I thought oil was supposed to be fungible, so I was curious as to why a barrel of Brent could be selling in the low $100s while WTI was around $85/barrel. That sixteen dollar spread is some sort of record.
The protest movement in Egypt has suddenly alerted many Westerners to the existence of the Muslim Brotherhood, a newish group who did not emerge in Egypt until almost the end of the Coolidge Administration. Furthermore, this fast-breaking development has alerted Western pundits, bloggers, and politicians to the urgent need to say something about the Muslim Brotherhood.
There's an old chestnut that says that two democracies have never gone to war. It's not quite true, or only true if you aggressively redefine "democracy" until you've fallen into the "no-true-Scotsman" fallacy. ("No true democracy ever goes to war with another ...." ) But it is an instructive half-truth: functional democracies very rarely go to war with one another.
Having watched events unfold in Egypt this past week, I must say I am impressed by the bravery and strength of will shown by the Egyptian people. They are standing tall against a dictatorial regime, and that is to be applauded.
My wife and I noticed several months ago that the food we chose to buy was getting much more expensive. I was probably more inspired by Michael Pollan and she by Mehmet Oz, but years ago we agreed that we would cut out the hydrogenated stuff and the high fructose stuff and the high sodium stuff.
Doomer James Kunstler is telling us, Gird Your Loins for Lower Living Standards. He says something like that every year right about now, so it must be time to put the Xmas tree back in the box. Still, he is entertaining.
I agree that hearing Julian Assange's lawyers outrage that leaked information pertaining to the rape charges against him should have never been made public is funny. I also agree with David Seaton that politics is politics and that anything that makes Assange look like a hypocrite is bad news for him. In the game he's playing image is important. You can't be for the release of all secrets except for your own. All absolutists find their petards hoisted sooner
One of my fondest memories was showing Fahrenheit 451 to my stepson. After Guy Montag finds the community of living books at the end (of the film), my stepson proclaimed them heroes with the sort of ardor most kids reserve for famous athletes. He's a librarian now.
The Post Carbon Institute posts this series of videos of a talk by Richard Douthwaite, co-founder of Feasta, an Irish think tank concerned with sustainable economics. He was speaking by phone and video to a group in Michigan, about a month before last year's Copenhagen Summit climate talks, so it is like watching Max Headroom do a slide show. The first four videos are about the problem, the last two are Feasta's proposal for a cap and share system and debt-free currency to keep the poorer folk going.
Secretary of Agriculture Tom Vilsack's inaction has led to the near-destruction of American family ranchers. Over 17,000 family ranches will disappear this year. Over 100,000 family ranchers have left the profession since 2009.
Is it time for everyone who is not a Republican to start screaming and running through the streets carrying torches so we can root out, and do serious harm to, any and all Republican politicians and GOP appointees? I say, Yes it is. In fact, it is way past time.
If “Fighting Bob” were alive today, he’d be howling in the Capitol. A hundred years before the Tea Parties, Senator Bob La Follette of Wisconsin was the original Republican insurgent. In the early 1900s, he led a grassroots revolt against the GOP establishment and pioneered the ferocious tactics that the Tea Parties use today—long-shot primary challenges, sensational filibusters, uncompromising ideology, and populist rhetoric. But there was a crucial difference between La Follette and today’s right-wing insurgents: “Fighting Bob” was a founding father of the progressive movement.
Read an excerpt from my new book, Unreasonable Men, at the Atlantic