"The legislation lifts Securities and Exchange Commission restrictions on running advertisements soliciting new investors and permits “crowdfunding” so that entrepreneurs can raise equity capital from larger pools of small investors. Small private companies also would be able to sell up to $50 million in shares as part of a public offering before having to register with the SEC, and could have as many as 1,000 shareholders, up from the current cap of 500."
— House passes JOBS Act, sends bill to Obama - 2chambers - The Washington Post
"On these tough questions, the UWS proposal lays a goose egg. The City’s planners have lulled themselves into minimizing the effect that this one constraint (the storefront limitations) has on everything else. Price controls, minimum wage laws, and rent stabilization regulations also impose “only” a single restraint each. But aggressively applied, each can, in short order, wreck agricultural, labor, and rental markets respectively by blocking key profit-making strategies. These frontage limitations are equally dangerous. Tuyukhey never operate in isolation. Retail establishments have to worry about how to meet this requirement when faced with a myriad of other legal and business constraints."
— City Planners Run Amok | Hoover Institution
"This is Soviet/Chinese style Communism with a barely discernable veneer of eco-righteousness applied for Aesthetics. A world government, replete with monolithic, unyielding beauracracies and armies to enforce their mandates, micro-managing the behaviors of the masses."
Effective World Government Will Be Needed to Stave Off Climate Catastrophe | Observations, Scientific American Blog Network
effective world government… a contradiction in terms.
"California politicians seem delusional in their continued delusion that high taxes have not savaged the State’s economy. Each month’s disappointment is written off as due to some one-time event."
— Exodus: California Tax Revenue Plunges by 22%
"Garth’s new analysis shows that it’s the wife’s fame that really matters. While the husband’s NYT/ENQ ratio is mildly predictive, the effect is so much weaker than the wife’s that it’s not included in the new equation. Nor are some variables from the old equation, like the number of previous marriages and the age gap between husband and wife."
— A Refined Formula to Predict Doom in Celebrity Marriages - NYTimes.com
"He doesn’t need another cash drive. He does, however, need your business. He needs to stay at his stand and earn a living. He can do it. We must have talked for half an hour Thursday. When I got up, it was impossible not to notice. He still does a hell of a shine."
Larry the shoeshine guy falls on hard times again
Earning a living is a wonderful thing… it forces you to make good decisions.
"How the expensive bulb won a $10 million government prize meant to foster energy-efficient affordability is one of the curiosities that arise as the country undergoes a massive, mandated turnover from traditional incandescent lamps to more energy-
Government-subsidized green light bulb carries costly price tag - The Washington Post
curious… I’d say. Look to Philips lobbying efforts for one answer.
"His interview would have been almost flawless if he had not overlooked one big detail. Johnson was not wearing a JC Penny outfit for his interview and the anchor caught him. Oops."
Retail Guru Ron Johnson Dazzles In His First Media Controversy As JC Penny CEO
This is like Ray Lane doing a NYTimes photo shoot and neglecting to replace his Apple laptops with HP models.
"And, what’s true about Detroit is true about all of us. This country can’t be knocked out with one punch. We get back up, slip again, and send the video to our personal injury lawyer. And when we do - the world is going to hear the roar of our engines."
— iowahawk: A Fistful of Rebates