October 17, 2014
Exclusive: America’s neoconservatives, by stirring up trouble in the Middle East and Eastern Europe, are creating risks for the world’s economy that are surfacing now in the turbulent stock markets, threatening another global recession, writes Robert Parry.
By Robert Parry
If you’re nervously watching the stock market gyrations and worrying about your declining portfolio or pension fund, part of the blame should go to America’s neocons who continue to be masters of chaos, endangering the world’s economy by instigating geopolitical confrontations in the Middle East and Eastern Europe.
Of course, there are other factors pushing Europe’s economy to the brink of a triple-dip recession and threatening to stop America’s fragile recovery, too. But the neocons’ “regime change” strategies, which have unleashed violence and confrontations across Iraq, Syria, Libya, Iran and most recently Ukraine, have added to the economic uncertainty.
Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland during a press conference at the U.S. Embassy in Kiev, Ukraine, on Feb. 7, 2014. (U.S. State Department photo)
This neocon destabilization of the world economy began with the U.S.-led invasion of Iraq in 2003 under President George W. Bush who squandered some $1 trillion on the bloody folly. But the neocons’ strategies have continued through their still-pervasive influence in Official Washington during President Barack Obama’s administration.
The neocons and their “liberal interventionist” junior partners have kept the “regime change” pot boiling with the Western-orchestrated overthrow and killing of Libya’s Muammar Gaddafi in 2011, the proxy civil war in Syria to oust Bashar al-Assad, the costly economic embargoes against Iran, and the U.S.-backed coup that ousted Ukraine’s elected President Viktor Yanukovych last February.
All these targeted governments were first ostracized by the neocons and the major U.S. news organizations, such as the Washington Post and the New York Times, which have become what amounts to neocon mouthpieces. Whenever the neocons decide that it’s time for another “regime change,” the mainstream U.S. media enlists in the propaganda wars.
The consequence of this cascading disorder has been damaging and cumulative. The costs of the Iraq War strapped the U.S. Treasury and left less government maneuvering room when Wall Street crashed in 2008. If Bush still had the surplus that he inherited from President Bill Clinton – rather than a yawning deficit – there might have been enough public money to stimulate a much-faster recovery.
President Obama also wouldn’t have been left to cope with the living hell that the U.S. occupation brought to the people of Iraq, violent chaos that gave birth to what was then called “Al-Qaeda in Iraq” and has since rebranded itself “the Islamic State.”
But Obama didn’t do himself (or the world) any favors when he put much of his foreign policy in the hands of Democratic neocon-lites, such as Secretary of State Hillary Clinton, and Bush holdovers, including Defense Secretary Robert Gates and Gen. David Petraeus. At State, Clinton promoted the likes of neocon Victoria Nuland, the wife of arch-neocon Robert Kagan, and Obama brought in “liberal interventionists” like Samantha Power, now the U.S. ambassador to the United Nations.
In recent years, the neocons and “liberal interventionists” have become almost indistinguishable, so much so that Robert Kagan has opted to discard the discredited neocon label and call himself a “liberal interventionist.” [See Consortiumnews.com’s “Obama’s True Foreign Policy ‘Weakness.’”]