Quote:
Originally Posted by Team Sergeant
Hey Hey Hey, I said that months ago!!! 
http://www.professionalsoldiers.com/...ing#post225108
I still do not see an end in sight.
I have another idea/thought of which I hope is wrong.
What if this is the deliberate destruction of the most powerful capitalist nation in the world?
At this moment in time I cannot think of any other reason almost 4 trillion is being spent other than to destroy the dollar and our current way of life.
One does not throw water into a sinking ship, not unless he wants it to rest at the bottom.
Team Sergeant |
One thing this proves beyond a doubt. One should never, ever think the Team Sergeant is not well ahead of the power curve.
Yes, this could easily be economic warfare. Perhaps Mr. Soros is a player; he is, after all, known as the man who broke the Bank of England (
LINK ). In addition, his positions in the exchange rate market were hugely profitable. Add in some countries that would like to injure the U.S., and the scenario could easily come to pass.
Where this gets particularly interesting is when one considers that the dollar is high relative to the past and - much more important - that treasury bonds are too. A 30 year treasury bond yields 3.6%. One could purchase futures contracts on $100,000 worth of T-bonds and put up around $4,500; or, it is possible to sell the contract short in a similar manner. Now let's suppose that interest rates on such securities went to 5.71%. The value of the bonds would decline to about $70,000. Which would mean that the $4,500 margin would generate $30,000 in profits. (Clearly, this is quite risky. Those who engage in such things should have lots of risk capital. I certainly would not do it.)
So, suppose that the U.S. sells large quantities of debt to the world, and continues to do so. Might it be possible for someone to start floating rumors about the ability of the U.S. to repay the debt? Would U.S. debt then decline in value, generating big profits for someone, somewhere? It's all very possible.
Once upon a time, many years ago, a gentleman who is far more adventurous than I commented: "I love the poor. It's cheaper to buy them. And, they're grateful." These are, I think, words to reflect on. Just as someone working for a large corporate employer is less independent than a businessperson or farmer, so too a person with little money is less independent than someone with some savings. The poor are, I think, easier to control than are the middle class. Of course, I hasten to add that I have never seen the slums of the third world - so perhaps my views on the matter are in error. If my premise is true, then a poorer America is an easier to control America.
I think that quite a few people are going to make a great deal of money from that $4 trillion budget. In essence, the tax payers will put quite a lot of cash in someone's pocket. All of that is, perhaps, merely a side effect. The real issue is control. We might not give up our freedom willingly; however, I suspect many will sell it for a low price. Power and wealth have motivated many in the past, and I suspect they still do. The good of the nation and its people could be subordinated to personal ambition.
Quote:
Originally Posted by Ret10Echo
And what confuses me the most is that those who are responsible for creating an atmosphere where these sort of things were allowed to occur (blind eyes on both sides of the aisle) are the same people that the American public expects to fix the issue.
This is madness.....
I keep waiting for the outrage.....and all I hear are whimpers...or is that the sound of 300 million wringing hands...
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Sir, I think that government tends to be a very small, rather ingrown clique of people. We see the same people decade in and decade out. I often wonder if the political contests we see are not more theater than anything else.
Right now, we are, as a people, well fed, nicely housed, and entertained. Should that change, I suspect we will see outrage. The only problem I perceive is that people who are angry and afraid are susceptible to manipulation.