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There Must Be A Pony In Here Somewhere


Current DateTime: 02:19:48 27 May 2012
LinksList Documentid: 31373455
Expiration DateTime: 5/27/2012 2:21:55 PM
  •  
    Friday, 25 May 2012 3:02 PM ET

    Getty Images
    A sign with the 'like' symbol stands in front of the Facebook headquarters in Menlo Park, California.

    Some people may not "like" the way the Facebook IPO has gone, but don't tell the singers around the world you’ve gathered to say "Thank you" to the social networking giant.

    Thanks for what?

    For bringing us all together on one platform where all of our data can be harvested!

    However, this song is not a parody.

    This is an actual tribute to Facebook.  » Read More

  •  
    Thursday, 24 May 2012 3:25 PM ET

    America's love for bacon has reached a fever pitch in the past few years and now, this bacon mania has spawned a new trend: Bacon tourism. You can pretty much eat your way across America all year long, from one sizzling bacon festival to another!

    Source: Blue Ribbon Bacon Festival
    It's a BaconMobile! The Blue Ribbon Bacon Festival went whole hog with a bacon-wrapped Mini Cooper.

    One of the most famous festivals is the Blue Ribbon Bacon Festival in Iowa, which is the top pork-producing state in the U.S., carries 29 percent of the U.S. market share and has six times the number of pigs as people. Now in its sixth year, the festival has grown from a small gathering of bacon-loving friends at a cabin in northwest Iowa to a mega-festival: More than 10,000 bacon enthusiasts are expected to attend the next one in April 2013 and consume more than 12,000 pounds of bacon!

    The festival features 10 different types of bacon, plus all things bacon — bacon sausage, bacon meatballs, bacon doughnuts, bacon butterscotch cupcakes — even a walking slab of bacon! There’s a bacon-eating contest, bacon lectures and a bacon song contest — and yes, there’s a crowning of the Bacon Queen! Contestants are asked questions like their favorite memory of bacon, their favorite kind of bacon and their favorite way to cook bacon (the most common answer is “naked,” incidentally).

     » Read More

  •  
    Tuesday, 22 May 2012 6:22 PM ET

    BLACKMAIL YOURSELF!

    Stephen Marks | The Images Bank | Getty Images

    Why do some people excel in public venues like school or work but sometimes fail in private ventures like losing weight or saving money?

    They lack peer pressure in their private lives.

    That's the theory of Aherk!, which claims that being in the public eye serves as a valuable motivator. You work harder when everyone’s watching. It’s like "The Hunger Games"…without the mass slaughter of children.

     » Read More

  •  
    Friday, 18 May 2012 1:33 PM ET

    webtouch_selling  | Ebay

    Well...that was interesting, wasn't it?

    As trading in Facebook [FB  Loading...      ()   ] was delayed a full half hour, I tweeted, "Greeks running NASDAQ."

    When the stock finally opened, shares shot up about 10 percent, then came right back down to unchanged, and then...and then...

    Some of you might need a drink.

    Buzzfeed has come up with a collection of Facebook IPO cocktails. Unfortunately, the list came out before shares started trading. 

     » Read More

  •  
    Friday, 18 May 2012 1:17 PM ET

    The Facebook IPO has raised a lot of questions: Has the social-networking giant's popularity peaked? Is the stock a “buy”? And is a hoodie acceptable fashion for a CEO?

    Facebook
    Photo by Cindy Perman for CNBC.com
    Facebook is cool now but for how much longer? "Analyst" and Mackay elementary student Samuel Hsieh was among the kids that offered some expert advice.

    We decided to consult the “experts” — kids at the Mackay Elementary School in Tenafly, N.J. These kids don’t remember life before Facebook. They grew up on the Internet, so who better to tap as experts?

    Of course, they haven’t looked at all of the company’s financials yet, but these pint-sized analysts used the social networking site's “cool factor” and outlook to determine whether or not the stock is a “buy.”

    Of the 10 kids we polled, the consensus was a “buy,” though there were a few “sells” in the crowd.

    “I think Facebook [FB  Loading...      ()   ] is a ‘buy’ because I think it’s going to be cool for a few more years,” said student Tristan Pitt.

    “I would want to get part of the stock because I would want to make a lot of money,” added fellow student Matthew Wortmann.

     » Read More

  •  
    Wednesday, 16 May 2012 1:10 PM ET

    Los Angeles, California
    AP
    Does Facebook have the power to rid LA of smog? Jane thinks it just might.

    Have you heard that Facebook is going public with an IPO this week? It's going to do great things for all people.

    It will make everything better, especially in California.

    The latest state finance projections estimate that Facebook's IPO will add $14 billion to personal incomes in California just this year. That's up from $12 billion earlier this week. The IPO will account for 20 percent of all income growth in the state this year, and nearly one percent of all income, period.

    The California Legislative Analyst's Office predicts shares will price at $38 and rise to $45 "in six months." Over the next few years, total IPO-related personal income and capital gains taxes will reach $2.4 billion without a proposed tax hike, $2.9 billion if voters give the tax hike a "like" in November.

     » Read More

  •  
    Tuesday, 15 May 2012 4:29 PM ET

    In the budget revision released this week by California Governor Jerry Brown, there was only one thing to “like”—Facebook.
    Facebook
    Tony Avelar | Bloomberg | Getty Images

    "The biggest change in the California outlook stems from incorporating assumptions about the impact of the initial public offering of Facebook stock,” reads the Governor’s report. “It may turn out to be one of the largest initial public offerings in U.S. history and far larger than all of the recent offerings in the internet sector."

    How large?

    "The Facebook IPO could result in about $12 billion of additional income for California residents in the latter half of 2012."

    Twelve. Billion. Dollars. Really?

    The state income taxes on that alone would top $1.2 billion, enough to fill 7.5 percent of the current $16 billion deficit.

    We called the Governor's office to see how it came up with that $12 billion number.

     » Read More

  •  
    Friday, 11 May 2012 12:39 PM ET

    College graduation time! Congratulations on working so hard to earn that degree in architecture. Welcome to McDonald's.

    According to Georgetown University, architecture majors have a much higher unemployment rate than other recent grads—a whopping 13.9 percent.

    The study came out a few months ago, and it seems like a good time to go through the numbers, as parents across America prepare themselves to be bombarded by pleas from graduating progeny to move home because, “It’s so haaaaard to find a job.”  » Read MoreGeorgetown says recent graduates with the best chances of getting jobs have degrees in healthcare and education, with an average jobless rate of 5.4 percent. That's nearly three points lower than the rate for grads with degrees in computers and math.

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ABOUT THIS BLOG

The news can get a little heavy sometimes, with debt crises, vicious markets and crappy earnings reports. So, we dispatched our crack reporters, Cindy Perman and Jane Wells, to find some levity amid all this seriousness. May we offer you a Keynesian cocktail with a side of bacon?

Why a Pony? To be clear, there were no ponies harmed in the making of this blog. The blog’s name, “There Must Be a Pony In Here Somewhere,” comes from an old joke, a favorite of Ronald Reagan’s, that essentially means, with a pile of you-know-what this big, there MUST be a pony—a bright side—in here somewhere!


CONTRIBUTORS


Current DateTime: 02:17:52 27 May 2012
LinksList Documentid: 43857646
  • Cindy Perman

      News Editor at CNBC.com and the author of The Pony Blog (ponyblog.cnbc.com). She has also written a book, “New York Curiosities,” and does stand-up comedy.

  • Jane Wells

      CNBC business news reporter, based in Los Angeles, covering the defense and technology industries. She writes the CNBC.com blog Funny Business.


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