Month: June 2007

The Democratic controlled Congress is considering an energy bill. The likely outputs are pretty grim. Coal state members of Congress are pushing for coal-to-liquid projects that might help move in the direction of “energy independence” for the United States, but will make global warming worse. Senators from Michigan are set to gut efforts to increase…

It has become a source of some amusement in the media that the burgeoning hedge funds have become a core source of funds for the leading Democratic presidential contenders (while also pouring money on the top Republican candidates). Prominent locals in Greenwich, Connecticut, where many hedge fund managers reside, now brag about candidate scuff marks…