Tuesday, March 3, 2009
Former National Security Advisor, has warned that the US could witness riots if economy continues its downward spiral.
Zbigniew Brzezinski, a former national security advisor, has warned that the US could witness riots if economy continues its downward spiral.
“There’s going to be growing conflict between the classes and if people are unemployed and really hurting, hell, there could be even riots!” said Brzezinski, President Jimmy Carter’s national security advisor, in a recent interview with NBC.
“In 1907, when we had a massive banking crisis, when banks were beginning to collapse, there were going to be riots in the streets,” he added.
At least 3.6 million jobs have been wiped out throughout the US since the recession began in December 2007. The jobless rate officially reached a 16-year high of 7.6% (11.6 million people) last month.
Earlier this week, a new Federal Reserve report said that US unemployment could increase to 8.8%, causing the economy to contract for a full calendar year for the first time since 1991, when a contraction of 0.2% was registered.
See Also: 2009 Prediction of Riots and Unrest:
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“Where is the moneyed class today? Why aren’t they doing something: the people who made billions, millions. I’m sort of thinking of Paulson, of Rubin [former treasury secretaries]. Why don’t they get together, and why don’t they organize a national solidarity fund in which they call on all of those who made these extraordinary amounts of money to kick some back?” he argued.
“I was worrying about it because we’re going to have millions and millions of unemployed, people really facing dire straits. And we’re going to be having that for some period of time before things hopefully improve,” said Brzezinski.
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All of the sudden Brezinski is a loving humanitarian who thinks the elite should give money back to people? Spare me the knight in shining armor routine. It sounds to me like a total implosion has thrown a little wrench into his new world order plans.
ReplyDeleteBrezinski is likely upset that having put Russia on the ropes with the Afghan/Russian war he organized, Russia is slowly reclaiming its former sphere of influence and the U.S. is too weakened and broke to finish the job. Karma's a bitch! Ain't she?
ReplyDeleteYou haven't a clue what you're talking about.
ReplyDeleteRussia is finished and will soon partition yet again.
The country will never emerge as it once was. Those days are over.
The only continent that will have a "sphere of influence" as you put it, is Asia.
No surprise there. Every other country (US, UK, Western/Eastern Europe) are all fundamentally broken.
Broken because they have 600 trillion is derivatives hanging over their heads.
When this shoe drops (as a direct result of the most egregious and pervasive fraud man kind has ever seen), those aforementioned countries underneath will be crushed!
This is a fact.
As empires dating back to the pharaohs, romans, nazis, etc. Each empire "exploded" from within, almost 100%, it stemmed from the highest levels of human decadence and unmatched greed.
So enters a financial "cleansing" which by default impedes any return to former power/glory IF they can even get up in the first place.
Call it "karma", call it fate, call it whatever you want, but we answer to a higher being whether you believe in one or not, and as the saying, the pied piper must be paid for this and pay we will, as taxpayers, with blood.
Don't get me wrong, I am the first to prey for a safe and healthy return of the free capital market system we love this country for, but I am also a realist.
And as a realist, we should look to the past for a moment and think about some albeit semantics- We have been a superpower arguably since the end of the 1800's.
So in essence, we spent a century at the top. A changing of guard after such a significant period is not out of the scope of reality with the competitive nature of the human spirit no matter where you live.
Unfortunately, and in summation, we are not as resiliant as we think, just the same arrogant, greedy, short-cutting, free market, americans we are pegged to be worldwide.
At least the rest of the world "guzzled" from the same "spiked" punch bowl this time around donning the "well if go down, we're bringin' everyone with us" attitude.
Till next time...
-Gold Standard