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Fraudster admits to deception in Heartland case->

Submitted by XavierItzmann
XavierItzmann writes "Turns out that the fake Heartland Institute "Strategy Paper" has been circulated by Peter Gleick, director and founder of the Pacific Institute, in what Andy Revkin of the NYT calls "an act that leaves his reputation in ruins and threatens to undercut the cause he spent so much time pursuing.""
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Leaked Heartland Institute Memo Authenticity Questioned->

Submitted by
sithkhan
sithkhan writes "After the explosive leak of the Heartland Institute documents on Thursday, the documents were looked over by a reporter for The Atlantic. Seems all the leaked documents are similar and consistent, with the exception of one: that damning memo.
FTFA:
" 1. All of the documents are high-quality PDFs generated from original electronic files . . . except for the "Climate Strategy" memo. (Hereinafter, "the memo"). That appears to have been printed out and scanned, though it may also have been faxed.
Either way, why? After they wrote up their Top Secret Here's All the Bad Stuff We're Gonna Do This Year memo, did the author hand it to his secretary and say "Now scan this in for the Board"? Or did he fax it across the hall to his buddy?
This seems a strange and ponderous way to go about it--especially since the other documents illustrate that the Heartland Institute has fully mastered the Print to PDF command.
It is, however, exactly what I would do if I were trying to make sure that the document had no potentially incriminating metadata in the pdf."

There's much more to read and consider at the link.

The author gives two caveats, which are somewhat at odds with one another."

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Heartland Doc likley a fake->

Submitted by IIJamesII
IIJamesII writes "Andrew Revkin, one of the first to publicly post documents leaked from the Heartland Institute, before confirming their authenticity, admits that they may have been altered or faked. http://blog.heartland.org/2012/02/andrew-revkin-finds-journalism-religion-after-posting-fraudulent-document/

Interestingly, Revkin refused to publish the climategate emails because he said he respected privacy.
http://dotearth.blogs.nytimes.com/2009/11/20/private-climate-conversations-on-display/

Alan Watts dissects the fakery of one key document here: http://wattsupwiththat.com/2012/02/15/notes-on-the-fake-heartland-document/"

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F.C.C. Bars Lightsquared from Using Airwaves->

Submitted by mc6809e
mc6809e writes "A proposed wireless broadband network that would provide voice and Internet service using airwaves once reserved for satellite-telephone transmissions should be shelved because it interferes with GPS technology, the Federal Communications Commission said Tuesday. The news appears to squash the near-term hopes for the network pushed by LightSquared, a Virginia company that is majority-owned by Philip Falcone, a New York hedge fund manager."
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Comment: Re:Gee, thanks (Score 1) 605

by mc6809e (#38979143) Attached to: TomTom Satnavs To Set Insurance Prices

Wonderful, a system that will save the company a metric fuckton of cash and they'll pass on some unspecified fraction to us. How noble. I'm not saying it's a useless or immoral thing (quite the contrary), but it's hardly cause for public celebration when a company does something to increase their profits and it coincidentally helps the rest of us.

But it isn't just a coincidence, is it?

Comment: Re:Going to the moon, with what money?? (Score 1) 602

by mc6809e (#38831171) Attached to: Candidate Gingrich Pushes a Moon Base, Other Space Initiatives

In America, risk is socialized and profit is privatized. There's your mix of capitalism and socilaism. Perfect harmony, right?

You've got it mostly backwards.

Profits are socialized every quarter in the form of tax payments. And unless you're politically connected, your losses are private.

Comment: Re:you realize one CDO could be a billion dollars (Score 1) 239

by mc6809e (#38788035) Attached to: NinjaVideo.net Founder Gets 14 Months

the fraud perpetrated by Goldman Sachs, Bear Stearns, Lehman Brothers, Merrill Lynch, Morgan Stanley, Deutsche Bank, Citigroup, BNP Paribas, etc, in one single day dwarfed by a dozen fold the fraud this mortgage guy perpetrated in his whole career.

where do you think they sold all those fraudulent mortgages?

  Lehman et al aren't ratings agencies. It was the ratings agencies that vouched for those mortgages. Of course Lehman et al didn't trust those ratings and shorted most of the paper making billions. But they didn't originate the mortgages. It was lending agents and applicants that committed the fraud.

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