Doug Henwood interview

From The Activist

Brooklyn-based Doug Henwood has been among the few articulate voices on what Perry Anderson likes to call “the vanquished left.” Doug has been publishing an irreplaceable newsletter, Left Business Observer, which examines politics and economics with a scientific rigor and without the moral exhortations or hyperbolic spasms of his contemporaries, since [...]

Climate change skeptics and proponents can work towards common goals

From my current article on CAIVN

Climate change proponents want renewable energy and lots of it. Climate change opponents often want freedom from having to import oil and being dependent on other countries for fuel and energy. Those goals are not incompatible. In fact, they are quite similar. In both cases, renewable energy and clean [...]

The Money and the Power. The Making of Las Vegas and Its Hold on America

I’m reading The Money and the Power, a history of Vegas. The corruption and influence of organized crime is much worse than I thought. Business, crime, and government intermesh. And not just in Vegas either.

JFK as a senator in ’57 went to Cuba casinos and asked Meyer Lansky to get him women. As [...]

Seoul turns freeway back into a river with park

It had been a stream for hundreds of years, then was buried under a freeway for three decades. Seoul tore down the freeway and returned it to being a stream again.

Memo to Greece: Declare war on Goldman Sachs

New Deal 2.0, “a project of the Franklin and Eleanor Roosevelt Institute” opines the best way for Europe and Greece to deal with Goldman Sachs is by declaring war on them. Literally. Emphasis added.

Declare war on Goldman Sachs and other global financial firms that created this mess. Send the troops, the planes, the [...]

Bloom Box

Massive spectacular hype surrounds the upcoming official announcement of the Bloom Box on Wednesday. This is what we know. It creates electricity via fuel cells, can easily fit in a backyard or basement, and will take biofuel, methane, or natural gas as a fuel source. It’s a real product, not vaporware. Google, Fedex, eBay, WalMart [...]

Citibank reserves right to put 7 day hold on withdrawals

They say it only applies in Texas but, oopsie, the announcement went out on all their statements nationwide.

A recent SEC proclamation does the same for money market accounts.

Restricting demand deposits in a way that makes it unclear when people will have access to their funds – especially since they need daily access [...]

Smart grids

The U.S. electricity grid today resembles the roads and highways of the mid-twentieth century before the interstate highway system was built. What is needed today is the electricity equivalent of the interstate highway system.

The inability to move low-cost electricity to consumers because of congestion on transmission lines brings with it costs similar to [...]

Vision of a dark future. Shooter Jennings and Hierophant. Black Ribbons.

Wake Up, the lead track.

Shooter Jennings, son of Waylon, is releasing Black Ribbons on March 2. It’s an ambitious concept album dealing with the economic collapse and possible coming dark times. In it, a late night talk show host, Will O’ The Wisp (played by author Stephen King), stays on the air [...]

Pentagon: Jet fuel from algae soon to be cost-competitive

In stunning news, DARPA says their cost per gallon for jet fuel from alage is “headed towards $1 a gallon.” Wow.

The US Air Force wants its entire fleet of jet fighters and transport aircraft to test-fly a 50-50 blend of petroleum-based fuel and other sources – including algae – by next year.

What’s [...]