I was introduced to TED talks a few years ago.  Every now and again I remember to go and check them out as they are truly awesome talks that are very interesting and sometimes very inspiring. 

I came across the talk below yesterday and had never heard of Juan Enriquez.  I started to watch this video and was enthralled in just a few seconds of watching.  One thing I have read and heard about restring an economy after a bust is there needs to be a wave of innovation.  Juan thinks that wave is in the biotech industry.  I don’t disagree with him in the slightest, especially after seeing his case for it.  What I am worried about is after the bust of the biotech industry what is going to be the next wave of innovation to get us out of an economic disaster?

I think one of the major things that Juan misses here is discussing the root cause of economic cycles.  If he would only take a look at the Federal Reserve and talk about money creation and monetary policy it would go a long way in his presentation.  The fact that he completely omits it is disappointing.  He doesn’t leave his audience any smarter than when they came in, just more informed about the next bing innovation wave and opportunity for the Fed to create an environment to have malinvestments in ideas that shouldn’t be invested in due to cheap money.

At any rate, Fed monetary policy and the effects it has on investment and innovation is a whole other topic.  If you’d like a starting point I would suggest reading about the late 90’s dot com boom and bust.

Enjoy the video!

Food Stuff:

While browsing I came across this tidbit.  I guess I could be called a “foodie.”  Although, probably not as much as a foodie as others, but this next article would be a nice thing to see.  I don’t know how it would really pay for itself, considering how inexpensive stickers and label makers are.  Would still love to see it so I don’t have to pick off stickers or create stickers while at the super market.

Laser Labeling Coming Soon to Fruits, Vegetables

New laser labels. Photo: ARS/USDA.

Political Stuff:

This past weekend was the huge rally in Washington D.C. by the “Tea Party Express.”  The World Net Daily has a decent article about it.  The main thing I was looking for was a rough estimate of how many people where there.  It looks like there really is no “rough” estimate, thanks to our wonderful media outlets.

Though crowd estimates vary from as low as 60,000 to 70,000 according to ABC News to a high of 2 million by London Daily Mail, photographs and videos of the march and rally demonstrate its enormity. (WND)

It’s a good thing that Obama was fully aware of the rally taking place or was he?

The White House said Friday it was unaware of the rally. President Obama has traveled to Minneapolis, Minn., to promote his health-care plans at a rally there. (WND)

At any rate, below is a picture of the attendance.  You decide if you think it was a success or not.  Looks to me it was pretty successful and rivals some of the largest protests in our nation’s history.

Awesome Stuff:

This one needs no explanation.  It’s just awesome!

The Hurt Feelings Report – a.k.a. The Cry Me a River Whine Report

External Links:

• Juan Enriquez shares mindboggling science
• Laser Labeling Coming Soon to Fruits, Vegetables
• A million or more rock Washington
• The Hurt Feelings Report – a.k.a. The Cry Me a River Whine Report