Saturday, March 20, 2010

EU bank wind-up good idea for US in modified form

According to the Ethiopian Review The European Union's considering an idea that would have banks pay for a future crisis by paying into an emergency wind-up fund. While the United States has the FDIC, lacking still is a permanent bailout fund for banks. But the rub is the notion that banks would use the fund as an excuse for the same reckless policies that in part created the climate for the bank bailout.

The idea's a good one, but in a modified form. Since one problem tied to bank failure is a reduction in lending, a fund should be created to give money to community banks that would be used for consumer lending.

What's missing in the evaluation of the American banking problem is that disinvestment in the economy due to offshoring of plant and offices caused bank failure; the need is to keep a reserve that assures money will be pumped into the economy even during a crisis.

Another step should be to have some kind of automatic taxpayer assistance program that kicks in whenever unemployment reaches levels over 10 percent. The consideration here is that consumer demand drives jobs growth and so must be maintained.

Arthur Sulzberger Jr. note: Zennie62 gains 300,000 visitors in one day

Over the years, the New York Times' Arthur Sulzberger Jr. has openly complained about Google's influence on media rather than do much to use the Google search system to the New York Times' advantage.

While giving the keynote speech at the 2008 Webby Awards and while talking about the Internet, Sulzberger said "Google has become a vast content distribution system; a massive editorial filter", but did not explain how the NY times was working with Google. And while his view of Google has transformed from competitor, to potential buyer, to partner, only within the last week has Sulzberger said the media must work with Google.

The same isn't true for News Corporation's Rupert Murdoch, who once threatened to pull all of his publications from Google, a move that would have the same impact on Google as a gnat bitting an elephant.

And when they've not complained, they've issued insults at Google employees. Take Robert Thompson saying that Google's Marrisa Mayer "unintentionally encourages promiscuity" at Web 2.0 Summit in San Francisco last year (in this video at the 7:20 mark):



Arthur Sulzberger Jr. and Rupert Murdoch (as well as Tina Brown and Arianna Huffington, John Battelle of Federated Media, members of AdAge.com, Robert Thomson of The Wall Street Journal, and media companies like Starcom and PR companies like Spark) take note: Zennie62 gained almost 300,000 visitors in one day on SFGate.com on Thursday, March 18th. It happened with just seven blog posts and while this blogger who did it will not go into the specific technics of what is a systems approach to blogging, it did work and it's worked before.

Zennie62 - eh, this blogger - has drawn over 1 million visitors to SFGate.com each month since November of 2009. That's a five month unbroken string, with the best month to date being December, with over 2 million visitors. And the systems approach to blogging was developed and used all during that time.

Many publishers do not have a systems approach to the production of media content. It's more than just a trend page or a traffic report, and its a massive sensitivity to time. But beyond that, what I've learned is the window of life for news, what used to be called the 24-hour cycle, has now shrank to just 20 minutes.

On the average, it takes a hot news item 20 minutes to remain at the top most place on any real time search tracking system before it drops to number two place, or some where below number one. Rare is the story that takes the number one position and sits there. Tiger Woods was the one story that did, The Haiti Earthquake story, and the Sandra Bullock story did for all of one day.

And even when stories take that position, many publishers don't know what to do. They use old media approaches to deal with the top story, get their one article out, and that's it. And many don't know how to blog or understand the difference between blogging and journalism. Sorry to say, but what is learned in journalism school is totally antithetical to the demands of the 21st Century media market. The J-school must be restructured to address the new industry.

To close, Arthur Sulzberger Jr and Rupert Murdock should stop complaining about Google and be smart enough to work within Google. If Google's used correctly, it can be your friend.

Oakland ordinance to set-aside campaign aide money hurts Libby Schaaf

A City of Oakland, California ordinance that would set-aside public campaign money and transfer it to what is called voter education about the new ranked choice voting system was delayed by the Oakland City Council last week. That's excellent. Really, there's no need for an ordinance that is really just a power-grab on the part of incumbent Oakland politicians.

The proposal, if it were implemented, would eliminate public financing for Oakland City Council elections. Think about that. The idea launched by Oakland Councilmember Ignacio De La Fuente (District 5) and by Oakland Councilmember Rebecca Kaplan (At-Large) would take election assistance money away from potential new political threats running for office - like Libby Schaaf who's running for Oakland Councilmember Jean Quan's seat in District 4 - and give it to a program that can be done for less than $225,000: educating voters about ranked-choice voting.

