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Dana Blankenhorn

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Latest  |  Highest rated
  • Apple Sells A 2 Headed Vision [View article]
    Then I apologize, my friend. Of course corporations aren't people. I have yet to hear of Rick Perry executing a corporation.
    May 25 02:53 PM | Likes Like |Link to Comment
  • Buffett Is Wrong About Free News [View article]
    I think that may be a record, though...funny how when an active Republican is mentioned here no one seems to think their politics motivate their business actions.

    Some consider Buffett a traitor to his class. Like FDR. (Which is in itself hysterical given his father Howard --- http://bit.ly/wYMj5P)
    May 25 02:52 PM | 1 Like Like |Link to Comment
  • The Current U.S. Stock Market Collapse Makes No Sense [View article]
    The Federal Reserve was created by an act of congress in 1913 http://bit.ly/sa8qXb after several financial panics and amended in the 1930s to add a Federal Open Market Committee http://bit.ly/KLQnvJ after the 1929 panic. It's part of the federal government and its function can be amended again by Act of Congress.

    It's not private. But it's designed to be autonomous.
    May 25 01:29 PM | 2 Likes Like |Link to Comment
  • Buffett Is Wrong About Free News [View article]
    It only works if you can become the primary destination for your designated market, and the primary advocate for the businesses within that market. Prove your efficacy to the businesses and they become your advertisers. Then just expand mind share with value-add services.
    May 25 01:23 PM | Likes Like |Link to Comment
  • Is Yahoo Setting Itself Up For Sale With Axis? [View article]
    Decisions to release major product is made by top management.
    May 25 01:21 PM | Likes Like |Link to Comment
  • The Housing Recovery: An Update [View article]
    Didn't vote for it. It was a Republican proposal taken in a time of war. I would have voted against it.

    But what I think of a particular law has nothing to do with the issue at hand, namely, whether there is anything called a police function. There is. And we need government employees to do it. We need laws, and government to define them.

    Regulations -- even complex financial regulations -- are just laws. And the people who enforce laws are cops. The fact that "regulators" don't put people in jail is of benefit to the regulated, and that's a benefit they should be willing to pay for, assuming cops are doing their duty.
    May 25 11:34 AM | Likes Like |Link to Comment
  • Is Yahoo Setting Itself Up For Sale With Axis? [View article]
    Interesting. You think Facebook will still be in business at the end of the summer? <g>
    May 25 11:32 AM | Likes Like |Link to Comment
  • Buffett Is Wrong About Free News [View article]
    Unless you got your papers directly from the printing plant, the papers you delivered got to you for delivery. Maybe on a truck? That used gas? And had a driver?

    And cost money.

    Please explain what the "news" business is. I've been a journalist for 35 years, and I know what I was taught at Northwestern back then. But maybe you know more.
    May 25 11:31 AM | 2 Likes Like |Link to Comment
  • The Housing Recovery: An Update [View article]
    All regulators are cops. All cops work for government. You can argue about how many cops you want -- how soft on crime you wish to be, or how hard -- but denying the basic fact that government must protect its citizens from crime is ideology brought to the height of stupidity.
    May 25 11:15 AM | Likes Like |Link to Comment
  • The Good News In The Big Lots Miss [View article]
    Bet the horse and not the jockey. I think we learned that with JCP. But if you want to bet the jockey, be my guess. It worked in the Kentucky Derby.
    May 25 11:13 AM | Likes Like |Link to Comment
  • Buffett Is Wrong About Free News [View article]
    Newspapers are built for advertising. Period, end of sentence. The advertising is based, not on the content, but on the audience reached by the newspaper. When a newspaper deliberately kills most of its audience, by hiding behind a paywall, it may get a higher CPM but its reach of necessity goes down.

    People advertise in any medium in order to reach markets. They want to know that their ad is hitting the target, otherwise it makes no sense. When you hide behind a paywall and can only bring in a small portion of the total audience you become of much less interest to any advertiser.

    That's not to say that registration walls, that collecting information on readers, that even excluding some readers because they're not in your target market, is senseless. Just that by defining your readership as "those that pay" is clueless.
    May 25 11:06 AM | 2 Likes Like |Link to Comment
  • The Current U.S. Stock Market Collapse Makes No Sense [View article]
    That is absolute, complete ideological nonsense. Europe's financial woes are, in fact, far less than those we went through under the last Administration. Their debts are much smaller than ours.

    Socialism, in other words, has nothing to do with it.
    May 25 09:38 AM | 1 Like Like |Link to Comment
  • The Current U.S. Stock Market Collapse Makes No Sense [View article]
    I think the Administration should lead banks to a break-up and separation between money that the government protects and that which can go to the casino.

    But I also don't ignore the fact of how we got into this mess. You might want to sweep that under the rug, but I'll never forget it. And neither should anyone else. It should make them suspicious of anyone proposing easy solutions to anything.
    May 25 09:37 AM | 1 Like Like |Link to Comment
  • The Housing Recovery: An Update [View article]
    You have no idea what you're talking about. Regulators are cops. Cops are government employees. You're basically claiming law enforcement can't be done.
    May 25 09:35 AM | Likes Like |Link to Comment
  • The Housing Recovery: An Update [View article]
    Oh please. It's not extremism for me not to want my government-protected funds taken to the casino and bet on red. That's all Dodd-Frank is, simple regulation aimed at prevention of mass upheaval.

    I know you hate regulation, but the only alternative to regulation is throwing people in jail after people get killed. Mass executions of Wall Street banksters on the steps of the Post Office. Might concentrate the mind, but it won't help the economy.
    May 25 09:00 AM | 1 Like Like |Link to Comment
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