Phil Baumann's Public Library

15 Apr 09

Change doesn’t come easily though, nor is it painless as much of the old media world is discovering. There is one thing you can be assured of though – it doesn’t happen overnight.

29 Nov 08

The End of Wall Street's Boom - National Business News - Print - Portfolio.com

www.portfolio.com/...The-End-of-Wall-Streets-Boom - Preview

hedge fund CDS bailout wall street depression economy

“ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
“ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
4 more annotations...
- “ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
- “ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
- “ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’
- “ ‘The Lomas Financial Corp. is a perfectly hedged financial institution: It loses money in every conceivable interest-rate environment.’

27 Nov 08

untitled

www.europac.net/newspop.asp - Preview

bailout GM economy wall street federal reserve

Our standard of living must decline to reflect years of reckless consumption and the disintegration of our industrial base. Only by swallowing this tough medicine now will our sick economy ever recover.

ABC News: Financial Bailout Balloons to the Trillions

abcnews.go.com/...story - Preview

bailout GDP hyperinflation

half the value of all the goods and services produced in the United States last year.

25 Nov 08

Health 2.0 Through the Eyes of a Diabetic - One Year Later - ReadWriteWeb

www.readwriteweb.com/..._a_diabetic_one_year_later.php - Preview

readwriteweb health 2.0 healthcare

What we're all really wanting in healthcare web apps is the ability to connect with health systems and manage our health online.

20 Nov 08

The Long Tail - Wired Blogs

www.longtail.com/...the-miraculous.html - Preview

0.01% (today, Wikipedia has 75,000 active contributors out of 684 million visitors). But that 0.01% have created 10 million articles.
Free is not a business--it's zero-cost marketing for a business. And it works best at the largest scale: a small percentage of a big number is a big number.

19 Nov 08

Clinical Trials Congress: Web 2.0 ... Health 2.0 ... Research 2.0?

clinicaltrialscongress.blogspot.com/...-20-health-20-research-20.html - Preview

trials clinical research 2.0 Pharma

Pharma has its own fear of patients in a world of Web 2.0, with concerns over inappropriate identification of safety signals (FYI, any known adverse experience linked to a specific drug that can be traced to an identifiable patient with an identifiable reporter must be reported to FDA).

Mobile Opportunity: The Cluetrain Manifesto revisited

Boils out some of the acid-laced phrases of the original.

mobileopportunity.blogspot.com/...train-manifesto-revisited.html - Preview

Cluetrain Web Marketing

Forget about the Long Tail – the online world is all tail.
The real changes are just starting.
10 more annotations...
- Companies that assume online markets are the same markets that used to watch their ads on television are kidding themselves.
- Nothing is more pathetic than a CEO trying to pretend that he or she is hip.
- OK, you're not really talking about humor at all. So why did you say to get a sense of humor?
- Never love a company -- it can't love you back."
- The conversations also happen in lunchrooms, hallways, and next to water coolers. They move a little faster on intranets, but the difference is not enormous.
- Companies don't have IQs. Their managers do.
- Believe me, every company takes 50 million customers more seriously than one Wall Street Journal reporter. But most of them haven't yet figured out how to talk to 50 million people online.
- We are arrogant and we don't know it. We think we represent all customers when in fact we represent a slice of them. Companies would be stupid to take all our rhetoric at face value. But our influence is growing, it would also be stupid to ignore the potential we represent. We are noisy, we influence a lot of purchases, and we're increasing in number."
- The Web is an accelerator more than a revolutionary.
- 1. Engage, don't sell.
  2. Speak as individuals.
  3. Be yourself.
  4. Never lie.
  5. Don't be afraid of passion.
  6. Set your employees free.
  7. The Internet strengthens great brands – and destroys false ones.
  8. Forget about mass markets.
  9. Remember that the Internet is still evolving.
  10. Don't mistake the Web for the real world.

We'll be in Great Depression 2 by 2011 -- here are 30 reasons why - MarketWatch

Included: $60 Trillion in unfunded liabilities for Social Security & Medicare.

Also: former Goldman Sachs chariman John Whitehead: "...I wonder if tomorrow is the day Moody's and S&P will annonce a downgrade of US government bonds."

www.marketwatch.com/...story.aspx - Preview

marketwatch Great Depression Economy

ideology trumps common sense, reality and the facts. Greed drives ideologues to blow bubbles. They pop. Crashes happen. The public is collateral damage.
Henry Paulson was at Camp David warning the president and his staff of "over-the-counter derivatives as an example of financial innovation that could, under certain circumstances, blow up in Wall Street's face and affect the whole economy."
6 more annotations...
- Treasury sneaks corporate tax credits into bailout giveaway, shifts costs to states
- State, municipal, corporate pensions lost hundreds of billions on derivative swaps
- Consumer debt way up, now at $2.5 trillion; next area for credit meltdowns
- Fed also plans to provide billions to $3.6 trillion money-market fund industry
- Social Security, Medicare with $60 trillion in unfunded liabilities
- John Whitehead

18 Nov 08

Robert J. Samuelson - Robert J. Samuelson: How to Bail Out General Motors - washingtonpost.com

www.washingtonpost.com/...AR2008111601734.html - Preview

GM Bailout Economy

an initial job loss of 2.5 million.
American production would virtually stop until new supplier arrangements emerged.
1 more annotations...
- GM already has $48 billion of debt.

17 Nov 08

YouTube as a Source of Health Misinformation | Highlight HEALTH 2.0

blog.highlighthealth.info/...ource-of-health-misinformation - Preview

misinformation Health 2.0 social media

with all the reliable health information online, an equal or greater amount of misinformation also exists.
the trouble with “The Wisdom of Crowds” or “Crowdsourcing” is that a group of people connected by a network doesn’t necessarily mean they will work together as or more effectively than in traditional organizations.

29 Oct 08

Cloudy views and more aaS | Irregular Enterprise | ZDNet.com

HUGE post on the Cloud.
"But…we are all way too early in the game for any of us to declare theories as winning or otherwise and it is in those assertions that I believe we all, to a greater or lesser extent, tend to err."

blogs.zdnet.com/Howlett - Preview

Cloud Microsoft Dennis Howlet Cloud Computing Azure

But…we are all way too early in the game for any of us to declare theories as winning or otherwise and it is in those assertions that I believe we all, to a greater or lesser extent, tend to err.

22 Oct 08

Howard Lindzon » Too 'SMALL' To Fail!!!

"Too SMALL to FAIL" ... Awesome meme!

howardlindzon.com/?p=3878 - Preview

Panic

Panic is infectious. It’s a virus that will run it’s course, but each one is different. Rest assured THIS panic is the MOST talked about one before it ever happened, yet still so few have avoided the damage . How can it be that such a well documented debacle could cause such massive damage (the IBD mutual fund index is down 40 freaking percent this year).

Adam Smith's Lost Legacy: Aline van Duyn Understands Adam Smith on the Invisible Hand

Clarification of what Adam Smith said

adamsmithslostlegacy.com/...yn-understands-adam-smith.html - Preview

Capitalism Invisible hand

The theory by the famous 18th century economist was originally part of a discussion about domestic versus foreign trade. It has since been applied to markets more generally. It suggests that, in a free market, an individual pursuing his own self-interest will make choices which will also tend to benefit the entire community”.