HP Garage photo tour

We had the honor of getting invited to tour the HP Garage, considered almost universally to be the “birthplace of Silicon Valley.” In a nutshell, the HP Garage is a literal 12’...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 9:00 pm

FCC to Investigate D-Block Auction

eweekhickins writes "Feds and public interest groups are taking seriously accusations that someone tampered with the wireless spectrum auction process. The block of spectrum that was supposed to go to emergency responders failed to get close to the reserve price, raising suspicions that someone was trying to make money off the Sept. 11 national tragedy. But that would never happen, right?" This is a follow up to last week's allegations.

Read more of this story at Slashdot.


Source: Slashdot | 24 Mar 2008 | 12:54 pm

Sony enhances Blu-ray offerings - Reuters


Scientific American

Sony enhances Blu-ray offerings
Reuters - 41 minutes ago
By Thomas K. Arnold LOS ANGELES (Hollywood Reporter) - Sony Pictures Home Entertainment is targeting April 8 as the date it will release its first batch of Blu-ray Disc titles that can be connected to the Internet for more bonus materials and features.
PS3 Firmware Update Enhances Blu-ray Capabilites PC World
Home Integrators Approve Of Blu-ray Profile 2.0 for PS3 CRN
Cnet Asia - Log Cabin Democrat - Enews 2.0 - CNet News.com Blog
all 62 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 12:32 pm

Enigmatic Antarctica - Amazing Giant Species Of Mollusks Found - eFluxMedia


WHDH-TV

Enigmatic Antarctica - Amazing Giant Species Of Mollusks Found
eFluxMedia - 54 minutes ago
By Dee Chisamera Eight weeks of voyage ended successfully for scientists aboard Tangaroa, after discovering amazing creatures in the Antarctic waters of New Zealand.
Experts find giant Antarctic sea creatures United Press International
Giant sea creatures found in Antarctic search CNN
RedOrbit - Mongabay.com - New Zealand Herald
all 98 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 12:19 pm

Frontier Wireless to Compete with AT&T, Verizon? - TMCnet


E Canada Now

Frontier Wireless to Compete with AT&T, Verizon?
TMCnet - 1 hour ago
By Narayan Bhat Frontier Wireless, owned by Colorado-based satellite television company EchoStar, is the newest player to win nearly enough spectrum licenses to create a nationwide footprint.
More on Dish Network's mobile TV service IntoMobile
700-MHz Auction Draws Mixed Reaction PC World
America's Network - MIT Technology Review - eFluxMedia
all 227 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 12:10 pm

California Edges Toward Joining Real ID Revolt

The Department of Homeland Security's Real ID program has a real challenge on its hands from California. DHS had said it will only grant extensions from the Real ID rules taking effect on May 11 to states that apply by March 31 and promise to implement Real ID by 2010. California requested an extension but would not make the latter promise. DHS buckled and said, in effect, "Good enough." Perhaps they realized that trying to slap giant California around is qualitatively different than doing the same to New Hampshire. In another crack in the wall. DHS has granted Montana a waiver it explicitly did not ask for. From Wired: "For a short moment Thursday, millions of Californians were in danger of facing pat-downs at the airport and being blocked from federal buildings come May 11... DHS had said before Thursday it won't grant Real ID extensions to states who don't commit to implementing the rules in the future. That meant Tuesday's letter looked like enough to join California to the small rebellion against the Real ID rules. For Californians that would mean enduring the same fate facing citizens of South Carolina, Maine, Montana, and New Hampshire... [A]fter Threat Level provided Homeland Security spokesman Laura Keehner with the letter, Keehner said California's commitment to thinking about commitment is good enough."

Read more of this story at Slashdot.


Source: Slashdot | 24 Mar 2008 | 12:03 pm

God, Man, and Arthur C. Clarke

I must have been nine when my father gave me a small paperback of Arthur C. Clarke's short stories. The book was called "Expedition to Earth," and in the title story, long-ago aliens visit the third planet...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 12:02 pm

Microsoft confirms Word attacks - ZDNet Blogs


The Tech Herald

Microsoft confirms Word attacks
ZDNet Blogs - 1 hour ago
Microsoft has confirmed reports of vulnerability in Word that allows an attacker to exploit a system via the Microsoft Jet Database Engine, which shares data with Access, Visual Basic and third party applications.
Microsoft sounds bug alarm, confirms Windows-Word attacks Computerworld
Microsoft admits Word users are at risk from critical Jet ... DaniWeb
The Tech Herald - TECH.BLORGE.com - Techworld.com
all 16 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 11:53 am

Plastic May Be Bad for Health: A Chemical in Lightweight Clear Plastics Mimics Estrogen. But There is No Consensus on the Effects

