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xx America IS still out there: Uncle Sam wants YOUR policy ideas @ Change.Gov | 16 Jan 09
08:21:10 by combinator | Views: 272 | Comments: 0

Duty calls to all who would sell seashells by the seashore.  Go to www.Change.gov and login at Citizen's Briefing Book (http://citizensbriefingbook.change.gov/).  Go here or search "tidal" to view the suggestion made by LibertyIsGreen to the President-elect or to make suggestions of your own:

Generate Marine (Wave-Tidal) Power and Sea-Wind Power: Store as Hydrogen

Invest in marine-generated power infrastructure.  Wave-tidal power is predictible and accessible.  Many promising technologies exist to harvest power from the sea.  Helitubes, maglev tidal...


xx HARNESSING THE POWER OF WAVES & TIDES | 23 Nov 08
20:29:55 by combinator | Views: 385 | Comments: 0

HARNESSING THE POWER OF WAVES & TIDES
<a href="http://www.youtube.com/v/ZcA3e8_j8XA&rel=0" target="_blank">http://www.youtube.com/v/ZcA3e8_j8XA&rel=0</a>
Youtube information-attribution:
 UK energy and power experts meet to discuss the latest developments and initiatives in wave and tidal power technology across Britain.
Category:  News & Politics
Tags:
wave  power  tidal  environment  alternative  energy 


...


xx Economic Recovery Plan: Your Weekly Address from President-elect Obama 11.22.08 | 22 Nov 08
20:13:33 by combinator | Views: 401 | Comments: 0

Economic Recovery Plan: Your Weekly Address from President-elect Obama 11.22.08
<a href="http://www.youtube.com/v/m17pz0R_qZo&rel=0" target="_blank">http://www.youtube.com/v/m17pz0R_qZo&rel=0</a>
Youtube information-attribution:
 President-elect Barack Obama announces he has directed his economic team to assemble an Economic Recovery Plan that will save or create 2.5 million more jobs by January of 2011. For more information, visit http://change.gov.
Category:  News & Politics
Tags:
Barack  Obama  President-elect  weekly  address...


* BankingWorks.com, EconomicsWorks.com & AuditWorks.com bring you the lost 1841 classic: "Memoirs of Extraordinary Popular Delusions and the Madness of Crowds" - Read it on the wondrous Project Gutenberg subject to their license.

MEMOIRS
OF
EXTRAORDINARY POPULAR DELUSIONS
AND THE
Madness of Crowds.

By CHARLES MACKAY, LL.D.
AUTHOR OF “EGERIA,” “THE SALAMANDRINE,” ETC.

ILLUSTRATED WITH NUMEROUS ENGRAVINGS.

N’en déplaise à ces fous nommés sages de Grèce,

En ce monde il n’est point de parfaite sagesse;

Tous les hommes sont fous, et malgré tous leurs soîns

Ne diffèrent entre eux que du plus ou du moins.

BOILEAU.

LONDON:
OFFICE OF THE NATIONAL ILLUSTRATED LIBRARY,
227 STRAND.

1852.

CONTENTS.


xx Interview with Disqus - Part 2: The Y Combinator Experience | 21 Jan 09
13:12:44 by combinator | Views: 262 | Comments: 0

 http://talktech.tv/ 
<a href="http://www.youtube.com/v/5P3Zgm_wGFI&rel=0" target="_blank">http://www.youtube.com/v/5P3Zgm_wGFI&rel=0</a>
Youtube information-attribution:
http://www.youtube.com/user/talktechtv
November 15, 2008
In 2007, Disqus received funding from Y Combinator, a prestigious seed-stage startup funding firm. Y Combinator is unique in that they not only provide seed-money, but they offer an entire 3-month experience that includes technical, business, and legal advice, as well as introductions to key investors and tech...


xx Ycombinator.com has it all | 23 Sep 08
14:46:34 by combinator | Views: 570 | Comments: 1

Checkout www.ycombinator.com, founded by the hackers who designed technology acquired by Yahoo as the foundation of Yahoo Stores, for the best open source startup resources anywhere.

