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<channel>
	<title>Energy, Environment and Technology</title>
	
	<link>http://dwaynenesmith.com</link>
	<description>You will either step forward into growth or you will step back into safety.   Abraham Maslow</description>
	<lastBuildDate>Fri, 25 Sep 2009 20:03:24 +0000</lastBuildDate>
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		<title>Ole Miss and SmartSynch Report Electricity Usage with…Twitter</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/09/ole-miss-and-smartsynch-report-electricity-usage-withtwitter/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/09/ole-miss-and-smartsynch-report-electricity-usage-withtwitter/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 20:03:24 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/09/ole-miss-and-smartsynch-report-electricity-usage-withtwitter/</guid>
		<description><![CDATA[The University of Mississippi is using data from SmartSynch’s smart meters and passing it to dashboards for campus operations personnel to monitor, analyze and act via RSS and social networking tools like Twitter and Facebook.&#160; As a part of the university’s Red, Blue and Green initiative, students and faculty can register with the school’s Green [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://olemiss.edu">University of Mississippi</a> is using data from <a href="http://www.smartsynch.com/">SmartSynch</a>’s smart meters and passing it to <a href="http://www.olemiss.edu/green/energy.html">dashboards for campus operations personnel</a> to monitor, analyze and act via RSS and social networking tools like Twitter and Facebook.&#160; As a part of the university’s <a href="http://www.olemiss.edu/green/">Red, Blue and Green initiative</a>, students and faculty can register with the school’s Green Initiative website and get real time view and comparisons of energy usage around the campus.</p>
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		<title>NIST Fasttracks SmartGrid Standards</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/09/nist-fasttracks-smartgrid-standards/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/09/nist-fasttracks-smartgrid-standards/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 19:42:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/09/nist-fasttracks-smartgrid-standards/</guid>
		<description><![CDATA[NIST released a draft report on the SmartGrid interoperability standards yesterday.&#160; The roughly 80 initial standards and 14 priority action plans are available for public review and comment for 30 days.&#160; Following this comment period the first phase of NIST’s 3 phase approach will be completed with the final release of the NIST Framework and [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.smartgridnews.com/artman/publish/News_News/NIST-Unveils-Initial-Smart-Grid-Interoperability-Standards-1223.html">NIST released a draft report on the SmartGrid interoperability standards</a> yesterday.&#160; The roughly <a href="http://www.nist.gov/public_affairs/releases/smartgrid_interoperability.pdf">80 initial standards and 14 priority action plans</a> are available for public review and comment for 30 days.&#160; Following this comment period the first phase of <a href="http://www.nist.gov">NIST</a>’s 3 phase approach will be completed with the final release of the NIST Framework and Roadmap for Smart Grid Interoperability Standards, Release 1.0.</p>
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		<title>NREL Receives Wind Power and Infrastructure Funding</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/05/nrel-receives-wind-power-and-infrastructure-funding/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/05/nrel-receives-wind-power-and-infrastructure-funding/#comments</comments>
		<pubDate>Mon, 04 May 2009 09:21:55 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/05/nrel-receives-wind-power-and-infrastructure-funding/</guid>
		<description><![CDATA[Department of Energy Secretary Chu announces $93 million from the Recover Act to support the development of additional wind energy in the United States. The money will support R&#38;D and testing for wind turbine drivetrains, support university and industry consortia focusing on critical wind energy challenges, advanced technology development in the private sector and a [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.energy.gov/index.htm">Department of Energy</a> Secretary Chu <a href="http://www.energy.gov/news2009/7358.htm">announces $93 million from the Recover Act</a> to support the development of additional wind energy in the United States. The money will support R&amp;D and testing for wind turbine drivetrains, support university and industry consortia focusing on critical wind energy challenges, advanced technology development in the private sector and a National Wind Technology Center in Colorado.</p>
<p><a href="http://www.energy.gov/organization/dr_steven_chu.htm">Chu</a> also announced the <a href="http://www.nrel.gov/">National Renewable Energy Laboratory</a> will receive $100 million for infrastructure projects. The largest is the development of an energy efficient LEED Platinum certified office, constructed at the same cost as that of a low efficiency commercial office building. The others are to use solar and other green energy sources to reduce the labs carbon use and to upgrade the integrated bio-refinery research facility used to develop commercial scale cellulose to ethanol technologies.</p>
<p>During his visit to the Golden, CO facility Chu stated that $26 billion of the more than $100 billion in the Recover Act for renewable energy projects had already been authorized with the goal of 70% being authorized by early September. He also discussed streamlining the DOE loan approval process with the goal of reducing the time to getting a loan application approved to a few months. It has been known to take years under the current process.</p>
<p>It is great to see some of this huge spending bill is being directed to innovation and more importantly that this is being coordinated with private industry. There continues to be a gap in funding for the commercialization of proven technologies. Until this gap is filled, the great innovation from the labs and universities will be delayed in helping solve our energy issues.</p>
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		<title>Metcalfe at Green:Net 09 – Squanderably Abundant Cheap Clean Energy</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/03/metcalfe-at-greennet-09-squanderably-abundant-cheap-clean-energy/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/03/metcalfe-at-greennet-09-squanderably-abundant-cheap-clean-energy/#comments</comments>
		<pubDate>Mon, 30 Mar 2009 20:09:55 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/03/metcalfe-at-greennet-09-squanderably-abundant-cheap-clean-energy/</guid>
		<description><![CDATA[Bob Metcalfe, using the history of the Internet as a guide, provided his list of things to look for and look out for in the changing energy sector.

Metcalfe gave an optimistic view of the environmental challenge suggesting not only are we in a Global Warming Bubble but that cheap, clean energy will be so abundant, [...]]]></description>
			<content:encoded><![CDATA[<p>Bob Metcalfe, using the history of the Internet as a guide, provided his list of things to look for and look out for in the changing energy sector.</p>
<p><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/FmMd8dxxOQQ&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/FmMd8dxxOQQ&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object></p>
<p>Metcalfe gave an optimistic view of the environmental challenge suggesting not only are we in a Global Warming Bubble but that cheap, clean energy will be so abundant, it will easily be squandered.</p>
<p>He suggested the best place for research is in the research universities and not in government labs which are &#8220;nothing more than local earmarks&#8221;. In this model, professors along with their graduate students, will commercialize innovation with the help of entrepreneurs and venture capital.</p>
<p>Metcalfe warned that energy and environment are two overlapping issues and they should be viewed as two things. Otherwise, we may solve energy without solving the environment or vice-versa. Oh, and he offered a new color for clean energy, blue.</p>
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		<title>European Views on Potential for a Global Carbon Agreement at Copenhagen</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/03/european-views-on-potential-for-a-global-carbon-agreement-at-copenhagen/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/03/european-views-on-potential-for-a-global-carbon-agreement-at-copenhagen/#comments</comments>
		<pubDate>Mon, 23 Mar 2009 09:51:13 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/03/european-views-on-potential-for-a-global-carbon-agreement-at-copenhagen/</guid>
		<description><![CDATA[McKinsey’s Matt Hirschland interviews three European leaders about a global climate agreement this year.
McKinsey 
Economists Nicholas Stern and Michael Grubb, along with European Commissioner Janez Poto?nik, agree that the United Nations Climate Change Conference, to be held in Copenhagen in December 2009, marks a critical juncture for addressing climate concerns. And they all agree the [...]]]></description>
			<content:encoded><![CDATA[<p><span style="color: #444444; font-family: Georgia; font-size: 15px; line-height: 21px;"><a href="http://www.mckinseyquarterly.com">McKinsey’</a>s Matt Hirschland <a href="http://www.mckinseyquarterly.com/Energy_Resources_Materials/Environment/Prospects_for_a_global_deal_on_climate_change_Three_European_views_2319">interviews three European leaders</a> about a global climate agreement this year.</span></p>
<p><a href="http://www.mckinseyquarterly.com/Energy_Resources_Materials/Environment/Prospects_for_a_global_deal_on_climate_change_Three_European_views_2319" title="McKinsey">McKinsey</a> <img src="http://www.mckinseyquarterly.com/files/asset/stillimage/88.jpg" width="428" height="256" /></p>
<p><span style="color: #444444; font-family: Georgia; font-size: 15px; line-height: 21px;">Economists Nicholas Stern and Michael Grubb, along with European Commissioner Janez Poto?nik, agree that the <a href="http://en.cop15.dk/">United Nations Climate Change Conference</a>, to be held in Copenhagen in December 2009, marks a critical juncture for addressing climate concerns. And they all agree the United States must take serious action to back up the <a href="http://www.whitehouse.gov/agenda/energy_and_environment/">serious language</a> currently coming out of Washington, D.C.</span></p>
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		<title>Nicholas Stern on Climate Change Actions and the Recession</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/03/nicholas-stern-on-climate-change-actions-and-the-recession/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/03/nicholas-stern-on-climate-change-actions-and-the-recession/#comments</comments>
		<pubDate>Mon, 09 Mar 2009 14:37:34 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/03/nicholas-stern-on-climate-change-actions-and-the-recession/</guid>
		<description><![CDATA[McKinsey&#8217;s Matt Hirschland interviewed economist Nicholas Stern in Brussels this past January. You can read the transcript here or click below to watch the video.

]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mckinsey.com/">McKinsey&#8217;s</a> Matt Hirschland interviewed economist Nicholas Stern in Brussels this past January. You can <a href="http://www.mckinseyquarterly.com/Energy_Resources_Materials/Environment/Connecting_climate_change_and_economic_recovery_2303">read the transcript here</a> or click below to watch the video.</p>
<p><object width="428" height="338"><param name="movie" value="http://www.mckinseyquarterly.com/App_Themes/v2.0/swf/external_player.swf"></param><param name="flashvars" value="assetsPath=http://www.mckinseyquarterly.com/App_Themes/v2.0/swf/&amp;xmlFileName=http://www.mckinseyquarterly.com/xmlresources/videol2XML.aspx?assetid=87%26localeid=1"><embed src="http://www.mckinseyquarterly.com/App_Themes/v2.0/swf/external_player.swf" width="428" height="338" flashvars="isProduction=true&amp;assetsPath=http://www.mckinseyquarterly.com/App_Themes/v2.0/swf/&amp;xmlFileName=http://www.mckinseyquarterly.com/xmlresources/videol2XML.aspx?assetid=87%26localeid=1"></embed></param></object></p>
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		<title>Algae – Nature’s Wonder-biofuel</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/02/algae-natures-wonder-biofuel/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/02/algae-natures-wonder-biofuel/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 21:50:44 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/02/algae-natures-wonder-biofuel/</guid>
		<description><![CDATA[It is likely that the energy to power your car came from the Sun hundreds of millions of years ago and was converted by algae into simple sugars that eventually was pumped out of the ground as crude oil. Is it possible to shorten this cycle into a few weeks or even days and power [...]]]></description>
			<content:encoded><![CDATA[<p>It is likely that the energy to power your car came from the Sun hundreds of millions of years ago and was converted by algae into simple sugars that eventually was pumped out of the ground as crude oil. Is it possible to shorten this cycle into a few weeks or even days and power our economy by cultivating algae today? Many people are betting that we will, as more and more investments are made in algal biofuel companies.</p>
<p>Why the interest in algae? The primary reasons is it grows fast, very fast. In fact, with ample sunlight, CO2 and the right nutrients, <a href="http://www.greentechmedia.com/articles/amid-setbacks-biofuel-could-prep-for-take-off-1031.html">algae can double it&#8217;s mass in a few hours</a>. And under the right conditions, algae can also be coaxed into producing a large percentage of its mass into fuel rich lipids. With no need to reach toward the sky algae spends little to no energy building the complex cellulosic structures found in land plants. This means a higher percentage of the plant can be converted to fuel. Some companies are focusing on genetically altering fast growing strains to directly produce hydrocarbons, in effect, eliminating the refining step.</p>
<p>Today companies are able to produce biofuel from algae for somewhere between $9 and $36 per gallon. Not barrel, per dollar. Huh? Yes, algal biofuel science still has some work to do. Algae grown in ponds get a free source of energy from the sun, but require a lot of water and the associated energy costs of moving it around and filtering the final product. These open ponds also have to be protected from natural strains which do not produce the desired lipids. Closed bioreactors are great at controlling the environment and preventing contamination, but require a lot of energy either via artificial light or in the case of <a href="http://www.greenfuelonline.com/">GreenFuel</a>, sugar.</p>
<p>Algae has advantages in addition to its ability to grow quickly. Acre per acre, algae outperforms any other biofuel source around. Compared to 60 gallons of diesel per acre from soybeans or 600 gallons per acre from oil palms, algae can produce 1850 gallons per acre and some experts are claiming 5,000 gallons per acre is feasible.</p>
<p>Algae also consumes a vast amount of CO2 and produces lots of oxygen. Three quarters of the oxygen in our atmosphere is produce by algae. Experimental sites are often located at coal fired utility plants in order to use the vast amounts of CO2 produces by burning coal to feed the algae. While this certainly does not sequester the CO2, it lowers the total emissions by recycling the CO2 and gaining energy from it twice.</p>
<p>There are forms of algae that grow in lots of types of water that we would find difficulty using for ourselves or our food supplies. This allows algae farms to use water that will not impact scarce water sources. These add up to a crop that can be grown on land not used for food, using water that would not be used for human consumption or food crops and suck up a lot of CO2 in the process. We simply have to find ways to do it more cheaply.</p>
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		<title>US Carbon Markets React to Obama’s Budget</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/02/us-carbon-markets-react-to-obamas-budget/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/02/us-carbon-markets-react-to-obamas-budget/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 19:10:35 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[carbon]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/02/us-carbon-markets-react-to-obamas-budget/</guid>
		<description><![CDATA[Trading activity picks up for carbon financial instruments (CFIs) after the release of President Obama&#8217;s budget. Even though the budget does not include revenue from carbon allowances until 2012, future contracts prior to this date moved higher. Some people believe these instruments can be used as early action credits in a federal cap and trade [...]]]></description>
			<content:encoded><![CDATA[<p>Trading activity picks up for carbon financial instruments (CFIs) after the release of <a href="http://www.whitehouse.gov/omb/budget/">President Obama&#8217;s budget</a>. Even though the budget does not include revenue from carbon allowances until 2012, future contracts prior to this date moved higher. Some people believe these instruments can be used as early action credits in a federal cap and trade system.</p>
<blockquote><p>
  Between 2012 and 2020, nearly $645 billion could be raised from the sale of emission allowances, the budget outline says.
</p></blockquote>
<blockquote><p>
  <a href="http://www.pointcarbon.com/news/1.1066842">According to Point Carbon</a> (subscription) estimates, that would assume around 80 per cent of the economy would face caps on their greenhouse gas output starting 2012 at 2005 levels, or roughly 7.2 billion tonnes of carbon dioxide equivalent.
</p></blockquote>
<blockquote><p>
  This means the budget is banking on carbon prices of nearly $13.70 per tonne by 2012.With the cap declining around 2 per cent per year after 2012, Point Carbon estimates the price of carbon in 2020 would go up to $16.5 per allowance.
</p></blockquote>
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		<title>Carbon Cap and Trade Q&amp;A</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/02/carbon-cap-and-trade-qa/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/02/carbon-cap-and-trade-qa/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 15:55:27 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[carbon]]></category>
		<category><![CDATA[carbon credits]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/02/carbon-cap-and-trade-qa/</guid>
		<description><![CDATA[So just what is a cap and trade system and how does it work? MSNBC has a Frequently Asked Questions page that answers this question. While President Obama signaled his desires in his budget, congress is required to pass the legislation and the details. Many experts are suggesting legislation is unlikely this, however &#8220;Powerful Democrats [...]]]></description>
			<content:encoded><![CDATA[<p>So just what is a cap and trade system and how does it work? <a href="http://www.msnbc.msn.com">MSNBC</a> has a <a href="http://www.msnbc.msn.com/id/29395517/">Frequently Asked Questions</a> page that answers this question. While President Obama signaled his desires in his budget, congress is required to pass the legislation and the details. Many experts are suggesting legislation is unlikely this, however &#8220;Powerful Democrats such as <a href="http://www.house.gov/waxman/">House Energy and Commerce Committee Chairman Henry Waxman</a>, D-Calif., have said they would work hard to get legislation passed by this summer.&#8221;</p>
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		<title>President’s Budget Includes Carbon Cap and Trade Revenue in 2012</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/02/presidents-budget-includes-carbon-cap-and-trade-revenue-in-2012/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/02/presidents-budget-includes-carbon-cap-and-trade-revenue-in-2012/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 00:03:40 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/02/presidents-budget-includes-carbon-cap-and-trade-revenue-in-2012/</guid>
		<description><![CDATA[Earlier this week, the White House stated a climate bill passed in 2010 would be fine as long as it included the critical components President Obama included in his campaign promises. This is consistent with President Obama&#8217;s budget which includes revenue for carbon cap and trade allowances of $658 billion in total for the years [...]]]></description>
			<content:encoded><![CDATA[<p>Earlier this week, the White House stated a climate bill passed in 2010 would be fine as long as it included the critical components President Obama included in his campaign promises. This is consistent with <a href="http://www.whitehouse.gov/omb/budget/fy2009/">President Obama&#8217;s budget</a> which includes <a href="http://www.reuters.com/article/environmentNews/idUSTRE51P4Q920090226?feedType=RSS&amp;feedName=environmentNews">revenue for carbon cap and trade allowances of $658 billion</a> in total for the years 2012 through 2019. $150 billion of this will be committed to invest in clean energy along with tax credits.</p>
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		<title>US #1 in Wind Energy Capacity</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/02/us-1-in-wind-energy-capacity/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/02/us-1-in-wind-energy-capacity/#comments</comments>
		<pubDate>Wed, 04 Feb 2009 00:05:17 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[green economy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/02/us-1-in-wind-energy-capacity/</guid>
		<description><![CDATA[2008 was a bumper year for wind energy investment. The US added 8,300 megawatts (MW) of wind energy to lead the world with 25,170 MW. 42% of the country&#8217;s new power-producing capacity came from wind. The 50% increase in wind power generation also created 35,000 jobs bringing the total employee bast to 85,000.
Worldwide over 27 [...]]]></description>
			<content:encoded><![CDATA[<p>2008 was a bumper year for wind energy investment. The <a href="http://www.awea.org/newsroom/releases/us_and_china_race_to_top_of_wind_energy_02Fed09.html" title="US and China race to top of global wind industry">US added 8,300 megawatts (MW) of wind energy</a> to lead the world with 25,170 MW. 42% of the country&#8217;s new power-producing capacity came from wind. The 50% increase in wind power generation also created 35,000 jobs bringing the total employee bast to 85,000.</p>
<p>Worldwide over <a href="http://www.gwec.net/fileadmin/documents/PressReleases/PR_stats_annex_table_2nd_feb_final_final.pdf" title="Worldwide Wind Capacity Charts and Graphs">27 gigawatts (GW) of wind capacity was added</a>. China doubled capacity to 12.2 GW and is on tract to double capacity again in 2009 and may reach its goal of 30 (GW) by 2010, ten years ahead of plan. All of Asia added about 8.3 GW with Europe and North America adding 8.9 GW each.</p>
<p>In the US, the financial crisis hit the wind industry and orders for turbines and components has slowed to a trickle. This needs to be reversed quickly if the US is to stay ahead of schedule to reach 300 GW of wind capacity, or <a href="http://www.20percentwind.org/" title="20% Wind Energy by 2030">20% of our electricity needs, by 2030</a>.</p>
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		<title>Wind Forecasters Request Lab Help</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/01/wind-forecasters-request-lab-help/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/01/wind-forecasters-request-lab-help/#comments</comments>
		<pubDate>Thu, 22 Jan 2009 17:11:22 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/01/wind-forecasters-request-lab-help/</guid>
		<description><![CDATA[Three prominent weather forecasting companies took advantage of their podium positions to request laboratory support to help them provide better information to renewable energy projects, namely wind projects. The monthly Sustainable Energy and Atmospheric Sciences seminar series kicked off the new year January 21st at the National Institute of Standards (NIST) in Boulder, CO. Pascal [...]]]></description>
			<content:encoded><![CDATA[<p><span style="background-color: transparent;"><span style="color: black;">Three prominent weather forecasting companies took advantage of their podium positions to request laboratory support to help them provide better information to renewable energy projects, namely wind projects. The monthly S<a href="http://www.esrl.noaa.gov/research/events/seas/">ustainable Energy and Atmospheric Sciences seminar series</a> kicked off the new year January 21st at the <a href="http://www.nist.gov/">National Institute of Standards (NIST</a>) in <a href="http://ci.boulder.co.us/">Boulder, CO</a>.</span></span> <span style="line-height: 24px;"><span style="background-color: transparent;"><span style="color: black;">Pascal Storck of <a href="http://www.3tiergroup.com/">3Tier</a>, Bruce Bailey of <a href="http://www.awstruewind.com/">AWS Truewind</a>, and Mark Ahlstrom of <a href="http://www.windlogics.com/">WindLogics</a> spoke about the weather/wind forecasting process in the US and requested help in these areas:</span></span></span></p>
<p><span style="line-height: 24px;"><span style="background-color: transparent;"><span style="color: black;">1) Increased number of observation points to improve accuracy.<br />
2) Independent evaluation of low profile observation instruments, such as <a href="http://en.wikipedia.org/wiki/LIDAR">LIDAR</a> and <a href="http://en.wikipedia.org/wiki/Sodar">SODAR</a>, to increase adoption by the industry<br />
3) High quality global and regional forecasts<br />
4) Improved <a href="http://en.wikipedia.org/wiki/Numerical_weather_prediction">mathematical prediction models</a></span></span></span></p>
<p><span style="line-height: 24px;">It was the clear consensus that the US Labs are critical to providing the data needed to help wind projects successfully plan and use wind energy AND that the US Labs could do a lot more to help the forecasts being provided to the project operators. Today the European forecasts are often better at predicting weather over the western states than the forecast generated here. To insure the US meets the predicted increase in Wind Capacity from about 20 GW today to more than 300 GW by 2030, better information about the weather is critical.</span></p>
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		<title>Barack Obama – 44th President of the United States of America</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/01/barack-obama-44th-president-of-the-united-states-of-america/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/01/barack-obama-44th-president-of-the-united-states-of-america/#comments</comments>
		<pubDate>Tue, 20 Jan 2009 17:43:31 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[US]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/01/barack-obama-44th-president-of-the-united-states-of-america/</guid>
		<description><![CDATA[
&#8220;America, in the face of our common dangers; in this winter of our hardship let us remember these timeless words. With hope and virtue, let us brace once more the icy currents. An endure what storms may come. Let it be said by our children&#8217;s chirdren, that when we were tested we refused to let [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.cnn.com/2009/POLITICS/01/20/obama.politics/index.html"><img src="http://i2.cdn.turner.com/cnn/2009/POLITICS/01/20/obama.inauguration/t1wide.inaug.tues.48.cnn.jpg" /></a></p>
<p>&#8220;America, in the face of our common dangers; in this winter of our hardship let us remember these timeless words. With hope and virtue, let us brace once more the icy currents. An endure what storms may come. Let it be said by our children&#8217;s chirdren, that when we were tested we refused to let this journey end. That we did not turn back nor did we falter and with eyes fixed on the horizon and god&#8217;s grace upon us, we carried forth that great gift of freedom and delivered it safely to future generations.&#8221;</p>
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		<title>Solar Future at The daVinci Institute</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/01/solar-future-at-the-davinci-institute/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/01/solar-future-at-the-davinci-institute/#comments</comments>
		<pubDate>Thu, 15 Jan 2009 17:35:18 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/01/solar-future-at-the-davinci-institute/</guid>
		<description><![CDATA[Larry Kazmerski, from the National Research Energy Lab (NREL) in Golden, CO was the keynote speaker at this month&#8217;s Night with a Futurist put on by The DaVinci Institute. Kazmerski entertained the largest crowd to attend a Night with a Futurist event throughout his lecture while hitting on these 5 key points:

Solar is real &#8211; [...]]]></description>
			<content:encoded><![CDATA[<p>Larry Kazmerski, from the <a href="http://www.nrel.gov/">National Research Energy Lab (NREL)</a> in <a href="http://ci.golden.co.us/">Golden, CO</a> was the keynote speaker at this month&#8217;s Night with a Futurist put on by <a href="http://www.davinciinstitute.com/">The DaVinci Institute</a>. Kazmerski entertained the largest crowd to attend a Night with a Futurist event throughout his lecture while hitting on these 5 key points:</p>
<ul>
<li>Solar is real &#8211; now</li>
<li>Investment in Policy and R&amp;D are priorities</li>
<li>Cutting time from lab to manufacturing is key</li>
<li>Significant increase in science and technical workforce is needed</li>
<li>Balancing near and longterm R&amp;D must be maintained</li>
</ul>
<p>The highlight of the evening was a story from Kazmerski&#8217;s early days at NREL. A local newspaper reporter seemed uninterested in his description of the energy conversion properties of some of the PV cells they were testing. When the talk turned to the government officials visiting from Saudi Arabia, Kazmerski convinced the reporter the Saudi&#8217;s were investing heavily in solar energy and that they planned to sell the US sand for silicon production at $40 per barrel. This appeared in the the paper the following week and Kazmerski claims he still holds the record for fewest seconds between arrival at NREL and a summons to the director&#8217;s office.</p>
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		<title>Google Searches and Boiling Tea Kettles…</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/01/google-searches-and-boiling-tea-kettles/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/01/google-searches-and-boiling-tea-kettles/#comments</comments>
		<pubDate>Tue, 13 Jan 2009 19:56:52 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2009/01/google-searches-and-boiling-tea-kettles/</guid>
		<description><![CDATA[So, how many Google searches produce the equivalent CO2 emissions as boiling a cup of water? &#160;&#160;
A confusing question unless you been following the stream of posts generated by the Sunday Times of London quoting (or misquoting) Harvard University physicist Alex Wissner-Gross&#8216; study on the energy used by view webpages. IN the story, the Times [...]]]></description>
			<content:encoded><![CDATA[<p><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">So, how many Google searches produce the equivalent CO2 emissions as boiling a cup of water? &nbsp;&nbsp;</span></p>
<p><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">A confusing question unless you been following the stream of posts generated by the <a href="http://www.timesonline.co.uk/tol/news/">Sunday Times of London</a></span> <span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;"><a href="http://technology.timesonline.co.uk/tol/news/tech_and_web/article5489134.ece">quoting (or misquoting) Harvard University physicist</a> <a href="http://www.alexwg.org/">Alex Wissner-Gross</a>&#8216; study on the energy used by view webpages. IN the story, the Times reporters stated &#8220;Performing two Google searches from a desktop computer can generate about the same amount of carbon dioxide as boiling a kettle for a cup of tea, according to new research.&#8221; This seems to equate to about 7 grams of CO2.</span></span></p>
<p><span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">Google immediately</span> <a href="http://googleblog.blogspot.com/2009/01/powering-google-search.html" style=""><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: #001AE7;">responded in a blog post</span></a> <span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">stating &#8220;</span><span style="line-height: normal;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">we have designed and built the most</span> <a href="http://www.google.com/corporate/datacenters/" style=""><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: #001AE7;">energy efficient data centers</span></a> <span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">in the world, which means the energy used per Google search is minimal</span> <span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">suggesting the number is closer to 0.02 grams per search.&#8221; And went on to state the energy used by the PC performing the search is greater than the search itself.</span></span></span></span></p>
<p><span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">Meanwhile according to Tech News World,</span> <a href="http://www.technewsworld.com/rsstory/65794.html" style=""><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: #001AE7;">Wissner-Gross claims neither he nor the study</span></a> <span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">mentioned Google or had anything to do with Google and certainly not with tea kettles. &#8220;They did that. I have no idea where they got those statistics,&#8221; Wissner-Gross said.</span></span></p>
<p><span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">And in response to these back and forth discussions, more than a few bloggers have decided to weigh in:</span></span></p>
<p><span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">http://technology.timesonline.co.uk/tol/news/tech_and_web/article5489134.ece<br /></span></span></p>
<p><span style="line-height: 18px;"><span style="background-color: transparent; font-family: Verdana; font-size: 13px; color: black;">http://www.livescience.com/technology/090112-carbon-internet.html<br /></span></span></p>
<p><span style="font-family: verdana; font-size: 13px; line-height: 18px;"><span style="background-color: transparent; color: black;">http://www.treehugger.com/files/2009/01/seven-grams-per-google-search.php</span><br /></span></p>
<p><span style="font-family: verdana; font-size: 13px; line-height: 18px;">So what do you think? How much water could you boil while searching for the amount of CO2 emitted from a Google Search? or something like that?</span></p>
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		<title>A brief history of wind power | Wind of change | The Economist</title>
		<link>http://dwaynenesmith.com/blog/archives/2009/01/a-brief-history-of-wind-power-wind-of-change-the-economist/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2009/01/a-brief-history-of-wind-power-wind-of-change-the-economist/#comments</comments>
		<pubDate>Tue, 06 Jan 2009 01:02:21 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=245</guid>
		<description><![CDATA[Wind Power installations to triple between 2007 and 2012 accroding to a brief history of wind power as reported in The Economist.
Globally, wind power installations are expected to triple from 94GW at the end of 2007 to nearly 290GW in 2012, according to BTM Consult, a Danish market-research firm. They will then account for 2.7% [...]]]></description>
			<content:encoded><![CDATA[<p>Wind Power installations to triple between 2007 and 2012 accroding to <a href="http://www.economist.com/science/tq/displaystory.cfm?story_id=12673331">a brief history of wind power</a> as reported in <a href="http://www.economist.com">The Economist.</a></p>
<blockquote><p>Globally, wind power installations are expected to triple from 94GW at the end of 2007 to nearly 290GW in 2012, according to BTM Consult, a Danish market-research firm. They will then account for 2.7% of world electricity generation, the company predicts, and by 2017 their share could be nearly 6%.</p></blockquote>
<p>Well behind much of Europe in percentage of electricity generated from the wind, the US has 18% of worldwide wind power production following a year which saw an increase of 45% in wind power capacity.<br />
<img src="http://media.economist.com/images/20081206/CTQ413.gif" alt="Wind Power Pie Chart" /></p>
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		<title>CO2 Eating Cement</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/co2-eating-cement/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/co2-eating-cement/#comments</comments>
		<pubDate>Wed, 31 Dec 2008 23:40:26 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[construction]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=243</guid>
		<description><![CDATA[British scientists at Novacem have developed a cement from magnesium silicate which absorbs more carbon dioxide while hardening than is emitted during production.  The high heat cooking required for conventional or Portland cement production emits about .8 tons of CO2 for every ton of cement.  When mixed with water cement absorbs about half [...]]]></description>
			<content:encoded><![CDATA[<p>British scientists at <a href="http://www.imperialinnovations.co.uk/?q=node/176">Novacem</a> <a href="http://www.guardian.co.uk/environment/2008/dec/31/cement-carbon-emissions">have developed a cement from magnesium silicate</a> which absorbs more carbon dioxide while hardening than is emitted during production.  The high heat cooking required for conventional or Portland cement production emits about .8 tons of CO2 for every ton of cement.  When mixed with water cement absorbs about half of this amount of CO2.  The net production of .4 tons of CO2 per ton of cement produces about 5% of the world&#8217;s Greenhouse Gas (GHG) emissions.  Novacem&#8217;s cement emits only .5 tons of CO2 while the curing process absorbs more than twice this amount, 1.1 tons.   Many years of testing remain and much will have to change to use this in more than a few applications. Converting even a small portion of the 2 billion tons of cement production from contributing .4 tons of GHGs to removing .6 tons is a good thing.   Technology that turns a major CO2 emissions problem into a substantial abatement process are exactly what is needed to help solve Global Warming.</p>
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		<title>Obama Adds More Green to Science Team</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/obama-adds-more-green-to-science-team/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/obama-adds-more-green-to-science-team/#comments</comments>
		<pubDate>Wed, 31 Dec 2008 20:10:23 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[nuclear]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=241</guid>
		<description><![CDATA[President elect Barack Obama added John Holdren, a clean coal and nuclear energy proponent, as his next Assistant to the President for Science and Technology.   The head of the Harvard Kennedy School&#8217;s Science, Technology, Public Policy  Program at the Belfer Center for Science and International Affairs, Holdren will expand Obama&#8217;s clean energy team [...]]]></description>
			<content:encoded><![CDATA[<p>President elect Barack Obama <a href="http://www.enn.com/energy/article/38927">added John Holdren, a clean coal and nuclear energy proponent,</a> as his next Assistant to the President for Science and Technology.   The head of the Harvard Kennedy School&#8217;s Science, Technology, Public Policy  Program at the Belfer Center for Science and International Affairs, Holdren will expand Obama&#8217;s clean energy team with his ideas on using nuclear energy and clean coal technologies to reduce global warming while reducing the nation&#8217;s dependence on foreign oil.</p>
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		<title>Cow Patty Power from Idaho</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/cow-patty-power-from-idaho/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/cow-patty-power-from-idaho/#comments</comments>
		<pubDate>Sun, 28 Dec 2008 01:28:13 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=247</guid>
		<description><![CDATA[
 
