Bricks in the wall
The U.S. Department of Defense consumes 360,000 barrels of oil each day. Yet corporate Amerika wants you to conserve, no doubt to save the last drops for the military (to be used to secure more oil). We're being fleeced, folks,…
Reality bites
The BRICS are making their move to shove aside the U.S. dollar (although their own troubles might interfere). The dollar dump is particularly timely in light of recent recognition that U.S. credit verges on junk status, and rates lower than…
Partial understanding on planet Easter Island
The recent S&P downgrade of U.S. debt is yet another example of a circus sideshow in a nation filled with clowns sleepwalking off a cliff. Ben Bernanke, the master of ceremonies in the most ridiculous show on Earth, has come…
Like an Elevator When the Cable Breaks
According to Mark Twain, "civilization is the limitless multiplication of unnecessary necessities." It seems western civilization is just about done with the mindless multiplication of anything, much less unnecessary nonsense. It's too late for a fast collapse of the industrial…
Demise of the Dollar
The U.S. dollar continues its journey from Brobdingnagian to Lilliputian stature, and the latest trade report is a prelude to the dollar as microbe. The Prime Mover in this case is King Ben, who has the helicopter on track for…
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…
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…