My answer is yes. Artificially created debt is cholesterol clogging the arteries of consumer spending. The economy that created the debt is gone. Only by surgically removing debt can Americans freely spend, thus pumping fresh blood to the heart of the U.S. economy. But, hey, I’m no economist, although in 2005 I rightly predicted the housing bubble’s collapse and much of the aftermath. Surely such insight is worth something.
I have come to loathe top-10 lists, and I have stopped writing them. They are a sucker’s play for pageviews, although I have always used top-10s mainly for their presentation value. Now that they’re everywhere and displacing original content, I’ve got something of a personal boycott going (hence, why there have been none from me recently at Betanews). It’s with that introduction I come to maim a top-10 list posted last week. “The truth about the newsroom—straight-up!” offers 10 things reporters “want from [public relations] pitch to coverage”.
Deanna White tweeted about the post, to which I responded after reading: “My list would look nothing like this. If that’s what my peers want, someone pull out journalism’s obituary & run it” (News organizations generally keep prewritten obituaries ready to run the second someone famous enough dies).
On Friday, I wrote a review of “The Social Network“. Harvard law professor Lawrence Lessig did one better for The New Republic: “Sorkin vs. Zuckerberg—‘The Social Network’ is wonderful entertainment, but its message is actually kind of evil“. Lawrence is insightful as always, although he expects too much of the film’s writer and director. Nevertheless, he makes spot-on observations about what Facebook represents for future entrepreneurs like co-founder Mark Zuckerberg. The film is seemingly a morality tale about moral ambiguity. What’s lost is Zuckerberg’s ingenuity and the network that allowed it to flourish.
There’s a proposition on the California November ballot to legalize marijuana. Sarah Lacy must be smoking some already. Her TechCrunch post “Now that the Recession Officially Ended….Whatever Happened to that Other Shoe?” is so out of touch with reality—what else could it be?
It was sickening enough when British oil giant BP set new standards for corporate scumbaggery in the Deepwater Horizon oil spill, turning the Gulf of Mexico into its own personal toilet and imperiling entire species […]
Earlier today, Michael Gartenberg, my boss from when we both worked at JupiterResearch, retweeted Pete Bernard’s “development goodness,” which linked to Sam Jarawan post “Why I love Windows Phone 7 Development.” Somebody has got to save the world from all this goodness.
[youtube https://www.youtube.com/watch?v=u2eDKB_BuhQ]
To Apple purists, documentary “Welcome to Macintosh” is surely nothing new. But to little `ol Joe, flipping channels on a Friday night, the documentary was a surprise airing on CNBC. By far, former Apple development engineer Jim Reekes gave the most acerbic commentary about the company—not so much what he said but how he said it.
I don’t share some bloggers’ enthusiasm for Associated Press’ new policy crediting them. On September 1st, the wire service issued advisory: “AP announces guidelines for credit and attribution,” which includes bloggers. AP shouldn’t credit bloggers because it opens way for lazy reporting and undermines the news organization’s reputation and credibility (well, outside the blogging community).
What a simply smart idea—set up outside the grocery store and collect food donations for the needy. September 5, 2010, I spotted Mama’s Pantry in front of Ralph’s supermarket in San Diego, Calif.’s Hillcrest neighborhood. on. The concept of fundraising food shoppers is so mind-boggling sensible, it’s stunning more charities don’t go to the food source—the local market.
Apple’s social music discovery service isn’t even a week old and Fortune blogger Philip Elmer-DeWitt asks: “Can Ping be saved?” Oh yeah? One million signups in 48 hours is such a failure. There are thousands of CEOs or product line managers who would say: “Gimme that problem. I’ll suffer through the failure of gaining 1 million customers in just two days.”
Ping, Apple’s “social music discovery” service, has changed the selection of “Music I Like” to half Snow Patrol songs, one of which I’ve never played. LOL. I finally understand what’s going on. Apple technology is […]