Why Is Jerry Yang Still in Charge?

It appears that as I write this, Yahoo has stopped losing it's market share to Google and controls upto 20% of the US market. This means Yahoo has more than twice the search share of Microsoft, making Microsoft's search for a lasting niche in the search market a no go?
And dont forget that Microsoft has been after the search pie (they are still searching) for more than 13 years now, I think they needed Yahoo more than Yahoo needed them, perhaps Yang was thinking the same when he decided not to go along...

Here in Peru, Yahoo's "Start Wearing Purple" campaign hits a different note than it does in the United States. October is "mes morado" (purple month), which is celebrated by devotees of "El Senor de los Milagros," a 350-year-old Christ image who is said to perform miracles for believers. El Senor has survived many earthquakes, and his devotees wear purple robes all month long, as a symbol of their devotion, faith and penitence.

Thus wearing purple has very different connotations here than it does in the U.S.

Hundreds of thousands of people wear purple on October 18, the day of the big processions in Lima. It is said that those who wear purple and follow El Senor will be blessed for the year.

Is Yahoo looking for an economic miracle with its Wear Purple campaign?

See my blog, An American in Lima,
http://americaninlima.com/2008/10/24/yahoo-purple-miraclduring-mes-morado-to-capitalize-on-el-senor-de-los-milagros/

Here in Peru, Yahoo's "Start Wearing Purple" campaign hits a different note than it does in the United States. October is "mes morado" (purple month), which is celebrated by devotees of "El Senor de los Milagros," a 350-year-old Christ image who is said to perform miracles for believers. El Senor has survived many earthquakes, and his devotees wear purple robes all month long, as a symbol of their devotion, faith and penitence.

Thus wearing purple has very different connotations here than it does in the U.S.

Hundreds of thousands of people wear purple on October 18, the day of the big processions in Lima. It is said that those who wear purple and follow El Senor will be blessed for the year.

Is Yahoo looking for an economic miracle with its Wear Purple campaign?

See my blog, An American in Lima,
http://americaninlima.com/2008/10/24/yahoo-purple-miraclduring-mes-morado-to-capitalize-on-el-senor-de-los-milagros/

People on these bogs are fond of saying that the current economic meltdown was caused by Fannie Mae and Freddie Mac underwriting bad mortgages. While Fannie and Freddie obviously are guilty of writing bad mortgages, and worse, guilty of lobbying Congress to allow them to do so with impunity, their actions are just a small piece of the puzzle when it comes to determining who (or what) caused the financial crisis we face today.

In 1929 the stock market crash caused the banks to fail, because the banks were in bed with the stock market. Back then, banks owned investment houses, so when the stock market fell, the banks fell too. This triggered the Great Depression. So in 1933 the Congress wrote laws that regulated banking, making it illegal for banks to own investment companies, mortgage guaranty companies or insurance companies. The idea was to keep key industries separated by a fire wall, so that if one industry failed the whole economy would not go down in flames.

But the Republicans under Bush deregulated the banking industry. Senator Phil Gramm wrote legislation (the Gramm Rudman Act, the Gramm Leach Biley Act, etc.) that stripped away the regulations in the financial and insurance industies. He pushed them through the Republican Congress and they were signed into law by Geo. W. Bush. John McCain voted in favor. Everybody said how great it is to deregulate and create free markets.

Lehman Brothers, Bear Stearns and Merrill Lynch each gave over a million dollars to Senator Gramm's re-election campaign.

The economic collapse that happened later was a direct result of the deregulation, and here's how: the banks wrote bad mortgages, then bundled the mortgages into investment vehicles that they sold all over the world, and they even got firms like AIG to insure the investments. It was all a house of cards.

If there had been no deregulation, sure we would have had a bunch of bad mortgages, and the mortgage guaranty and real estate industries would have suffered, but there would not have been a global financial meltdown, since the problem would have been contained in one sector of the economy. You can thank Geo W. Bush, Sen. Phil Gramm and Sen John McCain for the meltdown, since they were strong proponents of deregulation.

Furthermore, although Fannie and Freddie are now holding the bulk of these bad mortgages, Fannie and Freddie did not originally write most of these mortgages. They bought them after the fact, bundled by banks/investment companies. Fannie and Freddie got screwed by the Wall Street fat cats. And so did you, if you pay taxes.