Idaho State energy czar Paul Kjellander sees BTUs where other see Cow $#!+ and he hopes to get others to see it his way.  As head of Gov. C.L. &#8220;Butch&#8221; Otters Office of Energy Resources, Kjellander is pushing a package of income tax credits, property tax waivers and other incentives in the 2009 Legislature starting Jan. 12 [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.2news.tv/green/projectgreen/36595629.html"></a></p>
<p><a href="http://www.2news.tv/green/projectgreen/36595629.html"> </a></p>
<p>Idaho State energy czar Paul Kjellander sees BTUs where other see Cow $#!+ and <a href="http://www.2news.tv/green/projectgreen/36595629.html">he hopes to get others to see it his way.</a>  As head of Gov. C.L. &#8220;Butch&#8221; Otters Office of Energy Resources, Kjellander is pushing a package of income tax credits, property tax waivers and other incentives in the 2009 Legislature starting Jan. 12 to transform Idahos southern heartland into a methane Mecca.</p>
<p> </p>
<div class="wp-caption alignnone" style="width: 330px"><a href="http://www.2news.tv/green/projectgreen/36595629.html"><img title="The entrance to Dry Creek Dairy" src="http://media.2news.tv/images/081222_dry_creek_dairy.jpg" alt="That odor wafting from 550,000 cows that make up Idahos growing dairy herd smells like energy independence and economic development to state energy czar Paul Kjellander." width="320" height="240" /></a><p class="wp-caption-text">That odor wafting from 550,000 cows that make up Idaho&#39;s growing dairy herd smells like energy independence and economic development to state energy czar Paul Kjellander.</p></div>
<p> With over half a million cows and ranking 3rd in dairy production, there is definitely a lot of manure.  This contributes greatly to agriculture being the third largest producer of methane in the US.  Methane by volume has 25 times the greenhouse effect as CO2 on climate and is second to CO2 in greenhouse gas contribution to global climate change.</p>
<blockquote><p>Minneapolis-based Cargill Inc. soon aims to sell electricity from its $8.5 million, 2.25 megawatt digester and generator facility at the 10,000-cow Bettencourt Dairy in Hansen to Idaho Power Co., the state&#8217;s largest utility.</p>
<p>This is the agricultural conglomerate&#8217;s first such project, but Cargill has another southern Idaho plant due to open in 2009. It&#8217;s also exploring similar endeavors in neighboring Washington, Oregon, New Mexico, California, Texas, New York and Indiana, said Craig Maetzold, Cargill Environmental Finance&#8217;s operations manager.</p>
<p>&#8220;We believe the credits in renewable energy are only going to increase in value in the future,&#8221; Maetzold said.</p></blockquote>
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		<title>Plug-in Hybrid Retrofit Plan</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/plug-in-hybrid-retrofit-plan/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/plug-in-hybrid-retrofit-plan/#comments</comments>
		<pubDate>Mon, 22 Dec 2008 19:17:58 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[US Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/12/plug-in-hybrid-retrofit-plan/</guid>
		<description><![CDATA[Andy Grove has a plan to test the viability of retrofitting US autos into plug-in hybrids fashioned along the lines of GM&#8217;s Volt design. He suggest testing this on 1 million cars at a cost of about $10 billion mainly due to the continued high cost for batteries ($10,000 per car). He is also pushing [...]]]></description>
			<content:encoded><![CDATA[<p>Andy Grove has a <a href="http://www.mckinseyquarterly.com/ghost.aspx?ID=/An_electric_plan_for_energy_resilience_2276" title="Andy Grove - plan to retrofit cars with plug-in hybrid engines">plan to test the viability of retrofitting US autos into plug-in hybrids</a> fashioned along the lines of <a href="http://gm-volt.com/" title="GM Volt">GM&#8217;s Volt</a> design. He suggest testing this on 1 million cars at a cost of about $10 billion mainly due to the continued high cost for batteries ($10,000 per car). He is also pushing <a href="http://online.wsj.com/article/SB122904767715400759.html" title="Grove pushes Intel to power cars">Intel to get back into the battery business</a>, suggesting he sees this idea as more than just idle speculation.</p>
<p>Grove wants to focus on retrofitting a few high volume, low mileage models to test the theory. His goal is to reduce the dependency of our transportation system on petroleum and therefore foreign interests by moving more of our transportation miles to rely on electricity. Arguing that electricity is generated using a variety of fuel sources and a higher carbon productivity rate, this will also reduce GHGs emissions.</p>
<p>His article received a significant amount of feedback encouraging him to <a href="http://www.mckinseyquarterly.com/An_electric_plan_for_energy_resilience_2276?lid=103" title="Grove responds">prepare a response</a> only a few days after the original was posted. Primary concerns of those writing in were:</p>
<p>Electricity Generation</p>
<p>Electrical Grid Capacity</p>
<p>Small Impact of 1 million Cars</p>
<p>Getting Political Support</p>
<p>and one reader who suggested he stick to his knitting and leave energy to others.</p>
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		<title>EU to cut CO2 emissions 20% by 2020</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/eu-to-cut-co2-emissions-20-by-2020/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/eu-to-cut-co2-emissions-20-by-2020/#comments</comments>
		<pubDate>Wed, 17 Dec 2008 19:41:54 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/12/214/</guid>
		<description><![CDATA[The European Parliament has approved a deal to cut greenhouse gas emissions in the 27-member bloc. The package will obligate EU nations to cut carbon dioxide emissions by 20 percent by 2020 from 1990 levels. The package also seeks a 20 percent energy savings and increasing the use of renewable energy sources up to 20 [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.dw-world.de/dw/function/0,,12215_cid_3883317,00.html" title="EU reaches GHG emissions reduction agreement.">The European Parliament has approved a deal to cut greenhouse gas emissions</a> in the 27-member bloc. The package will obligate EU nations to cut carbon dioxide emissions by 20 percent by 2020 from 1990 levels. The package also seeks a 20 percent energy savings and increasing the use of renewable energy sources up to 20 percent of the total. Lawmakers in Strasbourg also agreed measures to cut CO2 emissions from new cars by 18 percent by 2015.</p>
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		<title>Obama’s Green Team</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/obamas-green-team/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/obamas-green-team/#comments</comments>
		<pubDate>Tue, 16 Dec 2008 18:38:49 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=205</guid>
		<description><![CDATA[President-elect Obama has followed up on his campaign climate commitments in selecting his &#8220;Green Team&#8221; for environment, energy and new coordinating positions. His picks confirm the Obama administration intends for the US to make an about-face on energy and environmental issues. His selections are experienced in alternative energy and cap-and-trade systems. In several cases choosing [...]]]></description>
			<content:encoded><![CDATA[<p>President-elect Obama has followed up on his campaign climate commitments in <a href="http://www.nytimes.com/2008/12/11/us/politics/11appoint.html?ref=us" title="Obama selects heads of energy and environment">selecting his &#8220;Green Team&#8221; for environment, energy and new coordinating positions.</a> His picks confirm the Obama administration intends for the US to make an about-face on energy and environmental issues. His selections are experienced in alternative energy and cap-and-trade systems. In several cases choosing science and engineering over legal and political experience, Obama is clearly indicating the climate debates in his administration will include significant scientific evidence.</p>
<p>Steven Chu, the director of the Lawrence Berkeley National Laboratory and a 1997 corecipient of the Nobel Prize in Physics, is Obama&#8217;s pick for secretary of energy. Lisa Jackson, a former commissioner of New Jersey&#8217;s Department of Environmental Protection who was trained as a chemical engineer, is nominated for the post as administrator of the Environmental Protection Agency. And Carol Browner, former EPA chief in the Clinton administration, has been asked to serve as a &#8220;high-level coordinator&#8221; on energy issues—and perhaps something of a &#8220;czar&#8221; on climate change.</p>
<p>
Department of Energy &#8211; Steven Chu<br />
At Berkeley, Chu has strongly advocated research into solar power and advanced biomass, in particular biofuels made from grasses that won&#8217;t compete for space with farmland. At a talk this summer in Nevada, Chu said, &#8220;In the first eight months of a new research program, we have developed ways to separate out cellulose, and we have already made a yeast [that] makes a gasolinelike fuel. Already within eight months, we are working on diesel and jet replacement fuels. We need to work with making this really scalable so it will outperform the yeast we have to today.&#8221; (One potential disagreement with Obama: Chu has criticized corn-based ethanol, which Obama has strongly supported in the Senate and in the campaign.)</p>
<p>
Administrator of the EPA &#8211; Lisa Jackson<br />
Ms. Jackson had been the head of New Jersey’s Department of Environmental Protection since 2006, and in October, Gov. Jon S. Corzine announced that she would become his chief of staff starting on December. She presently serves as Vice President of the Executive Board of the Regional Greenhouse Gas Initiative, a program organized by northeast states to develop a regional cap-and-trade program to reduce greenhouse gas emissions from energy producers. She has a master’s degree in chemical engineering from Princeton and spent 16 years at the federal E.P.A. as a top enforcement officer in Washington and New York. She has led the Obama transition team at E.P.A. and knows the agency inside and out, according to associates.</p>
<p>Coordinator of Energy and Environmental Policy<br />
Browner will work closely with Obama, who pledged his “personal engagement” in these issues, and coordinate the work of the DOE, EPA, as well as the federal, state and local governments. Obamo pointed out that Browner will bring her experience from the EPA of establishing the NOx and SO2 emissions trading programme. On the international stage, she was behind drafting the US’ submission to the Kyoto protocol in 1997, which he said was the “the best framework for carbon policy that has ever been developed.”</p>
<p>Ms. Browner, an acolyte of former Vice President Al Gore, will have forceful support in the new Congress, including Speaker Nancy Pelosi, Representative Henry A. Waxman of California, who will be the new chairman of the House Energy and Commerce Committee, and Senator Barbara Boxer of California, who is returning as chairwoman of the Senate Environment and Public Works Committee. Opposing their efforts will be many Republicans and some Democrats, as well as manufacturers, utilities, oil companies and coal producers who will bear the brunt of the costs of any steps to reduce carbon dioxide emissions, the main culprit in global warming.</p>
<p>The nominees have a record of supporting high levels of federal involvement in energy and environmental issues, both in terms of money invested and regulatory oversight. During the early 1990s, Browner earned a reputation for attempting to uphold water and air regulations in the face of opposition from congressional Republicans. Jackson, likewise, at a congressional hearing last May on mercury emissions, told lawmakers, &#8220;Implementing the real maximum achievable protections is simply the only moral and ethical choice available if we are to meet our responsibility as public officials.&#8221;</p>
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		<title>Analysts cut EU Allowance Price Forecast</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/analysts-cut-eu-allowance-price-forecast/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/analysts-cut-eu-allowance-price-forecast/#comments</comments>
		<pubDate>Tue, 16 Dec 2008 01:00:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[carbon credits]]></category>
		<category><![CDATA[carbon offsets]]></category>
		<category><![CDATA[CER]]></category>
		<category><![CDATA[EU ETS]]></category>
		<category><![CDATA[EUA]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/12/analysts-cut-eu-allowance-price-forecast/</guid>
		<description><![CDATA[Citing lower forecasts in 2009 output along with an increase in the number of firms announcing temporary shutdowns, analysts are scaling back their forecasts for carbon emissions and the price for allowances for those emissions. Societe Generale has cut their forecast for EUAs a third to 17 euros a ton. They went on to say [...]]]></description>
			<content:encoded><![CDATA[<p>Citing lower forecasts in 2009 output along with an increase in the number of firms announcing temporary shutdowns, <a href="http://www.reuters.com/article/environmentNews/idUSTRE4BE1Q220081215" title="Societe Generale cuts EU carbon emissions forecast">analysts are scaling back their forecasts for carbon emissions</a> and the price for allowances for those emissions. Societe Generale has cut their forecast for EUAs a third to 17 euros a ton. They went on to say prices could rise to 20 euros by 2012, sharply down from estimates earlier this year that prices would reach 37 euros during this timeframe.</p>
<p>Deutsche Bank believes EU emissions in 2009 could be 10% below 2007 levels. This would <a href="http://www.carbonpositive.net/viewarticle.aspx?articleID=98" title="Gloom envelops EU carbon market">push emissions below allowances for 2009</a>. The excess allowances for 2009 can be &#8220;banked&#8221; for use through 2012 and the forecasted emissions for 2009-2012 remain slightly above the EU carbon allowances. As a result of reduced emissions and smaller shortfall, UN-approved Certified Emission Reductions (CERs) which EU industry can import from developing nations to meet compliance, may be able to meet the entire shortfall. Price estimates for EUAs and CERs clearly indicate analysts believe CERs will set the pricing for EUAs for the next few years.</p>
<p>The good news is EU will be able to meet the allowances under phase 2 with a small &#8220;carbon price&#8221; in this recessionary period. This is also the bad news, as the lower price reduces the investment per ton of CO<sub>2</sub> available for carbon abatement projects. The net is by 2012, the European Union will have done less and perhaps much less to lower the Green House Gases (GHG) they produce per unit of energy they consume than anticipated when the allowance allocations were set.</p>
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		<title>Obama Picks Green Scientist for Energy Secretary</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/obama-picks-green-scientist-for-energy-secretary/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/obama-picks-green-scientist-for-energy-secretary/#comments</comments>
		<pubDate>Sat, 13 Dec 2008 00:20:17 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[politics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=178</guid>
		<description><![CDATA[Packing up his campaign talk of tackling global climate change head-on, President-elect Obama has selected Nobel physics laureate Steven Chu to head up the department of energy. 
Chu heads the Lawrence Berkeley National Laboratory, stamping his imprint on the lab with an aggressive focus on developing new alternative energy technology. &#8220;If I were emperor of [...]]]></description>
			<content:encoded><![CDATA[<p>Packing up his campaign talk of tackling global climate change head-on, President-elect Obama has selected Nobel physics laureate Steven Chu to head up the department of energy. <img src="http://dwaynenesmith.com/wp-content/uploads/2008/12/chu.jpg" border="0" alt="chu.jpg" width="270" height="203" /></p>
<p>Chu heads the Lawrence Berkeley National Laboratory, stamping his imprint on the lab with an aggressive focus on developing new alternative energy technology. &#8220;If I were emperor of the world, I would put the pedal to the floor on energy efficiency and conservation for the next decade,&#8221; Chu stated in an interview last year.</p>
<p>Chu&#8217;s experience in advanced technology and renewable energy and lack of background in fossil fuels signals Obama expects the energy department to concentrate on new fuels, experts said.</p>
<p>&#8220;I believe that the selection of Steve Chu suggests that President-elect Obama is quite serious about reordering the energy sector and executing his vision of a green economy,&#8221; said Jerry Taylor, a senior fellow at Cato Institute.</p>
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		<title>Lower Energy Costs vs. Greenhouse Gas Emissions</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/lower-energy-costs-vs-greenhouse-gas-emissions/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/lower-energy-costs-vs-greenhouse-gas-emissions/#comments</comments>
		<pubDate>Thu, 11 Dec 2008 17:11:06 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=138</guid>
		<description><![CDATA[The 2008-2009 economic recession has had a major impact on energy prices and price estimates for 2009. The Energy Information Administration (EIA) estimates petroleum products consumption in 2008 will fall 5.8% from the 2007 average and another 1% in 2009. Electricity consumption in 2008 is expected to be flat with 2007 and to decline in [...]]]></description>
			<content:encoded><![CDATA[<p>The 2008-2009 economic recession has had a major impact on energy prices and price estimates for 2009. The <a href="http://www.eia.doe.gov">Energy Information Administration</a> (EIA) estimates <a href="http://www.eia.doe.gov/emeu/steo/pub/contents.html">petroleum products consumption in 2008</a> will fall 5.8% from the 2007 average and another 1% in 2009. Electricity consumption in 2008 is expected to be flat with 2007 and to decline in 2009. With spot fuel prices down from summer 2008 highs, residential electricity rates are predicted to rise 6% in 2008 and 5% in 2009.</p>
<p>The good news is that carbon based energy will be lower as petroleum consumption and electricity demand decrease. And with an increase in wind, nuclear, natural gas and petroleum fueled electricity generation, electricity produced by burning coal should fall 0.2% in 2009. Unfortunately, these changes do little to alter the GreenHouse Gas (GHG) emissions forecast from the &#8220;Business as Usual&#8221; scenario (See <a href="http://dwaynenesmith.com/blog/archives/2008/12/increasing-carbon-productivity/">Increasing Carbon Productivity Tenfold</a>).</p>
<p>According to the The Carbon Productivity Challenge published by McKinsey &amp; Company, the world has 50 years to increase carbon productivity from $7,300 GDP per ton of CO<sub>2</sub>e to $740 GDP per ton of CO<sub>2</sub>e. Some big steps are needed with a cost for GHG emissions via a cap and trade system at the top of the list.</p>
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		<title>Van Jones on Green Economics</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/12/van-jones-on-green-economics/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/12/van-jones-on-green-economics/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 19:34:09 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[green economy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=135</guid>
		<description><![CDATA[Big Think shares the views of Van Jones president of profiting from a Green Economy.

Van is correct that the Green Economy can provide opportunities for a people of all walks of life.  And that we have to move and move quickly.  The need to conserve, use renewables and offset Greenhouse Gases (GHGs) will create many [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://bigthink.com">Big Think</a> shares the views of <a href="http://www.greenforall.org/about-us/staff">Van Jones</a> president of <a href="http://www.bigthink.com/science-technology/the-environment/14283">profiting from a Green Economy.</a></p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="416" height="347" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="id" value="video_player" /><param name="align" value="middle" /><param name="allowScriptAccess" value="sameDomain" /><param name="allowFullScreen" value="true" /><param name="quality" value="high" /><param name="bgcolor" value="#FFFFFF" /><param name="wmode" value="transparent" /><param name="flashVars" value="ideaid=14283&amp;embedded=true&amp;ideacolor=2&amp;videowidth=404&amp;videoheight=303&amp;loadUrl=http://www.bigthink.com/feed/playerInfo.xml" /><param name="src" value="http://www.bigthink.com/swf/video_player_404x303.swf" /><embed id="video_player" type="application/x-shockwave-flash" width="416" height="347" src="http://www.bigthink.com/swf/video_player_404x303.swf" flashvars="ideaid=14283&amp;embedded=true&amp;ideacolor=2&amp;videowidth=404&amp;videoheight=303&amp;loadUrl=http://www.bigthink.com/feed/playerInfo.xml" wmode="transparent" bgcolor="#FFFFFF" quality="high" allowfullscreen="true" allowscriptaccess="sameDomain" align="middle"></embed></object></p>
<p>Van is correct that the Green Economy can provide opportunities for a people of all walks of life.  And that we have to move and move quickly.  The need to conserve, use renewables and offset Greenhouse Gases (GHGs) will create many jobs where there have been few.  (i.e. Building Nuclear and Wind power stations.)  There will be many jobs that come from the need to reduce GHGs throughout the rest of the economy starting with our own <a href="http://carbonclue.com/cost-free-energy-saving-ideas">actions to conserve energy</a>.  And while the US does need to move toward better family balance sheets, the picture painted here is overly bleak.</p>
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		<title>Obama Represents a New Day in America</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/11/obama-represents-a-new-day-in-america/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/11/obama-represents-a-new-day-in-america/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 00:16:58 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=133</guid>
		<description><![CDATA[All Americans can be proud that the country we love has taken a giant leap forward with the election of Barak Obama.  And African Americans should truly rejoice with his victory.  Not that victory in the civil rights movement is at hand, but that the ultimate glass ceiling has been broken.  Not everyone will agree [...]]]></description>
			<content:encoded><![CDATA[<p>All Americans can be proud that the country we love has taken a giant leap forward with the election of Barak Obama.  And African Americans should truly rejoice with his victory.  Not that victory in the civil rights movement is at hand, but that the ultimate glass ceiling has been broken.  Not everyone will agree with all of his policies, but no one will argue that his story is indeed one than can happen no where else in the world.<object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="src" value="http://www.youtube.com/v/Jll5baCAaQU&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;fs=1" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/Jll5baCAaQU&amp;color1=0xb1b1b1&amp;color2=0xcfcfcf&amp;hl=en&amp;fs=1" allowfullscreen="true"></embed></object></p>
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		<title>General session audience</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/10/cloud-summit-audience/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/10/cloud-summit-audience/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 22:58:11 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=128</guid>
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	General session audience, originally uploaded by Alex Dunne.


	The inaugural Cloud Summit held in Mtn. View, CA, was well attended with attendees representing many of the California technology companies and their suppliers of money and advice.
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	<a href="http://www.flickr.com/photos/adunne/2942746256/" title="photo sharing"><img src="http://farm4.static.flickr.com/3163/2942746256_5556d35dd5.jpg" class="flickr-photo" alt="" /></a><br />
<br />
	<span class="flickr-caption"><a href="http://www.flickr.com/photos/adunne/2942746256/">General session audience</a>, originally uploaded by <a href="http://www.flickr.com/people/adunne/">Alex Dunne</a>.</span>
</div>
<p class="flickr-yourcomment">
	The inaugural Cloud Summit held in Mtn. View, CA, was well attended with attendees representing many of the California technology companies and their suppliers of money and advice.</p>
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		<title>The Encyclopedia of Life</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/10/the-encyclopedia-of-life/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/10/the-encyclopedia-of-life/#comments</comments>
		<pubDate>Fri, 24 Oct 2008 01:47:46 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=126</guid>
		<description><![CDATA[David Pogue interviews E.O. Wilson, founder / father of the Encyclopedia of Life and learns about mushrooms and ants. Predicting we have identified less than 12% and maybe as little as 1% of the species on the planet there are big hopes for this collaborative experienment.
]]></description>
			<content:encoded><![CDATA[<p><a href="http://topics.nytimes.com/top/reference/timestopics/people/p/david_pogue/index.html">David Pogue</a> <a href="http://www.nytimes.com/2008/10/23/technology/personaltech/23pogue-email.html?_r=1&amp;8cir&amp;emc=cira1&amp;oref=slogin">interviews</a> <a href="http://en.wikipedia.org/wiki/Edward_Osborne_Wilson">E.O. Wilson</a>, founder / father of the <a href="http://www.eol.org/">Encyclopedia of Life</a> and learns about mushrooms and ants. Predicting we have identified less than 12% and maybe as little as 1% of the species on the planet there are big hopes for this collaborative experienment.</p>
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		<title>Generation-WE</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/10/generation-we/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/10/generation-we/#comments</comments>
		<pubDate>Thu, 23 Oct 2008 15:50:33 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=123</guid>
		<description><![CDATA[This video is worth a few minutes of your time.


The Generation WE movement is the largest generation in history, they are independant &#8211; politically, socially, and philosophically &#8211; and are spearheading a period of sweeping change in America and around the world. Check it out.
]]></description>
			<content:encoded><![CDATA[<p>This video is worth a few minutes of your time.</p>
<p><object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="425" height="344" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowFullScreen" value="true" /><param name="src" value="http://www.youtube.com/v/vknHKTy1MLY&amp;hl=en&amp;fs=1" /><embed type="application/x-shockwave-flash" width="425" height="344" src="http://www.youtube.com/v/vknHKTy1MLY&amp;hl=en&amp;fs=1" allowfullscreen="true" /><br />
</object></p>
<p>The <a href="http://www.gen-we.org/">Generation WE</a> movement is the largest generation in history, they are independant &#8211; politically, socially, and philosophically &#8211; and are spearheading a period of sweeping change in America and around the world. Check it out.</p>
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		<title>Replace the White Picket Fence with a White Roof</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/10/replace-the-white-picket-fence-with-a-white-roof/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/10/replace-the-white-picket-fence-with-a-white-roof/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 20:05:39 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[carbon offsets]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/10/replace-the-white-picket-fence-with-a-white-roof/</guid>
		<description><![CDATA[Is a white roof in your future? Reflective Roofing may in fact be most cost effective geo-engineering option for fighting Global Climate Change. Roof and pavement surfaces with a higher albedo, or ability to reflect the Sun&#8217;s energy back into space, may prove to be a critical factor in buying us enough time to lower [...]]]></description>
			<content:encoded><![CDATA[<p>Is a <a href="http://www.huffingtonpost.com/a-siegel/energy-cool-white-roofing_b_128545.html?show_comment_id=16006112" title="A. Siegel - Huffington Post - White Roof Silver Bullet...?">white roof in your future</a>? Reflective Roofing may in fact be most cost effective <a href="http://getenergysmartnow.com/2008/02/28/geoengineering-basic-principles-some-thoughts-some-questions/" title="Geo-Engineering Options - Get Energy Smart Now">geo-engineering option</a> for fighting Global Climate Change. Roof and pavement surfaces with a higher albedo, or ability to reflect the Sun&#8217;s energy back into space, may prove to be a critical factor in buying us enough time to lower Greenhouse Gas (GHG) emissions. The Heat Island Group at Lawrence Berkeley Labs suggest <a href="http://www.climatechange.ca.gov/events/2008_conference/presentations/2008-09-09/Hashem_Akbari.pdf" title="Heat Island Group Report on Higher Albedo in Cities">reflective roof and pavement in 100</a> of the largest cities could offset the climate change impact of 44 GT CO<sub>2</sub>. That&#8217;s more than the world emits today. Doesn&#8217;t solve the longterm problem, but lowers the impact while CO<sub>2</sub> emissions are reduced.</p>
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		<title>RGGI Holds First US Auction</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/09/rggi-holds-first-us-auction/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/09/rggi-holds-first-us-auction/#comments</comments>
		<pubDate>Mon, 29 Sep 2008 01:23:13 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[auction]]></category>
		<category><![CDATA[carbon credits]]></category>
		<category><![CDATA[RGGI]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/09/rggi-holds-first-us-auction/</guid>
		<description><![CDATA[With allowances exceeding current emission&#8217;s forecast the first auction of allowances in a mandatory US system brought little new information. Keith Johnson at Environmental Capital put it this way:
“But don’t get too excited. The Regional Greenhouse Gas Initiative, or ”RGGI,“ is more likely to start with a whimper than a bang. Prices for the carbon [...]]]></description>
			<content:encoded><![CDATA[<p>With allowances exceeding current emission&#8217;s forecast the first auction of allowances in a mandatory US system brought little new information. <a href="http://blogs.wsj.com/environmentalcapital">Keith Johnson at Environmental Capital</a> put <a href="http://blogs.wsj.com/environmentalcapital/2008/09/25/rggis-rules-northeast-launches-first-us-carbon-cap-but-will-it-work/">it this way</a>:<br />
<em>“But don’t get too excited. The Regional Greenhouse Gas Initiative, or ”RGGI,“ is more likely to start with a whimper than a bang. Prices for the carbon permits are likely to be low, and that will probably undermine the scheme’s plan to force utilities to generate cleaner power.”</em></p>
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		<title>Cutting US Greenhouse Gas Emissions</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/09/cutting-us-greenhouse-gas-emissions/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/09/cutting-us-greenhouse-gas-emissions/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 17:59:06 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[US Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/12/cutting-us-greenhouse-gas-emissions/</guid>
		<description><![CDATA[US GreenHouse Gas (GHG) emissions are estimated to rise to 9.7 gigatons of Carbon Dioxide equivalents (CO2e) up from 7.2 gigatons CO2e in 2005. Coupled with a gradual decrease in cabon sinks&#8217; absorption many experts and legislation currently before the US Congress places the 2030 target at 3.5 to 5.2 gigatons of CO2e.
All of this [...]]]></description>
			<content:encoded><![CDATA[<p style="clear: both">US GreenHouse Gas (GHG) emissions are estimated to rise to 9.7 gigatons of Carbon Dioxide equivalents (CO<sub>2</sub>e) up from 7.2 gigatons CO<sub>2</sub>e in 2005. Coupled with a gradual decrease in cabon sinks&#8217; absorption many experts and legislation currently before the US Congress places the 2030 target at 3.5 to 5.2 gigatons of CO<sub>2</sub>e.</p>
<p style="clear: both">All of this is from McKinsey &amp; Company in a report on how the US can cut GHG emissions by 3.0 to 4.5 gigatons at a marginal cost below $50 per ton using tested approaches and high-potential emerging technologies.</p>
<p style="clear: both">Key findings are both encouraging and at the same time, highlight the effort facing the US and the world in dramatically cutting GHG emissions.</p>
<ul>
<li>Carbon abatement opportunities are highly fragmented and widely spread across the economy.</li>
<li>Almost 40% of abatement can be achieved with a positive ROI.</li>
<li>Abatement costs, potential and mix vary across regions of the country.</li>
</ul>
<p>Investments of about $50 billion annually through 2030 are needed to cut 3.0 gigatons of emissions. These investments are highly concentrated in the power and transportation sectors. This number will increase if the nation chooses to mandate higher-cost options and/or if some energy efficiency gains do not materialize.</p>
<p style="clear: both">Five abatement potential sectors from least to highest average cost:</p>
<ul>
<li>Improve building and appliances efficiency &#8211; 710 to 870 megatons</li>
<li>Increase fuel efficience in vehicles &#8211; 340 to 660 megatons</li>
<li>Industrial sector &#8211; 620 to 770 megatons</li>
<li>Cargon sinks &#8211; 440 to 590 megatons</li>
<li>Reduce carbon intensity of electricity generation &#8211; .8 to 1.57 gigatons</li>
</ul>
<p>Across all sectors, greater energy productivity can reduce the need for abatement investment and in many instances provide net economic gains. Energy efficiency in buildings, appliances and industrial uses could offset up to 85% of incremental electricity needs cutting most if not all of the incremental coal-fired power plants used in the baseline.</p>
<p style="clear: both">Bottom line is things need to start soon around these themes:</p>
<ol>
<li>Stimulate action through strong, coordinated policies to capture GHG reductions effiently across all sectors and geographies.</li>
<li>Quickly pursue energy efficiency and positive ROI options.</li>
<li>Accelerate low-carbon energy infrastructure development.</li>
</ol>
<p>Acting soon, we can reach these goals at an acceptable impact to lifestyle and quality of life. Delay will increase the cost greatly and is likely to lead to significantly larger impact to those least able to absorb it.</p>
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		<title>Increasing Carbon Productivity Tenfold</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/09/increasing-carbon-productivity-tenfold/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/09/increasing-carbon-productivity-tenfold/#comments</comments>
		<pubDate>Fri, 12 Sep 2008 23:52:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[carbon]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=140</guid>
		<description><![CDATA[In The Carbon Productivity Challenge, McKinsey &#38; Company focuses on two objectives — stabilizing atmospheric greenhouse gases (GHGs) and maintaining economic growth — and proposes the world has 50 years to increase the GDP per unit of carbon dioxide equivalents (CO2e) tenfold. A task the authors equate to the productivity improvement delivered during the 100 [...]]]></description>
			<content:encoded><![CDATA[<p>In <a href="http://www.mckinsey.com/mgi/publications/Carbon_Productivity/index.asp">The Carbon Productivity Challenge</a>, <a href="http://www.mckinsey.com">McKinsey &amp; Company</a> focuses on two objectives — stabilizing atmospheric greenhouse gases (GHGs) and maintaining economic growth — and proposes the world has 50 years to increase the GDP per unit of carbon dioxide equivalents (CO2e) tenfold. A task the authors equate to the productivity improvement delivered during the 100 years of the industrial revolution.</p>
<p>A daunting task for sure, yet the study highlights that current technology allows us to get there provided investments, significant investments, begin soon.</p>
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		<title>Buy a rug; Learn to influence</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/08/buy-a-rug-learn-to-influence/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/08/buy-a-rug-learn-to-influence/#comments</comments>
		<pubDate>Fri, 08 Aug 2008 19:52:21 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[influence]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=122</guid>
		<description><![CDATA[Is the world smaller? Maybe so or maybe good ideas stick regardless of the time and distance they travel to their location. In any event, you can find the latest business thinking in far away places. If you follow Robert Cialdini, then you will want to read this story about a rug business in Turkey [...]]]></description>
			<content:encoded><![CDATA[<p>Is the world smaller? Maybe so or maybe good ideas stick regardless of the time and distance they travel to their location. In any event, you can find the latest business thinking in far away places. If you follow <a href="http://www.influenceatwork.com/CialdiniBiography.html">Robert Cialdini</a>, then you will want to read <a href="http://academicbiz.typepad.com/piloted/2007/01/what_i_learned_.html">this story</a> about a rug business in Turkey using the powers of influence.</p>
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		<title>Employers’ Opportunity to Improve Health Care Results</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/07/employers-opportunity-to-improve-health-care-results/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/07/employers-opportunity-to-improve-health-care-results/#comments</comments>
		<pubDate>Tue, 22 Jul 2008 16:13:22 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=119</guid>
		<description><![CDATA[No doubt health care costs continue to reduce the bottom line of many small businesses. Even after pushing vendors hard and changine plans every few years, costs continue to climb and health outcomes measured by employee absenteeism and chronic ailments are stagnant or falling.
Like it or not, businesses will continue to be in the business [...]]]></description>
			<content:encoded><![CDATA[<p style="clear: both">No doubt health care costs continue to reduce the bottom line of many small businesses. Even after pushing vendors hard and changine plans every few years, costs continue to climb and health outcomes measured by employee absenteeism and chronic ailments are stagnant or falling.<br />
Like it or not, businesses will continue to be in the business of providing healthcare plans to employees for some time to come. Therefore, businesses need to look at different ways to &#8220;get their money&#8217;s worth&#8221; when it comes to healthcare.<br />
<a href="http://pine.hbs.edu/external/facPersonalShow.do?pid=6532">Michael Porter</a>, the Harvard Business School professor, suggests <a href="http://hbswk.hbs.edu/item/5979.html">it is time for employers to think in terms of value</a> and focus on better outcomes.</p>
<p style="clear: both">Porter suggests employers adopt four principles for providing healthcare to employees:<br />
<strong style="color: #484848;">First</strong>, the best way truly to reduce health care cost is to improve its quality. Quality, defined in terms of outcomes, is the secret to success in health care.</p>
<p style="clear: both"><strong style="color: #484848;">Second</strong>, high-value care is delivered by integrated practice units including all the needed specialties that care for the patient&#8217;s medical condition over the full cycle of care.</p>
<p style="clear: both"><strong style="color: #484848;">Third</strong>, prevention and screening can dramatically improve value, as does ongoing disease management to prevent recurrences and setbacks.</p>
<p style="clear: both"><strong style="color: #484848;">Fourth</strong>, the only way truly to drive value is to measure patient outcomes for each medical condition.</p>
<p style="clear: both"></p>
<p><br class="final-break" style="clear: both" /></p>
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		<title>Get Tuned In</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/06/get-tuned-in/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/06/get-tuned-in/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 16:14:55 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[Tuned In]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=120</guid>
		<description><![CDATA[The folks at Pragmatic Marketing have put together a great book describing their process for creating products and services that customers want and more importantly will buy.
Tuned In is a quick read and should prove to be a valuable reference guide as you turn to your potential customers to define the products and services someone [...]]]></description>
			<content:encoded><![CDATA[<p style="clear: both">The folks at <a href="http://www.pragmaticmarketing.com">Pragmatic Marketing</a> have put together a great book describing their process for creating products and services that customers want and more importantly will buy.<br />
<a href="http://www.pragmaticmarketing.com/tunedin">Tuned In</a> is a quick read and should prove to be a valuable reference guide as you turn to your potential customers to define the products and services someone is most likely to buy.<a href="http://www.pragmaticmarketing.com/tunedin"></a></p>
<p><br class="final-break" style="clear: both" /></p>
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		<title>Blogo – Macintosh blog writing tool</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/blogo-macintosh-blog-writing-tool/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/blogo-macintosh-blog-writing-tool/#comments</comments>
		<pubDate>Thu, 29 May 2008 16:33:04 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=118</guid>
		<description><![CDATA[So the Apple world has yet to come up with a blogging tool to satisfy the desires of those familiar with Live Writer. I&#8217;m testing blogo, and it may work for some of you. Here is a screen shot from their site. 

