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12月26日

Welcome to my Nightmare

I have often described the various aspects of the dystopia we are accelerating towards at exponential speed, on this blog as well as in the real world. I've gone to great lengths to espouse the dangers of our creativity and tendancy toward individualism. John Robb gave a name to my fear - "Superempowerment", but the concept was already well formed in my mind long before I ventured into the digital. I have known for a long time that the threat of nuclear annihilation was dwarfed by something far more insideous - DIY genetic engineering.
 
I first became aware of the danger in 1994, though at the time, my concern was with governments developing these bio weapons for use against eachother. How niave and short-sighted I was back then. I imagined that technology was a tool of man, that it could be controlled. I imagined that only a vast, powerful government (or maybe a megacorporation) was the real threat. This world view would be shattered only 1 year later, when I first heard about the radioactive boy scout. That was the second piece of the puzzle, but I still was not overly concerned. Afterall, nuclear materials were still tightly controlled, and nuclear weapons were still prohibitively expensive. Even if the will might exist in an individual, the ones who were both gifted enough and willing to act with malice would be excluded from access by the machinery of government and still present no real risk.
 
It wasn't until 1999, when everyone was busy scaring themselves with Y2K that I understood the real danger - some day desktop computers will be able to genetically engineer viruses at home. 1999 was also the year Eric Harris and Dylan Klebold executed 12 of their classmates and 1 teacher before finally taking their own lives. I realized it was only a matter of time before some disgruntled teenager who was sick of getting his head flushed down the toilet and wiped out the human race.
 
Of course, everyone thought I was crazy. "That technology doesn't exist" they told me. "Even if it did, nobody would ever do something like that." Its days like today that I really loathe myself. Don't get me wrong, I really like being right - it's good for the ego, especially when everyone (and I do mean everyone) calls you crazy. The problem is, every time I am right, it's always something bad. Read on:
 
 

SAN FRANCISCO – The Apple computer was invented in a garage. Same with the Google search engine. Now, tinkerers are working at home with the basic building blocks of life itself.

Using homemade lab equipment and the wealth of scientific knowledge available online, these hobbyists are trying to create new life forms through genetic engineering — a field long dominated by Ph.D.s toiling in university and corporate laboratories.

In her San Francisco dining room lab, for example, 31-year-old computer programmer Meredith L. Patterson is trying to develop genetically altered yogurt bacteria that will glow green to signal the presence of melamine, the chemical that turned Chinese-made baby formula and pet food deadly.

"People can really work on projects for the good of humanity while learning about something they want to learn about in the process," she said.

So far, no major gene-splicing discoveries have come out anybody's kitchen or garage.

But critics of the movement worry that these amateurs could one day unleash an environmental or medical disaster. Defenders say the future Bill Gates of biotech could be developing a cure for cancer in the garage.

Many of these amateurs may have studied biology in college but have no advanced degrees and are not earning a living in the biotechnology field. Some proudly call themselves "biohackers" — innovators who push technological boundaries and put the spread of knowledge before profits.

In Cambridge, Mass., a group called DIYbio is setting up a community lab where the public could use chemicals and lab equipment, including a used freezer, scored for free off Craigslist, that drops to 80 degrees below zero, the temperature needed to keep many kinds of bacteria alive.

Co-founder Mackenzie Cowell, a 24-year-old who majored in biology in college, said amateurs will probably pursue serious work such as new vaccines and super-efficient biofuels, but they might also try, for example, to use squid genes to create tattoos that glow.

Cowell said such unfettered creativity could produce important discoveries.

"We should try to make science more sexy and more fun and more like a game," he said.

Patterson, the computer programmer, wants to insert the gene for fluorescence into yogurt bacteria, applying techniques developed in the 1970s.

She learned about genetic engineering by reading scientific papers and getting tips from online forums. She ordered jellyfish DNA for a green fluorescent protein from a biological supply company for less than $100. And she built her own lab equipment, including a gel electrophoresis chamber, or DNA analyzer, which she constructed for less than $25, versus more than $200 for a low-end off-the-shelf model.

Jim Thomas of ETC Group, a biotechnology watchdog organization, warned that synthetic organisms in the hands of amateurs could escape and cause outbreaks of incurable diseases or unpredictable environmental damage.

"Once you move to people working in their garage or other informal location, there's no safety process in place," he said.

Some also fear that terrorists might attempt do-it-yourself genetic engineering. But Patterson said: "A terrorist doesn't need to go to the DIYbio community. They can just enroll in their local community college."

The future is here folks, and it's every bit as dark as I have always imagined.

Merry Christmas.

12月12日

Ravening Wolves

Some of you may have heard a faint "boom" over the horizon this week. Well that was the sound of a $50 Billion dollar hedge fund exploding in it's investors' faces. $50B just evaporated overnight when Bernard Madoff got busted for running what will likely turn out to be the largest scam in history. Let me see if I can lay it out for you:
 
Berny takes an investment from client "A". Then he takes a larger investment from clients "B" and "C", using that investment to pay off client "A". Classic "ponzi" scheme. But this is where it gets tricky. He takes all of that money that he's accumulated, then invests it all in the modern day Frankenstein's monster: Mortgage-backed securities. The market changes, forclosures pile up, mortgage-backed securities become worthless, and all of that money evaporates.
 
So now Berny is stuck owing a lot of powerful people a lot of money. And now he's in jail.
 
