We can heartily praise Alexis Tsirpras for calling bull on the destructive puzzle palace economics thrust on his country by the hypocrites and liars who rule from Brussels. And his finance minister designate, economist Yanis Varoufakis, is surely on the right track when he targets the rent-seeking bankers, big businesses and media operators who have plundered the Greek state for decades.
Indeed, his pledge that “we are going to destroy the Greek oligarchy system” should resonate throughout the length and breadth of Europe. After all, what has smothered growth, enterprise and hope in the EU is exactly the kind of crony capitalist corruption of economic life and exploitation of the state that had already wrecked the Greek economy—-even before the Trioka administered the coup de’ grace.
So the Syriza Shock is an inflection point. It represents the beginning of the end of unimpeded rule by the elitist apparatchiks who dominate the central banks and the economic policy machinery of Brussels, Washington and London. Overwhelmingly, their half-baked Keynesian and statist solutions have propped up the giant banks, fueled stupendous inflation of financial assets and enabled an era of obscene gambling windfalls to the very rich which is unprecedented in modern history.
The notion of a New Cold War with Russia first arrived in 2008 with the publication of Edward Lucas' book The New Cold War: The Future of Russia and the Threat to the West. It received some attention at the time, but the cold war construct in its title gained little traction until the 2014. Since the Ukraine has been in crisis the phrase "a New Cold War" has become fairly commonplace in the media. Part of the reason for this is that the emotional memory of the Cold War is still strong and 'cold war' remains an easy, ready and convenient trope for media commentators in need of dramatic content. However, we should be concerned with more than rhetorical overreach by writers of headlines, book titles and opinion pieces.
While "a New Cold War" has not yet been adopted as an official framework for US foreign and military policy, there are many foreign and military policy-makers who will be tempted by its appeal. We should be circumspect about following them down this path.
The Cold War
The original Cold War amplified, displaced, and generalized the post-WWII tension between the USSR and its former Western allies. As it developed it infected and transformed international relations globally, undermining potentials for integration and cooperation everywhere and in every field, including commerce. It fed on itself, rendering many lesser disagreements and disputes intractable once they were sucked into the dominant framework of highly conflictual and militarized relations. From a global and historical perspective, this became an inefficient and destructive dynamic.
Yemen Coup and the Week in Review -- McAdams and Taylor
A quick review of the Sunni vs. Shia split and how that drives violence in the Middle East. What does the ascendence of a Shia insurgency to power in Yemen last week mean for the balance in the region, especially with the death of the Saudi king?
Foreign Troops in Ukraine? You Bet!
US-backed president of Ukraine, Petro Poroshenko, was among the elites gathering in Davos, Switzerland this week to attend the 2015 World Economic Forum. During his speech he made the remarkable claim that 9,000 Russian troops were currently fighting in Ukraine on behalf of the independence-seeking areas of the country. These 9,000 troops have brought with them tanks, heavy artillery, and armored vehicles, he claimed. "Is this not aggression?" he asked the gathered elites.
Kucinich: Obama’s Wars Stand in Way of His SOTU Wish List
Commenting Wednesday in a Sky News panel discussion, Ron Paul Institute for Peace and Prosperity Advisory Board Member Dennis Kucinich questioned how President Barack Obama planned to pay for the “wish list” of government programs Obama presented in the State of the Union speech of the previous night while the US spends trillions of dollars on empire.
Breaking the Mold: Rick Sanchez Interviews Ron Paul
In his recent appearance on the Rick Sanchez Show, RPI Chairman Ron Paul discussed why the Founders favored liberty and were very skeptical of democracy. Also, is Obama finally starting to get Cuba policy right? Ron Paul made the point that when he was campaigning down in Miami last time it was the young people who agreed with him most about the futility of maintaining the US embargo of Cuba. What about the drug war? All this and more in a very interesting 20 minute discussion.
Is The FBI Busting Terror Plots or Creating Terror Plots?
Last week's arrest of 20 year old Ohio resident Christopher Lee Cornell for allegedly plotting to shoot up the US Capitol was yet another in dozens of spectacular FBI takedowns of dangerous terrorists out to do all of us harm. Or was it?