Imperial America's End Time - by Stephen Lendman
Noted analysts on both left and right see America's empire in decline. In his 2009 book, "Global Depression and Regional Wars," James Petras said:
"All the idols of capitalism over the past three decades have crashed. The assumptions and presumptions, paradigms and prognosis of indefinite progress under liberal free market capitalism have been tested and have failed. We are living the end of an entire epoch (and are bearing witness to) the collapse of the US and world financial system," and with it America's empire.
On August 16, Paul Craig Roberts headlined his article, "The Ecstacy of Empire: How Close Is America's Demise," saying:
America's profligacy "is running out of time...." Yet "2010 has been wasted in hype about a non-existant recovery." Government-manipulated reality masks the internal rot. Wall Street handouts and imperial wars are bankrupting the country.
"US military spending reflects the unaffordable and unattainable crazed neoconservative goal of US empire and world hegemony....If the wars are not immediately stopped and the jobs (not) brought back to America, the US is relegated to the trash bin of history....Without a revolution, Americans are history." Indeed so.
In his March 18, 2008 article headlined, "The Collapse of America Power," Roberts said:
America thinks it owns the world. In fact, it "owes the world. The US 'superpower' cannot even finance its own domestic operations, much less its gratuitous wars" except through mounting debt that can't be repaid, and the more it mounts, the greater the eventual crash, working Americans to bear the burden.
In his November 16 article headlined, "Ruling on Behalf of Wall Street's 'Super Rich:' The Financial End Time has Arrived," Michael Hudson said:
"The financial End Time has arrived....(t)hanks largely to the $13 trillion Wall Street bailout - while keeping the debt overhead in place for America's 'bottom 98%" - this happy 2% of the population now receives an estimated three quarters (75%) of the returns to wealth (interest, dividends, rent and capital gains). This is nearly double what it received a generation ago. The rest of the population is being squeezed, and foreclosures are rising."
The economy is being destroyed to favor Wall Street and Pentagon militarists. Obama perpetuates this madness. "The Wurst of Obama: He's Carving the Middle Class into Sausage Filler as a Super-Meal for the Rich," and trashing America in the process.
A recent article remembered Chalmers Johnson, best known for calling America's global wars and imperialism a "suicide option" unless reversed. Access it through the following link:
Naming us our own enemy, he called our policies "arrogant and misguided," America's condition dire, and it's "too late for mere scattered reforms." We can choose - democracy to survive or perish under current policies. He said America is plagued by the same dynamic that doomed past empires unwilling to change, what he called:
"isolation, overstretch, the uniting of local and global forces opposed to imperialism, and in the end bankruptcy," combined with authoritarian rule and loss of personal freedom. In other words, tyranny and ruin, his book "Nemesis" presenting:
"historical, political, economic, and philosophical evidence of where our current behavior is likely to lead. Specifically, I believe that to maintain our empire abroad requires resources and commitments that will inevitably undercut our domestic democracy and in the end produce a military dictatorship or its civilian equivalent."