Energy

Earlier this year, we put millions of barrels of oil, billions of cubic feet of gas, and 1.5 million gallons of chemical dispersants into the Gulf of Mexico. Of those dispersants, designed for use on the surface, 800,000 gallons were sprayed directly into the oil gusher on the dark ocean floor, potentially multiplying the damage while keeping it out of sight. Already people are dying.

By Dave Lindorff

It would be easy to read too much into the few statewide races that
were decided last night, but I think it’s fair to say that the results
in New Jersey and Virginia, where Republican gubernatorial candidates
won--in New Jersey’s case knocking off a well-funded Democratic
incumbent--that the results were a blow to the Barack Obama/Rahm
Emanuel strategy of playing to the right, of avoiding confrontation in
Congress and of ignoring the progressive voters whose enthusiasm and
effort back in the 2008 campaign put Obama in office.

By Dave Lindorff

Just imagine for a moment that you are a retired contractor,
struggling to get by on your pathetically shriveled 401(k). when your
ne-er-do-well child suddenly comes to you saying he’s got this idea to
start buying derelict homes and rehabbing them for resale. He asks you
to stake him with a $100,000 loan (about half of what you’ve got left
in your retirement fund), promising to repay you when he sells his
first couple of houses. You know the kid’s flat busted and has been
laid off from his job as a dishwasher, so you want to help, but you’ve
also seen his carpentry skills: The doghouse he build in high school
fell apart on a windy day, and his own house has a leaking roof, needs
repainting, and all the plumbing leaks. You’ve also seen his business
skills: He plays the Lotto excessively, hasn’t saved a penny, and buys
most of his supplies at the local 7-Eleven.

7:10 p.m. ET on Thursday: Mindy Lubber from CERES is one of the speakers, formerly at EPA; also Brad Figel global director of govt. affairs for Nike formerly at Senate finance committee (holding up a "sustainable shoe" and supposedly wanting to push Congress to pass "meaningful" climate legislation this year); (Rep. John Dingell seems to be late).

7:15 Lubber wants to address global warming right away, says "financial leaders" want this, just like Greenpeace and that sort of group. Building a green economy, Lubber says, is answer to environment and economy. I agree with all of this, but there are no details on desirable legislation or citizen action. I doubt anyone in the room COULD POSSIBLY disagree with anything said, with the possible exception of the claim that a sneaker is sustainable.

7:20 Figel is selling more shoes: they now use a non-greenhouse gas for "air cushions" in shoes.

To recognize Earth Day 2009, President Obama returned to Iowa, the state where he broke out of the pack as a contender last year, to visit a wind turbine plant. Renewable energy is one of the economic pillars in his strategy to grow our nation out of the fiscal calamity the Bush administration left in its wake.

President Obama's remarks on the administration's plans to support expanded renewable energy development follow.

THE PRESIDENT: Thank you so much. Thank you, Rich, for the great introduction. Thank you very much. Please, everybody have a seat.

It is good to be back in Newton, and it's a privilege to be here at Trinity Structural Towers. I've got a couple of special thank yous that I want to make, because I've got a lot of old friends -- not old in years, but been friends for a long time now. First of all, your outstanding Governor, Chet Culver, please give him a big round of applause. (Applause.) His wonderful wife, Mari, I see over here. She's not on the card, but -- (applause.) My outstanding Secretary of Agriculture, who I plucked from Iowa, Tom Vilsack and his wonderful wife Christie Vilsack. (Applause.) We've got the Attorney General of Iowa, one of my co-chairs when I ran in the Iowa caucus and nobody could pronounce my name -- Tom Miller. (Applause.) My other co-chair, Mike Fitzgerald, Treasurer of Iowa. (Applause.) We got the Iowa Secretary of State, Mike Mauro. There he is. (Applause.) We've got your outstanding member of Congress who's working hard for Newton all the time, Leonard Boswell. (Applause.) And your own pride of Newton, Mayor Chaz Allen. (Applause.) There he is, back there. It's good to see you again, Chaz.

It is terrific to be here -- and by the way, I've got a whole bunch of folks here who were active in the campaign, and precinct captains. And I just want to thank all of them for showing up, and to all the great workers who are here at this plant -- thank you. (Applause.)

By Dave Lindorff

It may not be obvious today, and certainly it’s not how the corporate media reported it, but future historians are likely to look back at March 13, 2009 as the day that American imperialism began it’s inexorable decline. That’s the day that Chinese Premier Wen Jiabao announced that his country was “worried” about its holdings of over $1 trillion in US treasury securities, and warned that he wanted the US to assure China that it would maintain its good credit and “honor its promises” and “maintain the safety of China’s assets.”

By Dave Lindorff

Barack Obama’s first address to Congress provided Americans with
yet another example of competent speechmaking, and I suppose, given
that we’ve just endured eight painful years of oratorical farce, being
able to listen to your president without wincing is something.

The problem is that the way forward proposed by the president as
laid out in this address was almost always half-hearted, wrong-headed
or doomed.

Obama declared at the outset of his address that the economic
crisis was the major issue confronting the country, and while one could
argue that this crisis is merely a symptom of much bigger issues, like
the nearly completed deindustrialization of the nation, the death grip
of militarism, and the growing political power of corporations, one
could also concede that there is an urgent need to deal with the
deepening recession.

By Dave Lindorff

Now here’s a word you’re not hearing in America these days: anti-trust.

The country is being dragged down by monstrous businesses, all of
which, we’re told, are just “too big to fail.” As a consequence of
this, the nation’s taxpayers, and their progeny born and yet unborn,
are having trillions of dollars sucked away to prop up these giant
rotting corporate corpses.

Zombie banks, zombie automakers, zombie insurance companies, all bigger than nation states, and all on life-support.

There is a simple answer to this problem. Bust them up.