|
...we Bolivarians should hope for a victory November 7 of George
W. Bush's Republicans. These are the more stupidly venal and corrupt
faction. They have already made perhaps fatal errors in all their program
resulting in a potentially serious internal destabilization of the Empire ...
and their absurd and ridiculous mendacity has made of themselves and the
government they control an international disgrace.
Published: Wednesday, October 25, 2006
The financial powers of the
United States' empire are brittle in the extreme... VHeadline.com's Washington D.C.
based commentarist Chris Herz writes: In our last column we
discussed among other things the plain fact that the US electoral process cannot
be expected to change her relationship with Venezuela. We know that
prominent Democratic politicians here are just as much the wholly-owned
subsidiaries of the corporations as their supposed rivals in the governing
Republican Party. We know that the leaders of both these factions of the
kleptocratic corporatocracy have no program but the theft of resources from
all around the world ... starting with oil. They are all of them as relevant to the needs of
most of us as were the Blues and Greens of the Byzantine Empire. All that said, we Bolivarians should hope for a victory
November 7 of George W. Bush's Republicans. These are the more stupidly
venal and corrupt faction. They have already made perhaps fatal errors in
all their program resulting in a potentially serious internal destabilization of
the Empire ... and their absurd and ridiculous mendacity has made of themselves
and the government they control an international disgrace. But what is of
the very greatest value to ourselves is their unwillingness to tax the rich in
order to pay for war and chauvinistic militarism. By such doings as further disrupting the progressive
income tax, or by elimination of the estate tax, they have shifted the financial
costs of their war onto the social security funds. And onto other similar
debt instruments sold to foreign central banks. What this is doing in turn
is to expose all these institutions to financial failure if the adventure in the
Middle East turns out badly. If Coca Cola workers in Venezuela succeed in having the
Bolivarian government take control of the firm due to its malfeasance in
honoring its agreements for health and pension benefits, the obvious riposte of
the US regime will be to seize CITGO or other Venezuelan assets in order to
satisfy Coca Cola's claims. If the dummies in the White House can be induced
to that, then the way is open for the Bolivarian Republic to drop the dollar as
its reference for oil sales. The advantage there is the use of harder currencies ...
the Euro, the Yen or the Renmenbi ... to in turn brace the Bolivar and the
spectacle of a populist, social democratic government that was also financially
solid could be the last nail in the coffin of empire. The financial powers of the empire
are brittle in the extreme. It has been literally generations since the USA has run up
either the public or private debt figures of recent years. Thank you
so very much Mr. Bush. The effects of even one competently run
country running from the dollar could be like rolling a snowball down the side
of Mount Everest. By the time it hits the bottom it is an
avalanche. This must happen sooner or
later. With all their clever propaganda the US
Americans have not been able to repeal the laws of economics: If you are
bankrupt, you are bankrupt. Really, here in the land of the
automobile, look at the figures for Ford, GM and Chrysler. Need we say
more? Chris Herz Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM
SPONSORED LINKS
Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required) Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe __,_._,___ |
