Disaster

Police Robots Are Not a Selfie Opportunity, They’re a Privacy Disaster Waiting to Happen

By Matthew Guariglia The arrival of government-operated autonomous police robots does not look like predictions in science fiction movies. An army of robots with gun arms is not kicking down your door to arrest you. Instead, a robot snitch that looks like a rolling trash can is programmed to decide whether a person looks suspicious—and…

How One Bad Oil Bet Sparked A Global Trading Disaster

Authored by Haley Zaremba via OilPrice.com, By now we are all keenly aware of the near-devastating impact that the novel coronavirus has had on oil markets and the fossil fuel industry around the world. (If this is news to you, what rock do you live under and is there room for one more?) But while…

For 55 Percent Of Americans, 2020 Has Been “A Personal Financial Disaster”

By Michael Snyder One of the big reasons why so many Americans are angry about the size of the “stimulus payments” in the COVID relief bill that Congress just passed is because this year has truly been a “financial disaster” for millions upon millions of people. More Americans than ever before are just barely scraping…

The New Derivatives Market In California Water: Disaster Natural Resources Capitalism At Work

Authored by Bill Hatch via Counterpunch.org, I attended a rain dance 40 years ago in the Southwest. At the end of the 6-hour ceremony, it rained. My final memory of the event was a small, elderly lady chasing an immense clown, who had ritually molested her in the ceremony, beating him about the head and…

Mauritius Shipping Disaster Blamed On Crew Who Wanted Better Cell Reception 

The operator of a very large Japanese bulk carrier that ran aground off Mauritius in the Indian Ocean in late July was the result of the crew seeking better cell phone reception, according to Reuters. Japan’s Nagashiki Shipping released a statement Friday that said the crew of the MV Wakashio, a nearly 300-meter Cape Size bulk carrier, veered…

Scottie’s Tech: “Wireless Charging is a Disaster Waiting to Happen” and Other Reasons to Not Want a Wireless Charger

By B.N. Frank Security experts have warned for years that wireless devices are easy to hack. There have been countless reports about hackers taking advantage of their vulnerability (see 1, 2, 3, 4). They have also warned about hackers being able to start fires through computers, phones, and modern power supplies. Also concerning – last…

NASA Warns 5G Satellites Are “Disaster Waiting to Happen” – Other Experts Agree

By B.N. Frank Opposition and warnings continue to increase about tens of thousands of satellites and similar vehicles being launched for blasting 5G and WiFi at Earth (see 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15), global surveillance and other purposes. American 5G concerns and opposition include federal…

In Moment Of Brutal Honesty, JPMorgan Says Economic Disaster And More Lockdowns Will Be Great For Stocks

After reading months of ridiculously goalseeked Wall Street commentary, where first a Trump victory was the best outcome for stocks (at a time when Trump was seen as a favorite to win), then a Biden victory becoming the best-case outcome for risk assets (this predictably emerged around the time Biden took a lead in the…