According to Senator Jim Bunning, the proposal to purchase $700bn of dodgy debt by the US government “is financial socialism, it is un-American”(1). The economics … Financial socialism or Corporate WelfareRead more
USA Empire
Posted inTransportation / USA Empire
Reward for Driving Less
California State Insurance Commissioner Steve Poizner is proposing legislation that would allow insurance companies to lower rates for drivers that cut back on drive time, … Reward for Driving LessRead more
Posted inSocial / USA Empire
Islamophobia
In the last few weeks, 28 million copies of a DVD titled Obsession: Radical Islam’s War Against the West have been distributed as an advertising … IslamophobiaRead more
Posted inEconomics / Financial crisis / USA Empire
Has deregulation sired fascism?
The government’s bailout being aimed primarily at the financial institutions rather than the homeowners who—and the defaults that are at the root of the crisis. … Has deregulation sired fascism?Read more
Posted inGeothermal / USA Empire
New Geothermal Technology
On August 22nd, Raser Technologies and New Mexico Governor Bill Richardson broke ground on New Mexico’s first geothermal power plant. Situated at Lightning Dock near … New Geothermal TechnologyRead more
Posted inEconomics / USA Empire
Cash for trash
What upsets the Europeans and the foreigners is that the US plan has done nothing at all about the debt crisis itself. It’s bailed out … Cash for trashRead more
Posted inEconomics / Financial crisis / USA Empire
AIG Execs Luxury Vacation After $85B Taxpayer Bailout
A congressional analysis says the stock market decline has led to the loss of about $2 trillion in Americans’ retirement savings over the past fifteen … AIG Execs Luxury Vacation After $85B Taxpayer BailoutRead more
Posted inEnergy / USA Empire / Wind
North Dakota push for 10,000 megawatt wind power goal
North Dakota should push for 10,000 megawatts of wind power development in the next 12 years along with local ownership of wind projects, the Democratic … North Dakota push for 10,000 megawatt wind power goalRead more
Posted inEconomics / Financial crisis / USA Empire
Free Lunch
Fannie Mae and Freddie Mac never originated a single loan. They certainly are participants in what went on here, but the problem was caused by … Free LunchRead more
Posted inMiddle East / USA Empire
The Age of the Warrior
The US strategy in Afghanistan is back in the news, just ahead of the vice-presidential debate tonight. The British ambassador to Afghanistan has been quoted … The Age of the WarriorRead more