Where the world’s richest head at the end of the day… In today’s tough economic climate, Warren Buffett is setting a good example. The world’s second richest man lives in the same five-bedroom, gray stucco house he bought in 1958 for $31,500.
Government subsidies were a big factor in the rollout of broadband in the countries with the fastest Internet service.
While U.S. President Barack Obama’s blackberry has been claimed to be a spy-proof device, the world’s most famous hacker Kevin Mitnick says that it can still be breached.
He said that Obama’s super-secure BlackBerry only makes cracking into it more challenging, but it can still be done.
By Paul Ranger
It has been reported that wireless Hackers/snoops with equipment have been able to capture transactions, and steal customer’s information while being outside of retailers premises, who, use wireless connection when conducting shoppers transactions.
Many stores use outdated encryption method for security even though, they, and the criminals know the old code has been broken. Is it that these shopping outlets do not have the will to upgrade to a more secure system, or perhaps they think it is cheaper to let things remain the way they are. Either way the consumers whose information were compromised will pay the bigger price because of the turmoils they will experience in their lives because if identity theft imposed on them.
I don’t believe in too much government regulations, however when businesses refuse to do the right thing, then, perhaps government should step in and hold these stores responsible for their carelessness. Look below at the story that has me steaming!
US indicts 11 in credit card scheme
A federal grand jury has indicted men in 5 countries for allegedly hacking into computers of 9 retailers and stealing more than 41 million credit and debit card numbers.
By The Associated Press
Authorities have cracked what is believed to be the largest federal hacking and identity theft case ever, involving the theft and sale of more than 41 million credit and debit card numbers…Read the full story At: MSN
If more people get their hands on this device, the Police had better get theirs. Can you imagine trying to enforce the rules of the sky? Watch out for those drunk flying jetpackers! See story below:
What traffic? Go to work on a Jetpack
Meet the Martin Jetpack, a contraption unveiled at a US air show yesterday. It is a real-life version of the toy we all fantasised about as children (and some of us as adults)
By Paul Ranger
The first time it happened was in the early 1970s, I was about 13 years old and Richard Nixon was President. The second time was approximately six years later and Jimmy Carter was in the White House. Now, we have another President and another energy crisis caused not by an “Arab Oil Embargo” as the first two but reportedly by the growth and prosperity of at least two nations in the east, China and India, plus, investors speculation at the prospect of the value of a barrel of oil going upward as demands from these two countries out paces the supply.
Although I was young and uninformed during the first two, in retrospect, I noticed at least one thing which all Americans should take note of also; As soon as the crisis was passed we went back to our old habits which got us in the mess in the first place. It is unfortunate that we did not learn and made adjustments to the way we do business. What ever happened to “Fool me once, shame on you. Fool me twice, shame on me” we’ve gone beyond fool me twice, now what?
Several times above I’ve used the word “we.” “We” is for”we the people of the United States, the Congress of the United States, and the President of the United States. We all have a part to play to make sure we not only get out of this oil mess but stay out for good! We need to change our way of thinking, our habits, and legislation:
If we continue to depend on countries that do not like us, to sell us their oil, then its no wonder they can jerk our chain at will. If we drill for oil in our own land wouldn’t that relieve the need to get it from overseas? The argument has been used that the oil from the middle east was cheaper than domestic production. Consider this then, If the trend continues in world demand for oil which brought us $4.00 per gallon of gas, then, isn’t it possible for it to become $10.00 per gallon? If one of these oil cartels decides for whatever reason to have another Embargo against us again or, if a crisis develops in the east such as a military conflict and all the worst case scenarios happened at the same time, sending gas to $20.00 per gallon. wouldn’t domestic oil be cheaper?
The unreasonable environmentalists (I say unreasonable because, it seems they never want to compromise) who don’t want any more drilling in the U.S. act as though these extreme scenarios are impossible. Two years ago Who would have thought we would see $4.00 per gallon of gas and In my neck of the woods $5.00 for diesel? But, it’s here. Those in Government who are stubbornly standing by the no more drilling policy are putting our nation’s monetary and military health at risk. Think about it congressman, congresswoman and senators.
One thing that was present during the 1970s gas crisis that’s not present now(not yet) are the long lines at gas stations because there was a shortage. As soon as the shortage was over we went back to life as it was before the crisis. Then, over the years gas prices basically stayed in line with rising salaries, therefore, there was no alarm when there were modest increases in the price of fuel. This situation caused the people and the government to become complacent. The energy saving ideas and proposed development in technology to help wean us off foreign oil seemed to fade away. There was no longer a crisis, and thus, no longer an urgency to find solutions. Naturally with the current situation, there is a renewed interest in finding solutions among the private sector, but, there seems to be no alarm on the part of the Government. What is dampening their will to find permanent solutions, could it be the oil giants? Maybe there needs to be long gas lines again to convince them to act. It seems that their only solution is a proposed return to the 55mph speed limit; can you remember Sammy Hagar’s song “I can’t Drive 55” that how I feel about that one.
I’m concerned that if this current crisis was to end tomorrow, we would do as we did in the past, and return to our old habits again. This may seem like a strange thing to say but, maybe, inflated gas prices are a good thing in the long run. The situation will serve as a motivating factor for the continuance of innovation, to convince more auto makers to make fuel efficient vehicles, such as hybrids, or engines that run on hydrogen produced electricity or compressed air, for investors to fund more research to develop more alternative sources of energy to produce electricity for our homes, or to make coal burn cleaner. If gas would return to $.99 per gallon again, complacency would return and our will to become less oil dependant would go away once more.
In recent days the cost of a barrel of oil has dropped and it’s beginning to show at the gas pump. The experts say that it’s also due to consumers walking, taking mass transit, car pooling and riding bicycles. I’m encouraged by this, however, we should not let this decrease cause us to hope for the good old days. Prices can still return to record highs. We should continue to go forward with new ideas, new investments and an increased will to break free. I hope for the day when we can return to our personal vehicles and not have to worry about gas prices and air pollution, but it will never happen if as things get better, we forgot how terrible it was.
The only good thing from soaring oil prices is the start of an energy revolution. From Texas to Tel Aviv inventors and investors are putting their mind and money into clean energy solutions. Shai Agassi for example is making Israel a model of how an entire country can get off gasoline and onto electric cars.
If the Rumors in the story below are true? I’m not so sure it would be a good thing for one company to acquire all the important high traffic sites around town. Competition lessens. Or, maybe I should get busy building my own social site so I can get bought out by Google and retire early.
Google close to buying social news site Digg: report
Rumours that user-driven news website Digg is close to being sold to Google Inc. have resurfaced, with the internet search leader reportedly offering around $200 million US for the social news site.