Has the US run out of money? Yesterday the US government announced that without $30 billion dollars in emergency spending, they'd be unable to issue veterens' cheques, pay troops, or maintain military equipment… So… Let's assume for a minute that's not a lie, and they actually do desperately need that money. Where will it come from? There are three choices as I see it:
- Raise taxes to cover it. It's only an extra $150 per taxpayer (“for just a quarter a day, you too can support murder!”)… Although that doesn't include all the other raises that have been given lately.
- Borrow the money. This raises US debt and weakens the US economy (also increasing taxes). In addition, foreign banks have little enough faith right now in the stability of the US that it may not even be an option.
- Print the money. This simply devalues the US dollar and speeds inflation, and weakens US companies internationally.
So… Now you're wondering — are there any other options? Where can the US get the money? Even though every one of its international allies has said “bad idea”, the US continues to stay on course with Iraqi invasion plans. Iraq is no threat to the US, nor have any countries in the region expressed support for US involvement — even the Kurdish rebels in Iraq do not want US involvement. So you have to ask yourself, who wants this war? What happens if the US invades Iraq and actually “wins”?
Black Gold! If Saddam Hussein is toppled, his overflowing oilfields (literally seven times those of the North Sea's UK and Norwegian sections) become open to Western companies — the same thing happened when Kuwait was “liberated” by the US, and the same thing happened in Afghanistan (the first thing that Bushareff's puppet government did was sign oil deals with US companies, many linked to corrupt US politicians). Western companies in turn kick back to the US government and the US economy as well…
It's a very dangerous game being played!
Remember what Jeffersom said?
“Peace, commerce, and honest friendship with all nations — entangling alliances with none.”
May it's a good idea again?
And now I think I need to go clothes shopping, which is not at all something that I enjoy.
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