Commentaries

Embargo Placed On Central Bank

Argentina’s central bank reserves dispute suffered an expected escalation when on Tuesday Judge Thomas Griesa from New York State placed an embargo on Argentine central bank accounts held in the United States, following a lawsuit

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Is the US Love Affair With The Auto Ending?

By Lester Brown America’s century-old love affair with the automobile may be coming to an end. The U.S. fleet has apparently peaked and started to decline. In 2009, the 14 million cars scrapped exceeded the

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Gates Foundation Frankenfood

By Tom Philpott The Gates Foundation has emerged as a kind of de facto USDA for Africa: a deep-pocketed funder with a focus on agriculture, in a continent that has seen ag-research funding plunge over

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Obama Signs Executive Order Establishing Council of Governors

Executive Order will Strengthen Further Partnership Between the Federal and State and Local Governments to Better Protect Our Nation The President today signed an Executive Order establishing a Council of Governors to strengthen further the

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State Revenues Falling

By Joe Weisenthal Continue reading Chart of The Day:Cash-Strapped States Hope Salvation Is Right Around The Corner

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Knockout – Doctors Who are Curing Cancer

This weekend I read Suzanne Somers’ new book, Knockout: Interviews with Doctors Who are Curing Cancer and How to Prevent Getting It in the First Place. I could not put it down. Somers was inspired

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401k/IRA’s: Is Confiscation in the Wind?

by Karl Denninger Now this is a guaranteed rape job. In a short conversation this noontime that CNBC apparently has omitted from their archives (Why’s that folks?) Rick Santelli was talking about a potential to

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Americans Oppose Proposals to Limit 401(k)s, ICI Says

By Jeff Plungis U.S. investors oppose federal initiatives that would force them to give up control over their 401(k) accounts, the Investment Company Institute said. Seven in 10 U.S. households object to the idea of