Greek Financial Debacle is a Crisis of Soulless Economics

ROBERT C. KOEHLER – Austerity, the brutal tool of neoliberal capitalism, stands up to Greek democracy and stares it down. Oh well. We’re remarkably comfortable with soulless economics. Pope Francis, speaking this week in Paraguay, cried to the nations of Planet Earth: “I ask them not to yield to an economic model … which needs to sacrifice human lives on the altar of money and profit.”

New Oil Drilling Threatens New Disasters

MEL GURTOV – On January 17 the New York Times reported that, to appease environmentalists, the Obama administration would “ban drilling in portions of the Arctic Ocean’s Beaufort and Chukchi Seas.” But in return, Republicans and the oil and gas industry got federal approval to drill in a large swath of the Atlantic Ocean, a move that I believe risks another BP-type disaster.

Pope Francis is Taking on Climate Change

ETHICAL MARKETS – The encyclical from Pope Francis [the week of June 1, 2015] marks yet another significant milestone in our planet’s march toward a global climate change agreement in Paris this December. The fact that the leader to more than 1 billion Catholics—roughly 14 percent of the world’s population—is urging action on climate change is undeniable evidence of growing support for an agreement that even global warming naysayers cannot refute.

If U.S. Military Spending Returned to 2001 Level

DAVID SWANSON – The House of Representatives has headed out of town to memorialize wars without managing to achieve agreement with the Senate on reauthorizing some of the most abusive “temporary” measures of the PATRIOT Act. Three cheers for Congressional vacations! What if not just our civil liberties but our budget got a little bit of 2001 back?