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Agency That Oversees Offshore Drilling to Be Split by Obama Administration
Washington - The troubled federal agency that oversees all aspects of offshore leasing will split in two in the wake of the Gulf of Mexico oil rig explosion, an …

Fannie Mae Wants $8.4 Billion More in Federal Aid
Fannie Mae announced a $11.5 billion quarterly loss Monday. The mortgage giant's continued poor performance has added urgency to the question of how – or whether – it should …

Afghan Escalation Funding
More war, fewer jobs, poor excuses. Isn’t it time to call what Congress will soon vote on by its right name: war escalation funding? Early in 2009, President Barack …

James Howard Kunstler | Money for Nothing
The European Union came up with a trillion dollar bail-out for itself at the dawn's early light. It already goosed the Euro back above $1.30 — just when they …

Jill Schneiderman | Pandora’s Oil Well
Technical jargon conceals by confusion. The immense scale of the problem surrounding the sinking of the Transocean drilling rig, Deepwater Horizon, requires that the public stay alert when confronted …

Marion Brady | Coming Soon to a School Near You: Big Ed
Deeply embedded in the conventional wisdom is the idea that educating is mostly about making a living rather than making a life. Given that assumption, education reforms that promise …

Fixing Scott Brown’s Dilemma
During his campaign for Ted Kennedy's well-worn Senate seat, Scott Brown carried on about Democrats' “wasteful spending” of our tax dollars. Senators customarily bring home the bacon by attaching …

Wall Street Goes to the Movies
Last week, the U.S. Senate rejected a plan that would have broken up the nation's six largest banks firms into firms that could fail without wreaking havoc on the …

Ellen Brown | Stock Market Collapse: Another Goldman Market Rigging?
Two weeks ago, Goldman Sachs was on the Congressional hot seat, grilled for fraud in its sale of complicated financial products called “synthetic CDOs.” Last week the heat was …

US Agency Let Oil Industry Write Offshore Drilling Rules
Washington - The oil industry, not the federal agency that regulates it, plays a crucial role in writing the safety and environmental rules for offshore drilling, a role that …