US Intelligence Alarmed by Foreign Acquisitions

December 21, 2012

U.S. intelligence officials found with “moderate confidence” that one or more foreign governments had directed companies to acquire critical American technologies in a “coordinated strategy”, the Financial Times reports.

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Banks Are Too Big to Indict

December 14, 2012 Article: UBS Unit Said to Be Close to Guilty Plea in Rate-Rigging Scandal

Federal prosecutors are close to securing a guilty plea from a UBS subsidiary at the center of a global investigation into interest rate manipulation, the first big bank to agree to criminal charges in more than a decade.

Full Story: Article: How the GOP Engineered a Blow to the Unions

December 13, 2012

America still works. Albeit in small ways and places.

Collective bargaining may be weaker but corporate investments and competitive wages along with more flexible labor WILL create jobs. Article: How the GOP Engineered a Blow to the Unions

From outside Michigan Republican circles, it appeared that the Republican drive to weaken unions came out of the blue – proposed, passed and signed in a mere six days.

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One More Sign That China Gets It and Obama Wiffed It

December 10, 2012

Holy cow Batman. Seems like Obama just pre funded the domestic Chinese battery industry. If this ain’t pissing in your coke I don’t know what is.

After the failure to create jobs in his first term, Obama now has the embarrassing honor of having wasted half a billion dollars to help China get a toe hold in the US Electric Vehicle and Power Storage businesses.

Ironically the political win of this purchase is worth far more than the cost of the assets to the Chinese government, who even more ironically probably financed the transaction.

Mr. Obama, if this is your vision for American Clean Technology please do the country a favor and do nothing else in this space. We’re all better off waiting for competency in 2016.

DealBook (@dealbook)
12/10/12 7:59 AM
Chinese Car Parts Maker Wins Bidding for A123 Systems

Long Tail Search Engines Sponsored by Google

December 8, 2012

Below is a list of search engine ideas focused on a number of niche markets.

Agoogle…internate glossary of terms
Boogle…a scary site
Cloogle…a self help site (get a clue)
Doogle/Poogle…scatalogical humor site
Grateful Doogle…comprehensive Grateful Dead encyclopedia
Hoogle…people search site
Joogle…Jewish singles site
Koogle…mom’s favorite recipe for this Jewish tradition
Moogle…cow/dairy information site
Noogle…newlywed site
Soogle…free legal advice site
Toogle…all about twins site
Woogle…generic dating site
Zoogle…animal information site
Troogle…only factual search results site
Floogle…a site for when you are sick
Gloogle…sticky stuff site
Droogle…search their wide assortment of bibs and baby goods
Scroogle…xxx products and discount condoms too
Groogle…a site for short people
Yahoogle…a google search engine for Yahoo users
Twoogle…a site for dwose wif a lisp
Proogle….a site for prude girls
Yoogle…all about you or me, depending on who is searching
Schoogle…searching america’s best university’s site
Phoogle…phish info site
Choogle…a mastication site
Bloogle…a site for people who live the color blue
Fuckyoogle…a site dedicated to road rage!

Obama Drives Ferrari Off Cliff

December 5, 2012

Funny, a few months ago, despite deciding not to vote for Obama for a second term, I had that feeling that voting for the other guy an losing might still be a win-win outcome. After all Obama would be entering a second term. With the Clinton’s at his side he would probably come around to becoming a centrist, unafraid to partially alienate his base, and committed to getting past the roadblocks of the last few years.

After the election, the immediate sentiment regarding the fiscal cliff was leaning center from both sides of the isle. It was the right leadership at that moment and I bought it, sucker that I am. I genuinely believed that the road blocks were behind us.

Then about two weeks ago I watched Obama 2016, the documentary. When I finally turned the TV off, I went to sleep with a forbearing that my win-win scenario may have been a pollyannish dream of some positive outcome.

This is not a review or summary of that movie, suffice to say it gave me more confidence that I was wrong in assuming that Obama and Compromise might be two words fit to print.

The US economy is a well oiled machine, and the inter workings of commerce are so “just in time” these days that brinksmanship can have a real effect on jobs, prices, wages and consumption.

Brinksmanship at this stage will also have knock on effects to our credit ratings which you could argue are meaningless in print or interpretation anyway.

But a country at the brink of default once generally gets more than a one notch downgrade as we did last August. A country at the brink of default twice in two years certainly is a higher risk in non linear terms than it was the first time for a variety of reasons including the political impasse that got us there, possibly twice now.

But what are the real risks for Obama to play this game of cat and mouse with the US economy? Zero. As a second-term president with a dogmatic view of the world there is no losing. If we go over the cliff the disruption will create more opportunity for him to take credit for the “leadership” that follows.

Obama’s paternal condescendance towards the GOP will only be beaten by the wisdom of a grandfather figure at least as intelligent and prosaic as Obama is. Boehner is not that person. McCain was not either. What we need is a grandpa with accomplishment that brings power and a wisdom that understand the fight of the fatherless son.

My only certainty now is that the deck is stacked for the car to go over the cliff. Best we can do is to get out of the way, and if your dark minded to get a good seat and try to video tape the dramatic views. Article: Obama to Stress Need to Raise Debt Limit ‘Without Drama’

President Barack Obama will renew his case for tax hikes on wealthy Americans to avert a year-end fiscal crunch and call for a smooth increase in the nation’s borrowing limit in a speech to a business group on Wednesday, a White House official said.

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