Thursday, December 30, 2010

foreclosure

I generally agree with yoru statement, all the tricks the FED did to print hosuing dollars are done now, now people have to bring real money, and that means wages. However I disagree with statement "businesses competing with foreign wages CANNOT pay higher wages to American workers". Businesses overpay their CEOs and upper management all the time (boards are made up of cronies, not directors working in best interest of stockowners) and big US businesses are generally making high profits and have record cash reserves. So businesses CAN afford to pay workers high wages, but rather, they simply WON'T because they do not have to (no laws, unions etc to force them) and the WON'T because unlike the waste of over-priced salaries at high-end of coroporate ladders, business are not so stupid and wasteful and low-end and they keep low and middle workers wages as low as they can or they outsource.


But just so you know in real world there is an alternative ( not one you will ever see in US due to our politics and people assumptions like yours) look at Germany. They are an exporting machine. Their companies are very competitive in world market AND their worker wages and benefits are much higher than US. They have higher horuly salaries, their workers get 6 weeks vacation from get go, etc.. Also, they are fairly heavily regulated, their companies are held to high safety standards, high worker fairness standards, and tough environmental standards and also their companies do a lot with expensive alternative energy.


So in my mind there are at least two ways to for a countries companies to be competitve on world market, China or Germany, the only option is NOT China and depressed wages and weak currency.


Again and again, I see smart people assuming we must just do a China to compete, low wages, weak currency, trash the environment, peel back regulations that keep workers safe and keep work place fair. Its like Germany's example does not enter our consciousness. No way we can have a strong social safety net, treat enviroment well, have a strong currency, pay workers well, regulate businesses to ensure fairness and still compete, pay not attention to Germany.


It may not be easy for US to replicate what is working for Germany, primarily simply because most in US media and culture has it so we don't even know it that at least one coutnry is already proven it is possible, but it is crazy not to at least look at what they are doing and see if maybe we could strive for something closer to them. Germany competes and grows and German workers benefit. Germans model is very good for the common wealth, and yet, all we can fixate on is China.


We see same phenomen in business. There are some companies that are very successful and treat their workers much better than average, while other companies see their only way to success is to treat low end workers as badly as possible and to overcompensate upper management. See simply Costco vs. Sam's club.


Stop self-limiting, we can be a globally competitive country and have a solid middle class and have clean air and water, safe workplaces. But we won't if we let crony upper management of US companies decide everything in their interest, because clearly, sh%^ting on workers and over-compensating themselves and their friends, corrupting our government for their purposes is what they will keep doing unless we fight for something better.



Foreclosures Increase As Mortgage Modification Programs Lose Steam


Even with the foreclosure moratoriums that a few of the nation’s biggest banks instituted following the robo-signing scandal, foreclosures for this year will likely top one million. According to a report released yesterday by the Office of the Comptroller of the Currency and the Office of Thrift Supervision — two of the federal bank regulators — foreclosure activities were up significantly in the last quarter:


The number of new foreclosures increased to more than 382,000 — 31.2 percent more than in the previous quarter and 3.7 percent more than a year earlier. The number of foreclosures in process increased to 1.2 million — 4.5 percent more than in the previous quarter and 10.1 percent more than a year earlier. The number of completed foreclosures also increased to nearly 187,000 — 14.7 percent more than in the previous quarter and 57.5 percent more than a year earlier.


A large reason for the jump, according to the report, is that mortgage modifications under the Home Affordable Modification Program (HAMP) — the Obama administration’s signature foreclosure prevention effort — have dropped significantly. Mark Zandi, chief economist of Moody’s Analytics, said that a main problem driving the foreclosure machine is the “inadequacy of loan modification programs”.


For months, it’s been apparent that HAMP and the administration’s other programs designed to keep borrowers in their homes are going to fall woefully short of their goals. HAMP has processed only about 500,000 permanent loan modifications, out of 1.4 million trial modifications that have been initiated. The redefault rate (the number of borrowers who again fall behind on their mortgages, post-modification) for the program is an ugly 21 percent.


The Congressional Budget Office estimates that just $12 billion of the $50 billion dedicated to foreclosure prevention will be spent. The Congressional Oversight Panel for TARP, which also oversees HAMP, estimates that at the current rate HAMP will only benefit 700,000 homeowners, far less than the 3-4 million that the Obama administration said would receive aid. “Absent a dramatic and unexpected increase in HAMP enrollment, many billions of dollars set aside for foreclosure mitigation may well be left unused. As a result, an untold number of borrowers may go without help,” the panel said in a report.


There are still plenty of things that can be done to fix HAMP and ensure that the full resources dedicated to foreclosure prevention actually wind up in the hands of homeowners. Here are some recommendations.





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No, Snooki Will Not Be Dropping in a Ball in Times Square on New <b>...</b>

New York City to Snooki: fuhgeddaboudit. MTV wanted.

