WW1 started when Gavrilo Prinzep shot Franz Ferdinand. Germany's ban on naked short selling yesterday may be the financial equivalent. #
Dow closes -376.51. 10-year Treasury Yield drops 95 basis points. There's no way to come up with a positive spin on today. #
Ask yourself a question: if the economy is recovering so nicely, then why has the Dow dropped 800 points in the last month? #
Both the Dow and NASDAQ are essentially where they were during the "flash crash" low last week. Dow 4000 doesn't seem as silly as it did. #
The good news: Treasury prices rise, sending interest rates down. Bad news: weekly claims jump, leading indicators decline, Dow -200. #
Hawaii 5-0 is coming back. The old show had the best credits: With Zulu as Kono…and Kam Fong as Chin Ho. #
Arlen Specter can now be the mean old man who lives on the corner. Every neighborhood needs one. #
Sestak is now at 51%. You want to hear a "bitter clinger" from Pennsylvania? Watch Arlen Specter's concession speech. #
Current PA-12 Results: Critz (D) – 59.2%, Burns (R) 38.6%. So far…not good. #
Well, I've got to stop twittering for a bit. I've got to take a dog for a walk. And, no, that's not a figure of speech. #
Maybe it's too early to call either race in PA. #
PA House 12: 82 votes counted, Critz (D) leads 86%-0%. Is a disaster looming for Burns!? #
Very first election returns from PA: With 114 votes counted, Sestak leads Specter, 56%-44%. #
I wonder how the election in PA will be affected by the bad weather, and resulting low turnout. #
- YouTube now gets 2 billion viewers a day, a larger audience than all three networks' prime-time viewership…combined. http://bit.ly/9PaB2V #
- US Treasury says it took a $1.6 bil loss on Chrysler loan. Total losses from automaker loans expected to be $34 bil. http://bit.ly/9MZay3 #
- Iran reached a deal to swap low-enriched for high-enriched uranium with Turkey. Iranian press calls it "epic victory". http://bit.ly/b9BoU7 #
- …and that's when Neil exited the LM, to join me on the lunar surface. #BlumenthalSpeeches #
- So, right after Omaha Beach, my CO asked me to take a squad and find this Ryan fellow, whose brothers had all died. #BlumenthalSpeeches #
- "Mojo In The Morning" show has been contacted by Miss Universe officials about her part in a "Stripper 101" contest. http://bit.ly/aO2VCh #
- Miss USA, Rima Fakih, the first Arab American to wear the crown, is a pretty good stripper, too. | http://twitpic.com/1os9nr #
- California pot growers face a new and serious threat: falling prices. A man can't even make a decent illegal living.¦ http://bit.ly/dh6IRl #
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- Miss USA is Muslim lass. I guess that means we'll be disappointed in her swimwear shots. #
- Lemonade from lemons: The € crisis has resulted in record capital inflows to the US, keeping treasury yields.down.¦http://bit.ly/bAQAqM #
- I soooo want one of these. ¦ http://bit.ly/aK9p9j #
- Schwarzenegger has proposed eliminating the CalWORKS welfare program. Democrats, who run the legislature, want taxes. http://bit.ly/amKrzC #
- Local California governments boycott Arizona, due to new immigration law. Arizonans notice. Hilarity ensues. ¦ http://bit.ly/cFlm0T #
- Government spending is bankrupting the country. We know it. But, we will do nothing until it all comes crashing down. ¦ http://bit.ly/cMVaX1 #
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Some fascinating stuff here:
The state owned Data communication Company of Iran (or DCI) acts as the gateway for all Internet traffic entering or leaving the country. Historically, Iranian Internet access has enjoyed some level of freedom despite government filtering and monitoring of web sites.
In normal times, DCI carries roughly 5 Gbps of traffic (with a reported capacity of 12 Gbps) through 6 upstream regional and global Internet providers. For the region, this represents an average level of Internet infrastructure (for purposes of perspective, a mid size ISP in Michigan carries roughly the same level of traffic).
Then the Iranian Internet stopped.
One the day after the elections on June 13th at 1:30pm GMT (9:30am EDT and 6:00pm Tehran / IRDT), Iran dropped off the Internet. All six regional and global providers connecting Iran to the rest of the world saw a near complete loss of traffic.
Graphically, here’s what happened –
Here’s a detailed look at the abrupt stop noted above –
There’s no question, obviously, that internet traffic was almost totally blocked. And you don’t have to be a North Korean rocket scientist to know why.
So why has limited bandwidth been restored since?
I can only speculate. But DCI’s Internet changes suggest piecemeal migration of traffic flows. Typically off the shelf / inexpensive Internet proxy and filtering appliances can support 1 Gbps or lower. If DCI needed to support higher throughput (say, all Iranian Internet traffic), then redirecting subsets of traffic as the filtering infrastructure comes online would make sense.
Unlike Burma, Iran has significant commercial and technological relationships with the rest of the world. In other words, the government cannot turn off the Internet without impacting business and perhaps generating further social unrest. In all, this represents a delicate balance for the Iranian government and a test case for the Internet to impact democratic change.
Events are still unfolding in Iran, but some reports are saying the Internet has already won.
It would seem so, at least in this case, but I’m not so sure that a country which really didn’t care about maintaining the mirage of a “free” country, as does Iran, couldn’t and wouldn’t keep it shut down for a while longer than did Iran. China for instance.
What it does prove is how incredibly powerful and important the internet has become throughout the world, and how, as communications technology expands and networking options become more available (Twitter carried the day after Inet cutoff to the point that it can be asserted that there was no longer any positive reason to keep the Inet shut down), the ability of totalitarian regimes to control communications is degraded to the point of impotence. Someone is going to get the word out by some means, like it or not. And for the most part, Iran likes it not. But the ability of the communications network to bypass governmental blocks by other means may have been instrumental in making the mullahs finally take the sham election seriously and forcing them to finally address the alleged voting irregularities.
You may have noticed that the twitter posts about the daily economic stats are gone. They have been moved over to the sidebar, under the add banners.
This will give me the ability to provide the ongoing econ updates via my phone–just as I am posting this–while keeping the main blog section untouched.
This should be a solution that pleases everyone.