Archive for June, 2008
U.S. Stocks Tumble, Sending Dow to Worst June Since Depression
June 27th, 2008Equities are drifting lower again this morning. The dollar is still falling / oil still rising / gold gapping higher. Via: Bloomberg: U.S. stocks tumbled, sending the Dow Jones Industrial Average to its worst June since the Great Depression, as record oil prices, credit-market writedowns and a slowing economy threatened to extend a yearlong profit […]
U.S. Government Seizing Laptops and Cameras Without Cause
June 27th, 2008I’ve posted about this several times, but the practice is so abhorrent that it’s worth monitoring. Via: U.S. News and World Report: Returning from a brief vacation to Germany in February, Bill Hogan was selected for additional screening by customs officials at Dulles International Airport outside Washington, D.C. Agents searched Hogan’s luggage and then popped […]
ATF Raids Blackwater Armory, Seizes Automatic Weapons
June 27th, 2008Via: AP: Federal agents have raided an armory owned by security contractor Blackwater Worldwide. The North Carolina-based company said the raid was part of an investigation into a deal that allowed a local sheriff’s office to store high-powered assault rifles at the company’s armory at its headquarters in Moyock. Blackwater spokeswoman Anne Tyrrell says that […]
cryptogon.reddit.com
June 27th, 2008For over a year, I’ve wanted a Reddit-type system for Cryptogon. A lot of people submit links to me and I thought it might be easier for everyone involved if a social bookmarking system was in place. There are a few software packages that I could install on my own server, but before I pound […]
What to Do with All the Sandbags? Never Mind the Millions of Acres of Farmland Flooded in Toxic Soup
June 27th, 2008The water that flooded millions of acres of farmland is so dangerously polluted that the sand and the sandbags—used for flood control—need to be disposed of in landfills. Of course, the Associates Press doesn’t mention those millions of acres of flooded farmland in the piece below. Maybe the topsoil that didn’t wash away can just […]
Long Time Cryptogon Reader Sends Contribution
June 27th, 2008I received a kind email and $25 from MR today. He’s been reading Cryptogon for years and decided to contribute. Thanks, MR and all the best to you and your family with your land purchase. Cryptogon wouldn’t exist without the financial support from the readers who find it useful. While thousands of people are reading […]
U.S. House Votes to Curb Energy Market Speculators
June 27th, 2008Maybe the doomed dollars will try to hide in gold instead. * wink * The legislation still needs to move through the Senate. This is just rearranging deck chairs, of course, and if Congress was interested in doing anything substantive, they would be funding research into alternative energy development. (See: America’s Military Spending and Clean […]
America’s Aviation System Could Be at Risk of Collapsing by the Beginning of Next Year
June 27th, 2008Via: Christian Science Monitor: America’s aviation system could be at risk of collapsing by the beginning of next year. That warning from aviation experts has prompted some industry leaders to call for re-regulation, something considered almost heresy until now. Others are urging Washington to do more to rein in the oil speculators pushing up fuel […]
OIL UP AND OUT OF PREVIOUS RANGE; NEW RECORD HIGH
June 27th, 2008Dollar tanking again. Via: Reuters / Guardian: Oil cracked the $140 record high that market bulls had been eyeing for weeks, and grains and metals rallied as well, as supply issues and inflation from a weak dollar dominated commodity markets on Thursday. The Reuters-Jefferies CRB Index, one of the broadest indicators of commodities demand, rose […]
Five Myths About the New Wiretapping Law; Why It’s a Lot Worse Than You Think
June 26th, 2008I almost wonder what the Obama cult members must be thinking right now… Via: Slate: Here, then, is the bitter joke of the new legislation: From 2001 to 2007, the NSA engaged in a secret program that was a straightforward violation of America’s wiretapping laws. Since the program was revealed, the administration has succeeded in […]
