I'm sure alot of their talent is also looking for the next hot thing to hop over to now as well ...
They gonna have to find someway to reinvent themselves beyond just to social media thing ... It's just a very difficult thing to monetize .... Zuck should not be their CEO for this stage of their development ... But I guess it's his baby so be it ...
Blueseed's start-up ship to steer past US immigration laws
A Silicon Valley start-up called Blueseed wants to convert a cruise ship into a floating centre for foreign workers who cannot get visas to work in the US.
The ship would sit in international waters roughly 12 miles (20 kilometres) off the California coast in order to bring foreign entrepreneurs closer to the technology capital.
Blueseed president Dario Mutabdzija says ferries will take the heads of the small companies back and forth each day to attend meetings on land with venture capitalists.
More than 700 start-ups have expressed an interest in working from the boat, which will also offer housing and recreational services.
Mr Mutabdzija says the idea for the vessel was conceived because of the difficulty entrepreneurs face when trying to obtain B-1 US business visitor visas.
The BBC's Matt Danzico took to the water to find out more.
http://www.bbc.co.uk/news/magazine-18327493
A Silicon Valley start-up called Blueseed wants to convert a cruise ship into a floating centre for foreign workers who cannot get visas to work in the US.
The ship would sit in international waters roughly 12 miles (20 kilometres) off the California coast in order to bring foreign entrepreneurs closer to the technology capital.
Blueseed president Dario Mutabdzija says ferries will take the heads of the small companies back and forth each day to attend meetings on land with venture capitalists.
More than 700 start-ups have expressed an interest in working from the boat, which will also offer housing and recreational services.
Mr Mutabdzija says the idea for the vessel was conceived because of the difficulty entrepreneurs face when trying to obtain B-1 US business visitor visas.
The BBC's Matt Danzico took to the water to find out more.
http://www.bbc.co.uk/news/magazine-18327493
We all arent sharp like you chop and can nail every top and bottom knowing how to navigate the robot/rigged interventionism environment
did not mean it to sound that way.
Good thing for the us as a whole IMO
Immigration in this country has gone to complete shit since 9/11
Let the uneducated/poor guys who illegally come here get away with murder ... While educated people with money etc get the finger as its become a major pain in the arse to legally immigrate
Sometimes I think "they" are trying to destroy the american middle class and America as a whole... With the goal of turning the US into Mexico north with monopoly filth like Carlos slim über wealthy while most are mired in poverty
Immigration in this country has gone to complete shit since 9/11
Let the uneducated/poor guys who illegally come here get away with murder ... While educated people with money etc get the finger as its become a major pain in the arse to legally immigrate
Sometimes I think "they" are trying to destroy the american middle class and America as a whole... With the goal of turning the US into Mexico north with monopoly filth like Carlos slim über wealthy while most are mired in poverty
Blueseed's start-up ship to steer past US immigration laws
A Silicon Valley start-up called Blueseed wants to convert a cruise ship into a floating centre for foreign workers who cannot get visas to work in the US.
The ship would sit in international waters roughly 12 miles (20 kilometres) off the California coast in order to bring foreign entrepreneurs closer to the technology capital.
Blueseed president Dario Mutabdzija says ferries will take the heads of the small companies back and forth each day to attend meetings on land with venture capitalists.
More than 700 start-ups have expressed an interest in working from the boat, which will also offer housing and recreational services.
Mr Mutabdzija says the idea for the vessel was conceived because of the difficulty entrepreneurs face when trying to obtain B-1 US business visitor visas.
The BBC's Matt Danzico took to the water to find out more.
http://www.bbc.co.uk/news/magazine-18327493
Busy schedule for central bankers this week
Super Mario's meeting today, expecting to leave rate unchanged, this dude could surprise the market, he did it twice last year.
Bernanke's bitch Yellen speaking today, market will watch her closely
Bernanke's testimony tomorrow.
Bump away..............
Super Mario's meeting today, expecting to leave rate unchanged, this dude could surprise the market, he did it twice last year.
Bernanke's bitch Yellen speaking today, market will watch her closely
Bernanke's testimony tomorrow.
Bump away..............
I'm not so sure anymore jdog ... Eek has a solid simple point but ...
