On December 17th, Gallup headlined “Biden Inherits a Battered U.S. Image Abroad”.The Pew surveys have found the same thing: In almost all countries surveyed, other than Poland, public approval of America’s leadership plunged when Trump replaced Obama, and that low approval stayed down throughout Trump’s Presidency.
However, also on December 17th, the great investigative journalist David Sirota headlined at his “The Daily Poster” blog, “End The Austerity Loop”, and he documented that President Obama’s response to George W. Bush’s policies that had crashed the U.S. economy (and actually the entire world’s economy) had actually been to institute a bailout of the megabanks (“broker-dealers”), and — as soon as it was passed by Congress — Obama’s Administration refused to help the people who had been evicted from their homes as a result of what Wall Street had done. Obama said instead that all of the federal money had already been spent and he wouldn’t authorize increasing the federal debt even more than he already had authorized in order to bail out Wall Street.
Of course, Congress was also culpable in all of these Robin-Hood-in-reverse policies (protecting Wall Street while abandoning Main Street), but the ultimate leadership was at the top, and it was a policy of sheer hypocrisy. Trump has merely been hypocritical in a different way, and espousing a different set of excuses for his failures.
On 18 February 2011, National Public Radio headlined “TARP Watchdog Says Foreclosure Plan Is Failing” and reported that
Neil Barofsky, the special inspector general for the massive federal bank bailout program, or TARP, is stepping down from his post in March. He says the Obama administration’s program to prevent foreclosures is broken, and that many of the people it’s supposed to be helping are now “in a far worse place than they would have been had this program not existed.”
The purpose of Title XIII (“Pay it Back Act”) of the DoddFrank Act, according to Senator Michael Bennett, was to “rebuild the credibility of our financial system, save taxpayers billions of dollars, and finally move to end the TARP”12 by “prevent[ing] further government spending, recaptur[ing] taxpayers’ investment in financial institutions, and ensur[ing] that repaid funds are used for deficit reduction.”13 Under Title XIII, TARP funding authorized under the EESA was reduced from $700 billion to $475 billion.14 Also, no additional TARP funds can be spent on any program initiated after June 25, 2010; any money repaid to the TARP fund must be used for deficit reduction only.15 Title XIII amends the Housing and Economic Recovery Act of 2008. The Treasury must allocate the sale of obligations and securities, as well as fees paid by Fannie Mae, Freddie Mac, and Federal Home Loan Banks to the General Fund of the Treasury (“General Fund”).16 The funds must be “dedicated for the sole purpose of deficit reduction” and “prohibited from use as an offset for other spending increases or revenue reductions.”17 Similarly, TARP funds provided to a state under ARRA and rejected by the Governor or by the State legislature, or funds withdrawn or recaptured by the head of an executive agency not obligated by a State or local government, will be rescinded and deposited in the General Fund.18 Once in the General Fund, the money will be “dedicated for the sole purpose of deficit reduction” and “prohibited from use as an offset for other spending increases or revenue reductions.”19 Section 1306 further provides that discretionary ARRA appropriations that have not been obligated as of December 31, 2010 shall also be rescinded and deposited in the General Fund for the sole purpose of deficit reduction.
The megabanks had gotten their federal help, but foreclosures and boarded-up windows and storefronts were appearing everywhere and were lowering the surrounding property-values, so that both lower and middle-class real estate were getting increasingly worse and more run-down. The TARP Bailout Program saved the megabanks but not their victims; and here is why, as explained even by a conservative, pro-corporate, source:
The Problem With the TARP Program for Homeowners
Why didn’t more people take advantage of the HAMP and HARP programs? This would have pumped billions into the economy and helped millions of homeowners avoid foreclosure.
The problem was the banks. They cherry-picked applicants and refused to consider those with lower equity. Banks were too wary of risk to allow the programs to work.
These were the same banks, who just a few years before, were giving out loans to anyone because they were making money on the investments that were created from the loans.
There was no risk to the banks, as all these loans were guaranteed by Fannie Mae or Freddie Mac. Banks didn’t want to be bothered with the paperwork involved with homeowners who had mortgage insurance.
On 25 July 2016, a mortgage-industry website headlined “Obama administration presents a look at life after HAMP” and acknowledged “that there’s more work to be done.” (That was putting it mildly.)
The Obama Administration did nothing whatsoever to reduce those foreclosures. In fact, there was even less prosecution of financial and other white-collar crimes than there had been under Bush.
The admirers of President Trump are equally deceived — no less deceived than the admirers of Obama had been. Trump promised to “drain the swamp” and did none of that.
