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Monday, October 15, 2007

Australian Federal Election

The Prime Minister of Australia, the Rt. Honourable John Howard MP, has announced the date for the Australian federal election.

Unlike the USA, Australia votes for a new Federal Parliament every 3-4 years as the constitution requires, which means it's not always on the same day and usually at the call of the Prime Minister in power at the time.

The Australian Liberal Party (equivalent to the US Republican Party) is led by the Prime Minister, the Rt. Honourable John Howard, and the Opposition Party by the Honourable Kevin Rudd MP. The opposition party in this case is Australian Labor (equivalent to the US Democrats). The Liberal Party is in power in the federal government.

Currently the Labor Party is in power in every state in Australia, and therefore win by Labor in the Federal Election would effectively mean totalitarian rule across Australia by one political party. This has never happened in Australian politics before.

It is a frightening concept, in which every piece of legislation affecting the states, affecting every citizen, could be rammed through all levels of parliament without any checks and balances.

In the words of the anti-terrorism commercials (parodied here) ... I'm "alert, aware and frightened" beyond belief at this concept.

Australia must remain democratic and free, and not be railroaded into the failed ideologies of the past by the socialist left.

Above all let us all remember that, the Labour party invented "the recession we had to have", had a Prime Minister who described his own country as the "ass end of the earth", and who further described Australia as a Banana Republic. Successive leaders of Labor have continued to live off the ball and chain legacies of past failed Labor leaders. I was forcibly retrenched during the regime of Prime Minister Paul Keating who decided that the country had to have a recession. Not once but three times.

Australians all, let us unite, for we are under threat.

Edit : An anonymous respondent, who resorted to child-like name calling thus suggesting a very low intellect, has corrected my spelling to spell Labor instead of Labour. Mea Culpa. My apologies for offending the name of the opposition party.


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Landing on an Aircraft Carrier


Landing on an Aircraft Carrier

Sunday, October 14, 2007

Hong Kong Phooey - Storm Warning

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Sunday, October 07, 2007

The Wi-Fi Detector T-shirt

This t-shirt is actually no normal tshirt. Its a “Wi-Fi Detector Shirt” which actually displays the signal from 802.11b/g with glowing bars on the front.It doesnt actually check for open networks which would make this a killer product…but its still pretty damn cool in a geek way!

read more | digg story

Saturday, October 06, 2007

Is SuperWall Worth $10 Million?

Rock You CEO Lance Tokuda has told the New York Times that in regards to his SuperWall application, "If you told me you were going to write me a check for $10 million, I'd say, 'Forget it.'" If you valued applications based on adonomics, who values the application at close to $12 million, that may not sound like a bad idea. Unfortunately though, the risk exposure for SuperWall is insanely high. For an application which is not extremely complicated, this valuation might seem a little ridiculous.

Can we say "Facebook Bubble?" Facebook has slowly added some of the features of the SuperWall application and there is nothing stopping them from adding more. On the other hand, Facebook will have a few big enemies if they decide to screw over some of the most valuable application developers. Facebook has already integrated a few features that other applications have delivered but none of the changes have eliminated large applications yet.

 
 

Sent to you by Peter via Google Reader:

 
 

via All Facebook by Nick O'Neill on 10/4/07

Rock You CEO Lance Tokuda has told the New York Times that in regards to his SuperWall application, "If you told me you were going to write me a check for $10 million, I'd say, 'Forget it.'" If you valued applications based on adonomics, who values the application at close to $12 million, that may not sound like a bad idea. Unfortunately though, the risk exposure for SuperWall is insanely high. For an application which is not extremely complicated, this valuation might seem a little ridiculous.

Can we say "Facebook Bubble?" Facebook has slowly added some of the features of the SuperWall application and there is nothing stopping them from adding more. On the other hand, Facebook will have a few big enemies if they decide to screw over some of the most valuable application developers. Facebook has already integrated a few features that other applications have delivered but none of the changes have eliminated large applications yet.

Facebook may be forced into a position where they acquire applications or face a serious PR disaster. Right now, the SuperWall application could be generating millions of dollars annually but risk exposure is the primary factor that would reduce future projected cash flows (something that Henry Blodget likes to use when valuing companies).

If I was Lance, I'd sell the app for that price. Good luck finding an investor who will give you that much money though for this application. Would you sell the app?


 
 

Things you can do from here:

 
 

Virgin Galactic Preps for Liftoff at World's First Commercial Spaceport

Virgin Galactic Preps for Liftoff at World's First Commercial Spaceport

The New Mexico Spaceport Authority's design for Spaceport America -- the world's first public launching and landing site for space vehicles -- includes a passenger terminal and a hangar big enough for seven craft.

Thursday, October 04, 2007

20 tips to get more juice from your laptop battery

When there are no power outlets in sight there's nothing more frustrating than a dying laptop battery. We've all been in that situation where we have a couple hours of work left to finish but our battery life is only estimated to last one more. Good news. Often times these situations can be avoided by optimizing the battery performance...

read more | digg story

LG unveils Voyager to "kill the iPhone"

WATCH OUT...It's the iPhone Killer. MMM maybe not!

read more | digg story

3,200 South African miners trapped a mile underground!

A falling pipe has badly damaged a mine shaft in South Africa, trapping 3,200 miners more than a mile underground, Bloomberg is reporting.

read more | digg story

Facebok Feeding

I've added the blog's feed to Facebook so now you can read whats happening on the site from my profile as well.

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