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Sep 13

Follow The Crowd?!

Posted on Wednesday, September 13, 2017 in Management Software

Submitted by: Mike Kerfer

In business, the key is not to be part of the crowd, but to know the direction of the crowd. Don t be a follower; try to be a leader. If you can t beat em, DON T join em! You should watch the crowd. Don t join in their herd mind-set, least you join a band of lemmings parading over a cliff. Crowds may be right in the middle, but they re wrong at the ends. They buy high and sell low, the exact opposite of successful trading.

The crowd watches CNBC and so do the experts. Go into most brokerage offices and/or trading rooms across this country and chances are they will have a TV tuned to CNBC. Not because it s their best source of information on the market, but because it s their best source of info on the trading public.

CNBC only reports the news they don t make it, or do they? They have no bearing on prices, or do they? Have you heard of the CNBC Effect? The CNBC Effect takes place when the crowd reacts to the information shared with them via CNBC. Viewers watch and listen for tidbits of information, any tip construed or otherwise, any reason to buy or sell.

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If you watched long enough, you ve seen a CEO give a stellar interview. Soon on the streaming ticker tape flowing across the bottom of the screen, you see the stock increase in frequency and price. Or you might have seen a CFO stutter when asked about future earnings or worse still, accounting irregularities. Shortly there after that stock may trade much lower in price on higher volume.

Can option traders use CNBC to their advantage? The answer is yes! But you need the big picture. Some of the details may seem old hat or trivial. When finished looping off in opposite directions, it ties nice and neatly into a bow.

Stocks are one-dimensional; price. Options have many components: price, time and potential. Compared to potential, price and time are easy math. Potential is a difficult concept to understand. (Older Options 101 columns go into option pricing in greater detail.)

Volatility measures potential. Higher potential moves in either direction produce higher Volatility. Higher Volatility equals higher option prices. Higher option prices mean higher potential moves, or so the formula says. In actuality, higher option prices indicate higher Implied Volatility, but not greater potential.

Volatility comes in four different flavors. Implied Volatility gives novice option traders a sour taste. Another way to look at Implied Volatility is to consider it as supply and demand. More buyers, Implied Volatility increases. Fewer buyers and/or more sellers, Implied Volatility drops. True potential has nothing to do with it. There is a skew between actual and assumed probabilities, a mathematical edge.

Option traders don t need stock prices to move if they have correctly bet on option pricing components. The CNBC Effect can and does often change Implied Volatility without ever changing stock prices. Do not assume the additional exposure of stocks featured on CNBC will increase their Implied Volatility! But don t be surprised if it happens.

Being aware of the trading environment transforms option trading from betting to investing. Anticipating future changes based on previous tendencies increases profitability. Knowing what to expect and not being blind-sided decreases losses. Avoiding crowds help avoid stampede disease, being trampled.

About the Author: Mike Kerfer – a 30 year trader having traded almost every asset class including options, equities, and futures.Visit my blog.

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Sep 13

Bodies of victims of Typhoon Fengshen appear on Philippine shores

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Bodies of victims of Typhoon Fengshen appear on Philippine shores
Posted on Wednesday, September 13, 2017 in Uncategorized

Thursday, June 26, 2008

As the National Disaster Coordinating Agency continues to evaluate the reports coming from regions all over the Philippines, bodies of those who drowned or perished while at sea have started to float into the shores of islands in Central Philippines. On Thursday, the Philippines Coast Guard reported that villagers recovered 124 bodies whose identities are still uncertain.

Advanced decomposition has made identification difficult for authorities and, fearing a health epidemic, all of the bodies were immediately buried in makeshift graves.

The identification of the victims has caused a stir among relatives looking for their missing family members, as forensic investigators were rendered helpless in proceeding to the scattered locations where bodies have been washing ashore.

Over 100 divers from the combined Philippines and United States naval forces have been working overtime to retrieve the bodies of passengers trapped inside the capsized MV Princess of the Stars.

Disaster management officials in the country announced that the dead from the weekend battering from Typhoon Fengshen could reach to a high of 1,300 people nation-wide. State officials reported that some 2.4 million Filipinos were affected by the disaster, putting property damage at a conservative estimate of $125 million.

