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		<title>Velocity 2010: Continuous Deployment</title>
		<link>http://simplicitas.wordpress.com/2010/07/07/velocity-2010-continuous-deployment/</link>
		<comments>http://simplicitas.wordpress.com/2010/07/07/velocity-2010-continuous-deployment/#comments</comments>
		<pubDate>Wed, 07 Jul 2010 09:05:50 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
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		<guid isPermaLink="false">http://cliftonsnyder.net/?p=150</guid>
		<description><![CDATA[One of the things that I found really interesting at Velocity 2010 was the prevalence of the use of continuous deployment. I know I&#8217;ve mentioned the Facebook operations talk previously, but it&#8217;s worth mentioning again as a good example of this. In it, Tom Cook &#8211; a Facebook engineer (sorry, couldn&#8217;t find a link for [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=150&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>One of the things that I found really interesting at Velocity 2010 was the prevalence of the use of <strong>continuous deployment</strong>. I know I&#8217;ve mentioned the <a title="A Day in the Life of Facebook Operations" href="http://www.youtube.com/watch?v=T-Xr_PJdNmQ">Facebook operations talk</a> previously, but it&#8217;s worth mentioning again as a good example of this. In it, Tom Cook &#8211; a Facebook engineer (sorry, couldn&#8217;t find a link for Tom) &#8211; talks about about deploying code at least daily, with feature releases once a week. This flies in the face of the &#8220;deploy every 2-3 months&#8221; model that I&#8217;m familiar with. It <em>also </em>requires significantly more developer involvement, with the developer doing the actual deploy and sticking around to support it rather than throwing it over the wall to ops to put in place once the QA cycle is complete.</p>
<p>So, how is this accomplished? Well, without getting into the technical details of the tools they use (watch the video! really!), it essentially demonstrates a completely different culture than a &#8220;quarterly installs&#8221; sort of model. Obviously, this sort of thing can&#8217;t work in a &#8220;get every level of management to authorize the install in triplicate&#8221; shop. It requires a <a title="Velocity 2010: DevOps" href="http://cliftonsnyder.net/?p=129">DevOps</a>-y sort of environment where there is a tight integration between the folks who know the code and the folks who understand the systems its running on.  It requires what I heard referred to at the conference as a strong &#8220;immune system&#8221; &#8211; basically, a set of tools (<a title="Velocity 2010: Change Management" href="http://cliftonsnyder.net/?p=133">change management</a>, anyone?) and a communication structure that affords a high degree of confidence that a particular install is (a) unlikely to break anything, and (b) can be rolled back quickly with minimal impact if it goes haywire.</p>
<p>I was a bit skeptical of this sort of thing at first, but <a title="John Allspaw" href="http://www.kitchensoap.com/">John Allspaw</a> said something in his <a title="Ops Meta-Metrics" href="http://www.slideshare.net/jallspaw/ops-metametrics-the-currency-you-pay-for-change">Ops Meta-Metrics</a> session that really resonated with me. He said (paraphrasing): &#8220;As an &#8216;ops guy&#8217;, I prefer smaller changes more often to big changes less often. Taken to it&#8217;s extreme, consider this: what if the change is only 5 lines of code? Does that feel safer? &#8230;because it should.&#8221; A light turned on inside my head when I heard that. It&#8217;s not about deploying fast &#8220;because we can&#8221;; it&#8217;s about deploying fast <em>because it&#8217;s the safest thing to do</em>.</p>
<p>Another interesting thing about this is the sorts of deployment models that can be used to mitigate impact if a 5-line code change <em>does </em>happen to break something. One of the most prevalent: not deploying code changes to all at once. Why not deploy it on a handful of servers &#8211; or on every server, but with the feature/change/bug-fix only &#8220;turned on&#8221; for a handful of users? In essence, why not use a relatively small portion of your userbase as unwitting beta testers for your change? <a title="Paul Hammond" href="http://www.paulhammond.org">Paul Hammond</a> gave some interesting examples of how to handle this sort of deployment <em>inside the code itself </em>in his <a title="Always Ship Trunk" href="http://www.paulhammond.org/2010/06/trunk/alwaysshiptrunk.pdf">Always Ship Trunk</a> session.</p>
