Here's an interesting little article!

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

http://www.businesstoday.com/techpages/y2kchronic11051999.htm

U.S. Y2K adviser terms glitch chronic Reuters Friday, November 5, 1999

"President Clinton's chief adviser on the Year 2000 technology glitch warned the nation Thursday that Jan. 1 would not mark the end of Y2K-related concerns."

"At the same time, a working group led by the Treasury Department voiced concerns about the Y2K readiness of key public and private institutions and the infrastructure of many countries including China, India, Russia."

"The President's Working Group on Financial Markets cited concerns about small- to medium-sized enterprises worldwide, including in the United States, and about ``the financial sector in several small European markets'' that it did not name."

``One risk is the potential for a 'domino' systemic effect brought about by significant disruptions to these groups because of the Y2K rollover,'' said the working group, which consists of the Treasury, Federal Reserve Board of Governors, the Office of the Comptroller of the Currency, the Securities and Exchange Commission and the Commodity Futures Trading Commission."

"Many of the countries that are least prepared for the Year 2000 are important energy exporters, said the report, prepared at the request of Rep. John Dingell of Michigan, the ranking Democrat on the House Commerce Committee."

ENERGY EXPORTERS THREATENED

``Any significant disruptions from the century date changeover that impact (the energy) industry locally could have a negative impact on the U.S. and global economies,'' the report said."

"It cited Russia, Iran, Venezuela, Nigeria, Algeria, Indonesia, Turkmenistan, Malaysia, Uzbekistan, Nigeria, Angola, and Colombia as among energy exporters that ``may experience disruptions tied to Year 2000.''

"John Koskinen, Clinton's Y2K czar, told Congress that one of the most troubling Y2K myths ``is the notion that January 1 is a seminal date on which everything, or nothing, Y2K-related will occur.''

"In testimony to a joint hearing of House of Representatives subcommittees, Koskinen said Y2K problems ``can happen any time a computer that is not Y2K-compliant comes into contact with a Year 2000 date -- before or after January 1.''

"Koskinen, chairman of the President's Council on Year 2000 conversion, said experts would have to monitor automated systems ``well into the new year for flaws in billing and financial cycles and possible slow degradations in service.''

``So I think it is important for the public to know that January 1 is just one of the important dates in the life of the Y2K issue,'' he said."

"Koskinen said basic U.S. infrastructure was ready for Jan. 1, when unprepared computers could crash if they misread the last two zeros in the date field and mistake 2000 for 1900."

U.S. PERFECTION IMPOSSIBLE

"But not every system will be fixed in time, ``and no amount of testing can ensure perfection,'' he said. He noted that a few federal agencies encountered glitches -- even in systems that had been fixed and tested -- when fiscal 2000 began on Oct. 1."

``We also expect failures in sectors where large numbers of organizations were late in starting or, even more troubling, are taking a wait-and-see approach,'' Koskinen said."

"In separate testimony before the House panels, J. Patrick Campbell, chief operating officer of the Nasdaq stock market, disclosed plans for a public relations blitz designed to prevent any panic sell-offs as 2000 approaches."

"The securities industry is taking out ads in major daily newspapers -- including the New York Times, Wall Street Journal, Washington Post and Los Angeles Times -- in the next few weeks to ``separate Y2K fact from fiction,'' he said."

"The text of the ad call on investors to ``stay invested for the long term,'' adding: ``We believe the market will continue to reward prudent investors with the patience to stick to sound investments over time.''

-- Deb M. (vmcclell@columbus.rr.com), November 07, 1999

Answers

"The securities industry is taking out ads in major daily newspapers -- including the New York Times, Wall Street Journal, Washington Post and Los Angeles Times -- in the next few weeks to ``separate Y2K fact from fiction,'' he said."

"The text of the ad call on investors to ``stay invested for the long term,'' adding: ``We believe the market will continue to reward prudent investors with the patience to stick to sound investments over time.''

======================================================================

They're joking, right?

-- Andy (2000EOD@prodigy.net), November 07, 1999.


Andy you need to take your own ad out in all of these newspapers.
Y2K IS COMING

BUY GOLD

WE ARE ALL DOOMED*

FLIGHT 990 WAS BOMBED

THE NBA IS RIGGED

KLINTON IS PREPAING FORMARTIAL LAW

I GUARANTEE IT*!!!

*Guaranteed Disaster is not actually Guaranteed.

-- Butt Nugget (catsbutt@umailme.com), November 07, 1999.

Call me Mr. Butterfingers. This should be better now.

-- Butt Nugget (catsbutt@umailme.com), November 07, 1999.

Too funny Mr. Nuggett, ROTFLMAO. However, with a first name like Butt you might want to give Andy a wide berth.

-- Truth (at@the.ready), November 07, 1999.

Hey Nugget

990 most probably was bombed. You're living in a very safe fantasy world if you believe it had some type of mechanical failure.

For example

1. initial reports failed to mention the number of Egyptian military on board the plane, despite the fact that this was widely known

2. initial reports began denying the terrorist angle immediately despite the fact that this explanation is the MOST likely

3. go back and check the timestamps on the articles which mention the thrust reverser problem, they came out shortly after it was announced that 35 military officials from Egypt were on board including a Brigadier General. These troops were part of "Operation Bright Star" in which the US shares mil tech with Egypt Army.

4. The Egyptian military clamped down hard in the month prior to the flight "falling out of the sky" on a group called the "moslem brotherhood or something". These are the same happy faces that brought you the movie "Machine Guns at Luxor" in which at least 40 or so Brits were gunned down mercilessly.

5. Once the reporters began to actually look into the popular "thrust reverser argument, they found that the problem was nine fucking years old. The Egyptians, fed up with this crap explanation came out and officially denied that they had a thrust problem reported by anyone, least of all the pilot of that flight. Then some bright person realized that the problem could not have been caused by a thrust reverse problem as the plane would of veered sharply of course one direction or the other. Which it did not. Instead, it fell straight the hell down into the water.

6. Shortly after this story came out we had the "new evidence" of the "roller coaster ride".

How fucking stupid does one have to be to buy this crap? Or should I say simply gullible and trusting. If TSHTF next year, try hanging a sign in your yard that says, "Hey Mr. Badguy, please don't hurt us, we're unarmed and scared and we don't own any firearms."

-- Gordon (g_gecko_69@hotmail.com), November 07, 1999.



``Any significant disruptions from the century date changeover that impact (the energy) industry locally could have a negative impact on the U.S. and global economies,'' the report said."

"It cited Russia, Iran, Venezuela, Nigeria, Algeria, Indonesia, Turkmenistan, Malaysia, Uzbekistan, Nigeria, Angola, and Colombia as among energy exporters that ``may experience disruptions tied to Year 2000.''

Koskinen SHOULD HAVE CONNECTED THE DOTS HERE for the benefit of the typical American who may not understand the importance of these countries.

-- snooze button (alarmclock_2000@yahoo.com), November 07, 1999.


Here we go again folks. While the hard working professionals are seeking answers to yet another tragic air crash, the thought- challenged idiots like Gordon have already solved this mystery. Another example of a weak mind controlling a wide mouth.

-- Shut (the@phuck.up), November 07, 1999.

Note this Post was a view represented from Reuters. The same info presented by AP gives an entirely different view. Talk about disconnect, read the discussion in this thread.

http://greenspun.com/board/q-and-a-fetch-msg.tcl?msq_id=001ilj

-- Tommy Rogers (Been there@Just a Thought.com), November 07, 1999.


On More try;;;;;

http://greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001iIJ

-- Tommy Rogers (Been there@Just a Thought.com), November 07, 1999.


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