Welcome to pnp live. Im brad graham the coowner of politics and pros along with my wife Alyssa Muscatine and we have what promises to be a very Engaging Program for you this evening featuring journalist Peter Goodman here to talk about his new book davos, man how the billionaires devoured the world. A couple of brief housekeeping notes first though to post a question at any point during the discussion. Just click on the q a icon at the bottom of the screen and in the chat column, youll find a link for purchasing copies of davos, man. As peter notes in his prologue many people do a lot of ogling at the lives of billionaires. We marvel at their outlandish parties their trophy estates the details of their vastly expensive divorce settlements. We watch fictionalized tv shows based on their excessive lifestyles applaud their philanthropy and occasionally even elect them to public office. Peter makes an impassion and detailed case that these richest people in the world have done great harm t
Mandarin]ng to make the Partnership Work it was critical to smooth and integrate yahoo china under ali babas management. We chartered a transfer to bring yahoo china to visit their new national headquarters. It didnt take long before we realize that the two teams have very different cultures. Seemedinas team weary of Management Changes and seem to think that getting taken over by a local company was a step down. The two teams didnt mix well. And other important challenges getting government support. Jack that with local government leaders to explain the benefits they would bring. Have earned the support of local government over the years because, at an ecommerce company, alibaba was seen as a giant. [speaking mandarin] with the government embracing the partnership, we received an important green light. We learned that when we acquired yahoo china we also acquired up local hot potato. Severals broke that years earlier yahoo handed email information about a chinese political dissidents t
Were reading the pamphlets loser is writing. The very short and easy to read. This means nobody is reading the classics anymore. The greeks and romans. And then we get this time and time again. We get it with twitter now the people say its terrible. Anyone could say anything. This is good because its broadening access to publishing to more bald people in democratizing publishing. Clearly what happens each time you have one of these expansions as it initially appears to be completely unmanageable and it takes some time to work up mechanisms in the stuff you want to see from the stuff you dont. And the Printing Press made it easier to publish books, there was an explosion of publishing. People felt really overwhelmed. There were complaints of information overload in the 1500s. But what happened in the centuries after that. People came up with technologies, tools for dealing with it. Conflict book reviews, table of contents, index. They work out which books may be relevant to and which pa
Thats a scrooge christmas. And the republicans they say that the democratic offer is not a serious one. Check it out. Lets not kid ourselves. So where do we go from here . And the Business World itself is waiting to see if we drive off the cliff. Theyre taking action right away. Deals are being done to sell companies. Stocks, homes, dividends, almost anything to avoid a big tax wallop after the first of the year. You see, folks, as ive said for so long, taxes do matter. Later on were going to tell you exactly why. First up the president place santa claus. White House Press Secretary finds spending cuts deeply irresponsible. For all this and more joining us now is katie pavlich. What Speaker John Boehner has always said, a dollar tax increase, a dollar spending cuts. President obama who jay carney represents during his Daily Press Briefings at the white house wants an unlimited debt limit. He wants no debt ceiling on the amount of money that he can spend. So jay carney is taking shots a
Success, is in such dire straits that the city is in need of an intervention. On tuesday afternoon, a panel of stateappointed experts released their findings that the city of detroit faces quote, a financial emergency, one which they say the city is not equipped to address. As a result, detroit may soon become the largest american municipality in history to file for bankruptcy. The decision may be left to just one person. If michigan governor rick snider decides to act on the panels report and appoint an emergency financial manager, a decision expected to be made in the coming week. Key findings of the sixperson panel include that the Detroit Police department has more than 2,000 employees but no Accurate Information on how they are deployed. That the citys longterm liabilities in 2012 grew beyond 14 billion and that the city officials violated accounting and budgeting rules. Detroit is on the verge of collapse but if youre thinking wait a minute, didnt we already save detroit, the con