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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: NOW who wrote (53240)7/11/2006 1:52:14 AM
From: Elroy Jetson  Read Replies (1) of 116555
 
I think some people are scared of the American public when the debt bubble falls apart.

During the 1930s economic depression, bankers and other wealthy right-wing individuals proposed that retired General Smedley Darlington Butler lead a coup d'etat to seize control of the government from FDR. They didn't like all of his socialist programs. Another coup attempt involved General Douglas MacArthur. Both Generals reported the coup plots and refused to participate. Yet no one was ever prosecuted.

Meanwhile people on the left campaigned for a workers economy where all large businesses were nationalized.

I don't think any of these new "spy on Americans" programs are motivated by terrorism. I think they're being put in place to keep Americans acting "normally". You know what normal is - doing what they're told without asking a lot of questions.

There's a lot of new programs to monitor American citizens like myself who deposit money in other currencies in foreign banks. When the British Pound collapsed after WW-II, this added to the business rot as many wealthy British citizens sent their Pounds to overseas banks into other, more stable, currencies. If the US government decided to impose currency controls, it would be helpful to have these monitoring programs already in place.
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