So the families of the nearly 3,000 lost soldiers and rest of the American and Iraqi people need to understand that: President Bush worked nearly three hours at his Texas ranch on Thursday to design a new U.S. policy in Iraq, then emerged to say that he and his advisers need more time to craft […]
Three years ago tomorrow night was when our news channels filled with images of bombs exploding in Baghdad. 9:34pm est. time will mark the anniversary of the actual start of the invasion. So where have we gone since then? Well we did make it to Baghdad with little effort. We did find Saddam Hussein. That’s about it […]
We raise the national debt. That measure was passed by Congress today and sent to Bush for his signature. The Senate voted Thursday to allow the national debt to swell to nearly $9 trillion, preventing a first-ever default on U.S. Treasury notes. The bill passed by a 52-48 vote. The increase to $9 trillion represents […]
AFP Reports AL-AHMADI, Kuwait (AFP) – Kuwait announced that it had made a major gas find in the north of the emirate that promised to sharply reduce its dependence on imports from the other Gulf states. “We can say now that Kuwait has entered the world of natural gas,” Energy Minister Sheikh Ahmad Fahd al-Sabah […]
Bloomberg has this interesting yet troubling piece of news regarding Bush’s new budget: Feb. 6 (Bloomberg) — Under President George W. Bush’s new budget, the federal deficit would decline gradually until 2010 and then start rising again, as the full impact of his requested permanent tax cuts and other proposals is felt. Bush’s budget for […]
Well this is some disturbing information coming from the treasury: Treasury Secretary John Snow has warned that unless Congress raises the national debt limit, the US government will run out of cash to finance its daily work in two months. In a letter to Senate leaders Thursday, Snow said the statutory debt limit imposed by […]