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Can Yahoo Be Rescued? - Room for Debate
No foundering Internet giant has ever recovered. Will Yahoo go the way of AOL and MySpace?Yahoo can be a power. It is a power. I know because it is a damned nuisance. It can be a presence if it stops being demanding and makes itself useful. It can supply anonymity. It can refuse to pass the cookies.It can run block for news sites. It can run its own aggregating edited service. It can filter trolls. It can run a peer to peer internet phone service(Skype without microsoft). It can fix Flash.
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The Role of Religion in the 2012 Election - Room for Debate
Politicians say their religion guides them, so it’s fair to ask: What exactly would a Christian platform look like?http://en.wikipedia.org/wiki/The_Disasters_of_War
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How Yahoo Needs to Cut the Losses - Room for Debate
The new C.E.O. of Yahoo must have a bold, clear vision and be prepared to make big changes on day one.-
Cut the Losses
Don Dodge, tech business blogger
"The new C.E.O. of Yahoo must have a bold, clear vision and be prepared to make big changes on Day 1. Small tweaks and conservative strategy adjustments have already been tried, and won't work. Yahoo has time -- but not much."
Have a plan.
Radical surgery without a plan is an amputation at the neck.
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Occupy Wall Street's Taps Into Longstanding Concerns - Room for Debate
The public has come to see government policies as catering to the rich and powerful.-
'Haves' and 'Have-Nots'
Andrew Kohut, Pew Research Center
I think he is asking the wrong questions in the wrong place.
Gandhi inspires this gang. This is a sit in.
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Occupy Wall Street's Shrewd Slogan - Room for Debate
By saying 'We are the 99%,' Occupy Wall Street frames itself as part of a vast 'us' along with most of the public, against a tiny 'them.'-
A Shrewd Slogan
Ilyana Kuziemko, Princeton University, and 
Michael I. Norton, Harvard Business School
They are getting it right so far.
http://krugman.blogs.nytimes.com/2011/11/03/inequality-trends-in-one-picture/
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Inequality Trends In One Picture
Just an addendum on the role of the top 1 percent versus the college-noncollege differential. Here, from the CBO report, are the changes, in percentage points, of the shares of income going to three groups. The top quintile excluding the top 1 percent – which is basically the abode of the well-educated who aren’t among the very lucky few – has only kept pace with the overall growth in incomes. Just about all of the redistribution has taken place from the bottom 80 to the top 1 (and we know that most of that has actually gone to the top 0.1).
It’s a tiny minority, not a broad class of well-educated Americans, who have been winning here.
TimesPeople recommended a blog post:Nov 2, 2011Do Good Debaters Make Good Presidents? - Room for Debate
Rick Perry has performed poorly in the G.O.P. debates and his ratings have fallen. Does it matter?http://polltracker.talkingpointsmemo.com/ -
Mark Rich
No information. Just a mirror. -
zb
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Does IMF Stand for Impressive Macroeconomic Flexibility?
So the IMF is holding a meeting on rethinking macroeconomic policy (I was invited but couldn’t make the timing work.) And the Fund’s chief economist has already made it clear that he’s open to some serious revision of the prevailing paradigm. no.
http://www.bbc.co.uk/news/world-europe-15586673
"Greece's centre-right opposition has demanded Prime Minister George Papandreou resign, throwing into disarray plans for a unity government.Opposition leader Antonis Samaras also called for snap elections before leading his MPs in a dramatic walkout of parliament.
Mr Papandreou's government faces a crucial confidence vote on Friday.
He earlier said that opposition support could mean dropping controversial plans for a referendum on an EU bailout.
Mr Papandreou had faced a rebellion in his governing Socialist party (Pasok) over the proposed referendum, which sent markets into turmoil.
The BBC's Gavin Hewitt in Athens says Greece had seen 24 hours of political horse trading and power struggles.
Mr Papandreou's party holds a tiny majority in parliament - 152 out of 300 seats."
http://www.guardian.co.uk/business/2011/nov/03/greece-may-leave-euro-leaders-admit
"The G20 is planning to increase the crisis-fighting firepower of the International Monetary Fund after the start of its summit was dominated by the first open admission from EU leaders that it might be necessary for Greece to leave the eurozone if the single currency is to survive.
George Osborne said there was a "real sense of urgency" on a day that saw an emergency interest rate cut from the European Central Bank, backtracking from Greece over a referendum on its bailout conditions, and a recognition that the IMF may need extra resources to cope with a deteriorating global economy.
Amid distinct echoes of the financial market meltdown in the autumn of 2008, European leaders put massive pressure on the embattled government of Greek prime minister George Papandreou, forcing the abandonment of plans to hold a referendum and triggering a political showdown in Athens.
Downing Street sources said "strong political pressure to sort itself out" had been put on Greece, while Barack Obama said it was time to "flesh out" Europe's bailout plan.
Share prices rose towards the end of the day as it became clear that Papandreou had been forced to shelve his referendum plans and was seeking to put together a government of national unity that would agree to Europe's bailout conditions.
