The blame game

The blogosphere is ripe with discussion of this country’s unfolding financial collapse. The collapse of the big banks has begun in earnest, and there’s nothing you, me, or the federal government can do about it. Over at Clusterfuck Nation, James Howard Kunstler is asking us to place blame squarely on Republican shoulders, asking us to re-brand the Grand Old Party as “the party that wrecked America.” I’ve got no problem blaming BushCo and his Republican predecessors for putting us in these dire straits. But I think there’s plenty of blame to go around.

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Talk radio: get it while you can

I’ll be interviewed on Charles Heller’s right-wing radio show, Liberty Watch, this weekend. I’ve been asked by best-selling author Steve Alten to join him as he discusses his latest book, Shell Game: The End of Oil, The Next 9/11, The Deception of a Nation. We’ll be on the air Sunday, 1 June 2008, starting about 12:30 p.m. and running until 2:00 p.m., Arizona time (i.e., 3:30 – 5:00 p.m. Eastern time). You can call in live at the toll-free number, 1-866-725-5467 (local number, in Tucson, is 790-2040).

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Earth: The Sequel

I just finished reading Earth: The Sequel, which was a gift from a bright, thoughtful friend. Subtitled The Race to Reinvent Energy and stop Global Warming and authored by Fred Krupp, President of Environmental Defense Fund (EDF), and Miriam Horn, a writer who now works for EDF, the book is typically optimistic about Empire. Seems readers only want books with happy endings.
As if life’s like that.

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What shall we call it?

The Arizona Republic ran my lengthy op-ed in their Viewpoint section Sunday and a follow-up Q&A piece in Wednesday’s paper. So far, a few minutes before noon, email responses to me on Sunday are mixed. About half are vile, in-denial buckets of hate. The other half are thankful, fearful, and/or curious to learn more. One respondent indicated the piece was linked to Oil Drum already, but I haven’t taken the time to find it there.

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U.S. economy locked in spiral of death

The U.S. economy is moving in ever-tighter, ever-accelerating spirals. This, mind you, despite ongoing attempts to prop up the economy in the name of staving off a recession by Ben Bernanke and the ghouls at the Fed, Hank Paulson and his gangsters at Treasury Department, and Dubya and his cabal of criminals.

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The Great Awakening has Begun

Seems my entry from last week was premature. Specifically, I wrote: “The federal government’s complete unwillingness to deal with the tsunami of economic news, from home foreclosures to runaway inflation and supply disruptions in gasoline, is truly pathetic.” The federal government and its primary media outlet suddenly leaped into action.

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U.S. economy running on fumes

The hallucinatory economy of the United States, based on the “service” industry and consumption of salad shooters, is starting to drag. Seems the absence of cheap oil, along with the closely related inability to use our homes as automatic teller machines, removes the grease from the skids. The associated friction has the Dow doing its best impression of a man falling down the stairs, lurching and spinning and almost recovering before he falls headlong into the abyss of the black widow-infested cellar he couldn’t even imagine except for the old stories about the previous Great Depression.

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