March 9, 2013
An ideas bank is a website where people post, exchange, discuss, and polish new ideas. Some ideas banks are used for the purpose of developing new inventions or technologies. Many corporations have installed internal ideas banks to gather the input from their employees and improve their ideation process. Some ideas banks employ a voting system to estimate an idea’s value. In some cases, ideas banks can be more humor-oriented than their serious counterparts.
The underlying theory of an ideas bank is that if a large group of people collaborate on a project or the development of an idea that eventually said project or idea will reach perfection in the eyes of those who worked on it. Many ideas banks are provided as free of charge, or set around certain companies in general to work out new inventions. Although ideas are provided by a community of people, problems can arise when people take the ideas of the site and begin developing them. There is no possible way to prove that the idea on the ideas bank was original and not taken from something else.
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March 9, 2013
David Černý [chair-nee] (b. 1967) is a controversial Czech sculptor. He gained notoriety in 1991 by painting a Soviet tank pink, to serve as a war memorial in central Prague.
As the Monument to Soviet tank crews was still a national cultural monument at that time, his act of civil disobedience was considered ‘hooliganism’ and he was briefly arrested. Another of his conspicuous contributions to Prague is ‘Tower Babies,’ a series of cast figures of crawling infants attached to Žižkov Television Tower. For the 2012 Summer Olympics Černý created ‘London Booster’ – a double decker bus with mechanical arms for doing push-ups.
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March 9, 2013
‘Czech Dream‘ is a 2004 documentary film directed by Vít Klusák and Filip Remunda, which recorded a large-scale hoax perpetrated by the filmmakers on the Czech public, culminating in the ‘opening event’ of a fake hypermarket (a supermarket and a department store in one).
The film was their final project for film school. Remunda and Klusák invented the ‘Český sen’ (‘Czech Dream’) hypermarket and created a massive advertising campaign around it.
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March 7, 2013
WFMU is a listener-supported, independent community radio station headquartered in Jersey City, New Jersey, broadcasting at FM 91.1 (at 90.1 as WMFU, and at 91.9 as W219DQ), presenting a freeform radio format (in which the disc jockey is given total control over what music to play, regardless of music genre or commercial interests). It is the longest-running freeform radio station in the US, commencing broadcasting in 1958, licensed to Upsala College in East Orange.
Although originally a student-staffed and faculty-administered college radio operation, by the 1980s most of the station’s staff had no affiliation with the college, and management, though hired by the college, had little involvement with the academic community. Shortly before Upsala’s bankruptcy filing and closure in 1995, a group of station executives, personnel, and supporters formed Auricle Communications and bought the license from the college, making it a fully independent radio station. In 1998 the station’s studios and offices were relocated to a Jersey City facility purchased with listener donations.
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March 7, 2013
Freeform radio, is a radio station programming format in which the disc jockey is given total control over what music to play, regardless of music genre or commercial interests. Freeform radio stands in contrast to most commercial radio stations, in which DJs have little or no influence over programming structure or playlists. In the United States, freeform DJs are still bound by Federal Communications Commission regulations.
Many shows lay claim to be the first freeform radio program; the earliest is ‘Nightsounds’ on KPFA-FM in Berkeley, California, D.J.’d by John Leonard. Probably the best-remembered in the Midwest is ‘Beaker Street,’ which ran for almost 10 years on KAAY ‘The Mighty 1090’ in Little Rock, Arkansas, beginning in 1966, making it also probably the best-known such show on an AM station; its signal reached from Canada to Mexico and Cuba, blanketing the Midwest and Midsouth of the U.S.
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March 7, 2013
Payola [pey-oh-luh], in the American music industry, is the illegal practice of payment or other inducement by record companies for the broadcast of recordings on music radio in which the song is presented as being part of the normal day’s broadcast.
A radio station can play a specific song in exchange for money, but this must be disclosed on the air as being sponsored airtime, and that play of the song should not be counted as a ‘regular airplay.’ The term has come to refer to any secret payment made to cast a product in a favorable light (such as obtaining positive reviews). Some radio stations report spins of the newest and most popular songs to industry publications. The number of times the songs are played can influence the perceived popularity of a song.
