Gold, Oil, and the Road to War

On Friday, Feb. 28, 2026, the government of Donald Trump, along with the Zionist entity, launched a full-scale military assault on Iran. Trump indicated that, as he did during the so-called 12-day war in June 2025, the attack aimed at killing top Iranian leaders.

This time, the targets included Iran’s “supreme leader” — as the expression is translated in the West — Ayatollah Ali Khamenei. The 86-year-old was the religious leader of Shia Islam based in Iran, and other Muslims respected him as well. Millions of Iranians were outraged, as millions of Catholics and other Christians would be if a powerful nation bombed the Vatican to kill the pope. A U.S. airstrike on a girls’ elementary school killed, according to one estimate, almost 170 people, mostly schoolgirls. A brilliant example of U.S. military technology and power!?!

In addition to joining the assault, the Zionist entity has gone even further. It launched a massive attack on Lebanon, intending to drive out all Arab people from the southern part of the country. If that isn’t enough, it tightened its food blockade against Gaza, escalating the genocide, while the assault on Iran diverts the attention of the world. The war on Iran raises many questions, including the relationship between the Zionist entity, the so-called State of Israel, and the U.S.-NATO world empire.

The Historical Limits of Capital: From Stagflation to Artificial Intelligence

Recent media speculation has focused on whether 79-year-old President Donald Trump is experiencing cognitive decline, echoing similar coverage of his predecessor, Joseph Biden.

They’re the oldest men to have held the office. As people age, they become more vulnerable to the group of brain changes we call dementia. I’m not qualified to assess anyone’s health; what matters here is what these stories signal politically — confusion, factionalism, and instability at the top of the state.

At times, it seems that Trump has no coherent foreign policy. There are stories he’s pressuring Euromaidan Ukraine to settle the war with Russia on Russian terms. Then it seems that settlement talks go nowhere.

Palestine

On October 9, a new ceasefire in Gaza was announced. The last one took effect in January 2025 as Donald Trump assumed office. Many hoped this was the end of the Gaza genocide.

In March, the genocide resumed as Trump and Zionist entity leaders made clear their aims included the complete removal of the Palestinian population from Gaza. Kept open was whether this process was through ethnic cleansing or physical annihilation (literal genocide).

Physical annihilation was achieved by killing through mass bombing, cutting off food and water, causing manufactured famine, and disease.

Marxism versus Individual Terror

On September 10, far-right youth group Turning Point USA leader Charlie Kirk was assassinated by a sniper at Utah Valley University in Orem, Utah. The FBI arrested 22-year-old Tyler Robinson, who turned himself in at the urging of his family. Turning Point USA specializes in organizing far-right youth to support the Republican Party and Donald Trump. Kirk was a thorough-going bigot who specialized in baiting African Americans, Muslims, women’s rights activists, gays, trans people, leftists, progressives and liberals. He also made anti-Semitic remarks that in no way excluded his strong support for Zionism.

Gaza Genocide Resumes as U.S. Wages War on Yemen

On March 17, the Gaza genocide resumed, first the blockade and then the bombing. It appears we are back where we were under Genocide Joe Biden. Up until then, Trump was better for the Palestinian people in one sense. After his election, negotiations paused the genocide. The pause began on January 19, the day before he became president.

Now the only difference is that, in theory, the Biden administration supported the so-called two-state solution that had been Washington’s official policy since 1993, with the Oslo Accords. The West Bank and the Gaza Strip would form a separate Palestinian state, while the rest of historic Palestine would belong to the Zionist entity, the Jewish State of Israel. Biden insisted that Gaza’s Hamas administration be replaced by the rule of the notorious collaborationist Palestinian Authority, under Mahmoud Abbas, who has acted as a Zionist agent. The Biden administration, like its predecessors, opposed anything like (bourgeois) democratic rule in Gaza.

Though he supported this approach in his first administration, Trump has now junked it. He’s made it clear that all Palestinians will have to leave Gaza, promising they will enjoy a wonderful life somewhere outside Palestine. In addition, the U.S. would own Gaza, transforming it into some kind of hotel casino resort, owned by U.S. capitalists that would include the Trump Organization itself.

Genocide Joe

On Wednesday, Jan. 15, 2025, five days before Donald Trump took office, an agreement was announced for a ceasefire to take effect the following Sunday, Jan. 19. President-elect Trump sent Steve Witoff, like Trump a New York City real estate magnate, to negotiate — or rather, lay down the law — to the Netanyahu regime.

When Israeli leaders protested that it was Saturday, the Jewish Sabbath, Witoff, who is Jewish, swept these pious objections aside. He said that the Netanyahu regime would have to agree to terms established the previous May.

None of the tricks that worked under Trump’s predecessor to stop a ceasefire worked this time. It was an offer the Zionist entity could not refuse.

Gang Warfare

For weeks following Israel’s murder of Hamas leader Ismail Haniyeh in Tehran on July 31, the world wondered if (and when) Iran would retaliate. Haniyeh was heavily involved in diplomatic activity to end Israel’s genocidal bombing in Gaza. He had been in Tehran for the inauguration of Iran’s new president, Masoud Pezehkian.

Iran was widely expected to react by launching a drone and missile counterattack on Israel as in April, but this time to causing greater damage. Much to the surprise of most observers, Iran took no military action. It seems that the Iranian leaders were engaged in intense diplomatic activity to arrange a ceasefire to end, or at least suspend, Israel’s genocidal bombing campaign on Gaza.

Hezbollah, the Lebanese political-religious resistance organization, was also negotiating for a ceasefire. Its leader, Hassan Nasrallah, was one of the most popular and respected political leaders in Lebanon.

Student Protests Against U.S.-Supported Israeli Genocide Spread Globally

Building since October 2023, the final weeks of April 2024 saw an explosion of student protests against U.S.-supported Israeli genocide in Gaza on campuses across the U.S. and the world. The latest, at Columbia University in New York City, was the site of a previous protest in 1968. That one was against Columbia’s ties to the U.S. military during the Vietnam War and was part of a wave of student protests around the country. It spread to France and helped trigger the great workers’ General Strike of May-June 1968.

The 2024 Columbia students demand:

Divest all finances, including the endowment, from corporations that profit from Israeli apartheid, genocide, and occupation in Palestine.
Complete transparency for all of Columbia’s financial investments.
Amnesty for all students and faculty disciplined or fired in the movement for Palestinian Liberation.

As of April 29, protests have swept across so many campuses that we don’t have the room to list them. We can safely say nothing of this scale has been seen since the May 1970 student strikes against Nixon’s extension of the Vietnam War to Cambodia.

The Genocide Continues

Israel’s relentless genocide against the people of Gaza continues without letup as I write these lines. In recent weeks, U.S. imperialism has tried to create the impression they’re putting some distance between themselves and the Israeli regime. For example, the Democratic Senate majority leader Charles Schumer said, “As a lifelong supporter of Israel, it has become clear to me: The Netanyahu coalition no longer fits the needs of Israel after October 7. The world has changed, radically, since then, and the Israeli people are being stifled right now by a governing vision that is stuck in the past”.

Schumer is right about one thing: The world changed after October 7 as massive protests broke out across the globe, including within the United States. It isn’t only Schumer. Genocide Joe’s administration, after vetoing every ceasefire proposed in the UN Security Council, introduced a resolution of its own, the nature of which was summarized by Russian representative Vassily Nebenzia.

“Nebenzia further described the vote as a ploy to throw [U.S. voters in support of a ceasefire] a bone’ with a false ceasefire call,” the web publication Truthout reported.

The Fate of Rafah

As I write these lines on Feb. 25, 2024, the immediate future of the genocide waged by Israel against the people of the Gaza Strip is coming down to the fate of the small southern city of Rafah. The vast majority of Gazans have been rendered homeless, as Israel’s bombing campaign has destroyed or made uninhabitable most of the housing stock of what was Gaza City as well as the rest of the strip.

Since October, Gaza’s people have been crowded into the city of Rafah along the border with Egypt. In the next few weeks, the question is whether Israel will destroy Rafah, killing or driving out its population, or will Israel be forced to accept a temporary ceasefire. Without a ceasefire, the effects of the bombing and other military actions, plus thirst, hunger, and disease, will kill Gazans or force them out of Palestine altogether. A ceasefire would buy time and pressure the U.S.-led imperialists to allow aid to reach the people so they can stay alive and keep fighting to stay and rebuild in the future. But this presents a danger to Israel.

The danger is when the war — if this kind of genocide can be called a war — ends in some kind of ceasefire — those who’ve survived it will still be in place, fighting and eventually liberating their entire homeland. This would be a defeat for Israel and its aim of transforming itself from the settler colony it is today into a real nation along the lines of Canada, Australia, or the United States. These nations began as settler colonies but became nations, in part, by crushing the native population.