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Obama may get power to shut down Internet without court
A bill giving the president an Internet “kill switch” during times of emergency that failed to pass Congress last year will return this year, but with a revision that has many civil liberties advocates concerned: It will give the president the ability to shut down parts of the Internet without any court oversight.
The Protecting Cyberspace as a National Asset Act was introduced last year by Sens. Joe Lieberman (I-CT) and Susan Collins (R-ME) in an effort to combat cyber-crime and the threat of online warfare and terrorism.
Critics said the bill would allow the president to disconnect Internet networks and force private websites to comply with broad cybersecurity measures. Future US presidents would have those powers renewed indefinitely.
According to a report Monday at CNET News, the bill will be back on the Senate agenda in the new year. But a revision introduced into the bill in December would exempt the law from judicial oversight. According to critics, this change would open the law to politically-motivated abuse by any administration, no matter Read more…
Mexico to pioneer iris technology on ID cards
Its only a matter of time until the U.S. moves to this widespread technology.
Mexico will on Monday become the first country to start using iris scans for identity cards, according to the government, which claims the scheme will be highly secure.
“The legal, technical and financial conditions are ready to start the process of issuing this identity document,” Felipe Zamora, responsible for legal affairs at the Mexican Interior Ministry, told journalists Thursday.
The documents, which will include the eye’s image as well as fingerprints, a photo and signature, will be 99 percent reliable, Zamora said.
Critics, including the National Human Rights Commission, have slammed the system, expressing concern that compiling personal data could violate individual rights.
The move will be introduced gradually, with some 28 million minors taking part in a first two-year stage, due to cost 25 million dollars.
The cards are due to start for adults from 2013.
Iris recognition is increasingly used in airports, controlling access to restricted areas, and prisoner booking and release.
All the volcano webcams of the world
Pacific
Kilauea – info – webcams: Pu’u O’o | Thanksgiving Eve Breakout | Halema`uma`u Crater from HVO | Halema`uma`u Crater overlook
Mariana Islands (United States)
Western/Southern Pacific
World needs $100 trillion more credit, says World Economic Forum
The world’s expected economic growth will have to be supported by an extra $100 trillion (£63 trillion) in credit over the next decade, according to the World Economic Forum.
This doubling of existing credit levels could be achieved without increasing the risk of a major crisis, said the report from the WEF ahead of its high-profile annual meeting in Davos.
But researchers warned that leaders must be wary of new credit “hotspots”, where too much lending takes place, as the world emerges from a financial catastrophe blamed in large part “to the failure of the financial system to detect and constrain” these areas of unsustainable debt.
“Pockets of credit grew rapidly to excess – and brought the entire financial system to the brink of collapse,” said the report, written in conjunction with consulting firm McKinsey. “Yet, credit is the lifeblood of the economy, and much more of it will be needed to sustain the recovery and enable the developing world to achieve its growth potential.”
The global credit stock has already doubled in recent years, from $57 trillion to $109 trillion between 2000 and 2009, according to the report.
The WEF said the continued demand for credit could be met “responsibly, sustainably – and with fewer crises”. However, it cautioned that to achieve this goal, financial institutions, regulators, and policy makers need more robust indicators of unsustainable lending, risk, and credit shortages.
China used downed U.S. fighter to develop first stealth jet
China was able to build its first stealth bomber using technology gleaned from a downed U.S. fighter, it has been claimed.
Beijing unveiled its state-of-the-art jet – the Chengdu J-20 – earlier this month.
Military officials say it is likely the Chinese were able to develop the stealth technology from parts of an American F-117 Nighthawk that was shot down over Serbia in 1999.
Lift-off: China’s J-20 stealth plane has made a successful test flight. Military officials say it is likely the Chinese were able to develop the stealth technology from parts of an American F-117 Nighthawk that was shot down over Serbia in 1999
It was during Nato’s aerial bombing of Serbia during the Kosovo war, that an anti-aircraft missile shot a Nighthawk (pictured). It was the first time one of the ‘invisible’ fighters had ever been hit
During Nato’s aerial bombing of the country during the Kosovo war, a Serbian anti-aircraft missile shot the Nighthawk. It was the first time one of the ‘invisible’ fighters had ever been hit.
The Pentagon believed a combination of clever tactics and luck had allowed a Soviet- Read more…
Massive Filament Eruption Jan 24th
Massive Filament Eruption on the solar corona as spotted on the SDO website yesterday and subsequent solar tsunami effects show a powerful event .
