Wednesday, March 11, 2009

Rage Is Good

The Nation

March 6, 2009

Hopefully, the demonstrations planned on Wall Street April 4 by United for Peace and Justice and other groups will contribute to the global uprising. Our president and Congress need the pressure.

The world has turned against American hegemony before: against the Vietnam war, against the World Trade Organization and against the invasion of Iraq. On all three occasions, the world was right and Washington was wrong.
On this occasion, the global economy is being devastated by the Wall Street crash. Hundreds of millions are are hurtling into extreme poverty, export industries are collapsing, currencies being destabilized.
As the conservative French president Nicolas Sarkozy says, "Laissez-faire, c'est fini." (Laissez-faire is finished.)
As nations blame Wall Street and move to protect their people, the protests need not be anti-American nor anti-Obama. Sarkozy cannot be accused of being anti-US. Neither are Iceland nor Ukraine. The global opposition might just may be what we need, an organized populist counterforce to the business and banking lobbies entrenched in Washington. Read article

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