After America: Get Ready for Armageddon (54 page)

89.

Clyde Wayne Crews, “Ten Thousand Commandments: An Annual Snapshot of the Regulatory State,” Competitive Enterprise Institute report, June 28, 2006; available online at http://cei.org/studies-issue-analysis/ten-thousand-commandments-annual-snapshot-regulatory-state.

90.

Joel Salatin,
Everything I Want To Do Is Illegal: War Stories From the Local Food
Front
, Polyface, 2007; available online at http://acresusa.com/books/closeup.asp

?prodid=1601&catid=13&pcid=2.

91.

Interview during a Tea Party in Chicago, Illinois, April 15, 2009; available online at http://newsbusters.org/blogs/julia-seymour/2009/04/15/cnn-correspondent-claims-tea-parties-anti-government-anti-cnn.

92.

Kris Maher, “Pennsylvania Pie Fight: State Cracks Down on Baked Goods,”
Wall
Street Journal
, April 10, 2009; available online at http://online.wsj.com/article/

SB123932034907406927.html.

93.

Helen Jung, “Portland lemonade stand runs into health inspectors, needs $120

license to operate,”
The Oregonian
, August 4, 2010; available online at http://

368

after america

www.oregonlive.com/portland/index.ssf/2010/08/portland_lemonade_stand_

runs_i.html.

94.

State of the Union address in Washington, D.C., January 23, 1996; available online at http://clinton2.nara.gov/WH/New/other/sotu.html.

95.

Mark Storer, “County pulls plug on free coffee, doughnuts at Camarillo store,”

Ventura County Star
, February 24, 2010; available online at http://www.vcstar.

com/news/2010/feb/24/county-pulls-plug-on-free-coffee-doughnuts-at/?print=1.

96.

Bureau of Economic Analysis, Gross-Domestic-Product-by-Industry Accounts, 1947-2010, “Value Added by Industry as a Percentage of Gross Domestic Product,” (Historical table); available online at http://www.bea.gov.

97.

David Streitfeld, “Housing Fades as a Means to Build Wealth, Analysts Say,”

(alternate headline online)
New York Times
, August 22, 2010; available online at http://www.nytimes.com/2010/08/23/business/economy/23decline.html.

98.

Ibid.

99.

David P. Goldman, “Demographics & Depression,”
First Things
, May 2009; available online at http://www.firstthings.com/article/2009/05/demographics--

depression-1243457089.

100. David Streitfeld, “Housing Fades as a Means to Build Wealth, Analysts Say,”
New
York Times
.

101. Simon Johnson, “The Quiet Coup,” the
Atlantic Monthly
, May, 2009; available online at http://www.theatlantic.com/magazine/archive/2009/05/the-quiet-coup/7364/.

102. Office of the Comptroller of the Currency, “OCC’s Quarterly Report on Bank Trading and Derivatives Activities Fourth Quarter 2010,” 2011; available online at http://www.occ.treas.gov/topics/capital-markets/financial-markets/trading/

derivatives/dq410.pdf.

103. “Taleb’s ‘Black Swan’ Investors Post Gains as Markets Take Dive,”
Bloomberg News
, October 14, 2008; available online at http://marketpipeline.blogspot.

com/2008/10/talebs-black-swan-investors-post-gains.html.

104. Jay Currie, “2008 Adieu,” JayCurrie.info-syn.com, December 31, 2008; available online at http://jaycurrie.info-syn.com/2008-adieu/.

105. Bureau of Economic Analysis, National Income and Products Accounts Table, 1982-2010, “Table 2.1: Personal Income and Its Disposition,” (Historical table); available online at http://www.bea.gov.

106. Justin Lahart and Mark Whitehouse, “Families Slice Debt to Lowest in 6 Years,”

Wall Street Journal
, March 11, 2011; available online at http://online.wsj.com/

article/SB10001424052748704823004576192602754071800.html.

notes

369

107. Ann Zimmerman, Jennifer Saranow and Miguel Bustillo, “Retail Sales Plummet,”

Wall Street Journal
, December 26, 2008; available online at http://online.wsj.com/

article/SB123025036865134309.html.

108. Remarks at a campaign stop in Roseburg, Oregon, May 16, 2008; facts available online at http://afp.google.com/article/ALeqM5h-wpxs1Re-8vx2Zk5xnYygW1W67w.

109. Martin Wolf, “Keynes offers us the best way to think about the financial crisis,”

Financial Times
, December 23, 2008; available online at http://www.ft.com/

cms/s/0/be2dbf2c-d113-11dd-8cc3-000077b07658.html#axzz1MYZ4Ba8m.

110. US Census Bureau, “International Data Base (IDB): Country Rankings,” 2011; available online at http://www.census.gov/ipc/www/idb/rank.php.

