics systems (over complete lifetime) by at least a factor of ten. I've mentioned before that one of my hobbies was developing and supporting enhanced systems for internal installations. At various times, the total number of my system installations (first cp67, then cscvm & sjrvm) were about the same as the total number of multics installations over its whole lifetime.
Things really exploded with 4300s ... both inside IBM and customers.
The internal network was larger than internet/arpanet from just
about the beginning until sometime mid-80s. At the time of the
great change-over to internetworking protocol on 1Jan1983, there
were about 100 IMP nodes and 255 connected hosts ... when the
internal network was rapidly approaching 1000 nodes (largely
fueled by vm/4341s). Reference to 1983 internal network and
1000 nodes
https://www.garlic.com/~lynn/2006k.html#8 Arpa address
Reference to AFDS (major multics installation) talking about coming out
to talk tome about 20 vm/4341s the spring of 1979, by the time they came
out the fall of 1979, it had grown to 210 vm/4341s ... posted
in both Multics newsgroup
https://www.garlic.com/~lynn/2001m.html#12 Multics Nostalgia
and a.f.c.
https://www.garlic.com/~lynn/2001m.html#15 departmental servers
when I was undergraduate in the 60s, the univ. hired me fulltime to support the IBM production systems. It was 360/67 but ran most of the time with os/360 as 360/65. Summer of '69, Boeing hired me as fulltime employee (still hadn't graduated) to help with the formation of Boeing Computer Services (consolidate dataprocessing into independent business unit to better monetize the investment, including offering services to non-Boeing entities). At the time 747#3 was flying the skies of Seattle getting FAA certification. I thot Renton datacenter was possibly largest in the world ... with something like $300M (69 dollars) in IBM gear. That summer there was constantly parts of 2-3 360/65s in the hallways around the machine room waiting to be installed. They also decided to replicate Renton datacenter up at Paine Field in Everett as disaster survivability ... there is disaster scenario where Mt. Rainier heats up causing massive mud slide that takes out the Renton datacenter.
Later at IBM I would sponsor John Boyd's briefings, possibly in
punishment for his opposition, he was assigned to command "spook
base" about the same time I was at Boeing. Boyd would say it
had the largest air conditioned bldg in that part of the world.
Boyd's biographies claim "spook base" was a $2.5B windfall
(69/70 dollars) for IBM (nearly ten times Rendon). "spook base"
reference gone 404, but lives on at wayback machine:
https://web.archive.org/web/20030212092342/http://home.att.net/~c.jeppeson/igloo_white.html
Boyd posts and URLs from around the web
https://www.garlic.com/~lynn/subboyd.html
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Wed, 16 Mar 2016 17:59:59 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
The Untold Story of Why the SEC Paid Whistleblower Eric Hunsader
$750,000
http://wallstreetonparade.com/2016/03/the-untold-story-of-why-the-sec-paid-whistleblower-eric-hunsader-750000/
Now we have learned a fact that might explain the low award to Hunsader,
the three years it took to pay the award, and the slap on the wrist fine
to the New York Stock Exchange while allowing it to go about its
business of charging obscene fees for vastly different speeds of access
to stock exchange data. Lawyers at Covington & Burling represented the
New York Stock Exchange in this matter and bragged in an article carried
on its web site that "NYSE Euronext got off with just a $5 million fine
over allegations that it released market data to some clients faster
than others."
... snip ...
Why was no one prosecuted for contributing to the financial crisis? New
documents reveal why
http://finance.yahoo.com/news/bethany-mclean-why-no-one-prosecuted-for-financial-crisis-fcic-new-documents-233806072.html
National Archives Opens Financial Crisis Inquiry Commission Records
http://www.archives.gov/press/press-releases/2016/nr16-45.html
Rigged Justice: 2016 ; How Weak Enforcement Lets Corporate Offenders Off
Easy
http://www.warren.senate.gov/files/documents/Rigged_Justice_2016.pdf
long ago and far away, we were called in as consultants to small client/server startup that wanted to do payment transactions on their server, they had also invented this technology called "SSL"; the results is now frequently called "electronic commerce"
Somewhat for doing "electronic commerce", in the mid-90s we were asked
to participate in the X9A10 financial standard working group that had
been given the requirement to preserve the integrity of the financial
infrastructure for *ALL* retail payments (not just internet). One of the
other members was from NSCC and later we got asked to come in (before
NSCC merged with DTC to become DTCC)
https://en.wikipedia.org/wiki/National_Securities_Clearing_Corporation
to look at improving the integrity of exchange transactions. I work on it for awhile and then get call that it was being suspended. Unfortunately a side-effect of the integrity work was vastly improved transparency and visibility ... which is an anathema to wallstreet.
Somewhat before HFT really takes off, ... "while illegal - was safe
enough because, 'the Securities and Exchange Commmission never
understands this.'" (or maybe just looks the other way)
http://nypost.com/2007/03/20/cramer-reveals-a-bit-too-much/
In the congressional Madoff hearings they had the person that had tried
unsuccessfully for a decade to get SEC to do something about
Madoff. They asked him if new regulations were needed. He responded that
while new regulations might be needed, much more important transparency
and visibility was required.
https://www.garlic.com/~lynn/submisc.html#madoff
regulatory capture
https://www.garlic.com/~lynn/submisc.html#regulatory.capture
About the same time in the late 90s that I was (also) asked in to NSCC,
I was also asked if I could help prevent the coming economic mess. A
long winded post from Jan1999.
https://www.garlic.com/~lynn/aepay3.htm#riskm
Securitized mortgages had been used during the S&L crisis to obfuscate
fraudulent mortgages (poster child was office bldgs in dallas/ft.worth
that turned out to be empty lots). I was asked to look at improving
integrity of supporting documents as countermeasure. Then they found
they could pay for triple-A rating (when rating agencies knew they
weren't worth triple-A) ... triple-A trumps supporting documents and
they can start doing no-documentation liar loans (no-documents means
that there is no longer any supporting documents). The triple-A rating
largely responsible for being able to do over $27T 2001-2008 (selling to
funds restricted to dealing in "safe" investments like large public &
private pension funds).
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
Jan2009 (a decade later), I was asked to HTML'ize the Pecora hearings
(30s senate hearings into crash of '29 that results in Glass-Steagall
and criminal convictions) with lots of internal x-refs and URLs between
what happened then and what happened this time (comments that the new
congress might have appetite to do something). I work on it for awhile
and then get a call saying that it won't be needed after all (comments
about enormous piles of wallstreet money totally burying capital hill).
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
Was the U.S. Justice Department Sold to the Highest Bidder
http://wallstreetonparade.com/2012/09/was-the-u-s-justice-department-sold-to-the-highest-bidder/
Crisis of Confidence in U.S. Justice Department Grows
http://wallstreetonparade.com/2014/05/crisis-of-confidence-in-u-s-justice-department-grows/
The Whites Go to the SEC: Why Wall Street Still Owns Washington
http://wallstreetonparade.com/2013/03/the-whites-go-to-the-sec-why-wall-street-still-owns-washington/
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: You count as an old-timer if (was Re: Origin of the phrase "XYZZY") Newsgroups: alt.folklore.computers Date: Wed, 16 Mar 2016 19:16:05 -0700Jon Elson <elson@pico-systems.com> writes:
the trade-off beteween abundant I/O resources versus scarce/constrained real memory in the 60s ... inverted later ... and i/o became bottleneck and real storage was increasingly being used to compensate for I/O bottleneck ... and multiprogramming/multithreading was increasingly being used to overlap with i/o blocked execution (somewhat analogous to modern hardware out-of-order execution ... where execution proceeds with instruction that is not block by cache miss).
I was increasingly vocal by this ... by the early 80s, I was saying
that relative disk i/o system throughput had declined by an order of
magnitude over a period of 15years. Old posts with summary of
comparison (over 15yrs, number of years increased proportional to disk
throughput not processor/memory throughput)
https://www.garlic.com/~lynn/93.html#31 Big I/O or Kicking the Mainframe out the Door
note that CP67, VM370, CMS never made use of multi-track search support, it was always at least logical FBA ... even when using CKD disks (somewhat heritage from CTSS).
Note that I could show at least three times increased I/O throughput
with my paged-mapped filesystem (in modest I/O constrained workload)
... but I did other enhancements. CMS did synchronous I/O ... by
fiddling page tables, I could do asynchronous filesystem I/O ... while
preserving CMS synchronous semantics. I also implemented read-ahead
and write-behind as well as contiguous allocation and large congiquous
block transfers (it wasn't strictly page-mapped ... but page-mapped
made it easier to transparently implement such things w/o having large
hits to CMS)
https://www.garlic.com/~lynn/submain.html#mmap
the adcon and address independent execution required lot more hits
https://www.garlic.com/~lynn/submain.html#adcon
I've periodically mentioned offering MVS people FBA support (which would require operation w/o multi-track search and eliminate enormous resources later required for CKD simulation on FBA long after CKD disks stopped being made). I was told that even if I provided fully integrated and tested FBA support, I would still need $26M business case ($200M-$300M incremental new disk sales) for education and training ... and since customers were already buying disks as fast as they could be made, FBA support would just mean selling same amount of FBA in place of CKD (precluding making any incremental $26M profit).
Some disk division/GPD executives took exception with the statement
about factor of ten times in decline in relative disk system
throughput and assigned the division performance group to refute the
statement ... after a few weeks they came back and said that I had
somewhat understated the problem. They then respin the analysis for a
SHARE presentation (SHARE 63, Presentation B874) about how to
configure disks for improved throughput. past posts mentioning B874:
https://www.garlic.com/~lynn/2002i.html#18 AS/400 and MVS - clarification please
https://www.garlic.com/~lynn/2002i.html#46 AS/400 and MVS - clarification please
https://www.garlic.com/~lynn/2006f.html#3 using 3390 mod-9s
https://www.garlic.com/~lynn/2006o.html#68 DASD Response Time (on antique 3390?)
https://www.garlic.com/~lynn/2007s.html#5 Poster of computer hardware events?
https://www.garlic.com/~lynn/2009g.html#71 308x Processors - was "Mainframe articles"
https://www.garlic.com/~lynn/2009i.html#7 My Vintage Dream PC
https://www.garlic.com/~lynn/2009k.html#34 A Complete History Of Mainframe Computing
https://www.garlic.com/~lynn/2009k.html#52 Hercules; more information requested
https://www.garlic.com/~lynn/2009l.html#67 ACP, One of the Oldest Open Source Apps
https://www.garlic.com/~lynn/2010c.html#1 "The Naked Mainframe" (Forbes Security Article)
https://www.garlic.com/~lynn/2010h.html#70 25 reasons why hardware is still hot at IBM
https://www.garlic.com/~lynn/2010l.html#31 Wax ON Wax OFF -- Tuning VSAM considerations
https://www.garlic.com/~lynn/2010l.html#32 OS idling
https://www.garlic.com/~lynn/2010l.html#33 History of Hard-coded Offsets
https://www.garlic.com/~lynn/2010n.html#18 Mainframe Slang terms
https://www.garlic.com/~lynn/2011.html#35 CKD DASD
https://www.garlic.com/~lynn/2011.html#61 Speed of Old Hard Disks
https://www.garlic.com/~lynn/2011e.html#1 Multiple Virtual Memory
https://www.garlic.com/~lynn/2011p.html#5 Why are organizations sticking with mainframes?
https://www.garlic.com/~lynn/2011p.html#32 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012b.html#73 Tape vs DASD - Speed/time/CPU utilization
https://www.garlic.com/~lynn/2012e.html#39 A bit of IBM System 360 nostalgia
https://www.garlic.com/~lynn/2012o.html#62 ISO documentation of IBM 3375, 3380 and 3390 track format
https://www.garlic.com/~lynn/2013m.html#72 'Free Unix!': The world-changing proclamation made 30 years agotoday
https://www.garlic.com/~lynn/2014l.html#90 What's the difference between doing performance in a mainframe environment versus doing in others
https://www.garlic.com/~lynn/2014m.html#87 Death of spinning disk?
https://www.garlic.com/~lynn/2015g.html#0 Miniskirts and mainframes
https://www.garlic.com/~lynn/2015h.html#110 Is there a source for detailed, instruction-level performance info?
past posts mentioning $26M issue
https://www.garlic.com/~lynn/2009e.html#61 "A foolish consistency" or "3390 cyl/track architecture"
https://www.garlic.com/~lynn/2009j.html#73 DCSS ... when shared segments were implemented in VM
https://www.garlic.com/~lynn/2010k.html#10 Documenting the underlying FBA design of 3375, 3380 and 3390?
https://www.garlic.com/~lynn/2010m.html#4 History of Hard-coded Offsets
https://www.garlic.com/~lynn/2010n.html#14 Mainframe Slang terms
https://www.garlic.com/~lynn/2010n.html#65 When will MVS be able to use cheap dasd
https://www.garlic.com/~lynn/2011.html#23 zLinux OR Linux on zEnterprise Blade Extension???
https://www.garlic.com/~lynn/2011.html#35 CKD DASD
https://www.garlic.com/~lynn/2011b.html#47 A brief history of CMS/XA, part 1
https://www.garlic.com/~lynn/2011b.html#63 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011e.html#35 junking CKD; was "Social Security Confronts IT Obsolescence"
https://www.garlic.com/~lynn/2011e.html#44 junking CKD; was "Social Security Confronts IT Obsolescence"
https://www.garlic.com/~lynn/2011j.html#57 Graph of total world disk space over time?
https://www.garlic.com/~lynn/2012g.html#19 Co-existance of z/OS and z/VM on same DASD farm
https://www.garlic.com/~lynn/2012j.html#12 Can anybody give me a clear idea about Cloud Computing in MAINFRAME ?
https://www.garlic.com/~lynn/2012n.html#65 Fred Brooks on OS/360 "JCL is the worst language ever"
https://www.garlic.com/~lynn/2012n.html#70 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012o.html#31 Regarding Time Sharing
https://www.garlic.com/~lynn/2012o.html#58 ISO documentation of IBM 3375, 3380 and 3390 track format
https://www.garlic.com/~lynn/2012o.html#64 Random thoughts: Low power, High performance
https://www.garlic.com/~lynn/2012p.html#32 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2013.html#40 Searching for storage (DASD) alternatives
https://www.garlic.com/~lynn/2013c.html#68 relative mainframe speeds, was What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#2 Query for Destination z article -- mainframes back to the future
https://www.garlic.com/~lynn/2013f.html#80 The cloud is killing traditional hardware and software
https://www.garlic.com/~lynn/2013g.html#23 Old data storage or data base
https://www.garlic.com/~lynn/2013i.html#2 IBM commitment to academia
https://www.garlic.com/~lynn/2013n.html#54 rebuild 1403 printer chain
https://www.garlic.com/~lynn/2014.html#94 Santa has a Mainframe!
https://www.garlic.com/~lynn/2014b.html#18 Quixotically on-topic post, still on topic
https://www.garlic.com/~lynn/2014e.html#8 The IBM Strategy
https://www.garlic.com/~lynn/2014g.html#14 Is end of mainframe near ?
https://www.garlic.com/~lynn/2015.html#35 [CM] IBM releases Z13 Mainframe - looks like Batman
https://www.garlic.com/~lynn/2015f.html#86 Formal definition of Speed Matching Buffer
https://www.garlic.com/~lynn/2015h.html#24 the legacy of Seymour Cray
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Computers anyone? Newsgroups: alt.folklore.computers Date: Thu, 17 Mar 2016 09:25:08 -0700re:
The F-35 Joint Strike Fighter Is Still a Huge Mess; Test report
underscores ongoing problems with the world's biggest warplane program
http://warisboring.com/articles/the-f-35-joint-strike-fighter-is-still-a-huge-mess/
F-35 Chief: Think Very, Very Hard Before Making Another Joint Fighter
http://www.defenseone.com/technology/2016/03/f-35-chief-think-very-very-hard-making-another-joint-fighter/126587/?
U.S. General Admits F-35 Is Actually Three Separate Airplanes;
Commonality is a myth for 'joint' stealth fighter
http://warisboring.com/articles/u-s-general-admits-f-35-is-actually-three-separate-airplanes/
Military Admits Billion-Dollar War Toy F-35 Is F**ked
http://www.thedailybeast.com/articles/2016/03/17/military-admits-billion-dollar-war-toy-f-35-is-f-ked.html
That assumed that the F-35A, F-35B and F-35C would be highly
similar. You'd build one basic fuselage and cockpit and fit different
wings or the extra engine, as needed. The military aimed for 70-percent
"commonality." In other words, three-quarters of, say, an Air Force
F-35A would match, for example, a Navy F-35C.
70-percent commonality proved impossible as each military branch
demanded increasingly specific qualities in its F-35s. As a result,
today the various models are mostly incompatible. "It's 20- to
25-percent commonality," Bogdan said on March 10.
... snip ...
20yrs ago we spent some time talking to BCS about commonality in 757 and 767 (and others) .... not that the planes were common but they had huge amount of common sub-components. Scenario was 50yrs on, could you part out one kind of plane for spare parts repairing other kind of planes. The issue was that the engineering design was in proprietary DBMS which didn't provide an interface to query where were all specific sub=components in a plane (furthermore the parent of the engineering design application was associated with Boeing's major competitor).
Trivia: as undergraduate in the 60s, I had been hired as a fulltime Boeing employee to help with the formation of BCS (consolidate all dataprocessing in an independent business unit to better monetize the investment, including offering services to non-Boeing entities; one of the precursors to public cloud).
Other trivia: I worked on the original SQL/RDBMS (System/R) ... but was also
called in to help with implementation of a different kind of relational
DBMS. System/R had some implementation optimization to make account
number-based financial transactions (single key) more efficient.
https://www.garlic.com/~lynn/submain.html#systemr
The other kind of relational DBMS was specifically designed for being able to simultaneously deal with information from multiple different arbitrary views (as well as supporting NULLS and 3-value logic).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 17 Mar 2016 10:42:51 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
US Congressman Says Bankers Should Find Way to 'Neuter' Sen. Elizabeth
Warren
http://www.commondreams.org/news/2016/03/16/us-congressman-says-bankers-should-find-way-neuter-sen-elizabeth-warren
Congressman calls on bankers to 'neuter' Elizabeth Warren -- the
'Darth Vader' of Wall Street
https://www.rawstory.com/2016/03/congressman-calls-on-bankers-to-neuter-elizabeth-warren-the-darth-vader-of-wall-street/
GOP Congressman Fears Elizabeth Warren, Makes Trump-esque Comment
About How to Stop Her
http://www.alternet.org/tea-party-and-right/gop-congressman-fears-elizabeth-warren-makes-trump-esque-comment-about-how-stop
too big to fail, too big to prosecute, too big to jail
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: A Spymaster Forgets the Bush Era Date: 17 Mar 2016 Blog: FacebookA Spymaster Forgets the Bush Era; Michael Hayden makes headlines condemning practices he readily enabled.
Success of Failure
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/
past posts
https://www.garlic.com/~lynn/submisc.html#success.of.failuree
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: There Is Regulatory Capture, But It Is By No Means Complete Date: 17 Mar 2016 Blog: Facebook"There Is Regulatory Capture, But It Is By No Means Complete"
past posts mentioning regulatory capture
https://www.garlic.com/~lynn/2009j.html#70 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2009j.html#71 64 Cores -- IBM is showing a prototype already
https://www.garlic.com/~lynn/2011i.html#25 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011p.html#7 FDR explains one dimension of our problem: bankers own the government
https://www.garlic.com/~lynn/2012c.html#39 Greek knife to Wall Street
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2013.html#20 The Big Fail
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013d.html#25 Senator Sherrod Brown Drops a Bombshell in Mary Jo White's Hearing
https://www.garlic.com/~lynn/2013d.html#89 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#94 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013e.html#20 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013e.html#86 What Makes a thread about the European debt crisis Bizarre?
https://www.garlic.com/~lynn/2013f.html#1 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#2 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#11 Secrecy for Sale: Inside the Global Offshore Money Maze
https://www.garlic.com/~lynn/2013f.html#34 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#36 Fed proposes annual assessments for large financial companies
https://www.garlic.com/~lynn/2013g.html#86 How Wall Street Defanged Dodd-Frank
https://www.garlic.com/~lynn/2013h.html#55 OT: "Highway Patrol" back on TV
https://www.garlic.com/~lynn/2013i.html#89 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013j.html#14 Barclays, Traders Fined $487.9 Million by U.S. Regulator
https://www.garlic.com/~lynn/2013j.html#15 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#78 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013j.html#80 Why DOJ Deemed Bank Execs Too Big To Jail
https://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#38 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#52 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013l.html#1 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013l.html#7 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013l.html#43 OT: NYT article--the rich get richer
https://www.garlic.com/~lynn/2013l.html#48 Ex-Wall Street chieftains living large in post-meltdown world
https://www.garlic.com/~lynn/2013l.html#52 Lehman Brothers collapse: was capitalism to blame?
https://www.garlic.com/~lynn/2013m.html#76 The Scholars Who Shill for Wall Street
https://www.garlic.com/~lynn/2013m.html#77 OCC Replies to Elizabeth Warren Reveal Extent of Regulatory Capture on Derivatives
https://www.garlic.com/~lynn/2013n.html#8 copyright, was Re: 'Free Unix!': The world-changing proclamation made 30 yearsagotoday
https://www.garlic.com/~lynn/2013n.html#90 Elizabeth Warren Responds To Third Way Attack By Asking Wall Street To Disclose Ties
https://www.garlic.com/~lynn/2013o.html#81 Academics Who Defend Wall St. Reap Reward
https://www.garlic.com/~lynn/2014b.html#3 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014b.html#50 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#68 Economists and our responsibilities to society
https://www.garlic.com/~lynn/2014k.html#47 LA Times commentary: roll out "smart" credit cards to deter fraud
https://www.garlic.com/~lynn/2014l.html#4 HP splits, again
https://www.garlic.com/~lynn/2014m.html#67 LEO
https://www.garlic.com/~lynn/2015.html#24 Forget the McDonnells. We're ignoring bigger, more pernicious corruption right under our noses
https://www.garlic.com/~lynn/2015b.html#12 Criminal Tax Evader HSBC's CEO Resorts to Bank Apologist Fable of the Virgin Crisis
https://www.garlic.com/~lynn/2015b.html#71 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#81 Stanford Law School Covers Up SEC's Andrew Bowden's Embarrassing Remarks by Deep-Sixing Conference Video
https://www.garlic.com/~lynn/2015b.html#86 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#6 SEC's Andrew Bowden Regulatory Capture Scandal Hits the Major Leagues with Los Angeles Times Column
https://www.garlic.com/~lynn/2015c.html#11 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#16 Retirement Heist
https://www.garlic.com/~lynn/2015c.html#18 SEC's Andrew Bowden Regulatory Capture Scandal Hits the Major Leagues with Los Angeles Times Column
https://www.garlic.com/~lynn/2015c.html#19 Have the Banks Escaped Criminal Prosecution because They're Spying Surrogates?
https://www.garlic.com/~lynn/2015c.html#41 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#49 Global Fragility and the 1997 Asian Financial Crisis
https://www.garlic.com/~lynn/2015c.html#51 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015d.html#24 Wall Street Bailouts Are Finally Over, Right?
https://www.garlic.com/~lynn/2015d.html#28 Bernie Sanders Proposes A Bill To Break Up The 'Too Big To Exist' Banks
https://www.garlic.com/~lynn/2015e.html#23 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#29 Eric Holder Returns as Hero to Law Firm That Lobbies for Big Banks
https://www.garlic.com/~lynn/2015f.html#36 Eric Holder, Wall Street Double Agent, Comes in From the Cold
https://www.garlic.com/~lynn/2015f.html#38 LIBOR: History's Largest Financial Crime that the WSJ and NYT Would Like You to Forget
https://www.garlic.com/~lynn/2015g.html#67 Economics Has a Math Problem
https://www.garlic.com/~lynn/2015g.html#73 Economists' Tribal Thinking
https://www.garlic.com/~lynn/2015g.html#87 Calls for SEC Chair's Replacement Grow Louder in DC
https://www.garlic.com/~lynn/2015h.html#28 rationality
https://www.garlic.com/~lynn/2016.html#21 How Corrupt Is the American Government
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Globalization Worker Negotiation Date: 17 Mar 2016 Blog: FacebookA couple recent books talk about how the globalization legislation over the past couple decades claimed that it would ease selling to other countries increasing US jobs ... but was actually used to move plants and jobs to other countries selling back into the US.
The other gimmick that start late 80s, was labor/human intensive industries were reorging so that human intensive was put in subsidiary separate from where the profit was booked. Airlines moved the profit from airline operations to selling tickets. Airline operations could be loosing money while parent company still made substantial profit (since the profit was being booked in the ticket selling subsidiary). And of course, the labor/human intensive operation not making money is negotiation leverage with workers. Airline operations could even declare bankruptcy and dump pension obligations on government ... still while the parent company was making profit. Auto makers moved the profit into separate subsidiary responsible for selling&financing cars.
Most recent is moving the profit subsidiary out of the country. Major
heavy equipment maker use to make equipment in US, sell to buyers in
US and deliver to buyers in the US. They then created "distributor"
subsidiary in tax haven and the plant sells to the distributor at cost
and the distributor sells to US customer (all the profit is booked in
the tax haven). The equipment is still delivered directly from the US
plant to the US customer.
http://www.icij.org/project/luxembourg-leaks
recent posts mentioning Luxembourg tax haven
https://www.garlic.com/~lynn/2016.html#80 Thanks Obama
https://www.garlic.com/~lynn/2016b.html#85 Qbasic - lies about Medicare
https://www.garlic.com/~lynn/2016b.html#98 Qbasic - lies about Medicare
https://www.garlic.com/~lynn/2016b.html#107 Qbasic - lies about Medicare
tax evasion/haven posts
https://www.garlic.com/~lynn/submisc.html#tax.evasion
Congress periodically has worked hard to be considered the most corrupt institution on earth, especially selling tax loopholes to special interest. 1990s congress passes the fiscal responsibility act (spending couldn't exceed tax revenue ... on its way to eliminating all federal debt). However 2002 congress lets the fiscal responsibility act expire. 2010 CBO report has in the 2003-2009 period, taxes were cut by $6T and spending increased by $6T for $12T budget gap compared to fiscal responsibility act (one of the only times congress cuts taxes to not pay for wars). Since then the taxes haven't been restored and only few dents in the spending so interest on the debt is approaching half trillion/annum
First major bill after fiscal responsibility act is allowed to expire was medicare part-d. CBS 60mins did expose that 18 republicans responsible for the bill, added one line sentence just before final vote and prevents CBO from distributing report on effect of the change (which prevents competitive bidding). Within six months after bill passes, all 18 have resigned and are on drug industry payroll. 60mins show drugs under medicare part-D that are three times the price of identical drugs from the VA (which allows competitive bidding).
By 2005 the US Comptroller General is including in speeches that
nobody in congress is capable of middle school arithmetic (for how
badly they savage the budget) and that part-D comes to be a long term
$40T item totally swamping all other budget items.
https://www.garlic.com/~lynn/submisc.html#medicare.part-d
Besides the newly legalized tax evasion, there still is ongoing old
fashion illegal tax evasion. 2009 IRS announces it is going after
52,000 wealthy americans have evaded $400B in taxes on money illegally
moved offshore. Spring 2011 the new congress announces it is cutting
the budget for the IRS department responsible for recovering the
money. Since then there has been news that the too big to fail
responsible for illegally moving the money have been fined a few
billion, but nothing about recovering the $400B.
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
There is law on the books that companies that fail to pay (legal) taxes aren't eligible for government contracts (not only corporate income taxes but also worker withholding taxes). Usually later you will find some congressman has stepped in to provide an exemption for the firm.
worker compensation has not grown for some time
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html
Boeing had been mostly commercial until merger with McDonnell Douglas in 1997 (20yrs ago) ... by far the #1 gov. contractor is Lockheed.
Disclaimer, as undergraduate in the 60s I was hired as fulltime Boeing employee to help form "Boeing Computer Services" (consolidate dataprocessing in independent business unit to better monetize the investment, including offering services to non-Boeing entities, one the earliest employees in the group). At the time, I thot Renton datacenter was possible largest in the world (upwards of $300M in 69 dollars of 360 equipment). All summer there constantly parts of 2-3 360/65s in the halfways around the machine room waiting to be installed. Boeing had also decided to replicate renton up at Paine field ... there is a disaster scenario where Mt. Rainier warms up and the resulting mud slide takes out Renton datacenter (being w/o Renton datacenter for a week supposedly would cost Boeing more than the cost of the datacenter).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Fri, 18 Mar 2016 15:25:51 -0700hancock4 writes:
this is somewhat the Kabuki Theater which local WashDC press will
periodically call congress ... i.e. what you see publicly may have
nothing at all to do with what is really going on
https://www.garlic.com/~lynn/submisc.html#kabuki.theater
Congressional republicans were major factor behind the fiscal
responsibility act in the 90s (spending couldn't exceed tax revenue,
it was on the way to eliminating all federal debt). Then in 2002 they
let the fiscal responsibility act lapse. 2010 CBO report was that
2003-2009, tax revenue was cut $6T and spending increased $6T for $12T
budget gap compared to the fiscal responsibility budget (possibly only
time taxes were cut to not pay for wars). Since then, little of the
tax revenue has been restored and only few dents in their spending
... so that interest on the debt is now pushing half trillion/annum
https://www.garlic.com/~lynn/submisc.html#fiscal.responsibility.act
It was 18 republicans pushing through Medicare Part-D in 2003 ... first
major legislation after fiscal responsibility act was allowed to expire.
CBS 60mins does expose that they add one line sentence just before final
vote that precludes competitive bidding and prevents CBO from
distributing report of the effects. CBS finds that within six months
later, all 18 have resigned and on drug industry payroll. CBS shows
medicare part-d drugs that are three times the price of identical
drugs from the VA (which allows competitive bidding)
https://www.garlic.com/~lynn/submisc.html#medicare.part-d
By middle of last decade, the US Comptroller General is including in
speeches that nobody in congress is capable of middle school arithmetic
for how badly they are savaging the budget. He also refers to "Part-D"
as enormous gift to the drug industry and says it will come to be
a long term $40T that swamps all other budget items.
https://www.garlic.com/~lynn/submisc.html#comptroller.general
The major transition in congress appears to coincide with the new administration at the start of the century. It is also follows the major shift in the (national) "Chamber of Commerce" detailed here
The Influence Machine: The U.S. Chamber of Commerce and the Corporate
Capture of American Life
https://www.amazon.com/Influence-Machine-Commerce-Corporate-American-ebook/dp/B00NDTUDHA/
Also about the same time was the lobbying for repeal of Glass-Steagall
and preventing CDOs from being regulated.
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
which was major factor behind the rise of too big to fail
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
Note that references from a few years ago was that financial industry
had tripled in size (as percent of GDP) during the economic mess and NY
State controller published that total bonuses paid out by wallstreet had
quadrupled during the same period. recently this claims that financial
industry accounts for 30% of profit
https://promarket.org/there-is-regulatory-capture-but-it-is-by-no-means-complete/
I don't consider myself an expert on the financial industry, but the
fact that the financial industry is responsible for something like 30
percent of all profits seems rather remarkable. I am startled by the
size of the financial industry and what it means. I can't believe this
is really needed for the allocation of resources. A lot of it is going
to be rent-seeking. It creates a diversion of resources, especially
human capital, and not only does it create problems for the legitimacy
of income distribution, but that also means resources diverted for this
purpose [rent-seeking] can't be used elsewhere.
... snip ...
https://www.garlic.com/~lynn/2016c.html#16 There Is Regulatory Capture, But It Is By No Means Complete
financial industry is skimming ever increasing share out of everybody's
pocket.
https://www.garlic.com/~lynn/submisc.html#inequality
trivia: 17Apr2015, garlic.com put up a new webserver and copied all
files from the old webserver to the new webserver. They may be trying to
target commercial/businesses with the new webserver, since they haven't
provided a way to update personal web pages. However, I've discovered
that they (now/still?) have the old webserver up at www.garlic.com
for the personal web pages i.e. "www.garlic.com" is "forbidden" but
https://www.garlic.com/~lynn/
and others work.
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: enigma Newsgroups: alt.folklore.computers Date: Fri, 18 Mar 2016 17:19:46 -0700"Joe Morris" <j.c.morris@verizon.net> writes:
we were interested in the booth because they were one of the first IBM supercomputer installations.
