As for the Fed, I venture to say that a common jury of 12 American men and women placed on the Federal Open Market Committee would have done a better job of setting monetary policy over the last 20 years than Doctors Bernanke and Greenspan.
A devastating report in the New York Times documents how Timothy Geithner’s New York Fed worked tirelessly to make sure that AIG was forced to pay banks such as Goldman Sachs 100 percent on dubious contracts...
Lafdi and his team have been producing 500 feet of 12-inch-wide fabric per day at a pilot plant in UDRI’s Shroyer Park Center. The Third Frontier award, announced May 26 in Columbus, will be ma
When it comes to sex, we put this capacity to very good—or at least, very frequent—use. In a now-classic, pre-Internet-porn (I’ll get to that later on) study by British evolutionary biologists Robin Baker and Mark Bellis, male university students wer
But one of those physical limits may have just been stretched: heat loss. Nanosize crystals of semiconducting material, in this case a mixture of lead and selenium, move electrons fast enough to channel some of them faster than they can be lost as he
Fish, turtle and bird bones found in fire pits on a remote Pacific island may be signs of Amelia Earhart's last efforts to survive
Amelia Earhart, the legendary pilot who disappeared 73 years ago while flying over the Pacific Ocean in a record
Now the article is somewhat interesting but the comments section is where the real fun is, those people are crazy they see the words "gay" and "protest", hilarity ensues. Also Gay Advocacy Groups Battle Over Arizona Boycott is in there read that
House Minority Leader John Boehner (R-Ohio) . . . that the Social Security retirement age should be raised to 70. . .Ensuring there's enough money to pay for the war will require reforming the country's entitlement system, Boehner said
In a remote corner of the Peruvian Andes, men in paint-daubed boilersuits diligently coat a mountain summit with whitewash in an experimental bid to recuperate the country's melting glaciers. It's a bizarre sight at 15,600 feet above sea level.
The ball was designed by boffins at Loughborough University, England, and every effort was made to give it superior aerodynamics: the panels are stitched internally to create a near-perfect sphere, and Adidas' "Grip'n'Groove" technology is inten
The cross Jesus supposedly died on may not actually have been a cross. The New Testament said that Jesus died some way on something called a staurus ... that's a Greek name for a cross or a pole or something ... I call it an execution device only to
Reversing its oft-repeated position that it was acting only on behalf of its clients in its exotic dealings with the American International Group, Goldman Sachs now says that it also used its own money to make secret wagers against the U.S. housing m
Iran's state television aired what it said was footage of a missing nuclear scientist on Tuesday, the third video to emerge in weeks giving conflicting accounts of the fate of a man Tehran says was kidnapped by the CIA.
The USA is accepting help from 12 countries and international organizations in dealing with the massive oil spill in the Gulf of Mexico, the State Dept. said. The State Dept. said in a news release that the USA is working out the particulars of the h
Investors fled the U.S. stock market on Tuesday and the S&P 500 tumbled to its lowest level in eight months in a sell-off triggered by a wave of increasing alarm over the global economic outlook.
Suspected U.S. missiles hit a house Tuesday in a Pakistani tribal region along the Afghan border where the army has been battling Taliban fighters, intelligence officials said. At least 10 suspected militants were killed, including a possible al-Qaid
The latest bombshell kicks off Week Two of the Al Gore Sex Attack Scandal--and it's a doozy. The National Enquirer says they have "DNA and video evidence and a key witness" that prove that former VP Al Gore is a "pervert and a sexual predator." Whew!
The Terrafugia, a small airplane that can drive on roads and has been billed as the first "flying car," is now one step closer to becoming street- and sky-legal. The vehicle has cleared FAA regulatory hurdles for craft classification by weight.
"What does Washington want from Mexico? On the security side, the U.S. seeks total control of Mexico's security apparatus. With the creation of NORTHCOM (Northern Command) designed to protect the U.S. landmass from terrorist attack, Mexico is design
'If there are increases in cancers as a result of irradiation of children, they would most likely appear some decades in the future. It would be prudent not to scan the head and neck,' he added.
Last year, Dan Alpert, described the huge stock market rally that followed the March lows as the "greatest sucker's rally in history." He also produced a fascinating series of news clippings from early 1930, a few months after the historic market cr
The intention of Central Bank of Russia would be to cause a 50 percent overnight devaluation of the U.S. dollar and displace the U.S. dollar as the leading global reserve currency. The expected market value of gold resulting from this...
In this case, a spendthrift Congress coupled with loose monetary policy at the Fed, effectively encouraged housing and other speculation. The depression we are in now is a result of massively failed policy. The same policy cannot possibly...
The bond market is telling a very important story here and it is one of a
deflationary depression. We may not agree with Paul Krugman’s cure of solving
a credit collapse by trying to create even more credit, but his diagnosis...
Top flight technician Mary Ann Bartels (BofA/ML) comments on the one-year anniversary of the Golden Cross, and the “Dark Cross” — its evil twin — that is now upon us:
Didn't know this was possible, but I tried it and it works: Have you ever wanted to text message a friend while you were busy working on the computer. But your cell phone was not available? Send that friend a text message via email. Here's how!
Stocks extended their decline on Tuesday, with the S&P 500 down more than 3 percent, after data showed U.S. consumer confidence plunged in June and on fresh concerns over euro-zone fiscal problems.
Two stories of cops evading accountability: Virginia police are stonewalling the shooting of an unarmed motorist sitting in his car; and, Maryland cops are arresting citizens videotaping on wire-tapping charges. Are these more examples of surly publi