Monday, July 11, 2011

Euro Finance Ministers Break As Greek PSI Plans Crumble | zero hedge

In other words, as Dow Jones reports, negotiations over participation of European banks in the Greek bailout at Eurofin meeting have broken down. That is all.

Ok fine, here is some more:

Euro-zone finance ministers have taken a break in their meeting in Brussels, after discussions revealed that a proposal mapped out for private-sector participation in Greece's next bailout may face impossible hurdles.

The ministers will reconvene after meeting with their country delegates.

In the June 19 Luxembourg meeting, leaders agreed on private-sector participation in the rescue, so long as it's voluntary, substantial and would not result in selective default.

"The voluntary is basically dead," said one euro-zone official.

Another official said: "They now see all three are not possible."
He was already separating himself from the strategy, adding: "We never thought it was a good idea," he said.

h/t London Dude

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Source: http://www.zerohedge.com/article/euro-finance-ministers-break-greek-psi-plans-crumble

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Book Review: Guerilla Home Recording ? How to Get Great Sound From ...

Introduction

I?ve been involved off and on with attempting to make music at home for close to 30 years now. I?ve also spent time (and a lot of money) in professional studios. I can get by with most things but I?m looking for something to improve the quality of my results. I asked for suggestions on a couple of forums, and one of the common answers was Karl Coryat?s book ?Guerilla Home Recording: How To Get Great Sound From Any Studio (No Matter How Cheap Or Weird Your Gear Is)?.

There was something particularly appealing to me about this book?s premise. I?ve got a load of gear. Some odd and some not. But most of my gear would be the stuff a professional studio or an aspiring engineer/producer would turn up their nose at.

I still felt that I hadn?t got anywhere near exploiting the capabilities of what I had. I needed something that was going to help me learn how to use what I?ve got, rather than telling me why I needed to spend four figure sums on a new microphone or suite of professional mastering plugins.

The topics covered

  • Chapter 1: Introduces the book and the principes behind the whole ?Guerilla Home Recording? thing.
  • Chapter 2: Some sound basics: dynamic range, frequency spectrum and EQ, signal:noise ratios.
  • Chapter 3: The signal chain: A run through the whole signal chain from top to bottom, including gain staging, microphone choices, DI, mixer inserts, pre and post sends, busses.
  • Chapter 4: Controlling dynamics: Expanders, compressors, noise gates, de-essing, plosives.
  • Chapter 5: The principles of separation and how to make sure each of your tracks gets the ?space? it deserves.
  • Chapter 6: Effects: Background info and a host of tips about how to effectively enhance your recordings.
  • Chapter 7: How to record almost anything.
  • Chapter 8: Humanising drums and MIDI: How to make sure your carefully crafted loops and MIDI parts don?t sound like a machine.
  • Chapter 9: Miscellaneous techniques: From punch in/out, automation, digital editing, pitch correction, reamping.
  • Chapter 10: Mixing and mastering.
  • Appendix A: Analog recording.
  • Appendix B: The ?Immersion Music Method?. A way of kick-starting creativity and hammering out a large number of songs in a short period of time, without getting hung-up on trying to perfect the small details.
  • Appendix C: Re-production. A suggestion that, to improve your abilities as a home producer, you undertake an exercise to completely replicate one of your favourite tracks.
  • Appendix D: Using your studio as part of a multimedia project.

What I liked

Right from the start there is a bit of a kick in the teeth for somebody like me ? someone with years of experience and a smattering of exposure to pro studios. Quite simply I was told to ?get over myself?. I?ve seen and heard what proper studios are like and I?m the classic wannabe. I?m trying to apply professional techniques to a cheap home studio and guess what? It sounds like a cheap home studio. To make a professional sounding recording with less than ideal tools needs a different approach. I?m going to have to forget some stuff.

Once I got over this initial scepticism, I began to get the point. There is a Machiavellian ?The ends justifies the means? logic going on here. Concentrate on what the end result sounds like. If you used a technique that a pro would frown at to get the result that you like, it doesn?t matter.

Then suddenly I?m into the meat of the book and delving into areas with which I was familiar but not competent. The two of these which I now see had the biggest detrimental impact on my recording quality, was a lack of understanding about the importance of gain staging at every step in the signal chain, and of the techniques to maximise dynamic range whilst still keeping a low signal to noise ratio. I?ve still got a lot to learn and, more importantly master, but this is area where I?ll be focusing my attention for my next couple of projects. This is also one area where, despite the book?s title, I think I may be needing to acquire an additional piece of gear. I?d not really thought about how a carefully used outboard expander/compressor could improve the quality of a recorded track.

