wall street

July 24, 2011 at 11:22 pm | Posted in Uncategorized | Leave a comment

Get ready guys, August 2nd is 8 days away and wall street is bracing for a possible downgrade of US bonds. If there is a loss of confidence in government debt, interest rates will skyrocket and investors will need more collateral. If they can’t, then THEY default. Also, although most people don’t realize this, most trades are done automatically by computers using learning algorithms. The problem with this is that you can get a cascade-type of effect where selling begets selling and market crashes occur.

Gold, silver, commodities, and bitcoins should hold up well in the event of a market crash, at least in theory.

Anonymous hackers

July 17, 2011 at 8:02 am | Posted in Uncategorized | Leave a comment

More news from the underground. . .

Hacker group “Anonymous” just busted into florida’s voting database and got the pollsters usernames, accounts, and passwords. Also voting records. Here: http://pastebin.com/raw.php?i=AKMhKTvK

These voting machine things aren’t very secure. Not only thats, these things have probably already been hacked before, only we didn’t know it (in my opinion. . .). If Anonymous can get into these things, how secure is our democracy anyway?

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