Michael Heilemann.
If you have Dunstan's Time Since installed, this plugin uses it for the title="" attributes on the comments and posts. (For WordPress 1.5) Author: Brian Meidell Author URI: http://meidell.dk/ Version 1.5: Now works without LOCK TABLE and CREATE TEMPORARY TABLE priviledges. Version 1.5.1: Can't remember what I did here Version 1.5.2: Fixed count select statement to not include spammy comments Version 1.5.3: Properly excludes track- and pingbacks Version 1.5.4: Excludes posts that are not published, even if they have comments Version 1.5.5: Fade old comments, fixed bug that wreaked havoc with Time Since Version 1.5.6: Bugfix from Jonas Rabbe (http://www.jonas.rabbe.com/) pertaining to timesince Version 1.5.7: Bugfix so old colors can be darker than new colors (stupid oversight), thanks to http://spiri.dk for spotting it. Bugfix where single digit hex would cause invalid colors, thanks to http://www.wereldkeuken.be/ for the fix. Version 1.5.8: Updated to work with WordPress 2.1 alpha by M. Heilemann. */ function blc_latest_comments($num_posts = 5, $num_comments = 6, $hide_pingbacks_and_trackbacks = true, $prefix = "
  • ", $postfix = "
  • ", $fade_old = true, $range_in_days = 10, $new_col = "#444444", $old_col = "#cccccc") { global $wpdb; function clamp($min, $max, $val) { return max($min,min($max,$val)); } $usetimesince = function_exists('time_since'); // Work nicely with Dunstan's Time Since plugin (adapted by Michael Heilemann) // This is compensating for the lack of subqueries in mysql 3.x // The approach used in previous versions needed the user to // have database lock and create tmp table priviledges. // This uses more queries and manual DISTINCT code, but it works with just select privs. if(!$hide_pingbacks_and_trackbacks) $ping = ""; else $ping = "AND comment_type<>'pingback' AND comment_type<>'trackback'"; $posts = $wpdb->get_results("SELECT comment_post_ID, post_title FROM ($wpdb->comments LEFT JOIN $wpdb->posts ON (comment_post_ID = ID)) WHERE comment_approved = '1' AND $wpdb->posts.post_status='publish' $ping ORDER BY comment_date DESC;"); $seen = array(); $num = 0; if($fade_old) { $max_time = $range_in_days * 24 * 60 * 60 ; $r_new = hexdec(substr($new_col, 1, 2)); $r_old = hexdec(substr($old_col, 1, 2)); //$r_min = min($min, $max); //$r_max = max($min, $max); $r_range = ($r_old-$r_new); $g_new = hexdec(substr($new_col, 3, 2)); $g_old = hexdec(substr($old_col, 3, 2)); //$g_min = min($min, $max); //$g_max = max($min, $max); $g_range = ($g_old-$g_new); $b_new = hexdec(substr($new_col, 5, 2)); $b_old = hexdec(substr($old_col, 5, 2)); //$b_min = min($min, $max); //$b_max = max($min, $max); $b_range = ($b_old-$b_new); } // print "ranges: $r_range, $g_range, $b_range
    "; // print "r: ".(0.5*$r_range+$r_new)."
    "; foreach($posts as $post) { // The following 5 lines is a manual DISTINCT and LIMIT, // since mysql 3.x doesn't allow you to control which way a DISTINCT // select merges multiple entries. if(array_key_exists($post->comment_post_ID, $seen)) continue; $seen[$post->comment_post_ID] = true; if($num++ > $num_posts) break; $commenters = $wpdb->get_results("SELECT *, UNIX_TIMESTAMP(comment_date) AS unixdate FROM $wpdb->comments WHERE comment_approved = '1' AND comment_post_ID = '".$post->comment_post_ID."' $ping ORDER BY comment_date DESC LIMIT $num_comments;"); $count = $wpdb->get_var("SELECT COUNT(comment_ID) AS c FROM $wpdb->comments WHERE comment_post_ID = $post->comment_post_ID AND comment_approved = '1' ".$ping); $i = 0; $link = get_permalink($post->comment_post_ID); if($usetimesince) $title = " title=\"Last comment was ".time_since($comment->unixdate)." ago\""; else $title = ""; echo $prefix."".stripslashes($post->post_title). "  ".$count."
    \n"; foreach($commenters as $commenter) { if($usetimesince) $title = " title=\"Posted ".time_since($commenter->unixdate)." ago\""; if($fade_old) { $diff = time() - $commenter->unixdate; $r = round($diff/$max_time*($r_range))+$r_new; $r = clamp(min($r_new, $r_old), max($r_new, $r_old), $r); $g = round($diff/$max_time*($g_range))+$g_new; $g = clamp(min($g_new, $g_old), max($g_new, $g_old), $g); $b = round($diff/$max_time*($b_range))+$b_new; $b = clamp(min($b_new, $b_old), max($b_new, $b_old), $b); $r_hex = str_pad(dechex($r), 2, '0', STR_PAD_LEFT); $g_hex = str_pad(dechex($g), 2, '0', STR_PAD_LEFT); $b_hex = str_pad(dechex($r), 2, '0', STR_PAD_LEFT); $colstr = " style=\"color: #".$r_hex.$g_hex.$b_hex.";\""; } if($i++ > 0) echo ", "; echo "comment_ID."\"$title>".stripslashes($commenter->comment_author).""; } if($count > $num_comments) echo " [...]"; echo "".$postfix."\n"; } } ?> Subprime is a Fancy Word for Too Much Debt | Pluranomics.com

    Small silhouette of Doug Wolkon WELCOME TO PLURANOMICS, THE ECONOMICS OF MANY.

    Subprime is a Fancy Word for Too Much Debt

    This post is a response to What's So Special About the Subprime Mess? by Stephen J. Dubner on the New York Times Freakonomics Blog.

    Subprime is a fancy word for too much debt. Adam Smith would actually say that housing over and above shelter has no utility value. If that is true, we are in for some serious additional write downs (think second homes).

    On another note, Subprime could have worked if the loans stayed true to their risk and were made at “loan shark” type rates (5% “money-down” should have warranted a 20% rate; instead we were lending it at 7-10%). As a result, we were only realizing less return on a greater expense in the form of lower and lower investment rates (Menger, Say, Smith, Jevons and others), but more risk. At the end of the day, its all about (un)employment. As the construction industry (contractors will contract), related materials (steel, wood, etc.), autos (Detroit is the worst economy in the country) and financial services (the mortgage industry will certainly downsize) are forced to lay employees off (that is what happens whey your company loses a billion dollars, but the crains are still in the sky adding to supply and falsely buoying employment), we will be forced to find new jobs elsewhere for these people or we will surely have a recession, depression or whatever you want to call it.

    Unemployment only leads to more unemployment as production and consumption fall back into equilibrium. That will be the critical question. Where will the new jobs come from to keep up production and consumption or employment and trade? Its all about renewable energy.

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    comment_status) && ('open' == $post->ping_status)) : // Comments and trackbacks open ?> comment_status) && ('open' == $post->ping_status)) : // Only trackbacks open ?> comment_status) && !('open' == $post->ping_status)) : // Only comments open ?> comment_status) && !('open' == $post->ping_status)) : // Comments and trackbacks closed ?> ", ""); ?>

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