And apparently based on the so-called favorable employment report released Friday, U.S. sweet crude increased by $1.48 to end the week at $97.84 per barrel, while Brent picked up $2.51 to finish at $114.58 per barrel.
Gas-pump prices appear erratic, depending where ye be: Statewide average in California is $3.73 a gallon for regular, up 3.7 cents in a week, but meanwhile, a good friend of mine residing less than two hours south of me recently paid $4.19 a gallon — Sup with that?

(Illustration found here).

Maybe we should take the plunge already and go Eurozone — $10-a-gallon gas would force stiff-necked US peoples to alter lifestyles and move on before the whole thing becomes reality.
New fuel for old vehicles — there’s about 240.5 million cars and light trucks cruising US highways and the average age of those vehicles rose to 10.8 years last year from 10.4 in the year before, due mainly to bad times in Detroit and the economy.
Apparently from indications beyond a recession, US peoples have been easing off the private vehicle for awhile now.
Via AlterNet  two years ago:

Among the trends that are keeping sales well below the annual figure of 15-17 million that prevailed from 1994 through 2007 are market saturation, ongoing urbanization, economic uncertainty, oil insecurity, rising gasoline prices, frustration with traffic congestion, mounting concerns about climate change, and a declining interest in cars among young people.
Market saturation may be the dominant contributor to the peaking of the U.S. fleet.
The United States now has 246 million registered motor vehicles and 209 million licensed drivers — nearly 5 vehicles for every 4 drivers.

Kids and cars:

Perhaps the most fundamental social trend affecting the future of the automobile is the declining interest in cars among young people.
For those who grew up a half-century ago in a country that was still heavily rural, getting a driver’s license and a car or a pickup was a rite of passage.
Getting other teenagers into a car and driving around was a popular pastime.
In contrast, many of today’s young people living in a more urban society learn to live without cars.
They socialize on the Internet and on smart phones, not in cars.
Many do not even bother to get a driver’s license.
This helps explain why, despite the largest U.S. teenage population ever, the number of teenagers with licenses, which peaked at 12 million in 1978, is now under 10 million.
If this trend continues, the number of potential young car-buyers will continue to decline.

Plus these kids now are also faced with an incredible financial burden, not only with a humongous student-loan debt, but a bleak employment picture (despite Friday’s numbers) — unless one is an oil/gas person (corporations are people).

Maybe a bit of inequality right there: Exxon’s $41.1 billion in 2011 profit translates into nearly $5 million in profit every hour, or more than $1,300 every second. The annual profit comes near the record revenues of $46.23 billion in 2008…Between 2008-2010, Exxon Mobil registered an average 17.6 percent federal effective corporate tax rate, while the average American paid a higher rate of 20.4 percent.

Maybe venture into the ugly-oddness of fuel:

Gasoline prices are higher at the beginning of 2012 than at the beginning of any previous year ever — even at the beginning of 2008, a year when the national average for a gallon of regular unleaded gasoline reached a record $4.114 on July 7.
In its Daily Fuel Gauge Report, AAA Texas noted Friday a national average of $3.467 for a gallon of regular unleaded gasoline — up from $3.455 a day ago, $3.389 a week ago, $3.288 a month ago and $3.116 a year ago.
“We’re seeing the highest gasoline prices that we’ve seen,” Sarah Schimmer of AAA Texas said Friday.
“2011 was a record year, and in 2012 we’re definitely seeing higher prices.”

And all this for mobility, not only just for driving my Jeep around town, but oil/gas framed within the way-big picture of how the existence of an entire civilization depends on the black, bubbly shit — no way yesteryear can continue into the nowadays.
In reality, peak oil is actually the end of easy oil, low prices at the pump and so forth, and this peak supposedly occurred worldwide in about 2005 — so we’re already on the downside.
One interesting look at future possibilities comes from “Fleeing Vesuvius: Overcoming the Risks of Economic and Environmental Collapse,” a collection of essays from economists, environmental scientists, a couple of architects and even a corporate lawyer on the premise of how close we are to being totally f*cked.
From a review by Stuart Jeanne Bramhall of Fleeing Vesuvius and posted Friday at DissidentVoice:

