Category: Points of Information

Very brief descriptions, with appropriate links, of current or recent news items.

Update on Mount Merapi eruption

9:57 pm

More on the continuing eruption of Mount Merapi in Indonesia. Key quote:

The Volcano Mitigation and Geological Disaster Agency warned of worse in store as magma pushed towards the surface from depths of 6-8km, compared with a maximum 2km deep when the mountain previously erupted in 2006. “This is the scenario I dislike the most, because the deepest magma is pushing up now,” said the agency’s chief, Surono. “The eruptions haven’t stopped, the tremors are getting stronger and one big explosion could be the result. I’ve never seen it act like this. We don’t know what to expect.”

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Bankruptcy of U.S. government “mathematical certainty” says banker

3:22 pm

The former CEO of one of the nation’s largest banks says that unless the federal government gets its budget under control, bankruptcy is a “mathematical certainty.” I especially like this quote from the CEO, John Allison, in describing the past history of Fannie Mae and Freddie Mack:

“I was on a committee, a Financial Services Roundtable, for nine years trying to do something about Freddie Mac and Fannie Mae,” said Allison. “You couldn’t help but see it coming,” he said. “You ran the numbers, particularly the last several years, and it was mathematically certain Freddie and Fannie were going bankrupt.”

“We met with Congress. We met with [House Financial Services Chairman] Barney Frank and [Senate Banking Chairman] Chris Dodd and they absolutely wouldn’t see it,” said Allison.

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An Early Warning System for Asteroid Impact

10:23 pm

In a paper posted tonight on the Los Alamos astro-ph website, an astronomer is proposing an early warning system for asteroid impact. Key quote from the abstract:

This system, dubbed “Asteroid Terrestrial-impact Last Alert System” (ATLAS), comprises two observatories separated by about 100km that simultaneously scan the visible sky twice a night, and can be implemented immediately for relatively low cost. The sensitivity of ATLAS permits detection of 140m asteroids (100 Mton impact energy) three weeks before impact, and 50m asteroids a week before arrival. An ATLAS alarm, augmented by other observations, should result in a determination of impact location and time that is accurate to a few kilometers and a few seconds.

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