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When 21-year-old Web entrepreneur Alex Tew received a $50,000 ransom demand last month, he remembers thinking, "There's no way on earth I'm paying these guys." Hackers had kidnapped Tew's Million Dollar Homepage, an advertising website, crippling it with a flood of data. Thousands of dollars, six days and two security teams later, the site was back up. "I can understand why gambling sites that accept thousands of dollars a day could choose to pay and be done with it," Tew says, "but I made a point of standing firm...
...trillion dollar budget proposed for fiscal year 2007, beginning this October, is no different. But it's a particularly risky document for the Bush administration. First, it contains some significant entitlement cuts in an election year. Some $65 billion in entitlement savings are proposed, with about $35 billion coming out of the popular Medicare program. In 1996, Bill Clinton clobbered Congressional Republicans for their proposals to "cut" Medicare, and Congressional Democrats, who managed to kill Bush's Social Security plan last year, are sure to try to do the same this year. Republicans are especially worried about states with...
...Customs and Border Patrol (CBP) alone spent $2.6 million on food for detainees along the southern border. This year, with $1.7 million already spent since Oct. 1, the CBP is on track to double that amount. The figures are line items in CBP's budget and the total dollar amount spent on food is likely much higher, says a CBP official, since some of the sector stations use part of their operating budgets to feed migrants and Immigration and Customs Enforcement also provides meals to illegal aliens in long-term detention...
...strategy paid off in an avalanche of astonishing and profitable technologies as well, from computer chips to fiber-optic cables to lasers to gene splicing and more. According to a 2003 National Academies report, no fewer than 19 multibillion-dollar industries resulted from fundamental research in information technology alone. Yet, says David Patterson, president of the Association for Computing Machinery, "people have this idea of academic research as this fuzzy, ivory-tower stuff that probably doesn...
...some validity to this global warming idea. From small efforts to build ethanol and biodiesel vehicles to completely altering America’s fleet of 200 million automobiles to run on hydrogen, curbing global warming will take dramatic action, not just dramatic rhetoric. A first step is a dollar tax on gasoline, an approach that has been derided by corporate America. Tonight, I can no longer allow the destruction of our world to go unchecked in the interest of ExxonMobil’s $36 billion annual profit...