No, this is not beef or pork or chicken or turkey; it is a
thing called Tom Cotton. Apparently, he is a human senator representing an
American state in the upper chamber of the federal legislature called the senate.
This guy is doing his part to kill America
economically the way that food poisoning kills unwary guests at a reception.
This is why the metaphor of Tom Cotton being a pile of rotting meat fits him
exactly right. In fact, his latest action is that he “moved to block
confirmation of a nominee for an important post at the Department of Treasury.”
He could not have chosen a deadlier way to attack the American economy.
The quote above is from an article that came under the
title: “Cotton Puts His Foot Down on Iran Deal,” written by Lee Smith and
published on April 21, 2016 in the Weekly Standard. The article also offers a
link to a video clip that shows Cotton on the floor of the US Senate proposing
the blockage.
To understand how activities like those of Tom Cotton and
his ilk have the potential to add up and form the critical mass that will
implode the American economy, we need to understand a few things about America 's
economic situation in the world today.
There was a time when the global production of goods and
services (known as wealth) was small compared to the value of the precious
metals – mostly gold but also silver – that were mined and traded, or were kept
in bank vaults. For this reason, the fiat money that was printed to represent
the wealth of a nation could be backed by gold. For example, the American
dollar was said to be as good as gold because the Treasury kept enough gold in
storage to exchange the paper currency for gold at a fixed rate to anyone that
demanded it.
But then, the Industrial Revolution developed past the steam
engine and started to use other forms of energy conversions such as internal
combustion and electricity. Now, instead of producing goods – from perishables
such as food, to durables such as building materials – exerting 100 watts an
hour of human energy or 750 of animal energy, machines were used to mass
produce those goods expending thousands of watts an hour of mechanical and
electrical energies.
This meant that the machines were now producing hundreds of
times more goods than ever before for every consumer on Earth at a time when
the population was increasing exponentially. That situation created the need
for an increase in services such as education and healthcare – all of which
ballooned the size of the economies. But while the amount of goods and services
produced globally was exploding in size, the amount of precious metals that was
mined remained fixed, even began to diminish in some places.
The result has been that the price of the precious metals
went up, but that was not enough to cover the amount of money that was printed
to reflect the size of the goods and services now produced. This made it so
that the currency could no longer be backed by gold. In turn, this made it
imperative to link the strength of a currency in each jurisdiction to the
health of the economy that is underlying it, and to the amount of foreign
currencies that the central bank can accumulate.
This is where the vulnerabilities of the American economy
become apparent. First of all, because of history, the American dollar became
the currency that everyone trusted. This meant that in international commerce,
the dollar became the currency with which every seller wanted to be paid. The
dollar thus became the reserve currency for all nations.
As trade grew globally, new international financial
institutions were set-up to act as clearing houses and facilitate that growth.
Because the dollar occupied a preferred position, the American financial
institutions came to dominate their international sisters. The result has been
the creation of a virtual central bank for the world. Call it a “Cloud Central
Bank” that considers the economies of all the jurisdictions to be a single
global economy. And it is this worldwide virtual economy, not the American economy
that underlies and backs the value of the US dollar at this point in time.
This development gave America unprecedented powers, but
like the saying goes: Power corrupts, and absolute power corrupts absolutely.
Unfortunately, America
got corrupted. Even before Tom Cotton was born, America had started to abuse its
newly found influence around the globe. Urged by local ideologues and by Jewish
fanatics, America was
putting the squeeze on countries like Cuba ,
the Soviet Union, Egypt , the
nations of Latin America and others in an effort to force these countries to
bend to the will of America 's
ideologues and to Jewish fanatics.
This prompted the nations of the world – including America 's
allies – to look for alternatives to those institutions and to the dominance of
the American dollar. China
has made a great deal of progress in this regard, pulling other nations around
its vision for a new world order. The day will come when the American economy
will be considered the only valuable that's underlying and backing the US dollar.
Given that it is a fifth the size of the world economy and getting smaller in
relative terms, you can imagine what will happen to the dollar.
Add to this what Tom Cotton and his likes are doing, and
you'll realize they are causing more damage to America
in one day than China
could in a year. Indeed, every time a senator blocks a nomination to have
something done the Jewish way, the world regards him as another American
adolescent holding the gun to his mother's head so as to force his father to
give his Jewish buddy what he wants.