Thursday, February 17, 2011

Making Money Job


After Rep. Paul Ryan and Senator Jeff Sessions finished their press conference regarding the budget proposal from President Obama, he headed back to the Cannon Building for a conference call with Rep. Cathy McMorris Rodgers and bloggers.  Fortunately, I was already on Capitol Hill and got the opportunity to sit in on the call.  McMorris Rodgers told us that we are now facing a fiscal crisis, and that the new majority was committed to getting “our fiscal house in order.”  Ryan said that this budget is “anything but” triangulation, and said we’d have been better off doing nothing.


The budget contains $8.7 T in new spending, according to Ryan, and $1.6T in tax hikes.  It’s “worse than doing nothing,” and stated that low tax rates, reasonable regulations, and stable money are best policies for economic growth.  Borrowing at reckless rates means higher taxes now, and we are already seeing new highway taxes.   Obama claims $2 in cuts for $1 in new taxes but Ryan says it’s more like 8:1 other way.  As for claims of a freeze on non-security discretionary spending, that comes after a 24% increases in domestic spending over last three years.


Ryan rebuked Obama for his “abdication of leadership.”  “I thought he was advancing the conversation to an adult level,” Ryan said, and added that Obama’s proposal doesn’t even meet Obama’s definition of credible budgeting.  We are left with a choice between two economic paths: economic freedom or perpetual stagnation.


Questions:



  • Were you surprised that Obama didn’t try to top the House GOP on cuts?  Yes; the President proposed to spend $46T over next ten years, so the $400B is a drop in the bucket.

  • Noel Sheppard: Are Republicans doing a good enough job of explaining the deficits?  Deficits higher in constant dollars than during WWII — We need to do a better job of educating the people, and Obama’s actions makes it more difficult.  Having the White House stating that we can conduct business as usual masks the crisis.  Ryan is excited about the House freshmen, finally getting the “right culture” on Capitol Hill.  McMorris Rodgers says those freshmen are here because they “get it,” and “they’re already making a difference.”  “We’ve seen in Greece what happens when you continue down this path.”

  • CNN Money: How did you get the 8:1 ratio of spending to cuts, and haven’t the GOP also punted on entitlement reform? – Ryan reminded the reporter that his road map did contain entitlement reform, and that the GOP has been discussing it conceptually.  Ryan says he’s waiting for the budget to be written to talk about the baselines of the GOP proposals.  On the 8:1 ratio, Ryan says the assumptions in Obama’s budget are that we will be at the current troop levels in Af-Pak for ten years, even though Obama has already committed to reducing it in the short term.  The real numbers are $870 billion in new spending and $170 billion in cuts.  Those are “phony savings from the war,” and they are “bogus.”

  • Rob Neppell: Steve King says ObamaCare remains funded in the CR – can you clarify?  Ryan and McMorris Rodgers say they are “all in favor” of the King amendments and that ObamaCare will be defunded as part of this process.

  • Green Wire: What do you make of the nuclear power part of the proposal?  Neither of them know quite what to make of the proposals in that area, but they are both committed to advancing nuclear power, especially in regulatory reform.  McMorris Rodgers mentioned the RAIN act, which requires agencies to get Congressional approval for anything that creates an impact o

  • Nansen Malin, AFP: What do we need to provide you to get leadership?  Get involved in communicating to Facebook, blogs, and newspapers that we support budget cuts and appreciate leadership on “difficult decisions.”  Ryan says “the other side will be coming out of the woodwork to paint us as inhumane.” They will demagogue entitlement reform and spending cuts, and if they win that, we will lose the war on spending.  “If we duck from this issue,” Ryan warned, “you are guaranteeing European levels of austerity … and slower economic growth.”










• Amar'e Stoudemire's dreams just came true: He recently posed for Vogue’s April issue! [Page Six/NYP]



• Joseph Calvin Klein designer Francisco Costa: "[Calvin] is just great. He's a genius. He has a legacy of work, a huge body of work. You cannot compare really because he is just unique. And it's not fair because he has 35 years to back him up. It's very tempting and an easy thing to just bring back the archives. That challenges me. I find that most difficult. I find it insulting to the house and insulting to myself. For me to take it forward — that is Calvin — to look forward. So for me to look back and just copy something, then I am not doing my job." [Vogue UK]



• Garance Doré recently moved into a prewar Greenwich Village loft with boyfriend Scott “The Sartorialist” Schuman, explaining, “I don’t make sacrifices. There is no, ‘I leave everything for my man.’ I just do things when they make me feel good and they feel right." [NYT]



• Critical shopper Jon Caramanica on Soho’s new Fiorentini + Baker store: “From a distance, you could be forgiven for thinking they were sets of twins, or maybe the whole Duggar clan, 19 siblings and counting. There is not much variation to be had on the women’s side. Colors: black, or maybe a muted earth tone. (There was one chalky lavender option; it looked lonely.)” [NYT]





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Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


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Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


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Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


benchcraft company scam

Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


bench craft company scam

Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


benchcraft company scam

Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


benchcraft company scam

Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


benchcraft company scam

Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.


bench craft company scam

Ten American Companies With The Best <b>News</b> For 2011 - 24/7 Wall St.

24/7 Wall St. chose the ten most important pieces of news for major US corporations so far this year. Our evaluation was based on the history of the company and industry involved and the likely long-term effects of the event.

ABC <b>News</b> Correspondent Beaten in Bahrain - The Hollywood Reporter

Miguel Marquez says he began yelling "Journalist!" during the military crackdown to show he wasn't a protestor.

Pilot <b>News</b>: Bello Takes on &#39;Prime Suspect,&#39; A &#39;Lostie&#39; Returns <b>...</b>

It's casting season in Hollywood and familiar names are being snatched up by studios. Maria Bello will play a famed detective, Christine Lahti will be a doctor (again), Michael Emerson will play a billionaire and James Van Der.















Tuesday, February 15, 2011

Making Money System


Some of the legal questions related to the individual mandate are, at least partially, policy questions. In particular, what does the individual mandate do? And can the law stand without it?



The argument conservatives are making right now is that the individual mandate regulates "economic inactivity." That's not a description anyone had heard of it back when conservatives were co-sponsoring bills with the individual mandate, and it's not what the policy's creator had in mind when he developed it. But that doesn't make it untrue.



