Chapter 28. The 2008 Collapse of Global Capitalism
First of all, I invite you
to categorize principal acting and conditioning causes in the world as 2009
ended and 2010 began:
(1) Iraq: The US has suffered the greatest catastrophic military defeat
in its history at the hands of guerrilla forces in
Iraq. As I predicted in the last edition of
this handbook the responsible members of the US ruling oligarchy have taken
command of the Pentagon and arranged for US withdrawal in such a way that they
are not being literally chased out the bar room door but being allowed to exit
in the rear, albeit like cheaters in the back-room poker game, they are going
out back-to-back. The iconic photograph of the US
defeat in Mesopotamia will be Bush being chased out of
Baghdad with shoes flying toward his head. A fitting
photo equivalent to the frantic helicopter escape of the
US invaders from atop their Viceroyalty in old
Saigon two generations ago.
What the failed Gringo
military expedition has left behind in Iraq
is a total fucked-up mess. I’m speaking of the material foundations of life.
Millions of Iraqi’s displaced into foreign lands or slaughtered at home and an
entire infrastructure destroyed. Whatever Iraqi governments emerge from the
extant chaos they will expect the USA
to pay for all this damage. So the cost of this war is going to go on and on
and on. What the neo-con US fascist rulers did to the USA would be hilarious if
it were not so tragic (it has cost the North American people with well over a
half a trillion dollars so far in direct spending, all of which the US then
ruling gang borrowed; meaning the people are stuck with at least another
trillion, minimally, in interest costs.)
Meanwhile the people are
losing everything: roads, rail maintenance, alternative energy, schools,
hospitals, pensions, affordable food and housing, health care, decent social
security, jobs, etc. etc.) The new populist regime in Washington
should be supported in every way as it struggles to help the people during the
orgy of help provided to the capitalists. Not just because it is the right thing
to do – always to help the working people – but because it gives us the
opportunity to explain the truth to the masses impacted by the cruelty of the
US ruling oligarchy. This time the enemies
of the people must be prevented from ever being able to launch another
capitalist general crisis disaster. This is the only logical alternative to
their ongoing assaults against humanity and the time is at hand to prepare the
population by education as to the nature of their most deadly enemies – their
class enemies within our country. There will be a settling of accounts – there
always is – and we have plenty of revolutionary action precedents to guide our
vanguard workers as they lead in the struggle to overthrow the vicious
capitalist oligarchy of trillionaire and centi-billionaire families.
Bottom-line, politically,
the gringo regime has left behind an Iranian style government in
Baghdad that will not last long (if the Sunni population has anything
to say about it) and a would-be independent Kurd Republic
in the north. I predict that the gringo’s will not even get a permanent military
base in Iraq
as they run through the back door, hoping it doesn’t hit them in the ass, again,
on the way out.
(2) The Truth
about the US imperialist Iraq War Objectives:
This war was a war against Capitalist Europe, New Class
Russia, and Socialist China as much as it was a
war against the Arabs and Muslims. The gringos lost it all. They lost the oil of
Central Asia. They lost the bullshit awe and aura prestige they had
hoped to convince the world should be theirs, when the world saw that they could
be militarily whipped by what the gringo racist bosses considered to be
rag-headed camel-driving Arabs, who were simply guerrilla’s conducting a
traditional national liberation insurrection. It’s far too late to expect the
rest of the world to accept any interpretation of what happened to their war
objectives than this one I have just stated. In short, no matter how many lies
of fact and omission that the cap press spews out to the politically and
historically challenged North American people (kept in near total political and
historical ignorance by the capitalist media and lower grade textbooks) there is
no putting that genie back into the bottle.
(3) Consequences: The most important immediate consequences
on a global basis of the US disaster in Iraq are:
(A) The US rulers having lost their hegemony (dominance) over all of the capitalist
classes of the world. Let’s say it again – they lost the entire world! They even
lost their hegemony over the English-speaking world not just over the other
major capitalist countries and the developing capitalist countries. The
US oligarchy’s command structure under Bush II also,
(B)
accelerated the process of realigning the world’s industrial capitalist powers
and gave New Class ruled Russia the breathing space it needed to rebuild its
economic and military foundations and to effectively confront US imperialism in
Georgia, the Ukraine, and I predict soon in every former Soviet Republic. Along
these lines it appears to me as if the Putin-Medvedev New Class Regime and Party
has realized that they may well have to accept a second Bolshevik Revolution to
achieve their objectives of reconstituting the old USSR and regaining national
security for their frontiers. The current crisis confronting global capitalism
may help Russia’s
New Class leaders understand they are far better off with us than with our
enemies. A second Bolshevik Revolution in alliance with the
Putin-Medvedev New Class Moscow Regime is quite possible and hopefully will
occur. I for one find it extremely refreshing to be dealing with an open and
honest New Class group of leaders such as the Putin-Medvedev group than I did
when we had to deal with the two-faced whimpering traitor Gorbachev.
