Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Silver Long-term Trend Analysis - 28th Nov 21
Silver Mining Stocks Fundamentals - 28th Nov 21
Crude Oil Didn’t Like Thanksgiving Turkey This Year - 28th Nov 21
Sheffield First Snow Winter 2021 - Snowballs and Snowmen Fun - 28th Nov 21
Stock Market Investing LESSON - Buying Value - 27th Nov 21
Corsair MP600 NVME M.2 SSD 66% Performance Loss After 6 Months of Use - Benchmark Tests - 27th Nov 21
Stock Maket Trading Lesson - How to REALLY Trade Markets - 26th Nov 21
SILVER Price Trend Analysis - 26th Nov 21
Federal Reserve Asks Americans to Eat Soy “Meat” for Thanksgiving - 26th Nov 21
Is the S&P 500 Topping or Just Consolidating? - 26th Nov 21
Is a Bigger Drop in Gold Price Just Around the Corner? - 26th Nov 21
Financial Stocks ETF Sector XLF Pullback Sets Up A New $43.60 Upside Target - 26th Nov 21
A Couple of Things to Think About Before Buying Shares - 25th Nov 21
UK Best Fixed Rate Tariff Deal is to NOT FIX Gas and Electric Energy Tariffs During Winter 2021-22 - 25th Nov 21
Stock Market Begins it's Year End Seasonal Santa Rally - 24th Nov 21
How Silver Can Conquer $50+ in 2022 - 24th Nov 21
Stock Market Betting on Hawkish Fed - 24th Nov 21
Stock Market Elliott Wave Trend Forecast - 24th Nov 21
Your once-a-year All-Access Financial Markets Analysis Pass - 24th Nov 21
Did Zillow’s $300 million flop prove me wrong? - 24th Nov 21
Now Malaysian Drivers Renew Their Kurnia Car Insurance Online With Fincrew.my - 24th Nov 21
Gold / Silver Ratio - 23rd Nov 21
Stock Market Sentiment Speaks: Can We Get To 5500SPX In 2022? But 4440SPX Comes First - 23rd Nov 21
A Month-to-month breakdown of how Much Money Individuals are Spending on Stocks - 23rd Nov 21
S&P 500: Rallying Tech Stocks vs. Plummeting Oil Stocks - 23rd Nov 21
Like the Latest Bond Flick, the US Dollar Has No Time to Die - 23rd Nov 21
Why BITCOIN NEW ALL TIME HIGH Changes EVERYTHING! - 22nd Nov 21
Cannabis ETF MJ Basing & Volatility Patterns - 22nd Nov 21
The Most Important Lesson Learned from this COVID Pandemic - 22nd Nov 21
Dow Stock Market Trend Analysis - 22nd Nov 21
UK Covid-19 Booster Jabs Moderna, Pfizer Are They Worth the Risk of Side effects, Illness? - 22nd Nov 21
US Dollar vs Yields vs Stock Market Trends - 20th Nov 21
Inflation Risk: Milton Friedman Would Buy Gold Right Now - 20th Nov 21
How to Determine if It’s Time for You to Outsource Your Packaging Requirements to a Contract Packer - 20th Nov 21
2 easy ways to play Facebook’s Metaverse Spending Spree - 20th Nov 21
Stock Market Margin Debt WARNING! - 19th Nov 21
Gold Mid-Tier Stocks Q3’21 Fundamentals - 19th Nov 21
Protect Your Wealth From PERMANENT Transitory Inflation - 19th Nov 21
Investors Expect High Inflation. Golden Inquisition Ahead? - 19th Nov 21
Will the Senate Confirm a Marxist to Oversee the U.S. Currency System? - 19th Nov 21
When Even Stock Market Bears Act Bullishly (What It May Mean) - 19th Nov 21
Chinese People do NOT Eat Dogs Newspeak - 18th Nov 21
CHINOBLE! Evergrande Reality Exposes China Fiction! - 18th Nov 21
Kondratieff Full-Season Stock Market Sector Rotation - 18th Nov 21
What Stock Market Trends Will Drive Through To 2022? - 18th Nov 21
How to Jump Start Your Motherboard Without a Power Button With Just a Screwdriver - 18th Nov 21
Bitcoin & Ethereum 2021 Trend - 18th Nov 21
FREE TRADE How to Get 2 FREE SHARES Fractional Investing Platform and ISA Specs - 18th Nov 21
Inflation Ain’t Transitory – But the Fed’s Credibility Is - 18th Nov 21
The real reason Facebook just went “all in” on the metaverse - 18th Nov 21
Biden Signs a Bill to Revive Infrastructure… and Gold! - 18th Nov 21
Silver vs US Dollar - 17th Nov 21
Silver Supply and Demand Balance - 17th Nov 21
Sentiment Speaks: This Stock Market Makes Absolutely No Sense - 17th Nov 21
Biden Spending to Build Back Stagflation - 17th Nov 21
Meshing Cryptocurrency Wealth Generation With Global Fiat Money Demise - 17th Nov 21
Dow Stock Market Trend Forecast Into Mid 2022 - 16th Nov 21
Stock Market Minor Cycle Correcting - 16th Nov 21
The INFLATION MEGA-TREND - Ripples of Deflation on an Ocean of Inflation! - 16th Nov 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Libya: A US-Created Terrorist Haven

