Markets In Everything: Domain Names

It seems that where anything is bought and sold, certain rules are true:

A new index launched on Wednesday shows for the first time that even domain names can offer a window into the economy, just as stocks do.

The first-ever domain pricing index, which was created by economist Dr. Thies Lindenthal, joins the ranks of similar economic indicators that track everything from consumer products and homes to truck loads.

Domain prices rapidly gained in value from 2006 through 2007 before peaking in September of that year prior to the recession. Not surprisingly, so did the Nasdaq.

Shortly after, when valuations across the board started to fall, both tumbled. The biggest drop was in the heart of the recession between September 2007 and January 2009, with the IDNX and Nasdaq sliding about 31% and 50%, respectively.

Both started to gradually rebound in the first half of 2009 and now sit at their highest valuation since the IDNX began tracking domains in 2005.

While the two are neatly aligned, the IDNX always seems to stay ahead of the Nasdaq and remains stable when compared with Google (GOOG), showing it is less volatile in the face of severe economic headwinds.

When the Global Is Warming And Then When That Same Global Isn’t

So, I can remember sitting in the corporate cafeteria in Minneapolis in 1998.  I remember eating my pizza and reading the Star Tribune.

I was fascinated by an article that was discussing the warming of the temperatures and the impact it would have on Minnesota.  It would turn the northern pine forests into grasslands.  Even a shift in a few degrees would be enough to change the way the landscape looked and behaved.  It would take years, but the impact would be unmistakeable.

I also remember discussing this with friends and family.  Some would disagree that we were getting warmer [though I felt things were changing even as a kid; we were getting much less snow as I grew older], others felt that while we were warming, the degree of warming would not cause the changes being discussed.  Others yet felt that yes, we were warming, but the pattern was predictable.  Nature changes.

Now fast forward to the current Global Warming debate.  I have always been interested in the topic and did my own reading.  Over time I’ve landed on the “Denier” side of the dabate.  And I’ve always felt a little uncomfortable there.

Until I bumped into Coyote.  Double Ivy, small business owner and Libertarian.

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Who Can Vote

Ya know, there’s been a lot of back and forth among folks on either side of the aisle concerning Voter ID laws making their way into state houses around the country.  With the massive Republican win in 2010, control of state government swung hard right.  And using those majorities and governorships, the GOP is passing laws that would restrict voting.  Now, the restrictions are common sense and are reasonable.  Basically, you have to be a citizen.  Crazy talk I know, but nothing will get a bunch of statists up in arms like a good government regulation!

Wait.

But serious.  Think about voter id laws and the reaction to ’em.  It goes back to the days when polling places, cities, counties and even entire states tried to prevent black people from voting.  For no other reason than they were black.  We’re stuck there.  We can’t escape from there.  Talk about requiring some burden of proof and the immediate reaction is the usual “Tea Party is racist!” meme.

Nonsense.

But here is something that will REALLY get the Left up in arms.  If we’re gonna restrict voting, restrict it on the basis of your Federal Tax burden.

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Their Fair Share

The debt ceiling rhetoric is really building steam.

As we get closer and closer to the date when the debt rises above the debt ceiling, the guys on each side continue to ratchet the discourse.

Of course I don’t think that we’ll not raise the limit.  And, even if we don’t, there is no way that we don’t pay our debt servicing.  So this whole thing is a little silly.

But I like the debate and I like the discussion being had in the offices and the coffee houses and the dance studios.

When we have Obama claiming that he can’t guarantee that old people will get their Social Security check.

“I cannot guarantee that those checks go out on August third if we haven’t resolved this issue,” says Obama.

“There may simply not be the money in the coffers to do it,” said the President.

Interesting thins are gonna be said by the everyday people.

But, back to the discussion.  I still don’t get the Left’s rallying cry that the rich “have to pay their fair share!”

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Tribalism

We have come to the point where the pendulum can’t swing any further “our way”.  We are going to have to begin to compromise.

