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The "Lofty Battlefield" of Economics
and U.S.Foreign Policy of the 20th Century.
If you want to understand what's going on today, it started in 1848, but made great head-way in America in 1945. When we were celebrating the victory in Europe and the Pacific Theaters after World War II, Franklin D. Roosevelt absorbed the debt of our allies, thus we became a world power when they repaid their debt. This war was fought in what I call, "The Lofty Battlefield"...the field of economics. Concerning Economics; Those that believe in the free-market system incorporating smaller government and lower taxes and less regulation, tend to support "Ludwig Von Mises (1881-1973); Human Action" and "F.A. Hayek (1899-1992) The Road to Serfdom" and is known professionally as "Austrian School of Economics". (the good guys) In America during the 1980's, the world renowned economist Von Mises, was used as the theoretical base for "Reaganomics", and thankfully so. The German Chancellor Merkle just announced a few months ago (09/2009) her move in the direction of Austrian Economics. Good for her. She's absolutely right. Any less of a decision would be foolhardy.
Though through the Federal Reserve Act of 1913, the "Bretton Woods Agreement Act" creating the IMF (International Monetary Fund) and the World Bank in New Hampshire in 1945, the United Nations charter was also under consideration in San Francisco in 1945 and proposed to establish a World Court. During the same time, the 87th Congress was supporting Disarmament talks. The "Marshall Plan" was also employed to help rebuild Europe. Keynesian economics was adopted for a world system instead of the "free-market" Austrian school of economics. Major mistake. The slogan of the World Court was "World peace through law". The problem here is that the judicial body, of which we only have one (1) out of the fifteen (15) judges, had no precedence in legislative or common law-its writs are enforced by the sovereign power of the state. Among its most fervent supporters were the American Bar Association (ABA) and the Nation Education Association (NEA). This should start making sense to you about now. The Charter was promptly ratified November 1945 for the United Nations and the World Court was provided for by Article 36 of the same charter.
Here's were it gets interesting. In July 1946 the Senate Foreign Relations Committee reported on the "Morse Resolution", suspecting that certain "Internationalists' were transforming their agencies into instruments of a "One World Government", U.S. Senator Tom Connally created the "Connally Amendment". The Connally Amendment simply states that the World Court; "shall not apply to disputes with regard to matters which are essentially within the jurisdiction of the United States." So when Fmr U.N.Amb. John Bolton emphatically stated that; "International law does NOT trump the U.S.Constitution.", this is what he references. Radicals in 1958 began their well-organized attempts to destroy the Connally Amendment. World peace though world law, could not be further from the truth.
Our Constitution and Bill of Rights, are the only documents keeping us from having the socialists place shackles on our feet. It must be understood that the "Cold-War" is not over. Russian Vladimir Putin, once the president of Russia, now the Prime Minister, and soon to be the President again has been trained since the age of six (6) to be a KGB agent, and became the KGB Director of all five Directorates of the Soviet Empire. The Russian Foreign Service Office that creates unrest in the world through populace up-risings, are but playing mere games to ware down our resolve. Is the Middle-East really so important? Where does the the cause originate? How do we maintain our Western Influence?
Well...now guess which country just absorbed $2 Trillion dollars worth of our debt. That's right...China, a communist nation. If you're not squirming in your chairs right about now, you should be. China, as Fmr Prime Minister of Russia N. Khrushchev has been reported of saying to Mao; "No need to attack (with your 4 million man Army and now 23 nuclear-submarines and countless long-range missiles), we can destroy America economically." So this is the "Lofty-Battlefield" of which I speak. The "Cold-War" is not over and we are giving tons of money to soviet satellite nations. Why???
Being able to quote the Communist Manifesto does not an intellectual make.
Quoting the U.S. Constitution... does.
Thx; John Wayne Sitterley (AZ)