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Updating the Militarization and Annexation of North America
By Stephen Lendman (about the author) Page 3 of 3 page(s)
-- its effects on checks and balances;
-- excessive bailouts for an insolvent and corrupted banking system at the expense of local state budgets and rights; and
-- reckless and unsustainable spending and national debt levels driving the nation to bankruptcy and placing untenable burdens on states.
Overall, concern is that Washington is complicit in driving the nation to ruin, and they want out or at least lean that way. If this movement gains strength, at the least it will slow "deep integration," stall it for a considerable time, but won't likely halt it. Corporate America wants it, and most often what it wants, it gets.
It may just take longer than planned, much longer given the gravity of the global crisis, how hard it will be to resolve, and how long doing it will take. Some experts predict another Great Depression as bad or worse than the first one and far worse than Japan's "lost decades" - from 1990 to the present.
Top priority in world capitals and corporate boardrooms is preventing it if possible. Except for "national security," other initiatives are secondary.
Stephen Lendman is a Research Associate of the Centre for Research on Globalization. He lives in Chicago and can be reached at lendmanstephen@sbcglobal.net.
Also visit his blog site at sjlendman.blogspot.com and listen to The Global Research News Hour on RepublicBroadcasting.org Monday through Friday at 10AM US Central time for cutting-edge discussions with distinguished guests on world and national issues. All programs are archived for easy listening.
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