The “Business” of Central Banking—Usury and Tax Farming
The “Business” of Central Banking—Usury and Tax Farming Central banking is “a great business to be in, where you print money, and people believe it.” That’s what the head of New Zealand’s central bank said recently in an unscripted moment of candor. It led me to wonder about the nature of this strange “business.” Let […]
Only 57 producers are responsible for 80% of all fossil fuel and cement CO2 emissions since 2016 – new report
Only 57 producers are responsible for 80% of all fossil fuel and cement CO2 emissions since 2016 – new report Just 57 companies and nation states were responsible for generating 80% of the world’s CO₂ emissions from fossil fuels and cement over the last seven years, according to a new report released by the thinktank InfluenceMap. This finding […]
World’s biggest economies pumping billions into fossil fuels in poor nations
World’s biggest economies pumping billions into fossil fuels in poor nations G20 countries spent $142bn in three years to expand operations despite a G7 pledge to stop doing so, study finds The world’s biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars, despite […]
Large-scale factory farms have become the biggest source of water pollution in the U.S.
Large-scale factory farms have become the biggest source of water pollution in the U.S. The EPA can change that. Your hotdogs and burgers may be doing more than feeding friends at a barbeque. Large-scale factory farms and confined feedlot operations have become the biggest source of water pollution in the United States. The Environmental Protection Agency (EPA) announced plans to […]
Is nuclear energy the answer?
Is nuclear energy the answer? probably not Nuclear power is one of the most polarizing topics in any discussion of our energy future. As someone who appreciates the potential of nuclear energy, I am torn about its prospects. On one hand, nuclear energy offers an always-on, low-carbon alternative to fossil fuels. On the other, its […]
The CPI Rose Sharply in March Led by Shelter and Gasoline
The CPI Rose Sharply in March Led by Shelter and Gasoline The CPI rose 0.4 percent in March. Rent is up another 0.4 percent in March with gasoline up 1.7 percent. Together, the pair was about half of the total rise. CPI data from the BLS, chart by Mish Yet Another Groundhog Day for Rent […]
Biggest Corporate Welfare Scam of All Time
Biggest Corporate Welfare Scam of All Time President Joe Biden keeps lecturing corporate America to “pay your fair share” of taxes. It turns out he’s right that some companies really are getting away scot-free from paying taxes. But it isn’t Big Tech companies in Silicon Valley or the Wall Street financial company “fat cats” or […]
Staving Off Revolution
Staving Off Revolution If the leadership chooses happy-story PR and toothless reforms for show in the hopes it will all blow over, these subterfuges have the potential to push dissatisfaction beyond the point of control. Whatever else we might say or think about the leadership class, they tend to have a keen sense of self-preservation. The […]
How to Stop Worrying and Love the Bulldozer
How to Stop Worrying and Love the Bulldozer The mainstream environmental movement is unintentionally re-creating Dr. Strangelove, a cautionary tale about the perils of unexamined beliefs and one of the greatest films in cinematic history In Spring of last year, I was sitting on top of an excavator in Nevada as part of a protest […]
We’re Supposed To Be Done Finding New Oil and Gas. We’re Not.
We’re Supposed To Be Done Finding New Oil and Gas. We’re Not. Oil and gas reserves discovered and approved just since 2021 would add an entire year of China’s emissions to the atmosphere. That’s according to a new analysis from Carbon Brief, using Global Energy Monitor Data, and boy is it grim. A total of 14 billion tons […]
Post-Modernity
Post-Modernity As sketched in the previous post, I believe modernity to be an unsustainable flash that will not persist into future millennia. Uncomfortable with untethered speculation, I have said little about what might come after, but feel I owe something in this vein. Semantically, what follows the modern age must be the post-modern age, right? Except […]
Yale Study Unveils Asteroid Strikes As Possible Trigger for Earth’s Ice Ages
Yale Study Unveils Asteroid Strikes As Possible Trigger for Earth’s Ice Ages A Yale-led research team has proposed that large asteroid impacts could have abruptly triggered “Snowball” Earth periods, where the planet was encased in ice, resolving a long-standing debate about these dramatic climate shifts. Their study, using sophisticated climate models, suggests that under certain […]
IMF Prepares Financial Revolution – Say GOODBYE to the Dollar
IMF Prepares Financial Revolution – Say GOODBYE to the Dollar Global reserve currency status allows for amazing latitude in terms of monetary policy. The Treasury Department understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The petrodollar monopoly made the U.S. dollar essential for trading oil globally […]
Iran Blames UN Security Council ‘Inaction’ For What Comes Next
Iran Blames UN Security Council ‘Inaction’ For What Comes Next We previously reported that Iran now considers Israel’s embassies and diplomatic sites abroad as essentially fair game in the wake of Israel’s April 1st airstrikes on Iran’s embassy in Damascus, which killed two high-ranking IRGC generals and at least five others. An analyst from the Middle East Institute, […]
Biden’s Inflation Narrative Dies as Price Growth Rises to a Seven-Month High
Biden’s Inflation Narrative Dies as Price Growth Rises to a Seven-Month High “…we can expect the administration and the regime in general to continue gaslighting the public and claiming that greedy capitalists cause inflation.” According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in March rose to a seven-month high, and price inflation […]
