Thursday, December 30, 2010

Making Fast Money

Mollie Vandor is the product manager for Ranker.com where she likes to make lists about reading, eating and bad-TV-watching. She’s also the media director for Girls in Tech LA. You can find her on Twitter @Mollierosev and on her blog.

Whether you’re looking to make a big change, or just tweak a few little things, the new year gives you the perfect opportunity to reflect on your behavior and resolve to do better going forward.

Of course, it’s one thing to say you want to tackle a typical resolution like get in better physical shape, get in better financial shape or — like many of us who work on the web — get your social media presence in order. It’s another thing to actually accomplish those big, broad goals.

So this year, instead of making your goals big and broad, why not take a page from the web world and use analytics to pinpoint the specific stuff you want to change? And, by that same token, why not use data tracking to hold yourself accountable for keeping all those resolutions too?

Read on for some tips on how to use social media to corral your New Year’s resolutions. Let us know in the comments below what tips worked for you, or share your own resolution advice.

Let’s Get Physical/>

There’s the freshman 15 everyone gains from collegiate pizza and beer, and then there’s the startup 15 many of us tech geeks gain from sodas and office snacks. Between the time spent sitting in front of a computer screen and the time spent networking over drinks and dinners, it’s easy to put on pounds when you work on the web. Of course, you can always try the startup diet, but that’s not necessarily going to work for everyone.

Keeping a food and exercise log might sound like a daunting task, but it turns out you may already be tracking some of that data without even knowing it. Foursquareclass="blippr-nobr">foursquare actually lets you see your entire checkin history and, if you do a quick search, you can find it so you can easily see whether you’ve really been going to the gym or frequenting your fast food runs.

Similarly, the Foursquare stats page lets you see your own checkin trends in handy graphs and lists. There’s even a site called weeplaces that lets you turn your Foursquare, Facebook Places and class='blippr-nobr'>Gowallaclass="blippr-nobr">Gowalla checkins into graphic visualizations. And, weeplaces will let you filter those visualizations by food-related checkins and parks and recreation checkins, so you can really get a handle on your history.

class='blippr-nobr'>Google Mapsclass="blippr-nobr">Google Maps also lets you search your own history, so can get a visual reminder of the places you’ve been searching for, and start picking up on trends in your own behavior. You just have to enable it. And, of course, there’s the age-old pedometer, made a lot easier and more fashionable via a host of iPhoneclass="blippr-nobr">iPhone and Androidclass="blippr-nobr">Android apps that let you easily track how much you’re walking without having to do anything more than a quick download.

Of course, once you establish the things you want to change about your eating and exercising habits, you still have to make those changes stick. class='blippr-nobr'>Appsclass="blippr-nobr">Apps like LoseIt, Weight Watchers and LiveStrong let you log calories you eat and calories you burn via your smartphone. Fitango prescribes personalized plans to help you get in shape, and gives you a forum for sharing milestones you meet with your friends. Similarly, Phitter is like a fitness-focused class='blippr-nobr'>Twitterclass="blippr-nobr">Twitter stream where people share weight loss trials, tribulations and tips to help keep each other going.

Or, you can try something like the Social Workout Challenge, which gives you fitness goals to meet and a community of people to keep you accountable for meeting them. If you really want to take your weight tracking to the next level, there’s even a scale that automatically tweets your weight to the world. While you’re at it, FixNixer and QuitMeter also give you similar tools for tracking your way out of a smoking habit, another great way to get yourself in better physical shape in the new year.

Money, Money, Money/>

For many people, the New Year is also a great time to get a fresh financial start. But again, it’s a lot easier to make changes going forward when you know how you’ve been behaving in the past. That’s where a site like Mint.com can be very handy. class='blippr-nobr'>Mintclass="blippr-nobr">Mint aggregates all of your various accounts, including credit cards, bank accounts and assets, and then turns your spending habits into easy-to-read charts and graphs that show you where you’re spending and where you could be saving. It even lets you compare your shopping and spending habits with other people in your area, so you can see how you stack up. Many credit cards, like American Express Blue and Visa Signature, also give you year-end spending summaries that show you how much you’ve spent, how much you’ve saved, how much interest you’ve accumulated and more.

Once you’ve nailed down how your money is going out the door, you can start figuring out ways to keep more of it in your wallet. Again, this is where tracking will be key to actually keeping those resolutions. First, you can establish your financial goals via an online calculator, which lets you figure out exactly how much to start saving. Once you’ve figured out your goals, there are more than 50 great, free mobile apps to help you track your spending. On Facebook, the BillMonk app will help you keep better track of those tricky situations where you’re sharing a bill with friends, and you need to make sure everyone knows what they owe. XPenser lets you record your expenses from any device, including via tweet and e-mail, and TweetWhatYouSpend gives you a forum for sharing your expenditures with everyone on Twitter, so your friends can help hold you accountable when you blow your budget shopping those post-holiday sales.

Get Your Social Media in Shape/>

Whether or not you work on the web, if you’re reading class='blippr-nobr'>Mashableclass="blippr-nobr">Mashable, chances are you have a social media presence. And, just like your physical and financial identities, your social media self might be due for a little makeover in 2011 too. The good news is that the data is even easier to find when you’re talking about your personal tech habits. For example, you can use the Top Words app to figure out the topics you talk about most on class='blippr-nobr'>Facebookclass="blippr-nobr">Facebook. Klout tells you which topics you talk about the most on Twitter, and all sorts of other stats that will help you pinpoint what it is about your social media presence that you may want to change.

