Recommended Reading: April 7, 2008

Anatole Kaletsky, a columnist at The London Times, argues that recession is unlikely if the U.S. economy gets through the next two crucial months. Looks like this is the end of the Spanish bull run. Ismael Clemente, head of Deutsche Bank’s property arm RREEF in Spain, told a panel of experts in Madrid that foreign…

American Medicine: A Better Way Forward

On March 28, the New York Times reported that a cancer study, conducted by Dr. Claudia Henschke of Weill Cornell Medical College in 2006, was funded in part by a little-known charity (the Foundation for Lung Cancer: Early Detection, Prevention and Treatment) whose proceeds are derived almost entirely from the Liggett Group, a cigarette maker.…

Are Clotheslines Making a Comeback?

HB1270, as passed by the Colorado Senate and sent to the House, will prevent homeowner’s associations from adopting or enforcing restrictive covenants that prevent the use of solar and wind generation, shade structures, shutters, attic fans, evaporative coolers, energy-efficient outdoor lighting and retractable clotheslines.

Recommended Reading: April 4, 2008

Some interesting finds for thepanelist.net readers . . . There Is No Gas Shortage! But Washington, Wall Street, and ethanol and oil and gas companies want you to think there is, says automotive expert Ed Wallace. An expert asks an Ecuador court to fine Chevron up to $16 billion. Is the current financial crisis the…

Big Oil Reaps Big Profits

Photo:Vlad Lazerian, Creative Commons, Flickr A couple of days ago Big Oil executives talked to Congress about their big profits. Exxon (XOM), BP (BP), ConocoPhillips (COP), and Chevron (CVX) are all on the rise today in stock trading. The Boston Herald reports on Big Oil’s defense of record profits at this time:

Recommended Reading: April 3, 2008

A cartoon explaining why Mr. swashbuckling capitalist is so smart. Should you get ready for an era of lower returns for all of Wall Street? Rather than waging old debates about tax cuts versus spending increases, policymakers ought to be discussing how to reform the financial system so that it serves the rest of the…

Recommended Reading: April 2, 2008

A U.S.-based company that has controversially laid claim to nearly all of the Arctic Ocean’s undersea oil said Thursday that new geological data suggests a “potentially vast” petroleum resource of 400 billion barrels. As the election nears, the mainstream media, unable this time to make an issue out of Iraq, are focusing on the economy…

Bank Default Insurance Seems Meaningless

Check out this list from Bespoke Investor of the cost of bank default insurance. The highest costs go to Lehman and Merrill and other American Banks while the lowest prices are European. I think this is the result of the implied government guarantee that most investors believe is far stronger in Europe. However, now that…

Bill Clinton Calls Jay-Z

Bill Clinton calling Jay-Z is the third of my three aspirational and fictional ideas that are (relatively) cheap, that would make concrete environmental gains, that could be accomplished almost instantaneously by motivated people in positions of power (by phone calls, in two cases), and that would immediately set an agenda for the next election.

Conde Nast Puts Its Money Where Its Mouth Is

A policy shift at Conde Nast is the second of my three aspirational and fictional ideas that are (relatively) cheap, that would make concrete environmental gains, that could be accomplished almost instantaneously by motivated people in positions of power (by phone calls, in two cases), and that would immediately set an agenda for the next…

The University Consortium

The University Consortium is one of my three aspirational and fictional ideas that are (relatively) cheap, that would make concrete environmental gains, that could be accomplished almost instantaneously by motivated people in positions of power (by phone calls, in two cases), and that would immediately set an agenda for the next election.

Three Immediate Ways to End Global Warming

Photo:refractionless, Creative Commons, Flickr Welcome to April. On Sunday night, 3/30, Al Gore announced his new $300 million public service ad campaign on "60 Minutes." The hopefulness of the moment was undercut by the Toyota (TM – $102.90) dealer ad that preceded the segment. The Toyota spot featured good deals on the Sequoia and the…

Recommended Reading: April 1, 2008

Just in case you are thinking about buying some beaten up stocks, remember that bear market rallies often delay the day of reckoning. Here are ten reasons why we should leave the euro/dollar exchange rate alone According to the survey of the financial services industry by the UK Confederation of British Industry and consultancy PricewaterhouseCoopers,…

Islamic Bonds Rescue James BondÂ’s Favorite Car

Photo:Jeronimo’s Eye, Creative Commons, Flickr Bond had been offered the Aston Martin or a Jaguar 3.4. He had taken the D.B.III. Either of the cars would have suited his cover – a well-to-do, rather adventurous young man with a taste for the good, the fast things of life. But the D.B.III had the advantage of…