Friday, January 7, 2011

Free Making Money

If Pettitte does decide to retire, it's been rumored that the Yankees might make an aggressive pursuit for Soriano to create a lock-down bullpen, one that the Yankees haven't had since the days of Rivera and John Wetteland in 1996.


If the Yankees were to get Soriano, they would have to surrender a first-round draft pick to the Rays, but the Yankees also can be compensated with a draft pick due to Javier Vazquez signing with the Marlins.


As of right now, the Yankees don't have an imminent heir to Rivera's closer job if he retires anytime soon, and they don't have a main setup man after Kerry Wood turned down more money to return to the Cubs this winter.


The Yankees could consider Joba Chamberlain and David Robertson for the setup role, but both have had their struggles in the past, so Soriano would be an instant upgrade to the bullpen and a much better option to follow in Rivera's footsteps.


The White Sox are said to be interested in Soriano after letting Bobby Jenks go, and the Angels have expressed interest after losing out on Adrian Beltre and Carl Crawford this winter as well. But the Angels also signed Scott Downs to a three-year deal, plus already have Fernando Rodney as their current closer.


Although Soriano is a solid closer and could easily get a closing job this winter, he has said he would be a setup man for only one team, meaning the Yankees.



I’ve often wondered if the early Web pioneers had it all to do over again if Web companies would have put less of an emphasis on free.


People have been conditioned against paying for services or content on the Web, and the Web elite only have each other to blame. For all the talk of Web companies getting users first and “figuring out” how to make money later, the only two jaw-droppingly, multi-billion-dollar, innovative new ways to advertise online have been Google’s paid search ads and Groupon’s solution to unlocking local ad dollars on a mass scale. Those who win big–like Google– just perpetuate the cult of free content and services as a way of spoiling would be competitors. Witness a big disconnect between popularity and money. Exhibit A: Yahoo.


As a result, Netflix and Match.com are two of the only companies to have figured out ways to build large, lucrative subscription businesses online. Meanwhile, LinkedIn is one of the only Web 2.0 companies that has created a huge business with a freemium business model.


But on the mobile Web it’s a do-over, and it’s a totally different playbook from FREE! People are conditioned to pay for stuff over phones in a way they aren’t online, and they’re not flinching. According to Citibank’s US Internet Stock 2011 Playbook released today, Apple will generated as much as $2 billion in gross app revenue in 2011. For perspective, that’s about the same size as Citibank’s estimate for the entire online video advertising market next year, nevermind way more people watch YouTube than have an iPhone and it’s been in the cultural zeitgeist longer.


The report also cites Gartner’s estimates that the total app market was around $4 billion in 2010 and should grow to a whopping $27 billion by 2013. The biggest driver is smart phone penetration, the impact of which Citibank compares to the spread of broadband on the computer-based Internet in the early 2000s. Globally, smart phone unit sales grew 53% in 2010, and Citibank expects it to grow 29% in 2011 and stay in the mid-20% growth range through 2013.


Several years ago, it was controversial to say that a fledgling product called Android — not the hyped up purchase of YouTube– would be Google’s best bet at another hit on the scale of paid search. Android is already making $1 billion in revenues with an indirect monetization strategy, and Citibank expects that could double next year– not only eclipsing YouTube but the entire online video category. Now calling Android Google’s future is almost a cliche. Good thing Google hedged its bets.



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'Vampires doing kicks.' 'Soft porn.' 'A crime against our audience.' 'Newlywed tension.' Fear not, Twi-hards, your beloved movie franchise will not.

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Thursday, January 6, 2011

Making Money in Wotlk

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Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters rock tops
surface encounters rock tops

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters rock tops
surface encounters rock tops

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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surface encounters macomb

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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surface encounters macomb mi
surface encounters noblesville

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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surface encounters michigan

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters noblesville
surface encounters

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters macomb
surface encounters rock tops

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters macomb mi
surface encounters macomb

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters macomb

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters macomb
surface encounters macomb

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters rock tops
surface encounters macomb

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters
surface encounters michigan

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters noblesville
surface encounters rock tops

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters
surface encounters rock tops

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


surface encounters
surface encounters

Microsoft announces Avatar Kinect Xbox 360 <b>News</b> - Page 1 <b>...</b>

Read our Xbox 360 news of Microsoft announces Avatar Kinect.

The <b>News</b> from Norway : CJR

As the remaining Norwegian-American newspaper, we honor our predecessors by sharing the news of the vibrant Norwegian-American community with our 20000 readers every week. Posted by Christy on Thu 6 Jan 2011 at 01:15 AM ...

Star Wars Complete Saga Blu-ray <b>news</b>: release in September, 30 <b>...</b>

This might not be the 'most impressive' Star Wars announcement you were looking for. Not that it's a bad thing the complete saga will be.


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Wednesday, January 5, 2011

Online Money Making Opportunities



Online retailer Overstock.com said today it has been ranked #1 for employee satisfaction in a Glassdoor.com survey commissioned by Forbes.



The company received high ratings for its fun, relaxed work culture. CEO and Chairman Patrick M. Byrne earned a 92% employee approval rating, the highest of any retailer on this list.



"This ranking is a very nice recognition for our company culture," said Overstock.com President Jonathan Johnson.



"We focus on making Overstock.com a place that our employees look forward to coming to each day. Our motto is 'We save people money,' and we have a lot of fun doing it. It is great working at a place where people put aside office politics and just get the job done. This award is a reflection of how Patrick cultivates the Overstock.com culture from the top down."



Glassdoor.com compiled a list of the "Best Retailers to Work For" for Forbes. The survey ranked employers based on criteria such as "career opportunities," "communication," "compensation & benefits" and "employee morale." Collected from current and employee feedback since June 2008, the study ranked brands that had at least 20 reviews or more over the last 30 months.









Funding



In May of this year, Tomio Geron at the Wall Street Journal summed up the funding story thusly:

Etacts, which completed the Y Combinator incubator program in March, has just closed a $700,000 seed round from prominent angels including Ron Conway's SV Angel; Eric Hahn, former chief technology officer at Netscape; Joshua Schachter, founder of Delicious; Jim Young, co-founder of HotOrNot; Barney Pell and Lorenzo Thione, co-founders of Powerset; Jawed Karim, co-founder of Youtube; Ashton Kutcher, actor and now angel investor; Robby Walker and Wayne Crosby, former Y Combinator participants; and Irene Pedrazza, founder of CheetahMail.



Etacts raised the funding quickly - in just over a month - and had intended to raise $500,000 but decided to let in more investors because of the strong interest, said [Howie] Liu, who co-founded the company with classmate Evan Beard after the two graduated from Duke University last year.



You don't take Ron Conway money and then just give up in six months.



Rapportive raised a small round from other impressive funders 3 months later. Gist raised $4 million in between those two announcements, in July.



Etacts hasn't replied to our request for comment, but an acquisition certainly seems the most likely explanation for the service's decision to shut down.



Email as a Platform



We wrote about email as a platform for application development most recently in August. Yahoo's Eran Hammer-Lahav, then working on developer relations for Yahoo Mail, explained why so many companies are interested in this space.



