Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
S&P Stock Market Detailed Trend Forecast Into End 2024 - 25th Apr 24
US Presidential Election Year Equity Performance in the Presence of an Inverted Yield Curve- 25th Apr 24
Stock Market "Bullish Buzz" Reaches Highest Level in 53 Years - 25th Apr 24
Managing Your Public Image When Accused Of Allegations - 25th Apr 24
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Fool's Errand: NATO Pledges Four More Years of War in Afghanistan

Politics / Afghanistan Jul 11, 2016 - 05:10 PM GMT

By: Dr_Ron_Paul

Politics

The longest war in US history just got even longer. As NATO wrapped up its 2016 Warsaw Summit, the organization agreed to continue funding Afghan security forces through the year 2020. Of course with all that funding comes US and NATO troops, and thousands of contractors, trainers, and more.

President Obama said last week that the US must keep 3,000 more troops than planned in Afghanistan. The real reason is obvious: the mission has failed and Washington cannot bear to admit it. But Obama didn't put it that way. He said:


"It is in our national security interest, especially after all the blood and treasure we've invested over the years, that we give our partners in Afghanistan the best chance to succeed."

This is how irrational Washington's logic is. Where else but in government would you see it argued that you cannot stop spending on a project because you have already spent so much to no avail? In the real world, people who invest their own hard-earned money in a failed scheme do something called "cut your losses." Government never does that.

Isn't 15 years of US "blood and treasure" enough of a "best chance" to succeed?

NATO Secretary General Jens Stoltenberg announced at the summit that thanks to an additional billion dollars in NATO member-country donations, the organization had come up with close to the $5 billion per year that it has pledged to the Afghan government. Of that $5 billion you can guess who is paying the lion's share. That's right, we are. We send $3.45 billion every year to, according to Transparency International, the third most corrupt country on earth -- while Americans struggle with unemployment, stagnant wages, and inflation. That is why I always say that foreign aid is money stolen from poor people in the United States and sent to rich people overseas.

NATO head Stoltenberg said, "Our message is clear: Afghanistan doesn't stand alone. We're committed for the long haul." How nice of the Norwegian politician to commit Americans to financing the war in Afghanistan for "the long haul."

When I suggested in a recent interview that the only sensible US policy in Afghanistan would be to bring all the troops home, the host asked whether I was worried the Taliban would rush in to fill the vacuum. That's what has already happened, I said. The Taliban are stronger than ever in Afghanistan. They control more territory than at any time since the original US invasion in 2001. Despite 15 years of US interventionism, nearly 2,500 dead US soldiers, and well over a trillion dollars, Afghanistan is no closer to being a model democracy than it was before 9/11. It's a failed policy. It's a purposeless war. It is a failed program.

The neocons argue that Iraq, Libya, and other US interventions fell apart because the US did not stay long enough. As usual they are wrong. They failed and they will continue to fail because they cannot succeed. You cannot invade a country, overthrow its government, and build a new country from the ground up. It is a fool's errand and Washington has turned most Americans into fools. It's time to end this game and get back to the wise foreign policy of the founders: non-intervention in the affairs of others.

Dr. Ron Paul
Project Freedom

Congressman Ron Paul of Texas enjoys a national reputation as the premier advocate for liberty in politics today. Dr. Paul is the leading spokesman in Washington for limited constitutional government, low taxes, free markets, and a return to sound monetary policies based on commodity-backed currency. He is known among both his colleagues in Congress and his constituents for his consistent voting record in the House of Representatives: Dr. Paul never votes for legislation unless the proposed measure is expressly authorized by the Constitution. In the words of former Treasury Secretary William Simon, Dr. Paul is the "one exception to the Gang of 535" on Capitol Hill.

Dr. Ron Paul Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in