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WASHINGTON (AP) -- MF Global, Jon Corzine's embattled securities firm, moved millions in missing client funds last week and tried to avoid detection, a regulator said Wednesday. MF apparently made "substantial transfers" of customer money after an on-site audit last week, said the regulator, CME Group Inc. CME is a private company that oversees firms such as MF Global on behalf of federal regulators. It also operates exchanges where MF Global traded investments. The money was moved in a way that "may have been designed to avoid detection," CME said in a statement. MF Global filed for bankruptcy protection Monday...

Corzine's firm admits to using clients' money, fed saysBy Associated Press Published: Wednesday, November 02, 2011 WASHINGTON — MF Global, the securities firm led by former New Jersey Gov. Jon Corzine, admitted using clients’ money as its financial troubles mounted, a federal official says. An MF Global executive admitted that to federal regulators in a call early Monday, after regulators raised questions about the company’s books, according to an official familiar with the conversation. It is not clear where the money ended up or what it might have been used for, said the official, who spoke on condition of anonymity...

I spent 25 years of my life worried about global warming. And one of the best proofs that the scientists and the media both had to keep me convinced was warmer winters, with less snow. Al Gore talked about it. Robert F. Kennedy Jr. wrote about it. Dozens of scientists published papers showing that winters were getting warmer, with less snow. Well, in the midst of this kind of certainty about warmer winters, with less snow, some scientists, among them a Russian named Habibullo Abdussamatov, dared to question the idea that warmer winters, with less snow, were caused by carbon...

It must be global warming climate change. New York City is expecting its earliest snow storm since the Civil War.

On Oct. 22, 1844, thousand of Millerites, having sold all their possessions, climbed to the top of hills in Upstate New York to await the return of Jesus and the end of the world. They suffered "the great disappointment" when it didn't happen. In 1212, or so the legends go, thousands of Children's Crusaders set off from France and Germany expecting the sea to part so they could march peaceably and convert Muslims in the Holy Land. It didn't, and many were shipwrecked or sold into slavery. In 1898 the cavalrymen of the Madhi, ruler of Sudan for 13 years,...

We’re in this for the long haul. There are no “solutions” that can be presented quickly to make us go away. And so there will be moments where our presence is no longer an uncomfortable and unknown variable, but rather is normalized and integrated. It’s in those moments that we have to push the envelop [sic], pry open the space of possibility even farther. We go as far as we can to destabalize [sic], but maintain momentum. And when that’s the new “normal” then we go farther. That’s how change happens, how we shift the terrain and the terms of...

When the financial crisis hit three years ago, many gleeful leftists assumed that the long-anticipated failure of the free-market system had finally come and that this crisis would do for capitalism what the fall of the Berlin Wall did for communism. In fact, it is not capitalism that is failing. We are beginning to see this in Europe, where the debt crisis is a crisis of the welfare state. I think we are also about to see it, possibly in a more spectacular way, in another leading example of a capitalism-socialism hybrid: the so-called "state capitalism" of China. As the...

The globalists at the United Nations are busy preparing their agenda for the Rio + 20 Conference in Rio de Janeiro, Brazil, which will be held on June 4 – 6, 2012. They have prepared a draft entitled “Enabling a Flourishing Earth: Challenges for the Green Economy, Opportunities for Global Governance”. It is truly amazing that this is not being devised in Dr. Evil’s hidden lair in the depths of some inactive volcano or on a deserted island. This has been made available for everyone to read. It reveals the true intent; the hopes, dreams and aspirations for this new...

CHENGDU/WUHAN, China (Reuters) - When China announced a nearly $600 billion package to ward off the 2008 global financial crisis, city planners across the country happily embarked on a frenzy of infrastructure projects, some of them of arguable need. Chengdu, the capital of southwestern Sichuan province, answered the call for stimulus action with a bold plan for a railway hub modeled after Waterloo railway station in London. Except London's Waterloo was not ambitious enough. > China's local governments have piled up a mountain of bad debt, some of it to finance bridges to nowhere and other white elephant projects, which...

Milton Friedman shows the stupidity of tariffs.

Federal authorities are warning that the killing of American-born cleric Anwar al-Awlaki in a CIA-led strike on his hideout in Yemen early Friday may trigger revenge attacks ....

