Showing posts with label Weird Stuff. Show all posts
Showing posts with label Weird Stuff. Show all posts

Friday, November 21, 2008

Eeyore's News and View

With all the space junk and trash we have left up in space it is a wonder that the space staion has not been struck with some of it.
Astronaut loses tool bag, spacewalk to continue
HOUSTON (AP) — Flight controllers were revamping plans Wednesday for the remaining spacewalks planned during space shuttle Endeavour's visit to the international space station, after a crucial tool bag floated out to space during a repair trip.
The briefcase-sized tool bag drifted away from astronaut Heidemarie Stefanyshyn-Piper on Tuesday as she cleaned and lubed a gummed-up joint on a wing of solar panels on the space station. She and fellow astronaut Stephen Bowen were midway through the first of four spacewalks planned for the mission. The tool bag was one of the largest items ever lost by a spacewalker.
As Stefanyshyn-Piper cleaned up a large gob of grease that seeped from a gun used to lubricate the joint, the tool case somehow became untethered from a larger bag and floated away along with a pair of grease guns, wipes and a putty knife attached to it.
"What it boils down to is all it takes is one small mistake for a tether not to be hooked up quite correctly or to slip off, and that's what happened here," said lead spacewalk officer John Ray.
Stefanyshyn-Piper and Bowen finished the spacewalk in almost seven hours by sharing tools from Bowen's bag. Ray noted that Stefanyshyn-Piper showed "real character and great discipline" by continuing on. She was the first woman to be assigned as lead spacewalker for a shuttle flight.

"Despite my little hiccup, or major hiccup, I think we did a good job out there," Stefanyshyn-Piper said after returning to the space station.
Flight controllers are considering having the two spacewalkers share Bowen's pair of grease guns for the three remaining spacewalks on Thursday, Saturday and Monday. They could also use caulking guns meant for repairing the space shuttle. Another option is to have one spacewalker clean the joint while the other uses the grease gun to lubricate it.
For more than a year, the joint has been unable to automatically point the right-side solar wings toward the sun for maximum energy production.
Officials weren't worried the bag would hit the space station or the docked space shuttle because by late Tuesday it already was 2 1/2 miles (4 kilometers) in front of the orbiting complex, said flight director Ginger Kerrick.
"It is definitely moving away with every orbit," Kerrick said.
Inside the space station, crewmembers were so ahead of schedule in moving equipment delivered by Endeavour that shuttle flight planners were contemplating skipping an extra day at the outpost orbiting 220 miles (355 kilometers) above Earth.
The equipment includes a recycling system that converts urine into water, an extra bathroom, kitchenette, two bedrooms, an exercise machine and refrigerator that will allow space station residents to enjoy cold drinks for the first time. And the extra gear will allow the space station's crew to double to six next year.
The water recycling system was to be hooked up late Wednesday, and the first batch of urine would run through the system later in the week. Samples will be flown back to Earth for safety tests before astronauts use it.

http://www.usatoday.com/tech/science/space/2008-11-18-space-shuttle_N.htm
(If you go to the link they have some neat graphics and video also)

European Stocks Advance; Total, Shell, Alcatel Lead the Gains
By Adam Haigh
Nov. 18 (Bloomberg) -- European
stocks rose as higher oil prices lifted energy producers and better-than-expected earnings from Hewlett-Packard Co. and Home Depot Inc. eased concern the recession will snuff out profits.
Total SA, Europe's third-largest energy producer, and BP Plc climbed more than 4 percent as crude gained. Alcatel-Lucent SA jumped 4.8 percent on Dassault Aviation's 1.56 billion-euro ($2 billion) offer for Alcatel's stake in Thales SA.
The
Dow Jones Stoxx 600 Index added 0.8 percent at 201.91 in London, reversing an earlier decline of as much as 2.2 percent. The gauge has lost 45 percent this year as writedowns and credit losses topped $965 billion in the worst financial crisis since the Great Depression.
U.S. earnings are ``reassuring the market,'' said
Arnaud Scarpaci, a fund manager at Agilis Gestion in Paris, which oversees $152 million. The market ``seems oversold,'' he said.
The Stoxx 600 is valued at 9 times reported earnings of the companies in the index, below the four-year average of 14 times profit. The gauge traded at 7.9 times earnings in Oct. 27, the lowest since at least January 2002.
National benchmark indexes increased in nine of the 18 markets in western Europe. The U.K.'s FTSE 100 rose 1.9 percent, and France's CAC 40 gained 1.1 percent. Germany's DAX added 0.5 percent.
Total climbed 4.6 percent to 40.76 euros. BP, Europe's second-biggest oil producer, added 4.1 percent to 507.5 pence, and Royal Dutch Shell Plc, the largest, gained 3.9 percent to 1,693 pence.
Oil Gains
Crude oil for December delivery rose 75 cents, or 1.4 percent, to $55.70 a barrel in New York.
Alcatel-Lucent jumped 4.8 percent to 1.90 euros. Dassault Aviation offered 1.56 billion euros ($2 billion) for Alcatel- Lucent's 20.8 percent stake in
Thales SA.
Earnings from Hewlett-Packard, the world's biggest maker of personal computers, and Home Depot, the largest home-improvement retailer, signaled they are withstanding the economic slowdown. Banks led declines earlier today as concern the economic slowdown will trigger more losses, while Burberry Group Plc's forecast disappointed investors.
BNP Paribas SA dropped 5.1 percent to 40.81 euros. UBS AG, the Swiss bank that got a $59.2 billion aid package from the state and central bank, lost 3.5 percent to 13.27 francs.
The cost of protecting bank bonds from default rose to the highest in almost a month as prices of mortgage-linked securities tumble.
Burberry
Burberry, the London-based luxury goods company, slid 13 percent to 175 pence after saying pretax earnings may be at the ``mid to lower'' end of analysts' projections in the current fiscal year.
Earnings for the 1,829 companies in western Europe that reported results since Oct. 7 declined 9.9 percent on average, trailing expectations by 6 percent, Bloomberg data show.
Analysts now predict profit will slide 10 percent in 2008, compared with 11 percent growth forecast at the start of the year, the data show.
Carphone Warehouse Group Plc slumped 9.4 percent to 118 pence. Europe's largest mobile-phone retailer said it won't sell the TalkTalk Internet unit as it considers splitting into two listed companies.
ERG SpA, Italy's biggest exporter of oil products, slipped 4.6 percent to 11.26 euros. Morgan Stanley gave it an
``underweight'' recommendation and a price estimate of 10.40 euros on the shares.
Bilfinger Berger AG, Germany's second-largest construction company, led construction shares lower after Goldman Sachs Group Inc. added the stock to its ``conviction sell'' list, citing expectations for lower capital spending in chemicals and oil industries. The shares lost 4.9 percent to 30.61 euros.
Hochtief AG, Germany's biggest construction company, sank 2.8 percent to 27.66 euros.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a6LygoxbIcxc&refer=home

Here are a couple of articles that go along with the pirate post, i did this past Wednesday. The first one is about how as BadTimes set in the crime rate will increase. The story is from Scotland, but it will happen here also. The others are about the Pirate problems.

Inside Home Affairs: Heading for recession – and the crime wave that goes with it

Published Date: 19 November 2008

By Michael Howie

NOW that people increasingly feel they cannot afford that new HD TV or hi-fi, will they be more likely to steal it?

That is the question senior police officers are asking themselves as the economic downturn starts to bite in Scotland.

After several years of declining crime rates, there are some indications the tide may be turning as recession triggers an increase in shoplifting, housebreaking, fraud and other "dishonesty" offences.

Last week, a report from Lothian and Borders Police showed a 9 per cent increase in crimes of dishonesty, year on year, for the three months ending 30 September.

Tom Halpin, the force's acting chief constable, said he was "very alert to the possibility that the current financial climate could have had an effect on the level of crime".

A 9 per cent increase means more than 1,500 more crimes were committed in the force area in one quarter.

Jacqui Smith, the Home Secretary, recently warned violent crime could grow by nearly a fifth – a prediction based on what happened during the 1991-2 recession.

The Home Office has singled out attacks on immigrants, who may be blamed for "stealing jobs", as a particular concern.

It appears, however, that a credit-crunch crime wave has yet to hit us.

The Scotsman has learned that, since April, crimes of dishonesty have fallen in at least four of Scotland's eight police force areas – Grampian, Fife, Central Scotland and Dumfries and Galloway.

However, most experts are in agreement: crime rates will increase as the recession deepens.

And one leading academic told me: "We are likely to see rates of imprisonment rise as unemployment rises.