It does not take a quarter of a million dollars to do that and proves the people writing the ordinance didn't think in terms of using New Media, just creating a justification for starting a process that benefits their desires. Its not that educating voters about ranked-choice voting isn't important, it its. But the transfer of money from a program that helps create new political candidates to challenge the current ones is really just a power grab.

The last time Oakland's "Limited Public Financing" program was used was in the District Two special election in 2005. In that case, six candidates got a total of $28,347 in matching funds.

The program calls for candidates to get mandatory campaign training. That's perfect for any first-time candidate running for office. But it's also terrible for any incumbent who doesn't want the candidate to have a fighting chance. The ordinance doens't just harm Libby Schaaf - I use my friend as one example - but anyone running for office in any election in the City of Oakland.

Let's take first time mayoral candidate and Green Party member Don Macleay. The Oakland Limited Public Financing program would certainly help Don Macleay's election efforts and give him more of a chance against more seasoned politicians like Don Perata, Oakland Mayor Ron Dellums, and Oakland Councilmember Rebecca Kaplan.

Moreover, the Oakland "Limited Public Financing" program would help any Oaklander who's interested in running for office. In fact, it's a good system to maintain as incentive for those who think they can't afford to run for elected office, but want to do so.

Leave the Oakland "Limited Public Financing" program alone. Let the new political candidates have a fair shot at change.

Stay tuned.

Michelle "Bombshell" McGee Nazi picts hot; paid $30,000 for story

Related searches: michelle mcgee, jesse james, sandra bullock, michelle bombshell mcgee pics, michelle mcgee photos, michelle mcgee pictures, michelle mcgee nazi photos, TMZ michelle mcgee, zennie sandra jesse, Forest Whitaker, Repo man

Not surprisingly, Michelle "Bombshell" McGee Nazi picts are now the hot search. But equally hot is this news: according to Technorati.com, which seems to be moving toward news blog site from blog directory site, Michelle "Bombshell" McGee was paid "close to $30,000" by In Touch Magazine for the Jesse James affair story.

The news caused Academy Award-winning actress Sandra Bullock (The Blind Side) to split from Jesse James, reportedly moving out of their home last Monday. Here's the video story:



Dawn Olsen over at Technorati asserts that the tatoo-covered Michelle "Bombshell" McGee also lied about her claim that she didn't know Jesse James was still married to Sandra Bullock. Olsen writes:

Our source tells us McGee was fully aware that Sandra and Jesse were still together when she began the affair, and was hoping the affair would be her ticket to "mainstream celebrity."

Well, that's what Michelle "Bombshell" McGee has. But today, her name's associated with the word "Nazi." "Michelle "Bombshell" McGee Nazi" is all over the place, and unless she is OK with that, she should make some kind of statement that she's not.

Michelle "Bombshell" McGee as Nazi is also not good for the image of Sandra Bullock's husband Jesse James.   How far does one take a "bad boy" image?

The question still not answered is did Jesse James know about her Nazi picts and her work with the "Angry White Boy" website?

 Moreover, with his alleged affair with Michelle "Bombshell" McGee, is Jesse James also an "Angry White Boy"? Who is the real Jesse James?

Stay tuned.

Ivanka Trump Fan Blog v. Madonna and Jennifer Lopez fan blogs

A young man, 27-year-old Justin Massler, who's the author of the Ivanka Trump Fan Blog was arrested in Reno, Tuesday, and on an arrest warrant issued in New York City, according to the SFGate Daily Dish, and for essentially allegedly stalking Trump via his blog.

A number of Internet commenters have taken issue with what appears to be a heavy-handed action on the part of New York law enforcement. With that in mind this blogger compared Justin Massler's Ivanka Trump Fan Blog with two other fan blogs: Madonna Fan Blog and Jennifer Lopez Fan Blog. The comparison is striking and worth review.

The main problem - really the only one - is that the Ivanka Trump Fan Blog is written more from the perspective of a local boy who has a school boy crush on the rich girl. Justin Massler reportedly lives in New York City, where Ivanka Trump (the daughter of real estate developer and host of The Apprentice TV Series Donald Trump) also lives.

But where it gets interesting, and this blogger can see red flags going up for those who are not Intenet and New Media savvy, is when Massler posts a blog entry with a photo of the view from Ivanka Trumps' office, as if he's been there. Reportedly, he's never met Trump, so that photo is all the more chilling to those who don't know about Twitter photo services.