What is Phil Gramm doing today? He works as a lobbyist in Washington, trying to make it legal for the Swiss bank he represents to sell Death Bonds in the United States. Nice guy, Phil Gramm. Incidentally, John McCain has said that he wants to appoint Phil Gramm as Treasury Secretary. Some people just can't learn from their mistakes.

After 9/11, the US government started rounding up Muslims without cause and without due process of law, like we did to the Japanese Americans in WWII. The Bush administration called it's main internment camp Guantanamo Bay. While there are certainly many guilty terrorists held in Guantanamo, there are also many innocent American citizens who have been held illegally for years without even being charged with any crime. They have been tortured by our government. Some of them have died.

Recently the Supreme Court ruled against the Bush administration in the matter of Guantanamo Bay. The Supreme Court Justices were NOT on the side of the terrorists. They were on the side of the Geneva Convention, that says you can not torture POWs, and on the side of US laws that state you can not imprison a person without charging them with a crime and bringing them to trial. I'm sure that like most Americans, the Justices who voted against the illegal, immoral doings at Guantanamo didn't feel sympathy for the terrorists. They felt sympathy for the laws of AMERICA, the land of the FREE, where even rat finks get a fair trial.

Meanwhile, back in Iraq, the Bush administration is busy trying to build a smokescreen to hide the CRIMES they have committed. Those pesky weapons of mass destruction. Just think, the National Debt went up over 6 trillion dollars under Bush. More than 2 TRILLION of it went directly into the pockets of Halliburton, a corporation owned by the Cheney family. Halliburton is now a DUBAI corporation and therefore is not subject to US taxes. All that money they took out of the US Treasury is going into the coffers of a MUSLIM country.

Did you hear about how the US government is being charged millions for Halliburton deliveries of sand into Iraq from Kuwait? Sand. Like there is a shortage of sand in Iraq? Another contractor shipped sand from Idaho to Iraq at our expense. Nobel prize winning economist Joseph Stiglitz discusses these and other excesses of our current government's out of control spending in Iraq.

Your grandchildren will be working like slaves to pay off this debt, so that the Bushes and Cheneys can live the high life in Dubai.

Yeah, they're patriots, Bush&Co. They wear flag pins. And hide the money they stole from America in Dubai.

And they want me to believe that Obama is a socialist. Right.

In case you think McCain is any different than Bush, watch this:

http://www.youtube.com/watch?v=PdJUCU1UH2w

The U.S has had a bitter pill with Financial Cartels. Why do they want an IT cartel owned and manipulated by Microsoft or Google.Spread out the investment and encourage smaller start up who can give much better returns at a much faster rate. A financial ignoramus from India.

I have one word for this no-good fraud....MORON.....and also for another moron g8crapachino who seems to be in love with Microsoft........hahaha "Microsoft is still around and doing fine..."......that is why they invested millions in stupid advertisements....because they are doing fine....Apple, Google and Firefox are together kicking their butt.....

I have one word for this no-good fraud....MORON.....and also for another moron g8crapachino who seems to be in love with Microsoft........hahaha "Microsoft is still around and doing fine..."......that is why they invested millions in stupid advertisements....because they are doing fine....Apple, Google and Firefox are together kicking their butt.....

WARNING: zato3 and mcsaddlecv are still stuck on a old and tired anti-Microsoft bandwagon. Morons.

I'm sure I'm not the only one who's grown tired of idiots who think they are suddenly smarter or better then everyone else because they posted the same old lame anti-Microsoft rhethoric on the internet. If an article even mentions Microsoft , inevitable some idiot with nothing better to do uses it as an excuse to riddle it with the same banter. After 10 years of all the haters, Microsoft is still around and doing fine. People like zato3 and mcsaddlecv on the other hand have just grown pointless and irrelevent. Time to grow up and move on people. If you want something or someone to hate, focus your attentions on things that really affect you personally, not some corporate entity that doesn't even know you exist.

WARNING: Daniel Lyons is a Microsoft shill. The above article is BLACK PROPAGANDA, written to discredit Jerry Yang and Yahoo, and destroy stock value in preparation for a Microsoft take-over.

JERRY YANG IS A FOLK HERO, EVERY THING MICROSOFT TOUCHES IT DESTROYS! HEY, XP WAS, WELL IT WASN'T OS X, BUT IT WAS O.K. UNTILL IT BECAME VISTA, YOU WANT YAHOO TO BE VISTA? YA'LL NEED TO LEARN TO THINK WITH YER HEART AND NOT YER BANK ROLL!!!!!