To believe it, however, you need to adopt a very narrow definition of what's being affected here: Namely, the decision to purchase or not purchase health-care insurance. The more traditional view is that the individual mandate is one of a slew of rules and regulations bringing order to something much broader: The American health-care system, which all of us participate in. That's the view of the 38 health economists and academics who signed this brief (pdf). "There is no such thing as 'inactivity' or non-participation in the health care market," they wrote. "As the District Court" -- which ruled for the Affordable Care Act -- "recognized, virtually all Americans will, at some time during their life, require health care, either because of illness, accident, or the wear and tear of age."



Because health services are so expensive, the costs are defrayed over many years. That's what insurance does. And because we are a humane society, we have rules and regulations in place to ensure that people can get treated even if they don't have insurance. In that way, you may not be interested in the health-care system, but if you get hit by a bus, the health-care system is interested in you -- and that's true even though you weren't making an economic choice to become "active" in the health-care system when you stepped into the street. You were, by virtue of our laws and regulations and taxes, already an active participant. The authors of the brief make this point -- and its connection to the individual mandate -- well:



The requirement to obtain a minimal level of health insurance is predicated on the unique characteristics of the health care market -- the unavoidable need for medical care; the unpredictability of such need; the high cost of care; the inability of providers to refuse to provide care in emergency situations; and the very significant cost-shifting that underlies the way medical care is paid for in this country. Those characteristics do not obtain in other markets and, without them, the predicate for the kind of regulation adopted in Section 1501 does not exist. Hence, affirming Congress’ power to adopt Section 1501 will not open the door to unfettered expansion of federal power over individual liberty, as Appellants fear.



To make this more concrete, when an uninsured person breaks a leg and needs hospital care, that care is paid for by the rest of us. It'd be a bit odd for your economic inactivity to cost me money. But your decision to remain without insurance does cost me money, because you're an active consumer of health-care risk and an active participant on a health-care market that affords you certain benefits. When you don't purchase insurance, you've not decided against participating in the American health-care system. You're just not participating responsibly. To quote Mitt Romney:

Some of my libertarian friends balk at what looks like an individual mandate. But remember, someone has to pay for the health care that must, by law, be provided: Either the individual pays or the taxpayers pay. A free ride on the government is not libertarian.



Then there's the question of severability -- can the law work without the mandate? The legislation does not specifically say that it can. And the Obama administration, in a calculated gamble to persuade the Court that the mandate passes constitutional muster through the "necessary and proper" clause, is currently arguing that it can't. This, at least in part, led Judge Vinson to void the entire bill. "In the final analysis, this Act has been analogized to a finely crafted watch,and that seems to fit," he wrote. "It has approximately 450 separate pieces, but one essential piece (the individual mandate) is defective and must be removed. It cannot function as originally designed."



The irony of all this is that one of the central arguments in the Democratic campaign for the presidency was between the Obama campaign, which didn't think health-care reform required an individual mandate, and the Clinton campaign, which thought it did. I was on Clinton's side in that debate, but the case is more nuanced than the Obama team allowed then or is admitting now. The legislation will work much better with an individual mandate. But many people will be covered, and many goals achieved, in the absence of the mandate.







BBC Online is meeting its obligation to commission 25 percent of eligible production work from external suppliers - but must make wide-ranging changes to the process, a review by its regulating BBC Trust has concluded (release, review)



The BBC has met the quota requirement every year since it was recommended by the 2004 Graf report. Last year, it commissioned external interactive producers for work totalling £20 million.

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But a Deloitte review in to the quota commissioned by the trust slates the system for lack of transparency, management, direction and value for money.



Consequently, the trust - whilst it is not raising the quota - has ordered BBC Online to “discuss with industry what form strategic goals for a quota system might take”, and to simplify the current process.



This BBC Trust review has been many months in the making - the BBC executive had already known the outcome and recommendations before Friday’s publication and has partly responded - it has already agreed to give the trust, after speaking with industry, a review within three months. The trust says the whole issue requires “urgent attention”.



Deloitte’s review (highlights):-



“The BBC is complying with the requirements set out in the BBC Agreement. However, the Online independent supply quota does not appear to be working well in practice. Whilst steps have recently been taken to remedy the issues surrounding it, both the BBC and the independent sector recognise there is a lack of: communication around how the commissioning for online takes place, clarity around how the quota is calculated and tracked; and, consistency and efficiency in commissioning practices. Most significantly, interviews demonstrate a strong belief in the independent sector that BBC online commissioners select suppliers to pitch for commissions based on the commissioners’ personal knowledge, rather than any rounded evaluation of who is equipped to deliver quality and value for money.



“There is a high degree of external scepticism as to whether reported performance is real or the result of an accounting allocation.



“Overall BBC Online expenditure is expected to go down rather than up



There are issues with the management of the current arrangements that impact the value for money and quality BBC Online achieves for licence fee payers



“BBC Online has failed to provide sufficient transparency to the sector in terms of: strategic direction, emerging opportunities, decision making processes, and reporting of performance relative to the quota.



“An average commission size in FY 2009/10 of less than £5,000 and only 17 commissions over £100,000



“The revenues of the top 100 interactive agencies totalled c. £790m in 2009. In 2009/10 the BBC spent c. £20m externally as part of the BBC Online quota. Although the BBC will spend more on digital content (for example on those areas excluded from the eligible base), in absolute terms the impact that the BBC makes on the online content sector is limited.



“In this context, BBC Online’s c. £20m of ‘eligible’ annual spend lacks the scale to have as significant an impact on the shape of market as the BBC does in TV broadcasting.”






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Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


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Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


bench craft company credit card

Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


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Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


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Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


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Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


bench craft company me

Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


bench craft company credit card

Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”


bench craft company me

Small Business <b>News</b>: Ladies Make The <b>News</b>

David Siteman Garland inspired this roundup (Thanks, David!) with a post on 35 visionary women entrepreneurs that just happened to include the founder of Small.

&#39;Idol&#39; <b>News</b> Beat: Siobhan Magnus Records, Plus Alex Lambert <b>...</b>

Remember way back when Season 9's Alex Lambert claimed, via Twitter, to be living on the streets? Then a rep from 19 Entertainment, which has a development.

Michelle Malkin » CBS <b>News</b> reporter Lara Logan sexually assaulted <b>...</b>

CBS News reporter Lara Logan sexually assaulted, beaten in Cairo; Update: Unhinged NYU fellow attacks Logan as “war-monger”

















Friday, February 11, 2011

Who's Making Money

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2009 Houston Texans Training Camp by kahl4


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Former Employee Call Fox <b>News</b> A &quot;Propaganda Outfit&quot; | <b>News</b> One

A former Fox News employees has sat down with Media Matters and revealed what many have been thought to be true for years, that Fox News is a partisan driven propaganda outfit.

