This scribe has repeatedly drawn attention to the corporate lobby in America which was described as the real axis of evil. In its indiscriminate search for profit it made America a huge debtor nation of China and seriously compromised US security. This lobby has overwhelming influence over American politics and mainstream media. It has hobbled US presidents in their first terms and compromised them through scandal in their second terms to extract obedience. Only President Bush succeeded in avoiding vulnerability to blackmail in his second term. He then attempted to undo some of the disastrous policies imposed on him by the Neo-Conservative lobby during his first term. He initiated the Indo-US Nuclear deal as an opening to a strategic alliance with India that would have created an Asian balance of power with China.
That was not to be. The US-China corporate lobby with its long reach scuttled any such move by manipulating Indian leaders of the Left and BJP to join hands in scuttling the real intent of the deal to reduce it to a mere energy issue. Little wonder that during the recent Hindustan Times Summit when asked why China got so much importance over India, Bush replied coldly and with a tinge of bitterness: “You must learn to live with that.”
Why the recent Obama-Hu statement on South Asia should cause worry is that President Obama appears very much to be a creature of the US-China corporate lobby. This scribe never had doubts about that even during the US election campaign. On November 23, 2008 he pointed out: “Obama could afford to spurn Federal poll funding and managed to acquire the biggest campaign fund in US history. He has exceeded the Bush campaign fund for the second term. Obama is spending more than four times what McCain does on advertising. So how can he lose? Thanks to Goldman Sachs and buddies who first displayed confidence in him, Obama’s list of donors continued to swell. After his expected victory -- poof! The global crisis will start to fade and disappear.”