"Glass
Steagall" was the legislation that had enabled America to take its
country back out of the hands of the financier empire. It was enacted at the
time of America worst depression to stop the looting of the nation and begin
its recovery. On this basis America had developed the most powerful economy in
the world and the richest nation on the planet. But Glass Steagall was
repealed by traitors in high places. As a consequence America collapsed on
many fronts. Its industries have been destroyed. Its infrastructures are
falling apart. Its social structures are torn down. It has become a hellhole
of poverty and a welfare state for the thieves.
To recover itself America needs a new renaissance and a new industrial
revolution. And for this it needs Glass Steagall restored. Many are fighting
for it, but not enough to turn the tide against the traitors in high office
who stall the restoration with every dirty trick and threat they can throw
against it to block Glass Steagall that would take the wind out of the sails
of empire and protect the nation. But the key issue here is not empire, but
the small-minded thinking in society.
In a
small-minded world
The
project to restore Glass Steagall is failing, apparently for reasons of
society's own smallness in thinking that appears to be the blocking factor
against Glass Steagall. And this sense of smallness goes deep, all the way, to
the point of seeing no hope. Society sees nothing on the horizon to fight for
that would give it the moment to fight for its future. Even the leading-edge promoters
have nothing to offer beyond the horizon. They say in essence, give us Glass
Steagall so that we can get rid of the parasites in order that we can breathe
again and recover America from its entrapment. But there, even the leading
edge pioneers stop.
They stop
with small promises, too small to be meaningful. They promise society, that
after Glass Steagall, we will give you 6 million jobs building NAWAPA,
directly or indirectly, and with these, as a national effort for some fifty
years, we will give you a trickle in improved agriculture down the line. What
a future would this promise offer? They
ask the nation to devote enormous resources in manpower and materials, with
nothing to show for in tangible returns for 50 years. Would one expect people
to get excited about that?
This kind
of project runs contrary to the principle of economics, doesn't it, as it
offers no tangible benefits (other than work) for society for fifty years, and
relatively few benefits after that. Who would be inspired by this in a world
were more than ten million families have been kicked out of their homes, and
countless millions more live in slum conditions that are an insult to the
human being, and more than a billion people across the world live in chronic
starvation while food is being taken out their mouth by underdevelopment and
for burning it in cars in the form of bio-fuels.
If one
wants to inspire a breakout from this status of horror, one can't do this with
a promise that offers almost nothing in returns for 50 years. At the very
least the leading edge leaders would need to offer society what it would have
produced if its normal development had not been interrupted in the postwar
period, and had been taken down, which the repeal of Glass Steagall.
If
America's development had not have been interrupted universal free housing for
all in need would have been implemented decades ago. It would have been
derived from efficient high-temperature automated production, made of basalt.
The high-temperature nuclear power technology that enables efficient
production with molten basalt was already up and running, and even tested,
back in the 1950s with the development of Liquid Fluoride Thorium Reactor (LFTR),
also called the Molten Salt Reactor (MSR). With the thermal input of a single
1-gigawatt LFTR (burning one ton of thorium per year, of the 900,000 tons the
USA has) an efficient facility can be built that can produce complete housing
modules for 15 million homes per year by reshaping basalt without effort in
automated production so that the housing can be given away for free as an
'investment' by society into itself.
If this
was standing behind Glass Steagall as a promise, the political fighters would
offer a whole new renaissance in human living, which would be possible in a
very short period, of possibly just a few years. The LFTR is relatively easy
to construct, as it doesn't even require a pressure vessel to operate, while
it offers 500 degree heat that can be pumped up to 1,200 for melting basalt.
The potential for mass-producing houses on this basis has existed for 50 years
already. And so, I would say, that this is the minimal that one would expect
by the leaders to be tabled as a driver for starting a new renaissance with
the restoration of Glass Steagall.
The same
capability existed for just as long to divert the outflow of rivers over long
distances, flowing in the oceans in woven arteries made of basalt. With this
simple principle that is widely applied in natural water movement, the NAWAPA
objective could be achieved in five years instead of fifty, with minimal cost
and far greater volume. Diverting the outflow of the Columbia River to the
coast of southern California, that way, would bring 191 million acre feet per
year (2.5 times the NAWAPA projected volume) to the dry southern region. On
this platform double the NAWAPA projected increase in food production could be
achieved, and in less than a decade, complete with brand new cities and new
industries operating in the appropriate areas.
Not only
would such a breakout, for which America had the capability already for five
decades, create a new renaissance with the utilization of efficient
production, materials, and technologies, but the resulting industrial
revolution would create such a demand for manpower for the new-technology
industries, with a vast ripple effect in creative production that the more
efficient materials, processes, and technologies would enable, so that the
goal of 6 million new jobs would be far superceded, almost from a standing
start.
This kind
of promised jumpstart would be of a power that would inspire the needed
breakout from the empire trap set up by traitors in high places, and would get
Glass Steagall back almost immediately. Compared with such a momentum, the
current NAWAPA offers almost nothing. It represents a denial of the power that
we have within us. Why would a nation labor for fifty years to build giant
dams that are twice as high as the Great Pyramid of Giza, or even
three-and-a-half times a high, as in the case of the 1,700 foot high dam
across the Coper River, when double the result can be achieved in five years?
NAWAPA
isn't an incentive. It is a disincentive. Sure, the task is huge and
impressive. It took China 12 years to build the little Three Gorges Dam (600
feet high) in the most perfect climate, ideal terrain, and with easy accesses
to the largest industrial engine in the world. The original NAWAPA estimate,
ranging up to 50 years in construction time for building the 900 and 1,700
foot-high dams, seem to be quite reasonable, considering that these dams would
have to be exponentially more massive, especially when built in one of the
world's premier earthquake regions, and for further considering that the
entire construction region is frozen up for seven months of the year. The
point is, why would anyone, or nation, labor for fifty years, when the same
result can be wrought in five years with almost no effort? And who would be
inspired by this folly, that's synonymous with planning to travel from
Washington to New York via Tokyo? What is proposed with NAWAPA at the present
time is a blocking factor rather than a driving impetus. What incentive would
anyone find in this to develop the political will and motivational power to
break out from the empire regime and reinstate Glass Steagall? The proposed
solution doesn't offer a dynamic match for the scope of the challenge, and
much less for the deep needs in society. It even falls short in offering a
minimal foundation for a new renaissance.
If Glass
Steagall is not achieved, or too late (as it is already in many ways), the
failure lies in the tragically small perceptions within society itself of its
potential future, something that it could see standing behind the call to
re-enact Glass Steagall. We are running the danger today, because of the
inherent small thinking that pervades the current NAWAPA project as a
follow-up behind Glass Steagall, that the great moment before us, which may be
the most critical moment in history, has found once again a very small people,
so that the tragedy that has gripped the world does not get resolved.
