shouldn't someone magically bring me a cupcake on cupcake day?
- JSNFLMNG
Perhaps I should clarify: Cupcake is the new OS release for my phone... However, I now want an actual cupcake to go with it.
- FFing Enigma (aka Tina)
OK. I know there's always one, but I don't eat cupcakes. There I said it.
- Ian May
yes a cupcake does sound good..os or snack wise
- (jeff)isageek
Anyway, it's always some 'day' or another. Dreamed up by marketeers, to try and persuade folks like me to give up my frugal ways, and waste my money on something I really don't need.
- Ian May
Only the lucky ones will get 1.5 Cupcake upgrade today. T-Mobile said it will be a random roll out. Everyone will have it by month end. Since it's random, it could be today or as late as the end of the month! Sucks, I know! I can't wait for Cupcake too! (Fingers and toes crossed)
- Brian
And today is Limerick Day. Do you like cupcakes or limericks better?
- Ramona
depends, what flavor limerick? I wonder if you can limerickroll someone.
- Terry Bruce
from email
Don't tempt fate, Terry Bruce. It may just happen.
- Lucavex Ayanami
tempting fate is one of my super powers... along with changing street lights just by looking at them.... long enough.... I didnt say they were good superpowers... more like thirdwave superpowers.
- Terry Bruce
from email
nice sound, and I would be interested in participating in the skype call
- JuneM
That comment made me smile as well, maybe a website of eds wild and wonderful sayings is in order.....
- Groobers
It still doesn't beat "Poo Poo Head" I still chuckle about that one..
- Groobers
Groobers: definitely. Sausage and Sweet. Poo Poo Head. Shows how true Ed's recent message about being yourself. It was re twitter, but it applies elsewhere too. I'm so glad I'm following Ed the fashionista.
- Isha (Marysia)
Another one I love, actually not sure if Ed said it or someone else, but they said on Twitter it should read "What I should be doing now....." that is so true, as I've often thought my name should have been Sally Sidetracked..
- Groobers
Well I can procrastinate no longer, wish me luck, I have a date with a Squidoo Video, Day 11 here I come!
- Groobers
Sausage or sweet? How funny - suppose that is an over-balance of too much protein.
- Lisa
I'm really looking forward to it. With SWBN gals, June & Kath, this is getting to be a really good meal. Sorry I took it off-topic!
- Isha (Marysia)
What an awesome idea Ed...looking forward to it
- Cheryl Louden
"# Can’t afford a white label social network for your corporate intranet? Leverage FriendFeed’s real-time option in the same way you would use a Facebook group. Create a room, invite your employees to that room, and create the content you wish. Foster communication with your staff and let them join the conversations on the feed itself — which can be embedded in on the intranet site. # Create a room that would attract, or to which you could invite, your ideal customer or prospect. Create conversations in which they can interact and embed this on your corporate Web site. Monitor the conversation (note: monitor not control) and welcome other visitors to your Web site to engage in these conversations."
- Paul Buchheit
from Bookmarklet
Paul - I created a couple rooms to prep for election coverage in the US with colleagues abroad/foreign journalists; seemed like a great way to track story dvlpt, and share ideas...however, the pagination link at the bottom of the page is missing so that older posts cannot be accessed from my rooms, effectively shutting down the usefulness. Sent feedback to FF wks ago; Ana replied that it would be fixed...Abandoned the rooms concept for this project, but I see the potential for media collabs.
- Maryam
Maryam, the paging problem should be fixed now. Please let me know if you spot any more problems.
- Paul Buchheit
Paul, I've created the room for our company and educated the folks. Another login id was the major blocker though. Did I say openID? Anyway, we use FF more and more instead of these mail lists. Add ssl support and we may eventually shift even more discussions from trac and email to FF.
