Re: missing hegemon at the CFR

Eh? How do you figure that? The subtext was that the invasion of Iraq
was in no small part responsible for the U.S.’s weakened political
position and the widespread antagonism towards us. Fixing that
situation, insofar as it can be fixed at all, requires making nice
with the rest of the world.

Doug

On May 23, 2007, at 1:10 PM, Steven L. Robinson wrote:

All of which suggests no speedy withdrawal from Iran or Afghanistan
and no reduction of the US military budget in the event the Dems
win the Presidencey in 2008. SR

————– Original message ————– From: Doug Henwood dhenwood@panix.com

Both Summers and Volcker looked stunned into silence for a while, and then Summers said that that was a “powerful” observation couched as a question. And Volcker expressed concern that managing a crisis would be much more difficult now with the U.S. “politically weakened” and the target of so much “antagonism” around the world. He worried that Europe and the Asia might go off on their own. Someone else asked who out there might “lend a hand” if the U.S. hit a wall. Another long pause, and then Volcker doubted anyone would raise his hand as volunteer, which prompted nervous chuckles.

Doug


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