Michael Farr, Farr, Miller & Washington; Art Hogan, Lazard Capital Markets; and Gary Shilling, A. Gary Shilling & Company, discuss whether Romney will be bullish for stocks, and how investors should position their portfolios.
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FILE - This Oct. 1, 2011 file photo, shows the Google logo at the Google headquarters in Brussels. Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information. (AP Photo/dapd, Virginia Mayo)
FILE - This Oct. 1, 2011 file photo, shows the Google logo at the Google headquarters in Brussels. Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information. (AP Photo/dapd, Virginia Mayo)
This screen shot provided by Google, shows the People and Pages on Google. Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information.(AP Photo/Google)
This screen shot provided by Google, shows the Personal Results page. Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information. (AP Photo/Google)
This screen shot provided by Google, shows the Personal Results page. Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information. (AP Photo/Google)
SAN FRANCISCO (AP) ? Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information.
The additional personal touches that began to roll out Tuesday mark another step toward one of Google's most ambitious goals. The Internet search leader eventually hopes to know enough about each of its users so it can tailor its results to fit the unique interests of each person looking for something.
Different people should start seeing different search results more frequently now that Google Inc. is importing content from its 6-month-old Plus service, a product that the company introduced in an attempt to counter the popularity of Facebook's online hangout and Twitter's short-messaging hub. Google's main search results page also will start highlighting more content from an older online photo service called Picasa.
Facebook and Twitter pose a threat to Google because they don't allow Google's search engine to log the avalanche of photos, links and observations tumbling through those services. That's troublesome to Google because its search engine could become less useful if its system can't analyze what people are signaling is important to them so those preferences can be factoring into the results.
Google is tackling that challenge with an addition to its results called "Search, plus Your World."
The feature will be automatically turned on beginning Tuesday for all English-language searches made by users logged into Google. Turning off the personal results permanently will require changing a setting in Google's personal preferences. The personal results can also be excluded on a search-by-search basis by clicking on an icon of the globe on the results page (the personal results will be denoted by a button featuring a human's silhouette).
If the new formula works as Google expects, the search results will include pertinent information culled from the requestor's Plus account. For instance, a query about the San Francisco 49ers might include links and comments made about the football team by other people in one of the social circles on the user's Plus account. A search request that includes the name of a dog owned by the user or a friend might turn up photos of the pet that have been posted on Plus and Picasa.
"This is going to open up a whole new avenue in search," said Ben Gomes, a Google fellow.
Google isn't the first to do this. Microsoft Corp.'s Bing search engine has been mining some of the preferences and other information shared on Facebook since May. But Google's emphasis on more personal results figures to attract more attention because its search engine is so dominant. It handles about two-thirds of the Internet search requests made in the U.S. while Bing processes less than one-third, including the activity that it comes through a partnership with Yahoo Inc.
Facebook, though, has greater insights into personal tastes. That's because its nearly 8-year-old social network boasts more than 800 million users who share more than 1.5 billion photos alone each week. In October, Google said Plus had more than 40 million users. Google hasn't updated the information since then, although some external studies have estimated Plus began the new year with 60 million to 70 million users.
Some of Google's changes may help prod more people into joining Plus.
As part of Tuesday's expansion, the profile pictures of Plus accountholders will appear in the drop-down suggestions on Google's search box. So when typing in "Mary," you may see those named Mary in your circle along with those Google believes you'd find interesting.
In another twist, searches on general topics such as "music" and "sports," will generate suggestions on people, companies and places that have Plus accounts.
While Google is hoping the addition of more personal results will make its search engine even more useful, the changes also could spook some people as they realize how much information is being compiled about them. Google tried to minimize privacy concerns by recently switching to technology that encrypts all its search results to protect the information from slipping out.
Previous privacy missteps by both Google and Facebook resulted in both companies entering into settlements with the U.S. Federal Trade Commission. The FTC agreements require Google and Facebook to submit to external audits of their privacy practices every other year.
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Continue reading Samsung introduces WiFi SmartCam and video baby monitor (update: hands-on!)
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Based on an article by Cliff Kincaid for Accuracy in Media
When Anita Dunn hasn?t been on CNN or MSNBC bashing the Republican presidential candidates and/or praising President Obama, she has been successfully lobbying for a Washington Post subsidiary by the name of Kaplan University.
You may remember Dunn as the Obama aide who once said communist mass murderer Mao and Mother Teresa were ?two of my favorite political philosophers.? The Soros-funded Media Matters said she was taken out of context.
Dunn is now claiming that she is not a lobbyist, even though she works for a firm that does lobbying. Progressive is as progressive does.
Kaplan University hosts a job fair in Dania Beach, Florida. Kaplan's private education empire in the U.S. and abroad earns 62 percent of the Washington Post's revenues. /Lynne Sladky/AP
Kaplan, has been serving as the cash cow for the Post Company, whose newspaper has been losing money and readers. Steven Pearlstein of the Post wrote that Kaplan ?has provided the handsome profits that have helped to cover this newspaper?s operating losses? and that ?Although we in the Post newsroom have nothing to do with Kaplan, we?ve all benefited from its financial success.?