If they don't manage to hold this together for 5 more months hes likely in deep trouble
I know your a big believer in "they" but why would they care if Obama or mitt in they got their 2 status quo'd up there doesnt matter... If anything the thing that freightens "them" the most is the growing libertarian streak in the GOP
If mitt wins that pushes the date someone like rand can give it a shot back to 2020 ... Vs 2016 if Obama wins
And 4 more years of Obama and a general election loss with the regular party line candidate could make GOP more ripe for a coup against the establishment ... Ron Paul types already quietly taking up key positions in many of state GOP .. As well as some congressional positions
Anywho good luck
If they don't manage to hold this together for 5 more months hes likely in deep trouble
I know your a big believer in "they" but why would they care if Obama or mitt in they got their 2 status quo'd up there doesnt matter... If anything the thing that freightens "them" the most is the growing libertarian streak in the GOP
If mitt wins that pushes the date someone like rand can give it a shot back to 2020 ... Vs 2016 if Obama wins
And 4 more years of Obama and a general election loss with the regular party line candidate could make GOP more ripe for a coup against the establishment ... Ron Paul types already quietly taking up key positions in many of state GOP .. As well as some congressional positions
Anywho good luck
More like bears are volitile
Who knows maybe more QE will "save" us again ... I doubt it... Think globally economy needs china to pull out a shock and awe stimulus of some sort to keep this thing afloat regardless of what west does on printing front...
We were due for a bounce especially in things like oil that have been getting creamed ...
Targeting 1340 or thereabouts to hop back in short guns a blazing position
Who knows maybe more QE will "save" us again ... I doubt it... Think globally economy needs china to pull out a shock and awe stimulus of some sort to keep this thing afloat regardless of what west does on printing front...
We were due for a bounce especially in things like oil that have been getting creamed ...
Targeting 1340 or thereabouts to hop back in short guns a blazing position
Also another problem beyond the printing/stimulus issues is that one thing that has helped the markets the past 3 years is corporate margins and productivity (mainly done by cutting out the unnecessary meat/jobs and making those still with a job more productive). They have pretty much pushed the bounds of tht as far as they could. One random example went to target at like 7pm the other night were probably 50 cars in parking lot, and they only had one cashier working, of line got too long you could go over to customer service desk ...
----------------
US productivity revised to 0.9% decline in first quarter, sharper fall than initially estimated
Last Updated: 9:52 AM, June 6, 2012
WASHINGTON -- The productivity of US workers and businesses fell more sharply in the first quarter of 2012 than originally estimated, as output was revised lower and hours worked rose slightly faster, the Labor Department said Wednesday.
Productivity dropped 0.9 percent in the first three months of the year, compared to an initial estimate of a 0.5 percent decline.
Economists surveyed by MarketWatch projected a revised 0.8 percent decrease.
Output -- the amount of goods and services produced -- was revised down to a 2.4 percent increase from 2.7 percent.
The increase in hours worked was revised up to 3.3 percent from 3.2 percent. As a result, unit labor costs climbed 1.3 percent in the first quarter instead of the two percent originally reported.
----------------
US productivity revised to 0.9% decline in first quarter, sharper fall than initially estimated
Last Updated: 9:52 AM, June 6, 2012
WASHINGTON -- The productivity of US workers and businesses fell more sharply in the first quarter of 2012 than originally estimated, as output was revised lower and hours worked rose slightly faster, the Labor Department said Wednesday.
Productivity dropped 0.9 percent in the first three months of the year, compared to an initial estimate of a 0.5 percent decline.
Economists surveyed by MarketWatch projected a revised 0.8 percent decrease.
Output -- the amount of goods and services produced -- was revised down to a 2.4 percent increase from 2.7 percent.
The increase in hours worked was revised up to 3.3 percent from 3.2 percent. As a result, unit labor costs climbed 1.3 percent in the first quarter instead of the two percent originally reported.
He beat tricky dicky in the first ever televised presidential stuff and got the vote on the day
He didn't last long though
A US President is either a Baptist/Methodist/Presbyterian/Quaker
Any protestant denomination
Catholics... mormons... not really
Jefferson was the only "Anglican" and he wasn't a serious one
2 cents
Yellen Argues for More Fed Easing, Cites Europe Risk
Published: Wednesday, 6 Jun 2012 | 8:14 PM ET
By: Reuters
Federal Reserve Vice Chair Janet Yellen on Wednesday laid out the case for the U.S. central bank to ease monetary conditions further to shield a fragile economy as financial turmoil in Europe mounts.
