Five Minutes to Midnight
The Roads To War And Economic Collapse
November 23, 2011: The day before the Thanksgiving
holiday brought three extraordinary news items. One was the report on
the Republican presidential campaign debate. One was the Russian
President’s statement about his country’s response to Washington’s
missile bases surrounding his country. And one was the failure of a
German government bond auction.
As the presstitute media will not inform us of what any of this means, let me try.
With the exception of Ron Paul, the only candidate in either party
qualified to be the president of the US, the rest of the Republican
candidates are even worst than Obama, a president who had the country
behind him but sold out the American people to the special interests.
No newly elected president in memory, neither John F. Kennedy nor
Ronald Reagan, had the extraordinary response to his election as Barak
Obama. A record-breaking number of people braved the cold to witness his
swearing in ceremony. The mall was filled with Americans who could not
see the ceremony except as televised on giant screens.
Obama had convinced the electorate that he would end the wars, stop
the violation of law by the US government, end the regime of illegal
torture, close the torture prison of Guantanamo, and attend to the real
needs of the American people rather than stuff the pockets of the
military/security complex with taxpayers’ money.
Once in office, Obama renewed and extended the Bush/Cheney/neoconservative wars.
He validated the Bush regime’s assaults on the US Constitution. He
left Wall Street in charge of US economic policy, he absolved the Bush
regime of its crimes, and he assigned to the American people the
financial cost necessary to preserve the economic welfare of the
One would think such a totally failed president would be easy to
defeat. Given an historic opportunity, the Republican Party has put
before the electorate the most amazingly stupid and vile collection of
prospects, with the exception of Ron Paul who does not have the party’s
support, that Americans have ever seen.
In the November 22 presidential “debate,” the candidates, with the
exception of Ron Paul, revealed themselves as a collection of ignorant
warmongers who support the police state. Gingrich and Cain said that
Muslims “want to kill us all” and that “all of us will be in danger for
the rest of out lives.”
Bachmann said that the American puppet state, Pakistan, is “more than
an existential threat.” The moron Bachmann has no idea what is “more
than an existential threat.”
However, it sounded heavy, like an intellectual thing to say for the
candidate who previously declared the long-defunct Soviet Union to be
today’s threat to the US.
Any sentient American who watched or read about the Republican
presidential debate must wonder what there is to be thankful for as the
national holiday approaches.
The Russian government, which prefers to use its resources for the
economy rather than for the military, has decided that it has been
taking too many risks in the name of peace. The day before Thanksgiving,
Russian President Dmitry Medvedev said, in a televised address to the
Russian people, that if Washington goes ahead
with its planned missile bases surrounding Russia, Russia will respond
with new nuclear missiles of its own, which will target the American
bases and European capital cities.
The President of Russia said that the Russian government has asked
Washington for legally binding guarantees that the American missile
bases are not intended as a threat to Russia, but that Washington has
refused to give such guarantees.
Medvedev’s statement is perplexing. What does he mean “if Washington goes ahead?” The American missile and radar bases are already in place. Russia is already surrounded. Is Medvedev just now aware of what is already in place?
Russia’s and China’s slow response to Washington’s aggression can
only be understood in the context of the two countries’ experience with
communism. The sufferings of Russians and Chinese under communism was
extreme, and the thinking part of those populations saw America as the
ideal of political life. This delusion still controls the mentality of
progressive thinkers in Russia and China. It might prove to be a
disaster for Russia and China that the countries have citizens who are
aligned with the US.
Belief in Washington’s trustworthiness even pervades the Russian
government, which apparently, according to Medvedev’s statement, would
be reassured by a “legally binding guarantee” from Washington. After
the massive lies told by Washington in the 21st century–”weapons of mass
destruction,” “al Qaeda connections,” “Iranian nukes”–why would anyone
put any credence in “a legally binding guarantee” from Washington? The
guarantee would mean nothing. How could it be enforced? Such a
guarantee would simply be another deceit in Washington’s pursuit of
The day prior to Thanksgiving also brought another extraordinary
development–the failure of a German government bond auction, an
Why would Germany, the only member of the EU with financial
rectitude, not be able to sell 35 per cent of its offerings of 10-year
bonds? Germany has no debt problems, and its economy is expected by EU
and US authorities to bear the lion’s share of the bailout of the EU
member countries that do lack financial rectitude.
I suspect that the answer to this question is that the failure of the
German government’s bond auction was orchestrated by the US, by EU
authorities, especially the European Central Bank, and private banks in
order to punish Germany for obstructing the purchase of EU member
countries’ sovereign debt by the European Central Bank.
The German government has been trying to defend the terms on which
Germany gave up control over its own currency and joined the EU. By
insisting on the legality of the agreements, Germany has been standing
in the way of the ECB behaving like the US Federal Reserve and
monetizing the debt of member governments.
From the beginning the EU was a conspiracy against Germany. If
Germany remains in the EU, Germany will be destroyed. It will lose its
political and economic sovereignty, and its economy will be bled in
behalf of the fiscally irresponsible members of the EU.
If Greeks will not submit to the tyranny, why should Germans?
Paul Craig Roberts was an editor of the Wall Street Journal and an Assistant Secretary of the U.S. Treasury. His latest book, HOW THE ECONOMY WAS LOST, has just been published by CounterPunch/AK Press. He can be reached at: PaulCraigRoberts@yahoo.com
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