United States

Obama – The Harbinger Of A New Era For Politics In America?: Jeffrey Sachs

At his second inaugural address on January 21, U.S. President Barack Obama promised more progressive politics for America – shifting away from the Reagan-era policies, led by corporate special interests, over the last three decades. And while it is too early to declare the start of a progressive new era for American politics, more government activism may help to address America’s – and the world’s – most urgent challenges, including building the infrastructure for a sustainable future.

America’s Real Freedoms: by Jeffrey D. Sachs

America has now suffered around 30 shooting massacres over the past 30 years, including this year’s deadly dozen; each a gut-wrenching tragedy for many families. Today, America’s real freedoms depend on sane public policy and the bloodbath in Newtown is the latest reminder that it is time to stop feeding the US’ gun frenzy. 

How China Beats The US At Energy Leveraging: Gail Tverberg

Countries like China and India, which leverage their oil use to a greater extent with more coal use are less affected by a rise in oil prices. This is another reason why jobs are moving to China and India, and away from the US.

If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources.  From an employer’s point of view, there are basically three kinds of energy, from most to least expensive:

1. Human energy

2. Petroleum energy

3. Everything else

A Powerless America?

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran's eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and know-how.

Forget about cyber warfare and highly organized terrorist attacks, a lack of basic physical security on the US power grid means that anyone with a gun – like disgruntled Michigan Militia types, for instance – could do serious damage.

Bernanke’s Great Deception: Is The Federal Reserve Waging A War On Savers & Pensioners?

The Federal Reserve’s strategy of holding interest rates near zero to spur the economy has had its share of critics – especially since it caused a massive transfer of wealth from savers to spenders, while many middle class pensioners, who were relying on fixed interest returns, have been forced out of "safe" investments and into riskier investments. Yet, Fed Chairman Ben Bernanke is now attempting to redefine what we mean by “savings”, so as to continue dishing out ultra-low interest rates, while savers are made to suffer. 

Obama Battles to Become First $1 billion President

President Obama’s fundraising campaign is set to raise US$1 billion and that does not even include the massive ads funded by the Super PACS. Meanwhile, in Washington, the billions spend on lobbying rises ever year. The result is a conservative political system stifled by the influence of big business elites.