World Snowmobile Racing Championships – Eagle River


Joe Drape:

But the wintertime blues disappeared Friday night, Day 2 of the 43rd annual World Championship Snowmobile Derby, which residents herald as the Indianapolis 500 of snowmobile racing.

Jimmy Blaze followed a fireworks display, which opened Friday Night Thunder, by defying physics and doing a back flip on a snowmobile to the whoops and mitten-muffled applause of the 10,000 people who crammed on a snow-covered hill at Eagle River Derby Track. The temperature had dropped to 25; the wind chill made it feel like 11 and a steady snow fell.

Hundreds of the young men and women in parkas bearing the logos of their favorite sled manufacturers, like Polaris and Arctic Cat, arrived by snowmobile. Families, too, planted camping chairs in the white bowl, but while mothers and fathers watched the racers hit 100 miles an hour on the track’s icy oval, their snowsuit-bundled children found a steeper hill for body-sledding.

The Fiction Zone that DC Has Become

Lessig explains why we’re (the US) so far behind in terms of broadband performance and economics:

How did France get it so good? By following the rules the US passed in 1996, but that telecoms never really followed (and cable companies didn’t have to follow): “strict unbundling.” That’s the same in Japan — fierce competition induced by “heavy handed” regulation producing a faster, cheaper Internet. Now of course, no one is pushing “open access” anymore. Net neutrality is a thin and light substitute for the strategy that has worked in France and Japan.

It will be interesting to see where our Wisconsin politicians land on this matter.

Blodget: The Bear Case for Google

Henry Blodget:

No one else is writing this piece, so it will have to be me. I should say upfront that I’m not predicting that this will happen (yet), and I’m certainly not making a recommendation. I’m just laying out a scenario that could kneecap Google and take its stock back to, say, $100 a share.

Google’s major weakness is that it is almost entirely dependent on one, high-margin revenue stream. The company has dozens of cool products, but with the exception of AdWords, none of them generate meaningful revenue. From an intermediate-term financial perspective, therefore, they are irrelevant.

So, the question is, what could happen to AdWords, and what will happen to the company (and stock) if it does?

Rather ironic – and refreshing, coming from Blodget.