( – promoted by buhdydharma )
The low-key announcements of several military retrenchment measures suggest to me that the US plutocracy is sufficiently frightened by the negative economic diagnosis to abandon its recreational drug of choice: military spending. Here are the clues:
1. Today brought news of the abandonment of a costly “missile shield” to be deployed in Europe. Not only does this remove an irritant in diplomatic relations with Russia and Europe, but it portends big cutbacks in the development and deployment budgets for all Star Wars missile defense programs.
2. America has suddenly developed a lively interest in free and fair elections in Afghanistan. This is consistent with the need to de-legitimize our puppet government in order to prepare for exiting this costly and futile “war.”
3. Iraq withdrawal plans appear to be picking up speed, with no signs that an upsurge of violence in Iraq will lead to second thoughts.
4. A few bloated defense procurement programs have actually been cancelled, including F22 production and an alternate engine for the F35.
The plutocrats are very afraid that they will not be able to make the bellicose American public go cold turkey when huge defense cuts come. But defense is the only place left to cut, and they know that a hard economic rain is going to fall when the current Fed cash-for-everything bubble pops.
The British and Soviet empires did not give up their military toys until their economies collapsed. We are following a similar course. We should have done so much sooner.