By Wade Rawlins, The News & Observer, Raleigh, N.C. Mar. 24--One word: bisphenol-A. The plastic additive is leaching from your water bottles, soda cans, baby bottles, microwaveable dishes -- just about anything made of certain lightweight clear plastics.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Carbon Credits Aimed at Helping Save Climate

By Kim McGuire, St. Louis Post-Dispatch Mar. 24--IUKA, Ill. -- The walnut and sweet gum trees growing on Duane Snow's property don't provide much shade, nor do they yield enough firewood to warm his house through a bone-chilling winter.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Democrats Invoke Law to Get Arena for Do-Over

By Lawrence Mower By LAWRENCE MOWER REVIEW-JOURNAL The Clark County Democratic Party will use the Thomas & Mack Center at the University of Nevada, Las Vegas nearly for free for the party's convention next month.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Wet Winter Bodes Well for LV

By Henry Brean By HENRY BREAN REVIEW-JOURNAL On the first day of spring, Southern Nevada Water Authority board members heard promising news about what proved to be a very wet winter at the headwaters of the Colorado River.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Revised Plan for Dog Park Advances in Pompano Beach: Roundworm Concerns May Spur Move to Change Layout

By Linda Trischitta, South Florida Sun-Sentinel Mar. 24--POMPANO BEACH -- Revised plans for a less expensive dog park at the southeast corner of Community Park are moving forward.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Environmental Call to Action In Puget Sound, an Alien Invasion: Scientists Try to Weed Out Invasive Sea Squirts

By Susan Gordon, The News Tribune, Tacoma, Wash. Mar. 24--Could a salad dressing ingredient help stewards of Puget Sound control aquatic aliens? In theory, yes.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Trial May Save Long Island's Eroding Beaches

By Mitchell Freedman, Newsday, Melville, N.Y. Mar. 24--Seventy years ago, when the Hamptons were not much more than potato fields, Cynthia Hamlin Ireland's father, Brian, bought a small oceanfront lot on Potato Road in Sagaponack and built a summer retreat for his family.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

Activists Are Small in Number, but Strong in Advocacy: Anti-FPL Demonstrators Have Long Rattled System

By Dianna Cahn, South Florida Sun-Sentinel Mar. 24--Some call themselves social justice activists. Others are self-described anarchists or agitators.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

BRIEF: Pair Jump into Ocean As Boat Catches Fire

By Ventura County Star, Calif. Mar. 24--An Oxnard couple had to dive into the water Sunday afternoon to escape their burning motorboat, a Ventura County Fire Department spokesman said.
Source: RedOrbit News - Science | 24 Mar 2008 | 11:00 am

New Research Shows Internet is Favored Way for Major Donors to Engage With Nonprofits; Reveals Online Expectations of Key Constituency Not Being Fully Met

The results of a national research study into the online behaviors and attitudes of the "wired wealthy" were announced today by Convio, Sea Change Strategies and Edge Research.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

Recycling Effort Aims to Rebuild Both Computers, Lives

By Josh Brodesky, The Arizona Daily Star, Tucson Mar. 24--The warehouse at Pima Computer Recycling is packed with our digital castaways. Printers, keyboards and towers jam shelves while pallets of computers idle, waiting for techs to make them new again.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

CELEBRATING EASTERChurch Rises Up

By Joey Holleman, The State, Columbia, S.C. Mar. 24--Storm broke building but not spirit The opening and closing chants said it all Sunday at Good Aim Missionary Baptist Church's first service since a tornado blasted its sanctuary in Elgin.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

Boc N!'

By James Buescher (That's Spanish for Big Mouth' ) James Buescher Given the general shortage of quality theater pieces written specifically for young audiences, director Barry Kornhauser is thrilled to be mounting a production of " Boc n!," an enduring, bilingual tale about a refugee boy with a giant imagination.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

Survey Finds 67 Percent of Shoppers Invest 30+ Percent of Their Total Shopping Time Researching What to Buy

A new study of the online shopping behavior of 1,000 consumers, released today by Krillion and the e-tailing group, reveals that today's experienced Web shoppers spend a substantial proportion of their total shopping time scouring the Web for product information, buying guides, opinions and reviews of the products they wish to buy.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

Pure Group Hopes for Some Good PR

By Norm Clarke Moving quickly to repair its image after an IRS raid, Pure Management Group has hired a high-powered Los Angeles public relations firm that specializes in crisis management.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

PosTrack Selects Siemens OpenScape Unified Communications Server to Deliver a More Cost-Effective Path to Hosted Unified Communications and Fixed-Mobile Convergence

BOCA RATON, Fla., March 24 /PRNewswire-FirstCall/ -- PosTrack Technologies, Inc. has selected Siemens Communications, Inc. as the backbone for PosTrack's hosted Voice over IP (VoIP) services for schools and enterprises.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

