The investments from cable companies are said to have roots in a desire to expand beyond wired data. In some cases, the cable networks are looking into co-developing handhelds that would tap into the content they already host as part of their TV deals, according to the report. Their investments are likely tied to stakes in Xohm that would allow them to buy bulk access to the WiMAX service for new, related services.

WRONG! They're investing in alternative last mile technologies because it's a fundamental pillar of their strategy to own the last mile. You cannot collude and lever everyone else out of business without controlling it. It has nothing to do with handheld devices and repurposing content. Sure, there might be a handheld device, but that's a red herring. The gold is in being the bridge troll.

Comcast, Google funding Sprint WiMAX network?

Sen. McCain, who was in Paris on Friday, said any breach of passport privacy deserves an apology and a full investigation.

"The United States of America values everyone's privacy and corrective action should be taken," McCain said.

Y'know... unless we need to spy on you without a warrant!

Clinton, Obama, McCain passports breached, State Department says

Communications is also a big part of it. If the high-level objective is to reduce the energy intensity of the U.S. economy, why don't we run fiber-optic cable to everyone's house? That will support applications to allow people to stop commuting.

No shit.

Economics 101 states that in bad times, investment in basics is what pulls you through. Want to prime yourself for the recovery? A long term energy strategy, communications infrastructure (WHICH INCLUDES POLICY/REGULATION REFORM!), and health are all excellent candidates for attention. All three are at crisis stage, and all three can provide the foundation for tremendous growth and innovation for the next 20+ years. Let's get to it!

Investor Eric Janszen Says Clean Tech Is Only Hope for the Collapsing Economy

"[Pronger's] a tough player and an aggressive player," Ottawa Senators defenseman Luke Richardson said to TSN on Friday. "[There's] probably a double standard, I think sometimes if you are a superstar you might get a little bit of a benefit of the doubt, but also works against you that if he plays and he's a repeat offender, sometimes that might work against you, too."

Favoritism? Um yeah. That's why guys like Hatcher and Pronger can get away with shit all the time and no-names get suspended frequently. Just ask Jordin Tootoo.

After NHL's second review of tape, Pronger suspended 8 games

On the verge of a collapse that could have shaken the very foundations of the U.S. financial system, investment bank Bear Stearns Cos. was bailed out Friday by a rival and the federal government. The near-miss raised new alarm about the credit crisis — and whether other big firms might be in jeopardy.

The rescue came from JPMorgan Chase & Co. and, in an extraordinary step, the Federal Reserve, both rushing to pump new money into the venerable Wall Street firm after its financial state deteriorated so much in a 24-hour period that it threatened to fail.
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Bear Stearns stock lost nearly half its market value, about $5.7 billion, in a matter of minutes, and pulled the broader market down with it. The Dow Jones industrial average fell nearly 200 points.

I'd been saying since the beginning of the year when the Gubment initiated the stimulus package that the reason why they did was to prevent one of the big banks from going under due to liquidity problems. Jim Cramer echoed the same sentiment a few nights later after a buddy of mine and I opined on it, but to be honest, I thought it would be Citi. The fact that its Bear Stearns is kinda shocking, since they were touted as being in a position of strength. The good news is that we're closer to the bottom. The bad news is that it's going to be a long long road back up.

The sad thing thats being entirely ignored is that people should be going to jail for this. Not only did the securities industry engage in downright illegal handling (not just unethical or risky), then took $38B (yes, B) in bonuses in 2007 for their handywork, but even CEO Schwartz lied to the market when he said that Bear was liquid. Folks, people bought stock based upon that comment and now they took a 50%+ haircut inside of 15 days. That's bullshit. The people that bought that stock could be your retired grandmother or your own 401k. You should be mad as hell and not wanting to take it anymore.

Near collapse of Bear Stearns sounds new alarm on credit crisis

U.S. financial institutions reported a sizable increase last year in the number of computer intrusions that led to online bank account takeovers and stolen funds, according to data obtained by Security Fix. The data also suggest such incidents are becoming far more costly for banks, businesses and consumers alike.

I'm telling you (as in whoever will listen to me), this is going to seriously undermine the whole economy . Particularly when these types of breaches affect trading markets, it will create FUD about the validity of the market. This is why the Prez has suddenly taken such a serious interest in creating cyber-defense.

Banks: Losses From Computer Intrusions Up in 2007

Wikileaks.org, as it is known, was cut off from the internet following a California court ruling, the site says.

The case was brought by a Swiss bank after "several hundred" documents were posted about its offshore activities.

Information wants to be free. And we're still in transition from a world where information needs to be hidden.

Whistle-blower site taken offline

Emery, 50, said Monday that U.S. prosecutors made the offer to his lawyer for a 10-year-prison term that would mean he would have to spend at least five years in prison, most of it in Canada.

The heavy hand of the US strikes again.

The Canadian Press: Plea deal for Prince of Pot means jail time for marijuana activist in the U.S.

Yer papers please!

Tighter driver's license rules coming out

Reed Tuckson, the principle clinical sponsor of the report for the UHF, said the rankings should encourage individuals to "make appropriate personal health choices, actively support local community-based organizations and institutions, and advocate with elected and public health officials for necessary resources."

REALLY? No shit.

The Health of the Nation: State By State