Screenshot


]]></description>
			<content:encoded><![CDATA[<p style="-webkit-background-clip: initial; -webkit-background-origin: initial;">So the Apple world has yet to come up with a blogging tool to satisfy the desires of those familiar with Live Writer. I&#8217;m testing <a href="http://drinkbrainjuice.com/blogo">blogo</a>, and it may work for some of you. Here is a screen shot from their site. <a href="http://drinkbrainjuice.com/products/screenshots/1/5"></a></p>
<p class="blogo-linebreaks-removed-1" style="-webkit-background-clip: initial; -webkit-background-origin: initial;"><a href="http://dwaynenesmith.com/wp-content/uploads/2008/07/screenshot-11.jpg"><img class="linked-to-original" src="http://dwaynenesmith.com/wp-content/uploads/2008/07/screenshot-1.jpg" height="236" align="" width="378" style=" text-align: center; display: block; margin: 0 auto 0;" /></a><br style="clear: both" /></p>
<p style="-webkit-background-clip: initial; -webkit-background-origin: initial;"><a href="http://drinkbrainjuice.com/products/screenshots/1/5">Screenshot</a><a href="http://drinkbrainjuice.com/products/screenshots/1/5"></a></p>
<p style="-webkit-background-clip: initial; -webkit-background-origin: initial;">
<p><br class="final-break" style="clear: both" /></p>
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		<title>A former pain in the neck</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/a-former-pain-in-the-neck/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/a-former-pain-in-the-neck/#comments</comments>
		<pubDate>Sat, 24 May 2008 19:02:16 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Science]]></category>
		<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=113</guid>
		<description><![CDATA[What a relief. After 15 months of avoiding surgery to repair an increasing hierniation in my neck last week, Boulder Neurosurgery Association performed an Anterior cervical discectomy and fusion.

The outpatient procedure provided immediately relief to pain and numbness down my right arm into my thumb and forefinger.

  Blogged with the Flock Browser

]]></description>
			<content:encoded><![CDATA[<p>What a relief. After 15 months of avoiding surgery to repair an increasing hierniation in my neck last week, Boulder Neurosurgery Association performed an <a title="Anterior cervical discectomy and fusion" href="http://en.wikipedia.org/wiki/Anterior_cervical_discectomy_and_fusion">Anterior cervical discectomy and fusion.</a><br />
<a class="image" title="Anterior cervical discectomy " href="http://en.wikipedia.org/wiki/Image:ACDF_surgery_english.png"><img class="thumbimage" style="margin: 0pt 0pt 10px 10px; float: right;" src="http://upload.wikimedia.org/wikipedia/commons/thumb/4/4e/ACDF_surgery_english.png/300px-ACDF_surgery_english.png" border="0" alt="Anterior cervical discectomy " width="300" height="249" /></a><br />
The outpatient procedure provided immediately relief to pain and numbness down my right arm into my thumb and forefinger.</p>
<div class="flockcredit" style="text-align: right; color: #CCC; font-size: x-small;">
  Blogged with the <a style="color: #999; font-weight: bold;" title="Flock Browser" href="http://www.flock.com/blogged-with-flock" target="_new">Flock Browser</a>
</div>
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		<title>Gmail under bot attack?</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/gmail-under-bot-attack/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/gmail-under-bot-attack/#comments</comments>
		<pubDate>Sat, 24 May 2008 18:18:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=112</guid>
		<description><![CDATA[Websense announced in February that Google’s CAPTCHA busted in recent spammer tactic. This came right on the heels of bots breaking the Live Hotmail CATTCHA system. With my gmail account compromised a few weeks ago, I began looking into the likely ways this was done and and I believe there was a good chance it [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.websense.com/global/en/">Websense</a> announced in February that <a href="http://securitylabs.websense.com/content/Blogs/2919.aspx#">Google’s CAPTCHA busted in recent spammer tactic.</a> This came right on the heels of bots breaking the Live Hotmail CATTCHA system. With my gmail account compromised a few weeks ago, I began looking into the likely ways this was done and and I believe there was a good chance it was via a bot attack. I have found no evidence of spyware on any of the machines I use. Change your passwords and check into your mail accounts often. You may also want to keep notes on when you opened the account and the email address you gave as a backup. These are things Google will use to return access to the account to you.</p>
<div class="flockcredit" style="text-align: right; color: #CCC; font-size: x-small;">
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<p><!-- technorati tags begin --></p>
<p style="font-size:10px;text-align:right;">Tags: <a href="http://technorati.com/tag/technology" rel="tag">technology</a></p>
<p><!-- technorati tags end --></p>
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		<title>My Gmail Got Hacked</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/my-gmail-got-hacked/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/my-gmail-got-hacked/#comments</comments>
		<pubDate>Fri, 09 May 2008 01:13:31 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Privacy]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=111</guid>
		<description><![CDATA[Today at 3:22 PM, I received the first phone call and would later discover that the first email also arrived then. Apparently, another form of Nigerian embezzlement was underway with a message from my hacked gmail account being sent to my contacts.

  Subject: &#8220;Very Important, Please Read ASAP.&#8221;
I want you to read carefully and [...]]]></description>
			<content:encoded><![CDATA[<p>Today at 3:22 PM, I received the first phone call and would later discover that the first email also arrived then. Apparently, another form of Nigerian embezzlement was underway with a message from my hacked <a href="http://gmail.com">gmail</a> account being sent to my contacts.</p>
<blockquote><p>
  Subject: &#8220;Very Important, Please Read ASAP.&#8221;</p>
<p>I want you to read carefully and please kindly get back to you asap; it&#8217;s very urgent and important. I am currently out of states for a personal business trip in London. Unfortunately, I misplaced both my wallet &amp; my ATM card, maybe at the hotel where i lodged or somewhere else I can&#8217;t really say exactly.</p>
</blockquote>
<p>
You can read the rest of their message below along with a few responses to me and the fake reply to email address.</p>
<p>I&#8217;ll write in a later post what I think the ramifications of this may be for both those whose contact data was stolen and me. I&#8217;ll include in that any additional lessons I discover regarding this. And if I discover it the <a href="http://tech.blorge.com/Structure:%20/2008/02/27/gmail-bot-detection-system-hacked/">gmail bot detection system has been tricked</a>, I&#8217;ll let you know that too. But for now here is the rest of the message and my favorite response.</p>
<blockquote><p>
  Right now I&#8217;m totally confused, as I don&#8217;t know what to do, I went to the US Embassy to report the issue and also seek for their financial assistance for me to get back home and also pay the hotel bills but unfortunately me nothing could be done to assist me financially at the Us Embassy, I didn&#8217;t have my phone here since my traveling was outside the country, I would have prefer discussing this with you over the phone, but since I have no access to phone I decided to contact you by email because its the only avenue I can use to send you this urgent notice..</p>
<p>I&#8217;m totally stranded and have no dime with me here, can you please do me a favor? I need a loan worth of $2000 from you so that I could pay the hotel bills and also book a return ticket back home. Will you be able to get me the loan and how soon, cos I will need it ASAP? I promise to pay you as soon as I get home. I need to pay up the hotel bills so that I could be free to pack my luggage and leave to board a flight back home without further delaying. The hotel management here is not taking it easy with me, just because I&#8217;ve not been able to pay their bills since I&#8217;ve lodged in. I have been restricted from using so many facilities of the hotel including the uses of the telephone services.</p>
<p>Write back to me ASAP and let me know how you could assist me with the loan, then I can give you further instruction on how to send it to me. Please keep this confidentially, as I wouldn&#8217;t want anyone to know about this since I never told anyone about the trip because all my plans was that its going to be a successful one and I will be back without any cause for alarm.</p>
<p>Thanks.</p>
</blockquote>
<p>
Here is my favorite response to the perpetrator:</p>
<blockquote><p>
  I am very kindly getting back to you asap. I’m very so sorry for your urgent need of monies. How so sad that you may lost your wallet and your ATM card. You should be looking where you lodged and then may find it there.</p>
<p>I’m sure the embassy would not want to give you many monies like $2000 US dollars. Maybe you can be asking them for a loan on behalf of the tax rebate from our esteemed President Mr. Bush.</p>
<p>Good luck with your problem, I’m sure as you are so smart you will find many good ways to be making enough monies to come back. And GOOD NEWS! If you are earning British Pounds you will only need 1000 instead of 2000, this is being a good deal for you.</p>
</blockquote>
<p>
Here are some messages sent to me:</p>
<p>Hi Dwayne -<br />
I got this email message today (text below). Either you&#8217;ve been hacked, or you&#8217;re having a very difficult trip&#8230;<br />
Cheers, Andy</p>
<p>OK &#8211; what bogus web site have you been frequenting?</p>
<p>Check this out. I just received it. weird huh?</p>
<p>Looks like we are all getting strange emails from you.</p>
<p>Dwayne: Don’t you love the electronic age?</p>
<p>Looks like someone has got hold of your Gmail address…. That and his grammar is really bad.</p>
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		<title>Gas Tax Holiday Hoax</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/gas-tax-holiday-hoax/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/gas-tax-holiday-hoax/#comments</comments>
		<pubDate>Tue, 06 May 2008 16:47:26 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=110</guid>
		<description><![CDATA[The McCain &#8211; Clinton Gas Tax Holiday is a farce and voters are beginning to realize this. Of course, Obama has been correctly outlining the problems all along. There are numerous problems with this approach even if the money would trickle into the hands of the consumers who most need it and therefore spend it [...]]]></description>
			<content:encoded><![CDATA[<p>The McCain &#8211; Clinton Gas Tax Holiday is a farce and voters are beginning to realize this. Of course, <a href="http://www.barackobama.com/">Obama</a> has been <a href="http://www.google.com/url?q=http://voices.kansascity.com/node/1126&amp;sa=X&amp;oi=news_result&amp;resnum=1&amp;ct=result&amp;cd=1&amp;usg=AFQjCNFSu5PWrSOOYgKEo5BPtqOH60lOsw">correctly outlining the problems</a> all along. There are <a href="http://www.chron.com/disp/story.mpl/editorial/5756002.html">numerous problems with this approach</a> even if the money would trickle into the hands of the consumers who most need it and therefore spend it on other items. At <a href="http://www.gaspricewatch.com/usgastaxes.asp">18.4 cents per gallon</a>, the family burning two gallons per day would receive a savings of $11 dollars per month or 5% of the cost of gasoline at the <a href="http://www.fuelgaugereport.com/">current $3.61 per gallon</a>.</p>
<p>And of course, it is a proposal that few in Congress support and President Bush will veto. So, it&#8217;s a non-starter and perhaps in the eyes of two candidates a safe proposal aimed to win voter favor without having all the downsides. And there are several.</p>
<p>First of all, the tax generates revenue to pay for roads and bridge maintenance, which if anything is too small for our aging infrastructure. Of the three ways to pay for this, <a href="http://www.hillaryclinton.com">Clinton</a> suggests taxing the windfall profits on Oil Companies while <a href="http://www.johnmccain.com">McCain</a> says cut other spending. Let&#8217;s start with McCain. Congress has shown little appetite for cutting spending and the Whitehouse seems to agree that deficits matter not to voters. So, he is really offering the third option of borrowing to pay for this when we need to do the opposite.</p>
<p><a href="http://www.hillaryclinton.com/news/release/view/?id=6530">Clinton wants to tax the Oil companies with a Windfall Profit tax</a> which would do two things. First of all, it would diminish the expected returns on oil production and over the long term would decrease supply. It would in the short term put higher price pressure on Oil and with more demand coming during the summer driving season, it is more likely this added tax expense would be passed on to consumers.</p>
<p>If you want to help consumers and the retailers they visit, there are better ways to insure the money get to the right people. The stimulus package aims (many would argue aims poorly) to get $600 to those who need it most and are most likely to use it. The gas tax suspension would do no such thing.</p>
<p>And now here is the real catch. The realities of market economics cannot be suspended. Demand will increase to a point where it meets supply. Fiddling with the gas tax will not change this and the US Fuel Retail system has very little slack capacity. Therefore, supply is relatively inelastic and prices will move with demand. Bottom line, the gas tax will be eaten by the Gasoline Value Chain and consumers will be left with little in their pocket other than a higher debt and nothing done to solve the longer term energy issues. It&#8217;s bad policy, bad economics and it is time for us to show politicians, that pandering for votes is bad politics.</p>
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		<title>Thank you, Robyn.</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/thank-you-robyn/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/thank-you-robyn/#comments</comments>
		<pubDate>Sat, 03 May 2008 18:58:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=109</guid>
		<description><![CDATA[Every now and again, you meet someone and immediately know they are making a real difference for a lot of people. Robyn Johnson is such a person. For much of the last ten years, she has provided many Colorado teens with guidance, education and experiences they would likely have never seen without her hard work [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal">Every now and again, you meet someone and immediately know they are making a real difference for a lot of people. Robyn Johnson is such a person. For much of the last ten years, she has provided many Colorado teens with guidance, education and experiences they would likely have never seen without her hard work and determination.</p>
<p class="MsoNormal">She is now leaving her position as co-executive director of the <a href="http://coloradoyouthprogram.org">Colorado Youth Program</a> to pursue her career in counseling. But we all know that the organization is stronger and better able to continue the goal of connecting kids with their community and the environment because of her leadership.</p>
<p class="MsoNormal">Thank you for all that you have done, Robyn!</p>
<p class="MsoNormal">Here are a few excerpts from a letter I received from Robyn yesterday.</p>
<blockquote>
<p class="MsoNormal">My final day at Colorado Youth Program has arrived!</p>
<p class="MsoNormal">I joined the Colorado Youth Program staff in 1999 as a part-time program coordinator. I had found my ideal job at an organization that combined working with underserved youth and teaching about the environment and volunteerism, all while playing in the outdoors.</p>
<p class="MsoNormal">While I am now leaving CYP to pursue a career in counseling, I will stay connected to the Colorado Youth Program as a volunteer and donor. The Colorado Youth Program occupies a unique space in our community, making summer camp an affordable option for all families and providing free after-school and weekend programs that teach children to understand, respect and enjoy nature.My time at the Colorado Youth Program has been beautiful. I have worked with delightful children and teens, loving parents and families, visionary community members and leaders, dedicated volunteers and staff&#8230;I have enjoyed working with each and every one of you!</p>
</blockquote>
<p class="MsoNormal">
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		<title>Apple making it easy? I’m not so sure.</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/05/apple-making-it-easy-im-not-so-sure/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/05/apple-making-it-easy-im-not-so-sure/#comments</comments>
		<pubDate>Sat, 03 May 2008 18:46:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=108</guid>
		<description><![CDATA[I recently decided to purchase the January 2008 iPod Touch upgrade. I thinking about getting an iPhone and have decided I’m willing to part with the 20 bucks to test out the email app so there is no need for me to repeat what others have said about this already. Great products overcome bad decisions [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal">I recently decided to purchase the January 2008 iPod Touch upgrade. I thinking about getting an iPhone and have decided I’m willing to part with the 20 bucks to test out the email app so there is no need for me to <a href="http://digg.com/apple/iPod_touch_users_Free_Update_No_20">repeat what others have said about this already</a>. Great products overcome bad decisions in other areas. A few bad decisions anyway.</p>
<p class="MsoNormal">Back to my attempt to purchase this upgrade. Two days ago I decided to get the upgrade and quickly found the place where <a href="http://www.apple.com/itunes/">current iPod touch owners were directed</a>. Up pops a nice little advertisement within the iTunes store inside iTunes and confirming I have met the requirements for software versions and iTunes store account I try to click the Upgrade for $19.99 big bold blue letters. It’s not a link, ok, so I go to the bottom and click the OK button.</p>
<p class="MsoNormal">This takes me to the iTunes store home page filled with all sorts of music, movies, games, TV shows, podcast, audio books, all sort of content. But no upgrade, in fact no software. So I look and I look and I know I must just be missing it, so I look some more.</p>
<p class="MsoNormal">Now, two days later, I have emailed a support person 3 times, tried to chat with Wanda who disappeared once I asked my question and spoke on the phone with Benjamin. I’ve been given links to articles about verifying your upgrade installation and how to contact customer support. I’m currently waiting (15 minutes and counting) for an email which he claims has the correct link (the one on the Apple Store website has not worked for a few weeks, I was told.)</p>
<p class="MsoNormal">I still waiting for the highly praised Apple support, I’ve heard so much about. Oh, and I’m still waiting for that email.</p>
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		<title>Lijit Network Office Tour</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/04/lijit-network-office-tour/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/04/lijit-network-office-tour/#comments</comments>
		<pubDate>Mon, 21 Apr 2008 16:03:52 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=107</guid>
		<description><![CDATA[Somewhat Frank TV tours the Boulder, CO offices of Lijit. 
]]></description>
			<content:encoded><![CDATA[<p>Somewhat Frank TV tours the <a href="http://www.viddler.com/explore/frankgruber5/videos/25/">Boulder, CO offices of Lijit.</a> <object id="viddler_frankgruber5_25" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="437" height="370" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="src" value="http://www.viddler.com/player/c41c84e8/" /><param name="name" value="viddler_frankgruber5_25" /><param name="allowfullscreen" value="true" /><embed id="viddler_frankgruber5_25" type="application/x-shockwave-flash" width="437" height="370" src="http://www.viddler.com/player/c41c84e8/" name="viddler_frankgruber5_25" allowfullscreen="true" allowscriptaccess="always"></embed></object></p>
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		<title>Venture Capitalists Deals Increase In First Quarter</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/04/venture-capitalists-deals-increase-in-first-quarter/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/04/venture-capitalists-deals-increase-in-first-quarter/#comments</comments>
		<pubDate>Mon, 21 Apr 2008 14:27:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=106</guid>
		<description><![CDATA[The New York Times reports that Venture Capitalist invest in 922 deals in the first quarter of 2008, compared to 861 in the same period last year. The total amount invested was down 5% causing the times to lead with the headline Venture Capitalists Invest Less In First Quarter &#8211; New York Times.
&#8220;We do not [...]]]></description>
			<content:encoded><![CDATA[<p>The New York Times reports that Venture Capitalist invest in 922 deals in the first quarter of 2008, compared to 861 in the same period last year. The total amount invested was down 5% causing the times to lead with the headline <a href="http://www.nytimes.com/reuters/business/business-venturecapital-investments.html?dlbk">Venture Capitalists Invest Less In First Quarter &#8211; New York Times.</a></p>
<p>&#8220;We do not expect to see significant declines in investment levels in the coming year,&#8221; said NVCA President Mark Heesen.</p>
<p>Is this additional evidence that media outlets lean toward a doom and gloom outlook or are they just following the current sentiment of their readership? Just be sure to read past the headlines.</p>
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		<title>I love these play while you work toys.</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/04/i-love-these-play-and-do-work-toys/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/04/i-love-these-play-and-do-work-toys/#comments</comments>
		<pubDate>Fri, 18 Apr 2008 22:37:36 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[International Politics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=105</guid>
		<description><![CDATA[Now you can generate energy and pump clean water by just being a kid. 
Developed by Daniel Sheridan, now a British student at Coventry University, the Springwise: See-saw power for schools generates electricity while kids play on it. Brilliant!
]]></description>
			<content:encoded><![CDATA[<p>Now you can generate energy and pump clean water by just being a kid. <img src="http://www.springwise.com/pix/spotlight/seesaw.jpg" height="260" width="700" /></p>
<p>Developed by Daniel Sheridan, now a British student at Coventry University, the <a href="http://www.springwise.com/nonprofit_social_cause/seesaw_power_for_schools/">Springwise: See-saw power for schools</a> generates electricity while kids play on it. Brilliant!</p>
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		<title>Redeye VC: I Don’t Know…</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/04/redeye-vc-i-dont-know/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/04/redeye-vc-i-dont-know/#comments</comments>
		<pubDate>Fri, 11 Apr 2008 20:27:58 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=104</guid>
		<description><![CDATA[&#8220;Why do people feel pressure to have an answer for every answer?&#8221;  Even when they don&#8217;t know Jack, they make it up on the fly.  Ten years ago our training courses included a short video clip of college students at some of the more prestigious universities speaking at length with great confidence about [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;Why do people feel pressure to have an answer for every answer?&#8221;  Even when <a href="http://redeye.firstround.com/2008/03/i-dont-know.html">they don&#8217;t know Jack</a>, they make it up on the fly.  Ten years ago our training courses included a short video clip of college students at some of the more prestigious universities speaking at length with great confidence about a subject which they obviously knew very little.  One episode had students suggesting Summer&#8217;s were warmer because the Earth had moved significantly closer to the Sun.  This video claimed we have been programmed from a very early age to know the answer or make it up.  Apparently, some people take to this training better than others.  If you really want to know the cause, you&#8217;ll need to ask someone else, because I simply do not know.</p>
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		<title>Regional Greenhouse Gas Initiative (RGGI) Sets Auction Rules</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/04/regional-greenhouse-gas-initiative-rggi-sets-auction-rules/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/04/regional-greenhouse-gas-initiative-rggi-sets-auction-rules/#comments</comments>
		<pubDate>Fri, 11 Apr 2008 14:59:21 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/04/regional-greenhouse-gas-initiative-rggi-sets-auction-rules/</guid>
		<description><![CDATA[The Regional Greenhouse Gas Initiative (RGGI) has set the rules for the first allowance auctions to take place on September 10, 2008 and December 17, 2008.  This is the first mandatory CO2 emissions reduction program auction in the United States.  Quarterly auctions will take place after these first two. These companies have won [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://www.rggi.org/about.htm" title="Regional Greenhouse Gas Initiative">Regional Greenhouse Gas Initiative (RGGI)</a> has set the rules for the first allowance auctions to take place on September 10, 2008 and December 17, 2008.  This is the <a href="http://www.rggi.org/docs/20080317news_release.pdf" title="RGGI Auction">first mandatory CO2 emissions reduction program auction</a> in the United States.  Quarterly auctions will take place after these first two. These companies have won the right to work with RGGI on aspects of the program: World Energy Solutions, Inc., Perrin Quarles Associates, Inc., ICF International, and the Greenhouse Gas Management Institute.</p>
<p>The basic design of the auction has received some criticism.  <a href="http://giberson.ba.ttu.edu/" title="Michael Giberson">Mike Giberson</a> at <a href="http://www.knowledgeproblem.com" title="Knowledge Problem - Giberson">Knowledge Problem</a> wrote <a href="http://www.knowledgeproblem.com/archives/002310.html" title="RGGI Auction Design Flaws - Giberson">about this last November</a> and <a href="http://www.knowledgeproblem.com/archives/002436.html" title="RGGI Auction Design Review - Giberson">believes the issues may easily be corrected</a>.  He cites Peter Cramton&#8217;s <a href="http://www.isone.org/regulatory/ferc/state/2007/11-16-07_joint_iso_nyiso_rggifiling.pdf" title="Cramton RGGI Auction Design">report on behalf of North East power markets</a> that recommends a simultaneous ascending clock auction design.<br />
<!-- technorati tags start -->
<p style="text-align:right;font-size:10px;">Technorati Tags: <a href="http://www.technorati.com/tag/carbon credits" rel="tag">carbon credits</a>, <a href="http://www.technorati.com/tag/energy" rel="tag">energy</a>, <a href="http://www.technorati.com/tag/environment" rel="tag">environment</a>, <a href="http://www.technorati.com/tag/auction" rel="tag">auction</a>, <a href="http://www.technorati.com/tag/RGGI" rel="tag">RGGI</a></p>
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		<title>Colorado issues RFP for managers of carbon fund.</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/colorado-issues-rfp-for-managers-of-carbon-fund/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/colorado-issues-rfp-for-managers-of-carbon-fund/#comments</comments>
		<pubDate>Thu, 20 Mar 2008 20:47:04 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/blog/archives/2008/03/colorado-issues-rfp-for-managers-of-carbon-fund/</guid>
		<description><![CDATA[The state of Colorado is looking for managers for its newly formed Colorado Carbon Fund. This fund aims to aggregate Voluntary Emission Reduction (VER) offsets in an effort to help the state cut its GHG emissions by funding proven carbon abatement project in Colorado. This is in support of Colorado’s climate action plan which aims [...]]]></description>
			<content:encoded><![CDATA[<p>The state of Colorado is looking for managers for its newly formed <a href="http://coloradocarbonfund.org/index.html">Colorado Carbon Fund</a>. This fund aims to aggregate Voluntary Emission Reduction (VER) offsets in an effort to help the state cut its GHG emissions by funding proven carbon abatement project in Colorado. This is in support of Colorado’s climate action plan which aims to reduce GHG emissions in-state 20% by 2020. Gov. Bill Ritter (D) is a big supporter of renewable energy, helping the state to become one of the leaders in wind energy generation in the US. Colorado emits over 120 million tones of CO<sub>2</sub>e per year, of which 48 million tons comes from electricity consumption. In tandem with these goals, the State’s Renewable Portfolio Standard (RPS) mandates that 20% of that electricity will come from renewable resources by 2020. The Governor’s Energy Office (GEO) aims to have the carbon fund launched by the early summer.</p>
<p></p>
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		<title>What am I doing here?</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/what-am-i-doing-here/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/what-am-i-doing-here/#comments</comments>
		<pubDate>Thu, 13 Mar 2008 18:57:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Education]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=103</guid>
		<description><![CDATA[For the second year in a row, Forbes names Boulder &#8217;smartest city&#8217; in U.S.  While a more accurate name would be the most educated city in the U.S., I can easily support the argument that the place is full of people with impressive intellectual power.  Come visit us and see.
]]></description>
			<content:encoded><![CDATA[<p>For the second year in a row, <a href="http://www.dailycamera.com/news/2008/feb/10/forbes-names-boulder-smartest-city-in-us/">Forbes names Boulder &#8217;smartest city&#8217; in U.S.  </a>While a more accurate name would be the most educated city in the U.S., I can easily support the argument that the place is full of people with impressive intellectual power.  Come visit us and see.</p>
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		<title>Conviction or Discipline</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/conviction-or-discipline/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/conviction-or-discipline/#comments</comments>
		<pubDate>Thu, 13 Mar 2008 16:08:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=102</guid>
		<description><![CDATA[No, it&#8217;s Conviction and Discipline according to Fred Wilson, &#8220;Conviction and discipline are two sides of the same coin.&#8221; I like the view.  Similar to a great strategy with weak execution, conviction without discipline will often lead you into the ditch and will never get you to the mountaintop.
]]></description>
			<content:encoded><![CDATA[<p>No, it&#8217;s <a href="http://avc.blogs.com/a_vc/2008/02/conviction-and.html">Conviction and Discipline </a>according to <a href="http://www.linkedin.com/in/fredwilson">Fred Wilson</a>, &#8220;Conviction and discipline are two sides of the same coin.&#8221; I like the view.  Similar to a great strategy with weak execution, conviction without discipline will often lead you into the ditch and will never get you to the mountaintop.</p>
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		<title>America’s Biggest Paydays From Vanity Fair</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/americas-biggest-paydays-from-vanity-fair/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/americas-biggest-paydays-from-vanity-fair/#comments</comments>
		<pubDate>Fri, 07 Mar 2008 15:03:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Philanthropy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=101</guid>
		<description><![CDATA[VF&#8217;s list of America&#8217;s 50 Richest Paydays is worth a glance.  However, I could not overlook Peter Newcomb editorial comments regarding the largest two &#8220;winfalls&#8221;.  Regarding Bill Gates&#8217; take last year, Newcomb wrote, &#8220;Throw in a few hundred million dollars in dividend income and his impending retirement will be all the more comfortable.&#8221; Newcomb then [...]]]></description>
			<content:encoded><![CDATA[<p>VF&#8217;s list of <a href="http://www.vanityfair.com/politics/features/2008/04/50paydays200804">America&#8217;s 50 Richest Paydays</a> is worth a glance.  However, I could not overlook Peter Newcomb editorial comments regarding the largest two &#8220;winfalls&#8221;.  Regarding Bill Gates&#8217; take last year, Newcomb wrote, &#8220;Throw in a few hundred million dollars in dividend income and his impending retirement will be all the more comfortable.&#8221; Newcomb then added this comment regarding <a href="http://en.wikipedia.org/wiki/Peter_George_Peterson">Pete Peterson</a>&#8217;s take from the Blackston IPO, &#8220;He intends to give a substantial portion of the proceeds to charity.&#8221;</p>
<p>Like or dislike Mr. Gates and Microsoft, I find it difficult to reason that any wealth he accumulates at this point will go anywhere other than in support of the work of the <a href="http://www.gatesfoundation.org/default.htm">Bill &amp; Melinda Gates Foundation</a>.  And while it is always important to point out staunch philanthropists like Mr. Peterson, it is disingenuous to suggest anything less from Bill Gates.</p>
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		<title>Berkshire Hathaway’s Shareholders Letter</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/berkshire-hathaways-shareholders-letter/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/berkshire-hathaways-shareholders-letter/#comments</comments>
		<pubDate>Thu, 06 Mar 2008 23:50:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=100</guid>
		<description><![CDATA[Berkshire Hathaway&#8217;s Shareholder Letter
is a must read and this one is no exception.  Continuing last year&#8217;s scolding of the sub-prime mortgage banking industr, my favorite lines included these:
John Stumpf, CEO of Wells Fargo, aptly dissected the recent behavior of many lenders: “It is interesting that the industry has invented few ways to lose money when [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.berkshirehathaway.com/letters/2007ltr.pdf">Berkshire Hathaway&#8217;s Shareholder Letter</a></p>
<p>is a must read and this one is no exception.  Continuing last year&#8217;s scolding of the sub-prime mortgage banking industr, my favorite lines included these:</p>
<p>John Stumpf, CEO of Wells Fargo, aptly dissected the recent behavior of many lenders: “It is interesting that the industry has invented few ways to lose money when the old ways seemed to work just fine.”</p>
<p>You only learn who has been swimming naked when the tide goes out – and what we are witnessing at some of our largest financial institutions is an ugly sight.</p>
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		<title>Is Founder Control in Public Companies a Good Thing?</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/is-founder-control-in-public-companies-a-good-thing/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/is-founder-control-in-public-companies-a-good-thing/#comments</comments>
		<pubDate>Thu, 06 Mar 2008 16:21:35 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=99</guid>
		<description><![CDATA[Another high profile company going public has decided to maintain control while selling a majority of the economic stakes in the company to the public.   This time it is Al Gore as a founder of  Current Media.
I certainly agree, the company&#8217;s shareholders have a right to decide the control structure they want to have [...]]]></description>
			<content:encoded><![CDATA[<p>Another high profile company going public has decided to maintain control while selling a majority of the economic stakes in the company to the public.   This time it is <a href="http://en.wikipedia.org/wiki/Al_Gore">Al Gore</a> as a founder of  <a href="http://current.com/">Current Media</a>.</p>
<p>I certainly agree, the company&#8217;s shareholders have a right to decide the control structure they want to have after a public offering.  At the end of the day, people can always choose not to be a party to it.  And the average investor (not the same as the average dollar invested) has little voice in the actions of a company.  But I still don&#8217;t like it.  I guess it comes down to creating value for all shareholders and when you remove options &#8211; and putting control in the hands of a few does just that &#8211; you lower value to the group as a hole.</p>
<p>In this case the interesting thing will be how Gore is viewed in this debate (not that I&#8217;m trying to pull Barak and Hillary into this).   In <a href="http://www.businessweek.com/technology/content/mar2008/tc2008035_855093.htm?campaign_id=rss_daily">Al Gores Convenient IPO</a> the comparision with <a href="http://www.google.com">Google</a> focused on Gore&#8217;s holding public office and being a voice for many of the institutions who are currently fighting against these type of control structures.  I don&#8217;t think we should hold Gore or any other ex-public official to any higher standard than we hold each other.  And he should not try to tell us to do what he thinks is better for others unless he is willing to do that or more himself.</p>
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		<title>Steven Spielberg’s Ghost Town</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/03/steven-spielberg%e2%80%99s-ghost-town/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/03/steven-spielberg%e2%80%99s-ghost-town/#comments</comments>
		<pubDate>Wed, 05 Mar 2008 16:05:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Web 2.0]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=98</guid>
		<description><![CDATA[Steven Spielberg’s Ghost Town suggests the social networking theme will take, or at a minimum test, the boundaries of segmentation.  In this case not market segmentation, but segmentation of social circles.  The main question I raise is &#8220;Do I want a lot of distributed social network tools?&#8221;   Of course, I am [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.techcrunch.com/2008/03/03/steven-spielbergs-ghost-town/">Steven Spielberg’s Ghost Town </a>suggests the social networking theme will take, or at a minimum test, the boundaries of segmentation.  In this case not market segmentation, but segmentation of social circles.  The main question I raise is &#8220;Do I want a lot of distributed social network tools?&#8221;   Of course, I am in a lot of different networks, many of which have zero or close to zero overlap.  And I would like to control this overlap with social networking tools.  Perhaps a product like <a href="http://www.socialthing.com">SocialThing</a>, which allows me to participate in a lot of different social networks through one site provides the necessary control.</p>
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		<title>Free! Why it works better today.</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/free-why-it-works-better-today/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/free-why-it-works-better-today/#comments</comments>
		<pubDate>Wed, 27 Feb 2008 20:03:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=97</guid>
		<description><![CDATA[Chris Anderson&#8217;s at Wired discusses where, why and how free products make sense today and will make make even more sense (and cents) in the future.  Starting with the story of Gillette and bringing us to the plummeting cost of computing and networking, Anderson argues that the traditional cross-subsidy model is not required when incremental [...]]]></description>
			<content:encoded><![CDATA[<p>Chris Anderson&#8217;s at <a href="http://www.wired.com">Wired</a> discusses where, why and how <a href="http://www.wired.com/techbiz/it/magazine/16-03/ff_free">free products make sense today and will make make even more sense</a> (and cents) in the future.  Starting with the story of Gillette and bringing us to the plummeting cost of computing and networking, Anderson argues that the traditional cross-subsidy model is not required when incremental costs approach zero.  This opens the way for numerous value creation models when a product is given away and allows companies to avoid the <a href="http://redeye.firstround.com/2007/03/the_first_penny.html">&#8220;penny gap&#8221;</a> or the difference between cheap and free as coined by <a href="http://firstround.typepad.com/about.html">Josh Kopelman</a>.</p>
<p>&#8220;People think demand is elastic and that volume falls in a straight line as price rises, but the truth is that zero is one market and any other price is another. In many cases, that&#8217;s the difference between a great market and none at all.</p>
<p>&#8220;The huge psychological gap between &#8220;almost zero&#8221; and &#8220;zero&#8221; is why micropayments failed. It&#8217;s why Google doesn&#8217;t show up on your credit card. It&#8217;s why modern Web companies don&#8217;t charge their users anything. And it&#8217;s why Yahoo gives away disk drive space. The question of infinite storage was not if but when. The winners made their stuff free first.&#8221;</p>
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		<title>Foggy Sunrise</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/foggy-sunrise/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/foggy-sunrise/#comments</comments>
		<pubDate>Tue, 26 Feb 2008 20:50:49 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=96</guid>
		<description><![CDATA[

