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…
Economic and environmental consequences of expensive oil
What are the causes and consequences of expensive oil? The first question is posed in this article, and answered surprisingly well by a neoclassical economist. He understands the relationship between the price of oil and economic growth, and he hints…
BushCo’s peak-oil plan
The lamestream, corporate media are finally beginning to spread the news about peak oil, though they’ve been remiss in pointing out the ramifications. And, as with global climate change, they’re too late to this party to do much good, if any.
The Fed slashes, the dollar bleeds
The Fed had several options, none of them good. Here’s a surprise: They chose the one that will contribute to inflation, financially enrich the wealthy, and impoverish the poor.