Word: worthing
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...film Tinker Bell and the Lost Treasure. Recognizing that its Cinematch system isn't cutting it, Netflix established a $1 million prize for better algorithms, which has already been claimed by a coalition of programmers named BellKor's Pragmatic Chaos. I hope the new system works; it would be worth every penny...
...dealer floor plan all at sea? Darren Plymale, the general manager at Galati Yacht Sales in Tampa Bay, Fla., says many dealers are probably consumed with taking care of their customers and don't have time for the hefty application required. A dealership has to be worth less than $8.5 million to qualify. Plymale's dealership is too large to qualify, but he worries the program is too complex and cumbersome for those who do. "I have some great industry relations, and I don't know anybody that has applied for it and taken advantage of it," he says...
That's why critics don't think the program was worth the effort, questioning if niche industries like boats and RVs deserve the same financing aid as the auto industry. Dean Baker, co-director of the Center for Economic Policy and Research said that although the financing program leaves some of the risk on the lenders, (only 75% is guaranteed by the SBA, not the maximum 90%) it's hard to see what the Administration's goal is and how effective the plan will be over time. "The question is, what exactly do we hope to do with subsidizing this...
...Corazon Aquino's life lent itself to maxims, but two hard-nosed ones seem particularly worth pointing out. First, political sainthood is a gift from heaven with a Cinderella deadline - once past midnight, you are a pumpkin. Second, personal virtues are never a guarantee of effective or successful governance. What was truly shocking about Aquino's tumultuous six-year term as President of the Philippines was that those maxims proved untrue. Midnight always threatened Aquino but never struck; and she was a good woman whose goodness alone, at the very end, was what proved enough, if only by an iota...
...advantage Corzine has is money. Estimated to be worth more than $400 million after leaving Goldman Sachs in January 1999, he spent more than $60 million of his own money in his successful race for the U.S. Senate and an estimated $38 million in his first gubernatorial election, and he is expected to do the same again now (though the market crash hasn't been kind to him; last year he reported a loss of nearly $3 million, and he's also been through an expensive divorce rumored to have cost him tens of millions). Christie, by contrast, has elected...