Chicago Climate Exchange cease operations

Cap-and-trade is dead in the US, killed by an uninterested Obama Administration and the Republican mid-term victories. It was always a kludgy idea, made worse by being voluntary not mandatory and also easily gamed by investment banks who just viewed it as one more potential revenue stream to be manipulated. Obama of course has [...]

Today we are all Irish. Stop the banksters

Ireland should default on their debt and force the banker thugs to take a haircut on their investments. And that’s precisely what might happen after their craven and corrupt government falls. The new government will be much more militant and should simply repudiate the debt.

Krugman

These debts were incurred, not to pay for [...]

Robert Reich frets about Sarah Palin

He thinks her guerrilla run to win the Republican presidential nomination could be successful because of her appeal to the white working class and that Obama is doing little to stop her

Two points

1) The white working class has indeed gotten screwed. And yes, they’re pissed, deservedly so. The Democrats need to start paying [...]

What to do when FBI raids your hedge fund

Bloomberg offers some helpful advice

Web designers vs web developers

Web Designers vs Web Developers is brought to you by Wix.com

I confess to wearing cargo pants (hey, I carry a lot of gear) and sure aren’t afraid of databases…

Black Friday shopping frenzy

It’s official. The US is insane.

Euroskeptic blasts EU banksters for looting the system

“The euro game is up… Just who the hell do you think you are? You are very dangerous people”

Famous euroskeptic Nigel Farage in just under 4 brief minutes tells more truth about the entire European experiment than all European bankers, commissioners, and politicians have done in the past decade.

Just who the [...]

Peter ‘Sleazy’ Christopherson. 1955-2010

Cosey Fanni Tutti , Peter Christopherson, and Chris Carter. (Chris Carter photo)

From bandmates Cosey Fanni Tutti and Chris Carter. Their band, Throbbing Gristle, was a founding member of industrial music, way back 1976. With fellow bandmate Genesis P-Orridge they have have continued to make pushing-the-boundaries art and music. Huge talents, all of them. [...]

Jay Leno drives the smoking Jaguar C-X75 mostly electric supercar

This beast has four electric motors, each cranking out 195 hp plus two jet turbine engines. It’s still a concept supercar, but OMG, electric vehicles have full power instantly from a standing stop, which means there are very few vehicles this couldn’t out-accelerate.

But, as he points out in the video, if you’re test [...]

Al Gore: Corn-based ethanol was a mistake

First generation corn-based ethanol is inefficient and highly subsidized. Gore now favors second generation cellulosic ethanol from crop leftovers and switchgrass.

“It is not a good policy to have these massive subsidies for first-generation ethanol…One of the reasons I made that mistake is that I paid particular attention to the farmers in my home [...]