Archive for ‘Politics’

August 12, 2010

Anti Climb Paint

anti climb paint

Anti-climb paint (also known as Anti Vandal Paint) is a class of paint which is a thick glutinous coating that is applied with a stiff brush, trowel or by hand using a protective glove. In appearance it is similar to smooth gloss paint when applied but it remains slippery indefinitely so preventing any intruder from gaining a foothold. It is used to prevent climbing on objects such as lampposts, walls and fences. It owes its effectiveness to the fact that it is based on a non-drying oil and keeps the surface greasy and slippery. As an additional advantage, it leaves its mark on the person touching it and hence makes it possible for intruders to be identified.

August 11, 2010

Hollywood Accounting

harry potter

Hollywood accounting refers to the notoriously opaque accounting methods used by Hollywood to budget and record profits for film projects. Expenditures can be inflated to reduce or eliminate the profit of the project thereby reducing the amount which the corporation must pay in royalties or other profit-sharing agreements based on the net profit.

For example, Winston Groom’s price for the screenplay rights to his novel Forrest Gump included a share of the profits; however, due to Hollywood accounting, the film’s commercial success was converted into a net loss, and Groom received nothing. That being so, he has refused to sell the screenplay rights to the novel’s sequel, stating that he, ‘cannot in good conscience allow money to be wasted on a failure.’

August 10, 2010

Monopsony

monopsony

nba

In economics, a monopsony [muh-nop-suh-nee] is a market form in which only one buyer faces many sellers. It is an example of imperfect competition, similar to a monopoly, in which only one seller faces many buyers. As the only purchaser of a good or service, the ‘monopsonist’ may dictate terms to its suppliers in the same manner that a monopolist controls the market for its buyers.

The term was first introduced by Joan Robinson in her influential book, ‘The Economics of Imperfect Competition.’ Robinson credits classics scholar Bertrand Hallward of Peterhouse College, Cambridge with coining the term. A single-payer universal health care system, in which the government is the only ‘buyer’ of health care services, is an example of a monopsony. It has also been argued that Wal-Mart, in the United States, functions as a monopsony in certain market segments, as its buying power for a given item may dwarf the remaining market. The Canadian Wheat Board, established by the Parliament of Canada in 1935 as a producer marketing system, is a monopsonistic buyer of wheat and barley.

August 10, 2010

Bearer Bond

bearer bond

A bearer bond is a debt security issued by a business entity, such as a corporation, or by a government. It differs from the more common types of investment securities in that it is unregistered – no records are kept of the owner, or the transactions involving ownership. Whoever physically holds the paper on which the bond is issued owns the instrument. This is useful for investors who wish to retain anonymity. Recovery of the value of a bearer bond in the event of its loss, theft, or destruction is usually impossible.

Bearer bonds have historically been the financial instrument of choice for money launderers, tax evaders, and those just generally trying to conceal business transactions. In response, new issuances of bearer bonds were banned in the United States in 1982. All the bearer bonds issued by the U.S. Treasury have matured. They no longer pay interest to the holders. As of May 2009, the approximate amount outstanding is $100 million.  Bearer bonds are still used in some parts of the world, notably in Central America.

August 10, 2010

Van Eck Phreaking

tempest

Van Eck phreaking is the process of eavesdropping on the contents of a CRT or LCD display by detecting its electromagnetic emissions. It is named after Dutch computer researcher Wim van Eck, who in 1985 published the first paper on it, including proof of concept. Phreaking is the process of exploiting telephone networks, used here because of its connection to eavesdropping.

Information that drives the video display takes the form of high frequency electrical signals. These oscillating electric currents create electromagnetic radiation in the RF range. These radio emissions are correlated to the video image being displayed, so, in theory, they can be used to recover the displayed image. In a 2009 test of electronic voting systems in Brazil, Van Eck phreaking was used to successfully compromise ballot secrecy as a proof of concept.

August 10, 2010

Luddite

ned ludd

The Luddites [luhd-ahyts] were a social movement of British textile artisans in the nineteenth century who protested – often by destroying mechanized looms – against the changes produced by the Industrial Revolution. It took its name from Ned Ludd, a proletariat folk hero, who was credited with being the first to fight back against mechanization. The principal objection of the Luddites was to the introduction of automated looms that could be operated by cheap, relatively unskilled labour, resulting in the loss of jobs for many skilled textile workers. The movement began in 1811 when mills and pieces of factory machinery were burned by handloom weavers, and for a short time was so strong that Luddites clashed in battles with the British Army. Measures taken by the British government to suppress the movement included a mass trial at York in 1812 that resulted in many executions and penal transportations.

