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Reading Around on December 8th through December 9th

A few interesting links collected December 8th through December 9th:

  • News America Paid $29.5M in Mysterious Floorgraphics Acquisition | BNET Advertising Blog | BNET – The suit has a certain chutzpah to it. A source tells BNET that FGI had sales of less than $1 million. Many outside observers believed that at the time of the deal, FGI existed mostly to resolve its litigation against NAM, not as a functioning business. It’s hard to believe NAM thought it was buying a genuine business and not settling a lawsuit, which is essentially what NAM is arguing in its suit.
  • Stooper supports a family by cashing in erroneously discarded betting slips Boing Boing – (Image: OTB and me, a Creative Commons Attribution ShareAlike image from swanksalot’s photostream)
  • The Spending Wars | The American Prospect – How did military spending become sacrosanct? – Excellent question: How did military spending become sacrosanct?”When Rep. David Obey, chair of the House Appropriations Committee, recently proposed a surtax that would pay for the Afghanistan War, the collective response from most of his colleagues on both sides of the aisle was, “Are you nuts?” Nancy Pelosi quickly put the kibosh on Obey’s “Share the Sacrifice Act,” and all talk of funding the war has been banished. Meanwhile, Democrats have spent untold hours debating how to finance health-care reform, all while Republicans carp about how doing so is just too darn expensive, what with our ever-climbing deficit.”