Jews around the world gathered on Sunday for first-ever global Shofar FlashMob hosted by Art Kibbutz NYC, the newly-launched international artist community. The event was meant to give the Jewish tradition of sounding the Shofar daily during the Hebrew month of Elul a 21st century post-modern twist. The Shofar, traditionally made from a ram’s horn, was used in Biblical times for many purposes, including announcing the new month, to herald the commencement of the festivals and in battle. Besides being sounded during Elul, the Shofar is also sounded on Rosh Hashanah and at the conclusion of Yom Kippur. There are...

An Italian court has rejected a request for new testing of crucial DNA evidence in the Amanda Knox appeal, as a prosecutor predicted the American will be acquitted of the Meredith Kercher murder. Court appointed experts have criticised the way the original forensic investigation was carried out by police, raising hopes 24-year-old Knox and her former boyfriend, Raffaele Sollecito, 27, will be cleared. Meredith, 21, from Coulsdon, Surrey, was in Perugia as part of her Leeds University and had only been in Italy for two months before she was brutally murdered in 2007. Knox and Sollecito were jailed in December...

Calder's Updates Nigel Calder takes the pulse of science, as the author of Magic Universe and Einstein's Universe. He checks predictions of the past half-century, to see how they worked out. And his hand is on the brow of frenzied climatology, as a co-author of The Chilling Stars: A Cosmic View of Climate Change.   CERN experiment confirms cosmic ray action Climate Change – News and CommentsThe global warmists’ dam breaks A graph they'd prefer you not to notice. Tucked away near the end of online supplementary material, and omitted from the printed CLOUD paper in Nature, it clearly shows...

This guy and his hypocrisy has got to stop. Right after this interview he was probably chauffered to his private corporate jet and probably once again flew to Europe to preach his doctrine of Global Warming. The real science is catching up to this guy and he is starting to panic. By calling the other side "RACISTS". This video is really an ad hominem attack. Algore your science is junk along with your logic. BTW. Senator Al Gore Senior voted AGAINST the Civil Rights Legislation in 1964. The science community has said (CERN and NASA) man made global warming or...

Three years after the release of the remake The Day the Earth Stood Still, a team of American researchers has made the film’s theme a scientific theory: They are suggesting that an alien race might destroy man to stop our release of greenhouse-gas emissions and global warming. Writes Fox News: The thought-provoking scenario is one of many envisaged in a joint study by Penn State and the NASA Planetary Science Division, entitled "Would Contact with Extraterrestrials Benefit or Harm Humanity? A Scenario Analysis." It divides projected close encounters into "neutral," those that cause mankind "unintentional harm" and, more worryingly, those...

Appropriately, the core point of contention in political economy, the government’s size and role in society, will be at the center of election-year debate. With rioting abroad as a real-time reminder of what happens with loss of spending discipline, the U.S. economy now faces the near arrival of a long-developing fiscal reckoning, and how it is handled will determine what kind of country we have in the coming century. Stark facts underline the 2012 debate in the U.S.: Job creation and personal income growth are moribund. The U.S. has entered an alternative universe not seen since the 1930s: in the...

It may not rank as the most compelling reason to curb greenhouse gases, but reducing our emissions might just save humanity from a pre-emptive alien attack, scientists claim. Watching from afar, extraterrestrial beings might view changes in Earth's atmosphere as symptomatic of a civilisation growing out of control – and take drastic action to keep us from becoming a more serious threat, the researchers explain. This highly speculative scenario is one of several described by a Nasa-affiliated scientist and colleagues at Pennsylvania State University that, while considered unlikely, they say could play out were humans and alien life to make...

BEDFORD, N.H.- GOP presidential candidate Rick Perry told New Hampshire voters Wednesday that he does not believe in manmade global warming, calling it a scientific theory that has not been proven. "I think we're seeing almost weekly, or even daily, scientists that are coming forward and questioning the original idea that manmade global warming is what is causing the climate to change," the Texas governor said on the first stop of a two-day trip to the first-in-the-nation primary state. He said some want billions or trillions of taxpayer dollars spent to address the issue, but he added:

In a Bloomberg TV interview following today's quixotic "QE3/non-QE3 announcement, which is Operation Twist 2, but not LSAP, and ushers in economic recession, even as it sends risk assets soaring, and somehow pushes the 2 Year a whopping 20 bps tighter so buy,buy, buy" and is really very much ado about nothing, the always outspoken Marc Faber had some very choice words about life, the universe and especially the residents of the Marriner Eccles building. While there still appears to be some confusions as to whether today's Fed decision to peg rates at zero for 2 years is QE3 or...