The biggest Internet names are talking about joining forces in an effort to raise awareness for SOPA, the Stop Online Piracy Act. This is a measure your lawmakers are contemplating passing into law while you’re reading this. Supported primarily by large record labels, movie studios and conservatives in Washington, SOPA would essentially allow judges to arbitrarily order any website to block any content it chooses.
Sound scary? It is. Read more »
UPDATE 12/22/2011 – It was announced that John Boehner, House GOP leader and stubborn bonehead, has finally relented his weak and desperate position on the the payroll tax cut. It looks like, at least for a couple months, 160 million Americans will get to keep the 4.2% payroll tax rate. Score 1 for Obama and the 99%.
ORIGINAL STORY – John Boehner and the rest of the GOP left to take their holiday vacation time, but not before denying the rest of America the payroll tax cut extension. Read more »
Yet another high paid, over-educated, over-hyped, well connected CEO destroys yet another company. Reed Hastings, CEO of Netflix, is the latest Read more »
This week Apple announced their highest quarterly earnings in the history of the company. Sounds like a typical Apple success update doesn’t it? The stock probably went up, yet again, right? Actually, no, it didn’t. And for the most ridiculous reason Read more »
Another huge “down day” on Wall Street. Today’s excuse? The S&P credit rating drop. Everyone keeps saying S&P made a huge miscalculation and that America’s credit rating is still AAA. How can this be? We have a deadlocked government, two wars, a faltering global economy, and a hopeless unemployment situation.
But there is one thing that everyone, besides S&P, seems to agree on; that America is still a AAA credit bet. I believe in staying positive and moving forward and holding strong and all that, but at some point, when will we face reality?
The reality is things are not good. And nobody is able to do anything about it. Now, why should a credit rating agency ‘pretend’ along with the rest of us, that everything is fine. I think it’s time to stop pretending, hoping, and praying, and start doing something about it.
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