Archive for September, 2009

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Federal Reserve Admits Hiding Gold Swap Arrangements, GATA Says

September 24th, 2009

Via: GATA Press Release: The Federal Reserve System has disclosed to the Gold Anti-Trust Action Committee Inc. that it has gold swap arrangements with foreign banks that it does not want the public to know about. The disclosure, GATA says, contradicts denials provided by the Fed to GATA in 2001 and suggests that the Fed […]

U.S. Federal Reserve May Borrow from Money Market Funds to Help Avoid “A Burst of Inflation”

September 24th, 2009

Via: Reuters: The U.S. Federal Reserve is studying the idea of borrowing from money market mutual funds as part of eventual steps to withdraw stimulus, the Financial Times reported on Thursday. The Fed would borrow from the funds via reverse repurchase agreements involving some of the huge portfolio of mortgage-backed securities and U.S. Treasuries that […]

U.S. Army Wants to Send 250 Foot Long Surveillance Airship to Afghanistan

September 24th, 2009

Via: Aviation Week: The plan to deploy an autonomous, free-flying, surveillance airship to Afghanistan is gaining, er, buoyancy. A consortium led by the US Army’s Space & Missile Defense Command is scheduled to be established by October 1 and a contract awarded for the Long Endurance Multi-intelligence Vehicle (LEMV) demonstration by the end of December.

“Artificially Intelligent CCTV Could Prevent Crimes Before They Happen”

September 24th, 2009

I’d put the chances of this working as described within five years at about 0%. It sounds like a good grant swindle, however, for the people involved with the “research.” How much fun will kids have with gaming this thing? Via: Telegraph: A new generation of Minority Report-style security cameras that can detect criminals before […]

Newly Declassified Files Detail Massive FBI Data-Mining Project

September 24th, 2009

This FBI database is nothing compared to whatever it is that the NSA is building: NSA budgeting documents also indicate that the design of the 1-million-square-foot center should be completed by February, with building to begin in June on a project that could mean thousands of construction jobs for a state that, like many others, […]

India’s Lunar Mission Finds Evidence of Water on the Moon

September 24th, 2009

Via: Times: Dreams of establishing a manned Moon base could become reality within two decades after India’s first lunar mission found evidence of large quantities of water on its surface. Data from Chandrayaan-1 also suggests that water is still being formed on the Moon. Scientists said the breakthrough — to be announced by Nasa at […]

Census Worker Found Hanged, “Fed” Scrawled Across His Chest

September 24th, 2009

Via: Washington Post: A part-time Census Bureau field worker was found hanged in Kentucky Sept. 12 with the word “fed” scrawled across his chest, according to a law enforcement source. Bill Sparkman, 51 was found in a remote patch of the Daniel Boone National Forest in rural southeast Kentucky, the Associated Press first reported Wednesday […]

Cryptogon Readers Sign Up for Hosting with BlueHost

September 24th, 2009

Thanks to the owners of the following domains for signing up for hosting with BlueHost: luminositytech.com michellesmithservices.com Cryptogon received $180.

Eric Kolchinsky: Moody’s Whistle-Blower

September 23rd, 2009

Via: Reuters: Senior managers at Moody’s Corp still favor revenue over ratings quality and are willing to dismiss or silence employees who disagree with them, according to a recently suspended Moody’s managing director. In written testimony obtained by Reuters for a U.S. congressional hearing on Thursday, Eric Kolchinsky said the firm’s credit policy group is […]

Mexico: Army Raid Finds Cash Addressed to Police

September 23rd, 2009

Via: AP: Soldiers raiding a drug gang safehouse in northern Mexico found money-stuffed envelopes earmarked for various police forces and one marked for “press,” authorities said Tuesday. Four people were arrested and $5 million in U.S. and Mexican currency was seized during the raid Monday in the industrial city of Monterrey, according to an army […]

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