News
Should the Macondo oil well be blown up by the US Navy?
In a recent New York Times op-ed piece with the title of "Blow Up the Well to Save the Gulf," former nuclear submarine officer Christopher Brownfield draws our attention to what could be a better alternative for dealing with the BP oil spill. BP CEO Tony Hayward admitted directly to Congress that his company has ...
Citgo turns to bank loans after bond sale fails
Given the BP oil spill disaster, it isn’t a surprise that oil-refining company Citgo is having problems getting financing. The company wanted to raise $ 1.5 billion by selling bonds. However, the business that they are in and the fact the company is "exposed" to Venezuela made this sale a flop. Now, the company is ...
A failure to compromise – auto dealer regulation
Auto dealer regulation is on the minds of House Democrats of late, or more specifically a lack thereof. Their belief is that the newly formed Consumer Financial Protection Agency (CFPA) would likely hamper auto dealers' ability to recuperate during these trying financial times by limiting their ability to continue offering dealer-assisted financing. Led by New ...
Lithium from Afghanistan eyed for future electric car batteries
Huge deposits of lithium have been detected in Afghanistan. Lithium, mined from brine and clay, is considered the energy resource that will make electric cars cost effective enough to be practical for millions of drivers. Batteries for electric cars, smartphones and laptops could make lithium the crude oil of the 21st century. Lithium, like most ...
June 14 release of Danielle Staub sextape
One of the "Real Housewives of New Jersey," Danielle Staub has gotten some real drama. The Danielle Staub sextape video is set for release. Hustler explained to TMZ that it plans to release the Danielle Staub sextape video on June 14 of this year. Is this a story of a "Real Housewife" needing money, or ...