This is a list of Senators, ranked by their conservative/liberal slant in 2010:

Barrasso WY R
Chambliss GA R
Cornyn TX R
Crapo ID R
DeMint SC R
McCain AZ R
Risch ID R
Thune SD R
Coburn OK R
Wicker MS R
Enzi WY R
Bunning KY R
Roberts KS R
Hutchison TX R
Sessions AL R
McConnell KY R
Hatch UT R
Inhofe OK R
Isakson GA R
Vitter LA R
Kyl AZ R
Shelby AL R
Ensign NV R
Graham SC R
Cochran MS R
LeMieux FL R
Corker TN R
Grassley IA R
Burr NC R
Alexander TN R
Bond MO R
Johanns NE R
Bennett UT R
Gregg NH R
Brown, Scott MA R
Murkowski AK R
Lugar IN R
Snowe ME R
Collins ME R
Voinovich OH R
Nelson NE D
Lieberman CT I
Tester MT D
Baucus MT D
Warner VA D
Lincoln AR D
Pryor AR D
McCaskill MO D
Webb VA D
Bennet CO D
Hagan NC D
Udall, M CO D
Nelson FL D
Landrieu LA D
Feinstein CA D
Begich AK D
Klobuchar MN D
Rockefeller WV D
Feingold WI D
Kohl WI D
Boxer CA D
Cantwell WA D
Conrad ND D
Shaheen NH D
Dodd CT D
Kerry MA D
Carper DE D
Specter PA D
Bingaman NM D
Dorgan ND D
Harkin IA D
Johnson SD D
Merkley OR D
Akaka HI D
Durbin IL D
Inouye HI D
Murray WA D
Casey PA D
Franken MN D
Udall, T NM D
Lautenberg NJ D
Menendez NJ D
Gillibrand NY D
Reed RI D
Schumer NY D
Brown, Sherrod OH D
Cardin MD D
Leahy VT D
Levin MI D
Mikulski MD D
Reid NV D
Sanders VT I
Stabenow MI D
Whitehouse RI D

No one is out of order.  Every single Republican is more conservative than every single Democrat.  And every single Democrat is more Liberal than every single Republican.

Damn.

The President’s Weekly Radio Address: July 9, 2011

Remarks of President Barack Obama
Weekly Address
July 9, 2011
Washington, DC

Earlier this week, we did something that’s never been done here at the White House – we had a Twitter Town Hall.

Dude, there’s a really good reason that’s never been done before.  Ahh, I mean other than the fact that no President has been President when Twitter was around.  It’s because Twitter Town Halls are for Lindsey Lohan, Beonce and Advice On #IWouldNeverStandForThatKindaNonsense.

Serious dude, Twitter Town Halls in the White House?

I even sent my first live tweet as President.

This is the thing a 7 year old says.  Not a President of the United States of America.

You are not running for American Idol.

The questions at the town hall were sent in from across the country and covered all kinds of topics – from jobs and the economy to education and energy.

Lots of people also submitted different versions of another question.  They’d start by saying that our politics has grown so contentious.

I wonder who they’re talking about Mr. #NotSoContentious man?

Then they’d ask, When will both parties in Congress come together on behalf of the people who elected them?

That’s a really important question, and it goes to the heart of a debate we’re having right now in this country – and that’s the debate about how to tackle the problem of our deficits and our debt.

Now, there are obviously real differences in approach. I believe we need a balanced approach. That means taking on spending in our domestic programs and our defense programs. It means addressing the challenges in programs like Medicare so we can strengthen those programs and protect them for future generations. And it means taking on spending in the tax code – spending on tax breaks

Have I told you how much I enjoy that?

and deductions for the wealthiest Americans.

But I also know that Republicans and Democrats don’t see eye to eye on a number of issues. And so, we’re going to continue working over the weekend to bridge those gaps.
The good news is, we agree on some of the big things. We agree that after a decade of racking up deficits and debt,

Dubya.  You still can’t let go of that whole “partisan game-playing in Washington” thing, can ya?

we finally need to get our fiscal house in order. We agree that to do that, both sides are going to have to step outside their comfort zones and make some political sacrifices. And we agree that we simply cannot afford to default on our national obligations for the first time in our history; that we need to uphold the full faith and credit of the United States of America

Do you know that even if we don’t extend the debt limit we won’t default?

With a recovery that’s still fragile and isn’t producing all the jobs we need, the last thing we can afford is the usual partisan game-playing in Washington.

See?

Mr. President, with all due respect, I would submit that you are the last person, in Washington, to suggest that we should set aside the “usual partisan game-playing in Washington” bit.  I mean, do you remember the whole “we won” thing?  Yeah…..I do.

By getting our fiscal house in order, Congress will be in a stronger position to focus on some of the job-creating measures I’ve already proposed

Nice deek.  Congress.