In foreign policies, Trump continued Obama’s wars (including aggressive sanctions), such as against Syria, and against Russia, and against Iraq, and intensified Obama’s war against China and against Iran and against Venezuela — all of these being against countries that had never threatened to invade the U.S., and so all of them were (and are) actually wars of aggression, not of defense.
Americans are profoundly deceived to accept such people as leaders, instead of to reject them as liars and as traitors.
Most Americans — and many people throughout the world — prefer one or the other of those two American Presidents on the basis only of political prejudices, but the actual differences between Obama and Trump were more stylistic than substantive.
President Trump, at the end of his Presidency, is polling, among the American public, both as one of the worst Presidents ever and as one of the best Presidents ever, and this is a reflection of the astoundingly sharp partisan divide now between Democrats and Republicans. Pathetically few Americans recognize that both of the two Parties represent only the billionaires — not the American people. This pervasive miscomprehension, by the public, results because the billionaires control not only the Government, they also control the press — they shape the population’s perceptions, so as to make this aristocracy (America’s billionaires) acceptable to the public, directing the public’s rage to be against the opposite Party, instead of against the billionaires themselves, who actually control the country.
Consequently, Democratic Party voters think that that Party is their Party, and Republican Party voters think that that Party is their Party. However, in reality, both Parties are controlled by America’s hundreds of billionaires — not by the given Party’s approximately hundred million registered voters. Obama represented the Democratic Party’s billionaires, and Trump represented the Republican Party’s billionaires (other than the ones who, in 2020, disliked Trump so much that they donated instead to the Biden campaign or to one of its PACs; and Biden’s biggest donor even turned out to be the Republican Michael Bloomberg, at $56,796,137, who had entered the Democratic Presidential primaries because he had feared that a progressive, Bernie Sanders, might win that Party’s nomination; Bloomberg then quit the contest and endorsed Biden on Super Tuesday, 4 March 2020, and immediately became Biden’s biggest funder).
This is a Government of the people, by the billionaires, and for the billionaires. It’s no democracy, whatsoever, and the U.S. Constitution has been covered-over, by the U.S. aristocracy’s Supreme Court’s rulings, so that it has become, by now, merely a parchment document, which ‘means’ whatever the (majority of the) U.S. aristocracy’s Supreme Court say that it means. Although those jurists are paid by the public to represent America’s Founders, they don’t represent America’s Founders, and they don’t represent the American people, either. They represent — and protect the interests of — America’s billionaires. They were chosen because that is what they had been doing before they had been chosen. If they hadn’t been doing this, they wouldn’t have been chosen. That’s the way today’s American Government functions.
Author’s note: first posted at Strategic Culture
Biden: No More “Favourite Dictators”
Former US President Donald Trump shared a strong personal rapport with Turkish President Recep Tayyip Erdogan, Saudi Crown Prince, Mohammed Bin Salman (MBS) and Egyptian President Abdel Fattah Al Sisi. Trump made no bones about the fact, that he got along well with authoritarian leaders – especially in the Middle East. At the G7 Summit in 2019, Trump while looking for Egyptian President had even said, “Where’s my favourite dictator?”
Statements made by Biden before taking over as US President
On the other hand, Joe Biden before taking over as US President had repeatedly criticized Erdogan, MBS and Sisi for their poor human rights record, and had unequivocally stated that none of them would have a free pass in a Biden Presidency. Biden had on numerous occasions flagged the dismal Human Rights record of Saudi Arabia, especially MBS’ involvement in the murder of Saudi Journalist Jamal Khashoggi, and lashed out at Trump for soft pedaling on the issue because of his personal rapport with MBS. Similarly, in August 2020, Biden had dubbed Erdogan as an ‘autocrat’ and also expressed the view that the US needed to lend support to opposition parties in Turkey. Biden had also issued a warning to Sisi, saying that there would be “no more blank checks for Trump’s ‘favourite dictator’.”
How President Biden has approached relations with the three leaders
During the Biden Administration, ties with Saudi Arabia have witnessed a change. A report which clearly points to MBS’ role in the murder of Saudi journalist Jamal Khashoggi was released (Trump had refused to release this report). The US has withdrawn support for the Saudi war in Yemen, and defence agreements signed between the US and Saudi Arabia, during the Trump Administration have been put on hold. Yet, Biden while sanctioning Saudi officials in connection with the Khashoggi case, in addition to those sanctioned by the Trump administration, refused to impose sanctions on MBS owing to the strategic importance of Saudi Arabia in the Middle East (Saudi support is essential for the revival of the Iran Nuclear Deal/Joint Comprehensive Plan of Action-JCPOA) and the strong US-Saudi relationship. It would be pertinent to point out, that Biden’s decision not to impose sanctions on MBS has drawn strong criticism from many including members of his own party.
