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However it’s not as bad as WWII or the Great Depression, and we’ll get through it, says the Oracle of Ohama. “You couldn’t have anybody better in charge,” the Omaha resident said of Obama, who’ll be sworn into office on Tuesday. As one of Obama’s economic advisers, Buffett said the president-elect listens to what his [...] Mountaineer and filmmaker David Breashears, who has summited Everest five times, shows photos that show the rapid shrinking of glaciers on Everest. He says those glaciers are no longer storing water, rather they are just releasing it. And millions depend on Himalayan ice melt for water. [...] iPhones were our (late) Xmas presents to each other. I am in geek heaven playing with it. Pete Seeger, Bruce Springsteen, and Seeger’s grandson, Tao Rodriguez-Seege, who is in the excellent group, The Mammals, sing ‘This Land is Your Land” at the Lincoln Memorial. Seeger was blacklisted in the McCarthy era for his political views but never stopped singing about freedom. PS. He’s an old man now, and paid a big [...] Evidence points to the strong possibility that Israel’s military operation in Gaza is being viewed by the Israelis as a dress rehearsal for another war with Hezbollah. Since its defeat at the hands of the Iranian-backed Lebanese resistance movement during an attempted invasion of Southern Lebanon in 2006, the IDF has undergone intensive training in [...] Wind and wave power will co-exist on ocean platforms similar to offshore drilling platforms being developed by Grays Harbor Ocean Energy Company. They could also be powered by natural gas from LNG platforms when the wind isn’t blowing. The company has applied for permits in several states. [...] Today, the most fervent attention in biofuel development has shifted from soil to the sea, and specifically to marine algae. “Algae yields five to 10 times more bioenergy molecules per area, per time, than any terrestrial plant,” said Mitchell, a native of oil-rich Houston, Texas. “Nothing else comes close.” It can also absorb CO2 [...] Get ready for investigators to uncover dozens of more possible Bernard Madoff style frauds. Politco and Morningstar Inc surveyed 1,684 hedge funds that have disclosed their quarterly results for the past 5 years. That’s twenty quarters of results. It seems that 34 of those funds have never reported a down quarter. Goodness, they must all [...] Ehud Olmert, Israel’s prime minister, has announced a unilateral truce in the Gaza Strip. Israel will halt its offensive in Gaza at 0000 GMT on Sunday but troops will remain in the enclave for the time being and will respond to Hamas fire. Can’t see how this will last long, hope I’m wrong. |  | ||||
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