I've mentioned before working on cluster scale-up for ha/cmp
https://www.garlic.com/~lynn/subtopic.html#hacmp
... both commercial and scientific/technical with national
labs. reference to commerical scale-up meeting in ellison's conference
room Jan1992
https://www.garlic.com/~lynn/95.html#13
within a month of the meeting, the scale-up work was transferred,
announced as IBM supercomputer for scientific and technical *ONLY* and
we were told we couldn't work on anything with more than four processors
(contributing to decision to leave IBM) ... some old cluster scale-up
email around that time
https://www.garlic.com/~lynn/lhwemail.html#medusa
and then 17feb1992, IBM press, announced for scientific and technical
only
https://www.garlic.com/~lynn/2001n.html#6000clusters1
and 11may1992, national lab interest in cluster scale-up caught IBM by
surprise
https://www.garlic.com/~lynn/2001n.html#6000clusters2
other trivia ... two of the Oracle people in the Ellison meeting, later leave Oracle and show up at small client/server startup responsible for something called "commerce server". We get brought in as consultants because they want to do payment transactions on the server; the startup had also invented this technology they call "SSL"; the result is now frequently called "electronic commerce".
cryptologic museum has enigma
https://en.wikipedia.org/wiki/National_Cryptologic_Museum
The NCM collection contains thousands of artifacts, including numerous
working World War II German Enigma machines (2 of them are available for
visitors to try out), and a Navy Bombe used to break it.
... snip ...
they also have an IBM Harvest display
https://en.wikipedia.org/wiki/IBM_7950_Harvest
and
https://en.wikipedia.org/wiki/File:HARVEST-tape.jpg
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: To Be or To Do Date: 18 Mar 2016 Blog: FacebookI use to sponsor Boyd's briefings at IBM
Boyd: The Fighter Pilot Who Changed the Art of War pg281/loc4905-6:
He stalked the office, staring at his underlings, then suddenly
walking up to them, sticking a bony finger into their chest, and
saying things such as, "If your boss demands loyalty, give him
integrity. But if he demands integrity, then give him loyalty."
... snip ...
Lots of UCBerkeley (and other) graduates came to briefings at san jose research prepared to be greatly offended and came away surprised how much they like it
First time, I tried to do it through employee education department, initially they agreed and then as I provided them with more information, they changed their mind. They said that IBM spent a great deal of money educating managers on dealing with employees ... they thought that exposing general employees to Boyd would be counter productive. They said that I should restrict the audience to senior members of competitive analysis department
boyd posts and URLs
https://www.garlic.com/~lynn/subboyd.html
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Globalization Worker Negotiation Date: 18 Mar 2016 Blog: Facebookre:
president of AMEX is in competition to be the next CEO and wins (the
looser leaves taking his protegee and goes to Baltimore, taking over
what has been described as loan sharking business). AMEX is in
competition with KKR for private-equity take-over of RJR and KKR
wins. KKR then runs into trouble with RJR and hires away the AMEX
president to turn around RJR.
https://en.wikipedia.org/wiki/Barbarians_at_the_Gate:_The_Fall_of_RJR_Nabisco
IBM has gone into the red and is in the process of being reorg'ed into
the 13 "baby blues" in preparation for breaking up the company. The
board then hires away the former president of AMEX to reverse the
breakup and resurrect IBM. Uses some of same techniques at IBM that
had been used at RJR
https://web.archive.org/web/20181019074906/http://www.ibmemployee.com/RetirementHeist.shtml
Later the former president of AMEX leaves IBM and becomes head of
another large private-equity company which does LBO (among others) of
company that will employ Snowden:
http://www.investingdaily.com/17693/spies-like-us/
Private contractors like Booz Allen now reportedly garner 70 percent
of the annual $80 billion intelligence budget and supply more than
half of the available manpower. They're not going away any time soon
unless the CIA and NSA want to start over and with some off-the-shelf
laptops, networked by the Geek Squad from Best Buy. Security
clearances used to be a government function too, but are now a profit
center for various private-equity subsidiaries.
... snip ...
especially when they get paid for doing background checks but just
fillout paperwork and skip the checks. But the uptic in outsourcing
last decade, also went along with rapidly spreading Success of
Failure culture with the for-profit companies (many private-equity
subsidiaries, under enormous pressure to pass revenue up to their
parent)
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/
gerstner posts
https://www.garlic.com/~lynn/submisc.html#gerstner
posts referencing pensions
https://www.garlic.com/~lynn/submisc.html#pensions
private equity posts
https://www.garlic.com/~lynn/submisc.html#private.equity
Success of Failure posts
https://www.garlic.com/~lynn/submisc.html#success.of.failuree
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: CeBIT and mainframes Newsgroups: bit.listserv.ibm-main Date: 19 Mar 2016 07:29:25 -0700dave.g4ugm@GMAIL.COM (Dave Wade) writes:
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: How Generation Y is paying the price for baby boomer pensions Date: 18 Mar 2016 Blog: FacebookHow Generation Y is paying the price for baby boomer pensions
Baby boomers were four times larger than the previous generation and twice as large as the following generation. Baby Boomers were paying into pension plans (like social security) supposedly building up principal to cover their retirement. However large number of operations were paying out current pension obligations and using the excess yearly deposits for other purposes. This includes social security ... which currently has a missing $2.9T. As baby boomers retire the situation flips, there is less money being paid in each year than is being paid out ... and the principal that was suppose to be there was looted. In the case of Social Security, "Generation Y" will have to pay in for their retirement ... but they will also have to pay additional taxes to replace the $2.9T missing from the Social Security Trust Fund (that was suppose to be there to cover baby boomer retirement).
IBM specific,. AMEX is in competition with KKR for private-equity LBO
take-over of RJR and KKR wins. KKR then runs into trouble with RJR and
hires away the AMEX president to turn around RJR.
https://en.wikipedia.org/wiki/Barbarians_at_the_Gate:_The_Fall_of_RJR_Nabisco
IBM has gone into the red and is in the process of being reorg'ed into
the 13 "baby blues" in preparation for breaking up the company. The
board then hires away the former president of AMEX to reverse the
breakup and resurrect IBM. Uses some of same techniques at IBM that
had been used at RJR (precursor firm to Willis Towers Watson)
https://web.archive.org/web/20181019074906/http://www.ibmemployee.com/RetirementHeist.shtml
Gerstner posts
https://www.garlic.com/~lynn/submisc.html#gerstner
posts referencing pensions
https://www.garlic.com/~lynn/submisc.html#pensions
private equity posts
https://www.garlic.com/~lynn/submisc.html#private.equity
Securitized Mortgages had been used during the S&L crisis to obfuscate fraudulent mortgages (posterchild were office bldgs in Dallas/Ft.Worth that turned out to be empty lots). Late 90s I was asked to try and help prevent coming economic mess by improving the integrity of mortgage supporting documents. However, the sellers discovered that they could pay the rating agencies for triple-A rating (when the rating agencies knew they weren't worth triple-A from Oct2008 congressional hearings into the major role that rating agencies played in the economic mess). Triple-A rating trumps supporting documents and they could start selling no-document, liar loans. The triple-A rating largely responsible for moving mortgages out of traditional market and into the bond market, allowing them to sell to operations restricted to only safe investments, like large private & public pension funds (claim responsible for 30% hit to the funds and trillions in pension shortfall), largely response for over $27T done 2001-2008.
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
toxic CDOs
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
And who is hoovering? Pushing over $27T through that market also
accounts for claim that financial industry tripled in size during the
period (as percent of GDP) and NY state comptroller reported that
wallstreet bonuses more than quadrupled during the period ... and
"There Is Regulatory Capture, But It Is By No Means Complete"
https://promarket.org/there-is-regulatory-capture-but-it-is-by-no-means-complete/
I don't consider myself an expert on the financial industry, but the
fact that the financial industry is responsible for something like 30
percent of all profits seems rather remarkable. I am startled by the
size of the financial industry and what it means. I can't believe this
is really needed for the allocation of resources. A lot of it is going
to be rent-seeking. It creates a diversion of resources, especially
human capital, and not only does it create problems for the legitimacy
of income distribution, but that also means resources diverted for
this purpose [rent-seeking] can't be used elsewhere.
... snip ...
inequality posts
https://www.garlic.com/~lynn/submisc.html#inequality
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: CeBIT and mainframes Newsgroups: bit.listserv.ibm-main Date: 20 Mar 2016 10:32:44 -0700dcrayford@GMAIL.COM (David Crayford) writes:
About the same time of the z196 peak I/O benchmark there was fibre-channel announced for e5-2600 blade claiming over million IOPS, two such fibre-channel getting more throughput than 104 FICON (running over 104 fibre-channel) ... aka FICON is enormously heavy-weight protocol that drastically cuts the native throughput of fibre-channel.
disclaimer: 1980 I was asked to do the support for channel extender for
STL (now IBM Silicon Valley Lab), they were moving 300 people from the
IMS group to offsite bldg. with access back to the STL datacenter; they
had tried remote 3270 but found the human factors intolerable. The
channel extender support put channel attached 3270 controllers out at
the offsite bldg ... and resulted in response indistinguishable from
channel attach 3270 controllers within the STL bldg. The vendor they
tried to get approval from IBM to release the support, but there was a
group in POK that was playing with some serial stuff and they got it
blocked because they were afraid it might interfer with getting their
stuff released.
https://www.garlic.com/~lynn/submisc.html#channel.extender
In 1988, I'm asked to help standardize some serial stuff that LLNL was playing with which quickly becomes fibre channel standard ... one of the issues is that protocol latency effects increases with increase in bandwidth ... so that it becomes apparent even at relatively short distances. One of the features with the 1980 work is that it localized the enormous IBM channel protocol latency at the offsite bldg and then used much more efficient protocol for the longer distance. Fibre-channel used the much more efficient protocol for everything.
In 1990, the POK group finally get their stuff release as ESCON when it
is already obsolete. Then some POK engineers become involved with fibre
channel standard and define a protocol that enormously cuts the native
throughput ... that is eventually released as FICON.
https://www.garlic.com/~lynn/submisc.html#ficon
Note that the more recent zHPF/TCW work for FICON looks a little more
like the work that I had done back in 1980. past posts mentioning
zHPF/TCW
https://www.garlic.com/~lynn/2012m.html#4 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#5 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#11 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#13 Intel Confirms Decline of Server Giants HP, Dell, and IBM
https://www.garlic.com/~lynn/2012m.html#28 I.B.M. Mainframe Evolves to Serve the Digital World
https://www.garlic.com/~lynn/2012m.html#43 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012n.html#9 How do you feel about the fact that today India has more IBM employees than any of the other countries in the world including the USA.?
https://www.garlic.com/~lynn/2012n.html#19 How to get a tape's DSCB
https://www.garlic.com/~lynn/2012n.html#44 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012n.html#51 history of Programming language and CPU in relation to each
https://www.garlic.com/~lynn/2012n.html#70 Under what circumstances would it be a mistake to migrate applications/workload off the mainframe?
https://www.garlic.com/~lynn/2012n.html#72 Mainframes are still the best platform for high volume transaction processing
https://www.garlic.com/~lynn/2012o.html#25 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2013g.html#14 Tech Time Warp of the Week: The 50-Pound Portable PC, 1977
https://www.garlic.com/~lynn/2013g.html#23 Old data storage or data base
https://www.garlic.com/~lynn/2014g.html#12 Is end of mainframe near ?
https://www.garlic.com/~lynn/2014h.html#72 ancient terminals, was The Tragedy of Rapid Evolution?
https://www.garlic.com/~lynn/2015.html#39 [CM] IBM releases Z13 Mainframe - looks like Batman
https://www.garlic.com/~lynn/2015.html#40 [CM] IBM releases Z13 Mainframe - looks like Batman
Besides the peak I/O benchmark FICON throughput issue (compared to
native fibre channel issue) there is also the overhead of CKD
simulation. There hasn't been any real CKD disks built for decades,
current CKD disks are all simulation on industry standard commodity
disks.
https://www.garlic.com/~lynn/submain.html#dasd
Other tivia, when I moved to San Jose Research in the 70s, they let me
wander around. At the time the disk engineering lab (bldg 14) and disk
product test lab (bldg 15) they were running pre-scheduled standalone
mainframe around the clock, 7x24. At one point they had tried to us MVS
for concurrent testing, but found that MVS had 15mins MTBF in that
environment. I offered to rewrite I/O supervisor that made it bullet
proof and never fail ... being able to do ondemand, anytime concurrent
testing, greatly improving productivity. I happened to mention that MVS
15min MTBF in an internal-only report on the work ... which brings down
the wrath of the MVS group on my head (not that it was untrue, but that
it exposed the information to the rest of the company). When they found
that they couldn't get me fired, they then were to make sure they made
my career as unpleasant as possible (blocking promotions and awards
whenever they could).
https://www.garlic.com/~lynn/subtopic.html#disk
z900, 16 processors, 2.5BIPS (156MIPS/proc), Dec2000
z990, 32 processors, 9BIPS, (281MIPS/proc), 2003
z9, 54 processors, 18BIPS (333MIPS/proc), July2005
z10, 64 processors, 30BIPS (469MIPS/proc), Feb2008
z196, 80 processors, 50BIPS (625MIPS/proc), Jul2010
EC12, 101 processors, 75BIPS (743MIPS/proc), Aug2012
z13 published refs is 30% move throughput than EC12 (or about 100BIPS)
with 40% more processors ... or about 710MIPS/proc
z196 era e5-2600v1 blade rated at 400-500+BIPS depending on model, e5-2600v4 blades are three-four times that, around 1.5TIPS (1500BIPS).
i.e. since the start of the century, commodity processors have increased their processing power significantly more aggresively than mainframe. They have also come to dominate the wafer-chip manufacturing technology ... and essentially mainframe chips have converged to use the same technology (in much the same way mainframe has converged to use industry standard fibre channel and disks). EC12 financials implied that a single minimum sized chip wafer run produced more EC12 processor chips than will ever be sold.
Typical cloud megadatacenter has several hundred thousand systems with millions of processors ... operated by around 100 people or less (rather than people/system, it is systems/person) ... and have more aggregate processing capacity than all mainframes in the world today. Systems are designed for fall-over and redundancy ... and with larger operations with dozen or more such cloud megadatacenters around the world, they are also designed for fallover and redundancy between datacenters.
Max. mainframe configuration around $30M compared to couple thousand for e5-2600 blade ... say 1/10,000th the cost for 15 times the processing power. System costs have dropped so drastically that power&cooling cost have increasingly come to dominate for cloud megadatacenter.
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Globalization Worker Negotiation Date: 20 Mar 2016 Blog: Facebookre:
I sponsored Boyd's briefings at IBM. The first time in the early 80s, I tried to do it through the employee education department and at first they agreed. However, as I provided them more information about Boyd's briefings they changed their mind. They said that IBM spends a lot of money training managers on how to manage employees ... and to expose general employees to Boyd would be counterproductive. Furthermore I should limit the audience to only senior members of competitive analysis departments (aka part of the briefings was how to effectively operate in competitive situation ... and exposing general employees to that could make the management training less effective).
Trivia: about the time I was at Boeing (mentioned up above) ... Boyd
had been very vocal about the electronic monitoring wouldn't work
... and possibly as punishment he was assigned command of "spook
base". Boyd biographies comment that "spook base" was a $2.5B (in 1970
dollars) windfall for IBM (Boyd would comment that it had the largest
air conditioned bldg in that part of world). Discussion of "spook
base" ... gone 404, but lives on at the wayback machine
https://web.archive.org/web/20030212092342/http://home.att.net/~c.jeppeson/igloo_white.html
boyd posts and WEB URLs
https://www.garlic.com/~lynn/subboyd.html
I taught myself how to type on typewriter i found in junk when I was 12. I got 2741 (computer connected selectric) in 1967 at work and one at home in March1970 (46yrs ago). in late 70s & early 80s, I was blamed for online computer conferencing (precursor to social media) on the internal network (larger than arpanet/internet from just about the beginning until sometime mid-80s). Folklore is that when the corporate executive committee was told about online computer conferencing (and the internal network), 5of6 wanted to fire me. Somewhat as result the company started officially sanctioned computing conferencing group. In those days there would sometimes be jokes about my posting as much as the whole rest of the company ... so I've somewhat mellowed in the last 30yrs.
For most of this i usually type into text letter and then
copy&paste. Some of this stuff I've posted similar before, so I copy
previous post in the text editor ... slightly tweak ... and then
repost. bunch of archived stuff
https://www.garlic.com/~lynn/
this is article from last decade in IBM Systems mag about it (although
they slightly garbled some stuff)
https://web.archive.org/web/20190524015712/http://www.ibmsystemsmag.com/mainframe/stoprun/Stop-Run/Making-History/
As undergraduate in the 60s, Univ. hired me fulltime to be responsible
for their IBM production systems. In Jan1968, people from the IBM
Cambridge Science Center came out in Jan1968 to install CP67/CMS. CP67
had 1052&2741 terminal support ... but the univ. had 2741 and
TTY/ascii. The CP67 terminal support did automatic terminal type
identification (switching line-scanner with terminal controller SAD
CCW). I had to add TTY/ascii terminal support and integrated it in
such a way that it did 1052, 2741, & TTY dynamic terminal type
identification. I then wanted to have single dial-in number and single
"hunt group" for all terminal controller ports. The problem was IBM
took short cut and hard wired line speed for each port (while allowing
to change line-scanner type). This restriction is part of
univ. motivation to start our own clone controller ... building
channel interface board for Interdata/3 minicomputer programmed to
emulate the IBM terminal controller ... but also supporting dynamic
terminal speed. Later this is expanded to Interdata/4 for channel
interface and cluster of interdata/3s for lines/ports. Four of us get
written up for (some part) of clone controller business. Later
Perkin-Elmer buys Interdata, and the clone controller is sold under
the PE name.
https://www.garlic.com/~lynn/submain.html#360pcm
well before I got blamed for online computer conferencing, I was being
told I could expect no IBM career or promotions ... which continued
through my career. At my executive exit interview, I was told that
they could have forgiven me for being wrong, but they would never
forgive me for being right. In between there were sessions with the
corporate VP of technical vitality ... who repeatedly told me that the
company & I were on collision course. From truth is stranger than
fiction .... the day after my last day at IBM, I get a letter at home
saying that I was promoted.
https://www.garlic.com/~lynn/subnetwork.html#cmc
After 12yrs at IBM, I wrote an "Open Door" that said I was drastically underpaid. After a couple weeks, I got back a written response from the head of HR that said after careful review of my whole career at IBM, I was being paid exactly what I was suppose to. I took copy of the original and response and sent back a cover letter. I had recently been asked to interview new hire candidates (fresh from school) that would be in a new group that work under my technical direction (I refused to be manager). These newly minted graduates were being offered starting salary 30% more than I was making. I never got written response, but my next paycheck had 30% increase (same as new-hire starting salary). People had to remind me that business ethics is an oxymoron and no expectation to be told the truth. I know somebody that spent 10yrs of his military career at DTRA ... which has motto Trust, but Verify
In the early 80s, there was article in the Washington Post calling for
100% unearned profit tax on the US auto industry. The issue was that
congress had pass import auto quotas to drastically reduce competition
to give US industry enormous profits that were supposed to completely
remake themselves. However, they just pocketed the money and continued
business as usual. In 1990, the industry had C4 task force to look at
completely remaking themselves and since they were planning on heavily
leveraging technology they invited representation from major
technology vendors. In the meetings, they could clearly articulate
what the foreign competition was doing and what they needed to do to
change. One of the issue was that foreign competition had cut the
industry elapsed time from idea to rolling off the line (7-8yrs,
frequently ran two efforts in parallel offset 3-4yrs), in half ... and
were in the process of cutting it in half again. That met foreign
competition could react much more quickly/agile to changing
preferences & technology. Industry had also sold off parts business to
private-equity operations. This further opened discontinuity between
suppliers and design. Sub-assemblies could totally change over 7-8yr
period and not fit in original design, requiring expensive redesign
and rework. In any case, recent bailouts demonstrate that they still
continue business as usual and weren't able to remake
themselves. Disclaimer: offline I would chide the reps from IBM
mainframe about how did they figure they contribute since they had
many of the same problems.
https://www.garlic.com/~lynn/submisc.html#auto.c4.taskforce
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 21 Mar 2016 10:56:40 -0700greymaus <mausg@mail.com> writes:
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 21 Mar 2016 11:14:47 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
Republicans and Saudis bailing out the Bushes
President who Eviscerated Presidential Records Act Relying on His
Presidential Library to Boost Legacy.
http://nsarchive.wordpress.com/2013/04/25/president-who-eviscerated-presidential-records-act-relying-on-his-presidential-library-to-boost-his-legacy/
from above:
Executive Order 13,233 was signed by President Bush on November 1, 2001,
so that his White House Counsel -- not the National Archives -- could
review 68,000 pages of records from the Reagan Presidential Library, and
decide if the public had the right to read them. These documents
included a six-page 8 December 1986 memo to the President and Director
of Public Affairs entitled, "Talking Points on Iran/Contra Affairs"; a
series of memos dated 22 November and 1 December 1988 for the President
entitled, "Pardon for Oliver North, John Poindexter, and Joseph
Fernandez"; and a two-page memo for the President from the Attorney
General, "Appeal of the Decision Denying the Enforcement of the
Anti-Terrorism Act of 1987."
... snip ...
HISTORIANS, PUBLIC INTEREST GROUPS SUE TO STOP BUSH ORDER; Say New
Restrictions on White House Files Violate Presidential Records Act;
"Bush Order Attempts to Overturn the Law, Take the Power Back"
http://www.gwu.edu/~nsarchiv/news/20011128/
Court Rules Delay in Release of Presidential Papers is Illegal; Fails to
Address Authority of Former Vice Presidents to Hold Up Disclosure of
Papers
http://www.gwu.edu/~nsarchiv/news/20071001/
from above:
The Presidential Records Act of 1978 (PRA) emerged from the scandals of
the Nixon presidency to require former presidents to release their
records no later than 12 years after they leave office. Under the PRA,
as amended, the U.S. government asserts complete "ownership, possession,
and control" of all Presidential and Vice-Presidential records.
... snip ...
of course the son then presides over the economic mess, 70 times larger than the S&L crisis.
past refs
https://www.garlic.com/~lynn/2013f.html#53 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#69 The cloud is killing traditional hardware and software
https://www.garlic.com/~lynn/2013g.html#58 What Makes collecting sales taxes Bizarre?
https://www.garlic.com/~lynn/2013g.html#62 What Makes collecting sales taxes Bizarre?
https://www.garlic.com/~lynn/2013g.html#92 A Matter of Mindset: Iraq
https://www.garlic.com/~lynn/2013h.html#41 Is newer technology always better? It almost is. Exceptions?
https://www.garlic.com/~lynn/2013i.html#21 OT: "Highway Patrol" back on TV
https://www.garlic.com/~lynn/2013j.html#30 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013n.html#85 U.S. Sidelined as Iraq Becomes Bloodier
https://www.garlic.com/~lynn/2014.html#42 Royal Pardon For Turing
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: CeBIT and mainframes Newsgroups: bit.listserv.ibm-main Date: Mon, 21 Mar 2016 18:14:47 -07000000000a2a8c2020-dmarc-request@LISTSERV.UA.EDU (Tom Marchant) writes:
z/OS: DOC:/u/doc/src: >time iospeed real 0m 1.15s user 0m 0.62s sys 0m 0.20s Dell: davcra01@cervidae:~$ time ./iospeed real 0m0.254s user 0m0.048s sys 0m0.199sI have two questions.
don't know the model of the Dell blade ... however some amount of the z/os system processing has been offloaded to the SAPs and don't show up, while much of the equivalent system processing will show in the DELL numbers.
z/os 1.15seconds versus dell .254seconds elapsed time: 1.15/.254=4.528 times .62seconds versus dell .048seconds user cpu: .62/.048=12.917 times .20seconds versus dell .199seconds system cpu: .20/.199=1.005 timesz196 time-frame before ibm sold its commodity server business, max. configured z196 was around $30M and rated for 50BIPS aka $30M/50BIPS = $600000/BIPS.
IBM base price for commodity server blade (some e5-2600v1 model) was $1815 and e5-2600v1 were rated 400-500+BIPS (depending on model) or around $1815/400=$4.54/BIPS.
Major cloud vendors have been claiming for over a decade that they assemble their own server blades for 1/3rd the price of brand name blades (contributing to motivation for IBM to sell off its commodity server business) ... or approaching $1/BIPS.
Last published peak I/O benchmark that I've seen was 2M IOPS for z196
using 104 FICONs (running over 104 fibre-channel). At the same time
there was (single) fibre-channel announced for e5-2600v1 blade claiming
over million IOPS ... two such fibre-channel have higher throughput than
104 FICONs running over 104 fibre-channel, aka FICON protocol running
over fibre-channel enormously cuts the native throughput.
https://www.garlic.com/~lynn/submisc.html#ficon
Also for z196 published information was all SAPs run 100% busy at 2.2M
SSCH/second, but recommendations are SAPs kept to 75% busy or 1.5M
SSCH/second. Also zHPF/TCW (a bit of what I did for channel extender in
1980) claims it improves FICON throughput by about 30% (still way below
native fibre-channel throughput).
https://www.garlic.com/~lynn/submisc.html#channel.extender
z13 with 320 FICON only increases z196 peak I/O 104 FICON by about factor of three (6M IOPS?). The equivalent would then be six native fibre-channel on e5-2600v4 blade (which claim rating of 3-4 times that of e5-2600v1 blade).
Before IBM unloaded its commodity server blade business they were advertising high density 64blade racks. Base price of 64 IBM blades would then be almost $120K ... cloud assembling their own would be 1/3rd that or around $40K for single rack (compared to fully configured z13 around $30M?).
Intel tick-tock
https://en.wikipedia.org/wiki/Intel_Tick-Tock
e5-2600v1 was 32nm chip technology, same as z196&ec12
e5-2600v4 is 14nm chip technology "tick"/broadwell
http://www.itworld.com/article/2985214/hardware/intels-xeon-roadmap-for-2016-leaks.html
moving to "tock"/skylake
with PCIe solid state disks (some nearly 1M IOPS/drive)
http://www.fastestssd.com/featured/ssd-rankings-the-fastest-solid-state-drives/#pcie
and coming up next year:
http://www.kitguru.net/components/graphic-cards/anton-shilov/pci-express-4-0-with-16gts-data-rates-and-new-connector-to-be-finalized-by-2017/?PageSpeed=noscript
16GT/s base transfer rate will allow PCI Express 4.0 x1 interconnection
to transfer up to 2GB of data per second, whereas the PCIe 4.0 x16 slots
used for graphics cards and ultra-high-end solid-state drives will
provide up to 32GB/s of bandwidth. Higher transfer rates will also let
mobile devices to save power since it will take less time to transfer
data.
....
32GByte/sec for solid state disks.
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 21 Mar 2016 18:44:34 -0700Peter Flass <peter_flass@yahoo.com> writes:
The money laundering of the too big to fail for the drug cartels (and
terrorists) is also credited for their ability to acquire large amounts
of military grade arms
https://www.garlic.com/~lynn/submisc.html#money.laundering
same too big to fail behind the over $27T in (toxic) CDOs 2001-2008 ... and the economic mess last decade
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
Eisenhower's Military-Industrial Complex warning speech
http://www.npr.org/2011/01/17/132942244/ikes-warning-of-military-expansion-50-years-later
and his "chance for peace speech"
https://en.wikipedia.org/wiki/Chance_for_Peace_speech
Every gun that is made, every warship launched, every rocket fired
signifies, in the final sense, a theft from those who hunger and are not
fed, those who are cold and are not clothed. This world in arms is not
spending money alone. It is spending the sweat of its laborers, the
genius of its scientists, the hopes of its children. The cost of one
modern heavy bomber is this: a modern brick school in more than 30
cities. It is two electric power plants, each serving a town of 60,000
population. It is two fine, fully equipped hospitals. It is some fifty
miles of concrete pavement. We pay for a single fighter with a
half-million bushels of wheat. We pay for a single destroyer with new
homes that could have housed more than 8,000 people. . . . This is not a
way of life at all, in any true sense. Under the cloud of threatening
war, it is humanity hanging from a cross of iron.[1][5]
... snip ...
posts
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
there was some expectation that after the demise of soviet union there would be a "peace dividend" ... that it would be possible to reduce the feeding of the MICC ... but they managed to continually increase the amount (and there are trillions that nobody seems to know where it went).
One of Colonel John Boyd quotes:
"People say the Pentagon does not have a strategy. They are wrong. The
Pentagon does have a strategy; it is: Don't interrupt the money flow,
add to it."
... snip ...
Boyd posts and URLs from around the web
https://www.garlic.com/~lynn/subboyd.html
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Globalization Worker Negotiation Date: 21 Mar 2016 Blog: Facebookre:
There is transparency & visibility, accountability, and trust, but verify. Up thread I mention having confrontation with corporate VP of technical vitality (and being told I was on collision course with the company). He said that there was an acceptable process to raise issues with appropriate person in corporate hdqtrs. I had communicated with dozens of people who said that they had used that process and were always asked why they were raising the issue ... since nobody else had (and w/o transparency and visibility you would have never known they weren't telling the truth).
I got along a lot better with him when he left IBM and became director of NSF. We were working with him to interconnect the NSF supercomputer centers and were suppose to get $20M. Congress then cuts the budget, some other things happen and finally a RFP is released (in part based on what we already had running). Internal politics prevent us from bidding. He writes the company a letter trying to help 3Apr1986, NSF Director to IBM Chief Scientist and IBM Senior VP and director of Research, copying IBM CEO) with support from other agencies, but that just makes the internal politics worse (as does statements that what we already had running was at least 5yrs ahead of all RFP responses). As regional networks connects into the centers, it morphs into the NSFNET backbone (precursor to modern internet).
During this period the communication group was spreading huge amount
of misinformation inside IBM ... claiming things like SNA/VTAM could
do the job. Somebody collected a lot of the misinformation email and
forwarded it to us. From long ago and far away, heavily snipped and
redacted to protect the guilty:
https://www.garlic.com/~lynn/2006w.html#email870109
old NSFNET email
https://www.garlic.com/~lynn/lhwemail.html#nsfnet
HSDT posts
https://www.garlic.com/~lynn/subnetwork.html#hsdt
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 21 Mar 2016 21:06:28 -0700re:
More Defense Dollars Don't Guarantee a Better Military; The truth about
military spending.
http://www.pogo.org/straus/issues/defense-budget/2016/more-defense-dollars-dont.html
More Defense Dollars Don't Guarantee a Better Military; The truth about
military spending.
http://reason.com/archives/2016/02/29/more-defense-dollars-dont-guarantee-a-be
Last month Center for American Progress Senior Fellow Lawrence Korb
explained that it's much easier to cut readiness than it is to cut a
weapon system supported by and lobbied for by the defense industry. The
pressure placed on Congress by the defense industry is relentless, with
the defense industry spending a stunning $128 million on lobbying
Congress in 2014 to support defense projects and bills that benefit them
instead of training and support for our armed forces.
... snip ...
note that MIC will lobby to cut just about everything else as long as they can get the money that lines their pockets (readiness, training, benefits, people, etc)
posts
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 22 Mar 2016 11:20:59 -0700scott@slp53.sl.home (Scott Lurndal) writes:
google search on "political ad hominem attacks"
http://www.redstate.com/diary/ryuzzi/2015/09/11/donald-trump-art-ad-hominem/
http://ndsmcobserver.com/2015/11/ad-hominem-politics/
http://www.clearerthinking.org/?_escaped_fragment_=the-2016-presidential-debates--subtitled/wt7g0#!the-2016-presidential-debates--subtitled/wt7g0
http://www.washingtonmonthly.com/political-animal/2011_08/the_ultimate_political_ad_homi031689.php
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Institutional Memory and Two-factor Authentication Date: 22 Mar 2016 Blog: Facebookand linkedin
Too good to be forgotten - why institutional memory matters
http://www.bbc.co.uk/news/business-35821782
In the mid-90s, there were financial industry presentations on motivation for moving the (proprietary) dial-up banking operations to the internet. The major motivation for consumer dial-up banking move to the internet was the huge cost of supporting serial-port based modems. A typical operation had 60 or more different modem drivers (and constantly increasing for different operating systems, different operating system versions, and different modems) and frequent customer support problems where serial-port conflicts could brick a machine and software would have to be re-installed.
At the same time there were presentations by the commercial/business dial-up cash management/banking about they would *never* move to the internet because of a list of exploits and vulnerabilities. However, since then many did move to the internet anyway and have been plagued by those exploits and vulnerabilities. At one point Federal Reserve recommend businesses have a machine dedicated for internet banking and *NEVER* used for any other purpose (in part approximating the days of dial-up banking).
Roll forward a few years to the end of the century and early programs to deploy chip-cards in the consumer market. One of the programs got a fire sale deal on serial-port chip-readers and were giving them away free to their customers. Then came the huge consumer support problems and rapidly spreading rumors in the financial industry that chip-cards weren't practical in the consumer market.
