Michael Hudson: US Risks Annihilation To Keep Dollar Alive

Video Rebel’s Blog

Hudson recently wrote an article explaining why US Bankers were willing to assassinate Iran’s General Soleimani in order to keep the US Dollar as a world reserve currency. That is to say that they are willing to risk WW III because they want to buy trillions of dollars of things for free from foreigners by defrauding them with I Owe You Nothing Federal Reserve Notes. 

Let’s go back to 1972 when Dr Hudson published Super Imperialism in which he said the US was paying for its wars and military occupations by printing dollars. Hudson was invited to speak at the State Department and the Pentagon. The diplomats liked him, understood him and voiced no objections to the policy of papering the world to pay for 800 bases in 80 countries. Later, he spoke to the Pentagon where it took them a while to understand what he was saying. Finally, a general said, “Wow. We are ripping people off.”

I should mention an article I saw minutes after reading the latest from Hudson. Russia and China have far superior weapons to the US. Even Iran has Mach 14 IRBMs (Intermediate Range Ballistic Missiles.) American missiles are twice as slow as Iran’s and about a fifth the speed of Russia’s. The US spent $9 billion on the USS Gerald Ford aircraft carrier and the elevators don’t work. So what good is an aircraft carrier if you can’t get a jet topside? It sort of leaves the entire fleet defenseless which was the point of the article – lack of morale in the US military.

Perhaps soldiers did read Dr Mark Skidmore who said that from US government websites he found accounting over sight statements admitted that the Defense Department and HUD could not trace $21 trillion in taxpayer spending from 1998 to 2015. Soldiers might get the impression that they are risking their lives for people who rob Americans by the trillions. The same Bankers starved 3 million Americans to death in the 1930s.

We also learned that General Soleimani, according to Iraq’s Prime Minister, was in Baghdad because the Iraqis were attempting to broker a peace deal with Saudi Arabia. He was not planning an attack on the US.

One more lie to dispense with while we are at it. The pro Iranian Popular Militias were rioting at an American military base. But why? The US, according to Seymour Hersh, had been funding, arming and training Al Qaeda forces like ISIS and Al Nusra. The US has air dropped supplies to ISIS and run rescue missions to fly out trapped ISIS commanders. And the US has repeatedly bombed the Iraqi men risking their lives fighting ISIS.

(Younger people might not know that Hersh won a Pulitzer Prize for reporting the My Lai massacre in Vietnam.)

The irony here is American politicians pretend to be Christians but are actually funding Jihadist mercenaries who gouged out the eyes of Christians and beheaded them. Syria has Christian churches that can trace their origin back to 50 and 60 A.D. 10% of the people in Syria are Christian.

Neither the media nor the politicians have done anything to stop the funding of Al Qaeda. If you believe the media, Osama bin Laden and Al Qaeda did 911 so anyone sending ISIS (Al Qaeda in Iraq) weapons is guilty of treason. But then I never believed the fairy tale that Osama called up Bankers in New York in the middle of the night on September 10, 2001 and ordered them to move a billion dollars in gold and silver out of vaults at the World Trade Center. The Media has not explained that one.

Wall Street deliberately over populated America while sending jobs overseas. To make it appear to American voters that they still lived in a prosperous country, the Bankers printed trillions of dollars to buy free things from overseas. And to cover the salaries, benefits and pensions of 31 million federal, state and local government workers counting contractors, they printed even more trillions. And printing still more to pay for their government pensions.

A few problems. Productivity has grown a lot in America but wages are stagnant. Rents are astronomical in areas with lots of immigrants. Working class people in many parts of the country lead hollowed out lives with no future. Big Pharma has a solution for the poverty blues – Opioid Addiction.

But the Real Fly in the Ointment is this: Foreigners have become sick and tired of subsidizing DC Swamp Creatures and Wall Street Bankers to the tune of a trillion dollars a year – more or less. What happens if they just say No? Hudson knows as do I. The US Dollar will no longer be a reserve currency which was accepted as a means of payment just like gold was in 1800 and 1900.

60% of US dollars are overseas buying things for free. If foreigners send them back to the US, then our domestic money supply increases 150% over night. Not good for Bankers. Because that amount of currency inflation will cut wages more than in half. And because we have 200 million more people than the last time millions of Americans starved to death for Wall Street, the working poor will have nothing to eat but billionaires.

In the Great Depression deer and wild rabbits almost disappeared. In today’s world most people live in cities. Those cities will burn to the ground when 120 to 160 million Americans can’t afford to eat.

So instead of solving our problems by arresting Bankers and seizing their assets to fund Debt Cancellation, we will risk World War III to keep the dollar afloat until 2022 or maybe 2023.

We could issue a Debt Free currency like Lincoln’s Greenbacks but Bankers would rather give you a $23 trillion debt to pay to them and than let you have a government that owed nobody anything. Instead of keeping the US out of World War I, President Wilson chose to accept the wisdom of Wall Street and get 130,000 US soldiers killed and another 8,000 blinded just so we could bankrupt Great Britain and France. Instead of peace in the Mideast we could let Soleimani’s successor get Americans killed in Afghanistan where he had been working recently. And also get Americans killed in Saudi Arabia when Iran ramps up the war in Yemen.

Please remember that those Iranian missiles are more than twice as fast as anything America has. And the Iranians also have an unstoppable cruise missile with a range of 800 miles.

But why worry about it? Just let the Bankers run everything. It is much easier to do nothing than to declare yourself to be an enemy of the Bankers and the Swamp Creatures. They might say bad things about you.

If you wanted to say No to Bankers stealing taxpayer money by the trillions, you could  begin by reading this:

Join Catherine’s Meme War Against DC Swamp Creatures.

https://vidrebel.wordpress.com/2019/12/02/join-catherines-meme-war-against-dc-swamp-creatures/

If you suffer from the illusions that the Good Guys work for the CIA, please read this:

Update: America’s Secret Multi-Trillion Dollar Black Ops Slush Fund

https://vidrebel.wordpress.com/2017/06/10/update-americas-secret-multi-trillion-dollar-black-ops-slush-fund/

The only painless way out of a Depression is Debt Cancellation  was discovered 4,100 years ago…

Debt Cancellation Is The Best Way To Take Down Bilderberg

https://vidrebel.wordpress.com/2015/04/07/debt-cancellation-is-the-best-way-to-take-down-bilderberg/

If a friend believes there is a candidate who wants to make America better for you and me, read this:

Senator, Why Do You Want to Cut Our Wages and Pensions 50%?

https://vidrebel.wordpress.com/2019/04/29/senator-why-do-you-want-to-cut-our-wages-and-pensions-50/

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