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Showing posts from May 29, 2011

The stupid things they say and do - Part 1

I have decided to start a series of brief comments on the current flood of rather incoherent babble that attacks us in the U.S. from every which direction. Here is a relevant snippet from my favorite New York Times, 5/30/2011, Changing the world by dropping out : Parents, do you hope that your children have the chance to become like Peter Thiel, the PayPal co-founder, Facebook investor and hedge fund manager? If so, Mr. Thiel suggests that you encourage them to drop out of school. In fact, he will help by paying them to do it. On Wednesday, the Thiel Foundation , funded by Mr. Thiel, announced the first group of Thiel Fellows , 24 people under 20 who have agreed to drop out of school in exchange for a $100,000 grant and mentorship to start a tech company. More than 400 people applied. The winners include Laura Deming, 17, who is developing antiaging therapies; Faheem Zaman, 18, who is building mobile payment systems for developing countries; and John Burnham, 18, who is w...