Monday, April 4, 2011

Breakthrough Destroys Drug-Resistant Bacteria.

A team of engineers and researchers headed by Dr. James Hedrick at IBM Inc. has developed a new technology that could revolutionize how resistant bacterial infections are currently treated.Link

Liars.

Hearing on Fed foreign lending.

(Reuters) - Persistent Federal Reserve critic Representative Ron Paul plans to hold a hearing on the U.S. central bank's emergency loans to the branches of non-U.S. banks, his spokeswoman said on Saturday.Link

Taking Shortcuts To Greatness.

“There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen. The bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil.” –Frederic Bastiat.Link

Libya steps on President Obama's message.

President Barack Obama’s decision to intervene in Libya has presented him with a whole new set of political problems with members of both parties. But its most worrisome effect for the White House is the way it’s undermining his efforts to address what has been his administration’s longest-running issue — the economy.Link

Obama issues warning.

President Barack Obama warned lawmakers on Friday that it would be the "height of irresponsibility" to shut down the government over a spending battle, pressuring Republicans not to pursue deeper cuts. Obama's comments set the stage for an attempt to blame Republicans should congressional negotiations collapse and the U.S. government runs out of cash when a short-term funding measure expires on April 8.Link