By Kevin Phillips
From America's most desirable political analyst, an explosive exam of the axis of faith, politics, and borrowed funds that threatens to damage the kingdom In his most modern manhattan occasions bestselling books, American Dynasty and Wealth and Democracy, Kevin Phillips confirmed 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 USA to the edge of catastrophe. From historic Rome to the British Empire, Phillips demonstrates that each global- dominating strength has been introduced down through a comparable set of reasons: a deadly mix of worldwide over- succeed in, militant faith, source difficulties, and ballooning debt. it really is this related 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 fantastic nationwide debt, the prices of U.S. oil dependence-together those components are undermining our nation's protection, solvency, and status on this planet. If left unchecked, a similar forces will deliver a debt- bloated, preachy, energy-starved the USA to its knees. With a watch at the previous and a searing imaginative and prescient of the longer term, Phillips has written a booklet that no American can have enough money 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 major, troubling publication that are supposed to be learn far and wide with care, nowhere extra so than during this city." -Jonathan Yardley, The Washington publish 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
In 1919 Nixon's father, Frank, left his unsuccessful lemon grove and for several years worked as a roustabout for Union Oil. In 1921 Union struck the huge Santa Fe Springs find near the Nixon family homes in Yorba Linda and later Whittier. Before long, Santa Fe Springs and two other fields in the Los Angeles basin-Signal Hill and Huntington Beach-had again pushed California ahead of Texas. Booming Los Angeles became the world's biggest oil port, while related traffic through the Panama Canal boomed.
1, and the rest-by 2004 production there had fallen from 160 million barrels a year in 1936 to just 10 million. In Midland, the oil capital of the West Texas Permian Basin, the major companies began leaving the area in 2000, and some studies suggest that the local oil industry will be gone by the 2020s. S. oil industry is very old," Paul Holtherg, a senior researcher with the RAND Corporation, cautioned in 2002. "36 Back in 1956, Marion King Hubbert, an American geologist working for Shell, had brought out a set of calculations interrelating the dates of the major US.
Even so, the regional split-a typical Texas executive, for example, cast Republican ballots at the national level but supported local Democrats for Congress-would stick until the 1960s, when Richard Nixon, Eisenhower's vice president, sought to complete the transformation. He had narrowly lost Texas in his first presidential race in 1960 because of the home-state muscle of Lyndon Johnson as the vice-presidential nominee. Then he finished slightly short again in 1968, although winning nationally.