Mar 26 2008

Blacksburg – 43rd Best Place to Live and Launch

Pretty self explanatory:

CNN Money Website


Mar 10 2008

Tech Update

Just some randomness I found interesting from today. If anything, the cute cat video is worth checking out.

From Jason Calacanis who runs Mahalo.com:

http://www.calacanis.com/2008/03/07/how-to-save-money-running-a-startup-17-really-good-tips/

37Signals’s (who know how to run an effective online company IMO) retort to Calacanis’s post:

http://www.37signals.com/svn/posts/902-fire-the-workaholics

On browser standards compliance, the Acid3 test has been recently released and all the major browsers have been tested:

http://www.anomalousanomaly.com/2008/03/06/acid-3/

It’s no surprise to anyone that IE is at the bottom of the list, but what’s funny is MS declared that IE 8, which is not even due out yet, *might* pass the Acid2 test, which has been out for almost 2 years now. As for the Acid3 test, it only scored 17%. What’s even funnier is that IE 5.5 beats 6 and 7, which would show the trend of IE getting worse on web standards, were it not for IE 8’s better showing (but not by much).

If you’re not familiar with the Acid tests, Wikipedia has you covered:

http://en.wikipedia.org/wiki/Acid3

And while not a tech update, unless they start making feline robots that are as funny as the real things (http://break.com/index/talking-cat-hates-waking-up.html sound required), I felt this was probably interesting as well as true, only because I found it on the internet:

http://health.usnews.com/usnews/health/healthday/080221/cats-help-shield-owners-from-heart-attack.htm


Mar 4 2008

How Money is REALLY Made

Something always bothered me about how money went from bank to bank when you say, purchased something with a credit card or deposited money into a bank and then payed someone else who then deposited in their bank. Does your bank have to transfer cash to the bank being paid periodically?

As it turns out, the money that is transferred is imaginary. It is backed up by money that is owed to the bank by a borrower. So essentially, money is debt. Without debt, there is no money. Ok, so I can’t explain it very well, but here’s a video to explain it:

 Money As Debt

It’s 47 minutes long, but the first 10 minutes should give you a good idea. It’s a must watch. Meaning you have to watch it. It’s some crazy stuff.