Author: Eric MARGOLIS

Plundering Iraq

Plundering Iraq

Most people don’t understand that Iraq remains a US-occupied nation. We hear nothing about the billions of dollars of Iraqi oil extracted by big US oil firms since 2003. For the US, Iraq was a treasure house of oil with 12% of world reserves. It was OPEC’s 2nd largest producer.

Western powers vowed

Miracle In Berlin

Where did all the time go? Thirty years ago this week the Berlin Wall fell. Then Soviet chairman Mikhail Gorbachev freed the Baltic states and allowed divided Germany to reunite. It was a geopolitical earthquake of historic proportions – and a major miracle of our times. The once mighty Soviet […]

Franco grave

Leave Franco Alone

In 1936, as Spain’s brutal civil war was raging, Republican-leftist forces were besieging Toledo’s fortress, the Alcazar. They took hostage the 16-year old son Luis of the citadel’s commander, Col. Moscardo. `Surrender the Alcazar or we will shoot him,’ threatened the leftists. Moscardo replied, ‘put him on the phone.’ When […]

Kurds protest

The Mother Of Mess In Syria

What a mess. The imperial cooks in Washington have turned poor Syria into a poison pit of warring factions, with disastrous results for all. Henry Kissinger once quipped that it is more dangerous being America’s ally than its enemy. A good example is how Washington used the Kurds in Syria […]

Turkey beats the war drums

Turkey Beats The War Drums

More war in wretched Syria. Half the population is now refugees; entire cities lie shattered by bombing; bands of crazed gunmen run rampant; US, French, Israeli and Russian warplanes bomb widely. Now, adding to the chaos, President Donald Trump has finally given Turkey, NATO’s second military power, the green light […]

China great

Making China Great Again

“China is a sleeping giant. Let her sleep, for when she wakes she will move the world.” Napoleon Bonaparte France’s future emperor never saw China, but he was wise enough to understand its immense latent strength and future importance. Two centuries after making this prediction, China has proved the Corsican […]

Trump and Zelensky

Tar Baby Ukraine

A crime worthy of impeachment? Not really, just another unethical, improper, crass act by President Donald Trump. Many Democrats are cock-a-hoop over the idea of impeaching Trump. They would bed down with the Devil just to get rid of the boor in the White House. But unless really damning information […]

Drone attack

Who Launched That Mystery Attack?

The Mideast has its own variety of crazy humor. The Saudis have been blasting and bombing wretched Yemen, one of this world’s poorest nations, since 2015. These US-supported attacks and a naval blockade of Yemen imposed by Saudi Arabia and its sidekick ally, the United Arab Emirates, have caused mass […]

9/11 memorial

Who Was Really Behind 9/11

A large number of Americans still don’t believe the official version of the 9/11 attacks on New York and Washington. I am one of them. The government and tame media version – that crazed Muslims directed by Osama bin Laden attacked New York’s twin towers and the Pentagon because they […]

Fool's Game

Trade Wars Are Fool’s Game

According to the great military thinker, Maj. Gen. J.F.C. Fuller, ‘the object of war is not victory. It is to achieve political goals.’ Too bad President Donald Trump does not read books. He has started economic wars against China, Russia, Iran, Cuba and Venezuela without any clear strategic objective beyond […]

China’s stock market

Beijing Bingo

My father, a New York financier, used to call dubious stocks or bonds, “Chinese paper.” Last week, we saw a blizzard of Chinese paper, both in China and around the world. As manager of a sizeable investment portfolio (an unwelcome second job from my main work, journalism), I watched last […]

Time To Liberate Afghanistan

Time To Liberate Afghanistan

After 18 years of war in Afghanistan– America’s longest – US and Taliban negotiators are said to be close to an agreement that may see the withdrawal of many of the 14,000 US soldiers in that remote nation. That’s the official version. President Donald Trump keeps changing his mind about […]