"It's pretty clear that email provides a huge potential for extensibility, given the wide range of ways people use it. The inbox is much more than just a place for incoming mail, it is the primary dashboard for many web users - it is how they manage their lives. So when looking at email as a platform, the opportunity of making it more useful and productive reaches most areas of online activities.

So far the focus has been on taking social information to help better manage email overflow, but the platform has much more potential beyond that."



What will its likely acquirer do with Etacts? Presumably displaying the social networking profiles and past conversations we've had with the people who sent us emails is just the beginning. How will other email providers respond, lest they fall behind in richness of user experience? That's where things will get really interesting.



Personal Data as a Platform



Perhaps even more interesting is the way that all of these services use data about the people who have sent you email that they have acquired through services like Rapleaf. Services that scoop up and wholesale personal profile data ("the person attached to this email uses this LinkedIn profile, this Twitter profile, owns a home, has kids and loves short videos about kittens") are wildly controversial but also very useful. Nowhere is that usefulness more clearly demonstrated than in the email CRM services like Etacts, Rapportive and Gist.



Perhaps if Etacts' feature-set goes mainstream in some big email program, the story of value built for everyday people (not just marketers) from aggregate online personal data as a development platform would become easier to tell.



That would be very good news.












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The <b>News</b> from Norway : CJR

Behind the News The Media. The News from Norway A comprehensive look at the history of the Norwegian American press � NYT Sports Editor Apologizes for Column Switcheroo Piece on Patriots' decline was altered after a 45-3 win ...

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Fashion Industry News, Designers, Runway Shows, Style Advice. Send Tips � Advertise � About Us � Network � Above the Law � AltTransport � Breaking Media � Fashionista. Search for: ... Posted in: Beauty, News ...

Teenage Cheerleader Disappears in Small Texas Town - AOL <b>News</b>

Police in a small town in Texas are looking for a 13-year-old cheerleader missing for more than a week, but state officials say the case doesn't meet the criteria for an Amber Alert.


Tuesday, January 4, 2011

Making Money Working



Until this week, the lies about death panels were some of the worst spread by Sarah Palin and the Republicans to scare seniors about health care reform and the Affordable Care Act (ACA). Now there's a real death panel, and John Boehner is in charge -- it's the Republican legislative campaign to undermine the ACA. Boehner and the Republicans want to give our health care back to the insurance companies, kill strong consumer protections that end the worst insurance company abuses and sentence more than 30,000 Americans a year to death because they can't afford health insurance.



As one of the first acts of the 112th Congress, the Republicans plan to repeal the Affordable Care Act and all the benefits and consumer protections that are making a real difference in the lives of millions of Americans right now. What are they replacing it with? Nothing. They're referring that question to a bunch of committees that will deliberate for months and play political football with our lives and health. What does that really mean? It means letting the insurance companies off the hook so they can run roughshod over consumers and deny our care and jack up our rates whenever they please.



Here are some of the things that will happen in the real world if the Republicans are successful with repeal:



  • Seniors who received $250 checks from Medicare last year to help buy prescription drugs will have to return the money to the Treasury Department.


  • Seniors will lose the 50% discount on brand-name drugs when they have reached the "donut hole" of their prescription-drug plans - a benefit worth more than $12,500 over 10 years to those who qualify. Instead of closing over the next several years, the "donut hole" will stay open permanently.


  • Seniors will stop receiving no-cost annual physicals, mammograms and cancer screenings under rules that had just taken effect this week. Also, a voluntary program to enable seniors to live independently would be wiped out, forcing more people to crowd into nursing homes.


  • Millions of consumers, including children, will be denied coverage and care due to pre-existing conditions and branded "uninsurable." Health plans will go back to kicking young adults off their parents' coverage instead of providing benefits until age 26.


  • Many Americans with sick family members will be forced to file for bankruptcy protection when insurers restore lifetime and annual caps on benefits.


  • Health plan premiums will resume their double-digit increases as insurers return to grabbing however much they want from your premiums to pay for excessive profits, CEO pay, an army of lobbyists and a bureaucracy that turns away the sick. New programs to block unreasonable rate hikes would be dismantled.


  • Taxpayers would pay hundreds of billions of dollars in excessive fees to private health insurance companies that enroll seniors in Medicare Advantage plans at much higher costs than if the government provided benefits directly. The Medicare trust fund's projected solvency will give back the 10-year extension it got from the ACA.





You can see an excellent overview here of what we will lose if the ACA is repealed. You can also see the district-by-district impact of health reform here.



After a century of legislative and political combat, working families and small businesses finally won and ended the insurance companies' stranglehold over our health care. Naturally, Boehner wants to roll back the new health care law and let the health insurance companies resume their reign of terror. That's why Boehner and his band of corporate shills, including House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell and a raft of presidential wannabes, have made repealing the law the Republican Party's top priority for 2011.



The Congress needs to fix the economy and create millions of jobs to put American back to work, but instead Cantor prefers to make bogus claims about an election mandate to repeal the health care law. Nevermind that 68% of Americans favor consumer protections such as allowing people under 26 to remain on their parents' plans, and 60% don't want health insurers to turn away sick people. Cantor isn't deterred by facts because his mission is partisan politics, not governing.



And so is this typically understated comment from Boehner:

"I believe that the health care bill that was enacted by the current Congress will kill jobs in America, ruin the best health care system in the world, and bankrupt our country... That means we have to do everything we can to try to repeal this bill and replace it with common sense reforms to bring down the cost of health care."
Wow. Sounds like the end of the world as we know it.



Boehner and his fellow Republican repeal-mongers dismiss economic projections they don't like, such as those showing that the ACA will create millions of new jobs, that the law now requires insurers to use a new minimum acceptable percentage of premium dollars for actual medical care instead of profits and bureaucracy, and that the ACA will reduce the federal budget deficit.



The Republicans are kowtowing to right-wing extremists, corporate executives and billionaire investors who secretly spent millions of dollars to help Republican election campaigns last fall, including deceptive ads attacking the health care law. Those deceptions continue still. The ACA protects consumers from the worst health insurance company abuses and provides seniors with better health care through the Medicare program.



Thankfully Senate Majority Leader Harry Reid and the Democrats in the Senate will stop Boehner in his tracks. However, when you cut through the political hyperbole, the GOP's search-and-destroy mission is serious business. The repeal vote in the House scheduled for next week is part of an all-out assault on the new law in the Congress, the courts and state legislatures. And it's an assault with well-funded corporate sponsors.



Everyone already knows that the Republican Party is a wholly-owned subsidiary of the health insurance industry and other profit-hungry corporations. In case there was any doubt, the Republicans have begun hiring insurance and health care industry lobbyists for key positions on committees and members' staffs. So far, two health care industry lobbyists have joined the powerful House Energy & Commerce Committee, which has jurisdiction over health care legislation. One of them was named staff director. In addition, a top lobbyist from the medical device industry has joined Boehner's staff as policy director, a post he will undoubtedly use to try to roll back the new tax on medical devices that is part of the ACA. Expect to see more hires like these.



