Most people following the leak case already know this, but relatively few have been willing to admit it out loud. Add McClellan to the list of people who could have done something, but chose not to.
Who needs to vote when you can have something cool and shiny?
Peak oil theories have been “debased,” but umm, they’re right, says WSJ.
“…plenty of energy experts expect sky-high prices to hasten the development of alternative fuels and improve energy efficiency. But evidence is mounting that crude oil production may plateau before those innovations arrive on a large scale. That could set the stage for a period marked by energy shortages, high prices and bare-knuckled competition for fuel.”
Apple’s compensation committee really upped the ante this year. By some 7300%, in fact. Not only did CEO Steve Jobs gets his customary $1 salary, but this year he took home a free iPod! Day-um, Mr. Fancy Pants!!
Despite all this, he has sold none of his Apple stock. The committee is finally considering “additional compensation arrangements,” presumably because he told them he’s sick of busting his balls for less than minimum wage.
Parents and kids collaborate to create a fake Myspace profile. The idea? To lure a troubled 13-year old girl they didn’t like into love with a fake guy, then tear her heart out and laugh. But, the victim got the last laugh because she hung herself.
No, not Iraq, the other multi-trillion dollar fiasco. Yesterday, Goldman Sachs’ economic team said that’s what they think the markets are swimming in for credit-crunch losses.
Mervyn King says the shit could hit the shortbread.
Oh dear Lord, save us from ourselves.