(C)
Communist Party led People's Republic of China
is now in a position no one of us could have realistically predicted eight
years ago. Of course China’s Communist Party, through its own efforts in
organizing the Chinese people, is primarily responsible for putting China in the
position of a responsible equal leader with other states (of the capitalist
persuasion) internationally! However, the Bush fascists certainly helped them
along (without meaning too, of course). Remember how the Bush Gang started out
so provocatively against China? Confronted with renewed Yankee
aggression the Chinese leadership stepped-up to the plate in ways they never
would have done eight years ago. Among other military advances China
has fielded a nuclear fueled submarine fleet with nuclear tipped ICBM missiles.
– And, this was precisely because the imbeciles in
Washington dropped their sheep’s clothing and exposed
their plans for naked aggression;
(4) Consequences:
The most important long term consequences on a global basis of the US disaster in
Iraq are:
(A)
The blatant obviousness of the Gringo Regime's strategic planning for world
domination forced the Chinese Communist Party’s leadership to do something it
had not wanted to do; that is to take the lead in forming a de facto
Global Socialist Alliance of China, Cuba, Vietnam-Laos and progressive
countries like Venezuela, Brazil, and even Bolivia, Nicaragua, and Ecuador.
China’s past decade has featured a friendship offensive
that has given it a mirror-image of goodness compared to the US
evil witch in the Snow White fable, and all of this came to a brilliant climax
with the hugely successful Olympics in summer 2008
Beijing. It will take a lot more than the pathetic
current stumbling around of Hillary Clinton to change the view of the world on US imperialism.
(B) Washington launched a truly
childish plan to destabilize Latin America
that began in 2008 and continued through 2009. But, in the end they got
absolutely nowhere except to dig an even deeper pit for themselves from which it
will be increasingly difficult for them to escape. In fact, they lost the
initiative altogether and are currently stuck in political and military
quicksand in South America. What else should
you expect from a Green Beret Navy Seals run destabilization program? (It was
all explained by Kaplan in his
Annapolis lectures as he remarked in comments in his
Thanksgiving Day article in the Los Angeles Times two years ago.)
If it had not been for the (a) wearing down and wearing out of their military
machine in Iraq, and (b)
their running out of money as a consequence or the ongoing global capitalist
collapse (they triggered), they would already have invaded South America in a
war against Venezuela, Bolivia and
Ecuador. Instead (c) they were forced to settle
for small-unit trouble-making activities (ranging from the
Ecuador probe to the current flight of Venezuelan
counterrevolutionary chiefs to
Peru) – which (d) have in the end left them
nowhere.
Finally, do not underestimate the importance of this new fact in world
history and that is that the number one enemy has run out of money – at
least for the moment. – And, this means the US
ruling families will be incapable of starting another
Iraq style war in the Americas; that is a wonderful new perspective. For one thing Cuba is
finally, relatively, safe – not that it doesn’t have to be constantly on guard – as is Venezuela.
(C)
Washington has scared the living daylights out of those who had thrown in their
lot with their would-be "puppet masters" such as the Uribe
trafficker-industrialist clique in Bogotá, Colombia, and the similar
trafficker-industrialist clique of 12 families behind social fascist Alan Garcia
in Peru. -And, these types are back-treading as quickly as they can from their
ill thought out earlier commitments. For Garcia it is too late and his end and
the end of his gang as well, is in sight. For Uribe? Well, he still has a little
time left to do the right thing. For a comical view of what is going on in these
two puppet regimes you might take a look at the old movie Moon Over Parador
(Richard Dreyfuss, Sonia Braga, Raul Julia and Jonathan Winters.)
Uribe had been on the DEA’s “most wanted” list until he was suborned
by the CIA in a deal where he was to be used against all the guerilla forces in
the Americas.
But, now, in power, and potentially somewhat independent of his imperialist
sponsors, he has struck out in an “independent” way that will make his “base”,
the Colombian big bourgeoisie (including the worlds richest drug traffickers –
some of whom I have known for many years – see my books, Shining Path, the
Peruvian Revolution, Rivers of Blood and High Finance South American
Style!), the accomplices of Washington’s new ultimate nemesis Hugo Chavez.
