It's energy independent. It's vast. It sits over Eurasia. It borders China and all that Obama and the neocons have done is to force a strategic alliance between Russia and China. So when you do something like that you're stupid and that's why I said they're stupid. They're not doing it because of some vested interest somewhere.The Bilderbergers, or the Trilateral Commission, is going to get rich out of this thing? They're not.
R.K.: So who-- how will this change the world? How will these readjusted, revised balances--
PCR: Here's what will happen. You see, after WWII, it made perfect sense for the dollar to be world reserves. Not only was it convertible into gold for foreign central banks, but every other country was destroyed. The United States was the only industrial manufacturing country that was intact. Japan was destroyed, Germany, Russia, England, Italy, China was a third world country.
Most of the rest of the world was third world countries. Well since that time we've got many viable economies. China now has greater manufacturing industrial capacity than the United States. Russia hs powerful manufacturing industrial first world economic capabilities. Just look at their military. It can stand up to ours. Anything we got they got, or better.
So, you have so many countries now that they can trade with each other in their own currency. There won't be a reserve currency. There simply won't be one and the BRICS say they're going to start up their own IMF. So, what it means is that the United States, which has had financial hegemony for sixty, seventy years, in fact it started right after WWI because the British were so weakened. The pound continued as the reserve currency, but the dollar was making inroads.
So it's almost been going for a hundred years, strongly for sixty. If you lose that, if you've lost your ability to control financial movements, financial flows, your banks are no more important than any other country's banks. Your central bank, your federal reserve can no longer call the monetary policy in the world. It can no longer call up the Japanese and say we want you to go print some yen to buy some dollars because the dollar is under pressure.
They can't call up the European central bank and say we want you to print euros to buy the dollar because the dollar is under pressure because nobody will care. So it basically decapitates American power. And why did they do this? Oh, we're going to force the Russians to do what we want. We're going to use coercion, and threats. And Putin said, stick 'em up your butt!
R.K.: It seems like this is probably something that is inevitable. It will happen sooner or later because all of these other countries are becoming independently, economically viable. And the BRICS are creating a world of their own. So whether Obama did this or it happened later, it seems like this is something that is going to happen.
PCR: That's right. It would have eventually happened anyhow, but only because Washington was abusing it. If Washington had sense and said, look, we've got a good thing going, let's keep everybody a part of it. Don't go around making threats, throwing people out, throwing sanctions on them because we don't like them. All of that is strictly illegal under international law. It's just an exercise of brute power.
It's like the policeman who abuses his badge, abuses his authority because he likes to exercise power. So if Washington had not done that and used this in a responsible manner, it could have kept it forever because people were used to it. There wasn't any reason to get out of it, but when you use it to bully people and to prevail over them then they're going to eventually get out of it. So that's where it went wrong.
R.K.: So, I am going to transition from this to a topic that I've been covering a lot in the last year and that's psychopaths and sociopaths. I'm transitioning to it because you're talking about bullying and really what you're talking about is neocons who are engaging in a kind of narcissistic domination where they think they're better than everybody else and they're engaging in aggressive predatory behaviors. That sure seems to me to look like psychopathic, sociopathic kinds of behaviors.
PCR: You're absolutely correct. Yup. I completely agree with what you've been writing. It's true. Look, any time you take a doctrine like that, that's who you attract. That's who the Nazis attracted. Sociopaths, psychopaths "because we are superior. We are superior and all these other people are inferior and we can just walk right over them and the same thing happens where there is power and bullies go to wherever there is power because power usually is not very accountable."
So, a guy with a police badge is essentially not very accountable. He's not like you or I. You can see this. For example, look at the Cecily McMillan case, the Occupy protester whose breasts were seized by the cop, bruised and she was thrown to the ground. But when her breasts were seized, just reflexively, instinctively her elbow comes up as she swings around to see what's going on and the elbow hits the cop. So, she's arrested for assaulting a police officer. She was recently sentenced to prison.
R.K.: Right.
PCR: Well, this is an example of the policeman as unaccountable. He assaults a young woman. He abuses his authority. He abuses his power. She is thrown to the ground and then she is arrested on a false charge and false testimony and she is convicted on false testimony and she's in prison. Now, the real perpetrator is back on the streets to do it again. In the trial, the judge refused for the defense to present any evidence on behalf of the defendant. For example, the cop who is responsible has a long record of violence against the public, of abuse of authority, of suspensions. The judge says you can't present that.
The judge would not let them present photographs of the mangled, abused breast. So, there was nothing that the judge permitted on behalf of the young woman, but the cop's lies were permitted but they couldn't be challenged because the judge wouldn't allow it. So, off goes the innocent to jail and the cop is back on the street.
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