We were involved in a detailed postmortem analysis of the issues resulting in the failure. It turns out that it wasn't a problem directly with the chip-cards, but with the (free) serial-port chip-readers ... same as the problem with serial-port modems a few short years earlier (and motivation to move to the internet, offloading the serial-port modem problem on ISPs). It was a prime example of the evaporation of institutional memory in the financial industry over that short period. The tragic nature of the problem was worsened because USB was being developed specifically to address those serial-port issues ... and the serial-port chip-reader fire-sale came about because they were obsoleted by the coming generation of USB devices.
And that folks is a major reason that we didn't get chip-based authentication devices over a decade ago.
Disclaimer: I had a number of chip-based authentication pilots going on at the time and it was especially discouraging to see the industry mass pull-back as a result of the program that deployed the serial-port devices
posts mentioning dial-up banking
https://www.garlic.com/~lynn/submisc.html#dialup-banking
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 22 Mar 2016 17:08:45 -0700hancock4 writes:
Reagan administration (possibly in form of the VP) asked the S&L reguatlor to drastically lesson oversight and he refused. He was then asked to resign so that they could appoint somebody that would do what was asked.
S&L poster child was Keating
https://en.wikipedia.org/wiki/Charles_Keating
taken down by Black
https://en.wikipedia.org/wiki/William_K._Black
"The former Director of the Institute for Fraud Prevention now teaches
Economics and Law at the University of Missouri, Kansas City. During the
savings and loan crisis, it was Black who accused then-house speaker Jim
Wright and five US Senators, including John Glenn and John McCain, of
doing favors for the S&L's in exchange for contributions and other
perks. The senators got off with a slap on the wrist, but so enraged was
one of those bankers, Charles Keating -- after whom the senate's
so-called "Keating Five" were named -- he sent a memo that read, in
part, 'get Black -- kill him dead.' Metaphorically, of course. Of
course."[5]
... snip ...
a lot more information: "The Best Way to Rob a Bank is to Own One: How
Corporate Executives and Politicians Looted the S&L Industry"
https://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/
part of the obfuscation and misdirection away from the out&out fraudulent activity during the S&L crisis ... was some earlier relaxing of oversight ...
this mentions the replacement S&L regulator by name; and goes into a lot
more detail; although it doesn't specifically cite who in the
administration that was his contract. However, other sources cite the VP
VP as saying he knew nothing about the Iran/Contra affair because he was
fulltime administration point person deregulating the S&L industry.
https://www.amazon.com/Two-Trillion-Dollar-Meltdown-ebook/dp/B001S49AV2
loc655-67:
By the time Pratt had finished, it was possible for a single individual
to take control of an S&L, then organize and lend to multiple
subsidiaries -- for land acquisition, construction, building management,
and the like -- and create his own small real estate empire entirely
with depositors' money.
loc657-58:
Or more commonly, to pretend to create a real estate empire
while siphoning deposits into, say, personal jet planes, a favorite in
Texas.
loc660-61:
Another owner with a $1.8 billion loan book had bought six Learjets
before the Feds noticed that 96 percent of his loans were delinquent.
... snip ...
There were 30,000 criminal referrals and 1,000 criminal convictions (with jail time) for the S&L crisis. The economic mess last decade (with another member of the family presiding) was 70 times larger than the S&L crisis, but there have been no criminal referrals or convictions (proportionally there should have been 70,000 criminal convictions with jailtime, of course even in the S&L crisis some number with friends/relatives in high places got off).
some past Meltdown refs:
https://www.garlic.com/~lynn/2013b.html#50 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013j.html#18 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013k.html#43 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2014m.html#69 RR songs, was Re: e50th/60th anniversary of SABRE--real-time airline reservations computer system
https://www.garlic.com/~lynn/2015.html#92 Ocwen's Servicing Meltdown Proves Failure of Obama's Mortgage Settlements
https://www.garlic.com/~lynn/2015b.html#8 Shoot Bank Of America Now---The Case For Super Glass-Steagall Is Overwhelming
some other past black and/or keating refs:
https://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#41 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#59 John Boyd's Art of War
https://www.garlic.com/~lynn/2013m.html#89 Behold The Face Of Central Banker Hubris
https://www.garlic.com/~lynn/2014.html#49 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014.html#83 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014e.html#80 Before the Internet: The golden age of online services
https://www.garlic.com/~lynn/2014m.html#5 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#137 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#153 LEO
https://www.garlic.com/~lynn/2015.html#17 Cromnibus cartoon
https://www.garlic.com/~lynn/2015.html#25 Gutting Dodd-Frank
https://www.garlic.com/~lynn/2015.html#92 Ocwen's Servicing Meltdown Proves Failure of Obama's Mortgage Settlements
https://www.garlic.com/~lynn/2015b.html#0 S&L Crisis and Economic Mess
https://www.garlic.com/~lynn/2015b.html#31 What were the complaints of binary code programmers that not accept Assembly?
https://www.garlic.com/~lynn/2015c.html#41 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#75 Hillary Remains Clueless About Regulation on the 28th Anniversary of the Keating Five Meeting
https://www.garlic.com/~lynn/2015c.html#108 Occupy Democrats
https://www.garlic.com/~lynn/2015d.html#54 The Jeb Bush Adviser Who Should Scare You
https://www.garlic.com/~lynn/2015e.html#67 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#38 LIBOR: History's Largest Financial Crime that the WSJ and NYT Would Like You to Forget
https://www.garlic.com/~lynn/2015f.html#48 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#12 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#56 The long, slow death of the rule of law in America
https://www.garlic.com/~lynn/2016.html#11 25 Years: How the Web began
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Wed, 23 Mar 2016 10:08:54 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
besides removing all adult oversight (which enabled much of the criminal
activity), both regulators (the one that refused, and his replacement
that went along) have said that the other major request from the
administration was that S&L reserve requirements be cut in half. Cutting
the reserve requirements gave the S&L institutions a whole lot to
immediately invest. Many of the people running those institutions didn't
have the experience to make those decisions. They then became easy
pickings for wallstreet vultures selling "junk bonds" ... which led to
wallstreet criminal convictions and jail time. This is separate from the
lack of oversight allowing criminals taking over S&L operations and
running their own criminal operations (criminals taking over S&L
institutions and wallstreet criminals selling junk to other S&L
institutions)
https://www.amazon.com/Best-Way-Rob-Bank-Own-ebook/dp/B00H5B9Z80/
The "junk bond" activity is part of the reference to that wallstreet
industry got such a bad reference during the S&L crisis, that they
changed their name to private equity and "junk bonds" become
"high-yield bonds".
https://www.garlic.com/~lynn/submisc.html#private.equity
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Wed, 23 Mar 2016 19:58:45 -0700Dave Garland <dave.garland@wizinfo.com> writes:
URLs weren't my fault ... that was just the first page from google, I just google search on "political ad hominem attacks" ... i didn't ask for them to be specific political affiliation.
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 24 Mar 2016 09:21:45 -0700"Osmium" <r124c4u102@comcast.net> writes:
Constitution of the United States
http://www.archives.gov/exhibits/charters/constitution_history.html
The Bill of Rights
The call for a bill of rights had been the anti-Federalists' most
powerful weapon. Attacking the proposed Constitution for its vagueness
and lack of specific protection against tyranny, Patrick Henry asked the
Virginia convention, "What can avail your specious, imaginary balances,
your rope-dancing, chain-rattling, ridiculous ideal checks and
contrivances." The anti-Federalists, demanding a more concise,
unequivocal Constitution, one that laid out for all to see the right of
the people and limitations of the power of government, claimed that the
brevity of the document only revealed its inferior nature. Richard Henry
Lee despaired at the lack of provisions to protect "those essential
rights of mankind without which liberty cannot exist." Trading the old
government for the new without such a bill of rights, Lee argued, would
be trading Scylla for Charybdis.
A bill of rights had been barely mentioned in the Philadelphia
convention, most delegates holding that the fundamental rights of
individuals had been secured in the state constitutions. James Wilson
maintained that a bill of rights was superfluous because all power not
expressly delegated to thenew government was reserved to the people. It
was clear, however, that in this argument the anti-Federalists held the
upper hand. Even Thomas Jefferson, generally in favor of the new
government, wrote to Madison that a bill of rights was "what the people
are entitled to against every government on earth."
By the fall of 1788 Madison had been convinced that not only was a bill
of rights necessary to ensure acceptance of the Constitution but that it
would have positive effects. He wrote, on October 17, that such
"fundamental maxims of free Government" would be "a good ground for an
appeal to the sense of community" against potential oppression and would
"counteract the impulses of interest and passion."
...
Benjamin Franklin told a French correspondent in 1788 that the formation
of the new government had been like a game of dice, with many players of
diverse prejudices and interests unable to make any uncontested
moves. Madison wrote to Jefferson that the welding of these clashing
interests was "a task more difficult than can be well conceived by those
who were not concerned in the execution of it." When the delegates left
Philadelphia after the convention, few, if any, were convinced that the
Constitution they had approved outlined the ideal form of government for
the country. But late in his life James Madison scrawled out another
letter, one never addressed. In it he declared that no government can be
perfect, and "that which is the least imperfect is therefore the best
government."
... snip ...
inequality posts
https://www.garlic.com/~lynn/submisc.html#inequality
my wife's father is given a set of (1880) fiske history books at west
point for some honor. Fiske characterized it as the northern english
states would adopt government much more like england (federalist), but
it was the "scotts" in the mid-atlantic states responsible for giving
us individual liberaties (anti-federalists). past posts mentioning
fiske history books (now available as free ebooks at various places):
https://www.garlic.com/~lynn/2011p.html#31 21st Century Management approach?
https://www.garlic.com/~lynn/2012c.html#22 You can't do the math without the words
https://www.garlic.com/~lynn/2012f.html#2 Did they apply Boyd's concepts?
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
https://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012o.html#71 Is orientation always because what has been observed? What are your 'direct' experiences?
https://www.garlic.com/~lynn/2013f.html#21 What Makes weapons control Bizarre?
https://www.garlic.com/~lynn/2013n.html#75 'Free Unix!': The world-changing proclamation made30yearsagotoday
https://www.garlic.com/~lynn/2014.html#9 NSA seeks to build quantum computer that could crack most types of encryption
https://www.garlic.com/~lynn/2015.html#29 the previous century, was channel islands, definitely not the location of LEO
https://www.garlic.com/~lynn/2015b.html#62 Future of support for telephone rotary dial ?
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 24 Mar 2016 11:04:33 -0700Peter Flass <peter_flass@yahoo.com> writes:
one of the issues of english/scotts in america and the
federalist/anti-federalist ... was english long history
of inequality
https://www.garlic.com/~lynn/submisc.html#inequality
"Why Nations Fail" discusses Spanish conquest of the new world which was
plunder and enslave the local population (and keeping them at
subsistance level). It compares it with the English attempting to
emulate a similar strategy early 1600s for Jamestown in Virginia.
Jamestown almost starved the first two years because they originally
sent over skills oriented to plundering and enslaving the local
population (emulating the Spanish model by the "Virginia Corporation"
given the crown charter). Virginia, Maryland and Carolina then changed
the strategy to sending over large numbers of enslaved Englishman that
had no rights; somewhat feudal, the "leet-men" had no rights, pg27:
The clauses of the Fundamental Constitutions laid out a rigid social
structure. At the bottom were the "leet-men," with clause 23 noting,
"All the children of leet-men shall be leet-men, and so to all
generations."
... snip ...
escaping was punishable by death. Lots of factors resulted in not being able to preserve the elite corporate ownership in North America, and eventually the areas graduate to becoming colonies with evolving citizen rights. At the time of constitution, there was northern states dominated more by English/federalist & elite versus the mid-atlantic states dominated more by Scottish/anti-federalist & more equality.
past posts referencing "leet-men":
https://www.garlic.com/~lynn/2012e.html#31 PC industry is heading for more change
https://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
https://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012l.html#17 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012o.html#71 Is orientation always because what has been observed? What are your 'direct' experiences?
https://www.garlic.com/~lynn/2014e.html#61 Before the Internet: The golden age of online services
https://www.garlic.com/~lynn/2014m.html#84 LEO
https://www.garlic.com/~lynn/2015.html#29 the previous century, was channel islands, definitely not the location of LEO
https://www.garlic.com/~lynn/2015b.html#62 Future of support for telephone rotary dial ?
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 24 Mar 2016 14:19:36 -0700re:
Report: Nixon aide says war on drugs targeted blacks, hippies
http://www.cnn.com/2016/03/23/politics/john-ehrlichman-richard-nixon-drug-war-blacks-hippie/index.html
Nixon aide: 'War on Drugs' was tool to target 'black people'
http://www.nydailynews.com/news/politics/nixon-aide-war-drugs-tool-target-black-people-article-1.2573832
Nixon Aide Reportedly Admitted Drug War Was Meant To Target Black
People
http://www.huffingtonpost.com/entry/nixon-drug-war-racist_us_56f16a0ae4b03a640a6bbda1
Legalize It All
https://harpers.org/archive/2016/04/legalize-it-all/
Nixon started the War on Drugs because he couldn't declare war on
black people and hippies
http://boingboing.net/2016/03/22/nixon-started-the-war-on-drugs.html
Nixon Policy Advisor Admits He Invented War On Drugs to Suppress
'Anti-War Left and Black People'
http://jezebel.com/nixons-policy-adviser-admits-he-invented-war-on-drugs-t-1766359595
which has contributed significantly to US having the highest incarceration rate in the world:
U.S. Has World's Highest Incarceration Rate
http://www.prb.org/Publications/Articles/2012/us-incarceration.aspx
along with schemes for debtor prisons which are against the law
Are debtors' prisons returning?
http://www.cnn.com/2015/12/04/opinions/jones-debtors-prisons/
Debtors' prison is supposed to be illegal in the United States. But in
too many American cities, it has made a shocking return.
... snip ...
and for-profit prisons paying kickbacks for prisoners
Judges Plead Guilty in Scheme to Jail Youths for Profit
http://www.nytimes.com/2009/02/13/us/13judge.html
Of course some of his other past indiscretions
George Will Confirms Nixon's Vietnam Treason
http://www.commondreams.org/views/2014/08/12/george-will-confirms-nixons-vietnam-treason
Nixon betrayal far worse than GOP Iran letter; Republican nominee
sabotaged Vietnam peace talks before he was elected president.
http://www.usatoday.com/story/opinion/2015/03/10/senators-letter-doesnt-rise-to-nixons-level/24695093/
The Lyndon Johnson tapes: Richard Nixon's 'treason'
http://www.bbc.com/news/magazine-21768668
How Richard Nixon Sabotaged 1968 Vietnam Peace Talks to Get Elected
President
http://www.truth-out.org/progressivepicks/item/13994-how-richard-nixon-sabotaged-1968-vietnam-peace-talks-to-get-elected-president
and
Watergate: The Scandal That Brought Down Richard Nixon
http://watergate.info/
Watergate Scandal
http://www.history.com/topics/watergate
past posts mentioning watergate, nixon, incarceration and/or
for-profit prisons
https://www.garlic.com/~lynn/2007h.html#73 John W. Backus, 82, Fortran developer, dies
https://www.garlic.com/~lynn/2010b.html#96 "The Naked Mainframe" (Forbes Security Article)
https://www.garlic.com/~lynn/2010e.html#6 Need tool to zap core
https://www.garlic.com/~lynn/2010e.html#7 Need tool to zap core
https://www.garlic.com/~lynn/2011g.html#74 We list every company in the world that has a mainframe computer
https://www.garlic.com/~lynn/2011k.html#49 50th anniversary of BASIC, COBOL?
https://www.garlic.com/~lynn/2012e.html#71 Disruptive Thinkers: Defining the Problem
https://www.garlic.com/~lynn/2013c.html#16 A Matter of Mindset: Iraq, Sequestration and the U.S. Army
https://www.garlic.com/~lynn/2013c.html#54 NBC's website hacked with malware
https://www.garlic.com/~lynn/2013d.html#37 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#38 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#93 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#98 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013e.html#5 Lessons Learned from the Iraq War
https://www.garlic.com/~lynn/2013e.html#12 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#53 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013g.html#25 What Makes sorting so cool?
https://www.garlic.com/~lynn/2013i.html#21 OT: "Highway Patrol" back on TV
https://www.garlic.com/~lynn/2013i.html#22 OT: "Highway Patrol" back on TV
https://www.garlic.com/~lynn/2013i.html#23 OT: "Highway Patrol" back on TV
https://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#82 copyright protection/Doug Englebart
https://www.garlic.com/~lynn/2013k.html#73 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013o.html#38 'Free Unix!': The world-changing proclamation made30yearsagotoday
https://www.garlic.com/~lynn/2014c.html#9 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#10 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014l.html#61 How Comp-Sci went from passing fad to must have major
https://www.garlic.com/~lynn/2015c.html#13 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015e.html#74 prices, was Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015e.html#85 prices, was Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015f.html#75 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#87 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#27 OT: efforts to repeal strict public safety laws
https://www.garlic.com/~lynn/2015g.html#30 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#32 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#33 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#34 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#37 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#38 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015h.html#4 Decimal point character and billions
https://www.garlic.com/~lynn/2016b.html#49 Corporate malfeasance
https://www.garlic.com/~lynn/2016b.html#70 Qbasic
https://www.garlic.com/~lynn/2016c.html#27 Qbasic
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 24 Mar 2016 23:13:30 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
Pentagon Institutes Civilian Hiring Freeze
http://www.defensenews.com/story/defense/policy-budget/budget/2016/03/24/pentagon-civilian-hiring-freeze-dod-position-staff-cuts/82221662/
So how much of the savings goes to military countracts ... and how much of it is privatization for for-profit beltway bandits?
Last decade there was massive privatization increase going on
... intelligence saw 70% of the budget and over half the people
http://www.investingdaily.com/17693/spies-like-us/
especially to private-equity subsidiaries
https://www.garlic.com/~lynn/submisc.html#private.equity
along with the rapid spreading Success of Failure culture
http://www.govexec.com/excellence/management-matters/2007/04/the-success-of-failure/24107/
Success of Failure posts
https://www.garlic.com/~lynn/submisc.html#success.of.failuree
A lot more recent stuff on DOD budget
http://chuckspinney.blogspot.com/2016/03/americas-gravest-strategic-danger.html
The Base Budget is the nuts and bolts budget that is supposed to sustain
our military forces in peace time. The OCO budget is a special gimmicky
appropriation to pay for war fighting in the ongoing Global War on
Terror (GWOT). The OCO was invented in 2001 in response to 9-11 to fund
the wartime operations in the GWOT, and it is a bit squirrelly, to put
it charitably. Prior to 9-11, all of America's wars --- for example,
WWI, WWII, Korea, Vietnam, the First Gulf War [2], Kosovo -- were funded
out of what we now call the Base Budget.
... snip ...
Last decade, the administration and congress were all playing enormous
number of financial parlor tricks. They let the fiscal responsibility
act expire in 2002 (spending couldn't exceed tax revenue) ... and the
2010 CBO report was that 2003-2009, tax revenue was cut $6T and spending
increase $6T for $12T budget gap compared to fiscal responsibility
budget ... first time congress enormously cut the tax revenue to not pay
for a war.
https://www.garlic.com/~lynn/submisc.html#fiscal.responsibility.act
Part of CBO report was that there was $1+T for DOD that they couldn't find anything to show for (enormous amounts leaking into the pockets of the military-industrial-congressional complex).
The military industrial complex really wanted the iraq invasion ...
corporate representatives were telling former soviet block countries
that if they voted for the invasion in UN, they would get NATO
membership and USAID that could only be used to buy modern US arms.
https://www.amazon.com/Prophets-War-Lockheed-Military-Industrial-ebook/dp/B0047T86BA/
The administration justified the invasion, in part on WMDs they knew didn't exist and in part that it would only cost $50B.
The cousin of the White House Chief of Staff Card was dealing with Iraq
in the UN and was given proof that the WMDs had been decommissioned. The
information was provided to Card, Powell and others ... but about to go
public, got locked up in military hospital
https://www.amazon.com/EXTREME-PREJUDICE-Terrifying-Story-Patriot-ebook/dp/B004HYHBK2/
they did find the decomissioned WMDs (tracing back to the US in the 80s,
Iran/Iraq war), but the information was classified for over a decade.
http://www.nytimes.com/interactive/2014/10/14/world/middleeast/us-casualties-of-iraq-chemical-weapons.html
Note her book was published 2010 after administration change ... and then the 2014 NYTimes series about declassifying finding the decommissioned WMDs (tracing back to the US in the 80s) ... which at least substantiates her claims about decommissioned WMDs. That just leaves the part about being locked up.
The wars are now estimated to hit $5T-$6T, with long term veteran benefits and care .... a hundred times larger than that original $50B claim.
Boyd posts and URLs from around the web
https://www.garlic.com/~lynn/subboyd.html
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Fri, 25 Mar 2016 10:00:28 -0700Walter Bushell <proto@panix.com> writes:
even have a case of collusion between the too big to fail and the
military-industrial(-congressional) complex ... since the money
laundering fueling of the drug cartels and terrorists ... helps the MICC
justify increased funding.
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
and of course congress loves it because the too big to fail and the military-industrial complex have pumped billions into congress ("the best congress money can buy" and "the most corrupt institution on earth").
then there is recent revelation that Nixon concocted the "war on drugs"
https://www.garlic.com/~lynn/2016c.html#39 Qbasic
analogoous to the previous administration has used the "war on terror".
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: DUMPRX Date: 25 Mar 2016 Blog: FacebookEarly in life of REXX, before released to customers, I wanted to show it wasn't just another pretty scripting language. I decided I would completely rewrite IPCS (very large problem/dump analysis program implemented assembler) in half-time over 3month period, implementing ten times the function with ten times the performance (some slight of hand going from assembler to interpreted REXX). I finished early so I started library of automated routines that would look for all sorts of typical failure signatures. I then thought it would be released to customers especially since it came to be used by nearly all PSRs and internal datacenters. For whatever reason it wasn't released, but I got approval to give presentations at IBM user group meetings on how to do the implementation (and within a few months, customer implementations start to appear). Closest I came to release was the 3090 service processor people (3092) were looking at including it with the 3092.
from long ago and far away ... note DUMPRX could be run directly from
terminal or as XEDIT session, where all input/output is saved in XEDIT
file .....
https://www.garlic.com/~lynn/2010e.html#email861223
past posts
https://www.garlic.com/~lynn/submain.html#dumprx
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: All is Lost At IBM Date: 25 Mar 2016 Blog: LinkedInAll is Lost At IBM
Late 80s, a senior disk engineer gets a talk scheduled at annual,
world-wide, internal communication group conference, supposedly on
3174 performance ... but opens the talk with statement that the
communication group was going to be responsible for the demise of the
disk division. The issue was that the communication group had
stranglehold on datacenters with corporate strategic ownership of
everything crossing the datacenter walls, and were fiercely fighting
off distributed computing and client/server (trying to preserve their
dumb terminal paradigm and install base). The disk division was
starting to see data fleeing the datacenter to more distributed
computing friendly platforms with drop in disk sales. The disk
division had come up with a number of solutions to reverse the
process, but were constantly being vetoed by the communication group.
https://www.garlic.com/~lynn/subnetwork.html#terminal
gerstner posts
https://www.garlic.com/~lynn/submisc.html#gerstner
Which coincides with the big downturn in the late 80s, not just disks but the rest of mainframe datacenter infrastructure. A few short years later, IBM goes into the red and is being reorganized into the 13 "baby blues" in preparation for breaking up the company.
Note in the mid/late 80s, top executives were predicting that IBM revenue would double primarily based on mainframe business ... and there was big internal building program to double mainframe related manufacturing capacity. There was also influx of "fast-track" MBAs preparing for doubling the company (they were being frequently rotated around various business units ... frequently to the detriment of the victim units).
El-Erian, "The Only Game in Town"
https://www.amazon.com/Only-Game-Town-Instability-Avoiding-ebook/dp/B0165I3V4C/
loc3334-36:
Remember the dominance of IBM on the eve of the personal computer (PC)
revolution. The company had by far the most powerful brand in
technology. Each year it deployed a large R&D budget. And it was
profitable. By these metrics, it was in a very strong position to
dominate the PC revolution.
loc3336-39:
Research shows that IBM executives were aware of the "disruptive
technology" aspect of the PC. They discussed the issues involved,
recognizing the potential for a bimodal outcome for mainframe
customers, their bread-and-butter clientele. Some would be lost
permanently to the PC while others would be interested in mainframe
upgrades to support new requirements.
loc3340-41:
But when it came to implementation, IBM appeared to fall into the
"active inertia" trap. Rather than pivot decisively to the new
approach, they allowed their much more familiar historical behavior to
overinfluence their future actions.
... snip ...
Communication group 1) had terminal emulation design point ... which wasn't high throughput and 2) didn't support networking. Disk division wanted a LAN controller that could get closer to 3mbyte/sec sustained throughput and had a bunch of networking support out in the controller (cutting overhead and pathlength back in the host) ... which you could get from other platforms.
Original IBM tcp/ip was done in vs/pascal and got 44kbytes/sec
aggregate using nearly full 3090 processor (with ibm controller). I
did the software changes to support RFC1044 and in some tuning tests
at Cray Research between a Cray and 4341, got sustained channel speed
throughput using only modest amount of 4341 processor (possibly 500
times improvement in bytes moved per instruction executed) ... in part
using a non-IBM controller product.
https://www.garlic.com/~lynn/subnetwork.html#1044
The VS/PASCAL version had none of the buffer length related exploits
that have been epidemic in C-language implementations.
https://www.garlic.com/~lynn/subintegrity.html#buffer
Later the communication group hired a subcontractor to implement TCP/IP support in VTAM. He does a demo of the implementation. The communication group tells him that everybody knows that a correct TCP/IP performance is much slower than LU6.2 and we will only be paying for a correct implementation.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 27 Mar 2016 11:15:03 -0700"hanja" <hanja228@gmail.com> writes:
The Comanche Empire
https://www.amazon.com/Comanche-Empire-Lamar-Western-History-ebook/dp/B001HZZ05C/
In the eighteenth and early nineteenth centuries, a Native American
empire rose to dominate the fiercely contested lands of the American
Southwest, the southern Great Plains, and northern Mexico. This powerful
empire, built by the Comanche Indians, eclipsed its various European
rivals in military prowess, political prestige, economic power,
commercial reach, and cultural influence. Yet, until now, the Comanche
empire has gone unrecognized in American history.
... snip ...
... describes very sophisticated nation that frequently was more capable
than the spanish they were dealing with and later played off the
spanish, French, and Americans. First they fell victim to diseases
killing off large percentage of their population. In the later part of
1800s the US Army decided that they were no match for the warriors
... and Sheriden adopted Sherman's scortched earth policies (from civil
war) ... raid their compounds, killing non-combatants and destroying
sources of food, loc4695-99:
Short of troops and wary of open battles, the army set out to deprive
the Comanches of shelter and sustenance by destroying their winter
camps, food supplies, and horse herds. By the early 1870s this kind of
total warfare against entire populations was an established practice in
the U.S. Army. Sherman had pioneered it against the Confederacy in his
"March to the Sea," and Sheridan had introduced a stripped-down version
of it to the plains in his 1868-69 winter campaign against the
Cheyennes.
... snip ...
While most accounts have Sherman destorying food sources and other infrastructure ... he tried to keep his forces from massacring woman and children .... while Sheriden's indian campaign was more like genocide.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 27 Mar 2016 12:02:20 -0700re:
The Comanche Empire
https://www.amazon.com/Comanche-Empire-Lamar-Western-History-ebook/dp/B001HZZ05C/
and
Generals South, Generals North: The Commanders of the Civil War Reconsidered
https://www.amazon.com/Generals-South-North-Commanders-Reconsidered-ebook/dp/B012A1WML6/
loc6085-88:
Despite the mixed results of his approach to cavalry and the moral
ambiguity (in the Indian Wars verging on genocide) of his policy of
waging war on civilians, it cannot be denied that Sheridan was a superb
leader of troops, a fine tactician, and an aggressive fighter, who was
especially effective in forcing Lee to surrender his Army of Northern
Virginia in the closing weeks of the Civil War.
... snip ...
From the Rapidan to Richmond and the Spottsylvania Campaign (currently
free ebook)
https://www.amazon.com/Richmond-Spottsylvania-Campaign-Personal-Narration-ebook/dp/B004TOSK3M/
pg131/loc2223-25:
The history of that war may be briefly, but accurately comprehended in
this short statement. During the four years, ‘61 to ‘65, the North put
into the field two million, eight hundred thousand (2,800,000) men. They
were well armed, well equipped, and well fed also, it had a Navy.
pg131/loc2225-26:
During those four years, the South put into the field less than six
hundred thousand (600,000) men. They were poorly armed, poorly equipped,
and poorly fed much of the time, very poorly indeed! And it had no Navy.
pg131/loc2227-28:
It took those 2,800,000 men, with the Navy four years to overcome those
600,000 men. In doing so they lost the lives of one million (1,000,000)
men nearly double the whole number of men the South put into the field.
... snip ...
The description of closing weeks of the Civil War ... has the Union sending wave after wave of soldiers to slaughter ... until the Confederacy is running out of everything, food, ammo, etc.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 27 Mar 2016 13:12:46 -0700Mike Spencer <mds@bogus.nodomain.nowhere> writes:
that was part of Fiske's argument (history lectures from the late 1800s, set of Fiske's books were awarded to my wife's father for some distinction at west point).
also
Triumphant plutocracy; the story of American public life from 1870 to
1920 (Richard Franklin, 1848-1926 Pettigrew) ... lots of formats, all
free
https://archive.org/details/triumphantpluto00pettrich
Amazon kindle version currently 99cents
https://www.amazon.com/Triumphant-plutocracy-story-American-public-ebook/dp/B00LPVCVNW/
loc2079-83:
Anyone who wishes to know the facts should examine the Journal of the
Constitutional Convention. There the record is as plain as the road at
noonday. The Constitution was not drawn up to safeguard liberty. Its
framers had property rights in their minds' eye and property deeds in
their pockets, and its most enthusiastic supporters were the leading
bankers, manufacturers and traders of the Federated States. The
Constitution was made to protect the rights of property and not the
rights of man.
loc2086-92:
The convention that framed the Constitution of the United States
convened at Philadelphia in 1787 behind closed doors. All of the
delegates were sworn to secrecy. Madison reported the proceedings of
the convention in longhand and his notes were purchased in 1837 by
Congress and published by the Government nearly half a century after
the convention had finished its work. These notes disclose the forces
that dominated the work of the convention and show that the object
which the leaders of the convention had in view was not to create a
democracy or a government of the people, but to establish a government
by the property classes in the interests of the rights of property
rather than the rights of man. All through the debates ran one theme:
How to secure a government, not by the people and for the people, but
by the classes and for the classes, with the lawyers in control.
loc6501-11:
Two per cent of the people of the United States own sixty per cent of
the property of the United States. Yet they produced none of it. By
legislation, by craft and cunning, by control of Congress and the
courts, they took to themselves what others produced. Sixty-six per
cent of the people of the United States own five per cent of the
property of the United States. Yet they produced all of the wealth and
have none of it. Why do not the producers of this wealth have what
they produce ? Because the making of the laws and the control of the
courts is in the hands of those who do not work, and this has been
true from the beginning of the Government. The convention which framed
the Constitution of the United States was composed of fifty-five
members. A majority were lawyers—not one farmer, mechanic or
laborer. Forty owned Revolutionary Scrip. Fourteen were land
speculators. Twenty-four were money-lenders. Eleven were
merchants. Fifteen were slave-holders. They made a Constitution to
protect the rights of property and not the rights of man, and, ever
since, Congress has been controlled by the property owner, and has
framed laws in their interests and their interests only, and always
refused to frame any laws in the interest of those who produce all the
wealth and have none of it.
... snip ...
related inequality posts
https://www.garlic.com/~lynn/submisc.html#inequality
(other) past posts mentioning Fiske:
https://www.garlic.com/~lynn/2011p.html#31 21st Century Management approach?
https://www.garlic.com/~lynn/2012c.html#22 You can't do the math without the words
https://www.garlic.com/~lynn/2012f.html#2 Did they apply Boyd's concepts?
https://www.garlic.com/~lynn/2012f.html#84 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012h.html#15 Imbecilic Constitution
https://www.garlic.com/~lynn/2012i.html#85 Naked emperors, holy cows and Libor
https://www.garlic.com/~lynn/2012k.html#7 Is there a connection between your strategic and tactical assertions?
https://www.garlic.com/~lynn/2012l.html#13 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2012o.html#71 Is orientation always because what has been observed? What are your 'direct' experiences?
https://www.garlic.com/~lynn/2013f.html#21 What Makes weapons control Bizarre?
https://www.garlic.com/~lynn/2013n.html#75 'Free Unix!': The world-changing proclamation made30yearsagotoday
https://www.garlic.com/~lynn/2014.html#9 NSA seeks to build quantum computer that could crack most types of encryption
https://www.garlic.com/~lynn/2015b.html#62 Future of support for telephone rotary dial ?
