the history of the world.” And in a commencement address to the cadets of the U.S. Naval Academy on May 22, Obama stressed that “[w]e will maintain America’s military dominance and keep you the finest fighting force the world has ever seen.”

What he failed to note is that the United States no longer has the capability to remain a global hegemon, and to pretend otherwise is to invite disaster.

According to a growing consensus of economists and political scientists around the world, it is impossible for the United States to continue in that role while emerging into full view as a crippled economic power. No such configuration has ever persisted in the history of imperialism. The University of Chicago’s Robert Pape, author of the important study Dying to Win: The Strategic Logic of Suicide Terrorism, typically writes:

America is in unprecedented decline. The self-inflicted wounds of the Iraq war, growing government debt, increasingly negative current-account balances and other internal economic weaknesses have cost the United States real power in today’s world of rapidly spreading knowledge and technology. If present trends continue, we will look back on the Bush years as the death knell of American hegemony.

There is something absurd, even Kafkaesque, about our military empire. Jay Barr, a bankruptcy attorney, makes this point using an insightful analogy:

Whether liquidating or reorganizing, a debtor who desires bankruptcy protection must provide a list of expenses, which, if considered reasonable, are offset against income to show that only limited funds are available to repay the bankrupted creditors. Now imagine a person filing for bankruptcy claiming that he could not repay his debts because he had the astronomical expense of maintaining at least 737 facilities overseas that provide exactly zero return on the significant investment required to sustain them. . . . He could not qualify for liquidation without turning over many of his assets for the benefit of creditors, including the valuable foreign real estate on which he placed his bases.

In other words, the United States is not seriously contemplating its own bankruptcy. It is instead ignoring the meaning of its precipitate economic decline and flirting with insolvency.

Nick Turse, author of The Complex: How the Military Invades Our Everyday Lives, calculates that we could clear $2.6 billion if we would sell our base assets at Diego Garcia in the Indian Ocean and earn another $2.2 billion if we did the same with Guantanamo Bay in Cuba. These are only two of our more than eight hundred overblown military enclaves.

Our unwillingness to retrench, much less liquidate, represents a striking historical failure of the imagination. In his first official visit to China since becoming treasury secretary, Timothy Geithner assured an audience of students at Beijing University, “Chinese assets [invested in the United States] are very safe.” According to press reports, the students responded with loud laughter. Well they might.

In May 2009, the Office of Management and Budget predicted that in 2010 the United States will be burdened with a budget deficit of at least $1.75 trillion. This includes neither a projected $640 billion budget for the Pentagon nor the costs of waging two remarkably expensive wars. The sum is so immense that it will take several generations for American citizens to repay the costs of George W. Bush’s imperial adventures—if they ever can or will. It represents about 13 percent of our current gross domestic product (that is, the value of everything we produce). It is worth noting that the target demanded of European nations wanting to join the Euro Zone is a deficit no greater than 3 percent of GDP.

Thus far, President Obama has announced measly cuts of only $8.8 billion in wasteful and worthless weapons spending, including his cancellation of the F-22 fighter aircraft. The actual Pentagon budget for next year will in fact be larger, not smaller, than the bloated final budget of the Bush era. Far bolder cuts in our military expenditures will obviously be required in the very near future if we intend to maintain any semblance of fiscal integrity.

2. WE ARE GOING TO LOSE THE WAR IN AFGHANISTAN AND IT WILL HELP BANKRUPT US

One of our major strategic blunders in Afghanistan was not to have recognized that both Great Britain and the Soviet Union attempted to pacify Afghanistan using the same military methods as ours and failed disastrously. We seem to have learned nothing from Afghanistan’s modern history—to the extent that we even know what it is. Between 1849 and 1947, Britain sent almost annual expeditions against the Pashtun tribes and subtribes living in what was then called the North-West Frontier Territories—the area along either side of the artificial border between Afghanistan and Pakistan called the Durand Line. This frontier was created in 1893 by Britain’s foreign secretary for India, Sir Mortimer Durand.

Neither Britain nor Pakistan has ever managed to establish effective control over the area. As the eminent historian Louis Dupree put it in his book Afghanistan: “Pashtun tribes, almost genetically expert at guerrilla warfare after resisting centuries of all comers and fighting among themselves when no comers were available, plagued attempts to extend the Pax Britannica into their mountain homeland.” An estimated 41 million Pashtuns live in an undemarcated area along the Durand Line and profess no loyalties to the central governments of either Pakistan or Afghanistan.

The region known today as the Federally Administered Tribal Areas (FATA) of Pakistan is administered directly by Islamabad, which—just as British imperial officials did—has divided the territory into seven agencies, each with its own “political agent” who wields much the same powers as his colonial-era predecessor. Then as now, the part of FATA known as Waziristan and the home of Pashtun tribesmen offered the fiercest resistance.

According to Paul Fitzgerald and Elizabeth Gould, experienced Afghan hands and coauthors of Invisible History: Afghanistan’s Untold Story:

If Washington’s bureaucrats don’t remember the history of the region, the Afghans do. The British used air power to bomb these same Pashtun villages after World War I and were condemned for it. When the Soviets used MiGs and the dreaded Mi-24 Hind helicopter gunships to do it during the 1980s, they were called criminals. For America to use its overwhelming firepower in the same reckless and indiscriminate manner defies the world’s sense of justice and morality while turning the Afghan people and the Islamic world even further against the United States.

In 1932, in a series of Guernica-like atrocities, the British used poison gas in Waziristan. The disarmament convention of the same year sought a ban against the aerial bombardment of civilians, but as Fitzgerald and Gould note, David Lloyd George, who had been British prime minister during World War I, gloated: “We insisted on reserving the right to bomb niggers.” His view prevailed.

The United States continues to act similarly, but with the new excuse that our killing of noncombatants is a result of “collateral damage,” or human error. Using pilotless drones guided with only minimal accuracy from computers at military bases in the Arizona and Nevada deserts, among other places, we have killed hundreds, perhaps thousands, of unarmed bystanders in Pakistan and Afghanistan. The Pakistani and Afghan governments have repeatedly warned that we are alienating precisely the people we claim to be saving for democracy.

When in May 2009 General Stanley McChrystal was appointed as the commander in Afghanistan, he ordered new limits on air attacks, including those carried out by the CIA, except when needed to protect allied troops. Unfortunately, as if to illustrate the incompetence of our chain of command, only two days after this order, on June 23, 2009, the United States carried out a drone attack against a funeral procession that killed at least eighty people, the single deadliest U.S. attack on Pakistani soil so far. There was virtually no reporting of these developments by the mainstream American press or on the network television news. (At the time, the media were almost totally preoccupied by the sexual adventures of the governor of South Carolina and the death of pop star Michael

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