Thursday, January 31, 2008
Financial Times: "the financiers are frightened".
Peak Everything: Gideon Rachman in the FT, on "The global battle for food, oil and water":
...But while the bankers grapple with the top end of the process – the movement of billions of dollars around the world financial system – the political analysts are increasingly preoccupied by the way globalisation is affecting people at the bottom of the pile.
The costs of food and energy are rising fast. The availability of water is also becoming an issue, from Australia to Africa. The struggle for these three basic commodities – food, energy and water – came up repeatedly in Davos. [...]... Andrew Liveris, chairman of Dow Chemical told the Davos meeting that: “Water is ... the oil of the 21st century. ”
The food, energy and water problems all touch on each other. America’s pursuit of alternatives to oil has led to massive investment in biofuels made from maize. That in turn has cut the amount of maize being used for food production and so contributed to rising food prices. The production of biofuels is also very water-intensive. Meanwhile, increased demand for agricultural land to grow more food is leading to the clearing of forest in Brazil – which could worsen global warming – leading to further stress on the world’s water supplies.
The potential for political conflicts increases along with the rise in food, energy and water prices. [...]
The theme of this year’s World Economic Forum was meant to be “collaborative innovation”. It is difficult to think of anything less collaborative or innovative than a new era of resource wars.
Wednesday, January 30, 2008
Tuesday, January 29, 2008
BAIER: Is being president confining?
BUSH: Yeah I guess so, I knew what I was getting in to and so I’m not frustrated in that sense. I can remember telling people that “well, when I decided to run that if I want, I’d never be able to go buy Berkely Power Worms again on my own.” And by that I meant that you know there’s just a certain freedom of movement that you don’t have and so I tell people, “yeah, there’s a bubble but life’s pretty comfortable inside the bubble.”
BUSH: Yeah I guess so, I knew what I was getting in to and so I’m not frustrated in that sense. I can remember telling people that “well, when I decided to run that if I want, I’d never be able to go buy Berkely Power Worms again on my own.” And by that I meant that you know there’s just a certain freedom of movement that you don’t have and so I tell people, “yeah, there’s a bubble but life’s pretty comfortable inside the bubble.”
Monday, January 21, 2008
Friday, January 18, 2008
Tuesday, January 15, 2008
Monday, January 14, 2008
Sunday, January 13, 2008
Mr. Sepi did not like to venture outside too late. But, plagued by nightmares about an Iraqi civilian killed by his unit, he often needed alcohol to fall asleep. And so it was that night, when, seized by a gut feeling of lurking danger, he slid a trench coat over his slight frame — and tucked an assault rifle inside it.
“Matthew knew he shouldn’t be taking his AK-47 to the 7-Eleven,” Detective Laura Andersen said, “but he was scared to death in that neighborhood, he was military trained and, in his mind, he needed the weapon to protect himself.”
“Matthew knew he shouldn’t be taking his AK-47 to the 7-Eleven,” Detective Laura Andersen said, “but he was scared to death in that neighborhood, he was military trained and, in his mind, he needed the weapon to protect himself.”