Relatives of missing passengers were finally brought near the site where the ferry capsized. On board a tug boat, relatives became severely emotional after a Roman Catholic mass was celebrated to commemorate the memory of those lost at sea.

Sep 13

US free speech lawyer Marc Randazza discusses Glenn Beck parody

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US free speech lawyer Marc Randazza discusses Glenn Beck parody
Posted on Wednesday, September 13, 2017 in Uncategorized

Monday, October 19, 2009

Wikinews interviewed US free speech lawyer Marc Randazza, on his defense of a parody website which satirizes American political commentator Glenn Beck. Florida resident Isaac Eiland-Hall created the website in September, and it asserts Beck uses questionable tactics “to spread lies and misinformation”.

The case Beck v. Eiland-Hall is currently before the World Intellectual Property Organization (WIPO) in Geneva, Switzerland. Wikinews previously reported on the case, in an article earlier this month, “US free speech lawyer defends satire of Glenn Beck”.

Sep 12

Thousands gather in London to protest against government cuts

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Thousands gather in London to protest against government cuts
Posted on Tuesday, September 12, 2017 in Uncategorized

Monday, March 28, 2011

File:2011 UK protests.jpg

Hundreds of thousands of people joined marches in London on Saturday against public sector cuts by the British government. One union estimated up to half a million people travelled from across the country to demonstrate as the Conservative–Liberal Democrat coalition implements wide-ranging spending cuts.

According to reports, a small group of protesters dressed in black threw paint and smoke bombs at the Oxford Street branch of Topshop, and demonstrators in Piccadilly threw smoke bombs at the Ritz Hotel. The protests have targeted the government and a number of retail outlets, following on from the UK Uncut campaign which has demonstrated outside retailers including Vodafone and Topshop to raise awareness of alleged tax system abuses by the businesses.

The violence came to a head on Sunday as police stormed Trafalgar Square and the protesters ran, throwing bricks and bottles at riot officers. “I have never seen such a fast escalation of violence in my life,” one witness to the violence in the square said. “Everything just kicked off, glass everywhere, police hitting people, people being dragged across the floor. I just can’t believe it.” Clashes in the square finally ended in the early hours of yesterday morning.

The protesters grabbed metal barriers and hurled them over police lines, using them as battering rams.

Senior members of the TUC, the federation of 88 of the country’s unions, were quick to dissociate the disruptive actions of the “few hundred” with those of the earlier peaceful protest, claiming that the violence of a minority should not detract from the message behind the main march.

The Labour Party leader, Ed Miliband, addressed hundreds of thousands of peaceful marchers assembled in Hyde Park, and attacked the planned spending cuts. “Our struggle is to fight to preserve, protect and defend the best of the services we cherish because they represent the best of the country we love,” he said.

The Metropolitan Police said approximately 4,500 officers were policing the event, and 214 demonstrators were detained. On Twitter, the force reported two significant incidents of violence and that four police officers have been injured; one is being treated in hospital. They also said protesters had thrown light bulbs filled with ammonia at officers on Oxford Street.

Small protests have been ongoing in the U.K. since early this month, mainly in the northern city of Sheffield. In the biggest of these, 5,000 people attended a protest march on March 12 in Sheffield, with demonstrators marching from Devonshire Green, an open space in the city centre, to the venue of the Liberal Democrat spring conference. Barricades were set up after “violent incidents”, though only one arrest was made.

Aug 17

Gaming Fun For Free}

Posted on Thursday, August 17, 2017 in Amusement Park

Gaming Fun for Free

by

Dhoni

Every one of us knows the medium to find anything in this world and that is the World Wide Web. Whether it’s a normal search to be done on a search engine or entertainment WWW provides you with every solution. And yes these solutions include a solution to your gaming needs. Whether you like arcade games or fancy action games they are all available on the internet. That’s not all these are online free arcade games. The huge number of websites offering arcade games has made it possible to make the world a smaller place by the growth in multiplayer gaming. The games have become exceptionally sophisticated and of high graphic quality.

