First Successful Cyberattack on the USA

Written by Gary North on November 21, 2011

It had to come eventually, and it has. It was not a major facility. It was an attack on an Illinois water plant. The hackers burned out a water pump. Think of it as a test run. The hackers have not been identified. The Department of Homeland Security is saying nothing. The breach was a […]

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Will Italy Default? Yes. Will This Affect You? Yes.

Written by Gary North on November 16, 2011

The idea that Italy’s government is not insolvent is silly. It is going to default. It may take a few months. It may take a year. The fact is, it is so far in the debt hole that it cannot maintain paying interest much longer. Word is slowly getting out, but just barely. Idiot bankers […]

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