Tuesday, March 1, 2011


New Bacteria sunlight, water and carbon dioxide, secretes Diesel fuel.

Scientists have genetically engineered an organism that secretes diesel fuel wherever there is sunlight, water and carbon dioxide.  Biotechnology company Joule Unlimited claims it can produce diesel fuel and ethanol on demand at unprecedented rates.

Chief executive Bill Sims said: 'We make some lofty claims, all of which we believe, all which we've validated, all of which we've shown to investors.'If we're half-right, this revolutionises the world's largest industry, which is the oil and gas industry. 'And if we're right, there's no reason why this technology can't change the world.'

Perhaps it can work, but 'the four-letter word that's the biggest stumbling block is whether it "will" work,' says Timothy Donohue, director of the Great Lakes Bioenergy Research Center at the University of Wisconsin-Madison. 'There are really good ideas that fail during scale up.'


What?  Just Diesel?  Not Super Unleadded?  Yeah, I'll believe it when I see it.


Gold is Already Predicting the Next Fed Chairman
Gold is acting fishy. Indeed, while emerging markets are generally going up in flames (literally) Gold hasn’t done much of anything since October 2010.  It’s odd, Gold should be above $1,500 per ounce by now given what’s going on in the world. By all counts demand for the precious metal is increasing dramatically.  I have a sneaking suspicion the market is beginning to discount some MAJOR changes in the US Federal Reserve...

http://www.zerohedge.com/article/gold-already-predicting-next-fed-chairman



Financial terrorism suspected in 2008 economic crash

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

'eh? That's a new one.  Sheesh. The government blame game has no equal.  Rule #1 - deflect blame away from yourself & your financial backers.

We know what caused the 08 crash.  Market bubbles created by stupid greedy banks who had no real risk because they were assured of a bailout, and other investors & speculators who thought they could game the system.

"Never ascribe to malice that which can adequately be explained by ignorance". - Hanlon's Razor

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