Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything.
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I canceled the OnStar subscription on my new GMC vehicle today after receiving an email from the company about their new terms and conditions. While most people, I imagine, would hit the delete button when receiving something as exciting as new terms and conditions, being the nerd sort, I decided to have a personal drooling session and read it instead. I’m glad I did. OnStar’s latest T&C has some very unsettling updates to it, which include the ability to sell your personal GPS location information, speed, safety belt usage, and other information to third parties, including law enforcement. To add insult to a slap in the face, the company insists they will continue even after you cancel your service, unless you specifically shut down the data connection to the vehicle after canceling.

Not surprisingly, I even had to scrub the link as it included my vehicle’s VIN number, to tell OnStar just what customers were actually reading the new terms and conditions. Your contact information, billing information, etc. is collected. Nobody cares about tire pressure and crash information being collected – after all, that’s what OnStar is there for. Toward the end, you’ll read about how GPS data is collected, including vehicle speed and seat belt status. Again, in an emergency, this is very useful and most customers want an emergency services business to collect this information – when necessary. And the old 2010 terms and conditions only allowed OnStar to collect this information for legitimate purposes, such as recovering a stolen vehicle, or when needed to provide other OnStar services to customers on demand. As you scroll down the list of information collected, you see that once you get past important emergency services (what we pay OnStar for), OnStar now has given themselves the right to also use this information to stuff their pockets.

Akron Children’s Hospital has opted to drop “OMG” from future advertising after a few complaints over its new billboard in the Montrose shopping area.

The billboard reads “OMG! There’s an Akron Children’s ER in Montrose!” and looks down upon the busy intersection of Route 18 and Cleveland-Massillon Road.

Blogger Cindy Orley felt the sign was a slam against God and began writing about it last week. She and her father, a local minister, voiced concerns to Children’s Hospital.

Hospital leaders say they meant no disrespect and received few complaints but, nevertheless, they will drop OMG from future advertisements.

Keep on rocking in the Free World.


Pic taken by Spencer Depp






Just because hackers now can do what the FBI, CIA, etc have probably been doing for years — looking at your purchases, banking transactions, etc online — doesn’t mean they’ll HAVE to steal your money and charge your credit cards. That would just be rude.

Researchers have discovered a serious weakness in virtually all websites protected by the secure sockets layer protocol that allows attackers to silently decrypt data that’s passing between a webserver and an end-user browser.

The vulnerability resides in versions 1.0 and earlier of TLS, or transport layer security, the successor to the secure sockets layer technology that serves as the internet’s foundation of trust. Although versions 1.1 and 1.2 of TLS aren’t susceptible, they remain almost entirely unsupported in browsers and websites alike, making encrypted transactions on PayPal, GMail, and just about every other website vulnerable to eavesdropping by hackers who are able to control the connection between the end user and the website he’s visiting.

At the Ekoparty security conference in Buenos Aires later this week, researchers Thai Duong and Juliano Rizzo plan to demonstrate proof-of-concept code called BEAST, which is short for Browser Exploit Against SSL/TLS. The stealthy piece of JavaScript works with a network sniffer to decrypt encrypted cookies a targeted website uses to grant access to restricted user accounts. The exploit works even against sites that use HSTS, or HTTP Strict Transport Security, which prevents certain pages from loading unless they’re protected by SSL.

The demo will decrypt an authentication cookie used to access a PayPal account, Duong said.



Click on the image above for .pdf of the whole statement

Today marks the end of “Don’t Ask, Don’t Tell“. The law is repealed. From this day forward Gay and Lesbian soldiers may serve in our Army with the dignity and respect they deserve. Our rules, regulations and policies reflect the repeal guidance issues by the Department of Defense and will apply uniformly without regard to sexual orientation, which is a personal and private matter.

Overdue.


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Executive Producer: Phillip Pfotenhauer

Associate Executive Producers: David C Pugh, Sir Norman McDonough, Tony Marengo
Executive Producers and 340 Club member: Philip Pfotenhauer
Art By: Sir Nussbaum

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0.078%!!!! 2%!!! How much more clear can they be about the reason why Americans are so fat! An obvious implication is that if you never smoked, you will be the fattest, right? Which explains the ‘epidemic’ of fat kids! The statistics don’t lie!!!

New slogan: Light Up to Lighten Up!

There are many reasons behind the doubling of America’s obesity rate over the past 25 years. Foodstamp use is higher, jobs have become more sedentary, populations are more sprawled, etc.

But the biggest factor is the decline in smoking, according to a controversial new paper from NBER.

Professors Charles Baum and Shin-Yi Chou found that smokers were 0.078% less likely to be obese. The declining use of cigarettes explains 2% of the increase in obesity (which is a low number but larger than any other factor).



