“President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a ‘debt super cycle.’

The CHART OF THE DAY tracks U.S. gross domestic product and the government’s total debt, which rose past $13 trillion for the first time this month. The amount owed will surpass GDP in 2012, based on forecasts by the International Monetary Fund. The lower panel shows U.S. annual GDP growth as tracked by the IMF, which projects the world’s largest economy to expand at a slower pace than the 3.2 percent average during the past five decades. “

(Source: U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day – Bloomberg.com)

“Over the past few weeks, there has been a steady drumbeat of alarmist rhetoric about potential threats online. At a Senate Armed Services Committee hearing this month, chairman Carl Levin said that ‘cyberweapons and cyberattacks potentially can be devastating, approaching weapons of mass destruction in their effects.’

The increased consternation began with the suspected Chinese breach of Google’s servers earlier this year. Since then, press accounts, congressional pronouncements, and security industry talk have increasingly sown panic about an amorphous cyberthreat.

Bush administration cybersecurity chief Michael McConnell recently warned that the United States ‘is fighting a cyber-war today, and we are losing.’ “

(Source: Cyberattacks: Washington is hyping the threat to justify regulating the Internet – CSMonitor.com.)

“THE aliens are out there and Earth had better watch out, at least according to Stephen Hawking. He has suggested that extraterrestrials are almost certain to exist — but that instead of seeking them out, humanity should be doing all it that can to avoid any contact.

The suggestions come in a new documentary series in which Hawking, one of the world’s leading scientists, will set out his latest thinking on some of the universe’s greatest mysteries.

Alien life, he will suggest, is almost certain to exist in many other parts of the universe: not just in planets, but perhaps in the centre of stars or even floating in interplanetary space.

Hawking’s logic on aliens is, for him, unusually simple. The universe, he points out, has 100 billion galaxies, each containing hundreds of millions of stars. In such a big place, Earth is unlikely to be the only planet where life has evolved.”

(Source: Don’t talk to aliens, warns Stephen Hawking – Times Online.)

“To the list of the enemies threatening the security of the United States, the Pentagon has added WikiLeaks.org, a tiny online source of information and documents that governments and corporations around the world would prefer to keep secret.

The Pentagon assessed the danger WikiLeaks.org posed to the Army in a report marked ‘unauthorized disclosure subject to criminal sanctions.’ It concluded that ‘WikiLeaks.org represents a potential force protection, counterintelligence, OPSEC and INFOSEC threat to the U.S. Army’ — or, in plain English, a threat to Army operations and information.

WikiLeaks, true to its mission to publish materials that expose secrets of all kinds, published the 2008 Pentagon report about itself on Monday. “

(Source: Army Sees Document Web Site as a Potential Threat – NYTimes.com.)

“Police have arrested a South Korean couple whose toddler starved to death while they were raising a virtual child online, authorities said.

The couple fed their 3-month-old daughter once a day between marathon stretches in a local Internet cafe, where they were raising a virtual child in the fantasy role-playing game Prius Online, police told local reporters Friday.

Prius Online is a 3-D game in which players nurture an online companion, Anima, a young girl with mysterious powers who grows and increases her skills as the game progresses.”

(Source: Police: Couple nurtured virtual child while real baby starved – CNN.com)