I’m pissed I even wasted my time clicking that crap and now I’m getting angrier by the second for even blogging about it.  Anyway, here is the straight dope right from Google’s mouth:

Public profiles
The purpose of Google Profiles is to enable you to manage your online identity. Today, nearly all Google Profiles are public. We believe that using Google Profiles to help people find and connect with you online is how the product is best used. Private profiles don’t allow this, so we have decided to require all profiles to be public.

Keep in mind that your full name and gender are the only required information that will be displayed on your profile; you’ll be able to edit or remove any other information that you don’t want to share.

If you currently have a private profile but you do not wish to make your profile public, you can delete your profile. Or, you can simply do nothing. All private profiles will be deleted after July 31, 2011.

Here’s the link to the above.  Enjoy.

John Pualson personally earned $3.7 BILLION with a capital “B” last year.  Now if that isn’t absolutely killing it, I don’t know what is.  He’s not alone either.   Quite a number of other fund managers completely cleaned up betting on everything from the subprime mortgage collapse to the rising cost of commodities.  These guys made billions.

The Post goes on to quote Daniel Strachman, a former hedge fund manager and author:

“It’s clear somebody has to win and somebody has to lose,” he said. “It’s not pretty at all because people say, ‘Oh my God. Look how much money these guys are making while people are losing their homes and are complaining about the cost of eggs and sugar.’ But so what? We don’t live in a society that is pretty all the time. That’s why it’s capitalism.”

You know, as much as I hate seeing the little guy (that’s you and me) lose as a result of the current economy, I have to agree with Strachman.  Not everybody wins.  That’s life and that, indeed, is capitalism.