Saturday, 21 February 2009


Inside The Meltdown

Don't Miss This Video By PBS

On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.) Continue


We Can't Make It Here Anymore 

By James McMurtry - Video and Text

Will work for food
Will die for oil
Will kill for power and to us the spoils
The billionaires get to pay less tax
The working poor get to fall through the cracks
Let 'em eat jellybeans let 'em eat cake
Let 'em eat sh$%, whatever it takes
They can join the Air Force, or join the Corps
If they can't make it here anymore. Continue


Venezuela Ends Term Limits 

By Patrick Irelan

Chávez is already 54 years old. If he rules for another 20 or 30 years, “far into the 21st century,” he’ll be older than John McCain and won’t remember how many houses he owns. Continue


Der Spiegel Exposes the Brazilian Ethanol Madness

Why the Promise of Biofuels is a Lie

By Robert Bryce

For years, the US has been inundated with claims that it should follow Brazil’s lead on biofuels. These arguments have largely been made by a small, but influential group of neoconservatives who claim that the US should quit using oil altogether. They claim that using more ethanol – produced from sugar cane, or corn, or some other substance – will impoverish OPEC and America will once again be returned to prosperity. Continue