Foggy Sunrise, originally uploaded by Dwayne Nesmith.
Running to a breakfast meeting, I was forces to pull to the side of the road and snap a few shots of this mornings brilliant sunrise behind a foggy frosted field.
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			<content:encoded><![CDATA[<p><!-- .flickr-photo { border: solid 2px #000000; } .flickr-yourcomment { } .flickr-frame { text-align: left; padding: 3px; } .flickr-caption { font-size: 0.8em; margin-top: 0px; } --></p>
<div class="flickr-frame"><a title="photo sharing" href="http://www.flickr.com/photos/dragongully/2294750240/"><img class="flickr-photo" src="http://farm3.static.flickr.com/2175/2294750240_d698ff942e.jpg" alt="" /></a></p>
<p><span class="flickr-caption"><a href="http://www.flickr.com/photos/dragongully/2294750240/">Foggy Sunrise</a>, originally uploaded by <a href="http://www.flickr.com/people/dragongully/">Dwayne Nesmith</a>.</span></div>
<p class="flickr-yourcomment">Running to a breakfast meeting, I was forces to pull to the side of the road and snap a few shots of this mornings brilliant sunrise behind a foggy frosted field.</p>
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		<title>Dan Rather Praising Plagerism?</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/dan-rather-praises-plagerism/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/dan-rather-praises-plagerism/#comments</comments>
		<pubDate>Sun, 24 Feb 2008 17:07:33 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=94</guid>
		<description><![CDATA[This week&#8217;s Sunday news programs were chock full of election experts sharing some interesting comments and many that were less so.  My favorite was Dan Rather&#8217;s depiction of Hillary Clinton&#8217;s closing comments at the Tuesday night Austin debate as the best statements of the campaign.   Surprisingly, earlier in the day, Meet the [...]]]></description>
			<content:encoded><![CDATA[<p>This week&#8217;s Sunday news programs were chock full of election experts sharing some interesting comments and many that were less so.  My favorite was Dan Rather&#8217;s depiction of Hillary Clinton&#8217;s closing comments at the Tuesday night Austin debate as the best statements of the campaign.   Surprisingly, earlier in the day, Meet the Press demonstrated that these statements included almost word for word the same lines as one uttered by Bill Clinton sixteen years ago and another used by John Edwards in an earlier debate during this campaign.    Interesting&#8230;</p>
<p><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/aJN2Z5zqOno&#038;rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/aJN2Z5zqOno&#038;rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p>
<p>Looking at campaign tactics, <a href="http://www.motherjones.com/mojoblog/archives/2008/02/7331_clinton_steps_u.html">The Clinton Campaign has Increased the Attacks on Obama</a> which you can judge for yourself via the video here.</p>
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		<title>Bonderman addresses Silicon Flatiron crowd at CU</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/bonderman-addresses-silicon-flatiron-crowd-at-cu/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/bonderman-addresses-silicon-flatiron-crowd-at-cu/#comments</comments>
		<pubDate>Sat, 23 Feb 2008 04:46:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=95</guid>
		<description><![CDATA[Speaking of the TXU purchase, Mr. Bonderman said the company was adeptat running a profitable company and equally bad at politics from priceincreases to ecology to labor relations. These shortcomings lead tothe opportunity which focused on addressing these public concerns.Opportunities for private equity include exploiting public investorsfocus on short term focus, their dislike for debt [...]]]></description>
			<content:encoded><![CDATA[<p>Speaking of the TXU purchase, Mr. Bonderman said the company was adeptat running a profitable company and equally bad at politics from priceincreases to ecology to labor relations. These shortcomings lead tothe opportunity which focused on addressing these public concerns.Opportunities for private equity include exploiting public investorsfocus on short term focus, their dislike for debt or leverage, fixingbroken companies and putting companies together that changes thecompetitive landscape.His advice to students wondering which classes to take for a career inprivate equity, which job to take this summer, which classes to takenext year is to &#8220;Just relax&#8221;.In looking at the public policy of the US, Bonderman says ourlawmakers are thinking like it is 1975 when the US represented 50% ofthe world&#8217;s GDP. Now that we are less than 30% and falling the rest ofthe world has choices and will not play by any US tax code.Best run companies are those which build value over long periods oftime. However, fund managers often are looking for short term gains.This makes creating proper incentives for publicly traded companies&#8217;managers sub optimal if not downright harmful.</p>
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		<title>Playtime improves health and education for 10 million people</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/playtime-improves-health-and-education-for-10-million-people/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/playtime-improves-health-and-education-for-10-million-people/#comments</comments>
		<pubDate>Fri, 22 Feb 2008 16:25:34 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Education]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=93</guid>
		<description><![CDATA[PlayPumps International has a goal to help 10 million people in 4,000 African villages by 2010 by installing merry-go-rounds in the villages. What&#8217;s the catch?

Each turn pumps clean drinking water into a tank increasing the health of everyone in the village.  The time and effort for water carrying, mostly done by young girls, is greatly reduced, allowing [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.playpumps.org">PlayPumps International</a> has a goal to help 10 million people in 4,000 African villages by 2010 by installing merry-go-rounds in the villages. What&#8217;s the catch?<br />
<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/uQu_Jppvzyk&#038;rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/uQu_Jppvzyk&#038;rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object><br />
Each turn pumps clean drinking water into a tank increasing the health of everyone in the village.  The time and effort for water carrying, mostly done by young girls, is greatly reduced, allowing for more time in school.  Talk about your good ideas&#8230;</p>
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		<title>VC Wear – Good for a laugh</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/vc-wear-good-for-a-laugh/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/vc-wear-good-for-a-laugh/#comments</comments>
		<pubDate>Wed, 20 Feb 2008 21:00:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Venture Capital]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=92</guid>
		<description><![CDATA[If your in the mood for a smile (and if not, perhaps you need to check this out even more) then head over to VC Wear to see the t-shirts these guys have cooked up. 
]]></description>
			<content:encoded><![CDATA[<p>If your in the mood for a smile (and if not, perhaps you need to check this out even more) then head over to <a href="http://www.vcwear.com/" title="VC Wear">VC Wear</a> to see the t-shirts these guys have cooked up.<img src="http://www.vcwear.com/shirts/vcwear_powerpointshirt.jpg" height="399" width="311" /> </p>
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		<title>Tech Cocktail Comes to Boulder</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/tech-cocktail-comes-to-boulder/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/tech-cocktail-comes-to-boulder/#comments</comments>
		<pubDate>Fri, 08 Feb 2008 18:54:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=91</guid>
		<description><![CDATA[Be a part of the Boulder tech scene and register today for the Tech Cocktail March 6th event.  Colorado Startups has the details.
]]></description>
			<content:encoded><![CDATA[<p>Be a part of the Boulder tech scene and register today for the <a href="http://techcocktail.com/blog/">Tech Cocktail</a> March 6th event.  <a href="http://feeds.feedburner.com/~r/ColoradoStartups/~3/230563110/">Colorado Startups has the details.</a></p>
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		<title>Helping Kids Connect with their Community</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/helping-kids-connect-with-their-community/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/helping-kids-connect-with-their-community/#comments</comments>
		<pubDate>Thu, 07 Feb 2008 03:41:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Kids]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=87</guid>
		<description><![CDATA[Interested in helping kids connect with their community?  Want children to be exposed to giving back at an early age?  Desire for middle school kids to appreciate the environment.  Then please consider a financial contribution to Colorado Youth Program.  This Boulder County organization provides a free after school program, Adventure Club, [...]]]></description>
			<content:encoded><![CDATA[<p>Interested in helping kids connect with their community?  Want children to be exposed to giving back at an early age?  Desire for middle school kids to appreciate the environment.  Then please consider a financial contribution to <a href="http://coloradoyouthprogram.org/" title="Colorado Youth Program">Colorado Youth Program</a>.  This Boulder County organization provides a free after school program, <a href="http://coloradoyouthprogram.org/adventure_club/index.htm" title="Adventure Club">Adventure Club</a>, engaging middle school children in community service projects at the Humane Society, Community Food Shares, and cleaning up the Boulder Creek and other hiking trails.</p>
<p>Colorado Youth Program also offers a <a href="http://coloradoyouthprogram.org/summer_camp/index.htm" title="Mountain Summer Camp">ten day summer camp</a> in the Mountains near Ward focused on environmental education.  Most campers would not be able to enjoy a summer camp experience with the <a href="http://coloradoyouthprogram.org/scholarships/index.htm" title="Scholarships">generous scholarships</a> made available by contributors.  Check out this great group.</p>
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		<title>Open Coffee Club Boulder</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/02/open-coffee-club-boulder/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/02/open-coffee-club-boulder/#comments</comments>
		<pubDate>Wed, 06 Feb 2008 00:59:49 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=86</guid>
		<description><![CDATA[Attended my first Boulder Open Coffee Club this morning at The Cub on Pearl near 16th.  I was dropped in after the planetarium trip with my son&#8217;s first grade class was postponed due to snow and cold (we were scheduled to walk past the CU solar system model to the show).   As I arrived [...]]]></description>
			<content:encoded><![CDATA[<p>Attended my first <a href="http://www.boulderopencoffeeclub.com/blog/">Boulder Open Coffee Club</a> this morning at The Cub on Pearl near 16th.  I was dropped in after the planetarium trip with my son&#8217;s first grade class was postponed due to snow and cold (we were scheduled to walk past the CU solar system model to the show).   As <a href="http://feeds.feedburner.com/~r/ColoradoStartups/~3/229844724/" title="Find me in this photo">I arrived </a>they were discussing the best places to find professional support such as legal, accounting, etc. And quickly finished promoting a new source for collaborative support the <a href="http://boulder.techbootstrap.com/bin/view/Boulder/WebHome">Boulder Tech Bootstrap</a> site.  The site will contain both a wiki and a discussion forum for entrepreneurs to help each other just git it done.</p>
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		<title>Icy Boulder Creek</title>
		<link>http://dwaynenesmith.com/blog/archives/2008/01/icy-boulder-creek/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2008/01/icy-boulder-creek/#comments</comments>
		<pubDate>Mon, 07 Jan 2008 04:32:12 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=89</guid>
		<description><![CDATA[
MDN_1679
Originally uploaded by Dwayne Nesmith


Another brutal cold winter has hit the Front Range.  Mother Nature has used her powers to create some frosty items or great beauty.
]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.flickr.com/photos/dragongully/2248077836/" title="photo sharing"><img src="http://farm3.static.flickr.com/2418/2248077836_2540e1abdc_m.jpg" style="border: 2px solid #000000" /></a></p>
<p><span style="font-size: 0.9em; margin-top: 0px"><a href="http://www.flickr.com/photos/dragongully/2248077836/">MDN_1679</a></p>
<p>Originally uploaded by <a href="http://www.flickr.com/people/dragongully/">Dwayne Nesmith</a><br />
</span><br />
<br clear="all" /></p>
<p>Another brutal cold winter has hit the Front Range.  Mother Nature has used her powers to create some frosty items or great beauty.</p>
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		<title>4 hour work week…</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/12/4-hour-work-week/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/12/4-hour-work-week/#comments</comments>
		<pubDate>Sat, 01 Dec 2007 00:31:15 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=85</guid>
		<description><![CDATA[The 4 hour work week is an interesting and educational book, even for those who would not choose to work only half a day each week.  It pushes you to think about different ways to get your job done and to think differently about which activities you keep inside and which you push to others. [...]]]></description>
			<content:encoded><![CDATA[<p>The 4 hour work week is an interesting and educational book, even for those who would not choose to work only half a day each week.  It pushes you to think about different ways to get your job done and to think differently about which activities you keep inside and which you push to others.  And at the same time think differently about careers, yours and that of other workers in your company.</p>
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		<title>How to Travel the World–and Get a Personal Assistant–for Free</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/11/%c2%bb-litliberation-how-to-travel-the-world%e2%80%93and-get-a-personal-assistant%e2%80%93for-free/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/11/%c2%bb-litliberation-how-to-travel-the-world%e2%80%93and-get-a-personal-assistant%e2%80%93for-free/#comments</comments>
		<pubDate>Wed, 21 Nov 2007 15:49:15 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Education]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=82</guid>
		<description><![CDATA[Tim Ferris asks you to consider these questions as he recommends helping to make the world a better place through access to books in LitLiberation: How to Travel the World–and Get a Personal Assistant–for Free
Envision the 5 books that have most impacted your life. How would your life be different if you’d never read them?
Where [...]]]></description>
			<content:encoded><![CDATA[<p>Tim Ferris asks you to consider these questions as he recommends helping to make the world a better place through access to books in <a href="http://www.fourhourworkweek.com/blog/2007/10/01/litliberation-how-to-travel-the-world-and-get-a-personal-assistant-for-free/">LitLiberation: How to Travel the World–and Get a Personal Assistant–for Free</a><br />
Envision the 5 books that have most impacted your life. How would your life be different if you’d never read them?</p>
<p>Where might you be today if you’d never met the most influential teachers in your life, past and present?</p>
<p>How would your options be affected if you could never again read a book, menu, or sign?</p>
<p>Check out <a href="http://litliberation.org">LitLiberation: Scalable Education Revolution</a></p>
<p><a rel="me" href="http://technorati.com/claim/jvt4253bpi">Technorati Profile</a></p>
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		<title>Gazelles Growth Summit – Day Two</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/10/gazelles-growth-summit-day-two/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/10/gazelles-growth-summit-day-two/#comments</comments>
		<pubDate>Wed, 24 Oct 2007 22:00:14 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=81</guid>
		<description><![CDATA[Day two included another round of interesting speakers.  We began with a horse of a different color as Paul Orfalea, Founder of Kinkos, shared his store, advice and leadership style (close the door and let the kids run the store). Then we moved on to customer satisfaction and the Net Promoter Score as described by Fred Reichheld, [...]]]></description>
			<content:encoded><![CDATA[<p>Day two included another round of interesting speakers.  We began with a horse of a different color as Paul Orfalea, Founder of Kinkos, shared his store, advice and leadership style (close the door and let the kids run the store). Then we moved on to customer satisfaction and the Net Promoter Score as described by Fred Reichheld, auther of <a href="http://www.gazelles.com/book_ultimate_question.html"><span style="font-style: italic" class="Apple-style-span">The Ultimate Question</span>.</a>  That question being. &#8220;Would you enthusiastically recommend our company to a friend?&#8221;  That&#8217;s it.  Get them to rate this on a scale of 1 to 10 and if you get a 7 or lower ask them if it is ok for someone to call them.  <strong><span style="font-weight: normal" class="Apple-style-span">Kaihan Krippendorf, auther of </span><a href="http://www.gazelles.com/book_art_advantage.html"><em><span style="font-weight: normal" class="Apple-style-span">The Art of the Advantage</span></em></a></strong> then walked us all through the famous 36 Strategems of eastern warfare. The key to using these is to master the patterns in order to quickly apply the appropriate strategem as you confront different competitive and negotiation situations in your business and personal life.  The day concluded with a magical addition to the schedule.  Literally, we were entertained by a magician who suggested we should not forget to enjoy the ride and remember the kid in all of us. </p>
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		<title>Gazelles Growth Summit – Day One</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/10/gazelles-growth-summit-day-one/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/10/gazelles-growth-summit-day-one/#comments</comments>
		<pubDate>Tue, 23 Oct 2007 20:13:19 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=80</guid>
		<description><![CDATA[The annual Gazelles Growth Summit began today in Las Vegas with a host of interesting speakes.  Robert Bloom was first at the podium to discuss his new book Inside Advantage.  It is a good read and I will write a separate post on it soon.  Bloom is full of real life examples [...]]]></description>
			<content:encoded><![CDATA[<p>The annual Gazelles Growth Summit began today in Las Vegas with a host of interesting speakes.  Robert Bloom was first at the podium to discuss his new book Inside Advantage.  It is a good read and I will write a separate post on it soon.  Bloom is full of real life examples from his long career at several ad agencies including CEO of Publis Group.</p>
<p>Using real life examples including Sothwest Airlines, Zales Jewelers, Juicy Juice () and Curves, Bloom describes his process for creating and defending a sustainable market position.  In short define your customer as one individual person, create an uncommon offering for this person, describe how you will define your uncommon offering to your customer and then Own It through a series of Imaginative Acts.</p>
<p>Geoffrey Moore followed with a discussion of some new models for defining where shareholder value can best be improved.  Moore began with a discussion of Net Free Cash Flow and suggested the best way for early stage companies to increase valuation is to improve the long term prospects by focusing on increasing &#8220;Power&#8221; where you can get the biggest bang for the buck.</p>
<p>Moore talked about five types of Power and described how these match to marketing activities as shown in this table:</p>
<p>He went on to suggest small companies should focus on Product Marketing which leads to Offer Power.</p>
<p>Then we were employed to maximize the ethical influencial power afforded us through the laws of human nature as studied and described by Robert Cialdini.  He outlined six primary areas that afford us influence:<br />
Reciprocation &#8211; I scratch your back; you scratch mine<br />
Consensus &#8211; What everyone else is doing<br />
Authority &#8211; Trusted, knowledgable source</p>
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		<title>Corporate Adoption Issues</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/06/corporate-adoption-issues/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/06/corporate-adoption-issues/#comments</comments>
		<pubDate>Tue, 19 Jun 2007 18:59:20 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=79</guid>
		<description><![CDATA[A panel of software providers (SixApart, NewsGator, SocialText and SpikeSource) listed the same issues around security, compliance and control confronting Enterprise 2.0 implementations seen in the past.  Even so, a few companies are beginning to move forward with implementations and some have found creative ways to use these tools.
Adoption is driven less from personal [...]]]></description>
			<content:encoded><![CDATA[<p>A panel of software providers (<a href="http://www.sixapart.com">SixApart</a>, <a href="http://www.newsgator.com">NewsGator</a>, <a href="http://www.socialtext.com">SocialText</a> and <a href="http://www.spikesource.com">SpikeSource</a>) listed the same issues around security, compliance and control confronting Enterprise 2.0 implementations seen in the past.  Even so, a few companies are beginning to move forward with implementations and some have found creative ways to use these tools.</p>
<p>Adoption is driven less from personal passion and more from significant corporate pain points.  Others are looking to provide internal tools for employees that provide the means of communication found in the student/consumer markets.</p>
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		<title>Social = me first</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/06/social-me-first/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/06/social-me-first/#comments</comments>
		<pubDate>Tue, 19 Jun 2007 17:53:36 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=78</guid>
		<description><![CDATA[Stowe Boyd, author of /Message, presenting today at the Enterprise 2.0 Conference identified a model for designing Web 2.0 applications. Build for the individual first, then for groups of like minded people and then focus on the money making activity for a &#8220;market&#8221;.
Stowe claims the Internet is increasingly becoming the Third Space, our primary place [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.stoweboyd.com/work/2007/03/about_me_stowe_.html">Stowe Boyd,</a> author of <a href="http://www.stoweboyd.com/">/Message</a>, presenting today at the <a href="http://enterprise2conf.com">Enterprise 2.0 Conference</a> identified a model for designing Web 2.0 applications. Build for the individual first, then for groups of like minded people and then focus on the money making activity for a &#8220;market&#8221;.</p>
<p>Stowe claims the Internet is increasingly becoming the Third Space, our primary place for discovery and third behind home and work for our favorite place to go.  There we find people which is a means to help us find ourselves &#8220;at the still point of the turning world&#8221;.</p>
<p>The biggest issue for providers raised in the session was building the need for users to create content for enterprise purposes.  Using social networking for business connections provides an easy to use profile creator, while generating little if any valuable information beyond the profile.  Incorporating the content creation from the normal business activity is critical to succes with these tools.</p>
<p>Stowe is an early and continuing user of Basecamp.  He describes it as a very good web app, while not necessarily a good Web 2.0 application.  The inability to aggregate projects under one user name limits it&#8217;s use as a networking tool.  Tying the id to a project is a poor design principle.</p>
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		<title>Build for Value</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/03/build-for-value/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/03/build-for-value/#comments</comments>
		<pubDate>Fri, 16 Mar 2007 15:56:27 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=77</guid>
		<description><![CDATA[Even though the most likely outcome for a successful technology company is via an acquisition, I have never liked the idea of planning for it.Â  Plans and actions then often go away from what will help our customers and help us succeed in the market to what would ABC Inc. like to see in an [...]]]></description>
			<content:encoded><![CDATA[<p>Even though the most likely outcome for a successful technology company is via an acquisition, I have never liked the idea of planning for it.Â  Plans and actions then often go away from what will help our customers and help us succeed in the market to what would ABC Inc. like to see in an acquisition target.Â  Rarely do the two line up and even then the focus goes away from key items required to build long term sustainable value.</p>
<p>Guest blogger <a href="http://willprice.blogspot.com/">Will Price</a> offered <a href="http://feeds.feedburner.com/~r/askthevc/~3/102097374/how_do_you_plan_for_ma.php">a sound plan for building value</a> in a post on <a href="http://www.askthevc.com/">Ask The VC</a>.Â  Responding to a question regarding how to prepare for an acquisition exit, Will provided details around these three items.</p>
<p>1) Plan for Independence</p>
<blockquote><p>&#8220;The companyâ€™s operating plan, technology road map, and executive team should not focus on unnatural acts, in the hopes of attracting a buyer, but rather on building a company with the potential for independence. Companies built to &#8220;flip&#8221; often flop.&#8221;</p></blockquote>
<p>2) Be prepared for acquisition</p>
<blockquote><p>&#8220;&#8230;acquirers tend to believe that successful partners make the best acquisition targets. &#8220;</p></blockquote>
<p>3) Keep the house in order</p>
<p>&#8220;good record keeping makes for good diligence and good diligence makes for expedited outcomes.&#8221;</p>
<p>Maximize your &#8220;best alternative to a negotiated agreement&#8221; (BATNA) and your will be well on your way to delivering value to all your stakeholders.</p>
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		<title>Eye candy for the soul</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/03/eye-candy-for-the-soul/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/03/eye-candy-for-the-soul/#comments</comments>
		<pubDate>Wed, 14 Mar 2007 03:50:57 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Creativity]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=76</guid>
		<description><![CDATA[Want to spend a few joyful moments playing around with an eye-popping online toy.Â  Head over to dtoy_vs_byokalÂ  and let your creative juices flow. Maybe I will find a way to place a dtoy widget on this site.
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			<content:encoded><![CDATA[<p>Want to spend a few joyful moments playing around with an eye-popping online toy.Â  Head over to <a href="http://www.zefrank.com/dtoy_vs_byokal/index.html">dtoy_vs_byokal</a>Â  and let your creative juices flow. Maybe I will find a way to place a dtoy widget on this site.</p>
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		<title>Fun with photos.</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/03/fun-with-photos/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/03/fun-with-photos/#comments</comments>
		<pubDate>Mon, 12 Mar 2007 17:24:34 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Creativity]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=75</guid>
		<description><![CDATA[Ran across a few places to have some fun late one night last week and thought others would find some joy in this as well.
Pikipimp is a good place to start and this may get your attention.
  
