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AMERICAN SUPREMACY IS A

BOON TO THE WORLD


AGAINST THE MOTION
Economic and Political
Scenario
•Current Recession

The Sub prime crises has impacted stock markets world wide, erasing close to 4.5 trillion from global stock
markets.

Approximately 2,40,000 jobs are lost as on November this year with a total loss of 1.2
million and the unemployment rate rose from 4.8% to 6.1%

ØBecause of FIIs pulling out all the money from the emerging economies, the
currency of these countries have majorly depreciated against the Dollar($) .
Because of this, imports of these emerging economies have become
expensive thus increasing the fiscal deficit of these countries.

Due to the Slow down in the slow down in the U.S economy, the demand in the U.S has
gone down considerably.

The U.S financial market is in crisis and the parent companies are pulling out money
from these emerging markets leading to a crash in their stock markets. In India till date
$ 13 billion has already been pulled out.
Economic and Political Scenario
continued….
• No Outsourcing

Current President Mr. Barack Obama has planned to stop outsourcing


which is against the practices of Free Trade.

• Dollar Imposition

In the absence of Basket of Currencies the U.S took advantage. It


imposed Dollar as the dominating currency.
U.S predominantly enjoys Special Drawing Rights (SDR) along with 4
other nations.

• Washington Consensus - It is common sense for the U.S but is it


so for the other nations????

It challenges the Modalities of the other nations.


Economic and Political Scenario
continued….
America tries to dominate its Politics on others because it boosts of its sound
Economics….

• Humanitarian Integration

• Political Values

• United Nations

Thanks to the USA and its ruthless policy as it has brought once growing and
developing nation Iraq to a war trodden nation which is right now suffering with an
inflation rate of about 53.2% and it literally crippled the nation.
WTO – Guardian of free
trade
§ WTO is a forum that holds countries accountable for their
trade commitments

§ The body is mired in controversy and seen to be hijacked


by rich country interests

- It functions to reinforce American dominance of the world


economy

- Steps to liberalize its free trade regime on Most Favoured


Nation(MFN) basis
Protectionist Vs Liberalization
§ It reduces the ability of other nations to impose
restrictions to limit access to their markets

§ United States increases its ability to decrease the trade


barriers imposed by other countries by the means of
tariffs and quotas

§ US-Cuba Trade, A Disgrace - American “DO AS I SAY,


NOT AS I DO" approach to trade with communist Cuba
does not represent free market capitalism at its finest -
Democracy deficit

§ The influence of American business and, in particular,

The Americans think they own the world.“ – A Canadian business person in Havana
How Free is the Free trade?

§ Doha Round negotiations ended without any


agreement, leading many observers to question
whether the WTO continues to be relevant in the
absence of rich country trade concessions

§ Globalization synonymous to Americanization,


geopolitical hegemony

“ Globalization has a home address” – Denis Conway author of Globalization’s


contradictions
Trade Deficit
Composition Of The US Global Trade Deficit

Rest of World

Rest of Asia

China

US Trade Deficit Increase Largely From China & East Asia

© 2008, The US-China Business Council Sources: US Dept. of Commerce, US Dept. of the Treasury, US ITC
Environment Degradation
Tearing up the Kyoto Protocol
Treaty
Nuclear Weapons
Attack on Hiroshima & Nagasaki
United States of America- Largest
oil consuming nation

WORLD OIL
COMSUMPTION
"Earth provides enough to
satisfy every man's need,
but not every man's
greed"
- Mohandas K. Gandhi
Uncle Sam’s Everywhere – A List
of American Military Bases Around the World
• U.S. European Command
• Headquartered In - Stuttgart-Vaihingen,
Germany
• Responsible for 13 Million Square miles in
89 countries
• Begins from the North Cape of Norway and
extends through the Baltic and
Mediterranean Seas, through most of
Europe and parts of the Middle East, to the
Cape of Good Hope in South Africa.
Source: United States Department of Defense, August 2007
A Comprehensive List of
American Military Bases Across
• United States Army
- Seventh Army Training Command,
Grafenwoehr, Germany
- U.S. Army Tropic Test Center, Fort
Clayton, Panama
- U.S. Army Central Command, Saudi
Arabia

Source: United States Department of Defense, August 2007


Continued
• United States Navy
– Commander in Chief, U.S. Naval Forces, Europe
– Commander in Chief, U.S. Pacific Fleet
– Navy Guam
– Naval Air Station Keflavik, Iceland
– Naval Support Activity, Naples, Italy
– U.S. Naval Station, Rota, Spain
– U.S. Fleet Activities, Sasebo, Japan
– U.S. Seventh Fleet
– Naval Air Station, Sigonella, Italy

