Thursday, December 30, 2010

Making Money Off Youtube



An Open Letter to the Lesbian, Gay, Bisexual, and Transgender Youth of America:



Hold tight for a little while longer, kid. It gets better.



There. That's what I've got so far.



"The Huffington Post would like you to write an 'it gets better' piece," said the email I got a few weeks ago from Katie, the publicist for the new Sundance Channel series Girls Who Like Boys Who Like Boys, in which I appear (as a boy who likes boys) along with my best friend Sarah (as a girl who likes, etc.).



(To bring you up to speed, just in case: In response to the recent publicized rash of suicides by gay middle school, high school, and college students--at least eight kids dead in less than a month--author Dan Savage and his husband Terry Miller filmed a terrific YouTube message to American kids who are bullied or abused or rejected or beaten up or made to feel like outsiders because of their sexuality. Savage and Miller hated their lives in high school, they explain, but the day they finished, their lives changed, immensely, for the better. They were making this video, they said, to tell you, Hold tight for a little while longer, kid. It gets better. The video obviously sparked something in the national consciousness, because, within days, thousands of people across the country were sending similar--and similarly beautiful--messages to http://itgetsbetter.org; they're sending them still.)



"Great!" I typed enthusiastically back to Katie, sat down, and started to write.



Many of the it-gets-better videos, I'd noticed, began with a recounting of the difficulties the speaker(s) faced when he or she was or they were the age Billy Lucas was when he killed himself on September 9, the age Cody J. Barker was when he killed himself on September 13 (fifteen), the age Seth Walsh was on September 19 (thirteen), the age Tyler Clementi was on September 22 (eighteen), Asher Brown on September 23 (thirteen), Harrison Chase Brown on September 25 (fifteen), Felix Sacco and Raymond Chase on September 29 (seventeen and nineteen). I knew this would not be hard. Thirteen? Fifteen? I had known I was doing something wrong from the age of six, when the Jewish Community Center summer camp counselors said I wasn't allowed to sign up for needlepoint and flower arranging and stuck me in gymnastics instead, though to be fair my front handspring is even today a thing to be proud of.



Growing up, I felt like an alien from outer space, stranded on this planet with the half-finished first draft of a guidebook in a language I didn't speak.


So far, so good, I thought. I am a brilliant writer!



I was more or less okay until seventh grade, at which point things began to come apart. I didn't understand why Winslow Barnett snickered when I walked into the boys' locker room for PE wearing my purple bow tie and my fabulous bright green pants with the white piping down the side, but I knew that it was not his intention to convey approbation of my fashion sense. I didn't see why it should be cause for concern to anybody when I started writing all my in-class history exams on pink paper in green ink, with circles over the "i"s, but I didn't need to see that to interpret the look Mr. Somerville gave me when I handed them in. It was a mystery to me why my mother's face fell when I used my birthday money to buy a pair of floppy bunny ears, but I knew enough to wait until I went away to summer camp to start wearing them.


Hmm. Something seems off, I thought as I sat back and reread what I'd written. I probably need chocolate. I went to the bodega on the corner, bought some M&Ms, ate them on the way back home, and sat down at my computer again.



By the time I was fifteen I'd figured out what was really going on, so I went to the library, checked out all the books I could find on being gay, and left them on the kitchen table, which in retrospect might not have been the best way to come out to my parents but it got the job done. They nixed the green ink and the bow ties and forbad me to see the one other openly gay person I knew, a man who ran a chocolate store not far from my house and who had been playing a very effective fairy godmother to my Cinderella; when I defied them and saw him anyway, they grounded me for a year, not that I had any friends with whom I would have spent my time anyway. In the meantime school got trickier to navigate; I can't remember the name of the kid who intercepted the note I passed to Kathy Weld during first-period French about George Lindenmayer, but my face flushes still when I remember having my own lovestruck mooning quoted sneeringly back to me as I passed him and his friends in the hall for the rest of the week. They'd translated the French badly but that was cold comfort.

But it got better. It got much, much, much better.


It's not the chocolate, I realized.



The problem was that I had had it easy.



I was pretty fey, to be sure, but I never flouted gender norms in any significant way for any significant length of time, so I was never the target of constant bullying; furthermore, I went to a fancy-schmancy private school where the shoving match Kinsey Huggins got into with Chad Rawe during the break before Latin II one Tuesday was the talk of our ninth-grade class for weeks, so what bullying I was subjected to was relatively de bon ton. While Winslow Barnett's snickering and that of the kid whose name I can't remember may therefore have stabbed me to the heart, they were small potatoes compared with the bullying some of you go through every day. Nobody ever filmed me having sex without my permission and live-streamed it online. Nobody ever pulled my chair out from under me and told me to go hang myself, and I never seriously considered doing so. Nobody ever kicked me down a flight of stairs. And sure, my parents' reaction when I came out to them was ridiculous, but they were still civil rights workers; I'm sure the idea of throwing me out of the house never occurred to them, unlike the parents of many of the 40% of homeless kids who are gay, lesbian, bisexual, or transgender. And they could no more have beaten me senseless than they could have campaigned for public office as segregationists. I had no reason to run away.



I mean, really. A few of my classmates laughed at me? A teacher thought I was weird? That was the best I could come up with? My parents overreacted to something and grounded me for an unreasonably long time?



Cry me a fucking river.



Okay, I thought, unnerved. Remember, I am a brilliant writer. I'll just leave this alone for a few days and see what my fecund brain comes up with.



"Sarah's piece was posted yesterday," Katie's next email said. "Do you know when we can expect yours?"



"I'll get it to you any day now!" I wrote back. "☺," I added, in hopes of keeping her from getting angry at me.



Why don't I just keep writing, I asked myself rhetorically, see where I end up, and then go back and fix the beginning later? "But it got better," I deleted and retyped three times. "It got much, much, much better."



I went away to college, where I felt free for the first time in my life. I did well and had a great time and made friends for whom I would even today drop whatever I was doing and fly halfway around the world if they asked and if my debit card permitted. I moved to New York and went to grad school, made some more of the same kind of friend, joined a cheerleading squad, learned to knit, taught step aerobics, danced as a go-go boy, taught math to elementary-school kids, went to gay summer camp, wrote some musicals, saw a few of them produced, wrote some books, saw a couple of them published, dated some boys, had sex with a lot more, got a dog, moved in with one of the boys, got another dog, married the boy, and somewhere along the way became myself and watched as the world made room for me.

And today, the day before Thanksgiving, as I write this on the downtown 3 train, trying to figure out what kind of pie to bake to bring to my mother-in-law's tomorrow for dinner, I look back at my 13-year-old self and am filled with gratitude that he held tight.

Hold tight for a little while longer, kid. It gets better. I promise.


And I read what I had written and I was like, oh, fuck me. I might as well have ended it, "and they all lived happily ever after."



I mean, every word of what I'd written was true, I promise you that. But there was so much I'd left out, like the couple years during my early thirties when I did want to kill myself, desperately--my fantasies went back and forth weekly between jumping in front of a subway train and overdosing on prescription medication--for reasons that had nothing whatsoever to do with my sexuality or anybody's response to it. Or like the heartbreak that having musicals produced and books published tends to bring one instead of making one happy, and like the fact that these enterprises have earned me less money than I would have made temping--enough less, actually, that I lie awake at night figuring out which companies and utilities are least likely to descend upon my credit rating like avenging Furies if I don't pay them this month.