Keith Olbermann: &#39;Fox <b>News</b> Is 100% Bullshit&#39;

Keith Olbermann is anything but hesitant when it comes to a battle with Fox News, and the MSNBC anchor took to Twitter Wednesday to share his views on the TV network he probably wouldn't even call a rival. "Fox News is 100% bullshit," ...

Year&#39;s Worst Ads Get What&#39;s Coming to Them - AOL <b>News</b>

The year's worst ads get honored with a very dubious award: a Tracy Award.


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Tuesday, December 28, 2010

Making Money Web

The Education Tech Series is supported by Dell The Power To Do More, where you’ll find perspectives, trends and stories that inspire Dell to create technology solutions that work harder for its customers so they can do and achieve more.

Non-profit organizations and passionate individuals have found a slew of creative ways to leverage social media and the class='blippr-nobr'>Internetclass="blippr-nobr">Internet to make the world a better place. Online campaigns help provide clean drinking water, food and malaria-preventing bed nets to people who need them.

Creative uses of the web are helping to provide and enhance education. These four projects, for instance, found innovative ways to help build schools through digital campaigns.

1. Epic Change

Epic Change has become a model for raising money using social media. Since 2008, its annual TweetsGiving has asked people to tweet about what they’re thankful for while making a donation. The strategy was so successful that #tweetsgiving became a trending topic on Twitter during the first year’s campaign.

Starting out, the benefactor of TweetsGiving was a school in Tanzania that was founded by Mama Lucky Kamptoni, a passionate local woman who started the school using money she earned from her poultry business (now there are two more benefactors). Epic Change wanted to help her rebuild and expand the school.

The organization also launched To Mama With Love, a website where users can make a donation by creating a “heart space” for a mother they care about. The “heart space” is a collection of photos, videos and words dedicated to that mother. Other people who care about that mother are invited to donate in her honor.

From one of the classrooms that was built using donations from these campaigns, the students now tweet and connect with the rest of the world.

“So often, we hear the stories of children in the so-called ‘developing’ world from the perspective of the media, non-profits or friends who have traveled or volunteered,” explains the Epic Change Blog. “What happens now – when these students can share their own stories, and build relationships with the rest of the world, for themselves? How will the world be different when these children, who live so geographically far away, move into our virtual backyard? What difference will it make in their lives to know that their voices will be heard?”

2. Stillerstrong

When Ben Sitller launched the Stillerstrong campaign on YouTubeclass="blippr-nobr">YouTube, Twitterclass="blippr-nobr">Twitter and a branded website, he did it with a video that poked fun at Lance Armstrong’s Livestrong campaign. It was hard to tell if he was kidding.

But the campaign, which sells Stillerstrong headbands and accepts donations by text message and credit card, has raised about $300,000 to help provide temporary schools for Haitians displaced by January’s earthquake. At the time the campaign was announced, the organization and its partners Causecast and the Global Philanthropy Group were expecting each school to cost between $45,000 and $55,000.

3. TwitChange

Instead of auctioning off celebrity memorabilia to support a charity, TwitChange hosts eBay auctions for celebrity Twitter interaction. The donation’s bidders put down to have a celebrity follow them, retweet their tweet, or mention them in an update. The proceeds go to aHomeInHaiti.org, which will use them to build a home and school for children with disabilities in Haiti.

The first auction in September raised $531,640.25. The website instructs us to “stay tuned for the celebrity tweet auction coming this holiday season.”

4. University of the People

Less of a “campaign” than a full-blown effort to democratize education, University of the People provides tuition-free higher education through an online campus.

Since launching last year, the university has accepted about 700 students from 100 different countries to its three- to four-year programs for business and computer science. Recently the university opened computer centers in Haiti so that students with limited Internet access could enroll in its courses.

“I do believe that if we take the millions of people around the world who could not afford going to university and teach them tuition free, we’re not only changing their lives, and their family’s lives, we also change their communities, their countries,” founder Shai Shai Reshef says. “And if we have a lot of them, we will change the world for a better world.”

Series Supported by Dell The Power To Do More/>

The Education Tech Series is supported by Dell The Power To Do More, where you’ll find perspectives, trends and stories that inspire Dell to create technology solutions that work harder for its customers so they can do and achieve more.

More Social Good Resources from Mashable:

- How Online Classrooms Are Helping Haiti Rebuild Its Education System/> - Why Social Media Is Reinventing Activism/> - 5 Creative Social Good Campaigns for the Holiday Season/> - 4 Real Challenges to Crowdsourcing for Social Good/> - 9 Creative Social Good Campaigns Worth Recognizing

Image courtesy of iStockphotoclass="blippr-nobr">iStockphoto, urbancow

For more Social Good coverage:

    class="f-el">class="cov-twit">Follow Mashable Social Goodclass="s-el">class="cov-rss">Subscribe to the Social Good channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for Android, iPhone and iPad

Since a few people told me they found my notes on cloudtop applications useful when I posted them a few months ago, I thought I'd share some more notes in the same spirit.


