$1.2 Trillion single day loss defines "New Order"

To the Bush, Rumsfeld and Cheney boys the notion of a 'new order' seemed once to be a grand idea. It seemed appropriate to them and their supporters that the US should head up this new order with a handful of puppet-states like the UK propping up the theory with great enthusiasm. 

Now, only a few deficit-laden months from his retirement to the farm (he is about ready for the farm) we are finally sharing the grand vision he and his friends had in store for us.

Thanks Georgie, thanks a lot.

Is there room on the farm for the rest of us?

The world.

The answer my friend is blowing in the wind.

BIG MISTAKE

The USA, through the conduit of its leaders, has taken it upon itself to save the world (so it says) by saving itself.

How noble.

Give it a while and lets see where this takes us (the world).

Tough love follows shortly as it is unlikely that the world (that would be 'us') is likely to step in to the breach when the US debt machine grinds to an inevitable halt sometime soon - winter 2009 or early 2010.

The banks should be allowed to go down with the rest of the so called 'system' - the world can survive quite cheerfully without the US. It is arrogant to think otherwise. No offense guys, but hey, enough already. 

Alfred E. Newman

Rumour mill

Robson to run for second term.

Furrowed brows mean nothing

The worried looks on the faces of the incumbent and the two candidates belie their intentions.

The massed congress and senators staring questioningly into the cameras belies the survivor in each one of them.

When someone, anyone, stands up and says: "I'll take a 50% pay cut if it will help my country." Then the political and economic leadership may, at a stretch, regain some of its credibility.

Searching as they are for some technical solution to this man-made fiscal fiasco is tantamount to searching for a pardon. How can US electorate pardon the unpardonable? One means them no disrespect of course, but it is their country, their politicians, their views and their vote.

No matter how long he may plan or how bitter he feels or how well-financed and supported he is, Osama Bin Laden would be hard-pressed to wreak as much havoc on the United States through acts of terrorism has the US electorate has managed through negligence to weaken itself to the degree that it has.

Terrorists can relax for many years to come, the US is well on the way to self-terror.

One is conscious that a 50% pay cut for each individual in the public service in the United States, politicians and staff, would resolve the problems of the US in a blink of an eye.

In the meantime we watch bemused as greed knocks at the foundations of a once meaningful sovereignty.

The American dream is just that.

When dreams become reality - Wall Street 2008.