Similarly, BackType analyzes your Twitter profile and tells you what percentage of your tweets are replies, retweets, links, etc. Like Klout, it also tells you who you’re influencing and who your influencers are. And, it shows you your most shared sites. All of these are great data points for determining things you’d like to change about your social media presence. Finally, ViralHeat gives you in-depth analysis of the sentiment around your various social network profiles, which really lets you hone in on how your social media behavior is being received by your followers on Facebook, Twitter and across the web.

Once you’ve established what you want to change, you can set up ViralHeat to send alerts and updates directly to your inbox so you can track the impact of those changes on the fly. Similarly, since Klout and BackType both update regularly now, you can see your statistics change as your behavior does, which is a great way to keep yourself motivated. And, of course, make sure you set up Google Alerts to track all the activity around your various accounts.

If your resolution involves blogging more often, there are plenty of apps to help you do that on the go, right from your phone. Another way to remind yourself of things you want to blog, tweet or post about is by using a service like TwittRemind, which lets you tweet yourself reminders to do things throughout the day.

To make the most of your many profiles, consider setting up a hub page via a service like about.meclass="blippr-nobr">about.me, which lets you showcase all your profiles in one place. Or, sign up for a social network aggregation service to make it easier to make changes on all your profiles at once. You also might want to consider setting up a targeted Twitter list of friends and followers who can help you hold yourself accountable and focus your social media efforts so you can minimize the number of relationships you’re managing and maximize the return you’re getting from all these changes.

New Year, New You/>

Whether your New Year’s resolutions involve getting yourself in better physical, financial or social media shape, the web can help you figure out exactly what you want to change and how you’re going to keep yourself accountable for changing it. 2011 is a brand new year and a completely fresh start, and, breaking your New Year’s resolutions is so 2010.

More Social Media Resources from Mashable:

- 10 More Creative Uses of the New Facebook Profile [PICS]/> - 10 Cool Facebook Status Tips and Tricks/> - 6 Reasons Why Social Games Are the Next Advertising Frontier/> - 3 Things Brands Must Do to Reach Millennials Online/> - How Social Media Can Help With Your Long Distance Job Search

Image courtesy of iStockphotoclass="blippr-nobr">iStockphoto, DNY59

For more Social Media coverage:

    class="f-el">class="cov-twit">Follow Mashable Social Mediaclass="s-el">class="cov-rss">Subscribe to the Social Media channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for Android, iPhone and iPad
First, there are things like money and energy.  Russia has both.  The EU is going broke.  The Kremlin could be thought of as a rich uncle once removed, a kind of orthodox Santa Claus.  The Russian economic model may be predicated on natural resources and larceny, but whatever the Russians are doing seems to be keeping Europe warm and working better than communitarianism.  Indeed, if Angela Merkel stops writing checks, Western Europe may fold like a cheap tent.  And Americans may not see black ink until sometime after they win a World Cup.  NATO should welcome Russia because all clubs should have at least one member solvent enough to pay for the electric bill and the adult beverages.
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Larry Kramer: This Is Why Fox <b>News</b> Continues To Roll

People are getting lazy about forming their own opinions.

<b>News</b> - Queen Elizabeth Welcomes First Great-Grandchild! - Moms <b>...</b>

Peter Phillips' wife Autumn gave birth to a baby girl Wednesday.

<b>News</b>.me, Betaworks &amp; NYT&#39;s Stealthy Social <b>News</b> Project, Starts <b>...</b>

News.me, the stealthy social news project being developed by Betaworks in conjunction with The New York Times, has just started accepting invite requests. As part of the partnership deal, ...


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Tuesday, December 28, 2010

Free Making Money

First, there are things like money and energy.  Russia has both.  The EU is going broke.  The Kremlin could be thought of as a rich uncle once removed, a kind of orthodox Santa Claus.  The Russian economic model may be predicated on natural resources and larceny, but whatever the Russians are doing seems to be keeping Europe warm and working better than communitarianism.  Indeed, if Angela Merkel stops writing checks, Western Europe may fold like a cheap tent.  And Americans may not see black ink until sometime after they win a World Cup.  NATO should welcome Russia because all clubs should have at least one member solvent enough to pay for the electric bill and the adult beverages.

It looks like Shep Smith isn't the only person on Fox News that was shamed by Jon Stewart into getting a bit tougher on these Republicans for filibustering the first responders bill. Chris Wallace brought up Stewart's interview with first responders to Jon Kyl, and in response we just got more sorry excuses as to why he still would not support the bill.


Kyl Denies Health Care For 9/11 Rescue Workers Because He Doesn’t Want To ‘Hurry’:


Last week, an incensed Jon Stewart invited 9/11 first responders to the Daily Show to offer their thoughts on this callous behavior. “Disgusted” and “hurt” by their actions, the rescue workers admonished Republicans for using the holiday schedule and Senate process as an excuse to block desperately needed help. Recounting their criticism today, Fox News Sunday host Chris Wallace asked Sen. Jon Kyl (R-AZ) why he couldn’t “find a way to give these heroes peace of mind when it comes to health care.” Ignoring their emotional pleas, Kyl insisted that, while he didn’t want to deny care to those who desperately need it, he just refuses to do so “in a hurry”.


Kyl’s excuses fall flat in the face of fact. Any cries for more time ignore that both the Senate and House version of the Zadroga bill have been available to Kyl since 2009. If a year with the text wasn’t enough, Kyl was free to attend the bill’s June 2010 Senate hearing he insists never happened. Had he shown up, he would’ve learned that the bill is very clear on who is eligible for funding. First responders can pursue compensation established by the Zadroga bill to bolster any coverage already received from the current health fund set up in New York City.


