The big news of the week is that the leader of the red states (not the Red states) assumed control of the US House of Representatives. He quickly promised to do things for the People, excised undesirable parts of the founding document his comrades found objectionable and ensured that enemies of the People would remain in isolated camps. Fortunately Mr. Boehner is not from Georgia, otherwise a satirist might go too far. Besides, he's more of a Trotskyist anyway (economic planning with debt-based international support, via la revolution!). This will make his job a lot more interesting.
In more mundane matters, it looks like the Consumer Finance Protection Agency has picked up a very powerful member: Mrs. Petraeus. Taken with the selection of Daley as chief of staff, it looks like we're in for the politics of making nice with powerful people over the next couple of years.
Continued pressure on oil supplies is leading to a quiet revolution in transportation and your pie maker's preferred mode of transport is getting additional support. Even gadgets are getting into the efficiency act.
The biggest international news is probably that a major oil exporter is about to split along racial and religious lines, with nary a mention on the Oil Drum. This split is worth keeping in mind as the issue of the Huck Finn edits floats around. It highlights how maintaining a cosmopolitan national identity is absolutely critical to the success of modern economies.
On the security front, things are very interesting. First of all, China's unveiled a new "stealth" jet. Despite this SecDef Gates will continue doing his thing, highlighting the general reduction in the national fear level in the US. We even have what appears to be terrorism in response to disquieting highway signs that barely made it to the front page.
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