Game developers have consideration for kids, teenagers and youth. There are realistic arcade games that offer unlimited fun for hours and for free. What more is that kids are more likely to get attached to these games because of the introduction of their favourite TV, cartoon or comic characters into these games. Before you go on to play any new game that you are not aware of you may not have to think twice because the developers or the website on which you intend to play provides you the details and the crux of that game. You can either download trial versions of these games or play them on the portal itself. A great advantage of these free online games is that it is not necessary to download these games. All you need is your browser to play them and a decent internet connection as these flash based games do no create complexities to play them.

Whatsoever kind of games you like, you will definitely find options to satisfy your choice on these free gaming websites. You just need to make a few clicks on your mouse and you get started. Another advantage of these games is that they do usually do no lag. And in cases where there could be chances the developer provides for an additional download of any free of cost software to effectuate better game-play.

If you don’t want to play online on websites and want to download free games on your computer, you may make sure that the game supports automatic upgrade. This ensures that you keep up to date with other online players. Most games support multiplayer gaming and that multiplies the fun. This also helps you enhance your skill and compete with gamers at different levels.

Author writes for play arcade games, funny arcade games and free arcade game.

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Aug 17

2011 BRIT Awards highlights

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2011 BRIT Awards highlights
Posted on Thursday, August 17, 2017 in Uncategorized

Friday, February 18, 2011

On Tuesday, the 2011 BRIT Awards were presented from The O2 Arena in London, England. This is the first time that the awards ceremony has been hosted from this venue; previously, the regular location for the show was the Earls Court Exhibition Centre, which is also located in London.

The BRIT Awards, presented by the British Phonographic Industry, is an annual ceremony that awards music artists for excellence in music. The BRIT Awards started in 1980; this year’s event is the 31st BRIT Awards. ITV1 broadcasted this year’s programme from 2000-2200 UTC, with British actor and presenter James Corden hosting it.

The ITV1 programme contained performances from various artists, many of which had been nominated for BRIT Awards. The performers and the performances are displayed below but are not in chronological order. They are as follows:

  • Take That – Kidz
  • Adele – Someone Like You
  • Rihanna – Only Girl (In the World) / S&M / What’s My Name?
  • Mumford & Sons – Timshel
  • Plan B – She Said / Prayin’
  • Tinie Tempah, Eric Turner and Labrinth – Written in the Stars / Miami 2 Ibiza / Pass Out
  • Arcade Fire – Ready To Start
  • Cee Lo Green and Paloma Faith – Forget You

British rapper Tinie Tempah was nominated for most awards than any other artist, with ‘Best British Album’ and ‘Best British Male’ included amongst his four nominations. He was given two BRIT awards – one for ‘Best British Single’, which was Pass Out, and the second for ‘Best British Breakthrough Act’. Upon receiving what would turn out to be his first award of two, Tinie Tempah proclaimed: “I want to big up God and my family for sticking by me when times are hard.” Canadian indie rock group Arcade Fire were also successful in achieving two BRIT Awards, one for ‘Best International Group’ and the other for ‘Best International Album’; their album is entitled The Suburbs.

Dermot O’Leary presented an award to British pop group Take That for ‘Best British Group’, the first time the group have ever achieved such an award. While the group received the award, member Mark Owen looked at Robbie Williams, who had recently rejoined Take That, and said: “Can I say thanks for coming back mate. Appreciate it. It’s a real pleasure for the five of us to be up here.” The group had a second nomination for ‘Best British Album’ but were unsuccessful in winning the award.

Cee Lo Green, a member of the group Gnarls Barkley, received one BRIT Award for ‘Best International Male’. In his acceptance speech, he commented: “I’m so excited. Thank you so much for this honour. Such a pleasant surprise.” Cee Lo was also nominated for ‘Best International Album’ but failed to achieve the award.

Roger Daltrey, lead singer of English rock group The Who, humourously commented that “[i]t’s good to see the British music industry still has enough money for a good booze up” before giving the award for ‘Best British Album’ to Mumford & Sons for their album, entitled Sigh No More. Marcus Mumford, of the group, said that “[t]his is very bizarre, very strange. Thank you very much indeed. We are very honoured, very humbled.”

