(Shout an order, if you like!)AGAINST THE FINANCIAL TERROR
Thousands of angry citizens have clashed with the police over a death of a 15-year-old girl (allegedly murdered by a son of a local government official) in a local town of China.
http://www.asianews.it/index.php?l=en&art=12633&geo=6&size=A
Oil producing Arab countries, like Saudi Arabia and Kuwait, have never set the ceiling for oil prices they sell to consumers in the U.S. and other industrialized countries that saved them so many times from Saddam Hussein's Iraq and other insurgents.
Mr. McCain should travel to China and the Middle East but not to Mexico like American drivers for cheaper gasoline.
SECTION I: FINANCIAL TERROR (CHINA)
The term "financial terror" might have been first used in 1990’s among experts concerned on both the sides, Japan and the U.S.
It was an era when Japanese financial power threatened super-rich men in the United States.
Accordingly then, the Clinton Administration launched the Money War on Japan, mobilizing every political and intelligence means.
In doing so, they missed the growing danger and its implication of Islamic terror targeting the U.S., which actually resulted in the 9/11 Terror.
But, recently, the term has been started to apply to the China-US economic relationship.
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China And The United States And The Balance Of Financial Terror
Posted by Dan on January 13, 2008 at 03:36 AM
…Thesis is that China has essentially been subsidizing the United States for a long time and the key questions are whether this will continue, for how long, and what mind end it. Conclusion seems to be that it will continue because it is in the best interests of both China and the United States, but some major event might trigger its end.
According to the article, the Chinese government has, for the most part, chosen to save/invest its money to promote growth at the expense of consumer well being. I do not think this assumption can be disputed…
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There were some 87,000 rural [violent] protests in 2005 and the best way to reduce that number is jobs. Countless university graduates are without jobs or underemployed. The Chinese government must keep up its growth machine to create jobs for these people…
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Fallows' goes on to note how the "Chinese public is beginning to be aware that its government is sitting on a lot of money—money not being spent to help China directly" and "Chinese bloggers and press commentators have begun making a connection between the billions of dollars the country is sending away and the domestic needs the country has not addressed." Nonetheless, the "balance of financial terror" between China and the United States, likely means little will change until something changes…
http://www.chinalawblog.com/2008/01/china_and_the_united_states_an.html
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Anyway, you should refer to the following figure again, which I once posted as an evidence of Japan's contribution to stabilizing the US economy as well as the prices of US Treasury bonds.
http://www.ustreas.gov/tic/mfh.txt
SECTION II: FINANCIAL TERROR (OIL RICH ARABS)
A week or so ago, I wrote about a possibility or a hypothesis that Saddam Hussein carried out the perfect conspiracy by influencing AlQaeda very remotely and indirectly, since the Arab and Muslim world is large and versatile covering from the Mediterranean, immigrant societies in Europe, North Africa, the Middle East, Central Asia, South Asia, and as far as the Philippines.
His perfect clandestine efforts might have really possibly led to the 1993 WTC Terror and the series of terror on the U.S. properties up to the Pentagon and WTC in 2001.
Now, a great concern about “oil peak,” namely depletion of crude oil reserves on the earth is getting intensified.
Oil-rich Arab countries are infusing a huge amount of money into Wall Street where many major players are suffering the subprime-loan business debacle which is estimated to lead the credit contraction of $1 trillion scale.
And decisively, there are grudges being accumulated among some Muslims against the U.S. through the processes of the Wars in Iraq and Afghanistan. This level of antagonism to the U.S. must surpass that inside the mind of, say, Mr. Osama bin Laden and Saddam Hussein.
Then, those anti-American Muslims might be engaged in other perfect conspiracy to revenge themselves on the U.S. and its allies.
In this case, the present situation might allow them to resort to economic terror by leveraging their Wall Street connections and huge oil reserves in their territories.
Accordingly, a crazy surge of oil prices that can completely destroy reputation and honor of US major petroleum companies may be explained.
SECTION III: THESE ECONOMICS GUYS
To avoid economic terror, we have to refer to history.
If every economic theory is based on the assumption that businesses seek for infinite interests forever, those managing and running a business and funds must think that their greed is authorized by economics, since there are no non-nonsense arguments about human greed in economics.
(It is just like there are no non-nonsense arguments about fatal human desire to seek for higher positions and status in a communist party in Marxism.)
They must think that they are doing the right thing to try to get as many as profits by raising the price of oil as high as possible, which can be abused by avenging Muslims.
Even Chinese Communist Party leaders will think that they can manipulate dollars in whatever way, for economics imposes no rational restrictions onto such a destructive way of the quest for profits. They will justify their future possible actions of using hugely accumulated dollars as weapons if things go very wrong for the Party.
But, John Maynard Keynes stopped and pondered how legitimate the capitalism is. Using the terms such as “love to wealth” and “love to money,” he also took into account religious views on the desire-driven society.
Though he admitted that capitalism had so many manifest deficiencies, he concluded that capitalism could be the most suitable system to promote development of the human society.
In this era of the War on Terror and the possible Financial Terror, we have to return to the point where Keynes rather easily put an end of consideration: the significance of “love to wealth” and “love to money.”
Yet, only Keynes seemed to really feel the need to mention these concepts in study of economics (probably seeing Karl Marx as a rival).
No others without this level of the brain even minded the need for casting an eye at the teaching of Jesus Christ: "You cannot serve at the same time both the God and the Mammon (while only the God can guide people into truly valuable development of the society avoiding every terror)."
Ultimately, Keynes should have had a more Christian brain so that his work would not have been abused by the British Upper Class and European and American super-rich people who are diffusing an idea that economy has nothing to do with the words of God.
( http://page.freett.com/noren/beet/past1/past1-7.html )
Psa 91:1 He that dwelleth in the secret place of the most High shall abide under the shadow of the Almighty.
Psa 91:2 I will say of the LORD, He is my refuge and my fortress: my God; in him will I trust.
Psa 91:3 Surely he shall deliver thee from the snare of the fowler, and from the noisome pestilence.
Psa 91:4 He shall cover thee with his feathers, and under his wings shalt thou trust: his truth shall be thy shield and buckler.
Psa 91:5 Thou shalt not be afraid for the terror by night; nor for the arrow that flieth by day;
Psa 91:6 Nor for the pestilence that walketh in darkness; nor for the destruction that wasteth at noonday.