The Looming Foreclosure Crisis: As the Fed Runs Out of Bullets, Local Governments Are Stepping In

Mortgage debt overhang from the housing bust has meant lack of middle-class spending power and consumer demand, preventing the economy from growing. The problem might be fixed by a new approach from the Fed. But if the Fed won’t act, counties will, as seen in the latest developments on eminent …

Predictions FROM Jeremy Leggett, author ENERGY OF NATIONS

The Energy of Nations.  Since the  5 months the book has been out , here isan update on how the dramas are playing out :I finished writing the book during the Easter break a year ago. As you know,I made predictions about three systemic risks being run by the energyincumbency: …

Winner Takes All: The Super-priority Status of Derivatives

Posted on April 9, 2013 by Ellen Brown Cyprus-style confiscation of depositor funds has been called the “new normal.”  Bail-in policies are appearing in multiple countries directing failing TBTF banks to convert the funds of “unsecured creditors” into capital; and those creditors, it turns out, include ordinary depositors. Even “secured” creditors, including …

AES Brings Real Utility-Scale Energy Storage to the Grid

DAILY NEWSLETTER | Wednesday, September 14, 2011 AES Brings Real Utility-Scale Energy Storage to the Grid AES is leading energy storage’s disruptive shift from power services to energy services. Natural Gas: Boom or Bust Natural gas is all around and it’s better than coal. But what happens if prices spike? …