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December 1, 2008 at 17:01:34

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Promoted to Headline (H3) on 12/1/08:
The Cost of Hegemony is Beyond Reach

by Paul Craig Roberts     Page 1 of 1 page(s)

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Undeterred by massive budget deficits from wars, a falling economy, and financial bailouts, the US government has managed to start a new cold war with Russia. Last Friday, the Russian military announced that it was developing a new generation of ballistic missiles in response to the US government's decision to deploy ballistic missile defenses in Poland and the Czech Republic.

The "peace dividend" that the Reagan-Gorbachev accord provided has been squandered by an arrogant American government seeking world hegemony.

In 2002 the Bush regime unilaterally withdrew from the Anti-Ballistic Missile Treaty that the US government signed with the Soviet Union in 1972. This treaty stabilized the "assured mutual destruction" that prevented the two military superpowers from initiating war, thus averting a nuclear holocaust for 30 years.

When the Soviet government released its Eastern European "captive nations," the US government promised not to recruit the Baltic and Eastern European countries for NATO membership. The US government pledged that NATO would not be brought to Russia's borders. There would be a neutral zone between the Western military alliance and Russia. The American government broke this promise as quickly as it could, bringing former constituent parts of the Russian empire into the American empire.


Last October Admiral Michael Mullen, Chairman of the US Joint Chiefs of Staff, went to Lithuania to give a guarantee to the Baltics of US military intervention in the event of a Russian attack. Like the British guarantee that Chamberlain gave Poland in 1939, a guarantee that precipitated World War II, Mullen's guarantee is worthless unless the US government initiates nuclear war with Russia in defense of the tiny Baltic republics, which would be wiped out by the radiation fallout.

The US has tried to incorporate the Ukraine and Georgia, constituent parts of Russia for centuries, into NATO. To clear the way for NATO membership, the Bush regime encouraged the American puppet ruler of Georgia to cleanse provinces, attached to Georgia by Stalin, of Russians in order to end secessionist movements. When Russian troops drove the American and Israeli trained and equipped Georgian army out of the Russian parts of Georgia, the US government lied that Russia had invaded Georgia.

This malevolent lie was too much for the Russians and too much of the rest of the world. It was plain to all that the US, an aggressor state striving to encircle Russia with bases even to the edge of central Asia, had initiated a war that it then blamed on Russia. After Afghanistan, Iraq, Bush's defense of Israel's 2006 war criminal attack on Lebanon, and Bush's false claims of an Iranian nuclear weapon, few, if any, countries any longer believe pronouncements of the US government. The US is regarded worldwide as an aggressor state that lies through its teeth.

This means that unless China decides to play the US and Russia off in order to emerge as the sole world power, there is no one to finance America's side of the new cold war that the US government has created.

The only other way Washington can finance a new arms race with Russia is to cancel Social Security and Medicare, and to repudiate its massive foreign debts. If Washington does this, the likely result would be revolution at home and isolation internationally.

For decades Washington has prevailed because the US dollar is the reserve currency. It is the world's money. This advantage allows Washington to purchase almost every other government. There are governments all over the world, from Europe to Egypt, from Ukraine to South Korea to Japan, that are owned by Washington. When Washington speaks of spreading freedom and democracy, Washington means it has purchased more governments to do its will.

These purchased governments do not represent their people. They represent American hegemony.

Now that the Great Hegemon is bankrupt and its economy is collapsing, thanks to unbridled greed, American influence is waning. The US dollar cannot survive the massive red ink that the US generates.

When the dollar collapses, the image of a strutting Washington as "the world's only superpower" will evaporate. The evil that is the American government will find itself at war with its own people and those of the rest of the world.

 

Paul Craig Roberts, a former Assistant Secretary of the US Treasury and former associate editor of the Wall Street Journal, has held numerous academic appointments. He has been reporting shocking cases of prosecutorial abuse for two decades. A new (more...)
 

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4 comments


A Cornered Beast

The US may plan to start another world war to stimulate the war machine economy and to get out of paying its debts.

