Wall St – not about investing but fixing the game

playing cards courtesy of Chance Agrella, photographer

photo courtesy of Chance Agrella, photographer

An article in the NY TImes today reports1 that NY Attorney General Schneiderman is pursuing various information providers, Thomson Reuters in the immediate case, for their practices of selling market sensitive information preferntially. Those paying a premium get information several minutes before its release to the general public. This is more evidence that Wall St (standing in here for the financial sector as a whole) is largely a fixed gambling racket. Not much different than a casino. Continue reading

  1. Regulators Examining Early Sales of Financial Data http://nyti.ms/12hDF3t []

Goodbye Mid-Hudson Cable – Verizon DSL and a Surprise

We pulled the plug on Mid-Hudson Cable (MHC) for our internet service a couple of weeks ago in favor of Verizon DSL service. I have written about MHC’s terrible service and misrepresentations earlier. Most recently here.

Being fortunate enough to live less than 17,000 ft1 from the Verizon office next to the Post Office, DSL is available to me. Through acquaintances I learned of their good luck with DSL. 

After the installation I ran a number of tests using the same test site, Speedtest.net,  that I have used to measure the bad performance of Mid-Hudson. This showed that Verizon is very consistently delivering 5.2 MB/sec download and 750KB/sec uploads with a ping of 50 millisecond. And, my continuing tests using Speedtest.net show that the service is consistent throughout the day. No more of the slow downs so common to the party line affair of cable internet services.

Though this is hardly world beating service2 the real surprise came from the impact of the fast ping speed.3

I use Skype videoconferencing for both business and family purposes. With MHC the ping regularly measured in the hundreds of milliseconds. This caused jittery or frozen video and chronic echoes in the audio. My first Skype conference with clients revealed great audio without echoes. I even abandoned by headset. Just using the microphone on the desktop gave me great sound and the frozen video are now a memory.4

  1. the current maximum distance from a switch office for DSL []
  2. the US is 13th in the world with South Korea at the top with an average 13.8MB/s download speed of []
  3. Ping is the time between the click of a mouse and the return of a packet of information from the host server to your web browser []
  4. Verizon logo used without permission []

Internet Service, the New York Times and Choice in the World of Mono-Duo-poly Capitalism

What Planet is the Times Orbiting?

Today’s New York Times editorial page included a piece titled “How Fast Is Your Broadband?“. It provides a reasonable review of the sad performance of the Internet service providers in the US. It is widely known that Internet service providers like Comcast, Time-Warner and locally Mid-Hudson Cable chronically provide significantly less than their advertising claims. Here in Hudson, NY Mid-Hudson claims “blazing speeds” of 5 MB/sec (download). Repeated measurements, now numbering over 280 in the last six months prove that they provide speeds 30% less than this mark. Service technicians from M-H have acknowledged that this is the typical service they provide.

Worse is that the latency frequently reaches 2 seconds instead of being under the 100 milliseconds that is commonly accepted as OK latency on the Internet.. This means that after your click your mouse on a link in a browser, you can literally count “1 Mississippi 2 Mississippi” before you get any response to your query. This latency disables common communications tools like VOIP telephone services and audio and video services via Skype or Google. Continue reading