Month: June 2016

Source: Counterpunch

Sitting in his presidential palace in 1991, Iraq’s President Saddam Hussein and his Culture Minister Hamad Hammadi drafted a letter to Mikhail Gorbachev, President of the Union of Soviet Socialist Republics (U.S.S.R.). Hussein and Hammadi hoped that the U.S.S.R. would help save Iraq from the West’s barrage. Hammadi, who understood the shifts in world affairs, told Hussein that the war was not intended “only to destroy Iraq, but to eliminate the role of the Soviet Union so the United States can control the fate of all humanity”. Indeed, after the 1991 Gulf War, the U.S.S.R. fell apart and the United States emerged as the singular superpower. The age of U.S. unipolarity had dawned. read more

Source: Truthout

CJ Polychroniou: Barack Obama was elected in 2008 as president of the United States in a wave of optimism, but at a time when the country was in the full grip of the financial crisis brought about, according to Obama himself, by “the reckless behavior of a lot of financial institutions around the world” and “the folks on Wall Street.” Obama’s rise to power has been well documented, including the funding of his Illinois political career by the well-known Chicago real estate developer and power peddler Tony Rezko, but the legacy of his presidency has yet to be written. First, in your view, did Obama rescue the US economy from a meltdown, and, second, did he initiate policies to ensure that “reckless financial behavior” would be kept at bay? read more