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May 25, 2012
Mark Clayton: Is Hillary's State Dept. hacking Al Qaeda? Not quite
Erika Bolstad: Temple cancels Wasserman Schultz speech
The Kosher Gourmet by Ethel G. Hofman: The former president of the International Association of Culinary Professionals, whose members included the likes of Julia Child, is back with contemporary Shavous cuisine: Ruby Fruit Soup, Sweet Noodle Kugel with Cheese, Key Lime Curd, Calsone Casserole Frittata with Wild Mushrooms, Sun-dried tomatoes and Olives, Baked Tilapia with Pepper Cheese Cream and Brown Sugar Shortbread
May 24, 2012
Jeff Jacoby: The peace process battered Israel's reputation
Michael Muskal: 'Pro-choice' position hits record low, according to poll
Chris Farrell: Are We in a Tech Bubble?
The Kosher Gourmet by Penelope Wall: PHILLY CHEESE STEAKS --- hold the steak!
May 23, 2012
Tony Pugh: More private colleges offering tuition discounts
Mary Beth Franklin: How to Choose the Right Annuity for You
Tina Susman: The wig wasn't enough: Man gets 13 years for posing as his dead mom
The Kosher Gourmet by Emma Christensen:A simple way to do fish right
May 22, 2012
Warren Richey: Can US group challenge overseas surveillance act? Supreme Court to decide
Thomas M. Anderson: Walking Away From a Mortgage
The Kosher Gourmet by Megan Gordon: Enjoy a celebration of the most rich and layered flavors: Black bean, sweet potato and quinoa chili
May 21, 2012
Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks
Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security?
Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF
Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy?
Guy Jackson : Victim's father regrets death of Lockerbie bomber
The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring
May 18, 2012
Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People
Steven Goldberg: 5 Great Stock Picks and the Exchange-Traded Fund that Owns Them
Mary Pickett, M.D.: Ask the Harvard Experts: Don't be forced into gluten-free lifestyle based merely on a doctor's false-positive test
The Kosher Gourmet by Carolyn Malcoun: DIY healthy lunchbox treats: HOMEMADE FRUIT BARS for kids and brown-bagging adults alike
May 17, 2012
Warren Richey: Teacher fired for being unwed and pregnant can sue religious school, court rules
Josh Mitnick: Netanyahu's 'centrist' coalition is already proving it's anything but
Steven Goldberg: Earn Dividends in Emerging Markets with This WisdomTree ETF
Amina Khan: Research links coffee to lower death rates
The Kosher Gourmet by Faith Duran : Cheesy Potato Breakfast Casserole with Cheddar and Sun-Dried Tomatoes
May 16, 2012
Carmen Terzic, M.D., Ph.D. : Mayo Clinic Medical Edge: A variety of exercises can help improve balance
Melissa Healy: National strategy on Alzheimer's disease aims to halt it by 2025
The Kosher Gourmet by Joyce White : GOODNESS GRACIOUS: GREENS! 4 winning recipes that are no longer just for down-home folks (Includes expert tips & techniques)
May 15, 2012
Kristen Chick: Obama administration resumes arms sales to Bahrain despite serious unresolved human rights issues. Activists feel abandoned
Pat Mertz Esswein: Homes are now affordable again and mortgage rates are low. What you need to know before you buy
Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments
Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again
The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES)
May 14, 2012
Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone
Harvard Health Letters: Heart disease and dementia
The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight
May 11, 2012
Jessica L. Anderson: Get the Best Deal on a Used Car
Jett Stone: Forget face-lifts and fake knees. Scientists have seen the fountain of youth --- and it's broccoli
The Kosher Gourmet by Chef Mario Batali: The famed chef's vegetable dish that tastes true to the season: FAVAS AND SUGAR SNAP PEAS WITH POTATOES AND TARRAGON
May 10, 2012
Sergei L. Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square
Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity
Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month
The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare
May 9, 2012
Sharon Palmer, R.D. How you can reduce your risk -- or delay -- chronic diseases associated with aging
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Jewish World Review
Facebook Un-friends Our Increasingly Regulation-burdened Capital Markets
By
Ron Hart
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http://www.JewishWorldReview.com |
Facebook really seems to have "legs." I thought the phenomenon of this social networking site would have slowed down a few years ago after folks reviewed my family reunion pictures from Dollywood, but I was wrong. Perhaps I will post pictures from my upcoming trip to Euro-Dollywood, which I think is in Alabama.
Facebook recently surpassed the 500 million member milestone. The prior record holder for having the most addicted users was vodka. Facebook is, potentially, equally compelling and destructive, but people love it. It gives everyone to chance to sleep with a person they always wanted to. How did we survive for so many years not knowing what our friends were up to or thinking at every moment? And if we want to know even seconds quicker, now there is Twitter.
Privacy has somehow become an antiquated notion. Facebook and the Internet have ushered in an age George Orwell warned us of in 1984. We are willing and even anxious to put things our parents would never tell anyone right on our Facebook page, for the all world to see. We do not even need spy organizations anymore. We publish birthdays, personal data, where we went, and what we did; we even tag ourselves and friends in pictures. Want my kids' names? Sure, here you go --- and I tagged them in a picture if that would help you kidnap them. I just hope I can pay their ransom on Facebook via PayPal.
On the outside chance of meeting someone of the opposite sex, we are willing, with precious little thought, to put it all out there. Facebook has even come under scrutiny for the compromising of our personal data by third parties. Facebook was concerned about this. It reasoned that, if anyone is taking your most personal information and selling it for a buck, it should only be Facebook.
Even the Department of Homeland Security seeks to keep tabs on all Facebook and BlackBerry communications. Since the government is never quick to figure out how to do things, I suggest the best way for the Feds to do this is to ask every dude's wife or girlfriend to demonstrate how they monitor all communications on their guy's cell.
Facebook has even become an important conduit for political actions. We saw its power in helping to coordinate the efforts of opposition forces that hosed Mubarak. Even French President Nicolas Sarkozy's password was stolen and his Facebook account hacked. (Or perhaps, in the proud French tradition, the password wasn't actually stolen. When some hacker asked for it, he just instinctively surrendered it.)
It has been reported that some countries are slow to yield to Facebook. I read a story that said the Japanese have been reluctant to flock to social media sites because "they are traditionally introverted and private" people. This conclusion was apparently reached by a person who has never been to a Karaoke bar, an American strip club, or watched Japanese contestants run the gantlet on "Most Extreme Elimination Challenge."
Sadly, the great mother of innovation that was once our country, that helped us create Facebook and Google, might no longer benefit investors. With the proliferation of cumbersome and often ambiguous American financial regulatory laws, companies like Facebook choose to let people in other countries invest in their growth, not Americans. Such was the case with Facebook's most recent offering where, instead of filing all the complicated paperwork and risking our litigation/regulatory system, it sold $1.5 billion in shares to Russian and other overseas investors, giving them what will probably be a hefty profit. All the layers upon layers of rules and regulations Washington has heaped on an already fragile financial system have hamstrung our competitiveness and sent jobs and investment money to friendlier shores.
Facebook's recent financing venture is a wakeup call. Russia, run by ex-KGB officers, is viewed as an easier and less intrusive regulatory environment in which to raise capital for America's finest companies than we are. They will make a huge profit on an investment that, just a few years ago, U.S. investors could have reaped. That Russia, a country which once crumbled under the weight of its own immense bureaucracy, is now less regulated and more business-friendly than ours, speaks volumes
If Ronald Reagan knew that we would head toward socialism and our Cold War adversaries would go from communism to capitalism, he might have altered his famous line: "Mr. Gorbachev, reinforce this wall!"
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JWR contributor Ron Hart grew up in Tennessee and began writing a column for his hometown paper in 2002. He attended The University of Memphis and the Institute for Political and Economic Systems at Georgetown University. Ron graduated Magna Cum Laude and was elected student government president. Upon getting his MBA, he went to work for Goldman Sachs. He was appointed to the Tennessee Board of Regents by then Governor Lamar Alexander and is now a private investor. He appears on CNN and has been quoted in numerous publications including the Wall Street Journal.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
Previously:
• Egyptians Unfriend Mubarak
• Hold 'em liable --- the colleges, that is
• Follow your Hart in a look back at 2010
• GOP wins in showdown
• WikiLeaks --- Danger or Disinfectant?
• The Angle of the Rangel
• Where We Let Terrorists Really Hurt Us
• Time to starve the spending beast
• The TSA: We Do Chicken Right!
• A Red Wave
• No Juan Left Behind at NPR
• Capitalism in Time Saves Mine
• The Broader Picture of What These Elections Mean
• Dem-moralized: Dead Fish taken to the trash cant
• Ships Passing in the Night
• Obamanomics continue to add up . . . for Republicans
• She had Tiger by the tail: If Elin did not get Tiger's money, Obama would have
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© 2010 Ron Hart
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