From Harvard Biz Publishing, The Daily Stat:  	
SEPTEMBER 9, 2009
Sky-High Wi-Fi
76% of frequent fliers would switch airlines in order to have Wi-Fi access in the air,
according to a new survey by Wakefield Research and the Wi-Fi Alliance. 71% would prefer
Wi-Fi over a meal, and 55% would change their travel plans by a day to avoid being out of
touch during the flight. 94% say Wi-Fi is "the best thing airlines have done" in
the last three years.

I always pick the rival bridge.

"In`´fra
adv.	1.	Below; beneath; under; after; - often used as a prefix."

Canadian Regulators Send Another Love Letter To Bell Canada
Allows telco to double dip wholesale competitors...
03:05PM Wednesday Aug 12 2009

on China and the dollar.  My amateur analysis.  

1).  Chinese are exporting goods to the US, importing dollars back into China, and then
piling those dollars up rather than using them to buy US goods (thus preventing their
currency from rising).  Result is a growing stock of dollars that can basically be seen as
a big bucket pent-up currency adjustment.

2).  Put another way, there is a growing but unrecognized loss of value in their dollar
holdings sort've like an unrecognized loan loss at a bank.  That loss will either flow
through directly via exchange rates or indirectly via inflation (which will also feed
through to exchange rates eventually).

3).  Can't keep this up indefinitely, but pain of un-doing it gets larger and larger as
that stock of dollars increases so paradoxically their incentive to avoid that pain grows.

4).  The best outcome for the Chinese is moderate US inflation, which would depreciate the
real-money value of that stock of dollars in a fairly painless and non-transparent way. 
Much better than a sharp currency movement.  Happily, this is probably also the best
outcome for the US.
 

CONCLUSION:  the Chinese HAVE to keep buying US debt to keep the RMB down and support
their export economy.  Longer-term, the best outcome for the Chinese is to shift toward
domestic consumptions and gradually appreciate the RMB through the indirect mechanism of
moderate US inflation.  At the end of that, the stock of dollars they have built up are
worth a lot less in real terms than they paid for them but hopefully the same in nominal
terms and the net loss to the country isn't noticeable in the midst of a big Chinese
consumer boom.  Meanwhile the US economy shifts (on the margin) away from consumption and
toward export as a result of dollar depreciation in real terms and a resulting shift in
terms of trade.  Meanwhile, US consumer purchasing power declines on a relative basis via
inflation/currency adjustment.  this is a bummer but it is a lot better than wage and
price deflation to achieve the same end.

200 million people.  0-14 years: 26.7% (male 27,092,880/female 26,062,244)

15-64 years: 66.8% (male 65,804,108/female 67,047,725)

65 years and over: 6.4% (male 5,374,230/female 7,358,082) (2009 est.)

Thursday: Mostly sunny, with a high near 63. Breezy, with a 
east wind between 22 and 25 mph. 

Thursday Night: A chance of showers, mainly after midnight. Mostly cloudy, with a low
around 58. Breezy, with a east wind between 16 and 21 mph. Chance of precipitation is 40%.
New rainfall amounts of less than a tenth of an inch possible.

Friday: Showers likely. Cloudy, with a high near 68. East wind between 15 and 18 mph.
Chance of precipitation is 70%. New rainfall amounts between a tenth and quarter of an
inch possible.

Friday Night: Showers likely, mainly before 1am. Cloudy, with a low around 62. East wind
between 8 and 10 mph, with gusts as high as 21 mph. Chance of precipitation is 70%. New
rainfall amounts between a tenth and quarter of an inch possible.

Saturday: A chance of showers. Cloudy, with a high near 66. Chance of precipitation is
40%. New rainfall amounts of less than a tenth of an inch possible