Cable Companies Cry Foul on Verizon

By Paul Davidson The battle between phone and cable companies is getting uglier.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

SR Telecom Signs Asset Purchase Agreement With Groupe Lagasse

SR Telecom (TSX: SRX), a leading vendor in the global WiMAX market, today announced that it has signed an asset purchase agreement (APA) with Sherbrooke (Quebec) based Groupe Lagasse, an international holding company with manufacturing, products and services business units delivering leading edge communications solutions for the private and public sectors, for the purchase of the majority of SR Telecom's assets, including its WiMAX Forum-certified symmetryMX product line, for an aggregate consideration of $6,050,000 payable at closing and by the assumption of certain stated liabilities.
Source: RedOrbit News - Technology | 24 Mar 2008 | 11:00 am

Japan official suggests 2005 as emissions cut base

A senior Japanese official said Monday that 2005 would be fair for a base year in a new deal on slashing greenhouse gases, suggesting the Kyoto Protocol was slanted towards the European...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 10:43 am

Gibson Guitar hits Wal-Mart, Target, others for selling Guitar ... - DailyTech


KIDK

Gibson Guitar hits Wal-Mart, Target, others for selling Guitar ...
DailyTech - 2 hours ago
Earlier this month, Gibson accused Activision of its Guitar Hero franchise violating several of the real-guitar makers’ patents.
Rock Band reaches six million song downloads TG Daily
Gibson Guitar Sues Harmonix And Electronic Arts Portal IT
LinuxElectrons - PC World - New York Times - The Associated Press
all 443 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 10:31 am

Tom Clancy name belongs to Ubisoft forever - DailyTech


Globe and Mail

Tom Clancy name belongs to Ubisoft forever
DailyTech - 2 hours ago
Much of Ubisoft’s core franchise games start their titles with “Tom Clancy’s,” be it Rainbow Six, Ghost Recon, or even Ubisoft Montreal’s own completely imagined Splinter Cell.
Tom Clancy’s Rainbow Six Vegas 2 Variety
Ubisoft wins Clancy name, starts work on Clancy MMO Ars Technica
Gamasutra - TG Daily - Globe and Mail - Gaming Age Online
all 14 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 10:31 am

RE: Best release ever - OS News


RE: Best release ever
OS News - 2 hours ago
Supposed to yes, but it is far from always true. Anybody who's been around software long enough can come up with plenty of examples of where the latest version (and especially and Beta of the latest version) was inferior to the previous version.
New Ubuntu 8.04 Beta Refines The Linux Desktop Wired Blogs
Ubuntu 8.04 Beta Released Slashdot
Newmobilecomputing.com - TechSpot
all 7 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 10:30 am

Is OpenID Being Exploited By The Big Internet Companies?

OpenID, a distributed single sign on solution that allows people to sign into different services with the same login credentials, gained significant momentum over the last year as Google, Microsoft, Yahoo...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 10:24 am

Astronauts Enjoying Own March Madness

To Dominic Gorie, commander of the shuttle Endeavour, spaceflight has a lot in common with competing in the NCAA basketball tournament. So far his crew has muscled through a daunting...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 10:18 am

Forget CDs Or iTunes - Buy Your Music On Reel-To-Reel Tape From The Tape Project

By Andrew Liszewski Whether you agree with analog audiophiles or not, there’s no denying they’ll go to great lengths and spend mountains of cash to recreate what they feel is the ‘perfect...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 9:52 am

Reebok And John Maeda Team Up Again For The Emoretion

By Andrew Liszewski Remember the John Maeda designed Reebok Timetanium shoes I wrote about last November? Well given they sold out in only 14 hours Reebok thought it would be a great idea to have him give...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 9:52 am

STMicro launches speedy chip to detect bird flu

SINGAPORE (Reuters) - Europe's top semiconductor maker, STMicroelectronics , said it has developed a portable chip to detect influenza viruses including bird flu in humans. The device,...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 9:30 am

Mozilla vs. Apple on Safari flap: It’s about the Google search box - ZDNet


GameSHOUT

Mozilla vs. Apple on Safari flap: It’s about the Google search box
ZDNet - 3 hours ago
Apple pushes Safari to you when you update iTunes. Mozilla CEO John Lilly blasted the move. Meanwhile, there’s enough hubbub to last a few weeks over these dueling point of views.
Mozilla CEO Enraged By Sneaky Safari Update Portal IT
Apple, Mozilla, Google, Cash WebProNews
DaniWeb - InformationWeek - CNET News.com - Slashdot
all 74 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 9:26 am

Proporta Releases A New Crystal Case - For The EEE?