- ǝuǝƃnǝ
Fantastic-thank you, Paul. I'm excited to bring co-producers on here; FF's great for developing content and sharing the thought process in dvlpt w/partners
- Maryam
I created a room for Nelnet a few months ago and couldn't get folks to nibble...too fearful of the socnets; even though was created as a private room. I can barely get collaboration on our internal private Atlassian Confluence Wiki and Sharepoint sites sometimes... augh!
- Susan Beebe
This is how I am using FriendFeed with our PR firm. It lets people collaborate and share info with our internal employees without forcing e-mail threads. We're also pulling in RSS feeds.
- Louis Gray
Louis - awesome, especially the RSS part!
- Susan Beebe
Since I only recently became an ex-Republican, I still get Republican mailings. Each one seems to be about 16 years out of date. The one I'm looking at now says "Our Constitutional Rights Have Never Been In Greater Danger". Ironically, it's Bush who has trampled on constitutional rights the most.
curious -- what was it that made you detach yourself from the republican party? was it one thing/specific issue or a combo?
- Cee Bee
Cee Bee, mainly I'm embarrassed about our position in the world - relating to the Bush doctrine and American imperialism. Oh, and I want a president and VP who can both pronounce "nuclear" correctly.
- Mike Reynolds
Hi Rob:), i've only just finished the #30DC myself, but am carrying on with internet marketing, so if you need any advice, ill be happy to help out as much as I can;)).
- Elliot Webb
If I could, I'd kick the people who are blaming this mess on the Democrats in the privates. IT DOESN'T MATTER WHO'S POLITICAL ASS IS TO BLAME FOR THIS. It only matters how to fix it and prevent it from happening again. You are either part of the problem or part of the solution...
It's election time too, so partisan point scoring is outweighing working together to save the US economy. It's a sad case of politicians failing to remember that they serve the country first, and their intrinsic politics somewhere near last. When the desire to talk politics exceeds the desire to fix the country, it's time to get rid of those politicians.
- Mo Kargas
And people who are part of the problem need to start resigning. On both sides of the aisle. This culture of nobody taking responsibility for anything needs to end, no matter how many capital letters you use.
- Chris Baskind
@Geoff, Nancy P. definitely didn't help the cause. Not completely her fault though. She didn't get her into this mess.
- Aaron Strout
Who care anymore. Stop the partisan/election crap and solve it. No more blaming, sit down and rectify the situation before the ecconomy totally goes downhill.
- Molly, "sorry"
LOL, too true Bill. Oh and Aaron that was an obvious troll by Geoff. He was just having a bit of fun.
- Alex Scoble
@ John Worthington Last count 60% of Republicans opposed the measure and only 40% of the Dems. I think both sides of the aisle are trying to make it to re-election instead of fixing the problem
- Lorraine Ball
You have my authorization, as powerful as that may not be, to go and do it, Jody.
- Alex Scoble
Once upon a time, it was rare for the Speaker to even engage in floor debate. *sigh*
- Andrew Feinberg
the solution is do the right thing... not the wrong thing. more important: hey Alex... help me stalk your brother. Question. on closed friendfeed accounts. once a person is admitted does he have access to say Robert Scoble's ff RSS? it is hypothetical of course... but u say ur into security... well here is a more important question then federalizing our entire econo
- Noah David Simon
Alex - everyone's pointing fingers in both directions. It's wrong. It's opportunist.
- Charlie Anzman
my problem is why did the government allow Fannie, AIG, Lehman etc.get so damn big.I fear big biz as much as a I fear big gov! I'm paranoid of both sides.
- Noah David Simon
The root of the problem is that the government made widespread home ownership a public policy goal. If a bank isn't willing to lend someone money, and their family isn't willing or able to do so, then that should be the end of it.
- Rob Sterling
@Rob, no. No it isn't. The problem is that Phil Gramm and the Republicans deregulated the finance industry and allowed them to create complicated monetary instruments which were not well understood and became a shell game of selling and reselling debt. As soon as the risk associated with a mortgage loan was removed from the creators of the loan, they felt free to break all the rules. http://twurl.nl/wm4rlf
- Jason Carreira
There's some out there that want to take it to a pre-Civil War era 1854 argument of everything being the fault of minorities. Really? Are we really that snobby in this country? I mean, I know we're super-prudish, but snobs and bigots too? Seems like we could be better than this.
