According to one report, the US Fed handed out $16T to US AND foreign financial institutions between Dec '07 and July '10: 1st-ever, 1-time-only GAO audit of our central bank ordered by Dodd-Frank bill. O so liitle we know. Aug. 22 this year, the elite got another $1.2T. $107B to Morgan Stanley, $99B to Citigroup...and on it goes. Even Countrywide got $12.5B. And the blame for the crisis is coming down on Freddie Mac and Fannie Mae. Maybe we'll know all the truth in 10 years. And from where does the Fed get $16T. And how much do they have left?
Solar Bridge Tech got a $2.3M DOE grant through SunShot to accelerate development of ultra low-cost microinverter for solar. Working with SPWRA to develop AC module. Excuse me, DOE, but WEST already has it.
Solyndra investigation: Bush administration did "due diligence" on initiating the loan.
Runoff from Tropical Storm Lee may cause another GOM dead zone besides washing up more tarballs on the beaches which, to their honor, BP is starting effort to clean up.
USDA bans E. coli in meat. Yay. EU aims to sustain Black Sea fisheries. Yay too. UN wants better forest management. Yay 3. And Canada's geothermal resources are >1M x present el use. Really?
Wednesday, September 14, 2011
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