Another oil rig explodes in the Gulf of Mexico

WWLTV New Orleans

Hard-nosed Fed sends global markets reeling

Revolution Not

More ominously, some Fed officials fear the central bank is already “pushing on a string” and does not have the means to revive the economy. Whether or not they are right, this comes as a psychological shock for investors schooled by the “Greenspan Put’ into thinking that there is a deus ex machina in the wings.

What goes up must go down… especially in a world being depleted of resources faster than ever.

Goldman Sachs said the yen was now overvalued by 20pc, or two “standard deviations” out of kilter

This is the most interesting aspect of this article. This implies that Goldman’s algorithms for calculating prices aren’t working any more. This has several very important meanings.

• The High Frequency Trading Algorithms used by the banks aren’t or can’t take into account macro economic trends.
• Their algorithms are much less effective at controlling the market now.
• Most importantly, the markets have broken out of long and old trading patterns.

Add in that their algorithms have known bugs or purposeful defects, as was demonstrated by the Flash Crash, and this is a recipe for disaster. Now, anything could happen.

Here is a good example of the problem:Demonstrating An HFT Algo Gone Apeshit

Well, today we just experienced another mini flash crash, after some algo went apeshit and decided to hit every bid on the way down, all the way to 0.0001 (gotta love that sub penny quoting just above zero). Below we show how this algorithm pushed the stock price of Core Molding from its normal price of $4.12 all the way down to $0.0001 in the span of one second, after an HFT program went ballistic, and would have kept on hitting the subpenny $0.0001 bid in perpetuity. It must have been swell to be a CMT holder: one second your stock is worth $4.12, the next, it is worth $0.0001 (and no, not $0.0000, how else will the computers game the NBBO in subpenny increments).

Iris scanners to create the LEAST secure city in the world.

NO.

Biometrics R&D firm Global Rainmakers Inc. (GRI) announced today that it is rolling out its iris scanning technology to create what it calls “the most secure city in the world.” In a partnership with Leon — one of the largest cities in Mexico, with a population of more than a million — GRI will fill the city with eye-scanners. That will help law enforcement revolutionize the way we live — not to mention marketers.

Just hold it right there.

As I’ve written about previously, biometric authentication is inherently insecure.  I guarantee you in 15 years this article in “Fast Company” magazine is going to sound sophomoric.  I had boss at an e-commerce job once who read Fast Company.  Biggest ^$$-hole you’d ever want to meet.

If they weren’t trying to sell us on the benefits of a biometric city-wide slave-tracking grid, this would be comical.  It’s all for the human cattle and NOT for the criminals. Criminals will have little difficulty spoofing biometrics (see my previous post, and below). It’s a rather trivial task, when considering the reward to hackers if they can steal your identity (permanently) in a system that relies on biometric authentication.

Mark my words, if they do implement this it will be a disaster.  I have a feeling that many Mexican people are not going to submit to being tracked like farm animals though.

If they tried to implement this in the US, we’d probably have more people here voluntarily participating than in Mexico, since this country full of drugged morons who subject themselves to endless hours of brainwashing every day in front of the TV.

Eventually, they’ll try to force everyone onto it.   It will be nearly impossible to “opt out.”  Even if you wear sunglasses all the time, between the gait (walk) analysis, voice recognition, finding your address, place of business, etc, they’ll be able to piece together who you are.   Automated systems could easily do this by tracking you in public with high-res cameras (constantly scanning your irises) and correlating this with publicly available data.

Just because a biometric system doesn’t know your name currently, doesn’t mean it can’t identify and track you until it does figure out your name later.

More about biometric spoofing: FIDIS. (click thru for pics, emphasis mine)

Experiments with spoofing

The Dutch Forensic Institute has done extensive tests with the various biometric systems. Several fingerprint systems and an iris system have been tested for possibilities of tampering. In most case it appeared to be easy if a person allowed to enrol into the system is cooperating. Some biometric features can also be copied without this person’s awareness and consent (for example fingerprints taken from a glass).