Part of my immediate motivation was when my friend Andre wrote up some notes on building a Web-scale app in a weekend, Jason Kottke made a smart mention of the difficulty of delivering messages, as evidenced by Jeff Atwood's post earlier this year. If these smart folks are struggling so much, surely there must be another option?


Well, I've noticed a pattern that suggests there is a better way. This time it's not a pattern in end-user applications, but rather in infrastructure services, which I'd call "Delivery as a Service." In this model, new offerings provide a set of message delivery services for developers that share a few common traits:



  • Digital services that pre-date the Web, or were designed without the Web in mind, can now be exposed as simple Web services



  • Legacy platforms that require extremely expensive startup costs convert into a cost-per-message (or cost per thousand messages) model



  • Message systems with effective anti-spam components usually exert a high cost on spammers that can also be a prohibitively high bar for small developers unless they're able to pool their efforts



  • Service providers can aggregate requests from many small, separate applications to make costly services approachable for independent developers



  • You can figure out what the hell these service providers do, unlike many generic Web service providers


With those traits in mind, who's providing Delivery as a Service systems now? I'm sure this is a far-from-comprehensive list (suggestions very welcome!) but these are the few that got my gears turning:



  • Urban Airship: Love these guys. Primarily focused on doing push notifications to iOS-powered Apple devices, they're rapidly expanding into related in-app sales, rich-notifications, and other areas. While Apple does offer an API for its notifications, it's not as easy to use and Web-friendly as UA's offerings, and they handle much of the other infrastructure requirements that would otherwise be onerous.



  • Postmark: Good old-fashioned email! It turns out that, these days, delivering email that doesn't get marked as spam is actually kind of a pain if you're not a huge provider. And much of the commercial email market it optimized for direct marketers. But Postmark has an interesting niche in providing the valuable email capability for developers that don't want to spend precious development cycles on boring-ass email.



  • Twilio: Perhaps the most impressive of the bunch. Twilio handles voice, IVR and SMS functionality for many apps, with a really simple API that any developer can work with.


Now, individually, none of these capabilities are particularly new. (Though of course, iOS push notifications have only been around a relatively short period of time.) But making them broadly available, accessible through simple APIs with code libraries available in common programming licenses, and having initial access be available for pennies or even for free? That represents a big change.


Tomorrow's Implementation of Yesterday's Technology, Today.


With the proliferation of these services, features that would be "someday" or "after we get funded" features can be pushed up much earlier in a product's lifecycle. And markets that would otherwise be underserved are now approachable; Every company that's putting money into developing an iOS app around their services could use Twilio to provide a robust SMS-based interface at the same magnitude of cost. The early signs of success for each of these little companies is promising too; It might inspire bigger infrastructure providers like UPS (which has its own API for shipping services) to market their services more like these startups as well.


I find delivery services most compelling in the context of how they serve the "cloudtop" apps I described a few months ago, but I can see these being equally important for enterprises or other environments as well. We need more simple services to connect to the real world, to "old-fashioned" technology that isn't Web-centric, but that could still be enhanced by being connected to the Web. Making a RESTful API for faxing might not be sexy, but it could enable some businesses to reach new audiences or do something creative with all of those underutilized rolls of thermal paper. If you can think of services like this that should exist, or if you've built one, let me know in the comments.


This post originally appeared at Dashes.com.


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&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

&#39;NBC Nightly <b>News</b>&#39; Wins 4th Quarter Ratings

"NBC Nightly News" continued its long-running ratings streak in the fourth quarter of 2010, beating its rivals at ABC and CBS by substantial margins. The Brian Williams-hosted program drew 8.72 million viewers in the fourth quarter.

Brad Friedman and Desi Doyen: Green <b>News</b> Report: December 28, 2010 <b>...</b>

IN 'GREEN NEWS EXTRA' (see links below): The reactor on your roof: Caltech breakthrough uses solar power to generate liquid fuel; Fmr. Shell president predicts $5-a-gallon gas by 2012; EPA develops neurotoxicants list; Obama admin takes ...

Phila. Gay <b>News</b> Editor On Elton John: &#39;Couldn&#39;t Find A Better <b>...</b>

After struggling to adopt for years, one of music's most influential men is now a dad. Sir Elton John and his partner, David Furnish, now have a son, born to a surrogate in California on Christmas Day.


bench craft company scam

Thursday, December 23, 2010

Making Money on Internet


Here's the problem with funding 2011's government using 2010's budget: When the 2010 budget passed, neither financial regulation nor health-care reform had passed. And so the 2010 budget didn't include the new funds necessary to support their implementation. We're not talking about a lot of money here, of course, but certainly some. And for the health of these bills, it's important money.



