Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

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.


© 2005-2022 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