If the New York DA's Office based its arrest warrant on this Twitter photo, they made a huge, huge mistake. Massler reports the photo was placed there online by Ivanka Trump herself, not Massler. She uses an online service called Twitpic and Trump's on Twitter @IvankaTrump.

What's interesting is the photo on his blog site is not on Trumps' Twitpic page. But Ivanka does have another photo of a view from her office on the page. This photo:

Central Park as seen from my office... on Twitpic

That photo was posted by Ivanka Trump. I think New York's DA Office made a mistake and believed Massler himself took the photo.  Moreover, this error has been repeated by some news websites that also don't know what they're looking at.

And, I will go a step beyond that and say the New York DA's office does not understand how to evaluate what Internet software was used when or why in any case.  They're not tech savvy from this blogger's view, and that's a terrible and dangerous thing to be in their line of work.

Ivanka Trump has a number of photos on her Twitpic, but the fact the one on Massler's blog is not on her Twipic page all of a sudden is fishy.  Really fishy.  

Think about it.  If the same photo were found on Ivanka Trump's Twitpic site, it would all but destroy the New York DA's case against Justin Massler.   My opinion: either she took it down or someone, perhaps her lawyer, instructed her to do so.    I'm willing to bet I'm right.   I'm also willing to bet Massler's no threat to Ivanka Trump.

Ivanka Trump 
Ivanka Trump's fan blogger Justin Massler never expresses a desire to date Trump or really be close to her in the blog posts that are present. While other blog posts were reportedly removed, we don't know the contents of them.

That written, even with its expressions of admiration and humorous wondering about what Ivanka Trump thinks, the blog does not obviously violate this section of New York Stalking Law:





New York Stalking Law (excerpt):
3. With intent to harass, annoy or alarm a specific person, intentionally engages in a course of conduct directed at such person which is likely to cause such person to reasonably fear physical injury or serious physical injury, the commission of a sex offense against, or the kidnaping, unlawful imprisonment or death of such person or a member of such person's immediate family (http://www.esia.net/State_Stalking_Laws.htm)


Still, it's not the normal fan blog. The Madonna and Jennifer Lopez fan blogs consist of news about Madonna and Jennifer Lopez, or "J-Lo". There's nothing of the kind of intimate diary-style blogging that appears on Justin Massler's site. But again, there's nothing on Massler's site to indicate any level of harm would even come to Ivanka Trump.

What's missing here is a middle ground. New York's District Attorney should have arranged for Justin Massler to be warned and instructed what constitutes a fan site that's not threatening from the subject's point of view.  But for the NYDA's Office to even think of doing that calls for a level of Internet sophistication that office does not have (but needs to have).

Justin Massler should have been told to use his real name on the blog; that would have prevented him from running up against Federal Internet Stalking charges. The action taken against Massler seem heavy-handed given that the blog's not threatening in its presentation of Ivanka Trump.

Justin Massler comes off like a guy who's down on his luck and has picked Ivanka Trump as his muse. Maybe Ivanka Trump doesn't want a guy that's homeless and mentally ill (as his mother claims) as her muse, but that doesn't mean he's going to harm her.

For his part, Justin Massler's better off keeping his most intimate thoughts about Ivanka Trump confined to a private diary. But in the age of blogging, Massler didn't know this, and no one told him.  Until now and this is most indirect.

For its part, The New York DA's Office needs to really get an education in New Media and Social Networks.  As we move further into the 21st Century, such knowledge will serve it well and it will not make mistakes in evaluating what is seen online.

Friday, March 19, 2010

NCAA Tournament: Cal clobbers Louisville, shocks President Obama

Related searches: cal basketball, louisville basketball, ncaa final four, ncaa march madness, cal v. duke, duke blue devils basketball



The University of California beat The Louisville Cardinals in an upset in the NCAA Tournament, 77 to 62. Cal clobbered Louisville, never once trailing in the contest played in Jacksonville. And in the process, had to shock President Barack Obama, who didn't even think twice in picking Louisville over Cal.

The win also slam-dunked the blog of New York Times College Basketball bloggger Pete Thamel, who last Monday questioned why Cal was even matched up against the Louisville Cardinals, and their supposedly superior bench.

