Is The USA Heading For Third World Status?

http://www.swans.com/library/art13/ga238.html

My view is we're already there.

What historians will puzzle over is how a nation so obviously bankrupt, with tens of millions of its citizens suddenly plunging into near-destitute status after having been solidly middle class for generations, thought it could continue to borrow nearly $1 trillion a year from the Chinese and others in an attempt to "police (conquer) the world" long after it became apparent this was a quixotic and unworkable scheme and that our military wasn't up to the task to begin with.

And yet it goes on, year after year, and the middle class shrinks in inverse correlation to the rate of military/security expenditure increase.

Eisenhower's prophecy has come true. The military-industrial complex took over and proceeded to loot the nation. The process is just about complete. And the only thing that this parasitic complex can do, as the host (the American taxpaying public) begins to die, is to threaten new wars on behalf of Israel. Snakes bite. MICs start new wars.