(other) past posts mentioning Triumphant plutocracy:
https://www.garlic.com/~lynn/2013.html#15 Search Google, 1960:s-style
https://www.garlic.com/~lynn/2013.html#26 Cultural attitudes towards failure
https://www.garlic.com/~lynn/2013.html#46 The China Threat: The MICC Pivots Obama Back to the Future
https://www.garlic.com/~lynn/2013.html#57 How to Cut Megabanks Down to Size
https://www.garlic.com/~lynn/2013d.html#54 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#82 What Makes Economic History Bizarre?
https://www.garlic.com/~lynn/2013d.html#98 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#20 What Makes weapons control Bizarre?
https://www.garlic.com/~lynn/2013i.html#78 Has the US Lost Its Grand Strategic Mind?
https://www.garlic.com/~lynn/2013m.html#80 The REAL Reason U.S. Targets Whistleblowers
https://www.garlic.com/~lynn/2014.html#40 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014b.html#20 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014b.html#38 Can America Win Wars
https://www.garlic.com/~lynn/2014f.html#6 Before the Internet: The golden age of online services
https://www.garlic.com/~lynn/2014f.html#93 Oligarchy Controls U.S. War-Making
https://www.garlic.com/~lynn/2014h.html#37 Married Couples and the Financial Mess
https://www.garlic.com/~lynn/2014h.html#84 Support Senator Warren's Postal Banking Proposal
https://www.garlic.com/~lynn/2014i.html#39 Sale receipt--obligatory?
https://www.garlic.com/~lynn/2014j.html#55 US Entering New Era of Dirty Wars?
https://www.garlic.com/~lynn/2014j.html#104 No Internet. No Microsoft Windows. No iPods. This Is What Tech Was Like In 1984
https://www.garlic.com/~lynn/2014m.html#64 LEO
https://www.garlic.com/~lynn/2015.html#29 the previous century, was channel islands, definitely not the location of LEO
https://www.garlic.com/~lynn/2016b.html#39 Failure as a Way of Life; The logic of lost wars and military-industrial boondoggles
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 27 Mar 2016 16:32:08 -0700Mike Spencer <mds@bogus.nodomain.nowhere> writes:
kindle ebook location reference ... from preceeding URL ... does
reference "Journal of the Constitution Convention" ... google
search does turn up library of congress reference
https://memory.loc.gov/ammem/amlaw/lwfr.html
and (277 documents)
https://www.loc.gov/collections/continental-congress-and-constitutional-convention-from-1774-to-1789/about-this-collection/
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 27 Mar 2016 17:45:24 -0700JimP. <blue@cwahi.net> writes:
The Rise And Fall Of The Comanche 'Empire'
http://www.npr.org/2011/05/20/136438816/the-rise-and-fall-of-the-comanche-empire
Comanche History
http://www.tolatsga.org/ComancheOne.html
split off from Eastern Shoshone
https://en.wikipedia.org/wiki/Eastern_Shoshone
The Comanche Empire loc2364-66:
Once a single people, Shoshones and Comanches had split in the late
seventeenth century, when the former left the central plains and headed
north and the latter moved toward the south. By i8oo, however, Shoshones
had pulled back from the northern plains under the pressure from
well-armed Blackfeet and Crows and crossed the Continental Divide to the
mountain ranges of Montana and Wyoming.
... snip ...
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Federal Debt Date: 27 Mar 2016 Blog: Facebook2002 congress let the fiscal responsibility act expire (spending couldn't exceed tax revenue, was on its way to eliminating all federal debt). 2010 CBO report, 2003-2009 taxes were cut by $6T and spending increased by $6T for $12T budget gap compared to fiscal responsibility act. Since then the taxes haven't been restored and only few dents in the spending so interest on the debt is approaching half trillion. fiscal responsibility act
2005, the US Comptroller General was including in speeches that nobody
in congress was capable of middle school arithmetic for what they were
doing to the budget.
https://www.garlic.com/~lynn/submisc.html#comptroller.general
Some story was that Greespan didn't like the idea of eliminating the
federal debt. The real bailout for the too big to fail was Federal
Reserve providing tens of trillions in ZIRP funds to too big to fail
(Feds fought long hard legal battle trying to prevent making public
what they were doing). Too big to fail have been turning around and
using the ZIRP funds to buy treasuries (federal debt), clearing an
avg. of $300B/annum
https://www.garlic.com/~lynn/submisc.html#greenspan
and
https://www.garlic.com/~lynn/submisc.html#zirp
First major legislation after the fiscal responsibility act expires is
Medicare Part-D in 2003. CBS 60mins does expose on 18republicans
responsible for getting it passed. Just before final vote, they add
one sentence that prevents competitive bidding and blocks CBO
distributing report on the change. CBS finds that by six months later,
all 18 have resigned and on drug industry payroll. CBS shows part-d
drugs that are three times the price as identical drugs from VA (that
allows competitive bidding). medicare part-d
https://www.garlic.com/~lynn/submisc.html#medicare.part-d
US Comptroller General in speeches is claiming Part-D is enormous gift to the drug industry and comes to be a $40 TRILLION long term item, totally swamping all other budget items.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Iraqi WMDs Date: 27 Mar 2016 Blog: FacebookDeclassified CIA Document Reveals Iraq War Had Zero Justification
last decade, cousin of white house chief of staff Card ... was dealing
with the Iraqis at the UN and was given evidence that WMDs had been
decommissioned. She shared it with Card, Powell and others ... then is
locked up in military hospital
https://www.amazon.com/EXTREME-PREJUDICE-Terrifying-Story-Patriot-ebook/dp/B004HYHBK2/
NY Times series from 2014 (the decommission WMDs tracing back to US
from Iran/Iraq war, had been found a decade earlier, but the
information was classified)
http://www.nytimes.com/interactive/2014/10/14/world/middleeast/us-casualties-of-iraq-chemical-weapons.html
and MIC wanted a war so badly that corporate reps were telling former
eastern block countries that if they voted for IRAQ2 invasion in the
UN, they would get membership in NATO and (directed appropriation)
USAID (for purchase of modern US arms).
https://www.amazon.com/Prophets-War-Lockheed-Military-Industrial-ebook/dp/B0047T86BA/
MICC
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
then there is
White House Considers Declassifying 28 Pages on Alleged Saudi
Government Role in 9/11
https://news.vice.com/article/white-house-considers-declassifying-28-pages-on-alleged-saudi-government-role-in-911
In 2002 the families of 9/11 victims were told that they couldn't sue Saudi Arabia for 9/11 responsibility.
Bush family ties to terror suspects re-opened by 9/11 '28 pages'
http://www.digitaljournal.com/news/world/bush-family-ties-to-terror-suspects-re-opened-by-9-11-28-pages/article/426577
9/11 Families 'Ecstatic' They Can Finally Sue Saudi Arabia
http://news.yahoo.com/9-11-families-39-ecstatic-39-finally-sue-222121660--abc-news-topstories.html
past posts mentioning NYTimes series on finding the decommissioned WMDs:
https://www.garlic.com/~lynn/2014l.html#21 HP splits, again
https://www.garlic.com/~lynn/2015.html#0 LEO
https://www.garlic.com/~lynn/2015b.html#37 C.I.A. Is Said to Have Bought and Destroyed Iraqi Chemical Weapons
https://www.garlic.com/~lynn/2015b.html#68 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#78 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#108 Occupy Democrats
https://www.garlic.com/~lynn/2015d.html#54 The Jeb Bush Adviser Who Should Scare You
https://www.garlic.com/~lynn/2015e.html#9 Why do we keep losing?
https://www.garlic.com/~lynn/2015e.html#29 1973--TI 8 digit electric calculator--$99.95 ^A^K boy scouts
https://www.garlic.com/~lynn/2015e.html#34 43rd President
https://www.garlic.com/~lynn/2015e.html#67 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#1 Jeb: George W. Bush is a top foreign policy adviser
https://www.garlic.com/~lynn/2015f.html#76 Pentagon remains stubbornly unable to account for its billions
https://www.garlic.com/~lynn/2015g.html#13 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#16 Federal Deficits
https://www.garlic.com/~lynn/2015h.html#33 The wars in Vietnam, Iraq, and Afghanistan were lost before they began, not on the battlefields
https://www.garlic.com/~lynn/2015h.html#60 rationality
https://www.garlic.com/~lynn/2015h.html#79 New Smoking Gun: U.S. and UK KNEW Saddam Did NOT Possess WMDs
https://www.garlic.com/~lynn/2016.html#16 1970--protesters seize computer center
https://www.garlic.com/~lynn/2016.html#71 Thanks Obama
https://www.garlic.com/~lynn/2016b.html#53 Trump Is Right, Bush Lied: A Little-Known Part of the Bogus Case for War
https://www.garlic.com/~lynn/2016c.html#40 Qbasic
other past posts mentioning suing Saudi
https://www.garlic.com/~lynn/2013o.html#51 U.S. Sidelined as Iraq Becomes Bloodier
https://www.garlic.com/~lynn/2013o.html#83 NSA surveillance played little role in foiling terror plots, experts say
https://www.garlic.com/~lynn/2014.html#11 NSA seeks to build quantum computer that could crack most types of encryption
https://www.garlic.com/~lynn/2014.html#13 Al-Qaeda-linked force captures Fallujah amid rise in violence in Iraq
https://www.garlic.com/~lynn/2014.html#42 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#99 Reducing Army Size
https://www.garlic.com/~lynn/2014c.html#103 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#14 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#38 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#89 Difference between MVS and z / OS systems
https://www.garlic.com/~lynn/2014i.html#51 How Comp-Sci went from passing fad to must have major
https://www.garlic.com/~lynn/2015.html#64 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015.html#72 George W. Bush: Still the worst; A new study ranks Bush near the very bottom in history
https://www.garlic.com/~lynn/2015b.html#27 What were the complaints of binary code programmers that not accept Assembly?
https://www.garlic.com/~lynn/2015b.html#73 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015g.html#12 1973--TI 8 digit electric calculator--$99.95
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: A call for revolution Date: 27 Mar 2016 Blog: Slightly East of NewA call for revolution
also reposted to
https://plus.google.com/u/0/+LynnWheeler/posts/HL9CUUBwtsi
Triumphant plutocracy; the story of American public life from 1870 to
1920 (former member of congress) ... lots of formats, all free
https://archive.org/details/triumphantpluto00pettrich
Amazon kindle version currently 99cents
https://www.amazon.com/Triumphant-plutocracy-story-American-public-ebook/dp/B00LPVCVNW/
inequality posts
https://www.garlic.com/~lynn/submisc.html#inequality
besides robber barons and oligarchy ... it also overlaps some of "War
Is a Racket"
https://en.wikipedia.org/wiki/War_Is_a_Racket
perpetual war posts
https://www.garlic.com/~lynn/submisc.html#perpetual.war
There is Pecora hearings (30s senate hearings into crash of '29) that
resulted in criminal convictions and jail time
https://fraser.stlouisfed.org/title/87
also at wayback machine (scanned the fall 2008 at Boston Public
Library)
http://archive.org/search.php?query=stock%20exchange%20practices%20AND%20collection%3Aamericana
Jan2009, I was asked to HTML'ize the Pecora Hearings with lots of
internal xrefs and URLs between what happened then and what happened
this time (comments that maybe the new congress will have an appetite
to do something). I work on it for awhile and then get a call saying
that it won't be needed after all (reference to enormous piles of
wallstreet money totally burying capital hill).
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 28 Mar 2016 14:56:36 -0700hancock4 writes:
in similar discussion over in facebook, one of the ibm'ers displayed a chart of effective combined fed+state rate by percentile.
up through the 70 or 80 percentile, the combined effective tax rate (or gross income) for the groups are all around 20% (state taxes dominate for the lower tax brackets, but effectively works out to almost flat rate for those groups) ... however for the top .1% with the majority of the wealth ... the effective tax rate drops to 10% or so.
a lot of the political rhetoric on one side is about lowering the majority of the taxes ... but amounts to further decreasing the effective tax rates for the .1%. then there are the attacks on the side talking about increasing the percentage tax rate of the .1% up to the same level as everybody else ... characterized as taking from the rich and giving to the poor.
the charts for the last 30-40 years ... is the percentage of total taxes
paid by corporations & business have significantly dropped ... as well
as the effective tax rates for corporations and the top .1% of all
dropped. that is just the legal legislation making tax avoidance much
simpler ... like corporations shifting profits to subsidiaries in
offshore tax havens. That is separate from too big to fail aiding the
.1% with illegal tax evasion (separate from the significant upswing in
tax avoidance). past posts
https://www.garlic.com/~lynn/submisc.html#tax.evasion
with too big to fail in the middle of lots of activity
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
as well as loads of other illegal activity
https://www.garlic.com/~lynn/submisc.html#money.laundering
and
https://www.garlic.com/~lynn/submisc.html#libor
graph for worker compensation increasing 47-79 tracking productivity and
then goes flat 80-now ... even though productivity continue on the same
trajectory
http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html
that enormous gap 80-now corresponds with the growth in total wealth
held by the top 1% ... past posts
https://www.garlic.com/~lynn/submisc.html#inequality
part of the discussion also posted over in facebook today
Too much of a good thing
http://www.economist.com/news/briefing/21695385-profits-are-too-high-america-needs-giant-dose-competition-too-much-good-thing
But high profits across a whole economy can be a sign of sickness. They can signal the existence of firms more adept at siphoning wealth off than creating it afresh, such as those that exploit monopolies. If companies capture more profits than they can spend, it can lead to a shortfall of demand. This has been a pressing problem in America. It is not that firms are underinvesting by historical standards. Relative to assets, sales and GDP, the level of investment is pretty normal. But domestic cash flows are so high that they still have pots of cash left over after investment: about $800 billion a year.
... snip ...
That growing gap between productivity and flat worker compensation has also created these enormous profits.
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 29 Mar 2016 11:01:21 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
Joe Stiglitz Blasts Our Wealthy-Coddling Tax System for Increasing the
Returns on Rent-Seeking
http://www.nakedcapitalism.com/2013/04/joe-stiglitz-blasts-our-wealthy-coddling-tax-system-for-increasing-the-returns-on-rent-seeking.html
And then the good professor turns to corporate tax breaks, citing poster
child GE, which has paid on average less than 2% of its income in taxes
since 2002. The picture is likely even worse than these figures suggest
since corporations and wealthy individuals can hide income tax havens.
... snip ...
tax evasion, tax avoidance, tax haven posts
https://www.garlic.com/~lynn/submisc.html#tax.evasion
and wiki
https://en.wikipedia.org/wiki/Rent-seeking
The economist Joseph Stiglitz has argued that rent-seeking contributes
significantly to income inequality in the United States through lobbying
for government policies that let the wealthy and powerful get income,
not as a reward for creating wealth, but by grabbing a larger share of
the wealth that would otherwise have been produced without their
effort.[28][29] Piketty, Saez, and Stantcheva have analyzed
international economies and their changes in tax rates to conclude that
much of income inequality is a result of rent-seeking among wealthy tax
payers.[30]
... snip ...
inequality posts
https://www.garlic.com/~lynn/submisc.html#inequality
Also sometimes Wallstreet and Financial industry have been represented as beneficial parasites in symbiotic relationship with the US Economy host. However there is danger of the parasite getting greedy, going rogue and threatening to kill the host ... as described in the account of financial industry accounting for 30% of all profit (and accounts of how the Financial industry has "captured" their regulators)
However, there have similar accounts of other beneficial parasites in
symbiotic relationship with the US Economy host, like Eisenhower's
warning about the Military-Industrial(-Congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
similar accounts of Drug industry (Medicare Part-D coming to be
long-term $40T item totally swamping all other budget items)
https://www.garlic.com/~lynn/submisc.html#medicare.part-d
as well as Healthcare Industry becoming dominate portion of GDP.
Interestingly, the Finance Industry apparently having gone rogue and
looking around at their parasite competitors have taken to buying up
some of their competitor parasites. This is seen in the articles about
private-equity taking over MICC and beltway bandits, hospitals and
public health firms, as well as drug firms ... in order to suck them
dry. private-equity posts
https://www.garlic.com/~lynn/submisc.html#private.equity
reference to private-equity moving in on various government contractors
(including Snowden's employer)
http://www.investingdaily.com/17693/spies-like-us/
past posts mentioning Private Equity forays into healthcare
https://www.garlic.com/~lynn/2014c.html#48 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#58 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#100 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#106 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#107 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#108 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014f.html#18 Before the Internet: The golden age of online services
https://www.garlic.com/~lynn/2014f.html#42 Before the Internet: The golden age of online services
https://www.garlic.com/~lynn/2014i.html#38 Sale receipt--obligatory?
https://www.garlic.com/~lynn/2014l.html#30 HP splits, again
https://www.garlic.com/~lynn/2014l.html#64 How Comp-Sci went from passing fad to must have major
https://www.garlic.com/~lynn/2014m.html#10 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#52 LEO
https://www.garlic.com/~lynn/2015d.html#77 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015g.html#89 Obama-Bush Years Saw Employers Reduce Health Insurance Coverage
https://www.garlic.com/~lynn/2016.html#93 Thanks Obama
regulatory capture posts
https://www.garlic.com/~lynn/2011i.html#25 Happy 100th Birthday, IBM!
https://www.garlic.com/~lynn/2011p.html#7 FDR explains one dimension of our problem: bankers own the government
https://www.garlic.com/~lynn/2012c.html#39 Greek knife to Wall Street
https://www.garlic.com/~lynn/2012c.html#54 PC industry is heading for more change
https://www.garlic.com/~lynn/2013.html#20 The Big Fail
https://www.garlic.com/~lynn/2013b.html#35 Adair Turner: A New Debt-Free Money Advocate
https://www.garlic.com/~lynn/2013d.html#25 Senator Sherrod Brown Drops a Bombshell in Mary Jo White's Hearing
https://www.garlic.com/~lynn/2013d.html#89 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#94 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013e.html#20 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013e.html#86 What Makes a thread about the European debt crisis Bizarre?
https://www.garlic.com/~lynn/2013f.html#1 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#2 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#34 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013f.html#36 Fed proposes annual assessments for large financial companies
https://www.garlic.com/~lynn/2013h.html#55 OT: "Highway Patrol" back on TV
https://www.garlic.com/~lynn/2013i.html#89 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013j.html#14 Barclays, Traders Fined $487.9 Million by U.S. Regulator
https://www.garlic.com/~lynn/2013j.html#15 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#78 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013k.html#26 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013k.html#29 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013k.html#32 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#38 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#52 The agency problem and how to create a criminogenic environment
https://www.garlic.com/~lynn/2013l.html#1 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013l.html#7 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013l.html#48 Ex-Wall Street chieftains living large in post-meltdown world
https://www.garlic.com/~lynn/2013l.html#52 Lehman Brothers collapse: was capitalism to blame?
https://www.garlic.com/~lynn/2013m.html#76 The Scholars Who Shill for Wall Street
https://www.garlic.com/~lynn/2013m.html#77 OCC Replies to Elizabeth Warren Reveal Extent of Regulatory Capture on Derivatives
https://www.garlic.com/~lynn/2013o.html#81 Academics Who Defend Wall St. Reap Reward
https://www.garlic.com/~lynn/2014b.html#3 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014b.html#50 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#68 Economists and our responsibilities to society
https://www.garlic.com/~lynn/2014k.html#47 LA Times commentary: roll out "smart" credit cards to deter fraud
https://www.garlic.com/~lynn/2014l.html#4 HP splits, again
https://www.garlic.com/~lynn/2014m.html#67 LEO
https://www.garlic.com/~lynn/2015b.html#71 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#81 Stanford Law School Covers Up SEC's Andrew Bowden's Embarrassing Remarks by Deep-Sixing Conference Video
https://www.garlic.com/~lynn/2015b.html#86 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#6 SEC's Andrew Bowden Regulatory Capture Scandal Hits the Major Leagues with Los Angeles Times Column
https://www.garlic.com/~lynn/2015c.html#11 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#16 Retirement Heist
https://www.garlic.com/~lynn/2015c.html#18 SEC's Andrew Bowden Regulatory Capture Scandal Hits the Major Leagues with Los Angeles Times Column
https://www.garlic.com/~lynn/2015c.html#41 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015d.html#24 Wall Street Bailouts Are Finally Over, Right?
https://www.garlic.com/~lynn/2015d.html#28 Bernie Sanders Proposes A Bill To Break Up The 'Too Big To Exist' Banks
https://www.garlic.com/~lynn/2015e.html#23 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#29 Eric Holder Returns as Hero to Law Firm That Lobbies for Big Banks
https://www.garlic.com/~lynn/2015f.html#36 Eric Holder, Wall Street Double Agent, Comes in From the Cold
https://www.garlic.com/~lynn/2015f.html#38 LIBOR: History's Largest Financial Crime that the WSJ and NYT Would Like You to Forget
https://www.garlic.com/~lynn/2015g.html#67 Economics Has a Math Problem
https://www.garlic.com/~lynn/2015g.html#73 Economists' Tribal Thinking
https://www.garlic.com/~lynn/2015h.html#28 rationality
https://www.garlic.com/~lynn/2016c.html#16 There Is Regulatory Capture, But It Is By No Means Complete
https://www.garlic.com/~lynn/2016c.html#18 Qbasic
https://www.garlic.com/~lynn/2016c.html#23 How Generation Y is paying the price for baby boomer pensions
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Why you might not be warned of an online security breach Date: 30 Mar 2016 Blog: Google+Why you might not be warned of an online security breach
We were tangentially involved in the original (i.e. cal. state) data
breach notification act. We had been brought in to help wordsmith the
cal. state electronic signature act and several of the participants
were heavily involved in privacy issues. They had done detailed public
privacy surveys and found the #1 issue was fraudulent financial
transactions as the result of data breaches ... where little or
nothing was being done. An issue is that normally entities take
security measures in self-protection and the institutions weren't at
risk from the breaches, it was their customers. It was hoped that the
publicity from the breaches would motivate corrective action.
https://www.garlic.com/~lynn/submisc.html#data.breach.notification.notification
Note that since then there have been numerous federal (preemption) bills (none yet passed) about evenly divided between those similar to the cal. legislation and those that effectively eliminate requirement for notification
posts mentioning electronic signature act
https://www.garlic.com/~lynn/subpubkey.html#signature
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Institutional Memory and Two-factor Authentication Date: 30 Mar 2016 Blog: LinkedInnote also LinkedIn
In the early part of the century, there was a major pilot deployment
of the EU chip&pin solution in the US. However, this was during the
Yes Card period. There is reference at the bottom on this Cartes2002
trip report (gone 404, but lives on at the wayback machine).
https://web.archive.org/web/20030417083810/http://www.smartcard.co.uk/resources/articles/cartes2002.html
In the wake of the Yes Card fiasco, all evidence of the large pilot
disappeared, and there was speculation it would be a long time before
it was tried in the US again. Part of the issue 1) even a pilot
deployment in the US is more costly than full country production
deployment in other places, 2) huge concern about the cost of possibly
repeated multiple failed deployments, 3) let experiments with failing
deployments be done in places where the failures would have much lower
financial impact. Note I had warned the people doing the pilot about
the cloning exploits ... but they were myopically focused on
lost/stolen card they appeared to not understand. Yes Card posts
https://www.garlic.com/~lynn/subintegrity.html#yescard
At 2003 "ATM Integrity Taskforce" meeting, a Federal LEO was describing the Yes Card issues ... during the presentation, somebody in the audience loadly exclaimed that they managed to spend billions of dollars to prove chips are less secure than magstripe.
Disclaimer: while the chip&pin design was going on in Europe, I
designed a chip that had none of their vulnerabilities (also works for
both POS and Internet). I facetiously said I was starting with $500
milspec part, aggressively cost reducing by 2-3 orders of magnitude
while improving the integrity. I was then asked by the transportation
industry, to make it work for transit turnstyle (work with contracless
power and transaction in 1/10th of second) while not reducing the
security (and even further reduction in cost). I was at panel
discussion here in standing room only ballroom (21st National
Information Systems Security Conference, 981007)
https://csrc.nist.gov/publications/detail/conference-paper/1998/10/08/proceedings-of-the-21st-nissc-1998
Prototype was shown at the 1999 world-wide retail banking show (BAI)
... referenced here:
https://www.garlic.com/~lynn/99.html#224
The lead TD in the Information Assurance Directorate then asked me to
give a talk on his panel in the Trusted Computing track at 2001 IDF,
reference gone 404, but lives on at the wayback machine
https://web.archive.org/web/20011109072807/http://www.intel94.com/idf/spr2001/sessiondescription.asp?id=stp%2bs13
More than you possibly ever want to know
https://www.garlic.com/~lynn/x959.html#aads
<note in the linkedin discussion there was mention of a financial chip "gizmos" deployed in europe>
Other trivia: The company that did the chip used for the one-time
token gizmos was south of Amsterdam, we met with their CEO there and
then drove with him to EU FINREAD standards meeting in Brussels. Note
FINREAD was one of the victims of the failure of institutional
memory. old mention
https://www.garlic.com/~lynn/2001g.html#57
posts mentioning FINREAD
https://www.garlic.com/~lynn/subintegrity.html#finread
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Which Books Can You Recommend For Learning Computer Programming? Newsgroups: alt.folklore.computers Date: Thu, 31 Mar 2016 10:08:33 -0700Stephen Wolstenholme <steve@easynn.com> writes:
then we attempted to get it added to 370 architecture. initially was rebuffed because the POK favorite son operating system people said that test&set was more than adequate for multiprocessor support (serializing critical code sections). The 370 architecture owners said that to get it justified would require additional uses, not just multiprocessor serialization. Thus was invented the multiprogramming/multithreading examples (used whether or not running on multiprocessor machine) that still are shown in the principles of operation.
This was especially leveraged by large multithreading DBMS avoiding needing to make kernel calls for lots of serialization ... and by the 80s lots of other platforms (especially those supporting high-throughput DBMS) were including compare&swap (or instructions with similar semantics).
Since then there has been quite a bit about holy grail in programming to provide paradigm easily supporting multiple concurrent operations ... instead of sequential, serial, step-by-step operation.
Old posts repeating story of Gates ordering Intel to keep producing
faster&faster single processor/core chips ... because multi-core
software programming was too hard. Gelsinger tells Gates that it wasn't
going to work that way:
https://www.garlic.com/~lynn/2007i.html#78 John W. Backus, 82, Fortran developer, dies
https://www.garlic.com/~lynn/2007m.html#2 John W. Backus, 82, Fortran developer, dies
https://www.garlic.com/~lynn/2008f.html#42 Panic in Multicore Land
https://www.garlic.com/~lynn/2012e.html#15 Why do people say "the soda loop is often depicted as a simple loop"?
https://www.garlic.com/~lynn/2012j.html#44 Monopoly/ Cartons of Punch Cards
https://www.garlic.com/~lynn/2012l.html#90 Blades versus z was Re: Turn Off Another Light - Univ. of Tennessee
https://www.garlic.com/~lynn/2012m.html#28 I.B.M. Mainframe Evolves to Serve the Digital World
https://www.garlic.com/~lynn/2013.html#48 New HD
https://www.garlic.com/~lynn/2014d.html#85 Parallel programming may not be so daunting
https://www.garlic.com/~lynn/2014m.html#118 By the time we get to 'O' in OODA
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Institutional Memory and Two-factor Authentication Date: 31 Mar 2016 Blog: LinkedInre:
I had HSDT project with T1 & faster speed links, starting in the early
80s,
https://www.garlic.com/~lynn/subnetwork.html#hsdt
had been working with director of NSF and were suppose to get
$20M to interconnect all the NSF supercomputer centers. Then congress
cuts the budget, some other things happen and eventually an RFP is
released (largely based on what we already had running). Internal
politics prevented us from bidding. The nsf director writes the
company a letter 3Apr1986, NSF Director to IBM Chief Scientist and IBM Senior VP and director of Research, copying IBM CEO) (with support from NSA chief
scientist and former IBM chief scientist) but that just makes the
internal politics worse. As the regional networks connects into the
centers it morphs into the NSFNET backbone (precursor to modern
internet).
https://www.garlic.com/~lynn/subnetwork.html#nsfnet
All the links on the internal network (larger than arpanet/internet
from just about the beginning until sometime mid-80s) had to be
encrypted. We had some interesting times for links that cross various
national boundaries. Also for HSDT, T1 link encryptors were really
expensive and almost impossible to get get encryptors for faster speed
links. I got involved doing link encryptor that had objective would
cost less than $100 to make and support up to 3mbytes/sec (and also do
reed-solomon FEC).
https://www.garlic.com/~lynn/subnetwork.html#internalnet
I got banged by the corporate crypto people that it significantly weakened industry standard encryption. It took me three months to figure out how to explain to them what was happening (it was significantly stronger than industry standard encryption), however it was hollow victory; I then got told that I could make as many as I wanted, but there was only one user in the world and they would all have to be sent to address in Maryland. It was when I realized that there are three kinds of encryption in the world, 1) they don't care about, 2) you can't do, 3) you can only do for them.
I side-stepped that issue doing the (later) crypto chip ... turns out
it only did authentication and no encryption ... also financial
standard that only required authentication (didn't require encryption
to preserve the integrity of the transaction or financial
institutions). I was also rep to the "Key Escrow" meetings and
established that it was violation of security to require escrow of
authentication keys. The gov. complained that people could cheat and
use authentication keys for encryption. That was one of the last
meetings. I got the idea that it was real problem for the agency, they
really, really liked the idea of authentication only (no encryption)
... but my impression was that it really upset them that it didn't
require PKI digital certificates.
https://www.garlic.com/~lynn/x959.html#aads
trivia: in the mid-80s, the leading hardware crypto company claimed that the IBM internal network had more than half of all link encryptors in the world
past posts mentioning 3kinds encryption
https://www.garlic.com/~lynn/2007t.html#48 Data Center Theft
https://www.garlic.com/~lynn/2008h.html#87 New test attempt
https://www.garlic.com/~lynn/2008i.html#86 Own a piece of the crypto wars
https://www.garlic.com/~lynn/2009p.html#32 Getting Out Hard Drive in Real Old Computer
https://www.garlic.com/~lynn/2010i.html#27 Favourite computer history books?
https://www.garlic.com/~lynn/2010o.html#43 Internet Evolution - Part I: Encryption basics
https://www.garlic.com/~lynn/2011g.html#20 TELSTAR satellite experiment
https://www.garlic.com/~lynn/2011g.html#60 Is the magic and romance killed by Windows (and Linux)?
https://www.garlic.com/~lynn/2011h.html#0 We list every company in the world that has a mainframe computer
https://www.garlic.com/~lynn/2011n.html#63 ARPANET's coming out party: when the Internet first took center stage
https://www.garlic.com/~lynn/2011n.html#85 Key Escrow from a Safe Distance: Looking back at the Clipper Chip
https://www.garlic.com/~lynn/2012.html#63 Reject gmail
https://www.garlic.com/~lynn/2012i.html#70 Operating System, what is it?
https://www.garlic.com/~lynn/2012k.html#47 T-carrier
https://www.garlic.com/~lynn/2013g.html#31 The Vindication of Barb
https://www.garlic.com/~lynn/2013i.html#69 The failure of cyber defence - the mindset is against it
https://www.garlic.com/~lynn/2013k.html#77 German infosec agency warns against Trusted Computing in Windows 8
https://www.garlic.com/~lynn/2013k.html#88 NSA and crytanalysis
https://www.garlic.com/~lynn/2013m.html#10 "NSA foils much internet encryption"
https://www.garlic.com/~lynn/2013o.html#50 Secret contract tied NSA and security industry pioneer
https://www.garlic.com/~lynn/2014.html#9 NSA seeks to build quantum computer that could crack most types of encryption
https://www.garlic.com/~lynn/2014e.html#7 Last Gasp for Hard Disk Drives
https://www.garlic.com/~lynn/2014e.html#25 Is there any MF shop using AWS service?
https://www.garlic.com/~lynn/2014e.html#27 TCP/IP Might Have Been Secure From the Start If Not For the NSA
https://www.garlic.com/~lynn/2014i.html#54 IBM Programmer Aptitude Test
https://www.garlic.com/~lynn/2014j.html#77 No Internet. No Microsoft Windows. No iPods. This Is What Tech Was Like In 1984
https://www.garlic.com/~lynn/2015c.html#85 On a lighter note, even the Holograms are demonstrating
https://www.garlic.com/~lynn/2015e.html#2 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015f.html#39 GM to offer teen driver tracking to parents
https://www.garlic.com/~lynn/2015h.html#3 PROFS & GML
https://www.garlic.com/~lynn/2016.html#101 Internal Network, NSFNET, Internet
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 31 Mar 2016 12:33:05 -0700"764hho" <764hho@nospam.com> writes:
in the wake of chips aren't practical in the consumer market (discussed in the above) ... there were a number of "safe credit&debit" products created as alternative to chip-based for the internet market around the start of the century.
initially they had high acceptance from the large internet merchants that account for possibly 80% of internet financial transactions. For internet merchants they were expecting an enormous reduction in interchange fees that they were paying on transactions (for decades merchants have been indoctrinated that interchange fees are heavily prorated by associated fraud rate for type of transaction ... with internet falling into the highest category). "Safe" products could eliminate almost all kinds of current fraud resulting in possible 90% reduction in fees.