"Courts tend to favour custodial sentences because unemployment people will have more free time and therefore be more inclined to commit further offences."

A rise in white-collar crime is also predicted, as tens of thousands of middle-class workers face redundancy.

The picture appears to be bleak indeed.

http://news.scotsman.com/scotland/Heading-for-recession--and.4706853.jp

Off Africa's coast, pirates 'out of control'

By Tom Vanden Brook, Jim Michaels and Peter Eisler, USA TODAY

They come out of the darkness in the waters off the coast of East Africa, zooming up in speedboats to the sides of massive cargo ships, armed with grappling hooks, AK-47s and rocket-propelled grenades.

Quickly, these modern-day pirates climb aboard their prey: cargo ships that contain food, machine parts and, most recently, oil or enough weaponry to supply a small army. Most of the time they meet no opposition — only frightened, unarmed crews who find themselves prisoners and held for ransoms that have exceeded $1 million.

Based in Somalia, these pirates are only a little like the images of the daring, swashbuckling thieves who have gallivanted through Hollywood movies or adventure stories that have been passed on for generations.

These pirates typically use the Global Positioning System to coordinate attacks along major shipping corridors in the Indian Ocean and Gulf of Aden. A report last month by Chatham House, a British think tank, said that once aboard, Somali pirates typically are focused on demanding a ransom from the ship's operators and chewing khat, a narcotic leaf that is a stimulant, that they bring with them.

| Sirius Star

Piracy off Somalia's coast has long been a symbol of that African nation's instability. Now attacks on shipping are soaring and becoming more brazen, heightening concerns about the safety of shipping from oil-rich areas in Africa and the Middle East at a time of global economic instability.

The potential for Somali renegades to send tremors through the world's economy was clear Saturday, when pirates captured their biggest prize to date: the Sirius Star, a Saudi supertanker brimming with 2 million barrels of oil (estimated value: $100 million).

The Times of London reported Wednesday the Saudi government had confirmed that the ship's owner — Vela International Marine — was negotiating a possible ransom with pirates who boarded the oil tanker more than 450 nautical miles from the Kenyan port of Mombasa.

The pirates' raid of the Sirius Star — and hijackings Tuesday in the Gulf of Aden of a Thai ship with 16 crewmembers and an Iranian cargo vessel with a crew of 25 — are signs that attacks by loosely organized bands of Somali pirates are "a criminal enterprise which has gone completely out of control," says Capt. Pottengal Mukundan, director of the International Maritime Bureau, which tracks piracy.

U.S. and British analysts say the series of raids underscore worries that terrorists could dive into the same lawless seas off East Africa, capture booty to finance their operations or mount a spectacular attack with a seized ship.

"There is serious concern that terrorists see piracy as an opportunity for themselves," says Roger Middleton, an expert on piracy at Chatham House. "It can provide the means to generate enormous amounts of money, or to capture a boat with the more disturbing prospect of a huge oil tanker as a floating bomb."

In March, the Pentagon confirmed that U.S. forces attacked a suspected al-Qaeda terrorist in Somalia.

Pirates already are driving up the cost of shipping and insurance. Some shipping lines have begun avoiding the shipping corridors near Somalia and their shortcut to the West through the Red Sea and Suez Canal, which can add between five and 10 days to a trip from Asia to Europe, says David Ellis, president of Odfjell USA, a Norwegian-owned shipping company. Each extra day at sea, he says, costs about $30,000.

Environmental catastrophe looms if a supertanker is punctured during an attack or purposely sunk, Middleton says.

The Bush administration is trying to coordinate efforts to stop the pirates, although military officials say they can't stop all pirates because there are too many ships in a huge area to protect.

"We're working with other members of the Security Council right now to see if there are actions that we can do to more effectively fight against piracy and prevent it," White House spokeswoman Dana Perino said Wednesday.

Meantime, the pirates continue to operate with near impunity across broad swaths of the Indian Ocean. They often anchor their seized boats near the ungoverned Somali coast and wait for the ships' owners to pay increasingly lucrative ransoms.

This year, pirates have attacked at least 95 ships near Somalia, including 38 hijackings, Mukundan says. More than 740 crewmembers have been taken hostage. There has been one fatality, Middleton says, adding that he fears hijackings could become increasingly violent.

Last year saw fewer than 25 attacks. As recently as 2004, pirates made just five raids. During the last week alone, pirates attacked 11 ships off Somalia and in the Gulf of Aden.

The pirates' targets usually are slow-moving cargo ships that can't match the mobility of the pirates' small, swift 15-foot skiffs powered by outboard engines. The pirates zip around the larger ships, locate a low deck and climb aboard with rope ladders. The shipping vessels' small crews — the huge supertanker had just 25 aboard — often are armed lightly, if at all, and are easily subdued by pirates with automatic weapons.

"Clearly, they are tactically proficient at what they do," says Cmdr. Jane Campbell, spokeswoman for the U.S. Navy's 5th Fleet in Bahrain, which patrols the region.

At first, the pirates worked in the waters close to shore. Now, they're ranging into open waters, expanding their range with so-called mother ships. These vessels, often fishing trawlers, can hold several skiffs and travel hundreds of miles offshore to menace shipping lanes.

For now, money appears to be the primary motive for piracy, Middleton says. A few years ago, ransoms in the tens of thousands of dollars were common. Last year, pirates gathered ransoms of a few hundred thousand dollars. In 2008, they have been topping $1 million. Ransom payments could total $30 million this year, Middleton says.

In one case, Middleton wrote, the ransom was paid in cash delivered by boat to the pirates on the captured ship. After splitting the cash, the pirates slipped away at night and evaded capture.

When coalition warships board pirate ships, they dispose of the weapons, but have to let the suspects go, Vice Adm. Bill Gortney, commander of the 5th Fleet, told USA TODAY on Wednesday. "That is the single biggest shortfall that we have. We could have a huge effect if we could solve that problem."

Fighting back

The challenge of protecting more than 16,000 ships that move through the region is enormous. Ships from the 5th Fleet, NATO, Russia and other countries cruise the waters. But the pirates' hunting grounds are vast: more than 1 million square miles. That's an area roughly four times the size of Texas or the Red and Mediterranean seas combined.

"We can't be everywhere," Gortney says. "They can be fishermen and 10 minutes later they're on the vessel," he says. "Once they're onboard the vessel, we have a hostage situation."

In recent months, there has been some success in fending off pirates. Last month, pirates captured 31% of the ships they attacked compared with 53% in August, according to the 5th Fleet.

On Tuesday, for example, the Indian Navy encountered a suspected pirate mother ship in the Gulf of Aden towing two speedboats, an Indian government statement said. The suspected pirates, seen brandishing rocket-propelled grenade launchers, fired at the Indian ship.

The INS Tabar returned fire and sank the ship. The suspected pirates fled on the speedboats.

The International Maritime Organization has urged its members to use a recommended corridor in the sea that is patrolled by the U.S. Navy, NATO and ships from other countries.

An average of 15 military vessels operate in the Maritime Security Protection Area, which was established Aug. 22 to protect commercial ships in the Gulf of Aden. Participating nations include the United States, Denmark, France, Greece, India, Italy, Malaysia, Netherlands, Russia, Saudi Arabia, Turkey, and the United Kingdom, according to Royal Navy Cdr. Stephen Chaston, a NATO spokesman.

Another challenge: Ship operators often are reluctant to carry firearms on board, says Nick Knittel, vice president of Miami-based McRoberts Maritime Security. Weapons create bureaucratic problems, because shipmasters often must declare any firearms when entering a port, and the weapons typically are impounded by that country's authorities until the ship departs, he says.

Having weapons on board could make a situation more dangerous, says Knittel, a former Army captain with the 101st Airborne Division. Crewmembers could be wounded in a firefight, Knittel says, and pirates could capture the weapons and use them against the crew.

Many large cargo ships now feature satellite tracking devices that allow companies to monitor for any changes in course or speed — and contact authorities if there are signs of a pirate attack. Crews sometimes are trained to use fire hoses to fend off pirates, and many large cargo ships sailing high-risk routes light their decks with floodlights at night and assign crewmembers to watch for attackers.

Shipping companies also can hire armed guards to ride on ships, but in many cases "it's very expensive to have armed private security, like hiring over-the-seas mercenaries," Knittel says.

Even so, the surge in pirate attacks is prompting shipping companies to consider new ways to protect their crews and cargo.

Blackwater Worldwide, the private security firm that protected U.S. diplomats in Iraq, has offered its services and 183-foot ship, the McArthur, to any nation that wants to pay to protect its cargo. It's not clear what security measures had been taken on the Sirius Star.

