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(CNN)- With one day to go until the primary, an ugly GOP Senate nomination battle in Delaware is getting even uglier.

The Tea Party Express, the California based national Tea Party organization that's backing conservative candidate Christine O'Donnell, is demanding that Delaware Republican Party Chairman Tom Ross resign.

Ross is supporting former governor and nine-term state-wide Rep. Mike Castle in the contest. In May, at the state GOP convention, the moderate congressman and former two-term governor defeated O'Donnell, a conservative commentator and marketing consultant who ran unsuccessfully for the Senate in 2006 and 2008.

Tea Party Express endorsed O'Donnell earlier this summer and in the past two weeks went up with ads attacking Castle as too moderate. The group says they'll spend at least $250,000 on behalf of O'Donnell. A similar last minute blitz by the Tea Party Express last month was credited in helping conservative candidate Joe Miller top Sen. Lisa Murkowski in Alaska's Republican primary.

Ross has become very vocal in the past two weeks in criticizing O'Donnell and the Tea Party Express's involvement in the race.

Sunday night the Tea Party Express laid out an ultimatum.

"Tom Ross must resign within the next 24 hours or face immediate termination," declared Amy Kremer, Chairman of the Tea Party Express. "As Mike Castle's chief advocate, Mr. Ross has trashed Republican candidates, beliefs and principles, and shown a complete lack of character or integrity. He is a walking disaster who has brought irreparable harm to the Republican Party."

In an email release, the Tea Party Express said they were calling for the resignation in conjunction with a coalition of Delaware Republicans and conservative activists.

In a statement to CNN, the Delaware Republican Party fired back.

"As party chairman, Tom Ross is supporting the candidates that were elected by grassroots Delaware Republicans at the convention in May. A California political consultant who's never lived a day of her life in Delaware and is currently under investigation by the FEC for illegally coordinating with the O'Donnell campaign is the last person who should be calling for anyone's resignation," said Delaware GOP Communications Director Tom Doheny.

The investigation Doheney mentioned refers to a formal complaint the Republican Party of Delaware filed with the Federal Election Commission, accusing one of its own Senate candidates of illegally collaborating with the Tea Party Express. The Tea Party Express denies wrongdoing.

The series of TV and radio ads by the Tea Party Express attack Castle as a liberal candidate who "just keeps supporting the failed policies of Nancy Pelosi and Harry Reid."

The Castle campaign has also fought back.

"Out-of-state interest groups have threatened to spend half a million dollars to fund the disgusting tactics being used by the O'Donnell campaign to make accusations," said Castle campaign manager Mike Quaranta.

Meanwhile, the Castle campaign has launched therealchristine.com, a site devoted to aggregating negative news about O'Donnell. O'Donnell has faced criticism over her personal finance issues and leftover debt from previous, unsuccessful bids for a Delaware Senate seat. She has also been accused of misstating the results of her run against Joe Biden.

The winner of Tuesday's primary will face off in November against New Castle County Executive Chris Coons, the presumptive Democratic nominee, in the battle to fill the final four years of Vice President Joe Biden's final term. Biden stepped down from the Senate after his election in November 2008 as vice president. Former Biden aide Ted Kaufman was named as an interim replacement. Kaufman is not running for a full term.

Follow Paul Steinhauser on Twitter: @PsteinhauserCNN



CNN's Alison Harding contributed to this report

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1. 
   
   
   

   Wow, I just made money. My home value shot up $70k. Mint single-handedly lifts the US out of the recession with this move. Seriously, most real-estate people I've talked with don't agree with Zillows home value calculations. Personally, I'm a fan of Zillow but they value my home much much higher than the previous site Mint used to calculate these values. Moral of the story? Don't worry about your home's value until you sell. Then and only then will you know the true value of your home, at least on that day.

   
   
   

   Posted by: Joel Price |
   September 22, 2010 8:22 AM

   
   
















2. 
   
   
   

   Words of wisdom Joel, words of wisdom!

   
   
   

   Posted by: sasha |
   September 22, 2010 10:30 AM

   
   























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(CNN)- With one day to go until the primary, an ugly GOP Senate nomination battle in Delaware is getting even uglier.




The Tea Party Express, the California based national Tea Party organization that's backing conservative candidate Christine O'Donnell, is demanding that Delaware Republican Party Chairman Tom Ross resign.




Ross is supporting former governor and nine-term state-wide Rep. Mike Castle in the contest. In May, at the state GOP convention, the moderate congressman and former two-term governor defeated O'Donnell, a conservative commentator and marketing consultant who ran unsuccessfully for the Senate in 2006 and 2008.




Tea Party Express endorsed O'Donnell earlier this summer and in the past two weeks went up with ads attacking Castle as too moderate. The group says they'll spend at least $250,000 on behalf of O'Donnell. A similar last minute blitz by the Tea Party Express last month was credited in helping conservative candidate Joe Miller top Sen. Lisa Murkowski in Alaska's Republican primary.






Ross has become very vocal in the past two weeks in criticizing O'Donnell and the Tea Party Express's involvement in the race.




Sunday night the Tea Party Express laid out an ultimatum.




"Tom Ross must resign within the next 24 hours or face immediate termination," declared Amy Kremer, Chairman of the Tea Party Express. "As Mike Castle's chief advocate, Mr. Ross has trashed Republican candidates, beliefs and principles, and shown a complete lack of character or integrity. He is a walking disaster who has brought irreparable harm to the Republican Party."




In an email release, the Tea Party Express said they were calling for the resignation in conjunction with a coalition of Delaware Republicans and conservative activists.




In a statement to CNN, the Delaware Republican Party fired back.




"As party chairman, Tom Ross is supporting the candidates that were elected by grassroots Delaware Republicans at the convention in May. A California political consultant who's never lived a day of her life in Delaware and is currently under investigation by the FEC for illegally coordinating with the O'Donnell campaign is the last person who should be calling for anyone's resignation," said Delaware GOP Communications Director Tom Doheny.




The investigation Doheney mentioned refers to a formal complaint the Republican Party of Delaware filed with the Federal Election Commission, accusing one of its own Senate candidates of illegally collaborating with the Tea Party Express. The Tea Party Express denies wrongdoing.




The series of TV and radio ads by the Tea Party Express attack Castle as a liberal candidate who "just keeps supporting the failed policies of Nancy Pelosi and Harry Reid."




The Castle campaign has also fought back.




"Out-of-state interest groups have threatened to spend half a million dollars to fund the disgusting tactics being used by the O'Donnell campaign to make accusations," said Castle campaign manager Mike Quaranta.




Meanwhile, the Castle campaign has launched therealchristine.com, a site devoted to aggregating negative news about O'Donnell. O'Donnell has faced criticism over her personal finance issues and leftover debt from previous, unsuccessful bids for a Delaware Senate seat. She has also been accused of misstating the results of her run against Joe Biden.




The winner of Tuesday's primary will face off in November against New Castle County Executive Chris Coons, the presumptive Democratic nominee, in the battle to fill the final four years of Vice President Joe Biden's final term. Biden stepped down from the Senate after his election in November 2008 as vice president. Former Biden aide Ted Kaufman was named as an interim replacement. Kaufman is not running for a full term.




Follow Paul Steinhauser on Twitter: @PsteinhauserCNN



CNN's Alison Harding contributed to this report





Comments




Subscribe to comments for this post OR Subscribe to comments for all ReadWriteWeb posts









1. 
   
   
   

   Wow, I just made money. My home value shot up $70k. Mint single-handedly lifts the US out of the recession with this move. Seriously, most real-estate people I've talked with don't agree with Zillows home value calculations. Personally, I'm a fan of Zillow but they value my home much much higher than the previous site Mint used to calculate these values. Moral of the story? Don't worry about your home's value until you sell. Then and only then will you know the true value of your home, at least on that day.