Then came the cognitive dissonance, instead of a 90% reduction in fees, the financial institutions decided that there would effectively be a surcharge on top of the highest rate they were already paying and the whole thing fall apart.
a couple years later there was article explaining the situation ... in EU financial instituations these fees accounted for less than 10% of their bottom line ... but 40-60% of the bottom line for US institutions .... a 1/3rd (or more hit) to their bottom line was serious matter.
Currently the is analysis that too big to fail are using large part of the ZIRP funds from the federal reserve to buy treasuries clearing something like $300B/annum. However too big to fail apparently are also using a significant amount (behind the scenes) to underwrite "payday lenders" which are able to effectively clear significant more than usury laws allow.
too big to fail posts
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
and
https://www.garlic.com/~lynn/submisc.html#zirp
recent article Payday Lenders
http://www.huffingtonpost.com.au/entry/debbie-wasserman-schultz-payday-lenders_us_56e1a9d6e4b065e2e3d50764
a couple past posts mentioning payday lenders
https://www.garlic.com/~lynn/2014b.html#19 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014i.html#37 Sale receipt--obligatory?
https://www.garlic.com/~lynn/2015h.html#53 rationality
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Which Books Can You Recommend For Learning Computer Programming? Newsgroups: alt.folklore.computers Date: Thu, 31 Mar 2016 12:42:45 -0700pechter@pechter.net (William Pechter) writes:
old posts with decade of vax sales, sliced & diced by model, year,
us/non-US
https://www.garlic.com/~lynn/2002f.html#0 Computers in Science Fiction
vax and IBM 4300 sold into the same mid-range market and in similar numbers ... excepting the large corporate multi-hundred 4300 orders.
as seen in the vax nos, by the mid-80s, the mid-range market was starting to move to workstations and large PCs (4300s saw similar effect).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Which Books Can You Recommend For Learning Computer Programming? Newsgroups: alt.folklore.computers Date: Thu, 31 Mar 2016 12:51:05 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
Intel's Broadwell Xeon E5-2600 v4 chips: So what's in it for you,
smartie-pants coders; New instructions, transactions, virtualization
features and more
http://www.theregister.co.uk/2016/03/31/intel_broadwell_ep_xeon_e5_2600_v4/
e5-2600 is two socket ... so 22cores/socket is 44core and 88 thread SMP
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Can commodity hardware actually emulate the power of a mainframe? Date: 31 Mar 2016 Blog: LinkedInCan commodity hardware actually emulate the power of a mainframe?
Similar discussion going on over in the ibm-main mailing list
(originated on the corporate sponsored university BITNET in the 80s)
... public archives here at google groups:
https://groups.google.com/forum/#!topic/bit.listserv.ibm-main/0KPk-5l_RFY
I have long-winded post ,,, at the moment most recent at bottom
(10:33am 20mar2016)
https://groups.google.com/d/msg/bit.listserv.ibm-main/0KPk-5l_RFY/7ruU3syGDQAJ
re:
https://www.garlic.com/~lynn/2016c.html#22 CeBIT and mainframes
https://www.garlic.com/~lynn/2016c.html#24 CeBIT and mainframes
https://www.garlic.com/~lynn/2016c.html#28 CeBIT and mainframes
Trivia: One of the primary architects behind Itanium was at IBM in the 60s&70s, was responsible for dual-address retrofit to 3033 and heavily involved in risc/801 Iliad efforts ... but then left in the early 80s. AMD introduced 64bit I86 upward migrate as alternative to Itanium. When most of the market went with AMDs solution (rather than Itanium), Intel pretty much adopted the AMD 64bit solution ... and moved the industrial strength "enterprise" features from Itanium into their server-line of i86 processors.
The late 70s IBMs risc/801 Iliad efforts were to converge the large variety of internal cisc microprocessors to risc/801, 4331/4341 follow-on (4361/4381), s38 follow-on (as/400), lots of controllers, etc. For various reasons the risc/801 Iliad efforts at the time failed ... and there was continuation of cisc efforts (note as/400 did finally move to risc/801, but a decade later).
Note current chips contain billions of transistors ... think of design of chip like program with billions of instructions. chip manufacturing is setup for doing millions of chips at a time. If you can use an existing chip or do a chip that has minimum of modifications to existing chips ... there is enormous savings in time and expense
I worked with Jim Gray at SJR. He then left and went to Tandem. At
tandem he was responsible for industry standard DBMS benchmarking
(TPC.ORG). He also did industry studies of availability ... overview
of study from 1984
https://www.garlic.com/~lynn/grayft84.pdf
also
https://jimgray.azurewebsites.net/papers/TandemTR86.2_FaultToleranceInTandemComputerSystems.pdf
Study found that by that time, hardware had gotten so reliable that major outages were software, people mistakes, and environmental (power outages, floods, etc).
Last product we did before leaving IBM was HA/CMP ... high
availability using IBM commodity systems. When I was out marketing I
coined the terms disaster survivability and geographic
survivability. I was then asked to write a section for the
corporate strategic continuous availability document ... but it
got pulled when POK (mainframe) complained that they couldn't meet the
requirements. The mainframe DB2 group was complaining that I was at
least 5yrs ahead of them (I was showing 5-nines availability w/o much
effort).
https://www.garlic.com/~lynn/subtopic.html#hacmp
Trivia: at IBM in late 80s & early 90s we participated in
standards for fibre-channel (what FICON is layered on) and SCI.
Several companies did SMP scale-up using SCI, sequent, convex, SGI, DG,
etc. After leaving IBM we did some work with Convex (related to
Exemplar) and SGI (the IBM exec we reported to when we were doing
HA/CMP was hired to be president of MIPS). After HP bought Convex
... HP also hired one of the other people from IBM RS/6000 to run
SuperDome (sort of positioned as more cost effective Exemplar) ... and
we had several meetings with him trying to get us to join the group.
Note at '91 ACM SIGOPS, Jim Gray and I got into dustup over doing
high-availability on commodity hardware for DBMS (he was at
Tandem/DEC) ... six years later he is at Microsoft and had to get up
on stage with their CEO pushing high availability on commodity
hardware.
https://www.garlic.com/~lynn/submisc.html#ficon
Disclaimer: 1980 I was asked to do the support for channel extender
for STL (now IBM Silicon Valley Lab), they were moving 300 people from
the IMS group to offsite bldg. with access back to the STL datacenter;
they had tried remote 3270 but found the human factors
intolerable. The channel extender support put channel attached 3270
controllers out at the offsite bldg ... and resulted in response
indistinguishable from channel attach 3270 controllers within the STL
bldg. The vendor they tried to get approval from IBM to release the
support, but there was a group in POK that was playing with some
serial stuff and they got it blocked because they were afraid it might
interfere with getting their stuff released.
https://www.garlic.com/~lynn/submisc.html#channel.extender
Then some POK channel engineers get involved in fibre-channel and
defined a protocol that drastically reduces the native throughput that
is finally released as FICON. Last peak I/O benchmark I've seen
published is for z196 which got 2M IOPS using 104 FICON (running over
104 fibre-channel). At about the same time, there was fibre-channel
announced for e5-2600 blade claiming over million IOPS, two such
fibre-channel have greater throughput than 104 FICON. Also all SAPs
run 100% busy getting 2.2M SSCH/sec, but recommends to keep SAPs to
75% busy or 1.5M SSCH/sec. About the same time they mention that
zHPF/TCW work (which has a little of the stuff that I did in 1980)
improves FICON throughput by about 30% (possibly 2.6M IOPS on 104
FICON or 25K IOPS/FICON compared to over million native).
z900, 16 processors, 2.5BIPS (156MIPS/proc), Dec2000
z990, 32 processors, 9BIPS, (281MIPS/proc), 2003
z9, 54 processors, 18BIPS (333MIPS/proc), July2005
z10, 64 processors, 30BIPS (469MIPS/proc), Feb2008
z196, 80 processors, 50BIPS (625MIPS/proc), Jul2010
EC12, 101 processors, 75BIPS (743MIPS/proc), Aug2012
about same time as z196 is e5-2600V1 blade at 400-500+BIPS depending
on model. Current is e5-2600V4 blade claiming 3-4 times V1 or about
1.5TIPS (1500BIPS).
z13 published refs is 30% move throughput than EC12 (or about 100BIPS) with 40% more processors ... or about 710MIPS/proc. z13 with 320 FICON would only increase z196 peak I/O 104 FICON by about factor of three (6M IOPS?, zHPF/TCW 7.8M IOPS). The equivalent would then be six native fibre-channel on e5-2600v4 blade.
Intel tick-tock
https://en.wikipedia.org/wiki/Intel_Tick-Tock
e5-2600v1 was 32nm chip technology, same as z196&ec12
e5-2600v4 is 14nm chip technology "tick"/broadwell
http://www.itworld.com/article/2985214/hardware/intels-xeon-roadmap-for-2016-leaks.html
moving to "tock"/skylake
with PCIe solid state disks (some nearly 1M IOPS/drive)
http://www.fastestssd.com/featured/ssd-rankings-the-fastest-solid-state-drives/#pcie
and coming up next year:
http://www.kitguru.net/components/graphic-cards/anton-shilov/pci-express-4-0-with-16gts-data-rates-and-new-connector-to-be-finalized-by-2017/?PageSpeed=noscript
16GT/s base transfer rate will allow PCI Express 4.0 x1 interconnection to transfer up to 2GB of data per second, whereas the PCIe 4.0 x16 slots used for graphics cards and ultra-high-end solid-state drives will provide up to 32GB/s of bandwidth. Higher transfer rates will also let mobile devices to save power since it will take less time to transfer data.
Max configured mainframes have been running around $30M ... or $300,000-$600,000 per BIPS. Before IBM unloaded its commodity server business it had e5-2600v1 blade base list price of $1815 ... $3.50-$4.00/BIPS. Cloud megadatacenters for over a decade, have been claiming they assemble their own systems for 1/3rd the price of brand name servers (possible motivation for IBM to unload its business) or nearly $1/BIPS (compared to mainframe $300,000-$600,000/BIPS). IBM also listed high-density serever rack with something like 64 blades/rack ... base list for 64blades pushing $120K, but cloud doing their own $40K. A single cloud megadatacenter has hundreds of thousands of server blades and millions of processors (more processing than all mainframes in existence)
TYPO, In 1988, I'm asked to help standardize some serial stuff that LLNL was playing with which quickly becomes fibre channel standard ... one of the issues is that protocol latency effects increases with increase in bandwidth ... so that it becomes apparent at relatively short distances. One of the features with the 1980 work is that it localized the enormous IBM channel protocol latency at the offsite bldg and then used much more efficient protocol the longer distance. For fibre channel used the much more efficient protocol for everything. The POK people finally get their stuff released in *1990* as ESCON, when it is already obsolete.
We were working on cluster scale-up for HA/CMP ... both for commercial
with RDBMS vendors and science/technical with national labs (including
LLNL). Old reference to meeting in Ellison conference room Jan1992
https://www.garlic.com/~lynn/95.html#13
Within a few weeks, the cluster scale-up was transferred, announced as
IBM supercomputer and we were told we couldn't work on anything with
more than four processors (motivating us to decide to leave).
17Feb1992, announced for scientific and technical *ONLY*
https://www.garlic.com/~lynn/2001n.html#6000clusters1
11May1992, IBM "surprised" by national lab interest in cluster scale(?)
https://www.garlic.com/~lynn/2001n.html#6000clusters2
old email
https://www.garlic.com/~lynn/lhwemail.html#medusa
Mainframe DB2 had been complaining if I was allowed to proceed, it
would be at least 5yrs ahead of what they were doing.
IBM seems to do a lot of FUD/marketing around mainframe. I like to see hard data. They use to be TPC numbers for mainframe ... and there still are IBM TPC numbers for non-mainframes ... but there have been a very long time since TPC numbers for mainframe ... just a lot of hand waving. The published peak I/O benchmarks for z196 have been the most recent published numbers I seen that looks like hard data.
IBM systems mag article from last decade, although they slightly
garbled some stuff
http://www.ibmsystemsmag.com/mainframe/stoprun/Stop-Run/Making-History
1979, I was con'ed into doing 4341 benchmarks for national lab which was
looking at getting 70 for (cluster) compute farm (sort of the leading
edge of the coming supercomputer & cloud dataprocessing paradigm,
tens of thousands of 4341s were then going out into departmental
areas, sort of leading edge of the coming distributed computing
tsunami). I had 4341 side-by-side with 3033 ... so did detailed
comparisons. Because I was doing detailed side-by-side equivalent
comparison ... POK couldn't say that the numbers were wrong, so they
eventually fell back to saying I was anti-POK.
https://www.garlic.com/~lynn/lhwemail.html#4341
Traditionally TPC has been for comparing vendor products (where there is some cost associated with certified results). Cloud assembling their own systems ... and open-source "free" software products ... has significantly commoditized the market (increasingly marginalizing vendors). TPC can certify results but is not funded to do their own independent benchmarks (not underwriters labortories for safety).
That is one reason that the large cloud megadatacenters are both commodity hardware *AND* linux (or some variation). The other reason for some variation of linux was that they were making huge number of changes to make it more efficient in their environment. This had actually started with supercomputer/GRID computing which predate the large cloud operations ... doing their own megadatacenters with increasingly commodity parts and needed to extensively modify the original source (sort of takes us back to the virtual machine CP67 and VM370 customer culture in the 60s & 70s)
latest E5-2600V4 ... two socket, 22cores/socket-chip, 44cores total,
88 thread SMP
http://www.theregister.co.uk/2016/03/31/intel_broadwell_ep_xeon_e5_2600_v4/
which seems to be commodity part for many large cloud operations.
there is E7-4800 blades which have four sockets and even some E7-8800
eight socket ... but they to show up more in specific vendor server
products (as opposed to large cloud megadatacenters)
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Which Books Can You Recommend For Learning Computer Programming? Newsgroups: alt.folklore.computers Date: Fri, 01 Apr 2016 10:24:55 -0700Stan Barr <plan.b@bluesomatic.org> writes:
Took me four months to get the order and another two months to get the release one upgrade. However, modula2 compiler performance compared poorly with turbo pascal, modula2 5line example program, took 3mins to compile and one min to link.
Fall of 1983, palo alto science center published comparison for moudla2 and pascal/vs (which had a lot of enhancements not found in base pascal). A big difference was modula2 "PROCESS", "NEWPROCESS" and "TRANSFER" (for multiprogramming/multithreading). However, they did pascal/vs library implementation of the features and used them to implement moudla2 example programs.
The original mainframe pascal (that became pascal/vs) was done by the
los gatos vlsi tools group using metaware's TWS (later pascal/vs was
made available on both mainframe and rs/6000). There was also some
effort looking at using metaware's TWS to implement modula2 front-end
for the pascal/vs backend code generator.
from long ago and far away
#***********************************************************# # # # TM # # MetaWare TWS User's Manual # # # # A Translator Writing System # # based on the # # LR Parsing Technique # # # # (C) Copyright 1979, 80, 81 # # Franklin L. DeRemer # # Thomas J. Pennello # # Santa Cruz, CA 95060 # # # # # #***********************************************************#
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Which Books Can You Recommend For Learning Computer Programming? Newsgroups: alt.folklore.computers Date: Fri, 01 Apr 2016 21:25:02 -0700Dave Garland <dave.garland@wizinfo.com> writes:
ported apl\360 to cp67/cms for cms\apl. As part of cms\apl, on of the things done was api to system services like file i/o ... so it could handle real-world applications ... like larger than workspace size ... typically 16kbytes for apl\360.
Another thing that had to be done was rework garbage collection. APL\360 started out with all space compacted at one end of workspace ...and then every assignment allocated new location ... until it reached the other end of workspace ... in which it did garbage collected. Wasn't big deal for apl\360 workspace which were swapped as single piece of storage. Moving to cp67/cms with workspace in demand paged virtual memory, this could mean rapidly touching 16mbytes and then compacting/garbage collection ... which resulted in lots of page thrashing. garbage collection got tuned to be triggered before touching excessive amount of workspace.
The APL forces criticized science center for corrupting the purity of
APL with the way the system services API was implemented. Eventually
they come up with "shared variables" semantics as mechanism for
accessing system services (replacing the original cms\apl
implementation)
https://en.wikipedia.org/wiki/Shared_Variables
this then shows up in apl\cms that was done for vm370/cms.
past posts mentioning apl &/or HONE (worldwide online sales&marketing
system that had majority of applications implemented in apl
... originally cp67/cms cms\apl ... and then moved to vm370/cms and
apl\cms).
https://www.garlic.com/~lynn/subtopic.html#hone
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Isolationism and War Profiteering Date: 27 Mar 2016 Blog: Facebookre:
year ago reference:
https://plus.google.com/+LynnWheeler/posts/38836CbWkfm
https://www.facebook.com/lynn.wheeler/posts/10205492099837519
The neutrality acts leading up to WW2 were pushed by members of congress that claimed it was to counteract the enormous war profiteering that they saw in WW1. Industrialists respun it for the public as isolationism.
June1940, Germany had a victory celebration at the Waldorf-Astoria
with major industrialists. Lots of them were there to hear how to do
business with the Nazis, Intrepid
https://www.amazon.com/Man-Called-Intrepid-Incredible-Narrative-ebook/dp/B00V9QVE5O/
loc1925-29:
One prominent figure at the German victory celebration was Torkild
Rieber, of Texaco, whose tankers eluded the British blockade. The
company had already been warned, at Roosevelt's instigation, about
violations of the Neutrality Law. But Rieber had set up an elaborate
scheme for shipping oil and petroleum products through neutral ports
in South America. With the Germans now preparing to turn the English
Channel into what Churchill thought would become 'river of blood,'
other industrialists were eager to learn from Texaco how to do more
business with Hitler.
... snip ...
Also, John Foster Dulles played major role in rebuilding Germany's
economy and military during 20s&30s. The Brothers: John Foster Dulles,
Allen Dulles, and Their Secret World War,
https://www.amazon.com/Brothers-Foster-Dulles-Allen-Secret-ebook/dp/B00BY5QX1K/
loc865-68:
In mid-1931 a consortium of American banks, eager to safeguard their
investments in Germany, persuaded the German government to accept a
loan of nearly $500 million to prevent default. Foster was their
agent. His ties to the German government tightened after Hitler took
power at the beginning of 1933 and appointed Foster's old friend
Hjalmar Schacht as minister of economics.
loc873-79:
Sullivan & Cromwell floated the first American bonds issued by the
giant German steelmaker and arms manufacturer Krupp A.G., extended
I.G. Farben's global reach, and fought successfully to block Canada's
effort to restrict the export of steel to German arms makers.
loc905-7:
Foster was stunned by his brother's suggestion that Sullivan &
Cromwell quit Germany. Many of his clients with interests there,
including not just banks but corporations like Standard Oil and
General Electric, wished Sullivan & Cromwell to remain active
regardless of political conditions.
loc938-40:
At least one other senior partner at Sullivan & Cromwell, Eustace
Seligman, was equally disturbed. In October 1939, six weeks after the
Nazi invasion of Poland, he took the extraordinary step of sending
Foster a formal memorandum disavowing what his old friend was saying
about Nazism
... snip ...
military-industrial(-congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
and
perpetual war posts:
https://www.garlic.com/~lynn/submisc.html#perpetual.war
And from the law of unintended consequences, for the 1943 US Strategic Bombing Program of Germany, they needed military and industrial target locations, they got coordinates and detailed plans from wallstreet.
past posts referencing "Battle of Bretton Woods"
https://www.garlic.com/~lynn/2015c.html#45 The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order
https://www.garlic.com/~lynn/2015c.html#51 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#54 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#55 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#70 God No, the U.S. Air Force Doesn't Need Another Curtis LeMay
https://www.garlic.com/~lynn/2015d.html#13 Fully Restored WWII Fighter Plane Up for Auction
https://www.garlic.com/~lynn/2015d.html#53 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2016.html#31 I Feel Old
https://www.garlic.com/~lynn/2016.html#39 Shout out to Grace Hopper (State of the Union)
past "strategic bombing program" posts
https://www.garlic.com/~lynn/2015b.html#52 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015b.html#68 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#69 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015d.html#13 Fully Restored WWII Fighter Plane Up for Auction
https://www.garlic.com/~lynn/2015d.html#37 End of vacuum tubes in computers?
https://www.garlic.com/~lynn/2015f.html#77 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#7 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#55 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015h.html#0 How Corporate America Invented Christian America; Inside one reverend's big business-backed 1940s crusade to make the country conservative again
https://www.garlic.com/~lynn/2015h.html#26 Putin's Great Crime: He Defends His Allies and Attacks His Enemies
https://www.garlic.com/~lynn/2015h.html#28 rationality
https://www.garlic.com/~lynn/2015h.html#119 For those who like to regress to their youth? :-)
https://www.garlic.com/~lynn/2016.html#31 I Feel Old
https://www.garlic.com/~lynn/2016b.html#49 Corporate malfeasance
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: A call for revolution Date: 02 Apr 2016 Blog: Slightly East of Newre:
"There Is Regulatory Capture, But It Is By No Means Complete"
https://promarket.org/there-is-regulatory-capture-but-it-is-by-no-means-complete/
I don't consider myself an expert on the financial industry, but the
fact that the financial industry is responsible for something like 30
percent of all profits seems rather remarkable. I am startled by the
size of the financial industry and what it means. I can't believe this
is really needed for the allocation of resources. A lot of it is going
to be rent-seeking. It creates a diversion of resources, especially
human capital, and not only does it create problems for the legitimacy
of income distribution, but that also means resources diverted for
this purpose [rent-seeking] can't be used elsewhere.
... snip ...
Joe Stiglitz Blasts Our Wealthy-Coddling Tax System for Increasing the
Returns on Rent-Seeking
http://www.nakedcapitalism.com/2013/04/joe-stiglitz-blasts-our-wealthy-coddling-tax-system-for-increasing-the-returns-on-rent-seeking.html
And then the good professor turns to corporate tax breaks, citing
poster child GE, which has paid on average less than 2% of its income
in taxes since 2002. The picture is likely even worse than these
figures suggest since corporations and wealthy individuals can hide
income tax havens.
... snip ...
and wiki
https://en.wikipedia.org/wiki/Rent-seeking
The economist Joseph Stiglitz has argued that rent-seeking contributes
significantly to income inequality in the United States through
lobbying for government policies that let the wealthy and powerful get
income, not as a reward for creating wealth, but by grabbing a larger
share of the wealth that would otherwise have been produced without
their effort.[28][29] Piketty, Saez, and Stantcheva have analyzed
international economies and their changes in tax rates to conclude
that much of income inequality is a result of rent-seeking among
wealthy tax payers.[30]
... snip ...
Also sometimes Wallstreet and Financial industry have been represented as beneficial parasites in symbiotic relationship with the US Economy host. However there is danger of the parasite getting greedy, going rogue and threatening to kill the host ... as described in the account of financial industry accounting for 30% of all profit (and accounts of how the Financial industry has "captured" their regulators)
However, there have similar accounts of other beneficial parasites in
symbiotic relationship with the US Economy host, like Eisenhower's
warning about the Military-Industrial(-Congressional) complex Similar
accounts of Drug industry (Medicare Part-D coming to be long-term $40T
item totally swamping all other budget items) as well as Healthcare
Industry becoming dominate portion of GDP.
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
and
https://www.garlic.com/~lynn/submisc.html#medicare.part-d
Interestingly, the Finance Industry apparently having gone rogue and looking around at their competitors have taken to buying up some of their competitor parasites. This is seen in the articles about private-equity taking over MICC and beltway bandits, hospitals and public health firms, as well as drug firms ... in order to suck them dry.
reference to private-equity moving in on various government
contractors (including Snowden's employer)
http://www.investingdaily.com/17693/spies-like-us/
success.of.failure
https://www.garlic.com/~lynn/submisc.html#success.of.failuree
private-equity
https://www.garlic.com/~lynn/submisc.html#private.equity
The Great Deformation: The Corruption of Capitalism in America
https://www.amazon.com/Great-Deformation-Corruption-Capitalism-America-ebook/dp/B00B3M3UK6/
loc11313-16:
Yet the stunningly aggressive manner in which KKR and Bain have
literally plundered cash from HCA since the mega-buyout implies just
the opposite. After loading HCA with $28 billion of debt to fund the
original buyout, KKR and Bain have since extracted dividends and stock
buybacks amounting to another $7 billion. These massive payouts to the
sponsors have absorbed every dime of available cash and borrowing
capacity at HCA.
loc11365-69:
THE HCA PRIVATE EQUITY PLUNDER: STATE POLICY RUN AMOK At the end of
the day, the circumstances of the $33 billion HCA buyout are a
screaming indictment of current policies of the state. HCA is the
nation's largest hospital chain, but it thrives only by dint of the
$15 billion it collects each year from Medicaid and Medicare. These
revenues are vastly inflated compared to what HCA would obtain if it
had to compete for patient dollars in an honest consumer-driven
market.
loc11398-401:
The estimate at the time was that this sweeping change in the Medicare
reimbursement regime could have reduced its hospital payments by 30
percent and would have struck a mortal blow at high-cost general
hospital chains like HCA. Stated differently, much of the inflated
EBITDA which was absorbing HCA's $2.0 billion annual interest bill
would have been clawed back to the benefit of taxpayers.
... snip ...
Securitized Mortgages had been used during the S&L crisis to obfuscate fraudulent mortgages (posterchild were office bldgs in Dallas/Ft.Worth that turned out to be empty lots). Late 90s I was asked to try and help prevent coming economic crisis by improving the integrity of mortgage supporting documents. However, the sellers discovered that they could pay the rating agencies for triple-A rating (when the rating agencies knew they weren't worth triple-A from Oct2008 congressional hearings into the major role that rating agencies played in the economic mess). Triple-A rating trumps supporting documents and they could start selling no-document, liar loans. The triple-A rating largely responsible for moving mortgages out of traditional market and into the bond market, allowing them to sell to operations restricted to only safe investments, like large private & public pension funds (claim responsible for 30% hit to the funds and trillions in pension shortfall), largely response for over $27T done 2001-2008 (where they skimmed possibly $4T-$5T).
Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
Claims are that the financial industry tripled in size (as percent of GDP) during the economic mess, also the NY state comptroller reported that the aggregate wallstreet bonuses quadrupled in size during the same period. The reward for fraudulent activity was so enormous that it easily overcame any concern that they might have had about the effect it would have on their firm, the economy, or the country. The S&L crisis had 30,000 criminal referrals and 1,000 criminal convictions (with jailtime). The economic mess was 70 times larger than the S&L crisis and there have been *NO* criminal referrals or convictions (proportionally there should be 70,000 criminal convictions with jailtime).
VP (and former director of CIA) claims no knowledge of
https://en.wikipedia.org/wiki/Iran-Contra_affair
because he was fulltime administration point person deregulating
financial industry ... creating S&L crisis
https://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
https://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
and Jeb during S&L crisis
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260
Republicans and Saudis bailing out the Bushes
who then: Lehman's Gift To Jeb Bush For Funneling Pension Money: A
$1.3 Million Consulting "Job"
http://www.zerohedge.com/news/2015-08-19/lehmans-gift-jeb-bush-funneling-pension-money-13-million-consulting-job
and another family member presides over the economic mess, 70 times larger than the S&L crisis
Triva: when investors started to realize that triple-A ratings were for sale and rating agencies might not be trusted, the muni-bond market froze. Then Warren Buffett steps in and starts offering muni-bond insurance to unfreeze the market.
Fraud Key Profit Center For Wall Street-William Black
http://usawatchdog.com/fraud-key-profit-center-for-wall-street-william-black/
Why have a totally fraudulent financial system? Dr. Black, who is an
expert in white-collar crime, says, "It's hard to make money with
competition. It's really hard. People who have never been in
business don't understand how hard real competition is. Real
competition makes it hard to prosper, but if you rig the system, it
makes it easy. The reward for rigging is phenomenal. We are talking
every year, hundreds of billions of dollars in bonus compensation.
It's far more than their straight salaries, and it is going to folks
that it wouldn't go to them if they didn't rig the system. And, no
one is prosecuted. They don't even give back the fraud proceeds, even
when they catch them red-handed."
... snip ...
too big to fail, too big to prosecute, too big to jail
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
Note Black was the regulator
https://en.wikipedia.org/wiki/William_K._Black
that got Keating in the S&L crisis,
https://en.wikipedia.org/wiki/Charles_Keating
along the way, Keating sic'ed the "Keating Five" to try and take out
Black
https://en.wikipedia.org/wiki/Keating_Five
--
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: The Iceberg of Ignorance Date: 02 Apr 2016 Blog: FacebookRecently seen on Linkedin, goes along with Boyd's references to pushing decisions to the lowest level possible
The Iceberg of Ignorance
http://bobbyalbert.com/iceberg-of-ignorance/
Also in Organic Design for Command and Control briefings he would comment that former WW2 military officers were beginning to contaminate US corporate culture. That at entry to WW2, US was to deploy large numbers with little or no experience ... and to leverage the few skilled resources, it created a rigid, top-down, command&control structure ... effectively assuming that only the people at the very top knew what they were doing.
Boyd posts and URLs
https://www.garlic.com/~lynn/subboyd.html
other reference:
Iceberg of Ignorance' leads to chilly service
http://www.hospitalityexcellence.com/iceberg-of-ignorance-leads-to-chilly-service/
Iceberg of Ignorance - Are You Aware of All Your Small Business
Problems?
http://www.socialmediatoday.com/content/iceberg-ignorance-are-you-aware-all-your-small-business-problems
The Iceberg of Ignorance Revisited
http://www.thinkwaystrategies.com/iceberg-ignorance-revisited
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: We Must Stop The Race to Attribution After Each Cyberattack Date: 03 Apr 2016 Blog: FacebookWe Must Stop The Race to Attribution After Each Cyberattack
We were tangentially involved in the original (i.e. cal. state) data
breach notification act. We had been brought in to help wordsmith the
cal. state electronic signature act and several of the participants
were heavily involved in privacy issues. They had done detailed public
privacy surveys and found the #1 issue was fraudulent financial
transactions as the result of data breaches ... where little or
nothing was being done. An issue is that normally entities take
security measures in self-protection and the institutions weren't at
risk from the breaches, it was their customers. It was hoped that the
publicity from the breaches would motivate corrective action.
https://www.garlic.com/~lynn/submisc.html#data.breach.notification.notification
Long ago and far away, there was intellectual theft at silicon valley company and the company was suing for billions of dollars in damages. The judge ruled that the company had to demonstrate that it took security measures proportional to the claimed value (sort of like swimming pool liability if not properly fenced). The problem with most of the breaches is it the value to the institution or the value to the public at risk.
Note that since then there have been numerous federal (preemption) bills (none yet passed) about evenly divided between those similar to the cal. legislation and those that effectively eliminate requirement for notification
posts mentioning electronic signature act
https://www.garlic.com/~lynn/subpubkey.html#signature
In the case of current credit card transaction paradigm, the value of the data to the merchant is the profit from the transaction, which can be a couple dollars (and the value to transaction processor can be a couple cents). However, the value to the crooks is the credit limit for the account (a couple hundred to several thousand dollars for each account). As a result, the crooks may be able to outspend attacking than the institutions can afford to spend defending (security proportional to risk). Disclaimer: In the mid-90s the X9A10 financial transaction standard working group was given the requirement to preserve the integrity of the financial industry for *ALL* retail payments. We didn't do anything to prevent breaches, what we did was slightly tweak the existing paradigm, eliminating the value of the data to the crooks (and risk to consumers), eliminating the motivation for those breaches.