And like the fact that, unlike some gay people, I've never walked into a sex club full of men fucking each other--I mean, I've walked into a sex club full of men fucking each other; Mary, please--but I've never walked into a sex club full of men fucking each other, been approached by none of them, and had to assume it was because they were white and I wasn't. And that, since both I and my body are male, I've never dated somebody who seemed like the perfect man, revealed to him that I was biologically female, and had to grab hold of a credenza so as not to be sucked into the vacuum created by his instant departure. And that, as somebody attracted only to one sex rather than to both, I've never been mocked both by straight people for liking boys and by gay people for liking girls too, and left in the end with no community at all willing to accept me. And that one night a couple months ago in New York three gay men were beaten, slashed, burned with cigarettes, and sodomized with a baseball bat and a toilet plunger; I don't know what their adolescent years were like so I can't say for sure that this wasn't a step up, but I have a hard time believing that at this moment they feel it's gotten better.



Or like the fact that much of the time I still feel like an alien from outer space, stranded on this planet with the first draft of a half-finished guidebook in a language I don't speak.



Which struck me as a lot to leave out, so I deleted the whole thing and wrote a new piece about all this and the cry-me-a-river stuff and I showed it to my friend Sarah and she was like, "You're kidding, right? This might as well be called, 'I Wish I'd Had it as Bad Off as You When I Was Your Age So I Could Have Just Killed Myself Then.' "



This seemed unwieldy as a title, so I scrapped that version too.



Which is how I find myself here, terrified that Katie will hate me because I have no idea what to write. "Maybe It Gets Better"? "It Sort of Gets Better, Unless it Doesn't"? "Congratulations! It May Already Have Gotten Better!"?



And yet I think there is something true, deeply true, in what these "it gets better" messages communicate; I think it does get better. It's just that "better" doesn't necessarily mean that the day you graduate from high school and leave your podunk town somebody is going to be waiting there to hand you a gorgeous boyfriend, a great job, and a puppy. Certainly this may happen, and if it does then please don't tell me because it will make me hate you and cry. But things are probably going to unfold a little differently. The boyfriend may prove elusive. You may get stuck in a frustrating job. You may live in a no-pets building.



But here are some things that are definitely going to happen:



First, the world is going to get bigger. Right now, the only territories you can inhabit without anybody's permission are your house and your school. If you're anywhere else--at the mall or the movie theater or the beach, whatever, I have no idea where you kids spend your time these days--you're there on the sufferance of your parents and any adults who happen to be around. Fuck up and display your real self for a moment, and the next thing you know you're sitting in front of somebody in a tie who expects you to be ashamed of yourself.



When you finish high school, you get to leave this dynamic behind. (Oh, there'll be no shortage of people in ties expecting you to be ashamed of yourself, but you can tell them to go fuck themselves, and there's no such thing as detention in real life. There's prison, of course, but usually you have to do more than tell somebody to go fuck himself to end up there.)



If you go every day to a place where idiot cretins bully you, then when you finally get sick of it you have the choice to go somewhere else instead. Somewhere else might be another job, it might be your own place in New York or some other metropolis, it might be a shelter in whatever town you can get a bus ticket to or walk to, but the point is that if life sucks where you are, you're allowed to leave.



The second thing that's going to happen is that, because the world is going to bigger, other people will stop mattering so much. Right now your entire life has forty people in it, or two hundred, or however many are in your class, plus your parents and a handful of other people. If one person is mean to you, that's a pretty large percentage of your world; if that person is popular, then probably a bunch of others follow suit, and before you know it half the people in your life hate you. If half the world is bullying you, mistreating you, ignoring you, insulting you, and abusing you, what other conclusion can you reach but that you deserve to be bullied, mistreated, ignored, insulted, and abused?



Well, when you leave high school, the population of your world increases by several billion, and, if people you spend time with are bullying you, you can recognize them as assholes and find other people to spend time with. Depending on your circumstances, you might find more or fewer of them, and they might be easier or harder to find--but no matter what they'll be the people you choose to allow into your life. If you're lucky, you'll find some wonderful close friends, as I have, but if you're not as lucky, and find yourself in a group of people who hinder you from becoming the person you want to be, you can dump them and get some new close friends, because as it turns out the planet is covered in stranded aliens, and chances are good that if you meet the right ones and put your guidebooks together with theirs you'll find some of the answers you're looking for.



But in the end, no matter where you go or who you encounter there, here's what it comes down to: when you reach eighteen, you become the only person allowed to decide anything about what you do with your life (unless, again, you are in prison, where issues of sexuality become very different). Nobody else has the right to decide where you live, who you live it with, what you do with your time. There are practical limitations to these questions, and you will face obstacles in life after high school--Tyler Clementi was a freshman in college, Raymond Chase a sophomore--but you won't need to get anybody else's permission to try to overcome them.



There's one last thing to say, which is that leaving, though it's what many if not most of us have done, isn't your only option. If the nearest town with any LGBT services is a four-hour drive away and your family has no car, or if you're caring for an ailing parent, or any of a thousand other reasons, or you just feel like staying put, the world can still get bigger--if you make it bigger. And if you're going to finish that guidebook on your own, you might as well start now.



Get in touch with the American Civil Liberties Union LGBT Project (http://aclu.org/safeschools) and sue your goddamn school; there are a lot of things wrong with this country but at this moment one thing that's very right about it is that when kids like you are in trouble and nobody does anything about it and the ACLU and other LGBT rights organizations find out about it, a lot of people around the country get very upset, and often things change for the better. Or talk to somebody at Parents and Friends of Lesbians And Gays (http://pflag.org) about how to get your parents to support you. Or file a complaint with the federal Office of Civil Rights (http://community.pflag.org/claimyourrights). Or contact the Gay, Lesbian, and Straight Education Network (http://www.glsen.org/cgi-bin/iowa/all/student/index.html) and start an anti-bullying program so your pathetic Neanderthal classmates can learn that there are other ways to assuage their existential confusion and terror than by beating you up. Or all of the above, or something else that nobody has thought of yet. You have the power to make it get better, and there are a lot of people out here who are on your side, and all you need to do to get their help is ask them for it. And the great thing about asking them for it is that, with their involvement, you can help it get better not just for you but also for other kids like you.



Taking action may or may not be the right choice for you. But either way--and I think this may be what I need to give Katie--there's one thing that you can and should do, no matter who you are, no matter where, no matter what your circumstances:



Hold tight for a little while longer, kid.



It gets better.



