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Immediately after the presentation, the G7 ministers issued a statement continuing to insist that their economies were strong and made no mention of the warnings. Check out the G7 Communique of the time – you won’t find a clearer example of the complacency of world politicians and regulators. “We were completely and officially ignored,” said [...] FluidInfo is on to something, and it could be big. They’re creating FluidDB, a database that lives in the cloud. It’s not old-school hierarchical style. It has a new structure and way of doing things that, among other things, make it ideal for social networking and the real time web. Basically, everything is tags with [...] He talks about his severe stutter in an NPR audio interview. It was so bad that from age 8 – 14, he was mostly mute and avoided people because speaking was just too painful and difficult. It’s a long way from that to doing the voice for Darth Vader. He got interested in poetry. [...] The Obama administration’s Federal Communications Commission (FCC) plans to keep the Internet free of increased user fees based on heavy Web traffic and slow downloads. Julius Genachowski, the FCC chairman, told The Hill that his agency will support “net neutrality” and go after anyone who violates its tenets. This is huge. And a [...] From British Steam Car British team breaks oldest land speed record Today [Aug. 25] at 8.19am Charles Burnett III successfully broke the land speed record for a steam powered car – which has stood for more than 100 years – achieving an average speed of 139.843mph on two runs over a measured mile. The [...] Oh really? He says it’s because they don’t want those icky politicians getting their grubby hands into the Holy of Holies that is the Fed and that’s why it shouldn’t be audited. Well, golly, there’s just so much wrong with the statement it’s hard to know where to begin. Fed decisions always have a political [...] Via The Big Picture A tsunami of home foreclosures is set to hit the US as banks are unable to keep bailing out tenants that can’t afford their rent, David Karsbøl from Saxo Bank told CNBC. Karsbøl talks about the rising wave of anger in the country against the bailout and the bankers, saying [...] The Infinium 2006 solar-powered test car can do 90 mph and travel 200-300 miles with no sunlight to recharge its batteries. Now that Holder has started the investigation that can only mean Obama must have ok’ed it. Apparently there were screaming matches. Panetta is clearly toast even though everyone is doing the silly D.C. dance about how everything is fine, just fine – after it deliberately got leaked, of course. SEC gets a hot lead about Goldman Sachs Regulators are finally starting to investigate our favorite vampire squid. Zero Hedge wonders why it’s taken so long. Can someone please explain how FINRA and the SEC would actually chase the perpetrators of market injustice if it wasn’t for the occasional articles in the mainstream media [...] |  | ||||
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