Six Illinois Banks Fail

The FDIC Thursday announced the failure of six more Illinois banks. The state's total for the year now stands at twelve. The last Illinois bank to fail was the Bank of Lincolnwood, in June.

This month's lineup now includes:

Founders Bank, Worth
First National Bank of Danville, Danville
Elizabeth State Bank, Elizabeth
Rock River Bank, Oregon
First State Bank of Winchester, Winchester
John Warner Bank, Clinton

A seventh bank, in Texas, also failed.

By wesler1 at 2009-07-03 00:01

Peak Oil

For the last 30 years, geologists have been finding fewer and fewer oil fields. Now oil production has also begun falling. Greens believe it's time to make the switch to renewables. Click here for a primer on Peak Oil.

Global Warming

Line graph with error bars showing global temps since 1880.

James Hansen, the NASA physicist whom Bush tried to silence, predicts we are nearing a global warming "tipping point." Click here for a primer on global warming.

Nuclear Power

International symbol for radiation hazard.

Greens have opposed nuclear power from the very first. They have opposed nuclear power as inherently dangerous. Greens have also objected to the massive subsidies needed to build and operate nuclear power plants. Click here for a primer on nuclear power.