Just read this. Its from the WSJ. It´s crazy. They managed to do a survey of rich people who owned private jets and their extra marital affairs expenditures in times of crisis. Results on this awkward survey on generosity were suprising.

Women were far more generous to their paramours in the face of financial crises. Less than 20% planned to lower allowances, gifts and perks, while more than half planned to raise them.

Instead here is a comment from a troubled man:

Before September the 15th, I’d promised my mistress both a breast enhancement and a liposuction for the Holidays. Now I can only afford one or the other…so she’s going for the enhancement next month. But, if things get much worse she’ll have to choose between enhancing just her right or just her left breast. Truth be told, I don’t really care. I love her just the way she is now.

This is our chance to do something different. Car companies all over the world are asking for help. Why don´t we reinvent the car industry as they are doing in Israel in exchange for help?

Mendota Hills Wind Farm
Image by thomas.merton via Flickr

Over the last 4 years my biggest investments have been in the development of wind farms, solar farms and in FON. One could argue that it is quite a diversified strategy. What correlation could there be among a global WiFi network, and wind farms and solar farms around Spain? Well there is one. On a day like today, when it is cloudy, but not windy, throughout Spain and cold everywhere in the Northern hemisphere, revenues are at their lowest in all companies. Solar Farms get no sun, Wind Farms get no wind, and people stay indoors and connect less to WiFi at FON. And on top of that, I can´t even go cycling ’cause it´s too cold! The weather sucks big-time today!

Wi-Fi logo
Image via Wikipedia

Stacey at GigaOm shot his video. While this video won´t make it to the most watched videos it gives an excellent explanation of why WiFi keeps growing exponentially around the world. In 2006 when Fon was founded there were around 200 million wifi chips made and this year will end with over a billion. And while it doesn´t mention Fon it is gadgets that is making us end the year with over 300,000 Fonspots around the world. It´s paradoxical that Fon started as a WiMax company, failed and was reborn as a WiFi company. WiMax is the perennial future that never happens. WiFi grows and grows.

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I am still surprised that moderate Muslims around the world don´t rally in protests against radical Muslims who commit horrendous atrocities in the name of Islam. Why don´t moderate Muslims stage demonstrations in London after the terrorist attacks of July 7th as moderate basques do against ETA after ETA assassinates? I am Jewish and when the State of Israel attacks Lebanon in what I consider a disproportionate response to the kidnapping of soldiers by Hezbollah I protest and explain my views in such a way as creating a site known as Jews For Lebanon, that obtains donations from like minded Jews for organizations that rebuild Lebanon. Why don´t I see similar gestures or organizations on the Muslim side?

What happened in Mumbai is pure hatred. Muslim terrorists targeting British and US nationals and the only Jewish center in this Indian city and killing and injuring hundreds of innocent people. Now, how can the Muslim world rally so effectively into massive demonstration over such incidents as some offensive Danish cartoons, and moderate Muslims cannot organize in horror over the current Mumbai massacre?

Think of what would happen if the opposite were true. Imagine a group of racists, anti Muslim militias who would go around London asking people if they were Muslim and shooting them or randomly taking them hostage. Wouldn´t all of European society stand by Muslims everywhere and strongly condemn this act? Why can´t Muslims everywhere demonstrate against the Mumbai massacre? Why couldn’t the hundreds of thousands of Spanish Muslims condemn the Atocha massacre?

In my view, until moderate Muslims, who are the majority of Muslims, mobilize against terrorists, and not only against some Danish cartoons I don´t think things will change.

Spain is going to grant citizenship to 1.5 million grandchildren of civil war exiles. The news came as a surprise. Although I myself am an Argentine immigrant, am in favor of immigration, supported the PSOE in their amnesty and am sure that things would be going much worse for Spain had it not welcomed 4 million immigrants since the year 2000, I believe that this measure is a mistake by the government. There are two main reasons for this: one is the criterion for selection, as only one out of four grandparents needs to have been exiled; the other is the idea itself: welcoming many new Spaniards during a period in which things in general are going pretty poorly for Spain, and it is simply not capable of receiving many new immigrants without jobs and a nationality. Moreover this measure stands in great contrast with other government measures in which residents in Spain are given rewards to return to their country.

Potentially allowing 20% more immigrants to enter the country, chosen because of who their grandparents were, abandons the concept of meritocracy in practice until now, which says that an immigrant has to have a work contract. With respect to immigrants, Spain needs to have a selection criterion that has more to do with who they are today and not so much who one of their deceased grandparents was. There is no doubt in my mind that it was an enormous injustice that so many Spaniards had to emigrate more than 70 years ago. What is not very clear to me is how there is a stronger connection between that – in most cases – already deceased person that had to leave and his or her grandchild than there is, for example, between a current Argentinean resident of Spain and his own family, whom he cannot bring, even though he already lives in Spain and contributes to the country. I understand the concept of citizenship passing from parents to their children, especially because it is about the reunification of family, but passing it from a grandparent to all of his or her offspring is an idea that – although beautiful – ends up producing an enormous pool of possible candidates without job offers whom, at this time, Spain simply cannot take in.

What’s more, if the idea is to link immigration with family, then to me the case of the immigrant with a deceased grandparent who was exiled is much less convincing than the case of a husband or wife who wants to have citizenship and bring his or her living spouse or children now. It doesn’t make sense to think about an injustice that occurred 75 years ago and forget about a current one. In other countries, immigration is seen as a quota issue, and the best way to fill said quota is sought. While I do believe that a tremendous injustice was committed by Franco 3 generations ago I believe that a new one is being made today if nationality is not granted first to those foreigners now working in Spain who are not allowed to bring their loved ones.

YouTube´s new moral guidelines are suprising. In America, people confuse nudity with pornography and it is unfortunate that YouTube is a global site so we all have to live by American standards. In America, as opposed to Europe, nudity is a no-no. But then when it gets to violence anything goes. I don´t think much should be censored on YouTube. If it was up to me I would territorialize it, not censor it. But if I was forced to censor I would ban graphic violence way ahead of nudity. Seeing people die, people tortured, corpses, real war scenes, shocks me much more than seeing people naked.

Why do the Big Three automakers lobby together and be saved together? If the problem is over investment, or lack of demand, wouldn´t it be smarter to save two out of the three? If one goes under the other two are automatically healthier. And then the opposite is true. Saving three is costlier and more risky so sentiment maybe so negative that then none are saved. That would also be a mistake.

Here´s an article describing how BT has double WiFi usage working together with Fon.

Pietro Saccomani, my TA of last year at my entrepreneurship class has started a group in Facebook that is called I studied entrepreneurship with Martin Varsavsky. If you were ever a student of mine please feel free to join. Thank you XL for the recommendation to start this group. In theory there could be over 500 people who have studied with me in the last 10 years at IE. But students are all over the world now and I don´t really know how to reach them other than blogging about this group.

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