Archive for April, 2009
Navies to Guard Undersea Cable from Somali Pirates
April 16th, 2009HAHA. Maybe they can fit an aircraft carrier down the manholes around the Bay Area to protect that fiber. Via: Reuters: Foreign navies have agreed to protect a vessel installing an undersea high-speed Internet cable from pirates off the coast of Somalia, a Kenyan minister said on Thursday. Sea gangs from lawless Somalia have been […]
ORGANIZATION ISSUING BONDS BASED ON GUARANTEED PAYMENTS FOR THE VACCINATION OF POOR POPULATIONS
April 16th, 2009There is no limit to the brazenness of the elite! There are now AAA rated bonds based on poor people receiving vaccinations! That’s right. Interest payments on these “Vaccine Bonds” are guaranteed by France, Italy, Norway, South Africa, Spain, Sweden and Britain. Who buys these bonds? The International Finance Facility for Immunisation says the following […]
Laptops in Dutch Crash Said to Contain U.S. Secrets
April 16th, 2009Via: CNN: Four laptops said to contain U.S. military secrets were recovered from a Turkish Boeing Co. plane that crashed near Amsterdam in February and handed to U.S. authorities, a Dutch official said Friday. According to a newspaper report the laptops contained U.S. military secrets linked to plans for a sophisticated airborne radar system to […]
California Asks Feds to Back its IOUs
April 16th, 2009Add it to the list. Via: Sacramento Bee: Facing what could be the largest cash flow problem in state history, California officials are asking the federal government to back billions of dollars in short-term loans the state must seek in July. “We’re going to need cash-flow borrowing the likes of which California has never seen, […]
GENERAL MOTORS CLOSING 1,700 DEALERSHIPS
April 16th, 2009Via: Reuters: General Motors Corp has told U.S. dealers it is accelerating its timetable for closing about 1,700 dealerships as it rushes to meet a June 1 deadline to restructure under U.S. government oversight, people with knowledge of the discussions said. In a series of meetings with key dealers including representatives of the National Automobile […]
Decade of Losses Forces Investors in Their 30s to Start All Over
April 16th, 2009Via: Bloomberg: Jason Woodward has barely broken even after dutifully pumping money into his 401(k) retirement account for about 10 years. “I may be a little bit ahead, but not much,” said Woodward, 39, an employee of United Construction & Engineering Inc. in Torrington, Connecticut. He’s better off than many 401(k) investors in their 30s […]
Second-Largest Mall Operator Filed for Chapter 11 Bankruptcy
April 16th, 2009Bargains. Via: AP: General Growth Properties Inc., the nation’s second-largest mall operator, filed for Chapter 11 bankruptcy protection early Thursday after it failed to persuade a majority of its debt holders to give it more time to refinance billions of dollars in debt racked up during the housing boom. The news sent the real estate […]
NSA’s Intercepts Exceed Limits Set by Congress
April 16th, 2009Captain Obvious, is that you? Via: New York Times: The National Security Agency intercepted private e-mail messages and phone calls of Americans in recent months on a scale that went beyond the broad legal limits established by Congress last year, according to government officials. Several intelligence officials, as well as lawyers briefed about the matter, […]
Germany Bans Cultivation of GM Corn
April 15th, 2009Via: Der Spiegel: Germany has banned the cultivation of GM corn, claiming that MON 810 is dangerous for the environment. But that argument might not stand up in court and Berlin could face fines totalling millions of euros if American multinational Monsanto decides to challenge the prohibition on its seed. The sowing season may be […]
And the Black World Said: Let There Be Light and PG&E Agreed to Buy Orbit-Generated Electricity from Solaren in 2016
April 14th, 2009Ah yes, large satellites will beam vast amounts of clean energy from the sun to earth, 24/7, base load style. Let’s try to look past the headlines… First of all, this idea isn’t quite as old as the hills, but it’s at least several decades old, depending on what you consider to be the origin […]