Having security teams aboard cargo ships may help deter attacks, Gortney says. "Companies don't think twice about using security guards to protect their valuable facilities onshore. Protecting valuable ships and their crews at sea is no different."

Fixing Somalia

The ultimate solution to piracy: creating a stable government in Somalia, which is nominally under the control of a faction backed by neighboring Ethiopia. That, says Mukundan of the International Maritime Bureau, "could take decades."

Since the ouster of longtime dictator Mohamed Siad Barre in 1991, Somalia has been under the influence of various ethnic and religious factions. U.S. troops landed there in 1992 to help restore order; in October 1993, a battle between Army Rangers and insurgents left 18 soldiers and hundreds of Somalis dead. That battle inspired the book and movie Black Hawk Down.

The United States backed the ouster of the government led by the fundamentalist Islamic Courts Union in 2006.

It's a "stateless society," says Stephen Morrison, an Africa expert at the Center for Strategic and International Studies in Washington. "Until you get some semblance of order and governance within Somalia, you're going to see these kinds of developments — piracy, the insertion of radical Islamist movements … and you're going to see humanitarian catastrophe."

http://www.usatoday.com/news/world/2008-11-19-pirates_N.htm

Russia sends in the navy to fight pirates Reuters | Friday, 21 November 2008 Russia will keep a warship off the coast of East Africa to patrol against Somali pirates.
This month one of its destroyers, the Neustrashimy (Fearless), scared off pirates trying to capture ships in the Gulf of Aden.
"After the Neustrashimy, ships from other fleets of the Russian navy will head to the region," Admiral Vladimir Vysotsky told the RIA Novosti news agency. Military forces across the world are trying to protect cargo ships using the sea corridor around the Horn of Africa linking Europe and Asia – one of the busiest trade routes in the world. On Saturday, pirates captured a Saudi Arabian tanker carrying a cargo of oil valued at around US$100 million.
The aging Russian navy wants to improve its image after a series of deadly accidents.
This month 20 people died on a Russian submarine when fire extinguishing equipment went off, releasing a toxic gas which asphyxiated them.
It was the worst Russian naval accident since an explosion on a submarine killed 118 sailors in 2000.

http://www.stuff.co.nz/sundaystartimes/4767721a6443.html


Depression 2009: What would it look like?
Lines at the ER, a television boom, emptying suburbs. A catastrophic economic downturn would feel nothing like the last one.
(Greg Klee/Globe Staff Illustration)
By Drake Bennett
November 16, 2008
OVER THE PAST few months, Americans have been hearing the word "depression" with unfamiliar and alarming regularity. The financial crisis tearing through Wall Street is routinely described as the worst since the Great Depression, and the recession into which we are sinking looks deep enough, financial commentators warn, that a few poor policy decisions could put us in a depression of our own.

It's a frightening possibility, but also in many ways an abstraction. The country has gone so long without a depression that it's hard to know what it would be like to live through one.
Most of us, of course, think we know what a depression looks like. Open a history book and the images will be familiar: mobs at banks and lines at soup kitchens, stockbrokers in suits selling apples on the street, families piled with all their belongings into jalopies. Families scrimp on coffee and flour and sugar, rinsing off tinfoil to reuse it and re-mending their pants and dresses. A desperate government mobilizes legions of the unemployed to build bridges and airports, to blaze trails in national forests, to put on traveling plays and paint social-realist murals.
Today, however, whatever a depression would look like, that's not it. We are separated from the 1930s by decades of profound economic, technological, and political change, and a modern landscape of scarcity would reflect that.
What, then, would we see instead? And how would we even know a depression had started? It's not a topic that professional observers of the economy study much. And there's no single answer, because there's no one way a depression might unfold. But it's nonetheless an important question to consider - there's no way to make informed decisions about the present without understanding, in some detail, the worst-case scenario about the future.
By looking at what we know about how society and commerce would slow down, and how people respond, it's possible to envision what we might face. Unlike the 1930s, when food and clothing were far more expensive, today we spend much of our money on healthcare, child care, and education, and we'd see uncomfortable changes in those parts of our lives. The lines wouldn't be outside soup kitchens but at emergency rooms, and rather than itinerant farmers we could see waves of laid-off office workers leaving homes to foreclosure and heading for areas of the country where there's more work - or just a relative with a free room over the garage. Already hollowed-out manufacturing cities could be all but deserted, and suburban neighborhoods left checkerboarded, with abandoned houses next to overcrowded ones.
And above all, a depression circa 2009 might be a less visible and more isolating experience. With the diminishing price of televisions and the proliferation of channels, it's getting easier and easier to kill time alone, and free time is one thing a 21st-century depression would create in abundance. Instead of dusty farm families, the icon of a modern-day depression might be something as subtle as the flickering glow of millions of televisions glimpsed through living room windows, as the nation's unemployed sit at home filling their days with the cheapest form of distraction available.

The odds are, most economists say, we will yet avoid a full-blown depression - the world's policy makers, they argue, have learned enough not to repeat the mistakes of the 1930s. Still, in a country that has known little but economic growth for 50 years, it matters to think about what life would look like without it.

There is, in fact, no agreed-upon definition of what a depression is. Economists are unanimous that the Great Depression was the worst economic downturn the industrial world has ever seen, and that we haven't had a depression since, but beyond that there is not a consensus. Recessions have an official definition from the National Bureau of Economic Research, but the bureau pointedly declines to define a depression.
What sets a depression apart, most economists would agree, are duration and the scale of joblessness. To be worthy of the name, a depression needs to be more than a few years long - far longer than the eight-month average of our recent recessions - and it needs to put a lot of people out of work. The Great Depression lasted a decade by some measures, and at its worst, one in four American workers was out of a job. (By comparison, unemployment now is at a 14-year high of 6.5 percent.)
In a modern depression, the swelling ranks of the unemployed would likely change the landscape of the country, uprooting people who would rather stay where they are and trapping people who want to move. In the 1930s, this took the visible form of waves of displaced tenant farmers washing into California, but it also had another, subtler effect: it froze the movement of the middle class. The suburbanization that was to define the post-World-War-II years had in fact started in the 1920s, only to be brought sharply to a halt when the economy collapsed.
Today, a depression could reverse that process altogether. In a deep and sustained downturn, home prices would likely sink further and not rise, dimming the appeal of homeownership, a large part of suburbia's draw. Renting an apartment - perhaps in a city, where commuting costs are lower - might be more tempting. And although city crime might increase, the sense of safety that attracted city-dwellers to the suburbs might suffer, too, in a downturn. Many suburban areas have already seen upticks in crime in recent years, which would only get worse as tax-poor towns spent less money on policing and public services.
"You could have a sort of desurburbanization phenomenon," suggests Michael Bernstein, a historian of the Depression and the provost of Tulane University.
The migrations kicked off by a depression wouldn't be in one direction, but a tangle of demographic crosscurrents: young families moving back to their hometowns to live with the grandparents when they can no longer afford to live on their own, parents moving in with their adult children when their postretirement fixed incomes can no longer support them. Some parts of the country, especially the Rust Belt, could see a wholesale depopulation as the last remnants of the American heavy-manufacturing base die out.

"There will be some cities like Detroit that in a real depression could just become ghost towns," says Jeffrey Frankel, a Harvard economist and member of the National Bureau of Economic Research committee that declares recessions. (Frankel does not, he emphasizes, think we are headed for a depression.)
At the household level, the look of want is different today than during the last prolonged downturn. The government helps the unemployed and the poor with programs that didn't exist when the Great Depression hit - unemployment insurance, Medicaid, food stamps, Social Security for seniors. Beyond that, two of the basics of existence - food and clothing - are a lot cheaper today, thanks to industrial agriculture and overseas labor. The average middle-class man in the late 1920s, according to the writer and cultural critic Virginia Postrel, could afford just six outfits, and his wife nine - by comparison, the average woman today has seven pairs of jeans alone. So we're less likely to see one of the iconic images of the Great Depression: Formerly middle-class workers in threadbare clothes lining up for free food.
If we look closely, however, we might see more former lawyers wearing knockoffs, doing their back-to-school shopping at Target or Wal-Mart rather than Banana Republic and Abercrombie & Fitch. Lean times might kill off much of the taboo around buying hand-me-downs, and with modern distribution networks - and a push from the reduce-reuse-recycle mind-set of environmentalism - we might see the development of nationwide used-clothing chains.
In general, novelty would lose some of its luster. It's not simply that we'd buy less, we'd look for different qualities in what we buy. New technology would grow less seductive, basic reliability more important. We'd see more products like Nextel phones and the Panasonic Toughbook laptop, which trade on their sturdiness, and fewer like the iPhone - beautiful, cleverly designed, but not known for durability. The neighborhood appliance shop could reappear in a new form - unlicensed, with hacked cellphones and rebuilt computers.
And while very few would starve, a depression would change how we eat. Food costs remain far below what they were for a family in the 1920s and 1930s, but they have been rising in recent years, and many people already on the edge of poverty would be unable to feed themselves on their own in a harsh economic climate - soup kitchens are already seeing an uptick in attendance. At the high end of the market, specialty and organic foods - which drove the success of chains like Whole Foods - would seem pointlessly expensive; the booming organic food movement could suffer as people start to see specially grown produce as more of a luxury than a moral choice. New England's surviving farmers would be particularly hard-hit, as demand for their seasonal, relatively high-cost products dried up.

