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http://www.321gold.com/editorials/willie/willie051706.html
US$: Revolt, Downgrade & Disorder
by Jim Willie CB
Jim Willie CB is the editor of the "Hat Trick Letter"
May 17, 2006
Think of criminal access granted to gold miners for leasing and selling the US national gold treasure, at nil interest rate for years on end, and zippo accountability before the people's representative in Congress. Think of the IMF and pressured tactics to raise interest rates in Argentina, after putting that nation's accumulated deficits on an installment loan, then warning aristocrats to vacate their bank accounts into New York City accounts before bank closures and confiscation of accounts. My sister-in-law was such a victim.
Think of heavy pressure leaned upon the Bank of Japan, to comply and to supply the West with 0% money in return for no trade tariffs whatsoever as Tokyo accumulates over $600 billion in reserves in return for the favor of open market access to US retail centers and car showrooms. Note the cries of foul when China does the same trick without a central bank for the hegemon to control. Think of disinformation and distortion of intelligence for the purpose of motivating then waging a war in a land rich in crude oil and fresh water.
Think of conducting naval exercises off the coast of nations which make public statements against the USTBond and the implied coercion to recycle Asian trade surplus into bloated USTreasury Bonds. These are tactics used by a hegemon. Foreigners are very familiar with these nasty weapons, while Americans are largely ignorant of them. Remaining in the dark might be a necessary ploy in order to maintain distrust of outsiders.
We are all too familiar with the tactics of the underworld crime syndicates, with much more obvious devices like murder, extortion, bombings, fires, kidnaps, hijacks, loan sharks, and basic heists. The hegemon strives to walk the fine line balancing respectability, deniability, professionalism, and diplomatic leadership, a narrow walk indeed.
This hegemon is slowly being disrespected, challenged, undermined, as opponents openly plan their alliances and devices of their own making.
A revolt is in progress. A scheiss storm comes.
mehr...
http://www.321gold.com/editorials/willie/willie051706.html