Monday, May 10, 2010

Germany Bails Out Greece


The big political battle of our time is the struggle between Left and Right. The Left is winning. It’s late in the fourth quarter, the score is tied and the Left has the ball on the Right’s three-yard line. Merkel knows how the game will end. By calling for a time out now – by agreeing to bail out Greece - she intends to postpone the inevitable, hoping to no longer be on the field when the final score is announced. In German it’s called Realpolitik.

The Left seeks the total collapse of world currencies. By beggaring the middle classes, they intend to bring about the chaos that would usher in totalitarian state communism. Bailing out Greece at this point merely kicks the can down the road. Further bailouts are all but inevitable. This will anger the German populace to the point of turning its rage against Merkel’s right-of-center party. Leftists will take up the reigns. The next time the issue of the PIIGS needing money arises, there will be no hesitation about what to do. Neither will there be any incentive for any individual nation to pursue economically sound policies. The Euro will collapse, followed by societal upheaval. In the people’s frenzy to save themselves, they will seek out scapegoats. As Batchelor often says, “There will be blood.” The perceived ‘rich’ will be targeted and sacrificed on the altar of ‘Social Justice' (and Merkel will be permitted to sit by, knitting).

After the revolution, people will be starving and begging for leadership. Strongmen will emerge and rewire the West into a series of cooperative communist dictatorships in which economic principles no longer apply. Cronyism, brutality and ideology will comprise the new world currency.

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