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<channel>
	<title>L - I - N - K - E - D</title>
	
	<link>http://www.l-i-n-k-e-d.com</link>
	<description>THINGS THAT COME INTO MY HEAD. SOMETIMES YOU MIGHT EVEN SPOT LINKS BETWEEN THEM.</description>
	<lastBuildDate>Sun, 19 Feb 2012 06:06:22 +0000</lastBuildDate>
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		<title>Instapaper + Kindle = Total Winner</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/uJCLD1b9im4/</link>
		<comments>http://www.l-i-n-k-e-d.com/instapaper-kindle-total-winner/#comments</comments>
		<pubDate>Sun, 19 Feb 2012 06:06:22 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[GTD]]></category>
		<category><![CDATA[WebApps]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=582</guid>
		<description><![CDATA[I migrated everything to a new PC this week, and have used the migration to switch a lot of the services I&#8217;ve been using. One service which I couldn&#8217;t live without was  ReaditLater . Basically its a browser extension that does exactly what it says &#8211; 1 click and the current page is saved to your [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>I migrated everything to a new PC this week, and have used the migration to switch a lot of the services I&#8217;ve been using. One service which I couldn&#8217;t live without was <a href="http://http://readitlaterlist.com/"> </a><a href="http://www.readitlaterlist.com" target="_blank">ReaditLater</a> . Basically its a browser extension that does exactly what it says &#8211; 1 click and the current page is saved to your list for later reading. Quite honestly, I don&#8217;t know how people operate without such a service these days. The amount of interesting blog articles that cross my desk every day (courtesy of Twitter, Facebook and a zillion RSS feeds) is frightening. A lot of the links are off-topic junk, but now and then there is a &#8220;long-form&#8221; piece which is really worth reading. You can usually tell this by a quick scan of the page. But, if you actually <strong><em>work</em></strong> at your computer, as I try to, and your work doesnt take well to constant interruptions &#8211; then reading the article There-and-Then is just plain destructive. So what I do throughout my day is add about 3 to 5 articles to my Readitlater list and then when I need a break or in the evening I&#8230; you guessed it : Read it Later.</p>
<p>Recently I purchased an entry level Kindle &#8211; no 3G, no net connection and no touch or keyboard. Although I prefer real-paper books wherever I have the choice (and there<strong><em> is</em></strong> still a choice after you&#8217;ve purchased your kindle, something a lot of commentators, in their Either/Or thinking, completely forget), getting a kindle was inevitable. I buy a lot of books from Amazon and besides the extra cost, they take ages to get to me. I specifically chose Kindle over reading on an iPad, because I actually find it a huge advantage to read without the ability to click somewhere and disappear down a rabbit-hole. Reading books requires &#8220;Staying on the Same Page&#8221;.</p>
<p>Enter Instapaper (which I recently switched to): <a href="http://www.instapaper.com">Instapaper</a> is very similar to ReaditLater &#8211; a 1 click bookmark list for reading stuff at a later stage when you not so busy. What made me switch though is that Instapaper has awesome integration with Kindle. Here&#8217;s what I&#8217;ve done: I&#8217;ve set up Instapaper so that every day at 4pm it sends my Kindle a digest of all of the articles/blog posts I have bookmarked since last time. They are perfectly formmated for the Kindle &#8211; crisp clear text minus all the adverts and boiler plate. Then, every evening, I can escape my monitor and, in a place of my choosing, I can &#8220;curl up&#8221; and read all my long-form stuff. OK, so if there&#8217;s a juicy link in an article I can&#8217;t follow it &#8211; but, hey, that&#8217;s the whole point!  I end up actually reading the full articles right &#8217;til the end of the page. And then, even with the keyboardless Kindle, I have an option to &#8220;Like&#8221; the article which automagically sends it to my evernote account if I want to snip some stuff from it or follow some links. (you can set the &#8220;Like&#8221; action to tweet or Facebook too)</p>
<p>Try it out, I&#8217;m tellin&#8217; ya, Kindle + Instapaper has been one of the smarter enhancements to my digital lifestyle sanity.</p>
