Is the Facebook IPO Pointless?

Check out this interesting article in the Financial Times by John Gapper:

“Facebook ought to ditch its public offering“

According to Gapper, who has read the prospectus, Facebook is flush with cash. It is, he says, “a veritable cash machine.”

Gapper says Zuckerberg should call the whole thing off:

“Its sole tangible purpose for the IPO proceeds is to meet a tax obligation that will be triggered by going public.”

Read the full article here.

Intelligence Study Links Low I.Q. To Prejudice, Racism, Conservatism

“By Rebecca Searles

“Are racists dumb? Do conservatives tend to be less intelligent than liberals? A provocative new study from Brock University in Ontario suggests the answer to both questions may be a qualified yes.

“The study, published in Psychological Science, showed that people who score low on I.Q. tests in childhood are more likely to develop prejudiced beliefs and socially conservative politics in adulthood.

“I.Q., or intelligence quotient, is a score determined by standardized tests, but whether the tests truly reveal intelligence remains a topic of hot debate among psychologists.

“Dr. Gordon Hodson, a professor of psychology at the university and the study’s lead author, said the finding represented evidence of a vicious cycle: People of low intelligence gravitate toward socially conservative ideologies, which stress resistance to change and, in turn, prejudice, he told LiveScience.”

Read the full article here.

Bluegrass Blessing

Watch this brief video of the Josh Williams Band until at least the 1-minute and 30-second mark and you will see something unbelievable … and beautiful.

This may be how the gods express their appreciation for a great performance.

“A Universe from Nothing”

Richard Dawkins calls Lawrence Krauss “the Woody Allen of cosmology.”

Here’s a video of Krauss talking about how the Universe emerged out of nothing, and how abundant nothing really is.

This video is long (over and hour) and challenging, especially if you are attached to a traditional religious viewpoint. I watched it because I was curious to know why over a million people (1,080,352 to be exact) would watch one YouTube video. I’m glad I did, because I was totally entranced by the portions of it I actually understood.

Jon Stewart’s Devastating Segment on Factories Where iPads Are Made

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