Archive for March 2012
Pig Pen
The Friday File: McDonald’s is pushing its pork suppliers to stop confining breeding sows, of which there are 5.7 million, in gestation stalls, and instead place them in large pens. While this sounds great, it costs money and studies show that the pig’s quality of life is identical either way! The best that can be…
Read MoreMoney for Nothing
In Europe, Mario Draghi, the head of the ECB, is flooding banks with a $1 trillion euros ($1.3 trillion) at 1% in an effort to recapitalize them and maintain liquidity. Many banks are using this money to buy sovereign debt that pays high rates of interest. Unfortunately, as was the case here with QE1 and…
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