Originally published on Fri June 22, 2012 10:23 am
Five years ago, a subprime mortgage firestorm was melting down the U.S. economy, but most analysts didn't see it happening.
Federal Reserve Chairman Ben Bernanke, testifying before Congress in February 2007, said the housing sector "is a concern, but at this point we don't see it as being a broad financial concern or a major factor in assessing the course of the economy."
If he and the vast majority of economists were blind to the economic and financial calamity taking shape then, could they also be missing the start of a huge economic boom now?
Originally published on Fri February 3, 2012 2:10 pm
(Revised at 2:19 pm ET)
In an interview Thursday, Mitt Romney said he "misspoke" when he infamously said earlier in the week that he was not concerned about the very poor because they had a safety net, and the very rich but, instead, was focused on the middle class.
Speaking of the CNN interview that has caused Romney a world of trouble, the Republican presidential frontrunner told Jon Ralston of the Las Vegas Sun during an interview program called Face to Face:
NASA's iconic images of Earth from space date back to the late 1960s--with snapshots taken by Apollo astronauts. The modern "blue marble" images are captured by machines and they're not photos. They're datasets collected by instruments aboard satellites and then translated into imagery on the ground.