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The CBS news show, 60 Minutes, reported that shortly after JFK was inaugurated, a bomber with a nuclear bomb accidentally dropped it on North Carolina. It came close to going off. Close, but no exploding cigar. The show said that we have 400 nuclear missiles in the ground. They did not mention MIRVed warheads: 10 […] READ MORE
Bakken Oil Fields Have Produced 11.5 Days of Oil Consumption Since 2005
The Bakken shale oil fields of North Dakota and Montana began production in 2005. They have produced approximately 11.5 days of world oil consumption since then. Estimates indicate that the total oil available in the Bakken fields may be as high as eight months of world oil consumption. The world consumes approximately 87 million barrels […] READ MORE
Kerry Refers to Israel as a Not-Quite Apartheid State
Well, it finally happened. Secretary of State John Kerry has pulled off a verbal faux pas that makes Joe Biden look like a rank amateur. He publicly said that the State of Israel is bordering on becoming an apartheid state. Now the fun begins. The waffling. The “I meant to says.” The “he meant to […] READ MORE
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So you want to get into the real estate investment game without having to pick up a plunger to unstop a toilet when your tenant calls in the middle of the night. Your best bet might be a real estate investment trust, or REIT. Like bonds, the key to REITs is the non-correlation of the […] READ MORE
Bitcoin May Be Trending, But Investors Still More Than Hesitant To Jump In
Bitcoin is the hottest investing trend since the Internet, according to venture capitalists who have sung its praises. But the money hasn’t exactly followed. Venture capitalists invested $74.1 million in bitcoin startups across 39 deals in 2013, according to data provided by CB Insights. That’s less than a third of what Internet companies raised in […] READ MORE
Gun Battle In School Results In Several Citations. But Over What?
A gun battle between six high school seniors got the attention of police plenty fast. It all stared when neighbors reported someone pointing a gun at a car one night earlier in the week. “They did scare a number of people in the area,” Capt. Ben Bliven of the Wausau Police Department told WAOW-TV in […] READ MORE
Woman’s Wild Ride Stops Bank Robber From Getting Away
Who can possibly know why Tina Gleim made such a dangerously bold move? Whatever lit the fire under her, the volunteer treasurer for a nonprofit group — who has stage-four colon cancer — knows one thing for sure: Had she been sporting a vehicle fancier than her pickup truck with 190,000 miles on it, she […] READ MORE
Will Facebook Bring Down the Government?
I am going to ask a rhetorical question. When was the last time you saw a positive political cartoon for Obama? It is not just Obama’s problem. How many positive cartoons did you see for George W. Bush after 2003? For that matter, how many positive cartoons did you see for Bill Clinton? How many […] READ MORE
Why The Housing Sector Won’t Save The Broader Economy
The housing sector may or may not get better after a slow start to 2014. But regardless, it certainly won’t save the broader economy — at least not according to two professors who run a popular economics blog. On House of Debt, Princeton’s Atif Mian and University of Chicago Booth School of Business’s Amir Sufi […] READ MORE
Studies Show Obamacare Means Higher Costs For Young Adults
Buying health insurance doesn’t really change what young adults spend out-of-pocket on health care over the course of a year, Kaiser Health News reports. A Journal of Adolescent Health analysis of 2009 federal data on patient spending found that young adults who were insured at least part of the year had higher emergency room costs […] READ MORE
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