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Today's Stories October 28, 2008 James G. Abourezk October 27, 2008 Michael Hudson Barbara Rose Johnston John Dinges Mike Whitney Mary Lynn Cramer Greenspan's Higher Power Alan Farago David Michael Green Andy Worthington George Wuerthner Niranjan Ramakrishnan Website of the Day October 24 / 26, 2008 Alexander Cockburn Ishmael Reed Mike Whitney Don Santina Scott Boehm Saul Landau Ron Jacobs Binoy Kampmark Linn Washington Jr. Nicole Colson Bernard Chazelle Brian Jones Christopher Brauchli Benjamin Dangl Val Strange Steve Early David Macaray Allison Kilkenny Richard Rhames Jim Bell Kris De Welde Barry Clemson Adam Engel Mark Scaramella Tuli Kupferberg Lorenzo Wolff Poets' Basement Website of the Weekend October 23, 2008 Allan J. Lichtman Todd Chretien John Ross Peter Morici Mats Svensson Marlene Martin Robert Jensen / Margaret Kimberley Deepak Tripathi David Morris Website of the Day October 22, 2008 Brian Cloughley Heather Gray Jeff Birkenstein Ralph Nader DC Larson David Swanson Keeanga-Yamatta Taylor Race and the Election: When the "Real" America Enters the Voting Booth Larry Everest Robert Fantina Martha Rosenberg Stephen Martin Website of the Day October 21, 2008 Vijay Prashad Paul Craig Roberts Corey D. B. Walker Steve Breyman Eric Toussaint Wajahat Ali Robert Weitzel Brendan Cooney Dave Lindorff Marqueece Harris-Dawson / Bob Wing Patrick B. Barr Omar Barghouti Website of the Day October 20, 2008 Michael Hudson Anthony DiMaggio Tariq Ali Uri Avnery Bill Quigley Ben Rosenfeld David Michael Green William S. Lind Chris Genovali Stephen Martin Howard Lisnoff David Yearsley Website of the Day October 17 / 19, 2008 Alexander Cockburn Jeffrey St. Clair Pam Martens Paul Craig Roberts Mike Whtney Michael D. Yates Suzanne Smith Carl Boggs Ralph Nader Fidel Castro Dave Marsh Saul Landau Jo Guldi Kevin Zeese Larry Everest Steve Early David Macaray Ben Terrall Missy Beattie Don Monkerud Helen Redmond Dan Bacher Wajahat Ali Farzana Versey Vladimir Frolov Kim Nicolini Poets Basement Website of the Day October 16, 2008 Mike Whitney Jonathan Cook Ayesha Ijaz Khan Alan Maass Chuck O'Connell Mary Lynn Cramer P. Sainath Andy Worthington Peter Gelderloos Stephen Martin Douglas Valentine Website of the Day
October 15, 2008 Steve Conn William P. O'Connor Robert Weissman Jonathan M. Feldman Ron Jacobs Conn Hallinan Justin Podur Karl Grossman Dave Lindorff Eric Walberg Martha Rosenberg Uri Avnery Monica Benderman Website of the Day
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October 28, 2008 The End of the American RoadThe New Neo-Con RealityBy PAUL CRAIG ROBERTS
The New American Century lasted a decade. Financial crisis and defeated objectives in Iraq, Afghanistan, and Georgia brought the neoconservative project for American world hegemony crashing to a close in the autumn of 2008. The neocons used September 11, 2001, as a “new Pearl Harbor” to give power precedence over law domestically and internationally. The executive branch no longer had to obey federal statutes, such as the Foreign Intelligence Surveillance Act or honor international treaties, such as the Geneva Conventions. An asserted “terrorist threat” to national security became the cloak which hid US imperial interests as the Bush Regime set about dismantling US civil liberties and the existing order of international law constructed by previous governments during the post-war era. Perhaps the neoconservative project for world hegemony would have lasted a bit longer had the neocons possessed intellectual competence. On the war front, the incompetent neocons predicted that the Iraq war would be a six-week cakewalk, whose $70 billion cost would be paid out of Iraqi oil revenues. President Bush fired White House economist Larry Lindsey for estimating that the war would cost $200 billion. The current estimate by experts is that the Iraq war has cost American taxpayers between two and three trillion dollars. And the six-week war is now the six-year war. On the economic front, the incompetent neocons overlooked the fact that a country that relocates its industry and best jobs abroad in order to maximize short-run profits becomes progressively economically weaker. Propagandistic talk about a “New Economy” built around financial dominance covered up the fact that the US was the world’s greatest debtor country, dependent on foreigners to finance the daily operation of its government, the home mortgages of its citizens, and its military operations abroad. In Iraq the neocons gave up their hegemonic military pretensions when they put 80,000 Sunni insurgents on the US Army’s payroll in order to scale down the fighting and reduce US casualties. In Afghanistan the neocons gave up more military pretensions when they had to rely on NATO troops to fight the Taliban. US military pretensions came to an end in Georgia when the Bush Regime sent Georgian troops to ethnically cleanse South Ossetia of Russian residents in order to end the secessionist movement in the province, thereby clearing the path for Georgia’s NATO membership. It took Russian soldiers only a few hours to destroy the US and Israeli trained and equipped Georgian Army. The ongoing financial crisis has put an end to the pretensions of American financial hegemony and free-market illusions that deregulation and offshoring had brought prosperity to America. In a long article, “The End of Arrogance,” on September 30, the German news magazine Der Spiegel observed:
Looking at his defeated adversary, George W. Bush, brought down by military and economic failure, Iranian President Ahmadinejad observed: “The American empire in the world is reaching the end of its road, and its next rulers must limit their interference to their own borders.” Truer words were never spoken. Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. He was Associate Editor of the Wall Street Journal editorial page and Contributing Editor of National Review. He is coauthor of The Tyranny of Good Intentions. He can be reached at: PaulCraigRoberts@yahoo.com
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