X9.59 standard
https://www.garlic.com/~lynn/x959.html#x959
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 03 Apr 2016 10:52:37 -0700"J. Clarke" <j.clarke.873638@gmail.com> writes:
George Will Confirms Nixon's Vietnam Treason
http://www.commondreams.org/views/2014/08/12/george-will-confirms-nixons-vietnam-treason
Nixon betrayal far worse than GOP Iran letter; Republican nominee
sabotaged Vietnam peace talks before he was elected president.
http://www.usatoday.com/story/opinion/2015/03/10/senators-letter-doesnt-rise-to-nixons-level/24695093/
The Lyndon Johnson tapes: Richard Nixon's 'treason'
http://www.bbc.com/news/magazine-21768668
How Richard Nixon Sabotaged 1968 Vietnam Peace Talks to Get Elected
President
http://www.truth-out.org/progressivepicks/item/13994-how-richard-nixon-sabotaged-1968-vietnam-peace-talks-to-get-elected-president
and recent reference to more Nixon illegal activity
https://www.garlic.com/~lynn/2016c.html#39 Qbasic
slightly related
https://www.garlic.com/~lynn/2016c.html#27 Qbasic
where Presidential Records Act of 1978 was passed in the wake of the Nixon fraud and scandals requiring release of presidential records no later than 12yrs after leaving office.
The presidential records from the 80s were due to release in early part of this century (including things like Iran-Contra). However the president signed executive order keeping them classified (which would have included activity of his father who was VP at the time).
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From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Sun, 03 Apr 2016 11:14:29 -0700mausg writes:
who was in Boston, and then across the river over in Cambridge: Is
Harvard responsible for the rise of Putin?: John Helmer: Convicted
Fraudster Jonathan Hay, Harvard's Man Who Wrecked Russia, Resurfaces in
Ukraine
http://www.nakedcapitalism.com/2015/02/convicted-fraudster-jonathan-hay-harvards-man-who-wrecked-russia-resurfaces-in-ukraine.html
If you are unfamiliar with this fiasco, which was also the true
proximate cause of Larry Summers' ouster from Harvard, you must read an
extraordinary expose, How Harvard Lost Russia, from Institutional
Investor. I am told copies of this article were stuffed in every Harvard
faculty member's inbox the day Summers got a vote of no confidence and
resigned shortly thereafter.
... snip ...
How Harvard lost Russia; The best and brightest of America's premier
university came to Moscow in the 1990s to teach Russians how to be
capitalists. This is the inside story of how their efforts led to
scandal and disgrace.
https://web.archive.org/web/20160325154522/http://www.institutionalinvestor.com:80/Article/1020662/How-Harvard-lost-Russia.html
?
Mostly, they hurt Russia and its hopes of establishing a lasting
framework for a stable Western-style capitalism, as Summers himself
acknowledged when he testified under oath in the U.S. lawsuit in
Cambridge in 2002. "The project was of enormous value," said Summers,
who by then had been installed as the president of Harvard. "Its
cessation was damaging to Russian economic reform and to the
U.S.-Russian relationship."
... snip ...
Now members of "team b" back in the 70s
https://www.garlic.com/~lynn/submisc.html#team.b
were around later for lots more activity including supplying Iraq with
WMDs in the Iran/Iraq war and the Iran-Contra affair
The Jeb Bush Adviser Who Should Scare You
http://www.motherjones.com/politics/2015/05/jeb-bush-adviser-paul-wolfowitz
a "Team B" member
https://en.wikipedia.org/wiki/Paul_Wolfowitz
He is a leading neoconservative.[4] As Deputy Secretary of Defense, he
was "a major architect of President Bush's Iraq policy and ... its most
hawkish advocate."[5] In fact, "the Bush Doctrine was largely [his]
handiwork."
... snip ...
military-industrial(-congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
Then leaves to be head of World Bank, major player in economic hitman.
http://www.spiegel.de/international/world-bank-scandal-paul-wolfowitz-s-fatal-weakness-a-482945.html
Another player in economic hitman has hdqtrs across the street from
World Bank
http://www.zerohedge.com/news/2016-04-02/wikileaks-reveals-imf-plan-cause-credit-event-greece-and-destabilize-europe
http://www.americanthinker.com/blog/2016/04/wikileaks_imf_deliberately_causing_debt_crisis_in_greece.html
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From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Microprocessor Optimization Primer Newsgroups: bit.listserv.ibm-main Date: 4 Apr 2016 03:47:21 -0700note that test&set was on both 360/67 and 360/65 machines and was atomic.
I've commented before about charlie invented compare&swap (chosen
because CAS are his initials) while doing fine-grain multiprocessor
locking working on CP67 (360/67 precursor to vm370) at the science
center.
https://www.garlic.com/~lynn/subtopic.html#545tech
and
https://www.garlic.com/~lynn/subtopic.html#smp
then we attempted to get it added to 370 architecture. initially was rebuffed because the POK favorite son operating system people said that test&set was more than adequate for multiprocessor support (serializing critical code sections). The 370 architecture owners said that to get it justified would require additional uses, not just multiprocessor serialization. Thus was invented the multiprogramming/multithreading examples (used whether or not running on multiprocessor machine) that still are shown in the principles of operation.
The problem in a multithreaded application is it is enabled for interrupts and can loose control in a locked/critical section. Compare&Swap is used for doing an atomic operation directly not needing to lock a critical section.
This was especially leveraged by large multiprogramming/multithreading DBMS avoiding needing to make kernel calls for lots of serialization ... and by the 80s lots of other platforms (especially those supporting high-throughput DBMS) were including compare&swap (or instructions with similar semantics).
I first saw transactional memory on 801/risc in the late 70s. They demonstrated that they could do transactional type operations on applications that weren't originally coded for transactions.
801/risc ROMP (research/office products) that started out going to be a displaywriter follow-on. When the displaywriter follow-on was canceled, they looked around and decided to retarget it to the workstation market. They hired the company that had done the UNIX port to IBM/PC for PC/IX to do one for romp. This was eventually released as PC/RT and AIX.
The follow-on to ROMP was RIOS (rs/6000) and they used the transactional memory to implement JFS ... journalling the UNIX filesystem metadata changes ... with a claim that it was more efficient that directly implementing journalling calls in the filesystem.
However, Palo Alto then did a portable JFS that used explicit
journaling calls ... and demonstrated on RS/6000 that it was
much faster than the transaction memory implemention.
https://www.garlic.com/~lynn/subtopic.html#801
Note that s/370 had very strong (multiprocessor) memory consistency and cost huge amount in performance. Two processor multiprocessor machines slowed each processor clock cycle by 10% to accommodate cross-cache protocol chatter ... and this overhead went up non-linearly. Later IBM mainframe was running cache machine cycle at much higher rate than the processor machine cycle.
In the late 80s, I was asked to participate in the standardization
(started by LLNL) of what quickly became fibre-channel standard (on
which they eventually built the heavy-weight FICON protocol that
drastically reduces the native throughput)
https://www.garlic.com/~lynn/submisc.html#ficon
I was also asked to participate in the standardization of scalable coherant interface (started by people at SLAC ... a large VM370 mainframe installation at the time and host of the monthly IBM BAYBUNCH user group meetings). SCI was defined for both I/O operations as well as multiprocessor shared memory operation. The standard SCI memory consistency defined 64-port memory bus ... that relaxed memory consistency (compared to IBM mainframe) and allowed for lot larger mainframe configurations. Sequent, Data General, Silicon Graphics, and at least Convex built multiprocessor products (using SCI).
Sequent & Data General took standard i486 four processor board that shared cache and built interface to SCI ... being able to get 64 4-processor boards in configurations (256-way processor shared memory configuration). Convex took standard HP/SNAKE (risc) two processor board that shared cache and built interface to SCI ... being able to get 64 2-processor boards in configuration. As an aside, much later IBM buys Sequent and shuts it down.
Note both FCS and SCI started out with fiber that supported concurrent transfers in both direction.
SCI
https://en.wikipedia.org/wiki/Scalable_Coherent_Interface
is part of what evolves into infiniband
https://en.wikipedia.org/wiki/InfiniBand
other trivia ... in the mid-70s I was involved in project that defined a 16-way shared memory multiprocessor. Lots of people thought it was really fantastic ... and we got some of the 3033 processor engineers to work on it in their spare time (lot more interesting than mapping 168 logic to 20% faster chips). Then somebody tells the head of POK that it could be decades before the POK favorite son operating system could effectively support 16-way (it was 2000 before 16-way shipped) and we got invited to never visit POK again (and the 3033 processor engineers were instructed to stop being distracted).
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 04 Apr 2016 09:22:08 -0700scott@slp53.sl.home (Scott Lurndal) writes:
Postal Question Success in Gulf War
http://tech.mit.edu/V112/N26/postol.26n.html
Theodore Postol - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Theodore_Postol
The Patriot Missile. Performance in the Gulf War Reviewed
http://www.gulflink.osd.mil/scud_info/scud_info_refs/n41en141/Patriot.html
Going Postol
http://archive.boston.com/news/globe/magazine/articles/2005/10/23/going_postol/?page=full
some past posts:
https://www.garlic.com/~lynn/2011k.html#41 Rafael Team with Raytheon to Offer Iron Dome in the U.S
https://www.garlic.com/~lynn/2012i.html#34 Israel Has A Long List Of Problems But Its New Missile Defense Isn't One Of Them
https://www.garlic.com/~lynn/2012i.html#49 Early use of the word "computer"
https://www.garlic.com/~lynn/2012n.html#10 Jedi Knights
https://www.garlic.com/~lynn/2014i.html#3 Amid barrage of rockets, Iron Dome makes 2nd interception over greater Tel Aviv
https://www.garlic.com/~lynn/2015f.html#21 Credit card fraud solution coming to America...finally
https://www.garlic.com/~lynn/2015f.html#34 The joy of simplicity?
https://www.garlic.com/~lynn/2015f.html#43 No, the F-35 Can't Fight at Long Range, Either
https://www.garlic.com/~lynn/2016b.html#91 Computers anyone?
military-industrial(-congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Fridays Date: 04 Apr 2016 Blog: Facebookfrom long ago and far away
More Friday's trivia ... We had started the IBMSJ Friday's well before
Jim left for Tandem (and Jim would periodically attend our
Fridays). Much longer trip report that I distributed is accused for
starting "Tandem Memos". Folklore is that when the corporate executive
committee was told about online computer conferencing (and the
internal network), 5of6 wanted to fire me.
Date: 04/21/81 09:46:41
From: wheeler
good friend of ours (Jim Gray) left san jose research to join Tandem
(you may have seen a copy of his resignation letter over the network
-- he has since gotten a letter back from Cary in reply). A number of
other high quality people from IBM have also. We visited Tandem on
Friday afternoon. There is a little story about Fridays at Tandem.
When the company 1st started up, the president of the company would go
down to the store on friday afternoon and bring back a case of beer
for the employees. As the company grew he had to get several cases,
then a keg, then several kegs. Currently they have a beer truck
deliver on Friday afternoon (everything is free). They currently hold
it in the company cafeteria. There are 8-10 kegs of beer, maybe 15-30
gallons of wine, and lots of munchies. Starts at 4 pm and goes on for
several hours.
Jim gave us a piece of every document that they put out. Of course one
of the intentions he had in having us come around was an attempt to
recruit.
... snip ... top of post, old email index
from IBMJARGON (post two yrs ago)
https://www.facebook.com/lynn.wheeler/posts/10202856636432581
Tandem Memos - n. Something constructive but hard to control; a fresh
of breath air (sic). That's another Tandem Memos. A phrase to worry
middle management. It refers to the computer-based conference (widely
distributed in 1981) in which many technical personnel expressed
dissatisfaction with the tools available to them at that time, and
also constructively criticized the way products were [are]
developed. The memos are required reading for anyone with a serious
interest in quality products. If you have not seen the memos, try
reading the November 1981 Datamation summary.
... snip ...
other "Tandem Memos" posts:
https://www.garlic.com/~lynn/2001g.html#5 New IBM history book out
https://www.garlic.com/~lynn/2001g.html#6 New IBM history book out
https://www.garlic.com/~lynn/2001g.html#7 New IBM history book out
https://www.garlic.com/~lynn/2001j.html#31 Title Inflation
https://www.garlic.com/~lynn/2007d.html#17 Jim Gray Is Missing
https://www.garlic.com/~lynn/2010k.html#45 Taglines
https://www.garlic.com/~lynn/2011b.html#25 Melinda Varian's history page move
https://www.garlic.com/~lynn/2011c.html#31 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011c.html#33 If IBM Hadn't Bet the Company
https://www.garlic.com/~lynn/2011d.html#5 Is email dead? What do you think?
https://www.garlic.com/~lynn/2011f.html#21 WHAT WAS THE PROJECT YOU WERE INVOLVED/PARTICIPATED AT IBM THAT YOU WILL ALWAYS REMEMBER?
https://www.garlic.com/~lynn/2011f.html#36 Early mainframe tcp/ip support (from ibm-main mailing list)
https://www.garlic.com/~lynn/2011f.html#78 Wylbur, Orvyl, Milton, CRBE/CRJE were all used (and sometimes liked) in the past
https://www.garlic.com/~lynn/2011g.html#21 program coding pads
https://www.garlic.com/~lynn/2011g.html#43 My first mainframe experience
https://www.garlic.com/~lynn/2011j.html#42 assembler help!
https://www.garlic.com/~lynn/2011l.html#25 computer bootlaces
https://www.garlic.com/~lynn/2011p.html#81 Has anyone successfully migrated off mainframes?
https://www.garlic.com/~lynn/2012b.html#31 PC industry is heading for more change
https://www.garlic.com/~lynn/2012b.html#88 Original Thinking Is Hard, Where Good Ideas Come From
https://www.garlic.com/~lynn/2012b.html#90 IBM Doing Some Restructuring?
https://www.garlic.com/~lynn/2012b.html#93 Original Thinking Is Hard, Where Good Ideas Come From
https://www.garlic.com/~lynn/2012c.html#17 5 Byte Device Addresses?
https://www.garlic.com/~lynn/2012d.html#16 IBM cuts more than 1,000 U.S. Workers
https://www.garlic.com/~lynn/2012e.html#6 Origins of "User-friendly"
https://www.garlic.com/~lynn/2012e.html#67 Typeface (font) and city identity
https://www.garlic.com/~lynn/2012g.html#21 Closure in Disappearance of Computer Scientist
https://www.garlic.com/~lynn/2012j.html#55 Transition to Retirement
https://www.garlic.com/~lynn/2012k.html#65 How do you feel about the fact that India has more employees than US?
https://www.garlic.com/~lynn/2012l.html#1 Time to choose the Knights of 2012
https://www.garlic.com/~lynn/2012m.html#0 PDP-10 system calls, was 1132 printer history
https://www.garlic.com/~lynn/2012p.html#6 Real Hackers use Big Iron (Humor)
https://www.garlic.com/~lynn/2012p.html#7 Why former IBMers who left maybe years ago for any reason are still active on the Greater IBM Connection?
https://www.garlic.com/~lynn/2012p.html#46 How do we fight bureaucracy and bureaucrats in IBM?
https://www.garlic.com/~lynn/2012p.html#64 IBM Is Changing The Terms Of Its Retirement Plan, Which Is Frustrating Some Employees
https://www.garlic.com/~lynn/2013.html#43 AT&T Holmdel Computer Center films, 1973 Unix
https://www.garlic.com/~lynn/2013e.html#58 As an IBM'er just like the Marines only a few good men and women make the cut,
https://www.garlic.com/~lynn/2013e.html#81 How Criticizing in Private Undermines Your Team - Harvard Business Review
https://www.garlic.com/~lynn/2013f.html#58 The cloud is killing traditional hardware and software
https://www.garlic.com/~lynn/2013h.html#19 It was 30 Years Ago Today
https://www.garlic.com/~lynn/2013i.html#49 Internet Mainframe Forums Considered Harmful
https://www.garlic.com/~lynn/2013n.html#11 50th anniversary S/360 coming up
https://www.garlic.com/~lynn/2013n.html#52 Bridgestone Sues IBM For $600 Million Over Allegedly 'Defective' System That Plunged The Company Into 'Chaos'
https://www.garlic.com/~lynn/2014e.html#21 23Jun1969 Unbundling Announcement
https://www.garlic.com/~lynn/2014e.html#24 Tandem Memos
https://www.garlic.com/~lynn/2014h.html#47 Are you tired of the negative comments about IBM in this community?
https://www.garlic.com/~lynn/2014h.html#81 The Tragedy of Rapid Evolution?
https://www.garlic.com/~lynn/2014i.html#7 You can make your workplace 'happy'
https://www.garlic.com/~lynn/2014m.html#68 Decimation of the valuation of IBM
https://www.garlic.com/~lynn/2014m.html#140 IBM Continues To Crumble
https://www.garlic.com/~lynn/2014m.html#170 IBM Continues To Crumble
https://www.garlic.com/~lynn/2015.html#80 Here's how a retired submarine captain would save IBM
https://www.garlic.com/~lynn/2015b.html#48 IBM's One Hundred Year History Is About Cash, Culture and Mutualism
https://www.garlic.com/~lynn/2015d.html#9 PROFS
https://www.garlic.com/~lynn/2015e.html#20 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#60 [Poll] Computing favorities
https://www.garlic.com/~lynn/2015g.html#80 Term "Open Systems" (as Sometimes Currently Used) is Dead -- Who's with Me?
https://www.garlic.com/~lynn/2015g.html#98 PROFS & GML
https://www.garlic.com/~lynn/2015h.html#67 IMPI (System/38 / AS/400 historical)
https://www.garlic.com/~lynn/2015h.html#113 Is there a source for detailed, instruction-level performance info?
https://www.garlic.com/~lynn/2016.html#49 Strategy
https://www.garlic.com/~lynn/2016c.html#4 You count as an old-timer if (was Re: Origin of the phrase "XYZZY")
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 04 Apr 2016 19:04:38 -0700hancock4 writes:
it is not clear that Kennedy and Johnson actually broke the law and commuted treason as Nixon did.
Kennedy and Johnsond had McNamara as SECDEF. In WW2, McNamara was LeMay's staff that planned fire bombing half dozen German cities and then planning fire bombing of 67 Japanese cities.
In the 2003 documentary The Fog of War, McNamara recalled the firebombing of Tokyo on March 9, 1945: "In that single night, we burned to death a hundred thousand Japanese civilians in Tokyo--men, women, and children." After the war, General LeMay said to McNamara: "If we'd lost the war we'd all have been prosecuted as war criminals."
military-industrial(-congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
passed posts mentioning LeMay:
https://www.garlic.com/~lynn/2011o.html#67 Downwind from Alamogordo
https://www.garlic.com/~lynn/2015c.html#13 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#28 Kill Chain: The Rise of High Tech Assassins
https://www.garlic.com/~lynn/2015c.html#70 God No, the U.S. Air Force Doesn't Need Another Curtis LeMay
https://www.garlic.com/~lynn/2015c.html#76 Your earliest dream?
https://www.garlic.com/~lynn/2015d.html#13 Fully Restored WWII Fighter Plane Up for Auction
https://www.garlic.com/~lynn/2015f.html#52 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#81 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015h.html#33 The wars in Vietnam, Iraq, and Afghanistan were lost before they began, not on the battlefields
https://www.garlic.com/~lynn/2016.html#60 For those who like to regress to their youth? :-)
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 05 Apr 2016 09:05:38 -0700Quadibloc <jsavard@ecn.ab.ca> writes:
Morgenthau (sec. of treasury, white's boss) had major objective to reign in wallstreet's rapacious behavior ... wallstreet counters with offer of large loan to Britain if they would pull out
portrays White as heavily under the influence of the Soviets, who secretly provided him with a draft of demands for him to get US to issue to Japan (which he did) ... that would prompt Japan into attacking the US (which they did) ... Soviets were battling Germany in the west and were worried that Japan would attack in the east ... needed to divert Japan into pacific conflict with the US.
pg55/loc1053-55:
He authorized Hull to present the Japanese with what became known as the
Ten-Point Note. Hull summoned Nomura and Kurusu on November 26 to
deliver the austere ultimatum, incorporating White's demands ...
... snip ...
Hull Note
https://en.wikipedia.org/wiki/Hull_note
According to Benn Steil, director of international economics at the
Council on Foreign Relations, while "no single individual can be said
to have triggered" the Pearl Harbor attack, Harry Dexter White "was
the author of the key ultimatum demands". Steil also maintains "the
Japanese government made the decision to move forward with the Pearl
Harbor strike after receiving the ultimatum".
... snip ...
George F. Kennan ... has observation that US & Britain wouldn't have
been able to defeat Germany w/o Soviets (US and rest of the allies were
only dealing with 1/4th of German's military)
https://www.amazon.com/George-F-Kennan-American-Life/dp/B0054TVO1G/
also reference to Soviets had relocated much of its industry east,
out of German reach ... pg199/loc3981-86
After several days Kennan continued by train to Stalinsk-Kuznetsk, a
city that fifteen years earlier had been a swamp. It now contained
thousands of workers and their families, as well as one of the largest
steel mills in the Soviet Union. Obviously it had required "a great
feat of willpower and organization to build and put into operation at
all an establishment of this size in a place so remote from the other
industrial centers." Perhaps the sacrifices had been worth it if the
plant had helped to win the war, but it had clearly cost far more to
build and to operate than a comparable facility in the United States.
... snip ...
past posts mentioning Bretton Woods (&/or Hull Note):
https://www.garlic.com/~lynn/2015c.html#45 The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order
https://www.garlic.com/~lynn/2015c.html#51 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#54 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#55 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#70 God No, the U.S. Air Force Doesn't Need Another Curtis LeMay
https://www.garlic.com/~lynn/2015d.html#13 Fully Restored WWII Fighter Plane Up for Auction
https://www.garlic.com/~lynn/2015d.html#53 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2016.html#31 I Feel Old
https://www.garlic.com/~lynn/2016.html#39 Shout out to Grace Hopper (State of the Union)
https://www.garlic.com/~lynn/2016c.html#64 Isolationism and War Profiteering
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 05 Apr 2016 13:24:39 -0700"Thomas Johns" <TJzz@gmail.com> writes:
John Foster Dulles (along with Prescott Bush, other wallstreet &
industrialists) was instrumental in rebuilding Germany's economy and
military in the 20s & 30s.
https://www.amazon.com/Brothers-Foster-Dulles-Allen-Secret-ebook/dp/B00BY5QX1K/
loc865-68:
In mid-1931 a consortium of American banks, eager to safeguard their
investments in Germany, persuaded the German government to accept a
loan of nearly $500 million to prevent default. Foster was their
agent. His ties to the German government tightened after Hitler took
power at the beginning of 1933 and appointed Foster's old friend
Hjalmar Schacht as minister of economics.
loc873-79:
Sullivan & Cromwell floated the first American bonds issued by the giant
German steelmaker and arms manufacturer Krupp A.G., extended
I.G. Farben's global reach, and fought successfully to block Canada's
effort to restrict the export of steel to German arms makers.
loc905-7:
Foster was stunned by his brother's suggestion that Sullivan & Cromwell
quit Germany. Many of his clients with interests there, including not
just banks but corporations like Standard Oil and General Electric,
wished Sullivan & Cromwell to remain active regardless of political
conditions.
loc938-40:
At least one other senior partner at Sullivan & Cromwell, Eustace
Seligman, was equally disturbed. In October 1939, six weeks after the
Nazi invasion of Poland, he took the extraordinary step of sending
Foster a formal memorandum disavowing what his old friend was saying
about Nazism
... snip ...
from law of unintended consequences, US 1943 Strategic Bombing Program needed industrial and military locations in Germany, they got detailed locations and plans from wallstreet.
June1940, Germany had a victory celebration at the Waldorf-Astoria with
major industrialists. Lots of them were there to hear how to do business
with the Nazis, Intrepid
https://www.amazon.com/Man-Called-Intrepid-Incredible-Narrative-ebook/dp/B00V9QVE5O/
loc1925-29:
One prominent figure at the German victory celebration was Torkild
Rieber, of Texaco, whose tankers eluded the British blockade. The
company had already been warned, at Roosevelt's instigation, about
violations of the Neutrality Law. But Rieber had set up an elaborate
scheme for shipping oil and petroleum products through neutral ports in
South America. With the Germans now preparing to turn the English
Channel into what Churchill thought would become 'river of blood,' other
industrialists were eager to learn from Texaco how to do more business
with Hitler.
... snip ...
military-industrial(-congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
past posts mentioning John Foster Dulles, Prescott Bush, German victory
celebration at the Waldorf-Astoria, etc
https://www.garlic.com/~lynn/2014c.html#35 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#36 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014f.html#6 Before the Internet: The golden age of online services
https://www.garlic.com/~lynn/2015.html#26 channel islands, definitely not the location of LEO
https://www.garlic.com/~lynn/2015.html#62 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015b.html#13 Keydriven bit permutations
https://www.garlic.com/~lynn/2015b.html#52 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015b.html#68 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#69 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#71 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#78 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#86 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#35 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#45 The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order
https://www.garlic.com/~lynn/2015c.html#51 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#70 God No, the U.S. Air Force Doesn't Need Another Curtis LeMay
https://www.garlic.com/~lynn/2015d.html#13 Fully Restored WWII Fighter Plane Up for Auction
https://www.garlic.com/~lynn/2015d.html#37 End of vacuum tubes in computers?
https://www.garlic.com/~lynn/2015d.html#53 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015f.html#29 Eric Holder Returns as Hero to Law Firm That Lobbies for Big Banks
https://www.garlic.com/~lynn/2015f.html#36 Eric Holder, Wall Street Double Agent, Comes in From the Cold
https://www.garlic.com/~lynn/2015f.html#77 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#7 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#10 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#30 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#32 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#55 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015h.html#0 How Corporate America Invented Christian America; Inside one reverend's big business-backed 1940s crusade to make the country conservative again
https://www.garlic.com/~lynn/2015h.html#26 Putin's Great Crime: He Defends His Allies and Attacks His Enemies
https://www.garlic.com/~lynn/2015h.html#28 rationality
https://www.garlic.com/~lynn/2015h.html#119 For those who like to regress to their youth? :-)
https://www.garlic.com/~lynn/2016.html#31 I Feel Old
https://www.garlic.com/~lynn/2016.html#38 Shout out to Grace Hopper (State of the Union)
https://www.garlic.com/~lynn/2016.html#86 Thanks Obama
https://www.garlic.com/~lynn/2016b.html#39 Failure as a Way of Life; The logic of lost wars and military-industrial boondoggles
https://www.garlic.com/~lynn/2016b.html#49 Corporate malfeasance
https://www.garlic.com/~lynn/2016c.html#64 Isolationism and War Profiteering
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 05 Apr 2016 13:43:29 -0700hancock4 writes:
Nixon was guilty of treason as a private person (before the election) negotiating with North Vietnam ... he didn't want the then, current administration getting credit for ending the war. He then broke other laws that eventually led to his resignation.
It is not clear that lying to American public is either treason or a criminal offense ... especially by the president ... it happened in the iran/iraq war, the iran-Contra affair, and both Iraq1 and Iraq2. President may have immunity for lying to congress??
Of course presidents lie
http://www.cnn.com/2013/11/24/politics/presidents-lie/
Presidential Lies and Consequences
http://www.motherjones.com/politics/1998/10/presidential-lies-and-consequences
this implies some ambiquity in the dealings between the
president/executive branch and congress/legislative branch
https://en.wikipedia.org/wiki/Contempt_of_Congress
Under that ruling, Courts generally do not hear motions to quash
Congressional subpoenas; even when executive branch officials refuse to
comply, the Courts tend to rule that such matters are "political
questions" unsuitable for judicial remedy.
... snip ...
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 05 Apr 2016 14:25:53 -0700"Thomas Johns" <TJzz@gmail.com> writes:
The Dulles Brothers: John Foster Dulles, Allen Dulles
https://www.amazon.com/Brothers-Foster-Dulles-Allen-Secret-ebook/dp/B00BY5QX1K/
loc2611-13:
In 1953, overthrowing Mossadegh had been the Dulles brothers'
obsession. The next year it was Arbenz. Now they focused on Ho Chi Minh,
the Communist leader of Vietnam's anticolonial movement. They singled
him out not simply because of who he was, but where he was. Europe had
settled into its Cold War pattern, and although Foster and Allen still
considered it the center of the world, they believed the front line had
moved to East Asia. They mistakenly saw China as a pawn of the Soviet
Union, and Ho, also mistakenly, as a puppet of both. Crushing him, they
decided, would be the most potent next blow they could strike against
"international Communism."
... snip ...
Beetle: The Life of General Walter Bedell Smith
https://www.amazon.com/Beetle-General-Walter-American-Warriors-ebook/dp/B0078XFMVY
pg47/loc1053-56:
In the period before the election, John Foster Dulles had engaged in
some calculated maneuvers designed to remove any possibility of Smith's
remaining at the CIA, intending to replace Smith with his brother
Allen. Dulles talked about aggressively "rolling back" communism and
envisioned a more proactive role for the CIA; during his tenure, Smith
actively blunted many covert operation initiatives.
... snip ...
Note: Mossadegh was the elected leader of Iran, they then put the Shah
in ... with his dreaded secret police (SAVAK) trained by Schwarzkopf
senior. past posts
https://www.garlic.com/~lynn/2013d.html#93 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#95 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2014c.html#41 UK government plans switch from Microsoft Office to open source
https://www.garlic.com/~lynn/2014g.html#70 Revamped PDP-11 in Brooklyn
https://www.garlic.com/~lynn/2015b.html#70 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#78 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015e.html#67 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#11 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2016.html#39 Shout out to Grace Hopper (State of the Union)
https://www.garlic.com/~lynn/2016.html#72 Thanks Obama
Disclaimer: My wife's father was military adviser to Generalissimo and the family had lived in Nanking (before being evacuated in army cargo plane to Tsingtao when the city was ringed).
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 05 Apr 2016 20:24:36 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
If you haven't heard anything yet about the "Panama Papers" ... "Dirty
little secrets" ... setting up Panama as one of the worlds money
laundering capitals ... firm (in the person of John Foster Dulles) also
instrumental in rebuilding German's economy and military in the 20s &
30s.
http://interactive.fusion.net/dirty-little-secrets/
Of course, the U.S. had a big hand in shaping Panama's destiny,
stretching back to days when the canal was still a pipe dream, and even
laid the groundwork for its financial system today. A circle of American
financiers, chief among them J.P. Morgan, made $40 million off the canal
deal, following a stealthy lobbying effort to get lawmakers to choose
Panama over Nicaragua, according to author Ovidio Diaz-Espino's critical
history "How Wall Street Created a Nation." At the time, the canal
arrangement was the most expensive land deal of all time. Afterwards,
Morgan and William Nelson Cromwell, the chief lobbyist for the
financiers, managed Panama's finances up until the 1930s. Cromwell, who
co-founded the prominent law firm Sullivan & Cromwell, also became
Panama's de facto attorney General.