If that picture isn't disturbing enough, look at the cynical demagoguery of GOP presidential hopefuls, like Fox News personality and former Arkansas Gov. Mike Huckabee. Huckabee has been running TV commercials trashing the health care law and offering a petition to demand that Congress repeal it. It turns out that Huckabee hired a notorious scam artist to help him with the exploitative ad campaign, which is nothing more than a front to raise money. Three days after Think Progress reported about the scammer, Huckabee was forced to fire the guy. A few months ago, Huckabee, a Baptist minister with a pre-existing condition of his own, said it was OK for health insurance companies to turn their backs on people with pre-existing conditions. Like Boehner, he's the new face of the Republican Party on health care. He works for the insurance industry and other big corporations, not the rest of us.



The interests of middle class and working families are of no concern to Republican Party leaders. To them, it's just smart business to spend political capital on protecting the financial interests of the billionaires and big corporations who make up their base -- the "haves and the have-mores," as President George W. Bush famously described them.



And yet, these are the same Republicans who complain about having to wait a few weeks for their health benefits to take effect while they rush into the 112th Congress with a plan that will revive working families' fear of going bankrupt because of crushing medical expenses and of getting dropped from your insurance if you're sick.









President Obama spent much of Wednesday huddled with a group of business executives, an effort The New York Times said afterward "went a long way to reset the tone of the relationship between Mr. Obama and corporate America" in the eyes of the corporate chieftains who attended.


That's all well and good, if the problems with today's economy were rooted in a lack of warmth and fuzziness between President Obama and corporate CEOs. But they aren't. For decades, the interests of corporate lobbyists—the people acting on behalf of many of the executives at the White House meeting—have been at odds with the interests of working people. The White House "making peace" with corporate CEOs, to use The Washington Post's description of the meeting, is one thing. But Wall Street needs to make peace with those of us who have been forced, as a result of the conservative policies they promoted, to live through a decade of stagnant wages, unemployment and underemployment. Wall Street needs a reset with working America.


Unfortunately, it's not at all clear that this meeting delivered much for working-class people. The Post reported that "after the meeting, several chief executives said their conversation with the president was constructive and open as they discussed education, trade, taxes and jobs. But the executives and Obama remained vague about specific outcomes they expected from the meeting."


And one of the few specifics reported from the meeting is highly disturbing. Bloomberg reported that the CEOs had their hands out for yet another tax cut:


While Obama has called on the CEOs to spend the $2 trillion in cash their companies have accumulated on job creation, the executives said much of that is earnings from overseas sales that are retained abroad to avoid paying U.S. corporate income tax. U.S.-based multinational corporations pay corporate income tax on earnings when they are brought back to the U.S. If the revenue remains abroad, either in cash or investment in overseas facilities, the money isn’t taxed.


Obama said he would consider the issue and asked what the executives would be willing to give up in other corporate tax rates to make sure it remains revenue neutral.


Actually, in many cases the earnings involved are not necessarily from "overseas sales." Many multinational corporations have created elaborate schemes to ensure that domestic sales are credited as foreign ones in order to avoid paying corporate income tax. It's how Google avoids paying billions in corporate income taxes to the United States and the United Kingdom.


President Obama has rightly pledged to go after this tax dodge and sent some proposals to Congress last year that Citizens for Tax Justice said were "steps in the right direction." Businesses have countered with demands for a "tax holiday," The Financial Times reported in October. Again, at least until now, the Obama administration has resisted. One reason, as the FT notes, is that there is no guarantee that the money coaxed back into the U.S. will actually be used for investment and job creation.


We've been here before. In 2004 the Bush administration and the Republican Congress gave corporations a tax amnesty on profits sheltered overseas. The benefits for workers were negligible. Gannett News Service reported earlier this year in a story about Sen. Barbara Boxer's support for an offshore tax break:



A Congressional Research Service analysis published in January 2009 found that 10 of the top dozen companies that took advantage of the 2004 break cut jobs. Hewlett-Packard repatriated $14.5 billion and laid off 14,500. Pfizer repatriated $37 billion and cut 9,000 jobs in 2005.


California-based Oracle and Intel also repatriated foreign earnings. The money helped Oracle acquire two U.S. companies and helped Intel build a new factory


.


The Business Roundtable, a champion of the tax amnesty idea, says of the money that came back to the U.S. as a result of 2004 holiday, 25 percent went to capital investments and 23 percent to hiring and training new workers. Even that positive spin suggests the country doesn't get very much for coaxing businesses to do less than what they should be dong as corporate citizens.


Corporations succeed in the United States not simply because of what they do on their own. Their success depends on the quality of public schools that prepare their workers, transportation networks that move goods and people, agencies that help keep people healthy and safe, and efforts to ensure that each American is able to maintain at least a minimal standard of living. All of these are government functions that corporations undercut when they engage in schemes to avoid paying taxes, leaving the rest of us to struggle with the consequences.


The businesses that profit as a result of the public commons that We the People provide should not have to be given special inducements to pay their fair share toward supporting that commons. (As it stands now, contrary to conservative claims to the contrary, the truth is U.S. corporations pay some of the lowest tax rates of major industrial powers.) That is the starting point from which President Obama should begin in building a new tax framework in which businesses and Main Street can profit together in a new economy.


Even as corporations are seeking a tax holiday, these same corporations spent hundreds of millions of dollars electing congressional candidates opposed to government initiatives that would stimulate the economy and stoke the demand that would coax their hoarded cash off the sidelines. Instead of egging on, tacitly or otherwise, the anti-spending crowd, these CEOs could still choose to back a real economic stimulus—not just cross-your-fingers-and-hope-they-trickle-down tax cuts, but real investment in the economy's future.


Lew Prince, a small business owner in St. Louis, recently penned an op-ed that offered a more Main Street perspective on what businesses need to prosper:



We shouldn’t borrow billions more dollars from China and Saudi Arabia to give to the wealthy. Instead the wealthy should pay their fair share. We need adequate tax revenue to invest in our economy. More tax cuts at the top won’t create jobs. But we will create jobs and strengthen our economy by rebuilding our crumbling roads, bridges, public transit, levees and water and gas pipelines. We will save and create jobs by investing in education and clean energy research and manufacturing now growing much more rapidly in other countries.


Now that Obama has met with business executives, his next step should be a summit meeting with the unemployed. And then let's have a real debate in which business executives and their conservative benefactors are called to account on whether they are really interested in the fates of American workers or just in their own balance sheets.



robert shumake detroit

Pink Floyd Re-Signs With EMI: Good <b>News</b> for the Band or the Label?

Progressive rock legends Pink Floyd have re-signed with their longtime record label EMI.

Movie <b>News</b> Quick Hits: Bigfoot to get the &#39;Avatar&#39; Treatment <b>...</b>

A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.

Small Business <b>News</b>: Starting Your New Business In A New Year

Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you're launching a new business, there.


robert shumake detroit

Pink Floyd Re-Signs With EMI: Good <b>News</b> for the Band or the Label?

Progressive rock legends Pink Floyd have re-signed with their longtime record label EMI.

Movie <b>News</b> Quick Hits: Bigfoot to get the &#39;Avatar&#39; Treatment <b>...</b>

A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.