Mark Ronson and Ellie Goulding awarded the ‘Critics’ Choice’ to English singer-songwriter Jessie J. Backstage, Jessie J – who is currently at number one in the UK Singles Chart with her song Price Tag, featuring American rapper B.o.B – remarked that “[p]op stands for popular. I want to be a pop icon and take Britain across the world.”

Plan B, another British rapper, achieved the award for ‘Best British Male’. “There’s a lot of people I could be thanking right now, I wanna thank them all together,” he said during his acceptance speech. Having expressed thanks to various family members, friends, his record labels and the people he had worked with, he concluded his speech with the line: “Thank you, everybody. That’s all.”

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Earlier in February 2011, Markus Dravs was given the BRIT Award for ‘Best British Producer’ by Chris Martin, a member of the group Coldplay; Dravs is co-producing a fifth album for the group at present. Dravs was nominated for his work in relation to Arcade Fire album The Suburbs and Mumford & Sons album Sigh No More. “You could hear it in the lyrics and in the commitment in the demos,” he commented. “I really wanted to get involved and see if I could help make the record.”

During the BRIT Awards programme on Tuesday, Cheryl Cole presented the ‘Best International Female’, which was won by Rihanna. The Barbadian pop and R&B singer exclaimed during her acceptance speech: “Britain, I love you! This is so exciting. I want to thank everybody at my label, Mercury […] all my fans here. You guys are the best! I love you so much. This is…this is big. It doesn’t get much bigger than the BRITs, so I love you guys. Thank you so much. This means a lot. I’m the only girl in the world!”

The award for ‘Best International Breakthrough Act’ was given to Justin Bieber, a Canadian pop music / R&B singer. Upon accepting the award, Bieber commented: “I want to thank all my fans over here. You guys are amazing. I want to thank the label over here”. Laura Marling was subsequently awarded ‘Best British Female’. After being presented with the award by Boy George, Marling said: “Thank you. My name’s Laura and there you go, mum. That’s for you and thank you very much to Adam and Laura and everyone at Virgin. This is really weird.”

Shortly after the broadcast of the main programme, performances became available to purchase via iTunes. The The BRIT Trust will receive all of the downloads’ profits as a donation.

Below, all of the recipients of the awards on Tuesday night are available to view in a list, which is not presented in chronological order.

  • Best British Male – Plan B
  • Best British Female – Laura Marling
  • Best British Group – Take That
  • Best British Single – Tinie Tempah – Pass Out
  • Best British Album – Mumford & Sons – Sigh No More
  • Best British Producer – Markus Dravs
  • Best British Breakthrough Act – Tinie Tempah
  • Best International Male – Cee Lo Green
  • Best International Female – Rihanna
  • Best International Group – Arcade Fire
  • Best International Album – Arcade FireThe Suburbs
  • Best International Breakthrough Act – Justin Bieber
  • Critics’ Choice – Jessie J

Below is an image gallery displaying library photographs of some of the acts who appeared at the BRIT Awards 2011:

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11

Adele, who sang ‘Someone Like You’, performing in 2007.Image: Mpawsy.

Rihanna, who won ‘Best International Female’ and who sang ‘Only Girl (In the World) / S&M / What’s My Name?’, performing in 2010.Image: Vitorvicentevalente.

Mumford & Sons, who won ‘Best British Album’ for their album ‘Sigh No More’ and who sang ‘Timshel’, performing in 2009.Image: prusakolep.

Plan B, who won ‘Best British Male’ and who sang ‘She Said / Prayin”, performing in 2007.Image: Tony2Times.
Tinie Tempah, who achieved ‘Best British Single’ and ‘Best British Breakthrough Act’, as well as singing ‘Written in the Stars / Miami 2 Ibiza / Pass Out’ alongside Eric Turner and Labrinth, performing in 2010.Image: Göteborg & Co.

File:Rock en Seine 2007, The Arcade Fire.jpg Arcade Fire, who won ‘Best International Album’ – for their album ‘The Suburbs’ – and ‘Best International Group’, as well as singing ‘Ready To Start’, performing in 2007.Image: Bertrand.

