Obama seeks econ advice from Web2.0rhea king

Facing the worst worldwide economic crisis since The Great Depression, US President Barack Obama has sought help from Twitter, the micro-bogging outfit that boasts 6 million navel-gazing users but no obvious source of revenue.

Today, the White House will discuss the ongoing economic meltdown with twenty "young business leaders," including Twitter co-founder Evan Williams and conspicuous Twitter money man Chris Sacca, onetime head of special initiatives at Google.

To his credit, Williams does see the irony - or at least he pretends to. "Going to the White House tomorrow for a meeting about the economy (which must mean they're *really* out of ideas). What should I tell them?" reads the "Tweet" he spewed at world+dog yesterday afternoon.

That's right, he asked everyone and their Twittering brother if they could solve the Meltdown in 140 characters or less. And so did Chris Sacca. "I am going to the White House tomorrow morning, and I need your help," read his Tweet, before linking to a (full-sized) bog post where he says the Prez should put more faith in the advice of people younger than Eric Schmidt.

Responses to Williams and Sacca include:

• Tell the white house it is a new world! Let things fail, like a forest fire, everything will come back stonger!
• Tell them that they probably shouldn't be running the country. BTW, you made Drudge headlines.
• tell President Obama every Saturday he should take the family on a field trip and visit the country
• Oh, I wanted to ask you: do you want to go candlepin bowling with me and Harrison Ford? Or are you busy today?
• please tell President Obama I will become The White House gynecologist if I'm called to serve
• tell Obama how many good jobs ONE billion put into silicon valley would create! (VC matching fund) - it's a major blind spot for them.
• tell them about permaculture
• Can you do it in 140 charactors or less?

Without a doubt, certain people love Web 2.0rhea. Famously, Barack Obama has his very own Twitter feed - or at least his handlers do. The question is whether Twiiter can actually make money from this new-found digerati obsession. The company insists it has found a way to squeeze revenue from the world's incessant Tweet spewing, but it refuses to tell anyone what that is.

Bell Canada says it now has an SMS "revenue-sharing" deal with Twitter. But an SMS deal will not save the Western economy. ®