On the March - A Crumbling Empire?

January 6th, 2007 at 19:46 Björn Hallberg

A crumbling empire?

• A Bad Year for Empire - “For those who believed that the precise and overwhelming demonstration of U.S. military power in Afghanistan and Iran would “shock and awe” the rest of the world — and particularly Washington’s foes and aspiring rivals — into accepting its benevolent hegemony, 2006 was not a good year.”
• US Military considers recruiting foreigners - “Foreign citizens serving in the US military is a highly charged issue, which could expose the Pentagon to criticism that it is essentially using mercenaries to defend the country. Other analysts voice concern that a large contingent of noncitizens under arms could jeopardize national security or reflect badly on Americans’ willingness to serve in uniform.”
• The United States is Insolvent - “There is simply no way for our national bills to be paid under current levels of taxation and promised benefits. Our combined federal deficits now total more than 400% of GDP.”
• The Great Wealth Transfer - “It’s the biggest untold economic story of our time: more of the nation’s bounty held in fewer and fewer hands. And Bush’s tax cuts are only making the problem worse.”

Entry 671 filed under: On the March. This entry was posted 1 year, 6 months ago. RSS feed for comments on this post.