Sincerely yours,



Joel Derfner



P.S.: If you're thinking about killing yourself or you just feel alone or want somebody to talk to, please, please, please call the Trevor Project, a 24-hour hotline just for LGBT youth, at 800.488.7386 (800-4-U-TREVOR). If you're homeless, then you've already learned much of the above, tragically early, but it can get better for you, too; there are people out here who want to help you, and you can find a list of supportive, welcoming resources for LGBT homeless youth all over the country at http://aliforneycenter.org/resources.html. And if anything I've written here speaks to you, you should go to your local public library and check out my book Swish: My Quest to Become the Gayest Person Ever and What Ended Up Happening Instead, which some LGBT kids have told me has helped them see how it can get better. If your library doesn't have it, email me at joel@joelderfner.com and I'll try to send you a copy, or, if you don't want to risk being seen holding a book with such a title, email you the manuscript.











The following is an article from Uncle John’s Heavy Duty Bathroom Reader.


If you’re a fan of cheesy films like Manos: The Hand of Fate, Plan 9 From Outer Space, and Troll 2, you’ll love this one. Uncle John saw it last when our local Bad Film Society screened it, and as he was watching, it occurred to him that it actually gave new meaning to the word “bad.” (But somehow he couldn’t stop talking about how great it was.)


THE SIX MILLION DOLLAR MAN


On June 2003, a film called The Room premiered in a handful of Los Angeles theaters. It’s the story of a love triangle between Johnny, a banker; Lisa, his girlfriend; and Johnny’s best friend Mark. The film was the brainchild of Tommy Wiseau, the actor who plays Johnny. Wiseau wrote, directed, produced, and distributed the film. He financed The Room, too, shelling out $6 million of his own money to make it, plus thousands more on print and TV ads and a single giant billboard overlooking busy Highland Avenue in Los Angeles.


The Room was Wiseau’s first feature film. He hoped to use it to launch a Hollywood career… but all he succeeded in doing was blowing $6 million in record time. The Room played to nearly empty theaters for just two weeks before it was yanked from the screen; in that time it had grossed only $1,900, not enough to cover even one month’s rent on the Highland Avenue billboard. Put another way, for every million Wiseau spent, The Room earned less than $320, making it one of the worst box-office flops in history.




(YouTube link)


CITIZEN PAIN


Is there anything about The Room that isn’t bad? The acting is stunningly incompetent- none of the actors had ever had a major film role before, and Wiseau was incapable of providing decent direction. And the love scene between Johnny and Lisa is creepy (picture a Troll doll having its way with a seat cushion, except that Lisa is the cushion). Wiseau recycles the footage in a second love scene 20 minutes after the first, so you get to watch it twice.


As a screenwriter, Wiseau was even worse. New characters appear out of nowhere and aren’t properly identified, so it’s never clear who they are. A number of subplots -such as drug abuse, unrequited love, and bad real estate deals- are introduced, then quickly abandoned. (“I got the results of the test back. I definitely have breast cancer,” Lisa’s mother tells her, and the subject never comes up again.) And though the thickly-accented Wiseau refuses to this day to say where he comes from, English is clearly not his first language. The Room is full of clunky, confusing, and unintentionally funny dialog: When a (never-identified) character catches Lisa and Mark kissing at Johnny’s birthday party, and confronts them, Mark yells, “Leave your stupid comments in your pocket!”




(YouTube link)




PATRON ZERO


The movie likely would have died a quick and unmourned death had an aspiring young screenwriter named Michael Rousselet not happened to see the film near the end of its two-week theatrical run. As Rousselet sat alone in the empty theater, he was stunned by what he saw- bad lighting, out-of-focus scenes, dubbed dialog out of sync with the lip movements onscreen, poorly designed sets (it’s never clear which room is the room, or why the room is so important), one wooden, sophomoric acting performance after another, and much, much more. Whenever Rousselet thought that The Room had given all that it had to give, it would cough up some wonderful new chunk of mediocrity and incompetence for him to savor. It was unlike any film he’d ever seen. Sure that such a flop would never make it onto DVD, Rousselet sat in an empty theater (while the movie was still running) and called everyone he could think of on his cell phone, telling them they had to see The Room for themselves before it vanished forever.




(YouTube link)


MISERY LOVES COMPANY


That theater didn’t stay empty for long. Though The Room died at every other venue where it was shown, Rousselet’s promotional work paid off at this one. A small crowd of friends joined him at the next showing, and as these people phoned their friends, the numbers grew steadily at each remaining screening. “We saw it four times in three days, and on the last day had over 100 people there,” he told Entertainment Weekly in 2008.


By the time The Room ended its theatrical run, a small but dedicated fan base had already begun emailing Wiseau to thank him for his efforts and ask him to screen the film again. Wiseau received dozens more emails in the months that followed, and in June 2004 he booked a small theater in West Hollywood for a single midnight screening. That event was a hit -so many people turned out to see the film that Wiseau booked another midnight showing a month later, then another, then another.


As the crowds continued to grow like lookie-loos at a traffic accident, he expanded to two screens at the multiplex, then three, then four, and then five. Strong word of mouth among a steadily growing fan base of “Roomies,” as they call themselves, led Wiseau to schedule screenings in cities up and down the West Coast, then in other parts of the United States and Canada, and eventually in Great Britain. And with foreign-language editions reportedly in the works, The Room may soon have fans all over the world.




(YouTube link)


SPOONING


Have you ever been to a showing of the 1975 film The Rocky Horror Picture Show? As was the case with that cult film, The Room’s fans have created audience participation rituals all their own. Roomies attend screenings dressed as their favorite characters, shout out their favorite bad lines at the appropriate moments, yell “FOCUS!” during blurry scenes, march out “in protest” during the troll doll/seat cushion love scenes, and throw plastic spoons whenever the spoon photograph in Johnny’s apartment appears. There’s no question that the Roomies are there to laugh at Wiseau and his masterpiece, but he says he doesn’t mind. “As long as they laugh or enjoy themselves, I enjoy with them,” he says.




(YouTube link)


NO ROOM AT THE ROOM


If you’re ever in L.A. on the last Saturday of the month, go see The Room. Buy your tickets early- even when the film is being shown on five screens, The Room sells out quickly, especially when Wiseau or other stars appear in person. Wiseau’s fabulous flop has been reborn as the hottest cult phenomenon in decades, and at an estimated gross of more than $1,000 per screening, The Room is on track to break even sometime in the year 2504, maybe sooner if you consider profits from The Room t-shirts, CDs, DVDs, movie posters, and talking Johnny bobblehead dolls.


___________________


The article above was reprinted with permission from the Bathroom Institute’s newest book, Uncle John’s Heavy Duty Bathroom Reader.


Uncle John’s Bathroom Reader is having their annual Holiday Sale, in which you can save 30% on your purchase! Get free shipping on orders of $35 or more by using the code HOL10SHIP.




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Fox <b>News</b>, Hypocrisy, And “Politically Correct” Journalism

My earlier post about Megyn Kelly's absurd equation of illegal immigration and rape in a discussion about changes to the Associated Press Style Guide.

Keith Olbermann: &#39;Fox <b>News</b> Is 100% Bullshit&#39;

Keith Olbermann is anything but hesitant when it comes to a battle with Fox News, and the MSNBC anchor took to Twitter Wednesday to share his views on the TV network he probably wouldn't even call a rival. "Fox News is 100% bullshit," ...