His hold on power looked increasingly tenuous last night after his decision to put the bailout terms to the Greek public was condemned by the finance minister, Evangelos Venizelos, and the opposition said the prime minister's resignation was a precondition for a national unity government. Papandreou was reported to have later indicated he could step down even if he won today's knife-edge vote of confidence in parliament.
"He was told that he must leave calmly in order to save his party," one source told Reuters on condition of anonymity. "He agreed to step down. It was very civilised, with no acrimony.""
http://ftalphaville.ft.com/blog/
Cash in the attic, IMF edition
Fortifications at the ready! Given Merkel’s nein, Draghi’s pff and China’s err no to commit yet-more capital to the EFSF by process of elimination the only option left is…… the IMF.
Why not just beef up the policy lender to prop up the eurozone currency countries.
A vote on the €300+bn Papandreou put
As we watch the snaps from the Greek PM cross the tape on Thursday afternoon…
RTRS-GREEK PM SAYS WE ARE BEARING A CROSS AND WE ARE BEING STONED
… we find ourselves drawn to this punchy quote from the rates team at SocGen. (HT Albert Edwards).
RTRS -GREEK PM SAYS GOING TO ELECTIONS NOW WOULD BE CATASTROPHIC
RTRS – GREEK PM SAYS VOTE OF CONFIDENCE IS A GUARANTEE ON HOW WE WILL CONTINUE AND NEGOTIATE WITH OPPOSITION PARTIES
As an example of how long it could take to work through a massive austerity programme, it was only in 2010 that Germany made the last payment required by the Treaty of Versailles from 1919, which called for reparations of what would be the equivalent of €325bn in today’s currency. Back then, the treaty was not particularly popular with the German population (not unlike the current reaction of Greek citizens to Greece’s austerity programme). Following the treaty, the German parliamentary republic (the so-called Weimar Republic) fell into a massive crisis and disintegrated quickly. The rest is history. One of the lessons learned is that a nation can only be pushed so far and positive incentives need to be set to guarantee cooperation. After World Word II, a different strategy was applied with the Marshall Plan.
Worth thinking about now that referendum business has been ditched and we approach Friday’s confidence vote. We’re also reminded of what the SocGen team described on Tuesday as Greece’s €300+bn “put option” on its own debt struck at zero.
It is akin to the right, but not the obligation, to put back its debt to all holders at zero. This avoids decades of pain and austerity, but almost certainly means the end of Greece’s EU membership.
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Colin
Just another mirror.
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Can Yahoo Be Rescued? - Room for Debate
No foundering Internet giant has ever recovered. Will Yahoo go the way of AOL and MySpace?Find the sweet spot of user satisfaction. Without users no internet operation can thrive. Users provide cash. Loosing users bleeds the bottom line. Contented users are worth unhappy advertisers. Advertisers come for the users.
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The Lost Secret of Running
Running is done on the balls of the feet.
They do not run barefoot on urban surfaces.Time is getting short? -
Not Too Late for the Euro's Core - Room for Debate
The euro might survive, but in a form that excludes the troubled countries in the European periphery.-
Not Too Late for the Euro's Core
Desmond Lachman, American Enterprise Institute
A veritable top.
Though the demise is that of a thousand cuts, the euro will not survive.
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Yahoo Can Learn From Apple - Room for Debate
It is not too late for a faltering Yahoo to reverse its decline, provided that it is led by a committed leader (preferably a founder).Make the users happy and content.The customer is the reason Yahoo exists. The user is the customer. -
Edward P. Smith
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Arts
The now-famous 1951 Life magazine photograph of the Abstract Expressionists' leading lights. Hedda Sterne is in the back, standing.http://www.nytimes.com/2011/04/12/arts/design/hedda-sterne-artist-of-many-styles-dies-at-100.html?scp=17&sq=april%2012,%202011&st=cse Death notice. What a dour bunch.
April 12, 2011
Nina Leen/Time & Life Pictures- Getty Images
The now-famous 1951 Life magazine photograph of the Abstract Expressionists' leading lights. Hedda Sterne is in the back, standing.
Copyright 2011 The New York Times Company
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- TimesPeople recommended a video:Nov 2, 2011
Critics’ Picks: ‘Detour’
Revolution is really hard on parents.
I will not turn them out or see them suffer involuntarilly.We need some revolution. "No truce with kings." -
Adding to the Uncertainty - Room for Debate
Now Greece is asking the Continent's leaders to wait for an elusive referendum. Will they?-
Adding to the Uncertainty
Aristides Hatzis, University of Athens
They may not have to. We get a first level of resolution about noon.
The vote of confidence. We will see how we get on from there.
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Japan's Failed Breakwaters
They failed. The locals know it.
Rebuild them as a jobs program. Japan is stuck against the zero interest bound. Empty the city. Make it a memorial park. The empty city will make an excellent site for power generation. Design for flooding.
More open areas can do wind power.
If the breakwater had no effect locally it probably had no effect remotely.
It would act by reflecting energy. Complete Sports, Abridged
Aridgment is easily done.
I want to see these writers do real movies.
The Marx brothers have heirs.
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