2009-11-13

Water on the moon

NASA has found that water exists on the moon. Preliminary results from the LCROSS mission shows that water is present on the moon in ice form and has been there for billions of years. Interesting to see that even in 2009, we can still make new discoveries like this. What this means is that we're one step closer to Mars, or a moonbase. Water can be used to make hydrogen, which is a very good fuel.

Unintended consequences in the war on banks

It is interesting to see how quickly people have moved against bank overdraft fees. These are nothing new; I was once dinged with one 5 years ago and have only myself to blame. Now we are looking at congressional regulation of these fees. While that's great in theory, what could the unintended consequences be of stripping banks of one of their money making enterprises?

  1. The end of free checking
  2. Reduced bank hours
  3. Higher ATM fees
  4. Lower interest rates
Trust me, the banks will make up for this somewhere, and instead of the people who are financially irresponsible paying for it, people like me, who keep a decent balance in their accounts, will likely end up footing the bill.

2009-11-10

Racism and prejudice against Muslims

Brian Cuban has a very good post about the overt racism against Muslims in America that I highly recommend reading. In it he describes his personal confrontation with one of these bigots.