It wasn’t easy typing the title of my latest post. It was actually painful. It may appear to the layman that Osama bin Laden is hiding in a cave in Pakistan or Afghanistan and that his plan’s were ruined with the American liberation of Afghanistan. I’m sorry to report though that his plan is not to blow up America. But to bankrupt it.
“We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah,” bin Laden said in a speeched transcribed by Al-Jazeera in November of 2004. For Bin Laden’s main goal is to bankrupt America and by bankrupting America he will in essence cut off the main financial backer and supporter of Israel. On average Israel receives about $3billion U.S. every year.
As America runs up huge deficits and continues to add to the National Debt it becomes very apparent that the day will come to pay the piper. When that day does come there will be huge cuts to America’s domestic and foreign budget. Make no mistake that the spending and failure to secure America’s economic future will be the biggest mistake in the history of the world. How can the richest country ever find itself in such a predictament? Easy. Guns and butter. Throughout history we have seen that countries must choose between “guns” which is the military and “butter” which is the domestic policy. By fighting 2 wars in the past decade and failing to properly fund them with domestic cuts or a tax increases the powers that be have borrowed immense amounts of capital to fight Saddam Hussein, Bin Laden and Al-Qaeda. Throughout history every empire has seen their decline when the debt they owe starts to eat up immense percentages of their GDP. America is not there yet. But it will be.
America continues to spend money on a much bigger scale on security after 9/11, add in some tax cuts, 2 wars, and possibly a Carbon tax. And then add in universal health care and you can see where America is heading financially. Meanwhile in a cave sits Bin Laden watching and waiting. Waiting for the day when America trims it’s aid to Israel. Then cuts it’s aid to Israel. Then completely stops all massive foreign aid payments to Israel and other countries in need. Eventually all that foreign aid will have to go towards debt payments. Once that occurs then the message will be loud and clear. America cannot support itself let alone foreign allies. The PaxAmericana (American Peace) is over. Then the jackals who have been held at bay will come out of the woodwork. All America’s old friends will be on their own. Especially Israel. And that’s just the way Bin Laden planned it.
Visit the U.S. National Debt Clock