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...does this relate to the economic collapse we've been living through? Was it a result of some of these excesses? I wouldn't pretend it all boils down to the fact there are a lot of M.B.A.s running around. But I think it's reasonable to suggest all this phony expertise and credentials were a layer of fat or parasitism on top of the overall economy. Some of these people learned how to extract profits at the expense of the system as a whole...
...fact, Chu is already an efficiency nut. His California house was so well insulated, it barely needed air conditioning, and he's now weatherizing his D.C. home. He's pushing 24 new appliance standards that languished under Bush; at Tsinghua, he explained that existing efficiency rules for U.S. refrigerators alone save more energy than the controversial Three Gorges Dam in China's Hubei province will produce. He's especially obsessed with promoting white roofs and light-colored pavement, constantly citing Rosenfeld's calculation that having them throughout the U.S. would save as much carbon as taking every...
...fact, GOP leaders have said that global warming is a hoax, that fears about carbon are "almost comical," that the earth is actually cooling. When I asked Chu about the earth-is-cooling argument, he rolled his eyes and whipped out a chart showing that the 10 hottest years on record have all been in the past 12 years - and that 1998 was the hottest. He mocked the skeptics who focus on that post-1998 blip while ignoring a century-long trend of rising temperatures: "See? It's gone down! The earth must be cooling!" But then he got serious...
...says Tice and "three or four other people" remain "persons of interest" in the investigation. Tice, 63, a former business partner of Billings, has acknowledged that he "hated Billings" and that they had a rancorous falling out over thousands of dollars Tice owed Billings' loan company, Worldco. (Tice, in fact, has been charged with grand theft after Billings turned him in last year for allegedly writing Worldco $17,000 in bounced checks. Tice denies the charge and claims he had an agreement with Billings to hold the checks until he could cover them...
Still, Morgan says he doesn't buy into the idea "that Bud Billings brought this on himself." He points to the fact that Bud and Melanie "opened their home and fortunes" to their adopted brood as proof of their charitable side. But even that admirable domestic picture has come under scrutiny in the murder's wake: Billings, who was arrested in 1989 for adoption fraud, tried earlier this decade to copyright his adopted children's names in a bizarre scheme to extract money from Florida's Department of Children & Family Services. He had also recently thrown two of his teen...