Congress Learned Nothing From 2008 Wall Street Crash: Put These Thieves In Prison!

Truth Troubles: Why people hate the truths' of the real world

(THIS ARTICLE IS COURTESY OF THE WALL STREET JOURNAL AND THE NEW YORK TIMES)

John Stumpf, chief executive of Wells Fargo, testified before the House Financial Services Committee on Thursday regarding the bank’s unauthorized customer accounts.Credit Al Drago/The New York Times

WASHINGTON — He is forfeiting at least $41 million in pay. He vows that his bank will drop its sales incentive program — blamed for prompting bankers to set up illegal and unauthorized bank and credit card accounts to meet their sales goals — by the end of the week, not in January, as he had previously promised.

But at…

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More On The SpaceX Explosion

The Arts Mechanical

Thunderf00t does another videos, looking at the audio from the explosion.

He makes a good point about that popping sound.  Especially in light of this:

At this stage of the investigation, preliminary review of the data and debris suggests that a large breach in the cryogenic helium system of the second stage liquid oxygen tank took place. [Updated 09/24: At this time, the cause of the potential breach remains unknown.] All plausible causes are being tracked in an extensive fault tree and carefully investigated. Through the fault tree and data review process, we have exonerated any connection with last year’s CRS-7 mishap.

http://www.spacex.com/news/2016/09/01/anomaly-updates

The popping sound is telling.  That is a pressure vessel breach.  Likely what happened is that the liquid Helium wanted for some reason to become gas. When this happens, the liquid HE wants to become the 1000 times…

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So How is the 124-Year Old “Start-Up” Company Doing?

PenneyVanderbilt

In Greenville, SC; G.E. makes gas turbines.(pictured above)  Because of digital technology and other improvements, the production time of 5 years has been cut in half.

In 2009, Jeffrey R. Immelt, CEO of General Electric, realized how much DATA was being collected by jet engines. It could be a lot of value, but G.E. was not really using it. G.E. needed to be more capable with SOFTWARE. G.E. was a manufacturer (turbines, locomotives, jet engines, medical equipment) but needed to treat Amazon and IBM as competitors.

At that time, G.E. was returning to its industrial roots, dumping GE Capital. In 2011, G.E. opened a Software Center in San Ramon, CA. The Center’s biggest mission is to build an “industrial-strength” computer operating system. You know, like ANDROID or WINDOWS! The aim is to realize this goal by 2020.

Instead of just dumping money into San Ramon, G.E. is…

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Checking in From Post D.C.

Wide Awake But Dreaming

A quick check in ’cause I can’t seem to go away.  After getting off work yesterday I spent two and a half hours on the road driving to Washington, D. C., to visit a friend from West Virginia who was lobbying Congress on behave of the Sierra Club.  She was staying in the Marriott Marque, which was a pretty swanky joint:

Though you wouldn't know it from this blury picture. :) Though you wouldn’t know it from this blury picture. 🙂

I didn’t return home until 10:30 PM, so there was no writing.  There was, however, a lot of listening to music on my phone since I’d just bought a whole lot of data and could affords to let it run for about forty-five minutes.  And it also allowed for me to find a new opening to the next scene that will show Kerry doing something he’s never done up to now.  It’s gonna be fun.

In the meantime I…

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