The action of destroying new machines had a long tradition before the Luddites, especially within the textile industry. Many inventors of the 18th century were attacked by vested interests who were threatened by new and more efficient ways of making yarn and cloth. Samuel Crompton, for example, had to hide his new spinning mule in the roof of his house at Hall i’ th’ Wood in 1779 to prevent it being destroyed by the mob. In modern usage, ‘Luddite’ is a term describing those opposed to industrialization, automation, computerization or new technologies in general.

August 3, 2010

Anchor Baby

Anchor Baby

Anchor baby is a term used by immigration reductionists in the United States to describe a child born in the U.S. to illegal aliens. It is generally used as a derogatory reference to the supposed role of the child, who as a U.S. citizen through the legal principle of jus soli, may facilitate immigration for relatives through family reunification.

Family reunification, or family-based immigration, in the USA is a lengthy process and limited to categories prescribed by provisions of the Immigration and Nationality Act of 1965, which attempts to balance the right of a family to live together, or the right of a person to marry whomever he chooses, with the country’s right to control immigration. A sub-case of family reunification is marriage migration, where one spouse immigrates to the country of the other spouse. Marriage migration can take place before marriage, in which case it falls under its own special category, or it can take place after marriage, in which case it falls under family reunification laws.

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August 2, 2010

Morganatic Marriage

charles and diana

A morganatic [mor-ga-nat-ic] marriage is a type of marriage which can be contracted in certain countries, usually between people of unequal social rank, which prevents the passage of the husband’s titles and privileges to the wife and any children born of the marriage. It is also known as a left-handed marriage because in the wedding ceremony the groom holds his bride’s right hand with his left hand instead of his right.

Generally, this is a marriage between a male of high birth (such as from a royal or reigning house), and a woman of lesser status (such as from a non-royal or non-reigning house, or with a profession that is traditionally considered lower-status). Neither the bride nor any children of the marriage has any claim on the groom’s titles, rights, or entailed property. The children are considered legitimate on other counts and the prohibition of bigamy applies.

July 21, 2010

La Mexicaine De Perforation

lux

La Mexicaine De Perforation is a subdivision of a French group called the L’UX (Urban eXperiment), which holds clandestine artistic events. In September 2004, french police discovered a fully functional underground movie theatre run by La Mexicaine De Perforation in the catacombs of Paris.

When the police returned for a formal investigation, all the equipment had disappeared—all that was left was a note on the floor reading, ‘Do not search’ (‘Ne cherchez pas’). The members of L’UX are largely secret, but its spokesman is Lazar Kunstmann who published La Culture En Clandestins L’UX relating 25 years of clandestine cultural actions.

July 17, 2010

Fat Power

The fat acceptance movement (also known as the size acceptance movement, fat liberation movement, and fat power) is a grassroots effort to change societal attitudes towards obese people. The movement argues that overweight people are targets of hatred, discrimination, and undue social pressure. Critics worry that fat acceptance encourages obesitiy, which is linked to heart disease, diabetes, high blood pressure, and joint problems.

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July 9, 2010

Banksy

peace

Banksy is the pseudonym of a prolific British grafiti artist whose identity is still unknown. His artworks are often satirical pieces on topics such as politics, culture, and ethics. His street art, which combines graffiti writing and stenciling has been compared to Parisian graffiti artist Blek le Rat and members of the punk band Crass who maintained a graffiti stencil campaign on the London subway system in the late 1970s and early 1980s.

Banksy’s art has appeared in cities around the world. Art auctioneers have been known to attempt to sell his street art on location and leave the problem of its removal in the hands of the winning bidder. Banksy’s first film, Exit Through the Gift Shop, made its debut at the 2010 Sundance Film Festival.

June 29, 2010

Eve Teasing

eve teasing

Eve teasing is a euphemism used in India for public sexual harassment, street harassment or molestation of women by men, with Eve being a reference to the biblical Eve. It is a form of sexual aggression that ranges in severity from sexually suggestive remarks, brushing in public places, catcalls, to outright groping.