Archive for November, 2007

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Hushmail: Encrypted Email Provider Turns Over Clear Text Messages to Feds

November 8th, 2007

“I don’t believe in web based email solutions that purport to provide strong encryption and/or anonymity. Who knows what their applets and servers are doing? Not me.” —The Ugly Truth About Online Anonymity * sigh * Via: Wired: Hushmail, a longtime provider of encrypted web-based email, markets itself by saying that “not even a Hushmail […]

Mark Klein on AT&T/NSA Domestic Surveillance Program: “The NSA is Getting Everything.”

November 8th, 2007

Must see related stories: NSA, AT&T and the NarusInsight Intercept Suite Synthetic Environments for Analysis and Simulation AT&T Invents Programming Language for Mass Surveillance Via: Washington Post: A Story of Surveillance Former Technician ‘Turning In’ AT&T Over NSA Program By Ellen Nakashima Washington Post Staff Writer Wednesday, November 7, 2007; D01 His first inkling that […]

Cryptogon Readers Send Contributions

November 8th, 2007

There has been so much breaking news lately that I have been slow to acknowledge the outpouring of support in early November: IL $140 MW $20 DT $25 MW2 $20 Thank you all very much.

October Earnings

November 8th, 2007

In October, total earnings from Cryptogon and Farmlet came to an incredible $1482.54, or roughly three times the minimum monthly goal. As usual, direct contributions represented the largest component of earnings, but readers are making heavy use of Cryptogon’s partner companies. The commissions that resulted from affiliate relationships exceeded the minimum monthly goal for the […]

Merrill Lynch Economist on Dollar Collapse: Not “Armageddon,” but Part of a “Global Rebalancing Process”

November 7th, 2007

Well, I’m glad we’ve got that cleared up. I’m also glad that I “rebalanced” my assets out of the U.S. a long time ago. Via: Bloomberg: The falling dollar is part of a “global rebalancing process” and isn’t cause for alarm, according to David Rosenberg, chief North American economist at Merrill Lynch & Co. The […]

U.S. GMO Rice Caused $1.2 Billion in Damages

November 7th, 2007

Madness x Greed = U.S. Agribusiness Via: Reuters: Trace amounts of genetically modified varieties of rice that were found commingled in the U.S. rice supply in 2006 caused more than $1.2 billion in damages and additional costs, the environmental group Greenpeace International said on Monday. U.S. rice exports fell sharply after Bayer CropScience, a division […]

Dollar: Top China Official Suggests Currency Shift

November 7th, 2007

Via: MarketWatch: The U.S. dollar stumbled to new lows on Wednesday after a top Chinese official called for the country to shift more of its huge foreign exchange stockpiles out of the beleaguered greenback. Cheng Siwei, vice chairman of the Standing Committee of the National People’s Congress, was quoted by wire services as saying China […]

GM Quarterly Loss One of the Biggest in Corporate History

November 7th, 2007

Via: Yahoo / AP: General Motors Corp. posted a company record $39 billion loss in the third quarter, as a charge involving unused tax credits brought an abrupt end to string of three profitable quarters for the nation’s largest automaker. The loss reported Wednesday was one of the biggest quarterly corporate deficits ever and it […]

Soybean Futures Soar on Inflationary Buys

November 7th, 2007

Via: FXStreet: Chicago Board of Trade soybean futures ended sharply higher Tuesday, rallying to 3-year highs on speculative led buying tied to inflationary fears. November soybeans settled 23 3/4 cents higher at $10.29 1/2 and January soybeans ended 23 1/2 cents higher at $10.44 1/2. December soymeal settled $7.70 higher at $284.60 per short ton. […]

EMERGENCY: DOLLAR EXTENDING VERY STRONG DECLINE, OIL $98

November 7th, 2007

Via: Bloomberg: Crude oil rose above $98 a barrel for the first time in New York as the dollar tumbled to a record low against the euro and a storm disrupted output in the North Sea. BP Plc and ConocoPhillips evacuated oilrig workers, adding to concern that supplies may be insufficient. The U.S. Energy Department […]

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