Hedge Funds and the Global Economic Meltdown

This short video breaks down one of the fundamental causes of the most recent economic meltdown. The gist of video message is that a small, predatory group of rich guys, also known as the oligarchy, played the stock market system to make themselves bucket loads of money. The fact that the worlds' economies are spiraling down the toilet bowl is just an unfortunate side effect as far as these vampires are concerned. They got their money.

Some will claim that short sellers and naked short sellers (hedge fund manipulating stock prices by flooding the market with phantom stock) don't set out to destroy companies but I don't believe it. I'm generous enough to chalk the first company destroyed as a side effect up to an "oops, did we do that?" mistake. But the destruction of companies after that were definitely deliberate and planned. So much for counting on the market to do the right thing.

Despite what you may think about the invasion of privacy it was for protesters to go to the private homes of AIG bonus recievers, you can definitely understand the impulse after seeing videos like this one.

Since I'm not in the financial industry, I can't vouch for every detail mentioned in the video. But I can appreciate how Mr. Bagley took the time to try to break down the complex problem to a digestible level. I notice on many finance industry insider sites, those in the know spend a lot of time scoffing and looking down their noses rather than adding any productive information to the conversation.

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Hedge Funds and the Global Economic Meltdown from Judd Bagley on Vimeo.

Short selling hedge funds lit the spark that led to the global economic meltdown. Now they want to help craft the laws Congress will pass to fix our broken regulatory system. That's insane.

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A couple of sites mentioned:
http://businessjive.com/
http://www.deepcapture.com/

A good comment about the video:

Gregory Kohs: Very, very alarming stuff. It really sickens me that our small church struggles without a Sunday schoolhouse for our rapidly-expanding youth services programs, but these crooks can pull a few fast ones and walk off with their billions.

Best Week Ever - Baby Oragutans in the Hospital

I’m going to explode from the cuteness of these photos. Especially the one where the baby oragutan is biting the crib railing. I used to do that!

clipped from www.bestweekever.tv E-MAIL THIS TO YOUR MOM: Orangutan Hospies By Michelle Collins Some people argue that man and ape are distant cousins. The following photos of baby oragutans should prove otherwise. You know why? Above, two baby orangutans jus chillin’ at the Infant Care Unit on Orangutan Island. The center houses 23 baby orangutans who have been abused or rejected by their mother. You know which mother would never reject these guys? This mother. Because if the following animal ever miraculously came outta me, I would swaddle it and coddle it and probably crush it on accident due to my overwhelming affection for it:

Lotsa Pictures from Busy Weekend of March 14 & 15, 2009

Too lazy to do a proper blog post, I made a slideshow in Photobucket of photos from my past weekend.

Saturday, March 14th
Second Annual P-Camp at Yahoo! HQ in Sunnyvale, CA

• Design your Customer Before You Design Your Product - David Taber
• Product Management & User Experience - Meghan Ede and Nancy Frishberg
• Challenges and Opportunities in Product Management - Al Nevarez (System Logics: Organizing Your Offerings to Solve People's Big Needs by Dev Patnaik)
• Social Networking at Work - Round Table
  

C J Olson Cherries 3rd Annual Chocolate Festival in Sunnyvale, CA


Sunday, March 15th
Post Secret Exhibit at Bedford Gallery in Walnut Creek, CA

Julien Breton - Arabic Light Calligraphy

Who knew calligraphy could be so cutting edge and innovative? What a creative mind to figure out how to do this.

Link to Julien's homepage: http://kaalam.free.fr/. The paper and light calligraphy galleries on his site are beautiful too. He also has Flickr as well as Google images. See the master at work in his videos.

clipped from designllama.blogspot.com Julien Breton aka Kaalam light caligrapher -Insane, this is what this is about , this guy is taking it to a whole other level, check those visuals, no photoshop , no after effect, just a pix ( that might take 10 minutes something ) with a really long exposure, couple light torch of different shapes and colors and Julien Breton( A guy from Nantes-france) is doing is magic, check the precision, the colors, the intensity of his art, this is quality. i just love it , bravo mec. more info