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Comment Re:Good job guys (Score 3, Informative) 276

That's because the next time it won't be with carpet knives.

No, it's because hijacking of airplanes ended on 9/11. Unless you can get more hijackers than passengers onto a plane (or at least enough hijackers to physically overpower the passengers) it can no longer work. It only worked before because passengers figured if they just went along all would end well and they would be - at worst - inconvenienced. That changed on 9/11/2001.

There have been people try to hijack planes since then. Here's one story:

http://news.investors.com/ibd-...

6 people tried to hijack a plane - 4 of them survived. I probably don't have to explain it but the other 4 didn't exactly "meet their objectives" if you know what I mean.

Here's a guy who actually had a gun on the plane - I think he was the one who's life was saved by the police who stormed the plane after it landed. He had boiling water thrown on him before the beating:

http://www.washingtonpost.com/...

Again, he had two guns, it didn't matter.

Hijacking was ruined by Mohammed Atta and friends 13 years ago. Since then we had the shoe bomber (failed) and Smokey the Terrorist who set fire to his own penis (brilliant) before being subdued by the other passengers. Even on Flight 77 over Pennsylvania on 9/11/2001 the passengers found out what was going on, but the hijacker was able to ditch the plane before they breached the cabin door. The sap that they had left out to keep an eye on the passengers was burned with boiling water and beaten with a fire extinguisher - keep that in mind in case you have stupid hijacking friends and they want to lock you outside the cabin.

Comment Re: Sorry, not corporate enough. (Score 3, Informative) 69

You're probably unaware that the GP specifically used 'HSBC' because they were caught laundering trillions of dollars of drug money and nobody was indicted.

He probably isn't unaware of that. He may well have actually read the indictment itself or a detailed summary of it, which made clear that the US case was very weak to the point of hardly working at all. In particular, not only did they fail to clearly establish that drug money was really moving (their case was "there is so much cash, some of it must be from cartels") but in particular they failed to show intent by HSBC execs to help drug cartels. Actually their case boiled down to HSBC didn't try hard enough, they weren't suspicious enough, etc. (I'm ignoring the Iranian transactions here which gets into issues of international jurisdiction, as you only brought up drugs).

The reason you think the are guilty is twofold. Firstly US anti money laundering laws are unbelievably extreme. The PATRIOT Act removed the need to have intent to be found guilty of money laundering. Bankers can now be found guilty of AML violations even if they genuinely tried hard and had no intent to break the law. Hence the accusations from the DoJ that were of the form "HSBC should have designated Mexico as high risk", etc. Secondly as part of the plea agreement HSBC had to act guilty and accept whatever the DoJ said about them. So you only heard one side of the story, the prosecutions side (except there was no court case). No surprises that you think the whole thing is cut and dried.

It's no crime to be ignorant of such things, but just try not to hold any policy positions on the subject.

Given that there was never any court case and HSBC was never able to defend themselves, pretty much everyone is ignorant in this case because we never heard the full story. But I'm pretty sure if DoJ had emails from HSBC execs that looked like the ones from BitInstant there would indeed have been prosecutions.

Comment Re:Enforcing pot laws is big business (Score 5, Informative) 484

still, legalizing it would be the better option, Colorado already proved that with the tax revenue they brought in from legalized marijuana, plus it frees up law enforcement to pursuit more serious crimes, empties jails and prisons of otherwise law abiding citizens that were only merely in possession or smoking a small amount of herb, i hope this forces the federal Govt to finally realize that marijuana should be legalized just like alcohol (legal for any adult, and no driving under the influence)

The problem is that federal Byrne grants are very lucrative and legalized marijuana is probably a losing proposition financially for states. Or, at least, for police agencies. Ever wonder why the officers on COPS turn into raving lunatics looking for drugs every time they pull some poor guy over? I mean, seriously, they act like addicts looking for a fix. The reason is that if they find drugs they make money from the feds, so every little joint is worth money.

We've set up a system of perverse incentives. Apparently in Nebraska it's reached the point that subsequent arrests for drugs aren't yielding more federal dollars so it's not worth it to them.

The Courts

Colorado Sued By Neighboring States Over Legal Pot 484

A reader notes that Nebraska and Oklahoma are suing Colorado over marijuana legalization. The attorneys general of Nebraska and Oklahoma sued Colorado in the U.S. Supreme Court on Thursday, arguing state-legalized marijuana from Colorado is improperly spilling across state lines. The suit invokes the federal government's right to regulate both drugs and interstate commerce, and says Colorado's decision to legalize marijuana has been "particularly burdensome" to police agencies on the other side of the state line. In June, USA TODAY highlighted the flow of marijuana from Colorado into small towns across Nebraska: felony drug arrests in Chappell, Neb., just 7 miles north of the Colorado border have skyrocketed 400% in three years. "In passing and enforcing Amendment 64, the state of Colorado has created a dangerous gap in the federal drug control system enacted by the United States Congress. Marijuana flows from this gap into neighboring states, undermining plaintiff states' own marijuana bans, draining their treasuries, and placing stress on their criminal justice systems," says the lawsuit. "The Constitution and the federal anti-drug laws do not permit the development of a patchwork of state and local pro-drug policies and licensed distribution schemes throughout the country which conflict with federal laws."
Yahoo!

Marissa Mayer's Reinvention of Yahoo! Stumbles 222

schnell writes The New York Times Magazine has an in-depth profile of Marissa Mayer's time at the helm of Yahoo!, detailing her bold plans to reinvent the company and spark a Jobs-ian turnaround through building great new products. But some investors are saying that her product focus (to the point of micromanaging) hasn't generated results, and that the company should give up on trying to create the next iPod, merge with AOL to cut costs and focus on the unglamorous core business that it has. Is it time for Yahoo! to "grow up" and set its sights lower?

Submission + - AnandTech bought by Purch, same owner as Tom's Hardware

DrunkenTerror writes: Following founder Anand Lal Shimpi's departure a few months back, seminal tech site AnandTech has been bought by Purch, the same company that owns their 1990s era competitor, Tom's Hardware. Long-time readers shouldn't worry, however, since "AnandTech and Tom’s Hardware remain editorially independent, and though no longer competitors, the goal is to learn from one another. "

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