Tech – for Everyone

Tech Tips and Tricks & Advice – written in plain English.

Facebook stock plunge sounds alarm on Calif. budget

Sometimes.. I have to ask myself.. just how dumb are politicians?

Facebook stock plunge sounds alarm on California’s budget

SACRAMENTO, Calif. (KGO) — “Facebook’s plunging stock price is now sinking California’s hope of keeping the state’s budget above water. Gov. Jerry Brown hoped the state would get nearly $2 billion dollars in tax revenue when Facebook began trading publicly in May.” Read more..

… putting together a budget based on expecting the stock market to behave a certain way… Well, I guess that’s no dumber than giving 18 year-old’s credit cards, and establishing a buy-now-hopefully-pay-later mindset.

All this because Facebook is not efficient at pumping ads to your smartphone. (Ads we neither want nor need.)

IMHO, the lunatics are running the asylum. Seems simple as that…

In other news: What does Google Fiber mean for the rest of us?

So Google is beginning their fiber efforts in earnest in Kansas City…What does that mean for the rest of us fighting with our crappy ISPs?Read more..

(Why, it means more ads, of course. [And them learning even more about us? {If that’s possible..}])

Today’s quote:Anyone can carry his burden, however hard, until nightfall. Anyone can do his work, however hard, for one day. Anyone can live sweetly, patiently, lovingly, purely, till the sun goes down. And this is all life really means.” ~ Robert Louis Stevenson

Copyright 2007-2012 © “Tech Paul” (Paul Eckstrom). All Rights Reserved.

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August 3, 2012 Posted by | News, tech | 5 Comments