While I?m still trying to get to grips with the nuggets in chapters 3 and 4, I?m suddenly plunged into chapters 5, 6 and 7, where the tips just come thick and fast to the point where it is almost overwhelming. I?ll just give you one example;

I come from a background of using effects in a guitar signal chain and had got into the mindset of using effects in a DAW in the same way; plug it in, tweak the settings, job done. I?ve long found that while a chorus can sound great on a bass part, it has a tendency to make the bottom end mushy and indistinct. Karl?s suggestion was to replicate/route the bass onto another track, use a high-pass filter to cut out the bottom end, apply 100% wet chorus to this and then blend it back in with the original bass track. My mind was officially and totally blown! Wait, I can use this approach to create a separate reverb or echo part and pan it exactly where I want. I could do the same thing with phase and flange. What would a uni-vibe sound like just applied to the low-mids of a vocal? I?ve no idea but I?m damn sure I?m going to give it a go to see.

What I didn?t like

To be frank, very little. The author?s preference is to use a fair amount of outboard gear and a real mixing desk, and this colours the book. My personal preference is to get everything into the DAW and then keep it wholly digital until the final mix and master. I?m not excluded but it stopped me feeling like the book was aimed exactly at me.

I didn?t find the sections on recording and humanising drum and MIDI parts to be particularly useful or tell me anything I didn?t already know, and the section on the ?Immersion Music Method? in Appendix B didn?t seem to fit with the rest of the book, but it was an interesting concept and exercise nonetheless.

Conclusion

When I first bought the book I had visions of reading through and then passing it on to a couple of friends. Having finished the book, that is not going to happen. This is a book that I?m going to keep by my side for a few years to come. I?m afraid my friends are going to have to get their own copy. There are a couple of sections I?m going to want to have on hand as a reference (particularly the stuff about gain staging, dynamic range, and the mix-down check-list). There are other parts (especially chapters 6 and 7) where the suggestions come so thick and fast, I?m going to be going back for inspiration and help for a long time to come.

If you?ve got some recording gear and are more interested in trying to make the best use of what you?ve got, instead of looking for a new ?silver bullet? piece of gear then I can?t recommend this book highly enough. And let me put this in context; the book cost about the same as two guitar mags. It is going to provide me with months (perhaps years) worth of inspiration, and it isn?t stuffed with adverts. Now that?s what I call value for money.

If you want a sneak preview of the book, the author Karl Coryat, has published the section on Compression at ProSoundWeb.

Source: http://damacleod.wordpress.com/2011/07/11/book-review-guerilla-home-recording-how-to-get-great-sound-from-any-studio/

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Mi2N.com - Digital Entertainment Spend Will Exceed $50bn By 2014

By 2014 consumer spend on digital content across video (including paid for online and pay TV VoD), gaming and music will reach nearly $52bn, accounting for 46% of total global spend across packaged and digital media. This compared with the 24% share in 2010, demonstrates that this $113bn industry is going digital.

"While packaged media is declining, it certainly isn't falling off a cliff," explained Futuresource Senior Analyst, Mai Hoang at this year's Futuresource Entertainment Summit. "The decline in packaged media across video, gaming and music has attracted a lot of debate regarding the future of entertainment content, but packaged media still plays a huge part in total sales. Combined with the availability of new platforms, digital and packaged media together will still achieve $112bn in revenue in 2014.

"In 2010, packaged video generated $42bn globally, and although decline is apparent in the video industry, packaged will continue to produce significant revenues in the coming years, with spend still at $33bn in 2014, accounting for 72% of total consumer spend."

Sell-through currently accounts for the majority of total revenues in packaged media, though rental plays its part, this trend is set to continue as Hoang revealed.

"2014 will see sell-through account for 70% of total physical video spend, of which Blu-ray contributes over 50%, compared to just 13% in 2010. Globally, DVD and Blu-ray rental is still significant, although popularity varies greatly between territories - in Japan, rental accounts for over half of total spend while in the European markets, rental barely accounts for 10% share."

While Blu-ray is gaining traction growth in the new format will not be enough to compensate for the decline in DVD. Any growth in the home entertainment industry will need to come from digital content distribution, though key challenges for digital video include the wide availability of other online content, in particular free content, and the ongoing consumption of illegal video.

"An estimated 400 billion videos were watched online last year in the US, most of which were viewed for free via services like YouTube and Hulu," said Hoang. "In Western Europe, paid for online video accounted for just 2% of total video spend and 5% in the US, but the market is gaining ground and expected to increase to 12% and 16% respectively by 2014."

In Western Europe Apple, Microsoft and Sony are the main contenders in the paid for online video market, while smaller service providers continue to fuel the competitive environment. As a result the market is hugely fragmented, with a variety of services offering very different business models. Objectives among online service providers also vary greatly and many services have struggled, with some exiting the market entirely over the last two to three years.

