Most recently HEARTLAND Payment Systems, which handles about 100 million payment transactions per month, reported in January that its network was compromised by malware in 2008.
TOP CYBER CRIME IN THE FUTURE
The recession is turning out to be a time of increasing cyber crime as people laid off and unemployed have nothing to do.
“The end of rampant consumerism is ultimately a good thing, he says, but the unraveling of an economy built on debt-fueled spending will be painful for years to come.”
Long-Term Growth As A Sequence of Exponential Modes
Abstract
A world product time series covering two million years is well fit by either a sum of four exponentials, or a constant elasticity of substitution (CES) combination of three exponential growth modes: “hunting,” “farming,” and “industry.” The CES parameters suggest that farming substituted for hunting, while industry complemented farming, making the industrial revolution a smoother transition. Each mode grew world product by a factor of a few hundred, and grew a hundred times faster than its predecessor. This weakly suggests that within the next century a new mode might appear with a doubling time measured in days, not years (<download the paper).
Robin Hanson ∗
Department of Economics
George Mason University†
December, 2000
First Version September 1998
Cripple microbes and allow them to evolve into more efficient organisms
Powered by Bill H.R.554 <download it from the Library of Congress
“National Nanotechnology Initiative Amendments Act of 2009″
Steve Jurvetson Trend #2: Evolution trumps design. Many interesting unsolved problems in computer science, nanotechnology, and synthetic biology require the construction of complex systems. Evolutionary algorithms are a powerful alternative to traditional design, blossoming first in neural networks, now in microbial re-engineering, and eventually in AI.
Steve Jurvetson is a Managing Director of Draper Fisher Jurvetson, a leading venture capital firm with affiliate offices around the world.
House Speaker Nancy Pelosi
Forget the depression listen we need a good Poem…
she says Yes to the people VOTE YES!
Lets face it things are not based on platitudes and a 24/7 printing press but demographics. 30 trillion was lost in the global market in the past year (source Billy Clinton). We really think (not) that $780 billion will really stop this economic slide as the bulk of the baby boomers retire, stop spending, stop paying taxes, begin to save money in fear of running out, and begin to draw down on the entitlement programs earned (Medicare and Social Security).
Oh by the way:
The national debt — the sum of all annual budget deficits — stands at $10.7 trillion. Or about $36,000 for every man, woman and child in the U.S.
Interest payments alone on the national debt will near $500 billion this year. It’s already the fourth-largest federal expenditure, after Medicare-Medicaid, Social Security and defense.
For the overall review of the spending plan read this link!
