On Track for U.S. Collapse
by
Michael S. Rozeff
by Michael S. Rozeff
DIGG THIS
Bush and Cheney
are steering the U.S. into a collapse. Only strong public voices
by influential people can prevent the coming disaster. We desperately
need for men and women who are known to the public and have credibility
to speak up in the critical period ahead to avoid catastrophe.
- A few
weeks ago, Israel bombed a alleged nuclear facility in Syria.
This is a warm-up for an attack on Iran.
- In the last
few days, the U.S. unilaterally tightened sanctions on Iran. Russia
and China do not support this move.
- A week ago
Bush warned Iran that its attainment of nuclear arms would lead
to World War III.
- Russia,
which has been assisting Iran in its nuclear construction program
for decades, regards Western military action against Iran as unacceptable.
- China has
been arming Iran with missiles. Its relations with Iran have been
improving for years.
We know that
Bush and Cheney are capable of pre-emptive attack. We know that
Bush will act if he believes he is right no matter what the costs
are. In his distorted worldview, Iran with nuclear weapons is a
scenario worth any cost to avoid.
We know that
Bush, Cheney, and Rice have repeatedly warned Iran of meaningful
consequences if Iran arms itself with nuclear weapons. We know that
their terms in office end in 15 months. These are the critical months.
But it is by
no means clear that the front-running candidates for office who
may replace them hold substantially different views. Hillary Clinton
has publicly called for sanctions against Iran and has called Iran
a threat to Israel.
Why may an
unprovoked attack on Iran lead to WWIII and why may it lead to the
collapse of the U.S.?
Imagine this
scenario. The U.S. encourages Israel to bomb the Natanz nuclear
facility in Iran. Russia attempts to restrain an Iranian response
but fails. Iran responds in any of many ways, such as launching
missiles on Israel, firing on shipping in the Straits of Hormuz,
mining the Straits of Hormuz, sending troops into Iraq, or allying
its military with Hezbollah and attacking Israel from Lebanon.
The U.S., citing
Iran’s aggressions (that will be the story), launches a full-scale
attack on Iran designed to devastate the country. This attack has
actually been planned by the U.S. for years. Syria is unable to
maintain neutrality and quickly becomes a battleground between Iran
and Israel.
The price of
oil by this point has already soared to $200 a barrel. The U.S.
begins to use its strategic reserve and to divert Iraqi production.
Russia responds by taking steps to prevent its oil production from
reaching the U.S. China responds by cutting off its support of the
U.S. Treasury market. Venezuela halts oil shipments to the U.S.
The first stages of WWIII are economic warfare designed to cripple
the U.S. and halt its war-making capacity.
The U.S., unable
to finance its deficits and fund its sovereign debt, is forced into
raising interest rates drastically in order to borrow. The Fed is
forced to print money. An inflationary spiral occurs. Meanwhile
the high interest rates and high oil prices, not to mention the
shock of a spreading conflict, drive the U.S. economy into severe
decline. The U.S. attempts to raise taxes in order to fund itself,
further crippling the economy. Gold soars to $1,500–$2,000 an ounce.
The U.S. attempts
to bolster its military forces. The draft is reinstated. The severity
of the emergency allows Bush and Cheney to assume emergency powers
and begin a dictatorship. Elections are postponed.
The U.S. collapses.
Unfortunately,
even if this scenario does not occur, the position of the U.S. is
so precarious that any number of other scenarios equally disastrous
lie in wait. This house needs urgently to be put in order or it
will fall, and especially if it does not terminate its imperial
adventures. The very fact that Bush and Cheney (or any major U.S.
political officials) gain by starting WWIII is a terrible indictment
of our entire political system.
Who
can stop this? Who can prevent this? It will only take a few well-placed
people to prevent this catastrophe. My guess is 520 people
could sway public opinion against war or provide enough cover for
Congressional dissenters to screw up their courage. Maybe even as
few as 3 or 4 influential people could derail the Bush-Cheney train
to disaster. They need to speak out at the right times and they
must be heard. Previously mute or muted voices simply must speak
out. They know who they are. They know that their silence will mean
silent approval of a U.S. collapse.
October
27, 2007
Michael
S. Rozeff [send him mail]
is a retired Professor of Finance living in East Amherst, New York.
Copyright
© 2007 LewRockwell.com
Michael
S. Rozeff Archives
|