Posted on 03/04/2009 4:07:53 AM PST by Scanian
ECONOMIC hope produced the American Revolution. Economic hopelessness delivered the French Revolution. Demagogues, not democrats, will hallmark the worsening economic crisis.
The potential for political turmoil is vast. Among the populated continents, only Australia has a chance of avoiding serious violence. We in the West stand at the brink of a terrible global struggle. Our response has been to fight among ourselves.
The order that diplomats adore is crumbling.
Here in North America, Mexico battles a savage narco-insurgency within a crippled economy. Ciudad Juarez, a key border city, is already far deadlier than Baghdad. Canada's scared, and a demoralized United States elected a mere orator as president.
In South America, the economic crisis threatens the regional ambitions of strongmen and hustlers who profit by association: Hugo Chavez of Venezuela, Evo Morales of Bolivia, Rafael Correa of Ecuador and everyone's favorite child-abuser, Danny Ortega of Nicaragua.
Our natural reaction is: "Great - let 'em hurt!"
The problem is that demagogues move sharply to deflect the pain from themselves - blaming imaginary enemies, foreign or domestic. Violence looms, from Venezuela to Bolivia. And the odds are that it will take the form of pogroms against citizens calling for freedom, the rule of law and food.
(Excerpt) Read more at nypost.com ...
It has always been thus. Any student of history would look at our current economic mess and conclude that if it gets much worse we are heading for a violent cataclysm.
Looks like a Venezuelan toad....
More from the article:
Europe's tilt toward economic civil war only emboldens Russia's Vladimir Putin, who needs to direct the attention of his bewildered population away from economic collapse at home. Putin will create foreign threats - and, he hopes, foreign triumphs. (President Obama's disgraceful secret letter begging Moscow for help with Iran and offering to sell out the Poles and Czechs didn't exactly discourage Putin, either.)
Thanks Hussein!
We are seeing the calculated death of capitalism and a free market economy and replacement with a nazi style of socialism. The money being wretched from the private sector, as markets fall in unison, is being replaced by handouts from Husseins socialists thugs to every sniveling liberal with a tin cup. This is Husseins redistribution of wealth that he promised, ie, money leaving the private sector being replaced with money by the government sector. Capitalism will continue to collapse as long as Hussein is in power and nothing will stop this rise of a truely evil ruler. Hussein is doing precisely as Mugabe is doing to Zimbabwe. We havent seen nothin yet.
Most of the Chinese indexes are up over 6% at this time.
The only thing that has been holding things in place, except for outbreaks here and there, has been US stability. But we have seen that destroyed in less than two months. People I have spoken to say that they wake up in fear every day, wondering if this is going to be the day that all hell breaks loose and Barry sics his goons on someone he will designate as the "enemy of the people." That's why gun sales are soaring in this country.
The odd thing is that our economic crisis, while bad, was not at the insoluble point and until the crisis mentality was pushed upon us by Barry and the people behind him, most Americans were moderately confident, both in our future prospects and in our present stability and order. But that confidence is gone now, and I don't know what it would take to restore it. Overnight, I feel that we have become one of those "fragile states." Who would ever have thought it?
I would have titled this: "Global Crisis Unleashes Obama". Their version is the same.
FDR gave Eastern Europe to “Uncle” Joe Stalin at Yalta, he condemned them to 60 years of slavery and he is haled as a great statesman, same as JFK, this clown was no more qualified to be POUS than Obama, and JFK's behavior under pressure showed it.
The article is like reading the Book of Revelation...
Only because tomorrow the politburo will be discussing a new Chinese stimulus program. Yawn. Pure fantasy.
Well, there’s one bright side to the mostly ugly scenario. The stupid spending policies are buying us more time, before they cause a greater collapse. As for China, here’s a Forest-Gump-like answer. Sooner or later, we have to make things in order to have things. The more things that we’ll have to trade, the more things that we’ll get in return. ;-)
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