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Comment Re:What about digging too? (Score 1, Insightful) 152

Nope, they failed because the Fed suddenly felt like lowering the interest rate to 1% for about 6 years after 9/11.

It was a 1% for 1 year. That's about 6 years...

The problem is lack of regulation. Let the "free market" do whatever it wants and people will fuck it up. It could be malice or it could be incompetence, either way, oversight is needed.

The Almighty Buck

Submission + - SPAM: Giant, flying casinos poised for take off

coondoggie writes: "George Carlin once said if you nail two things together that have never been nailed together before, some schmuck will buy it from you. That seems to be the case this week as the gambling industry is apparently mating with the jumbo aircraft world to create giant flying casinos. First, this week Airbus said it was holding talks with a number of customers interested in converting its superjumbo A380 — the world's biggest passenger plane — into a flying casino. Then the Las Vegas Sands Corp., this week it said it had purchased two L-1011 jet airliners and would be retrofitting to serve as private jets that will chauffeur gamblers to the company's Las Vegas casinos from Asia. [spam URL stripped]"
Link to Original Source

Submission + - Spam King Alan Ralsky under indictment (freep.com)

maxx_entropy writes: Spam King Alan Ralsky under indictment

The U.S. Attorney's Office has scheduled a news conference today to announce the indictment of 11 people in a major Internet spam investigation.
It described the indictment as one of the largest nationwide.
Among the indicted are Alan Ralsky of West Bloomfield, his son-in-law and nine others. They were indicted in Detroit on charges of running an illegal Internet spam operation.


Submission + - Tata Set to Launch World's Cheapest Car

theodp writes: "Ready for one-automobile-per-child (OAPC)? India's giant Tata Group is on the verge of launching the world's cheapest car. The People's Car, slated to be unveiled January 10th at a New Delhi auto show, will carry a sticker price of 100,000 rupees ($2,500), which some analysts say could revolutionize automobile costs worldwide. The cheap car, a pet project of Cornell-trained architect Ratan Tata that he helped design, is aimed at improving driving safety by getting India's masses off their motorbikes and into cars."

Journal SPAM: Digital Astrophotography - Review

In the 80's there were a series of commercials for Reeses Peanut Butter Cups that revolved around the theme of accidental meetings between chocolate and peanut butter. The individuals would realize that the two tastes that they loved separately were even better together. Two great loves for many card carrying geeks are digital photography and astronomy. "


Submission + - Nintendo Wii Fully Hacked at 24C3, runs Homebrew (wiinintendo.net)

cHALiTO writes: "From the site:
The guys over at 24C3 just demoed a Wii hack that is set to provide native Wii homebrew in the near future (not running in GC mode, and with full access to all the Wii hardware!)
They were able to find encryption and decryption keys by doing full memory dumps at runtime over a custom serial interface. Using these keys, they were able to create a Wii 'game' that ran their own code (their demo happened to show live sensor/Wiimote information, amongst a few other things).
Read here and watch video here."


Submission + - New Jersey bans sex offenders from using internet

the_humeister writes: According to the AP, New Jersey has just enacted a new law restricting internet access to sex offenders. Now this wouldn't necessarily be a bad thing save for the fact that "sex offender" now covers such a wide range of actions such that getting caught urinating in public can get you such a label.

Submission + - Tens of Thousands of Adult Website Accounts Hacked (www.icwt.us) 3

Keith writes: "Tens of thousands — or maybe more — accounts to adult websites were recently declared compromised and apparently have been that way since sometime in October, 2007. The issue occurred when the NATS software used to track and manage sales and affiliate revenues was accessed by an intruder, who apparently discovered a list of admin passwords residing on an unsecured office server at Too Much Media, which makes and maintains NATS installations for adult companies. It would appear that Too Much Media knew of the exploit back in October, and rather than fixing the issue tried to bury it by threatening to sue anyone in the adult industry who talked about it."
The Internet

Submission + - Email in the 18th century 2

morphovar writes: More than 200 years ago it was already possible to send messages throughout Europe and America at the speed of an aeroplane — wireless and without need for electricity. The optical telegraph network consisted of a chain of towers, each placed 5 to 20 kilometres apart from each other. Every tower had a telegrapher, looking through a telescope at the previous tower in the chain. If the semaphore on that tower was put into a certain position, the telegrapher copied that symbol on his own tower. A message could be transmitted from Amsterdam to Venice in one hour's time. A few years before, a messenger on a horse would have needed at least a month's time to do the same.

Submission + - Nanosolar ships first $1/watt panels (nanosolar.com)

ThreeGigs writes: "After five years of development and $100 million in funding, solar panel maker Nanosolar has begun shipping their $1.00 per watt panels. At those prices, solar power cheaper than coal has finally become a reality. The bad news? The next 18 months worth of production from their 600,000 square foot facility are already sold. Still, it's a revolution in the making."

Submission + - How to Write Alternate History (associatedcontent.com)

MarkWhittington writes: "Alternate history, or as historians sometimes like to refer to it, counter factual fiction, is a sub genre of science fiction that tells a story set in a universe in which history proceeded on a different course. Lots of people like to read alternate history. Lots of people aspire to write it. There are, however, certain rules and guidelines one should follow if one is to write alternate history successfully. These go beyond the usual stuff about plot, characterization, and description."

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