Totally off course

* PRIVATIZE THE PROFITS & SOCIALIZE THE LOSS *

Disaster Capitalism triumphant!

Mussolini said that fascism is quite simply the corporate state. This story ends all speculation that we are living in a fascist empire where it is impossible to determine where corporations end and government begins and vice-versa.

"Our only political party has two right wings, one called Republican, the other Democratic. But Henry Adams figured all that out back in the 1890s. 'We have a single system,' he wrote, and 'in that system the only question is the price at which the proletariat is to be bought and sold, the bread and circuses." : Gore Vidal - The Decline and Fall of the American Empire

Militarily overextended and with a faltering economy and collapsing currency, the cabal of morons that rules America still hopes to attack Iran, Syria, and to drive Hezbollah from Lebanon. American idiots in think tanks are busy at work drawing up plans about how the US is going to check China and prevent her emergence as a power beyond US control. The Republican presidential candidate has boasted that he will challenge Russia and bring Putin to heel.

Amazing. The world’s greatest debtor is going to take on the two powerful countries with the largest trade surpluses. According to the World Factbook, an annual publication of the CIA, Russia’s 2007 current account surplus is $465 billion and China’s is $363 billion. In contrast, the US current account deficit is $987 billion--an amount larger that the total deficits of all other countries in the world combined.

In truth, American power is already broken, and the country is already lost. The country is lost, because the brownshirt Bush Regime has destroyed the US Constitution with the complicity of the opposition party and the federal courts. There is no organized power that can restore the Constitution or even much concern that it has been overthrown.

The country is broken, because American capitalists have moved offshore so many US manufacturing, engineering, and research jobs that US imports now exceed US industrial production. American dependency on imported manufactured goods, advanced technology goods, and energy is astounding.

There is no possibility of the US closing its trade deficit. The US is able to survive such enormous deficits only because the US dollar is the world reserve currency. This role for the dollar is nearing an end as the world looks for more stable stores of value. Although oil is still nominally priced in dollars, in reality it is being priced in euros as oil producers raise the dollar price with a view to keeping their oil revenues at a constant purchasing power in euros.

When the dollar loses its reserve currency role, foreign financing for US trade and budget deficits will evaporate. US living standards will collapse, and the indispensable omnipower will be just another washed up country. - Anglo-American Ascendancy Lost in Unnecessary Wars By Paul Craig Roberts

As long as people believe that our so-called leaders are well-intentioned, they can, and do, get away with murder. Literally.

The Military is Nowhere; the Press is Nowhere; the Congress is Nowhere...

We've Been Taken Over By a Cult

Where is everybody indeed !

"We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light." – Plato

Meanwhile...

"We are watching a poorly staged rendition of Wag the Dog , interpreted for the morbidly stupid and performed by the criminally insane." - Jules Carlysle

VIVE LA FAYETTE ;)