The Incredible Shrinking Superpower

By MASSIMO CALABRESI/AL JANADRIYAH

If Americans are adjusting to the idea of a weak Bush, an even tougher mental leap awaits them once he leaves office: accepting that the U.S. isn't the force abroad it was just a few years ago. The next President's hardest job may be getting the country used to that.

http://www.informationclearinghouse.info/article19964.htm



The Old Titans All Collapsed, Is the U.S. Next?

By Kevin Phillips

The United States of 2008 is the world's leading debtor, has by far the largest current-account deficit and is the leading importer, at great expense, of both manufactured goods and oil. The potential damage if the world soon undergoes the greatest financial crisis since the 1930s is incalculable. The loss of global economic leadership that overtook Britain and Holland seems to be looming on our own horizon.

http://www.informationclearinghouse.info/article19962.htm

--------

Let's Be Serious

Writing for The New York Times, Bob Herbert says, "The general election is about to unfold and we'll soon see how smart or how foolish Americans really are. The US may be the richest country on earth, but the economy is tanking, its working families are in trouble, it is bogged down in a multitrillion-dollar war of its own making and the price of gasoline has nitwits siphoning supplies from the cars and trucks of strangers."

http://www.truthout.org/docs_2006/052008T.shtml



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