Showing posts with label In the News. Show all posts
Showing posts with label In the News. Show all posts

Monday, October 06, 2008

Thank You Sir, May I Have Another...Economic Crisis '08 Edition?

At this point, I've got to wonder whether we're psyching ourselves deeper into the hole... I hold as evidence:
"Group-think" is generally regarded as a bad thing but what would happen I wonder if everyone who's in the market just decided "$%#& it!" and "enough is enough" and put $10 back into the market today. With 100 million individual investors in the US, that's $1 billion. Might that end the slide? We can all take a $10 gamble on our futures, right? It's $10 - not that much...2.5 Starbucks lattes or a large pizza from Pizza Hut. Consider it. By the way...DOW at -$414.64 and is under 10,000 for the first time in 4 years (which means all of our gains from the same period are kaput!)... Time to double-down.

Thursday, September 06, 2007

It Really is all About the Benjamins: RIP Business 2.0

We were reminded today that what really drives the media is money - not the sharing of ideas, a duty to report or society's need for journalism as a means of enlightenment of the masses. Time Inc. announced that after 9 years on newsstands, Business 2.o will bite the dust. The culprit is shrinking ad revenue in the form of ad pages per issue.

Seems that with issue sales of under a million copies, readers weren't massive enough for the magazine's publisher to deem it "essential."

This is not some pollyanna post bemoaning BIG media or a plea to save a favorite publication (which it was for me and the rest of the 608,237 paid subscribers)...we're smart people us Business 2.0 readers - we know how the world works. Although it is heartening to learn that someone created a Facebook group called "I read Business 2.0...and I want to keep reading!" and 2,300 people signed up.

This post is purely cathartic. I'm acknowledging that I have joined (or rejoined as it is - I "lost" Industry Standard back in 2003...but made my peace with that long ago) that club of widowed readers of REALLY well done magazines...with friends who read the likes of Jane, Brill's Content and Ray Gun.

Kinda makes you wonder about the future of what the publishing industry refers to as "niche content," doesn't it? If so and you're like me, you're not alone. You can engage in macabre speculation (or just read about it) at MagazineDeathPool.com

Tuesday, December 19, 2006

Holy See United?

CNN reports that the Vatican is pondering creating a World Cup-level soccer team. Apparently, the Pontiff and several Cardinals with the power to create are huge Football fans. Don't believe me?

That a small Nation-state would have a football club is not unprecedented - San Marino and Andorra (yes, I needed to Wiki them too!) have fielded teams for years albeit with decidedly lack-luster results (both are winless in competition against European league teams). But that a global religion such as Catholicism (represented by the Vatican, also a Nation-state) would have a team...well, that does seem a bit odd, arguments about "sport as religion" aside.

Beyond begging the questions "why?" (a missionary role perhaps?) and "who'd play?" (the Swiss Guards? Catholic-school Nuns?), it presents us with an interesting theological question - If they don't win every game, does that call into question the existence and omnipotence of the Almighty?

Friday, September 01, 2006

Back...to the Future?


Logical and safe? Sure. Futuristic and inspiring? No. NASA chose Lockheed Martin to build Orion - a bell shaped "crew delivery vehicle" which will replace the Space Shuttle as the primary exploration vehicle for the next "decade" (read "quarter century" judging by the lifespan of the Shuttle). It may get the job done but who's not just a little bit disappointed that Orion looks just like Mercury, Gemini and Apollo? Weren't we promised more?

X33 wasn't all that exciting (it was a plane, it even looked like the Shuttle) but at least it didn't feel like backward motion. Huge booster rockets with astronauts crammed into a cone atop thousands of pound of liquid fuel seemed like a logical first step back in the 60s but everyone THOUGHT that our technological achievements would accelerate and that space exploration would evolve. That's what drove, in part, the Shuttle program – it was the next evolutionary step.

True, space exploration is a hugely complex undertaking and NASA has been plagued by problems – failures and loss...but isn’t space the final frontier? Aren’t the risks inherent? Shouldn’t how we get there evolve (or at least look cooler) over time? So with Orion, is NASA playing it safe or was the original thinking about how to ferry people and stuff beyond Earth’s atmosphere truly the best? Is this exploratory conservatism or back to the future for a reason?

Tuesday, June 27, 2006

Blowing Off Wind


When I was growing up, a neighbor installed solar panels on his roof. They were ugly, he was weird and the whole situation carried the aura of fanaticism. "Alternative energy" hadn't yet entered the American lexicon. Neighbors scoffed that the panels were just "a waste of money" and "pointless" (because they were notoriously inefficientin the early 80's) but the single biggest gripe was that they were lamentably "ugly." One woman went so far as to plant a new tree just to block the view from her living room window.

