My Other Blog & Comments

News and Information Feed

Wednesday, July 13, 2011

Endlessly increase the credit limit on evil leviathan's credit card, or the world will end? The opposite is true

The Debt Ceiling and the Warfare State

Raising it means a blank check for militarism
( -- by Justin Raimondo --

The “ticking time bomb” gambit is a sure way to establish when someone is trying to pull the wool over your eyes. You’ll recall this was how the advocates of torture argued: what if the terrorists had a nuclear device designed to go off in the heart of, say, New York City’s Times Square, and only torture could pry its location out of a captured detainee? Surely then we’d ditch our squeamishness about methods employed by the Gestapo and the KGB. American exceptionalism has its limits, after all.

George W. Bush, Dick Cheney, and Condoleezza Rice took this tack in the debate over Iraq’s alleged “weapons of mass destruction.” “We don’t want the smoking gun to be a mushroom cloud,” Condi infamously intoned. The same argument is being used today to justify a “preemptive” attack on Iran, which is supposedly building nuclear weapons at breakneck speed – a story we’ve been hearing for the past few decades or so….

Although the ticking time bomb scenario is most conducive to the realm of foreign affairs – where bombs, and other ticking devices, are largely to be found, along with a host of enemies ready to set them off – we hear variations of it on the home front as well. The current debate over the debt ceiling is a perfect example, with the Obama administration and its media shills claiming that if Congress doesn’t raise it, an economic apocalypse is imminent. This is a very clever way of shifting blame for the ongoing financial crisis, one which may very well come to a head as Congress votes. Never mind that the more immediate cause of another lurch into the vale of depression is likely to be economic chaos imported from the Eurozone – American narcissism, a national malady, deludes us into thinking it’s all about us. The fate of the world must always rest on our shoulders.

In any event, on the debt limit issue, the stance of those who want a more peaceful, less interventionist foreign policy is – or ought to be – clear. If we raise the debt ceiling, we are, in effect, giving the War Party a blank check. The pressure to cut military spending will end, and the spigot will be turned back on. Calls to cut back on military operations overseas – coming, these days, from fiscal conservatives as well as the usual liberal-left suspects – will have much less resonance in Washington.

There is another point, however, that needs making: the debt ceiling, aside from its legislative impact, is a powerful symbolic construct. It puts a ceiling on the ambitions of our officials, and, while not precisely teaching them humility, tethers them to reality. It is the American government saying: There are limits to our hubris...MORE...LINK

Chris Moore comments:

The evil neolib/neocon establishment is in a terrible bind. It wants to continue plundering America’s good credit to wage pointless wars for Empire, Israel, and the Fed (monopoly money-printing rights), but the Chinese are no longer interested in buying U.S. debt. The Chinese, like the tea partiers, have figured out that the evil neolib/neocons are using the unlimited credit to cut the throats of their opposition, rivals, and enemies.

The elites don’t care about average Americans any more than they care about the Chinese. They just want to keep them bought off and pacified long enough to set up a totalitarian leviathan where all resistance will be futile.

Don’t fool yourselves...there is absolutely ZERO good will in establishment Washington today, just sociopath elites and their blinkered, bought off, useful idiot constituency that is advancing them the credit they are using to hang America.

No comments: