ETERNAL VIGILANCE

USA creating a base for war on the people of South America and Venezuela

Published: Monday, January 31, 2005, VHeadline.com
Bylined to: Bob Chapman

THE INTERNATIONAL FORECASTER editor Bob Chapman writes: The US for many years has been active in Colombia in assisting the government against FARC, the narco-terrorist group. As there was in Vietnam, there are military advisers in country-accompanied by US Special Forces and Colombian military.

Considering the actions of the US, in both Colombia and Venezuela recently, and the oil war now in progress, we believe the Bush administration wants to do the same thing in Venezuela as they have in Iraq and they are using Colombia as a springboard. In fact, it’s surprising that they did not pursue Venezuela first.

The oil is a short distance away, they already had a force nearby, and logistically it is a much easier target than Iraq. Be as it may, it is a safe bet Venezuela is next.

• That is why Petrosur or PetroAmerica is being used as an energy alliance and that is why the South American community of Nations was created in December. The first victim of these moves was FTAA. That is why the Granda affair was created.

PlanColombia and the domination of the region by the US has begun ... our government was not able to overthrow the Chavez government so the next move will be to bring about warfare.

Venezuela had best expedite their defense because their timeframe for outside interference is the next two years.

The Bush neocons cannot unseat the Chavez government legally, so before the next election, two years hence, they have to move to invade the country under the guise of rooting out this government, which they will accuse of helping the narco-terrorists.

• The elitists want to steal Venezuela’s oil now that they do not control it anymore. Yes, we will hear administration officials saying Venezuela is undemocratic.

The next we will hear is that Venezuela is aiding the narco-terrorists. It is the view of the elitists that once Venezuela is subdued, the remainder of South America will fall into their hands like ripe fruit.

There are currently more than 400 US advisers permanently in Colombia and most of them are mercenaries. Colombian police are being militarized and US$1.3 billion in the latest military equipment is being moved into Colombia.

We see a Colombian army of 200,000 and when you add in support, it’s 320,000 people ... the US is creating a base for war ... this is war on the people of South America and, particularly Venezuela.

Once the South American countries are defeated, the US will have a permanent residence on the continent. Stopping drugs will be the cover for the operation, whose real intent is to control the entire region.

All of this would not have been necessary had the Venezuelan elitist been able to maintain power, but they became so corrupt that the citizens removed them from power.

It is easy for the elitists to manipulate Colombia ... it is a country with 20% unemployment, and 40% of those who work have to depend on the underground economy. All the money in the country is in the hands of elitists or drug producers and the national economy is run by the IMF.

The people have an uncaring elitist government and the alternative is just as bad.

Behind the scenes all America wants in the name of free trade, globalization and transnational corporatist control is the further subjugation of the people.

There is now no question that there will be no budget cuts and the Bush administration will continue to add mounting debt and the Fed will continue to resort to debt financed growth via M3 and the repo pool. This means further US financial dependency as we stand and watch the decline of a once great empire. The plug will be pulled by foreign US asset holders. It is only a question of when.

This is compounded by imperial overreach in Iraq and Afghanistan and possibly in Iran, Syria and Venezuela.

Iraq is a deepening quagmire. Oil prices remain between $45 and $50 a barrel reflecting a continuing premium as violence spreads across the Middle East. All we need is one untoward event, a catalyst, and everything could break loose ... the event will occur ... the only question is when.

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Editor's comment: This has been excerpted from a much larger article covering a broad range of issues, from the economy, both domestic and foreign, the continuing decline of the dollar, the Economic Summit of the G-8 in Davos, Switzerland and much more. Here is the first few paragraphs of the article which reinforces our position of precious metals as a store of wealth, and, in particular, the Liberty Dollar as a viable alternative to the Federal Reserve Note.

We find that Federal Reserve monetary policy works by inciting changes in financial asset prices. Speculative trading is at the heart of their system and its liquidity, and balance and stability are maintained only as long as the Fed keeps leveraging. That is via the stock market and real estate. Those wealth factors keep America happy. Any sane person knows that your house cannot be an ATM machine forever. You cannot forget that leverage works both ways. Once leverage comes to an end, we have deflation. It should not and never has been heretofore the place of the government or the private Federal Reserve to accommodate massive debt. This is risk the average household does not understand and should not undertake. This is not creating financial and economic stability. In fact, it is just the opposite. The leveraging of today’s US housing market is going to be one of the colossal financial blunders of all time. The system has to be purged and that very serious structural adjustment is the only thing that can return our financial system back to stability. You cannot keep a system afloat by enticing foreign investors solely to keep their currencies from appreciating against our dollar. Who knows when the foreigners will cease accommodating our debt. This is being played out by the value of the dollar. It sinks as debt rises and accommodation wanes.

This is all gambling plain and simple. The financial affairs of our government and households are not supposed to function that way. Markets are going to fall and destabilization is on its way. Excesses are about to be accounted for. The stampede begins slowly with a little distress, which gives into fear and dissatisfaction. Bonds, stocks and real estate begin to fall in value and commodities; gold and silver, become the only safe haven in the storm. If nothing else, they will win by default. The world is about to rediscover that the only real money is gold.

From 2000 to mid-2004, credit grew $2.4 trillion a year. That is three times as fast as ten years earlier. It is like being on an accelerator that picks up speed every minute. Eventually it is going so fast you cannot get off. Something snaps and the escalator crashes and disintegrates. Credit expansion has to inherently go forward at a faster rate because if it does not it spirals into recession and depression.

To see the entire article from Bob Chapman, go to The International Forecaster.


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