Another example is Dave Cohen who was the target of 5280Angel.
]]></description>
			<content:encoded><![CDATA[<p>Ran across a few places to have some fun late one night last week and thought others would find some joy in this as well.</p>
<p><a href="http://www.pikipimp.com/">Pikipimp</a> is a good place to start and this may get your attention.</p>
<p><a target="_top" href="http://www.pikipimp.com/clicked/401448"><img border="0" alt="my pimped pic!" src="http://hosted2.pikipimp.com/pimped_photo/s/image/0/401/448/CIMG1649_cropped_big-compiled.JPG" /></a>  <a href="http://www.davidgcohen.com/" /></p>
<p>Another example is <a href="http://www.davidgcohen.com/">Dave Cohen</a> who was <a href="http://www.5280angel.com/2007/03/08/how-to-kill-a-brand/">the target</a> of <a href="http://www.5280angel.com/">5280Angel</a>.</p>
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		<title>Why is change so hard?</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/03/scientific-american-ask-the-experts-astronomy-why-is-a-minute-divided-into-60-seconds-an-hour-into-60-minutes-yet-there-are-only-24-hours-in-a-day/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/03/scientific-american-ask-the-experts-astronomy-why-is-a-minute-divided-into-60-seconds-an-hour-into-60-minutes-yet-there-are-only-24-hours-in-a-day/#comments</comments>
		<pubDate>Wed, 07 Mar 2007 06:03:56 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Education]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=74</guid>
		<description><![CDATA[Why is it so hard to change, even when the evidence for doing so is overwhelming?  This article from Scientific American, answers the question Why is a minute divided into 60 seconds, an hour into 60 minutes, yet there are only 24 hours in a day?
It is interesting, if not surprising, that these measurements [...]]]></description>
			<content:encoded><![CDATA[<p>Why is it so hard to change, even when the evidence for doing so is overwhelming?  This article from Scientific American, answers the question <a href="http://www.sciam.com/askexpert_question.cfm?chanID=sa005&#038;articleID=231B40A6-E7F2-99DF-3EC857EC9DB18A45">Why is a minute divided into 60 seconds, an hour into 60 minutes, yet there are only 24 hours in a day?</a></p>
<p>It is interesting, if not surprising, that these measurements were passed down from other uses and definitions that date to the earliest points in civilization.  Pardon the pun&#8230; Time and time again we&#8217;ve had the opportunity to change the system to one which would be much more comfortable, that is to use a decimal system.</p>
<p>And of course we could ask the same about the US sticking to our short history of the English measurement system when our British brethren were able to kick that habit quite easily.</p>
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		<title>Building the 21st century education system</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/02/building-the-21st-century-education-system/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/02/building-the-21st-century-education-system/#comments</comments>
		<pubDate>Thu, 22 Feb 2007 05:13:54 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Science]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=73</guid>
		<description><![CDATA[Are our schools prepared for the challenges our kids will face this century?Â  This decade?Â  Alvin Toffler suggest our schools were built to prepare the rural American child for the industrial revolution.Â  Get to work on time, enjoy repetitive tasks and essentially fall in line.Â  Agree?Â  Perhaps we have advanced somewhat since the late 1800&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p>Are our schools prepared for the challenges our kids will face this century?Â  This decade?Â  Alvin Toffler suggest our schools were built to prepare the rural American child for the industrial revolution.Â  Get to work on time, enjoy repetitive tasks and essentially fall in line.Â  Agree?Â  Perhaps we have advanced somewhat since the late 1800&#8217;s and this seems all too familar to much of the work I recall from oh so many years ago.</p>
<p>Today, when I see our dedicated, hardworking teachers struggle to escape from the bonds of top down driven curriculm, I think there must be a better way.Â Â  Here is one alternative.<br />
<a href="http://www.edutopia.org/magazine/ed1article.php?id=Art_1750&#038;issue=feb_07#">Future School</a><br />
<strong> You&#8217;re talking about customizing the educational experience.</strong></p>
<p>&#8220;Exactly. Any form of diversity that we can introduce into the schools is a plus. Today, we have a big controversy about all the charter schools that are springing up. The school system people hate them because they&#8217;re taking money from them. I say we should radically multiply charter schools, because they begin to provide a degree of diversity in the system that has not been present. Diversify the system.</p>
<p>In our book Revolutionary Wealth, we play a game. We say, imagine that you&#8217;re a policeman, and you&#8217;ve got a radar gun, and you&#8217;re measuring the speed of cars going by. Each car represents an American institution. The first one car is going by at 100 miles an hour. It&#8217;s called business. Businesses have to change at 100 miles an hour because if they don&#8217;t, they die. Competition just puts them out of the game. So they&#8217;re traveling very, very fast. Then comes another car. And it&#8217;s going at 10 miles an hour. That&#8217;s the public education system. Schools are supposed to be preparing kids for the business world of tomorrow, to take jobs, to make our economy functional. The schools are changing, if anything, at 10 miles an hour. So, how do you match an economy that requires 100 miles an hour with an institution like public education? A system that changes, if at all, at 10 miles an hour?&#8221;</p>
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		<title>Satellites To Launch On One Rocket</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/02/satellites-to-launch-on-one-rocket/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/02/satellites-to-launch-on-one-rocket/#comments</comments>
		<pubDate>Sat, 17 Feb 2007 17:09:33 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=72</guid>
		<description><![CDATA[5 Satellites To Launch On One Rocket
The first camp holds that the substorms are triggered about 50,000 miles above Earth&#8217;s equator, about a sixth of the way to the moon, when electromagnetic turbulence disrupts the flow of intense space currents.
The other theory is that the substorms start about 100,000 miles above the equator with the [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://cbs4.com/topstories/local_story_046140333.html">5 Satellites To Launch On One Rocket</a><br />
The first camp holds that the substorms are triggered about 50,000 miles above Earth&#8217;s equator, about a sixth of the way to the moon, when electromagnetic turbulence disrupts the flow of intense space currents.</p>
<p>The other theory is that the substorms start about 100,000 miles above the equator with the spontaneous conversion of magnetic energy into heat. Particle acceleration then triggers the substorm energy.</p>
<p>To test each theory, two satellites will be lined up a sixth of the way to the moon, and two others will placed respectively about a third and halfway to the moon. The fifth satellite will be on hand &#8220;to replace a brother or sister if they get into trouble,&#8221; said Angelopoulos.</p>
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		<title>Web 2.0 hits saturation</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/02/web-20-hits-saturation/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/02/web-20-hits-saturation/#comments</comments>
		<pubDate>Fri, 16 Feb 2007 00:36:37 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=5</guid>
		<description><![CDATA[Buzzmeister&#8217;s beware!  The Valleywag buzzmeter shows Web 2.0 hits saturation.   That&#8217;s so 2006.  How should a capital hungry business owner create excitement among the technology captains of capital?
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			<content:encoded><![CDATA[<p>Buzzmeister&#8217;s beware!  The Valleywag buzzmeter shows <a href="http://valleywag.com/tech/buzzmeter/web-20-hits-saturation-227682.php">Web 2.0 hits saturation.</a>   That&#8217;s so 2006.  How should a capital hungry business owner create excitement among the technology captains of capital?<a href="http://valleywag.com/tech/buzzmeter/web-20-hits-saturation-227682.php"></a></p>
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		<title>Not a Pipe Dream</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/02/not-a-pipe-dream/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/02/not-a-pipe-dream/#comments</comments>
		<pubDate>Fri, 09 Feb 2007 15:37:36 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=71</guid>
		<description><![CDATA[I&#8217;ve been playing around with Yahoo Pipes and I like it.Â  Still not sure where to type the &#8220;&#124;&#8221; symbol and I expect we will all get beyond that pretty quickly.
Once you get past the somewhat confusing configuration boxes and understand the tool does a very good job of parsing urls whether feeds, news or [...]]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been playing around with Yahoo Pipes and I like it.Â  Still not sure where to type the &#8220;|&#8221; symbol and I expect we will all get beyond that pretty quickly.</p>
<p>Once you get past the somewhat confusing configuration boxes and understand the tool does a very good job of parsing urls whether feeds, news or others, it is quite simple to collect a group of sources, sort, order, eliminate duplicates and publish them.Â  Publishing comes complete with a standard set of feeds and your own your way.Â  My next step will be to check out some of the more interesting mash-up concepts.</p>
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		<title>Bomb fear advertising trend – I hope not</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/02/bomb-fear-advertising-trend-i-hope-not/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/02/bomb-fear-advertising-trend-i-hope-not/#comments</comments>
		<pubDate>Fri, 02 Feb 2007 21:18:11 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=70</guid>
		<description><![CDATA[I haven&#8217;t found it, but I&#8217;m sure if it hasn&#8217;t already been done, someone will analyze this advertising campaign in terms of publicity vs. cost.  They may well find that the additional publicity from the disruption of business in Boston was well worth the $500 to $600 thousand the company will pay Boston for [...]]]></description>
			<content:encoded><![CDATA[<p>I haven&#8217;t found it, but I&#8217;m sure if it hasn&#8217;t already been done, someone will analyze this advertising campaign in terms of publicity vs. cost.  They may well find that the additional publicity from the disruption of business in Boston was well worth the $500 to $600 thousand <a href="http://www.nytimes.com/2007/02/02/us/02hoax.html?ex=1328072400&#038;en=a553451dfa6453ad&#038;ei=5088&#038;partner=rssnyt&#038;emc=rss">the company will pay Boston for damages.</a></p>
<p>Let&#8217;s hope this does not set-off a series of copycat advertisers.  I can envision groups in conference rooms all along Madison Avenue trying to find a way to imitate the program in a way that leads no one to believe they are in danger.  I prefer the way New York treated the campaign.  Just grab the blinking thing and toss it.</p>
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		<title>Why Live in Colorado</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/01/why-live-in-colorado/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/01/why-live-in-colorado/#comments</comments>
		<pubDate>Wed, 24 Jan 2007 04:38:20 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=68</guid>
		<description><![CDATA[A question I rarely ask, &#8220;Why do I live in Colorado?&#8221; is regularly answered in ways like it was today.  Driving from Denver to Boulder I interrupted my cell phone caller with &#8220;There is a bald eagle in that tree right there.&#8221;  &#8211; Don&#8217;t worry Mom, I wasn&#8217;t driving. -
It is these regular, [...]]]></description>
			<content:encoded><![CDATA[<p>A question I rarely ask, &#8220;Why do I live in Colorado?&#8221; is regularly answered in ways like it was today.  Driving from Denver to Boulder I interrupted my cell phone caller with &#8220;There is a bald eagle in that tree right there.&#8221;  &#8211; Don&#8217;t worry Mom, I wasn&#8217;t driving. -</p>
<p>It is these regular, yet surprising scenes of our wonderful state that reminds me, long before I forget, what brought me here in the first place.</p>
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		<title>Pinewood Derby Week</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/01/pinewood-derby-week/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/01/pinewood-derby-week/#comments</comments>
		<pubDate>Sun, 21 Jan 2007 21:32:36 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Kids]]></category>
		<category><![CDATA[scouting]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=67</guid>
		<description><![CDATA[This is Pinewood Derby Week for Pack 377 and my first derby since the early &#8217;70s.  The wheels are wider and the block of wood does not have a cockpit pre-cut but the rest seems to be the same.  My first car I built with my dad a little more than a year [...]]]></description>
			<content:encoded><![CDATA[<p>This is Pinewood Derby Week for Pack 377 and my first derby since the early &#8217;70s.  The wheels are wider and the block of wood does not have a cockpit pre-cut but the rest seems to be the same.  My first car I built with my dad a little more than a year before he died.  It is one of the few scouting memories of him I retain and building this year&#8217;s car collection has brought some fond memories forward.</p>
<p>Today, we painted the cars in preparation for Wednesday&#8217;s weigh-in and Friday&#8217;s Derby.  We cut them Thanksgiving week and sanded them in early December.  Since then we&#8217;ve been waiting for some warmer weather so we could finish them in the garage.  Yesterday, we decided we would have to risk the kitchen and hope the enamel paint did not get applied to anything that mattered.  Other than hands and pajamas, only a few spots on the chairs have been painted so far. Oh, and the cars.  It seems Lightening McQueen is this year&#8217;s favorite model as we have two red speedsters to go along with a black caddy and a blue and orange rocket.</p>
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		<title>Holiday Decorations Dug Out</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/01/holiday-decorations-dug-out/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/01/holiday-decorations-dug-out/#comments</comments>
		<pubDate>Sun, 21 Jan 2007 11:53:20 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Home]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=66</guid>
		<description><![CDATA[I took our holiday decorations down today.  Or rather I should say I dug them out of the frozen snow.  Always afraid of being compared to the Griswalds, we pride ourselves in having our Christmas decorations pack away by New Year&#8217;s Day.    Our indoor decorations were packed weeks ago, while [...]]]></description>
			<content:encoded><![CDATA[<p>I took our holiday decorations down today.  Or rather I should say I dug them out of the frozen snow.  Always afraid of being compared to the Griswalds, we pride ourselves in having our Christmas decorations pack away by New Year&#8217;s Day.    Our indoor decorations were packed weeks ago, while our outside decorations were stuck under the forty plus inches of snow we got between December 20th and 27th.</p>
<p>So, today it was time to get it done.  Only about 8 inches of snow remains in our front yard, but it was the two inches of frozen snow / ice which held firmly to the electical cords.   Each had to literally be dug down to the grass and pried out of the snow pack.  The extension cords remain buried under the snow while my neighbors can now rejoice that our lighted deer will no longer meet them morning, noon and night.</p>
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		<title>Web 2.0 – A Bubble, Hype, for the Lucky Few?</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/01/web-20-a-bubble-hype-for-the-lucky-few/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/01/web-20-a-bubble-hype-for-the-lucky-few/#comments</comments>
		<pubDate>Tue, 09 Jan 2007 21:34:43 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=65</guid>
		<description><![CDATA[Tom Evslin&#8217;s post Web 2.0 â€“ Greater Initial Investments Required suggests that early Web 2.0 companies seized the advantage of low cost technical infrastructure and low cost marketing to gain cost advantages.Â  These companies were able to get big cheaper and faster than the first generation internet companies.Â  While he agrees with Fred Willson that [...]]]></description>
			<content:encoded><![CDATA[<p>Tom Evslin&#8217;s post <a href="http://blog.tomevslin.com/2007/01/web_20_greater_.html">Web 2.0 â€“ Greater Initial Investments Required</a> suggests that early Web 2.0 companies seized the advantage of low cost technical infrastructure and low cost marketing to gain cost advantages.Â  These companies were able to get big cheaper and faster than the first generation internet companies.Â  While he agrees with <a href="http://me.dium.com/medium_registration/download#">Fred Willson that the technology cost will remain low</a>, he suggest the lower promotion expense is now behind us.Â  The low cost of technology results in a lower cost of entry and will in fact increase promotional spending and the need for capital.</p>
<p>In any event, both men are suggesting there will be capital required to grow these companies going forward.Â  Those who are putting their business plans together without consideration for this cost increase will at least have some tough funding questions or worse some serious costs overruns.Â   <a href="http://blog.tomevslin.com/2007/01/web_20_greater_.html"><br />
</a></p>
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		<title>Private Firms Lure Chief Executives With Top Pay – New York Times</title>
		<link>http://dwaynenesmith.com/blog/archives/2007/01/private-firms-lure-chief-executives-with-top-pay-new-york-times/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2007/01/private-firms-lure-chief-executives-with-top-pay-new-york-times/#comments</comments>
		<pubDate>Mon, 08 Jan 2007 16:08:05 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=64</guid>
		<description><![CDATA[Why are private boards putting more value on the efforts of top managers than comparable public companies?Â  With no doubt there have been compensation structures for CEOs that were neither aligned with the interest of the shareholders or other stakeholders in the corporation.Â  However, the comparison between the pay at the top of the organization [...]]]></description>
			<content:encoded><![CDATA[<p>Why are private boards putting more value on the efforts of top managers than comparable public companies?Â  With no doubt there have been compensation structures for CEOs that were neither aligned with the interest of the shareholders or other stakeholders in the corporation.Â  However, the comparison between the pay at the top of the organization and that at lower levels really misses the mark.Â  This comparison just happens to be simple to calculate, easily understood and highly contentious.</p>
<p>The true value of a CEO is her ability to improve the value of the company.Â  The best way to measure this is to compare the value increase to other similar companies in order to remove the value increase or decrease that impacted all companies in the sector.</p>
<p>The cost of the CEO should be market driven with significant portions based on performance.Â  What is the market rate for a CEO with these skills and necessary experience?Â  Just as the top performers in movies or baseball games are paid many multiples the salary enjoyed by their peers due to the short supply of &#8220;stars&#8221;, CEOs are short in supply as well.</p>
<p>What is surprising here is that private companies with active investors on their boards are offering higher compensation for these talents than the generally less active boards of public companies?Â  I would suggest that the backlash of the &#8220;compensation scandals&#8221; have the compensation committee of public companies swinging too far in the conservative direction. The swing was needed, let&#8217;s hope it does not continue so that public companies become the minor league training camps for CEO destined to play in the private company major leagues.<br />
Public CEOs take to private firms in order to get top dollar as shown in <a href="http://www.nytimes.com/2007/01/08/business/08private.html?_r=1&#038;adxnnl=1&#038;dlbk=&#038;oref=slogin&#038;adxnnlx=1168272149-wIShesjatZyYXxv7akhYKw">Private Firms Lure Chief Executives With Top Pay &#8211; New York Times</a></p>
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		<title>To go where no man has gone before…</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/12/to-go-where-no-man-has-gone-before/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/12/to-go-where-no-man-has-gone-before/#comments</comments>
		<pubDate>Fri, 01 Dec 2006 10:31:09 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[International Politics]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=63</guid>
		<description><![CDATA[Stephen Hawking suggest space colonization is required to prevent the extinction of mankind.Â  It does not take much imagination to believe this premise only a very long time horizon.Â  The question seems to be are we willing to invest in multi-generational projects without an imminent crisis.
Back to Hawking: He stated he was eager to get [...]]]></description>
			<content:encoded><![CDATA[<p>Stephen Hawking suggest space colonization is required to prevent the extinction of mankind.Â  It does not take much imagination to believe this premise only a very long time horizon.Â  The question seems to be are we willing to invest in multi-generational projects without an imminent crisis.</p>
<p>Back to Hawking: <a href="http://www.extremetech.com/article2/0,1558,2065930,00.asp?kc=ETRSS02129TX1K0000532">He stated he was eager to get into space himself</a> as he described how the 50,000 year trip at todayâ€™s speeds could be achieved in a human lifetime.<br />
â€œScience fiction has developed the idea of warp drive, which takes you instantly to your destination,â€ he said. â€œUnfortunately, this would violate the scientific law which says that nothing can travel faster than light.â€  However, by using â€œmatter/antimatter annihilationâ€, velocities just below the speed of light could be reached, making it possible to reach the next star in about six years. â€œIt wouldnâ€™t seem so long for those on board,â€ he said.<br />
Where do I sign?</p>
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		<title>Board Management 101</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/12/board-management-101/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/12/board-management-101/#comments</comments>
		<pubDate>Fri, 01 Dec 2006 10:25:02 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=62</guid>
		<description><![CDATA[A candid interview with Seagateâ€™s CEO reveals his success cookbook.Â  The secret to managing a board of directors: â€œYou never ask board members what they think. You tell them what youâ€™re going to do.â€
Are you sure you have the right board members?
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			<content:encoded><![CDATA[<p>A candid <a href="http://money.cnn.com/2006/11/30/magazines/fortune/obrienseagate.fortune/">interview with Seagateâ€™s CEO</a> reveals his success cookbook.Â  The secret to managing a board of directors: â€œYou never ask board members what they think. You tell them what youâ€™re going to do.â€</p>
<p>Are you sure you have the right board members?</p>
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		<title>Web start-ups snub the big money – Technology &amp; Media – International Herald Tribune</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/11/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune-2/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/11/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune-2/#comments</comments>
		<pubDate>Tue, 07 Nov 2006 18:55:39 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=61</guid>
		<description><![CDATA[In Web start-ups snub the big money, the International Herald Tribune suggests this is a trend that should be expected to continue for a few if not spread to many companies in the space.â€œBy then, Meebo was being courted by venture capitalists, but it decided to take a modest $100,000 from three angel investors, people [...]]]></description>
			<content:encoded><![CDATA[<div class="postentry">In <a href="http://www.iht.com/articles/2006/11/06/business/venture.php">Web start-ups snub the big money</a>, the International Herald Tribune suggests this is a trend that should be expected to continue for a few if not spread to many companies in the space.â€œBy then, Meebo was being courted by venture capitalists, but it decided to take a modest $100,000 from three angel investors, people who typically contribute small amounts and make few demands.</p>
<p>â€œWe had a bunch of VCs talking to us about potentially putting more money in,â€ Sternberg said. â€œWe said no. A lot of things happen when you raise a VC round, and they really slow you down.â€</p>
<p>Eventually, Meebo did raise money from venture investors &#8211; about $3.5 million from Sequoia Capital. But that was after the company was well on its way to showing that its service was a hit with consumers. At the time, Meebo had about 200,000 daily log-ins.â€</p></div>
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		<title>VC Deals: Hercules allows investment in pre-IPO start-ups</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/09/vc-deals-hercules-allows-investment-in-pre-ipo-start-ups/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/09/vc-deals-hercules-allows-investment-in-pre-ipo-start-ups/#comments</comments>
		<pubDate>Wed, 06 Sep 2006 00:36:16 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=4</guid>
		<description><![CDATA[MercuryNews.com &#124; 08/16/2006 &#124; VC Deals: Hercules allows investment in pre-IPO start-ups&#8220;Hercules invests primarily in high-tech companies, usually through &#8220;mezzanine&#8221; debt financings coupled with an equity component such as stock warrants or options, in private companies previously funded by leading venture capital firms. The loans are typically secured by some or all of the assets [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.siliconvalley.com/mld/siliconvalley/rss/15284791.htm?source=rss&amp;channel=siliconvalley_rss">MercuryNews.com | 08/16/2006 | VC Deals: Hercules allows investment in pre-IPO start-ups</a><a href="http://www.siliconvalley.com/mld/siliconvalley/rss/15284791.htm?source=rss&amp;channel=siliconvalley_rss"></a>&#8220;Hercules invests primarily in high-tech companies, usually through &#8220;mezzanine&#8221; debt financings coupled with an equity component such as stock warrants or options, in private companies previously funded by leading venture capital firms. The loans are typically secured by some or all of the assets of the portfolio company, according to Hercules&#8217; regulatory filings.As a &#8220;registered investment company,&#8221; Hercules receives certain tax breaks so long as it distributes to shareholders at least 90 percent of its net ordinary income and any net short-term capital gains it realizes that are greater than its long-term capital losses. During the first six months of 2006 it paid out $6 million in dividends.Because Hercules distributes most of its income to stockholders it needs additional capital to finance growth. It raised $34 million in April, selling 3.4 million more shares at $10.55 each less than a year after its IPO.&#8221;</p>
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		<title>Ta-Da! Cheaper Stock Options!</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/07/ta-da-cheaper-stock-options/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/07/ta-da-cheaper-stock-options/#comments</comments>
		<pubDate>Fri, 14 Jul 2006 17:08:45 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=60</guid>
		<description><![CDATA[Ta-Da! Cheaper Stock Options! Are stock Betas, volatility, really going down as fast as stock option valuations suggest.  This article suggest they are not.
Look, the only reason any investor wished companies to expense options is to reduce the number of options granted. An appropriate goal, perhaps, I question the approach.
There is limited value to [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.businessweek.com/magazine/content/06_30/b3994048.htm?campaign_id=rss_magzn">Ta-Da! Cheaper Stock Options!</a> Are stock Betas, volatility, really going down as fast as stock option valuations suggest.  This article suggest they are not.</p>
<p>Look, the only reason any investor wished companies to expense options is to reduce the number of options granted. An appropriate goal, perhaps, I question the approach.</p>
<p>There is limited value to investors by adding another non-cash item to earnings.  Especially, one so difficult to value or in other words so easy to manipulate. Future cash flow per share is the metric investors desire and the information needed is how many options will vest over time and what is the dilutive impact on cash flow per share.  Oh, and make sure you are getting our money&#8217;s worth when you grant future cash flows to employees via stock option grants.</p>
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		<title>10 days that unexpectedly changed America</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/04/10-days-that-unexpectedly-changed-america/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/04/10-days-that-unexpectedly-changed-america/#comments</comments>
		<pubDate>Sat, 15 Apr 2006 03:57:21 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[Science]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=59</guid>
		<description><![CDATA[The excellent series on the History Channel, 10 Days that Unexpectedly Changed America, continues to be very educational and quite entertaining.  Watching these 10 events, I feel compelled to add and question if perhaps other unexpected events would be in my top 10.  Their events are:

Massacre at Mystic
Shays&#8217; Rebellion: America&#8217;s First Civil War
Gold [...]]]></description>
			<content:encoded><![CDATA[<p>The excellent series on the <a title="History Channel" href="http://www.historychannel.com">History Channel</a>, <a title="10 days" href="http://www.historychannel.com/10days/">10 Days that Unexpectedly Changed America</a>, continues to be very educational and quite entertaining.  Watching these 10 events, I feel compelled to add and question if perhaps other unexpected events would be in my top 10.  Their events are:</p>
<ul>
<li>Massacre at Mystic</li>
<li>Shays&#8217; Rebellion: America&#8217;s First Civil War</li>
<li>Gold Rush</li>
<li>Antietam</li>
<li>The Homestead Strike</li>
<li>Murder at the Fair: The Assassination of President McKinley</li>
<li>Scopes: The Battle over America&#8217;s Soul</li>
<li>Einstein&#8217;s Letter</li>
<li>When America Was Rocked</li>
<li>Freedom Summer</li>
</ul>
<p>After reading the list, I could not help notice the lack of inclusion of events drawing the US into a war.  The sinking of the Lusitania, the attack on Pearl Harbor, and the Gulf of Tonkin.  While all of these lead to war and perhaps one could predict it, the total cost and impact to the country could not have been known by anyone.</p>
<p>Nothing on this list leads to the US declaring its independence from England.  I&#8217;m not sure I can point to a single day that led the founding fathers to make that decision and the country to make the required sacrifice.  The events that come to mind fill today&#8217;s elementary school books.  The Shot Heard Round the World, seems to fit the bill.  However, this was in volatile New England and may have meant little to a New Yorker or Georgian.  Bunker Hill (Breed&#8217;s Hill) is another event following the Boston Massacre that could have set the country on a direction of succession.</p>
<p>Economic events include The Federal Reserve, going off the gold starndard and, my favorite, the invention of the semiconductor which has to rank very high in terms of impact to the US and the world.</p>
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		<title>Massachusetts’ Bold Healthcare Initiative</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/04/massachusetts-bold-healthcare-initiative/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/04/massachusetts-bold-healthcare-initiative/#comments</comments>
		<pubDate>Tue, 11 Apr 2006 21:38:51 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=57</guid>
		<description><![CDATA[or overstepping the boundaries of government?  Which of these best describes the recent &#8220;Healthcare for All&#8221; bill supported by an overwhelming majority of the Massachusetts Legislature  (154 to 2 in the House and 37 to 0 in the Senate) and Govenor Mitt Romney?  The plan&#8217;s objective is one shared by all concerned [...]]]></description>
			<content:encoded><![CDATA[<p>or overstepping the boundaries of government?  Which of these best describes the recent &#8220;Healthcare for All&#8221; bill supported by an overwhelming majority of the <a href="http://www.mass.gov/legis/legis.htm">Massachusetts Legislature</a>  (154 to 2 in the House and 37 to 0 in the Senate) and <a title="Mass. Gov. Mitt Romney" href="http://www.mass.gov/?pageID=gov2terminal&#038;L=2&#038;L0=Home&#038;L1=Romney%20Team&#038;sid=Agov2&#038;f=gov_mittromneybio_homepage&#038;csid=Agov2&#038;b=terminalcontent">Govenor Mitt Romney</a>?  The plan&#8217;s objective is one shared by all concerned about the unisured, responsible quality healthcare for all.  It differs from many other universal plans in several ways.</p>
<p>The bill requires individuals to provide personal coverage, just like the state&#8217;s laws on auto coverage. Massachusetts is the first state requiring individuals to have health insurance or prove they can self-insure.</p>
<p>In addition, the bill provides funds to make sure those eligible for Medicare and Medicaid are enrolled.  It subsidies healthcare insurance for those who don&#8217;t qualify for government programs and can&#8217;t afford insurance.  The state expects to pay for the subsidies out of a $1 billion fund set aside for providing healthcare for those who can&#8217;t afford it.</p>
<p>The bill currently requires employers to pay $295 per unisured employee.  &#8220;That&#8217;s likely to be adjusted by me,&#8221; stated Governor Romney.  Will he wield the line-item veto pen?</p>
<p>Joe Klein at Time Magazine describes the <a href="http://www.time.com/time/columnist/klein/article/0,9565,1137628,00.html">Romney Healthcare plan</a> this way:</p>
<blockquote><p>Massachusetts now spends about $1 billion a year to provide emergency health care for at least 500,000 uninsured citizens. About 200,000 of those are young people, predominantly male, who are making enough money to buy health insurance but figure they don&#8217;t need it. They would be required to buy a relatively inexpensive health insurance policy, with higher deductibles and co-paysâ€”that&#8217;s where the &#8220;mandate&#8221; comes in. Another 100,000 are extremely poor people who are eligible for Medicaid; a concerted effort would be made to bring them into the system. The remaining 200,000 are the people who have been most neglected by the system in the past: the working poor, people who have low-end service jobs or work part time for employers who don&#8217;t offer health coverage.</p></blockquote>
<p><span class="inside-head">According to <a href="http://malcolmco.com/posts/wp-admin/www.usatoday.com">USA Today</a>, <a href="http://www.usatoday.com/money/industries/health/2005-07-04-health-insurance-usat_x.htm">Mass. Gov. Romney&#8217;s health care plan says everyone pays</a> , other healthcare proposals have focused on expanding government healtcare coverage for the poor and have largely failed.  </span>Romney put distance between his proposal and the Clinton plan, saying &#8220;we don&#8217;t need Hillary-care.&#8221;<span class="inside-head"><br />
</span></p>
<p>In an article by <a title="The Washington Post" href="http://www.washingtonpost.com">The Washington Post</a>, <a href="http://www.washingtonpost.com/wp-dyn/content/article/2006/04/04/AR2006040401937.html">Mass. Bill Requires Health Coverage</a>, the plan goes much farther than any other state but is by no means finalized. It leaves the task of determining exactly how much some low-income residents will pay for their new, more affordable policies to a new agency that would serve as a liaison between the government, policyholders and private insurance companies.</p>
<p>Because of that uncertainty, some still worry that the residents required to buy insurance would not be able to.</p>
<p>In any event, a creative approach which does not unduly burden employers or tax payers.  As long as it does not place too great a burden on the poor, then it is a very good start.</p>
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		<title>Top Venture Investor Goes Green – Los Angeles Times</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/04/top-venture-investor-goes-green-los-angeles-times/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/04/top-venture-investor-goes-green-los-angeles-times/#comments</comments>
		<pubDate>Tue, 11 Apr 2006 11:37:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[energy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=56</guid>
		<description><![CDATA[Kleiner Perkins sets aside $100 million to invest in &#8220;Green Technologies&#8221;, Top Venture Investor Goes Green &#8211; Los Angeles Times.ï¿½  Does this mean the tides will now turn in favor of investing in this critical area?ï¿½  Oil at almost $69 a barrel today still does not by itself support most of the acclaimed [...]]]></description>
			<content:encoded><![CDATA[<p>Kleiner Perkins sets aside $100 million to invest in &#8220;Green Technologies&#8221;, <a href="http://www.latimes.com/business/la-fi-doerr11apr11,1,6759329.story?track=rss&#038;ctrack=1&#038;cset=true">Top Venture Investor Goes Green &#8211; Los Angeles Times.</a>ï¿½  Does this mean the tides will now turn in favor of investing in this critical area?ï¿½  Oil at almost $69 a barrel today still does not by itself support most of the acclaimed alternative energy sources.ï¿½  So does this predict oil prices continuing to rise or government stepping in to i) invest more in alternaive sources, ii) increase energy taxes or iii) mandate higher environmental regulations?</p>
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		<title>Myogen GlaxoSmithKline agree to joint investment up to $100 million</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/04/myogen-glaxosmithkline-agree-to-joint-investment-up-to-100-million/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/04/myogen-glaxosmithkline-agree-to-joint-investment-up-to-100-million/#comments</comments>
		<pubDate>Wed, 05 Apr 2006 17:46:48 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Biotechnology]]></category>
		<category><![CDATA[Colorado]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=55</guid>
		<description><![CDATA[GlaxoSmithKline to invest in Myogen
Westminster-based Myogen Inc. said Monday it will receive as much as $100 million from GlaxoSmithKline, as the drugmakers work together on two medicines that treat a lung condition.
Both drugs target pulmonary arterial hypertension, which affects about 200,000 people and, when untreated, can lead to heart failure.
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			<content:encoded><![CDATA[<p><a href="http://www.denverpost.com/search/ci_3575580">GlaxoSmithKline to invest in Myogen</a><br />
Westminster-based Myogen Inc. said Monday it will receive as much as $100 million from GlaxoSmithKline, as the drugmakers work together on two medicines that treat a lung condition.</p>
<p>Both drugs target pulmonary arterial hypertension, which affects about 200,000 people and, when untreated, can lead to heart failure.</p>
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		<title>Coping with the retirement of critical experience</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/03/coping-with-the-retirement-of-critical-experience/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/03/coping-with-the-retirement-of-critical-experience/#comments</comments>
		<pubDate>Fri, 24 Mar 2006 21:45:18 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[International Politics]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=54</guid>
		<description><![CDATA[During the next few years, western countries will face a more intense labor shortage than last felt in the first two years of this century.  Very few companies are prepared for this with hardly any looking to utilize the aging workforce to fill this shortage.  Initially, offshore workers will be able to handle [...]]]></description>
			<content:encoded><![CDATA[<p>During the next few years, western countries will face a more intense labor shortage than last felt in the first two years of this century.  Very few companies are prepared for this with hardly any looking to utilize the aging workforce to fill this shortage.  Initially, offshore workers will be able to handle some of the shortage.  However, India and China are only a few decades from reaching a neutral or negative growth in trained workers.</p>
<blockquote><p>A survey in America last month by Ernst &#038; Young found that â€œalthough corporate America foresees a significant workforce shortage as boomers retire, it is not dealing with the issue.â€ Almost three-quarters of the 1,400 global companies questioned by Deloitte last year said they expected a shortage of salaried staff over the next three to five years. Yet few of them are looking to older workers to fill that shortage; and even fewer are looking to them to fill another gap that has already appeared. Many firms in Europe and America complain that they struggle to find qualified directors for their boardsâ€”this when the pool of retired talent from those very same firms is growing by leaps and bounds.</p>
<div style="width: 270px" class="content-image-float"><img width="270" height="262" alt=" " src="http://www.economist.com/images/20060218/CSF956.gif" /></div>
<p>Why are firms not working harder to keep old employees?</p></blockquote>
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		<title>Quotes</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/03/quotes/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/03/quotes/#comments</comments>
		<pubDate>Thu, 23 Mar 2006 21:12:14 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Quotes]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=53</guid>
		<description><![CDATA[In modern business it is not the crook who is to be feared most, it is the honest man who doesn&#8217;t know what he is doing.
 William Wordsworth 
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			<content:encoded><![CDATA[<p><span class="body">In modern business it is not the crook who is to be feared most, it is the honest man who doesn&#8217;t know what he is doing.</span><br />
<span class="bodybold"> <a href="http://www.brainyquote.com/quotes/quotes/w/williamwor120836.html">William Wordsworth</a> </span></p>
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		<title>Security of ports, jobs or politics in port management issue?</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/02/security-of-ports-jobs-or-politics-in-port-management-issue/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/02/security-of-ports-jobs-or-politics-in-port-management-issue/#comments</comments>
		<pubDate>Fri, 24 Feb 2006 06:00:28 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[International Politics]]></category>
		<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=52</guid>
		<description><![CDATA[Lawrence Kudlow calls the concerns over a United Arab Emirates company winning the bid to manage six America ports as nothing other than bigotry. His name for this, Islamaphobia, will not likely be added to our daily lexicon. The actions it describes are simply wrong headed.
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			<content:encoded><![CDATA[<p><a href="http://www.realclearpolitics.com/blog/2006/02/call_it_what_it_is_islamophobi_1.html">Lawrence Kudlow calls the concerns over a United Arab Emirates</a> company winning the bid to manage six America ports as nothing other than bigotry. His name for this, Islamaphobia, will not likely be added to our daily lexicon. The actions it describes are simply wrong headed.</p>
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		<title>Why is ice so slippery?</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/02/why-is-ice-so-slippery/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/02/why-is-ice-so-slippery/#comments</comments>
		<pubDate>Tue, 21 Feb 2006 17:49:17 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Science]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=51</guid>
		<description><![CDATA[Does ice melt due to weight and/or friction of a boot, skate or tire creating a thin layer of water?  Experiements are unable to prove this leading some to suggest special qualities of H2O in it&#8217;s &#8220;solid&#8221; form. You can find more in The New York Times article, Explaining Ice: The Answers Are Slippery. [...]]]></description>
			<content:encoded><![CDATA[<p>Does ice melt due to weight and/or friction of a boot, skate or tire creating a thin layer of water?  Experiements are unable to prove this leading some to suggest special qualities of H2O in it&#8217;s &#8220;solid&#8221; form. You can find more in <a title="The New York Times" href="http://malcolmco.com/posts/wp-admin/www.newyorktimes.com">The New York Times</a> article, <a title="Explaining Ice: The Answers Are Slippery" href="http://www.nytimes.com/2006/02/21/science/21ice.html?8dpc">Explaining Ice: The Answers Are Slippery</a>. Free registration may be required.</p>
<blockquote><p>The pressure-melting explanation also fails to explain why someone wearing flat-bottom shoes, with a much greater surface area that exerts even less pressure on the ice, can also slip on ice.</p>
<p>Two alternative explanations have arisen to take the pressure argument&#8217;s place. One, now more widely accepted, invokes friction: the rubbing of a skate blade or a shoe bottom over ice, according to this view, heats the ice and melts it, creating a slippery layer.</p>
<p>The other, which emerged a decade ago, rests on the idea that perhaps the surface of ice is simply slippery. This argument holds that water molecules at the ice surface vibrate more, because there are no molecules above them to help hold them in place, and they thus remain an unfrozen liquid even at temperatures far below freezing.</p>
<p>In 2002, Dr. Salmeron and colleagues performed an experiment. They dragged the tip of an atomic force microscope, resembling a tiny phonograph needle, across the surface of ice.</p>
<p>&#8220;We found the friction of ice to be very high,&#8221; Dr. Salmeron said. That is, ice is not really that slippery, after all.</p></blockquote>
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		<title>Public or Private Companies – Which do you want to lead???</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/02/public-or-private-is-there-a-choice/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/02/public-or-private-is-there-a-choice/#comments</comments>
		<pubDate>Sun, 19 Feb 2006 18:55:07 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=50</guid>
		<description><![CDATA[Going private.  Hotshot managers are fleeing public companies for the money, freedom, and glamour of private equity.
&#8220;It isn&#8217;t only CEOs who are making the move to private-equity firms. Fast-rising midcareer folks are lining up, too. &#8216;The interest has really gone through the roof,&#8217; says Anthony Lando, partner and director of Benchmark Search Group, a [...]]]></description>
			<content:encoded><![CDATA[<p><a target="_blank" title="BusinessWeek Online: Going Private" href="http://www.businessweek.com/magazine/content/06_09/b3973001.htm">Going private.</a>  Hotshot managers are fleeing public companies for the money, freedom, and glamour of private equity.</p>
<p>&#8220;<font face="arial,helvetica,univers" class="text">It isn&#8217;t only CEOs who are making the move to private-equity firms. Fast-rising midcareer folks are lining up, too. &#8216;The interest has really gone through the roof,&#8217; says Anthony Lando, partner and director of Benchmark Search Group, a financial-executive recruiter in Stamford, Conn. Newly minted MBAs are joining them. Back in the 1980s most B-school students wanted to be investment bankers. In the 1990s it was tech-related venture capital and dot-coms. Now, private equity is hot.&#8221;</font></p>
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		<title>Tactical is the new strategic</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/02/tactical-is-the-new-strategic/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/02/tactical-is-the-new-strategic/#comments</comments>
		<pubDate>Thu, 16 Feb 2006 09:53:46 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=49</guid>
		<description><![CDATA[ 					Chad Dickerson puts it simply and directly.  Tactical execution is critical in today&#8217;s business environment.
Iâ€™m not saying that strategy isnâ€™t important, just that strategy directly combined with tactical skill is the real killer combo. â€œStrategyâ€ in the absense of tactical engagement is a loserâ€™s game. If youâ€™re a manager who gets down in [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.chaddickerson.com/blog/2006/02/15/tactical-is-the-new-strategic/"> 					Chad Dickerson</a> puts it simply and directly.  Tactical execution is critical in today&#8217;s business environment.</p>
<blockquote><p>Iâ€™m not saying that strategy isnâ€™t important, just that strategy directly combined with tactical skill is the real killer combo. â€œStrategyâ€ in the absense of tactical engagement is a loserâ€™s game. If youâ€™re a manager who gets down in the muck to make things happen (not to be confused with â€œmicromanagementâ€), take heart: tactical is the new strategic.</p></blockquote>
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		<title>Capital needs for web-startups in question</title>
		<link>http://dwaynenesmith.com/blog/archives/2006/01/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2006/01/web-start-ups-snub-the-big-money-technology-media-international-herald-tribune/#comments</comments>
		<pubDate>Thu, 19 Jan 2006 13:57:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=48</guid>
		<description><![CDATA[In Web start-ups snub the big money, the International Herald Tribune suggests web start-ups will continue to use less capital.  This is a trend that should be expected to continue for a few if not spread to many companies in the space.&#8221;By then, Meebo was being courted by venture capitalists, but it decided to [...]]]></description>
			<content:encoded><![CDATA[<p>In <a href="http://www.iht.com/articles/2006/11/06/business/venture.php">Web start-ups snub the big money</a>, the International Herald Tribune suggests web start-ups will continue to use less capital.  This is a trend that should be expected to continue for a few if not spread to many companies in the space.&#8221;By then, Meebo was being courted by venture capitalists, but it decided to take a modest $100,000 from three angel investors, people who typically contribute small amounts and make few demands.</p>
<p>&#8220;We had a bunch of VCs talking to us about potentially putting more money in,&#8221; Sternberg said. &#8220;We said no. A lot of things happen when you raise a VC round, and they really slow you down.&#8221;</p>
<p>Eventually, Meebo did raise money from venture investors &#8211; about $3.5 million from Sequoia Capital. But that was after the company was well on its way to showing that its service was a hit with consumers. At the time, Meebo had about 200,000 daily log-ins.&#8221;</p>
<p>- Original Nov. 2006 post updated<br />
Is the recent news of tech and media startups needing less capital a trend or a passing fad? There have been some noteworthy articles in recent weeks suggesting it is a combination of the two. I recommend reading both Tom Evslinâ€™s <a href="http://blog.tomevslin.com/2007/01/web_20_greater_.html">Web 2.0 â€“ Greater Initial Investments Required</a> and <a href="http://me.dium.com/medium_registration/download#">Fred Willson&#8217;s that the technology cost will remain low</a>, both covered in the Random Connections <a rel="bookmark" title="Permanent Link: Web 2.0 - A Bubble, Hype, for the Lucky Few?" href="http://malcolmco.com/archives/2007/01/09/web-20-a-bubble-hype-for-the-lucky-few/">Web 2.0 &#8211; A Bubble, Hype, for the Lucky Few?</a></p>
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		<title>Human Evolution: New Thoughts</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/12/human-evolution-new-thoughts/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/12/human-evolution-new-thoughts/#comments</comments>
		<pubDate>Thu, 22 Dec 2005 16:11:41 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Science]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=47</guid>
		<description><![CDATA[The Economists in The proper study of mankind writes:
SEVEN hundred and forty centuries ago, give or take a few, the skies darkened and the Earth caught a cold. Toba, a volcano in Sumatra, had exploded with the sort of eruptive force that convulses the planet only once every few million years. The skies stayed dark [...]]]></description>
			<content:encoded><![CDATA[<p><a title="The Economist" href="http://www.economist.com/">The Economists</a> in <a title="The proper study of mankind" href="http://www.economist.com/surveys/displaystory.cfm?story_id=5299220"><em>The proper study of mankind</em></a> writes:</p>
<blockquote><p>SEVEN hundred and forty centuries ago, give or take a few, the skies darkened and the Earth caught a cold. Toba, a volcano in Sumatra, had exploded with the sort of eruptive force that convulses the planet only once every few million years. The skies stayed dark for six years, so much dust did the eruption throw into the atmosphere. It was a dismal time to be alive and, if Stanley Ambrose of the University of Illinois is right, the chances were you would be dead soon. In particular, the population of one species, known to modern science as <em>Homo sapiens</em>, plummeted to perhaps 2,000 individuals.</p>
<p>The proverbial Martian, looking at that darkened Earth, would probably have given long odds against these peculiar apes making much impact on the future. True, they had mastered the art of tool-making, but so had several of their contemporaries. True, too, their curious grunts allowed them to collaborate in surprisingly sophisticated ways. But those advantages came at a huge price, for their brains were voracious consumers of energyâ€”a mere 2% of the body&#8217;s tissue absorbing 20% of its food intake. An interesting evolutionary experiment, then, but surely a blind alley.</p></blockquote>
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		<title>Medicaid Needs Agressive Treatment</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/09/110792785211243727/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/09/110792785211243727/#comments</comments>
		<pubDate>Tue, 06 Sep 2005 01:44:23 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=46</guid>
		<description><![CDATA[The McKinsey Quarterly: Intensive care for Medicaid:
&#8220;Every US policy maker knows that Medicaid presents vexing budget challenges, but a new analysis suggests that its costs are becoming truly unsustainable. McKinsey estimates that even after economic growth returns to a steady pace, this government health insurance program, which primarily serves the poor, will consume more than [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mckinseyquarterly.com/article_page.aspx?ar=1562&#038;L2=12">The McKinsey Quarterly: Intensive care for Medicaid</a>:</p>
<p>&#8220;Every US policy maker knows that Medicaid presents vexing budget challenges, but a new analysis suggests that its costs are becoming truly unsustainable. McKinsey estimates that even after economic growth returns to a steady pace, this government health insurance program, which primarily serves the poor, will consume more than 75 percent of all new state revenues in 10 states, including Georgia, Indiana, and Oregon, by 2009. Medicaid will cost 11 other states, including Florida, New York, and Pennsylvania, from half to 75 percent of their incremental revenues (Exhibit 1). In an additional 22 states, this one program will consume 25 to 50 cents of each new tax dollar.&#8221;</p>
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		<title>Can open source revolutionise biotech?</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/08/110835744435451880/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/08/110835744435451880/#comments</comments>
		<pubDate>Sun, 14 Aug 2005 04:04:04 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Biotechnology]]></category>
		<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=45</guid>
		<description><![CDATA[Economist.com &#124; Biotechnology
THE computing industry has been transformed by open-source software, threatening business models while creating lucrative opportunities for some firms. Might the same happen in biotechnology? In a paper published in Nature on February 10th, a group of researchers describe a way to transfer genes into plants that bypasses the now most commonly used [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.economist.com/business/displayStory.cfm?story_id=3651730">Economist.com | Biotechnology</a></p>
<p>THE computing industry has been transformed by open-source software, threatening business models while creating lucrative opportunities for some firms. Might the same happen in biotechnology? In a paper published in Nature on February 10th, a group of researchers describe a way to transfer genes into plants that bypasses the now most commonly used technique, agrobacterium transformation, which is protected by hundreds of patents. The new process may provide an alternative method of modifying certain types of crops in order to, say, improve harvests. But what makes the invention particularly notable is that the authors, affiliated with CAMBIA, a non-profit biotech research group in Australia, have made the procedure free for use under a novel â€œopen-sourceâ€ licence.</p>
<p>This licence allows people to commercialise products based on the procedure. All that is required is that improvements to the technique itself be shared, to the benefit of all users. This should make it easier for companies and researchers in poor countries to use agricultural gene-transfer technology, which today&#8217;s patent-licensing approach impedes.</p>
<p>&#8216;The idea is to try to craft a system so that we have a different way to do business,&#8217; says Richard Jefferson, the head of CAMBIA and a co-author of the paper. &#8216;This is a demonstration of a way forward for an innovation business model,&#8217; he says, which could help unleash creativity in poorer countries. This week, the group also unveiled a website, BioForge.net, to help biotech researchers to collaborate, much as SourceForge.net is a nexus for open-source software development.</p>
<p>Although open-source approaches have already been used in biotech-related computing (called bioinformatics) and database sharing, CAMBIA&#8217;s licence represents an actual technique being provided in an open-source form. It is part of a broader push towards open practices in the life sciences. For example, Science Commons, an offshoot of Creative Commons (which provides less restrictive copyright licences to authors), is preparing to develop open licences later this year. &#8220;</p>
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		<title>Are Business Schools the Cause of Business Corruption?</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/07/110877048386763110/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/07/110877048386763110/#comments</comments>
		<pubDate>Mon, 18 Jul 2005 22:47:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Ethics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=44</guid>
		<description><![CDATA[Economist.com &#124;Is the MBA responsible for moral turpitude at the top? :
&#8220;SEVERAL of the corporate scandals that took place in the early years of this decade are currently being replayed in courtrooms from New York to Alabama. The trials of top executives at HealthSouth, Tyco International and WorldCom are reminding the public how unethical was [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.economist.com/opinion/displayStory.cfm?story_id=3667863">Economist.com |Is the MBA responsible for moral turpitude at the top? </a>:</p>
<p>&#8220;SEVERAL of the corporate scandals that took place in the early years of this decade are currently being replayed in courtrooms from New York to Alabama. The trials of top executives at HealthSouth, Tyco International and WorldCom are reminding the public how unethical was the behaviour of some of the nation&#8217;s top managers only a few short years ago.</p>
<p>The finger of blame for this behaviour is sometimes pointed at the MBA, the degree offered by business schools from Harvard to Hawaii. Perhaps this is not as odd as it sounds. After all, MBAs lay as thick on the ground at Enron as managerial hubris, and disinterested outsiders are not alone in asking whether there might have been some connection.&#8221;</p>
<p>Do we really think the primary place for social and moral teachings is in the management schools teaching twenty and thirty year olds the latest theory on business and economics?  Yes, these schools can and are exposing future manager to difficult situations.  But, no, it is not the primary responsibility of these institutions to instill the core values of ethical and legal decision making.  Here is an article on the issue worthy of a read.</p>
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		<title>18 Ways to Take Charge — Fast</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/06/18-ways-to-take-charge-fast/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/06/18-ways-to-take-charge-fast/#comments</comments>
		<pubDate>Fri, 10 Jun 2005 04:45:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=43</guid>
		<description><![CDATA[Fastcompany suggests there are few career moments as exciting &#8212; and these days, as perilous &#8212; as taking over the top job at a company, business unit, or department. But what exactly do you do once you&#8217;re in charge? This online guide provides 18 tactics &#8211; and case studies &#8212; to help you take the [...]]]></description>
			<content:encoded><![CDATA[<p><a title="Fast Company" href="http://www.fastcompany.com">Fastcompany</a> suggests there are few career moments as exciting &#8212; and these days, as perilous &#8212; as taking over the top job at a company, business unit, or department. But what exactly do you do once you&#8217;re in charge? This <a href="http://www.fastcompany.com/articles/2002/08/suddenimpact.html">online guide provides 18 tactics </a>&#8211; and case studies &#8212; to help you take the reigns running.</p>
<ol>
<li><strong><strong>Begin your transition before you start the job.<br />
</strong></strong></li>
<li><strong><strong>Travel widely within your organization, listen carefully, and look for patterns in everything you see and hear.<br />
</strong></strong></li>
<li><strong><strong /><strong>As you ask questions, look for the rising stars whom you want as part of your team.<br />
</strong></strong></li>
<li><strong><strong /><strong>Identify the kind of people who will flourish in the environment you want to establish.<br />
</strong></strong></li>
<li><strong><strong /><strong>After you&#8217;ve identified the ideal individual, identify the ideal group.  </strong><strong /></strong></li>
<li><strong><strong>Acknowledge what you don&#8217;t know. Identify those around you who are the experts and don&#8217;t be afraid to lean on them.<br />
</strong></strong></li>
<li><strong><strong>Don&#8217;t be afraid to listen to people who disagree.  </strong><strong /></strong></li>
<li><strong><strong>But clean house if you have to.<br />
</strong></strong></li>
<li><strong><strong /><strong>Establish a way to communicate with &#8212; and listen to &#8212; your entire team.<br />
</strong></strong></li>
<li><strong><strong /><strong>Don&#8217;t trash your predecessor, but don&#8217;t be shy about promoting your own agenda.<br />
</strong></strong></li>
<li><strong><strong /><strong>Settle on a few major priorities. You can&#8217;t fix everything at once.<br />
</strong></strong></li>
<li><strong><strong />Meet the customers. Balance the big picture vision with-front line views.<br />
</strong></li>
<li><strong>Target a few early wins. Momentum counts, and nothing succeeds like success.<br />
</strong></li>
<li><strong><strong>Keep an eye on the clock. Faster is almost always better.</strong><br />
</strong></li>
<li><strong><strong>Don&#8217;t be afraid to make mistakes but be sure to fix them faster than you make them.<br />
</strong></strong></li>
<li><strong><strong />Be wary of reckless re-engineering.<strong> </strong><strong><br />
</strong></strong></li>
<li><strong><strong>Don&#8217;t be afraid to look for ideas in unusual places.<br />
</strong></strong></li>
<li><strong><strong>Finally, ask yourself who do you really want to prevail, you or your organization?</strong></strong></li>
</ol>
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		<title>25 Ideas for Leading Change at Home and Work</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/05/25-ideas-for-leading-change-at-home-and-work/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/05/25-ideas-for-leading-change-at-home-and-work/#comments</comments>
		<pubDate>Sun, 22 May 2005 14:03:07 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=42</guid>
		<description><![CDATA[In calling Fast Company readers to lead change at work and at home, RealTime speakers shared their ideas about the state of business, the power of people, and the future of innovation. Here are 25 of the smartest insights that we took away from the event.
1. Audit Your Company Cultures
2. Informed People Don&#8217;t Fear Change
3. [...]]]></description>
			<content:encoded><![CDATA[<p>In calling Fast Company readers to lead change at work and at home, RealTime speakers shared their ideas about the state of business, the power of people, and the future of innovation. Here are 25 of the smartest insights that we took away from the event.</p>
<p><strong>1. Audit Your Company Cultures</strong><br />
<strong>2. Informed People Don&#8217;t Fear Change</strong><br />
<strong>3. Beware &#8220;Aspirational Accounting&#8221;</strong><br />
<strong>4. Empower Your People &#8212; Turn Them Loose</strong><br />
<strong>5. Prevent Erosion of Human Assets</strong><br />
<strong>6. Be Generous With What You Know</strong><br />
<strong>7. Expand Your Roster</strong><br />
<strong>8. Don&#8217;t Judge a Man by the Size of His Wallet</strong><br />
<strong>9. Harness Your Skills for Good</strong><br />
<strong>10. Groom Your People for Success</strong><br />
<strong>11. Promote Brand Awareness Throughout Your Enterprise</strong><br />
<strong>12. Embrace Imperfection &#8212; Fast!</strong><br />
<strong>13. Don&#8217;t Let the Venture Capitalists Get You Down</strong><br />
<strong>14. Allow Yourself to Dream</strong><br />
<strong>15. Increase Your Net Worth</strong><br />
<strong>16. Use Every Teachable Moment</strong><br />
<strong>17. Shine Some Hope</strong><br />
<strong>18. Set a New Standard of Performance</strong><br />
<strong>19. Laugh at Yourself</strong><br />
<strong>20. Get Up, Stand Up</strong><br />
<strong>21. Stop Whining &#8212; Start Seeking</strong><br />
<strong>22. Leaders: Move It or Lose It</strong><br />
<strong>23. Be Honest</strong><br />
<strong>24. Don&#8217;t Stretch This Rule</strong><br />
<strong>25. What&#8217;s Your Bottom Line?</strong></p>
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		<title>Worldwide Health Initiatives by Gates Foundation</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/03/110801199130487963/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/03/110801199130487963/#comments</comments>
		<pubDate>Sat, 05 Mar 2005 04:06:31 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=41</guid>
		<description><![CDATA[Economist.com &#124; Global health
The world&#8217;s richest charity confronts the health of the world&#8217;s poorest people
&#8220;THREE-QUARTERS of a billion dollars is a lot of almost anybody&#8217;s money. Almost anybody, that is, except Bill Gates. Even for him, though, it is more than small change. And that is the size of the donation announced on January 24th [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.economist.com/science/displayStory.cfm?story_id=3598720">Economist.com | Global health</a></p>
<p><strong>The world&#8217;s richest charity confronts the health of the world&#8217;s poorest people</strong></p>
<p>&#8220;THREE-QUARTERS of a billion dollars is a lot of almost anybody&#8217;s money. Almost anybody, that is, except Bill Gates. Even for him, though, it is more than small change. And that is the size of the donation announced on January 24th by the foundation that bears his name and that of Melinda, his wife. The money is going to the Global Alliance for Vaccines and Immunisation (GAVI).</p>
<p>The Gates foundation is the richest charity in the world. Its endowment is worth $28 billion. Its annual income is that of a small country. And its founders are on a mission. The more modest parts of that mission are to improve America&#8217;s schools and libraries and to benefit Mr Gates&#8217;s native region of the Pacific Northwest (charity, after all, begins at home). The most ambitious part, though, is to free the worldâ€”and, in particular, those regions of it that are poorâ€”of ill health.&#8221;</p>
<p>Truly a noble undertaking.  I was surprised to read this in an article after the tragic Asian Tsunami.  An estimated 150,000 children in Africa die each month from malaria, he said.&#8221;We have the world&#8217;s eyes focused on the tsunami of the Indian Ocean, but the world continues to overlook the silent tsunamis of deaths from malaria which take every month the number of people that died in the&#8230; (Daily Herald)</p>
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		<title>Howard Dean to Lead DNC</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110835815730108463/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110835815730108463/#comments</comments>
		<pubDate>Mon, 14 Feb 2005 04:15:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=40</guid>
		<description><![CDATA[Democratic National Committee
Howard Dean takes the helm of the DNC amid much speculation.  Here is his message along with a few other opions.
&#8220;A message from Chairman Dean
Today your representatives elected new Party leadership. But more importantly they endorsed the idea that our Party must always be led by the people â€” because your participation [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.democrats.org/index2.html">Democratic National Committee</a></p>
<p>Howard Dean takes the helm of the DNC amid much speculation.  Here is his message along with a few other opions.</p>
<p>&#8220;A message from Chairman Dean</p>
<p>Today your representatives elected new Party leadership. But more importantly they endorsed the idea that our Party must always be led by the people â€” because your participation makes the Democratic Party a powerful force for change.</p>
<p>Our success depends on every single one of us taking responsibility for our Party&#8217;s future. We have to commit to an active role in the political process. And we have to grow the Democratic Party in every single state so we can protect the values that bring our Party â€” and the vast majority of Americans â€” together.</p>
<p>We have new leadership and new energy. And thanks to your hard work and Terry McAuliffe&#8217;s solid leadership we have enormous opportunities.</p>
<p>Please read my plan for our Party â€” and send me a note about yours. Together our work will make our Party stronger. Thank you. Chairman Howard Dean&#8221;</p>
<p><a href="http://www.economist.com/World/na/displayStory.cfm?story_id=3646089">Economist.com | Lexington</a></p>
<p>&#8220;<strong>How on earth did it happen?<br />
</strong><br />
BACK in 2003, with Howard Dean way ahead of the pack in the race for the Democratic presidential nomination, the cover of the conservative National Review pleaded â€œPlease, nominate this manâ€. The Democratic caucus-goers of Iowa were sensible enough to ignore this advice, consigning Mr Dean to third place. Earlier this month, with Mr Dean once again way ahead of the pack, this time in the race for the chairmanship of the Democratic Party, the National Review tried again: â€œPretty pleaseâ€. Yet on Saturday the Democratic National Committee is almost certain to elect Screamin&#8217; Howard as its new chairman.</p>
<p>This is an extraordinary turn of events, particularly for Bill Clinton and pragmatic New Democrats. Five years ago the Democratic Party was so firmly in the grip of those oh-so-sensible types that Jesse Jackson, the chief screamer of the time, pronounced himself a â€œNew Democratâ€. The Dean chairmanship shows how little Mr Clinton actually managed to change his party. The fact that Mr Dean is replacing Mr Clinton&#8217;s lapdog, Terry McAuliffe, makes this even clearer.</p>
<p><a href="http://www.cnn.com/2005/ALLPOLITICS/02/12/dean.dems/">Dean named Democratic Party chief<br />
Former presidential candidate rips Bush&#8217;s plans for America</a></p>
<p>&#8220;WASHINGTON (CNN) &#8212; Former Vermont Gov. Howard Dean took the helm of the Democratic National Committee on Saturday, vowing, &#8216;Today will be the beginning of the re-emergence of the Democratic Party.&#8217;</p>
<p>Dean, 56, won the chairmanship on a voice vote of the 447-member committee after six other candidates dropped out in recent weeks.</p>
<p>He immediately laid out his vision for rebuilding a party clobbered in recent elections, leaving it out of power in the White House, both chambers of Congress, and a majority of governorships.</p>
<p>&#8216;Republicans wandered around in the political wilderness for 40 years before they took back Congress.</p>
<p>&#8216;But the reason that we lost control is because we forgot why we were entrusted with that control in the first place,&#8217; Dean said in his acceptance speech.</p>
<p>&#8216;The American people cannot afford to wait for 40 more years for us to put Washington back to work for them.&#8217;</p>
<p>&#8216;It won&#8217;t take us that long &#8212; not if we stand up for what we believe in, organize at the local level, and recognize that strength does not come from the consultants down. It comes from the grass roots up.&#8217;&#8221;</p>
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		<title>North Korea Concerns Increase</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110835621200297181/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110835621200297181/#comments</comments>
		<pubDate>Mon, 14 Feb 2005 03:43:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[International Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=39</guid>
		<description><![CDATA[Yahoo! News &#8211; North Korea Boasts It Has Nuclear Weapons
As North Korea announces its possession of nuclear weapons, various experts discuss the evidence.
Economist.com &#124; Dealing with North Korea
&#8220;Tests by Americaâ€™s Department of Energy have convinced American officials that North Korea may well have supplied the uranium hexafluoride gasâ€”partly-processed uranium which can be spun in centrifuge [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://story.news.yahoo.com/news?tmpl=story2&#038;u=/ap/20050210/ap_on_re_as/nkorea_nuclear">Yahoo! News &#8211; North Korea Boasts It Has Nuclear Weapons</a></p>
<p>As North Korea announces its possession of nuclear weapons, various experts discuss the evidence.</p>
<p><a href="http://www.economist.com/agenda/displayStory.cfm?story_id=3651863">Economist.com | Dealing with North Korea</a></p>
<p>&#8220;Tests by Americaâ€™s Department of Energy have convinced American officials that North Korea may well have supplied the uranium hexafluoride gasâ€”partly-processed uranium which can be spun in centrifuge machines to make enriched uranium for either civilian or military usesâ€”that Libya turned over to inspectors a year ago when it abandoned its once secret nuclear-weapons programme. The evidence is not irrefutable, but the conclusion is also based on traces of plutonium found on the canisters concerned, as well as a third piece of evidence not so far made public. Earlier this month, America put its case to China, South Korea and Japanâ€”possibly the real reason for Mr Kimâ€™s latest tantrum. If the analysis is correct, it puts North Korea just one step away from one of the Bush administrationâ€™s red lines: the export of weapons-useable material itself.</p>
<p>Until recently, Chinese officials in particular had expressed scepticism that North Korea even had a uranium-enrichment programme. They and others have wanted America to focus on North Koreaâ€™s known plutonium-making. America accepts that North Korea has probably finished extracting the plutonium (enough for half a dozen bombs) from spent fuel-rods previously stored under the 1994 deal near its nuclear reactor at Yongbyon; it will soon be able to unload more rods from the reactor for reprocessing.</p>
<p>But the idea that America should set aside its uranium concerns is given a bipartisan rebuttal in the current issue of <a href="http://www.foreignaffairs.org/20050301faresponse84214/mitchell-b-reiss-robert-gallucci/red-handed.html">Foreign Affairs by Robert Gallucci</a>, who negotiated the 1994 plutonium deal with North Korea under the Clinton administration, and Mitchell Reiss, the just departed head of policy planning in the Bush administrationâ€™s State Department. Turning a blind eye to evidence of North Koreaâ€™s enrichment work would, they argue, leave Mr Kim with a covert supply of fissile material, whether for bomb making or for export, including to terrorist groups.&#8221;</p>
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		<title>Right to Speak and a Right to Disagree</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110801356128240565/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110801356128240565/#comments</comments>
		<pubDate>Thu, 10 Feb 2005 04:32:41 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Colorado]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=38</guid>
		<description><![CDATA[Ward Churchill&#8217;s Banality of Evil
The right to free speech doesn&#8217;t mean you&#8217;re right
by Anthony LappÃ©
&#8220;The storm around Churchillâ€™s statements has many on the far left coming to his defense. As a Native American activist, he has a long record of fighting injustice (see my interview with his frequent co-author Jim Vander Wall here), and I [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.commondreams.org/views05/0204-32.htm">Ward Churchill&#8217;s Banality of Evil</a><br />
<strong>The right to free speech doesn&#8217;t mean you&#8217;re right<br />
by Anthony LappÃ©</strong></p>
<p>&#8220;The storm around Churchillâ€™s statements has many on the far left coming to his defense. As a Native American activist, he has a long record of fighting injustice (see my interview with his frequent co-author Jim Vander Wall here), and I too support his right to free speech. Ruffling feathers is what good professors do. Itâ€™s a shame that the controversy has cost him his chairmanship of the Ethnic Studies Department at Colorado (he resigned this week). Now his troubles have reached all the way to New York, where an appearance at Hamilton College was cancelled due to what administrators said were security concerns over a flood of death threats.</p>
<p>But thereâ€™s a big difference between the right to speak your mind, and being right. And I think heâ€™s dead wrong.</p>
<p>Maybe itâ€™s because I was blocks away when the towers fell. Maybe itâ€™s because Iâ€™m more of a wussy pacifist than my more radical brothers. But I cannot find it in me to find what he wrote anything other than completely reprehensible.</p>
<p>Consider the professorâ€™s twisted logic. First one has to ignore the fact that the main crime he accuses the U.S. of â€“ the embargo of Iraq under Saddam which resulted in hundreds of thousands of civilian deaths â€“ was an act of the U.S. government and was likely unpopular, as most limits on commerce are, with the financial community. Letâ€™s grant him that the bankers are complicit in Americaâ€™s global corporate domination. We can all agree on that. But where do you draw the line when it comes to doling out the professorâ€™s brand of tough justice? What about the secretaries who serve coffee to the little Eichmanns? They keep the evil system caffeinated, should they die? What if you own stock? Does earning dividends on GE mean your apartment building should be leveled with you in it? What if you keep your money at Chase or Citibank? Buy stuff at Wal-Mart? Pay federal taxes? Or better yet, what if you work for the government? Churchill himself works for a state university. He takes a paycheck from an institution that in all likelihood does military research and is probably ten times more complicit in the actual machinery of war than any junior currency trader.&#8221;</p>
<p>You can find the essay in this article, <a href="http://www.politicalgateway.com/news/read.html?id=2739">Ward Churchill&#8217;s Essay and Statement: Updated&#8230;Feb 9</a> on Bob Hoffman&#8217;s &#8220;Political Gateway&#8221; site.</p>
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		<title>Optimism in the Middle East</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110799573723266495/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110799573723266495/#comments</comments>
		<pubDate>Wed, 09 Feb 2005 23:35:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[International Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=37</guid>
		<description><![CDATA[Economist.com &#124; The Middle East peace summit:
Ariel Sharon and Mahmoud Abbas have declared an end to all hostilities after their first summit, in Sharm el-Sheikh. So, after four years of bloodshed, can the uprising be over? There is cause for optimism, though we have been here before.
â€œTHE calm which will prevail in our lands starting [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.economist.com/agenda/displayStory.cfm?story_id=3643056">Economist.com | The Middle East peace summit</a>:</p>
<p>Ariel Sharon and Mahmoud Abbas have declared an end to all hostilities after their first summit, in Sharm el-Sheikh. So, after four years of bloodshed, can the uprising be over? There is cause for optimism, though we have been here before.</p>
<p>â€œTHE calm which will prevail in our lands starting from today is the beginning of a new era,â€ declared Mahmoud Abbas after his first summit as Palestinian leader with the Israeli prime minister, Ariel Sharon. â€œFor the first time in a long time there exists in our region hope for a better future for us and our grandchildren,â€ concurred Mr Sharon. Beautiful words but, as Mr Sharon pointed out, given the failure of previous Middle East summitsâ€™ grand declarations to put an end to the bloodshed, only â€œdeeds, not wordsâ€ will achieve two states living side-by-side in peace.</p>
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		<title>Truth in Political Advertising – or not!</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792899984463978/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792899984463978/#comments</comments>
		<pubDate>Wed, 09 Feb 2005 05:03:54 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=36</guid>
		<description><![CDATA[FactCheck.org Social Security Ads: Risk or Protection?
In this the first round of what will surely be a contentious issue for the congress, FactCheck.org weighs in on the accuracy of current ads.
&#8220;A pro-Bush TV ad gets the central fact right about Social Security: by the time today&#8217;s young workers retire there are projected to be only [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.factcheck.org/article301.html">FactCheck.org Social Security Ads: Risk or Protection?</a></p>
<p>In this the first round of what will surely be a contentious issue for the congress, <a href="http://www.factcheck.org">FactCheck.org</a> weighs in on the accuracy of current ads.</p>
<p>&#8220;A pro-Bush TV ad gets the central fact right about Social Security: by the time today&#8217;s young workers retire there are projected to be only two workers paying Social Security taxes for every one person receiving Social Security Benefits. Today there are 3.3 workers per beneficiary.</p>
<p>But a different ad opposed to Bush&#8217;s efforts uses a misleading photograph. It shows wild trading in commodities like cocoa futures to depict the risk that workers could face with private Social Security accounts. Actually, what&#8217;s being proposed is not investment commodities, but in far less risky stock and bond mutual funds, which would be broadly diversified.&#8221;</p>
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		<title>Don’t blame trade for US job losses</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792776050250875/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792776050250875/#comments</comments>
		<pubDate>Wed, 09 Feb 2005 04:42:06 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=35</guid>
		<description><![CDATA[The McKinsey Quarterly

