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POPSAbolish the Federal Reserve --- Ron Paul from '02 (cont.)From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble last year, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts. With a stable currency, American exporters will no longer be held hostage to an erratic monetary policy. Stabilizing the currency will also give Americans new incentives to save as they will no longer have to fear inflation eroding their savings. Those members concerned about increasing America's exports or the low rate of savings should be enthusiastic supporters of this legislation.
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POPSFreePress : Verge of turning over our public Internet airwaves to the same giant phone and cable co
FreePress.net sent out this alert yesterday Imagine having a fast connection to an open Internet wherever you go, without needing a telephone wire or cable modem. The FCC could make this happen. Instead they’re on the verge of turning over our public Internet airwaves to the same giant phone and cable companies that control high-speed access for more than 96 percent of American users. Don’t let the FCC give away our wireless Internet to these price-gouging giants. We need to use these public airwaves to connect more Americans to an open, neutral and affordable Internet. And this is what I appended at the beginning of the comment field: The idea of using the existing TV spectrum for widely available broadband is tremendously exciting. As a business owner, I could see that this might spark a wave of creative entrepreneurship like the original dotcom boom a decade ago, and create useful technologies we can only dream of currently. Open access is the way to d
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POPSLas Vegas and San Jose: boomtowns with busted downtowns
What Vegas and Silicon Valley cannot do for their downtowns, can most American cities without booming economies expect to do for theirs? This bodes poorly for conventional planning on how to save city centers. New ideas on how to save American cities need to address unmentionables: racism, classism, the drug economy and the perception of violence that hobbles cities. Meanwhile, mostly driving to and from work, Americans burn five times more petrol than even other industrialized countries, leaving us at the mercy of players who give us oil by trading away our freedoms, and by wrecking the earth to farm all manner of sugars, starches, and now cellulose, to burn ethanol—all for nine lanes of traffic, strip malls, and ugly cities full of blacktop but devoid of civic life and youthful promise. Those who have not traveled to Hong Kong, Manhattan, and other compact cities have not experienced how life could be better with fewer cars. And success would free the need for massive subsidies.
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POPSVon Breitbandkillern und ihren Liebhabern GigaOM berichtet, dass die trendigen Videoplattformen à la YouTube und Joost bei den Telekom Netzbetreibern momentan die Herzen höher Schlagen lassen. Die Provider schmeißen bereits wieder teure Partys im alten DotCom Stil. Was verständlich ist, denn Dienste für Videos über das Internet erfordern eine schnelle Breitbandanbindung der Telekommunikationsanbieter, sprich diese Plattformen werden in den kommenden Jahren scharenweise neue Kunden für sie generieren.
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POPSAre we in for a China crisis? "It's like all bubbles that occur in stock markets – you realise it's going on but you never know when the music will stop until it's too late," he said. "The experience of millions of Chinese investors is that markets can only go up. It's impossible to predict when but you can be fairly sure the stock market will have a terrible wobble." Hugh Young, the managing director of Aberdeen Asia, believes it is no longer a case of "if" but "when" a correction in the mainland market will occur, and predicts it may need to halve in value for any semblance of order to be restored.
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POPSUS recession will dwarf dotcom crash the clipped quote continues: "...and innovators, there exists now a nation of greenmailers, scammers, leveredged buyout artists, stock manipulators, and other assorted con-artists who believe that the way to wealth is to "Enron" the system."
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POPSU.S. VC Investment Hits 6-Yr High The San Jose Mercury News reported last week that VC firms are investing more in late-stage companies, which "could force some early-stage entrepreneurs to look harder for cash and perhaps bootstrap their companies if the trend continues." - Louis Hau
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