Dear Chief Secretary, I’m Afraid There Is No Money

by Gary North

The new British government’s Chief Secretary to the Treasury, David Laws, walked into his new office. On the table there was a note from the previous secretary.

“Dear chief secretary, I’m afraid there is no money. Kind regards – and good luck! Liam.”

McDonald’s Recalls Shrek Themed Glasses Due to Cadmium Contamination

The U.S. Consumer Product Safety Commission, in cooperation with the McDonald’s, announced a voluntary recall of the Shrek Forever After 3D Collectable Drinking Glasses.

Is Deepwater Horizon Not Being Blown Up Because BP Secretly Hopes To Drill From It Again?

by Megan McArdle

My father, who worked in the petrochemical industry for decades, tells me that there is a well-established method for dealing with a problem like this: blowing up the well.

So why isn’t this option being considered, despite the failure of every method tried so far? Because it can’t ever be used again. As a result, BP stands to lose a lot from doing so.

Mystery Plant Damage Threatens Hundreds Of Acres Of Crops In Midwest

Tiny dots appear to have burned onto leaves of all types of plants, they are killing crops, trees, weeds and even small animals but nobody can explain why.

How Not To Save The News: Bad Government Ideas For Journalism

A Potential policy recommendations to support the reinvention of journalism from the FTC circles its wagons around old newspapers and their fading business models

Supreme Court Miranda Ruling: Suspects Must Now Tell Police They Want To Remain Silent

Want to invoke your right to remain silent? Now you’ll need to speak up to do so.