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		<title>Velocity 2010: Instrumentation &amp; Metrics</title>
		<link>http://simplicitas.wordpress.com/2010/07/06/velocity-2010-instrumentation-metrics/</link>
		<comments>http://simplicitas.wordpress.com/2010/07/06/velocity-2010-instrumentation-metrics/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 12:55:19 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
				<category><![CDATA[conference]]></category>
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		<guid isPermaLink="false">http://cliftonsnyder.net/?p=144</guid>
		<description><![CDATA[Whether Instrumentation &#38; Metrics was the focus of the talk or just a portion of what was covered by the speaker, two major rules of thumb seemed to present themselves: &#8220;Instrument everything.&#8221; Collect as much data about as many things as you can. If it reports, collect it and store it. If it doesn&#8217;t report, make [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=144&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>Whether <strong>Instrumentation &amp; Metrics </strong>was the focus of the talk or just a portion of what was covered by the speaker, two major rules of thumb seemed to present themselves:</p>
<p><strong>&#8220;Instrument <em>everything</em>.&#8221; </strong>Collect as much data about as many things as you can. If it reports, collect it and store it. If it doesn&#8217;t report, <em>make </em>it report. And store it. Make sure you keep around as much historical data as you feasibly can. &#8220;But Cliff,&#8221; I hear you asking, &#8220;won&#8217;t you just end up with a whole pile of data that doesn&#8217;t really mean anything and just takes up disk space.&#8221; Well, read on, because that brings me to the second rule of thumb:</p>
<p><strong>&#8220;Data <em>ain&#8217;t </em>information!&#8221; </strong>(Direct quote from a <a title="Data ain't information!" href="http://assets.en.oreilly.com/1/event/44/Hidden%20Scalability%20Gotchas%20in%20Memcached%20and%20Friends%20Presentation.pdf">talk</a> on modeling and metrics). So&#8230;what does it mean? Well, a couple of things. One of the speakers who gave the presentation linked above would have you believe that data + a <em>model </em>is information. Modeling is critical in that it may allow you to extrapolate information from data points that would be otherwise meaningless. Note that I said <em>may</em>; as this presenter noted, &#8220;Data is from the devil, models are from God,&#8221; in a nod to the fact that real-world data rarely adheres to the nice, uniform curve generated by the model.</p>
<p>The other piece to this is an emphasis on the importance of visualization &#8211; i.e., understanding key metrics and how to display them such that interesting/important trends are elucidated. Some examples of this were given in the <a title="Ops Meta-Metrics" href="http://www.slideshare.net/jallspaw/ops-metametrics-the-currency-you-pay-for-change">Ops Meta-Metrics</a> talk, in which <a title="John Allspaw" href="http://www.kitchensoap.com/">John Allspaw</a> demonstrated that code installs and service downtime don&#8217;t always have a 1-to-1 correlation&#8230;but you will never know that if you don&#8217;t track both of those metrics <em>and </em>understand how important it is to compare them over time.</p>
<p>As a side note on metric monitoring, one of the really cool tools people were talking about at the conference was <a title="cucumber-nagios" href="http://auxesis.github.com/cucumber-nagios/">cucumber-nagios</a>, a monitoring tool that allows you to specify configs in natural language. Slick!</p>
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		<title>Velocity 2010: Change Management</title>
		<link>http://simplicitas.wordpress.com/2010/07/06/velocity-2010-change-management/</link>
		<comments>http://simplicitas.wordpress.com/2010/07/06/velocity-2010-change-management/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 10:00:11 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