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March 6, 2013
Thomas Frank (b. 1965) is an American political analyst, historian, and journalist. He co-founded and edited ‘The Baffler magazine.’ He is a former columnist for the ‘Wall Street Journal,’ authoring ‘The Tilting Yard’ from 2008 to 2010. Frank is a historian of culture and ideas and analyzes trends in American electoral politics and propaganda, advertising, popular culture, mainstream journalism and economics.
With his writing, he explores the rhetoric and impact of the ‘Culture Wars’ in American political life, and the relationship between politics and culture in the United States. Frank started his political journey as a College Republican, but has come to be highly critical of conservatism, especially the presidency of George W. Bush. Frank summarized the thesis of his book ‘The Wrecking Crew: How Conservatives Rule’ as ‘Bad government is the natural product of rule by those who believe government is bad.’
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March 6, 2013
The impact of Native American Gaming varies by tribe and location. In the 1970s, various tribes took unprecedented action to initiate gaming enterprises. In doing so, they created not only a series of legal struggles between the federal, state, and tribal governments but also a groundbreaking way to revitalize the Native American economy.
Native American gaming has grown from bingo parlors to high stakes gaming and is surrounded by controversy on many different levels. There are disputes concerning tribal sovereignty, negative effects of gaming, and a loss of Native American culture. In the US the ‘Indian Gaming Regulatory Act’ (IGRA) was passed in 1988 in order to secure collaboration between the states and tribes and also in order for the federal government to oversee gaming operations.
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March 4, 2013
Robert Cialdini is Regents’ Professor Emeritus of Psychology and Marketing at Arizona State University. He is best known for his book on persuasion and marketing, ‘Influence: The Psychology of Persuasion.’ The book has been translated into 26 languages has also been published as a textbook under the title ‘Influence: Science and Practice.’
In writing the book, he spent three years going ‘undercover’ applying for jobs and training at used car dealerships, fund-raising organizations, and telemarketing firms to observe real-life situations of persuasion. The book also reviews many of the most important theories and experiments in social psychology. Cialdini distills his theory down to six key principles: Reciprocity, Commitment and Consistency, Social Proof, Authority, Liking, and Scarcity.
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March 4, 2013
Charlie Munger (b. 1924) is an American business magnate, lawyer, investor, and philanthropist. He is Vice-Chairman of Berkshire Hathaway Corporation, the diversified investment corporation chaired by Warren Buffett; in that capacity, Buffett describes Munger as ‘my partner.’
Munger served as chairman of Wesco Financial Corporation from 1984 through 2011 (Wesco was approximately 80%-owned by Berkshire-Hathaway during that time). He is also the chairman of the Daily Journal Corporation, based in Los Angeles, and a director of Costco Wholesale Corporation.
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March 4, 2013
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska that oversees and manages a number of partially and wholly owned subsidiary companies. The company owns Geico, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, NetJets, and Heinz and has significant minority holdings in American Express, M&T Bank, Coca-Cola, Kraft Foods, Proctor & Gamble, and IBM. Berkshire Hathaway averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years, while employing large amounts of capital, and minimal debt.
Berkshire Hathaway stock produced a total return of 76% from 2000–2010 versus a negative 11.3% return for the S&P 500. Warren Buffett owns 32.4% aggregate voting power of Berkshire’s shares outstanding, and vice-chairman Charlie Munger holds a stake big enough to make him a billionaire (early investments in Berkshire by David Gottesman and Franklin Otis Booth, Jr. resulted in their becoming billionaires as well). Bill Gates’ Cascade Investments LLC is the second largest shareholder of Berkshire and owns more than 5% of class B shares.
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March 2, 2013
Eddie Huang (b. 1982) is an Asian American restaurateur, food personality and former lawyer. He is the owner of Baohaus. Huang was born in Washington, D.C., to immigrant parents from Taiwan. He was raised in Orlando, where his father managed a successful group of steak and seafood restaurants. Huang identified with African-American culture, especially hip-hop, at a young age. He received a B.A. from the University of Pittsburgh, Rollins College and a J.D. from Cardozo School of Law.
Not long after graduating from law school, Huang decided for a career change. After being laid off from a New York law firm, he worked as a stand-up comic and as a marijuana dealer. He was interested in food as he had grown up watching his mother cook at home and had learned many skills in the kitchen. He learned management from his father.
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The Daily Omnivore 