Sept. 20, 2007—For years, economists have warned that the US can’t run up endless charges on the national credit card to cover its huge appetite for imported cars, oil, electronics and other goods. Someday, they said, the bill will come due. It looks like someday may have finally arrived. --WSJ A1
--“I plan now to sell my house and upgrade to a $4 million or $5 million home… Or, is that kind of American socialism reserved for hedge-fund managers, investment bankers, and private-equity moguls?”—WSJ A2—a Texas girl is being quoted here…
--Publicly, the Bush Administration has not said how it would respond if the Maliki government tries to carry out its threat to evict Blackwater, but administration officials and executives in the security contracting industry both said Wednesday that they believed that the White House and the State Department would seek to block any move by Iraq to fore the company out. … For years, government officials and members of Congress have debated what has become in Iraq the most extensive use of private contractors on the battlefield since Renaissance princes hired private armies to fight their battles. NYT A6—GWB as free enterprise dude AND Renaissance man…
-- all the principal Republican presidential candidates have decided to skip a major televised debate next week on minority issues .. In another group no-show, only Senator John McCain accepted an invitation to a TV debate on Univision, the major Hispanic network. NYT A22—why go if there’s nothing to debate?
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