If one were to look at the case of Turkey in recent months, the Turkish President has himself toned down his Anti-West rhetoric and described his meeting with Biden on the sidelines of the recent NATO Summit as fruitful. While commenting on the meeting with Biden, Erdogan stated that ‘ We believe there is no problem that cannot be resolved in Turkey-US relations,’
The US President also said, that the meeting with Erdogan was positive and expressed hope that the bilateral relationship would improve in days to come.
While the meeting between Biden and Erdogan was positive, differences between both sides still persist over Turkey’s purchase of S400 missiles (the Trump administration had imposed sanctions in its final days and Turkey had also been removed from its F-35 fighter jet program)
Turkey’s strategic relevance
Turkey has stated that it is willing to play a role in security in Afghanistan, and guard Kabul airport, after the US troop withdrawal from Afghanistan. The Turkish President did say that Turkey would require diplomatic, logistic and financial support that the United States. The Biden administration’s outreach to Turkey indicates that in spite of differences over key issues, Istanbul’s potentially important role post the US troop withdrawal from Afghanistan is something, the US will not ignore. Erdogan on his part needs to have a reasonable relationship with US, given the fact that the Turkish economy has slowed down significantly.
If one were to look at the case of Egypt, Egyptian President Abdel Fattah Al-Sisi role in the ceasefire between Israel and Palestine, was acknowledged by the Biden Administration. While the US President during a telephonic conversation hailed Sisi for his ‘successful diplomacy’ in the Israel-Palestine ceasefire, the Secretary of State Anthony Blinken said:
‘We have had in Egypt a real and effective partner in dealing with the violence, bringing it to a close, relatively quickly. And now, we are working closely together to build something positive’
It would be pertinent to point out, that during his telephonic conversation with Sisi, in May 2021, Biden did flag the need for a ‘constructive dialogue’ on human rights in Egypt
While it is easy to criticise Joe Biden, he has the onerous responsibility of striking a balance between values, which he has repeatedly referred to even after taking over as President, with US interests. Given the complex geopolitics of the Middle East, Biden while refraining from taking steps, which may be counterproductive has flagged his concerns with regard to Human Rights, and sent out a strong message that bilateral relations will be dictated by substance and not mere personal chemistry or optics. At the end of the day it is important not to forget Miles’s law — ‘where you stand depends upon where you sit’.
The liberal international order has not crumbled yet
Since 2017 when Donald Trump took office, the “liberal international order” erected in 1991 has been under serious challenges raised by the United States’ relative decline, the Trump administration’s isolationist policy, and on top of that, the outbreak of COVID-19. Indeed, this order is greatly plagued, which is evidenced by its dysfunction. Against this backdrop, its endurance in the upcoming time is questionable. Nevertheless, the liberal international order has not collapsed yet. It will even revive, and endure in the post-pandemic era.
The victory of Biden
Notwithstanding facing great threats, the liberal international order is far from crumbling. On the contrary, it is gradually reviving. In the Western world, countries are making effort to reform their order that is on the verge of collapse. This is true in the US – the world democracy’s leader. Joe Biden’s victory against Donald Trump may be a positive signal for the US and the global democracy. As a strong advocate for values including democracy, multilateralism and international trade, at no doubt, President Biden will be opposite to Trump in his policy, both domestic and foreign ones. Indeed, during his first 100 days, Mr.Biden has implemented some meaningful things. Regarding the pandemic, he has a stricter approach than his predecessor’s: Mandatory mask wearing, a $1.9-trillions bill, historical vaccination campaign, to name a few. All of Biden’s actions have been so far effective, when the new cases and deaths are steadily declining, and the number of vaccinated people is substantially high. This lays a foundation for Biden to reinvigorate his country’s ruined democracy and governance system, as his efficiency in countering COVID-19 may help him regain American people’s trust on the future of American democracy.
In terms of foreign policy, President Biden has some radical changes compared to that of Trump, which might be favorable to the Western world. At first glance, Biden embraces multilateralism much more than his predecessor, with the hope of saving the American global leadership. He supports Washington’s participation in international institutions, which is illustrated by the rejoining of WHO, Paris Agreement and several multilateral commitments. In tandem with this, Biden values the US’ alliances and strategic partnership as vital instruments for the US’ hegemony. Unlike Trump’s transactional approach, Biden prioritizes early and effective engagement with allies to tackle regional and global issues, especially major ones like NATO, G7. In Asia, he also seeks for further cooperation with traditional allies such as Japan, Australia, New Zealand and deepening partnership with Vietnam, Singapore, India and ASEAN countries.
