- The US Government is dying. Its ultimate fate was sealed
the moment the Federal Reserve Fiat money system was put into place. Like
a recreational drug user enjoying that first chemical rush, those who created
the federal Reserve luxuriated in the seemingly endless flow of money pouring
forth from the Federal Reserve, money used to prolong and consolidate power,
money spent without worry in the full knowledge that it was going to be
someone else's problem to pay it all back.
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- But now the US Government is paying the price for that
glorious free-spending time of so long ago. Like a recreational drug user
now turned hopeless addict, the government has taxed profitable businesses
into seeking friendlier homes in other lands, and has turned to looting
trust funds and playing bookkeeping games trying to hold off the final
collapse...
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- The U.S. Government is Dying: No longer able to conceal
the financial losses, the US Government, like a desperate addict, is turning
to crime as a source of funds, crime on a global scale, conquest, war for
profit, call it what you will, an invasion of a nation is different from
an invasion of a home only in scale.
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- The US Government has been making bad decisions since
at least the 80s. In hindsight, a government composed almost entirely of
lawyers should not have been expected to know anything about how to run
an economy based on manufacturing. As a result, legislation was passed
that encourage manufacturing to leave this nation. The lawyer/politicians,
rather than admit error, tried to conceal this loss by inventing the "service
economy", a ridiculous notion that one can prosper a nation by doing
each others' laundry for a fee. The service economy did not bring money
into the nation, it merely moved what was left around faster, increasing
opportunities for taxation. The effect of this was that cash flowed from
the people to the government, good for government struggling with a crushing
debt load, but bad for the people for the nation, 80% of whom suffered
a steady decline of living standards throughout the 80s and 90s.
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- Minus the manufacture of actual products, investors flocked
to more speculative ventures, many of which turned out to be gigantic stock
manipulation swindles.
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- But rather than address the problems, the government
started playing its own bookkeeping games, looting Social Security and
claiming it was a budget surplus. Knowing that the stock market was in
trouble, the "Plunge Protection Team" was created to use government
sanctioned rigging to keep the numbers high, as a political banner, even
though such activity made the underlying problem of over-valuation much,
much worse.
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- The loss of manufacturing to other nations meant that
Americans had to buy more and more products once made in the USA from companies
in other nations. This created the present $1.5 billion a DAY trade deficit.
Normally, such a trade imbalance would drive the value of the dollar down,
but a devalued dollar makes that portion of the government debt held by
foreign interests increase, since the debt is held in the currency of the
lending institution.
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- This was the rock and hard place the US Government found
itself in. So deep in debt it cannot even make the interest payments, unable
to sell products to generate revenues to pay that debt because manufacturing
was taxed into relocating, and a threatened collapse of the dollar that
would force a default on the debt and ruin the standard of living Americans
had worked so hard to achieve.
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- From that perspective, a war of conquest to grab oil
and to force the conquered nations to use the dollar to keep demand for
the dollar high looks like the best option for a bankrupted government.
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- But is it best for the people?
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- Let us say for a moment that we do go to war. Let us
say we conquer several nations and force them to use the dollar. How does
that change life here in the United States? We would still have a totalitarian
government deeply in debt. To maintain its legitimacy, that government
would still have to shackle you and your children to that debt. We still
would not have a tax system conducive to creation of new manufacturing
in this country. In other words, even winning the war would not improve
our lives. All that would be accomplished after all the blood was shed
and the money was spent was that the very same people who got us all into
this mess would continue in power.
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- Let's try the other option. Let's say that the US Government,
unable to initiate a war, or starting one but unable to carry it out, watches
as the world switches to the Euro, and the over-valued and frankly worthless
debt-stricken dollar collapses. The Federal Reserve collapses. The people
will not tolerate another "bail out" especially of an institution
which has been such a curse on the common man. As the banks and stock markets
collapse, the US Government will get dragged down with the whole mess.
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- But the people will still be here. Those 288 million
Americans and their skills, will still be here. And like our Founding Fathers
they will simply form a new government, one that starts out free of the
huge debts run up by 100 years of reckless spending by the old government,
a government made up, not of lawyers, but of teachers, engineers, doctors,
the people who KNOW how to make a civilization work. Yes, there will be
a time of confusion, as was the case when the USSR collapsed. But as was
demonstrated in the new Russia, following that confusion will be a time
of opportunity for all the people with the strength and courage to take
advantage of it.
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- Bush wants a war to save the present government. And
by supporting his war with our money and the blood of our children, all
we buy is more of that same government.
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- "Published originally at EtherZone.com : republication
allowed with this notice and hyperlink intact."
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- Michael Rivero is publisher of WhatReallyHappened.com
and is a new columnist for Ether Zone.
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- Copyright © 1997 - 2003 Ether Zone.
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- http://www.etherzone.com/2003/rive022103.shtml
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