The remedy for the present economic situation, throughout the world, is to reverse these physical-economic trends, measured as both physical output per capita, and also capital-intensity, and energy-flux density of sources of power applied.

This urgently needed reform can be effected only by eliminating entirely the existing world monetary system, and replacing it with a general agreement on partnership among sovereign nation-states operating through a credit-system, rather than a monetary system. The role of the U.S.A. as presently a net debtor nation, but with a Hamiltonian tradition and a very large debt to work off, is the essential platform on which to base both a global fixed-exchange-rate credit-system and half-century uttering of debt as credit for the crash-program type of re-energizing the world economy.

Without such a reform now, the situation for every nation of the world is presently imminently a hopeless one. Therefore, end the existence of the British empire, now.

Since 1789, there have been only two leading financial-economic systems in the world. The one has been the European system, which has been dominated by the British Empire since the February 1763 Peace of Paris, and the challenger, the American System as designed under the leadership of Alexander Hamilton, an American System built into the relevant provisions of the U.S. Federal Constitution.

However, treasonous, post-Franklin Roosevelt developments within the U.S. political-economic system, prepared the way for the post-1968 developments since the catastrophic developments, led by the United Kingdom during the 1968-1973 interval. By March 1, 1968, the U.S. dollar was already degenerating, under the influence of the Trilateral Commission, into a mere auxiliary of the Anglo-Dutch-Saudi international monetarist system based on the long-standing role of the hegemonic, London-created petroleum spot market. The ensuing wrecking of the U.S. economy and dollar under David Rockefeller's Trilateral Commission sabotage of 1977-1981, as combined with the lunatic and ruinous "green" policies launched during the 1970s, destroyed the U.S.A. in its former role as a true sovereign nation-state, and turned it into an increasingly decadent role as a pawn of London, via London's Wall Street swindlers.

CARACAS - PRESIDENT Hugo Chavez on Sunday bridled at US plans to use military bases in Colombia, asserting that Venezuela was the top US target in the region and that Venezuelans should prepare for war.

Speaking in his weekly live radio and television broadcast, Chavez also chided US President Barack Obama for accusing leftist Latin leaders of 'hypocrisy' for demanding that Washington intervene more forcefully to reinstate Honduras' ousted President Manuel Zelaya.

Mr Obama 'is lost in the clouds. I think he is entering a terrible labyrinth', Mr Chavez said. 'Obama doesn't understand. He needs to study a bit more. He is a young man, full of good intentions.'

'Obama, we are not asking you to intervene in Honduras. To the contrary, we are asking that the empire remove its hand from Honduras and that the empire remove its claws from Latin America,' he said.

In 1798, the legislatures of Virginia and Kentucky approved resolutions that affirmed the states' right to resist federal encroachments on their powers. If the federal government has the exclusive right to judge the extent of its own powers, warned the resolutions' authors (James Madison and Thomas Jefferson, respectively), it will continue to grow - regardless of elections, the separation of powers, and other much-touted limits on government power. The Virginia Resolutions spoke of the states' right to "interpose" between the federal government and the people of the state; the Kentucky Resolutions (in a 1799 follow-up to the original resolutions) used the term "nullification" - the states, they said, could nullify unconstitutional federal laws.