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HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
Bush's Second Inaugural

A Party Without Virtue

by PAUL CRAIG ROBERTS

After listening to his inaugural speech, anyone who thinks President Bush and his handlers are sane needs to visit a psychiatrist. The hubris-filled megalomaniac in the Oval Office has promised the world war without end.

Bush’s crazy talk has even upset rah-rah Republicans. One Republican called Bush’s speech "God-drenched." It has begun to dawn on the formerly Grand Old Party that a bloodless coup has occurred and that Republicans have lost their party to Jacobins, who cloak themselves under the term "neoconservatives."

What is a Jacobin? Jacobins ushered in the French Revolution and the Reign of Terror. The Jacobins saw themselves as virtuous champions of universalist principles that required them to impose "liberty, equality, fraternity" not merely on France by a reign of terror, but also on the rest of Europe by force of arms.

Unlike America’s Founding Fathers, who exhorted their countrymen to cultivate their own garden, Jacobins were not content with revolutionizing France. They were driven to revolutionize the world

President Bush’s second inaugural speech is Jacobin to the core. It stands outside the American tradition. Declaring American values to be universalist principles, Bush promised to use American power to spread democracy and to end tyranny everywhere on earth. As one of Bush’s neocon puppetmasters, Robert Kagen, approvingly wrote in the Washington Post on January 23, "The goal of American foreign policy is now to spread democracy, for its own sake, for reasons that transcend specific threats. In short, Bush has unmoored his foreign policy from the war on terrorism."

Michael Gerson, the Jacobin White House speechwriter who wrote Bush’s infamous "God-drenched speech," defensively insists that Bush’s wars will only last "a generation." We can take comfort in that. According to the dictionary, a generation is "about 30 years," so it is only our children and grandchildren who will have to be sacrificed for "Bush’s historic mission." Along about 2035 things should be calming down. Whoever remains can begin to attack the $50 trillion national war debt.

Kagen calls America’s moral crusade against the world "the higher realism that Bush now proclaims." Gerson declares that Bush’s "methods are deeply realistic."

What is realistic about declaring weapons of mass destruction to exist where they do not exist?

What is realistic about assigning blame for September 11 where it does not belong?

What is realistic about destroying a secular state and creating a vast breeding ground for terrorists?

What is realistic about making Osama bin Laden an Islamic hero and shaking the foundations of America’s reigning puppets in the Middle East?

What is realistic about declaring a world crusade in the face of evidence that the US cannot successfully occupy Baghdad, a city of only 6 million people, much less Iraq, a country of only 25 million people?

There is nothing realistic about Bush or any of his advisers. The world has not seen such delusion since the Children’s Crusade led by a visionary French peasant, Stephen of Cloyes, marched off to free the Holy Land from the Muslims in the year 1212. The children were captured and sold into slavery.

Bush and the Republican Party have morphed into a Jacobin Party. They sincerely believe that they have a monopoly on virtue and the obligation to impose US virtue on the rest of the world. This Jacobin program requires the supremacy of executive power and is dependent on an unwarranted belief in the efficacy of force.

There is nothing American or democratic about this program. Bush speaks as Robespierre when he invokes "a fire in the minds of men" that "warms those who feel its power." Bush possesses Robespierre’s "pure conscience" as he destroys Iraqi’s infrastructure and the lives of tens of thousands of Iraqi civilians, levels cities, and practices torture. American casualties (dead and wounded) have reached 10 percent of the US occupation force and are but the "realistic methods" Bush uses to achieve his "deeply idealistic" goals.

At home the casualties are the US Constitution and Bill of Rights. Republicans explode in anger when a liberal judge creates a constitutional right. But they sit in silence when the US Department of Justice (sic) creates the right for Bush to decide who has constitutional protections and who has not.

Like Robespierre, Bush justifies the state of terror that he has brought to Iraq by his noble aspirations. The effect is to destroy idealism with hypocrisy about violence. When the neoconservatives succeed in draining idealism of its power, will they then declare violence alone to be their goal?

Led by Bush, the Republican Party now stands for detainment without trial and war without end. It is a party destructive of all virtue and a great threat to life and liberty on earth.