Money and Finance
- The Amish Are Getting Fracked: Their Religion Prohibits Lawsuits—and The Energy Companies Know It
Found via The Big Picture. It was late 2010 when a chipper agent for Kenoil, Inc., a drilling company in Eastern Ohio, drove to the nearby hamlet of Millersburg to visit Lloyd Miller. His car slithered down the hill overlooking the Millers's home...
- Fight For Your Right To Go Paleo
Found via @tferriss. In May the Institute for Justice filed a lawsuit against the state of North Carolina on behalf of blogger Steve Cooksey. The suit claims the state violated Cooksey’s First Amendment right to free speech when it informed him that...
- The Food Crisis Should Not Be Left To Cowboy Capitalists – By Jeremy Grantham
The worst US drought in half a century is further evidence that we are in the midst of a global food crisis. In 2007-08, there were riots in more than 20 countries, as the cost of commodities surged. After a brief respite, prices of corn and soya have...
- Congress Ends Corn Ethanol Subsidy
Found via The Big Picture. Charlie Munger's comments on ethanol from the 2007 Berkshire Annual Meeting: “I think the idea of running cars on ethanol in one of the dumbest ideas I’ve ever heard.” The United States has ended a 30-year tax subsidy...
- John Mauldin: The End Of The World, Part 1
It’s not really the end of the world, but to read some of the analysis and data over the past week, it’s hard not to wonder if it’s not the beginning of the Endgame at the very least. There is more to cover than I can really do justice to, but we...
Money and Finance
USDA estimates of corn and soybean production drop as drought takes its toll on farmers
For related commentary, I highly recommend reading Jeremy Grantham’s latest letter.
The government slashed its expectations for U.S. corn and soybean production for the second consecutive month Friday, predicting what could be the lowest average corn yield in more than 15 years as the worst drought in decades continued punishing key farm states.
- The Amish Are Getting Fracked: Their Religion Prohibits Lawsuits—and The Energy Companies Know It
Found via The Big Picture. It was late 2010 when a chipper agent for Kenoil, Inc., a drilling company in Eastern Ohio, drove to the nearby hamlet of Millersburg to visit Lloyd Miller. His car slithered down the hill overlooking the Millers's home...
- Fight For Your Right To Go Paleo
Found via @tferriss. In May the Institute for Justice filed a lawsuit against the state of North Carolina on behalf of blogger Steve Cooksey. The suit claims the state violated Cooksey’s First Amendment right to free speech when it informed him that...
- The Food Crisis Should Not Be Left To Cowboy Capitalists – By Jeremy Grantham
The worst US drought in half a century is further evidence that we are in the midst of a global food crisis. In 2007-08, there were riots in more than 20 countries, as the cost of commodities surged. After a brief respite, prices of corn and soya have...
- Congress Ends Corn Ethanol Subsidy
Found via The Big Picture. Charlie Munger's comments on ethanol from the 2007 Berkshire Annual Meeting: “I think the idea of running cars on ethanol in one of the dumbest ideas I’ve ever heard.” The United States has ended a 30-year tax subsidy...
- John Mauldin: The End Of The World, Part 1
It’s not really the end of the world, but to read some of the analysis and data over the past week, it’s hard not to wonder if it’s not the beginning of the Endgame at the very least. There is more to cover than I can really do justice to, but we...