Month May 2009

Scotland making huge push toward wave and tidal power

The turbulent seas off Scotland could product massive amount of tidal and wave power. However, the industry is still in its infancy, with technical issues and financing sometimes being problematic. However tidal power is steady and consistent, a major advantage.…

Sue’s Dire Corner

This sumptuously appointed desk area is where Sue has spent the last nine months reading IRS tax codes 8-12 hours a day. In particular, note the elegant lighting fixtures. She calls it “the dire corner” wedged as it is into…

FDIC seizes three banks Friday

Three more banks were taken over Friday by the FDIC, including Silverton in Atlanta GA, the nation’s largest bank of banks, with 1,500 customer banks. Silverton killed itself by drinking too much housing boom kool-aid. It created a huge portfolio…