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I don’t think Hillary is or was the answer. I don’t think Democrats, as they are now in the U.S., are the answer. From my POV, Democrats and Republicans are basically the same.

 

The fights between these two parties are to see who is going to run the U.S. They are not fights between good and evil. They are fights between two corrupt groups; each of whom wants to control and benefit from the wealth of the richest country in the world.

 

People think of the U.S. as a democracy. But, it hasn’t been a democracy for some time. Laws like those that give corporations the same rights as citizens and laws that remove any limits of how much rich people and corporations can donate to political parties are plain evidence that the votes of the rich and of the corporations clearly weigh far more than the votes of the average man. One has to be in serious denial to not see this.

 

All I can say for Hillary is that if she had been elected, I expect that the looting of American would have gone on quietly; as it has been for the last four or five administrations. Most of the presidents who have been elected in recent decades in the U.S. have been quiet figureheads put into place to give the semblance of presidential leadership while the gathering and looting of the national wealth continued by the party in power at that moment.

 

The middle and lower classes in the U.S. have been getting poorer for decades now. It began in the mid-70’s. And since then, the wealthy have been getting more and more of the pie.

 

And as the rich get richer, they spend more on donations to political parties and candidates. And, not amazingly, those parties and candidate vote in laws that benefit their donors. Wealth is essentially ‘buying’ the American democracy.

 

This is not a function of the Democrats or the Republicans. They are both pushed up against the same trough to get what they can.

To see why America is getting poorer and more unstable, we only have to look to see why it was getting wealthier up until the 70’s and why it began to get poorer after that time.

 

And the answer is that then corporations realized that rather than manufacturing things in America, with its well paid workers and strong unions, they could make the same things in the far east in China and cut way down on manufacturing costs. And that, in turn, made their profit margins go way up.

 

So, from the POV of the big corporations and the wealthy, this was a no-brainer, a win-win. They shifted manufacturing to the far east and began making way more money.

 

But no one, seemingly, thought about what effect this would have on America in general. America had been a manufacturing powerhouse all through the 50’s and 60’s. America made things. America manufactured wealth. We made excellent things, we sold excellent things – and life was good.

 

But when manufacturing went overseas, the American dollars, that would have been spent on America workers, and which would have then circulated around inside of the America economy, went overseas to pay for the manufacturing and a lot of cheaply made shit came back.

 

The net effect was that America began to bleed money towards China at the same time that American corporations began to make higher profits from having lower manufacturing costs. But overall the net was that America was losing money and getting poorer. And the money being lost was coming from the middle and lower classes and the profits from lower manufacturing costs was accruing to the wealthy.

 

For awhile the middle and lower classes were happier. They now had places like Walmart where they could buy stuff cheaper and that gave them the impression that life was getting better. But it was an illusion.

 

Union busting began in earnest after that because with manufacturing gone overseas, the unions had little power to negotiate for American workers. And the corporations were happy to bust the unions because that meant they could pay their U.S. workers even less which lead to more profits for them.

 

One particularly nasty side effect of this gutting of American industry by sending manufacturing overseas was that all this money that was going to China, allowed China to build up and ENORMOUS balance of trade with the U.S. They were putting money into their banks hand-over-fist. And that, my son, is how they went from being a third-world military power to a first-world military power in a few decades. And America paid for it. American corporate greed for lower manufacturing costs has trashed the middle and lower American classes and made China a world power. And all of that happened right under our noses.

 

You won’t see this discussed much in the U.S. when folks are analyzing what’s going wrong. Why? Because both parties, Democrat and Republican, are complicit in the entire business.

 

Once big money realized that they could buy votes to get the laws they wanted, they began doing so and they ended up owning the souls of most politicians. And as they got more and more of the laws they wanted, they ended up controlling the American political system better and better. And the rich don’t care of America is being gutted during all of this. They are walking away richer and that is all they care about. It is simple human nature.

 

You are probably wondering what this long essay has to do with rioters, Black Lives Matter, COVID-19 and Trump?

 

Well, it is necessary to understand how we got to where we are now

American is a failing empire. And has been for decades now.

Wealth is bleeding out because the country is not longer a net wealth creator. And, of the residual wealth (which is still a hell of a lot) that remains, much is being looted year by year in unreasonable corporate profits, massive bonuses for corporate bigwigs, off-shore tax avoidance schemes, and tax-relief schemes for the wealthy that are enacted by the political parties that those same wealthy folks helped put into power with their donations.