   
   
   

   Posted by: Joel Price |
   September 22, 2010 8:22 AM

   
   
















2. 
   
   
   

   Words of wisdom Joel, words of wisdom!

   
   
   

   Posted by: sasha |
   September 22, 2010 10:30 AM

   
   





















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iLounge news discussing the Weather HD comes to iPhone, iPod touch. Find more Apps + Games news from leading independent iPod, iPhone, and iPad site.

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The housekeeper and Allred will hold a news conference today in Gloria's office at 11 AM PT, "to tell how she suffered as a long-time, Latina household employee in Meg Whitman's home." We're told the housekeeper will be filing a legal ...

Social <b>News</b> Startup Ongo Raises $12 Million From Gannett, NYTCo <b>...</b>

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Meg Whitman&#39;s Housekeeper -- &#39;Explosive&#39; Allegations | TMZ.com

The housekeeper and Allred will hold a news conference today in Gloria's office at 11 AM PT, "to tell how she suffered as a long-time, Latina household employee in Meg Whitman's home." We're told the housekeeper will be filing a legal ...

Social <b>News</b> Startup Ongo Raises $12 Million From Gannett, NYTCo <b>...</b>

Ongo, a news sharing site currently in stealth mode, has raised $12 million from a trio of major newspaper publishers, USA Today reported. It wasn't known if there were other investors besides USAT parent Gannett (NYSE: GCI), ...


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Weather HD comes to iPhone, iPod touch | iLounge <b>News</b>

iLounge news discussing the Weather HD comes to iPhone, iPod touch. Find more Apps + Games news from leading independent iPod, iPhone, and iPad site.

Meg Whitman&#39;s Housekeeper -- &#39;Explosive&#39; Allegations | TMZ.com

The housekeeper and Allred will hold a news conference today in Gloria's office at 11 AM PT, "to tell how she suffered as a long-time, Latina household employee in Meg Whitman's home." We're told the housekeeper will be filing a legal ...

Social <b>News</b> Startup Ongo Raises $12 Million From Gannett, NYTCo <b>...</b>

Ongo, a news sharing site currently in stealth mode, has raised $12 million from a trio of major newspaper publishers, USA Today reported. It wasn't known if there were other investors besides USAT parent Gannett (NYSE: GCI), ...


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personal finance budgets

If you walked into the average bookstore, you'd think that women rule the roost when it comes to personal finance. From Suze Orman's now-classic Women and Money to the more recent (and more colorfully titled) Bitches on a Budget, there's no shortage of do-it-yourself financial advice tailored to women.



Apparently, though, when women make the momentous move from self-help to seeking professional advice about investing and retirement, things go rapidly downhill. A recent study by the Boston Consulting Group revealed that women perceived themselves as receiving wealth management services at a level of quality that is inferior to that received by their male counterparts.



According to the study, women are the key decision-makers when it comes to 27% of the wealth worldwide: that's $20 trillion! But despite the massive chunk of power they wield, 55% of the women surveyed in the study said they felt their wealth manager could do a better job of advising them. Almost a quarter of the respondents said private banks needed "significant improvement" in the services they offer to women.



"The dissatisfaction stems from the unshakable perception that men get more attention, better advice, and sometimes even better terms and deals," according to study co-author Peter Damisch. "We heard this sense of subordination time and time again in our interviews."



This perceived disparity in service arose from several key disconnects in the relationships and communications between women and their financial advisers. Manisha Thakor, Chartered Financial Analyst and women's financial literacy advocate, offers some steps savvy female investors can take to avoid being under-served by their wealth managers and investment advisers:



1. Find your adviser and get your financial education from women-run resources.



The financial services industry is dominated by males and therefore the "DNA is structured around the male experience," Thakor explains, adding that she sees many firms making an effort to change this. Most financial advisers are men, who may not inherently understand the whole-life nature of the average woman's financial plans and needs. They also may have very different communication styles than their women clients.



Thakor recommends women use women-created resources like LearnVest and DailyWorth to educate themselves in order to avoid the intimidation factor when talking about investment products with their advisers. She also encourages women to consult Garrett Planning Network, founded by Certified Financial Planner Sheryl Garrett, to locate a local certified financial planner who works on an hourly-fee-only basis. Taking these steps, Thakor explains, may alleviate the concern expressed by many women in the BCG study that they were not being taken seriously or talked to on the same level as male clients by their financial advisers.



2. Expressly state your ideal career trajectory, then ask how you should alter your investment plans accordingly.



In the BCG study, women stated that their investment advisers fundamentally misunderstood what was actually important to them, and recommended a too-narrow range of inappropriate investment vehicles as a result. Many said their advisers assumed they had a lower risk tolerance than they actually did, or that their advisers focused on short-term results and disregarded their long-term goals, which often included time out to care for a child or parent.



Thakor offers women a script of sorts to remedy this communication disconnect. "Go in and say: "I want to be a mom and I may take X amount of time out of the work force," she advises. Then ask, "How do we adjust how much I need to save and how I should invest to compensate for this?"



3. Start saving early.

It's hard to beat an excel spreadsheet for quickly shifting between a granular and top-level view of your personal finance situation. Here's reader Lauren's account balance spreadsheet she made to keep track of her expenditures, past, present, and future, and itemize her budget.

Download Lauren's Budgeter (XLS)

1. Scroll to the current month.

2. Enter your current balance in the "Starting Balance" box at the top left.

3. Enter your credits and debits on the appropriate dates they will hit your account. Use positive numbers for money getting added credits, and negative numbers for when it's getting taken away.

4. The green "Total" will change to reflect your total overall balance.

Use it as is, compare it to your own, or mod to fit your own needs.

Lauren says it's "quite nifty," and also uses it as a calendar.

Here's the excel code for the totaler for those who like to look under the hood:

TODAY();_8_10)

+SUMIF(_9_10d;"

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This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Childwild.com. This post is part of Book Week at Get Rich Slowly.

Since my twin victories of paying off our last credit card and funding a summer of travel, my husband has begun to show interest in personal finance.

It’s not that he wasn’t supportive of my efforts before — he just preferred to support them from a safe, ignorant distance. A distance from which I handed him an envelope of cash each week to do the grocery shopping, he didn’t ask too many questions, and somehow we were climbing out of debt. He was more than happy to adopt any frugal-living strategy I suggested, as long as he didn’t have to think about the Big Picture.

That system worked, but I longed for more active participation from him. Not only because I wanted us to share equally in the journey toward financial freedom — I do want that — but also for a selfish reason. I wanted him to participate because he’s better at this stuff than I am. He’s a whiz at spreadsheets. The man has a Ph.d in Physical Chemistry. You don’t get one of those without doing a few math problems.

Lately, I’ve been getting my wish. My husband has been talking with a financial advisor at the university he works for, and having clear, honest conversations with me about our money.

This seemed like the perfect time for me to read Mary Hunt’s How to Debt-Proof Your Marriage.

Relationship first

Hunt’s book covers the basics of personal finance and debt destruction, with a special focus on doing it as a couple. Before she even begins talking about financial management, Hunt talks about strengthening the foundations of your marriage. You can’t have financial harmony without emotional intimacy, she says.

I couldn’t agree more. It’s clear in my own marriage that spending time relaxing together on vacation helped my husband and me both chill out and have better conversations during our family finance meetings too.

Hunt and I part ways in the chapters about how to achieve that emotional intimacy, though. She bases her prescription for marital bliss on traditional gender roles. She includes chapters for each sex on how to make deposits in the other’s Love Bank — a metaphorical bank of goodwill made of small, loving gestures.

The Love Bank is an adorable idea, one I’m tempted to put into practice here in my own home. I’m pretty sure I won’t be making my deposits to my husband’s Love Bank by biting my tongue when I disagree with him, though. Likewise, I don’t expect him to express his love for me by bringing me flowers and handling all the tough decisions for me like the natural leader of our family should.

