Asia Times: Wall Street: A new Iraq War

[marmar]

Wall Street: A new Iraq War
By Pepe Escobar


WASHINGTON - As the US electoral college stands today, Barack Obama would win this presidential election, even according to the Macchiavelli from Texas himself, Karl Rove, Obama would win even across the Potomac, in northern Virginia, once a Republican stronghold, now "communist country", according to John McCain's brother Joe.

Red or blue, voters continued to flock to the Obama camp immediately after this Tuesday's second presidential debate - a total cool, calm and collected Obama wipeout, with McCain relegated to the role of a bewildered reptile, at times neurotic, sycophantic, dismissively all-knowing or just plain mean (like referring to Obama as "that one").

Voters also continue to flock to the Obama camp amidst the biggest state intervention in United States history. Biggest if we don't count another monster state intervention - the soon-to-become trillionaire war in Iraq.

The Wall Street US$810 billion - and counting - bailout is being interpreted by millions of angry Americans as no less than a class struggle weapon of mass destruction. It may cost US taxpayers over $2 trillion after real interest payments are added. Yes, this bailout is a second Iraq war.

Even the initial Bush/Paulson numbers - everyone remembers those $700 billion - came out of nowhere. As a US Treasury spokesman told Forbes magazine, "It's not based on any particular data point ... We just wanted to choose a really large number."

So Americans will soon be listening to the sound, not of music, but of over a trillion dollars of their future taxpayer earnings being sucked-up by Goldman Sachs, Citibank, Bank of America and JP Morgan Chase. The Bank of China will also collect. There's absolutely no guarantee any of these banks will put the money back into productive US investments. .......(more)

The complete piece is at: http://www.atimes.com/atimes/Middle_East/JJ10Ak01.html

[HamdenRice]

1. Asia Times calls McCain, " a bewildered reptile"

... at times neurotic, sycophantic, dismissively all-knowing or just plain mean"

:rofl: :rofl: :rofl: :rofl:

:rofl: :rofl: :rofl: :rofl:

:rofl: :rofl: :rofl: :rofl:

:rofl: :rofl: :rofl: :rofl:

[MadrasT]

2. And the debate was,

"a total cool, calm and collected Obama wipeout"

:woohoo: :woohoo: :woohoo: :woohoo: :woohoo:
:woohoo: :woohoo: :woohoo: :woohoo: :woohoo:
:woohoo: :woohoo: :woohoo: :woohoo: :woohoo:
:woohoo: :woohoo: :woohoo: :woohoo: :woohoo:
:woohoo: :woohoo: :woohoo: :woohoo: :woohoo: