'Fight Smart' Update - 29 Jan 2002

Don't Take the Bait - Fight Smart
ANIMATED PHOTO ESSAY - CLICK HERE
Who is the enemy?

State of 'Fragile' America

Why America is selling the world GMOs and War
www.btinternet.com/~nlpwessex/Documents/USDebt.htm

The Outstanding US Public Debt as of 27 Jan 2002 at 05:18:21 PM GMT was:

$6 Trillion

"If the balance of trade does not improve, there is a danger that over a period of time the United States will find itself in a 'debt trap' with an accelerating deterioration both in its net foreign asset position and in its overall current balance of payments (as net income paid abroad starts to explode). Such a trap would call imperatively for corrective action if it is not at some stage to unravel chaotically."
Jerome Levy Economics Institute 2000

“It is imperative that people know that world oil production will peak within the next five years, never to be exceeded again. This, at a time when world population is rapidly increasing and demand, especially in China, the Far East and the developing world, is soaring. This is the reason for the wars that will not end in our lifetimes."
Michael Ruppert, Toronto University, 20 January 2002

"It's enlightening to note that all countries or regions which happen to be an impediment to Pipelineistan routes towards the West have been subjected either to a direct interference or to all-out war: Chechnya, Georgia, Kurdistan, Yugoslavia and Macedonia."
Asia Times Online, 25 Jan 2002

29 January 2002

The article extracts below focus on the US government's 'grab for oil' as part of its increasingly hazardous debt-laden financial situation. Specifically it points out that 'whilst America maintains a huge export business in agriculture, most manufacturing has gone overseas'.

If the analysis provided is correct, then are both the current 'grab for oil' (intimately linked to US foreign policy and the 'war against terrorism'), and the relentless efforts to rescue US agricultural exports (through the ruthless imposition of GMOs on the citizens and governments of other countries who don't want them) particular symptoms of a much deeper problem of a once great country now facing financial trauma?

It is also worth remembering that despite its generally weakened manufacturing position the US remains the world's biggest exporter of arms, an international market now being 'conveniently' re-ignited after the end of the cold war through the new 'war against terrorism'.

Although opinions vary as to how serious America's financial situation is, there doesn't seem much doubt that it is 'fragile'.

Total US national debt is in fact far greater than the $6 trillion often referred to at the federal governmental level. Once debt at the state and local government levels are added, along with debt carried by households, businesses, and the financial sector, some calculate the total US national debt hits $30 trillion - or over $100,000 for every man, woman, and child. Half this debt was created in the 1990s, and even this sum does not include un-funded 'contingent' federal government debt estimated at a further $17 trillion (see: 'America's Total Debt Report' at http://mwhodges.home.att.net/nat-debt/debt-nat.htm ).

Time to call Anderson and Co, Mr President?  Do you suppose they'd advise investing in an alternative-energy economy as part of a 'thinking outside the box' strategy? Or have they Enrun out of ideas?

What exactly is the 'State of the Union' in America anyway?. Don't mention it Mr President, just mention the war.

Oil, economics and war? It's time to break the connection.

NATURAL LAW PARTY WESSEX
nlpwessex@bigfoot.com
www.btinternet.com/~nlpwessex

Is bogus 'War Against Terrorism' a response to growing US debt mountain?

'Red, White and Blue Storm Rising'

Full article at
http://www.whatreallyhappened.com/ifiwere2.html

"....It is no secret that the United States is in and has been in serious financial trouble for decades. The total governmental debt of the United States is estimated at $17 trillion (with a "T"). The interest alone on the federal portion of the National Debt now exceeds the entire personal income tax collected from every tax payer in the nation....While America maintains a huge export business in agriculture, most manufacturing has gone overseas....The trend is obvious; unless there is a radical change to the cash flow across the border, the US government is staring at total economic collapse.... To put it simply, American control of the world's remaining major oil resources, both the middle east and Central Asia, would bail the US government out of its financial woes as nothing else can. Indeed there appear to be no other options open. It's 'grab the oil' or collapse under the accumulated debt of decades of 'wishful spending' by the government....There are clear indications that such a planned grab for the oil of Central Asia lies at the heart of current US foreign policy. Three years ago Congress discussed removing the government of Afghanistan to make way for an oil pipeline. Kosovo was also sitting along a desired pipeline route into the wealth lying under the Caspian Sea....."

