Is Barack Obama steering a healthy ship out of turbulent titanic global waters?
Date: Thursday, August 20 @ 00:12:43 UTC
By: Franz J. T. Lee
August 20, 2009
capitalist world economic crisis over? Are we coming to grips
financial scandal and banking fiasco? Have we saved world
and can we now peacefully get down to big business, to big wars
very little was reported from Wall Street, are its 'Crash, Crack
Slump' really just nightmares of the remote past?
Is US President
Barack Obama steering a healthy ship of State out of the
titanic waters of the Bermuda Triangle? When will the 'Obamania'
... when will we see imperialism as a global reality?
At least, about
all this, it seems that our international mass media is trying
hard to inform us about our current development, our progress
a good neoliberal capitalism, towards the best of all possible
else is more further away from the global truth than such
fabrications and deliberate manipulatory machinations.
Let us just pay
a visit to some hot spots in the global burning crucible. Let us
start on Wall Street!
Dow Jones just
registered a 2% crash, its greatest loss over the last six weeks,
ending up with 9,135.26 points. Most stock markets are reporting
similar losses, even Shanghai reported a loss of 5.8%; Ford stocks
fell 5.87%; Freddie Mac and Fannie Mae dropped 9.22 and
Hence, in the
same tempo as the next G20 summit meeting to be held in
Pennsylvania, is approaching, the threatening dialectical
contradictions within the metropolitan countries are deepening.
but surely, inexorably the noisy grinding economic mills of the
current super depression are spelling planetary doom for
only for the super powers, but even more so for millions of
international impoverished workers.
corporate imperialism is casting them progressively into the
of the capitalist Moloch, into the pangs and fangs of human
self-destruction, of the geometric world explosion of
bondage and misery (Marx).
daily, millions and millions of wage slaves of all categories are
being caught up by the voracious tentacles of unemployment,
budget cuts, cutbacks, wage cuts, down-sizing and layoffs.
pandemic, capitalist piggery is infecting the while globe.
Not so long ago,
within a relatively very short period of time, within less than
decades ... 1929-1945 ... capitalism, severely threatened, showed
true fascist, racist grimace. Fascism ended up with the
of large sectors of capital and labor, with the destruction of
human resources and infrastructures, of Marxists, communists,
Jews and 'blacks,' especially of millions of physical labor
Europe, America, Asia, Africa and elsewhere.
global war economies, the military industrial complexes, the
dollarization of the world, the rise and fall of the super power, the
USA, began with nuclear Thanatos, with the launching of the
Manhattan Project, which produced the atomic bombs which were
on Hiroshima and Nagasaki. Thus, for mankind the only real Via
of our epoch has already commenced with capitalist lies,
myths and corporate hoaxes, like the typical cases of "Pearl
the fake "AMDs" in Iraq or the ideological mysticism around
with electoral fraud and economic corruption, concentration
Bantustans, apartheid, Gaza, torture chambers, body, mind and
control, patriot acts, full spectrum dominance, Moscow trials,
genocide, gulags, nuclear war, militarization of the planet and of
Mirror on the Wall of Woe, what will our corporate future bring
Arms of Mass
Destruction, again fox-hunting, to shoot down rabbits or Bushmen,
to quarter black slaves?
electro-magnetically to roast demonstrators, women, philosophers
scientists on the stake; who knows, in a huge black pot to make a
delicious transgenic, cloned missionary soup?
Or, will we
continue to hunt phantoms, Bin Laden, Mars creatures, or
Yes ... in
capitalism everything is possible, also in the land of trillions
of golden opportunities, of greenbacks!
national or continental chauvinism, protectionist trade policies,
'national socialism' or even economic nationalism still salvage a
crumbling dollar, a rumbling savage economy ... the United States
America and many other countries in severe recession?
happening de facto?
