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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• About Tech Paul
I am a Retired computer & network technician. I used to think the machines were pretty cool. Now I don’t.
They’re anything but.
I regularly posted how-to’s and tricks & tips and general computing advice here starting in 2007. (Use the Search tool to find answers. But be aware, many are rather dated.) Sometimes I answered (your) specific questions in an article if I believed the answer was generally helpful to “everyone”. All the writing you see was my own, typos and all. There always is/was an implied “IMHO” in what you see here.
Note: You are responsible for using this blog and its content. I am in no way liable for any losses caused by user error, viruses and/or other malware, hardware or software failure, or any other conceivable reason.
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