Thursday, June 23, 2011

U.S. Gears Up for War Number Six

U.S. Gears Up for War Number Six by Doug Bandow

"The United States is broke. This year it is spending a record $3.8 trillion, 40 percent of which is being borrowed. The national debt, now over $14 trillion, could double over the next decade if serious budget economies are not made. However, a host of new expenses are likely: Fannie Mae and Freddie Mac continue to lose money, the FDIC continues to close banks and the Pension Benefit Guarantee Corporation continues to accumulate liabilities. Worse, a realistic assessment of Social Security and Medicare reveals an unfunded liability of more than $100 trillion.

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All this while America is spending more on the military than at any time since World War II. The United States accounts for almost half of the globe’s military outlays. In real terms “defense” expenditures have doubled over the last decade.

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Of course, the United States could defeat the Syrian military. Though bombing alone might not be enough, unless it was far heavier and deadlier than that occurring in Libya. But the question is: “Then what?” That is the question which policy makers failed to ask and answer in Iraq, Afghanistan and Libya. Assume Assad is killed or deposed. Then what? Who rises to power? Who protects religious and ethnic minorities? Who creates liberal democracy? Who manages the religious divide among Sunni, Shia and Alawite? Who contains the unanticipated and inadvertent consequences of literally blowing up another country?"


Is Obama Only Postponing the Inevitable? by Patrick J. Buchanan
"But the people who should be indicted by history are not those who, after half a trillion dollars and a decade of bleeding, decided to cut America’s losses, but those who stampeded this country into two of the longest and least necessary wars in the history of the republic."

Excuse me, Pat. These people should be indicted by the justice system, not history.


Bill

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