Caracas has more money to give Uribe than does Washington and Venezuela’s money
comes from “honest” sources (e.g. contracts for building an oil pipeline
across Colombia where oil can be shipped directly to China from a Pacific port.)
Peruvian puppet Alan Garcia had gone along with the
Bush-Cheney demand to allow US Marines into Ayacucho but the rebellion of the
opposition parties and the Peruvian people appears to be forcing their
withdrawal as I write. – And.
Most promisingly the corruption of the social fascist regime of Alan Garcia in
Lima Peru
is resulting in the mass demand for the resignation of this traitor and his
entire gang. We will see. In the meantime the patriotic Peruvian Army officers
may oust the traitor and if not there is forming in Brazil
a well-armed highly trained International Brigade preparing to enter the armed
struggle in both of these semi-colonial provinces of the Gringo Viceroyalty for
the Central Andes in Lima.
Their end is not just in sight but assured when these brotherly forces enter the
arena placing themselves under the orders of the National Liberation Armies
operating in these subjugated nations.
(5) Historical Consequences
(A) With Bush II, U.S. Imperialism immediately embarked upon a
program of seizing defeat from the jaws of the victory they could have had.
At the very least they could have maintained their hegemony over the capitalist
world for several decades into the 21st century. Instead they threw it away in
two short years. This is a historic defeat for them of catastrophic proportions;
a defeat from which they shall never recover. For them, as for Hitler seventy
years ago, all that remains is the running, and dying. For us, whatever
short-term advantages some of the timid among us may have thought we might have
lost with the disappearance of the Soviet Revisionist Ruling Clique from the
Historical Stage, the stupidity and ignorance of the US hegemonists has more
than offset. The emergence of the Putin-Medvedev New Class Russian regime’s
hostility toward the imperialist encirclement they confront is far better for us
than if there were the old modern revisionist labor-fakir regime parading as
socialists and communists whose real world system made everything we believe in
a farce. Getting rid of these scumbags like Gorbachev and gang, defeats once and
for all the Orwellian twist of Modern Revisionism as we came to know it.
(B) At the moment, there is great instability in the global class struggle and all
of you revolutionary cadre need to continue to study and observe, the past and
the present, in order to deal the telling blows needed to remove the Gringo ruling families from the scene, liquidate their State and Government
establishment. In their place we want a new Constitutional Convention to
reorganize the Government and we will have to win over the Army, Navy, Air Force
and Marines, by building our cadre in those branches of the capitalist State
apparatus. The same in many Local, State and Federal police establishments.
We will make our revolution with the Army not against it. Finally we
have to build a massive united front of industrial worker’s unions as the
instrument which will lead the proletarianization of our political life. Then we
can then proceed to build a new Socialist Order in the
United States.
You should begin by getting involved in organizing working people so
that the next time there is a mass spontaneous outpouring into the streets (as
conducted by Hispanics in 2006) you will be doing far more than handing out
leaflets – which at any rate were full of inaccuracies and profound errors, so
typical of the historically ignorant US Left. The US ruling families are
prepared to lock-up militant White workers alongside those of the African,
Hispanic and Asian origin when the inevitable collapse comes – we must be at
least as ready to lead those workers in an armed struggle for the overthrow of
the fascist regime in Washington and to substitute working class power in its
stead. Beginning with what our Constitution calls for in these circumstances
– that is, a new Constitutional Convention that will outlaw unbridled
capitalism and guarantee the North American people they will be the benefactors
of whatever structure comes out. Remember that our enthusiasm for a progressive
capitalist government under Mr. Obama must inevitably result in having to face
the necessity of having to split the capitalist alliance which took power in
January, into its most progressive sector and its reactionary left-over sector.
Depending on how that battle unfolds and plays out we will decide what to do
next in US electoral politics.
But the important things for us Bolsheviks to do at this time is (a)
to complete our education begun with this book and (b) find an area of US
productive industrial life where we can trigger some of the coming events we
need to see. (c) Finally, the time has come to build a real Communist Party and
we have begun with the establishment of the Communist Party
USA (Foundation).
I describe in Chapter 13 below how, in the Czarist empire, Lenin and
Stalin found the Russian oilfields of the Black and Caspian Seas to be the area
where they could and did concentrate their efforts in 1901, giving them local
permanent victories with a union in the oilfield and then the Empire-wide
general strike that led to the Russo-Japanese War of 1904, the defeat of the
Czar, and the First Russian Revolution (of 1905.)
