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How Much is Rove's Indictment worth to you?

So, I often hear Democrats say "I'd give anything to see Rove get indicted." Well that got me thinking and I think there is a very good way to do just that.  I've got a helpful entry at my site, but...

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Look Ma, no hands! How gas prices DEFY the laws of PHYSICS

Ordinarily, what goes up must come down. But, not gas prices. What? you say, gas prices follow the law of supply and demand, not gravity? Okay, let's see. Oil surged 3.4 percent [Monday] on speculation...

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Countdown to $100 oil (24) - What markets are telling us about future energy...

I am borrowing this shamelessly from an Oil Drum thread (and more specifically from a comment by substr4ct, but it's such a telling graph that it's worth flagging and circulating widely: This graph...

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Impeach Bush - over Peak Oil

This is the simple thesis of Richard Heinberg, a respected author on peak oil and associated topics. While it would be difficult to create an airtight legal case for impeaching George W. Bush based on...

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Gas Prices Too High? Blame The Middleman, NOT Iran

If you think Iran is to blame for the increase in oil prices, think again.

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OPEC "Powerless To Bring Down Prices"

For over a hundred years, Big Oil and Bankers have been taking Americans for a ride and they intend to continue to do so, if we allow them to pin the blame on OPEC and US."OPEC's not pumping...

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Europe Shocked at Largest Individual Fraud Ever, Are We?

It's been several years (since late 2004) that the bubble was labelled as a bubble (see this June 2005 post by me calling it the "largest ever"), but it's been imploding in slow motion, for the time...

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Futures Market is Probama

Significant correlation between Clinton and McCain futures price! Evidance from the futures market that Obama is better able to beat McCain in November.more details at...

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Obama Wins Big!

Who has a better chance of beating McCain in November? Obama Wins Big according to the futures market, a much more reliable source then polls because voters put their money where their mouth is.

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Countdown to $200 oil (6) - Oil jumps $10 in a day and Congress ... wants to...

First, go have a look at this page. This is the full list of futures for oil, ie how much it costs you today to purchase a barrel of oil to be delivered at the date you want in the future.While spot...

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The Oil Bubble

This will be the last bubble but no more are needed. Having concentrated wealth into the top 1% of the people on earth we have economic feudalism  where the fight is over the ownership of the world's...

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Commodity markets and supply/demand balance

I trade commodities - just finished up a one year engagement helping a firm trade their international feedstock and offtake contract in biodiesel. I was a guest speaker at a major natural gas industry...

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Obamafutures: Or, the Beginning of the End of the Race

In the wake of the Soviet style "nationalization" or "bail out" of some of the esteemed American financial institutions, whom the current administration identified as the RNC political base or "the...

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Maybe a better Monday? Asian markets recovering

As you know, in many parts of the world it is already Monday, and trading has begun on their stock exchanges. Things have improved in Australia, New Zealand, South Korea. Japan is closed for a...

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Macro-Meta: 'The "Last Contango" of Backwardsland' edition*

There are certainly a lot of dramatic symptoms telling us our economy is currently in unusually dire straights.  Not the least of which is the news on Tuesday that Fed Chairman, Ben Bernanke, has lower...

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Banking Crisis: Outraged at the Reality? Should be! Solution, maybe?

A lot has been written has about the "banking crisis", the "credit crisis", "foreclosure crisis", etc. A lot of the talk is diluted by discussions of derivatives (CDS's), irresponsible homeowners,...

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Transition Timeline for a Local, Resilient Future

The Transition Timeline for a Local, Resilient Future by Shaun Chamberlin White River Junction, VT:  Chelsea Green Publishing, 2009 ISBN 978-1-69358-200-1The Transition Town movement started in Ireland...

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Reinventing Collapse

Dmitry Orlov emigrated from Russia with his parents when he was about 12.  Traveling back and forth between the US and the USSR during the 1980s and 1990s, he observed the collapse of the Soviet...

