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Are We Going to Become Allies With Al Qaeda?

There’s so much to worry about in the world these days, if you get all your news from the U.S. mass media. New dangers pile on top of old ones all the time. Who knows what we’ll have to worry about next? Then there’s that most fearsome of old threats, …

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Double Your Trouble With Nuclear Power

Industry leaders will have no problem closing nuclear reactors that don’t generate expected profits. Exelon, the Chicago-based company that owns 17 of the 104 U.S. reactors, recently saw its stock price drop below $30 a share, the same level as mid-2003, and a whopping 70% below its peak of over …

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The Petraeus Saga: Epitaph for a Four Star

When Major General David H. Petraeus, commander of the 101st Airborne Division met Lieutenant General William Wallace, commander of the U.S. Army’s V Corps on 27 March 2003 at a site near Najaf, only five days after American forces began the attack to Baghdad Petraeus and Wallace were deeply pessimistic. They concluded, “The …

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The Worst Economic Numbers In More Than A Year

With everything else that is going on in the world, a lot of people have failed to notice that we are seeing some of the worst economic numbers that we have seen in more than a year.  For example, it was announced on Thursday that initial claims for unemployment benefits …

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Walden Bello — America’s Dismal Choice

With speculation now centered on how Superstorm Sandy’s impact may affect the U.S. election result, the final presidential debate, which focused on foreign policy, might seem like a distant event to American voters. But for the rest of the world, this was an event that mattered As many pundits have noted, …

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The New “Golden Age of Oil” That Wasn’t

Last winter, fossil-fuel enthusiasts began trumpeting the dawn of a new “golden age of oil” that would kick-start the American economy, generate millions of new jobs, and free this country from its dependence on imported petroleum.  Ed Morse, head commodities analyst at Citibank, was typical.  In the Wall Street Journal he crowed, “The …