The US recession officially ended in late 2001, and ever since, despite recent gains, aggregate job creation has been extremely weakâ€”weaker even than during the &#8220;jobless recovery&#8221; that followed the 1990â€“91 recession (Exhibit 1). Contributing most to the overall number of US jobs lost since 2000 has been the manufacturing sector, which shed [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mckinseyquarterly.com/article_page.aspx?ar=1559&#038;L2=19&#038;L3=67">The McKinsey Quarterly<br />
</a></p>
<p>The US recession officially ended in late 2001, and ever since, despite recent gains, aggregate job creation has been extremely weakâ€”weaker even than during the &#8220;jobless recovery&#8221; that followed the 1990â€“91 recession (Exhibit 1). Contributing most to the overall number of US jobs lost since 2000 has been the manufacturing sector, which shed 2.85 million of them from 2000 to 2003, notwithstanding the relatively mild nature of the recent downturn in the economy as a whole.</p>
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		<title>Social Security: Some Facts</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792865984358749/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792865984358749/#comments</comments>
		<pubDate>Sun, 06 Feb 2005 04:57:23 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=34</guid>
		<description><![CDATA[NCPA &#8211; Social Security &#8211; Facts About Social Security
Social Security reform has emerged as one of the defining issues of the 2000 election, but a number of myths and half-truths have clouded the dialogue.
Fact #1: The System Is in Trouble. Social Security is structured as a pay-as-you-go system. That means today&#8217;s workers pay the benefits [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.ncpa.org/pi/congress/pd092600b.html">NCPA &#8211; Social Security &#8211; Facts About Social Security</a></p>
<p>Social Security reform has emerged as one of the defining issues of the 2000 election, but a number of myths and half-truths have clouded the dialogue.</p>
<p>Fact #1: The System Is in Trouble. Social Security is structured as a pay-as-you-go system. That means today&#8217;s workers pay the benefits for today&#8217;s retirees. In 1940, there were 42 workers per retiree; today there are three. By 2040 there will be only two (see figure). This means higher taxes for future workers.</p>
<p>Fact #2: The Social Security Trust Fund Cannot Pay Benefits. The trust fund only exists to perform a record-keeping function. Technically, it holds interest-bearing bonds that represent the accounting surplus of payroll taxes collected minus benefits paid. But the only way the Treasury can redeem them is if it first collects taxes or borrows money.</p>
<p>Fact #3: Benefits Are Not Guaranteed. In two major cases, Helvering v. Davis (1937) and Flemming v. Nestor (1960), the Supreme Court ruled that individuals have no legal claim to Social Security. As a result, Congress can reduce Social Security benefits at any time. Indeed, it already has by raising the retirement age (leading to fewer benefit checks) and imposing a special tax on benefits. Workers have no projected right in Social Security benefits simply because they have paid Social Security taxes.</p>
<p>Fact #4: Social Security Is a Poor Investment. In general, workers born before World War II paid significantly less in taxes than they will receive in benefits &#8211; and can expect a higher rate of return than subsequent generations. By contrast, baby boomers can expect a rate of return of less than 2 percent, and Generation Xers can expect less than 1 percent. Children born today can expect a rate of return from Social Security of almost zero, assuming that the program can pay full promised benefits.</p>
<p>Fact #5: Reform Works. A system that divorces us from the pay-as-you-go system, such as one with personal retirement accounts, could provide future retirees with a benefit that could provide them choice, control and security in their retirement, while protecting the government&#8217;s long-term solvency.</p>
<p>Source: Matt Moore, &#8220;Facts about Social Security,&#8221; Brief Analysis 341, September 26, 2000, National Center for Policy Analysis.</p>
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		<title>Social Security and Your Finances according to AARP</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792855610558244/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792855610558244/#comments</comments>
		<pubDate>Sat, 05 Feb 2005 04:55:44 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=33</guid>
		<description><![CDATA[The Role of Social Security in Your Financial Planning

&#8220;Fact 1: Social Security is the guaranteed part of your retirement plan.
There have been lots of questions raised about Social Security lately. And granted, it isn&#8217;t perfect. We at AARP know that it was never intended to be the sole solution to financial security in retirement. But [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.aarp.org/socialsecurity-you/Articles/a2003-03-26-ssfinancialplanning.html">The Role of Social Security in Your Financial Planning</a></p>
<p><!-- Begin article body --><!-- repeat page title --></p>
<p>&#8220;Fact 1: Social Security is the guaranteed part of your retirement plan.</p>
<p>There have been lots of questions raised about Social Security lately. And granted, it isn&#8217;t perfect. We at AARP know that it was never intended to be the sole solution to financial security in retirement. But it has been the guaranteed component of retirement. And that hasn&#8217;t changed.</p>
<p>The fact is, with no change at all, Social Security will be able to pay 100% of promised benefits that keep pace with the cost of living until the year 2042. After that, it will still be able to pay three-quarters of promised benefits.</p>
<p>Getting three-quarters wouldn&#8217;t be okay today and it won&#8217;t be fair tomorrow. At AARP, we want to be sure you reach your retirement goals. And we know that Social Security plays an important role in getting you there. Think about the role of Social Security in your own retirement planning. Then let&#8217;s start thinking about ways to fill that one quarter gap to make sure your financial security goals are within reach when you retire.</p>
<p>Fact 2: With Social Security in your retirement plan, you&#8217;re starting at about midfield.</p>
<p>Financial planning for retirement is like a football game. And you&#8217;re the one who has to go the distance and carry the ball. Only you&#8217;re not starting at zero. Thanks to the years you&#8217;ve worked, when you retire, you&#8217;re starting with about half the field already behind you.</p>
<p>That&#8217;s because Social Security isn&#8217;t based on your future prospects, but on your past performance. No matter who you are, Social Security is there for you because it&#8217;s based on your work historyâ€”and that just won&#8217;t change. Social Security promises that when you stop working, you&#8217;ll still have a guaranteed stream of income that, for most people, is about 40 percent of the pay you received when you were working.</p>
<p>One nice thing to know is that Social Security follows you wherever you go. It&#8217;s not tied to a specific job, again making it something you can count on when you retire.</p>
<p>Plus, it&#8217;s protected against inflation. Year after year, Social Security rises with the rising cost of living. And when you choose to retire, Social Security will continue to keep pace with the times, preventing erosion of your purchasing power. That&#8217;s why there&#8217;s a cost of living increase every yearâ€”so 20 years from now, you aren&#8217;t stuck trying to make up for the fact that what used to cover a mortgage doesn&#8217;t even cover a car payment.</p>
<p>You may outlive your savings, but your Social Security is always there. It gives you a safe, unshakable financial base to complement a private pension, an IRA, a 401(k), or other savings, all of which, together, put you solidly in the scoring position when you retire.</p>
<p>Fact 3: Social Security is on the sidelines, backing you up, while you&#8217;re working.</p>
<p>If you&#8217;re still working, you probably don&#8217;t realize Social Security is protecting you right now. Thanks to Social Security, you have disability and survivor insurance for you and your family. No one likes to think about the unexpected realities life can bring, but we all know bad things can happen to good people. In the event of a worker&#8217;s death or disability, Social Security is there to step in and provide for that worker and his or her family.</p>
<p>With Social Security, you&#8217;re that much closer to your goals and that much more secure. Today. And every day.&#8221;</p>
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		<title>A Plan for Reforming Social Security</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792831828217902/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792831828217902/#comments</comments>
		<pubDate>Sat, 05 Feb 2005 04:51:48 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=32</guid>
		<description><![CDATA[The 6.2 Percent Solution: A Plan for Reforming Social Security:
&#8220;For the past several years there has been a growing consensus about the need to reform Social Security. Now, however, the debate has advanced to the point where it becomes important to move beyond generalities and provide specific proposals for transforming Social Security to a system [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.socialsecurity.org/pubs/ssps/ssp-32es.html">The 6.2 Percent Solution: A Plan for Reforming Social Security</a>:</p>
<p>&#8220;For the past several years there has been a growing consensus about the need to reform Social Security. Now, however, the debate has advanced to the point where it becomes important to move beyond generalities and provide specific proposals for transforming Social Security to a system of individual accounts. The Cato Project on Social Security Choice, therefore, has developed a proposal to give workers ownership of and control over their retirement funds.</p>
<p>Under this proposal:</p>
<p>* Individuals would be allowed to divert their half (6.2 percentage points) of the payroll tax to individually owned, privately invested accounts. Those who chose to do so would agree to forgo all future accrual of retirement benefits under the traditional Social Security system.<br />
* The remaining 6.2 percentage points of payroll taxes would be used to pay transition costs and to fund disability and survivors&#8217; benefits.<br />
* Workers who chose the individual account option would receive a &#8216;recognition bond&#8217; based on the accrued value of their lifetimeto- date benefits. Those bonds, redeemable at the worker&#8217;s retirement, would be fully tradable in secondary markets.<br />
* Those who wished to remain in the traditional Social Security system would be free to do so, accepting a level of benefits payable with the current level of revenue.&#8221;</p>
<p>The full text of the argument Tanner makes for this proposal can be found in<br />
<a href="http://www.socialsecurity.org/pubs/ssps/ssp32.pdf">SSP No. 32.</a></p>
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		<title>Managing next-generation IT infrastructure</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792780715299005/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792780715299005/#comments</comments>
		<pubDate>Thu, 03 Feb 2005 23:43:05 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=31</guid>
		<description><![CDATA[The McKinsey Quarterly