Hunt is a generation (or two) older than I am, and what works for her marriage is so foreign to my young, feminist mind that it was actually a little hard to read. But leaving aside the details of how you get to an intimate marriage, though, she and I agree wholeheartedly that it’s important to get your emotional needs met before you can effectively work together with your spouse to manage your finances.

Money second

The personal-finance half of the book will be familiar to most GRS readers. Hunt advocates an approach similar to Your Money or Your Life and Dave Ramsey’s Total Money Makeover, one that begins with calculating your net worth and tracking your expenses. From there, she covers the basics of setting up an emergency fund, creating a spending plan, and starting a debt snowball (though she uses different terms for these steps).

Like her ideal of a healthy relationship, Hunt’s financial advice seems a little dated in places. A lot of it has to do with how to organize your three-ring binders, or how to painstakingly accomplish by-hand calculations that Mint can do for you in a few minutes. If you’re a devotee of the pen-and-paper approach, though, her chapters on how to track and plan your spending are rock solid and detailed enough to easily follow.

The one thing in this book that made me want to put it down, run to my office, and implement it on the spot was, in fact, her filing system. Hunt takes a few pages to go over exactly what personal records you should be keeping, and outlines an elegant effective way to organize them. I spent an hour tearing apart my filing cabinet yesterday as soon as I read those pages. I may not want my marriage to look much like hers, but I’m delighted to have made over my filing cabinet in Mary Hunt’s image.

Different views

There are a few areas where Mary’s financial advice deviates from the usual Get Rich Slowly formula. One is the matter of the debt snowball. She encourages readers to start saving 10% of their income towards an emergency fund immediately, while still paying the minimums on their credit cards. Only after saving up a fully funded six-month emergency fund would Hunt advise you to roll those savings into your credit card payments.

Given the relative interest rates on credit cards and savings accounts, this approach will almost certainly cost you money. If it works for you psychologically, though, by all means pursue it. No matter what order you do them in, the key steps of tracking your spending, creating an emergency fund, and snowballing your debt payments will lead you to financial security.

Another place where she breaks with conventional wisdom is in her savings and spending ratios. GRS readers are familiar with the Balanced Money Formula that encourages us to use 50% of our money for living expenses, 30% for fun and 20% for savings. Hunt advises 10% for giving, 10% for saving and 80% for spending.

The order of those percentages is vital to her. A devout Christian, Hunt feels that all the money that comes into your life is a blessing from God, and promptly giving 10% of it back to God shows you can be trusted with this blessing, and more of it will come your way.

I’m not a Christian, but I admire Mary’s faith and devotion to charitable giving. It’s a goal of mine to give 10% of my income. I’ve written about that here before, and readers made a persuasive case for waiting until my debts were paid before giving so much away. For now, I give a modest amount and look forward to giving more in the future.

I think that for Hunt, the psychological benefits of giving 10% and saving 10% before you make any spending decisions at all outweigh the financial benefits of paying off your debts as fast as possible and then beginning to accumulate and donate wealth.

It’s an interesting approach, and one that might work for a lot of people. Particularly if you’re a devoted Christian and looking for a personal-finance book that reflects your values, you’ll find a lot of good in How to Debt-Proof Your Marriage. If you’re looking for a book that’s totally focused on financial savvy and relationship skills, though, this might not be your best bet.

Ever since Jane Mayer's recent New Yorker piece earlier this month, much of the media has risen to debate how much influence conservative and libertarian-leaning businessmen David and Charles Koch, the owners of Koch Industries, have in American politics.

Some critics of the article argue that the media cries foul over the Koch brothers, yet largely ignores liberal George Soros, the Hungarian-American currency speculator and stock investor, who has spent millions of dollars on liberal and nonpartisan causes (including the Center for Responsive Politics).

OpenSecrets Blog is here to investigate the numbers behind these bold-faced names in our new feature, Capital Rivals.

For starters, both Soros and the brothers Koch (pronounced "coke") are incredibly rich. And their political endeavors are numerous.

Koch Industries, an oil refiner, is the nation�s second largest private company with about $100 billion in annual revenue. Soros is chairman of Soros Fund Management, a highly successful hedge fund that has provided financial and investment strategies to a variety of funds. As of June 30, 2009, the hedge fund had holdings valued at $4.2 billion.

David and Charles Koch are tied at No. 24 on Forbes top billionaires list with a personal fortunes of $17.5 billion each. Soros is No. 35 on the list with a net worth of $14 billion.

The Koch brothers, Soros and their respective companies have spent millions of dollars on politics, ranging from federal lobbying to candidate support to bankrolling political committees, according to a Center for Responsive Politics review of their political activity.

The Kochs and Soros have also funded think tanks, foundations and political organizations -- money that is sometimes notoriously difficult to track.

These individuals aren�t exactly flying under the radar as the Kochs hold leadership positions and are featured on the websites for the Cato Institute, Reason Foundation and the Mercatus Center among others. Soros also runs the Open Society Institute -- website Soros.org -- as well as the recently created Institute for New Economic Thinking.

Still these individuals have provided major funding to groups that aren't particularly transparent, such as Soros-backed Democracy Alliance, which doesn't provide information on the projects it funds.

David Koch's Americans for Prosperity Foundation has a more detailed website, but it is unclear why Koch is seemingly uninvolved in the similar organization, Americans for Prosperity. David Koch contends that no Koch foundations have provided funding to Americans for Prosperity, the citizen advocacy group organizing Tea Party events around the country. A Washington Post article from January of this year connects the Kochs with the Tea Party movement, citing records of their foundation giving $3.1 million to Americans for Prosperity, but according to the Kochs, this is false, as the money only went to the Americans for Prosperity Foundation.

Below is the Center for Responsive Politics' analysis federal political activity by Soros and the Kochs. Note that while direct political donations are relatively easily to track, it's difficult to create a full compilation of the political groups that these individuals are connected with due to secondary and indirect affiliations. Therefore, the groups listed at the end of the are the most well-known organizations linked to these three individuals.

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ICM's talent department signed Emmy nominee and TV standout (Malcolm In The Middle) Jane Kaczmarek, who had been represented by WME. She's managed by Adena Chawke and Lisa Wright at Greenlight Management. Also joining ICM from WME is ...

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Ways of Making Money

It seems that one of Google’s latest doodles, a homage to the 25th anniversary of the discovery of Buckyballs was, as we suspected, too clever by half. Two, presumably, unintentional consequences have emerged: costing Google’s users money, while making a heck of a lot of cash for the maker of the Buckyballs desktoy overnight.

The way the doodle itself had been designed put a very heavy load on users’ computers, increasing power consumption at a cost to those users, as well as causing many a browser crash. That’s kind of clumsy and, arguably, irresponsible when you consider how many people have Google as their browser’s default start page.

But more bizarrely was another side effect, which surely Google must have anticipated: sending a massive amount of traffic to GetBuckyballs.com, a site that sells the Buckyballs desktoy, described as “a set of building spheres containing 216 powerful Rare Earth magnets that can be shaped, molded, torn apart and snapped together in unlimited ways.”

That’s because clicking on Google’s doodle brought up search results for “Buckyballs”, and GetBuckyballs.com was one of the top results, sending over 2,000,000+ unique visitors to the site and generating 10,000 unit sales in a single day. Which translates to more than $250,000 in revenue, at least according to the announcement the online retailer distributed today.

That’s one way of making your search engine positioning efforts pay off – but it’s certainly a rare occasion to see Google lending such a big virtual hand.

If Apple gets its way, the next big wave of content to hit iTunes might be magazine and newspaper subscriptions.

