Google Earnings Rise in 2Q, Net Revenue Flat From Last Quarter

July 17, 2009

SAN FRANCISCO (MarketWatch) – Google Inc. on Thursday reported a second-quarter profit that topped Wall Street estimates thanks to tight cost controls, though the Internet giant’s numbers for the period also reflected meager revenue growth due to the overall decline in spending on online advertising.

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Conservatism for Sale: David Keene, ACU Sell Their Opinion to the Highest Bidder

July 17, 2009

For decades in Washington, anyone with real knowledge of how things work has known who the bad apples are when it comes to selling lobbying and support to whoever pays the most. In this case, David Keene and the American Conservative Union are caught with their hands in the FedEx/UPS cookie jar. They’re toast.

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Congressional Budget Office Chief: Health Care Bill Will Increase, Not Lower, Costs

July 17, 2009

Nonpartisan CBO knows the score: “In the legislation that has been reported, we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount and, on the contrary, the legislation significantly expands the federal responsibility for health care costs.” Well, duh.

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Obama's Lecturing Tone in Africa Prompts Irritation, Reaction

July 17, 2009

Mwenda critiques: “Obama said nothing new. He assumes that African countries have been mismanaged because leaders on the continent are bad men who make cold hearted choices. His solution is thus to extend moral pleas for them to rule better.” But it’s “incentives those leaders confront” — particularly on aid — that determine those choices.

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TechCrunch's Stolen Documents Lay Out Twitter's Internal Financial Strategy or Lack Thereof

July 17, 2009

The lesson of Twitter’s internal business documents: Twitter is basically completely clueless as to how to monetize, control, or even create value in their company. They don’t have the strategic plan successful tech companies have. They’re just waiting around for the money train that, before the downturn, probably would’ve come their way.

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Watch Out, Hipsters: You Could Be Drinking at Starbucks Without Even Knowing It

July 17, 2009

“The Seattle Times reports that Starbucks plans to rebrand some stores with community-focused names such as ’15th Avenue Coffee and Tea.’ Even more interestingly, Starbucks will wipe its name and ubiquitous logo from these stores; even the bags of coffee for sale will bear the community-based brand.” We’re not McDonald’s, we’re Flanigan’s!

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Marriage and Children in Our New America

July 16, 2009

We have failed to recognize a technology-and-culture driven fluctuation in fertility, union, and mortality that may hold widespread ramifications for the nature of our country, representing a permanent and fundamental shift from the past. Within the current generation, the value assigned to marriage and family have decreased dramatically, resulting in a delay in the median age of marriage, a marked decline in reproduction rates, and an associated loss of some of the admirable qualities that enabled Americans to contend with the great trials and challenges of the 20th Century.

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John Yoo: Why We Endorsed Warrantless Wiretaps

July 16, 2009

“In FISA, President Bush and his advisers faced an obsolete law not written with live war with an international terrorist organization in mind. It was to meet such emergency circumstances that the Founders designed the presidency.” John Yoo, who will doubtless spend the rest of his life despised by the American left, defends his view.

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The New Ledger's 2009 Summer Booklist

July 15, 2009

The New Ledger family is sharing a few recommendations today for good reads and interesting books worth looking at this summer. From the Northern Wastes to Israel, the NBA court to the Persian Empire, Montezuma to William F. Buckley Jr., our recommendations are shared for your perusal.

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Note to the Folks at Time Magazine: Stop Citing Junk Polls on Abortion

July 15, 2009

So on the one hand, you have a poll that shows 71% support for abortion coverage in a nationalized health care plan, while on the other you have a poll showing 71% opposition to using taxpayer funds for any abortions. Are Americans this hypocritical, or are these junk polls dressed up as real data? Guess.

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