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Comment: Re:Recession? (Score 4, Insightful) 688

by NetFu (#26372827) Attached to: The Recession

I hate to break it to you, but:

1. We are a nation of whiners.

2. Spending doesn't/shouldn't come primarily from credit.

Deal with #1, it's just true.

Once we deal with #2 and recover from years and years of overspending based on credit, we will be on our way back to prosperity.

I'm not saying credit is evil, but I know of way too many insane/immature/simple-minded people in the last ten years who have credit-carded and refinanced themselves into a corner that is now hurting all of us. Idiotic financial corporations enabled them, but now they need to learn from it and fix the mess they've made for themselves for us to get back to prosperity.

How can people who make $4000/month have $800k homes and two $40k cars for God's sake??? I made more than twice as much as these idiots, I made the smart financial decisions, and now I'm in my financial bunker just trying to ride this out in my new business.

Bottom line, your basic statement is flat-out wrong. Without credit, people can spend, unless they are one of the idiots who spent themselves into oblivion in the last decade...

Operating Systems

+ - Google's Android open-source mobile phone OS->

Submitted by Marvin the Paranoid Android
Marvin the Paranoid Android (666) writes "Google has officially announced Android, a its open-source mobile phone operating system. 'The Google Phone has arrived, sort of, but not in the long-rumored embodiment that many had expected. Google announced this morning that it has developed a new mobile OS called "Android" — a result of its acquisition of a mobile software company of the same name in 2005 — that will allow the company to get Google's mobile apps into as many hands as possible starting in mid-2008. Android is Linux-based and open source, and will be made available to handset manufacturers for free under the Apache license.' Google will not be making the phones itself; there are a handful of handset makers signed on, including Motorola, Samsung, and LG. As Google CEO Eric Schmidt puts it, 'Today's announcement is more ambitious than any single 'Google Phone' that the press has been speculating about over the past few weeks. Our vision is that the powerful platform we're unveiling will power thousands of different phone models,'"
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