End of the empire – The current financial crisis signals a global shift
By: George Ochenski

America’s citizens continued their broad revolt against the proposed $700 billion taxpayer bailout of Wall Street in a mass protest rarely seen in this country. The left, the right and the middle are howling in unison and in such numbers that the congressional website was overwhelmed on Monday when the House rejected the Bush administration’s bailout bill. Another vote is planned, but regardless of its success or failure one thing seems clear: America’s future will be much different from its past—and politicians of all stripes had best be rethinking our nation’s priorities, including the economic and geopolitical realities of our far-flung empire.

Here at home, most of the news surrounding the financial panic on Wall Street is totally focused on the “crisis” demanding immediate and large-scale action. But when articles examine what the American people are telling their congressional delegations, it’s quite a different story.

Overwhelmingly, the citizens are against the bailout for all the right reasons, including that they no longer believe the boy who cried wolf. Bush’s credibility is now so low that, despite personal lobbying by both the president and vice president, more members of their own party voted against the bill in the House than did Democrats. To their credit, Montana’s Democrat Sen. Jon Tester and Republican Rep. Denny Rehberg have both said they are against the measure because of what they’re hearing from Montanans and neither wants to be rushed into approving the enormously expensive plan pushed by the financial “experts”—many of whom are blamed for getting us into this mess in the first place.

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