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By Paul Craig Roberts on October 12, 2011
Pat Buchanans latest book, Suicide of a Superpower, raises the question whether America will survive to 2025. The question might strike some readers as unduly pessimistic and others as optimistic. It is unclear whether the US, as we have known it, will survive its next presidential election.
Consider the candidates. Liberal law professor Jonathan Turley, who was likely to have been an early Obama supporter, now wonders if Obama is the most disastrous president in our history. Despite Obamas failure, the Republicans cant come up with anyone any better. One Republican candidate admires Alan Greenspan, the Federal Reserve chairman who gave us financial deregulation and the financial crisis. Another is ready for a preemptive strike on Iran. Yet another thinks the Soviet Union is a grave threat to the United States. None of these clueless dopes are capable of presiding over a government.
Anyone who has been paying attention knows that the superpower is over-extended financially and militarily. The US is currently involved in six conflicts with Syria, Lebanon, Iran, and Pakistan on the waiting list for full fledged military attacks and perhaps invasions. Russia is being encircled with missile bases, and war plans are being drawn up for China.
Where is the money going to come from when the countrys debt is bursting at the seams, the economy is in decline, and unemployment on the rise?
Washington thinks that the money can simply be printed. However, enough has already been printed that the rest of the world is already suspicious of the dollar and its role as reserve currency.
As John Williams has said, the world could begin dumping dollar assets at any time.
I dont think we can dismiss Buchanans concern as pessimistic.
Buchanan documents his concern across a wide front. For example, the combination of mass immigration and its consequent demographics together with the diversity cult means the end of white America and the transformation of what once was the dominant population into a disadvantaged underclass.
Buchanan cites a Wall Street Journal article by Ron Unz published 12 years ago. Unz found that white American gentiles who would be considered Christian are dramatically under-represented in Americas elite universities, which provide the elites who dominate government, business, and the professions.
Unz reported that white Americans who comprised 70% of the US population made up only 25% of Harvards enrollment and that the composition of the student bodies at Yale Princeton Columbia, Berkeley, and Stanford was much the same.
Asians who comprised 3% of the US population comprised one-fifth of Harvards enrollment, and Jews, who comprised 2.5% of the population comprised between one-fourth and one-third of Harvards student body.
As Buchanan puts it, the countrys native-born majority has relegated its own progeny to the trash bin of history.
Buchanan doesnt address the question whether the rest of the world will miss white America. Considering the endless wars and astounding hypocrisy and immorality associated with white America since the collapse of the Soviet Union two decades ago, the world is likely to cheer when power slips from the hands of what Leonard Jeffries termed the ice people, that is, people without souls or feelings for others. Americans are so wrapped up in the myth of their exceptionalism that they are oblivious to the worlds opinion. American soft power, once a foundation of US influence, has been squandered, another reason the superpower status is crumbling.
Financial deregulation and the consequent financial crisis, collapse of the real estate market, and evictions of millions of Americans from their homes have greatly dimmed Americas economic prospects. However, as Buchanan points out, the offshoring of US jobs and industry under the guise of free trade has damaged the middle class, halted the growth in consumer purchasing power and left many college graduates without careers.
In the first decade of the 21st century, the Bush/Cheney years, America lost one-third of its manufacturing jobs. During this decade, Michigan lost 48% of its manufacturing jobs, New Jersey lost 39%, and New York and Ohio lost 38%.
READ MORE Pat Buchanan
Pat Buchanans latest book, Suicide of a Superpower, raises the question whether America will survive to 2025. The question might strike some readers as unduly pessimistic and others as optimistic. It is unclear whether the US, as we have known it, will survive its next presidential election.
Consider the candidates. Liberal law professor Jonathan Turley, who was likely to have been an early Obama supporter, now wonders if Obama is the most disastrous president in our history. Despite Obamas failure, the Republicans cant come up with anyone any better. One Republican candidate admires Alan Greenspan, the Federal Reserve chairman who gave us financial deregulation and the financial crisis. Another is ready for a preemptive strike on Iran. Yet another thinks the Soviet Union is a grave threat to the United States. None of these clueless dopes are capable of presiding over a government.
Anyone who has been paying attention knows that the superpower is over-extended financially and militarily. The US is currently involved in six conflicts with Syria, Lebanon, Iran, and Pakistan on the waiting list for full fledged military attacks and perhaps invasions. Russia is being encircled with missile bases, and war plans are being drawn up for China.
Where is the money going to come from when the countrys debt is bursting at the seams, the economy is in decline, and unemployment on the rise?
Washington thinks that the money can simply be printed. However, enough has already been printed that the rest of the world is already suspicious of the dollar and its role as reserve currency.
As John Williams has said, the world could begin dumping dollar assets at any time.
I dont think we can dismiss Buchanans concern as pessimistic.
Buchanan documents his concern across a wide front. For example, the combination of mass immigration and its consequent demographics together with the diversity cult means the end of white America and the transformation of what once was the dominant population into a disadvantaged underclass.
Buchanan cites a Wall Street Journal article by Ron Unz published 12 years ago. Unz found that white American gentiles who would be considered Christian are dramatically under-represented in Americas elite universities, which provide the elites who dominate government, business, and the professions.
Unz reported that white Americans who comprised 70% of the US population made up only 25% of Harvards enrollment and that the composition of the student bodies at Yale Princeton Columbia, Berkeley, and Stanford was much the same.
Asians who comprised 3% of the US population comprised one-fifth of Harvards enrollment, and Jews, who comprised 2.5% of the population comprised between one-fourth and one-third of Harvards student body.
As Buchanan puts it, the countrys native-born majority has relegated its own progeny to the trash bin of history.
Buchanan doesnt address the question whether the rest of the world will miss white America. Considering the endless wars and astounding hypocrisy and immorality associated with white America since the collapse of the Soviet Union two decades ago, the world is likely to cheer when power slips from the hands of what Leonard Jeffries termed the ice people, that is, people without souls or feelings for others. Americans are so wrapped up in the myth of their exceptionalism that they are oblivious to the worlds opinion. American soft power, once a foundation of US influence, has been squandered, another reason the superpower status is crumbling.
Financial deregulation and the consequent financial crisis, collapse of the real estate market, and evictions of millions of Americans from their homes have greatly dimmed Americas economic prospects. However, as Buchanan points out, the offshoring of US jobs and industry under the guise of free trade has damaged the middle class, halted the growth in consumer purchasing power and left many college graduates without careers.
In the first decade of the 21st century, the Bush/Cheney years, America lost one-third of its manufacturing jobs. During this decade, Michigan lost 48% of its manufacturing jobs, New Jersey lost 39%, and New York and Ohio lost 38%.
READ MORE Pat Buchanan