In conclusion, Hoang stated that a number of strategies are being trialled to build bridges between digital and physical content, including industry initiatives to push digital through bundling, experimentation with release windows and exclusive downloadable content.

"For digital, the online user experience needs to be as seamless and enjoyable as possible for the video industry to maximise the future opportunities and make this revenue stream really perform," said Hoang.

Source: http://mi2n.com/press.php3?press_nb=143848

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Top Personal Finance Software | Stha Pa Tya

Article by Indy

Individuals concerned with the management of their individual finances have been looking into personal finance software. What are the main advantages to utilizing personal finance software? It is a instrument that can help you realize future monetary goals by the use of the management of your finances today.

Listed below are the four best personal finance software today.

Quicken ? Quicken is renowned in the area of personal finance software. Quicken has been in this line of business for decades. They?ve been around since 1984 when their software was run on MS-DOS and they have been dominating ever since. Quicken Starter Edition 2009 is the software we are concerned about in this article. It is very easy to install, has a extensive banking section that will take care of all your banking reports and it comes with a host of financial calculators. For a yearly fee, you can upload your data onto a secure online server provided by the company. Our top pick of the lot.

Acemoney 3.10.1 ? Acemoney 3.10.1 is yet another stellar offering ont he market. A well thought out interface that makes it simple for beginners to get into. All the major languages are supported such as Chinese to French. Acemoney allows you to carry out bank transfers and deposits. It does not offer a great variety of tools but more than makes up for it buy its ease of use.

Moneydance 2008 ? Moneydance was initially an open source program. While having mroe features than most of its rivals, beginners might labor with the interface in the beginning. Like Acemoney, Moneydance allows syncing with your bank accounts. Bank transfers and deposits are easily done, as are online bill payments which is a free service. Moneydance works in all three major operating systems, Linux, MacOS and Windows.

Banktree Personal 2.0 ? Concluding off our list of personal finance software is Banktree Personal 2.0. It not only syncs with your bank accounts but enables the downloading of data from your account for your personal personal use. It has the standard features such as banking reports, payroll and budget creation. Online bill payment is offered but is not free. Only two financial calculators are available (mortgage, loan).

About the Author

Indy operates a finance based portal forextrading.my, as well as being a real estate agent for 15 years now, but his my true passion lies in marine aquariums. His website deals with many forms of investment such a the bonds market, stock trading, forex trading and mutual funds.

Financial Theory (ECON 251) This lecture gives a brief history of the young field of financial theory, which began in business schools quite separate from economics, and of my growing interest in the field and in Wall Street. A cornerstone of standard financial theory is the efficient markets hypothesis, but that has been discredited by the financial crisis of 2007-09. This lecture describes the kinds of questions standard financial theory nevertheless answers well. It also introduces the leverage cycle as a critique of standard financial theory and as an explanation of the crisis. The lecture ends with a class experiment illustrating a situation in which the efficient markets hypothesis works surprisingly well. 00:00 ? Chapter 1. Course Introduction 10:16 ? Chapter 2. Collateral in the Standard Theory 17:54 ? Chapter 3. Leverage in Housing Prices 33:47 ? Chapter 4. Examples of Finance 46:13 ? Chapter 5. Why Study Finance? 50:13 ? Chapter 6. Logistics 58:22 ? Chapter 7. A Experiment of the Financial Market Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Fall 2009.
Video Rating: 5 / 5

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Source: http://www.sthapatya09.com/top-personal-finance-software-2.html

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Sunday, July 10, 2011

Rebels face heavy attack as Gaddafi strikes back (Reuters)

DAFNIYA/AL-QAWALISH, Libya (Reuters) ? Rebel fighters in western Libya faced sustained artillery and rocket bombardment by forces loyal to Muammar Gaddafi for the fifth straight day on Saturday.

The attacks came after the Libyan leader staged shows of support in key cities in his area of control and threatened to strike his enemies at home and abroad.

Rebels in Misrata said the death toll in the coastal town had risen to seven from six, with at least 17 wounded, after a heavy attack by Gaddafi artillery the day before.

A Reuters team in the area said rebels were consolidating their frontline 36 km (23 miles) west of Misrata in the direction of the capital Tripoli, but were coming under heavy fire from artillery and truck-mounted Grad missile systems.

Rebels have advanced on two fronts against government forces in recent days, but troops have fought back.

After weeks of static fighting, the rebels have made significant advances this week: pushing west from Misrata to within 13 km (8 miles) of Zlitan, where large numbers of pro-Gaddafi forces are based, and seizing the village of Al-Qawalish in the southwest.

