Going Bankrupt: Why the Debt Crisis Is America's Greatest Threat

Some of the damage done can never be rectified. There are, however, some steps that this country urgently needs to take. These include reversing Bush's 2001 and 2003 tax cuts for the wealthy, beginning to liquidate our global empire of over 800 military bases, cutting from the defense budget all projects that bear no relationship to the national security of the United States, and ceasing to use the defense budget as a Keynesian jobs program. If we do these ... Full Story »

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Gary Clark
5.0
by Gary Clark - Oct. 1, 2008

One would be hard pressed to find a more succinct, documented analysis of the U.S. economic predicament. There is no assurance that this nation will be able to extract itself from the byzantine, interlocking businesses feeding on and creating war. Or perhaps not in time to avoid cataclysmic deconstruction. Human survival depends upon redirecting increasingly scarce resources toward building sustainable infrastructure to adapt to a post carbon, or post industrial, or whatever name sticks to the next "Age Of..."

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