(4 comments) SHARE Friday, December 11, 2009 An Empire at Risk
Economic historian Niall Ferguson, writing for Newsweek, believes that the United States may be entering an unprecedented period in its history. After successfully surviving the best that the 20th century had to throw at it, it may be undone from within by its own largesse and mismanagement.
SHARE Thursday, November 12, 2009 America's Nuclear Ambition
Nuclear energy isn't the only option, and it is certainly not the least expensive; but embracing a nuclear future may be inevitable and necessary.
SHARE Thursday, August 20, 2009 The Unavoidable Deficit
The political right in this country has been quick to jump on the Obama administration for creating what it sees as irresponsible debt obligations. What they are quick, and indeed happy, to ignore is the incredible strain put on this economy during the past eight years.
(1 comments) SHARE Saturday, August 15, 2009 Paying for National Health Care
How will the United States pay for a system built to serve the world's third largest workforce? M. Brian O'Shaughnessy, writing for The Buffalo News recommends instituting a border adjustment tax on imported goods, and using the revenue it generates to fund the national health care system.
SHARE Friday, August 14, 2009 The Rise of the Electric Car
On Tuesday General Motors issued an official release updating specs for the much anticipated Chevrolet Volt. One figure jumped off the page; average fuel-economy for city driving would be an EPA-estimated 230 miles per gallon.
SHARE Thursday, August 13, 2009 America's Smart Grid
Energy Secretary Steven Chu has said for several months that his department would focus much of its attention on refurbishing, and at times rebuilding, the outmoded American electrical system. This is necessary in order to guarantee energy security and to incorporate new technologies such as wind and solar energy.
(6 comments) SHARE Sunday, August 2, 2009 Oil on the Rise
This country cannot continue living off of oil as its primary energy resource.
SHARE Monday, July 20, 2009 Shanghaied by Chinese
On July 5, four employees of Australia's Rio Tinto Group were arrested and taken into state custody by the Chinese Ministry of State Security. If the charges prove to be false, then the arrests become little more than kidnapping and ransom.
SHARE Thursday, July 9, 2009 FEARS OF A SECOND RECESSION
According to British Prime Minister Gordon Brown, the global economy still faces the real prospect of falling even deeper into recession. Patrick Wintour, political editor for The Guardian, said in a recent piece that the Prime Minister intends to address his concerns before the latest G8 summit scheduled in Italy July 8-10.
(2 comments) SHARE Wednesday, June 10, 2009 Unemployment Skyrocketing Again-
The growth of unemployment had been slowing moderately over the past two months but it took a turn for the worse in May despite conflicting reports from major media outlets.
During Dongfan "Greg" Chung's three decades as an innovative engineer for Boeing and Rockwell, federal prosecutors say he was also a hardworking spy.
(1 comments) SHARE Wednesday, May 20, 2009 Made in the USA? The Truth Behind the Labels
ConsumerReports.org put together a piece for AOL.com describing the marketing gimmicks and loopholes which allow some companies to claim that their product is "Made in USA" when it really originated overseas.
(1 comments) SHARE Tuesday, April 28, 2009 The End of American Exceptionalism
America's economy has developed the profile of an oligarchic third world country. If the United States were any other country, the ridiculous and obvious corruption of our political and financial system would be cause for scorn.
(2 comments) SHARE Wednesday, April 22, 2009 America is Victimizing its Own Independence
We talk about helping and encouraging global development, but if that development comes at the loss of America's hard-earned prosperity then no one is really better off.
(3 comments) SHARE Wednesday, April 15, 2009 The Forgotten Debt
No country in the world carries a deficit like the United States no five countries combined carry a deficit like the U.S.
(4 comments) SHARE Saturday, March 28, 2009 The Need for Clean Energy
The United States needs to follow the lead of Japan and Europe and to some extent China and put its money into an investment for our future. We have already gotten the ball rolling, now is time to put the full force of our nation behind the cause.
(6 comments) SHARE Saturday, March 21, 2009 America Now Extremely Vulnerable to Financial Warfare
The United States is so heavily financed by foreign creditors that a number of nations hold so-called "debt bombs" with the potential to cripple the American economy. China, Japan, the UK and others hold hundreds of billions of dollars in U.S. Treasury bonds. If they were ever to release these into the international market en masse it would undercut the American dollar and create conditions for a rush out of our market.
SHARE Friday, March 13, 2009 Same Crisis, Different Approach
The economic meltdown, which dismantled much of the American financial system, spread to Europe via the intricate ties of multinational corporations across the Atlantic. The financial crisis in Europe is similar to that experienced in the United States the overall economic crisis however is much different but the way the two parties are dealing with their problems are very different.