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Headed for The Last one Standing

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What the Reagan economic plan -- and all those based on it that followed -- did was actually to well up the wealth; funneling it upwards behind a dam of weathering economic storms and hardships into the hands of those who had enough reserves to wait out the turmoil. Just as The U.S. was able to lead the way in defeating the Nazis because it could out-produce and out-manufacture everyone else, and wage a war of attrition, so it is with those who are in a position to set back and wait for smaller companies and individuals to weaken and collapse or capitulate, then gather up the spoils they see as rightfully theirs.

At some point, as we see today, there will be rumblings beneath the power umbrella and those who are supporting the empire from beneath will begin to tire of empty promises and hollow pledges for reform. The rumblings will become cries and will become shouts. And at some point, just as Hitler clawed his way through the chaos of Depression Germany, someone will emerge to become a messiah to those who feel they have been wrongly sanctioned and there will be, again, a sort of economic world war. Hopefully it will be a peaceful revolution in which the financial institutions of the world become more just and equitable. But, at some point, it will come, and how it comes is not so much in the hands of those who will raise the cry as it is in the hands of those who will be the object of those cries.

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For 12 years, as a professional journalist, I covered education, environmental legislation, criminal courts, and politics. Throughout my career, I described myself as from the "Dragnet School of journalism -- Just the facts, ma'am, just the (more...)
 

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