 

There’s no other way to say it. The country is owned by the rich and it being looted by the rich. The much cherished ideas of one-man-one-vote and equality for all are increasingly just mirages.

 

But these things don’t happen overnight. They take decades to slowly unfold.

 

But, before we get into the heart of things, do you know how the U.S. government finances itself from year to year?

 

Each year, the U.S. sells bonds. These bonds don’t payback a huge amount when they mature but they do have one attractive property. They ALWAYS pay back what they promised and they have NEVER failed to do so.

 

The U.S. is still regarded as the wealthiest nation in the world and the U.S. dollar is the de-facto reference currency of the world.

 

These factors mean that buying U.S. bonds is one of the safest things a rich individual or a foreign government can do with their excess wealth. Every year, the U.S. sells U.S. bonds and folks ALWAYS buy them.

 

The U.S. sells bonds each year to the generate the money it uses to run the country next year. Each year, as the size of the national budget goes up, the U.S. sells more bonds to cover it.

 

Does this sound familiar? In banking terms it is called “kiting checks”. The U.S. is essentially paying for the increasing costs of running the country by selling bonds to stay ahead.

 

But, here’s the rub. They can’t do this forever.

 

And given that the U.S. has been bleeding money for decades and getting poorer, the country is getting to be like a big cardboard store-front. There’s not as much real wealth standing behind the cardboard as they’re used to be. And there’s less every year.

 

There is going to come a big, final show-stopper event when the U.S. finally can’t pay back on the bonds it sells. It is going to be a major world-shaking default.

 

The entire world of finance knows about this. They have known for years. And all it will take to bring the U.S. to a full stop is for entities to stop buying U.S. bonds. If they stop, then the U.S. won’t have enough money to run and it won’t have enough money to pay back on the bonds it sold previously and BOOM – big toast.

 

It hasn’t happened yet because if the U.S. defaulted then a lot of countries like China, which holds large amounts of U.S. bonds, would also get badly hurt – because they would not get payed back on their bonds.

 

But everyone knows that things cannot go on like this. The U.S. is standing on financial sand that is seeping away from under its feet. China and the others are buying less and less U.S. bonds each year to minimize their exposure to the problem. China and Russia are trying to rework in the international financial system to make their currencies the de-facto reference currencies so they can get away from the U.S. dollar and make themselves more powerful.

 

So, year by year the U.S. is in a worse and worse financial position. As I said, the U.S. is a failing empire and the irony is that it took out its own ‘greed-gun’ and shot itself in the foot when it chose to sent its manufacturing overseas.

 

Meanwhile, the rich-listers and the multi-national corporations in the U.S. are locking up the political system by buying the politicians left and right to pass the laws to benefit themselves. Why? So they can loot what they can of the remaining U.S. wealth.

 

Son, don’t forget that these folks are wealthy enough that borders don’t mean squat to them. They can buy their way into most countries if they are wealthy enough. So, if the U.S. crumbles into anarchy, they will just move away.

 

So how does all of this backstory relate to what’s going on now? Well, several unusual things have happened all at once in recent years.

First, the normal pattern of voting in one party or the other to continue to the looting has been broken.

 

The American public can sense that the American empire is failing. They may not be able to articulate, it as I have, but they clearly know that they are getting poorer and things are not right. Hence, they were not happy to just put in another figurehead president, like Hillary, to continue with business as usual (make that looting as usual). And in a major surprise, they elected Donald Trump.

 

A billionaire, a businessman, a reality TV host and a serious narcissist. People were tired of more of the same and they wanted big change and he promised it – in big bold letters.

 

But, as a billionaire, was he really the one we should trust to reverse things back to the America that we remember when the country was getting richer and things were good? No matter if electing him was logical or not. The American public wanted a change and he was it.

 

The second factor was the Covid-19 virus. Who could have predicted that? It has come out of left field to body-slam the world.

 

And then the third factor was triggered when George Floyd was killed in Minneapolis.

 

The first and third factors reveal a deep and growing instability in the way things are being run in the U.S.

 

If things had been handled better and the U.S. had not beggared itself by sending its manufacturing offshore and if the rich hadn’t essentially ‘bought’ the house and senate votes, then I strongly doubt that conditions would have been right to elect someone like Donald Trump. He would have just remaining a self-impressed wealthy showman with a trophy wife.