Community reaction in my neighborhood growing up illustrates one of the biggest impediments to broad-scale adoption of alternative energy generation these days - that while the majority of people believe the technology works, has value and support the concept of "clean power," most don't want to look at what's needed to produce it. Power production has always been something that happened in isolated areas, industrial zones or "the other side of town" and folks want and expect it to stay that way. And there’s nothing wrong with that except that the reality is that for alternative energy generation to work efficiently and to be cost effective in the way that it needs to be to be a viable alternative to traditional fossil fuels and nuclear, by and large, the means of generation needs to be in places much closer to where people live, work and play. It means people will encounter the means of production. Solar panels work best on the roofs of the buildings they're powering...but they're getting easier to disguise. Wind turbines in contrast, due to the size of the blades needed to generate meaningful power and that they need to be located where the wind blows best makes them hard to visually minimize. Because of their prominence in the landscape, they are likely to elicit strong emotions.

Wind is the battle du jour where I live and it's forcing people to consider competing emotions within themselves and the community. It's calling priorities into conflict for Joe and Jane Q Public and creating some very odd alliances and strange bedfellows. How odd? How strange? How about socially progressive intellectuals and fossil fuel companies? How about liberal cause-fronting celebrities and conservative lawmakers?

At issue is the proposed "Cape Wind Project" which seeks to erect 130 wind turbines that are 400 ft. tall (to the top of the blades) several miles off-shore in Nantucket Sound off the Cape Cod coast. Why this pristine location? It's because there's a shoal there that provides the needed anchoring and the wind conditions are ideal for power generation. The turbines would cleanly provide ¾ of the power consumed by Cape Cod and the islands of Nantucket and Martha’s Vineyard. Not surprisingly though, a project of this nature, in a preeminent tourist area and within view of some of the most expensive coastal real-estate in the country has drawn much fervent criticism. What is surprising...or at least unusual in the realm of environmental issues (and is quite a conundrum for many people) is that many Massachusetts residents (and a lot of seasonal ones) find themselves in uncomfortable position of having to agree with BOTH sides of the argument. It's not often that "environmentally friendly" people (I'm talking everyday people who aren't Al Gore but who recycle actively and support environmental initiatives) find themselves opposing something they know is better for the environment.

Many citizens not to mention the old guard of Massachusetts and many political and celebrity "friends of the environment" from Ted Kennedy to Walter Cronkite have come down on the side opposed to Cape Wind. NIMBY (Not In My Backyard) has gotten the better of their minds and hearts. NIMBY is powerful because it involves a choice - and forces people to make a decision about something close to home literally.

If you're for wind, you need to accept the means by which it's generated. You also need to accept that you can't just plunk a turbine any old place (read: places where people don't vacation, where poor folks live or spots that are already "ugly"). It may even mean that you might need to look at windmills on the horizon from the deck of your vacation home or where you tan.

To embrace the future, it usually means that you have to compromise. The key to compromising is being flexible. And the thing that makes being flexible possible is the willingness to consider things in other ways. In the case of Cape Wind, the choice need not be progress or beauty...if people are willing to reconsider what they regard as "beauty."

Europeans largely made peace with wind power years ago and embrace turbines as a unique and beautifully dramatic part of their landscape. You can see them on the Irish coast, in the French countryside and dotting hills in Bavaria and the Alps. They view modern turbines the way we view the old wood and fabric windmills of yore - as interesting and picturesque aspects of the landscape.

What's unfortunate is that opponents of Cape Wind are refusing to compromise with themselves to the extent that they can make peace with the technology and envision beauty in a new way...even if the turbines will be so far from shore that despite their height, they'll only apear to reach 1/2 inch above the horizon. For the vocal opposition, Nantucket Sound must always appear the way it has "naturally" - turbine free. Emotion (and nostalgia) win out over logic, practicality and adaptability...and we all miss an opportunity to take a step forward together.

I'm not criticizing the opponents of Cape Wind for taking their position - I'm just saying that if they could open their minds to see beauty in modern turbines and recognize the minimal visual intrusion this specific project would have on the vistas they know and love, they could reconcile those diametrically opposed views that place them on both sides of the argument.

Tuesday, March 28, 2006

Bush's First Pardon?


2008. What's in a year? That depends...for the soldiers in Faluja and Baghdad, it's at least how much longer the Bush Administration says that they'll be in Iraq. For the President though, it'll be "Miller Time" as the timing for their withdrawl "will be decided by future presidents." How convenient. This would just about do it. I don't think it's a stretch to call this the official start of the Bush lame-duck presidency. It sure feels like hands have been thrown up... that after three and a half years of self-inflicted pain and self-victimization, the Bushies are exhausted by the whole "Iraq thing" and this out of touch administration is closing the storm shutters, putting on the noise-canceling headphones or hanging out the "gone fishing" sign (although "gone hunting" may be more appropriate). Marginalized by poor choices and sloppy political footwork, with party members running for the hills, it seems like they're beginning to lay the groundwork for absolution via term limits.