"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Old Threat Rings True Today
“Bin Laden proclaimed his grand strategy in the 1990s. He would oust the modern ‘crusaders’ by luring the U.S. and its allies into a series of small, debilitating, hugely expensive wars to bleed and slowly bankrupt the U.S. economy, which he called America's Achilles' heel.”
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Yep. In terms of financial damage to the empire it's a hugely successful strategy.
Eric Margolis is one of my favorite commentators on foreign policy. I've listened to several of his interviews with Scott Horton at antiwar.com.