James Petras click here examines Obama's foreign policy appointments and finds the largest collection of Zionist militarists outside of Avigdor Lieberman's far right political party in Israel.
Petras concludes that Obama's "diplomatic" team has Iran in its sights, an hostility that meshes with Israel's own intent. Not realizing that a member of the press had been mistakenly invited to a selected audience, the Israeli ambassador to Australia said that Israel's attack on Gaza was a dress rehearsal for a major attack on Iran. Netanyahu, the expected winner of Israel's March elections, has again declared that Israel will not permit Iran to have a nuclear energy program as it would provide the basis for developing nuclear weapons.
It makes no sense for Israel to baldly state its intention to attack Iran if Israel does not mean it. What if the Iranians believe the Israelis and decide to strike first with their long-range missiles?
These banksters, and the negligent federal regulators that enabled them, should be put in prison, not handed hundreds of billions of dollars.
Instead, Obama has appoined one of the chief orchestrators of the rip off to the helm of the Treasury. Obama's National Economic Council is just as depressing. Clinton's Treasury Secretary, Larry Summers, is its head. Summers recently declared that he had no inkling that a financial crisis was about to hit. Why did Obama put a person without a clue in charge?
Why not appoint Ron Hira and Nouriel Roubina, who predicted the crisis, to the National Economic Council?
With Israel's most fervent American allies whispering in one ear and banksers and offshoring propagandists whispering in the other, how can President Obama fulfill any of the hopes that people have?
The discouraging fact is that even when faced with crisis in the economy and in foreign policy, the American political system is incapable of producing any leadership. Here we are in the worst economic crisis in a lifetime, perhaps in our history, and on the brink of war in Pakistan and Iran while escalating the war in Afghanistan, and all we get is a government made up of the very people who have brought us to these crises.
Just as the Bushites could not admit the failure of their man, the Obamacons will not be able to admit the failure of their man.
The era of American leadership has passed. America's shyster financial system has brought economic crisis to the world. America's wars of aggression are seen as serving no purpose except the enrichment of the military industries associated with Dick Cheney. The world is looking elsewhere for leadership.
Putin reminded the World Economic Forum that "just a year ago, American delegates speaking from this rostrum emphasized the US economy's fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years."
Putin made his case that the existing financial system based on the US dollar and American financial hegemony has failed.