Politics / Middle East May 28, 2017 - 12:05 PM GMT

By: Stephen_Lendman

Politics

US-led NATO aggression on Libya raped and destroyed its sovereign independence - one of history’s great crimes.

Africa’s developed nation was transformed into a cauldron of failed state, terrorist-infested violence, chaos, deep poverty, mass unemployment, and devastating human misery.

Libya was Obama’s war, launched in 2011, orchestrated by Hillary Clinton. Her remark after hearing of Muammar Gaddafi’s death, saying “(w)e came, we saw, he died” alone will long define her pure evil.


Claiming Washington’s aim was humanitarian intervention to establish democratic governance was pure subterfuge, the usual imperial Big Lie justifying naked aggression.

Libya was terror-bombed to destroy its sovereignty, plunder its oil wealth, privatize the world’s largest aquifer system, dollarize the country, exploit its people, and establish pro-Western puppet rule.

Gaddafi supported pan-Africanism, a United States of Africa free from imperial dominance, Libyans sharing in the country’s oil wealth, a notion anathema to America and other Western powers.

Under his 1999 Decision No. 111, all Libyans got free healthcare, education, electricity, water, training, rehabilitation, housing assistance, disability and old-age benefits, interest-free state loans, as well as generous subsidies to study abroad, buy a new car, help couples when they marry, practically free gasoline, and more.

Literacy under his rule rose from 20 - 80%. Libya’s hospitals and private clinics were some of the region’s best. Now they're in shambles.

Vital public services he provided no longer exist. Pre-war, Libyans had African’s highest standard of living. Homelessness was nonexistent.

Gaddafi believed all Libyans had a right to a home or rent-free apartment, notions unheard of in the West.

He rejected Western-style money-controlled undemocratic democracy, deplored crony capitalism and neoliberal harshness.

During his tenure, women had the right to vote, participate politically, as well as own and sell property independently of their husbands. They were constitutionally granted equal status with men.

Libya’s central bank was state-owned, the interest-free Libyan dinar used for productive economic growth, not speculation, profits and bonuses for predatory bankers.

Gaddafi advocated a new gold standard, replacing dollars with gold dinars, a plan to provide real monetary wealth and value, free from predatory Western lending agencies.

Responsible policies led to his demise. Washington wants control over all other nations - dollar hegemony as the world’s reserve currency the way its dominance is maintained.

Economist Michael Hudson calls this system a “sinister dynamic (because) the US payment deficit pumps dollars into foreign economies.”

They have “little option except to buy US (debt) which the Treasury spends on financing an enormous, hostile (global) military build-up” - facilitating endless imperial wars.

Post-Gaddafi Libya is a dystopian failed state. Dozens of rival factions vie for control, including ISIS, al-Qaeda and other terrorist groups.

The main ones are the so-called pro-Western, Tobruk-based, Government of National Accord (GNA) and Tripoli-based National Salvation Government (GNC).

Both lack legitimacy. Endless violence rages. On Friday, clashes erupted between both factions for control of Tripoli, the country’s capital and largest city, now a battleground.

Dozens were killed, many more wounded, militants and civilians. Fighting continues over the weekend.

Violence in other parts of the country rages. Awash with weapons, no end of it is in sight.

Nearly six years after Gaddafi’s ouster, Libya is now a haven for terrorist groups, rival factions vying for control, the country ravaged, its people immiserated - victimized by US imperial viciousness.

By Stephen Lendman
http://sjlendman.blogspot.com

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

http://www.claritypress.com/Lendman.html

He lives in Chicago and can be reached in Chicago at lendmanstephen@sbcglobal.net.

Also visit his blog site at sjlendman.blogspot.com and listen to The Global Research News Hour on RepublicBroadcasting.org Monday through Friday at 10AM US Central time for cutting-edge discussions with distinguished guests on world and national topics. All programs are archived for easy listening.

© 2017 Copyright Stephen Lendman - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in