Monday, June 18, 2012

Thankfully, Software Is Eating The Personal Investing World

572826_306854_1126028472_nLiquidity fever is in the air in Silicon Valley. I felt this viscerally last month when a friend from Facebook came to me to talk investing.?A talented engineer who has been at the company for more than five years, my friend just reaped a pretty nice IPO payday. As you might expect, he?s been contacted by a seemingly endless list of investment advisors, slightly different in their approaches but all promising the same things ? a steady hand at the till, privileged access to top flight investment funds, and a portfolio that?s lower risk and higher return than the market.?Fed up with all the competing claims, he has started thinking about investing his money himself. After all, he must be bright enough to outsmart the fickle fools who seem to follow Jim Cramer?s every whim. Right??He wanted to know what I thought he should do. My first response was to slap him on the back and congratulate him again.?It?s a rare and special time when so many people are rewarded so spectacularly for their hard work and ingenuity.?As an entrepreneur myself, I love to see people with the courage to take an uncharted path succeed. But my second response was...

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Nantucket Film Festival puts writing in the spotlight

For 17 years, a Nantucket Film Festival has renowned itself as a progam that puts a spotlight on writers. ?All of a live events are secure in essay and storytelling,? says artistic executive Mystelle Brabb?e. She cites NFF signature programs ?Late Night Storytelling,? hosted this year by actor-writer Mike O?Malley, and Ben Stiller?s 4th annual All-Star Comedy Roundtable. Both events take place Friday.

Brabb?e says she?s generally gratified that a NFF?s renouned staged reading earnings this year on Saturday after a hiatus. An garb of actors will perform a new script, ?The Lost Cause? by Alexander Payne and Jim Taylor, with Taylor directing a reading. ?These are dual of Hollywood?s hottest writers and [there?s] a good expel entrance in. It will be a genuine provide for a assembly and not something they customarily get to see,? says Brabb?e.

Frank Langella in ?Robot and Frank,?? that screens during a Nantucket Film Festival on Saturday and subsequent Sunday.

Kicking off on Wednesday, this year?s NFF honors screenwriter and executive Nancy Meyers, who will accept a 2012 Screenwriters Tribute on Saturday during 8 p.m. Her longtime crony Diane Keaton, star of a Meyers-penned films ?Something?s Gotta Give? and ?Baby Boom,? will benefaction a award. Meyers will speak about her career with ?Hardball? horde Chris Matthews subsequent Sunday morning during 11:30 a.m.

Fresh off his Tony assignment for ?Man and Boy,? theatre and shade star Frank Langella heads to a NFF as this year?s target of a Compass Rose behaving award. Matthews will benefaction a endowment and talk Langella on Saturday during 10:15 a.m. Langella?s many new film, ?Robot and Frank,? screens during a NFF on Saturday during 7 p.m. and subsequent Sunday during 4:30 p.m.

?We done a vital preference that a festival would offer a hands-on knowledge for festivalgoers,? says NFF executive executive Colin Stanfield. ?It?s tiny and intimate. There are some-more opportunities to accommodate and rivet with filmmakers.?

A new NFF live eventuality this year is ?The Fog and Flounder Radio Hour? (Thursday, 7 p.m.) hosted by Tom Bodett from National Public Radio?s ?Wait Wait .?.?. Don?t Tell Me!? It facilities live song from Sierra Hull and her band, selected comedy sketches from Jerry Stiller and Anne Meara, and new pieces created and achieved by veterans of a Upright Citizens Brigade (Meghan O?Neill) and The Onion (Dan Mirk and Sascha Stanton-Craven) with additional element by Nantucket teenagers operative in this year?s NFF Teen View Writing Lab.

On a film front, a NFF includes ?Beasts of a Southern Wild,? with author Lucy Alibar in attendance. The film, that screens on Wednesday, is about a 6-year-old lady in a lost lagoon village unfortunate to save her bum father and falling home. It won a grand jury esteem for thespian film during a Sundance Film Festival. It?s formed on Alibar?s play ?Juicy and Delicious.? Alibar, who co-wrote a book with executive Benh Zeitlin, will accept a NFF?s New Voices in Screenwriting award.

For some-more information, go to www.nantucketfilmfestival.org.

Band in Boston

Boston?s punk song stage between 1981 and 1984 is documented in ?All Ages: The Boston Hardcore Film.? The film, that premiered during this year?s Boston Independent Film Festival, will have 4 screenings during a Friday to subsequent Sunday run during a West End Museum. Duane Lucia, executive writer of a film, is also a executive executive of a museum. In a early ?80s, Lucia owned and operated Gallery East, an art and opening space in Boston?s Leather District that supposing a venue for rising internal bands to perform in front of an all-ages audience. The film is destined by Drew Stone, who was a film vital during Emerson College in a early ?80s. Stone was also a front male for a Mighty CO?s, a rope that achieved during Gallery East.