By Andrew Liszewski I’ve seen these types of crystal clear plastic cases available for everything from iPods to phones to PSPs before, but this is definitely the first one I’ve seen made for...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 9:21 am

Thinking Blu-ray? Don't rush - San Jose Mercury News


Jamaica Gleaner

Thinking Blu-ray? Don't rush
San Jose Mercury News - 4 hours ago
By Troy Wolverton You may be itching to buy a Blu-ray DVD player now that the format has won the high-definition disc standard war.
Samsung, LG Still Hesitant Toward Blu-Ray Business Korea Times
HD-DVD Outselling Blu-Ray? Dead Format Flies Off Discount Shelves MP3 Newswire
Punch Jump - TVPredictions.com (press release) - Hollywood Today Newsmagazine - BloggingStocks
all 14 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 8:47 am

China to probe online text message spam

Chinese authorities said Monday they are investigating complaints that millions of cell phone users were spammed with unwanted text messages from advertisers.
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 8:46 am

China to Probe Online Text Message Spam

Chinese authorities said Monday they are investigating complaints that millions of cell phone users were spammed with unwanted text messages from advertisers. The uproar over what...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 8:44 am

Researchers' push: reinvent computing - San Jose Mercury News


Enews 2.0

Researchers' push: reinvent computing
San Jose Mercury News - 4 hours ago
By John Markoff Intel and Microsoft said last week that they planned to finance two groups of university researchers to start over and design a new generation of computing systems intended to break the industry out of a technological cul-de-sac that ...
Microsoft, Intel give US$20M for multi-core research Washington Post
CS gets with parallel program EETimes.com
Enews 2.0 - X-bit Labs - PR-USA.net (press release)
all 22 news articles

Source: Google News - Sci/Tech | 24 Mar 2008 | 8:42 am

Japan stocks end flat

Japanese stocks ended virtually flat Monday in a directionless session that saw trading volume fall to its lowest level this year.
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 8:40 am

Nuclear Scanning Catches a Radioactive Cat On I-5

Jeff recommends Seattle Times columnist Danny Westneat's story from a community meeting with Northwest border control agents. Seems their monitoring for dirty bombs from the median of Interstate 5 caught a car transporting a radioactive cat. "It turns out the feds have been monitoring Interstate 5 for nuclear 'dirty bombs.' They do it with radiation detectors so sensitive it led to the following incident. 'Vehicle goes by at 70 miles per hour... Agent is in the median, a good 80 feet away from the traffic. Signal went off and identified an isotope [in the passing car]. The agent raced after the car, pulling it over not far from the monitoring spot.' Did he find a nuke? 'Turned out to be a cat with cancer that had undergone a radiological treatment three days earlier.'"

Read more of this story at Slashdot.


Source: Slashdot | 24 Mar 2008 | 8:09 am

Tech Edge? Innovation Enhancing Efficiency, Opportunities

By Lofton, Lynn With today's technology, small businesses have many options available to them and may level the playing field with their larger competition.
Source: RedOrbit News - Technology | 24 Mar 2008 | 8:00 am

EMBRACE THE TREND AND GO "Green" ; Sand Point Living Interiors Inc.

By DeVinney, Michele With the current trend toward going green, the easiest and most satisfying way to achieve that goal continues to be real green.
Source: RedOrbit News - Science | 24 Mar 2008 | 8:00 am

MobiTV Appoints Vice President of Technical Operations

EMERYVILLE, Calif., March 24 /PRNewswire/ -- MobiTV, Inc., the leader in mobile and broadband entertainment services, today announced that David Turner has joined the...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 7:55 am

$100 Million Coming To Israeli Startup Modu

Modu, an Israeli startup founded in 2007, is going to be adding $100 million to the $20 million in venture capital they’ve already raised, says Israeli newspaper The Globes. The company will create...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 7:45 am

BridgeWatch(R) Real-Time Bridge Monitoring Software

HARTFORD, Conn., March 24 /PRNewswire/ -- USEngineering Solutions Corporation has renamed its flagship software application, ScourWatch(R), to BridgeWatch(R) to reflect...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 7:45 am

ShoreTel Distributed Unified Communications Solution Helps Prudential Fox & Roach Realtors Manage a Rapidly Changing Business

SUNNYVALE, Calif., March 24 /PRNewswire-FirstCall/ -- ShoreTel(R), Inc. (Nasdaq: SHOR), a leading provider of Pure IP Unified Communications solutions, today announced...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 7:45 am

Egg & Muffin Toaster Part Of This Balanced Breakfast

By Evan Ackerman My friends, it’s time for toasters to move beyond sliced bread, and take their rightful place as the doitall kitchen appliances of the 21st century. A noble first step has been taken...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 7:42 am

Xilinx Delivers Complete Design Tools Suite - Providing Breakthrough Improvements in Productivity, Performance & Power

SAN JOSE, Calif., March 24 /PRNewswire/ -- Xilinx, Inc. (Nasdaq: XLNX) today introduced the delivery of its ISE(R) Design Suite 10.1, a single unified release providing...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 7:30 am

