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This is it? This is the best you can do? Talk about playing to the stereotype (tax and spend, anyone?). The House democrats are the new Bush Republicans, spelled S-T-U-P-I-D.
These newly elected officials and this administration's folks are supposed to be smart, in tune with the electorate. I agree with Forest Gump's mom: smart is as smart does. This ain't smart.
90% tax? Is this a joke? Doesn't anyone find this scary?
The money quote:
If you’re still having trouble understanding big-time bankers’ huge paychecks — and who isn’t? — try thinking of the problem in more primitive terms. Like, say, the lives of elephant seals.
via NYTimes
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The headline here says it all. This is totally nuts. It would be much cheaper for everyone to buy a baseball bat and a dog and then let about half the people of out prison. I figure a huge number of people are in prison for either low grade drug offenses—or for just not being white middle class.
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RECENT events mark Japan’s return to the world’s stage, or at least so it seems. Tokyo was Secretary of State Hillary Clinton’s inaugural overseas destination. Last week, Prime Minister Taro Aso was the first foreign leader to visit the Obama White House. All this suggests that Washington sees Japan, the world’s second-largest economy, as a powerful nation. If only we saw ourselves the same way.
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The president will deliver his budget today and with it a new philosophy. Former Clinton budget adviser Matt Miller asks: Can Obama convince Americans it’s a good idea to raise taxes?
Read about "Feed the Beauty" by clicking the link above.
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Web 2.0 - Tuesday, December 23, 2008
The main stream media analysts keep writing articles, like this one today on Marketwatch, indicating that niche Web 2.0 startups like Posterous make no sense in the new dead economy. And yet here comes Posterous with its catchy name and cool kid founders and ever more simple way to post thoughts on the net.
Given how much work we have put into our Movable Type platform over the years, it does seem like a breath of fresh air to hear that with Posterous we can just email our posts with a photo and Posterous will take care of the rest. The catch is that you really should be a blogging newbie to jump in as you'd probably want to ditch your platform to use it, and then if you have to chose you might just invest your time in Twitter.
San Francisco-based Posterous has just closed an angel round at $725K. PaidContent indicates that Zimbra CEO Satish Dharmaraj and former Netscape CEO Eric Hahn led the round, with additional funds from XG Ventures, Mitch Kapor, AND Guy Kawasaki. Y Combinator was first with a $15K seed round in May.
I was wondering how Posterous got funded in this crazy financial environment. Now I know.
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A New Times article argues the point.
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Read this great little article in the New York Times today and understand how the new stimulus package affects your life.
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