The end of our “empire?”

Though it has been obvious through the loss of its manufacturing base and the immense increase in its debts that the United States was mortgaging its future, there remained two ultra-significant entities in which we remained world leaders, to wit, our financial institutions and our military. With the tremendous losses that our financial institutions are now experiencing, and the loss of confidence in them, our country is on the verge of losing its claim to being the “financial capital of the world.” Should we also allow our military to deteriorate, the one remaining bulwark of strength will be lost.

There is no easy path to reclaiming our leadership of the world, and the comfortable lifestyle such position provided to each of us. The years ahead will be very difficult. Of extreme importance is the ability of our military to face any challenges hurled at a country perceived to be badly weakened. When you vote in November, you would be wise to take a careful look at the positions of each of the candidates on this vital issue.

Published in: on September 17, 2008 at 1:26 pm  Comments (20)  

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20 CommentsLeave a comment

  1. We need an experienced man in the White House. McCain is that man..

  2. America has never been imperialists as those in dryby dieing press what some to believe. American has never really conquored anyone. Case in point after world war two America rebuilt Japan but never conquored it. The same can be argued over Iraq.
    Now economics is a different story. With globlal trade policies jobs are getting lost and new ones being created. But the term empire I find arguable. I heard the term Pax Americana too.

  3. Pat Buchanan says:

    “What we are witnessing today is how empires end.

    The Last Superpower is unable to defend its borders, protect its currency, win its wars or balance its budget. Medicare and Social Security are headed for the cliff with unfunded liabilities in the tens of trillions of dollars.

    What we are witnessing today is nothing less than a Katrina-like failure of government, of our political class, and of democracy itself, casting a cloud over the viability and longevity of the system.”

    The entire article can be read here:

  4. It’s time to give a black man a chance.

  5. wilisa, that’s a very racist remark! Shame on you.

  6. I cant wait to see America fall to pieces and i hope everyone suffers as badly as possible. We need that to make us stronger people for the future. FTW.

  7. Awesome J, by stronger do you mean militarily, economically, politically etc.? Major breakdowns in history which come to mind are:
    Imperial Russia which degenerated into a Marxist totalitarian police state
    The German Weimar Republic which degenerated into the National Socialism of Nazi Germany,
    The Republic of China which degenerated into the Marxist state of the People’s Republic.
    The Monarchy of France which degenerated into the various insundry manifestations of madness which we call today the French Revolution, which ultimately became Napoleonic France: a dictatorship with the appearance of democracy without the nicety of real dissent.
    The message here is be careful what you wish for because as they say, you might just get it and right between the eyes. We, in this country, were blessed in that for all our strifes and actions have had a remarkable history of liberty because our Constitution restrained those forces which would permit us to plunge into the dark depths of disorder and dictatorship. Like you, I fear that we are slipping into the abyss. I still have hope that we will not, but if we do, we all will know something of HELL! Or in a line out of an 80’s movie “Welcome to Fright Night… For REAL!

  8. Malcolm, Thanks for the Pat Buchanan article. I found nothing there to disagree with.
    Is he blaming the Baby Boomers? Yes, clearly he is.

    The fault is that he doesn’t blame others as well: their parents, their teachers, their neighbors, their doctors and nurses, their pastors, their lawyers, their politicians, their….you get the picture: ALL OF US. Farmers and mechanics, even!

    Sure, it’s an arbitrary declaration on Pat’s part. But nothing he stated lacked truth. It’s just that the whole of it is even larger and harder to deal with. It does, though, come down to consumption and greed. And the Boomers have no corner on that, believe me. We all own that one.

    Granted, I’m as arbitrary as the next person. But not always as greedy or mean-spirited. To me, that’s the key. Liberals, conservatives, hoohahs, jabberwocks–no matter. If we care for each other and we act on our caring, we avoid the collective abyss. It’s that simple.

    To repeat and repeat, I fault all of us. We’ve not cared for our own “best” interests, nor those of our loved ones and neighbors. That kind of caring in the majority is necessary to stave off ruinous behaviors and consequences, whether for a nation, a family or an individual.

    Bottom line for me is this: no democracy can survive when Right Here Right Now and Me, Me, Me are the ruling passions. There have to be sacrifices. By all of us. Too many of us, not just the Boomers, have failed to embrace sacrifice. We want it all and we want it NOW has ruled our lives and our votes since Jimmy Carter left the White House. (I’m being Pat Buchanan now; more arbitrariness.) 🙂

    For a whole generation now, we’ve behaved badly when it comes to sharing (“socialism”); we’ve preferred utter selfishness (“social Darwinism”). And the foxes have eaten the hens while we gambled on rather than built a real future for ourselves and our kids.

    We need a great leader of the caliber of FDR to get America out of this mess, but sadly I see nobody on the scene who can measure up….certainly not Nobama or McLame/McSame. Lord help us and deliver us from evil.

  9. Jon, I agree with everything you said except the bit about FDR. We need a leader of the caliber of Thomas Jefferson. It won’t happen. We, as a nation, have become too immoral and too selfish. I believe we will see a military dictatorship in the not-distant future.

  10. Malcolm, it is not just the Boomers who are at fault. One could go back to FDR as he popularized the current trend in government budgeting and spending. The practice of having unbalanced budgets to fund social welfare programs, and later the military, has ballooned the national debt and is directly attributable to the New Deal.

    Boomer budgeting practices and spending in their personal lives corresponds in part to the behavior of government. If the government cheapens the value of the dollar through inflation, what is the point of saving? The tax laws punish success and really benefit no one. It begs the question of why the government ought tax us when it has the Fed to provide it with an endless stream of cash. Every time they print another dollar bill, it devalues every one we hold in our wallets, bank and savings accounts.

    I agree with you that the last thing we need is another FDR.

  11. Yes,FDR did. He popularize a lot of new deal programs which he intiated during the depression. What’s so funny about today’s Democrats they don’t see how broken the FDR Social Security system is. They defend the old idea where the old idea needs to be retooled,reinvented to meet the fiscal challenges of the 21st Century. Did u know congress borowed funds from Social Security to pay for thier programs?

  12. I love my country. What I meant was that we as a people we have become weak mentally and physically. Its time to change all of that if we are to persevere. We need a rebirth of sorts.

  13. I agree with you fellows all the way. What the Dumbocrats don’t understand is this: If you continue to GIVE people what they need to survive, they will never go to work for themselves. Obama and the Dumbocrats will absolutely SINK this country if they are in power. I detest George Bush, but McCain/Palin MUST be elected this November if the USA is to stand a chance at digging itself out from this mess that both DEMOCRATS and REPUBLICANS have put us in.

  14. Malcolm, at this time of economic catastrophe, I would agree with you that we need a leader of the caliber of Thomas Jefferson, in my opinion certainly the most intelligent and wisest and one of the best of America’s 43 presidents. Did you forget that he is the true father of the Democratic Party or Dumbocrats as you call them? 😆 I also as you do detest George W. Bush, certainly the worst president in American history. Bryan Dabney,:roll: as you slam FDR, remember we would be speaking German today had America not had been blessed with FDR’s brilliant programs that saved this country from economic collapse and anarchy during the Depression and then his role in taking the U.S. into WWII to help defeat Hitler and Japan and Italy. Malcolm, as you promote McCain/Palin click on the link below to read Repug favorite 😳 writer, George F. Will’s article on “McCain Loses His Head” in today’s Washington Post.

  15. Since y’all seem to like smiley faces on this blog, my reply to negative remarks about FDR are:



  16. Actually, FDR made the depression worse than it had to be and brought us the web of social programs which we now fund today.

  17. I concur with Rev. Dabney. Government involvement in the free enterprise system nearly always makes things worse.

  18. Thomas Jefferson’s words:

    I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.

    His warning ignored, his prediction is coming true.

  19. From Ron Paul:

    Wednesday, September 24, 2008
    Dear Friends,
    Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.
    The events of the past week are no exception.
    The bailout package that is about to be rammed down Congress’ throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! “This is welfare for the rich,” he said. “This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.”
    That describes the current bailout package to a T. And we’re being told it’s unavoidable.
    The claim that the market caused all this is so staggeringly foolish that only politicians and the media could pretend to believe it. But that has become the conventional wisdom, with the desired result that those responsible for the credit bubble and its predictable consequences – predictable, that is, to those who understand sound, Austrian economics – are being let off the hook. The Federal Reserve System is actually positioning itself as the savior, rather than the culprit, in this mess!
    • The Treasury Secretary is authorized to purchase up to $700 billion in mortgage-related assets at any one time. That means $700 billion is only the very beginning of what will hit us.
    • Financial institutions are “designated as financial agents of the Government.” This is the New Deal to end all New Deals.
    • Then there’s this: “Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.” Translation: the Secretary can buy up whatever junk debt he wants to, burden the American people with it, and be subject to no one in the process.
    There goes your country.
    Even some so-called free-market economists are calling all this “sadly necessary.” Sad, yes. Necessary? Don’t make me laugh.
    Our one-party system is complicit in yet another crime against the American people. The two major party candidates for president themselves initially indicated their strong support for bailouts of this kind – another example of the big choice we’re supposedly presented with this November: yes or yes. Now, with a backlash brewing, they’re not quite sure what their views are. A sad display, really.
    Although the present bailout package is almost certainly not the end of the political atrocities we’ll witness in connection with the crisis, time is short. Congress may vote as soon as tomorrow. With a Rasmussen poll finding support for the bailout at an anemic seven percent, some members of Congress are afraid to vote for it. Call them! Let them hear from you! Tell them you will never vote for anyone who supports this atrocity.
    The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are about to be looted in order to subsidize the fattest of cats on Wall Street and in government? Do we care?
    When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media?
    Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be.
    In liberty,
    Ron Paul

  20. Ron Paul said it, I believe it, that settles it.

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