<p>&nbsp;</p>
<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/uJCLD1b9im4" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Overwhelmed by Google Analytics – Lessons Learned</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/azw_mue5Veg/</link>
		<comments>http://www.l-i-n-k-e-d.com/overwhelmed-by-google-analytics-lessons-learned/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 08:07:43 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[GTD]]></category>
		<category><![CDATA[SEO]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=578</guid>
		<description><![CDATA[Managing over 14 000 keywords on Google Adwords as I do, is a formidable task. So formidable that I kind of gave up on it for a while, but have recently dived back in.  All of Google&#8217;s products are becoming increasingly complicated &#8211; Adwords, Analytics and Webmaster Tools. There is just too much information and [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Managing over 14 000 keywords on Google Adwords as I do, is a formidable task. So formidable that I kind of gave up on it for a while, but have recently dived back in.  All of Google&#8217;s products are becoming increasingly complicated &#8211; Adwords, Analytics and Webmaster Tools. There is just <strong>too much information</strong> and <strong>not enough time</strong>.  Here&#8217;s some lessons I&#8217;ve learnt:</p>
<p><strong>ABANDON PERFECTION</strong><br />
You are NEVER going to a be able to monitor and analyse everything that you should be. And its just going to get more impossible as time goes on. Analytics is a bottomless pit &#8211; with all the tools Google now provides, you could spend a month analysing a single days traffic.</p>
<p><strong>ACTIONABLES ONLY</strong><br />
As a webmaster or SEO person, Traffic stats can be quite beguiling (especially if your traffic is going in the right direction). But, given the scarcity of time and resources,  a lot of stats, at bottom, are a nice-to-have not a must-have. Nowadays before looking at any Adwords or Analytics report I ask myself what action can I take that will boost my bottom line from this information. Its surprising how much stuff fails this test.</p>
<p><strong>BYPASS THE GIVENS</strong><br />
Be careful of the &#8220;I need to monitor my competitors rankings to see if I need to step up my game-plan&#8221; trap. A lot of useless statistics and reports can be justified with this lame reasoning. If you are in business it is a given that you will have competitors, it is a given that you must always put forward your best game-plan, it is a given that you should do effective things to rank the best you can. If these aren&#8217;t givens then you aren&#8217;t really an entreprenuer. As Matt Cutt&#8217;s once quipped: wasting time on the givens is &#8220;like telling a boxer to punch harder&#8221;.</p>
<p><strong>APPLY THE 80/20 PRINCIPAL</strong><br />
This is particularly relevant when you&#8217;re managing 14 000 keywords. Just about every Google report has filtering options. Use them continually! Concentrate your effort on tweaking only those adwords which have had more than 20 impressions for the month.  By doing this I cut my list from 14 000 to 400.  But the cost of the adwords accounted by that top 400 was 90%.  Put the other way around: Why waste time analysing 13 500 keywords in order to tweak 10% of your costs?</p>
<p><strong>DONT FORGET TO PLAY</strong><br />
Being maths and stats based, the nature of analytics suggests precision, process and routine. Something like, say, 10 standard reports analysed every Friday, another 10 monthly, etc. Taking this stereotype approach can lead to a very one-dimensional marketing strategy (not to mention leading to a very rote, soulless task in the process). But sometimes, when you&#8217;re in a playful mood a lot can be gained by just &#8220;surfing&#8221; your analytics and stats. Exploring new reports and views that google has come up with. Seeing things from new angles. Bucking the usual rules.</p>
<p><strong>BOTTOM LINE</strong><br />
Ongoing monitoring of Google Adwords and Analytics is definitely about Efficieny &#8211; doing things right. But in your focus on total efficiency, don&#8217;t overlook the other big E &#8211; Effectiveness &#8211; doing the right things.</p>
<p>&nbsp;</p>
