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Howdy, I'm MG Siegler. I’m a general partner at CrunchFund and a columnist for TechCrunch. This is where I collect things.

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$75.876 Billion Vs. $73.768 Billion

One of these numbers represents the cash reserves of an entity that is perhaps the most well-oiled, fine-tuned money-making machine the world has ever seen.

The other represents the operating balance of a long-time power that is now a broken machine constantly tied down in bureaucracy. 

(No, not Google.)

Tags tech apple politics money

The idea seems to be that if the House GOP refuses to raise the debt ceiling, a default crisis or gradual government shutdown will ensue, and the public will turn en masse against … Barack Obama. The Republican House that failed to raise the debt ceiling would somehow escape all blame. Then Democrats would have no choice but to pass a balanced-budget amendment and reform entitlements, and the tea-party Hobbits could return to Middle Earth having defeated Mordor.

Who said it: Democratic Vice President Joe Biden or Republican Senator John McCain? (via life)

Democrat or Republic or Neither, I think we can all agree this quote is pretty awesome. 

Tags politics lord of the rings

Reblogged from Mike Hudack  Source life

White House economic adviser Larry Summers tells a story about the economic summit in Little Rock after the 1992 election. In the thousands of pages of briefing papers and policy briefs, one word didn’t appear: Internet.

The Comeback Country. It’s the things you can’t imagine that change everything.

Tags politics internet