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Obama, this is no economic crisis, it is the systemic breakdown of capitalism

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Summing up, at this eleventh hour of the history of mankind, if capitalist consumption should still be playing the main role in our lives, that is, is still doodling doomedly the aristocratic, Socratic Thanatos tune for us, then as staunch lovers of global capitalism we should just play on, become our own grave-diggers, should relish the current Swan's Song, which is being staged daily on Broadway, but also in the financial cul de sac of Wall Street.

The world recession has not yet hit the bottom line, the worst, the political, military and fascist dimensions, the oppressive backlash, are still in the making. Now already economists at Deutsche Bank predict that the US economy will continue to contract at an annual rate of 10 percent. Like in the past, in the 1960s, all over this could generate possible social unrest and upheavals, desperate rioting, burning and plundering.

All these could produce the long awaited pretext to usher in the 'New American Century', to install an Orwellian 'democratic' regime in the USA. For this legally everything is set already; the 'patriot laws' are there; politically the 'economic crisis' is welcome to wipe out all the economic corporate stumbling blocks, some are bailed out, others are left out in the cold; furthermore, the Republicans and the Democrats form two sides of the very same political reality, of the reigning military industrial complex; they are chips of the same imperialist block.

What does the future behold for us, unless we try now to nip possible world fascism in the bud.

In front of our very eyes, the world capitalist economy is breaking down, and therewith is shattering its own global finance system. At the same time, industrial production and world trade are beginning to fall into shambles, mass poverty is befalling the USA, world currencies could tumble, the cost of living could sky-rocket, bankruptcy and corruption are rife already, waves of migrations searching for means of survival could try to reach the empty flesh-pots of North America and Europe.

President Obama's policy of multi-billion dollar bailouts of the banks and rich corporate investors will just deepen the economic contradictions and accelerate catastrophic results on a world scale, which could explode into another devastating military world war.

There is no other solution, by all means necessary the workers of globalization have to stop corporate imperialism forever or we all will perish together with our masters in barbarism. The alternative is very simple: Socialism or Barbarism.

Surely, as long as there is life, there is hope, "concrete utopian hope". On the eve of the 20th century Leon Trotsky said it in Latin: dum spiro spero! (As long as I breathe, I hope! In this militant optimistic spirit, let us touch the emancipatory sublime, let us get out of the capitalist rat holes, imperialist sewerage systems and corporate quagmires and reach out for the stars -- per aspera ad astra!

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THE ELITES CAN RUN BUT THEY CAN HIDE. by MARGARET BASET on Monday, Mar 9, 2009 at 3:15:41 AM
Did we miss out on something? The Third World War? by Franz J. T. Lee on Tuesday, Mar 10, 2009 at 9:35:37 PM
Continuation of my comment ... by Franz J. T. Lee on Tuesday, Mar 10, 2009 at 9:48:58 PM