Re: No revolution will be needed to...

Some of what you say here appears correct.  There are a few points which
I may emphasize otherwise:
 (1) Capitalists always compete with one another - the success in the competitive
process translates into monopolization of production/distribution. The real
competition in the ongoing transition is an interstate competition for mobile
capital.
(2) The expansionist projects are of course disturbing.  However there are
also limits to these expansionist ventures.  The story of Iraq is an unfinished
one - in two senses.  One the US still has not consolidated its presence
there.  Second (and arising out of the first) the 'subaltern' strata in the
Middle East are surely also re-thinking even as they are resisting,  their
short and intermediate-run strategies (this is a question for further research).
 The question of expansion into Africa will produce another twist to the
intensifications of 'overstretch', none of which may be directly evident
today.  The point I think, is that US hegemony is over.  It is still running
however partly because of its military strength and partly because of its
'cultural appeal' - if that is indeed a correct expression.  (3)  The "captive
market of 26 million [in Iraq]" may turn out otherwise than it appears.  It
may turn out into a captive market for arms that may be used to resist further
incursions by the US into the Middle East.  

KenRichard2002@aol.com wrote:
> The dominant classes are skilled at
> manipulating a populus which is only to happy to oblige.    The fear and
> anger which resulted from the dot.com crash,  revelations of corporate corruption,
> accounting corruption and stock analyst's sham analysis in favor of corporate
> interests were redirected at Saddam Hussein,  the evil outsider who threatened
> Mom and apple pie with nukes, bioterrorism and chemical destruction.  And
> they did it with the same skill with which they sucked poor suckers into
> the stock market with,  "Buy! Buy! Buy!  Stocks are cheap!"  and, "Accumulate,
>  in doing so you reduce the overall costs of your stock price by averaging!"
>  and, "Accumulate and increase your share in the market!" and, "Hold!  Your
> loses are only on paper unless you sell!".    So they are very skilled at
> what they do.  And the general public realizes they are being taken for a
> ride but it's a ride they are willing to go on.  It's a faith based economy.
>  And now the market is going back up.  But you won't hear any analysts explain
> that the reason there is renewed interests in the market economy by the capitalists
> class is due to the fact that we now have a captive market of 26 million
> who have been doing without during 12 long years of sanctions.  That's a
> lot of pent up demand.  And when we control the purse strings on their economy,
>  then we control how much they will borrow, from whom they borrow and at
> what rate of adjustable interests they borrow.  We control what products
> are going to be made available to these 26 million people,  whose productive
> capacity has been greatly diminshed.  Subjugated economy, subjugated population,
>  control over petroleum exports.  And very little domestic reform over corporations.
>  Expansion of US money supply into the only Middle Eastern country in which
> the Euro took hold.  The only way there is going to be any revolution is
> if and when the capitalist classe has a violent falling out among themselves.
>  Otherwise,  every crisis will be met with a violent expansion of US economic
> interests,  capturing markets and raw materials.  The US is banking on Africa
> failing in the war on AIDS in order to violently expand the US economy into
> that region. 
>  
> KR