?All Ages: The Boston Hardcore Film? facilities never-before-seen archival footage and interviews with members of a hardcore scene, including author Michael Patrick McDonald and Newbury Comics owners Michael Dreese, along with a soundtrack by SS Decontrol, Gang Green, Jerry?s Kids, The F.U.?s, and more.

Tickets are $10. A apportionment of a deduction will go to support programming during a West End Museum, 150 Staniford St., Boston. For some-more information, go to www.thewestendmuseum.org.

Superhero kitsch

If Hollywood?s summer blockbusters ?Marvel?s The Avengers,? ?The Amazing Spider-Man,? and ?The Dark Knight Rises? enthuse small some-more than a yawn, maybe your middle superhero needs ?Captain Celluloid vs. a Film Pirates? (1966). It?s nonetheless another problematic cinematic classical dug adult by a super folks during Channel Zero, who call a film a ?weirdest pledge superhero sequence ever made.? It screens, along with a few other oddities and surprises, on Jun 29 at8 p.m. during a Somerville Theatre Screening Room (55 Davis Square). Admission is $5. For some-more information, go to www.channel0.blogspot.com.

Fishing buddies

The DocYard, Boston?s showcase for documentary film, continues a twice-monthly summer module during a Brattle Theatre on Monday with ?Low Clear.? Tyler Hughen and Kahlil Hudson?s film, leader of a Emerging Visions Audience Award during a 2012 SXSW Film Festival, explores a loyalty between dual group during a winter fly-fishing outing in Canada. The screening is during 8 p.m., followed by a contention with Kahlil Hudson moderated by film publisher and writer Erin Trahan. For some-more information, go to www.thedocyard.com or www.brattletheatre.org.


Try BostonGlobe.com currently and get dual weeks FREE.Loren King can be reached atloren.king@comcast.net.

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Sunday, June 17, 2012

Mitt Romney sits for an interview, and not just on Fox News

Mitt Romney sat down for an interview on 'Face the Nation', fielding hard balls not typically thrown at him on Fox News. Meanwhile, Obama strategist David Plouffe darted among four other Sunday talk shows, zinging Romney and defending Obama's controversial moves.

By Brad Knickerbocker,?Staff writer / June 17, 2012

Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures during a campaign stop at Mapleside Farms on Sunday, June 17, 2012 in Brunswick, Ohio.

Evan Vucci/AP

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Mitt Romney threw off his media security blanket Sunday. That is, he sat down for a substantial TV interview that was not hosted by the friendly folks at Fox News.

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Appearing on CBS?s ?Face the Nation,? he faced veteran newsman Bob Schieffer, who peppered him with questions about the economy, immigration, Europe?s financial crisis, and other issues.

It wasn?t exactly the Spanish Inquisition (no verbal water-boarding), nor was it anything like a proper press conference where reporters could tag-team him.

Know your US presidents? See if D.C. Decoder can stump you!

But there were follow-up questions. Three times, for example, Romney ducked answering whether he?d repeal President Obama?s order regarding the children of illegal immigrants brought to this country.

That?s a tough one for Romney, who?s feeling pressure from some prominent Republicans (Jeb Bush,?Marco Rubio, and?Haley Barbour among them) to back away from the very tough line he took on immigration during the GOP primary debates.

Now, he told Schieffer, ?I would work with Congress to put in place a long-term solution for the children of those that have come here illegally.? (On immigration, it seems, he?s sounding more and more like that old softy Newt Gingrich.)

Romney was questioned on another ticklish subject ? Obamacare, the model for which was Romney?s own health insurance program when he was governor of Massachusetts.

With the Supreme Court's ruling on the constitutionality of Obama's health care law expected as soon as Monday, Romney described what he would do if the justices threw it out.

He wants to make sure people "don't have to worry about losing their insurance" if they already have a medical condition and change jobs; that individuals can buy coverage on their own, if they choose to do so, "on the same tax-advantage basis" as companies do; and that states, aided by federal dollars, take responsibility for the poor and uninsured.

Again, that sounds at least somewhat more nuanced than his ?I?d repeal Obamacare on day one? line.

Here?s Romney?s exchange regarding Europe?s financial crisis:

Schieffer: "If the European economy falls apart, the American economy is going to be in big trouble. What should we be doing right now?"

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Saturday, June 16, 2012

THG Giveaway: Win Justin Bieber Tour Tickets!