(C) Socialism
Unfolding in the 21st Century: China and Latin America: As we
shall see the World (Stalinist) Socialist Stage climaxed at the end of the last
century with (i) the collapse of Modern Revisionism in the USSR and Eastern
Europe and the restoration of outright ”old fashioned” capitalism in some of
these countries, and as often, as in Russia, the old bureaucratic “socialist”
New Class has emerged as the ruling and owning technocratic New Class of an
otherwise title-deed holding bourgeois variety of capitalist. (ii) – And, the
collapse of US
hegemony over the capitalist world.
(D) However,
(Stalinist) Socialism as a Stage survived and advanced into a new Stage in
China, Vietnam-Laos and Cuba,
albeit with an embarrassingly retrogressionist left-over in Korea.
Following the difficult
beginnings we shall review in Chapter 13 and 14 below (Chapter 13: The
Stalinist Socialist Stage; and Chapter 14: Bolshevism Spreads to China),
China managed to pull it all together and embarked upon a massive program of
industrialization and agricultural modernization which features the proletarian
Party in command of a mixed economy. Since China is China – that is at least one
fifth of the entire world, Socialism, (much to the chagrin of our ideological
counterparts, on the payroll of the trillionaire and billionaire families that
now control at least seven of the major capitalist countries), cannot be
disposed of in daily propaganda. Nor, of course, in the real world of socialism
vs. capitalism.
In short,
World Socialism is now in an advanced Stage. What we will be calling the Second
Socialist Stage (the Stage of Advanced Socialism.) Here the construction fronts
of Socialism are the primary concern of the Parties in power. – And, that
is to say, simply the bringing of adequate technological advance to the table.
That is, something that the founders, Marx and Engels, had taken as a
theoretical “given.” Nevertheless, what in practice history gave us, was
its opposite - extreme technological backwardness. The greatest 20th century
struggles (after those of survival) accordingly, were to achieve this
technological foundation we had expected to inherit.
Simultaneously, struggles to seize power have also necessarily continued
unabated in the unliberated parts of the world. This being especially true in
the former colonial and semi-colonial parts of the globe. Especially Latin
America only now freeing itself from the evil grip of
US imperialism.
(E) The foremost revolutionary seizure fronts are now in
Latin America. Thanks to the perseverance of Fidel Castro and the
Cuban Revolution, communists were in place to assist the anti-imperialist
working class, small farmer and patriotic-nationalist bourgeois forces in Latin
America, when they confronted the reality of what the Gringo’s had imposed upon
them in the 1970’s, 1980’s and 1990’s.The so-called neo-liberal model of
imperialism. Furthermore, these indigenous anti-imperialist forces have formed a
broad alliance (ALBA: Bolivarian Alternative for Latin America) in
Venezuela, Bolivia,
Ecuador and Nicaragua,
with Cuba.
Brazil may join soon. The probability that they
will be able to hold onto state power is quite high.
(F) At the same time we must recognize that US imperialism has not gotten soft.
For example, in 2008 the imperialists tried a surprise insertion of
combat troops into Peru.
Peru’s President long-time traitor Alan Garcia
proved himself to be the Arch-Comprador of Latin
America. (Comprador means “collaborator” with a foreign power or
capitalist entity of some kind for personal financial benefit.) Those of us who
know about these things knew, of course, that Garcia was just one more sell-out
to the Gringo establishment and had been taking money from them for decades. At
any rate Bush and Cheney summoned Garcia to
Washington
and called in their markers. Garcia had little choice but to pay up as he has
been on the gringo payroll for all of his political life. This time he sold his
country to the gringo regime in exchange, I am told, for some twenty million
dollars up-front, (handed to him in a suitcase by the Dark Lord himself!) plus a
monthly CIA stipend of several million dollars, delivered to him monthly by a
courier from the nest of evil at Surce (the HQ of the Gringo Viceroyalty for
Peru and the Central Andes in
Lima.) Thus he gave permission for the gringo regime to
establish their much sought after South American military base. The Empire hoped
it might gain an on-continent base from which to fight against national
liberation not only in Peru
but throughout the continent. Patriotic Peruvian Army men took the initiative
threatening to depose the Arch-Traitor, as demanded by their opposition
party led by Captain Humala. Mass demonstrations throughout the nation greeted
the Traitor’s move and demanded the withdrawal of US imperialist troops. As I
write the Peruvian people are arising en masse demanding the resignation
of the traitor Alan Garcia and his corrupt social fascist party. A miners strike
in March and April left the social fascist regime without any working class
support whatsoever! Furthermore, the CFPUSA is supporting the call for an
International Brigade to reinforce the national liberation fighters in their
struggle against fascist dictatorships in Peru and Colombia.
