Politics

China or the U.S.: which will be the last nation standing?

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Silly me. Here I had thought that world leaders would want to keep their nations from collapsing. They must be working hard to prevent currency collapse, financial system collapse, food system collapse, social collapse, environmental collapse, and the onset of general, overwhelming misery—right? But no, that’s not what the evidence suggests. Increasingly I am forced to conclude that the object of the game that world leaders are actually playing is not to avoid collapse; it’s simply to postpone it a while so as to be the last nation to go down, so yours can have the chance to pick the others’ carcasses before it meets the same fate.

The Jive Economy

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What started out as a case of The Emperor’s New Clothes now has America looking like the world’s biggest nudist colony, with everyone in the long chain of power and authority admiring each other’s splendid new (imagined) pimp suits. George W. Bush (remember him?) wasn’t kidding when he discounted the function of objective reality in our national life, saying, “we make our own reality.” This apparently hasn’t changed much with a new chief at the top.

Somebody’s Story Is Wrong

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Calculated Risk is an assiduous updater of official government statistics and other economic indicators. He’s very good at what he does, and provides well-informed comment, especially on the housing market, with every story he posts. But let’s investigate the statistical recovery that CR has been reporting. If the recovery is only in the data, but we still have a human recession, surely that implies that the data does not reflect reality. Surely it implies that the data is measuring the wrong thing.

Open Letter to President Obama

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Many of you watched President Barack Obama’s recent State of the Union speech…It is the position of Post Carbon Institute that the President, however well-intentioned, is overlooking critically important considerations.

In the open letter below, we call on President Obama to face reality and ask our fellow Americans to do the same. We are seeking the support and endorsement of our community…

 

Swingtime

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A lot of things started shaking loose last week, and not just in Haiti.  The Scott Brown senate seat victory in Massachussetts shook loose a Democratic “super-majority” that only had to be constructed because the US Senate stupidly turned the filibuster into standard operating procedure where it once was a seldom-used procedural dodge employed strictly by villains seeking to paralyze the chamber.  Thanks to the new system, the senate is now in a continual state of paralysis.

Whose Rights?

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Today’s U.S. Supreme Court decision in Citizens United v. Federal Election Commission—giving corporations the ability to spend money directly to influence federal elections under the Constitution’s First Amendment—was inevitable. It represents a logical expansion of corporate constitutional “rights”—which include the rights of persons which have been judicially conferred upon corporations. “Personhood” rights mean that corporations possess First Amendment rights to free speech, along with a litany of other rights that are secured to persons under the federal Bill of Rights.