According to Marion Nestle, a food and public health professor at New York University, people low on cash and with more time on their hands will cook more rather than go out. They may also, Nestle suggests, try their hands at growing and even raising more of their own food, if they have any way of doing so. Among the green lawns of suburbia, kitchen gardens would spring up. And it might go well beyond just growing your own tomatoes: early last month, the English bookstore chain Waterstone's reported a 200 percent increase in the sales of books on keeping chickens.
At the same time, the cheapest option for many is decidedly less rustic: meals like packaged macaroni and cheese and drive-through fast food. And we're likely to see a move in that direction, as well, toward cheaper, easier calories. If so, lean times could have the odd effect of making the population fatter, as more Americans eat like today's poor.

To understand where a depression would hit hardest, however, look at the biggest-ticket items on people's budgets.
Housing, health insurance, transportation, and child care are the top expenses for American families, according to Elizabeth Warren, a bankruptcy law specialist at Harvard Law School; along with taxes, these take up two-thirds of income, on average. And when those are squeezed, that could mean everything from more crowded subways to a proliferation of cheap, unlicensed day-care centers.
Health insurance premiums have risen to onerous levels in recent years, and in a long period of unemployment - or underemployment - they would quickly become unmanageable for many people. Dropping health insurance would be an immediate way for families to save hundreds of dollars per month. People without health insurance tend to skip routine dental and medical checkups, and instead deal with health problems only when they become acute - meaning they get their healthcare through hospital emergency rooms.
That means even longer waits at ERs, which are even now overtaxed in many places, and a growing financial drain on hospitals that already struggle to pay for the care they give uninsured people. And if, as is likely, this coincided with cuts in money for hospitals coming from cash-strapped state and local governments, there's a very real possibility that many hospitals would have to close, only further increasing the burden on those that remain open. In their place people could rely more on federally-funded health centers, or the growing number of drugstore clinics, like the MinuteClinics in CVS branches, for vaccines, physicals, strep throat tests, and other basic medical care. And as the costs of traditional medicine climbed out reach for families, the appeal of alternative medicine would in all likelihood grow.

Higher education, another big expense, would probably take a hit as well. Students unable to afford private universities would opt for public universities, students unable to afford four-year colleges would opt for community colleges, and students unable to afford community college wouldn't go at all. With fewer applicants, admissions standards would drop, with spots that once would have been filled by more qualified, poorer students going instead to wealthier applicants who before would not have made the cut. Some universities would simply shrink. In Boston, a city almost uniquely dependent on higher education, the results - fewer students renting apartments, going to restaurants and bars, opening bank accounts, buying books, taking taxis - would be particularly acute.
A depression would last too long for unemployed college graduates to ride out the downturn in business or law school, so people would have to change career plans entirely. One place that could see an uptick in applications and interest is government work: Its relative stability, combined with a suspicion of free-market ideology that would accompany a truly disastrous downturn, could attract more people and even help the public sector shake off its image as a redoubt for the mediocre and the unambitious.

In many ways, though, today's depression would not look like the last one because it would not look like much at all. As Warren wrote in an e-mail, "The New Depression would be largely invisible because people would experience loss privately, not publicly."
In the public imagination, the Depression was a galvanizing time, the crucible in which the Greatest Generation came of age and came together. That is, at best, only partly true. Harvard political scientist Robert Putnam has found that, for many, the Depression was isolating: Kiwanis clubs, PTAs, and other social groups lost around half their members from 1930 to 1935. And other studies on economic hardship suggest that it tends to sap people's civic engagement, often permanently.
"When people become unemployed in the Great Depression, they hunker down, they pull in from everybody." Putnam says.
That effect, Putnam believes, would only be more pronounced today. The Depression was, famously, a boom time for movies - people flocked to cheap double features to escape the dreariness of their everyday poverty. Today, however, movies are no longer cheap. Nor is a day at the ballpark.
Much of a modern depression would unfold in the domestic sphere: people driving less, shopping less, and eating in their houses more. They would watch television at home; unemployed parents would watch over their own kids instead of taking them to day care. With online banking, it would even be possible to have a bank run in which no one leaves the comfort of their home.
There would be darker effects, as well. Depression, unsurprisingly, is higher in economically distressed households; so is domestic violence. Suicide rates go up in tough times, marriage rates and birthrates go down. And while divorce rates usually rise in recessions, they dropped during the Great Depression, in part because unhappy couples found they simply couldn't afford separation.
In precarious times, hunkering down can become not simply a defense mechanism, but a worldview. Grant McCracken, an anthropologist affiliated with MIT who studies consumer behavior, calls this distinction "surging" vs. "dwelling" - the difference, as he wrote recently on his blog, between believing that the world "teems with new features, new things, new opportunities, new excitement" and thinking that life's pleasures come from counting one's blessings and appreciating and holding onto what one already has. Economic uncertainty, he argues, drives us toward the latter.
As a nation, we have grown very accustomed to the momentum that surging imparts. And while a depression remains far from inevitable, it's as close as it has been in a lifetime. We might want to get a sense for what dwelling feels like.

http://www.boston.com/bostonglobe/ideas/articles/2008/11/16/depression_2009_what_would_it_look_like/

Thursday, November 20, 2008

Eeyore's News ans View

Strange they are having problems, in the US i heard that 2%percent rise in people likely to join.
http://www.usatoday.com/news/military/2008-11-18-recruiting_N.htm
Mainly because there is an end in site to the Iraq War and because the economic down turn.
Australia temporarily shuts down navy November 18, 2008 - 8:56am
By ROD McGUIRK Associated Press Writer
CANBERRA, Australia (AP) -
Australia's navy gets a big Christmas gift this year: two months paid vacation for most sailors that will ease the effects of a recruiting slump but make the service Down Under look something like a part-time operation.
The navy hopes that by making life on the sea more family-friendly, it will attract the extra 2,000 sailors it needs achieve its target strength of 15,000.
Critics say the so-called shut down, which inspired a front page newspaper headline Tuesday: "Navy Closes For Christmas," will worry
Australia's major defense ally, the United States.
"Mothballing your ships for two months sends totally the wrong message to our region and to our allies," opposition defense spokesman David Johnston told
The Associated Press. "I've never heard of anything like this. I'm flabbergasted."
All 55 navy ships and submarines that are not on operational deployments have been ordered home for Christmas, and the number of sailors who stay aboard docked ships as sentries will be reduced to skeleton crews.
It is not clear how many how many sailors will take extra time off.
Defense Minister Joel Fitzgibbon told Australian Broadcasting Corp. radio that the two months break for sailors, which begins Dec. 3, is "just a way of saying thank you and encouraging them to stay in the service."
Fitzgibbon said a shortage of troops was the biggest challenge facing the Australian Defense Force and making their jobs more family friendly was part of the solution.
"The family-work balance is a very, very important part of the equation," Fitzgibbon said.
Navy Deputy Chief Rear Adm. Davyd Thomas said that the break will not adversely impact national security.
An Australian navy frigate would remain in the
Middle East guarding oil wells over Christmas and seven patrol boats would guard Australia's northern waters from illegal fishers and smugglers, he said.
Two ships would also be on standby, one on the east and the other on the west coast, to respond to any emergency at sea, he said.
Thomas said the navy always had a shutdown period over the southern summer, although this one was longer.
"We're trying to become an employer of choice. We want people to want to be in the navy and want to serve here," Thomas told reporters.
Thomas said he expected most naval personnel would take the time off.
Neil James, executive director of the independent security think-tank Australian Defense Association, agreed the shutdown was not radically different from previous years, although it was a few weeks longer and would involve more ships remaining in dock.
He said the length of vacation would vary depending on the individual and some could expect to be recalled at short notice.
He said military chiefs had been considering longer Christmas vacations for years because the navy has the worst retention rate of Australia's three military services.
"The bottom line driving this is the retention problem," James said.
"If you look at the exit surveys of people serving in the defense force, the biggest single cause of dissatisfaction is family-work life balance," he said.
http://wtop.com/?nid=391&sid=1520451

