By Kevin Phillips
From America's most effective political analyst, an explosive exam of the axis of faith, politics, and borrowed funds that threatens to break the country In his most modern ny occasions bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips tested himself as a strong critic of the political and monetary forces which are ruling-and imperiling-the usa. Now, Phillips takes an uncompromising view of the political coalition, led through radical faith, that's riding the US to the edge of catastrophe. From historic Rome to the British Empire, Phillips demonstrates that each international- dominating energy has been introduced down by means of a similar set of factors: a deadly blend of worldwide over- succeed in, militant faith, source difficulties, and ballooning debt. it truly is this related axis of ills that has come to outline America's political and monetary id long ago decade. army miscalculations within the heart East, the surge of fundamentalist faith, the amazing nationwide debt, the prices of U.S. oil dependence-together those elements are undermining our nation's defense, solvency, and status on the earth. If left unchecked, an analogous forces will carry a debt- bloated, preachy, energy-starved the USA to its knees. With a watch at the prior and a searing imaginative and prescient of the long run, Phillips has written a e-book that no American can come up with the money for to disregard. compliment for Kevin Phillips and American Dynasty: "[Phillips] is a deep philosopher extraordinaire, who does a masterful task of connecting the army- business dots. . . . A searing indictment of the Bush Dynasty." -Douglas Brinkley, mom Jones "Devastating . . . an immense, troubling booklet that are meant to be learn in every single place with care, nowhere extra so than during this city." -Jonathan Yardley, The Washington submit booklet global
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Additional info for American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century
In mining regions it frequently replaced wood, which was becoming scarce and cost two to three times more. 5 million tons of coal each year, the great bulk of Europe's consumption. To one French visitor in the 1720s, coal was "the soul of English manufactures" for serving so many trades and domestic purposes elsewhere still fueled by wood. 19 The major innovations that made coal the grand enabler of industry were all British. Blacksmith Thomas Newcomen developed the first steam engine, installed in 1712 to pump water from a coal mine.
Gray hair is in this year," Larry Nation of the American Association of Petroleum Geologists told the Houston Chronicle in 2004. "There simply aren't younger geologists to take on the job. "6z The reasons given included distrust of oil and gas as a boom-bust business, belief that ir is an "old guys '" business and environmentally unsound, and unwillingness by families to relocate to obscure and sometimes dangerous places in the third world. However, Stephen Holditch, a former president of the Society of Petroleum Engineers, said these American views did not apply in Africa, Latin America, and Russia.
Of the top thirty, more than half had origins in petroleum, America's black gold. As for the millions of small stakeholdersthe oil-stained yeomanry of the Allegheny, Pecos, or Williston basins, and the mere part-timers making fifty or one hundred dollars per month from the output of a derrick or two-their contribution was to lobby hard in Cheyenne, Topeka, or Baton Rouge and pose for group photographs published in the inside pages of the Mid-Continent Gas and Oil Association monthly as evidence of grassroots commitment.
American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century by Kevin Phillips