- Jul 4, 2009
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....find below an interesting read peened by Mike Whitney....
...a key paragraph....
"As the US continues to abuse its power, these changes become more and more necessary. Foreign governments must form new alliances in order to abandon the present system–the “dollar system”–and establish greater parity between nation-states, the very nation-states that Washington is destroying one-by-one to establish its ghoulish vision of global corporate utopia. The only way to derail that project is by exposing the glaring weakness in the system itself, which is the use of an international currency that is backed by $15 trillion in government debt, $4 trillion in Federal Reserve debt, and trillions more in unpaid and unpayable federal obligations. Whatever steps Moscow takes to abort the current system and replace the world’s reserve currency with money that represents a fair store of value, should be applauded. Washington’s reckless and homicidal behavior around the world make it particularly unsuitable as the de facto steward of the global financial system or to enjoy seigniorage, which allows the US to play banker to the rest of the world. The dollar is the foundation upon which rests the three pillars of imperial strength; political, economic and military. Remove that foundation and the entire edifice comes crashing to earth. Having abused that power, by killing and maiming millions of people across the planet; the world needs to transition to another, more benign way of consummating its business transactions, preferably a currency that is not backed by the blood and misery of innocent victims. Paul Volcker summed up the feelings of many dollar-critics in 2010 when he had this to say:
“The growing sense around much of the world is that we have lost both relative economic strength and more important, we have lost a coherent successful governing model to be emulated by the rest of the world. Instead, we’re faced with broken financial markets, underperformance of our economy and a fractious political climate.”
America is irreparably broken and Washington is a moral swamp. The world needs regime change; new leaders, new direction and a different system..."
....if this is indeed the strategy it sort of explains why Putin seems to be directing his pronouncements to the EU rather than the world at large or the US...he seems to be saying , looks those guys over there are mad and why don't we adults get together and do stuff....just a wild-assed thought which kinda draws from the fact that original Putin proposal to help The Ukraine was to be a joint venture with the EU and the feeling that a EU partnership of some form would give Putin a winning end result ...
...would be interesting what thoughts anyone here may have on how they think Merkel will move to reconcile this situation...
...from.. http://www.counterpunch.org/2014/03/12/big-oils-sore-losers-lead-the-drive-to-war/
Cheers
...a key paragraph....
"As the US continues to abuse its power, these changes become more and more necessary. Foreign governments must form new alliances in order to abandon the present system–the “dollar system”–and establish greater parity between nation-states, the very nation-states that Washington is destroying one-by-one to establish its ghoulish vision of global corporate utopia. The only way to derail that project is by exposing the glaring weakness in the system itself, which is the use of an international currency that is backed by $15 trillion in government debt, $4 trillion in Federal Reserve debt, and trillions more in unpaid and unpayable federal obligations. Whatever steps Moscow takes to abort the current system and replace the world’s reserve currency with money that represents a fair store of value, should be applauded. Washington’s reckless and homicidal behavior around the world make it particularly unsuitable as the de facto steward of the global financial system or to enjoy seigniorage, which allows the US to play banker to the rest of the world. The dollar is the foundation upon which rests the three pillars of imperial strength; political, economic and military. Remove that foundation and the entire edifice comes crashing to earth. Having abused that power, by killing and maiming millions of people across the planet; the world needs to transition to another, more benign way of consummating its business transactions, preferably a currency that is not backed by the blood and misery of innocent victims. Paul Volcker summed up the feelings of many dollar-critics in 2010 when he had this to say:
“The growing sense around much of the world is that we have lost both relative economic strength and more important, we have lost a coherent successful governing model to be emulated by the rest of the world. Instead, we’re faced with broken financial markets, underperformance of our economy and a fractious political climate.”
America is irreparably broken and Washington is a moral swamp. The world needs regime change; new leaders, new direction and a different system..."
....if this is indeed the strategy it sort of explains why Putin seems to be directing his pronouncements to the EU rather than the world at large or the US...he seems to be saying , looks those guys over there are mad and why don't we adults get together and do stuff....just a wild-assed thought which kinda draws from the fact that original Putin proposal to help The Ukraine was to be a joint venture with the EU and the feeling that a EU partnership of some form would give Putin a winning end result ...
...would be interesting what thoughts anyone here may have on how they think Merkel will move to reconcile this situation...
...from.. http://www.counterpunch.org/2014/03/12/big-oils-sore-losers-lead-the-drive-to-war/
Cheers
