Wednesday, March 25, 2009
Here's to you, Tin Foil Hat Crowd
In the year 2000, Paul Wolfowitz and Robert Zoellick (among many others) created the now famous document called "Rebuilding America's Defenses" released by the Conservative think-tank The Project For a New American Century, which called for something like the events of 9/11 to generate the moral traction among the American Citizenry for some otherwise unpopular military exploits, namely Iraq and Afghanistan.
9/11 happens, as announced, and the resulting expeditionary wars proceed to drive the U.S. into massive deficit, the White House response to which is a campaign of "Patriotic Spending" where citizens are encouraged (through bizarre banking policies that suddenly ignore the ability to pay) to take equity out of their inflated homes and buy big-screen TVs, iPods and all manner of disposable extruded plastic goodies from China.
The day of reckoning comes, over-leveraged households and over-leveraged U.S. banks begin a cascading collapse. Jobs are being lost, and American consumers are no longer buying Chinese manufactured goods. The solution to this, from the new U.S. President is to print trillions upon trillions of U.S. Dollars, with the predictable result of devaluing the currency.
China, now feeling the loss of GDP AND holding more US debt than any other country in the world - in U.S. currency that will soon be worth $0.75 on the dollar - calls today for a new global currency run by the International Monetary Fund - Current President: Robert Zoellick, preceded by: Paul Wolfowitz.
I'm not drinking the Bilderburg/New World Order kool aid yet, but it is fascinating that what those crazy conspiracy theorists have been predicting is slowly unfolding before our eyes, and the same names keep popping up over and over.
at 7:47 AM