Makeover-O-Matic: How Charlie Sheen can go from really gritty <b>...</b>

It seems that Charlie Sheen's wild lifestyle has finally caught up with.

Is This the Best <b>News</b> Picture in the World? World Press Photo <b>...</b>

Jodi Bieber wins the World Press Photo of the Year for her portrait of an Afghan woman who was disfigured by her husband on authority of the Taliban.


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2009 Houston Texans Training Camp by kahl4


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Former Employee Call Fox <b>News</b> A &quot;Propaganda Outfit&quot; | <b>News</b> One

A former Fox News employees has sat down with Media Matters and revealed what many have been thought to be true for years, that Fox News is a partisan driven propaganda outfit.

Makeover-O-Matic: How Charlie Sheen can go from really gritty <b>...</b>

It seems that Charlie Sheen's wild lifestyle has finally caught up with.

Is This the Best <b>News</b> Picture in the World? World Press Photo <b>...</b>

Jodi Bieber wins the World Press Photo of the Year for her portrait of an Afghan woman who was disfigured by her husband on authority of the Taliban.


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Former Employee Call Fox <b>News</b> A &quot;Propaganda Outfit&quot; | <b>News</b> One

A former Fox News employees has sat down with Media Matters and revealed what many have been thought to be true for years, that Fox News is a partisan driven propaganda outfit.

Makeover-O-Matic: How Charlie Sheen can go from really gritty <b>...</b>

It seems that Charlie Sheen's wild lifestyle has finally caught up with.

Is This the Best <b>News</b> Picture in the World? World Press Photo <b>...</b>

Jodi Bieber wins the World Press Photo of the Year for her portrait of an Afghan woman who was disfigured by her husband on authority of the Taliban.


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Former Employee Call Fox <b>News</b> A &quot;Propaganda Outfit&quot; | <b>News</b> One

A former Fox News employees has sat down with Media Matters and revealed what many have been thought to be true for years, that Fox News is a partisan driven propaganda outfit.

Makeover-O-Matic: How Charlie Sheen can go from really gritty <b>...</b>

It seems that Charlie Sheen's wild lifestyle has finally caught up with.

Is This the Best <b>News</b> Picture in the World? World Press Photo <b>...</b>

Jodi Bieber wins the World Press Photo of the Year for her portrait of an Afghan woman who was disfigured by her husband on authority of the Taliban.


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2009 Houston Texans Training Camp by kahl4


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bench craft company

Former Employee Call Fox <b>News</b> A &quot;Propaganda Outfit&quot; | <b>News</b> One

A former Fox News employees has sat down with Media Matters and revealed what many have been thought to be true for years, that Fox News is a partisan driven propaganda outfit.

Makeover-O-Matic: How Charlie Sheen can go from really gritty <b>...</b>

It seems that Charlie Sheen's wild lifestyle has finally caught up with.

Is This the Best <b>News</b> Picture in the World? World Press Photo <b>...</b>

Jodi Bieber wins the World Press Photo of the Year for her portrait of an Afghan woman who was disfigured by her husband on authority of the Taliban.


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With today's controversial release of Michael Jackson's single, "Breaking News" , (is that really his voice?), it brings to mind the many posthumous song and album releases over the years.

I have mixed feelings about posthumous song releases. On the one hand, it gives super fans something to look forward to, and for a minute- or 4- they may even forget that their favorite singer has died. Because in that moment, he or she is alive and well. On the other hand, posthumous song releases sometimes seem like a violation. As in, did the singer really want that song released? And who's making money off of it now?

Now, with today's world premiere of Michael Jackson's "Breaking News", here's a look back at 5 other posthumous songs that left fans wanting more.

"Sittin' On the Dock of the Bay" - Otis Reading. This song was recorded in 1967 and was released one month after singer Otis Redding' s untimely death in a plane crash at age 26. According to Wikipedia it became the first number one posthumous single in U.S. history.

"Woman" - John Lennon. Lennon's Double Fantasy album was released on November 17, 1981, just three weeks before his shocking murder. The album initially had a lukewarm reception, but after Lennon's death- and especially when the second single, "Woman" was released- fans scooped it up and suddenly cherished it, realizing these were the final words of the Smart Beatle.

"Sanctified Lady"- Marvin Gaye. This posthumous single was released in 1985 and hit number 2 on the Billboard charts, a year after Gaye's father shot and killed him. "Sanctified Lady" was an unfinished work at the time of Gaye's death, but his collaborator, Gordon Banks, finished off the track electronically.

"Life After Death"- album by The Notorious B.I.G. Two weeks after rapper The Notorious B.I.G. was gunned down in a drive by shooting in Los Angeles, his second album, Life After Death was released. Fans responded in a big way. The Grammy nominated album jumped 175 spots on the Billboard charts in one week and it became one of the best selling rap albums of all time.

"You Know You're Right"- Nirvana. Kurt Cobain's suicide death in 1994 caused all kinds of turmoil between his former band mates and his wife, Courtney Love. The song "You Know You're Right" became a big point of contention (to box set or not?) but in 2002- eight years after Cobain's death- it was released as a single.

Wednesday, February 9, 2011

How to Making Money

..........and bullshit walks! Easy as that for start-ups when it comes to making up your mind about raising additional capital. Are we in a bubble? No idea but this question keeps creeping up. Those of us who went through the bubble at the turn of the century are secretly hoping we're not in another one. Those who don't remember the last one are also worried wondering whether all the old-timers are right. One way or another, it doesn't really matter. 


You'll hear multiple opinions on whether to raise money at times like this. I have a very clear opinion on this. It's based on the fact that I believe the best venture backed businesses are in it for the long haul. These are companies with a real product that add value to their customers. These are businesses generating real cashflow intent on growing to significant scale. Finally, these are businesses which will use additional money to expand. Hence, here's my take on when to take money (with focus on EU based businesses): 


1. Sequoia or Kleiner are on the phone. Start negotiating, get the best deal you can get and make sure to raise the money. Say what you will but Tier 1 VC's from the US will lead to a far larger exit. Specifically the top tier funds have access to management for your businesses, access to potential partners and are likely to sit on the boards of the companies that could buy you. You'd be dumb not to take money but do so wisely. 


