Tag Archives: financial

Technology, Art, Entrepreneurship, Bailout

Irony Alert: Google just bought a paper processing plant in Finland, so that they could repurpose the building into a data center.

Technology: Kevin Kelly has written a great (and long) post about the Amish and technology.  To go back to my software days, the Amish are not in the Early Adopter portion of consumerdom, but surprisingly to many of us, they are a part of the technology buying spectrum.

Fun: Ever had a photo that you wanted to see reimaged as a charcoal sketch? You don’t have to break out the Photoshop. I have used the service at Dumpr in the past and been very happy with the results. Dumpr has some very interesting options, including celebrity pics.  There is a new site, BeFunky that offers a number of other transformations, including cartoon, stencil, sunburst and inkify.

Behind the Scenes: I admit it.  I love knowing what is going on behind the scenes.  Have you ever wondered what goes on when your television news team goes to commercial? Check this out.

Entrepreneurship: John Patterson writes A Counter-Intuitive Lesson in Clarity (grammar alert).  In it he talks about what makes entrepreneurs tick and why they need to surround themselves with people who have different worldviews. This is a key point in the growth of an entrepreneur… The ability to accept that you are a vision person and work with others who can help you refine your grand scheme into a viable moneymaking business opportunity.

Financial: Steven Pearlstein, writing in the Washington Post, today talks about Citizens South, a small bank in North Carolina. Citizens South is a well managed bank. They didn’t make risky loans and stayed conservative. Impressive among banks, they even turned a profit last year.  Their president, Kim Price, applied for TARP bailout funds and received $20.5 million.  Citizens South had no plans for the money until Price came up with a plan to offer, in conjunction with builders, low rate mortgages and no closing costs.  Now mortgages are available to people who otherwise wouldn’t buy a house in this economic climate.  A feel good story for sure.
However, I wonder about why a profitable bank that didn’t make bad loans is making the financial decision to take taxpayer money.  Apparently, the bailout funds don’t come with a strong enough deterrent to focus their use for the most heavily impacted banks. While I am excited that this bank thought outside the box enough to expand home ownership to their customer base, why is the American taxpayer paying for this and what have the big guys (Citi, Bank of America, Chase) done with their bailout funds?

Energy, Economics, Politics, Technology and an Award

Business: Did you ever wonder what happens to all of the sports memorabilia that gets manufactured in advance of a big event with the name and logo of the losing team?  Good news, it gets donated.

Energy: I have been interested in the path of energy use in this country, ever since I took a Senior Seminar on Energy in college.  At that time, Amory Lovins was a leading voice of the doom and gloom prognosticators.  In this easy to read  article, he talks about the future of energy distribution.  This reminds  me of the change from central phone switching systems to cellular towers everywhere.
In other news, Google has started a pilot program that will develop energy solutions, starting with providing energy usage breakdowns for your house.  If you knew the cost of using specific items, you would have an idea as to where to start conservation efforts, right?

Business: Jim Jacoby wrote a thoughtful piece comparing the macro economy to the community within a company or project team.

Entrepreneurship: OK folks, those of you with a great idea, step right on up.  Mark Cuban is proposing his own stimulus plan called Open Source Funding.  He will be reviewing business plans and looking to fund the most impressive.  There are some ground rules, though.  You must post your business plan for all to review.  You will be funded month to month.  You need to be cash flow positive in 60 days and profitable in 90 days. No advertising income.   Still an interesting idea, if you have the business plan and the moxie to publish it.

Politics: Bob Woodward has some advice for President Barack Obama based on lessons learned during President George W. Bush‘s presidency.

Technology: Have a need to generate an org chart or flowchart but don’t want to shell out the big bucks for Visio?  Check out an easy to use, free, web based alternative that is fun to play with called Lovely Charts.

Economy: Today’s “Wow, didn’t see that one coming award”. The CEO of Netflix, Reed Hastings, published an open letter to President Obama in the New York Times recently asking that his taxes be raised.

Strategy, Business and Legos

Big Picture: Paul Graham is a very strategic thinker.  In his essay, “Keep Your Identity Small“, he compares religious and political arguments to most others.  The key, he opines, is that you don’t have to be an expert to argue about either topic.  In most other areas, one doesn’t usually participate in an discussion unless she has a minimum level of expertise.  In religion and politics, anything goes.  Paul advises us to keep our Identity small, so that we can be more tolerant of other’s positions.

Consulting: Ian Ayres talked about relational versus non-relational arrangements with large consulting companies.  Pretty dull stuff, until Ian related these to Charlie Sheen‘s trial for using prostitutes and his quote “I don’t pay them for sex.  I pay them to leave.”

Chicago: What if Oprah bought the Chicago Sun-Times?,  Phil Rosenthal muses.

Business: Time Magazine discusses how this recession compares with others regarding job losses.  It is scary out there folks.

Art: Something about the economy must be helping the Lego folks.  There was a creative look at New York via Lego.  And then this story about an artist who uses Lego bricks in his creations. And the inauguration in Lego.

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GMail, The Bailout and Bill Gates

Today seems like a slow link day, but we will persevere.
Technology: One of the reasons I like Gmail is that Google is committed to bringing us optionally installable changes quickly through their labs program.  Today they brought out Multiple Inboxes.  It is a misnomer in that you still only have one inbox. But it will allow you to have multiple windows into your (single) inbox open on the same screen. You control the content via search strings; it is Google after all.  For those who use labels or who manage everything from their inbox, this could be a truly helpful new option.

Video: One of the places that I like to go to when I have 15 or 20 minutes to spare is the TED Conference. TED 2009 is going on now and there was a lot of talk about Bill Gates’ presentation yesterday on malaria. The video shows a new side to Bill Gates and bugs.  A couple of other TED talks from past years that are exceptional are Jill Bolte-Taylor, Al Gore and Hans Rosling.

Bailout: The first simple explanation of the implosion of AIG. And a simpler Calvin & Hobbes version.

Technology: This cartoon of how the Google Chrome logo was born made me giggle.

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