The Cost of U.S. Hegemony is Beyond Reach
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
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
“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
promised not to recruit the Baltic and Eastern
European countries for NATO membership. The
US
government pledged that NATO would not be brought to
neutral zone between the Western military alliance
and
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
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
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
state striving to encircle
of central
had initiated a war that it then blamed on
Russia
Afghanistan
Bush`s defense of
Israel
criminal attack on
Lebanon
false claims of an Iranian nuclear weapon, few, if
any, countries any longer believe pronouncements of
the
worldwide as an aggressor state that lies through
its teeth.
This means that unless
order to emerge as the sole world power, there is no
one to finance
of the new cold war that the
US
created.
The only other way
Washington
can finance a new arms race with
and Medicare, and to repudiate its massive foreign
debts. If
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
owned by
Washington
Washington
speaks of spreading freedom and democracy,
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
When the dollar collapses, the
image of a strutting
“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 [email
him] was Assistant
Secretary of the Treasury during President Reagan`s
first term. He was Associate Editor of the Wall
Street Journal. He has held numerous academic
appointments, including the William E. Simon Chair,
Center for Strategic and International Studies,
Georgetown University, and Senior Research Fellow,
Hoover Institution, Stanford University. He was awarded
the Legion of Honor by French President Francois
Mitterrand. He is the author of
Supply-Side Revolution : An Insider`s Account of
Policymaking in Washington;
Alienation
and the Soviet Economy and
Meltdown: Inside the Soviet Economy,
and is the co-author
with Lawrence M. Stratton of
The Tyranny of Good Intentions : How Prosecutors and
Bureaucrats Are Trampling the Constitution in the Name
of Justice. Click
here for Peter
Brimelow`s Forbes Magazine interview with Roberts
about the recent epidemic of prosecutorial misconduct.