Yellen's views carry great weight with Fed Chairman Ben Bernanke, and her comments suggest the Fed may be close to taking more easing steps this month in response to ongoing housing problems, a weak jobs market and the escalating euro zone crisis.
"There are a number of significant downside risks to the economic outlook, and hence it may well be appropriate to insure against adverse shocks that could push the economy into territory where a self-reinforcing downward spiral of economic weakness would be difficult to arrest," she said in a speech prepared for delivery at an event organized by the Boston Federal Reserve Bank.
Bernanke, himself, is due to speak on the economic outlook in testimony to Congress on Thursday, and his comments will show how closely his views align with Yellen's.
The Fed will weigh the impact of recent labor market developments and financial strains on its economic forecasts at its next policy meeting, on June 19-20. If policymakers decide the recovery is at risk of losing momentum, they could either push back the date of the expected first interest rate hike or they could buy more bonds, Yellen said.
Asset purchases could take the form of an outright balance sheet expansion or an extension of the program exchanging shorter-term securities for longer-term ones, Yellen said.
While both communications tools and changes to the balance sheet have limitations, risk management considerations make a strong case for additional monetary accommodation, Yellen said.
The Fed cut benchmark rates to near zero in December 2008 and has bought $2.3 trillion in long-term securities to pull the economy out of recession. To gird a flagging recovery, the Fed rebalanced its portfolio with longer-term bonds to press down longer-term interest rates and pledged conditionally to hold rates exceptionally low until late 2014.
Policymakers had seemed on track to take no further action, as economic data had been indicating that the recovery was gaining momentum. But in recent days rising financial stress in Europe and surprisingly weak labor market data for May have raised speculation the Fed would need to mull further easing.
In making a case for monetary policy insurance for the U.S. recovery, Yellen cited risks that the European sovereign debt crisis could spin out of control.
"The deterioration of financial conditions in Europe of late, coupled with notable declines in global equity markets, also serve as a reminder that highly destabilizing outcomes cannot be ruled out," she said.
Copyright 2012 Thomson Reuters. Click for restrictions.
Published: Wednesday, 6 Jun 2012 | 8:14 PM ET
By: Reuters
Federal Reserve Vice Chair Janet Yellen on Wednesday laid out the case for the U.S. central bank to ease monetary conditions further to shield a fragile economy as financial turmoil in Europe mounts.
AP
Janet L. Yellen, President and CEO of the Federal Reserve Bank of San Francisco.Yellen's views carry great weight with Fed Chairman Ben Bernanke, and her comments suggest the Fed may be close to taking more easing steps this month in response to ongoing housing problems, a weak jobs market and the escalating euro zone crisis.
"There are a number of significant downside risks to the economic outlook, and hence it may well be appropriate to insure against adverse shocks that could push the economy into territory where a self-reinforcing downward spiral of economic weakness would be difficult to arrest," she said in a speech prepared for delivery at an event organized by the Boston Federal Reserve Bank.
Bernanke, himself, is due to speak on the economic outlook in testimony to Congress on Thursday, and his comments will show how closely his views align with Yellen's.
The Fed will weigh the impact of recent labor market developments and financial strains on its economic forecasts at its next policy meeting, on June 19-20. If policymakers decide the recovery is at risk of losing momentum, they could either push back the date of the expected first interest rate hike or they could buy more bonds, Yellen said.
Asset purchases could take the form of an outright balance sheet expansion or an extension of the program exchanging shorter-term securities for longer-term ones, Yellen said.
While both communications tools and changes to the balance sheet have limitations, risk management considerations make a strong case for additional monetary accommodation, Yellen said.
The Fed cut benchmark rates to near zero in December 2008 and has bought $2.3 trillion in long-term securities to pull the economy out of recession. To gird a flagging recovery, the Fed rebalanced its portfolio with longer-term bonds to press down longer-term interest rates and pledged conditionally to hold rates exceptionally low until late 2014.
Policymakers had seemed on track to take no further action, as economic data had been indicating that the recovery was gaining momentum. But in recent days rising financial stress in Europe and surprisingly weak labor market data for May have raised speculation the Fed would need to mull further easing.
In making a case for monetary policy insurance for the U.S. recovery, Yellen cited risks that the European sovereign debt crisis could spin out of control.
"The deterioration of financial conditions in Europe of late, coupled with notable declines in global equity markets, also serve as a reminder that highly destabilizing outcomes cannot be ruled out," she said.
Copyright 2012 Thomson Reuters. Click for restrictions.
