IMF-NATO as brothers in arms
Whoever bought Lockheed Martin, Northrop Grumman, Raytheon and other US defense stocks made a literal killing
By Pepe Escobar
I asked Michael Hudson, an economics professor at the University of Missouri Kansas City and Peking University, how he would recommend the new government to act. He answered, “For one thing, embarrass the hell out of the IMF for acting as an arm of NATO.”
Hudson referred to a Wall Street Journal article written by a former IMF advisor now with the Atlantic Council as saying that “now, since recognition is frozen, banks all over the world will hesitate to do business with Kabul. This move provides the US with leverage to negotiate with the Taliban.”
So this may be going the Venezuela way – with the IMF not “recognizing” a new government for months and even years. And on the seizure of Afghan gold by the New York Fed – actually a collection of private banks – we see echoes of the looting of Libya’s and seizure of Venezuela’s gold.
Hudson sees all of the above as “an abuse of the international monetary system – which is supposed to be a public utility – as an arm of NATO run by the US. IMF behavior, especially regarding the new drawing rights, should be presented as a litmus test” for the viability of a Taliban-led Afghanistan.
Hudson is now working on a book about the collapse of antiquity. His research led him to find Cicero, in In Favor of the Manilian Law (Pro Lege Manilia), writing about Pompeus’s military campaign in Asia and its effects on the provinces in a passage that perfectly applies to the “forever war” in Afghanistan:
“Words cannot express, gentlemen, how bitterly hated we are among foreign nations because of the wanton and outrageous conduct of the men whom in recent years we have sent to govern them. For, in those countries, what temple do you suppose had been held sacred by our officers, what state inviolable, what home sufficiently guarded by its closed doors? Why, they look about for rich and flourishing cities that they may find an occasion for a war against them to satisfy their lust for plunder.”
Switching from the classics to a more pedestrian level, WikiLeaks has been replaying a sort of Afghanistan Greatest Hits , reminding public opinion, for instance, that as far back as 2008 there was already “no pre-defined end date” for the “forever war.”
Yet the most concise assessment may have come from Julian Assange himself:
“The goal is to use Afghanistan to wash money out of the tax bases of the US and Europe through Afghanistan and back into the hands of a transnational security elite. The goal is an endless war, not a successful war.”
The “forever war” may have been a disaster for the bombed, invaded and impoverished “Afghan people,” but it was an unmitigated success for what Ray McGovern so memorably defines as the MICIMATT (Military-Industrial-Counter-Intelligence-Media-Academia-Think Tank) complex. Anyone who bought stocks of Lockheed Martin, Northrop Grumman, Raytheon and the rest of that crowd made – literally – a killing.
Facts are indeed dire. Barack Obama – who presided over a hefty Afghan “kill list” – throws a birthday party and invites the woke nouveaux riches. Julian Assange suffers psychological torture imprisoned in Belmarsh. And Ashraf Ghani mulls how to spend $169 million in the Dubai rackets, funds some say were duly stolen from the “Afghan people.”
~ Extracted in part from a larger article in Asia Times
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