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On Track for U.S.
Collapse
By Michael S. Rozeff
10/29/07 "LewRockwell"
-- -- 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 5–20
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 is a retired Professor of Finance living in
East Amherst, New York.
Copyright © 2007 LewRockwell.com
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