Federal Reserve moral hazard smoking gun

(While I prefer to post about cleantech at night, about something optimistic and positive rather than just more on the slime oozing out of Wall Street. However this story looks to be huge. Mark my words, the AIG scandals will metastasize into a cancer that will make Enron look small.)

In August 2008 Goldman [...]

How to survive rocket attacks

(Instructables photo.)

On the topic of preparedness, someone sent me a link to this “How To” guide for surviving a rocket attack.  Farfetched? The author lives in Israel, and says, “The intention of this instructable is not to be political but to offer a ‘How to Survive Guide’ in the event you might be [...]

Most irony-impaired wall street research title. Ever.

From financial blog The Big Picture

I just read a research report from Dick Bove of Rochdale Securities that made me actually laugh out loud. It has the most irony impaired title I have ever read — the bold, all caps, title Bove penned was:

WILL IGNORANCE, DECEIT, AND RAGE DESTROY THE FINANCIAL SYSTEM?

[...]

Corporations as vampires

Promoted from a comment by Woody

The problem is that personhood grants corporations all the rights of being a person while giving them none of the responsibilities or penalties. People can be incarcerated or sentenced to death for crimes, corporations can’t. People eventually pass away, and are forced (by death) to pass on their [...]

Biodiesel healthier for miners, tests in mines show

Extensive testing in several mines shows using biodiesel is healthier for miners, reduces emissions and the equipment runs cleaner and thus needs less maintenance.

“Biodiesel emits fewer diesel particulates than conventional fuels, and when used in the underground mining operations, that translates to a safer work environment for our employees” said a mining company VP [...]

Huge apartment project in Manhattan goes to creditors

Hey, let's pay billions for real estate at the top of the market then have an idiotic business plan for making money

Tishman / BlackRock just pulled the plug on Stuyvesant Town, a huge residential project in Manhattan. They bought at the top of the market in 2005, paying $5.4 billion for it. It [...]

What the “I’m Mad-As-Hell” Party could do

Former Sec. of Labor Robert Reich

A third political party is emerging in America. Call it the I’m-Mad-As-Hell party

It’s a mistake to see the Mad-As-Hell party as just a right-wing phenomenon – the so-called Tea Partiers now storming the gates of the Republican Party. There are plenty of mad-as-hellers on the left as [...]

Let’s go to Turbine City

Designboom on a plans for a combined offshore wind farm and tourist resort in Norway.

‘Turbine city’, would utilize offshore wind turbines as a means of creating potential for tourism. the proposal would see the integration of a hotel, spa and museum built in a turbine within an offshore wind farm. just 1MW from [...]

On the Supreme Court ruling on corporate contributions

Facebook friends weigh in.

Doug Henwood. I’m getting distressed watching all my FB friends join the Abolish Corporate Personhood group. And what then? Return to proprietorships and partnerships? Or socialize the things? The corp personhood thing is mostly a small is beautiful petit bourgeois fantasy that’s not been thought through.

He does have a [...]

The Lonely Ions. Peak Oil Blues

Lyrics and info

We had us some fun, burnin’ it up like a billion little suns Turning it day from night, yea we did it up right It was a hydrocarbon party that was ragin’ for generations But the Sun’s coming up now and, man, it ain’t pretty

We’re on the back-side of the peak [...]