The Wall Street Journal is reporting that Apple is trying to convince publishers to offer newspaper and magazine subscriptions for the iPad through Apple’s own portal./> id="more-386602">/> Even before the iPad was launched, rumors of this sort of arrangement were already underway. Many of the Western world’s biggest publishers, including Time Inc., Hearst and Condé Nast, released iPad-optimized magazines or newspapers to coincide with the product’s release.

However, magazines have been limited to single issue sales. Some apps notify a user when a new issue is available, but at $4 or $5 an issue, most users are unlikely to forego a print or online subscription for iPad content.

The big holdup with bringing subscriptions to the iPad has reportedly revolved around user data and, of course, money. Publishers often use their subscriber database to better target customers and to entice advertisers. Apple reportedly doesn’t want to give publishers such easy access to customer information.

Additionally, Apple would likely want to take a 30% revenue cut off any subscriptions sold within iTunes, the same as it does for apps, music, books and video files now.

Both of these points are contentious with publishers, who have acquiesced by selling issues individually or are trying to either build apps that are really just portals to subscriber-only websites (à la The Wall Street Journal) or apps like Zinio that are PDF portals of sorts on their own.

Of course, the big promise with the iPad has been that it is an opportunity for publishers to redefine magazine or newspaper content by making it more engaging and interactive rather than just being a facsimile of the print edition.

Publishers who are looking at ways to combat declining print sales may be able to use Apple’s 160-million strong iTunes customer base to help boost sales. That might be worth a trade-off of control and profit.

For Apple, having unique arrangements with publishers to offer compelling subscription content that is auto-delivered to iOS devices could be a big differentiating factor between the iPad and future competing devices.

Apple’s foray into the world of e-books remains small, especially when compared to market giant Amazon.comclass="blippr-nobr">Amazon.com, but the iPad has the ability and the form factor to provide a much more compelling experience for subscription content.

We’ve reached out to several publishers for comment on this story and have not heard back. We’ll keep following this story for future developments.

In the meantime, let us know what you think of iPad-tailored subscriptions for newspapers and magazines. Do you currently read print publications? Would you be more or less likely to subscribe to a tablet-friendly digital version?

For more Apple coverage:

class="f-el">class="cov-twit">Follow Mashable Appleclass="s-el">class="cov-rss">Subscribe to the Apple channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

Google New: It&#39;s Google <b>News</b> About New Google Stuff In One Place

In terms of blog networks, no one ever seems to talk about Google, but they actually have one of the biggest. The search giant has well over 100 blogs devoted to everything from general company news to niche things that only webmasters ...

Real Estate <b>News</b>: Existing Home Sales Rise - Developments - WSJ

Here is a look at real-estate news in today's WSJ.

<b>News</b> Anchor Barbie: &#39;A flair for journalism -- and power pink <b>...</b>

Astronaut Barbie, Newborn Baby Doctor Barbie and Rock Star Barbie, get ready to answer some tough questions asked by journalist Barbie. The 125th -- and newest -- career path for Mattel's 51-year-old doll is news anchor, and she's ...

robert shumake

Google New: It&#39;s Google <b>News</b> About New Google Stuff In One Place

In terms of blog networks, no one ever seems to talk about Google, but they actually have one of the biggest. The search giant has well over 100 blogs devoted to everything from general company news to niche things that only webmasters ...

Real Estate <b>News</b>: Existing Home Sales Rise - Developments - WSJ

Here is a look at real-estate news in today's WSJ.

<b>News</b> Anchor Barbie: &#39;A flair for journalism -- and power pink <b>...</b>

Astronaut Barbie, Newborn Baby Doctor Barbie and Rock Star Barbie, get ready to answer some tough questions asked by journalist Barbie. The 125th -- and newest -- career path for Mattel's 51-year-old doll is news anchor, and she's ...

It seems that one of Google’s latest doodles, a homage to the 25th anniversary of the discovery of Buckyballs was, as we suspected, too clever by half. Two, presumably, unintentional consequences have emerged: costing Google’s users money, while making a heck of a lot of cash for the maker of the Buckyballs desktoy overnight.

The way the doodle itself had been designed put a very heavy load on users’ computers, increasing power consumption at a cost to those users, as well as causing many a browser crash. That’s kind of clumsy and, arguably, irresponsible when you consider how many people have Google as their browser’s default start page.

But more bizarrely was another side effect, which surely Google must have anticipated: sending a massive amount of traffic to GetBuckyballs.com, a site that sells the Buckyballs desktoy, described as “a set of building spheres containing 216 powerful Rare Earth magnets that can be shaped, molded, torn apart and snapped together in unlimited ways.”

That’s because clicking on Google’s doodle brought up search results for “Buckyballs”, and GetBuckyballs.com was one of the top results, sending over 2,000,000+ unique visitors to the site and generating 10,000 unit sales in a single day. Which translates to more than $250,000 in revenue, at least according to the announcement the online retailer distributed today.

That’s one way of making your search engine positioning efforts pay off – but it’s certainly a rare occasion to see Google lending such a big virtual hand.

If Apple gets its way, the next big wave of content to hit iTunes might be magazine and newspaper subscriptions.

The Wall Street Journal is reporting that Apple is trying to convince publishers to offer newspaper and magazine subscriptions for the iPad through Apple’s own portal./> id="more-386602">/> Even before the iPad was launched, rumors of this sort of arrangement were already underway. Many of the Western world’s biggest publishers, including Time Inc., Hearst and Condé Nast, released iPad-optimized magazines or newspapers to coincide with the product’s release.

However, magazines have been limited to single issue sales. Some apps notify a user when a new issue is available, but at $4 or $5 an issue, most users are unlikely to forego a print or online subscription for iPad content.

The big holdup with bringing subscriptions to the iPad has reportedly revolved around user data and, of course, money. Publishers often use their subscriber database to better target customers and to entice advertisers. Apple reportedly doesn’t want to give publishers such easy access to customer information.

Additionally, Apple would likely want to take a 30% revenue cut off any subscriptions sold within iTunes, the same as it does for apps, music, books and video files now.

Both of these points are contentious with publishers, who have acquiesced by selling issues individually or are trying to either build apps that are really just portals to subscriber-only websites (à la The Wall Street Journal) or apps like Zinio that are PDF portals of sorts on their own.

Of course, the big promise with the iPad has been that it is an opportunity for publishers to redefine magazine or newspaper content by making it more engaging and interactive rather than just being a facsimile of the print edition.

Publishers who are looking at ways to combat declining print sales may be able to use Apple’s 160-million strong iTunes customer base to help boost sales. That might be worth a trade-off of control and profit.

For Apple, having unique arrangements with publishers to offer compelling subscription content that is auto-delivered to iOS devices could be a big differentiating factor between the iPad and future competing devices.

Apple’s foray into the world of e-books remains small, especially when compared to market giant Amazon.comclass="blippr-nobr">Amazon.com, but the iPad has the ability and the form factor to provide a much more compelling experience for subscription content.

We’ve reached out to several publishers for comment on this story and have not heard back. We’ll keep following this story for future developments.

In the meantime, let us know what you think of iPad-tailored subscriptions for newspapers and magazines. Do you currently read print publications? Would you be more or less likely to subscribe to a tablet-friendly digital version?

For more Apple coverage:

class="f-el">class="cov-twit">Follow Mashable Appleclass="s-el">class="cov-rss">Subscribe to the Apple channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for iPhone and iPad

robert shumake

Google New: It&#39;s Google <b>News</b> About New Google Stuff In One Place

In terms of blog networks, no one ever seems to talk about Google, but they actually have one of the biggest. The search giant has well over 100 blogs devoted to everything from general company news to niche things that only webmasters ...

Real Estate <b>News</b>: Existing Home Sales Rise - Developments - WSJ

Here is a look at real-estate news in today's WSJ.