But after the collapse of the omnibus spending bill, the Democrats have moved to funding the government using a resolution that simply continues 2010's funding levels. And that means starving some of their signature accomplishments of implementation funds. This hasn't been lost on Republicans, of course: Mitch McConnell's key argument for turning GOP senators who'd pledged to vote for the omnibus was that it included funds for health-care reform. The Democrats, however, seemed less attuned to this dimension of the funding fight. And even those who do see the problem aren't making much noise about it: Though there was lots of tough talk in recent months about how Democrays would risk a government shutdown rather than seeing their accomplishments defunded, that didn't prove true, at least this time.



Top Stories



The Census Bureau will announce which states gained and lost House seats today, reports Charles Babington: "The 2010 census report coming out Tuesday will include a boatload of good political news for Republicans and grim data for Democrats hoping to re-elect President Barack Obama and rebound from last month's devastating elections. The population continues to shift from Democratic-leaning Rust Belt states to Republican-leaning Sun Belt states, a trend the Census Bureau will detail in its once-a-decade report to the president. Political clout shifts, too, because the nation must reapportion the 435 House districts to make them roughly equal in population, based on the latest census figures. The biggest gainer will be Texas, a GOP-dominated state expected to gain up to four new House seats."



The federal funding resolution Congress is considering doesn't include money for the implementation of health-care reform, report Jessica Holzer and Josh Mitchell: "Democrats last week sought $1 billion to expand federal agencies to cope with health-care demands as part of a proposed $1.1 trillion spending bill. That measure died after Senate Republicans closed ranks against it under pressure from conservative activists...Congressional Republicans have said they will try to defund enactment of the health-care law's least popular provisions, particularly Internal Revenue Service efforts to enforce the requirement that most Americans carry health insurance."



Nor for FinReg, reports Pat Garofalo: "The resolution does not include funding for the implementation of the Dodd-Frank financial reform law. Under the omnibus, the Securities and Exchange Commission would have seen its budget increase to $1.3 billion from $1.1 billion, and the CFTC would have gone from $169 million to $286 million. Already, the SEC has halted implementation of a variety of measures under the law as it waits for funding."



The FCC is set to enact "net neutrality" rules, reports Cecilia Kang: "Federal regulators are poised to enact controversial new rules affecting Internet access, marking the government's strongest move yet to ensure that Facebook updates, Google searches and Skype calls reach consumers' homes unimpeded. Under the regulations, companies that carry the Internet into American homes would not be allowed to block Web sites that offer rival services, nor would they be permitted to play favorites by dividing delivery of Internet content into fast and slow lanes. The rules are set to win passage in a vote Tuesday by the Federal Communications Commission, after a majority of the panel's five members said they planned to vote in favor of the measure."



Got tips, additions, or comments? E-mail me.



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Surf-rock interlude: Surfer Blood plays "Twin Peaks".



Still to come: Regulators are taking aim at executive pay; Mark Warner and Saxby Chambliss will push a deficit-reduction package; Bill Gates and Randi Weingarten talk education reform; and an infant learns to drive.

Economy



Sens. Mark Warner (D-Va.) and Saxby Chambliss (R-Ga.) will introduce a debt reduction package in the next Congress, reports Heidi Przybyla: "Senators Mark Warner and Saxby Chambliss will seek to put the U.S. debt atop the agenda early in next year's Congress by proposing legislation to slash government spending, reduce popular tax breaks and trim entitlement programs. Warner, a Virginia Democrat, and Chambliss, a Georgia Republican, have been working over the past six months to court a group of 25 senators from both sides of the political aisle in hopes of gathering support for their bill, Warner said today in an interview. The legislation is based on a plan by the co-chairs of President Barack Obama's debt-reduction panel that earlier this month failed to get enough support for its recommendations to be sent to Congress."



The US is considering a crackdown on Wall Street executive pay, report Aaron Lucchetti and Sara Schaefer Munoz: "U.S. regulators are considering whether to require large financial firms to hold onto a chunk of executive pay to discourage the excessive risk-taking that contributed to the financial crisis, according to people familiar with the situation...The discussions by the Federal Reserve, Securities and Exchange Commission and other federal banking agencies are the result of a provision in the Dodd-Frank financial-overhaul law that instructs regulators to prohibit any bonus plan that "encourages inappropriate risks" at financial firms with more than $1 billion in assets."



