Thursday, April 28, 2011

Chomsky On The Grand Area Doctrine And American Hegemony

First let me say, I haven’t forgot that I have a follow up  to our post titled “The Cycle of Volatility and the Deluded Human Mind”.  I’ll get to it in the next few weeks. 

In the mean time, many ideologues and people deluded by government propaganda dismiss Chomsky for his unvarnished views but quite frankly his positions of dissent over the last thirty years are pretty much all coming home to roost.  I consider Chomsky to be one of the pre-eminent authorities on the state and its endless shenanigans.  Especially as it pertains to the U.S., its policies subverting democracy around the globe, Washington corruption, the war state and the U.S.’s policy of international hegemony. 

“As long as the general population is passive, apathetic, diverted to consumerism or hatred of the vulnerable, then the powerful can do as they please, and those who survive will be left to contemplate the outcome.”

Indeed true.  But, Americans, especially the segment of the population that votes, are now awakening to a new reality.  As their eyes are opened further and further due to diminishing self interest, the rampant corruption and subversion of the rule of law becomes less and less possible.  ie, As less of the population benefits by sticking their head in the sand, the less legitimacy the status quo becomes.  Public sector workers, who generally had their head in the sand to the plight of Americans in the private sector while they taxed us into submission for their personal gain, are now joining the private sector in the misery created by a corrupt political and banking system.

With very weak GDP and jobs data reported today, JP Morgan’s substantial reporting of negative loan growth earlier this month, and a stock market rising on fumes as we have reported half a dozen times since last May, the economy is already drifting back towards trouble.  Regardless of the misrepresentation of data by political crooks, one could argue GDP would clearly be very negative without substantial overspending by the federal government and a dollar that is substantially lower than it was a year ago, thus boosting international profits and year over year economic comparisons.  All while a Congress and President essentially have done nothing other than perpetuate fraud since their election in 2008 and 2010.

posted by TimingLogic at 9:39 AM