As Jon Stewart pointed out earlier this week as well, after refusing to give these first responders health care, none of these birds should ever be allowed by our media to invoke 9-11 for political purposes ever again. Let's hope this thing gets passed despite the continued obstruction by the likes of Kyl and his fellow shameless Republican cohorts.


Transcript via Nexis Lexis.


WALLACE: Joining us now, two Senate leaders, the number two Democrat, Dick Durbin of Illinois, and his Republican counterpart, Jon Kyl of Arizona.


And, Senators, welcome back to "Fox News Sunday."


KYL: Thank you, Chris.


WALLACE: Senators, before we talk about issues that have gotten a lot of attention, I want to ask you about one that hasn't, and let me begin with you, Senator Kyl.


Will you vote this week for the 9/11 bill that would guarantee health care for the first responders who went to Ground Zero?


KYL: I don't know if that bill is going to come before us, but Dick tells me just a moment ago that he thinks that it will. First question is, is it amendable, or is it a take it or leave it proposition? The bill hasn't been through committee. There are problems with it.


And I think the first thing Republicans will ask is do we have a chance to fix any problems that may exist with it. And it's a lot of money, and so I -- my early response is that I am skeptical about that bill.


WALLACE: Senator Durbin, Republicans in addition to Senator Kyl say - - Republican critics say that you're creating a $7 billion entitlement, and that the way you pay for it is a corporate tax increase.


DURBIN: Chris, I can tell you that Senators Kirsten Gillibrand and Chuck Schumer have been working nonstop for the last several weeks with Republicans to try to find the best way to approach this. These first responders literally risked their lives when they went to Ground Zero. They came from all over the United States. And now many of them are struggling with health problems that are clearly directly related to that experience. To turn our backs on these brave people is the wrong thing to do.


Will it cost money? Yes. Is it the right thing to do? Yes. We've got to find a way to fund it that's acceptable to Republicans and Democrats.


WALLACE: Well, but let me ask you about that, Senator Durbin. If this 9/11 bill is so important, why is it that the Democratic- controlled Senate never held a vote on this bill until the lame duck session and that President Obama, the best we can tell, has never said a word about this bill in public?


DURBIN: I can't tell you where the White House stands. I hope they support it. I will just tell you this. This is like an airport that has a runway closed down. We have aircraft stacked up trying to land. We have bills stacked up over the Senate because of the nonstop filibusters that we faced this year.


I wish we could have done things more efficiently and more directly. But we've lurched from one 30-hour delay to another 30-hour delay to more Senate quorums. This Senate could be much more efficient. It should be. And it should be much more bipartisan than this.


WALLACE: Will this bill pass?


DURBIN: I think this bill will pass, and I do believe that Senators Gillibrand and Schumer are working night and day to make that happen.


WALLACE: Senator Kyl, one of your objections is -- he was blaming you for the filibusters. One of your objections is that Harry Reid put too many items on the agenda in this lame duck session.


I want to play what you said and then how one of the first responders who now has cancer reacted. Let's watch.


(BEGIN VIDEO CLIP)


KYL: It is impossible to do all of the things that the majority leader laid out without doing -- frankly, without disrespecting the institution and without disrespecting one of the two holiest of holidays for Christians.


(END VIDEO CLIP)


(BEGIN VIDEO CLIP)


(UNKNOWN): I'm here to say that you won't find a single New York City firefighter who considers it a sign of disrespect to work in a New York City fire house on Christmas Eve or Christmas Day.


(END VIDEO CLIP)


WALLACE: Senator, everyone -- everyone -- praises the first responders as heroes. You say you're skeptical about this bill. Why not find a way to give these heroes peace of mind when it comes to health care?


KYL: Well, first of all, they should have peace of mind when it comes to health care. The question is what and how.


And when you try to do it, as you said in your introduction, in a hurry, in the lame duck session, without a hearing, without understanding what the ramifications are and whether we can amend the bill, you're doing it in the worst way.


For example, there's already been a settlement for a lot of these people, a fund that has been set up for them to receive funding. Will the people that are supporting this legislation be able to participate in that fund? Nobody has been able to say. Why $7 billion? What will the requirements for qualification be for the money?


Nobody wants to deny care to people who -- and by the way, these are primarily people who helped to clean up the site in the aftermath of 9/11, and there weren't adequate precautions taken in some cases to deal with potential health issues. And to the extent that they've become ill, they do need to be taken care of.


It's one thing to make an emotional appeal, to say we need to care for somebody who did something good. It's another to do it in a sensible way. And that's all we're asking for. You bring it up in the lame duck session with no opportunity to amend it, and you're probably going to make bad legislation.


WALLACE: Let me move to...


KYL: All of this could have been done earlier, I might add.




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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


bench craft company scam

Fox <b>News</b> - Ratings - 2010 | MSNBC - CNN | Mediaite

Fox News will mark 2010 as one of the best years since the network's launch in 1996. The network posted powerful ratings, beating the combined ratings of CNN and MSNBC and marking the ninth straight year as cable's top news network.

Chupacabra Watch: Kentucky Livestock Killer Could Be Hairless Coyote

Weird News From Our Partners. Fark � Many people spend money they don't have during the holidays. One way you can avoid extra fees is to pay your bills on time. It's not fiscal responsibility, it's Ric Romero's consumer tips ...

Great <b>news</b>: Congress discovers exciting new ways to earmark « Hot Air

Great news: Congress discovers exciting new ways to earmark.