The Fed is limiting its purchases of Treasury assets: http://bit.ly/ep64hK



The tax compromise provides a preview of new OMB director Jack Lew's style, reports Jackie Calmes: "While the deal drew fire from both parties, liberal Democrats were especially enraged by a two-year extension of Bush-era tax cuts for high incomes and wealthy estates and a reduction in payroll taxes for Social Security. In private caucuses, some turned their anger at the White House on Mr. Lew. 'This is not a package we could have supported if it didn’t take care of the workers who are most vulnerable,' Mr. Lew said in an interview, echoing the pitch he made to Democrats in private...With both Mr. Obama and Republicans vowing to bring down annual deficits swelling the nation’s debt -- in very different ways -- Mr. Lew becomes an even more crucial figure in the cabinet than budget directors typically are."



Public respect for government workers is on the wane, report Karen Tumulty and Ed O'Keefe: "Three-quarters of those who were surveyed in an October Washington Post poll said they believe federal workers get better pay and benefits than people doing similar jobs outside the government, and 52 percent said government employees are overpaid. When the NBC/Wall Street Journal poll this month sampled public opinion on the major proposals that were put forward by the president's deficit and debt reduction commission, the most popular by far - and the only one deemed 'totally acceptable' by a majority of respondents - was freezing the salaries of federal employees and members of Congress for three years."



The St. Louis Fed president calls quantitative easing "moderately successful" so far: http://on.wsj.com/fBbxaE



The spending package's March expiration date won't make raising the debt ceiling easier, writes Stan Collender: "Because the existing debt ceiling currently is assumed to be reached close to the same date the the CR will expire, won't the two issues be combined into a single piece of legislation?...Combining the two issues would certainly be possible and perhaps even likely in a rational world where efficiency is the goal. But in the hyper political and partisan world that will exist in Washington next year, will it really make any sense for the GOP voluntarily to give up one of what it will believe will be its two major points of leverage over the White House? Even if the two need to be dealt with at close to the same time, why would the GOP not use both opportunities to exert influence that it otherwise won't have?"



Tom Coburn's "Wastebook" is misleading, writes Brad Plumer: http://bit.ly/en6ujQ



Adorable infant acquiring life skills interlude: A Russian baby learns to drive.



Health Care



Sen. Tom Coburn is blocking a bill to provide health care to 9/11 first responders: http://politi.co/eFpn6x



The Justice Department is suing Blue Cross Blue Shield on antitrust grounds, reports Reed Abelson: "When the Justice Department filed an antitrust lawsuit against Blue Cross Blue Shield of Michigan in October, the unusual action was widely seen as a warning shot to dominant health insurance carriers in many other states...The case is viewed as a test for the Obama administration’s introduction of the federal health care law, which is aimed at spurring competition and driving down costs. About half the states in the country, including Alabama, Rhode Island and Iowa, share circumstances similar to Michigan’s, in their relationships with a big single insurance carrier."



Domestic Policy



The spending bill Congress is considering will implement a federal pay freeze, reports Stephen Ohlemacher: "Federal workers would face a two-year pay freeze under a spending bill Congress will take up this week to keep the government operating through March 4. The bill would protect student Pell grants, veteran's benefits and a program that helps low-income families pay their heating bills. A small business loan program would be extended...Three weeks ago, President Barack Obama proposed a two-year salary freeze for some 2 million federal workers, seizing on an initiative popular among Republicans. Public employee unions are lobbying lawmakers to reject the pay freeze."



State attorneys general are going to war with Google over privacy concerns, reports Tony Romm: "More legal wrangling could be in store for Google now that it has refused to turn over to state investigators the e-mails and other data it accidentally collected while mapping neighborhoods. The Mountain View, Calif.-based company declined to deliver that trove of information to Connecticut Attorney General and soon-to-be senator Richard Blumenthal by his Friday deadline. That could set up a legal showdown between the two less than a month before Blumenthal is set to become his state’s newest Democratic senator."



Bill Gates and Randi Weingarten discuss school reform: http://bit.ly/fj40lh



The tax compromise will not affect the Social Security trust fund, writes Allan Sloan: "Next year, as you probably know, workers subject to Social Security taxes will pay only 4.2 percent of their "covered wages" -wages up to $106,800 - rather than the normal 6.2 percent. This will reduce Social Security's cash proceeds by $112 billion, according to Congress' Joint Committee on Taxation. What impact will this cash shortfall have on the Social Security trust fund? None. Zero. Zip. How can a $112 billion cut in Social Security revenues not affect the trust fund? Because Treasury will give the trust fund the same amount of bonds it would have gotten had the two-percentage-point tax holiday didn't exist."



Modest proposal interlude: Craig Rowin would like someone to give him $1 million.



Energy



Republicans may actually defend spending on renewable energy, reports Sharon Begley: "This region--Texas, Oklahoma, and on up to the Dakotas--is to wind power what Nebraska is to corn. The investment tax credit for building wind and other renewable installations expires Dec. 31. Once it does, those projects will come to a halt, and thousands of people who are employed in building them will be out of work. Those workers, of course, are the constituents of newly elected officials, the companies behind the projects are crucial economic engines in the districts and states of those legislators, and both are going to give their reps an earful if the projects don’t resume."



