(Same but better edited) - At the end of the day, every naughty boy gets punished in one way or another, if by removing much of his freedom, sanction toys or plays he likes and even contained to parental house arrest. Yes this happens when responsible parents have the interest of the child in mind and try to prepare him for a disciplined life ahead of him.
In my allegory the US society received his punishment by having Obama elected as president, a person who conducts internal and external policies which are completely opposite to his pre-election promises and populous campaign. Any one opposing his “change of hearth” on policy matter is send to the proverbial “political Siberia” He surrounded himself with only those people who believe in him fanatically or have very serious economic vested interest for Obama to stay in power or know that Obama can be used as their puppet to achieve their narrow interest of personal enrichment beyond imagination.
In a nutshell the US as a state and society is harshly punished for it’s indulgence which started a after the Reagan administration and really accelerated under Clinton a master in deceit and self serving policies ( does any one remembers the so called “suicide" of an attorney on the White House grounds( ) or Clinton definition of sex? or having or not having "sex with this woman" by taking advantage of his position in power)
Unfortunate within the world confines the story is very very different from my allegory in my fist paragraph, every naughty nation get punished the weaker one by startling sanction, the stronger one by eroding their world credibility and labeling them “rouge state” but not by standards of morality and the good of the state future but by weakening the “rouge state” into accepting the terms and conditions of the emerging power to establish themselves within the world.
This flip of fortunes is mainly economic driven and the one with the “riches” calls the shots and not the one who is right, no matter if those state riches where obtain by exploiting their own population other nation or plain plunder.
Russia tried it but was to openly brutal toward any one who was not adhering to their interest from Eastern Europe, Central Asia, S.E Asia and their own population therefore after 2 generations more or less their policy failed
Come China who is fast at learning the power game and play softball but with not less hideous goals of propagating their own interests on the expense of others, and they succeed at it very well running a country under a queasy totalitarian rule by comity propagating an ideology that has nothing to do with personal freedom of choice or thought or the very basic human rights issues - but China due to their hordes of rural poor population transforms them into queasy slaves to enrich the state and hurt their economic competitors, by iron fist policies packaged in a soft velvet glove for the outsiders to see, and by thus amassing huge state wealth
The net result is very aggressive and ruthless emerging power which tramples on every value the Western World cherish advances in Africa S. America Central Asia with a policy of colonialism and imperialism with a velvet glove, under the pretenses of “free trade which is sorely very one sided.
And how are the “former powers” of the Western World dealing with this cynical expansion? The EU have no backbones and resort to threaten those states that are “small change” in their power by exercising “their EU interest” on those states, that do not have the "means” to make a dent in EU economic power and completely ignore the real and present dangers of submitting their hard earned social value to a powerful rouge state or totalitarian regime run by “committee” or a queasy dictator
Until now the only “state standing” was the US in a way, policing the world for better or worse with a major flaw embedded in its culture – Keep the electorate happy no matter the worldwide economic hardship, and massing military expenses to fulfill the world leadership and propagating the concept of a free world, with personal freedom of choice or thought or the very basic human rights issues. US electorate was coerced into thinking that such leadership comes for free and US interest will be served for free, and all this at the same time, forgetting that it has cost many hundreds of $ billions a year over 2 generations to remove the Russian expansionist threat.
All this was achieved by wrongly exploiting the might and industrial powers of the US to enrich the few and initiating the “trickle down” policy, which when this policy stopped to be effective and under the Clinton administration to resort to plain thievery and deceit with the government finances, social security savings and future Medicare coverage. They plainly robbed the bank to satisfy the electorate to splurge on a binge of consumerism and keep it happy by hiding the sorry fact that the available income of its electorate is stagnating or even shrinking if adjusted to real inflation and use a bunch of thieves and swindlers employed by WS to reflect on the country riches via the ill conceived mirror of the financial markets which are based on fraud manipulation an deceit. Yes the stock market is supposed to reflect the health of our economy – and given the human nature there are some correction in prices from time to time – what a lie – the stock market did not predict the recent economic crisis similar to the great depression 3 generation ago, The US Stock markets actually printed a new “all time high” at a time that various credit problems (and not only the subprime mortgages) where well in full drive!!