But that success came at the expense of students, including veterans, who got educated through Kaplan and found that some of their degrees were worthless.
After congressional investigations exposed abuses in the $30 billion for-profit education industry, Kaplan and other companies got very concerned that proposed regulations from the Obama administration would potentially ?cut off the huge flow of federal aid? to private sector colleges declared unfit to receive the money, The New York Times reported.
In the end, ?after a ferocious response that administration officials called one of the most intense they had seen, the Education Department produced a much-weakened final plan that almost certainly will have far less impact as it goes into effect? this year.
Former Obama official Dunn played a key role in making sure the for-profit education companies will continue largely with business as usual.
Military columnist Tom Philpott, a former Coast Guardsman, has led the criticism of what he calls the ?predatory for-profit schools? that ?rob veterans of their Post-9/11 GI Bill benefits.? He quotes Theodore (Ted) L. Daywalt, chief executive officer and president of VetJobs, an online job search firm for military veterans, as saying that he learned about the problem through working with disappointed vets who thought they had used their GI Bill to earn credible degrees only to learn they were ?worthless.?
?The eighth for-profit company among the top 10 institutions getting GI Bill payments is Kaplan, owned by The Washington Post. Its Post-9/11 GI Bill payments climbed in 12 months from $17 million to $44 million,? noted Philpott. These are the payments that help pay the salaries of the liberal editorial writers and columnists at the Post newspaper.
In a sign that some news competition is in play among the big papers and that some criticism of the Obama Administration is still permitted in print, the Times noted the key role played by Dunn, ?a close friend of President Obama and his former White House communications director.? She had ?worked with? Kaplan, the paper said. ?And politically well-connected investors, including Donald E. Graham, chief executive of the Washington Post Company, which owns Kaplan, and John Sperling, founder of the University of Phoenix and a longtime friend of the House minority leader, Nancy Pelosi, made impassioned appeals,? the paper added.
Dunn had left the Obama Administration to make money at SKDKnickerbocker (SKDK), which describes itself as ?a nationally recognized strategic communications consulting firm.? This is what lobbying is called these days. Dunn?s work in the media is highlighted in her bio, where she is described as ?a frequent guest on cable and network television, including The Daily Show with Jon Stewart, 60 Minutes, Today, Meet the Press and many more.?
Stephen Burd, a writer for The Quick and the Ed, a blog published by Education Sector, was intrigued by the Times story about the lobbying for Kaplan and wrote, ?When executives at Kaplan University were looking for an Obama insider to help fight the administration?s efforts to rein in the for-profit higher education industry, they scored a major coup. They landed Anita Dunn, the former White House communications director and FOO (friend of Obama).?
But Burd was intrigued by the claim that Dunn is not a lobbyist. He asked, ??how does Dunn reconcile the role she played in this fight with rules that President Obama put in place to stop the revolving door between executive branch officials and lobbing [sic] firms from spinning. [Under an executive order that the President issued on his first full day in office, administration officials are barred from lobbying their former colleagues.] Simple: she claims that she did not engage in lobbying.?
The claim that Dunn was not a lobbyist was included in the Times story, which said, ?While Ms. Dunn visited the White House about 80 times since leaving the administration, she said she was careful to avoid talking to former colleagues about the issue because she is not a lobbyist and such conduct would violate the ethics policies put in place by Mr. Obama regarding lobbying by former advisers.?
The Times didn?t raise an eyebrow. But Burd didn?t buy it: ?Not a lobbyist, really? Let?s review: Dunn traded in on her White House experience to land the lucrative job of helping develop strategy and messaging for an industry that was under fire from the very same administration she had served. Perhaps I?m missing something, but that seems like the very definition of how the revolving door works. Sure, Dunn may not be a registered lobbyist. But that is the type of distinction that has made so many cynical about how our government works.?
Clearly, it is lobbying, registered or not.
In addition to her lobbying for The Washington Post, she continues working for the Obama Administration, in an unofficial capacity.
On Dec. 11, Dunn appeared on CNN?s State of the Union to denounce various Republican candidates for president. On MSNBC on Sept. 8, she said that Obama ?will challenge this nation to basically hold their leaders accountable for putting the interests of the people ? getting them back to work, getting this economy growing again ? ahead of the partisan political interests that are dominating Washington.?
Only a paid lobbyist for the liberal-left would make such a laughable claim on national television. It was during this time that she was lobbying for Kaplan against the interests of students and veterans.
But lobbying is where the money is. Last October Obama Transportation Secretary Ray LaHood?s director of public affairs, Jill Zuckman, moved to SKDK. She is a former political reporter for the Chicago Tribune and Boston Globe.
At SKDKnickerbocker, she also touts her journalistic credentials. ?As a reporter, Jill was a frequent presence on television and radio, providing political analysis on MSNBC?s Hardball, CNN, Fox and NPR?s Diane Rehm Show,? her bio states.
It?s called cashing in on political and media connections. And it?s all done in the name of ?the people? and the 99 percent.
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