Small Business <b>News</b>: Starting Your New Business In A New Year

Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you're launching a new business, there.


robert shumake


Until this week, the lies about death panels were some of the worst spread by Sarah Palin and the Republicans to scare seniors about health care reform and the Affordable Care Act (ACA). Now there's a real death panel, and John Boehner is in charge -- it's the Republican legislative campaign to undermine the ACA. Boehner and the Republicans want to give our health care back to the insurance companies, kill strong consumer protections that end the worst insurance company abuses and sentence more than 30,000 Americans a year to death because they can't afford health insurance.



As one of the first acts of the 112th Congress, the Republicans plan to repeal the Affordable Care Act and all the benefits and consumer protections that are making a real difference in the lives of millions of Americans right now. What are they replacing it with? Nothing. They're referring that question to a bunch of committees that will deliberate for months and play political football with our lives and health. What does that really mean? It means letting the insurance companies off the hook so they can run roughshod over consumers and deny our care and jack up our rates whenever they please.



Here are some of the things that will happen in the real world if the Republicans are successful with repeal:



  • Seniors who received $250 checks from Medicare last year to help buy prescription drugs will have to return the money to the Treasury Department.


  • Seniors will lose the 50% discount on brand-name drugs when they have reached the "donut hole" of their prescription-drug plans - a benefit worth more than $12,500 over 10 years to those who qualify. Instead of closing over the next several years, the "donut hole" will stay open permanently.


  • Seniors will stop receiving no-cost annual physicals, mammograms and cancer screenings under rules that had just taken effect this week. Also, a voluntary program to enable seniors to live independently would be wiped out, forcing more people to crowd into nursing homes.


  • Millions of consumers, including children, will be denied coverage and care due to pre-existing conditions and branded "uninsurable." Health plans will go back to kicking young adults off their parents' coverage instead of providing benefits until age 26.


  • Many Americans with sick family members will be forced to file for bankruptcy protection when insurers restore lifetime and annual caps on benefits.


  • Health plan premiums will resume their double-digit increases as insurers return to grabbing however much they want from your premiums to pay for excessive profits, CEO pay, an army of lobbyists and a bureaucracy that turns away the sick. New programs to block unreasonable rate hikes would be dismantled.


  • Taxpayers would pay hundreds of billions of dollars in excessive fees to private health insurance companies that enroll seniors in Medicare Advantage plans at much higher costs than if the government provided benefits directly. The Medicare trust fund's projected solvency will give back the 10-year extension it got from the ACA.





You can see an excellent overview here of what we will lose if the ACA is repealed. You can also see the district-by-district impact of health reform here.



After a century of legislative and political combat, working families and small businesses finally won and ended the insurance companies' stranglehold over our health care. Naturally, Boehner wants to roll back the new health care law and let the health insurance companies resume their reign of terror. That's why Boehner and his band of corporate shills, including House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell and a raft of presidential wannabes, have made repealing the law the Republican Party's top priority for 2011.



The Congress needs to fix the economy and create millions of jobs to put American back to work, but instead Cantor prefers to make bogus claims about an election mandate to repeal the health care law. Nevermind that 68% of Americans favor consumer protections such as allowing people under 26 to remain on their parents' plans, and 60% don't want health insurers to turn away sick people. Cantor isn't deterred by facts because his mission is partisan politics, not governing.



And so is this typically understated comment from Boehner:

"I believe that the health care bill that was enacted by the current Congress will kill jobs in America, ruin the best health care system in the world, and bankrupt our country... That means we have to do everything we can to try to repeal this bill and replace it with common sense reforms to bring down the cost of health care."
Wow. Sounds like the end of the world as we know it.



Boehner and his fellow Republican repeal-mongers dismiss economic projections they don't like, such as those showing that the ACA will create millions of new jobs, that the law now requires insurers to use a new minimum acceptable percentage of premium dollars for actual medical care instead of profits and bureaucracy, and that the ACA will reduce the federal budget deficit.



The Republicans are kowtowing to right-wing extremists, corporate executives and billionaire investors who secretly spent millions of dollars to help Republican election campaigns last fall, including deceptive ads attacking the health care law. Those deceptions continue still. The ACA protects consumers from the worst health insurance company abuses and provides seniors with better health care through the Medicare program.



Thankfully Senate Majority Leader Harry Reid and the Democrats in the Senate will stop Boehner in his tracks. However, when you cut through the political hyperbole, the GOP's search-and-destroy mission is serious business. The repeal vote in the House scheduled for next week is part of an all-out assault on the new law in the Congress, the courts and state legislatures. And it's an assault with well-funded corporate sponsors.



Everyone already knows that the Republican Party is a wholly-owned subsidiary of the health insurance industry and other profit-hungry corporations. In case there was any doubt, the Republicans have begun hiring insurance and health care industry lobbyists for key positions on committees and members' staffs. So far, two health care industry lobbyists have joined the powerful House Energy & Commerce Committee, which has jurisdiction over health care legislation. One of them was named staff director. In addition, a top lobbyist from the medical device industry has joined Boehner's staff as policy director, a post he will undoubtedly use to try to roll back the new tax on medical devices that is part of the ACA. Expect to see more hires like these.



If that picture isn't disturbing enough, look at the cynical demagoguery of GOP presidential hopefuls, like Fox News personality and former Arkansas Gov. Mike Huckabee. Huckabee has been running TV commercials trashing the health care law and offering a petition to demand that Congress repeal it. It turns out that Huckabee hired a notorious scam artist to help him with the exploitative ad campaign, which is nothing more than a front to raise money. Three days after Think Progress reported about the scammer, Huckabee was forced to fire the guy. A few months ago, Huckabee, a Baptist minister with a pre-existing condition of his own, said it was OK for health insurance companies to turn their backs on people with pre-existing conditions. Like Boehner, he's the new face of the Republican Party on health care. He works for the insurance industry and other big corporations, not the rest of us.



The interests of middle class and working families are of no concern to Republican Party leaders. To them, it's just smart business to spend political capital on protecting the financial interests of the billionaires and big corporations who make up their base -- the "haves and the have-mores," as President George W. Bush famously described them.



And yet, these are the same Republicans who complain about having to wait a few weeks for their health benefits to take effect while they rush into the 112th Congress with a plan that will revive working families' fear of going bankrupt because of crushing medical expenses and of getting dropped from your insurance if you're sick.









President Obama spent much of Wednesday huddled with a group of business executives, an effort The New York Times said afterward "went a long way to reset the tone of the relationship between Mr. Obama and corporate America" in the eyes of the corporate chieftains who attended.


That's all well and good, if the problems with today's economy were rooted in a lack of warmth and fuzziness between President Obama and corporate CEOs. But they aren't. For decades, the interests of corporate lobbyists—the people acting on behalf of many of the executives at the White House meeting—have been at odds with the interests of working people. The White House "making peace" with corporate CEOs, to use The Washington Post's description of the meeting, is one thing. But Wall Street needs to make peace with those of us who have been forced, as a result of the conservative policies they promoted, to live through a decade of stagnant wages, unemployment and underemployment. Wall Street needs a reset with working America.


Unfortunately, it's not at all clear that this meeting delivered much for working-class people. The Post reported that "after the meeting, several chief executives said their conversation with the president was constructive and open as they discussed education, trade, taxes and jobs. But the executives and Obama remained vague about specific outcomes they expected from the meeting."