But let's be clear about something here: Madoff got lucky. Yes, you read that right. LUCKY. Considering some of the people he ripped off (university endowments, "prominent" New Yorkers), he's lucky he didn't "slip in the shower" or "die of a heart attack". And I assure you, Madoff is only the first to fall.
 
You see, some of these investors are getting scared. They are going to their hedge funds and saying "cough it up", but a lot of those hedge funds are flat broke. There's no money to be had. It all evaporated when the housing market collapsed. And now the wealthy are cannibalizing each other, trying to protect themselves from the bread lines. You see, right now they have nothing to fear from the poor. The poor can always be controlled by promising some of them food in exchange for brutalizing the rest of them. No, these people are living in fear of each other.
 
So that is what that dull "boom" was: The first wave of thunder. All of the quasi-wealthy are running full-speed to their yachts, hoping to get out of the rain.
 
Edit:
 
This cesspool just gets more and more obscene! Check out this confession: I Knew Bernie Madoff Was Cheating; That's Why I Invested with Him
12月9日

Who's Really in Charge?

This kind of politics gives me a stiffie.
 
As many of you are already aware, Illinois Governor Rod R. Blagojevich and his Chief of Staff, John Harris were arrested by the F.B.I. this morning on federal corruption charges. But what you probably don't know, is what actually brought about this event. I'll try and lay it out for you:
 
It all started on December 3rd, in the production facility of a window company known as Republic Windows and Doors. You see, window companies have been hit very hard by the recession - who needs to buy windows when nobody is building houses? Well as it turns out, Republic W&D was leveraged to it's eyeballs with Bank of America. They were in so deep in fact, that Bank of America decided to suspend the company's line of credit.
 
Needless to say, the company had difficulty paying it's bills. So on Friday, they abruptly announced that they were laying off all of their employees. No notice, no severence (no surprse, no MONEY!). They just went on the production floor and said "Go home, we're closed."
 
Obviously, the employees were outraged. Laid off 3 weeks before Christmas? No severence? No back vacation pay? So they staged a sit in. As far as I know, they are still sitting on the factory floor, and have no intention of leaving. Upsetting, but given the global economic climate, not particularly surprising. Not really even noteworth in itself. But this is where it gets interesting.
 
You see, politicians get nervous when large numbers of their constituents lose their jobs. They get really nervous when it happens in such a public way. You see, lost jobs means lost votes at the next election. What's a humble Governor to do? Afterall, he's got bribes to take, lobbyists to suck off, patrons to glad-hand...but if he doesn't act, his constituents might stop burning effigies, and start burning HIM!
 
So our good friend Governor Blagojevich does the only thing he can - he stands up to the Bank of America. He says "Keep funding this bankrupt business, or my state will not do business with you any more!" Obviously the bank can't and won't fund a window factory when nobody is buying windows. Afterall, they just scored $25 billion in bailout money, and they have hedge fund managers to rescue. So they tell the Governor to piss off. The bank even went so far as to warn him that "Bad things would happen" if he proceeded.
 
Normally that would be the end of the story, but I guess Blagojevich was really scared of losing his head, because he wasn't bluffing. He suspended all government business with the Bank of America on Monday.
 
Which brings us to today. Blagojevich and Harris were arrested at 6:15 a.m. for trying to sell the vacant Senate seat that used to belong to Obama.
 
Now don't get me wrong here - I'm 100% certain that Blagojevich is guilty. My view of politicians is well-known. They would sell their grandmothers if it suited them. But what's particularly unnerving here, is the timing. Apparently, this investigation has been going on for 3 years, yet today is the day the arrests come down? Not only that, but normally when a politician of this stature is brought down, they are allowed to turn themselves in. Not this time. Blagojevich was dragged out of his home in cuffs, in full view of the media. Again, I have no problem with publicly humiliating corrupt politicians, but it's interesting that they would make such an example out of him.
 
To me, the message is clear - Don't screw with the bankers.
12月8日

Thou Shalt Have No Other Gods Before Me

This one comes to us straight out of the "You can't just make this stuff up" file:
 
 

'DETROIT, Dec 7 (Reuters) - With sport-utility vehicles at the altar and auto workers in the pews, one of Detroit's largest churches on Sunday offered up prayers for Congress to bail out the struggling auto industry.

'"We have never seen as midnight an hour as we face this week," the Rev. Charles Ellis told several thousand congregants at a rousing service at Detroit's Greater Grace Temple. "This week, lives are hanging above an abyss of uncertainty as both houses of Congress decide whether to extend a helping hand."

Local car dealerships donated three hybrid SUVs to be displayed during the service, one from each of the Big Three. A Ford Escape, Chevy Tahoe from GM and a Chrysler Aspen were parked just in front of the choir and behind the pulpit.'

I mean, this is playing out like a scene from Mad Max - the mindless zombie hordes kneeling in prayer before a gas-guzzling SUV. It's surreal, and frankly, more than a little scary. Afterall, history has shown us that when desperate people resort to prayer, and those prayers aren't answered, violence inevitably follows. And mark my words, these peoples' prayers will go unanswered. Even if the auto industry recieves it's bailout money, they are still leaving for China. And even if they do stay, it will be the end of $30/hr wages and lifetime health benefits. One way or another, the UAW is on it's way out, and life in Detroit is going to get much worse.