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OpEdNews Op Eds    H3'ed 11/29/10

Imperial America's End Time

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Imperial America's End Time - by Stephen Lendman

Noted analysts on both left and right see America's empire in decline. In his 2009 book, "Global Depression and Regional Wars," James Petras said:

"All the idols of capitalism over the past three decades have crashed. The assumptions and presumptions, paradigms and prognosis of indefinite progress under liberal free market capitalism have been tested and have failed. We are living the end of an entire epoch (and are bearing witness to) the collapse of the US and world financial system," and with it America's empire.

On August 16, Paul Craig Roberts headlined his article, "The Ecstacy of Empire: How Close Is America's Demise," saying:

America's profligacy "is running out of time...." Yet "2010 has been wasted in hype about a non-existant recovery." Government-manipulated reality masks the internal rot. Wall Street handouts and imperial wars are bankrupting the country. 

"US military spending reflects the unaffordable and unattainable crazed neoconservative goal of US empire and world hegemony....If the wars are not immediately stopped and the jobs (not) brought back to America, the US is relegated to the trash bin of history....Without a revolution, Americans are history." Indeed so.

In his March 18, 2008 article headlined, "The Collapse of America Power," Roberts said:

America thinks it owns the world. In fact, it "owes the world. The US 'superpower' cannot even finance its own domestic operations, much less its gratuitous wars" except through mounting debt that can't be repaid, and the more it mounts, the greater the eventual crash, working Americans to bear the burden.

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