Kidney Donation Set as Condition of Miss. Sisters - AOL <b>News</b>

Gov. Haley Barbour has pardoned Gladys and Jamie Scott, who were each serving life sentences for an $11 armed robbery. But to be released, Gladys, 36, must donate a kidney to her 38-year-old sister, Jamie, who requires dialysis and ...


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Tuesday, December 28, 2010

web internet marketing









Top Stories of the Week




  • Skype Is Down, Nearly 20 Million Lost Their Connection This Morning

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More coverage and analysis from ReadWriteWeb






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The countless individual interactions people make online have introduced a new level of complexity in marketing. These "gestures" come in the form of likes in Facebook, replies in Twitter or subscriptions to blogs. Other gestures may be a link to a site or a check-in on a location-based network. Engaging Online Communities takes a look at how the modern enterprise must set up the right systems so it can keep track of the gestures that people make and perform analytics on the data. You can download and view Engaging Online Communities here.





Location



  • Most Promising Company For 2011: SimpleGeo

  • eBay Debuts New Local Shopping Site



More Location coverage





App Stores





  • IT Poll: Do You Want an App Store For Your Enterprise?


  • Microsoft Reveals Windows Phone 7 Sales Numbers...Sort Of




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  • Kids These Days: Politics Has Gone Mobile


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ReadWriteEnterprise


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ReadWriteStart


ReadWriteStart, sponsored by Microsoft BizSpark, is a resource for startups and entrepreneurs.



  • Holiday Reading: 5 of This Year's Best Books for Startups

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  • Tips for Pitching in Person




ReadWriteCloud


ReadWriteCloud, sponsored by VMware and Intel, is dedicated to Virtualization and Cloud Computing.



  • Chaos Monkey: How Netflix Uses Random Failure to Ensure Success - ReadWriteCloud

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ReadWriteMobile is dedicated to helping its community understand the strategic business and technical implications of developing mobile applications.



  • Microsoft Reveals Windows Phone 7 Sales Numbers...Sort Of

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This post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.

In an informal class='blippr-nobr'>Twitterclass="blippr-nobr">Twitter poll, we asked our friends working at or running small and medium-sized businesses not what they could do for the class='blippr-nobr'>Internetclass="blippr-nobr">Internet, but what the Internet could do for them.

We heard responses that ranged widely, running the gamut from social media marketing tools to internal team communications. Here’s a list of great resources for SMBs that meet some of the most pressing needs you experience as a business owner or entrepreneur.

Best of all, every single one of these tools can be used free of charge (some have paid options for larger businesses or for those that need more features). And all of them are web-based; that means you won’t have to install software, worry about cross-platform compatibility, take up any of your own system’s resources or have to leave work when you leave your own PC.

If you have other tools you love using that you think other SMBs could benefit from, please let us know about them in the comments.

2 Internal Chat Tools

When you want to get your employees or clients together to brainstorm, make decisions or simply run your business, instant messaging can be a huge time-saver — especially if you’re working with a distributed team or out-of-town clients and vendors. While we love programs like class='blippr-nobr'>Skypeclass="blippr-nobr">Skype for business chat and conference calls, it may not be installed on every machine you have to use. These web-based group chat programs solve that problem.

Zoho’s web-based chat client allows you to create and chat with groups. You can easily share your desktop with co-workers, and you can integrate your calendar for quick appointment or meeting scheduling. Best of all, Zoho’s IM service also supports all kinds of IM clients, including Yahoo and class='blippr-nobr'>AIMclass="blippr-nobr">aim.

Another good online group chat service is Gixaw. With this service, you can create a unique URL for chatting with your group. You can share files, create multiple “rooms” for different projects or departments, and even search through chat history.

2 Task Management Tools

As your business and number of employees grow, you may need a central place for delegating tasks, monitoring progress and ensuring everything gets done correctly and on time.

HiTask is a free, web-based task management tool perfect for SMBs. It has a user-friendly, easy interface for your to-do lists and for team or project management. With HiTask, you can work on recurring events, make assignments, sort tasks based on priority and more, all within a simple drag-and-drop UI.

Another great task management tool is RememberTheMilk. Don’t be fooled by its homemaker-ish name. This web app has been widely acclaimed over the past several years, and it works for individuals as well as small teams. RTM integrates with class='blippr-nobr'>Gmailclass="blippr-nobr">gmail and Outlook, and the service has mobile apps for class='blippr-nobr'>Windowsclass="blippr-nobr">Windows, class='blippr-nobr'>Androidclass="blippr-nobr">Android, iPhone and BlackBerry.

8 Social Media Marketing and Monitoring Tools

One of the categories SMBs ask for the most help with is social media. You need to quickly and easily keep an eye on what people are saying about you; more importantly, you need to participate in the social media conversation yourself, without drowning hours upon endless hours bouncing around various websites.

There are three great tools we’d recommend for pushing out updates to a variety of sites at once. All three have free, web-based services, and they’re great for working with teams, too. Depending on your specific needs and tastes, you could try out Hootsuiteclass="blippr-nobr">HootSuite, Seesmicclass="blippr-nobr">Seesmic and TweetDeckclass="blippr-nobr">TweetDeck.

If you want to see what people are saying about your company, your product, your location or your vertical in real time, try searching for relevant terms on Collecta or SocialMention.

You also have options for network-specific monitoring tools. To see how your tweets are performing, try CrowdBooster. And remember, Twitter’s official analytics product is coming soon, too. For Facebook, use that social network’s Insights dashboard for your business’s Facebook Page.

3 Bookkeeping Tools

When it comes to keeping your finances straight, there are also several free, online tools just right for SMBs.

You can try Numia.biz, accounting software made just for recording and processing small business transactions, including accounts payable, accounts receivable, bank balances and more. It also gives you forms for invoicing, purchases and bank reconciliation and allows you to set up customers and vendors.

The desktop version of QuickBooks is a standard feature of many SMBs. This web-based version of QuickBooks is free and perfect for the new or smaller business. You can use QuickBooks Online to create invoices, pay bills, track expenses and more.

Finally, MoneyTrackin’ is a free web app for simply and quickly tracking your revenue and expenses. You can also share budgets and collaborate with many people together on the same account. MoneyTrackin’ lets you control as many accounts as you need to and tag your transactions; the service is also available as a handy mobile web app.

5 Cloud-Based File Hosting Tools

For sharing and storing large files, class='blippr-nobr'>Google Docsclass="blippr-nobr">Google Docs will allow you to share a wide range of files — including PDFs, spreadsheets, images and much more — free of charge for the first 1024 MB. And believe us, it can take quite a while to get to 1024 MB of content. Google Docs files are easy to keep private and easy to share with others, including clients and team members. Plus, you’ll have a relatively stable company on your side, which isn’t necessarily the case when the startup hosting your files gets bought by Facebook and shuts its doors, for example.

However, if you’d rather go the small-web-company route, there are lots of options for moving large files around the Internet.

If you just need to e-mail a large file to another person, try YouSendIt, which lets you e-mail a link for downloading files up to 2 GB. If you’d like to permanently or semi-permanently store rather than just e-mail your files, you could try Esploded, which lets you create a free account, upload your files and create groups for sharing files. There’s also Dropboxclass="blippr-nobr">Dropbox, FilesAnywhere and Box.netclass="blippr-nobr">Box.net, all of which offer free and paid memberships, just depending on your business’s size and needs.

