Yet another multi-billion dollar investment fraud

“It’s great having pals like you, George.” Allen Stanford and Dubya, from the always wonderful and snarky ClusterStock.

U.S. regulators accused R. Allen Stanford of running a “massive, ongoing fraud” while selling about $8 billion in certificates of deposit

His investment company had claimed returns between 10% and 15% a year since 1995 by [...]

California legislature meets now to pass budget

California legislature in super-secret strategy session

Well, that’s what the California legislature has promised at least. To meet today at 10am to pass the budget. But then, they’ve been whining, delaying, and squabbling about the budget for months now. The state is broke. Gov. Lunkhead plans to layoff 20,000 workers today.

None of [...]

Rice has much higher carbon footprint than beef

DJ at Asymptotic Life crunched the numbers and found that beef has a high carbon footprint, but (surprising to me) rice more than an order of magnitude higher.

Two foods stood out from the pack as far worse than the others: Per pound eaten, rice creates 276 pounds of CO2 , and beef 11.5 [...]

More unwarranted Perkypants optimism

This time from And the Cow Goes Moo, who dares to ponder what will happen after the recession.

If we can spend a billion here to save a billion in the future, that seems like a great deal to me.

If we can spend $10 billion modernizing our infrastructure to reduce energy loss in [...]

Wireless electricity is here

Ryan Tseng holds his wirelessly lit lightbulb 3 inches above its power source. Photograph by Phillip Toledano. Fast Company

Wireless electricity exists now. Have a pile of cell phones and iPods to recharge? Just drop them on the recharging platform, no wires needed. Ditto for electric power tools.

There are three ways to do [...]

4th Annual S.F. Pillow Fight

Laughing Squid has exhaustive coverage of this important event, including video of the UN Pillow Inspections and reports by PNN (Pillow News Network.)

A ‘fraud’ bigger than Madoff

Senior US soldiers investigated over missing Iraq reconstruction billions

“I believe the real looting of Iraq after the invasion was by US officials and contractors, and not by people from the slums of Baghdad,” said one US businessman active in Iraq since 2003.

My liberal identity

My Liberal Identity:

You are a Peace Patroller, also known as an anti-war liberal or neo-hippie. You believe in putting an end to American imperial conquest, stopping wars that have already been lost, and supporting our troops by bringing them home.

Take the quiz [...]

Stimulus bill greatly boosts cleantech

TriplePundit details the just-passed stimulus bill, which has $37.5 billion for cleantech and renewable energy, including $17 billion for high speed rail, as well as a multitude of tax credits.

Perhaps what’s most exciting about this bill isn’t the spending included, but the spending it will incite.

Existing tax credits for cleantech have been [...]

Has Disaster Chic done got out of hand?

Sue comments that I must have drank the Obama Koolaid, based on my previous post, Disaster Chic, which pondered that the current TEOTWAWKI (The End Of The World As We Know It) meme perhaps “has done got out of hand.” Other commenters seem to think we’d all have a jolly good time living with [...]