Cherokees accused of racist plot as the sons of slaves cast out
By Tim Reid
Monday March 05 2007
CHEROKEES voted yesterday to expel descendants of black slaves they once owned, a move that has exposed the unsavoury role played by some Native Americans during the Civil War and renewed accusations of racism against the tribe.
Members of the
Cherokee Nation, the second largest Native American tribe, voted by 77 per cent to 23 in a special election to amend their constitution and limit citizenship to those listed as "Cherokee by blood."
The move stripped tribal membership from freedmen - those descended from slaves - and blacks who were married to Cherokees. They have enjoyed full citizenship rights for 141 years.
Opponents of the vote denounced it as a racist plot to deny tribal revenue - which includes dollars 22 billion a year from casino takings for all
US tribes - to those not deemed full-blood Cherokee, and to block them from claiming a slice of the tribal pie.
Supporters say that it was a long overdue move by Cherokees to determine their own tribal make-up. Freedmen were granted full tribal membership under an 1866 treaty that the tribe was essentially forced to sign with the US Government after the Civil War ended.
The vote has reopened a lesser-known chapter in Native American history - the fact that some of the country's largest tribes sided with the Confederacy during the Civil War - and the intra-tribal racial tensions that have persisted since emancipation.
Cherokees, Choctaws, Chicksaws, Creeks and Seminoles were known as the Five Civilised Tribes because they adopted many of the ways of the Confederate South, including the ownership of black slaves. The election has also highlighted the massive gambling revenues many tribes now enjoy because, as "sovereign nations," they are free to build casinos on tribal lands.
The vote limits citizenship to those who can trace their heritage to a "Cherokee by blood" list, part of the
Dawes Rolls census created by Congress in 1906. Under that census, anybody with a trace of African-American blood - even if they were half Cherokee - was placed on the freedmen roll. Those with full Cherokee or mixed white and Cherokee ancestry were put on the "Cherokee by blood" roll.
http://www.independent.ie/world-news/americas/cherokees-accused-of-racist-plot-as-the-sons-of-slaves-cast-out-47967.html

Shrinking wallet, expanding waistlineAnxiety fuels urge to eat Wednesday, November 19, 2008 Lean times and lean bodies? Not at all. The stress from a nose-diving economy gives rise to the urge to eat. "When you feel deprived -- or potentially deprived -- one of the ways to feel safe and secure is to feed yourself," says Diane Barth, a Manhattan-based clinical social worker with a specialty in eating disorders. "From the beginning of time, we've done this: used food to comfort ourselves."According to a recent survey by the American Psychological Association, eight of 10 Americans say the chilling economic climate is causing them stress.Most of those surveyed said they overeat or eat unhealthy foods to manage their stress. (Perhaps telling is that while many other industries are suffering, national candy sales are up 2.2 percent in the past year, according to the National Confectioners Association.)"What we need to look for are solutions that match our problems. But so often we get our arrows crossed," says Cynthia Bulik, professor of eating disorders at the University of North Carolina at Chapel Hill. "If you feel anxious, meditation and relaxation are solutions, not food," she says. "Food is the solution for hunger."When we use food to fight stress, we eventually end up with even more stress. In other words, we compound our problems."Food gives us immediate gratification," says Ms. Bulik, who is also the director of the UNC Eating Disorders Program. "Food is in the here and now, and it creates a temporary good feeling."Once that temporary good feeling passes -- essentially when the ice cream or candy is gone -- feelings of guilt and anxiety creep back, sometimes manyfold.Self-medicating by overeating -- or in some cases, drinking too much or overspending -- can cause "a whole host of secondary problems," says Brad Klontz, a psychologist in Kappa, Hawaii."These behaviors can lead to health problems, relationship conflicts, decreased work productivity, and can compound our financial problems," Mr. Klontz says.For people with chronic eating disorders, the problems arguably are even graver during tough economic times."Now they have guilt not only about their eating disorder, but also about literally biting into their family's food budget," Ms. Bulik says.The ways to save money in this economy -- such as buying in bulk at discount big-box and grocery stores -- run contrary to the type of lifestyle and purchasing habits people with eating disorders often need to adopt: buying only what is needed and favoring portion-sized packages.Bulk buying can lead to bulk eating, especially if there are 30 granola bars and 24 muffins in each package.Ms. Bulik hopes there is a silver lining in this messy combination of stress, bad finances and overeating."Maybe this will be yet another motivation for recovery," Ms. Bulik says. "Because now it's not just impacting your health, but it's impacting your pocketbook, too."For the general population, she recommends that people find something over which they can gain control, such as some portion of their personal finances."Control is a great fix for anxiety," Ms. Bulik says. "Find something you can get on top of."Mr. Klontz recommends allowing enough time to recharge mental batteries as a means of fighting anxiety. "Build in some healthy stress-management activities such as going for a walk, taking in a nice sunset or spending more time with supportive family and friends," he says.Ms. Barth agrees that panicking should be avoided, but anxiety itself shouldn't be fought. "Anxiety is totally appropriate at a time like this, but instead of looking for quick fixes, I wish we could just sit still for a moment and observe our feelings and see what they tell us," she says.She calls for a realization that, along with the anxiety of financial markets, personal anxiety, too, will pass. Anxiety, whether on financial markets or in the mind, comes and goes like the ebb and flow of ocean waves."I wish we could learn to ride the wave," she says.
http://www.washingtontimes.com/news/2008/nov/19/shrinking-wallet-expanding-waistline/

How we became nation of whiners, crybabiesAuthor says solution just might be a good spanking--------------------------------------------------------------------------------Posted: November 18, 20083:14 am Eastern© 2008 WorldNetDaily Are you among the many Americans not surprised by the recent election results?After all, you've been fed up for years with all the lazy, self-centered, whining, entitlement-minded young people in our country. You knew that at some point, these malcontents would eventually find their way to the polls and elect a leader fitting their mentality.Well, now there's a book that proves you were correct in your suspicions, expressing the very thoughts that have been echoing in your mind.It's a book that pulls no punches, and says the solution to America's worsening sickness just might be a good spanking.It's called "Born Liberal, Raised Right: How to Rescue America from Moral Decline – One Family at a Time," and it's the latest release from WND Books.Its author, Reb Bradley, an expert on child rearing, says Rush Limbaugh is right about liberals – they are turning America into a nation of victims, dependent, covetous and incapable of the kind of self-government the nation's founding fathers envisioned.Author of the previous best-selling book, "Child Training Tips," Bradley recalls listening to Limbaugh more than a decade ago and having an epiphany about the societal impact of permissive and indulgent parenting."I noticed that all of the societal ills Rush talked about were really manifestations of people who really never grew up – never matured," he explains. "Ultimately, that is what the worldview of liberalism is all about. And we won't escape its dire ill effects until we learn how to parent."America is increasingly lacking in-self control, explains Bradley. He says adults no longer restrain themselves from destructive actions and behaviors, because they have not been taught to do so as children."A few decades ago, people were just as human as we are in this decade," he writes. "Like us, they got angry, they lusted, they coveted, and they drowned their grief by one means or another. But in one important way, they were different from us – they had greater self-control. Because they were more self-restraining, they did not allow themselves to be ruled by their anger; hence the murder rate was markedly less. They lusted, but they had greater sexual self-restraint, so had sexual contact with fewer people and contracted fewer STDs. They coveted other people's money and possessions, but they had the ability to not act on their covetousness; hence fewer were compelled to steal. In the last 40 years we have lost the virtue of self-control. No longer is our society populated by individuals who can restrain or 'govern' themselves. To lack the capacity to control one's urges or passions is to lack what our nation's Founders called personal 'self-government.'"Bradley contends that liberalism is the natural condition of the human heart and for people to be capable of self-government, they must be trained against their own nature."In this age of technology, one might say that liberalism is our 'default' operating condition," he writes. "Throughout our childhoods, our parents must work hard and change our settings to keep us from operating in our default mode. If parents are successful, we enter adulthood with our new settings fully locked in. Left untrained, all children would grow up liberal in their outlook."Get "Born Liberal, Raised Right: How to Rescue America from Moral Decline – One Family at a Time." If you prefer ordering by phone, call our toll-free order line: 1-800-4-WND-COM (1-800-496-3266).Listening to Rush Limbaugh describe what he saw as the traits of liberals led parenting expert Bradley to his conclusions that liberals were, in effect, children who never really grew up."Liberals are merely inadequately trained children who grew up and now lead using principles they gleaned from their upbringing," he says.All people are born liberal, Bradley writes, meaning they are ruled first by their emotions and passions."We come into the world determined to survive, and we vehemently express ourselves to get what we need: 'Waaa!' and Momma feeds us," he writes. "'Waaa!' and our diaper is changed' 'Waaa!' and we are put down for a nap. As infants, our strong will can keep us comfortable and alive – the more outspoken we are, the more our needs are met. However, as we start to grow, we no longer cry for our necessities – we crave pleasure, too."These ideas are not really new, explains Bradley. They are just in need of rediscovery. He points out that in 1926, Minnesota Gov. Theodore Christianson established a state crime commission. At the end of its research, the commission concluded that criminal tendencies were not the result of poverty, education or environment. Instead, it made the following observation: "Every baby starts life as a little savage. He is completely selfish and self-centered, he wants what he wants when he wants it: his bottle, his mother's attention, his playmate's toys, his uncle's watch, or whatever. Deny him these and he seethes with rage and aggressiveness which would be murderous were he not so helpless. He's dirty, he has no morals, no knowledge, no developed skills. This means that all children, not just certain children but all children, are born delinquent. If permitted to continue in their self-centered world of infancy, given free rein to their impulsive actions to satisfy each want, every child would grow up a criminal, a thief, a killer, a rapist."Bottom line?"Liberals are like teenagers whose will-to-be-gratified was never subdued, and now cannot grasp the simple logic of what is being said to them," Bradley writes. "They are so emotionally obsessed with getting what their hearts want that they are unwilling to listen to reason. That is why liberals resort to personal attacks, name-calling, accusing, yelling, discrediting, or changing the subject. And that is why they use inflammatory and emotionally charged words like 'intolerant,' 'hateful' and 'racist.' Desperation ensues when passion rules. When passion rules, blindness sets in."As a result, Bradley says "America is being governed by adults still in their terrible twos.""Barack Obama is our King Saul," Bradley continues. "Like Saul, he has fooled people on a base, emotional level. And when people can't see beyond their emotions, they are immature and incapable of the kind of self-government that has been the bedrock of America's freedom for the last two centuries." http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=81340

