Posted by on under obama mccain, york daily record, barack obama, sarah palin, seattle times, internatial, electi, reuters, collapse, herald tribune, nbsp, news articles, bounce, pennsylvania |

Tagi: obama mccain, york daily record, barack obama, sarah palin, seattle times, internatial, electi, reuters, collapse, herald tribune, nbsp, news articles, bounce, pennsylvania
Posted by on under market meltdown, presidential challenge, challenge ends, gzipped tar, president bush, calamity, gas prices, collapse, twin cities, tuesday october, genius, lame duck, free software |

gzipped_tar writes to tell us that The Codeweavers "Great American Lame Duck Presidential Challenge" has ended in surprise and free software all day Tuesday (October 28, 2008) at the Codeweavers site. A while back Codeweavers gave President Bush a challenge to meet one of several goals before he left office. One of these goals was to lower gas prices in the Twin Cities below $2.79 a gallon, which has since transpired. "How was I to know that President Bush would take my challenge so seriously? And, give the man credit, I didn't think there was *any* way he could pull it off. But engineering a total market meltdown - wow - that was pure genius. I clearly underestimated the man. I'm ashamed that I goaded him into this and take full responsibility for the collapse of any savings you might have. Please accept our free software as my way of apologizing for the global calamity we now find ourselves embroiled in."

Read more of this story at Slashdot.


Tagi: market meltdown, presidential challenge, challenge ends, gzipped tar, president bush, calamity, gas prices, collapse, twin cities, tuesday october, genius, lame duck, free software
Posted by on under market meltdown, presidential challenge, challenge ends, gzipped tar, president bush, calamity, gas prices, collapse, twin cities, tuesday october, genius, lame duck, free software |

gzipped_tar writes to tell us that The Codeweavers "Great American Lame Duck Presidential Challenge" has ended in surprise and free software all day Tuesday (October 28, 2008) at the Codeweavers site. A while back Codeweavers gave President Bush a challenge to meet one of several goals before he left office. One of these goals was to lower gas prices in the Twin Cities below $2.79 a gallon, which has since transpired. "How was I to know that President Bush would take my challenge so seriously? And, give the man credit, I didn't think there was *any* way he could pull it off. But engineering a total market meltdown - wow - that was pure genius. I clearly underestimated the man. I'm ashamed that I goaded him into this and take full responsibility for the collapse of any savings you might have. Please accept our free software as my way of apologizing for the global calamity we now find ourselves embroiled in."

Read more of this story at Slashdot.


Tagi: market meltdown, presidential challenge, challenge ends, gzipped tar, president bush, calamity, gas prices, collapse, twin cities, tuesday october, genius, lame duck, free software
Posted by on under boing boing, philip greenspun, dan gillmor, th number, investment banks, financial reforms, bds, collapse, leverage, wall street, collateral, taxpayers, money |

Philip Greenspun explains how Wall Street makes billions -- by bilking taxpayers. Because of the Collapse of 2008 financial reforms, the big investment banks are able to borrow money from the U.S. government at 0 percent interest. Then they can turn around and buy short-term bonds that pay 2 or 3 percent annual interest. Now they’re making 2 percent on whatever they borrowed. They can use leverage to increase this number, by pledging some of the bonds that they’ve already bought as collateral on additional bonds. How Wall Street is making its billions (Via Dan Gillmor)...

Tagi: boing boing, philip greenspun, dan gillmor, th number, investment banks, financial reforms, bds, collapse, leverage, wall street, collateral, taxpayers, money
Posted by on under tossing stones, aerospace engineering, weird science, physical review letters, impactor, comex, arxiv, dynamic nature, cavity, nozzle, airflow, sash, analogue, perimeter, aps, collapse, occurrence, anatomy, puzzle, physics |

Interoperable writes "Researchers in Spain and the Netherlands add another piece to a centuries-old puzzle in physics: the dynamics of an object falling into water. This common occurrence has a complex anatomy that includes a thin 'crown splash' around the perimeter of the impact, a deep cavity of air following the impactor, and a high, narrow jet of water that results from the collapse of the cavity. The new research, recently published in Physical Review Letters, demonstrates that airflow through the neck of the collapsing cavity reaches supersonic speeds despite low relative pressures between the air in the cavity and ambient pressure. Such an effect has no analogue in aerospace engineering or other sciences because of the highly dynamic nature of the collapsing nozzle structure." It's funny that the APS wants to charge non-subscribers $25 to download what is available for free on the arXiv.

Read more of this story at Slashdot.



Tagi: tossing stones, aerospace engineering, weird science, physical review letters, impactor, comex, arxiv, dynamic nature, cavity, nozzle, airflow, sash, analogue, perimeter, aps, collapse, occurrence, anatomy, puzzle, physics