"here America is being seen as the wimps of the world,"

[donsu]

http://www.atimes.com/atimes/Global_Economy/JB13Dj04.html



Physician heal thyself


Deep in the middle of another US Presidential campaign, and the air is muddy thick with the pieties and promises of politics. Since it is self-evident that the blood of the D-Day heroes who scaled the cliffs at Pointe du Hoc still flows freely through all 300 million current-day Americans, the country’s politicians are well justified in promising the voters the absolute maximum amount of focus-group-vetted government services to be paid for with the absolute minimum of taxes.

-snip-

To sum up these views, here America is being seen as the wimps of the world, like little boys hiding under a pediatrician's desk so as to not to have to suffer an inoculation shot.

Who says the American government is dysfunctional? You certainly wouldn’t believe it from witnessing the alacrity that the US Congress moved with in order to give US$168 billion of the people’s money to the people, otherwise known as the "stimulus package".

-snip-

From the traveling annual bacchanals of bucks sponsored by the World Bank, the International Monetary Fund (IMF) , and the Bank for International Settlements (BIS), to the annual winter carnival of cash of the World Economic Forum at Davos, Switzerland, the "global imbalances" that raise so much concern centered around the huge budget, trade and, especially, the massive current account deficits of the United States.

-snip-

First off, Americans must spend less. How can this be accomplished? Probably not through more Sunday morning sermons evangelizing the world of God over that of Mammon; Americans live in the most religion-saturated society on earth, but as soon as they rise blessed from the pews its off to the malls, bibles put down, Sunday sales circulars taken up.

-snip-

Well, American Protestant fundamentalists consider their country to be uniquely blessed and chosen by God, a gleaming city on a hill, a shining light onto all the nations. Good deal, if you never have any intention of paying the light bill.
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what the world should take note of is that the neo cons want the value of the dollar to fall. they have planned for the devaluation of the dollar to happen.

[Jane Austin]

1. Asia Times seems to have some very thorough articles.

I need to read this one again, but thanks for bringing it over.