The credit rating house of cards

salon.com

Last update: December 22, 2009

+Away message

How the World Works takes a break. Back Jan. 3

+A not-so-merry Christmas from Bill Gross

The U.S. entered a recession in December, says the bond fund manager. And hedge funds are a con!

+The unhappiness of Woodrow Wilson

Did the president lament the day he "unwittingly ruined"his country by creating the Federal Reserve?

+Merry Christmas from Mawulé Agbeka

Holiday greetings from Togo: Your online microfinance loan has been paid back in full.

+Kitchen gadgets: Put away those onion goggles, please

If you're tearing up while cutting onions, maybe you should just deal with it.

+Ask the pilot

Can someone with no flight training safely land an airliner? Plus: Pilotless planes, overpaid pilots and other aviation myths.

+Peak gold and the gold standard

Have we already discovered most of the gold that exists? And does that make the glittery metal a better bet than ever as a currency base?

+A battle Bush's EPA can't win

The Terminator and the EPA's own lawyers agree: The decision to deny California's right to restrict greenhouse gas emissions from automobiles is indefensible

+Think censor: Apple's lawyers shut down rumor site

A new Apple innovation: Sue your journalistic hounds into silence.

+Death to the Fed! A Ron Paul manifesto

A return to 19th century economic policy is all the man is asking for. Is that so bad?

+A demon of our own design

An interview with Richard Bookstaber

+Kitchen gadgets: You don't really need a brownie edge pan

It makes better brownies, but not by much.

+EPA to California: Drop dead!

The Environmental Protection Agency denies California the right to regulate greenhouse gases emitted from automobiles

+Morgan Stanley stumbles, China lends a helping hand

Should the U.S. worry that China (and an emirate here or there) is becoming Wall Street's lender of last resort?

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