Cee Lo Green, who won ‘Best International Male’ and who sang ‘Forget You’ alongside Paloma Faith, performing in 2008.Image: Chris Hakkens.
Laura Marling, who won ‘Best British Female’, performing in 2007.Image: DearCatastropheWaitress.
Justin Bieber, who won ‘Best International Breakthrough Act’, at the 2010 White House Easter Egg Roll.Image: Daniel Ogren.
Jessie J, who was given the ‘Critics’ Choice’ award, performing in 2008.Image: Lancashire County Council.
Presenter James Corden, seen here at a BBC Radio Wales roadshow in 2008.Image: Ben Salter.

On Wednesday, the news emerged that the BRIT Awards 2011 gained approximately 4.8 million viewers, the smallest viewing figures the show has experienced for five years. The ratings of the ceremony were beaten by the last episode of Big Fat Gypsy Weddings in the series, broadcast on Channel 4 from 2100–2200 UTC on Tuesday; the viewing figures stood at approximately 6.5 million viewers. Holby City, broadcast on BBC One, also attracted more viewers than the BRIT Awards 2011. The programme, which was shown from 2000-2100 UTC, received approximately 5.8 million viewers.

Aug 17
0

Twelve injured in Washington after ride at fair topples over

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Twelve injured in Washington after ride at fair topples over
Posted on Thursday, August 17, 2017 in Uncategorized

Sunday, April 19, 2009

At least twelve children have been injured after a swing ride at the Puyallup, Washington Spring Fair toppled over.

The ride is called a ‘LollySwing’, which is located in Kiddyland, where the riders sit in swings while the machine spins them around. It is owned by Funtastic Traveling Shows which has been a ride provider for the fair for over 50 years. The accident happened at around 6:30 p.m. (PDT).

Injuries are being described as mostly cuts and bruises, but one child was reported to have been in a neck brace and was taken to a local hospital. Five other children were also hospitalized.

According to one witness, “it just all of a sudden topped over.” The cause is under investigation. The ride has been at the fair for the past five years. Among the seven largest operators of fair rides in Washington, from 2001 to 2007 there were only seven reports of injuries related to mechanical failures.

Aug 17
0

Australia/2009

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Australia/2009
Posted on Thursday, August 17, 2017 in Uncategorized
Australia

2009

Contents

  • 1 January
  • 2 February
  • 3 March
  • 4 April
  • 5 May
  • 6 June
  • 7 July
  • 8 August
  • 9 September
  • 10 October
  • 11 November
  • 12 December

[edit]

Aug 15
0

Holiday Season Not The Season Of Unlawful Taking}

Posted on Tuesday, August 15, 2017 in Car Sales

Submitted by: Jeffery Reynolds

Christmas is just a few days away, and it is most likely that you are in the middle of last-minute shopping frenzy. But, dont think you are the only one in search of great deals. Thieves will also be lurking around in search of cars and its valuables.

Here are a few car safety tips to ensure a theft-free Christmas:

At Home

It is important to keep your car locked away in the garage. Thieves will find it difficult to steal a car or its belongings from a car parked in the garage because of your homes security systems. Keeping your car in the garage will not only save you from thefts but it will also be helpful in reducing your insurance costs.

Also, remember to keep your car keys in a safe place at home. Dont keep them near the front door because anyone can steal it without your notice.

While you are leaving Home

Cars usually take time for heating up in winter. But, that doesnt mean, you can leave your car unattended for a couple of minutes until it gets heated up. If you leave the keys in the ignition, you are risking the security of your car.

While making a Brief Stop

Gas stations, grocery stores and drug stores are frequented by thieves because many people tend to leave their car running while running their errands. If you are making a short stop at the grocery store or the gas station, dont leave your car unattended.

While parking your Ca

It is essential to lock doors and roll up windows before leaving your car. Dont forget to secure the top firmly if you own a convertible.

Park your car in a well-lit area. Ensure that it is a crowded street because thieves wont dare to steal from a car parked in a busy environment.

If you are parking in a lot, choose one with attendants.

Make sure that you activate the security system before leaving your car.

In Plain Sight

What motivates a thief to steal from a certain car? More than often, a thief is attracted by things such as shopping bags, electronic items, purse, etc. lying around in your car. So, it is important that you dont leave your valuables in plain sight.