The title refers to the volcano that destroyed Pompeii in 79 AD, specifically the large number of residents who failed to save themselves, despite weeks of earthquakes, gaseous clouds and other obvious signs that an eruption was imminent.
For more than a decade, a growing body of evidence suggests that the planet is on the verge of economic and ecological collapse.
Yet the vast majority of us do absolutely nothing to prepare for the stark conditions ahead.
…
All (the essay writers) are in basic agreement around the book’s central premise: the industrialized world needs to urgently downsize its energy use, both to stave off catastrophic climate change and to conserve dwindling fossil fuels.
In his Introduction, “Where We Went Wrong,” the late Irish economist Richard Douthwaite points out that one barrel of oil provides the equivalent labor of a man working forty hours a week for twelve years.
He goes on to stress that before the advent of cheap fossil fuels, capitalism was impossible — an economy relying on human labor and animal power is too inefficient to support it.
By definition capitalism depends on capital accumulation, the production of an economic surplus that can be reinvested in new capital (property and machines) to expand production even further.
Producing a surplus of this size only became possible because of the vast amount of cheap (practically free) work performed by fossil fuel energy.

And Ms Bramhall also reveals a brightness from the essays, not all doom-n-gloom: The last five sections of the book focus on solutions, with inspiring examples of new approaches to land use, agriculture and industrial design from individuals, groups and communities who have begun the transition to a less energy-intensive lifestyle.
Inspiration needs to have already been popped — too much pie-in-the-sky without actual political reality.
One updated  sample chapter of Fleeing Vesuvius can be found at The Oil Drum.
And another review of the essay collection can be found here.

A major snag in the optimism — the above-mentioned political reality.
So says Kumi Naidoo, head of the environmental group Greenpeace, who spoke Friday at the big-wig, pow-wow Munich Security Conference, and chimed a loud alarm.
Via Raw Story:

“The moment of history we are in can be described as a boiling point or a perfect storm,” he told the assembled gathering of world leaders, ministers, top brass and defence policy experts at the annual Munich gathering.
“We are seeing a convergence of multiple crises happening at the same time. A food crisis, climate crisis, poverty crisis … and then of course the financial crisis and a demographic crisis and a global governance democratic crisis,” he added.
“The bottom line is that too many of our leaders … are sleepwalking us into a crisis of epic proportion,” he claimed.

One of those doing the sleepwalking is US Secretary of State Hillary Clinton, who’s also in Munich, Germany, this weekend for the conference, but her schedule has no room for end-of-life-as-we-know-it antics fostered by environmental activists — Clinton will most-likely reminisce about “…what a key partner Europe is in the global security, economic, democracy promotion agenda that we have.”

Just wake ‘em later.

Newt Gingrich, however, does appear even worse after a couple of tokes — some changes require way more.

Pot is the weaker sister — the big headline in this story was marijuana, but alas…

A Rhode Island lawmaker is due in court following his second arrest on marijuana possession charges.
…
Police say they found marijuana and a smoking pipe in Watson’s vehicle, along with an opened beer can and two unopened beer bottles.

Smoke gets blamed for shit that just ain’t so.

(Illustration found here).

Living in the very midst of the pot-growing center of the universe makes a discussion about marijuana as dumb as a stump — pack that in your pipe and draw hard.
The discovery of weed in the mid-1970s was the second greatest single event in my life, changing attitudes, outlooks and how life actually works — no, this ain’t Kansas no more.
Marijuana is not the evil, the bad guys are those who not only don’t smoke, but hate those who do and wish horrible things upon smokers are the culprit — marijuana needs legalization.
And a good chunk of US peoples feel the same.
From CBS:

President Obama’s live, online chat slated for Monday afternoon is intended to focus on issues raised during last week’s State of the Union address — but his online audience seems to be much more interested in marijuana policy.
…
Sorting the questions by popularity reveals that 18 of the 20 most popular questions, according to YouTube, have something to do with marijuana policy, including the legalization of marijuana use, the cost of the war on drugs and other related issues.
Questions about marijuana policy have dominated multiple online engagement efforts from the Obama White House.
In fact, the second-most popular question for today’s “hangout” comes from a retired police officer with the group Law Enforcement Against Prohibition (LEAP) — just as it did in Mr. Obama’s 2011 YouTube chat.

