"I don't think the report is true, but these crises work for those who want to make fights between people." Kulam Dastagir, 28, a bird seller in Afghanistan
The Volokh Conspiracy - Does the Border Search Doctrine Apply To Searching Computers if the Government Moves the Computer Away from the Border Before Searching It?:
Topic: Miscellaneous
11:37 am EST, Mar 3, 2009
When a search is removed in time and place from the border, the courts have repeatedly held that this represents a greater intrusion on the person requiring that under the totality of the circumstances, customs officers had reasonable suspicion of criminal activity in order to justify the search.
In my opinion, which I've explained at length in numerous places, is that a detailed forensic analysis of a computer is a non-routine search and requires reasonable suspicion. It doesn't really matter whether the analysis occurred at the border or whether the computer was moved to a different location - however, the fact that the computer had to be moved is a indicator that this is a search which is far more intrusive than a "routine" search. Thus, the decision here is appropriate.
noteworthy wrote: I don't mean to agitate, but it's interesting how the public demand for honesty and realism appears to be inversely proportional to the performance of the major indexes. In 2007, when the Dow first broke 12600, I doubt many people were saying: "after a fifty percent increase in the 'value' of the economy it's about damn time these people stopped blowing smoke and come clean about what the situation is so that the rest of us can make informed decisions." And the few people who asked such questions found themselves the laughingstock of Wall Street and Main Street alike.
Thats certainly true. Barry Ritholtz, who I started reading after DMV memed him a few times, called DOW 6800 in 2006, and was "the most bearish position of all 76 strategists in The BusinessWeek Market Survey." His view today on that call is "Prescient: The analysis as to what was structurally wrong in the economy, and what was likely to go eventually cause major problems. But the timing? Not so much." But when you've passed the most bearish estimate, what is left but the estimates being offered by the guys who are stockpiling guns?
It began as a sub-prime surprise, then became a credit crunch and is now a global financial crisis. At last month's World Economic Forum at Davos there was much finger-pointing - Russia and China blamed the US, everyone blamed the bankers, the bankers blamed everyone - but little in the way of forward-looking ideas. From where I was sitting, most attendees were still stuck in the Great Repression: deeply anxious, but fundamentally in denial about the nature and magnitude of the problem.
P/Es & Yields on Major Indexes - Markets Data Center - WSJ.com
Topic: Miscellaneous
5:39 pm EST, Mar 2, 2009
Trailing P/E Year Ago Forward
Dow Industrial 22.43 51.57 10.81
S&P 500 13.66 19.63 11.90
This link is extremely useful. DJIA still looks expensive by this measure! I don't understand why Forward P/Es would be down. Does that assume earnings growth? We're in a contraction, so I don't know how reliable that is.
You have no Fifth Amendment right to encryption keys
Topic: Miscellaneous
8:25 pm EST, Mar 1, 2009
Resolved: The government can force you to decrypt files so long as it knows that you know how to decrypt them. The "logic" here is that the act of decrypting the files doesn't, in and of itself, teach the government something that they didn't already know. The content of those files might teach the government something new, but that content didn't come out of your head, and so it doesn't fall under the scope of what is protected by the 5th amendment - only the decryption key.
Bottom line: Through the magic of technology and legal sophistry people can now be compelled to provide reams of self incriminating evidence to the government while our Constitution simultaneously maintains that people will never be forced to testify against themselves.
Whatever social ill is caused by the later will obviously be caused by the former. It is, in fact, possible for the legal system to paint itself into a corner where it reaches a conclusion that undermines its own values. It has done so in this case.
On February 10 at approximately 1656 GMT, the Iridium 33 and Cosmos 2251 communications satellites collided over northern Siberia. The impact between the Iridium Satellite LLC-owned satellite and the 16-year-old satellite launched by the Russian government occurred at a closing speed of well over 15,000 mph at approximately 490 miles above the face of the Earth. The low-earth orbit (LEO) location of the collision contains many other active satellites that could be at risk from the resulting orbital debris.
The following videos, interactive 3D Viewer files, 3D models, and high-resolution images are available to better understand this event.
See also:
... POSSIBLE SATELLITE DEBRIS FALLING ACROSS THE REGION...
Scott Burkett’s Pothole on the Infobahn » Wifi Cat: The Backstory
Topic: Business
9:54 am EST, Feb 27, 2009
The following is my account of the Wifi Cat ruse we pulled off last week at Startup Riot 2009 in Atlanta. This is from memory, so the timeline may be a bit off here or there - but it will give you the gist.