Archive for May, 2009
The Bond Vigilantes
May 29th, 2009Via: Bloomberg: Bonds usually rally when the economy is in recession and inflation is subdued. Gross domestic product dropped at a 5.7 percent annual pace in the first quarter, after contracting at a 6.3 percent rate in the last three months of 2008, according to the Commerce Department. This time it’s different because the Congressional […]
Obama Pledges $467 Million for U.S. Geothermal and Solar Research
May 29th, 2009Flashback: Geothermal Power Could Meet World’s Annual Energy Needs 250,000 Times Over Via: Recharge News: US President Barack Obama pledged $467m from his massive stimulus package for the development of geothermal and solar energy on Wednesday, stating the US has to make the choice to become a renewable power. “We have a choice. We can […]
Eve Ensler Calls for Rape-Free Cellphones
May 29th, 2009Nokia, Apple, Motorola and Samsung do not source coltan from Congo. Via: All Things Digital: On May 13, 2009, the Senate Foreign Relations Committee held a hearing called “Confronting Rape and Other Forms of Violence Against Women in Conflict Zones.” Its purpose: to end the use of rape as a weapon of war in the […]
Sri Lankan Government May Have Killed Twenty Thousand Civilians
May 29th, 2009Via: Times Online: Sri Lanka’s Government has consistently denied killing civilians in the battle to wipe out the Tamil Tigers and blamed the rebels for any deaths. It hailed the vote by the council as a vindication of its action. An investigation by The Times into Sri Lanka’s civilian casualties, however — which was conducted […]
Royal Dutch Shell in Court to Answer for Atrocities in Nigeria
May 29th, 2009Via: Scotsman: FOURTEEN years after Nigerian campaigner Ken Saro-Wiwa was executed by Nigeria’s former military regime, the oil giant Royal Dutch Shell will appear before a court in New York to answer charges of crimes against humanity in connection with his death. The trial, scheduled to begin next week, will examine allegations that Shell sought […]
U.S. Federal Obligations: $546,668 Per Household
May 29th, 2009Via: USA Today: Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows. The 12% rise in red ink in 2008 stems from an explosion of federal borrowing […]
Scientists Say GE Crops Encourage Stronger Weeds
May 29th, 2009Via: New Zealand Herald: Genetically engineered crops do little to improve yields and instead promote the proliferation of herbicide-resistant weeds that actually curb production, according to a study by the Union of Concerned Scientists. Corn and soybeans modified to resist insects and the herbicide glyphosate haven’t been proven to boost yields, the Cambridge, Massachusetts-based group […]
New Laser Weapons “Temporarily” Blind, Impair Balance, Cause Motion Sickness That Lasts for Several Hours
May 29th, 2009“It can control people even with their eyes closed.” Via: Photonics: Laser developer Laser Energetics Inc. announced today that it introduced its nausea-inducing Dazer Laser nonlethal laser weapon Monday during the Little Neck-Douglaston N.Y. Memorial Day Parade, the largest and longest running Memorial Day Parade in the US. The Dazer Laser comes in two handheld […]
DOLLAR NEXT LEG DOWN: GOLD AND OIL SHARPLY HIGHER
May 29th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Disclosure: I own USO and gold. WEE! USDX 79.80 taken out hard. Gold 975.60 +15.60. Nymex Crude $66.05 +.97. Shorter term USO longs, consider moving your stops up. Oscillators are pegged overbought. While that doesn’t necessarily mean anything, keep in mind […]
Cryptogon Reader Signs Up for Hosting with BlueHost
May 29th, 2009Thanks to tochigi for signing up for hosting with BlueHost. Cryptogon received $90.