* There's only one way out of the financial mess: spend, spend, spend. Democratic lawmakers are said to be already on this, with a special December session planned following the likely Obama victory next month. The bill is likely to focus around infrastructure, and that's good, but it needs to be green infrastructure—as I wrote last week, a "green recovery" is our best bet to fix both the economic and environmental crises in one go.
* The food crisis is reaching cataclysmic proportions in the Caribbean, with Cuba limiting sales and poverty-stricken Haitians forced to literally eat dirt to survive. Michael Pollan argues in the Times that food will be a central issue for the next administration despite its receiving almost no attention in the campaign.
* The situation in Iceland continues to astound. Britain has declared Iceland a terror-sponsoring state (seriously) as a pretext for seizing control of Icelandic assets within the U.K., while there's some talk that Russia may bail them out, presumably in exchange for Arctic access. I hope Matt's right and Canada eats Iceland before things get too crazy.
* But don't lose your heads—Stephen Hawking assures us that if we manage to survive the next 200 years, we'll be just fine.
Monday, October 13, 2008
Posted by Gerry Canavan at 9:31 AM