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Comment: Re:What's the problem? (Score 1) 143

by HornWumpus (#48910893) Attached to: Secret Service Investigating Small Drone On White House Grounds

I'm willing to bet every non-routine transmission is tracked in close proximity to the WH and jammers are always warmed up.

They likely put the drone on a trajectory then ran like Frenchmen. But perhaps I overestimate the feds electronic warfare capabilities. I doubt it. They spend a lot of money on it and have for decades.

Comment: Re:In related news (Score 1) 237

by HornWumpus (#48910807) Attached to: Dish Network Violated Do-Not-Call 57 Million Times

Don't know. I expect the first one to implode to take out any other really weak players, but after that capital flight will help the survivors.

The British Pound is in particularly bad shape. They have been working on fixing their balance sheet for a good decade and report good results. Unfortunately it's all bullshit and accounting tricks. For example: Taking all pensions off-book doesn't help anything.

No better then pretending the SS trust fund is an asset that can be tapped.

In the end it will be who's story becomes laughable first. Lots of capital is looking for safe places to park. Look at the price of productive farmland. That has nothing to do with the price of crops. It's big money buying up land, then renting it to farmers at a short term loss.

Living anywhere, assume some other currency goes first:

Will your currency be taken down by bad overseas debt? Will the appropriate government just declare the losers too big to fail and supply liquidity for 'long enough'?

Will your currency be taken down by lack of domestic confidence? In this case living in a nation of deluded, ego driven 'patriots' will actually be an asset.

I see the best case as inflation, worst case is asset stripping for nations foolish enough to carry debt in a foreign currency. As always it will be 'good to have H-bombs.'

GREAT MOMENTS IN HISTORY (#7): April 2, 1751 Issac Newton becomes discouraged when he falls up a flight of stairs.