A low cost (Panasonic) iris scanner in our laboratory could easily be faked with a photograph of a person revealing the iris (). Punching a hole in the place of the iris turned out to be sufficient to mimic the light absorption exhibited by a real iris and fool the system into falsely accepting the photo as a real iris. It is claimed that high end scanners do not have this disadvantage: [which is where the contact lens comes in]

Unnatural Selection: Genetically Modified Canola growing wild in North Dakota

Bayer (IG Farben) and Monsanto (/Searle), two of the most evil companies in history, join forces to pollute our gene pool with their profit-motivated genetic tinkering.

Our society desperately needs to move to a techno-agrarian model using local food production and clean energy (solar and wind), domestic manufacturing, responsible mining, and renewable materials, with severely limited imports.  This is getting ridiculous.  It’s death to our environment by a thousand cuts.

For billions of years on this planet, there has not been the means to program genes manually and deliberately.   All mutations to genes have been due to random forces such as radiation or chemical damage.  Now we bring into the equation the psychology of profit combined with the ability to construct new organisms with specific purposes.  This is a quantum leap forward in terms of evolution.  In a sense it bypasses evolution since natural selection is not imposed on these new organisms.

It’s artifical,  unnatural selection, imposed by some sick, sick people.  We’re talking about the same companies that created Agent Orange defoliant (Monsanto) that caused horriffic birth defects, and Zyklon B Gas (IG Farben) used to kill concentration camp inmates in Germany during WW2.  Do we really trust them to be engaging in this sort of reckless activity that will surely have unforeseen consequences?  The biggest class action law suit you can imagine wouldn’t begin to recoup the cost of permanently removing GM plants and animals that have escaped into the wild.   There is no amount of money that can fix these problems.

From GM crop escapes into the American wild (Nature)

“The extent of the escape is unprecedented,” says Cynthia Sagers, an ecologist at the University of Arkansas in Fayetteville, who led the research team that found the canola (Brassica napus, also known as rapeseed).

Sagers and her team found two varieties of transgenic canola in the wild — one modified to be resistant to Monsanto’s Roundup herbicide (glyphosate), and one resistant to Bayer Crop Science’s Liberty herbicide (gluphosinate). They also found some plants that were resistant to both herbicides, showing that the different GM plants had bred to produce a plant with a new trait that did not exist anywhere else.

Let Them Eat Cake

Paul Craig Roberts
Prisonplanet.com
August 2, 2010

It is not unusual for members of the diminishing upper middle class to drop $20,000 or $30,000 on a big wedding. But for celebrities this large sum wouldn’t cover the wedding dress or the flowers.

When country music star Keith Urban married actress Nicole Kidman in 2006, their wedding cost $250,000. This large sum hardly counts as a celebrity wedding. When mega-millionaire real estate mogul Donald Trump married model Melania Knauss, the wedding bill was $1,000,000.

The marriages of Madonna and film director Guy Ritchie, Tiger Woods and Elin Nordegren, and Michael Douglas and Catherine Zeta-Jones pushed up the cost of celebrity marriages to $1.5 million.

Tom Cruise and Katie Holmes upped the ante to $2,000,000.

Now comes the politicians’s daughter as celebrity. According to news reports, Chelsea Clinton’s wedding to investment banker Mark Mezvinsky on July 31 is costing papa Bill $3,000,000. According to the London Daily Mail, the total price tag will be about $5,000,000. The additional $2,000,000 apparently is being laid off on US Taxpayers as Secret Service costs for protecting former president Clinton and foreign heads of state, such as the presidents of France and Italy and former British Prime Minister Tony Blair, who are among the 500 invited guests along with Barbara Streisand, Steven Spielberg, Oprah Winfrey, Ted Turner, and Clinton friend and donor Denise Rich, wife of the Clinton-pardoned felon.

Before we attend to the poor political judgment of such an extravagant affair during times of economic distress, let us wonder aloud where a poor boy who became governor of Arkansas and president of the United States got such a fortune that he can blow $3,000,000 on a wedding.

The American people did not take up a collection to reward him for his service to them.
Where did the money come from? Who was he really serving during his eight years in office?

How did Tony Blair and his wife, Cherrie, end up with an annual income of ten million pounds (approximately $15 million dollars) as soon as he left office? Who was Blair really serving?

These are not polite questions, and they are infrequently asked.

