As if it weren’t already weird enough. I didn’t realize this, but apparently the content of our children’s textbooks is up for sale to the highest bidder. The most recent sponsor is the lobbying group that serves the guys making all those plastic bags. They’ve successfully mandated the state to censor any discussion of the negative impact they have on the natural environment. But they’be gone a step further and manufactured language to extol the virtues of plastic bags so future school children will have a great example of the mockery we’ve made out of our legislative democracy.
Beer.js;
The SoCal JavaScript Beer.js was great tonight. Met a bunch of local js devs. Many of us had independently come to the same conclusions – we discovered – regarding the source of much of the recent influx of fresh VC equity in Silicon Valley. We all understand how large wealth transfers occur in international capital markets. Most software people have a very good grasp of the nature of the world’s recent economic mischief. And most of us seem to have a good grasp on the fundamentals of Macroeconomics.
When the Federal Reserve and the Department of Treasury agreed to start photocopying $20 bills we were aware of the large sums of money that have gone in to TARP and QE2. Not to me mention guarantees on Japan, Iraq, Afghanistan, Republic of China (Taiwan), and South Korea (yes, we’re still on the hook for that one too).
We know who a lot of the people were who made money off the economic and currency collapses of the past four years. Like a bunch of little George Soroses they made money betting against the people in power. And they were right. Who knows? Maybe their computers told them this would happen.
Apple Store in Santa Monica will be Second to Feature Curved Glass Roof
The Santa Monica Planning Commission approved Apple’s plans for a new retail store with a giant glass roof on Wednesday without any discussion.
via AppleInsider | Santa Monica Apple Store with glass roof given swift approval.
Beyond IPO: Demand Media
So, what happens when no one can see past an IPO? Demand Media (and its financiers) is finding out the hard way.
the company’s stock hit its all-time low yesterday, after a strong IPO in January. since the summer, it’s been all downhill, with Demand shares off 50.4 percent since early May.
Since it went public, the stock is off 63.1 percent.
via Wall Street’s Demand for Demand Media Falls Off – Kara Swisher – Media – AllThingsD.
CicLAvia Announces Expanded Route for October Heading North and South off Original Spur
This was seriously the most fun I’ve had since the Disney employee’s street fair. Well, Carpocalypse/Eat Local was fun too. Get your bike ready. We’re shutting down the city again. And it’s going to be bigger this time.
QuantumTom 