In recent years, companies have worked hard to reduce the cost of the IT infrastructureâ€”the data centers, networks, databases, and software tools that support businesses. These efforts to consolidate, standardize, and streamline assets, technologies, and processes have delivered major savings. Yet even the most effective cost-cutting program eventually hits a wall: the complexity [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mckinseyquarterly.com/article_page.aspx?ar=1575&#038;L2=13&#038;L3=13">The McKinsey Quarterly<br />
</a></p>
<p>In recent years, companies have worked hard to reduce the cost of the IT infrastructureâ€”the data centers, networks, databases, and software tools that support businesses. These efforts to consolidate, standardize, and streamline assets, technologies, and processes have delivered major savings. Yet even the most effective cost-cutting program eventually hits a wall: the complexity of the infrastructure itself.</p>
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		<title>Facts Don’t Line up for Bush or MoveOn</title>
		<link>http://dwaynenesmith.com/blog/archives/2005/02/110792975744819339/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2005/02/110792975744819339/#comments</comments>
		<pubDate>Thu, 03 Feb 2005 05:15:29 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=30</guid>
		<description><![CDATA[FactCheck.org Bush&#8217;s State of the Union: Social Security &#8220;Bankruptcy?&#8221;:
FactCheck.org MoveOn.org Social Security Ad
The folks at FactCheck.org are equally critical of Bush&#8217;s use of agressive projections and language as he pushed his plan to revamp Social Security in his State of the Union address and MoveOn.org&#8217;s use of false claims regarding cuts in benefit payments.
&#8220;In his [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.factcheck.org/article305.html">FactCheck.org Bush&#8217;s State of the Union: Social Security &#8220;Bankruptcy?&#8221;</a>:</p>
<p><a href="http://www.factcheck.org/article303.html">FactCheck.org MoveOn.org Social Security Ad</a></p>
<p>The folks at <a href="http://www.factcheck.org/">FactCheck.org</a> are equally critical of Bush&#8217;s use of agressive projections and language as he pushed his plan to revamp Social Security in his State of the Union address and MoveOn.org&#8217;s use of false claims regarding cuts in benefit payments.</p>
<p>&#8220;In his State of the Union Address, President Bush said again that the Social Security system is headed for &#8216;bankruptcy,&#8217; a term that could give the wrong idea. Actually, even if it goes &#8216;bankrupt&#8217; a few decades from now, the system would still be able to pay about three-quarters of the benefits now promised.</p>
<p>Bush also made his proposed private Social Security accounts sound like a sure thing, which they are not. He said they &#8216;will&#8217; grow fast enough to provide a better return than the present system. History suggests that will be so, but nobody can predict what stock and bond markets will do in the future.&#8221;</p>
<p>Moveon.org<br />
&#8220;MoveOn.org launched a false TV ad in the districts of several House members, claiming through images and words that President Bush plans to cut Social Security benefits nearly in half. Showing white-haired workers lifting boxes, mopping floors, shoveling and laundering, the ad says &#8216;it won&#8217;t be long before America introduces the working retirement.&#8217;&#8221;</p>
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		<title>Do the Pharma Business Models Add Up?</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/05/107107841569180294/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/05/107107841569180294/#comments</comments>
		<pubDate>Sun, 30 May 2004 19:27:51 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Pharmaceuticals]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=29</guid>
		<description><![CDATA[Do Pharmaceutical Companies Have an Effective Business Models?
Has the Pharmaceutical Blockbuster Model Gone Bust?
Bain &#038; Company Press Release 12/8/2003
Rebuilding Big Pharma&#8217;s Business Model
In Vivo 11/1/2003
by James Gilbert, Preston Henske and Ashish Singh
The blockbuster business model that underpinned Big Pharma&#8217;s success is now irreparably broken. The industry needs a new approach.
]]></description>
			<content:encoded><![CDATA[<p><strong>Do Pharmaceutical Companies Have an Effective Business Models?</strong></p>
<p><a href="http://www.bain.com/bainweb/publications/publications_detail.asp?id=14243&#038;menu_url=publications%5Fresults%2Easp">Has the Pharmaceutical Blockbuster Model Gone Bust?<br />
Bain &#038; Company Press Release 12/8/2003</a></p>
<p><a href="http://www.bain.com/bainweb/PDFs/cms/Marketing/rebuilding_big_pharma.pdf">Rebuilding Big Pharma&#8217;s Business Model<br />
In Vivo 11/1/2003<br />
by James Gilbert, Preston Henske and Ashish Singh</a><br />
The blockbuster business model that underpinned Big Pharma&#8217;s success is now irreparably broken. The industry needs a new approach.</p>
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		<title>2004 IT Spending Trends</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/02/107101843532865793/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/02/107101843532865793/#comments</comments>
		<pubDate>Sun, 22 Feb 2004 19:26:12 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=28</guid>
		<description><![CDATA[IT investment trends for 2004 via a few key articles.
CIOs Still Have A Cautious Outlook For 2004 IT Budgets
Forrester Business Technographics
November 7, 2003
Outlook for 2004 App Budgets: Conservative Growth
Forrester Business Technographics
December 1, 2003
Tech Resurrection Will Be Accompanied by Significant Structural Change, According to IDC Predictions 2004
09 Dec 2003
See full report. Registration is required.
Gartner Sees IT [...]]]></description>
			<content:encoded><![CDATA[<p>IT investment trends for 2004 via a few key articles.</p>
<p><a href="http://www.forrester.com/ER/Research/Brief/0,1317,33092,FF.html">CIOs Still Have A Cautious Outlook For 2004 IT Budgets<br />
Forrester Business Technographics<br />
November 7, 2003</a></p>
<p><a href="http://www.forrester.com/ER/Research/Brief/0,1317,33215,FF.html">Outlook for 2004 App Budgets: Conservative Growth<br />
Forrester Business Technographics<br />
December 1, 2003</a></p>
<p><a href="http://www.idc.com/getdoc.jhtml;jsessionid=GAOXH3JZBO5NKCTFA4FSFFAKMUDYUIWD?containerId=pr2003_12_03_204922">Tech Resurrection Will Be Accompanied by Significant Structural Change, According to IDC Predictions 2004<br />
09 Dec 2003</a><br />
<a href="http://www.idc.com/getdoc.jhtml?containerId=30499&#038;pageType=PRINTFRIENDLY">See full report. Registration is required.</a></p>
<p><a href="http://itmanagement.earthweb.com/career/article.php/3107151">Gartner Sees IT Spending Rebound<br />
November 11, 2003<br />
By Roy Mark</a></p>
<p><a href="http://www.computerworld.com/managementtopics/management/itspending/story/0,10801,87618,00.html">Some IT Purse Strings May Be Loosened Next Year<br />
DECEMBER 01, 2003 ( COMPUTERWORLD )</a></p>
<p><a href="http://www.siia.net/sharedcontent/press/2003/10-28-03.html">IT Spending to Rebound in Early 2004, Says SIIA Survey; Web services, Security, Wireless to Benefit from Recovery </a></p>
<p><a href="http://www.siia.net/divisions/software/pubs/TechnologySpendingSurvey2003.pdf">SIIA Technology Spending Horizons Survey<br />
October 2003<br />
Acrobat</a></p>
<p><a href="http://news.bbc.co.uk/2/hi/business/3210052.stm">Tech spending &#8216;to surge in 2004&#8242;<br />
BBC</a></p>
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		<title>Productivity Improvements Come in Many Shapes</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/02/productivity-improvements-come-in-many-shapes/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/02/productivity-improvements-come-in-many-shapes/#comments</comments>
		<pubDate>Wed, 18 Feb 2004 20:31:49 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=27</guid>
		<description><![CDATA[and on the whole they are all a good thing.  The NY Times had an interesting article in the most recent Week in Review, titled The Bright Side of Sending Jobs Overseas.  The article takes a hard look at the current political rhetoric around the transfer of jobs outside the US and throws [...]]]></description>
			<content:encoded><![CDATA[<p>and on the whole they are all a good thing.  <a href="http://www.nytimes.com">The NY Times</a> had an interesting article in the most recent Week in Review, titled <a href="http://www.nytimes.com/2004/02/15/weekinreview/15porter.html">The Bright Side of Sending Jobs Overseas</a>.  The article takes a hard look at the current political rhetoric around the transfer of jobs outside the US and throws a lot of cold water on it.  Economists from both sides of the aisle are in agreement that productivity improvements are good for the long term health of our economy.  This includes the movement of jobs offshore where they can be done cheaper.  The politicians would have us believe the loss in jobs over the last 3 years primarily went to lower cost locations, but the facts do not support this.  In the 1990s the movement of jobs to offshore locations happened at a much faster pace that it is today and the US increased jobs.  From 1999 to 2003, business and financial services added 600,000 jobs in the US while researchers argue this area is prime for offshore outsourcing.  Computer and mathematical occupations added 150,000 in another area considered to be ideal for moving offshore. Many jobs moving offshore could just as easily be lost to automation.</p>
<p>Let&#8217;s face the facts.  Productivity improvements displace workers.  In the US, in Europe and around the world the displacement of workers will continue.  It will even accelerate.  The issue is not should you prevent this or slow it down, it is how do you best deal with the postive and negative effects of this.<br />
We should not be talking protectionism but agresively preparing to train employees for a career of change.  We can no longer expect career changes to evolve over several generations but must prepare for the reality that many workers will need to learn new skills in order to take advantage of the effects of global trade.</p>
<p>We should not be talking protectionism but building free and fair trade across the globe.  The economies and lives of those trading with us should and will improve.</p>
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		<title>NVCA Model Financing Documents</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/02/nvca-model-financing-documents/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/02/nvca-model-financing-documents/#comments</comments>
		<pubDate>Thu, 12 Feb 2004 03:15:57 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=26</guid>
		<description><![CDATA[The National Venture Capital Association has prepared this set of model legal documents:
Term Sheet
Stock Purchase Agreement
Certificate of Incorporation
Investor Rights Agreement
Voting Agreement
Right of First Refusal and Co-Sale Agreement
Management Rights Letter
Model Opinion Letter
Model Indemnification Agreement
According to the site, &#8220;the model documents aim to:
reflect industry norms
be fair, biased toward neither the VC nor the entrepreneur, consistent with industry [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://www.nvca.com/">National Venture Capital Association</a> has prepared this set of model legal documents:</p>
<p>Term Sheet<br />
Stock Purchase Agreement<br />
Certificate of Incorporation<br />
Investor Rights Agreement<br />
Voting Agreement<br />
Right of First Refusal and Co-Sale Agreement<br />
Management Rights Letter<br />
Model Opinion Letter<br />
Model Indemnification Agreement</p>
<p>According to the site, &#8220;the model documents aim to:</p>
<p>reflect industry norms</p>
<p>be fair, biased toward neither the VC nor the entrepreneur, consistent with industry norms</p>
<p>present a range of â€œtypically seenâ€ options (again, consistent with industry norms)&#8221;</p>
<p>include explanatory commentary where necessary or helpful&#8221;</p>
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		<title>David Galbraith’s weblog aggregator wishlist</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/02/david-galbraiths-weblog-aggregator-wishlist/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/02/david-galbraiths-weblog-aggregator-wishlist/#comments</comments>
		<pubDate>Mon, 02 Feb 2004 18:29:27 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Publishing]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=25</guid>
		<description><![CDATA[My aggregator top ten wishlist items:
1. Search
2. Ability to pick a selection of blogs from a limited list of categories, not too many &#8211; prob like Google news.
3. Ability to do scoped search within these categories.
4. &#8216;More like this&#8217; recommendations.
5. &#8216;People who linked to this blog&#8217; button beneath selections.
6. &#8216;People this blog links to&#8217; button [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.davidgalbraith.org/archives/000582.html#000582">My aggregator top ten wishlist items:</a><br />
1. Search</p>
<p>2. Ability to pick a selection of blogs from a limited list of categories, not too many &#8211; prob like Google news.</p>
<p>3. Ability to do scoped search within these categories.</p>
<p>4. &#8216;More like this&#8217; recommendations.</p>
<p>5. &#8216;People who linked to this blog&#8217; button beneath selections.</p>
<p>6. &#8216;People this blog links to&#8217; button beneath selctions (blogroll plus contextual)</p>
<p>7. Browseable list of blogs ranked alphabetically or by popularity or by rate of increase in popularity in addition to category lists above.</p>
<p>8. Ability to view other usersâ€™ public lists of blogs and to clone and modify their lists to add to mine.</p>
<p>9. OPML and javascript export of part or all of my list as a blogroll.</p>
<p>10. Installable browser component that takes my list and makes it like a bookmark list, but with one key difference, it shows the number of new items in parentheses next to the bookmark.</p>
<p>Overall I want something that looks like iTunes Music Store but for blogs.</p>
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		<title>Outsourcing, Increased IT Spending and New Technology</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/outsourcing-increased-it-spending-and-new-technology/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/outsourcing-increased-it-spending-and-new-technology/#comments</comments>
		<pubDate>Fri, 30 Jan 2004 20:41:00 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=24</guid>
		<description><![CDATA[Here are a few of my own observations:
â€¢ OUTSOURCING Â·  It looks like a hit-or-miss business but every company wants to do it.  The key for the provider is getting to scale quickly enough to be able to provide services superior to in-house folks at a cost effective price.  Also the expertise [...]]]></description>
			<content:encoded><![CDATA[<p>Here are a few of my own observations:</p>
<p>â€¢ OUTSOURCING Â·  It looks like a hit-or-miss business but every company wants to do it.  The key for the provider is getting to scale quickly enough to be able to provide services superior to in-house folks at a cost effective price.  Also the expertise needs to be the biggest differentiator.  Its all the same model as Law Firms, CPA&#8217;s etc&#8230; and it was the same with Viant.  Like any other product or service, you need to differentiate on Cost or Quality &#8230; you either need to manage/train/hire a workforce in a &#8220;LCR&#8221; or low-cost region (China, India, Mexico) or have in-house expertise that business can&#8217;t develop cheaply on their own.</p>
<p>â€¢ INCREASED IT SPENDING Â·  I&#8217;ve heard a lot of chatter about it in the press, but I didn&#8217;t start seeing it until last quarter when orders started coming in and folks started complaining about being swamped.  But that&#8217;s just a microscopic view &#8230;  will it last? will it improve?  It&#8217;s anybody&#8217;s guess and there are a lot of things that could change it:  world events ( Terrorism, Iraq, Afghan, SARS); the Fed (raising rates); and the election.</p>
<p>â€¢ NEW TECHNOLOGY Â· There&#8217;s a lot of buzz about Nanotechnology these days but I think it needs a &#8220;killer app&#8221; to get everyone to spend money on it.  I don&#8217;t know anything about how to get into it but its something that offers the promise of disruptive technology (like computers, the internet, biotech).</p>
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		<title>The Value of Offshoring</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/107120042341772843/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/107120042341772843/#comments</comments>
		<pubDate>Fri, 30 Jan 2004 19:25:43 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[International Politics]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=23</guid>
		<description><![CDATA[Offshoring &#8211; Relocating the back office
Dec 11th 2003 From The Economist print edition
The Organizational Implications of Offshore Outsourcing
24 October 2003
Diane Morello 
Acrobat Version
Offshoring: Is it a Win-Win Game?
McKinsey Global Institute
August, 2003
The Irony of Outsourcing
By Kevin Laws on November 18, 2003 09:03 PM supports the argument that economic activity flowing to the most efficient provider creates [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.economist.com/business/displayStory.cfm?story_id=2282381">Offshoring &#8211; Relocating the back office<br />
Dec 11th 2003 From The Economist print edition</a></p>
<p><a href="http://www4.gartner.com/DisplayDocument?id=413700">The Organizational Implications of Offshore Outsourcing<br />
24 October 2003<br />
Diane Morello </a><br />
<a href="http://www4.gartner.com/reces/118100/118136/118136.pdf">Acrobat Version</a></p>
<p><a href="http://www.mckinsey.com/knowledge/mgi/reports/pdfs/offshore/Offshoring_MGI_Perspective.pdf">Offshoring: Is it a Win-Win Game?<br />
McKinsey Global Institute<br />
August, 2003</a></p>
<p><a href="http://www.ventureblog.com/articles/indiv/2003/000208.html">The Irony of Outsourcing<br />
By Kevin Laws on November 18, 2003 09:03 PM</a> supports the argument that economic activity flowing to the most efficient provider creates the greatest total value and in the long run the greatest value for each country involved. He points out the engineers who &#8220;thought&#8221; manufacturing workers out of jobs are now seeing their own jobs reduced and sent offshore.</p>
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		<title>Reforming Healthcare: Cost vs. Price</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/reforming-healthcare-cost-vs-price/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/reforming-healthcare-cost-vs-price/#comments</comments>
		<pubDate>Fri, 23 Jan 2004 18:19:54 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=22</guid>
		<description><![CDATA[This posting by Kevin Brancato suggest that our view of healthcare cost in the US is distorted.  While the data seems to lead to the conclusion that we&#8217;re buying much more healthcare at sky-high prices, economists doubt the validity and applicability of the offical data because it does not appropriately adjust for quality.
]]></description>
			<content:encoded><![CDATA[<p>This <a href="http://www.truckandbarter.com/2004_01_01_truckandbarter_archive.html#107471936481667607">posting by Kevin Brancato </a>suggest that our view of healthcare cost in the US is distorted.  While the data seems to lead to the conclusion that we&#8217;re buying much more healthcare at sky-high prices, economists doubt the validity and applicability of the offical data because it does not appropriately adjust for quality.</p>
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		<title>Corporate Social Responsibility</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/corporate-social-responsibility/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/corporate-social-responsibility/#comments</comments>
		<pubDate>Fri, 23 Jan 2004 17:31:06 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Ethics]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=21</guid>
		<description><![CDATA[BusinessPundit talks about this movement which according to The Economist is
One of the biggest corporate fads of the 1990sâ€”less overpowering, no doubt, than dotcom mania, but also longer-livedâ€”was the flowering of â€œcorporate social responsibilityâ€ (CSR). The idea that it is not enough for firms to make money for their owners is one that you might [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.businesspundit.com/archives/001062.html">BusinessPundit talks about this movement </a>which according to <em><a href="http://www.economist.com/business/displayStory.cfm?story_id=2369912">The Economist</a></em> is<br />
<em>One of the biggest corporate fads of the 1990sâ€”less overpowering, no doubt, than dotcom mania, but also longer-livedâ€”was the flowering of â€œcorporate social responsibilityâ€ (CSR). The idea that it is not enough for firms to make money for their owners is one that you might expect to be an article of faith among anti-globalists and eco-warriors. Many bosses now share, or say they share, the same conviction.</em></p>
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		<title>10 Emerging Technologies That Will Change Your World</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/10-emerging-technologies-that-will-change-your-world/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/10-emerging-technologies-that-will-change-your-world/#comments</comments>
		<pubDate>Fri, 23 Jan 2004 15:13:09 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Biotechnology]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=20</guid>
		<description><![CDATA[Technology Review unveils its annual selection of hot new technologies about to affect our lives in revolutionary waysâ€”and profiles the innovators behind them.
Universal Translation
Synthetic Biology
Nanowires
Bayesian Machine Learning
T-Rays
Distributed Storage
RNA Interference
Power Grid Control
Microfluidic Optical Fibers
Personal Genomics
]]></description>
			<content:encoded><![CDATA[<p>Technology Review unveils its <a href="http://www.techreview.com/articles/emerging0204.asp">annual selection of hot new technologies </a>about to affect our lives in revolutionary waysâ€”and profiles the innovators behind them.</p>
<p>Universal Translation<br />
Synthetic Biology<br />
Nanowires<br />
Bayesian Machine Learning<br />
T-Rays<br />
Distributed Storage<br />
RNA Interference<br />
Power Grid Control<br />
Microfluidic Optical Fibers<br />
Personal Genomics</p>
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		<title>Misunderstanding the Internet</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/misunderstanding-the-internet/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/misunderstanding-the-internet/#comments</comments>
		<pubDate>Fri, 23 Jan 2004 14:38:21 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[USA Politics]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=19</guid>
		<description><![CDATA[TM Lutas provides an alternative economic analysis of the Internet to those provided by Adam Thierer at Cato, Howard Dean&#8217;s Principles for an Internet Policy, David Weinberger&#8217;s analysis of the Cato article, and Lawrence Lessig&#8217;s commentary on same.
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			<content:encoded><![CDATA[<p>TM Lutas provides an alternative <a href="http://www.snappingturtle.net/jmc/tmblog/archives/003483.html">economic analysis of the Internet</a> to those provided by Adam Thierer at Cato, Howard Dean&#8217;s Principles for an Internet Policy, David Weinberger&#8217;s analysis of the Cato article, and Lawrence Lessig&#8217;s commentary on same.</p>
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		<title>Line56: 2003 In Review</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/line56-2003-in-review/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/line56-2003-in-review/#comments</comments>
		<pubDate>Fri, 16 Jan 2004 21:37:14 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=18</guid>
		<description><![CDATA[The top 12 topics of interest to our readers in 2003 as seen by the editors of Portals Magazine:
1. Consolidation
2. Outsourcing
3. Mid-Market Grind
4. Portals
5. Integration Evolves
6. Supply Chain Gains
7. BI/Analytics
8. CRM Crossroads
9. Offshore
10. IT meets Business
11. RFID
12. Business Process Management
]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://www.portalsmag.com/articles/default.asp?ArticleID=5264&#038;TopicID=7">top 12 topics of interest to our readers in 2003 </a>as seen by the editors of Portals Magazine:</p>
<p>1. Consolidation<br />
2. Outsourcing<br />
3. Mid-Market Grind<br />
4. Portals<br />
5. Integration Evolves<br />
6. Supply Chain Gains<br />
7. BI/Analytics<br />
8. CRM Crossroads<br />
9. Offshore<br />
10. IT meets Business<br />
11. RFID<br />
12. Business Process Management</p>
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		<title>Top Internet Trends for 2004</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/top-internet-trends-for-2004/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/top-internet-trends-for-2004/#comments</comments>
		<pubDate>Wed, 14 Jan 2004 22:22:43 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=17</guid>
		<description><![CDATA[Rob Greenlee, Host WebTalk Radio, predicts:
1.        The decline of the web browser usage on the desktop as a way   to get to web content
2.        The growth of Internet applications â€“ the executable Internet
3.       [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.webtalkradio.com/10604.shtml">Rob Greenlee, Host WebTalk Radio,</a> predicts:<br />
1.        The decline of the web browser usage on the desktop as a way   to get to web content<br />
2.        The growth of Internet applications â€“ the executable Internet<br />
3.        All things wireless<br />
4.        Digital media enters the living room<br />
5.        Professional journalistic weblogs are syndicated through RSS<br />
6.        Microsoft mobile platforms<br />
7.        Voice over IP (VoIP) makes mainstream calls<br />
8.        Internet radio growth and revenue<br />
9.        Online search extends beyond web<br />
10.      How online popularity is creating world wide celebrities</p>
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		<title>Blogging for Corporate Intelligence</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/blogging-for-corporate-intelligence/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/blogging-for-corporate-intelligence/#comments</comments>
		<pubDate>Wed, 14 Jan 2004 20:29:22 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=16</guid>
		<description><![CDATA[Stephen Downes in his predictions for 2004 suggest that a form of &#8220;non-blog blogging&#8221; will begin to emerge.  He describes this as a way to tap into the views and opinions held by the vast majority of people who will not write publicly.
Downes also predicts that 2004 will be the year of personalization.  [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.downes.ca/cgi-bin/website/view.cgi?dbs=Article&#038;key=1072826566">Stephen Downes</a> in his predictions for 2004 suggest that a form of &#8220;non-blog blogging&#8221; will begin to emerge.  He describes this as a way to tap into the views and opinions held by the vast majority of people who will not write publicly.</p>
<p>Downes also predicts that 2004 will be the year of personalization.  He focuses this personalization around topic based feeds, which deliver only the content that is of interest to that user.</p>
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		<title>Seeking the Unconventional Accurate Prediction</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/seeking-the-unconventional-accurate-prediction/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/seeking-the-unconventional-accurate-prediction/#comments</comments>
		<pubDate>Wed, 14 Jan 2004 19:26:52 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Venture Capital]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=15</guid>
		<description><![CDATA[Bill Gurley outlines the future trends in VC investing via the ever present 2 x 2 matrix (Accurate vs. Inaccurate x Conventional vs. Non-conventional).  Of course, we can all agree that inaccurate predictions are worthless.  Gurley suggests the Conventional/Accurate predictions are also worth very little.  The market prices the high expectations into [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.alwayson-network.com/comments.php?id=2398_0_6_0_C">Bill Gurley</a> outlines the future trends in VC investing via the ever present 2 x 2 matrix (Accurate vs. Inaccurate x Conventional vs. Non-conventional).  Of course, we can all agree that inaccurate predictions are worthless.  Gurley suggests the Conventional/Accurate predictions are also worth very little.  The market prices the high expectations into a marketable security while the early stage investors fund too many companies for the market.</p>
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		<title>Open Source Meets Presidential Elections</title>
		<link>http://dwaynenesmith.com/blog/archives/2004/01/107273254825340100/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2004/01/107273254825340100/#comments</comments>
		<pubDate>Tue, 13 Jan 2004 03:48:30 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Publishing]]></category>
		<category><![CDATA[USA Politics]]></category>

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		<description><![CDATA[Clark TechCorps &#8211; Political Action through Open Source Technology 
Clark was relatively quick to allow the digital literate to contribute what they may, after the national newspapers covered what the Dean campaign was doing.  Will it matter?
We&#8217;re glad today to announce Clark TechCorps, a technology community initiative to pioneer the development of open source [...]]]></description>
			<content:encoded><![CDATA[<p><strong><a href="http://investmenttrends.blogspot.com/2004_01_11_investmenttrends_archive.html#107273254825340100">Clark TechCorps &#8211; Political Action through Open Source Technology </a></strong><br />
Clark was relatively quick to allow the digital literate to contribute what they may, after the national newspapers covered what the Dean campaign was doing.  Will it matter?</p>
<p>We&#8217;re glad today to announce Clark TechCorps, a technology community initiative to pioneer the development of open source software for political campaigns.<br />
Through the development of open source software, TechCorps promotes both organizational transparency and core democratic principles, allowing technologists to simultaneously get involved in the Clark campaign and develop critical software for political action.</p>
<p>TechCorps encourages participation from programmers, designers, technical writers and enthusiasts.</p>
<p>In coordination with the announcement of TechCorps, the Clark Campaign will also be releasing several internal technology projects under the BSD license.</p>
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		<title>TECH TALK: 2003-04</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/107273181339275040/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/107273181339275040/#comments</comments>
		<pubDate>Mon, 29 Dec 2003 20:03:33 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

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		<description><![CDATA[ Rajesh Jain&#8217;s tech talk states,  &#8220;&#8230; I will offer my picks for the 10 technologies and trends that either showed promise, made the news and/or made a difference in 2003.&#8221;
]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.emergic.org/archives/tech_talk/index.html"> Rajesh Jain&#8217;s tech talk states, </a> &#8220;&#8230; I will offer my picks for the 10 technologies and trends that either showed promise, made the news and/or made a difference in 2003.&#8221;</p>
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		<title>25 Years of Technology</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/25-years-of-technology/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/25-years-of-technology/#comments</comments>
		<pubDate>Fri, 26 Dec 2003 02:09:35 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=12</guid>
		<description><![CDATA[SPECIAL REPORT
InfoWorld&#8217;s anniversary: 25 years of technology
A look back at technology developments in the last quarter century and predictions for the future
1979 &#8211; 1985: The Dawn of the PC
Personal computers meet the enterprise
1986 &#8211; 1995: The Networked Enterprise
LAN, Ethernet, Lotus Notes, Windows 95, and a connected workforce
1996 &#8211; 1999: The Internet Era
What a lovely bubble [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.infoworld.com/reports/49SRiw25.html">SPECIAL REPORT<br />
InfoWorld&#8217;s anniversary: 25 years of technology</a><br />
A look back at technology developments in the last quarter century and predictions for the future<br />
1979 &#8211; 1985: The Dawn of the PC<br />
Personal computers meet the enterprise</p>
<p>1986 &#8211; 1995: The Networked Enterprise<br />
LAN, Ethernet, Lotus Notes, Windows 95, and a connected workforce</p>
<p>1996 &#8211; 1999: The Internet Era<br />
What a lovely bubble it was</p>
<p>2000 &#8211; 2003: The Age of (In)Security<br />
Grappling with worms, viruses, and a devastating terrorist attack</p>
<p>Plus a look at the next 25 years.<br />
The path to pervasive computing<br />
Consumer electronics show us the way</p>
<p>Computers that mimic intelligence<br />
Do computers need &#8216;brains&#8217; to function intelligently?</p>
<p>The invisible workforce: IT in the future<br />
As IT becomes invisible, so do the workers who keep it that way</p>
<p>After silicon: Biocomputing at work<br />
Organic processes become the model for future technology</p>
<p>The visionaries<br />
IT leaders make predictions about the future</p>
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		<title>IT Services Requires Local Handholding</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/it-services-requires-local-handholding/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/it-services-requires-local-handholding/#comments</comments>
		<pubDate>Thu, 18 Dec 2003 15:15:44 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=11</guid>
		<description><![CDATA[At a time when offshore IT companies continue to post excellent results, these firms seem to confirm there is a requirement to have good solid account relationships based near the customer.  The Economist November 20, 2003 &#8220;Bangalore, Texas&#8221;
A study of the value chain suggests this is a very intelligent move by the offshore firms. [...]]]></description>
			<content:encoded><![CDATA[<p>At a time when offshore IT companies continue to post excellent results, these firms seem to confirm there is a requirement to have good solid account relationships based near the customer.  <a href="http://www.economist.com/business/displayStory.cfm?story_id=2235022">The Economist November 20, 2003 &#8220;Bangalore, Texas&#8221;</a></p>
<p>A study of the value chain suggests this is a very intelligent move by the offshore firms.  The standardization of IT development processes reduces the development time and improves the quality of the code and for all players.  It is clear the only sustainable superior position is to be the low-cost provider.  With operating margins often in the 20% range, there is plenty of room for other offshore firms in the same region or in lower cost regions to offer lower prices.</p>
<p>As the process standardization has moved from programming processes to design techniques, these activities have also moved to the low-cost provider.  Will this continue right up the value chain to business strategy and financial advisors?  Not likely.  Oh, it will happen in a few isolated situations and there will be parts of the process, such as research and graphics production capabilities, which will move to lower cost providers.</p>
<p>The activities from business strategy through business rule verification will continue to be provided locally with lots of interation with the client.  Offshore companies must develop this capability before their current business becomes a pure commodity.  Local organizations should develop offshore capabilities or build relationship with several smaller offshore firms in order to provide a range of application development alternatives for their clients.  There are numerous offshore companies seeking just such relationships.</p>
<p>Local companies will have difficulty moving from a fully integrated model to one based on development partners, as it means slow or negative growth for their local application development capabilities.  An unenviable position at best.  This opens the opportunity for a new breed of IT strategy consulting which provides application development through several relationships with local and offshore firms.</p>
<p><strong>Offshore IT Article</strong><br />
<a href="http://itmanagement.earthweb.com/career/article.php/3106421">IT Careers Caught in a Cross-Current<br />
November 10, 2003<br />
By Sharon Gaudin</a></p>
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		<title>Offshore Outsourcing</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/107176311825841948/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/107176311825841948/#comments</comments>
		<pubDate>Thu, 18 Dec 2003 14:58:38 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[International Politics]]></category>
		<category><![CDATA[USA Politics]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=10</guid>
		<description><![CDATA[As I look at predictions for 2004, one area where consensus abounds and debate increases is &#8220;Offshore Outsourcing&#8221;, the movement of knowledge worker jobs offshore.  There is abundant agreement that this will continue, even accelerate.
At the same time there is widespread disagreement as to whether this is a good thing for US and European [...]]]></description>
			<content:encoded><![CDATA[<p>As I look at predictions for 2004, one area where consensus abounds and debate increases is &#8220;Offshore Outsourcing&#8221;, the movement of knowledge worker jobs offshore.  There is abundant agreement that this will continue, even accelerate.</p>
<p>At the same time there is widespread disagreement as to whether this is a good thing for US and European economies.  Here are some articles and papers on the issue.</p>
<p>In this paper, McKinsey estimates for every dollar of US work outsourced to India, the return to the US is between $1.12 and $1.14.  India stands to increase their GDP by $0.33.<br />
<a href="http://www.mckinsey.com/knowledge/mgi/reports/pdfs/offshore/Offshoring_MGI_Perspective.pdf">Offshoring: Is it a Win-Win Game?<br />
McKinsey Global Institute<br />
August, 2003</a></p>
<p><a href="http://www.emergic.org/archives/2003/12/18/index.html#india_and_software">India and Software<br />
A number of articles in the Wall Street Journal and New York Times on the Indian software industry.<br />
Emergic.org</a></p>
<p><a href="http://www.economist.com/business/displayStory.cfm?story_id=2282381">Offshoring &#8211; Relocating the back office<br />
Dec 11th 2003 From The Economist print edition</a></p>
<p><a href="http://www4.gartner.com/DisplayDocument?id=413700">The Organizational Implications of Offshore Outsourcing<br />
24 October 2003<br />
Diane Morello </a><br />
<a href="http://www4.gartner.com/reces/118100/118136/118136.pdf">Acrobat Version</a></p>
<p><a href="http://www.ventureblog.com/articles/indiv/2003/000208.html">The Irony of Outsourcing<br />
By Kevin Laws on November 18, 2003 09:03 PM</a><br />
Supports the argument that economic activity flowing to the most efficient provider creates the greatest total value and in the long run the greatest value for each country involved.  He points out the engineers who &#8220;thought&#8221; manufacturing workers out of jobs are now seeing their own jobs reduced and sent offshore.</p>
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		<title>Technology Pioneers of 2004</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/107159439521946465/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/107159439521946465/#comments</comments>
		<pubDate>Tue, 16 Dec 2003 16:06:35 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=9</guid>
		<description><![CDATA[The World Economic
Forumâ€™s Technology
Pioneers 2004
I saw this on Rajesh Jain&#8217;s Weblog, EMERGIC.org.
]]></description>
			<content:encoded><![CDATA[<p><a href="http://http://www.weforum.org/pdf/TechPioneers/apax04.pdf">The World Economic<br />
Forumâ€™s Technology<br />
Pioneers 2004</a><br />
I saw this on Rajesh Jain&#8217;s Weblog, <a href="http://www.emergic.org/">EMERGIC.org</a>.</p>
]]></content:encoded>
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		<title>Network Learning</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/107159396649138326/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/107159396649138326/#comments</comments>
		<pubDate>Tue, 16 Dec 2003 15:59:26 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=8</guid>
		<description><![CDATA[Connections: The Impact of Schooling
December 2003 &#8211; Jay Cross 
Cross writes, &#8220;Most learning is informal; a network approach makes it easier, more productive and more memorable to meet, share and collaborate. Emotional intelligence promotes interoperability with others. Expert locators connect you to the person with the right answer. Imagine focusing the hive mind that emerges [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.clomedia.com/content/templates/clo_col_effectiveness.asp?articleid=315&#038;zoneid=105">Connections: The Impact of Schooling<br />
December 2003 &#8211; Jay Cross </a></p>
<p>Cross writes, &#8220;Most learning is informal; a network approach makes it easier, more productive and more memorable to meet, share and collaborate. Emotional intelligence promotes interoperability with others. Expert locators connect you to the person with the right answer. Imagine focusing the hive mind that emerges in massive multiplayer games on business. Smart systems will prescribe the apt way to demonstrate a procedure, help make a decision or provide a service, or transform an individualâ€™s self-image. Networks will serve us instead of the other way around.&#8221;</p>
<p>This last sentence is critical.  The individual taps into the network in the way she prefers.  Yes, she is a part of the network, but she is not compromised by the thinking of others in the network.  Not only does she not have to agree with others in the network, she does not have to &#8220;agree to disagree&#8221; with others in the network.</p>
<p>Let&#8217;s compare this to &#8220;brainstorming&#8221; sessions.  We&#8217;ve all been party to &#8220;group think&#8221; sessions where one or two people have dominated or controlled the actions and outcomes of the group. Often resulting is sub-par results.  (Remember those survival exercises where one member of the group scores better than the group collectively.  Where two heads are worse than one?)  It can be due to the person&#8217;s personality, debating skills, authority relative to others in the session or knowledge of the subject.  It may be, but does not have to be intentional.</p>
<p>These &#8220;group think&#8221; sessions, usually corporate sponsored, have a limitation that the learning network does not have.  They have to come to a single conclusionn.   In the learning network, each member has the opportunity to take the network information and come to her own conclusions.</p>
<p>So just maybe two heads are better than one, and four heads are better than two and eight heads are better than four and so on and so on&#8230;</p>
<p>I&#8217;d like to see that happen here.</p>
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		<title>Offshore IT Services Requires Local Handholding</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/107102115050054678/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/107102115050054678/#comments</comments>
		<pubDate>Wed, 10 Dec 2003 13:55:04 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=7</guid>
		<description><![CDATA[At a time when offshore IT companies continue to post excellent results, these firms seem to confirm there is a requirement to have good solid account relationships based near the customer.  The Economist November 20, 2003 &#8220;Bangalore, Texas&#8221;
A study of the value chain suggests this is a very intelligent move by the offshore firms. [...]]]></description>
			<content:encoded><![CDATA[<p>At a time when offshore IT companies continue to post excellent results, these firms seem to confirm there is a requirement to have good solid account relationships based near the customer.  <a href="http://www.economist.com/business/displayStory.cfm?story_id=2235022">The Economist November 20, 2003 &#8220;Bangalore, Texas&#8221;</a></p>
<p>A study of the value chain suggests this is a very intelligent move by the offshore firms.  The standardization of IT development processes reduces the development time and improves the quality of the code and for all players.  It is clear the only sustainable superior position is to be the low-cost provider.  With operating margins often in the 20% range, there is plenty of room for other offshore firms in the same region or in lower cost regions to offer lower prices.</p>
<p>As the process standardization has moved from programming processes to design techniques, these activities have also moved to the low-cost provider.  Will this continue right up the value chain to business strategy and financial advisors?  Not likely.  Oh, it will happen in a few isolated situations and there will be parts of the process, such as research and graphics production capabilities, which will move to lower cost providers.</p>
<p>The activities from business strategy through business rule verification will continue to be provided locally with lots of interation with the client.  Offshore companies must develop this capability before their current business becomes a pure commodity.  Local organizations should develop offshore capabilities or build relationship with several smaller offshore firms in order to provide a range of application development alternatives for their clients.  There are numerous offshore companies seeking just such relationships.</p>
<p>Local companies will have difficulty moving from a fully integrated model to one based on development partners, as it means slow or negative growth for their local application development capabilities.  An unenviable position at best.  This opens the opportunity for a new breed of IT strategy consulting which provides application development through several relationships with local and offshore firms.</p>
<p><strong>Offshore IT Article</strong><br />
<a href="http://itmanagement.earthweb.com/career/article.php/3106421">IT Careers Caught in a Cross-Current<br />
November 10, 2003<br />
By Sharon Gaudin</a></p>
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		<title>2004 IT Spending Estimates</title>
		<link>http://dwaynenesmith.com/blog/archives/2003/12/107124314173281837/</link>
		<comments>http://dwaynenesmith.com/blog/archives/2003/12/107124314173281837/#comments</comments>
		<pubDate>Tue, 02 Dec 2003 15:21:37 +0000</pubDate>
		<dc:creator>dwayne</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://dwaynenesmith.com/?p=6</guid>
		<description><![CDATA[Let us begin analyzing the investment trends for 2004 by reviewing the predictions for IT spending in 2004.  What better way to begin a discussion around the near term performance of technology companies than with near term IT spending?
Here is a summary of common themes from the articles listed here.  It is by [...]]]></description>
			<content:encoded><![CDATA[<p>Let us begin analyzing the investment trends for 2004 by reviewing the predictions for IT spending in 2004.  What better way to begin a discussion around the near term performance of technology companies than with near term IT spending?</p>
<p>Here is a summary of common themes from the articles listed here.  It is by no means inclusive of all the predictions.</p>
<p>IT spending growth returns in 2004 with growth in the 4-8% range<br />
Computer sales growth is higher than software growth<br />
Infrastructure growth is higher than applications growth<br />
Suites continue to be winners in the application battle<br />
Business Intelligence bucks this trend with pure plays beating suite purchases<br />
IT vendors struggle to adapt their marketing strategy toward solving business needs<br />
Pricing pressure continues, as cost controls remain a high priority<br />
IT services does not enjoy spending growth as movement to offshore providers doubles in 2004</p>
<p><a href="http://www.forrester.com/ER/Research/Brief/0,1317,33092,FF.html">CIOs Still Have A Cautious Outlook For 2004 IT Budgets<br />
Forrester Business Technographics<br />
November 7, 2003</a></p>
<p><a href="http://www.forrester.com/ER/Research/Brief/0,1317,33215,FF.html">Outlook for 2004 App Budgets: Conservative Growth<br />
Forrester Business Technographics<br />
December 1, 2003</a></p>
<p><a href="http://www.idc.com/getdoc.jhtml;jsessionid=GAOXH3JZBO5NKCTFA4FSFFAKMUDYUIWD?containerId=pr2003_12_03_204922">Tech Resurrection Will Be Accompanied by Significant Structural Change, According to IDC Predictions 2004<br />
09 Dec 2003</a><br />
<a href="http://www.idc.com/getdoc.jhtml?containerId=30499&#038;pageType=PRINTFRIENDLY">See full report. Registration is required.</a></p>
<p><a href="http://www3.gartner.com/resources/118600/118622/118622.pdf">Predicts 2004: IT Management and IT Services &#038; Outsourcing<br />
Gartner<br />
24 November 2003  <em>Acrobat</em></a></p>
<p><a href="http://itmanagement.earthweb.com/career/article.php/3107151">Gartner Sees IT Spending Rebound<br />
November 11, 2003<br />
By Roy Mark</a></p>
<p><a href="http://www.computerworld.com/managementtopics/management/itspending/story/0,10801,87618,00.html">Some IT Purse Strings May Be Loosened Next Year<br />
DECEMBER 01, 2003 ( COMPUTERWORLD )</a></p>
<p><a href="http://www.siia.net/sharedcontent/press/2003/10-28-03.html">IT Spending to Rebound in Early 2004, Says SIIA Survey;<br />
Web services, Security, Wireless to Benefit from Recovery </a></p>
<p><a href="http://www.siia.net/divisions/software/pubs/TechnologySpendingSurvey2003.pdf">SIIA Technology Spending Horizons Survey<br />
October 2003  <em>Acrobat</em></a></p>
<p><a href="http://news.bbc.co.uk/2/hi/business/3210052.stm">Tech spending &#8216;to surge in 2004&#8242;<br />
BBC</a></p>
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