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Thursday, January 01, 2015
2015: “Year of the Militaristic Neocons”: Looming Global Financial Crisis and Wars?
These days, militaristic Neoconservatives, or Neocons,have near complete control of the American government under the façade of whoever is president at the time. They direct U.S. policies at the State Department, at the Pentagon, at the U.S. Treasury and at the Fed central bank. They are thus in position to influence and frame American foreign policy, military policy, economic and financial policies and monetary policy.
This was not the case before the Ronald Reagan administration (1981-1989) when the latter adopted a neocon-inspired “muscular foreign policy” based on military intervention abroad, perpetual war, arbitrary regime changes, and imperial worldwide governance in any matters deemed to be in American interests and of that of its close allies. Even though they fared less well under the George H. Bush administration (1989-1993), when they were considered the “crazies in the basement”, they resumed their ascendance within the American government under the Bill Clinton administration (1993-2001) with the U.S.-led Kosovo war and with the irresponsible dismantling of the Glass-Steagall Act, thus paving the way for the 2008 worldwide financial crisis.