Their Start Up library is a great place to start.
Find it here: http://ycombinator.com/lib.html
Y-Combinator Investor Experience
<a href="http://www.youtube.com/v/VHR7YbIIrYU&rel=0" target="_blank">http://www.youtube.com/v/VHR7YbIIrYU&rel=0</a>
Youtube information-attribution:
 Why Y-Combinator process is extremely efficient for investors....


* Parkours Run on the Banks
City Gents of Parkour Generations make a run on the bank
<a href="http://www.youtube.com/v/0nx9GVOs-qk&rel=0" target="_blank">http://www.youtube.com/v/0nx9GVOs-qk&rel=0</a>


xx Monty Python - The Audit | 15 Dec 08
23:08:32 by combinator | Views: 336 | Comments: 0

Monty Python - The Audit
<a href="http://www.youtube.com/v/mkAfl2RmAZc&rel=0" target="_blank">http://www.youtube.com/v/mkAfl2RmAZc&rel=0</a>
Youtube information-attribution:
 from Monty Python's Flying Circus
Season 1 - Episode 07
You're No Fun Anymore
Recorded 10-10-69, Aired 30-11-69

I'm slowly uploading the entire Flying Circus series... Got any requests?
Category:  Comedy
Tags:
monty  python  flying  circus  you're  no  fun  anymore  john  cleese  graham  chapman  michael  palin  eric  idle  terry  jones  gilliam 


* AuditWorks.com job search:

xx Robert E Lee Accepts Leadership of The Confederate Army | 16 Jan 09
09:14:31 by combinator | Views: 360 | Comments: 0

From the Leadership board at our sister-site www.bibusiness.com because, as it turns out, it IS your b i business.
http://www.youtube.com/user/ronh100
<a href="http://www.youtube.com/v/o-Aco2bYYYE&rel=0" target="_blank">http://www.youtube.com/v/o-Aco2bYYYE&rel=0</a>


xx Outlaw Securities Lending in Pension Funds? - Part 1 | 07 Oct 08
18:34:21 by combinator | Views: 454 | Comments: 2

The bust of 2008 is rooted in nonobservance of fiduciary responsibility by a great many of the interlocking corporate, union and public sector boards who do two-fold business with the finance sector through management of pension funds and by putting their own securities, stocks and bonds into the stream of commerce.  So why single out the practice of securities lending from pension funds as a boogie man of the credit collapse?  Because it is the oxygen of short-selling.  The so-called "good" kind of short selling.  Not the "naked" kind.  But why should a pension fund allow its considerable resources to fuel a practice that undermines the value of the very securities in its portfolio?  We know the argument.  It's "healthy" in a free market to weed out the sick, lame and weak companies preyed on by the hedge funds.  But it has been clearly revealed by the credit collapse and ensuing bailout that "free market economics" are nowhere in sight.  Anything but.

The Sarbanes-Oxley full-employment act for accounting consultants is a joke.  Fiduciary nonobservance approaches the norm where corporate boards interlock and anything goes in a securities industry where fees (caution => ) pyramided (<=caution: this link opens up a satirical Abu Ghraib animation some may find offensive) on top of fees amount to grease for the skids of an ineffective regulatory environment.

The duty owed by a fiduciary in the eyes of the law is higher than the duty a mother owes her child.  Fiduciaries who select 401k investment media have a duty to assure that available investment media are devoid of undisclosed risks and fees reasonably discoverable by a well-qualified investment professional.  Unfortunately for you, your pension fund, your education IRA, etc., well-qualifed investment professionals tend to be a highly conflicted lot, in the main.  Good ones turn out to be hard to find.

