MUDGE’s Musings
Let’s be geopolitically strategic today.
Our writers here make the point that, while we (manifestly!) weren’t paying attention, that superpower status we earned by being the last country standing after World War II, and defended so expensively during the ensuing Cold War, has quietly left the building.
From a new addition to our blogroll, Tom Engelhardt’s TomDispatch.com, comes this bracing wake-up call.
Tomgram: Michael Klare, America Out of Gas
TomDispatch.com | posted May 08, 2008 11:01 am
These days, the price of oil seems ever on the rise. A barrel of crude broke another barrier Wednesday — $123 — on international markets, and the talk is now of the sort of “superspike” in pricing (only yesterday unimaginable) that might break the $200 a barrel ceiling “within two years.” And that would be without a full-scale American air assault on Iran, after which all bets would be off.