Archive for April, 2010
SPAIN’S DEBT DOWNGRADED
April 28th, 2010Via: CNN: Standard and Poor’s downgraded the sovereign debt ratings of Spain to a lower investment grade status Wednesday, citing “risks to budgetary position” for the troubled European nation. Spain’s long-term sovereign debt rating was reduced to “AA” from “AA+.” The short-term rating was left unchanged at “A-1+.”
Greece Debt Rating Cut to Junk by S&P
April 28th, 2010Via: BBC: Global stock markets tumbled after Greece’s debt was downgraded to “junk” by rating agency Standard & Poor’s over concerns that the country may default. It makes the struggling nation the first eurozone member to have its debt downgraded to junk level. Portugal’s debt was also lowered on fears of “contagion”, adding to the […]
The Next Empire: China in Africa
April 28th, 2010Via: The Atlantic: Africans’ attitudes toward China’s recent initiatives on their continent are perhaps inevitably riddled with ambivalence. Many African intellectuals bridle at Western criticism of China’s African full-court press. The West, they say, has long patronized their continent, and since the end of the Cold War, has subjected it to outright neglect. And all […]
Blankfein Supports Financial Reform Legislation
April 28th, 2010In Fiat Currency Hell, endless financial complexity allows for swindling at heretofore unthinkable levels. This may sound counterintuitive, but the purpose of expanding the regulatory machinery is to facilitate even vaster amounts of fraud. This is what happens when big organizations fail, but aren’t allowed to die. A small number of people makes off with […]
Goldman Sachs Sausage Mill: “Boy, That Timberwolf Was One Shitty Deal”
April 28th, 2010Derek Michael Stansberry: Former Air Force Intelligence Specialist Claims to Have Bomb and Fake Passport Aboard Trans-Atlantic Flight
April 28th, 2010Update: Text of Note COA may mean Course Of Action. Via: Los Angeles Times: Air Force reservist Derek Michael Stansberry allegedly claimed in a confused note to have explosives aboard a Delta flight from Paris to Atlanta. His possible motives are unclear. An Air Force reservist working for a defense contractor in Africa was charged […]
We Have Met the Enemy and He Is PowerPoint
April 27th, 2010Via: New York Times: Gen. Stanley A. McChrystal, the leader of American and NATO forces in Afghanistan, was shown a PowerPoint slide in Kabul last summer that was meant to portray the complexity of American military strategy, but looked more like a bowl of spaghetti. “When we understand that slide, we’ll have won the war,” […]
Professor Tim Bell: Computer Science Unplugged
April 27th, 2010Tim Bell, a University of Canterbury Professor of Computer Science, developed a series of materials for teaching computer science concepts to children, “Through engaging games and puzzles that use cards, string, crayons and lots of running around.” He calls the curriculum Computer Science Unplugged. He spoke about Computer Science Unplugged on Radio New Zealand’s Nine […]
New York: Tent City Springs Up as Over One Thousand People Try to Receive an Application for a Single Elevator Mechanic Job
April 27th, 2010Can you feel the Recovery? Via: CBS: Desperate times call for desperate measures – even if it means camping out in the rain for a chance at a job application. Hundreds of job-seekers did just that in Queens in the hopes of landing a coveted union job. Construction workers, engineers, electricians — hundreds spent the […]
Company Building Underground Bunker Communities for Those Looking to Survive TEOTWAWKI
April 26th, 2010Fallout 3 takes place in the year 2277, 36 years after the setting of Fallout 2 and 200 years after the nuclear apocalypse that devastated the game’s world in a future where international conflicts culminated in a Sino-American war in the second half of the 21st century. The game places the player in the role […]
