Smoot-Hawley Buried In the Energy Bill

http://www.state.gov/r/pa/ho/time/id/17606.htm

http://msnbc.msn.com/id/8659492/

Smoot-Hawley have the dubious distiction of being the doormen that ushered in the Great Depression. Once again, the smoot-hawley threat has reared it's ugly head, but this time it's hidden in the energy bill. "Estimates of the savings in energy consumption were based on figures compiled in the 1970s". It seems small and innocuous, but it's really a deadly economic time bomb - the new DST standard. For those who understand, they remember the panic of the y2k bug in computers, that would effect every machine that was dependent on the clock and an accurate time standard. To deal with y2k, they began work in 1997 (three years a head of y2k). DST is planned for Oct.2005 and no work has been done to patch and repair all the computers dependent on the clock.

Here's what's at stake and the cost;

1. bank time codes and door locks
2. commodity, stock, futures - time code stamps and trading system clocks
3. All delivery and supply chain systems
4. All travel systems
5. All consumer and business electonics with clock have to be replaced
6. All utility systems (computer based clocking systems)
7. All telecommunication systems (military and civilian)
8. All media systems (TV, advertizing, etc.)
9. Any system, business, service with a computer

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