Economy/Economics

Those Fracking Lies

Snake Oil: How Fracking’s False Promise of Plenty Imperils Our Future by Richard Heinberg (Post Carbon Institute, 2013) is about the economics of fracking. Also known as hydraulic fracturing, fracking refers to using pressurized water and chemicals to release oil or natural gas trapped in underground rock formations. Heinberg’s new book describes the behind-the-scenes role of Goldman Sachs and other investment banks in driving the present fracking boom.

Is the US or the World Coming to an End?

2014 is shaping up as a year of reckoning for the United States.
Two pressures are building on the US dollar. One pressure comes from the Federal Reserve’s declining ability to rig the price of gold as Western gold supplies shrivel and market knowledge of the Fed’s illegal price rigging spreads. The evidence of massive amounts of naked shorts being dumped into the paper gold futures market at times of day when trading is thin is unequivocal. It has become obvious that the price of gold is being rigged in the futures market in order to protect the dollar’s value from QE.

I Hate the Smell of Napalm (err, NPR) in the Morning

With fits and starts, it’s been difficult penning this most recent perspective for Dissident Voice. So many cascading, rotting, and broken systems tumbling down and splaying any sort of agency in the US of Amnesiacs. It’s a daily scab being slowly ripped up. The entire media morass, even the so-called lefties, it’s a schizoid world, indeed.