- Pete Delucchi
@Gregory, reminds me of what Nader was saying in 2000. His assertion that Bush and Gore were the same seems criminally negligent now.
- Jason Carreira
@Alex - Do you also feel that way about the folks trying to blame it on the Repubs? Probably (because I have found you to be intellectually consistent even if I don't always agree) but even comments in this thread will show that folks will use this for blame.
- Soulhuntre
from twhirl
@Soulhuntre tell me how this is not Phil Gramm's fault. I'll wait.
- Jason Carreira
I agree, Alex, let's prevent it from happening again by making sure that Obama can't destroy what's left of the economy via his tax hikes and massive spending plans.
- Dawn
Rob said it best. When government made home ownership a policy goal and forced lenders toward bad lending practices and then secured the loans (which they bought 3 and 4 times) that caused the problem.
- Keith - @tsudo
@Jason C. -- Phil Gramm's legislation, WHICH BILL CLINTON SIGNED in 1999, made it possible for people to do banking, such as getting money from an ATM machine, across state lines. It has nothing to do with the housing meltdown that was caused by Democrats and is at the root of this crisis.
- Dawn
BTW, Jason your statement that "As soon as the risk associated with a mortgage loan was removed from the creators of the loan, they felt free to break all the rules" is absurd. Mortgage loans have been sold and resold for decades.
- Dawn
Phil Gramm's RIDER which he added to another piece of legislation, made the CREDIT SWAP MARKETS completely unregulated. Do credit swaps sound familiar? They should. Warren Buffet called them "Weapons of Mass Economic Destruction" 5 years ago, and proved prophetic because it was exactly these complicated financial instruments which allowed the bad mortgage debt to spread around and bring down most of Wall Street.
- Jason Carreira
Yet Alex, there are still Dems trying to blame Repubs. Care to defend the righties too?
- Shey, Jamaican of FF
I mean don't say this to antagonize but I've had several discussions with your Jason and you always link to liberal blogs. People saying the same thing as you is not necessarily proof.
- Keith - @tsudo
The changes in underwriting standards were pushed to accomplish what many called a "noble goal" -- an increase in home ownership among poor and minority Americans -- but the changes created a time bomb that was set off as soon as property values began to decline. The new rules involved eliminating verification of income or assets, little assurance of the ability to pay the mortgage, and virtually eliminating down payments.http://tr.im/4mc
- Keith - @tsudo
That's still bullshit though. Do you HONESTLY think that all of these companies are failing because of the volume of mortgages given out to low-income borrowers? Exactly how did that fell AIG, seeing as they do not actually underwrite mortgages? If you don't believe me, go search for yourself for "The Commodity Futures Modernization Act". It was a rider added by Gramm to an Omnibus spending bill that banned Federal oversight of the credit swap market (which is 3x bigger than the stock market).
- Jason Carreira
Do your own research, don't just buy the talking points from the Repub side. Bad mortgages to low-income borrowers were a small drop in the bucket. Do you have any stats to backup saying that was the main cause? Do you have foreclosure rates vs. income levels? Do you have mortgage volumes? I've researched my claims, have you?
- Jason Carreira
guys. the problem is *trust* there is just as much cash today as there as a month ago. it doesn't disappear. right now, no one wants to part with their cash. so overnight lending stops. and when that happens a whole bunch of investment banks lose the 'float' that covered the bad paper they hold. we gotta get rid of the paper. then trust will return.
- MikeAmundsen
Mortgage backed securities are the link to these major firms. They were wildly profitable and they were guaranteed by Freddie and Fannie.
