Month December 2011

50 economic numbers almost too crazy to believe

#1 A staggering 48 percent of all Americans are either considered to be “low income” or are living in poverty. #2 Approximately 57 percent of all children in the United States are living in homes that are either considered to…

Corsine belongs in prison

Bottom line is that Top 0.1% golden boy and MF Global CEO Jon Corzine appears to have used customer funds to pay off the firm’s losses in bets made with its own money.) Americablog has much more.

World’s largest tidal power farm to open in France

OpenHydro is supplying the four 2-MW turbines, 115 deep off the coast of Paimpol-Bréhat. The turbines are each 72 feet in diameter and are anchored along the seabed. This is clean, renewable energy being produced on a completely reliable schedule.…