Experts See Security Risks in DownturnGlobal Financial Crisis May Fuel Instability and Weaken U.S. Defenses
By Joby WarrickWashington Post Staff WriterSaturday, November 15, 2008; A01
Intelligence officials are warning that the deepening global financial crisis could weaken fragile governments in the world's most dangerous areas and undermine the ability of the United States and its allies to respond to a new wave of security threats.
U.S. government officials and private analysts say the economic turmoil has heightened the short-term risk of a terrorist attack, as radical groups probe for weakening border protections and new gaps in defenses. A protracted financial crisis could threaten the survival of friendly regimes from Pakistan to the Middle East while forcing Western nations to cut spending on defense, intelligence and foreign aid, the sources said.
The crisis could also accelerate the shift to a more Asia-centric globe, as rising powers such as China gain more leverage over international financial institutions and greater influence in world capitals.
Some of the more troubling and immediate scenarios analysts are weighing involve nuclear-armed Pakistan, which already was being battered by inflation and unemployment before the global financial tsunami hit. Since September, Pakistan has seen its national currency devalued and its hard-currency reserves nearly wiped out.
Analysts also worry about the impact of plummeting crude prices on oil-dependent nations such as Yemen, which has a large population of unemployed youths and a history of support for militant Islamic groups.
The underlying problems and trends -- especially regional instability and the waning influence of the West -- were already well established, but they are now "being accelerated by the current global financial crisis," the nation's top intelligence official, Director of National Intelligence
Mike McConnell, said in a recent speech. McConnell is among several top U.S. intelligence officials warning that deep cuts in military and intelligence budgets could undermine the country's ability to anticipate and defend against new threats.
Annual spending for U.S. intelligence operations currently totals $47.5 billion, a figure that does not include expensive satellites that fall under
the Pentagon's budget. At a recent gathering of geospatial intelligence officials and contractors in Nashville, the outlook for the coming fiscal cycles was uniformly grim: fewer dollars for buying and maintaining sophisticated spy systems.
"I worry where we'll be five or 10 years from now,"
Charles Allen, intelligence director for the Department of Homeland Security, said in an interview. "I am deeply worried that we will not have the funding necessary to operate and build the systems already approved."
Intelligence officials say they have no hard evidence of a pending terrorist attack, and
CIA Director Michael V. Hayden said in a news conference Thursday that his agency has not detected increased al-Qaeda communications or other signs of an imminent strike.
But many government and private terrorism experts say the financial crisis has given al-Qaeda an opening, and judging from public statements and intercepted communications, senior al-Qaeda leaders are elated by the West's economic troubles, which they regard as a vindication of their efforts and a sign of the superpower's weakness.
"Al-Qaeda's propaganda arm is constantly banging the drum saying that the U.S. economy is on the precipice -- and it's the force of the jihadists that's going to push us over the edge," said
Bruce Hoffman, a former scholar-in-residence at the CIA and now a professor at Georgetown University.
Whether terrorist leader
Osama bin Laden is technically capable of another Sept. 11-style attack is unclear, but U.S. officials say he has traditionally picked times of transition to launch major strikes. The two major al-Qaeda-linked attacks on U.S. soil -- the World Trade Center bombing in 1993 and the 2001 hijackings -- occurred in the early months of new administrations.
This year, the presidential transition is occurring as American households and financial institutions are under severe economic strain, and political leaders are devoting great time and effort to that crisis.
Frances Fragos Townsend, who previously served as Bush's homeland security adviser, told a gathering of terrorism experts last month that the confluence of events is "not lost" on bin Laden.
"We know from prior actions that this is a period of vulnerability," Townsend said.
As bad as economic conditions are in the United States and Europe, where outright recessions are expected next year, they are worse in developing countries such as Pakistan, a state that was already struggling with violent insurgencies and widespread poverty. Some analysts warn that a prolonged economic crisis could trigger a period of widespread unrest that could strengthen the hand of extremists and threaten Pakistan's democratically elected government -- with potentially grave consequences for the region and perhaps the planet.
Pakistanis were hit by soaring food and energy prices earlier in the year, and the country's financial problems have multiplied since late summer. Islamabad's currency reserves have nearly evaporated, forcing the new government to seek new foreign loans or risk defaulting on the country's debt. The national currency, the rupee, has been devalued, and inflation is squeezing Pakistan's poor and middle class alike.
Shahid Javed Burki, a native Pakistani and former
World Bank official, said job cuts and higher food costs are behind much of the anger and desperation he witnessed during a recent trip. "I'm especially worried about the large urban centers," said Burki, author of several books on Pakistan's economy. "If they are badly hurt, it creates incentives for people to look to the extremists to make things better. It's a very dicey situation."
U.S. officials are following developments with particular concern because of Pakistan's critical role in the campaign against terrorism, as well as the country's arsenal of dozens of nuclear weapons. Al-Qaeda has appealed directly to Pakistanis to overthrow their government, and its
Taliban allies have launched multiple suicide bombings, some aimed at economic targets such as the posh Marriott hotel in Islamabad, hit in September.
Economic and social unrest has helped drive recruiting for militant groups that cross into Afghanistan to attack U.S. troops.
The Bush administration has counterpunched by striking unilaterally at al-Qaeda-allied militants in the autonomous tribal region along the Afghan border.
More than 15 such strikes, using unmanned Predator aircraft piloted remotely by the CIA, have killed dozens of suspected insurgents since late August.
The financial crisis has also prompted security concerns about China, though experts are divided over how the country will fare if the recession is long and deep. Already, China's export-driven economy has suffered a major jolt, prompting Beijing to announce an economic stimulus package worth hundreds of billions of dollars. Job losses and shuttered factories have spurred social unrest, prompting some China-watchers to predict a reduction in spending on its armed forces and space programs as the nation turns its focus inward.
In the past month, factory closings have sparked protests and highlighted the growing gap between social classes.
China turned down a request by Pakistan for a $4 billion loan, and its economic stumbles have dampened hopes that it might, by itself, pull the global economy out of its slump.
"We had 30 years of a Chinese success story, but we're now entering uncharted waters," said Adam Segal, a senior fellow at the
Council on Foreign Relations.
Yet many China scholars also see great opportunity for the communist giant. Even as the global recession cuts into its export markets, the country continues to experience robust growth at home, thanks to the consumption habits of its rapidly growing middle class. A hefty economic stimulus will ensure continued, if modest, growth, even if exports flat line, said Albert Keidel, a former economist for the World Bank and
the Treasury Department and now an East Asia expert at the Carnegie Endowment for International Peace.
China already was on track to surpass the United States as the world's largest economy, perhaps as early as 2030. Now, many experts believe the global recession could help it do so faster.
The implications are enormous for the global economy and for international security, Keidel said.
"If we have a long recession and China catapults itself forward with double-digit growth, those timelines move forward," he said.
China could quickly outpace the United States to become the world's influential economy, while also competing in other areas long dominated by Americans. Even if China chooses to keep its military growth on a modest pace, the country will become a significant competitor in key areas such as space exploration, several experts said.
"It's not about China moving up the ladder as much as it's about us tripping and falling down the ladder," said Derek Scissors, an Asia specialist at the
Heritage Foundation, a Washington think tank.
Will the United States be able to retain its edge at a time when its own military spending is threatened with cuts? In recent interviews, several intelligence officials said they anticipate smaller budgets for military hardware and surveillance aircraft because of the economic strain.
"They are expensive programs and some are hard to understand, but they are absolutely invaluable," Allen, the Homeland Security intelligence chief, said of the surveillance systems used in Iraq and along the Afghan-Pakistani border. "The advances we have made are tremendous, but I see a slowing of our technology edge, and that concerns me."
James R. Clapper Jr., the Pentagon's undersecretary of defense for intelligence, said his aides are already looking at ways to consolidate and cut. Since the Sept. 11 attacks, counterterrorism programs have had "a lot of money -- we've been awash in it, frankly," he told the gathering of intelligence officials and defense contractors in Nashville. But in leaner times, intelligence officials will have to make tough choices.
"I always think of the apocryphal statement attributed to the chancellor of the exchequer in the United Kingdom in 1927: 'We are running out of money, so we must begin to think,' " Clapper said. "I think we are going to be in another era like that."
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/14/AR2008111403864_pf.html

You need to get them while the getting is good, i would not buy out of fear, i would make a reasoned decision and purchase what i felt was best.
Fears drive gun buyers to stock up IAN DEMSKY; ian.demsky@thenewstribune.com Published: November 15th, 2008 12:04 AM Updated: November 17th, 2008 02:58 PMSince the Nov. 4 election, Mary Davies says her business has tripled. The phone rings constantly and customers of the small South Tacoma gun shop have at times been backed up into the hallway, she said this week.The boom Mary’s Pistols has been seeing has been reported all over the country as buyers stock up on handguns, assault rifles and high-capacity clips that they’re concerned might be banned by an Obama administration and a more heavily Democratic Congress.No nationwide figures on post-election gun sales were available, but a look at local figures comparing fall 2007 to fall 2008 shows an uptick in some categories, bolstering the anecdotal evidence.Pistol sales in Washington during August, September and October rose by 20 percent compared to last year, according to the state Department of Licensing. And the Washington State Patrol has seen a 43 percent jump in background checks the agency has conducted for concealed pistol licenses when comparing September, October and November of last year to this year – and that number is likely to go even higher because data were only available through Nov. 13 this year.When a reporter visited Mary’s on Thursday afternoon, several customers were discussing how President-elect Barack Obama might want to tax ammunition.Davies said business had been steady in the months leading up to the election and that the “summer doldrums” failed to materialize this year. But sales started jumping after the election, she said.“It’s been quite nerve-wracking, actually,” Davies said. “It’s so much work. There are a lot of forms you have to fill out and hoops to jump through.”A pistol purchase for example, requires a lengthy federal form, plus a state form, and has to be entered into a logbook.“Guns are the most tightly controlled substance on the planet,” said her husband, Dan Davies.The shop usually has 350 guns on display, but on Thursday Davies’ stock was down to 265.Davies, who worked at her parents’ gun shop before opening her own store three years ago, is worried that new restrictions could put her out of business.“I had customers come in with Obama T-shirts to get their guns before the laws change,” she said. “They say, ‘I like his economic policies.’ I tell them, ‘It may be your gun, but it’s my job.’”Other local gun stores, such as Bull’s Eye, Welcher’s and Gun & Bow in Tacoma and Marksman Gun Shop in Puyallup either didn’t return calls seeking comment or declined to comment.Obama’s record on gun rights is conflicting enough to give ammunition to either side, the Chicago Tribune reported. He sought to reassure gun owners during the campaign, promising he wasn’t going to take away citizens’ rifles, shotguns and handguns. But as an Illinois state legislator, he voted in favor of a ban on semi-automatic assault weapons and tighter restrictions on all firearms. He has also opposed allowing gun owners to carry concealed weapons.His mention of guns during his acceptance speech at the Democratic National Convention might signal it’s a high priority for him, Davies said.“The reality of gun ownership may be different for hunters in rural Ohio than for those plagued by gang violence in Cleveland, but don’t tell me we can’t uphold the Second Amendment while keeping AK-47s out of the hands of criminals,” Obama said in his Aug. 28 speech. But many gun owners see gun restrictions hampering the rights of law-abiding citizens while criminals would just continue to flout the laws.Davies has had to tell some customers seeking military look-alike rifles that her distributors are sold out and that there’s a six- to eight-month wait from the factory.“I tell them they can order it but they may not get it if they’re outlawed right when they get in,” she said. She said the only real difference between a U.S. military-style rifle that she was holding and a semi-automatic hunting rifle is how it looks.The fact that Vice President-elect Joe Biden was an architect of an earlier assault rifle ban that has since expired only adds to Davies’ concerns. The ban made “evil-looking” weapons illegal.“I don’t know how they call this evil,” she said holding up the rifle. “Every one of our soldiers has one of these.”Ian Demsky: 253-597-8872 State gun sales, background checks riseHere’s a look at some Washington figures that back up anecdotal evidence that gun sales are up this year from last year.Pistol sales Month 2007 2008 IncreaseAugust 6,084 6,586 8% September 4,470 6,487 45%October 7,429 8,477 14%Concealed carry permit background checks Month 2007 2008 IncreaseSeptember 1,981 3,096 56%October 2,387 4,291 80%November 1,807 1,495** Through Nov. 13
http://www.thenewstribune.com/news/local/story/538423.html

Hopefully this is not going to be a weekly occurance in DC, gives gun owners a bad name.
Man With Assault Rifle Wanted To Go To White House BALTIMORE, Md. (CBS) ― Baltimore police arrested a man with a gun Wednesday morning after a cab driver reported the man had made threats and wanted to be driven to the White House. Authorities say the cab driver asked about the location and the man said he "wanted to go to D.C., where the White House was." The driver refused to take the man, instead dropping him off at a MARC train station in West Baltimore before calling police. CBS station WJZ-TV's Adam May reports police were able to talk to the conductor and have them hold the train. The police were able to get on board and they tased the 25-year-old suspect, who uses several aliases. He has used the name Jeffrey Springs and Asa Seeley. Seeley fell 20-feet of the platform and broke his ankle. He is in the hospital and is being monitored by different police agencies. Police say the suspect had a SKS assault rifle wrapped in a sheet and was headed to the White House. Police say he had a loaded magazine and spare ammunition with him. Seeley is from the Washington, D.C. area. He has been arrested for drug offenses and has an open drug warrant against him. He was also the victim of a shooting Aug. 30. Police don't know why he was in Baltimore. http://cbs2.com/watercooler/man.arrested.white.2.868530.html

Friday, August 8, 2008

This year, the lucky wedding date was 7/7/07 but did you know that next year, 8/8/08 is considered equally as lucky especially in Chinese culture and Chinese weddings? Even if you are not of Chinese heritage, If you a bit superstitious or if you just want an extra bit of good fortune, a wedding held on 8/8/08 may be your lucky day.
Why 8? In Chinese culture, 8 is considered the luckiest of all numbers, as it portends prosperity and wealth. The number 8 is so lucky in fact for the Chinese, that in China, they often auction off license plates for thousands of dollars just because they contain the lucky number. The number is also coveted for addresses, phone numbers and bank accounts. A single 8 on a piece of property lends a sense of high status among the Chinese, as they know top dollars were paid just to obtain that number. Lucky 8 is so lucky, that the Beijing Olympics are due to open on 8/8/08 at exactly 8:08:08 PM.
(for the whole story, if you really want it click the link)
http://ezinearticles.com/?The-NEW-Lucky-Wedding-Date---8-8-08&id=779719

Here are a few things to watch out for. You need to not only watch for this skimming thing but i have seen some articles recently when gas was at 4 gallons, of people having fuel stolen out of their vehicles. You have to watch out for your own back, no one will do it for you.