3 Hiring and Applicant-Tracking Tools

Last of all, as you grow, finding and hiring great new staff members becomes increasingly important and requires more of your attention — and likely greater organization.

Zoho Recruit is free for one person to use. It lets you schedule interviews, add and manage candidates, store resumes and publish job openings from within a simple but robust dashboard.

SmartRecruiters is hiring software that helps users create job ads and post them all over the web, including major job boards and social networks. You can consolidate all your applicants in one place, prescreen them online, share the best candidates with your co-workers or executives, schedule interviews and even rate the candidates all from within the app.

iKrut is an interesting free recruitment system. You can build your own recruitment microsite quickly; from there, you can list all your current job openings on this new career portal. Candidates visit the microsite to upload their résumés and cover letters for you to review. This all also allows for interview scheduling and organizing references. Microsites can be branded to match your own website, and the system has built-in messaging.

More Business Resources from Mashable:

- 10 Ways Business Leaders Can Turn Ideas Into Execution/> - 7 Tips for Building a Better Branded App/> - 9 Web Tools to Keep Your Business Running Smoothly During the Holidays/> - 5 iPhone Apps For Avoiding International Business Faux Pas/> - 7 Tips for Succeeding as a Social Media Strategist

Images courtesy of class='blippr-nobr'>Flickrclass="blippr-nobr">Flickr, in order of appearance, by danox, inlinguamanchester, esther17, tsevis, nhankamer, takashi, socialisbetter.

For more Business coverage:

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

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bench craft company scam

Thursday, December 23, 2010

Kids Making Money



An Open Letter to the Lesbian, Gay, Bisexual, and Transgender Youth of America:



Hold tight for a little while longer, kid. It gets better.



There. That's what I've got so far.



"The Huffington Post would like you to write an 'it gets better' piece," said the email I got a few weeks ago from Katie, the publicist for the new Sundance Channel series Girls Who Like Boys Who Like Boys, in which I appear (as a boy who likes boys) along with my best friend Sarah (as a girl who likes, etc.).



(To bring you up to speed, just in case: In response to the recent publicized rash of suicides by gay middle school, high school, and college students--at least eight kids dead in less than a month--author Dan Savage and his husband Terry Miller filmed a terrific YouTube message to American kids who are bullied or abused or rejected or beaten up or made to feel like outsiders because of their sexuality. Savage and Miller hated their lives in high school, they explain, but the day they finished, their lives changed, immensely, for the better. They were making this video, they said, to tell you, Hold tight for a little while longer, kid. It gets better. The video obviously sparked something in the national consciousness, because, within days, thousands of people across the country were sending similar--and similarly beautiful--messages to http://itgetsbetter.org; they're sending them still.)



"Great!" I typed enthusiastically back to Katie, sat down, and started to write.



Many of the it-gets-better videos, I'd noticed, began with a recounting of the difficulties the speaker(s) faced when he or she was or they were the age Billy Lucas was when he killed himself on September 9, the age Cody J. Barker was when he killed himself on September 13 (fifteen), the age Seth Walsh was on September 19 (thirteen), the age Tyler Clementi was on September 22 (eighteen), Asher Brown on September 23 (thirteen), Harrison Chase Brown on September 25 (fifteen), Felix Sacco and Raymond Chase on September 29 (seventeen and nineteen). I knew this would not be hard. Thirteen? Fifteen? I had known I was doing something wrong from the age of six, when the Jewish Community Center summer camp counselors said I wasn't allowed to sign up for needlepoint and flower arranging and stuck me in gymnastics instead, though to be fair my front handspring is even today a thing to be proud of.



Growing up, I felt like an alien from outer space, stranded on this planet with the half-finished first draft of a guidebook in a language I didn't speak.


So far, so good, I thought. I am a brilliant writer!



I was more or less okay until seventh grade, at which point things began to come apart. I didn't understand why Winslow Barnett snickered when I walked into the boys' locker room for PE wearing my purple bow tie and my fabulous bright green pants with the white piping down the side, but I knew that it was not his intention to convey approbation of my fashion sense. I didn't see why it should be cause for concern to anybody when I started writing all my in-class history exams on pink paper in green ink, with circles over the "i"s, but I didn't need to see that to interpret the look Mr. Somerville gave me when I handed them in. It was a mystery to me why my mother's face fell when I used my birthday money to buy a pair of floppy bunny ears, but I knew enough to wait until I went away to summer camp to start wearing them.


Hmm. Something seems off, I thought as I sat back and reread what I'd written. I probably need chocolate. I went to the bodega on the corner, bought some M&Ms, ate them on the way back home, and sat down at my computer again.



By the time I was fifteen I'd figured out what was really going on, so I went to the library, checked out all the books I could find on being gay, and left them on the kitchen table, which in retrospect might not have been the best way to come out to my parents but it got the job done. They nixed the green ink and the bow ties and forbad me to see the one other openly gay person I knew, a man who ran a chocolate store not far from my house and who had been playing a very effective fairy godmother to my Cinderella; when I defied them and saw him anyway, they grounded me for a year, not that I had any friends with whom I would have spent my time anyway. In the meantime school got trickier to navigate; I can't remember the name of the kid who intercepted the note I passed to Kathy Weld during first-period French about George Lindenmayer, but my face flushes still when I remember having my own lovestruck mooning quoted sneeringly back to me as I passed him and his friends in the hall for the rest of the week. They'd translated the French badly but that was cold comfort.

But it got better. It got much, much, much better.


It's not the chocolate, I realized.



The problem was that I had had it easy.



I was pretty fey, to be sure, but I never flouted gender norms in any significant way for any significant length of time, so I was never the target of constant bullying; furthermore, I went to a fancy-schmancy private school where the shoving match Kinsey Huggins got into with Chad Rawe during the break before Latin II one Tuesday was the talk of our ninth-grade class for weeks, so what bullying I was subjected to was relatively de bon ton. While Winslow Barnett's snickering and that of the kid whose name I can't remember may therefore have stabbed me to the heart, they were small potatoes compared with the bullying some of you go through every day. Nobody ever filmed me having sex without my permission and live-streamed it online. Nobody ever pulled my chair out from under me and told me to go hang myself, and I never seriously considered doing so. Nobody ever kicked me down a flight of stairs. And sure, my parents' reaction when I came out to them was ridiculous, but they were still civil rights workers; I'm sure the idea of throwing me out of the house never occurred to them, unlike the parents of many of the 40% of homeless kids who are gay, lesbian, bisexual, or transgender. And they could no more have beaten me senseless than they could have campaigned for public office as segregationists. I had no reason to run away.



I mean, really. A few of my classmates laughed at me? A teacher thought I was weird? That was the best I could come up with? My parents overreacted to something and grounded me for an unreasonably long time?



Cry me a fucking river.



Okay, I thought, unnerved. Remember, I am a brilliant writer. I'll just leave this alone for a few days and see what my fecund brain comes up with.



"Sarah's piece was posted yesterday," Katie's next email said. "Do you know when we can expect yours?"