To be continued in Part 2


Pages: [1]


* EconomicsWorks.com - Bloomberg Channel

xx "How Not to Die" - review of Paul Graham article - On rebuilding leadership base | 15 Jan 09
14:19:27 by combinator | Views: 269 | Comments: 0

http://www.paulgraham.com/die.html

How not to die is a thought provoking piece in title and concept.  Written by Paul Graham, an expert on micro-finance and micro-entrepreneurship, it sounds a clarion call for economic survival in the hardscrabble world of Internet startups.  It may just be the formula we need to rebuild our production base in the Information Age. 

If a speech of this nature were to be given by the President of the United States an economic analogy with the Gettysburg Address <a href="http://www.youtube.com/v/Nt-Z-PT5Xfo&rel=0" target="_blank">http://www.youtube.com/v/Nt-Z-PT5Xfo&rel=0</a> (animation provided courtesy of ronh100) would not be out of line. 

Those who would rebuild the production base of the Information Age and who still believe in Yankee Ingenuity applaud Mr. Graham's fighting spirit.



xx Robert E Lee Accepts Leadership of The Confederate Army | 16 Jan 09
09:14:31 by combinator | Views: 360 | Comments: 0

From the Leadership board at our sister-site www.bibusiness.com because, as it turns out, it IS your b i business.
http://www.youtube.com/user/ronh100
<a href="http://www.youtube.com/v/o-Aco2bYYYE&rel=0" target="_blank">http://www.youtube.com/v/o-Aco2bYYYE&rel=0</a>


xx Outlaw Securities Lending in Pension Funds? - Part 1 | 07 Oct 08
18:34:21 by combinator | Views: 454 | Comments: 2

The bust of 2008 is rooted in nonobservance of fiduciary responsibility by a great many of the interlocking corporate, union and public sector boards who do two-fold business with the finance sector through management of pension funds and by putting their own securities, stocks and bonds into the stream of commerce.  So why single out the practice of securities lending from pension funds as a boogie man of the credit collapse?  Because it is the oxygen of short-selling.  The so-called "good" kind of short selling.  Not the "naked" kind.  But why should a pension fund allow its considerable resources to fuel a practice that undermines the value of the very securities in its portfolio?  We know the argument.  It's "healthy" in a free market to weed out the sick, lame and weak companies preyed on by the hedge funds.  But it has been clearly revealed by the credit collapse and ensuing bailout that "free market economics" are nowhere in sight.  Anything but.

The Sarbanes-Oxley full-employment act for accounting consultants is a joke.  Fiduciary nonobservance approaches the norm where corporate boards interlock and anything goes in a securities industry where fees (caution => ) pyramided (<=caution: this link opens up a satirical Abu Ghraib animation some may find offensive) on top of fees amount to grease for the skids of an ineffective regulatory environment.

The duty owed by a fiduciary in the eyes of the law is higher than the duty a mother owes her child.  Fiduciaries who select 401k investment media have a duty to assure that available investment media are devoid of undisclosed risks and fees reasonably discoverable by a well-qualified investment professional.  Unfortunately for you, your pension fund, your education IRA, etc., well-qualifed investment professionals tend to be a highly conflicted lot, in the main.  Good ones turn out to be hard to find.

To be continued in Part 2


xx Bankers Are Just Like Anybody Else, Except Richer | 23 Sep 08
12:24:47 by combinator | Views: 503 | Comments: 0

Bankers Are Just Like Anybody Else, Except Richer
<a href="http://www.youtube.com/v/ZuEnGK-CZEs&rel=0" target="_blank">http://www.youtube.com/v/ZuEnGK-CZEs&rel=0</a>


YouTube information-attribution:
http://www.youtube.com/user/oldernwiser0

 Added:  December 21, 2007  (Less info)
My recitation of "Bankers Are Just Like Anybody Else, Except Richer "
by Ogden Nash
Used by permission of Curtis Brown, Ltd.
Copyright c 1938
All Rights Reserved.