2. A tier 1 fund from Europe is interested. Find out whether there's a good fit with your businesses. I've often enough written about how to figure this out and I say to focus on the partner and not the fund when doing your due diligence. Negotiate a good deal and take the money. Tier 1 funds in Europe have learned to add value, have significantly better networks nowadays and will most likely get you bought by a US based business.    


2.5. A tier 1 fund from your home country calls up. I've labeled this 2.5 because Tier 1 funds in Europe tend to only differentiate themselves based on where they are located. The rest is mostly the same. The benefit of a tier 1 locally invested in your business is the proximity. It's in your interest. You want them closer than further. If the terms are right and you have offers from abroad and locally, I'd sway towards local but the vibe has to be right. You won't be necessarily doing anything wrong taking money from a London VC verses a German VC when you are in Germany. The London VC may even be around more than the German VC. This all depends on the partner. 


3. A tier 2 fund from the US calls up. Ask yourself first why they found you? Go ahead and ask. Further, research the fund and find out what they've done in the past. Have they invested in Europe before? Are they only looking to Europe because their dealflow in the US sucks? Think twice about whether they will invest the necessary time to be in Europe and invested in your business. If the deal terms are good and you are comfortable with the partner doing the deal, take the money. They can still be helpful in accessing US buyers. They are highly unlikely to open as many doors as Kleiner or Sequoia but they definitely know more people in the US than many European partners. Plus make sure you want to go to the US. They will probably eventually ask you to move the company there.


4.  A tier 2 fund from outside your home region in the EU finds you. Ask yourself how the hell they found you. More importantly, if you found them, ask yourself why the Tier 1 funds from your local region aren't interested in what you are doing. Say what you will but a UK based fund prefers to invest first in the UK and then rest of Europe. A German fund in Germany and then rest of Europe, etc. Although valuations are good and the power is in your hands to some extent think twice. There are times when taking money could be detrimental to the health of your business (as well as to your equity stake). It's nice to get a higher valuation and some extra cash but make sure it doesn't ultimately cost you more than you think. 


5. A tier 2 fund from your local region calls up. Again, ask yourself first why the tier 1 funds aren't interested. Don't underestimate the value of many tier 2 funds though. Maybe they aren't the best known name in the market. At the same time, maybe they are striving to become a better fund. Maybe the number two in the market will work harder than the number one for you. This may be in your interest. Maybe! Do your homework and if you are comfortable with terms, take the money. Be far more diligent in this case though. Think longer and harder about whether you really can do more with the money now or prefer to hold out a bit. 


6. Some tier 3 fund you've never heard of and can't find out much about approaches you. Be really careful. There are lots of people in this business who sure won't be around in a couple years. Money from these guys can be a nightmare. At the same time, maybe your business is the nightmare and you couldn't raise money at any other time. One way or another, things aren't going right one way or another. If you need the money to survive and know you'll never get more down the road, do everything you can to raise cash now. Maybe you've just been approached by the future Kleiner or Sequoia of Europe. Maybe not.....but money talks and bullshit walks!


You'll notice a general trend from 1. through 6. above. Take the money! If you can get good terms, know how to put the money you raise to work for growth and like the partner from the funds approaching you, go for it. The getting is good right now. As a VC I'm worried about valuations and bursting bubbles, etc. but as an entrepreneur you should be optimizing for you business. Money is always good. Ignore all the crap about having too much money and being negatively swayed by this. In this post I am defaulting to the fact that I think you are a smart entrepreneur. You aren't going to raise money to get that Porsche as a company car. You're going to grow your business and become amazing. Some will say I am wrong but I'd prefer to have the cash in the bank and worry about being wrong later.  









Beer Money. The team of Robert Roode and James Storm have been tagging together since 2008, and are currently enjoying their fourth reign as TNA World Tag Team Champions.

Each man came from a successful tag team to form perhaps the best tag team that TNA has ever seen. But where do they rank among the best of all time?

Despite fans’ many criticisms of TNA, including my own, it appears that historically the company does seem to care more about its tag team division than WWE does.

Roode’s former faction Team Canada, Storm’s former team America’s Most Wanted, along with Team 3D, LAX, The Voodoo Kin Mafia, The British Invasion, Generation Me, and The Motor City Machine Guns, have all vied for TNA tag team gold in recent years.

The division has thrived since the beginning of the company, and has been featured on TV and pay per view.

Then there’s WWE.

We all know that the current state of tag team wrestling in WWE is virtually non existent, with the championships currently held by Santino Marella and Vladimir Kozlov.

Bound together by necessity, which is a polite way of saying that WWE creative didn’t really have anything for either guy to do, Marella and Kozlov have actually looked pretty good since winning the straps.

Now, everyone calm down, I didn’t say they were The Road Warriors or anything.

But, for the WWE, we can’t really hope for much more than the tired old formula of two mix-matched guys thrown together for the sake of a lousy, half-hearted push. When it comes to their tag team division, it’s par for the course.

My, how things have changed in this business.

Once upon a time, the National Wrestling Alliance not only featured the greatest singles wrestlers in the sport, its tag team division was second to none with The Rock n Roll Express, The Road Warriors, The Russians, The Midnight Express, The Minnesota Wrecking Crew.

These guys perfected the art of tag team wrestling, and gave Ric Flair, Dusty Rhodes, and Ricky Steamboat a run for their money when it came to the best match on the card.

Man, where’s the Wayback Machine when you need it?

Of course, WWE hasn’t always neglected its tag team division.

Arguably the greatest era for tag team wrestling in WWE was 2000 to 2001. Three teams came together for a tag team war the likes of which had not been seen since the 1980’s NWA. Three teams redefined tag team wrestling in the business with three little words: tables, ladders, and chairs.

Edge and Christian. The Hardy Boyz. The Dudley Boyz. Three of the best tag teams of all time, blowing the roof off of arenas all over the country every week, each team pushing the other, bringing out the best in every man involved.

This was, without a doubt, a tag team renaissance, a great time for fans who yearned for a revival of the division.

These guys all understood their roles in the company, and fought to carve their names into wrestling history, next to the greatest teams ever. They also wanted to steal the show, and give fans something to remember.

Mission accomplished on both counts.

But with the focus shifted away from tag team wrestling in WWE, and TNA looking to grow as a company, the art of tag team wrestling now has a new pair of Rembrandts. Beer Money.

Yes, that was impossible to say without a smile.

