Jan
30
2009
As nice as it is to see anyone bring this up, but the President chastising Wall St. CEOs over their extravagant bonuses is sort of like chastising Yao Ming for being tall. Greed and selfishness are as much a part of them as dunking without having to jump is to Yao.
I did, however, get a laugh out of an interview this morning on NBC’s Today, where some analyst was listing out Wall St.‘s arguments in favor of the bonuses. She mentioned that they would claim that the bonuses are necessary to keep top talent. Apparently, they’re unable to read the Dow or the newspapers (or the web or talk to anyone not in their immediate vicinity but I digress). It’s “top talent” that’s gotten us into the horrible mess, the best thing they could do would be to let them go and replace them with anyone else. It’s hard to imagine they could do a worse job.
Comments Off | posted in Fail, Funny, News
Jan
30
2009
In a way, you have to hand it to the Rochester Rhinos. Not only did they manage to convince people that they needed their own stadium (they didn’t) and that building it in one of the most decrepit neighborhoods in the city was a great way to attract fans from the suburbs (it wasn’t), but now they’ve managed to get a $4 million state grant for luxury suites from a state mired in serious financial issues.
Think about, the stadium that no one wanted, in a place no one wants to go will now have luxury suites for those wealthy fans who won’t come to the stadium without an armed guard. And they used state money to do it.
And I’d be remiss in not mentioning the Rochester Fiasco Connection™: The stadium was once named for PAETEC, the telecom company that was going to build a 30-story office on the site of Midtown Plaza but due to declining business is now maybe only building a 10-story office.
Comments Off | posted in Fail, News, Rochester
Jan
29
2009
Yes I know that the House GOP members all refused to vote for the stimulus bill because it lacked tax cuts. But let’s be honest with ourselves, tax cuts don’t help you if you don’t have a job. And right now, that means millions of people (with the ranks of the suddenly unemployed increasing by tens of thousands every day).
Comments Off | posted in Fail, Government, Politics
Jan
28
2009
‘Last One Out, Please Turn On the Light’ — Richard Nicholson surveys the remaining professional darkrooms in London. Film is not dead, but it’s certainly become a niche market.
1 comment | posted in Photography
Jan
28
2009
Did you know that the US Supreme Court actually ruled in 1972 that algorithms could not be patented? Unfortunately, it wasn’t their only ruling on software patents. In 1981’s Diamond v. Diehr, the Supreme Court considered a patent on a software-controlled rubber-curing machine. This time, the Supreme Court allowed the patent in a 5 – 4 decision. It was this last ruling that opened the floodgates on software patents. However, it’s likely that the present court will take a strong stance against software patents, having begun to overturn Federal Circuit Court rulings back in 2006. This could mean the beginning of the end for software patents and the trolls who exist only to extort money from true innovators.
Comments Off | posted in Fail, Government, Patents