Archive for May, 2008
Whither the Price of Oil?
May 26th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. This is the best read on oil that I’ve found in a while. It also, weirdly and frighteningly, correlates to my interpretation of the chicken entrails in Oil Correction Likely. Via: TradingGurus: Jakab Spencer noted in his always interesting Dow Jones […]
Debian OpenSSL Security Flaw
May 26th, 2008Hint to 99.98% of you reading this: Skip to the next story. Reader GP submitted Alarming Open-Source Security Holes, by Simson Garfinkel, which is a human readable version of this Debian Security Advisory: Luciano Bello discovered that the random number generator in Debian’s openssl package is predictable. This is caused by an incorrect Debian-specific change […]
Teenage Student Isolates Microbe that Breaks Down Plastic
May 26th, 2008This is incredible. Full text follows. Via: TheRecord: Getting ordinary plastic bags to rot away like banana peels would be an environmental dream come true. After all, we produce 500 billion a year worldwide and they take up to 1,000 years to decompose. They take up space in landfills, litter our streets and parks, pollute […]
Cryptogon Reader Sends $20
May 26th, 2008MW sent $20. Thank you.
New Zealand: Business Booming for Debt Collectors
May 25th, 2008Via: New Zealand Herald: The credit crunch has hit home for thousands of New Zealanders as debt collection agencies report up to a 500 per cent increase in workload over the past few months. Debt collectors who have been in the industry for more than 15 years say they have never been busier, with small-time […]
Energy Fears Looming, New Survivalists Prepare
May 25th, 2008Via: AP: A few years ago, Kathleen Breault was just another suburban grandma, driving countless hours every week, stopping for lunch at McDonald’s, buying clothes at the mall, watching TV in the evenings. That was before Breault heard an author talk about the bleak future of the world’s oil supply. Now, she’s preparing for the […]
California Home Prices Drop 32% Amid Foreclosures
May 25th, 2008Via: Bloomberg: California home prices tumbled 32 percent in April from a year earlier as “distressed” properties and a lack of financing cut demand, the state realtors group said. The median existing home price fell to $403,870, the California Association of Realtors said in a statement today. Sales increased 2.5 percent, ending 30 months of […]
U.S. Rice Farmers Want Class Action Against Bayer
May 25th, 2008Via: Reuters: Germany’s Bayer AG is battling to keep thousands of U.S. rice farmers from becoming part of a massive class-action lawsuit over the contamination of commercial rice supplies by a Bayer biotech rice not approved for human consumption. In hearings this week in federal court in St. Louis, Missouri, lawyers representing rice farmers said […]
Student Researching al-Qaida Tactics Held for Six Days
May 24th, 2008Via: Guardian: A masters student researching terrorist tactics who was arrested and detained for six days after his university informed police about al-Qaida-related material he downloaded has spoken of the “psychological torture” he endured in custody. Despite his Nottingham University supervisors insisting the materials were directly relevant to his research, Rizwaan Sabir, 22, was held […]
Oil Correction Likely
May 24th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. The U.S. Dollar Index is getting down into a support zone, along with a low band daily stochastic. A crank rally on the dollar would likely blow the columns out from underneath the oil; short term, anyway. Why? Look at the […]