 

And if the U.S. had really tried to embrace its minorities and had not just kept sweeping the racism problem back under the rug each time it arose, then things like Minneapolis probably would not have happened. And, if they did, they would not have been part of a large pattern that has been ignored over and over again.

 

But factor two, the Covid-19 virus has been the real show-stopper. It has pushed our fragile systems, globally, right to the edge relentlessly and it has pointed up a very deep truth that everyone, especially our politicians, needs to learn.

 

And that is that the virus is part of a reality that doesn’t care what we think, what we believe or what we hope. Like gravity, it just happens and we have no choice about it – none. We either work with it ‘as it is’ or we deny how it is – at our own expense.

 

Donald Trump and many other leaders believe that the world and reality are shaped by their charisma, their leadership and the force of their personalities. When those sorts of beliefs come up against the virus, they are not going to win – it isn’t going to happen. Anyone who doesn’t realize that we have to work around the virus ‘as it is’ – is simply is simply in denial of reality.

 

Reality doesn’t care what we think. Gravity doesn’t ask our permission to do what it does and neither does something like this virus. It is programmed by evolution to do one thing and no matter how many speeches are given that ‘it will go away’ and no matter how many meetings are held trying to balance of the health costs vs. the costs to our economies, it will still just do just what it does because it doesn’t care. It doesn’t even know we are here. It doesn’t know anything. It just does what it does.

 

People like Trump and all those who resist face-masks and social distancing are just walking into the whirling blades of this thing with nothing but denial and bravado in hand.

 

So, what’s a person to make of all of this?

 

Damned if I have a good answer, Son. But I do think it settles the mind and gives some sense of clarity about what’s going on if you have the larger backstory and can see a bit of how things got to where they are.

 

Trump thinks he’s destined to be a great world-changing leader. I think he’s got a bit of Mussolini in him. But he is clearly a product of his times.

 

The U.S. is coming unraveled. And at such times strong leaders emerge and their natural response is to clamp down and to try to hold things together. But Trump’s also got an election coming up and he wants badly to win it. So, he’s playing the cards he’s got. And Law and Order is a big card just now and it clearly appeals to his base.

 

Regarding Portland: Portland belongs to the folks that live there. If they have a democratic governor and mayor, it is because they elected them. And if those leaders choose to deal with the demonstrators as they have been, then that’s their right. And if the locals don’t like it, then they can vote it more law and order oriented governors and mayors. Isn’t that the American way?

 

There’s no place in that equation for outside Federal interference – except that it represents a way for Trump to play the Law and Order card loudly to rally his base and create the impression that he’s saving the world from liberal anarchy.

 

Sending federal soldiers to ‘democrat’ cities? Really?

 

He’s attempting to manufacture a bogus war between liberal and conservatives for his own purposes. And I suspect it has to do with getting re-elected though that is looking less and less likely. And if he cannot win the election, how about he just blows by it by creating a small civil war so he can claim that the nation is in such turmoil that an election is not possible?

 

All this also serves as a way to distract from the fact that for all of his bluster, Trump’s handled the Covid-19 situation abysmally.

 

Yesterday’s headline said that Covid-19 deaths in the U.S. have no

w exceed 140,000 but Trump claims things are getting better.

 

The U.S. is a failing empire and these sorts of things happen in failing empires.

 

If you are on the inside of the empire and your entire life, family and livelihood depend on stability and predictability and things are falling apart all around you, then I can see how easy it is to get caught up in the good-guy, bad-guy, liberal, conservative rhetoric.

 

It is a game that is currently driven by one man’s desire to dominate the situation and retain the presidency and he will do whatever it takes to it it – even if he pulls the country down around everyone’s ears.

Your asked if I have better suggestions?

All of this is possible and it has been done in other countries.

 

How’s that for a list of suggestions about what might be done?

 

But, of course, none of what we say here will matter. You can believe what you want and I can say what I believe and in the end, forces much larger than you or I will control how it all plays out.

 

So, what to do?

Well, anger doesn’t help. It just clouds our judgment. Getting a clear idea of how things got to where they are improves our ability to predict where they might go next and that has good survival value. But becoming part of one hostile faction or the other doesn’t lead to clarity. It just leads to anger and blaming again.

 

In truth, I wish I could transport all of you down here to New Zealand.  Both of your skill sets would work very well for you here.  It is a small place but it is run reasonably and there is good opportunity here.

 

Love you, son