More importantly, President Biden’s policies towards the US’ competitors and “rogue states” are far different from Trump’s. Granted, despite seeing China as the biggest threat to the American global leadership, Biden adopts a more flexible and multilateral policy. His administration looks to cooperate and compete with China, which implies a different trajectory of the US-China relationship in the upcoming time. Additionally, as noted above, instead of unilaterally escalating tensions with China as Trump did, Biden has been forging relations with traditional and potential Asian allies to contain China together, given China’s increasing assertiveness. With regard to Iran, Washington is now working on the Iran Nuclear Deal with other six parties, promising a potentially positive future on the relations of Iran with the US and the West. The bottom line is, a radical change in Biden’s foreign policy will be a clear message to the world that the US will still try to save the liberal international order and make this world safer for democracy.
The European Union is recovering
Things are happening in the same pattern in Europe. European leaders are also closely cooperating, both inside and outside the bloc, to defeat COVID-19. That said, they are ardently supporting multilateralism. So far, the EU has spent billions of dollars in vaccine development as well as humanitarian support, demonstrating its solidarity in the battle against COVID-19. As such, if EU leaders can successfully lead their bloc out of the current crisis, they can reform this currently plagued institution in the post-pandemic era. Not only seeking further intra-bloc cooperation, but also European leaders are working with other major actors around the world to substantiate the global battlefront against COVID-19. Recently, German Chancellor Angela Merkel urged her country and China to jointly develop COVID’s vaccine in an open, transparent way, and to a further extent, maintain good and stable bilateral partnership, regardless of two sides’ differences.
Similarly, the EU has been putting the Transatlantic relationship among the priorities of its foreign policy agenda. After Biden’s election, the European Commission has proposed refreshing the US-EU alliance and establishing a Transatlantic Trade and Technology Council, being seen as an informal tech alliance with the US to prevent China from dominating this critical sector. The Transatlantic relationship is perhaps one of the pillars for the liberal international order, given its long history and its contribution to maintain the global stability. In the last decades, this axis has been damaged by numerous issues, from economic to security, which is one of the main causes for the decline of liberal international order. Thus, a fresh Transatlantic relationship is conducive to the re-emergence of this order. In this respect, the EU’s effort to strengthen the Transatlantic alliance, despite being questionable in terms of feasibility and outcome, is still paving the way for reinvigorating of liberal international order. More notably, the most recent G7 Summit has illustrated the Western’s solidarity, when there is a convergence in most issues related to global governance and maintaining the Western-based order. This may be a harbinger of the liberal international order’s revival, at least in a foreseeable future.
Non-Western world is struggling
The dynamics outside the Western world is also changing in a more favorable direction. Many non-Western countries, once were effective in combating against the pandemic, are now struggling with a greater threat. Taiwan, in spite of being praised as one of the most successful states in the battle against COVID-19, is currently facing another wave of pandemic when the new cases in this island are surging recently. Other successful stories, let us say Thailand, Japan or South Korea, are questionable of maintaining their momentum in preventing the virus, showcased by their relatively inefficiency during this new wave, in implementing strong measures and getting their people vaccinated. This raises question about these countries’ model of governance, which was used to be praised as a better alternative for a plagued, dysfunctional Western one, thanks to its merits in helping those above-mentioned states contain COVID-19.
Major non-Western blocs are in the midst of COVID-19 crisis as well. The clearest example is the BRICS. Except China, all other countries in this bloc have been tremendously suffering from the pandemic. Due to this, they are far from being recovered quickly. This failure in dealing with the virus undermines the bloc’s previous effort in establishing its position as a major, effective one, not to mention building a new, non-Western international order. This is also the case with ASEAN, as the organization was sharply divided by COVID-19. There are countries doing well with controlling the pandemic such as Vietnam, Singapore, but the Philippines and Indonesia are unable to do so, making this bloc suffering from institutional sclerosis without having any coherent COVID-19 policy. Therefore, non-Western blocs and countries are far from being more efficient than Western ones, implying they are unable to come up with any better international orders than the current liberal international one.
More importantly, Western values underpinning the liberal international order are universal. This is noteworthy when arguing for the long-lasting of Western order, as its existence and endurance mainly hinge on the universality of Western values. These values have been embraced by many countries for a very long time. Hence, despite being deteriorated in recent years, they cannot be easily changed. On the other hand, non-Western values are also not as highly embraced as Western ones. China, desiring to topple the US, is initiating numerous projects and agreements to spread its values around the world, making the world less Western and more Chinese/Asian. Nonetheless, Beijing has yet achieved any remarkable achievements in making their values more widespread and embraced by the rest of the world. Even worse, its image has been tarnished due to its rising assertiveness. Its projects in developing countries, especially BRI-related projects, have been notorious for a large number of problems related to environment or local corruption, and it is raising strategic uncertainty in the region by its increasing militarization, particularly on the South China Sea. These movements have turned China into a “malevolent” major power, hindering its process of disseminating and socializing its values to the world.