Justin Bieber will embark on a North American tour this fall, and THG was just wondering:

WOULD YOU LIKE TO ATTEND OPENING NIGHT?

Yes, Beliebers, we're giving away two (2) tickets to the Justin Bieber concert in Glendale, Arizona on September 29 to one (1) lucky reader. They are seats 6 and 7 in section 223 and they can be yours by simply following the steps below...

Justin Biener Album Cover

  1. Follow The Hollywood Gossip on Tumblr. (NOTE: Be sure to turn on the "Ask Me Anything" option so we can contact you with the potentially great news.)
  2. Re-blog our Justin Bieber Tumblr photo.
  3. Include your favorite Justin Bieber song in the caption and.... that's it! You are now eligible to win!

The contest is open to U.S. residents only and we will select a Tumblr follower at random on Monday, July 2. Best of luck, Beliebers.

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An iPad for every student at Grand Island high school

Advice

An iPad for every student at Grand Island high school


GRAND ISLAND, Neb. ? The Northwest Public Schools board voted board voted unanimously this week to provide iPads for all high school students.

The proposal adopted by the Grand Island school board was different from the one discussed in May, which anticipated starting with the high school before expanding to provide iPads throughout the K-12 district. The idea was to move down one grade per year, until students in all grades had an iPad.

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The price cited at the May meeting for a six-year program was $533,000.

The proposal considered this week was to lease 730 iPads for two years at a cost of $154,000.

After the meeting, Northwest Public Schools business manager Sharon Placke said the technology is changing so rapidly that many people thought it did not make sense to commit beyond a two-year lease.

Brian Gibson, technology coordinator for the school district, said iPads have the potential to reduce the cost of textbook purchases.

He said some teachers use a textbook as a guide, but then have students use the Internet or free apps on their iPads to learn the principles being taught in the textbook.

Gibson said Northwest High would be one of about nine central Nebraska schools that will receive iPad training from Educational Service Unit No. 10, which will also reduce costs for the district.

After the meeting, Placke said each student will probably pay a $35 fee for use of an iPad. She said the fee would help defray the cost of buying insurance, called AppleCare, for the iPads. Low-income students who receive free or reduced-price school lunches could request a fee waiver.

Superintendent Bill Mowinkel noted that all students ? regardless of whether they got the fee waived ? would be responsible if their iPads were lost or damaged, just as they are responsible for damaged or lost textbooks.


Copyright ?2012 Omaha World-Herald?. All rights reserved. This material may not be published, broadcast, rewritten, displayed or redistributed for any purpose without permission from the Omaha World-Herald.

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Watergate at 40: So many 'what ifs'

WASHINGTON (AP) ? In the perfect hindsight of history, Watergate's "what ifs" are still tantalizing.

What if a security guard hadn't noticed tape on a door latch outside Democratic headquarters at the Watergate office building.

What if a calculating president hadn't taped his private words for posterity?

And perhaps most intriguing: What if Richard Nixon had simply come clean about the break-in and cover-up and apologized?

Forty years of investigation, reporting, trials, debate and historical research have yielded no simple answer to the central riddle of how a clumsy raid that Nixon's spokesman termed a "third-rate burglary" became a titanic constitutional struggle that ultimately expelled him from office.

"The shame of it all is that it didn't have to be," Stanley Kutler, the dean of Watergate historians, told The Associated Press in an interview. "Had he been forthcoming, had he told his men, 'This is crazy, who ordered this?' ... (He) wouldn't have had this problem."

Of course, Watergate would never have happened had officials at Nixon's re-election campaign committee not responded to his ceaseless demands for dirt on the opposition by hiring E. Howard Hunt and G. Gordon Liddy. The ex-CIA and ex-FBI operatives presented an outline ?codenamed Operation Gemstone ? that included bugging and rifling the files at Democratic National Committee headquarters.

"I was one of those who tried to throw cold water on Gordon Liddy's plans to break in ? and thought I had done so," recalled former White House counsel John Dean. "But I hadn't killed the plans. It came back to haunt us."

Liddy and four others were caught red-handed early on the morning of June 17, 1972 ? actually, the second of two break-ins at the DNC ? when security guard Frank Wills, seeing the taped latch, summoned police.

"The insanity of it and the stupidity of it have never ceased to amaze me," Dean, who's now 73, said in an AP interview. Hunt died in 2007. Liddy, now a conservative radio host, declined an interview request.

While there's no evidence Nixon knew of the burglary plot beforehand, within days he was neck-deep in a conspiracy to hide the burglars' ties to his campaign and the White House. Meeting with top aides, he readily agreed to paying hundreds of thousands of dollars in hush money and urged that the CIA intervene to block an FBI investigation.

