Right now, according to a number of studies, we are losing about $100 billion every year because corporate America and the very wealthy are stashing their money in tax havens like the Cayman Islands and Bermuda. We should be aware that in 2009, ExxonMobil made $19 billion in profits and not only did the company not pay anything in taxes, it got a $106 million refund from the IRS. We should also be aware that since 1997, we have almost tripled funding for the military. So if we are serious about reducing the deficit, those are things we need to look at-not at Social Security, not programs everyday Americans need.
The truth is that the United States has been behind the curve not only in Tunisia and Egypt for the last few weeks, but in the entire Middle East for decades. We supported corrupt autocrats as long as they kept oil flowing and weren't too aggressive toward Israel. Even in the last month, we sometimes seemed as out of touch with the region's youth as a Ben Ali or a Mubarak. Recognizing that crafting foreign policy is 1,000 times harder than it looks, let me suggest four lessons to draw from our mistakes:
Assuming philosophy should be relevant to the way we choose to live our lives, three questions guide this paper. What are some moral foundations for revolution? Do you realize what is happening? Are you willing to do anything about it?
For thirty years, now, Republicans have been yammering about small government, deficits, the glories of the free market, and the incompetence and wastefulness of government.
It's all been a big lie, part of a well funded and cleverly executed coup d'etat, designed to enable the ultra rich and corporations to literally take power out of the hands of government and money out of the pockets of individual citizens.
Organized religion will all but vanish eventually from nine Western-style democracies, a team of mathematicians predict in a new paper based on census data stretching back 100 years.
Greenhouse gas emissions increased by a record amount last year, to the highest carbon output in history, putting hopes of holding global warming to safe levels all but out of reach, according to unpublished estimates from the International Energy Agency.
An online call for a European Revolution was heeded en masse today as over 100 cities throughout the continent witnessed tens (if not hundreds) of thousands 'indignants' mobilizing to demand real democracy now.
In his thoughtful criticism of my essay on the future of fossil fuels and the poor prospects for renewable energy, Andrew Leonard characterizes my message as one that "we have nothing to worry about." This may be partly the fault of my presentation, because in the course of being provocative I did not make it sufficiently clear that I was engaged in analysis, not advocacy. I made the prediction that, even in the presence of global warming, the countries of the world are unlikely to allow the vast stores of fossil fuels in the earth's crust to lie there undisturbed, when technology is making many of them ever more accessible and cheaper than the renewable energy alternatives. For the record, I personally wish that greenhouse gas emissions would stop immediately, and I personally would prefer a world of harmonious international cooperation for all time. Neither of my personal preferences is going to be fulfilled and neither affects the accuracy of my analysis.
The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe's single currency is coming apart at the seams. How did it all go so wrong?