And one of the few specifics reported from the meeting is highly disturbing. Bloomberg reported that the CEOs had their hands out for yet another tax cut:


While Obama has called on the CEOs to spend the $2 trillion in cash their companies have accumulated on job creation, the executives said much of that is earnings from overseas sales that are retained abroad to avoid paying U.S. corporate income tax. U.S.-based multinational corporations pay corporate income tax on earnings when they are brought back to the U.S. If the revenue remains abroad, either in cash or investment in overseas facilities, the money isn’t taxed.


Obama said he would consider the issue and asked what the executives would be willing to give up in other corporate tax rates to make sure it remains revenue neutral.


Actually, in many cases the earnings involved are not necessarily from "overseas sales." Many multinational corporations have created elaborate schemes to ensure that domestic sales are credited as foreign ones in order to avoid paying corporate income tax. It's how Google avoids paying billions in corporate income taxes to the United States and the United Kingdom.


President Obama has rightly pledged to go after this tax dodge and sent some proposals to Congress last year that Citizens for Tax Justice said were "steps in the right direction." Businesses have countered with demands for a "tax holiday," The Financial Times reported in October. Again, at least until now, the Obama administration has resisted. One reason, as the FT notes, is that there is no guarantee that the money coaxed back into the U.S. will actually be used for investment and job creation.


We've been here before. In 2004 the Bush administration and the Republican Congress gave corporations a tax amnesty on profits sheltered overseas. The benefits for workers were negligible. Gannett News Service reported earlier this year in a story about Sen. Barbara Boxer's support for an offshore tax break:



A Congressional Research Service analysis published in January 2009 found that 10 of the top dozen companies that took advantage of the 2004 break cut jobs. Hewlett-Packard repatriated $14.5 billion and laid off 14,500. Pfizer repatriated $37 billion and cut 9,000 jobs in 2005.


California-based Oracle and Intel also repatriated foreign earnings. The money helped Oracle acquire two U.S. companies and helped Intel build a new factory


.


The Business Roundtable, a champion of the tax amnesty idea, says of the money that came back to the U.S. as a result of 2004 holiday, 25 percent went to capital investments and 23 percent to hiring and training new workers. Even that positive spin suggests the country doesn't get very much for coaxing businesses to do less than what they should be dong as corporate citizens.


Corporations succeed in the United States not simply because of what they do on their own. Their success depends on the quality of public schools that prepare their workers, transportation networks that move goods and people, agencies that help keep people healthy and safe, and efforts to ensure that each American is able to maintain at least a minimal standard of living. All of these are government functions that corporations undercut when they engage in schemes to avoid paying taxes, leaving the rest of us to struggle with the consequences.


The businesses that profit as a result of the public commons that We the People provide should not have to be given special inducements to pay their fair share toward supporting that commons. (As it stands now, contrary to conservative claims to the contrary, the truth is U.S. corporations pay some of the lowest tax rates of major industrial powers.) That is the starting point from which President Obama should begin in building a new tax framework in which businesses and Main Street can profit together in a new economy.


Even as corporations are seeking a tax holiday, these same corporations spent hundreds of millions of dollars electing congressional candidates opposed to government initiatives that would stimulate the economy and stoke the demand that would coax their hoarded cash off the sidelines. Instead of egging on, tacitly or otherwise, the anti-spending crowd, these CEOs could still choose to back a real economic stimulus—not just cross-your-fingers-and-hope-they-trickle-down tax cuts, but real investment in the economy's future.


Lew Prince, a small business owner in St. Louis, recently penned an op-ed that offered a more Main Street perspective on what businesses need to prosper:



We shouldn’t borrow billions more dollars from China and Saudi Arabia to give to the wealthy. Instead the wealthy should pay their fair share. We need adequate tax revenue to invest in our economy. More tax cuts at the top won’t create jobs. But we will create jobs and strengthen our economy by rebuilding our crumbling roads, bridges, public transit, levees and water and gas pipelines. We will save and create jobs by investing in education and clean energy research and manufacturing now growing much more rapidly in other countries.


Now that Obama has met with business executives, his next step should be a summit meeting with the unemployed. And then let's have a real debate in which business executives and their conservative benefactors are called to account on whether they are really interested in the fates of American workers or just in their own balance sheets.



robert shumake

make money with the law of attraction by Shannon and Kim


robert shumake

Pink Floyd Re-Signs With EMI: Good <b>News</b> for the Band or the Label?

Progressive rock legends Pink Floyd have re-signed with their longtime record label EMI.

Movie <b>News</b> Quick Hits: Bigfoot to get the &#39;Avatar&#39; Treatment <b>...</b>

A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.

Small Business <b>News</b>: Starting Your New Business In A New Year

Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you're launching a new business, there.


robert shumake

Pink Floyd Re-Signs With EMI: Good <b>News</b> for the Band or the Label?

Progressive rock legends Pink Floyd have re-signed with their longtime record label EMI.

Movie <b>News</b> Quick Hits: Bigfoot to get the &#39;Avatar&#39; Treatment <b>...</b>

A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.

Small Business <b>News</b>: Starting Your New Business In A New Year

Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you're launching a new business, there.


robert shumake

The idea of making money on line is always welcomed by most people. Who wouldn't want to earn on-line and to be getting an income from this source hence, improving financial freedom? There are just lots of methods that one can come out with when it comes to on-line money making. First of all, it's important to research the sites that you are going to join or participate. Are they legit sites, need a minimum sum or stuff like that.

In any situation for on-line money making, organizing one's interests would be very helpful to shortlist the different methods available. There are lots of methods like getting paid to blog, writing articles and gaining from ad revenue, being paid a revenue share for writing, writing sites for clients to outsource, writing letters to submit to a bank of other letters for customers to choose from, paid to review sites, affiliate programs and many more. The list is just endless and there are just enormous ways of on-line money making. In my own personal observation, I notice that there are lots of people liking the idea of paid to blog. That is one of the best methods of earning money.

A lot of people are saying that it's best to not invest in any money at all for your on-line quest. To shed your dollar means something is not right. That's the general rule. There are perhaps lots of people out there making it in their best interest to only participate in free to join websites. However, I think there are legit sites out there with a low minimal fee like for instance, to purchase referrals and gain a bigger ads view per day. This is evident in PTC or what they call Paid to Click programs. There are just aplenty; some are still running while others are either already closed down or total scams. Therefore, be vigilant when choosing your programs. Next off will be the payment options. Choose the right kind of option. There are lots of people using Pay-Pal as well as Alert-Pay. Read the FAQs of each site and get to know their policy and what kind of payment options they are offering. Some only pay in checks so do take note in this kind of situation, you cannot use your Pay-Pal account to receive earnings.

In a way, this on-line money making method and/or various free to join websites can be your ideal work from home idea and some people are so successful that they have been making it their full-time job. However, if you are starting out, it's best to not resign your job for different people success vary definitely. Normally for a site that you are going to work for, say in writing sites, forums or anything at all, there will most probably be a community talk there. It can either be through their Help section, special forum panel and there are even some sites where members can leave testimonials. You can roughly estimate from there; whether the site is worth working for or not. Most sites cite in their terms and conditions that the registered member is an independent contractor. Read the clause and make yourself understand all the terms and words being used. In other words, do your research well.