Overland Storage Joins The Green Grid

SAN DIEGO, March 24 /PRNewswire-FirstCall/ -- Overland Storage, Inc. (Nasdaq: OVRL) today announced its membership in The Green Grid, a global consortium dedicated to...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 7:30 am

China Fire Announces Results for 2007 Fourth Quarter and Year End and Confirms Initial Guidance for 2008

BEIJING, March 24 /Xinhua-PRNewswire-FirstCall/ -- China Fire & Security Group, Inc. (Nasdaq: CFSG) ("China Fire" or "the Company"), a leading ...
Source: Infocious RSS raw feed - channel BNewsTech | 24 Mar 2008 | 7:15 am

See You At The Virtual Worlds Conference In NYC-- And Get The NWN Discount Code Here

Along with a plethora of Second Life-related folks, I'll be at Manhattan's Javitz Center for the Virtual World Conference on April 3rd and 4th, signing my book, mingling and reporting, possibly popping...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 7:04 am

G. David Low, 52; Astronaut served on three shuttle missions

G. David Low, a NASA astronaut who served on three space shuttle missions before becoming a space industry executive, died March 15 of colon cancer at a hospital in Reston, Va. He was 52.
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 7:00 am

Video - Booze Babes

This montage features some of the nice young ladies I met last month at the Nightclub & Bar Trade Show in Las Vegas. Enjoy! div.mvp_embed_400 { width: 400px; background: white; padding: 10px; margin:...
Source: Infocious RSS raw feed - channel BNBlogTech | 24 Mar 2008 | 6:29 am

It's Raining McCain (video)


Gabriel Delahaye (whose work we've featured on Boing Boing tv not once, but twice!) says, "Um? This video? AMAZING." And holy plus-sized polyester dress slacks, do I ever concur.


Source: Boing Boing | 24 Mar 2008 | 6:17 am

Good comment thread: What's happened to the U.S. economy?

There's a good discussion revving up in the comment thread of Mark Frauenfelder's entry, Documentary examines possibility of US dollar collapse. The first major salvo came from Cowicide, twenty comments in, responding to arguments that the problem isn't that serious:
Not sure Operation Three Trillion Dollar War is helping too much, either...
* Link to video, transcripts of video, audio, etc.

BTW, this isn't some wackos... it's Nobel laureate and former chief World Bank economist, Joseph Stiglitz, and Linda Bilmes (Professor of public finance at Harvard’s Kennedy School of Government).

While we are at it:

Robert Kuttner on the “Most Serious Financial Crisis Since the Great Depression"
* Link to video, transcripts of video, audio, etc.

How the Wealthiest Americans Enrich Themselves at Government Expense (And Stick You with the Bill)”
* Link to video, transcripts of video, audio, etc.

Subprime Mortgage Crisis Causing African Americans to Experience Greatest Loss of Wealth in Modern U.S. History.
* Link to video, transcripts of video, audio, etc.

Yah, yep... I smell trouble... yep, I smell it.

Been smellin' it for quite a while, but it's getting stinkier and stinkier. Haven't even passed the dead skunk on the highway yet...

ConsideredOpinion came in with a balanced and knowledgeable analysis:
... Secondly - the impact of realignments will be felt unevenly across the economy. The super-rich will, by in large, remain insulated from these changes. The highly-educated (with marketable skills) will remain the most globally competitive, and barring labor movement restrictions should compete evenly against the best anywhere in the world for any currency. If the realignments can be 'dialed in' slowly enough, skilled industrial laborers should do better in the US ... but I don't care to think what this will mean for unions and the ILO. ...
Then Zuzu weighed in, and became the most prominent commenter in that thread. He's something of a monetarist, which is okay; monetarists are good on the consequences of grossly inflating the currency.
it's like nobody has ever been through a recession before... All this fear mongering is getting a little out of control.
I know people love their anecdotal evidence, especially in an economic discussion. But the concern here is pretty straightforward. From about 2001 - current the United States has funded a comprehensive restructuring of domestic government agencies (i.e. Homeland Security) with new and far-reaching "anti-terrorism" programs (e.g. Federal subsidy of enlarged state and local police, USVISIT, etc.), funded an invasion and ongoing active occupation of Iraq (at a cost of about $1 billion per month), while at the same time cutting taxes, and in September 2007 Congress raised the debt ceiling $9.815 trillion. The U.S. Government went from an ostensibly balanced budget in 1999, to a mind-boggling increase in spending, while at the same time collecting less revenue (i.e. taxes). How do they afford it? They increase the supply of money and credit through the Federal Reserve. This is a stealth tax. By debasing the fiat currency of the dollar, they spend the new dollars on the military-industrial complex to "keep us safe"*, which dilutes the value of the dollars we save in our bank accounts (or that we negotiated with our employers to earn in our paychecks), but all of the other goods and services are still just as scarce, so more dollars are needed for the same value to exchange for them, which is inflation.

