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Armed Robots Malfunction in Iraq
April 12th, 2008It’s tough to know what to believe on this one. The statement below is ambiguous. The Army spokesperson said, “It can take 10 or 20 years to try it again.” But then the piece says, “Fahey expects another armed ground bot to be deployed within the year.”
Take your pick.
I had been wondering what happened with the SWORDS program. There was no news for a long time after they were deployed to Iraq.
Via: Popular Mechanics:
Last year, three armed ground bots were deployed to Iraq. But the remote-operated SWORDS units were almost immediately pulled off the battlefield, before firing a single shot at the enemy. Here at the conference, the Army’s Program Executive Officer for Ground Forces, Kevin Fahey, was asked what happened to SWORDS. After all, no specific reason for the 11th-hour withdrawal ever came from the military or its contractors at Foster-Miller. Fahey’s answer was vague, but he confirmed that the robots never opened fire when they weren’t supposed to. His understanding is that “the gun started moving when it was not intended to move.” In other words, the SWORDS swung around in the wrong direction, and the plug got pulled fast. No humans were hurt, but as Fahey pointed out, “once you’ve done something that’s really bad, it can take 10 or 20 years to try it again.”
So SWORDS was yanked because it made people nervous. Meanwhile, the V-22 Osprey program has killed 30 people during test flights, but the tiltrotor aircraft is currently in active service. Fahey expects another armed ground bot to be deployed within the year, but the point has been made: For robots, there is no margin for error.
UK: Anti-Terror Laws Used to Place Family Under Surveillance so Council Could Verify School Enrollment Statements
April 11th, 2008Via: Sleaford Standard:
Poole Borough Council has admitted it spied on a family using laws passed to track criminals and terrorists to find out if they were lying about living in a school catchment area.
The couple and their three children were put under surveillance without their knowledge for more than two weeks using powers under the Regulation of Investigatory Powers Act.
The family only found out about the spying when a school admissions manager told them.
The authority said it used the legislation to watch the family at home and in their daily movements because it wanted to know if they lived in the catchment area for a school which their three-year-old daughter wanted to attend.
Human rights pressure group Liberty called the spying “disproportionate” and “intrusive”.
James Welch, legal director for Liberty said: “It’s one thing to use covert surveillance in operations investigating terrorism and other serious crimes, but it has come to a pretty pass when this kind of intrusive activity is used to police school catchment areas.
“This is a ridiculously disproportionate use of RIPA and will undermine public trust in necessary and lawful surveillance.”
The anonymous mother told the Bournemouth Echo she was shown the surveillance record, listing her movements from February 13 to March 3, including school runs with her children and the routes they drove.
The angry family told the newspaper the surveillance team wrote down detailed notes such as “female and three children enter target vehicle and drive off” and “curtains open and all lights on in premises”.
The RIPA legislation allows councils to carry out surveillance but only if it suspects criminal acts have taken place.
Research Credit: HT
Mumps Made Comeback in U.S.
April 11th, 2008Via: Reuters:
Mumps made an alarming comeback in the United States in 2006 and may take years to completely eradicate, federal health experts reported on Wednesday.
The outbreak of the viral disease came despite the widespread use of a second dose of a mumps vaccine, produced by Merck, beginning in 1990.
Eighty-four percent of the people between the ages of 18 and 24 who became ill in the outbreak had received the second recommended dose, the researchers reported in the New England Journal of Medicine.
Firms Packaging Unsellable, Toxic Waste Corporate Loans Into “Collateral” In Order to Borrow More Money from the Fed
April 11th, 2008“We Americans were very clever.”
Via: Bloomberg:
Wall Street firms may be bundling high-yield, high-risk corporate loans into securities to use as collateral to borrow from the U.S. government, according to a report by Morgan Stanley analysts.
Securities firms can borrow against collateralized loan obligations at the Federal Reserve’s Primary Dealer Credit Facility, the analysts said. The Fed set up the facility last month, its first extension of credit to non-banks since the Great Depression.
The creation last month of CLOs comprised of loans for private-equity buyouts or other leveraged loans to larger companies totaling $11.4 billion ended “the deep freeze” in the market, and many arose from unusual motives, today’s report said. “At least one” recent CLO was probably done to take advantage of the Fed’s new facility, it said.
“It’s not cheap to finance loans today in the market,” Vishwanath Tirupattur, a Morgan Stanley analyst in New York, said in a telephone interview.
Lehman Brothers Holdings Inc., the fourth-largest U.S. securities firm, last month created the $2.8 billion Freedom CLO, the largest this year, out of loans that couldn’t be readily sold to investors, such as for buyouts of payment processor First Data Corp. and power producer TXU Corp. JPMorgan Chase & Co., Deutsche Bank AG and Barclays Plc also underwrote CLOs in March, according to data complied by Bloomberg.
Candid Camera: Trove of Videos Vexes Wal-Mart
April 11th, 2008Priceless.
Via: Wall Street Journal:
For nearly 30 years, Wal-Mart Stores Inc. employed a video-production company here to capture footage of its top executives, sometimes in unguarded moments. Two years ago, the retailing giant stopped using the tiny company.
At first, the decision threw Flagler Productions Inc. into a panic. Now it’s Wal-Mart that’s squirming.
In recent months, Flagler has opened its trove of some 15,000 Wal-Mart tapes to the outside world, with an eye toward selling clips. The material is proving irresistible to everyone from business historians and documentary filmmakers to plaintiffs lawyers and union organizers.
Among the revealing moments: A former executive vice president and board member challenges store managers in 2004 to continue his work opposing unionization. Male managers in drag lead thousands of co-workers in the company’s corporate cheer. In another meeting, managers mock foolish or dangerous use of a product sold in its stores. In 1991, founder Sam Walton describes Hillary Clinton, then a Wal-Mart director, as “one of us.”
