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
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

America Clueless In The Middle East

Politics / Middle East Apr 01, 2015 - 06:32 PM GMT

By: John_Rubino

Politics

Starting with the CIA’s overthrow (and some would say murder) of Iran’s democratically-elected president in the 1950s and continuing through our serial invasions of Iraq and our arming of Al Qaeda and ISIS, American policy in the Middle East has been a textbook case of a superpower with more money than brains, making things vastly worse with every move and counter-move.


Now, at last, people are starting to figure this out. On a recent Daily Show, John Stewart uses some evocative language to illustrate the incoherence of today’s Middle East “policy”.

Stewart middle east)

“The Iran that we’re currently crippling with sanctions and periodically threatening to bomb is now our…I don’t wanna say ally,” Stewart said. “Battle buddy?”

At the same time, America supported a coalition led by Saudi Arabia striking Iranian-backed fighters in another Middle Eastern nation, Yemen.

“Holy shit!” Stewart said. “It took decades of destablizing conflict, but we finally figured out how to wage a proxy war against ourselves.”

Now that the US media is catching onto what the rest of the world has known for decades, a few questions:

Is this even legal? Can we just randomly bomb or otherwise intervene in other countries? Ron Paul of course has been saying no forever. And the following from Ajamu Baraka of the Institute for Policy Studies updates the argument for the current war in Yemen:

Another Illegal War in the Middle East

Saudi Arabia has commenced military operations against the Ansarullah fighters of the Houthi movement in Yemen.

The Saudi intervention was not unexpected. Over the last few weeks, there were signs that the United States and the Saudis were preparing the ground for direct military intervention in Yemen in response to the Houthis’ seizing the Yemeni capital of Sana’a last January.

With the fall of al-Anad air base, where the U.S. military and CIA conducted drone warfare in Yemen, and the seige of the port city of Aden, where disposed President Abd Rabbuh Mansur Hadi had fled, it was almost certain that the U.S. would greenlight its client states to intervene.

Saudi Ambassador Adel al-Jubeir cloaked the role of Saudi Arabia within the fictitious context of another grand coalition, this time led by the Gulf Cooperation Council (GCC) — the corrupt collection of authoritarian monarchies allied with the United States and the other Western colonial powers.

Al-Jubeir added that before launching operations in Yemen, all of Saudi Arabia’s allies were consulted. The meaning of that statement is that the U.S. was fully invested in the operation.

Even though the ambassador stressed that Washington was not directly involved in the military component of the assault, CNN reported that an interagency U.S. coordination team was in Saudi Arabia. A U.S. official subsequently confirmed that Washington would be providing logistical and intelligence support for the operation.

The intervention by the Saudis and the GCC continues the international lawlessness that the United States precipitated with its “War on Terror” over the last decade and a half. Violations of the UN Charter and international law modeled by the powerful states of the West has now become normalized, resulting in an overall diminution of international law and morality over the last 15 years.

The double standard and hypocrisy of U.S. support for the Saudi intervention in Yemen, compared to Western and U.S. condemnation of Russia’s regional security concerns in response to the coup in Ukraine, will not be missed by most people.

What exactly do we hope to get for the ~ $2 trillion we’ve spent on recent Middle East wars?
Obviously it’s mostly about oil. But does propping up “friendly” regimes actually affect this market? Can unfriendlies like Iran refuse to sell us oil? Not really. Oil is a fungible commodity, with each barrel of a given type being more or less identical to every other. If sold to, say, China, it enters the global marketplace and affects price and supply in exactly the same way as if it were sold to Germany or the US. In short, if an OPEC country wants to pay its bills it has to sell oil on the global market, which means in effect selling to the US. So while short-term disruptions like the embargoes of the 1970s are possible, they end up hurting the sellers as much as the buyers and can’t be sustained. Our interventions thus end up having virtually no impact on the long-term price of gas for American SUVs.

Meanwhile, for the cost of the past few wars, the US could have put solar panels on every Sun Belt rooftop, electric cars in every garage, and weather stripping on every New England window, obviating the need for imported oil (and for most of the coal that we now get from blowing up Appalachian mountains).

Are we protecting Israel?
One of the interesting things about ISIS, the latest Mortal Enemy to bubble up, is that it doesn’t spend much time or energy combating Zionism. It’s way more focused on stamping out heresy within Islam. In this sense it is reminiscent of 16th century European Catholics and Protestants who took turns burning each other at the stake. So a case can be made that even if Israel didn’t exist, Islam would still need its own Reformation (see There Is No God But God, by Reza Aslan).

And even if our main goal in the Middle East is to protect Israel, simply giving them $2 trillion would do the trick, without all the planes full of coffins and VA hospitals full of young soldiers with missing arms and legs.

The inescapable conclusion is that we have no idea what we’re doing. We’re simply an empire on autopilot, blundering around protecting “interests” that were defined decades ago by long-dead politicians and generals and remain unquestioned in mainstream strategic circles. We’re the Roman empire, in other words, trying to keep the barbarians at bay without the slightest idea how to do it.

Why is this appearing on DollarCollapse.com?
Because Rome ended up inflating away its currency in an attempt to pay for its empire, and the US is traveling a very similar road.

By John Rubino

dollarcollapse.com

Copyright 2015 © John Rubino - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 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