Archive for May 30th, 2010

Deepwater Horizon: No Clue How To Stop It And No Clue About The Size Of The Problem

CNBC.com has probably as good a summary as anyone about the current state of affairs with the gulf oil well disaster. Unfortunately, the article only serves to underscore the fact that nobody either within BP or the government has any good handle on the situation. Consider the fact that there is really no accurate estimate [...]

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Europe’s Debt Solutions May Be Superior

From Reuters (link and link) here is some happy talk from Europe about how they’re going to surmount their fiscal problems. France Euro zone trade unions are preparing for possible confrontations in the coming week if governments impose austerity measures or labor reforms unilaterally. But ministers made clear they were ready to take unpopular steps [...]

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