... snip ...
some foriegn sources have noted with interest that the US related operations have led with non-US names & institutions ... even though US names would be a lot more interesting to those in the US.
tax evasion
https://www.garlic.com/~lynn/submisc.html#tax.evasion
money launder posts
https://www.garlic.com/~lynn/submisc.html#money.laundering
a few of the items last couple days
Law Firm's Files Include Dozens of Companies and People Blacklisted by U.S. Authorities * ICIJ
https://panamapapers.icij.org/20160404-sanctioned-blacklisted-offshore-clients.html
The Panama Papers * ICIJ
https://panamapapers.icij.org/
Offshore Leaks, Tax Haven Secrecy Revealed
https://www.icij.org/offshore
ICIJ/OCCRP Panama Papers project yields unprecedented access to high
level offshore corruption
https://www.occrp.org/en/40-press-releases/presss-releases/5112-icij-occrp-panama-papers-project-yields-unprecedented-access-to-high-level-offshore-corruption
The Panama Papers
https://www.occrp.org/en/panamapapers/
Mossack Fonseca Has 441 U.S. Clients: Who Are They?
http://www.zerohedge.com/news/2016-04-04/mossack-fonseca-has-441-us-clients-who-are-they
Here's the Price Countries Pay for Tax Evasion Exposed in Panama Papers
https://theintercept.com/2016/04/05/heres-the-price-countries-pay-for-tax-evasion-exposed-in-panama-papers/
On the I.M.F.'s Nefarious Activities - Greece, Indonesia, and Who Knows What Else
http://www.zerohedge.com/news/2016-04-04/imf%E2%80%99s-nefarious-activities-%E2%80%93-greece-indonesia-and-who-knows-what-else
Panama Papers Leak: Interactive Map Shows Where All the Money Is Hiding
http://mic.com/articles/139721/panama-papers-leak-interactive-map-shows-where-all-the-money-is-hiding?utm_source=policymicFB&utm_medium=future&utm_campaign=social
The Panama Papers: how the world's rich and famous hide their money offshore
http://www.theguardian.com/news/2016/apr/03/the-panama-papers-how-the-worlds-rich-and-famous-hide-their-money-offshore?CMP=share_btn_tw
Data leaks of the rich and famous: Panama Papers show no one's secrets safe
http://www.cnet.com/news/data-leaks-of-the-rich-and-famous-panama-papers-show-no-ones-secrets-safe/
Why the Panama Papers Could Catapult Bernie Sanders to the White House
http://usuncut.com/politics/panama-papers-bernie-sanders-white-house/
'Panama papers' came from e-mail server hack at Mossack Fonseca
http://www.theregister.co.uk/2016/04/05/email_server_hack_led_to_mossack_fonseca_leak/
Here Are Some Of The Americans In The "Panama Papers"
http://www.zerohedge.com/news/2016-04-05/here-are-some-americans-panama-papers
"The Cat Is Out Of The Bag" - In Interview Mossack Fonseca Founders
Admit It's Over... To Rothschild's Delight
http://www.zerohedge.com/news/2016-04-05/cat-out-bag-interview-mossack-fonseca-founders-admit-its-over-rothschilds-delight
Panama Papers: Obama, Clinton Pushed Trade Deal Amid Warnings It Would Make Money Laundering, Tax Evasion Worse
http://www.ibtimes.com/panama-papers-obama-clinton-pushed-trade-deal-amid-warnings-it-would-make-money-2348076
5 ways the Panama Papers swept up EU figures
http://www.politico.eu/article/5-ways-panama-papers-swept-eu-figures-miguel-arias-canete-david-cameron/
Here's Why You Should Give a Shit About the Panama Papers
http://www.vice.com/read/why-you-should-care-about-panama-papers-mossack-fonseca
After Panama papers leak: U.S., Britain are eager for names
http://www.mcclatchydc.com/news/nation-world/national/article69918377.html
McAfee: Panama Papers show need for better cybersecurity
http://www.businessinsider.com/john-mcafee-panama-papers-evidence-we-need-better-cybersecurity-2016-4
Panama Papers note friend of Enrique Pena Nieto
http://www.businessinsider.com/panama-papers-juan-hinojosa-enrique-pena-nieto-mexico-2016-4
Panama Papers Leak Exposes Tax Evasion -- And Poor Data Security, Data
Integrity Practices
http://www.darkreading.com/attacks-breaches/panama-papers-leak-exposes-tax-evasion----and-poor-data-security-data-integrity-practices/d/d-id/1324966
Massive leak exposes how the wealthy and powerful hide their money
http://www.mcclatchydc.com/news/nation-world/national/article69729112.html
Panama Papers Could Shake Capitalism
http://time.com/4280864/panama-papers-capitalism/
What are the Panama Papers?
http://www.businessinsider.com/what-are-the-panama-papers-2016-4
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Wed, 06 Apr 2016 07:46:29 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
How Wall Street Created a Nation
https://www.amazon.com/How-Wall-Street-Created-Nation-ebook/dp/B08D741M2K/
How Wall Street Created a Nation
https://www.globalpolicy.org/component/content/article/221/46782.html
And the U.S. was already on its way to building the canal in Nicaragua.
The House of Representatives unanimously passed a Nicaragua canal bill,
a treaty was signed with Nicaragua, President McKinley had already
signed the bill, and the excavation had already began in Nicaragua. It
was a done deal -- until Cromwell arrived on Capitol Hill and began
throwing money around.
... snip ...
and possibly Chiana is now going to build it?
http://www.smithsonianmag.com/science-nature/new-canal-through-central-america-could-have-devastating-consequences-180953394/?no-ist
and the original also overlaps with "war is a racket" and banana republics
https://en.wikipedia.org/wiki/War_Is_a_Racket
Based on his career military experience, Butler frankly discusses how
business interests commercially benefit (including war profiteering)
from warfare.
... snip ...
and then:
BBC: Bush's Grandfather Planned Fascist Coup In America
http://www.prisonplanet.com/articles/july2007/240707fascistcoup.htm
General Smedley Butler, author of the famous quote "war is a racket",
exposed the fascist plotters but was subsequently demonized and shunned
by the government and the media.
... snip ...
Business Plot
https://en.wikipedia.org/wiki/Business_Plot
and "perpetual war"
http://archive.org/details/triumphantpluto00pettrich
loc6265-74:
XXX. THE LEAGUE TO PERPETUATE WAR The war has just begun. I said that
when the Armistice terms were published and when I read the Treaty and
the League Covenant I felt more than ever convinced of the justice of
my conclusion. The Treaty of Versailles is merely an armistice -- a
suspension of hostilities, while the combatants get their wind. There
is a war in every chapter of the Treaty and in every section of the
League Covenant; war all over the world; war without end so long as
the conditions endure which produce these documents.
... snip ...
perpetual war posts
https://www.garlic.com/~lynn/submisc.html#perpetual.war
military-industrial(-congressional) complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 07 Apr 2016 09:11:37 -0700mausg writes:
pg47/loc1053-56:
In the period before the election, John Foster Dulles had engaged in
some calculated maneuvers designed to remove any possibility of Smith's
remaining at the CIA, intending to replace Smith with his brother
Allen. Dulles talked about aggressively "rolling back" communism and
envisioned a more proactive role for the CIA; during his tenure, Smith
actively blunted many covert operation initiatives.
... snip ...
which included things like disposing elected leader of Iran, replacing with Shah and his dreaded SAVAK (trained by Schwarzkopf senior). Then there was something similar in Guatemala (US has had its share of banana republics and excessive repressive regimes).
pg33/loc786-88:
Two days after his fifty-fifth birthday, on 7 October 1950, Smith
inherited an organization in tatters. The agency's multiple failures,
climaxing with the North Korean invasion, gave Smith the mandate to
reform the intelligence agency.
... snip ..
Bedell had been Chief of Staff for Marshall, who really agonized over letting Eisenhower have him to run Eisenhower's operations in WW2.
However, one of the things about CIA U2 was that Eisenhower used the
photo recon to debunk the air force "bomber gap" fabrication (was being
used to justify a massive DOD budget increase for building bombers)
... which then contributed to Eisenhower's goodby warning about the
military-industrial(-congressional) complex.
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
Later in the 70s, director of CIA wasn't agreeing with the "Team B"
analysis (again) justifying an enormous increase in DOD budget. Then
white house chief of staff Rumsfeld replaced the director with somebody
that would go along with "Team B" analysis (who had a father that
supported Germany, would later become VP and then President, and had a
son that would later become President). After replacing director of CIA,
Rumsfeld becomes SECDEF and his assistant Cheney becomes white house
chief of staff.
https://www.garlic.com/~lynn/submisc.html#team.b
In the 80s, those players were involved in supporting Iraq in the
Iran/Iraq war
https://en.wikipedia.org/wiki/Iran-Iraq_War
including supplying WMDs
https://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran-Iraq_war
however, the VP claims no knowledge of
https://en.wikipedia.org/wiki/Iran-Contra_affair
because he was fulltime administration point person deregulating
financial industry ... creating S&L crisis
https://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
https://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
and another
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260
who then "Lehman's Gift To Jeb Bush For Funneling Pension Money: A $1.3
Million Consulting 'Job'"
http://www.zerohedge.com/news/2015-08-19/lehmans-gift-jeb-bush-funneling-pension-money-13-million-consulting-job
another member of the family then presides over the economic mess, 70 times larger than the S&L crisis.
recent posts mentioning John Foster Dulles
https://www.garlic.com/~lynn/2016.html#31 I Feel Old
https://www.garlic.com/~lynn/2016.html#38 Shout out to Grace Hopper (State of the Union)
https://www.garlic.com/~lynn/2016.html#86 Thanks Obama
https://www.garlic.com/~lynn/2016b.html#39 Failure as a Way of Life; The logic of lost wars and military-industrial boondoggles
https://www.garlic.com/~lynn/2016b.html#49 Corporate malfeasance
https://www.garlic.com/~lynn/2016c.html#64 Isolationism and War Profiteering
https://www.garlic.com/~lynn/2016c.html#75 Qbasic
https://www.garlic.com/~lynn/2016c.html#77 Qbasic
https://www.garlic.com/~lynn/2016c.html#78 Qbasic
https://www.garlic.com/~lynn/2016c.html#79 Qbasic
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Thu, 07 Apr 2016 09:40:39 -0700Peter Flass <peter_flass@yahoo.com> writes:
Iran previously had revolution to dispose the US supported brutal and repressive Shah (in 1953, CIA run revolution had disposed the elected Iranian leader, replacing him with the Shah and his repressive SAVAK secret police trained by Schwarzkoph senior).
Sat. photo recon analyst warns that Iraq is marshaling forces for Kuwait
invasion; administration says that Saddam told them he would do no such
thing ... and proceeds to discredit the analyst. Analyst then warns that
Iraq is marshaling forces for Saudi invasion ... now the administration
is forced to choose between Iraq and Saudi.
https://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2/
Iraq-1 lasts 42 days, but ground campaign only the last 100hrs ... US using air superiority to pound Iraq targets. GAO air campaign effectiveness study says that significant portion of Iraq armor was destroyed by A10 30mm fire ... and that Iraqis started walking away from their tanks because they were sitting ducks. All the description of the tanks destroyed during the 100hrs of the land campaign fail to mention how many of the tanks had anybody home.
Part of the analysis of failure in Iraq-2 was that they had learned from Iraq-1 to avoid being targets for US air power ... and chose to fight a different kind of war. From the law of unintended consequences, the invasion bypasses military/ammo bunkers looking for the fabricated WMDs and when they get around to going back ... over a million metric tons had evaporated (things like large artillery shells start showing up in IEDs, even taking out Abram M1 tanks).
Military-Industrial(-congressional) Complex wanted Iraq-2 invasion so
badly that corporate representatives were telling former eastern block
countries that if they voted for the invasion in the UN, they would get
NATO membership and directed appropriation USAID (can only be used for
purchase of modern US made military weapons).
https://www.amazon.com/Prophets-War-Lockheed-Military-Industrial-ebook/dp/B0047T86BA/
MICC
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: Fwd: Tech News 1964 Newsgroups: bit.listserv.ibm-main Date: 7 Apr 2016 18:03:56 -0700Peter.Farley@BROADRIDGE.COM (Farley, Peter x23353) writes:
IBM did come back in the early 80s with the academic business unit
(ACIS) ... it was putting several hundred million into universities (but
lots of it would go into non-mainframe technologies). IBM also sponsored
the university BITNET (where this ibm-main mailing list
originated). some past posts
https://www.garlic.com/~lynn/subnetwork.html#bitnet
it used technology similar to IBM internal network ... some
past posts (larger than arpanet/internet from just about
the beginning until sometime mid-80s)
https://www.garlic.com/~lynn/subnetwork.html#internalnet
that originated at the IBM cambridge science center ... some
past posts
https://www.garlic.com/~lynn/subtopic.html#545tech
this was non-SNA (and not communication group technology) ... at about the same time in the late 80s when the communication group was forcing the internal network into moving to SNA ... BITNET moved to tcp/ip (which would have been much better for internal network also, rather than SNA).
I've told the story several times about senior disk engineer at late
80s, annual communication group world-wide internal conference. His talk
was supposedly on 3174 performance but he opened with the statement that
the communication group was going to be responsible for the demise of
the disk division. The issue was that the communication group had
strategic "ownership" of everything that cross the datacenter walls and
was fiercely fighting off client/server and distributed computing trying
to preserve their dumb terminal paradigm install base. The disk division
was seeing applications fleeing the datacenter to more distributed
computing friendly platforms with drop in disk sales. The disk division
had come up with a number of solutions to try and correct the situation,
but were constantly being vetoed by the communication group. some
past posts
https://www.garlic.com/~lynn/subnetwork.html#terminal
Somewhat as work-around to the communication group opposition, the disk division VP of software was investing in open system and distributed computing technology ... the POSIX support in MVS ... as well as startups that built mainframe based distributed computing hardware and software solutions.
trivia: the original mainframe tcp/ip product was implemented in
vs/pascal (which had none of the buffer length related exploits that
have been epidemic in C-language implementations) ... however for
various reasons it only got about 44kbytes/sec using full 3090
processor. I did the enhancements to support RFC1044 and in some tuning
tests at Cray Research between Cray and 4341, got sustained channel
speed throughput using only a modest amount of 4341 processor
... possibly 500 times improvement in bytes moved per instruction
executed. some past posts
https://www.garlic.com/~lynn/subnetwork.html#1044
--
virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: opinion? Fujitsu USA Newsgroups: bit.listserv.ibm-main Date: 8 Apr 2016 11:35:19 -0700elardus.engelbrecht@SITA.CO.ZA (Elardus Engelbrecht) writes:
Later my boss at IBM was head of the workstation IBU (PC/RT, RS/6000, etc) and had some head-to-head with some senior executives and left, eventually forming HAL ... early 64bit RISC (also backed by Fujitsu). There was joke that they was so much traffic back&forth between silicon valley and japan that it justified the non-stop San Jose/Narita flight (and some companies had permanently reserved 1st class seats).
Topic Drift Warning.
One of the issues was corporate mandate that RS/6000 had to use PS2 microchannel cards (and not do their own). As mentioned in recent "Tech News 1964" posting, the communication group was fiercely fighting off client/server and distributed computing ... and PS2 microchannel cards had minimal throughput and performance. we had snide comments that if RS/6000 was restricted to to only using PS2 cards, it wouldn't have any better throughput/performance than PS2.
For instance, the PS2 (32bit) microchannel 16mbit T/R card had lower
throughput than the PC/RT (16bit) atbus 4mbit T/R card (a PC/RT server
with 4mbit T/R card would have higher throughput than RS/6000 with
16mbit T/R card ... i.e. the workstation IBU had done their own 4mbit
T/R card but were prevented from doing their own 16mbit T/R card.
https://www.garlic.com/~lynn/subtopic.html#801
The communication group had design point for 16mbit T/R card of 300+ stations sharing common LAN doing terminal emulation. The major justification for having done T/R was many large mainframe customers were running into bldg. weight loading restrictions with the massive amount of 3270 coax cables. T/R LAN enormously reduced the wiring needed, the aggregate LAN bandwidth increased the number of stations per LAN ... but terminal emulation didn't require significant per card throughput.
In the late 80s, the communication group 16mbit T/R card was something like $899/card ... but there were $69 10mbit Ethernet cards running over CAT4 wiring, that had higher per card throughput than the 16mbit T/R card. The new Almaden Research bldg had extensive CAT4 wiring assuming 16mbit T/R, and found that not only the $69 ethernet cards had higher per card throughput ... but running 10mbit ethernet had higher aggregate LAN throughput and lower latency than 16mbit T/R.
The communication group publications comparing 16mbit T/R with ethernet apparently used original 3mbit ethernet that did have listen before transmit protocol. ACM SIGOPS publication had paper that did detailed study of typical Ethernet configurations and found effective aggregate throughput was around 9mbits/mbit ... but running low-level device driver code that constantly transmitted minimum sized ethernet packets on all stations ... the effective aggregate LAN throughput dropped off to 8mbit/sec.
The lower aggregate 16mbit T/R LAN throughput and higher latency was
attributed to the token passing processing latency.
https://www.garlic.com/~lynn/subnetwork.html#terminal
disclaimer: my wife is one of the inventors on one of the early IBM token-passing patents.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement Date: 09 Apr 2016 Blog: FacebookFacebook Too Big To Jail
Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2
Billion Settlement
http://www.zerohedge.com/news/2016-04-09/wells-fargo-admits-deceiving-us-government-pays-record-12-billion-settlement
too big to fail, too big to prosecute, too big to jail
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
Why the Banks Should Be Broken Up; Bernie or no Bernie, 'Times'
columnist Paul Krugman is wrong about the banks
http://www.rollingstone.com/politics/news/why-the-banks-should-be-broken-up-20160408?page=3
Paul Krugman Crosses the Line
http://www.nakedcapitalism.com/2016/04/paul-krugman-crosses-the-line.html
"Inside Job" references how leading economists were captured similar
to the capture of the regulatory agencies.
https://en.wikipedia.org/wiki/Inside_Job_(2010_film)
The Big Short: Inside the Doomsday Machine,
https://www.amazon.com/Big-Short-Inside-Doomsday-Machine-ebook/dp/B003LSTK8G/
doesn't mention #1 on time's list of those responsible
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877339,00.html
or #2 on time's list
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
does mention #3
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877331,00.html
pg229/loc3323-25:
Greenspan he viewed as almost beneath his contempt, which was saying
something. "I think Alan Greenspan will go down as the worst chairman
of the Federal Reserve in history," he'd say, when given the slightest
chance.
... snip ...
Glass-Steagall and/or Pecora hearings:
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
(triple-A rated) toxic CDOs
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
The "Big Short", pg113/loc1720-25:
Looking into it a bit, Jamie found that the model used by Wall Street
to price LEAPs, the Black-Scholes option pricing model, made some
strange assumptions. For instance, it assumed a normal, bell-shaped
distribution for future stock prices. If Capital One was trading at
$30 a share, the model assumed that, over the next two years, the
stock was more likely to get to $35 a share than to $40, and more
likely to get to $40 a share than to $45, and so on. This assumption
made sense only to those who knew nothing about the company. In this
case the model was totally missing the point: When Capital One stock
moved, as it surely would, it was more likely to move by a lot than by
a little.
... snip ...
They had already found that out in the case of "Long-Term Capital
Management" failure that threaten to take down the industry (there is
folklore that one weekend Greenspan called up ten institutions and each
were to bring $300M and meet him).
https://en.wikipedia.org/wiki/Long-Term_Capital_Management
Several articles that individuals wanted the transaction fees&commissions, models were tweaked until it permitted what they wanted to do ... they didn't care what happened afterwards.
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement Date: 09 Apr 2016 Blog: Facebookre:
Securitized mortgages had been used during the S&L crisis to obfuscate fraudulent mortgages (poster child was office bldgs in Dallas/Ft.Wroth that turned out to be empty lots). In the late 90s I was asked to try and help prevent the coming economic mess by improving the integrity of mortgage supporting documents. Then they start paying for triple-A ratings (when the sellers and the rating agencies knew they weren't worth triple-A, from Oct2008 congressional testimony into the role that the rating agencies played). Triple-A ratings trump supporting documents and they could start doing no-documentation, liar loans. They also no longer had to care about loan quality or borrowers qualifications and triple-A also met that they could start selling to institutions restricted to only dealing in safe investments (like large public & private pension funds, some accounts that it resulted in 30% loss in the funds and trillions shortfall in pension funds). The triple-A ratings are also largely responsible for the over $27T done in the economic mess (2001-2008).
They then learned that they could do securitized mortgages designed to fail, sell to their victims and then take out CDS gambling bets that they would fail (creating enormous demand for bad mortgages). AIG was the largest holder of these CDS gambling bets and was negotiating to pay-off at 50cents on the dollar when the SECTREAS steps in and says that they have to payoff at face value, forces them to sign a document that they can't sue those making the bets and to take TARP funds to payoff at face value. The largest recipient of TARP funds is AIG and the largest recipient of face value payoffs is the firm formerly headed by SECTREAS.
#2 on Times list of those responsible for the economic mess is senator behind GLBA that repeals Glass-Steagall, enabling too big to fail which leads to too big to prosecute and too big to jail. It allows risky investment banks to merge with gov. backed depository institutions, resulting in risky investment bank activity being offloaded on tax payers. This also enables relative impunity for money laundering for drug cartels and terrorists, LIBOR manipulation, commodity manipulation, tax evasion and other criminal activity. The modest size of the fines (compared to amounts involved) are jokingly being referred to just the cost of running a criminal business.
When the chair of CFTC proposes regulating CDS, the chair is quickly replaced with the wife of #2, while he gets legislation passed preventing CDS regulation. This is characterized as favor to ENRON which is playing with CDS, the wife then resigns as chair of CFTC and joins ENRON board and audit committee. From the law of unintended consequents, later securitized mortgages are being designed to fail and then they are making CDS gambling bets that they would fail.
Jan2009, I was asked to HTML'ize the Pecora Hearings (30s senate hearings into '29 crash, resulted in criminal convictions and Glass-Steagall, had been scanned the fall of 2008 at Boston Public Library) with lots of internal xrefs and URLs between what happened then and what happened this time (comments that the new congress might have appetite to do something). I work on it for awhile and then get a call that it won't be needed after all (references to enormous piles of wallstreet money totally burying capital hill).
From the law of unintended consequences, the biggest fines (several tens of billions) for the too big to fail are for the robo-signing mills fabricating documents needed for foreclosures on the no-documentation mortgages (note these fines went to new firms that were to distribute the money to the foreclosure victims, however there are lots of questions what actually has happened to most of the money).
The S&L crisis had 30,000 criminal referrals and 1,000 criminal convictions. The economic mess was 70 times larger, but has had no criminal referrals or convictions (proportionally should be 70,000 criminal convictions).
some collection of past posts
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
https://www.garlic.com/~lynn/submisc.html#money.laundering
https://www.garlic.com/~lynn/submisc.html#libor
https://www.garlic.com/~lynn/submisc.html#tax.evasion
https://www.garlic.com/~lynn/submisc.html#greenspan
https://www.garlic.com/~lynn/submisc.html#enron
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement Date: 10 Apr 2016 Blog: Facebookre:
Since then, in aggregate, they've been fined something like $300B total (not just for the mortgage fraud, but also for money laundering for drug cartels and terrorists, fraudulent foreclosures, LIBOR, manipulating commodities, tax evasion and other criminal activity. The joke is that it is being viewed as cost of running criminal enterprise. The total $300B in fines is just a little over 1% of the $27+T ... but that $27+T doesn't include the amounts of all the other criminal activity.
However, they've also been using the tens of trillions of ZIRP funds provided by the FED for buying treasuries, earning something like $300B/annum.
The total $300B in fines is just a little over 1% of the $27+T ... but that $27+T doesn't include the amounts of all the other criminal activity.
Demise of institutional memory. In the 80s, CITI was the largest player in mortgage market. Somebody did analysis that small changes in interest rate could take down the institution, they then sold off their mortgage portfolio, got out of the mortgage business and required private bailout (from Saudis) to stay in business. Role forward a little over a decade and CITI is one of the biggest players in securitized mortgages (the players weren't concerned about the risk to the institution, the economy, and/or the country). End of 2008, just the four largest too big to fail were still carrying $5.2T in toxic assets "off book" (with CITI having the most). Originally TARP was to buy these toxic assets, but with only $700B appropriated there wasn't enough to come close to averting disaster ... all the institutions would still have to be declared insolvent and have to be liquidated. Late summer 2008, some tens of billions had sold for 22cents on the dollar. "Mark-to-market" would have to book trillions of dollars in losses. TARP was used elsewhere, and the Federal Reserve started buying trillions in toxic assets for 98cents on the dollar and providing tens of trillions in ZIRP funds.
some collection of past posts
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
https://www.garlic.com/~lynn/submisc.html#money.laundering
https://www.garlic.com/~lynn/submisc.html#libor
https://www.garlic.com/~lynn/submisc.html#tax.evasion
https://www.garlic.com/~lynn/submisc.html#zirp
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Top secret "28 pages" may hold clues about Saudi support for 9/11 hijackers Date: 10 Apr 2016 Blog: FacebookTop secret "28 pages" may hold clues about Saudi support for 9/11 hijackers
past posts referencing families suing Saudi for 9/11
https://www.garlic.com/~lynn/2013o.html#51 U.S. Sidelined as Iraq Becomes Bloodier
https://www.garlic.com/~lynn/2013o.html#83 NSA surveillance played little role in foiling terror plots, experts say
https://www.garlic.com/~lynn/2014.html#11 NSA seeks to build quantum computer that could crack most types of encryption
https://www.garlic.com/~lynn/2014.html#13 Al-Qaeda-linked force captures Fallujah amid rise in violence in Iraq
https://www.garlic.com/~lynn/2014.html#42 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#99 Reducing Army Size
https://www.garlic.com/~lynn/2014c.html#103 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#14 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#38 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#89 Difference between MVS and z / OS systems
https://www.garlic.com/~lynn/2014i.html#28 How Comp-Sci went from passing fad to must have major
https://www.garlic.com/~lynn/2014i.html#51 How Comp-Sci went from passing fad to must have major
https://www.garlic.com/~lynn/2015.html#64 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015.html#72 George W. Bush: Still the worst; A new study ranks Bush near the very bottom in history
https://www.garlic.com/~lynn/2015b.html#27 What were the complaints of binary code programmers that not accept Assembly?
https://www.garlic.com/~lynn/2015b.html#73 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#78 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015d.html#54 The Jeb Bush Adviser Who Should Scare You
https://www.garlic.com/~lynn/2015g.html#12 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2016c.html#50 Iraqi WMDs
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling Date: 11 Apr 2016 Blog: FacebookGoldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
Securitized mortgages had been used during the S&L crisis to obfuscate fraudulent mortgages (poster child was office bldgs in Dallas/Ft.Wroth that turned out to be empty lots). In the late 90s I was asked to try and help prevent the coming economic mess by improving the integrity of mortgage supporting documents. Then they start paying for triple-A ratings (when the sellers and the rating agencies knew they weren't worth triple-A, from Oct2008 congressional testimony into the role that the rating agencies played). Triple-A ratings trump supporting documents and they could start doing no-documentation, liar loans. They also no longer had to care about loan quality or borrowers qualifications and triple-A also met that they could start selling to institutions restricted to only dealing in safe investments (like large public & private pension funds, some accounts that it resulted in 30% loss in the funds and trillions shortfall in pension funds).
They then learned that they could do securitized mortgages designed to fail, sell to their victims and then take out CDS gambling bets that they would fail (creating enormous demand for bad mortgages). AIG was the largest holder of these CDS gambling bets and was negotiating to pay-off at 50cents on the dollar when the SECTREAS steps in and says that they can't payoff at less than face value, forces them to sign a document that they can't sue those making the bets and to take TARP funds to payoff at face value. The largest recipient of TARP funds is AIG and the largest recipient of face value payoffs is the firm formerly headed by SECTREAS.
Note the original rhetoric in congress was that the primary purpose of GLBA (not better known for repeal of Glass-Steagall) was that if you already had a banking charter you got to keep it, but if you didn't already have a banking charter you couldn't get one (block new competition in the banking business). Role forward to the implosion of the economic mess ... and the federal reserve providing real bailouts, buying trillions in off-book toxic assets at 98cents on the dollar and providing tens of trillions in ZIRP funds (while TARP was used for other stuff) ... however, the institutions had to have a banking charter. In order to save some of the purely investment banks (w/o banking charter), the federal reserve had to give out new banking charters (theoretically
Federal Reserve fought legal battle to prevent disclosure of what they
were doing, shortly after they lost, Bernanke had a press conference
and said that when they started providing tens of trillions in ZIRP
funds (and buying trillions in off-book toxic assets), it would be
used to help mainstreet. When they didn't (buying treasuries instead,
clearing something like $300B/yr), he had no way to force them (but
that didn't stop ZIRP funds). Supposedly part of the reason that
Bernanke was selected was he was a depression era scholar, however the
federal reserve had tried something similar then with the same results
(so he should have had no reason to believe they would act any
differently this time)
https://www.garlic.com/~lynn/submisc.html#zirp
Bernanke's Former Advisor: "People Would Be Stunned To Know The Extent
To Which The Fed Is Privately Owned"
http://www.zerohedge.com/news/2016-04-11/bernankes-former-adviser-people-would-be-stunned-know-extent-which-fed-privately-own
from above:
As the WSJ conveniently adds, the selection of regional bank
presidents has become a hot-button issue. Currently, the leaders of
the New York, Philadelphia, Dallas and Minneapolis Fed banks are
helmed by men who formerly worked for or had close connections to
investment bank Goldman Sachs.
... snip ..
The Truth Of The Goldman Sachs Settlement Is In The Fine Print
http://thinkprogress.org/economy/2016/04/11/3768216/goldman-sachs-schneiderman-fine-print/
from above:
Less than half of the total sticker price -- $2.385 billion -- is
structured as a civil penalty, which is generally not deductible. The
settlement papers do prohibit Goldman from seeking FDIC reimbursement
for any of the deal's costs, but that language does not rule out
simple deductions.
... snip ...
too big to jail
some collection of past posts
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
https://www.garlic.com/~lynn/submisc.html#bernanke
past posts mentioning ZIRP funds:
https://www.garlic.com/~lynn/2013j.html#4 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#10 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#37 8080 BASIC
https://www.garlic.com/~lynn/2013j.html#43 8080 BASIC
https://www.garlic.com/~lynn/2014l.html#89 Forbes perspective on IBM's troubles
https://www.garlic.com/~lynn/2014l.html#94 weird apple trivia
https://www.garlic.com/~lynn/2014l.html#95 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#2 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#3 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#4 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#6 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#11 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#23 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#29 LEO
https://www.garlic.com/~lynn/2014m.html#43 LEO
https://www.garlic.com/~lynn/2014m.html#58 Wall Street is Taking Over America's Pension Plans
https://www.garlic.com/~lynn/2014m.html#75 LEO
https://www.garlic.com/~lynn/2014m.html#99 US Debt In Public Hands Doubles Under Barack Obama
https://www.garlic.com/~lynn/2015.html#17 Cromnibus cartoon
https://www.garlic.com/~lynn/2015d.html#28 Bernie Sanders Proposes A Bill To Break Up The 'Too Big To Exist' Banks
https://www.garlic.com/~lynn/2015d.html#69 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015d.html#70 Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015d.html#76 Greedy Banks Nailed With $5 BILLION+ Fine For Fraud And Corruption
https://www.garlic.com/~lynn/2015e.html#41 Poor People Caused The Financial Crisis
https://www.garlic.com/~lynn/2015e.html#43 Poor People Caused The Financial Crisis
https://www.garlic.com/~lynn/2015e.html#44 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015e.html#82 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015e.html#83 Inaugural Podcast: Dave Farber, Grandfather of the Internet
https://www.garlic.com/~lynn/2015e.html#84 Inaugural Podcast: Dave Farber, Grandfather of the Internet
https://www.garlic.com/~lynn/2015e.html#93 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015e.html#96 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#16 Interactive Data Corp taps banks for sale or IPO -sources
https://www.garlic.com/~lynn/2015f.html#27 Federal Subsidies
https://www.garlic.com/~lynn/2015f.html#36 Eric Holder, Wall Street Double Agent, Comes in From the Cold
https://www.garlic.com/~lynn/2015f.html#53 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#16 Federal Deficits
https://www.garlic.com/~lynn/2015g.html#20 After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed
https://www.garlic.com/~lynn/2015g.html#25 After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed
https://www.garlic.com/~lynn/2015g.html#49 seveneves
https://www.garlic.com/~lynn/2015g.html#50 seveneves
https://www.garlic.com/~lynn/2015g.html#56 The long, slow death of the rule of law in America
https://www.garlic.com/~lynn/2015g.html#57 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#65 Michael Hudson's New Book: Wall Street Parasites Have Devoured Their Hosts -- Your Retirement Plan and the U.S. Economy
https://www.garlic.com/~lynn/2015g.html#70 AIG freezes defined-benefit pension plan
https://www.garlic.com/~lynn/2015g.html#81 Now the DOJ Admits They Got it Wrong
https://www.garlic.com/~lynn/2015g.html#86 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015h.html#19 Bernanke: Some Wall Street executives should've gone to jail over financial crisis
https://www.garlic.com/~lynn/2015h.html#25 Hillary Clinton's Glass-Steagall
https://www.garlic.com/~lynn/2015h.html#44 rationality
https://www.garlic.com/~lynn/2015h.html#46 rationality
https://www.garlic.com/~lynn/2015h.html#47 rationality
https://www.garlic.com/~lynn/2015h.html#48 Protecting Social Security from the Thieves in the Night
https://www.garlic.com/~lynn/2015h.html#50 rationality
https://www.garlic.com/~lynn/2015h.html#51 rationality
https://www.garlic.com/~lynn/2015h.html#53 rationality
https://www.garlic.com/~lynn/2015h.html#78 The Global Financial Crisis: Analysis and Policy Implications
https://www.garlic.com/~lynn/2016.html#8 Too Big To Fail
https://www.garlic.com/~lynn/2016.html#26 1970--protesters seize computer center
https://www.garlic.com/~lynn/2016b.html#12 Thanks Obama
https://www.garlic.com/~lynn/2016b.html#25 SS Trust Fund
https://www.garlic.com/~lynn/2016b.html#42 Nobody saw the economic mess coming last decade
https://www.garlic.com/~lynn/2016b.html#58 Wall Street strikes back against Bernie Sanders
https://www.garlic.com/~lynn/2016b.html#73 Qbasic
https://www.garlic.com/~lynn/2016b.html#84 Trump vs. Hillary
https://www.garlic.com/~lynn/2016b.html#110 The Koch-Fueled Plot to Destroy the VA
https://www.garlic.com/~lynn/2016c.html#49 Federal Debt
https://www.garlic.com/~lynn/2016c.html#58 Qbasic
https://www.garlic.com/~lynn/2016c.html#86 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#88 Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Mon, 11 Apr 2016 23:00:45 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
For-profit prisons part of US having the highest incarceration rate in the world
they are also inventing all sorts of new ways for making money off prisoners.
