Well, I've had a night's sleep since my last comment. I see what you mean. The military industrial political complex has been very effective in its ability to steal our national treasure over the long term, but it has not built a military, efficient enough to defeat an insurgency in a small country like Iraq. What Mr. Corn has given us is a long term plan for continuing the theft; a plan that can only lead to eventual collapse as the U.S. strangles itself.

Hey, Grandma Moses started late!

Certainly not entirely ... there is also the need by groups of nations pursuing mercantalist policies to have a nation that can run a deficit, to avoid a liquidity crunch in international money.

In the mercantalist age after 1500, that nation was Spain, with its mountains of silver. Recently, for China, Southeast Asia and others, that nation has been the US.

However, its looking increasingly like someone is going to have to come up with a new trick, because that particular trick seems to be wearing thin.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.