Review: Gods of Money – Wall Street and the Death of the American Century

5 Star, America (Founders, Current Situation), Atrocities & Genocide, Budget Process & Politics, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Country/Regional, Crime (Corporate), Crime (Government), Economics, Electoral Reform USA, Empire, Sorrows, Hubris, Blowback, Executive (Partisan Failure, Reform), Impeachment & Treason, Intelligence (Government/Secret), Justice (Failure, Reform), Military & Pentagon Power, Misinformation & Propaganda, Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Politics, Power (Pathologies & Utilization), Public Administration, Science & Politics of Science, Secrecy & Politics of Secrecy, Security (Including Immigration), Threats (Emerging & Perennial), True Cost & Toxicity, Voices Lost (Indigenous, Gender, Poor, Marginalized), War & Face of Battle, Water, Energy, Oil, Scarcity

William Engdahl

5.0 out of 5 stars Before Griftopia, There Was Liar's Poker and Gods of Money,November 1, 2011

This book deserves a much more detailed review that illuminates the author's early connection of Wall Street fraud and Washington neo-conservative lust for looting the world….a bi-partisan (never mind the 63 parties that don't get to play, or the 43% of the US voters who are independent). Liar's Poker by Mark Lewis blew the cover of Wall Street's practice of “exploding the customer” and Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History later followed on John Bogle's The Battle for the Soul of Capitalism and William Greider's The Soul of Capitalism: Opening Paths to a Moral Economy, but William Engdahl is the one who nailed down the Trilateral Commission and Wall Street cabal focus on looting the world way beyond what John Perkin's discusses in Confessions of an Economic Hit Man.

Now the world is noticing. He appeared on Russia Today TV, which has eclipsed BBC as the English-language trusted source (and also excels at migrating its TV shorts to the web and to print), and here are some of his own words that illuminate how important his book is:

He says:

The ultimate goal of the US is to take the resources of Africa and Middle East under military control to block economic growth in China and Russia, thus taking the whole of Eurasia under control, author and historian William F. Engdahl reveals.

­The crisis with the US economy and the dollar system, the conduct of the US foreign policy is all a part of breakdown of the entire superpower structure that was built up after the end of WWII, claims Engdahl.

“Nobody in Washington wants to admit, just as nobody in Britain a hundred years ago wanted to admit that the British Empire was in terminal decline,” claims the author, noting that “All of this is related to the attempt to keep this sole superpower not only intact, but to spread its influence over the rest of the planet.”

William F. Engdahl believes the uprisings in the Middle East and North Africa is a plan first announced by George W. Bush at a G8 meeting in 2003 and it was called “The Greater Middle East Project”.

While I personally do not believe that Washington is behind the Arab Spring – the Department of State has always been incompetent at public diplomacy and CIA places dictators about the public (losers there go to counterintelligence and covert action staffs) – what matters here is that the Daydream Believers: How a Few Grand Ideas Wrecked American Power have created an Empire of Illusion: The End of Literacy and the Triumph of Spectacle.

The US Government is out of control, and it is out of control because a two-party tyranny (less turnover than the Politburo, in Peggy Noonan's great line for use by Ronald Reagan) has nurtured a combination of Wall Street legalized greed and neo-con military-industrial complex that has sold out the US taxpayer — 5% earmarks “buy” a 95% corporate hand-out, one third of that money borrowed in our name.

I take this book and the author's views with a small grain of salt, but the evidence is over-whelming. From Michael Kalre's Blood and Oil : The Dangers and Consequences of America's Growing Dependency on Imported Petroleum The End of America: Letter of Warning to a Young Patriot, we now know all we need to know about who is the greatest threat to the Republic and the Constitution: the two-party tyranny and their financial partners.

Occupy Wall Street is incoherent right now – when they get their act together, it is my hope they will focus on an Electoral Reform Act of 2012 – in my view, there is nothing wrong with America the Beautiful — all these enormous crimes against humanity not-withstanding – that cannot be fixed quickly by restoring integrity to our electoral system, hence our govenrment, hence our society and economy.

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