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New Spiritually Correct Doll Lets Children Show Where And How Jesus Touched Them

Posted on July 13th, 2013 at 16:00 by John Sinteur in category: Pastafarian News

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700.hq


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If You Put $250 in a Chase “Savings Account,” You’ll Get 12.5 Cents in Yearly Interest — And Maybe Charged $4 a Month

Posted on July 13th, 2013 at 14:25 by John Sinteur in category: Robber Barons

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If you are a working stiff and can squirrel away $250 to put in a Chase “savings account,” Chase will pay you 12.5 cents a year (.05% APY at a “standard rate”). Furthermore, if you don’t make any transactions, they will charge you $4 a month, meaning that you will be left with $202 at the end of a year, plus your 2.5 cents.


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Cartoons

Posted on July 13th, 2013 at 13:59 by John Sinteur in category: Cartoon


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MOL Comfort Incident Photos

Posted on July 13th, 2013 at 13:51 by John Sinteur in category: News

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On June 17, Mitsui O.S.K. Lines’ MOL Comfort began suffering from severe hogging and broke in two while underway from Singapore to Jeddah with a load of 7,041 TEUs. The crew escaped in life rafts and picked up by another merchant vessel.

A great set of pictures, but it reminds me of this


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Creating a military-industrial-immigration complex

Posted on July 13th, 2013 at 10:27 by John Sinteur in category: Do you feel safer yet?

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Until you visit the yearly Expo, it’s easy enough to forget that the U.S. borderlands are today ground zero for the rise, growth, and spread of a domestic surveillance state. On June 27th, the Senate passed the Border Security, Economic Opportunity, and Immigration Modernization Act. Along with the claim that it offers a path to citizenship to millions of the undocumented living in the United States (with many stringent requirements), in its more than 1,000 pages it promises to build the largest border-policing and surveillance apparatus ever seen in the United States. The result, Senator John McCain proudly said, will be the “most militarized border since the fall of the Berlin Wall.”

Yes, that same wall that his hero, Reagan, wanted torn down.

In a world where basic services are being cut, an emerging policing apparatus in the borderlands is flourishing. As Mattea Kramer and Chris Hellman reported at TomDispatch in February, since September 11, 2001, the United States has spent $791 billion on “homeland security” alone, an inflation-adjusted $300 billion more than the cost of the entire New Deal.

But at least this time around, that money is spent on the ‘right’ people.


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Comments:

  1. It’s more employment! Government stimulus! The Great Depression was ended by a War, you know!

Some people, when confronted with a problem, think “I know, I’ll use regular expressions.” Now they have two problems. – jwz

Posted on July 13th, 2013 at 10:10 by John Sinteur in category: News

[One problem across, one problem down]


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At Sears, Eddie Lampert’s Warring Divisions Model Adds to the Troubles

Posted on July 13th, 2013 at 10:07 by John Sinteur in category: News

[Quote]:

In January, eight years after Lampert masterminded Kmart’s $12 billion buyout of Sears in 2005, the board appointed him chief executive officer of the 120-year-old retailer. The company had gone through four CEOs since the merger, yet former executives say Lampert has long been running the show. Since the takeover, Sears Holdings’ sales have dropped from $49.1 billion to $39.9 billion, and its stock has sunk 64 percent. Its cash recently fell to a 10-year low. Although it has plenty of assets to unload before bankruptcy looms, the odds of a turnaround grow longer every quarter. “The way it’s being managed, it doesn’t work,” says Mary Ross Gilbert, a managing director at investment bank Imperial Capital. “They’re going to continue to deteriorate.”

Plagued by the realities threatening many retail stores, Sears also faces a unique problem: Lampert. Many of its troubles can be traced to an organizational model the chairman implemented five years ago, an idea he has said will save the company. Lampert runs Sears like a hedge fund portfolio, with dozens of autonomous businesses competing for his attention and money. An outspoken advocate of free-market economics and fan of the novelist Ayn Rand, he created the model because he expected the invisible hand of the market to drive better results. If the company’s leaders were told to act selfishly, he argued, they would run their divisions in a rational manner, boosting overall performance.

It’s amazing how many problems can be traced back to the phrase “…fan of the novelist Ayn Rand.”


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Comments:

  1. He’s also a former Goldman-Sachs employee, but correlation doesn’t imply causation.

HP Keeps Installing Secret Backdoors in Enterprise Storage

Posted on July 13th, 2013 at 9:52 by John Sinteur in category: News

[Quote]:

For the second time in a month, Hewlett-Packard has been forced to admit it built secret backdoors into its enterprise storage products.

The admission, in a security bulletin posted July 9, confirms reports from the blogger Technion, who flagged the security issue in HP’s StoreOnce systems in June, before finding more backdoors in other HP storage and SAN products.

The most recent statement from HP, following another warning from Technion, admitted that “all HP StoreVirtual Storage systems are equipped with a mechanism that allows HP support to access the underlying operating system if permission and access is provided by the customer.”

While HP describes the backdoors as being usable only with permission of the customer, that restriction is part of HP’s own customer-service rules—not a limitation built in to limit use of backdoors. The entry points consist of a hidden administrator account with root access to StoreVirtual systems and software, and a separate copy of the LeftHand OS, the software that runs HP’s StoreVirtual and HP P4000 products.


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