SC102-9

http://kunstler.com/blog/2010/05/worse-than-1789.html#more

lbendet May 3, 2010 5:07 PM

Everything works hand-in-hand. It's a recipe for disaster long in the making not an accident.

Just look at this past week as your guide to the "Long Emergency". We have climactic incidents, tornadoes and flooding. Coal mine and oil rig accidents, water main break outside Boston, effecting 2 million people. And the cherry on top is an amature terror attack in Times Square on a Saturday night while our power elite are self-indulging in their yearly presidential roast. (BFD)

As beautifully described this weekend on CNN, unlike other countries, US law does not require the safety apparatus that can shut an oil well down in the event of failure of the shut down mechanisms. By the way, what isn't being mentioned is Cheney little pet, Halliburton was the contractor hired to cemented the rig. There have been other rigs that have failed thanks to their shoddy work.
In the Nixon White house an economist by the name of Milton Friedman was working with Kissinger and that administration to move from Keynesianism to The Chicago School of Business paradigm of the free market as ideated by Friedman. (and orchestrating the Pinochet takeover of Chile)

This theory of his for which he won a Nobel Peace Prize, is for the abdication of the government to apply any restrictions to the ownership class, which basically removes the rule of law as applied to business activities. A must read on the subject is Naomi Kline's "Shock Doctrine", a brilliantly researched book that will shine a light on everything that is going on. Once you read it you won't be fooled by the tripe you hear on the news.

Keep in mind that the people who say they hate big government love it for the privatized contractors who are after the very money the American people have paid in taxes for their future. (IE the "Entitlements", now under attack by Friedmanites on both sides of the aisle.) Yes, I'm afraid our educational system does not want anyone to understand the greatness that was once the American marketplace due to a balance between public and private.

Kissinger lead Nixon by the ear to China in the '70's as he saw the potential of over a billion people buying US goods and producing them for peanuts. Like pigs sniffing out the truffles, these people are looking for slave labor world-wide, cutting out the American middleclass in the act. The idea is to go regressive, destroying the great historic strides of the working class in the twentieth century and pressuring all our salaries and rates downward.

The idea was to go global--for US business owners to operate outside the framework of US laws and taxation. The removal of the dollar peg to gold. Is key to the downfall of our currency, even if it is still the fiat currency. With the fall of Communism, the US no longer needed a well educated populace, nor did it need to be the manufacturing bulwark that showcased a great society of happy well-employed people to advertise the success of Capitalism over Communism.

My theory is that Friedman reconstructed Leon Trotsky's idea of world-wide Revolution of the Proletariat and switched it to worldwide elite, unite. Like-minded elites around the world would in fact be working together to undermine the social contract with the people and in David Rockefeller's words. "Nation States should be decoupled from their resources".

Since the fall of communism this country has been fast-tracked through NAFTA and our insane trade policies to find the cheapest labor on earth, with no regulation. There's no oversight or quality control. Instead of raising all ships as Clinton would say, our ship is being lowered and the biggest loser in this paradigm is the American middle class, soon to be as poor as the poorest third worlders. What people need to understand is that the US is but a quaint idea to these people who see themselves as globalists.
They scream loudest about patriotism while undermining the country.

We no longer produce wealth, but are living on the keytones of debt and monetization of securities. I think we really can't call ourselves Capitalist anymore. The destruction is all around us in our infrastructure that these great Americans don't want to fix, because they believe private companies from Spain, such as the clients of Rudy Guiliani, who will get government contracts. Check out the Nasco Corridor on the web and find out more about these ideas, never discussed on the news.

Yes, we are going to face tremendous challenges for energy but it didn't have to be like this. This was a choice made by greedy people, who want world hegemony in the sphere of finance and military. That is why there are so many who are above the law. Don't hold your breath for the end of TBTF.