Following the money trail eventually led investigators to the truth ? and began a more than two-year legal war involving grand juries, Congress and the Supreme Court and ending when Nixon, facing certain impeachment, resigned from office on Aug. 8, 1974.

With the remove of four decades, it's hard to remember or even imagine the hysteria and high drama of those months, with each twist and turn unleashing a flurry of subpoenas and headlines. One highlight: Nixon telling a news conference "I'm not a crook." Another: the day a White House aide told a televised congressional hearing that Nixon had a recording system that taped phone calls and meetings in the Oval Office and elsewhere.

Former Watergate prosecutor Richard Ben-Veniste says if Nixon hadn't been forced by the Supreme Court to hand over his tapes, with their "smoking gun" of self-incrimination, things might have turned out differently.

"The system worked," Ben-Veniste said. "But the system would not have worked had not the president taped himself."

Why did he do it? In his memoirs, Nixon said he wished his administration to be "the best chronicled in history." But without doubt he also wanted evidence in case someone attacked his decisions or motives.

What the system did, however, is capture him ordering Chief of Staff H.R. Haldeman to get CIA Director Richard Helms to claim national security grounds in blocking block the probe. "Play it tough," Nixon instructed.

The president spent months battling disclosure of conversations like that. But Kutler wonders what if instead, early on, he had adopted a different strategy and made a clean breast of things. Might America have forgiven him?

"One of the mysteries of Watergate is why didn't Richard Nixon come on television, look the camera in the eye ? he was a master of that ? and say, to us, the American people, 'Yes, I had knowledge of this?'," said Kutler, who, after Nixon's death, won a lawsuit for the release of thousands of hours of tapes.

Dean, not knowing he was being recorded, confronted Nixon over the cover-up, warning of a "cancer" devouring the presidency. He cited escalating money demands from the burglars, perhaps $1 million.

"I thought that would stun him. It didn't at all," Dean recalled. "He said I know where we can get that." Dean threw up his hands and went to prosecutors.

In the end, 43 people, many of them senior officials, were either indicted, tried or went to jail because of Watergate. The roster included Nixon's attorney general, chief of staff and domestic policy chief.

Yet the political criminality under Nixon went far beyond the break-in and cover-up. It included enemies lists, tapping the phones of aides and reporters, campaign dirty tricks and even a break-in at the psychiatrist's office of Daniel Ellsberg, leaker of the "Pentagon Papers" study of official lying over the Vietnam War.

Egil "Bud" Krogh Jr., who led the White House "Plumbers" unit and did jail time for the 1971 Ellsberg caper, is convinced that break-in (also carried out by Hunt and Liddy) was the real secret Nixon sought to cover up during Watergate. In retrospect, Krogh wishes that on hearing about Watergate he'd shown "the moral courage ... to go and tell the president what had happened the year before."

"It was a major breakdown in integrity," he said.

Indeed, looking through history's lens it's astonishing that so many top officials, many of them lawyers, did so many illegal things. Burglary. Theft. Conspiracy. Obstruction of justice. "We got across the line not really noticing it," said Dean. Asked what he'd do differently, Dean said he never had a criminal lawyer on his White House staff ? and should have. Every administration since Watergate has.

Yet would any of these roads not taken have saved Nixon? Kutler has his doubts.

In the end, the best ? and only ? explanation for why Watergate led to his downfall may be the president's brooding personality.

"When all the journalists, all the president's men and even the president's enemies fade into the mists of history, we have Richard Nixon left," he said. "That's what we remember."

___

Associated Press writers Bill Gorman in Washington, Carrie Antlfinger in Verona, Wis., and John Mone and Ryan Pearson in Los Angeles contributed to this report.

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Officials agree new Detroit-Canada bridge plan


By JEFF KAROUB

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DETROIT (AP) - The Michigan's governor's office says a deal has been struck to build a new Canadian-financed bridge linking Detroit and Windsor, Ontario.

A summary of the agreement provided Friday morning to The Associated Press says Michigan wouldn't be obligated to pay any of the costs of the bridge. Both countries would be represented on a bridge board, and a Canadian entity would handle design, construction and operation.

Michigan Gov. Rick Snyder and Lt. Gov. Brian Calley plan to join officials including Canadian Prime Minister Stephen Harper for an announcement Friday in Windsor.

The bridge will span the Detroit River south of the existing Ambassador Bridge.

Plans for a Canadian-financed span have been opposed by Ambassador Bridge owner Manuel "Matty" Moroun. His company wants to add a span of its own.


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