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What You Missed: FinReg Law Will Hamper Ag Futures Speculation

Derivatives were created with the intent of allow financial firms to hedge against potential losses in the future.  However, they came to be abused and were used to manipulate the market at their...

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Eric Cantor tells Oil Speculators -- We got your Back

EXCLUSIVE: Eric Cantor Promises Oil Speculators That Republicans Will Block Financial Regulations By Lee Fang, ThinkProgress  -- May 18, 2011[...]  Cantor told the audience of speculators that his...

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Alternative Energy? Sorry - Nowhere Near Enough Available...

While many of us have grave reservations about the expanding use of coal and fossil fuels to provide the power required to maintain a functioning modern economy, there remain serious and possibly...

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Asian Markets Down 1.7% to 5.9% by Midnight EST. Alan Greenspan Predicts...

Alan GreenSpan expects more market turmoil to come, reports Alan Zibel of the Wall Street Journal Online.  UPDATED: The former chairman of the Federal Reserve is warning that the Standard & Poor’s...

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Why Gas Prices Are Rising

While the Democrats in Congress are arguing with the Republicans about Birth Control, Abortion and other issues, Gas Prices are rising.  In addition we see Obama today defending his Energy Policy while...

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The Gas Price Mechanism that makes their Free Market go round

It used to be to trade Futures Contracts on a barrel of Oil, you had to agree to the delivery of that barrel Oil at some "future" date.An Airline, wanting to lock-in low prices.An Oil heating company,...

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A Handful of Futures, Corporate and Otherwise

Sony has produced four scenarios for Futurescapes 2025.These scenarios are a result of an open and collaborative process involving people across Sony and Forum for the Future, as well as leading...

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And now for the Farm Report ...

Spring has come early in the Buckeye state.  And so has the harvest.Farmers harvesting food crops early after warm springby  Mary Vanac, Columbus Dispatch -- June 21, 2012[...] This year’s early...

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The Forecast calls for an early Harvest, Farmers

Spring has come early in the Buckeye state.  And so has the harvest.Here's this week's semi-random "Farm Report" ... brought to you by Factory Farmers of America, "We make business of farming...

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A Poem for Today

Struck by inspiration. Would love to hear what people think.

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Factory Waste in Drinking Water! Residents ill. Disaster Area. Conflict of...

In 1977, the state pollution control agency reissued the license for Tyson's Green Forest plant on the condition that the company meet with city officials to work out a plan for treating its wastes....

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A Different Governor. A Different Water Disaster. Can You Guess the Governor...

A Different Governor,  a Different Water Disaster, and a Different Scandal.Here is a Goldie Oldie that you may remember.Do you remember this or are you too young?Can you guess who the governor is in...

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Fine: Oil – before and after the November election

The full article is here→www.daily-times.com/...”The Trump Administration is moving towards less royalty rates on Federal land leases, less Bureau of Land Management discretion on Environmental...

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Bloomberg has broken a story on futures trading the day of the Brexit vote.

If Stay won, the Pound would go up.If Leave won, the Pound would go down.Hedge funds had insider (and in Britain, illegal) polling information DURING the voting, and Nigel Farage made statements about...

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Dow Futures Hit Stop-Gap levels.

Trading in stock futures has been halted for the Dow as it hit its limit within seconds of opening.It would appear that Monday is going to be a bloodbath.Dow Futures Level

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Science Fiction Futures Now at Boskone 59

Boskone is the annual science fiction convention of New England Science Fiction Association (NESFA) and the oldest science fiction/fantasy/horror [SF/F/H] convention in New England.  Boskone is an...

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Climate Deadlines

According to this carbon countdown clock (https://www.mcc-berlin.net/fileadmin/data/clock/carbon_clock.htm), at the current rate (1,337 tonnes per second or 42.2 gigatonnes [Gt] per year), the most CO2...

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The entire Republican House leadership team got money from FTX

In November, the cryptocurrency markets took a major hit when FTX (short for “Futures Exchange”) and its many connected companies took a nose dive, filed for bankruptcies, and the seeming Ponzi scheme...

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