If true it's one of BHO's worst commitments, no argument there, and during the campaign he did express support for building a system that doesn't even work.
dredmond at efn.org wrote:
> Bye bye euphoria, hello cold harsh reality:
>
> http://news.bbc.co.uk/2/hi/europe/7717669.stm
> "US President-elect Barack Obama will go ahead with plans to build part of
> a controversial missile defence system on Polish soil, Poland has
> announced."
>
> Amazing. Out of all the idiotic, wasteful, and self-destructive Bush
> foreign policy decisions to defend, Obama picks the absolute worst. Yes,
> he's not President yet, but he could at least have hedged his bets and
> said no decision has been taken.
>
> One of the things to remember is that, by symbolically running against the
> Empire, Obama didn't just raise the expectations of Americans - he also
> raised the expectations of the new metropoles and rising semi-peripheries
> who finance this place. Unlike ordinary Americans, who can't do much to
> influence policy unless they build strong social movements, America's
> creditors have vast geopolitical clout. As Brad Setser notes, since August
> these latter have stopped buying Agency debt and insist on Treasuries.
> This is a limited run on the dollar, and a warning that the patience of
> the creditors is not infinite. If Obama proves he's not a reliable
> counterparty, bye bye foreign credit and bye bye US economy.
>
> -- DRR
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
>