October 13, 2008
October 12, 2008
Optimist: "The age of Reaganism is over,"
Per Jeffrey Sachs, special adviser to U.N. Secretary-General Ban Ki-moon and director of the Earth Institute at New York's Columbia University, as reported by Reuters. "'The no-regulation, low-taxes (philosophy) has broken the back of our economy. We now have to get serious about reconstructing normal government that pays its way and a normal financial sector that's properly regulated.'"
I hope to h*ll he's right; but there are a lot of obstacles.
October 11, 2008
World Bank Under CyberSIEGE Since April
World Bank Under Cyber Siege in ‘Unprecedented Crisis'
By Richard Behar.
"The World Bank Group’s computer network — one of the largest repositories of sensitive data about the economies of every nation — has been raided repeatedly by outsiders for more than a year, FOX News has learned.
"It is still not known how much information was stolen. But sources inside the bank confirm that servers in the institution’s highly-restricted treasury unit were deeply penetrated with spy software last April. Invaders also had full access to the rest of the bank’s network for nearly a month in June and July.
"In total, at least six major intrusions — two of them using the same group of IP addresses originating from China — have been detected at the World Bank since the summer of 2007, with the most recent breach occurring just last month.
"In a frantic midnight e-mail to colleagues, the bank’s senior technology manager referred to the situation as an 'unprecedented crisis.' In fact, it may be the worst security breach ever at a global financial institution. And it has left bank officials scrambling to try to understand the nature of the year-long cyber-assault, while also trying to keep the news from leaking to the public."
More at the Media Channel -- and by the way, the Media Channel is fighting to stay alive right now; pls consider donating!
October 10, 2008
If you cd use a little eye candy
. . . compliments of the universe:
"Cat's Eye Hubble Remix
Staring across interstellar space, the alluring Cat's Eye Nebula lies 3,000 light-years from Earth. The Cat's Eye (NGC 6543) represents a brief, yet glorious, phase in the life of a sun-like star. . . . . " (more here).
Watching my retirement portfolio is like
(go to about the 2:40 mark) . . .
. . . only not so sure about the happy ending.




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