Month July 2010

Arcimoto Pulse. 3 wheeler EV

Hmmm, not sure what to make of this. The Arcimote Pulse might make a good city car for doing errands with but the current lead-acid battery version has a range of just 40 miles. Future lithium-ion versions will go 80-100…

California approaching “fiscal meltdown”

But rather than act like adults, the legislature, governor, and assorted politicos and special interests instead are mostly howling about the Blue Meanies on the other side who are blocking progress. Furloughs (mandatory pay cuts) have been ordered by Schwarzenegger…

Government debt is a “pure Ponzi scheme”

So says Nassin “Black Swan” Taleb in Businessweek. The problem is getting runaway. It’s becoming a pure Ponzi scheme. It’s very nonlinear: You need more and more debt just to stay where you are. And what broke [convicted financier Bernard]…

Fools Gold. Inside the Glenn Beck Goldline scheme

Infographic by The Big Picture Ritholtz explains it in a humongous graphic.(Click to view it full-sized.) Basically, it’s bait and switch. Customers call for bullion and get pushed into collectible gold where the spreads and commissions are much higher (plus…