Money Morning

Investigation of D.C.-Wall Street Corruption Hits Yet Another Roadblock

There’s a new twist in an ongoing U.S. Securities and Exchange Commission probe into D.C.-Wall Street corruption.

For months now, the SEC has been investigating whether anyone in the federal government leaked inside information to a Washington-based investment research firm. And now up to 44 hedge funds that may have traded on that inside information are under close scrutiny.

This Week’s FOMC Meeting: Words Are Everything

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Since December 2013, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting has been a routine exercise couched in humdrum Fedspeak and muted discussions on future monetary policy.

But with the meetings happening today (Tuesday) and tomorrow, it’s becoming clear that the Fed can’t stick to the same script for much longer, and at some point, the nation’s central bank is going to have to come clean on when it plans to raise interest rates from its near-zero levels.

252 Million Years Ago, This Nearly Wiped Out All Life… Tomorrow, It Could Solve Our Energy Problems By Dr. Kent Moors

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During the height of the Deepwater Horizon tragedy four years ago, I had my graduate students monitor the flow of oil from the sunken platform in the Gulf of Mexico.

Most of their work involved rather straightforward calculations based on undersea camera footage.

But from time to time, flimsy protoplasmic-like structures would float across the screen. The students called them “ghosts.”

One student even casually wondered, “What if the ghosts had caused all of this?”

With that, I walked over, checked some figures, and immediately called the U.S. Coast Guard contingent that was overseeing the data from the disaster.

Fast forward to today, and there have been some equally disquieting discoveries in the news of late.

So what do mysterious holes in the Siberian permafrost, hundreds of gas plumes off the East Coast of the United States, and our “ghosts” apparently have in common?

It seems to be icy methane hydrates, touted by some as the fuel of the future… Full Story

The post 252 Million Years Ago, This Nearly Wiped Out All Life… Tomorrow, It Could Solve Our Energy Problems appeared first on Money Morning – Only the News You Can Profit From.

How the Federal Reserve Is Killing America

It’s maddening. Our economy is stagnating. The divide between haves and have-nots is widening every day. There are fewer and fewer good jobs and careers to be had. What the heck happened?

The U.S. Federal Reserve System is killing America. It has destroyed the economy. It has undermined savers and retirees. It is even responsible for the corruption in Congress.