Buffett betting on bank bailout?............

If you're looking for proof that Too Big to Fail is still alive, and that Washington won't leave large financial institutions to the mercies of capitalism, consider billionaire Obama fundraiser Warren Buffett's $5 billion bet on struggling Bank of America.Link

Great stuff.

Austrian economics is discussed

Religion and Hurricanes.....

Bernanke has no answers.

JACKSON HOLE, Wyo. — In a key speech on the economy Friday, Federal Reserve Chairman Ben Bernanke proposed no new steps to boost growth, but did hint that Congress may need to act to stimulate hiring and the economy.Link

US May Back Mortgage Refinancing...........

The Obama administration is considering further actions to strengthen the housing market, but the bar is high: plans must help a broad swath of homeowners, stimulate the economy and cost next to nothing.Link

Ron Paul Leaps Past Bachmann in Latest Poll.

Ignored by the media and dismissed by the Republican Party in general, liberty-minded Congressman Ron Paul leaped into third place today in the Gallup Presidential Nomination preference poll. Paul jumped over Michele Bachmann, the Tea Party darling/lunatic, relegating her to fourth-place in the current poll. Here's how the numbers shake out today.Link

'Missing' lager yeast discovered in Patagonia.

A fruit fly's journey from Patagonia to Bavaria could be the reason we enjoy nice, cold-brewed lager beers today. The missing parent of the hybrid yeast used for brewing lagers has just been discovered in Patagonia. Link