"I'll get it to you any day now!" I wrote back. "☺," I added, in hopes of keeping her from getting angry at me.



Why don't I just keep writing, I asked myself rhetorically, see where I end up, and then go back and fix the beginning later? "But it got better," I deleted and retyped three times. "It got much, much, much better."



I went away to college, where I felt free for the first time in my life. I did well and had a great time and made friends for whom I would even today drop whatever I was doing and fly halfway around the world if they asked and if my debit card permitted. I moved to New York and went to grad school, made some more of the same kind of friend, joined a cheerleading squad, learned to knit, taught step aerobics, danced as a go-go boy, taught math to elementary-school kids, went to gay summer camp, wrote some musicals, saw a few of them produced, wrote some books, saw a couple of them published, dated some boys, had sex with a lot more, got a dog, moved in with one of the boys, got another dog, married the boy, and somewhere along the way became myself and watched as the world made room for me.

And today, the day before Thanksgiving, as I write this on the downtown 3 train, trying to figure out what kind of pie to bake to bring to my mother-in-law's tomorrow for dinner, I look back at my 13-year-old self and am filled with gratitude that he held tight.

Hold tight for a little while longer, kid. It gets better. I promise.


And I read what I had written and I was like, oh, fuck me. I might as well have ended it, "and they all lived happily ever after."



I mean, every word of what I'd written was true, I promise you that. But there was so much I'd left out, like the couple years during my early thirties when I did want to kill myself, desperately--my fantasies went back and forth weekly between jumping in front of a subway train and overdosing on prescription medication--for reasons that had nothing whatsoever to do with my sexuality or anybody's response to it. Or like the heartbreak that having musicals produced and books published tends to bring one instead of making one happy, and like the fact that these enterprises have earned me less money than I would have made temping--enough less, actually, that I lie awake at night figuring out which companies and utilities are least likely to descend upon my credit rating like avenging Furies if I don't pay them this month.



And like the fact that, unlike some gay people, I've never walked into a sex club full of men fucking each other--I mean, I've walked into a sex club full of men fucking each other; Mary, please--but I've never walked into a sex club full of men fucking each other, been approached by none of them, and had to assume it was because they were white and I wasn't. And that, since both I and my body are male, I've never dated somebody who seemed like the perfect man, revealed to him that I was biologically female, and had to grab hold of a credenza so as not to be sucked into the vacuum created by his instant departure. And that, as somebody attracted only to one sex rather than to both, I've never been mocked both by straight people for liking boys and by gay people for liking girls too, and left in the end with no community at all willing to accept me. And that one night a couple months ago in New York three gay men were beaten, slashed, burned with cigarettes, and sodomized with a baseball bat and a toilet plunger; I don't know what their adolescent years were like so I can't say for sure that this wasn't a step up, but I have a hard time believing that at this moment they feel it's gotten better.



Or like the fact that much of the time I still feel like an alien from outer space, stranded on this planet with the first draft of a half-finished guidebook in a language I don't speak.



Which struck me as a lot to leave out, so I deleted the whole thing and wrote a new piece about all this and the cry-me-a-river stuff and I showed it to my friend Sarah and she was like, "You're kidding, right? This might as well be called, 'I Wish I'd Had it as Bad Off as You When I Was Your Age So I Could Have Just Killed Myself Then.' "



This seemed unwieldy as a title, so I scrapped that version too.



Which is how I find myself here, terrified that Katie will hate me because I have no idea what to write. "Maybe It Gets Better"? "It Sort of Gets Better, Unless it Doesn't"? "Congratulations! It May Already Have Gotten Better!"?



And yet I think there is something true, deeply true, in what these "it gets better" messages communicate; I think it does get better. It's just that "better" doesn't necessarily mean that the day you graduate from high school and leave your podunk town somebody is going to be waiting there to hand you a gorgeous boyfriend, a great job, and a puppy. Certainly this may happen, and if it does then please don't tell me because it will make me hate you and cry. But things are probably going to unfold a little differently. The boyfriend may prove elusive. You may get stuck in a frustrating job. You may live in a no-pets building.



But here are some things that are definitely going to happen:



First, the world is going to get bigger. Right now, the only territories you can inhabit without anybody's permission are your house and your school. If you're anywhere else--at the mall or the movie theater or the beach, whatever, I have no idea where you kids spend your time these days--you're there on the sufferance of your parents and any adults who happen to be around. Fuck up and display your real self for a moment, and the next thing you know you're sitting in front of somebody in a tie who expects you to be ashamed of yourself.



When you finish high school, you get to leave this dynamic behind. (Oh, there'll be no shortage of people in ties expecting you to be ashamed of yourself, but you can tell them to go fuck themselves, and there's no such thing as detention in real life. There's prison, of course, but usually you have to do more than tell somebody to go fuck himself to end up there.)



If you go every day to a place where idiot cretins bully you, then when you finally get sick of it you have the choice to go somewhere else instead. Somewhere else might be another job, it might be your own place in New York or some other metropolis, it might be a shelter in whatever town you can get a bus ticket to or walk to, but the point is that if life sucks where you are, you're allowed to leave.



The second thing that's going to happen is that, because the world is going to bigger, other people will stop mattering so much. Right now your entire life has forty people in it, or two hundred, or however many are in your class, plus your parents and a handful of other people. If one person is mean to you, that's a pretty large percentage of your world; if that person is popular, then probably a bunch of others follow suit, and before you know it half the people in your life hate you. If half the world is bullying you, mistreating you, ignoring you, insulting you, and abusing you, what other conclusion can you reach but that you deserve to be bullied, mistreated, ignored, insulted, and abused?



Well, when you leave high school, the population of your world increases by several billion, and, if people you spend time with are bullying you, you can recognize them as assholes and find other people to spend time with. Depending on your circumstances, you might find more or fewer of them, and they might be easier or harder to find--but no matter what they'll be the people you choose to allow into your life. If you're lucky, you'll find some wonderful close friends, as I have, but if you're not as lucky, and find yourself in a group of people who hinder you from becoming the person you want to be, you can dump them and get some new close friends, because as it turns out the planet is covered in stranded aliens, and chances are good that if you meet the right ones and put your guidebooks together with theirs you'll find some of the answers you're looking for.



But in the end, no matter where you go or who you encounter there, here's what it comes down to: when you reach eighteen, you become the only person allowed to decide anything about what you do with your life (unless, again, you are in prison, where issues of sexuality become very different). Nobody else has the right to decide where you live, who you live it with, what you do with your time. There are practical limitations to these questions, and you will face obstacles in life after high school--Tyler Clementi was a freshman in college, Raymond Chase a sophomore--but you won't need to get anybody else's permission to try to overcome them.



There's one last thing to say, which is that leaving, though it's what many if not most of us have done, isn't your only option. If the nearest town with any LGBT services is a four-hour drive away and your family has no car, or if you're caring for an ailing parent, or any of a thousand other reasons, or you just feel like staying put, the world can still get bigger--if you make it bigger. And if you're going to finish that guidebook on your own, you might as well start now.



