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[News] Op-ed: Free Software the Cure to Recession

How Open Technology Could Lead Us Out Of Recession

,----[ Quote ]
| At the same time, the United States has not only lost its former dominance in 
| world technology, it is rapidly achieving a status of "a nation of 
| shopkeepers".  
| 
| We need to remove the barriers to entering the market. We need to be the 
| innovators in science and technology again. We need to regain the excitement 
| we had about scientific progress back in the 1940's and 1950's. We need 
| technicians in white lab coats, and we need to look up to them because they 
| are giving us wonderful things like atomic power and trips to the moon again. 
| We need kids to be excited about getting a chemistry set again. We need to 
| let those garage start-ups break out of that garage and open up their own 
| factory. We need to bring back homebrew computer clubs. We need people who 
| can say that they know something about computers besides how to turn one on.        
| 
| In short, we need more geeks. Geeks make money.
`----

http://penguinpetes.com/b2evo/index.php?title=how_open_technology_could_lead_us_out_of&more=1&c=1&tb=1&pb=1


Recent:

No Recession at Red Hat

,----[ Quote ]
| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that 
| corporate customers and the industry benefit from what he called Red 
| Hat’s “Switzerland status” — not being a province of one of the major powers 
| in the technology industry.   
`----

http://bits.blogs.nytimes.com/2008/03/27/no-recession-at-red-hat/


Economic downturn = Financial upturn for GroundWork and open source

,----[ Quote ]
| It's a great time to be in open source. When I see people straining to sell 
| and buy homes, I can smell the recession. But when I go to work selling 
| open-source solutions, I can taste prosperity. A downturn separates the wheat 
| from the chaff. Here's hoping for even more open-source "wheat."   
`----

http://www.cnet.com/8301-13505_1-9900837-16.html?part=rss&tag=feed&subj=TheOpenRoad


Schmidt: Google 'well-positioned' for a recession

,----[ Quote ]
| Google, the world's leading Internet search engine, said Tuesday it can 
| weather any economic downturn because its advertisers are broad-based. 
| 
| Chief Executive Eric Schmidt acknowledged that a shortage of credit in 
| financial markets is a "very serious issue" and that many people are 
| expecting a global economic slowdown.  
| 
| "It's too early to say if there's (already) been any specific impact. But if 
| there were, I don't think it would be much," Schmidt told reporters at a 
| briefing during a visit to Sydney, Australia.   
`----

http://news.zdnet.com/2100-9588_22-6234685.html


Sun: Economic slowdown favors open source

,----[ Quote ]
| Speaking to ZDNetAsia in an exclusive interview, he said the economic 
| slowdown in the United States will favor open source companies. "During an 
| economic slowdown, not everything slows down [and] IT projects will continue 
| to be undertaken. But IT budgets will be reduced," he said, noting that 
| companies will then turn to lower cost software options such as open source.     
`----

http://www.zdnetasia.com/news/software/0,39044164,62038598,00.htm


Software Firms Face Recession Ripple Effect

,----[ Quote ]
| If the economic downturn hits the information technology sector, investors in 
| business software companies are probably safe for one more quarter of 
| earnings reports.  
`----

http://www.thestreet.com/_yahoo/newsanalysis/techstockupdate/10403419.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
http://tinyurl.com/35tfgn


Forrester cuts tech outlook on U.S. recession risk

,----[ Quote ]
| Technology research firm Forrester Research Inc cut its forecast for 2008 
| global technology purchasing growth by a third on Sunday, citing the risks of 
| a U.S. recession  
`----

http://www.reuters.com/article/marketsNews/idUKN0848701220080211?rpc=44


Forrester, IDC cut tech outlook on US recession risk

http://www.reuters.com/article/marketsNews/idCAN1165370220080211?rpc=44


Recession fears could end bull market

,----[ Quote ]
| The slide could be halted, however, if bellwether companies such as Apple and 
| United Technologies engender hope that the U.S. economy can avert recession. 
`----

http://biz.yahoo.com/rb/080121/column_stocks_outlook.html?.v=2


Related:

,----[ Quote ]
| Sadly, many of these brilliant people have been blinded by the stock
| price and unable to see that Microsoft is also the key architect of
| the greatest financial pyramid scheme this century. 
| 
| It is not uncommon for participants in pyramid schemes to lose their
| emotional bearings. My close friends who work at Microsoft are
| particularly upset over my work and it is possible that even Bill
| Gates and Steve Ballmer do not realize the implications of their
| financial practices.
`----

http://www.billparish.com/msftfraudfacts.html


,----[ Quote ]
| As with all pyramid schemes, it is important to get as close to tier
| 1 as possible. From a practical standpoint, usually only tiers 1 and 2
| will derive significant long-term economic rewards from such schemes.
`----

http://reactor-core.org/microsoft-pyramid.html

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