By Kevin Phillips
From America's finest political analyst, an explosive exam of the axis of faith, politics, and borrowed cash that threatens to smash the state In his newest manhattan occasions bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips tested 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 through radical faith, that's riding the United States to the edge of catastrophe. From old Rome to the British Empire, Phillips demonstrates that each global- dominating energy has been introduced down via a similar set of reasons: a deadly mixture of world 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 monetary id long ago decade. army miscalculations within the heart East, the surge of fundamentalist faith, the fabulous nationwide debt, the prices of U.S. oil dependence-together those elements are undermining our nation's safety, solvency, and status on the planet. If left unchecked, a similar forces will convey a debt- bloated, preachy, energy-starved the USA to its knees. With a watch at the prior and a searing imaginative and prescient of the long run, Phillips has written a e-book 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 task of connecting the army- business dots. . . . A searing indictment of the Bush Dynasty." -Douglas Brinkley, mom Jones "Devastating . . . a tremendous, troubling publication that are meant to be learn all over the place with care, nowhere extra so than during this city." -Jonathan Yardley, The Washington publish booklet international
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Extra resources for American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century
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.
And National Power 29 automakers acquired bus manufacturers and lines, then promoted diesel buses to displace both intercity rail transportation and electric transit systems. GM also acquired railroad-engine manufacturers, converting their production from electric trains (the norm in 1935) to trains that by 1970 were almost wholly diesel run. 70 According to foes, while GM made some money from diesel buses and railroad engines, the larger purpose was to channel the public toward car purchases, where the firm's huge profits lay.
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? No sea but what is vexed by their fisheries.
American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century by Kevin Phillips