Archive for August, 2011
Blankfein Lawyers Up
August 23rd, 2011Luxury residence overlooking Central Park: $26 Million U.S. Taxpayer Bailout of Goldman Sachs: $10 Billion Criminal Defense Team Used by the Worst Corporate Scumbags: Priceless. (Or maybe just expensive, given the track record.) Via: Daily Beast: On Monday, Goldman shares took a 6 percent beating during final and extended trading hours on the announcement that […]
Bancroft Global Development
August 23rd, 2011Via: AP / Huffington Post: On the front lines of Mogadishu’s streets, Islamist militants battle African Union troops. Standing alongside the peacekeepers are members of an American-run team of advisers, former military men who play a little-known but key role in the war against al-Shabab. Aside from covert raids by special operations forces, the U.S. […]
Washington DC Martin Luther King Memorial Made in China
August 23rd, 2011Via: Telegraph: The 30ft-tall statue, which forms the centrepiece of a $120 million (£73 million), four-acre memorial to Dr King, opened to the public on Monday on the National Mall in Washington. It is the only memorial on the Mall that does not honour a president or fallen soldiers. Standing in the shadow of the […]
Gold Clears $1900
August 22nd, 2011Fresh record high: $1912.02. I’ll just mention gold at hundred dollar levels now, or if I happen to notice something technically significant.
New UAV for Police Can Taze People from Above
August 22nd, 2011Via: Singularity Hub: The ShadowHawk is the seven-foot, 50-lb copter that is the toy-sized dealer of destruction from Texas-based Vanguard Defense Industries. The copter is the result of three years of development. If being tased from above sounds frightening to you, I suggest you cease all criminal activities now (simply staying indoors is an option). […]
German Village Produces 321% More Energy Than It Needs
August 22nd, 2011Via: Inhabitat: Ok, those Germans are just showing off now. Not only has the nation announced plans to shut down all of its nuclear power plants and started the construction of 2,800 miles of transmission lines for its new renewable energy initiative, but now the village of Wildpoldsried is producing 321% more energy than it […]
Large Zone Around Damaged Fukushima Nuclear Plant Will Be Declared Uninhabitable for Decades
August 22nd, 2011Via: New York Times: Broad areas around the stricken Fukushima Daiichi nuclear plant could soon be declared uninhabitable, perhaps for decades, after a government survey found radioactive contamination that far exceeded safe levels, several major media outlets said Monday. The formal announcement, expected from the government in coming days, would be the first official recognition […]
Disclosure: I’m Long QQQ
August 22nd, 2011Warning: This is not a recommendation to buy, sell or hold any financial instrument. Update: Out QQQ – No Position in QQQ —End Update— Update: NASDAQ Rallies 4.3 Percent Oh yes. AP —End Update— — Update: WEEEEEEEE! — I bought the QQQ this morning.
Japanese Researchers Trying to Find Rice Varieties that Absorb Less Cesium from the Soil
August 22nd, 2011Grim. Via: Kyodo: A research agency in Fukushima Prefecture recently began examining some 110 varieties of rice from in and outside Japan in search for strains that absorb less radioactive cesium from soil. The project, which the Fukushima Agricultural Technology Center initiated in the wake of the nuclear disaster at the Fukushima Daiichi power plant, […]
Social Security Disability Fund Swamped by Requests for Benefits; ‘It’s Primarily Economic Desperation’
August 22nd, 2011Broke, desperate, sick people flooding the government for requests for benefits…. Man, sounds like Recovery Double Plus Good and another reason for Obombya to go golfing. Via: AP: Laid-off workers and aging baby boomers are flooding Social Security’s disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Applications are […]