What is the
crux, the golden calf, of the matter?
power rivalry, economic conflicts, intra-class struggle between
USA and Europe for a future hegemonic place under the scorching,
scourging sun. According to Stefan Steinberg today, more than
"the German and French governments, in particular, have been
concerted campaign against Anglo-American domination of the
financial markets." *2)
On the verge of
the raging international class struggle, even "leftist" parties,
organizations and trade unions participate in this European
brawl, in the ruling class vendetta: "The most pernicious role in
outburst of protectionism and nationalism is being played by the
Social Democratic and nominally Communist organizations in Europe,
alliance with the trade unions. These parties and unions, in turn,
have the backing of a host of petty-bourgeois 'left'
but very logical, global imperialism is retreating towards the
forties and fifties of the previous century, towards "trade war,
colonial war and 'beggar-thy-neighbor' economic nationalism ...
many thought were peculiar to the first half of the twentieth
-- is the surest sign of the crisis and decay of the capitalist
In which way the
above global contradictions concern Venezuela?
Why is the Obama
administration throwing coals ... sorry, oil, gas and water ...
on the burning Uribe-Chavez conflict?
Why the United
States "indirect approach strategy" against Venezuela?
provocation, the planned construction of seven US military bases
Colombia, in front of the very nose of President Chavez?
According to a
recent article written by Vadim Trukhachev "PRAVDA: USA to topple
Venezuela's Chavez through 'indirect approach strategy, "experts
an opinion that the USA tries to discredit Chavez and conducts an
information war against him in order to topple the stubborn
President. It goes without saying that the USA is not going to
troops to Venezuela ... the USA acts indirectly through its ally
military experts call it the indirect approach strategy." *5)
Let us move away
from the US imperialist panorama to the European colonial
to see how corporate "neoliberal savagery" is devouring
which can be transformed into profits, hegemony and power.
European countries, especially those situated in the Baltic
are suffering from a severe recession; they even have to beg for
from the itself already bankrupt International Monetary Fund
Economically this current eastern neocolonial backyard of the
Union (EU), especially of Germany, is in total jeopardy. Ironically,
to exemplify the absurd reigning fiasco, some of the traditional
regional export markets, like Belarus and Ukraine, are themselves
precarious situation; the global downturn is forcing them also to
solace in the 'benevolent' arms of the corporate 'fairy queen,'
According to an
article written by Jordan Shilton, in Eastern Europe Lithuania is
leading the economic slump, it is surpassing Latvia, which has
recorded an economic retraction of 18 percent in the first
2009: "On July 28, Lithuania released economic figures for the
quarter of 2009, revealing a year-on-year contraction of 22.4
of GDP. The data suggests that of the 27 EU members, Lithuania
face the worst economic contraction this year." *6)
Last year when
Latvia's second largest bank, Parex Banka, crashed and was bailed
within the context of the general global economic turmoil, it
IMF aid with its well-known exploitative conditions, already
decades applied to the "Third World". Also, like in the case of
Iceland, all this is tantamount to a collapse of the Baltic economies.
In the same
velocity as layoffs and foreclosures are mounting in the USA and
elsewhere, curtailing workers' rights, all over the Baltic region,
mentioned before, the stereotypical 'remedies' are being
budget cuts, cutbacks, wage cuts, unemployment, austerity, misery
oppression. In Riga, Tallinn and Vilna (Vilnius), all these resulted
in economic contraction, followed by mass street protests and
What is the
Soon the whole
globe will be heated up with dozens of wild bush fires. Gideon
Rachman, writing in the Financial Times explains: "Despite the
region’s small size, the intensifying crisis in the Baltics cannot
treated as a freakish local squall of little concern to outsiders.
Bank failures or plunging currencies in the three Baltic nations
Latvia, Lithuania and Estonia -- could threaten the fragile
of recovery in the rest of Europe. These countries also sit on
the world’s most sensitive political fault-lines. They are the
European Union’s frontier states, bordering Russia."
What he did not
mention were the huge natural resources in the Caucasus and Baku
regions, the expansionist imperialist European drive towards the
Balkans, and thus the possible threat of a future Eurasia for
States hegemony, for a future Corporate World State, as demanded
the Club of Rome.
Obama administration is preparing the second conquest of the
Amazonia, the Antarctic and Artic and the Caribbean, their oil,
biodiversity, water, oxygen, strategic minerals and metals.
To halt all this
internationally, among others, Fidel, Che, Lenin, Trotsky and
Luxemburg told us 'What it to be Done" ... but they warned us,
true and real anti-capitalism, without philosophic theory no
3) Ibid.4) Ibid.