Full article at
http://www.whatreallyhappened.com/ifiwere2.html

Senator KERRY 'An Alternative Vision for American Energy'

"The CPC [Caspian Pipeline Consortium] project also advances my Administrations National Energy Policy by developing a network of multiple Caspian pipelines ....... These projects will help diversify U.S. energy supply and enhance our energy security, while supporting global economic growth."
George Bush, White House Press Release, 28 Nov 2001
http://www.whitehouse.gov/news/releases/2001/11/20011128-11.html

"Crook-infested Enron - the biggest donor to the Bush campaign of 2000 - was ubiquitious: it conducted the feasibility study for the $2.5 billion trans-Caspian pipeline being built under a joint venture signed almost three years ago between Turkmenistan and Bechtel and General Electric. The go-between in the deal was none other than the Mehrav Group. Chairman Maiman spent a fortune hiring the Washington lobbying firm Cassidy and Associates to seduce official Washington with the trans-Caspian pipeline project."
Asia Times Online, 26 Jan 2002

Cheney Says Won't Turn Over List of Energy Meetings  

"Most Americans believe that the White House is lying about its involvement with Enron, according to an opinion poll by The New York Times and CBS. It found that 58 per cent of respondents believed the White House was hiding something. Only 17 per cent believe the Administration is telling the whole truth."
London Times, 28 January 2002 

Jerome Levy Economics Institute Analysis of US Trade Deficit 2000
"The current account deficit has generated a large and growing debt owed by the United States to foreigners, which some people prefer to call the United States's negative net asset position (NNAP). As Chart 2 shows, the NNAP reached about -17 percent of GDP in the middle of 1999. With the current account deficit running at nearly 4 percent of GDP and a further rise in stock prices, the NNAP will probably reach -20 percent of GDP by the end of this year."

U.S. balance of payments shows record red ink' - March 2000 report
"...the United States has to borrow from other countries to finance its current account deficit.... According to EPI estimates, the U.S. net international debt will reach $ 1 .9 trillion by the end of 2000 and $3.8 trillion by the end of 2005, resulting in annual net interest outflows of about $86 billion this year and $166 billion by 2005, if present trends continue. These rising debts and interest outflows portend possible problems for the U.S. economy in the form of a future dollar crisis or economic recession if foreign investors decide that it is too risky to keep lending the United States the amounts needed to finance its present level of current account deficits..."

US NATIONAL PUBLIC DEBT CLOCK - CLICK HERE
"The Outstanding [US] Public Debt as of 27 Jan 2002 at 05:18:21 PM GMT was:

The estimated population of the United States is 286,122,824 so each citizen's share of this debt is $20,731.41. The National Debt has continued to increase an average of $1,026 million per day since September 28, 2001!
Concerned? Then tell Congress and the White House!.."

America's Total [$30 Trillion] Debt Report - click here

FAQ's on US national debt - click here
U.S. International Trade in Goods and Services
Trade Balance chart Nov 99 - Nov 01
US Bureau of Economic Analysis Trade Figures - Press Release Jan 2002
US NATIONAL DEBT GROWTH 1940 - 2000: CHART (adjusted for inflation)

2002 Pentagon Budget Would Be Record
"Bush has proposed spending $38 billion more on defense next year, plus a $10 billion 'war reserve' fund to be tapped for active military operations overseas. That would increase the Defense Department's budget to $379 billion for the fiscal year beginning Oct. 1. By comparison, Britain spent $34.8 billion on its military in 2001, according to the London-based International Institute for Security Studies. Britain had the second-largest military budget in the world last year, the institute said in an October 2001 report."
Associated Press 26 January 2002

"[Osama bin Laden] is only a card in the game played by the United States and of which it has convinced the world to justify intervention in Afghanistan. If the United States had wanted to arrest bin Laden, they could have done so easily without taking the trouble to launch this fanciful war ... they could have caught him long ago."
Mohammad al-Oteibi, the former Saudi ambassador to Kabul, Sidney Morning Herald, 21 Jan 2001

NLPWessex War on Terrorism Archives - click here

NATURAL LAW PARTY WESSEX
nlpwessex@bigfoot.com
www.btinternet.com/~nlpwessex

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