Middle Class Shrinking; Poverty Class Expanding
No Jobs, No Hope, No Future: 27 Signs That America’s Poverty Class Is Rapidly Becoming Larger Than America’s Middle Class
In the America that most of us grew up in, most Americans considered themselves to be part of the “upper middle class”, the “middle class” or “the lower middle class”. Yes, there have always been poor people and homeless people, but they were thought to be a very small sliver of the population. Well, today all of that is dramatically changing. America’s emerging “poverty class” is exploding in size at the same time that America’s middle class is rapidly disappearing. You won’t hear it on the mainstream news, but the truth is that the United States has lost ten percent of its middle class jobs over the past decade. Only the top 5 percent of income earners in the U.S. has had their incomes increase enough to keep up with the rising cost of living over the past 40 years. The truth is that today there are a whole lot of people aggressively jostling for the small number of good jobs that are actually available and each year millions more Americans are being squeezed out of the middle class. The number of Americans that are financially dependent on the U.S. government continues to set new records month after month. The number of Americans that are participating in the labor force continues to go down. The sad reality is that the “American Dream” that so many Americans used to take for granted is being ripped away from us. If you still believe that the United States is guaranteed to always have a very large, very prosperous middle class then you really need to read the statistics listed below.
If you told most Americans ten years ago that in 2011 over 43 million Americans would be on food stamps hardly anyone would have believed you.
But yet here we are.
The U.S. economy simply is not producing enough good jobs anymore. Most of those that are able to acquire one of these jobs have been able to cling to middle class status, but for millions upon millions of others economic desperation has become “the new normal”.
In fact, more Americans than ever seem to have Read more…
Moscow Airport Bombing kills 35: Domodedovo security “soft”
A suspected ‘black widow’ is said to be behind the suicide blast in Russia’s busiest Domodedovo International Airport in which at least 35 were killed and 178 injured, reports said today.
One of the eyewitnesses questioned by the investigators said he had seen how the hand baggage of a woman dressed in black exploded, according to Interfax.
“The eyewitness declared that the young woman was dressed in black and the explosives were in the bag or suitcase on the floor next to her,” a source was quoted as saying by the agency. It said the security agencies were aware of the possible terror attacks, and were looking for ‘Black Widows’ of the slain militants from the Caucasus, who had carried out all suicide attacks in past, including twin blasts in Moscow metro stations in March 2010.
Investigators say that the bomb blast in the arrival hall overnight, which killed at least 35 people and injured more than 100, was detonated by a suicide bomber.
Airports around the world are likely to boost security checks in the wake of Monday’s deadly bombing in Moscow, experts say.
Eyewitnesses describe horrific scenes. Read more…
Postal Service Eyes Closing Thousands of Post Offices
HOLMES MILL, Ky.—The U.S. Postal Service plays two roles in America: an agency that keeps rural areas linked to the rest of the nation, and one that loses a lot of money.
Now, with the red ink showing no sign of stopping, the postal service is hoping to ramp up a cost-cutting program that is already eliciting yelps of pain around the country. Beginning in March, the agency will start the process of closing as many as 2,000 post offices, on top of the 491 it said it would close starting at the end of last year. In addition, it is reviewing another 16,000—half of the nation’s existing post offices—that are operating at a deficit, and lobbying Congress to allow it to change the law so it can close the most unprofitable among them. The law currently allows the postal service to close post offices only for maintenance problems, lease expiration’s or other reasons that don’t include profitability.
The news is crushing in many remote communities where the post office is often the heart of the town and the closest link to the rest of the country. Shuttering them, critics say, also puts an enormous burden on people, particularly on the elderly, who find it difficult to travel out of town.
The postal service argues that its network of some 32,000 brick-and-mortar post offices, many built in the horse-and-buggy days, is outmoded in an era when people are more mobile, often pay bills online and text or email rather than put pen to paper. It also wants post offices to be profitable to help it overcome record $8.5 billion in losses in fiscal year 2010.
A disproportionate number of the thousands of post offices under review are in rural or smaller suburban areas, though the postal service declined to provide any estimate on how many beyond those slated to begin closure in March might ultimately close or which ones are being targeted. “We want to make the smartest decisions possible with the smallest impact on communities,” Dean Granholm, vice president for delivery and post office operations, said in an interview. He said the agency is identifying locations that are operating at a deficit and looking “for the opportunity to start the process of closing.” Read more…
Quantitative Easing Causing Food Prices to Skyrocket
As I’ve previously noted, interest rates have risen both times after the Fed implemented quantitative easing.
Graham Summers points out that food prices have also skyrocketed both times:
In case you’ve missed it, food riots are spreading throughout the developing world Already Tunisia, Algeria, Oman, and even Laos are experiencing riots and protests due to soaring food prices.
As Abdolreza Abbassian, chief economist at the UN’s Food and Agriculture Organization (FAO), put it, “We are entering a danger territory.”
Indeed, these situations left people literally starving… AND dead from the riots.
And why is this happening?
A perfect storm of increased demand, bad harvests from key exporters (Argentina, Russia, Australia and Canada, but most of all, the Fed’s money pumping. If you don’t believe me, have a look at the below chart: Read more…
![[Most Recent Quotes from www.kitco.com]](https://i0.wp.com/www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](https://i0.wp.com/www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
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