Australia’s House of Debt

Most Australians are too busy working to pay off mortgages, HECS fees, medical bills, insurance, credit cards, and personal debt to care about the government’s debt. We will literally be “working until we drop” because our combined household debt has now outstripped our total income. For every $100 we earn, we owe $130.

Kunstler On US Election Results

Bush will enter his second term with a flimsy mandate. He will preside over the global oil production peak and the widespread instabilities it will initiate, including ever-widening jihad. There is every indication that the US economy — based on continual suburban development — will crater under the circumstances of the next four years.

Oil sands costs may rise 35%

Canadian Natural Resources says high prices for steel, fuel and labour could boost the cost of the first phase of its Horizon oil sands project in northern Alberta by nearly 35 per cent — to $6.6-billion.

The Rapture Index and the US election

These true believers subscribe to a fantastical theology concocted in the l9th century by a couple of immigrant preachers who took disparate passages from the Bible and wove them into a narrative millions of people believe to be literally true.

US Election: Global monitors find faults

The observers said they had less access to polls than in Kazakhstan, that the electronic voting had fewer fail-safes than in Venezuela, that the ballots were not so simple as in the Republic of Georgia and that no other country had such a complex national election system.