Escalator Fall Kills Hedge Fund Manager

September 28th, 2009

Via: NBC News:

A hedge fund executive died early Sunday morning after falling three floors from an escalator at The Pier Shops at Caesars, according to police.

Atlantic City police said James Vellanti, 40, fell from the third to the first floor. Vellanti lived in Clinton, Hunterdon County and was Chief Operating Officer for the hedge fund JNF Asset Management, LLC in New York. His LinkedIn profile says he went to West Chester University in the 1980s.

This is the second incident at The Pier. In August, Frank Gilbert, of Galloway Township, plunged about 40 feet and died of head injuries. Witness said Gilbert, 25, sat on the moving handrail and fell backward, according to Press of Atlantic City.


Washington State Lifts Limit on Mercury Preservative in Swine-Flu Shots

September 28th, 2009

Via: Seattle Times:

In preparation for swine-flu vaccinations next month, Washington’s Health Department on Thursday temporarily suspended a rule that limits the amount of a mercury preservative in vaccines given to pregnant women and children under the age of 3.

The preservative, thimerosal, has never been linked to any health problems, said Secretary of Health Mary Selecky. But a vocal minority believes the compound could be linked to autism. The state Legislature adopted the limit in 2006.

Thimerosal has been eliminated from most vaccines in the United States, but it will be added to the bulk of the swine-flu vaccine being produced to stem a pandemic that health officials estimate could sicken more than a third of the state’s residents.

Pregnant women and young children are considered at high risk for swine flu, and lifting the mercury limits will give them quicker access to the vaccine, Selecky said.

“It’s vital that everyone in a high-risk group has the choice to be vaccinated when swine-flu vaccine becomes available,” she said.


U.S. Intelligence Budget: $75 Billion, 200,000 Operatives

September 28th, 2009

Via: Dissident Voice:

Speaking at San Francisco’s Commonwealth Club September 15, Director of National Intelligence Admiral Dennis C. Blair, disclosed that the current annual budget for the 16 agency U.S. “Intelligence Community” (IC) clocks-in at $75 billion and employs some 200,000 operatives world-wide, including private contractors.

In unveiling an unclassified version of the National Intelligence Strategy (NIS), Blair asserts he is seeking to break down “this old distinction between military and nonmilitary intelligence,” stating that the “traditional fault line” separating secretive military programs from overall intelligence activities “is no longer relevant.”

As if to emphasize the sweeping nature of Blair’s remarks, Federal Computer Week reported September 17 that “some non-federal officials with the necessary clearances who work at intelligence fusion centers around the country will soon have limited access to classified terrorism-related information that resides in the Defense Department’s classified network.” According to the publication:

Under the program, authorized state, local or tribal officials will be able to access pre-approved data on the Secret Internet Protocol Router Network. However, they won’t have the ability to upload data or edit existing content, officials said. They also will not have access to all classified information, only the information that federal officials make available to them.

The non-federal officials will get access via the Homeland Security department’s secret-level Homeland Security Data Network. That network is currently deployed at 27 of the more than 70 fusion centers located around the country, according to DHS. Officials from different levels of government share homeland security-related information through the fusion centers. (Ben Bain, “DOD opens some classified information to non-federal officials,” Federal Computer Week, September 17, 2009)

Since the September 11, 2001 terrorist attacks, the federal government has encouraged the explosive growth of fusion centers. As envisaged by securocrats, these hybrid institutions have expanded information collection and sharing practices from a wide variety of sources, including commercial databases, among state and local law enforcement agencies, the private sector and federal security agencies, including military intelligence.

But early on, fusion centers like the notorious “red squads” of the 1960s and ’70s, morphed into national security shopping malls where officials monitor not only alleged terrorists but also left-wing and environmental activists deemed threats to the existing corporate order.

It is currently unknown how many military intelligence analysts are stationed at fusion centers, what their roles are and whether or not they are engaged in domestic surveillance.

If past practices are an indication of where current moves by the Office of the Director of National Intelligence (ODNI) will lead, in breaking down the “traditional fault line” that prohibits the military from engaging in civilian policing, then another troubling step along the dark road of militarizing American society will have been taken.


Berkeley and DARPA: Cyborg Beetle Piloted by Remote Control

September 28th, 2009

Via: Wired:

The creation of a cyborg insect army has just taken a step closer to reality. A research team at the University of California Berkeley recently announced that it has successfully implanted electrodes into a beetle allowing scientists to control the insect’s movements in flight. “We demonstrated the remote control of insects in free flight via an implantable radioequipped miniature neural stimulating system,” the researchers reported in their new paper for Frontiers in Integrative Neuroscience. ” The pronotum mounted system consisted of neural stimulators, muscular stimulators, a radio transceiver-equipped microcontroller and a microbattery.”