The truth is, Beer Money works on a couple of different levels. One, because of Roode, who brings an intensity and ice-cold determination to his character and approach as a heel. Two, because of James Storm, because he’s funny as hell.

I love this guy. He is a riot, and every time he opens his mouth, or for that matter, just smiles at someone, it’s comedy gold. He makes the team, gives them a bad-boy edge that would make Jake Roberts jealous.

James Storm’s gimmick works so well because it’s so normal. He’s just a guy with a cowboy hat and dark glasses with a beer in his hand.

He looks less like a wrestler and more like the lead singer in a Lynyrd Skynyrd cover band. He plays the part so well, and is more comfortable in his gimmick than perhaps anyone in the promotion.

For me, Storm would be a star in either company, on any level.

Fortunately for fans, right now he is one half of TNA’s biggest tag team, Beer Money. I have to say, I thoroughly enjoy this team and their work in the ring.

Aside from Storm’s comedy, the guy can work, and he is a great fit with Roode. Beer Money, in a lot of ways, is a throwback to the classic heel teams of the NWA.

They have the tough streak of The Minnesota Wrecking Crew, the finesse of The Midnight Express, and the swagger of Arn Anderson and Tully Blanchard.

And much like these three teams had memorable feuds with The Rock n Roll Express, Beer Money has had a momentous run against The Motor City Machine Guns.

The pace and tempo of the Guns, matched up against the fierce ground and pound of Beer Money, have made for some great moments in TNA. Both teams are working hard to own the night, every time they set foot in the ring.

That’s what tag team wrestling is all about, and I for one am glad to see it happening again. The only question I have is, how long will Beer Money stay together, before TNA creative, such as it is, decides to split them up?

It would be a shame if their run as one of the best teams in the company lasts only three years. Beer Money deserves to have a legacy, an opportunity to be considered among the all-time greats. But perhaps that is not meant to happen in TNA?

Considering that WWE gave up on its tag team division years ago, the chances of seeing Storm and Roode work for Vince appear to be slim to none.

But, if given a chance, I have to believe that not only would Beer Money make the best of it, they would do what they continue to do every week in TNA: steal the show.

It’s an interesting bit of speculation, when it comes to debating Beer Money’s place in tag team history. Perhaps it’s too soon for that. Perhaps as Storm and Roode continue to build their reputation week in and week out, we should just sit back and enjoy the ride.

Let the renaissance begin…again.







bench craft company

GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net

Read our Xbox 360 news of GAME selling XBLA games and DLC.

EU PlayStation Store update 9th Feb PlayStation 3 <b>News</b> - Page 1 <b>...</b>

Read our PlayStation 3 news of EU PlayStation Store update 9th Feb.

Raven&#39;s James Bond now 20 months old? <b>News</b> - Page 1 | Eurogamer.net

Read our news of Raven's James Bond now 20 months old?.


bench craft company

..........and bullshit walks! Easy as that for start-ups when it comes to making up your mind about raising additional capital. Are we in a bubble? No idea but this question keeps creeping up. Those of us who went through the bubble at the turn of the century are secretly hoping we're not in another one. Those who don't remember the last one are also worried wondering whether all the old-timers are right. One way or another, it doesn't really matter. 


You'll hear multiple opinions on whether to raise money at times like this. I have a very clear opinion on this. It's based on the fact that I believe the best venture backed businesses are in it for the long haul. These are companies with a real product that add value to their customers. These are businesses generating real cashflow intent on growing to significant scale. Finally, these are businesses which will use additional money to expand. Hence, here's my take on when to take money (with focus on EU based businesses): 


1. Sequoia or Kleiner are on the phone. Start negotiating, get the best deal you can get and make sure to raise the money. Say what you will but Tier 1 VC's from the US will lead to a far larger exit. Specifically the top tier funds have access to management for your businesses, access to potential partners and are likely to sit on the boards of the companies that could buy you. You'd be dumb not to take money but do so wisely. 


2. A tier 1 fund from Europe is interested. Find out whether there's a good fit with your businesses. I've often enough written about how to figure this out and I say to focus on the partner and not the fund when doing your due diligence. Negotiate a good deal and take the money. Tier 1 funds in Europe have learned to add value, have significantly better networks nowadays and will most likely get you bought by a US based business.    


2.5. A tier 1 fund from your home country calls up. I've labeled this 2.5 because Tier 1 funds in Europe tend to only differentiate themselves based on where they are located. The rest is mostly the same. The benefit of a tier 1 locally invested in your business is the proximity. It's in your interest. You want them closer than further. If the terms are right and you have offers from abroad and locally, I'd sway towards local but the vibe has to be right. You won't be necessarily doing anything wrong taking money from a London VC verses a German VC when you are in Germany. The London VC may even be around more than the German VC. This all depends on the partner. 


3. A tier 2 fund from the US calls up. Ask yourself first why they found you? Go ahead and ask. Further, research the fund and find out what they've done in the past. Have they invested in Europe before? Are they only looking to Europe because their dealflow in the US sucks? Think twice about whether they will invest the necessary time to be in Europe and invested in your business. If the deal terms are good and you are comfortable with the partner doing the deal, take the money. They can still be helpful in accessing US buyers. They are highly unlikely to open as many doors as Kleiner or Sequoia but they definitely know more people in the US than many European partners. Plus make sure you want to go to the US. They will probably eventually ask you to move the company there.


4.  A tier 2 fund from outside your home region in the EU finds you. Ask yourself how the hell they found you. More importantly, if you found them, ask yourself why the Tier 1 funds from your local region aren't interested in what you are doing. Say what you will but a UK based fund prefers to invest first in the UK and then rest of Europe. A German fund in Germany and then rest of Europe, etc. Although valuations are good and the power is in your hands to some extent think twice. There are times when taking money could be detrimental to the health of your business (as well as to your equity stake). It's nice to get a higher valuation and some extra cash but make sure it doesn't ultimately cost you more than you think. 


5. A tier 2 fund from your local region calls up. Again, ask yourself first why the tier 1 funds aren't interested. Don't underestimate the value of many tier 2 funds though. Maybe they aren't the best known name in the market. At the same time, maybe they are striving to become a better fund. Maybe the number two in the market will work harder than the number one for you. This may be in your interest. Maybe! Do your homework and if you are comfortable with terms, take the money. Be far more diligent in this case though. Think longer and harder about whether you really can do more with the money now or prefer to hold out a bit. 