Some money making sites are even providing a chart on article statistics or traffic coming to which article of yours. This instance is very familiar with Associated Content website and I totally dig this feature. It is a great analyzer for me, really. Summarily, with a little or lots of efforts, honest sites are there and they do pay members whom work hard. Do your research and never give up. Good luck for your quest..


robert shumake

Pink Floyd Re-Signs With EMI: Good <b>News</b> for the Band or the Label?

Progressive rock legends Pink Floyd have re-signed with their longtime record label EMI.

Movie <b>News</b> Quick Hits: Bigfoot to get the &#39;Avatar&#39; Treatment <b>...</b>

A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.

Small Business <b>News</b>: Starting Your New Business In A New Year

Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you're launching a new business, there.


robert shumake

make money with the law of attraction by Shannon and Kim


robert shumake


Until this week, the lies about death panels were some of the worst spread by Sarah Palin and the Republicans to scare seniors about health care reform and the Affordable Care Act (ACA). Now there's a real death panel, and John Boehner is in charge -- it's the Republican legislative campaign to undermine the ACA. Boehner and the Republicans want to give our health care back to the insurance companies, kill strong consumer protections that end the worst insurance company abuses and sentence more than 30,000 Americans a year to death because they can't afford health insurance.



As one of the first acts of the 112th Congress, the Republicans plan to repeal the Affordable Care Act and all the benefits and consumer protections that are making a real difference in the lives of millions of Americans right now. What are they replacing it with? Nothing. They're referring that question to a bunch of committees that will deliberate for months and play political football with our lives and health. What does that really mean? It means letting the insurance companies off the hook so they can run roughshod over consumers and deny our care and jack up our rates whenever they please.



Here are some of the things that will happen in the real world if the Republicans are successful with repeal:



  • Seniors who received $250 checks from Medicare last year to help buy prescription drugs will have to return the money to the Treasury Department.


  • Seniors will lose the 50% discount on brand-name drugs when they have reached the "donut hole" of their prescription-drug plans - a benefit worth more than $12,500 over 10 years to those who qualify. Instead of closing over the next several years, the "donut hole" will stay open permanently.


  • Seniors will stop receiving no-cost annual physicals, mammograms and cancer screenings under rules that had just taken effect this week. Also, a voluntary program to enable seniors to live independently would be wiped out, forcing more people to crowd into nursing homes.


  • Millions of consumers, including children, will be denied coverage and care due to pre-existing conditions and branded "uninsurable." Health plans will go back to kicking young adults off their parents' coverage instead of providing benefits until age 26.


  • Many Americans with sick family members will be forced to file for bankruptcy protection when insurers restore lifetime and annual caps on benefits.


  • Health plan premiums will resume their double-digit increases as insurers return to grabbing however much they want from your premiums to pay for excessive profits, CEO pay, an army of lobbyists and a bureaucracy that turns away the sick. New programs to block unreasonable rate hikes would be dismantled.


  • Taxpayers would pay hundreds of billions of dollars in excessive fees to private health insurance companies that enroll seniors in Medicare Advantage plans at much higher costs than if the government provided benefits directly. The Medicare trust fund's projected solvency will give back the 10-year extension it got from the ACA.





You can see an excellent overview here of what we will lose if the ACA is repealed. You can also see the district-by-district impact of health reform here.



After a century of legislative and political combat, working families and small businesses finally won and ended the insurance companies' stranglehold over our health care. Naturally, Boehner wants to roll back the new health care law and let the health insurance companies resume their reign of terror. That's why Boehner and his band of corporate shills, including House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell and a raft of presidential wannabes, have made repealing the law the Republican Party's top priority for 2011.



The Congress needs to fix the economy and create millions of jobs to put American back to work, but instead Cantor prefers to make bogus claims about an election mandate to repeal the health care law. Nevermind that 68% of Americans favor consumer protections such as allowing people under 26 to remain on their parents' plans, and 60% don't want health insurers to turn away sick people. Cantor isn't deterred by facts because his mission is partisan politics, not governing.



And so is this typically understated comment from Boehner:

"I believe that the health care bill that was enacted by the current Congress will kill jobs in America, ruin the best health care system in the world, and bankrupt our country... That means we have to do everything we can to try to repeal this bill and replace it with common sense reforms to bring down the cost of health care."
Wow. Sounds like the end of the world as we know it.



Boehner and his fellow Republican repeal-mongers dismiss economic projections they don't like, such as those showing that the ACA will create millions of new jobs, that the law now requires insurers to use a new minimum acceptable percentage of premium dollars for actual medical care instead of profits and bureaucracy, and that the ACA will reduce the federal budget deficit.



The Republicans are kowtowing to right-wing extremists, corporate executives and billionaire investors who secretly spent millions of dollars to help Republican election campaigns last fall, including deceptive ads attacking the health care law. Those deceptions continue still. The ACA protects consumers from the worst health insurance company abuses and provides seniors with better health care through the Medicare program.



Thankfully Senate Majority Leader Harry Reid and the Democrats in the Senate will stop Boehner in his tracks. However, when you cut through the political hyperbole, the GOP's search-and-destroy mission is serious business. The repeal vote in the House scheduled for next week is part of an all-out assault on the new law in the Congress, the courts and state legislatures. And it's an assault with well-funded corporate sponsors.



Everyone already knows that the Republican Party is a wholly-owned subsidiary of the health insurance industry and other profit-hungry corporations. In case there was any doubt, the Republicans have begun hiring insurance and health care industry lobbyists for key positions on committees and members' staffs. So far, two health care industry lobbyists have joined the powerful House Energy & Commerce Committee, which has jurisdiction over health care legislation. One of them was named staff director. In addition, a top lobbyist from the medical device industry has joined Boehner's staff as policy director, a post he will undoubtedly use to try to roll back the new tax on medical devices that is part of the ACA. Expect to see more hires like these.



If that picture isn't disturbing enough, look at the cynical demagoguery of GOP presidential hopefuls, like Fox News personality and former Arkansas Gov. Mike Huckabee. Huckabee has been running TV commercials trashing the health care law and offering a petition to demand that Congress repeal it. It turns out that Huckabee hired a notorious scam artist to help him with the exploitative ad campaign, which is nothing more than a front to raise money. Three days after Think Progress reported about the scammer, Huckabee was forced to fire the guy. A few months ago, Huckabee, a Baptist minister with a pre-existing condition of his own, said it was OK for health insurance companies to turn their backs on people with pre-existing conditions. Like Boehner, he's the new face of the Republican Party on health care. He works for the insurance industry and other big corporations, not the rest of us.



The interests of middle class and working families are of no concern to Republican Party leaders. To them, it's just smart business to spend political capital on protecting the financial interests of the billionaires and big corporations who make up their base -- the "haves and the have-mores," as President George W. Bush famously described them.



And yet, these are the same Republicans who complain about having to wait a few weeks for their health benefits to take effect while they rush into the 112th Congress with a plan that will revive working families' fear of going bankrupt because of crushing medical expenses and of getting dropped from your insurance if you're sick.









