Wednesday, March 04, 2009

Chalmers Johnson

I don't read the San Diego Union anymore and might have missed this except that it made the daily newsroll on Informationclearinghouse today. It's an interview of sorts with Chalmers Johnson, one of our own local wise men. I think he's right on the money with his thoughts.
Here's quote from it..........

“If we cannot cut back our long-standing, ever increasing military spending in a major way, then the bankruptcy of the United States is inevitable. As the current Wall Street meltdown has demonstrated, that is no longer an abstract possibility but a growing likelihood. We do not have much time left.” The Johnsons, it's fair to note, are unencumbered by children or stocks, two common articles of faith in the country's prosperity. Johnson's UC pension is secure. He can afford to cast a cold eye on the future.

“It's possible that it's over – and there's nothing to be done,” he told me with a ghost of a smile.

We're the national equivalent of a zombie bank. A dead country walking. And we might not even know it"

You can read the rest (here).

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