Archive for July, 2008
FEMA Trailer Manufacturers Knew About Formaldehyde, Findings Went Undisclosed
July 11th, 2008It’s not a conspiracy: “The problem was and remains confusion among federal agencies, not some conspiracy among trailermakers,” said ranking committee Republican Rep. Tom Davis (Va.). It’s just a Coincidence that thousands of children from low income families will be dead from cancer before they have a chance to have children of their own. Via: […]
Fannie, Freddie ‘Insolvent’
July 10th, 2008Via: Bloomberg: Mortgage lenders Fannie Mae and Freddie Mac are “insolvent” and may need a U.S. government bailout, former St. Louis Federal Reserve President William Poole was quoted as saying in an interview with Bloomberg. “Congress ought to recognize that these firms are insolvent, that it is allowing these firms to continue to exist as […]
Senate Approves Telecom Amnesty, Expands Domestic Spying Powers
July 10th, 2008The Obama cultists find the Kool-Aid to have a bitter aftertaste. McCain still doesn’t know which planet he’s on. The U.S. Ship of Fools sails on. Via: Wired: The U.S. Senate overwhelmingly voted Wednesday to grant retroactive amnesty to the telecoms that aided the President Bush’s five-year secret, warrantless wiretapping of Americans, and to expand […]
U.S. Cluster Bomb Related Atrocities to Continue
July 10th, 2008Via: Reuters: The United States is taking steps to reduce the danger of unexploded U.S. cluster bombs while continuing to resist international pressure for an all-out ban on the weapons, the Pentagon said on Wednesday. Cluster bombs spread tiny bomblets across large areas when dropped from planes or fired from artillery. But they sometimes do […]
U.S. Army Contract for “Internet Awareness Services”
July 10th, 2008Via: Federal Business Opportunities: STATEMENT OF WORK The contractor shall conduct internet awareness services in support of the Governments activities to include Indications and Warning, Force Protection, and situational awareness. The purpose of the services will be to identify and assess stated and implied threat, antipathy, unrest, and other contextual data relating to selected internet […]
Ambac Soars 50% on Collateral Posting
July 10th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. See what I mean about buying calls when everyone is sure the end of the world is upon us! Except… I bought GM calls and not Ambac calls. HA. Woops. Oh well, GM could unveil a free-energy hovership, with Cheney himself […]
Pacific Northwest Hydro and Wind Systems Create Excess Electricity Supply
July 10th, 2008Nope, it’s not a typo. Gigantic hydrogen, compressed air or flywheel “batteries” could be built for times like this… If the U.S. Government’s war funding could be re-purposed for a couple of days. * chortle * Yeah right. Dams running low? Wind not blowing? Flip the switch on the “battery” when you need it. Via: […]
Gone Fishing
July 8th, 2008Becky’s mom and dad invited Becky, Owen and me to spend the next couple of days at a remote beach bach, somewhere near the northernmost tip of New Zealand. There’s no telephone where we’re going, and no Internet access. I don’t know when I last took a couple of days off, mid-week, but that’s when […]
Fannie, Freddie Shares Plummet on Capital Worries
July 8th, 2008If you felt the earth shaking under your feet today, this might have been the cause. Via: Reuters: Fannie Mae and Freddie Mac shares plunged to their lowest in nearly 16 years on Monday while costs to insure their debt against default rose on concern the two largest U.S. mortgage funders may need to raise […]
A Palace of Gold Is Sold Off, but the Toilet Stays
July 8th, 2008This one has a palpable insanity factor. Via: Wall Street Journal: At $800 an ounce, the golden bathroom sink had to go. At $1,000, say goodbye to the golden horse-drawn chariot. But don’t even think about touching the golden toilet. Global economic uncertainty over the past few years has pushed gold prices into the stratosphere, […]