President Obama spent much of Wednesday huddled with a group of business executives, an effort The New York Times said afterward "went a long way to reset the tone of the relationship between Mr. Obama and corporate America" in the eyes of the corporate chieftains who attended.


That's all well and good, if the problems with today's economy were rooted in a lack of warmth and fuzziness between President Obama and corporate CEOs. But they aren't. For decades, the interests of corporate lobbyists—the people acting on behalf of many of the executives at the White House meeting—have been at odds with the interests of working people. The White House "making peace" with corporate CEOs, to use The Washington Post's description of the meeting, is one thing. But Wall Street needs to make peace with those of us who have been forced, as a result of the conservative policies they promoted, to live through a decade of stagnant wages, unemployment and underemployment. Wall Street needs a reset with working America.


Unfortunately, it's not at all clear that this meeting delivered much for working-class people. The Post reported that "after the meeting, several chief executives said their conversation with the president was constructive and open as they discussed education, trade, taxes and jobs. But the executives and Obama remained vague about specific outcomes they expected from the meeting."


And one of the few specifics reported from the meeting is highly disturbing. Bloomberg reported that the CEOs had their hands out for yet another tax cut:


While Obama has called on the CEOs to spend the $2 trillion in cash their companies have accumulated on job creation, the executives said much of that is earnings from overseas sales that are retained abroad to avoid paying U.S. corporate income tax. U.S.-based multinational corporations pay corporate income tax on earnings when they are brought back to the U.S. If the revenue remains abroad, either in cash or investment in overseas facilities, the money isn’t taxed.


Obama said he would consider the issue and asked what the executives would be willing to give up in other corporate tax rates to make sure it remains revenue neutral.


Actually, in many cases the earnings involved are not necessarily from "overseas sales." Many multinational corporations have created elaborate schemes to ensure that domestic sales are credited as foreign ones in order to avoid paying corporate income tax. It's how Google avoids paying billions in corporate income taxes to the United States and the United Kingdom.


President Obama has rightly pledged to go after this tax dodge and sent some proposals to Congress last year that Citizens for Tax Justice said were "steps in the right direction." Businesses have countered with demands for a "tax holiday," The Financial Times reported in October. Again, at least until now, the Obama administration has resisted. One reason, as the FT notes, is that there is no guarantee that the money coaxed back into the U.S. will actually be used for investment and job creation.


We've been here before. In 2004 the Bush administration and the Republican Congress gave corporations a tax amnesty on profits sheltered overseas. The benefits for workers were negligible. Gannett News Service reported earlier this year in a story about Sen. Barbara Boxer's support for an offshore tax break:



A Congressional Research Service analysis published in January 2009 found that 10 of the top dozen companies that took advantage of the 2004 break cut jobs. Hewlett-Packard repatriated $14.5 billion and laid off 14,500. Pfizer repatriated $37 billion and cut 9,000 jobs in 2005.


California-based Oracle and Intel also repatriated foreign earnings. The money helped Oracle acquire two U.S. companies and helped Intel build a new factory


.


The Business Roundtable, a champion of the tax amnesty idea, says of the money that came back to the U.S. as a result of 2004 holiday, 25 percent went to capital investments and 23 percent to hiring and training new workers. Even that positive spin suggests the country doesn't get very much for coaxing businesses to do less than what they should be dong as corporate citizens.


Corporations succeed in the United States not simply because of what they do on their own. Their success depends on the quality of public schools that prepare their workers, transportation networks that move goods and people, agencies that help keep people healthy and safe, and efforts to ensure that each American is able to maintain at least a minimal standard of living. All of these are government functions that corporations undercut when they engage in schemes to avoid paying taxes, leaving the rest of us to struggle with the consequences.


The businesses that profit as a result of the public commons that We the People provide should not have to be given special inducements to pay their fair share toward supporting that commons. (As it stands now, contrary to conservative claims to the contrary, the truth is U.S. corporations pay some of the lowest tax rates of major industrial powers.) That is the starting point from which President Obama should begin in building a new tax framework in which businesses and Main Street can profit together in a new economy.


Even as corporations are seeking a tax holiday, these same corporations spent hundreds of millions of dollars electing congressional candidates opposed to government initiatives that would stimulate the economy and stoke the demand that would coax their hoarded cash off the sidelines. Instead of egging on, tacitly or otherwise, the anti-spending crowd, these CEOs could still choose to back a real economic stimulus—not just cross-your-fingers-and-hope-they-trickle-down tax cuts, but real investment in the economy's future.


Lew Prince, a small business owner in St. Louis, recently penned an op-ed that offered a more Main Street perspective on what businesses need to prosper:



We shouldn’t borrow billions more dollars from China and Saudi Arabia to give to the wealthy. Instead the wealthy should pay their fair share. We need adequate tax revenue to invest in our economy. More tax cuts at the top won’t create jobs. But we will create jobs and strengthen our economy by rebuilding our crumbling roads, bridges, public transit, levees and water and gas pipelines. We will save and create jobs by investing in education and clean energy research and manufacturing now growing much more rapidly in other countries.


Now that Obama has met with business executives, his next step should be a summit meeting with the unemployed. And then let's have a real debate in which business executives and their conservative benefactors are called to account on whether they are really interested in the fates of American workers or just in their own balance sheets.



robert shumake detroit

Pink Floyd Re-Signs With EMI: Good <b>News</b> for the Band or the Label?

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A leaked costume test from MGM's completed-but-shelved remake of 1984's 'Red Dawn' has found its way online. It's not much, but thanks to MGM's.

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Whether your starting a new business or rethinking an existing one, 2011 offers fresh possibilities and a new start. If you're launching a new business, there.


robert shumake detroit

make money with the law of attraction by Shannon and Kim


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Thursday, December 30, 2010

Making Money Opportunities


Ok Go Explains There Are Lots Of Ways To Make Money If You Can Get Fans

from the everything's-possible dept

Over the last few years, we've covered many of the moves by the band Ok Go -- to build up a fanbase often with the help of amazingly viral videos, ditch their major record label (EMI), and explore new business model opportunities. In the last few days, two different members of Ok Go explained a bit more of the band's thinking in two separate places, and both are worth reading. First up, we have Tim Nordwind, who did an interview with Hypebot, where he explained the band's general view on file sharing:


Obviously we'd love for anyone who has our music to buy a copy. But again, we're realistic enough to know that most music can be found online for free. And trying to block people's access to it isn't good for bands or music. If music is going to be free, then musicians will simply have to find alternative methods to make a living in the music business. People are spending money on music, but it's on the technology to play it. They spend hundreds of dollars on Ipods, but then fill it with 80 gigs of free music. That's ok, but it's just a different world now, and bands must learn to adjust.

Elsewhere in the interview, he talks about the importance of making fans happy and how the band realizes that there are lots of different ways to make money, rather than just selling music directly:

Our videos have opened up many more opportunities for us to make the things we want to make, and to chase our best and wildest ideas. Yes, we need to figure out how to make a living in a world where people don't buy music anymore. But really, we've been doing that for the last ten years. Things like licensing, touring, merch, and also now making videos through corporate sponsorship have all allowed us to keep the lights on and continue making music.

