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Submission Summary: 0 pending, 15 declined, 3 accepted (18 total, 16.67% accepted)

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The Almighty Buck

Submission + - Colbert Slams New Online Credit System For Kids (techcrunch.com)

cosm writes: Want to teach your progeny the perils and perks of credit? Kwedit is a company based out of Mountain View, CA, offering a credit-like service for anybody (13 and up), teaching the dynamics of credit based transactions. After checking out their website, it appears Kwedit encourages kids to purchase virtual goods on credit, and pass the buck to their parents if they can't pay. Is Kwedit just some pyramid scheme variant? Or are they the forerunners in disseminating intelligent financial management skills? TechCrunch casts Kwedit in fairly positive light, while Steven Colbert points out their possible ulterior motives. Considering the state of our economy, it is presumable that increased education in fiscal responsibility would be beneficial to our nation. Does Kwedit fit the bill?

Submission + - Google Brings Back The Fade (csmonitor.com) 1

cosm writes: I'm sure many folks have already noticed the new fade-in that occurs when you move your mouse on Google's home page. Will this minimalist approach last? In the days of web portals aggregating more and more, less can sometimes provide a better experience. I wonder how long they keep this, for I'm guessing there are a subset of individuals who hate it, don't understand it, or it doesn't work in their favor.
Government

Submission + - Replacing The Monetary System (thezeitgeistmovement.com)

cosm writes: I just finished watching both the Zeitgeist Movement Orientation Guide & "Zeitgeist : Addendum". Both movies provide interesting perspectives as to what is really wrong with the world today, placing the blame on having a self-destructive monetary based system, proposing a "Resource Based Economy" as the solution. As a civilization, are we living in a flawed system, one that makes us slaves to currency? In light of the recession, is it reasonable to consider the possibility that the monetary system, great descendant of many lines of barter methodologies, should be considered obsolete? If you haven't seen the movies, consider perusing the PDF that explains the rationale behind their philosophy, Orientation Guide [PDF]. What are your thoughts?

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