In summary going back to the start of my writings the US as a state behaved like a naughty kid but not in a warm carrying home but in a merciless world, where at every corner there is some one with a knife to grind or better said “stick it to into you” so after successfully eliminating the rouge Russian empire the US with it’s self deluging way of thinking of itself as still the preeminent world power received its punishment trough China policies which render the US interest to dust in many corners of the world and steam rolls everything the US society believes in. Even a buffoon like Shaves recognizes the US weakness and uses it for his personal gain, Iran completely ignores the Great Satan and its punishment power and even relative friendly Brazil thumps its nose to the former Western Powers allying himself with Iran and Venezuela and trying its own world agenda of supremacy
Obama bowing before every powerless monarch or Arab sheik, who is running a totalitarian state ruled by middle ages religious laws and with blood on his hands, as sign of “new political attitude” only reflects the utter weakness of the US as a state.
Obama irrelevancy is obvious almost on any world event of some meaningful importance, and was strikingly clear now at Copenhagen, that most world powers actually proved to him his irrelevance on the world scene if from a political or economic point of view.
The emptiness of the US economic power is also reflected in the recent negotiations related to CO2 emissions in Copenhagen whereby the US can not afford to spend from its budget and industry and is avidly opposing any expense related to CO2 emission, which are not so much as a result of principle but for pure economic reason, reflecting an inefficient industry and a powerless administration which is basing its strength to satisfy the masses short term and their desire to splurge further, and by this to keep the constituency happy. – which is a clear reflection of US weakness. Along those lines, who will take now the US President and the US seriously?
More so the US is relaying in racking in a substantial amount of their income tax revenue not from hard work creative industrialization etc., but from financial market manipulation and volatility via their preferred agents and crowds of pushers, thieves and swindlers working for WS and financial centers around the world..
That is why the Secretary of the Treasury is so opposed to international transaction tax as it will severely curtail financial market manipulation and substantially lower the resulting income tax streams robbed from around the world from the purposely induced market volatility.
Few dollars every nanosecond amounts to billions in income. A tax on financial transaction will substantially lower the financial markets volatility and as a result will lower the amount of revenue gained form this source, which is international in its nature and end up that every one around the planet pays the US Treasury a fee by using the financial markets courtesy of the big WS houses.
People may not by knowledgably on all issues and inner working of the financial markets, but in general they are not stupid and in the long run this policy of using WS Houses (more notably GS, MS, JPM, C, BA etc.,) to rack in income taxes from around the world and enrich few, beyond any ones dreams like the perpetrators and middle men is inducing harsh resentment against the US from around the world.
Too many now dislike the US which is a big change form let say 20 years ago including those that once admired the US and I speak about the usual Marry and Joe..
In an nutshell my interpretation of the current state of affairs is that the industrialized might of the US was hollowed up many years ago, and therefore need to relay on thieves and swindlers of WS for a substantial amount of their tax revenue, (Lehman’s Structured products are one example of embezzling over $300 billion world wide from simple people mostly investing their savings in a fake Ponzi scheme and small municipalities not savvy enough to evaluate the risks … and there are so many more examples on a daily basis)…….. and therefore the largesse of Obama administration with saving immoral failed financial institutions pouring billions into their operation and enabling them to pay to the actual perpetrators unheard amounts of compensation in bonuses, at a time that over16% of the US population is in DEPRESSION according to BLS and do not know from where their next paycheck will come.
The actual industry that manufactures actual “widgets” that we can use are so constrained in their profitability presumably due to lack of investment in new equipment that they can not afford the relative small expense to lower their energy consumption for the sake of saving on pollution emission improving air quality and lowering CO2 emissions. It is obvious that the productivity edge resulting from computerizing most of the operation has run its course and now old fashion productivity measure must be taken and not smoke and mirror schemes to shore up the enterprise balance sheet
Instead of investing into US infrastructure, education for all, cheaper academic education and family values and integrity Obama and his administration is paying lip service to the “FAT CATS” of Wall Street of which many completely ignored the US president call and participated “by telephone” on this so called URGENT meeting to shore up the US economy.
In a nutshell the US president is in the proverbial “WS Fat Cats” pocket and no more than a puppet that can be easily manipulated ….. and on those state of affairs I wonder why so many expect that this US President should be respected by the leaders of other nations? … what a joke.
In the writer opinion until the culture of greed and self indulging will not subside and the true value of education and hard work will be reinstated in the US, there is slim chance that he US can hold on its predominant position within the world nations.
From a market perspective if no radical change will ensue and a fast return to the values that made America great I anticipate that all US related valuation from currencies to industrial operation will slide over the long term and the place of world prominence will be taken by another country or group of countries. |
