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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review

Facebook ‘Un-friends’ Our Increasingly Regulation-burdened Capital Markets

By Ron Hart




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


© 2010 Ron Hart

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