You get up every day
expecting it to be just like the last one.
And then one day, just like that
It is the last one.
– Thomas A. Lewis, Tribulation
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will actually decline this month. To those who have been watching the agony of the oil patch with clear eyes, this had all the shock value of a soaked weather forecaster, standing in a downpour, predicting rain. But it had no effect at all on the Glad News Bears, the relentless chanters of “Don’t Worry, Be Happy,” and “Ain’t Gonna Rain No More, No More.” Continue readingThis week, the U.S. Energy Information Agency forecast that oil production in the country’s two largest fracking patches — Bakken in North Dakota and Eagle Ford in Texas —
When 47 United States Senators sent a letter to the government of Iran, presuming to explain our Constitution (which, the Iranian Foreign Minister immediately observed, they do not seem to understand) and demonstrating profound ignorance of international law, they did not merely embarrass themselves and our country, they broke the law. Their purpose was to prevent the Obama administration from reaching an agreement with Iran to prevent that country from manufacturing nuclear weapons (something the country has always professed it does not want to do anyway).
These Senators presumed to tell the leaders of Iran that should they reach agreement with the United States negotiators, who for years have been trying to find a way to limit Iran’s nuclear energy program to prevent weaponization, any such agreement would probably not be honored by the Congress or the next administration. Since no such agreement exists yet, they made this threat without knowing what would be in it. Doesn’t matter; if Obama did it, it’s evil. Continue reading
The setup continues of the double train wreck that will decimate the U.S. economy this year; the switches have been thrown to prevent either train from leaving the track, and the engines are accelerating. It doesn’t take much perspective, now, to see both trains, closing fast.
[Note: The Crash of 2015 is not expected to be the collapse of the global industrial economy, which will take a little longer. Just another lurch downward of the shattered Titanic, further unsettling those passengers who do not believe in icebergs.] Continue reading
It’s on account of accountants that we can’t count anymore, and someone should hold them accountable. We call them bean counters not to disparage them — honestly, I mean no disrespect — but to remind us and them of their purpose: to tell us how many beans are in the jar. When instead they tell us how many beans were in the jar last year; or how many beans would be in the jar if we had only put more in; or exactly how many beans are in a jar we don’t have and can’t get, they are not just failing to do their job, they are doing a great deal of harm to the people and companies and system they serve. Continue reading
“The domestic radical right has killed more people than radical Islam since 9/11 in the United States, without a doubt.” Those are the words of Ryan Lenz, principal writer of a Southern Poverty Law Center study of violent “terrorist” attacks that occurred in the U.S. between 2009 and 2015. In a classic example of confusing ideologues with facts, the SPLC study found that while US security officials were focused exclusively on protecting against foreign organizations of Islamic extremists, Americans were steadily being picked off by home-grown, Christian lone wolves. Continue reading
When the nation of Yemen was put on a gurney and trundled down the hall from the global intensive-care unit to hospice, it was in pretty bad shape. The United States runs the ICU, of course, and has only two treatments to offer, whatever the symptoms presented: massive injections of cash, or invasion surgery. The outcomes are universally terrible, and have been since about 1950, but no one seems able to think of another approach. That may have something to do with the quality of diagnosis: a patient who is starving and dehydrated is unlikely to respond well to either a high-pressure currency infusion or a brain transplant. Continue reading
The story of Cedar Island, Virginia, is a quintessentially American story, of a man who had a dream, who wrested from an empty landscape a vision of congestion, postage-stamp-sized, $100,000 lots — lots of lots — along with seaside highways, entertainments and villas. He called his vision “Ocean City, Virginia,” and it endured for half a century. But now Cedar Island’s 2,000 acres, dozens of seaside homes, and dreams of wretched excess have been wiped from the face of the earth by an implacably rising sea. Is this a great country, or what? Continue reading
I know, it’s old news. If I stop by on Monday and tell Oscar Oblivious that his house appears to be on fire, he is of course concerned. But when I stop by on Wednesday to say it’s still burning, has consumed most of the structure, and collapse appears to be imminent, he demands to know why I am bothering him with old news. The Crash of 2015, the burn and crash of the economies of much of the world into — at least — serious recession for a very long time, is well under way. It is of course no news at all for the mainstream media, transfixed as they are with simpler stories of happier, imaginary times. But for you who come here from time to time, it’s old news. How is it then that you are still in the burning house? Continue reading
The closer a person or a society comes to the end of its life, the more attractive magical thinking becomes. Clearly this is not going well, the thought process goes, but I can avoid the inevitable outcome if I 1) pray real hard, or 2) pay enough money to the shaman/priest/doctor, or 3) take lots and lots of Vitamin X while bathed in a strong electromagnetic field, or 4) sacrifice plenty of virgins to a volcano. The more hopeless the situation becomes, the more attractive becomes the idea of a magical, easy solution, and the lust to find one often intensifies until death intervenes. Thus now, in the dotage of our society, we are hearing a rising, insistent chant from the shamans of technology, a promise of an easy fix for the climate that is turning against us: “geoengineer it, geoengineer it.” Continue reading
To paraphrase an old saying: For every event there is an explanation that is simple, obvious and wrong. For example, ask why oil prices started to plummet last fall and the simple, obvious answer is: too much supply, mainly because of the American fracking boom, and too little demand because of weak and weakening economies. I have ever been suspicious of people, such as weather forecasters and stock brokers, who have no idea what’s going to happen 24 hours from now but once it happens can immediately explain why it happened, in excruciating detail. Thus on January 7th in this space, I asked a question about this simple and obvious explanation, offered by people who had no clue ahead of time that it was going to happen. The question was this: On what planet does an oversupply of two percent for a machine burning 90 million barrels a day lead to a 50% drop in prices? Continue reading