The research, supported by the Pentagon’s Defense Advanced Research Projects Agency, is part of a broader effort, called the HI-MEMS program, which has been looking specifically at different approaches to implanting micro-mechanical systems into insects in order to control their movements.

A number of research teams working on this ambitious project have reported specific successes. For example, researchers at the University of Michigan have demonstrated implants in a flying moth, but the Berkeley scientists appear to have demonstrated an impressive degree of control over their insect’s flight; they report being able to use an implant for neural stimulation of the beetle’s brain to start, stop, and control the insect in flight. They could even command turns by stimulating the basalar muscles.

Eventually, the mind-controlled insects could be used to “serve as couriers to locations not easily accessible to humans or terrestrial robots,” they note.

More: Frontiers in Integrative Neuroscience: Remote Radio Control of Insect Flight:

We demonstrated the remote control of insects in free flight via an implantable radio-equipped miniature neural stimulating system. The pronotum mounted system consisted of neural stimulators, muscular stimulators, a radio transceiver-equipped microcontroller and a microbattery. Flight initiation, cessation and elevation control were accomplished through neural stimulus of the brain which elicited, suppressed or modulated wing oscillation. Turns were triggered through the direct muscular stimulus of either of the basalar muscles. We characterized the response times, success rates, and free-flight trajectories elicited by our neural control systems in remotely-controlled beetles. We believe this type of technology will open the door to in-flight perturbation and recording of insect flight responses.


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September 28th, 2009

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Obama: More Sk0ol

September 28th, 2009

Dumbing Us Down: The Hidden Curriculum of Compulsory Schooling by John Taylor Gatto

“Thirty years of award-winning teaching in New York City’s public schools led John Gatto to the sad conclusion that compulsory governmental schooling does little but teach young people to follow orders as cogs in the industrial machine.”

Via: AP:

Students beware: The summer vacation you just enjoyed could be sharply curtailed if President Barack Obama gets his way.

Obama says American kids spend too little time in school, putting them at a disadvantage with other students around the globe.

“Now, I know longer school days and school years are not wildly popular ideas,” the president said earlier this year. “Not with Malia and Sasha, not in my family, and probably not in yours. But the challenges of a new century demand more time in the classroom.”

The president, who has a sixth-grader and a third-grader, wants schools to add time to classes, to stay open late and to let kids in on weekends so they have a safe place to go.

“Our school calendar is based upon the agrarian economy and not too many of our kids are working the fields today,” Education Secretary Arne Duncan said in a recent interview with The Associated Press.


FBI Releases Edited OKC Bombing Tapes

September 28th, 2009

Via: AP:

Long-secret security tapes showing the chaos immediately after the 1995 bombing of the Oklahoma City federal building are blank in the minutes before the blast and appear to have been edited, an attorney who obtained the recordings said Sunday.

“The real story is what’s missing,” said Jesse Trentadue, a Salt Lake City attorney who obtained the recordings through the federal Freedom of Information Act as part of an unofficial inquiry he is conducting into the April 19, 1995, bombing that killed 168 people and injured hundreds more.

Trentadue gave copies of the tapes to The Oklahoman newspaper, which posted them online and provided copies to The Associated Press.

The tapes turned over by the FBI came from security cameras various companies had mounted outside office buildings near the Alfred P. Murrah Federal Building. They are blank at points before 9:02 a.m., when a truck bomb carrying a 4,000 pound fertilizer-and-fuel-oil bomb detonated in front of the building, Trentadue said.

“Four cameras in four different locations going blank at basically the same time on the morning of April 19, 1995. There ain’t no such thing as a coincidence,” Trentadue said.

He said government officials claim the security cameras did not record the minutes before the bombing because “they had run out of tape” or “the tape was being replaced.”

“The interesting thing is they spring back on after 9:02,” he said. “The absence of footage from these crucial time intervals is evidence that there is something there that the FBI doesn’t want anybody to see.”

A spokesman for the FBI in Oklahoma City, Gary Johnson, declined to comment and referred inquiries about the tapes to FBI officials in Washington, who were not immediately available for comment Sunday.

The soundless recordings show people rushing from nearby buildings after the bomb went off. Some show people fleeing through corridors cluttered with debris. None show the actual explosion that ripped through the federal building.

FBI agents did not report finding any security tapes from the federal building itself.

The FBI in the past refused to release the security camera recordings, leading Trentadue and others to contend the government was hiding evidence that others were involved in the attack.

