Saturday, July 06, 2013

The World's Only Superpower - What does it mean?


Well, for a long time America has been the single super power in the world and how have we handled the responsibility?  It may take many years for historians to be able to fairly assess the performance of our government in terms of world affairs the past few decades.
As the financial engine that powers the world we have certainly helped the world economy but then our financial greed also led to the greatest collapse of housing, stock market values, treasury notes, and employment opportunity since our great depression in the 1930's.  Oh yes, because we are the last world super power we took down most of the world in our collapse.
Science and technology are also areas of great contributions in America weighed against equally great potential for harm.  Genetically altered seed developed in America made it possible for the USA to become the breadbasket for the world, often saving nation after nation faced with broken infrastructure, war, genocide or drought conditions.
Now we are discovering that there are dangers in the genetic manipulation as it may render much poorer results in the nutritional value of the crops produced, it can destroy the productivity of the land used to produce the crops, and may have a severe harmful effect on our immune system and it's ability to protect us from disease.
In terms of military muscle again the USA is dominate and we do have this desire to be the savior of the world.  In fact we love the world so much more than half of our military capacity is deployed around the world, not in the USA.
American presidents from Jefferson through Lincoln to Eisenhower have warned us of the dangers of the military-industrial complex in which our structure of civilian control of the military by having the president be commander in chief of all the armed forces, can be compromised.
As you can see from the following tables, Defense spending, according to President Obama's own office, now equals 17% of our total budget, and 57% of our new spending.  Sounds pretty substantial for a country winding down two wars.
One day someone in Washington will finally turn attention to why our defense spending as a percent of total federal spending keeps rising even when we stop fighting wars.  Perhaps then we will hear the dire warnings from presidents Jefferson, Lincoln and Eisenhower about the potential dangers ranging from national and international bankers to  defense contractors and arms dealers.
Until then Uncle Sam will remain the ever considerate Uncle Sugar to a host of bad people and bad ideas.
Warnings from Presidents
If the American people ever allow private banks to control the issue of their  currency, first by inflation, then by deflation, the banks…will deprive the people of  all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
“I believe that banking institutions are more dangerous to our liberties than standing armies.” – Thomas Jefferson
The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. -Thomas Jefferson
History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by  controlling money and its issuance. -James Madison
If congress has the right under the Constitution to issue paper money, it was  given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson
The Government should create, issue, and circulate all the currency and  credits needed to satisfy the spending power of the Government and the buying power of  consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham  Lincoln
Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands. – Theodore Roosevelt
Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of  credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most  completely controlled and dominated Governments in the civilized world no longer a  Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow  Wilson

Years later, reflecting on the major banks’ control in Washington, President Franklin Roosevelt paid this indirect praise to his distant predecessor President Andrew Jackson, who had “killed” the 2nd Bank of the US (an earlier type of the Federal Reserve System). After Jackson’s administration the bankers’ influence was gradually restored and increased, culminating in the passage of the Federal Reserve Act of 1913. Roosevelt knew this history.

The real truth of the matter is, as you and I know, that a financial
element in the large centers has owned the government ever since
the days of Andrew Jackson… -Franklin D. Roosevelt
(in a letter to Colonel House, dated November 21, 1933)

[Next story to feature NSA, Cyber Security, Homeland Security, Edward Snowden and other fun stuff.]

No comments: