By James Petras, source

The recent events in Honduras and Iran, which pit democratically elected regimes against pro-US military and civilian actors intent on overthrowing them can best be understood as part of a larger White House strategy designed to rollback the gains achieved by opposition government and movements during the Bush years.

07.09.2009

In a manner reminiscent of Ronald Reagan’s New Cold War policies, Obama has vastly increased the military budget, increased the number of combat troops, targeted new regions for military intervention and backed military coups in regions traditionally controlled by the US . However Obama’s rollback strategy occurs in a very different international and domestic context. Unlike Reagan, Obama faces a prolonged and profound recession/depression, massive fiscal and trade deficits, a declining role in the world economy and loss of political dominance in Latin America, the Middle East, East Asia and elsewhere. While Reagan faced off against a decaying Soviet Communist regime, Obama confronts surging world-wide opposition from a variety of independent secular, clerical, nationalist, liberal democratic and socialist electoral regimes and social movements anchored in local struggles.

Obama’s rollback strategy is evident from his very first pronouncements, promising to reassert US dominance (‘leadership’) in the Middle East, his projection of massive military power in Afghanistan and military expansion in Pakistan and the destabilization of regimes through deep intervention by proxies as in Iran and Honduras.

Obama’s pursuit of the rollback strategy operates a multi-track policy of overt military intervention, covert ‘civil society’ operations and soft-sell, seemingly benign diplomatic rhetoric, which relies heavily on mass media propaganda. Major ongoing events illustrate the rollback policies in action…

The rest of the article (pdf)

An update (the article mentions the aid):

US suspends aid, Al Jazeera

…After nearly two weeks of mostly muted response from the US, Washington said on Wednesday that it had suspended $16.5m in military assistance programmes as well as development assistance programmes to the Honduran government.

It added that $50m more in assistance “could be in jeopardy” this year alone.

It added, however, that “programmes that directly benefit the Honduran people are continuing”, including “supporting the provision of food aid, HIV/Aids and other disease prevention, child survival, and disaster assistance, as well as election assistance to facilitate free and fair elections”…