By Suzanne Goldenberg

The brains trust of the Pentagon says it is just months away from producing a jet fuel from algae for the same cost as its fossil-fuel equivalent.

The claim, which comes from…

With Geoff Lawton

Also see previous blog post:

Greening the Desert

By Mark Anderson

According to an independent British newspaper editor, in the not-so-distant future, English drivers will be charged based upon the number of miles they drive, as is being done step…

By Alan Feuer

The critical lawsuit challenging that mystery of finance known as the Bailout started, oddly enough, with a casual newsroom chat.

Mark Pittman, an investigative reporter for Bloomber…

By Craig Torres and Christopher Condon

The Federal Reserve is in talks with money-market mutual funds on agreements to help drain as much as $1 trillion from the financial system as policy makers p…

Continue reading The Ed Show

Continue reading Super Bowl XLIV 2010 Highlights New Orleans Saints 31-17 Indianapolis Colts
YouTube

By Aoife White

The European Parliament on Thursday strongly rejected a deal that would have allowed U.S. authorities access to European bank transfers — a vote the United States said disrupted an…

By Ari LeVaux

Big Ag is at fault for the nation’s food-borne illness outbreaks — but a raft of pending food safety legislation unfairly penalizes smaller producers.

Thanks to a recent spate of hi…

Continue reading On the Edge with Max Keiser – 06 February 2010

By Anny Shaw

The last member of a 65,000-year-old tribe has died, taking one of the world’s earliest languages to the grave.

Boa Sr, who died last week aged about 85, was the last native of the Anda…

The world’s central bankers began arriving in Australia yesterday as renewed fears about the strength of the global economic recovery gripped world share markets.

Representatives from 24 central bank…

WASHINGTON – Al Qaeda can be expected to attempt an attack on the United States in the next three to six months, senior intelligence officials told Congress yesterday.

CIA Director Leon Panetta said …

Photo: Daniel Kurtzman’s Political Humor Blog

By Tony Capaccio

The U.S. military plans to more than triple its inventory of high-altitude, armed and unarmed drones capable of 24-hour patrols by 2020.

The long-range aviation plan delivered to …

Every year, farmers in the rural town Inakadate, Japan create rice field art by using red rice in with their regular rice in special patterns.

Continue reading Japanese Rice Fields

By Rebecca Christie

U.S. Treasury Secretary Timothy F. Geithner said he has continued to support the strong dollar policy he helped craft in the Clinton administration when he worked for his predec…

Continue reading Boston Globe Names Elizabeth Warren ‘Bostonian of the Year’

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Should You Care About Bernanke’s Reappointment?
Daily Finance (26 Feb 10)

By Doug Wakefield and Ben Hill

(View larger chart)

This chart is from the December 2009 issue of The Investors Mind)

Continue reading Unfinished Business: 2009

There recently was an article in the St. Petersburg Fl. Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?”

I think this guy nailed it!

Dear Mr. President,

Ple…

J.D. Salinger, the legendary author, youth hero and fugitive from fame whose “The Catcher in the Rye” shocked and inspired a world he increasingly shunned, has died. He was 91.

Salinger died of nat…

The heavily-redacted regulatory filing that spells out the details of the New York Federal Reserve’s controversial bailout of American International Group is a secret no more.

Reuters has obtained …

By Michael B. Marois

The California State Teachers Retirement System, the second biggest U.S. public pension, will need to ask taxpayers for more money after investment losses left it underfunded b…

1. You and those you love are your assets – invest in you, your health, your homebase and your own business first;

2. Bank and do business with people you respect and trust;

3. Stick with the primar…

By Ryan Grim

A Republican senator said Tuesday that documents showing Federal Reserve Board Chairman Ben Bernake covered up the fact that his staff recommended he not bailout AIG are being kept fro…

By Rob Kirby

According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held by U.S. commercial banks increased $804 billion in the t…

“My grandmother was not a highly educated woman, but she told me as a small child to quit feeding stray animals. You know why? Because they breed! You’re facilitating the problem if you give an anim…

U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like a request to protect matters of n…

By Inigo Gilmore

As a member of the media covering the tragedy in Haiti, it’s with a sense of alarm and astonishment that I’ve witnessed how some senior aid officials have argued for withholding ai…

It would appear that Goldman thinks that raising interest rates would be a disaster. What that means is the folks borrowing for 0-1/2% on the yen carry trade, now the Fed carry trade, or getting $10 b…

By Tyler Durden

We apologize in advance for the NY Magazine-style headline, but this is a report that has to be read by all Senators who are preparing to reconfirm Bernanke for a second term. When v…

By Peggy Noonan

What does the Massachusetts election mean? It means America is in play again. The 2008 election settled nothing, not even for a while. Our national politics are reflecting what appear…

By Elizabeth Kneebone and Emily Garr

An analysis of the location of poverty in America, particularly in the nation’s 95 largest metro areas in 2000, 2007, and 2008 reveals that:

By 2008, suburbs w…

By Tyler Durden

Rep. Darrell Issa comes out guns blazing once again, alleging that the Fed provided a selective response to the subpoena to provide all documents relating to the AIG bailout, and as…

By Ishkabibble

Become majority lender in an economy of people with assets you want.
Encourage indebtedness by loaning generously while securing on assets of interest.
Loosen lending standards unti…