USA now borrows 55 cents out of every dollar it spends. Those doing the lending will only do so if there is a reasonable chance of getting paid back.
The war in Syria is about the USA ability to pay back loans. USA wants North Africa and the Middle East for cheap oil and Afghanistan minerals to have as assets against which to continue borrowing. China and Russia have said, no, you'll need to come up with something else. China and Russia will have the Middle East and North Africa. One problem is the borrowing, another is the debt.
Sometimes I listen to Ray Luccia who has had a popular investment-advice radio show for forty years. he tells people how to handle their situation with 401K and Roth-IRA, etc. We have a large segment of our population counting credit, and advising people on managing their credit. Now they use the word "money" but almost no one has any money.
All of those financial assets are credits of some sort, with no asset backing the credit. Money flows ponzi-style, from newest contributors to first contributors. In a ponzi-scheme, it folds when someone decides not to play anymore. In USA, it is a criminal act not to play.
But we have been borrowing the money to pay the first-contributors. We can go to war with China if they stop lending, but we cannot force them to lend. So this can end.
Wars have the benefit of the victor takes over and decides the allocation of the spoils. If we had won in Iraq, we'd be deciding how much Cheney gets, how much Bush gets, etc. Cheney has oil interests in Syria right now, and we are risking world war for that.
But back to the sheer time it takes to account for all those trillions in "assets." Businesses, banks, employees, employers, CPAs, tax collectors policy planners, all going to work every day and spending their lives accounting for.... nothing. There are no assets backing the numbers on the page. The only asset is a number on the page. It is worse than nothing being produced, all of the people who believe they are "set" based on numbers on a page are not producing anything. We have one army of number pushers assuring another army of non-performers that they are wealthy. This cannot end well.
But it can. There is somewhere USA can go without war and neocon destabilization plans and crazy left and right wing political solutions. We can go back to where we got off track. Split USA back into 50 countries, with a strictly limited Federal Government. Return to the rule of law that once protected the environment before the progressives destroyed it. Return to the peace and prosperity and security we had before the conservatives and the military destroyed it.
How? Deregulate something. Anything. What matches our deficits in scale is the potential of our economy freed of our suppression of USA creativity. If we were to deregulate money and banking, or medicine, or education, or national defense or the internet, or home building.... anything, we'd come roaring back and leave the rest of the world astonished. And scrambling to organize around the USAs astonishing success.
Because deregulation is a good thing the powers that be have conditioned you to hate the word. But in reality freedom leads to peace and prosperity.
Instead, we have yet another war pending because Dick Cheney and his crew want the oil around Syria, and it's pipeline potential. We'd need truth commissions to show the crazies who now staff the commanding heights just what Bush and Clinton, etc have been up to, but we may now have a prosecutors office ready willing and able to handle this task. The Vatican, with Pope "who am I to judge" Francis as chief judge. Let Cheney face a truth commission, and when the facts are out, let him go. If he finds a million right wing Christians realize they have been had by him, well his protection is his problem.
But it is not really so. When the crazy fighting stops, good will floods in. I was in Saigon in April 2010. I was often asked if I had been there before (as in, as a soldier) by the older folk, but the younger, now the majority of the population, have no experience of the war, and desire to get on with peace and prosperity as they have known it. Let's get out of Syria and the middle east and get busy with the greatest opportunity we face, making USA free again.
Feel free to forward this by email to three of your friends.
The war in Syria is about the USA ability to pay back loans. USA wants North Africa and the Middle East for cheap oil and Afghanistan minerals to have as assets against which to continue borrowing. China and Russia have said, no, you'll need to come up with something else. China and Russia will have the Middle East and North Africa. One problem is the borrowing, another is the debt.
We have had a century of false prosperity based on printed money and credit. In the last 100 years we have seen the creation of the Fed in the US (a central bank owned, created and controlled by private bankers) combined with fractional reserve banking (allowing banks to leverage 10 to 50 times), exploding government debt and a derivatives market of $1.4+ quadrillion. These are the principal reasons why the world economy has expanded in the last century and particularly in the last 40 years. These four extremely shaky legs, Central bank printing, Bank leverage, Government borrowing and Derivatives manufacturing have created a world of delusional wealth and illusory prosperity. Also, there is a total absence of moral and ethical values. We are in the final stages of an era of extreme decadence, an era that sadly cannot and will not have a happy ending.Now the Middle East is low hanging fruit. Maybe we'll find something else, like invade Mexico or Brazil. I hope not, I hope we are at the high water mark for the USA empire, and and back down over Syria ends the isolation USA is now experiencing worldwide due to the neocon policies, and we can re-engage the world in free trade.
Sometimes I listen to Ray Luccia who has had a popular investment-advice radio show for forty years. he tells people how to handle their situation with 401K and Roth-IRA, etc. We have a large segment of our population counting credit, and advising people on managing their credit. Now they use the word "money" but almost no one has any money.
All of those financial assets are credits of some sort, with no asset backing the credit. Money flows ponzi-style, from newest contributors to first contributors. In a ponzi-scheme, it folds when someone decides not to play anymore. In USA, it is a criminal act not to play.
But we have been borrowing the money to pay the first-contributors. We can go to war with China if they stop lending, but we cannot force them to lend. So this can end.
Wars have the benefit of the victor takes over and decides the allocation of the spoils. If we had won in Iraq, we'd be deciding how much Cheney gets, how much Bush gets, etc. Cheney has oil interests in Syria right now, and we are risking world war for that.
But back to the sheer time it takes to account for all those trillions in "assets." Businesses, banks, employees, employers, CPAs, tax collectors policy planners, all going to work every day and spending their lives accounting for.... nothing. There are no assets backing the numbers on the page. The only asset is a number on the page. It is worse than nothing being produced, all of the people who believe they are "set" based on numbers on a page are not producing anything. We have one army of number pushers assuring another army of non-performers that they are wealthy. This cannot end well.
But it can. There is somewhere USA can go without war and neocon destabilization plans and crazy left and right wing political solutions. We can go back to where we got off track. Split USA back into 50 countries, with a strictly limited Federal Government. Return to the rule of law that once protected the environment before the progressives destroyed it. Return to the peace and prosperity and security we had before the conservatives and the military destroyed it.
How? Deregulate something. Anything. What matches our deficits in scale is the potential of our economy freed of our suppression of USA creativity. If we were to deregulate money and banking, or medicine, or education, or national defense or the internet, or home building.... anything, we'd come roaring back and leave the rest of the world astonished. And scrambling to organize around the USAs astonishing success.
Because deregulation is a good thing the powers that be have conditioned you to hate the word. But in reality freedom leads to peace and prosperity.
Instead, we have yet another war pending because Dick Cheney and his crew want the oil around Syria, and it's pipeline potential. We'd need truth commissions to show the crazies who now staff the commanding heights just what Bush and Clinton, etc have been up to, but we may now have a prosecutors office ready willing and able to handle this task. The Vatican, with Pope "who am I to judge" Francis as chief judge. Let Cheney face a truth commission, and when the facts are out, let him go. If he finds a million right wing Christians realize they have been had by him, well his protection is his problem.
But it is not really so. When the crazy fighting stops, good will floods in. I was in Saigon in April 2010. I was often asked if I had been there before (as in, as a soldier) by the older folk, but the younger, now the majority of the population, have no experience of the war, and desire to get on with peace and prosperity as they have known it. Let's get out of Syria and the middle east and get busy with the greatest opportunity we face, making USA free again.
Feel free to forward this by email to three of your friends.
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