Reality Overthrows “History`s Actors”

"We`re an empire now, and when we act, we create our own reality. And
while you`re studying that reality—judiciously, as
you will—we`ll act again, creating other new
realities, which you can study too, and that`s how
things will sort out. We`re history`s actors . . .
and you, all of you, will be left to just study what
we do."

Bush White House aide explaining the
"New Reality"

The New American Century lasted
a decade. Financial crisis and defeated objectives

brought the

project for American world
hegemony crashing to a close in the autumn of 2008.

The American neoconservatives
are the heirs of Leon Trotsky. Their dream of
“Full Spectrum Dominance”
military and economic superiority over any possible
combination of states —is matched in ambition only
by the early 20th century Trotskyite dream of world
Communist revolution.

The neocons used

September 11, 2001
, as a
“new Pearl Harbor
to give power precedence over law
domestically and internationally. The executive
branch no longer had to obey federal statutes, such
as the Foreign Intelligence Surveillance Act or
honor international treaties, such as the Geneva
Conventions. An asserted
to national security became the cloak
which hid US imperial interests as the Bush Regime
set about dismantling US civil liberties and the
existing order of international law constructed by
previous governments during the post-war era. 

Perhaps the neoconservative
project for world hegemony would have lasted a bit
longer had the neocons possessed intellectual

On the war front, the
incompetent neocons predicted that the
war would be a six-week cakewalk, whose $70 billion
cost would be paid out of Iraqi oil revenues.
President Bush fired White House economist Larry
Lindsey for estimating that the war would cost $200
billion. The current estimate by experts is that the

war has cost American taxpayers between two and
three trillion dollars. And the six-week war
is now the six-year war.

On the economic front, the
incompetent neocons overlooked the fact that a
country that relocates its industry and best jobs
abroad in order to maximize short-run profits
becomes progressively economically weaker.
Propagandistic talk about a
“New Economy” built around financial dominance covered up the
fact that the US was the
world`s greatest debtor country, dependent on
foreigners to finance the daily operation of its
government, the home mortgages of its citizens, and
its military operations abroad.

,, the neocons
gave up their hegemonic military pretensions when
they put 80,000 Sunni insurgents on the US Army`s
payroll in order to scale down the fighting and
reduce US casualties.

neocons gave up more military pretensions when they
had to rely on NATO troops to fight the Taliban.

US military pretensions came to
an end in Georgia when the
Bush Regime sent Georgian troops to ethnically
cleanse South Ossetia
of Russian residents in order to end the
secessionist movement in the province, thereby
clearing the path for Georgia`s NATO
membership. It took Russian soldiers only a few
hours to destroy the US and
Israeli-trained and equipped Georgian Army.

The ongoing financial crisis
has put an end to the pretensions of American
financial hegemony and free-market illusions that
deregulation and offshoring had brought prosperity
to America.

In a long article, “The
End of Arrogance,
” on September 30, the German
news magazine Der Spiegel observed:

"This is no longer the muscular and arrogant United States
the world knows, the superpower that sets the rules
for everyone else and that considers its way of
thinking and doing business to be the only road to

Also on display is the end of arrogance. The Americans are now paying
the price for their pride. 

Gone are the days when the US could go into
debt with abandon, without considering who would end
up footing the bill. And gone are the days when it
could impose its economic rules of engagement on the
rest of the world, rules that emphasized profit
above all else—without ever considering that such
returns cannot be achieved by doing business in a
respectable way…

A new chapter in economic history has begun, one in which the United States will no  longer
play its former dominant role. A process of
redistributing money and power around the world—away

and toward the resource-rich countries and

rising industrialized nations in Asia
—has been
underway for years. The financial crisis will only
accelerate the process. "

Looking at his defeated
adversary, George W. Bush, brought down by military
and economic failure, Iranian President Ahmadinejad

“The American empire in the world is reaching the
end of its road, and its next rulers must limit
their interference to their own


Truer words were never spoken.

Paul Craig Roberts [email
] was Assistant
Secretary of the Treasury during President Reagan`s
first term.  He was Associate Editor of the
Street Journal.  He has held numerous academic
appointments, including the William E. Simon Chair,
Center for Strategic and International Studies,
Georgetown University, and Senior Research Fellow,
Hoover Institution, Stanford University. He was awarded
the Legion of Honor by French President Francois
Mitterrand. He is the author of

Supply-Side Revolution : An Insider`s Account of
Policymaking in Washington
and the Soviet Economy

Meltdown: Inside the Soviet Economy
and is the co-author
with Lawrence M. Stratton of

The Tyranny of Good Intentions : How Prosecutors and
Bureaucrats Are Trampling the Constitution in the Name
of Justice
. Click

for Peter
Forbes Magazine interview with Roberts
about the recent epidemic of prosecutorial misconduct.