Submitted by bsfootprint on Thu, 04/05/2012 - 18:11
Here's why it's a massively bad idea to rely on Google AdSense for revenues if you're an online publisher:
In a nutshell: Google bid on, displayed, and then failed to pay for over $40,000 of advertising space on Hatchlings. They have since stonewalled us for almost a year, locking us out of our accounts, screening our phone calls, ignoring our emails, and making it a living hell to figure out what exactly went wrong.
Google's well-known in publisher circles for pulling this kind of stunt. They cut you off at the knees with no warning, no redress.
Develop multiple revenue streams. Seriously.
Edit 4/27/2012: Added links to other sites discussing problems with Google's "we don't give a shit about you" behavior... (see below.)
Submitted by bsfootprint on Wed, 03/07/2012 - 09:19
Charles Hugh Smith's take on our Let's Pretend attitude towards higher education:
We also have a "let's pretend" education/student-loan game running: let's pretend college is "worth" the investment, and let's pretend student loans are about education. There are three dirty little secrets buried under the education/student-loan complex's high-gloss sheen:
1. Student loans have little to do with education and everything to do with creating a new profit center for subprime-type lenders guaranteed by the Savior State.
2. A college diploma's value in the real world of getting a job and earning a good salary in a post-financialization economy has been grossly oversold.
3. Many people are taking out student loans just to live; the loans are essentially a form of "State funding" a.k.a. welfare that must be paid back.
We've got a lot of charts that reflect reality rather than hype, so let's get started.