How low, can the oil go?

Analysts and economists say that oil could drop below $50 a barrel, and even under $40. However, they say it can rise just as fast. The oil prices have been on such a deep decline because of evidence that the deepening recession would have a severe impact on demand, reducing the use of oil by [...]

Veterans Day

Today we celebrate Veterans Day. Originally proclaimed by President Woodrow Wilson as Armistice Day, we celebrate the the soldiers that have fought and given their lives for our freedom. The soldiers, past and present, have fought bravely and honorably to keep our country free and we owe them our gratitude. Be sure today to talk [...]

Bush shares his thoughts on his presidency

As his presidency nears its end, a reflective President Bush suggested Tuesday he regrets some of his more blunt statements on the war on terror over the last eight years, and said he wishes he had not spoken in front of a “Mission Accomplished” banner only a month after U.S. troops in Iraq were deployed
I [...]

Obama plans to close Guantanamo

President elect Barack Obama and his advisers are crafting plans to close the Guantanamo Bay prison and prosecute terrorism suspects in the U.S. Bush had recently said that this would be “easier said than done.” Many of the 250 Guantanamo detainees are cleared for release, but the Bush administration has not able been to find [...]

Bush approval ratings drop to lowest in Presedential history

From a CNN/Opinion Research Corporation survey: only 16 percent of those questioned in a new CNN/Opinion Research Corporation survey released Monday say things are going well in the country today. That’s an all-time low. Eighty-three percent say things are going badly, which is an all-time high.

Death threats rising

Secret service has reported more than 500 death threats toward Obama in the past months. Measures are being taken to prevent any harm to the president. Something currently in development is a “super safe” limousine. A vehicle that can sustain not only all bullet attacks, but also most explosives. Obama’s wife is perhaps the most [...]

Jon Stewart: Sarah Palin is so dumb…

John Stewart rips Palin on the Daily Show. It can be seen here: The Daily Show

Bush attempts to block release of prisoner abuse photos

In September, a three-judge panel ordered the government to release photos as part of an American Civil Liberties Union lawsuit seeking information on the abuse of prisoners held in U.S. custody overseas. The Bush administration petitioned an appeals court to overturn the decision forcing the DoD to show photos of Iraq and [...]

Iran upset about Obama’s nuclear critisism

Obama had said that a nuclear armed Iran would be “unacceptable.” Iran’s parliament speaker Ali Larijani said that Obama’s message for change should also be applied to America’s views on Iran. Larijani said that the change in belief of Iran to the US wouldn’t come easily, but Obama’s election showed internal conditions in the [...]

Obama’s Change.gov Site Launches

Obama’s website will feature all the information, events and policys of the new administration.
Throughout the Presidential Transition Project, this website will be your source for the latest news, events, and announcements so that you can follow the setting up of the Obama Administration. And just as this historic campaign was, from the beginning, about you [...]