>"Drill, Baby, Drill" debunked …

>as "Burn, Baby, Burn the Planet"by Jan Lundberg Culture Change Letter #205 (October 12 2008)When Republican Sarah Failin and her titular senior running mate McPain chant "Drill, Baby, Drill", or, for that matter, the wiser and more honest Barack Obama is in favor of more offshore drilling, there is no possibility of energy independence through … Continue reading >"Drill, Baby, Drill" debunked …

>World will struggle to meet oil demand

>by Carola Hoyos and Javier Blas in LondonFinancial Times FT.com (October 28 2008)Output from the world's oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows.Without extra investment to raise production, the natural annual rate of output decline is 9.1 per cent, the International Energy Agency says in … Continue reading >World will struggle to meet oil demand

>Easthampton Burning?

>Clusterfuck Nation by Jim KunstlerComment on current events by the author ofThe Long Emergency (Atlantic Monthly Press, 2005)http://www.kunstler.com/ (October 27 2008)In the typhoon of commentary that's blown around the world a step behind the financial tsunami that's wrecking everything, two little words have been curiously absent: "fraud" and "swindle". But aren't they really at the … Continue reading >Easthampton Burning?

>Licensed Kleptocracy for Years to Come

>The ABCs of Paulson's Bailoutby Michael HudsonCounterpunch (October 20 2008)Treasury Secretary Paulson's bailout speech on Monday, October 13, poses some fundamental economic questions: What is the impact on the economy at large of this autumn's unprecedented creation and giveaway of financial wealth to the wealthiest layer of the population? How long can the Treasury's bailout … Continue reading >Licensed Kleptocracy for Years to Come

>The Perils of the Coming Sugar Economy

>by Hope ShandForeign Policy In Focuswww.fpif.org (October 10 2008)Peak oil, skyrocketing fuel costs, and the climate crisis are driving corporate enthusiasm for a "biological engineering revolution" that some predict will dramatically transform industrial production of food, energy, materials, medicine, and the ecosystem. Advocates of converging technologies promise a greener, cleaner post-petroleum future, where the production … Continue reading >The Perils of the Coming Sugar Economy

>Congress Should Bail Out of the Bailout

>Rescue for the Few, Debt Slavery for the Manyby Michael HudsonCounterpunch (October 13 2008)We are now entering the financial End Time. Bailout "Plan A" (buy the junk mortgages) has failed, "Plan B" (buy ersatz stocks in the banks to recapitalize them without wiping out current mismanagers) is fizzling, and the debts still can't be paid. … Continue reading >Congress Should Bail Out of the Bailout