[lbo-talk] missing hegemon at the CFR

Steven L. Robinson srobin21 at comcast.net
Wed May 23 10:10:00 PDT 2007

All of which suggests no speedy withdrawal from Iran or Afghanistan and no reduction of the US military budget in the event the Dems win the Presidencey in 2008. SR

-------------- Original message -------------- From: Doug Henwood <dhenwood at panix.com>

> Both Summers and Volcker looked stunned into silence for a while, and
> then Summers said that that was a "powerful" observation couched as a
> question. And Volcker expressed concern that managing a crisis would
> be much more difficult now with the U.S. "politically weakened" and
> the target of so much "antagonism" around the world. He worried that
> Europe and the Asia might go off on their own. Someone else asked who
> out there might "lend a hand" if the U.S. hit a wall. Another long
> pause, and then Volcker doubted anyone would raise his hand as
> volunteer, which prompted nervous chuckles.
> Doug
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