And from Slate: In 1969, 12 percent of Americans thought pot should be legal. That percentage grew to the mid-20s by the late 1970s, passed 30 percent in 2000, and hit 40 percent in 2009, according to Gallup. A surprising October poll showed support at 50 percent, with just 46 percent against.
Lawmakers and other nefarious types are not paying attention, however.

Here in California, a ballot-box vote is on tap this November.
And about time:

A recent poll reveals that California voters, by a 62% to 35% margin, with 3% unsure, support a ballot initiative to regulate marijuana like wine.
…
Voters in California will have an opportunity to take that new approach this November with the Regulate Marijuana Like Wine Act of 2012 (RMLW), which will allow the state to regulate and tax marijuana and hemp.
The California Attorney General has projected “savings of potentially several tens of millions of dollars annually to state and local governments of the costs of incarcerating and supervising certain marijuana offenders,” as well as potentially generating “hundreds of millions of dollars in net additional tax revenues related to the production and sale of marijuana products.”

Law enforcement buys it, too.
And why don’t you?

Some overriding health issues have caused me to have not a good night, thus, creating less-ability to compose coherent thoughts, and way-harder to transfer to blog lines (was about to write paper, but that’s so 1970s).
There’s plenty out yonder in the big, wide world to write about, but there’s a small imprint in the brain that wants to scream ‘Who Gives A Shit!’ except for those under barrage of that particular shit found in all corners of the globe.

Ugly unrest is on the peppered lips of today — the Occupy protests are getting not pretty, from the mess in Oakland, to a drive-in plunge in London, to more stun-gun episodes in Washington, DC.
People are only going to get even-more pissed.

(Illustration: “Extrangement of Vision — Edgar Allan Poe’s Optics” via M.C. Escher’s ‘Hand with Reflecting Sphere‘ found here).

One item did catch my blurred, Poed eyeball — in one of those Internet video “hangouts” yesterday on Google’s social network, Google+, also streamed live on YouTube, President Obama talked about a rare subject — the drone attacks in Afghanistan and Pakistan.
Via the BBC:

Asked about the use of drone strikes, which have increased in intensity during his presidency, he said “a lot of these strikes have been in the Fata”, or Pakistan’s Federally Administered Tribal Areas.
The strikes target “al-Qaeda suspects who are up in very tough terrain along the border between Afghanistan and Pakistan,” Mr Obama added.
“For us to be able to get them in another way would involve probably a lot more intrusive military action than the ones we’re already engaging in.”

A shitload of innocent people have been killed and wounded during these strikes, and folks in Pakistan are pretty-much getting pissed about the whole operation.
Obama, though, bypassed some important questions:

In a previous town hall-style event hosted by Facebook, the White House was criticised for ignoring one of most popular questions: Mr Obama’s stance on legalising marijuana.
He did not answer questions on drug policy in Monday’s event.

Dude, what’s the deal?

Poe knew.

A Dream Within A Dream

Take this kiss upon the brow!
And, in parting from you now,
Thus much let me avow-
You are not wrong, who deem
That my days have been a dream;
Yet if hope has flown away
In a night, or in a day,
In a vision, or in none,
Is it therefore the less gone?
All that we see or seem
Is but a dream within a dream.

I stand amid the roar
Of a surf-tormented shore,
And I hold within my hand
Grains of the golden sand-
How few! yet how they creep
Through my fingers to the deep,
While I weep- while I weep!
O God! can I not grasp
Them with a tighter clasp?
O God! can I not save
One from the pitiless wave?
Is all that we see or seem
But a dream within a dream?

Poem found here.

Including this horror show in Florida — and I don’t mean  the upcoming GOP primary:

“As it was happening on the northbound side, it was happening on the southbound side as well,” he said.
“There was nowhere to go. It was just cars hitting cars and cars.”
He called the scene “horrendous.”
“Everybody was crying,” he said. “You still can’t see anything.”
Some motorists were stuck in their vehicles, he said, calling it “mass chaos.”