The Prison-Industrial Complex
http://www.theatlantic.com/magazine/archive/1998/12/the-prison-industrial-complex/304669/
On January 17, 1961, President Dwight D. Eisenhower used his farewell
address to issue a warning, as the United States continued its cold war
with the Soviet Union. "In the councils of government," Eisenhower said,
"we must guard against the acquisition of unwarranted influence, whether
sought or unsought, by the military-industrial complex." Eisenhower had
grown concerned about this new threat to democracy during the 1960
campaign, when fears of a "missile gap" with the Soviet Union were
whipped up by politicians, the press, and defense contractors hoping for
increased military spending. Eisenhower knew that no missile gap existed
and that fear of one might lead to a costly, unnecessary response. "The
potential for the disastrous rise of misplaced power exists and will
persist," Eisenhower warned. "We should take nothing for granted."
... snip ...
posts
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
The Prison State of America
http://www.commondreams.org/views/2014/12/29/prison-state-america
Fines, often in the thousands of dollars, are assessed against many
prisoners when they are sentenced. There are 22 fines that can be
imposed in New Jersey, including the Violent Crime Compensation
Assessment (VCCB), the Law Enforcement Officers Training & Equipment
Fund (LEOT) and Extradition Costs (EXTRA). The state takes a percentage
each month out of prison pay to pay down the fines, a process that can
take decades. If a prisoner who is fined $10,000 at sentencing must rely
solely on a prison salary he or she will owe about $4,000 after making
payments for 25 years. Prisoners can leave prison in debt to the
state. And if they cannot continue to make regular payments--difficult
because of high unemployment--they are sent back to prison. High
recidivism is part of the design.
... snip ...
Report: "Low-Crime Tax" Keeps For-Profit Prisons Profitable
http://billmoyers.com/2013/09/20/report-low-crime-tax-keeps-for-profit-prisons-profitable/
Meet the Prison Bankers Who Profit From the Inmates
http://time.com/3446372/criminal-justice-prisoners-profit/
With 2.3 Million People Incarcerated in the US, Prisons Are Big Business
http://www.thenation.com/article/prison-profiteers/
Stay Informed
http://www.prisonpolicy.org/phones/
Private Prisons Fight Back
http://www.justicepolicy.org/news/10110
We Must End For-Profit Prisons
http://www.huffingtonpost.com/bernie-sanders/we-must-end-for-profit-pr_b_8180124.html
Banking on Bondage: Private Prisons and Mass Incarceration
https://www.aclu.org/banking-bondage-private-prisons-and-mass-incarceration
Prisons for Profit: Under Kasich, Ohio Becomes Laboratory for Privatizing Public Jails
http://www.democracynow.org/2016/2/23/prisons_for_profit_under_kasich_ohio
Are debtors' prisons returning?
http://www.cnn.com/2015/12/04/opinions/jones-debtors-prisons/
How for-profit prisons have become the biggest lobby no one is talking about
https://www.washingtonpost.com/posteverything/wp/2015/04/28/how-for-profit-prisons-have-become-the-biggest-lobby-no-one-is-talking-about/
The Corrupt Corporate Incarceration Complex
http://www.truth-out.org/news/item/1905:the-corrupt-corporate-incarceration-complex
We Are All Victims Of Private Prisons and Corrupt Politicians
http://www.copblock.org/137367/victims-private-prisons-corrupt-politicians/
past for-profit prison posts:
https://www.garlic.com/~lynn/2013d.html#43 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013j.html#82 copyright protection/Doug Englebart
https://www.garlic.com/~lynn/2014c.html#10 Royal Pardon For Turing
https://www.garlic.com/~lynn/2015e.html#85 prices, was Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015g.html#27 OT: efforts to repeal strict public safety laws
https://www.garlic.com/~lynn/2015h.html#4 Decimal point character and billions
https://www.garlic.com/~lynn/2016b.html#70 Qbasic
other past incarceration rate posts:
https://www.garlic.com/~lynn/2013d.html#37 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013d.html#43 What Makes an Architecture Bizarre?
https://www.garlic.com/~lynn/2013j.html#61 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2013k.html#73 What Makes a Tax System Bizarre?
https://www.garlic.com/~lynn/2014c.html#9 Royal Pardon For Turing
https://www.garlic.com/~lynn/2015e.html#74 prices, was Western Union envisioned internet functionality
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling Date: 12 Apr 2016 Blog: Facebookre:
#4 on times list of those responsible for economic mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877323,00.html
now #2 on the list & his wife are characterized as doing favors for
ENRON (including preventing CDS gambling bets from being regulated)
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
In the wake of ENRON, congress takes up Sarbanes-Oxley claiming that it would prevent future ENRONs and guarantee that executives and auditors did jail time, but it requires SEC to do something (#4 on list). Possibly because even GAO didn't believe SEC was doing anything last decade, it started doing reports of fraudulent public company financial filings (and nobody doing jailtime), even increasing after SOX goes into effect.
Less well known is Sarbanes-Oxley also required SEC to do something about the rating agencies (played major role in economic mess last decade selling triple-A ratings), but SEC appears to do as much about the rating agencies as it was doing about fraudulent financial filings.
In the congressional hearing into Madoff, they had the person that had tried unsuccessfully for a decade to get SEC to do something about Madoff ... SEC hands were finally forced when Madoff turned himself in. Congress also asked him if new regulations were required. He replied that while new regulations might be required, much more important was transparency and visibility (since SEC wasn't enforcing existing regulations).
Last decade there was joke that Treasury was Goldman-Sachs branch office in Washington because it was populated by so many people from GS ... starting with SECTREAS
sarbanes-oxley
https://www.garlic.com/~lynn/submisc.html#sarbanes-oxley
Enron
https://www.garlic.com/~lynn/submisc.html#enron
Fruadulent financial reporting
https://www.garlic.com/~lynn/submisc.html#financial.reporting.fraud.fraud
Madoff
https://www.garlic.com/~lynn/submisc.html#madoff
regulatory capture
https://www.garlic.com/~lynn/submisc.html#regulatory.capture
--
virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Tue, 12 Apr 2016 17:00:32 -0700"J. Clarke" <j.clarke.873638@gmail.com> writes:
Move on to Japan, part of firebombing cities was that they didn't have the industrial & military locations targets (that they had gotten for Germany from wallstreet).
strategic bombing also didn't work at all on Omaha Beach, THE EUROPEAN
CAMPAIGN:ITS ORIGINS AND CONDUCT, free pdf, ebook formats:
http://www.strategicstudiesinstitute.army.mil/pubs/display.cfm?PubID=1075
loc2582-85:
The bomber preparation of Omaha Beach was a total failure, and German
defenses on Omaha Beach were intact as American troops came ashore. At
Utah Beach, the bombers were a little more effective because the IXth
Bomber Command was using B-26 medium bombers. Wisely, in preparation for
supporting the invasion, maintenance crews removed Norden bombsights
from the bombers and installed the more effective low-level altitude
sights.54
... snip ...
military industrial complex
https://www.garlic.com/~lynn/submisc.html#military.industrial.complex
past references:
https://www.garlic.com/~lynn/2011g.html#10 America's Defense Meltdown
https://www.garlic.com/~lynn/2011o.html#67 Downwind from Alamogordo
https://www.garlic.com/~lynn/2012i.html#62 Early use of the word "computer"
https://www.garlic.com/~lynn/2013f.html#18 Air Superiority: Advantage over enemy skies for 60 years
https://www.garlic.com/~lynn/2014.html#67 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014b.html#54 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014f.html#73 Is end of mainframe near ?
https://www.garlic.com/~lynn/2014h.html#90 Friden Flexowriter equipment series
https://www.garlic.com/~lynn/2014h.html#91 Friden Flexowriter equipment series
https://www.garlic.com/~lynn/2014h.html#92 Off topic screeds (was Re: Friden Flexowriter equipment series)
https://www.garlic.com/~lynn/2014k.html#12 1950: Northrop's Digital Differential Analyzer
https://www.garlic.com/~lynn/2014m.html#40 LEO
https://www.garlic.com/~lynn/2015.html#13 LEO
https://www.garlic.com/~lynn/2015b.html#52 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015b.html#53 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015b.html#68 Why do we have wars?
https://www.garlic.com/~lynn/2015b.html#69 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#77 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#79 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#82 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#83 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#0 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#13 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#20 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#28 Kill Chain: The Rise of High Tech Assassins
https://www.garlic.com/~lynn/2015c.html#61 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#62 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#63 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#64 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015c.html#70 God No, the U.S. Air Force Doesn't Need Another Curtis LeMay
https://www.garlic.com/~lynn/2015c.html#76 Your earliest dream?
https://www.garlic.com/~lynn/2015c.html#89 Your earliest dream?
https://www.garlic.com/~lynn/2015d.html#13 Fully Restored WWII Fighter Plane Up for Auction
https://www.garlic.com/~lynn/2015d.html#37 End of vacuum tubes in computers?
https://www.garlic.com/~lynn/2015f.html#42 No, the F-35 Can't Fight at Long Range, Either
https://www.garlic.com/~lynn/2015f.html#52 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#54 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#77 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#81 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015f.html#87 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#55 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2015g.html#63 [Poll] Computing favorities
https://www.garlic.com/~lynn/2015h.html#33 The wars in Vietnam, Iraq, and Afghanistan were lost before they began, not on the battlefields
https://www.garlic.com/~lynn/2015h.html#119 For those who like to regress to their youth? :-)
https://www.garlic.com/~lynn/2015h.html#120 For those who like to regress to their youth? :-)
https://www.garlic.com/~lynn/2016.html#3 I Feel Old
https://www.garlic.com/~lynn/2016.html#31 I Feel Old
https://www.garlic.com/~lynn/2016.html#57 Shout out to Grace Hopper (State of the Union)
https://www.garlic.com/~lynn/2016.html#60 For those who like to regress to their youth? :-)
https://www.garlic.com/~lynn/2016b.html#10 What Will the Next A-10 Warthog Look Like?
https://www.garlic.com/~lynn/2016b.html#49 Corporate malfeasance
https://www.garlic.com/~lynn/2016c.html#64 Isolationism and War Profiteering
https://www.garlic.com/~lynn/2016c.html#73 Qbasic
https://www.garlic.com/~lynn/2016c.html#75 Qbasic
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Goldman and Wells Fargo FINALLY Admit They Committed Fraud Date: 12 Apr 2016 Blog: Facebooktoo big to jail
Goldman and Wells Fargo FINALLY Admit They Committed Fraud
http://www.zerohedge.com/news/2016-04-12/goldman-and-wells-fargo-finally-admit-they-committed-fraud
Moreover, fraud was one of the main causes of the Great Depression and
the Great Recession ... which cost tens of trillions of dollars in
losses. But nothing has been done to rein in fraud today. And
governments have virtually made it official policy not to prosecute
fraud criminally.
... snip ...
Wells facebook thread
https://www.facebook.com/lynn.wheeler/posts/10208286996468188
Goldman facebook thread
https://www.facebook.com/lynn.wheeler/posts/10208303249834512
archives posts
https://www.garlic.com/~lynn/2016c.html#84 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#85 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#86 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#88 Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
https://www.garlic.com/~lynn/2016c.html#90 Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
too big to fail, too big to jail, too big to prosecute
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
(triple-A rated) toxic CDOs
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Qbasic Newsgroups: alt.folklore.computers Date: Wed, 13 Apr 2016 07:57:01 -0700Anne & Lynn Wheeler <lynn@garlic.com> writes:
REPORT: President Obama To Release 'Stunning' Classified Info
Embarrassing Bush Admin Over 9/11
http://news.groopspeak.com/report-president-obama-to-release-stunning-classified-info-embarrassing-bush-admin-over-911/
If you go back further, the US was supporting Iraq in the iran/iraq war
https://en.wikipedia.org/wiki/Iran-Iraq_War
including supplying WMDs
https://en.wikipedia.org/wiki/United_States_support_for_Iraq_during_the_Iran-Iraq_war
Posts mentioning WMDs
https://www.garlic.com/~lynn/submisc.html#wmds
then this describes a sat. photo recon analyst supplies administration
with evidence that Iraq was preparing to evade Kuwait. The
administration says that Iraq would do no such thing and then proceeds
to discredit the analyst. Then the analyst supplies evidence that Iraq
was preparing to evade saudi arabia ... now Bush(1) has to decide
between Iraq and Saudi.
https://www.amazon.com/Long-Strange-Journey-Intelligence-ebook/dp/B004NNV5H2/
In any case, the 2nd invasion of Iraq might be considered obfuscation and misdirection away from the real responsible party.
past posts mentioning 28pages &/or suing Saudia Arabia for 9/11 responsibility
https://www.garlic.com/~lynn/2013o.html#51 U.S. Sidelined as Iraq Becomes Bloodier
https://www.garlic.com/~lynn/2013o.html#83 NSA surveillance played little role in foiling terror plots, experts say
https://www.garlic.com/~lynn/2014.html#11 NSA seeks to build quantum computer that could crack most types of encryption
https://www.garlic.com/~lynn/2014.html#13 Al-Qaeda-linked force captures Fallujah amid rise in violence in Iraq
https://www.garlic.com/~lynn/2014.html#42 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014c.html#99 Reducing Army Size
https://www.garlic.com/~lynn/2014c.html#103 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#14 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#38 Royal Pardon For Turing
https://www.garlic.com/~lynn/2014d.html#89 Difference between MVS and z / OS systems
https://www.garlic.com/~lynn/2014i.html#51 How Comp-Sci went from passing fad to must have major
https://www.garlic.com/~lynn/2015.html#64 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015.html#72 George W. Bush: Still the worst; A new study ranks Bush near the very bottom in history
https://www.garlic.com/~lynn/2015b.html#27 What were the complaints of binary code programmers that not accept Assembly?
https://www.garlic.com/~lynn/2015b.html#73 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015b.html#78 past of nukes, was Future of support for telephone rotary dial ?
https://www.garlic.com/~lynn/2015d.html#54 The Jeb Bush Adviser Who Should Scare You
https://www.garlic.com/~lynn/2015g.html#12 1973--TI 8 digit electric calculator--$99.95
https://www.garlic.com/~lynn/2016c.html#50 Iraqi WMDs
https://www.garlic.com/~lynn/2016c.html#87 Top secret "28 pages" may hold clues about Saudi support for 9/11 hijackers
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Pension Funds at Risk Date: 14 Apr 2016 Blog: FacebookRecent TV spots are calling for people to protest special Bankruptcy Act 9 for Puerto Rico implying that it will include provisions allowing entities (not just municipalities) to walk away from pensions. Note that some number of corporations have organized their structure so that subsidiaries with lots of people are in different organization from subsidiary where they book the profit. The people intensive subsidiary can show a loss while the parent company shows significant profit. This has been done in some number of manufacturing and airlines. This has been used to declare bankruptcy in people intensive and dump the pensions off on US government (PBGC). They've also moved the subsidiary where they book the profit to offshore tax haven as part of tax avoidance (posterchild is heavy equipment maker that makes & delivers in the US, they created a "distributor" subsidiary in luxembourg where they sell the equipment to the luxembourg distributor at cost, which then sells to the US customer, manufacturing plant in the US still ships directly to US customer).
There are articles claiming that lobbying congress can have the highest business ROI... returns lgreater than 10,000%
AIG is just the tip of the iceberg.
Securitized mortgages had been used during the S&L crisis to obfuscate
fraudulent mortgages (poster child was office bldgs in Dallas/Ft.Wroth
that turned out to be empty lots). In the late 90s I was asked to try
and help prevent the coming economic mess by improving the integrity
of mortgage supporting documents. Then they start paying for triple-A
ratings (when the sellers and the rating agencies knew they weren't
worth triple-A, from Oct2008 congressional testimony into the role
that the rating agencies played). Triple-A ratings trump supporting
documents and they could start doing no-documentation, liar
loans. They also no longer had to care about loan quality or borrowers
qualifications and triple-A also met that they could start selling to
institutions restricted to only dealing in safe investments (like
large public & private pension funds, some accounts that it resulted
in 30% loss in the funds and trillions shortfall in pension funds).
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
They then learned that they could do securitized mortgages designed to fail, sell to their victims and then take out CDS gambling bets that they would fail (creating enormous demand for bad mortgages). AIG was the largest holder of these CDS gambling bets and was negotiating to pay-off at 50cents on the dollar when the SECTREAS steps in and says that they can't payoff at less than face value, forces them to sign a document that they can't sue those making the bets and to take TARP funds to payoff at face value. The largest recipient of TARP funds is AIG and the largest recipient of face value payoffs is the firm formerly headed by SECTREAS.
Note that AIG was taking these CDS gambling bets based on their triple-A rating which had been paid for and both the sellers and rating agencies knew weren't worth triple-A.
#2 on Times list of those responsible for the economic mess
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html
is senator behind GLBA that repeals Glass-Steagall,
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
enabling too big to fail which leads to too big to prosecute and too
big to jail.
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
It allows risky investment banks to merge with gov. backed depository
institutions, resulting in risky investment bank activity being
offloaded on tax payers. This also enables relative impunity for money
laundering for drug cartels and terrorists, LIBOR manipulation,
commodity manipulation, tax evasion and other criminal activity. The
modest size of the fines (compared to amounts involved) are jokingly
being referred to just the cost of running a criminal business.
https://www.garlic.com/~lynn/submisc.html#money.laundering
https://www.garlic.com/~lynn/submisc.html#libor
https://www.garlic.com/~lynn/submisc.html#tax.evasion
Also around the turn of the century, when the chair of CFTC proposes
regulating CDS, the chair is quickly replaced with the wife of #2,
while he gets legislation passed preventing CDS regulation. This is
characterized as favor to ENRON which is playing with CDS, the wife
then resigns as chair of CFTC and joins ENRON board and audit
committee. From the law of unintended consequences, later securitized
mortgages are being designed to fail and then they are making CDS
gambling bets that they would fail.
https://www.garlic.com/~lynn/submisc.html#enron
Note that there was over $27T of these securitized instruments done
2001-2008. "Evil Wall Street Exports Boomed With 'Fools' Born to Buy Debt"
https://www.bloomberg.com/news/articles/2008-10-27/evil-wall-street-exports-boomed-with-fools-born-to-buy-debt
Also note, last decade there was joke that the dept of treasury was Goldman Sachs branch office in DC because so many in treasury had in some manner, been involved with Goldman Sachs ... starting with SECTREAS who had headed the firm.
recent reference to some of the fines for that activity:
Wall Street's Fraud of the Week Club
https://ourfuture.org/20160413/wall-streets-fraud-of-the-week-club
Translation: Goldman Sachs repeatedly sold mortgage risk to investors
by claiming that it was making sure these mortgages were being written
according to strict rules - even when it knew that they weren't, and
that a lot of the mortgages were in fact not what they claimed.
... snip ...
Then after representation of the mortgages, it then took out CDS gambling bets, that they would fail.
Claim is that the too big to fail have been fined a total of $300B (but no cirminal prosecution) since the economic mess ... approx. one percent of the $27+T of the securitized instruments that they created. However, the $300B isn't just for the economic mess but also money laundering for drug cartels and terrorists, LIBOR manipulation, commodity manipulation, robo-signing mills for documents used in fraudulent foreclosures, and other criminal activity.
recent posts mentionin Wells & Goldman Sachs
https://www.garlic.com/~lynn/2016c.html#84 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#85 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#86 Wells Fargo "Admits Deceiving" U.S. Government, Pays Record $1.2 Billion Settlement
https://www.garlic.com/~lynn/2016c.html#88 Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
https://www.garlic.com/~lynn/2016c.html#90 Goldman Slammed With $5.1 Billion Fine For "Serious Misconduct" In Mortgage Selling
https://www.garlic.com/~lynn/2016c.html#92 Goldman and Wells Fargo FINALLY Admit They Committed Fraud
past posts mentioning PBGC
https://www.garlic.com/~lynn/2006o.html#61 Health Care
https://www.garlic.com/~lynn/2007j.html#91 IBM Unionization
https://www.garlic.com/~lynn/2010i.html#77 Favourite computer history books?
https://www.garlic.com/~lynn/2012.html#94 Bankruptcy a reprieve for some companies
https://www.garlic.com/~lynn/2013k.html#4 copyright protection/Doug Englebart
https://www.garlic.com/~lynn/2014m.html#8 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#24 weird apple trivia
https://www.garlic.com/~lynn/2014m.html#90 Is IBM Suddenly Vulnerable To A Takeover?
https://www.garlic.com/~lynn/2015.html#7 weird apple trivia
https://www.garlic.com/~lynn/2015.html#59 IBM Data Processing Center and Pi
https://www.garlic.com/~lynn/2015e.html#81 prices, was Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2015e.html#89 prices, was Western Union envisioned internet functionality
https://www.garlic.com/~lynn/2016b.html#83 Qbasic - lies about Medicare
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: Thanks Obama Newsgroups: alt.folklore.computers Date: Thu, 14 Apr 2016 18:55:45 -0700Dan Espen <despen@verizon.net> writes:
GAO desert storm air power effectiveness study had Iraqis walking away from the tanks because they were "sitting ducks" and so easily taken out ... last 100hrs (of 42day desert strom) was the land war and there were reports of ferocious tank battles with the Iraqis with Allies receiving no damage (but didn't mention whether Iraqi tanks had anybody home).
At a Marine Corps Univ. Boyd meeting a couple years ago, Burton said
that Boyd destroyed his career when Boyd challenged Burton to do what
was right ... tries to fix Bradley.
https://www.amazon.com/gp/product/B00HXY969W/
HBO made into film
https://en.wikipedia.org/wiki/The_Pentagon_Wars
the guy managing Bradley got a promotion and Burton forced to retire early (he was 1st Air Force Academy graduation class and had been on fast-track to general).
boyd posts & Boyd URLs around the web.
https://www.garlic.com/~lynn/subboyd.html
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virtualization experience starting Jan1968, online at home since Mar1970
From: lynn@GARLIC.COM (Anne & Lynn Wheeler) Subject: Re: TCP/IP question on routing Newsgroups: bit.listserv.ibm-main Date: 15 Apr 2016 10:03:13 -0700RPommier@SFGMEMBERS.COM (Pommier, Rex) writes:
the weekend before 1988 Interop, the floor nets were crashing well into
early Monday morning ... before problem was identified. As a result, new
requirements were mandated in RFC1122 (RFC1122 & RFC1123 combined are
official internet STD3). regarding automagically forwarding
packets. ...
Any host that forwards datagrams generated by another host is
acting as a gateway and MUST also meet the specifications laid out
in the gateway requirements RFC [INTRO:2]. An Internet host that
includes embedded gateway code MUST have a configuration switch to
disable the gateway function, and this switch MUST default to the
non-gateway mode. In this mode, a datagram arriving through one
interface will not be forwarded to another host or gateway (unless
it is source-routed), regardless of whether the host is single-
homed or multihomed. The host software MUST NOT automatically
move into gateway mode if the host has more than one interface, as
the operator of the machine may neither want to provide that
service nor be competent to do so.
... snip ...
trivia: i had hardware&demo in booth at Interop 88 ... but not in the
IBM booth ... which was on the other side of the floor. past posts
https://www.garlic.com/~lynn/subnetwork.html#interop88
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: IBM's 96 column punch card (was System/3)? Newsgroups: alt.folklore.computers Date: Fri, 15 Apr 2016 10:39:27 -0700Quadibloc <jsavard@ecn.ab.ca> writes:
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Intel to lay off 11% of workforce in big shift from PCs Newsgroups: alt.folklore.computers Date: Wed, 20 Apr 2016 14:54:00 -0700Intel to lay off 11% of workforce in big shift from PCs
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Why Is the Obama Administration Trying to Keep 11,000 Documents Sealed? Date: 21 Apr 2016 Blog: FacebookWhy Is the Obama Administration Trying to Keep 11,000 Documents Sealed? The "most transparent administration in history" has spent years trying to hide embarrassing financial secrets from the public
aka, wallstreet had done over $27T 2001-2008 "Contrary to popular belief, the one thing they weren't guilty of was causing the 2008 crash.
Securitized mortgages had been used during the S&L crisis to obfuscate
fraudulent mortgages (poster child was office bldgs in Dallas/Ft.Wroth
that turned out to be empty lots). In the late 90s I was asked to try
and help prevent the coming economic mess by improving the integrity
of mortgage supporting documents. Then they start paying for triple-A
ratings (when the sellers and the rating agencies knew they weren't
worth triple-A, from Oct2008 congressional testimony into the role
that the rating agencies played). Triple-A ratings trump supporting
documents and they could start doing no-documentation, liar
loans. They also no longer had to care about loan quality or borrowers
qualifications and triple-A also met that they could start selling to
institutions restricted to only dealing in safe investments (like
large public & private pension funds, some accounts that it resulted
in 30% loss in the funds and trillions shortfall in pension
funds). The triple-A ratings largely enables wallstreet to do over
$27T 2001-2008 (clearing possible $4T-$5T in fees and commissions,
major factor contributing to claims that the industry tripled in size,
as percent of GDP, during the economic mess).
https://www.garlic.com/~lynn/submisc.html#toxic.cdo
They then learned that they could do securitized mortgages designed to fail, sell to their victims and then take out CDS gambling bets that they would fail (creating enormous demand for bad mortgages). AIG was the largest holder of these CDS gambling bets and was negotiating to pay-off at 50cents on the dollar when the SECTREAS steps in and says that they can't payoff at less than face value, forces them to sign a document that they can't sue those making the bets and to take TARP funds to payoff at face value. The largest recipient of TARP funds is AIG and the largest recipient of face value payoffs is the firm formerly headed by SECTREAS.
End of 2008, the four largest too big to fail were still carrying
$5.2T in these toxic assets "off-book".
https://www.garlic.com/~lynn/submisc.html#too-big-to-fail
Only $700B had been allocated for TARP and couldn't have come close to
covering the problem ... TARP was then used for other purposes (like
face-value CDS gambling bet pay-offs, which may have been original
intention all along) and Federal Reserve did the real bail-out with
tens of trillions in ZIRP funds and buying trillions in toxic assets
at 98cents on the dollar. Federal Reserve fought long legal battle to
prevent public disclosure of what they were doing. After they lost,
Bernanke had press conference and said that the originally thought
that the too big to fail would use ZIRP funds to help mainstreet,
but when they didn't, he had no way to force them to (but that hasn't
stopped the ZIRP funds). Note supposedly part of the reason for
choosing Bernanke as head of Federal Researve was he was a depression
era scholar; however the Federal Reserve had tried something similar
then with the same results, so Bernanke should have had no
expectations for something different this time.
https://www.garlic.com/~lynn/submisc.html#bernanke
https://www.garlic.com/~lynn/submisc.html#zirp
VP (and former director of CIA) claims no knowledge of
https://en.wikipedia.org/wiki/Iran-Contra_affair
because he was fulltime administration point person deregulating
financial industry ... creating S&L crisis
https://en.wikipedia.org/wiki/Savings_and_loan_crisis
along with other members of his family
https://en.wikipedia.org/wiki/Savings_and_loan_crisis#Silverado_Savings_and_Loan
also
http://query.nytimes.com/gst/fullpage.html?res=9D0CE0D81E3BF937A25753C1A966958260
and then more recent,: Lehman's Gift To Jeb Bush For Funneling Pension
Money: A $1.3 Million Consulting "Job"
http://www.zerohedge.com/news/2015-08-19/lehmans-gift-jeb-bush-funneling-pension-money-13-million-consulting-job
S&L crisis had 30,000 criminal referrals and 1,000 criminal convictions (with jailtime), unless had friends or relatives in high places.
The most recent Bush presides over the economic mess, 70 times larger than the S&L crisis, proportionally there should have been 70,000 criminal convictions (with jailtimes), so far nobody has even been charged.
From the law of unintended consequences, the largest fines (tens of billions) for the too big to fail so far (still no criminal prosecution, simply "deferred prosecution") have been for the robo-signing mills fabricating the documentation needed for foreclosures involving the no-documentation, liar loans.
Note that pressure for CRA low-income loans resulted in well under $500B done during the economic mess ... less than 2% of the over $27T in securitized loans done through wallstreet. References to the CRA low-income loans is primarily obfuscation and misdirection away from what wallstreet was up to.
Jan2009 (a decade after being asked to try and help prevent economic
mess), I was asked to HTML'ize the Pecora Hearings (30s senate
hearings into '29 crash, resulted in criminal convictions and
Glass-Steagall, had been scanned the fall of 2008 at Boston Public
Library) with lots of internal xrefs and URLs between what happened
then and what happened this time (comments that the new congress might
have appetite to do something). I work on it for awhile and then get a
call that it won't be needed after all (references to enormous piles
of wallstreet money totally burying capital hill).
https://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagall
Local DC news will periodically refer to congress as Kabuki Theater (what is seen for public consumption has little to do with what really goes on). https://www.garlic.com/~lynn/submisc.html#kabuki.theater
These SEC Insider Emails Reveal Why No Bankers Have Gone To Jail
http://www.zerohedge.com/news/2016-04-21/these-sec-insider-emails-reveal-why-no-bankers-have-gone-jail
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virtualization experience starting Jan1968, online at home since Mar1970
From: Anne & Lynn Wheeler <lynn@garlic.com> Subject: Re: IBM's 96 column punch card (was System/3)? Newsgroups: alt.folklore.computers Date: Thu, 21 Apr 2016 21:53:01 -0700"Joe Morris" <j.c.morris@verizon.net> writes:
one of my first programming jobs at the univ was class registration ... still done in the gym with tables for classes and sense mark cards ... which are then interpreted/punched. large number of card trays (about 3000 cards per tray). read card into middle stacker, validate the card information ... and if there is problem, punch a "blank" card behind it (card punch loaded with colored cards).
later problem cards can be identified in the trays by colored card punched behind it.
virtual (ios3270) green card (converted to html) reader/punch CCWs (says
3504, 3505, 3525, similar for 2540, but select three stackers)
https://www.garlic.com/~lynn/gcard.html#23
past posts mentioning 2540 stacker programming
https://www.garlic.com/~lynn/95.html#4 1401 overlap instructions
https://www.garlic.com/~lynn/98.html#53 punch card editing, take 2
https://www.garlic.com/~lynn/99.html#13 Old Computers
https://www.garlic.com/~lynn/99.html#59 Living legends
https://www.garlic.com/~lynn/2001b.html#20 HELP
https://www.garlic.com/~lynn/2001h.html#72 ummmmm
https://www.garlic.com/~lynn/2002o.html#19 The Hitchhiker's Guide to the Mainframe
https://www.garlic.com/~lynn/2004f.html#49 can a program be run withour main memory?
https://www.garlic.com/~lynn/2006g.html#43 Binder REP Cards (Was: What's the linkage editor really wants?)
https://www.garlic.com/~lynn/2007n.html#59 IBM System/360 DOS still going strong as Z/VSE
https://www.garlic.com/~lynn/2007q.html#71 IBM System/3 & 3277-1
https://www.garlic.com/~lynn/2007r.html#1 IBM System/3 & 3277-1
https://www.garlic.com/~lynn/2008b.html#77 Usefulness of bidirectional read/write?
https://www.garlic.com/~lynn/2008k.html#47 IBM 029 keypunch -- 0-8-2 overpunch -- what hex code results?
https://www.garlic.com/~lynn/2009h.html#41 Book on Poughkeepsie
https://www.garlic.com/~lynn/2010h.html#64 Reproducing Punch (513/514)--consecutive numbering, mark sense reading
https://www.garlic.com/~lynn/2010h.html#72 1130, was System/3--IBM compilers (languages) available?
https://www.garlic.com/~lynn/2010i.html#73 History: Mark-sense cards vs. plain keypunching?
https://www.garlic.com/~lynn/2011g.html#70 History of byte addressing
https://www.garlic.com/~lynn/2011g.html#80 Got to remembering... the really old geeks (like me) cut their teeth on Unit Record
https://www.garlic.com/~lynn/2011k.html#8 Last card reader?
https://www.garlic.com/~lynn/2012f.html#49 Cartons of Punch Cards
https://www.garlic.com/~lynn/2012i.html#12 IEBPTPCH questions
https://www.garlic.com/~lynn/2012k.html#92 360/20, was 1132 printer history
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virtualization experience starting Jan1968, online at home since Mar1970
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