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		<guid isPermaLink="false">http://cliftonsnyder.net/?p=133</guid>
		<description><![CDATA[Change Management was another huge theme at the conference. I actually heard more than one speaker say something to the effect of &#8220;If you don&#8217;t have change management in place in some form, you should leave the conference right now, put it in place, and then come back.&#8221; Developers (almost) always have some manner of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=133&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><strong>Change Management</strong> was another huge theme at the conference. I actually heard more than one speaker say something to the effect of &#8220;If you don&#8217;t have change management in place in some form, you should leave the conference <em>right now</em>, put it in place, and then come back.&#8221; Developers (almost) always have some manner of change management in place &#8211; source control, peer review, approval processes, release schedules, etc. &#8211; in order to&#8230;errm&#8230;manage changes to the codebase on which they are working. &#8230;but what about the systems &#8211; the machines in which that code is running? &#8230;and why is that important? Why isn&#8217;t it okay to have a sysadmin fire up emacs, slam in a config change, and send out an email saying &#8220;all&#8217;s well&#8221;?</p>
<p>Well&#8230;let me give a non-tech example here. Let&#8217;s say you took your car to the mechanic. He takes a look-see at it, sort of twiddles about a bit, and hits you with a bill for a few hundred bucks. (I realize that this is almost <em>exactly </em>how most folks&#8217; visits to the mechanic go, but bear with me here). Now suppose he can&#8217;t tell you exactly what he did or document it in any way, but it&#8217;s running so &#8220;we&#8217;re good, right?&#8221; Oh&#8230;and suppose he tells you that your car may or may not start the next time you turn the key; &#8220;Just bring &#8216;er on back and we&#8217;ll have another look!&#8221; How comfortable would you be with the arrangement?</p>
<p>Okay, so the car analogy doesn&#8217;t carry over so well (and is rather unfair to sysadmins, I might add)&#8230;but I can tell you that I&#8217;ve seen this sort of thing happen in the datacenter many a time. As a Linux admin, I was <em>terrified </em>of rebooting machines, largely due to the inverse relationship between the uptime of a system and the likelihood of it actually coming back up correctly after a reboot. Having a change management tool like <a title="Chef" href="http://wiki.opscode.com/display/chef/Home">Chef</a> (very cool; demoed at the conference), <a title="cfengine" href="http://www.cfengine.org/">cfengine</a>, <a title="puppet" href="http://www.puppetlabs.com/">puppet</a> &#8211; pick your poison &#8211; backed by version control (of course) is a means of raising the level of confidence about changes being made to systems.</p>
<p>Oh, and how about auditing? Suppose your method for determining what&#8217;s going on with your systems is to walk around to all the sysadmins who might have touched Machine 7 of 3,956 and ask politely &#8220;Have you changed anything on this sum&#8217;bitch in the past decade?&#8221; Repeatability? &#8220;Can you build Machine 3,957 and make it look just like Machine 7?&#8221; <a title="Cover Your Ass" href="http://en.wikipedia.org/wiki/Cover_your_ass">CYA</a> during a postmortem witch hunt? &#8220;<em>Prove </em>to me that you didn&#8217;t have a hand in bringing down our production database this afternoon.&#8221; A good change management system goes a step beyond the typical &#8220;get all of management to sign off  on the change before putting it in&#8221; approach. Just a few of the reasons for implementing change management.</p>
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		<title>Velocity 2010: DevOps</title>
		<link>http://simplicitas.wordpress.com/2010/07/06/velocity-2010-devops/</link>
		<comments>http://simplicitas.wordpress.com/2010/07/06/velocity-2010-devops/#comments</comments>
		<pubDate>Tue, 06 Jul 2010 09:59:02 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
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		<guid isPermaLink="false">http://cliftonsnyder.net/?p=129</guid>
