Robert X. Cringely ( http://www.cringely.com/2010/05/carried-away/ ) and Fred Gibbons ( http://www.avc.com/a_vc/2010/05/why-taxing-carried-interest-as-ordinary-income-is-good-policy.html ) write in support of taxing carried interests as income in the U.S.

Cringely ends with "We need a better idea."

I ask, a better idea to do what? To take more money from venture capitalists?

What makes us think that giving the money to the government is better for the economy than leaving things as they are. Is the government becoming more efficient in using the resources it takes from people? Have they improved their efficiency the way Wal-Mart has in the past decades?

Financially-saavy folks, while still irrational, do respond to incentives more readily. This, in any form, sounds like a huge incentive for them to leave the U.S.

The U.S. lost its international lead in IPO's in the last decade (thank you, Sarbannes-Oxley). Now it looks like the government will help the U.S. lose its international lead in venture capital in this decade.

At least this comment attributed to Michael Arrington, reminds Fred on this: 

"I agree with you on this Fred, it's simply not logical to tax carried interest as capital gains. But on a more fundamental level I completely disagree. Our government wastes so much money and our politicians are so...bad...at governing that I cringe every time someone wealthy starts talking about how they need to pay more taxes..."

I have now turned off autoposting to Facebook from Posterous...

One step backward for Posterous, one step backward for mankind...?...

Burger King was promoting a new "Thick" hamburger here in California. I asked how much more meat it had than a regular. i.e. do i go for the thick or the double. It looked like it had 50-100% more meat. The order-takers said it has the same amount of meat, but it's just thicker. ?!?!?!?  Stay tuned for more adventures in 3D geometry...

http://techcrunch.com/2010/04/30/posterous-starts-automatically-inserting-affiliate-links-into-sites-forgets-to-tell-users/

www.facebook.com/adrianscott

It appears that Posterous's facebook auto-posting is no longer mentioning the person's blog name, just Read more on Posterous now, at least for me. No mention of this Huge Branding Grab on their blog.

In the past the link posted on Facebook would read "Read more on blogname" -- Now it says "Read more on Posterous".

This comes less than a week after the scandal about Posterous inserting affiliate links into sites. There is no mention of either of these on their corporate blog.

They are really killing their brand if this is their way of operating. Not good.

Update: From Posterous Help: "Yes, we recently changed that. The length of that link is only 25 characters long, which was leading to a lot of weirdness when site names were being cut off in the middle of the word (and a few times, some rather 'unpleasant' words resulted when the names were cut). So to improve the appearance of the copy and make sure these weird cuts weren't happening, we changed the text to say "Read more on Posterous."

If the 25 character limit is a serious issue, would it not be possible instead to have a setting for that? It looks particularly weird when you have multiple blogs posting to the same facebook page, and there's no differentiation. It also is still no excuse for the lack of communication with the users / community...

Now it just shows one page -- mainly events in the next day.

Upcoming.org is kinda useful, but has a lot of event spam, events listed even 90 times...

Curious...