Joshua Holland is Senior Digital Producer at BillMoyers.com, and host of Politics and Reality Radio. He's the author of The 15 Biggest Lies About the Economy. Drop him an email or follow him on Twitter.
Even as Iraq verges on splintering into a sectarian civil war, four big oil companies are on the verge of locking up its massive, profitable reserves, known to everyone in the petroleum industry as "the prize."
The threat posed by terrorists -- like that of the Soviet menace during the Cold War -- has been massively exaggerated, and the public is understandably terrified. It's time for Americans to get a grip.