Archive for June 2011
Post Carbon Institute June, 2011
Last weekend, the New York Times published a series of articles that — through leaks from EIA officials and natural gas industry insiders — corroborated the findings of our landmark report, Will Natural Gas Fuel America in the 21st Century?: Don’t believe the hype about plentiful U.S. natural gas supplies.
Of course, the controversy over natural gas is far from over, and PCI continues to provide energy realism and literacy to the debate. This week, PCI Fellow David Hughes published an analysis of two contradictory studies assessing the greenhouse gas emissions of shale gas vs. coal. The conclusion? Shale gas is worse for the climate over a 30-50 year timeframe.
From hot air to deflating (economic) balloons… We were blown away to receive nearly 600 orders in the span of 12 hours for Senior Fellow Richard Heinberg’s newest book, The End of Growth: Adapting to Our New Economic Reality. In the video above, Richard Heinberg, author of “The Party’s Over” and leading peak oil educator, talks about the future of our ‘growth’ society.
June 24, 2011 Naked Capitalism
Matt Stoller is a current fellow at the Roosevelt Institute. His Twitter feed is @matthewstoller.
More than a third of all states allow debtors “who can’t or won’t pay their debts” to be jailed. In 2010, according to the Wall Street Journal, judges have issued 5,000 such warrants. What is behind the increased pressure to incarcerate people with debts? Is it a desire to force debt payment? Or is it part of a new structure where incarceration is becoming increasingly the default tool to address any and all social problems?
Consider a different example that has nothing to do with debts. Earlier this year, a Pennsylvania judge was convicted of racketeering, of taking bribes from parties of interest in his cases. It was a fairly routine case of bribery, with one significant exception. The party making the payoffs was a builder and operator of youth prisons, and the judge was rewarding him by sending lots of kids to his prisons.
Welcome to the for-profit prison industry. It’s an industry that wants people in jail, because jail is their product. And they have shareholder expectations to meet.
Privatized prisons are marketed to international investors as “social infrastructure”, and they are part of a wave of privatization washing over the globe. Multi-billion dollar prison companies are upgraded by analysts with antiseptic words like “prospects for global prison growth”, and these companies have built a revolving door and patronage machine characteristic of any government contractor. Only, in this case, the business they are in is putting people into steel cages (or “filling beds” as they put it), and they don’t care how, why, or whether the people in those beds should be there. They don’t care if you’re in prison for smoking pot, stealing cars, or being in debt. They just want people in jail.
Here’s the 2010 10k of the Corrections Corporation of America (PDF), the largest operator of private prisons in the country. It’s a pretty simple business model – more prisoners, more money. Or, as the company writes, “Historically, we have been successful in substantially filling our inventory of available beds and the beds that we have constructed. Filling these available beds would provide substantial growth in revenues, cash flow, and earnings per share.”
By Justin Elliott Salon June 21, 2011
A prominent right-wing Islam expert believes the Jewish congressman “most likely” converted in secret » More
We must have an extreme mental health crisis if large numbers of people can swallow this kind of scam. And I fear such gullibility is not influenced by politics at all. Surely equal numbers on the Left consistently believe doing the same thing repeatedly (like re-electing Obama) will eventually have a different result. Reason has little impact on cherished fantasy. But people locked in fantasy-mode cannot long endure.
“The American Dream has run out of gas. The car has stopped. It no longer supplies the world with its images, its dreams, its fantasies. No more. It’s over. It supplies the world with its nightmares now”
– J. G. Ballard
by Paul Craig Roberts Foreign Policy Journal June 20, 2011
While we were not watching, conspiracy theory has undergone Orwellian redefinition.
A “conspiracy theory” no longer means an event explained by a conspiracy. Instead, it now means any explanation, or even a fact, that is out of step with the government’s explanation and that of its media pimps.
For example, online news broadcasts of Russia Today (RT) have been equated with conspiracy theories by the New York Times simply because RT reports news and opinions that the New York Times does not report and the US government does not endorse.
In other words, as truth becomes uncomfortable for government and its Ministry of Propaganda, truth is redefined as conspiracy theory, by which is meant an absurd and laughable explanation that we should ignore.
When piles of carefully researched books, released government documents, and testimony of eye witnesses made it clear that Oswald was not President John F. Kennedy’s assassin, the voluminous research, government documents, and verified testimony was dismissed as “conspiracy theory.”
In other words, the truth of the event was unacceptable to the authorities and to the Ministry of Propaganda that represents the interests of authorities.
The purest example of how Americans are shielded from truth is the media’s (including many Internet sites’) response to the large number of professionals who find the official explanation of September 11, 2001, inconsistent with everything they, as experts, know about physics, chemistry, structural engineering, architecture, fires, structural damage, the piloting of airplanes, the security procedures of the United States, NORAD’s capabilities, air traffic control, airport security, and other matters. These experts, numbering in the thousands, have been shouted down by know-nothings in the media who brand the experts as “conspiracy theorists.”
This despite the fact that the official explanation endorsed by the official media is the most extravagant conspiracy theory in human history.