Archive for February, 2010
Volcker Rule: Dead on Arrival? And is Obama a Lame Duck?
From Naked Capitalism and the great Yves Smith... We’ve argued that the “Volcker Rule,” which would limit “proprietary trading” by banks, is in theory a very good idea, but the proposal put forward by Volcker/Team Obama goes wide of the mark by defining any customer trade as not being part of proprietary trading. Read more...
ToYou from NewEnergyNews: February 1, 2010
A good overview of the current tug-of-war between backers of Cap'n Trade (whom we see as a pirate !) and those calling for a carbon tax (most economists), since the Congressional Budget Office ( CBO ) already designates "cap and trade" as a tax., and the sensible "cap and dividend" proposal from Senators Maria Cantwell and Susan [...]
Naked Capitalism: SIGTARP Probing Insider Trading
SUNDAY, JANUARY 31, 2010 You have to love it. If the allegations prove true, it provides further evidence that the banksters cannot contain themselves. Here they get their bacon saved by the TARP (which was way too cheaply priced relative to the risk involved) and a host of hidden subsidies and supports. Yet the employees cannot stand to let an [...]
The Baseline Scenario
Final Thoughts on Volckerfest 2010 Posted: 31 Jan 2010 06:36 AM PST The coming months will tell if the Volcker Rule and the prohibition on banks getting even larger will turn out to be substance or mere spin. I’m finally getting around to reading the transcript of the pre-announcement media briefing and I found a few things that were worth a [...]
NewNet Clean Energy Investor Newsletter
1 February 2010 DEALS NEWS... Evergreen Energy increases public offering to $8.7m Energy efficiency company Fuel Tech secures $2.6m of emission control orders US DOE closes $1.4bn loan to Nissan to advance electric vehicles Wind turbine factory to drive an energy revolution in Wales, says BWEA Amtech’s total fiscal 2010 solar orders [...]
P2P Foundation – From Owning to Flowing and Free Cooperation vs. the Old Utopias
From Owning to Flowing Republished from Jean-Francois Noubel’s editorial on the underlying philosophy of the Metacurrency Project: “Our consumer society has built an ideology of accumulation. This is triggered by the scarce monetary system. Rather than sharing the stuff we need, we accumulate it in our basements, garages and backyards. [...]
