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Friday, June 3, 2011

MUST READ!Obama's speech portrays anticlimax of empire http://usa.mediamonitors.net/content/view/full/86682

"Obama generously gives credit to the Arab Spring as an indigenous movement but insisted on the continuing authority of the US Pantopticon over the Muslim world. “We know that our own future is bound to this region by the forces of economics and security; history and faith,” he declared. Obama’s oration is a study in contradiction — it offers collaboration but also evokes the archive of US relations with the Muslim world, where all four words of the last sentence have only meant domination. The twin pressures of memory and reality are pressing against the US president’s podium, its wood splintering as he rapidly unfurls words revealed to be nothing but sound and fury."

Obama promises funds from the IMF, whose head is currently being charged with violent sexual assault, as a way of seducing remaining proxies in Egypt and Tunisia to continue US control over the prime pieces of North African real estate. “We will relieve a democratic Egypt of up to $1 billion in debt, and work with our Egyptian partners to invest these resources to foster growth and entrepreneurship,” Obama declares, “[w]e will help Egypt regain access to markets by guaranteeing $1 billion in borrowing that is needed to finance infrastructure and job creation.” In Harry Houdini’s book, this is called a sleight of hand — reeling back cash via interest on new loans that you’ve just supposedly canceled in debt forgiveness. The White House speechwriters must suppose that Egyptians can’t do any math.

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