Gone With the Wind
In Gone With the Wind, there’s a classic scene that says everything we need to say about our foreign policy, specifically about our foreign debt.
Rhett Butler is about to be hanged. He is playing cards with the guy who is going to hang him. Rhett Butlet loses an awful lot of money, and he says something along the lines of, “Boy, sheriff, you really got me beat. I owe you six thousand dollars. Don’t worry, I’m good for it.”
I don’t have to say anything else. Do you get it? Do you see how it relates to U.S. foreign policy?
As long as we maintain a giant foreign debt, especially to our rivals, it is in their best interests to make sure we do not fail.
Think about it. If you’re China, and you’ve loaned the U.S. hundreds of billions (or trillions) of dollars, and the U.S. is paying you big, fat interest checks each year, do you really want anything bad to happen to the U.S., or the U.S. economy? Do you want to hang Rhett Butler? If you do, he’s not going to pay you those $6,000, is he?
Let’s talk about foreign oil. Who is buying up Iran’s oil? Do you think they really want us to fail? Do you think they really want our empire to end? No. If our empire ends, so does their revenue source. Why do you think Saudi Arabia left OPEC?
Self interest, and by extension greed, is the simplest motive behind any action.
To all you simpletons who are screaming about the U.S. national debt and foreign oil, I pity how short sighted you are. I pity how incapable you are of seeing what’s really going on behind the scenes. We are buying our security with a big national debt. We are hurting the people who irritate us by letting the dollar slip. If you think a weak dollar hurts us more than it hurts the countries from whom we buy goods (like oil from the Middle East or Cupie dolls from China), you’re a fool.
This talk about going green and “freeing ourselves from foreign oil” is a shot across the bow. It’s the obvious response to the sabre rattling going on by Achmedenijad. Oh, so you want to wipe Israel off the map, do you? Well, we want to drive wind cars. Kiss your oil revenue goodbye, jack ass. We are using this “energy independence” bullshit to counter Iran’s nuclear threat. They can’t sustain their country without oil revenue, and we are threatening to cut if off.
I swear, sometimes it pains me how stupid most people are. The foreign debt is not a bad thing. It is a calculated, strategic move to secure the United States. We are putting our welfare and continued economic success in the interests of our lenders, which is the rest of the world. We are now too big to fail. If we pay off our debt to these lenders, they no longer care if we disappear off the map except that we still buy their shit. You might ask why a country like China would willingly put themselves into this situation – where they basically have to do everything they can to make sure we continue to thrive so they make their billions on interest – and the answer is simple. We made them an offer they can’t refuse. All we have to do is put a tariff on Chinese imports and their entire country goes bankrupt. Their economic growth is largely dependent on our import consumption – and that is true for a large number of countries, including Europe.
Foreign policy is so easy and so obvious yet so many people struggle with these basic ideas and scream about “trillion dollar deficits!!11!” like it’s bad. Since most people are stupid, politicians play to their stupidity. Rather than try to explain complex concepts like I’ve described, they just pretend like national debt is bad, and moronic voters lap it up. On one hand they’re right – debt is expensive. It’s really tough to finance sweeping socialist programs like nationalized healthcare when we’re paying $250b annually to keep all of our lenders’ collective nuts in vices. But since every sweeping socialist program ever instituted in the U.S. has failed miserably and the foreign debt game has and will continue to work, which are you going to bet on?