Source: United States Department of Defense, August 2007


Continued
United States Air Force
• Aviano Air Base, Italy
• Tuzla Air Base, Bosnia-Herzegovina
• Incirlik Air Base, Turkey
• Kadena Air Base, Okinawa, Japan
• Kunsan Air Base, Republic of Korea
• Misawa Air Base, Japan
• Osan Air Base, Republic of Korea
• Ramstein Air Base, Germany
• Taszar Air Base, Hungary
• Yokota Air Force Base, Japan
Source: United States Department of Defense, August 2007
GDP PERCENTAGE SPENT ON
MILITARY WORLDWIDE

Source: CIA World Factbook, “Military expenditures percent of GDP",


January 2008.
Constant Rise – The Current
Expenditure Trend Worldwide…
… And Who’s the Foremost
Culprit
The US Stands Out
An Upwardly Mobile Country –
Cruising In an Army Tank
Money Well Spent?
A Point to Make
• The world’s self-appointed
policeman, the United States of
America, allocated approximately
$481.4 billion, 51% of the total
federal funds budget, but ended up
spending approximately $711billion
in the year 2008.
Source: 'The Fiscal Year 2008 Discretionary Budget Request', Center for Arms
Control and Non-Proliferation, February 2007
A Depth Charge – Only More
Dangerous
• The country that heralded the
beginning of the New World Order also
orchestrated the “War on Terrorism”
post 9/11. Introduced, possibly, with the
best of intentions, this crusade has
been openly & widely criticized due to
turning into an expensive & barely
effective measure against terrorism.
Source: Publication- "Endless War: The global war on terror and
the new Bush Administration“, Oxford Research Group, UK
The War on Terrorism as
counterproductive
• The attacks of 9/11on the World Trade Center, the Pentagon
and United 93 Crash, created an immediate demand
throughout the United States for a decisive response,
leading to an invasion of Afghanistan dubbed ‘Operation
Enduring Freedom’ which removed the Taliban from power
and ended al-Qaeda's use of the country as a terrorist base.

• The stated objectives of the war


– to secure the American homeland
– break up terror cells within the country
– disrupt the activities of the international network of terrorist
organizations

Source: Presidential Address to the Nation, October 7, 2001,


White House.
The War on Terrorism as
counterproductive
• The Outcome
– aided terrorist recruitment, and
– increased the likelihood of attacks against the U.S.
and its allies
• Casualties
– Military casualties
• 54,114 to 58,864+ dead
– Civilian casualties
• Iraq — 62,570 to 1,124,000
• Afghanistan — between 1,300 and 49,600
• Somalia - 7,000+

Source: Article - “Operation Enduring Freedom: Why a Higher


Rate of Civilian Bombing Casualties”, the Guardian, UK
Countries in which Islamist terrorist attacks
have occurred on or after 9/11, 2001

Source: “Counterterrorism and terrorism”, Federal Bureau of


Investigation
Operation Iraqi Freedom
• Expenditure till date – approximately $845
billion
• Total Estimated cost of the war - $1.9 trillion
• Decreasing international support
• Stockholm International Peace Research
Institute– “The massive increase in US military
spending has been one of the factors
contributing to the deterioration of the US
economy since 2001”.

Sources: CBC, Newsworld, USA


The Guardian, UK
Friends Committee on National Legislation, February, 2008
The March Of The U.S. Towards
Peace
The Mumbai Terror
Is America the angel of death and
destruction?
• 100000 civilians killed in Guatemala (1954)

• 600000 people died in bombings by USA on peasants and their


fields in Cambodia (1973)

• 1000000 Iranians were killed in the Iraq - Iran War from 1980 -
1990 by US backed and financed programmes

• During end of Vietnam war (1975), to avenge the defeat and


death of its 58022 killed soldiers, it released several million tons of
Agent Orange and Napalm bombs which killed at least 2500000
Vietnamese civilians.

• The sanctions and blockades forced by US killed an additional


minimum of 1.5 million people

• 1200000 children died in Iraq between 1990 - 1997 as a result of


US led sanctions against medicine and food supplied - according to
World Food Program and UNICEF reports.
The Six Core Human Right
Treaties
q The International Covenant on Civil and Political Rights

q The International Covenant on Economic, Social and


Cultural Rights

q The International Convention on the Elimination of All


Forms of Racial Discrimination

q The Convention on the Elimination of All Forms of


Discrimination Against Women

q The Convention Against Torture and Other Cruel, Inhuman


or Degrading Treatment or Punishment

q The Convention on the Rights of the Child


Who Will Progress, The World
Or America?
Oil Reserves of USA
Biggest User of Oil
Reserves
Iraq Attack by USA
America consumes 3 times

• Daily consumes 20
million barrels
• Consumption has
climbed to a record
high
• Oil production has
declined to a 50-year
low
• Reserves of prime
import sources
decline.
Conclusion
THANK YOU

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