The flow of history has cut a new and unexpected channel and a new historical course has been carved out.
For month and months and months I have been telling all my friends that the election for President of the United States is rigged and John McCain will be elected the next President. For me the ruling class was content to continue looting the country ad infinitum and John McCain was going to keep their party going.
Predicting human events is fraught with surprises and this election year is beyond exception. The inability of the Bush administration to contain the continued collapses of the financial markets coupled with the the growing recognition that John McCain has no answers makes it clear to any one with half a brain that we are at a monumental crossroads in American history.
This is what we are facing: deflation of commodity value which means general world wide depression or hyper-inflation which translates into the collapse of the the value of the dollar. Will we have lots of cash but nothing to buy or will we have lots of cash which can’t buy anything? In either case, we the people are in deep kimchee.
A young Afro-American with one cultural foot in Africa and another in America will be the next President of the United States. I no longer have any doubt about the truth of that sentence. The issue now is will Barack Obama succeed ala Franklin Roosevelt and save capitalism from it’s greedy excesses or will he be another clueless free market ideologue like Herbert Hoover and John McCain forever trapped in a business cycle like Sisyphus fatally pushing a rock up hill only to have the rock roll down hill forever and ever. Will America, realizing its historical democratic and republican self, evolve from a dog-eat-dog capitalist economy into a social democracy or will the ungodly rich continue to rob the people in an endless but unstated and officially unrecognized class war.
Better yet could America evolve farther into a full blown Socialist society where justice prevails over profit and all are free to decide their futures; where no one is at the mercy of the economically rich and politically powerful? Or will sociialism come by Revolution? By 2012 we will know.
October 2008
Wednesday, October 15, 2008
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