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Obama has a good transportation plan. Now we just need to raise the gas tax to pay for it. | Grist

Why America lags the rest of the world in innovation!  Any North American idiot, Canadians even, knows that you use the price of something to achieve economic goals.  A decent gas tax would be one legacy that would distinguish that apathetic rich from the the marginally active poor.  Why not get that debt down at the same time. It is a winner way to drive America into the future and get the economy to pay for itself. The only problem is that oil companies would disappear and become energy companies. Stop subsidising pollution, the solution is a hefty and decent road tax that keeps America in the cities and away from the countryside. Mass transit might then have a chance and pedestrian centres. 

Britain's housing market shows no sign of cooling down, says Nationwide | Money | theguardian.com

Now the cat is out of the bag will the idiots that undid the ties know how to catch it. Doubtful!  Several years of bad policy and the UK can have a real crisis to worry about for the next fifteen years. Well done, Bank of Inflation!

The Barnstable Patriot - Primer Rate: Bitcoin bubble?

Bitcoin as an accounting entity that facilitates exchange may succeed, but as a currency to be held outside of transactions and store of value, it's very very risky. Why not use beany babies?