After supposedly abandoning the much-touted cap-and-trade scheme due to a lack of support, Senate Majority Leader Harry Reid introduced a scaled-back $15 billion energy bill that supporters hope will muster enough votes. But it�s already coming under attack from all angles, and critics are warning that the carbon regime could still be in the cards.

Governor Schwarzenegger of California on Wednesday ordered furloughs for 156,000 of the state’s 237,000 employees. The estimated savings from these furloughs is $150,000,000 per month — only $80,000,000 of which comes from savings in general revenue — a drop in the bucket compared to the overall state deficit which stands at $19,000,000,000.

Last month, The New American chronicled President Barack Obama’s presumed intention to circumvent the legislative process and issue an executive order, a fiat altering the immigration status of the millions of illegals that have invaded the nation over the past decade.

The mainstream media have been quick to write off the recent Russian spy scandal as an inconsequential matter, a case of the gang that couldn't shoot straight. These were bumbling wannabe spies who didn't obtain anything of value, goes the standard narrative. (See, for instance, here, here, here, and here.) Reporters and commentators seem to see nothing amiss in the snap decision by the Obama administration to send the ring of deep-cover moles back to Russia only 11 days after their arrests, despite the fact that the FBI had sunk thousands of man-hours and millions of dollars into the investigation over the course of a decade.

“A U.S. audit has found that the Pentagon cannot account for over 95 percent of $9.1 billion in Iraq reconstruction money, spotlighting Iraqi complaints that there is little to show for the massive funds pumped into their cash-strapped, war-ravaged nation,” reports the Associated Press.

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