Power & Market

Bombing Iran

Bomb Iran

Bombing Iran is the ultimate testament to how the Global Political Elite (GPE) relies on American naivety to sustain its ongoing propaganda campaign. Today, I want to point out this propaganda-driven naivety, shared by almost all Americans, blinds them to the incredibly high costs that an attack on Iran would impose on them—and virtually everyone else on Earth. Only a tiny remaining subset of the global population will benefit from this, and they are the very instigators of this conflict in global human relations.

Let’s start with the costs. Any bombing campaign against Iran—whether nuclear or conventional—will likely result in immediate, mass destruction across the Middle East when Iran retaliates, particularly devastating the Persian Gulf States and Israel. The destruction could easily extend beyond people and buildings to target electrical grids, communication networks, and food and water distribution systems, triggering a massive humanitarian crisis involving 100 million people.

The secondary consequences of removing this region from the global economy would be catastrophic. It would eliminate 25 percent of world oil and gas production and 50 percent of global reserves, alongside massive portions of chemical and fertilizer supplies. Consequently, global production of all goods would be severely impacted. Food production would fall short of basic survival requirements, prices would skyrocket, and the world’s poor would die.

This would negatively impact just about everyone on the planet, triggering a cascade of secondary consequences detrimental to human flourishing. The free market is our worldly salvation, but it cannot miraculously multiply loaves and fishes—and governments can only reduce production while taking a giant cut of the proceeds for itself.

Remember, the pain we are experiencing today is highly muted because regional exports have not been completely cut off. Furthermore, major nations, led by the US, have exhausted their strategic stockpiles over the last several months to keep prices lower than they otherwise would be. I discussed this in a recent episode. The destruction of oil fields, pipelines, refineries, and distribution nodes would take out production entirely, requiring many years to rebuild.

The US government’s operations to control and exploit Iran have a long history. The CIA orchestrated a coup d’état against the Iranian political leadership in 1953, imposing the ruthless regime of the Shah. Since the overthrow of the Shah during the Iranian Revolution in 1979, Iran has been on guard against foreign interference and intervention, especially from the US’s proxy state in the region. I even rewrote a Beach Boys hit in 2007 to mock Senator John McCain’s views on the country.

In fact, you have to go back to the 18th century, prior to the founding of the United States, to find Iran acting as an aggressive military power invading another country. In contrast, the US and Israel have posed an ongoing threat to Iran and the wider region through repeated attacks, illegal economic sanctions, backing Saddam Hussein’s invasion of Iran, and launching full-scale invasions of Iran’s neighbors—Iraq and Afghanistan.

Iran was compliant with nuclear agreements and international inspections, and was actively negotiating with the US, when Israel and the US assassinated Iranian religious and political leadership—a reprehensible moral and legal crime.

While I am using a bit of interpretation here, I encourage you to check these facts using AI or consult an unbiased expert on the topic. Suborned, bloodthirsty neocon journalists do not count.

Speaking of neocons, who are these people who expect to benefit from a scenario of destruction, impoverishment, and death? It is a tiny group, comprising less than one-tenth of one percent of the world’s population, even when counting their employees and families. This is not a unified group; they typically act independently as individuals or factions.

While their aims are certainly politically oriented, even high-ranking politicians within their ranks are merely pawns, not kings or queens. They are also heavily business-oriented and have amassed great wealth, but they are “crony capitalists,” not true capitalist-entrepreneurs. They use political force to guarantee profits and rig affairs to secure massive, “unexpected” returns from various crises.

To achieve this, they maintain deep influence across media, education, and politics. This is no secret. Everyone knows that politics follows campaign money, that public education and research are designed to serve “public purposes” and specifically as an aid to government propaganda, and that the mainstream media is controlled by a handful of wealthy individuals who are also eager to infiltrate alternative outlets. Karl Marx would be proud.

The three pillars of their manipulative power can be summed up as the Deep State, the Federal Reserve, and the military-industrial complex—the queen, bishop, knight, and rook of the Global Political Elite. While the GPE of the capitalist era has been stable and successful over the centuries, the king’s key vulnerability is money. The GPE of the monarchical gold and silver coin period was relatively weak but emerged into capitalism armed with three distinct political interventions: 1) the power to debase money and issue unlimited debt; 2) the demonetization of tangible money into paper currency; and, 3) the institutionalization of fractional reserve banking.

Big banks serve as a major hub for the GPE, which is precisely why they receive lavish subsidies and bailouts.

A strategy to reverse these three political monetary interventions in the economy would tame and reverse the worst aspects of the power of the Global Political Elite.

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