I can see no other reason for provoking Russia the way it's doing.  And Obama is going along with the plan - at least the provoking Russia part. 

by wagelaborer (6 articles, 1 quicklinks, 9 diaries, 307 comments [34 recommended, 0 rejected]) on Monday, Dec 1, 2008 at 5:32:59 PM

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Reply: What they have done

is to try to transfer all that private debt onto our backs and then they will try to bill us for it. However, they may be in for a surprise.

by Peter Duveen (13 articles, 0 quicklinks, 15 diaries, 197 comments [30 recommended, 0 rejected]) on Monday, Dec 1, 2008 at 8:15:52 PM

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The Collapsing Empire

All former Great Powers "Empires" have fallen and they have all ultimately made the same mistakes.  Spreading bases around the world, spending too little on infrastructure, spending too much on maintaining military superiority and ignoring the welfare of their respective nations.

There could be long term benefits from the collapse of the US empire for the people, if we can survive the short term civil unrest and emerge a true democracy.

Unfortunately when nations collapse, so do the governments and we know not what will replace ours.  Some form of totalitarian regime most likely.  

These are interesting times - and we will all get to watch the fall accelerate as we enter the beginning of 2009... 

by August Adams (11 articles, 0 quicklinks, 1 diaries, 585 comments [11 recommended, 0 rejected]) on Tuesday, Dec 2, 2008 at 12:02:20 AM

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Total agreement --- Empire is THE issue

The following is the letter I sent Paul as feedback on his article in the 'principled' libertarian/right Antiwar.com:

Paul, an excellent article.

No one in this bipartisan, multiracial, multi-gender, multi-ideological,
co-operative 'team' of supposed rivals is going to be out of step, for the
simple reason that they are all (for the first time) working for the same
ruling-elite 'corporate financial Empire', and it is now crucially important
that they not rock the boat if global hegemony is to be maintained.

Both the 'new' war-team, and the 'new' financial-team are indivisibly linked
in the ruling-elite's plans for more overt Empire.

Per the "war cabinet", as the WSJ and Brit Hume on FOX TV call it, - Gen.
James Jones is very instructive.

Jones happens to be the "president and chief executive of the United States
Chamber of Commerce Institute for 21st Century Energy".

Jones's message is endorsed by the entire ruling-establishment board of
COCI, including; Spencer 'oily' Abraham, George 'racist' Allen, Frank
'Carlyle Group' Carlucci, Dr. Henry 'war criminal' Kissinger, Dr. George 'I
gave you dubya' Shultz, and other assorted corporate/government crooks, in
an Open Letter to the 'changeable' new President Elect -- which advocates,
what George Bush infamously termed, "whatever it takes", to keep their
ruling-elite corporate militarist, financial, energy Empire alive:

http://www.uschamber.com/xxi/open_letter.html

The reason that the war-cabinet and the finance-cabinet are so key to what
this global Empire plans is that oil, money and war are just different sides
of the Empire's pyramid scheme.

Oil and money are today the two-sides of the global hegemon's power, while
war is the means to monopolize both.

How many times, during this latest financial crisis, have we heard, "we must
live within our means economically" and yet the 'corporate financial Empire'
insists that certain crucial aspects of their ruling financial empire, like
CITI, Goldman, Morgan, BofA, etc. are "too big to fail".

The same is true of energy. Average Americans are warned to "live within
their means" on energy, but domestic energy is only 5%, while the U.S. uses
25% - and when that does not balance, any more than Wall Street's finances
balance, the answer that the empire's talking-heads give on TV is that
certain countries (like Iraq) and whole areas of the world are simply "too
important to fail" - thus, like the money centers of the empire, these
energy centers of the same empire need to be saved (for the ruling-elite)
with our money and our sons' blood.

Yes, Paul, the three-legged stool of global hegemony based on money, energy,
and military is unstable --- but lacking money and energy, the hegemon may
prefer to use it's 'Queen' of ultimate military power and war to avoid being
check-mated.

Sincerely,

Alan MacDonald

Sanford, Maine

 

This is the concurring article from the  'principled' left anti-war WSWS:

http://www.wsws.org/articles/2008/dec2008/pers-d02.shtml

 

 

by Alan MacDonald (11 articles, 0 quicklinks, 1 diaries, 131 comments [43 recommended, 1 rejected]) on Tuesday, Dec 2, 2008 at 8:45:38 AM

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