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News Briefs 06-05-2010

May already?? Maybe someone turned on Mr. Hawking’s time machine after all…

An ice-cold Margarita to Greg, Rick & Susan.

Quote of the Day:

“According to the exclusionary either/or that prevails in modern Western thought,
however, the abduction phenomenon must either be psychological in nature, and thus subjective, or physical in nature, and thus objective. Even though conceding that most abductees are sincere in claiming that they had an abduction “experience,” skeptics insist that this experience must be intrapsychic, i.e., the alleged aliens have no more independent otherness than do the figures encountered in dreams and hallucinations. In contrast, literalists believe that abductions are the work of real, flesh-and-blood extraterrestrials, whose intentions are either sinister or beneficent, depending in part on the projections the interpreters.

Still other researchers, however, caution that abductees may be encountering a strange otherness that resists being adequately explained in terms of these mutually exclusive conceptual categories–either mental or physical. Such speculation disturbs defenders of modern rationalism, who fear that both the phenomenon itself and widespread interest in it are signs of an outbreak of irrationalism that threatens the hard-won achievements of science and democratic politics. Some abduction researchers, however, suggest that the phenomenon does not involve irrationalism and psychological-social regression, but instead is a process of psychic integration necessary for the evolution of consciousness. Understanding this process, should it in fact be taking place, would obviously alter prevailing views about the nature and meaning of human existence.

What may be needed to understand the abduction phenomenon, then, is an expansion and transformation of current views about rationality, reality, and consciousness.”

Michael Zimmerman, PhD.

    1. Nah
      I confess it: I’m no fan of Margaritas or complicated drinks.

      My Tequila I take it straight on an appropriate Caballito shot glass; and if it’s too hot, I’ll accompany it with a beer 🙂

      1. sweet stuff
        I don’t understand the people who drink stuff that tastes like fruit juice and does bad things to you. If I drink strong alcoholic things, I want to know immediately what damage I’m doing to myself, it’s part of the experience. If I want fruit juice, I drink fruit juice. No sense fooling myself.

      2. straight shooter
        …Amen my brother…and once alcoholism really sets in, it’s never “too hot”, it actually starts to go down very smooth…but the beer will always be a good companion to the hard stuff. It’s like whiskey and cigars, peanut butter and jelly, cheese and wine, and altered states of consciousness and video games…

        Dustin

        ps Mass Effect 2 is not the only BioWare game that has kept me up at night…I can still play 40 straight hours of KOTOR 1 or 2, and DragonAge…I think I lost an entire semester to that game but all I can remember is Morrigan’s cleavage, and a strong desire to “not hit the gong”…

          1. The Secret World
            [quote=red pill junkie]I hope you’re ready for The Old Republic
            [/quote]

            The Secret World! Ancient mysteries, conspiracies, all the legends, myths, folklore & horror of the world is true, from Bigfoot to Agartha. The Illuminati fight the Templars for domination of world power, only putting aside their differences to fight the Dark Days that are on their way. Cry Gaia‘s a great fansite with more info, including a wiki. Here’s a timeline of the first ARG/puzzles from back in May 2007. This game is right up TDG’s alley.

            So forget about sleep, amigo! 😉

  1. Was *your* retirement wiped out today?
    If you think you own stocks, you’d best check with your broker. Your entire net worth may have been wiped out today by black-box trading. Several companies’ stocks, which started the day’s trading at their usual value per share, were, at some point today, being sold for 1 cent each.

    Wild day on Wall Street leaves electronic exchanges under scrutiny

    Stock markets went haywire on Thursday. Shares were already falling over fears of fiscal problems in Europe when something, perhaps a structural flaw in U.S. markets, dragged prices into a historic and breathtaking plunge.

    In the span of minutes, the Dow Jones industrial average plummeted a record 990 points and then whipsawed back up, creating one of the wildest trading days ever. The Dow still closed down more than 3 percent, and more unrest may be in store for Friday as market officials and regulators try to sort through the aftermath.

    Rumors about the cause of the chaos were rampant on Wall Street and in Washington. Some traders speculated about human error, such as an electronic trade of stocks entered with the wrong amount. Regulators offered little clarity, saying they would investigate.

    Some price swings of stocks defied logic. The shares of Accenture, a consulting firm, fell from $40 to a single penny and then back to $40 again. Procter & Gamble traded at $54 on the New York Stock Exchange. But at the same time, Nasdaq was reporting that the company’s shares were selling for $39. …

    High-Speed Trading Glitch Costs Investors Billions

    Like DougJ, I smell a seven-figure bonus. (Check the comments here too.)

    1. Typo crashes world stocks?
      The official story is someone with a ‘fat finger’ made a typo… hey look, a pig just flew past my window! 😉 Timing is suspect too, the same week as the Greek/EU turmoil?

      1. fast and furious
        Here’s DougJ’s second link — which should go to NPR instead of to Felix Salmon again:

        Maybe It Wasn’t Just Greece
        6 May 2010 at 2:45pm
        By Jacob Goldstein

        In the span of a few minutes this afternoon, the Dow lost nearly 1000 points, then gained most of it back. There were lots of reports saying that fears about Greece triggered the sell-off. But mistakes by traders or glitches in computerized trading systems may have played a role as well. The WSJ reports that a trader may have accidentally placed an order to sell $16 billion in futures tied to stock indexes, when he meant to place the order for $16 million. …

        So supposedly, Rick, the reason that pig was flying fast and furious was because it had just typed three extra zeros on a sell order.

        1. Piggy banks
          I think referring to flying pigs was the wrong phrase, considering there are more than a few zipping around in private leerjets (intentionally misspelt) from shortbetting. 😉

  2. run floppy…………………………
    thanks for the heads up on that scary dude RPJ………..papa smurf is now in hiding!
    My cat “Scrappy” has volunteered to take his place for awhile.

    PS thanks Greg, got it!

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