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T. Boone Pickens has declared that “water is the new oil.” And in a sense, Pickens is correct, given the distinct interplay that exists between water, oil and food. If you have water, you can grow food. If you have food, you can manufacture biofuels. And if you have energy, you can produce fresh water through desalination. Pickens, by the way, owns more water than any other individual in the U.S.

Much of the water that exists on this planet is not fit for human consumption. Only about 3% is considered safe to drink. Of that, two-thirds is locked up in glaciers and not available for consumption. That leaves just 1% of total water potable.

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What if the government could lend money directly to the small businesses – wouldn’t that be wonderful?

Would it really?

President Barack Obama addressed that very question earlier this month at a town-hall type meeting in Tampa. 

The question was posed by small business owner, Steve Gordon, where he asked why it was so easy to lend to the large banks and the auto industry, but that small businesses have to go through their banks in order to get an SBA loan. 

Well, first of all, President Obama pointed out, the SBA loans aren’t even run by the SBA.  Although the loans are underwritten by the SBA, the SBA works with the local and community banks to process the loan. 

But why can’t the SBA swoop in and take over operations, the business owners want to know. Why is it so difficult for the SBA to issue these loans directly?

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The Greeks make more history than they can consume locally — something its neighbours now lament. Already one of the world’s most indebted nations, Greece ran up an elephantine deficit last year — an estimated 12.7% of GDP, more than four times the limit allowed by the European Union. In early February, Greek Prime Minister George Papandreou unveiled a budget-cutting plan to fix the problem. But many fear that effort will fail, possibly forcing an EU bailout.

This fiscal quandary represents an important test of European solidarity. The EU is a monetary union, as opposed to a political or fiscal one — bailouts are supposedly verboten. And wit

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When you think modification of a car is only wasting money then you cannot put car modification into your hobby. Is it good to modify your car? It is depending on your style because car modification can be good hobby for some people but not for other people. If you like to modify your car then you should check some places which will give you good car accessories as the part of modification for your car. It is very nice thing for all people who love to modify that they like to buy car accessories. Which one do you prefer? Buying car accessories from online merchant or just from ordinary conventional store? I prefer to buy from online merchant because it is faster and easier than visiting conventional stores.

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Outlook 2010: Is the recovery for real? The economy is growing again, but there’s reason to worry the better times won’t last.

Outlook 2010: When will the job market rebound? While employment is rising, in a few key sectors the losses look permanent.

Outlook 2010: Is this a real estate boom or a bubble? Housing prices have been defying gravity, but 2010 may bring back some sanity.

Outlook 2010: What’s next for the loonie? The dollar looks likely to remain strong for a while now. But does it really matter?

Outlook 2010: Are the deficits here to stay? As Ottawa trims to tackle the fiscal hole, what America does might matter more.

Outlook 2010: Is America really insolvent?

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