Mankind should take another look at how we move ourselves around on this earth.

(Illustration found here).

Even as more than 300 people have been arrested in Oakland in an Occupy throw-down, the problem of inequality is been seen as worldwide, an in vestment in a trouble future and if ignored problems will keep popping up everywhere.

A UN report — “Resilient People, Resilient Planet: A Future Worth Choosing” — displays the growing trouble of cash flow.
From the BBC:

Ms Halonen (co-chair of the report, Finnish President Tarja Halonen) emphasised the theme of equality that runs through the report, in terms of gender and redressing the burgeoning gap between people on high and low incomes.
“Eradication of poverty and improving equity must remain priorities for the world community,” she said.
…
“We undertook this report during a period of global volatility and uncertainty,” it says.
“Economies are teetering. Inequality is growing. And global temperatures continue to rise.
“We are testing the capacity of the planet to sustain us.”
To turn this around, it says: “We need to change dramatically, beginning with how we think about our relationship to each other, to future generations, and to the ecosystems that support us.”

Even as the US turns skeptic, just north of us is calling bogus:

Some of Prime Minister Stephen Harper’s newly-appointed senators are emerging as global-warming skeptics in the wake of aggressive government positions to abandon the Kyoto Protocol, slam environmentalists and downplay potential damage caused by Canadian oil and gas exploration.
“I felt like it is kind of an insult to be a denier for a long time,” said Sen. Bert Brown, last month at a parliamentary committee studying energy policies.
“It feels pretty good this morning.”

Laugh at the tomorrow, cry for the future.

A penny here, a penny there and soon you’ve have a pile of some real money.

(Illustration found here).

Crude is still gushing upward.
From liveoilprices: In London, Brent crude oil futures for March 2012 delivery was trading at $111.22 a barrel, 15.30 GMT today on the ICE Futures Exchange.
Meanwhile, WTI: US Light crude oil futures for March 2012 delivery was trading at $99.67 a barrel, 15.06 GMT today in trading on the NYMEX. The US oil contract is up 1.2 percent over this mornings opening price of $98 a barrel.

The shit with Iran is the bad bet at the pump.
The International Monetary Fund warns the planet:

The International Monetary Fund warned on Wednesday that global crude prices could rise as much as 30 percent if Iran halts oil exports as a result of U.S. and European Union sanctions.
If Iran halts exports to countries without offsets from other sources it would likely trigger an “initial” oil price jump of 20 to 30 percent, or about $20 to $30 a barrel, the IMF said in its first public comment on a possible Iranian oil supply disruption.
The IMF highlighted the risks of rising tensions over Iran sanctions in a note on Wednesday sent to deputies from G20 countries who met in Mexico City last week.
The price impact caused by a cut in Iranian exports could be exacerbated by below average oil stocks in many countries, the result of tight oil market conditions through much of last year, the IMF said.

And in this the old ‘peak oil’ ugly raises its head.
Via the New York Times:

In an opinion piece (paywall) released on Wednesday by the journal Nature, James Murray of the University of Washington and David King of the University of Oxford point out that global oil production appeared to hit a cap of about 75 million barrels a day in 2005.
Since then, they note, small supply bumps have caused big price gyrations, yet even when prices spike above $100 a barrel, supply appears incapable of rising to meet the demand.
The professors make only a glancing mention of the term “peak oil,” a widely promoted and widely attacked concept, but their argument resembles some of the less feverish versions of the peak oil case.
They essentially argue that oil supply now represents a large strategic risk to global economic growth, and that smart governments ought to be developing comprehensive plans and pushing hard to move their citizens into more efficient cars, onto public transit and so forth — a greener energy path that would also be good for the climate.

