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Global Depression and Regional Wars - Part II

By       Message Stephen Lendman       (Page 1 of 17 pages)     Permalink

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Global Depression and Regional Wars - Reviewing James Petras' New Book: Part II - by Stephen Lendman


Part II continues Petras' analysis of the global depression, regional wars, and the decline of America's empire.


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Obama's Latin American Policy


At all times under all administrations, policy, not rhetoric, defines priorities, and it's no different for Obama. With regards to Latin America and its people, he's been hostile and dismissive by:

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-- allocating half a billion dollars "in military and related aid" to aid the right wing Calderon regime and militarizing the US - Mexican border;


-- on the pretext of fighting drugs trafficking and regional security, funding to Mexico and Colombia goes for military purposes; Colombia gets the most - billions under Plan Colombia; economic aid is ignored;


-- beyond the timeline of Petras' book, Hugo Chavez and other regional leaders voiced concern over Washington's intention to supply Colombia with new weapons and technology, continued billions for the hardline "Uribe doctrine," and of greatest concern the plan to access seven new military bases - three airfields, two naval installations, and two army bases besides nine others currently stationing US forces all supplemented by the reactivated Fourth Fleet in April 2008;

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-- continuing US trade policies that have been devastating to regional farmers and peasants; likely new protectionist measures will hurt them more;


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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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