[FoRK] US defence budget will equal ROW combined "within 12 months"

Stephen D. Williams sdw at lig.net
Wed May 4 12:58:07 PDT 2005

I don't doubt that these activities have had an Imperial effect to some 
extent with some countries.  I'm curious how much that was the direct 
intent; certainly it seems that South America has had some suspicious 

Beyond some pain that certain companies and moguls would feel, I don't 
believe that the US economy is as dependent on these foreign activities 
as indicated below.  Building up massive debt in South America still 
means massive investment from countries and individuals.  Certainly 
there is some trickle down, but when that debt defaults without bringing 
in riches, it isn't really felt here.

Economic pain will some day be good for the US and the world if it gets 
us out of the local minima we are in with regard to energy (i.e. oil, 
coal, gas vs. wind, solar, hydrogen, nuclear, hybrid).  Do you not think 
it is possible to have a .com-like boom in renewable energy technology 
or biotech or nanotech or space travel or composite building methods?  
The market and/or technology just isn't ready for it and those 
industries are so far too easily controlled by "incumbents" of all 
types.  The .com boom/bust, with its very beneficial leap forward in 
technology, awareness, and access and transfer of wealth from 
moduls/foundations to the meritous-middle class, is a creative 
destruction model to desire.

I have little patience for worrying about the semi-random ebb and flow 
of economics which is driven by opinions, control, manipulation, hubris, 
etc.  I'm more interested in leaps in efficiency, technology, scalable 
marketing and distribution, tipping points in supply and demand, and 
levels of sophistication of the market.  We should all hope that the 
world leaps forward in all of these ways, however messy it is and 
whatever path it takes.  The main cause of villany is ignorance, whether 
it's Russian Al Capones without a proper Elliot Ness, or fundamentalist 
religion imprisoning or terrorizing people.


Ian Andrew Bell (FoRK) wrote:

> This is a natural response for a nation which believes so strongly in 
> its own manifest destiny to sit atop the world, and is also witnessing 
> the collapse of Globalism.  Witness:  when you can no longer trap 
> nations in your economic and political web through the manipulation of 
> "Economic Development" programs which by design build up massive 
> national debts, you need to send in the juggernauts.
> For nearly fifty years the US used the IMF and World Bank to spearhead 
> a form of imperialism that required more accountants than guns.  
> Instead of Marines and tanks, America landed at the beachhead armed 
> with economists, engineers, and Bechtel.  By building dams, power 
> plants, airports, seaports, oil refineries (most of which were 
> unnecessary) and by laundering the money from international financial 
> markets directly into the coffers of US companies, US policy brought 
> these countries into effective control and gave an unnatural boost to 
> the US economy.  The process was particularly effective in realizing 
> the Monroe Doctrine in Latin America.  John Perkins wrote an 
> interesting book on the process here:
>     http://www.amazon.com/exec/obidos/tg/detail/-/1576753018/
> ...the problem is that Iraq has demonstrated that such techniques 
> don't always work, and countries in the developing world are 
> increasingly resisting Globalization.  Those that haven't resisted 
> this form of imperialism actively are "tapping out" with foreign debt, 
> which causes both the money laundering process and the depth of 
> political influence to fade.  An early sign of this process meeting 
> its end is the decline of the Halliburtons, Bechtels, KBRs, etc.  I 
> point again to John Ralston Saul's article from last year:
>     http://afr.com/articles/2004/02/19/1077072774981.html
> All of this forces the US to become a more traditional imperialist if 
> it wishes to maintain its current level of economic growth, which is 
> sustained only by continual expansion of its market and by the 
> exploitation of resources and peoples around the world.  And of 
> course, the stock market demands continued growth -- or the U.S. 
> economy, and thus the world economy, collapses.
> So if you want your Retirement Savings Plan to grow, kids, I guess 
> you've got to fall in line and support the Centurions.
> An interesting essay on the notion of Manifest Destiny, first posited 
> in 1839 by John O'Sullivan is below.  It's alarming how closely this 
> point-of-view matches the Bush doctrine:
>     http://www.mtholyoke.edu/acad/intrel/osulliva.htm
> -Ian.
> On 4-May-05, at 5:50 AM, Damien Morton wrote:
>> http://www.janes.com/defence/news/jdi/jdi050504_1_n.shtml
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Stephen D. Williams 703-724-0118W 703-995-0407Fax 20147-4622 AIM: sdw

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