6. Some tier 3 fund you've never heard of and can't find out much about approaches you. Be really careful. There are lots of people in this business who sure won't be around in a couple years. Money from these guys can be a nightmare. At the same time, maybe your business is the nightmare and you couldn't raise money at any other time. One way or another, things aren't going right one way or another. If you need the money to survive and know you'll never get more down the road, do everything you can to raise cash now. Maybe you've just been approached by the future Kleiner or Sequoia of Europe. Maybe not.....but money talks and bullshit walks!


You'll notice a general trend from 1. through 6. above. Take the money! If you can get good terms, know how to put the money you raise to work for growth and like the partner from the funds approaching you, go for it. The getting is good right now. As a VC I'm worried about valuations and bursting bubbles, etc. but as an entrepreneur you should be optimizing for you business. Money is always good. Ignore all the crap about having too much money and being negatively swayed by this. In this post I am defaulting to the fact that I think you are a smart entrepreneur. You aren't going to raise money to get that Porsche as a company car. You're going to grow your business and become amazing. Some will say I am wrong but I'd prefer to have the cash in the bank and worry about being wrong later.  









Beer Money. The team of Robert Roode and James Storm have been tagging together since 2008, and are currently enjoying their fourth reign as TNA World Tag Team Champions.

Each man came from a successful tag team to form perhaps the best tag team that TNA has ever seen. But where do they rank among the best of all time?

Despite fans’ many criticisms of TNA, including my own, it appears that historically the company does seem to care more about its tag team division than WWE does.

Roode’s former faction Team Canada, Storm’s former team America’s Most Wanted, along with Team 3D, LAX, The Voodoo Kin Mafia, The British Invasion, Generation Me, and The Motor City Machine Guns, have all vied for TNA tag team gold in recent years.

The division has thrived since the beginning of the company, and has been featured on TV and pay per view.

Then there’s WWE.

We all know that the current state of tag team wrestling in WWE is virtually non existent, with the championships currently held by Santino Marella and Vladimir Kozlov.

Bound together by necessity, which is a polite way of saying that WWE creative didn’t really have anything for either guy to do, Marella and Kozlov have actually looked pretty good since winning the straps.

Now, everyone calm down, I didn’t say they were The Road Warriors or anything.

But, for the WWE, we can’t really hope for much more than the tired old formula of two mix-matched guys thrown together for the sake of a lousy, half-hearted push. When it comes to their tag team division, it’s par for the course.

My, how things have changed in this business.

Once upon a time, the National Wrestling Alliance not only featured the greatest singles wrestlers in the sport, its tag team division was second to none with The Rock n Roll Express, The Road Warriors, The Russians, The Midnight Express, The Minnesota Wrecking Crew.

These guys perfected the art of tag team wrestling, and gave Ric Flair, Dusty Rhodes, and Ricky Steamboat a run for their money when it came to the best match on the card.

Man, where’s the Wayback Machine when you need it?

Of course, WWE hasn’t always neglected its tag team division.

Arguably the greatest era for tag team wrestling in WWE was 2000 to 2001. Three teams came together for a tag team war the likes of which had not been seen since the 1980’s NWA. Three teams redefined tag team wrestling in the business with three little words: tables, ladders, and chairs.

Edge and Christian. The Hardy Boyz. The Dudley Boyz. Three of the best tag teams of all time, blowing the roof off of arenas all over the country every week, each team pushing the other, bringing out the best in every man involved.

This was, without a doubt, a tag team renaissance, a great time for fans who yearned for a revival of the division.

These guys all understood their roles in the company, and fought to carve their names into wrestling history, next to the greatest teams ever. They also wanted to steal the show, and give fans something to remember.

Mission accomplished on both counts.

But with the focus shifted away from tag team wrestling in WWE, and TNA looking to grow as a company, the art of tag team wrestling now has a new pair of Rembrandts. Beer Money.

Yes, that was impossible to say without a smile.

The truth is, Beer Money works on a couple of different levels. One, because of Roode, who brings an intensity and ice-cold determination to his character and approach as a heel. Two, because of James Storm, because he’s funny as hell.

I love this guy. He is a riot, and every time he opens his mouth, or for that matter, just smiles at someone, it’s comedy gold. He makes the team, gives them a bad-boy edge that would make Jake Roberts jealous.

James Storm’s gimmick works so well because it’s so normal. He’s just a guy with a cowboy hat and dark glasses with a beer in his hand.

He looks less like a wrestler and more like the lead singer in a Lynyrd Skynyrd cover band. He plays the part so well, and is more comfortable in his gimmick than perhaps anyone in the promotion.

For me, Storm would be a star in either company, on any level.

Fortunately for fans, right now he is one half of TNA’s biggest tag team, Beer Money. I have to say, I thoroughly enjoy this team and their work in the ring.

Aside from Storm’s comedy, the guy can work, and he is a great fit with Roode. Beer Money, in a lot of ways, is a throwback to the classic heel teams of the NWA.

They have the tough streak of The Minnesota Wrecking Crew, the finesse of The Midnight Express, and the swagger of Arn Anderson and Tully Blanchard.

And much like these three teams had memorable feuds with The Rock n Roll Express, Beer Money has had a momentous run against The Motor City Machine Guns.

The pace and tempo of the Guns, matched up against the fierce ground and pound of Beer Money, have made for some great moments in TNA. Both teams are working hard to own the night, every time they set foot in the ring.

That’s what tag team wrestling is all about, and I for one am glad to see it happening again. The only question I have is, how long will Beer Money stay together, before TNA creative, such as it is, decides to split them up?

It would be a shame if their run as one of the best teams in the company lasts only three years. Beer Money deserves to have a legacy, an opportunity to be considered among the all-time greats. But perhaps that is not meant to happen in TNA?

Considering that WWE gave up on its tag team division years ago, the chances of seeing Storm and Roode work for Vince appear to be slim to none.

But, if given a chance, I have to believe that not only would Beer Money make the best of it, they would do what they continue to do every week in TNA: steal the show.

It’s an interesting bit of speculation, when it comes to debating Beer Money’s place in tag team history. Perhaps it’s too soon for that. Perhaps as Storm and Roode continue to build their reputation week in and week out, we should just sit back and enjoy the ride.

Let the renaissance begin…again.







bench craft company>

GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net

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EU PlayStation Store update 9th Feb PlayStation 3 <b>News</b> - Page 1 <b>...</b>

Read our PlayStation 3 news of EU PlayStation Store update 9th Feb.

Raven&#39;s James Bond now 20 months old? <b>News</b> - Page 1 | Eurogamer.net

Read our news of Raven's James Bond now 20 months old?.


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MobileMonday Madrid - How To Make Money With Apps &amp; AppCircus by random0


bench craft company

GAME selling XBLA games and DLC Xbox 360 <b>News</b> - Page 1 | Eurogamer.net

Read our Xbox 360 news of GAME selling XBLA games and DLC.

EU PlayStation Store update 9th Feb PlayStation 3 <b>News</b> - Page 1 <b>...</b>

Read our PlayStation 3 news of EU PlayStation Store update 9th Feb.

Raven&#39;s James Bond now 20 months old? <b>News</b> - Page 1 | Eurogamer.net

Read our news of Raven's James Bond now 20 months old?.


bench craft company

..........and bullshit walks! Easy as that for start-ups when it comes to making up your mind about raising additional capital. Are we in a bubble? No idea but this question keeps creeping up. Those of us who went through the bubble at the turn of the century are secretly hoping we're not in another one. Those who don't remember the last one are also worried wondering whether all the old-timers are right. One way or another, it doesn't really matter. 


You'll hear multiple opinions on whether to raise money at times like this. I have a very clear opinion on this. It's based on the fact that I believe the best venture backed businesses are in it for the long haul. These are companies with a real product that add value to their customers. These are businesses generating real cashflow intent on growing to significant scale. Finally, these are businesses which will use additional money to expand. Hence, here's my take on when to take money (with focus on EU based businesses): 


1. Sequoia or Kleiner are on the phone. Start negotiating, get the best deal you can get and make sure to raise the money. Say what you will but Tier 1 VC's from the US will lead to a far larger exit. Specifically the top tier funds have access to management for your businesses, access to potential partners and are likely to sit on the boards of the companies that could buy you. You'd be dumb not to take money but do so wisely. 


2. A tier 1 fund from Europe is interested. Find out whether there's a good fit with your businesses. I've often enough written about how to figure this out and I say to focus on the partner and not the fund when doing your due diligence. Negotiate a good deal and take the money. Tier 1 funds in Europe have learned to add value, have significantly better networks nowadays and will most likely get you bought by a US based business.    


2.5. A tier 1 fund from your home country calls up. I've labeled this 2.5 because Tier 1 funds in Europe tend to only differentiate themselves based on where they are located. The rest is mostly the same. The benefit of a tier 1 locally invested in your business is the proximity. It's in your interest. You want them closer than further. If the terms are right and you have offers from abroad and locally, I'd sway towards local but the vibe has to be right. You won't be necessarily doing anything wrong taking money from a London VC verses a German VC when you are in Germany. The London VC may even be around more than the German VC. This all depends on the partner. 


3. A tier 2 fund from the US calls up. Ask yourself first why they found you? Go ahead and ask. Further, research the fund and find out what they've done in the past. Have they invested in Europe before? Are they only looking to Europe because their dealflow in the US sucks? Think twice about whether they will invest the necessary time to be in Europe and invested in your business. If the deal terms are good and you are comfortable with the partner doing the deal, take the money. They can still be helpful in accessing US buyers. They are highly unlikely to open as many doors as Kleiner or Sequoia but they definitely know more people in the US than many European partners. Plus make sure you want to go to the US. They will probably eventually ask you to move the company there.


4.  A tier 2 fund from outside your home region in the EU finds you. Ask yourself how the hell they found you. More importantly, if you found them, ask yourself why the Tier 1 funds from your local region aren't interested in what you are doing. Say what you will but a UK based fund prefers to invest first in the UK and then rest of Europe. A German fund in Germany and then rest of Europe, etc. Although valuations are good and the power is in your hands to some extent think twice. There are times when taking money could be detrimental to the health of your business (as well as to your equity stake). It's nice to get a higher valuation and some extra cash but make sure it doesn't ultimately cost you more than you think. 


5. A tier 2 fund from your local region calls up. Again, ask yourself first why the tier 1 funds aren't interested. Don't underestimate the value of many tier 2 funds though. Maybe they aren't the best known name in the market. At the same time, maybe they are striving to become a better fund. Maybe the number two in the market will work harder than the number one for you. This may be in your interest. Maybe! Do your homework and if you are comfortable with terms, take the money. Be far more diligent in this case though. Think longer and harder about whether you really can do more with the money now or prefer to hold out a bit. 


6. Some tier 3 fund you've never heard of and can't find out much about approaches you. Be really careful. There are lots of people in this business who sure won't be around in a couple years. Money from these guys can be a nightmare. At the same time, maybe your business is the nightmare and you couldn't raise money at any other time. One way or another, things aren't going right one way or another. If you need the money to survive and know you'll never get more down the road, do everything you can to raise cash now. Maybe you've just been approached by the future Kleiner or Sequoia of Europe. Maybe not.....but money talks and bullshit walks!


You'll notice a general trend from 1. through 6. above. Take the money! If you can get good terms, know how to put the money you raise to work for growth and like the partner from the funds approaching you, go for it. The getting is good right now. As a VC I'm worried about valuations and bursting bubbles, etc. but as an entrepreneur you should be optimizing for you business. Money is always good. Ignore all the crap about having too much money and being negatively swayed by this. In this post I am defaulting to the fact that I think you are a smart entrepreneur. You aren't going to raise money to get that Porsche as a company car. You're going to grow your business and become amazing. Some will say I am wrong but I'd prefer to have the cash in the bank and worry about being wrong later.  









Beer Money. The team of Robert Roode and James Storm have been tagging together since 2008, and are currently enjoying their fourth reign as TNA World Tag Team Champions.

Each man came from a successful tag team to form perhaps the best tag team that TNA has ever seen. But where do they rank among the best of all time?

Despite fans’ many criticisms of TNA, including my own, it appears that historically the company does seem to care more about its tag team division than WWE does.

Roode’s former faction Team Canada, Storm’s former team America’s Most Wanted, along with Team 3D, LAX, The Voodoo Kin Mafia, The British Invasion, Generation Me, and The Motor City Machine Guns, have all vied for TNA tag team gold in recent years.

The division has thrived since the beginning of the company, and has been featured on TV and pay per view.

Then there’s WWE.

We all know that the current state of tag team wrestling in WWE is virtually non existent, with the championships currently held by Santino Marella and Vladimir Kozlov.

Bound together by necessity, which is a polite way of saying that WWE creative didn’t really have anything for either guy to do, Marella and Kozlov have actually looked pretty good since winning the straps.

Now, everyone calm down, I didn’t say they were The Road Warriors or anything.

But, for the WWE, we can’t really hope for much more than the tired old formula of two mix-matched guys thrown together for the sake of a lousy, half-hearted push. When it comes to their tag team division, it’s par for the course.

My, how things have changed in this business.

Once upon a time, the National Wrestling Alliance not only featured the greatest singles wrestlers in the sport, its tag team division was second to none with The Rock n Roll Express, The Road Warriors, The Russians, The Midnight Express, The Minnesota Wrecking Crew.

These guys perfected the art of tag team wrestling, and gave Ric Flair, Dusty Rhodes, and Ricky Steamboat a run for their money when it came to the best match on the card.

Man, where’s the Wayback Machine when you need it?

Of course, WWE hasn’t always neglected its tag team division.

Arguably the greatest era for tag team wrestling in WWE was 2000 to 2001. Three teams came together for a tag team war the likes of which had not been seen since the 1980’s NWA. Three teams redefined tag team wrestling in the business with three little words: tables, ladders, and chairs.

Edge and Christian. The Hardy Boyz. The Dudley Boyz. Three of the best tag teams of all time, blowing the roof off of arenas all over the country every week, each team pushing the other, bringing out the best in every man involved.

This was, without a doubt, a tag team renaissance, a great time for fans who yearned for a revival of the division.

These guys all understood their roles in the company, and fought to carve their names into wrestling history, next to the greatest teams ever. They also wanted to steal the show, and give fans something to remember.

Mission accomplished on both counts.

But with the focus shifted away from tag team wrestling in WWE, and TNA looking to grow as a company, the art of tag team wrestling now has a new pair of Rembrandts. Beer Money.

Yes, that was impossible to say without a smile.

The truth is, Beer Money works on a couple of different levels. One, because of Roode, who brings an intensity and ice-cold determination to his character and approach as a heel. Two, because of James Storm, because he’s funny as hell.

I love this guy. He is a riot, and every time he opens his mouth, or for that matter, just smiles at someone, it’s comedy gold. He makes the team, gives them a bad-boy edge that would make Jake Roberts jealous.

James Storm’s gimmick works so well because it’s so normal. He’s just a guy with a cowboy hat and dark glasses with a beer in his hand.

He looks less like a wrestler and more like the lead singer in a Lynyrd Skynyrd cover band. He plays the part so well, and is more comfortable in his gimmick than perhaps anyone in the promotion.

For me, Storm would be a star in either company, on any level.

Fortunately for fans, right now he is one half of TNA’s biggest tag team, Beer Money. I have to say, I thoroughly enjoy this team and their work in the ring.

Aside from Storm’s comedy, the guy can work, and he is a great fit with Roode. Beer Money, in a lot of ways, is a throwback to the classic heel teams of the NWA.

They have the tough streak of The Minnesota Wrecking Crew, the finesse of The Midnight Express, and the swagger of Arn Anderson and Tully Blanchard.

And much like these three teams had memorable feuds with The Rock n Roll Express, Beer Money has had a momentous run against The Motor City Machine Guns.

The pace and tempo of the Guns, matched up against the fierce ground and pound of Beer Money, have made for some great moments in TNA. Both teams are working hard to own the night, every time they set foot in the ring.

That’s what tag team wrestling is all about, and I for one am glad to see it happening again. The only question I have is, how long will Beer Money stay together, before TNA creative, such as it is, decides to split them up?

It would be a shame if their run as one of the best teams in the company lasts only three years. Beer Money deserves to have a legacy, an opportunity to be considered among the all-time greats. But perhaps that is not meant to happen in TNA?

Considering that WWE gave up on its tag team division years ago, the chances of seeing Storm and Roode work for Vince appear to be slim to none.

But, if given a chance, I have to believe that not only would Beer Money make the best of it, they would do what they continue to do every week in TNA: steal the show.

It’s an interesting bit of speculation, when it comes to debating Beer Money’s place in tag team history. Perhaps it’s too soon for that. Perhaps as Storm and Roode continue to build their reputation week in and week out, we should just sit back and enjoy the ride.

Let the renaissance begin…again.







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Now and days, everyone is looking for a way to save their money. But sometimes that is easier said than done, especially when you feel like you are depriving yourself. Do not feel discouraged on saving money, because there are ways to save money. Here are five tips on how to save money.

Tip #1: Reduce or Eliminate Magazines.
There are quite a few households who subscribe to a handful of magazines, such as home, garden, and sports magazines. If you cancel a few of these subscriptions, this will give you more money to save! You can always check the magazine's website or other sites for free information, or only buy certain issues at the news stands.

Tip #2: Buy In Bulk.
There are various warehouse and discount club stores who sell their products in bulk for lower prices. You can buy various items such as food, cleaners, bath products, and more in bulk! Not only will this help you to save money, but this can help you to stock up and not have to worry about going to the store too often.

Tip #3: Eat At Home.
The third of the five tips on how to save money is to eat at home rather than eating out often. Think about it, the more you eat out, the more money you are going to spend. You can save quite a bit of money if you eat at home instead! This way you are not spending money on tips, delivery charges, or overpriced food.

Tip #4: Plan Your Weekly Meals.
In addition to eating at home, you can even plan out the week's meals on the weekend, this way you will already know what you will be eating. This can help you to avoid ordering out last minute because you did not know what to prepare for dinner. You can even put the ingredients that are in the freezer into the refrigerator the night before. This way, everything will be ready by the time you are ready to cook dinner the next day. When you plan your weekly meals, you can eat home more, and then you can save money for groceries or dining out on special occasions.

Tip #5: Homemade Skin Care.
If going to he dermatologist or buying over the counter skin care products is eating up your budget, then try something different. You can actually make your own homemade skin care products. Here is an example of a few homemade skin care recipes and products:

1. Honey and oatmeal can exfoliate your dry skin.

2. Ginger seeped in a bath can soften your skin.

3. Cucumber and milk can soften your tired skin.

You can also go to the library or various websites for different homemade skin care ideas, and save money on buying it at the store.

These five tips on how to save money can help you to budget your money without changing your lifestyle too drastically. This way, you can save your money for any future wants or needs, such as groceries, bills, or even a vacation, and still live your live without feeling deprived.