McCain Acts Presidential While Hillary & Barack Bicker

While Clinton & Obama duke it out in the mainstream media, Senator McCain was made a presidential-like trip to the Middle East and Europe.

WASHINGTON (AFP) — As they fight for every precious delegate, White House hopefuls Barack Obama and Hillary Clinton are trading shots on how to resolve the dilemma of Michigan and Florida, barred from the Democratic Party's nominating race.

LONDON, England (CNN) -- President Bush is still firmly in the White House, but Sen. John McCain was busy presenting the new face of Republican America to the world this week.

Down and Down The Dollar Goes

With each day that the dollar falls and the euro gains, the United States is losing grip on what little influence it had through the dollar. Several factors leading to the weak dollar are a slow economy, high energy prices, and the wars. Our economy has become almost stagnant because of the housing fiasco and rising inflation. Oil is trading for over $100 and gas will cost $4 a gallon by the summer. The wars in Iraq and Afghanistan are draining our economy of additional capital which in turn is the final blow for the dollar.

So what can possibly be done to address this issue? Everything. Nothing.

My suggestion is to make a global transition and have oil traded by the euro. This would alleviate the dollar. By switching oil sales to the euro, we would literally be taking the strong world off the back of a weak US economy. Several years ago, this was an unrealistic option. In present day it seems very real.

Click here to read some others guys opinion.

OPEC Says No

Earlier this week President Bush urged OPEC to increase oil output to ease high gas prices. In return OPEC said no way Jose.

WASHINGTON (Guardian UK) - U.S. missteps in the Middle East have estranged Washington from some long-time allies in the region and made OPEC suppliers less inclined to rescue the top consumer from record oil prices that are battering an already-fragile American economy.

WASHINGTON (AP) — President Bush is chiding OPEC for failing to pump more oil as energy prices soar and the U.S. economy slumps.

WASHINGTON (Reuters) - There is "not a lot" President George W. Bush can do in the near-term to tame record high oil prices after OPEC declined to boost output, the White House said on Thursday.

U.S. Sides With Colombia

Over the last several days, South America has grown very tense with a possible war developing between Venezuela and Colombia. The first is angry at the second for having a combat operation in neighboring Ecuardor. In the incurssion, Colombia killed several rebels and their leader. Venezuelan President Hugo Chavez was reported to have ties to the rebels and there for his reason for tension.

In speeches since the incident, Chavez has accused Colombia of being the United State's puppet. There really is nothing new about the hate mongering that Chavez spews. If this indeed leads to a conflict developing between the two nations, the future of South America's safety in jeopardy. Now is a time for diplomacy to step in and all the tough talk to subside. Lets just hope it does.

Threat of War as Venezuela and Ecuador Order Troops to Colombian Border [UK GUARDIAN]

White House: Colombia and Ecuador Should Work Out Tensions [REUTERS]

Venezuela's Chavez Blames U.S., Colombia for Crisis [HOUSTON CHRONICLE]