Originally Posted by stillalive

Precisely stated.

Back in 1960 I said this would happen and everybody laughed at me, well a 15 year old who talked about economics was just a laughing matter then.

I warned against unbridled capitalism.

And what do we have now ?

A repeat of 29 - 80 years later.

The greed of US, Brit and dutch Oil companies has sent gas prices sky-high in Europe.

The ignorance of would-be-speculators has driven up the cost of living by 100 percent in a mere 7 years.
Yet still there are millions of know-alls stating that capitalism is the only way to go.

Mind you, it COULD be, but only with a certain amount of self restriction and a lot of responsibility by each single individual.

One of the main reasons for Bush to invade Iraq was the fact, that Saddam had just announced to base the oil prices on Euro value and the OPEC was about to follow.

Had this happened, all trading worldwide would have followed suit.
The dollar would have lost it´s standing as world trade currency and would have been reduced to it´s real value: less than 10 Euro cent. A consequence of the US-way of living on credit.

In a final desperate move the global market was invented and pushed to it´s limit in record time.
Thousands of companies and whole economies were destroyed by the greed and manipulations of hedge fonds, yet only a few profited, the vast majority of the hedge fond crowd lost their money. Suits them right.

No fear, the crash will come and very soon at that.

Oil is $ 136 today and will reach § 150 by mid July.
By christmas it will be above $200/barrel

That could well be the end for Ford, GM and Co.

And in times like these. the US have the choice between three economically incompetents for President.
( for Clinton freaks:
Hillary will only do as Bill did before :göbal marketing, expanding of speculations in foreign markets, all poison for an already dead economy and certainly not the way to keep old friends or make new ones.)

So what´s next:

More wars to accomodate the incredibly blown up US arms industy.
( nah, get off the "We must stop the evil others - have a look in the mirror instead)

Lower wages for most working people due to mass sackings in the car industries.

The alternative would be about 40 to 50 million jobless in the US.

More alienation of americans worldwide - who want´s to listen to someone telling all about greatness, leadership and economy when the teller is the one who butchered it all up.

Closed economies worldwide and finally an isolation of the US

Communists and leftists will rise again everywhere - the dumheads have still not realised that capitalism and communism are one and the same worm, only at different ends ( which one is head or ass the future will show. Could be the worm has two asses. )

We´ll still have "Liberals" promoting the free for all yet unable to realise, their way is what brought about the downfall of world economy.

And US citizens will still believe they are the cream of the world despite the fact, that the US were forced to import intelligence for the past fifty years for lack of homegrown intelligence.

It would perhaps be better to TEACH children at school instead of brainwashing them.

Finally: No, I´m not a commie nor a welfare socialist.
If you got to put a tag on me call me a social conservative.

For only if everyone is cared for troubles will cease.

Originally Posted by Norrin Radd

A very interesting post.

30 years ago, when I was 15, I learned about how much of the known oil reserves were in the Middle East and after a few moths of reflection, I realized that someday the US would invade the Middle East. It was, in my opinion, common sense.

I did not, however, tell anyone my views. I decided that the people just didn't give a $%^& and I decided to just have fun and not worry about it.

Around 10 years ago, I acquired internet access and started caring again.

I agree with most of your post, except for the closed economies. Free trade is one of the tools the globalists are using to move the countries of the world closer to world government. It is not going to stop. As Richard Gardner, CFR spokesman stated in his piece titled "Hard Road to the New World Order".........

Writing in the April 1974 issue of Foreign Affairs, the flagship publication of the Council on Foreign Relations (CFR), Richard N. Gardner , who has held a number of State Department posts, argued against what he called "instant world government." Instead, he wrote, "the 'house of world order' will have to be built from the bottom up rather than from the top down. It will look like a great 'booming, buzzing confusion,' to use William James' famous description of reality, but an end run around national sovereignty, eroding it piece by piece, will accomplish much more than the old-fashioned frontal assault."

And Brzezinski............

In a similar sentiment, former National Security Adviser Zbigniew Brzezinski pointed to "regionalization" as the key for "globalization" in his address to Gorbechev's State of the World Forum in October 1995: "The precondition for eventual globalization — genuine globalization — is progressive regionalization, because thereby we move toward larger, more stable, more cooperative units."

EU/US Merger: New Global Order By Stealth

What I really liked was how you said that.......

"the dumheads have still not realised that capitalism and communism are one and the same worm, only at different ends "

A great quote. Here is another great quote from a US congressman......

"The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control.... Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent." Congressman Larry P. McDonald, 1976, killed in the Korean Airlines 747 that was shot down by the Soviets

From the intro to the book "The Rockefeller File", by Gary Allan.

Video from crossfire1983 - RIP Larry McDonald - The Paducah Ron Paul 2008 Meetup Group (Paducah, KY) - Meetup.com