Is America Under Attack? … Or Are the Barbarians Inside the Gates?

China

 
Congress and American economists are blaming China for America’s economic woes.

But as I’ve previously pointed out, while China’s weak Yuan policy is hurting the U.S. to some extent, America’s economic problems are largely of its own making.

As I have previously documented, America’s too big to fail banks and government have destroyed our economy by:

Failing to prosecute those who committed rampant fraud, thus encouraging them to do it again

Rewarding the gamblers who bet everything on insane speculative deals by bailing them out once they lost their bets

Letting the largest U.S. banks go bankrupt repeatedly due to wild speculation, then blessing the speculation and helping cover up the bankruptcies

Failing to restore trust in the financial system, but instead suspending the few accounting rules which still exist

Blowing bubble after bubble

Refusing to break up the too big to fails, even though virtually all independent economists say that they are a black hole dragging down our economy

Using bailouts, gimmicks and quantitative easing to temporarily put wallpaper over the holes in our economy, instead of fixing the real problems

Transferring risk from private banks to the people, instead of making the giant banks write down their bad debts

Waging unnecessary wars all over the world, so that even our top military commanders are begging to slash defense costs, and otherwise buried our nation under mountains of debt

Sacrificing any real chance to reduce unemployment in order to keep inflation low

Shipping American jobs overseas, and giving corporations huge tax incentives to claim that their business is all done abroad

Allowing the big financial players operate with insane amounts of leverage

Burdening the American people with trillions in unnecessary interest

Plundering the treasury to effect “a massive redistribution of wealth to the bank shareholders and their top executives”

Allowing high-frequency trading to completely warp the markets

Privatizing profits and socializing losses, trashing the real value of the dollar, and letting corruption run rampant

Failing to take any meaningful steps to stabilize – let alone fix – the economy

See thisthisthis and this.

Barbarians inside the American financial system have destroyed that system.

Terrorism

American leaders have blamed terrorists for our loss of rights.

But many of those rights were lost before 9/11. See this and this.

And former Secretary of Homeland Security Tom Ridge says that he was pressuredto raise terror alerts to help Bush win reelection.

And former counterterrorism czar Richard Clarke said a year ago:

A lot of the cases after 9/11 were manufactured or enormously exaggerated and were announced with great trumpets by the attorney general and the FBI director so that we felt that they were doing something when, in fact, what they were doing was not helpful, not relevant, not needed.

And FBI agents and CIA intelligence officials, constitutional law expert professor Jonathan Turley, Time Magazine, Keith Olbermann and the Washington Post have allsaid that U.S. government officials “were trying to create an atmosphere of fear in which the American people would give them more power”.

And former U.S. National Security Adviser Zbigniew Brzezinski told the Senate thatthe war on terror is “a mythical historical narrative”.

And governments from around the world have admitted that they carry out false flag terror in order to promote their political agendas.

(Yes, even the new terror threats in Europe are overblown. See this and this.)

Government has been using anti-terrorism laws to crush dissent and to serve the needs of big business.

Barbarians inside the American national security system have destroyed our liberties and freedoms based on false pretenses.

Ironically, the war on terror actually diminishes our national security. So the barbarians inside the gates are opening us up to the barbarians abroad as well.

Articles by: Washington's Blog

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Center of Research on Globalization grants permission to cross-post original Global Research articles on community internet sites as long as the text & title are not modified. The source and the author's copyright must be displayed. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected]

www.globalresearch.ca contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]