"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Tuesday, July 12, 2011

World News!

  • Canada has withdrawn from the UN Conference on Disarmament, a permanent 65-member-nation conference on nuclear disarmament.  North Korea is the current chair of the conference, and Foreign Affairs Minister John Baird has stated "North Korea is simply not a credible chair of a disarmament body.  The fact that it gets a turn chairing a United Nations committee focused on disarmament is unacceptable, given the North Korean regime's efforts in the exact opposite direction."
European Union
  • Supporters of the Syrian government stormed the US and French emgassies in Damascus, and then the residence of the US ambassador.  One building was damaged, but there were no injuries to embassy personnel and Marine Corp guards were able to disperse the - shall we say it? - "armed terror mob".[1]
United States
  • Cisco Systems Inc has announced plans to eliminate around 10,000 jobs - about 14% of it's work force - to revive profit growth.  The company plans to release more details during its August 11 earnings conference call.
  • Anonymous is back in the news, this time for hacking Booz Allen Hamilton, a US military contractor that offers "cybersecurity solutions".  They plan to release some 90,000 military email logins.
  • In "gun control fail" news, Arizona state Senator Lori Klein made news when she carried a loaded handgun into the state Capitol - which is, by definition, an illegal action.  Her attempts to become a flash point for handgun rights may have been hampered when she later pointed the loaded handgun (which has a laser sight but no safety) at a reporter, while stating "Oh, it's so cute."  She then said the reporter didn't need to worry because "I just didn't have my hand on the trigger."
[1]  Of course, given the general lack of response from Syrian security forces, and the general popularity of Brutal Dictator[2] Assad, it is probably not irrational to assume that the "supporters" were Syrian security forces.
[2]  Excuse me.  That was a typo.  Clearly, I meant to type "President".

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