Cheney says "No one was smart enough to figure it out", page 3

reply to post by sensfan

BINGO! We have a winner.

With the lost of control of both the House and Senate to the Democrats in 2006 and the impossibility to have the White House in 2009, a plan had to be set into motion to regain that control. Hence the original plan was the two page bailout plan of total control knowing full well that would not fly. The analogy of giving the Dems enough rope to hang themselves fits very well here.

Now might I add a bit of history into the mix. America became a Superpower for one reason alone, Post-WWII recovery. With the gold standard pegged to the US dollar ($35/ounce) and the fact that the US was the only industrialized nation still intact, the world needed us desperately. By the time Nixon lifted the gold standard, Europe had rebuilt all its industry. US exports began to lower, our market could no longer sustain itself.

During the Reagan Era, the US began outsourcing to lower production cost of labor in earnest and to avoid EPA regulations in some manufacturing. It also became a win-win because as third world countries grew their economies there would be less need for financial aid. However here is the twist, the foreign imports would be fully dependent on the US buying these goods.

Now for the big picture, if the US can't afford these things anymore, the world economy goes straight into the crapper. See where we are headed? In order for the US to "save itself" everything has to be produced domestically. Which would be an easy switch and the world would "need us more than ever" because their natural resources and agriculture became too dependent on the US dollar.

I would like to call it Rovian in design but credit must go to the Soviets. They outsourced everything to their Eastern Europe countries, as they left and gained independence from the USSR, Russia collapsed. What we the US is doing is a controlled burn. Proof is the last economic stimulus package funded completely by China, which was spent mostly on US oil to keep the money here. Again recalling that Russia fixed its situation by controlling their oil to both Eastern and Western Europe.

Now this isn't a great gambit but the only way for the rest of the world to counter the US is to band together...EU anyone? But of course such things require countries to sacrifice sovereignty and not everyone is going to play together nicely (see Ireland's no vote and England retaining the Pound Sterling)