The World Can Halt Bush`s Crimes By Dumping the Dollar

What would be the consequences of a US or Israeli
attack on Iran`s nuclear energy sites? 

At the 2006 Perdana Global Peace Forum, Australian
medical scientist Dr. Helen Caldicott provided an
authoritative analysis of the devastating impact on
human life that would result from the radiation release
from such an attack. [VIDEO:
The Dangers of a Nuclear War
, Global Research,
July 28, 2006]

Dr. Caldicott described the catastrophic deaths that
would result from a conventional attack on nuclear
facilities and the long-term increase in cancer deaths
from the radiation release.  

Should the attack be made with nuclear weapons—as
some of Bush`s criminally insane

advisers advocate—the populations of
many countries would suffer for generations from
radioactive particles in air, water, and food chains. 
Deaths would number in the many millions.

Such an attack justified in the name of "American
and "American hegemony" would
constitute the rawest form of evil the world has ever
seen, far surpassing in evil the atrocities of the Nazi
and Communist regimes. 

Dr. Caldicott detailed the horrible long-term
consequences for the Iraqi population from the US
military`s current use of

depleted uranium
in explosive ammunition used in
Iraq. Caldicott explained that "depleted" does
not mean depleted of radiation.  She explained that each
time such ammunition is used, radioactive particles are
released in the air and are absorbed into people`s
lungs.  We are yet to see the horrific civilian casualty
rate of the American invasion—or the true casualty rate
among US troops.

Dr. Caldicott expressed bewilderment why the rest of
the world does not stand up to the US and force a halt
to its crimes against humanity.  

One man heard her—Vladimir Putin, President of

On February 10 at the 43rd Munich Security
Conference, President Putin told the world`s assembled
political leaders that the US was trying to establish a
"uni-polar world," which he defined as "one
single center of power, one single center of force and
one single master."

This goal, Putin said, was a "formula for

"The United States," Putin said, truthfully,
"has overstepped its borders in all spheres"  and
"has imposed itself on other states." 

The Russian leader declared: "We see no kind of
restraint—a hyper-inflated use of force."

To avoid catastrophe, Putin said a reconsideration of
the entire existing architecture of global security was
necessary. [Putin
says U.S. wants to dominate world,
By Louis
Charbonneau, Reuters,  Feb 10, 2007]

Putin`s words of truth fell on many deaf ears.  US
Senator John McCain, America`s most idiotic and
dangerous "leader" after Bush and Cheney, equated
Putin`s legitimate criticism of the US with

America`s new puppets—the states of central and
Eastern Europe and the secretary general of NATO, no
longer a treaty for the defense of Europe but a military
force enlisted in America`s quest for empire—lined up
with McCain`s argument that Russia was in fundamental
conflict "with the core values of Euro-Atlantic

 Even the BBC`s defense and security correspondent,
Rob Watson, jumped on the American propaganda bandwagon,

tagging Putin`s speech a revival of the cold war.

No delegate at the security conference stood up to
state the obvious fact that it is not Russia that is
invading countries under pretexts as false as Hitler`s
and setting up weapons systems on foreign soil in order
to achieve military hegemony.  

The reception given to Putin`s words made it clear to
Russia, China, and every country not bribed, threatened
or purchased into participation in America`s drive for
world hegemony that the US has no interest whatsoever in
peace.  Intelligent people realize that American claims
to be a moral and democratic force are mere pretense
behind which hides a policy of military aggression.

The US, Putin said, has gone "from one conflict to
another without achieving a fully-fledged solution to
any of them."

Putin has repeatedly stressed Russia`s peaceful
intentions and desire to focus on its economy and to
avoid a new arms race. In his speech on the 60th
anniversary of the victory over Nazi Germany, Putin
said: "I am convinced that there is no alternative to
our friendship and our fraternity. With our closest
neighbors and all countries of the world, Russia is
prepared to build a kind of relationship which is not
only based on lessons of the past but is also directed
into a shared future."

In his 2006 state of the nation speech, Putin noted
that America`s military budget is 25 times larger than
Russia`s.  He compared the Bush Regime to a wolf who
eats whom he wants without listening.  Putin is being
demonized by US propagandists, because he insists upon
Russia being a politically and economically independent
state [Putin
lashes out at `wolf-like` America,
May 11, 2006]

The Bush Regime has taken the US outside the
boundaries of international law and is acting
unilaterally, falsely declaring American military
aggression to be "defensive" and in the interests
of peace.  Much of the world realizes the hypocrisy and
danger in the Bush Regime`s justification of the
unbridled use of US military power, but no countries
except other nuclear powers can challenge American
aggression, and then only at the risk of all life on

The solution is nonmilitary challenge. 

The Bush Regime`s ability to wage war is dependent
upon foreign financing. The Regime`s wars are financed
with red ink, which means the hundreds of billions of
dollars must be borrowed.  As American consumers are
spending more than they earn on consumption, the money
cannot be borrowed from Americans.

The US is totally dependent upon foreigners to
finance its budget and trade deficits.  By financing
these deficits, foreign governments are complicit in the
Bush Regime`s military aggressions and war crimes.  The
Bush Regime`s two largest lenders are China and Japan. 
It is ironic that Japan, the only nation to experience
nuclear attack by the US, is banker to the Bush Regime
as it prepares a possible nuclear attack on Iran.

If the rest of the world would simply stop purchasing
US Treasuries, and instead dump their surplus dollars
into the foreign exchange market, the Bush Regime would
be overwhelmed with economic crisis and unable to wage
war.  The arrogant hubris associated with the "sole
myth would burst like the bubble it is.

The collapse of the dollar would also end the US
government`s ability to subvert other countries by
purchasing their leaders to do America`s will.

The demise of the US dollar is only a question of
time.  It would save the world from war and devastation
if the dollar is brought to its demise before the Bush
Regime launches its planned attack on Iran.



Paul Craig Roberts

] was Assistant
Secretary of the Treasury in the Reagan Administration.
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.