Think of this as Volume 16, Number 27 of A-Clue.com, the online newsletter I've written since 1997. Enjoy.
Of all the past crises in American history, today's has most in common with that of 1896 and the years following it.
In other words, we're playing the 1900 game.
As was true at the dawn of the progressive era, today's political argument is over a new economic order. The difference is that the rising tide of that era – mass production, scaled energy – is the falling tide of our time.
Of course that's not the way the other side sees it.
Oil's view is that the entire 20th century consisted of an insane set of mistakes, and their goal is to move us back to the “glory days” of the 1880s, a time when things like regulation, the social safety net, and government of the people rather than the oil-a-garchs had yet to be born.
Back when this guy was the face of American business. (To see him again, click for more.)
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