Even with all this mess at the gas pumps, there’s an underlying bullshit irony to it all.
Oil companies know the future is coming — via TreeHugger:

Utilities, the oil and gas industry, agricultural companies and insurers are building assumptions about rising temperatures and extreme weather events into their scenario planning.
This is what’s being called climate adaptation or climate preparedness.
The payoff from investing in adaptation could be substantial.
In 2011, insured losses in the U.S. from natural catastrophes, including tornadoes, floods and hurricanes, topped $105 billion, breaking the record of $101 billion set in 2005, the year of Hurricane Katrina, according to Munich Re, the world’s largest reinsurance firm.
Some of those losses had nothing to do with climate change, but others did.

Pump it down and dirty.

(Illustration found here).

Obama even had the flag carried by the US Navy SEAL team that assassinated Osama last year: “Some may be Democrats. Some may be Republicans. But that doesn’t matter. Just like it didn’t matter that day in the Situation room…All that mattered that day was the mission. No-one thought about politics…”

And he pounded it home:

“Each time I look at that flag, I’m reminded that our destiny is stitched together like those fifty stars and those thirteen stripes.
No-one built this country on their own,” Obama said.
“This nation is great because we built it together.
This nation is great because we worked as a team.
This nation is great because we get each others’ backs.
And if we hold fast to that truth, in this moment of trial, there is no challenge too great, no mission too hard.”

In this he laid the groundwork for the next eleven months — the real man-up ruler of the US can only be the guy that got Osama bin Laden, and it will surely not work if anyone else takes the reins of power, so vote for me!
And boxed in between the warmongering, Obama slapped at income inequality and the Republicans who have produced the situation — the president proposed big shifts with the US tax system, like for instance, a minimum 30 per cent effective rate on millionaires.
Which prompted Mitch Daniels in response to whine: “No feature of the Obama presidency has been sadder than its constant efforts to divide us, to curry favour with some Americans by castigating others,” Daniels said, according to excerpts of his speech.
In other words — leave the rich alone.

And this tweet via Aljazeera English: “RT @theonlyadult: Osama Bin Laden is dead and General Motors is alive. #obama2012 #sotu”

And as if on cue, early this morning U.S. Navy SEALs popped into Somalia to grab two kidnapped aid workers — an American and a Dane — in a daring helicopter raid reminiscent of the Osama attack.

Before news broke of the rescue, Obama told Defense Secretary Leon Panetta, “Leon, good job tonight. Good job tonight,” at the State of the Union address.

Election 2012 is gonna be a dandy, action-packed pile of hollerin’ bullshit.

Take last Thursday’s Republican debate in South Carolina.
Hundreds of G.O.P. voters applauded as Newt Gingrich blasted CNN’s John King for raising an accusation about marriage and sex in presidential politics.
These same voters, I have no doubt, would have cheered Gingrich for doing just that in 1998 when he led the charge to impeach President Clinton for his dalliance with a younger woman who worked in his office — or technically, for lying about it, but you see the point.
When Clinton did it, Republican voters called for his impeachment; when Gingrich does it and defends himself, they cheer for him.

A lie is the truth until its not.

And tonight, President Obama will go on TV with his third state of the union message, reportedly carrying a theme of a “a fair shake for all,” but in the actual state of the country, the shaking is from the bottom up.
Supposedly, all kinds of diverse shit will be included in the message, especially any and all important points to consider in his re-election bid — Obama’s scheduled for a three-state campaign trip starting Wednesday.
Here we go…

Accordingly, the prez should do some bullshitting himself — via The Daily Beast:

Obama should—without mentioning them by name—take a couple of whacks at Mitt Romney and Newt Gingrich.
This is a time, with Romney on the ropes and the leading GOP candidate (Gingrich) “enjoying” a roughly -35 point approval-to-disapproval rating, to float like a butterfly and sting like a bee.
Play some head games.
Have some fun.
Do—if I may—some dozens.
Not “your mama is so fat” dozens, obviously.
But talk some smack.
Drop in one or two that the Republicans will attack as undignified to the occasion.
Put them on the defensive, make them sound whiny.
Trust me, David Plouffe: independents will like it.
They sure didn’t like what you wanted to do last summer (capitulate).
…
If those things aren’t happening, the speech was a political failure.

