Interesting Items by Alex Gimarc
[email protected]
Interesting Items 10/04 -
Howdy all, a few Interesting Items for your information. Enjoy –
In this issue:
1. Stocks
2. Stuxnet
3. Allred
4. 20 Bills
5. Suicide
1. Stocks. One of the financial mysteries has been the rise in the stock
market in September while every single economic indicator has been going the
other way. We finally have an answer: The Federal Reserve is using tax
dollars to buy stocks and artificially pump up the stock market. The program
was started under Alan Greenspan in 2005 and was revived under Bernanke in
March 2009. It has been used nine times since then, artificially jacking up
stock market by over 600 points. The program is called Permanent Open Market
Operation. Here’s how it works:
- Banks borrow money at 0.25 – 0.50% from the Federal Reserve
- Banks buy US Treasuries
- The Fed buys Treasuries back from the banks
- The Banks buy stocks with the proceeds from the treasury sales
It is a shell game, with the feds in charge. The banks and lending
institutions doing this are the ones that the administration bailed out with
over a trillion dollars of our tax dollars. It appears that the game is now
thoroughly rigged on Wall Street and we have arrived at our Fascist financial
future. Charles Payne article from Robert Frey, Tues.
2. Stuxnet. One of the Good Guys unleashed a first strike against the Iranian
nuclear industry over the course of the last couple months. The weapon is a
500 meg piece of malware called Stuxnet. It targets process controllers used
to run reactors, processing installations, and related industries. Because of
its size, it appears to be transmitted via thumb drive or other removable media
rather than over the internet. The worm installs a root kit, opens a back door
into the system, removes / cloaks itself, and then waits upon further orders.
Rumors out of Iran over the last few weeks have them scrambling with infected
hardware and operating systems. The same rumors also have Russian and ChiCom
nuclear scientists scrambling. The investigations and purge in Iran are just
starting, which may delay their nuclear capability a bit. US computer forensic
experts have a copy of the worm and are deconstructing it. It is a huge
complex piece of
software, and appears to be constructed by some serious players. Many fingers
have pointed at Israel as one possible source. Others suspect the US, Russia
of China – all of which mean that nobody has a clue yet who or what unleashed
this weapon on the wild. And as of this writing, nobody is saying a thing.
The fact that Iran appears to be targeted does give one warm fuzzies.
Unfortunately, once the worm is decoded, and I expect that effort is going on
in all the major cyber warfare players – US, Russia and ChiCom – expect other
versions of the worm to be used against process controllers worldwide. If the
computer pulls the rods and melts down a reactor; pumps in too much natural gas
and blows up a power turbine; or whatever, the end result is just as effective
as a 2000 pound bomb down the cooling tower. It is warfare by other means and
it is coming soon to a utility near you.
3. Allred. Democrat political hack and camera chaser, Gloria Allred pulled
her scheduled October surprise last week by outing a long-time housekeeper for
Republican candidate for California governor Christine Whitman as an illegal.
The attack appears to have been coordinated with the Jerry brown campaign.
Allred also tried this against Arnold Schwarzenegger during his initial run for
governor. It didn’t work then. Hopefully it won’t work this time either. The
housekeeper lied about being an illegal to the service that placed her at
Whitman’s home. She worked for nine years, and was let go when she told
Whitman she was an illegal last year. The Social Security Administration sent
a letter to the Whitmans in 2003 saying that the social security number didn’t
match with their records. The letter specifically said that it (the letter)
could not be used to determine her immigration status or harm her employment.
Allred, the
democrats, local media and the Brown campaign are using this as their official
“gotcha” moment. All this puts Brown in an interesting position, as he is
still the state Attorney General. Will he use Allred’s outing of the
housekeeper as an illegal as a vehicle to arrest and deport her? Will he use
the letter and the fact that Whitman followed the law to the letter as an
excuse to indict her for knowingly hiring an illegal during the last month of
the campaign? Or will he do what he is doing with the gay marriage crowd, and
simply refuse to enforce the laws of the State of California that he swore an
oath to uphold? Whichever way he goes, expect it to be the done in the most
self-serving manner possible. Allred did her “client” no favors, as she
identified her as an illegal – as someone who has committed a series of
felonies over the course of the last decade. But sacrificing a nameless,
faceless illegal on the altar of electing
her favorite democrat is a small price to pay.
