“I don’t think John McCain could run a major corporation. I don’t think Barack Obama could run a major corporation. I don’t think Joe Biden could, either. But it is not the same as being the president or vice president of the United States. It is a fallacy to suggest that the country is like a company. To run a business, you have to have a lifetime of experience in business, but that’s not what Sarah Palin, John McCain, Barack Obama or Joe Biden are doing.”

– Former Hewlett-Packard CEO Carly Fiorina

Her dreams of heading up the World Bank dashed, former Hewlett-Packard (HPQ) CEO Carly Fiorina, the architect of one of the worst tech mergers in history, has turned her attention to the U.S. Senate.

After months of speculation, Fiorina officially announced her candidacy today. She’ll run as a Republican against Sen. Barbara Boxer (D., Calif.). Of course, to do that, she must first win the Republican primary. Fiorina broke the news in an op-ed in the Orange County Register.

“Admittedly, I have not always been engaged in the electoral process, and I should have been,” she wrote. “For many years I felt disconnected from the decisions made in Washington and, to be honest, really didn’t think my vote mattered because I didn’t have a direct line of sight from my vote to a result. I realize that thinking was wrong.”

Reflecting on her personal history, Fiorina continues: “As I grew throughout my career, beginning as a secretary and eventually becoming a CEO, I saw how government impacted business. I learned more as a member of advisory boards at the State Department, the Pentagon and the CIA. I now understand, in a very real way, that the decisions made by the Senate impact every family and every business, of any size, in America. This is what motivates me to run for the U.S. Senate. And so today I am announcing my candidacy to serve the people of California as your next U.S. senator….Together we can turn things around.”

Together we can turn things around? Not if Fiorina’s performance at HP is any indication. Before she was forced out of the company by its board of directors, she was so at odds with the uniquely Californian “HP Way” that her corner office could have been powered solely by Bill Hewlett spinning in his grave.

UPDATE: Here’s another Fiorina op-ed from earlier this year in which she discusses executive pay. Unsurprisingly, she is against President Obama’s efforts to restore “common sense” to CEO compensation. And why wouldn’t she be? After all, she walked away from HP with a $21 million severance package.

UPDATE: For those of you just joining us over at CNet, the headline is a joke referring to HP’s ill-starred merger with Compaq.

Wednesday morning, Boomtown opened with the exclusive confirmation we’d all been waiting for: Microsoft’s Bing search engine had inked deals with Twitter and Facebook. The age of real-time is upon us. As if the world weren’t complicated enough, Microsoft (MSFT) opened its own Apple stor… er, Microsoft stores to challenge Apple’s (APPL) retail success. Kara went in like lion and out like Carl Icahn this week with a Friday profile of the mogul. Icahn, activist investor and owner of the world’s best name to precede “haz cheezburger,” quietly left Yahoo’s board this week waving a flag of defeat at CEO Carol Bartz.

Digital Daily took a hard look through the Windows this week. John covered the Microsoft’s release of the new leaner, meaner Windows 7. John’s conclusion: Microsoft’s lucky number could be seven, even if that’s just because it’s anything but Vista. Hopefully they programmed this one with 20 percent more customer goodwill. John reminded us this week that you never can tell what John McCain is going to do next, unless you follow the money. Maverick McCain introduced a bill to prohibit the Federal Communication Commission from implementing the Net neutrality rules it released in recent weeks. Digital Daily wasn’t too surprised to see Sen. McCain take the bold position, as it’s squarely in front of the same telecom industry that has been so generous to him in the past. To round things out, John covered a particularly interesting legal chess game/slap fight between Nokia and Apple. Nokia (NOK) may have sued Apple (AAPL) over cellphone patents, the analysts say, as a way to fend off possible suits in the other direction over Nokia’s multitouch assets.

MediaMemo makes sense of that crazy New York state of mind. That clarity was more valuable than ever this week when Demand Media got in our faces. Peter explained Demand’s model for flooding the net with cheap news stories designed to maximize clicks and add revenue. We’ll have to see how the “content by the numbers” game plays out. In the latest installment of the Condé Nast saga, Peter brought news of a new attempt to grab some of those new media dollars. GQ Magazine will offer its December issue in an iPhone version. This move comes during a round of downsizing all over the Condé empire. While Condé Nast’s strategy seems to be to get users to pay for something they couldn’t get before, it appears that Hulu plans to ask users to pay for something they can currently get for free. Hulu doesn’t know how it will happen yet, but the video service is looking for a way to begin monetizing its vast collection of movies and TV shows. If the company goes with “Hulu Plus” as a subscription option, maybe Peter will get a nod to the naming rights.

