Jeez, what a month!!!... The only thing that hasn't happened yet is...
Forges - El País
In short, for the first time since the end of World War II, no country or strong alliance of countries has the political will and economic leverage to secure its goals on the global stage. Nouriel Roubini
David Seaton's News Links
Even at the best of times, the Japanese apocalypse, something that insurance companies like to call an "act of God", would transfix the world with its reminder of how precarious life is, and how much pathetic optimism lies in the words, "see you later". But now, in addition, the sinister and invisible, man-made horror of atomic radiation shows us more clearly still how fragile and vulnerable, how mysteriously complex our carefully constructed society is: we are living the terror of the sorcerer's apprentice.
And, of course, these are not the best of times.
The scale and terror of Japan's tragedy pushes things like the Saudi invasion of tiny Bahrain, the home base of the US Navy's 5th fleet, down to footnote size, but the potential of Saudi Arabia's actions to affect our lives could quickly become much greater than any tsunami imaginable. We might be looking at the "Sarajevo" of a war on the Persian Gulf that would paralyze the world economy at a moment when nuclear power is finished as an option.
A Saudi led, Sunni crackdown on Bahrain's Shiites, could bring in Iran, Saudi Arabia's own Shiites, who are a majority in its oil provinces... and even Iraq to their defense. The situation that developed would no longer be about Iran's nuclear program, but about the rights of a persecuted majority... and where and how America could intervene in such a clusterfuck to any benefit is hard to see. There is a growing air, an odor, of powerlessness coming off of Washington.
Great power, the perception of that power, is there... and then it isn't.
American power was built around a large, healthy, well-fed population, great manufacturing capacity, cheap energy, good public education, solid money, a general national political consensus, a victorious military and a solid and growing middle class. After the collapse of the Soviet Union the USA has attempted to organize the affairs of the planet into a economic and military "New World Order" based upon that power and in America's image... all of whose elements, except "large", are now, simultaneously, in crisis.
And this is not just happening "out there somewhere".
What is happening in Michigan and Wisconsin, shows that in the US today, even middle-aged and middle-class Americans and not just the right-wingers or WTO "anarchists" appear ready to take their grievances "to the streets" in response to what is being called "financial martial law" and doing so in a manner nothing like the university-youth led anti-war protests of the prosperous, full employment 1960s.
Whether in labor relations, or health or financial sector reform, or Guantanamo prison, or the wars in Afghanistan, or Iraq, or the Israeli settlement policies, or Egypt, or Libya, or Bahrain, the White House appears frozen like a rabbit paralyzed in an oncoming car's headlights.
I suppose though that this ineffectual catatonia is to be preferred to the decisiveness and "moral clarity" of a fool like Obama's predecessor.
Let's face it, Barack Obama won his Nobel Peace Prize by simply not being George W. Bush... It is impossible to exaggerate how relieved the world, and most Americans with them, felt that the most powerful (or at least the most dangerous) country on earth was no longer governed by a murderous idiot.
Not being Bush is a wonderful thing, but it isn't really a solution to America's problem, because Bush wasn't the problem itself, only an outward sign, a symbol of that problem. The problem is still there... with bells on.
Not being Bush is a wonderful thing, but it isn't really a solution to America's problem, because Bush wasn't the problem itself, only an outward sign, a symbol of that problem. The problem is still there... with bells on.
Obama is going to have to draw some clear red lines somewhere, sometime, but I think that is going to be difficult for him... it would be like Microsoft manufacturing airplanes... that is not how they got where they are.
My basic reading of Barack Obama and his difficulties remains more or less the same: he got where he is by appearing to be all things to all men. In this he is a genius... I have never ever seen such footwork before. Comparing Obama's powers of triangulation to Bill Clinton's or Tony Blair's is like comparing Einstein to your high school algebra teacher. But finally, he is going to have to play the ball where it lies. To do that, however, would be to betray his very nature, his strategy of life, which is ambiguity.
He may soon find himself in a great war, plus a great depression, without ever really understanding how it happened to him. DS
He may soon find himself in a great war, plus a great depression, without ever really understanding how it happened to him. DS
