Assuming the skimmers and the scammers manage to extract enough public monies to pump up corporations one more time, there will be another and bigger disaster not far down the road. We don't need the Oracle of Delphi to predict this.
Capitalism is unstable as hell -- like an unbalanced dreidel that keeps tilting ever more wildly off center until it eventually hits the wall. We can now see the wall from here: Massive ecological collapse and species extinction. "Economic downturn," even "crisis," does not quite describe that approaching wall.All of America hopes we will miss the wall at least one more time.
Hope is magic thinking, believing that somehow, some larger unknown force is in motion to set things right. Hope is political pabulum for an infantilized nation. The world is what it is, and its injustices are set right by grown up peoples in nations morally intact enough to challenge its malevolent forces.
On those rare occasions when I do see nations take concrete steps toward liberation, the heart is cheered at having at least some basis for reality based optimism. After more than a century of taking it up the shorts from autonomous capitalism, Latin America is moving toward alternatives to the free trade cowboyism that has so long raped them.
One step is ALBA (Alianza Bolivariana para los Pueblos de Nuestra Amà �rica). ALBA is aimed solely at meeting human need instead of profit. Bartering and mutual economic and material aid outside of so-called free trade agreements. Out of the reach of global banking. For example, Venezuela gives Cuba over 100,000 barrels of oil daily at production cost. In exchange Cuba has sent 20,000 state-employed doctors and medical staffers. And if Venezuelans' medical problems require higher medical specialism, they may travel to Cuba for specialized care free of charge. No profits allowed. Take it or leave it. The takers are lining up.
Venezuela, Ecuador, Cuba, Saint Vincent, the Grenadines, Dominica, Honduras, Antigua and Barbuda, Nicaragua and Bolivia. ALBA nations are in the process of introducing a new regional currency, the SUCRE. (Sistema Único de Compensacià �n Regional, or Single Regional Payment Compensation System) to replace the U.S. dollar. Now a common virtual currency, it is scheduled to become a hard currency.
Countries such as Argentina are experimenting with an economy based on worker self-management and balanced job complexes. Venezuela is developing community owned and directed banks. A common goal is to develop an economy not dependent, as is capitalism, on limitless growth, but on consuming fewer resources, operating without debt, and using less or none of the global banking system's money.
When the IMF and the world's banksters dubbed these nations "developing countries" (a fine example of Newspeak, that both renamed miserable poverty, and suggested that the international bankers' robbery was benefiting those countries), this is not the kind of development they had in mind.
This is pure wide-open socialism based on the universal socialist and democratic socialist vision. The stuff of capitalist nightmares. The traditional response to such challengers to autonomous capitalism has been simple. Kill 'em. And we do our best. The U.S. has always had its provocative agents and hit squads working in those counties.
Castro has survived or foiled some 638 assassination attempts, one every few weeks of his long presidency. Attempts on Chavez are so common the Venezuelan press no longer bothers to report them. After all, besides being old hat, they don't seem to be working anyway. Which means we will be forced to bomb the piss out of Venezuela and Cuba at some point. But they will have to get in line behind Iran.
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