Be on the lookout for spam e-mails spreading the Storm Worm malicious software (malware) which mention "F.B.I. vs. facebook". The e-mail directs the recipient to click on a link to view an article about the FBI and Facebook. Once the user clicks on the link, malware is downloaded to the Internet connected device and causes it to become infected and become part of the Storm Worm botnet. A botnet is a network of compromised machines under the control of a single user. Botnets are typically set up to facilitate criminal activity such as spam e-mail, identity theft, denial of service attacks, and spreading malware to other machines on the Internet.
The following is a sample image of the web page utilized for the e-mail scheme:

http://www.snopes.com/computer/virus/fbi-facebook.asp http://www.snopes.com/computer/virus/storm.asp


Thieves skim credit card data at fuel pumps
By Katharine Lackey, USA TODAY
Customers and police agencies across the USA are dealing with another pain at the pump — thieves who install hard-to-detect electronic devices at stations to steal credit and debit card data.
The skimmed data are used to create cards used at the victims' expense, says James Van Dyke, president and founder of Javelin Strategy and Research, a financial consulting firm that focuses on fraud and identity theft.
Investigations of theft related to skimming devices at gas pumps continue in California, Washington, Nevada, Pennsylvania and Delaware, according to various police departments.
Though the most recent cases don't necessarily represent an epidemic, the Secret Service is investigating incidents across the country, says Ed Donovan, spokesman for the agency, which has financial and electronic crimes units.
Skimming devices have been used for several years, most often at ATMs. Thieves increasingly target pumps because it's a cheap, easy way to steal credit and debit card information, Van Dyke says.
"Card fraud at gas pumps is a significant problem, and that's because of the unintended nature of the checkout devices," he says. "Essentially, every gas pump is an electronic cash register."
The skimming devices can be installed outside or inside the pump. Thieves glue a plastic sleeve, equipped with covered wires that capture data, over the pump's card reader or connect the device directly to the reader inside.
The devices are molded and painted to match the machine and are small, making them hard to detect, Van Dyke says. Among recent cases:
•California: San Jose police are investigating a case that began in May, when thieves placed a skimming device at an Arco station, eventually taking more than $200,000 from up to 180 victims, says police department spokesman Jermaine Thomas. The device was on the pump for more than a month, after which the suspects retrieved the machine, Thomas says.
"Your normal, average person would not even know that the skimming device is attached," he says.
• Washington: The Pierce County Sheriff's Office is investigating a case where thieves installed a skimming device at an Arco gas pump last August, leaving it there for 11 months and cleaning out at least 120 victims' bank accounts over the July 4th weekend, says sheriff's spokesman Ed Troyer.
Reports of fraudulent withdrawals are still pouring in, and the number of victims could reach 250 with a total of $500,000 stolen, he says.
• Pennsylvania: State police recovered four skimming devices installed inside gas pumps at Wawa stations in Delaware, Chester, Montgomery and Bucks counties beginning in April, trooper Christopher Shoap says. He suspects more devices were used at other stations and estimates that several dozen victims have lost tens of thousands of dollars.
•Delaware: The Pennsylvania case is linked to one in Delaware, where police suspect a device was placed and later retrieved at a New Castle Wawa pump, Shoap says. The Secret Service is investigating, says Cpl. Jeff Whitmarsh of the Delaware State Police. The Secret Service would not comment because the investigation is continuing.
•Nevada: The Las Vegas Metropolitan Police Department is investigating two devices placed at gasoline pumps within the past four months, in addition to several cases where devices were placed on ATMs, says Lt. Bob Sebby of the financial crimes unit.
The combined cases total $1 million to $3.5 million stolen from hundreds of victims' accounts, Sebby says. The department is trying to prevent additional identity fraud by asking gas stations to consider placing sticker seals on the pumps that employees can check daily.
"With identify theft, it's not a matter of if you're going to be a victim, it's a matter of when," Sebby says.

http://www.usatoday.com/money/industries/energy/2008-08-04-gaspumpskimming_N.htm

This is probably a political stunt, but i personally think it is good thing. It may be nothing more then the house getting mad at DC for thumbing their nose at the Supreme court decision.


House seeks to end D.C. gun measures August 5, 2008 - 10:14amWASHINGTON (AP) - House leaders have agreed to allow a vote next month on a bill that would end local handgun control in the District of Columbia.
The measure was filed last week by several conservative Democrats, and supporters say it has a good chance of passing the House. Its prospects in the Senate are unclear.
The Supreme Court struck down the city's 32-year-old handgun ban in June. Since then, D.C. lawmakers have passed emergency legislation that maintains strict regulations.
The House bill seeks to eliminate those measures.
The legislation would allow D.C. residents to own handguns without registering them with police if they meet federal requirements for firearms ownership.
The bill also would end a requirement that owners keep their handguns unloaded and disassembled in their homes and would repeal the city's ban on most semiautomatic handguns.
___
Information from: The Washington Post, http://www.washingtonpost.com/
http://wtop.com/?nid=596&sid=1441828

11 Charged in Massive Credit Card Fraud Case
NEW YORK — The Department of Justice announced Tuesday the indictment of 11 people whom they say stole millions of credit and debit card numbers from major retailers in the nation's largest case of identity theft.
The 11 people — including three Americans — allegedly targeted such retailers as TJX Companies, BJs Wholesale Club, OfficeMax, Boston Market, Barnes & Noble, Sports Authority, Forever 21 and DSW.
"This is the single largest and most complex
identity theft case ever charged in this country," Attorney General Michael Mukasey said at a hastily planned press conference in Boston Tuesday.
Named as the alleged ringleader in the indictment is Albert "Segvec" Gonzalez, of Miami, who had worked as a confidential informant for the Secret Service. He has been charged with computer fraud, wire fraud, access device fraud, aggravated identity theft and conspiracy for his role in the scheme and faces the possiblilty of life imprisonment.
"The Boston indictment alleges that Gonzales and his co-conspirators stole over 40 million credit and debit card numbers making this the largest credit card fraud and identity theft scheme ever identified, investigated and prosecuted in the United States," U.S. Attorney for the District of Massachusetts Michael Sullivan said Tuesday.
Also named in the indictments are Christopher Scott and Damon Patrick Toey, also of Miami.
Investigators say Gonzalez and his cohorts were able to tap into computer networks using a technique called "war driving."
"War dirving is simply driving around in a car with a laptop computer looking for accessible wireless computer networks," Sullivan said.
Once they found a retailer's network, officials alleged the men would hack into the system and install "sniffer programs," which would relay sensitive credit card information back to the men.
"This allowed the defendants to remotely capture sensitive information such as the card numbers, passwords and account information," Sullivan said.
Those named in the indictment allegedly sold the information to criminals abroad and in the U.S., or encrypt blank credit cards to withdraw money from ATMs, officials said.
Federal officials discovered Gonzalez was involved in the scheme after he began working for the Secret Service as an informant. He is in custody.
Indictments were unsealed Tuesday in San Diego against Maksym "Maksik" Yastremskiy of Kharkov,
Ukraine, and Aleksandr "Jonny Hell" Suvorov of Sillamae, Estonia. The indictments charge them with crimes related to the sale of the stolen credit card data.
Furthermore, indictments against Hung-Ming Chiu and Zhi Zhi Wang, both of
China, and a person known only by the online nickname "Delpiero" were also unsealed in San Diego.
The heist was a black eye for retailers like TJX. The company, which initially disclosed the data breach in January 2007, said a few months later that at least 45.7 million cards were exposed to possible fraud in a breach of its computer systems that began in July 2005. Court filings by some banks that sued TJX put the number of cards affected at more than 100 million, based on estimates by officials with Visa and MasterCard, who were deposed in the suit.
In May, TJX said it won support from Mastercard-issuing banks for a settlement that will pay them as much as $24 million to cover costs from the data breach. A similar agreement reached last November with Visa-card issuing banks also was overwhelmingly approved. That agreement set aside as much as $40.9 million to help banks cover costs including replacing customers payment cards and covering fraudulent charges.
Federal officials urged those who think they may have been affected by the ID theft scheme to contact their bank.
FOXNews.com's Sara Bonisteel and the Associated Press contributed to this report.

http://www.foxnews.com/story/0,2933,398141,00.html

You can go to a couple of places that have a ton of info about identity theft and scams.
http://www.foxbusiness.com/personal-finance/lifestyle-and-money/consumer-debt/index.html

http://www.wtop.com/?nid=63