This was the lead story about America in the Guardian. It is what people in the U.K. and, throughout the English speaking world, read about us. This is what we are becoming known for: Hungry children and old people, gun violence, religious fanaticism, corruption, the world's largest gulag, poor education, and inadequate healthcare. So much for the “shining city on the hill.”
Demand for Food Stamps Soars as Cuts Sink in and Shelves Empty
KAREN MCVEIGH – The Guardian (U.K.)
Another factor in the carbon to non-carbon transition trend, is the availability of petroleum. This is a determining factor. The probable result I think is the lowering in the price of oil. Ultimately though climate change will trump all other considerations, even profit.
North America to Drown in Oil as Mexico Ends Monopoly
JOE CARROLL and BRADLEY OLSON – Bloomberg
Here is more on the trend I have been telling you about concerning the reaction of centralized power utilities as they realize that the transition out of carbon-based energy is going to require a new economic model.
Utilities Feeling Rooftop Solar Heat Start Fighting Back
MARK CHEDIAK, CHRISTOPHER MARTIN and KEN WELLS – Bloomberg
Here is a particularly elegant and original Akido move by cities to hold the banks accountable. It will be fascinating to see how this plays out.
Miami and Los Angeles Sue Banking Giants Over the Sub-Prime Mortgage Debacle
MARIAH BLAKE – Mother Jones