In September, Federal Reserve Chairman Alan Greenspan, in a comment perhaps not intended for publication, told Thierry Breton, French Finance Minister, that the US budget is out of control with the country being plunged ever more deeply into debt. The Economist reported Breton's disappointment "... that the management of debt is not a political priority today." Breton was wrong. Accumulation of massive debt is the number one priority of the Bush Administration - a deliberate, managed move toward its goal of an "ownership society" in which all aspects are privatized.
Since the introduction of the massive Republican tax cuts, many observers understood immediately that they were to plunge government into debt, thereby undercutting its ability to fund social programs such as Medicare and Social Security, and to administer public domain that has long belonged to all citizens in common. In May of 2003, Princeton economist Paul Krugman wrote that "gimmicks used to make an $800-billion-plus tax cut carry a price tag of only $320 billion are a joke ... The people now running America aren't conservatives: they're radicals who want to do away with the social and economic system we have, and the fiscal crisis they are concocting may give them the excuse they need."
This is all about privatizing the systems and infrastructure of the US. It is all about the funding of elitist cabals insuring they take complete and total power over all aspects of life in the US, and there by choose who lives, who dies, who are assigned to the poor camps, and who are chosen to live out there days in bio-domes watching the collapse of the earth's ecosystems. Today the SCOTUS admits it will accept arguments in a case through which they will allow private wealthy land holders to destroy wetlands and other environments in their pursuit of wealthy and profit. Last week, word came out that FEMA was told to back off of aiding and helping citizens in the Gulf Coast region following Katrina in hopes that the military and private security contractors could aid in the removal of poor and black citizens, clearing the way for wealthier whiter redevelopment. These stories are piling up against one another like the storm surges of Rita piled up on Katrina.
Is there any one willing to stop this machine? Do people actually care enough to stand up to it?? Will the collapse of the economy, leading to depressions and forced compulsory removal of people from their homes and lands which became the property of the financial institutions, encourage the population to rise up against their moneyed masters, or simply roll over and whimper??