You look at the steamboat, the railroad, the car, the airplane - not all of these were invented in the Anglo-American world, but they were popularized and extended by it. They were made possible by the financial architecture, the capital intensive operations invented and developed by the Anglo-Americans.
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This is the greatest society in all of human history, the greatest country ever. Many of the decisions being made in Washington today by both parties are threatening that greatness. And if we stay on this road we're on right now, our children are going to be the first Americans ever to inherit a diminished country.
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Viewed from a distance, or through the eye of the All-Knowing CEO of the Universe, the crash of 2008 followed the usual pattern. A long-lived boom driven by cheap credit, going back as far as 1982 (though subject to interruptions in the mid-1980s and 1990s, and in 2001), came to grief because of a rise in the cost of borrowing money.
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Some argue we should get coal, oil and gas out of the ground as quickly as possible, build more pipelines and make as much money as we can selling it here and abroad. Their priorities are the economy and meeting short-term energy needs so we can live the lives to which we've become accustomed.
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