26 September 2005

America is Running Out of Time

This from Paul Craig Roberts' latest article published on Counter Punch:

Iraq War Winners: Al-Qaeda, Iran and Military Contractors

"Bush used deceit and hysteria to lead America into a war that is bleeding the US economically, militarily, and diplomatically. The war is being fought with hundreds of billions of dollars borrowed from foreigners. The war is bleeding the military of troops and commitments. The war has ended the US claim to moral leadership and exposed the US as a reckless and aggressive power...
[snip]
..."Global labor arbitrage is rapidly dismantling the ladders of upward mobility and thereby endangering American political stability. This threat is far greater than any Osama bin Laden can mount..."

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