Day June 15, 2007

Deepest fears confirmed

Outrageous speech at Canadian oil conference In the actual speech, the “NPC rep” announced that current U.S. and Canadian energy policies (notably the massive, carbon-intensive exploitation of Alberta’s oil sands, and the development of liquid coal) are increasing the chances…

Fed fiddles while banks foreclose

Federal Reserve Governor Randall Kroszner said Thursday that the central bank may use its legal authority to limit predatory lending. “May use”? And this only came after Rep. Barney Frank (D-MA) threatened to strip the Fed of their power to…

Toward a solution to global warming

Bob’s post, “Ecosocialism or collapse,” got me thinking about the challenge of global climate change in a new light. In the post, he quotes Richard A. Smith on “three principles for an ecosocialist economy to save us from collapse.” These…

A socialist response to global warming

“Confronting the climate change crisis” details how socialism can provide answers to global warming. A radical movement against climate change can be built around demands such as these: Establish and enforce rapid mandatory reductions in CO2 emissions: real reductions, not…