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<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/azw_mue5Veg" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Google schizophrenia: Customised User Sessions with a One-size-fits-all service</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/-gjyLh1O3A4/</link>
		<comments>http://www.l-i-n-k-e-d.com/google-schizophrenia-customised-user-sessions-with-a-one-size-fits-all-service/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 10:59:33 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Google]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=573</guid>
		<description><![CDATA[&#8220;Search Plus Your World&#8221; is Google&#8217;s latest play to promote Google+. Basically your personal search results will now be mashed up with topical references from your Google+ stream (unless you opt-out) As usual &#8220;personalisation&#8221; for improved results is the Google mantra and rationale behind the changes. However, on the other end of the continuum Google [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>&#8220;Search Plus Your World&#8221; is Google&#8217;s latest play to promote Google+. Basically your personal search results will now be mashed up with topical references from your Google+ stream (unless you opt-out)</p>
<p>As usual &#8220;personalisation&#8221; for improved results is the Google mantra and rationale behind the changes. However, on the other end of the continuum Google seems to be moving away from customisation to a homogenisation when it comes to the actual service they offer. The new service will attempt to satisfy all your search, social and bookmarking needs in one grand (take-over-the-world) platform.</p>
<p>Whilst on paper they might be moving in the right direction with customising results, the reality of the maturing webscape is that services are also becoming customised. For social &#8211; go to Facebook, they do it best. For realtime micro-blogging go to Twitter. For bookmarking use something like Evernote. Web services that stick to their knitting and avoid the Jack-of-all-trades trap will always do it best.</p>
<p>The market for a good plain Vanilla search engine will never disappear. But the big G seems to be undertaking a &#8220;make or break&#8221; bet on Google+. They&#8217;re playing a dangerous game and better be careful. There are already commentators like Gizmodo who see this latest move as  <a href="http://gizmodo.com/5875571/google-just-made-bing-the-best-search-engine">a Google break</a>, not a Google make.</p>
<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/-gjyLh1O3A4" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>The Byte Steve Jobs Took</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/Npfocjvy0C8/</link>
		<comments>http://www.l-i-n-k-e-d.com/the-byte-steve-jobs-took/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 06:57:23 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[apple]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=568</guid>
		<description />
			<content:encoded><![CDATA[<p></p><p><a href="http://www.l-i-n-k-e-d.com/wp-content/uploads/2012/01/Apple-Logo.jpg"><img class="aligncenter size-full wp-image-569" title="Apple-Logo" src="http://www.l-i-n-k-e-d.com/wp-content/uploads/2012/01/Apple-Logo.jpg" alt="" width="400" height="459" /></a></p>
<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/Npfocjvy0C8" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>The Great Progress Trap</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/PdBhsoPqRcA/</link>
		<comments>http://www.l-i-n-k-e-d.com/the-great-progress-trap/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 09:04:45 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=560</guid>
		<description />
			<content:encoded><![CDATA[<p></p><p><a href="http://www.l-i-n-k-e-d.com/wp-content/uploads/2011/12/progress-trap.jpg"><img class="aligncenter size-full wp-image-561" title="progress-trap" src="http://www.l-i-n-k-e-d.com/wp-content/uploads/2011/12/progress-trap.jpg" alt="The Progress Trap" width="320" height="237" /></a></p>
<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/PdBhsoPqRcA" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Happy Full Moon To You</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/iPCJR9SbL0I/</link>
		<comments>http://www.l-i-n-k-e-d.com/happy-full-moon-to-you/#comments</comments>
		<pubDate>Sat, 10 Dec 2011 08:06:19 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[photo]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=547</guid>
