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Author Topic: "...skimming from the top...vast bureaucracy beneath..." - looting America  (Read 1373 times)
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WhiskeyGirl
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« on: July 12, 2011, 02:33:36 PM »

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Empires need resources. Wise empires expand their trade routes and tax their own people lightly. Ideological empires crack open the piggy bank and try to pay it back by nationalizing everything, including the debt and trying to work the people twice as hard to pay it all back. Obama cracked open the piggy bank, hammered it so hard that there are still shards from here to Shanghai. And it all still has to be paid for, one way or another. You can blame the kulaks or the rich or the sparrows, but it still has to be paid back. The great shovel ready infrastructure projects have gone nowhere. The bailouts meant payday for the oligarchy and franks and beans for everyone else.

Where China and Russia figured out that if you’re going to have an oligarchy skimming from the top and a vast bureaucracy beneath as their base of power, then you need a booming economy. Russia harnessed its energy exports. China its slave labor. America exports debt. The debt of countless homeowners was sold abroad. The debt of future generations is being sold overseas right now. And that’s slavery and serfdom. A less wise serfdom than the Chinese model. If the Chinese are expected to be slaves now in order to reap the benefits later, Americans enjoy the benefits now in order to be slaves later. It’s the ant and the grasshopper and it can only end badly.

But it’s doubtful that Obama has figured out that he and a handful of his close advisers can’t actually run the economy. A rising Republican congress has meant scaling back, not giving up. This is Obama’s Long March, the re-entrenchment in preparation for 2012. Those progressives who survive the Long March plan to feast on suckling pork when the returns are in. The CEO’s will outsource their companies to China and leave before anyone is the wiser. The problems they create will outlive them, but not affect them. This isn’t a lack of vision, but a deficit of responsibility. Few walk away proud that they have built a better future. Instead they loot what they can, and if they leave before anyone notices, they pat themselves on the back for their success.

read more here - http://canadafreepress.com/index.php/article/37688

Looting America, one trillion at a time...

just my humble opinions
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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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