"The man who strikes first admits that his ideas have given out."
Indeed, the pressure inflicted on the world by the corporate war machine is increasing exponentially. The economic model of global exploitation through "free trade," or "globalization," has run its course; the looting almost complete, and the perpetrators have to transition to another stricter form of control without the help of some of the illusions that have worked in the past. The dollar is busting; its demise is more apparent every day, whether it be directly in the financial markets or reflected in political or military decision-making. The factions in control of the doomed world reserve currency are panicked and developing destructive narratives as plan-of-actions should their hand be forced by the sane people forced to live in the chaotic world created by paper money and war.
"When monarchs through their bloodthirsty commanders lay waste a country, they dignify their atrocity by calling it 'making peace.'"
- Publius Cornelius Tacitus (Roman Senator, AD 56- AD 117)
Time is wasting before the myth of the dollar's worth vanishes completely. This week the U.S. Treasury said it would auction off $72 billion of new debt taking the federal government's debt right to the limit. This auction follows a week in week saw the new Report on Foreign Portfolio Holdings of U.S. Securities. China has reduced her exposure to U.S. debt by $249 billion. It is unlikely countries like China that have financed U.S. debt will be likely to do so in the future as the U.S. credit ratings continue to be embarrassed by terrible reports and outlooks such as this recent one by Weiss Ratings that placed the U.S. lower than Mexico.
Though Bernanke pledged during the first-ever Federal Reserve Chairman press conference that there were no plans for Quantitative Easing part 3, the Fed will be forced to print more and more because no foreign entities want to front the debt anymore. The manipulation game of the metals markets have been exposed and buyers are taking the physical bullion as a preservation of wealth. It has yet to be discussed what new regulations will be attached to an extension of the debt but Treasury Secretary Timmy Geithner has assured Congress will raise it at the Fed's whim or else suffer the consequences. It would be the same as Don Corleone making Congress an offer they can't refuse.
Most likely, this scenario will turn out badly for the Federal Reserve as they are between a rock and a hard place. Therefore, the only out they have is more war. On May 1st, the war machine with their corporate media lackeys tested the waters of patriotism and ignorance and found that pool is still warm. Whether it be Iran or Pakistan or Libya, the one-world government supporters are keeping their options of destruction open in the event the people are unable to be tricked into the chains of slavery.