Archive for the 'Economy' Category
Gold and Gold Mining Shares As a Percentage of Global Assets
October 16th, 2010Via: Precious Metals Warrants: From our readings of Casey Research we found a great chart and comments from Eric Sprott of Sprott Asset Management, we bring this to your attention: Eric Sprott – ….”The conventional wisdom is that gold is in a bubble. It isn’t so. At the just-concluded Casey’s Gold & Resource Summit, Eric […]
Family Farm Ordered to Destroy 50,000 Pounds of Cheese
October 15th, 2010Via: Poor Richard’s Blog: Morningland Dairy is the latest attempt by the FDA to fulfill the Healthy People 2020 objective to kill raw dairy. Morningland is owned by Joseph and Denise Dixon, who operate the cheese plant and make raw cheese from cows kept right on the property and managed by one of their eldest […]
Alan Grayson to FBI: Bring Criminal Charges Against Banks Over Foreclosure Fraud
October 15th, 2010Via: Market Ticker: October 14, 2010 Robert S. Mueller III Director Federal Bureau of Investigation 935 Pennsylvania Avenue, NW Washington, DC 20535 Robert O’Neill U.S. Attorney Middle District of Florida 400 North Tampa Street, Suite 3200 Tampa, FL 33602 Dear U.S. Attorney O’Neill and Director Mueller, When it comes to foreclosures, there is mounting evidence […]
Gold: New Record High, $1388
October 14th, 2010Warning: This is not a recommendation to buy, sell or hold any financial instrument. Continuing its sharp decline, the U.S. Dollar Index is nearing an important “make or break” level as indicated on the monthly interval chart below. This pattern is a massive bearish pennant, but as you can see, there are significant rallies as […]
50 State Attorneys General Announce Foreclosure Probe
October 13th, 2010Via: Washington Post: The attorneys general of all 50 U.S. states announced Wednesday that they are joining to probe mortgage loan servicers who are accused of submitting false affidavits, but they stopped short of calling for a national moratorium. The multistate investigation will initially focus on whether Bank of America, J.P. Morgan Chase, Ally Financial […]
Super Soaker Inventor May Hold the Key to Affordable Solar Power
October 13th, 2010Take this graph into consideration as you read the piece below. Via: The Atlantic: From his childhood in segregated Mobile, Alabama, to his run-ins with a nay-saying scientific establishment, the engineer Lonnie Johnson has never paid much heed to those who told him what he could and couldn’t accomplish. Best known for creating the state-of-the-art […]
The Crisis of the Humanities Officially Arrives
October 13th, 2010I personally know someone who recently got a tenure track position in a French department. Yes! It’s true. (I exhale deeply and lean back in my chair with sense of awe and wonderment at his achievement.) Of course, he might simply be fired after four to eight years—increasingly, this is how alleged tenure track jobs […]
Google to Invest in Offshore Wind Power Project
October 12th, 2010Via: AP: Google is investing in an extensive network of deepwater transmission lines worth billions for future wind farms off the East Coast, the company said Tuesday. The transmission lines, which could cost up to $5 billion over the next 10 years, would run as far as 20 miles offshore from Virginia to New Jersey. […]
China Stakes Claim to South Texas Oil, Gas
October 12th, 2010Via: Houston Chronicle: State-owned Chinese energy giant CNOOC is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields, potentially testing the political waters for further expansion into U.S. energy reserves. With the announcement Monday that it would pay up to $2.2 billion for a one-third stake in Chesapeake Energy assets, […]
The Coming Middle-Class Anarchy?
October 12th, 2010Via: Gonzalo Lira: Brian and Ilsa—the nice upper-middle-class retired couple, who always follow the rules, and never ever break the law—who don’t even cheat on their golf scores—even when they’re playing alone (“Because if you cheat at golf, you’re only cheating yourself”)—have decided to give their bank the middle finger. They have essentially said, Fuckit.
