Matt Simmons, oracle of oil, on CNBC last Friday, July 12, 2008, in the midst of the banking melt down.

The most interesting thing in this video is not what Simmons says, though he is more alarmed than usual, but rather how stunned the MSNBC crew appear to be. Most alarming though is the in-house [...]

Everyone has seen on film or TV, and a few have personally experienced the following: an emergency begins – a fire, an air raid, a ship collision. For a while there is confusion, and people mill around, not sure what is happening. Then, a voice comes over a PA system: “THIS [...]

He is, quite simply, one of the most provocative American thinkers and writers alive today. He is James Howard Kunstler, author most recently of the novel, World Made by Hand.
In recent years, Mr. Kunstler has become best known for making the case that “peak oil” is here, now, the moment when we begin the [...]

Last September (2007) I had occasion to keynote the annual Housing Conference in Washington State. In that speech I suggested to a skeptical audience of housing, building, and real estate officials that the debt problem then appearing was deeper and more structural than currently accepted. The economic indicators, stock market performance, and general [...]