Over a hundred years ago a phrase came into our lexicon. It was called 'Gunboat Diplomacy,' and it was a phrase dedicated to the use of naval forces to effect decisions or change in favor of the nations who used it. It might possibly have best been used by Teddy Roosevelt when he sent the Great White Fleet around the world to prove that there was muscle behind the words of his foreign policy. We need to see a return to this form of intentful communication among nations. Maybe not all nations, but definitely a few. I am not writing about Iraq or Afghanistan here, or even Iran or North Korea. I a writing about gunboat diplomacy to effect the surrender of hidden asset and deposit information. So my ideas for the new form of gunboat diplomacy would be effected against such places as Lictenstein, the Channel Islands and even countries running up and down the Carribean. Throw in Switzerland. Nobody has threatened Switzerland (militarily) in quite some time.
We need to recover the lost assets of this nation. The liquidity which has been purloined from our banks, insurance companies and even top manufacturing companies. Financial instruments, devices and shadow accounts have been used to hustle many many trillions of dollars to these offshore havens. We need the money back. But before we can even consider getting it back we need to know about it. You read this blog and your belief level is low. I have no account data, institutional names, or even real suspects. All I know is that we are missing about three hundred trillion dollars and that that money has been drawn down from our financial institutions and companies over the past twenty years. Where did it all go? What is it doing now? What form is it in? If it is not in an account then where was it transferred? Who are the people who took the money? Where are they living now?
And so we come to gunboat diplomacy. We have this one thing going for us which we ought to seriously consider. We are the pre-eminent military power on this earth. I mean, however, only if the very people who are running the country and in charge of our military are not heavily involved (if they are, then we are simply screwed). We can get the information we need to find the answers to those questions if we use gunboat diplomacy. It probably won't even involve the loss of many lives (we lost forty troops in Afghanistan this month, so far, alone!). All we have to do is aim our cruise missles, and maybe even some of the bigger stuff. We call a bank in the Channel Islands and tell them that we want all their records. That our people will be there in 24 hrs to audit the institution. If they say they can't, or won't, do that then we send a cruise missile and blow the bank off the face of the earth. Then we call the next bank. Somewhere, as we proceed through our list of banks out there, we are going to begin to get compliance. If the countries behind these financial holding banks and companies protest, we simply offer them the same deal, or go to war. We have not gone to war for any of the right reasons for the last fifty years. We will have a good reason to go to war if we are denied the privileges of having this secret information on our own citizens. A much better one than we used for Vietnam, Iraq or even Afghanistan. We will be going to war to save our culture. To save our way of life. To save our children and their children to come.
Why won't we do it? Most probably, I mean. Well, why do we still have PayDay loan places located in 35 states? They are allowed to charge unlimited interest from the poor people who use them. Some charge five hundred percent a year or more! They lie to the people borrowing the money, of course. How could this be? How could we, as a purportedly free country, allow this sort of horrid death-dealing unfairness to go on? We do though. I imagine we will not pursue these outrageous robber barons who have stolen the country blind either. And for the same reason. The people who did this are the same people as the ones who own the PayDay loan places. They are evil bastards, and they have a lot of power within the political structure of the United States. Credit card companies are fully involved, as well. How can they possibly get away with the outrages they pull? They deliberately hold bills until the payment is late. Then they charge late fees on the bill, and change the interest rate of the card holder from twenty per cent a year to thirty or more! The other credit card companies hear about this 'default increase' and increase their rates too!! How can this happen in a purportedly fair country?
So, I don't think we will be using gunboat diplomacy to fix this mess. Unfortunately, for you and I, that means there is only one other way out. If we can't or won't get that money back, then the U.S. currency has to eventually go down. Yeah, that's right, the dollar goes away to be replaced by some other instrument. The new money is issued and then a conversion factor is used to convert old dollars to the new. When people convert to the new currency they have to reveal where they got the money they are converting. That fixes the problem (unless those people are not asked!). But that is a mighty painful way to solve the mess. If we don't do that then the rest of the world is going to create a 'World Dollar,' which we will have no control over and will have to convert to, as well, in order to do any international business. No more printing money to get ourselves out of trouble. But no more secret stashing offshore either. This kind of trouble is right around the corner. The 'bail-outs' are not working. They are not nearly big enough. We don't have enough money to make the bail-outs big enough. We can't even print enough money to fix the problem (what do you suppose printing a couple of hundred trillion dollars would do to the world economies?).
I like the gunboat diplomacy solution, however. It has some real justice, with teeth, at its foundation. Like the United States of old.
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