The EPA is touting the success of cap and trade in fighting acid rain: http://bit.ly/hM57vU



Closing credits: Wonkbook is compiled and produced with help from Dylan Matthews, Mike Shepard, and Michelle Williams.



The last time she hooked up, she said, it was because “his personality put me at ease. He was straight to the point. He asked me the same questions I was asking him.” Plus, she liked that his real name matched his email address. From there, she was able to find his Facebook page, with numerous photographs. When Ashley (not her real name) finally had her rendezvous, she took down his license plate number and texted it to herself on a second cellphone, which she’d left on her kitchen table along with a note for friends and family, just in case she didn’t return. And then she collected her $500 an hour.


Welcome to prostitution in the Internet era.


Fifteen years ago, it was hard to find hookers on the Web. Now they are all over the place. The Internet has given rise to a new generation of sex workers who have more autonomy than ever before, and by and large enjoy a level of safety not shared by their street-walking sisters. Nonetheless, Internet prostitution is a risky business, and those hazards were underscored this month when the bodies of four women were found decomposing on the side of the road near Jones Beach on Long Island. Attention quickly turned to two missing call girls who’d been using Craigslist as their primary means of making connections. It turned out that neither woman was among the victims, but the grisly discovery put an unwanted spotlight back on Craigslist, which in September took down its U.S. erotic-services directory under pressure from law enforcement and human-rights groups. Last week, it pulled its worldwide adult-services ads. (Though Craigslist has managed to get most sex solicitation off its site, it hasn’t completely succeeded, as Ashley can tell you.)


David Henry Sterry has numerous stories about how the lives of prostitutes have changed in the past decade. Last year, he edited Hos, Hookers, Call Girls, and Rent Boys: Prostitutes Writing on Life, Love, Work, Sex, and Money, an anthology that received a stamp of approval from The New York Times. He’s also a former sex worker himself, a rare example of a man who earned his living pleasing older women. (The only common thread connecting his clients, he said, was that they all had money and “most felt powerless because they were housewives, bored, and rich.”)


One of the women who appeared in his book called herself Kat, worked on Craigslist, and had an elaborate screening process in which she would force potential johns to drive up to the location of the assignations, get out of their cars, and stand there while she examined them from a nearby window with a pair of binoculars. Kat refused to talk to anyone with a blocked number. She also chose not to text. If you sent her a photo of your genitalia, a common mistake among potential johns, you were out of contention. “She had developed what she called a ‘hooker’s radar,’” Sterry said. “The tone of the guy’s voice, his walk, she had learned how to instantly size someone up. And if the guy looked sketchy or too much like a toad, she would stop returning his phone calls.”


“People who think they’re going to eliminate prostitution or violence in prostitution by shutting down Craigslist are wildly deluded,” said David Henry Sterry.








Another Internet-era phenomenon that’s friendly to business and helps boost security for prostitutes and johns alike is “the mixer.” This is a cocktail party-like event at which “hobbyists”—the current euphemism of choice for high-spending porn aficionados obsessed with bonking their favorite screen stars—get to meet potential dates. No sex typically takes place on site, explained Daily Beast contributor Richard Abowitz, a chronicler of life in Las Vegas, where the parties frequently occur. “It’s more like a job fair,” he said.









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WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


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WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


bench craft company scam

WarioWare D.I.Y. games cover 2010 <b>news</b> | Joystiq

British mag NGamer put together a clever 2010 "year in review" of mainstream news using WarioWare DIY. Some of the referenced incidents may be obvious internationally, while others are quite UK specific, so we made a list of the ...

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

Bad <b>news</b> from freed detainee: The Jews used witchcraft on me at <b>...</b>

Bad news from freed detainee: The Jews used witchcraft on me at Gitmo.


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Wednesday, December 22, 2010

foreclosure report




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You've heard of "flipping" houses, well now there's "flopping." While the first was speculative, this one is outright fraud.



"Flipping" refers to when home values were rising so fast and the market was so hot that you could buy a house, slap on some new paint and fix up the yard and throw down some marble countertops and turn it around and sell it for a tidy profit.



Now that the bubble has burst and people are trying to offload all these houses, one of the ways they are doing it is in a "short sale" where the bank agrees to allow the house to be sold for less than the value of the mortgage. Doing so lets them avoid the costly foreclosure process and gets the bad loan off their books.



But what "floppers" are doing is pay a crooked appraiser to say that the house is worth even less than its real current market value. They then have a "straw purchaser" buy it, and then they turn around and sell it for what it's really worth.