If you have shopping bags in your car, put them in the trunk. Dont leave anything lying on the seat, dashboard or even the floor. It is also important to use cargo cover as it will do the work of hiding your valuables effectively.

The ideal way of ensuring the safety of your Christmas gifts is dropping them home before going somewhere else. Remember it is okay to spend fuel and time on driving back to home instead of experiencing the terrible disappointment of getting your gifts stolen.

Other Precautionary Measures

Here are few things that you can consider for increasing the safety of your car during holidays:

You can tint car windows to make casing of your car difficult. But, make sure that your state permits it.

An immobilizer stops your car from being hot-wired. So, if a thief breaks into your car, he/she wont be able to start the car without your key. If your car doesnt have a built-in immobilizer, you can obtain it from the aftermarket.

You can install a kill switch in your car. It will prevent a thief from turning on the car with your keys. But remember to install the switch in a hidden place because if a thief comes to know about it, he will disable it.

You can also use aftermarket equipment called LoJack. It is a stolen vehicle recovery system that will help you in tracking your car.

Dont let the Season of Giving become the Season of Unlawful Taking. Stay safe by using the tips mentioned in this guide. Have a safe Christmas!

About the Author: Car Destination not only provides bad credit low rate auto loans to Americans but it also helps them by providing useful information of the automobile world. Stay connected with the sub-prime auto financing company for more car safety tips and suggestions.

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Aug 15
0

UK bans export of fraudulent bomb detector; arrests director of manufacturer

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UK bans export of fraudulent bomb detector; arrests director of manufacturer
Posted on Tuesday, August 15, 2017 in Uncategorized

Wednesday, January 27, 2010

The government of the United Kingdom has banned the export of the ADE 651, which is advertised by the manufacturer, ATSC Ltd., as a hand-held “remote portable substance detector.” However, critics say it is just a “glorified dowsing rod.”

In a statement, the Department for Business said, “Tests have shown that the technology used in the ADE651 and similar devices is not suitable for bomb detection. As non-military technology it does not need an export license, and we would not normally need to monitor its sale and use abroad.”

The statement went on to say, “However, it is clearly of concern that it is being used as bomb detection equipment. As soon as it was brought to the attention of the Export Control Organisation and Lord Mandelson we acted urgently to put in place export restrictions which will come into force next week. We will be making an order, under the Export Control Act 2002, banning the export of this type of device to Iraq and Afghanistan.”

Adding, “The reason the ban is limited to these two countries is that our legal power to control these goods is based on the risk that they could cause harm to UK and other friendly forces.” The statement closed by saying, “The British Embassy Baghdad has raised our concerns about the ADE651 with the Iraqi authorities.”

Meanwhile, the Avon and Somerset Police have arrested the managing director of the manufacturer, ATSC, 53-year old Jim McCormick on suspicion of fraud. McCormick is a former police officer from Merseyside. He has been released on bail.

These two events come after an investigation by the BBC’s Newsnight program where they tested and revealed the device as a fraud.

The device, manufactured by ATSC Ltd. which operates from a former dairy in Sparkford, Somerset, contains an antenna attached to plastic hand grip which is attached to black box. It requires no battery or other power source, and is supposedly powered solely by the user’s static electricity, the manufacturer claims. It can supposedly detect minute traces of explosives, drugs, human bodies, money, and even elephants provided it has the right card.

The black box of the device is intended to read “programmed substance detection cards” that are supplied with the device. The device supposedly works on the principle of “electrostatic magnetic ion attraction”.

Newsnight brought the device to Sidney Alford, a renowned explosives expert who advises all branches of the UK military. Alford opened up the card reader of the device which was empty. Alford said, “Speaking as a professional, I would say that’s an empty plastic case.” Alford believes that the selling of the device is “absolutely immoral”. He added, “It could result in people being killed in the dozens, if not hundreds.”

They then brought the “programmed substance detection cards” to the University of Cambridge Computer Laboratory. The cards were examined by Dr. Markus Kuhn. When the layers of the card were peeled away, it was found that cards contained nothing but RFID security tags.

