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	<title>Comments on: The Empire of the United States of America</title>
	<atom:link href="http://www.dailyreckoning.com.au/american-empire/2006/12/11/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.dailyreckoning.com.au/american-empire/2006/12/11/</link>
	<description>An independent perspective on the Australian and global investment markets</description>
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		<title>By: Anonymous</title>
		<link>http://www.dailyreckoning.com.au/american-empire/2006/12/11/comment-page-1/#comment-1763</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 06 Mar 2007 17:27:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/american-empire/2006/12/11/#comment-1763</guid>
		<description>&quot;If you deny that the United States is now an empire, you are as big a fool as we were. For a very long time we resisted the concept. We did not want the United States to be an empire. We thought it was a political choice. We liked the old republic of Jefferson, Washington, the US Constitution…the humble nation of hard money and soft heads; we didn’t want to give it up. We thought that if the United States acted as though it were an empire it was making an error.&quot;

Bonner recognizes the problems, but is unable to propose, not even to himself, a plausible or sensible solution. From that point, he adopts a rationalization that allows him to still feel good about his own self-image, what might be called the situation is beyond hope, throw in the towel or universal ostrich defense:

&quot;What morons we were. We missed the point completely. It didn’t matter what we wanted. There was no more choice in the matter than a caterpillar has a choice about whether to become a butterfly. This was an important insight for us.&quot;

There is no question about the ship being on a course that will result in its sinking. Nor is anyone debating the momentum of a very large ship at substantial speed. I am not asking anybody to go down with the ship or to go down fighting, but as Burke (When good men do nothing..) teaches, the complete abandonment of the ship or of hope is equally irrational. Neither you nor Bonner appear to fear criticism, but most people are afraid to admit to themselves their own personal inadequacies and especially, their own failures. 

Turning the tide and rescuing the United States Constitution is a tall order, a Herculean task, an impossible challenge. Are you or Bonner willing to risk personal failure by attempting to snatch the US from the jaws of death? I fear drowning as much as the next man, but swimming is analogous to riding a bike. I may not be nearly as clever as I think, but I am certainly not afraid to admit to myself that I can fail, even in public. I learned a long time ago to keep a bike upright. And I had an uncle who took a ten year old frightened boy in a rowboat into the middle of a lake and rowed away after throwing him overboard. Come on in; the water is fine. And the world needs my private digital gold currency. Between the Puplavas and Agora, it can keep a lot more of Pareto&#039;s twenty per cent that matters afloat when and if the ship does go down. 

Whether you think so or not, the world needs saving and Bonner seems to agree, but as he so often points out about everybody but himself, nobody has a clue as to how. Talk to me; I think I know how.

Mr. Stansberry can provide a link.</description>
		<content:encoded><![CDATA[<p>"If you deny that the United States is now an empire, you are as big a fool as we were. For a very long time we resisted the concept. We did not want the United States to be an empire. We thought it was a political choice. We liked the old republic of Jefferson, Washington, the US Constitution…the humble nation of hard money and soft heads; we didn’t want to give it up. We thought that if the United States acted as though it were an empire it was making an error."</p>
<p>Bonner recognizes the problems, but is unable to propose, not even to himself, a plausible or sensible solution. From that point, he adopts a rationalization that allows him to still feel good about his own self-image, what might be called the situation is beyond hope, throw in the towel or universal ostrich defense:</p>
<p>"What morons we were. We missed the point completely. It didn’t matter what we wanted. There was no more choice in the matter than a caterpillar has a choice about whether to become a butterfly. This was an important insight for us."</p>
<p>There is no question about the ship being on a course that will result in its sinking. Nor is anyone debating the momentum of a very large ship at substantial speed. I am not asking anybody to go down with the ship or to go down fighting, but as Burke (When good men do nothing..) teaches, the complete abandonment of the ship or of hope is equally irrational. Neither you nor Bonner appear to fear criticism, but most people are afraid to admit to themselves their own personal inadequacies and especially, their own failures. </p>
<p>Turning the tide and rescuing the United States Constitution is a tall order, a Herculean task, an impossible challenge. Are you or Bonner willing to risk personal failure by attempting to snatch the US from the jaws of death? I fear drowning as much as the next man, but swimming is analogous to riding a bike. I may not be nearly as clever as I think, but I am certainly not afraid to admit to myself that I can fail, even in public. I learned a long time ago to keep a bike upright. And I had an uncle who took a ten year old frightened boy in a rowboat into the middle of a lake and rowed away after throwing him overboard. Come on in; the water is fine. And the world needs my private digital gold currency. Between the Puplavas and Agora, it can keep a lot more of Pareto's twenty per cent that matters afloat when and if the ship does go down. </p>
<p>Whether you think so or not, the world needs saving and Bonner seems to agree, but as he so often points out about everybody but himself, nobody has a clue as to how. Talk to me; I think I know how.</p>
<p>Mr. Stansberry can provide a link.</p>
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		<title>By: Alexandre Weber</title>
		<link>http://www.dailyreckoning.com.au/american-empire/2006/12/11/comment-page-1/#comment-218</link>
		<dc:creator>Alexandre Weber</dc:creator>
		<pubDate>Tue, 12 Dec 2006 15:36:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/american-empire/2006/12/11/#comment-218</guid>
		<description>Someone, much more learned than me, said, that maybe it&#039;s time to put the economic center of gravity where it belongs . Painfull corrections may be need.</description>
		<content:encoded><![CDATA[<p>Someone, much more learned than me, said, that maybe it's time to put the economic center of gravity where it belongs . Painfull corrections may be need.</p>
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		<title>By: J ohn A  Birch</title>
		<link>http://www.dailyreckoning.com.au/american-empire/2006/12/11/comment-page-1/#comment-176</link>
		<dc:creator>J ohn A  Birch</dc:creator>
		<pubDate>Mon, 11 Dec 2006 11:53:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.dailyreckoning.com.au/american-empire/2006/12/11/#comment-176</guid>
		<description>I DONT BELIEVE YANKS ARE INHERENTLY CORRUPT BUT THEIR POLITICAL AND REGULATORY CHAIN OF COMMAND IS HOPELESSLY CONFLICTED WITH BIG BUSINESS AND BOTH ARE CORRUPT AT DECISION MAKING LEVEL . COMBINED WITH THE LACK OF DISCIPLINE ENCOURAGED BY BOTH ,AND YOUR PIETY,ARROGANCE &amp; INSULARITY YOU NOW REAP WHAT YOU&#039;VE SOWN .
BUT YOU ARE NOT ON YOUR OWN.
MOST YANKS ARE GOOD PEOPLE ,COMPLETELY DISEMPOWERED</description>
		<content:encoded><![CDATA[<p>I DONT BELIEVE YANKS ARE INHERENTLY CORRUPT BUT THEIR POLITICAL AND REGULATORY CHAIN OF COMMAND IS HOPELESSLY CONFLICTED WITH BIG BUSINESS AND BOTH ARE CORRUPT AT DECISION MAKING LEVEL . COMBINED WITH THE LACK OF DISCIPLINE ENCOURAGED BY BOTH ,AND YOUR PIETY,ARROGANCE &amp; INSULARITY YOU NOW REAP WHAT YOU'VE SOWN .<br />
BUT YOU ARE NOT ON YOUR OWN.<br />
MOST YANKS ARE GOOD PEOPLE ,COMPLETELY DISEMPOWERED</p>
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