Day September 21, 2007

Why the Fed rate cut isn’t working

By yesterday, however, the markets were moving in ways that cannot have made the Fed happy. The dollar fell — an expected result from cutting short-term interest rates — but long-term rates rose, and so did mortgage rates.”Alan Greenspan’s conundrum…

Brit bloggers take on billionaire freedom-hater

Alisher Usmanov, Uzbek billionaire, wants to buy the Arsenal Football Club. British bloggers began exposing his apparent sleazy, violent past. He retaliated by getting their sites thrown off their servers. This includes the site of Craig Murray, former UK Amabassabor…

California Water Crisis

(The Sacramento-San Joaquin Delta. It is the largest estuary in the Western Hemisphere and a major source of water for much of California.) Some instructive quotes from just-launched California Water Crisis, who plan to educate the public about the seriousness…

Marx was a greenie

“When we look at the real history of the emergence of ecological thinking and science, there can be little doubt that Marxists and socialists were forerunners of it. They were many of the principal figures in the development of ecological…