<b>News</b> Anchor Barbie: &#39;A flair for journalism -- and power pink <b>...</b>

Astronaut Barbie, Newborn Baby Doctor Barbie and Rock Star Barbie, get ready to answer some tough questions asked by journalist Barbie. The 125th -- and newest -- career path for Mattel's 51-year-old doll is news anchor, and she's ...

robert shumake

Google New: It&#39;s Google <b>News</b> About New Google Stuff In One Place

In terms of blog networks, no one ever seems to talk about Google, but they actually have one of the biggest. The search giant has well over 100 blogs devoted to everything from general company news to niche things that only webmasters ...

Real Estate <b>News</b>: Existing Home Sales Rise - Developments - WSJ

Here is a look at real-estate news in today's WSJ.

<b>News</b> Anchor Barbie: &#39;A flair for journalism -- and power pink <b>...</b>

Astronaut Barbie, Newborn Baby Doctor Barbie and Rock Star Barbie, get ready to answer some tough questions asked by journalist Barbie. The 125th -- and newest -- career path for Mattel's 51-year-old doll is news anchor, and she's ...

Making Money Now

Comments

Subscribe to comments for this post OR Subscribe to comments for all ReadWriteWeb posts

1. 
   
   
   

   One thing you're missing here: Craigslist started charging for the Adult Services section at the request of previous Attorneys General with the idea that adding a charge that required a credit card would curtail the use of the section for illegal activities.

   
   
   

   http://www.scattorneygeneral.com/newsroom/pdf/2009/craigslist.pdf

   
   
   

   Posted by: Collin |
   September 8, 2010 6:04 PM

   
   
















2. 
   
   
   

   Ah! Makes sense. Updating the post. Thanks for bringing that to my attention.

   
   
   

    Posted by: Adrianne Jeffries |
   September 8, 2010 6:14 PM

   
   
















3. 
   
   
   

   I'm baffled as to why craigslist didn't see the profit issue ahead of time. I'm 100% behind them, but raking in millions just doesn't look good, and makes them an easy target. From day one of charging for Adult Services, they should have been giving 100% of that money to organizations that work to prevent sex trafficking and child prostitution, to make it 100% clear that the money was for filtering, not for profit.

   
   
   

    Posted by: Brad Weikel |
   September 8, 2010 6:17 PM

   
   
















4. 
   
   
   

   I think this is a good thing to do for Craiglist. But I bet that some thousands or maybe millions of dollars will be taken out from earnings in the industry with Craiglist ready to censor. LOL. Thanks for the info.

   
   
   

   Posted by: WebHosting Guru |
   September 8, 2010 7:09 PM

   
   
















5. 
   
   
   

   I'm baffled how an article on ReadWriteWeb could miss the obvious question of free speech on the internet.

   
   
   

   What you have here is public officials (facing re-election) using their office as a pulpit, making legal threats they know to be unenforceable, and lying to the media in order to prohibit speech which they know to be legal. State AGs are literally using a public relations campaign to circumvent an Act of Congress intended to curtail their power against just *this* kind of electioneering. That the AGs happen to be exploiting victimized children in their media campaign is almost incidental to the larger attack on the law and Constitution.

   
   
   

   The Communications Decency Act protects electronic publishers from liability for content produced by users of the system. Absent that immunity there could be no Google, no Blogspot, no Facebook, no WordPress.com, no Digg or Reddit, no Twitter and no comments (like this one) on ReadWriteWeb.

   
   
   

   The moralistic campaigns against 4chan and craigslist all lead to one inevitable conclusion: the publishers of ReadWriteWeb will be criminally and civilly liable for the comments of this community.

   
   
   

   Here's a concept that's new: Has anyone ever substantiated the claims that Craigslist has ever been used for child or human trafficking? Is there even one demonstrable case of this occurring? If not, then the site may have just established millions of dollars in damages for a defamation suit against it's detractors. Yes, Craigslist is a public person, that doesn't mean they can't be defamed: they just have to prove damages.

   
   
   

   Posted by: Baffled |
   September 8, 2010 10:04 PM

   
   
















6. 
   
   
   

   Mobile phone carriers should be banned to provide a phone number to prostitutes as they are also making tons of money from an illegale activity.

   
   
   

   Same thing for people selling cloth, sex toys, etc.

   
   
   

   Posted by: idont |
   September 9, 2010 9:21 AM

   
   























I feel we need to support films that send powerful messages to kids about courage, values, and being true to yourself.





If we don't get behind them and support them Hollywood won't make them.





Last summer I had the incredible opportunity to be a part of Rob Reiner's new film, Flipped. It's a story about two 13-year-olds in the early 1960s -- Bryce and Juli -- who live across the street from each other and how they find themselves and each other through the trials of love and friendship.





The story "flips" between the viewpoints of these young characters and, as they grow, their perceptions of each other "flip" as well.





I play Juli's mom in the film, alongside a fantastic ensemble of actors: Madeleine Carol & Callan McAuliffe (the kids), Aidan Quinn, John Mahoney, Rebecca De Mornay, and Anthony Edwards.





Flipped is not just about first love, but about how a young girl teaches a young boy about what's important in life. It's a movie about courage, character, and standing up for what you believe in.





Juli comes from a warm, tight-knit family that's low on money but rich on love while Bryce's family is wealthy but repressed. Bryce learns over time from Juli that life is not about where you come from but what you do and the choices that you make define who you are. Bryce really starts to grow into a young man of character because of Juli and her family.





Based on the beautiful novel of the same title by Wendelin Van Draanen, the film stays true to the story, humor, morals, and life lessons that made the book such a huge hit with adolescents. While the book takes place in present day, Rob chose to set the movie in the early 60's to capture that pre-Vietnam, pre-Twitter/Facebook time of innocence. It makes the film a very nostalgic experience for those who grew up in that period, as Rob did, remembering your first love and how it changed your life. It's also relatable to kids today who are experiencing that now.





Flipped was a real passion project for Rob and he was the perfect man to bring this story to the screen. He tells stories about human beings. You won't find explosions, aliens, or vampires in this movie.





From my experience working with him and counting him as a friend, Rob is a man that really appreciates and respects women and values the immense impact they have on men's lives.





I wanted to reach out through HuffPost's amazing network to all the mothers and grandmothers who want to take their children and grandchildren to see a movie this summer with a message that will surely inspire.





And if you love it, tweet about it!







Flipped is playing now in Los Angeles, Austin and Sacramento. On August 27th it will open in New York, Chicago, Boston, Toronto, and San Francisco. And then, hopefully, in theaters across the country.





This post originally appeared at The Women's Conference.









Cave Story DS on the way? DS <b>News</b> - Page 1 | Eurogamer.net

Read our DS news of Cave Story DS on the way?. ... Email news@eurogamer.net. Related Games. Cave Story WII. Latest Features. Cave Story Review . Cave Story Hands On . Latest News. Upcoming DSiWare/WiiWare titles listed ...

Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>

Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...

Facebook claims 200 million gamers <b>News</b> - Page 1 | Eurogamer.net

Read our news of Facebook claims 200 million gamers.


robert shumake


Cave Story DS on the way? DS <b>News</b> - Page 1 | Eurogamer.net

Read our DS news of Cave Story DS on the way?. ... Email news@eurogamer.net. Related Games. Cave Story WII. Latest Features. Cave Story Review . Cave Story Hands On . Latest News. Upcoming DSiWare/WiiWare titles listed ...

Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>

Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...

Facebook claims 200 million gamers <b>News</b> - Page 1 | Eurogamer.net

Read our news of Facebook claims 200 million gamers.





Comments




Subscribe to comments for this post OR Subscribe to comments for all ReadWriteWeb posts









1. 
   
   
   

   One thing you're missing here: Craigslist started charging for the Adult Services section at the request of previous Attorneys General with the idea that adding a charge that required a credit card would curtail the use of the section for illegal activities.

   
   
   

   http://www.scattorneygeneral.com/newsroom/pdf/2009/craigslist.pdf

   
   
   

   Posted by: Collin |
   September 8, 2010 6:04 PM

   
   
















2. 
   
