Joe Kelley
Administrator
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http://www.lewrockwell.com/engelhardt/engelhardt190.html
I must say, I don't really think we're on a track to have a war with Iran any time soon – maybe I'm too optimistic here [he laughs] – but I suspect even the civilian hawks understand that the United States is already overcommitted, that to expand the war on terror to a new theater, the Iranian theater, would in all likelihood have the most dire consequences, globally and in Iraq. (Andrew Bacevich)
The Delusions of Global Hegemony
An Interview With Andrew Bacevich
by Tom Engelhardt
I have only read up to the quoted part and as I continue reading this vital link it occurs to me to link this too:
http://forum.atimes.com/topic.asp?TOPIC_ID=7304
Since there seems to be something resembling intelligent debate here, despite the comments suggesting otherwise, I wonder if the readership would mind a push toward a more accurate understanding concerning this money stuff.
It doesn’t need to be complex for a general understanding of the basic principles involved.
Mr. USA can print and issue, print and loan, print and print until the sky falls or the cows come home or whatever happens when the printing business can no longer stay in business; at the current rate of printing.
Is that not simple?
Mr. USA has a money tree and so long as the fruit is delicious so long will that business flourish.
Mr. USA can grow fat and comfortable or Mr. USA can be wise and invest that power into making more power. Mr. USA can do both too. Mr. USA cannot do any of that forever; not without customers.
One could call those customers something else, like slaves for example, or victims, whatever, the fact remains quite simple; having no subjects ends the funny business.
Someone must buy into the extortion racket or fraud, pyramid scheme, whatever, again, the facts are important and the euphemisms are simply the false labels used to keep the subjects interested in buying the fruit from Mr. USA’s money tree.
And this has been going on since before Alexander Hamilton was shot by Aaron Burr.
So much for the Mr. USA side of things now but certainly not forever.
What about Mr. China? (me)
If Mr. USA does not secure control over the flow of Oil from Iran, then, Mr. USA will lose control of the dollar denominated money tree.
It is a proportional thing and perhaps a significant change of direction.
Hegemony is a curious word.
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