By Pepe Escobar
Asia Times
".....
As much as the 2008 financial crisis exposed the economic fallacy of US-propelled neo-liberalism, the June 28 oligarch-directed military coup in Honduras has exposed the fallacy of the Barack Obama administration's pledge to uphold democratic values around the world. Stolen elections in Afghanistan? We don't like it, but ... Military coup in Honduras? We don't like it, but ...
Brazil is a key G-20 member at the Pittsburgh summit - the largest economy in Latin America, swinging its way towards great power status, and still a key ally and trading partner of the US. Brazil may not solve the crisis in Honduras. But Lula - whom Obama immensely respects - may convince him it's time to finally come clean, and side with the people of Honduras. This might do wonders for Obama's global credibility - especially now that he has seemingly backed down on his demand for a freeze on Israeli settlements on the West Bank and East Jerusalem. (See Netanyahu and Obama: Who's fooling who?, Asia Times Online, September 24)
Were Obama not to make his move, the impression would remain that if he can't even control his own reactionary/militarist backyard in Washington, not to mention Latin America, how will he face up to Russia and China on the global stage? "
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