Month August 2008

Large US bank failure likely

So says former IMF chief economist Kenneth Rogoff, adding that the US is halfway through the crisis with the worst yet to come. Financial stocks got clobbered today in the markets. Lehman Brothers in particular is wobbling badly and was…

Dr. Doom says US as sole unipower is no more

Eternal perma-bear economist Nouriel Roubini AKA Dr. Doom says the US is probably in irreversible decline. While he’s usually gloomy, he’s been quite accurate (and early) in predictions about economic matters, especially on the impact of subprime. But do his…

Cyberattacks on Georgia preceded the war

The attacks apparently were directed by Russian sites. From the comments on Schneier.com I’ve noticed, as others have on slashdot a large drop in email spam since these cyber attacks – maybe the Georgian’s were big spammers until they got…

Voting machine fun

From Colin McEnroe So — in a place called Licking County — they let people take the voting machines home and sleep [with] them? And we wonder why the Ohio count always smells funny?