The Wages of Hegemony

Catapulting Propaganda

By PAUL CRAIG ROBERTS
CounterPunch

""See, in my line of work you got to keep repeating things over and over and over again for the truth to sink in, to kind of catapult the propaganda."

Bush, at the Athena Performing Arts Center at Greece Athena Middle and High School Tuesday, May 24, 2005 in Rochester, NY

When he departs the White House on 20 January, 2009, the current resident will bequeath to the American people and the next administration an interminable war in the Middle East and a depreciated currency.

And that's the good news. It assumes there is a successor administration and that no Cheney-contrived "national emergency" will make it possible for Bush to test drive National Security Presidential Directive/NSPD-51 and Homeland Security Presidential Directive/HSPD-20 to cancel the 2008 election.

Neoconservatives led by vice president Dick Cheney remain determined to effect "regime change" in Iran. The allegation of weapons of mass destruction falsely brought against Iraq is now being deployed against Iran......

The decline in American power and influence could be dramatic. Part of America's power results from European countries going along with Washington. However, the sharp rise in the Euro's value has hurt European exports, squeezing profit margins, wages, and encouraging offshore production. Fights over monetary policy between European capitals could doom both the EU and the Euro, leaving the world with no reserve currency and America with embittered former allies....."