Wednesday, February 10, 2010
Will Financial Ruin End Neocon Empire? Chinese Talk of Selling U.S. Bonds
Will an empty pocketbook and a broken economy finally put an end to the wars of aggression, to the new 'World War IV' , to the manipulative media, to the loss of our liberties and threats of terror and the militarization of our society on all levels? If it stopped the mighty U.S.S.R. why can't it also stop our corporate masters and power elite in their tracks? Of course the bankers and special interests might find ways of keeping their armed to the teeth mercenary, the USA, fighting on, but some recent articles point to problems ahead for the war plans of the empire builders.
As Eric Margolis points out in an article in the Toronto Sun, "More empires have fallen because of reckless finances than invasion. The latest example was the Soviet Union, which spent itself into ruin by buying tanks."
He goes on to make comparisons to the dying British Empire: "Besides the late U.S.S.R., the U.S. also increasingly resembles the dying British Empire in 1945, crushed by immense debts incurred to wage the Second World War, unable to continue financing or defending the imperium, yet still imbued with imperial pretensions."
Did you know that China spends only 10% of what we do on defence? Will someone invade China tomorrow? Doubt it. And imagine how much money we would have for the betterment of our society if we slashed our defence spending only in half or even just by a quarter or a third? We would still be spending more then three times what anyone spends on defence. What would end is the murder of countless civilians and soldiers off in the deserts of central asia somewhere for the sake of big money interests and greedy imperial minds like those of Kristol, Cheney, Lieberman, Pearl, Podhoretz, Pipes etc...Anyone who supports an American empire, not for the benefit of ordinary Americans but for the benefit of international bankers, the military-industrial complex, the 'robber class' and the power elite, will obviously need to control our media and our society to keep control of THEIR imperial army, namely the U.S. military.
Though we might not have control of our government, our media, or our military, if our finances collapse, then THEIR empire collapses with it.
A recent article on how Chinese military officers spoke openly about the possibility of retaliation against the U.S. for its recent arms sales to Taiwan through the selling of U.S. Bonds underscores how the greedy empire of the neocons might fall like a house of cards should the Chinese ever not wish to cooperate.
These ideas have been around as this 2008 video of Ron Paul illustrates, who thought then "it's time to end the empire" since "the system here is going to collapse because we can't be maintaining this with our ability to pay for it."
As William Kristol described "All good things must come to an end." Though he was speaking from his warped right/left perspective on the 'conservative' era, his statement equally applies to more then a decade of open lies to the public, invading of foreign countries, undermining of our civil liberties, and creation of massive debt, even as he and his ilk go on to talk of modern conservatism as 'defending liberty with strength and confidence.'