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Thursday, December 23, 2010

personal finance budgets


I've mentioned this piece a number of times now, from Roger Altman and Richard Haass, "The Consequences of Fiscal Irresponsibility." The introduction provides the background to America's massive fiscal overhang, and then this:
It is important to understand the impact of all this debt. As it grows, interest rates inevitably rise. As they do, the U.S. government's annual interest expense -- the cost of borrowing money -- will rise from one percent of GDP to four percent or more. At that point, interest expense would rival defense expenditures. And it would exceed all domestic discretionary spending, a category that includes spending on infrastructure, education, energy, and agriculture -- in effect, anything other than entitlements and national security. The U.S. Treasury would need to borrow a staggering $5 trillion every single year, both to finance deficits and to refinance maturing debt.

Yet the real outlook for deficits and debt is much worse than these forecasts. For one thing, the debt that the United States effectively guarantees but that is not included in official totals is almost equal to the Treasury Department's stated $9 trillion total. In particular, the debt of government-sponsored enterprises is another $8 trillion. The biggest of these are the essentially bankrupt housing finance agencies, Fannie Mae and Freddie Mac. They have been placed into federal conservatorship, and for all practical purposes, their debt is equivalent to U.S. Treasury debt. The American taxpayer stands fully behind it.

State and local governments also owe huge amounts, on the order of $3 trillion. And again, Washington indirectly stands behind much or all of it. This sector is deeply distressed, with the largest state, California, recently issuing IOUs. Moreover, many state and municipal pension systems use an antiquated pay-as-you-go funding approach, which has left them underfunded by another $1 trillion.

The post-2020 fiscal outlook is downright apocalyptic, for two reasons. First, the aging of the U.S. population will drive sharp increases in health care costs (and at the same time, more Americans will be retired). Second, federal interest expense will rise exponentially, as the Treasury's borrowing costs grow with the debt. The Congressional Budget Office projects that official federal debt (excluding government-sponsored enterprises) could hit 110 percent of GDP by 2025 and 180 percent by 2035. Adjusting these forecasts for the inevitably slower growth that would accompany such quickly rising debt levels means hitting those stratospheric ratios sooner.

Why is this scenario so dangerous? One reason is that a large amount of federal borrowing would eat up the stock of private capital that is available to finance investment. A higher and higher percentage of personal savings would be diverted to purchasing government debt and away from productivity-enhancing investments in equipment and technology. This would shrink the base of productive capital and flatten GDP and family incomes. As more and more debt piled up, growth would slow and Americans' standard of living would fall.

In addition, interest expense would become so large as to crowd out whole categories of federal spending. Budgets for research, education, and infrastructure, to name but three examples, would inevitably decline in inflation-adjusted terms. Washington's capacity to respond to domestic crises, such as the recent recession, would also fade. All of this would further undermine families' incomes.
More at the link.

My problem with this piece is that it's way too pessimistic, even for a problem of this magnitude. There's no discussion of how tax receipts rise dramatically during periods of robust economic growth. So should the administration agree to the extention of the Bush tax cuts from 2003, it's possible that a surge in GDP --- with a boom in individual and corporate profits --- could send a significant windfall of revenue to the treasury. This was indeed happening by the last couple of years of the Bush administration, and it's likely to happen over the next few years, now that the GOP has retaken the House. See the commentary at Wall Street Journal, "
Liberal Tax Revolt."

And refer to my bullish comments from Saturday on the international aspects of coming growth domestically: "
The World in China's Orbit?"


Intuit-owned Mint.com is heading to schools today with the launch of a free, online program designed to educate middle-school students about personal finance and financial management.


Mint has partnered with educational publisher Scholastic to develop materials that parents and teachers can use to teach children the ins and outs of personal finance management. The materials includes lesson plans as well as an interactive game, to teach children money management, budgeting and goals.


For example, the program teaches children the concept of compound interest with real-life math problems, and encourages children to set goals and budgets with their own current work opportunities (i.e. babysitting).


Mint says the curriculum will be expanded to 30,000 classrooms nationwide early next year. Considering the state of the economy and credit, teaching children financial literacy and sounds personal finance practices at an early edge is an incredibly important initiative. In terms of branding, this is a big win for Mint, which can start building awareness of its tools among students at an early age.



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New York Daily <b>News</b>: Johnny Damon&#39;s Return To Yankees &#39;Unlikely <b>...</b>

According to Newsday, the Yankees have had "multiple conversations" with Johnny Damon about returning to the Bronx. However, a conflicting report from the NY Daily News labels the potential signing as "unlikely."

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News Conference by The President. South Court Auditorium, Eisenhower Executive Office Building. 4:16 P.M. EST. THE PRESIDENT: Hello, everybody. Good afternoon. I know everybody is itching to get out of here and spend some time with ...


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CLASSIC: Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos <b>...</b>

epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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bench craft company scam

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epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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<b>News</b> Conference by The President | The White House

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bench craft company scam

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epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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bench craft company scam

CLASSIC: Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos <b>...</b>

epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

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bench craft company scam

CLASSIC: Probably Bad <b>News</b>: Headline FAIL - Epic Fail Funny Videos <b>...</b>

epic fail photos - CLASSIC: Probably Bad News: Headline FAIL.

New York Daily <b>News</b>: Johnny Damon&#39;s Return To Yankees &#39;Unlikely <b>...</b>

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<b>News</b> Conference by The President | The White House

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Wednesday, December 8, 2010

Making Money Guide

As if we needed further proof that the barter culture of our forefathers is making a comeback in these complex and trying times economically speaking, hot on the heels of some Canadian store offering a 32″ HDTV in exchange for six games last week, we now have GAME/Gamestation stores offering (the excellent, we hear) Donkey Kong Country Returns in exchange for a bunch of bananas.