It is also worth noting that although Western values have declined, they have been proven to be benevolent for this world. Most recently, it is Western countries that have successfully developed good COVID-19 vaccines to save themselves and save the world from this unprecedented health crisis. Non-Western countries, for instance China and Russia, have their own vaccines, but they are not as welcome as other developed countries in the West in the vaccine race, because their vaccines are relatively less effective than Western-produced ones. Democracy, liberty, lassaiz faire are values that help Western countries or ones embrace such things able to produce massive amount of effective vaccines, and more broadly to develop a strong science and technology foundation. Producing and distributing vaccine for the rest of the world would make the West become a savior, which is good for saving the liberal international order.
Without doubt, the liberal international order has been in its worst time since 1991 when it reached its heyday. However, thanks to its merits, the liberal international order will not die. Instead, most countries will jointly save it, because they have been benefitting from this order for a long time, and will be so in the future. The order’s founding members are recovering, and cooperating closely to reform it, as well as there are no better international orders that can replace the existing one. Given these circumstances, the liberal international order would re-emerge as a dominant form of ordering this world after the pandemic, and would be perpetuated.
Who benefits more from the Biden-Putin summit in Geneva?
With the Putin-Biden summit in Geneva around the corner, the question is who actually benefits more from the meeting in the small Swiss town.
Mainstream media and right-wing foreign policy thinkers alike have argued that a joint press conference would “elevate” President Putin to the level of the American President.
Ivana Strander, the Jeane Kirkpatrick fellow at the American Enterprise Institute in Washington DC, argued that the upcoming Geneva summit is actually “a gift” to Putin.
In a CNN story, Kaitlan Collins and Kevin Liptak mention that “officials who have been involved in arranging past US meetings with Putin say the Russian side often pushes for a joint press conference, hoping to elevate Putin’s stature by having him appear alongside the American leader”.
Whether as a subconscious bias or an actual reflection of attitudes, prevalent is the idea that coming close to the US President is a privilege that other leaders can only dream about. But who gains more from the upcoming summit?
In fact, it is the American President who is vying for other leaders’ approval and acceptance once again after a humiliating period – not the other way around. American is emerging from Trumpism, which revealed the other, ugly face of America. Trumpism is not gone and the other face of America is still there.
This week, US President Joe Biden is eager to show the world that America is “back”. In meetings with the G7, NATO countries’ top leaders, the NATO Secretary General, the Queen of England, and President Putin in the same week, Biden is asking the world to forget the last four years. And he is not doing this from the position of power or superiority. That’s why assuming that other heads of state, be it Putin or anyone else really, can only gain by coming close to the superiority of the American President is a misplaced and misguided. The US President is asking the international community to take America back – not the other way around.
President Putin doesn’t need the US President’s acceptance – Putin already got that. That happened back in 2018, in Helsinki, when President Trump sided with Putin over the US government’s own intelligence agencies, by rejecting the idea of Russia’s meddling in the US presidential elections. Trump slapped across the face and humiliated the US intelligence community in front of the whole world. Ever since, the US intelligence community has tried to figure out ways to prove Trump wrong and show him otherwise. And they have gone to incredible lengths, only so that they can get their pay pack of a sort, and prove Trump wrong. So, Putin already got what he wanted. He doesn’t need more “elevation”.
What’s also striking is that in Geneva, the UN is absolutely missing from the action. Geneva is the home of numerous UN agencies and international organizations, and not one is actually involved, which speaks volumes to questions of relevance. It is the Swiss government from Bern which is organizing the Summit. The UN is nowhere to be seen which is also indicative of the current Biden priorities.
If Trump was about “America First”, then Biden is about “America is still number one, right?”. But as the United Kingdom learned the hard way recently, it is sometimes best for a declining power to perhaps elegantly realize that the rest of the world no longer wants to dance to its tune, or at least not to its tune only. Discussions about how much Putin gains from coming close to the presence of the US President are misguided. In trying to climb back on the international stage on crotches and covered up in bruises, America is not in a position to look down on other big powers. And as regards who benefits more from the Summit, it seems like one side is there with a clear request asking for something. My understanding is that it is Biden who wants Putin to hand cyber criminals over to him. Putin still hasn’t said what he wants from Biden, in return.
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