[MCN] NYTimes: Increasing risk of wildfire is real
lance at wildrockies.org
Thu Apr 14 09:36:47 EDT 2016
1st 4 paragraphs: The first Alaska wildfire of
2016 broke out in late February, followed by a
second there just eight days later.
New Mexico has had 140 fires this year, double
the number in the same period last year, fueled
by one of the warmest, driest winters on record.
And on the border of Arizona and California this
month, helicopters dumped water on flames so
intense that they jumped the Colorado River,
forcing the evacuation of two recreational
Fires, once largely confined to a single season,
have become a continual threat in some places,
burning earlier and later in the year, in the
United States and abroad. They have ignited in
the West during the winter and well into the
fall, have arrived earlier than ever in Canada
and have burned without interruption in Australia
for almost 12 months.
"A new area of study is the field that some of us
are beginning to call social traps. The term
refers to situations in society that contain
traps formally like a fish trap, where men or
whole societies get themselves started in some
direction or some set of relationships that later
prove to be unpleasant or lethal and that they
see no easy way to back out of or to avoid."
John Platt. Social Traps. American Psychologist, August 1973
"Controlled capitalism had been a truly
colossal success. From the end of the Second
World War until the mid-1970s the American and
European economies were uplifted by many years of
rapid growth, bringing affluence from the
relatively few to almost all."
"In the late 1970s the tendency to control capitalism was abruptly reversed."
" the most striking feature of our
turbo-capitalist times, the hollowing-out of
democratic governance over the economy."
Edward Luttwak, Turbo-Capitalism.
1998 in Great Britain by Weidenfeld & Nicolson.
1999 in the U.S. by Harper Collins.
James Grant. Money of the Mind : Borrowing and
Lending in America from the Civil War to Michael
Milken. Farrar Straus Giroux. 1992.
From the introduction, p.5.
"Real estate speculation must be as old as the
land - in the United States, it is certainly as
old as the frontier - and the first bad bank loan
was no doubt made around the time of the opening
of the first bank."
"Still, the boom of the 1980s was unique. Not
only did creditors lend more freely than they had
in the past, but the government intervened more
actively than it had ever done before to absorb
the inevitable losses."
From the Afterword: The End of the Line:
"In the early 1990s a number of long-running
trends were apparently cresting . Tommy
Mullaney, eleven, of Crownsville, Maryland,
returned home from camp in the summer of 1990 to
find his name inscribed on a MasterCard complete
with a $5,000 credit line. 'I jumped up and down
and said Wow - the hologram was cool,' Tommy told
the Washington Post. 'But it sure made me wonder
who was running that bank'."
"Proponents of the loan push notion suggest that
the banks have victimized themselves by their
absurd lending decisions .... From this
perspective, bankers as loan pushers become
active door to door salesmen (albeit in pin
William Darity and Bobbie Horn. The Loan Pushers:
The role of commercial banks in the international
debt crisis. 1988. Ballinger Publishing Company,
a subsidiary of Harper & Row.
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