The best part, maintains plaintiffs lawyer Gene P. Graham Jr., is that “Wal-Mart has no control over this stuff.”
Wal-Mart isn’t pleased.
GE: Big Earnings Miss
April 11th, 2008Via: Bloomberg:
General Electric Co. reported its first decline in quarterly profit since 2003, missing analysts’ estimates with a 12 percent drop in earnings as a freeze in credit markets blocked asset sales and forced it to write down the value of investments.
The world’s third-largest company by market value fell as much as 12 percent, the most since 1987, in New York trading after GE also cut the forecast that Chief Executive Officer Jeffrey Immelt once told investors was “in the bag” for 2008.
“We hate disappointing investors,” Immelt said in an interview on the company-owned CNBC television network. “It’s not part of the company. It’s not part of the culture. We take accountability for that.”
General Electric’s miss came without warning as it was forced to cut the value of some securities in the last two weeks of March as capital markets seized up, Immelt said. That also prevented GE from selling some finance assets. GE put its U.S. credit card business and Japanese consumer finance units up for sale last year. The health-care unit also trailed expectations.
White Hat Team Quickly Owned Power Company; Could Have Shut Down Grid
April 10th, 2008Via: Network World:
Cracking a power company network and gaining access that could shut down the grid is simple, a security expert told an RSA audience, and he has done so in less than a day.
Ira Winkler, a penetration-testing consultant, says he and a team of other experts took a day to set up attack tools they needed then launched their attack, which paired social engineering with corrupting browsers on a power company’s desktops. By the end of a full day of the attack, they had taken over several machines, giving the team the ability to hack into the control network overseeing power production and distribution.
Winkler says he and his team were hired by the power company, which he would not name, to test the security of its network and the power grid it oversees. He would not say when the test was done, but referred to the timeframe as “now.” The company called off the test after the team took over the machines.
“We had to shut down within hours,” Winkler says, “because it was working too well. We more than proved that they were royally screwed.”
Moron U
April 10th, 2008Via: Chronicle of Higher Education:
I teach a seminar called “Secrecy: Forbidden Knowledge.” I recently asked my class of 16 freshmen and sophomores, many of whom had graduated in the top 10 percent of their high-school classes and had dazzling SAT scores, how many had heard the word “rendition.”
Not one hand went up.
This is after four years of the word appearing on the front pages of the nation’s newspapers, on network and cable news, and online. This is after years of highly publicized lawsuits, Congressional inquiries, and international controversy and condemnation. This is after the release of a Hollywood film of that title, starring Jake Gyllenhaal, Meryl Streep, and Reese Witherspoon.
I was dumbstruck. Finally one hand went up, and the student sheepishly asked if rendition had anything to do with a version of a movie or a play.
I nodded charitably, then attempted to define the word in its more public context. I described specific accounts of U.S. abductions of foreign citizens, of the likely treatment accorded such prisoners when placed in the hands of countries like Syria and Egypt, of the months and years of detention. I spoke of the lack of formal charges, of some prisoners’ eventual release and how their subsequent lawsuits against the U.S. government were stymied in the name of national security and secrecy.
The students were visibly disturbed. They expressed astonishment, then revulsion. They asked how such practices could go on.
I told them to look around the room at one another’s faces; they were seated next to the answer. I suggested that they were, in part, the reason that rendition, waterboarding, Guantánamo detention, warrantless searches and intercepts, and a host of other such practices have not been more roundly discredited. I admit it was harsh.
That instance was no aberration. In recent years I have administered a dumbed-down quiz on current events and history early in each semester to get a sense of what my students know and don’t know. Initially I worried that its simplicity would insult them, but my fears were unfounded. The results have been, well, horrifying.
Nearly half of a recent class could not name a single country that bordered Israel. In an introductory journalism class, 11 of 18 students could not name what country Kabul was in, although we have been at war there for half a decade. Last fall only one in 21 students could name the U.S. secretary of defense. Given a list of four countries — China, Cuba, India, and Japan — not one of those same 21 students could identify India and Japan as democracies. Their grasp of history was little better. The question of when the Civil War was fought invited an array of responses — half a dozen were off by a decade or more. Some students thought that Islam was the principal religion of South America, that Roe v. Wade was about slavery, that 50 justices sit on the U.S. Supreme Court, that the atom bomb was dropped on Hiroshima in 1975. You get the picture, and it isn’t pretty.
Record Power Prices in Europe, Consumers May Pay the Price
April 10th, 2008Via: Bloomberg:
Power prices rose to records across Europe, potentially increasing costs for consumers and industry on the continent as economic growth slows.
Power for 2009 in Germany, Europe’s biggest electricity market, climbed to a record 65.50 euros ($105) a megawatt hour, gaining 1.2 percent, according to broker GFI Group Inc. The contract traded at 65.25 euros at 3:35 p.m. Berlin time. French, Dutch and U.K. contracts also rose to records.
European electricity prices are in the third year of a rally as the price of oil is surging and after the introduction of the European Union’s emissions-trading program. The increased costs for the continent’s 306 million people and industry may dent an economy that’s being threatened by a possible U.S. recession and add to inflation pressures.
“Commercial and industrial users will definitely have to pay these prices, and the broader public too,” said Per Lekander, a utilities analyst at UBS AG in London today. “It’s short-term pain and long-term gain for the utilities.”
The European Central Bank today kept interest rates at a six-year high to quell inflation, even as the euro’s gain and a credit squeeze threaten to choke growth. The International Monetary Fund yesterday said Europe’s economy will expand at the slowest pace in five years. The ECB is reluctant to follow its U.S. and U.K. counterparts in cutting interest rates as the fastest inflation in 16 years stokes demands for wage increases.


