Tag(s): ; ; ; ; , Add Tags
Add to My Group(s)

Must Read 9   Well Said 9   Valuable 7   View Ratings | Rate It

Promoted to Headline (H3) on 7/27/10:     Permalink
View Article Stats      (23 comments)

Down To The Last Trillion in Red Ink -- US Treasury Running on Fumes

Add this Page to Facebook!
Submit to Twitter
Submit to Reddit
Submit to Stumble Upon

Tell A Friend

Become a Fan
Get Embed HTML Code
By (about the author)

Become a Fan Become a Fan  (260 fans)   -- Page 1 of 1 page(s)

opednews.com

The White House is screaming like a stuck pig. WikiLeaks' release of the Afghan War Documents "puts the lives of our soldiers and our coalition partners at risk."

What nonsense. Obama's war puts the lives of American soldiers at risk, and the craven puppet state behavior of "our partners" in serving as US mercenaries is what puts their troops at risk.

Keep in mind that it was someone in the US military that leaked the documents to WikiLeaks. This means that there is a spark of rebellion within the Empire itself.

And rightly so. The leaked documents show that the US has committed numerous war crimes and that the US government and military have lied through their teeth in order to cover up the failure of their policies. These are the revelations that Washington wants to keep secret.

If Obama cared about the lives of our soldiers, he would not have sent them to a war, the purpose of which he cannot identify. Earlier in his regime, Obama admitted that he did not know what the mission was in Afghanistan. He vowed to find out what the mission was and to tell us, but he never did. After being read the riot act by the military/security complex, which recycles war profits into political campaign contributions, Obama simply declared the war to be "necessary." No one has ever explained why the war is necessary.

The government cannot explain why the war is necessary, because it is not necessary to the American people. Any necessary reason for the war has to do with the enrichment of narrow private interests and with undeclared agendas. If the agendas were declared and the private interests being served identified, even the American sheeple might revolt.


The Obama regime has made war the business of America. Escalation in Afghanistan has gone hand in hand with drone attacks on Pakistan and the use of proxy forces to conduct wars in Pakistan and North Africa. Currently, the US is conducting provocative naval exercises off the coasts of China and North Korea and instigating war between Columbia and Venezuela in South America. Former CIA director Michael Hayden declared on July 25 that an attack on Iran seems unavoidable.

With the print and TV media captive, why doesn't Washington simply tell us that the country is at war without going to the trouble of war? That way the munitions industry can lay off its workers and put the military appropriations directly into profits. We could avoid the war crimes and wasted lives of our soldiers.

The US economy and the well-being of Americans are being sacrificed to the regime's wars. The states are broke and laying off teachers. Even "rich" California, formerly touted as "the seventh largest economy in the world," is reduced to issuing script and cutting its state workers' pay to the minimum wage.

Supplemental war appropriations have become routine affairs, but the budget deficit is invoked to block any aid to Americans--but not to Israel. On July 25 the Israeli newspaper, Haaretz, reported that the US and Israel had signed a multi-billion dollar deal for Boeing to provide Israel with a missile system.

Americans can get no help out of Washington, but the US ambassador to the UN, Susan Rice, declared that Washington's commitment to Israel's security is "not negotiable." Washington's commitment to California and to the security of the rest of us is negotiable. War spending has run up the budget deficit, and the deficit precludes any help for Americans.

With the US bankrupting itself in wars, America's largest creditor, China, has taken issue with America's credit rating. The head of China's largest credit rating agency declared: "The US is insolvent and faces bankruptcy as a pure debtor nation."

On July 12, Niall Ferguson, an historian of empire, warned that the American empire could collapse suddenly from weakness brought on by its massive debts and that such a collapse could be closer than we think.

Deaf, dumb, and blind, Washington policymakers prattle on about "thirty more years of war."

 

http://www.paulcraigroberts.org/

Paul Craig Roberts was an editor of the Wall Street Journal and an Assistant Secretary of the U.S. Treasury. His latest book, HOW THE ECONOMY WAS LOST, has just been published by CounterPunch/AK Press. He was awarded the Treasury Department's (more...)
 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

Add this Page to Facebook!      Submit to Stumble Upon      Submit to Reddit      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Blink List     (More...)

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
23 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

George Carlin said we are cirling the drain. by Mike Preston on Tuesday, Jul 27, 2010 at 9:16:25 PM
The Wars Never Stop by Timothy V. Gatto on Tuesday, Jul 27, 2010 at 10:47:43 PM
Tax Dollars by Debbie S on Tuesday, Jul 27, 2010 at 11:58:26 PM
World Bank buys Blue Berets while Treasury Fumes by hommedespoir on Wednesday, Jul 28, 2010 at 5:26:36 AM
When? by Marika on Wednesday, Jul 28, 2010 at 6:26:11 AM
Government Feasting on Blood of the People by Steven G. Erickson on Wednesday, Jul 28, 2010 at 9:51:19 AM
Based on what? by Steven Leser on Wednesday, Jul 28, 2010 at 10:11:26 AM
inability to read by paul craig roberts on Wednesday, Jul 28, 2010 at 10:32:02 AM
To: Paul Craig Roberts by Debbie S on Thursday, Jul 29, 2010 at 11:04:17 AM
Bombs and butter by Marika on Wednesday, Jul 28, 2010 at 10:59:16 AM
So Close... by mrk * on Wednesday, Jul 28, 2010 at 7:49:48 PM
You have the most amazing ability by steve scheetz on Wednesday, Jul 28, 2010 at 11:28:10 AM
So everyone is clear by steve scheetz on Wednesday, Jul 28, 2010 at 11:30:56 AM
Based on this by Jim Gawthrop on Wednesday, Jul 28, 2010 at 11:58:13 AM
keep it simple by bruce powell on Wednesday, Jul 28, 2010 at 11:50:18 AM
Down To The Last Trillion by werner roberts on Wednesday, Jul 28, 2010 at 12:02:30 PM
Yes, recently there was an official explanation by Bill Hare on Wednesday, Jul 28, 2010 at 1:41:46 PM
I like the idea of them just taking the money and leaving us by conrad elledge on Wednesday, Jul 28, 2010 at 5:09:14 PM
We all see the same thing by Elizabeth Hanson on Wednesday, Jul 28, 2010 at 5:27:40 PM
Cut Your Losses America, and Send Back the Bill by boomerang on Wednesday, Jul 28, 2010 at 7:04:41 PM
Unfortunate clarification by William Waugh on Thursday, Jul 29, 2010 at 2:24:43 AM
Oops by William Waugh on Thursday, Jul 29, 2010 at 2:32:47 AM
2 party system ? ? ? by Matthew Peters on Sunday, Aug 1, 2010 at 8:58:50 PM