The Big Three That’s *Not* Asking for Money and Why They Should Go to Washington Instead.

All day long we’ve been hearing about two different sets of The Big Three.

There’s The Big Three from Detroit, now jetless and nibbling on humble pie as they carpool it to Washington armed with their freshly minted ‘strategic’ plans so they can continue to troll for trillions.

Then there’s The Big Three from California, who in heated competition, each released new technology that’s projected to generate some hefty revenue.

An excerpt from today’s Seeking Alpha:

The three horse race between Facebook, Google, and MySpace to achieve dominance in the internet identity space doesn’t appear to be letting up any. It isn’t a mere coincidence that both Facebook and Google have announced their public launches on the same day; both are struggling to establish themselves as the de facto standard for both developers and end users. MySpace managed to beat out both Facebook and Google months ago when it publicly launched its service.

Which is why I wholeheartedly agree with the mavericky (and oddly charged) Mark Cuban who declared mere days after the Election that Obama had made his 1st big mistake.

Unfortunately, the economic advisory team that he has put together looks more like a semester’s worth of great guest speakers for an MBA class than an economic advisory team that can truly help him.

There are a lot of great minds on the list.

“Robert Rubin, Larry Summers, Laura Tyson, who served as Clinton’s top economic adviser; former Fed Vice Chairman Roger Ferguson; Time Warner Inc. Chairman Richard Parsons; former Securities and Exchange Commission chairman William Donaldson and Xerox Corp. Chief Executive Officer Anne Mulcahy.

Google Inc. CEO Eric Schmidt, Michigan Governor Jennifer Granholm and Roel Campos, an ex-SEC commissioner, and Warren Buffett are also on the advisory board.”

Notice anything missing ?

Not a single entrepreneur. Yes Warren Buffett started a business, but he will be the first to tell you that he “doesn’t do start ups”. Which means there isn’t a single person advising PE Obama that we know of that knows that its like to start and run a business in this or any economic climate. That’s a huge problem.

So here we are in the midst of a (insert scary word), (insert scarier word) recession, with the media convincing us that we all should be cowed and question ‘the American way’, and yet these Big Three geeks are still scrapping in the schoolyard to beat each other to the punch. Silicon Valley and its neighbors to the South practice a quirky version of spiritual capitalism, worshipping gamesmanship and brainpower, and it’s this bootstrapping version of business that needs to be well represented in Washington as President Elect Obama assembles his economic team.

Certainly, the man who used social media to the max in his winning campaign has to include brainiacs beyond academics, politicians and big business, yes?

Guru’s Note: Thankfully, Eric Schmidt of Google is on board, although has reportedly turned down the first-ever office of CTO.

Why Elections Have Been Changed Forever — And No, It’s Not The Black or The Babe Thing.

2004 seems like soooo 4 years ago. But in election years, that’s actually an entire generation. Or two. Because what happened in the 1460 days between Kerry-Bush and Obama-McCain was something that changed the course of every election forever.

Social Media.

During the 2004 Election season, there was no:

• YouTube (2005)
• Facebook (2006)
• Twitter (2006)
• MySpace was up and running in 2003 but it was largely a music-oriented Friendster.
• Digg was founded in 2004, after the election.
• The Huffington Post was founded in May, 2005.
• Politico was founded in 2007.
• Pioneering site Technorati was just beginning to cover the exploding blogosphere in 2004.
• RSS, which made every voter a potential publisher, wasn’t widely known until 2005.
• The term Crowdsourcing cropped up in a Wired story in 2006.
• While Howard Dean had his hefty email list in 2004, no one had a list of three million + cell phone numbers with which to introduce the new Vice Presidential candidate.

And importantly, way back in 2000 and 2004, there was no instant way to report problems with voting as there is this year via Wired’s special election day service.

Or to keep every single moment of Election Day uber-transparent. Click here to follow the election via Twitter.

Here’s an idea I love from iStrategy Labs founder Peter Corbett: Will text messages someday be the twenty-first century version of FDR’s Fireside Chats?

Guru’s Note: Interestingly, the first of FDR’s Fireside Chats was about ‘The Banking Crisis.’

The Inevitable Anti Sarah Palin Facebook Page.

In the wake of this morning’s news, here’s a new Facebook page with 1,666 fans and growing. Don’t you love the way social networking has blossomed into such a powerful vox populi tool?

With An ‘Attack Dog” VP Now On The Ballot, Dems in Denver May Need To Paws For Puppy Love.

Travelmole reports: When the Democrats come to Denver next week for their national convention, it will be dog days — at least in some places.

Particularly at the Hotel Monaco, where the “director of pet relations” will be on hand to greet attendees.

“Hercules” will be decked out in a specially-made red, white and blue tuxedo and top hat, which he will be debuting on August 25 in the Hotel’s lobby. He will be there for photos with both two- and four-legged fans, as well as a petting or two, sporting his new “Super Delegate” tuxedo.

With the polls showing McCain closing in on Obama, the diehard PUMA Hillary crowd not falling immediately into lockstep, and the feisty ‘attack dog’ Biden already in full pounce, a ‘paws’ for a little puppy love may be very welcome.