The Federal Financial Crimes Enforcement Network (FinCEN) recently released a report indicating that mortgage fraud suspicious activity reports rose 7% in the first half of 2010, the terms "short sale" and "broker price opinion" showing up 827 times and 41 times, respectively.



THE TAKEAWAY: What this means for homeowners is that banks are making it harder to do short sales, preferring to instead go for foreclosure, even when it costs them more money. Several cases have come out where the bank has insisted that the short sale price was too low to allow the sale to go through, only to turn around and try sell the house at auction for less than what the short sale price was.



What you can do if your short sale is initially declined is try to convince the bank that the "auctionable cash-price," the price they can sell the house for at auction, is lower than what they think. Submit in one big packet at once any interior deficiencies, renovation costs, or engineering reports that you think will make the case. Include several different contractor estimates and bids and broker price opinions to help make your case.



For more information on preventing foreclosure, check out this Consumer Reports article.



Mortgage Fraud Suspicious Activity Reports Rise 7 Percent Increase in the First Half of 2010 Wary lenders denying short sales (Thanks to chiieddy!)

SIGTARP Quarterly Report to Congress April 20, 2010 (PDF)

Short Sale Denied; Advice to make Bank Reconsider?







bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

<b>News</b> Corp. Digital Sell-Off Continues With Fox Mobile Group <b>...</b>

The latest in News Corp.'s yearlong divestitures in its digital unit is Fox Mobile Group, which the conglomerate announced Wednesday was sold to Jesta Group. Financial terms of the deal were not disclosed. ...

Obama <b>news</b> conference: liveblog – CNN Political Ticker - CNN.com Blogs

Washington (CNN) -- President Barack Obama held a news conference Wednesday to discuss the lame duck session of Congress and plans for the upcoming year.

<b>News</b> Corp. Sells Fox Mobile Group To Investment Firm Jesta

It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.


bench craft company scam

Sunday, December 19, 2010

Making Money Secrets



“Rock 'n’ roll is art, but it also means sex, so it’s just the perfect combination -- especially for the young teenage girl. I remember when Mick Jagger lit me up when I was 15, and I thought, 'OK, I want some of that.' our relationship was purely sexual.”

Des Barres was motivated to log her experiences, and those of her pals, because she felt the word "groupie" had become something tawdry, especially as reality shows featuring rock stars looking for love in a house full of women looking for fame became the norm.

“For a real groupie/music lover, you’re not in it for money. You’re in it for the thrill of being with someone famous,” she said. “Sure, we loved the little bonuses. Being taken on the road, staying in really cool places, but the main joy was to be with this person. We all fell in love. There were relationships.”

Her cross-country journey took her to Utah to see Tura Satana, the woman who taught Elvis a few tricks in the boudoir; Seattle, where Robert Plant's muse Michele Overman resides; Chicago, the home of iconic groupie Cynthia Plaster Caster; California to meet Cassandra Peterson, who was a well-known groupie before becoming Elvira; and Arkansas, to visit the famous Connie Hamzy, known solely as “Sweet Connie.”



“Sweet, sweet Connie, doin’ her act / She had the whole show and that’s a natural fact,” Grand Funk Railroad sang in its song "We're an American Band."

Hamzy, unlike the other groupies, was never looking to build relationships. She was after sex, and she unabashedly shared intimate moments with virtually every rock star -- even their roadies -- who came through Arkansas.


“Look, we’re not hookers, we loved the glamour,” she clarifies in the film when pressed about her conquests. “We’re getting to hang with celebrities. I’m 55 years old, so I don’t do the things I used to. I don’t look the way I used to. There aren’t women who could do what me or Pamela does. How many songs on the radio have a gal's name in it?”

Sweet Connie never minces her words -- ever. She boasts that she’s bedded -- or serviced -- anywhere from 700 to 1,000 musicians and their crew guys. She says she still gets requests from bands, which she is happy to oblige. Though a lot of her anecdotes can't be printed in this publication, one of her favorite memories is of helping Don Henley join the "Mile High Club" -- with a little bit of help, albeit unexpected.

“I had my eyes closed, because that's what you do when you're making love, before feeling another set of hands on me and it was the pilot. Then I realized, who could be flying this thing? Don tells me not to worry, it’s on autopilot,” she said. “My only complaint is they didn’t ask me how I felt. I mean, it can’t be safe to put the plane on autopilot, can it?”

Hamzy admits she sometimes got attached to some of the stars, including Eddie Van Halen (she also had his brother, “but not at the same time,” she quickly points out).

“I think I let him slip through my hands. I did get attached to some of them. I feel in love with some of them. You build attachments,” she says before catching herself. “But it's pointless. They are here today, gone tomorrow.”

When pressed about relationships with married musicians, she lets out a hearty chuckle. “I was with some and their wives, at one point,  which I didn’t mind. Most of the times the wives detest me. But I will say if they think I’m the only one who’s ever done this with their husbands, then they are very naïve.”

