“ The second estimate of third-quarter GDP is out; the growth rate was marked down to 2.8% (from 3.5%)…Odds are good that growth will slow down next year: the stimulus has already had its peak effect on growth and will turn into a net drag in the 2nd half of 2010.
November 24, 2009
“ On July 20, 2006, Sheila Marcelo and Nick Beim flew from Boston to Chicago to visit a company called Sittercity…Three months after the trip, Marcelo started a website, Care.com, to compete directly with Sittercity. Matrix Partners and several prominent investors poured capital into her new company - totaling more than $16 MM.
November 23, 2009
“ LinkedIn holds an incredibly useful body of data about its users because employment information is a very useful way to put a person in context on the web.
November 22, 2009
[Flash 9 is required to listen to audio.]
November 21, 2009
Lil Wayne - “The Carter” (Sundance) Documentary Trailer
Saw this the other night and I can’t recommend it enough. Very fascinating. I’m off to go make some beaucoup money.
I saw this with Aziz and second what he said.
Riveting. Genius. Thanks for the great recommendation, Ricky. Best Rapper Alive.
3 days ago • 68 notes
[Flash 9 is required to listen to audio.]
November 19, 2009
“ Some call it California’s cash advance. Effective today, the amount of state income taxes withheld from California workers’ paychecks will increase 10%. The accelerated withholding program does not generate additional tax revenue. Instead, it front-loads it, bringing cash in more quickly in an effort to keep the state treasury stocked with funds.
The Taxpayer Interest Free Loan to California - California Politics | Sacramento Bee Utterly shocking. via Glenn Beck
5 days ago
• 1 note
November 18, 2009
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“ A stronger yuan would make Chinese exports less competitive, which is unappealing for China in a year when exports are down about 20% and many manufacturers have closed. Chinese leaders who have criticized the West’s economic management may also find it politically difficult to yield to demands on the currency.
November 17, 2009
“ Morning Joe is excited to be going to New Orleans on Friday to help Katrina victims our government has forgotten for too long.