		<description><![CDATA[DevOps &#8211; summarised reasonably concisely here &#8211; can be briefly summed up as &#8220;tighter integration between devs and ops&#8221;. For those of you not in a technical field, pay special attention to the &#8220;siloisation&#8221; section; I&#8217;d wager that anyone who works for a large company in any has seen this sort of &#8220;us vs. them&#8221; [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=129&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><strong>DevOps</strong> &#8211; summarised reasonably concisely <a title="What Is This Devops Thing, Anyway?" href="http://www.jedi.be/blog/2010/02/12/what-is-this-devops-thing-anyway/">here</a> &#8211; can be briefly summed up as &#8220;tighter integration between devs and ops&#8221;. For those of you not in a technical field, pay special attention to the &#8220;siloisation&#8221; section; I&#8217;d wager that anyone who works for a large company in <em>any </em>has seen this sort of &#8220;us vs. them&#8221; mentality between departments/divisions. The idea behind DevOps is to foster more of a &#8220;we&#8217;re all on the same team&#8221; sort of mindset.</p>
<p>I&#8217;d go so far as to say the DevOps was <em>the </em>theme at the conference. The entire three days were essentially a pep rally designed to promote making things &#8220;fast by default&#8221; not only by using whiz-bang technologies and tweaking your code, but also by culture change within and among IT organizations. (Note: <a title="DevOps Day" href="http://www.devopsdays.org/2010-us/">DevOps Day</a> &#8211; which I was unable to attend &#8211; took place on the Friday after Velocity 2010  in Mountain View and was mentioned several times by the presenters.)</p>
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		<title>Velocity 2010</title>
		<link>http://simplicitas.wordpress.com/2010/07/06/velocity-2010/</link>
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		<pubDate>Tue, 06 Jul 2010 09:58:02 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
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		<guid isPermaLink="false">http://cliftonsnyder.net/?p=112</guid>
		<description><![CDATA[Okay, so I&#8217;d meant to do a day-by-day breakdown of Velocity 2010, but [insert lame excuse here], so&#8230;I didn&#8217;t. However, now that I&#8217;ve had a week or so to &#8220;let it simmer&#8221;, I&#8217;d like to sum up a few of the major themes and undercurrents from the conference. Note that the conference was roughly divided [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=112&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>Okay, so I&#8217;d meant to do a day-by-day breakdown of <a title="Velocity 2010" href="http://en.oreilly.com/velocity2010">Velocity 2010</a>, but <em>[insert lame excuse here]</em>, so&#8230;I didn&#8217;t. However, now that I&#8217;ve had a week or so to &#8220;let it simmer&#8221;, I&#8217;d like to sum up a few of the major themes and undercurrents from the conference. Note that the conference was roughly divided into three flavors of discussion &#8211; &#8220;Ops&#8221;, &#8220;Web Performance&#8221;, and &#8220;Culture&#8221;. Of course, being an &#8220;ops guy&#8221; I focused on the ops-related sessions and tried to fit in as much of the &#8220;culture&#8221; as I could. (<a title="A Day in the Life of Facebook Operations" href="http://www.youtube.com/watch?v=T-Xr_PJdNmQ">A Day in the Life of Facebook Operations</a> was one of the best talks given, imo, and really touches on a lot of the themes I&#8217;m about to talk about below. If you watch no other video from Velocity 2010, watch this one.)</p>
<p>I was going to sum all of it up in one post, but I decided to break it out by theme rather than taking the &#8220;wall of text&#8221; approach. Hopefully, I&#8217;ll get all of it posted in the next couple of days here.</p>
<ul>
<li><a title="DevOps" href="http://cliftonsnyder.net/?p=129">DevOps</a></li>
<li><a title="Change Management" href="http://cliftonsnyder.net/?p=133">Change Management</a></li>
<li><a href="http://cliftonsnyder.net/?p=144">Instrumentation &amp; Metrics</a></li>
<li><a title="Continuous Deployment" href="http://cliftonsnyder.net/?p=150">Continuous Deployment</a></li>
<li>Cloud</li>
<li>Tools</li>
<li>K-V Stores, memcached, etc.</li>
</ul>