		<description><![CDATA[&#160; The pic is of a beach looking towards Chapman&#8217;s Peak. Made on my iPhone with the apps: 100 Cameras &#38; Camerabag. You can see some of my other iPhone pics here&#8230; oh, and tonight is Full Moon.]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.l-i-n-k-e-d.com/wp-content/uploads/2011/12/moon.jpg"><img class="aligncenter size-full wp-image-548" title="moon" src="http://www.l-i-n-k-e-d.com/wp-content/uploads/2011/12/moon.jpg" alt="" width="353" height="353" /></a></p>
<p>&nbsp;</p>
<p>The pic is of a beach looking towards Chapman&#8217;s Peak. Made on my iPhone with the apps: 100 Cameras &amp; Camerabag. You can see some of my other iPhone pics <a href="http://www.flickr.com/photos/framesofmind/sets/72157626663202837/">here</a>&#8230;</p>
<p>oh, and tonight is Full Moon.</p>
<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/iPCJR9SbL0I" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>SCENARIO PLANNING: The world’s worst enviromental disaster</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/ATWnoTvlzZw/</link>
		<comments>http://www.l-i-n-k-e-d.com/koeberg-nuclear-disaster/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 07:54:05 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[environment]]></category>

		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=531</guid>
		<description><![CDATA[Now that Cape Town&#8217;s Table Mountain officially made it into the 7 Natural Wonders of the World list, it would be a good time to take a look at the unimaginable &#8211; the whole city and it&#8217;s incredible environs being turned into a permanent ghost city. As the world&#8217;s media juggernaut moves from frenzy to [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Now that Cape Town&#8217;s Table Mountain officially made it into the 7 Natural Wonders of the World list, it would be a good time to take a look at the unimaginable &#8211; the whole city and it&#8217;s incredible environs being turned into a permanent ghost city.</p>
<p>As the world&#8217;s media juggernaut moves from frenzy to frenzy it is easy to forget about the Fukushima Nuclear disaster earlier this year, and the Chernobyl meltdown which occurred in the 1980s is all but forgotten. But in reality Nuclear disasters are for all intents and purposes &#8220;permanent&#8221; disasters.  How many people know that to this day there is <a href="http://en.wikipedia.org/wiki/Chernobyl_exclusion_zone">a 30km radius zone around Chernobyl called the &#8220;Exclusion Zone&#8221;</a> which is totally off limits for human habitation. And here&#8217;s the killer &#8211; it will not be inhabitable for the next 1000 years! Even the official 30 km zone is debatable &#8211; most people with any choice would surely not live within 100 km of the area where soil radiation levels are still (and will be for 1000 years) extremely high.</p>
<p>Neither do many people realise that the<a href="http://en.wikipedia.org/wiki/Radiation_effects_from_Fukushima_Daiichi_nuclear_disaster"> Fukushima Exclusion Zone of 30 km</a> is not a temporary measure.  It too will last 1000s of years. Nor are the world being told the truth about Fukushima. Toxic levels of radiation are continually appearing further and further and further afield. Again: nobody in their right minds would voluntarily go and live within 100 km of the place.</p>
<p>Enter: Cape Town</p>
<ul>
<li>frequently voted as one of the most beautiful cities in the world</li>
<li>population 3.5 million</li>
<li>new home of one of the 7 Natural Wonders of the World</li>
<li>home of one of the worlds 6 Floral Kingdoms &#8211; being the smallest and richest</li>
</ul>
<p>A mere 28km North of the city center one finds an ageing (albeit active) Nuclear power station &#8211; relic of the Apartheid era.  Unlike the nuclear power stations in Japan, the USA and France &#8211; this facility is not based in a first world country, but within an emerging country beset with infrastructural and administrative problems.  Scenario planning for a meltdown in this instance should not be viewed as scaremongering, but absolutely critical.  So here goes:</p>
<p>WHAT HAPPENS IF THERE&#8217;S A MELTDOWN AT KOEBERG NUCLEAR STATION?</p>
<p>We can safely assume that the  minimum Exclusion Zone would be 30km</p>
<p>We can reasonably assume that this zone may be a lot bigger (80 km perhaps) after the official obfuscation of facts at both Fukushima and Chernobyl emerge</p>
