Bank elites and control fraud

William Black on the lack of criminal prosecutions by DOJ

What has gone so catastrophically wrong with DOJ, and why has it continued so long? The fundamental flaw is that DOJ’s senior leadership cannot conceive of elite bankers as criminals.

The feds confuse the bank with the banker. The bankers walk away with personal [...]

Former Israel President Moshe Katsav guilty of rape

Katsav declined a plea bargain, big mistake, and interestingly, the presiding judge is a Christian Arab.

Jonathan Turley

The idea of investigating a former president — let alone convicting one — is viewed a bit differently by this Administration. Attorney General Eric Holder continues to block any investigation into torture ordered by President Bush [...]

Jerry Brown as the People’s Governor?

CalWatchDog, who mostly focuses on California budget and economic issues, ponders why those hosting inagural parties for incoming governor Jerry Brown are calling him “the people’s governor” as such language has a strong leftist, almost Marxist tinge to it.

I’m not suggesting these folks are commies. In fact, I know [Orange County Employee's Associantion president], [...]

IBM game-changing predictions for next five years

IBM on the near future. You’ll beam up your friends in 3-D. “Let’s have our holgrams meet for a chat at 5 pm.”

Batteries will breathe air to power our devices. Or maybe energy-scavenging will replace batteries!

You won’t need to be a scientist to save the planet. Real-time sensors everywhere will communicate massive amounts [...]

Wheego. EV or runaway roller skate???

The [Wheego] LiFe two-seater has a price tag of $32,995 (only $25,495 after the $7,500 tax credit) has a range of 100 miles per charge, is made of 75% U.S. content and is assembled in Ontario, California.

New arrest in insider trading investigation

Winifred Jiau was arrested on federal charges of selling insider information to hedge funds for $200,000. This is the latest in a series of arrests, moving up the food chain to the big dogs. There will be obvious pressure on Jiau to tell the feds all she knows in return for lesser charges.

Tell me [...]

Hybrid truck fleets

Eaton Coprporation is supplying hybrid trucks to customers worldwide. It’s not just because they want to hug trees, the hybrids save them money too.

Benefits include “a drop in fuel usage of 35 percent, extended brake life and a reduction in idle time by 87 percent”

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10 predictions for 2011

There will be many bankruptcies by municipalities. Some states will either default or laws will be changed to allow them to file for bankruptcy. Major battles will erupt over underfunded public pensions and be used by conservatives as a proxy for attacking public unions. Major advances in renewable energy, especially in offshore wind, solar thermal, and [...]

Scotland on track for 80% renewable energy by 2020

We can do that here too. We have the resources and know-how. All we need is the consensus and determination to do it. Then we would have copious amounts of clean energy produced with our own resources within our own borders.

Scotland already gets 29% of its energy from renewables. By 2020 it will be [...]

Assam tea taste, crop yields affected by climate change

The yield for Assam tea is dropping fast despite being grown on more land, and the tea is losing its distinctive flavor. Climate change, as well as changing fertilizer and cultivation methods, are the apparent suspects. With the taste gone, international sales will surely drop.

Average temperatures in the region have increased 1°C over [...]