Mad World
I've been trying not to think about current events since the election -- but, more and more, I feel like right now we're in a lull before a huge storm. I hope that's because I'm reading too many alarmist blogs, but talks like this by Seymour Hersh do nothing to comfort me (if you click on the link, the whole talk is very intersting):
On the macro, we're hopeless. We're nowhere. The press is nowhere. The congress is nowhere. The military is nowhere. Every four-star General I know is saying, “Who is going to tell them we have no clothes?” Nobody is going to do it. Everybody is afraid to tell Rumsfeld anything. That's just the way it is. It's a system built on fear. It's not lack of integrity, it's more profound than that. Because there is individual integrity. It's a system that's completely been taken over -- by cultists ...
It's going to go very bad, folks. You know, if you have not sold your stocks and bought property in Italy, you better do it quick. And the third thing is Europe -- Europe is not going to tolerate us much longer. The rage there is enormous. I'm talking about our old-fashioned allies. We could see something there, collective action against us. Certainly, nobody -- it's going to be an awful lot of dancing on our graves as the dollar goes bad and everybody stops buying our bonds, our credit -- our -- we're spending $2 billion a day to float the debt, and one of these days, the Japanese and the Russians, everybody is going to start buying oil in Euros instead of dollars. We're going to see enormous panic here. But [Bush] could get through that. That will be another year, and the damage he’s going to do between then and now is enormous. We’re going to have some very bad months ahead.
On the macro, we're hopeless. We're nowhere. The press is nowhere. The congress is nowhere. The military is nowhere. Every four-star General I know is saying, “Who is going to tell them we have no clothes?” Nobody is going to do it. Everybody is afraid to tell Rumsfeld anything. That's just the way it is. It's a system built on fear. It's not lack of integrity, it's more profound than that. Because there is individual integrity. It's a system that's completely been taken over -- by cultists ...
It's going to go very bad, folks. You know, if you have not sold your stocks and bought property in Italy, you better do it quick. And the third thing is Europe -- Europe is not going to tolerate us much longer. The rage there is enormous. I'm talking about our old-fashioned allies. We could see something there, collective action against us. Certainly, nobody -- it's going to be an awful lot of dancing on our graves as the dollar goes bad and everybody stops buying our bonds, our credit -- our -- we're spending $2 billion a day to float the debt, and one of these days, the Japanese and the Russians, everybody is going to start buying oil in Euros instead of dollars. We're going to see enormous panic here. But [Bush] could get through that. That will be another year, and the damage he’s going to do between then and now is enormous. We’re going to have some very bad months ahead.
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