The Fall of the United States
Program #VIDG003. Recorded in Los Angeles, CA on July 22, 2008.
At the end of WWII, the U.S. emerged as a global power with unprecedented wealth and advantages. Most of that has been squandered. We’ve gone from number one creditor nation to number one debtor. As its vast military machine straddles the globe, at home, things fall apart. The mortgage giants, Fannie Mae and Freddie Mac, need a massive taxpayer bailout. Same too for Wall Street banks. Even New York Times columnist Thomas Friedman, a champion of U.S. dominance and empire, mentions the word “decline” and U.S. in the same sentence and points to problems “in infrastructure, basic research and education.” Curious that he doesn’t mention the huge Pentagon budget, hundreds of bases, and the permanent war economy as factors contributing to the decline. The signs of decay are everywhere but Washington politicians from both parties largely avoid talking about it. Imperial fantasies and mendacities continue.
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