111. Federal Reserve Bank of New York, “Quarterly Report on Household Debt and Credit,” (page 27) February, 2011; available online at http://www.newyorkfed.

org/research/national_economy/householdcredit/DistrictReport_Q42010.pdf.

112.
Fortune
, “Global 500,” CNNMoney.com, July 26, 2010; available online at http://

money.cnn.com/magazines/fortune/global500/2010/snapshots/11384.html.

113. Ibid.

114. Press release, “Minmetals & Jiangxi Copper Successfully Acquire Northern Peru Copper,” China Minmetals Corporation, January 29, 2008; available online at http://www.minmetals.com/english/detail.jsp?article_millseconds

=1201592566219.

115. Press release, “Minmetals Succeeds in OZ Minerals Deal,” Minmetals Australia Pty. Ltd., June 11, 2008; available online at http://australia.minmetals.com.cn/

news_1.jsp?article_millseconds=1248748749312.

116. Press release, “Minmetals Seals Bauxite Agreement with Jamaica.Premier Wen and Jamaican Prime Minister Attend the Ceremony,” China Minmetals Corporation, June 23, 2005; available online at http://www.minmetals.com/english/

detail.jsp?article_millseconds=200512150159.

117. Chris Nicholson, “Sinopec to Buy Addax Petroleum for $7.2 Billion,”
New York
Times
, June 24, 2009; available online at http://dealbook.nytimes.

com/2009/06/24/sinopec-to-buy-addax-for-7-billion/.

118. Shawn McCarthy, “China’s big move into Alberta,”
Globe and Mail
, April 12, 2010; available online at http://www.theglobeandmail.com/globe-investor/

chinas-big-move-into-alberta/article1532062/.

119. Press release, “Sinochem Completed the Acquisition of Emerald,” Sinochem Group, November 13, 2009; available online at http://www.sinochem.com/

tabid/696/InfoID/10994/Default.aspx.

370

after america

120. Ahmed Rasheed, “Iraq inaugurates oil deal with China’s CNPC,” Reuters, March 11, 2009; available online at http://www.reuters.com/article/2009/03/11/iraq-oil-ahdab-idUSLB36965920090311.

121. Ezra Levant, “Collecting the weak,”
Calgary Sun
, November 28, 2010; available at http://www.calgarysun.com/comment/columnists/ezra_levant/

2010/11/26/16332861.html; and Shrikesh Laxmidas and Kevin Yao, “China offers to help Portugal, but silent on debt,” Reuters, November 7, 2010; available at http://www.reuters.com/article/2010/11/07/us-china-portugal-hu-idUS-TRE6A616R20101107.

122. “GM’s IPO Included Selling Holding of $500 Million to Chinese Partner SAIC,”

Bloomberg News
, November 18, 2010; available at http://www.bloomberg.com/

news/2010-11-18/gm-sells-500-million-stake-to-chinese-partner-saic-as-part-of-stock-offer.html; and “China’s SAIC close to GM IPO stake buy-sources,”

Reuters, November 10, 2010; available at http://www.reuters.com/

article/2010/11/10/gm-saic-idUSWEN287720101110.

123. Remarks at a conference in Montreal, Quebec, February 7, 2008; available online at http://www.nationalpost.com/news/story.html?id=290513.

124. Quoted by
Local Transport Today
, December 2007; available online at http://

www.smalldeadanimals.com/archives/007646.html.

125. James Hansen, “The Price of Change,”
South China Morning Post
, November 3, 2010; available online at http://www.columbia.edu/~jeh1/mailings/

2010/20101122_ChinaOpEd.pdf.

126. Remarks on NBC’s “Meet the Press,” May 23, 2010; available online at http://

www.msnbc.msn.com/id/37279599/ns/meet_the_press/.

127. Thomas L. Friedman, “Our One-Party Democracy,”
New York Times
, September 8, 2009; available online at http://www.nytimes.com/2009/09/09/

opinion/09friedman.html.

Chapter three

1.

Philip Pangalos, “Greece on brink of abyss as three bank workers killed in riots,”

The Times
, May 6, 2010; available online at http://www.timesonline.co.uk/tol/

news/world/europe/article7117546.ece.

2.

Emily Ford and David Charter, “Q&A: The Greek Crisis,”
The Times
, May 4, 2010; available online at http://business.timesonline.co.uk/tol/business/economics/

article7115701.ece.

3.

Interview with Thames TV, London, England, February 5, 1976; available online at http://www.margaretthatcher.org/document/102953.

notes

371

4.

United Nations, “Total Fertility Rate (children per woman),” UNData; available online at http://data.un.org/Data.aspx?d=PopDiv&f=variableID%3A54.

5.

