Real Time Payments Network

The clearing house has released business principles that outline the operation of the real time payments (RTP) Network. A full set of guidelines is here. These are important inasmuch as they set out key points, among them most importantly: TCH runs the RTP network as a utility for the benefit of the industry and RTP fees shall continue to be flat for all participants regardless of size, and shall not include volume discounts or minimum volume requirements. It does though, contains a super-clause, which is typical of the monopolistic “free market” here in America. In an effort to restrain competition, … Continue reading Real Time Payments Network

‘Facebook can’t be trusted’

New Zealand’s Privacy Commissioner John Edwards (@jce_pc), was interviewed this morning on NPR by Rachel Martin. Edwards criticized Facebook after last month’s attacks on two mosques in Christchurch were live-streamed on Facebook. It was a refreshing interview with a politician who doesn’t have all the answers, and knows it’s not his job to come up with them. He is also not beholden to big tech financing, as a New Zealand politician. Equally Edwards was clear where the blame and responsibility lay. The whole interview is well worth listening to, but Edwards rightly pointed out we have a platform that has … Continue reading ‘Facebook can’t be trusted’

Residential Parking Permit Programs

This is bound to come up here in #louisvilleCO sometime, given the city wants to expand downtown, and doesn’t have a parking solution. Back in my old town, Austin Texas, it’s still a thing. I read this excellent blog post by Meghan Skornia. I’d like to have commented on her blog directly, sadly it requires a facebook ID, which regular readers will know, I don’t have anymore. I tried to reply via twitter but it was typo-ridden and out of sequence. So, here it is with corrections. I lived on the 600-block of W Johanna St for 10-years. The block … Continue reading Residential Parking Permit Programs

Paranoimia

No, this isn’t a political post, it’s a blatant attempt to launch myself into the ring tone provider market(not!) As I continue to ramble, sometimes alphabetically, through my 2000+ vinyl album collection, this had been sitting staring at me. Vinyl to digital: I didn’t really remember much about this album, except of course that it contained the track that begat MAX Headroom. It’s actually much better than I remembered, electro/acid/jazz in many places. https://t.co/yBIE9yTWTu — Mark Cathcart (@cathcam) April 3, 2019 It cleaned up nicely, and after editing, the tonality seemed pretty good. I’ve done a few personal ringtones before, … Continue reading Paranoimia

Stock buybacks rule – Tax breaks enable

As predicted, not by the tweeter in chief, but by almost anyone who understands big companies and executive, stock buybacks hit an all time high in 2018 and are likely to be higher again in 2019. This is a big deal, companies that buyback their stock, are reducing the number of shares available on the market. That generally means the share price goes up. Share prices are often one of the main ways executives are measured, their bonuses are usually dependant on the share price. Also, because the price of each share goes up, it makes it harder for lower … Continue reading Stock buybacks rule – Tax breaks enable

It’s Friday: The Soul Jazz Funk of Kudu

Hey, it’s Friday, I’m going to post a mix every Friday now of music that I like. At least for now, I’ll be posting link to other peoples mixes, but my aim is start putting together my own. As I continue through my “Vinyl to Digital” project, I’ve be listening to some great jazz. So my mix for this week. Continue reading It’s Friday: The Soul Jazz Funk of Kudu

Cyclists and Pedestrians generate more income for a town

This Forbes article came up again recently. My hometown, Louisville CO, is still struggling with how to incentivise redevelopment downtown, following the “collapse” of their parking garage initiative run for the city by the Louisville Revitalization Commission (LRC). I even applied for a vacant seat on the LRC, which I didn’t get. Better that than being one of those people who just complain at every opportunity. I’ve encouraged the Mayor and Councillors to do more to make it easy for people that could get downtown without using private cars, to do so. Disappointingly, nothing has happened in the 3-years I’ve … Continue reading Cyclists and Pedestrians generate more income for a town

El Chapo’s Downfall? It’s really not that important.

Review of Don Winslow @donwinslow article in the current issue of Vanity Fair. I know next to nothing about Mexican Drug cartels, so this was a fascinating read. Among the things I learnt was Unlike the Mafia, the Mexican cartels encourage their members who have been arrested to tell everything they know if they can cut a deal for a shorter sentence—all they are obliged to do is relay what they’ve given up to defense attorneys, who then pass the information on so the cartels can make the necessary adjustments. For more on the operation of the Sinaloa cartel; and … Continue reading El Chapo’s Downfall? It’s really not that important.