Overman, who also dated a pre-Aerosmith Steven Tyler, puts it differently when she thinks of her teen years with Plant (ironically, they dated at the same time Des Barres was seeing another Zeppelin member, Jimmy Page).

“It was an instant attraction. And he was married, so you know, it didn’t last. But it lasted for three years. I just really liked him,” Overman said. “I really wanted a boyfriend. And when you’re that young, you kinda don’t think about the consequences of that sort of thing. You just think it’s all going to work out the way you want, and you will ride off into the sunset. But it didn’t.”

“Let’s Spend the Night Together: Confessions of Rock’s Greatest Groupies” airs Wednesday at 8:30 p.m. on VH1.


-- Gerrick D. Kennedy


twitter.com/gerrickkennedy


Photos: (Top left) Pamela Des Barres and Keith Moon.


(Top middle) Vintage Des Barres.


(Top right) The GTOs, a groupie group created by Des Barres that featured her, Linda Sue Parker, Lucy  McLaren, Christine Frka, Sandra Leano, Judith Edra Peters and Cynthia Cale-Binion.


(Middle left) Vintage Michele Overman.


(Middle right) Jimmy Page with Des Barres.


All photos courtesy of VH1.





Aaron Brazell notes, as many have, that it’s amusing to watch the apoplexy aimed at Julian Assange and WikiLeaks for posting stolen classified documents while his co-conspirators in the mainstream press publish them with next to no criticism.    But Aaron moves from this to make a more novel argument, namely that Assange is threatening to topple what’s left of the traditional media business model.


he media is on the sideline, their power usurped from this rogue operative with a rogue website. Instead of the New York Times or Washington Post benefitting from the receipt of leaked information as has been the case in their traditional past (see Watergate), an upstart “news organization” is stealing their thunder. Sure the Times and a variety of other media outlets were given the data eventually, but the arbiter of information was no longer them.


While the media wrings their hands over a contrived battle between the morality of publishing leaked, national security documents and preservation of national secrets, the bigger capitalistic battle is happening and that overshadows journalistic sense of responsibility.


The ability to be first is being tainted here. While Wikileaks promises to distribute new information, acting as a benevolent dictator, to news organizations, these news organizations are capitulating their responsibilities simply to make sure they have some crumbs off of Assange’s table.


No one, certainly, is suggesting that news outlets should become a lap-dog, as I have heard toss around, of the government, bowing to their every will and whim. Certainly not, lest we live in a Communist system. However, the media is expected to operate in a suitably responsible way.


In this case, the media knows that they are on the outs. In a last gasp of industry-pride, they have sacrificed themselves in a last-ditch effort to remain relevant. Put in another way, they have come to serve themselves instead of the people they exist to serve.


I’m not sure I agree with either part of this.


WikiLeaks and Newspaper Profits


First, it’s true that the Internet has been killing the old business model based on advertisements in printed copies.  And WikiLeaks is to some extent furthering this.  But, as it is, WikiLeaks is only important because hundreds of reporters from well established newspapers are sifting through the piles of mostly worthless documents to ferret out what’s interesting and distill it for their readership.


The upshot is that Assange is handing these papers mini-scoops and exciting stories to cover, thus boosting their bottom line.   By contrast, I haven’t the foggiest notion of how Assange is making any money off of this.


Now, it’s conceivable that Assange could bypass the Guardian, Times, and others and simply dump them out there for crowdsourcing.  Maybe Josh Marshall and the TPM gang or Arianna Huffington’s minions over at HuffPo would do the sorting, instead.   But right now, the threat to the mainstream media is minuscule at best.


WikiLeaks and Journalistic Ethics


Is the press here ignoring the real risks of going public with classified documents that could ostensibly cause real harm to their publics?  Maybe.  Then again, this is hardly the first time.   Leaks are the bread and butter of scoop journalism and they have been for some time.


Further, it appears — granted, we have nothing to go on but the publishers’ own accounts of the process — that the newspapers in question actually took the risks seriously, carefully vetting the information before going to press.   The NYT, especially, seemed to bend over backwards to get commentary from the US Government and to pass along any objections and their own redactions to other papers who’d received the dumps.


Beyond that, once Assange made the documents publicly available on the Internet, the only thing the editors would have achieved by refusing to report on what was in them was to lose money.  Someone was going to report anything of interest.


Turning full circle, I’d also note that there’s an important distinction between the conduct of the newspapers in question and of the WikiLeaks gang:  The former didn’t encourage the commission of crimes by those entrusted to protect America’s secrets and set up an elaborate conspiracy to make doing so easier.  Yes, they routinely cultivate sources with access to such information and happily abet legitimate whistleblowers.  But they’re not out to create anarchy just for the hell of it.






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