4. 20 Bills. Democrats in congress are planning on moving up to 20 pieces of
legislation during the upcoming lame duck (or Mad Duck) session of congress
following the election. Included will be action on the budget, which they
failed to pass this year for the first time since the new budget rules were
passed in 1974. By refusing to pass a budget this year, the democrat
leadership hopes to take the economy and the outrageous spending they have
shoved through congress since January 2007 off the table, allowing embattled
democrats instead to focus on personal peccadilloes of the conservatives that
oppose them. This is the old Bread & Circuses routine that has served them so
well over the last several decades. Also included in the legislation are cap &
trade; card check; the DREAM Act, legalizing millions of illegal kids; possible
extension of the Bush tax cuts. Regardless of what happens November 2, Pelosi
will retain her House majority
intact. In the senate, on the other hand, up to five senators will change
based on the results of the election. Depending on the state law, candidates
elected to fill empty seats may be sworn in immediately after the election.
Three that come to mind are Delaware, Illinois and West Virginia. Colorado may
be a fourth. If all four end up being Republicans and state law requires
immediate swearing in, Harry Reid’s majority drops instantly to 55 democrats.
Some believe that congressional democrats and the Obama administration are
going to orchestrate a government shutdown in December in an attempt to get
their budget passed before the new congress is sworn in in January. Fight’s
on! Conservatives won’t have a lot of time to enjoy a victory in November, I
expect, as things are going to get ugly in a hurry.
5. Suicide. The latest heart-rending story out of the Lifestyle that Will Not
Shut Up (gay rights) is one about a gay freshman at Rutgers that had a sexual
encounter with another guy sent out over the internet by his roommate and
another girl. Unfortunately, the kid chose to jump off a bridge and commit
suicide rather than take after his roommate and the co-conspirator with a
baseball bat. I do not have sympathy with suicides, as they are ultimate
selfish act. Whatever the problem, there is always another day. Perhaps I am
just a bit old fashioned, but I truly do not have sympathy with the kid that
killed himself. With his parents, absolutely. One of the things you need to
do when sharing a room in a dorm is to set up Rules of Engagement, as that room
is a shared private space. Enforce those rules between the two of you however
you see fit. But you bloody well need to set them up. If the House Rules are
no boinking – regardless of
the sex – there is no boinking. If they are the old “hang a tie on the
doorknob” routine, do that (though I don’t think that is much practiced any
more (40 years later). Otherwise, you may end up with a reprise of the Revenge
of the Nerds where your sexual encounter is broadcast for all to see. The fact
that this kid didn’t do anything to defend himself or wreak vengeance
afterwards on those that did him wrong is particularly troubling. What the
Hell are we raising these days? Then again, this may be an example of Niven’s
Evolution in Action. Either way, it is a tragedy – but not one based on gay
rights or hate crimes.
More later -
- AG
"If ye love wealth better than liberty, the tranquility of servitude better
than the animating contest of freedom, go home from us in peace. We ask not
your counsels or arms. Crouch down and lick the hands which feed you. May your
chains set lightly upon you, and may posterity forget that ye were our
countrymen."
- Samuel Adams, speech at the Philadelphia
State House, August 1, 1776.
Note: Interesting Items can be found at the following locations:
The Alaska Standard http://thealaskastandard.com/
MatSu Valley News http://www.matsuvalleynews.com
District 28 http://www.dist28.com/
subscriber and supporter Elbert Collins at http://thatselbert.wordpress.com/
and the home page: http://home.gci.net/~agimarc
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