BusinessWeek (and TechCrunch) have a recent article that covers Obama’s suggestion that if elected “the Illinois Senator promised … he would create the first-ever Cabinet-level post of chief technology officer.” Some expected names popped up as potential candidates: Vint Cerf of Google, Microsoft’s chief executive officer Steve Ballmer, Amazon’s CEO Jeffrey Bezos and Ed Felten of Princeton.
The two main goals for this White House CTO would be to improve broadband penetration as “the country ranked 15th among industrial nations in penetration, with a mere 23 out of 100 Americans having access to broadband service”. Secondly, the CTO “would almost certainly be deeply involved in overseeing a federally-backed $50 billion venture capital fund that Obama has proposed to develop more environmentally friendly technology”.
Its compelling to watch and see how people respond to a CTO offer? Do these captains of industry forsake their silicon valley (or Seattle) dominions and take the same road Henry Paulson and his brethren in the finance industry a la Goldman Sachs took to the beltway?
The brilliant article this weekend in the NYT, “The Guys from Government Sachs” follows Goldman alum as they travel the road from Wall Street to Washington and give up their careers in high finance for that of the Treasury or White House.
A little reported fact that surprisingly hasnt popped up in the discussion around Henry Paulson and his covey of Goldman-ites he placed in various positions during the latest banking crisis is the tax breaks they may receive.
While I am not so cynical that Paulson is motivated by tax incentives to head to Washington, and I understand there are “conflicts of interest” motivating these types of structures, its interesting to note such savings.
If an official such as Paulson puts his assets into a blind trust, he is exempt from capital gains. Taking the job at Treasury, by some estimates, saved Paulson $200m in tax liabilities! Not a bad move afterall…despite a decrease in salary from $27m a year to a $183k!
Posted in markets, technology
Tagged Amazon, BusinessWeek, CTO, Ed Felten, Goldman Sachs, Google, Henry Paulson, Jeffrey Bezos, Microsoft, NYT, obama, Princeton, Steve Ballmer, TechCrunch, Treasury, Vint Cerf, White House
Techcrunch (and Google’s blog) reported today that Google launched a new blog tracker and search site.
I often look at Digg or Yahoo‘s “top search” box on Yahoo’s home page to get a sense of what people are talking about, looking for, etc. Digg may have a delayed effect and Yahoo’s result may be more mainstream than what interests me?
Google Blog Search
Will see if Google’s new site surfaces timely and relevant stories or themes “before the masses” and/or at the same time as Drudge (which acts as a proxy for mainstream media).
Posted in blog, Blogroll, Digg, Google, media, technology
Tagged Digg, drudge report, Google, Google blog, meme, meme tracker, search, TechCrunch, Yahoo
I am watching in awe as this voter season turns from energized to frenetic! So many different ways to engage in the process….with the web playing the biggest role “ever” (how is that for hyperbole)!
A few things that caught my eye:
(1) Video hosted by Leonardo DiCaprio – Hollywood Declares Themselves with a hilarious, albeit left leaning “register to vote” video. Some pretty funny quips from Sarah Silverman. Crass as always!
(2) I checked out the Declare Youself site (a competitor to Rock the Vote?) and was amazed at how easy the site made it for unregistered users to sign up in their local towns.
(3) Laughing Squid had interesting coverage on Al Gore and his use of Twitter (or lack thereof). They were all bent out of shape that Al doesnt Twitter? What….the ex VP has no time to navel gaze? Hmm… I would probably be more distraught if he was Twittering vs saving the planet from environmental collapse.
(4) Google’s blog had some interesting helpful hints on voting. Interesting fact” ..roughly 1 in 4 Americans still aren’t registered to vote, according to the most recent Census report.” Is that possible? Last stat I read suggested only 30% of American’s have a passport. Only 25% vote for the man/woman leading the country for the next 4/8 years? Apathy? Difficulty in registration? Google’s Voter Info Map currently puts registration, absentee and early voting information in one place.
(5) Twitter Election 2008 is quite interesting. Not the most sophisticated commentary, but interesting process of providing the people a voice (in addition to enabling them to vote – see above)! Amazing at the inputs involved across the web and the aggregation process! Real time commentary that struck a cord with me as we unleash the internet to allow people to share, collaborate, opine, etc. Nothing new…but exciting to watch!
(6) Twitter part deux: Hacking the Debate is incredible! “Current TV will be broadcasting updates on live television during the debate.” Streaming commentary from the sphere as the candidates discuss and argue real time.
And of course, you can check out CNN and all the other talking heads that have an opinion on this or that as it relates to the election!
Posted in election
Tagged 2008 elections, blog, CNN, Current TV, Declare Yourself, Google, Hacking the Debate, Laughing Squid, Leonardo DiCaprio, register to vote, rock the vote, Sarah Silverman, Twitter, Voter Info Map