And the Brits say no laughing.
From the Telegraph:

But any attempt at levity might come off badly.
There’s a reason why over 600,000 people participated in the South Carolina primary: the state’s unemployment rate is 9.9 percent and folks are angry.
Many are suffering in a recession that has run so long it must now be called Obama’s.
Gallup gives him a job approval rating of 44 percent but CBS reports that only 29 percent of the country thinks America is headed in the right direction.
As cold winds blow over the Northeast and hurricanes hit the South, attitudes are likely to harden.
I’ve been travelling across America for nearly a decade and I’ve never known such pessimism.
Gas price increases are making it harder to numb the pain with consumer spending.
And what can be bought is made by child labour in China – a country that now owns roughly $1.16 trillion of America’s spiralling debt.

The big thing, though, Mr. President, is try and not to bullshit with bullshit.

This morning just about everything I read/look at is pure shit.
If the Republicans have one more debate I might blow chunks all over my laptop — the blow-hole event last night was enough to make anyone sick to their inner-most bowels with such empty, vain-glory bluster that anyone not of this earth might go WTF!
Who/what are these people?

Newt’s vile reproach against the media was a wonder — beyond the debate audience, does anyone out there really think these people could be president?
And Newt’s ex-wife is still waiting: “He could say he’s sorry, but he never has,” Marianne Gingrich said on ‘Nightline.’

An August 2010 interview in Esquire magazine with Marianne Gingrich:

He thinks of himself as president, you tell her.
He wants to run for president.
She gives a jaundiced look.
“There’s no way,” she says.
She thinks he made a choice long ago between doing the right thing and getting rich, and when you make those choices, you foreclose other ones.
“He could have been president. But when you try and change your history too much, and try and recolor it because you don’t like the way it was or you want it to be different to prove something new … you lose touch with who you really are. You lose your way.”
She stops, ashes her cigarette, exhales, searching for the right way to express what she’s about to say.
“He believes that what he says in public and how he lives don’t have to be connected,” she says.
“If you believe that, then yeah, you can run for president.”

And from an Esquire update from yesterday (Thursday):

This is the real story, which is almost the opposite of the one that’s hitting the media now.
…
The real story isn’t that Gingrich committed adultery — an act every bit as offensive as sodomy to the actual Bible, if not to modern Christians — over and over and over again.
The real story is that Newt Gingrich is so deeply conflicted and strange, so erratic and unreliable, so scheming and secretive, that he’s way too much like a character out of Dostoevsky than a politician should ever be.

But wait, isn’t that what US peoples are inheriting with an allowance of dick-headness — Republican Rep. Peter King, an absolute-asshole in his own right, had this to say about Newt: “The House is on the line this year,” Mr. King said. “I believe we can take back the Senate. We have to win the presidency. Having Newt at the top puts all of that in danger. And then, if he were elected president, to me the whole country would be in danger.”

So far, 2012 is shaping up to be one freak year — and the news slop keeps coming.

Oil and politics really don’t mix, especially with the current GOP and its love of the wealthy (of self, really), but because of  ‘problems‘ with Iran the price for normal, regular US peoples is expected to top $4 a gallon in 2012, maybe $5 a gallon in some places (California?) — anyway/anyhow it ain’t going no where, but up.

(Illustration found here).

On Friday, from liveoilprices: In London, Brent crude oil futures for February 2012 delivery was trading at $112.17 a barrel, 07.05 GMT today on the ICE Futures Exchange.
Also last Friday, WTI: US Light crude oil futures for February 2012 delivery was trading at $100.02 a barrel, 07.20 GMT this morning in electronic trading on the NYMEX.

Although US peoples shudder at the high pump prices, the cost right now is not at a ‘break even’ point for most American households — the pump don’t make or break the old budget, yet — but with the oil-producing countries, timing is everything.
From Fareed Zakaria at CNN:

I saw some striking numbers this week: Look at the “break-even” costs for the world’s top oil producers.
That is the minimum price at which these countries need to sell oil so that they can balance their budgets.
Russia now needs oil at $110 a barrel to manage its finances.
For Iraq, the number is $100.
Even Saudi Arabia now needs oil to trade around $80 a barrel just to balance its budgets.
The numbers are also high for Algeria, Qatar, and Oman.
Only a decade ago Saudi Arabia was able to balance its budget with oil prices averaging around $25 a barrel.
So now it is in these countries’ interest to keep oil prices high, which they do by curtailing supply in one way or the other.
This is perhaps the most lasting impact of the year of global protest: High oil prices.
So, the bottom line is an oil crash seems unlikely.
Even though the engines of global growth are sputtering, be prepared for a period of expensive commutes.
Maybe it’s time to trade in your Escalade for a Prius.