   
   

   Ah! Makes sense. Updating the post. Thanks for bringing that to my attention.

   
   
   

    Posted by: Adrianne Jeffries |
   September 8, 2010 6:14 PM

   
   
















3. 
   
   
   

   I'm baffled as to why craigslist didn't see the profit issue ahead of time. I'm 100% behind them, but raking in millions just doesn't look good, and makes them an easy target. From day one of charging for Adult Services, they should have been giving 100% of that money to organizations that work to prevent sex trafficking and child prostitution, to make it 100% clear that the money was for filtering, not for profit.

   
   
   

    Posted by: Brad Weikel |
   September 8, 2010 6:17 PM

   
   
















4. 
   
   
   

   I think this is a good thing to do for Craiglist. But I bet that some thousands or maybe millions of dollars will be taken out from earnings in the industry with Craiglist ready to censor. LOL. Thanks for the info.

   
   
   

   Posted by: WebHosting Guru |
   September 8, 2010 7:09 PM

   
   
















5. 
   
   
   

   I'm baffled how an article on ReadWriteWeb could miss the obvious question of free speech on the internet.

   
   
   

   What you have here is public officials (facing re-election) using their office as a pulpit, making legal threats they know to be unenforceable, and lying to the media in order to prohibit speech which they know to be legal. State AGs are literally using a public relations campaign to circumvent an Act of Congress intended to curtail their power against just *this* kind of electioneering. That the AGs happen to be exploiting victimized children in their media campaign is almost incidental to the larger attack on the law and Constitution.

   
   
   

   The Communications Decency Act protects electronic publishers from liability for content produced by users of the system. Absent that immunity there could be no Google, no Blogspot, no Facebook, no WordPress.com, no Digg or Reddit, no Twitter and no comments (like this one) on ReadWriteWeb.

   
   
   

   The moralistic campaigns against 4chan and craigslist all lead to one inevitable conclusion: the publishers of ReadWriteWeb will be criminally and civilly liable for the comments of this community.

   
   
   

   Here's a concept that's new: Has anyone ever substantiated the claims that Craigslist has ever been used for child or human trafficking? Is there even one demonstrable case of this occurring? If not, then the site may have just established millions of dollars in damages for a defamation suit against it's detractors. Yes, Craigslist is a public person, that doesn't mean they can't be defamed: they just have to prove damages.

   
   
   

   Posted by: Baffled |
   September 8, 2010 10:04 PM

   
   
















6. 
   
   
   

   Mobile phone carriers should be banned to provide a phone number to prostitutes as they are also making tons of money from an illegale activity.

   
   
   

   Same thing for people selling cloth, sex toys, etc.

   
   
   

   Posted by: idont |
   September 9, 2010 9:21 AM

   
   























I feel we need to support films that send powerful messages to kids about courage, values, and being true to yourself.





If we don't get behind them and support them Hollywood won't make them.





Last summer I had the incredible opportunity to be a part of Rob Reiner's new film, Flipped. It's a story about two 13-year-olds in the early 1960s -- Bryce and Juli -- who live across the street from each other and how they find themselves and each other through the trials of love and friendship.





The story "flips" between the viewpoints of these young characters and, as they grow, their perceptions of each other "flip" as well.





I play Juli's mom in the film, alongside a fantastic ensemble of actors: Madeleine Carol & Callan McAuliffe (the kids), Aidan Quinn, John Mahoney, Rebecca De Mornay, and Anthony Edwards.





Flipped is not just about first love, but about how a young girl teaches a young boy about what's important in life. It's a movie about courage, character, and standing up for what you believe in.





Juli comes from a warm, tight-knit family that's low on money but rich on love while Bryce's family is wealthy but repressed. Bryce learns over time from Juli that life is not about where you come from but what you do and the choices that you make define who you are. Bryce really starts to grow into a young man of character because of Juli and her family.





Based on the beautiful novel of the same title by Wendelin Van Draanen, the film stays true to the story, humor, morals, and life lessons that made the book such a huge hit with adolescents. While the book takes place in present day, Rob chose to set the movie in the early 60's to capture that pre-Vietnam, pre-Twitter/Facebook time of innocence. It makes the film a very nostalgic experience for those who grew up in that period, as Rob did, remembering your first love and how it changed your life. It's also relatable to kids today who are experiencing that now.





Flipped was a real passion project for Rob and he was the perfect man to bring this story to the screen. He tells stories about human beings. You won't find explosions, aliens, or vampires in this movie.





From my experience working with him and counting him as a friend, Rob is a man that really appreciates and respects women and values the immense impact they have on men's lives.





I wanted to reach out through HuffPost's amazing network to all the mothers and grandmothers who want to take their children and grandchildren to see a movie this summer with a message that will surely inspire.





And if you love it, tweet about it!







Flipped is playing now in Los Angeles, Austin and Sacramento. On August 27th it will open in New York, Chicago, Boston, Toronto, and San Francisco. And then, hopefully, in theaters across the country.





This post originally appeared at The Women's Conference.













robert shumake


Cave Story DS on the way? DS <b>News</b> - Page 1 | Eurogamer.net

Read our DS news of Cave Story DS on the way?. ... Email news@eurogamer.net. Related Games. Cave Story WII. Latest Features. Cave Story Review . Cave Story Hands On . Latest News. Upcoming DSiWare/WiiWare titles listed ...

Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>

Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...

Facebook claims 200 million gamers <b>News</b> - Page 1 | Eurogamer.net

Read our news of Facebook claims 200 million gamers.


robert shumake


Cave Story DS on the way? DS <b>News</b> - Page 1 | Eurogamer.net

Read our DS news of Cave Story DS on the way?. ... Email news@eurogamer.net. Related Games. Cave Story WII. Latest Features. Cave Story Review . Cave Story Hands On . Latest News. Upcoming DSiWare/WiiWare titles listed ...

Google reports 19 acquisitions in 2010 - and more planned | <b>News</b>

Google has confirmed 19 acquisitions since the start of this year, making 2010 its biggest ever in terms of buy-outs. 28...

Facebook claims 200 million gamers <b>News</b> - Page 1 | Eurogamer.net

Read our news of Facebook claims 200 million gamers.

personal financeonline personal finance

Sigma releases SD1 flagship digital SLR: Digital Photography Review

Sigma releases SD1 flagship digital SLR: Photokina 2010: Sigma has announced the SD1 digital SLR, which uses a brand new 46Mp 1.5x crop Foveon X3 sensor (4800 x 3200 x 3 layers). Designed as the company's flagship camera, the SD1 has a ...

Pentax K-5 announced and previewed: Digital Photography Review

Pentax K-5 announced and previewed: Pre-Photokina 2010: Pentax has announced the latest member of its DSLR line-up, the K-5. The new model is based on the Japanese manufacturer's current flagship DSLR, the K-7. Body design and control ...

BillBoard - Blogs - The Buffalo <b>News</b>

The Buffalo News updated every day with news from Buffalo, New York. Links to national and business news, entertainment listings, recipes, sports teams, classified ads, death notices.

robert shumake

Sigma releases SD1 flagship digital SLR: Digital Photography Review

Sigma releases SD1 flagship digital SLR: Photokina 2010: Sigma has announced the SD1 digital SLR, which uses a brand new 46Mp 1.5x crop Foveon X3 sensor (4800 x 3200 x 3 layers). Designed as the company's flagship camera, the SD1 has a ...

Pentax K-5 announced and previewed: Digital Photography Review

Pentax K-5 announced and previewed: Pre-Photokina 2010: Pentax has announced the latest member of its DSLR line-up, the K-5. The new model is based on the Japanese manufacturer's current flagship DSLR, the K-7. Body design and control ...

