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

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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/

Dr. Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. He was associate editor and columnist with the Wall Street Journal, columnist for Business Week and the Scripps Howard News Service. He is a contributing editor to Gerald Celente's Trends Journal. He has had numerous university appointments. His book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is available here. His latest book,  How America Was Lost, has just been released and can be ordered here.

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In this video Carlin talks about the practice of d... by Mike Preston on Tuesday, Jul 27, 2010 at 9:16:25 PM
Where do we get the money to fight these wars? We ... by Timothy V. Gatto on Tuesday, Jul 27, 2010 at 10:47:43 PM
Tax dollars is where they get the money from. Peop... by Debbie S on Tuesday, Jul 27, 2010 at 11:58:26 PM
The war-crazed Congress voting everlasting funding... by hommedespoir on Wednesday, Jul 28, 2010 at 5:26:36 AM
"Ignorance is bliss" This seems to be the truth fo... by Marika on Wednesday, Jul 28, 2010 at 6:26:11 AM
The Government, military, police, courts, and all ... by Steven G. Erickson on Wednesday, Jul 28, 2010 at 9:51:19 AM
The odd thing about this article is that the headl... by Steven Leser on Wednesday, Jul 28, 2010 at 10:11:26 AM
I am astounded by people who comment before they h... by paul craig roberts on Wednesday, Jul 28, 2010 at 10:32:02 AM
The Ascent of Money: The Financial History of the ... by Debbie S on Thursday, Jul 29, 2010 at 11:04:17 AM
Perhaps the comparison between WWII and the presen... by Marika on Wednesday, Jul 28, 2010 at 10:59:16 AM
You came SO CLOSE right there with that "At the en... by mrk * on Wednesday, Jul 28, 2010 at 7:49:48 PM
to simply bypass those pesky facts and bits of dat... by steve scheetz on Wednesday, Jul 28, 2010 at 11:28:10 AM
I was responding to the "based on what" comment.... by steve scheetz on Wednesday, Jul 28, 2010 at 11:30:56 AM
What is the nature of wealth, and wealth creation?... by Jim Gawthrop on Wednesday, Jul 28, 2010 at 11:58:13 AM
As I just suggested in the headline article next t... by bruce powell on Wednesday, Jul 28, 2010 at 11:50:18 AM
Adolf Hitler's Germany was bankrupt too when it ta... by werner roberts on Wednesday, Jul 28, 2010 at 12:02:30 PM
given as to why were at war in Afghanistan. I happ... by Bill Hare on Wednesday, Jul 28, 2010 at 1:41:46 PM
Thanks for the fine piece here. I especially liked... by conrad elledge on Wednesday, Jul 28, 2010 at 5:09:14 PM
Thank you Mr. Roberts for another excellent essay!... by Elizabeth Hanson on Wednesday, Jul 28, 2010 at 5:27:40 PM
Expansion, Imperialism, and gross foreign wars (oc... by boomerang on Wednesday, Jul 28, 2010 at 7:04:41 PM
Another great article, thanks for coming back. Unf... by William Waugh on Thursday, Jul 29, 2010 at 2:24:43 AM
I misspelled missile and Israel above. Note the ti... by William Waugh on Thursday, Jul 29, 2010 at 2:32:47 AM
The last time that any administration did anything... by Matthew Peters on Sunday, Aug 1, 2010 at 8:58:50 PM