- Keith - @tsudo
Alex is right. Ignore history. Don't bother trying to learn how this mess was created. Just trust the people who made the mess to make it all better. I can't help but notice your statement wasn't "Democrats and/or Republicans."
- ComicList
The bill never passed. Even Wikipedia (which is always true) states the it was never even debated. It never made it out of committee. No bill, no vote, nada.
- Keith - @tsudo
See the Wikipedia article I posted. It didn't pass as a stand-alone piece of legislation, which is why Gramm included it into a huge omnibus spending bill.
- Jason Carreira
You linked to a youtube video as evidence? Seriously?
- Jason Carreira
Published: September 30, 1999 "In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will...
more...
- Dawn
Show me the evidence that this was a significant contributor to the current economic crisis.
- Jason Carreira
Did you even see his research. It is impeccable. The video begins by Democrats talking about the mortgage crisis as the root cause of our problems today.
- Keith - @tsudo
So Chris Dodd was wrong? lying? ignorant?
- Keith - @tsudo
...and you're not interested in evidence-based debate. Mmm'kay. Well, here's this anyway: "Most important, the lenders subject to CRA have engaged in less, not more, of the most dangerous lending. Janet Yellen, president of the San Francisco Federal Reserve, offers the killer statistic: Independent mortgage companies, which are not covered by CRA, made high-priced loans at more than...
more...
- Jason Carreira
Jason: The evidence?? Do you not understand what this bailout package is? It's buying $700 billion dollars worth of bad housing loans. These bad loans are what are clogging the financial system. What Democrats did via Fannie Mae and Freddie Mac is not only "a significant contributor" it's the smoking gun.
- Dawn
The article clearly states how subprime mortgages are at fault for the problem, it merely disputes the issue on the governments role and lays blame at the feet of corporate greed. Did banks do it to make money? Absolutely. But why was there so much money to be made?
- Keith - @tsudo
The responsible limits of lending were encouraged by the gov to non-existence and then the gov back the mortgages. Major profit, pricing inflation, and suspect lending took over.
- Keith - @tsudo
Again, the issue is not that CRA was the direct cause it only had to create an environment for insanity. Pure logic reveals a 1+1 relationship that leads to our current situation.
- Keith - @tsudo
You're wrong in saying this has to do with the CRA and low-income lender mortgages. It has to do with the fact that the mortgage originators could protect themselves from the risk of bad loans by selling securitized mortgage-backed instruments to other institutions on the credit swap market that Phil Gramm made unregulated. The credit rating agencies were unable or unwilling to realistically assess the worthiness of those instruments. It had nothing to do with low-income mortgages.
- Jason Carreira
CRA was passed in 1977. It didn't create this mess. See the quote above: "Independent mortgage companies, which are not covered by CRA, made high-priced loans at more than twice the rate of the banks and thrifts." Those independent mortgage companies were not bound by CRA. CRA is a red herring thrown up by Republicans to cover their own culpability.
- Jason Carreira
The is obviously going nowhere. I refer you to one of the best living economists on planet earth. Give Thomas Sowell a try. Bankrupt Exploiters Part 1 http://tr.im/4mv and 2 http://tr.im/4mw
- Keith - @tsudo
Why Credit Swap markets be so profitable and skyrocketing if the mortgage back securities they were swapping weren't so crazy? In the end you are saying, Goverment regs (CRA) cause problem, lack of gov regs (swaps) caused problem so the answer is Gov regs and bailout?
- Keith - @tsudo
Government is the problem not the solution. More regulation solves nothing and the should stay out of the market. A bid you goodnight.
- Keith - @tsudo
Jason... you quote is proving my point. Lenders didn't have to be arm twisted by CRA. Once CRA created the environment for inflated prices and guaranteed loans everyone jumped into the pool.
- Keith - @tsudo
How about a warning from the best practical economist out there, Warren Buffet, who said " Derivatives are financial weapons of mass destruction" http://news.bbc.co.uk/2...
