BREAKING NEWS: Gumby Creator Art Clokey Dies | Sphere News

Rest In Peace - Gentle Soul

ENTREPRENEURS: Two lessons:

1. NEVER GIVE UP

2. YOU NEVER KNOW WHERE SUCCESS WILL FINALLY COME FROM

Eddie Murphy brought a surge in Gumby’s popularity in the 1980s with his send-up of the character on “Saturday Night Live” as a cigar-smoking show business primadonna.

Clokey said he enjoyed Murphy’s profane Gumby.

“Gumby can laugh at himself,” Clokey told the Tribune.

Murphy’s Gumby brought new toy sales and eventually led to a new syndicated series starting in 1988.

It was only then that Clokey started seeing serious financial returns on his creation.

“It took 40 years,” he said.

Read Obituary

Bloggers Debate Usefulness of Facebook Bra Status Update | Sphere News

Logging on to the world’s most popular social network beginning midweek, it was common to see status updates from women users that read a variety of colors, from black to white, pink, red, nude or, more cryptically, “none.” What could the girls be up to this time? male users collectively wondered. That’s because, as is often the case with women’s wares in real life, they simply weren’t in the loop.

Read Article.

Facebook Turns to the Crowd to Monitor the Crowdies | Technomix | Fast Company

Facebook has begun testing a system that’s in vogue at the moment: Using its own users as a data-crunching system. Nothing terribly new there–except that Facebook’s using its crowd to actually moderate the rest of the crowd and stamp out the nasty bits, which is a whole new ethically-intriguing level

It’s called the “Facebook Community Council” and according to the group’s motto it exists to “harness the power and intelligence of Facebook users to support us in keeping Facebook a trusted and vibrant community.” This all sounds very lofty, very un-dictatorial and much more hippyish, power-to-the-people than Facebook sometimes seems, with moves like its blanket decisions on user-privacy.

Read article.

Gov. Schwarzenegger Lays Out Priorities in State of the State Address

Every once in a while, it’s good to see what the press is spinning directly, so you can judge for yourself what’s being said. Attached is The Governator’s State of the State press release for your edification.

For Immediate Release:
Wednesday, January 6, 2010

Gov. Schwarzenegger Lays out Priorities, Urges Continued Bipartisan Teamwork in State of the State Address

Today, Governor Arnold Schwarzenegger delivered his annual State of the State address before a joint session of the California legislature. The Governor reflected on the teamwork that brought California through the worst recession since the Great Depression in 2009 and laid out his vision for California in 2010.
Continue reading “Gov. Schwarzenegger Lays Out Priorities in State of the State Address”

Geithner’s Fed Told AIG to Limit Swaps Disclosure | Bloomberg.com

Rat Bastard!

The far enough down the road we get, the clearer people’s motivations become. After all, if your next job depended on it, wouldn’t you help out your future employer?

AIG said in a draft of a regulatory filing that the insurer paid banks, which included Goldman Sachs Group Inc. and Societe Generale SA, 100 cents on the dollar for credit-default swaps they bought from the firm. The New York Fed crossed out the reference, according to the e-mails, and AIG excluded the language when the filing was made public on Dec. 24, 2008. The e-mails were obtained by Representative Darrell Issa, ranking member of the House Oversight and Government Reform Committee.

“It appears that the New York Fed deliberately pressured AIG to restrict and delay the disclosure of important information,” said Issa, a California Republican. Taxpayers “deserve full and complete disclosure under our nation’s securities laws, not the withholding of politically inconvenient information.”

Emphasis added

Read Article.

Offered again for your consideration:

The Great American Bubble Machine | Rolling Stone

Learn about how Goldman Sachs has participated in inflating five bubbles since the early 20th century, plus, the gas they’re about to pass our way in cap and trade.

Seriously, read this and pass it on.