(*Recently "keep us safe" has been extended to including bailing out financiers such as Bear Stearns and soon Lehman Brothers.)

The "Three Trillion Dollar War" or whatever you want to call it was all paid with inflation, which explains why the price of gold went over $1000/oz, why oil and food prices are up, but people are still generally acting as if dollars are worth what they used to be worth before the new money was created. (Arguably his is also why the Federal Reserve ceased publishing M3 data in March of 2006, and why the Department of Labor and Statistics has redefined the Consumer Price Index (CPI) to exclude energy (i.e. oil) and agriculture from its "basket of goods" estimation of dollar purchasing power.)

The economic crisis the United States can no longer ignore is the unwinding of this inflation. However, economists who speak on television or for politicians will tie themselves in knots and circular logic to avoid ever saying the word "inflation" -- it's like a taboo. So first they pitched this problem as a "sub-prime mortgage crisis", until now the problem is obviously not contained to just that market sector. Recently I've heard people start saying "contagion" like when the Asian Tigers melted down from their inflationary bubble in the 1990s.

But the crisis is simply that the Bush-Cheney administration has spent more money than God by borrowing and printing it (i.e. creating inflation), which in the central banking system of fractional reserve multiplies several times over into even more inflation. This creates an enormous market bubble -- that so-called "economic recovery" Bush has claimed in his speeches of yore. So this bubble didn't even feel like a bubble so much because the "improvement" was marginal over the pre-existing recession from the previous dot-com bubble and housing "foam" created by Alan Greenspan. But soon all of that inflation is about to collapse.

Think of inflation like those Warner Bros. cartoons where Wile E. Coyte runs off the edge of a cliff, and he can keep running and running on the air as long as he doesn't look down and realize that there's no more dirt beneath him. But eventually he looks down and plummets until he hits real dirt. That's what a correction for inflation is like.

And we've had this inflation/recession building up for approximately a decade now. It could take at least that long to get back out of it. So I would not chalk this up to "fear mongering". Fear mongering of the phantom menace called "terrorism" is what got us into this hole.

I'm reminded of an episode of Duckman (1994):

Once again, the U.S. is spending millions to oust a puppet they spent millions to get into office. They'll spend more millions on the coverup to hide having spent those millions and even more millions to discredit members of the media who report otherwise. It's a good thing they print their own money.
Other major comments by Zuzu:
* Inflation vs. deflation.

* Inflation, deflation, and the government's manipulation of the currency.

* A long, interesting quote on People & Power, rigged markets, the Plunge Protection Team, central planning, and the command monetary system (as opposed to planned economy).

Partway through that sequence, Fran Six popped in with a link to a set of charts she's constructed:
* A long-term chart depicting a deflationary boom since the Nasdaq crash in 2000 with its incipient manias in prices.

* The $US gold price divided by the $C with an overlay of a junior precious metal stock.

* The inverse of the gold/silver ratio.

* A very large chart depicting the silver/gold ratio with the added Wilder's ADX. Note the extreme position of the ADX indicator.

* A picture of insider buying for GBN.V in the last year.

* Oil price projection using fibonacci overlay.

* Dow Jones Industrial Crash, Oct. 1987.

* Nasdaq Crash, Apr. 2000.

There's one brief additional comment from Fran Six. She should feel encouraged to come back and explain more about those charts.

Near the end of the discussion's current endpoint, Spinobobot entered the conversation with a couple of comments (first, second) I'd quote at greater length, if this entry weren't already too long. He's in favor of welcoming our new robot overlords. Mostly, he talks about things monetarism doesn't:

In seriousness, I simply don't understand why some people trust "the market" to solve all of our problems. This quote particularly got me:
"You can't expect bureaucrats to know better than the market itself."
This market fundamentalism in which any economic woes are blamed on attempts to regulate and interfere with the economy is as unfalsifiable a position as the that of Marxists who maintained that the Soviet Union and other Communist nations weren't really Communist, because a true Communist nation would be successful. As though we didn't already see the fallout of total laissez-faire in the 19th Century.

I take your point about the problems of bureaucracy and I definitely think that market processes which are response to things like supply and demand have their benefits. I don't want to see the elimination of markets by any means.

But we need to put constraints on markets, establish certain kinds of incentives that exercise a general direction for how things will go. What I really don't like about unchecked markets is the way that they destroy common goods. Self-interest is not the only viable human motive.

The conversation's not over.

