State of the Superpower

On Friday President and Iraqi Prime Minister Nouri al-Maliki reportedly agreed to a phased withdrawal of U.S. combat troops by June 2009.
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I’d add more about the number of troops exiting, conditions for the pullout, and even gloat about Bush & Company […]

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On Friday Federal regulators closed the Colombian Bank and Trust Company, a Kansas-based bank saddled with unsustainable real estate loan losses.
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Columbia Bank and Trust is the ninth FDIC insured bank to go under this year, with ninety others considered at risk. In 2007, only three banks failed.
And so the FDIC serves up another “Friday […]

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House Majority Leader Nancy Pelosi finally agreed to include provisions for limited oil exploration on the Outer Continental Shelf in new energy legislation scheduled for debate later this year.
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Last Friday The Hershey Company announced it would raise prices 11% after lowering its 2008 and 2009 earnings estimates.
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Things aren’t well at “Sugarland” if Hershey, and iconic American candy maker, keeps dropping profit estimates. I’d like to see it as a sign that […]

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Last Thursday Russian forces invaded Georgia to retake South Ossetia, a pro-Russian province. Fighting actually began when Georgian military forces attempted to retake the province, which declared independence from Georgia in the 1990s. That claim is not internationally recognized.
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Ron Suskind, author of The Way of the World: A Story of Truth and Hope in an Age of Extremism, will release interview transcripts which he claims confirm his allegation that Bush Administration officals ordered the CIA to fabricate documents linking the 9-11 terrorist attacks to Iraq.
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The United States and Iraq are close to an agreement which, if ratified, would bring all American combat troops home from Iraq by 2010.
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Although still in the negotiation stage, the deal gives Iraqi forces control over portions […]

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The White House denied claims in Ron Suskind’s new book alleging that Bush Administration ordered the CIA to forge a letter suggesting Iraqi leader Saddam Hussein had ties to the September 11, 2001 terrorist attackers.
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In what can only be described as a preemptive strike, the Democratic National Committee launched an attack against Republican Presidential nominee John McCain’s potential vice presidential choices. The website compares seven prominent Republicans to Vice President Dick Cheney.
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Despite his popularity with […]

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Despite the House of Representatives adjourning for a 5 week summer vacation, Republican members protesting high energy costs refused to leave. Energy prices are currently at record highs, with the average price of gas just under $4 a gallon.
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