The US has lost its position of power by pulling back the military throughout the world. But the real reason for the pull-back is lack of money. The country lacks money because we don’t have enough exports. We don’t have enough exports because our own convoluted tax system makes American-made goods more expensive than imported goods from countries with comparable labor costs and because we lack 30 million working taxpayers. And, our tax system is convoluted and 30 million people were never born because Washington thinks that Washington is all that matters.
Banking is escalating to a worldwide problem. But that has not been America’s focus in news. The Bush family, beginning with HW’s father, a banker, Prescott Bush, has an interesting policy: Wage war, without a way to pay the wages of war. How did a banking family not think of financing? Bush family policy seems haunted by ISIS, whether in Iraq or the Mexican border. · · · →