Archive for May, 2011
CONGRESS MULLS CUTS TO FOOD STAMPS PROGRAM AMID RECORD NUMBER OF RECIPIENTS
May 31st, 2011Millions of broke, hungry, armed people? What could possibly go wrong? Besides, there are robotic, long range nuclear bombers to be built. Via: ABC News: Congress is under pressure to cut the rapidly rising costs of the federal government’s food stamps program at a time when a record number of Americans are relying on it. […]
Mobius Says Fresh Financial Crisis Around Corner
May 31st, 2011Via: Bloomberg: Mark Mobius, executive chairman of Templeton Asset Management’s emerging markets group, said another financial crisis is inevitable because the causes of the previous one haven’t been resolved. “There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,” Mobius […]
Libya Lost $1.3 Billion on Options Trades Done with Goldman Sachs
May 31st, 2011But first, remember this one? The Long and Short of It at Goldman Sachs: The point to bear in mind, as Mr. Sloan brilliantly makes clear, is that as Goldman was peddling C.M.O.’s, it was also shorting the junk on a titanic scale through index sales — showing, at least to me, how horrible a […]
Ex-Egypt Bank Head Arrested on Sex Charges
May 31st, 2011Via: Bloomberg: The former chairman of Egypt’s Bank of Alexandria was charged with sexually abusing a maid at the Pierre Hotel in New York, police said. Mahmoud Abdel Salam Omar, 74, chairman of El-Mex Salines Co., was arrested yesterday after a 44 year-old female maid alleged he attacked her May 29, according to a police […]
U.S. to View Major Cyber Attacks as Acts of War
May 31st, 2011The Bin Laden spectacle was completely absurd from top to bottom—and now… Via: AFP: The Pentagon has adopted a new strategy that will classify major cyber attacks as acts of war, paving the way for possible military retaliation, the Wall Street Journal reported on Tuesday. The newspaper said the Pentagon plans to unveil its first-ever […]
Aussies to Be Fined for Swearing [???]
May 31st, 2011Nat, they’re coming for you. Via: Sydney Morning Herald: Australians may have a love of plain speaking but new laws are set to curtail some of their more colourful language with police issuing on-the-spot fines for obnoxious swearing. The country’s second most populous state Victoria is due to approve new legislation this week under which […]
Eurozone Crisis Risks ‘Systemic’ Fallout
May 31st, 2011Via: AFP: The debt crisis in Greece, Ireland and Portugal could have “significant systemic effects” in the eurozone, Italy’s central bank chief Mario Draghi, who is set to head up the European Central Bank, said on Tuesday. “In the eurozone, the sovereign debt crisis in three countries, which together represent six percent of the area’s […]
High Radioactivity Found in Japanese Nuclear Workers
May 30th, 2011Via: AFP: Two workers from Japan’s stricken Fukushima nuclear plant have been contaminated by high levels of radioactive iodine, the operator said Monday, prompting fears over their long-term health. The workers, reportedly men in their 30s and 40s, may have already been exposed to radiation levels higher than the recently boosted official annual limit, Japanese […]
Test: Javascript Bitcoin Miner
May 30th, 2011Update: Good Video Cards for GPU Mining XFX Radeon HD 6990 XFX Radeon HD 6970 Sapphire Radeon HD 5870 Sapphire Radeon HD 5830 —End Update— Update: HAHA Never Mind This misses doing anything worth doing by about four orders of magnitude. lol. Thanks to everyone who tried this out, but it’s the Bitcoin equivalent trying […]
Writer Urges Internet Junkies to ‘Switch Off’ and Think
May 30th, 2011The Shallows: What the Internet Is Doing to Our Brains by Nicholas Carr Via: AFP: Like tens of millions of others, US technology writer Nicholas Carr found the lure of the worldwide web hard to resist — until he noticed it was getting harder and harder to concentrate. He set out his concerns in a […]
