I live in Toronto, Canada with my wife and daughter, I'm the founder and president of easyDNS.com - the DNS hosting provider & domain name registrar, a card-carrying Libertarian and former Director to the Canadian Internet Registration Authority (CIRA).
In my copious spare time I blog here about doing business on the internet and play guitar in The Parkdale Hookers, an indie power-pop group who releases all of our music under a creative commons license.
/Toronto tPHwire/ - In a move presaged by Amex and GMAC, The Parkdale Hookers, or TPH have made the requisite filings with the SEC to become a bank holding company. If approved, the Toronto based indie rock group will then request an estimated 3 billion dollars in recapitalization under the Troubled Asset Relief Program, or TARP.
Although an unorthodox move for an unsigned rock group, "the financial crisis has forced everybody to consider their options", a spokesperson for the group told Forbes. The power-pop group known for its three chord guitar rock oriented anthems reported no revenues in fiscal 2008, have no retained earnings, no assets, and no owner's equity on its balance sheet. But the band is estimated to be counterparty to over 7 trillion dollars of derivatives, credit default swaps and leveraged futures.
"Allowing this band to fail will put the entire financial system at risk", the spokesperson continued, "we may wind up under martial law".
Under the band's proposal the group would be recapitalized, and the treasury would take a direct equity stake in the group's forthcoming record, due for release in Q1 09, tentatively titled "Sleazebags in Suits".
We get asked this a alot: Why do you guys not offer whois masking or whois contact privacy?
The brief background on this is: whenever you register a domain name, your contact details are published in a publicly visible database called "whois", where your contact details are instantly harvested by spambots and marketers who proceed to email and postal mail you marketing offers, deceptive "domain slamming" attempts, ads for dubious products, and perhaps even telemarketing calls.
Nobody likes that, so over the years people started resorting to various tactics to protect themselves from the deluge of crap that inevitably comes with simply registering a domain name: throwaway email addresses in whois records, fake postal addresses, fake phone numbers, etc. The problem is, Registrants are obligated under their various end user agreements to provide true and accurate data (not doing so is grounds to lose one's domain), and the US even passed legislation making it unlawful to use fake contact details in a domain name registration.
Our response to this, years ago, was MyPrivacy.ca which protects your email address from being harvested from your whois records, but leaves your other data intact. We didn't see it as a revenue opportunity, in fact we made it free and opened it up to competing registrars, many of whom started recommending it to their customers. We just wanted to drive a stake through the heart of the whois spammers.
It wasn't long though, before many registrars took it a step further and created the concept of "whois masking" or "contact privacy", where all of the domain-holder contact details would be masked from the public whois. Of course, this was heralded as a "value-add" and most outfits charge extra for it.
In today's long overdue post, we're finally revealing why so-called "whois privacy" puts your domains at risk, costs you more and doesn't really protect your privacy.
We get asked this a alot: Why do you guys not offer whois masking or whois contact privacy?
The brief background on this is: whenever you register a domain name, your contact details are published in a publicly visible database called "whois", where your contact details are instantly harvested by spambots and marketers who proceed to email and postal mail you marketing offers, deceptive "domain slamming" attempts, ads for dubious products, and perhaps even telemarketing calls.
Nobody likes that, so over the years people started resorting to various tactics to protect themselves from the deluge of crap that inevitably comes with simply registering a domain name: throwaway email addresses in whois records, fake postal addresses, fake phone numbers, etc. The problem is, Registrants are obligated under their various end user agreements to provide true and accurate data (not doing so is grounds to lose one's domain), and the US even passed legislation making it unlawful to use fake contact details in a domain name registration.
Our response to this, years ago, was MyPrivacy.ca which protects your email address from being harvested from your whois records, but leaves your other data intact. We didn't see it as a revenue opportunity, in fact we made it free and opened it up to competing registrars, many of whom started recommending it to their customers. We just wanted to drive a stake through the heart of the whois spammers.
It wasn't long though, before many registrars took it a step further and created the concept of "whois masking" or "contact privacy", where all of the domain-holder contact details would be masked from the public whois. Of course, this was heralded as a "value-add" and most outfits charge extra for it.
In today's long overdue post, we're finally revealing why so-called "whois privacy" puts your domains at risk, costs you more and doesn't really protect your privacy.
This is quite simply an amazing video clip of Peter Schiff being laughed out of every major financial newsroom from Fox to MSNBC by all the "recognized experts" from 2006-2007 as he was predicting "the worst is yet to come" over the howling protests of talking heads who smugly belittled him at every step:
Simply amazing. Ben Stein predicting a significantly higher Dow Jones next year than now in August 2007 (when the Dow closed at 13,000 much to everybody's chagrin), Mike Norman all but called him a complete idiot. The moronic pundits asking for opinions nodded attentively as the cheerleaders breathlessly predicted massive rebounds in financials, a weaker than usual housing market meant a mere 10% gain in 2008 and this was the singularly best possible time in history to go "all-in" with stocks.
When Schiff opened his mouth the other commentators were audibly laughing at him.
In honor of today's Dow closing under 8,000 for the first time since 2003, I humbly submit that these idiots should watch themselves in this video, publicly apologize for leading their viewers astray, and quit the financial advisory business.
In case I was doubting my going long on oil last week, this cinched it for me:
Lower heating costs predicted
WASHINGTON – The dramatic drop in world oil prices means a break this winter in heating costs, although households will still be paying more than they did last winter, the government says.
For starters, if a panel of government monkeys say "lower heating costs", prepare for the opposite. Always do this.
Next, if households are still going to pay more this winter than they did last winter, then guess what? Heating costs are HIGHER you damn dolts. If this winter's heating costs aren't going to be as brutal as they would have been with $100+ oil, but they're still more than last year, then NEWSFLASH: The cost of winter heating has gone up.
Jeezus, they don't even try to make it sound plausible any more.