Category Archives: Economy

The Far Side of Apocalypse

This week’s news is dominated by the war debate in Washington, where the president and his generals urge the Congress to pour more lives and money into the Pit of No Progress. Elsewhere in the news, Russia’s Vladimir Putin fired his prime minister and legislature, Japan’s Prime Minister Shinzo Abe announced his resignation after months […]

Victims of Oil

The shop around the corner raised the price of sandwiches by a quarter this week. Although the housing meltdown is raising concerns that it may take the whole American economy down with it, prices are going up and the reason is the cost of oil. Oil, and therefore gas, prices remain at near-record levels. A […]

News From the (Warm) Front

Dr. James Hansen, director of NASA’s Goddard Institute for Space Studies and the nation’s leading expert on global warming, says we have less than 10 years to significantly decrease the amount of carbon dioxide and other greenhouse gases we pump into the atmosphere. He made that statement last summer, the first anniversary is coming up, […]

The Oil Deficit

Late last week, the federal government’s Energy Information Administration posted the final global oil consumption figures for 2006. Although we pumped more oil than ever in 2006, on an average day, we consumed over 400,000 more barrels of oil than we produced. This is not the first time demand has exceeded supply; in 2002 we […]

The Road to Hell

People often speak of the pavement on the road to hell, rarely about the traffic. These days, that particular avenue is gridlocked with American cars. Big, stupid, gas-guzzling American cars. Global warming, a terrestrial version of hell 150 years in the making, is sore upon us. Here in the nation that contributes more to global […]

The Real Thing

Carlo Giuliani, the young man killed by police at the recent Group of Eight meeting in Genoa, has been called the “first person to die in anti-globalization protests,” but this is untrue. Any number of people have already be killed by police in developing nations – Indonesia and India, to name two. It’s easy to […]

What Happens Here

What happened last week in Seattle – and more significantly what didn’t happen – was a great example of direct democracy. By taking the streets and raising their voices, protesters set a stumbling block in the road toward an unaccountable, unelected world government by multinational corporations. Congratulations to all who participated peacefully. Now get ready […]