<p>Either way &#8211; the whole of Cape Town would have to be evacuated. 3.5 million people would be homeless.  The South African Parliament would be evacuated. The country&#8217;s second largest financial and economic hub would be utterly destroyed within a matter of days. The world would lose 100s of species of flora and fauna permanently (they&#8217;ve got a name for this: &#8220;extinction&#8221;) The 7th Wonder of the World would be a No-Go Zone.</p>
<p>Basically Cape Town would be a ghost city. Not for a few months or even a few years &#8211; 500 years at least!</p>
<p>Quite honestly it would be the biggest environmental tragedy to ever hit the world.  People will look back for 1000s of years incredulous that such a risk could ever have been tolerated.</p>
<p>Is it worth it? Even if Koeberg could guarantee us that the chances of a Nuclear accident ever happening are less than  0.01% (which they most certainly can&#8217;t) what would the cost be?</p>
<p>Forgetting the cost of the natural habitat and human lives &#8211; the economic costs of such a disaster would surely amount to Trillions of dollars (especially when you factor in 1000 years of losses). Take into account the extinctions; value of a 7th Wonder of the World and human lives lost &#8211; there is no monetary value that to which such a loss could be reduced.</p>
<p>How is it that such a scenario is even a possibility?</p>
<p><strong>UPDATE:</strong></p>
<p>Scary pics: Fukushima 9 months later &#8211; what a <a href="http://www.boston.com/bigpicture/2011/12/japans_nuclear_exclusion_zone.html">nuclear exclusion zone</a> looks like</p>
<p>&nbsp;</p>
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<img src="http://feeds.feedburner.com/~r/L-I-N-K-E-D/~4/ATWnoTvlzZw" height="1" width="1"/>]]></content:encoded>
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		<item>
		<title>Sage Advice</title>
		<link>http://feedproxy.google.com/~r/L-I-N-K-E-D/~3/UJADaCuvyT0/</link>
		<comments>http://www.l-i-n-k-e-d.com/sage-advice/#comments</comments>
		<pubDate>Wed, 16 Nov 2011 07:26:46 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<title>American politics – am I missing something?</title>
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		<pubDate>Thu, 27 Oct 2011 16:25:03 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
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		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=516</guid>
		<description><![CDATA[I am not an American citizen. I live far away. However American politics ultimately affects me along with everyone else on the planet. So I watch whats going on from the outside and am often very puzzled with what I see. In my opinion the OccupyWallStreet movement is well overdue. And I&#8217;m hoping it can [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>I am not an American citizen. I live far away. However American politics ultimately affects me along with everyone else on the planet. So I watch whats going on from the outside and am often very puzzled with what I see.</p>
<p>In my opinion the OccupyWallStreet movement is well overdue. And I&#8217;m hoping it can bring about much needed change. I also appreciate people within the movement who say it&#8217;s not about right wing or left wing leanings &#8211; its about the 99% versus the 1%.</p>
<p>Whether you agree with the Occupy movement or not is up to you. But what I can&#8217;t understand is how any US citizen that believes in the Occupy movement can continue to vote Republican. The single most obvious and practical step to level the playing fields between the 99% and the 1% is to tax the 1% more.  Always has been. It&#8217;s not rocket science.</p>
<p>Only a short while ago, however, I watched as the US government came up with solutions to reign in its massive deficit. Amongst the Democrats proposals was higher taxes on the rich.  But the Republicans would have nothing of it. So vehemently were they opposed to higher taxes on the rich, that they held Obama over a barrel until the last minute &#8211; effectively sabotaging the country&#8217;s credit rating in the process.</p>
<p>No wonder then that the big Banksters (the ones who caused the mess in the first place) would love for the Republicans to win. Just look at <a href="http://www.prisonplanet.com/federal-records-show-romney-campaign-bought-and-paid-for-by-big-banks.html">who is funding the leading Republican candidates</a> &#8211; Mitt Romney&#8217;s -campaign and you will see that it is basically bought and paid-for by the Big Banks.</p>
