One of the enduring blemishes on the Bush administration's record is its shabby treatment of then-Army chief of staff Eric Shinseki. Shinseki's sin was twofold: In the run-up to the Iraq war, he contradicted the received wisdom of President Bush's top civilians at the Pentagon and he was proved right.
In February 2003, he told the Senate Armed Services Committee that it could take "something on the order of several hundred thousand soldiers" to secure and maintain the peace in Iraq.
As a parting shot from the Bush Administration, courtesy of the gun lobby, those who seek the solitude and beauty of some national parks and wildlife refuges will face the fact that the visitor standing next to them just may be packing heat and is ready to use it at the first sign of any unfriendliness, such as an argument over a camping space.
President-elect Barack Obama said the economy seems destined to get worse before it gets better and he pledged a recovery plan "that is equal to the task ahead."
Obama also said in an interview broadcast Sunday that the survival of the domestic car-making capacity is important, yet any bailout must be "conditioned on an auto industry emerging at the end of the process that actually works."
The five Blackwater Worldwide guards indicted for a deadly 2007 Baghdad shooting are all decorated military veterans who have served in some of the world's most dangerous hotspots.
According to lawyers for the guards, the men are: Donald Ball, a former Marine from Valley City, Utah; Dustin Heard, a former Marine from Knoxville, Tenn.; Evan Liberty, a former Marine from Rochester, N.H.; Nick Slatten, a former Army sergeant from Sparta, Tenn.; and Paul Slough, an Army veteran from Keller, Texas.
Record numbers of homeowners are falling behind on mortgage payments and the U.S. economy is losing jobs at an alarming rate with companies big and small slashing their work force.
A half-million American jobs disappeared month, the worst mass layoffs in more than three decades, as the nation spiraled downward in what could be the hardest hard times since the Great Depression.
Not surprisingly, neither the outgoing Bush administration, President-elect Barack Obama nor the Democratic leaders of Congress wants to be blamed for the loss of a once-proud domestic auto industry and the disappearance of hundreds of thousands of jobs.Read More
With the economy sinking faster, employers are giving more Americans dreaded pink slips right before the holidays.
The Labor Department releases a new report Friday that's expected to show the employment market deteriorated in November at an alarming clip as the deepening recession engulfed the country.
Leave it to diet Marxists G.W. Bush, Henry Paulson, and Ben Bernanke to saddle American taxpayers with $8.347 trillion in bailout commitments, yet not spend a thin dime on incentives to revive the U.S. economy. In fact, the faintest echo of an incentive is not a Reaganite act of commission, but a Reagan-lite act of omission.
Congress opened a shiny, new visitor's center on Dec. 2. The $621 million underground complex opened four years behind schedule and $400 million over budget -- hardly extraordinary in Washington, D.C.
What is noteworthy is a last minute change to the center's edifice: A cheap plaster plaque with the nation's official motto "In God We Trust," now covers up "E Pluribus Unum." The defunct motto had been engraved in marble before anyone noticed the error.
For the past 12 months, President George W. Bush has assured a skeptical nation that America's economy is strong and that we're not in a recession.
Today, the National Bureau of Econmic Research said what most Americans already knew: The U.S. is officially in a recession. In fact, it has been in a recession since December 2007.
Which means Bush lied.
The White House is now accepting the fact that the country is in a recession but is trying to spin the story by pointing out what it calls the positive steps the Bush Administration is taking to bring about economic recovery.
Meanwhile, the Dow closed down 700 points.Read More