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Why Bankers Love War

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Bankers have ample money to fund wars

War is profitable for Bankers. It's the best investment they can make.

Henry George recognized this 130 years ago (indeed, it was WWI that sapped the strength of the Georgist movement). Other writers, such as Mason Gaffney, and Stephen Zarlenga, and many,
many others, recognize it today.

Think about it from the point of view of a business that exists solely to sell debt (banks). What could be better than to loan money that:
1. Is strictly to the best debtor in the land: the U.S. Government
2. Will continue to be borrowed until the war is "won" (or, better yet, in modern times, to fund an endless series of wars on terror, in different lands, needing different - and expensive - weapon systems)
3. Will be spent on things that go BOOM, and then have to be replaced, over and over and over.
4. Has virtually no limit on upward costs, due to technological advancements. Almost every major country is developing drones of its own, (see here, here, here, here) meaning we could soon be embroiled in drone wars, without all those "messy" dead and shattered young people cluttering up the airwaves and discouraging further war-making. Of course there'll continue to be dead civilians, but that's just collateral damage, you know. Then, there's the Terminator scenario, whereby the newly self-aware machines turn on their creators as they come to realize their creators are the truly violent ones...they will be right.

So, banks love war, unless it's their buildings and personnel that get hit, but maybe, just maybe, even that doesn't matter, since the Supreme Court tells us, in Citizens United, that Corporations are people too. So, why not have a war without any human involvement at all? Just faceless corporations, launching drone wars by proxy governments safely sheltered in underground bunkers, laying waste to the Earth, where the Expendables (my term for the 99% of humanity that takes no part in making wars) are just sitting there, waiting to be obliterated? Sounds like a plan.

 

http://newthinking.blogspot.com/

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles was published by Tayen Lane Publishing (December, 2014) and may be found here:
https://tayen-lane.squarespace.com/america-is-not-broke/

Scott is President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written (more...)
 

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Washing machines and dryers can be rented for $500... by Steven G. Erickson on Sunday, Feb 28, 2010 at 6:19:18 AM
From a strictly mathematical point of view, we are... by Scott Baker on Sunday, Feb 28, 2010 at 10:46:58 AM
You are assuming that the US wants to stop poppy g... by wagelaborer on Sunday, Feb 28, 2010 at 10:58:26 AM
This is a point that needs to be driven home. Must... by Darren Wolfe on Sunday, Feb 28, 2010 at 7:07:48 AM
Dr. Leete, from Edward Bellamy's so-tragically-for... by Your Friend Fairpay on Sunday, Feb 28, 2010 at 9:11:15 AM
Poor Edward Bellamy.How sad it would be for him to... by wagelaborer on Sunday, Feb 28, 2010 at 10:42:58 AM
Here's the result of Francis Bellamy's most famous... by Darren Wolfe on Sunday, Feb 28, 2010 at 3:45:35 PM
It takes a hysterically profound degree of either ... by Your Friend Fairpay on Sunday, Feb 28, 2010 at 9:44:02 PM
Nazi only stands for national SOCIALIST German wor... by Darren Wolfe on Monday, Mar 1, 2010 at 7:12:14 PM
Are you seriously trying to bring the argument tha... by Your Friend Fairpay on Tuesday, Mar 2, 2010 at 7:06:05 AM
Your number one reason is very important.Bankers d... by wagelaborer on Sunday, Feb 28, 2010 at 10:51:52 AM
....we will lose SS and Medicare, while being told... by Scott Baker on Sunday, Feb 28, 2010 at 10:56:27 AM
London banks, which had no small influence on the ... by Hoss Hoss on Sunday, Feb 28, 2010 at 11:31:56 AM
People pay taxes when they work, and taxes when th... by Theresa Paulfranz on Sunday, Feb 28, 2010 at 12:27:07 PM
And all that taxes and interest is what funds wars... by Theresa Paulfranz on Sunday, Feb 28, 2010 at 12:37:58 PM
We need to stop feeding the monster (banks, etc.)... by Robert Gormley on Sunday, Feb 28, 2010 at 4:30:48 PM
War Is a Racket is the title of two works, a speec... by 911TRUTH on Sunday, Feb 28, 2010 at 1:41:09 PM
"The war is not supposed to be winnable, it is sup... by mrk * on Sunday, Feb 28, 2010 at 2:32:26 PM
It was foreseen that prior to the coming of the mo... by Guy Dwyer on Sunday, Feb 28, 2010 at 2:55:49 PM
Go peddle this new age false prophet somewhere el... by Robert Gormley on Sunday, Feb 28, 2010 at 4:33:03 PM
Were there any arrested in WWII from Germany, Ital... by Jim Reinhart on Sunday, Feb 28, 2010 at 9:01:23 PM
...and established themselves as the Neocons.We ev... by Bia Winter on Tuesday, Mar 2, 2010 at 9:17:18 AM