While Chelsea’s wedding guests eat a $11,000 wedding cake and admire $250,000 floral displays, Lisa Roberts in Ohio is struggling to raise contributions for her food pantry in order to feed 3,000 local people, whose financial independence was destroyed by investment bankers, job offshoring, and unaffordable wars. The Americans dependent on Lisa Roberts’ food pantry are living out of vans and cars. Those with a house roof still over their heads are packed in as many as 14 per household according to the Chillicothe Gazette in Ohio.

The Chilicothe Gazette reports that Lisa Roberts’ food pantry has “had to cut back to half rations per person in order to have something for everyone who needed it.”

Theresa DePugh stepped up to the challenge and had the starving Ohioans write messages on their food pantry paper plates to President Obama, who has just obtained another $33 billion to squander on a pointless war in Afghanistan that serves no purpose whatsoever except the enrichment of the military/security complex and its shareholders.

The Guardian (UK) reports that according to US government reports, one million American children go to bed hungry, while the Obama regime squanders hundreds of billions of dollars killing women and children in Afghanistan and elsewhere.

The Guardian’s reporting relies on a US government report from the US Department of Agriculture, which concludes that 50 million people in the US–one in six of the population–were unable to afford to buy sufficient food to stay healthy in 2008.

US Department of Agriculture Secretary Tom Vilsack said that he expected the number of hungry Americans to worsen when the survey for 2010 is released.

Today in the American Superpower, one of every six Americans is living on food stamps.
The Great American Superpower, which is wasting trillions of dollars in pursuit of world hegemony, has 22% of its population unemployed and almost 17% of its population dependent on welfare in order to stay alive.

The world has not witnessed such total failure of government since the final days of the Roman Empire. A handful of American oligarchs are becoming mega-billionaires while the rest of the country goes down the drain.

And the American sheeple remain acquiescent.

After 18 hours of moving heavy stuff and just 3 hours of sleep…

… I’m still glad to be coming in to work this morning.

Disassembling my razor-sharp, made-in-China stamped metal shelves makes me appreciate coming in to work here each morning and earning a good salary to write code, instead of doing this for $1/hour:

Blessings to you Chinese workers for making my cheap shelves.

“… we are in process of developing a whole series of techniques which will enable the controlling oligarchy, who have always existed and presumably always will exist, to get people actually to love their servitude.”

- Aldous Huxley, 1962

H.R. 5741 Slave bill now in Committee

Rob Dew
Prison Planet
July 26, 2010

Slavery has a new name: “Mandatory Service”, introduced July 15th 2010 by Charles Rangle.

Democrat Charles Rangel.

H.R. 5741 will give the president the authority “To require all persons in the United States between the ages of 18 and 42 to perform national service, either as a member of the uniformed services or in civilian service in furtherance of the national defense and homeland security, to authorize the induction of persons in the uniformed services during wartime to meet end-strength requirements of the uniformed services, and for other purposes.”

Barely a year after introducing H.R. 1444, which was supposed to form a “Congressional Commission on Civic Service to study methods of improving and promoting volunteerism and national service, and for other purposes”, Congress has upped the ante. Anyone between 18 and 42 will be eligible for a two year commitment of civilian or military service. With more college graduates working for the fast food industry, a depression era unemployment rate and less people retiring; the government will have plenty of eligible able bodies to move into the slave ranks.

This echos the sentiment of President Obama who asked Congress in Febuary 2009 to send him a bipartisan bill in the spirit of national service. His Chief of Staff Rahm Emanuel outlined a similar plan in his book The Plan.

But even Emanuel aims low looking at only 18 to 25 year olds for three months of compulsory service. Under this new legislation nearly all, able bodied Americans will be sentenced to two years of forced labor. The infrastructure is already in place for those unwilling to participate in mandatory service and now the army is looking to fill it’s ranks with Interment/Resettlement Specialists.

There are very few loopholes to opt of out national service, even CONSCIENTIOUS OBJECTORS (SEC. 109) will be forced to choose the mandatory option of A. noncombatant service (as defined by the President) or B. national civilian service. It seems the congressional commission on civic service will no longer be needed thanks to the hard work of a suspected Congressional tax cheat from New York.

The slavery bill is currently in debate in the House Committee on Armed Services chaired by Rep Ike Skelton a democrat from Missouri. Those who oppose mandatory slavery should contact Rep. Skelton. Many bills die in committee and this bill should meet the same fate.

The video BP and Big Oil don’t want you to see

Alien Science Channel – YouTube