mfioretti: nixon*

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  1. Buchanan wrote a 13-page memo to Nixon, urging him to engage in “heated political warfare, of not cooling off our supporters but of stirring the fires” as they were now “in a contest over the soul of the country” with their liberal enemies in Congress, the press and the universities. “It will be their kind of society or ours; we will prevail or they shall prevail.”

    And another aide, Michael Balzano, urged the president to transmit the following message to disgruntled white voters: “Today, racial minorities are saying that you can’t make it in America. What they really mean is that they refuse to start at the bottom of the ladder the way you did. They want to surpass you … and » they want it handed to them. … You worked the menial jobs to get where you are - let them do it too.” Balzono knew what he was proposing—an intentional rending of American society along racial lines, for political profit. “CAUTION – DANGER,” he wrote. “With respect to the calculated polarization described in this paper, ABSOLUTE SECRECY CANNOT BE OVERSTATED” or “there would be no way of calculating the damage to the Administration.” The capitalization was his.
    http://www.politico.com/magazine/stor...ohn-farrell-nixon-book-excerpt-214954
    Tags: , , , , by M. Fioretti (2017-03-28)
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  2. I assure you that this story is very much about Peak Oil, but please bear with me, as I’ll need to start by reviewing what the IMS is and how it came about in the first place. Then I’ll explain the role energy has already played in shaping the present-day IMS, and finally, I’ll tie this back to Peak Oil by explaining why rising energy prices could very well be the catalyst that will cause the present system to fail.

    if you choose a currency because it’s a strong credit, and then give the issuing nation a financial incentive to borrow and print money recklessly without penalty, eventually that currency won’t be the strongest credit any more! This paradox came to be known as Triffin’s Dilemma.

    Specifically, Triffin predicted that as issuer of the international reserve currency, the USA would be prone to over consumption, over-indebtedness, and tend toward military adventurism. Unfortunately, the U.S. Government would prove Triffin right on all three counts.
    http://aspousa.org/2013/01/commentary...ens-the-international-monetary-system
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