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Best of the Blogs: Mr. Hastings (Netflix CEO) Goes to Washington

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Minyanville's daily roundup of some of the best financial commentary from around the Web.

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This column highlights the most interesting and useful business and financial commentary from around the Web each day. Feel free to send along your own suggestions for blog content that you've read or written.

All Things D
Link: Please Don't Tell Me What You're Watching on Netflix
"Facebook's "frictionless sharing" system means you end up telling your friends about everything you're doing, whether they want to know or not. Netflix wants to tie this into its streaming service, but can't, because of a U.S. privacy law. Netflix CEO Reed Hastings, who is also a Facebook board member, is backing a bill that would change the law. Right now, it's tied up in the Senate. But if it passes, don't expect Netflix subscribers to thank him. They have absolutely no desire to learn what their Facebook pals are watching."

Economix
Link: America's Fossil-Fuels Jobs Boom
"With gasoline prices spiraling higher and weighing on economic confidence, President Obama called over the weekend for further investment in a "clean-energy future." But there is a flip side to that increasing pain at the pump: a huge jobs boom in fossil fuels industries." (For related content, see Oil and Politics: The Real Situation in Iraq.)

Capital Gains and Games
Link: GOP Going Back On Budget Deal Is Ridiculous, Infuriating
"My column from today's Roll Call explains why "ridiculous' and "infuriating" are two of the milder words you might want to use when you think about the latest House GOP plans to abandon the deal it agreed to in August and try to use the fiscal 2013 budget resolution to cut appropriations even more. In case you're wondering, This and they are not going to come even close to being successful."

China Real Time Report
Link: Jeremy Lin to Help Drive Volvo Sales in China?
"U.S. basketball star Jeremy Lin is in talks with Chinese-owned Volvo to endorse the Swedish car brand in China, according to a person familiar with the matter. If the talks lead to an agreement, it would mark one of the first major corporate deals for the 23-year-old New York Knicks starter since his ascent to basketball stardom earlier this year." (Also Read: Minyanville Presents: The Jeremy Lin-dex.)

Bits
Link: The New iPad Is Already Scarce
"If you haven't ordered the new iPad already online and you don't plan to brave the lines likely to form later this week when it goes on sale in stores, don't expect to get your hands on the device anytime soon." (Also read Apple iPad Sellouts, TI Shortfall Raise Stakes for Android in the Tablet Game.)

Twitter: @Minyanville


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No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

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