<p>[edit: I was a bit remiss in not posting <a title="O'Reilly Velocity Conference" href="http://velocityconference.blip.tv/">this link</a> to a collection of videos on <a title="blip.tv" href="http://blip.tv">blip.t</a>v of most (all?) of the talks given at Velocity 2010]</p>
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		<title>Velocity 2010: Day 0</title>
		<link>http://simplicitas.wordpress.com/2010/06/22/velocity-2010-day-0/</link>
		<comments>http://simplicitas.wordpress.com/2010/06/22/velocity-2010-day-0/#comments</comments>
		<pubDate>Tue, 22 Jun 2010 14:26:50 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
				<category><![CDATA[conference]]></category>
		<category><![CDATA[tech]]></category>
		<category><![CDATA[velocityconf]]></category>

		<guid isPermaLink="false">http://cliftonsnyder.net/?p=108</guid>
		<description><![CDATA[Travel to Velocity 2010 was uneventful &#8211; the usual set of airport mishaps (flight delays, gates on the other side of the world) &#8211; and about 12 hours, all told. My cab shows up in a half hour or so to take me to the hotel where the conference is being hosted. Looking forward to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=108&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>Travel to <a title="Velocity 2010" href="http://en.oreilly.com/velocity2010">Velocity 2010</a> was uneventful &#8211; the usual set of airport mishaps (flight delays, gates on the other side of the world) &#8211; and about 12 hours, all told. My cab shows up in a half hour or so to take me to the hotel where the conference is being hosted. Looking forward to day 1.</p>
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		<title>A New Look</title>
		<link>http://simplicitas.wordpress.com/2010/06/19/a-new-look/</link>
		<comments>http://simplicitas.wordpress.com/2010/06/19/a-new-look/#comments</comments>
		<pubDate>Sat, 19 Jun 2010 15:59:16 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
				<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://cliftonsnyder.net/?p=104</guid>
		<description><![CDATA[I went ahead and upgraded to WordPress 3.0. Love the new default style it came with; maybe it&#8217;ll inspire me to post more than once a year.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=104&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>I went ahead and upgraded to <a href="http://wordpress.org/development/2010/06/thelonious/">WordPress 3.0</a>. Love the new default style it came with; maybe it&#8217;ll inspire me to post more than once a year. <img src='http://s.wordpress.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<title>Twitter</title>
		<link>http://simplicitas.wordpress.com/2009/03/05/twitter/</link>
		<comments>http://simplicitas.wordpress.com/2009/03/05/twitter/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 14:59:50 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[personal]]></category>
		<category><![CDATA[twitter]]></category>

		<guid isPermaLink="false">http://cliftonsnyder.net/?p=103</guid>
		<description><![CDATA[I &#8220;finally&#8221; signed up for twitter last night. I put &#8220;finally&#8221; in quotation marks because while all of the geek blogs in my RSS reader have been raving about it for months now, I can&#8217;t think of a single person that I know that would actually have any idea what it is. &#8220;So, it&#8217;s kinda [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=103&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>I &#8220;finally&#8221; signed up for <a href="https://twitter.com/cliffeh">twitter</a> last night. I put &#8220;finally&#8221; in quotation marks because while all of the geek blogs in my RSS reader have been raving about it for months now, I can&#8217;t think of a single person that I know that would actually have any idea what it is. &#8220;So, it&#8217;s kinda like Facebook, but without getting 200 &#8216;Generic Crime Family Game&#8217; invites a day?&#8221; So for now I&#8217;ve just subscribed to people that I would *like* to know &#8211; like <a href="https://twitter.com/doctorow">Cory Doctorow</a> and <a href="https://twitter.com/xenijardin">Xeni Jardin</a> from <a href="http://boingboing.net/">BoingBoing</a>, <a href="https://twitter.com/linus_torvalds">Linus Torvalds</a>&#8230;yeah, that pretty much completes my list so far.</p>