Oh, and I really like the whole “job-creating measures I’ve already proposed” bit.  Well played.

– like putting people to work rebuilding America’s infrastructure,

Huh?  We can do that now.  The monies we take in for roads and bridges can cover the repairs to our roads and bridges.  We just aren’t spending it on roads and bridges.

or reforming our patent system so that our innovators and entrepreneurs have a greater incentive to generate new products,

Yeah…patents.  THAT’S what’s holding us back!

or making college more affordable for families.

College s the next bubble.  Watch.

And businesses that may be holding back because of the uncertainty surrounding the possibility of a default by the U.S. government will have greater confidence to invest and create jobs.

No.

No.  Business is not holding back due to uncertainty surrounding default.  You got the uncertainty right, but you missed the whole “why” part.

I know we can do this. We can meet our fiscal challenge.  That’s what the American people sent us here to do. They didn’t send us here to kick our problems down the road. That’s exactly what they don’t like about Washington. They sent us here to work together. They sent us here to get things done.

Right now, we have an extraordinary – and extraordinarily rare – opportunity to move forward in a way that makes sure our government lives within its means,

What ARE you talking about?  We have this opportunity virtually every day.  Just quit spending so much frackin’ money!

that puts our economy on a sounder footing for the future, and that still invests in the things we need to prosper in the years to come.

 

And I’m hopeful that we will rise to the moment, and seize this opportunity, on behalf of all Americans, and the future we hold in common. Thanks everyone, and have a great weekend.

Jon Stewart Winked

So, last we spoke about Jon Stewart, I was complaining that he let Weiner off the hook.  I made mention of this fact because I felt that Jon is Liberal, Anthony is Liberal and so, Jon let him free.  In retrospect I suspect that the reason Jon Stewart went easy on Anthony Weiner was because the two are friends.

Fair enough.

But tonight I’m catching up on my “The Daily Show” and Jon is mocking Chris Wallace and his interview of Stewart.

In that interview, Jon asks Chris, “Do you think I’m an ideological partisan activist?”

Chris answered, “Yes.”

And Stewart responded that he disagreed with Wallace.

Really?

Jon devouts hours of his time to the mocking of Fox News for being “unbalanced.”  A view I happen to agree with.  It’s clear that Fox takes the conservative “side” in the reporting of the news.  And if Jon felt that he needed to defend his honor in being a comic that comes across as a neutral player, you would think that he would mock MSNBC for the same bias tendencies that Fix has.

None.  Nary a word.

CNN?  Sure.

MSNBC?  Maddow?  Matthews?  Obelrman?

Chirp Chirp.

Stewart is a partisan hack.  He’s funny and talented.  To be very clear, he’s VERY talented.

But he’s a hack.

I was wrong, Jon didn’t blink; he winked.

I’m Not Always Right. Right?

I get it; I’m hard to argue with.  I have the cursed combination of:

  1. Never walking away from a fight
  2. Being overly aggressive
  3. Never willing to compromise

With that said, I know, I KNOW, that I can’t be always right.  There simply have to be positions where I’m wrong or where I at least have to compromise.

So, looking back, where do I think I’m wrong?  Where do you think YOU are wrong?

I’ll start.

I am a massive believer in markets and think that we need drastically less regulation.  I’m probably wrong on how far back I wanna go.

I don’t think that we should raise taxes; in fact, I’m for lowering them.  I’m probably wrong on the degree of taxation that’s healthy.

Okay, my name is Pino and I’m a debater.

Your turn.

Raising Revenue

There is a gap.

The United States brings in some amount of money.  And the united States spends some other amount of money.

There is a difference between those two amounts of money; and right now, the bigger amount is the amount we spend.

We’re in debt and getting debt’ier.

All the talk ’round town is that we have to fix this problem pretty soon and the deadline that’s looming is the debt ceiling.  Everyone is looking at August 2nd and working to build a plan by then.

In it’s simplest form, the debate is about narrowing the gap of the spending and the revenue.

How are we gonna do that?

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Life Is Better Now

I picked my son up from day-care this afternoon.

He asked if I had seen the “rocket ship take off”.

I replied that I hadn’t, but asked him if he would like to see it when we got home?

He replied; “Nah, I saw it here on the computer.  Come on dad, let’s get pizza.”

My son is like 5.