Thursday, June 18, 2009

Disease of the Dollar

Big capital has pushed and prodded the USA into a corner. The American people have been largely abandoned by our government (notwithstanding "of, for, and by The People..."). Huge resources drain to mismanaged banks & failed industries, supporting stupidity, as talent & promising resources waste away in a "credit crunch."

The US Congress decided this week to fund continuing overseas combat. The Yankee-led "Coalition of the Willing" & Operation Iraqi Freedom have dwindled. The US armaments industries & military bureaucracies scream that freedom has a price, and "support our troops" -- but their true concerns are money, jobs & power. Surviving millions of Iraqi & Afghan refugees suffer daily from the fallout of America's blood & guts adventurism.

In other news this week, the governments of Brazil, Russia, India & China (BRIC), and next the Shanghai Cooperation Organization, met in Yekaterinberg to discuss a new multilateralism. The US government sought to be included, but was rejected. Yekaterinberg (Ekaterinburg/Sverdlovsk) is iconic as the execution spot of the last Russian Tsar (Nicholas II) & his family; it's also the site of a highly-fatal Soviet bioweapon accident. Now there's a new breakout: the consensus that US unilateralism can't continue. The dollar has become diseased.

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