Track For U.S. Collapse
By Michael S. Rozeff
and Cheney are steering the U.S. into a collapse. Only strong public
voices by influential people can prevent the coming disaster. We desperately
need for men and women who are known to the public and have credibility
to speak up in the critical period ahead to avoid catastrophe.
A few weeks ago, Israel bombed
a alleged nuclear facility in Syria. This is a warm-up for an attack
In the last few days, the
U.S. unilaterally tightened sanctions on Iran. Russia and China do not
support this move.
A week ago Bush warned Iran
that its attainment of nuclear arms would lead to World War III.
Russia, which has been assisting Iran in its nuclear construction program
for decades, regards Western military action against Iran as unacceptable.
China has been arming Iran
with missiles. Its relations with Iran have been improving for years.
We know that Bush and Cheney are capable of pre-emptive attack. We know
that Bush will act if he believes he is right no matter what the costs
are. In his distorted worldview, Iran with nuclear weapons is a scenario
worth any cost to avoid.
We know that Bush, Cheney,
and Rice have repeatedly warned Iran of meaningful consequences if Iran
arms itself with nuclear weapons. We know that their terms in office
end in 15 months. These are the critical months.
But it is by no means clear
that the front-running candidates for office who may replace them hold
substantially different views. Hillary Clinton has publicly called for
sanctions against Iran and has called Iran a threat to Israel.
Why may an unprovoked attack
on Iran lead to WWIII and why may it lead to the collapse of the U.S.?
Imagine this scenario. The
U.S. encourages Israel to bomb the Natanz nuclear facility in Iran.
Russia attempts to restrain an Iranian response but fails. Iran responds
in any of many ways, such as launching missiles on Israel, firing on
shipping in the Straits of Hormuz, mining the Straits of Hormuz, sending
troops into Iraq, or allying its military with Hezbollah and attacking
Israel from Lebanon.
The U.S., citing Iran’s
aggressions (that will be the story), launches a full-scale attack on
Iran designed to devastate the country. This attack has actually been
planned by the U.S. for years. Syria is unable to maintain neutrality
and quickly becomes a battleground between Iran and Israel.
The price of oil by this
point has already soared to $200 a barrel. The U.S. begins to use its
strategic reserve and to divert Iraqi production. Russia responds by
taking steps to prevent its oil production from reaching the U.S. China
responds by cutting off its support of the U.S. Treasury market. Venezuela
halts oil shipments to the U.S. The first stages of WWIII are economic
warfare designed to cripple the U.S. and halt its war-making capacity.
The U.S., unable to finance
its deficits and fund its sovereign debt, is forced into raising interest
rates drastically in order to borrow. The Fed is forced to print money.
An inflationary spiral occurs. Meanwhile the high interest rates and
high oil prices, not to mention the shock of a spreading conflict, drive
the U.S. economy into severe decline. The U.S. attempts to raise taxes
in order to fund itself, further crippling the economy. Gold soars to
$1,500–$2,000 an ounce.
The U.S. attempts to bolster
its military forces. The draft is reinstated. The severity of the emergency
allows Bush and Cheney to assume emergency powers and begin a dictatorship.
Elections are postponed.
The U.S. collapses.
Unfortunately, even if this
scenario does not occur, the position of the U.S. is so precarious that
any number of other scenarios equally disastrous lie in wait. This house
needs urgently to be put in order or it will fall, and especially if
it does not terminate its imperial adventures. The very fact that Bush
and Cheney (or any major U.S. political officials) gain by starting
WWIII is a terrible indictment of our entire political system.
Who can stop this? Who can
prevent this? It will only take a few well-placed people to prevent
this catastrophe. My guess is 5–20 people could sway public opinion
against war or provide enough cover for Congressional dissenters to
screw up their courage. Maybe even as few as 3 or 4 influential people
could derail the Bush-Cheney train to disaster. They need to speak out
at the right times and they must be heard. Previously mute or muted
voices simply must speak out. They know who they are. They know that
their silence will mean silent approval of a U.S. collapse.
Michael S. Rozeff is a retired Professor of Finance
living in East Amherst, New York.
Copyright © 2007 LewRockwell.com
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