Andrew McColl, 12th November, 2019
The Case for an Australian Militia (IV)
The Economic Necessity:
The U.S. is in deep financial trouble:
A look at US Government debt since the beginning of the 20th century tells the story.
a) The U.S. has been fighting unproductive, expensive wars in Iraq and Afghanistan since 2001.
b) The U.S. defence budget is approaching a $1 trillion, but interest payments to China are now $450 billion. Professor L. Kotlikoff estimated (on Congressional figures, in August 2012) that the true US debt is not 16 trillion, but counting “unfunded liabilities” is $222 trillion.
c) Empires historically over-commit and collapse through debt and war. Think of the British Empire: after two World Wars and all the debt, it’s gone.
d) The U.S. still maintains 64,000 troops in Germany, 33,000 troops in Japan, and 10,000 troops in Italy, with a total of 700 bases on foreign soil. What for?
e) How many wars has the U.S. fought since 1945? The Cold War, Korea, Viet Nam, Afghanistan, Iraq (twice). When was it attacked in this time? Never.
f) The last U.S. budget surplus was when? 1957. The government takes in only 57 cents out of every dollar it spends today.
g) U.S. government debt rises by $120 million every hour; they don’t know how to stop.
h) “Anyone who looks objectively at actions being taken by the U.S. government to bolster its credit or cause its credit to deteriorate has to reach a very negative conclusion. Why? Simply because the country’s leadership has been taking it downhill for decades on end.”
i)“Nearly one-fourth of American homeowners live in houses that are underwater, worth less than the mortgages on them.” Thus there is a massive “shadow inventory” of over 50 million houses.
j) “America today is nothing more than a spoiled brat blowing through the last of their inheritance.”
II. China has 1.3 billion people:
a) China is rapidly developing a modern economy to rival the U.S.
b) “Each empire is replaced by its major creditor… The US was Great Britain’s major creditor. Now, China holds more US paper dollars and debt than anyone” (Bill Bonner, 11/8/2011).
c) The Chinese have 2.25 million soldiers, 1,700 fighter planes, 7,000 tanks and eight nuclear subs. Australia has 30,000 soldiers, with 16,900 reservists. Comparing these statistics (using 47,000 Australian soldiers as a basis), that’s a ratio of 1 Australian soldier to 47 Chinese.
d) China’s booming economy means its defence budget will double by 2015 to $238.2 billion, about four times the size of its nearest rival, Japan, according to a report released yesterday by global defence information provider IHS Janes… Australia, the region’s fifth-biggest military purchaser, spent $23.6 billion on defence last year, a figure expected to rise to $27.5 billion by 2015.
III. There are food and oil shortages in parts of the world:
a)’Global Food Crisis “One Shock Away,” Says World Bank Chief.’
b) Everyone has to eat, and Australia grows a lot of food. Could a nation decide to take ours by force?
IV. Australians must Consider our future Defence Independently, 10 Years from Now:
a) The Golden Rule of Insurance: Hope for the best, but plan for the worst. Why? Famous last words are: “That could never happen!” Eight 20th Century incidents:
i) WW I in 1914.
ii) 1.5m. Armenians murdered by Turkey (the twentieth century’s first genocide), in 1915.
iii) The French renege on their commitment to Poland, to help her in the event of an attack by a third party in 1939.
iv) WW II, 1939-1945.
v) German companies contract to build mass human incinerators in 1942.
vi) The Nazis kill 6 million Jews in World War II.
vii) The U.S. drops atomic bombs on Japan killing some 200,000 people, in 1945.
viii) Some 800,000 Tutsis murdered by the Hutus in Rwanda, in 1994.
Those who say, “That could never happen here!” demonstrate a tragic ignorance of human nature and history. It was Hilaire Belloc who said that
time after time mankind is driven against the rocks of the horrid reality of a fallen creation. And time after time mankind must learn the hard lessons of history; the lessons that for some dangerous and awful reason we can’t seem to keep in our collative memory.
 Jeff Berwick, “The Great Collapse of the US Empire,” Lew Rockwell website, 11/4/2012.