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Techno-optimism meets its match

According to the extremely conservative International Energy Agency (IEA), we've passed the world peak for conventional oil (in 2006, they say). In a stunning nod to reality, even the New York Times agrees. In a bizarre case of committee-style cognitive…

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King Ben

The authority of the U.S. federal government has eroded to the vanishing point. No longer do the three branches of government possess significant authority. Their collective ability to right the listing ship of empire has been negated by forces large…

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Empire of lies

Benny and the Inkjets are tossing the money around, but it didn't pump up the industrial economy the last time and QE2 will be no better, even if the next version is expectedly gihugic. He's destroying the dollar in the…

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Grifter nation

Throughout the blogosphere, pundits are predicting the foreclosure fiasco will be the tipping point. Instead of death by a thousand cuts, this spurting wound will bring the industrial economy to its overdue close, they say. Those of us who care…

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