Well, for a long time
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
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.]
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