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id="more-47672">The first 20 gamers who make it to GAME stores in Oxford Street, London, Merry Hill Dudley or GameStation at Prospect Centre, Hull, 8 am Friday morning, with bananas in tow (exact required quantity unknown) will be guaranteed to freeze diverse parts of their anatomy off as well as getting the game for free. And we’re betting we know exactly what they’ll be talking about, besides banana prices. No word on whether this fabulous promotion is on in PlayStation Home as well, though we’d wager on the negative.

I have never been one to read books or PDFs on my computer screen. Give me a paperback book, or a printed page, and I can get through it quickly, but sit me in front of a screen and I just can’t make myself read it. Now with the advent of eReaders like the Kindle, and tablets like the iPad, reading a book off a screen isn’t as hard as it used to be.

There is no end to the wealth of free eBooks available online today, from literature to books on social media, to teaching yourself how to use Linux. There is one topic, blogging, with countless eBooks available, both paid and free, and it just takes a little bit of digging to find some of the best ones out there. This list of 7 books is a good place to start, with advice for both beginners and advanced bloggers alike.

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Deep Secrets of Successful Blogging

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It may be a few years old, but the wealth of information contained in Chitika’s Deep Secrets of Successful Blogging makes it just as relevant a book today as when it was first posted on their site.

Featuring the words of wisdom of 30 prominent bloggers including Chris Pirillo and Darren Rowse amongst others, the free eBook contains encouragement, advice and guidelines for the aspiring blogger.

Get the free eBook here.

279 Days to Overnight Success

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279 Days to Overnight Success by Chris Guillebeau is available for free download in PDF format from his website. Not only useful for bloggers, the free eBook is a must-read for any writer, artist or modern entrepreuner who wants to create an online presence for themselves.

Guillebeau uses his own journey to becoming a full-time writer as a guideline for others to follow.

The free PDF is available for download here.

If his style appeals to you, be sure to check out his earlier tile, A Brief Guide to World Domination available for download here.

Viral Copy

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Viral Copy by Brian Clark of Copyblogger takes on a very straightforward approach and can truly be seen as an essential guidebook for any blogger to read.

From the art of writing headlines to link baiting to how to use humour in your writing, Clark leaves no stone unturned, on how to drive traffic to your blog. In fact, you can see him put his own advice to good use with the links used in the eBook, making it hard to read the book offline.

Viral Copy is available for downlaod here.

Make Money Online With John Chow dot Com

style="text-align: center;">

At first glance, Make Money Online by John Chow book probably sounds like one of those get-rich-quick scams but don’t be fooled. There is no hidden secret that will make you reach instantaneously. Instead, John Chow gives you an outline on how to drive traffic to your site, as well as giving specific recommendations on ad networks, and most importantly, how to monetize your blog. The book is best suited for beginners who are just getting started and don’t know much about how to make money in the blogging world.

While the book is available in paperback from Amazon, John Chow offers it as a free download on his site here.

Traffic Roots

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You’ll find that a lot eBooks about blogging focus on one specific topic – traffic. And rightly so, because without an audience to read what you’re writing – it all starts to feel futile. Traffic Roots by Jens Berget covers important topics like Search Engine Optimization, Email Marketing, Keyword Search and much more in over 130 pages of advice, tips and tricks.

Traffic roots is another ideal title for beginners, and may also contain some interesting tips for the slightly more advanced blogger. Download the PDF here.

Beginners Guide to Search Engine Optimization

style="text-align: center;">

If your focus is to learn more about Search Engine Optimization, and need an introductory explanation, the Beginners Guide to Search Engine Optimization is a great place to start.

The guide covers the basic terms, explains how it all works, and tells you what you need to do to make use of these concepts on your own website.

There is no direct link to download the book, but rather can have it emailed to you by submitting your email here.

Viral Marketing

style="text-align: center;">

Getting people to your blog is not just about SEO and link building. You also have to know how to market yourself. Viral Marketing by David Meerman Scott has been available for a couple of years but is a good place to start to understand what viral marketing is and what it takes to get in on the game.

The title is available for download here, along with a few other interesting titles by Scott.

What eBooks for bloggers are on your virtual shelf? Let us know in the comments.

Image credit: Shutterstock


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Follow the latest reaction and fallout as the WikiLeaks founder Julian Assange is denied bail, and the latest leaked cables reveal US plans to defend Poland and Baltic states against Russia.

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The arrest of Julian Assange: as it happened | <b>News</b> | guardian.co.uk

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The arrest of Julian Assange: as it happened | <b>News</b> | guardian.co.uk

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Small Business <b>News</b>: The Business Of Social Media

Are you in the business of social media? If you are involved in almost any business today you really should be or at least you should have a social media.

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Follow the latest reaction and fallout as the WikiLeaks founder Julian Assange is denied bail, and the latest leaked cables reveal US plans to defend Poland and Baltic states against Russia.

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Are you in the business of social media? If you are involved in almost any business today you really should be or at least you should have a social media.

The arrest of Julian Assange: as it happened | <b>News</b> | guardian.co.uk

Follow the latest reaction and fallout as the WikiLeaks founder Julian Assange is denied bail, and the latest leaked cables reveal US plans to defend Poland and Baltic states against Russia.

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The arrest of Julian Assange: as it happened | <b>News</b> | guardian.co.uk

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The arrest of Julian Assange: as it happened | <b>News</b> | guardian.co.uk

Follow the latest reaction and fallout as the WikiLeaks founder Julian Assange is denied bail, and the latest leaked cables reveal US plans to defend Poland and Baltic states against Russia.

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Follow the latest reaction and fallout as the WikiLeaks founder Julian Assange is denied bail, and the latest leaked cables reveal US plans to defend Poland and Baltic states against Russia.

John Lennon Remembered: 10/9/40 – 12/8/80 | Rolling Stone Music

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Tuesday, December 7, 2010

Help Making Money



America is filled with parks that are filthy, dangerous and badly maintained. The governments in charge plead: We can't help it. Our budgets have been slashed. We don't have enough money!

Bryant Park, in midtown Manhattan, was once such an unsavory place. But now it's nice. What changed? Dan Biederman essentially privatized the park.

With permission from frustrated officials who'd watch government repeatedly fail to clean up the park, Biederman raised private funds from "businesses around the park, real estate owners, concessions and events sponsorships. ... (S)ince 1996, we have not asked the city government for a single dollar."

Sounds good to me. But not to Shirley Kressel, a Boston journalist.

I asked her what's wrong with getting the money from private businesses, as Dan does.

"Because it goes into private pockets," she said.

So what?

"Because it's very good (for Dan) to use the public land for running a private business, a rent-a-park, where all year 'round there's commercial revenue from renting it out to businesses. He keeps all that money. People don't realize that."

So what? I don't care if they think the money is going to Mars. The park is nice, and people don't have to pay taxes to support it.

The park is certainly more "commercial" now. The day I videotaped, there were booths selling food and holiday gifts. The public seemed fine with that.

Biederman is not finished with his efforts to save public parks. He next wants to apply his skills to the Boston Common. The Common is America's oldest public park, and like many others, it's largely a barren field. Biederman doesn't want to seek business funding, as he did with Bryant Park, because the area is not as commercial. Instead, he would combine the Bryant Park and Central Park models. I know something about Central Park because I'm on the board of the charity that helps manage it. When government managed Central Park, it was a crime zone. Now it's wonderful. Those of us who live near it donated most of the money that renovated and now maintains Central Park. It's not a business arrangement.

Kressel says she'll fight Biederman's plan for Boston.

"(W)e don't need ... to teach our next generation of children that the only way they can get a public realm is as the charity ward of rich people and corporations," she said. "We can afford our public realm. We're entitled to it. We pay taxes, and that's the government's job."

The Central Park model "doesn't work for 98 percent of the country," she added.

I don't know what'll happen to the rest of the country, but it's working in Central Park. Why not try it in Boston? It's working for the public.


Now I know not every player in the league is making as much as Tom Brady or Peyton Manning. Most not even close actually. So I wanted to layout what certain players are making now and use the formula the NFL Union laid out to them and said to save their last three game checks for the possibility of a lockout next season.


As per PFT (Pro Football Talk) here is a breakdown of NFL minimum salaries for the 2010 season. 


Rookies - $320,000
1 Season - $395,000
2 Seasons - $470,000
3 Seasons - $545,000
4-6 Seasons - $630,000
7-9 Seasons - $755,000
10 or more Seasons - 855,000 


So let’s take a rookie at a salary of $320,000 as an example and divide it by 17 weeks (NFL season/year minus playoffs). That comes out to be $18,823 per week in those 17 weeks.  The letter was said to have stated to save your last three game checks to help you through a "non income time". So three game checks would roughly be around $56,469 for a rookie. 


Now, according to the US Census Bureau, the overall median personal income for all individuals over the age of 18 was $25,149 (and $32,140 for those ages 25 or above). These are individual stats not for families.


And yes I know you are not "suppose" to compare what the so called average person makes towards what a professional athlete makes. But no one is twisting these guys’ arms to buy $500,000 homes, have five cars and take tens of thousands of dollar vacations each year. They are complaining they are not going to have enough money to live on because they are not going to be making their entire salary for at least a year due to a lockout.


Give me a break.


It is hard for me to have sympathy for a guy that plays a game for 17 weeks of the year. And yes I know they train in the off-season too but the point is still they only play for 17 weeks during a season and make the sort of money they do. Then turn around and complain about it when they are told to save three game checks in case of a lock out.


Especially when a rookie making the league minimum makes pretty much double what the average American makes in one year in three weeks.  It cannot be that hard to not go out and buy a new car or a new watch with diamonds all over it so you can be financial secure if there happens to be a work stoppage.


This is what normal people have to do to make ends meet. If you have bills to pay, you don’t go out and drop money in a night club or buy another car, no. You save your money so you can have a place to live or food to eat.


If it is “that” hard for them, they are in far more serious trouble than financially.


The bottom line for me is that they are more people sacrificing a heck of allot more for our protection like our military members that are not making anywhere near as much as these guys. Not to mention this is entertainment, NOT life or death.


Some will argue that their job puts more stress on their bodies or they get injured more so they need more money due to their jobs being more dangerous than mine. Or taking away a football player’s health care is just wrong as their jobs are so rough.


To me this is one of the dumbest arguments out there. I don't see fireman or police officers making six figure salaries and they put their lives on the line every time they go to work in something far more dangerous than being on a football field for 60 minutes a week. Their job is for our protection and freedom so we can go watch some guys play a game for hundreds of thousands or even millions of dollars on Sundays.


If NFL players cannot survive on what is usually twice as much as the normal person makes in a year (based on a rookie’s salary) I actually think they have bigger issues than just the NFL lockout. They are most likely going to be broke before they are done playing in the NFL.


In this case however, both the players and owners have been so greedy for so long they both come off looking bad. As well as they should to me. Both parties have made more money in a few months or years than most of us will ever see in a life time.


So NFL players and owners, if you are looking for sympathy or compassion from some of us, you are looking in the wrong direction.