“It’s taken a lawsuit and years to get the tapes,” Trentadue said.


U.S. Job Seekers Exceed Openings by Record Ratio

September 27th, 2009

Via: New York Times:

Despite signs that the economy has resumed growing, unemployed Americans now confront a job market that is bleaker than ever in the current recession, and employment prospects are still getting worse.

Job seekers now outnumber openings six to one, the worst ratio since the government began tracking open positions in 2000. According to the Labor Department’s latest numbers, from July, only 2.4 million full-time permanent jobs were open, with 14.5 million people officially unemployed.

And even though the pace of layoffs is slowing, many companies remain anxious about growth prospects in the months ahead, making them reluctant to add to their payrolls.

“There’s too much uncertainty out there,” said Thomas A. Kochan, a labor economist at M.I.T.’s Sloan School of Management. “There’s not going to be an upsurge in job openings for quite a while, not until employers feel confident the economy is really growing.”

The dearth of jobs reflects the caution of many American businesses when no one knows what will emerge to propel the economy. With unemployment at 9.7 percent nationwide, the shortage of paychecks is both a cause and an effect of weak hiring.


Unemployment Rate for Young Americans at Post-World War II High

September 27th, 2009

Update: The New York Post Likely Has Made a Mistake About the Percentage of Unemployed Young People

Until Richard Wilner, the author of the New York Post piece below, can come up with a source of his information, I think we have to conclude that his 52.2% number is nonsense, at least from an official standpoint.

As far as I can tell, the official youth unemployment rate is 18.5%:

Unemployment

In July 2009, 4.4 million youth were unemployed, up by nearly 1.0 million from July 2008. The youth unemployment rate was 18.5 percent in July 2009, the highest July rate on record for the series, which began in 1948.

Source: U.S. Department of Labor: Employment and Unemployment Among Youth Summary

—End Update—

Warning: Government numbers ahead.

Via: New York Post:

The unemployment rate for young Americans has exploded to 52.2 percent — a post-World War II high, according to the Labor Dept. — meaning millions of Americans are staring at the likelihood that their lifetime earning potential will be diminished and, combined with the predicted slow economic recovery, their transition into productive members of society could be put on hold for an extended period of time.

And worse, without a clear economic recovery plan aimed at creating entry-level jobs, the odds of many of these young adults — aged 16 to 24, excluding students — getting a job and moving out of their parents’ houses are long. Young workers have been among the hardest hit during the current recession — in which a total of 9.5 million jobs have been lost.

“It’s an extremely dire situation in the short run,” said Heidi Shierholz, an economist with the Washington-based Economic Policy Institute. “This group won’t do as well as their parents unless the jobs situation changes.”

Al Angrisani, the former assistant Labor Department secretary under President Reagan, doesn’t see a turnaround in the jobs picture for entry-level workers and places the blame squarely on the Obama administration and the construction of its stimulus bill.

“There is no assistance provided for the development of job growth through small businesses, which create 70 percent of the jobs in the country,” Angrisani said in an interview last week. “All those [unemployed young people] should be getting hired by small businesses.”

There are six million small businesses in the country, those that employ less than 100 people, and a jobs stimulus bill should include tax credits to give incentives to those businesses to hire people, the former Labor official said.

“If each of the businesses hired just one person, we would go a long way in growing ourselves back to where we were before the recession,” Angrisani noted.

During previous recessions, in the early ’80s, early ’90s and after Sept. 11, 2001, unemployment among 16-to-24 year olds never went above 50 percent. Except after 9/11, jobs growth followed within two years.


Get Your Flu Shot at Safeway and Save 10% on Your Next Grocery Purchase

September 27th, 2009

Via: Safeway: Ingredients for Life:

We are in full swing with our fall routine – school, homework, dance class for the girls, and with back to school comes more germs for all of us. It seems crazy to have to start thinking about the flu shot so early but experts agree that you’re better off if you’re vaccinated before the height of flu season (although it can still help to protect you if you get it later in the season too). Safeway pharmacies have the seasonal flu shots available now and are offering the vaccine on a walk-in basis (some pharmacies will be scheduling clinics so check in your area. Depending on the store and time of day, there may be a slight wait time, similar to the time it takes to get a prescription filled. And, as a thank you for getting your flu shot with Safeway, they will give you a voucher for 10% off your next grocery purchase (must be used within 7 days of issue) along with some high value Super Price Coupons on health related items like facial tissues and hand sanitizer. Convenient, affordable flu shots PLUS bonus Super Price Coupons and a discount off groceries – you’ve got to love that!


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