The authority of the U.S. federal government has eroded to the vanishing point. No longer do the three branches of government possess significant authority. Their collective ability to right the listing ship of empire has been negated by forces large…
When American Empire completes its fall, we will not have the ability to sacrifice one big bank just to rescue an even larger corporate entity along with an ill-devised government program. Instead, we’ll be focused on the only economic system too big to fail: Earth.
First Rahm Emanuel — Barack Obama’s chief of staff — said torture is okay, as long as we’re the ones doing the torturing. In a sharp turn toward an ethical position, Obama himself actually concurred with the rule of law, indicating we just might prosecute those responsible for torturing alleged terrorists (which, according to the Bush administration, includes anybody Dubya says … because he says).
Change has arrived. After all the hate-filled, mudslinging nastiness, after soaring rhetoric and hollow promises, after lies, rumor, and innuendo, after poor predictions and poorer behavior, change has finally arrived.
For those of you not paying attention to the news last week, here’s a quick summary: The United States economy nearly collapsed, taking the world economy with it. Only a quick infusion of cash by the Treasury Department prevented full-scale collapse. The problem: peak oil. The solution, such as it is: print money, sensu Weimer Republic. Ben “Helicopter” Bernanke is living up to his nickname, and he’s getting a loan from Henry Paulson.