We should have known this would end horribly. The first "red" flag was the administration inventing a job called Pay Czar.There's a reason the communists whacked the last legitimate Czar an

  There’s just one problem with corn-based ethanol: It takes 29% more fossil energy to produce a gallon of ethanol than the ethanol release when burned as fuel. The disparity betwee

Pay attention, all you wannabe white-collar crooks: With a 150-year sentence for Bernard Madoff, US District Judge Denny Chin has given new meaning to the cliché “Don’t do the crim

Despite the trillions of dollars in unprecedented stimulus we've seen in the over the past 24 months, investors are still reducing their bets on rising commodity prices. According to Bloomberg,

Convertible bonds have been among 2009’s best-performing asset classes and are no longer figured to outperform their underlying stocks as they did 6 months ago -- regardless of the ultimate sce

Greetings from New York, where the mark of a good trader and a total lunatic is the ability to change his mind on the fly. The Kindle is a device I’ve mocked directly to Jeff Bezos’ fac

United Airlines (UAUA) wants you to know that it really, really doesn't care for its passengers. When company staff isn't igniting your luggage with an exhaust pipe, they're casually calling the peop

Judging by the papers this morning, the world has finally woken up to the fact that Eastern Europe is the subprime borrower for Western Europe. And at the risk of beating a dead horse, these nations

I haven’t heard the interview with Minnesota congressman Collin Peterson about his new credit-default-swap bill, or seen a transcript. But what I read in a recent article disturbed me.Here&rsqu

(Click for a FREE 14 day trial)Yesterday we discussed just how important it was to first realize in which direction the trend was moving in order to keep the wind at our backs and increase our potent