Recent Blog Posts
-
A Big Fat Geek Survey
May 25 20123:56 pm EDT -
Phasing Out Instagram
May 25 20122:27 pm EDT -
UberConference Is Victorious!
May 24 20121:49 pm EDT -
Ark Floats, Olive Branch Unseen
May 21 20126:30 pm EDT -
Teach the Internet to Forget
May 21 20124:39 pm EDT -
Microsoft Patent Begs the Question:
Who Needs Developers?
May 17 20123:30 pm EDT -
Mozilla's Monitor-Me-Not
May 17 201211:38 am EDT -
Google's Brain Gets Humanized
May 16 20125:30 pm EDT -
Pandora Demographics Aim Wedding Proposal
May 16 201212:19 pm EDT -
New York Techies Get Mappy Way to Job Hunt
May 15 20122:50 pm EDT
Links
- Engadget

- Pandora

- GigaOM

- USA TODAY Tech

- Somewhat Frank's tech conference list

- BuzzTracker Tech

- The Long Tail

- Tom Foremski

- Roger McGuinn's Folk Den

- John Battelle's SearchBlog

- Mark Cuban's blog

- SciTech Daily

- Romenesko

- Kevin Maney's site

- Steven Johnson

- Marc Andreessen

- TechCrunch

- Fred Wilson

- paidContent

- Spiedies, mmmm

- TechFlash

Clean coal? And Those 'Predator Lenders'
Kevin Maney writes: There's nothing like a glass of wine and a vice-presidential debate to pass the evening. They didn't talk much about technology -- except...what about this "clean coal technology" thing? Darn if I've never heard of it. Sounds sort of like calling Cap'n Crunch "part of a healthy breakfast" or saying financial institutions have "voluntary regulations." Because burning coal is, you know, generally considered really nasty for the environment.
QUESTION: Now, let's talk about -- the next question is to talk about the subprime lending meltdown. Who do you think was at fault? I start with you, Governor Palin. Was it the greedy lenders? Was it the risky home-buyers who shouldn't have been buying a home in the first place? And what should you be doing about it?
PALIN: Darn right it was the predator lenders, who tried to talk Americans into thinking that it was smart to buy a $300,000 house if we could only afford a $100,000 house. There was deception there, and there was greed and there is corruption on Wall Street. And we need to stop that....
Again, John McCain and I, that commitment that we have made, and we're going to follow through on that, getting rid of that corruption.
One thing that Americans do at this time, also, though, is let's commit ourselves just every day American people, Joe Six Pack, hockey moms across the nation, I think we need to band together and say never again. Never will we be exploited and taken advantage of again by those who are managing our money and loaning us these dollars. We need to make sure that we demand from the federal government strict oversight of those entities in charge of our investments and our savings and we need also to not get ourselves in debt. Let's do what our parents told us before we probably even got that first credit card. Don't live outside of our means. We need to make sure that as individuals we're taking personal responsibility through all of this. It's not the American peoples fault that the economy is hurting like it is, but we have an opportunity to learn a heck of a lot of good lessons through this and say never again will we be taken advantage of.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.