BillBoard - Blogs - The Buffalo <b>News</b>

The Buffalo News updated every day with news from Buffalo, New York. Links to national and business news, entertainment listings, recipes, sports teams, classified ads, death notices.

robert shumake

Sigma releases SD1 flagship digital SLR: Digital Photography Review

Sigma releases SD1 flagship digital SLR: Photokina 2010: Sigma has announced the SD1 digital SLR, which uses a brand new 46Mp 1.5x crop Foveon X3 sensor (4800 x 3200 x 3 layers). Designed as the company's flagship camera, the SD1 has a ...

Pentax K-5 announced and previewed: Digital Photography Review

Pentax K-5 announced and previewed: Pre-Photokina 2010: Pentax has announced the latest member of its DSLR line-up, the K-5. The new model is based on the Japanese manufacturer's current flagship DSLR, the K-7. Body design and control ...

BillBoard - Blogs - The Buffalo <b>News</b>

The Buffalo News updated every day with news from Buffalo, New York. Links to national and business news, entertainment listings, recipes, sports teams, classified ads, death notices.

robert shumake

Sigma releases SD1 flagship digital SLR: Digital Photography Review

Sigma releases SD1 flagship digital SLR: Photokina 2010: Sigma has announced the SD1 digital SLR, which uses a brand new 46Mp 1.5x crop Foveon X3 sensor (4800 x 3200 x 3 layers). Designed as the company's flagship camera, the SD1 has a ...

Pentax K-5 announced and previewed: Digital Photography Review

Pentax K-5 announced and previewed: Pre-Photokina 2010: Pentax has announced the latest member of its DSLR line-up, the K-5. The new model is based on the Japanese manufacturer's current flagship DSLR, the K-7. Body design and control ...

BillBoard - Blogs - The Buffalo <b>News</b>

The Buffalo News updated every day with news from Buffalo, New York. Links to national and business news, entertainment listings, recipes, sports teams, classified ads, death notices.

personal finance manager

When I first arrived in Japan in 1974, international investors widely expected the country to collapse, a casualty of the overnight quadrupling of oil prices to $12 and the global recession that followed. Japanese borrowers were only able to tap foreign debt markets by paying a 200 basis point premium to the market, a condition that came to be known as “Japan Rates.”

Hedge fund manager, Kyle Bass, says that the despised Japan rates are about to return. There is nothing less than one quadrillion yen of public debt in Japan today. A perennial trade surplus powered high corporate and personal savings rates during the eighties and nineties, allowing these agencies to sell their debt entirely to domestic, mostly captive investors Those days are coming to a close. The problem is that the working age population peaked in Japan last year, and the country is entering a long demographic nightmare (see population pyramids below).

This year, the Ministry of Finance will see ¥40 trillion in receivables, the same figure seen in 1985, against ¥97 trillion in spending. Interest expense, debt service, and social security spending alone exceed receivables. The tipping point is close, and when it hits, Japan will have to borrow from abroad in size. Foreign investors all too aware of this distressed income statement will almost certainly demand big risk premiums, possibly several hundred basis points. That’s when the sushi hits the fan.

To top it all, no one in living memory in Japan has ever lost money in the JGB market, so expectations are unsustainably high. Need I mention that Japan’s Q2 GDP growth came in at an arthritic 0.1 %, not exactly a performance to run up the flagpole?

Both the JGB market and the yen can only collapse in the face of these developments. I know that the short JGB trade has killed off more hedge fund managers than all the irate former investors and divorce lawyers in the world combined. Read about my own recent, futile attempt to sell these markets by clicking here at http://www.madhedgefundtrader.com/august-6-2010.html .

But what Kyle says makes too much sense, and the day of reckoning for this long despised financial instrument may be upon us. How much downside risk can there be in shorting a ten year coupon of under 1%. I have included a breakdown of Kyle’s portfolio below, which you should note, has absolutely no equities anywhere in the world. Is Kyle trying to show us the writing on the wall?

To see the data, charts, and graphs that support this research piece, as well as more iconoclastic and out-of-consensus analysis, please visit me at www.madhedgefundtrader.com . There, you will find the conventional wisdom mercilessly flailed and tortured daily, and my last two years of research reports available for free. You can also listen to me on Hedge Fund Radio by clicking on “This Week on Hedge Fund Radio” in the upper right corner of my home page.

Washington (CNN) - Fresh on the heels of Joe Miller's surprising win over Sen. Lisa Murkowski in the Alaska Republican Senate primary, the Tea Party movement is setting its sights on Delaware.

Now the Delaware Republican Party is taking heed – and taking on – the Tea Party-backed candidate in the state's Republican Senate primary, sparking a war of words between the state's establishment GOP and the Tea Party movement.

It's a race that pits conservative Tea Party favorite Christine O'Donnell against moderate Rep. Mike Castle, Delaware's former two-term governor and lone Congressman since 1993.

Both candidates' campaigns have become increasingly caustic, especially as Tea Party-backed candidates across the country have picked up win after win against GOP establishment candidates.

The Tea Party Express endorsed the conservative O'Donnell in July, and recently committed to spending at least six-figures in the state.

"We are launching an aggressive multimedia and multi-platform campaign to help propel Christine O'Donnell to victory, and we've only just begun," Amy Kremer, Chairman of the Tea Party Express, said in a statement.

The group originally planned to spend about $250,000 on the race, but is now considering expanding their presence with TV and radio ad buys in Philadelphia, said Tea Party Express political director Joe Wierzbicki.

A similar last minute media blitz by the Tea Party Express is credited with propelling Miller – a formerly little known candidate – to victory over Murkowski, the Republican Party-backed incumbent.

The group launched a series of TV and radio ads Thursday that support O'Donnell, and rail against Castle as a liberal candidate who "just keeps supporting the failed policies of Nancy Pelosi and Harry Reid."

It's a move that has the Castle campaign fighting back.

"Out-of-state interest groups have threatened to spend half a million dollars to fund the disgusting tactics being used by the O'Donnell campaign to make accusations," said Castle campaign manager Mike Quaranta.

Meanwhile, the Castle campaign has launched therealchristine.com, a site devoted to aggregating negative news about O'Donnell.

Tom Ross, state committee chairman of the Delaware Republican Party, defended the negative nature of the site. "The stories might not be flattering, but they are factual. ...Sometimes it is necessary to make sure that the facts get out there," Ross said.

O'Donnell has faced criticism over her personal finance issues and leftover debt from previous, unsuccessful bids for a Delaware Senate seat. She has also been accused of misstating the results of her run against Joe Biden.

When asked to clarify her remarks in an interview Thursday with radio host Dan Gaffney of WGMD, O'Donnell seemed to grow increasingly frustrated, and ultimately blamed her statements on a grueling campaign schedule.

Ross, who is backing Castle, said that O'Donnell's history is troubling.

"This is a group and candidate that clearly seem to have a problem with facts. It is shocking that they would come in and support a candidate of Christine O'Donnell's ilk," he said.

"It is sad that the group didn't investigate the candidate that they're supporting… and surprising they would take their supporters' money that they donated and squander it in such a fashion," Ross said.

Ross also questioned whether O'Donnell is capable of pulling off an upset similar to Miller's win in Alaska.

"In Alaska, it was that Joe Miller is an Ivy League grad, a war hero, excellent standing in the community," Ross said. "Look at Christine O'Donnell. She has none of those attributes. She is career politician. She's run unsuccessfully for Senate three times."

Yet, Wierzbicki criticized Ross for dismissing O'Donnell, calling her a true conservative.

" is everything that is wrong with the establishment of the Republican Party. He should be fired for serving to undermine a Republican candidate who stands on conservative principles. It's his job to advance all Republicans in the state of Delaware. Instead he has become a tool for those who wish to thwart the Republican Party platform and turn the GOP into a Democrat-lite outfit. We find him reprehensible and shameless," Wierzbicki said.