Obese model Susanne Eman is saying ‘Supersize Me’ for real – in her bid to become the fattest woman ever.

The 728-pound bombshell aims to reach a whopping 1,600lb by guzzling at least 20,000 calories a day…

‘I’d love to find out if it’s humanly possible to reach a ton,’ she said. ‘A previous record holder was 1,600lbs so I have to be at least that…‘At my current rate of growth, I should be 1600-pounds by age 41 or 42…’

‘Two years ago I hit 490-pounds because I was losing my battle against weight gain,’ she said. ‘I noticed I actually started attracting more men, and it made me feel good.’

The unemployed mother – who cannot work because of her weight – claims she stays active by doing simple exercises and having regular health checks…

Despite warnings from her doctor that her bizarre experiment could kill her, Susanne insists she wants to break the record…

Dr Flite said Susanne’s medical checks showed no current problems, adding: ‘She’s capable of making her own decisions. I don’t see any psychiatric problems or anything else wrong.’

No psychiatric problems? Cripes!

Thanks, Ursarodinia


For a change, use this poll and comment space to discuss whether those who can most afford it should be treated the same as the rest of us or should they be treated differently. In other words, ignore the issue of raising taxes vs. cutting spending. That has been discussed to death. This is purely about who pays for what taxes there are. Tied up with this is keeping or eliminating tax loopholes and other things that allow the wealthy to pay less taxes. Discuss!

President Obama will propose that people earning more than $1 million a year pay at least the same tax rate as middle-class earners to help reduce the soaring budget deficit, according to administration officials.

Obama will call the plan the “Buffett rule” after billionaire investor Warren E. Buffett, a supporter of his who recently called the tax system unfair, noting that it lets him pay a lower rate than his secretary does.

The plan would replace the complicated alternative minimum tax, which was enacted decades ago to ensure that the wealthy paid at least some income taxes, according to the officials, who requested anonymity because they were not authorized to discuss the matter publicly.

Obama’s Millionaire Tax Plan

  • Excellent!
  • Insanely bad!
  • Not sure
  • Who cares? Won’t make a difference!

View Results
Acepolls


Or someone let us know since my guess is if a piece lands on you, you might be indisposed.

A five tonne, 20-year-old satellite has fallen out of orbit and is expected to crash somewhere on Earth on or around 24 September, according to Nasa. Nasa says the risk to life from the UARS – Upper Atmosphere Research Satellite – is just 1 in 3,200.

Hurtling at 5m (8km) per second, it could land anywhere between 57 degrees north and 57 degrees south of the equator – most of the populated world. However, most of the satellite will break or burn up before reaching Earth.

Scientists have identified 26 separate pieces that could survive the fall through the earth’s atmosphere, and debris could rain across an area 400-500km (250-310 miles) wide.

Nasa said scientists would only be able to make more accurate predictions about where the satellite might land two hours before it enters the Earth’s atmosphere.

If you dodge that, there’s still camera lenses falling from the sky in Petaluma. Too bad it didn’t happen outside the new TWIT studios when John was there. That would have made for an interesting show.


The first thing you need to know about the U.S. patent system is that it has a backlog of more than 700,000 patents.

The second thing you need to know is that the U.S. Patent and Trademark Office has been so neglected for so many years–essentially robbed of funds by Congress, which reappropriated portions of the agency’s budget for other purposes–that the organization tasked with protecting America’s technological and scientific assets labors with too few staff and a “20-year old technology infrastructure that does not even remotely enable it to take advantage of modern information technology.”

And the most important thing you need to know about the U.S. patent system is that the America Invents Act just passed by Congress doesn’t fix any of this. Nor does it touch the larger issue of whether or not it’s wise to allow inventors to patent business processes and software and then sue the hell out of each other in a cage match that is essentially a tax on innovation.

The major opportunity in this act, aside from the elimination of software patents, was to free the USPTO from the congressional appropriations process, whereby Congress exercises control over the agency’s budget. The USPTO doesn’t use taxpayer money–it’s funded by application fees–and yet it still has to ask Congress for permission to access those funds, giving that body an opportunity to reappropriate them for any other purpose.

Giving the USPTO self-determination over its own budget would have at least allowed it to tackle that 700,000+ backlog of patents. That provision of the bill, which originally appeared in the Senate version, was blocked by House Budget Committee Chairman Rep. Paul Ryan (R-WI) and Appropriations Committee Chairman Hal Rogers (R-KY), who appear to have been confused about the source of the USPTO’s funds. (i.e., not taxpayer dollars.)

Surely no one expected Congressional Republicans to take the time to find out what it was they were saying “NO” to?


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Executive Producer: Anonymous
Associate Executive Producers: Sir John Smith, Kate Marengo
Special Producer Brazil No Agenda Studios: Eric Lieb
Art By: M. Joosten

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