Resources, cmrds, are the root for all these evils.prepare yourselves for 
another state sponsored act of terrorism within Africa by the imperialist soon!
Sent from my BlackBerry® smartphone.

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Date: Fri, 21 Oct 2011 17:06:58 
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Subject: Re: [YCLSA Discussion] The USA’s New African Empir
        e, P    aul Craig Roberts, Counterpunch

Too painful to read 
Sent via my BlackBerry from Vodacom - let your email find you!

-----Original Message-----
From: Dominic Tweedie <[email protected]>
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Date: Fri, 21 Oct 2011 18:20:25 
To: <[email protected]>
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Subject: [YCLSA Discussion] The USA’s New African Empire, P
        aul Craig Roberts, Counterpunch


Counterpunch


*The USA’s New African Empire***


*Paul Craig Roberts, Counterpunch, USA, 21 October 2011*

Now that the CIA’s proxy army has murdered Gadhafi, what next for Libya?

If Washington’s plans succeed, Libya will become another American puppet 
state. Most of the cities, towns, and infrastructure have been destroyed 
by air strikes by the air forces of the US and Washington’s NATO 
puppets.  US and European firms will now get juicy contracts, financed 
by US taxpayers, to rebuild Libya.  The new real estate will be 
carefully allocated to lubricate a new ruling class picked by 
Washington.  This will put Libya firmly under Washington’s thumb.

With Libya conquered, AFRICOM will start on the other African countries 
where China has energy and mineral investments. Obama has already sent 
US troops to Central Africa under the guise of defeating the Lord’s 
Resistance Army, a small insurgency against the ruling 
dictator-for-life.  The Republican Speaker of the House, John Boehner, 
welcomed the prospect of yet another war by declaring that sending US 
troops into Central Africa “furthers US national security interests and 
foreign policy.” Republican Senator James Inhofe added a gallon of moral 
verbiage about saving “Ugandan children,” a concern the senator did not 
have for Libya’s children or Palestine’s, Iraq’s, Afghanistan’s and 
Pakistan’s.

Washington has revived the Great Power Game and is vying with China.  
Whereas China brings Africa investment and gifts of infrastructure, 
Washington sends troops, bombs and military bases.  Sooner or later 
Washington’s aggressiveness toward China and Russia is going to explode 
in our faces.

Where is the money going to come from to finance Washington’s African 
Empire?  Not from Libya’s oil. Big chunks of that have been promised to 
the French and British for providing cover for Washington’s latest war 
of naked aggression. Not from tax revenues from a collapsing US economy 
where unemployment, if measured correctly, is 23 percent.

With Washington’s annual budget deficit as huge as it is, the money can 
only come from the printing press.

Washington has already run the printing press enough to raise the 
consumer price index for all urban consumers (CPI-U) to 3.9  per cent 
for the year (as of the end of September), the consumer price index for 
urban wage earners and clerical workers (CPI-W) to 4.4  per cent for the 
year, and the producer price index (PPI)  to 6.9  per cent for the year.

As statistician John Williams (shadowstats.com 
<http://shadowstats.com/>) has shown, the official inflation measures 
are rigged in order to hold down cost of living adjustments to Social 
Security recipients, thus saving money for Washington’s wars.  When 
measured correctly, the current rate of inflation in the US is 11.5  per 
cent.
What interest rate can savers get without taking massive risks on Greek 
bonds? US banks pay less than one-half of one percent on FDIC insured 
savings deposits. Short-term US government bond funds pay essentially zero.

Thus, according to official US government statistics American savers are 
losing between 3.9  per cent and 4.4  per cent of their capital yearly.  
According to John Williams’ estimate of the real rate of inflation, US 
savers are losing 11.5  per cent of their accumulated savings.

As retired Americans receive no interest on their savings, they are 
having to spend down their capital.  The ability of even the most 
prudent retirees to survive the negative rate of interest they are 
receiving and the erosion by inflation of any pensions that they receive 
will come to an end once their accumulated assets are exhausted.

Except for Washington’s favored mega-rich, the one per cent that has 
captured all of the income gains of recent years, the rest of America 
has been assigned to the trash can. Nothing whatsoever has been done for 
them since the financial crisis hit in December 2007. Bush and Obama, 
Republican and Democrat, have focused on saving the 1 per cent while 
giving the finger to the 99 per cent.

Finally, some Americans, though not enough, have caught on to the 
flag-waving rah-rah “patriotism” that has consigned them to the trash 
bin of history.  They are not going down without a fight and are in the 
streets.  Occupy Wall Street has spread.  What will be the fate of this 
movement?

Will the snow and ice of cold weather end the protests, or send them 
into public buildings?  How long will the local authorities, subservient 
to Washington as they are, tolerate the obvious signal that the 
population lacks any confidence whatsoever in the government?

If the protests last, especially if they grow and don’t decline, the 
authorities will infiltrate the protestors with police provocateurs who 
will fire on the police. This will be the excuse to shoot down the 
protestors and to arrest the survivors as “terrorists” or “domestic 
extremists” and to send them to the $385 million dollar camps built 
under US government contract by Cheney’s Halliburton.

Meanwhile, lost in their oblivion, conservatives will continue to bemoan 
the ruination of the country by homosexual marriage, abortion, and “the 
liberal media.”  Liberal organizations committed to civil liberty will 
  assist Washington in demonizing its next target for military attack 
while turning a blind eye to the war crimes of President Obama.

When we consider what Israel has got away with, being as it is under 
Washington’s bought protection–the war crimes, the murders of children, 
the eviction in total disregard of international law of Palestinians 
from their ancestral homes, the bulldozing of their houses and uprooting 
of their olive groves in order to move in fanatical “settlers,” the 
murderous invasions of Lebanon and Gaza, the wholesale slaughter of 
civilians–we can only conclude that Washington, Israel’s enabler, can 
get away with far more.

In the few opening years of the 21st century, Washington has destroyed 
the US Constitution, the separation of powers, international law, the 
accountability of government, and has sacrificed every moral principle 
to achieving hegemony over the world.  This ambitious agenda is being 
attempted while simultaneously Washington removed all regulation over 
Wall Street, the home of massive greed, permitting Wall Street’s 
short-term horizon to wreck the US economy, thus destroying the 
economic  basis for Washington’s assault on the world.

Will the US collapse in economic chaos before it rules the world?

  * */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
    <http://www.easycartsecure.com/CounterPunch/CounterPunch_Books.html>, has
    just been published by CounterPunch/AK Press. He can be reached at:
    [email protected] <mailto:[email protected]>/


*From: 
http://www.counterpunch.org/2011/10/21/america%E2%80%99s-new-african-empire/* 

**
*
*

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