President Obama says he wants to reduce the federal deficit by $4 trillion over 12 years, but not by cutting benefits for the poor and the elderly to pay for tax breaks for the rich. Obama says he supports cuts in Medicare, Medicaid and defense spending, along with an elimination of tax loopholes for individuals and corporations, and an end to Bush-era tax cuts for wealthier Americans. Source Link
It’s a morality tale for the 21st Century -- a study of college students shows that most think it’s OK to illegally download songs, even though few would steal the same music CD from a store. The study’s author says the disconnect comes because there’s little physical risk from online music theft and it’s widely accepted, and the attitude probably extends to movies, games and other digital content. Source Link
Consider this the next time you gripe about cleaning the fish tank. Scientists think that biofuels made from algae could replace 17% of the oil that we import. Algae can produce 80 times the yield of biofuels made from corn. Because the outdoor growing process requires lots of water, scientists think the best places to grow algae would be in humid locales like the Gulf Coast and the Southeastern Seaboard. Source Link
