Posts Tagged ‘Politics

27
May
09

The green bubble burst

Ted Nordhaus and Michael Shellenberger of The New Republic suggest that the green eco-friendly bubble has already burst. They conclude that this isn’t the first time an eco bubble has inflated then burst.  First signs of an eco-friendly society emerged in 1969 with an industrial pollution fire on the Cuyahoga River in Cleveland, Ohio,  generating public outrage.

…these past bursts of environmentalism waxed and waned with the rise and fall of the economy. But, perhaps more significantly, the green bubbles inflated during highly polarized periods in American society and politics, often fueled by disastrously violent episodes in foreign policy.

10
Oct
08

The Sidewalk to Nowhere

The Crazies.

22
Sep
08

Laissez-faire (hey, a French word)

Admit it, mes amis, the rugged individualism and cutthroat capitalism that made America the land of unlimited opportunity has been shrink-wrapped by a half dozen short sellers in Greenwich, Conn. and FedExed to Washington D.C. to be spoon-fed back to life by Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson

It only gets better..

All Mitterrand did was nationalize France’s big banks and insurance companies in 1982; he didn’t have to deal with bankers who didn’t want to lend money, as Paulson does. When the state runs the banks, they are merely cows to be milked in the service of la patrie.

The article is here.

15
Sep
08

Bailout central..

Here is a look at the Feds extensive new emergency lending programs.

..taking a wider array of securities, including equities, as collateral for its loans, the central bank said late Sunday.

shizer.

12
Sep
08

Should we be scared?

The government is looking for an agreement that would not involve public money.

Recent discussions amongst Lehman Brothers, the Federal Reserve, and Treasury Department in regards to actively selling the financial giant.

And I don’t see where anything has really changed in the last few days to make Lehman a $4 stock versus a $20 stock. So what we’re dealing with, I think, is less fundamentals than fear,” Paulsen said. “It’s spooky because I’m not sure anyone has an answer as to how you’d end it.”

07
Sep
08

McDonald’s theory of war

The logic is thus: countries with middle classes large enough to sustain a McDonald’s have reached a level of prosperity and global integration that makes warmongering risky and unpalatable to its people.

Thomas Friedman, who invented the theory in 1996, finds that countries with a developed middle class, one that can sustain a McDonald’s, is less likely to engage in aggressive behavior. Unfortunately, the Russia-Georgia conflict proves otherwise. What about countries with KFC and Taco Bell?

Here is the entire article via the Guardian.

02
Sep
08

R.A. Childs

Anarchism and Justice, by Roy A. Childs, and further readings here.




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