Archive for August, 2008
New York: Windmills On City Bridges and Skyscrapers; Turbines On Rivers’ Shores; Solar Panels On Buildings
August 20th, 2008I guess the fascists didn’t get the memo from the energy collapse bloggers that the lights are supposed to go out. That’s ok because Operation Sentinel and Operation Torch will just be cleaner and greener! Now, where can we buy our organic hemp Big Green Apple T-shirts? Via: CBS: Mayor Bloomberg is proposing a “green” […]
Mortgage Application Volume Hits Multiyear Low
August 20th, 2008If people can’t or won’t take out new loans, the chainsaw juggling that we’ve been seeing is about to get kicked up a few notches. Via: AP: Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said Wednesday. The fall in application volume is the latest […]
Merrill Lynch, Wachovia at Risk of Failure
August 20th, 2008Via: CNBC: Merrill Lynch, Wachovia and other financial companies are at risk of failure as the cost of raising capital soars at a time when the banks need to pay settlements over auction rate securities, David Kotok, chairman & chief investment officer from Cumberland Advisors, told CNBC Monday. … “Those firms — Merrill, Wachovia and […]
Army Moves Ahead With Mobile Laser Cannon
August 20th, 2008Via: Wired: The Army is moving ahead with plans to mount a laser cannon on a massive, 35-ton-plus truck. The service just handed Boeing a $36 million contract to “continue developing a truck-mounted, high-energy laser weapon system that will destroy rockets, artillery shells and mortar rounds,” according to a company statement. Under the High Energy […]
Ignore That Logo Under the Tape!
August 20th, 2008Here’s a story about the almost delicious insanity of the Chinese regime. Via: Wall Street Journal: To ensure that only the companies that pay millions of dollars to be official Olympic sponsors enjoy the benefits of exposure in Olympic venues, organizers have covered the trademarks of nonsponsors with thousands of little swatches of tape. In […]
GERALD FORD: FBI INFORMANT DURING WARREN COMMISSION HEARINGS
August 20th, 2008No problem… Via: Washington Post: Exclusive: Gerald Ford, JFK and the FBI Two members of the Warren Commission were initially not convinced that President John F. Kennedy had been shot from the sixth floor window of the Texas Book Depository, according to confidential FBI files released this week to The Post’s Joe Stephens. The files […]
A Third of Vista PCs Downgraded to XP
August 19th, 2008HAR! Via: Register: Vista’s death march picked up some pace yesterday, after a metrics researcher revealed that nearly 35 per cent of PCs built to run the Windows operating system have been downgraded to XP. In a survey of more than 3,000 computers, performance testing software developer Devil Mountain Software estimated that more than one […]
Russian Soldiers Take Prisoners in Georgia Port
August 19th, 2008Via: AP: Russian soldiers took 20 Georgian troops prisoner at a key port in western Georgia on Tuesday and commandeered American Humvees awaiting shipment back to the United States after taking part in earlier U.S.-Georgian military exercises. The move came as a small column of Russian tanks and armored vehicles left the strategic Georgian city […]
WHOLESALE PRICES SURGE BY MORE THAN DOUBLE ESTIMATES
August 19th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. And, yep, not only is the dollar higher, the U.S. Dollar Index is at a one year high. The dollar is at a six month high vs. the euro. How can that be? FOREX participants might see Bernanke being forced to […]
Large U.S. Bank Collapse Seen Ahead
August 19th, 2008Via: Reuters: The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world’s biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday. “The U.S. is not out of the woods. I think the financial crisis […]
