Cyberwanderer’s Blog

December 17, 2009

Selling CANDU – Stupid or Corruption

Filed under: Canada,Politics,Technology — cyberwanderer @ 1:54 pm
Tags: , , , , ,

Government announcement that the most profitable section of AECL will be sold to private firm is deja vu all over again. They are either stupid or corrupt in helping the private firm. This is like the Mulroney medical isotope fiasco all over again. Mulroney gave a lopsided contract award to MDS Nordion to profit from medical isotope produced by AECL. AECL aside from having to provide the capital and produce the isotope end up gaining nothing which lead to the current medical isotope crisis. Now the only profitable section of AECL will be sold off again to a private firm at a time of nuclear renaissance where China have been in talk with AECL to work on CANDU that uses Thorium, something China have more of than Uranium. But guess where the profit from China’s tens of new reactor will go to once CANDU have been privatized. To the lucky private firm Harper decide to award the sale to of course.

Are they really this short sighted and stupid or simply corrupt? One excuse being used was it will save the taxpayer money. That’s full of stinky S__T! The isotope and research division of AECL still have to be shouldered by taxpayer. But now the profitable division is taken away which means they’ll be solely relying on taxpayers money now with no possible source of income.

Thanks Harper for giving CANDU to a private firm. Worse than Mulroney who gave medical isotope profit to MDS Nordion and the privatization of Petro Canada. As the nuclear power sale is set to skyrocket and enormous profit to be made due to pressure on government worldwide to cut pollutant and greenhouse emission. We then rush to sale a promising technology to a private firm. China already have CANDU (built on time and on budget) and with their joint research with AECL, it won’t be surprising if they chose CANDU for the bulk of their new Nuclear plant. I find it hard to believe that Harper can’t see something that is already at work. China have signed agreement with AECL. Are they really stupid or just corrupt?

December 8, 2009

Rich and Poor Nation Fight Over Climate Change

The big story today seems to be a leaked document that was going to be passed as the new climate change treaty. The document was alleged to have been put together by a few rich nation including host country Denmark and seems to reduce the emission cut obligations of the rich nations. It also hands power for future negotiation to the rich countries (ABC News Australia reported). Poor countries are threatening to walk out.

The noise generated by pro and anti Climate change advocate is a bit tiring. As far as I am concern, oil are controlled by few Texan and Middle Eastern Royalty cartel artificially making it expensive. In some countries, price fixing is illegal. Then why is oil cartel tolerated? It is also a pollutant. No question about it. Not even taking into account the global warming equation, it’s a no brainer that we should move toward renewable energy. Hong Kong already have electric car. And China are actively investing in infrastructure and research to help promote electric car (China’s BYD cheap electric car beat GM, Nissan and Toyota -CNN). Unfortunately the one spearheading this new technology is not the usual developed countries but developing country like China. It is not a question of science, the facts and technology is there, it is a question of commitment by the rich countries. Unfortunately, a lot of the  rich countries have stake in oil and would keep on dragging their feet as long as they can. The wave of change is coming, either we get on board or get left behind.

June 3, 2009

Stronach to Build Canada’s Electric Car; CTV Joke

Filed under: General,Politics,Technology — cyberwanderer @ 5:27 pm
Tags: , , , ,

Forget about bailing out GM, let the weak and incompetent management fade into the background. Future of Electric car in Canada just got brighter with Stronach announcing plans to build electric car in Canada. The electric car was jointly developed with Ford.  Stronach claim the car could be build in as little as three years if they can get a loan from the government. Good luck getting a loan from oil centric “CO2 is good for you” Harper.

Meanwhile, Bob Rae joked about CTV being a Conservative Corrupted TV. On Lisa Raitt leaving the secret document at CTV. Bob Rae says:

“One plausible explanation is maybe she thought CTV was a branch of the government, I can’t explain it”

(h/t Far and Wide)

December 17, 2008

Hackers Using Financial Firm and IE Flaw to Infect Computers

Filed under: Technology,World News — cyberwanderer @ 10:32 pm
Tags: , , , , , , ,

Hackers, taking advantage of a serious Internet Explorer security flaw, have accelerated their attack. Unlike past IE security flaw, websites of reputable financial firm are being infected with a simple string of text – ardoshanghai dot com slash s dot js. User doing their banking thinking they are safe are then infected with keylogging spyware software. Security experts were asking people to use other browsers like Firefox. The bloggers and security experts outcry, along with the increased attack, might have prompted Microsoft to release an emergency patch rather than wait until their monthly patch release.

News article:

Microsoft issues emergency IE patch as attacks escalate – The Register

Microsoft Patches serious IE flaw – ars technica

Blogger backlash against Microsoft IE – AdvertisingAge

Why GM Can’t Fail; China’s Electric Car Plan

Filed under: Technology,World News — cyberwanderer @ 4:50 pm
Tags: , , , , , , , , ,

This is a follow-up to my previous blog about China’s plan to accelerate their push to put electric car in the market.  I came across this opinion piece in the internet, which makes several good points. Summary of his opinion follows with few of my comments added.

  • Car is the source of our problem – oil dependence leading to war, etc and pollutions leading to climate change.
  • Solution can be found by helping GM while letting Chrysler go under. Make it medium term commitment only (10-year). Obama appoints new head for GM. Offers rebates for purchase of electric car. Government and taxpayers become part owners (medium term) giving more incentives for Americans to purchase GM cars.
  • The Chinese government already plan to support the production of electric car announced by BYD (which will go on sale end of the year and to U.S. market by 2010). BYD is partly owned and invested by Warren Buffet (Berkshire Hathaway’s investor guru with reputation for good foresight).  U.S. should not lose the opportunity to be at the forefront of the future of car industry.

This is just a summary, read the full article here >> Jim Kingsdale: If cars are the problem, they can also be the solution. I don’t think I could have said it any better.

Letting all three automakers fail would set U.S. and North America so far back in the auto industry. Meanwhile, countries like China would get the upperhand and have greater chance of dominating the future of car industry.

Even with government support, GM would face some challenges in rolling out their electric car. The batteries needed are made mostly in Asia. Nevertheless, this is certainly not a time for doing nothing and just standing idly by. Moment of crisis offers the best chance for renewal. Either we cease this moment or be contented to lag behind.

The other often quoted reason that GM should not be allowed to just fade away is the half a million job that would be lost in Ontario alone. Toronto Mayor Miller warned that not only that, but when people lose their homes as a result of losing their jobs, then the bank would lose tremendous amount of money and even the banking jobs would be lost.

That scenario would lead to deep recession at best, another great depression at worse.

Next Page »

Create a free website or blog at WordPress.com.