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Doug Henwood. “Gross: loss of US hegemony bad for investors.” February 3, 2003.

http://mailman.lbo-talk.org/2003/2003-February/003242.html. Accessed July 9, 2008.

That such a hegemony has been based upon (1) America's military domination and (2)
America's superior economy as reflected by the dollar's ascension to the top of the pile as the
world's reserve currency - is undeniable. All hegemonies including Britannia's (since the fall of
Napoleon to the end of WWI), have shared similar characteristics. As current leader of the
pack, America has been able to implement policies (free trade, open capital markets, and a
strong currency) which have not only reflected its political heritage and philosophy but have
added dollars and cents to its citizens' pocket books, as well as SUVs to their driveways. But
the U.S., unlike the British Empire rests on a fragile foundation built upon consumer spending
and trade deficits as opposed to mercantilism and trade surpluses, which characterized
Britannia's rule. These deficits, coming at a time of American military expansion in pursuit of
terrorist containment, threaten to reverse our hegemonic benefits and end our economic
domination. Our SUVs, as well as our top cat near-monopoly of the good times are at risk.

NIALL FERGUSON; Wall Street Journal; The End of Power; June 21, 2004; pg 1

We tend to assume that power, like nature, abhors a vacuum. In the history of world
politics, it seems, someone is always bidding for hegemony. Today it is the United
States; a century ago it was Britain. Before that, it was the French, the Spaniards
and so on. The 19th-century German historian Leopold von Ranke, doyen of the
study of statecraft, portrayed modern European history as an incessant struggle for
mastery, in which a balance of power was possible only through recurrent conflict.

“Offshore Wind Ready to Reduce Oil Dependence.” Cape Wind Associations. January 2, 2008.
http://www.capewind.org/news844.htm. Accessed July 7, 2008.

Today offshore wind power can reduce reliance on oil fired power plants, in the future offshore
wind power will also be able to supply fuel to cars, buses and trucks as the transportation sector
develops 'plug-in hybrid' technology to derive more power from electricity to use less oil.

The U.S. Department of Energy produced an Offshore Wind Framework in 2005 that found
there is enough offshore wind power long-term potential to meet most of the nation’s electricity
needs.

Tony Jones. “Oil and the politics of war.” Australian Broadcasting Corporation. TV Transcript.
May 2, 2003. http://www.abc.net.au/lateline/stories/s777903.htm. Accessed July 9, 2008.

Mr Monbiot is a prominent opponent of the war in Britain and claims that the US is "positioning
itself to become the gatekeeper to the world's remaining oil and gas supplies" which, he says,
will massively increase "it's hegemonic power".

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