<p>I&#8217;m trying to figure out how the twitter RSS feed is going to look. It seems like more than a handful of people twiting could end up being pretty high-volume, so I don&#8217;t know if it&#8217;s worth it. I suppose time will tell&#8230;</p>
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		<title>rsudo: now on sf.net</title>
		<link>http://simplicitas.wordpress.com/2008/11/10/rsudo-now-on-sfnet/</link>
		<comments>http://simplicitas.wordpress.com/2008/11/10/rsudo-now-on-sfnet/#comments</comments>
		<pubDate>Mon, 10 Nov 2008 20:18:56 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
				<category><![CDATA[clutch]]></category>
		<category><![CDATA[rsudo]]></category>

		<guid isPermaLink="false">http://cliftonsnyder.net/?p=102</guid>
		<description><![CDATA[A command-line tool that I wrote for running commands on multiple machines as root over ssh &#8211; rsudo &#8211; is now available on SourceForge. Hopefully this project will fare a little better than clutch did; rsudo has the twin benefits of being useful to someone now (as opposed to being a &#8220;solution in search of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=102&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>A command-line tool that I wrote for running commands on multiple machines as root over ssh &#8211; <a href="https://sourceforge.net/projects/rsudo/">rsudo</a> &#8211; is now available on SourceForge. Hopefully this project will fare a little better than <a href="https://sourceforge.net/projects/clutch">clutch</a> did; rsudo has the twin benefits of being useful to someone <em>now </em>(as opposed to being a &#8220;solution in search of a problem&#8221;, as clutch was) as well as actually being used in a production environment for the last couple of years (note the Production/Stable development status). So, if you find yourself needing to run commands as root on multiple remote machines (don&#8217;t we all? <img src='http://s.wordpress.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> ) then check it out!</p>
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		<title>Who is Charles Ponzi?</title>
		<link>http://simplicitas.wordpress.com/2008/09/15/who-is-charles-ponzi/</link>
		<comments>http://simplicitas.wordpress.com/2008/09/15/who-is-charles-ponzi/#comments</comments>
		<pubDate>Mon, 15 Sep 2008 09:59:15 +0000</pubDate>
		<dc:creator>simplicitas</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[economy]]></category>

		<guid isPermaLink="false">http://cliftonsnyder.net/?p=101</guid>
		<description><![CDATA[Maybe I shouldn&#8217;t look at the news this early when I can&#8217;t sleep. Then again, maybe I should read it more carefully. I don&#8217;t pretend to have a full understanding of the situation, but the current state of the US economy is starting to kinda freak me out. It&#8217;s like all of the major financial [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=simplicitas.wordpress.com&blog=11142&post=101&subd=simplicitas&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>Maybe I shouldn&#8217;t look at the news this early when I can&#8217;t sleep. Then again, maybe I should read it more carefully. I don&#8217;t pretend to have a full understanding of the situation, but the current state of the US economy is starting to kinda freak me out. It&#8217;s like all of the major financial institutions were duped by some kind of elaborate <a href="http://en.wikipedia.org/wiki/Ponzi_scheme">Ponzi scheme</a>. When viewed from a certain angle in the correct circumstances &#8211; e.g., economic collapse &#8211; the similarities between a Ponzi scheme and the stock market are striking.</p>
<p>Despite the numerous possibilities, I&#8217;m only posting <a href="http://www.bloomberg.com/apps/news?pid=20601103&amp;sid=a1YBIXwqpaq0&amp;refer=us">this link</a> (for posterity). Laziness? Perhaps. &#8230;but if you&#8217;ve opened any newspaper, gone to any news website, or otherwise tuned into any kind of news outlet in the past few months I think you know what I&#8217;m talking about. The thing I&#8217;m trying to figure out (as indicated by this post&#8217;s title): who benefits? The scheme really isn&#8217;t a good one if the &#8220;mastermind&#8221; doesn&#8217;t walk away with a ton of cash, right? So&#8230;who is Charles Ponzi here?</p>
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