it's not getting any better

Weaseldog's Lair | We are still continuing down Argentina's path. I know I keep harping on this, but it scares the hell out of me. As Obama has argued, "This isn't a rowboat, it's a big ship and big ships are hard to turn around." And so, the administration is not even going to try to turn it around. They are simply shoveling the coal faster, and holding course, with a major landmass in the way. It reminds me of that joke with the ship captain and a radio operator, arguing about who should change course to avoid a collision. The captain doesn't realize he's arguing with a lighthouse keeper.

Before Argentina really went down the drain, the IMF took complete control over the nation through it's Austerity Program. There is lot's of good info on the net about what this program means and what it does. But under the program, the bankers take control over a nation's economic policies. The government is then directed by appointees from the IMF. This is the prelude to looting and pillaging the country. Under the Austerity Program, a nation must give away 30% of it's revenue to the bankers.

After this step, you'll find that the press continues to report that the government is doing awful deeds, but it's the IMF representatives that run the government's financial branches, that are setting up the policies and taking a share of the lucre. the politicians are all bought and paid for. Those that resist are killed, or their family members and friends are kidnapped and killed. Opposition to death squads, is typically short lived. No pun intended...

Here in the USA, we are implementing the same program, except that the IMF isn't forcing it on us. Our politicians are being bribed to follow the script, and they are doing so happily. Obama from all appearances is happy to go along with it. He is leading us into a financial hell, and a New Great Depression.

I've posted such arguments on other forums, and folks that haven't done any research into Argentina, Venezuela or the IMF in general, have nitpicked my arguments around the edges. So far though, I haven't read an argument that really addresses the meat of the issue.

1. The same bankers in charge of Argentina's finances are running the finances of the USA.
2. The politicians in both countries are almost completely corrupted and in the pockets of the banking system.
3. Neither nation is demonstrating any consideration in changing their policies.
4. The financial policies of both nations are converging.
5. Argentina is thoroughly screwed. If we continue to do what they did, we will meet the same fate.

It only took a few years for Argentina to devolve completely into a financial nightmare. Obama is retrenching his position and sticking to the same plan that got us here. There is no indication that he intends to ever change course. This ship is not turning. Let the reef and rocks change course. We will not. We will persevere and make the hard choice, to ram the land mass at full steam.