China’s Louisiana Purchase: Who’s building a methanol plant on the bayou?

Al Jazeera investigates ties between Louisiana and the Chinese government in a proposed $1.85 billion methanol plant.

Al Jazeera, By Massoud Hayoun, January 26

This article is part one of a three-part series on China’s role in redeveloping southern Louisiana called China’s Louisiana Purchase.

St. James Parish, LA — A prominent Chinese tycoon and politician […]

The Cartel: How BP Got Insider Tips Through a Secret Chat Room

Bloomberg, By Liam Vaughan, December 29

Halfway down a muddy, secluded road on marshland in suburban Essex sits Wharf Pool, a lake stocked with some of the biggest freshwater fish you will ever see.

A white sign with red lettering reads: “Private Syndicate: Strictly Members Only.” A metal gate, a barbed-wire fence and two CCTV […]

A New Jersey bid to privatize water without public votes

If approved by Gov. Christie, bill would give municipalities with aging pipes right to sell systems to private companies.

Al Jazeera, by Peter Moskowitz, December 29

A bill that would allow New Jersey municipalities to sell their public water utilities to private, for-profit corporations without putting the measure to voters is awaiting Gov. Chris Christie’s […]

LEAKED: Secret Negotiations to Let Big Brother Go Global

The ugly ramifications of the Trade in Services Act (TiSA)

Wolf Street, By Don Quijones, December 25

Much has been written, at least in the alternative media, about the Trans Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), two multilateral trade treaties being negotiated between the representatives of dozens of national governments […]

Thought Experiment

You work for the only business of any substance in town. You make a nice income.

[…]

Obama hopes to enlist GOP in push for trade pact, despite Democratic resistance

Washington Post, By David Nakamura, December 26

President Obama is preparing a major push on a vast free trade zone that seeks to enlist Republicans as partners and test his premise that Washington can still find common ground on major initiatives.

It also will test his willingness to buck his own party in pursuit of […]

Natural gas flaring in Eagle Ford Shale already surpasses 2012 levels of waste and pollution

AP, December 21

San Antonio — Gas flaring in the most profitable shale field in the U.S. is on pace to surpass to 2013 levels of waste and pollution in South Texas, according to a newspaper analysis of state records published Sunday.

The Eagle Ford Shale burned off more than 20 billion cubic feet of […]

Bankers Brought Rating Agencies ‘To Their Knees’ On Tobacco Bonds

Wall Street pressed S&P, Moody’s and Fitch to assign more favorable credit ratings to their deals and bragged that the raters complied. Now many of the bonds are headed for default.

ProPublica, By Cezary Podkul, December 23

When the economy nosedived in 2008, it didn’t take long to find the crucial trigger. Wall Street […]

The Vanishing Male Worker: How America Fell Behind

New York Times, By Binyamin Appelbaum, December 11

Annapolis, MD — Frank Walsh still pays dues to the International Brotherhood of Electrical Workers, but more than four years have passed since his name was called at the union hall where the few available jobs are distributed. Mr. Walsh, his wife and two children live on […]

Congress gives Native American lands to foreign mining company with new NDAA

RT, December 04

Congress is poised to give a foreign mining company 2,400 acres of national forest in Arizona that is cherished ancestral homeland to Apache natives. Controversially, the measure is attached to annual legislation that funds the US Defense Department.

This week, the House and Senate Armed Services Committees quietly attached a provision to […]

The Downside of the Boom

North Dakota took on the oversight of a multibillion-dollar oil industry with a regulatory system built on trust, warnings and second chances. The cooperative approach doesn’t seem to generate results.

NYT -In early August 2013, Arlene Skurupey of Blacksburg, Va., got an animated call from the normally taciturn farmer who rents her family […]

US Federal Reserve Initiates Investigation of New York Federal Reserve

Value Walk, By Mark Melin, November 21

After press reports reveal more than a cozy relationship, but sharing of confidential documents, investigation called for on eve of Senate testimony on the issue

After a withering expose in The New York Times that showed bank regulators at the New York Federal Reserve sharing confidential information with […]

Senate Report: Banks Had Unfair Commodity-Market Advantages

Report Notes Deals Between Goldman, Deutsche and Others Drove Up Aluminum Prices

The Wall Street Journal, by Christian Berthelsen & Ryan Tracy, November 19

Washington — A U.S. Senate report on commodity-market activities at big Wall Street banks accuses the firms of being so powerful they were able to influence prices, gain trading advantages and […]

Obama Agrees with Republicans: Will Abolish Obamacare

President Obama announced today that in the spirit of bi-partisanship he will agree to repeal Obamacare. The press release follows:

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The Dems die a little more in Maryland

The shocker victory of Republican governor-elect Larry Hogan here in deep blue Maryland is a vivid example of how the Democratic Party is paying the price for having sold its base down the river. Here is WaPo on the physics of Tuesday’s gubernatorial Democratic unraveling here in the Free State:

With more than 90 percent […]

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