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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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America is filled with parks that are filthy, dangerous and badly maintained. The governments in charge plead: We can't help it. Our budgets have been slashed. We don't have enough money!

Bryant Park, in midtown Manhattan, was once such an unsavory place. But now it's nice. What changed? Dan Biederman essentially privatized the park.

With permission from frustrated officials who'd watch government repeatedly fail to clean up the park, Biederman raised private funds from "businesses around the park, real estate owners, concessions and events sponsorships. ... (S)ince 1996, we have not asked the city government for a single dollar."

Sounds good to me. But not to Shirley Kressel, a Boston journalist.

I asked her what's wrong with getting the money from private businesses, as Dan does.

"Because it goes into private pockets," she said.

So what?

"Because it's very good (for Dan) to use the public land for running a private business, a rent-a-park, where all year 'round there's commercial revenue from renting it out to businesses. He keeps all that money. People don't realize that."

So what? I don't care if they think the money is going to Mars. The park is nice, and people don't have to pay taxes to support it.

The park is certainly more "commercial" now. The day I videotaped, there were booths selling food and holiday gifts. The public seemed fine with that.

Biederman is not finished with his efforts to save public parks. He next wants to apply his skills to the Boston Common. The Common is America's oldest public park, and like many others, it's largely a barren field. Biederman doesn't want to seek business funding, as he did with Bryant Park, because the area is not as commercial. Instead, he would combine the Bryant Park and Central Park models. I know something about Central Park because I'm on the board of the charity that helps manage it. When government managed Central Park, it was a crime zone. Now it's wonderful. Those of us who live near it donated most of the money that renovated and now maintains Central Park. It's not a business arrangement.

Kressel says she'll fight Biederman's plan for Boston.

"(W)e don't need ... to teach our next generation of children that the only way they can get a public realm is as the charity ward of rich people and corporations," she said. "We can afford our public realm. We're entitled to it. We pay taxes, and that's the government's job."

The Central Park model "doesn't work for 98 percent of the country," she added.

I don't know what'll happen to the rest of the country, but it's working in Central Park. Why not try it in Boston? It's working for the public.


Now I know not every player in the league is making as much as Tom Brady or Peyton Manning. Most not even close actually. So I wanted to layout what certain players are making now and use the formula the NFL Union laid out to them and said to save their last three game checks for the possibility of a lockout next season.


As per PFT (Pro Football Talk) here is a breakdown of NFL minimum salaries for the 2010 season. 


Rookies - $320,000
1 Season - $395,000
2 Seasons - $470,000
3 Seasons - $545,000
4-6 Seasons - $630,000
7-9 Seasons - $755,000
10 or more Seasons - 855,000 


So let’s take a rookie at a salary of $320,000 as an example and divide it by 17 weeks (NFL season/year minus playoffs). That comes out to be $18,823 per week in those 17 weeks.  The letter was said to have stated to save your last three game checks to help you through a "non income time". So three game checks would roughly be around $56,469 for a rookie. 


Now, according to the US Census Bureau, the overall median personal income for all individuals over the age of 18 was $25,149 (and $32,140 for those ages 25 or above). These are individual stats not for families.


And yes I know you are not "suppose" to compare what the so called average person makes towards what a professional athlete makes. But no one is twisting these guys’ arms to buy $500,000 homes, have five cars and take tens of thousands of dollar vacations each year. They are complaining they are not going to have enough money to live on because they are not going to be making their entire salary for at least a year due to a lockout.


Give me a break.


It is hard for me to have sympathy for a guy that plays a game for 17 weeks of the year. And yes I know they train in the off-season too but the point is still they only play for 17 weeks during a season and make the sort of money they do. Then turn around and complain about it when they are told to save three game checks in case of a lock out.


Especially when a rookie making the league minimum makes pretty much double what the average American makes in one year in three weeks.  It cannot be that hard to not go out and buy a new car or a new watch with diamonds all over it so you can be financial secure if there happens to be a work stoppage.


This is what normal people have to do to make ends meet. If you have bills to pay, you don’t go out and drop money in a night club or buy another car, no. You save your money so you can have a place to live or food to eat.


If it is “that” hard for them, they are in far more serious trouble than financially.


The bottom line for me is that they are more people sacrificing a heck of allot more for our protection like our military members that are not making anywhere near as much as these guys. Not to mention this is entertainment, NOT life or death.


Some will argue that their job puts more stress on their bodies or they get injured more so they need more money due to their jobs being more dangerous than mine. Or taking away a football player’s health care is just wrong as their jobs are so rough.


To me this is one of the dumbest arguments out there. I don't see fireman or police officers making six figure salaries and they put their lives on the line every time they go to work in something far more dangerous than being on a football field for 60 minutes a week. Their job is for our protection and freedom so we can go watch some guys play a game for hundreds of thousands or even millions of dollars on Sundays.


If NFL players cannot survive on what is usually twice as much as the normal person makes in a year (based on a rookie’s salary) I actually think they have bigger issues than just the NFL lockout. They are most likely going to be broke before they are done playing in the NFL.


In this case however, both the players and owners have been so greedy for so long they both come off looking bad. As well as they should to me. Both parties have made more money in a few months or years than most of us will ever see in a life time.


So NFL players and owners, if you are looking for sympathy or compassion from some of us, you are looking in the wrong direction.








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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.




Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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America is filled with parks that are filthy, dangerous and badly maintained. The governments in charge plead: We can't help it. Our budgets have been slashed. We don't have enough money!

Bryant Park, in midtown Manhattan, was once such an unsavory place. But now it's nice. What changed? Dan Biederman essentially privatized the park.

