Wednesday, March 25, 2009

"The LORD shall be thy confidence"




(Around Tokyo, early spring and unknown, the photos all taken by EEE Reporter)


"The LORD shall be thy confidence"


(8,021 U.S. Bachelor's Degrees in Computer Science in 2007)


Yes, I watched TV until the bottom of the ninth inning of the Japan vs. Korea match in the World Baseball Classic being broadcast from Los Angeles over the Pacific Ocean.

Twenty minutes later or so, when I tried to check the outcome of the big event for almost all of the Japanese people, I found it was the bottom of the 10th inning. And, finally the Japanese national baseball team took on the Korean national team 5-3 owing to Ichiro’s drastic hit in the top of the 10th inning.

And, this morning, I have found that even The Washington Post is favorably-disposed toward Japan, probably because young Japanese baseball players, including MVP pitcher Matsuzaka, were showing happily big smiles unlike samurai-like Nomo, a retired Japanese MLB hero.

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/24/AR2009032400374.html?wprss=rss_sports/wires

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Who were those software engineers that contributed to business expansion on Wall Street until September 2008?

If Wall Street workers and billionaires had simply relied on a pen and paper, a pocket calculator and note books, IBM mainframe computers and DEC mini-computers only manipulated by specialists, or pre-Windows-era personal computers equipped with 8-bit or 16-bit processors, how could they have handled, even before September 2008, billions of dollars being divided and multiplied tens of hundreds times through thousands of combination with other financial items within, say, a few minutes before the Tokyo Market, the London Market, or the New York Stock Exchange was opened for the day.

So, let’s review one article on this issue written in September 2008.

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Wall Street's collapse may be computer science's gain
From IT to hedge funds and back again

By Patrick Thibodeau and Todd R. Weiss

September 26, 2008 (Computerworld) The collapse of Wall Street may help make computer science and IT careers attractive to students who abandoned these fields in droves after the pop of the last big bubble, the dot-com bust of 2001.

After the dot-com bust, computer science enrollments began declining. The number of bachelor's degrees in computer science awarded at 170 Ph.D.-granting institutions reached a low of 8,021 in 2007, down from 14,185 in the 2003-2004 academic year, according to the Computing Research Association (CRA) in Washington.

The dot-com era was a wonderful time to be young, computer-savvy and in search of stock-option riches. Wall Street poured billions of dollars into hundreds of companies that were making little or no money. For instance, Webvan Group Inc., a grocery delivery firm in Foster City, Calif., that was founded in 1997, had so much money that it bought a rival, HomeGrocer, in 2000 for $1.2 billion in stock. Webvan ended in Chapter 11 bankruptcy in 2001.

According to the U.S. Bureau of Labor Statistics, IT jobs are among the fastest growing. On the top of the bureau's list of fast-growing career areas is network systems and data communications analysts, which it is forecasting will grow from 262,000 jobs in 2006 to 402,000 jobs by 2008, a 53% increase. Computer software engineers, applications, is expected to increase from 507,000 to 733,000 or 45%; while computer scientists and database administrators will rise from 542,000 to 742,000, a 37% increase.

Randal Bryant, dean of the School of Computer Science at Carnegie Mellon University in Pittsburgh, said his school saw student applications drop to a low of 1,700 from a peak of 3,200 in 2001 at the end of the dot-com boom.

But the situation has been turning around in the past few years, with 2,300 applications coming in last year, he said.

Bryant said he expects that the troubles on Wall Street will likely influence some students to switch majors in the coming months from business to other fields, including computer science.


http://www.computerworld.com/action/article.do?command=viewArticleBasic&taxonomyName=Careers&articleId=9115616&taxonomyId=10&pageNumber=2
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Put simply, students who have any ability to learn and master any fraction of the computer technology wanted easy money to learn business and work on Wall Street; and thus they avoided learning true computer science and technical fundamentals.

They were at best making application programs for financial market use or usually amending and operating existing software and computer systems.

But, as Wall Street businesses have been firing tens of thousands computer-related and telecommunications-related jobs, students are now thinking about something not directly linked with easy and big money on Wall Street; and thus young people on campus are now starting to read some non-nonsense technical text books.

If you meet any young computer experts, I do really recommend you to ask them:
"What part of Windows OS have you designed and coded?"

Most of them have no ability to code any non-nonsense part of Windows OS while earning big money on Wall Street.

So, I have to say that those computer and Internet experts having worked on Wall Street in this decade are also responsible for this "Internet Age's Great Recession."

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By the way, I know every 2008 Presidential candidate received money from Wall Street during their campaign days.

Yet, nobody has ever pointed to the fact, identifying it as an unlawful act in light of the spirit of the American Constitution.

But, if any law enforcement authority indicted President Mr. Barack Obama, it is an ultimatum for Mr. Obama's glorious career, no matter if Mrs. Clinton and Mr. McCain had taken more from Wall Street.

This is a game ultimately governed by such a rule; if abruptly applied or condemned even after a long unspoken consensus by all the parties to neglect their mutual infringement, it is over for the one so named judicially and constitutionally.

It is so since judicial and constitutional authority is more important than a long unspoken consensus by all the parties to neglect their mutual infringement.




(La foi est plus que d'un sentiment que vous devez savoir sur moi, aussi, mon cher.

http://www.reedsburg.com/diane/boston.htm

Or for real sound listening: http://www.amazon.com/More-Than-Feeling-Album-Version/dp/B00136JL46   )




Pro 3:23 Then shalt thou walk in thy way safely, and thy foot shall not stumble.

Pro 3:24 When thou liest down, thou shalt not be afraid: yea, thou shalt lie down, and thy sleep shall be sweet.

Pro 3:25 Be not afraid of sudden fear, neither of the desolation of the wicked, when it cometh.

Pro 3:26 For the LORD shall be thy confidence, and shall keep thy foot from being taken.