Get in touch with the American Civil Liberties Union LGBT Project (http://aclu.org/safeschools) and sue your goddamn school; there are a lot of things wrong with this country but at this moment one thing that's very right about it is that when kids like you are in trouble and nobody does anything about it and the ACLU and other LGBT rights organizations find out about it, a lot of people around the country get very upset, and often things change for the better. Or talk to somebody at Parents and Friends of Lesbians And Gays (http://pflag.org) about how to get your parents to support you. Or file a complaint with the federal Office of Civil Rights (http://community.pflag.org/claimyourrights). Or contact the Gay, Lesbian, and Straight Education Network (http://www.glsen.org/cgi-bin/iowa/all/student/index.html) and start an anti-bullying program so your pathetic Neanderthal classmates can learn that there are other ways to assuage their existential confusion and terror than by beating you up. Or all of the above, or something else that nobody has thought of yet. You have the power to make it get better, and there are a lot of people out here who are on your side, and all you need to do to get their help is ask them for it. And the great thing about asking them for it is that, with their involvement, you can help it get better not just for you but also for other kids like you.



Taking action may or may not be the right choice for you. But either way--and I think this may be what I need to give Katie--there's one thing that you can and should do, no matter who you are, no matter where, no matter what your circumstances:



Hold tight for a little while longer, kid.



It gets better.



Sincerely yours,



Joel Derfner



P.S.: If you're thinking about killing yourself or you just feel alone or want somebody to talk to, please, please, please call the Trevor Project, a 24-hour hotline just for LGBT youth, at 800.488.7386 (800-4-U-TREVOR). If you're homeless, then you've already learned much of the above, tragically early, but it can get better for you, too; there are people out here who want to help you, and you can find a list of supportive, welcoming resources for LGBT homeless youth all over the country at http://aliforneycenter.org/resources.html. And if anything I've written here speaks to you, you should go to your local public library and check out my book Swish: My Quest to Become the Gayest Person Ever and What Ended Up Happening Instead, which some LGBT kids have told me has helped them see how it can get better. If your library doesn't have it, email me at joel@joelderfner.com and I'll try to send you a copy, or, if you don't want to risk being seen holding a book with such a title, email you the manuscript.














This is the final in a three-part series. Read Part 1 here and Part II here.



In the previous two parts of this series I have recounted the multiple frauds perpetrated by MERS: it defrauded counties out of billions of dollars of reporting fees, it defrauded homeowners by destroying documents that provide a clear chain of title -- facilitating its foreclosure frauds, and it defrauded securities investors by failing to adhere to PSAs (pooling and servicing agreements) -- making their securities invalid. Now, in order to cover the trail of deceit MERS and the banks are stealing homes as fast as they can in the hope that no one will notice the fraud. Meanwhile, they are destroying real estate values and adding to the headwinds that are pushing our economy into the first great depression of the 21st century.



In this piece, let us step back and examine the big picture to answer the question: Why did Wall Street create this crisis? For the answer, we have got to go back several decades. I do not want to give a long-winded history lesson, but it is necessary to understand the transformation that has taken place since the 1960s. Back then, the financial system was small, simple, regulated and relatively unimportant. Banks made commercial loans; thrifts made home loans; and Wall Street handled investment finance. Households had jobs and rising wages so they didn't need to go into debt to finance rising consumption. With robust economic growth, each generation could expect to have roughly twice the living standard of the previous generation.



Things began to change in the 1970s, and especially in the 1980s as growth slowed, as median real wages stopped rising, and as financial institutions were unleashed to expand activities into new areas. At first households coped with stagnant incomes by putting more family members to work (especially women), but gradually they began to rely on debt. Banks created new kinds of credit and gradually expanded their views as to who is creditworthy. I can still remember one conference I attended at which someone from the financial sector proudly announced that the banks had discovered an untapped market for credit cards -- the "mentally retarded". The argument was that this group would be just as safe as college students, since parents would bail them out in order to avoid having their kids' credit ratings suffer. This was not a joke -- it was a business model.



With slower economic growth, it had become harder for American firms to make profits. They shifted their focus from actually producing goods and services to making money on financial products. GM and GE became primarily financial institutions that happened to make cars and light bulbs as a sideline business. Yes, you could buy a car made by GM, but the company made most of its profits on the auto loan. (It then branched out to -- you betcha -- mortgage backed securities and all other manner of risky assets. I hope readers understand that that is what the "auto" bail-out was all about.) As everyone got into the act of indiscriminate lending, banks found their own business dwindling -- so they had to continually innovate with new products and to find new activities to finance.



The economy became "financialized", as financial institutions inserted their activities into virtually every aspect of American life. Health care morphed into financialized health "insurance", given a huge boost by "Obamacare" legislation that for the first time in US history mandates that Americans turn their incomes over to private financial firms. Even death became financialized with "peasant insurance" (employers take out contracts on employees) and "death settlements" (life insurance policies on those with fatal illnesses are securitized and sold to gamblers betting on early death). Retailers increased the financialization of consumer goods -- they couldn't get enough profit on the sales or even on the consumer credit, so they offered "extended protection" on everything from TVs to toasters and then tried to scare customers with an unusual marketing pitch: the products they carry are so shoddily produced that insurance is necessary to protect the purchase.



Every kind of debt or insurance product became a financial commodity, packaged into a security and sliced and diced and bought and sold. At the same time, "insurance" (often in the form of credit default swaps) replaced underwriting (credit assessment) to make these loans more marketable. And then the credit default swap insurance, itself, became a way to bet on the death of securities, companies, and even nations. It is not a stretch to say that Wall Street's capitalists returned to their roots as "undertakers" (the old term for entrepreneurs), with death becoming their main line of business.



Debt grew. In 2007 just before the crisis hit, total US debt reached five times national income -- the previous record was just three times income, a level reached in the propitious year of 1929. In other words, each dollar of income had to service five dollars of debt. In the decade previous to the crisis, American households spent more than their incomes in almost every year. For every debtor created there is a creditor. Not surprisingly, creditors are richer than debtors. Over time, the proportion of Americans who were debtors grew, and the proportion of creditors fell. The rich got richer and every one else either got poorer or at best just managed to break even. In other words, the debt train fueled a massive redistribution of income and wealth to the very top. It is no coincidence that inequality in the US has returned to its previous peak -- reached, not coincidentally also in 1929. That is what President Bush actually meant when he talked about the ownership society -- a society in which a small elite would own everything.



Banks became giant one-stop casinos that facilitated every kind of crazy bet. They would make a loan to you, but then simultaneously securitize it to sell-on to an investor plus place a bet that you would default on your loan so that the security would go bad. For a fee, they'd let a hedge fund manager choose the riskiest loans to bundle into a sure-to-fail financial product that they would then sell to their own customers. And then they'd join the hedge fund in betting against their customers. The more loans they made, the more fees they collected; the more bad loans they made, the more bets they would win. The more debt they piled on households, the greater their profits; riskier debt meant even higher fees and more defaults and thus greater wins from gambling. Prospective death was a booming good business for our undertakers.



