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A New U.S. Strategy in the Global Economy?

America's banker isn't happy. At the World Trade Organization, China's representatives call on the U.S. to halt the decline of the dollar that has contributed to the rising price of food and oil (and racked up staggering losses in the value to China's $1.5 trillion in...

Drill Here. Wait 10 Years.

First John McCain, then Newt Gingrich, and now president Bush — in an apparent about-face that puts him in the position of opposing both his father and his brother — has taken to peddling offshore drilling as the quickest way to ease consumer pain at the...

Also Coming Up Empty: "Drill Here" Rhetoric

Former House Speaker Newt Gingrich is spearheading a new campaign that obscures the facts about the practical impact of opening up new lands to oil drilling. You may have already seen the ads while surfing the Web: "Drill Here. Drill Now. Pay Less." Don't be fooled....

Offshore Drilling Comes Up Empty

As Sen. John McCain gears up to give a speech in Houston, repeating his call to lift the moratorium on most drilling off America's shores, MSNBC's First Read suggests, "McCain’s call for lifting the ban could ... be seen as a pragmatic, short-term solution to high...

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