The Department of Energy bragged about giving a $1.2 billion loan guarantee to SunPower, a politically connected solar energy company, to create “10-15 permanent jobs,” raising critical questions as to if California SunPower is the next Solyndra in the ongoing
From Reuters: New York City’s securities industry could lose nearly 10,000 jobs by the end of 2012, according to a report by New York state’s comptroller Thomas DiNapoli, the Wall Street Journal said. In a report due for release on
8 months ago civilian struggle erupted in Syria and Libya. While so far, western countries were not able to pass any serious resolution about Syria’s civil oppression, Libya is a different story. Concern for Libya’s oil reserves led NATO to
[audio: http://newledger.com/podcasts/CoffeeandMarkets101011.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the plan for a plan to save the Euro Zone, the possibility
From Reuters: China warned the United States that it would damage relations, and American jobs, if it forces Beijing to let its currency rise under a law to be voted on in the U.S. Senate on Tuesday. Vice Foreign Minister
Leaders from Germany and France say they plan to announce plan to stabilize the euro zone by the end of the month.
Syrian President Bashar al-Assad hosts representatives from Latin America as his country warns against recognition of the oppositional council. Syria has threatened to retaliate against any country that formally recognizes a recently established opposition National Council seeking international support for
From Reuters: President Barack Obama launched a broad onslaught against banks on Thursday, tapping into public anger over rising fees to garner populist support ahead of his 2012 re-election campaign. Obama, a Democrat who is pressing his case for re-election
Heard this great joke the other day. E-Mails: OMB Staffers Joked About Solyndra Bilking Tax Payers Are you laughing, yet? They are, I trust you realize, still laughing at you. Don’t get mad, get even. Take our country back in
Much has been said about the Arab Spring we’re witnessing in the Middle East and Northern Africa. The winds of change bring about promise of democracy and freedom for a region that has long been living under dictatorship regimes. But
This morning’s key headlines from GenerationalDynamics.com. * Euro / Greek financial crisis heads for dénouement * Europeans consider ‘Private Sector Involvement’ as ‘haircut’ increase to 50% * Greece rejects any new austerity measures * Italy government bonds downgraded by Moody’s
While politicians hawking policies supporting green energy warn that China is overtaking us in that race, many forecasters and analysts think China’s green energy future is a myth. While China is putting more money into green energy technologies than the
This morning’s key headlines from GenerationalDynamics.com. * Euro finance ministers signal that Greece will get its money anyway * Greece’s Papandreou angrily rejects demands to reduce public salaries * Belgium’s Dexia bank may be near collapse * Civilians flee Sirte,
While perhaps too soon to say the sky is falling, in a very real sense, Greece seems to be. However you slice it, this is simply not good news. (Reuters) – Greece will miss a deficit target set just months
From Reuters: Republican Chris Christie discussed a possible run for president with top advisers over the weekend and needs to decide by week’s end, a Republican familiar with the discussions said on Monday. Christie, the New Jersey governor, has been
This morning’s key headlines from GenerationalDynamics.com. * Greece misses requirements for next bailout payment * Greece’s banks face nationalization * Terrorist groups in Pakistan are splintering into smaller groups * US aids Uzbekistan despite human rights record * Defense Secretary
From Reuters: President Barack Obama’s sweeping healthcare overhaul will top the agenda in the new Supreme Court term that opens on Monday and could be the most momentous in decades. Returning from its three-month recess, the nation’s highest court will
From Reuters: Democrats want tax hikes to be the first item negotiated in “super committee” deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters. The tough stance by
Many are called, few are chosen. Isn’t that what they say? Reports of the rise of Herman Cain can be found, in between the GOP establishment’s calls to the Governor of New Jersey. Almost lost amid the buzz this week
From Reuters: A key recommendation for medical coverage standards under President Barack Obama’s healthcare overhaul will be released on October 7, according to the organization preparing the report. The Department of Health and Human Services has asked the influential Institute
Competition and market forces at work in Tech. This is one of many reasons behind why it’s bad for government to try and pick winners and losers. (Reuters) – Asian technology companies came under pressure on Thursday to slash prices
The previous article on Chinese world domination covered their goal of cornering the world’s supply of energy. However, energy isn’t the only item they are striving to control. China is very active in acquiring and controlling as much as possible
NJ Gov Chris Christie is in the race for 2012, no wait, he’s out. It seems to depend on whom you ask. Judging from his remarks at the Reagan Library, he does enjoy being asked, if nothing else. Speculation continues
From Reuters: The Obama administration on Monday cleared the way for the U.S. Supreme Court to decide in its 2011-12 term the president’s signature healthcare law that requires Americans to buy insurance or face a penalty. A Justice Department spokeswoman
This morning’s key headlines from GenerationalDynamics.com. * U.S. public dissatisfaction with Washington continues to grow * IMF meeting fails to produce any results beyond words * Libya’s Gaddafi may be launching a counterattack with Tuareg tribe * Dalai Lama says
