Month June 2009

Congressman: Banks have captured regulatory agencies

That’s what Rep. Alan Grayson says, and even the Wall Street Journal apparently agrees. Check their interactive graphic of financial related contributions to members of the House Financial Services Committee in 2009. The committee pushed to ease financial reporting standards.…

Desalination and California

As many as twenty desalination plants are planned for California. Sure, the state needs water, lots of it. But desalination is extremely expensive and uses lots of fossil fuels and electricity in the process. Then’s there’s the whole question about…