Are Neocons in Iraq Thinking Like the Banks that Blew up the Global Economy?

For the normally anodyne OilPrice to run an article, Obama Fiddles While Iraq Burns, that is openly frustrated with US conduct suggests that there is considerable consternation in the oil industry about the lack of a coherent policy in Iraq. One school of thought has been that the US wanted a breakup, but history like the dissolution of Yugoslavia shows that they are ugly, bloody affairs that hurt the population and infrastructure. Both are bad for business, such as drilling for and refining oil, which was apparent reason we occupied Iraq in the first place.

I’ve discussed with Lambert the difficult of coming up with a coherent rationale for the US stance towards Iraq. The only one I can come up with is that the neocons have convinced themselves that chaos in Iraq creates more options for the US, and as the world’s only superpower, we’ll find a way to take advantage of the situation. Readers of this blog will recognize this is troublingly similar to the way banks generate risk, because it’s profitable for them, even if they break the system. 

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Neocon strategy destroying our economy

The real economy is hurting under Stephen Harper? Absolutely. The economics of neoliberalism, referred to also as American neoconservatism, or the “conservative movement” preferred by Stephen Harper, is narrowly ideological and provincial, showing little concern for the real economy and real people, much less people in all of Canada.

Real jobs, real employment, real futures, real opportunity, the real economy are being lost to neoconservatism, which practices laissez-faire capitalism — calling it market-based — corporatism — putting the interest of corporations ahead of national interest and the interest of the people — and libertarianism — preferring smaller government, lower (corporate) taxes, less regulation and disregard for the democratic rule of law equally applied for the benefit of all citizens.