The New
York Times reported on its front page March 18, 2009, the advances
being made by the Communist Party of Peru Shining Path of Carlos Mariategui
which are substantial and occurring daily in critical zones of the nation. The
liquidation of the Peruvian Army units challenging the Rebels is assured in the
coming 18 months unless the soldiery in those units rebels and shoots their
officers, coming over to the side of the Revolution. However, their fate works
out Garcia’s end is in sight. Garcia’s brand of comprador social fascism in
collaboration with US
imperialism is about to be sent to the trash can of history, no longer an
option for the Peruvian bourgeoisie, or the ruling 12 capitalist families. The
day that recognition becomes class policy on the part of the latter and/or
new daring rebel strikes against the Traitor’s Army occur in the Lima region,
will be the last dayof US imperialist power in this critical Andean
nation. I predict the patriotic national capitalist class will break with
the compradors.
In short, what
we have now as the 21st century begins to unfold is (1)
advanced socialism in power and moving forward in the construction of the
technological bases which will make its “permanence” possible and (2)
revolutionary socialists in the process of seizing and/or developing power in
the Latin American capitalist countries (and elsewhere). Two distinctly
different things, yet intimately interrelated.
The Current Situation is a Dress Rehearsal for the Final Global
Capitalist Stage Collapse:
How and Why Did it Happen
When I was an undergraduate forty years
ago Monthly Review long time editor, Stanford University
(Marxist) Professor of Economics, Paul Sweezy, had been writing a series of
editorials about the trends in US banking. Namely, the greedy trend of loaning
increasing amounts of a bank’s reserve capital, leaving less and less behind for
possible losses and subsequent write downs. That tendency was simply exacerbated
over the coming years until banks had virtually all of their ready cash on loan;
then they borrowed more to loan more and had 150 percent of their assets on loan.
Now they can loan 9 times their assets!
All they have to do is to go to the Fed discount window and show a capital
infusion of say 1 billion dollars and they are handed 9 billion to re-loan!
Furthermore, the paper they show supposedly worth a billion dollars is often of
highly questionable value itself as in the case of the derivative house mortgage
securities worth essentially nothing right now which were offered up as
collateral securities for that new 9 billion – with which they might buy more of
this shit. All of this justified by increasingly relying upon the ultimate
insurer, which was the US Government (they own), which could be counted on
to come to the rescue in case things went south and the banks could not call
upon reserve capital they did not have. After all what choice would the US
Government have? Let the economy collapse?
– And, they have been proven correct
as events in October 2008 proved, when the US Congress was forced against its
gut instincts to step up to the challenge of total collapse and back the banks
to the hilt. – And now that that collapse is at last underway, this is just the
beginning. All of this anticipated, in other words, by the very capitalists who
had engineered the policy of unlimited selfish loaning without regard to the
consequences – without regard to the amounts of value and surplus value actually
being created. This disastrous inherent capitalist contradiction is currently
playing out. In other words the General Contradiction of the Servitude Epoch is
now coming to grips with the General Crisis of Capitalism again, as I have been
predicting for the last five years in this book.
Since that time one after
another serious financial engineering problem has been allowed to surface and
become manifest. Beginning
(1) With the need to ship capital
abroad not just to implant the machinery (traditional imperialism) to which
colonial cheap labor could be forced to work but this time to buy all the
stuff being produced in these cheap labor centers. That’s all
“globalization” really means.
(2) Then imperialism’s need to back
up its international hegemony with military force led to a still greater outlay
of cash in non-productive ways, thus to larger budgetary deficits for the US
oligarchy; which could not force the public to swallow this bitter medicine –
they had to lie to the US people and trick them into allowing these military
expenditures to occur and lie again to justify the financing to be done via
borrowing.
(3) As foreign creditors became
increasingly wary of US financial engineering policies and began to look around
for alternative safe investments, US engineers had increasing difficulty in
borrowing the money needed to stop the bleeding; that is, to offset the cash
outflow to cheap labor centers and growing budgetary deficits.
