Archive for October 6th, 2008

neonsignal writes “Raja Petra Kamarudin, a Malaysian blogger, is in court under the Internal Security Act, under which he can be detained indefinitely. He’s well known for his commentary on the Malaysian government, and was arrested after a piece on the murder of a Mongolian woman, who was allegedly killed by two policeman and an associate of the deputy prime minister.”

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Iddo Genuth writes to tell us that a researcher from Tel Aviv University is exploring the possibility that humans might be able to “see” via their skin. Professor Leonid Yaroslavsky hopes to utilize this possible technology to find solutions for the blind in addition to new types of image capture that might be able to work where conventional lenses fail. Unfortunately he has a long uphill battle ahead to convince others that his theories are possible. “The lenses currently used for optics-based imaging have many problems. They only work within a limited range of electromagnetic radiation. Relatively, these are still expensive devices greatly limited by weight and field of view. The imaging Professor Yaroslavsky has in mind has no lenses and he believes the devices can be adapted to any kind of radiation and wavelength. They could essentially work with a 360-degree field of view and their imaging ability will only be determined by personal power rather than the laws of light diffraction.”

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Sirius XM Radio, Inc. (NASDAQ: SIRI) is making good on its promise to make several programming alternatives available to customers after swallowing rival XM Radio back in July.

While SIRI shares sit below $0.50 this day as the Dow plummets yet again, the company’s newest radio plans are aimed at increasing subscriptions. The new plans are aimed at letting customers have more choice by purchasing programming from both the Sirius side, as well as the XM side.

Looking to boost its revenue and number of subscriptions, Sirius XM Satellite Radio Inc. Thursday announced a range of new programming options that lets subscribers buy programming from both of the recently merged rival services. The “Best of Both” plan actually tips the scales at $16.99/month, which is over $4 higher than the normal $12.95/month subscription. But, that amount does give all XM subscribers to ability to hear Howard Stern while giving Sirius folks the capability to hear Oprah’s satellite show.

But the big news is this: a new $6.99/month plan will grant customers to ability to choose 50 “ala carte” channels from either service. That’s what many of us having been waiting for: we might only want a few channels but don’t want to pay for all of them. If you’ve been on the satellite radio fence for a while, will you jump on board now for less than $7 a month and get your fix? You won’t get Howard or some live sports without additional fees — and only certain radios are supported — so be prepared.

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Will F. Johnston writes “Voters in AK, AR, AZ, CO, DC, FL, GA, HI, IN, KY, LA, MI, MS, OH, PA, TN, TX, and VA must register to vote by tomorrow, October 6, in order to vote in November. Other deadlines coming up soon: IL and NM are October 7. MT is Oct. 6, but you can do same-day registration at the elections office. UT is also Oct. 6, but you can register in person until the 20th.”

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With the entry to sub-orbital flight, and even orbital flight, becoming ever so slightly easier, the obvious thought of space porn kicks in. Who wouldn’t want to see two or more people going at it like rabbits in a weightless environment (or at least trying to go at it like rabbits in a weightless environment)? Sadly, Virgin Galactic has turned down a $1 million offer to do just that. The offer was made by an unidentified party who was willing to put the money up front to do a space porn movie. Considering that a flight aboard VG costs $200,000 for a two-hour flight, $1 million doesn’t seem too bad. Though how much you could actually do and perform in two hours is debatable. And what if one or more of the actors gets sick?

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Owners of senior housing in Edina defaulted, each resident being sued - Minneapolis Star Tribune

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One of the most basic precepts of the U.S. economy is that Gross Domestic Product (GDP) growth depends on the consumer — some 70% of GDP growth, in particular. The U.S. has created two inter-related industry clusters to assure that consumer spending keeps growing. While one continues in full force, the other is failing fast. This is causing consumers to put their spending into reverse, creating an economy-wide recession diet on steroids.

What are these two inter-related industry clusters? The Celebrity Industrial Complex (CIC) assures that we see images of the wealthiest and most celebrated sliver of society — creating a desire to close the gap between us and them. And the Borrowing Industrial Complex (BIC) provides the cash we otherwise couldn’t afford to pay for the goods and services that never quite close that gap. The CIC is still going strong, but with incomes down since 2000, household wealth slashed by $6 trillion, and banks scrambling for capital, the BIC is in cardiac arrest.

Consumers have decided to ignore the psychological pull of the CIC and use whatever money they still have to keep their families alive. While official government statistics don’t show this — perhaps they will when it releases third quarter reports — consumers are slicing back. Gil Colon, sales manager at Villa Reale, a Las Vegas art and furniture store puts it well: “People have lost their confidence. They’ve no buying power. They’re losing their retirements, their vacation funds, and they’re scared to commit to buying anything,” according to The New York Times.

Continue reading Recession diet goes into overdrive

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