Archive for March, 2008
Attorney General: Piracy Funding Terror
March 30th, 2008Please see: Militant Electronic Piracy: Non-Violent Insurgency Tactics Against the American Corporate State for more context. Via: AP: Attorney General Michael Mukasey warned Friday that the huge profits generated from piracy and counterfeiting are increasingly flowing into the coffers of terrorist groups. In remarks to Silicon Valley executives at the Tech Museum of Innovation, Mukasey […]
EMERGENCY: AUCTION FOR UBS CASH EQUIVALENT SECURITIES FAILS; RATE FALLS TO CONTINGENCY LEVEL DEFINED BY CONTRACT; ILLIQUID SITUATION; INVESTORS CAN’T CLOSE POSITIONS
March 30th, 2008The crooks wait for the weekend to let the really hairy cats out of the bag. The victims, in this case, are the top tier, wealthiest clients. Via: Bloomberg: UBS AG has cut the value of the auction-rate securities its customers have in their accounts by about 5 percent following more than a month of […]
Federal Reserve Seeks Broad Authority to Oversee “Financial Market Stability”
March 29th, 2008“Some changes could actually reduce the power of the Securities and Exchange Commission, which is charged with maintaining orderly stock and bond markets and protecting investors.” Check out some of the background stories that have been leading up to this: Goldman Sachs Creates Private Stock Exchange for Unregistered Securities, Clients with $100 Million Minimum NASDAQ […]
$100 Million Cocaine Haul Arrives at Port Everglades
March 29th, 2008Sniper rifle: $3000 Coast Guard Helicopter: $6,521 per hour $100 Million Worth of Cocaine, Loaded onto U-Haul Truck by “FBI” and “DEA” Agents: Priceless That’s it. I’m creating a Florida category… Via: Sun Sentinel: It wasn’t your average speedboat. It was the high-powered kind with four engines used by dope smugglers, and that caught the […]
Welcome to the Crumbling Future of the Vegas Strip
March 29th, 2008Must see. Via: io9.com: Las Vegas’ Project CityCenter, the largest private development in the Unites States, was to be 8 acres of shops, casinos, hotels, condos, and theaters. But now it looks like big portions of the project may remain in a state of half-built rubble piles for years to come, due to the current […]
Navajo Nation to Develop 500 MW of Wind Power
March 29th, 2008Via: Reuters: The Navajo Nation, which has struggled for years to build a coal-fired power plant, said on Thursday it has formed a joint venture with a Boston company to develop 500 megawatts of wind energy on its lands in the U.S. West. Navajo Nation President Joseph Shirley signed an agreement with Joseph Kennedy III, […]
The 22-Year-Old with the $300 Million Arms Contract
March 28th, 2008Sheesh! I need to create a Florida category. The strangest aspect of this situation is that Diveroli had the contacts on the black market side. There’s an old spook involved somewhere here. By the looks of it, more than one. Remember that the CIA has had procurement networks for Soviet Bloc weapons in place for […]
Ireland: ESB Announces Strategic Clean Energy Effort
March 28th, 2008Mmm hmm. Via: Electricity Supply Board: ESB has today announced that the company is to embark on an unprecedented capital investment programme of €22 billion. The Board of ESB has approved a Strategic Framework to 2020 that will see major company investment in renewable energy, the halving of its carbon emissions within 12 years, and […]
Turning Big Box Stores into Solar Power Plants in California
March 28th, 2008Imagine my shock. Via: Treehugger: It was only last Autumn that we reported that the biggest solar farm in the US would be a 80-megawatt installation by Cleantech America. Now, Southern California Edison (SCE) wants to build something quite a bit larger, a 250-megawatt farm with a twist: It will be distributed among many commercial […]
And Now… Equity Loans as Next Round in Credit Crisis
March 28th, 2008Via: New York Times: Little by little, millions of Americans surrendered equity in their homes in recent years. Lulled by good times, they borrowed — sometimes heavily — against the roofs over their heads. Now the bill is coming due. As the housing market spirals downward, home equity loans, which turn home sweet home into […]
