Adam S. Brooks

technologist / geek . entrepreneur . marketer . presenter / speaker . developer . consultant . innovator . educator . community advocate . author . adambrooks.org

“As the economy turns around, companies

“As the economy turns around, companies will have to work harder to retain talented employees.” http://ht.ly/frrZ1

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The Business of Innovation – the courage to push the boundaries

Innovation begins and ends with people, individuals who have the courage to push the boundaries. It also requires a corporate culture that nurtures and rewards creative thinking, where people feel comfortable enough to voice new ideas, no matter how small. That is where successful leadership comes in. A skilled and innovative leader must be a fearless visionary committed to backing bold ideas. Read More + Watch The Video

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N.C. web site to track how money from the federal economic stimulus bill will pay for projects

N.C. Gov. Bev Perdue has launched a Web site to track how money from the federal economic stimulus bill will pay for projects in North Carolina. The site, ncrecovery.gov, also will provide information about local contract and grant opportunities. More

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The U.S. recession appears to be picking-up steam

The latest reading on the economy showed that the gross domestic product shrank at a rate of 3.8 percent in the fourth quarter, the worst result since 1982. The slide wasn’t as bad as the nearly 6 percent drop many forecasters had been expecting. But the better-than-expected performance was the result of a build-up of unsold inventories — which means businesses will have to cut production that much further to cope with the rising backlog of unsold goods. The report was just one more indication that as the recession has spilled over into the new year, it may be picking up speed. Read More

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Forget Retirement – Work Unity You Drop (unless your a high-level bank executive)

There is a major social and cultural message in the current economic collapse for the future retirees of America: Forget retirement.  That’s right. The recession is making clear what we’ve suspected for a long time. The concept of not working and embracing leisure for the last third of one’s life isn’t practical for most people. Put it this way: Survey after survey has shown that a majority of aging baby boomers plan on working in retirement. Well, that plan is coming true. Read More

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Timeline of U.S. Unemployment Rates

Really, this is a pretty interesting US map of unemployment rates.  Keep an eye on it. View it!

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Is this the Great Depression v2.0?

By every measure — lost jobs, plunging stock prices, scarce credit and a profound loss of confidence in the banking system — the economy is in awful shape. The nation’s 11th recession of the postwar era began in December 2007 and easily could become the longest since the Great Depression, although most forecasters expect a weak recovery to begin in the second half of this year. But what are the odds that we’re the early stages of what will eventually become a depression rather than just a recession? Read More

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JPMorgan 2008 paints a bullish picture for major Internet stocks

JPMorgan’s Internet analyst Imran Khan and his team released a massive 312-page report this morning titled Nothing But Net that paints a bullish picture for the major Internet stocks (Google, Amazon, Yahoo, eBay, Expedia, Salesforce.com, Ominiture, ValueClick, Monster.com, Orbitz, Priceline, CNET, etc.). [Read More]

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Bank of America sells stake in China Construction Bank

Bank of America Corp. raised more money Wednesday to cope with U.S. economic turmoil by selling part of its stake in China Construction Bank Ltd., China’s second-biggest commercial lender, for $2.8 billion. read more

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New York State Considers New Tax on Downloadable Content

New York state governor David Paterson is considering a new tax on downloadable content, in order to cover a $15.4 billion budget gap. As reported by the New York Daily News, Democrat Paterson is proposing 88 new fees, including taxes on the sale of downloadable music and other "digitally delivered entertainment services." The proposal still needs legislative approval and has been suggested as a means to avoid broader income tax increases. Read More

As tax bases dry up, politicians will look for new ways to make money. The Internet has generally been immune but it’s coming soon. Mark my words, this will be the another step toward taxing all online and mail order purchases. AB

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