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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (67175)	8/4/2007 11:11:10 PM
From: NOW	Read Replies (1) \| Respond to of 116555

As a general rule for understanding public policies, I insist that there are no persistent "failed" policies. Policies that do not achieve their desired outcomes for the actual powers-that-be are quickly changed. If you want to know why the U.S. policies have been what they have been for the past sixty years, you need only comply with that invaluable rule of inquiry in politics: follow the money. When you do so, I believe you will find U.S. policies in the Middle East to have been wildly successful, so successful that the gains they have produced for the movers and shakers in the petrochemical, financial, and weapons industries (which is approximately to say, for those who have the greatest influence in determining U.S. foreign policies) must surely be counted in the hundreds of billions of dollars. So U.S. soldiers get killed, so Palestinians get insulted, robbed, and confined to a set of squalid concentration areas, so the "peace process" never gets far from square one, etc., etc. – none of this makes the policies failures; these things are all surface froth, costs not borne by the policy makers themselves but by the cannon-fodder masses, the bovine taxpayers at large, and foreigners who count for nothing. lewrockwell.com