With permission from frustrated officials who'd watch government repeatedly fail to clean up the park, Biederman raised private funds from "businesses around the park, real estate owners, concessions and events sponsorships. ... (S)ince 1996, we have not asked the city government for a single dollar."

Sounds good to me. But not to Shirley Kressel, a Boston journalist.

I asked her what's wrong with getting the money from private businesses, as Dan does.

"Because it goes into private pockets," she said.

So what?

"Because it's very good (for Dan) to use the public land for running a private business, a rent-a-park, where all year 'round there's commercial revenue from renting it out to businesses. He keeps all that money. People don't realize that."

So what? I don't care if they think the money is going to Mars. The park is nice, and people don't have to pay taxes to support it.

The park is certainly more "commercial" now. The day I videotaped, there were booths selling food and holiday gifts. The public seemed fine with that.

Biederman is not finished with his efforts to save public parks. He next wants to apply his skills to the Boston Common. The Common is America's oldest public park, and like many others, it's largely a barren field. Biederman doesn't want to seek business funding, as he did with Bryant Park, because the area is not as commercial. Instead, he would combine the Bryant Park and Central Park models. I know something about Central Park because I'm on the board of the charity that helps manage it. When government managed Central Park, it was a crime zone. Now it's wonderful. Those of us who live near it donated most of the money that renovated and now maintains Central Park. It's not a business arrangement.

Kressel says she'll fight Biederman's plan for Boston.

"(W)e don't need ... to teach our next generation of children that the only way they can get a public realm is as the charity ward of rich people and corporations," she said. "We can afford our public realm. We're entitled to it. We pay taxes, and that's the government's job."

The Central Park model "doesn't work for 98 percent of the country," she added.

I don't know what'll happen to the rest of the country, but it's working in Central Park. Why not try it in Boston? It's working for the public.


Now I know not every player in the league is making as much as Tom Brady or Peyton Manning. Most not even close actually. So I wanted to layout what certain players are making now and use the formula the NFL Union laid out to them and said to save their last three game checks for the possibility of a lockout next season.


As per PFT (Pro Football Talk) here is a breakdown of NFL minimum salaries for the 2010 season. 


Rookies - $320,000
1 Season - $395,000
2 Seasons - $470,000
3 Seasons - $545,000
4-6 Seasons - $630,000
7-9 Seasons - $755,000
10 or more Seasons - 855,000 


So let’s take a rookie at a salary of $320,000 as an example and divide it by 17 weeks (NFL season/year minus playoffs). That comes out to be $18,823 per week in those 17 weeks.  The letter was said to have stated to save your last three game checks to help you through a "non income time". So three game checks would roughly be around $56,469 for a rookie. 


Now, according to the US Census Bureau, the overall median personal income for all individuals over the age of 18 was $25,149 (and $32,140 for those ages 25 or above). These are individual stats not for families.


And yes I know you are not "suppose" to compare what the so called average person makes towards what a professional athlete makes. But no one is twisting these guys’ arms to buy $500,000 homes, have five cars and take tens of thousands of dollar vacations each year. They are complaining they are not going to have enough money to live on because they are not going to be making their entire salary for at least a year due to a lockout.


Give me a break.


It is hard for me to have sympathy for a guy that plays a game for 17 weeks of the year. And yes I know they train in the off-season too but the point is still they only play for 17 weeks during a season and make the sort of money they do. Then turn around and complain about it when they are told to save three game checks in case of a lock out.


Especially when a rookie making the league minimum makes pretty much double what the average American makes in one year in three weeks.  It cannot be that hard to not go out and buy a new car or a new watch with diamonds all over it so you can be financial secure if there happens to be a work stoppage.


This is what normal people have to do to make ends meet. If you have bills to pay, you don’t go out and drop money in a night club or buy another car, no. You save your money so you can have a place to live or food to eat.


If it is “that” hard for them, they are in far more serious trouble than financially.


The bottom line for me is that they are more people sacrificing a heck of allot more for our protection like our military members that are not making anywhere near as much as these guys. Not to mention this is entertainment, NOT life or death.


Some will argue that their job puts more stress on their bodies or they get injured more so they need more money due to their jobs being more dangerous than mine. Or taking away a football player’s health care is just wrong as their jobs are so rough.


To me this is one of the dumbest arguments out there. I don't see fireman or police officers making six figure salaries and they put their lives on the line every time they go to work in something far more dangerous than being on a football field for 60 minutes a week. Their job is for our protection and freedom so we can go watch some guys play a game for hundreds of thousands or even millions of dollars on Sundays.


If NFL players cannot survive on what is usually twice as much as the normal person makes in a year (based on a rookie’s salary) I actually think they have bigger issues than just the NFL lockout. They are most likely going to be broke before they are done playing in the NFL.


In this case however, both the players and owners have been so greedy for so long they both come off looking bad. As well as they should to me. Both parties have made more money in a few months or years than most of us will ever see in a life time.


So NFL players and owners, if you are looking for sympathy or compassion from some of us, you are looking in the wrong direction.








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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Live Blog: President Obama&#39;s <b>news</b> conference – CNN Political <b>...</b>

President Obama will hold a previously unscheduled news conference on Tuesday at 2:20 p.m. likely focusing on the compromise with Republicans on tax cuts, the White House announced. Check back here for CNN's live blog of the press ...

Obama Defends Decision To Extend Bush-Era Tax Cuts « CBS Los <b>...</b>

President Barack Obama on Tuesday staunchly defended his decision to compromise with Republicans and temporarily extend about-to-expire tax cuts for all Americans.



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