On the Way to the US Third World, Inc.

In the news yesterday was the usual dosage of economic scare – Syria now moving their foreign exchange reserves to the euro. All $2 to 4 billion of their reserves (a spit in the financial ocean).

The short story did make me wonder if China and India's joint purchase of the Syrian Petro-Canada oil fields was paid in renminbi, dollars or euros. Some market the story as "Syria confronts US." No Syria is not in a confrontation with the US. The Syrian ruling elite are just protecting their ass-sets, just in case US, Inc. tries to freeze them. Makes me wonder if American businessmen are sitting in Bejing and Delhi discussing euros and Grandma Millie - "Just cut 'em off. They're so fucked. They should just bring back fucking horses and carriages, fucking lamps, fucking kerosene lamps."

How close are we to spending euros or renminbi at Wal-Mart? Remember a couple of years ago BushCo backed down on the steel tariffs, cut agricultural subsidies, and placed an import cap on Chinese imports of socks and pants. Psssssst … that cap was very small in accordance with WTO rules and assured US textiles manufacturers would back CAFTA, i.e. more unemployed American textile workers, more indigenous Caribbean and Central American folks earning your nickles and dimes, but margins of profit and the "free" market are a-okay in this hemisphere.

If the US economy "crashes" as some predict – remember folks, don't blame the Chinese, Indians, bourses or bloggers – it's businessmen – fucking your grandma (with the help of foreign leaders doing same to their grandmas).