Recently by Simon Black: US Government Seizes Pension Funds, InvadesPakistan
Take a moment and conduct a mini thought experiment. Imagine that youre from the future many hundreds of years from now, researching what life was like in the early 21st century. You pull up an archive of newspaper headlines from the year 2011 and read the following:
US Congress To Vote On Declaration Of World War 3 An Endless War With No Borders, No Clear Enemies
Blackwater hired by the crown prince of Abu Dhabi to put together a secret force of foreign troops
10 killed in US drone attacks in northern Pakistan
US Officials Warn Terrorism Threat Remains Post-bin Laden
TSA Pat Down of Suspicious Baby Is No Big Deal
Treasury taps federal pensions as Uncle Sam hits debt ceiling
Fed chief Ben Bernanke says hes not worried about inflation
Global Food Prices Hit New All Time High After 8 Consecutive Months Of Gains
Over-50s suffer a lifestyle crash: Millions less comfortable than a year ago
UK And US Data Shows Stagflation Threat Deepening
Greek riot police, protesters clash over austerity
IMF: Greece needs more austerity measures
IMF Chief no stranger to sexual assault allegations
Portugal on brink of bankruptcy
Contagion fears high as Italy drawn into crisis
Italian PM Berlusconi Faces Prostitution Trial in Italy
To an observer who is not part of our time, it must all look like a really bad joke, like it just couldnt possibly be true. In the same way, we look back upon history and wonder with skepticism and incredulity how our long-lost ancestors have possibly allowed the Inquisition, the Dark Ages, genocide and slavery to occur.
We fancy ourselves so advanced and enlightened but my guess is that history will view us in the same way that we see those unfortunate brutes of medieval times: misguided, misled, and totally self-deluded.
We might not be burning each other at the stake anymore, or waging war for king and conquest, but the metaphoric comparisons run truly deep. Moreover, our story today is a similar one: there is a very small group of people in power whose decisions affect the lives of billions of people. Those of us not in the elite ruling class allow it to happen.