More than a year ago in an interview, Alan Greenspan gave his cerebral explanation of "Globalization." It's hard to interpret into normal language, but let me try! In order to bring the living standard of the 3rd world up to that of the USA, our living standard must decline.
The financial crisis indicates with no uncertainty that international banking is one of the culprits and the Council of Foreign Relations (CFR) of which Greenspan is a member has it's tentacles spread around the globe. CFR was organized in 1921 by "old money" folks like John D. Rockefeller and J. P. Morgan. All the talk about the "Amero" to compete with the Euro hints that the elitists in monetary circles are planning the demise of the Dollar and the Pound Sterling.
Ever wonder why President Bush doesn't stop the illegal flow of immigrants from Mexico? He's a member of CFR and they're vision is for a North American work force. Colin (CFR member) Powell's recent endorsement of Obama hints that McCain might not support the flow of cheap labor although he too is a member of CFR.
Just a year after Greenspan's classic explanation, we are indeed seeing the influence of what is lovingly called "Globalization." A better term for the occurrence might be "World Wide Socialism." I predict that all the phony bail-out money we're printing to save the financial industry will come home to haunt us in the form of massive inflation over the next few years.
One of the basic defensive operations taught in the Marine Corps was to dig a hole and keep digging till the barrage stopped. Better gird your loins and dig that foxhole deeper! The CFR troops are hard at it.