State of the Superpower

Weighing Evidence For and Against the Decline of America

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Entries from September 2008

And Hell Just Froze Over

September 29th, 2008 · No Comments

Despite assurances from both parties, the $700 billion bailout failed to pass through Congress Monday afternoon.
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Considering how much voters hated the plan, it really shouldn’t come as a surprise the bailout vote fell short. The […]

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Tags: Economy · Politics

Warren Likes The Bailout

September 28th, 2008 · No Comments

In a closed door meeting with Congressional negotiators, Billionaire Warren Buffett said the United States faces “its biggest financial meltdown in American history,” if Congress fails to pass the proposed financial bailout.
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Click for Current Crisis Not The Failure Of Market Economics
Click for Some Investors Clean Up On Mortgage Mess
The […]

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Tags: Economy

Double Standard

September 28th, 2008 · No Comments

When the bailout bill passes, and despite all the rhetoric and posturing, it will pass, Wall Street could feel the fallout for years to come.
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Click for Candidates Likely To Back Bailout
And that fallout comes in the form of middle America’s disgust with the market, as they see […]

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Tags: Economy · Industry · Infrastructure · Iraq War · Politics

Street Cred

September 27th, 2008 · No Comments

With the first presidential debate now in the history books and considered a draw, the focus is now on the vice presidential debates. Specifically, the focus is on Republican vice presidential candidate Sarah Palin.
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And that focus is causing considerable worry in some Republican circles. In […]

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Tags: Politics

EPA Fuel For Thought

September 22nd, 2008 · 2 Comments

Today the Environmental Protection Agency ruled that perchlorate, a toxic chemical found in rocket fuel, does not pose enough of a health risk to require cleanup.
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Perchlorate has contaminated soil, groundwater […]

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Tags: Health Care · Industry · Military · Politics

Mr. Paulson’s Plan

September 21st, 2008 · 3 Comments

Treasury Secretary Henry Paulson, along with top aides and ranking members of Congress, has spent the weekend crafting the largest government bailout in American history. The legislation, which will be sent to Congress next week, seeks $700 billion to provide market and banking stability and (hopefully) avoid a full scale Wall Street meltdown.
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Tags: Economy · Politics

No Vote For You

September 19th, 2008 · 1 Comment

Macomb County, Michigan Republican Party Chairman James Carabelli admitted his party plans to use a list of foreclosed homes to stop people from voting in this year’s November election. Using lists of foreclosed homes, along with vote caging, is part of the Michigan Republican Party’s strategy to challenge some voters on Election Day.
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Tags: Politics · Uncategorized

Where Did That Go

September 17th, 2008 · 3 Comments

A recent audit of Bureau of Alcohol, Tobacco and Firearms revealed the agency failed to account for 76 weapons and 418 laptop computers.
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Click for ATF Lost Dozens Of Weapons & Laptops
The audit, which covered the period between October 1, 2002 through August 31, 2007, revealed a loss rate […]

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Tags: Politics

Rove Said What

September 15th, 2008 · 5 Comments

For anyone wondering just how nasty the 2008 US Presidential Election has become, on Sunday former Bush adviser Karl Rove said Republican candidate John McCain had gone “one step too far” in recent ads attacking Democratic candidate Barack Obama.
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Tags: Politics

Pathway to 9-11

September 11th, 2008 · 4 Comments

To mark the 7th anniversary of the September 11, 2001 terrorist attacks, FOX News ran the following opinion piece alleging a conspiracy of censorship regarding the 2006 film The Path to 9/11.
Click for John Ziegler’s Censoring ‘The Path to 9/11″
The unedited version of the film unequivocally blames former President Bill Clinton for failing to kill […]

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Tags: Politics