We promote fair and honest political discussion from all sides of the ideological spectrum While my own opinions and my contributors tend toward a more progressive view, that's not always the case. I ask people to comment freely and openly to promote fair discourse.
Bill O'Reilly Vs. Phil Donahue
Democrats Without Stones
BIll O'Reilly Calls Tom DeLay Powerless
BIll Maher's Commentary on the state of Bush in Am...
Tejano Warriors: Johnson And Bush
A Great Photo And A Forlorn Future For Louisiana: ...
Chief Justice John Roberts?
Panel Proposes Merit Law Violation Decriminalizati...
Alberto Gonzales: Porn Buster
Yesterday in DC there was a ProWar rally to offeset the anti-war rally. There's a good article from the AP wire about it. Here's an excerpt:
Praise, Anger at Pro-War Rally in D.C. By ELISABETH GOODRIDGE, Associated Press Writer
Support for U.S. troops fighting abroad mixed with anger toward anti-war demonstrators at home as hundreds of people, far fewer than organizers had expected, rallied Sunday on the National Mall just a day after a massive protest against the war in Iraq.
"No matter what your ideals are, our sons and daughters are fighting for our freedom," said Marilyn Faatz, who drove from New Jersey to attend the rally. "We are making a mockery out of this. And we need to stand united, but we are not."
About 400 people gathered near a stage on an eastern segment of the mall, a large photo of an American flag serving as a backdrop. Amid banners and signs proclaiming support for U.S. troops, several speakers hailed the effort to bring democracy to Iraq and Afghanistan and denounced those who protest it.
I did a bit of reading last night and I've discovered this war is about something much more crucial to our country. It's about money. I know, everyone is thinking. No DUH. It's about oil and money and money and American Freedom. But honestly, it's much more basic than that, it's about our very survival. Huh? Why you ask? What heck is that? You're full of it. We're money grubbing imperialist weasels. But that's not the issue for debate.
The money part is tied to the World Bank, the International Monetary Fund and currency. Right now, the defacto international currency is the U.S. dollar. Back during the Nixon administration, the U.S. dropped the gold standard to free up the U.S. from certain obligations. When they did that, the thing that gave value to the U.S. dollar, as my friend Cynicus pointed out is the bill itself. It says so at the top of the bill. It's not a gold reserve note or a silver certificate, it's a dollar, backed with the full faith and credit of the U.S., whatever that may be.
Right now, many other countries, with China at the top of the list, own huge amounts of dollars. China dedicates a full one fifth of their GDP towards the purchase of the U.S. dollar. Where does this tie in with Iraq you might say? Well... old Saddam suggested being paid in Euros. Well, if the Euro caught on, the it might become the primary currency and the value of the dollar in the world would drop. Creditor nations might start calling in their debts and we'd be in real trouble. You see, like most of the people in this country, lives deeply in debt, well beyond their means. All it takes is one of those major oil nations to start changing out their currency for Euros and we're in real trouble. Just like for nations like Iran and other to start waving that over our heads.
More on the IMF and the WB later but this should give you enough to chew on.
The war in Iraq is to protect our nation at it's most basic level, in the economy. If the dollar ever really slips, so will we and it will be ugly.
posted by Stithmeister @ 2:40 PM
Links to this post:
A few friends and I are of the opinion that the US Economy is about to make like the Titanic. Out of control REPUBLICAN spending with an ever decreasing tax base has our economy on a crash course. Oil which literally fuels this country is going out the roof on cost. A housing bubble is on the verge of collapse. The only thing that might push it further back is the urgent needs of so many victims of Hurricane Katrina being forced to mortgage their futures in hopes of once again having a home. More likely, the Real Estate Investors can rent the property to keep the housing bubble afloat. We are moving ever closer to a Fuedal Society where Lords, greater & lesser own everything and the common folk must slave to even keep a roof over their heads, even if it will never be truly theirs.
The English have a saying "House Proud". The idea is that you've truly made it when you own the house you live in. Until then, your still effectively a Serf. Generations often work towards the idea of someday having a house. Such houses are passed down Parent to Child, as a rare and precious inheritance. America in recent generations is rather unique in that living in your parents house was not just considered rare, but effectively looked down on. If things continue, future generations in America may find the idea of "House Proud" not so strange.
.. and oh yes. For the rough future times ahead that this particular seer sees, a house and property has one additional merit. With land, you at least have some place to grow a small garden. Thru murky eyes I see the 'Victory Gardens' of WWII making a come back. But this time, the 'Evil Fascist' we must fear is not across the ocean, but is much closer to home.
Post a Comment
links to this post << Home
I'm currently working in the telecomm industry but one of my passions is still politics.
Atom Site Feed
Ky Democratic Party
Air AMerica Radio
Ky. Stonewall Democrats
Long Way Home
Rick Howell Speaks
The Daou Report
New York Times
Christian Science Monitor
Los Angeles Times