Interview with Bill Black: the great global bank robbery, part 1

When it comes to White-Collar Crime and Control Fraud, the Roosevelt Institute Braintruster William K. Black is surely the leading expert to ask. In an exclusive interview in two parts, he answers questions related to major causes for the financial / economic crisis, the SEC charges against Goldman Sachs and the importance of drug money for the survival of the international banking system in our times.

Rediscovering Democracy

Many people see governments with ministers and presidents as the only way of ruling a country, even in democratic systems. It may seem that since all countries are now ruled by some form of government — parliamentary, presidential or monarchal — it must have always been like that. Well, it wasn’t.

The future of flight

As the skies remain quiet here, we are reminded how much we rely on air travel, not just for business meetings and holidays but to keep the supermarket stocked. According to the Guardian newspaper, Ireland and England might experience a temporary shortage of fruit, which is grown in Australia, New Zealand and other distant lands and transported to the other side of the planet every day to be eaten in huge quantities in Europe.

Live from Cochabamba – the alternate climate conference

Welcome to the World People’s Conference on Climate Change and the Rights of Mother Earth—a massive meeting organized by the Bolivian government in response to the resounding failure of the United Nations-sponsored climate talks in Copenhagen last year.
– Video clips
– From Buenos Aires to Cochabamba (Guardian)
– Changing the Climate for Justice (ColorLines)
– “People’s climate conference” in Bolivia kicks off with ambitious aims (Grist)
– What Evo Morales wants

Local economies close the distance between us

I live in a 19th century neighborhood in a small New England city. My mother-in-law, who grew up in this same neighborhood, often talks about what it was like during her childhood in the 1940s. What I find most striking about her description is how many businesses our little section of town once had. There was a grocery store, hardware store, two drugstores, a tailor, and more.

Commentary: Debunking Peak Demand

The notion of ‘peak demand’ is often invoked to suggest that the US or global economy is somehow less in need of affordable oil today or that Americans are simply finding car ownership passé. But is this really the case? Are we weaning ourselves from dependence on oil? The statistics paint a more nuanced story.

A Miracle In the Marcellus Shale?

It’s fair to say that lot of people, from shale gas operators to Pennsylvania state revenue collectors, see $$$ every time they think about the Marcellus shale. Only recalcitrant environmentalists worried about polluted drinking water do not salivate at the prospect that many years of U.S. gas supply will come from the Marcellus. Today I will not deal with the environmental issues. Instead, I want to examine the view that resources in the Marcellus are a big part of the shale gas cure-all for America’s energy problems.

Excerpts from “Energy, Growth, and Sustainability: Five Propositions” by Steve Sorrel

Steve Sorrel, Senior Fellow, Sussex Energy Group, University of Sussex in the UK has recently published a 25 page paper called Energy, Growth and Sustainability which can be downloaded at this link. This post provides some excerpts from the paper, which summarize its findings. Readers are encouraged to read the entire paper.