Global News

The story of the long twilight struggle that ended government subsidized housing in Houston.

Bill Clinton promised voters in 1992 that he would shrink the defense budget, reorder Cold War priorities and rein in America's undercover warriors who had sold guns to the Ayatollah, supported an illegal Nicaraguan war, bankrolled Manuel Noriega and secretly armed Saddam Hussein.

Welcome to the digital frontier, where network by network, metaphor by metaphor, a splendid, global, multimedia palace is being built through trial and error.

To the city's social elite, Teresa Rodriguez seemed to talk sense. Did she also talk them out of $30 million?

Depending on how money is defined, the nation's supply is either flat or running out of control. The confusion may be intentional.

California's new $10 billion energy bailout plan is being greeted with skepticism by both industry experts and consumer groups. That’s not surprising because the state of California, which has already proven itself to be “the gang that couldn’t deregulate”, has rushed to implement an emergency plan that looks increasingly like a band-aid on a severe gut-shot wound.

The coalition of unions, consumer and women's groups who have been fighting the bankruptcy law are just about out of ammo. Both houses of Congress are expected to pass the measure this week, and President Bush has said he's ready to sign it into law.

It looks as if oil politics could be the vehicle for George W. Bush to define his administration's geo-strategic principles, solidify support in Congress,  reward his supporters in the energy "bidness" and unify the country behind his foreign policy, just as it was for his father. That does not necessarily  mean a repeat of the Persian Gulf War, but oil provides an ideal vehicle for restating the imperial American policy abroad.