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 12:10 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:
Unmanned Aerial Vehicles (UAVs) are replacing boots on the ground in some wars. Commercially, UAVs are being used for things like crop-dusting and flood mapping. Experts discuss advances in drone technology and how to address legal and privacy concerns that stem from their use.