Five Stonking Crashes
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- Daily Links
- Forget Prism: NSA Tapped Straight into Internet Pipeline
Interviews with more than a dozen current and former government and technology officials and outside experts show that, while Prism has attracted the recent attention, the program actually is a relatively small part of a much more expansive and intrusive eavesdropping effort. - Simple theory may explain mysterious dark matter
Theoretical physicists at Vanderbilt University contend that a simply theory may explain mysterious dark matter. They propose that most of the matter in the universe may be constructed of particles that have an abnormal, donut-shaped electromagnetic field known as an anapole. According to a news release from Vanderbilt University, Professor Robert Scherrer and post-doctoral fellow Chiu Man Ho carried out an in-depth analysis to determine the validity of this theory. Scherrer points out that he likes this theory because of “its simplicity, uniqueness and the fact that it can be tested.” - GM crops: UK environment secretary to push for relaxation of EU rules
Believe it or not: the National Farmers' Union director of policy even claims that GMO crops are a solution for the effects of climate change. - Neoliberalism has spawned a financial elite who hold governments to ransom
That's what the financial crisis was all about. The ransom was paid, and as a result, governments have been obliged to limit their activities yet further – some setting about the task with greater relish than others. Now the task, supposedly, is to get the free market up and running again. But the basic problem is this: it costs a lot of money to cultivate a market – a group of consumers – and the more sophisticated the market is, the more expensive it is to cultivate them. A developed market needs to be populated with educated, healthy, cultured, law-abiding and financially secure people – people who expect to be well paid themselves, having been brought up believing in material aspiration, as consumers need to be. So why, exactly, given the huge amount of investment needed to create such a market, should access to it then be "free"? - When the bond bubble finally bursts, a lot of investors will get hurt
If and when the euro crisis flares up again – and I am pretty sure that it will – you will see a flurry of funds pouring into gilts “for safety”. Yet, looked at over the medium term, gilts are just about the most unsafe asset around. They may well be OK for a while yet, but when the bond bubble bursts, a lot of people are going to get hurt.
- Forget Prism: NSA Tapped Straight into Internet Pipeline






















