Fed bubble bailout

Hillary, check your head. “Mrs Clinton proposed expansion of the groups among measures to tackle weaknesses in the mortgage market and ­support homeowners. She vowed to clamp down on “unfair lending practices” and create a $1bn federal fund to help homeowners avoid foreclosure. Mrs Clinton said fixing the mortgage crisis would be among the priorities …

The ethanol scam

RollingStone has a great article called Ethanol Scam: Ethanol Hurts the Environment And Is One of America’s Biggest Political Boondoggles. If you aren’t familiar with the subject, this article is a great introduction. This is not just hype — it’s dangerous, delusional bullshit. Ethanol doesn’t burn cleaner than gasoline, nor is it cheaper. Our current …