2005/01/29

Rice Arrives Just In Time To Oversee U.S. Decline

In Rice Arrives Just In Time To Oversee U.S. Decline, The Black Commentator writes that:

The U.S. invasion and ongoing torture of Iraq put the planet on notice that Washington is a danger to global stability. Not just progressives, but the conservative elites of Europe and Asia, were shocked and awed in ways that the insular Americans did not contemplate. The Financial Times, a spokes-publication for Britain’s elite, warns: "Central banks are shifting reserves away from the US and towards the eurozone in a move that looks set to deepen the Bush administration's difficulties in financing its ballooning current account deficit." These financial managers are careful to move away from the dollar incrementally, so as not to plunge the global system into panic – but the direction is inexorably away from the U.S. currency. As a nation, we are being set up for a deep fall, but the fault lies with the Bush men (and woman), who are playing a kind of poker with the rest of the planet – one in which the only cards in their hands are military.

The article, after noting that the US business class has been moving assets off-shore itself, concludes with

The entire planet is rejecting blatant American lies and aggression, and actively conspiring to undermine United States military, economic and political domination. This aggression now has a new face – that of a Black woman. We are saddened at the historical irony, but so be it. Evil comes in all colors.

The article does not deal with the question of the US military in a time of economic decline. As with all empires, the US military will be used to stave off the decline for as long as possible by military adventures: the French and British (along with Israel) at the Suez Canal in 1956; France in Algeria in the 1960's; the USSR in Afghanistan in the 1980's.

I think the problem is with the US middle class not with the US ruling class. The latter have seen the writing on the wall and are moving their assets offset as fast as possible. The middle class have almost all of their assets in the USA. This is probably the basis for a Fascist revolution in the USA when the middle class mobilise to protect their property against the encroachment of the state as the tax base shrinks, and against foreigners as the national debt soars.

The rise of Christian Fundamentalism creates the mindset that more discipline is needed to save the country from further decline. That is, they will want others to work as hard as they do in order to keep their position in society. The necessary racism already exists in the USA.

It will only need the defeat in Iraq or Iran along with the economic depression that follows before a Fascist revolution is possible.

If you want Armageddon, this is it. Imagine Nazi Germany with thermonuclear weapons and the means to deliver them anywhere on the planet.

If I were black, hispanic, homosexual, a Democrat (or worse), a unionist, Muslim, Jew, Catholic, I would be getting out of there. From the outside, the US populace is so demobilised that anything can happen and probably will.

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