Obama and Tumblr

I am a fan of tumblr.com. And I admire how Barack Obama and his team capitalize on good technologies for their benefit. So it comes as no surprise that his team used tumblr as a blog — actually, tumble log — for the The Inauguration.

As is typical of the Obama tech team, they have taken tumblr, which is really good technology, and made it look even better! Click on the link above and see.

Merrill Paid Billions In Bonuses on an Early Schedule, As New Owner Sought More Bailout Dollars

This is something the new Obama administration should look into right away. While American taxpayers were shelling out billions in bailout money to firms like Merrill Lynch, the head of Merrill was paying billions in bonus to employees in bonuses. Ahead of time

It’s bad enough that the bonuses were given out. But that they were given out early and at the time they were given out really stinks.

Bank of America now owns Merrill Lynch. They should go after that money. And if won’t, the Treasury Department should. Or simply consider John Thain, the former head of Merrill Lynch, a thief and prosecute him. It’s good he was fired. But that’s not enough.