- Jason Carreira
We both know that there were significant changes to CRA in 1995. I don't blame the 1997 bill I think it was the changes in 95 that sent us on a the tailspin. Look at some of the numbers in that youtube vid.
- Keith - @tsudo
So you're saying it too 13 years? And you're ignoring the evidence I showed you above? Ok, sounds intellectually honest.
- Jason Carreira
They might work if they weren't betting on a government inflated market.
- Keith - @tsudo
What evidence am I ignoring since you just called me a liar. Every notice you can't have a conversation without insults or cursing?
- Keith - @tsudo
You ignored a quote from the president of the San Fran Federal Reserve saying that this was specifically NOT related to CRA. You ignored Phil Gramm's part in this. In it's place you offer a youtube video. Yes, that's intellectually dishonest.
- Jason Carreira
I've now read 5 articles on credit swaps and all from left leaning mainstream media sources and financial journalism sites (Newsweek, Money Morning etc..) and all their articles on Credit Swaps never mention deregulation as a problem.
- Keith - @tsudo
Apparently this has been going on since the late 80's and many say that the unfortunate fact is that regulation is probably coming to this market now.
- Keith - @tsudo
I'm done. You're not interested in evidence or rational debate. You heard from talk radio that it's poor people's fault and you're sticking to it. Have fun with that.
- Jason Carreira
A betting game is a disaster when the game is fixed. The gov fixed the market.
- Keith - @tsudo
It is not poor people's fault. It was irresponsible lending and greed on the part of lenders and buyers.
- Keith - @tsudo
I offer a video that comprises the best research I've seen to date and I specifically addressed that quote.
- Keith - @tsudo
I'll requote it and address since you are entirely missed my comments apparently, "Independent mortgage companies, which are not covered by CRA, made high-priced loans at more than twice the rate of the banks and thrifts. With this in mind, Yellen specifically rejects the "tendency to conflate the current problems in the sub-prime market with CRA-motivated lending.? CRA, Yellen says, "has increased the volume of responsible lending to low- and moderate-income households"
- Keith - @tsudo
the mortgage companies got involved in a very profitable market. Once with inflated home prices where you could lend to anyone and be guaranteed by the fed. What part do you disagree with? Inflated home prices? Relaxes lending standards? or fed back mortgages? I guess I'm confused.
- Keith - @tsudo
wikipedia quote "Some economists and financial experts have wondered if the Community Reinvestment Act was - or at least had become - essentially irrelevant, because it was not needed to force banks to make profitable loans to a variety of lenders.[12][13] Economist Howard Husock writes that a CRA-connected community group The Woodstock Institute found in a survey in the Chicago-area...
more...
- Noah David Simon
"Austrian economist Thomas DiLorenzo counters Gordon's statistic by arguing that even if half of the subprime loans were made by non-CRA companies, the CRA had still caused tens of billions in defaults on mortgages by unqualified borrowers. He further states that Gordon's statistic ignores that independent mortgage companies are middlemen who sell subprime loans to banks that are in turn regulated by the CRA"
- Noah David Simon
I would conclude that CRA is part of the problem... and that it wouldn't be a problem if it weren't many factors. one thing I don't get is why there aren't more loan companies. if there were a bunch then they might use differing strategies? am I right? (asking not telling) ....ps. I will delete these comments if they get in the way of more informed argument. I'm just curious
- Noah David Simon
Jason... I think it is unlikely that CRA isn't a part of this... the question is can a system be maintained differently where CRA isn't a nuisance. We *WANT* to help poor folks. no doubt.... but CRA is in question. How else can we make sure people have opportunities to better themselves? Perhaps this CRA didn't work and we need to find other ways to help the ghetto like bringing companies in because they don't have regulations in poor neighborhoods?
- Noah David Simon
Yes, I shouldn't have singled out people who were blaming Democrats in the post. But to anyone who read that and thought I was only harping on those blaming Democrats, I'm gonna come kick you in the privates too. Just sayin'!
