By Kevin Phillips
From America's most appropriate political analyst, an explosive exam of the axis of faith, politics, and borrowed cash that threatens to spoil the kingdom In his latest big apple occasions bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips confirmed himself as a strong critic of the political and monetary forces which are ruling-and imperiling-the usa. Now, Phillips takes an uncompromising view of the political coalition, led by means of radical faith, that's riding the USA to the edge of catastrophe. From historical Rome to the British Empire, Phillips demonstrates that each global- dominating energy has been introduced down by means of a comparable set of factors: a deadly blend of worldwide over- achieve, militant faith, source difficulties, and ballooning debt. it's this similar axis of ills that has come to outline America's political and fiscal id long ago decade. army miscalculations within the heart East, the surge of fundamentalist faith, the brilliant nationwide debt, the prices of U.S. oil dependence-together those elements are undermining our nation's defense, solvency, and status on the earth. If left unchecked, an analogous forces will carry a debt- bloated, preachy, energy-starved the USA to its knees. With an eye fixed at the earlier and a searing imaginative and prescient of the long run, Phillips has written a e-book that no American can manage to pay for to disregard. compliment for Kevin Phillips and American Dynasty: "[Phillips] is a deep philosopher extraordinaire, who does a masterful task of connecting the army- business dots. . . . A searing indictment of the Bush Dynasty." -Douglas Brinkley, mom Jones "Devastating . . . an enormous, troubling booklet that are supposed to be learn all over the place with care, nowhere extra so than during this city." -Jonathan Yardley, The Washington publish booklet global
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From America's optimal political analyst, an explosive exam of the axis of faith, politics, and borrowed cash that threatens to ruin the country In his most modern ny instances bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips demonstrated himself as a strong critic of the political and financial forces which are ruling-and imperiling-the usa.
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Additional info for American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century
Owned manufacturers are vulnerable to negative economic and energy changes. Should oil and gasoline prices further implode the us. domestic SUV and large~car market, imperiling domestic manufacrurers, ever more of the smaller cars Americans drive will be foreign made, worsening a US. global trade imbalance already inflamed by the surging cost of oil imports. S. global indebtedness. The 2006-2008 politics looks to be confrontational. Unless the Bush administration can submerge the problems facing US.
12 Meanwhile, population climbed. From fifth place nationally in 1930, the Lone Star State nearly doubled its head coUnt and had climbed to fourth by 1970 while northern states slipped. Notwithstanding local free-enterprise breast-beating, the federal spending that came Texas's way was an especially vital gravy train. So was oil's increasing centrality to the national economy. Between 1930 and 1946, the annual US. 4 billion barrels by 1971. 13 During this developmental spurt, petroleum became the feedstock for the production of paints, plasticS, pharmaceuticals, and textile fibers, and it furnished the gasoline for the automobile age and the suburbanization of America, with all of its housing developments, malls, and office buildings.
Whatever one calls the transformation, the Britain of 1900-1914 lagged, with a handful of explanations prevailing. As the inevitable consequence of "having gone first," late-nineteenth-century Britain had a huge investment in plants, equipment, and early techniques that were outdated a generation or two later. Trouble also lay with the prominence of family firms run by engineers, tinkerers, and craftsmen ill equipped to make the transition to economies of scale and mass marketing. 24 Critics also dwelt on how the estate-owning elite of the time looked askance at industry, science, and technology, favoring instead the sort of education that trained the next generation to read Greek and Latin and prepare for Parliament or the Indian Civil Service.
American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century by Kevin Phillips