Archive for July, 2008
Fed Extends Emergency Loan Program for Wall Street
July 30th, 2008Via: AP: The Federal Reserve said Wednesday it is extending its emergency borrowing program to Wall Street firms and is taking other steps to ease a severe credit crunch that has hobbled the national economy. The Fed said the program, where investment houses can tap the central bank for a quick source of cash, will […]
Gold Sharply Lower, Under $900
July 30th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Many eggs. Many baskets. Via: MarketWatch: Gold futures fell sharply Wednesday to trade below $900 an ounce, as the dollar gained against other currencies after U.S. private-sector employment data showed a small increase in July. Gold for August delivery dropped $21 […]
EEStor Announces Independent Certification of Chemical Purification Process
July 30th, 2008Closer. Via: MarketWatch: Edward D. Golla, PhD, Laboratory Director for Texas Research International (acting as an independent agent) has certified that EEStor, Inc. test equipment, procedures, and techniques are capable of providing the EEStor, Inc. required testing accuracy for EEStor’s chemicals and powder production processing analyses. Since the beginning of 2007, EEStor, Inc. has been […]
UK: 3,000 Blank Passports and Visas Stolen from “Security” Van
July 30th, 2008Via: Reuters: The Foreign Office has launched an urgent inquiry into the theft of 3,000 blank passports and visas from a security van in Manchester. The documents, which were being taken to RAF Northolt for delivery to embassies abroad, were snatched after the van driver stopped and went into a shop at 6:40 a.m. on […]
FDIC Chairwoman: Bloggers “Out of Control,” Government Planning “Public Education Campaign”
July 30th, 2008Good luck with that. Via: San Francisco Business Times: The federal agency insuring bank deposits learned that it can’t afford to ignore the blogs following its seizure this month of IndyMac Bank, the largest bank failure since the 1980s. “The blogs were a bit out of control,” Sheila Bair, chairman of the Federal Deposit Insurance […]
America’s House Price Time Bomb
July 30th, 2008Via: BBC: With the American housing market in its worst crisis since the Great Depression of the 1930s, President Bush is expected to sign into law a massive new government intervention designed to slow the slide. The intervention would come as a little known quirk of US law threatens to drive down house prices even […]
UK: Innocent People Want Their DNA Removed from Government Database
July 30th, 2008Via: Reuters: Britain’s DNA database, the most comprehensive in the world, should remove details of people who are acquitted of crimes, a government-funded panel said on Wednesday. A “citizen’s inquiry” instigated by the Human Genetics Commission (HGC) also called for the National DNA Database to be taken out of direct control of the police and […]
U.S. Air Force General, Thomas L. Tinsley, Dead from Gunshot Wound to Chest
July 30th, 2008Interesting Coincidence: Tinsley’s previous boss, Michael “Buzz” Mosely, resigned in the wake of the Minot Nukes incident. Via: AP: The officer who commands an air force wing in Alaska has died of a gunshot wound that likely was self-inflicted, authorities said Monday. Brig. Gen. Thomas L. Tinsley suffered a gunshot wound to his chest late […]
S&P: Home Prices Drop by Record 15.8% in May
July 29th, 2008Via: AP: A closely watched housing index shows home prices fell by the steepest rate ever in May, as the housing slump continued to deepen nationwide. The Standard & Poor’s/Case-Shiller 20-city index, released Tuesday, is off 15.8 percent for May compared with a year ago, a record decline since its inception in 2000. The narrower […]
UK: Cadet Forces in Schools Would Restore Discipline Says Union
July 29th, 2008Ordo ab chao. The dribble bib nanny state advocates wreck the place, and then the overt fascists come in to “restore order.” Or, vice versa. Same monster, two heads. Maybe get the Climate Cops involved! Clean, green fascism is the synthesis we’re seeing. The main problem is that the British people know they’re just being […]