<p>I&#8217;m also aware that the Democrats haven&#8217;t done enough to reign in the banks.  But when you put the two parties side to side its clear who the better of the two is in this regard.</p>
<p>So it is all good and dandy that anybody can support the Occupy movement &#8211; but please American Occupiers, next time you vote, please &#8220;OccupyYourBrains&#8221; first.  Your votes do count you know&#8230;</p>
<p>UPDATE (1 November 2011): <a href="http://thinkprogress.org/economy/2011/11/01/316040/romney-solamere-ponzi/">ROMNEY INVOLVED IN PONZI SCHEME</a></p>
<p>&nbsp;</p>
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		<title>5 Concrete demands of Occupy Wall Street</title>
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		<pubDate>Wed, 19 Oct 2011 05:35:04 +0000</pubDate>
		<dc:creator>SeekGeek</dc:creator>
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		<guid isPermaLink="false">http://www.l-i-n-k-e-d.com/?p=513</guid>
		<description><![CDATA[Whilst Corporate-backed Big Media try to paint the international Occupy movement into a chaotic, left-wing hole &#8211; some very bright people within the movement are coming up with solid and practical solutions: 1. Break up the monopolies. The so-called “Too Big to Fail” financial companies – now sometimes called by the more accurate term “Systemically [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Whilst Corporate-backed Big Media try to paint the international Occupy movement into a chaotic, left-wing hole &#8211; some very bright people within the movement are coming up with solid and practical solutions:</p>
<p>1.<strong><em> Break up the monopolies.</em></strong> The so-called “Too Big to Fail” financial companies – now sometimes called by the more accurate term “Systemically Dangerous Institutions” – are a direct threat to national security. They are above the law and above market consequence, making them more dangerous and unaccountable than a thousand mafias combined. There are about 20 such firms in America, and they need to be dismantled; a good start would be to repeal the Gramm-Leach-Bliley Act and mandate the separation of insurance companies, investment banks and commercial banks.</p>
<p>2. <em><strong>Pay for your own bailouts</strong>.</em> A tax of 0.1 percent on all trades of stocks and bonds and a 0.01 percent tax on all trades of derivatives would generate enough revenue to pay us back for the bailouts, and still have plenty left over to fight the deficits the banks claim to be so worried about. It would also deter the endless chase for instant profits through computerized insider-trading schemes like High Frequency Trading, and force Wall Street to go back to the job it’s supposed to be doing, i.e., making sober investments in job-creating businesses and watching them grow.</p>
<p>3. <em><strong>No public money for private lobbying</strong>. </em>A company that receives a public bailout should not be allowed to use the taxpayer’s own money to lobby against him. You can either suck on the public teat or influence the next presidential race, but you can’t do both. Butt out for once and let the people choose the next president and Congress.</p>
<p>4.<em><strong> Tax hedge-fund gamblers</strong>.</em> For starters, we need an immediate repeal of the preposterous and indefensible carried-interest tax break, which allows hedge-fund titans like Stevie Cohen and John Paulson to pay taxes of only 15 percent on their billions in gambling income, while ordinary Americans pay twice that for teaching kids and putting out fires. I defy any politician to stand up and defend that loophole during an election year.</p>
<p>5. <em><strong>Change the way bankers get paid</strong>.</em> We need new laws preventing Wall Street executives from getting bonuses upfront for deals that might blow up in all of our faces later. It should be: You make a deal today, you get company stock you can redeem two or three years from now. That forces everyone to be invested in his own company’s long-term health – no more Joe Cassanos pocketing multimillion-dollar bonuses for destroying the AIGs of the world.</p>
<p>Source: <a href="http://www.disinfo.com/2011/10/five-demands-for-reining-in-wall-street/">Disinformation</a></p>
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