Separately, last Friday, Damian Kulash wrote a nice writeup in the Wall Street Journal all about how bands can, should and will make money going forward. In many ways the piece reminds me a bit of my future of music business models post from earlier this year -- and Kulash even uses many of the same examples in his article (Corey Smith, Amanda Palmer, Josh Freese, etc.). It's a really worthwhile read as well. He starts by pointing out that for a little over half a century, the record labels had the world convinced that the "music" industry really was just the "recorded music" industry:

For a decade, analysts have been hyperventilating about the demise of the music industry. But music isn't going away. We're just moving out of the brief period--a flash in history's pan--when an artist could expect to make a living selling records alone. Music is as old as humanity itself, and just as difficult to define. It's an ephemeral, temporal and subjective experience.



For several decades, though, from about World War II until sometime in the last 10 years, the recording industry managed to successfully and profitably pin it down to a stable, if circular, definition: Music was recordings of music. Records not only made it possible for musicians to connect with listeners anywhere, at any time, but offered a discrete package for commoditization. It was the perfect bottling of lightning: A powerful experience could be packaged in plastic and then bought and sold like any other commercial product.

But, he notes, that time is now gone, thanks in large part to the internet. But that doesn't mean the music business is in trouble. Just the business of selling recorded music. But there's lots of things musicians can sell. He highlights Corey Smith and Smith's ability to make millions by giving away his music for free, and then touring. But he also points out that touring isn't for everyone. He covers how corporate licensing has become a bigger and bigger opportunity for bands that are getting popular. While he doesn't highlight the specific economics of it, what he's really talking about is that if your band is big, you can sell your fan's attention -- which is something Ok Go has done successfully by getting corporate sponsorship of their videos. As he notes, the sponsors provide more money than the record labels with many fewer strings:

These days, money coming from a record label often comes with more embedded creative restrictions than the marketing dollars of other industries. A record label typically measures success in number of records sold. Outside sponsors, by contrast, tend to take a broader view of success. The measuring stick could be mentions in the press, traffic to a website, email addresses collected or views of online videos. Artists have meaningful, direct, and emotional access to our fans, and at a time when capturing the public's attention is increasingly difficult for the army of competing marketers, that access is a big asset.



...



Now when we need funding for a large project, we look for a sponsor. A couple weeks ago, my band held an eight-mile musical street parade through Los Angeles, courtesy of Range Rover. They brought no cars, signage or branding; they just asked that we credit them in the documentation of it. A few weeks earlier, we released a music video made in partnership with Samsung, and in February, one was underwritten by State Farm.



We had complete creative control in the productions. At the end of each clip we thanked the company involved, and genuinely, because we truly are thankful. We got the money we needed to make what we want, our fans enjoyed our videos for free, and our corporate Medicis got what their marketing departments were after: millions of eyes and goodwill from our fans. While most bands struggle to wrestle modest video budgets from labels that see videos as loss leaders, ours wind up making us a profit.

Of course, that only works if you have a big enough fanbase, but that doesn't mean there aren't things that less well known bands can use to make money as well. He talks about an up-and-coming band in LA that doesn't even have a manager that was able make money:

The unsigned and unmanaged Los Angeles band Killola toured last summer and offered deluxe USB packages that included full albums, live recordings and access to two future private online concerts for $40 per piece. Killola grossed $18,000 and wound up in the black for their tour. Mr. Donnelly says, "I can't imagine they'll be ordering their yacht anytime soon, but traditionally bands at that point in their careers aren't even breaking even on tour."

The point, Kulash, notes, is that there's a lot of things a band can sell, focusing on "selling themselves." And, the thing he doesn't mention is that, when you're focusing on selling the overall experience that is "you" as a musician or a band, it's something that can't be freely copied. People can copy the music all they want, but they can't copy you. "You" are a scarce good that can't be "pirated." That's exactly what more and more musicians are figuring out these days, and it's helping to make many more artists profitable. And, no, it doesn't mean that any artist can make money. But it certainly looks like any artist that understands this can do a hell of a lot better than they would have otherwise, if they just relied on the old way of making money in the music business.



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(Editor’s note: Charley Polachi is a partner at Polachi, an executive recruiting firm. He submitted this story to VentureBeat.)


2010 is winding down rapidly with all indications that the worst is behind us – hopefully. At the very least, that’s the sentiment of many of the executives we deal with.


As we gave forward into 2011, we queried several of our executive search partners around the world to get their input on what they see happening in their back yards and what they anticipate for the year to come. Here’s what they had to say:


Sean Carroll, Polachi (NYC)

“If there is any meaningful uptick in the economy, good talent that may be on the sidelines will be gone and entrepreneurs will have a tough time hiring on their own.  Also, I suspect there will be a strong M&A market as we’ve seen with Netezza, Unica, Coremetrics, etc.  Corporations have lots of cash and will buy at the right price.”


“Lastly, as entrepreneurs pioneer innovative solutions, there will always be a shortage of skills as the experience or domain does not exist yet.  A good example is SEO products.  Automating SEO is an interesting problem to solve but there are only a few young product companies, so the only place to get SEO experience is the agencies…no SaaS or product experience there.  Entrepreneurs need to make bets that talent can step up in a new sector.”


Andy Price, Schweichler, Price, Mullarkey and Barry (Silicon Valley)

“My view is that the talent pool is getting snapped up pretty fast and once again we’re seeing a very competitive landscape for people.  We’re competing against two forces: Other companies recruiting, and inertia driven by either risk aversion or someone’s low priced options are suddenly in the money and they’re inclined to take risk off the table.  That said, people believe startups have a chance again so they’re willing to talk to you.  Closing people is the hard part right now.”


Steve Lavelle, Gillamor Stephens (London)

“In Europe, access to the talent pool is there, provided the company’s proposition is compelling enough. Closing candidates can be challenging though and having been through the low point of hiring activity, it’s only going to heat up as we move into next year.”


Sal Rocco, Stonewood Group (Toronto)

“We are seeing more product development, engineering-oriented searches than in the past 2-3 years.  The only thing we can attribute this to is that when the market tanked and companies were cash strapped, the focus was on revenue generation and selling what we had.  They gutted costly product development and engineering teams.  The thought was: Don’t worry about new product development because we may not be alive in 2-3 years if we don’t get cash today.


“To the extent they were doing searches in the past 2-3 years, the searches were on either outward looking sales & marketing types focused on making money or CFOs/Finance types focused on raising cash or slowing the bleed. Today, as the future looks brighter and companies realize that their products are dated, they need to hire engineering leads and product development types, which they were laying off over the past 2-3 years.”


So, for 2011 the future looks fairly bright. VCs are investing and companies are hiring.  A few things entrepreneurs can expect to see and look out for are the following:



  • Senior talent is getting scarce again

  • Social media works for staffing at many levels, but not at the executive level

  • Cleantech continues to march on – and more opportunities will be there for investors

  • Venture capital is emerging from a difficult stretch, but there is money for good ideas and strong teams in mobile applications, gaming and health care IT

  • Candidates want cash and equity.

  • Acquisitions will provide the bulk of exits in 2011; the IPO market isn’t here yet.


Next Story: Verizon iPad 2 to join the Verizon iPhone in 2011? Previous Story: Computer platforms with the biggest buzz will be the biggest malware targets in 2011




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