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Odds 'n Sods:
I've mentioned bond insurers several times before in the blog. A recent Reuters
article, (courtesy of RBS), shows that the mainstream media has finally
caught on to
some of
the broader implications: New
York Governor Spitzer warns: Bond insurer woes could become market "tsunami"
o
o o
HH sent us this: Putin
threatens to add the Ukraine to nuclear target list if they join NATO.
o o o
I spotted this story linked at Drudge: U.S.
will down failed satellite. The article doesn't do a good job of describing
what is planned. If an interceptor hits the satellite it will probably not
change its de-orbiting path significantly. At best, it will just result in
burning up
its remaining fuel and hopefully create a smaller spray of chunks.
Well, at least the chances are 5 in 6 that it will come down over an ocean.
o o o
Chuck G. mentioned that James Howard Kunstler (well-known for his nonfiction Peak
Oil book "The Long Emergency") has just written a
post-collapse novel titled "World Made by Hand" that will
will be released on February
28, 2008. Amazon.com is now offering the novel at a
pre-order discount.