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A fraying coalition: Black, Hispanic, young voters abandon Biden as election year begins
(www.usatoday.com)
this post was submitted on 02 Jan 2024
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The donors want Biden, that’s all that matters.
Despite everything we dunk on Biden here, he has done an exceptional job in making the lines going up for every segment of the bourgeois class, from the oil and gas industry, to the military industrial complex, to the financial sector. S&P 500 is now 50% (!!) higher than the highest point under Trump’s presidency. Banks and credit institutions are now raking in more profit than ever from penalties and interest payments from the Fed rate hikes.
Biden is a great president because of that. Not to you, but to them. Even if Biden loses, as long as the Democratic Party continues to demonstrate their loyalty to the wealthy donor class, they will continue to get the money.
I know people hate to hear this, but Biden has also secured American hegemony for the short term. The war in Ukraine has cut off the EU from Russia both in terms of international relations and natural resources (nordstream anyone) and got Europe firmly back into the US fold for the foreseeable future. The US has won its inter imperial rivalry with Western and Central Europe, and Japan is a non factor at this point in time. The stage is set for the next action, a united front of the imperialist triad (US, EU and Japan, along with their vassals) to take on China.
All this sucks terribly for the people of the world, but is great for the dogs and stooges of the US empire. They can sit comfortably atop their mountain of skulls, for now.
I don't think the Hegemony is as secure as it seems. Did you see how that "Operation Prosperity Guardian" thing went? From my perspective, the US has continually been losing face on the international stage for a while now. While I highly doubt that convicting the US and Israel of genocide will have much of an enforceable outcome, they are both deeply reliant on global trade which is very easy to disrupt (see Yemen vs. Israel rn). Internally Empire faces widespread dissatisfaction, economic struggles for the lower class, dwindling military recruitment, and is pretty much entirely reliant on "developing countries, including China" for manufacturing. They are clearly trying to posture as if all this is business as usual, but I'm not sure everyone is convinced.
That said, I could be way off and this is just wishful thinking.
Japan recently received a huge sum of money to buy western weapons. Like overnight became the largest army in terms of military budget in the region.
I mean "non factor" as in opposing American interests. Japan obviously plays a huge role in the geopolitics of the region.
Oh I getcha my bad. Yeah Japan is just another dog of US imperialism.