Ethanol from corn

Colin at Celcias is bicycling across the nation and is currently pushing through Nebraska. He’s awed by the amount of corn grown there, but then does the math on the huge subsidies for corn ethanol.

Corn ethanol subsidies totaled $7 billion in 2006 for 4.9 billion gallons of ethanol. That’s about $1.50/gallon This breaks [...]

New Orleans remains a tale of two cities

Malik Rahim, community organizer in New Orleans, talks about the unequal recovery from Hurricane Katrina.

It’s almost two year almost two years after Katrina destroyed much of New Orleans. What is the situation now?

It is still a tale of two cities. In the Deep South, everything is determined by racism and privilege. So, if [...]

Greek fires caused by developer greed?

Some of the raging forest fires in Greece may have been deliberate arson for financial gain. Forested areas are not allowed to be developed, but cleared areas are. The Greek government is now saying the fires may be considered as terrorism. “So many fires breaking out simultaneously in so many parts of the country cannot [...]

The poverty draft continues

The US Army is now offering a $20,000 signing bonus if new recruits join by the end of September.

Southern Yellow Pine and private jets

Steve Wozniak, co-founder of Apple, on building energy-efficient homes.

You build a home out of a type of wood that keeps the temperature constant without air conditioning or heaters. The miracle wood in this category is Southern Yellow Pine. As for renewable resources, more Southern Yellow Pine trees are planted each year than are used. [...]

Credit crisis spreads

Private equity companies that bought out public companies like Chrysler now need immediate cash because of the credit crisis. This does not bode well for the employees of those companies.

It seems that private equity funds (I also call them Kings of Junk) that were hit badly by recent junk bond crash are engaged in [...]

Reason 932 to dump Windows

Windows Genuine Advantage servers have been malfunctioning and marking legitimate copies of XP and Vista as counterfeit.That’s right, the program that Windows PCs are forced to contact on a regular basis to prove their copy is legit decided to mark them as pirated instead. Microsoft is reporting the problem is fixed but offers no apology [...]

There is no immigrant crime wave

There is nothing wrong with having a debate about immigration. But it is deplorable to falsely stereotype and malign millions of law-abiding people because of one’s desire for a particular outcome in that debate.

Subprime crisis not contained

Subprime crisis forces cuts in economic growth estimates

Credit crisis bleeds into retail

Bank of China, the second largest bank inChina, reports heavy subprime exposure, $9.7 billion.

Gosh, wasn’t all this supposed to be contained? That’s what the talking heads said… Condos and commercial real estate are at risk too. I mean, don’t even think [...]

Cuban Five appeal in Atlanta

Bill Paparian was there on Monday for the 11th U.S. Circuit Court of Appeals hearing for the Cuban Five.

The defense attorneys told the appeals panel that prosecutors had made improper statements and the evidence used to convict was insufficient. “Every type of prosecutorial misconduct ever identified in case law occurred here, in some [...]