- Alex Scoble
"Women who found their current job through a close relative like a parent or sibling earned $32,691 a year on average, researchers at the University of Oregon found, while those who landed a job through a close friend earned $28,546. Those with no previous connection to their employer pulled in just $19,415 annually. Men, meanwhile, didn’t enjoy any salary benefits from their personal grapevine. "
- Clare Dibble
Since I'm already signed up, am I automatically a tester? If not, sign me up!
- SusanVillasLewis
are you a 30DCer, Susan? how cool! I'm one of Allison's partners in the SWBN. I LOVE your blog and writing style! will definitely keep you in mind for beta testing :-)
- Barb Sabathil
I probably shouldn't laugh, but it seems funny that even the big guys run into difficulties sometimes. Makes me feel a hell of a lot better!
- Frans
I tried to buy, put all my details in and it went through to an odd looking page, there was no email confirmation so I don't know if my order went through or not. I contacted them through their site and no response. Not great
- Subrideo Ltd
from twhirl
Okay, I'm totally pandering for votes here. I'll kiss your babies if you have them. My site is nominated at Divine Caroline for fave Career & Money site. I'd be ever so grateful for your vote - even if it is simply out of pity. LOL: - http://www.divinecaroline.com/awards...
i just clicked morgan's link...funny
- Admiral Anika
comment on the original thread: "the aristocrats!" a+ for you
- Justin Bowes
you would never get a picture of Obama and Biden doing that... now would you? Maybe because Obama and Biden don't like each other enough to get near one another. Two people stand close to each other and you keep on clicking you will get something unflattering if you look for it. try it with your mother and a video camera.
- Noah David Simon
of your mom Sally? Is she giving your dog a blog job?
- Noah David Simon
oh so we can only be lewd in a BLUE STATE way? heeeeeeePaaaaahCraaaahSeeeeeeee!
- Noah David Simon
my bad. perhaps we see eye to eye then. lol
- Cee Bee
ace? can you see me? where you been? I haven't finished with you yet either. you want to get offensive? you want to take a walk on the other side? he he... I'll be waiting for you
- Noah David Simon
My comment wasn't towards the OP, and I now remember why I had the other individual on ignore, sorry bout that...carry on. ;-)
- cmiper
The insult wasn't cool at all, that isn't what friend feed is about. Easy ace...
- orionstarr
problem with ignores is that the thread makes no sense. ....now about fucking your moms with a Dog and Milkbone
- Noah David Simon
BRING ON THE PAIN PEOPLE! Bring on the LIES and the double standards. This is all about you doing to Palin what you think you have Republicans pegged for. YOU DESERVE TO BE TROLLED!
- Noah David Simon
Dude. This isn't a huge political discussion, it's just a funny pic. If you don't think the pic is somewhat funny then you've got a problem. I'm not hesitating to block you for a second, if you want to troll go to 4can and get the hell out of FriendFeed.
- Brandon Titus
is this just a funny picture? http://bp1.blogger.com/_TKi7iM... you people think you are above it all.... but in the end you are Sexist Palestinian Sympathizing NAZIS. You have an agenda of power... and you hide behind calling other people labels. MLK was a REPUBLICAN
- Noah David Simon
Palin looks older from the side. She needs to avoid those profile shots.
- Jason Shultz
from twhirl
Yeah right like grandpa's got it in him anymore
- Geoff Schultz
McCain is everyones grandpa. Pixelated and out of touch reading you his xmas cards across the kitchen table from relatives you don't even know you have at 1wpm
- Geoff Schultz
and this doesn't register as mean spirited at all to you peeps? I wish this weren't just on friendfeed so I could goose your sisters. All a joke you know.,
- Noah David Simon
The #30DC is like the Olympics, bigger and better every year, and like the Olympics makes a champion of all participants...Thanks again @Ed_Dale Ed and his gang for the 30DC 2008. It's been a wonderful experience,