Soros looks to cash in on Obama pushed natural gas bill
Federal filings also show that Soros Fund Management, the investment vehicle controlled by billionaire and longtime Democratic donor George Soros, owns more than three million shares in the Vancouver, British Columbia-based distributor of LNG engines. It is a position worth more than $90 million, as of the Feb. 14 market close.
Soros has already made more than $60 million profits selling shares and he could make another $60 million profit were he to get liquid on his entire remaining block, according to filings with the Securities and Exchange Commission.
Always generous to Democrats, Soros, and individuals associated with him, have supported proponents of the Natural Gas Act.
Latest Obama Green Tech Giveaway: Genesis 825m in tax money- stalls
Genesis had hoped to be among the first of 12 approved solar farms to start operating in Southern California deserts. To do so, it had to meet certain deadlines to receive federal assistance. The 250-megwatt plant, being built on federal Bureau of Land Management land 25 miles west of Blythe, is backed by an $825-million Department of Energy loan guarantee.
Foreclosures on the Rise
One in every 624 U.S. households received a foreclosure filing in January, up 3 percent from the previous month, according to a new report from RealtyTrac. Foreclosure activity froze in many states in 2011, due to processing delays after fraud, or so-called "Robo-signing," were uncovered in the fall of 2010. The thaw is now on.
Renting: the New American Dream?
Examining 250 properties around the U.S., and going through close to 40 client files to project the financial impact of owning real estate versus liquidating it, Arzaga, an adjunct professor inpersonal finance at the University of California at Berkeley, found that, "100 percent of the time it was better to rent, rather than own."
That's right: 100 percent.
The reason is simple. While a home is the main repository of wealth for many Americans, it comes with numerous hefty expenses. The carrying costs - what's needed to hold and maintain the asset - range from property taxes and home insurance to emergency repairs and renovations. In a rental situation, the landlord covers those costs, leaving the occupant free to invest revenue in other areas.
Dems push to interfere with GOP primaries
Daily Kos founder Markos Moulitsas has launched a campaign to make life difficult for Mitt Romney, by encouraging Democrats to vote for Rick Santorum in open primary and caucus states.Moulitsas argues that the longer the primary drags on, the better it's getting for Democrats - noting that Rick Santorum will inevitably follow the path of Herman Cain and Newt Gingrich and see his poll numbers fall.
Big taxing Liberal Sherrod Brown is a tax delinquent
News broke Wednesday that Sen. Sherrod Brown (D-OH) was delinquent on his property taxes due September 2011 until last week. Sherrod, who angrily demands bigger central government and higher taxes from "The Rich," paid the nearly $900 in taxes, penalties, and interest due for his $222,000 D.C. condo only after being questioned by a reporter.
Media Matters spends 50k trying to take out religious broadcasters
Fears Iran is helping Al Qaeda plot attack
Iran and al Qaeda's core leadership under Ayman al Zawahiri have established an "operational relationship" amid fears the terror group is planning a spectacular attack against the West.
There are concerns such an attack, possibly targeting Europe, would be in revenge for the killing ofOsama bin Laden by the US last year.
Sky News' intelligence sources have said Iran has been supplying al Qaeda with training in the use of advanced explosives, "some funding and a safe haven" as part of a deal first worked out in 2009 which has now led to "operational capacity".