Walt spent his column inches this week on the evolution of the Mac. Midweek, Apple released refreshed versions of the iMac and MacBook, as well as the new Magic Mouse. All signs seemed positive with the new products, which feature updates like a larger screen option for the iMac and a rounder, more lovable case for the white plastic MacBook. When Walt went out to check the mail, Mossberg’s Mailbox was again full of Windows 7 questions. Walt discussed some of the new low-vision features in Windows 7, explained the admittedly complicated price points and told readers where to download the operating system.

Katie brought a sparkle to the week with a review of Goby, the self-proclaimed search engine of fun. While she was impressed by the concept, she spotted some gaping holes in search returns, like hundreds of missing events she knew to be on the calendar and others that had already come and gone. Goby might be a great idea, but Katie won’t be relying on it until things like accuracy and timeliness are better addressed.

Weekend Update can make two promises for what’s coming next. First: If it is happening in tech, you will find it at AllThingsDigital. Second: Weekend Update promises to keep the ghost puns to a minimum in the next edition.

Evidently, McCain views such rules, which would require Internet service providers to treat all Web traffic equally, as “onerous federal regulation” at best and, at worst, another one of those “government takeovers.”

“The [Obama] administration can’t resist imposing regulations on the Internet–particularly since Google Inc. and other Internet content providers were promised the imposition of such regulations as these companies seek to control what consumers see and don’t see on the Internet–despite the fact that these regulations will only serve to hurt consumers,” McCain wrote in an op ed in the Washington Times.

“The wireless industry exploded over the past 20 years, in part due to limited government regulation. Wireless carriers invested $100 billion in infrastructure and development over the past three years, which has led to faster networks, more competitors in the marketplace and lower prices in the United States compared to any other country….Regulation kills innovation. Let’s not kill the Internet.”

McCain, it should be noted, received some $894,379 in contributions from AT&T (T), Verizon (VZ), Comcast (CMCSA) and other telecom industry interests over his career–all of them opposed to the Net neutrality regulations the FCC hopes to implement.

The Washington Post reports that some three million donors made a total of 6.5 million online donations to the campaign. The average online donation was $80, and the average donor gave more than once.

“You looked at the money being raised online in the same way that you looked at the crowds who came to the rallies,” Joe Rospars, the director of Obama’s new media department, told the Post. “You were constantly surprised at the number of people who were coming out to see him, [and when it came to online donations] people exceeded our expectations as to what they were willing to do.”

Astonishing. Seems a comprehensive online presence–one that spans microblogs, social networks and video sites–really does have its benefits, when it comes to political campaigns…important ones, anyway.

Election 2008
Whether or not those voting machines malfunctioned or miscounted votes, Barack Obama was set to become the 44th President of the United States, much to the chagrin of comedians like Tina Fey and Amy Poehler, who–since the beginning of the McCain/Palin partnership–were handed once-in-a-lifetime material. Between the brilliant “Saturday Night” Live parody sketches of (and by) both Palin and McCain, and Obama’s victory speech, the other big winner (by a mile) was Google’s (GOOG) YouTube. All 500 video versions of the speech generated nearly seven million views. It doesn’t beat the nearly-naked Britney Spears, with over nine million views, but one can dream.

Yahoo
This week, Yahoo (YHOO) was kind of like a high school senior with a prom night dilemma: Since Microsoft (MSFT) backed out of acquisition negotiations earlier this year, Steve Ballmer insists there’s no deal, but there’s a lot of back-and-forth that makes BoomTown wonder. Google backed out of the much-discussed search ad partnership with the company after the DOJ made it clear that it was not going to happen without a fight. The also-much-discussed merger with Time Warner’s (TWX) AOL has not fared much better. According to BoomTown, where you’ll find the straight dope on all of the rumors, all of this (for starters) has turned CEO Jerry Yang into the Internet’s human pinata.
You know what they say: “Play hard-to-get and you won’t get got.”

