We're a week past the Rally To Restore Sanity And/Or Fear, but on last night's edition of "The Daily Show," host Jon Stewart faced the music from what looks to be the last wave of rally-scolds.
Space Exploration Technologies (SpaceX) has postponed a planned Nov. 20 launch of its Falcon 9 rocket and Dragon space capsule to no earlier than Dec. 7, according to a company news release.
The Navy keeps pouring money into high-tech ships, next-gen communications gear — even a “death ray” pre-prototype. But if the sea service can’t get costs for the new gear under control, it’s putting itself at risk.
Within less than a year the tumor in my colon had disappeared – all without any help from a doctor or the use of any chemotherapy, radiation, or surgery.
There is a revolution coming that is likely to burst the green global warming bubble: the temperature trend used by the IPCC (the U.N.’s Intergovernmental Panel on Climate Change) to support their conclusion about anthropogenic global warming (AGW) i
Common sense must reassert itself. The message is important. The world will whither and die if it does not recognize global warming for the threat it is.
Over the weekend of November 6-7, 2010, World Bank president, Robert Zoellick , proposed in a column written for the Financial Times that the global economy once more be linked to gold as an anchor to help maintain currency stability and reduce infla
Last week's midterm elections have been characterized as a victory for grassroots Americans who are fed up with Washington and the political status quo. In particular, the elections are being touted as a clear indicator that voters demand reductions
The people who are intent on forcing their ideas on everyone else in Silverado Canyon do not have any respect for human rights. One may wonder whether they also believe that women have no rights over their own bodies, or newspapers over the content o
The US is open to the idea of keeping troops in Iraq past a deadline to leave next year if Iraq asks for it, U.S. Defense Secretary Robert Gates said. "We'll stand by," Gates said. "We're ready to have that discussion if and when they want to raise i
If you work in the mortgage industry or for a title insurer, you might not want to make any plans for the next six months. Foreclosure-Gate is about to explode.
The giant fiscal stimulus and bank lending spree that China launched 2 years ago saved the world from recession. What can Beijing do for a follow-up act? Internationally, the success of the unprecedented pump-priming has accelerated a shift in econom
Achieving REMIC (Real Estate Mortgage Investment Conduit) treatment was an important objective in these securitizations. They were created in the 1986 Tax Reform Act. REMICs are pass through entities, meaning the entity...
"If commodity prices plunge from the current levels and you think they're in a bubble, which I tend to think they are, there is risk" for agricultural banks, said a Rochdale Securities analyst. Grain prices are rising because of demand for grain-fed
Last week we reported on a note from Steven Englander, who predicted that central bank reserve managers would begin dumping dollars in the coming weeks, based on a key set of criteria. Today he confirms that the criteria have been met:
"For the next eight months, the nation’s central bank will be monetizing the federal debt." It gets worse: even though Fisher realizes that what he is doing is unconstitutional, he also admits that the Fed's actions are now is effectively a policy...
The Large Hadron Collider has successfully created a "mini-Big Bang" by smashing together lead ions instead of protons. The experiment created temperatures a million times hotter than the center of the Sun.
Prices are now off -6.8% from their August peak. It looks to me like the housing double dip is here and Ben Bernanke rolled out QE2 just in time to prepare for massive MBS purchases in 2011 when the banks hit another rough patch...
The dollar's position as a reserve currency is now "absurd": namely that more and more in the world are starting to look at the CNY as the new reserve currency.
Silver touched $28.46 an ounce, the highest since March 1980, palladium saw $728.22 an ounce, its highest since April 2001. Platinum hit $1,790 an ounce its highest since July 2008. Spot gold hit $1,422.30 a troy ounce.
Jordan Decker worked too hard, both inside and outside of the ring, to come away from the World Kickboxing Association world championships without a title.
NEW YORK/LONDON – Gold powered to an all-time high above US$1,400.
Gold has risen almost 6% since just before the Federal Reserve detailed its plans last Wednesday to buy $600-billion worth of Treasuries to revive the economy.
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