(4) Then Imperialism stumbled
fatally when it dropped its sheep’s clothing showing its true wolf nature in its
war against Iraq which was in
fact as much a war against Capitalist Europe, New Class ruled
Russia, and Socialist China, because it was the
gringo’s attempt to corner the world’s oil supply. (They failed completely and
finally in this regard, and are walking away like an embarrassed dog licking its
wounds after a thorough ass whipping.) Now imperialism’s vaunted military
superiority is seen for what it is – mostly bullshit – propaganda designed to
scare by shock and awe an unprepared and far weaker foe. Now, it is seen that
standard guerilla warfare techniques can bring the great juggernaut crashing to
its knees. Frankly, if I were a guerilla commander I would find fighting these
gringo soldiers extremely gratifying. These are the easiest to beat and all it
takes is the determination to go in against them standing up, forcing them to
fight hand-to-hand without their close air support. Under these constraints they
are destined to receive a serious ass whipping.
(5) Finally, and most importantly,
the world’s other capitalist classes, and the world’s working class governments
have many alternatives now to the use of the US dollar as the sole international
currency. The world ruling families are currently considering exactly how to
replace the US dollar and simultaneously be sure that whatever international
currency results will be decoupled permanently from the
US
economy and its proven danger to the health of capitalists in every other
country. They could take over the existing currency in every respect if the
gringos agree to give it up and create a new and second (domestic) currency with
which they can fuck around to their heart’s content as they will only be hurting
their own people and not the world’s people.
(6) The
US rulers and their bureaucrats have lost the confidence of their class (the 2000
families in the world who have as much money as five billion ordinary people)
after having loaded them down with investment vehicles seeded with poison pills
from the US subprime mortgage market. (These loans would never have been allowed to be
packaged with the majority of good subprime loans if the US
rulers had not been so desperate for foreign money obtained in any way.) The
gringo conspirators dumped 600 trillion of this worthless paper on their
international class brothers. Now Swiss bankers say the amount is twice that or
1.2 quadrillion dollars of worthless paper!
(7) Imperialism’s many (nearly
countless) recent attempts to kill Chavez, Correa and Morales and restore
comprador puppet regimes in Venezuela, Ecuador and Bolivia have all failed
miserably in the face of sophisticated revolutionary strategy and tactics The
rest of the American continent, with the two noticeable exceptions of
Gringolandia puppets Garcia (Peru) and Uribe (Colombia), is working its way into
an anti-imperialist de facto alliance of these nations against the
Empire.
Finally, there are a multitude
of structural failures coming to a head simultaneously for
US imperialism’s ruling oligarchy.
(8) The Real Estate and Housing
Market crisis (interlinked intimately with the subprime mortgage crisis) is one.
(9) The shift of US incomes from
manufacturing working class incomes too far less lucrative so-called “service”
jobs and everything that reduction in income for a hundred million people
involves, another.
(10) The
US educational crisis closely linked to the transformation of US
research from project focused individual scientist sponsored work to massive
industrial style expenditures on group sponsored projects. High energy physics
being a good example. Imperialism is interested in expensive science far more
than inexpensive science (because that is where the ruling families make their
money i.e., contracting to build these massive facilities}, when what is
needed could be done in a Microsoft lab (http://groups.msn.com/NewPerspectivesinPhysics
at the CFPUSA website or read the book by that name – the only copies of which
currently are in the library at Boise State University).
Note: the gyroscopic Lenin Atom
shown on the Home Page has three parts you want to memorize as you read the four
papers at New Perspectives in Physics. The nucleus is shown as a Helium
atom and the horizontal gimbal shows the orbital of 2 electrons (there are never
more than two electrons in any one orbital and this is the reason why) and the
vertical gimbal shows the orbital of the gravitons.
(11) European central bank
purchases of US
paper have been halted and it is a question in doubt as to whether they will be
resumed. Do not be confused by momentary panic buying by European banks
occurring as I write for this is just helter skelter panic running to put money
somewhere safe. They are about to find out the cave they ran into to weather the
storm is already occupied – by a Grizzly!
(12) Foreign
billionaire-trillionaire and other wealthy foreign purchasers of
US paper are looking elsewhere, have stopped buying US
paper and it is uncertain when if ever they will resume such buying. Do not be
confused by panic US securities buying on the part of foreign bourgeois and
other capitalist elements at the moment because that is just panic. People
scared to death by the US
imperialist dumping of worthless securities on them destroying thereby not only
their life savings but their means of making money! ASAP these
US instruments will be traded out for Euros or
some other safer instruments than dollars (about to collapse in value
introducing the next crisis - the monetary crisis - and is coming immediately.)
