Cold Turkey
by Kurt Vonnegut

Many years ago, I was so innocent I still considered it possible that we could become the humane and reasonable America so many members of my generation used to dream of. We dreamed of such an America during the Great Depression, when there were no jobs. And then we fought and often died for that dream during the Second World War, when there was no peace. But I know now that there is not a chance in hell of America’s becoming humane and reasonable. Because power corrupts us, and absolute power corrupts absolutely. Human beings are chimpanzees who get crazy drunk on power. By saying that our leaders are power-drunk chimpanzees, am I in danger of wrecking the morale of our soldiers fighting and dying in the Middle East? Their morale, like so many bodies, is already shot to pieces. They are being treated, as I never was, like toys a rich kid got for Christmas.

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Some of my younger readers may not be familiar with Kurt Vonnegut. I would urge you to try reading one of his books. After you read about Vonnegut's Tralfamadorians, you will never look at a plumber's helper the same way again.

A Crude Shock
by Paul Krugman

So far, the current world oil crunch doesn't look at all like the crises of 1973 or 1979. That's why it's so scary. The oil crises of the 1970's began with big supply disruptions: the Arab oil embargo after the 1973 Israeli-Arab war and the 1979 Iranian revolution. This time, despite the chaos in Iraq, nothing comparable has happened — yet. Nonetheless, because of rising demand that is led by soaring Chinese consumption, the world oil market is already stretched tight as a drum, and crude oil prices are $12 a barrel higher than they were a year ago. What if something really does go wrong? Let me put it a bit differently: the last time oil prices were this high, on the eve of the 1991 gulf war, there was a lot of spare capacity in the world, so there was room to cope with a major supply disruption if it happened. This time there isn't.

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