High power solid state lasers makes controlled fusion possible. In an article released by Laser Focus the frequency control and power output bring nuclear laser fusion one step closer.
Maybe we don't need all of those coal fired power plants after all.
Tuesday, April 28, 2009
Sunday, April 12, 2009
Title 12 Chapter 16 § 1831o
§ 1831o. Prompt corrective action
Under current federal law federal authorities have only 90 days from the time that a bank exceeds the required minimum level of capitalization. In a striking blow to Obama's top banking official Timothy Geithner. William K. Black, the former senior regulator during the savings and loan crisis and the man that blew the whistle on the Keating Five, blasted the current banking crisis as a period of anarchy - "a time where lawlessness is prevalent".
In an interview with Bill Moyers; Black author of the book "The best way to rob a bank is to own one" he blasted the current and previous administrations for their handling of the banking issues referring to the pervasive issuance of "Liars Loans" which were packaged with AAA ratings then sold to other financial institutions.
This if nothing else make the case for establishing a "Resource Based" economic system. You simply can not separate risk from reward. The regulations and ethics that separate the banking system from investment banking must lead to creating a level of transparency and reporting designed to expose fraud and reward performance.
Under current federal law federal authorities have only 90 days from the time that a bank exceeds the required minimum level of capitalization. In a striking blow to Obama's top banking official Timothy Geithner. William K. Black, the former senior regulator during the savings and loan crisis and the man that blew the whistle on the Keating Five, blasted the current banking crisis as a period of anarchy - "a time where lawlessness is prevalent".
In an interview with Bill Moyers; Black author of the book "The best way to rob a bank is to own one" he blasted the current and previous administrations for their handling of the banking issues referring to the pervasive issuance of "Liars Loans" which were packaged with AAA ratings then sold to other financial institutions.
This if nothing else make the case for establishing a "Resource Based" economic system. You simply can not separate risk from reward. The regulations and ethics that separate the banking system from investment banking must lead to creating a level of transparency and reporting designed to expose fraud and reward performance.
Saturday, February 28, 2009
Wednesday, February 18, 2009
Bailout Bonaza
PlayScreen has released a new iPhone application called "Bailout Bonanza". What a great way to take your frustrations out on the wasted billions from banks and financial markets. Check it out!
An additional incentive is the pledge by PlayStreen to contribute 5% of the revenues to the United Way where our frustration can actually help those hardest hit by the fiancial crisis.
Friday, February 13, 2009
Thursday, January 29, 2009
House to Vote on Stimulus Bill, GOP to Say No
Despite visiting Republicans in Congress and stripping out two provisions the GOP objected to, President Obama is expected to win the House vote on his economic stimulus plan today.Guess I don't get it and frankly I'm ashamed at the Republican party; Finally spending that targets both short and long term issues that plague our society and economy. For example spending to help quit smoking - the long term impact on health care and worker productivity is far reaching.Even spending on the Arts; one of the most critical creative thinking elements of a productive US economy is our ability to think out of the box. And what about the "Pork" even wasteful spending generates income for business and workers that in turn spend and create.
read more | digg story
read more | digg story
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