Archive for July 1st, 2008


Judge blocks coal plant based on carbon emissions

Both opponents of coal use and the company that wants to build the plant said it was the first time a court decision had linked carbon dioxide to an air pollution permit.

And this happened in Georgia, a state one might normally think would not oppose coal. May many more states follow.

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Is your website is banned in China?

Test it here.

Tip: Podcasting News

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Per capita income falling in US

From John Robb

Given that we are moving into a period of extreme system shocks, this isn’t good news. There’s no income buffer to allow an easy transition to resilient communities. It’s looking it will end up being a bare bones bootstrap against a backdrop of rapidly expanding GG [Global Guerrilla] action.

This also means more populist movements and uprisings (both left wing and right wing), attempts to find scapegoats for the problems (immigrants), and the unsettling realization that - unless we act now and fast - our increasingly hollowed-out government will be unable to help much.

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Server problems

We are having server problems, hence posts keep disappearing then reappearing. We are in the process of moving to a new host. Sigh.

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What Obama will need to do

Dear President Obama:

You have inherited a mess. Your predecessor, fixated on emulating a former Republican icon from a far different economic era, chose to emphasize tax cuts for the rich and excessive consumption for all Americans. He promoted deregulation and free markets when, in fact, the markets and their institutions needed tough love. Over eight years, he failed to put forth a coherent energy policy. He needlessly invaded Iraq and lowered worldwide esteem for this nation as a symbol of freedom and benevolence.

But enough about W’s spilt milk. I’ve already ticked off so many readers that they’re questioning my Republican Party voter registration.

In the final analysis I wonder why you or anyone else would want to be President in 2009. But there’s the ego thing and a hope for a better tomorrow and all that. Come to think of it, “President Obama” does have a certain ring to it. When I listen to your speeches, you even have me half convinced!

All the best, and a fist bump to ya!
Bill Gross

He’s the managing director of PIMCO. They manage $800 billion in bonds. Read the whole letter, he clearly explains what Obama will need to do to get the country back on track. Tax the rich (including him), throw homeowners a lifeline, get some form of universal healthcare, and spend $500 billion now to pump up the economy, producing the world’s first trillion dollar deficit..

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Big Oil wants long-term Iraq oil contracts

Major oil companies are trying to get long term contracts, says this Al-Jazeera report, for a share of Iraq oil fields that were developed years ago. Thus, there is little risk for them. The Iraqi government apparently says such contracts are illegal. But if that’s true, then who are the oil companies signing with?

It’s an attempted oil grab to be sure, aided and abetted by corruption within the country. The Kurds apparently have signed multiple contracts with multiple countries. Do they overlap? Which ones are valid, if any? Most important perhaps is who gets to determine which contracts are valid.

Tip: Juan Cole

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