(13) Foreign governments are
increasingly unlikely to accept US demands for money to support their troops on
these foreign soils.
(14) Debt service payments to US
banks on the debt intentionally heaped on third world countries has been under
attack for some time (as Fidel points out in his letters to Brazilian President
Lula – go to GRANMA international edition in five languages including
English, on a daily basis, for the full text of these letters) and now will be
placed at the bottom of the list of foreign government obligations.
(15) Sales of high-tech armaments
have been reduced to the level of sweetheart deals only (with corrupt buyers, as
in the case of Saudi Arabia)
because internationally US
war makers find the world arms market - one where competition is increasingly
stiff.
(16) US Corporations are cheating
on profit repatriation and buying more and more stable international currencies
instead (e.g., the Euro).
(17) Financial alternatives for
financing such critical inputs as petroleum (to the
US financing centers in New York
and London) are emerging and this reduces the
amount of cash flowing back into the
US.
(18) Actually, the US financial
situation is worse than broke – it has an outstanding debt in excess of 10.5
trillion dollars (outside of the US Fed bail outs now over four trillion
dollars, if not more) – which means that if every citizen sold everything they
own including the shirts on their backs they could not now come close to paying
this debt. Furthermore, this debt is increasing by many billions monthly.
For practical purposes this debt will
never be paid. Investing billionaire and trillionaire families from Arabia,
Asia, and elsewhere, have been willing to settle for timely interest
payments, but the ability of the US Regime and its central bank to keep that up
is now in question. Failure will, of course, mean the end of the post-World
War II global economic order. Actually that is what is happening as I write. The
Old Order has failed and the international capitalist oligarchy of trillionaires
and centi-billionaires are working out the new order right now.
The
US trillionaire centi-billionaire oligarchy cannot get out of this capitalist
crisis they have created by paying in dollars worth a fraction of what they were
worth when they were borrowed - this will not do either. A new non-US
international currency may result. Or, a second US currency (one domestic and the existing one converted to solely “international”
status.) Either way, the
US place in the world will shrink
accordingly. A new world order absent
US domination is about to emerge. Not
exactly what the “neo-cons” told people to expect as a result of their policy of
world conquest. The fact is that the war against
Iraq, and its failure, is the immediate trigger
for the way in which this dress rehearsal for the coming, inevitable, total
collapse has precipitated.
In order to escape their current crisis
the ruling Gringo families must either pull a coup and take military
control of Washington
establishing a new government without any constitutional prohibitions against
trespassing on the People’s rights – or – accept a continuing budget deficit
running into several trillion dollars annually for many years. Either will
remove the USA
from being a victorious participant in whatever international order comes out of
this most recent capitalist dog-fight.
(19)
China’s leader has (Friday the 13th of March)
called on the US to assure
him and his government that the
US would stand by its securities and their
value. He said he was worried. He should be. The
US does not have the ability to stand by its
financial agreements on the value of its T bills or any other paper.China will end up writing down the
Lion’s share of their trillion dollar loan to the gringos and will have to
accept that as the price of their industrialization. Would
China have been better off going the Soviet route? Who knows? I don’t think so for a
variety of reasons (at any rate that is the way history unfolded) but the cost
is going to include getting fucked out of a trillion dollars. Something the
deadbeat gringo capitalists are getting quite good at. As illustrated perhaps by
the Saturday Night Live November 21, broadcast lead where Wu Jintao is
questioning Barack Obama on
US monetary policy.
Our Communist solution to the
current capitalist crisis is obvious. We would seize all of the assets of
the 2000 families without compensation and outlaw any debts to them. End of
problem but also end of system – the end of the capitalist system. That is
obviously the working class solution to the problem. In the meantime we
will fight over the issue of making the capitalist nationalization of financing
a permanent reality rather than giving these entities back to the oligarchy once
we have saved them. Then move to nationalize the oil and gas companies
and finally move to guaranteed annual incomes for all our citizens and
guaranteed jobs and educational futures. Seizing oil, gas, and banking can
provide a massive source of revenue to the North American people.
(20) Because none of
the Left parties are yet strong enough ideologically or practically to
mount this serious challenge to the oppressive Regime on the Potomac, the US
ruling families and their foreign comprador allies (e. g., Bush and
Saudi families) will recover from their current crisis. Now with the Communist Foundation Party USA it will be possible in the not
too distant future to organize and lead an armed insurrection for state power.