Link


Source: Boing Boing | 24 Mar 2008 | 5:52 am

A New Tool From Google Worries Brand-Name Sites

Google has quietly introduced a new feature, called search-within-search, that is alarming some big-name Web publishers and retailers. They worry that users will be siphoned away through ad sales to competitors. What Google is doing is offering a secondary search option if the user initially searches explicitly for one of the brand-name destinations that Google has identified, such as "Best Buy." This secondary search lets users refine their query entirely within the pages of the desired site — but using Google's search, not the site's, and showing Google ads on the result pages, quite possibly ads from competitors. "Analysts generally praise the feature as helping users save steps, but for Web publishers and retailers, there are trade-offs... 'Google is showing a level of aggressiveness with this that's just not needed,' said [one Internet consultant]... Take, for instance, a [test where] users of Google searched The Washington Post and were given a secondary search box. Those who typed 'jobs' into that second box saw related results for The Post's employment pages, but the results were bordered by ads for competing employment sites like CareerBuilder or Monster.com. So even though users began the process by stating their intention to reach The Post, Google's ads steered at least some of them to competitors. Similar situations arose when users relied on Google to search nytimes.com."

Read more of this story at Slashdot.


Source: Slashdot | 24 Mar 2008 | 5:31 am

Verizon's FiOS takes Manhattan

Verizon's fiber-optic service, so far mainly available to suburbanites, is making a big push into Manhattan with a deal to connect an 11,232-unit apartment complex.
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 4:08 am

Quanta, ooVoo to take on HD conferencing

Will the HDTV set be the new picturephone? Quanta Computer Inc., a leading contract maker of laptop computers, and OoVoo, a maker of video chat software, are announcing plans Monday to take high-definition...
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 4:04 am

Games Without Frontiers: Frag With a Friend for Ultimate Fun

What gives some smart videogames a killer edge? They're built to encourage the kind of social meatspace play that boosts their entertainment value. Commentary by Clive Thompson.


Source: Wired: Top Stories | 24 Mar 2008 | 4:00 am

Top 10 Wired Reader Self-Portraits, Decided by You

We challenged our readers to give us their best self-portraits and vote on which ones they liked best. Here are the results.


Source: Wired: Top Stories | 24 Mar 2008 | 4:00 am

Editor's Picks for the Wired.com Self-Portrait Contest

These diamonds in the rough got lost in the shuffle of our self-portrait contest, so we're bringing them back from the dead for your enjoyment.


Source: Wired: Top Stories | 24 Mar 2008 | 4:00 am

David Challinor, Conservationist, Dies at 87

David Challinor, a conservationist who combined his career as a top scientific administrator at the Smithsonian Institution with an equally intense pursuit of excellence as a champion oarsman, rowing competitively...
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 3:36 am

Beer-Drinking Scientist Debunks Productivity Correlation

austinpoet writes in with a blog post debunking the theory we discussed a few days back that scientists' beer consumption is linearly correlated with the quality of their work. Chris Mack, Gentleman Scientist and beer drinker, has analyzed the paper and found it is severely flawed. From his analysis: "The discovered linear relationship between beer consumption and scientific output had a correlation coefficient (R-squared) of only about 0.5 — not very high by my standards, though I suspect many biologists would be happy to get one that high in their work... Thus, the entire study came down to only one conclusion: the five worst ornithologists in the Czech Republic drank a lot of beer."

Read more of this story at Slashdot.


Source: Slashdot | 24 Mar 2008 | 2:02 am

Show Us Your Best Night Photo

This week's reader photo challenge: submit your best night photograph, and vote on one another's submissions.


Source: Wired: Top Stories | 24 Mar 2008 | 1:00 am

March 24, 1976: Ford Orders Swine-Flu Shots for All

A soldier's death from a new strain of influenza evokes memories of the murderous 1918 plague and triggers a national inoculation program.


Source: Wired: Top Stories | 24 Mar 2008 | 1:00 am

For a Prize Bull, Next Big Test Is in the Genetics Lab

GUADALX DE LA SIERRA, Spain He is a mean, magnificent beast. And during his 16-year life, Alcalde has sired scores of bulls that have proved awesome opponents for some of Spains most celebrated bullfighters...
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 12:36 am

New DNA technology to identify Argentina's disappeared

Relatives urged to provide blood samples for a nationwide DNA database in attempt to identify skeletons from unmarked graves
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 12:04 am

US internet service pulls plug on Dutch politician's anti-Qur'an film

Site hosting Geert Wilders' not-yet-released film suspended following demonstrations and 'a number of complaints'
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 12:04 am

Therapeutic cloning offers hope of treatment for Parkinson's

Scientists show that stem cells produced by therapeutic cloning are effective for treating Parkinson's in mice
Source: Infocious RSS raw feed - channel BNPaperTech | 24 Mar 2008 | 12:03 am

IT Workers Split For McCain, Obama

antipeon alerts us to a presidential preference survey, done in late February and early March, indicating that Obama and McCain lead among IT workers with 29% each. Clinton follows with 13%, just ahead of Huckabee (11%) and Ron Paul (9%). The Computing Technology Industry Association commissioned the poll, and the article notes that this trade group claims the population of IT workers is four times as large as the Bureau of Labor Statistics thinks it is — the better to make a voting block whose views must be attended to.