“There is nothing to program in these cards. There is no memory. There is no microcontroller. There is no way any form of information can be stored,” said Kuhn. Adding, “These are the cheapest bit of electronics that you can get that look vaguely electronic and are sufficiently flat to fit inside a card.”

The device along with several others has been previously tested by Sandia National Laboratories in the United States. The test concluded that “none have ever performed better than random chance.” The United States Department of Justice has warned law enforcement agencies against buying the device.

The device first came to light in November of 2009, by The New York Times after an increasing amount of car bomb attacks were occurring in Iraq, including the devastating bombing on October 25, 2009, that killed 155. The bombers drove through checkpoints that were equipped with the ADE 651. However, the American magician and skeptic James Randi has been skeptical of the devices since at least October 2008. He offered a $1,000,000 prize if someone could prove the device worked.

Despite what was brought to light by the Times, the Iraqi Interior Ministry stood by the device. Major General Jehad al-Jabiri, who is the head of the Ministry of the Interior’s General Directorate for Combating Explosives, said, “Whether it’s magic or scientific, what I care about is it detects bombs.”

In response to the tests by Sandia Labs and the warning from the Justice Department, “I don’t care about Sandia or the Department of Justice or any of them. I know more about this issue than the Americans do. In fact, I know more about bombs than anyone in the world,” the general said.

Even after the Newsnight program earlier this week, the Interior Minstry still stands by them, “We conducted several tests on them, and found them successful. In addition, we have a series of achievements officially documented by the Baghdad operations centre, from all the provinces, which establish that these devices detected thousands of bombs, booby-trapped houses and car bombs, and we’ve noticed a reduction of bombing activities to less than 10 per cent of what it was,” said General al-Jabiri.

Interior Minister Jawad al-Bolani even chimed in saying, “The thing is, the instrument is being operated by a user. Not all those who use the instrument are fully trained, the user needs to be alert and adept at using it.” The interior ministry has spent over $85 million on the devices, which cost from $40,000 to $60,000, much higher then price given by ATSC, $16,000, despite being warned by the ministry’s inspector general, Aqeel al-Turaihi.

“There was corruption associated with this contract and we referred to this and submitted our report to the Minister of the Interior,” al-Turaihi told Reuters. He added, “We said that the company which you made a contract with is not well-regarded internationally in the field of explosives detectors, and the price is very high and not commensurate with the abilities of this device.”

Meanwhile Iraqi Members of Parliament have called the Iraq Security Forces to stop using the devices. Hussain al-Falluji, a Sunni MP, said, “I proposed to parliament the withdrawal of these machines from service, the formation of an investigative committee and that Iraq recover its money.” Others in parliament are backing his suggestion.

Iraqi citizens are also criticizing the devices. Aqeel Yousif Yaqoub, a 39 year-old man who was caught in the October 25th bombing, said, “If they were effective, how did the suicide car bomb reach this area?” Another man, a perfume salesman named Malik Farhan, noted in June 2009 that the device was attracted to his perfumes.

Farhan said, “They stop us every time. There’s nothing we can do.” Jasim Hussen, an Iraqi Police officer, said, “The vast majority of the people we stop, it’s because of their perfume.” Another officer, Hasan Ouda, added, “Most people now understand it’s what gets them searched, so they don’t use as much.” McCormick said in email, “cheaply manufactured perfumes and some cosmetics” contain trace amounts of the explosive, RDX.

Other police officers have been doubtful of the device. “I didn’t believe in this device in the first place. I was forced to use it by my superiors and I am still forced to do so,” said one police officer who spoke anonymously to the New York Times because he was not authorized to speak. Another officer blamed corruption: “Our government is to be blamed for all the thousands of innocent spirits who were lost since these devices have been used in Iraq.”

McCormick still stands by the device, saying, “I have tested it in practice and it works effectively and 100% reliably.” McCormick also talked to the The Times of London saying, “We have been dealing with doubters for ten years. One of the problems we have is that the machine does look a little primitive. We are working on a new model that has flashing lights.” However, an associate of ATSC, who spoke on the condition of anonymity because of possible retaliation, said, “Everyone at ATSC knew there was nothing inside the ADE 651.”