The Day of Judgment, Or Why Midterm Elections Are So Important
Next Post

Press {{ keys }} + D to make this page bookmarked.


The Day of Judgment, Or Why Midterm Elections Are So Important


The midterm elections are over. Although the calculation is still ongoing, the result is already known. Election Night 2018 wasn’t looking to be an especially promising one for Republicans. GOP operatives and pollsters had resigned themselves to Democrats retaking the House of Representatives after eight years in the minority. This means that the Republicans no longer hold both houses of Congress, handing Donald Trump’s political opponents a stronger foothold in Washington from which to oppose his presidency. 

I’d like to remind you that, since the late 1970’s, the US policy (and since 1991 — almost the whole world)  has been determined by the global financial elite. It didn't come at once and by itself. This was the result of a consistent process (the most striking reference points of which were the creation of the fed in 1913, the Bretton Woods conference in 1944 and the beginning of "Reaganomics" in 1981). As a result the global financial elite began to control most of the world economy.

But the main reason was that this important economic instrument - the dollar emission - which after 1913 international financiers received in their hands (until 1913, this instrument was in the hands of the state), provided real economic growth. One can argue a lot about how much this was the "right" or “fair” mechanism, but from the point of view of society, since it gave a constant increase in citizen’s income, it was quite acceptable and even approved of. The problem is that since the beginning of the XXI century it have suffered serious disruptions, and since 2008 it stopped working. That is, the share of the public pie that financiers have received and still are receiving has stopped to be compensated by the overall growth of the pie.

Until the financiers have increased their share (in percent of total goods produced), but since increased the pie itself, all the rest have been able to increase their consumption, though not in relative proportions, but in absolute terms. And the last 10 years, this share has become significantly reduced and the people do not like it very much in the United States, nor in Western Europe, nor in other regions of the world.  And, accordingly, the financiers’ opponents have significantly increased their activity, I mean especially those elite groups of alternative global projects. I call them the Capitalist.

The economic essence of this project (which today is  a network by its nature, and has obvious nationalist shades) is to return to industrial production, only much more effectively implemented (taking into account the achievements of the information revolution and digital management methods). Of course, if you push aside financiers, the aggregate demand, which is now supported by appropriate technologies, will fall significantly (the average household debt in the US is now about twice the maximum historical values). But given the fact that the share of the financial sector in the redistribution of wealth above the historical order, it is possible that the resource to restore reasonable production will be realized. That is, the idea of returning to the industrial economy is not entirely utopian.

For the US, this idea is combined with the idea that it is possible to raise its own production at the expense of competitors, primarily Germany and China, who today have a huge surplus in trade with the United States. Of course, for these countries, this will lead to a drop in the standard of living of the population, but competition has not been canceled, and the nationalist moments inherent in the Capitalist global project, such an approach does not contradict.

Relevant ideas in the political life of the United States first appeared in the midterm elections on November 4, 2014 and were loudly announced in 2016, when Trump won. Its policy is simple and intuitive: we will restore national industrial production, limit the possibilities for the export of capital and the unequal import of goods that we can produce ourselves, and return to (reasonable) isolationism.

I repeat what is not said, but the implies: is that the domestic market will not be enough to restore industrial production in complete, but this is not so important, because we will get additional resources from the fact that we will not feed financiers any more. And at the same time, the scale of prices will change in a more adequate way due to the fact that the emission mechanisms will cease to work. In addition, all sorts of inhuman liberal concepts (juvenile justice, same-sex marriage and other models of family destruction) which most people are repulsed by, and because these concepts are introduced by financiers, they are tolerated only as long as the standard of living is growing.

It is important that Trump, a representative of the Capitalist project, managed to become the US President. This suggests that the elite of the "Global Western" project’s attempt to take full control of the state and political institutions of the United States failed. Sanders didn't manage to break through the filters of the office of Democratic party which is controlled by financiers, but the Republican party appeared to be more resistant. And, as a result, a desperate war began in the United States, at the elite level for a while.

Yesterday was a key battle in which none of the parties achieved what they wanted. Speaking in military terms, the battlefield remained for Trump, but his opponents were able to maintain enough strength to organize a tough resistance.

 If Trump managed to keep a majority in both houses of the US Congress for the Republican party, he would quickly be able to clean up, at least partially, his apparatus from representatives of financiers. In this case, the liberals (financiers) would have received a severe blow and would have had to move to rearguard battles, gradually giving up their power in exchange for maintaining the status of the elite of their individual representatives. Now the financiers managed to fight back, and now the war will continue and in this case it can take very tough forms, in which the ideas of civil war and the collapse of the United States as a single state will be perceived as not quite so wild. I think that soon we will see protests organized by Democrats who do not agree to admit defeat. The topic of migrants, racism and the rights of national minorities will be discussed again. It is possible we will see again a replica of the events of Los Angeles in 1992, but at a new level and adapted to modern conditions.

In any case, today begins a new era, which can seriously expand the entire basic ideological component within which humanity has developed in recent decades. And it is possible that as the result of these elections liberal misanthropic concepts will gradually enter the dustbin of history.

Author: USA Really