I must admit that I’ve been feeling like there’s just nothing new to say. Since I started blogging, I figured this day would come, and I’m a little surprised that it’s taken so long… but here we are.
The presidential campaign continues, but it seems to have reached the stage where each candidate just repeats the same thing in the different ways every day. The media covers it, or not, depending on their whim. And bloggers either rant about it, or ignore it.
Congress continues to demonstrate their lack of concern for the slow dismantling of the Constitution.
What all of this is really about — the reason why political elites like Nancy Soderberg are so eager to defend it — is because they really do believe that lawbreaking isn’t wrong, that it doesn’t deserve punishment, when engaged in by them rather than by commoners. People who defend telecom immunity or who say that it’s not a big deal are, by logical necessity, adopting this view: “Our highest political officials and largest corporations shouldn’t face consequences when they break our laws as long as they claim it was for our own good.” That’s the destructive premise that lies at the heart of this deeply corrupt measure, the reason it matters so much. Just like the pardon of Nixon, the protection of Iran-contra criminals, and the commutation of Lewis Libby’s sentence, this bill is yet another step in cementing a two-tiered system of justice in America where our highest political officials and connected elite can break our laws with impunity.
There’s a decent chance President Bush will embroil us in yet another failed war before he leaves office.
The Bush Administration, while publicly advocating diplomacy in order to stop Iran from pursuing a nuclear weapon, has increased clandestine activities inside Iran and intensified planning for a possible major air attack. Current and former American military and intelligence officials said that Air Force planning groups are drawing up lists of targets, and teams of American combat troops have been ordered into Iran, under cover, to collect targeting data and to establish contact with anti-government ethnic-minority groups. The officials say that President Bush is determined to deny the Iranian regime the opportunity to begin a pilot program, planned for this spring, to enrich uranium.
The economy continues to be in the tank, and it seems likely that Republican policies will only continue making things worse.
But behind all of this is the one fundamental fact that economic analysts would rather not dwell on: American consumers are at the end of their ropes. High energy prices have contributed to it, as have high food prices. Consumer confidence is plunging. Housing prices are still dropping, which means the piggy banks of home equity and refinancing are closing.
But without consumers, there’s no one to buy all the goods and services we create. Sure, big American companies are doing fine abroad, but foreign sales can’t sustain them. Nor can exports. Hence, bond defaults by companies are up. Earnings are down.
And so, it continues… there really isn’t any new news, and there isn’t really any hope of new news. So, what exactly is there to blog about?