By Kevin Phillips
From America's top-rated political analyst, an explosive exam of the axis of faith, politics, and borrowed funds that threatens to smash the state In his newest long island occasions bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips validated himself as a strong critic of the political and fiscal forces which are ruling-and imperiling-the usa. Now, Phillips takes an uncompromising view of the political coalition, led through radical faith, that's using the United States to the threshold of catastrophe. From historic Rome to the British Empire, Phillips demonstrates that each global- dominating energy has been introduced down via a similar set of motives: a deadly mixture of worldwide over- achieve, militant faith, source difficulties, and ballooning debt. it's this comparable axis of ills that has come to outline America's political and fiscal id long ago decade. army miscalculations within the center East, the surge of fundamentalist faith, the impressive nationwide debt, the prices of U.S. oil dependence-together those components are undermining our nation's safeguard, solvency, and status on the earth. If left unchecked, an analogous forces will deliver a debt- bloated, preachy, energy-starved the US to its knees. With a watch at the prior and a searing imaginative and prescient of the long run, Phillips has written a booklet that no American can have the funds for to disregard. compliment for Kevin Phillips and American Dynasty: "[Phillips] is a deep philosopher extraordinaire, who does a masterful activity of connecting the army- business dots. . . . A searing indictment of the Bush Dynasty." -Douglas Brinkley, mom Jones "Devastating . . . a big, troubling booklet that are meant to be learn in every single place with care, nowhere extra so than during this city." -Jonathan Yardley, The Washington submit ebook global
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Extra info for American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century
Of the top thirty, more than half had origins in petroleum, America's black gold. As for the millions of small stakeholdersthe oil-stained yeomanry of the Allegheny, Pecos, or Williston basins, and the mere part-timers making fifty or one hundred dollars per month from the output of a derrick or two-their contribution was to lobby hard in Cheyenne, Topeka, or Baton Rouge and pose for group photographs published in the inside pages of the Mid-Continent Gas and Oil Association monthly as evidence of grassroots commitment.
Even in the centennial year of 1876, the United States took twice as much energy from firewood as from coal. S. energy in 1910, when oil was already beginning its rapid military and industrial ascent. Unfashionable and dangerous to mine, coal put its industrial-era stamp on only a few regions, principally Appalachia and kindred southern portions of Ohio, Indiana, and Illinois. Oil. with its romance and overnight opportunity, caught the American fancy from the start. So aVidly did New Englanders pursue whales for their prized oil that in 1775 the British statesman Edmund Burke saluted their pluck on the floor of Parliament: '~d pray, sir, what in the world is equal to it?
Oliver Hazard Payne, a wealthy Cleveland refiner and early ally of John D. Rockefeller, rose during the 18705 to become treasurer of Standard Oil, supervising the Ohio-based company's financial liaisons with federal and state politicians. This was an era infamous for the easy equation of money and power. In 1884 Payne is said to have handed out enough to convince the Democratic Ohio legislature to send his father, Congressman Harry Payne, rather than some other party stalwart, to the us. Senate.
American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century by Kevin Phillips