USA is considered as the dreamer’s paradise. It is known for its advanced capitalists pursuit, technological wonders, political innovations, social stunts and military arrogance. For the past half a century, the American domination in the world is unparallel. A carefully crafted policy combined with theatrics employed by the American stakeholders has shaped ‘the big image’. Today that fancy figure of America is in tatters. In every field they are collapsing and proving to be a failed nation.
In the social and political spheres, America has exposed its weakness long back. With 12 percent poverty ticking in the self-proclaimed prosperous land, other social evils are also teething. More than 90 percent of the teenaged girls are pregnant. Child bearing and social dropouts of teenaged girls are common. Health sector is in doldrums. Nearly 40 percent Americans cannot afford the high cost of the health services.
Education has the same sad story to narrate. With the blind commercialization every good thing associated with education is missing. This is amply clear from the democrat candidate Barack Obama’s election promise – “We will make education as a priority to make America competitive again in the world”. This has been the repeated promise of the Presidential candidates cutting party lines for the past two decades.
Collapse of the World Trade Centre towers in 2001 shows the inefficiency of the American police. That tragic incident may not be the single incident to expose the weakness of the system. But the aftermath of 9/11 is a clear indicator of the American confusion. In the run to capture Osama Bin Laden and Saddam Hussein, the Marines have messed up completely. Iraq and Afghanistan are almost destroyed. Without care for innocent lives, American military has bombarded the territories of these poor countries. Even after eight years, the great American military with ultra modern technology has failed to capture its enemy No.1, Osama. What is the use of self proclaimed supremacy? One man is challenging and defeating the only global super-power!
When every golden trait associated with the American supremacy is vanishing, capitalism was considered as its bedrock intact. Even that last fort is crumbling. In the past one year alone, the government has spent $900 to bail out failed private companies. The liberal and capitalist tendencies of the Americans were thrown in the air. Against the established norms of the American system, the state went in for the rescue of the collapsed private companies. “Privatization of profit and socialization of losses” says Nouriel Roubiani, a New York University professor. In the interests of the government and to safeguard the entire social system this rescue operation is carried out. For instance $85 billion package to AIG (American International Group) has some merit. The company has $1 trillion turnover with 73 million customers in 130 countries. Naturally any careless handling of the company’s inefficiency will affect both global and local social systems. But the question is, why this organizational bungling in the world’s No.1 nation?
Bailouts in 2008
Fannie Mae and Freddie Mac 200
Federal Housing Administration 300
Fed’s Term Auction Facility 200
JP Morgan Chase 87
AIG 85
Bear Stearns 29
Grants to local communities 4
$ in billion
Source: The Times of India, 18 September 2008, p.24.
A detailed analysis of the past few decades shows that the casual American approach is responsible for the shakeup of the foundation. Every issue was dramatized and looked in Hollywood movie style. Even they did not spare tragic incidents like 9/11.
In the intra-connected world every nation’s well-being is crucial. One cannot live happily without peaceful progress of the other. Any trouble for America or Iraq or Afghanistan or India is not good for the rest of the world. As the world leader, America needs to reform its thought processes and actions for the benefit of all. More importantly any carelessness will affect its own nation and people seriously. The American system is urgently in need of understanding and accepting this holy truth. The early they take it for implementation the better the world will be.
In the social and political spheres, America has exposed its weakness long back. With 12 percent poverty ticking in the self-proclaimed prosperous land, other social evils are also teething. More than 90 percent of the teenaged girls are pregnant. Child bearing and social dropouts of teenaged girls are common. Health sector is in doldrums. Nearly 40 percent Americans cannot afford the high cost of the health services.
Education has the same sad story to narrate. With the blind commercialization every good thing associated with education is missing. This is amply clear from the democrat candidate Barack Obama’s election promise – “We will make education as a priority to make America competitive again in the world”. This has been the repeated promise of the Presidential candidates cutting party lines for the past two decades.
Collapse of the World Trade Centre towers in 2001 shows the inefficiency of the American police. That tragic incident may not be the single incident to expose the weakness of the system. But the aftermath of 9/11 is a clear indicator of the American confusion. In the run to capture Osama Bin Laden and Saddam Hussein, the Marines have messed up completely. Iraq and Afghanistan are almost destroyed. Without care for innocent lives, American military has bombarded the territories of these poor countries. Even after eight years, the great American military with ultra modern technology has failed to capture its enemy No.1, Osama. What is the use of self proclaimed supremacy? One man is challenging and defeating the only global super-power!
When every golden trait associated with the American supremacy is vanishing, capitalism was considered as its bedrock intact. Even that last fort is crumbling. In the past one year alone, the government has spent $900 to bail out failed private companies. The liberal and capitalist tendencies of the Americans were thrown in the air. Against the established norms of the American system, the state went in for the rescue of the collapsed private companies. “Privatization of profit and socialization of losses” says Nouriel Roubiani, a New York University professor. In the interests of the government and to safeguard the entire social system this rescue operation is carried out. For instance $85 billion package to AIG (American International Group) has some merit. The company has $1 trillion turnover with 73 million customers in 130 countries. Naturally any careless handling of the company’s inefficiency will affect both global and local social systems. But the question is, why this organizational bungling in the world’s No.1 nation?
Bailouts in 2008
Fannie Mae and Freddie Mac 200
Federal Housing Administration 300
Fed’s Term Auction Facility 200
JP Morgan Chase 87
AIG 85
Bear Stearns 29
Grants to local communities 4
$ in billion
Source: The Times of India, 18 September 2008, p.24.
A detailed analysis of the past few decades shows that the casual American approach is responsible for the shakeup of the foundation. Every issue was dramatized and looked in Hollywood movie style. Even they did not spare tragic incidents like 9/11.
In the intra-connected world every nation’s well-being is crucial. One cannot live happily without peaceful progress of the other. Any trouble for America or Iraq or Afghanistan or India is not good for the rest of the world. As the world leader, America needs to reform its thought processes and actions for the benefit of all. More importantly any carelessness will affect its own nation and people seriously. The American system is urgently in need of understanding and accepting this holy truth. The early they take it for implementation the better the world will be.
1 comment:
Although I don't disagree with some of your comments....you totally lost all credibility when you stated 90% of American teenagers are pregnant. Did you confuse the decimal point?
"In 2001, the latest year for which statistics are available, 84 of every 1,000 teen girls in the U.S. became pregnant, says the National Campaign to Prevent Teen Pregnancy." 2001 = 8.1%
Please re-check.
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