Econalypse
Rupert Murdoch admits business is worse than he previously thought. Disney (DIS) admits that ad spending has been declining for more than a year. Does that make it official? Either way, reality sinks in further among the non-start-up set–Time Inc. is laying off hundreds and reorganizing the rest. Viacom (VIA) may or may not have layoffs. Among the start-up set, as witnessed at the recent Web 2.0 conference this past week, companies are in survival mode, getting lean for the downturn. Well, not everybody. MySpace’s over-arching theme, judging from this BoomTown video of the giant’s Web 2.0 party, is “Masque of the Red Death.” Party on, Garth–and have a pleasant tomorrow.

The new economy is the Internet Economy. The Internet Economy is reshaping the fortunes of business, countries and people, leveling the playing field for everyone, and driving the most significant economic shift since the Industrial Revolution.”

– Cisco CEO John Chambers, Sept. 24, 1998

When he appeared at our D5 conference in May 2007, Sen. John McCain said that, given the chance, he’d hire Cisco CEO John Chambers for his cabinet. Now, in the run-up to the November presidential election, it looks like Chambers has some competition for that spot. In an interview with Reuters today, McCain said that Chambers–who’s contributed quite a bit to the McCain campaign–is still on his short list of potential Treasury secretaries, but the Cisco (CSCO) CEO has some company. “I think it would be someone that Americans would recognize that would inspire trust and confidence,” McCain said. “There’s people like John Chambers, there’s people like [former eBay (EBAY) CEO] Meg Whitman, there’s people like Warren Buffett.”

Apparently, current Secretary Henry Paulson doesn’t quite cut it anymore. Anyway … it’s curious that McCain would include Buffett among his choices for Treasury secretary since his appointment would almost certainly outrage tax-cutting fiscal conservatives to near-aneurysm. Indeed, it already has. Said Grover Norquist, president of Americans for Tax Reform, “Warren Buffett is a goddamned Democrat and he doesn’t understand that a 28 percent capital gains tax would be a bad thing. He might be a good bridge partner, but he’s awful on policy.”

Incidentally, Barack Obama’s list of potential Treasury secretaries includes no Silicon Valley CEOs, current or otherwise. According to people close to his campaign, it includes New York Federal Reserve Bank President Tim Geithner, former Treasury Secretary Larry Summers and former deputy Treasury secretary Roger Altman.

What a lousy week for the digital GOP.

First, John McCain’s domestic policy adviser conjures up a PR disaster by crediting the senator with the development of the Blackberry–odd, since McCain’s not exactly a digital native. Then former Hewlett-Packard CEO Carly Fiorina says U.S. vice presidential candidate Sarah Palin’s not qualified to run HP. And now, Palin’s Yahoo email account has been hacked and its contents published to Wikileaks. Serves her right for using Yahoo Mail.

What at astonishingly tech-savvy presidential ticket. Keystone Kops on the campaign trail.

The McCain-Palin campaign and Yahoo (YHOO) haven’t yet confirmed the authenticity of the hack or the published emails, but Amy McCorkell, a member of Alaska’s Advisory Board on Alcoholism and Drug Abuse, tells Wired that one of her messages to Palin is among those posted to Wikileaks.

An ugly turn of events for Palin, who’s been criticized recently for using her Yahoo Mail account to conduct official government business. Uglier still if the deletion of Palin’s Yahoo accounts is considered an obstruction of justice.

UPDATE: McCain-Palin 2008 Campaign Manager Rick Davis just issued the following statement on the matter: “This is a shocking invasion of the Governor’s privacy and a violation of law. The matter has been turned over to the appropriate authorities and we hope that anyone in possession of these emails will destroy them. We will have no further comment.”

That response would seem to resolve the authenticity issue. Now whom do we have to bomb to get those emails off the Web?

I don’t think John McCain could run a major corporation. I don’t think Barack Obama could run a major corporation. I don’t think Joe Biden could, either. But it is not the same as being the president or vice president of the United States. It is a fallacy to suggest that the country is like a company. To run a business, you have to have a lifetime of experience in business, but that’s not what Sarah Palin, John McCain, Barack Obama or Joe Biden are doing.”

– Former Hewlett-Packard CEO Carly Fiorina says Sarah Palin’s not the only politician unqualified to lead HP

He did this [holds up Blackberry]. Telecommunications of the United States is a premier innovation in the past 15 years–comes right through the Commerce Committee–so you’re looking at the miracle John McCain helped create and that’s what he did.”

– John McCain’s domestic policy adviser Douglas Holtz-Eakin gives the senator his Al Gore moment