Alan S. Blinder, “The Concise Encyclopedia of Economics: Keynesian Economics,” Library of Economics and Liberty; available online at http://www.econlib.

org/library/Enc/KeynesianEconomics.html.

6.

Remarks during state of the state address in Sacramento, California, January 9, 2007; available online at http://www.washingtonpost.com/wp-dyn/content/

article/2007/01/09/AR2007010901427.html.

7.

Jeff Gottlieb and Ruben Vives, “Benefits push Bell ex-manager’s compensation to more than $1.5 million,”
Los Angeles Times
, August 8, 2010; available online at http://articles.latimes.com/2010/aug/08/local/la-me-bell-benefits-20100808.

8.

Christopher Palmeri, “California Official’s $800,000 Salary in City of 38,000

Triggers Protests,” Bloomberg, July 20, 2010; available online at http://www.

bloomberg.com/news/2010-07-20/california-official-s-800-000-salary-in-city-of-38-000-triggers-protests.html.

9.

Nicole Gelinas, “Bell’s Debt Tolls,”
City Journal
, August 6, 2010; available online at http://www.city-journal.org/2010/eon0806ng.html.

10.

Peter S. Green and Martin Z. Braun, “NYC Snow ‘Overwhelmed’ Emergency System, Mayor Says,” Bloomberg, December 31, 2010; available online at http://

www.bloomberg.com/news/2010-12-29/new-york-city-s-emergency-response-overwhelmed-by-blizzard-mayor-says.html.

11.

Ibid.

12.

Sally Goldenberg, Larry Celona and Josh Margolin, “Sanitation Department’s slow snow cleanup was a budget protest,”
New York Post
, December 30, 2010; available online at http://www.nypost.com/p/news/local/sanit_filthy_snow_

slow_mo_qH57MZwC53QKOJlekSSDJK.

13.

Edgar Sandoval and Larry McShane, “Sanitation boss John Doherty’s street plowed clean, but nearby streets remain winter blunderland,”
New York Daily
News
, December 29, 2010; available online at http://articles.nydailynews.

com/2010-12-29/local/27085710_1_clean-street-winter-blunderland-east-side.

14.

Ray Long and Michelle Manchir, “Thousands rally at Illinois Capitol—for a tax increase,”
Chicago Tribune
, April 21, 2010; available online at http://articles.

chicagotribune.com/2010-04-21/news/ct-met-state-capitol-rally-tax-increase-020100421_1_sales-tax-tax-increase-income-tax.

15.

Landon Thomas Jr., “Patchwork Pension Plan Adds to Greek Debt Woes,”
New
York Times
, Mary 11, 2010; available online at http://www.nytimes.

com/2010/03/12/business/global/12pension.html.

16.

Ibid.

372

after america

17.

BBC, “Greek Officials Strike Over Cuts,” February 4, 2010; available online at http://news.bbc.co.uk/2/hi/europe/8497912.stm.

18.

CNN, “Greek PM slams European Union amid crisis,” February 14, 2010; available online at http://articles.cnn.com/2010-02-14/world/greece.eu.crisis_1_

european-union-van-rompuy-greece?_s=PM:WORLD.

19.

Ian Traynor and Katie Allen, “Austerity Europe: Who Faces the Cuts,”
The Guardian
, June 11, 2010; available online at http://www.guardian.co.uk/business/2010/

jun/11/europe-deficit-crisis-austerity-budgets.

20.

Ibid.

21.

Robert Samuelson, “The Welfare State’s Death Spiral,” syndicated column, May 10, 2010; available online at http://www.realclearpolitics.com/articles/2010/05/10/

the_welfare_states_death_spiral_105503.html.

22.

Remarks to the
New York Times
, Berlin, Germany, March 29, 2009; available online at http://www.nytimes.com/2009/03/30/world/europe/30merkel.html?hp.

23.

Luke Harding, “Germany agonises over 30% childless women,”
The Guardian
, January 27, 2006; available online at http://www.guardian.co.uk/world/2006/

jan/27/germany.lukeharding.

24.

Tristana Moore, “Baby Gap: Germany’s Birth Rate Hits Historic Low,”
Time
, May 23, 2010; available online at http://www.time.com/time/world/

article/0,8599,1991216,00.html.

25.

Sacha Molitorisz, “Mama Mia: Won’t You Leave Home, Big Baby?”
The Age
, January 23, 2010; available online at http://www.theage.com.au/opinion/society-and-culture/mama-mia-wont-you-leave-home-big-baby-20100122-mqqa.html.

26.

Ibid.

27.

Statistics Canada, “2006 Census,” September 12, 2007; links to purchase report available online at http://www.statcan.gc.ca/daily-quotidien/070912/dq070912a-eng.htm.