AP Waters Down Impact of Romer’s ‘Stimulus Has Had Biggest Impact’ Remark, Ignores Other Howlers

October 25, 2009

It would appear that the Apparatchik Press — er, the Associated Press — thinks that part of its job is to soften the impact of embarrassing admissions made by Obama administration members.

Take the wire service’s Thursday afternoon AP report by Jim Kuhnhenn on Council of Economic Advisers’ chair Christine Romer’s observations about the stimulus package. Romer said (in AP’s words) that “the government’s economic stimulus spending has already had its biggest impact,”Source: BizzyBlog RSS Feed

Advertisements

There May Be No Coping With Copenhagen

October 25, 2009

Obama’s signature on a climate treaty in December could irretrievably compromise American sovereignty.

______________________________

Note: This column appeared at Pajamas Media and was teased here at BizzyBlog, with an accompanying supplement on the constitutional situation with any sovereignty-compromising treaty that might be signed there, on Friday morning.

Update 1: The column text says that Obama may — emphasis may — attend the UN -sponsored CopenhagenSource: BizzyBlog RSS Feed

Watchdog Group: TARP Won’t Repay Taxpayers or Change Wall Street Culture

October 22, 2009

Image source

USA Today reports:

A Treasury Department watchdog is warning that a key $700 billion bailout program has damaged the government’s credibility, won’t earn taxpayers all their money back and has done little to change a culture of recklessness on Wall Street.

“The American people’s belief that the funds went into a black hole, or that there was a transfer of wealth from taxpayers to Wall Street, is one of the worst outcomes of this program, andSource: Business Pundit RSS Feed

Nook e-book reader from Barnes & Noble

October 22, 2009

Nook e-book reader from Barnes & Noble

Barnes & Noble has finally made its Nook e-book reader official, where it will come with a pair of displays (don’t confuse this with the Spring Design Alex), where the top will be a 16-color e-ink screen while the bottom is a full color 3.5′ touchscreen LCD display which will be used to check out your library’s contents or even function as a virtual keyboard (albeit a tiny one) for input purposes. Other features include 3G and Wi-FiSource: Technopress RSS Feed

VIDEO: Drop whatever you’re doing and watch Black Lightning trailer

October 20, 2009

Filed under: Videos, Russia

Click above to view the video after the jump
A couple of weeks ago we shared the trailer for a film about a very famous car from behind the Iron Curtain — the Belgrade Phantom. However, it’s been 20 years since the former Soviet Bloc began to disintegrate and frankly, much has changed. For instance, while a Porsche 911 might have been rarer than a UFO on the streets of Moscow in the 1980s, luxury cars of all stripes are essentially par for theSource: Autoblog RSS Feed

kaChing Makes it Easy to Ride Successful Investors’ Coattails

October 20, 2009

kaChing, an investing website started under the name FSX in 2008, has automated the process of imitating successful investors (something Warren Buffett calls “riding coattails”). Simply select the portfolio of one of kaChing’s certified “investing geniuses,” then set your own portfolio to mimic it. kaChing’s website describes how they select geniuses:

Leveraging its “Radical Transparency,” kaChing developed Investing IQ, the first objective and data-driven metric that Source: Business Pundit RSS Feed

Mompreneur Strikes Gold With New Twist On The Baby Sleeper

October 15, 2009

IndyStar.com:

Momprenuer, local resident, and mother of two, Cindi Wise, has formulated an entire baby clothing line that aims to make parents lives easier using more practical, yet stylish, ways to change a baby’s diaper.

Hello World™ Clothing Company launched its first product, the patent pending SmartZip™ Sleeper, in June 2009. This infant sleeper literally transforms the way parents change their infants; from the bottom, where it makes the most sense. The SmartZip™Source: Business Opportunities Weblog RSS Feed

Great Vengeance and Furious Anger: Samuel L. Jackson Pontiac voiceover outtake *NSFW* [w/VIDEO]

October 15, 2009

Filed under: Marketing/Advertising, Videos, Pontiac

Click above to listen to Samuel L. Jackson’s Pontiac Grand Prix commercial outtake after the jump
Samuel L. Jackson has been a pop culture phenomenon since long before he strode onto the set of Quentin Tarantino’s Pulp Fiction as hitman Jules Winnfield. And the smooth-talking actor has historically made for a great pitchman, too – except when he told us to watch Snakes on a Plane. General Motors’ now-defunct Pontiac brandSource: Autoblog RSS Feed

Elegant Greywater Recycling in the Bathroom

October 14, 2009

This beautiful design helps make greywater-recycling feel like a normal routine, an accepted practice. This is a necessity in a world in which water conservation is a must. The Barcelona-based design firm Roca showed the first ever toilet-sink combo that not only saves water but does it elegantly at the London Design Festival.

This sculptural beauty is a far cry from the incredibly ugly little sinks-in-the-toilet tank that have been seen around the internet till now.

It reduces Source: Home Design Find RSS Feed

Are Entrepreneurs Born Or Made?

October 14, 2009

Blogger Scott Shane at The New York Times ponders an interesting question…are entrepreneurs born or made?

The tendency to be an entrepreneur is heritable. (Heritability is the proportion of difference between individuals explained by genetic factors.)

We found these heritabilities were substantive regardless of what indications of entrepreneurship we measured: owning or operating a business, the number of businesses owned and operated, starting a business, the number ofSource: Business Opportunities Weblog RSS Feed