This is a song to celebrate banks,
Because they are full of money and you go into them and all
you hear is clinks and clanks,
Or maybe a sound like the wind in the trees on the hills,
Which is the rustling of the thousand dollar bills.
Most bankers dwell in marble halls,
Which they get to dwell in because they encourage deposits
and discourage withdrawals,
And particularly because they all observe one rule which woe
betides the banker who fails to heed it,
Which is you must never lend any money to anybody unless
they don't need it.
I know you, you cautious conservative banks!
If people are worried about their rent it is your duty to deny
them the loan of one nickel, yes, even one copper engraving
of the martyred son of the late Nancy Hanks;
Yes, if they request fifty dollars to pay for a baby you must
look at them like Tarzan looking at an uppity ape in the
jungle,
And tell them what do they think a bank is, anyhow, they had
better go get the money from their wife's aunt or ungle.
But suppose people come in and they have a million and they
want another million to pile on top of it,
Why, you brim with the milk of human kindness and you
urge them to accept every drop of it,
And you lend them the million so then they have two million
and this gives them the idea that they would be better off
with four,
So they already have two million as security so you have no
hesitation in lending them two more,
And all the vice-presidents nod their heads in rhythm,
And the only question asked is do the borrowers want the
money sent or do they want to take it withm.
But dont think I am against Banks
Because I think they deserve our appreciation and thanks
for eliminating the jackasses who go around saying
that health and happiness are everything and money isn't essential,
Because as...


xx Statement of Wayne H. Miller, Denali Fiduciary Management, Vashon, Washington | 23 Sep 08
11:19:31 by combinator | Views: 313 | Comments: 1

Fall of 2007 testimony before the House Ways and Means Committee, by Wayne Miller, CEO of Denali Fiduciary Managment (www.DenaliFM.com) which could save taxpayers and pensioners a trillion dollars, if anyone's listening (perhaps they'll listen now):

http://waysandmeans.house.gov/hearings.asp?formmode=printfriendly&id=6663

House Committee on Ways and Means


Statement of Wayne H. Miller, Denali Fiduciary Management, Vashon, Washington

Summary

ERISA is the federal law that governs the management of retirement plans.  When a company that sponsors a retirement plan appoints a group of executives to manage the plan, those individuals are known as fiduciaries.  The role of fiduciaries, first and foremost is to see that no one doing business with the retirement plan does harm to the plan’s participants.  The fiduciaries are supposed to serve as guardians on behalf of those people who have money in the retirement Trust.

In the overwhelming majority of cases fiduciaries work only a few hours every calendar quarter, receive little if any on-going training in the disciplines involved in their work, have no metrics with which to measure the success or failure of their plan management activities and are granted no compensation for their work regardless of its effectiveness.  In the world of retirement plan fiduciaries there is virtually no personal accountability, no substantive oversight and no incentive to do a good job.

If this sounds like a recipe for a dysfunctional retirement plan system – it is.  The last time we saw an economic system run like this we called it communism.

The Problem Isn’t Technical.

There are a myriad of technical issues ERISA retirement plan fiduciaries must know and understand to carry out their plan management responsibilities.  Given the changes in the regulatory and capital markets over the past few years, the depth and breath to which technical issues must be examined has increased dramatically.  For example, the concept of risk and its application to operations, investment management and plan governance is not the same in 2007 as it was in the year 2000.

These types of intellectual challenges notwithstanding, after 24 years of industry experience (having offered fiduciary advice and consulting on $100+ billion of retirement assets) it is very clear that the greatest...


* Fidelity Fiduciary Bank
Fidelity Fiduciary Bank Sing Along
<a href="http://www.youtube.com/v/jt9JpYRulSk&rel=0" target="_blank">http://www.youtube.com/v/jt9JpYRulSk&rel=0</a>



Youtube information-attribution:
http://www.youtube.com/user/AlexValve
 Fidelity Fiduciary Bank Is The Song Of Mary Poppins (1964) Written By The Sherman Brothers. I Made A Karaoke Version With The Lyrics & Video On, Enjoy And Post Comments About My Work
Category:  Music
Tags:
Fidelity  Fiduciary  Bank  Bert  Mary  Poppins  1964  Movie  Walt  Disney  Pictures  Soundtrack  Julie  Andrews  



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