Most-likely too late to do much of anything except drive less.

Way-rich trash, however: Reportedly, Romney spent $17 million since January a year ago to try and win the White House — no matter how one looks at it, that’s a shitload of cash.
And although the 99 percent work their asses off, the 1 percent has all the cash, and has it here in the good-old-most-equal US of A.

(Illustration found here).

Wealth is way unequal and US peoples, even the lowest of the low, are rich compared to the rest of the spinning globe.
From CNNMoney:

So where do these lucky rich people live? As of 2005 — the most recent data available — about half of them, or 29 million lived in the United States, according to calculations by World Bank economist Branko Milanovic in his book “The Haves and the Have-Nots”.
…
“It doesn’t seem right to define as middle class, people who would be on food stamps in the United States,” Milanovic said.
…
The true global middle class, falls far short of owning a home, having a car in a driveway, saving for retirement and sending their kids to college.
In fact, people at the world’s true middle — as defined by median income — live on just $1,225 a year. (And, yes, Milanovic’s numbers are adjusted to account for different costs of living across the globe.)
In the grand scheme of things, even the poorest 5 percent of Americans are better off financially than two thirds of the entire world.

In the US, though, poverty is way-more closer to home: A record 15.4 million suburban residents lived below the poverty line last year, up 11.5% from the year before, according to a Brookings Institution analysis of Census data released Thursday. That’s one-third of the nation’s poor.
And the problem will never go away due to the nasty fact the US is one of the most-unequal countries in the world — the rich play at politics: Income inequality is more severe in the U.S. than it is in nearly all of West Africa, North Africa, Europe, and Asia. We’re on par with some of the world’s most troubled countries, and not far from the perpetual conflict zones of Latin American and Sub-Saharan Africa. Our income gap is also getting worse, having widened both in absolute and relative terms since the 1980s. It’s not a problem that the “Buffett rule” would solve on its own, but at least the U.S. political system is starting to acknowledge how serious things have become.

And the rich assholes elected to national office, what do they do?
Make life harder for the rest of us dumb-asses: Due to Congressional inaction during last month’s tax deliberations, the new year ushered in a tax increase to public transit riders. Currently, commuters who use public transit, commuter buses and van pools may see their annual commuting costs increase by more than $550 based on a bias in the tax code that benefits driving over taking public transit. In addition, the failure to extend the benefit has resulted in a tax liability increase for companies offering the benefit.

And I’d like to close with this from the comments section of the semi-daily, must-read Drumbeat (@ The Oil Drum) that eloquently displays just how f*cked we all are:

The human brain, encased in bone and thoroughly nourished with blood, is the interpreter between itself and all else.
Images and sensations go in and slowly an analog world is built, and possibly with some effort an intellect is born.
The human system cannot truly be separated from its environment from where it derives its building blocks and returns its waste.
It is a product of the environment, the flow of energy and matter.
We have not evolved a tongue that can taste the cesium, strontium, lead and mercury in the air and water, nor olfaction that can sense the CO2 levels in the atmosphere.
Instead we have designed and created technological sensors that can extend our perception.
Unfortunately the results these sensors display are not wired into our limbic systems so as to elicit a panicked response.
We have alarming data, but the alarms are not sounding, we do nothing, because we have no motivation.
There is no pain, no primate fear-invoking stimuli like growling predators, snakes, spiders, and so on.
So we sit and slowly euthanize ourselves and our children in front of our faux reality televisions.
As long as there are no shocks that arouse our evolved fear circuits our civilization will slip quietly into a coma, helped along by little dribbles of propagandist’s morphine, just enough to blunt any perception of our near terminal situation.

So whatever happens in South Carolina won’t make much difference.