America became "Bubbleonia" -- with a "bubblicious" economy that moved from one bubble and crash to another: A commercial real estate bubble and crash in the 1980s that killed the thrifts; a series of developing country debt bubbles and crashes in the 1980s and 1990s fueled in part by American banks; a US stock market bubble and crash in 1987; the dot-com bubble and crash at the end of the 1990s; and then the US real estate and global commodities markets bubbles and crashes this decade.



Increasingly, the bubbles were managed cooperatively by Wall Street and Washington. Chairman Greenspan and President Clinton made a pact with Robert Rubin's Wall Street to pump up "new economy" internet stocks through "irrational exuberance". When that failed, Greenspan extolled the benefits of adjustable rate mortgages, while President Bush hawked the "ownership society". Wall Street turned America's residential real estate sector into the world's biggest casino -- $20 trillion worth of property that could serve as the basis for many tens of trillions of dollars of bets. Bernanke promoted the bubble by assuring markets that America was enjoying the "great moderation" -- a new era in which stability dominates -- and that in any case, the Fed would protect markets in the case of any hiccups.



The home finance food chain was fundamentally changed to facilitate the rapid pace of gambling that would be necessary to feed Wall Street's appetite. Real estate appraisers were paid more to over-value homes; mortgage brokers were rewarded with higher fees to induce borrowers to accept unfavorable terms; mortgage lenders got better fees for riskier loans; securitizers wanted more junky loans to increase the projected returns spit out by their own internal models that presume more risk is always rewarded with higher profits; credit raters got paid to rate trash as AAA -- as safe as treasuries; and investors shunned "plain vanilla" securities in favor of risky structured products that were so complex no one could understand them -- so that they could have any value desired. No worries, AIG sold "insurance" on all this garbage!



That homeowners would default on the unaffordable mortgages was a foregone conclusion. Indeed, it was the desired result of the business model. The preferred marketed loans tell it all: Subprimes! NINJAs! Liar's loans! Washington helpfully changed bankruptcy law to make it more difficult for a homeowner to get out of mortgage debt in preparation for the wave of defaults that everyone knew would result. Wall Street would get the homes, and homeowners would still have to pay on the debts. Then the foreclosed property would be resold, with more fees for everyone in the finance food chain, and the whole process through to default would begin again -- a nice virtuous cycle.



It might seem strange that banks would actually want default. But that is the beauty of a casino -- the house always wins, and homebuyers were gambling against the casino. On the way up, fees are collected, and on the way down fees are still collected on the foreclosures and as houses are resold. And if anything should go wrong, Washington backstops the casinos.



But it was necessary to streamline foreclosure to make it as fast and cheap as possible. Enter MERS -- another link in the food chain -- created by the banks in 1997 in preparation for the boom and bust. MERS was set up to be a foreclosure mill. It would break the centuries-old custom that protected property rights by requiring every sale of property to be publicly recorded, and requiring that any creditor claiming a right to foreclose to demonstrate clear title, with an endorsed note in the creditor's name and a record at the county office showing transfer of the property.



The banksters did not want to go through all that paperwork, and needed to subvert the transparency that would shine light on their crimes. Hence, they set up a fraudulent shell corporation that claimed to be the mortgagee; while the original sale would be recorded at the county office, subsequent sales and purchases of the mortgage would be recorded only by an "electronic handshake" between two "members" of MERS. Even that record was considered by the banksters to be purely voluntary -- MERS did not require members to actually record transactions. If they found it more convenient to conceal the transfers, that was permitted.



MERS even farmed out its name -- for 25 bucks anyone could buy the MERS trademark and use it. And in a touching display of fraternity, everyone got to be a certified vice president of MERS. (Sort of like those 1950s marketing campaigns advertised on cereal boxes -- for 25 cents, you too can be a Super Fraudster with a nifty membership ring and all the benefits of membership in an international criminal conspiracy!)



MERS deliberately undermined the legality of the loans and the records. Homeowners could no longer search the public records to find out who actually held their mortgage -- the record would show MERS as owner, but MERS was a shell corporation with no real employees. It was not a servicer, so the homeowner could not make mortgage payments to the purported owner. As a result, checks were sent to the wrong servicers; servicers credited the wrong accounts; servicers claimed delinquencies on homeowners who never missed a payment, and piled late fees and delinquencies on the wrong borrowers; sheriffs were sent to break down the doors of the wrong houses, and threw belongings out on the street in front of homes on which there was no mortgage at all. MERS purposely created the mess, at the behest of banksters who do not want mere legal technicalities to get in the way of stealing homes. The undermining of the public records was not a mistake -- it was MERS's business model, created by the member banks.



And MERS helped banksters to defraud securities holders. Banks not only separated the mortgages from the notes, but they even destroyed the notes as they entered the mortgages into MERS's electronic data base. MERS told servicers that it is "customary" practice to retain notes, not to endorse them over to REMIC trustees as required both by federal tax law and by the PSAs that govern the trusts. This made the securities a "nullity" -- as the Supreme Court ruled over a hundred years ago -- because a mortgage without a note is unenforceable in foreclosure. At best, the securities are unsecured debt, with no real property behind them.



In any case, the mortgages put into the trusts did not meet the representations made to investors -- so even if the notes had been properly endorsed over to the trusts, the securities could be turned back to the banks. By creating a completely fraudulent electronic registry system -- in which data would be entered only if banks found it convenient to do so, and in which data could be modified at any time by any member of MERS -- MERS made it easy to conceal the securities frauds. Destruction or forgery of the paperwork was absolutely necessary to cover the trail of fraud from origination of the mortgage to securitization and finally to the inevitable foreclosure. Again, destruction of documents was not a mistake. It was the business model.







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If a video posted to Vimeo is to be believed, there are some insiders at ABC News who don't really care very much for newly-named boss Ben Sherwood, described in the video as the Draco Malfoy of Broadcast News. The video--essentially a ...


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If a video posted to Vimeo is to be believed, there are some insiders at ABC News who don't really care very much for newly-named boss Ben Sherwood, described in the video as the Draco Malfoy of Broadcast News. The video--essentially a ...


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<b>News</b> Conference by The President | The White House

News Conference by The President. South Court Auditorium, Eisenhower Executive Office Building. 4:16 P.M. EST. THE PRESIDENT: Hello, everybody. Good afternoon. I know everybody is itching to get out of here and spend some time with ...

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News sites are a good place to advertise since 92% of consumers use multiple platforms to get news.

Ben Sherwood - ABC <b>News</b> | Attack Video | Mediaite

If a video posted to Vimeo is to be believed, there are some insiders at ABC News who don't really care very much for newly-named boss Ben Sherwood, described in the video as the Draco Malfoy of Broadcast News. The video--essentially a ...


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News Conference by The President. South Court Auditorium, Eisenhower Executive Office Building. 4:16 P.M. EST. THE PRESIDENT: Hello, everybody. Good afternoon. I know everybody is itching to get out of here and spend some time with ...

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News sites are a good place to advertise since 92% of consumers use multiple platforms to get news.

Ben Sherwood - ABC <b>News</b> | Attack Video | Mediaite

If a video posted to Vimeo is to be believed, there are some insiders at ABC News who don't really care very much for newly-named boss Ben Sherwood, described in the video as the Draco Malfoy of Broadcast News. The video--essentially a ...


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