In the meantime, will the US
oligarchy be able to maintain their pace of aggression against the rest of the
world? I doubt this also.
They don’t have the material
wherewithal to use against the rest of the world any longer, because they
don’t have the money to pay for military equipment, deployment (US soldiers
require huge amounts of supply on an hourly basis; gas and diesel not to mention
uranium are expensive for planes, tanks and ships, respectively) nor troops.
They can phony up with promises, as they have been doing for decades, but that
is not likely to work much longer, given the new
US “deadbeat” reputation among international bankers. – And, how will the North
American people step up to the plate upon which this dish has been served? Open
revolt is just beginning and will soon spread. We need to be in place to provide
leadership – identify enemies of the people and take appropriate action –
identify immediate military targets and prepare to take them.
(21) The financial
inability of the USA
to pursue its world aggression policy means that there is going to be a
temporary stalemate once again in the world-wide struggle of labor against
capital. For Latin America this means a brief respite (of a few months),
if you will, from the danger of massive US intervention, and a shift to
preparing for gringo aggression on a localized basis; Imperial attacks coming in
the form of small unit assaults (e. g., the Ecuador probe; the current
attempted occupation of Ayacucho, Peru, and its now underway use of US troops
against the Rebel Army in Peru) and civil disorder organizing (e. g.,
right-wing student demonstrations; and mafia-union strikes in Venezuela) and
getting their new 4th nuclear Fleet into position. It means the ALBA
nations have a short period of time to catch their breath and get ready.
However, desperation will lead to a US
massive assault on South America eventually
unless their financial bankruptcy intervenes first. Or, unless, the
US
working class takes power at home. Or, at the very least until a new, yet to be
formed, progressive alliance in the Gringo Regime finds itself able to act
definitively to stop once and forever more gringo invasions of Latin America for
any reason whatsoever! This is possible and we must pursue every opportunity to
educate the North American people about the truth of Cuban and Venezuelan
socialism. Lifting this burden from the shoulders of the American people North
and South would be a tremendous achievement!
(22) Getting ready for
Latin America means
(A) Getting rid of the rightist
agitators and organizers on university campuses; also, as a corollary to this,
restricting US Embassy personnel in their movements in imperialism’s target
countries and also expelling these Embassy front organizations in these target
countries, denying legal status to those taking their funds.
Shutting down these fascist student
circles should be number one on the proletarian police target list. You know
what to do. Do what they have always done to us and permanently remove the
ringleaders – disband the members to prison, work camps,
Miami.
(B) Cleanse unions of their mafia
components in the same way;
(C) Deploy ALBA air arms to secret
SAM protected air-strips the moment Paul Revere rides. “Stealth” technology the
gringos use is not effective against satellite recon so they always fly at night
and, according to Mr. Putin, never effective against modern long-range Russian
SAM’s! We are about to find out.
Iran has installed them to protect its nuclear
installations against US supplied Israeli stealth technology
(D) Stepping up the popular
revolution at home winning new and larger numbers of people to our side,
especially the newly empowered would-be small proprietor farmers. – And with
regard to Latin American farmers, as you will learn in this book, these are
historically the same kind of capitalist farmers who traditionally have provided
the cannon fodder for armed struggle against Reactionary regimes, as farmers did
in the English Civil War, the North American Revolutionary War, the French
Revolutionary Wars, the Russian Civil War (with its five million man Bolshevik
Red Army almost all of whom were at the end, would be, small capitalist
farmers); the Chinese Peoples Liberation Army; the Cuban Army (see Chapters 12,
13 and 14 in this book.) In the process it is important to destroy the
latifundistas and their underlings as classes.
(E) Continuing the massive
investment in industrialization of the ALBA nations to provide the now essential
industrial base for combating gringo imperialism.
(F) Stepping up the pace of
trans-Continental transportation system construction (rivers, rail, and road) to
support economic and, now as importantly, military integration of the South
American continent.
(G) Introducing military
conscription for all citizens as part of building up the people’s armies in the
ALBA nations, which we will need not only against imperialism but against
counter-revolutionary forces at home.
These are relatively simple
steps to take in the preparation for imperialist death-throe attacks on the ALBA
countries. Relatively simple, at least, compared to the problems now confronting
the Empire.
The Empire is highly dangerous
still, given its offshore Carrier Death Stars. However, the Rebel Alliance of
ALBA nations is also powerful and as in “Star Wars” can definitely prevail!