Republican Gov. Chris Christie of neighboring New Jersey endorsed Castle Thursday.

The winner will face Democrat Chris Coons in the race for Vice President Joe Biden's former seat.

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Scripting <b>News</b>: Yes, Virginia, there are two ways to read RSS

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This post is from staff writer Sierra Black. Sierra writes about frugality, sustainable living, and getting her kids to eat kale at Childwild.com. This post is part of Book Week at Get Rich Slowly.

Since my twin victories of paying off our last credit card and funding a summer of travel, my husband has begun to show interest in personal finance.

It’s not that he wasn’t supportive of my efforts before — he just preferred to support them from a safe, ignorant distance. A distance from which I handed him an envelope of cash each week to do the grocery shopping, he didn’t ask too many questions, and somehow we were climbing out of debt. He was more than happy to adopt any frugal-living strategy I suggested, as long as he didn’t have to think about the Big Picture.

That system worked, but I longed for more active participation from him. Not only because I wanted us to share equally in the journey toward financial freedom — I do want that — but also for a selfish reason. I wanted him to participate because he’s better at this stuff than I am. He’s a whiz at spreadsheets. The man has a Ph.d in Physical Chemistry. You don’t get one of those without doing a few math problems.

Lately, I’ve been getting my wish. My husband has been talking with a financial advisor at the university he works for, and having clear, honest conversations with me about our money.

This seemed like the perfect time for me to read Mary Hunt’s How to Debt-Proof Your Marriage.

Relationship first

Hunt’s book covers the basics of personal finance and debt destruction, with a special focus on doing it as a couple. Before she even begins talking about financial management, Hunt talks about strengthening the foundations of your marriage. You can’t have financial harmony without emotional intimacy, she says.

I couldn’t agree more. It’s clear in my own marriage that spending time relaxing together on vacation helped my husband and me both chill out and have better conversations during our family finance meetings too.

Hunt and I part ways in the chapters about how to achieve that emotional intimacy, though. She bases her prescription for marital bliss on traditional gender roles. She includes chapters for each sex on how to make deposits in the other’s Love Bank — a metaphorical bank of goodwill made of small, loving gestures.

The Love Bank is an adorable idea, one I’m tempted to put into practice here in my own home. I’m pretty sure I won’t be making my deposits to my husband’s Love Bank by biting my tongue when I disagree with him, though. Likewise, I don’t expect him to express his love for me by bringing me flowers and handling all the tough decisions for me like the natural leader of our family should.

Hunt is a generation (or two) older than I am, and what works for her marriage is so foreign to my young, feminist mind that it was actually a little hard to read. But leaving aside the details of how you get to an intimate marriage, though, she and I agree wholeheartedly that it’s important to get your emotional needs met before you can effectively work together with your spouse to manage your finances.

Money second

The personal-finance half of the book will be familiar to most GRS readers. Hunt advocates an approach similar to Your Money or Your Life and Dave Ramsey’s Total Money Makeover, one that begins with calculating your net worth and tracking your expenses. From there, she covers the basics of setting up an emergency fund, creating a spending plan, and starting a debt snowball (though she uses different terms for these steps).

Like her ideal of a healthy relationship, Hunt’s financial advice seems a little dated in places. A lot of it has to do with how to organize your three-ring binders, or how to painstakingly accomplish by-hand calculations that Mint can do for you in a few minutes. If you’re a devotee of the pen-and-paper approach, though, her chapters on how to track and plan your spending are rock solid and detailed enough to easily follow.

The one thing in this book that made me want to put it down, run to my office, and implement it on the spot was, in fact, her filing system. Hunt takes a few pages to go over exactly what personal records you should be keeping, and outlines an elegant effective way to organize them. I spent an hour tearing apart my filing cabinet yesterday as soon as I read those pages. I may not want my marriage to look much like hers, but I’m delighted to have made over my filing cabinet in Mary Hunt’s image.

Different views

There are a few areas where Mary’s financial advice deviates from the usual Get Rich Slowly formula. One is the matter of the debt snowball. She encourages readers to start saving 10% of their income towards an emergency fund immediately, while still paying the minimums on their credit cards. Only after saving up a fully funded six-month emergency fund would Hunt advise you to roll those savings into your credit card payments.

Given the relative interest rates on credit cards and savings accounts, this approach will almost certainly cost you money. If it works for you psychologically, though, by all means pursue it. No matter what order you do them in, the key steps of tracking your spending, creating an emergency fund, and snowballing your debt payments will lead you to financial security.

Another place where she breaks with conventional wisdom is in her savings and spending ratios. GRS readers are familiar with the Balanced Money Formula that encourages us to use 50% of our money for living expenses, 30% for fun and 20% for savings. Hunt advises 10% for giving, 10% for saving and 80% for spending.

The order of those percentages is vital to her. A devout Christian, Hunt feels that all the money that comes into your life is a blessing from God, and promptly giving 10% of it back to God shows you can be trusted with this blessing, and more of it will come your way.

I’m not a Christian, but I admire Mary’s faith and devotion to charitable giving. It’s a goal of mine to give 10% of my income. I’ve written about that here before, and readers made a persuasive case for waiting until my debts were paid before giving so much away. For now, I give a modest amount and look forward to giving more in the future.

I think that for Hunt, the psychological benefits of giving 10% and saving 10% before you make any spending decisions at all outweigh the financial benefits of paying off your debts as fast as possible and then beginning to accumulate and donate wealth.

It’s an interesting approach, and one that might work for a lot of people. Particularly if you’re a devoted Christian and looking for a personal-finance book that reflects your values, you’ll find a lot of good in How to Debt-Proof Your Marriage. If you’re looking for a book that’s totally focused on financial savvy and relationship skills, though, this might not be your best bet.

From Hotline (HT: Mataconis):

O'Donnell, a perennial conservative candidate in Delaware, is challenging moderate Rep. Mike Castle (R), the clear favorite of the GOP establishment. But she has come under fire recently for her personal financial problems. Reports have surfaced that she owed $10K in back taxes, defaulted on her mortgage and holds outstanding campaign debt.

Levi Russell, a spokesman for the group, told Hotline On Call that the group was not aware of O'Donnell's personal financial problems before it endorsed her.

"We don't know the exact situation," he said.

When asked if the group discussed the issues with O'Donnell, Russell responded: "No we haven't. We don't really have any contact with the campaign or the candidate."

We have blogged before reasons why we support Mike Castle over O'Donnell. But this report raises even more questions, such as:

1. If the Tea Party really stands for fiscal conservatism, why would they endorse somebody who can't even manage her personal finances?


2. Does it give you confidence in the Tea Party that they go around endorsing people without having any contact with the candidate? How do they know that this female version of Harold Stassen is really worthy of such an endorsement?


3. Christine O'Donnell has run for office 4 times. Her sole victory was an uncontested Republican primary.


4. In 2008, O'Donnell lost the Delaware senate race to Joe Biden by 65-35. She later falsely claimed to have won two counties in that race. Biden's percentage of the vote in 2008 was the largest of any of his senatorial campaigns.


5. In 2008, one of the great Democratic landslides, Mike Castle beat his Democratic challenger for Delaware's sole Congressional seat by 23 points. Castle has won 13 consecutive state-wide races as a candidate either for Governor or Congressman. He's way ahead of the Democrat in the polls while O'Donnell trails the Democrat by 10 points.

As a student of Delaware corporate governance, I am firmly convinced that Delaware needs quality representation in Congress if it is to fend off the creeping federalization of corporate law. As a big tent Republican, I'm inclined to support smart, electable, centrists like Mike Castle over someone like O'Donnell. The perfect must not be allowed to become the enemy of the good. Especially when the supposed perfect candidate is pretty seriously flawed and probably unelectable.

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We're trying not to be the type of people who hate change just because it's change.

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