BTS 6/30/08: End of the Planet?; Economic Tsunami

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On tonight’s Beneath The Surface we begin with Mike Davis who proclaims the end of the planet, and he places a lot of blame on the "CEOs of fossil energy companies [who] know what they are doing and are aware of [the] long-term consequences of continued business as usual." He added that they should, in his opinion, "be tried for high crimes against humanity and nature.

We then look at a tsunami of an economic sort with Thomas Mackell – whose new book is When the Good Pensions Go Away: Why America Needs a New Deal for Pension and Health Care Reform. Mackell predicts a tsunami in global markets once the German banks reveal how much money they’ve invested in mortgage backed securities, and that is the tip of the iceberg. It’s not all doom and gloom, there are solutions too.

Read More for info on tonight's guests:

1. Mike Davis is the author of The Monster at our Door: The Global Threat of Avian Flu (New Press), Prisoners of the American Dream (Verso), Magical Urbanism, City of Quartz, Ecology of Fear, Late Victorian Holocausts, Dead Cities, Planet of Slums, and In Praise of Barbarians: Essays Against Empire. He is currently working on a book about cities, poverty, and global change.

2. Thomas J. Mackell, Jr. is the author of When the Good Pensions Go Away: Why America Needs a New Deal for Pension and Healthcare Reform. Dr. Mackell is the Chairman of the Board of Directors, Federal Reserve Bank of Richmond. He also serves an advisor and consultant in the employee benefits field in the private and public sectors with broad experience in the maritime, transportation, and steel industries and in health care, public safety, and financial services. He is also Chairman of the Board of Directors of United Benefits and Pension Services, Inc., and is president of the Association of Benefit Administrators and editor of its newsletter, Insights.