Daily Archives: January 6th, 2008

Will the world keep financing the American Federal Empire?

During the last six months or so, I catch the CNBC International reports every morning while getting ready for work. The show covers the European and Asian stock exchanges in great detail and I have learned quite a bit about globalism and its’ relationship to the New (One) World Order. I have discovered that the world is already broken up into economic zones loosely. Probably not as united as the NWO would like it, but its’ roots are firmly in place.

With that in mind, finally a little over 60% of the public in the United States are aware of  the nations’ precarious economic position, and their own financial place in the global scheme of things.

And they are finally scared. Not only are they scared, they are coming to the realization that there is little they can do about it. Some are pinning their hopes on the upcoming Presidential Elections, but as the past year has shown, both major political parties are in the back pocket of the Globalists/Militarists. If there are those of you reading this who currently still believe the US is a Democratic Republic, I put this question to you; “Has the Congress performed the wishes mandated them by the 2006 Congressional Elections?” No? I thought not.

So obvious to me anyway, politicians will do little to change the status quo. Why should they? They gain mightily by serving and preserving the military-industrial-congressional-complex. Iraq War II has been a bonanza to the global militarists and their sycophants. But this was done with the blessings of the NWO and its present useful tools, the neocons and the private Federal Reserve Banks. Without globalist(globalism) financing, the continuing Iraqi Occupation would not be possible according to Paul Craig Roberts:

 In the 21st century, the US economy has been driven by consumers going deeper in debt. Consumption fueled by increases in indebtedness received its greatest boost from Fed chairman Alan Greenspan’s low interest rate policy. Greenspan covered up the adverse effects of offshoring on the US economy by engineering a housing boom. The boom created employment in construction and financial firms and pushed up home prices, thus creating equity for consumers to spend to keep consumer demand growing.

This source of US economic growth is exhausted and imploding. The full consequences of the housing bust remain to be realized. American consumers lack discretionary income and can pay higher taxes only by reducing their consumption. The service industries, which have provided the only source of new jobs in the 21st century, are already experiencing falling demand. A tax increase would cause widespread distress.

As John Maynard Keynes and his followers made clear, a tax increase on a recessionary economy is a recipe for falling tax revenues as well as economic hardship.

Superpower America is a ship of fools in denial of their plight. While offshoring kills American economic prospects, “free market economists” sing its praises. While war imposes enormous costs on a bankrupt country, neoconservatives call for more war, and Republicans and Democrats appropriate war funds which can only be obtained by borrowing abroad.

By focusing America on war in the Middle East, the purpose of which is to guarantee Israel’s territorial expansion, the executive and legislative branches, along with the media, have let slip the last opportunities the US had to put its financial house in order. We have arrived at the point where it is no longer bold to say that nothing now can be done. Unless the rest of the world decides to underwrite our economic rescue, the chips will fall where they may.

Of course the main NWO plan involves more than the expansion of Eretz Israel. In the elites view, the serfs of the world are to be taxed and cannon-fodder, Israel’s included. That’s for a later discussion though.

Paul Craig Roberts was a St. Ronnie Raygun follower and still touts the Sainted One as a True Conservative. We all know that Ronnie was a neocon tool, even if he himself believed otherwise. Roberts has tried to redeem himself the past few years by recognizing that the present regime is a faux conservative imposter and has worked tirelessly to expose them. Even while he has come to see that “deficits do matter”, he has not admitted his own “Reagonomics” started this slippery slope to begin with! Oh well, better late than never.

The globalists are determined to control the American economic landing into a recession because while fueled by debt, the American Economy is still the world’s largest and the prime mover of globalism. If the US crashes too hard, so will others, and the NWO doesn’t want the global network to collapse too quickly. They still need serfs who are employed to pay taxes that support their various agendas.

You wouldn’t want them to dirty their dainty paws, would you?

Original article