Sovereign Default & Civil War at Home: Any Pretext Will Justify a War in Syria?

The United States steps into the new fiscal year without a budget approved by Congress. According to Government Accountability Office, the national debt has grown to record high $16, 7 trillion or 73% of GDP (it exceeded this level only in the days of WWII). The figure is much higher according to informal sources (independent researchers like, for instance, James Douglas «Jim» Hamilton, an American econometrician currently teaching at University of California, San Diego). If the debt ceiling is not raised urgently, then the US may step into a new financial crisis, as President Obama warned. US Treasury Secretary Jacob Lew told the congressmen in a letter the country may go bankrupt on October 17, the default may take place by the end of October – the middle of November when the money flows get exhausted as Douglas W. Elmendorf, the Director of the Congressional Budget Office, points out.

Der Spiegel Interviews Bashar al-Assad: WEST Supported al-Qaeda For 10 Years

President Bashar al-Assad said that all the political decisions that have been taken by the west in the last ten years have been in support of al-Qaeda, intentionally or inadvertently. In an interview with the German Der Spiegel News Magazine, President al-Assad said that through Western support, now there are thousands of al-Qaeda fighters from 80 countries in Syria. Following is the full text of the interview: Der Spiegel: Mr. President, do you love your country? President Assad: Of course, and in this I am no different from most people. This is not merely about emotions, but rather about what one can do for his country if he has the power and especially in times of crisis; and at this particular time, I realize more than ever how much I love my country and so I must protect it.

Winds of Discontent over Borneo

Since Malaysia’s general election last May, UMNO has been attempting to redefine its electoral base to include bumiputera or native groups across the country, most of them in East Malaysia in Sabah and Sarawak, and…

Obama’s Exceptionalism Reminds NAZI

US exceptionalism rhetoric poses extreme danger and is reminiscent of Nazi ideals and talk “before and during World War II,” Ecuadorian President Rafael Correa said in exclusive interview with RT Spanish. Referring to US President Barack Obama’s statement that “America is exceptional” because it stands up not only for its own “narrow self interest, but for the interests of all,” Correa said: “Does not this remind you of the Nazis’ rhetoric before and during World War II? They considered themselves the chosen race, the superior race, etc. Such words and ideas pose extreme danger,” President Correa said on RT Spanish’ Entrevista program.

American Exceptionalism and the Obama Doctrine

The recent Obama-Putin tiff over American exceptionalism reignited an ongoing debate over the Obama Doctrine: Is the president veering toward isolationism? Or will he proudly carry the banner of exceptionalism? The debate is narrower than it may seem. There is considerable common ground between the two positions, as was expressed clearly by Hans Morgenthau, the founder of the now dominant no-sentimentality “realist” school of international relations. Throughout his work, Morgenthau describes America as unique among all powers past and present in that it has a “transcendent purpose” that it “must defend and promote” throughout the world: “the establishment of equality in freedom.”

Give the World a Break! America the Pest

The United States is the world’s biggest pest. It doesn’t matter where you live or what you do, the US will find some excuse to poke its nose in your business and make your life…

The Italian Job

How the Pentagon Is Using Your Tax Dollars to Turn Italy into a Launching Pad for the Wars of Today and Tomorrow   The Pentagon has spent the last two decades plowing hundreds of millions…