In a defiant speech late on Friday, Gaddafi threatened to export the war to Europe in revenge for the NATO-led military campaign against him, and to crush his enemies.

The "traitors" ranged against him in Libya and elsewhere will "fall under the feet" of the Libyan masses, he said.

In Tripoli and 800 km (500 miles) to the south in the desert town of Sabha, tens of thousands, swelled by representatives of the tribes of the region, had gathered for Friday prayers in what appeared to be an attempt to show that Gaddafi enjoys widespread support in the areas he still controls despite the rebel gains of recent weeks.

HEAVY FIRE

While the insurgents have advanced on two fronts, rebels in Misrata came under heavy artillery fire from Gaddafi's forces.

A rebel sympathizer told Reuters opposition forces had been moving closer to neighboring Zlitan, one of a chain of government-controlled towns blocking their advance to Tripoli.

As they advanced, pro-Gaddafi troops inside the city fired rounds of explosives to block their progress.

"The rebels are waiting for NATO backup or for Gaddafi forces to run out of ammunition to make a move to take the city center," he said.

NATO said its aircraft attacked a missile firing position at Tawurgha, south of Misrata, on Saturday. The missile site was hidden in farm buildings and being used to attack civilians, a statement from the alliance said.

In the Western Mountains region southwest of Tripoli, NATO warplanes bombed forces loyal to Gaddafi several times on Friday, their bombs landing about 3 km (2 miles) east of the village of Al-Qawalish, according to one rebel fighter.

Taking Al-Qawalish brings them closer to having control of a major highway into the capital.

(Additional reporting by Lamine Chikhi in Sabha, Joseph Nasr in Berlin, Tarek Amara in Tunis; Writing by Giles Elgood)

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/nm/20110709/wl_nm/us_libya

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Tufts Museum Studies | Vice President, Education and Family ...

[unable to retrieve full-text content]Partners with like-minded formal and informal learning institutions to develop and implement forward thinking early childhood content and programs. Leads research and evaluation of Museum experiences including working ...

Source: http://sites.tufts.edu/museumstudents/2011/07/08/vice-president-education-and-family-learning-please-touch-museum/

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Communications minister Ed Vaizey says US ISP piracy deal could ...

Communications minister Ed Vaizey US ISP website piracy UK

The top five US internet service providers (ISPs) have agreed with film and music producers to issue warnings to customers suspected of online piracy and to take action against repeat offenders.

Earlier in the week, UK communications minister Ed Vaizey said such an agreement would be a ?game-changer?. Vaizey said the US move could pave the way for the UK to clamp down on websites hosting pirated material.

The government is looking for a way to stop websites hosting pirated material or streaming live sporting events without permission. But UK ISPs have so far resisted attempts by copyright holders to pressure them into filtering content.

Although a huge step forward, the US deal stops short of cutting off internet connections to IP (internet protocol) addresses associated with repeat offenders, as has been demanded by content producers.

Instead, suspected pirates will receive up to six warnings, with the final notification accompanied by extra measures such as reduced transmission speeds until the users call the ISPs to discuss the matter or respond to educational material about copyright law, according to the Financial Times.

The ISPs say they believe most people who receive multiple warnings will stop using peer-to-peer networks to download unauthorised content. The ISPs point out that, in many cases, the subscribers are parents unaware of their children?s activities. But content providers have not ruled out taking legal action against the worst offenders.

Just days after Ed Vaizey said people have the right to earn money from the content they create, a report says illegally downloaded films in the UK has increased nearly 30% in the past five years. The report said illegal TV downloads has increased 33%.

Research by internet consultancy firm Envisional shows the five most popular films were illegally downloaded in the UK 1.4 million times last year. The top five most popular TV shows were illegally downloaded 1.24 million times , according to the BBC.

Film industry bosses say piracy is costing ?170m every year and putting thousands of jobs at risk.

The UK?s controversial Digital Economy Act, which seeks to curb online piracy as part of government efforts to stimulate the economy, makes provision to block access to websites.

But ISPs BT and TalkTalk are challenging the Digital Economy Act (DEA) in court, claiming the way they will be forced to police their networks will be unfair.

The initial challenge to the DEA and subsequent appeal have been rejected by the courts. But the ISPs are making a final attempt to repeal the DEA in October.

This entry passed through the Full-Text RSS service ? if this is your content and you?re reading it on someone else?s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. Five Filters featured article: Ten Years Of Media Lens ? Our Problem With Mainstream Dissidents.

Source: http://journaltec.com/2011/07/08/communications-minister-ed-vaizey-says-us-isp-piracy-deal-could-pave-way-for-uk.html

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