Here's the CBS Sports video recap:

Louisville was supposed to be the more physical team, but Cal's Head Coach Mike Montgomery designed a game plan that never allowed Head Coach Rick Pitino's Terrence Jennings and Samardo Samuels to get going. Cal's Jerome Randle, Jorge Gutierrez, Theo Robertson, and Patrick Christopher, played to smother and outscore the Cardinals' big men.



But, as in any NCAA Tournament game, contests like this come down to a few moments. In this one there were two primary ones: Cal's Jerome Randle, hitting a long-distance three-pointer with just 3.7 seconds to end the first half, and the dual penalties of an intentional foul and a technical foul on Louisville's Pitino with just over 2 minutes to go. That second moment allowed Cal to increase its lead to 16 and salt the game away.

Now Cal plays top seed Duke this Sunday. Meanwhile, ESPN and the NY Times just can't believe what's happening to The Big East. Both Pac-10 teams Cal and the Washington Huskies, which beat Marquette the previous night, were not favored and made fun of by the East Coast press.

Who's laughing now? President Obama, pick Cal over Duke. Yes, we know about your long-time aide Reggie Love's love for Duke, but you're better off picking Cal.

GO BEARS!

Sandra Bullock and Jesse James split: Mistress' Nazi Swastika photos



Related searches: michelle mcgee, jesse james, sandra bullock, michelle bombshell mcgee pics, michelle mcgee photos, michelle mcgee pictures, michelle mcgee nazi photos, TMZ michelle mcgee, zennie sandra jesse, Forest Whitaker, Repo man

This sandra bullock and jesse james split update is unfortunate for everyone involved.

TMZ.com reports today, Friday, that Michelle "Bombshell" Mcgee, Jesse James' alleged mistress, had photos taken of her wearing what is a Nazi bikini complete with a Swastika arm band, causing many to wonder if she's a White Supremacist. Moreover, the photos were apparently presented to TMZ by Ms. McGee's ex-husband.

The photos were taken over a year ago. One of them has Michelle "Bombshell" Mcgee licking a long knife (you can see this in the video) and the other posing with a long rifle of some kind. Did Jesse James know about this? What does Jesse James think of this? Moreover, what does Sandra Bullock think about this, after the split?

Is Michelle "Bombshell" Mcgee a White Supremacist?

This must be particularly hard for Sandra Bullock, who has good friends of color and was introduced as the Best Actress Nominee at The Oscars by Repo Man star Forest Whitaker, a friend, one of the finest actors of the modern age, and an Oscar-winner who happens to be black.

For her part, the porn star Michelle Mcgee says through a source that she's not a Nazi in the TMZ michelle mcgee update. But both Michelle Mcgee's ex-husband and her MySpace page tell a different story. Her ex told In Touch that the "W" and "P" tatoos on her legs don't stand for "White Power" but "W---- P----y". How appropriate.

If that's the case, how does Michelle Mcgee explain the message from the person who's from the "Angry White Boy" website on her MySpace page?  Or how about the Angry White Boy modeling and her being called an "Angry White Girl?"    

For her part, Michelle herself has not addressed this issue of the Nazi Photos or Angry-anything, but she has made tweets on Twitter @MichelleSinai that seem to give her view of the affair, referring to herself in the third-person (and the Twitter account is posted on the MySpace page, so it does belong to Michelle Mcgee):



I find it typical and pathetic that people are crucifying @MichelleSinai when she never promised anyone to be faithful. (via @avflox)
about 6 hours ago via Twitterrific


Michelle McGee seems more concerned about ice cream and not Sandra Bullock:



I really want some Ben and jerrys half baked ice cream.. Yummy!!
about 19 hours ago via Twitterrific


And of course, McGee has the expected porn-related tweet:



@CaptainAwessome The average titty weighs 3.3 lbs. Not sure about the average pussy, jump on a scale and call me back.
about 1 hours ago via Twitterrific in reply to CaptainAwessome

The average titty weighs 3.3 lbs. Not sure about the average pussy, jump on a scale and let me know.
about 2 hours ago via Twitterrific


And Jesse James went for her over Sandra Bullock? This has nothing to do with an Oscar Curse, and everything to do with male fears of a powerful woman. I think Sean Young was right about Hollywood as she stated in my video at The Night of 100 Stars Oscar Party:



It's a man's World there in Hollywood, so much so that some husbands of actresses like Oscar winners Sandra Bullock and Kate Winslet seemed threatened by them. But that's my view.

Stay tuned.