Read more of this story at Slashdot.


Source: Slashdot | 23 Mar 2008 | 11:49 pm

Does IE8 Really Pass Acid2? [Updated]

thevirtualcat found some inconsistencies in IE8's Acid2 results that made him wonder what's going on. Can anyone replicate these results or, better yet, explain them? Update: 03/22 23:54 GMT by KD : Several readers pointed out this has to do with cross-site scripting prevention, as described here.

Read more of this story at Slashdot.


Source: Slashdot | 23 Mar 2008 | 10:31 pm

Network Solutions Suspends Site of Anti-Islam Film

h4rm0ny notes the furor over an anti-Islamic movie due to be released on the Web in the next week. After Pakistan disrupted YouTube worldwide over an interview with right-wing Dutch MP and filmmaker Geert Wilders, Network Solutions, acting as host as well as registrar, has suspended Wilders's site promoting the 15-minute film "Fitna" (a Koranic term translated as "strife"). The site now displays a notice that it is under investigation for possible violations of NetSol's acceptable use policy. According to the article the company's guidelines include "a sweeping prohibition against 'objectionable material of any kind or nature.'" The article describes the site's content before NetSol pulled the plug as a single page with the film's title, an image of the Koran, and the words "Coming Soon." No one but Wilders has seen the film to date. The Dutch government has distanced itself from the film, fearing Muslim backlash. A million Muslims live in The Netherlands. Wilders's party, which controls 9 of 150 seats in the Dutch parliament, was elected on an anti-immigration platform.

Read more of this story at Slashdot.


Source: Slashdot | 23 Mar 2008 | 9:11 pm

University of Penn. Recommends Against Vista SP1

At least one university liberal enough to accept the deeply flawed and mostly rejected Vista OS is recommending faculty and students stay away from SP1. "University of Pennsylvania tech staffers are advising faculty and students not to upgrade their computers to the new service pack for Microsoft's Windows Vista operating system. The school's Information Systems & Computing department said it will support Vista SP1 on new systems where it's pre-installed, but added that it 'strongly recommends that all other users adopt a "wait and see" attitude,' according to a newly published department bulletin." And CIO magazine doesn't quite go so far as to call on Microsoft to throw away Vista, but it does ask its readers to weigh in on that topic.

Read more of this story at Slashdot.


Source: Slashdot | 23 Mar 2008 | 7:49 pm

Calculating the Date of Easter

The God Plays Dice blog has an entertaining post on how the date of Easter is calculated. Wikipedia has all the messy details of course, but the blog makes a good introduction to the topic. "Easter is the date of the first Sunday after the first full moon on or after March 21... [T]he cycle of Easter dates repeat themselves every 5,700,000 years. The cycle of epacts (which encode the date of the full moon) in the Julian calendar repeat every nineteen years. There are two corrections made to the epact, each of which depend[s] only on the century; one repeats (modulo 30, which is what matters) every 120 centuries, the other every 375 centuries, so the [p]air of them repeat every 300,000 years. The days of the week are on a 400-year cycle, which doesn't matter because that's a factor of 300,000. So the Easter cycle has length the least common multiple of 19 and 300,000, which is 5,700,000 [years]."

Read more of this story at Slashdot.


Source: Slashdot | 23 Mar 2008 | 6:31 pm

Scientists Find Giant Marine Species in Antarctic

Scientists on a 2,000-mile journey through the Ross Sea in New Zealand's Antarctic waters are surprised by the giant size of some species, including jellyfish with 12-foot tentacles and 2-foot-wide starfish.


Source: Wired: Top Stories | 23 Mar 2008 | 3:00 pm

Astronauts Have Day of Rest After Last Spacewalk

After completing their fifth and final spacewalk on Saturday, Endeavour's crew takes some well-deserved time off on Sunday before starting the journey home. Astronauts Michael Foreman and Robert Behnken attached a 50-foot inspection pole to the international space station and completed other chores during their six-hour spacewalk on Saturday.


Source: Wired: Top Stories | 23 Mar 2008 | 2:30 pm
Disclaimer | About

World : News Archives | Business | Entertainment | Sports | Technology | Science | Marketplace Audio
India : News | Business | Entertainment | Sports | Telugu |
Blogs : Humor pages | Norkay's Blog | Kids Stories | Indian Recipes | Database Tech Blog
Sundries : World Video Clips | Songs Clips | Indian Video Clips |