Active Users:329 Time:31/03/2025 06:31:54 AM
Delayed reply due to an extended vacation entyti Send a noteboard - 15/03/2025 05:12:19 PM

My issue is chiefly with the process, not the position. And my concern has to do with the long-term health and strength of the American economy. I see no sense in belaboring my points, however.


Were you expecting it to be a picnic or a soirée?

Korea, Vietnam, Iraq 1.0, Serbia, Iraq 2.0, Lybia, Syria, Yemen, Ukraine… I’d like to know exactly what you don’t see as disasters in any of these.


I don’t think it realistically could’ve gone much better for the first two decades after the war. The real screwup didn’t come until a bit after the fall of the USSR, imo. For clarity, US debt breaks down to $36T for the government, $11T corporate, and $18T for households. Household wealth alone, however, clocks in at about $160T, which leaves the US pretty far from being bankrupt.

I don’t know how this can be a serious argument in any way whatsoever. Just the fact that the word trillions is being thrown around like that’s not the fundamental issue… These numbers have become meaningless, and if anything, demonstrate how close to bankruptcy we have approached. To illustrate, a low-skilled single-income family pre-WWII could afford property and support the family. Now, an average-skilled dual-income family will likely not be able to afford property and will be barely making ends meet.

This is directly a cause of inflationary banking practices that is the hollowing out that I mentioned previously, promoting spending instead of saving, requiring investing to try (and generally fail) to keep up with inflation. It is why we’re constantly arguing over minimum wage and Social Security. If the dollar was anything remotely what it was 100 or even 50 years ago, we wouldn’t be seeing these problems to the degree that we do.

To tie this back to our discussion, a major reason for this inflationary spending is to support our military engagements internationally.


As to allies taking advantage of us, yes, I agree. But I’ll add that sometimes it was less an active choice and more a product naïveté and being self-deluded, thinking that peace would be a natural state of affairs if only everyone else thought and behaved like Europeans. I’ve been back to the homeland in Norway to visit relatives and they found it totally incomprehensible their peaceful lives were made possible in part by an imposition put in place and maintained largely by American power.

Wage arbitrage by MNCs covers the bankrolling of the foreign investments. And wage arbitrage is also why the business wing of the Republican Party is happy with illegal immigration. It’s simply a tool to hold down wages for the working class.


I don’t buy the argument of peace through war. There is merit to having a strong national defense. T.Roosevelt’s motto of “talk softly and carry a big stick” comes to mind. But I don’t believe that playing both sides of Sunni and Shiite conflicts in the Middle East or playing war games with Communist countries makes European countries safe. It creates blowback, refugee crises, and escalates conflicts down the road.


I see at as more of a quasi empire, and mostly a commercial one at that. Or at least until W’s two terms.

I can agree with that. I call this the “worst of both worlds” scenario.


I don’t know. Is he ushering in a G-Zero world? Concert of Hegemons? Making Crackerdom Crackerific Again? We’ll have to wait and see.

Indeed we will have to wait and see.


I basically see it as countervailing forces which sometimes act in concert. And yeah, mostly permanent government types. However, I see the actors as the Neocons in the State Department, the military industrial complex, Big Oil, and Big Capital. I’m not saying there aren’t any others, just that those are the real problems.

I won’t disagree with you, though I think we would probably not see eye to eye on what constitutes a Neocon, which by my perspective would include the majority of the Democratic Party.

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